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Leading the Future of
Healthcare Together
Memimpin Masa Depan
Pelayanan Kesehatan Bersama




                                                              2025          Laporan Tahunan dan Keberlanjutan
                                                                            Annual and Sustainability Report

Perseroan terus memperkuat perannya dalam                     The Company continues to strengthen its role in shaping
membentuk masa depan industri kesehatan melalui               the future of the healthcare industry through focused,
langkah-langkah strategis yang terarah, inovatif,             innovative, and sustainable strategic initiatives.
dan berkelanjutan. Upaya ini diwujudkan melalui               These efforts are realized through the development of
pengembangan kapasitas produksi, modernisasi                  production capacity, modernization of manufacturing
infrastruktur manufaktur, serta ekspansi ke lini strategis,   infrastructure, and expansion into strategic lines,
seperti Contract Development and Manufacturing                such as Contract Development and Manufacturing
Organization (CDMO). Di saat yang sama, Perseroan dan         Organization (CDMO). At the same time, the Company
Entitas Anak secara konsisten meningkatkan kapabilitas        and its Subsidiaries consistently increase organizational
organisasi guna memperkuat daya saing dan                     capabilities to strengthen competitiveness and establish
membangun peran sebagai mitra manufaktur farmasi              their role as an integrated pharmaceutical manufacturing
yang terintegrasi di tingkat nasional maupun global.          partner at both national and global levels.

Sejalan dengan itu, Perseroan dan Entitas Anak berfokus       In line with this, the Company and its Subsidiaries
pada pengembangan ekosistem layanan kesehatan                 focus on developing a more innovative, integrated,
yang lebih inovatif, terintegrasi, dan berorientasi pada      and community-oriented healthcare ecosystem. This
kebutuhan masyarakat. Komitmen ini dijalankan                 commitment is implemented through continuous
melalui investasi berkelanjutan dalam penelitian dan          investment in research and development, strengthening
pengembangan, penguatan portofolio produk, serta              of the product portfolio, and utilization of technology
pemanfaatan teknologi untuk meningkatkan efisiensi            to improve efficiency and service quality. All these
dan kualitas layanan. Seluruh upaya tersebut ditopang         efforts are supported by close collaboration with the
oleh kolaborasi yang erat bersama para pemangku               stakeholders, serving as a foundation to create added
kepentingan, sebagai fondasi dalam menciptakan nilai          value and sustainably improve the quality of life of the
tambah dan mendukung peningkatan kualitas hidup               community.
masyarakat secara berkesinambungan.
Page 3
Kesinambungan Tema
Theme Continuity



                                    Expand Innovate Endure
                                    Berkembang Berinovasi Bertahan

                                    Seiring dengan perkembangan industri kesehatan, Perseroan secara konsisten memperkuat
                                    kualitas pengelolaan bisnis untuk merespons tantangan dan mengoptimalkan setiap peluang
                                    melalui strategi ekspansi yang terarah, inovasi yang berkelanjutan, serta ketangguhan dalam
                                    menghadapi dinamika perubahan. Sepanjang tahun 2024, Perseroan telah melaksanakan
                                    berbagai inisiatif penting untuk memperluas jangkauan operasional dan memperkokoh
                                    posisinya di pasar, antara lain melalui akuisisi perusahaan farmasi di Australia, diversifikasi
                                    portofolio produk, serta optimalisasi saluran distribusi.


                                    Inovasi telah menjadi elemen penggerak utama Perseroan yang diwujudkan tidak hanya dalam
                                    pengembangan produk dan layanan, tetapi juga dalam peningkatan efisiensi proses produksi,
                                    strategi pemasaran, dan penerapan praktik keberlanjutan yang terintegrasi. Seluruh langkah
                                    ini ditopang oleh tata kelola yang transparan serta sistem manajemen risiko yang andal,
2024                                sehingga Perseroan mampu menjaga keberlanjutan usaha sembari memberikan nilai tambah
Laporan Tahunan dan Keberlanjutan   bagi masyarakat dan lingkungan. Tema “Expand, Innovate, Endure” menjadi simbol komitmen
Annual and Sustainability Report    Perseroan untuk tumbuh secara progresif, berinovasi secara konsisten, dan tetap tangguh
                                    dalam mewujudkan visi jangka panjang di tingkat nasional maupun global.


                                    As the development in the healthcare industry continues to evolve, the Company consistently
                                    strengthens the quality of its business management in order to respond to challenges and
                                    optimize every opportunity through organized expansion strategies, sustainable innovation,
                                    and resilience in navigating changing dynamics. Over the course of 2024, the Company
                                    implemented a number of key initiatives to expand its operational reach and solidify its market
                                    position, including the acquisition of a pharmaceutical company in Australia, diversification of
                                    its product portfolio, and optimization of based distribution channels.

                                    Innovation has become a driving force for the Company, realized not only through product and
                                    service development, but also in improving production efficiency, marketing strategies, and
                                    the implementation of integrated sustainability practices. All of these efforts are supported
                                    by transparent governance and a robust risk management system, enabling the Company to
                                    maintain business going concern while delivering added value to society and the environment.
                                    This year’s theme “Expand, Innovate, Endure” symbolizes the Company’s commitment to
                                    progressive growth, consistent innovation, and enduring strength in realizing its long-term vision
                                    both nationally and globally.




                                                                                                    PT Pyridam Farma Tbk        1
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                                       Expanding Reach, Strengthening
                                       the Performance of All Business Lines
                                       Perluas Jangkauan, Perkuat Kinerja Seluruh Lini Bisnis

                                       Perseroan berkomitmen untuk terus memanfaatkan peluang secara optimal sehingga dapat
                                       terus menorehkan kinerja terbaiknya dari masa ke masa. Oleh karena itu, sepanjang tahun
                                       2023, Perseroan mengambil langkah strategis untuk memperluas jangkauan dan meningkatkan
                                       aspek Sumber Daya Manusia (“SDM”) sehingga seluruh lini bisnis yang ada dapat mencatatkan
                                       kinerja yang maksimal.

                                       Perseroan juga berkomitmen untuk menciptakan pertumbuhan ekonomi yang berkelanjutan dengan
                                       menyelaraskan aspek Tujuan Pembangunan Berkelanjutan (“TPB”). Perseroan perlu melakukan
                                       berbagai langkah yang melibatkan strategi terpadu guna memaksimalkan efisiensi, mengelola
                                       sumber daya, dan mencapai tujuan Perseroan.

                                       The Company is committed to continuing to seize opportunities optimally to achieve its best
2023                                   performance from time to time. Therefore, throughout 2023, the Company took strategic steps
                                       to expand its reach and improve Human Resources (“HR”) aspects so that all business lines
Laporan Tahunan dan Keberlanjutan
                                       can record maximum performance.
Annual and Sustainability Report

                                       The Company is also committed to creating sustainable economic growth by aligning
                                       Sustainable Development Goals (“SDGs”) aspects. The Company needs to take various
                                       steps involving an integrated strategy to maximize efficiency, manage resources and achieve
                                       the Company’s goals.




                                       Expanding New Horizons Towards Excellence
                                       Memperluas Cakrawala Baru Menuju Keunggulan

                                       Seiring dengan meningkatnya kesadaran masyarakat akan pentingnya menjaga kesehatan
                                       merupakan salah satu indikator bagi Perseroan untuk melakukan ekspansi melalui beberapa
                                       aksi korporasi sepanjang tahun 2022. Perseroan telah melakukan akuisisi perusahaan,
                                       perluasan gudang, maupun peningkatan kapasitas produksi untuk meningkatkan penjualan
                                       dan memperluas area jangkauan.

                                       Perseroan juga terus berkomitmen untuk meningkatkan keunggulan melalui langkah-langkah
                                       strategis yang Perseroan jalankan, di antaranya: pengembangan kompetensi sumber daya
                                       manusia, bekerja sama untuk menciptakan produk yang inovatif, serta secara intensif
                                       beradaptasi terhadap perkembangan digitalisasi di industri kesehatan.

                                       Sejalan dengan gambaran besar yang Perseroan lakukan sepanjang tahun 2022 dalam upaya
                                       untuk menciptakan pertumbuhan dan kontribusi yang berkelanjutan, Perseroan memilih tema
                                       untuk Laporan Tahunan dan Laporan Keberlanjutan PT Pyridam Farma Tbk Tahun 2022, yaitu
2022                                   “Memperluas Cakrawala Baru Menuju Keunggulan”.
Laporan Tahunan dan Keberlanjutan
Annual and Sustainability Report       In line with the increase of public awareness of the importance of maintaining their health is
                                       one of the indicators for the Company to expand through several corporate actions throughout
                                       2022. The Company conducted acquisition a number of companies, warehouse expansion as
                                       well as increasing production capacity to increase sales and coverage area expansion.

                                       The Company also continue to be committed to intensify our excellence through strategic
                                       initiatives taken by the Company, such as: human resources competency development,
                                       cooperating with partners to create innovative products as well as adapting intensively to
                                       digitalization in the health industry.

                                       In line with the big picture the Company carried out throughout 2022 as an initiative to create
                                       sustainable growth and contribution, the Company chose the theme for the 2022 Annual
                                       Report and Sustainability Report of PT Pyridam Farma Tbk, is “Expanding New Horizons
                                       Towards Excellence”.


   2       Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
Page 5
Sanggahan dan Batasan Tanggung Jawab
Disclaimer and Scope of Responsibility


Laporan ini merupakan Laporan Tahunan dan Keberlanjutan             This integrated Annual Report and Sustainability Report of
terintegrasi milik PT Pyridam Farma Tbk (“Laporan”)                 PT Pyridam Farma Tbk (“Report”) describes the historical
yang menjelaskan tentang kinerja historis, kecuali atas informasi   performance, except for the prospective information and
dan pernyataan yang merupakan pernyataan prospektif                 statements (forward looking statements), including but not
(forward looking statement) termasuk tanpa terbatas pada            limited to revenues, profits, strategies, prospects, result, and
pendapatan, laba, strategi, prospek, akibat, dan semua pernyataan   all other statements that are not entirely historical facts.
lain yang tidak sepenuhnya fakta historis. Pernyataan-pernyataan    The prospective statements in this annual report are made
prospektif dalam Laporan ini dibuat berdasarkan asumsi dari         based on assumptions from national and regional economic
perubahan-perubahan ekonomi dan politik baik nasional maupun        and political changes, changes in foreign exchange rates,
regional, perubahan nilai tukar valuta asing, perubahan harga       changes in prices and demand and supply of commodity
dan permintaan dan penawaran pasar komoditas, perubahan             markets, changes in company competition, changes in
kompetisi perusahaan, perubahan undang-undang atau                  laws or regulations and accounting principles, policies and
peraturan dan prinsip akuntansi, kebijakan dan pedoman, serta       guidelines , as well as changes to assumptions used in making
perubahan asumsi yang digunakan dalam membuat pernyataan            forward looking statements.
prospektif (forward looking statements).


Perseroan tidak menjamin bahwa data yang telah dipastikan           The Company does not guarantee that the documents which
keabsahannya akan membawa hasil-hasil tertentu sesuai               validity has been confirmed will deliver certain results as
harapan. Pernyataan-pernyataan berdasarkan data terkini             expected. Statements based on current data and prospective
dan kondisi prospektif dalam Laporan ini dibuat berdasarkan         conditions in this Annual Report are made based on various
berbagai asumsi mengenai kondisi terkini dan kondisi                assumptions regarding the current and future conditions of
mendatang Perseroan serta lingkungan bisnis di mana                 the Company as well as the business environment in which
Perseroan menjalankan kegiatan usaha. Selanjutnya, Laporan          the Company operates business activities. Later, this Report
ini memuat kata “kami”, “Perseroan”, “Pyfa”, “Perusahaan”, dan      contains the words “us,” “the Company,“ “Pyfa,” “Company”
“Pyridam Farma” demi memudahkan penyebutan PT Pyridam               and “Pyridam Farma” in order to facilitate the mention of
Farma Tbk.                                                          PT Pyridam Farma Tbk.




                                                                                                   PT Pyridam Farma Tbk        3
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Tentang Laporan
About the Report


Tujuan dan Standar Pelaporan [GRI 2-3]                                Reporting Purpose and Standards [GRI 2-3]

Perseroan menyusun dan menerbitkan Laporan ini sebagai                The Company prepares and publishes this Report as a form
bentuk pertanggungjawaban dan penyampaian informasi                   of accountability and as a means of providing information on
tentang penerapan prinsip-prinsip keberlanjutan dalam                 the implementation of sustainability principles across all
seluruh aspek bisnis yang dijalankan. Acuan penyusunan                aspects of its business operations. This Report has been
Laporan ini mengacu pada beberapa standar, antara lain                prepared with reference to a number of standards, among
sebagaimana berikut:                                                  others as follows:
1. Peraturan Otoritas Jasa Keuangan Republik Indonesia                1. Financial Services Authority Regulation of the Republic of
    No. 29/POJK.04/2016 tentang Laporan Tahunan Emiten                    Indonesia No. 29/POJK.04/2016 concerning the Annual
    atau Perusahaan Publik (“POJK 29/2016”);                              Report of Issuers or Public Companies (“POJK 29/2016”);
2. Surat Edaran Otoritas Jasa Keuangan Republik                       2. Financial Services Authority Circular Letter of the Republic
    Indonesia No. 16/SEOJK.04/2021 tentang Bentuk dan                     of Indonesia No. 16/SEOJK.04/2021 concerning the Form and
    Isi Laporan Tahunan Emiten atau Perusahaan Publik                     Content of Annual Reports of Issuers or Public Companies
    (“SEOJK 16/2021”);                                                    (“SEOJK 16/2021”);
3. Global Reporting Initiative (“GRI”) Standards 2021 opsi            3. Global Reporting Initiative (“GRI”) Standards 2021, with
    with Reference dan kaitannya terhadap dukungan                        Reference option, and their alignment with the achievement
    pencapaian      Tujuan     Pembangunan      Berkelanjutan             of the Sustainable Development Goals (“SDGs”); and
    (Sustainable Development Goals/“SDGs”); serta
4. Environmental, Social, and Governance (“ESG”) Matriks yang         4. Environmental, Social, and Governance (“ESG”) Matrix
    diterbitkan Bursa Efek Indonesia (“BEI”).                            issued by the Indonesia Stock Exchange (“IDX”).



Entitas dalam Pelaporan [GRI 2-2]                                     Reporting Entities [GRI 2-2]

Laporan ini dibuat dalam Bahasa Indonesia dan Bahasa Inggris.         This Report is prepared in both Indonesian and English.
Dalam hal terdapat perbedaan istilah, informasi, atau data dalam      In the event of any discrepancies in terms, information, or data
Laporan ini, maka yang berlaku adalah istilah, informasi dan/atau     contained in this Report, the Indonesian version shall prevail.
data yang disajikan dalam Bahasa Indonesia. Sementara dalam           The presentation of reporting scope data is adjusted according
penyajian data ruang lingkup pelaporan disesuaikan dengan             to the relevance of each aspect. Economic data cover the
relevansi masing-masing aspek. Data ekonomi mencakup                  Company and all of its Subsidiaries as presented in the Financial
Perseroan dan seluruh Entitas Anak sebagaimana disajikan dalam        Statements as of December 31, 2025, which are included in
Laporan Keuangan per 31 Desember 2025, yang dilampirkan               this Report. Meanwhile, the social and environmental data
di dalam Laporan ini. Sementara itu, data sosial dan lingkungan       cover only the Company and 3 (three) Subsidiaries, namely
hanya mencakup Perseroan bersama 3 (tiga) Entitas Anak,               PT Holi Pharma (“Holi”), PT Ethica Industri Farmasi (“Ethica”),
PT Holi Pharma (“Holi”), PT Ethica Industri Farmasi (“Ethica”),       dan Probiotec Pty Ltd.
dan Probiotec Pty Ltd.




   4      Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
Page 7
Periode, Frekuensi, dan Kontak Pelaporan                              Reporting Period, Frequency, and Contact
[GRI 2-3, 2-4]                                                        [GRI 2-3, 2-4]
Perseroan menyusun dan menerbitkan Laporan ini 1 (satu) kali          The Company prepares and publishes this report 1 (one) time
dalam setiap tahun. Laporan untuk periode 2025 adalah merujuk         each year. The report for the 2025 period covers January 1,
pada periode 1 Januari 2025 hingga 31 Desember 2025. Laporan          2025 to December 31, 2025. The 2025 Report reflects
periode 2025 ini mengalami perubahan signifikan terkait               significant changes related to the further development
dengan pengembangan penggunaan standar pelaporan dan                  of reporting standards and material topics. To ensure
topik material. Untuk memenuhi prinsip validitas, apabila ada         the principle of validity, any restatements or re-presentations
pernyataan ulang atau pernyataan kembali informasi yang dimuat        of information from previous reports due to certain reasons,
pada laporan sebelumnya karena alasan tertentu, misalnya              such as differences in methodology or calculation methods,
perbedaan metodologi atau cara perhitungan, kami memberi              are marked with: *restated. Further information regarding this
tanda: *disajikan kembali. Informasi lebih lanjut terkait laporan     Report and its contents may be obtained through:
ini dan muatan di dalamnya dapat diperoleh melalui:




                                                            Media Sosial
                                                            Social Media


                                                          Instagram     @pyfagroup


                                                          LinkedIn      https://www.linkedin.com/company/pt-pyridamfarma-tbk/


                                                          Telp
                                                                        (62-21) 5099 1067
                                                          Phone

                                                          Situs Web
        Herdiasti                                         Website
                                                                        www.pyfa.co.id
     Anggitya Dwisani
       Sekretaris Perusahaan
        Corporate Secretary                                     Email


    Kantor Utama                                          Hubungan Investor
    Head Office                                                                        corsec@pyfa.co.id
                                                          Investor Relation
    Sinar Mas Land Plaza
                                                          Hubungan Media
    Sudirman                                                                           corcomm@pyfa.co.id
                                                          Media Relation
    Lt. 12 / 12th Floor
    Jl. Jenderal Sudirman Kav. 21,                        Karier
    RT 10/RW 01                                                                        hr.corporate@pyfa.co.id
                                                          Career
    Kuningan, Karet
    Jakarta Selatan /                                     Farmakovigilans
                                                                                       pv.safety@pyfa.co.id
    South Jakarta 12920                                   Pharmacovigilance




                                                                                                      PT Pyridam Farma Tbk      5
Page 8
Daftar        Isi
Table of Content

 ii   Tema / Theme                                                             Penentuan isi dan Topik Material Laporan /
                                                                          8
 1    Kesinambungan Tema / Theme Continuity                                    Determination of Report Content and Material Topics

      Sanggahan dan Batasan Tanggung Jawab /                                   Permasalahan dan Tantangan terhadap Penerapan
 3                                                                       17 Kinerja Keberlanjutan / Problems and Challenges with
      Disclaimer and Scope of Responsibility
                                                                               the Implementation of Sustainable Performance
 4    Tentang Laporan / About the Report
                                                                         19 Strategi Keberlanjutan / Sustainability Strategy
 6    Daftar Isi / Table of Content




Ikhtisar Kinerja / Performance Highlights


 24 Pencapaian Kinerja 2025 / Performance Achievement in 2025                  Informasi Sanksi Perdagangan Saham dan Aksi Korporasi /
                                                                         31
                                                                               Information on Stock Trading Sanctions and Corporate Actions
      Ikhtisar Kinerja Keberlanjutan / Sustainability Performance
 25
      Highlights                                                         32 Peristiwa Penting / Significant Events
 29 Ikhtisar Kinerja Operasional / Operational Performance Highlights    40 Penghargaan dan Sertifikasi / Awards and Certifications
 30 Ikhtisar Kinerja Saham / Stock Performance Highlights                42 Keanggotaan Asosiasi / Association Membership




Laporan Manajemen / Management Reports

 46 Laporan Dewan Komisaris / Board of Commissioners Report              54 Laporan Direksi / Board of Directors Report




Profil Perusahaan / Company Profile

 66 Identitas Perusahaan / Company Identity                                    Pemegang Saham Utama dan Pengendali /
                                                                         93
                                                                               Major Shareholders and Controlling Shareholders
 68 Riwayat Singkat / Brief History
 70 Visi dan Misi / Vision and Mission                                   94 Struktur Grup / Group Structure
 70 Nilai-Nilai Perusahaan / Corporate Values                            95 Kronologi Pencatatan Saham / Share Listing Chronology
                                                                               Kronologi Pencatatan Efek Lainnya / Other Securities
 72 Jejak Langkah / Milestones                                           95
                                                                               Listing Chronology
 76 Kegiatan Usaha / Business Activities
                                                                         96 Entitas Anak / Subsidiaries
      Wilayah Operasional dan Jaringan Distribusi /
 78                                                                      107 Sumber Daya Manusia / Human Resources
      Operation and Distribution Area
 80 Struktur Organisasi / Organization Structure                         112 Akuntan Publik / Public Accountant
                                                                               Lembaga dan Profesi Penunjang Pasar Modal /
 82 Profil Dewan Komisaris / Profile of the Board of Commissioners       112
                                                                               Capital Market Supporting Institutions and Professionals
 86 Profil Direksi / Profile of the Board of Directors                         Informasi pada Situs Web Perusahaan /
 91 Informasi Pemegang Saham / Information on the Shareholders           114
                                                                               Information on the Company’s Website




Analisis dan Pembahasan Manajemen / Management Discussions and Analysis

118 Tinjauan Ekonomi / Economic Overview                                         Laporan Laba Rugi dan Penghasilan Komprehensif Lain
118 Tinjauan Industri / Industry Overview                                127     Konsolidasian / Consolidated Statement of Profit or Loss
                                                                                 and Other Comprehensive Income
      Tinjauan Kinerja Operasional per Segmen /
120                                                                              Laporan Arus Kas Konsolidasian /
      Operational Performance Overview per Business Segment              130
                                                                                 Consolidated Statement of Cash Flows
124 Tinjauan Keuangan / Financial Overview
                                                                                 Rasio Keuangan Konsolidasian /
        Laporan Posisi Keuangan Konsolidasian /                          131
125                                                                              Consolidated Financial Ratios
        Consolidated Statement of Financial Position



  6        Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
Page 9
131     Kemampuan Membayar Utang / Solvency                                         Realisasi Penggunaan Dana Hasil Penawaran Umum /
                                                                            137
132     Tingkat Kolektibilitas Piutang / Receivables Collectability Ratio           Realization on the Use of Funds from the Public Offering

        Struktur Permodalan dan Kebijakan Manajemen atas                            Informasi dan Fakta Material terkait Investasi, Ekspansi,
                                                                                    Divestasi, Akuisisi, dan Restrukturisasi Utang/Modal /
133     Struktur Modal / Capital Structure and the Management               138
        Policy on Capital Structure                                                 Material Information and Facts on Investment, Expansion,
                                                                                    Divestment, Acquisition and Debt/Capital Restructuring
133     Investasi Barang Modal / Capital Investment
                                                                                    Informasi Material yang Mengandung Benturan Kepentingan
        Ikatan Material terkait Investasi Barang Modal /                            dan/atau Transaksi dengan Pihak Afiliasi / Material Information
134                                                                         139
        Material Commitment related to Capital Investment                           Containing Conflict of Interest and/or Transactions with
        Perbandingan Target dan Realisasi 2025 /                                    Affiliated Parties
134
        Target and Achievement Comparison in 2025                                   Informasi dan Fakta Material yang Terjadi Setelah Tanggal
134     Prospek Usaha / Business Outlook                                    140     Laporan Akuntan / Material Information and Facts
135     Proyeksi Tahun 2026 / Projection for 2026                                   Happening After the Date of the Accountant Report

135     Aspek Pemasaran / Marketing Aspect                                          Perubahan Perundang-Undangan yang Berpengaruh
                                                                            141
                                                                                    Signifikan / Changes in Laws that Have Significant Effect
        Program Kepemilikan Saham oleh Karyawan/Manajemen
                                                                                    Perubahan Kebijakan Akuntansi /
137     (“ESOP/MSOP”) / Employee/Management Stock Ownership                 141
        Program (“ESOP/MSOP”)                                                       Changes in Accounting Policies

        Kebijakan Dividen dan Pembagian Dividen /
137
        Dividend Policy and Dividend Distribution




 Tata Kelola Perusahaan yang Baik / Good Corporate Governance

      Komitmen Penerapan Tata Kelola Perusahaan yang Baik /                 183 Komite Audit / Audit Committee
144
      Commitment to Good Corporate Governance Implementation                      Fungsi Nominasi dan Remunerasi /
                                                                            188
    Pedoman Penerapan Tata Kelola Perusahaan yang Baik /                          Nomination and Remuneration Function
145
    Good Corporate Governance Implementation Guidelines                     190 Sekretaris Perusahaan / Corporate Secretary
    Tujuan Penerapan Tata Kelola Perusahaan yang Baik /                     195 Unit Audit Internal / Internal Audit Unit
145
    Purpose of Good Corporate Governance Implementation
                                                                            201 Manajemen Risiko / Risk Management
      Prinsip-Prinsip Tata Kelola Perusahaan yang Baik /
146                                                                         203 Sistem Pengendalian Internal / Internal Control System
      Good Corporate Governance Principles
                                                                            205 Kode Etik / Code of Conduct
      Struktur Tata Kelola Perusahaan yang Baik /
148                                                                         206 Sistem Pelaporan Pelanggaran / Whistleblowing System
      Good Corporate Governance Structure
                                                                                  Perkara Penting dan Sanksi Administratif /
149
      Penerapan Pedoman Tata Kelola Perusahaan Terbuka /                    208
      Implementation of Governance Guidelines for Public Companies                Important Cases and Administrative Sanction
154 Rapat Umum Pemegang Saham / General Meeting of Shareholders                   Kebijakan Anti-Korupsi dan Anti-Penyuapan /
                                                                            208
                                                                                  Anti-Corruption and Anti-Bribery Policy
163 Dewan Komisaris / Board of Commissioners
                                                                            210 Kebijakan Insider Trading / Insider Trading Policy
171 Direksi / Board of Directors
                                                                                  Akses Informasi dan Data Perseroan /
    Transparansi Informasi tentang Dewan Komisaris dan Direksi /            211
                                                                                  Access to Company’s Information and Data
178 Transparency of Information on the Board of Commissioners
    and Board of Directors




 Laporan Keberlanjutan / Sustainability Report

214 Komitmen Keberlanjutan / Sustainability Commitment                      225 Kinerja Lingkungan Hidup / Environmental Performance
215 Tata Kelola Keberlanjutan / Sustainability Governance                   238 Kinerja Sosial / Social Performance
220 Kinerja Ekonomi / Economic Performance

      Verifikasi Tertulis dari Pihak Independen /                                 Daftar Pengungkapan sesuai Pelaporan ESG Metrik /
257                                                                         264
      Written Verification from Independent Party                                 Disclosure List according to the ESG Matrix Reporting
259 Lembar Umpan Balik / Feedback Form                                            Daftar Pengungkapan GRI Standards 2021 /
                                                                            265
    Tanggapan terhadap Umpan Balik Laporan Tahun Sebelumnya /                     Disclosure List of GRI Standards 2021
261                                                                               Tanggung Jawab Laporan Tahunan dan Laporan Keberlanjutan /
    Response to Feedback on the Previous Year’s Report
                                                                            271
    Indeks Pengungkapan Kriteria Peraturan                                        Responsibility for the Annual Report and Sustainability Report
    Otoritas Jasa Keuangan No. 51/POJK.03/2017 /
261
    Financial Service Authority Regulation Criteria Disclosure
    Index Authority Regulation No. 51/POJK.03/2017




 Laporan Keuangan / Financial Statements



                                                                                                             PT Pyridam Farma Tbk              7
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Penentuan Isi dan Topik Material Laporan                                                            [GRI 3-1]

Determination of Report Content and Material Topics


Dalam menentukan isi dan topik material yang disajikan dalam           In determining the content and material topics presented in this
Laporan ini, Perseroan senantiasa memperhatikan perspektif             Report, the Company consistently considers the perspectives
para pemangku kepentingan sebagai landasan penting dalam               of its stakeholders as a fundamental basis for decision-
proses pengambilan keputusan. Perseroan meyakini bahwa                 making. The Company believes that active stakeholder
pelibatan aktif pemangku kepentingan merupakan faktor kunci            engagement is a key factor in building transparency,
untuk membangun transparansi, memperkuat hubungan yang                 strengthening sustainable relationships, and maintaining trust
berkelanjutan, serta menjaga kepercayaan terhadap Perseroan            in the Company as a pharmaceutical and healthcare industry
sebagai pelaku industri farmasi dan kesehatan. Oleh karena             player. Therefore, all information presented in this Report
itu, setiap informasi yang disampaikan dalam laporan ini telah         has been designed to be relevant to the stakeholders’ needs,
dirancang agar relevan dengan kebutuhan para pemangku                  while addressing the specific demands and dynamics of
kepentingan, sekaligus menjawab tuntutan dan dinamika yang             the pharmaceutical, medical devices, and consumer healthcare
khas dalam sektor farmasi, alat kesehatan, dan produk kesehatan        product sectors.
konsumen.


Perseroan melakukan identifikasi dan analisis mendalam                 The Company conducts in-depth identification and
terhadap isu-isu material yang berkembang, dengan mengacu              analysis of emerging material issues, drawing on input
pada masukan yang diperoleh melalui proses pelibatan                   obtained through stakeholder engagement processes. This
pemangku kepentingan. Proses ini dilakukan secara sistematis           process is conducted systematically in accordance with
berdasarkan pedoman AA1000 Stakeholder Engagement                      the AA1000 Stakeholder Engagement Standard (“SES”) 2015,
Standard (“SES”) 2015, yang memastikan pendekatan yang                 ensuring an inclusive, responsive, and accountable approach.
inklusif, responsif, dan akuntabel. Melalui kerangka tersebut,         Through this framework, the Company ensures that the topics
Perseroan memastikan bahwa topik-topik yang diangkat dalam             highlighted in this Report not only reflect the priorities and
Laporan ini tidak hanya mencerminkan prioritas serta harapan           expectations of stakeholders, but are also aligned with the
pemangku kepentingan, tetapi juga selaras dengan strategi              Company’s business strategy, growth orientation, and long-term
bisnis, orientasi pertumbuhan, serta tujuan keberlanjutan jangka       sustainability objectives.
panjang Perseroan.


Dalam memetakan kelompok pemangku kepentingan dan                      In mapping stakeholder groups and their information needs,
kebutuhan informasinya, Perseroan mempertimbangkan                     the Company takes into account the level of importance,
tingkat kepentingan, tingkat pengaruh, serta karakteristik             the degree of influence, and the characteristics of each
hubungan setiap pihak terhadap keberlangsungan operasional             relationship in relation to the continuity of the Company’s
Perseroan. Pendekatan ini memastikan bahwa Laporan                     operations. This approach ensures that the Report serves
ini berfungsi sebagai sarana komunikasi yang relevan,                  as a relevant communication tool, delivers added value,
memberikan nilai tambah, serta memperkuat kepercayaan                  and reinforces stakeholder confidence in the Company’s
pemangku kepentingan terhadap komitmen Perseroan dalam                 commitment to responsible business practices. The factors
menjalankan praktik bisnis yang bertanggung jawab. Adapun              considered by the Company in determining the content and
faktor-faktor yang menjadi pertimbangan Perseroan dalam proses         material topics are presented as follows:
penentuan isi dan topik material diuraikan sebagai berikut:

                                            Pihak yang memberikan pengaruh terhadap pengambilan keputusan yang dilakukan oleh
               Pengaruh                     Perseroan terkait keberlangsungan usaha.
               Influence                    The parties that influence the Company’s decision-making process regarding business going
                                            concern.




                                            Perseroan memiliki ketergantungan terhadap pihak tersebut, baik secara langsung maupun tidak
               Ketergantungan               langsung.
               Dependency                   The Company has a dependency on these parties, both directly and indirectly.




   8      Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
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                                             Perseroan memiliki tanggung jawab, baik saat ini atau di masa yang akan datang, terhadap pihak
                 Tanggung Jawab              tersebut.
                 Responsibility              The Company has responsibilities, both currently and in the future, towards these parties.



                                             Pihak tersebut dapat memberikan sudut pandang baru yang sebelumnya belum ada terhadap isu
                 Perhatian                   penting yang relevan.
                 Attention                   These parties can provide a new perspective on important and relevant issues that previously
                                             did not exist.



                                             Pihak yang memberikan pengaruh terhadap pengambilan keputusan yang dilakukan oleh
                 Perspektif                  Perseroan terkait keberlangsungan usaha.
                 Perspective                 The parties that influence the Company’s decision-making process regarding business going
                                             concern.




Pemetaan Pemangku Kepentingan                                             Stakeholder Mapping
[POJK E.4] [GRI 2-29]                                                     [POJK E.4] [GRI 2-29]


Berdasarkan kriteria yang telah diuraikan sebelumnya, Perseroan           Based on the criteria outlined above, the Company identifies
mengindentifikasi kelompok pemangku kepentingan yang                      stakeholder groups that have significant relevance and
memiliki keterkaitan dan pengaruh signifikan terhadap kegiatan            influence on its business activities in the pharmaceutical,
usaha di sektor farmasi, alat kesehatan, dan produk kesehatan             medical devices, and consumer healthcare product sectors.
konsumen. Melalui proses ini, Perseroan memetakan isu-isu                 Through this process, the Company maps the key issues of
utama yang menjadi perhatian masing-masing pemangku                       concern for each stakeholder group and prepares appropriate
kepentingan serta merumuskan langkah strategis yang tepat                 strategic measures to address their needs and expectations.
dalam merespons kebutuhan dan ekspektasi mereka. Hasil                    The results of the stakeholder mapping are presented as
pemetaan pemangku kepentingan tersebut diuraikan sebagai                  follows:
berikut:


  Pemangku
                      Basis Penetapan             Metode Pelibatan                                       Topik Utama
 Kepentingan
                    Basis of Determination       Engagement Method                                        Main Topic
 Stakeholders

 Pemegang          Pengaruh.                  RUPS Tahunan dan RUPS            • Akuntabilitas Laporan Keuangan Perseroan.
 Saham dan                                    Luar Biasa.                      • Keterbukaan informasi tata kelola Perseroan.
 Investor.

 Shareholders      Influence.                 Annual and Extraordinary         • Accountability of the Company’s Financial Statements.
 and Investor.                                GMS                              • Corporate governance information disclosure.

 Karyawan          • Tanggung Jawab.          • Pertemuan dengan               •   Hak-hak karyawan.
                   • Pengaruh.                  Manajemen.                     •   Kesetaraan dan kesempatan kerja.
                   • Ketergantungan.          • Pelatihan kepada               •   Proses rekrutmen.
                                                karyawan.                      •   Pengembangan karier.
                                                                               •   Peningkatan kualitas penerapan Kesehatan dan Keselamatan
                                                                                   Kerja (“K3”).
 Employees         • Responsibility.          • Meeting with the               •   Employee rights.
                   • Influence.                 Management.                    •   Job equality and opportunity.
                   • Dependency.              • Training for employees.        •   Recruitment process.
                                                                               •   Career development.
                                                                               •   Improving the quality of Occupational Health and Safety
                                                                                   (“OHS”) implementation.
 Masyarakat        • Tanggung Jawab.          • Program Corporate Social       • Bantuan sosial kepada masyarakat sekitar.
                   • Perhatian.                 Responsibility (“CSR”).        • Berkontribusi dalam pembangunan di sekitar wilayah
                   • Perspektif.              • Sarana pengaduan                 operasional.
                                                masyarakat.
 Public            • Responsibility.          • Corporate Social               • Social assistance to surrounding community.
                   • Attention.                 Responsibility (“CSR”)         • Contributions for local development.
                   • Perspective.               Program.
                                              • Public complaint facilities.




                                                                                                              PT Pyridam Farma Tbk           9
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  Pemangku
                        Basis Penetapan            Metode Pelibatan                                     Topik Utama
 Kepentingan
                      Basis of Determination      Engagement Method                                      Main Topic
 Stakeholders

 Pemerintah       • Tanggung Jawab.            Laporan Tahunan dan              Ketaatan terhadap peraturan perundang-undangan.
 dan Regulator    • Ketergantungan.            Laporan Keberlanjutan.

 Government       • Responsibility.            Annual Report and                Compliance with laws and regulations.
 and Regulator    • Dependency.                Sustainability Report.

 Konsumen         •    Tanggung Jawab.         Sarana pengaduan                 • Keamanan dan kesehatan produk.
                  •    Ketergantungan.         konsumen.                        • Kualitas produk.
                  •    Pengaruh.                                                • Jaminan atas standar produk.
                  •    Perhatian.

 Consumer         •    Responsibility.         Consumer complain                • Product safety and health.
                  •    Dependency.             facilities.                      • Product quality.
                  •    Influence.                                               • Guarantee of products standard.
                  •    Attention.
 Mitra Usaha      Ketergantungan.              Kontrak kerja sama/tender.       • Kontrak kerja sama yang transparan.
                                                                                • Informasi peluang kerja sama.
                                                                                • Sarana pengaduan mitra usaha.
 Business         Dependency.                  Work contract/tender.            • Transparent cooperation contracts.
 Partner                                                                        • Information on cooperation opportunities.
                                                                                • Business partner complaint facilities.



Analisis Risiko dan Peluang ESG                                             ESG Risk and Opportunity Analysis

Sebagai penyempurnaan proses penentuan topik material,                      As part of the refinement of the material topic determination
Perseroan mengintegrasikan analisis risiko dan peluang ESG                  process, the Company integrates an analysis of ESG-related
yang relevan dengan karakteristik industri farmasi. Pendekatan              risks and opportunities relevant to the characteristics of the
ini memperkuat proses pemetaan isu keberlanjutan dengan                     pharmaceutical industries. This approach strengthens the
mempertimbangkan dampak potensial terhadap kinerja                          sustainability issue mapping process by taking into account
operasional, kepatuhan regulasi, dan daya saing Perseroan.                  potential impacts on the Company’s operational performance,
Dalam pelaksanaannya, analisis dilakukan dengan mengacu                     regulatory compliance, and competitiveness. The analysis
pada Sustainability Accounting Standards Board (“SASB”)                     is conducted with reference to the Sustainability Accounting
– Biotechnology & Pharmaceuticals Standard, yang secara                     Standards Board (“SASB”) – Biotechnology & Pharmaceuticals
khusus menyoroti isu-isu material terkait keselamatan pasien,               Standard, which specifically highlights material issues related
akses obat, keamanan rantai pasok, kepatuhan terhadap                       to patient safety, access to medicines, supply chain security,
praktik manufaktur yang baik, serta tata kelola pemasaran dan               compliance with good manufacturing practices, as well as
etika bisnis.                                                               marketing governance and business ethics.


Melalui referensi SASB tersebut, Perseroan memperoleh                       Through this SASB reference, the Company gains
gambaran komprehensif mengenai risiko dan peluang yang                      a comprehensive understanding of risks and opportunities
memiliki potensi dampak finansial maupun non-finansial,                     with potential financial and non-financial impacts, including
termasuk aspek-aspek seperti keamanan uji klinis, efisiensi                 aspects such as clinical trial safety, drug pricing efficiency and
dan transparansi harga obat, keamanan produk dan penarikan                  transparency, product safety and recalls, counterfeit risks, talent
obat, risiko pemalsuan, pengelolaan talenta di bidang R&D,                  management in R&D, supply chain integrity, and compliance
integritas rantai pasok, serta kepatuhan terhadap prinsip                   with business ethics and anti-corruption principles. This
etika bisnis dan anti-korupsi. Pendekatan ini memungkinkan                  approach allows the Company to align ESG management with
Perseroan untuk menyelaraskan pengelolaan ESG dengan                        global pharmaceutical industry requirements and investors’
tuntutan industri farmasi global dan ekspektasi investor atas               expectations regarding material risk disclosure.
pengungkapan risiko material.


Analisis risiko dan peluang ESG memberikan beberapa manfaat                 The ESG risk and opportunity analysis provides several
strategis bagi Perseroan sebagaimana diuraikan berikut:                     strategic benefits to the Company, as presented below:
1. Mengidentifikasi risiko-risiko utama yang berpotensi                     1. Identifying key risks that may affect business going
    memengaruhi keberlangsungan bisnis, seperti kepatuhan                       concern, such as regulatory compliance, product safety,
    regulasi, keamanan produk, keberlanjutan pasokan bahan                      sustainability of raw material supply, and exposure to
    baku, serta eksposur terhadap potensi pelanggaran etika                     potential violations of marketing ethics and governance;
    pemasaran dan tata kelola;




  10        Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
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2. Menemukan peluang strategis untuk meningkatkan                         2. Discovering      strategic  opportunities      to    improve
   kinerja keberlanjutan, termasuk inovasi dalam riset dan                   sustainability performance, including innovation in
   pengembangan, peningkatan kualitas proses manufaktur,                     research and development, improvement of manufacturing
   perluasan akses obat, serta penguatan pengelolaan rantai                  process quality, expansion of medicine accessibility, and
   pasok yang sesuai standar internasional;                                  strengthening supply chain management in accordance
                                                                             with international standards;
3. Mengintegrasikan temuan ESG ke dalam sistem                            3. Integrating ESG findings into the risk management
   manajemen risiko, sehingga setiap keputusan strategis                     system, ensuring that every strategic decision balances
   mempertimbangkan         keseimbangan     antara   kinerja                economic performance, social impact, and environmental
   ekonomi, dampak sosial, dan kelestarian lingkungan; serta                 sustainability; and
4. Memastikan      relevansi    topik  material,    sehingga              4. Ensuring the relevance of material topics, so that the issues
   isu-isu yang diprioritaskan dalam Laporan ini benar-benar                 prioritized in this Report truly reflect stakeholder needs
   mencerminkan kebutuhan pemangku kepentingan dan                           and the dynamics of the pharmaceutical industry faced by
   dinamika industri farmasi yang dihadapi Perseroan.                        the Company.


Adapun hasil evaluasi atas analisis risiko dan peluang ESG                The results of the evaluation of ESG risk and opportunity
tersebut diuraikan sebagai berikut:                                       analysis are presented as follows:


                                                      Risiko Utama                                           Peluang Potensial
  Pilar ESG     Isu Spesifik                            Key Risks                                          Potential Opportunities
 ESG Pillars   Specific Issues        Jangka Pendek               Jangka Panjang                 Jangka Pendek                 Jangka Panjang
                                        Short-Term                  Long-Term                      Short-Term                    Long-Term

 Lingkungan    Efisiensi Energi    Kenaikan biaya listrik     Regulasi karbon dan            Program efisiensi energi        Investasi teknologi
               dan Emisi Gas       dan BBM, gangguan          standar efisiensi energi       di pabrik (optimasi utilitas,   rendah karbon (otomasi
               Rumah Kaca          operasional apabila        yang makin ketat dapat         retrofitting mesin, dan         hemat energi, green
               (“GRK”)             terjadi pemadaman atau     meningkatkan biaya             good housekeeping)              building, dan sistem
                                   pembatasan energi,         kepatuhan, risiko stranded     dapat menurunkan                pemantauan energi)
                                   serta intensitas emisi     asset pada peralatan boros     biaya produksi per              membangun reputasi
                                   tinggi memicu teguran      energi, serta melemahkan       unit dan memperbaiki            sebagai produsen
                                   regulator dan persepsi     daya saing bila emisi per      margin. Selain itu,             farmasi bertanggung
                                   negatif pemangku           unit produk lebih tinggi       pelaporan kinerja               jawab, sehingga
                                   kepentingan.               dibanding pesaing.             energi yang transparan          memperkuat posisi
                                                                                             dapat meningkatkan              dalam tender yang
                                                                                             kepercayaan investor.           mensyaratkan jejak
                                                                                                                             karbon rendah.
 Environment   Energy Efficiency   Increase in electricity    Stricter carbon regulations    Energy efficiency               Investment in low-
               and Greenhouse      and fuel costs,            and energy efficiency          programs at plants (utility     carbon technologies
               Gas (“GHG”)         operational disruptions    standards could raise          optimization, machinery         (energy-efficient
               Emissions           in the event of power      compliance costs, create       retrofitting, and good          automation, green
                                   outages or energy          stranded asset risks           housekeeping) can reduce        buildings, and energy
                                   restrictions, and high     for energy-intensive           production cost per unit        monitoring systems)
                                   emission intensity         equipment, and weaken          and improve margins.            builds a reputation
                                   may trigger regulatory     competitiveness if             Additionally, transparent       as a responsible
                                   warnings and negative      emissions per product unit     energy performance              pharmaceutical
                                   stakeholder perceptions.   are higher than peers.         reporting can increase          manufacturer, thereby
                                                                                             investor confidence.            strengthening the
                                                                                                                             Company’s position in
                                                                                                                             tenders requiring a low
                                                                                                                             carbon footprint.
               Penggunaan Air      Kegagalan mengelola        Pencemaran kronis pada         Optimalisasi Instalasi          Pengembangan skema
               dan Pengelolaan     limbah cair dan limbah     badan air atau tanah           Pengolahan Air Limbah           circular membuka
               Limbah              B3 (bahan kimia, bahan     berpotensi menimbulkan         (“IPAL”), pemilahan limbah      potensi penghematan
                                   baku kedaluwarsa,          sanksi berat, kewajiban        di sumber, dan kerja            jangka panjang, inovasi
                                   dan kemasan obat)          remediation jangka             sama dengan pengelola           model bisnis, dan
                                   dapat memicu temuan        panjang, gugatan hukum,        limbah berizin mengurangi       pengakuan sebagai
                                   inspeksi lingkungan,       serta hilangnya izin           biaya pembuangan dan            pelopor pengelolaan
                                   biaya pengolahan           operasional pabrik tertentu.   menurunkan risiko sanksi        limbah farmasi yang
                                   darurat, dan penolakan                                    dalam waktu dekat.              bertanggung jawab.
                                   warga sekitar karena                                      Selain itu, data kepatuhan
                                   bau atau pencemaran.                                      dapat digunakan untuk
                                                                                             memperkuat hubungan
                                                                                             dengan regulator.




                                                                                                                PT Pyridam Farma Tbk            11
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                                                         Risiko Utama                                          Peluang Potensial
 Pilar ESG       Isu Spesifik                              Key Risks                                         Potential Opportunities
ESG Pillars     Specific Issues        Jangka Pendek                  Jangka Panjang                Jangka Pendek               Jangka Panjang
                                         Short-Term                     Long-Term                     Short-Term                  Long-Term

               Water Use            Failure to manage             Chronic pollution of          Optimization of the           Developing circular
               and Waste            wastewater and                water bodies or soil could    Wastewater Treatment          economy schemes
               Management           hazardous and toxic           result in severe penalties,   Plant (“WWTP”), on-site       opens opportunities
                                    waste (chemicals,             long-term remediation         waste segregation, and        for long-term cost
                                    expired raw                   obligations, legal            collaboration with licensed   savings, business
                                    materials, and drug           claims, and the potential     waste management              model innovation,
                                    packaging) may                revocation of certain plant   providers can reduce          and recognition as a
                                    trigger environmental         operating licenses.           disposal costs and lower      pioneer in responsible
                                    inspection findings,                                        the risk of immediate         pharmaceutical waste
                                    emergency treatment                                         sanctions. Compliance         management.
                                    costs, and community                                        data can also be used to
                                    rejection due to odor or                                    strengthen relationships
                                    pollution.                                                  with regulators.
               Keamanan             Penggunaan bahan              Ketergantungan jangka         Pengetatan spesifikasi        Kolaborasi dengan
               Material dan         yang tidak tersertifikasi     panjang pada bahan            bahan, daftar approved        pemasok untuk
               Kemasan              atau pemasok yang             kemasan tidak ramah           vendors dan audit             pengembangan bahan
                                    tidak patuh dapat             lingkungan dan pemasok        lingkungan pemasok            dan kemasan ramah
                                    memunculkan temuan            yang lemah aspek              menurunkan risiko             lingkungan membuka
                                    ketidaksesuaian saat          ESG-nya meningkatkan          quality defect sekaligus      peluang diferensiasi
                                    audit Badan Pengawas          risiko gangguan               mempercepat otorisasi         produk, pengurangan
                                    Obat dan Makanan              pasokan, perubahan            produk di pasar-pasar         biaya logistik, dan
                                    Repulik Indonesia             regulasi (larangan bahan      baru.                         penguatan klaim
                                    (“BPOM”) atau klien,          tertentu), dan tekanan                                      keberlanjutan brand.
                                    sehingga menyebabkan          dari konsumen global
                                    batch rejection dan           yang menuntut bahan
                                    keterlambatan suplai.         berkelanjutan.
               Material and         Use of uncertified            Long-term reliance            Tightening material           Collaboration with
               Packaging Safety     materials or non-             on non-eco friendly           specifications, maintaining   suppliers to develop
                                    compliant suppliers may       packaging materials and       an approved vendor list,      eco friendly materials
                                    lead to non-conformity        suppliers with weak ESG       and conducting supplier       and packaging creates
                                    findings during The           performance increases the     environmental audits          opportunities for
                                    Indonesian Food and           risk of supply disruptions,   reduce quality defect risks   product differentiation,
                                    Drug Authority (“BPOM”)       regulatory changes (e.g.,     and expedite product          logistics cost reduction,
                                    or client audits, resulting   bans on certain materials),   authorization in new          and strengthening
                                    in batch rejection and        and pressure from global      markets.                      brand sustainability
                                    supply delays.                consumers demanding                                         claims.
                                                                  sustainable materials.
  Sosial       Keselamatan          Laporan efek samping          Kasus keamanan obat           Penguatan departemen          Rekam jejak keamanan
               Produk dan Sistem    yang tidak tertangani         yang berulang dapat           Farmakovigilans, sistem       produk yang kuat
               Farmakovigilans      cepat, atau kegagalan         berujung pada gugatan         pelaporan adverse             dan transparan
                                    menarik kembali batch         hukum bernilai besar,         event berbasis data,          meningkatkan
                                    bermasalah, dapat             larangan permanen atas        dan edukasi tenaga            kepercayaan konsumen,
                                    menimbulkan insiden           produk atau kelas terapi      kesehatan memungkinkan        memperbesar peluang
                                    keamanan pasien,              tertentu, serta kerusakan     respons cepat terhadap        masuk program
                                    product recall, dan           reputasi merek yang sulit     insiden, mengurangi           jaminan kesehatan
                                    penangguhan izin edar         dipulihkan di konsumen.       skala dampak, dan             nasional dan kerja sama
                                    untuk produk tertentu.                                      menunjukkan tanggung          internasional, serta
                                                                                                jawab Perseroan.              menjadi basis data
                                                                                                                              untuk inovasi formulasi
                                                                                                                              yang lebih aman.
  Social       Product Safety and   Delayed handling of           Recurrent drug safety         Strengthening the             A strong and
               Pharmacovigilance    adverse event reports         issues could lead to          Pharmacovigilance             transparent product
               Systems              or failure to recall          high-value legal claims,      department, implementing      safety record enhances
                                    problematic batches           permanent bans on             data-driven adverse event     consumer trust,
                                    may result in patient         specific products or          reporting systems, and        increases opportunities
                                    safety incidents, product     therapeutic classes,          educating healthcare          for participation
                                    recalls, and suspension       and lasting brand             professionals enable          in national health
                                    of distribution permit for    reputation damage among       rapid incident response,      insurance programs
                                    certain products.             consumers.                    reduce impact magnitude,      and international
                                                                                                and demonstrate the           collaborations, and
                                                                                                Company’s accountability.     provides a database
                                                                                                                              for the development of
                                                                                                                              safer formulations.




 12        Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
Page 15
                                                      Risiko Utama                                         Peluang Potensial
 Pilar ESG     Isu Spesifik                             Key Risks                                        Potential Opportunities
ESG Pillars   Specific Issues        Jangka Pendek                Jangka Panjang                 Jangka Pendek              Jangka Panjang
                                       Short-Term                   Long-Term                      Short-Term                 Long-Term

              Akses dan           Harga yang tidak            Kebijakan harga dan            Penyesuaian portofolio,     Strategi jangka
              Keterjangkauan      selaras dengan daya         akses yang tidak inklusif      kerja sama dengan           panjang untuk menjaga
              Obat                beli dan akses distribusi   meningkatkan risiko            pemerintah/BPJS, serta      keseimbangan antara
                                  yang terbatas dapat         regulasi pengetatan harga,     peningkatan jaringan        harga wajar dan inovasi
                                  menurunkan volume           hilangnya pangsa pasar         distribusi segera           membangun reputasi,
                                  penjualan dalam waktu       di segmen generik/obat         membuka pasar baru dan      serta menarik investor
                                  dekat dan memicu            esensial, dan merusak          memperbaiki utilisasi       berdampak (impact
                                  keluhan konsumen.           persepsi bahwa Perseroan       kapasitas produksi.         investors) yang fokus
                                                              berkontribusi pada sistem                                  pada akses kesehatan.
                                                              kesehatan nasional.
              Medicines Access    Prices that are             Non-inclusive pricing and      Portfolio adjustments,      Long-term strategies
              and Affordability   misaligned with             access policies increase       collaboration with the      that balance fair pricing
                                  purchasing power and        the risk of stricter pricing   government/BPJS, and        and innovation build
                                  limited distribution        regulations, loss of market    expansion of distribution   reputation and attract
                                  access may reduce           share in generic/essential     networks can immediately    impact investors
                                  sales volume in the         medicine segments, and         open new markets and        focused on healthcare
                                  short term and trigger      damage the perception of       improve production          access.
                                  consumer complaints.        the Company’s contribution     capacity utilization.
                                                              to the national healthcare
                                                              system.
              K3 dan              Kecelakaan kerja,           Kinerja K3 yang buruk          Implementasi program        Budaya kerja yang
              Kesejahteraan       paparan bahan kimia,        menurunkan daya                K3 dan wellbeing program    aman dan inklusif
              Karyawan            atau stres kerja tinggi     tarik Perseroan bagi           segera menurunkan           meningkatkan retensi
                                  menyebabkan lost            tenaga kerja terampil,         frekuensi insiden dan       tenaga ahli, mendukung
                                  time injury, penurunan      meningkatkan premi             ketidakhadiran, sekaligus   produktivitas jangka
                                  produktivitas, dan biaya    asuransi, dan dapat            memperbaiki moral           panjang, dan menjadi
                                  klaim kesehatan.            berujung pada sanksi atau      karyawan.                   selling point bagi calon
                                                              penghentian sebagian                                       karyawan berkualitas
                                                              operasi oleh regulator                                     serta mitra bisnis yang
                                                              ketenagakerjaan.                                           memperhatikan
                                                                                                                         standar K3.
              OHS, and            Workplace accidents,        Poor OHS performance           Implementation of OHS       A safe and inclusive
              Employee            chemical exposure,          diminishes the Company’s       programs and employee       work culture enhances
              Wellbeing           or high work-related        attractiveness to skilled      wellbeing initiatives       retention of skilled
                                  stress can lead to lost     talent, increases insurance    can promptly reduce         personnel, supports
                                  time injuries, reduced      premiums, and may result       incident frequency and      long-term productivity,
                                  productivity, and higher    in sanctions or partial        absenteeism, while          and serves as a selling
                                  healthcare claims.          operational shutdowns by       improving employee          point for attracting high-
                                                              labor regulators.              morale.                     quality employees and
                                                                                                                         business partners who
                                                                                                                         value OHS standards.




                                                                                                              PT Pyridam Farma Tbk            13
Page 16
                                                     Risiko Utama                                           Peluang Potensial
 Pilar ESG     Isu Spesifik                            Key Risks                                          Potential Opportunities
ESG Pillars   Specific Issues        Jangka Pendek                Jangka Panjang                Jangka Pendek                 Jangka Panjang
                                       Short-Term                   Long-Term                     Short-Term                    Long-Term

              Pengembangan        Perseroan menghadapi        Kesenjangan kompetensi        Program pelatihan               Strategi jangka
              Sumber Daya         potensi risiko apabila      yang berlanjut dan            intensif, sertifikasi teknis,   panjang untuk
              Manusia dan         pengembangan                kurangnya keberagaman         dan jalur karier yang           membangun talenta
              Keberagaman         kompetensi sumber daya      dalam kepemimpinan            jelas meningkatkan              riset, manufaktur,
                                  manusia, khususnya          dapat menghambat inovasi,     engagement karyawan dan         dan komersial yang
                                  di bidang teknis            mengurangi kemampuan          mempercepat transfer            beragam memperkuat
                                  manufaktur, regulasi,       Perseroan merespons           teknologi dalam jangka          kapasitas inovasi,
                                  dan pemasaran digital,      tren terapi baru, serta       pendek.                         mempermudah
                                  tidak dilakukan secara      meningkatkan risiko brain                                     ekspansi internasional,
                                  optimal. Kesenjangan        drain ke perusahaan global.                                   dan meningkatkan skor
                                  kompetensi tersebut                                                                       penilaian ESG eksternal.
                                  berpotensi menghambat
                                  kemampuan karyawan
                                  dalam mengikuti
                                  perkembangan teknologi
                                  dan standar kesehatan
                                  yang terus berkembang,
                                  sehingga dapat
                                  memengaruhi efektivitas
                                  pelaksanaan strategi
                                  ekspansi Perseroan.
              Human Capital       The Company faces           Persistent skills gaps        Intensive training              Long-term strategies
              Development         potential risks if human    and lack of diversity in      programs, technical             to build a diverse
              and Diversity       resource competency         leadership may limit          certifications, and clear       talent pool in research,
                                  development,                innovation, reduce the        career pathways enhance         manufacturing, and
                                  particularly in the areas   Company’s ability to          employee engagement             commercial functions
                                  of manufacturing            respond to emerging           and accelerate                  strengthen innovation
                                  technology, regulation,     therapeutic trends, and       short-term knowledge            capacity, facilitate
                                  and digital marketing,      increase the risk of brain    and technology transfer.        international expansion,
                                  is not optimally            drain to global companies.                                    and improve external
                                  implemented. This                                                                         ESG performance
                                  competency gap could                                                                      scores.
                                  potentially hinder
                                  employees' ability to
                                  keep up with evolving
                                  technology and health
                                  standards, thus impacting
                                  the effectiveness of the
                                  Company's expansion
                                  strategy.
              Tanggung            Bila program CSR dan        Hubungan yang lemah           Penajaman program               Keterlibatan
              Jawab Sosial        kesehatan masyarakat        dengan masyarakat dan         sosial relatif cepat            berkelanjutan
              dan Kontribusi      tidak terarah, Perseroan    lembaga kesehatan dapat       memperbaiki citra dan           dalam peningkatan
              Kesehatan           berisiko dianggap hanya     menghambat ekspansi           meningkatkan kedekatan          kesehatan masyarakat
              Masyarakat          mencari keuntungan          fasilitas baru, mengurangi    dengan komunitas target         memposisikan
                                  dari penjualan obat         penerimaan produk baru,       produk.                         Perseroan sebagai mitra
                                  tanpa kontribusi nyata      dan meningkatkan risiko                                       strategis, membuka
                                  ke masyarakat, sehingga     konflik sosial jangka                                         peluang kolaborasi riset,
                                  memunculkan resistensi      panjang.                                                      pilot project kesehatan
                                  di komunitas tertentu.                                                                    publik, dan akses ke
                                                                                                                            pasar baru.
              Corporate Social    If CSR and public health    Weak relationships            Sharpening social               Sustained involvement
              Responsibility      programs are not well-      with communities and          programs can quickly            in public health
              and Public Health   directed, the Company       healthcare institutions       improve the Company’s           improvement positions
              Contribution        risks being perceived       can hinder the expansion      image and strengthen            the Company as a
                                  as merely seeking           of new facilities, reduce     engagement with target          strategic partner,
                                  profit from medicine        acceptance of new             product communities.            opening opportunities
                                  sales without making a      products, and increase the                                    for research
                                  meaningful contribution     risk of long-term social                                      collaborations, public
                                  to communities,             conflicts.                                                    health pilot projects,
                                  potentially triggering                                                                    and access to new
                                  resistance in certain                                                                     markets.
                                  communities.




 14      Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
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                                                         Risiko Utama                                           Peluang Potensial
  Pilar ESG     Isu Spesifik                               Key Risks                                          Potential Opportunities
 ESG Pillars   Specific Issues         Jangka Pendek                  Jangka Panjang                 Jangka Pendek               Jangka Panjang
                                         Short-Term                     Long-Term                      Short-Term                  Long-Term

 Tata Kelola   Kepatuhan            Apabila terdapat              Pelanggaran berat              Penguatan sistem              Reputasi sebagai
               Regulasi Farmasi,    ketidaksesuaian terhadap      atau berulang dapat            manajemen risiko,             Perseroan yang sangat
               Kualitas (GMP),      standar BPOM, Good            mengakibatkan                  audit internal mutu, dan      patuh dan transparan
               dan Sistem           Manufacuturing Paractice      pencabutan lisensi             pelaporan kepatuhan           menurunkan biaya
               Manajemen Risiko     (“GMP”), atau standar         fasilitas, larangan ekspor,    yang proaktif membantu        modal, mempermudah
                                    mutu internasional maka       dan penurunan drastis          mengidentifikasi              memperoleh persetujuan
                                    hal ini dapat memicu          nilai Perseroan karena         ketidaksesuaian sejak         regulator di pasar baru,
                                    inspeksi dengan temuan        hilangnya kepercayaan          dini dan meningkatkan         dan meningkatkan nilai
                                    kritis, penghentian           investor dan mitra global.     kualitas operasi harian.      Perseroan dalam jangka
                                    produksi sementara, dan                                                                    panjang.
                                    penarikan produk dari
                                    pasar.
 Governance    Pharmaceutical       If there is non-compliance    Severe or repeated             Strengthening risk            A reputation as a
               Regulatory           with BPOM standards,          violations can lead to         management systems,           highly compliant and
               Compliance,          Good Manufacturing            facility license revocation,   conducting internal quality   transparent Company
               Quality (GMP), and   Practices (“GMP”), or         export bans, and a drastic     audits, and proactive         lowers the cost of
               Risk Management      international quality         decline in Company value       compliance reporting help     capital, facilitates
               Systems              standards, this can trigger   due to loss of investor and    identify non-conformities     regulatory approvals
                                    inspections with critical     global partner confidence.     early and improve day-to-     in new markets, and
                                    findings, temporary                                          day operational quality.      increases long-term
                                    production suspensions,                                                                    Company value.
                                    and product recalls from
                                    the market.
               Anti-Korupsi,        Terdapat potensi              Budaya korupsi yang            Implementasi kebijakan        Budaya integritas yang
               Anti-Penyuapan,      risiko dalam proses           tidak diatasi merusak          anti-korupsi/anti-suap,       kuat memperkuat
               dan Integritas       pengadaan, seperti            integritas Perseroan,          due diligence pemasok,        license to operate,
               dalam Rantai         konflik kepentingan           meningkatkan risiko kasus      serta whistleblowing          mempermudah
               Pasok                atau penyalahgunaan           hukum lintas yurisdiksi,       system yang efektif           kolaborasi jangka
                                    wewenang, yang dapat          dan menghalangi akses ke       mengurangi risiko insiden     panjang dengan
                                    memengaruhi integritas        pasar yang mensyaratkan        dan memberi sinyal kuat       mitra global, dan
                                    apabila tidak dikelola        standar kepatuhan tinggi.      kepada investor bahwa         meningkatkan skor
                                    dengan baik.                                                 Perseroan serius menjaga      penilaian ESG eksternal
                                                                                                 integritas.                   yang kini banyak
                                                                                                                               memperhatikan aspek
                                                                                                                               tata kelola.
               Anti-Corruption,     There are potential risks     An unaddressed culture         Implementation of anti-       A strong culture of
               Anti-Bribery, and    in the procurement            of corruption undermines       corruption/anti-bribery       integrity reinforces
               Supply Chain         process, such as              the Company’s integrity,       policies, supplier due        the Company’s license
               Integrity            conflicts of interest         increases the risk of cross-   diligence, and an effective   to operate, facilitates
                                    or abuse of authority,        jurisdictional legal cases,    whistleblowing system         long-term collaboration
                                    which can affect              and restricts access to        reduces incident risks and    with global partners,
                                    integrity if not managed      markets that require high      signals to investors the      and improves external
                                    properly.                     compliance standards.          Company’s commitment          ESG ratings, which
                                                                                                 to integrity.                 increasingly emphasize
                                                                                                                               governance aspects.




Daftar Topik Material dan Batasan [GRI 3-2]                                    Material Topics and Boundaries [GRI 3-2]

Setelah memperoleh pemahaman yang menyeluruh mengenai                          After obtaining a comprehensive understanding of stakeholder
kebutuhan dan harapan pemangku kepentingan, serta hasil                        needs and expectations, as well as the results of ESG risk
analisis risiko dan peluang ESG yang relevan dengan kegiatan                   and opportunity analyses relevant to business activities in
usaha di sektor farmasi, alat kesehatan, dan produk kesehatan                  the pharmaceutical, medical devices, and consumer healthcare
konsumen, Perseroan menetapkan langkah strategis untuk                         product sectors, the Company has established strategic
memprioritaskan isu-isu utama yang memiliki pengaruh                           measures to prioritize key issues that have a significant impact
signifikan terhadap keberlanjutan usaha. Proses penetapan                      on business going concern. This prioritization process forms
prioritas ini menjadi dasar penyusunan topik-topik material                    the basis for the selection of material topics disclosed in this
yang diungkapkan dalam Laporan ini.                                            Report.




                                                                                                                   PT Pyridam Farma Tbk           15
Page 18
Topik material yang dipilih mencerminkan aspek-aspek                    The selected material topics reflect the sustainability aspects
keberlanjutan paling relevan dengan karakteristik operasional           most relevant to the Company’s operational characteristics,
Perseroan, termasuk keamanan dan kualitas produk,                       including product safety and quality, innovation and research,
inovasi dan riset, kepatuhan terhadap regulasi farmasi,                 compliance with pharmaceutical regulations, ethical marketing
praktik pemasaran yang etis, pengelolaan rantai pasok,                  practices, supply chain management, employee health and
keselamatan dan kesejahteraan karyawan, serta kontribusi                wellbeing, as well as social and environmental contributions.
sosial dan lingkungan. Setiap topik diuraikan dengan                    Each topic is described with consideration of the impact
mempertimbangkan batasan dampak, baik yang terjadi                      boundaries, both within and outside the Company.
di dalam maupun di luar Perseroan.


Adapun topik material yang menjadi fokus utama dalam                    The material topics prioritized in this Report are presented as
Laporan ini diuraikan sebagai berikut:                                  follows:


                             Batasan Pemangku
                         Kepentingan yang Terdampak
   Topik Material          Boundaries of Affected                                     Alasan Bersifat Material
   Material Topics             Stakeholders                                           Reasons for Materiality
                           Internal        Eksternal
                           Internal        External

 Aspek Lingkungan
 Environmental Aspect

 Efisiensi Energi dan                                     Kinerja energi dan emisi berpengaruh langsung pada biaya produksi, kepatuhan
 Emisi GRK                                                lingkungan, serta daya saing Perseroan. Efisiensi yang baik menekan biaya,
                                                          mengurangi risiko regulasi, dan memperkuat posisi Perseroan sebagai produsen
                                                          farmasi berkelanjutan.
                              √                 √
 Energy Efficiency and                                    Energy efficiency and emissions directly affect production costs, environmental
 GHG Emissions                                            compliance, and the Company’s competitiveness. Effective efficiency measures
                                                          reduce costs, mitigate regulatory risks, and strengthen the Company’s position as
                                                          a sustainable pharmaceutical manufacturer.
 Penggunaan Air dan                                       Air dan limbah merupakan elemen kritis dalam proses farmasi. Pengelolaan
 Pengelolaan Limbah                                       yang buruk dapat memicu sanksi dan gangguan operasional. Praktik yang baik
                                                          memastikan kepatuhan, melindungi lingkungan, dan menjaga keberlanjutan fasilitas
                                                          produksi.
                              √                 √
 Water Use and Waste                                      Water and waste are critical elements in pharmaceutical processes. Poor
 Management                                               management may trigger sanctions and operational disruptions. Sound
                                                          practices ensure compliance, protect the environment, and sustain production
                                                          facility operations.
 Keamanan Material                                        Material dan kemasan menentukan keamanan obat dan pemenuhan standar
 dan Kemasan                                              BPOM/GMP. Ketidaksesuaian dapat menyebabkan recall dan merusak kepercayaan
                                                          publik. Pengawasan yang kuat menjamin mutu produk dan kelancaran rantai pasok.
                              √                 √
 Material and                                             Materials and packaging determine product safety and compliance with BPOM/GMP
 Packaging Safety                                         standards. Non-conformities may result in recalls and erode public trust. Strong
                                                          supervision ensures product quality and smooth supply chain operations.
 Aspek Sosial
 Social Aspect

 Keselamatan                                              Keselamatan pasien adalah prioritas utama. Sistem pemantauan efek samping yang
 Produk dan Sistem                                        kuat mencegah risiko kesehatan, menghindari recall, serta menjaga izin edar dan
 Farmakovigilans                                          reputasi Perseroan.
                              √                 √
 Product Safety and                                       Patient safety is a top priority. A robust adverse event monitoring system mitigates
 Pharmacovigilance                                        health risks, prevents product recalls, and safeguards distribution permit and
 Systems                                                  the Company’s reputation.

 Akses dan                                                Kemudahan akses produk menentukan kontribusi Perseroan terhadap kesehatan
 Keterjangkauan Obat                                      masyarakat. Keterjangkauan harga dan distribusi yang baik memperluas pasar
                                                          sekaligus memperkuat peran sosial Perseroan.
                              √                 √
 Medicines Access                                         Product accessibility determines the Company’s contribution to public health.
 and Affordability                                        Affordable pricing and effective distribution expand market reach while strengthening
                                                          the Company’s social role.




   16      Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
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                             Batasan Pemangku
                         Kepentingan yang Terdampak
  Topik Material           Boundaries of Affected                                 Alasan Bersifat Material
  Material Topics              Stakeholders                                       Reasons for Materiality
                           Internal      Eksternal
                           Internal      External

K3 dan Kesejahteraan                                  Keselamatan dan kesehatan kerja memengaruhi produktivitas dan keberlangsungan
Karyawan                                              operasi. Lingkungan kerja yang aman meningkatkan motivasi, mengurangi insiden,
                                                      dan memperkuat kinerja jangka panjang.
                              √              -
OHS, and Employee                                     Occupational health and safety influence productivity and operational continuity.
Wellbeing                                             A safe working environment increases employee motivation, reduces incidents, and
                                                      supports long-term performance.
Pengembangan SDM                                      Talenta yang terampil dan beragam mendorong inovasi serta memastikan Perseroan
dan Keberagaman                                       mampu mengikuti perkembangan industri kesehatan. Pengembangan SDM
                                                      meningkatkan kinerja, adaptabilitas, dan daya saing.
                              √              -
Human Capital                                         Skilled and diverse talent drives innovation and ensures the Company keeps pace
Development and                                       with developments in the healthcare industry. Human capital development enhances
Diversity                                             performance, adaptability, and competitiveness.

Tanggung Jawab                                        Perusahaan farmasi memiliki peran strategis dalam meningkatkan kesehatan publik.
Sosial dan Kontribusi                                 Program sosial yang tepat sasaran memperkuat kepercayaan masyarakat dan
Kesehatan                                             hubungan dengan pemangku kepentingan.
Masyarakat
                              -              √
Corporate Social                                      Pharmaceutical companies play a strategic role in improving public health.
Responsibility                                        Well-targeted social programs strengthen community trust and stakeholder
and Public Health                                     relationships.
Contribution

Aspek Tata Kelola
Governance Aspect

Kepatuhan Regulasi                                    Kepatuhan adalah fondasi keberlanjutan industri farmasi. Ketidakpatuhan
Farmasi, Kualitas                                     berisiko menghentikan produksi, menurunkan mutu, dan menghilangkan izin edar.
(GMP), dan Sistem                                     Sistem yang kuat menjamin kualitas dan stabilitas bisnis.
Manajemen Risiko
Pharmaceutical                                        Compliance is the foundation of sustainability in the pharmaceutical industry.
                              √              √
Regulatory                                            Non-compliance risks production halts, quality degradation, and loss of distribution
Compliance, Quality                                   permit. Robust systems ensure product quality and business stability.
(GMP), and Risk
Management
Systems

Anti-Korupsi,                                         Integritas menentukan reputasi dan kelayakan Perseroan sebagai mitra industri
Anti-Penyuapan,                                       kesehatan. Praktik korupsi atau pemasaran tidak etis dapat memicu sanksi berat.
dan Integritas dalam                                  Tata kelola yang bersih memperkuat kepercayaan dan menunjang pertumbuhan.
Rantai Pasok                  √              √
Anti-Corruption,                                      Integrity determines the Company’s reputation and its suitability as a partner in
Anti-Bribery, and                                     the healthcare industry. Corrupt practices or unethical marketing may trigger severe
Supply Chain Integrity                                sanctions. Strong governance reinforces trust and supports sustainable growth.




                                                                                                      PT Pyridam Farma Tbk           17
Page 20
Permasalahan dan Tantangan terhadap Penerapan
Kinerja Keberlanjutan                                  [POJK E.5]

Problems and Challenges with the Implementation of
Sustainable Performance

Dalam mengimplementasikan aspek keberlanjutan, Perseroan                     In implementing sustainability initiatives, the Company faces
menghadapi berbagai permasalahan dan tantangan yang                          a number of challenges arising from both internal and external
bersumber dari faktor internal maupun eksternal. Tantangan                   factors. These challenges emerge in line with the dynamics of
tersebut muncul seiring dengan dinamika industri farmasi yang                the tightly regulated pharmaceutical industry, advancements
diatur secara ketat, perkembangan teknologi produksi, tuntutan               in production technology, increasingly stringent quality
standar mutu yang semakin tinggi, serta meningkatnya                         standards, and rising stakeholder expectations regarding ESG
ekspektasi pemangku kepentingan terhadap aspek ESG.                          aspects. Further details on the challenges and their business
Informasi lebih lengkap mengenai tantangan dan implikasi                     implications are presented as follows:
bisnis yang dihadapi Perseroan diuraikan sebagai berikut:


            Aspek                                      Uraian                                            Dampak/Implikasi Bisnis
            Aspect                                   Description                                        Business Impact/Implication

 Internal

 Operasional                   Upaya meningkatkan efisiensi energi, air, dan                Peningkatan biaya operasional dan kebutuhan investasi
                               pengelolaan     limbah     membutuhkan modernisasi           modernisasi, risiko ketidaksesuaian terhadap regulasi
                               peralatan serta disiplin operasional.                        lingkungan, serta potensi gangguan terhadap kelancaran
                                                                                            produksi.
 Operations                    Efforts to improve energy and water efficiency and waste     Increase in operational costs and modernization
                               management require equipment modernization and               investment requirements, risk of non-compliance with
                               operational discipline.                                      environmental regulations, and potential disruptions to
                                                                                            production continuity.
 Kepatuhan dan Kualitas        Perubahan standar kualitas dan regulasi farmasi              Batch rejection, recall, teguran       regulator,   hingga
                               menuntut peningkatan sistem, dokumentasi, dan                penghentian sementara produksi.
                               konsistensi kepatuhan.
 Compliance and Quality        Changes in quality standards and pharmaceutical              Batch rejections, product recalls, regulatory warnings,
                               regulations    necessitate     enhanced   systems,           and temporary production halts.
                               documentation, and consistent compliance.
 SDM dan Kompetensi Teknis     Kesenjangan kompetensi di bidang manufaktur, mutu,           Produktivitas menurun, meningkatnya kesalahan kerja,
                               digitalisasi, dan farmakovigilans memerlukan pelatihan       serta melemahkan kesiapan audit.
                               berkelanjutan.
 HR and Technical              Competency gaps in manufacturing, quality, digitalization,   Reduced productivity, increased operational errors, and
 Competence                    and pharmacovigilance require ongoing training programs.     weakened audit readiness.

 K3                            Implementasi budaya K3 belum merata, termasuk disiplin       Kecelakaan kerja, meningkatnya downtime,             serta
                               penggunaan Alat Pelindung Diri (“APD”) dan pelaporan         penurunan retensi dan motivasi karyawan.
                               insiden.
 OHS                           Implementation of an OHS culture is not yet uniform,         Workplace accidents, increased downtime,               and
                               including adherence to Personal Protective Equipment         decreased employee retention and motivation.
                               (“PPE”) use and incident reporting.
 Integritas dan Tata Kelola    Risiko pemasaran tidak etis dan konflik kepentingan          Risiko hukum dan reputasi, rusaknya hubungan dengan
 Pemasaran                     dalam proses pengadaan atau interaksi bisnis.                konsumen dan mitra distributor.
 Marketing Integrity           Risks of unethical marketing practices and conflicts of      Legal and reputational risks, and deterioration of
 and Governance                interest exist in procurement processes or business          relationships with consumers and distribution partners.
                               interactions.
 Manajemen Risiko              Sistem deteksi dini ketidaksesuaian dan pengendalian         Kualitas produk tidak stabil, meningkatnya biaya koreksi,
 dan Mutu Produk               mutu belum sepenuhnya optimal.                               serta risiko hilangnya kepercayaan konsumen.
 Risk Management               Early detection systems for non-conformities and quality     Unstable product quality, higher corrective costs, and risk
 and Product Quality           control measures are not yet fully optimized.                of lost consumer trust.




   18       Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
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             Aspek                                   Uraian                                            Dampak/Implikasi Bisnis
             Aspect                                Description                                        Business Impact/Implication

 Eksternal
 External

 Regulasi Lingkungan          Ketentuan limbah B3, emisi, keamanan obat, dan              Kebutuhan biaya kepatuhan tambahan, risiko sanksi, dan
 dan Farmasi                  pelabelan semakin ketat serta berubah dinamis.              potensi penundaan izin edar.
 Environmental and            Regulations on hazardous and toxic waste, emissions,        Additional compliance costs, risk of sanctions, and
 Pharmaceutical Regulations   drug safety, and labeling are becoming increasingly         potential delays in distribution permit.
                              stringent and dynamic.
 Rantai Pasok Global          Ketergantungan pada pemasok global untuk pengadaan          Kondisi ini dapat memengaruhi kelancaran distribusi
                              produk kesehatan berupa fluktuasi harga, keterbatasan       produk serta kemampuan Perseroan dalam memenuhi
                              pasokan, serta potensi keterlambatan distribusi.            permintaan pasar secara tepat waktu.
 Global Supply Chain          Dependence on global suppliers for the procurement          This condition can affect the smooth distribution of
                              of health products results in price fluctuations, limited   products and the Company's ability to meet market
                              supply, and potential distribution delays.                  demand in a timely manner.
 Ekspektasi Konsumen,         Meningkatnya tuntutan transparansi informasi obat,          Risiko reputasi, peluang recall lebih besar, serta hubungan
 Tenaga Kesehatan, dan        keamanan produk, dan respons farmakovigilans yang           dengan regulator terpengaruh.
 Regulator                    cepat.
 Expectations of Consumers,   Rising demands for transparency in drug information,        Reputational risks, higher likelihood of product recalls,
 Healthcare Professionals,    product safety, and prompt pharmacovigilance response.      and strained relationships with regulators.
 and Regulators

 Persaingan Harga dan         Segmen generik sangat kompetitif sehingga menekan           Profitabilitas menurun, keterbatasan investasi ESG, dan
 Dinamika Pasar Farmasi       margin dan ruang investasi keberlanjutan.                   risiko kalah bersaing.
 Price Competition and        The generic segment is highly competitive, exerting         Reduced profitability, limited ESG investment capacity,
 Pharmaceutical Market        pressure on margins and limiting sustainability             and risk of losing competitive advantage.
 Dynamics                     investment opportunities.

 Preferensi Investor dan      Investor dan mitra bisnis semakin mempertimbangkan          Penilaian ESG rendah dapat mengurangi peluang
 Mitra terhadap ESG           jejak karbon, integritas pemasaran, dan dampak sosial.      pendanaan, kemitraan, dan kontrak besar.
 Investor and Partner         Investors and business partners increasingly consider       Low ESG ratings may limit opportunities for funding,
 Expectations on ESG          carbon footprint, marketing integrity, and social impact.   partnerships, and major contracts.

 Reputasi dan Keamanan        Risiko produk palsu, penyimpanan yang tidak aman, dan       Hilangnya kepercayaan publik, potensi litigasi, dampak
 Distribusi Produk            distribusi yang tidak terkontrol.                           jangka panjang pada nilai merek.
 Reputation and Product       Risks of counterfeit products, unsafe storage, and          Loss of public trust, potential litigation, and long-term
 Distribution Security        uncontrolled distribution.                                  impact on brand value.




Strategi Keberlanjutan                                  [POJK A.1] [GRI 2-22]; [GRI 2-23]

Sustainability Strategy


Perseroan berkomitmen untuk mendukung pencapaian                           The Company is committed to supporting the achievement
Tujuan Pembangunan Berkelanjutan (Sustainable Development                  of the Sustainable Development Goals (“SDGs”) through
Goals/”SDGs”) melalui strategi keberlanjutan yang terintegrasi             a sustainability strategy integrated across all operational
dalam seluruh aktivitas operasionalnya. Perseroan secara                   activities. The Company consistently adopts environmentally
konsisten mengadopsi praktik bisnis yang ramah lingkungan,                 responsible business practices, resource-efficient processes,
efisien dalam penggunaan sumber daya, serta berorientasi                   and socially oriented initiatives. This approach forms
pada kesejahteraan sosial. Pendekatan ini menjadi landasan                 the foundation for the Company in developing responsible
bagi Perseroan dalam mengembangkan proses produksi yang                    production processes, enhancing healthcare product innovation,
bertanggung jawab, memperkuat inovasi produk kesehatan,                    and creating sustainable economic value for all stakeholders.
serta menciptakan nilai ekonomi yang berkelanjutan bagi
seluruh pemangku kepentingan.




                                                                                                               PT Pyridam Farma Tbk            19
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Perseroan juga menyadari bahwa penerapan prinsip                            The Company also recognizes that implementing sustainability
keberlanjutan dihadapkan pada berbagai tantangan, antara                    principles faces various challenges, including changes in
lain perubahan regulasi lingkungan, keterbatasan sumber daya,               environmental regulations, resource limitations, and the need
serta kebutuhan untuk menyeimbangkan antara profitabilitas                  to balance profitability with sustainability. Through increased
dan keberlanjutan. Melalui peningkatan efisiensi, inovasi                   efficiency, continuous innovation, and good governance
berkelanjutan, serta penerapan tata kelola yang baik, Perseroan             practices, the Company strives to ensure that every action
berupaya memastikan bahwa setiap langkah yang diambil                       generates positive economic, social, and environmental
memberikan dampak positif terhadap aspek ekonomi, sosial,                   impacts. Accordingly, the Company’s sustainability strategy
dan lingkungan. Dengan demikian, strategi keberlanjutan                     not only strengthens business resilience but also contributes
Perseroan tidak hanya memperkuat ketahanan bisnis, tetapi                   to the realization of a healthier and more sustainable future.
juga berkontribusi pada terwujudnya masa depan yang lebih                   The Company’s programs aligned with the SDGs are presented
sehat dan berkelanjutan. Adapun program-program Perseroan                   as follows:
yang telah diselaraskan dengan SDGs diuraikan sebagai berikut:


                                                                       Implementasi [GRI 2-24]
       Target
                                                                          Implementation

                      Menjamin kehidupan yang sehat dan           1. Melaksanakan program pemberian vitamin kepada masyarakat umum
                      meningkatkan kesejahteraan seluruh             di berbagai wilayah, antara lain di Kabupaten Bone (Sulawesi Selatan),
                      penduduk semua usia.                           DKI Jakarta melalui Klinik SIMAS, serta dalam Kegiatan Car Free Day pada
                                                                     24 Agustus 2025.
                                                                  2. Menyalurkan vitamin dan dukungan nutrisi kepada komunitas keagamaan dan
                                                                     generasi muda, termasuk di Masjid Al-Azhar Jaka Permai Bekasi, Gereja Santa
                                                                     Monica (kaum muda dan lansia), Gereja Persekutuan Doa Priskila, serta pemberian
                                                                     makanan ringan kepada anak-anak dalam Kegiatan Youth Gereja Bogor.
                                                                  3. Memberikan dukungan peningkatan daya tahan tubuh kepada tenaga
                                                                     kesehatan dan aparat, melalui pemberian vitamin kepada Komunitas Dokter
                                                                     (Ikatan Dokter Indonesia (“IDI”) Jawa Barat) serta Tentara Nasional Indonesia
                                                                     (“TNI”) Angkatan Laut.
                                                                  4. Berpartisipasi dalam penyaluran bantuan vitamin bagi korban bencana banjir
                                                                     di wilayah Jabodetabek dan Sumatra melalui kolaborasi dengan Badan
                                                                     Nasional Penanggulangan Bencana (“BNPB”), Badan Pengawas Obat dan
                                                                     Makanan (“BPOM”), Palang Merah Indonesia (“PMI”), dan Kementerian
                                                                     Kesehatan Republik Indonesia.
                                                                  5. Menyediakan vitamin injeksi kepada fasilitas layanan kesehatan, yaitu Klinik
                                                                     SIMAS, untuk selanjutnya didistribusikan kepada masyarakat sekitar guna
                                                                     mendukung peningkatan imunitas.
                      Ensure healthy lives and          promote   1. Conducted vitamin distribution programs for the general public across various
                      well-being for all at all ages.                regions, including Bone Regency (South Sulawesi), DKI Jakarta through Klinik
                                                                     SIMAS, as well as during the Car Free Day event held on August 24, 2025.
                                                                  2. Distributed vitamins and nutritional support to religious communities and
                                                                     youth groups, including at Al-Azhar Jaka Permai Mosque in Bekasi, Saint
                                                                     Monica Church (youth and elderly groups), Priskila Prayer Fellowship Church,
                                                                     and provided snacks for children during the Youth Church activity in Bogor.
                                                                  3. Provided immune support for healthcare professionals and authorities through
                                                                     the distribution of vitamins to the Medical Community (Indonesian Medical
                                                                     Association (“IDI”) West Java) and the Indonesian Navy.
                                                                  4. Participated in the distribution of vitamin assistance for flood victims in
                                                                     the Greater Jakarta area and Sumatra through collaboration with the National
                                                                     Disaster Management Agency (“BNPB”), the Indonesian Food and Drug
                                                                     Authority (“BPOM”), the Indonesian Red Cross (“PMI”), and the Ministry of
                                                                     Health of the Republic of Indonesia.
                                                                  5. Provided injectable vitamins to healthcare facilities, namely Klinik SIMAS, for
                                                                     further distribution to surrounding communities to support the improvement of
                                                                     public immunity.




  20      Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
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                                                             Implementasi [GRI 2-24]
Target
                                                                Implementation

         Mencapai kesetaraan gender dan                 1. Tidak membedakan gender dalam proses rekrutmen karyawan selama
         memberdayakan kaum perempuan.                     kandidat dapat memenuhi persyaratan dan kualifikasi yang diberikan
                                                           Perseroan.
                                                        2. Tidak membedakan hak dan kewajiban karyawan berdasarkan jenis kelamin.
                                                        3. Karyawan perempuan mencapai 38,61% dari total karyawan Perseroan,
                                                           di mana karyawan perempuan di posisi manajer ke atas sebanyak 10,36%.
         Achieve gender equality and empower            1. Not discriminating based on gender in the employee recruitment process
         all women and girls.                              as long as the candidates meet the requirements and qualifications set by
                                                           the Company.
                                                        2. Not differentiating the employee’s rights and obligations based on gender.
                                                        3. Female employees make up 38.61% of the total employees, with female
                                                           employees in managerial positions and above comprising 10.36%.
         Meningkatkan pertumbuhan ekonomi               1. Program olahraga untuk karyawan setiap minggu.
         yang    inklusif  dan    berkelanjutan,        2. Perseroan menyediakan ruang ibu menyusui.
         kesempatan kerja yang produktif dan            3. Kebijakan Work from Home (“WFH”) dan Work from Office (“WFO”).
         menyeluruh, serta pekerjaan yang layak         4. Menyediakan private insurance secara bertahap di luar Badan Penyelenggara
         untuk semua.                                      Jaminan Sosial (“BPJS”).
                                                        5. Mempekerjakan tenaga kerja lokal di wilayah Perseroan beroperasi, sekitar
                                                           80% karyawan Perseroan merupakan tenaga kerja lokal.
         Promote sustained, inclusive and               1. Weekly sports programs for employees.
         sustainable economic growth, full and          2. The Company provides a nursing room for mothers.
         productive employment, and decent              3. Work from Home (“WFH”) and Work from Office (“WFO”) policy.
         work for all.                                  4. Providing private insurance gradually, in addition to the Social Security Agency
                                                           (“BPJS”).
                                                        5. Employing local labour in the areas where the Company operates, with
                                                           approximately 80% of the Company’s employees being local workers.
         Menjadikan kota        dan permukiman          1. Melaksanakan penanaman pohon mangrove di kawasan Mangrove Pluit
         inklusif,   aman,       tangguh,  dan             sebagai upaya mitigasi risiko abrasi dan banjir rob yang berpotensi berdampak
         berkelanjutan.                                    pada wilayah permukiman pesisir.
                                                        2. Melakukan penghijauan melalui penanaman pohon bersama Al-Azhar
                                                           di Gunung Munara, Bogor, guna mendukung stabilitas lahan dan mengurangi
                                                           potensi longsor di area pemukiman.
                                                        3. Berpartisipasi dalam kegiatan penanaman pohon di kawasan Gunung Halimun
                                                           Salak bersama Kontan sebagai kontribusi terhadap penguatan ketahanan
                                                           lingkungan dan perlindungan masyarakat sekitar.
         Make cities and human settlements              1. Engaged in mangrove planting activities in the Mangrove Pluit area as part
         inclusive, safe, resilient, and sustainable.      of efforts to mitigate the risk of coastal abrasion and tidal flooding that may
                                                           potentially impact coastal residential areas.
                                                        2. Engaged in greening initiatives through tree planting in collaboration with
                                                           Al-Azhar at Mount Munara, Bogor, to support land stability and reduce
                                                           the potential risk of landslides in residential areas.
                                                        3. Participated in tree planting activities in the Mount Halimun Salak area with
                                                           Kontan as a contribution to strengthening resilience.
         Memastikan pola konsumsi               dan     1. Penanganan limbah Non-B3 bekerja sama dengan Dinas Lingkungan Hidup
         produksi yang berkelanjutan.                      setempat untuk pengelolaannya.
                                                        2. Bekerja sama dengan PT Wastec International yang telah tersertifikasi dalam
                                                           pengelolaan limbah B3.
         Ensure sustainable consumption and             1. Management of non-hazardous and toxic (Non-B3) waste in collaboration with
         production patterns.                              the local Environmental Agency for its handling and management.
                                                        2. Partnering with PT Wastec International which is certified in the management
                                                           of hazardous and toxic waste.




                                                                                                      PT Pyridam Farma Tbk            21
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01
22   Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
Page 25
IKHTISAR KINERJA
    Performance Highlights


            PT Pyridam Farma Tbk   23
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     Ikhtisar Kinerja               Laporan Manajemen                  Profil Perusahaan           Analisis dan Pembahasan Manajemen
 Performance Highlights             Management Reports                 Company Profile             Management Discussions and Analysis




Pencapaian Kinerja 2025
Performance Achievement in 2025


  Kinerja Keuangan
  Financial Performance




        Pendapatan Neto                                   Jumlah Aset                                 Jumlah Ekuitas
           Net Sales                                      Total Assets                                 Total Equity



           Rp
                2,76                                     Rp
                                                              6,77                                 Rp
                                                                                                        985,18
              triliun / trillion                           triliun / trillion                              miliar / billion



            Naik / Increase                               Naik / Increase                               Turun / Decrease

                 43,71%                                       16,52%                                            5,23%
                                                                                           Produk Farmasi, Esthetic,
                                                                                           dan Jasa Maklon
  Kinerja                                                                                  Pharmaceutical Products, Esthetic,
  Segmen Operasi                                                                           and Toll Manufacturing Services
  Operational Segment
  Performance                                                                              Rp
                                                                                               2,75                           triliun / trillion


                                                                                           Naik / Increase

                                                                                                  44,00%
                                                                                           Produk Alat Kesehatan
                                                                                           Medical Equipment Products

                                                                                           Rp
                                                                                               7,50                           miliar / billion


                                                                                           Turun / Decrease

                                                                                                  16,99%




 24      Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
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   Tata Kelola Perusahaan                           Laporan Keberlanjutan
   Corporate Governance                              Sustainability Report




Ikhtisar Kinerja Keberlanjutan
Sustainability Performance Highlights


Keberlanjutan Kinerja Ekonomi [POJK B.1]
Economic Performance Sustainability

Kinerja Keuangan
Financial Performance
                                                                                                                   (dalam jutaan Rupiah / in million Rupiah)

                    Uraian                               2025                 2024        2023                         Description
Laporan Posisi Keuangan Konsolidasian [POJK C.3]
Consolidated Statement of Financial Position
Jumlah Aset Lancar                                     1.421.704             1.537.057    574.525                                 Total Current Assets
Jumlah Aset Tidak Lancar                               5.349.426             4.274.033    952.745                           Total Non-Current Assets
Jumlah Aset                                            6.771.130             5.811.091   1.527.269                                         Total Assets
Jumlah Liabilitas Jangka Pendek                        1.145.961             1.202.279    299.751                              Total Current Liabilities
Jumlah Liabilitas Jangka Panjang                       4.639.988             3.569.265    870.458                        Total Non-Current Liabilities
Jumlah Liabilitas                                      5.785.949             4.771.544   1.170.210                                      Total Liabilities
Jumlah Ekuitas                                            985.181            1.039.546    357.060                                           Total Equity
Laporan Laba Rugi dan Penghasilan Komprehensif Lain Konsolidasian
Consolidated Statement of Profit or Loss and Other Comprehensive Income
Pendapatan Neto                                        2.760.422             1.920.812    702.068                                         Net Revenues
Beban Pokok Penjualan                                 (2.177.278)        (1.384.332)     (406.752)                                 Cost of Goods Sold
Laba Bruto                                                583.145             536.480     295.316                                           Gross Profit
Beban Penjualan dan Pemasaran                           (286.821)            (279.916)   (188.738)                    Sales and Marketing Expenses
Beban Umum dan Administrasi                             (455.497)            (272.899)   (114.408)             General and Administrative Expenses
Rugi Usaha                                              (217.200)            (106.879)       1.879                              Loss from Operations
Rugi Sebelum Pajak                                      (530.870)            (313.144)    (83.248)                                     Loss Before Tax
Rugi Tahun Berjalan                                     (379.670)            (330.246)    (85.226)                                    Loss for the Year
Penghasilan (Rugi) Komprehensif Lain                                                                            Other Comprehensive Income (Loss)
                                                          107.117             (57.429)        (71)
Tahun Berjalan Setelah Pajak                                                                                                 for the Year after Tax
Jumlah Rugi Komprehensif                                                                                                   Total Comprehensive Loss
                                                        (272.553)            (387.675)    (85.297)
Tahun Berjalan                                                                                                                          for the Year
Laba (Rugi) Tahun Berjalan yang
                                                                                                            Profit (Loss) for the Year Attributable to:
dapat Diatribusikan kepada:
  Pemilik Entitas Induk                                 (379.670)            (330.247)    (85.221)                            Owners of the Parent
  Kepentingan Non-Pengendali                                    (0)                  0        (5,5)                        Non-Controlling Interest
Jumlah Penghasilan (Rugi) Komprehensif
                                                                                                                Total Comprehensive Income (Loss)
Tahun Berjalan yang Dapat Diatribusikan
                                                                                                                        for the Year Attributable to:
kepada:
  Pemilik Entitas Induk                                 (272.558)            (387.456)    (85.291)                            Owners of the Parent
  Kepentingan Non-Pengendali                                      5              (219)        (5,5)                        Non-Controlling Interest
Rugi Laba per Saham Dasar yang Dapat                                                                    Basic Loss Earning per Share Attributable to
                                                           (33,79)             (38,91)    (159,27)
Diatribusikan kepada Pemilik Entitas Induk                                                                          Owners of the Parent Company
Laporan Arus Kas Konsolidasian
Consolidated Statement of Cash Flows
Arus Kas Neto dari (untuk) dari Aktivitas Operasi       (364.285)            (143.816)   (103.983)    Net Cash Flows for (used in) Operating Activities
Arus Kas Neto dari (untuk) Aktivitas Investasi          (169.002)        (2.553.845)      (22.463)            Net Cash Flows for Investing Activities
Arus Kas Neto dari (untuk) Aktivitas
                                                          284.447            2.961.441     91.213          Net Cash Flows from Financing Activities
Pendanaan
Kenaikan (Penurunan) Neto dalam Kas                                                                                       Net Increase (Decrease) in
                                                        (248.840)             263.779     (35.233)
dan Setara Kas                                                                                                            Cash and Cash Equivalents
Efek Neto Perubahan Kurs Mata Uang                                                                     Net Effect of Changes in Exchanges Rates on
                                                             3.109             (2.561)      (1,54)
terhadap Kas dan Setara Kas                                                                                              Cash and Cash Equivalents
Kas dan Setara Kas pada Awal Tahun                        343.760              82.541     117.776      Cash and Cash Equivalents at Beginning of Year
Kas dan Setara Kas pada Akhir Tahun                        98.029             343.760      82.541         Cash and Cash Equivalents at End of Year



                                                                                                                 PT Pyridam Farma Tbk               25
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        Ikhtisar Kinerja                           Laporan Manajemen                  Profil Perusahaan                          Analisis dan Pembahasan Manajemen
    Performance Highlights                         Management Reports                 Company Profile                            Management Discussions and Analysis




Rasio Keuangan Konsolidasian
Consolidated Financial Ratios

                            Uraian                                 2025         2024                   2023                                    Description

 Rasio Profitabilitas
 Profitability Ratio                                                                                                                                                  (dalam % / in %)

 Margin Laba Bruto                                                     21,13     27,93                   42,06                                             Gross Profit Margin

 Margin Laba (Rugi) Operasi                                            (7,87)    (5,56)                   0,27                                Operating Profit (Loss) Margin

 Margin Laba (Rugi) Tahun Berjalan                                 (13,75)      (17,19)                (12,14)                               Profit (Loss) Margin for the Year

 Rasio Laba (Rugi) Tahun Berjalan                                                                                                                 Profit (Loss) for the Year to
                                                                   (38,54)      (31,77)                (23,87)
 terhadap Jumlah Ekuitas                                                                                                                                    Total Equity Ratio

 Rasio Laba (Rugi) Tahun Berjalan                                                                                                                 Profit (Loss) for the Year to
                                                                       (5,61)    (5,68)                 (5,58)
 terhadap Jumlah Aset                                                                                                                                       Total Assets Ratio

 Rasio Likuiditas
 Liquidity Ratio                                                                                                                                        (dalam kali / in times)

 Rasio Lancar                                                           1,24      1,28                    1,92                                                        Current Ratio

 Rasio Solvabilitas
 Solvency Ratios                                                                                                                                        (dalam kali / in times)

 Rasio Liabilitas terhadap Jumlah Aset                                  0,85      0,82                    0,77                                Liabilities to Total Assets Ratio

 Rasio Liabilitas terhadap Jumlah Ekuitas                               5,87      4,59                    3,28                                 Liabilities to Total Equity Ratio




   Jumlah Aset                                                                               Jumlah Liabilitas
   Total Assets                                                                              Total Liabilities
(dalam jutaan Rupiah / in million Rupiah)                                                 (dalam jutaan Rupiah / in million Rupiah)
                    1.527.269




                                       5.811.091




                                                           6.771.130




                                                                                                                                 4.771.544




                                                                                                                                                          5.785.949
                                                                                                              1.170.210




                   2023               2024                2025                                               2023               2024                     2025




   26         Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
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Tata Kelola Perusahaan yang Baik                   Laporan Keberlanjutan
  Good Corporate Governance                         Sustainability Report




   Jumlah Ekuitas                                                              Pendapatan Neto
   Total Equity                                                                Net Revenues
(dalam jutaan Rupiah / in million Rupiah)                                   (dalam jutaan Rupiah / in million Rupiah)
                   357.060




                                       1.039.546




                                                   985.181




                                                                                                                   1.920.812




                                                                                                                                    2.760.422
                                                                                                702.068
                   2023               2024         2025                                        2023               2024             2025




   Laba Bruto                                                                  Jumlah Rugi Komprehensif Tahun Berjalan
   Gross Profit                                                                Total Comprehensive Loss for the Year
(dalam jutaan Rupiah / in million Rupiah)                                   (dalam jutaan Rupiah / in million Rupiah)



                                                                                               2023               2024             2025
                   295.316




                                       536.480




                                                   583.145




                                                                                                                   (387.675)




                                                                                                                                    (272.553)
                                                                                               (85.297)




                   2023               2024         2025




                                                                                                                        PT Pyridam Farma Tbk    27
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       Ikhtisar Kinerja               Laporan Manajemen                   Profil Perusahaan                     Analisis dan Pembahasan Manajemen
   Performance Highlights             Management Reports                  Company Profile                       Management Discussions and Analysis




Kinerja Keberlanjutan Ekonomi
Economic Sustainability Performance

                                        Satuan
                Uraian                                      2025              2024              2023                        Description
                                         Unit

 Operasional
 Operations
                                         Boks
 Jumlah Produksi                                      147.975.919         162.375.266         168.631.502                            Total Production
                                         boxes
                                         Jenis
 Jumlah Produk Ramah Lingkungan                                       -                -                    -            Total Eco-Friendly Products
                                         Type
 Pelibatan Pihak Lokal
 Local Stakeholders Engagement
                                        Orang
 Tenaga Kerja Lokal                                           1.325              1.276             1.134                             Local Workforce
                                        People
                                         Pihak
 Pemasok Lokal                                                    323              317               332                              Local Suppliers
                                        Parties


Keberlanjutan Kinerja Sosial [POJK B.3]
Social Performance Sustainability

                                        Satuan
                Uraian                                      2025              2024              2023                        Description
                                         Unit

 Pengelolaan Karyawan
 Employee Management
                                        Orang
 Jumlah Karyawan                                            2.689            1.438              1.354                                Total Employees
                                        People
                                        Orang
 Jumlah Karyawan Pria                                       1.405              893                868                          Total Male Employees
                                        People
                                        Orang
 Jumlah Karyawan Wanita                                     1.284              545                486                       Total Female Employees
                                        People
                                       Peserta
 Pelatihan Karyawan                                         6.905            4.878              2.497                              Employee Training
                                      Participant
 Pengembangan Sosial dan Kemasyarakatan
 Community Social Development
                                       Program
 Jenis Kegiatan                                               15                 12                 8                                  Activity Types
                                       Program
                                     Jutaan Rupiah
 Biaya Investasi Sosial                                      813             1.690              3.694                         Social Investment Cost
                                     Million Rupiah



Keberlanjutan Kinerja Lingkungan Hidup [POJK B.2]
Environmental Performance Sustainability

                                     Satuan
               Uraian                                      2025             2024                 2023                        Description
                                      Unit
 Penggunaan Bahan Bakar Minyak (BBM) Solar
 Diesel Fuel Consumption
 Pyfa                                   GJ             2.770,00             133,96                210,91                                         Pyfa
 Holi                                   GJ                 74,00             68,21              2.982,92                                          Holi
 Ethica                                 GJ                        -          67,89                 93,71                                        Ethica
 Probiotec Pty Ltd                      GJ                        -                -                    -                           Probiotec Pty Ltd
 Jumlah                                 GJ             2.844,00             270,00              3.287,54                                         Total




  28       Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
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Tata Kelola Perusahaan yang Baik                  Laporan Keberlanjutan
  Good Corporate Governance                        Sustainability Report




                                        Satuan
              Uraian                                          2025                     2024                  2023                   Description
                                         Unit
 Penggunaan Listrik
 Electricity Usage
 Pyfa                                     GJ                10.629,90               9.515,69                 9.006,25                                      Pyfa
Holi                                      GJ                10.194,97              27.291,60                14.165,65                                       Holi
Ethica                                    GJ                21.470,40              23.224,32                22.802,40                                    Ethica
Probiotec Pty Ltd                         GJ                36.378,45                         -                     -                       Probiotec Pty Ltd
Jumlah                                    GJ                78.673.32              60.031,61                45.974,30                                     Total
Pengendalian Emisi
Emission Control
Listrik GRK Cakupan 1 dan 2             TonCo2e               17.830,08            15.595,83                12.182,96        Scope 1 and 2 GHG Electricity
Penggunaan CNG
CNG Use
Ethica                                    GJ                  25.942,76            29.927,70                29.292,56                                    Ethica
Jumlah                                    GJ                  25.942,76            29.927,70                29.292,56                                     Total
Penggunaan Air
Water Use
Air Permukaan                                                                                                                                  Surface Water
(Danau, Sungai, dan lainnya)                                                                                                                 (Lake, River, etc)
Ethica                                    m3                      48.808               47.088                 60.139                                     Ethica
Air Tanah                                                                                                                                        Groundwater
Pyfa                                      m3                      25.639               23.986                 13.627                                       Pyfa
 Holi                                     m   3
                                                                  14.955               16.995                 13.613                                        Holi
Probiotec Pty Ltd                         m3                      83.939                      -                     -                       Probiotec Pty Ltd
Jumlah                                    m3                    173.341                88.069                 87.379                                      Total
Jumlah Limbah yang Dihasilkan                                                                                                        Total Waste Generated
Limbah Air                                m3                      72.994               62.506                 69.486                              Wastewater
 Limbah B3                                Kg                      50.382               21.971                   1.516          Hazardous and Toxic Waste
 Limbah Non-B3                            Kg                      93.343               70.350                 62.919      Non-Hazardous and Toxic Waste
 Program Pengurangan Limbah
 Perseroan mengimplementasikan program reduce, reuse, dan recycle (“3R”) dalam lingkungan kerja untuk mengurangi limbah non-B3 yang dihasilkan
 dari kegiatan produksi, perkantoran, dan rumah tangga.
 Waste Reduction Program
 The Company implements a reduce, reuse, and recycle (“3R”) program within the workplace to minimize non-hazardous and toxic waste generated
 from production activities, office operations, and household-related sources.
 Pelestarian Keanekaragaman Hayati
 Perseroan berpartisipasi dalam berbagai kegiatan penanaman pohon, antara lain penanaman mangrove di kawasan Mangrove Pluit, kegiatan
 penghijauan bersama Al-Azhar di Gunung Munara, Bogor, serta penanaman pohon di kawasan Gunung Halimun Salak bersama Kontan.
 Biodiversity Conservation
 The Company participated in a number of tree planting initiatives, including mangrove planting in the Mangrove Pluit area, a greening program with
 Al-Azhar at Mount Munara in Bogor, and tree planting activities in the Mount Halimun Salak area in collaboration with Kontan.




Ikhtisar Kinerja Operasional
Operational Performance Highlights

                                                                                                                         (dalam jutaan Rupiah / in million Rupiah)


                     Uraian                           2025                  2024                  2023                       Description

                                                                                                                        Pharmaceutical Products, Esthetic,
Produk Farmasi, Esthetic, dan Jasa Maklon           2.752.919              1.911.772              690.970
                                                                                                                          and Toll Manufacturing Services

Produk Alat Kesehatan                                     7.503                9.040               11.098                     Medical Equipment Products

Jumlah                                              2.760.422              1.920.812              702.068                                                 Total




                                                                                                                        PT Pyridam Farma Tbk              29
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        Ikhtisar Kinerja                                Laporan Manajemen                   Profil Perusahaan                          Analisis dan Pembahasan Manajemen
    Performance Highlights                              Management Reports                  Company Profile                            Management Discussions and Analysis




Ikhtisar Kinerja Saham
Stock Performance Highlights


Perseroan mencatatkan saham di Bursa Efek Indonesia                                         The Company listed its shares on the Indonesia Stock Exchange
pada tanggal 16 Oktober 2001. Informasi terkait ikhtisar                                    on October 16, 2001. Information related to the summary of
perdagangan saham Perseroan selama 2 (dua) tahun terakhir                                   the Company’s stock trading over the last 2 (two) years is
diungkapkan sebagai berikut:                                                                presented as follows:

                                             Harga per Saham                                                          Jumlah Saham Tercatat
                                              Price per Share                          Volume Transaksi                                               Kapitalisasi Pasar
                                                                                                                         (Lembar Saham)
    Periode                                         (Rp)                                (Lembar Saham)                                                 (Miliar Rupiah)
                                                                                                                        Number of Listed
    Period                                                                            Transaction Volume                                             Market Capitalization
                         Tertinggi                  Terendah             Penutupan                                            Share
                                                                                            (Share)                                                    (Billion Rupiah)
                          Highest                    Lowest               Closing                                           (Shares)

                                                                                     2025
 Triwulan I
                              284                       136                   168             48.603.803                    11.236.680.000                   1.887,76
 Quarterly I
 Triwulan II
                              280                       140                   238             36.085.802                    11.236.680.000                   2.674,33
 Quarterly II
 Triwulan III
                              700                       218                   585             83.706.483                    11.236.680.000                   6.573,46
 Quarterly III
 Triwulan IV
                              665                       460                   476             55.882.392                    11.236.680.000                   5.348,66
 Quarterly IV
                                                                                     2024
 Triwulan I
                          1.545                         600                   820            127.199.500                          535.080.000                  438,77
 Quarterly I
 Triwulan II
                          1.170                          81                   110       4.025.944.700                       11.236.680.000                   1.236,03
 Quarterly II
 Triwulan III
                              274                        89                   246       6.228.880.000                       11.236.680.000                   2.764,22
 Quarterly III
 Triwulan IV
                              338                       200                   210       3.162.940.500                       11.236.680.000                   2.359,70
 Quarterly IV


Volume Transaksi                                                                                                                                         Harga Penutupan
Transaction Volume                                                                                                                                          Closing Price
(Lembar Saham / Share)                                                                                                                                                       (Rp)

         900.000.000                                                                                                                                           1.600

         800.000.000                                                                                                                                           1.400

         700.000.000
                                                                                                                                                               1.200

         600.000.000
                                                                                                                                                               1.000
         500.000.000
                                                                                                                                                               800
         400.000.000
                                                                                                                                                               600
         300.000.000

                                                                                                                                                               400
         200.000.000

         100.000.000                                                                                                                                           200


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                                     Volume Transaksi / Transaction Volume                               Harga Penutupan / Closing Price
                                     (Lembar Saham / Share)                                              (Rp)




   30          Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
Page 33
Tata Kelola Perusahaan yang Baik         Laporan Keberlanjutan
  Good Corporate Governance               Sustainability Report




Informasi Sanksi Perdagangan Saham dan Aksi Korporasi
Information on Stock Trading Sanctions and Corporate Actions


Informasi Sanksi Perdagangan Saham                                  Information on Stock Trading Sanction

Sepanjang tahun 2025, perdagangan saham Perseroan dengan            Throughout 2025, trading of the Company’s shares under
kode PYFA sempat mengalami penghentian sementara                    the ticker code PYFA experienced temporary suspension on
(suspension) di Bursa Efek Indonesia sebanyak 2 (dua) kali          the Indonesia Stock Exchange on 2 (two) occasions due to
sehubungan dengan terjadinya peningkatan harga kumulatif            a significant cumulative increase in share price. Information
yang signifikan. Informasi mengenai kronologi dan status            regarding the chronology and status of the temporary
penghentian sementara perdagangan saham Perseroan                   suspension of the Company’s share trading is presented
diuraikan sebagai berikut:                                          as follows:


                   No. Surat                   Tanggal Dihentikan         Tanggal Pembukaan Kembali                Status
                   Letter No.                   Suspension Date                Resumption Date                     Status

                                         24 Juli 2025                     25 Juli 2025                          Terselesaikan
 Peng-SPT-00134/BEI.WAS/07-2025
                                         July 24, 2025                    July 25, 2025                           Resolved

                                         12 Agustus 2025                  26 Agustus 2025                       Terselesaikan
 Peng-SPT-00151/BEI.WAS/08-2025
                                         August 12, 2025                  August 26, 2025                         Resolved



Selain itu, tidak terjadi pembatalan atau penghapusan               Other than that, there was no cancellation or delisting of
pencatatan saham (delisting) dari Bursa Efek Indonesia              the Company’s shares from the Indonesia Stock Exchange
terhadap Perseroan di sepanjang tahun 2025.                         throughout 2025.



Aksi Korporasi                                                      Corporation Actions

Perseroan melanjutkan strategi pendanaan melalui penerbitan         The Company continued its funding strategy through the
Obligasi Berkelanjutan II Pyridam Farma Tahap I Tahun 2025          issuance of Pyridam Farma Continuous Bonds II Phase
sebagai bagian dari upaya optimalisasi struktur permodalan          I Year 2025 as part of efforts to optimize its capital structure
serta pemenuhan kebutuhan pendanaan Perseroan. Penerbitan           and meet the Company’s financing requirements. The bond
obligasi tersebut dilaksanakan sesuai dengan ketentuan pasar        issuance was carried out in accordance with applicable capital
modal yang berlaku dan ditujukan untuk pelunasan Obligasi           market regulations and was intended for the repayment of
Berkelanjutan I Pyridam Farma Tahap II Tahun 2023 dan biaya         Pyridam Farma Continuous Bonds I Phase II Year 2023 and for
modal kerja operasional Perseroan.                                  the Company’s working capital needs.


Sepanjang tahun 2025, Perseroan juga mencatatkan adanya             Throughout 2025, the Company also recorded the conversion
pelaksanaan konversi waran menjadi saham Perseroan                  of warrants into Company shares throughout 2025, resulting
yang terjadi selama tahun 2025, sehingga mengakibatkan              in an increase in the number of issued and fully paid-up
peningkatan jumlah saham yang ditempatkan dan disetor               shares. The warrant conversion was conducted in relation to
penuh. Pelaksanaan konversi waran tersebut dilakukan                the Capital Increase with Pre-emptive Rights (PMHMETD), with
sehubungan dengan Penambahan Modal dengan Memberikan                the warrant exercise period running from October 25, 2024 to
Hak Memesan Efek Terlebih Dahulu (PMHMETD) dengan                   April 24, 2029, with a total of 178,359,499 Series I Warrants
periode pelaksanaan waran yang berlangsung sejak                    issued in connection with PMHMETD. The entire warrant
25 Oktober 2024 hingga 24 April 2029 dengan total Waran             conversion process was carried out in accordance with the
Seri I yang dikeluarkan sehubungan dengan PMHMETD sebesar           previously established terms and mechanisms, as well as
178.359.499 Waran Seri I. Seluruh proses konversi waran             applicable laws and regulations.
dilaksanakan sesuai dengan persyaratan dan mekanisme yang
telah ditetapkan sebelumnya, serta mengacu pada ketentuan
peraturan perundang-undangan yang berlaku.




                                                                                                   PT Pyridam Farma Tbk         31
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       Ikhtisar Kinerja               Laporan Manajemen                Profil Perusahaan            Analisis dan Pembahasan Manajemen
   Performance Highlights             Management Reports               Company Profile              Management Discussions and Analysis




Hingga akhir tahun 2025, jumlah saham Perseroan                        As of the end of 2025, the total number of the Company’s
mengalami perubahan menjadi 11.236.692.794 lembar saham                shares changed to 11,236,692,794 shares compared to
dibandingkan tahun sebelumnya sebanyak 11.236.681.881                  11,236,681,881 shares in the previous year. This corporate
lembar saham. Aksi korporasi ini tidak mengubah nilai nominal          action did not change the nominal value of the Company’s
saham Perseroan. Sementara itu, harga yang terbentuk di pasar          shares. Meanwhile, the market price is determined by
ditentukan oleh mekanisme permintaan dan penawaran yang                the prevailing demand and supply mechanism in the market.
berlaku umum di pasar.


Selain tindakan korporasi tersebut, sepanjang tahun 2025               Apart from the aforementioned corporate actions, throughout
Perseroan tidak melakukan aksi korporasi lainnya yang dapat            2025 the Company did not undertake any other corporate
memengaruhi struktur permodalan maupun kepemilikan                     actions that could affect the capital structure or share
saham, termasuk namun tidak terbatas pada penggabungan                 ownership, including but not limited to reverse stock split,
saham (reverse stock split), pemecahan saham (stock split),            stock split, bonus share distribution, capital reduction, or
pembagian saham bonus, pengurangan modal, maupun                       the issuance of equity securities or other conversions.
penerbitan efek bersifat ekuitas atau konversi lainnya.




Peristiwa Penting
Significant Events


    18 Januari 2025 / January 18, 2025

                                                                       Gerakan Sejuta Vitamin di Bone, Sulawesi Selatan
                                                                       One Million Vitamin Movement in Bone, South
                                                                       Sulawesi
                                                                       Perseroan bersama Organisasi Dharmayana, Universitas
                                                                       Tarumanegara berkolaborasi dalam Metta Day untuk membagikan
                                                                       ratusan vitamin di Kabupaten Bone, Sulawesi Selatan.
                                                                       The Company, in collaboration with the Dharmayana
                                                                       Organization and Universitas Tarumanagara, participated in
                                                                       Metta Day by distributing hundreds of vitamins in Bone Regency,
                                                                       South Sulawesi.




    18-20 Februari 2025 / February 18-20, 2025


Sedex Members Ethical Trade Audit (SMETA)
di Probiotec Pty Ltd oleh Intertek Australia
Sedex Members Ethical Trade Audit (SMETA) at
Probiotec Pty Ltd conducted by Intertek Australia
Audit SMETA telah dilaksanakan di Probiotec Pty Ltd
yang mencakup sebagian atau seluruh aspek Standar
Ketenagakerjaan, K3, Lingkungan, serta Etika Bisnis.
A SMETA audit was conducted at Probiotec Pty Ltd, covering
part or all aspects of Labor Standards, Occupational Health and
Safety (OHS), Environment, and Business Ethics.




   32      Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
Page 35
Tata Kelola Perusahaan yang Baik         Laporan Keberlanjutan
  Good Corporate Governance               Sustainability Report




    20 Februari 2025 / February 20, 2025

                                                                  Edisi ke-2 Bali Hospital Exhibition: Pembelajaran
                                                                  dan Penyegaran bagi Apoteker
                                                                  2nd Edition Bali Hospital Exhibition Pharmacist
                                                                  Learning & Refreshment
                                                                  Perseroan berpartisipasi dalam acara tahunan Himpunan
                                                                  Seminat Farmasi Rumah Sakit Indonesia (“HISFARSI”) dan
                                                                  Pengurus Daerah Ikatan Apoteker Indonesia (“PD IAI”) Bali, yaitu
                                                                  Seminar Ilmiah dan Workshop dalam Kegiatan Bali Hospital
                                                                  Exhibition Pharmacist Learning & Refreshment (BOOSTER)
                                                                  2nd Edition. Perseroan turut mendukung upaya peningkatan
                                                                  pengetahuan dan kompetensi di bidang kefarmasian serta
                                                                  pengelolaan perbekalan farmasi dan alat kesehatan.
                                                                  The Company participated in the annual event organized by the
                                                                  Indonesian Hospital Pharmacy Association (“HISFARSI”) and the
                                                                  Bali Regional Board of the Indonesian Pharmacists Association
                                                                  (“PD IAI” Bali), namely a Scientific Seminar and Workshop held
                                                                  as part of the Bali Hospital Exhibition Pharmacist Learning &
                                                                  Refreshment (BOOSTER) 2nd Edition. Through this participation,
                                                                  the Company supported efforts to increase knowledge and
                                                                  competencies in the pharmaceutical field as well as in the
                                                                  management of pharmaceutical supplies and medical devices.



    7 Maret 2025 / March 7, 2025

Gerakan Sejuta Vitamin Untuk Korban Banjir
Jabodetabek
One Million Vitamin Movement for Greater
Jakarta Flood Victims
Perseroan menyalurkan bantuan ribuan vitamin kepada
korban terdampak banjir Jabodetabek melalui Badan Nasional
Penanggulangan Bencana (“BNPB”).
The Company distributed thousands of vitamins to communities
affected by flooding in the Greater Jakarta area through the
National Disaster Management Agency (“BNPB”).




    13 Maret 2025 / March 13, 2025

                                                                  Launching Produk Inovasi untuk
                                                                  Bayi Prematur
                                                                  Launch of an Innovative Product for
                                                                  Premature Infants
                                                                  Perseroan melalui Entitas Anak, Ethica, meluncurkan produk
                                                                  Capneu Caffeine Citrat untuk mengatasi henti napas (apnea)
                                                                  primer pada bayi prematur.
                                                                  Through its Subsidiary, Ethica, the Company launched Capneu
                                                                  Caffeine Citrate, an innovative product intended to treat primary
                                                                  apnea in premature infants.




                                                                                                 PT Pyridam Farma Tbk        33
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       Ikhtisar Kinerja               Laporan Manajemen                Profil Perusahaan             Analisis dan Pembahasan Manajemen
   Performance Highlights             Management Reports               Company Profile               Management Discussions and Analysis




    23 April 2025 / April 23, 2025

Relaunching Produk Inovasi untuk
Ibu Hamil dan Masyarakat Aktif
Relaunching of Innovative Products for
Pregnant Women and Active Communities
Perseroan melalui unit bisnis Pyfahealth kembali meluncurkan
Produk Formom dan Ferospat untuk mendukung generasi
sehat lewat inovasi suplemen bagi wanita aktif, ibu hamil, dan
menyusui.
Through its Pyfahealth business unit, the Company relaunched
the Formom and Ferospat products to support a healthy
generation through innovative supplements for active women,
pregnant women, and breastfeeding mothers.




   8 Mei 2025 / May 8, 2025

                                                                       Pyfaesthetic Cadaver Training Italy
                                                                       Perseroan melalui unit bisnis Pyfaesthetic mengadakan
                                                                       Cadaver Training di Italia bekerja sama dengan strategic partner
                                                                       Love Cosmedical.
                                                                       Perseroan melalui unit bisnis Pyfaesthetic mengadakan
                                                                       Cadaver Training di Italia bekerja sama dengan strategic partner
                                                                       Love Cosmedical.




    21 Mei 2025 / May 21, 2025


                                                                       Perjanjian Kerja Sama dengan Lloyd Pharma
                                                                       Cooperation Agreement with Lloyd Pharma
                                                                       Perseroan melakukan signing agreement bersama PT Lloyd
                                                                       Pharma Indonesia dalam hal komersial toll manufacturing.
                                                                       The Company signed a cooperation agreement with PT Lloyd
                                                                       Pharma Indonesia regarding commercial toll manufacturing.




  34       Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
Page 37
Tata Kelola Perusahaan yang Baik           Laporan Keberlanjutan
  Good Corporate Governance                 Sustainability Report




    22 Mei 2025 / May 22, 2025

PT Pyridam Farma Tbk Meraih
Asian Legal Business Award
PT Pyridam Farma Tbk Received
the Asian Legal Business Award
Perseroan melalui Divisi Legal dan Corporate Secretary meraih
Healthcare & Pharmaceutical in-House Team of the Year dalam
21st Annual Asian Legal Business South East Asia Law Award
di Singapura.
The Company, through its Legal and Corporate Secretary
Division, received the Healthcare & Pharmaceutical In-House
Team of the Year award at the 21st Annual Asian Legal Business
South East Asia Law Awards held in Singapore.




    18 Juni 2025 / June 18, 2025

                                                                    Rapat Umum Pemegang Saham (RUPS) Tahunan
                                                                    Annual General Meeting of Shareholders (AGMS)
                                                                    RUPS Tahunan untuk membahas laporan dan keputusan terkait
                                                                    tahun buku 2024.
                                                                    The Annual General Meeting of Shareholders was held to
                                                                    discuss reports and resolutions related to the 2024 financial
                                                                    year.




    25 Juni 2025 / June 25, 2025

                                                                    HISFARSI 2025
                                                                    Perseroan berpartisipasi dalam Pameran HISFARSI 2025
                                                                    di Jakarta.
                                                                    The Company participated in the HISFARSI 2025 Exhibition held
                                                                    in Jakarta.




                                                                                                 PT Pyridam Farma Tbk      35
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       Ikhtisar Kinerja               Laporan Manajemen                Profil Perusahaan             Analisis dan Pembahasan Manajemen
   Performance Highlights             Management Reports               Company Profile               Management Discussions and Analysis




    2 Agustus 2025 / August 2, 2025

1st Pyfaesthetic Summit
Perseroan melalui unit bisnis Pyfaesthetic untuk pertama
kalinya menyelenggarakan Pyfaesthetic Summit, sebuah
seminar ilmiah berskala internasional yang dihadiri oleh lebih
dari 70 (tujuh puluh) dokter spesialis dermatologi dan estetika.
Through its Pyfaesthetic business unit, the Company held
the Pyfaesthetic Summit for the first time, an international-
scale scientific seminar attended by more than 70 (seventy)
dermatology and aesthetic specialists.




    11 Agustus 2025 / August 11, 2025

                                                                       Strategic Partnership dengan Genewel Co., Ltd.
                                                                       Strategic Partnership with Genewel Co., Ltd.
                                                                       Perseroan resmi menjalin kemitraan bersama Genewal Co., Ltd.
                                                                       dalam hal hak eksklusif sebagai distributor untuk produk
                                                                       unggulan Genewel, termasuk Medifoam, Welpass, dan
                                                                       Guardix-SG di Indonesia dan negara-negara di Asia Tenggara.
                                                                       The Company officially entered into a partnership with Genewal
                                                                       Co., Ltd., granting the Company exclusive distribution rights for
                                                                       Genewel’s flagship products, including Medifoam, Welpass, and
                                                                       Guardix-SG in Indonesia and other Southeast Asian countries.




    24 Agustus 2025 / August 24, 2025


                                                                       Pyfaton
                                                                       Perayaan ulang tahun pertama PYFA Group sebagai bentuk
                                                                       branding yang merepresentasikan PT Pyridam Farma Tbk beserta
                                                                       Entitas Anaknya diselenggarakan melalui kegiatan Fun Run dan
                                                                       Gerakan Sejuta Vitamin, sekaligus peluncuran logo baru PYFA.
                                                                       The first anniversary celebration of PYFA Group, as
                                                                       a branding initiative representing PT Pyridam Farma Tbk and its
                                                                       Subsidiaries, was held through a Fun Run and the One Million
                                                                       Vitamins Movement, alongside the launch of PYFA’s new logo.




  36       Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
Page 39
Tata Kelola Perusahaan yang Baik           Laporan Keberlanjutan
  Good Corporate Governance                 Sustainability Report




    21 September 2025 / September 21, 2025

                                                                    Probiotec Pty Ltd Raih TGA License dan AIHCO
                                                                    Probiotec Pty Ltd Obtained TGA License and
                                                                    AIHCO Certification
                                                                    Pabrik baru Probiotec Pty Ltd di Kemps Creek telah beroperasi
                                                                    dan telah mengantongi Sertifikat Therapeutic Goods
                                                                    Administration (“TGA”) dari regulator kesehatan Australia serta
                                                                    Sertifikat Halal dari Australian International Halal Certification
                                                                    Organisation (“AIHCO”).
                                                                    The new factory of Probiotec Pty Ltd in Kemps Creek has
                                                                    commenced operations and has obtained a Therapeutic Goods
                                                                    Administration (“TGA”) Certificate from Australia’s health
                                                                    regulator as well as Halal Certification from the Australian
                                                                    International Halal Certification Organisation (“AIHCO”).




    23 September 2025 / September 23, 2025

                                                                    Perseroan Meraih SWA Award
                                                                    The Company Received the SWA Award
                                                                    Perseroan melalui Departemen Corporate Communications
                                                                    meraih Penghargaan Indonesia Most Reputable Companies
                                                                    Champion 2025 dengan predikat Very Good dari majalah SWA.
                                                                    Through its Corporate Communications Department, the
                                                                    Company received the Indonesia Most Reputable Companies
                                                                    Champion 2025 award with a Very Good predicate from SWA
                                                                    magazine.




    25 September 2025 / September 25, 2025

Pertemuan Ilmiah Tahunan ke-48 Perhimpunan
Urologi Indonesia
48th Annual Scientific Meeting of
Indonesia Urological Association
Perseroan berpartisipasi dalam acara 48th Annual Scientific
Meeting of Indonesia Urological Association. Acara ini sebagai
platform utama untuk berbagi pengetahuan, presentasi
penelitian, dan penerapan teknologi baru, canggih, dan robotik
dalam praktik bedah.
The Company participated in the 48th Annual Scientific Meeting
of the Indonesia Urological Association. The event served as
a key platform for knowledge sharing, research presentations,
and the application of new, advanced, and robotic technologies
in surgical practice.




                                                                                                    PT Pyridam Farma Tbk        37
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    Ikhtisar Kinerja               Laporan Manajemen                Profil Perusahaan            Analisis dan Pembahasan Manajemen
Performance Highlights             Management Reports               Company Profile              Management Discussions and Analysis




16 November 2025 / November 16, 2025


                                                                    Probiotec Pty Ltd Raih TGA License dan AIHCO
                                                                    Probiotec Pty Ltd Obtained TGA License and
                                                                    AIHCO Certification
                                                                    Perseroan, melalui Entitas Anak Probiotec Pty Ltd, meresmikan
                                                                    pabrik baru, yakni Probiotec Multipack di Kemps Creek,
                                                                    New South Wales, Australia. Pabrik tersebut telah mendapatkan
                                                                    Sertifikat TGA dari regulator kesehatan Australia serta
                                                                    Sertifikat AIHCO.
                                                                    The Company, through its Subsidiary Probiotec Pty Ltd,
                                                                    inaugurated a new factory, Probiotec Multipack, located in
                                                                    Kemps Creek, New South Wales, Australia. The factory has
                                                                    obtained a TGA Certificate from Australia’s health regulator as
                                                                    well as AIHCO Certification.



21 November 2025 / November 21, 2025


                                                                    Pelaksanaan Rapat Umum Pemegang Obligasi
                                                                    (“RUPO”).
                                                                    Implementation of the General Meeting of
                                                                    Bondholders (“RUPO”).
                                                                    Perseroan telah melaksanakan Rapat Umum Pemegang
                                                                    Obligasi pada tanggal 21 November 2025 sehubungan dengan
                                                                    Obligasi Berkelanjutan I Pyridam Farma Tahap III tahun 2024.
                                                                    The Company held a General Meeting of Bondholders on
                                                                    November 21, 2025 in relation to the Pyridam Farma Phase III
                                                                    Continuous Bonds I Year 2024.




38      Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
Page 41
Tata Kelola Perusahaan yang Baik         Laporan Keberlanjutan
  Good Corporate Governance               Sustainability Report




    5 Desember 2025 / December 5, 2025

Gerakan Sejuta Vitamin Korban Banjir Sumatra
One Million Vitamin Movement for Flood Victims
in Sumatra
Perseroan menyalurkan bantuan melalui Gerakan Sejuta Vitamin
untuk korban terdampak bencana banjir di Sumatra bekerja
sama dengan Kementerian Kesehatan, Palang Merah Indonesia
(“PMI”), dan Badan Pengawas Obat dan Makanan (“BPOM”).
The Company distributed assistance through the One Million
Vitamin Movement for communities affected by flooding
in Sumatra in collaboration with the Ministry of Health,
the Indonesian Red Cross (“PMI”), and the Indonesian Food
and Drug Authority Control (“BPOM”).




    5 Desember 2025 / December 5, 2025

                                                                  Fasilitas Probiotec Multipack Kemps Creek Raih
                                                                  NABERS Embodied Carbon Rating
                                                                  Probiotec Multipack Facility at Kemps Creek
                                                                  Achieves NABERS Embodied Carbon Rating
                                                                  Perseroan memperkuat posisi dalam peta investasi
                                                                  berkelanjutan global melalui Entitas Anak di Australia,
                                                                  Probiotec Pty Ltd. Fasilitas operasional Probiotec Multipack
                                                                  yang berlokasi di Kemps Creek menjadi salah satu fasilitas
                                                                  industri pertama di Australia yang berhasil meraih NABERS
                                                                  Embodied Carbon Rating. Sertifikasi ini merupakan standar
                                                                  baru yang mengukur efisiensi emisi karbon sejak tahap
                                                                  konstruksi bangunan, menegaskan komitmen Perseroan
                                                                  terhadap infrastruktur operasional yang ramah lingkungan dan
                                                                  berkelanjutan.
                                                                  The Company is strengthening its position in the global
                                                                  sustainable investment landscape through its Australian
                                                                  Subsidiary, Probiotec Pty Ltd. The Probiotec Multipack
                                                                  operational facility located in Kemps Creek is one of the
                                                                  first industrial facilities in Australia to achieve the NABERS
                                                                  Embodied Carbon Rating. This certification, a new standard
                                                                  that measures carbon emission efficiency from the
                                                                  construction stage, underscores the Company's commitment
                                                                  to environmentally friendly and sustainable operational
                                                                  infrastructure.




                                                                                                PT Pyridam Farma Tbk      39
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       Ikhtisar Kinerja               Laporan Manajemen                 Profil Perusahaan               Analisis dan Pembahasan Manajemen
   Performance Highlights             Management Reports                Company Profile                 Management Discussions and Analysis




Penghargaan dan Sertifikasi
Awards and Certifications


Penghargaan dan sertifikasi yang diperoleh             Perseroan         Awards and certifications received by the Company throughout
sepanjang tahun 2025 diuraikan sebagai berikut:                          2025 are presented as follows:



  Penghargaan
  Awards

                                                                                                  (Per 31 Desember 2025 / As of December 31, 2025)




       Healthcare & Pharmaceutical In-House Team of                                          Indonesia Most Reputable
                 the Year -Pharmaceutical                                                   Companies Champion 2025


                       Penerima / Recipient:                                                  Penerima / Recipient:
                     Perseroan / The Company                                                Perseroan / The Company
                  Penyelenggara / Organizer:                                                Penyelenggara / Organizer:
              Asian legal Business South East Asia                                               SWA Indonesia




  Sertifikat
  Certifications

                                                                                                 (Per 31 Desember 2025 / As of December 31, 2025)

         No. Sertifikat                                     Bentuk Sediaan                                     Masa Berlaku
       Certificate Number                                  Preparation Form                                    Validity Period

 Cara Pembuatan Obat yang Baik (CPOB)
 Good Manufacturing Practices

                                  Tablet Efferverscent Non-Betalaktam                            25 September 2023 – 24 September 2028
 PW-S.01.04.1.3.331.07.23-0095
                                  Non-Betalactam Efferverscent Tablet                            September 25, 2023 – September 24, 2028

                                  Tablet dan Tablet Salut Non-Betalaktam                         29 Juni 2023 – 28 Juni 2028
 PW-S.01.04.1.3.331.07.23-0093
                                  Non-Betalactam Tablet and Coated Tablet                        June 29, 2023 – June 28, 2028

                                  Kapsul Keras Non-Betalaktam                                    29 Juni 2023 – 28 Juni 2028
 PW-S.01.04.1.3.331.07.23-0094
                                  Non-Betalactam Hard Capsule                                    June 29, 2023 – June 28, 2028

                                  Semisolid Non-Betalaktam                                       29 Juni 2023 – 28 Juni 2028
 PW-S.01.04.1.3.331.06.23-0090
                                  Non-Betalactam Semisolid                                       June 29, 2023 – June 28, 2028




  40       Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
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Tata Kelola Perusahaan yang Baik                      Laporan Keberlanjutan
  Good Corporate Governance                            Sustainability Report




                                                                                                              (Per 31 Desember 2025 / As of December 31, 2025)

         No. Sertifikat                                           Bentuk Sediaan                                              Masa Berlaku
       Certificate Number                                        Preparation Form                                             Validity Period

                                          Tablet Antibiotik Penisilin dan turunannya                          29 Juni 2023 – 28 Juni 2028
 PW-S.01.04.1.3.331.06.23-0091
                                          Penicilin Antibiotic Tablet and its derivatives                     June 29, 2023 – June 28, 2028

                                          Serbuk Oral Antibiotik Penisilin dan turunannya                     29 Juni 2023 – 28 Juni 2028
 PW-S.01.04.1.3.331.06.23-0092
                                          Penicilin Antibiotic Oral Powder and its derivatives                June 29, 2023 – June 28, 2028

                                          Cairan Oral Non-Betalaktam                                          29 Juni 2023 – 28 Juni 2028
 PW-S.01.04.1.3.331.06.23-0089
                                          Non-Betalactam Oral Liquid                                          June 29, 2023 – June 28, 2028

                                          Tablet Efferverscent                                                31 Desember 2024 – 30 Desember 2029
 PW-S.02.01.1.43.431.12.24-0147
                                          Efferverscent Tablet                                                December 31, 2024 – December 30, 2029

                                          Kapsul Keras Antibiotik Sefalosporin dan Turunannya                 13 Oktober 2025 – 12 Oktober 2030
 PW-S.01.04.1.3.331.10.25-0245
                                          Cephalosporin Antibiotic Hard Capsules and Their Derivatives        October 13, 2025 – October 12, 2030

                                          Serbuk Oral Antibiotik Sefalosporin dan Turunannya                  13 Oktober 2025 – 12 Oktober 2030
 PW-S.01.04.1.3.331.10.25-0244
                                          Cephalosporin Antibiotic Oral Powder and Its Derivatives            October 13, 2025 – October 12, 2030

                                          Serbuk Oral Non-Betalaktam                                          13 Oktober 2025 – 12 Oktober 2030
 PW-S.01.04.1.3.331.10.25-0246
                                          Non-Betalactam Oral Powder                                          October 13, 2025 – October 12, 2030

 Cara Pembuatan Obat Tradisional yang Baik (CPOTB)
 Good Traditional Medicine Manufacturing Practices

                                          Tablet Efferverscent                                                31 Desember 2024 – 30 Desember 2029
 PW-S.02.01.1.43.431.12.24-0147
                                          Efferverscent Tablet                                                December 31, 2024 – December 30, 2029

                                          Cairan Obat Dalam                                                   27 Mei 2030
 PW-S.02.01.1.43.431.05.25-0063
                                          Oral Liquid Medicine                                                May 27, 2030

                                          Kapsul                                                              27 Mei 2030
 PW-S.02.01.1.43.431.05.25-0064
                                          Capsules                                                            May 27, 2030

                                          Tablet                                                              27 Mei 2030
 PW-S.02.01.1.43.431.05.25-0061
                                          Tablets                                                             May 27, 2030

                                          Tablet Salut                                                        27 Mei 2030
 PW-S.02.01.1.43.431.05.25-0062
                                          Film-Coated Tablets                                                 May 27, 2030




     No. Sertifikat                                         Produk                                    Jenis Produk                   Masa Berlaku
   Certificate Number                                      Products                                   Product Types                  Validity Period

Sertifikasi Halal
Halal Certification

ID00410000394850622,               • Ferospat Efferverscent        • Ketocid                     Suplemen Kesehatan             1 September 2022 –
tanggal 10 Maret 2022              • Osteor                        • Kidimun Sirup               Health Supplement              1 September 2026
ID00410000394850622,               • Osteor Plus                     Kidimun Syrup                                              September 1, 2022 –
dated March 10, 2022               • Osteor Plus Tablet            • Natabion Kapsul                                            September 1, 2026
                                     Efferverscent                   Natabion Capsule
                                   • Caltrax                       • Nession 300 Kapsul
                                   • Caltron                         Nession 300 Capsule
                                   • Cataro                        • Original E Kapsul
                                                                     Original E Capsule
                                                                   • Vinerton Kapsul
                                                                     Vinerton Capsule
                                                                   • Sangovitin Kapsul
                                                                     Sangovitin Capsule
ID00410000265310222                •   Arkine                      •   Datan Forte               Obat Keras Dikecualikan        31 Maret 2022 –
                                   •   Blocand 8                   •   Mefenamic Acid            Narkotika dan Psikotropika     31 Maret 2026
                                   •   Blocand 16                  •   Neuraxon 5000             Potent Drugs Excluded          March 31, 2022 –
                                   •   Epsonal                     •   Prednox 4                 from Narcotics and             March 31, 2026
                                   •   Levazide                    •   Prednox 8                 Psychotropic Substance
                                   •   Osteor C                    •   Prednox 16                Categories




                                                                                                                      PT Pyridam Farma Tbk             41
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       Ikhtisar Kinerja                    Laporan Manajemen                   Profil Perusahaan                  Analisis dan Pembahasan Manajemen
   Performance Highlights                  Management Reports                  Company Profile                    Management Discussions and Analysis




  Sertifikasi Probiotec Pty Ltd
  Probiotec Pty Ltd Certification

          No. Sertifikat                Jenis Sertifikasi                      Penerima                                 Masa Berlaku
        Certificate Number            Type of Certification                    Recipient                                Validity Period

 Good Manufacturing Practice
                                                                                                          revised 6 November 2024
 MI-25112004-LI-000229-1            GMP Licence                    Probiotec Pharma Pty Limited
                                                                                                          revised November 6, 2024
                                                                                                          13 November 2024 – 23 Februari 2027
 MI-2024-LI-13512-1                 GMP Certificate                Probiotec Pharma Pty Limited
                                                                                                          November 13, 2024 – February 23, 2027
                                                                                                          revised 1 Agustus 2025
 MI-2023-LI-08741-1                 GMP Licence                    Probiotec Multipack Pty Ltd
                                                                                                          revised August 1, 2025
                                                                                                          8 September 2025 – 4 April 2028
 MI-2025-LI-08513-1                 Domestic GMP Certificate       Probiotec Multipack Pty Ltd
                                                                                                          September 8, 2025 – April 4, 2028
                                                                                                          30 Juli 2025 – 30 Juli 2028
 AU25 00000160                      CODEX HACCP and GMP            Probiotec Multipack Pty Ltd
                                                                                                          July 30, 2025 – July 30, 2028
 Australian Pesticides and Veterinary Medicines Authority (“APVMA”)
                                                                                                          revised 13 Juli 2022
 2268                               APVMA Licence                  Probiotec Pharma Pty Limited
                                                                                                          revised July 13, 2022
 ISO Certification
                                                                                                          28 Juli 2025 – 27 Agustus 2027
 AU24 00000157                      ISO 9001:2015                  Probiotec Multipack Pty Ltd
                                                                                                          July 28, 2025 – August 27, 2027
 Sertifikasi Halal
 Halal Certification
                                                                                                          30 September 2025 – 30 September 2026
 402                                AIHCO Halal Certificate        Probiotec Multipack Pty Ltd
                                                                                                          September 30, 2025 – September 30, 2026

Catatan : Lisensi GMP dan APVMA yang diterbitkan di Australia tidak memiliki masa berlaku tertentu. Tanggal “revised” mengacu pada hasil audit ulang
          (re-audit) oleh regulator, sehingga lisensi tetap berlaku secara berkelanjutan sepanjang memenuhi ketentuan dan pengawasan yang berlaku.
Note    : GMP and APVMA licenses issued in Australia do not have a specified validity period. The “revised” date refers to the outcome of a re-audit
          conducted by the regulator, and the licenses remain valid on an ongoing basis as long as applicable requirements and supervision are fulfilled.




Keanggotaan Asosiasi [POJK C.5] [GRI 2-28]
Association Membership

                                                                                                           (Per 31 Desember 2025 / As of December 31, 2025)




              Asosiasi Emiten                            Gabungan Perusahaan Farmasi                        GAKESLAB Indonesia (Perkumpulan
             Indonesia (“AEI”)                                Indonesia (“GPFI”)                              Organisasi Perusahaan Alat-Alat
                                                                                                           Kesehatan dan Laboratorium Indonesia)
      Indonesian Public Listed                             Indonesian Pharmaceutical                        Association of Medical Devices and
    Companies Association (“AEI”)                        Companies Association (“GPFI”)                      Laboratory Companies Indonesia

     Skala Asosiasi / Association Scale:                  Skala Asosiasi / Association Scale:                  Skala Asosiasi / Association Scale:
            Nasional / National                                  Nasional / National                                  Nasional / National

              Posisi / Position:                                   Posisi / Position:                                    Posisi / Position:
             Anggota / Member                                     Anggota / Member                                      Anggota / Member




   42       Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
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Tata Kelola Perusahaan yang Baik                     Laporan Keberlanjutan
  Good Corporate Governance                           Sustainability Report




                                                                                                             (Per 31 Desember 2025 / As of December 31, 2025)




    Asosiasi Pengusaha Suplemen                          Perhimpunan Perusahaan Kosmetik                         Asosiasi Sekretaris Perusahaan
        Kesehatan Indonesia                                Indonesia PENGDA Jakarta Raya                               Indonesia ("ICSA")
              (“APSKI”)                                          (“PERKOSMI JAYA”)
    Indonesian Health Supplement                          Indonesian Cosmetics Companies                          Indonesia Corporate Secretary
 Entrepreneurs Association (“APSKI”)                    Association, Greater Jakarta Regional                         Association (“ICSA”)
                                                              Board (“PERKOSMI JAYA”)

     Skala Asosiasi / Association Scale:                     Skala Asosiasi / Association Scale:                  Skala Asosiasi / Association Scale:
            Nasional / National                                          Regional                                        Nasional / National

               Posisi / Position:                                      Posisi / Position:                                  Posisi / Position:
              Anggota / Member                                        Anggota / Member                                    Anggota / Member




                              Himpunan Pengembangan Ekosistem                       Kamar Dagang dan Industri Indonesia
                              Alat Kesehatan Indonesia (“HIPELKI”)                               (“KADIN”)
                             Indonesian Medical Device Ecosystem                     Indonesian Chamber of Commerce
                             Development Association (“HIPELKI”)                          and Industry (“KADIN”)

                                   Skala Asosiasi / Association Scale:                  Skala Asosiasi / Association Scale:
                                          Nasional / National                                  Nasional / National

                                            Posisi / Position:                                   Posisi / Position:
                                           Anggota / Member                                     Anggota / Member




                                                                                                                      PT Pyridam Farma Tbk            43
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02
44   Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
Page 47
LAPORAN MANAJEMEN
        Management Reports


              PT Pyridam Farma Tbk   45
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       Ikhtisar Kinerja               Laporan Manajemen                Profil Perusahaan            Analisis dan Pembahasan Manajemen
   Performance Highlights             Management Reports               Company Profile              Management Discussions and Analysis




         Laporan
         Dewan Komisaris
         Board of Commissioners Report


Pemegang Saham dan Pemangku Kepentingan yang Terhormat,
Dear Esteemed Shareholders and Stakeholders,

Puji dan syukur kami panjatkan kepada Tuhan Yang Maha                  We would like to extend our gratitude to Almighty God for
Esa atas rahmat dan karunia-Nya sehingga Perseroan dapat               His blessings and grace, which have enabled the Company
melalui tahun buku 2025 dengan kinerja yang tetap terjaga di           to navigate the 2025 financial year while maintaining its
tengah dinamika perekonomian global dan nasional. Tahun                performance amid global and domestic economic dynamics.
2025 ditandai oleh perkembangan lingkungan usaha yang                  The year 2025 was marked by an increasingly dynamic business
semakin dinamis, dipengaruhi oleh ketidakpastian ekonomi               environment, influenced by global economic uncertainties,
global, fluktuasi harga bahan baku, serta perkembangan                 fluctuations in raw material prices, as well as regulatory
regulasi di sektor kesehatan dan farmasi. Di sisi lain,                developments in the healthcare and pharmaceutical sectors.
meningkatnya kesadaran masyarakat terhadap pentingnya                  On the other hand, rising public awareness of the importance
kesehatan, perluasan akses terhadap layanan kesehatan, serta           of health, expanded access to healthcare services, and various
berbagai kebijakan pemerintah yang mendorong penguatan                 government policies aimed at strengthening the independence
kemandirian industri farmasi nasional turut memberikan                 of the national pharmaceutical industry have also supported the
dukungan bagi pertumbuhan industri kesehatan di Indonesia.             growth of the healthcare sector in Indonesia.


Dalam menghadapi kondisi tersebut, Dewan Komisaris                     In response to these conditions, the Board of Commissioners
memandang bahwa Direksi telah menjalankan berbagai                     believes that the Board of Directors has undertaken a number
langkah strategis untuk menjaga kesinambungan pertumbuhan              of different strategic measures to sustain business growth,
usaha melalui penguatan portofolio produk, peningkatan                 including strengthening the product portfolio, improving
sinergi antar entitas dalam grup, serta penguatan kapabilitas          synergies among entities within the group, and improving
dan efisiensi operasional. Hasil pengawasan tersebut kami              operational capabilities and efficiency. The results of our
sampaikan sebagai berikut.                                             supervisory function are presented as follows.




  46       Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
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Tata Kelola Perusahaan yang Baik          Laporan Keberlanjutan
  Good Corporate Governance                Sustainability Report




                Robby Yulianto
                Komisaris Utama
                President Commissioner




Penilaian terhadap Kinerja Direksi                                 Performance Evaluation of
                                                                   the Board of Directors

Kondisi perekonomian global sepanjang tahun 2025 masih             Global economic conditions throughout 2025 continued to
diwarnai oleh dinamika yang cukup kompleks, dipengaruhi oleh       be characterized by considerable complexity, influenced by
ketidakpastian geopolitik, volatilitas pasar keuangan, serta       geopolitical uncertainties, financial market volatility, and
penyesuaian kebijakan moneter di berbagai negara. Meskipun         adjustments in monetary policies across a number of countries.
demikian, aktivitas ekonomi global tetap menunjukkan               Nevertheless, global economic activity remained stable, with
stabilitas dengan pertumbuhan yang relatif sejalan dengan          growth relatively in line with the previous year. At the national
tahun sebelumnya. Di tingkat nasional, perekonomian                level, Indonesia’s economy also demonstrated solid resilience,
Indonesia juga menunjukkan ketahanan yang baik dengan              with macroeconomic stability well maintained, supported by
stabilitas makroekonomi yang tetap terjaga, didukung oleh          domestic consumption, increased investment, and consistent
konsumsi domestik, peningkatan investasi, serta sinergi            fiscal and monetary policy synergy. These conditions provided
kebijakan fiskal dan moneter yang konsisten. Kondisi tersebut      room for the healthcare and pharmaceutical sectors to continue
memberikan ruang bagi sektor kesehatan dan farmasi untuk           growing, in line with rising public awareness of health and
terus berkembang, seiring dengan meningkatnya kesadaran            government policies aimed at strengthening the independence
masyarakat terhadap kesehatan serta kebijakan pemerintah           of the national pharmaceutical industry, including the
yang mendorong penguatan kemandirian industri farmasi              development of domestic Raw Materials for Medicines (“BBO”).
nasional, termasuk pengembangan produksi Bahan Baku Obat
(“BBO”) dalam negeri.




                                                                                                  PT Pyridam Farma Tbk        47
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       Ikhtisar Kinerja               Laporan Manajemen                Profil Perusahaan              Analisis dan Pembahasan Manajemen
   Performance Highlights             Management Reports               Company Profile                Management Discussions and Analysis




Di tengah perkembangan tersebut, Dewan Komisaris                       Amid these developments, the Board of Commissioners
mencermati berbagai tantangan eksternal yang dihadapi                  observed a number of external challenges faced by the
Perseroan sepanjang tahun 2025. Fluktuasi harga bahan                  Company throughout 2025. Fluctuations in pharmaceutical raw
baku farmasi yang masih bergantung pada impor, dinamika                material prices, which still largely depend on imports, global
rantai pasok global, serta intensitas persaingan yang tinggi           supply chain dynamics, and intense competition in the generic
pada segmen obat generik menjadi faktor yang memengaruhi               drugs segment have affected the industry’s cost structure
struktur biaya dan tingkat margin industri. Selain itu, proses         and margin levels. In addition, stringent product registration
registrasi produk yang ketat, tuntutan peningkatan standar             processes, increasing requirements for drug safety standards,
keamanan obat, serta kebutuhan untuk memastikan integritas             and the need to ensure the integrity of the distribution chain have
rantai distribusi menjadi perhatian penting dalam menjaga              become important considerations in maintaining public trust in
kepercayaan masyarakat terhadap produk farmasi. Dari sisi              pharmaceutical products. From an environmental perspective,
lingkungan, meningkatnya tuntutan terhadap pengelolaan                 growing demands related to production waste management,
limbah produksi, efisiensi energi, serta penerapan praktik ESG         energy efficiency, and the implementation of ESG practices
juga menjadi faktor yang perlu dikelola secara cermat guna             have also become key factors that must be carefully managed
memastikan keberlanjutan operasional Perseroan.                        to ensure the sustainability of the Company’s operations.



Memperhatikan kondisi tersebut, Dewan Komisaris menilai                Taking these conditions into account, the Board of
bahwa Direksi telah menjalankan pengelolaan Perseroan secara           Commissioners assesses that the Board of Directors has
efektif dan responsif terhadap dinamika dan peluang industri           managed the Company effectively and responsively in
yang berkembang. Berbagai langkah strategis yang dilakukan,            addressing industry dynamics and emerging opportunities.
termasuk penguatan portofolio produk, peningkatan sinergi              A number of different strategic initiatives undertaken, including
antar entitas dalam grup, pengembangan inovasi produk, serta           strengthening the product portfolio, improving synergies
perluasan basis pengguna, dinilai telah mendukung upaya                among entities within the group, developing product innovation,
Perseroan dalam menjaga daya saing dan memperkuat posisi di            and expanding the user base, are considered to have supported
industri farmasi. Dari sisi kinerja keuangan, Perseroan mampu          the Company’s efforts in maintaining competitiveness and
mencatatkan pendapatan neto sebesar Rp2,76 triliun atau                strengthening its position in the pharmaceutical industry. In
meningkat 43,71% dari tahun sebelumnya. Dewan Komisaris                terms of financial performance, the Company recorded net
juga memandang langkah Direksi dalam melakukan penerbitan              revenues of Rp2.76 trillion, representing an increase of 43.71%
Obligasi Berkelanjutan II Pyridam Farma Tahap I Tahun                  compared to the previous year. The Board of Commissioners
2025 sebagai langkah strategis dalam memperkuat struktur               also views the issuance of Pyridam Farma Continuous Bonds II
permodalan serta mendukung kebutuhan pendanaan untuk                   Phase I Year 2025 as a strategic step in strengthening the capital
pengembangan usaha jangka panjang.                                     structure and supporting long-term business development
                                                                       funding needs.


Dari perspektif keberlanjutan, Dewan Komisaris menilai                 From a sustainability perspective, the Board of Commissioners
bahwa Direksi telah mengintegrasikan prinsip keberlanjutan             considers that the Board of Directors has integrated
dalam berbagai aktivitas operasional Perseroan. Inisiatif              sustainability principles into different operational activities
pengembangan produk inovatif melalui Entitas Anak, kemitraan           of the Company. Initiatives in developing innovative products
strategis dengan mitra internasional, serta pelaksanaan                through Subsidiaries, strategic partnerships with international
berbagai program CSR menunjukkan komitmen Perseroan                    partners, and the implementation of CSR programs demonstrate
dalam memberikan nilai tambah bagi masyarakat. Di sisi lain,           the Company’s commitment to delivering added value to
upaya peningkatan efisiensi penggunaan energi, pengelolaan             society. On the other hand, efforts to improve energy efficiency,
limbah produksi, serta berbagai kegiatan pelestarian                   manage production waste, and various environmental
lingkungan juga mencerminkan perhatian Perseroan terhadap              preservation activities also reflect the Company’s attention
aspek lingkungan dalam kegiatan operasional. Secara                    to environmental aspects in its operations. Overall, the Board
keseluruhan, Dewan Komisaris menilai bahwa Direksi telah               of Commissioners assesses that the Board of Directors has
menjalankan strategi usaha dengan mempertimbangkan                     implemented its business strategy by maintaining a balance
keseimbangan antara pertumbuhan bisnis, pengelolaan risiko,            between business growth, risk management, and the adoption
serta penerapan praktik bisnis yang berkelanjutan.                     of sustainable business practices.




  48       Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
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Tata Kelola Perusahaan yang Baik           Laporan Keberlanjutan
  Good Corporate Governance                 Sustainability Report




Pengawasan terhadap Perumusan dan                                   Supervision on the Development and
Implementasi Strategi Keberlanjutan                                 Implementation of the Company’s
Perseroan                                                           Sustainability Strategy

Sejalan dengan penilaian atas kinerja Direksi tersebut,             In line with its evaluation of the Board of Directors’ performance,
Dewan Komisaris melaksanakan fungsi pengawasan secara               the Board of Commissioners continuously carries out its
berkelanjutan terhadap perumusan dan implementasi                   supervisory function over the development and implementation
berbagai strategi yang dijalankan Perseroan, termasuk               of the Company’s strategies, including sustainability strategies,
strategi keberlanjutan yang menjadi bagian penting dalam            which constitute an integral part of long-term business
pengembangan usaha jangka panjang guna memastikan                   development to ensure that all policies and strategic initiatives
bahwa setiap kebijakan dan langkah strategis Perseroan              are aligned with the objective of sustainable business growth.
selaras dengan tujuan pertumbuhan usaha yang berkelanjutan.         Such supervision is conducted through periodic monitoring of
Pengawasan tersebut dilakukan melalui pemantauan berkala            the implementation of business strategies, encompassing the
terhadap pelaksanaan strategi bisnis yang mencakup                  strengthening of operational competitiveness, development of
penguatan daya saing operasional, pengembangan portofolio           the product portfolio, and optimization of market penetration
produk, serta optimalisasi penetrasi pasar yang mendukung           to support the broad availability of pharmaceutical products to
ketersediaan produk farmasi secara luas bagi masyarakat.            the public. The Board of Commissioners also considers that
Dewan Komisaris juga menilai bahwa langkah Direksi dalam            the Board of Directors’ initiatives in expanding market reach
memperluas jangkauan pasar serta meningkatkan efektivitas           and improving the effectiveness of marketing activities have
kegiatan pemasaran telah memberikan kontribusi positif              contributed positively to strengthening the Company’s position
terhadap penguatan posisi Perseroan di industri farmasi yang        in an increasingly competitive pharmaceutical industry.
semakin kompetitif.


Dewan Komisaris telah mencermati pelaksanaan strategi               The Board of Commissioners has closely observed the
penguatan sinergi antar entitas dalam PYFA Group, termasuk          implementation of strategies to strengthen synergies among
melalui kesuksesan akuisisi Probiotec Pty Ltd yang telah            entities within the PYFA Group, including the successful
dilaksanakan tahun sebelumnya sebagai bagian dari upaya             acquisition of Probiotec Pty Ltd completed in the previous
memperluas akses pasar regional dan meningkatkan                    year as part of efforts to expand regional market access and
kapabilitas operasional secara terintegrasi. Melalui mekanisme      increase integrated operational capabilities. Through ongoing
pengawasan yang dilakukan secara berkelanjutan, Dewan               supervisory mechanisms, the Board of Commissioners
Komisaris menilai bahwa langkah tersebut membuka peluang            assesses that this initiative opens opportunities for product
pengembangan inovasi produk melalui kolaborasi penelitian,          innovation development through research collaboration,
transfer teknologi, serta peningkatan standar kualitas              technology transfer, and the increase of manufacturing quality
manufaktur. Pengawasan juga mencakup proyek konsolidasi             standards. Supervision also covers the consolidation project of
4 (empat) fasilitas Probiotec Pty Ltd di New South Wales,           4 (four) Probiotec Pty Ltd facilities in New South Wales, Australia,
Australia, yang telah beroperasi pada akhir tahun 2025 dan          which became operational at the end of 2025 and is expected
diharapkan mampu meningkatkan efisiensi operasional serta           to improve operational efficiency and strengthen the foundation
memperkuat fondasi ekspansi usaha Perseroan di pasar                for the Company’s business expansion in international markets.
internasional.


Selain aspek ekonomi, Dewan Komisaris juga memberikan               In addition to economic aspects, the Board of Commissioners
perhatian terhadap implementasi strategi keberlanjutan pada         also places emphasis on the implementation of sustainability
aspek sosial dan lingkungan. Dewan Komisaris menilai bahwa          strategies in social and environmental aspects. The Board
Direksi telah menjalankan berbagai inisiatif yang mendukung         of Commissioners assesses that the Board of Directors
peningkatan kualitas kesehatan masyarakat, termasuk melalui         has undertaken a number of different initiatives to support
penyediaan produk farmasi yang berkualitas, penguatan standar       the improvement of public health quality, including through
keamanan produk, serta kontribusi terhadap pencapaian SDGs,         the provision of quality pharmaceutical products, the
khususnya pada aspek kesehatan. Di sisi lain, Dewan Komisaris       strengthening of product safety standards, and contributions
turut memantau upaya Perseroan dalam menerapkan praktik             to the achievement of the SDGs, particularly in the health
operasional yang lebih bertanggung jawab terhadap lingkungan        sector. In addition, the Board of Commissioners also monitors




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melalui pengelolaan limbah produksi, pengendalian emisi, serta         the Company’s efforts to implement more environmentally
peningkatan efisiensi penggunaan energi dan sumber daya.               responsible operational practices through production waste
Melalui pengawasan yang berkelanjutan terhadap berbagai                management, emissions control, and improved efficiency in the
inisiatif tersebut, Dewan Komisaris memastikan bahwa strategi          use of energy and resources. Through continuous supervision
keberlanjutan Perseroan diimplementasikan secara konsisten             of these initiatives, the Board of Commissioners ensures
dan terintegrasi dengan arah pengembangan usaha jangka                 that the Company’s sustainability strategy is implemented
panjang.                                                               consistently and integrated with the direction of long-term
                                                                       business development.



Frekuensi dan Cara Pemberian Nasihat                                   Frequency and Method of Providing
kepada Direksi                                                         Advice to the Board of Directors

Dalam menjalankan fungsi pengawasan tersebut, Dewan                    In carrying out its supervisory function, the Board of
Komisaris secara aktif memberikan nasihat dan arahan                   Commissioners actively provides advice and strategic direction
strategis kepada Direksi guna memastikan bahwa pengelolaan             to the Board of Directors to ensure that the management of
Perseroan tetap sejalan dengan arah pengembangan usaha                 the Company remains aligned with its business development
dan prinsip GCG. Pemberian nasihat tersebut dilakukan melalui          direction and GCG principles. Such advice is delivered through
berbagai forum resmi, termasuk rapat gabungan dengan                   various formal forums, including joint meetings with the
Direksi serta media komunikasi lainnya yang berlangsung                Board of Directors as well as other communication channels
sepanjang tahun sesuai kebutuhan Perseroan. Dalam                      conducted throughout the year as required by the Company. In
forum tersebut, Dewan Komisaris memberikan pandangan                   these forums, the Board of Commissioners provides strategic
strategis terkait arah pengembangan usaha, penguatan GCG,              views on business development direction, GCG strengthening,
pengelolaan risiko, serta implementasi strategi keberlanjutan          risk management, and the implementation of sustainability
guna memastikan bahwa setiap kebijakan yang diambil Direksi            strategies to ensure that every policy adopted by the Board of
tetap selaras dengan kepentingan jangka panjang Perseroan              Directors remains aligned with the long-term interests of the
dan para pemangku kepentingan.                                         Company and its stakeholders.



Pandangan atas Prospek Usaha                                           Opinion on Business Outlook Prepared by
yang Disusun Direksi                                                   the Board of Directors

Dewan Komisaris memandang bahwa prospek usaha                          The Board of Commissioners is of the view that the Company’s
Perseroan sebagaimana disusun oleh Direksi telah                       business outlook as prepared by the Board of Directors have
mempertimbangkan secara komprehensif perkembangan                      comprehensively taken into account developments in the
industri farmasi, dinamika pasar, serta arah kebijakan                 pharmaceutical industry, market dynamics, and the direction of
pemerintah dalam memperkuat kemandirian industri farmasi               government policies aimed at strengthening the independence
nasional. Potensi pertumbuhan industri kesehatan yang masih            of the national pharmaceutical industry. The positive growth
positif, didukung oleh meningkatnya kesadaran masyarakat               potential of the healthcare industry, supported by increasing
terhadap kesehatan, perkembangan teknologi medis, serta                public awareness of health, advancements in medical
penguatan sistem kesehatan nasional, memberikan peluang                technology, and the strengthening of the national healthcare
bagi Perseroan untuk terus memperluas portofolio produk                system, provides opportunities for the Company to further
dan meningkatkan kapasitas produksi. Dewan Komisaris                   expand its product portfolio and increase production capacity.
menilai bahwa strategi Direksi yang menitikberatkan pada               The Board of Commissioners considers that the Board of
pengembangan inovasi produk, peningkatan kapabilitas                   Directors’ strategy, which emphasizes product innovation,
penelitian dan pengembangan, serta optimalisasi penetrasi              improvement of research and development capabilities, and
pasar merupakan langkah yang tepat dalam memperkuat daya               optimization of market penetration, represents an appropriate
saing Perseroan di tengah dinamika industri yang semakin               approach to strengthening the Company’s competitiveness
kompetitif.                                                            amid increasingly dynamic industry conditions.


Selain aspek pertumbuhan bisnis, Dewan Komisaris juga                  In addition to business growth aspects, the Board of
memandang bahwa arah pengembangan usaha yang                           Commissioners also views that the business development
dirumuskan oleh Direksi telah mengintegrasikan dimensi                 direction developed by the Board of Directors has integrated
keberlanjutan secara lebih komprehensif. Upaya peningkatan             sustainability dimensions more comprehensively. Efforts
kontribusi Perseroan terhadap kualitas kesehatan masyarakat            to increase the Company’s contribution to improving public




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Tata Kelola Perusahaan yang Baik           Laporan Keberlanjutan
  Good Corporate Governance                 Sustainability Report




melalui penyediaan produk farmasi yang aman dan terjangkau,         health quality through the provision of safe and affordable
penguatan kolaborasi dengan berbagai pemangku kepentingan           pharmaceutical products, strengthening collaboration with
di sektor kesehatan, serta pengembangan kompetensi                  various stakeholders in the healthcare sector, and developing
sumber daya manusia dinilai sejalan dengan peran Perseroan          human capital competencies are considered to be in line
dalam mendukung peningkatan kualitas layanan kesehatan              with the Company’s role in supporting the improvement of
nasional. Pada saat yang sama, perhatian terhadap efisiensi         national healthcare services. At the same time, attention
penggunaan energi, pengelolaan limbah produksi, serta               to energy efficiency, production waste management, and
penerapan praktik operasional yang lebih ramah lingkungan           the implementation of more environmentally responsible
menunjukkan bahwa strategi pengembangan usaha Perseroan             operational practices demonstrates that the Company’s
tidak hanya berorientasi pada pertumbuhan ekonomi, tetapi           business development strategy is not solely focused on
juga mempertimbangkan keseimbangan antara kinerja bisnis,           economic growth, but also takes into account the balance
tanggung jawab sosial, dan perlindungan lingkungan dalam            between business performance, social responsibility, and
jangka panjang.                                                     environmental protection in the long term.



Pandangan atas Penerapan                                            Opinion on the Implementation of
Tata Kelola Perusahaan                                              Corporate Governance

Dewan Komisaris memandang bahwa penerapan tata                      The Board of Commissioners is of the view that the
kelola perusahaan di Perseroan telah dilaksanakan secara            implementation of corporate governance within the Company
konsisten dan menjadi fondasi penting dalam mendukung               has been carried out consistently and serves as an important
keberlanjutan usaha. Penerapan prinsip GCG memastikan               foundation in supporting business sustainability. The
bahwa setiap kebijakan strategis dan keputusan operasional          application of GCG principles ensures that every strategic
mempertimbangkan keseimbangan antara kinerja ekonomi,               policy and operational decision takes into account a balance
tanggung jawab sosial, serta perlindungan lingkungan.               between economic performance, social responsibility, and
Integrasi aspek keberlanjutan dalam pengelolaan Perseroan           environmental protection. The integration of sustainability
dinilai telah mendukung terciptanya proses pengambilan              aspects into the Company’s management is considered to have
keputusan yang lebih komprehensif, transparan, dan                  supported the creation of a more comprehensive, transparent,
berorientasi jangka panjang, sehingga aktivitas usaha               and long-term-oriented decision-making process, such
Perseroan tidak hanya berfokus pada pencapaian kinerja              that the Company’s business activities are not only focused
finansial, tetapi juga pada penciptaan nilai yang berkelanjutan     on achieving financial performance, but also on creating
bagi para pemangku kepentingan.                                     sustainable value for stakeholders.


Pandangan tersebut disertai penilaian bahwa struktur GCG            This opinion is accompanied by the assessment that the GCG
telah berjalan secara efektif dalam menjalankan fungsi              structure has been functioning effectively in carrying out its
masing-masing. Direksi bertanggung jawab atas pengelolaan           respective roles. The Board of Directors is responsible for the
operasional dan pelaksanaan strategi Perseroan, sementara           Company’s operational management and the execution of
Dewan Komisaris menjalankan fungsi pengawasan untuk                 its strategies, while the Board of Commissioners performs a
memastikan bahwa kebijakan yang diterapkan selaras dengan           supervisory function to ensure that implemented policies are
prinsip GCG serta kepentingan jangka panjang Perseroan. Fungsi      aligned with GCG principles and the Company’s long-term
pengawasan tersebut juga didukung oleh berbagai Komite dan          interests. This supervisory function is also supported by a
Unit Pendukung, termasuk Komite Audit, Sekretaris Perusahaan,       number of Committees and Supporting Units, including the Audit
serta Unit Audit Internal yang berperan dalam memastikan            Committee, Corporate Secretary, and Internal Audit Unit, which
kepatuhan terhadap peraturan yang berlaku, peningkatan              play roles in ensuring compliance with applicable regulations,
transparansi informasi, serta penguatan sistem pengendalian         improving information transparency, and strengthening
internal. Mekanisme ini menciptakan sistem checks and               internal control systems. This mechanism creates an effective
balances yang efektif dalam mendukung pengelolaan Perseroan         system of checks and balances in supporting accountable and
secara akuntabel dan bertanggung jawab.                             responsible management of the Company.


Dewan Komisaris mencermati bahwa Perseroan juga                     The Board of Commissioners observes that the Company has
telah mengintegrasikan analisis risiko dan peluang terkait          also integrated the analysis of risks and opportunities related
aspek ESG ke dalam sistem manajemen risiko perusahaan.              to ESG aspects into its enterprise risk management system.
Risiko yang diidentifikasi membuka peluang strategis bagi           The identified risks present strategic opportunities for the
Perseroan untuk meningkatkan inovasi produk, memperluas             Company to improve product innovation, expand public access
akses masyarakat terhadap obat yang berkualitas, serta              to quality medicines, and improve operational efficiency




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meningkatkan efisiensi operasional melalui praktik produksi             through more responsible production practices. The Board of
yang lebih bertanggung jawab. Dewan Komisaris memandang                 Commissioners is of the view that such integration of ESG risk
bahwa integrasi pengelolaan risiko dan peluang ESG tersebut             and opportunity management constitutes an important step
merupakan langkah penting dalam memperkuat ketahanan                    in strengthening the Company’s operational resilience while
operasional Perseroan sekaligus mendukung penciptaan nilai              supporting the creation of sustainable long-term value.
jangka panjang yang berkelanjutan.



Penutup dan Apresiasi                                                   Closing and Appreciation

Menutup laporan ini, Dewan Komisaris menyampaikan                       In closing this report, the Board of Commissioners would
apresiasi kepada Direksi dan seluruh karyawan Perseroan                 like to extend our appreciation to the Board of Directors and
atas dedikasi dan kerja keras yang telah ditunjukkan                    all Company personnel for their dedication and hard work in
dalam menjalankan kegiatan usaha sepanjang tahun 2025.                  carrying out business activities throughout 2025. Appreciation
Penghargaan juga disampaikan kepada para Pemegang                       is also extended to the Shareholders, business partners,
Saham, mitra usaha, regulator, serta seluruh pemangku                   regulators, and all stakeholders for their continued trust and
kepentingan atas kepercayaan dan dukungan yang terus                    support for the Company. Such support and synergy from all
diberikan kepada Perseroan. Dukungan dan sinergi dari                   parties constitute an important foundation for the Company
seluruh pihak tersebut menjadi fondasi penting bagi Perseroan           in maintaining business sustainability and strengthening its
dalam menjaga keberlanjutan usaha serta memperkuat                      contribution to the development of the pharmaceutical industry
kontribusi dalam mendukung pengembangan industri farmasi                and the improvement of public health quality.
dan peningkatan kualitas kesehatan masyarakat.



                                                          Jakarta, April 2026
                                                    Atas nama Dewan Komisaris,
                                               On behalf of the Board of Commissioners,




                                                               Robby Yulianto
                                                              Komisaris Utama
                                                           President Commissioner




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Dewan Komisaris
Board of Commissioners




                             4
         2                                                             3
                                                      1




1. Robby Yulianto                3. Charles D. Marpaung
  Komisaris Utama                  Komisaris Independen
  President Commissioner           Independent Commissioner

2. Widjanarko Brotosaputro       4. Maura Linda Sitanggang
  Komisaris                        Komisaris Independen
  Commissioner                     Independent Commissioner




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         Laporan Direksi
         Board of Directors Report


Pemegang Saham dan Pemangku Kepentingan yang Terhormat,
Dear Esteemed Shareholders and Stakeholders,

Puji dan syukur kami panjatkan kepada Tuhan Yang Maha Esa              We would like to extend our gratitude to Almighty God for
atas rahmat dan karunia-Nya sehingga Perseroan dapat                   His blessings and grace, which have enabled the Company
menjalankan kegiatan usaha sepanjang tahun buku 2025                   to engage its business activities throughout the 2025
dengan kinerja yang tetap terjaga di tengah dinamika lingkungan        financial year while maintaining its performance amid the
bisnis yang terus berkembang. Tahun ini ditandai oleh berbagai         continuously evolving business environment. This year was
perubahan pada perekonomian global dan nasional yang                   marked by many different changes in the global and national
memengaruhi aktivitas usaha di berbagai sektor, termasuk               economies that affected business activities across sectors,
industri farmasi. Ketidakpastian global yang dipengaruhi oleh          including the pharmaceutical industry. Global uncertainties
tekanan geopolitik, volatilitas nilai tukar, serta penyesuaian         driven by geopolitical pressures, exchange rate volatility, and
kebijakan moneter di berbagai negara turut membentuk                   adjustments in monetary policies across various countries
dinamika pasar. Di sisi lain, meningkatnya kesadaran masyarakat        have shaped market dynamics. On the other hand, increasing
terhadap pentingnya kesehatan, profil demografi Indonesia,             public awareness of the importance of health, Indonesia’s
investasi berkelanjutan pemerintah dalam memperluas cakupan            demographic profile, the government’s continued investment
kesehatan nasional dan memperkuat infrastruktur kesehatan,             in expanding national healthcare coverage and strengthening
perkembangan inovasi di bidang farmasi dan teknologi medis,            healthcare infrastructure, advancements in pharmaceutical
serta pertumbuhan kebutuhan produk farmasi terus membuka               and medical technology innovation, as well as growing demand
ruang pertumbuhan bagi Perseroan.                                      for pharmaceutical products have continued to create growth
                                                                       opportunities for the Company.

Dalam menghadapi kondisi tersebut, Perseroan menjalankan               In response to these conditions, the Company has undertaken
berbagai langkah strategis untuk menjaga kesinambungan                 a number of different strategic initiatives to sustain business
pertumbuhan usaha melalui penguatan portofolio dan                     growth, including strengthening its portfolio and developing
pengembangan        produk-produk     farmasi,   penguatan             pharmaceutical products, improving synergies among entities
sinergi antar entitas dalam grup guna mengoptimalkan                   within the group to optimize business capabilities, and
kapabilitas bisnis, serta memperluas penetrasi pasar untuk             expanding market penetration for the Company’s products.
produk-produk Perseroan. Upaya tersebut didukung oleh                  These efforts are supported by the strengthening of research
penguatan kegiatan penelitian dan pengembangan, optimalisasi           and development activities, optimization of production




  54       Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
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Tata Kelola Perusahaan yang Baik           Laporan Keberlanjutan
  Good Corporate Governance                 Sustainability Report




                Lee Yan Gwan
                Direktur Utama
                President Director




kapasitas produksi, serta penguatan tim penjualan dan pemasaran     capacity, and strengthening of the sales and marketing teams
serta jaringan distribusi yang menjangkau berbagai wilayah.         as well as distribution networks across various regions. The
Perjalanan Perseroan dalam merealisasikan langkah strategis         Company’s journey in realizing these strategic initiatives is
tersebut secara ringkas kami sampaikan sebagai berikut.             summarized as follows.



Tinjauan Makroekonomi dan Industri                                  Macroeconomic and Industry Review
Perekonomian global sepanjang tahun 2025 menunjukkan                Global economic conditions throughout 2025 remained
perkembangan yang dinamis di tengah dinamika geopolitik,            dynamic amid geopolitical developments, financial market
volatilitas pasar keuangan, serta penyesuaian kebijakan             volatility, and adjustments in monetary policies across various
moneter di berbagai negara. Aktivitas ekonomi dunia tumbuh          countries. The global economy grew by approximately 3.3%,
sekitar 3,3%, relatif stabil dibandingkan tahun sebelumnya,         relatively stable compared to the previous year, supported by
dengan dukungan investasi teknologi yang meningkat serta            increased technology investment and still-accommodative
kondisi keuangan global yang masih akomodatif. Di sisi lain,        global financial conditions. On the other hand, uncertainties
ketidakpastian perdagangan internasional, fluktuasi harga           in international trade, fluctuations in commodity prices, and
komoditas, serta tekanan inflasi yang secara bertahap mulai         inflationary pressures that gradually began to ease continued
mereda tetap membentuk dinamika ekonomi global sepanjang            to shape global economic dynamics throughout the year. This
tahun. Stabilitas tersebut memberikan ruang bagi negara             stability provided room for emerging economies, including
berkembang, termasuk Indonesia, untuk menjaga momentum              Indonesia, to maintain growth momentum through stronger
pertumbuhan ekonomi melalui penguatan permintaan                    domestic demand and financial system stability.
domestik dan stabilitas sistem keuangan.

Di dalam negeri, kinerja ekonomi Indonesia tetap baik dengan        Domestically, Indonesia’s economic performance remained
pertumbuhan sekitar 5,11% pada tahun 2025, meningkat                favorable, with growth of approximately 5.11% in 2025, an
dibandingkan 5,03% pada tahun 2024, yang menunjukkan kinerja        increase from 5.03% in 2024, reflecting solid performance
yang tetap solid dengan stabilitas makroekonomi yang terjaga,       with well-maintained macroeconomic stability, supported by




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didukung oleh konsumsi rumah tangga, peningkatan investasi,            household consumption, increased investment, and consistent
serta sinergi kebijakan fiskal dan moneter yang konsisten. Kondisi     fiscal and monetary policy synergy. These conditions supported
tersebut memberikan dukungan terhadap perkembangan industri            the development of the pharmaceutical industry, in line with
farmasi, seiring dengan meningkatnya kesadaran masyarakat              increasing public awareness of the importance of health and
terhadap pentingnya kesehatan serta perluasan akses layanan            expanded access to healthcare services. At the same time,
kesehatan. Di sisi lain, pemerintah juga terus mendorong               the government continued to promote the strengthening of
penguatan kemandirian BBO sebagai agenda strategis nasional            BBO independence as a national strategic agenda to reinforce
untuk memperkuat ketahanan industri farmasi domestik. Upaya            the resilience of the domestic pharmaceutical industry. These
ini dilakukan melalui pengembangan kapasitas produksi BBO              efforts include the development of domestic BBO production
dalam negeri, pembangunan ekosistem industri farmasi dari              capacity, the establishment of an end-to-end pharmaceutical
hulu hingga hilir, serta dukungan kebijakan perdagangan dan            industry ecosystem, and supportive trade and government
pengadaan pemerintah guna memastikan keberlanjutan pasar               procurement policies to ensure market sustainability for the
bagi industri farmasi nasional. Peningkatan kebutuhan layanan          national pharmaceutical industry. The increasing demand for
kesehatan berbasis rumah sakit serta penguatan sistem jaminan          hospital-based healthcare services, along with the strengthening
kesehatan nasional mendorong permintaan terhadap produk                of the national health insurance system, has driven demand for
farmasi domestik dan mendukung pertumbuhan pelaku industri             domestic pharmaceutical products and supported the growth
yang memiliki kapabilitas produksi dan distribusi terintegrasi.        of industry players with integrated production and distribution
                                                                       capabilities.



Tantangan, Kendala, dan Isu-Isu                                        Challenges, Constraints, and External
Eksternal Keberlanjutan yang Dihadapi                                  Sustainability Issues Faced by
Perseroan                                                              the Company
Perkembangan kondisi makroekonomi dan dinamika industri                Developments in macroeconomic conditions and the dynamics
farmasi sepanjang tahun 2025 juga diiringi oleh berbagai               of the pharmaceutical industry throughout 2025 were also
tantangan eksternal yang memengaruhi keberlanjutan usaha               accompanied by different external challenges affecting the
Perseroan. Dari sudut pandang ekonomi, ketidakpastian pasar            sustainability of the Company’s business. From an economic
global dan domestik masih menjadi faktor yang memengaruhi              perspective, uncertainty in both global and domestic
stabilitas permintaan serta daya beli masyarakat. Fluktuasi            markets remained a factor influencing demand stability and
harga bahan baku farmasi, yang sebagian masih bergantung               consumers’ purchasing power. Fluctuations in pharmaceutical
pada impor, turut memengaruhi struktur biaya produksi dan              raw material prices, which still partly depend on imports, also
stabilitas rantai pasok Perseroan. Ketergantungan pada                 affected the Company’s production cost structure and supply
pemasok luar negeri juga menghadirkan risiko volatilitas               chain stability. Dependence on overseas suppliers further
harga yang menuntut Perseroan untuk menerapkan strategi-               exposed the Company to price volatility risks, requiring the
strategi untuk mengelola fluktuasi harga bahan baku dan                implementation of strategies to manage raw material price
menjaga efisiensi operasional. Tantangan lain juga muncul              fluctuations and maintain operational efficiency. Additional
dalam distribusi produk farmasi di wilayah geografis Indonesia         challenges also arose in the distribution of pharmaceutical
yang luas, khususnya di daerah terpencil yang memerlukan               products across Indonesia’s vast geographic landscape,
dukungan infrastruktur dan sistem logistik yang memadai.               particularly in remote areas that require adequate infrastructure
                                                                       and logistics systems.

Dari sisi sosial, industri farmasi menghadapi ekspektasi yang          From a social perspective, the pharmaceutical industry faces
semakin tinggi dari masyarakat serta regulator terhadap                increasingly high expectations from the public and regulators
keamanan, kualitas, dan transparansi informasi produk obat.            regarding the safety, quality, and transparency of drug-related
Proses registrasi dan perizinan produk yang harus memenuhi             information. Product registration and licensing processes,
standar keamanan dan kualitas yang ketat menjadikan tahapan            which must comply with stringent safety and quality standards,
pengembangan dan peluncuran produk relatif kompleks.                   make product development and launch stages relatively
Peningkatan kesadaran masyarakat terhadap keamanan                     complex. Increasing public awareness of drug safety has
obat mendorong Perseroan untuk memperkuat sistem                       encouraged the Company to strengthen its pharmacovigilance
farmakovigilans, meningkatkan transparansi informasi produk,           system, improve product information transparency, and
serta memastikan praktik produksi dan pemasaran yang sesuai            ensure that production and marketing practices comply with
regulasi dan bertanggung jawab. Selain itu, risiko peredaran           regulations and are conducted responsibly. In addition, the
produk palsu, penyimpanan obat yang tidak sesuai standar,              risks of counterfeit products, improper storage of medicines,
serta distribusi yang tidak terkontrol menjadi isu penting yang        and uncontrolled distribution represent important issues that
perlu diantisipasi guna menjaga integritas rantai distribusi serta     must be anticipated to maintain the integrity of the distribution
kepercayaan masyarakat terhadap produk farmasi.                        chain and public trust in pharmaceutical products.




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Tata Kelola Perusahaan yang Baik              Laporan Keberlanjutan
  Good Corporate Governance                    Sustainability Report




Dari sudut pandang lingkungan, Perseroan juga menghadapi               From an environmental perspective, the Company also faces
tuntutan yang semakin tinggi dalam pengelolaan dampak                  increasing demands in managing the environmental impacts of
lingkungan dari kegiatan operasional. Regulasi terkait pengelolaan     its operational activities. Regulations related to the management
limbah B3, pengendalian emisi, serta standar pengelolaan               of B3 waste, emissions control, and environmental management
lingkungan dalam proses produksi semakin diperketat dan                standards in production processes are becoming more
terus berkembang secara dinamis. Kondisi tersebut mendorong            stringent and continue to evolve dynamically. These conditions
Perseroan untuk meningkatkan efektivitas pengelolaan limbah,           encourage the Company to improve the effectiveness of waste
efisiensi penggunaan energi dan sumber daya, serta kepatuhan           management, improve energy and resource efficiency, and
terhadap berbagai ketentuan lingkungan yang berlaku. Demikian          ensure compliance with applicable environmental regulations.
pula peningkatan perhatian investor, mitra bisnis, serta regulator     Similarly, growing attention from investors, business partners,
terhadap praktik ESG turut memperkuat pentingnya pengelolaan           and regulators toward ESG practices further reinforces the
dampak lingkungan secara lebih terukur dan transparan. Berbagai        importance of managing environmental impacts in a more
tantangan eksternal tersebut menjadi landasan bagi Perseroan           measurable and transparent manner. These different external
dalam merumuskan langkah strategis untuk memperkuat praktik            challenges serve as the foundation for the Company in
keberlanjutan yang terintegrasi dengan kegiatan operasional dan        developing strategic initiatives to strengthen sustainability
pengembangan usaha.                                                    practices that are integrated with its operations and business
                                                                       development.



Respons Perseroan melalui Penerapan                                    The Company’s Response through the
Strategi, Kebijakan Strategis, dan Nilai-                              Implementation of Strategies, Strategic
Nilai Keberlanjutan                                                    Policies, and Sustainability Values
Berbagai tantangan eksternal yang memengaruhi dinamika                 A number of different external challenges affecting the dynamics
industri farmasi tersebut mendorong Perseroan untuk                    of the pharmaceutical industry have prompted the Company to
memperkuat respons strategis yang terintegrasi dengan                  strengthen its strategic response by integrating sustainability
prinsip keberlanjutan dalam setiap aktivitas usaha. Dari               principles into all business activities. From an economic
sudut pandang ekonomi, Perseroan mengarahkan strategi                  perspective, the Company has directed its business strategy
bisnis pada penguatan daya saing dan optimalisasi kinerja              toward improving competitiveness and optimizing operational
operasional melalui perluasan cakupan pasar di tingkat                 performance through the expansion of market coverage at
nasional maupun internasional serta peningkatan efektivitas            both national and international levels, as well as improving the
aktivitas pemasaran. Struktur Tim Sales dan Marketing                  effectiveness of marketing activities. The Sales and Marketing
disusun secara lebih spesifik untuk meningkatkan fokus                 Team structure has been organized more specifically to increase
pengembangan segmen pasar sesuai dengan dinamika dan                   focus on the development of market segments in line with
tren pasar, serta memperkuat penetrasi produk di berbagai              market dynamics and trends, as well as to strengthen product
wilayah. Upaya ini juga didukung oleh penguatan portofolio             penetration across various regions. These efforts are further
produk, peningkatan efisiensi rantai pasok, serta optimalisasi         supported by strengthening the product portfolio, improving
jaringan dan saluran distribusi guna memastikan ketersediaan           supply chain efficiency, and optimizing distribution networks
produk farmasi secara lebih luas dan merata bagi masyarakat.           and channels to ensure broader and more equitable availability
                                                                       of pharmaceutical products to the public.

Sejalan dengan strategi tersebut, Perseroan memperkuat                 In line with this strategy, the Company has strengthened synergies
sinergi antar entitas dalam PYFA Group, termasuk melalui               among entities within the PYFA Group, including through the
akuisisi Probiotec Pty Ltd guna memperluas akses pasar dan             acquisition of Probiotec Pty Ltd to expand market access and
meningkatkan kapabilitas operasional secara terintegrasi.              improve integrated operational capabilities. This synergy provides
Sinergi ini membuka peluang bagi Perseroan untuk memperluas            opportunities for the Company to expand the distribution reach of
jangkauan distribusi produk farmasi ke berbagai pasar regional,        pharmaceutical products into various regional markets, including
termasuk kawasan Asia Tenggara, dengan memanfaatkan                    Southeast Asia, by leveraging complementary networks, strategic
jaringan, hubungan strategis, serta kapabilitas operasional            relationships, and operational and production capabilities. Such
dan produksi yang saling melengkapi. Kolaborasi tersebut               collaboration includes the development of product innovation
mencakup pengembangan inovasi produk melalui investasi                 through joint investments in research, clinical trials, technology
bersama dalam penelitian, uji klinis, transfer teknologi, serta        transfer, and the strengthening of manufacturing quality
penguatan standar kualitas manufaktur, termasuk peluang                standards, including opportunities for the implementation of
implementasi sertifikasi internasional. Selain memperkaya              international certifications. In addition to enriching the product
portofolio produk melalui pengembangan produk farmasi,                 portfolio through pharmaceutical product development,
sinergi operasional ini juga memberikan potensi efisiensi              this operational synergy also offers potential efficiencies in
dalam pengadaan, logistik, dan skala produksi, sekaligus               procurement, logistics, and production scale, while strengthening
memperkuat posisi Perseroan dalam membangun ekosistem                  the Company’s position in building a more competitive regional
bisnis yang lebih kompetitif di tingkat regional.                      business ecosystem.


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Langkah strategis ini didukung dengan penyelesaian                     This strategic initiative is supported by the completion of the
konsolidasi fasilitas Probiotec Pty Ltd di New South Wales,            consolidation of Probiotec Pty Ltd’s facilities in New South
Australia. Proyek ini mengintegrasikan 4 (empat) lokasi fasilitas      Wales, Australia. The project integrates 4 (four) previous facility
sebelumnya ke dalam satu fasilitas terpadu seluas sekitar              locations into a single integrated facility covering approximately
36.000 m2, yang dirancang sebagai fasilitas pengemasan                 36,000 m² area, designed as Australia’s largest integrated and
obat terbesar di Australia yang terintegrasi serta berteknologi        high-technology pharmaceutical packaging facility. This new
tinggi. Fasilitas baru ini difokuskan untuk mendukung kegiatan         facility is focused on supporting co-packing activities for
co-packing produk obat-obatan dan produk FMCG dengan                   medicines and FMCG products in accordance with international
standar internasional. Konsolidasi fasilitas ini diharapkan dapat      standards. The consolidation is expected to improve operational
meningkatkan efisiensi operasional sekaligus memperkuat                efficiency while strengthening the Company’s capabilities in
kapabilitas Perseroan dalam mendukung ekspansi pasar.                  supporting market expansion. In addition, the facility has been
Selain itu, fasilitas tersebut dirancang dengan konsep green           designed with a green design concept and the utilization of
design dan pemanfaatan energi terbarukan guna mendukung                renewable energy to support more sustainable production
praktik produksi yang lebih berkelanjutan. Fasilitas ini telah         practices. This facility has commenced operations at the end
mulai beroperasi pada akhir tahun 2025. Selain itu, lini 3 (tiga)      of 2025. In addition, the 3 (third) sterile line facility of PT Ethica
fasilitas steril PT Ethica Industri Farmasi telah juga diselesaikan    Industri Farmasi was also completed in 2025, with commercial
pada tahun 2025, dengan target operasional komersial dimulai           operations targeted to commence in 2026.
pada tahun 2026.

Dari sisi sosial, Perseroan menempatkan nilai tanggung jawab,          From a social perspective, the Company places the values
inovasi, serta kepedulian terhadap kesehatan masyarakat                of responsibility, innovation, and care for public health as
sebagai fondasi utama dalam menjalankan kegiatan usaha                 fundamental principles in conducting its business activities
di industri farmasi. Perseroan terus memperkuat kontribusi             in the pharmaceutical industry. The Company continues to
terhadap pencapaian SDGs, khususnya poin 3 (tiga) tentang              strengthen its contribution to the achievement of the SDGs,
Kehidupan Sehat dan Sejahtera, melalui penyediaan produk               particularly goal 3 (three) on Good Health and Well-being, through
farmasi yang berkualitas, aman, dan terjangkau. Penguatan              the provision of quality, safe, and affordable pharmaceutical
standar kualitas produk, peningkatan transparansi informasi            products. Strengthening product quality standards, improving
obat, serta pengembangan layanan yang mendukung kebutuhan              transparency of medicine information, and developing services
tenaga kesehatan dan pasien menjadi bagian dari upaya                  that support the needs of healthcare professionals and patients
Perseroan dalam menciptakan nilai tambah bagi masyarakat               form part of the Company’s efforts to create added value for
sekaligus mendukung perkembangan industri farmasi nasional             society while supporting the advancement of a more developed
yang lebih maju dan berdaya saing.                                     and competitive national pharmaceutical industry.

Dari perspektif lingkungan hidup, Perseroan memastikan                 From an environmental perspective, the Company ensures that
bahwa seluruh proses operasional tetap selaras dengan                  all operational processes remain aligned with sustainability
prinsip keberlanjutan melalui penerapan praktik produksi yang          principles through the implementation of more environmentally
lebih bertanggung jawab terhadap lingkungan. Pengelolaan               responsible     production    practices.     Production    waste
limbah produksi, pengendalian emisi, serta peningkatan                 management, emissions control, and improved efficiency in
efisiensi penggunaan energi dan sumber daya dilakukan                  the use of energy and resources are carried out on an ongoing
secara berkelanjutan untuk meminimalkan dampak lingkungan              basis to minimize the environmental impact of operations.
dari kegiatan operasional. Pendekatan ini juga mencerminkan            This approach also reflects the Company’s efforts to adapt
upaya Perseroan dalam menyesuaikan diri dengan                         to evolving environmental regulations and the increasing
perkembangan regulasi lingkungan serta meningkatnya                    attention of stakeholders toward sustainable business
perhatian pemangku kepentingan terhadap praktik bisnis                 practices. The implementation of these strategies is carried
yang berkelanjutan. Implementasi berbagai strategi tersebut            out in a structured manner through the active role of the Board
dilaksanakan secara terarah melalui peran aktif Direksi dalam          of Directors in developing strategic policies and ensuring their
merumuskan kebijakan strategis serta memastikan efektivitas            effective execution across all levels of the organization.
pelaksanaannya di seluruh lini organisasi.



Peran Direksi dalam Perumusan dan                                      Role of the Board of Directors in
Implementasi Strategi, Kebijakan                                       the Development and Implementation
Strategis, dan Nilai-Nilai Keberlanjutan                               of Strategies, Strategic Policies, and
                                                                       Sustainability Values
Perumusan dan implementasi berbagai strategi keberlanjutan             The development and implementation of a number of
dijalankan melalui peran aktif dan komitmen Direksi dalam              sustainability strategies are carried out through the active role
memastikan perumusan kebijakan dan pelaksanaan program                 and commitment of the Board of Directors in ensuring that




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  Good Corporate Governance                  Sustainability Report




berjalan secara terarah dan terukur. Direksi memegang                policy development and program execution are conducted in
tanggung jawab utama dalam menetapkan arah strategis                 a structured and measurable manner. The Board of Directors
Perseroan dengan menyusun roadmap keberlanjutan yang                 holds primary responsibility for determining the Company’s
selaras dengan dinamika industri farmasi, perkembangan               strategic direction by establishing a Sustainability Roadmap
regulasi, serta arah kebijakan pemerintah di sektor kesehatan        aligned with the dynamics of the pharmaceutical industry,
dan lingkungan. Dalam proses yang dilakukan Direksi untuk            regulatory developments, and the direction of government
memastikan implementasi strategi keberlanjutan Perseroan             policies in the health and environmental sectors. In the process
berjalan dengan baik, ditetapkan Key Performance Indicator           undertaken by the Board of Directors to ensure the effective
(“KPI”) yang spesifik dan terukur sebagai dasar pemantauan           implementation of the Company’s sustainability strategies,
efektivitas implementasi strategi di seluruh lini organisasi,        specific and measurable Key Performance Indicators (“KPIs”)
sekaligus memastikan integrasi prinsip keberlanjutan dalam           are established as the basis for monitoring the effectiveness of
pengambilan keputusan bisnis, pengelolaan operasional, serta         strategy implementation across all levels of the organization,
pengembangan produk dan pasar. Penguatan koordinasi lintas           while ensuring the integration of sustainability principles
fungsi, pemantauan kinerja secara berkala, serta evaluasi            into business decision-making, operational management,
terhadap pencapaian program juga menjadi bagian dari peran           and product and market development. Strengthening cross-
Direksi dalam memastikan bahwa setiap inisiatif strategis dapat      functional coordination, conducting periodic performance
memberikan dampak yang optimal bagi pertumbuhan usaha                monitoring, and evaluating program achievements also form
sekaligus mendukung praktik bisnis yang bertanggung jawab.           part of the Board of Directors’ role in ensuring that each
                                                                     strategic initiative delivers optimal impact on business growth
                                                                     while supporting responsible business practices.



Analisis Kinerja dan Target                                          Analysis of the Company’s Sustainability
Keberlanjutan Perseroan                                              Performance and Targets
Pelaksanaan strategi keberlanjutan yang dirumuskan dan               The implementation of sustainability strategies developed
diimplementasikan oleh Direksi tercermin pada capaian                and executed by the Board of Directors is reflected in the
kinerja Perseroan sepanjang tahun 2025. Dari perspektif              Company’s performance achievements throughout 2025.
ekonomi, Perseroan mencatatkan pendapatan neto sebesar               From an economic perspective, the Company recorded net
Rp2,76 triliun, meningkat sebesar 43,71% atau setara Rp839,61        revenues of Rp2.76 trillion, representing an increase of 43.71%
miliar dibandingkan dengan capaian tahun sebelumnya                  or equivalent to Rp839.61 billion compared to Rp1.92 trillion
sebesar Rp1,92 triliun. Lonjakan penjualan ini didorong oleh         in the previous year. This surge in sales was driven by the
ekspansi bisnis manufaktur farmasi. Kinerja operasional juga         expansion of the pharmaceutical manufacturing business.
menunjukkan peningkatan dengan laba bruto sebesar Rp 583,14          Operational performance also improved, with gross profit
miliar dan EBITDA mencapai Rp203,74 miliar. Dalam rangka             reaching Rp583.14 billion and EBITDA amounting to Rp203.74
memperkuat struktur permodalan dan mendukung kebutuhan               billion. In order to strengthen its capital structure and support
pendanaan usaha jangka panjang, Perseroan juga melakukan             long-term business funding needs, the Company also issued
penerbitan Obligasi Berkelanjutan II Pyridam Farma Tahap             Pyridam Farma Continuous Bonds II Phase I Year 2025, as
I Tahun 2025, yang menjadi bagian dari strategi penguatan            part of its strategy to increase financial capacity to support
kapasitas finansial guna mendukung pengembangan bisnis               sustainable business development. This initiative reinforces
secara berkelanjutan. Langkah ini memperkuat fondasi                 the Company’s growth foundation while increasing flexibility
pertumbuhan Perseroan sekaligus meningkatkan fleksibilitas           to support business expansion and product innovation in an
dalam mendukung ekspansi usaha dan inovasi produk di                 increasingly competitive pharmaceutical industry.
industri farmasi yang semakin kompetitif.

Dari sisi sosial, Perseroan terus memperluas kontribusi terhadap     From a social perspective, the Company continues to expand
peningkatan kualitas kesehatan masyarakat melalui penguatan          its contribution to improving public health quality through
inovasi produk farmasi serta berbagai program tanggung jawab         strengthened pharmaceutical product innovation and a number
sosial. Perseroan melalui Entitas Anak, Ethica, meluncurkan          of different corporate social responsibility programs. Through
produk Capneu Caffeine Citrate yang ditujukan untuk mengatasi        its Subsidiary, Ethica, the Company launched Capneu Caffeine
henti napas (apnea) primer pada bayi prematur, sebagai bagian        Citrate, a product intended to treat primary apnea in premature
dari upaya mendukung peningkatan kualitas layanan kesehatan          infants, as part of its efforts to support the improvement of
neonatal. Perseroan juga menjalin kemitraan strategis dengan         neonatal healthcare services. The Company also established
Genewel Co Ltd sebagai distributor eksklusif untuk sejumlah          a strategic partnership with Genewel Co Ltd as the exclusive
produk unggulan, termasuk Medifoam, Welpass, dan Guardix-SG          distributor for several flagship products, including Medifoam,
di Indonesia serta kawasan Asia Tenggara. Selain itu, Perseroan      Welpass, and Guardix-SG in Indonesia and the Southeast Asian
melaksanakan 15 (lima belas) program CSR yang berfokus pada          region. In addition, the Company implemented 15 (fifteen) CSR
peningkatan kesehatan masyarakat, seperti distribusi vitamin         programs focused on improving public health, such as the




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dan dukungan nutrisi kepada masyarakat di berbagai wilayah.            distribution of vitamins and nutritional support to communities
Program tersebut juga mencakup pemberian bantuan vitamin               across various regions. These programs also included the
bagi korban bencana banjir melalui kolaborasi dengan berbagai          provision of vitamin assistance for flood victims in collaboration
lembaga nasional, serta penyediaan dukungan nutrisi guna               with a number of national institutions, as well as the provision
meningkatkan daya tahan tubuh masyarakat.                              of nutritional support to increase community immunity.

Sementara itu, dari perspektif lingkungan, Perseroan terus             Meanwhile, from an environmental perspective, the
memperkuat praktik operasional yang lebih bertanggung jawab            Company continues to strengthen more responsible
melalui pengelolaan dampak lingkungan secara terukur dan               operational practices through the measured and sustainable
berkelanjutan. Upaya tersebut dilakukan melalui peningkatan            management of environmental impacts. These efforts are
efisiensi penggunaan energi, pengelolaan limbah produksi               carried out through improving energy efficiency, managing
sesuai standar yang berlaku, serta penerapan prosedur                  production waste in accordance with applicable standards,
operasional yang mendukung praktik produksi yang lebih                 and implementing operational procedures that support more
ramah lingkungan. Perseroan juga melaksanakan berbagai                 environmentally friendly production practices. The Company
kegiatan pelestarian lingkungan sebagai bagian dari kontribusi         also carried out many different environmental conservation
terhadap ketahanan ekosistem, antara lain melalui program              activities as part of its contribution to ecosystem resilience,
penanaman mangrove di kawasan Mangrove Pluit untuk                     including mangrove planting programs in the Mangrove Pluit
mitigasi risiko abrasi dan banjir rob, kegiatan penghijauan            area to mitigate abrasion and tidal flooding risks, reforestation
dan penanaman pohon bersama Al-Azhar di Gunung Munara,                 and tree planting activities with Al-Azhar in Gunung Munara,
Bogor, guna mendukung stabilitas lahan, serta partisipasi              Bogor, to support land stability, as well as participation in tree
dalam penanaman pohon di kawasan Gunung Halimun                        planting in the Gunung Halimun Salak area as an effort to
Salak sebagai upaya penguatan ketahanan lingkungan dan                 strengthen environmental resilience and protect surrounding
perlindungan masyarakat sekitar. Berbagai inisiatif tersebut           communities. These initiatives reflect the Company’s efforts
mencerminkan upaya Perseroan dalam mengintegrasikan                    to integrate sustainability principles into its operational
prinsip keberlanjutan dalam aktivitas operasional sekaligus            activities while strengthening its contribution to sustainable
memperkuat kontribusi terhadap pembangunan berkelanjutan.              development.



Prospek Keberlanjutan Perseroan                                        The Company’s Sustainability Prospects
Capaian kinerja dan berbagai inisiatif keberlanjutan yang              The performance achievements and a number of sustainability
telah dilaksanakan sepanjang tahun 2025 menjadi fondasi                initiatives implemented throughout 2025 serve as a foundation
bagi Perseroan dalam memperkuat arah pengembangan                      for the Company to strengthen its direction for sustainable
usaha yang berkelanjutan pada periode mendatang. Dari                  business development in the coming period. From an economic
perspektif ekonomi, prospek industri farmasi nasional masih            perspective, the outlook for the national pharmaceutical
menunjukkan potensi pertumbuhan yang positif seiring                   industry continues to show positive growth potential, in line
meningkatnya kebutuhan layanan kesehatan, perkembangan                 with increasing demand for healthcare services, advancements
teknologi medis, serta penguatan sistem kesehatan nasional.            in medical technology, and the strengthening of the national
Peningkatan kesadaran masyarakat terhadap kesehatan,                   healthcare system. Rising public awareness of health,
profil demografi Indonesia, pertumbuhan kelas menengah,                Indonesia’s demographic profile, the growth of the middle class,
serta program pemerintah dalam memperkuat kemandirian                  and government programs to strengthen the independence of
industri farmasi domestik membuka peluang bagi perusahaan              the domestic pharmaceutical industry create opportunities for
farmasi untuk memperluas portofolio produk dan memperkuat              pharmaceutical companies to expand their product portfolios
kapasitas produksi dalam negeri. Dengan mempertimbangkan               and increase domestic production capacity. Taking these
kondisi tersebut serta posisi Perseroan sebagai perusahaan             conditions into account, along with the Company’s position
farmasi terintegrasi yang mencakup pengembangan produk,                as an integrated pharmaceutical company encompassing
manufaktur, dan komersialisasi, prospek usaha Perseroan pada           product development, manufacturing, and commercialization,
tahun 2026 tetap positif. Perseroan akan terus memperkuat              the Company’s business outlook for 2026 remain positive.
daya saing melalui pengembangan inovasi produk,                        The Company will continue to strengthen its competitiveness
peningkatan kapabilitas penelitian dan pengembangan, serta             through the development of product innovation, improvement
optimalisasi jaringan dan saluran distribusi guna memperluas           of research and development capabilities, and optimization of
akses masyarakat terhadap produk farmasi yang berkualitas.             distribution networks and channels to expand public access to
                                                                       quality pharmaceutical products.

Dari sisi sosial, prospek keberlanjutan Perseroan diarahkan            From a social perspective, the Company’s sustainability
pada peningkatan kontribusi terhadap kualitas kesehatan                outlook is directed toward increasing its contribution to
masyarakat melalui penyediaan produk farmasi yang aman,                public health quality through the provision of safe, effective,
efektif, dan terjangkau. Perseroan juga memandang penting              and affordable pharmaceutical products. The Company also




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Tata Kelola Perusahaan yang Baik            Laporan Keberlanjutan
  Good Corporate Governance                  Sustainability Report




penguatan kolaborasi dengan berbagai pemangku kepentingan            recognizes the importance of strengthening collaboration
di sektor farmasi guna mendukung pengembangan inovasi                with various stakeholders in the pharmaceutical sector to
dan peningkatan kualitas layanan. Selain itu, peningkatan            support innovation development and improve service quality.
kompetensi sumber daya manusia, penguatan budaya kerja               In addition, the improvement of human capital competencies,
yang berorientasi pada integritas dan profesionalisme, serta         strengthening of a work culture based on integrity and
pelaksanaan program CSR yang berkelanjutan akan terus                professionalism, and the implementation of sustainable CSR
menjadi bagian penting dalam menciptakan nilai tambah bagi           programs will continue to be integral in creating added value
masyarakat sekaligus memperkuat peran Perseroan dalam                for society while reinforcing the Company’s role within the
ekosistem kesehatan nasional.                                        national healthcare ecosystem.

Sementara itu, dari perspektif lingkungan, arah keberlanjutan        Meanwhile, from an environmental perspective, the
Perseroan akan terus difokuskan pada penguatan praktik               Company’s sustainability direction will continue to focus on
operasional yang lebih efisien dan bertanggung jawab terhadap        strengthening operational practices that are more efficient
lingkungan. Upaya peningkatan efisiensi penggunaan energi,           and environmentally responsible. Efforts to improve energy
pengelolaan limbah yang lebih efektif, serta penerapan teknologi     efficiency, implement more effective waste management, and
produksi yang lebih ramah lingkungan menjadi bagian penting          adopt more environmentally friendly production technologies
dalam mendukung operasional yang berkelanjutan. Perseroan            are key components in supporting sustainable operations. The
juga akan terus menyesuaikan praktik operasional dengan              Company will also continue to align its operational practices
perkembangan regulasi lingkungan serta meningkatnya                  with evolving environmental regulations and increasing
perhatian pemangku kepentingan terhadap praktik bisnis               stakeholder attention toward sustainable business practices.
yang berkelanjutan. Penguatan komitmen tersebut diharapkan           Strengthening this commitment is expected to support the
dapat mendukung terciptanya keseimbangan antara                      creation of a balance between business growth, environmental
pertumbuhan usaha, perlindungan lingkungan, serta kontribusi         protection, and sustainable social contributions, which will be
sosial yang berkelanjutan, yang selanjutnya akan didukung            further reinforced through the implementation of structured
melalui penerapan tata kelola keberlanjutan yang terstruktur         and integrated sustainability governance across all levels of
dan terintegrasi di seluruh lini organisasi.                         the organization.



Penerapan Tata Kelola Keberlanjutan                                  Implementation of Sustainability
                                                                     Governance
Arah pengembangan keberlanjutan Perseroan yang telah                 The Company’s sustainability development direction as
diuraikan sebelumnya didukung oleh penerapan tata kelola             outlined above is supported by the implementation of
keberlanjutan yang terstruktur dan terintegrasi dalam sistem         structured and integrated sustainability governance within
pengelolaan perusahaan. Perseroan menempatkan tata kelola            the corporate management system. The Company places
keberlanjutan sebagai bagian penting dari strategi bisnis guna       sustainability governance as an integral part of its business
memastikan bahwa setiap kebijakan dan keputusan operasional          strategy to ensure that every policy and operational decision
mempertimbangkan keseimbangan antara kinerja ekonomi,                takes into account a balance between economic performance,
dampak sosial, serta kelestarian lingkungan. Integrasi aspek         social impact, and environmental preservation. ESG aspects
ESG dilakukan secara menyeluruh dalam proses pengambilan             are comprehensively integrated into the decision-making
keputusan, mulai dari perencanaan strategis, pengelolaan             process, from strategic planning and operational management
operasional, hingga hubungan dengan pemangku kepentingan.            to stakeholder engagement. This approach ensures that
Pendekatan ini memastikan bahwa aktivitas usaha tidak hanya          business activities are not solely focused on financial growth,
berorientasi pada pertumbuhan finansial, tetapi juga memberikan      but also on delivering sustainable value to society and the
nilai tambah yang berkelanjutan bagi masyarakat dan lingkungan.      environment.

Penerapan tata kelola keberlanjutan juga diperkuat melalui           The implementation of sustainability governance is further
struktur tata kelola perusahaan yang melibatkan RUPS,                strengthened through the corporate governance structure
Dewan Komisaris, dan Direksi sebagai organ utama yang                involving the GMS, the Board of Commissioners, and the Board
menjalankan fungsi pengawasan, pengelolaan, serta                    of Directors as the main organs responsible for supervision,
pengambilan keputusan strategis. Dewan Komisaris                     management, and strategic decision-making. The Board of
menjalankan fungsi pengawasan terhadap implementasi                  Commissioners performs a supervisory function over the
kebijakan dan strategi keberlanjutan, sementara Direksi              implementation of sustainability policies and strategies, while
bertanggung jawab memastikan pelaksanaan program secara              the Board of Directors is responsible for ensuring the effective
efektif dalam kegiatan operasional sehari-hari. Peran ini            execution of programs in day-to-day operations. These roles
didukung oleh berbagai fungsi pengendalian internal, seperti         are supported by internal control functions, including the Audit
Komite Audit, Sekretaris Perusahaan, serta Unit Audit Internal       Committee, Corporate Secretary, and Internal Audit Unit, which
yang memastikan kepatuhan terhadap regulasi, transparansi            ensure regulatory compliance, information transparency, and




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informasi, dan penguatan sistem pengendalian internal.                 the strengthening of internal control systems. This governance
Struktur tata kelola tersebut membentuk mekanisme checks               structure establishes an effective system of checks and
and balances yang mendukung pengelolaan perusahaan                     balances that supports accountable, transparent, and long-
secara akuntabel, transparan, dan berorientasi jangka panjang.         term-oriented corporate management.



Dalam mendukung penerapan tata kelola keberlanjutan,                   In supporting the implementation of sustainability governance,
Perseroan mengintegrasikan analisis risiko dan peluang                 the Company integrates ESG risk and opportunity analysis
ESG ke dalam sistem manajemen risiko perusahaan. Risiko                into its enterprise risk management system. Identified risks
yang diidentifikasi mencakup antara lain keamanan produk               include, among others, product safety and potential product
dan potensi penarikan obat, kepatuhan terhadap regulasi                recalls, compliance with pharmaceutical regulations and good
farmasi dan praktik manufaktur yang baik, integritas rantai            manufacturing practices, supply chain integrity, the risk of
pasok, risiko pemalsuan produk, efisiensi energi dan emisi,            counterfeit products, energy efficiency and emissions, as well
serta integritas praktik pemasaran dan etika bisnis. Di sisi           as the integrity of marketing practices and business ethics.
lain, analisis tersebut juga membuka peluang strategis bagi            On the other hand, such analysis also presents strategic
Perseroan untuk meningkatkan inovasi dalam riset dan                   opportunities for the Company to enhance innovation in
pengembangan, memperluas akses obat yang berkualitas,                  research and development, expand access to quality medicines,
meningkatkan efisiensi proses produksi, serta memperkuat               improve production process efficiency, and strengthen supply
pengelolaan rantai pasok sesuai standar internasional.                 chain management in accordance with international standards.
Integrasi pengelolaan risiko ESG ini memungkinkan Perseroan            The integration of ESG risk management enables the Company
menjaga ketahanan operasional sekaligus memastikan bahwa               to maintain operational resilience while ensuring that every
setiap keputusan strategis mempertimbangkan dampak                     strategic decision takes into account balanced economic,
ekonomi, sosial, dan lingkungan secara seimbang.                       social, and environmental impacts.



Penutup dan Apresiasi                                                  Closing and Appreciation
Sebagai penutup, Direksi menyampaikan apresiasi yang setinggi-         In closing, the Board of Directors would like to extend our
tingginya kepada seluruh jajaran manajemen dan karyawan                highest appreciation to all members of management and the
Perseroan atas dedikasi, profesionalisme, serta komitmen yang          Company’s personnel for their dedication, professionalism,
terus ditunjukkan dalam menjalankan berbagai strategi dan              and continued commitment in implementing various
program kerja sepanjang tahun 2025. Direksi juga menyampaikan          strategies and work programs throughout 2025. The Board
penghargaan kepada Dewan Komisaris atas arahan, pengawasan,            of Directors also conveys our appreciation to the Board of
serta masukan strategis yang senantiasa diberikan dalam                Commissioners for its guidance, supervision, and strategic
mendukung pengelolaan Perseroan secara prudent dan                     input consistently provided in supporting the prudent and
berkelanjutan. Ucapan terima kasih yang tulus juga kami                sustainable management of the Company. Our sincere
sampaikan kepada para Pemegang Saham, mitra usaha, regulator,          gratitude is also extended to Shareholders, business partners,
pelanggan, serta seluruh pemangku kepentingan eksternal yang           regulators, customers, and all external stakeholders for their
telah memberikan kepercayaan, dukungan, dan kerja sama yang            continued trust, support, and cooperation with the Company.
berkelanjutan kepada Perseroan. Dukungan dan kolaborasi                Such support and collaboration with all stakeholders form an
yang terjalin dengan seluruh pemangku kepentingan tersebut             essential foundation for the Company to continue its efforts
menjadi fondasi penting bagi Perseroan dalam melanjutkan upaya         in delivering quality pharmaceutical products and creating
menghadirkan produk farmasi yang berkualitas serta menciptakan         sustainable value for all parties.
nilai tambah yang berkelanjutan bagi seluruh pihak.



                                                         Jakarta, April 2026
                                                         Atas nama Direksi,
                                                  On behalf of the Board of Directors,




                                                             Lee Yan Gwan
                                                            Direktur Utama
                                                           President Director




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Direksi
Board of Directors




                                                                                    5
 3
                             2                       1   4




1. Lee Yan Gwan           4. Sinta Lestari Ningsih
     Direktur Utama         Direktur
     President Director     Director

2. Bedjo Stefanus         5. Antes Eko Prasetio
     Direktur               Direktur
     Director               Director

3. Yenfrino Gunadi
     Direktur
     Director




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PROFIL PERUSAHAAN
         Company Profile


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     Identitas Perusahaan
     Company Identity


                 Nama [GRI 2-1]                                                           Tanggal Pendirian
                 Name                                                                     Date of Establishment
                 PT Pyridam Farma Tbk                                                     27 November 1976
                                                                                          November 27, 1976

                 Perubahan Nama                                                           Alasan Perubahan Nama
                 Change of Name                                                           Reason for Change of Name
                 PT Pyridam                                                               Dalam rangka perubahan status menjadi perusahaan
                                                                                          terbuka (go public).
                 PT Pyridam Farma Tbk                                                     In connection with the change of the Company’s
                                                                                          status to a public company (go public).




                 Alamat dan Kontak [POJK C.2] [GRI 2-1]                                   Kontak dan Sosial Media
                 Address and Contact                                                      Contact and Social Media
                 Kantor Utama / Head Office                                                     @pyfagroup
                 Sinar Mas Land Plaza Sudirman Lt. 12 / 12th Floor                              https://www.linkedin.com/company/pt-pyridamfarma-tbk/
                 Jl. Jenderal Sudirman Kav. 21, RT 10/RW 01
                                                                                                www.pyfa.co.id
                 Kuningan, Karet
                 Jakarta Selatan / South Jakarta 12920                                          (62-21) 509-91067

                 Pabrik / Factory
                 Jl. Hanjawar Pacet                                                       Surat Elektronik
                 Pacet, Cianjur                                                           E-Mail
                 Jawa Barat 43253
                                                                                          Hubungan Investor         : corsec@pyfa.co.id
                                                                                          Investor Relation
                 Jumlah Karyawan                                                          Hubungan Media            : corcomm@pyfa.co.id
                 per 31 Desember 2025                                                     Media Relation
                 Total Employees as of                                                    Karier    : hr.corporate@pyfa.co.id
                 December 31, 2025                                                        Career 			

                 Pria / Male     : 1.423 orang / people                                   Farmakovigilans           : pv.safety@pyfa.co.id
                                                                                          Pharmacovigilance
                 Wanita / Female : 1.297 orang / people



               Dasar Perubahan Nama                                                      Dasar Hukum Pendirian
               Basis for the Name Change                                                 Legal Basis of Establishment
               Akta Berita Acara Perseroan No. 267, tanggal                               Akta Pendirian No. 31 tanggal 27 November 1976, yang dibuat
               23 Desember 2000, yang dibuat di hadapan Tse Min                           di hadapan Tan Thong Kie, Notaris di Jakarta, sebagaimana yang
               Suhardi, S.H., Notaris di Jakarta yang telah disetujui                     telah mendapatkan pengesahan dari Menteri Kehakiman Republik
               oleh Menteri Kehakiman dan Hak Asasi Manusia                               Indonesia berdasarkan Surat Keputusan No. Y.A.5/118/3, tanggal
               Republik Indonesia berdasarkan Surat Keputusan                             17 Maret 1977 dan telah didaftarkan di Pengadilan Negeri Jakarta
               No. C-00321HT.01.04.TH.2001, tanggal 25 April 2001.                        dalam Buku Register No. 1303 tanggal 4 April 1977, sebagaimana
                                                                                          telah diumumkan pada Tambahan Berita Negara Republik
                                                                                          Indonesia No. 801 pada Berita Negara Republik Indonesia No. 102
                                                                                          tanggal 23 Desember 1977.
               Deed of Minutes of the Company No. 267, dated                              Deed of Establishment No. 31, dated November 27, 1976,
               December 23, 2000, made before Tse Min Suhardi, S.H.,                      made before Tan Thong Kie, Notary in Jakarta, as approved by
               Notary in Jakarta, which has been approved by the Minister                 Minister of Justice of the Republic of Indonesia through Decree
               of Law and Human Rights of the Republic of Indonesia                       No. Y.A.5/118/3, dated March 17, 1977 and has been registered
               based on Decree No. C-00321HT.01.04.TH.2001, dated                         at Jakarta District Court in the registry book No. 1303, dated
               April 25, 2001.                                                            April 4, 1977, as promulgated on the Supplement to the State
                                                                                          Gazette of the Republic of Indonesia No. 801 in the State Gazette
                                                                                          of the Republic of Indonesia No. 102 dated December 23, 1977.




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Tata Kelola Perusahaan yang Baik                    Laporan Keberlanjutan
  Good Corporate Governance                          Sustainability Report




            Kepemilikan Saham per 31 Desember 2025 [GRI 2-1]                             34,45%
            Share Ownership as of December 31, 2025
                  Rejuve Global Investment Pte. Ltd.
                  PT Asuransi Jiwa Starinvestama
                  Publik (masing-masing di bawah 5%)
                  Public (each is below 5%)

            Tanggal Pencatatan Saham                                                     5,10%                                       60,45%
            Share Listing Date
            16 Oktober 2001
            October 16, 2001

            Jenis Badan Hukum [GRI 2-1]                                                    Kode Saham
            Legal Entity Type                                                              Ticker Code
            Perseroan Terbatas
            Limited Liability Company
                                                                                           PYFA


            Pabrik Entitas Anak [GRI 2-1]                                                  Modal Dasar
            Subsidiaries’ Factories                                                        Authorized Capital
            PT Ethica Industri Farmasi
            Jl. Science Timur 2
                                                                                           Rp3.800.000.000.000,00
            Kawasan Industri Jababeka Tahap V Blok B1B1
            Desa Jayamukti, Kec. Cikarang Pusat, Bekasi                                    Modal Disetor per 31 Desember 2025
            PT Holi Pharma
            Jl. Mahar Martanegara No. 100
                                                                                           Paid-Up Capital as of December 31, 2025
            Kel. Cigugur Tengah, Kec. Cimahi Tengah
            Kota Cimahi, Jawa Barat                                                        Rp1.123.669.279.400,00
            Probiotec Pharma Pty Limited
            79-85 Cherry Lane, Laverton North VIC, 3026                                    Akta Perubahan Anggaran Dasar Terakhir
            Probiotec LJM Pty Ltd                                                          Deed of the Latest Amendment to
            15-31 Americain Way, Dandenong South VIC, 3175
            Probiotec Multipack Pty Ltd
                                                                                           the Articles of Association
            14 Dingu Place, Kemps Creek, NSW, 2178                                         Akta No. 20 tanggal 26 Mei 2025 dibuat di hadapan
                                                                                           Mochammad Nova Faisal S.H., M.KN., Notaris
                                                                                           Jakarta Selatan.
                                                                                           Deed No. 20 dated May 26, 2025 made before
                                                                                           Mochammad Nova Faisal S.H., M.KN., Notary in
                                                                                           South Jakarta.




            Bidang Usaha sesuai Anggaran Dasar
            Business Line according to the Articles of Association
            Kegiatan usaha utama Perseroan bergerak dalam Industri             The Company’s core business is engaged in Soap and Household
            Sabun dan Bahan Pembersih Keperluan Rumah Tangga,                  Cleaning Materials Industry, Cosmetics Industry for Human, Including
            Industri Kosmetik untuk Manusia, termasuk Pasta Gigi, Industri     Toothpaste, Pharmaceuticals Ingredients Industry for Humans,
            Bahan Farmasi untuk Manusia, Industri Produk Farmasi untuk         Pharmaceutical industry for Humans, Medical Devices Industry in
            Manusia, Industri Alat Kesehatan dalam Subgolongan 2101,           Subgroup 2101, Traditional Medicinal Industry for Humans, Industry
            Industri Produk Obat Tradisional untuk Manusia, Industri           of Non-Clinical Laboratory Equipment, Pharmaceutical, and Health
            Alat-Alat Laboratorium Non-Klinis, Farmasi dan Kesehatan           made of Glass, Industry of Clinical Laboratory Equipment made of
            dari Kaca, Industri Alat Laboratorium Klinis dari Kaca, Industri   Glass, Manufacture of Other Plastic Goods That Cannot Be Classified
            Barang Plastik Lainnya yang Tidak Dapat Diklasifikasikan           Elsewhere, Wholesale Trade of Laboratory Equipment, Pharmaceutical
            di Tempat Lain, Perdagangan Besar Alat Laboratorium, Alat          Equipment and Medical Devices for Human Use; Industry of Non-Clinical
            Farmasi, dan Alat Kedokteran untuk Manusia, Industri Alat-alat     Laboratory, Pharmaceutical, and Healthcare Equipment Made of Glass;
            Laboratorium Non-Klinis, Farmasi, dan Kesehatan dari Kaca,         and Industry of Laboratory Equipment Made of Glass, Wholesale Trade
            Industri Alat Laboratorium dari Kaca, Perdagangan Besar Obat       of Pharmaceutical Drugs for Humans, Wholesale Trade of Traditional
            Farmasi untuk Manusia, Perdagangan Besar Obat Tradisional          Medicines for Humans, Wholesale Trade of Cosmetics for Humans,
            untuk Manusia, Perdagangan Besar Kosmetik untuk Manusia,           Wholesale Trade of Laboratory Equipment, Pharmaceutical Equipment,
            Perdagangan Besar Alat Laboratorium, Alat Farmasi dan Alat         and Medical Devices for Human Use, and Laboratory Testing Services.
            Kedokteran untuk Manusia, serta Jasa Pengujian Laboratorium.

            Kegiatan usaha penunjang Perseroan bergerak dalam Aktivitas        The Company’s supporting business activities are engaged in Holding
            Perusahaan Holding dan Aktivitas Konsultasi Manjemen               Company Activities and Other Management Consulting Activities.
            Lainnya.




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Riwayat Singkat
Brief History




PT Pyridam Farma Tbk memulai perjalanannya sebagai perusahaan yang berfokus pada produksi dan
pemasaran produk veteriner untuk mendukung kesehatan hewan. Seiring berkembangnya kebutuhan dan
peluang pasar, Perseroan mengambil langkah strategis dengan melakukan diversifikasi usaha ke sektor
farmasi pada tahun 1985. Inisiatif ini menjadi tonggak penting yang menandai transformasi Perseroan
menuju perusahaan farmasi yang lebih kompetitif dan berorientasi pada pengembangan layanan
kesehatan manusia.
PT Pyridam Farma Tbk began its journey as a company focused on the production and marketing of
veterinary products to support animal health. In response to evolving market needs and opportunities,
the Company took a strategic step by diversifying into the pharmaceutical sector in 1985. This initiative
marked a significant milestone, signaling the Company’s transformation into a more competitive
pharmaceutical enterprise with a strong focus on human healthcare services.



Sebagai bagian dari upaya memperkuat struktur bisnis, pada             As part of efforts to strengthen its business structure,
tahun 1993 Perseroan mendirikan PT Pyridam Veteriner untuk             the Company established PT Pyridam Veteriner in 1993
memisahkan fokus bisnis farmasi dan veteriner sehingga                 to separate the pharmaceutical and veterinary business
masing-masing segmen dapat berkembang lebih optimal.                   segments, allowing each to develop optimally. Commitment to
Komitmen terhadap peningkatan kapasitas operasional                    increasing operational capacity was further realized through
kemudian diwujudkan melalui pembangunan fasilitas produksi             the construction of a modern production facility in Cibodas,
modern di Cibodas, Jawa Barat pada tahun 1995, yang menjadi            West Java, in 1995, a strategic step to reinforce the Company’s
langkah strategis dalam memperkuat rantai pasok dan standar            supply chain and manufacturing standards. Another milestone
manufaktur Perseroan. Tonggak sejarah berikutnya terjadi pada          was achieved in 2000 when the Company conducted its
tahun 2000 ketika Perseroan melaksanakan Penawaran Umum                Initial Public Offering (“IPO”) and officially listed its shares on
Perdana (Initial Public Offering/”IPO”) dan resmi mencatatkan          the Indonesia Stock Exchange under the name PT Pyridam




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Tata Kelola Perusahaan yang Baik             Laporan Keberlanjutan
  Good Corporate Governance                   Sustainability Report




sahamnya di Bursa Efek Indonesia dengan nama PT Pyridam               Farma Tbk. This achievement opened access to broader
Farma Tbk. Pencapaian ini membuka akses terhadap sumber               funding sources while strengthening the Company’s position
pendanaan yang lebih luas sekaligus memperkuat posisi                 as a transparent and accountable player in the national
Perseroan sebagai pelaku industri farmasi nasional yang               pharmaceutical industry.
transparan dan akuntabel.


Memasuki era modern, Perseroan terus memperluas kapasitas             Entering the modern era, the Company continues to expand its
dan kapabilitasnya melalui investasi pada teknologi produksi,         capacity and capabilities through investments in production
riset berbasis sains, dan pemanfaatan kecerdasan buatan               technology, science-based research, and the utilization
(Artificial Intelligence/”AI”) untuk mendorong efisiensi, inovasi     of Artificial Intelligence (“AI”) to drive efficiency, product
produk, dan ketepatan proses pengembangan. Didukung oleh              innovation, and development process accuracy. Supported
sumber daya manusia yang kompeten serta jaringan distribusi           by a competent human resources and an increasingly robust
yang semakin kuat, Perseroan berkomitmen untuk senantiasa             distribution network, the Company remains committed to
menghadirkan produk kesehatan yang berkualitas, aman,                 delivering healthcare products that are high-quality, safe, and
dan relevan dengan kebutuhan masyarakat. Melalui berbagai             aligned with societal needs. Through continuous transformation
inisiatif transformasi dan inovasi yang berkelanjutan, Perseroan      and innovation initiatives, the Company affirms its aspiration to
menegaskan aspirasinya untuk menjadi perusahaan farmasi               become a modern, highly competitive pharmaceutical company
modern yang berdaya saing tinggi dan mampu memberikan                 capable of delivering sustainable value to all stakeholders.
nilai tambah bagi para pemangku kepentingan.




Perubahan Organisasi yang Bersifat Signifikan                         Significant Organizational Changes
[POJK C.6]                                                            [POJK C.6]
Perseroan mengalami perubahan organisasi yang bersifat                The Company experienced a significant organizational change
signifikan selama tahun 2025, yaitu Perseroan mendirikan              during 2025, namely the establishment of a Subsidiary,
Entitas Anak, PT Medika Inovasi Nusantara (“MIN"), berdasarkan        PT Medika Inovasi Nusantara (“MIN”), under the laws of
hukum Republik Indonesia dan dimiliki oleh Perseroan. Selain          the Republic of Indonesia and owned by the Company. Other
pendirian Entitas Anak baru tersebut, sepanjang tahun 2025,           than the establishment of this new Subsidiary, there were no
tidak terdapat perubahan organisasi lainnya yang bersifat             other significant organizational changes throughout 2025,
signifikan, baik merger/penggabungan perusahaan maupun                including mergers/consolidations or the closure of branch
penutupan kantor cabang/pabrik/unit usaha.                            offices/factories/business units.




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Visi dan Misi                  [POJK C.1]

Vision and Mission




                                                                                            VISI
                                                                                              Vision
                                                                         Menjadi salah satu perusahaan solusi
                                                                        kesehatan terkemuka di Indonesia yang
                                                                          terus berinovasi dan menghasilkan
                                                                             berbagai produk berkualitas.
                                                                        To become one of the leading healthcare-solution
                                                                        company in Indonesia that continues to innovate
                                                                          and produces variety of high-quality products.




Nilai-Nilai Perusahaan
Corporate Values


Perseroan meyakini bahwa keberhasilan jangka panjang                   The Company believes that long-term success is rooted in
berawal dari nilai-nilai yang kuat. Oleh karena itu, Program           strong values. Accordingly, the Company Value Program
Company Value terus menjadi sarana utama dalam                         continues to serve as the primary means of introducing and
memperkenalkan dan menanamkan Nilai-Nilai Perusahaan                   instilling the Core Values across all employees. Through
kepada seluruh insan Perseroan. Melalui kolaborasi erat dengan         close collaboration with the Human Resources Division, these
Divisi Human Resources, nilai-nilai tersebut didorong untuk tidak      values are encouraged not only to be understood but also to
hanya dipahami, tetapi juga hidup dalam setiap tindakan dan            be reflected in daily actions and decision-making. Through
keputusan kerja sehari-hari. Melalui sosialisasi dan pelatihan         ongoing dissemination and training, a strong corporate culture
berkelanjutan, budaya perusahaan yang kuat terbentuk, menjadi          is cultivated, serving as a strategic foundation for achieving
landasan strategis bagi tercapainya Visi dan Misi Perseroan.           the Company’s Vision and Mission.




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Tata Kelola Perusahaan yang Baik         Laporan Keberlanjutan
  Good Corporate Governance               Sustainability Report




                                                  MISI Mission
                                                                      Melakukan penelitian dan pengembangan untuk
                                                                      menghasilkan produk-produk yang terbaik.
                                                                      Continue to do research and development to
                                                                      produce the best products.


                                                                      Menjalin kerja sama dengan mitra bisnis
                                                                      yang unggul di bidangnya.
                                                                      Establish collaboration with eminent
                                                                      business partner in their respective field.


                                                                      Mengembangkan sumber daya manusia yang
                                                                      terampil serta adaptif terhadap perubahan.
                                                                      Develop skillful human resources that adaptive to
                                                                      changes.



                                                           Peninjauan Visi dan Misi
                                                           Review of Vision and Mission
                                                           Dewan Komisaris dan Direksi secara berkala meninjau Visi dan Misi Perseroan.
                                                           Berdasarkan peninjauan yang dilakukan tahun 2025, Dewan Komisaris dan
                                                           Direksi memandang bahwa Visi dan Misi tetap sesuai dengan kebutuhan pasar,
                                                           perkembangan industri, dan arah pertumbuhan Perseroan.
                                                           The Board of Commissioners and the Board of Directors periodically review
                                                           the Company’s Vision and Mission. Based on the review conducted in 2025,
                                                           both Boards concluded that the Vision and Mission remain aligned with market
                                                           needs, industry developments, and the Company’s growth direction.




           Inovasi                   Profesional                             Cekatan                          Kerja sama
         Innovation                  Professional                             Agile                           Team work
  Terus berinovasi dalam             Menjunjung tinggi                   Siap menghadapi                   Saling mendukung
          produk                      standar kualitas                  berbagai tantangan.               untuk mencapai hasil
    dan layanan kami.              untuk mitra bisnis dan                                                        terbaik.
                                     pelanggan kami.
   Continuing to innovate            Upholding quality                      Ready to face                  Mutually supporting
    in our products and              standards for our                   various challenges.              each other to achieve
         services.                 business partners and                                                    the best results.
                                        customers.



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 Performance Highlights                     Management Reports                 Company Profile                       Management Discussions and Analysis




Jejak Langkah
Milestones


 1976                                                    1993                                               2002
 Perseroan didirikan oleh Ir. Sarkri Kosasih             PT Pyridam Veteriner didirikan dengan              Perseroan memberikan dividen dalam bentuk
 dengan nama PT Pyridam pada tanggal                     tujuan berkonsentrasi pada usaha                   saham secara proporsional sesuai persentase
 27 November 1976 sesuai Akta Notaris                    obat-obatan hewan, sementara Perseroan             kepemilikan saham.
 No. 31 tanggal 27 November 1976 dari oleh Tan           fokus pada obat-obatan manusia dan                 The Company distributed dividends in the form
 Thong Kie, Notaris di Jakarta (“Akta Pendirian”).       peralatan laboratorium.                            of shares proportionally to the shareholding
 Kegiatan awal Perseroan adalah memproduksi              PT Pyridam Veteriner was established to            ratio.
 dan memasarkan obat-obatan untuk hewan.                 stay focused on the veterinary product
 Pemasarannya melalui para agen penjualan                business while the Company focuses
 di kota-kota besar Indonesia.                           on the business of human medicine and
                                                                                                            2006
 The Company was established by Ir. Sarkri               laboratory apparatus/equipment.                    PT Pyridam Farma Tbk mulai penjualan ekspor
 Kosasih under the name PT Pyridam on                                                                       ke Filipina. Perseroan meningkatkan investasi
                                                                                                            untuk menambah kapasitas produksi minuman
 November 27, 1976 pursuant to Notarial
 Deed No. 31 dated November 27, 1976
                                                         1995                                               berenergi M-150 dalam bentuk bubuk dan
                                                         Perseroan membangun pabrik (fasilitas              produk-produk lainnya, bekerja sama dengan
 made by Thong Kie, Notary in Jakarta
                                                         produksi) yang berlokasi di Jl. Hanjawar,          PT Osotspa ABC Indonesia.
 (“Deed of Establishment”). At the early
 stage, the main activities of PT Pyridam                Pacet, Cibodas, Kecamatan Pacet,                   PT Pyridam Farma Tbk started export activities
                                                         Kabupaten Cianjur, Jawa Barat.                     to the Philippines. The Company increased
 were producing and marketing veterinary
                                                                                                            its investment for the purpose to increase
 products. The marketing was done through                The Company built a factory (production
                                                                                                            production capacity of M-150 energy drink in
 sales agents in several major cities in                 facility) located in Jl. Hanjawar, Pacet,          powder and other products, in collaboration
 Indonesia.                                              Cibodas, Kecamatan Pacet, Kabupaten                with PT Osotspa ABC Indonesia.
                                                         Cianjur, Jawa Barat.




 1985
 Perseroan melakukan diversifikasi untuk pengembangan                     2000
 dengan memproduksi dan mengembangkan obat-obatan
                                                                          Pabrik produksi milik Perseroan resmi beroperasi. Pada tahun yang sama,
 untuk manusia. Di tahun 1985, Perseroan juga memperoleh
                                                                          Perseroan menyelesaikan IPO atas 120.000.000 saham biasa dan tercatat
 kepercayaan dari beberapa perusahaan luar negeri untuk
                                                                          pada Bursa Efek Jakarta yang kemudian berubah nama menjadi Bursa Efek
 memasarkan produk alat kesehatan, khususnya untuk sektor
                                                                          Indonesia. Perseroan melakukan perubahan nama dari PT Pyridam menjadi
 laboratorium.
                                                                          PT Pyridam Farma Tbk dalam rangka IPO Perseroan berdasarkan Akta Berita
 The Company diversified its business by producing and                    Acara Perseroan No. 267 tanggal 23 Desember 2000, yang dibuat di hadapan
 developing human medicines at the initial stage of its                   Tse Min Suhardi, S.H., Notaris di Jakarta yang telah disetujui oleh Menteri Kehakiman
 business expansion. In 1985, the Company was also                        dan Hak Asasi Manusia Republik Indonesia berdasarkan Surat Keputusan
 honoured by several overseas principals with marketing                   No. C-00321 HT.01.04.TH.2001, tanggal 25 April 2001.
 rights of their medical equipment products in Indonesia,
                                                                          The Company’s production factory started its operation. In the same year,
 particularly in the laboratory sector.
                                                                          the Company completed an Initial Public Offering (“IPO”) of 120,000,000
                                                                          common shares and was listed on the Jakarta Stock Exchange which later
                                                                          changed its name to Indonesia Stock Exchange. The Company’s name
                                                                          was changed from PT Pyridam into PT Pyridam Farma Tbk for the IPO of
                                                                          the Company’s Shares based on the Deed of Minutes of the Company No. 267,
                                                                          dated December 23, 2000, made before Tse Min Suhardi, S.H., Notary in Jakarta
                                                                          which has been approved by the Minister of Law and Human Rights of Republic
                                                                          of Indonesia based on Decree No. C-00321 HT.01.04.TH.2001, dated April 25, 2001.




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Tata Kelola Perusahaan yang Baik                 Laporan Keberlanjutan
  Good Corporate Governance                       Sustainability Report




   2016                                                                      2021
   Dalam rangka memenuhi peraturan Pemerintah dan                            • Perseroan menerbitkan Obligasi I Pyridam Farma Tahun 2020 senilai
   otoritas yang berwenang pada tahun 2016, Perseroan telah                    Rp300 miliar, dimana obligasi tersebut telah dicatatkan di PT Bursa
   menyelesaikan penyusunan Tata Kelola Perseroan yang Baik                    Efek Indonesia pada 14 Januari 2021.
   dan mengunggahnya pada halaman web Perseroan yang meliputi:               • Perseroan mendirikan 4 (empat) Entitas Anak, yaitu PT Pyfa Medika
   1. Pedoman Tata Kelola Perusahaan yang Baik (Good Corporate                 Indonesia, PT Mega Inter Distrindo (“PT MID”), PT Pyfa Investama
      Governance/”GCG”);                                                       Medika, dan PT Pyfa Sehat Indonesia (“PT PSI”).
   2. Board Manual;                                                          • Pada tanggal 28 Desember 2021, Perseroan melaksanakan
   3. Standar Perilaku;                                                        pengambilalihan saham PT Holi Pharma (“Holi”) dan pada 30 Desember
   4. Manajemen Risiko;                                                        2021, Perseroan melakukan peningkatan modal dalam Holi sehingga
                                                                               kepemilikan saham Perseroan dalam Holi secara langsung menjadi
   5. Piagam Komite Audit; dan
                                                                               99,99% dan secara tidak langsung menjadi 100% melalui kepemilikan
   6. Piagam Unit Internal Audit.
                                                                               saham dalam Holi oleh PT PSI sebesar 0,01%.
   In order to comply with Government regulations and                        • Perseroan memperoleh berbagai penghargaan, di antaranya adalah
   the competent Authorities, in 2016, the Company has completed               Top 5 Performing Listed Companies: Top 5 Rising Company in the Pandemic
   the preparation of Good Corporate Governance and uploaded it                Era dari Majalah Investor, Indonesia Best Business Transformation 2022
   to the Company’s web page, which includes:                                  dari Majalah SWA, dan Top 50 Best of the Best Public Listed Companies
   1. Good Corporate Governance (“GCG”) Guidelines;                            dari Forbes Indonesia.
   2. Board Manual;                                                          • The Company issued Obligasi I Pyridam Farma Year 2020 amounting
   3. Code of Conduct;                                                         to Rp300 billion, of which the bonds have been listed on Indonesia
   4. Risk Management;                                                         Stock Exchange on January 14, 2021.
   5. Audit Committee Charter; and                                           • The Company established 4 (four) Subsidiaries, namely PT Pyfa Medika
   6. Internal Audit Unit Charter.                                             Indonesia, PT Mega Inter Distrindo (“PT MID”), PT Pyfa Investama
                                                                               Medika, and PT Pyfa Sehat Indonesia (“PT PSI”).
   2017                                                                      • On December 28, 2021, the Company acquired the shares of PT Holi
                                                                               Pharma (“Holi”) and on December 30, 2021, the Company increased
   PT Pyridam Farma Tbk membagikan dividen bentuk uang tunai
                                                                               the capital in Holi so that the Company’s share ownership in
   Rp2,90 per lembar saham dengan total Rp1,55 miliar.                         Holi directly became 99.99% and indirectly became 100% through
   PT Pyridam Farma Tbk distributed cash dividend of Rp2.90 per                the share ownership in Holi by PT PSI by 0.01%.
   share amounting to a total of Rp1.55 billion.                             • The Company received several awards, including Top 5 Performing
                                                                               Listed Companies: Top 5 Rising Company in the Pandemic Era from
   2019                                                                        Investor Magazine, Indonesia Best Business Transformation 2022 from
                                                                               SWA Magazine, and Top 50 Best of the Best Public Listed Companies
   Perseroan membagikan dividen bentuk uang tunai Rp4,00 per                   from Forbes Indonesia.
   lembar saham dengan total Rp2,14 miliar.
   The Company distributed cash dividend of Rp4.00 per share
   amounting in total of Rp2.14 billion.




   2020
   • Pada tanggal 20 Juli 2020 telah terjadi penjualan saham Perseroan         • On July 20, 2020, shares of PT Pyridam Internasional are sold to
     dari PT Pyridam Internasional kepada Rejuve Global Investment               Rejuve Global Investment Pte. Ltd. amounting to 254,736,579 shares
     Pte. Ltd. sejumlah 254.736.579 lembar saham atau sekitar 47,61%             or approximately 47.61% of the total issued and paid-up capital. This
     dari total modal ditempatkan dan disetor Perseroan. Perubahan               change of ownership makes Rejuve Global Investment Pte. Ltd. as
     kepemilikan ini menjadikan Rejuve Global Investment Pte. Ltd.               the Controlling Shareholder. This announcement of the Company’s
     sebagai Pemegang Saham Pengendali Perseroan. Pengumuman                     acquisition has been announced in the Harian Koran Neraca on July
     pengambilan Perseroan ini telah diumumkan pada Harian Koran                 21, 2020 by Rejuve Global Investment Pte. Ltd.
     Neraca tanggal 21 Juli 2020 oleh Rejuve Global Investment Pte. Ltd.
   • Perseroan memindahkan kantor pusatnya ke Sinarmas MSIG Tower Lt.          • The Company relocated its head office to Sinarmas MSIG Tower
     12, Jl. Jenderal Sudirman Kav. 21, RT 10/RW 01, Kuningan, Karet, Kec.       12th Fl. Jl. Jenderal Sudirman Kav. 21, RT 10/RW 01, Kuningan, Karet,
     Setiabudi, Kota Jakarta Selatan, 12920.                                     Kecamatan Setiabudi, Kota Jakarta Selatan, 12920.
   • Perseroan melakukan investasi sebesar 990 lembar saham atau sekitar       • The Company made investment of 990 shares or about 99.00%
     99,00% saham pada Pyfa Health Singapore Pte. Ltd.                           shares in PYFA Health Singapore Pte. Ltd.
   • Perseroan memperoleh penghargaan “Best of the Best Awards: The            • The Company received the “Best of the Best Awards: The Top 50
     Top 50 Companies for 2020” dari Forbes Indonesia, di mana Perseroan         Companies for 2020” from Forbes Indonesia, where the Company is
     termasuk sebagai salah satu dari 50 High Performing Public Listed           one of the 50 High Performing Public Listed Companies in Indonesia.
     Companies di Indonesia.



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    Ikhtisar Kinerja                  Laporan Manajemen                   Profil Perusahaan                  Analisis dan Pembahasan Manajemen
Performance Highlights                Management Reports                  Company Profile                    Management Discussions and Analysis




2022                                                                                 2024
• Pada 25 Februari 2022, Perseroan melakukan Penawaran Umum                          • Pada tahun 2024, telah dilaksanakan Rapat Umum
  Berkelanjutan Obligasi Berkelanjutan I Pyridam Farma Tahap I Tahun 2022              Pemegang Saham (“RUPS”) Luar Biasa sebanyak 2 (dua)
  dengan jumlah pokok Obligasi sebesar Rp400.000.000.000,00. Target Dana               kali, yaitu (i) RUPS Luar Biasa pertama yang diadakan pada
  Obligasi Berkelanjutan yang dihimpun sebesar Rp1.200.000.000.000,00.                 tanggal 4 Januari 2024 dengan agenda (a) Persetujuan
• Pada Juli 2022, Perseroan telah melaksanakan pengambilalihan seluruh                 rencana Perseroan untuk melakukan Penambahan Modal
  saham perusahaan PT Ethica Industri Farmasi (“Ethica”). Kepemilikan                  dengan Hak Memesan Efek Terlebih Dahulu I Tahun 2024
  saham Perseroan dalam Ethica secara langsung menjadi 99,99%                          (“PMHMETD I”) sesuai dengan Pasal 8 ayat (1) POJK
  dan secara tidak langsung menjadi 100% melalui kepemilikan saham                     No. 32/2015 tentang Penambahan Modal Perusahaan
  dalam Ethica oleh PT PSI sebesar 0,01%. Selain itu, PT PSI juga telah                Terbuka dengan Memberikan Hak Memesan Efek Terlebih
                                                                                       Dahulu, sebagaimana diubah dengan POJK No. 14/2019
  menyelesaikan transaksi pengambil bagian saham Indopacific Health
                                                                                       tentang Perubahan atas Peraturan Otoritas Jasa Keuangan
  Technology Pte. Ltd. Suatu Perseroan Terbatas yang didirikan berdasarkan
                                                                                       No. 32/POJK.04/2015 tentang Penambahan Modal
  hukum Singapura (“IHT”) yang mengakibatkan PT PSI memiliki kepemilikan
                                                                                       Perusahaan Terbuka dengan Memberikan Hak Memesan
  saham sebesar 6,76% dari modal ditempatkan dan disetor pada IHT.                     Efek Terlebih Dahulu; dan (b) Persetujuan peningkatan
• On February 25, 2022, the Company conducted Continuing Public Offering               modal dasar, ditempatkan dan disetor Perseroan dalam
  of Obligasi Berkelanjutan I Pyridam Farma Tahap I Year 2022 with                     rangka PMHMETD I dan perubahan Pasal 4 Anggaran Dasar
  a Principal Amount of Rp400,000,000,000. The target of the Sustainable               Perseroan; dan (ii) RUPS Luar Biasa kedua yang diadakan
  Bond Funds raised is Rp1,200,000,000,000.                                            pada tanggal 22 Mei 2024 dengan agenda Persetujuan
• In July 2022, the Company has carried out the acquisition of all shares              atas transaksi material berdasarkan Pasal 6 ayat (1) huruf
  of PT Ethica Industri Farmasi (“Ethica”). The Company’s share ownership              d angka 1 POJK No. 17/2020 tentang Transaksi Material
  in Ethica directly becomes 99.99% and indirectly becomes 100% through                dan Perubahan Kegiatan Usaha yakni sehubungan dengan
  the ownership of shares in Ethica by PT PSI of 0.01%. In addition,                   rencana Perseroan untuk melakukan pengambilalihan atas
  PT PSI has also completed a transaction to acquire shares of Indopacific             seluruh saham yang dikeluarkan oleh Probiotec Pty Ltd,
                                                                                       suatu perusahaan yang didirikan berdasarkan Hukum Negara
  Health Technology Pte. Ltd. A Limited Liability Company established under
                                                                                       Australia (Pengambilalihan), di mana Pengambilalihan
  the laws of Singapore (“IHT”) which resulted in PT PSI owning 6.76% of
                                                                                       dilakukan melalui salah satu perusahaan terkendali dari
  the issued and paid-up capital in IHT.
                                                                                       Perseroan, yaitu PAPL, merupakan perusahaan yang
                                                                                       didirikan berdasarkan Hukum Negara Australia.




2023
• Pada tahun 2023, telah dilaksanakan Rapat Umum Pemegang
  Obligasi (“RUPO”) sebanyak 2 (dua) kali, yaitu Rapat Umum Pemegang
  Obligasi – Obligasi Berkelanjutan I Pyridam Farma Tahap I Tahun 2022
  yang diadakan pada tanggal 10 Juli 2023 dengan agenda Perubahan
                                                                                     2024
  Penggunaan Dana hasil Penawaran Umum Obligasi Berkelanjutan I                      • In 2024, the Company held 2 (two) Extraordinary General
  Pyridam Farma Tahap I Tahun 2022, dan RUPO – Obligasi Pyridam Farma                  Meetings of Shareholders (“EGMS”), namely (i) the first
  I Tahun 2020 yang diadakan pada tanggal 21 Agustus 2023 dengan                       Extraordinary GMS held on January 4, 2024, with the agenda
  agenda Pelunasan lebih awal Obligasi Pyridam Farma I Tahun 2020.                     (a) Approval of the Company’s plan to conduct a Right Issue
• Pada tanggal 15 September 2023, Perseroan telah menerbitkan Obligasi                 (“PMHMETD I”) in accordance with Article 8 paragraph
  Berkelanjutan I Pyridam Farma Tahap II Tahun 2023 dengan jumlah                      (1) of POJK No. 32/2015 regarding the Capital Increase
  pokok sebesar Rp400.000.000.000,00 dengan tingkat bunga tetap                        of Public Companies by Granting Pre-emptive Rights, as
  sebesar 9,50%.                                                                       amended by POJK No. 14/2019 regarding Amendments to
• Pada 21 Desember 2023, Perseroan telah menandatangani Scheme                         Financial Services Authority Regulation No. 32/POJK.04/2015
  Implementation Deed dengan Pyfa Australia Pty Ltd (PAPL) dan Probiotec               on Capital Increase of Public Companies by Granting
  Pty Ltd (“Probiotec”), yang merupakan suatu perjanjian mengikat bersyarat            Pre-emptive Rights; and (b) Approval for the increase
  sehubungan dengan rencana PAPL untuk melakukan pengambilalihan                       in authorized capital, issued and paid-up capital in
  atas seluruh saham yang telah diterbitkan oleh Probiotec.                            connection with PMHMETD I and the amendment to
• Pada 28 Desember 2023, pengalihan PT MID kepada pihak ketiga.                        Article 4 of the Company’s Articles of Association; and (ii)
                                                                                       the second Extraordinary GMS held on May 22, 2024,
• In 2023, General Meeting of Bondholders was held 2 (two) times, namely
                                                                                       with the agenda Approval of material transactions based
  General Meeting of Bondholders – Obligasi Berkelanjutan I Pyridam Farma
                                                                                       on Article 6 paragraph (1) letter d number 1 of POJK
  Tahap I Year 2022, which was held on July 10, 2023, with the agenda of
                                                                                       No. 17/2020 regarding Material Transactions and Changes
  Changes in the Use of Funds of Obligasi Berkelanjutan I Pyridam Farma
                                                                                       in Business Activities, related to the Company’s plan to
  Tahap I Year 2022 and General Meeting of Bondholders – Obligasi Pyridam
                                                                                       acquire all shares issued by Probiotec Pty Ltd, a company
  Farma I Year 2020, which was held on August 21, 2023, with the agenda of
                                                                                       established under Australian law (Acquisition), where
  early repayment of Obligasi Pyridam Farma I Year 2020.
                                                                                       the Acquisition was carried out through one of the Company’s
• On September 15, 2023, the Company issued Obligasi Berkelanjutan
                                                                                       controlled subsidiaries, namely PAPL, a company established
  I Pyridam Farma Tahap II Year 2023 with the Principal Amount of
                                                                                       under Australian law.
  Rp400,000,000,000 with a fixed interest rate of 9.50%.
• On December 21, 2023, the Company has signed a Scheme
  Implementation Deed with Pyfa Australia Pty Ltd (PAPL) and Probiotec
  Pty Ltd (“Probiotec”), which is a conditional binding agreement in
  connection with PAPL’s plan to take over all shares issued by Probiotec.
• On December 28, 2023, transfer of PT MID to a third party.



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Tata Kelola Perusahaan yang Baik               Laporan Keberlanjutan
  Good Corporate Governance                     Sustainability Report




   2024
   • Pada tanggal 27 Februari 2024, Perseroan telah menerbitkan Obligasi   • On February 27, 2024, the Company issued its Obligasi Berkelanjutan
     Berkelanjutan I Pyridam Farma Tahap III Tahun 2024 dengan jumlah        I Pyridam Farma Tahap III of 2024 with a principal amount of
     pokok sebesar Rp400.000.000.000,00 dengan tingkat bunga tetap           Rp400,000,000,000 and a fixed interest rate of 9.50%.
     sebesar 9,50%.
   • Pada tanggal 3 April 2024, Perseroan memperoleh pemberitahuan         • On April 3, 2024, the Company received a registration statement
     pernyataan pendaftaran dalam rangka PMHMETD I dari Otoritas             notification for PMHMETD I from the Financial Services Authority
     Jasa Keuangan dan telah melaksanakan PMHMETD I dengan jumlah            and successfully carried out PMHMETD I, raising a total amount of
     dana sebanyak-banyaknya Rp1.070.160.000.000,00.                         Rp1,070,160,000,000.
   • Pada tanggal 22 Mei 2024, Perseroan mengalihkan sebanyak 99%          • On May 22, 2024, the Company transferred 99% of its share
     kepemilikan sahamnya pada PAPL kepada perusahaan terkendali,            ownership in PAPL to a controlled company, Pyfa Health Singapore
     yaitu Pyfa Health Singapore Pte. Ltd. (“PHSG”).                         Pte. Ltd. (“PHSG”).
   • Pada Juni 2024 Perseroan melalui salah satu perusahaan terkendali,    • In June 2024, the Company through one of its controlled
     yaitu PAPL melakukan pengambilalihan atas seluruh saham yang            companies, PAPL, acquired all fully paid shares issued by
     dikeluarkan dan disetor penuh pada Probiotec Pty Ltd (dahulu            Probiotec Pty Ltd (formerly known as Probiotec Limited),
     Probiotec Limited), suatu perusahaan yang didirikan berdasarkan         a company established under Australian law.
     Hukum Negara Australia.
   • Pada tanggal 7 Oktober 2024, Perseroan memperoleh penghargaan         • On October 7, 2024, the Company received the “Best Employer Brand
     “Best Employer Brand Awards 2024” dari World HRD Congress.              Awards 2024” from the World HRD Congress.




   2025
   • Pada tanggal 20 Februari 2025, Perseroan mendirikan                   • On February 20, 2025, the Company established a
     Entitas Anak, yaitu PT Medika Inovasi Nusantara                         Subsidiary, namely PT Medika Inovasi Nusantara
     (“MIN”), yang didirikan berdasarkan hukum Republik                      (“MIN”), which was established under the laws of the
     Indonesia dan dimiliki oleh Perseroan.                                  Republic of Indonesia and is owned by the Company.
   • Pada tanggal 30 Juni 2025, Perseroan telah                            • On June 30, 2025, the Company issued Pyridam
     menerbitkan Obligasi Berkelanjutan II Pyridam Farma                     Farma Continuous Bonds II Phase I Year 2025 with
     Tahap I Tahun 2025 dengan jumlah pokok sebesar                          a principal amount of Rp420,000,000,000 at a fixed
     Rp420.000.000.000,00 dengan tingkat bunga tetap                         interest rate of 9.00%.
     sebesar 9,00%.
   • Pada tahun 2025, Perseroan menyelenggarakan                           • In 2025, the Company organized 1 (one) General
     Rapat Umum Pemegang Obligasi (“RUPO”) sebanyak                          Meeting of Bondholders (“RUPO”), held on November
     1 (satu) kali, yaitu pada tanggal 21 November                           21, 2025, in relation to the Pyridam Farma Phase III
     2025, sehubungan dengan Obligasi Berkelanjutan I                        Continuous Bonds I Year 2024.
     Pyridam Farma Tahap III Tahun 2024.
   • Pada tahun 2025, Tim Legal dan Corporate Secretary                    • In 2025, the Legal and Corporate Secretary
     Perseroan memperoleh penghargaan “In-House Team                         Team received the “In-House Team of the Year –
     of the Year-Pharmaceutical” dari ALB South East Asia,                   Pharmaceutical” award from ALB South East Asia,
     serta Tim Departemen Corporate Communications                           while the Corporate Communications Department
     memperoleh penghargaan Indonesia Most Reputable                         Team was awarded Indonesia Most Reputable
     Companies Champion 2025 dengan predikat                                 Companies Champion 2025 with a “Very Good”
     Very Good dari majalah SWA sebagai bentuk                               rating by SWA magazine, in recognition of their
     pengakuan atas kinerja dan kontribusi dalam                             performance and contributions in supporting
     mendukung tata kelola dan kepatuhan hukum                               the Company’s governance and legal compliance.
     Perseroan.




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       Ikhtisar Kinerja               Laporan Manajemen               Profil Perusahaan               Analisis dan Pembahasan Manajemen
   Performance Highlights             Management Reports              Company Profile                 Management Discussions and Analysis




Kegiatan Usaha                        [POJK C.4] [GRI 2-6]

Business Activities


Kegiatan usaha utama Perseroan mengacu pada Pasal                      The Company’s main business activities refer to Article 3 of
3 anggaran dasar Perseroan yang terdiri dari industri sabun dan        the Articles of Association, encompassing the following sectors:
bahan pembersih keperluan rumah tangga; industri kosmetik              soap and household cleaning materials industry, cosmetics
untuk manusia, termasuk pasta gigi; industri bahan farmasi             industry for human, Including toothpaste, pharmaceuticals
untuk manusia; industri produk farmasi untuk manusia; industri         ingredients industry for human, pharmaceutical industry for
alat kesehatan dalam subgolongan 2101; industri produk                 human, medical devices industry in subgroup 2101, traditional
obat tradisional untuk manusia; industri alat-alat laboratorium        medicinal industry for humans, industry of non-clinical laboratory
non-klinis, farmasi dan kesehatan dari kaca; industri alat             equipment, pharmaceutical, and health made of glass, industry
laboratorium klinis dari kaca; industri barang plastik lainnya         of clinical laboratory equipment made of glass, manufacture
yang tidak dapat diklasifikasikan di tempat lain, perdagangan          of other plastic goods that cannot be classified elsewhere,
besar alat laboratorium, alat farmasi, dan alat kedokteran untuk       wholesale trade of laboratory equipment, pharmaceutical
manusia, industri alat-alat laboratorium non-klinis, farmasi,          equipment, and medical devices for humans, industry of non-
dan kesehatan dari kaca, industri alat laboratorium dari kaca,         clinical laboratory, pharmaceutical, and healthcare equipment
perdagangan besar obat farmasi untuk manusia, perdagangan              made of glass, and industry of laboratory equipment made of
besar obat tradisional untuk manusia, perdagangan besar                glass, wholesale trade of pharmaceutical drugs for humans,
kosmetik untuk manusia, perdagangan besar alat laboratorium,           wholesale trade of traditional medicines for humans, wholesale
alat farmasi dan alat kedokteran untuk manusia, serta jasa             trade of cosmetics for humans, wholesale trade of laboratory
pengujian laboratorium. Selain itu, Perseroan juga menjalankan         equipment, pharmaceutical equipment, and medical devices
kegiatan usaha penunjang yang terdiri dari aktivitas perusahaan        for human use, and laboratory testing services. In addition, the
holding dan aktivitas konsultasi manajemen lainnya.                    Company also conducts supporting business activities, including
                                                                       holding company operations and other management consulting
                                                                       services.


Dengan pengelompokan tersebut, Perseroan berfokus pada                 Based on this classification, the Company focuses on 2 (two)
2 (dua) segmen usaha, yakni:                                           business segments, namely:
1. Produk farmasi, esthetic, dan jasa maklon; serta                    1. Pharmaceutical products, esthetics, and toll manufacturing
                                                                           services; and
2. Produk alat kesehatan.                                              2. Medical equipment products.


Kedua segmen usaha tersebut tetap dijalankan oleh Perseroan            Both business segments continued to be operated by
dan Entitas Anak sepanjang periode pelaporan tahun 2025                the Company and its Subsidiaries throughout the 2025 reporting
sebagai bagian dari kegiatan operasional utama grup.                   period as part of the group's core operational activities.



Produk dan Jasa                                                        Products and Services

Berikut adalah produk dan jasa yang dihasilkan oleh sepanjang          The products and services produced by the Company
tahun 2025 Perseroan.                                                  throughout 2025, are as follows.
1. Obat Resep, terdiri dari obat generik tidak bermerek,               1. Prescription Medicine, consist of unbranded generic
    obat generik bermerek hingga obat berlisensi. Produk                   medicine, branded generics up to licensed medicine. These
    ini didistribusikan ke rumah sakit, apotek, dan toko obat              products are distributed to hospitals, pharmacies, and drug
    di seluruh nusantara melalui jaringan distribusi yang                  stores across Indonesia through an integrated distribution
    terintegrasi.                                                          network.
2. Pyfaaesthetic, untuk produk ini, Perseroan bekerja sama             2. Pyfaesthetic, for this product, the Company partnered
    dengan perusahaan global terkemuka yang menyediakan                    with leading global companies that provides high quality
    produk dermatologis dan estetika berkualitas tinggi,                   dermatological and esthetic products, including dermafiller,
    termasuk dermafiller, skin booster, dan produk-produk                  skin booster, and other skincare and body care products.
    perawatan kulit dan perawatan tubuh lainnya.




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3. Consumer Health, terdiri dari obat Over The Counter (“OTC”)      3. Consumer Health consist of Over-The-Counter (“OTC”)
   yang dijual bebas, antara lain produk vitamin, suplemen,            medicines are sold freely, including vitamin products,
   dan produk pencegahan penyakit lainnya.                             supplements, and other disease prevention products.
4. Medical & Laboratorium Devices, terdiri dari berbagai            4. Medical & Laboratorium Devices Providing various medical
   peralatan dan perlengkapan medis untuk rumah sakit dan              equipment and tools for hospitals and laboratories which
   laboratorium yang sudah teruji secara klinis.                       have been clinically tested.
5. Contract Development and Manufacturing Organization              5. Contract Development and Manufacturing Organization
   (“CDMO”), dijalankan melalui Entitas Anak.                          (“CDMO”), operated through a Subsidiary.




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Wilayah Operasional dan Jaringan Distribusi
Operation and Distribution Area

Perseroan dan Entitas Anak menjalankan kegiatan usaha yang             The Company and its Subsidiaries conduct business activities
mencakup seluruh wilayah Indonesia serta Australia, yang               covering the entire territory of Indonesia as well as Australia,
digambarkan sebagai berikut:                                           as described below:




                                      1
                                                 3




                                             2

                                                      4




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                                                                          1. Kantor Pusat / Head Office
                                                                             Jakarta
                                                                             Sinar Mas Land Plaza Sudirman Lt. 12 / 12th Floor
                                                                             Jl. Jenderal Sudirman Kav. 21, RT 10/RW 01
                                                                             Kuningan, Karet
                                                                             Jakarta Selatan / South Jakarta 12920

                                                                          2. Fasilitas Produksi Pabrik / Factory Production Facilities
                                                                             Cianjur
                                                                             Jl. Hanjawar Pacet
                                                                             Pacet, Cianjur
                                                                             Jawa Barat 43253

                                                                          3. Pabrik Entitas Anak / Subsidiary’s Factory
                                                                             Cikarang
                                                                             (PT Ethica Industri Farmasi)
                                                                             Jl. Science Timur 2
                                                                             Kawasan Industri Jababeka Tahap V Blok B1B1
                                                                             Desa Jayamukti, Kec. Cikarang Pusat, Bekasi



                                                                          4. Pabrik Entitas Anak / Subsidiary’s Factory
                                                                             Cimahi
                                                                             (PT Holi Pharma)
                                                                             Jl. Mahar Martanegara No. 100
                                                                             Kel. Cigugur Tengah, Kec. Cimahi Tengah
                                                                             Kota Cimahi, Jawa Barat




1. Probiotec Pharma Pty Ltd
   79-85 Cherry Lane, Laverton North VIC, 3026

2. Probiotec LJM Pty Ltd
   15-31 Americain Way, Dandenong South VIC, 3175

3. Probiotec Multipack Pty Ltd
   14 Dingu Place, Kemps Creek, NSW, 2178




                                                                                                                                     3


                                                                                                                       1         2




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Struktur Organisasi
Organization Structure


Sebagai langkah adaptif terhadap dinamika bisnis, Perseroan
                                                                                                         Board of Commissioner
membentuk struktur organisasi dengan uraian sebagai berikut:
                                                                                                              Robby Yulianto
As an adaptive measure to business dynamics, the Company                                                 Widjanarko Brotosaputro
established an organizational structure with description                                                  Charles D. Marpaung
                                                                                                         Maura Linda Sitanggang
as below:



                                                                                                            President Director
                                                                                                              Lee Yan Gwan




                                                                  Director                                      Director
                                                           Sinta Lestari Ningsih                             Yenfrino Gunadi




       Head of
                             Internal Audit
 Pharmacovigilance
                            Panji Pamungkas
 Carlinda Nekawaty




                                                 Purchasing                                  HRD                                       Legal




   Commercial Excellence                             Tax                                General Affair                      Corporate Communication




                                              Finance, Reporting,
           Payroll                                                                            IT                                 Project Management
                                                   Analysis




         Accounting




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  Good Corporate Governance                          Sustainability Report




                                                                                                           Audit Committee
                                                                                                         Charles D. Marpaung
                                                                                                        Vladimir I. Pangemanan
                                                                                                              Wiriprasto




                                 Director                                       Director
                            Antes Eko Prasetio                               Bedjo Stefanus



                                                                                                                            Corporate Secretary
                                                                                                                         Herdiasti Anggitya Dwisani




                                                     Marketing &
             Sales                                                                            Plant                           GMP Compliance
                                                 Business Integration




            Sigma                                 Portfolio Planning                    Market Access




       Medical Affairs                              Pyfaesthetic




      Regulatory Affairs




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Profil Dewan Komisaris
Profile of the Board of Commissioners




                                                                 Robby
                                                                 Yulianto
                                                                 Komisaris Utama
                                                                 President Commissioner


                                                                 Warga Negara Indonesia, berusia 44 Tahun, berdomisili di Jakarta.
                                                                 Indonesian Citizen, 44 Years Old, domiciled in Jakarta.



        Dasar Pengangkatan:                                                           Riwayat Pendidikan dan/atau Sertifikasi:
        Legal Basis of Appointment:                                                   Educational Background and/or Certifications:
        • Diangkat pertama kali berdasarkan Akta Keputusan Rapat                      Sarjana Ilmu Bisnis Internasional jurusan Manajemen,
          Umum Pemegang Saham (“RUPS”) PT Pyridam Farma Tbk                           Auckland Institute of Business (2006).
          No. 622 tanggal 14 Agustus 2020 (“Akta No. 622/2020”);                      Bachelor of International Business majoring in Management
          serta                                                                       from Auckland Institute of Business (2006).
        • Diangkat kembali berdasarkan Akta Berita Acara RUPS
          Tahunan PT Pyridam Farma Tbk No. 135 tanggal 25 Juni                        Masa Jabatan:
          2025 (“Akta No. 135/2025”).
                                                                                      Terms of Appointment:
        • First appointed based on the Deed of Resolution of
          the General Meeting of Shareholders (“GMS”) of                              2025–2030
          PT Pyridam Farma Tbk No. 622 dated August 14, 2020
          (“Deed No. 622/2020”); and                                                  Rangkap Jabatan di Perusahaan Lain
        • Reappointed based on the Deed of Minutes of the Annual                      per 31 Desember 2025:
          GMS of PT Pyridam Farma Tbk No. 135 dated June 25,                          Concurrent Positions in Other Companies as of
          2025 (“Deed No. 135/2025”).                                                 December 31, 2025:
                                                                                      Per 31 Desember 2025, beliau tidak memiliki rangkap
        Pengalaman Kerja:                                                             jabatan pada perusahaan lain di luar grup usaha Perseroan.
        Work Experience:                                                              As of December 31, 2025, he did not hold concurrent
        Beliau   memiliki      beragam      jabatan   strategis dan                   positions in other companies outside the Company’s
        berpengalaman 12 tahun lebih dalam industri jasa karyawan                     business group.
        profesional, jasa pemeliharaan gedung, jasa keamanan, dan
        jasa parkir. Selain itu, beliau juga berpengalaman menjabat
        sebagai Komisaris PT Professional Human Resources                             Hubungan Afiliasi:
        (2007–2023), Komisaris Utama PT Shield On Service                             Affiliation:
        (2009–2023), Direktur PT Master Parking Indonesia                             Per 31 Desember 2025, beliau tidak memiliki hubungan
        (2009–2023), Direktur PT Safe Secured Solution                                afiliasi dengan anggota Dewan Komisaris lainnya, anggota
        (2009–2023), Komisaris PT Human Resources Solution                            Direksi, serta pemegang saham utama dan pengendali, baik
        (2009–2023), Direktur PT The Service Line (2013–2023),                        langsung maupun tidak langsung, sampai kepada pemilik
        Direktur PT SOS Indonesia (2014–2023), serta Direktur                         individu.
        PT Human Resources Provider (2016–2023).
                                                                                      As of December 31, 2025, he has no affiliation with other
        He held a number of strategic positions and has over 12 years                 members of the Board of Commissioners, Board of Directors,
        of experience in the professional employee services industry,                 or the major and controlling shareholders, either directly or
        building maintenance services, security services, and                         indirectly, up to the individual owner level.
        parking services. In addition, he served as Commissioner of
        PT Professional Human Resources (2007–2023), President                        Kepemilikan Saham:
        Commissioner of PT Shield On Service (2009–2023), Director
                                                                                      Share Ownership:
        of PT Master Parking Indonesia (2009–2023), Director of
        PT Safe Secured Solution (2009–2023), Commissioner of                         Per 31 Desember 2025, beliau tidak memiliki saham,
        PT Human Resources Solution (2009–2023), Director of                          baik secara langsung maupun tidak langsung, di Perseroan.
        PT The Service Line (2013–2023), Director of PT SOS                           As of December 31, 2025, he does not own any shares,
        Indonesia (2014–2023), and Director of PT Human                               either directly or indirectly, in the Company.
        Resources Provider (2016–2023).




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  Good Corporate Governance                               Sustainability Report




                                                                               Widjanarko
                                                                               Brotosaputro*)
                                                                               Komisaris
                                                                               Commissioner


                                                                               Warga Negara Indonesia, berusia 60 Tahun, berdomisili di Jakarta.
                                                                               Indonesian Citizen, 60 Years old, domiciled in Jakarta.



             Dasar Pengangkatan:                                                                Masa Jabatan:
             Legal Basis of Appointment:                                                        Terms of Appointment:
             Diangkat pertama kali berdasarkan Akta No. 135/2025.                               2025–2030
             First appointed based on Deed No. 135/2025.
                                                                                                Rangkap Jabatan di Perusahaan Lain
             Riwayat Pendidikan dan/atau Sertifikasi:                                           per 31 Desember 2025:
             Educational Background and/or Certifications:                                      Concurrent Positions in Other Companies as of
             • Profesi Dokter, Universitas Tarumanagara (1991); serta                           December 31, 2025:
             • Magister Ilmu Internasional Manajemen, Prasetya Mulya                            • Komisaris Utama PT Wahana Interfood Nusantara Tbk
               Business School (2002).                                                            (sejak 2025).
             • Medical Profession, Universitas Tarumanagara (1991); and                         • Komisaris Utama di Entitas Anak Perseroan, yaitu:
             • Master’s Degree in International Management, Prasetya                              - PT Holi Pharma.
               Mulya Business School (2002).                                                      - PT Ethica Industri Farmasi.
                                                                                                • Komisaris PT Medika Inovasi Nusantara (sejak 2025).
             Pengalaman Kerja:                                                                  • President Commissioner of PT Wahana Interfood
             Work Experience:                                                                     Nusantara Tbk (since 2025).
                                                                                                • President Commissioner of the Company’s Subsidiaries,
             Sebelum menjabat sebagai Komisaris Perseroan, beliau
                                                                                                  namely:
             menjabat sebagai Direktur Perseroan (2020–2025). Beliau
                                                                                                  - PT Holi Pharma.
             juga memiliki pengalaman kerja di sejumlah perusahaan,
                                                                                                  - PT Ethica Industri Farmasi.
             antara lain PT Novartis Biochemie, PT Combiphar/
                                                                                                • Commissioner PT Medika Inovasi Nusantara (since 2025).
             Sandoz Division, PT Prima Hexal, PT Yarindo Farmatama,
             PT Combiphar, PT Meprofarm, dan PT Ikapharmindo
             Putramas. Selain itu, beliau juga menjabat Komisaris Utama                         Hubungan Afiliasi:
             pada beberapa Entitas Anak Perseroan, seperti PT Holi                              Affiliation:
             Pharma (sejak 2023), PT Ethica Industri Farmasi (sejak                             Per 31 Desember 2025, beliau tidak memiliki hubungan afiliasi
             2023), dan PT Medika Inovasi Nusantara (sejak 2025).                               dengan anggota Dewan Komisaris lainnya, anggota Direksi,
             Prior to serving as a Commissioner of the Company,                                 serta pemegang saham utama dan pengendali, baik langsung
             he held the Director position (2020–2025). He also has work                        maupun tidak langsung, sampai kepada pemilik individu.
             experience in several companies, including PT Novartis                             As of December 31, 2025, he has no affiliation with other
             Biochemie, PT Combiphar/Sandoz Division, PT Prima Hexal,                           members of the Board of Commissioners, Board of Directors,
             PT Yarindo Farmatama, PT Combiphar, PT Meprofarm, and                              or the major and controlling shareholders, either directly or
             PT Ikapharmindo Putramas. In addition, he also serves                              indirectly, up to the individual owner level.
             as the President Commissioner in several Subsidiaries,
             including PT Holi Pharma (since 2023), PT Ethica Industri
             Farmasi (since 2023), and PT Medika Inovasi Nusantara
                                                                                                Kepemilikan Saham:
             (since 2025).                                                                      Share Ownership:
                                                                                                Per 31 Desember 2025, beliau tidak memiliki saham, baik
                                                                                                secara langsung maupun tidak langsung, di Perseroan.
*) Efektif menjabat sejak ditutupnya Rapat Umum Pemegang Saham (“RUPS”)                         As of December 31, 2025, he does not own any shares, either
Tahunan pada 18 Juni 2025.
                                                                                                directly or indirectly, in the Company.
*) Effective as of the closing of the Annual General Meeting of Shareholders
(“AGMS”) held on June 18, 2025.




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                                                                 Charles D.
                                                                 Marpaung
                                                                 Komisaris Independen
                                                                 Independent Commissioner


                                                                 Warga Negara Indonesia, berusia 71 Tahun, berdomisili di Jakarta.
                                                                 Indonesian Citizen, 71 Years Old, domiciled in Jakarta.



       Dasar Pengangkatan:                                                            Masa Jabatan:
       Legal Basis of Appointment:                                                    Terms of Appointment:
       • Pertama kali diangkat berdasarkan Akta Keputusan RUPS                        2025–2030
         PT Pyridam Farma Tbk No. 61 tanggal 10 Maret 2022
         (“Akta No. 61/2022”); serta
       • Diangkat kembali berdasarkan Akta No. 135/2025.
                                                                                      Rangkap Jabatan di Perusahaan Lain
       • First appointed based on the Deed of Resolution of the
                                                                                      per 31 Desember 2025:
         GMS of PT Pyridam Farma Tbk No. 61 dated March 10,                           Concurrent Positions in Other Companies as of
         2022 (“Deed No. 61/2022”); and                                               December 31, 2025:
       • Reappointed based on Deed No. 135/2025.                                      Per 31 Desember 2025, beliau tidak memiliki rangkap
                                                                                      jabatan pada perusahaan lain di luar grup usaha Perseroan.
       Riwayat Pendidikan dan/atau Sertifikasi:
       Educational Background and/or Certifications:                                  As of December 31, 2025, he did not hold concurrent
                                                                                      positions in other companies outside the Company’s
       • Doktorandus Akuntan, Universitas Indonesia (1981);
                                                                                      business group.
       • Master of Business Administration (“MBA”) jurusan
         Business & Finance, Pittsburg State University, USA
         (1988); serta                                                                Hubungan Afiliasi:
       • Doctor of Philosophy (“Ph.D.”) Monetary & International                      Affiliation:
         Finance, Oklahoma State University, USA (1993).
                                                                                      Per 31 Desember 2025, beliau tidak memiliki hubungan afiliasi
       • Bachelor of Accounting, Universitas Indonesia (1981);                        dengan anggota Dewan Komisaris lainnya, anggota Direksi,
       • Master of Business Administration (“MBA”) in Business &                      serta pemegang saham utama dan pengendali, baik langsung
         Finance, Pittsburg State University, USA (1988); and                         maupun tidak langsung, sampai kepada pemilik individu.
       • Doctor of Philosophy (“Ph.D.”) in Monetary & International
         Finance, Oklahoma State University, USA (1993).                              As of December 31, 2025, he has no affiliation with other
                                                                                      members of the Board of Commissioners, Board of Directors,
       Pengalaman Kerja:                                                              or the major and controlling shareholders, either directly or
       Work Experience:                                                               indirectly, up to the individual owner level.
       Beliau memiliki pengalaman lebih dari 20 (dua puluh) tahun
       dalam bidang konsultan dan jasa profesional. Selain itu,                       Kepemilikan Saham:
       beliau juga berpengalaman sebagai Staff Pengajar Graduate                      Share Ownership:
       Business School Universitas Pelita Harapan (1996–2021),
                                                                                      Per 31 Desember 2025, beliau tidak memiliki saham,
       Staff Pengajar Graduate Business School Universitas
                                                                                      baik secara langsung maupun tidak langsung, di Perseroan.
       Bina Nusantara (1997–2010), Deputy Chairman Banking
       Division Indonesia Chamber of Commerce (1997–2000),                            As of December 31, 2025, he does not own any shares,
       Team Economy Expert Dewan Pertahanan dan Keamanan                              either directly or indirectly, in the Company.
       Nasional Republik Indonesia (1998–2005), Direktur Bank
       Agroniaga (1999–2000), Staf Ahli Khusus Kementerian
       Pertanian Republik (2001–2002), serta Direktur Utama                           Pernyataan Independensi Komisaris Independen:
       PT CMP Consulting (2002–2007).                                                 Independence Statement of Independent
       He has over 20 (twenty) years of experience in consulting and                  Commissioner:
       professional services. In addition, he served as an Faculty                    Beliau telah menyampaikan pernyataan independensi
       Member at the Graduate School College of Business, Universitas                 sehubungan dengan pengangkatannya kembali sebagai
       Pelita Harapan (1996–2021), Faculty Member at the Graduate
                                                                                      Komisaris Independen untuk periode kedua.
       Business School, Universitas Bina Nusantara (1997–2010),
       Deputy Chairman of the Banking Division at the Indonesian                      He has provided a statement of independence in connection
       Chamber of Commerce (1997–2000), Economic Expert Team                          with his reappointment as an Independent Commissioner for
       Member of the National Defense and Security Council of                         a second term.
       the Republic of Indonesia (1998–2005), Director of Bank
       Agroniaga (1999–2000), Special Expert Staff at the Ministry
       of Agriculture of the Republic of Indonesia (2001–2002), and
       President Director of PT CMP Consulting (2002–2007).




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Tata Kelola Perusahaan yang Baik                   Laporan Keberlanjutan
  Good Corporate Governance                         Sustainability Report




                                                                        Maura Linda
                                                                        Sitanggang
                                                                        Komisaris Independen
                                                                        Independent Commissioner


                                                                        Warga Negara Indonesia, berusia 67 Tahun, berdomisili di Jakarta.
                                                                        Indonesian Citizen, 67 Years Old, domiciled in Jakarta.



           Dasar Pengangkatan:                                                           Masa Jabatan:
           Legal Basis of Appointment:                                                   Terms of Appointment:
           •   Pertama kali diangkat berdasarkan Akta No. 61/2022; serta                 2025–2030
           •   Diangkat kembali berdasarkan Akta No. 135/2025.
           •   First appointed based on Deed No. 61/2022; and
                                                                                         Rangkap Jabatan di Perusahaan Lain
           •   Reappointed based on Deed No. 135/2025.
                                                                                         per 31 Desember 2025:
                                                                                         Concurrent Positions in Other Companies as of
           Riwayat Pendidikan dan/atau Sertifikasi:
                                                                                         December 31, 2025:
           Educational Background and/or Certifications:
                                                                                         Per 31 Desember 2025, beliau tidak memiliki rangkap jabatan
           • Sarjana Farmasi, Institut Teknologi Bandung (1981);
                                                                                         pada perusahaan lain di luar grup usaha Perseroan.
           • Apoteker, Institut Teknologi Bandung (1982); serta
           • Ph.D., University of Bath United Kingdom (“UK”) (1988).                     As of December 31, 2025, he did not hold concurrent positions
           • Bachelor of Pharmacy, Institut Teknologi Bandung (1981);                    in other companies outside the Company’s business group.
           • Pharmacist, Institut Teknologi Bandung (1982); and
           • Ph.D., University of Bath, United Kingdom (“UK”) (1988).
                                                                                         Hubungan Afiliasi:
           Pengalaman Kerja:                                                             Affiliation:
           Work Experience:                                                              Per 31 Desember 2025, beliau tidak memiliki hubungan afiliasi
           Beliau pernah menempati berbagai posisi strategis dalam                       dengan anggota Dewan Komisaris lainnya, anggota Direksi,
           ranah regulasi dan pelayanan publik di sektor kesehatan,                      serta pemegang saham utama dan pengendali, baik langsung
           di antaranya sebagai Direktur Penilaian dan Inspektur                         maupun tidak langsung, sampai kepada pemilik individu.
           Badan Pengawas Obat dan Makanan (“BPOM”) Republik                             As of December 31, 2025, she has no affiliation with other
           Indonesia (2001–2012), Ahli Jangka Pendek pada World                          members of the Board of Commissioners, Board of Directors,
           Health Organization (2004–2010), serta Direktur Jenderal                      or the major and controlling shareholders, either directly or
           Kefarmasian dan Alat Kesehatan pada Kementerian                               indirectly, up to the individual owner level.
           Kesehatan Republik Indonesia (2012–2018). Selain peran
           di pemerintahan, beliau juga pernah aktif dan menjabat sebagai
           Ketua Dewan Pengawas di beberapa Rumah Sakit, termasuk                        Kepemilikan Saham:
           di Rumah Sakit Pusat Otak Nasional Jakarta (2014–2020).                       Share Ownership:
           Beliau juga pernah menjabat sebagai Ahli Jangka Panjang
           pada United Nation Development Program (“UNDP”)(2020-                         Per 31 Desember 2025, beliau tidak memiliki saham, baik
           2022), serta menjabat sebagai Ketua Dewan Pakar Himpunan                      secara langsung maupun tidak langsung, di Perseroan.
           Pengembangan Ekosistem Alat Kesehatan Indonesia (2024),                       As of December 31, 2025, she does not own any shares, either
           dan Anggota Dewan Pengawas pada Indonesian Association                        directly or indirectly, in the Company.
           for the Study of Medicinals (2025).
           She held various strategic positions in the field of regulation
           and public service within the healthcare sector, including                    Pernyataan Independensi Komisaris Independen:
           serving as Director of Assessment and Inspector at the                        Independence Statement of Independent
           National Agency of Drug and Food Control (BPOM) of the                        Commissioner:
           Republic of Indonesia (2001–2012), Short-Term Expert at the
           World Health Organization (2004–2010), and Director General                   Beliau telah menyampaikan pernyataan independensi
           of Pharmaceuticals and Medical Devices at the Ministry of                     sehubungan dengan pengangkatannya kembali sebagai
           Health of the Republic of Indonesia (2012–2018). In addition to               Komisaris Independen untuk periode kedua.
           her roles in the government, she was also actively involved and               She has provided a statement of independence in connection
           served as the Chairman of the Supervisory Board at several                    with her reappointment as an Independent Commissioner for
           hospitals, including at the National Brain Center Hospital                    a second term.
           in Jakarta (2014–2020). She also served as a Long-Term
           Expert at the United Nations Development Program (UNDP) from
           (2020–2022), and serves as the Chairman of the Advisory Board
           of the Indonesian Medical Device Ecosystem Development
           Association (2024), and Member of the Supervisory Board of the
           Indonesian Association for the Study of Medicinals (2025).




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Profil Direksi
Profile of the Board of Directors




                                                                      Lee Yan
                                                                      Gwan
                                                                      Direktur Utama
                                                                      President Director


                                                                      Warga Negara Singapura, berusia 63 Tahun, berdomisili di Jakarta
                                                                      dan Singapura.
                                                                      Singapore Citizen, 63 Years Old, domiciled in Jakarta and Singapore.


         Dasar Pengangkatan:                                                               Masa Jabatan:
         Legal Basis of Appointment:                                                       Terms of Appointment:
         • Diangkat pertama kali berdasarkan Akta No. 622/2020;                            2025–2030
           serta
         • Diangkat kembali berdasarkan Akta No. 135/2025.
                                                                                           Rangkap Jabatan di Perusahaan Lain
         • First appointed based on Deed No. 622/2020; and                                 per 31 Desember 2025:
         • Reappointed based on Deed No. 135/2025.
                                                                                           Concurrent Positions in Other Companies as of
                                                                                           December 31, 2025:
         Pengalaman Kerja:
                                                                                           • Direktur Rejuve Global Investment Pte. Ltd. (sejak 2022);
         Work Experience:
                                                                                           • Direktur pada beberapa Entitas Anak Perseroan,
         Memiliki pengalaman kerja sebagai eksekutif senior yang                             di antaranya:
         berbasis di Indonesia dan Singapura dengan pengalaman                               - Pyfa Australia Pty Ltd (sejak 2023); serta
         kerja lebih dari 25 (dua puluh lima) tahun, serta beliau memiliki                   - Pyfa Health Singapore Pte Ltd (sejak 2024).
         beberapa pengalaman kerja, termasuk di antaranya sebagai                          • Director of Rejuve Global Investment Pte. Ltd.
         Country Director SEAVI Indonesia Venture (1997–1998),                               (since 2022);
         Direktur Komersil SCTV (1998–2000), Direktur Indika Group                         • Director in several of the Company’s Subsidiaries,
         (1998–2000), Deputi Direktur Utama Lippo Group (2001–2002),                         including:
         Senior VP Cathay Organisation Holdings Ltd (2009–2010), dan                         - Pyfa Australia Pty Ltd (since 2023); and
         Direktur Newstart Health Food (2010–2018).                                          - Pyfa Health Singapore Pte Ltd (since 2024).
         Has professional experience as a senior executive based in
         Indonesia and Singapore, with more than 25 (twenty-five)                          Hubungan Afiliasi:
         years of work experience, including positions such as Country
                                                                                           Affiliation:
         Director of SEAVI Indonesia Venture (1997–1998), Commercial
         Director of SCTV (1998–2000), Director at Indika Group                            Per 31 Desember 2025, beliau memiliki hubungan afiliasi
         (1998–2000), Deputy CEO of Lippo Group (2001–2002), Senior                        dengan pemegang saham pengendali, yaitu sebagai Direktur
         VP at Cathay Organisation Holdings Ltd (2009–2010), and                           Rejuve Global Investment Pte. Ltd.
         Director of Newstart Health Food (2010–2018).                                     As of December 31, 2025, he has an affiliate relationship with
                                                                                           the controlling shareholder, namely as Director of Rejuve
         Riwayat Pendidikan dan/atau Sertifikasi:                                          Global Investment Pte. Ltd.
         Educational Background and/or Certifications:
         Bachelor of Science in Commerce, Adventist University of
                                                                                           Kepemilikan Saham:
         the Philippines (1985).                                                           Share Ownership:
         Bachelor of Science in Commerce, Adventist University of                          Per 31 Desember 2025, beliau tidak memiliki saham,
         the Philippines (1985).                                                           baik secara langsung maupun tidak langsung, di Perseroan.
                                                                                           As of December 31, 2025, he does not own any shares,
                                                                                           either directly or indirectly, in the Company.




 86       Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
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Tata Kelola Perusahaan yang Baik                  Laporan Keberlanjutan
  Good Corporate Governance                        Sustainability Report




                                                                       Yenfrino
                                                                       Gunadi
                                                                       Direktur
                                                                       Director


                                                                       Warga Negara Indonesia, berusia 40 Tahun, berdomisili di Jakarta.
                                                                       Indonesian Citizen, 40 Years Old, domiciled in Jakarta.



           Dasar Pengangkatan:                                                          Masa Jabatan:
           Legal Basis of Appointment:                                                  Terms of Appointment:
           • Diangkat pertama kali berdasarkan Akta No. 622/2020;                       2025–2030
             serta
           • Diangkat kembali berdasarkan Akta No. 135/2025.
                                                                                        Rangkap Jabatan di Perusahaan Lain
           • First appointed based on Deed No. 622/2020; and                            per 31 Desember 2025:
           • Reappointed based on Deed No. 135/2025.
                                                                                        Concurrent Positions in Other Companies as of
                                                                                        December 31, 2025:
           Pengalaman Kerja:
                                                                                        Direktur di beberapa Entitas Anak Perseroan, di antaranya:
           Work Experience:
                                                                                        - PT Pyfa Investama Medika (sejak 2021);
           Beliau memiliki pengalaman lebih dari 13 (tiga belas) tahun                  - PT Pyfa Aetheria Indonesia (sejak 2021); serta
           di industri keuangan. Kariernya dimulai dengan mengikuti                     - Komisaris PT Holi Pharma (sejak 2023).
           Program Pengembangan Analis Keuangan, yang kemudian
           membawanya ke berbagai posisi di bidang investasi dan                        Director in several of the Company’s Subsidiaries, including:
           keuangan di JPMorgan Asset Management di Amerika                             - PT Pyfa Investama Medika (since 2021);
           Serikat dan Singapura (2008-2017). Pada Mei 2017,                            - PT Pyfa Aetheria Indonesia (since 2021); and
           beliau menjabat sebagai Vice President di Korean                             - Commissioner of PT Holi Pharma (since 2023).
           National Pension Service (“NPS”) Singapura dengan fokus
           pada investasi di kawasan Asia Tenggara. Selanjutnya,
                                                                                        Hubungan Afiliasi:
           antara 2017 hingga 2019, beliau mengemban peran
           sebagai Deputy General Manager Business Development                          Affiliation:
           di PT Jakarta Setiabudi Internasional Tbk, serta pernah                      Per 31 Desember 2025. beliau tidak memiliki hubungan afiliasi
           menjabat sebagai Direktur PT PSI hingga April 2024.                          dengan anggota Dewan Komisaris, anggota Direksi lainnya,
           He has over 13 (thirteen) years of experience in the financial               serta pemegang saham utama dan pengendali, baik langsung
           industry. Has a career that began with participation in                      maupun tidak langsung, sampai kepada pemilik individu.
           a Financial Analyst Development Program, which led to                        As of December 31, 2025, he has no affiliation with members
           various roles in investment and finance at JPMorgan Asset                    of the Board of Commissioners, other members of the Board
           Management in the United States and Singapore between
                                                                                        of Directors, or the major and controlling shareholders, either
           (2008–2017). In May 2017, served as Vice President at
                                                                                        directly or indirectly, up to the individual owner level.
           the Korean National Pension Service (“NPS”) Singapore,
           focusing on investments in the Southeast Asia region.
           Afterwards, between 2017 and 2019, he held the role of Deputy                Kepemilikan Saham:
           General Manager of Business Development at PT Jakarta                        Share Ownership:
           Setiabudi Internasional Tbk, and also served as a Director of
                                                                                        Per 31 Desember 2025, beliau tidak memiliki saham, baik
           PT PSI until April 2024.
                                                                                        secara langsung maupun tidak langsung, di Perseroan.

           Riwayat Pendidikan dan/atau Sertifikasi:                                     As of December 31, 2025, he does not own any shares, either
                                                                                        directly or indirectly, in the Company.
           Educational Background and/or Certifications:
           Bachelor of Science in Business Administration, The Ohio
           State University - Fisher College of Business (2007).
           Bachelor of Science in Business Administration from
           The Ohio State University - Fisher College of Business (2007).



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    Ikhtisar Kinerja                Laporan Manajemen                Profil Perusahaan                   Analisis dan Pembahasan Manajemen
Performance Highlights              Management Reports               Company Profile                     Management Discussions and Analysis




                                                         Bedjo
                                                         Stefanus
                                                         Direktur
                                                         Director


                                                         Warga Negara Indonesia, berusia 62 Tahun, berdomisili di Jawa Barat.
                                                         Indonesian Citizen, 62 Years Old, domiciled in West Java.



       Dasar Pengangkatan:                                                        Riwayat Pendidikan dan/atau Sertifikasi:
       Legal Basis of Appointment:                                                Educational Background and/or Certifications:
       • Diangkat pertama kali berdasarkan Akta Pernyataan                        Sarjana Ilmu Farmasi, Surabaya.
         Keputusan RUPS PT Pyridam Farma Tbk No. 156 tanggal                      Bachelor of Pharmacy, Surabaya.
         27 Juni 2023 (“Akta No. 156/2023”) serta
       • Diangkat kembali berdasarkan Akta No. 135 /2025.
       • First appointed based on the Deed of Statement of                        Masa Jabatan:
         Resolution of the GMS of PT Pyridam Farma Tbk No. 156                    Terms of Appointment:
         dated June 27, 2023 (“Deed No. 156/2023”); and                           2025–2030
       • Reappointed based on Deed No. 135/2025.

                                                                                  Rangkap Jabatan di Perusahaan Lain
       Pengalaman Kerja:                                                          per 31 Desember 2025:
       Work Experience:                                                           Concurrent Positions in Other Companies as of
       Beliau memiliki pengalaman luas di industri farmasi, yang                  December 31, 2025:
       dimulai sebagai Medical Representative di sektor farmasi,
                                                                                  • Direktur Utama PT Holi Pharma (sejak 2023); serta
       kemudian berkembang ke posisi Area Manager Sales
                                                                                  • Komisaris PT Ethica Industri Farmasi (sejak 2023).
       untuk wilayah Jawa Timur, serta Sales Manager untuk
       Divisi Farma & Diagnostica di BUMN PT Rajawali Nusindo                     • President Director of PT Holi Pharma (since 2023); and
       yang bekerja sama dengan Boehringer Mannheim Jerman                        • Commissioner of PT Ethica Industri Farmasi (since 2023).
       (1982–1991). Kariernya berlanjut sebagai General Manager
       yang membawahi operasional pabrik serta penjualan
       farmasi dan diagnostika Bayer di PT Barito Budi Pharmindo,                 Hubungan Afiliasi:
       distributor BUMN Indofarma, (1992-2002). Selanjutnya,                      Affiliation:
       beliau menjabat sebagai Direktur Utama PT Errita Pharma
                                                                                  Per 31 Desember 2025, beliau tidak memiliki hubungan
       (Plant & Marketing) (1998–2005). Beliau juga pernah
                                                                                  afiliasi dengan anggota Dewan Komisaris, anggota Direksi
       menjabat sebagai Direktur PT Holi Pharma (Plant &
                                                                                  lainnya, serta pemegang saham utama dan pengendali, baik
       Marketing) (2007–2023).
                                                                                  langsung maupun tidak langsung, sampai kepada pemilik
       Has extensive experience in the pharmaceutical industry,                   individu.
       beginning a career as a Medical Representative in
                                                                                  As of December 31, 2025, he has no affiliation with members
       the pharmaceutical sector. Later on, advanced to
                                                                                  of the Board of Commissioners, other members of the Board
       the position of Area Sales Manager for the East Java region
                                                                                  of Directors, or the major and controlling shareholders, either
       and then to Sales Manager for the Pharma & Diagnostics
                                                                                  directly or indirectly, up to the individual owner level.
       Division at the state-owned enterprise PT Rajawali Nusindo,
       in collaboration with Boehringer Mannheim, Germany,
       (1982–1991). Afterwards, continued as General Manager
                                                                                  Kepemilikan Saham:
       that overseeing plant operations as well as pharmaceutical
       and diagnostics sales at PT Barito Budi Pharmindo,
                                                                                  Share Ownership:
       a state-owned Indofarma distributor, (1992-2002).                          Per 31 Desember 2025, beliau memiliki saham Perseroan
       Subsequently served as the President Director of PT Errita                 secara langsung sebesar 0,12%.
       Pharma (Plant & Marketing) (1998–2005). In addition,                       As of December 31, 2025, he directly owns 0.12% of
       also held the position of Director at PT Holi Pharma                       the Company’s shares.
       (Plant & Marketing) (2007–2023).




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Tata Kelola Perusahaan yang Baik                          Laporan Keberlanjutan
  Good Corporate Governance                                Sustainability Report




                                                                               Antes Eko
                                                                               Prasetio*)
                                                                               Direktur
                                                                               Director


                                                                               Warga Negara Indonesia, berusia 43 Tahun, berdomisili di Jakarta.
                                                                               Indonesian citizen, 43 Years Old, domiciled in Jakarta.



             Dasar Pengangkatan:                                                                Masa Jabatan:
             Legal Basis of Appointment:                                                        Terms of Appointment:
             Diangkat pertama kali berdasarkan Akta No. 135/2025.                               2025–2030
             First appointed based on Deed No. 135/2025.

             Riwayat Pendidikan dan/atau Sertifikasi:                                           Rangkap Jabatan di Perusahaan Lain
             Educational Background and/or Certifications:                                      per 31 Desember 2025:
             Manajemen bisnis, Universitas Katolik Atma Jaya dan                                Concurrent Positions in Other Companies as of
             Universitas Mercu Buana.                                                           December 31, 2025:
             Business management, Universitas Katolik Atma Jaya and                             Per 31 Desember 2025, beliau tidak memiliki rangkap jabatan
             Universitas Mercu Buana.                                                           pada perusahaan lain di luar grup usaha Perseroan.
                                                                                                As of December 31, 2025, he did not hold concurrent
             Pengalaman Kerja:                                                                  positions in other companies outside the Company’s
             Work Experience:                                                                   business group.
             Beliau memiliki pengalaman selama 15 (lima belas) tahun
             di bidang kefarmasian, dengan pengalaman kerja antara
             lain Marketing Communication for Oncology, Virology,                               Hubungan Afiliasi:
             Transplant & Anemia Businesses PT Roche Indonesia                                  Affiliation:
             (2008–2011), Product & DTC Manager - Adult Vaccines                                Per 31 Desember 2025, beliau tidak memiliki hubungan
             Business PT Glaxosmithkline (2011–2012), Business                                  afiliasi dengan anggota Dewan Komisaris, anggota Direksi
             Unit Head, Business Unit Manager, dan Product Manager                              lainnya, serta pemegang saham utama dan pengendali, baik
             PT Johnson & Johnson Indonesia (2012–2016), Commercial                             langsung maupun tidak langsung, sampai kepada pemilik
             Director untuk Ethical & Consumer Health Care (Betadine)                           individu.
             PT Mundipharma Healthcare Indonesia (2016–2022). Selain
             itu, beliau pernah menjadi pengajar dan konselor akademik                          As of December 31, 2025, he has no affiliation with members
             Universitas Katolik Atma Jaya serta pengajar Morning Star                          of the Board of Commissioners, other members of the Board
             Academy Jakarta (2004–2007).                                                       of Directors, or the major and controlling shareholders, either
                                                                                                directly or indirectly, up to the individual owner level.
             He has 15 (fifteen) years of experience in the pharmaceutical
             sector, with work experience including Marketing
             Communication for Oncology, Virology, Transplant &
                                                                                                Kepemilikan Saham:
             Anemia Businesses at PT Roche Indonesia (2008–2011);
                                                                                                Share Ownership:
             Product & DTC Manager – Adult Vaccines Business at
             PT Glaxosmithkline (2011–2012); Business Unit Head,                                Per 31 Desember 2025, beliau tidak memiliki saham, baik
             Business Unit Manager, and Product Manager at PT Johnson                           secara langsung maupun tidak langsung, di Perseroan.
             & Johnson Indonesia (2012–2016); and Commercial                                    As of December 31, 2025, he does not own any shares, either
             Director for Ethical & Consumer Health Care (Betadine)                             directly or indirectly, in the Company.
             at PT Mundipharma Healthcare Indonesia (2016–2022).
             In addition, he has served as a lecturer and academic
             counselor at Universitas Katolik Atma Jaya and as a teacher
             at Morning Star Academy Jakarta (2004–2007).



*) Efektif menjabat sejak ditutupnya RUPS Tahunan pada 18 Juni 2025.
*) Effective as of the closing of the Annual GMS held on June 18, 2025.




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        Ikhtisar Kinerja                         Laporan Manajemen                      Profil Perusahaan                   Analisis dan Pembahasan Manajemen
    Performance Highlights                       Management Reports                     Company Profile                     Management Discussions and Analysis




                                                                            Sinta Lestari
                                                                            Ningsih*)
                                                                            Direktur
                                                                            Director


                                                                            Warga Negara Indonesia, berusia 43 Tahun, berdomisili di Jawa Barat.
                                                                            Indonesian citizen, 43 Years Old, domiciled in West Java.



             Dasar Pengangkatan:                                                                     Masa Jabatan:
             Legal Basis of Appointment:                                                             Terms of Appointment:
             Diangkat pertama kali berdasarkan Akta No. 135/2025.                                    2025–2030
             First appointed based on Deed No. 135/2025.
                                                                                                     Rangkap Jabatan di Perusahaan Lain
             Riwayat Pendidikan dan/atau Sertifikasi:                                                per 31 Desember 2025:
             Educational Background and/or Certifications:                                           Concurrent Positions in Other Companies as of
             Pendidikan Ekonomi – Akuntansi, Universitas Tarumanagara.                               December 31, 2025:
             Majoring in Economic               –    Accounting,          Universitas                Merangkap jabatan sebagai Direktur Utama PT Pyfa Sehat
             Tarumanagara.                                                                           Indonesia, Probiotec Pty Ltd, serta di 19 Entitas Anak
                                                                                                     Probiotec Pty Ltd.
             Pengalaman Kerja:                                                                       Serves concurrently as President Director of PT Pyfa Sehat
             Work Experience:                                                                        Indonesia, Probiotec Pty Ltd, as well as in 19 Subsidiaries of
                                                                                                     Probiotec Pty Ltd.
             Beliau memiliki pengalaman selama 20 (dua puluh) tahun
             di bidang finansial dalam berbagai industri. Pengalaman
             kerja beliau dimulai sebagai Assistant Audit Manager                                    Hubungan Afiliasi:
             KPMG Sidharta & Widjaja - Big 4 Public Accountant Firm                                  Affiliation:
             (2005–2010), Senior Finance Manager PT Aimia Proprietary                                Per 31 Desember 2025, beliau tidak memiliki hubungan
             Loyalty Indonesia (2010–2017), Senior Finance & Accounting                              afiliasi dengan anggota Dewan Komisaris, anggota Direksi
             Manager PT Warner Music Indonesia (2017–2020), dan Head                                 lainnya, serta pemegang saham utama dan pengendali, baik
             of Reporting PT Visionet Internasional (OVO) (2020–2021).                               langsung maupun tidak langsung, sampai kepada pemilik
             She has 20 (twenty) years of experience in the financial                                individu.
             sector across various industries. Her work experience started                           As of December 31, 2025, she has no affiliation with members
             as an Assistant Audit Manager at KPMG Sidharta & Widjaja                                of the Board of Commissioners, other members of the Board
             – a Big 4 Public Accounting Firm (2005–2010); Senior                                    of Directors, or the major and controlling shareholders, either
             Finance Manager at PT Aimia Proprietary Loyalty Indonesia                               directly or indirectly, up to the individual owner level.
             (2010–2017); Senior Finance & Accounting Manager at
             PT Warner Music Indonesia (2017–2020); and Head of
             Reporting at PT Visionet Internasional (OVO) (2020–2021).
                                                                                                     Kepemilikan Saham:
                                                                                                     Share Ownership:
                                                                                                     Per 31 Desember 2025, beliau tidak memiliki saham, baik
*) Efektif menjabat sejak ditutupnya RUPS Tahunan pada 18 Juni 2025.
                                                                                                     secara langsung maupun tidak langsung, di Perseroan.
*) Effective as of the closing of the Annual GMS held on June 18, 2025.
                                                                                                     As of December 31, 2025, she does not own any shares,
                                                                                                     either directly or indirectly, in the Company.




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Tata Kelola Perusahaan yang Baik                    Laporan Keberlanjutan
  Good Corporate Governance                          Sustainability Report




Perubahan Komposisi Anggota                                                       Changes in the Composition of the Board
Dewan Komisaris dan Direksi                                                       of Commissioners and Board of Directors

Sehubungan dengan meninggalnya Bapak Mohammad                                     In connection with the passing of Mr. Mohammad Syamsul
Syamsul Arifin pada 18 Februari 2025, pemegang saham                              Arifin on February 18, 2025, the shareholders resolved to appoint
menetapkan pengangkatan anggota Dewan Komisaris dan                               new members of the Board of Commissioners and the Board of
Direksi yang baru, dengan tujuan menjaga komposisi organ                          Directors, aiming to maintain the composition of the main organs
utama serta memperkuat objektivitas dan kinerja manajemen                         and strengthen management objectivity and performance
dalam mendukung efektivitas operasional Perseroan. Sehingga,                      in supporting the Company’s operational effectiveness.
berdasarkan Akta No. 135/2025, per 31 Desember 2025,                              Accordingly, based on Deed No. 135/2025, as of December 31,
susunan Dewan Komisaris dan Direksi Perseroan sebagai                             2025, the composition of the Board of Commissioners and Board
berikut:                                                                          of Directors is as follows:


Dewan Komisaris                                                                   Board of Commissioners
Komisaris Utama                : Robby Yulianto                                   President Commissioner        : Robby Yulianto
Komisaris                      : Widjanarko Brotosaputro                          Commissioner                  : Widjanarko Brotosaputro
Komisaris Independen           : Charles D. Marpaung                              Independent Commissioner      : Charles D. Marpaung
Komisaris Independen           : Maura Linda Sitanggang                           Independent Commissioner      : Maura Linda Sitanggang


Direksi                                                                           Board of Directors
Direktur Utama                 : Lee Yan Gwan                                     President Director            : Lee Yan Gwan
Direktur                       : Yenfrino Gunadi                                  Director                      : Yenfrino Gunadi
Direktur                       : Bedjo Stefanus                                   Director                      : Bedjo Stefanus
Direktur                       : Antes Eko Prasetio                               Director                      : Antes Eko Prasetio
Direktur                       : Sinta Lestari Ningsih                            Director                      : Sinta Lestari Ningsih




Informasi Pemegang Saham
Information on the Shareholders


                                     Kepemilikan Saham per 31 Desember 2024                     Kepemilikan Saham per 31 Desember 2025
                                     Share Ownership as of December 31, 2024                    Share Ownership as of December 31, 2025
  Nama Pemegang               Jumlah Saham                                   Kepemilikan    Jumlah Saham                           Kepemilikan
      Saham                      (Lembar           Jumlah Nominal              Saham           (Lembar         Jumlah Nominal        Saham
 Shareholders Name                Saham)            Nominal Value               Share           Saham)          Nominal Value         Share
                               Total Shares             (Rp)                  Ownership      Total Shares           (Rp)            Ownership
                                 (Shares)                                        (%)           (Shares)                                (%)

 Pemegang Saham 5% Saham atau Lebih
 Share Ownership of 5% or More

 Modal Dasar
                              38.000.000.000       3.800.000.000.000                         38.000.000.000    3.800.000.000.000
 Authorized Capital

 Rejuve Global
                                   6.763.997.777     676.399.777.700            60,20          6.793.427.177     679.342.717.700          60,45
 Investment Pte. Ltd.

 PT Asuransi Jiwa
                                    572.628.400       57.262.840.000             5,10           572.628.400       57.262.840.000           5,10
 Starinvestama

 Kepemilikan Saham di Bawah 5%
 Share Ownership Below 5%

 Masyarakat (masing-
 masing kurang dari 5%)            3.900.053.823     390.005.382.300            34,70          3.870.637.217     387.063.721.700          34,45
 Public (each below 5%)




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       Ikhtisar Kinerja                   Laporan Manajemen              Profil Perusahaan                 Analisis dan Pembahasan Manajemen
   Performance Highlights                 Management Reports             Company Profile                   Management Discussions and Analysis




                                Kepemilikan Saham per 31 Desember 2024                       Kepemilikan Saham per 31 Desember 2025
                                Share Ownership as of December 31, 2024                      Share Ownership as of December 31, 2025
  Nama Pemegang             Jumlah Saham                            Kepemilikan        Jumlah Saham                             Kepemilikan
      Saham                    (Lembar          Jumlah Nominal        Saham               (Lembar        Jumlah Nominal           Saham
 Shareholders Name              Saham)           Nominal Value         Share               Saham)         Nominal Value            Share
                             Total Shares            (Rp)            Ownership          Total Shares          (Rp)               Ownership
                               (Shares)                                 (%)               (Shares)                                  (%)

 Modal Disetor dan
 Ditempatkan Penuh
                            11.236.680.000      1.123.668.000.000      100,00          11.236.692.794    1.123.669.279.400          100,00
 Fully Paid-Up and
 Subscribed Capital

 Saham Portepel
                            26.763.320.000      2.676.332.000.000                      26.763.307.206    2.676.330.720.600
 Treasury Shares




Komposisi Pemegang Saham berdasarkan Status Kepemilikan
Shareholders Composition based on Ownership
                                Kepemilikan Saham per 31 Desember 2024                       Kepemilikan Saham per 31 Desember 2025
                                Share Ownership as of December 31, 2024                      Share Ownership as of December 31, 2025
  Nama Pemegang                                                     Kepemilikan                                                 Kepemilikan
      Saham                                     Jumlah Saham                                              Jumlah Saham
                                Jumlah                                Saham               Jumlah                                  Saham
 Shareholders Name                             (Lembar Saham)                                            (Lembar Saham)
                               Investor                                Share             Investor                                  Share
                                                 Total Shares                                              Total Shares
                             Total Investor                          Ownership         Total Investor                            Ownership
                                                   (Shares)                                                  (Shares)
                                                                        (%)                                                         (%)

 Pemegang Saham Lokal
 Local Shareholders

 Individu
                                  8.309            2.229.320.268        19,84                19.090       2.357.099.143              20,98
 Individual

 Institusi
                                    33             1.637.022.245        14,58                   61        1.683.215.983              14,98
 Institutions

 Pemegang Saham Asing
 Foreign Shareholders

 Individu
                                    39                55.277.100         0,49                    40            7.343.500                0,07
 Individual

 Institusi
                                    16             7.315.062.268        65,10                    18        7.189.034.168              63,98
 Institutions

 Jumlah
                                 8.290           11.236.681.881        100,00                19.209      11.236.692.794              100,00
 Total




Pengungkapan Kepemilikan Saham                                            Disclosure of Share Ownership by
Dewan Komisaris dan Direksi                                               the Board of Commissioners and
                                                                          Board of Directors

Sebagai bentuk kepatuhan terhadap regulasi, Perseroan                     As a form of compliance with regulations, the Company ensures
memastikan keterbukaan atas kepemilikan saham Dewan                       transparency regarding the share ownership of the Board of
Komisaris, Direksi, serta pemegang saham dengan hak suara                 Commissioners, the Board of Directors, and shareholders holding
minimal 5%, sesuai dengan Peraturan Otoritas Jasa Keuangan                at least 5% voting rights, in accordance with Financial Services
No. 4 Tahun 2024 tentang Laporan Kepemilikan atau Setiap                  Authority Regulation No. 4 of 2024 concerning Reports on
Perubahan Kepemilikan Saham Perusahaan Terbuka dan                        Share Ownership or Any Changes in Share Ownership of Public
Laporan Aktivitas Menjaminkan Saham Perusahaan Terbuka                    Companies and Reports on Share Pledging Activities of Public
(“POJK 4/2024”). Kebijakan tersebut mewajibkan pelaporan                  Companies (“POJK 4/2024”). This policy requires reporting within
maksimal 5 (lima) hari kerja setelah adanya perubahan                     a maximum of 5 (five) working days after any change in share
kepemilikan saham. Sepanjang tahun 2025, Perseroan telah                  ownership. Throughout 2025, the Company fulfilled this obligation
melaksanakan kewajiban ini dengan baik melalui e-reporting                through monthly e-reporting, thereby maintaining transparency to




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Tata Kelola Perusahaan yang Baik                            Laporan Keberlanjutan
  Good Corporate Governance                                  Sustainability Report




bulanan, sehingga transparansi kepada regulator tetap terjaga.                                 the regulators. Information on the Company’s share ownership by
Informasi mengenai kepemilikan saham Perseroan oleh Dewan                                      the Board of Commissioners and the Board of Directors is presented
Komisaris dan Direksi diuraikan sebagai berikut:                                               as follows:


                                                        Kepemilikan Saham                                       Kepemilikan Saham
                                                       per 31 Desember 2024                                    per 31 Desember 2025
                                                        Share Ownership as                                      Share Ownership as
                                                       of December 31, 2024                                    of December 31, 2025                  Status
      Nama               Jabatan                                                                                                                   Kepemilikan
      Name               Position        Jumlah Saham             Jumlah             Kepemilikan Jumlah Saham          Jumlah        Kepemilikan    Ownership
                                            (Lembar               Nominal              Saham        (Lembar            Nominal         Saham         Status
                                             Saham)               Nominal               Share        Saham)            Nominal          Share
                                          Total Shares            Amount              Ownership   Total Shares         Amount         Ownership
                                            (Shares)               (Rp)                  (%)        (Shares)            (Rp)             (%)

 Dewan Komisaris
 Board of Commissioners
                     Komisaris
 Robby               Utama
                                                        -                      -           -                    -                -         -             -
 Yulianto            President
                     Commissioner
 Widjanarko          Komisaris
                                                        -                      -           -                    -                -         -             -
 Brotosaputro*)      Commissioner
                     Komisaris
 Charles D.          Independen
                                                        -                      -           -                    -                -         -             -
 Marpaung            Independent
                     Commissioner
                     Komisaris
 Maura Linda         Independen
                                                        -                      -           -                    -                -         -             -
 Sitanggang          Independent
                     Commissioner
 Direksi
 Board of Directors
                     Direktur Utama
 Lee Yan Gwan        President                          -                      -           -                    -                -         -             -
                     Director
 Yenfrino            Direktur
                                                        -                      -           -                    -                -         -             -
 Gunadi              Director
                                                                                                                                                   Kepemilikan
 Bedjo               Direktur                                                                                                                       Langsung
                                            13.310.000          1.331.000.000           0,12          13.310.000     1.331.000.000      0,12
 Stefanus            Director                                                                                                                        Direct
                                                                                                                                                    Ownership
 Antes Eko           Direktur
                                                        -                      -           -                    -                -         -             -
 Prasetio*)          Director
 Sinta Lestari       Direktur
                                                        -                      -           -                    -                -         -             -
 Ningsih*)           Director

*) Efektif menjabat sejak ditutupnya RUPS Tahunan pada 18 Juni 2025.
*) Effective as of the closing of the Annual GMS held on June 18, 2025.




Pemegang Saham Utama dan Pengendali
Major Shareholders and Controlling Shareholders

Per 31 Desember 2025, Rejuve Global Investment Pte. Ltd.,                                      As of December 31, 2025, Rejuve Global Investment Pte. Ltd. is
tercatat sebagai pemegang saham utama sekaligus pengendali                                     listed as the Company's Majority and Controlling shareholder
Perseroan dengan kepemilikan 60,45% saham. Didirikan                                           with a 60.45% stake. Established in Singapore on May 27, 2020,
di Singapura pada 27 Mei 2020, perusahaan ini beroperasi                                       the company operates as a Holding Company. The ultimate
di bidang other holding company. Adapun pemilik manfaat akhir                                  beneficial owner of the Company is Lee Ee Ling, who is also the
dari Perseroan adalah Lee Ee Ling yang sekaligus Direktur Rejuve                               Director of Rejuve Global Investment Pte. Ltd.
Global Investment Pte. Ltd.




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Struktur Grup
Group Structure


                                                                                                                       (Per 31 Desember 2025 / As of December 31, 2025)



                                                                              PT Asuransi Jiwa
                             Rejuve Global Pte.Ltd.                                                                    Masyarakat / Public
                                                                               Starinvestama

                                      60,45%                                         5,10%                                   34,45%




                                Pyfa Health                 PT Pyfa               PT Pyfa                                       PT Ethica              PT Medika
 PT Pyfa Aetheria
                                 Singapore                Investama                Sehat              PT Holi Pharma             Industri               Inovasi
    Indonesia
                                  Pte. Ltd.                 Medika               Indonesia                                      Farmasi                Nusantara

        99,00%                    99,99%                      99,00%                 99,00%                   99,99%             99,99%                  99,90%



                                   Pyfa
                                 Australia
                                  Pty Ltd

                                 100,00%*)




                                Probiotec
                                 Pte. Ltd

                                 100,00%




                                           Australian Dairy             HH Packaging             Probiotec LJM          Probiotec (NSW)            Probiotec (QLD)
           ABS (Aus) Pty Ltd
                                           Proteins Pty Ltd                Pty Ltd                  Pty Ltd                 Pty Ltd                  Pty Limited

                   100,00%                      100,00%                    100,00%                  100,00%                  100,00%                   100,00%




                  Probiotec                    South Pack                 Probiotec                Milton                  Probiotec
                 Nutritionals                 Laboratories                Multipack            Pharmaceuticals          Pharmaceuticals
                 Pty Limited                 (Aust) Pty Ltd                Pty Ltd                 Pty Ltd                Pty Limited

                   100,00%                      100,00%                    100,00%                  100,00%                  100,00%



                                                                                                   Biotech
                                                                         LJM (NSW)                                      Probiotec Pharma
                                                                                               Pharmaceuticals
                                                                           Pty Ltd                                         Pty Limited
                                                                                                   Pty Ltd

                                                                           100,00%                  100,00%                  100,00%



*) berdasarkan kepemilikan atas saham biasa dengan
   hak suara dan saham berupa redeemable preference
                                                                                                   Biotech
   shares yang dikeluarkan oleh Pyfa Australia Pty Ltd.                  Willie Labs                                   A.C.N. 010 040 598
                                                                                               Pharmaceuticals
*) based on ownership of ordinary shares with voting                   Generics Pty Ltd                                      Pty Ltd
                                                                                               Australia Pty Ltd
   rights and redeemable preference shares issued by
   Pyfa Australia Pty Ltd.
                                                                           100,00%                  100,00%                  100,00%




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Tata Kelola Perusahaan yang Baik                        Laporan Keberlanjutan
  Good Corporate Governance                              Sustainability Report




Kronologi Pencatatan Saham
Share Listing Chronology

                                                                                                                              (Per 31 Desember 2025 / As of December 31, 2025)

                                                              Jumlah Saham           Nilai Nominal            Harga                      Jumlah
                                                                Diterbitkan           (Rp/Lembar            Penawaran                Saham Beredar                 Bursa
           Uraian                        Tanggal             (Lembar Saham)             Saham)             (Rp/Lembar               (Lembar Saham)              Pencatatan
         Description                      Date                 Total Shares             Nominal              Saham)                 Total Outstanding              Stock
                                                                  Issued                Amount            Offering Price                  Shares                 Exchange
                                                                 (Shares)            (Rp/Shares)           (Rp/Shares)                  (Shares)

 Penawaran Umum Perdana            16 Oktober 2001
                                                                  120.000.000              100                  105                      520.000.000
 Initial Public Offering           October 16,2001

 Pembagian Dividen Saham           21 November 2002
                                                                    15.080.000             100                       -                   535.080.000
 Share Dividend Distribution       November 21, 2002
                                                                                                                                                                Bursa Efek
 Penambahan Modal                                                                                                                                               Indonesia
 dengan Memberikan                                                                                                                                          Indonesia Stock
 Hak Memesan Efek Terlebih                                                                                                                                     Exchange
 Dahulu I (“PMHMETD I”)            3 April 2024
                                                               10.701.600.000              100                  100                  11.236.692.794*)
                                   April 3, 2024
 Capital Increase by
 Granting Pre-emptive
 Rights I (“PMHMETD I”)

*) Jumlah saham beredar Perseroan per 31 Desember 2025 sebanyak 11.236.692.794 saham, telah mencakup penambahan saham sebagai hasil pelaksanaan konversi Waran
   Seri I. Perbedaan jumlah saham dibandingkan periode sebelumnya disebabkan oleh pelaksanaan konversi waran tersebut.
*) The total number of the Company’s outstanding shares as of December 31, 2025 amounted to 11,236,692,794 shares, including additional shares issued from the conversion
   of Series I Warrants. The difference in the number of shares compared to the previous period was due to the exercise of such warrant conversion.




Kronologi Pencatatan Efek Lainnya
Other Securities Listing Chronology

Efek Bersifat Utang
Debt Securities
                                                                                                                              (Per 31 Desember 2025 / As of December 31, 2025)

                                   Tanggal           Nilai Nominal       Tingkat                                                 Status                             Bursa
                                                                                      Jangka       Tanggal Jatuh
       Jenis Efek                Penerbitan             Nominal           Bunga                                                Pembayaran                        Pencatatan
                                                                                      Waktu           Tempo                                        Rating
      Security Type               Issuance              Amount           Interest                                               Payment                            Listing
                                                                                      Period       Maturity Date
                                    Date                  (Rp)             Rate                                                  Status                           Exchange

 Obligasi Berkelanjutan I                                                                                                       Belum Lunas
 Pyridam Farma                                                                                                                  (Belum Jatuh
 Tahap I Tahun 2022             8 Maret 2022                                          5 Tahun        8 Maret 2027                  Tempo)        irA- (Single
                                                     400.000.000.000       9,50%
 Pyridam Farma                  March 8, 2022                                         5 Years        March 8, 2027                                 A Minus)
 Phase I Continuing                                                                                                               Unpaid
 Bond I 2022                                                                                                                   (Not Due Yet)

 Obligasi Berkelanjutan I                                                                                                       Belum Lunas                       Bursa Efek
 Pyridam Farma                                                                                                                  (Belum Jatuh                      Indonesia
 Tahap III Tahun 2024         27 Februari 2024                                        5 Tahun     27 Februari 2029       *)
                                                                                                                                   Tempo)        irA- (Single
                                                     400.000.000.000       9,50%                                                                                  Indonesia
 Pyridam Farma                February 27, 2024                                       5 Years     February 27, 2029*)                              A Minus)
 Phase III Continuing                                                                                                             Unpaid                            Stock
 Bond I 2024                                                                                                                   (Not Due Yet)                      Exchange

 Obligasi Berkelanjutan II                                                                                                      Belum Lunas
 Pyridam Farma Tahap I                                                                                                          (Belum Jatuh
 Tahun 2025                      9 Juli 2025                                          3 Tahun         9 Juli 2028                  Tempo)        irA- (Single
                                                     420.000.000.000         9%
 Pyridam Farma                   July 9, 2025                                         3 Years         July 9, 2028                                 A Minus)
 Phase II Continuing                                                                                                              Unpaid
 Bond I 2025                                                                                                                   (Not Due Yet)

*) Obligasi Berkelanjutan I Pyridam Farma Tahap III Tahun 2024 telah mengalami perpanjangan jangka waktu berdasarkan hasil Rapat Umum Pemegang Obligasi (RUPO), dari
   semula 2 (dua) tahun menjadi 5 (lima) tahun, sehingga jatuh tempo menjadi tanggal 27 Februari 2029.
*) The Pyridam Farma Phase III Continuing Bonds I Year 2024 have undergone an extension of tenor based on the resolution of the General Meeting of Bondholders (RUPO), from
   the original 2 (two) years to 5 (five) years, resulting in a new maturity date of February 27, 2029.




                                                                                                                                      PT Pyridam Farma Tbk             95
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   Performance Highlights                 Management Reports                   Company Profile                    Management Discussions and Analysis




Efek Bersifat Ekuitas
Equity Securities
                                                                                                           (Per 31 Desember 2025 / As of December 31, 2025)

                                                                                           Jumlah Waran Seri I saat        Jumlah Waran Seri I per
     Jenis Efek              Tanggal Penerbitan             Periode Perdagangan                Awal Penerbitan               31 Desember 2025
    Security Type              Issuance Date                   Trading Period              Total Series I Warrants at     Total Series I Warrants as
                                                                                                Initial Issuance            of December 31, 2025

Waran Seri I                      24 April 2024
                                                                   2024-2029                       178.359.499                     178.346.705
Series I Warrants                 April 24, 2024




Entitas Anak
Subsidiaries

Perseroan mengendalikan sejumlah Entitas Anak, baik melalui                     The Company exercises control over several Subsidiaries, both
kepemilikan langsung maupun tidak langsung. Informasi                           through direct and indirect ownership. Information regarding
mengenai Entitas Anak tersebut diuraikan sebagai berikut:                       these Subsidiaries is presented as follows:


Kepemilikan Langsung
Direct Ownership
                                                         PT Holi Pharma (“Holi Pharma”)
                                                                                                                         Jumlah Aset
                                                                    Persentase Kepemilikan
          Domisili                  Tahun Beroperasi                                                                (dalam jutaan Rupiah)
                                                                     Ownership Percentage
         Residence                  Year of Operation                                                                     Total Assets
                                                                             (%)
                                                                                                                      (in million Rupiah)
          Indonesia                        1968                                99,99                                       353.064
                                                                     Bidang Usaha
                                                                     Business Line
 Industri Kimia Dasar Organik yang Menghasilkan Bahan Kimia Khusus,           Basic Organic Chemical Industry Producing Specialty Chemicals, Soap
 Industri Sabun dan Bahan Pembersih Keperluan Rumah Tangga, Industri          and Household Cleaning Products Industry, Cosmetics Industry for
 Kosmetik untuk Manusia, termasuk Pasta Gigi, Industri Bahan Farmasi          Humans, including Toothpaste, Pharmaceutical Materials Industry
 untuk Manusia, Industri Produk Farmasi untuk Manusia, Industri Alat          for Humans, Pharmaceutical Products Industry for Humans, Medical
 Kesehatan dalam Subgolongan 2101, Industri Produk Obat Tradisional           Equipment Industry in Subgroup 2101, Traditional Medicine Products
 untuk Manusia, Industri Alat-Alat Laboratorium Non-Klinis, Farmasi dan       Industry for Humans, Non-Clinical Laboratory Equipment, Pharmaceutical
 Kesehatan dari Kaca, Industri Alat Laboratorium Klinis dari Kaca, Industri   and Health Glass Products Industry, Clinical Laboratory Equipment
 Peralatan Kedokteran dan Kedokteran Gigi, Perlengkapan Orthopaedic dan       Industry from Glass, Medical and Dental Equipment Industry, Orthopaedic
 Prosthetic, Perdagangan Besar atas Dasar Balas Jasa (Fee) atau Kontrak,      and Prosthetic Equipment, Wholesale Trade Based on Fees or Contracts,
 Perdagangan Besar Susu dan Produk Susu, Perdagangan Besar Makanan            Wholesale Trade in Milk and Dairy Products, Wholesale Trade in Other Food
 dan Minuman Lainnya, Perdagangan Besar Obat Farmasi untuk Manusia,           and Beverages, Wholesale Trade in Pharmaceutical Drugs for Humans,
 Perdagangan Besar Obat Tradisional untuk Manusia, Perdagangan Besar          Wholesale Trade in Traditional Medicines for Humans, Wholesale Trade
 Kosmetik untuk Manusia, Perdagangan Besar Bahan Farmasi untuk                in Cosmetics for Humans, Wholesale Trade in Pharmaceutical Materials
 Manusia dan Hewan, Perdagangan Besar Alat Laboratorium, Alat Farmasi         for Humans and Animals, Wholesale Trade in Laboratory Equipment,
 dan Alat Kedokteran untuk Manusia, Portal Web dan/atau Platform              Pharmaceutical and Medical Instruments for Humans, Commercial Web
 Digital dengan Tujuan Komersial, Jasa Pengujian Laboratorium, Aktivitas      Portal and/or Digital Platforms, Laboratory Testing Services, Packaging
 Pengepakan, dan Aktivitas Pelayanan Penunjang Kesehatan.                     Activities, and Healthcare Support Services Activities.
                                                                        Alamat
                                                                        Address
                                                     Jl. Mahar Martanegara No. 100 RT 01/RW 10
                                                           Cigugur Tengah, Cimahi Tengah
                                                                 Cimahi, Jawa Barat
                                                                      Pengurus
                                                                     Management
 Dewan Komisaris                                                              Board of Commissioners
 Komisaris Utama        : Widjanarko Brotosaputro                             President Commissioner             : Widjanarko Brotosaputro
 Komisaris              : Yenfrino Gunadi                                     Commissioner 		                    : Yenfrino Gunadi
 Direksi                                                                      Board of Directors
 Direktur Utama         : Bedjo Stefanus                                      President Director 		              : Bedjo Stefanus
 Direktur               : Syarifah Nova Yanti                                 Director 			                       : Syarifah Nova Yanti
 Direktur               : Raissa Alistia                                      Director 			                       : Raissa Alistia




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Tata Kelola Perusahaan yang Baik                  Laporan Keberlanjutan
  Good Corporate Governance                        Sustainability Report




                                                         PT Pyfa Aetheria Indonesia (“PAI”)

                                                                                                                        Jumlah Aset
                                                                    Persentase Kepemilikan
          Domisili                  Tahun Beroperasi                                                               (dalam jutaan Rupiah)
                                                                     Ownership Percentage
         Residence                  Year of Operation                                                                    Total Assets
                                                                             (%)
                                                                                                                     (in million Rupiah)
                                    Belum Beroperasi
          Indonesia                                                            99,00                                         6
                                   Not Yet Operational
                                                                      Bidang Usaha
                                                                      Business Line
Perdagangan Besar Obat Farmasi untuk Manusia, Perdagangan Besar                Wholesale Trade in Pharmaceutical Drugs for Humans, Wholesale Trade
Obat Tradisional untuk Manusia, Perdagangan Besar Kosmetik untuk               in Traditional Medicines for Humans, Wholesale Trade in Cosmetics for
Manusia, Perdagangan Besar Alat Laboratorium, Alat Farmasi dan Alat            Humans, Wholesale Trade in Laboratory Equipment, Pharmaceutical
Kedokteran untuk Manusia, Perdagangan Besar Atas Dasar Balas Jasa              Instruments, and Medical Equipment for Humans, Wholesale Trade on
Fee atau Kontrak, Pelatihan Kerja Industri Kreatif Perusahaan, serta           a Fee or Contract Basis, Creative Industry Corporate Training, and Web
Portal Web dan/atau Platform Digital dengan Tujuan Komersial.                  Portals and/or Digital Platforms for Commercial Purposes.
                                                                           Alamat
                                                                           Address
                                                         Sinar Mas Land Plaza Sudirman Lt. 12
                                                Jl. Jenderal Sudirman Kav. 21, Kel. Karet, Kec. Setiabudi
                                                                Jakarta Selatan, Jakarta
                                                                        Pengurus
                                                                       Management
Dewan Komisaris                                                                Board of Commissioners
Komisaris                : Augus Venty                                         Commissioner        : Augus Venty
Direksi                                                                        Board of Directors
Direktur                 : Yenfrino Gunadi                                     Director 		         : Yenfrino Gunadi



                                                         PT Pyfa Investama Medika (“PIM”)

                                                                                                                       Jumlah Aset
                                                                  Persentase Kepemilikan
          Domisili                 Tahun Beroperasi                                                               (dalam jutaan Rupiah)
                                                                   Ownership Percentage
         Residence                 Year of Operation                                                                    Total Assets
                                                                           (%)
                                                                                                                    (in million Rupiah)
         Indonesia                       2022                                99,00                                       27.327
                                                                      Bidang Usaha
                                                                      Business Line
Perdagangan Besar atas dasar Balas Jasa Fee atau Kontrak, Aktivitas            Wholesale Trade on a Fee or Contract Basis, Holding Company Activities,
Perusahaan Holding, Aktivitas Akuntansi, Pembukuan dan Pemeriksa,              Accounting, Bookkeeping, and Auditing Activities, Other Management
Aktivitas Konsultasi Manajemen Lainnya, Aktivitas Konsultasi Bisnis            Consulting Activities, Business Consulting and Business Brokerage
dan Broker Bisnis, serta Aktivitas Penyedia Gabungan Jasa Administrasi         Activities, and Combined Office Administrative Services Provider
Kantor.                                                                        Activities.
                                                                           Alamat
                                                                           Address
                                                         Sinar Mas Land Plaza Sudirman Lt. 12
                                                Jl. Jenderal Sudirman Kav. 21, Kel. Karet, Kec. Setiabudi
                                                               Jakarta Selatan, Jakarta
                                                                        Pengurus
                                                                       Management
Dewan Komisaris                                                                Board of Commissioners
Komisaris                : Augus Venty                                         Commissioner        : Augus Venty
Direksi                                                                        Board of Directors
Direktur                 : Yenfrino Gunadi                                     Director 		         : Yenfrino Gunadi




                                                                                                                   PT Pyridam Farma Tbk          97
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                                                          Pyfa Health Singapore Pte. Ltd.

                                                                                                                      Jumlah Aset
                                                                  Persentase Kepemilikan
        Domisili                 Tahun Beroperasi                                                                (dalam jutaan Rupiah)
                                                                   Ownership Percentage
       Residence                 Year of Operation                                                                     Total Assets
                                                                           (%)
                                                                                                                   (in million Rupiah)
       Singapura                 Belum Beroperasi
                                                                            99,00                                      1.082.865
       Singapore                Not Yet Operational
                                                                      Bidang Usaha
                                                                      Business Line
Other Holding Company.                                                        Other Holding Company.
                                                                         Alamat
                                                                         Address
                                                             12 Woodlands Square #14-75
                                                           Woods Square, Singapore (737715)
                                                                       Pengurus
                                                                      Management
Direksi                                                                       Board of Directors
Direktur               : Lee Yan Gwan                                         Director 		             : Lee Yan Gwan
Direktur               : Lee Eee Ling                                         Director 		             : Lee Eee Ling



                                                          PT Pyfa Sehat Indonesia (“PSI”)

                                                                                                                      Jumlah Aset
                                                                  Persentase Kepemilikan
        Domisili                Tahun Beroperasi                                                                 (dalam jutaan Rupiah)
                                                                   Ownership Percentage
       Residence                Year of Operation                                                                      Total Assets
                                                                           (%)
                                                                                                                   (in million Rupiah)
                                Belum Beroperasi
       Indonesia                                                            99,00                                      3.008.005
                               Not Yet Operational
                                                                      Bidang Usaha
                                                                      Business Line
Perdagangan Besar Susu dan Produk Susu, Perdagangan Besar                     Wholesale Trade of Milk and Dairy Products, Wholesale Trade of Other
Makanan dan Minuman Lainnya, Perdagangan Besar Obat Farmasi                   Food and Beverages, Wholesale Trade of Pharmaceutical Products for
untuk Manusia, Perdagangan Besar Alat Laboratorium, Alat Farmasi              Human Use, Wholesale Trade of Laboratory Equipment, Pharmaceutical
dan Alat Kedokteran untuk Manusia, Aktivitas Konsultasi Manajemen             Equipment and Medical Devices for Human Use, Other Management
Lainnya, serta Perdagangan Besar Obat Tradisional untuk Manusia.              Consulting Activities, and Wholesale Trade of Traditional Medicines for
                                                                              Human Use.
                                                                         Alamat
                                                                         Address
                                                          Sinar Mas Land Plaza Sudirman Lt. 12
                                                 Jl. Jenderal Sudirman Kav. 21, Kel. Karet, Kec. Setiabudi
                                                                 Jakarta Selatan, Jakarta
                                                                       Pengurus
                                                                      Management
Dewan Komisaris                                                               Board of Commissioners
Komisaris              : Augus Venty                                          Commissioner        : Augus Venty
Direksi                                                                       Board of Directors
Direktur Utama         : Sinta Lestari Ningsih                                President Director  : Sinta Lestari Ningsih
Direktur               : Yanto                                                Director 		         : Yanto



                                                       PT Ethica Industri Farmasi (“Ethica”)

                                                                                                                      Jumlah Aset
                                                                  Persentase Kepemilikan
        Domisili                Tahun Beroperasi                                                                 (dalam jutaan Rupiah)
                                                                   Ownership Percentage
       Residence                Year of Operation                                                                      Total Assets
                                                                           (%)
                                                                                                                   (in million Rupiah)

       Indonesia                        1946                                99,99                                       622.669




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  Good Corporate Governance                          Sustainability Report




                                                        PT Ethica Industri Farmasi (“Ethica”)

                                                                        Bidang Usaha
                                                                        Business Line
Industri Produk Farmasi untuk Manusia, Industri Alat Kesehatan dalam             Pharmaceutical Products Industry for Humans, Medical Equipment Industry
Subgolongan 2101, Industri Kimia Dasar Organik yang Menghasilkan                 in Subgroup 2101, Basic Organic Chemical Industry Producing Special
Bahan Kimia Khusus, Industri Kosmetik untuk Manusia termasuk Pasta               Chemicals, Cosmetics Industry for Humans including Toothpaste, Medical
Gigi, Industri Peralatan Kedokteran dan Kedokteran Gigi, Perlengkapan            and Dental Equipment Industry, Orthopedic and Prosthetic Equipment,
Orthopedic dan Prosthetic, Industri Sabun dan Bahan Pembersih                    Soap and Household Cleaning Products Industry, Pharmaceutical
Keperluan Rumah Tangga, Industri Bahan Farmasi untuk Manusia,                    Materials Industry for Humans, Traditional Medicine Products Industry for
Industri Produk Obat Tradisional untuk Manusia, Industri Alat-Alat               Humans, Non-Clinical Laboratory Equipment Industry, Pharmaceutical and
Laboratorium Non-Klinis Farmasi dan Kesehatan dari Kaca, Industri Alat           Health Glass Products, Clinical Laboratory Equipment Industry from Glass,
Laboratorium Klinis dari Kaca, Perdagangan Besar Alat Laboratorium,              Wholesale Trade of Laboratory Equipment, Pharmaceutical Equipment
Alat Farmasi dan Kedokteran untuk Manusia, Perdagangan Besar Bahan               and Medical Devices for Humans, Wholesale Trade of Pharmaceutical
Farmasi untuk Manusia dan Hewan, Perdagangan Besar Obat Farmasi                  Materials for Humans and Animals, Wholesale Trade of Pharmaceutical
untuk Manusia, Perdagangan Besar Obat Tradisional untuk Manusia,                 Drugs for Humans, Wholesale Trade of Traditional Medicine for Humans,
Perdagangan Besar Kosmetik untuk Manusia, Perdagangan Besar                      Wholesale Trade of Cosmetics for Humans, Wholesale Trade of Food and
Makanan dan Minuman Lainnya, Perdagangan Besar Susu dan Produk                   Beverages, Wholesale Trade of Milk and Dairy Products, Wholesale Trade
Susu, Perdagangan Besar atas Dasar Balas Jasa (Fee) atau Kontrak,                on a Fee or Contract Basis, Packaging Activities, Health Support Services,
Aktivitas Pengepakan, Aktivitas Pelayanan Penunjang Kesehatan, Jasa              Laboratory Testing Services, and Web Portals and/or Digital Platforms
Pengujian Laboratorium, Portal Web dan/atau Platform Digital dengan              for Commercial Purposes, as well as Wholesale Trade of VariousOother
Tujuan Komersial, serta Perdagangan Besar Berbagai Barang dan                    Household Goods and Supplies That Cannot Be Classified Elsewhere,
Perlengkapan Rumah Tangga Lainnya yang Tidak Dapat Diklasifikasikan              Research and Development in Engineering and Technology.
di Tempat Lain, Penelitian dan Pengembangan Teknologi dan Rekayasa.
                                                                             Alamat
                                                                             Address
                                                          Sinar Mas Land Plaza Sudirman Lt. 12
                                                 Jl. Jenderal Sudirman Kav. 21, Kel. Karet, Kec. Setiabudi
                                                                 Jakarta Selatan, Jakarta
                                                                          Pengurus
                                                                         Management
Dewan Komisaris                                                                  Board of Commissioners
Komisaris Utama          : Widjanarko Brotosaputro                               President Commissioner             : Widjanarko Brotosaputro
Komisaris                : Bedjo Stefanus                                        Commissioner 		                    : Bedjo Stefanus
Direksi                                                                          Board of Directors
Direktur Utama           : Merciana Evy Iswari                                   President Director 		              : Merciana Evy Iswari
Direktur                 : Savira                                                Director 			                       : Savira



                                                        PT Medika Inovasi Nusantara (“MIN”)

                                                                                                                          Jumlah Aset
                                                                    Persentase Kepemilikan
          Domisili                 Tahun Beroperasi                                                                  (dalam jutaan Rupiah)
                                                                     Ownership Percentage
         Residence                 Year of Operation                                                                       Total Assets
                                                                             (%)
                                                                                                                       (in million Rupiah)
         Indonesia                       2025                                  99,90                                          1.345
                                                                        Bidang Usaha
                                                                        Business Line
Aktivitas Pengembangan Aplikasi Perdagangan melalui Internet (e-Commerce),       Internet-Based Trade Application Development Activities (e-Commerce),
Aktivitas Pengolahan Data, Portal Web dan/atau Platform Digital dengan           Data Processing Activities, Web Portals and/or Digital Platforms for
Tujuan Komersial, Jasa Penyelenggara Event Khusus (Special Event), Aktivitas     Commercial Purposes, Special Event Organizer Services, Private Clinic
Klinik Swasta, serta Aktivitas Pelayanan Penunjang Kesehatan.                    Activities, as well as Supporting Healthcare Service Activities.
                                                                             Alamat
                                                                             Address
                                                          Sinar Mas Land Plaza Sudirman Lt. 12
                                                 Jl. Jenderal Sudirman Kav. 21, Kel. Karet, Kec. Setiabudi
                                                                 Jakarta Selatan, Jakarta
                                                                          Pengurus
                                                                         Management
Dewan Komisaris                                                                  Board of Commissioners
Komisaris Utama          : Fendy                                                 President Commissioner             : Fendy
Komisaris                : Widjanarko Brotosaputro                               Commissioner 		                    : Widjanarko Brotosaputro
Direksi                                                                          Board of Directors
Direktur Utama           : Tjong, Hendra Heryanto                                President Director 		              : Tjong, Hendra Heryanto
Direktur                 : Yurid’ka Azkaa                                        Director 			                       : Yurid’ka Azkaa
Direktur                 : Elvira Sofiyanti                                      Director 			                       : Elvira Sofiyanti




                                                                                                                      PT Pyridam Farma Tbk           99
Page 102
        Ikhtisar Kinerja                      Laporan Manajemen                       Profil Perusahaan                     Analisis dan Pembahasan Manajemen
    Performance Highlights                    Management Reports                      Company Profile                       Management Discussions and Analysis




Kepemilikan Tidak Langsung melalui Pyfa Health Singapore Pte. Ltd.
Indirect Ownership via Pyfa Health Singapore Pte. Ltd.
                                                                     Pyfa Australia Pty Ltd

                                                                                                                                 Jumlah Aset
                                                                       Persentase Kepemilikan
          Domisili                   Tahun Beroperasi                                                                       (dalam jutaan Rupiah)
                                                                        Ownership Percentage
         Residence                   Year of Operation                                                                            Total Assets
                                                                                (%)
                                                                                                                              (in million Rupiah)
            Australia                       2024                                100,00*)                                           3.008.005
                                                                              Deskripsi
                                                                             Description
 Holding Company.                                                                    Holding Company.
                                                                              Alamat
                                                                              Address
                                                                     South Tower Level 16 80
                                                                Collins Street Melbourne Vic 3000
                                                                             Pengurus
                                                                            Management
 Direksi                                                                             Board of Directors
 Direktur                 : Lee Yan Gwan                                             Director 		              : Lee Yan Gwan
 Direktur                 : Andrew Guy Phillips                                      Director 		              : Andrew Guy Phillips

*) Berdasarkan kepemilikan atas saham biasa dengan hak suara dan saham berupa redeemable preference shares yang dikeluarkan oleh Pyfa Australia Pty Ltd.
*) Based on ownership of ordinary shares with voting rights and redeemable preference shares issued by Pyfa Australia Pty Ltd.




Kepemilikan Tidak Langsung melalui Pyfa Australia Pty Ltd
Indirect Ownership via Pyfa Australia Pty Ltd
                                    Probiotec Pty Ltd (dahulu Probiotec Limited / formerly Probiotec Limited)

                                                                                                                                   Jumlah Aset
                                                                           Persentase Kepemilikan
             Domisili                   Tahun Beroperasi                                                                      (dalam jutaan Rupiah)
                                                                            Ownership Percentage
            Residence                   Year of Operation                                                                           Total Assets
                                                                                    (%)
                                                                                                                                (in million Rupiah)
            Australia                          2002                                  100,00                                          1.982.431
                                                                              Deskripsi
                                                                             Description
 Produsen Contract Development and Manufacturing Organization                        Leading Contract Development Manufacturing Organization (“CDMO”)
 (“CDMO”) farmasi terkemuka yang berfokus pada produk obat resep dan                 pharmaceutical manufacturer focused on prescription and OTC products,
 Over-the-Counter (“OTC”), serta pengemasan barang konsumsi yang                     as well as Fast-Moving Consumer Goods (FMCG) packaging.
 bergerak cepat (Fast-Moving Consumer Goods/FMCG).
                                                                              Alamat
                                                                              Address
                                                                         73-83 Cherry Lane
                                                                      Laverton North Vic 3026
                                                                             Australia
                                                                             Pengurus
                                                                            Management
 Direksi                                                                             Board of Directors
 Direktur                 : Matthew William Edward Bamford                           Director 		              : Matthew William Edward Bamford
 Direktur                 : Sinta Lestari Ningsih                                    Director 		              : Sinta Lestari Ningsih




  100         Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
Page 103
Tata Kelola Perusahaan yang Baik                  Laporan Keberlanjutan
  Good Corporate Governance                        Sustainability Report




Kepemilikan Tidak Langsung melalui Probiotec Pty Ltd ((dahulu Probiotec Limited)
dan Anak-Anak Perusahaannya)
Indirect Ownership via Probiotec Pty Ltd ((formerly Probiotec Limited) and its Subsidiaries)
                                                         Biotech Pharmaceuticals Pty Ltd

                                                                                                                          Jumlah Aset
                                                                  Persentase Kepemilikan
          Domisili                 Tahun Beroperasi                                                                  (dalam jutaan Rupiah)
                                                                   Ownership Percentage
         Residence                 Year of Operation                                                                       Total Assets
                                                                           (%)
                                                                                                                       (in million Rupiah)
           Australia                     2014                                 100,00                                        528.836
                                                                            Deskripsi
                                                                           Description
Importir bahan/material.                                                         Importer of materials.
                                                                            Alamat
                                                                            Address
                                                                    83 Cherry Lane
                                                                Laverton North VIC 3026
                                                                       Australia
                                                                        Pengurus
                                                                       Management
Direksi                                                                          Board of Di rectors
Direktur                 : Matthew William Edward Bamford                        Director 		              : Matthew William Edward Bamford
Direktur                 : Sinta Lestari Ningsih                                 Director 		              : Sinta Lestari Ningsih



                                                          Probiotec Pharma Pty Limited

                                                                                                                          Jumlah Aset
                                                                  Persentase Kepemilikan
          Domisili                 Tahun Beroperasi                                                                  (dalam jutaan Rupiah)
                                                                   Ownership Percentage
         Residence                 Year of Operation                                                                       Total Assets
                                                                           (%)
                                                                                                                       (in million Rupiah)

           Australia                     2000                                 100,00                                        480.434

                                                                            Deskripsi
                                                                           Description
Produsen kontrak produk farmasi.                                                 Contract manufacturer of pharmaceutical products.
                                                                            Alamat
                                                                            Address
                                                                   73-83 Cherry Lane
                                                                Laverton North VIC 3026
                                                                       Australia
                                                                        Pengurus
                                                                       Management
Direksi                                                                          Board of Di rectors
Direktur                 : Matthew William Edward Bamford                        Director 		              : Matthew William Edward Bamford
Direktur                 : Sinta Lestari Ningsih                                 Director 		              : Sinta Lestari Ningsih




                                                                                                                      PT Pyridam Farma Tbk   101
Page 104
      Ikhtisar Kinerja                  Laporan Manajemen                 Profil Perusahaan                   Analisis dan Pembahasan Manajemen
  Performance Highlights                Management Reports                Company Profile                     Management Discussions and Analysis




                                   Probiotec LJM Pty Ltd (dahulu L.J.M. Marketing Services Pty Ltd)

                                                                                                                   Jumlah Aset
                                                              Persentase Kepemilikan
        Domisili                Tahun Beroperasi                                                              (dalam jutaan Rupiah)
                                                               Ownership Percentage
       Residence                Year of Operation                                                                   Total Assets
                                                                       (%)
                                                                                                                (in million Rupiah)
           Australia                  2005                            100,00                                         308.019
                                                                    Deskripsi
                                                                   Description
Jasa pengemasan.                                                         Co-packing services.
                                                                    Alamat
                                                                    Address
                                                                79-83 Cherry Lane
                                                             Laverton North VIC 3026
                                                                    Australia
                                                                   Pengurus
                                                                  Management
Direksi                                                                  Board of Di rectors
Direktur               : Matthew William Edward Bamford                  Director 		               : Matthew William Edward Bamford
Direktur               : Sinta Lestari Ningsih                           Director 		               : Sinta Lestari Ningsih



                                                              ABS (Aus) Pty Ltd

                                                                                                                     Jumlah Aset
                                                                 Persentase Kepemilikan
           Domisili                Tahun Beroperasi                                                             (dalam jutaan Rupiah)
                                                                  Ownership Percentage
           Domicile                Year of Operation                                                                  Total Assets
                                                                          (%)
                                                                                                                  (in million Rupiah)
           Australia                     2019                             100,00                                       110.300
                                                                    Deskripsi
                                                                   Description
Jasa pengemasan farmasi kontrak.                                                 Contract pharmaceutical packaging services.
                                                                    Alamat
                                                                    Address
                                                                73-83 Cherry Lane
                                                             Laverton North VIC 3026
                                                                    Australia
                                                                   Pengurus
                                                                  Management
Direksi                                                                          Board of Di rectors
Direktur               : Matthew William Edward Bamford                          Director 		           : Matthew William Edward Bamford
Direktur               : Sinta Lestari Ningsih                                   Director 		           : Sinta Lestari Ningsih



                                                        Probiotec Multipack Pty Ltd

                                                                                                                   Jumlah Aset
                                                              Persentase Kepemilikan
           Domisili             Tahun Beroperasi                                                              (dalam jutaan Rupiah)
                                                               Ownership Percentage
           Domicile             Year of Operation                                                                   Total Assets
                                                                       (%)
                                                                                                                (in million Rupiah)
           Australia                  2002                            100,00                                        1.254.568
                                                                    Deskripsi
                                                                   Description
Jasa pengemasan.                                                         Co-packing services.




 102         Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
Page 105
Tata Kelola Perusahaan yang Baik                  Laporan Keberlanjutan
  Good Corporate Governance                        Sustainability Report




                                                            Probiotec Multipack Pty Ltd

                                                                            Alamat
                                                                            Address
                                                                   73-83 Cherry Lane
                                                                Laverton North VIC 3026
                                                                       Australia
                                                                        Pengurus
                                                                       Management
Direksi                                                                          Board of Di rectors
Direktur                 : Matthew William Edward Bamford                        Director 		            : Matthew William Edward Bamford
Direktur                 : Sinta Lestari Ningsih                                 Director 		            : Sinta Lestari Ningsih



                                                       South Pack Laboratories (Aust) Pty Ltd

                                                                                                                        Jumlah Aset
                                                                  Persentase Kepemilikan
           Domisili                Tahun Beroperasi                                                                (dalam jutaan Rupiah)
                                                                   Ownership Percentage
           Domicile                Year of Operation                                                                     Total Assets
                                                                           (%)
                                                                                                                     (in million Rupiah)
           Australia                     2016                                 100,00                                      87.789
                                                                            Deskripsi
                                                                           Description
Jasa pengemasan farmasi kontrak.                                                 Contract pharmaceutical packaging services.
                                                                            Alamat
                                                                            Address
                                                                   73-83 Cherry Lane
                                                                Laverton North VIC 3026
                                                                       Australia
                                                                        Pengurus
                                                                       Management
Direksi                                                                          Board of Di rectors
Direktur                 : Matthew William Edward Bamford                        Director 		            : Matthew William Edward Bamford
Direktur                 : Sinta Lestari Ningsih                                 Director 		            : Sinta Lestari Ningsih



                                                                HH Packaging Pty Ltd

                                                                                                                        Jumlah Aset
                                                                  Persentase Kepemilikan
           Domisili                Tahun Beroperasi                                                                (dalam jutaan Rupiah)
                                                                   Ownership Percentage
           Domicile                Year of Operation                                                                     Total Assets
                                                                           (%)
                                                                                                                     (in million Rupiah)
           Australia                     2021                                 100,00                                           848
                                                                            Deskripsi
                                                                           Description
Jasa pengemasan.                                                                 Co-packing services.
                                                                            Alamat
                                                                            Address
                                                                   79-83 Cherry Lane
                                                                Laverton North VIC 3026
                                                                       Australia
                                                                        Pengurus
                                                                       Management
Direksi                                                                          Board of Di rectors
Direktur                 : Matthew William Edward Bamford                        Director 		            : Matthew William Edward Bamford
Direktur                 : Sinta Lestari Ningsih                                 Director 		            : Sinta Lestari Ningsih




                                                                                                                    PT Pyridam Farma Tbk   103
Page 106
      Ikhtisar Kinerja                  Laporan Manajemen                 Profil Perusahaan                Analisis dan Pembahasan Manajemen
  Performance Highlights                Management Reports                Company Profile                  Management Discussions and Analysis




                                                      Australian Dairy Proteins Pty Ltd

                                                                                                                Jumlah Aset
                                                              Persentase Kepemilikan
           Domisili             Tahun Beroperasi                                                           (dalam jutaan Rupiah)
                                                               Ownership Percentage
           Domicile             Year of Operation                                                                Total Assets
                                                                       (%)
                                                                                                             (in million Rupiah)
                                Belum Beroperasi
           Australia                                                  100,00                                          -
                               Not Yet Operational
                                                                    Deskripsi
                                                                   Description
Belum beroperasi.                                                        Not yet operational.
                                                                    Alamat
                                                                    Address
                                                                73-83 Cherry Lane
                                                             Laverton North VIC 3026
                                                                    Australia
                                                                   Pengurus
                                                                  Management
Direksi                                                                  Board of Di rectors
Direktur               : Matthew William Edward Bamford                  Director 		            : Matthew William Edward Bamford
Direktur               : Sinta Lestari Ningsih                           Director 		            : Sinta Lestari Ningsih



                                                Biotech Pharmaceuticals Australia Pty Ltd

                                                                                                                Jumlah Aset
                                                              Persentase Kepemilikan
           Domisili             Tahun Beroperasi                                                           (dalam jutaan Rupiah)
                                                               Ownership Percentage
           Domicile             Year of Operation                                                                Total Assets
                                                                       (%)
                                                                                                             (in million Rupiah)
                                Belum Beroperasi
           Australia                                                  100,00                                          -
                               Not Yet Operational
                                                                    Deskripsi
                                                                   Description
Belum beroperasi.                                                        Not yet operational.
                                                                    Alamat
                                                                    Address
                                                                73-83 Cherry Lane
                                                             Laverton North VIC 3026
                                                                    Australia
                                                                   Pengurus
                                                                  Management
Direksi                                                                  Board of Di rectors
Direktur               : Matthew William Edward Bamford                  Director 		            : Matthew William Edward Bamford
Direktur               : Sinta Lestari Ningsih                           Director 		            : Sinta Lestari Ningsih



                                                        Willie Labs Generics Pty Ltd

                                                                                                                Jumlah Aset
                                                              Persentase Kepemilikan
           Domisili             Tahun Beroperasi                                                           (dalam jutaan Rupiah)
                                                               Ownership Percentage
           Domicile             Year of Operation                                                                Total Assets
                                                                       (%)
                                                                                                             (in million Rupiah)
                                Belum Beroperasi
           Australia                                                  100,00                                          -
                               Not Yet Operational
                                                                    Deskripsi
                                                                   Description
Belum beroperasi.                                                        Not yet operational.
                                                                    Alamat
                                                                    Address
                                                                73- 83 Cherry Lane
                                                             Laverton North VIC 3026
                                                                     Australia
                                                                   Pengurus
                                                                  Management
Direksi                                                                  Board of Di rectors
Direktur               : Matthew William Edward Bamford                  Director 		            : Matthew William Edward Bamford
Direktur               : Sinta Lestari Ningsih                           Director 		            : Sinta Lestari Ningsih




 104         Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
Page 107
Tata Kelola Perusahaan yang Baik                    Laporan Keberlanjutan
  Good Corporate Governance                          Sustainability Report




                                                           Milton Pharmaceuticals Pty Ltd

                                                                                                                          Jumlah Aset
                                                                    Persentase Kepemilikan
           Domisili                Tahun Beroperasi                                                                  (dalam jutaan Rupiah)
                                                                     Ownership Percentage
           Domicile                Year of Operation                                                                       Total Assets
                                                                             (%)
                                                                                                                       (in million Rupiah)
                                    Belum Beroperasi
           Australia                                                            100,00                                         -
                                   Not Yet Operational
                                                                              Deskripsi
                                                                             Description
Belum beroperasi.                                                                  Not yet operational.
                                                                              Alamat
                                                                              Address
                                                                     73- 83 Cherry Lane
                                                                  Laverton North VIC 3026
                                                                          Australia
                                                                          Pengurus
                                                                         Management
Direksi                                                                            Board of Di rectors
Direktur                 : Matthew William Edward Bamford                          Director 		            : Matthew William Edward Bamford
Direktur                 : Sinta Lestari Ningsih                                   Director 		            : Sinta Lestari Ningsih



                                                              A.C.N. 010 040 598 Pty Ltd

                                                                                                                          Jumlah Aset
                                                                    Persentase Kepemilikan
           Domisili                Tahun Beroperasi                                                                  (dalam jutaan Rupiah)
                                                                     Ownership Percentage
           Domicile                Year of Operation                                                                       Total Assets
                                                                             (%)
                                                                                                                       (in million Rupiah)
                                    Belum Beroperasi
           Australia                                                            100,00                                         -
                                   Not Yet Operational
                                                                              Deskripsi
                                                                             Description
Belum beroperasi.                                                                  Not yet operational.
                                                                              Alamat
                                                                              Address
                                                                     73- 83 Cherry Lane
                                                                  Laverton North VIC 3026
                                                                          Australia
                                                                          Pengurus
                                                                         Management
Direksi                                                                            Board of Di rectors
Direktur                 : Matthew William Edward Bamford                          Director 		            : Matthew William Edward Bamford
Direktur                 : Sinta Lestari Ningsih                                   Director 		            : Sinta Lestari Ningsih



                                                                    LJM (NSW) Pty Ltd

                                                                                                                          Jumlah Aset
                                                                    Persentase Kepemilikan
           Domisili                Tahun Beroperasi                                                                  (dalam jutaan Rupiah)
                                                                     Ownership Percentage
           Domicile                Year of Operation                                                                       Total Assets
                                                                             (%)
                                                                                                                       (in million Rupiah)
                                    Belum Beroperasi
           Australia                                                            100,00                                         -
                                   Not Yet Operational
                                                                              Deskripsi
                                                                             Description
Belum beroperasi.                                                                  Not yet operational.
                                                                              Alamat
                                                                              Address
                                                                     79-83 Cherry Lane
                                                                  Laverton North VIC 3026
                                                                         Australia
                                                                          Pengurus
                                                                         Management
Direksi                                                                            Board of Di rectors
Direktur                 : Matthew William Edward Bamford                          Director 		            : Matthew William Edward Bamford
Direktur                 : Sinta Lestari Ningsih                                   Director 		            : Sinta Lestari Ningsih




                                                                                                                      PT Pyridam Farma Tbk   105
Page 108
      Ikhtisar Kinerja                  Laporan Manajemen                  Profil Perusahaan                Analisis dan Pembahasan Manajemen
  Performance Highlights                Management Reports                 Company Profile                  Management Discussions and Analysis




                                                             Probiotec (NSW) Pty Ltd

                                                                                                                 Jumlah Aset
                                                               Persentase Kepemilikan
           Domisili             Tahun Beroperasi                                                            (dalam jutaan Rupiah)
                                                                Ownership Percentage
           Domicile             Year of Operation                                                                 Total Assets
                                                                        (%)
                                                                                                              (in million Rupiah)
                                Belum Beroperasi
           Australia                                                   100,00                                          -
                               Not Yet Operational
                                                                     Deskripsi
                                                                    Description
Belum beroperasi.                                                         Not yet operational.
                                                                     Alamat
                                                                     Address
                                                                 73-83 Cherry Lane
                                                              Laverton North VIC 3026
                                                                     Australia
                                                                    Pengurus
                                                                   Management
Direksi                                                                   Board of Di rectors
Direktur               : Matthew William Edward Bamford                   Director 		            : Matthew William Edward Bamford
Direktur               : Sinta Lestari Ningsih                            Director 		            : Sinta Lestari Ningsih



                                                        Probiotec (QLD) Pty Limited

                                                                                                                 Jumlah Aset
                                                               Persentase Kepemilikan
           Domisili             Tahun Beroperasi                                                            (dalam jutaan Rupiah)
                                                                Ownership Percentage
           Domicile             Year of Operation                                                                 Total Assets
                                                                        (%)
                                                                                                              (in million Rupiah)
                                Belum Beroperasi
           Australia                                                   100,00                                          -
                               Not Yet Operational
                                                                     Deskripsi
                                                                    Description
Belum beroperasi.                                                         Not yet operational.
                                                                     Alamat
                                                                     Address
                                                                 73-83 Cherry Lane
                                                              Laverton North VIC 3026
                                                                     Australia
                                                                    Pengurus
                                                                   Management
Direksi                                                                   Board of Di rectors
Direktur               : Matthew William Edward Bamford                   Director 		            : Matthew William Edward Bamford
Direktur               : Sinta Lestari Ningsih                            Director 		            : Sinta Lestari Ningsih



                                                     Probiotec Nutritionals Pty Limited

                                                                                                                 Jumlah Aset
                                                               Persentase Kepemilikan
           Domisili             Tahun Beroperasi                                                            (dalam jutaan Rupiah)
                                                                Ownership Percentage
           Domicile             Year of Operation                                                                 Total Assets
                                                                        (%)
                                                                                                              (in million Rupiah)
                                Belum Beroperasi
           Australia                                                   100,00                                          -
                               Not Yet Operational
                                                                     Deskripsi
                                                                    Description
Belum beroperasi.                                                         Not yet operational.




 106         Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
Page 109
Tata Kelola Perusahaan yang Baik                    Laporan Keberlanjutan
  Good Corporate Governance                          Sustainability Report




                                                           Probiotec Nutritionals Pty Limited
                                                                              Alamat
                                                                              Address
                                                                     73-83 Cherry Lane
                                                                  Laverton North VIC 3026
                                                                         Australia
                                                                          Pengurus
                                                                         Management
 Direksi                                                                           Board of Di rectors
 Direktur                : Matthew William Edward Bamford                          Director 		            : Matthew William Edward Bamford
 Direktur                : Sinta Lestari Ningsih                                   Director 		            : Sinta Lestari Ningsih



                                                         Probiotec Pharmaceuticals Pty Limited

                                                                                                                          Jumlah Aset
                                                                    Persentase Kepemilikan
            Domisili               Tahun Beroperasi                                                                  (dalam jutaan Rupiah)
                                                                     Ownership Percentage
            Domicile               Year of Operation                                                                       Total Assets
                                                                             (%)
                                                                                                                       (in million Rupiah)
                                    Belum Beroperasi
            Australia                                                           100,00                                         -
                                   Not Yet Operational
                                                                              Deskripsi
                                                                             Description
 Belum beroperasi.                                                                 Not yet operational.
                                                                              Alamat
                                                                              Address
                                                                     73-83 Cherry Lane
                                                                  Laverton North VIC 3026
                                                                         Australia
                                                                          Pengurus
                                                                         Management
 Direksi                                                                           Board of Di rectors
 Direktur                : Matthew William Edward Bamford                          Director 		            : Matthew William Edward Bamford
 Direktur                : Sinta Lestari Ningsih                                   Director 		            : Sinta Lestari Ningsih




Sumber Daya Manusia
Human Resources


Sumber Daya Manusia (“SDM”) merupakan pilar utama                                    Human Resources (“HR”) serve as a fundamental pillar in
dalam memperkuat daya saing Perseroan. Dengan komitmen                               enhancing the Company’s competitiveness. With a sustained
berkelanjutan, Perseroan terus mengembangkan berbagai                                commitment, the Company continues to implement various
inisiatif yang berfokus pada karyawan untuk membentuk SDM                            employee-focused initiatives with the purpose of developing
yang unggul dan berdaya dalam menghadapi dinamika bisnis                             a high-performing and resilient HR capable of navigating
yang semakin kompleks.                                                               increasingly complex business dynamics.




                                                                                                                      PT Pyridam Farma Tbk   107
Page 110
       Ikhtisar Kinerja                      Laporan Manajemen               Profil Perusahaan                      Analisis dan Pembahasan Manajemen
   Performance Highlights                    Management Reports              Company Profile                        Management Discussions and Analysis




Profil SDM                                                                    HR Profile

Jumlah SDM Perseroan mengalami peningkatan dari 1.438                         The Company’s total workforce increased from 1,438
(seribu empat ratus tiga puluh delapan) orang di tahun 2024                   (one thousand four hundred thirty-eight) employees in 2024
menjadi 2.720 (dua ribu tujuh ratus dua puluh) orang di tahun                 to 2,720 (two thousand seven hundred twenty) employees
2025. Informasi terkait profil SDM dalam 3 (tiga) tahun terakhir              in 2025. Information regarding the HR profile over the past
Perseroan diuraikan sebagai berikut:                                          3 (three) years is presented as follows:

Jumlah Karyawan berdasarkan Gender [POJK C.3] [GRI 2-7]
Total Employees based on Gender

                                                           2025                                2024                                   2023
              Deskripsi
             Description                          Jumlah                          Jumlah                                   Jumlah
                                                                      %                                    %                                       %
                                                   Total                           Total                                    Total

 Pria
                                                   1.423            52,32             893                  62,10               868                64,11
 Male
 Wanita
                                                   1.297            47,68             545                  37,90               486                35,89
 Female
 Jumlah
                                                   2.720            100,00           1.438             100,00                1.354               100,00
 Total


Jumlah Karyawan berdasarkan Status [POJK C.3] [GRI 2-7]
Total Employees based on Status

                                           2025                                      2024                                           2023
     Deskripsi
    Description             Pria    Wanita Jumlah                    Pria    Wanita Jumlah                         Pria    Wanita Jumlah
                                                             %                                         %                                               %
                            Male    Female Total                     Male    Female Total                          Male    Female Total

 Karyawan Tetap
 Permanent                  1.142    964         2.106     77,43      838     507       1.345         93,53        805        457      1.262        93,21
 Employees
 Karyawan Kontrak
 Contract                   281      333          614      22,57       55       38            93       6,47         63         29           92         6,79
 Employees
 Jumlah
                            1.423   1.297        2.720     100,00     893     545       1.438      100,00          868        486      1.354       100,00
 Total


Karyawan berdasarkan Jenjang Pendidikan [POJK C.3]
Total Employees based on Education Level
                                           2025                                      2024                                           2023
     Deskripsi
    Description             Pria    Wanita Jumlah                    Pria    Wanita Jumlah                         Pria    Wanita Jumlah
                                                             %                                         %                                               %
                            Male    Female Total                     Male    Female Total                          Male    Female Total

 Strata Sarjana
 (S1, Apoteker, S2)
 Bachelor’s Degree           460      540        1.000      36,76     245     256            501      34,84        217        229          446      32,94
 (S1), Pharmacist,
 Master’s Degree
 (S2)
 Diploma                     240      345          585      21,51      55       60           115       8,00         50         53          103         7,61
 Non-Sarjana
 (SMA, SMP, SD)
 Non-Degree (High
                             723      412        1.135      41,73     593     229            822      57,16        601        204          805      59,45
 School, Junior High
 School, Elementary
 School)
 Jumlah
                            1.423    1.297       2.720     100,00     893     545       1.438      100,00          868        486      1.354       100,00
 Total




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  Good Corporate Governance                         Sustainability Report




Jumlah Karyawan berdasarkan Level Jabatan [POJK C.3]
Total Employees based on Position Level

                                           2025                                            2024                                 2023
     Deskripsi
    Description           Pria     Wanita Jumlah                       Pria       Wanita Jumlah                  Pria   Wanita Jumlah
                                                             %                                            %                                     %
                          Male     Female Total                        Male       Female Total                   Male   Female Total

 Pelaksana (Non
 Staf - Supervisor)
                          1.285    1.179      2.464        90,59        825         463       1.288      89,57   739      396      1.135       83,83
 Executor (Non-
 Staff - Supervisor)
 Manajemen (Senior
 Supervisor ke atas)
 Management                 138      118          256       9,41            68       82           150    10,43   129       90           219    16,17
 (Senior Supervisor
 and above)
 Jumlah
                          1.423    1.297      2.720      100,00         893         545       1.438     100,00   868      486      1.354      100,00
 Total


Jumlah Karyawan berdasarkan Usia [POJK C.3]
Total Employees based on Age

                                           2025                                            2024                                 2023
     Deskripsi
    Description           Pria     Wanita Jumlah                       Pria       Wanita Jumlah                  Pria   Wanita Jumlah
                                                             %                                            %                                     %
                          Male     Female Total                        Male       Female Total                   Male   Female Total

 18–24 Tahun
                             194     192          386      14,19            70       68           138     9,60    90       71           161    11,89
 18–24 Years Old
 25–34 Tahun
                             548     453      1.001        36,80        451         308           759    52,78   441      264           705    52,07
 25–34 Years Old
 35–44 Tahun
                             413     309          722      26,54        290         116           406    28,23   265      108           373    27,55
 35–44 Years Old
 45–54 Tahun
                             170     215          385      14,15            70       53           123     8,55    62       42           104     7,68
 45–54 Years Old
 >55 Tahun
                              98     128          226        8,31           12         -           12     0,83    10        1            11     0,81
 >55 Years Old
 Jumlah
                           1.423    1.297     2.720       100,00        893         545       1.438     100,00   868      486      1.354      100,00
 Total


Tingkat Pergantian Karyawan [ESG S-03]
Employee Turnover Rate

                                                                                                                      Persentase Karyawan
                              Deskripsi                                          Jumlah Karyawan 2025
                                                                                                                  Percentage to Total Employees
                             Description                                         Total Employees in 2025
                                                                                                                               (%)

Jumlah Karyawan Keluar
                                                                                             605                                22,50
Total Outgoing Employees
Jumlah Karyawan Baru
                                                                                             725                                26,65
Total Incoming Employees




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Jumlah Karyawan Sementara [ESG S-04] [GRI 2-8]
Total Temporary Employees

                                                                                                                                   Persentase Karyawan
                                Deskripsi                                           Jumlah Karyawan 2025
                                                                                                                               Percentage to Total Employees
                               Description                                          Total Employees in 2025
                                                                                                                                            (%)

 Jumlah karyawan Perseroan yang dipegang oleh kontraktor
 dan/atau konsultan
                                                                                                   55                                            2,05
 Total Company’s employees managed by contractors and/or
 consultants

Catatan : Data demografi karyawan di atas mencakup karyawan Perseroan serta 4 (empat) Entitas Anak, yaitu Holi, Ethica, Probiotec Pty Ltd, dan PT Medika Inovasi Nusantara.
Note    : The employee demographic data above includes the Company’s employees as well as its four Subsidiaries, namely Holi, Ethica, Probiotec Pty Ltd, and PT Medika
          Inovasi Nusantara.




Program Pengembangan Sumber Daya                                                         Human Resource Development Program
Manusia [POJK F.22] [ESG S-05]                                                           [POJK F.22] [ESG S-05]


Program pengembangan SDM merupakan sarana strategis                                      The Company’s HR development programs serve as a strategic
bagi Perseroan untuk mengoptimalkan kompetensi karyawan                                  means to optimize employee competencies through education,
melalui pendidikan, pelatihan, serta keterlibatan dalam                                  training, and participation in internal projects. These programs
berbagai proyek internal. Program ini tidak hanya berfokus                               focus not only on improving individual capabilities but
pada peningkatan kemampuan individu, tetapi juga menjadi                                 also on driving the Company’s sustainable growth. Beyond
penggerak pertumbuhan berkelanjutan bagi Perseroan.                                      classroom learning, the Human Resources Division provides
Selain pembelajaran di kelas, Divisi Human Resources juga                                opportunities for experiential learning to prepare employees
menawarkan kesempatan belajar melalui praktik nyata agar                                 for challenges in business expansion and innovation. With
karyawan siap menghadapi tantangan ekspansi dan inovasi                                  a structured planning approach, these programs are aligned
bisnis. Dengan perencanaan yang terstruktur, program ini                                 with the Company’s needs and the evolving dynamics of
diselaraskan dengan kebutuhan perusahaan serta dinamika                                  the pharmaceutical industry. [GRI 3-3]
industri farmasi yang terus berkembang. [GRI 3-3]


Sepanjang tahun 2025, fokus program pengembangan                                         Throughout 2025, the employee competency development
kompetensi karyawan diarahkan pada aspek berikut: [GRI 404-2]                            programs focused on the following areas: [GRI 404-2]
1. Kompetensi Umum (Inti dan Manajerial); serta                                          1. General Competencies (Core and Managerial); and
2. Kompetensi Teknis.                                                                    2. Technical Competencies.


Adapun realisasi terkait program pengembangan SDM                                        The achievements and implementation of the Company’s HR
Perseroan sepanjang tahun 2025 terakhir diuraikan                                        development programs during 2025 are presented as follows:
sebagai berikut:


                                               Jumlah Karyawan yang                                                                  Rata-rata Jam Pelatihan
                                               Memperoleh Pelatihan                                                                       per Karyawan
               Uraian                                  (Orang)                                   Jam Pelatihan                            (Jam/Orang)
             Description                      Total Employees Received                           Training Hours                      Average Training Hours
                                                      Training                                                                            per Employee
                                                      (People)                                                                           (Hour/Person)

 Jumlah
                                                            2.579                                       6.010                                      2,33
 Total
 Berdasarkan Gender
 Based on Gender
 Pria
                                                            1.350                                       3.914                                      2,61
 Male
 Wanita
                                                            1.260                                       2.580                                      2,03
 Female




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  Good Corporate Governance                            Sustainability Report




                                Uraian                                                Jumlah Program                     Jumlah Peserta
                              Description                                              Total Program                     Total Participant

 Pyfa                                                                                             39                            1.625

 Ethica                                                                                          403                            3.682

 Holi                                                                                             71                              463
 Probiotec Pty Ltd                                                                                 3                            1.135
 PT Medika Inovasi Nusantara                                                                       1                               31
 Jumlah
                                                                                                 516                            6.905
 Total

Catatan : Setiap karyawan dapat mengikuti lebih dari 1 (satu) program pengembangan kompetensi.
Note    : Each employee may participate in more than 1 (one) competency development program.




Rencana Program Pengembangan                                                          HR Development Program Plan for 2026
SDM 2026

Dalam rangka memperkuat daya saing dan mencapai tujuan                                To strengthen competitiveness and achieve long-term
jangka panjang, Perseroan merancang program pengembangan                              objectives, the Company has designed HR development
SDM yang berfokus pada peningkatan kompetensi karyawan                                programs focused on improving employee competencies in
sesuai dengan Visi Perusahaan. Program ini juga menjadi                               line with the Company’s Vision. These programs also serve as
langkah antisipatif dalam menghadapi dinamika tantangan dan                           proactive measures to address the dynamic challenges and
peluang bisnis. Rencana pengembangan SDM pada tahun 2026                              opportunities in the business environment. The human resource
diuraikan sebagai berikut:                                                            development plans for 2026 are described as follows:
1. Pelatihan karyawan, baik yang bersifat internal maupun                             1. Employee training programs, both internal and external,
    eksternal, termasuk pelatihan wajib lainnya, seperti                                   including other mandatory training, such as in-depth
    pelatihan mendalam Respect@Work, pelatihan terkait Good                                Respect@Work training, training related to Good
    Manufacturing Practice (“GMP”), pelatihan terkait Standard                             Manufacturing Practice (“GMP”), training on Standard
    Operating Procedure (“SOP”), serta pelatihan terkait                                   Operating Procedures (“SOP”), as well as leadership
    dukungan kepemimpinan;                                                                 support training;
2. Program pengembangan melalui berbagai project; serta                               2. Development programs through a number of different
                                                                                           projects; and
3. Program pengembangan melalui coaching dan counselling.                             3. Development programs through coaching and counselling.




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  Performance Highlights               Management Reports                   Company Profile                    Management Discussions and Analysis




Akuntan Publik
Public Accountant



Nama Kantor Akuntan Publik
                                        Purwanto, Susanti & Surja
Name of Public Accounting Firm

Nama Akuntan Publik
                                        Daniel Amdhani Judistira, CPA
Name of Public Accountant
                                        Indonesia Stock Exchange Building Tower 2, 7th Floor
Alamat
                                        Jl. Jenderal Sudirman Kav. 52 – 53
Address                                 Jakarta 12190

Opini                                   Wajar dalam semua hal yang material.
Opinion                                 Unqualified in all material respects.

                                        Audit       : Mengaudit Laporan Keuangan Konsolidasian Perseroan dan Entitas Anak untuk tahun buku 2025.
                                        Non-Audit : Tidak ada.
Jasa yang Diberikan
                                        Audit       : Audit of the Consolidated Financial Statements of the Company and its Subsidiaries for the 2025
Service Provided                        financial year.
                                        Non-Audit : None.

Periode Penugasan
                                        2025
Assignment Period
                                        Audit        : Rp1.200.000.000,00
Biaya Jasa (Fee) Audit                  Non-Audit : -
Audit Fee                               Audit        : Rp1,200,000,000.00
                                        Non-Audit: -

Jasa Non-Audit                          Tidak terdapat jasa lainnya.
Non-Audit Fee                           Did not provide other services.




Lembaga dan Profesi Penunjang Pasar Modal
Capital Market Supporting Institutions and Professionals


                                       Pencatatan dan Perdagangan Saham: Bursa Efek Indonesia
                                        Listing and Trading of Shares: Indonesia Stock Exchange

                    Alamat                                    Jasa yang Diberikan                                  Masa Penugasan
                    Address                                    Service Provided                                   Assignment Period
Gedung Bursa Efek Indonesia Menara 1            Pencatatan saham dan obligasi Perseroan.            Tidak terbatas.
Jl. Jenderal Sudirman Kav. 52-53                Recording the Company’s shares and bonds.           Unlimited.
Jakarta 12190



                                             Biro Administrasi Efek: PT Sinartama Gunita
                                        Securities Administration Bureau: PT Sinartama Gunita

                    Alamat                                    Jasa yang Diberikan                                  Masa Penugasan
                    Address                                    Service Provided                                   Assignment Period
Menara Tekno Lt. 7                              Pemeliharaan data saham dan penyelenggaraan         Tidak terbatas.
Jl. Fachrudin No. 19, RT 01/RW 07               RUPS Tahunan.                                       Unlimited.
Kel. Kampung Bali, Kec. Tanah Abang             Maintenance of share data and organization of
Jakarta Pusat 10250                             the Annual GMS.




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  Good Corporate Governance                       Sustainability Report




                                                       Kustodian Sentral Efek Indonesia
                                                   Indonesian Central Securities Depository

                      Alamat                                      Jasa yang Diberikan                                 Masa Penugasan
                      Address                                      Service Provided                                  Assignment Period
Gedung Bursa Efek Indonesia Menara 1 Lt. 5         Melaksanakan pembayaran obligasi Perseroan          Tidak terbatas.
Jl. Jenderal Sudirman Kav. 52-53                   kepada      Pemegang      dan   Pelaksanaan         Unlimited.
Jakarta 12190                                      Penambahan      Modal    Perseroan    dengan
                                                   memberikan Hak Memesan Efek Terlebih
                                                   Dahulu I Tahun 2025 (“PMHMETD I”).
                                                   Execution of the Company’s bond payments
                                                   to Security Holders and implementation of the
                                                   Capital Increasewith Pre-emptive Rights I in
                                                   2025 (“PMHMETD I”).



                                            Notaris: Kantor Notaris Buntario Tigris, S.H., S.E., M.H
                                            Notary: Notary Office of Buntario Tigris, S.H., S.E., M.H

                      Alamat                                      Jasa yang Diberikan                                 Masa Penugasan
                      Address                                      Service Provided                                  Assignment Period
Wisma Tigris                                       Penyelenggaraan RUPS Tahunan 2025.                  2025
Jl. Batu Ceper 19 DEF                              Organization of 2025 Annual GMS.
Jakarta Pusat 10120



                                   Kantor Notaris Publik: Kantor Notaris Mochammad Nova Faisal, S.H., M.Kn
                                   Public Notary Office: Notary Office of Mochammad Nova Faisal, S.H., M.Kn

                      Alamat                                      Jasa yang Diberikan                                 Masa Penugasan
                      Address                                      Service Provided                                  Assignment Period
World Capital Tower Lt. 17, Unit 01-02             • Pembuatan        Akta    Pernyataan      Rapat    2025
JI. Dr. Ide Anak Agung Gde Agung Lot. D              peningkatan modal ditempatkan dan disetor
Mega Kuningan                                        Perseroan sehubungan dengan pelaksanaan
Jakarta Selatan 12950                                konversi Waran Seri I menjadi saham.
                                                   • Pembuatan akta notaris sehubungan dengan
                                                     Penawaran Umum Berkelanjutan Obligasi
                                                     Berkelanjutan II Pyridam Farma Tahap I
                                                     Tahun 2025.
                                                   • Preparation of the Deed of Statement of
                                                     Meeting Resolution regarding the increase of
                                                     the Company’s issued and paid-up capital in
                                                     relation to the conversion of Series I Warrants
                                                     into shares.
                                                   • Preparation of notarial deeds in relation to
                                                     the Continuing Public Offering of Obligasi
                                                     Berkelanjutan II Pyridam Farma Tahap I Year
                                                     2025.



                                         Kantor Notaris Publik: Kantor Notaris Pratiwi Handayani, S.H.
                                         Public Notary Office: Notary Office of Pratiwi Handayani, S.H.

                      Alamat                                      Jasa yang Diberikan                                 Masa Penugasan
                      Address                                      Service Provided                                  Assignment Period
Gedung Jaya Lt. 2                                  Pembuatan akta notaris sehubungan dengan            2025
Jl. MH. Thamrin No. 12                             Rapat Umum Pemegang Obligasi Berkelanjutan
Jakarta 10340                                      I Pyridam Farma Tahap III Tahun 2024.
                                                   Preparation of notarial deeds in relation to
                                                   the Bondholders General Meeting of Obligasi
                                                   Berkelanjutan I Pyridam Farma Tahap III Year
                                                   2024.




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                                       Konsultan Hukum: Armand Yapsunto Muharamsyah dan Rekan
                                      Legal Consultant: Armand Yapsunto Muharamsyah and Partners

                      Alamat                                   Jasa yang Diberikan                                  Masa Penugasan
                      Address                                   Service Provided                                   Assignment Period
 Generali Tower                                   Asistensi sehubungan dengan Penawaran             2025
 Jl. Epicentrum Tengah, RT 02/RW 05               Umum Berkelanjutan Obligasi Berkelanjutan II
 Karet Kuningan, Setiabudi                        Pyridam Farma Tahap I Tahun 2025.
 Jakarta Selatan 12940                            Assistance in relation to the Continuing Public
                                                  Offering of Obligasi Berkelanjutan II Pyridam
                                                  Farma Tahap I Year 2025.



                                                   Wali Amanat: PT Bank KB Bukopin Tbk
                                                    Trustee: PT Bank KB Bukopin Tbk

                      Alamat                                   Jasa yang Diberikan                                  Masa Penugasan
                      Address                                   Service Provided                                   Assignment Period
 Jl. Letjen MT Haryono No. Kav 50-51,             Mewakili kepentingan Pemegang Obligasi            2025
 RT 03/ RW 04, Cikoko                             Perseroan.
 Kec. Pancoran                                    Representing the interests of the Company’s
 Jakarta Selatan 12770                            Bondholders.




Informasi pada Situs Web Perusahaan
Information on the Company’s Website


Perseroan berkomitmen menjaga transparansi dengan                           The Company is committed to maintaining transparency by
menyediakan situs web resmi yang sesuai dengan ketentuan                    providing an official website in accordance with the provisions
Peraturan Otoritas Jasa Keuangan No. 8/POJK.04/2015                         of Financial Services Authority Regulation No. 8/POJK.04/2015
tentang Situs Web Emiten atau Perusahaan Publik                             concerning the Websites of Issuers or Public Companies
(“POJK 4/2015”). Melalui situs web ini, pemegang saham                      (“POJK 8/2015”). Through this website, the shareholders
dan pemangku kepentingan lainnya dapat dengan mudah                         and other stakeholders can easily access information about
memperoleh informasi mengenai Perseroan. Informasi yang                     the Company. The information disclosed on the website
diungkapkan melalui situs web tersebut mencakup hal-hal                     includes the following:
sebagai berikut:


                                 Deskripsi                                                              Keterangan
                                Description                                                              Remarks

 Beranda
                                                                          https://pyfa.co.id/id/homepage-bahasa-indonesia/
 Home
 Profil Perusahaan
 Company Profile
 Tentang Kami
                                                                          https://pyfa.co.id/id/tentang-kami/
 About Us
 Direksi
                                                                          https://pyfa.co.id/id/tentang-kami/direksi/
 Board of Directors
 Dewan Komisaris
                                                                          https://pyfa.co.id/id/tentang-kami/dewan-komisaris/
 Board of Commissioners
 Struktur Organisasi
                                                                          https://pyfa.co.id/id/tentang-kami/struktur-organisasi/
 Organization Structure
 Struktur Kepemilikan Perseroan dan Entitas Anak                          https://pyfa.co.id/id/tentang-kami/struktur-kepemilikan-perseroan-
 Shareholding Structure of the Company and Subsidiaries                   dan-entitas-anak/




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  Good Corporate Governance                       Sustainability Report




                                    Deskripsi                                                            Keterangan
                                   Description                                                            Remarks

Jaringan Distribusi
                                                                          https://pyfa.co.id/id/tentang-kami/jaringan-distribusi/
Distribution Network
Tata Kelola Perusahaan
                                                                          https://pyfa.co.id/id/tata-kelola-perusahaan/
Corporate Governance
Institusi dan Profesi Penunjang
                                                                          https://pyfa.co.id/id/tentang-kami/institusi-dan-profesi-penunjang/
Supporting Institutions and Professionals
Tanggung Jawab Sosial Perusahaan                                          https://pyfa.co.id/id/tentang-kami/tanggung-jawab-sosial-
Corporate Social Responsibility                                           perusahaan/
Investor
Laporan Tahunan dan Laporan Berkelanjutan
                                                                          https://pyfa.co.id/id/laporan-tahunan/
Annual Report and Sustainability Report
Laporan Keuangan Triwulan
                                                                          https://pyfa.co.id/id/laporan-keuangan-triwulanan/
Quarterly Financial Report
Ikhtisar Keuangan
                                                                          https://pyfa.co.id/id/ikhtisar-keuangan/
Financial Highlight
Presentasi Perusahaan
                                                                          https://pyfa.co.id/id/presentasi-perusahaan/
Company Presentation
Prospektus
                                                                          https://pyfa.co.id/id/prospektus/
Prospectus
Informasi terkait Rapat Umum Pemegang Saham
                                                                          https://pyfa.co.id/id/informasi-terkait-rapat-umum-pemegang-saham/
General Meeting of Shareholders related Information
Keterbukaan Informasi
                                                                          https://pyfa.co.id/id/keterbukaan-informasi/
Information Disclosure
Informasi Saham
                                                                          https://pyfa.co.id/id/informasi-saham/
Shares Information
Komposisi Pemegang Saham
                                                                          https://pyfa.co.id/id/komposisi-pemegang-saham/
Shareholders Composition
Dividen Historis
                                                                          https://pyfa.co.id/id/dividen-historis/
Historical Dividend
Informasi Obligasi
                                                                          https://pyfa.co.id/id/informasi-obligasi/
Bond Information
Produk
                                                                          https://pyfa.co.id/id/produk-pyfa/
Products
Sektor Usaha
                                                                          https://pyfa.co.id/id/sektor-usaha/
Our Business
CDMO                                                                      https://pyfa.co.id/our-business/cdmo
Marketing Authorization
                                                                          https://pyfa.co.id/our-business/marketing-authorization-holder/
Marketing Authorization
Berita
News
Blog & Informasi Lainnya
                                                                          https://pyfahealth.com/blog/
Blog & Other Information
Siaran Pers
                                                                          https://pyfa.co.id/id/siaran-pers/
Press Release
Publikasi
                                                                          https://pyfa.co.id/id/publikasi/
Publications
Video                                                                     https://pyfa.co.id/video/
Kontak Kami
Contact Us
Kontak Kami
                                                                          https://pyfa.co.id/id/kontak-kami/
Contact Us
Karier
                                                                          https://pyfa.co.id/id/karir/
Career




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          ANALISIS DAN
PEMBAHASAN MANAJEMEN
     Management Discussions and Analysis


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   Performance Highlights             Management Reports               Company Profile               Management Discussions and Analysis




Tinjauan Ekonomi
Economic Overview

Sepanjang tahun 2025, perekonomian global menunjukkan                  Throughout 2025, the global economy demonstrated relatively
ketahanan yang relatif stabil di tengah berbagai tekanan dan           stable resilience amid various pressures and uncertainties.
ketidakpastian. Pertumbuhan ekonomi global tercatat sekitar            Global economic growth was recorded at around 3.3%,
3,3%, didorong oleh peningkatan investasi berbasis teknologi,          driven by increased technology-based investment, including
termasuk adopsi kecerdasan buatan, serta dukungan kebijakan            the adoption of artificial intelligence, as well as continued
fiskal dan moneter yang tetap akomodatif di berbagai negara.           accommodative fiscal and monetary policies across many
Namun demikian, dinamika global masih diwarnai oleh                    countries. Nevertheless, global dynamics remained influenced
sejumlah risiko penurunan, seperti ketegangan geopolitik,              by several downside risks, such as geopolitical tensions,
fluktuasi harga komoditas, dan ketidakpastian kebijakan                commodity price fluctuations, and trade policy uncertainty,
perdagangan yang berpotensi memengaruhi stabilitas rantai              which have the potential to affect supply chain stability and
pasok dan aktivitas ekonomi.                                           economic activity.


Di sisi lain, perdagangan global tumbuh moderat dengan                 On the other hand, global trade grew moderately amid
pergerakan harga komoditas yang berfluktuasi, di mana                  fluctuating commodity prices, where certain commodities
sebagian komoditas mengalami tekanan sementara                         faced pressure while energy commodities recorded increases.
komoditas energi mencatatkan kenaikan. Kondisi ini turut               This condition also affected international trade performance,
memengaruhi kinerja perdagangan internasional, khususnya               particularly for developing countries. Amid these dynamics,
bagi negara berkembang. Di tengah dinamika tersebut,                   Indonesia’s economy continued to demonstrate solid
perekonomian Indonesia tetap menunjukkan kinerja yang solid            performance with growth of 5.11%, supported by domestic
dengan pertumbuhan sebesar 5,11%, didukung oleh konsumsi               consumption, digital economic growth, and expansionary
domestik, pertumbuhan ekonomi digital, serta kebijakan                 fiscal policy. From the production side, manufacturing sectors,
fiskal yang ekspansif. Dari sisi produksi, sektor manufaktur           including the pharmaceutical industry and healthcare services,
termasuk industri farmasi dan jasa kesehatan berada pada               were in an expansionary zone, in line with increasing industrial
zona ekspansi, seiring meningkatnya aktivitas industri dan             activity and domestic demand, as well as continued investment
permintaan domestik, serta didukung oleh realisasi investasi           growth.
yang terus tumbuh.


Stabilitas makro ekonomi nasional tetap terjaga dengan inflasi         National macroeconomic stability remained well maintained,
yang terkendali dan sistem keuangan yang stabil. Transformasi          with controlled inflation and a stable financial system.
ekonomi melalui digitalisasi, hilirisasi industri, serta penguatan     Economic transformation through digitalization, downstream
sektor kesehatan dan manufaktur menjadi pilar penting dalam            industrial development, and strengthening of the healthcare
mendorong pertumbuhan yang berkelanjutan.                              and manufacturing sectors became key pillars in driving
                                                                       sustainable growth.




Tinjauan Industri
Industry Overview


Industri kesehatan dan farmasi di Indonesia pada tahun                 The healthcare and pharmaceutical industry in Indonesia in
2025 menunjukkan pertumbuhan yang tetap kuat, didorong                 2025 continued to show strong growth, driven by increasing
oleh meningkatnya kebutuhan layanan kesehatan, perluasan               healthcare needs, the expansion of national health insurance
cakupan jaminan kesehatan nasional, serta agenda                       coverage, and ongoing government efforts to accelerate
transformasi sistem kesehatan yang terus digencarkan                   healthcare system transformation. The performance of the
pemerintah. Kinerja industri kimia, farmasi, dan obat tradisional      chemical, pharmaceutical, and traditional medicine industry,
yang tumbuh sekitar 8,35% mencerminkan permintaan yang                 which grew by around 8.35%, reflects solid demand from both
solid, baik dari sisi konsumsi domestik maupun kebutuhan               domestic consumption and the need to strengthen healthcare




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penguatan kapasitas layanan kesehatan. Peningkatan jumlah              service capacity. The increase in healthcare facilities,
fasilitas kesehatan, penguatan layanan rujukan, serta tren             strengthening of referral services, and rising healthcare
peningkatan belanja kesehatan masyarakat turut menjadi                 spending trends also served as key growth drivers for the
faktor pendorong utama bagi pertumbuhan industri ini.                  industry.


Di sisi struktural, industri farmasi nasional masih menghadapi         Structurally, the national pharmaceutical industry still faces
tantangan ketergantungan impor bahan baku yang tinggi,                 challenges related to high dependence on imported raw
dengan sekitar 85% bahan baku obat berasal dari luar negeri.           materials, with approximately 85% of pharmaceutical raw
Kondisi ini menjadikan industri rentan terhadap fluktuasi nilai        materials sourced from abroad. This condition makes the
tukar, volatilitas harga global, serta potensi disrupsi rantai         industry vulnerable to exchange rate fluctuations, global
pasok akibat dinamika geopolitik dan kebijakan perdagangan             price volatility, and potential supply chain disruptions caused
internasional. Oleh karena itu, pemerintah terus mendorong             by geopolitical dynamics and international trade policies.
program substitusi impor melalui pengembangan industri                 Therefore, the government continues to promote import
bahan baku farmasi dalam negeri, termasuk melalui insentif             substitution programs through the development of domestic
investasi, kemitraan strategis, serta penguatan ekosistem riset        pharmaceutical raw material industries, including investment
dan inovasi. Langkah ini menjadi krusial untuk meningkatkan            incentives, strategic partnerships, and strengthening of the
kemandirian industri sekaligus menjaga stabilitas pasokan              research and innovation ecosystem. These measures are
dan efisiensi biaya produksi.                                          crucial to increasing industrial self-reliance while maintaining
                                                                       supply stability and production cost efficiency.


Dari sisi regulasi dan kualitas, peningkatan standar kepatuhan         From a regulatory and quality perspective, increasing global
global mendorong pelaku industri untuk memperkuat                      compliance standards have encouraged industry players
implementasi Cara Pembuatan Obat yang Baik (CPOB),                     to strengthen the implementation of Good Manufacturing
sistem jaminan mutu, serta keterlacakan produk sepanjang               Practice (GMP), quality assurance systems, and end-to-
rantai pasok. Tuntutan ini tidak hanya berasal dari regulator          end product traceability across the supply chain. These
domestik, tetapi juga dari pasar ekspor yang semakin                   requirements are driven not only by domestic regulators but
menekankan aspek keamanan, kualitas, dan transparansi                  also by export markets, which increasingly emphasize product
produk. Dengan demikian, investasi pada teknologi produksi,            safety, quality, and transparency. Accordingly, investment
sistem digital, serta penguatan tata kelola menjadi faktor             in production technology, digital systems, and governance
penting dalam menjaga daya saing industri farmasi nasional di          strengthening has become an important factor in maintaining
tingkat regional maupun global.                                        the competitiveness of the national pharmaceutical industry at
                                                                       both regional and global levels.


Perkembangan        teknologi   digital   turut     mempercepat        Digital technology development has further accelerated
transformasi industri kesehatan, khususnya dalam aspek                 the transformation of the healthcare industry, particularly
layanan dan distribusi. Adopsi telemedicine, e-prescription,           in services and distribution. The adoption of telemedicine,
serta integrasi rekam medis elektronik semakin meluas,                 e-prescription, and electronic medical record integration has
didukung oleh pertumbuhan sektor informasi dan komunikasi              become increasingly widespread, supported by strong growth
yang tinggi. Selain itu, pemanfaatan teknologi dalam                   in the information and communication sector. In addition,
manajemen rantai pasok dan distribusi farmasi meningkatkan             the use of technology in pharmaceutical supply chain and
efisiensi, akurasi permintaan, serta visibilitas stok secara real-     distribution management has improved efficiency, demand
time. Digitalisasi ini tidak hanya memperluas akses layanan            accuracy, and real-time inventory visibility. This digitalization
kesehatan, tetapi juga membuka peluang model bisnis baru               not only expands access to healthcare services but also opens
yang lebih adaptif terhadap perubahan perilaku konsumen.               new business model opportunities that are more adaptive to
                                                                       changing consumer behavior.


Secara keseluruhan, industri kesehatan dan farmasi di tahun            Overall, the healthcare and pharmaceutical industry in 2025 is
2025 berada pada fase pertumbuhan yang disertai dengan                 in a growth phase accompanied by structural transformation.
transformasi struktural. Peluang ekspansi tetap terbuka luas           Expansion opportunities remain wide open in line with
seiring dengan meningkatnya kebutuhan layanan kesehatan                increasing healthcare demand and government policy support;
dan dukungan kebijakan pemerintah, namun keberhasilan                  however, the success of industry players will largely depend
pelaku industri akan sangat ditentukan oleh kemampuan dalam            on their ability to manage supply chain risks, improve raw
mengelola risiko rantai pasok, meningkatkan kemandirian                material independence, and accelerate integrated digital
bahan baku, serta mengakselerasi transformasi digital secara           transformation.
terintegrasi.




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Tinjauan Kinerja Operasional per Segmen
Operational Performance Overview per Business Segment

Kinerja operasional Perseroan terbagi ke dalam 2 (dua) segmen          The Company’s operational performance is divided into
utama, yaitu segmen produk farmasi, esthetic, dan jasa maklon;         2 (two) main segments, namely the pharmaceutical products,
serta segmen produk alat kesehatan. Informasi mengenai                 esthetics, and toll manufacturing services segment; and
kinerja masing-masing segmen tersebut diuraikan sebagai                the medical equipment products segment. Information on
berikut:                                                               the performance of each segment is presented as follows:

                                                                                                           (dalam jutaan Rupiah / in million Rupiah)

                                                                       Pertumbuhan (Penurunan)
               Uraian                   2025                2024          Increase (Decrease)                        Description
                                                                              Rp               %

 Pendapatan Neto
 Net Revenues
 Produk Farmasi, Kecantikan,                                                                              Pharmaceutical Products, Esthetic,
                                      2.752.919            1.911.772       841.146           44,00
 dan Jasa Manufaktur                                                                                         and Toll Manufacturing Service
 Produk Alat Kesehatan                     7.503               9.040        (1.536)          (16,99)            Medical Equipment Products

 Jumlah                               2.760.422            1.920.812       839.610           43,71                                          Total


Pada tahun 2025, pendapatan neto Perseroan tercatat                    In 2025, the Company’s net revenues were recorded at
sebesar Rp2,76 triliun. Jumlah ini meningkat sebesar 43,71%            Rp2.76 trillion. This figure increased by 43.71%, or equivalent
atau setara Rp839,61 miliar, dibandingkan tahun 2024 yang              to Rp839.61 billion, compared to Rp1.92 trillion in 2024.
tercatat sebesar Rp1,92 triliun. Kondisi ini disebabkan oleh           This condition was due to higher net revenues from the
meningkatnya pendapatan neto dari segmen produk farmasi,               pharmaceutical, beauty, and manufacturing segments, which
kecantikan, dan manufaktur sebesar 44,00%.                             increased by 44.00%.



Segmen Usaha Produk Farmasi,                                           Pharmaceutical Products, Esthetic,
Esthetic, dan Jasa Maklon                                              and Toll Manufacturing Services
                                                                       Business Segments

Produk Farmasi                                                         Pharmaceutical Products
Perseroan terus memperkuat posisinya di industri farmasi               The Company continues to strengthen its presence in the
nasional melalui pengembangan portofolio produk yang                   national pharmaceutical industry through the development of
mencakup obat resep serta produk kesehatan konsumen                    a comprehensive product portfolio encompassing prescription
(consumer health). Seluruh pengembangan dilakukan secara               medicines and consumer health products. All product
berkelanjutan melalui aktivitas penelitian dan pengembangan            development activities are carried out on a sustainable basis
(Research & Development/”R&D”) yang berorientasi pada                  through innovation-driven Research & Development (“R&D”)
inovasi. Pada Divisi Obat Resep, fokus diarahkan pada                  activities. Within the Prescription Medicines Division, the
riset, pengembangan, dan pemasaran produk di berbagai                  Company focuses on the research, development, and marketing
area terapeutik untuk memberikan manfaat klinis sekaligus              of products across various therapeutic areas, with the objective of
berkontribusi pada peningkatan kualitas hidup masyarakat.              delivering clinical benefits while contributing to the improvement
Upaya tersebut diperkuat melalui kolaborasi dengan mitra               of quality of life for the public. These efforts are further reinforced
strategis di sektor kesehatan guna memastikan ketersediaan             through collaborations with strategic partners in the healthcare
produk yang sesuai kebutuhan pasar serta memenuhi ketentuan            sector to ensure product availability that meets market needs
regulasi yang berlaku.                                                 and complies with applicable regulatory requirements.


Dalam operasionalnya, Divisi Obat Resep memproduksi dan                In its operations, the Prescription Medicines Division manufactures
memasarkan beragam jenis obat, termasuk inovator, branded              and markets a wide range of pharmaceutical products, including
generic, dan unbranded generic, sehingga Perseroan mampu               innovator drugs, branded generics, and unbranded generics, enabling
menjangkau segmen pasar yang lebih luas. Produk-produk                 the Company to serve a broad spectrum of market segments.
tersebut didistribusikan melalui jaringan mitra distributor yang       These products are distributed through a network of distributor



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tersebar di seluruh Indonesia untuk memastikan akses yang            partners across Indonesia to ensure equitable access for healthcare
merata bagi tenaga kesehatan dan pasien. Aktivitas promosi           professionals and patients. Promotional activities are carried out
dijalankan oleh Tim Penjualan yang tersebar di berbagai              professionally by the Sales Team across various regions. In addition,
wilayah secara profesional. Selain itu, Perseroan secara             the Company actively participates in healthcare symposiums and
aktif mengikuti simposium dan seminar kesehatan untuk                seminars to strengthen engagement with the medical community.
memperkuat hubungan dengan komunitas medis. Sebagai                  As part of its contribution to improving national healthcare access,
bentuk kontribusi terhadap peningkatan akses kesehatan               the Company and its Subsidiaries, PT Holi Pharma and
nasional, Perseroan dan Entitas Anak, yaitu PT Holi Pharma           PT Ethica Industri Farmasi, support the National Health Insurance
dan PT Ethica Industri Farmasi, turut mendukung Program              Program (Jaminan Kesehatan Nasional/“JKN”) through the
Jaminan Kesehatan Nasional (“JKN”) melalui penyediaan                provision of high-quality and affordable unbranded generic
produk unbranded generic yang berkualitas dan terjangkau.            products.


Pada saat yang sama, pengembangan produk kesehatan                   At the same time, the development of consumer health
konsumen menjadi salah satu pilar pertumbuhan strategis              products represents one of the Company’s strategic growth
Perseroan. Portofolio produk ini mencakup suplemen, vitamin,         pillars. This portfolio includes supplements, vitamins, and
serta produk berbahan alami yang dirancang untuk menjaga             natural-based products designed to support immune function,
imunitas, mendukung pencegahan penyakit, dan meningkatkan            disease prevention, and overall public health. Through
kesehatan masyarakat secara menyeluruh. Melalui Divisi               the Consumer Health Division, The Company continues to
Consumer Health, Perseroan terus mengembangkan portfolio             develop its product portfolio by strengthening investments
produk dengan memperkuat investasi di bidang pemasaran               in marketing and product development. Since 2020,
dan pengembangan produk. Sejak tahun 2020, Perseroan                 the Company has also leveraged digital platforms, including
juga mengoptimalkan platform digital, termasuk e-commerce            e-commerce channels and social media, to expand
dan media sosial, untuk memperluas jangkauan distribusi              the distribution reach of consumer health products throughout
produk kesehatan konsumen di seluruh Indonesia. Peluncuran           Indonesia. The launch of the Pyfahealth umbrella brand marks
umbrella brand Pyfahealth menjadi langkah strategis dalam            a strategic initiative to introduce a wide range of vitamin
menghadirkan rangkaian produk vitamin dan suplemen                   and supplement products that are relevant to the needs of
yang relevan dengan kebutuhan konsumen modern. Dengan                modern consumers. With a strong commitment to innovation,
komitmen kuat terhadap inovasi, kualitas, dan keberlanjutan,         quality, and sustainability, the Company remains dedicated
Perseroan bertekad untuk terus menghadirkan solusi                   to delivering trusted healthcare solutions and creating added
kesehatan yang terpercaya dan memberikan nilai tambah bagi           value for all segments of Indonesian society.
seluruh lapisan masyarakat Indonesia.


Perseroan merencanakan dan mengembangkan alur proses                 The Company plans and develops the necessary process
yang diperlukan untuk merealisasikan produk melalui                  flows to realize its products through the preparation of sales
penyusunan rencana penjualan yang mempertimbangkan                   plans that consider projections based on market conditions
proyeksi berdasarkan kondisi pasar serta karakteristik penjualan     and sales characteristics in previous periods. The production
pada periode sebelumnya. Proses produksi dikendalikan secara         process is comprehensively controlled by ensuring that all
menyeluruh dengan memastikan seluruh personel memiliki               personnel possess the required competencies. Each stage of
kompetensi yang dipersyaratkan. Setiap tahapan produksi              the production process may only proceed after meeting the
hanya dapat dilanjutkan setelah memenuhi standar proses              established process and product standards. The stages of the
dan produk yang telah ditetapkan. Tahapan proses produksi            production process have been clearly defined, from weighing to
telah ditetapkan secara jelas, mulai dari penimbangan hingga         primary and secondary packaging.
pengemasan primer dan pengemasan sekunder.


Selain itu, Perseroan juga melaksanakan pengendalian mutu            In addition, the Company also implements quality control
untuk memastikan produk secara konsisten memenuhi standar            procedures to ensure that products consistently meet quality
kualitas sesuai dengan tujuan penggunaannya. Pengendalian            standards in accordance with their intended use. Quality
mutu dilakukan menggunakan metode yang telah divalidasi dan          control is carried out using validated methods and refers to the
mengacu pada standar kompendial terbaru, sejak penerimaan            latest compendial standards, from the receipt of raw materials
bahan baku hingga distribusi produk jadi.                            through to the distribution of finished products.


Produk Esthetic                                                      Esthetic Products
Sebagai bagian dari strategi diversifikasi bisnis, Perseroan         As part of its business diversification strategy, the Company
memperluas portofolio usahanya ke segmen estetika sejak              expanded its business portfolio into the esthetics segment
tahun 2018 melalui kemitraan strategis dengan perusahaan             in 2018 through strategic partnerships with international




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internasional untuk mendistribusikan berbagai produk estetika di       companies to distribute a range of esthetic products in
Indonesia. Langkah ini menjadi pijakan penting dalam memperkuat        Indonesia. This initiative marked an important milestone in
posisi Perseroan di industri kesehatan dan kecantikan yang             strengthening the Company’s position in the rapidly growing
berkembang pesat, sekaligus merespons peningkatan permintaan           healthcare and beauty industry, while also responding to
terhadap produk estetika yang aman, berkualitas, dan inovatif.         increasing demand for safe, high-quality, and innovative
Perseroan berkomitmen menghadirkan solusi unggulan yang                esthetic products. The Company is committed to delivering
mendukung praktek tenaga medis dan profesional kecantikan              superior solutions that support medical practitioners and
dalam memberikan layanan estetika modern.                              esthetic professionals in providing modern esthetic services.


Pada tahun 2021, Perseroan memperkuat fokus segmen                     In 2021, the Company further strengthened its focus on this
ini dengan meluncurkan Divisi Pyfaesthetic, yang didukung              segment with the launch of the Pyfaesthetic Division, supported
oleh tim pemasaran berpengalaman dan berfokus pada                     by an experienced marketing team focused on the distribution
distribusi produk-produk estetika kepada klinik dan dokter             of esthetic products to clinics and specialist doctors in esthetics
spesialis kecantikan dan dermatologi. Untuk memperluas                 and dermatology. To expand market reach and increase brand
jangkauan pasar dan meningkatkan brand awareness,                      awareness, the Company actively participates in various
Perseroan secara aktif mengikuti berbagai simposium dan                international symposium and conferences, and organizes
konferensi internasional, serta menyelenggarakan hands-on              hands-on workshops as well as educational webinars for the
workshop dan webinar edukatif bagi komunitas profesional.              professional community. Through these focused and consistent
Melalui langkah pengembangan yang terarah dan konsisten,               development initiatives, the Company affirms its aspiration to
Perseroan menegaskan aspirasinya untuk menjadi penyedia                become a provider of innovative, reliable, and market-relevant
solusi estetika yang inovatif, terpercaya, dan relevan dengan          esthetic solutions for Indonesia’s growing market.
kebutuhan pasar Indonesia yang terus berkembang.


Jasa Maklon                                                            Toll Manufacturing Services
Perseroan menghadirkan layanan jasa maklon sebagai                     The Company provides toll manufacturing services as
solusi produksi terintegrasi bagi perusahaan mitra yang ingin          an integrated production solution for partner companies
mengembangkan produk dengan standar kualitas tinggi serta              seeking to develop products that meet high quality standards
kepatuhan penuh terhadap regulasi. Layanan ini mencakup                and full regulatory compliance. These services encompass
proses manufaktur berbagai bentuk produk, mulai dari                   the manufacturing of various product forms, ranging from
suplemen dan vitamin hingga obat-obatan, yang dikembangkan             supplements and vitamins to pharmaceutical products,
berdasarkan spesifikasi dan formula yang disepakati bersama.           developed in accordance with mutually agreed specifications
Dengan dukungan fasilitas produksi berteknologi modern dan             and formulas. Supported by modern, technology-driven
sistem manajemen mutu yang ketat, Perseroan memastikan                 production facilities and a stringent quality management
setiap produk memenuhi standar keamanan, kualitas, dan                 system, the Company ensures that each product meets
efektivitas sesuai ketentuan nasional maupun internasional.            applicable national and international standards for safety,
                                                                       quality, and efficacy.


Pelaksanaan jasa maklon didukung oleh tim profesional                  The delivery of toll manufacturing services is supported by
berpengalaman di bidang R&D, formulasi, produksi, hingga               a team of experienced professionals across R&D, formulation,
pengemasan, dengan penerapan prinsip Good Manufacturing                production, and packaging functions, with the consistent
Practice (“GMP”) pada setiap tahap proses. Perseroan juga              application of Good Manufacturing Practice (“GMP”) principles
terus memperkuat kapabilitas dan inovasi operasional guna              at every stage of the process. The Company continues to
memberikan nilai tambah yang kompetitif bagi mitra bisnis.             strengthen its operational capabilities and innovation to
Pada tahun 2024, Perseroan bersama Entitas Anak                        provide competitive added value to its business partners.
memperkenalkan layanan Contract Development & Manufacturing            In 2024, the Company with its Subsidiaries introduced Contract
Organization (“CDMO”) sebagai tonggak penting dalam                    Development & Manufacturing Organization (“CDMO”) services
ekspansi portofolio layanan. Layanan ini dilengkapi fasilitas          as a significant milestone in the expansion of its service
R&D yang lebih maju serta melibatkan Tim Ahli dari Indonesia           portfolio. These services are supported by more advanced R&D
dan Australia, melayani berbagai sediaan farmasi seperti tablet,       facilities and the involvement of expert teams from Indonesia
kapsul, serbuk, cairan, krim, hingga injeksi. Inisiatif tersebut       and Australia, serving a wide range of pharmaceutical dosage
menegaskan komitmen Perseroan dalam menyediakan layanan                forms, including tablets, capsules, powders, liquids, creams,
manufaktur yang inovatif, kompetitif, dan memiliki daya saing          and injectables. This initiative underscores the Company’s
global. Melalui Entitas Anak di Australia, Probiotec Pty Ltd,          commitment to delivering innovative, competitive, and globally
Perseroan juga menyediakan layanan Contract Development                competitive manufacturing services. Through its Subsidiary in
and Manufacturing Organization (“CDMO”) serta co-packing               Australia, Probiotec Pty Ltd, the Company also provides Contract




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bagi mitra internasional dalam memenuhi kebutuhan produk            Development and Manufacturing Organization (“CDMO”) as
kesehatan di pasar Australia.                                       well as co-packing services for international partners to meet
                                                                    healthcare product needs in the Australian market.


Kinerja dan Profitabilitas Segmen Produk Farmasi, Esthetic, dan Jasa Maklon
Performance and Profitability of Pharmaceutical Products, Esthetic,
and Toll Manufacturing Services Business Segment
                                                                                                      (dalam jutaan Rupiah / in million Rupiah)

                                                                    Pertumbuhan (Penurunan)
                Uraian                2025               2024          Increase (Decrease)                      Description
                                                                       Rp                %

 Pendapatan Neto                     2.752.919          1.911.772    841.146            44,00                                Net Revenues

 Beban Pokok Penjualan              (2.172.569)       (1.379.419)   (793.151)           57,50                           Cost of Revenues

 Laba Bruto                            580.350            532.354     47.996             9,02                                  Gross Profit



Pendapatan Neto                                                     Net Revenues
Pada tahun 2025, pendapatan neto Perseroan pada segmen              In 2025, the Company’s net revenues from the pharmaceutical
produk farmasi, esthetic, dan jasa maklon tercatat sebesar          products, esthetic, and toll manufacturing services segments
Rp2,75 triliun. Jumlah ini meningkat sebesar 44,00% atau            amounted to Rp2.75 trillion. This represents an increase of
setara Rp841,15 miliar, dibandingkan tahun 2024 yang tercatat       44.00%, or equivalent to Rp841.15 billion, compared to Rp1.91
sebesar Rp1,91 triliun. Segmen ini tetap menjadi kontributor        trillion in 2024. This segment remained the Company’s main
utama terhadap total pendapatan neto Perseroan dengan porsi         contributor, accounting for 99.73% of total net revenues during
sebesar 99,73% pada periode berjalan.                               the period.


Laba Bruto                                                          Gross Profit
Pada tahun 2025, laba bruto Perseroan pada segmen                   In 2025, the Company’s gross profit from the pharmaceutical
produk farmasi, esthetic, dan jasa maklon tercatat sebesar          products, esthetic, and toll manufacturing services segments
Rp580,35 miliar. Jumlah ini meningkat sebesar 9,02% atau            amounted to Rp580.35 billion. This represents an increase of
setara Rp48,00 miliar, dibandingkan tahun 2024 yang tercatat        9.02%, or equivalent to Rp48.00 billion, compared to Rp532.35
sebesar Rp532,35 miliar. Segmen ini berkontribusi sebesar           billion in 2024. This segment contributed 99.52% of the
99,52% dari total laba bruto Perseroan.                             Company’s total gross profit.



Segmen Usaha Produk Alat Kesehatan                                  Medical Equipment Products Business
                                                                    Segment

Segmen      usaha    produk      alat   kesehatan  Perseroan        The Company’s medical equipment products business
dikembangkan untuk memenuhi kebutuhan beragam sektor,               segment is developed to meet the needs of a wide range of
termasuk laboratorium, rumah sakit, klinik, serta pasar ritel.      sectors, including laboratories, hospitals, clinics, and the retail
Melalui portofolio produk yang terus berkembang, Perseroan          market. Through an expanding product portfolio, the Company
menawarkan beragam kategori alat kesehatan, mulai dari              offers various categories of medical equipment, ranging from
peralatan medis umum hingga perangkat khusus yang                   general medical equipment to specialized equipment that
menunjang proses diagnostik, terapi, dan perawatan pasien.          support diagnostic, therapeutic, and patient care processes.
Setiap produk dirancang untuk mendukung peningkatan                 Each product is designed to contribute to the improvement of
mutu layanan kesehatan nasional, selaras dengan komitmen            national healthcare service quality, in line with the Company’s
Perseroan dalam menghadirkan solusi inovatif yang aman,             commitment to delivering innovative, safe, high-quality
berkualitas, dan memiliki nilai guna yang tinggi.                   solutions with strong practical value.


Menyesuaikan perkembangan teknologi dan perubahan perilaku          In response to technological advancements and changing
konsumen, sejak tahun 2020 Perseroan telah mengoptimalkan           consumer behavior, since 2020 the Company has optimized
pemanfaatan platform digital, termasuk e-commerce, sebagai          the use of digital platforms, including e-commerce, as
kanal pemasaran untuk produk alat kesehatan. Inisiatif ini          marketing channels for its medical equipment products.




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bertujuan memperluas akses dan ketersediaan produk bagi                This initiative aims to broaden access to and availability
konsumen, tenaga medis, serta berbagai institusi kesehatan             of products for consumers, healthcare professionals, and
di seluruh Indonesia. Dengan strategi distribusi yang                  healthcare institutions throughout Indonesia. Through an
terintegrasi dan pendekatan pemasaran berbasis teknologi               integrated distribution strategy and a technology-driven
digital, Perseroan semakin memperkuat kehadirannya di                  marketing approach, the Company continues to strengthen
industri alat kesehatan melalui penyediaan produk yang                 its presence in the medical equipment industry by providing
relevan dengan kebutuhan pasar dan sejalan dengan dinamika             products that are aligned with market needs and the evolving
kemajuan sektor kesehatan modern.                                      dynamics of the modern healthcare sector.



Kinerja dan Profitabilitas Segmen Usaha Produk Alat Kesehatan
Performance and Profitability of Medical Equipment Products Business Segment
                                                                                                        (dalam jutaan Rupiah / in million Rupiah)

                                                                       Pertumbuhan (Penurunan)
               Uraian                   2025               2024           Increase (Decrease)                     Description
                                                                            Rp               %

 Pendapatan Neto                          7.503             9.040        (1.536)           (16,99)                             Net Revenues

 Beban Pokok Penjualan                  (4.708)            (4.914)           205            (4,18)                        Cost of Revenues

 Laba Bruto                               2.795             4.126        (1.331)           (32,26)                               Gross Profit



Pendapatan Neto                                                        Net Revenues
Pada tahun 2025, pendapatan neto Perseroan pada segmen                 In 2025, the Company’s net revenues from the medical
produk alat kesehatan tercatat sebesar Rp7,50 miliar. Jumlah           equipment products segment amounted to Rp7.50 billion.
ini menurun sebesar 16,99% atau setara Rp1,54 miliar,                  This figure decreased by 16.99%, or equivalent to Rp1.54
dibandingkan tahun 2024 yang tercatat sebesar Rp9,04 miliar.           billion, compared to Rp9.04 billion in 2024. Revenues from
Pendapatan pada segmen ini berkontribusi sebesar 0,27%                 this segment contributed 0.27% to the Company’s total net
terhadap total pendapatan neto Perseroan.                              revenues.


Laba Bruto                                                             Gross Profit
Pada tahun 2025, laba bruto Perseroan pada segmen produk               In 2025, the Company’s gross profit from the medical equipment
alat kesehatan tercatat sebesar Rp2,80 miliar. Jumlah ini              products segment amounted to Rp2.80 billion. This amount
menurun sebesar 32,26% atau setara Rp1,33 miliar, dibandingkan         decreased by 32.26% or equivalent to Rp1.33 billion, compared
tahun 2024 yang tercatat sebesar Rp4,13 miliar. Segmen ini             to Rp4.13 billion in 2024. This segment contributed 0.48% to the
berkontribusi sebesar 0,48% terhadap total laba bruto Perseroan.       Company’s total gross profit.




Tinjauan Keuangan
Financial Overview

Tinjauan Keuangan Perseroan disusun berdasarkan Laporan                The Financial Review is prepared based on the Consolidated
Keuangan Konsolidasian per 31 Desember 2025 yang                       Financial Statements as of December 31, 2025, which have
telah diaudit oleh Kantor Akuntan Publik (“KAP”) Purwanto              been audited by Purwanto, Susanti and Surja Public Accounting
Susanti dan Surja dengan opini wajar tanpa modifikasian                Firm with an opinion that it was presented fairly without
dan paragraf hal lain mengenai tujuan penerbitan laporan               modifiication and an emphasis of matter paragraph regarding
auditor independen. Penyajian ini memberikan gambaran                  the purpose of the issuance of the independent auditor’s report.
komprehensif mengenai kinerja keuangan Perseroan                       This presentation provides a comprehensive overview of the
dan Entitas Anak. Informasi mengenai perkembangan                      financial performance of the Company and its Subsidiaries.




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Tata Kelola Perusahaan yang Baik            Laporan Keberlanjutan
  Good Corporate Governance                  Sustainability Report




kinerja keuangan selama 2 (dua) tahun terakhir diuraikan                 Information on the development of the Company’s financial
sebagai berikut:                                                         performance over the past 2 (two) years is presented as follows:



Laporan Posisi Keuangan Konsolidasian
Consolidated Statement of Financial Position
Aset
Assets
                                                                                                            (dalam jutaan Rupiah / in million Rupiah)

                                                                         Pertumbuhan (Penurunan)
                Uraian                 2025               2024              Increase (Decrease)                       Description
                                                                             Rp               %

 Aset Lancar
 Current Assets

 Kas dan Setara Kas                    101.788            351.857         (250.069)         (71,07)                Cash and Cash Equivalents
 Piutang Usaha –                                                                                                           Trade Receivables –
                                       755.689            645.396          110.293            17,09
 Pihak Ketiga – Neto                                                                                                        Third Parties – Net
 Piutang Lain-Lain -                                                                                                       Other Receivables –
                                         5.228               7.563          (2.335)         (30,88)
 Pihak Ketiga                                                                                                                     Third Parties
 Persediaan – Neto                     483.971            457.173           26.798             5,86                            Inventories – Net

 Uang Muka                              40.622              46.505          (5.883)         (12,65)                                    Advances

 Biaya Dibayar di Muka                  23.504              17.610           5.894            33,47                           Prepaid Expenses

 Pajak Dibayar di Muka                   9.803               9.312             492             5,28                               Prepaid Taxes

 Aset Keuangan Lancar Lainnya            1.100               1.642            (542)         (33,00)            Other Current Financial Assets

 Jumlah Aset Lancar                   1.421.704         1.537.057         (115.353)          (7,50)                        Total Current Assets

 Aset Tidak Lancar
 Non-Current Assets

 Investasi Saham                        88.518              77.004          11.514            14,95                       Investment in Shares

 Aset Pajak Tangguhan – Neto            22.091              49.488         (27.396)         (55,36)                 Deferred Tax Assets – Net

 Aset Tetap – Neto                    1.153.339         1.126.861           26.477             2,35                          Fixed Assets – Net

 Aset Hak-Guna – Neto                 1.169.654           403.643          766.011           189,77                  Right-of-use Assets – Net

 Aset Tak Berwujud – Neto             2.809.262         2.588.408          220.853             8,53                    Intangible Assets – Net

 Taksiran Tagihan Pajak Penghasilan     49.763              24.965          24.798            99,33         Estimated Claims for Tax Refund

 Uang Muka Pembelian Aset Tetap         52.529                       -      52.529           100,00      Advance for Purchase of Fixed Assets

 Aset Tidak Lancar Lainnya               4.270               3.664             606            16,54                  Other Non-Current Assets

 Jumlah Aset Tidak Lancar             5.349.426         4.274.033        1.075.393            25,16                  Total Non-Current Assets

 Jumlah Aset                          6.771.130         5.811.091          960.040            16,52                                 Total Assets



Aset                                                                     Assets
Pada tahun 2025, jumlah aset Perseroan tercatat sebesar                  In 2025, the Company’s total assets were recorded at
Rp6,77 triliun. Jumlah ini meningkat sebesar 16,52% atau                 Rp6.77 trillion. This represents an increase of 16.52%, or
setara Rp960,04 miliar, dibandingkan tahun 2024 yang tercatat            equivalent to Rp960.04 billion, compared to Rp5.81 trillion in 2024.
sebesar Rp5,81 triliun. Komposisi aset Perseroan di tahun 2025           The composition of the Company’s assets in 2025 consisted of
terdiri dari 21,00% aset lancar dan 79,00% aset tidak lancar.            21.00% current assets and 79.00% non-current assets.


Aset Lancar                                                              Current Assets
Pada tahun 2025, jumlah aset lancar Perseroan tercatat sebesar           In 2025, the Company’s total current assets were recorded
Rp1,42 triliun. Jumlah ini menurun sebesar 7,50% atau setara             at Rp1.42 trillion. This represents a decrease of 7.50%, or
Rp115,35 miliar, dibandingkan tahun 2024 yang tercatat sebesar           equivalent to Rp115.35 billion, compared to Rp1.54 trillion in
Rp1,54 triliun. Kondisi ini terutama disebabkan oleh menurunnya          2024. This decline was mainly due to a decrease in cash and
kas dan setara kas sebesar Rp250,07 miliar atau setara 71,07%.           cash equivalents of Rp250.07 billion, or 71.07%.



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Aset Tidak Lancar                                                       Non-Current Assets
Pada tahun 2025, jumlah aset tidak lancar Perseroan tercatat            In 2025, the Company’s total non-current assets were recorded
sebesar Rp5,35 triliun. Jumlah ini meningkat sebesar 25,16% atau        at Rp5.35 trillion. This represents an increase of 25.16%, or
setara Rp1,08 triliun, dibandingkan tahun 2024 yang tercatat sebesar    equivalent to Rp1.08 trillion, compared to Rp4.27 trillion in
Rp4,27 triliun. Kondisi ini terutama disebabkan oleh peningkatan        2024. This increase was mainly due to a rise in right-of-use
aset hak guna – neto sebesar Rp766,01 miliar atau setara 189,77%.       assets – net of Rp766.01 billion, or 189.77%.


Liabilitas
Liabilities
                                                                                                          (dalam jutaan Rupiah / in million Rupiah)

                                                                        Pertumbuhan (Penurunan)
                Uraian                    2025                2024         Increase (Decrease)                      Description
                                                                             Rp                %
 Liabilitas Jangka Pendek
 Current Liabilities
 Utang Bank Jangka Pendek                  189.737           209.232        (19.495)          (9,32)                 Short-Term Bank Loans
 Utang Usaha – Pihak Ketiga                292.767           239.665          53.102          22,16          Trade Payables – Third Parties
 Utang Lain-Lain – Pihak Ketiga             68.597            46.125          22.472          48,72          Other Payables – Third Parties
 Utang Pajak                                59.922            34.174          25.748          75,34                             Taxes Payable
 Beban Akrual                              136.990            82.110          54.880          66,84                                    Accruals
 Liabilitas Imbalan Kerja                                                                                               Short-Term Employee
                                           139.005           127.335          11.670            9,16
 Karyawan Jangka Pendek                                                                                                      Benefits Liability
 Utang Jangka Panjang yang
                                                                                                                         Current Maturities of
 Akan Jatuh Tempo dalam
                                                                                                                           Long-Term Debts:
 Waktu Satu Tahun:
   Utang Bank Jangka Panjang               184.862            15.743         169.119        1.074,23               Long-Term Bank Loans
   Liabilitas Sewa                          74.081            49.021          25.061          51,12                        Lease Liabilities
   Utang Obligasi – Neto                          -          398.875       (398.875)        (100,00)                 Bonds Payable – Net
 Jumlah Liabilitas Jangka Pendek         1.145.961          1.202.279       (56.318)          (4,68)                 Total Current Liabilities
 Liabilitas Jangka Panjang
 Non-Current Liabilities
 Liabilitas Jangka Panjang –
 Setelah Dikurangi Bagian                                                                                                 Long-Term Debt –
 yang Akan Jatuh Tempo                                                                                             Net of Current Maturities:
 dalam Waktu Satu Tahun:
   Utang Bank Jangka Panjang             2.041.621          2.023.743         17.878            0,88               Long-Term Bank Loans
   Utang Obligasi – Neto                 1.217.383           797.533         419.850          52,64                  Bonds Payable – Net
   Liabilitas Sewa                       1.133.722           372.830         760.892         204,09                        Lease Liabilities
 Liabilitas Imbalan Kerja                                                                                               Long-Term Employee
                                            46.764            50.533          (3.768)         (7,46)
 Karyawan Jangka Panjang                                                                                                    Benefits Liability
 Liabilitas Pajak Tangguhan – Neto         200.497           324.626       (124.128)         (38,24)           Deferred Tax Liabilities – Net
 Jumlah Liabilitas Jangka Panjang        4.639.988          3.569.265     1.070.723           30,00            Total Non-Current Liabilities
 Jumlah Liabilitas                       5.785.949          4.771.544     1.014.405           21,26                            Total Liabilities


Liabilitas                                                              Liabilities
Pada tahun 2025, jumlah liabilitas Perseroan tercatat sebesar           In 2025, the Company’s total liabilities were recorded at
Rp5,79 triliun. Jumlah ini meningkat sebesar 21,26% atau                Rp5.79 trillion. This represents an increase of 21.26%, or
setara Rp1,01 triliun, dibandingkan tahun 2024 yang tercatat            equivalent to Rp1.01 trillion, compared to Rp4.77 trillion in
sebesar Rp4,77 triliun. Komposisi liabilitas Perseroan di tahun         2024. The composition of the Company’s liabilities in 2025
2025 terbagi atas 19,81% liabilitas jangka pendek dan 80,19%            consisted of 19.81% current liabilities and 80.19% non-current
liabilitas jangka panjang.                                              liabilities.


Liabilitas Jangka Pendek                                                Current Liabilities
Pada tahun 2025, jumlah liabilitas jangka pendek Perseroan              In 2025, the Company’s total current liabilities were recorded
tercatat sebesar Rp1,15 triliun. Jumlah ini menurun sebesar             at Rp1.15 trillion. This represents a decrease of 4.68%, or
4,68% atau setara Rp56,32 miliar, dibandingkan tahun 2024               equivalent to Rp56.32 billion, compared to Rp1.20 trillion
yang tercatat sebesar Rp1,20 triliun. Kondisi ini terutama              in 2024. This decline was mainly due to the repayment of
disebabkan oleh pelunasan utang obligasi yang jatuh tempo.              maturing bonds payable.



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Tata Kelola Perusahaan yang Baik            Laporan Keberlanjutan
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Liabilitas Jangka Panjang                                             Non-Current Liabilities
Pada tahun 2025, jumlah liabilitas jangka panjang Perseroan           In 2025, the Company’s total non-current liabilities were
tercatat sebesar Rp4,64 triliun. Jumlah ini meningkat sebesar         recorded at Rp4.64 trillion. This represents an increase
30,00% atau setara Rp1,07 triliun, dibandingkan tahun 2024 yang       of 30.00%, or equivalent to Rp1.07 trillion, compared to
tercatat sebesar Rp3,57 triliun. Kondisi ini terutama disebabkan      Rp3.57 trillion in 2024. This increase was mainly due to higher
oleh meningkatnya liabilitas sewa sebesar Rp760,89 miliar atau        lease liabilities of Rp760.89 billion, or 204.09%.
setara 204,09%.


Ekuitas
Equity

                                                                                                       (dalam jutaan Rupiah / in million Rupiah)

                                                                      Pertumbuhan (Penurunan)
                Uraian                  2025              2024           Increase (Decrease)                     Description
                                                                          Rp              %

 Modal Saham – Nilai Nominal                                                                                        Share Capital – Rp100
 Rp100 per Saham                                                                                                      Par Value per Share
    Modal Dasar - 38.000.000.000                                                                                   Authorized Capital -
    Saham                                                                                                       38,000,000,000 Shares
    Modal Ditempatkan dan Disetor                                                                        Issued and Fully Paid Capital
    Penuh – 11.236.692.794 Saham                                                                          – 11,236,692,794 Shares as
    pada Tanggal 31 Desember 2025    1.123.669          1.123.668              1              0,00          of December 31, 2025 and
    dan 11.236.680.000 Saham pada                                                                         11,236,680,000 Shares as of
    Tanggal 31 Desember 2024                                                                                      December 31, 2024
 Tambahan Modal Disetor                   2.074              2.067             7              0,36              Additional Paid-In Capital
 Penghasilan (Rugi)                                                                                                  Other Comprehensive
                                        63.716            (43.396)      107.112          (246,82)
 Komprehensif Lain                                                                                                          Income (Loss)
 Defisit                                                                                                                              Deficit

    Telah Ditentukan Penggunaannya        2.000              2.000             -                 -                         Appropriated

    Belum Ditentukan Penggunaannya    (424.469)           (44.799)     (379.670)          847,49                         Unappropriated

 Jumlah                                766.990          1.039.539      (272.550)          (26,22)                                       Total

 Kepentingan Non-Pengendali            218.192                  6,8     218.185      3.207.389,67                 Non-Controlling Interest

 Jumlah Ekuitas                        985.181          1.039.546       (54.365)           (5,23)                               Total Equity



Pada tahun 2025, jumlah ekuitas Perseroan tercatat sebesar            In 2025, the Company’s total equity amounted to Rp985.18
Rp985,18 miliar. Jumlah ini menurun sebesar 5,23% atau setara         billion. This represents a decrease of 5.23%, or equivalent
Rp54,37 miliar, dibandingkan tahun 2024 yang tercatat sebesar         to Rp54.37 billion, compared to Rp1.04 trillion in 2024. This
Rp1,04 triliun. Penurunan ini disebabkan oleh penurunan saldo         decrease was due to a decrease in retained earnings because
laba akibat kerugian yang dicatatkan pada tahun 2025.                 of the loss recorded in 2025.



Laporan Laba Rugi dan Penghasilan Komprehensif Lain Konsolidasian
Consolidated Statement of Profit or Loss and Other Comprehensive Income
                                                                                                      (dalam jutaan Rupiah / in million Rupiah)

                                                                      Pertumbuhan (Penurunan)
                Uraian                  2025              2024           Increase (Decrease)                     Description
                                                                          Rp              %

 Pendapatan Neto                      2.760.422          1.920.812      839.610         43,71                                Net Revenues
 Beban Pokok Pendapatan              (2.177.278)       (1.384.332)     (792.945)        57,28                            Cost of Revenues
 Laba Bruto                             583.145            536.480       46.665          8,70                                   Gross Profit
 Beban Penjualan dan Pemasaran         (286.821)          (279.916)      (6.906)          2,47            Sales and Marketing Expenses
 Beban Umum dan Administrasi           (455.497)          (272.899)    (182.598)         66,91       General and Administrative Expenses




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                                                                        Pertumbuhan (Penurunan)
               Uraian                    2025               2024           Increase (Decrease)                       Description
                                                                             Rp                %

 Beban Lainnya – Neto                     (58.026)           (90.544)        32.518          (35,91)                    Other Expenses – Net
 Rugi Usaha                              (217.200)          (106.879)    (110.321)           103,22                     Loss from Operations
 Penghasilan Keuangan                      12.230             19.715        (7.485)          (37,97)                          Finance Income
 Beban Keuangan                         (325.900)           (225.980)      (99.920)           44,22                              Finance Cost
 Rugi Sebelum Pajak                     (530.870)           (313.144)    (217.726)            69,53                           Loss Before Tax
 Manfaat (Beban) Pajak Penghasilan
                                          151.200            (17.102)      168.302          (984,09)      Income Tax Expense (Benefit) - Net
 – Neto
 Rugi Tahun Berjalan                    (379.670)           (330.246)      (49.424)           14,97                          Loss for the Year
 Penghasilan (Rugi)                                                                                                     Other Comprehensive
 Komprehensif Lain                                                                                                             Income (Loss)
 Pos-Pos yang Akan Direklasifikasi                                                                           Items that Will be Reclassified to
 ke Laba Rugi:                                                                                                                   Profit or Loss:
                                                                                                             Difference in Foreign Currency
   Selisih Kurs Karena Penjabaran
                                          121.833            (53.046)      174.880          (329,67)               Translations of Financial
   Laporan Keuangan
                                                                                                                                Statements
   Pajak Penghasilan Terkait              (26.803)            11.670       (38.474)         (329,67)                   Related Income Tax
 Pos-Pos yang Tidak Akan                                                                                   Items that Will Not be Reclassified
 Direklasifikasi ke Laba Rugi:                                                                                               to Profit or Loss:
   Pengukuran Kembali atas                                                                                  Remeasurements on Employee
                                             3.981             2.497          1.484           59,41
   Liabilitas Imbalan Kerja                                                                                            Benefit Liabilities
   (Keuntungan) Kerugian
                                                                                                                 Net (Gain) Loss on Equity
   Neto atas Instrumen Ekuitas
                                                                                                                Instruments Designated at
   yang Ditetapkan pada Nilai              11.514            (23.078)        34.592         (149,89)
                                                                                                                  Fair Value Through Other
   Wajar melalui Penghasilan
                                                                                                                   Comprehensive Income
   Komprehensif Lain
   Pajak Penghasilan Terkait               (3.409)             4.528        (7.937)         (175,29)                   Related Income Tax
 Penghasilan (Rugi) Komprehensif                                                                               Other Comprehensive Income
                                          107.117            (57.429)      164.545          (286,52)
 Lain Tahun Berjalan Setelah Pajak                                                                              (Loss) for the Year After Tax
 Jumlah Rugi Komprehensif                                                                                          Total Comprehensive Loss
                                        (272.553)           (387.675)      115.122           (29,70)
 Tahun Berjalan                                                                                                                 for the Year
 Laba (Rugi) Tahun Berjalan yang                                                                                     Profit (Loss) for the Year
 Dapat Diatribusikan kepada:                                                                                                   Attributable to:
   Pemilik Entitas Induk                (379.670)           (330.247)      (49.423)           14,97                   Owners of the Parent
   Kepentingan Non-Pengendali                   (0)                0              (0)              (0)            Non-Controlling Interests
 Jumlah                                 (379.670)           (330.246)      (49.424)           14,97                                       Total
 Jumlah Penghasilan (Rugi)
                                                                                                         Total Comprehensive Income (Loss)
 Komprehensif Tahun Berjalan yang
                                                                                                                 for the Year Attributable to:
 Dapat Diatribusikan kepada:
   Pemilik Entitas Induk                (272.558)           (387.456)      114.898           (29,65)                  Owners of the Parent
   Kepentingan Non-Pengendali                    5              (219)           224         (102,24)              Non-Controlling Interests
 Jumlah                                 (272.553)           (387.675)      115.122           (29,70)                                      Total
 Rugi per Saham Dasar yang Dapat
                                                                                                          Basic Loss per Share Attributable to
 Diatribusikan kepada Pemilik              (33,79)            (38,91)           5,12         (13,16)
                                                                                                              Owners of the Parent Company
 Entitas Induk



Pendapatan Neto                                                         Net Revenues
Pada tahun 2025, pendapatan neto Perseroan tercatat sebesar             In 2025, the Company’s net revenues amounted to
Rp2,76 triliun. Jumlah ini meningkat sebesar 43,71% atau                Rp2.76 trillion. This represents an increase of 43.71%, or
setara Rp839,61 miliar, dibandingkan tahun 2024 yang tercatat           equivalent to Rp839.61 billion, compared to Rp1.92 trillion in
sebesar Rp1,92 triliun. Kondisi ini terutama disebabkan                 2024. This growth was mainly due to higher net revenues from
oleh meningkatnya pendapatan neto dari segmen farmasi,                  the pharmaceutical, beauty, and toll manufacturing services
kecantikan, dan jasa maklon sebesar 42,28%.                             segments, which increased by 42.28%.




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Beban Pokok Pendapatan                                              Cost of Revenues
Pada tahun 2025, beban pokok pendapatan Perseroan tercatat          In 2025, the Company’s cost of revenues amounted to
sebesar Rp2,18 triliun. Jumlah ini meningkat sebesar 57,28%         Rp2.18 trillion. This represents an increase of 57.28%, or
atau setara Rp792,95 miliar, dibandingkan tahun 2024 yang           equivalent to Rp792.95 billion, compared to Rp1.38 trillion
tercatat sebesar Rp1,38 triliun. Peningkatan beban pokok            in 2024. The increase in cost of goods sold was mainly due
penjualan disebabkan oleh peningkatan beban bahan baku dan          to higher raw material and packaging material costs, direct
bahan kemasan, upah buruh langsung, dan beban pabrikasi,            labor costs, and factory overhead, in line with the significant
yang sejalan dengan meningkatnya penjualan secara signifikan.       increase in sales.


Laba Bruto                                                          Gross Profit
Pada tahun 2025, laba bruto Perseroan tercatat sebesar Rp583,15     In 2025, the Company’s gross profit amounted to Rp583.15 billion.
miliar. Jumlah ini meningkat sebesar 8,70% atau setara Rp46,67      This represents an increase of 8.70%, or equivalent to Rp46.67
miliar, dibandingkan tahun 2024 yang tercatat sebesar Rp536,48      billion, compared to Rp536.48 billion in 2024. However, the
miliar. Namun demikian margin laba bruto Perseroan menurun          Company’s gross profit margin decreased from 27.93% in
dari 27,93% pada tahun 2024 menjadi 21,13% pada tahun 2025.         2024 to 21.13% in 2025. This was mainly due to Probiotec’s
Hal ini terutama disebabkan oleh model bisnis Probiotec yang        business model, which operates in contract manufacturing
bergerak di bidang contract manufacturing dan co-packing yang       and co-packing sector, resulting in relatively lower gross profit
memiliki margin laba bruto yang relatif lebih rendah.               margins.


Rugi Usaha                                                          Loss From Operations
Pada tahun 2025, rugi usaha Perseroan tercatat sebesar              In 2025, the Company recorded a loss from operations of
Rp217,20 miliar. Jumlah ini meningkat sebesar 103,22%               Rp217.20 billion. This represents an increase of 103.22%, or
atau setara Rp110,32 miliar, dibandingkan tahun 2024 yang           equivalent to Rp110.32 billion, compared to Rp106.88 billion in
tercatat sebesar Rp106,88 miliar. Kondisi ini disebabkan oleh       2024. This was due to higher operating expenses, particularly
meningkatnya beban usaha, khususnya beban umum dan                  general and administrative expenses, which increased by
administrasi sebesar Rp182,60 miliar atau 66,91%.                   Rp182.60 billion or 66.91%.


Rugi Sebelum Pajak                                                  Loss Before Tax
Pada tahun 2025, rugi sebelum pajak Perseroan tercatat              In 2025, the Company recorded a loss before tax of
sebesar Rp530,87 miliar. Jumlah ini meningkat sebesar 69,53%        Rp530.87 billion. This represents an increase of 69.53%, or
atau setara Rp217,73 miliar, dibandingkan tahun 2024 yang           equivalent to Rp217.73 billion, compared to Rp313.14 billion in
tercatat sebesar Rp313,14 miliar. Kondisi ini disebabkan oleh       2024. This was due to higher loss from operations.
meningkatnya rugi usaha.


Rugi Tahun Berjalan                                                 Loss for the Year
Pada tahun 2025, rugi tahun berjalan Perseroan tercatat             In 2025, the Company recorded a loss for the year of
sebesar Rp379,67 miliar. Jumlah ini meningkat sebesar 14,97%        Rp379.67 billion. This represents an increase of 14.97%, or
atau setara Rp49,42 miliar, dibandingkan tahun 2024 yang            equivalent to Rp49.42 billion, compared to Rp330.25 billion in
tercatat sebesar Rp330,25 miliar. Kondisi ini menyebabkan rugi      2024. This condition resulted in an increase in loss for the year
tahun berjalan yang diatribusikan kepada pemilik Entitas Induk      attributable to owners of the Parent Company.
mengalami peningkatan.


Jumlah Rugi Komprehensif Tahun Berjalan                             Total Comprehensive Loss for the Year
Pada tahun 2025, jumlah rugi komprehensif tahun berjalan            In 2025, total comprehensive loss for the year amounted to
Perseroan tercatat sebesar Rp272,55 miliar. Jumlah ini menurun      Rp272.55 billion. This represents a decrease of 29.70%, or
sebesar 29,70% atau setara Rp115,12 miliar, dibandingkan tahun      equivalent to Rp115.12 billion, compared to Rp387.68 billion
2024 yang tercatat sebesar Rp387,68 miliar. Hal ini disebabkan      in 2024. This was due to the recognition of significant other
oleh adanya penghasilan komprehensif lain yang signifikan           comprehensive income in 2025, mainly arising from gains
pada tahun 2025, terutama berasal dari keuntungan selisih           on difference in foriegn currency translation of Financial
kurs atas penjabaran Laporan Keuangan, yang mengurangi              Statements, which reduced the Company’s comprehensive
rugi komprehensif Perseroan meskipun rugi tahun berjalan            loss despite the increase in loss for the year.
meningkat.




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Rugi per Saham Dasar                                                     Basic Loss per Share
Pada tahun 2025, rugi per saham dasar Perseroan tercatat sebesar         In 2025, basic loss per share amounted to Rp33.79. This
Rp33,79. Jumlah ini meningkat sebesar Rp5,12 dibandingkan                amount increased by Rp5.12 compared to Rp38.91 in 2024.
tahun 2024 yang tercatat sebesar Rp38,91. Kondisi ini disebabkan         This condition was due to a decrease in the comprehensive
oleh adanya penurunan rugi komprehensif tahun berjalan.                  loss for the year.



Laporan Arus Kas Konsolidasian
Consolidated Statement of Cash Flows
                                                                                                           (dalam jutaan Rupiah / in million Rupiah)

                                                                         Pertumbuhan (Penurunan)
               Uraian                   2025                 2024           Increase (Decrease)                      Description
                                                                              Rp                %

 Arus Kas Neto dari (untuk)                                                                                        Net Cash Flows from (for)
                                       (364.285)            (143.816)      (220.468)          153,30
 Aktivitas Operasi                                                                                                       Operating Activities
 Arus Kas Neto dari (untuk)                                                                                        Net Cash Flows from (for)
                                       (169.002)           (2.553.845)     2.384.843          (93,38)
 Aktivitas Investasi                                                                                                     Investing Activities
 Arus Kas Neto dari (untuk)                                                                                        Net Cash Flows from (for)
                                        284.447             2.961.441    (2.676.994)          (90,39)
 Aktivitas Pendanaan                                                                                                     Financing Activities
 Kenaikan (Penurunan) Neto                                                                                  Net Increase (Decrease) in Cash
                                       (248.840)              263.779      (512.620)         (194,34)
 dalam Kas dan Setara Kas                                                                                             and Cash Equivalents
 Efek Neto Perubahan Kurs Mata                                                                           Net Effect of Changes in Exchange
                                           3.109               (2.561)          5.670        (221,42)
 Uang terhadap Kas dan Setara Kas                                                                        Rate on Cash and Cash Equivalents
 Kas dan Setara Kas                                                                                            Cash and Cash Equivalents at
                                        343.760                82.541        261.219          316,47
 pada Awal Tahun                                                                                                          Beginning of Year
 Kas dan Setara Kas                                                                                            Cash and Cash Equivalents at
                                         98.029               343.760      (245.731)          (71,48)
 pada Akhir Tahun                                                                                                              End of Year




Arus Kas Neto dari (untuk) Aktivitas Operasi                             Net Cash Flows from (for) Operating Activities
Pada tahun 2025, kas neto yang digunakan untuk aktivitas                 In 2025, net cash used in the Company’s operating activities
operasi Perseroan tercatat sebesar Rp364,29 miliar. Jumlah               amounted to Rp364.29 billion. This represents an increase
ini meningkat sebesar 153,30% atau setara Rp220,47 miliar,               of 153.30%, or equivalent to Rp220.47 billion, compared to
dibandingkan tahun 2024 yang tercatat sebesar Rp143,82                   Rp143.82 billion in 2024. The increase in cash outflows was
miliar. Peningkatan penggunaan kas ini terutama dipengaruhi              mainly due to the Company’s higher operational activities,
oleh meningkatnya aktivitas operasional Perseroan yang                   resulting in increased payments to suppliers, operating
berdampak pada kenaikan pembayaran kepada pemasok,                       expenses, and employees, although cash receipts from
beban usaha, dan karyawan meskipun penerimaan kas dari                   customers also increased during the period.
pelanggan juga mengalami peningkatan pada periode berjalan.


Arus Kas Neto dari (untuk) Aktivitas Investasi                           Net Cash Flows from (for) Investing Activities
Pada tahun 2025, kas neto yang digunakan untuk aktivitas                 In 2025, net cash used in the Company’s investing activities
investasi Perseroan tercatat sebesar Rp169,00 miliar. Jumlah ini         amounted to Rp169.00 billion. This represents a decrease of
menurun sebesar 93,38% atau setara Rp2,38 triliun, dibandingkan          93.38%, or equivalent to Rp2.38 trillion, compared to Rp2.56
tahun 2024 yang tercatat sebesar Rp2,56 triliun. Kondisi ini             trillion in 2024. This condition was due to the acquisition of
disebabkan oleh adanya akuisisi Probiotec pada tahun 2024.               Probiotec in 2024.


Arus Kas Neto dari (untuk) Aktivitas Pendanaan                           Net Cash Flows from (for) Financing Activities
Pada tahun 2025, kas neto yang diperoleh dari aktivitas                  In 2025, net cash provided by the Company’s financing
pendanaan Perseroan tercatat sebesar Rp284,45 miliar.                    activities amounted to Rp284.45 billion. This represents a
Jumlah ini menurun sebesar 90,39% atau setara Rp2,68                     decrease of 90.39%, or equivalent to Rp2.68 trillion, compared
triliun, dibandingkan tahun 2024 yang tercatat sebesar Rp2,95            to Rp2.95 trillion in 2024. This condition was due to changes
triliun. Kondisi ini disebabkan oleh perubahan pada aktivitas            in the Company’s investing activities, whereby there were
investasi Perseroan, di mana terdapat penerimaan utang bank              proceeds from bank loans and share capital received from the
dan penerimaan modal saham hasil PMHMETD pada tahun                      Rights Issue (PMHMETD) in 2024 to finance the acquisition of
2024 untuk pembiayaan akuisisi Probiotec.                                Probiotec.



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Rasio Keuangan Konsolidasian
Consolidated Financial Ratios

                        Uraian                          2025             2024                           Description

 Rasio Profitabilitas
 Profitability Ratios                                                                                                   (dalam % / in %)

 Margin Laba Bruto                                        21,13           27,93                                     Gross Profit Margin

 Margin Rugi Operasi                                      (7,87)          (5,56)                                 Operating Loss Margin

 Margin Rugi Tahun Berjalan                             (13,75)          (17,19)                               Loss for the Year Margin
 Rasio Rugi Tahun Berjalan                                                                                          Loss for the Year to
                                                        (38,54)          (31,77)
 terhadap Jumlah Ekuitas                                                                                            Total Equity Margin
 Rasio Rugi Tahun Berjalan                                                                                          Loss for the Year to
                                                          (5,61)          (5,68)
 terhadap Jumlah Aset                                                                                               Total Assets Margin
 Rasio Likuiditas
                                                                                                                  (dalam kali / in times)
 Liquidity Ratio

 Rasio Lancar                                              1,24            1,28                                            Current Ratio

 Rasio Solvabilitas
 Solvency Ratio                                                                                                   (dalam kali / in times)

 Rasio Liabilitas terhadap Jumlah Aset                     0,85            0,82                          Liabilities to Total Asset Ratio

 Rasio Liabilitas terhadap Jumlah Ekuitas                  5,87            4,59                          Liabilities to Total Equity Ratio



Rasio Profitabilitas                                                 Profitability Ratios
Rasio profitabilitas mencerminkan tingkat efektivitas                Profitability ratios reflect the Company’s level of effectiveness
Perseroan dalam menghasilkan laba dari pendapatan yang               in generating profit from managed revenues, with the following
dikelola, dengan pencapaian sebagai berikut.                         achievements:
1. Margin laba bruto menurun menjadi 21,13% di tahun 2025            1. Gross profit margin decreased to 21.13% in 2025, compared
    dibandingkan tahun sebelumnya yang tercatat sebesar                  to 27.93% in the previous year.
    27,93%.
2. Margin rugi operasi meningkat menjadi 7,87% di tahun 2025         2. Operating loss margin increased to 7.87% in 2025,
    dibandingkan tahun sebelumnya yang tercatat sebesar 5,56%.          compared to 5.56% in the previous year.
3. Margin rugi tahun berjalan menurun menjadi 13,75% di              3. Loss for the year margin decreased to 13.75% in 2025,
    tahun 2025 dibandingkan tahun sebelumnya yang tercatat              compared to 17.19% in the previous year.
    sebesar 17,19%.
4. Rasio rugi tahun berjalan terhadap jumlah ekuitas tercatat        4. The ratio of loss for the year to total equity was recorded
    sebesar 38,54% di tahun 2025, meningkat dibandingkan                at 38.54% in 2025, an increase compared to 31.77% in the
    tahun sebelumnya yang tercatat sebesar 31,77%.                      previous year.
5. Rasio rugi tahun berjalan terhadap jumlah aset tercatat           5. The ratio of loss for the year to total assets was recorded
    sebesar 5,61% di tahun 2025, menurun dibandingkan                   at 5.61% in 2025, a decrease compared to 5.68% in the
    tahun sebelumnya yang tercatat sebesar 5,68%.                       previous year.



Kemampuan Membayar Utang                                             Solvency

Untuk menilai kemampuan dalam memenuhi kewajiban                     To assess its ability to meet financial obligations, the Company
keuangannya, Perseroan menggunakan ukuran rasio likuiditas           employs liquidity and solvency ratio measures. The results of
dan solvabilitas. Uraian mengenai hasil pengukuran kedua             the assessment for these ratios are presented as follows:
rasio tersebut adalah sebagai berikut:


Rasio Likuiditas                                                     Liquidity Ratio
Perseroan menghitung rasio likuiditas untuk menilai                  The Company calculates the liquidity ratio to evaluate its
kemampuan dalam memenuhi kewajiban jangka pendek yang                ability to meet its short-term obligations as they become due.
jatuh tempo. Pengukuran rasio ini dilakukan melalui rasio            This ratio is measured using the current ratio, which compares
lancar, yaitu perbandingan antara jumlah aset lancar dan             total current assets to total current liabilities. The Company




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jumlah liabilitas jangka pendek. Perseroan mencatatkan rasio           recorded a current ratio of 1.24 times in 2025, representing a
lancar sebesar 1,24 kali di tahun 2025, menurun dibandingkan           decrease compared to 1.28 times in the previous year.
tahun sebelumnya yang tercatat sebesar 1,28 kali.


Rasio Solvabilitas                                                     Solvency Ratio
Rasio solvabilitas digunakan Perseroan untuk mengukur tingkat          The Company uses the solvency ratio to measure its ability
kemampuan dalam memenuhi kewajiban finansial, baik jangka              to meet both short-term and long-term financial obligations.
pendek maupun jangka panjang. Pada tahun 2025, Perseroan               In 2025, the Company recorded a liabilities-to-assets ratio of
mencatatkan rasio liabilitas terhadap jumlah aset sebesar              0.85 times, representing an increase compared to 0.82 times
0,85 kali, meningkat dibandingkan tahun sebelumnya yang                in the previous year. Meanwhile, the liabilities-to-equity ratio
tercatat sebesar 0,82 kali. Sementara itu, rasio liabilitas            increased from 4.59 times in 2024 to 5.87 times in 2025.
terhadap jumlah ekuitas tercatat meningkat dari 4,59 kali pada
tahun 2024 menjadi 5,87 kali pada tahun 2025.


Untuk mengantisipasi peningkatan eksposur terhadap risiko              To anticipate heightened exposure to financial risks,
keuangan, Perseroan menerapkan prinsip kehati-hatian dalam             the Company applies prudent principles in managing its capital
mengelola struktur permodalan, arus kas, dan tingkat leverage.         structure, cash flows, and leverage levels. The Company
Perseroan juga secara konsisten memantau likuiditas serta              also consistently monitors liquidity and reviews operational
meninjau efisiensi operasional guna menjaga stabilitas                 efficiency to maintain long-term financial stability.
keuangan jangka panjang.



Tingkat Kolektibilitas Piutang                                         Receivables Collectability Ratio

Dalam menjaga arus kas yang sehat dan stabil, Perseroan                In maintaining a healthy and stable cash flow, the Company
secara konsisten mengedepankan pengelolaan piutang yang                consistently emphasizes measured and sustainable
terukur dan berkesinambungan. Melalui penerapan kebijakan              management of trade receivables. Through the implementation
kredit yang selektif, pemantauan konsumen secara rutin, serta          of selective credit policies, regular customer monitoring, and
strategi penagihan yang efektif, Perseroan berupaya menjaga            effective collection strategies, the Company strives to maintain
kualitas piutang tetap baik dan meminimalkan potensi risiko            the quality of receivables and minimize potential risks of
piutang bermasalah. Didukung oleh sistem manajemen risiko              impaired accounts. Supported by an integrated financial risk
keuangan yang terintegrasi, Perseroan mampu mengidentifikasi           management system, the Company is able to identify potential
potensi risiko kredit secara dini dan menindaklanjutinya dengan        credit risks early and take appropriate mitigation actions.
langkah mitigasi yang tepat. Pendekatan yang konsisten dan             This consistent approach, reinforced by comprehensive data
didukung analisis data yang komprehensif menjadikan rasio              analysis, ensures that the Company’s receivables collectability
kolektibilitas piutang Perseroan tetap terjaga dengan baik,            ratio remains well-maintained, reflecting a commitment to
sekaligus mencerminkan komitmen terhadap pengelolaan                   prudent and objective financial management.
keuangan yang hati-hati dan objektif.


Saldo piutang usaha Perseroan tercatat sebesar Rp786,54 miliar,        As of 2025, the Company’s accounts receivables balance
dengan saldo penyisihan kerugian piutang usaha sebesar Rp30,85         amounted to Rp786.54 billion, with an allowance for
miliar pada tahun 2025. Rata-rata periode perputaran piutang           impairment of accounts receivables of Rp30.85 billion.
Perseroan pada tahun 2025 tercatat selama 93 hari, lebih lama          The average collection period of the Company’s receivables in
dibandingkan tahun sebelumnya yang tercatat selama 79 hari.            2025 was 93 days, longer compared to 79 days in the previous
Pada tahun 2025, proporsi piutang usaha yang telah jatuh tempo         year. In 2025, the proportion of accounts receivables past due by
lebih dari 60 hari mencapai 5,72% dari jumlah piutang usaha.           more than 60 days reached 5.72% of total account receivables,
Sementara itu, proporsi piutang usaha yang belum jatuh tempo           while the proportion of accounts receivables not yet due was
tercatat sebesar 69,15% dari jumlah piutang usaha Perseroan.           69.15% of total accounts receivables.


Dalam menjaga kesehatan keuangan dan arus kas, Perseroan               To safeguard financial health and cash flow, the Company and
bersama Entitas Anak secara konsisten memantau kolektibilitas          its Subsidiaries consistently monitor receivables collectability
piutang agar seluruh tagihan dapat terselesaikan tepat waktu.          to ensure timely settlement of all outstanding invoices. Through
Melalui peninjauan berkala atas setiap piutang konsumen,               periodic reviews of each customer account, the Company
Perseroan menilai kemungkinan terjadinya risiko gagal bayar            assesses the likelihood of default risk and establishes adequate
dan membentuk pencadangan kerugian yang memadai untuk                  loss provisions to maintain the company’s financial stability.
menjaga stabilitas keuangan perusahaan.



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Struktur Permodalan dan Kebijakan                                       Capital Structure and the Management
Manajemen atas Struktur Modal                                           Policy on Capital Structure

Struktur Permodalan                                                     Capital Structure
Informasi terkait struktur permodalan Perseroan dalam kurun             Information regarding the Company’s capital structure over
waktu 2 (dua) tahun terakhir diuraikan sebagai berikut:                 the past 2 (two) years is presented as follows:

                                                                                                                                (dalam % / in %)

                     Uraian                             2025                  2024                          Description

 Pinjaman Berbunga                                     3.633.603            3.445.126                               Interest-Bearing Loans

 Dikurangi: Kas dan Setara Kas                         (101.788)            (351.857)                   Less: Cash and Cash Equivalents

 Pinjaman – Neto                                       3.531.815            3.093.269                                              Net Debts

 Jumlah Ekuitas                                          985.181            1.039.546                                            Total Equity

 Rasio Pinjaman Neto terhadap Ekuitas (kali)                 3,58                2,98                  Ratio of Net Loan to Equity (times)



Kebijakan Manajemen atas Struktur Modal                                 Management Policy on Capital Structure
Kebijakan manajemen atas struktur modal Perseroan diarahkan             The Company’s management policy on capital structure is
untuk mencapai keseimbangan yang optimal antara risiko dan              aimed at achieving an optimal balance between risk and return.
tingkat pengembalian (risk and return). Melalui pengelolaan yang        Through disciplined management, the Company ensures
disiplin, Perseroan memastikan struktur modal mendukung                 that its capital structure supports sustainable operations,
keberlanjutan operasi, efisiensi pendanaan, serta peningkatan           funding efficiency, and enhancement of the shareholder value.
nilai perusahaan bagi pemegang saham. Penetapan kebijakan               This policy is determined with due consideration of internal
ini mempertimbangkan kapasitas pendanaan internal, kondisi              financing capacity, macroeconomic conditions, and market
makroekonomi, dan volatilitas pasar, sehingga Perseroan tetap           volatility, thereby enabling the Company to maintain financial
memiliki fleksibilitas finansial dalam menghadapi berbagai              flexibility in addressing many challenges.
tantangan.



Investasi Barang Modal                                                  Capital Investment

Tujuan Investasi Barang Modal                                           Purpose of Capital Investment
Investasi barang modal merupakan upaya strategis Perseroan              Capital investment represents the Company’s strategic effort to
dalam memperkuat fondasi operasional dan meningkatkan                   strengthen operational foundations and increase productivity.
produktivitas. Melalui alokasi anggaran yang terukur, Perseroan         Through a measured budget allocation, the Company
berupaya memastikan efisiensi biaya, keberlanjutan usaha, serta         aims to ensure cost efficiency, business sustainability, and
peningkatan daya saing di tengah dinamika pasar. Kebijakan              competitiveness amid dynamic market conditions. This
investasi ini menjadi bagian penting dari komitmen Perseroan            investment policy forms an integral part of the Company’s
untuk mencapai pertumbuhan jangka panjang yang berkelanjutan.           commitment to achieving sustainable long-term growth.


Jumlah Investasi Barang Modal                                           Total Capital Investment
Informasi mengenai jumlah investasi barang modal Perseroan              Information regarding the Company’s capital investment over
dalam 2 (dua) tahun terakhir diuraikan sebagai berikut:                 the past 2 (two) years is presented as follows:

                                                                                                        (dalam jutaan Rupiah / in million Rupiah)

                     Uraian                             2025                  2024                          Description

 Bangunan dan Prasarana                                 31.489                   406                           Building and Improvements

 Mesin dan Peralatan                                    38.669                69.427                                 Machinery Equipment

 Peralatan Kantor                                         3.926                1.335                                       Office Equipment

 Kendaraan                                                  260                  798                                                 Vehicles

 Aset dalam Pembangunan                                 19.391                29.276                            Assets under Construction

 Jumlah                                                 93.735               101.241                                                     Total




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Ikatan Material terkait Investasi                                        Material Commitment related to
Barang Modal                                                             Capital Investment

Tidak terdapat ikatan material yang terkait dengan investasi             There were no material commitments related to the Company’s
barang modal yang dilakukan Perseroan sepanjang tahun 2025.              capital investment throughout 2025. All such investments
Seluruh investasi tersebut dilaksanakan menggunakan dana                 were carried out using funds allocated in accordance with
yang telah dialokasikan sesuai dengan anggaran Perseroan.                the Company’s budget.



Perbandingan Target dan Realisasi 2025                                   Target and Achievement Comparison
[POJK F.2]                                                               in 2025 [POJK F.2]

Sepanjang tahun 2025, Perseroan mencatatkan realisasi                    Throughout 2025, the Company recorded performance
kinerja yang mencerminkan dinamika operasional dan kondisi               realization   that    reflects  operational      dynamics      and
pasar yang dihadapi. Pendapatan neto tercatat sebesar Rp2,76             prevailing market conditions. Net revenues was recorded at
triliun, sementara Perseroan membukukan rugi usaha sebesar               Rp2.76 trillion, while the Company recorded an loss from
Rp217,20 miliar dan rugi tahun berjalan sebesar Rp379,67                 operations of Rp217.20 billion and a loss for the year of
miliar. Dari sisi posisi keuangan, jumlah aset mencapai Rp6,77           Rp379.67 billion. From a financial position perspective, total
triliun dengan liabilitas sebesar Rp5,79 triliun dan ekuitas             assets reached Rp6.77 trillion, with liabilities of Rp5.79 trillion
sebesar Rp985,18 miliar. Hasil pencapaian ini menjadi dasar              and equity of Rp985.18 billion. These achievements serve
evaluasi terhadap target yang telah ditetapkan serta acuan               as the basis for evaluation on predetermined targets as well
dalam menyusun strategi dan langkah perbaikan kinerja                    as a reference in developing strategies and performance
Perseroan ke depan.                                                      improvement measures going forward.



Prospek Usaha                                                            Business Outlook

Prospek usaha pada tahun 2026 diperkirakan tetap berada                  The business outlook for 2026 is expected to remain on a
dalam jalur yang positif, didukung oleh proyeksi pertumbuhan             positive trajectory, supported by a relatively stable global
ekonomi global yang relatif stabil di kisaran 3,3%. Stabilitas           economic growth projection of around 3.3%. This stability
tersebut ditopang oleh meningkatnya investasi teknologi,                 is underpinned by increasing technology investment, more
kebijakan fiskal dan moneter yang lebih akomodatif, serta                accommodative fiscal and monetary policies, and the private
kemampuan adaptasi sektor swasta dalam menghadapi                        sector’s ability to adapt to shifts in the global trade landscape.
perubahan lanskap perdagangan global. Namun demikian,                    Nevertheless, uncertainties in trade policies and potential
ketidakpastian kebijakan perdagangan dan potensi disrupsi                disruptions to shipping routes and supply chains remain key
jalur pelayaran maupun rantai pasok tetap menjadi faktor                 risk factors that need to be anticipated, particularly for the
risiko yang perlu diantisipasi, khususnya bagi industri farmasi          pharmaceutical industry, which still depends on imported raw
yang masih bergantung pada bahan baku impor.                             materials.


Di tingkat domestik, prospek pertumbuhan ekonomi Indonesia               At the domestic level, Indonesia’s economic growth outlook,
yang diperkirakan berada pada kisaran 4,9%–5,7% memberikan               projected in the range of 4.9%–5.7%, provides a strong
fondasi yang kuat bagi peningkatan aktivitas usaha. Penguatan            foundation for increased business activities. Strengthening
permintaan domestik yang didukung oleh kebijakan fiskal                  domestic demand, supported by fiscal policy through the
melalui APBN 2026 serta bauran kebijakan Bank Indonesia yang             2026 State Budget (APBN) and pro-growth monetary policy
pro-pertumbuhan diharapkan mampu mendorong konsumsi                      mix by Bank Indonesia, is expected to drive consumption
dan investasi, termasuk dalam sektor kesehatan. Peningkatan              and investment, including in the healthcare sector. Increased
belanja kesehatan, baik dari pemerintah maupun masyarakat,               healthcare spending from both the government and the public,
serta agenda penguatan sistem kesehatan nasional akan                    as well as the national healthcare system strengthening
menjadi katalis utama dalam menjaga momentum pertumbuhan                 agenda, will serve as key catalysts in maintaining the growth
industri kesehatan dan farmasi.                                          momentum of the healthcare and pharmaceutical industry.


Sejalan dengan hal tersebut, prospek industri kesehatan                  In line with this, the outlook for the national healthcare industry
nasional diperkirakan tetap terjaga, meskipun masih dibayangi            is expected to remain stable, although still constrained by
tantangan struktural berupa ketergantungan pada impor bahan              structural challenges related to dependence on imported
baku farmasi. Kondisi ini meningkatkan sensitivitas industri             pharmaceutical raw materials. This condition increases




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terhadap volatilitas harga global dan potensi gangguan rantai       industry sensitivity to global price volatility and potential
pasok lintas negara. Di sisi lain, arah kebijakan pemerintah        cross-border supply chain disruptions. On the other hand, the
yang mendorong peningkatan Tingkat Komponen Dalam Negeri            direction of government policies encouraging the increase of
(“TKDN”) pada produk-produk kesehatan akan memperkuat               Domestic Component Level (“TKDN”) in healthcare products
peran pelaku industri dalam negeri.                                 will strengthen the role of domestic industry players.


Dengan mempertimbangkan kondisi-kondisi tersebut, prospek           By taking these conditions into account, the Company’s
usaha Perseroan pada tahun 2026 tetap positif, didukung oleh        business prospects for 2026 remain positive, supported
posisi Perseroan sebagai perusahaan farmasi terintegrasi            by its position as an integrated pharmaceutical company
yang mencakup pengembangan produk, manufaktur, dan                  encompassing product development, manufacturing, and
komersialisasi. Area cakupan yang luas serta penetrasi pada         commercialization. Its broad coverage area and penetration in
segmen rumah sakit turut memperkuat kemampuan Perseroan             the hospital segment further strengthen the Company’s ability
dalam memanfaatkan peluang pertumbuhan industri. Pada               to capture industry growth opportunities. In 2026, the Company
tahun 2026, Perseroan berencana untuk tetap fokus pada              plans to continue focusing on the development of its product
pengembangan portofolio produk, peningkatan utilisasi               portfolio, increasing manufacturing capacity utilization,
kapasitas manufaktur, penguatan sinergi antar entitas, serta        strengthening synergies among entities, and improving
penguatan kerja sama dengan mitra-mitra strategis. Selain           collaboration with strategic partners. In addition, synergy with
itu, sinergi dengan Probiotec diharapkan dapat memperkuat           Probiotec is expected to strengthen manufacturing capabilities
kapabilitas manufaktur dan memperluas akses pasar                   and expand access to international markets, thereby supporting
internasional, sehingga mendukung peningkatan skala usaha           the sustainable growth of the Company’s business scale and
dan pangsa pasar Perseroan secara berkelanjutan.                    market share.



Proyeksi Tahun 2026                                                 Projection for 2026

Melihat dinamika makroekonomi dan peluang industri yang             In view of macroeconomic dynamics and industry opportunities
berkembang untuk tahun 2026, Perseroan memproyeksikan               for 2026, the Company projects that its business performance
kinerja usaha yang tetap menunjukkan pertumbuhan yang               will continue to show positive growth, supported by increased
positif, didukung oleh peningkatan pendapatan serta efisiensi       revenue and improved operational efficiency. The financial
operasional. Posisi keuangan diperkirakan tetap terjaga             position is expected to remain sound through the optimal
melalui pengelolaan aset, liabilitas, dan ekuitas yang optimal,     management of assets, liabilities, and equity, supported by a
dengan struktur permodalan yang sehat. Perseroan juga               healthy capital structure. The Company will also consider its
akan mempertimbangkan kebijakan dividen dengan tetap                dividend policy while taking into account funding requirements
memperhatikan kebutuhan pendanaan untuk mendukung                   to support sustainable business development.
pengembangan usaha yang berkelanjutan.



Aspek Pemasaran                                                     Marketing Aspect

Perseroan secara konsisten melaksanakan kegiatan pemasaran          The Company consistently engages in effective marketing
yang efektif sebagai bagian dari upaya untuk memasarkan             activities as part of its efforts to market its products across
produk-produk Perseroan ke seluruh Indonesia dan menjaga            Indonesia and to maintain business going concern. A number
keberlanjutan usaha. Berbagai strategi dan inisiatif terus          of different strategies and initiatives continue to be developed,
dikembangkan, terutama melalui optimalisasi penetrasi produk        particularly through optimizing product penetration supported
dengan dukungan tenaga pemasaran yang tersebar di seluruh           by a marketing workforce deployed throughout Indonesia,
wilayah Indonesia, sehingga jangkauan pasar semakin luas            ensuring wider and more equitable market coverage. The
dan merata. Perseroan juga aktif berpartisipasi dalam berbagai      Company also actively participates in various symposium,
simposium, konferensi, dan pertemuan ilmiah di tingkat lokal        conferences, and scientific meetings at both local and national
maupun nasional sebagai bagian dari strategi komunikasi dan         levels as part of its market communication and education
edukasi pasar. Inisiatif tersebut bertujuan untuk memperkuat        strategy. These initiatives are aimed at strengthening
hubungan dengan komunitas medis serta meningkatkan                  relationships with the medical community and improving
pemahaman mengenai keunggulan produk-produk Perseroan               understanding of the advantages of the Company’s products
di kalangan tenaga kesehatan.                                       among healthcare professionals.




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Bersama Entitas Anak, yaitu PT Holi Pharma dan PT Ethica               With its Subsidiaries, PT Holi Pharma and PT Ethica Industri
Industri Farmasi, Perseroan turut berperan dalam Program               Farmasi, the Company contributes to the National Health
Jaminan Kesehatan Nasional (“JKN”) dengan memperluas                   Insurance Program (“JKN”) by expanding public access
akses masyarakat terhadap produk farmasi esensial, sekaligus           to essential pharmaceutical products, while supporting
mendukung program pemerintah dalam pemerataan layanan                  the government’s program to ensure equitable healthcare
kesehatan di Indonesia. Selain memperkuat pasar domestik,              services across Indonesia. In addition to strengthening
Perseroan juga memperluas jangkauan pemasaran internasional            the domestic market, the Company also expands its
melalui ekspor produk ke Filipina, Singapura, dan Hong Kong,           international marketing reach through exports to the Philippines,
serta terus mencari peluang ekspansi ke negara potensial               Singapore, and Hong Kong, while continuously exploring
lainnya. Melalui kombinasi strategi distribusi, kemitraan, dan         expansion opportunities in other potential countries. Through
inovasi pemasaran yang berkelanjutan, Perseroan berkomitmen            a combination of distribution strategies, partnerships, and
untuk terus meningkatkan daya saing dan mendukung                      sustainable marketing innovation, the Company remains
pertumbuhan bisnis jangka panjang yang berkesinambungan.               committed to enhancing competitiveness and supporting long-
                                                                       term, sustainable business growth.


Di samping itu, Perseroan melanjutkan strategi pemasaran               In addition, the Company continues to implement
yang telah ditetapkan sebelumnya, yaitu:                               the predetermined marketing strategies, which include:
a. Mengembangkan portofolio produk dengan mengkaji                     a. Developing the product portfolio by assessing market
    dinamika pasar dan menjajaki produk-produk baru yang                   dynamics and exploring new flagship products, including
    menjadi unggulan, termasuk produk-produk inovator, baik                innovator products, either in-house or through partnerships
    secara in-house maupun dengan menjalin kerja sama dengan               with strategic partners;
    partner-partner strategis;
b. Memperkuat jaringan distribusi dan pemasaran, dengan                b. Strengthening the distribution and marketing network by
    menjalin kemitraan dengan distributor serta memperkuat                establishing partnerships with distributors and enhancing
    hubungan dengan medical community;                                    relationships with the medical community;
c. Meningkatkan produktivitas dan kualitas sumber daya                 c. Increasing the productivity and quality of the marketing
    manusia tenaga pemasar;                                               workforce;
d. Mengembangkan Divisi Pyfaaesthetic yang berfokus pada               d. Developing the Pyfaaesthetic Division, which focuses on the
    kategori dermatologi dengan meluncurkan rangkaian                     dermatology business, by launching a series of new products
    produk-produk baru dari dalam dan luar negeri, serta                  from both domestic and international sources, and participating
    mengikuti marketing event di Indonesia dan event                      in marketing events in Indonesia and internationally;
    internasional;
e. Memperluas target pasar dengan berpartisipasi dalam                 e. Expanding market targets by participating in the JKN; and
    Program JKN; serta
f. Mengembangkan Divisi CDMO untuk memperkuat posisi                   f.   Developing the CDMO Division to strengthen the Company’s
    Perseroan dan Entitas Anak di pasar lokal dan global.                   and its Subsidiaries’ positions in both local and global
                                                                            markets.


Pangsa Pasar                                                           Market Share
Persaingan industri yang semakin ketat mendorong Perseroan             The increasingly competitive industry landscape drives
untuk terus memperkuat pangsa pasar melalui strategi                   the Company to continuously strengthen its market share through
pemasaran yang terukur dan berorientasi hasil. Perseroan               measured and results-oriented marketing strategies. With its
bersama Entitas Anak secara konsisten memperluas basis                 Subsidiaries, The Company, with its Subsidiaries, consistently
pengguna di seluruh wilayah Indonesia dengan sasaran utama             expands its user base across Indonesia, with hospitals as the
rumah sakit, klinik, apotek, toko obat, konsumen langsung,             primary target, clinics, pharmacies, drugstores, direct consumers,
serta segmen industri kesehatan lainnya. Selain memperkuat             as well as other healthcare industry segments. In addition to
pasar domestik, Perseroan juga menerapkan strategi ekspansi            consolidating the domestic market, The Company also implements
internasional dan mulai mengadopsi teknologi berbasis                  an international expansion strategy and has begun adopting
kecerdasan buatan untuk mengoptimalkan proses operasional.             artificial intelligence-based technology to optimize operational
Langkah ini mencerminkan komitmen Perseroan untuk                      processes. These initiatives reflect the Company’s commitment
menjadi perusahaan farmasi berbasis sains dan teknologi                to becoming a science and technology-based pharmaceutical
yang kompetitif di pasar global.                                       company that is competitive in the global market.




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Program Kepemilikan Saham oleh                                    Employee/Management Stock Ownership
Karyawan/Manajemen (“ESOP/MSOP”)                                  Program (“ESOP/MSOP”)

Per 31 Desember 2025, Perseroan tidak melaksanakan program        As of December 31, 2025, the Company did not implement any
kepemilikan saham oleh karyawan ataupun manajemen, baik           employee or management stock ownership programs, either
dalam bentuk Employee Stock Option Program (“ESOP”) maupun        in the form of an Employee Stock Option Program (“ESOP”) or
Management Stock Option Program (“MSOP”).                         a Management Stock Option Program (“MSOP”).



Kebijakan Dividen dan Pembagian Dividen                           Dividend Policy and Dividend Distribution

Kebijakan Dividen                                                 Dividend Policy
Penetapan pembagian dividen Perseroan dilaksanakan sesuai         The determination of the Company’s dividend distribution
dengan kebijakan dan ketentuan peraturan perundang-undangan       is carried out in accordance with the policies and applicable
yang berlaku, termasuk Undang-Undang No. 40 Tahun 2007            laws and regulations, including Law No. 40 of 2007 concerning
tentang Perseroan Terbatas, anggaran dasar Perseroan,             Limited Liability Companies, the Articles of Association, and
serta keputusan RUPS. Pelaksanaan pembagian dividen               the resolutions of the GMS. The implementation of dividend
menjadi tanggung jawab dan kewenangan Direksi, dengan             distribution is the responsibility and authority of the Board of
tetap memperhatikan keputusan RUPS dan kondisi keuangan           Directors, while taking into account the GMS resolutions and
Perseroan.                                                        the Company’s financial condition.


Pembagian Dividen                                                 Dividend Distribution
Pada pelaksanaan RUPS untuk tahun buku 2024 yang                  At the GMS for the 2024 financial year held on June 18, 2025,
diselenggarakan pada tanggal 18 Juni 2025, para pemegang          the Shareholders approved not to allocate profits as reserves
saham menyetujui untuk tidak melakukan penyisihan laba            nor distribute dividends. Accordingly, there is no information
sebagai cadangan maupun pembagian dividen. Dengan                 regarding dividend distribution over the past 2 (two) years.
demikian, tidak terdapat informasi mengenai pembagian
dividen sepanjang 2 (dua) tahun terakhir.



Realisasi Penggunaan Dana Hasil                                   Realization of the Use of Funds from
Penawaran Umum                                                    the Public Offering

Pada tahun 2025, Perseroan telah menyampaikan Laporan             The Company submitted Reports on the Realization of the Use
Realisasi Penggunaan Dana kepada Otoritas Jasa Keuangan           of Proceeds to the Financial Services Authority in relation to
atas beberapa kegiatan penawaran umum.                            several public offering activities in 2025.


Laporan tersebut antara lain mencakup penggunaan dana dari        The reports include, among others, the use of proceeds from
Hasil Penawaran Umum Berkelanjutan Obligasi Berkelanjutan II      the Continuous Public Offering of Pyridam Farma Phase I
Pyridam Farma Tahap I Tahun 2025, terakhir per 31 Desember        Continuous Bonds II Year 2025, as of December 31, 2025. The
2025. Dana yang diperoleh, setelah dikurangi biaya emisi,         proceeds obtained, after deducting issuance costs, are planned
direncanakan untuk pelunasan pokok Obligasi Berkelanjutan         to be used for the repayment of the principal of Pyridam Farma
I Pyridam Farma Tahap II Tahun 2023 pada saat jatuh tempo,        Phase II Continuous Bonds I Year 2023 upon maturity, with
serta sisanya digunakan untuk modal kerja operasional             the remaining funds allocated for the Company’s operational
Perseroan, di mana hingga tanggal pelaporan dana tersebut         working capital, of which, as of the reporting date, the funds
belum seluruhnya terealisasi.                                     have not been fully realized.


Selain itu, Perseroan juga melaporkan penggunaan dana dari        In addition, the Company also reported the use of proceeds from
Penambahan Modal Dengan Memberikan Hak Memesan Efek               the Rights Issue I (PMHMETD I) of PT Pyridam Farma Tbk, as
Terlebih Dahulu (PMHMETD) I PT Pyridam Farma Tbk, terakhir        of December 31, 2025. All proceeds obtained, after deducting
per 31 Desember 2025. Seluruh dana yang diperoleh, setelah        issuance costs, have been utilized as capital injection into the
dikurangi biaya emisi, telah digunakan sebagai setoran modal      Subsidiary, PAPL, which are subsequently used for business
kepada entitas anak Perseroan, yaitu PAPL, yang selanjutnya       expansion and investment through the planned acquisition of




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dimanfaatkan untuk ekspansi dan investasi usaha melalui                Probiotec Limited, a company incorporated under the laws of
rencana pengambilalihan Probiotec Limited, perusahaan yang             Australia. The utilization of these funds has been fully realized.
didirikan berdasarkan hukum Australia. Penggunaan dana
tersebut telah terealisasi seluruhnya.


Lebih lanjut, Perseroan juga menyampaikan laporan                      Furthermore, the Company also submitted a report on the use
penggunaan dana dari Hasil Penawaran Umum Berkelanjutan                of proceeds from the Continuous Public Offering of Pyridam
Obligasi Berkelanjutan I Pyridam Farma Tahap III Tahun 2024,           Farma Phase III Continuous Bonds I Year 2024, as of December
terakhir per 31 Desember 2025. Dana yang diperoleh, setelah            31, 2025. The proceeds obtained, after deducting issuance
dikurangi biaya emisi, sekitar 92.84% digunakan untuk modal            costs, approximately 92.84% were used for the Company’s
kerja dan biaya operasional Perseroan, sedangkan sisanya               working capital and operational expenses, while the remainder
digunakan untuk belanja modal. Hingga tanggal pelaporan,               was allocated for capital expenditure. As of the reporting date,
dana tersebut masih belum seluruhnya terealisasi.                      these funds have not yet been fully realized.


Seluruh realisasi penggunaan dana tersebut telah disampaikan           All realizations of the use of proceeds have been submitted by
oleh Perseroan kepada Otoritas Jasa Keuangan secara berkala            the Company to the Financial Services Authority on a periodic
sesuai dengan ketentuan peraturan perundang-undangan yang              basis in accordance with the prevailing laws and regulations,
berlaku, melalui:                                                      through:
1. Surat No. 053/PYFA-CS/VII/2025 tanggal 15 Juli 2025                 1. Letter No. 053/PYFA-CS/VII/2025 dated July 15, 2025
    tentang Laporan Realisasi Penggunaan Dana Hasil                         regarding the Report on the Realization of the Use of
    Penawaran Umum Obligasi Berkelanjutan I Pyridam Farma                   Proceeds from the Public Offering of Pyridam Farma Phase
    Tahap III Tahun 2025 per 30 Juni 2025;                                  III Continuous Bonds I Year 2025 as of June 30, 2025;
2. Surat No.054/PYFA-CS/VII/2025 tanggal 15 Juli 2025                  2. Letter No. 054/PYFA-CS/VII/2025 dated July 15, 2025
    tentang Laporan Realisasi Pengunaan Dana Penawaran                      regarding the Report on the Realization of the Use of
    Umum Terbatas Kepada Para Pemegang Saham Penerbitan                     Proceeds from the Limited Public Offering to Shareholders
    Waran Seri 1 per 30 Juni 2025;                                          with the issuance of Series I Warrants as of June 30, 2025;
3. Surat No.009/PYFA-CS/I/2025 tanggal 15 Januari 2026                 3. Letter No. 009/PYFA-CS/I/2026 dated January 15, 2026
    tentang Laporan Realisasi Penggunaan Dana Hasil                         regarding the Report on the Realization of the Use of
    Penawaran Umum Obligasi Berkelanjutan I Pyridam Farma                   Proceeds from the Public Offering of Pyridam Farma Phase
    Tahap III Tahun 2024 per 31 Desember 2025;                              III Continuous Bonds I Year 2024 as of December 31, 2025;
4. Surat No.010/PYFA-CS/I/2026, tanggal 15 Januari 2026                4. Letter No. 010/PYFA-CS/I/2026 dated January 15, 2026
    tentang Laporan Realisasi Penggunaan Dana Hasil                         regarding the Report on the Realization of the Use of Proceeds
    Penawaran Umum Terbatas Kepada Para Pemegang                            from the Limited Public Offering to Shareholders with the
    Saham Penerbitan Waran 1 Per 31 Desember 2025;                          issuance of Series I Warrants as of December 31, 2025;
5. Surat No.011/PYFA-CS/I/2026 tanggal 15 Januari 2026                 5. Letter No. 011/PYFA-CS/I/2026 dated January 15, 2026
    tentang Laporan Realisasi Penggunaan Dana Hasil                         regarding the Report on the Realization of the Use of
    Penawaran Umum Berkelanjutan Obligasi Berkelanjutan                     Proceeds from the Continuous Public Offering of Pyridam
    II Pyridam Farma Tahap I Tahun 2025 sebagaimana yang                    Farma Phase I Continuous Bonds II Year 2025, as amended
    diubah dengan Surat No. 011a/PYFA-CS/II/2026 tanggal                    by Letter No. 011a/PYFA-CS/II/2026 dated February 4,
    4 Februari 2026 tentang Laporan Realisasi Penggunaan                    2026 regarding the Report on the Realization of the Use of
    Dana Hasil Penawaran Umum Berkelanjutan Obligasi                        Proceeds from the Continuous Public Offering of Pyridam
    Berkelanjutan II Pyridam Farma Tahap I Tahun 2025                       Farma Phase I Continuous Bonds II Year 2025 as of
    per 31 Desember 2025.                                                   December 31, 2025.



Informasi dan Fakta Material terkait                                   Material Information and Facts on
Investasi, Ekspansi, Divestasi, Akuisisi,                              Investment, Expansion, Divestment,
dan Restrukturisasi Utang/Modal                                        Acquisition, and Debt/Capital
                                                                       Restructuring

Sepanjang tahun 2025, Perseroan tidak melakukan aksi                   Throughout 2025, the Company did not engage in any material
korporasi material berupa akuisisi, divestasi, maupun                  corporate actions in the form of acquisitions, divestments, or
restrukturisasi utang dan modal di tingkat Perseroan.                  debt and capital restructuring at the Company level. Activities
Aktivitas yang dilakukan lebih difokuskan pada penguatan               were primarily focused on strengthening operations and
operasional dan struktur pendanaan, termasuk belanja modal             the funding structure, including capital expenditures and




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serta pengelolaan liabilitas secara berkelanjutan. Di sisi lain,          the sustainable management of liabilities. On the other hand,
Perseroan tetap melakukan langkah ekspansi usaha melalui                  the Company continued to pursue business expansion through
pengembangan struktur grup, antara lain dengan pendirian                  the development of its group structure, among others by
Entitas Anak baru, PT Medika Inovasi Nusantara, yang bergerak             establishing a new Subsidiary, PT Medika Inovasi Nusantara,
di bidang layanan kesehatan digital.                                      which operates in the digital healthcare sector.



Informasi Material yang Mengandung                                        Material Information Containing
Benturan Kepentingan dan/atau                                             Conflicts of Interest and/or Transactions
Transaksi dengan Pihak Afiliasi                                           with Affiliated Parties

Transaksi yang mengandung benturan kepentingan terjadi ketika             Transactions involving conflicts of interest occur when there
terdapat perbedaan kepentingan antara Perseroan dan pihak-                is a divergence of interests between the Company and certain
pihak tertentu, seperti organ utama Perseroan atau pemegang               parties, such as the Company’s key management or majority
saham utama, yang berpotensi menimbulkan kerugian bagi                    shareholders, which could potentially result in losses for
Perseroan, termasuk melalui penetapan harga yang tidak                    the Company, including through the establishment of unfair
wajar. Sementara itu, transaksi dengan pihak afiliasi mencakup            pricing. Meanwhile, transactions with affiliated-party include
kegiatan antara Perseroan atau Entitas Anak dengan pihak-pihak            activities between the Company or its Subsidiaries and parties
yang memiliki hubungan kepemilikan atau pengendalian dengan               that have ownership or control relationships with the Company
Perseroan maupun dengan pemegang saham utama.                             or with its majority shareholders.


Sepanjang tahun 2025, Perseroan tidak melakukan transaksi                 The Company did not conduct any material transactions or
material dan transaksi yang mengandung benturan kepentingan.              transactions containing conflicts of interest throughout 2025.
Namun demikian, Perseroan melakukan sejumlah transaksi afiliasi           Nevertheless, However, the Company engaged in several
antara lain sebagai berikut:                                              affiliated transactions, among others, as follows:


                                     Uraian                                               Nilai Transaksi                     Tanggal
                                   Description                                           Transaction Value                     Date
 Transaksi Afiliasi
 Affiliate Transaction
                                                                                       sampai dengan AUD2.000.000 atau
                                                                                Rp20.870.660.000 (berdasarkan nilai kurs
 Pemberian fasilitas pinjaman oleh Perseroan kepada Probiotec Pty Ltd.               Bank Indonesia per 22 Oktober 2025)   22 Oktober 2025
 Provision of a loan facility by the Company to Probiotec Pty Ltd.              up to AUD2,000,000 or Rp20,870,660,000     October 22, 2025
                                                                                (based on the Bank Indonesia exchange
                                                                                            rate as of October 22, 2025)



Selain itu, Perseroan memiliki transaksi dengan pihak afiliasi            In addition, the Company has transactions with affiliated parties
yang merupakan kegiatan usaha yang dijalankan dalam rangka                which are business activities carried out in order to generate
menghasilkan pendapatan usaha dan dijalankan secara                       revenues and are carried out routinely, repeatedly, and/or
rutin, berulang, dan/atau berkelanjutan berupa kerja sama                 continuously in the form of toll manufacturing cooperation.
toll manufacturing.


Kewajaran Transaksi                                                       Fairness of Transactions
Perseroan memastikan bahwa transaksi yang dilakukan tidak                 The Company ensures that all transactions are conducted
memiliki tujuan atau motif tertentu yang dapat melanggar                  without any intent or motive that could violate applicable
ketentuan yang berlaku maupun menimbulkan benturan                        regulations or create a conflict of interest for the Company
kepentingan bagi Perseroan dan para pemegang saham, baik                  and its majority or minority shareholders. Based on
mayoritas maupun minoritas. Berdasarkan penilaian Perseroan,              the Company’s assessment, all such transactions are executed
seluruh transaksi tersebut dilaksanakan secara wajar sesuai               fairly in accordance with the principles of reasonableness and
dengan prinsip kewajaran dan kepentingan Perseroan                        the Company’s best interests (arm’s length principle), and are
(arm’s length principle), serta didasari oleh kebutuhan                   driven by operational needs to enhance business efficiency
operasional guna meningkatkan efektivitas dan kinerja usaha.              and performance.




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Pemenuhan Peraturan dan Ketentuan Terkait                              Compliance with Relevant Regulations
                                                                       and Provisions
Perseroan telah memenuhi peraturan dan ketentuan terkait:              The Company has complied with the relevant regulations and
                                                                       provisions:
1. Anggaran dasar Perseroan;                                           1. The articles of association;
2. POJK No. 17/POJK.04/2020 tentang Transaksi Material                 2. POJK No. 17/POJK.04/2020 regarding Material Transactions
   dan Perubahan Kegiatan Usaha; dan                                       and Business Activity Changes; and
3. POJK No. 42/POJK.04/2020 tentang Transaksi Afiliasi dan             3. POJK No. 42/POJK.04/2020 regarding Affiliate Transactions
   Transaksi Benturan Kepentingan.                                         and Conflicts of Interest.


Transaksi Material dan Transaksi Afiliasi yang                         Material Transactions and Affiliate Transactions
Membutuhkan Persetujuan dari Pemegang                                  Requiring Approval from Independent
Saham Independen                                                       Shareholders
Tidak terdapat transaksi material dan Transaksi afiliasi yang          There are no material transactions nor affiliate transactions
dilakukan Perseroan yang membutuhkan persetujuan dari                  conducted by the Company that require approval from
pemegang saham independen.                                             independent shareholders.



Informasi dan Fakta Material yang                                      Material Information and Facts Happened
Terjadi Setelah Tanggal Laporan Akuntan                                After the Date of the Accountant Report

Tidak terdapat informasi dan fakta material yang terjadi setelah       There were no material information and facts occurring
tanggal Laporan Keuangan tahun buku 2025.                              subsequent to the date of the 2025 Financial Statements.



Perubahan Perundang-Undangan                                           Changes in Laws that Have
yang Berpengaruh Signifikan                                            Significant Effect

Sepanjang tahun 2025, tidak terdapat perubahan peraturan               Throughout 2025, there were no changes in laws and
perundang-undangan yang berdampak material terhadap                    regulations that had a material impact on the Company’s
aktivitas operasional Perseroan.                                       operational activities.



Perubahan Kebijakan Akuntansi                                          Changes in Accounting Policies

Perseroan menerapkan untuk pertama kalinya beberapa                    The Company has applied for the first time certain new
standar dan amandemen tertentu yang efektif untuk periode              standards and amendments that are effective for annual
tahunan yang dimulai pada atau setelah 1 Januari 2025 (kecuali         periods beginning on or after January 1, 2025 (unless stated
dinyatakan lain). Perseroan dan Entitas Anak tidak melakukan           otherwise). The Company and its Subsidiaries have not early
penerapan dini atas standar, interpretasi, atau amandemen lain         adopted any other standards, interpretations, or amendments
yang telah diterbitkan namun belum efektif.                            that have been issued but are not yet effective.


Amandemen PSAK 221: Kekurangan Ketertukaran                            Amendment to PSAK 221: Lack of Exchangeability
Amandemen tersebut menetapkan bagaimana entitas harus                  The amendment specifies how an entity should assess whether
menilai apakah suatu mata uang dapat dipertukarkan serta               a currency is exchangeable and how it should determine a spot
bagaimana entitas harus menentukan kurs spot ketika                    exchange rate when exchangeability is lacking. The amendment
ketertukaran (exchangeability) tidak tersedia. Amandemen               also requires disclosure of information that enable users of
tersebut juga mensyaratkan pengungkapan informasi                      its Financial Statements to understand how the currency
yang memungkinkan pengguna Laporan Keuangan untuk                      not being exchangeable into the other currency affects, or is
memahami bagaimana ketidakmampuan mata uang tersebut                   expected to affect, the entity’s financial performance, financial
untuk dipertukarkan dengan mata uang lainnya memengaruhi,              position and cash flows.
atau diharapkan akan memengaruhi, kinerja keuangan, posisi
keuangan, dan arus kas entitas.


Amandemen ini tidak berdampak terhadap Laporan Keuangan                This amendment did not have any impact on the Company’s
konsolidasian Perseroan dan Entitas Anak.                              and its Subsidiaries’ Consolidated Financial Statements.



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         TATA KELOLA
PERUSAHAAN YANG BAIK
       Good Corporate Governance


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Komitmen Penerapan Tata Kelola Perusahaan yang Baik
Commitment to Good Corporate Governance Implementation




Perseroan senantiasa memperkuat komitmennya dalam                      The Company continue to reinforce its commitment to
menerapkan prinsip-prinsip tata kelola perusahaan yang baik            implement Good Corporate Governance (“GCG”) principles
(Good Corporate Governance/“GCG”) secara komprehensif                  comprehensively across all business activities, both at
di seluruh kegiatan usaha, baik pada tingkat Perseroan maupun          the Company and Subsidiary levels. The implementation
Entitas Anak. Penerapan GCG menjadi landasan utama dalam               of GCG serves as a fundamental foundation for increasing
meningkatkan kinerja dan efektivitas operasional, sekaligus            operational performance and effectiveness, while ensuring
memastikan terpenuhinya hak serta kepentingan seluruh                  the protection of the rights and interests of all stakeholders.
pemangku kepentingan. Melalui pelaksanaan prinsip GCG                  Through consistent and sustained implementation of GCG
yang konsisten dan berkesinambungan, Perseroan meyakini                principles, the Company believes it can achieve superior,
dapat mewujudkan kinerja bisnis yang unggul, berdaya saing,            competitive business performance in full compliance with
serta senantiasa sejalan dengan ketentuan dan peraturan                applicable laws and regulations.
perundang-undangan yang berlaku.


Dalam penerapannya, Perseroan berpegang pada prinsip                   In practice, the Company adheres to the principles of ethical
perilaku beretika, akuntabilitas, transparansi, dan keberlanjutan      conduct, accountability, transparency, and sustainability in
dalam setiap aktivitas usaha. Seluruh kegiatan bisnis dijalankan       every business activity. All business operations are conducted
secara etis, transparan, serta mengacu pada praktik terbaik            ethically and transparently, refers to national and international
(best practice) di tingkat nasional maupun internasional.              best practices. The Company also continues to strengthen
Perseroan juga terus memperkuat sistem pengendalian internal,          its internal control systems, improve information disclosure,
meningkatkan keterbukaan informasi, serta menumbuhkan                  and cultivate a culture of integrity through the enforcement
budaya integritas melalui penerapan kode etik dan kebijakan            of its Code of Conduct and anti-corruption policies across
anti-korupsi di seluruh tingkatan organisasi. Perseroan terus          all organizational levels. The Company strives to maintain
berupaya menjaga kepercayaan semua pemangku kepentingan                the trust of all stakeholders while creating sustainable benefits
sambil menciptakan manfaat berkelanjutan bagi masyarakat               for society and the environment.
dan lingkungan.




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 Tata Kelola Perusahaan yang Baik         Laporan Keberlanjutan
    Good Corporate Governance              Sustainability Report




Pedoman Penerapan Tata Kelola Perusahaan yang Baik
Good Corporate Governance Implementation Guidelines


Penerapan GCG di lingkungan Perseroan mengacu pada                 The implementation of GCG within the Company refers to
berbagai peraturan dan ketentuan yang berlaku, antara lain:        a number of applicable regulations and provisions, including
                                                                   but not limited to:
1. Undang-Undang No. 40 Tahun 2007 tentang Perseroan               1. Law No. 40 of 2007 concerning Limited Liability Companies,
   Terbatas sebagaimana diubah dengan Undang-Undang                    as amended by Law No. 6 of 2023 on the Stipulation
   No. 6 Tahun 2023 tentang Penetapan Peraturan Pemerintah             of government Regulation in Lieu of Law No. 2 of 2022
   Pengganti Undang-Undang No. 2 Tahun 2022 tentang Cipta              concerning Job Creation into Law (“Company Law”);
   Kerja menjadi Undang-Undang (“UU PT”);
2. Undang-Undang No. 8 Tahun 1995 tentang Pasar                    2. Law No. 8 of 1995 concerning Capital Markets, as amended
   Modal sebagaimana diubah dengan Undang-Undang                      by Law No. 4 of 2023 concerning the Development and
   No. 4 Tahun 2023 tentang Pengembangan dan Penguatan                Strengthening of the Financial Sector;
   Sektor Keuangan;
3. POJK No. 21/2015 tentang Penerapan Pedoman Tata                 3. POJK No. 21/2015 on the Implementation of Corporate
   Kelola Perusahaan Terbuka (“POJK No. 21/2015”);                    Governance Guidelines for Public (“POJK No. 21/2015”);
4. SEOJK No. 32/SEOJK.04/2015 tentang Pedoman Tata                 4. SEOJK No. 32/SEOJK.04/2015 on Corporate Governance
   Kelola Perusahaan Terbuka (“SEOJK No. 32/2015”);                   Guidelines for Public Companies (“SEOJK No. 32/2015”);
5. Peraturan Bursa Efek Indonesia;                                 5. Indonesia Stock Exchange Regulations;
6. Anggaran Dasar Perseroan; serta                                 6. The Company’s Articles of Association; and
7. Peraturan perundang-undangan lainnya.                           7. Other applicable laws and regulations.




Tujuan Penerapan Tata Kelola Perusahaan yang Baik
Purpose of Good Corporate Governance Implementation


Penerapan GCG bertujuan untuk memastikan pengelolaan               The purpose of GCG implementation is to ensure that
Perseroan berjalan secara profesional, transparan, dan             the Company is managed in a professional, transparent, and
bertanggung       jawab,   sehingga   mampu      menciptakan       accountable manner, thereby creating sustainable added
nilai tambah yang berkelanjutan bagi seluruh pemangku              value for all stakeholders. Through the GCG principles,
kepentingan. Melalui prinsip-prinsip GCG, Perseroan berupaya       the Company seeks to maintain a balance of interests between
menjaga keseimbangan kepentingan antara organ perusahaan           the Company’s organs and other stakeholders. Specifically,
dan para pemangku kepentingan lainnya. Secara khusus, tujuan       the objectives of GCG implementation for the Company are
penerapan GCG bagi Perseroan diuraikan sebagai berikut:            described as follows:
1. Memaksimalkan nilai-nilai Perseroan;                            1. Maximize the Company’s values;
2. Mendorong pengelolaan Perseroan, secara profesional,            2. Encourage the Company’s management professionally,
     transparan dan efisien, serta memberdayakan fungsi dan            transparently, and efficiently optimize function and improve
     meningkatkan kemandirian organ Perseroan;                         the independence of the Company organ;
3. Mendorong agar organ Perseroan, dalam mengambil                 3. Encourage each Company’s organ so that in making
     keputusan dan menjalankan tindakan dilandasi nilai moral          decisions and performing actions always based on high
     yang tinggi dan kepatuhan pada peraturan;                         moral values and regulatory compliance;
4. Meningkatkan kontribusi Perseroan dalam perekonomian            4. Increase the Company’s contribution to the National
     nasional;                                                         economy;




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5. Meningkatkan, mengendalikan, mengarahkan hubungan                               5. Improve, control, and direct the relationships between
   antara pemegang saham Perseroan, manajemen, kreditur,                              the Company’s shareholders, Management, creditors,
   pemerintah, dan pihak yang berkepentingan lainnya dengan                           governments, and other stakeholders;
   Perseroan;
6. Memberikan keputusan yang lebih baik dalam meningkatkan                         6. Make accountable decisions to improve the Company’s
   kinerja Perseroan;                                                                 performance;
7. Meningkatkan keyakinan dan kepercayaan dari pemegang                            7. Provide the confidence and trust of the Company’s
   saham Perseroan dan pemangku kepentingan terhadap                                  shareholders and other stakeholders; and
   Perseroan; serta
8. Melindungi pemegang saham, anggota Dewan Komisaris,                             8. Protect the shareholders, and Board of Commissioners,
   dan anggota Direksi Perseroan dari tuntutan hukum.                                 and Board of Directors members of the Company’s from
                                                                                      lawsuit.




Prinsip-Prinsip Tata Kelola Perusahaan yang Baik
Good Corporate Governance Principles



Penerapan GCG di Perseroan berlandaskan pada Pedoman                               The implementation of GCG within the Company is based
Umum Governansi Korporat Indonesia (“PUGKI”) 2021 sebagai                          on the 2021 Indonesian Corporate Governance General
standar acuan utama dalam memastikan praktik pengelolaan                           Guidelines (“PUGKI”) 2021 as the primary reference standard
perusahaan yang transparan, akuntabel, dan berintegritas.                          to ensure transparent, accountable, and integrity-driven
Perseroan meyakini bahwa penerapan prinsip-prinsip GCG bukan                       corporate management practices. The Company believes that
sekadar kewajiban regulasi, tetapi merupakan fondasi penting                       applying GCG principles is not merely a regulatory obligation
dalam memperkuat kepercayaan pemangku kepentingan,                                 but a fundamental foundation for strengthening stakeholder
meningkatkan kinerja perusahaan, serta menciptakan nilai                           trust, increasing the Company’s performance, and creating
jangka panjang yang berkelanjutan. Dengan berpedoman pada                          sustainable long-term value. By adhering to PUGKI 2021,
PUGKI 2021, Perseroan berkomitmen menghadirkan tata kelola                         the Company is committed to delivering corporate governance
perusahaan yang adaptif, modern, dan selaras dengan dinamika                       that is adaptive, modern, and aligned with the dynamics
lingkungan bisnis. Informasi mengenai penerapan prinsip GCG                        of the business environment. Information regarding
berdasarkan pedoman PUGKI 2021 diuraikan sebagai berikut:                          the implementation of GCG principles based on PUGKI 2021 is
                                                                                   described as follows:


                                Penjelasan                                                                   Penerapan
                                Explanation                                                                  Application

 Perilaku Beretika
 Ethical Behavior
 Dalam melaksanakan kegiatannya, korporasi senantiasa mengedepankan              Perseroan memastikan penerapan nilai-nilai perusahaan dan kode etik
 kejujuran, memperlakukan semua pihak dengan hormat (respect),                   disosialisasikan secara menyeluruh, menerapkan kebijakan anti-korupsi,
 memenuhi komitmen, membangun serta menjaga nilai-nilai moral dan                serta mengefektifkan penerapan sistem pelaporan pelanggaran.
 kepercayaan secara konsisten. Korporasi memperhatikan kepentingan
 pemegang saham dan pemangku kepentingan lainnya berdasarkan asas
 kewajaran dan kesetaraan (fairness) dan dikelola secara independen
 sehingga masing-masing organ perusahaan tidak saling mendominasi
 dan tidak dapat diintervensi oleh pihak lain.
 In carrying out its activities, the company consistently prioritizes honesty,   The Company ensures that the implementation of the Corporate Values
 treats all parties with respect, fulfills commitments, builds and maintains     and Code of Conducts is thoroughly disseminated, and it implements
 moral values and trust consistently. The company pays attention to              anti-corruption policies, and strengthens the effectiveness of
 the interests of shareholders and other stakeholders based on                   whistleblowing system.
 the fairness and equality principles, and it is managed independently so
 that each company organ does not dominate each other and cannot be
 intervened by other parties.




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Tata Kelola Perusahaan yang Baik                   Laporan Keberlanjutan
   Good Corporate Governance                        Sustainability Report




                               Penjelasan                                                                    Penerapan
                               Explanation                                                                   Application

Akuntabilitas
Accountability
Korporasi dapat mempertanggungjawabkan kinerjanya secara transparan            Menetapkan tanggung jawab yang jelas dari masing-masing departemen,
dan wajar. Untuk itu, korporasi harus dikelola secara benar, terukur, dan      sesuai visi, misi, sasaran usaha, dan strategi Perseroan; serta memiliki
sesuai dengan kepentingan korporat dengan tetap memperhitungkan                ukuran kinerja dari semua jajaran berdasarkan ukuran yang disepakati,
kepentingan pemegang saham dan pemangku kepentingan.                           konsisten dengan nilai-nilai perusahaan, sasaran usaha, dan strategi
Akuntabilitas merupakan prasyarat yang diperlukan untuk mencapai               Perseroan, serta memiliki sistem reward dan punishment.
kinerja yang berkelanjutan.
The Company can account for its performance transparently and fairly.          Establish clear responsibilities for each department, in accordance with
To achieve this, the Company must be managed correctly, measurably,            the Company’s vision, mission, business objectives, and strategies;
and in line with Company’s interests while still considering the interests     and have performance metrics for all levels based on agreed-upon
of the shareholders and stakeholders. Accountability is a prerequisite         standards, consistent with the Corporate Values, business objectives,
necessary to achieve sustainable performance.                                  and strategies, as well as having a reward and punishment system.
Transparansi
Transparency
Untuk menjaga objektivitas dalam menjalankan bisnis, korporasi                 Perseroan      senantiasa       mematuhi       ketentuan        peraturan
menyediakan informasi yang material dan relevan dengan cara yang               perundang-undangan yang berlaku dengan menyampaikan Laporan
mudah diakses dan dipahami oleh pemangku kepentingan. Korporasi                Keuangan Audit Tahunan serta Laporan Keuangan Interim secara tepat
mengambil inisiatif untuk mengungkapkan tidak hanya masalah yang               waktu. Selain itu, Perseroan juga menyampaikan Laporan Tahunan
disyaratkan oleh peraturan perundang-undangan, tetapi juga hal yang            kepada Bursa Efek Indonesia dan OJK, serta memastikan bahwa seluruh
penting untuk pengambilan keputusan oleh pemegang saham, kreditur,             laporan tersebut dapat diakses oleh publik melalui situs resmi Perseroan.
dan pemangku kepentingan lainnya.
                                                                               Sebagai bagian dari komitmen terhadap keterbukaan informasi dan
                                                                               transparansi kepada pemegang saham dan pemangku kepentingan
                                                                               lainnya, Perseroan secara rutin memberikan pembaruan mengenai
                                                                               susunan pemegang saham setiap bulan. Di samping itu, Perseroan
                                                                               juga menyampaikan berbagai informasi penting lainnya dalam bentuk
                                                                               keterbukaan informasi sesuai dengan ketentuan yang berlaku. Seluruh
                                                                               informasi tersebut tersedia dan dapat diakses secara mudah oleh publik
                                                                               melalui situs web resmi Perseroan.
To maintain objectivity in conducting business, the Company provides           The Company consistently complies with the applicable laws and
material and relevant information in a manner that is easily accessible        regulations by submitting the Annual Audited Financial Statements
and understood by stakeholders. The Company takes the initiative to            and Interim Financial Statements on time. In addition, the Company
disclose not only matters required by regulations but also those that are      also submits the Annual Report to the Indonesia Stock Exchange and
important for decision-making by the shareholders, creditors, and other        OJK, ensuring that all reports are accessible to the public through
stakeholders.                                                                  the Company’s official website.

                                                                               As part of its commitment to transparency and information disclosure to
                                                                               the Shareholders and other stakeholders, the Company regularly provides
                                                                               updates on the shareholder composition every month. Additionally,
                                                                               the Company also discloses other important information in the form of
                                                                               information transparency in accordance with the applicable regulations.
                                                                               All such information is available and can be easily accessed by the public
                                                                               via the Company’s official website.
Keberlanjutan
Sustainability
Korporasi mematuhi peraturan perundang-undangan serta berkomitmen              Menerapkan prinsip berkelanjutan dalam operasional Perseroan yang
melaksanakan tanggung jawab terhadap masyarakat dan lingkungan                 berfokus pada aspek sosial, ekonomi, dan lingkungan.
agar berkontribusi pada pembangunan berkelanjutan melalui kerja sama
dengan semua pemangku kepentingan untuk meningkatkan kehidupan
mereka dengan cara yang selaras dengan kepentingan bisnis dan agenda
pembangunan berkelanjutan.
The company complies with laws and regulations and is committed to             Implementing sustainable principles in the Company’s operation
fulfilling its responsibilities to society and the environment to contribute   activities that focus on social, economic, and environmental aspects.
to sustainable development through cooperation with all stakeholders
to improve their lives in a way that aligns with business interests and
the sustainable development agenda.




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Struktur Tata Kelola Perusahaan yang Baik                                                             [GRI 2-9] [GRI 2-14] [GRI 2-11]

Good Corporate Governance Structure


Struktur tata kelola Perseroan mengacu pada antara lain                The Company’s governance structure refers among others
Undang-Undang PT yang terdiri dari Rapat Umum Pemegang                 to Company Law comprising the General Meeting of
Saham (“RUPS”), Dewan Komisaris, dan Direksi. Ketiga                   Shareholders (“GMS”), the Board of Commissioners, and the
struktur tersebut merupakan organ utama GCG Perseroan,                 Board of Directors. These three organs constitute the main
di mana Dewan Komisaris dan Direksi dapat dibantu oleh                 organs of the Company’s GCG framework, where the Board of
organ pendukung lainnya yang bertujuan untuk memperkuat                Commissioners and the Board of Directors may be supported
pengelolaan dan pengendalian Perseroan sesuai dengan                   by other supporting organs aimed at strengthening the
peraturan dan ketentuan yang berlaku.                                  management and supervision of the Company in accordance
                                                                       with applicable laws and regulations.


RUPS merupakan pemegang kekuasaan tertinggi yang                       The GMS serves as the highest authority, determining
menetapkan arah serta kebijakan strategis Perseroan. Dewan             the Company’s strategic direction and policies. The Board of
Komisaris menjalankan fungsi pengawasan dan memberikan                 Commissioners performs supervisory functions and provides
arahan kepada Direksi dalam mengelola kegiatan operasional             guidance to the Board of Directors in managing day-to-day
sehari-hari. Sementara, Komite Audit mendukung Dewan                   operations. Meanwhile, the Audit Committee assists the Board of
Komisaris dalam memastikan integritas Laporan Keuangan dan             Commissioners in ensuring the integrity of Financial Statements
kepatuhan terhadap regulasi. Sekretaris Perusahaan memastikan          and regulatory compliance. The Corporate Secretary ensures
keterbukaan informasi serta hubungan yang efektif dengan               transparency of information and effective stakeholder relations,
para pemangku kepentingan, dan Unit Audit Internal berperan            while the Internal Audit Unit plays a crucial role in assessing
penting dalam menilai dan memperkuat sistem pengendalian               and strengthening the internal control system. Through a clear
internal. Melalui struktur GCG yang jelas dan efektif, Perseroan       and effective GCG structure, the Company is committed to
berkomitmen untuk menerapkan prinsip-prinsip transparansi,             implementing principles of transparency, accountability, and
akuntabilitas, dan keberlanjutan guna mendukung kinerja bisnis         sustainability to support business performance and maintain
serta menjaga kepercayaan pemegang saham.                              shareholder trust.



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




      Dewan Komisaris                                                                                Direksi
   Board of Commissioners                                                                       Board of Directors




         Komite Audit                                                        Sekretaris Perusahaan                   Unit Audit Internal
        Audit Committee                                                       Corporate Secretary                    Internal Audit Unit




Pemisahan Chairman of the Board dan                                    Separation of the Chairman of the Board
Chief Executive Officer [ESG G-03] [GRI 2-12] [GRI 2-13]               dan Chief Executive Officer [ESG G-03] [GRI 2-12]
                                                                       [GRI 2-13]


Perseroan menerapkan pemisahan peran antara Dewan                      The Company implements a clear separation of roles
Komisaris dan Direksi sebagai bagian dari komitmen untuk               between the Board of Commissioners and the Board of
menjaga efektivitas tata kelola perusahaan. Pemisahan                  Directors as part of its commitment to maintaining effective
ini memastikan adanya batasan yang jelas antara fungsi                 corporate governance. This separation ensures a distinct




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pengawasan dan fungsi manajemen. Dewan Komisaris                                    boundary between supervisory functions and management
bertanggung jawab mengarahkan kebijakan strategis,                                  responsibilities. The Board of Commissioners is responsible
mengawasi manajemen risiko, serta memastikan efektivitas                            for directing strategic policies, supervising risk management,
pengambilan keputusan di tingkat dewan. Sementara itu,                              and ensuring the effectiveness of decision-making at the board
Direksi bertugas melaksanakan strategi yang telah ditetapkan                        level. Meanwhile, the Board of Directors has the duty to execute
dan mengelola operasional Perseroan secara sehari-hari.                             predetermined strategies and managing the Company’s day-to-
                                                                                    day operations.


Struktur kepemimpinan yang terpisah ini mendorong terciptanya                       This distinct leadership structure fosters a robust system of
sistem checks and balances yang kuat, mengurangi potensi                            checks and balances, reduces potential conflicts of interest,
konflik kepentingan, serta memungkinkan Dewan Komisaris                             and enables the Board of Commissioners to independently
menjalankan fungsi pengawasan secara independen terhadap                            supervise the Board of Directors performance. In addition to
kinerja Direksi. Selain meningkatkan akuntabilitas dan kualitas                     enhancing accountability and the quality of decision-making,
pengambilan keputusan, penerapan pemisahan peran ini juga                           the implementation of this role separation strengthens investor
memperkuat kepercayaan investor dengan menunjukkan                                  confidence by demonstrating the Company’s commitment
komitmen Perseroan terhadap praktik tata kelola yang                                to transparent, professional, and stakeholder-oriented
transparan, profesional, dan berorientasi pada pemangku                             governance practices.
kepentingan.



Penerapan Pedoman Tata Kelola Perusahaan Terbuka
Implementation of Governance Guidelines for Public Companies


Penerapan GCG Perseroan telah disesuaikan dengan Pedoman                            The Company’s implementation of GCG has been aligned
Tata Kelola Perusahaan Terbuka yang disusun berdasarkan                             with the Corporate Governance Guidelines for Public
SEOJK No. 32/2015. Pedoman tersebut memuat aspek, prinsip,                          Companies, prepared in accordance with SEOJK No. 32/2015.
dan rekomendasi yang menjadi panduan bagi Perseroan dalam                           These guidelines encompass aspects, principles, and
menerapkan tata kelola dengan baik sebagaimana diuraikan                            recommendations that serve as a reference for the Company
berikut:                                                                            in applying sound governance practices, as described below:



                      Aspek/Prinsip/Rekomendasi                          Pemenuhan                                Keterangan
 No.
                  Aspects/Principles/Recommendations                     Fulfillment                               Remarks

   I.        Hubungan Perusahaan Terbuka dengan Pemegang Saham dalam Menjamin Hak-Hak Pemegang Saham
             Relationship Between Public Company and the Shareholders in Protecting the Shareholders Right

        1.   Meningkatkan Nilai Penyelenggaraan Rapat Umum Pemegang Saham (“RUPS”)
             Improving the Value of General Meeting of Shareholders (“GMS”)
             a.   Perusahaan terbuka memiliki cara atau prosedur             Terpenuhi    Perseroan telah memiliki mekanisme dan prosedur
                  teknis pengumpulan suara (voting), baik secara                          pengambilan keputusan melalui pengumpulan suara (voting),
                  terbuka maupun tertutup yang mengedepankan                              dengan mengedepankan independensi dan kepentingan
                  independensi, dan kepentingan pemegang saham.                           pemegang saham Perseroan sebagaimana dituangkan dalam
                                                                                          tata tertib RUPS.
                  A public company has technical methods                     Fulfilled    The Company has a voting-based decision-making mechanism
                  or procedures for open or close voting that                             and procedure, by prioritizing the independence and interest of
                  encourages the independence and interests of                            the shareholders as disclosed in GMS procedures.
                  the shareholders.
             b.   Seluruh anggota Direksi dan anggota Dewan                  Terpenuhi    Seluruh anggota Dewan Komisaris dan Direksi telah menghadiri
                  Komisaris perusahaan terbuka hadir dalam RUPS                           RUPS Tahunan 18 Juni 2025, baik secara langsung ataupun
                  Tahunan.                                                                virtual.
                  All members of the Board of Commissioners and              Fulfilled    All members of the Board of Commissioners and the Board of
                  Board of Directors are present in the Annual GMS.                       Directors attended the Annual General Meeting of Shareholders
                                                                                          held on June 18, 2025, either in person or virtually.




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      Performance Highlights                 Management Reports                 Company Profile                    Management Discussions and Analysis




                       Aspek/Prinsip/Rekomendasi                        Pemenuhan                                Keterangan
 No.
                   Aspects/Principles/Recommendations                   Fulfillment                               Remarks

            c.     Ringkasan risalah RUPS tersedia dalam situs web       Terpenuhi       Ringkasan risalah RUPS Perseroan tersedia dalam situs web
                   perusahaan terbuka paling sedikit selama 1 (satu)                     Perseroan, dalam Bahasa Indonesia dan Bahasa Inggris,
                   tahun.                                                                setidaknya untuk RUPS selama 3 (tiga) tahun terakhir.
                                                                                         Informasi ini bisa diakses di https://www.pyfa.co.id/id/
                                                                                         investor/informasi-terkait-rapatumum-pemegang-saham.
                   Summary of GMS minutes is available on                 Fulfilled      Summary of GMS minutes is available on the Company’s
                   the public company’s official website for at least                    website, in Indonesian and English, at least for GMS for
                   1 (one) year.                                                         the last 3 (three) years This information can be accessed at
                                                                                         https://www.pyfa.co.id/id/investor/informasi-terkait-rapat-
                                                                                         umum-pemegang-saham.
       2.   Meningkatkan Kualitas Komunikasi Perusahaan Terbuka dengan Pemegang Saham atau Investor
            Increasing the Quality of Public Company Communication with the Shareholder or Investor
            a.     Perusahaan terbuka memiliki suatu kebijakan           Terpenuhi       Kebijakan komunikasi dengan pemegang saham atau
                   komunikasi dengan pemegang saham atau                                 investor telah dimuat dalam Kebijakan Standar Perilaku
                   investor.                                                             (Code of Conduct) Perseroan yang dapat diakses pada situs
                                                                                         web Perseroan dan dilaksanakan oleh Sekretaris Perusahaan.
                   Public company has a communication policy with         Fulfilled      The communication policy with shareholders or investors had
                   its shareholders or investors.                                        been affixed in the Code of Conduct which can be accessed
                                                                                         on the Company’s website and implemented by the Corporate
                                                                                         Secretary.
            b.     Perusahaan terbuka mengungkapkan kebijakan            Terpenuhi       Informasi mengenai kebijakan komunikasi Perseroan
                   komunikasi   perusahaan     terbuka    dengan                         dapat diakses di https://www.pyfa.co.id/ dan Perseroan
                   pemegang saham atau investor dalam situs web.                         telah memfasilitasi komunikasi dengan pemegang saham
                                                                                         Perseroan atau investor yang dapat dilakukan melalui email
                                                                                         corsec@pyfa.co.id atau melalui laman “Contact Us” pada situs
                                                                                         web Perseroan.
                   The public company discloses its communication         Fulfilled      Information regarding the Company’s communication policy
                   policy with its shareholders or investors on the                      can be accessed at https://www.pyfa.co.id/ and the Company
                   website.                                                              has facilitated communication for the shareholders or investors
                                                                                         via email corsec@pyfa.co.id or through the “Contact Us” page
                                                                                         on the Company’s website.
II.         Fungsi dan Peran Dewan Komisaris
            Board of Commissioners Function and Role

       1.   Memperkuat Keanggotaan dan Komposisi Dewan Komisaris
            Strengthening the Membership and Composition of the Board of Commissioners
            a.     Penentuan jumlah anggota Dewan Komisaris              Terpenuhi       Penentuan jumlah anggota Dewan Komisaris Perseroan
                   mempertimbangkan kondisi perusahaan terbuka.                          telah mempertimbangkan kondisi dan kapasitas Perseroan,
                                                                                         serta ketentuan Peraturan Otoritas Jasa Keuangan
                                                                                         No. 33/POJK.04/2014 tentang Direksi dan Dewan Komisaris
                                                                                         Emiten atau Perusahaan Publik (“POJK No. 33/2014”),
                                                                                         peraturan terkait lainnya termasuk peraturan Bursa Efek
                                                                                         Indonesia, anggaran dasar, dan Board Manual Perseroan.
                   Determination for the number of Board of               Fulfilled      The determination of the number of the Board of Commissioners
                   Commissioners members is by observing                                 members has considered the Company’s condition and
                   the condition of the public company.                                  capacity, as well as provision in the POJK No.33/POJK.04/2014
                                                                                         on Board of Directors and Board of Commissioners Issuer or
                                                                                         Public Company (“POJK 33/2014”), other related regulations
                                                                                         including the Indonesia Stock Exchange Regulation, the articles
                                                                                         of association, and Board Manual.
            b.     Penentuan komposisi anggota Dewan Komisaris           Terpenuhi       Perseroan memiliki anggota Dewan Komisaris dengan berbagai
                   memperhatikan       keberagaman       keahlian,                       pengalaman dan keahlian sebagaimana tercantum dalam profil
                   pengetahuan, dan pengalaman yang dibutuhkan.                          Dewan Komisaris pada Laporan Tahunan Perseroan ini.

                   Determining the composition of Board of                Fulfilled      The Board of Commissioners members have various
                   Commissioners members is by observing                                 experiences and expertise, as presented in the Profile of
                   the diversity of expertise, knowledge, and                            the Board of Commissioners in the Annual Report.
                   experience needed.




 150             Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
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Tata Kelola Perusahaan yang Baik                    Laporan Keberlanjutan
   Good Corporate Governance                         Sustainability Report




                     Aspek/Prinsip/Rekomendasi                           Pemenuhan                                Keterangan
 No.
                 Aspects/Principles/Recommendations                      Fulfillment                               Remarks

       2.   Meningkatkan Kualitas Pelaksanaan Tugas dan Tanggung Jawab Dewan Komisaris
            Increasing the Implementation Quality of the Board of Commissioners’ Duties and Responsibilities
            a.   Dewan Komisaris mempunyai kebijakan penilaian               Terpenuhi   Pelaksanaan penilaian kinerja Dewan Komisaris secara kolegial
                 sendiri (self-assessment) untuk menilai kinerja                         dilakukan secara self-assessment oleh masing-masing anggota
                 Dewan Komisaris.                                                        Dewan Komisaris setiap tahun dengan mempertimbangkan
                                                                                         indikator dalam kerangka Balanced Scorecard. Dewan
                                                                                         Komisaris mengukur dan memonitor pencapaian kinerja
                                                                                         berdasarkan pada 4 (empat) kriteria utama, yakni dari perspektif
                                                                                         keuangan, konsumen (customer), proses bisnis internal, serta
                                                                                         pembelajaran dan pertumbuhan.
                 The      Board    of     Commissioners     has              Fulfilled   The implementation of Board of Commissioners’ performance
                 a self-assessment policy to assess the Board of                         assessment is conducted through self-assessment by each
                 Commissioners’ performance.                                             Board of Commissioners member annually by taking into
                                                                                         account the indicator contained in the Balanced Scorecard.
                                                                                         The Board of Commissioners measures and monitors
                                                                                         the performance achievement based on 4 (four) main criteria,
                                                                                         which are financial perspective, customer, internal business
                                                                                         processes, learning, and growth.
            b.   Kebijakan penilaian sendiri (self-assessment) untuk         Terpenuhi   Kebijakan penilaian sendiri (self-assessment) untuk menilai
                 menilai kinerja Dewan Komisaris, diungkapkan                            kinerja Dewan Komisaris telah diungkapkan melalui Laporan
                 melalui Laporan Tahunan perusahaan terbuka.                             Tahunan bagian Tata Kelola Perusahaan sub bab Dewan
                                                                                         Komisaris.
                 Self-assessment      policies    to    assess               Fulfilled   Self-assessment policy to evaluate the performance of
                 the performance of the Board of Commissioners                           the Board of Commissioners has been disclosed in the Annual
                 are disclosed through the Annual Report of the                          Report section Governance, sub-section of the Board of
                 public company.                                                         Commissioners.
            c.   Dewan Komisaris mempunyai kebijakan terkait                 Terpenuhi   Kebijakan terkait pengunduran diri Dewan Komisaris apabila
                 pengunduran diri anggota Dewan Komisaris                                terlibat dalam kejahatan keuangan (financial fraud), baik secara
                 apabila terlibat dalam kejahatan keuangan.                              perorangan maupun secara kelompok, telah diatur dalam
                                                                                         Kebijakan Standar Perilaku (Code of Conduct) Perseroan yang
                                                                                         dapat diakses pada situs web Perseroan.
                 The Board of Commissioners has a policy related             Fulfilled   The policies related to the resignation of the Board of
                 to the resignation of the Board of Commissioners                        Commissioners if they are involved in financial fraud, both
                 members who are involved in financial fraud.                            individually or as a group, has been regulated in Code of
                                                                                         Conduct that can be accessed in the Company’s website.
            d.   Dewan Komisaris atau Komite yang menjalankan                Terpenuhi   Fungsi komite tersebut telah dijalankan oleh Dewan Komisaris
                 Fungsi Nominasi dan Remunerasi menyusun                                 sesuai dengan kebijakan yang berlaku. Informasi terkait
                 kebijakan suksesi dalam proses nominasi anggota                         pelaksanaan fungsi ini diuraikan secara rinci dalam bab Tata
                 Direksi.                                                                Kelola Perusahaan, sub bab Fungsi Nominasi dan Remunerasi,
                                                                                         pada Laporan Tahunan ini.
                 The Board of Commissioners or the Committee                 Fulfilled   The functions of the committee have been carried out by
                 that carries out the Nomination and Remuneration                        the Board of Commissioners in accordance with the applicable
                 function prepares a succession policy in                                policies. Information regarding the implementation of these
                 the process of nominating members of the Board                          functions is detailed in the Corporate Governance chapter,
                 of Directors.                                                           subchapter of the Nomination and Remuneration Function,
                                                                                         in this Annual Report.
III.        Fungsi dan Peran Direksi
            Board of Directors Function and Role

       1.   Memperkuat Keanggotaan dan Komposisi Direksi
            Strengthening the Membership and Composition of the Board of Directors
            a.   Penentuan         jumlah     anggota      Direksi           Terpenuhi   Penentuan jumlah anggota Direksi Perseroan telah
                 mempertimbangkan kondisi perusahaan terbuka,                            mempertimbangkan kondisi dan kapasitas Perseroan, serta
                 serta efektivitas dalam pengambilan keputusan.                          ketentuan POJK No. 33/2014, peraturan terkait lainnya
                                                                                         termasuk peraturan Bursa Efek Indonesia, anggaran dasar, serta
                                                                                         Board Manual Perseroan.
                 Determination for the number of Board of                    Fulfilled   Determination of the Board of Directors members number
                 Directors members is by observing the condition                         has considered the Company’s condition and capacity, and
                 of the public company, as well as the effectiveness                     provisions in POJK No. 33/2014 and other related regulations
                 in decision making.                                                     including the Indonesia Stock Exchange Regulation, the articles
                                                                                         of association, and Board Manual.
            b.   Penentuan     komposisi    anggota      Direksi             Terpenuhi   Perseroan memiliki anggota Direksi dengan beragam
                 memperhatikan,      keberagaman       keahlian,                         pengalaman dan keahlian sebagaimana tercantum dalam profil
                 pengetahuan, dan pengalaman yang dibutuhkan.                            Direksi pada Laporan Tahunan ini.




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                       Aspek/Prinsip/Rekomendasi                         Pemenuhan                                  Keterangan
No.
                   Aspects/Principles/Recommendations                    Fulfillment                                 Remarks

                   Determining the composition of Board of Directors       Fulfilled      The Company has Board of Directors members with diversity
                   members is by observing the diversity of expertise,                    in experience and expertise as disclosed in the Profile of the
                   knowledge, and experience needed.                                      Board of Directors in this Annual Report.
            c.     Anggota Direksi yang membawahi bidang                  Terpenuhi       Direktur Keuangan Perseroan memiliki keahlian dan/atau
                   akuntansi atau keuangan memiliki keahlian                              pengetahuan di bidang akuntansi, yang pada awalnya dijabat
                   dan/ atau pengetahuan di bidang akuntansi.                             oleh Bapak Yenfrino Gunadi dan selanjutnya diemban oleh Ibu
                                                                                          Sinta Lestari Ningsih berdasarkan keputusan RUPS Tahunan
                                                                                          2025.
                   Members of the Board of Directors in charge             Fulfilled      The Finance Director possesses expertise and/or knowledge in
                   of accounting or finance have expertise and/or                         the field of accounting, a position initially held by Mr. Yenfrino
                   knowledge in the accounting field.                                     Gunadi and subsequently assumed by Ms. Sinta Lestari
                                                                                          Ningsih pursuant to the resolution of the 2025 Annual General
                                                                                          Meeting of Shareholders.
       2.   Meningkatkan Kualitas Pelaksanaan Tugas dan Tanggung Jawab Direksi
            Increasing the Implementation Quality of the Board of Directors Duties and Responsibilities
            a.     Direksi mempunyai kebijakan penilaian sendiri          Terpenuhi       Kebijakan penilaian sendiri (self-assessment) Direksi merupakan
                   (self-assessment) untuk menilai kinerja Direksi.                       suatu pedoman yang digunakan untuk penilaian kinerja
                                                                                          Direksi secara kolegial. Penilaian kinerja Direksi dilaksanakan
                                                                                          secara mandiri (self-assessment) dengan mempertimbangkan
                                                                                          indikator dalam kerangka Balanced Scorecard. Direksi mengukur
                                                                                          dan memonitor pencapaian kinerja berdasarkan pada 4 (empat)
                                                                                          kriteria utama, yakni dari perspektif keuangan, konsumen
                                                                                          (customer), proses bisnis internal, serta pembelajaran dan
                                                                                          pertumbuhan.
                   The Board of Directors has a self-assessment            Fulfilled      The Board of Directors self-assessment policy is a guideline
                   policy to assess the Board of Directors                                to evaluate the Board of Directors’ performance collegially.
                   performance.                                                           The Board of Directors self-assessment is conducted based
                                                                                          on the Balanced Scorecard framework. The Board of Directors
                                                                                          measures and monitors the performance achievement based
                                                                                          on 4 (four) main criteria, which are financial perspective,
                                                                                          customer, internal business processes, learning and growth.
            b.     Kebijakan penilaian sendiri (self-assessment)          Terpenuhi       Perseroan telah mengungkapkan kebijakan penilaian sendiri
                   untuk menilai kinerja Direksi diungkapkan melalui                      (self-assessment) untuk menilai kinerja Direksi Perseroan dalam
                   Laporan Tahunan perusahaan terbuka.                                    Laporan Tahunan ini.

                   Self-assessment    policies  is   to    assess          Fulfilled      The Company has disclosed a self-assessment policy to
                   the performance of Board of Directors are                              evaluate the Board of Directors’ performance in this Annual
                   disclosed through the Annual Report of a public                        Report.
                   company.
            c.     Direksi mempunyai kebijakan terkait pengunduran        Terpenuhi       Kebijakan terkait pengunduran diri Direksi apabila terlibat dalam
                   diri anggota Direksi apabila terlibat dalam                            kejahatan keuangan (financial fraud), baik secara perorangan
                   kejahatan keuangan.                                                    maupun secara kelompok, telah diatur dalam Kebijakan standar
                                                                                          Perilaku (Code of Conduct) Perseroan yang dapat diakses pada
                                                                                          situs web Perseroan.
                   The Board of Directors have policies related to the     Fulfilled      The policies related to the resignation of the Board of Directors
                   resignation of the Board of Directors members                          if they are involved in financial fraud, both individually or as
                   who are involved in financial fraud.                                   a group, has been regulated in Code of Conduct of the Company
                                                                                          that can be accessed in the Company’s website.
IV.         Partisipasi Pemangku Kepentingan
            Stakeholders Participation

       1.   Meningkatkan Aspek Tata Kelola Perusahaan melalui Partisipasi Pemangku Kepentingan
            Improving Corporate Governance Aspects through Stakeholder Participation
            a.     Perusahaan terbuka memiliki kebijakan untuk            Terpenuhi       Perseroan telah memiliki kebijakan pencegahan insider
                   mencegah terjadinya insider trading.                                   trading yang diungkapkan dalam Kebijakan Standar Perilaku
                                                                                          (Code of Conduct).
                   Public company has the policy to prevent insider        Fulfilled      The Company already has an insider trading prevention policy
                   trading.                                                               as disclosed in the Code of Conduct.
            b.     Perusahaan       terbuka      memiliki   kebijakan     Terpenuhi       Perseroan telah memiliki kebijakan anti-korupsi dan
                   anti- korupsi dan anti-fraud.                                          anti-fraud yang diungkapkan dalam Kebijakan Standar Perilaku
                                                                                          (Code of Conduct).
                   Public company has anti-corruption and anti-            Fulfilled      The Company already has an anti-corruption and anti-fraud
                   fraud policies.                                                        policies as disclosed in the Code of Conduct.




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Tata Kelola Perusahaan yang Baik                   Laporan Keberlanjutan
   Good Corporate Governance                        Sustainability Report




                   Aspek/Prinsip/Rekomendasi                            Pemenuhan                               Keterangan
No.
               Aspects/Principles/Recommendations                       Fulfillment                              Remarks

          c.   Perusahaan terbuka memiliki kebijakan tentang                Terpenuhi   Kebijakan tentang seleksi dan peningkatan kemampuan
               seleksi dan peningkatan kemampuan pemasok                                pemasok ini tercantum dalam Kebijakan Standar Perilaku
               atau vendor.                                                             (Code of Conduct) Perseroan yang dapat diakses pada situs
                                                                                        web Perseroan. Perseroan juga telah memiliki kebijakan
                                                                                        tentang seleksi dan peningkatan kemampuan pemasok atau
                                                                                        vendor sejak tahun 2018 dan secara aktif diperbarui untuk
                                                                                        menyesuaikan dengan persyaratan ISO 9001:2015 (Sertifikat
                                                                                        ISO 9001:2015, diterbitkan oleh SGS United Kingdom Ltd
                                                                                        dengan masa berlaku sejak 9 September 2023 sampai
                                                                                        9 September 2026).
               Public company has the policy on the selection and           Fulfilled   The policy regarding supplier selection and capacity building
               improvement of suppliers or vendors ability.                             is listed in the Code of Conduct which can be accessed on
                                                                                        the Company’s website. The Company has also had a policy
                                                                                        regarding the selection and capacity building of suppliers or
                                                                                        vendors since 2018 and has been actively renewed to comply
                                                                                        with the requirements of ISO 9001:2015 (ISO 9001:2015
                                                                                        Certificate, issued by SGS United Kingdom Ltd. with a validity
                                                                                        period from September 9, 2023 to September 9, 2026).
          d.   Perusahaan terbuka memiliki kebijakan tentang                Terpenuhi   Perseroan telah memiliki kebijakan hubungan dengan
               pemenuhan hak-hak kreditur.                                              kreditur yang diungkapkan dalam Kebijakan Standar Perilaku
                                                                                        (Code of Conduct) Perseroan yang dapat diakses pada situs
                                                                                        web Perseroan.
               Public company has the policy on fulfilling creditor         Fulfilled   The Company already has a policy related to relationships with
               rights.                                                                  creditors as disclosed in the Code of Conducts that can be
                                                                                        accessed on the Company’s website.
          e.   Perusahaan terbuka memiliki kebijakan sistem                 Terpenuhi   Mekanisme whistleblowing telah diatur dalam Kebijakan standar
               whistleblowing.                                                          Perilaku (Code of Conduct) Perseroan yang dapat diakses pada
                                                                                        situs web Perseroan.
               Public company has the whistleblowing system                 Fulfilled   Whistleblowing mechanism has been regulated in the Code of
               policy.                                                                  Conducts that can be accessed on the Company’s website.
          f.   Perusahaan terbuka memiliki kebijakan pemberian               Belum      Kebijakan pemberian insentif jangka panjang bagi Direksi dan
               insentif jangka panjang kepada Direksi dan                   Terpenuhi   karyawan masih dalam tahap pertimbangan Dewan Komisaris
               karyawan.                                                                dan Direksi.
               Public company has the policy on providing                   Not Yet     The policy for providing long-term incentives for the Board
               long-term incentives to the Board of Directors and           Fulfilled   of Directors and employees is still under consideration by
               employees.                                                               the Board of Commissioners and the Board of Directors.
V.        Keterbukaan Informasi
          Information Disclosures

     1.   Meningkatkan Pelaksanaan Keterbukaan Informasi
          Improving the Implementation of Information Disclosure
          a.   Perusahaan terbuka memanfaatkan penggunaan                   Terpenuhi   Perseroan     memanfaatkan    teknologi     informasi lain
               teknologi informasi secara lebih luas selain situs                       selain situs web Perseroan (www.pyfa.co.id) dalam
               web sebagai media keterbukaan informasi.                                 meningkatkan      penyebaran    informasi,     antara lain
                                                                                        melalui media sosial, yakni akun Instagram Perseroan
                                                                                        https://www.instagram.com/pyfahealthofficial.
               Public company utilizes a wider range of                     Fulfilled   The Company utilizes other information technology besides
               information technology aside from the website as                         its Company’s website (www.pyfa.co.id) to enhance
               a medium to disclose the information.                                    the dissemination of information, including through
                                                                                        social media, such as the Company’s Instagram account,
                                                                                        https://www.instagram.com/pyfahealthofficial.
          b.   Laporan     Tahunan      perusahaan    terbuka               Terpenuhi   Perseroan telah mengungkapkan informasi pemegang saham
               mengungkapkan pemilik manfaat akhir dalam                                yang memiliki 5% (lima persen) atau lebih saham Perseroan,
               kepemilikan saham perusahaan terbuka paling                              pemegang saham utama, pemegang saham pengendali, serta
               sedikit 5% (lima persen), selain pengungkapan                            pemilik manfaat akhir dalam kepemilikan saham Perseroan di
               pemilik manfaat akhir dalam kepemilikan saham                            dalam Laporan Tahunan ini.
               perusahaan terbuka melalui pemegang saham
               utama dan Pengendali.
               The Annual Report of a public company discloses              Fulfilled   The Company has disclosed information on the shareholders
               the ultimate beneficial share owners of a public                         who own 5% (five percent), or more shares of the Company,
               company who have at least 5% (five percent), in                          major shareholders, controlling shareholders and ultimate
               addition to disclosing the ultimate beneficial share                     beneficial owners of the Company’s shares in this Annual
               owners of a public company through the main and                          Report.
               controlling shareholders.




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Rapat Umum Pemegang Saham
General Meeting of Shareholders


Rapat Umum Pemegang Saham (“RUPS”) merupakan                           The General Meeting of Shareholders (“GMS”) is the Company’s
organ      tata    kelola    Perseroan     yang      memiliki          governance organ that holds rights and responsibilities not
hak dan wewenang yang tidak diberikan kepada Dewan                     granted to the Board of Commissioners or the Board of Directors,
Komisaris maupun Direksi, sesuai dengan ketentuan                      in accordance with the applicable laws and regulations and the
perundang-undangan yang berlaku dan anggaran dasar.                    Articles of Association. The GMS is consists of 2 (two) types:
Dalam pelaksanaannya, RUPS terbagi 2 (dua) jenis, yaitu                the Annual GMS and the Extraordinary GMS. The Annual
RUPS Tahunan dan RUPS Luar Biasa. RUPS Tahunan wajib                   GMS is required to be held no later than 6 (six) months after
dilaksanakan paling lambat 6 (enam) bulan setelah tahun buku           the end of the financial year. Meanwhile, the Extraordinary GMS
berakhir. Sementara itu, RUPS Luar Biasa bersifat insidental,          is held on an ad hoc basis, as deemed necessary to address
yakni dapat diadakan sewaktu-waktu sesuai dengan kepentingan           the interests of the shareholders, the Board of Commissioners,
pemegang saham, Dewan Komisaris, ataupun Direksi.                      or the Board of Directors.



Kebijakan Perlakuan Adil terhadap                                      Policy on Fair Treatment of
Pemegang Saham [ESG G-08]                                              the Shareholders [ESG G-08]

Perseroan menerapkan kebijakan yang memastikan perlakuan               The Company implements a policy ensuring fair treatment
adil bagi seluruh pemegang saham tanpa terkecuali. Salah               for all shareholders without exception. A key aspect of this
satu aspek utama dalam kebijakan ini adalah larangan                   policy is the prohibition for the Board of Directors, the Board
bagi Direksi, Dewan Komisaris, dan karyawan untuk                      of Commissioners, and employees from using material
memanfaatkan informasi material yang belum tersedia                    information that has not been publicly disclosed for securities
untuk publik dalam melakukan transaksi efek. Kebijakan ini             transactions. This policy is designed to prevent insider trading
dirancang untuk mencegah praktik perdagangan orang dalam               and the misuse of confidential information that could result in
(insider trading) serta penyalahgunaan informasi rahasia yang          personal gain for certain parties.
dapat memberikan keuntungan pribadi bagi pihak tertentu.


Penerapan kebijakan tersebut merupakan wujud komitmen                  The enforcement of this policy demonstrates the Company’s
Perseroan dalam menjaga integritas pasar dan melindungi                commitment to maintaining market integrity and protecting
hak-hak pemegang saham. Dengan melarang penyalahgunaan                 the shareholders’ rights. By prohibiting the misuse of internal
informasi internal, Perseroan memastikan bahwa setiap                  information, the Company ensures that all shareholders have
pemegang saham memiliki akses yang setara terhadap                     equal access to relevant and material information. This policy
informasi yang relevan dan material. Kebijakan ini juga                also improves transparency, mitigates risks of corruption or
memperkuat transparansi, mengurangi risiko korupsi atau                unethical conduct, and strengthens stakeholders’ trust in
tindakan tidak etis, serta meningkatkan kepercayaan para               the Company’s governance and integrity. Through this fair
pemangku kepentingan terhadap tata kelola dan integritas               treatment policy, the Company affirms its commitment to creating
Perseroan. Melalui kebijakan perlakuan adil ini, Perseroan             a healthy, competitive, and reliable investment environment in
menegaskan komitmennya untuk menciptakan lingkungan                    line with GCG principles.
investasi yang sehat, kompetitif, dan terpercaya sesuai dengan
prinsip-prinsip GCG.



Pelaksanaan RUPS Tahunan 2025                                          Implementation of 2025 Annual GMS

RUPS Tahunan untuk tahun buku 2024 telah dilaksanakan                  The Annual GMS for the 2024 financial year was held on
pada tanggal 18 Juni 2025 yang berlokasi di Sinar Mas Land             June 18, 2025 at Sinar Mas Land Plaza Sudirman, 12th Floor,
Plaza Sudirman, Lt. 12, Jl. Jenderal Sudirman No. Kav. 21,             Jl. Jenderal Sudirman No. Kav. 21, Kuningan, South Jakarta,




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    Good Corporate Governance                   Sustainability Report




Kuningan, Jakarta Selatan, Indonesia. Informasi terkait tahapan             Indonesia. Information regarding the stages of the Company’s
pelaksanaan RUPS Tahunan Perseroan diuraikan sebagai berikut:               Annual GMS implementation is presented as follows:

RUPS Tahunan 18 Juni 2025
Annual GMS on June 18, 2025

     Pengumuman                         Pemanggilan                                Pelaksanaan                      Ringkasan Keputusan
     Announcement                        Invitation                               Implementation                    Resolution Summary

       9 Mei 2025                        27 Mei 2025                                18 Juni 2025                         20 Juni 2025
       May 9, 2025                       May 27, 2025                               June 18, 2025                        June 20, 2025



Kehadiran RUPS Tahunan
The Attendance of the Annual GMS

                                    RUPS dihadiri oleh pemegang saham yang mewakili 7.018.391.981 saham atau 62,46% dari seluruh saham
 Pemegang Saham                     dengan hak suara yang sah yang telah dikeluarkan oleh Perseroan.
 Shareholders                       The GMS was attended by shareholders representing 7,018,391,981 shares or 62.46% of the total shares with
                                    valid voting rights issued by the Company.

 Dewan Komisaris                    Seluruh anggota Dewan Komisaris telah menghadiri RUPS Tahunan, baik secara fisik maupun virtual.
 Board of Commissioners             All members of the Board of Commissioners attended the Annual GMS, both physically and virtually.

 Direksi                            Seluruh anggota Direksi telah menghadiri RUPS Tahunan, baik secara fisik maupun virtual.
 Board of Directors                 All members of the Board of Commissioners attended the Annual GMS, both physically and virtually.

                                    Kantor Akuntan Publik               : Purwanto, Sungkoro & Surja, firma anggota Ernst and Young
                                    Biro Administrasi Efek              : PT Sinartama Gunita
 Pihak Independen                   Notaris                             : Buntario Tigris, S.H., S.E., M.H.
 Independent Party                  Public Accounting Firm              : Purwanto, Sungkoro & Surja, member firm of Ernst and Young
                                    Securities Administration Bureau    : PT Sinartama Gunita
                                    Notary                              : Buntario Tigris, S.H., S.E., M.H.



Agenda RUPS                                                                 GMS Agenda
1. Persetujuan Laporan Tahunan dan Laporan Keberlanjutan,                   1. Approval of the Annual Report and Sustainability
   serta pengesahan Laporan Keuangan Perseroan untuk tahun                     Report, as well as ratification of the Financial
   buku yang berakhir pada tanggal 31 Desember 2024, serta                     Statements for the financial year ended on
   pemberian pelunasan dan pembebasan tanggung jawab                           December 31, 2024, and full release and discharge of
   sepenuhnya (volledig acquit et de charge) kepada para                       responsibility (volledig acquit et de charge) to members of
   anggota Direksi dan anggota Dewan Komisaris atas tindakan                   the Board of Directors and Board of Commissioners
   pengurusan dan pengawasan yang telah dijalankan selama                      for the management and supervision performed during
   tahun buku yang berakhir pada 31 Desember 2024.                             the financial year ended on December 31, 2024.
2. Penetapan penggunaan laba bersih/rugi bersih untuk tahun                 2. Determination of the appropriation of net profit/net loss for
   buku yang berakhir pada tanggal 31 Desember 2024.                           the financial year ended on December 31, 2024.
3. Penetapan remunerasi bagi anggota Dewan Komisaris dan                    3. Determination of remuneration for members of the Board
   Direksi Perseroan untuk tahun buku 2025.                                    of Commissioners and Board of Directors for the 2025
                                                                               financial year.
4. Penetapan Kantor Akuntan Publik untuk mengaudit                          4. Appointment of a Public Accounting Firm to audit
   Laporan Keuangan Konsolidasian Perseroan untuk                              the Consolidated Financial Statements for the financial
   tahun buku yang berakhir 31 Desember 2025.                                  year ended on December 31, 2025.
5. Pelaporan Realisasi Penggunaan Dana Hasil Penawaran                      5. Report on the Realization of the Use of Proceeds from the
   Umum Berkelanjutan Obligasi Berkelanjutan I Pyridam                         Continuing Public Offering of Pyridam Farma Continuous
   Farma Tahap II Tahun 2023 dan Penawaran Umum                                Bonds I Phase II Year 2023 and Continuing Public Offering
   Berkelanjutan Obligasi Berkelanjutan I Pyridam Farma                        of Pyridam Farma Continuous Bonds I Phase III Year 2024.
   Tahap III Tahun 2024.
6. Persetujuan perubahan susunan pengurus Perseroan.                        6. Approval of Changes in the Composition of the Company’s
                                                                               Management.




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RUPS Tahunan 18 Juni 2025
Annual GMS on June 18, 2025

                                       Keputusan                                                     Persetujuan RUPS                   Realisasi
                                       Resolution                                                     GMS Approval                     Realization

Agenda I
First Agenda
1. Menyetujui Laporan Tahunan dan Laporan Keberlanjutan dan mengesahkan Laporan                Disetujui oleh 7.017.426.481 saham          Telah
   Keuangan Perseroan untuk tahun buku yang berakhir pada tanggal 31 Desember 2024;            (99,98% dari yang hadir).              direalisasikan.
   serta
2. Atas telah disetujuinya Laporan Tahunan Perseroan termasuk Laporan Keberlanjutan
   dan Laporan Tugas Dewan Komisaris untuk tahun buku yang berakhir pada tanggal
   31 Desember 2024 serta disahkannya Laporan Keuangan Konsolidasian Perseroan
   untuk tahun buku yang berakhir pada tanggal 31 Desember 2024 yang telah diaudit
   Kantor Akuntan Publik Purwanto, Sungkoro & Surja, firma anggota Ernst and Young,
   dalam semua hal yang material, maka Rapat memberikan pelunasan dan pembebasan
   tanggung jawab sepenuhnya (volledig acquit et de charge) kepada segenap anggota
   Direksi dan Dewan Komisaris atas tindakan pengurusan dan pengawasan yang
   telah dijalankan selama tahun buku yang berakhir pada tanggal 31 Desember 2024,
   sejauh tindakan tersebut bukan merupakan tindak pidana dan tindakan tersebut
   tercermin dalam Laporan Tahunan, Laporan Keberlanjutan, serta Laporan Keuangan
   Konsolidasian Perseroan untuk tahun buku yang berakhir pada tanggal 31 Desember
   2024.
1. Approved the Annual Report and Sustainability Report and ratified the Financial             Approved by 7,017,426,481 shares        Fully realized.
   Statements for the financial year ended on December 31, 2024; and                           (99.98% of those present).
2. Upon the approval of the Annual Report, including the Sustainability Report and the
   Board of Commissioners’ Report for the financial year ended on December 31, 2024,
   and the ratification of the Consolidated Financial Statements for the fiscal year ended
   on December 31, 2024, which have been audited by Purwanto, Sungkoro & Surja,
   member firm of Ernst and Young, Public Accounting Firm, with an unqualified opinion
   in all material respects, the Meeting grants full discharge and release of liability
   (volledig acquit et de charge) to all members of the Board of Directors and the Board
   of Commissioners for the management and supervisory actions undertaken during
   the financial year ended on December 31, 2024, provided that such actions were not
   criminal in nature and are reflected in the Annual Report, Sustainability Report, and
   the Consolidated Financial Statements for the financial year ended on
   December 31, 2024.
Agenda II
Second Agenda
Menyetujui untuk pencatatan rugi bersih sebesar Rp330.246.365.580,- (tiga ratus tiga           Disetujui oleh 7.018.168.181 saham          Telah
puluh miliar dua ratus empat puluh enam juta tiga ratus enam puluh lima ribu lima ratus        (99,99% dari yang hadir).              direalisasikan.
delapan puluh Rupiah), untuk tahun buku 2024 dan tidak melakukan penyisihan laba
sebagai cadangan dan pembagian dividen untuk tahun buku 2024 tersebut.
Approved the recording of a net loss of Rp330,246,365,580 (three hundred thirty billion two    Approved by 7,018,168,181 shares        Fully realized.
hundred forty-six million three hundred sixty-five thousand five hundred eighty Rupiahs)       (99.99% of those present).
for the 2024 financial year and decided not to allocate any profit as reserves or distribute
dividends for the said financial year.
Agenda III
Third Agenda
Memberikan wewenang dan kuasa kepada Dewan Komisaris Perseroan untuk                           Disetujui oleh 7.017.202.681 saham          Telah
menetapkan besarnya gaji atau honorarium dan tunjangan lainnya untuk anggota Dewan             (99,98% dari yang hadir).              direalisasikan.
Komisaris dan Direksi Perseroan untuk tahun buku yang akan berakhir pada tanggal
31 Desember 2025, berdasarkan Keputusan Rapat Dewan Komisaris Perseroan dengan
total gaji, honorarium, tantiem, dan tunjangan lainnya untuk Dewan Komisaris dan
Direksi dengan tetap memperhatikan kondisi keuangan dan kinerja Perseroan.
Granted the authority and power to the Board of Commissioners to determine the amount          Approved by 7,017,202,681 shares        Fully realized.
of salary or honorarium and other allowances for members of the Board of Commissioners         (99.98% of those present).
and Board of Directors for the financial year ended on December 31, 2025, based on
the Decision of the Board of Commissioners Meeting with the total salary, honorarium,
bonuses, and other allowances for the Board of Directors and Board of Commissioners
while still taking into account the Company’s financial condition and performance.




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Tata Kelola Perusahaan yang Baik                  Laporan Keberlanjutan
   Good Corporate Governance                       Sustainability Report




                                       Keputusan                                                     Persetujuan RUPS                Realisasi
                                       Resolution                                                     GMS Approval                  Realization

Agenda IV
Fourth Agenda

Memberikan kuasa kepada Dewan Komisaris untuk menetapkan Kantor Akuntan Publik                 Disetujui oleh 7.018.177.881 saham        Telah
yang akan mengaudit Laporan Keuangan Perseroan yang akan berakhir pada tanggal                 (99,99% dari yang hadir).            direalisasikan.
31 Desember 2025 dengan mempertimbangkan usulan Dewan Komisaris Perseroan dan
memperhatikan rekomendasi Komite Audit Perseroan dan memberi wewenang kepada
Direksi Perseroan untuk menetapkan jumlah honorarium akuntan publik tersebut dan
persyaratan lainnya, mengingat Perseroan masih memerlukan waktu untuk memonitor
dan menilai kinerja serta mempertimbangkan calon akuntan publik yang akan ditunjuk
berdasarkan masukan dari Dewan Komisaris Perseroan dan Komite Audit Perseroan, serta
mempertimbangkan objektif lainnya yang dirasa perlu dalam mengambil keputusan.

Granted the authority to the Board of Commissioners to appoint the Public Accounting           Approved by shares 7,018,177,881     Fully realized.
Firm that will audit the Financial Statements for the financial year ended on                  (99.99% of those present).
December 31, 2025, considering the proposal from the Board of Commissioners and
taking into account the recommendations from the Company’s Audit Committee.
The authority is also given to the Board of Directors to determine the public accountant’s
fee and other terms, as the Company still requires time to monitor and assess
performance, as well as consider the potential public accountants to be appointed
based on input from the Board of Commissioners and the Audit Committee, while also
considering other objectives deemed necessary in making the decision.
Agenda V
Fifth Agenda
Menyetujui Laporan Pelaksanaan Realisasi Penggunaan Dana Hasil Penawaran Umum                  Disetujui oleh 7.018.164.981 saham        Telah
Berkelanjutan Obligasi Berkelanjutan I Pyridam Farma Tahap II Tahun 2023, per tanggal          (99,99% dari yang hadir).            direalisasikan.
31 Desember 2024 sebesar Rp395.686.126.200 (tiga ratus sembilan puluh lima miliar
enam ratus delapan puluh enam juta seratus dua puluh enam ribu dua ratus Rupiah)
sebagaimana yang dimaksud dalam Laporan Realisasi Penggunaan Dana Hasil
Penawaran Umum Berkelanjutan Obligasi Berkelanjutan I Pyridam Farma Tahap II
Tahun 2023, dengan No. Surat: 005/PYFA-CS/I/2025 tanggal 14 Januari 2025, laporan
penggunaan sebagian dana hasil Penawaran Umum Berkelanjutan Obligasi Berkelanjutan
I Pyridam Farma Tahap III Tahun 2024 sebesar Rp105.299.258.721 (seratus lima miliar
dua ratus sembilan puluh sembilan juta dua ratus lima puluh delapan ribu tujuh ratus dua
puluh satu Rupiah) sebagaimana yang dimaksud dalam Laporan Realisasi Penggunaan
Dana Hasil Penawaran Umum Berkelanjutan Obligasi Berkelanjutan I Pyridam Farma
Tahap III Tahun 2024, dengan No. 007/PYFA-CS/1/2025 tanggal 14 Januari 2025,
dan laporan penggunaan seluruh dana hasil Penawaran Umum Terbatas kepada para
pemegang saham Penerbitan Penambahan Modal dengan Memberikan Hak Memesan
Efek Terlebih Dahulu I (“PMHETD I”) sebesar Rp1.065.099.254.694 (satu triliun enam
puluh lima miliar sembilan puluh sembilan juta dua ratus lima puluh empat ribu enam
ratus sembilan puluh empat Rupiah) dan dana hasil konversi Waran Seri I menjadi saham
sebesar Rp1.504.800 (satu juta lima ratus empat ribu delapan ratus Rupiah) sebagaimana
yang dimaksud dalam Laporan Realisasi Penggunaan Dana Hasil Penawaran
Umum Terbatas kepada Para Pemegang Saham Penerbitan Waran Seri 1 dengan
No. 006/PYFA-CS/1/2025 per tanggal 14 Januari 2025 dan Laporan Realisasi
Penggunaan Dana Hasil Penawaran Umum Terbatas kepada Para Pemegang Saham
Penambahan Modal Dengan Memberikan Hak Memesan Terlebih Dahulu I dan Penerbitan
Waran Seri I dengan No. 084/PYFA-CS/VII/2024 per tanggal 15 Juli 2024.
To approve the Report on the Realization of the Use of Proceeds from the Continuing            Approved by 7,018,164,981 shares     Fully realized.
Public Offering of Pyridam Farma Continuing Bonds I Phase II Year 2023 as of December          (99.99% of those present).
31, 2024, amounting to Rp395,686,126,200 (three hundred ninety-five billion six
hundred eighty-six million one hundred twenty-six thousand two hundred Rupiah), as
set forth in the Report on the Realization of the Use of Proceeds from the Continuing
Public Offering of Pyridam Farma Continuing Bonds I Phase II Year 2023, Letter
No. 005/PYFA-CS/I/2025 dated January 14, 2025; the report on the use of a portion of
the proceeds from the Continuing Public Offering of Pyridam Farma Continuing Bonds
I Phase III Year 2024 amounting to Rp105,299,258,721 (one hundred five billion two
hundred ninety-nine million two hundred fifty-eight thousand seven hundred twenty-one
Rupiah), as set forth in the Report on the Realization of the Use of Proceeds from the
Continuing Public Offering of Pyridam Farma Continuing Bonds I Phase III Year 2024,
Letter No. 007/PYFA-CS/I/2025 dated January 14, 2025; and the report on the use of
all proceeds from the Limited Public Offering to the Company’s shareholders through
the Issuance of Additional Shares with Pre-Emptive Rights I (“PMHETD I”) amounting
to Rp1,065,099,254,694 (one trillion sixty-five billion ninety-nine million two hundred
fifty-four thousand six hundred ninety-four Rupiah), as well as proceeds from the conversion
of Series I Warrants into shares amounting to Rp1,504,800 (one million five hundred
four thousand eight hundred Rupiah), as set forth in the Report on the Realization of
the Use of Proceeds from the Limited Public Offering to Shareholders through
the Issuance of Series I Warrants, Letter No. 006/PYFA-CS/I/2025 dated January 14, 2025,
and the Report on the Realization of the Use of Proceeds from the Limited Public Offering
to Shareholders through the Issuance of Additional Shares with Pre-Emptive Rights I and
Series I Warrants, Letter No. 084/PYFA-CS/VII/2024 dated July 15, 2024.




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                                          Keputusan                                                       Persetujuan RUPS                   Realisasi
                                          Resolution                                                       GMS Approval                     Realization

 Agenda VI
 Sixth Agenda
 1. Menyetujui untuk memberhentikan dengan hormat seluruh anggota Direksi dan                       Disetujui oleh 7.018.168.181 saham          Telah
    Dewan Komisaris Perseroan yang lama, dan selanjutnya mengangkat anggota Direksi                 (99,99% dari yang hadir).              direalisasikan.
    dan Dewan Komisaris yang baru dengan susunan sebagai berikut:

   Dewan Komisaris
   Komisaris Utama                    : Robby Yulianto
   Komisaris		                        : Widjanarko Brotosaputro
   Komisaris Independen               : Charles D. Marpaung
   Komisaris Independen               : Maura Linda Sitanggang
   Direksi
   Direktur Utama		                   : Lee Yan Gwan
   Direktur			                        : Yenfrino Gunadi
   Direktur			                        : Bedjo Stefanus
   Direktur			                        : Antes Eko Prasetio
   Direktur			                        : Sinta Lestari Ningsih

   Pemberhentian dan pengangkatan mulai berlaku terhitung sejak ditutupnya Rapat
   ini sampai dengan berakhirnya masa jabatan yang bersangkutan pada saat RUPS
   Tahunan yang diselenggarakan pada tahun 2030 (dua ribu tiga puluh), satu dan lain
   tanpa mengurangi hak RUPS untuk memberhentikannya sewaktu-waktu.

 2. Memberikan kuasa dengan hak substitusi kepada Direksi Perseroan, baik
    bersama-sama maupun sendiri-sendiri, untuk melakukan segala tindakan sehubungan
    dengan keputusan tersebut di atas termasuk tetapi tidak terbatas untuk membuat,
    menandatangani, dan menyerahkan segala dokumen, serta untuk menyatakannya
    dalam suatu akta tersendiri di hadapan notaris dan selanjutnya memberitahukan
    perubahan susunan pengurus Perseroan kepada instansi berwenang berdasarkan
    peraturan perundang-undangan yang berlaku.
 1. To approve the honorable discharge of all members of the Company’s previous Board of            Approved by 7,018,168,181 shares        Fully realized.
    Directors and Board of Commissioners, and to subsequently appoint the new members               (99.99% of those present).
    of the Board of Commissioners and Board of Directors with the following composition:

   Board of Commissioners
   President Commissioner             : Robby Yulianto
   Commissioner		                     : Widjanarko Brotosaputro
   Independent Commissioner           : Charles D. Marpaung
   Independent Commissioner           : Maura Linda Sitanggang
   Board of Directors
   President Director		               : Lee Yan Gwan
   Director			                        : Yenfrino Gunadi
   Director			                        : Bedjo Stefanus
   Director			                        : Antes Eko Prasetio
   Director			                        : Sinta Lestari Ningsih

   The discharge and appointment shall be effective as of the closing of this
   Meeting until the expiration of the respective terms of office at the Annual GMS
   to be held in 2030 (two thousand thirty), without prejudice to the right of
   the GMS to dismiss them at any time.

 2. To grant power of attorney, with the right of substitution, to the Board of Directors,
    either jointly or individually, to take all actions in connection with the above resolutions,
    including but not limited to preparing, executing, and submitting all required documents,
    to set forth such resolutions in a separate notarial deed, and to subsequently notify
    the relevant authorities of the changes in the composition of the Company’s
    management in accordance with the applicable laws and regulations.



Selain melaksanakan RUPS Tahunan, Perseroan juga                                    In addition to the Annual General Meeting of Shareholders,
melaksanakan Rapat Umum Pemegang Obligasi (RUPO)                                    the Company also held the General Meeting of Bondholders
untuk Penawaran Umum Berkelanjutan Obligasi Berkelanjutan                           (RUPO) for the Continuing Public Offering of Pyridam Farma
I Pyridam Farma Tahap III Tahun 2024 pada 21 November 2025                          Continuing Bonds I Phase III Year 2024 on November 21, 2025,




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di Sinar Mas Land Plaza Sudirman, Lt. 12, Jl. Jenderal Sudirman               at Sinar Mas Land Plaza Sudirman, 12th Floor, Jl. Jenderal
No. Kav. 21, Kuningan, Jakarta Selatan, Indonesia. RUPO                       Sudirman No. Kav. 21, Kuningan, South Jakarta, Indonesia.
tersebut dihadiri oleh 397.000.000.000 (tiga ratus sembilan                   The RUPO was attended by 397,000,000,000 (three hundred
puluh tujuh miliar) suara atau senilai Rp 397.000.000.000 (tiga               ninety-seven billion) votes, or equivalent to Rp 397,000,000,000
ratus sembilan puluh tujuh miliar Rupiah) yang mewakili 99,25%                (three hundred ninety-seven billion Rupiah), representing
pemegang obligasi (kuorum). Adapun hasil keputusan RUPO,                      99.25% of the bondholders (quorum). The resolutions of the
diuraikan sebagai berikut.                                                    RUPO are set out as follows.


                                                    Keputusan                                                                Realisasi
                                                    Resolution                                                              Realization

 Hasil Rapat
 Meeting Result
 1. Menyetujui perubahan penggunaan dana Obligasi Berkelanjutan I Pyridam Farma Tahap III Tahun 2024, sehingga           Telah direalisasikan.
    menjadi sebagai berikut.
    a. Sekitar 92,84% (sembilan puluh dua koma delapan empat persen) untuk biaya modal kerja dan biaya operasional
       Perseroan termasuk namun tidak terbatas pada biaya untuk pembelian kepada supplier, biaya pemasaran, biaya
       pengembangan produk, dan biaya operasional lain yang diperlukan yang akan dipergunakan oleh Perseroan dan
       Entitas Anak.
    b. Sisanya untuk pengeluaran belanja modal Perseroan termasuk namun tidak terbatas pada pembelian
       perlengkapan teknologi informasi, mesin-mesin serta peralatan produksi, dan pembangunan dan/atau renovasi
       fasilitas dan saran penunjang pabrik untuk menunjang operasional pabrik.
 2. Menyetujui perubahan Pasal 2.1 Perjanjian Perwaliamanatan terkait dengan Penggunaan Dana Hasil Penawaran
    Umum Obligasi serta pasal-pasal lainnya yang berkaitan dengan perubahan Pasal 2.1 Perjanjian Perwaliamanatan
    (apabila ada).
 3. Menyetujui perubahan informasi mengenai Obligasi Tahap III pada bagian resital dan Pasal 1 angka 26 Perjanjian
    Perwaliamanatan.
 4. Menyetujui perubahan Pasal 5.3 Perjanjian Perwaliamanatan terkait dengan jangka waktu Obligasi Berkelanjutan I
    Pyridam Farma Tahap III Tahun 2024 menjadi 27 Februari 2029.
 5. Menyetujui hal-hal lainnya yang berkaitan dengan keputusan Huruf A sampai dengan D di atas.
 1. Approving the change in the use of proceeds from Continuing Bonds I Pyridam Farma Tahap III Year 2024, to             Has been realized.
    become as follows.
    a. Approximately 92.84% (ninety-two point eight four percent) for the Company’s working capital and operational
       expenses, including but not limited to expenses for purchases from suppliers, marketing expenses, product
       development costs, and other operational expenses required, which will be utilized by the Company and its
       Subsidiaries.
    b. The remaining amount will be used for the Company’s capital expenditures, including but not limited to
       the purchase of information technology equipment, machinery and production equipment, as well as the
       construction and/or renovation of facilities and supporting infrastructure for the factory to support factory
       operations.
 2. Approved the amendment to Article 2.1 of the Trusteeship Agreement related to the Use of Proceeds from the
    Public Offering of Bonds, as well as other articles related to the amendment of Article 2.1 of the Trusteeship
    Agreement (if any).
 3. Approved the amendment to the information regarding Bonds Phase III in the recital section and Article 1 point 26
    of the Trusteeship Agreement.
 4. Approved the amendment to Article 5.3 of the Trusteeship Agreement related to the term of Pyridam Farma
    Continuing Bonds Phase I Phase III Year 2024 to February 27, 2029.
 5. Approved other matters related to the resolutions under Points A through D above.




Pelaksanaan RUPS Tahunan 2024                                                 Implementation of 2024 Annual GMS

Perseroan telah menyelenggarakan 2 (dua) kali RUPS                            The Company held 2 (two) Extraordinary GMS on January 4,
Luar Biasa pada tanggal 4 Januari 2024 dan 22 Mei 2024,                       2024 and May 22, 2024, as well as the Annual GMS on June
serta RUPS Tahunan pada tanggal 25 Juni 2024. RUPS                            25, 2024. The GMS was held at Sinarmas MSIG Tower
tersebut dilaksanakan di Sinarmas MSIG Tower (yang sejak                      (renamed Sinarmas Land Plaza Sudirman in 2025), 12th Floor, Jl.
tahun 2025 berubah menjadi Sinarmas Land Plaza Sudirman)                      Jenderal Sudirman No. Kav. 21, Kuningan, Jakarta.
Lt. 12, Jl. Jenderal Sudirman No. Kav. 21, Kuningan, Jakarta.




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Keputusan RUPS Luar Biasa 4 Januari 2024
Resolutions of Extraordinary GMS on January 4, 2024

                                                      Keputusan                                                                    Realisasi
                                                      Resolution                                                                  Realization

Agenda I
First Agenda
1. Menyetujui pengeluaran saham baru Perseroan dengan memberikan Hak Memesan Efek Terlebih Dahulu I Tahun                     Telah direalisasikan.
   2024 (“PMHMETD I”) berdasarkan POJK No. 32/2015 tentang Penambahan Modal Perusahaan Terbuka dengan
   Memberikan Hak Memesan Efek Terlebih Dahulu sebagaimana telah diubah oleh POJK No. 14/2019, dalam jumlah
   sebanyak-banyaknya 16.000.000.000 (enam belas miliar) lembar saham baru, dengan nilai nominal Rp100,- per
   lembar saham; serta
2. Menyetujui memberikan kuasa kepada Direksi Perseroan untuk melakukan segala tindakan yang diperlukan sehubungan
   dengan PMHMETD I dengan memenuhi syarat-syarat yang ditentukan dalam peraturan perundang-undangan yang
   berlaku termasuk peraturan pasar modal, termasuk namun tidak terbatas pada:
   a. Menentukan segala syarat dan ketentuan dalam rangka pelaksanaan PMHMETD I termasuk namun tidak terbatas
      pada kepastian jumlah saham yang dikeluarkan dalam rangka PMHMETD I, dan harga pelaksanaan dalam rangka
      PMHMETD I;
   b. Menandatangani dokumen-dokumen yang diperlukan termasuk akta-akta notaris dan dokumen pernyataan
      pendaftaran kepada OJK;
   c. Menentukan tanggal Daftar Pemegang Saham (“DPS”) yang berhak atas PMHMETD I;
   d. Menentukan jadwal PMHMETD I;
   e. Menentukan rasio-rasio pemegang saham yang berhak atas PMHMETD I;
   f. Memastikan mengenai penggunaan dana hasil PMHMETD I; serta
   g. Menentukan pembeli siaga, serta menentukan syarat dan ketentuan dan juga menandatangani segala akta dan/atau
      perjanjian dan/atau dokumen antara Perseroan dengan pembeli siaga.
1. Approval of the issuance of new shares through Pre-emptive Rights I Year 2024 (“PMHMETD I”) in accordance with                Fully realized.
   OJK Regulation No. 32/2015 on Capital Increases in Public Companies with Pre-emptive Rights as amended by OJK
   Regulation No. 14/2019, in a maximum amount of 16,000,000,000 (sixteen billion) new shares, with a nominal value of
   Rp100 per share; and
2. Approved to grant authority to the Board of Directors to take all necessary actions related to PMHMETD I, in compliance
   with the applicable laws and regulations, including capital market regulations, including but not limited to:
   a. Determine all terms and conditions for the implementation of PMHMETD I, including but not limited to confirming
      the number of shares to be issued under PMHMETD I, and the execution price for PMHMETD I;
   b. Sign all necessary documents, including notarial deeds and the registration statement to be submitted to the OJK;
   c. Determine the Shareholders Register date for entitled to PMHMETD I;
   d. Set the schedule for PMHMETD I;
   e. Determine the ratios for shareholders entitled to PMHMETD I;
   f. Ensure the utilization of the funds raised from PMHMETD I; and
   g. Determine standby buyers, set the terms and conditions, and sign any deeds and/ or agreements and/or documents
      between the Company and the standby buyers.
Agenda II
Second Agenda
1. Menyetujui perubahan Pasal 4 ayat 1 anggaran dasar Perseroan dengan meningkatkan modal dasar Perseroan                     Telah direalisasikan.
   menjadi sebesar Rp3.800.000.000.000,- (tiga triliun delapan ratus miliar Rupiah) yang terbagi atas 38.000.000.000
   (tiga puluh delapan miliar) lembar saham baru, masing-masing saham dengan nilai nominal sebesar Rp100,-;
2. Sehubungan dengan perubahan Pasal 4 ayat (1) anggaran dasar Perseroan tersebut, menyetujui memberi kuasa
   kepada Direksi Perseroan (dengan hak substitusi) untuk menyatakannya dalam akta tersendiri di hadapan notaris,
   dan selanjutnya menyampaikan permohonan persetujuan atas perubahan anggaran dasar Perseroan kepada Menteri
   Hukum dan Hak Asasi Manusia Republik Indonesia, untuk membuat perubahan dan atau tambahan dalam bentuk
   yang bagaimana pun juga yang diperlukan untuk maksud tersebut di atas, mengajukan dan menandatangani semua
   permohonan dan dokumen lainnya, dan untuk melaksanakan tindakan lain yang mungkin diperlukan;
3. Menyetujui perubahan Pasal 4 ayat (2) anggaran dasar Perseroan sehubungan dengan peningkatan modal ditempatkan
   dan disetor Perseroan sehubungan dengan pelaksanaan PMHMETD I; serta
4. Sehubungan dengan perubahan Pasal 4 ayat (2) anggaran dasar Perseroan tersebut, menyetujui memberi kuasa
   kepada Direksi Perseroan (dengan hak substitusi) untuk menyatakan peningkatan modal ditempatkan dan disetor
   yaitu perubahan Pasal 4 ayat (2) anggaran dasar Perseroan setelah PMHMETD I selesai dilaksanakan dan selanjutnya
   menyampaikan pemberitahuan atas perubahan anggaran dasar Perseroan kepada Menteri Hukum dan Hak Asasi
   Manusia Republik Indonesia, untuk membuat perubahan dan/atau tambahan dalam bentuk yang bagaimanapun juga
   yang diperlukan untuk maksud tersebut di atas, mengajukan dan menandatangani semua permohonan dan dokumen
   lainnya, dan untuk melaksanakan tindakan lain yang mungkin diperlukan.
1. Approval of the amendment to Article 4 paragraph 1 of the Articles of Association by increasing the Company’s                 Fully realized.
   authorized capital to Rp3,800,000,000,000 (three trillion eight hundred billion Rupiah), divided into 38,000,000,000
   (thirty-eight billion) new shares, each with a nominal value of Rp100;
2. In connection with the amendment of Article 4 paragraph (1) of the Articles of Association, gave the authorization to
   the Board of Directors (with substitution rights) to declare this in a separate deed before a notary, and subsequently
   submit a request for approval of the amendment of the Articles of Association to the Minister of Law and Human
   Rights of the Republic of Indonesia, to make any necessary changes and/or additions in any form required for
   the aforementioned purpose, file and sign all requests and other documents, and carry out other actions that
   may be necessary;




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                                                       Keputusan                                                                  Realisasi
                                                       Resolution                                                                Realization

3. Approved the amendment of Article 4 paragraph (2) of the Articles of Association in connection with the increase in
   the issued and paid-up capital of the Company as part of the implementation of PMHMETD I; and
4. In connection with the amendment of Article 4 paragraph (2) of the Articles of Association, authorized the Board of
   Directors (with substitution rights) to declare the increase in issued and paid-up capital, which is the amendment to
   Article 4 paragraph (2) of the Articles of Association after the completion of PMHMETD I, and subsequently submit a
   notification regarding the amendment of the Articles of Association to the Minister of Law and Human Rights of the
   Republic of Indonesia, to make any necessary changes and/or additions in any form required for the aforementioned
   purpose, file and sign all requests and other documents, and carry out other actions that may be necessary.




Keputusan RUPS Luar Biasa 22 Mei 2024
Resolutions of Extraordinary GMS on May 22, 2024

                                                       Keputusan                                                                  Realisasi
                                                       Resolution                                                                Realization

Agenda I
First Agenda

1. Menyetujui rencana pengambilalihan Probiotec Pty Ltd oleh Perseroan yang dilakukan melalui Pyfa Australia Pty Ltd          Telah direalisasikan.
   (“PAPL”) yang mengakibatkan perubahan pengendalian dalam Probiotec Pty Ltd yang dilakukan dengan cara
   pengambilalihan seluruh saham yang dimiliki oleh para pemegang saham Probiotec Pty Ltd yang termasuk sebagai
   transaksi material berdasarkan Pasal 6 ayat (1) huruf d angka 1 (satu) POJK No. 17/2020 tentang Transaksi Material
   dan Perubahan Kegiatan Usaha; serta
2. Menyetujui memberikan kuasa kepada Direksi Perseroan untuk melakukan segala tindakan yang diperlukan sehubungan
   dengan pengambilalihan dengan memenuhi syarat-syarat yang ditentukan dalam peraturan perundang-undangan
   yang berlaku termasuk peraturan pasar modal, termasuk namun tidak terbatas untuk membuat, menandatangani,
   dan menyerahkan segala dokumen dan atau akta, menghadap kepada siapa pun di mana perlu, memberikan
   keterangan-keterangan sehubungan dengan keputusan rapat tersebut di atas.

1. Approved the acquisition plan of Probiotec Pty Ltd by the Company through Pyfa Australia Pty Ltd (“PAPL”), which              Fully realized.
   will result in a change of control in Probiotec Pty Ltd through the acquisition of all shares held by the Shareholders
   of Probiotec Pty Ltd, which is classified as a material transaction under Article 6 paragraph (1) letter d number 1 of
   POJK No. 17/2020 regarding Material Transactions and Business Activity Changes; and
2. Approved to grant the authority to the Board of Directors to take all necessary actions related to the acquisition, in
   compliance with the requirements set forth in the applicable laws and regulations, including capital market regulations,
   including but not limited to preparing, signing, and submitting all documents and/or deeds, appearing before any party
   as necessary, and providing information related to the resolution of the above meeting.


RUPS Tahunan 25 Juni 2024
Annual GMS on June 25, 2024

                                                       Keputusan                                                                  Realisasi
                                                       Resolution                                                                Realization

Agenda I
First Agenda
1. Menyetujui Laporan Tahunan dan Laporan Keberlanjutan dan mengesahkan Laporan Keuangan Perseroan untuk tahun                Telah direalisasikan.
   buku yang berakhir pada tanggal 31 Desember 2023; serta
2. Atas telah disetujuinya Laporan Tahunan Perseroan termasuk Laporan Keberlanjutan dan Laporan Tugas Dewan Komisaris
   untuk tahun buku yang berakhir pada tanggal 31 Desember 2023 serta disahkannya Laporan Keuangan Konsolidasian
   Perseroan untuk tahun buku yang berakhir pada tanggal 31 Desember 2023 yang telah diaudit oleh Kantor Akuntan Publik
   Tanubrata Sutanto Fahmi Bambang dan Rekan, firma anggota BDO International dengan opini wajar, dalam semua hal
   yang material, maka Rapat memberikan pelunasan dan pembebasan tanggung jawab sepenuhnya (volledig acquit et de
   charge) kepada segenap anggota Direksi dan Dewan Komisaris atas tindakan pengurusan dan pengawasan yang telah
   dijalankan selama tahun buku yang berakhir pada tanggal 31 Desember 2023, sejauh tindakan tersebut bukan merupakan
   tindak pidana dan tindakan tersebut tercermin dalam Laporan Tahunan, Laporan Keberlanjutan, serta Laporan Keuangan
   Konsolidasian Perseroan untuk tahun buku yang berakhir pada tanggal 31 Desember 2023.
1. Approved the Annual Report and Sustainability Report and ratified the Financial Statements for the financial year ended       Fully realized.
   on December 31, 2023; and
2. Upon the approval of the Annual Report, including the Sustainability Report and the Board of Commissioners’ Report
   for the financial year ended on December 31, 2023, and the ratification of the Consolidated Financial Statements for
   the fiscal year ended on December 31, 2023, which have been audited by Tanubrata Sutanto Fahmi Bambang & Partners
   Public Accounting Firm, a member firm of BDO International, with an unqualified opinion in all material respects, the
   Meeting grants full discharge and release of liability (volledig acquit et de charge) to all members of the Board of
   Directors and the Board of Commissioners for the management and supervisory actions undertaken during the financial
   year ended on December 31, 2023, provided that such actions were not criminal in nature and are reflected in the Annual
   Report, Sustainability Report, and the Consolidated Financial Statements for the financial year ended on December 31,
   2023.




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                                                      Keputusan                                                                    Realisasi
                                                      Resolution                                                                  Realization

Agenda II
Second Agenda
Menyetujui untuk pencatatan rugi bersih sebesar Rp85.226.477.250,- (delapan puluh lima miliar dua ratus dua puluh             Telah direalisasikan.
enam juta empat ratus tujuh puluh tujuh ribu dua ratus lima puluh Rupiah) untuk tahun buku 2023 dan tidak melakukan
penyisihan laba sebagai cadangan dan pembagian dividen untuk tahun buku 2023 tersebut.
Approved the recording of a net loss of Rp85,226,477,250 (eighty-five billion two hundred twenty-six million four hundred        Fully realized.
seventy-seven thousand two hundred fifty Rupiah) for the 2023 financial year and decided not to allocate any profit as
reserves or distribute dividends for the said financial year.
Agenda III
Third Agenda
Memberikan wewenang dan kuasa kepada Dewan Komisaris Perseroan untuk menetapkan besarnya gaji atau honorarium                 Telah direalisasikan.
dan tunjangan lainnya untuk anggota Dewan Komisaris dan Direksi Perseroan untuk tahun buku yang akan berakhir pada
tanggal 31 Desember 2024, berdasarkan Keputusan Rapat Dewan Komisaris Perseroan dengan total gaji, honorarium,
tantiem, dan tunjangan lainnya untuk Dewan Komisaris dan Direksi dengan tetap memperhatikan kondisi keuangan dan
kinerja Perseroan.
Granted the authority and power to the Board of Commissioners to determine the amount of salary or honorarium and                Fully realized.
other allowances for members of the Board of Commissioners and Board of Directors for the financial year ended on
December 31, 2023, based on the Decision of the Board of Commissioners Meeting with the total salary, honorarium,
bonuses, and other allowances for the Board of Directors and Board of Commissioners while still taking into account the
Company’s financial condition and performance.
Agenda IV
Fourth Agenda
Memberikan kuasa kepada Dewan Komisaris untuk menetapkan Kantor Akuntan Publik yang akan mengaudit Laporan                    Telah direalisasikan.
Keuangan Perseroan yang akan berakhir pada tanggal 31 Desember 2024 dengan mempertimbangkan usulan Dewan
Komisaris Perseroan dan memperhatikan rekomendasi Komite Audit Perseroan dan memberi wewenang kepada Direksi
Perseroan untuk menetapkan jumlah honorarium akuntan publik tersebut dan persyaratan lainnya, mengingat Perseroan
masih memerlukan waktu untuk memonitor dan menilai kinerja, serta mempertimbangkan calon akuntan publik yang
akan ditunjuk berdasarkan masukan dari Dewan Komisaris dan Komite Audit Perseroan, serta mempertimbangkan
objektif lainnya yang dirasa perlu dalam mengambil keputusan.
Granted the authority to the Board of Commissioners to appoint the Public Accounting Firm that will audit                        Fully realized.
the Financial Statements for the financial year ended on December 31, 2024, considering the proposal from
the Board of Commissioners and taking into account the recommendations from the Company’s Audit Committee.
The authority is also given to the Board of Directors to determine the public accountant’s fee and other terms,
as the Company still requires time to monitor and assess performance, as well as consider the potential public
accountants to be appointed based on input from the Board of Commissioners and the Audit Committee, while also
considering other objectives deemed necessary in making the decision.
Agenda V
Fifth Agenda
Menyetujui laporan pelaksanaan realisasi penggunaan dana hasil Penawaran Umum Berkelanjutan Obligasi Berkelanjutan            Telah direalisasikan.
I Pyridam Farma Tahap I Tahun 2022, per tanggal 31 Desember 2023 sebesar Rp394.244.332.005,- (tiga ratus sembilan
puluh empat miliar dua ratus empat puluh empat juta tiga ratus tiga puluh dua ribu lima Rupiah) sebagaimana yang
dimaksud dalam Laporan Realisasi Penggunaan Dana Hasil Penawaran Umum Berkelanjutan Obligasi Berkelanjutan
I Pyridam Farma Tahap I Tahun 2022, dengan No. Surat 008/PYFA-CS/I/2024 tanggal 15 Januari 2024 dan Laporan
Pelaksanaan Realisasi Penggunaan Dana hasil Penawaran Umum Berkelanjutan Obligasi Berkelanjutan I Pyridam Farma
Tahap II Tahun 2023 sebesar Rp318.482.800.686,- (tiga ratus delapan belas miliar empat ratus delapan puluh dua juta
delapan ratus ribu enam ratus delapan puluh enam Rupiah) sebagaimana yang dimaksud dalam Laporan Realisasi
Penggunaan Dana Hasil Penawaran Umum Berkelanjutan Obligasi Berkelanjutan I Pyridam Farma Tahap II Tahun 2023
per tanggal 31 Desember 2023, dengan No. Surat 009/PYFA-CS/I/2024 tanggal 15 Januari 2024.
Approved the report on the realization of the use of proceeds from the Pyridam Farma Sustainable Public Offering of              Fully realized.
Continuing Bonds I Phase I Year 2022 as of December 31, 2023, amounting to Rp394,244,332,005 (three hundred ninety-
four billion two hundred forty-four million three hundred thirty-two thousand five rupiah), as stated in the Report on the
Realization of the Use of Proceeds from the Continuing Public Offering of Pyridam Farma Continuing Bonds I Phase I Year
2022, referenced in Letter No. 008/PYFA-CS/I/2024 dated January 15, 2024; and the report on the realization of the use
of proceeds from the Continuing Public Offering of Pyridam Farma Continuing Bonds I Phase II Year 2023 amounting to
Rp318,482,800,686 (three hundred eighteen billion four hundred eighty-two million eight hundred thousand six hundred
eighty-six rupiah), as stated in the Report on the Realization of the Use of Proceeds from the Continuing Public Offering
of Pyridam Farma Continuing Bonds I Phase II Year 2023 as of December 31, 2023, referenced in Letter No. 009/PYFA-
CS/I/2024 dated January 15, 2024.




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                                                         Keputusan                                                                  Realisasi
                                                         Resolution                                                                Realization

 Agenda VI
 Sixth Agenda
 1. Menyetujui perubahan anggaran dasar Perseroan, yaitu (i) penyesuaian rumusan terkait Kegiatan Usaha Penunjang               Telah direalisasikan.
    Perseroan sebagaimana termaktub dalam ketentuan Pasal 3 anggaran dasar Perseroan tentang Maksud dan
    Tujuan serta kegiatan usaha Perseroan terhadap Klasifikasi Baku Lapangan Usaha Indonesia (“KBLI”) 2020, dan (ii)
    penyesuaian rumusan terkait ketentuan Pasal 38 anggaran dasar Perseroan tentang Rencana Kerja Tahun Buku,
    Laporan Tahunan, penggunaan laba bersih, dan pembagian dividen interim dengan POJK No. 14/2022 tentang
    Penyampaian Laporan Keuangan Berkala Emiten atau Perusahaan Publik; dan
 2. Memberikan kuasa dan wewenang pada Direksi Perseroan dengan hak substitusi untuk menyatakan kembali ke dalam
    akta notaris dan melakukan segala tindakan yang diperlukan berkaitan dengan keputusan Mata Acara Rapat ini,
    termasuk menyusun perubahan anggaran dasar dalam suatu Akta Notaris (jika diperlukan) dan memohon persetujuan
    atas perubahan anggaran dasar Perseroan kepada instansi yang berwenang untuk mendapatkan persetujuan atas
    perubahan anggaran dasar Perseroan tersebut, melakukan segala sesuatu yang dipandang perlu dan berguna untuk
    keperluan tersebut dengan tidak ada satu pun yang dikecualikan, termasuk untuk mengadakan penambahan dan/atau
    perubahan dalam perubahan anggaran dasar tersebut jika hal tersebut dipersyaratkan oleh instansi yang berwenang.
 1. Approved the amendment to the articles of association, namely (i) adjustment of the provisions related to the Supporting       Fully realized.
    Business Activities as outlined in Article 3 of the articles of association regarding the objectives and purposes as well
    as the business activities of the Company in accordance with the 2020 Indonesian Standard Industrial Classification
    (“KBLI”), and (ii) adjustment of the provisions related to Article 38 of the articles of association regarding the Annual
    Work Plan, Annual Report, net profit allocation, and interim dividend distribution in compliance with POJK No. 14/2022
    on the Submission of Periodic Financial Reports by Issuers or Public Companies; and
 2. Granted authority and power to the Board of Directors with substitution rights to restate the amendment in a notarial
    deed and perform all necessary actions related to the decision of this Meeting Agenda, including preparing the
    amendment of the Articles of Association in a Notarial Deed (if necessary) and submitting a request for approval of
    the amendment of the Company’s articles of association to the relevant authority for approval of the amendment, and
    performing all necessary and useful actions for such purpose without exception, including making additions and/or
    changes to the amendment if required by the relevant authorities.




Dewan Komisaris
Board of Commissioners


Dewan Komisaris merupakan organ tata kelola Perseroan                           The Board of Commissioners is a governance organ that has
yang memiliki tugas dan tanggung jawab untuk melakukan                          the duties and responsibility of supervising the management
pengawasan atas pengelolaan perusahaan, memberi nasihat                         of the Company, providing advice to the Board of Directors,
kepada Direksi, serta memastikan pelaksanaan prinsip-prinsip                    and ensuring that the GCG principles are implemented
GCG Perseroan dapat diimplementasikan di setiap kegiatan                        across all business activities and organizational levels.
usaha yang dijalankan di seluruh jenjang organisasi. Dewan                      The Board of Commissioners is accountable to the shareholders
Komisaris bertanggung jawab kepada pemegang saham dalam                         in supervising the Board of Directors policies regarding
mengawasi kebijakan Direksi terhadap operasional Perseroan                      the Company’s overall operations in accordance with the
secara umum yang mengacu pada rencana bisnis yang telah                         approved business plans, while ensuring compliance with all
disetujui, serta memastikan kepatuhan terhadap seluruh                          applicable laws and regulations, and performing its duties
peraturan dan perundang-undangan yang berlaku dengan                            independently.
bertindak secara independen.



Pedoman Kerja                                                                   Work Guidelines

Dalam melaksanakan tugas dan tanggung jawabnya, Dewan                           In carrying out its duties and responsibilities, the Board of
Komisaris mengacu pada Pedoman Kerja (Board Manual) yang                        Commissioners refers to the Board Manual, which was ratified
telah disahkan pada November 2016. Dokumen ini menjadi acuan                    in November 2016. This document serves as a reference for all
bagi seluruh anggota Dewan Komisaris dalam menjalankan                          members of the Board of Commissioners in performing their




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fungsi pengawasan dan pemberian nasihat secara profesional,            supervisory and advisory functions in a professional, transparent
transparan, serta sesuai dengan ketentuan dan kebijakan yang           manner, and in accordance with applicable regulations and
berlaku. Pedoman kerja tersebut memuat antara lain:                    policies. The Board Manual includes, among others:
1. Tugas dan Wewenang Dewan Komisaris;                                 1. Board of Commissioner Duties and Authorities;
2. Kewajiban Dewan Komisaris;                                          2. Board of Commissioners Obligations;
3. Etika Jabatan Dewan Komisaris;                                      3. Board of Commissioner Code of Conducts;
4. Mekanisme Kerja Dewan Komisaris; serta                              4. Board of Commissioners Working Mechanism; and
5. Komite Dewan Komisaris.                                             5. Board of Commissioners Supporting Committees.


Pedoman kerja ini dapat diakses melalui situs web Perseroan.           This Board Manual is accessible through the Company’s
Perseroan juga telah menyesuaikan pelaksanaan tugas                    website. The Company has also aligned the execution of
dan tanggung jawab Dewan Komisaris agar selaras dengan                 the duties and responsibilities of the Board of Commissioners
ketentuan yang tercantum dalam POJK No. 33/2014.                       with the provisions set forth in POJK No. 33/2014.



Komposisi dan Masa Jabatan [GRI 2-8]                                   Composition and Office Term [GRI 2-8]

Sepanjang tahun 2025 telah dilaksanakan pengangkatan                   Throughout 2025, reappointments have been carried out
kembali dan terjadi perubahan dalam komposisi Dewan                    and there was a change in the composition of the Board of
Komisaris seiring dengan pengangkatan Bapak Widjanarko                 Commissioners following the appointment of Mr. Widjanarko
Brotosaputro sebagai Komisaris, berdasarkan keputusan                  Brotosaputro as Commissioner, based on the resolution
RUPS Tahunan yang diselenggarakan pada 18 Juni 2025.                   of the Annual GMS held on June 18, 2025. Accordingly,
Dengan demikian, susunan Dewan Komisaris Perseroan terdiri             the composition of the Board of Commissioners consists of
atas 1 (satu) Komisaris Utama, 1 (satu) Komisaris, dan 2 (dua)         1 (one) President Commissioner, 1 (one) Commissioner, and
Komisaris Independen.                                                  2 (two) Independent Commissioners.


Masa jabatan Dewan Komisaris ditetapkan selama 5 (lima)                The office term of the Board of Commissioners is set at
tahun terhitung sejak tanggal pengesahan oleh RUPS. RUPS               5 (five) years, effective from the date of ratification by the GMS.
juga memiliki kewenangan untuk memberhentikan setiap                   The GMS also holds the authority to dismiss any member of
anggota Dewan Komisaris sebelum masa jabatannya berakhir,              the Board of Commissioners prior to the end of their term,
disertai dengan alasan yang jelas dan sesuai ketentuan yang            provided that clear reasons are given and in accordance with
berlaku.                                                               the applicable regulations.


            Nama                       Jabatan                            Dasar Pengangkatan                          Periode Menjabat
            Name                       Position                           Basis of Appointment                          Office Term

                                                           Akta Pernyataan Keputusan Rapat PT Pyridam Farma
                              Komisaris Utama              Tbk No. 135 tanggal 25 Juni (“Akta No. 135 /2025”).
 Robby Yulianto                                                                                                            2025–2030
                              President Commissioner       Deed of Statement of Meeting Resolutions of PT Pyridam
                                                           Farma Tbk No. 135 dated June 25 (“Deed No. 135/2025”).
                              Komisaris                    Akta No. 135 /2025.
 Widjanarko Brotosaputro                                                                                                   2025–2030
                              Commissioner                 Deed No. 135/2025.
                              Komisaris Independen         Akta No. 135 /2025.
 Charles D. Marpaung                                                                                                       2025–2030
                              Independent Commissioner     Deed No. 135/2025.
                              Komisaris Independen         Akta No. 135 /2025.
 Maura Linda Sitanggang                                                                                                    2025–2030
                              Independent Commissioner     Deed No. 135/2025.


Profil masing-masing anggota Dewan Komisaris telah                     The profile of each member of the Board of Commissioners has
diungkapkan pada bab Profil Perusahaan, sub bab Profil                 been disclosed in the Company Profile section, sub-section of
Dewan Komisaris dalam Laporan Tahunan dan Laporan                      the Profile of the Board of Commissioners in this Annual Report
Keberlanjutan ini.                                                     and Sustainability Report.




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Komisaris Independen                                                Independent Commissioners

Per 31 Desember 2025, komposisi Komisaris Independen                As of December 31, 2025, the Independent Commissioners
Perseroan berjumlah 2 (dua) orang dari total 4 (empat) anggota      comprised 2 (two) individuals out of a total of 4 (four) members
Dewan Komisaris. Komposisi tersebut telah sesuai dengan             of the Board of Commissioners. This composition complies
ketentuan POJK No. 33/2014, yang mensyaratkan bahwa                 with the provisions of POJK No. 33/2014, which requires
perusahaan publik wajib memiliki Komisaris Independen paling        that a public company must have at least 30% of its Board of
sedikit 30% dari total anggota Dewan Komisaris.                     Commissioners as Independent Commissioners.


Kualifikasi dan Kriteria Komisaris Independen                       Qualifications and Criteria for Independent
                                                                    Commissioners
Perseroan menetapkan kualifikasi dan kriteria Komisaris             The Company establishes specific qualifications and criteria
Independen guna memastikan pelaksanaan tugas secara                 for Independent Commissioners to ensure that their duties are
profesional dan sesuai dengan ketentuan yang berlaku                carried out professionally and in accordance with the applicable
sebagaimana diuraikan berikut:                                      regulations, as described below:
1. Mempunyai akhlak, moral, dan integritas yang baik;               1. Have good morals, morals and integrity;
2. Cakap melakukan perbuatan hukum;                                 2. Competent to carry out legal actions;
3. Dalam 5 (lima) tahun sebelum pengangkatan dan selama             3. Within 5 (five) years before appointment and during his
    menjabat:                                                            tenure:
    a. Tidak pernah dinyatakan pailit;                                   a. Never declared bankruptcy;
    b. Tidak pernah menjadi anggota Direksi dan/atau                     b. Never been a member of the Board of Directors and/or a
        anggota Dewan Komisaris yang dinyatakan bersalah                     member of the Board of Commissioners who was found
        menyebabkan suatu perusahaan dinyatakan pailit;                      guilty of causing a company to be declared bankrupt;
    c. Tidak pernah dihukum karena melakukan tindak                      c. Never been convicted of committing a criminal act
        pidana yang merugikan keuangan negara dan/atau                       that is detrimental to state finances and/or related to
        yang berkaitan dengan sektor keuangan; dan                           the financial sector; and
    d. Tidak pernah menjadi anggota Direksi dan/atau                     d. Has never been a member of the Board of Directors
        anggota Dewan Komisaris yang selama menjabat:                        and/or a member of the Board of Commissioners who:
        • Pernah tidak menyelenggarakan RUPS Tahunan;                        • Never held an annual GMS;
        • Pertanggungjawabannya sebagai anggota Direksi                      • His accountability as a member of the Board
            dan/atau anggota Dewan Komisaris pernah tidak                         of Directors and/or member of the Board of
            diterima oleh RUPS atau pernah tidak memberikan                       Commissioners has never been accepted by
            pertanggungjawaban sebagai anggota Direksi                            the GMS or has never provided his accountability as
            dan/atau anggota Dewan Komisaris kepada RUPS;                         a member of the Board of Directors and/or member
            dan                                                                   of the Board of Commissioners to the GMS; and
        • Pernah menyebabkan perusahaan yang memperoleh                      • Has caused a company that obtained a permit,
            izin, persetujuan, atau pendaftaran dari OJK tidak                    approval or registration from the OJK to not fulfill
            memenuhi kewajiban menyampaikan Laporan                               its obligation to submit an annual report and/or
            Tahunan dan/atau Laporan Keuangan kepada OJK;                         financial report to the OJK.
    e. Memiliki komitmen untuk mematuhi peraturan                        e. Have a commitment to comply with applicable laws
        perundang-undangan; dan                                              and regulations; and
    f. Memiliki pengetahuan dan/atau keahlian di bidang                  f. Have knowledge and/or expertise in the field required
        yang dibutuhkan Perseroan;                                           by the Company.
4. Bukan merupakan orang yang bekerja atau mempunyai                4. Is not a person who works or has the authority and
    wewenang dan tanggung jawab untuk merencanakan,                      responsibility to plan, lead, control or supervise
    memimpin, mengendalikan, atau mengawasi kegiatan                     the activities of the Company within the last 6 (six) months,
    Perseroan dalam waktu 6 (enam) bulan terakhir, kecuali               except for reappointment as Independent Commissioner of
    untuk pengangkatan kembali sebagai Komisaris Independen              the Company in the following period;
    Perseroan pada periode berikutnya;
5. Tidak mempunyai saham, baik langsung maupun tidak                5. Does not own shares, either directly or indirectly, in
    langsung, pada Perseroan;                                          the Company;




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6. Tidak mempunyai hubungan afiliasi dengan Perseroan,                             6. Has no affiliation with the Company, members of the Board
   anggota Dewan Komisaris, anggota Direksi, atau                                     of Commissioners, members of the Board of Directors, or
   pemegang saham utama Perseroan; serta                                              the main shareholders; and
7. Tidak mempunyai hubungan usaha, baik langsung maupun                            7. Does not have any direct or indirect business relationships
   tidak langsung, yang berkaitan dengan kegiatan usaha                               related to the Company’s business activities.
   Perseroan.



Pernyataan Independensi Komisaris                                                  Statement of Independence of
Independen                                                                         Independent Commissioners

Sebagai bagian dari penerapan tata kelola yang baik, Komisaris                     As part of the implementation of good corporate governance,
Independen berkomitmen untuk menjalankan tugas dan                                 the Independent Commissioners are committed to carrying out
tanggung jawabnya secara independen, objektif, dan bebas dari                      their duties and responsibilities independently, objectively, and
konflik kepentingan. Komitmen tersebut diwujudkan melalui                          free from any conflicts of interest. This commitment is reflected
pemenuhan aspek independensi sebagai berikut:                                      through the fulfillment of the following independence aspects:


                                             Aspek Independensi                                                          Charles D.         Maura Linda
                                              Indepence Aspect                                                           Marpaung           Sitanggang

 Tidak memiliki hubungan afiliasi dengan pemegang saham utama atau pengendali Perseroan.
                                                                                                                              √                    √
 Has no affiliation with the major and controlling shareholder.
 Tidak memiliki hubungan afiliasi dengan anggota Direksi dan/atau Dewan Komisaris Perseroan.
                                                                                                                              √                    √
 Has no affiliation with members of the Board of Directors and/or Board of Commissioners.
 Bukan merupakan orang yang bekerja atau mempunyai wewenang dan tanggung jawab untuk merencanakan,
 memimpin, mengendalikan, atau mengawasi kegiatan Perseroan dalam waktu 6 (enam) bulan terakhir
 sebelum pertama kali ditunjuk sebagai Komisaris Independen.
                                                                                                                              √                    √
 Not a person who works or has the authority and responsibility to plan, lead, control, or supervise the activities
 of the Company within the last 6 (six) months before being appointed as Independent Commissioner for
 the first time.
 Tidak memiliki saham, baik langsung maupun tidak langsung, pada Perseroan.
                                                                                                                              √                    √
 Does not own shares either directly or indirectly in the Company.
 Tidak memiliki hubungan usaha, baik langsung maupun tidak langsung, yang berkaitan dengan kegiatan
 usaha Perseroan.                                                                                                             √                    √
 Does not have a business relationship, either directly or indirectly, related to the Company’s business activities.



Tugas dan Tanggung Jawab,                                                          Duties and Responsibilities,
serta Wewenang                                                                     as well as Authority

Tugas dan Tanggung Jawab Dewan Komisaris                                           Board of Commissioners Duties and
                                                                                   Responsibilities
Dewan Komisaris bertugas mengawasi kebijakan, pengelolaan,                         The Board of Commissioners has a duty to supervise
dan kinerja Perseroan agar tetap sejalan dengan prinsip GCG.                       the Company’s policies, management, and performance
Dewan Komisaris juga berperan memberikan arahan, nasihat,                          to ensure alignment with the GCG principles. The Board
dan pertimbangan strategis kepada Direksi dalam rangka                             of Commissioners also provides guidance, advice, and
memastikan setiap keputusan diambil sesuai dengan anggaran                         strategic recommendations to the Board of Directors to
dasar, keputusan RUPS, serta ketentuan yang berlaku.                               ensure that all decisions are made in accordance with
                                                                                   the articles of association, the resolutions of the GMS, and
                                                                                   the applicable regulations.


Wewenang Dewan Komisaris                                                           Board of Commissioners Authorities
1. Memeriksa buku-buku, surat-surat, dan dokumen-dokumen                           1. Examine the books, letters, and other documents, including
   lainnya, termasuk surat berharga dan kekayaan Perseroan                            the Company’s securities and assets for verification
   untuk keperluan verifikasi;                                                        purposes;
2. Memasuki gedung dan kantor yang dipergunakan Perseroan                          2. Enter the buildings and offices used by the Company and
   dan gedung lainnya yang dimiliki Perseroan;                                        other buildings owned by the Company;




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3. Meminta penjelasan dari atau melalui Direksi mengenai          3. Ask for an explanation from or through the Board of
   hal-hal yang menyangkut Perseroan;                                Directors regarding the Company’s business;
4. Mengetahui kebijakan-kebijakan dan tindakan yang telah         4. Know the policies and actions that have been and will be
   dan akan dijalankan oleh Perseroan/Direksi;                       implemented by the Company/Board of Directors;
5. Meminta Direksi atau pejabat di bawah Direksi, atas            5. Ask the Board of Directors or officers under the Board of
   sepengetahuan Direksi untuk menghadiri rapat Dewan                Directors, with the knowledge of the Board of Directors, to
   Komisaris;                                                        attend the Board of Commissioners’ Meeting;
6. Memberhentikan sementara anggota Direksi sesuai dengan         6. Temporarily dismiss members of the Board of Directors
   ketentuan anggaran dasar Perseroan;                               within the provisions mentioned in the articles of
                                                                     association;
7. Membentuk Komite Audit, mengangkat, dan memberhentikan         7. Establish an Audit Committee, appoint and dismiss its
   anggotanya;                                                       members;
8. Menghadiri rapat gabungan Dewan Komisaris dan Direksi,         8. Attend joint meetings of the Board of Directors and Board
   serta memberikan pandangan-pandangan terhadap hal-hal             of Commissioners and provide views on the subject of
   yang menjadi pokok bahasan rapat; serta                           the meeting; and
9. Melakukan pengawasan lainnya sepanjang tidak                   9. Carry out other supervision as long as it does not conflict
   bertentangan dengan perundang-undangan, peraturan yang            with the applicable laws and regulations, the Articles of
   berlaku, anggaran dasar, dan keputusan RUPS.                      Association, and the GMS resolutions.


Kewajiban                                                         Obligations
Kewajiban Dewan Komisaris meliputi hal-hal sebagai berikut:       The Board of Commissioners obligations include the following:
1. Memberikan nasihat dan pandangan-pandangan kepada              1. Providing advice and views to the Board of Directors in
   Direksi dalam pengurusan Perseroan;                               managing the Company;
2. Mengikuti kegiatan dan perkembangan Perseroan, serta           2. Following     the   activities    and    developments   of
   memberikan pendapat dan saran kepada RUPS mengenai                the Company and providing opinions and suggestions to
   setiap hal yang dianggap penting bagi kepengurusan dan            the GMS regarding every matter deemed important for
   kegiatan operasional Perseroan;                                   the management and operational activities of the Company;
3. Meneliti dan menelaah laporan berkala dan Laporan              3. Analyzing and reviewing the periodic reports and annual
   Tahunan yang disiapkan Direksi;                                   reports prepared by the Board of Directors.
4. Melaporkan kepada Perseroan mengenai saham yang                4. Reporting to the Company regarding the shares they
   dimilikinya dan/atau keluarganya pada Perseroan;                  and/or their family members own in the Company;
5. Memberikan laporan tentang tugas pengawasan terhadap           5. Providing a report on the task of supervising the Company’s
   kinerja Perseroan dan pemberian nasihat kepada Direksi            performance and providing advice to the Board of Directors
   yang telah dilakukan kepada RUPS;                                 that has been carried out to the GMS;
6. Membentuk Komite Audit;                                        6. Establishing the Audit Committee;
7. Mengusulkan Akuntan Publik untuk disetujui kepada              7. Propose a Public Accountant for approval of the GMS; and
   RUPS; serta
8. Melaksanakan kewajiban lainnya dalam rangka tugas              8. Carrying out other obligations for supervisory duties
   pengawasan dan pemberian nasihat sepanjang tidak                  and providing advice as long as it does not conflict with
   bertentangan dengan perundang-undangan serta peraturan            the prevailing laws and regulations in accordance with
   yang berlaku sesuai anggaran dasar dan/atau keputusan             the Articles of Association and/or the GMS resolutions.
   RUPS.


Keputusan yang Memerlukan Persetujuan                             Decisions Requiring Approval from
Dewan Komisaris                                                   the Board of Commissioners
Dalam menjalankan fungsinya, Dewan Komisaris memiliki             In performing its functions, the Board of Commissioners has
kewenangan untuk menyetujui berbagai keputusan strategis          the authority to approve a number of the Company’s strategic
Perseroan, antara lain Rencana Kerja dan Anggaran Tahunan,        decisions, including the Annual Work Plan and Budget,
Laporan Keuangan Tahunan, serta proses pengangkatan dan           the Annual Financial Statements, as well as the appointment and
pemberhentian anggota Direksi sesuai dengan ketentuan             dismissal of members of the Board of Directors in accordance
anggaran dasar.                                                   with the provisions of the articles of association.




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Rapat [ESG G-02]                                                                           Meetings [ESG G-02]

Rapat Dewan Komisaris dilaksanakan secara berkala                                          The Board of Commissioners holds regular meetings at least
sekurang-kurangnya 1 (satu) kali dalam 2 (dua) bulan, serta                                once every two (2) months, and joint meetings with the Board
rapat gabungan dengan Direksi minimal 1 (satu) kali dalam                                  of Directors at least once every four (4) months. Throughout
4 (empat) bulan. Sepanjang tahun 2025, Dewan Komisaris                                     2025, the Board of Commissioners conducted 6 (six) internal
telah melaksanakan rapat internal sebanyak 6 (enam) kali dan                               meetings and 3 (three) joint meetings with the Board of
rapat gabungan dengan Direksi sebanyak 3 (tiga) kali. Informasi                            Directors. Information regarding the attendance frequency
terkait frekuensi kehadiran masing-masing anggota Dewan                                    of each member of the Board of Commissioners at these
Komisaris dalam rapat tersebut diuraikan sebagai berikut:                                  meetings is presented as follows:


                                                                                                                       Rapat Gabungan Dewan Komisaris
                                                           Rapat Internal Dewan Komisaris                                           dan Direksi
                                                       Board of Commissioners Internal Meeting                     Joint Meeting of the Board of Commissioners
                                                                                                                             and Board of Directors
         Nama                     Jabatan
         Name                     Position                                                        Tingkat                                                        Tingkat
                                                         Jumlah                                                       Jumlah
                                                                                                Kehadiran                                                      Kehadiran
                                                          Rapat            Kehadiran                                   Rapat            Kehadiran
                                                                                                Attendance                                                     Attendance
                                                          Total            Attendance                                  Total            Attendance
                                                                                                   Level                                                          Level
                                                         Meeting                                                      Meeting
                                                                                                    (%)                                                            (%)

                            Komisaris Utama
 Robby Yulianto             President                         6                   6                 100,00                 3                   3                 100,00
                            Commissioner
 Widjanarko                 Komisaris
                                                              6                   3                  50,00                 3                   3                 100,00
 Brotosaputro*)             Commissioner
                            Komisaris
 Charles D.                 Independen
                                                              6                   6                 100,00                 3                   3                 100,00
 Marpaung                   Independent
                            Commissioner
                            Komisaris
 Maura Linda                Independen
                                                              6                   6                 100,00                 3                   3                 100,00
 Sitanggang                 Independent
                            Commissioner

*) Efektif menjabat sebagai Komisaris sejak ditutupnya RUPS Tahunan pada 18 Juni 2025 dan sebelumnya menjabat sebagai Direktur.
*) Effective serves as a Commissioner since the closing of the Annual General Meeting of Shareholders on June 18, 2025, and previously served as a Director.



Agenda Rapat                                                                               Meeting Agenda
Sepanjang tahun 2025, agenda rapat internal Dewan Komisaris                                Throughout 2025, the agenda of the Board of Commissioners
membahas terkait:                                                                          internal meetings covered the following:
1. Perkembangan kinerja Perseroan dari berbagai perspektif.                                1. The development of the Company’s performance from
                                                                                               different perspectives.
2. Penerapan praktik GCG yang efektif dan transparan.                                      2. The implementation of effective and transparent GCG practices.
3. Urgensi dalam menghadirkan produk-produk inovatif guna                                  3. The urgency of introducing innovative products in response
   merespons dinamika kebutuhan dan tuntutan pasar yang                                        to the market dynamic needs and demands throughout
   terus berkembang sepanjang tahun 2025.                                                      2025.


Agenda Rapat Dewan Komisaris                                                               Agenda of the Board of Commissioners and
dan Direksi                                                                                Board of Directors Meetings
Sepanjang tahun 2025, Rapat Dewan Komisaris dan Direksi                                    Throughout 2025, meetings of the Board of Commissioners and
membahas evaluasi kinerja Perseroan pada triwulan                                          Board of Directors discussed the evaluation of the Company’s
sebelumnya, strategi optimalisasi penjualan produk yang                                    performance in the previous quarter, strategies to optimize
diproduksi maupun didistribusikan, serta rencana investasi                                 sales of both manufactured and distributed products, as well
dan pengembangan usaha. Selain itu, rapat juga mencakup                                    as investment plans and business development initiatives. In
pembahasan terkait peluncuran produk baru dan penjajakan                                   addition, the meetings also covered discussions on the launch
kerja sama strategis dengan pihak ketiga guna mendukung                                    of new products and the exploration of strategic cooperation
pertumbuhan Perseroan secara berkelanjutan.                                                with third parties to support the Company’s sustainable growth.




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Pelaksanaan Tugas                                                   Implementation of Duties

Sepanjang tahun 2025, Dewan Komisaris telah menjalankan             Throughout 2025, the Board of Commissioners performed
tugas dan tanggung jawab dengan profesional sebagaimana             its duties and responsibilities in a professional manner, as
diuraikan berikut:                                                  described below:
1. Memberikan      persetujuan,   nasihat,   saran,     serta       1. Provided       approval,    advice,     suggestions,    and
    rekomendasi kepada Direksi atas keputusan strategis;                recommendations to the Board of Directors on strategic
                                                                        decisions;
2. Menyampaikan telaahan terkait analisis atas kinerja              2. Presented a review on to the analysis of the Company’s
   Perseroan dan menyampaikan laporan tentang tugas                     performance and submitted a report on its supervisory
   pengawasan kepada pemegang saham di dalam RUPS;                      duties to the shareholders at the GMS;
3. Melaksanakan rapat internal sebanyak 6 (enam) kali dan           3. Held 6 (six) internal meetings and 3 (three) joint meetings
   rapat gabungan bersama Direksi sebanyak 3 (tiga) kali;               with the Board of Directors.
4. Melaksanakan rapat gabungan bersama Komite Audit                 4. Held joint meetings with the Audit Committee to discuss
   dengan agenda pembahasan evaluasi kinerja Perseroan;                 the Company’s performance evaluation;
5. Melaksanakan Fungsi Nominasi dan Remunerasi dengan               5. Effectively implemented the Nomination and Remuneration
   efektif; serta                                                       Function; and
6. Melakukan evaluasi atas kinerja Kantor Akuntan Publik            6. Evaluated the performance of the Public Accounting
   tahun buku 2024 dan menunjuk Kantor Akuntan Publik atau              Firm for the 2024 financial year and appointed a Public
   Akuntan Publik untuk audit Laporan Keuangan tahun 2025               Accounting Firm or Certified Public Accountant for
   dengan mempertimbangkan rekomendasi dari Komite                      the 2025 Financial Statements audit by considering
   Audit Perseroan.                                                     the recommendations from the Audit Committee.



Pengembangan Kompetensi [ESG G-05]                                  Competency Development [ESG G-05]

Perseroan memfasilitasi program pengembangan kompetensi             The Company facilitates a competency development program
bagi Dewan Komisaris guna memperluas wawasan dan                    for the Board of Commissioners to broaden their knowledge
pengetahuan, khususnya dalam menjalankan fungsi                     and insights, particularly in performing their supervisory
pengawasan. Program tersebut dilaksanakan melalui berbagai          functions. This program is conducted through a number of
kegiatan, seperti pelatihan, seminar, lokakarya, serta program      activities, including training sessions, seminars, workshops, and
pengembangan profesional yang relevan dengan tugas                  professional development programs relevant to the duties and
dan tanggung jawab Dewan Komisaris. Sepanjang tahun                 responsibilities of the Board of Commissioners. Throughout
2025, anggota Dewan Komisaris tetap melakukan upaya                 2025, Board of Commissioners members continued to engage
pengembangan kompetensi secara mandiri melalui berbagai             in independent competency development efforts through
sumber pembelajaran yang relevan guna menjaga pemahaman             relevant learning sources in order to maintain an understanding
terhadap perkembangan regulasi, dinamika industri, serta            of regulatory developments, industry dynamics, and GCG
praktik GCG.                                                        practices.



Penilaian Kinerja Dewan Komisaris                                   Performance Evaluation of
dan Komite Pendukung [ESG G-04] [GRI 2-18]                          the Board of Commissioners and
                                                                    Supporting Committees [ESG G-04] [GRI 2-18]

Penilaian Kinerja Dewan Komisaris                                   Performance Evaluation of
                                                                    the Board of Commissioners

Prosedur Penilaian Kinerja                                          Performance Evaluation Procedure
Dewan Komisaris menjalani penilaian kinerja secara kolegial         The Board of Commissioners undergoes a collegial performance
melalui metode self-assessment yang dilakukan oleh                  evaluation through a self-assessment method conducted
masing-masing anggota. Evaluasi ini mengacu pada indikator          individually by each member. This evaluation refers to
kerangka Balanced Scorecard untuk menilai efektivitas               the Balanced Scorecard framework to measure the effectiveness
pelaksanaan fungsi pengawasan. Hasil penilaian disampaikan          of the supervisory function. The results of the assessment
kepada pemegang saham dalam RUPS Tahunan sebagai dasar              are submitted to the shareholders at the Annual GMS
pertimbangan dalam pengambilan keputusan dan tindak                 as a basis for consideration in decision-making and




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lanjut. Di sisi lain, pemegang saham juga menilai kinerja              subsequent    follow-up.   Meanwhile,  the   shareholders
Dewan Komisaris secara kolektif melalui Laporan Pengawasan             also evaluate the collective performance of the Board of
yang disampaikan dalam RUPS Tahunan.                                   Commissioners through the Supervision Report presented at
                                                                       the Annual GMS.


Kriteria Penilaian Kinerja                                             Performance Evaluation Criteria
Dalam proses evaluasi, Dewan Komisaris dinilai berdasarkan             In the evaluation process, the Board of Commissioners is
kerangka Balanced Scorecard yang mencakup 4 (empat) aspek              assessed based on the Balanced Scorecard framework, which
utama, yaitu keuangan, konsumen (customer), proses bisnis              covers 4 (four) main aspects: financial, customer, internal
internal, serta pembelajaran dan pertumbuhan.                          business processes, and learning and growth.


Hasil Penilaian                                                        Evaluation Results
Berdasarkan hasil penilaian, Dewan Komisaris dinilai telah             Based on the assessment results, the Board of Commissioners
melaksanakan tugas dan tanggung jawabnya secara efektif                is considered to have carried out its duties and responsibilities
dan profesional sesuai dengan pedoman kerja yang berlaku               effectively and professionally in accordance with the applicable
sepanjang tahun 2025.                                                  work guidelines throughout 2025.


Penilaian Kinerja Komite Audit                                         Performance Assessment of the Audit Committee
Per Desember 2025, Dewan Komisaris memiliki 1 (satu) komite            As of December 2025, the Board of Commissioners has
pendukung, yaitu Komite Audit. Penilaian kinerja terhadap              1 (one) supporting committee, namely the Audit Committee.
komite ini dilakukan secara berkala untuk memantau efektivitas         The performance of this committee is evaluated periodically
pelaksanaan tugas dan tanggung jawabnya.                               to monitor the effectiveness of its duties and responsibilities.


Kriteria Penilaian                                                     Assessment Criteria
Perseroan menggunakan kriteria penilaian Komite Audit yang             The Company applies generally accepted criteria for evaluating
berlaku umum, yaitu kehadiran, dukungan komite terhadap                the Audit Committee, which include attendance, the committee’s
implementasi GCG, efisiensi dan efektivitas kegiatan pelaporan         support for the implementation of GCG, the efficiency and
keuangan dan manajemen risiko, jaminan atas tercukupinya               effectiveness of financial reporting and risk management
proses dan operasi bisnis, serta kepatuhan pada peraturan.             activities, assurance over the adequacy of business processes
                                                                       and operations, and compliance with applicable regulations.


Hasil Penilaian Kinerja                                                Performance Assessment Results
Di tahun 2025, Dewan Komisaris menilai bahwa Komite Audit              In 2025, the Board of Commissioners deemed that the Audit
telah melaksanakan tugas, tanggung jawab, dan fungsinya                Committee had performed its duties, responsibilities, and
secara profesional dan efektif.                                        functions professionally and effectively.



Program Orientasi                                                      Orientation Program

Program orientasi bagi anggota Dewan Komisaris yang baru               The orientation program for new members of the Board
bertujuan untuk memberikan gambaran mengenai Perseroan                 of Commissioners is designed to provide an overview of
sebagai upaya percepatan kontribusi dari anggota Dewan                 the Company, facilitating a faster and more effective contribution
Komisaris tersebut. Program ini juga dimaksudkan untuk                 from the incoming Commissioners. The program also aims to
memberikan gambaran umum atas rencana bisnis strategis                 provide a general understanding of the Company’s strategic
Perseroan, informasi mengenai kegiatan bisnis utama, serta             business plans, information on key business activities, as well
tugas utama dan kegiatan Dewan Komisaris sesuai dengan                 as the main duties and activities of the Board of Commissioners
peraturan perundang-undangan yang berlaku.                             in accordance with applicable laws and regulations.


Sepanjang tahun 2025, Perseroan telah menyelenggarakan                 Throughout 2025, the Company organized an orientation
program orientasi bagi Bapak Widjanarko Brotosaputro yang              program for Mr. Widjanarko Brotosaputro, who was appointed
diangkat sebagai Komisaris, efektif sejak ditutupnya RUPS              as Commissioner, effective as of the closing of the Annual GMS
Tahunan pada 18 Juni 2025.                                             on June 18, 2025.




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Direksi
Board of Directors


Direksi merupakan salah satu organ utama Perseroan yang              The Board of Directors is one of the Company’s main organs
berfungsi sebagai pengelola perusahaan, termasuk memimpin,           responsible for managing the Company, including leading,
memelihara, dan mengurus kekayaan perusahaan sesuai                  maintaining, and administering the Company’s assets in
dengan kepentingan dan tujuan yang telah ditetapkan. Dalam           accordance with the Company’s predetermined interests and
pelaksanaan tugasnya, Direksi wajib mematuhi setiap peraturan        objectives. In performing its duties, the Board of Directors shall
perundang-undangan yang berlaku dan mengutamakan prinsip             comply with all applicable laws and regulations and uphold
kehati-hatian.                                                       the principle of prudence.



Pedoman Kerja                                                        Work Guidelines

Dalam melaksanakan tugas dan tanggung jawabnya, Direksi              In carrying out its duties and responsibilities, the Board of
mengacu pada Pedoman Kerja (Board Manual) yang telah                 Directors refers to the Board Manual, which was approved in
disahkan pada November 2016. Dokumen ini menjadi acuan               November 2016. This document serves as a guideline for all
bagi seluruh anggota Direksi dalam menjalankan fungsi sebagai        members of the Board of Directors in performing their roles
pengurus dan pengelola Perseroan yang harus bertindak secara         as the Company’s administrators and managers, requiring
objektif. Pedoman kerja tersebut memuat antara lain:                 them to act objectively. The Board Manual, among others,
                                                                     sets out the following:
1.   Tugas dan Wewenang Direksi;                                     1. Board of Directors Duties and Authorities;
2.   Kewajiban Direksi;                                              2. Board of Directors Obligations;
3.   Etika Jabatan Direksi;                                          3. Board of Directors Code of Conducts;
4.   Mekanisme Kerja Direksi; serta                                  4. Board of Directors Working Mechanism; and
5.   Pembagian Tugas Direksi.                                        5. Division of Duties within the Board of Directors.


Pedoman kerja ini dapat diakses melalui situs web Perseroan.         This Board Manual is accessible through the Company’s
Perseroan juga telah menyesuaikan pelaksanaan tugas dan              website. The Company has also aligned the implementation
tanggung jawab Direksi agar selaras dengan ketentuan yang            of the duties and responsibilities of the Board of Directors with
tercantum dalam POJK No. 33/2014.                                    the provisions stipulated in OJK Regulation No. 33/POJK.04/2014.



Komposisi dan Masa Jabatan [GRI 2-8]                                 Composition and Office Term [GRI 2-8]

Perubahan dalam komposisi Direksi Perseroan terjadi seiring          Changes in the composition of the Board of Directors occurred
dengan pengalihan jabatan Bapak Widjanarko Brotosaputro              following the transfer of Mr. Widjanarko Brotosaputro from his
dari Direktur menjadi Komisaris Perseroan. Dalam rangka              position as Director to Commissioner. In order to strengthen
memperkuat struktur Direksi, pemegang saham mengangkat               the structure of the Board of Directors, the shareholders
2 (dua) anggota Direksi baru, yaitu Bapak Antes Eko Prasetio         appointed 2 (two) new members of the Board of Directors,
dan Ibu Sinta Lestari Ningsih. Pengangkatan tersebut telah           namely Mr. Antes Eko Prasetio and Ms. Sinta Lestari Ningsih.
disahkan melalui keputusan RUPS Tahunan pada tanggal 18              These appointments were approved through resolutions of
Juni 2025. Dengan demikian, susunan Direksi Perseroan saat           the Annual GMS held on June 18, 2025. Accordingly, the current
ini terdiri atas 1 (satu) Direktur Utama dan 4 (empat) Direktur.     composition of the Board of Directors consists of 1 (one)
                                                                     President Director and 4 (four) Directors.


Masa jabatan Direksi ditetapkan selama 5 (lima) tahun terhitung      The office term of the members of the Board of Directors is
sejak tanggal pengesahan oleh RUPS. RUPS juga memiliki               set at 5 (five) years commencing from the date of approval
kewenangan untuk memberhentikan setiap anggota Direksi               by the GMS. The GMS also has the authority to dismiss any
sebelum masa jabatannya berakhir, dengan alasan yang jelas           member of the Board of Directors prior to the expiration of their
dan sesuai dengan ketentuan peraturan perundang-undangan             term of office, provided that such dismissal is based on clear




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yang berlaku. Komposisi Direksi Perseroan per 31 Desember                 reasons and conducted in accordance with applicable laws
2025 diuraikan sebagai berikut:                                           and regulations. The composition of the Board of Directors as
                                                                          of December 31, 2025 is as follows:


            Nama                          Jabatan                           Dasar Pengangkatan                         Periode Menjabat
            Name                          Position                          Basis of Appointment                         Office Term

                              Direktur Utama                  Akta No. 135/2025.
 Lee Yan Gwan                                                                                                               2025–2030
                              President Director              Deed No. 135/2025.
                              Direktur                        Akta No. 135/2025.
 Yenfrino Gunadi                                                                                                            2025–2030
                              Director                        Deed No. 135/2025.
                              Direktur                        Akta No. 135/2025.
 Bedjo Stefanus                                                                                                             2025–2030
                              Director                        Deed No. 135/2025.
                              Direktur                        Akta No. 135/2025.
 Antes Eko Prasetio                                                                                                         2025–2030
                              Director                        Deed No. 135/2025.
                              Direktur                        Akta No. 135/2025.
 Sinta Lestari Ningsih                                                                                                      2025–2030
                              Director                        Deed No. 135/2025.


Profil masing-masing anggota Direksi telah diungkapkan pada               The profile of each member of the Board of Directors has been
bab Profil Perusahaan, sub bab Profil Direksi dalam Laporan               disclosed in the Company Profile chapter, under the subchapter
Tahunan dan Laporan Keberlanjutan ini.                                    of the Profile of the Board of Directors in this Annual Report and
                                                                          Sustainability Report.



Tugas dan Tanggung Jawab,                                                 Duties, Responsibilities,
serta Wewenang                                                            as well as Authorities

Informasi mengenai tugas dan tanggung jawab, serta wewenang               Information regarding the duties, responsibilities, and authorities
yang dijalankan oleh Direksi diuraikan sebagai berikut:                   exercised by the Board of Directors is described as follows:
1. Melakukan segala tindakan yang berkaitan dengan                        1. Takes all actions related to the management and
    pengurusan dan operasional Perseroan untuk kepentingan                    operations of the Company for the benefit of the Company
    Perseroan sesuai dengan maksud dan tujuan Perseroan                       in accordance with the Company’s purposes and objectives
    serta mewakili Perseroan, baik di dalam maupun di luar                    and represents the Company both inside and outside
    pengadilan dengan batasan-batasan yang diatur dalam                       the court within the limits set out in the applicable laws
    peraturan perundang-undangan yang berlaku, Anggaran                       and regulations, the Articles of Association and the GMS
    Dasar, dan keputusan RUPS;                                                resolutions;
2. Menetapkan kebijakan pengurusan dan operasional                        2. Determining the Company’s management and operational
    Perseroan;                                                                policies;
3. Mengatur ketentuan-ketentuan tentang kepegawaian                       3. Regulating the provisions regarding the Company’s
    Perseroan, termasuk penetapan gaji, pensiun, jaminan hari                 employment, including the determination of salaries,
    tua dan penghasilan lain bagi pekerja Perseroan sesuai                    pensions, old-age benefits, and other income for
    dengan peraturan perundang-undangan yang berlaku dan                      the Company’s employees in accordance with the prevailing
    keputusan RUPS;                                                           laws and regulations and the resolutions of the GMS;
4. Mengangkat dan memberhentikan pekerja Perseroan                        4. Appointing and dismissing the Company’s employees
    berdasarkan peraturan Perseroan yang tunduk pada                          based on the Company’s regulations that are subject to
    peraturan perundang-undangan yang berlaku;                                applicable laws and regulations;
5. Mengangkat dan memberhentikan Sekretaris Perusahaan                    5. Appointing and dismissing the Corporate Secretary and/or
    Perseroan dan/atau kepala satuan pengawasan internal;                     head of the internal audit unit; and
    serta
6. Melakukan tindakan dan perbuatan hukum lainnya baik                    6. Taking other legal actions both regarding the management
    mengenai pengurusan maupun kepemilikan kekayaan                          and ownership of the Company’s assets, binding
    Perseroan, mengikat Perseroan dengan pihak lain                          the Company with other parties and/or vice versa in
    dan/atau pihak lain dengan Perseroan sesuai peraturan                    accordance with the applicable laws and regulations,
    perundang-undangan yang berlaku, Anggaran Dasar, dan                     the Articles of Association, and the GMS resolutions.
    keputusan RUPS.




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Pembagian Tugas dan Tanggung Jawab                                                Division of Duties and Responsibilities
Perseroan telah menetapkan pembagian tugas dan tanggung                           The Company has established the allocation of duties and
jawab masing-masing anggota Direksi berdasarkan Pedoman                           responsibilities for each member of the Board of Directors
Kerja Direksi dan Dewan Komisaris (Board Manual) yang berlaku                     based on the Board of Directors and Board of Commissioners
sejak November 2016. Struktur pembagian tersebut dirancang                        Manual (Board Manual), which has been in effect since
untuk memperkuat koordinasi di seluruh lini organisasi serta                      November 2016. This allocation structure is designed to
mendorong pengelolaan yang profesional, transparan, dan                           strengthen coordination across all organizational lines
berorientasi pada penerapan prinsip-prinsip GCG. Informasi                        and to promote professional, transparent management
mengenai pembagian tugas dan tanggung jawab antar                                 that adheres to the GCG principles. Information regarding
anggota Direksi diuraikan sebagai berikut:                                        the division of duties and responsibilities among
                                                                                  the members of the Board of Directors is described as follows:


                                                                                                                                 Departemen yang
 Nama dan Jabatan                                         Tugas dan Tanggung Jawab                                                  Dinaungi
 Name and Position                                        Duties and Responsibilities                                           Departments Under
                                                                                                                                   Supervision

 Lee Yan Gwan                1. Memimpin dan bertanggung jawab atas pengurusan Perseroan sesuai dengan                      1. Internal Auditor
 Direktur Utama                 maksud dan tujuan Perseroan.                                                                2. Pharmacovigilance
 President Director          2. Menetapkan arah strategis, kebijakan utama, dan rencana kerja Perseroan.
                             3. Mengoordinasikan dan mengawasi pelaksanaan tugas seluruh anggota Direksi.
                             4. Bertanggung jawab atas kinerja Perseroan secara keseluruhan.
                             5. Mewakili Perseroan di dalam dan di luar pengadilan sesuai dengan Anggaran Dasar.
                             6. Memastikan penerapan prinsip GCG.
                             7. Mengarahkan dan mengendalikan operasi Perseroan sejalan dengan kebijakan yang
                                ada untuk mencapai tujuan pertumbuhan dan profitabilitas.
                             1. Lead and be responsible for the management of the Company in accordance with
                                the Company’s purposes and objectives.
                             2. Determine the Company’s strategic direction, key policies, and work plans.
                             3. Coordinate and supervise the implementation of duties of all members of the Board of
                                Directors.
                             4. Be responsible for the overall Company’s performance.
                             5. Represent the Company in and outside the court in accordance with the Articles of
                                Association.
                             6. Ensure the implementation of GCG principles.
                             7. Direct and control the Company's operations in line with existing policies to achieve
                                growth and profitability goals.
 Yenfrino Gunadi             1. Memimpin, mengelola, dan mengendalikan direktorat umum untuk mencapai tujuan                1. Finance, Accounting, Tax
 Direktur                       Perseroan termasuk kepegawaian (Human Resources), Information Technology (IT),              2. HRD
 Director                       dan general affair.                                                                         3. IT
                             2. Memastikan penerapan tata kelola melalui pembinaan fungsi legal dan corporate               4. Legal
                                communication.                                                                              5. General Affairs
                             3. Memberikan masukan strategis guna meningkatkan kinerja dan daya saing Perseroan.            6. Corporate Communication
                             1. Lead, manage, and control the general directorate to achieve the Company's objectives,
                                including Human Resources, Information Technology (IT), and General Affairs.
                             2. Ensure the implementation of good governance by developing the legal and corporate
                                communications functions.
                             3. Provides strategic input to increase the Company’s performance and competitiveness.
 Bedjo Stefanus              1. Merencanakan strategi produksi sesuai dengan visi dan misi Perseroan.                       1. Plant Operation
 Direktur                    2. Memimpin, mengelola, dan mengendalikan Direktorat Produksi untuk mencapai tujuan            2. GMP Compliance
 Director                       Perseroan, termasuk menangani segala aspek kegiatan produksi terutama dalam                 3. Market Access
                                hal efisiensi dan optimalisasi utilisasi/penggunaan fasilitas produksi yang dimiliki
                                Perseroan, termasuk bertanggung jawab menyediakan produk yang bermutu sesuai
                                dengan kebutuhan Tim Pemasaran secara tepat waktu.
                             1. Plan production strategies in accordance with the Company's vision and mission.
                             2. Lead, manage, and control the Directorate of Production to achieve the Company's
                                objectives, including managing all aspects of production activities, particularly in
                                terms of efficiency and optimization of the utilization of the Company's production
                                facilities, including being responsible for providing quality products in accordance with
                                the Marketing Team's needs in a timely fashion.




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                                                                                                                             Departemen yang
  Nama dan Jabatan                                              Tugas dan Tanggung Jawab                                        Dinaungi
  Name and Position                                             Duties and Responsibilities                                 Departments Under
                                                                                                                               Supervision

 Antes Eko Prasetio*)           1. Merumuskan dan melaksanakan strategi komersial Perseroan, meliputi pemasaran,        1. Sales and Marketing
 Direktur                          penjualan, dan pengembangan usaha.                                                   2. Regulatory Affairs
 Director                       2. Meningkatkan pendapatan dan memperluas pangsa pasar Perseroan.                       3. Medical Affairs
                                3. Mengelola hubungan dengan pelanggan, mitra bisnis, dan pemangku kepentingan          4. Portfolio Planning
                                   komersial.                                                                           5. Marketing
                                4. Mengidentifikasi peluang usaha dan inovasi produk atau layanan.
                                5. Memastikan kegiatan komersial selaras dengan strategi dan kebijakan Perseroan.
                                6. Mengoordinasikan kegiatan fungsi medical and regulatory affairs untuk memastikan
                                   kepatuhan serta dukungan terhadap aktivitas komersial.
                                7. Memimpin pelaksanaan Divisi Aesthetic.
                                8. Merencanakan dan mengelola portofolio produk guna mendukung pertumbuhan dan
                                   daya saing Perseroan.
                                1. Develops and implements the Company’s commercial strategies, including marketing,
                                   sales, and business development.
                                2. Increases the Company’s revenue and expand its market share.
                                3. Manages relationships with customers, business partners, and commercial
                                   stakeholders.
                                4. Identifies business opportunities and innovations in products or services.
                                5. Ensures that commercial activities are aligned with the Company’s strategies and
                                   policies.
                                6. Coordinate Medical and Regulatory Affairs functions to ensure compliance and
                                   support commercial activities.
                                7. Lead the implementation of the Esthetic Division.
                                8. Plan and manage the product portfolio to support the Company’s growth and
                                   competitiveness.
 Sinta Lestari Ningsih*)        1. Mengelola dan mengawasi fungsi keuangan, akuntansi, perpajakan, dan pendanaan        1. Finance, Accounting, Tax
 Direktur                          Perseroan.                                                                           2. Purchasing
 Director                       2. Menyusun rencana keuangan, anggaran, dan Laporan Keuangan Perseroan.                 3. Payroll
                                3. Memastikan kepatuhan terhadap standar akuntansi, peraturan perpajakan, serta         4. Commercial Excellence
                                   ketentuan OJK dan regulator terkait.
                                4. Mengelola struktur permodalan, arus kas, dan risiko keuangan.
                                5. Menyediakan informasi dan analisis keuangan sebagai dasar pengambilan keputusan
                                   Direksi.
                                1. Manages and oversees the Company’s finance, accounting, taxation, and funding
                                   functions.
                                2. Prepares the Company’s financial plans, budgets, and Financial Statements.
                                3. Ensures compliance with accounting standards, tax regulations, as well as
                                   the provisions of OJK and other relevant regulators.
                                4. Manages the capital structure, cash flow, and financial risks.
                                5. Provides financial information and analysis as a basis for the Board of Directors’
                                   decision-making.

*) Efektif menjabat sejak ditutupnya RUPS Tahunan pada 18 Juni 2025.
*) Effective serves as of the closing of the Annual GMS on June 18, 2025.



Kewajiban                                                                          Obligations

Kewajiban Direksi meliputi hal-hal sebagai berikut:                                The obligations of the Board of Directors include the following:
1. Mengusahakan dan menjamin terlaksananya usaha dan                               1. Strive for and ensuring the implementation of
   kegiatan operasional Perseroan sesuai dengan maksud                                the Company’s business and operational activities in
   dan tujuan usaha Perseroan;                                                        accordance with the Company’s business purposes and
2. Membuat Daftar Pemegang Saham, Risalah RUPS, dan                                   objectives;
   Risalah Rapat Direksi;                                                          2. Prepare a List of Shareholders, Minutes of GMS, and
3. Membuat        Laporan      Tahunan      sebagai   wujud                           Minutes of the Board of Directors Meetings;
   pertanggungjawaban         pengurusan       dan  kegiatan                       3. Prepare an Annual Report as an accountability for
   operasional Perseroan dan laporan-laporan lainnya yang                             the Company’s management and operational activities and
   diwajibkan oleh instansi yang berwenang dan peraturan                              other reports required by the authorized institution and
   perundang-undangan yang berlaku untuk disahkan RUPS;                               the applicable laws and regulations to be ratified by
                                                                                      the GMS;
4. Menyiapkan susunan organisasi Perseroan lengkap dengan                          4. Prepare the Company’s organizational Structure complete
   rincian tugasnya;                                                                  with details of its duties;




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5. Memberikan penjelasan tentang segala hal yang ditanyakan                        5. Explain all matters asked or requested by the Board of
   atau yang diminta oleh Dewan Komisaris; serta                                      Commissioners; and
6. Menjalankan kewajiban-kewajiban lainnya yang diatur                             6. Carrying out other obligations as regulated in the Articles
   dalam anggaran dasar, keputusan RUPS, serta peraturan                              of Association, GMS resolutions, as well as applicable laws
   perundang-undangan yang berlaku.                                                   and regulations.



Rapat [ESG G-02]                                                                   Meetings [ESG G-02]

Rapat Direksi dilaksanakan secara berkala sekurang-kurangnya                       The Board of Directors holds meetings regularly, at least once
1 (satu) kali setiap bulan, serta rapat gabungan dengan                            a month, and joint meetings with the Board of Commissioners
Dewan Komisaris minimal 1 (satu) kali dalam 4 (empat) bulan.                       at least once every 4 (four) months. Throughout 2025, the
Sepanjang tahun 2025, Direksi telah melaksanakan rapat                             Board of Directors held 12 (twelve) internal meetings and 3
internal sebanyak 12 (dua belas) kali dan rapat gabungan                           (three) joint meetings with the Board of Commissioners, with
dengan Dewan Komisaris sebanyak 3 (tiga) kali, dengan                              the attendance frequency of each member of the Board of
frekuensi kehadiran masing-masing anggota Direksi dalam                            Directors in these meetings set out as follows:
rapat tersebut diuraikan sebagai berikut:


                                                                                                        Rapat Gabungan Dewan Komisaris
                                                              Rapat Internal Direksi                                dan Direksi
                                                        Board of Directors Internal Meeting        Joint Meeting of the Board of Commissioners
                                                                                                              and Board of Directors
       Nama                  Jabatan
       Name                  Position                                                Tingkat                                        Tingkat
                                                   Jumlah                                           Jumlah
                                                                                   Kehadiran                                      Kehadiran
                                                    Rapat            Kehadiran                       Rapat       Kehadiran
                                                                                   Attendance                                     Attendance
                                                    Total            Attendance                      Total       Attendance
                                                                                      Level                                          Level
                                                   Meeting                                          Meeting
                                                                                       (%)                                            (%)

                       Direktur Utama
 Lee Yan Gwan                                          12                   12        100,00            3              3              100,00
                       President Director
                       Direktur
 Yenfrino Gunadi                                       12                   12        100,00            3              3              100,00
                       Director
                       Direktur
 Bedjo Stefanus                                        12                   12        100,00            3              3              100,00
                       Director
 Antes Eko             Direktur
                                                       12                   6          50,00            3              2                66,67
 Prasetio*)            Director
 Sinta Lestari         Direktur
                                                       12                   6          50,00            3              2                66,67
 Ningsih*)             Director

*) Efektif menjabat sejak ditutupnya RUPS Tahunan pada 18 Juni 2025.
*) Effective serves as of the closing of the Annual GMS on June 18, 2025.



Agenda Rapat                                                                       Meeting Agenda
Sepanjang tahun 2025, agenda rapat internal Direksi                                Throughout 2025, the agenda of the Board of Directors internal
membahas terkait:                                                                  meetings covered, among others:
1. Rencana investasi dan ekspansi bisnis;                                          1. Investment and business expansion plans;
2. Strategi pengembangan serta peningkatan kualitas produk                         2. Development strategies and improvement of the quality
   yang dihasilkan, dibuat, atau didistribusikan oleh Perseroan;                       of products produced, manufactured, or distributed by the
                                                                                       Company;
3. Inovasi dalam pengembangan produk; serta                                        3. Innovation in product development; and
4. Optimalisasi kinerja dan pengembangan karyawan                                  4. Optimization of employee performance and development
   yang menjadi satu-kesatuan yang tidak terpisahkan dari                              as an integral part of the Company, as well as efforts to
   Perseroan, serta upaya penambahan sumber daya manusia                               increase Human Resources to strengthen the Company’s
   untuk memperkuat tim kerja Perseroan.                                               workforce.




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Pelaksanaan Tugas                                                      Implementation of Duties

Sepanjang tahun 2025, Direksi telah menjalankan tugas dan              Throughout 2025, the Board of Directors carried out its duties
tanggung jawab dengan profesional antara lain sebagaimana              and responsibilities in a professional manner, as described
diuraikan berikut:                                                     below:
1. Menyusun dan menyampaikan Laporan Pengelolaan                       1. Prepared and submitted the Company’s Management
    Perseroan kepada pemegang saham dalam pelaksanaan                      Report to the shareholders at the Annual GMS;
    RUPS Tahunan;
2. Melaksanakan RUPS Luar Biasa dan RUPS Tahunan;                      2. Held an Extraordinary GMS and an Annual GMS;
3. Melakukan pemeriksaan Laporan Keuangan Triwulanan                   3. Reviewed the Quarterly and Annual Financial Statements
    dan Tahunan bersama Unit Audit Internal dan auditor                   with the Internal Audit Unit and external auditors;
    eksternal;
4. Menyusun kebijakan dan strategi bisnis Perseroan;                   4. Developed Company’s policies and business strategies;
5. Melaksanakan rapat gabungan dengan Dewan Komisaris,                 5. Held joint meetings with the Board of Commissioners,
    serta meminta saran dan rekomendasi terkait kebijakan                 seeking advice and recommendations on the business
    dan strategi bisnis yang telah disusun; serta                         policies and strategies that have been developed; and
6. Melakukan penilaian kinerja terhadap Sekretaris                     6. Conducted performance assessment on the Corporate
    Perusahaan dan Unit Audit Internal.                                   Secretary and the Internal Audit Unit.



Pengembangan Kompetensi [ESG G-05]                                     Competency Development [ESG G-05]

Perseroan memfasilitasi program pengembangan kompetensi                The Company facilitates competency development programs
bagi Direksi guna memperluas wawasan dan pengetahuan,                  for members of the Board of Directors to broaden their insights
khususnya dalam menjalankan fungsi pengurusan dan                      and knowledge, particularly in carrying out their management
pengelolaan. Program tersebut dilaksanakan melalui berbagai            and supervisory functions. These programs are implemented
kegiatan seperti pelatihan, seminar, lokakarya, serta program          through a number of activities, including training sessions,
pengembangan profesional yang relevan dengan tugas dan                 seminars, workshops, and professional development programs
tanggung jawab Direksi. Sepanjang tahun 2025, anggota                  relevant to the duties and responsibilities of the Board of
Direksi tetap melakukan pengembangan kompetensi secara                 Directors. Throughout 2025, Board of Directors members
mandiri melalui pemantauan perkembangan regulasi, dinamika             continued to engage in independent competency development
industri, serta praktik pengelolaan Perseroan yang relevan guna        by monitoring regulatory developments, industry dynamics, and
mendukung pengambilan keputusan dan pelaksanaan fungsi                 relevant corporate management practices to support effective
pengurusan secara efektif.                                             decision-making and the execution of management functions.



Penilaian Kinerja Direksi dan                                          Performance Evaluation of
Organ Pendukung [ESG G-04] [GRI 2-18]                                  the Board of Directors and
                                                                       Supporting Organs [ESG G-04] [GRI 2-18]

Penilaian Kinerja Direksi                                              Performance Evaluation of the Board of Directors

Prosedur dan Pihak Penilai                                             Procedure and Assessors
Prosedur penilaian kinerja Direksi sama dengan Dewan                   The performance evaluation procedure of the Board of Directors
Komisaris, yaitu penilaian dilakukan secara kolegial melalui           is the same as that of the Board of Commissioners, whereby
metode self-assessment yang dilakukan oleh masing-masing               the evaluation is conducted collegially through a self-assessment
anggota. Evaluasi ini mengacu pada indikator kerangka                  method carried out by each member. This evaluation refers to
Balanced Scorecard untuk menilai efektivitas pelaksanaan               the Balanced Scorecard framework to assess the effectiveness
tugas dan tanggung jawab terkait pengurusan dan pengelolaan            of the performance of duties and responsibilities related to
Perseroan. Hasil penilaian disampaikan kepada pemegang                 the management and administration of the Company.
saham dalam RUPS Tahunan sebagai dasar pertimbangan                    The results of the evaluation are presented to the shareholders
dalam pengambilan keputusan dan tindak lanjut. Di sisi                 at the Annual GMS as a basis for consideration in decision-
lain, pemegang saham juga menilai kinerja Direksi secara               making and follow-up actions. In addition, the shareholders
kolektif melalui Laporan Pengurusan dan Pengelolaan yang               collectively assess the Board of Directors performance through
disampaikan dalam RUPS Tahunan.                                        the Management and Administration Report presented at
                                                                       the Annual GMS.



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    Good Corporate Governance                Sustainability Report




Kriteria Penilaian Kinerja                                           Performance Evaluation Criteria
Dalam proses evaluasi, Direksi dinilai berdasarkan kerangka          In the evaluation process, the Board of Directors is assessed
Balanced Scorecard yang mencakup 4 (empat) aspek utama,              based on the Balanced Scorecard framework, which
yaitu keuangan, konsumen (customer), proses bisnis internal,         encompasses 4 (four) main aspects: financial, customer,
serta pembelajaran dan pertumbuhan.                                  internal business processes, and learning and growth.


Hasil Penilaian                                                      Evaluation Results
Hasil evaluasi kinerja tahun 2025 menunjukkan bahwa Direksi          The results of the 2025 performance evaluation indicate that
telah melaksanakan tugas dan tanggung jawabnya secara                the Board of Directors has effectively carried out its duties and
efektif sesuai dengan Pedoman Kerja yang berlaku.                    responsibilities in accordance with the applicable Board Manual.


Penilaian Organ Pendukung Direksi                                    Assessment of the Supporting Organs of the Board of Directors
Pelaksanaan tugas dan tanggung jawab Direksi didukung oleh           The execution of the duties and responsibilities of the Board
2 (dua) organ pendukung, yaitu Sekretaris Perusahaan dan Unit        of Directors is supported by 2 (two) supporting organs, namely
Audit Internal. Kedua organ tersebut menjalani evaluasi kinerja      the Corporate Secretary and the Internal Audit Unit. Both
secara berkala untuk menilai pelaksanaan tugas dan tanggung          organs are subject to periodic performance evaluations to
jawab, sekaligus memberikan masukan untuk peningkatan                assess the execution of their duties and responsibilities, as well
efektivitas kinerja. Penilaian dilakukan berdasarkan kriteria        as to provide input for improving performance effectiveness.
yang berlaku umum, antara lain pelaksanaan tugas dan                 The evaluation is conducted based on generally accepted
tanggung jawab, tingkat kehadiran dan partisipasi dalam rapat,       criteria, including the fulfillment of duties and responsibilities,
ketepatan penyampaian laporan berkala, serta kualitas saran          the level of attendance and participation in meetings,
dan rekomendasi yang diberikan kepada Direksi.                       the timeliness of periodic report submissions, and the quality of
                                                                     advice and recommendations provided to the Board of Directors.


Sepanjang tahun 2025, Direksi menilai bahwa Sekretaris               Throughout 2025, the Board of Directors deemed that
Perusahaan dan Unit Audit Internal telah melaksanakan tugas          the Corporate Secretary and the Internal Audit Unit had performed
dan tanggung jawabnya dengan baik, profesional, dan sesuai           their duties and responsibilities properly, professionally, and in
dengan standar tata kelola yang berlaku.                             accordance with applicable governance standards.


Komite di Bawah Direksi                                              Committees Under the Board of Directors
Sampai dengan Desember 2025, Direksi belum memiliki komite           As of December 2025, the Board of Directors had not established
di bawah Direksi, sehingga tidak ada informasi terkait yang          any committees under its authority; therefore, no related information
diungkapkan dalam Laporan Tahunan dan Laporan Keberlanjutan ini.     is disclosed in this Annual Report and Sustainability Report.



Program Orientasi                                                    Orientation Program

Program orientasi bagi anggota Direksi yang baru menjabat            The orientation program for newly appointed members of
bertujuan untuk memberikan gambaran mengenai kondisi dan             the Board of Directors is intended to provide an overview of
rencana strategis Perseroan. Program orientasi ini bertujuan         the Company’s condition and strategic plans. This program
agar anggota Direksi yang baru diangkat dapat segera                 aims to ensure that newly appointed Directors can promptly
menyelaraskan tugas dan tanggung jawabnya dengan anggota             align their duties and responsibilities with those of other
lain dalam menjalankan kegiatan pengelolaan Perseroan.               members in carrying out the Company’s management activities.


Sepanjang tahun 2025, Perseroan menyelenggarakan program             Throughout 2025, the Company conducted an orientation
orientasi bagi Bapak Antes Eko Prasetio dan Ibu Sinta Lestari        program for Mr. Antes Eko Prasetio and Ms. Sinta Lestari
Ningsih yang diangkat sebagai Direksi, efektif sejak ditutupnya      Ningsih, who were appointed as members of the Board of
RUPS Tahunan pada 18 Juni 2025.                                      Directors, effective as of the closing of the Annual General
                                                                     Meeting of Shareholders on June 18, 2025.




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Transparansi Informasi tentang
Dewan Komisaris dan Direksi
Transparency of Information on the Board of Commissioners
and Board of Directors


Kebijakan Nominasi dan Remunerasi                                        Nomination and Remuneration Policy

Kebijakan Nominasi Dewan Komisaris dan Direksi                           Nomination Policy for the Board of Commissioners
[ESG G-06] [GRI 2-10]                                                    and Board of Directors [ESG G-06] [GRI 2-10]
Kebijakan nominasi bagi Dewan Komisaris dan Direksi                      The nomination policy for the Board of Commissioners and
ditetapkan untuk memastikan bahwa proses pemilihan dan                   the Board of Directors is established to ensure that the selection
pengangkatan dilaksanakan secara transparan, objektif, dan               and appointment processes are conducted in a transparent
berlandaskan prinsip keadilan, dengan mempertimbangkan                   and objective manner and based on the principle of fairness,
kompetensi, integritas, serta kesesuaian dengan kebutuhan                taking into account competence, integrity, and alignment with
Perseroan. Proses nominasi anggota Dewan Komisaris                       the Company’s needs. The nomination of members of the Board
merupakan kewenangan pemegang saham pengendali,                          of Commissioners falls under the authority of the controlling
sedangkan nominasi anggota Direksi dilaksanakan oleh Dewan               shareholder, while the nomination of members of the Board of
Komisaris melalui Fungsi Nominasi dan Remunerasi. Perseroan              Directors is carried out by the Board of Commissioners through
menilai setiap calon berdasarkan kriteria dan kualifikasi yang           the Nomination and Remuneration Function. The Company
telah ditetapkan, sebagai berikut:                                       assesses each candidate based on the predetermined criteria
                                                                         and qualifications, as follows:
1.    Integritas;                                                        1. Integrity;
2.    Dedikasi;                                                          2. Dedication;
3.    Pengalaman; serta                                                  3. Experience; and
4.    Pengetahuan di bidang usaha Perseroan.                             4. Knowledge in the Company’s line of business.


Kebijakan Remunerasi Dewan Komisaris                                     Remuneration Policy for the Board of
dan Direksi                                                              Commissioners and Board of Directors

Prosedur Remunerasi                                                      Remuneration Procedure
Remunerasi bagi Dewan Komisaris dan Direksi ditetapkan oleh              The remuneration of the Board of Commissioners and
pemegang saham melalui RUPS Tahunan, dengan berpedoman                   the Board of Directors is determined by the shareholders
pada hasil kajian, penilaian kinerja, serta rekomendasi dari             through the Annual GMS, with due regard to the results of
Fungsi Nominasi dan Remunerasi. Struktur, kebijakan, dan                 studies, performance evaluations, and recommendations from
besaran remunerasi yang diterima anggota Dewan Komisaris                 the Nomination and Remuneration Function. The remuneration
dan Direksi harus dievaluasi oleh Dewan Komisaris sebagai                structure, policies, and amount received by members of the
pelaksana Fungsi Nominasi dan Remunerasi paling kurang                   Board of Commissioners and the Board of Directors must
1 (satu) kali dalam 1 (satu) tahun.                                      be evaluated by the Board of Commissioners acting as the
                                                                         Nomination and Remuneration Function at least once a year.


Dasar Penetapan Remunerasi [GRI 2-20]                                    Basis for Remuneration Determination [GRI 2-20]
Dalam menetapkan remunerasi bagi Dewan Komisaris dan                     In determining the remuneration of the Board of Commissioners
Direksi, Perseroan senantiasa memperhatikan kebijakan                    and the Board of Directors, the Company consistently takes
internal dan ketentuan peraturan yang berlaku, dengan                    into account its internal policies and applicable regulatory
mempertimbangkan hal-hal berikut:                                        provisions, while considering the following factors:
1. Remunerasi yang berlaku pada industri sesuai dengan                   1. Remuneration applicable in the industry in accordance
    kegiatan usaha Perseroan dan sesuai dengan skala usaha                   with the Company’s business activities and aligned with
    dari Perseroan dalam industrinya serta kualifikasi dan                   the Company’s business scale within its industry, as well
    pengalaman kerja anggota Direksi dan Dewan Komisaris;                    as the qualifications and work experience of members of
                                                                             the Board of Directors and the Board of Commissioners;




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    Good Corporate Governance                            Sustainability Report




2. Tugas, tanggung jawab, dan wewenang anggota Direksi                                  2. Board of Directors and the Board of Commissioners members’
   dan Dewan Komisaris;                                                                    duties, responsibilities, and authorities of members;
3. Target kinerja atau kinerja masing-masing anggota Direksi                            3. Performance targets or performance of each member of
   dan/atau Dewan Komisaris; serta                                                         the Board of Directors and/or the Board of Commissioners;
                                                                                           and
4. Keseimbangan tunjangan antara yang bersifat tetap dan                                4. The balance of benefits between fixed and variable
   bersifat variabel.                                                                      allowances.


Struktur Remunerasi                                                                     Remuneration Structure
Perseroan menetapkan struktur remunerasi yang mencakup                                  The Company determines a remuneration structure comprising
gaji, honorarium, insentif, dan/atau tunjangan yang bersifat                            salaries, honoraria, incentives, and/or allowances, which may be
tetap dan/atau variabel. Besaran remunerasi ditentukan                                  fixed and/or variable in nature.The amount of remuneration is
berdasarkan indikator dan parameter yang disepakati bersama                             determined based on indicators and parameters mutually agreed
oleh Dewan Komisaris dan Direksi, dengan tetap mengacu                                  upon by the Board of Commissioners and the Board of Directors,
pada kebijakan remunerasi yang berlaku.                                                 with due reference to the applicable remuneration policy.


Besaran Remunerasi [GRI 2-19]                                                           Remuneration Amount [GRI 2-19]
Jumlah remunerasi yang dibayarkan oleh Perseroan kepada                                 The total remuneration paid by the Company to the Board of
Dewan Komisaris dan Direksi pada tahun 2025, diungkapkan                                Commissioners and the Board of Directors in 2025 is presented
sebagai berikut.                                                                        as follows.


                             Rentang Remunerasi
                                   (Bruto)                                                                               Jumlah
                             Remuneration Range                                                                           Total
                                   (Gross)

 Dewan Komisaris*)
 Board of Commissioners*)
 Di bawah Rp500 juta
                                                                                                                             3
 Below Rp500 million
 Di atas Rp500 juta
                                                                                                                             2
 Above Rp500 million
 Jumlah
                                                                                                                             5
 Total
 Direksi*) (termasuk Entitas Anak)
 Board of Directors*) (including Subsidiaries)
 Di bawah Rp1 miliar
                                                                                                                              -
 Below Rp1 billion
 Rp1 miliar – Rp2 miliar
                                                                                                                             7
 Rp1 billion – Rp2 billion
 Di atas Rp2 miliar
                                                                                                                             7
 Above Rp2 billion
 Jumlah
                                                                                                                             14
 Total
*) Termasuk anggota Dewan Komisaris dan Direksi sebelum perubahan susunan berdasarkan Akta No. 135/2025.
*) Including members of the Board of Commissioners and the Board of Directors prior to the change in composition based on Deed No. 135/2025.




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Remunerasi dalam Bentuk Opsi Saham                                                    Remuneration in the Form of Stock Options
Tidak terdapat remunerasi yang diberikan dalam bentuk saham                           There was no remuneration in the form of shares granted to
kepada Dewan Komisaris dan Direksi selama tahun 2025.                                 the Board of Commissioners and the Board of Directors
                                                                                      during 2025.



Hubungan Afiliasi Dewan Komisaris,                                                    Affiliate Relationships of the Board of
Direksi, serta Pemegang Saham Utama                                                   Commissioners, Board of Directors, and
dan Pengendali                                                                        Major and Controlling Shareholders

Perseroan menjamin transparansi atas hubungan afiliasi                                The Company ensures transparency regarding affiliation
antara Dewan Komisaris, Direksi, serta pemegang saham                                 relationships among the Board of Commissioners, the Board
utama dan pengendali guna mencegah terjadinya benturan                                of Directors, and the major and controlling shareholders
kepentingan serta memastikan penerapan prinsip-prinsip                                to prevent conflicts of interest and to ensure the objective
GCG secara objektif. Keterbukaan tersebut mencakup                                    application of GCG principles. This disclosure covers both
hubungan kekeluargaan maupun hubungan keuangan sebagai                                family and financial relationships as part of the Company’s
bentuk komitmen Perseroan terhadap prinsip transparansi.                              commitment to transparency. It also clarifies that the Board
Keterbukaan ini juga menjelaskan bahwa Dewan Komisaris dan                            of Commissioners and the Board of Directors carry out their
Direksi melaksanakan tugas dan tanggung jawabnya secara                               duties and responsibilities independently, guided by the conflict
independen dengan berpedoman pada kebijakan pengelolaan                               of interest management policy, with a focus on oversight and
benturan kepentingan, serta berfokus pada pengawasan                                  decision-making that is objective, accountable, and oriented
dan pengambilan keputusan yang objektif, akuntabel, dan                               toward the Company’s business sustainability.
berorientasi pada keberlanjutan usaha Perseroan.


Penjelasan mengenai hubungan afiliasi antara Dewan                                    The explanation of affiliation relationships among the Board
Komisaris, Direksi, serta pemegang saham utama dan                                    of Commissioners, the Board of Directors, and the major and
pengendali diuraikan sebagai berikut:                                                 controlling shareholders is presented as follows:


                                                Hubungan Keluarga dengan:                                   Hubungan Keuangan dengan:
                                                 Family Relationship with:                                   Financial Relationship with:

                                                                                 Pemegang                                                 Pemegang
                                                                                   Saham                                                    Saham
                                      Dewan
                                                                Direksi          Utama dan         Dewan Komisaris       Direksi          Utama dan
            Nama                    Komisaris
                                                               Board of          Pengendali           Board of          Board of          Pengendali
            Name                     Board of
                                                               Directors         Major and          Commissioners       Directors         Major and
                                  Commissioners
                                                                                 Controlling                                              Controlling
                                                                                Shareholders                                             Shareholders

                                    Ya          Tidak       Ya        Tidak     Ya      Tidak        Ya    Tidak      Ya      Tidak       Ya       Tidak
                                    Yes          No         Yes        No       Yes      No          Yes    No        Yes      No         Yes       No

 Dewan Komisaris
 Board of Commissioners
 Robby Yulianto                                    √                        √              √                 √                   √                    √
 Widjanarko
                                                   √                        √              √                 √                   √                    √
 Brotosaputro*)
 Charles D. Marpaung                               √                        √              √                 √                   √                    √
 Maura Linda Sitanggang                            √                        √              √                 √                   √                    √
 Direksi
 Board of Directors
 Lee Yan Gwan                                      √                        √              √                 √                   √         √
 Yenfrino Gunadi                                   √                        √              √                 √                   √                    √
 Bedjo Stefanus                                    √                        √              √                 √                   √                    √
 Antes Eko Prasetio*)                              √                        √              √                 √                   √                    √
 Sinta Lestari Ningsih*)                           √                        √              √                 √                   √                    √

*) Efektif menjabat sejak ditutupnya RUPS Tahunan pada 18 Juni 2025.
*) Effective serves as of the closing of the Annual GMS on June 18, 2025.




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    Good Corporate Governance                        Sustainability Report




Keberagaman Komposisi                                                           Diversity in the Composition of
Dewan Komisaris dan Direksi [ESG G-01]                                          the Board of Commissioners and
                                                                                Board of Directors [ESG G-01]

Perseroan memperhatikan aspek keberagaman dalam komposisi                       The Company considers diversity aspects in the composition
Dewan Komisaris dan Direksi sejak tahap awal proses nominasi                    of the Board of Commissioners and the Board of Directors
yang dilakukan oleh Fungsi Nominasi dan Remunerasi, dengan                      from the early stages of the nomination process conducted by
mempertimbangkan kondisi serta kebutuhan Perseroan. Aspek                       the Nomination and Remuneration Function, taking into
keberagaman tersebut mencakup latar belakang profesional,                       account the Company’s condition and needs. These
pengalaman, keahlian, dan kesetaraan gender. Keberagaman                        diversity   aspects      include   professional    background,
dalam susunan organ utama ini diharapkan dapat memperkuat                       experience, expertise, and gender equality. Diversity in
efektivitas fungsi pengawasan dan pengambilan keputusan,                        the composition of these main organs is expected to
sekaligus mencerminkan penerapan prinsip-prinsip GCG,                           strengthen the effectiveness of supervision and decision-
khususnya prinsip kewajaran dan kesetaraan. Informasi                           making functions, while also reflecting the implementation of
mengenai keberagaman komposisi Dewan Komisaris dan                              GCG principles, particularly fairness and equality. Information
Direksi diuraikan sebagai berikut:                                              regarding the diversity of the Board of Commissioners and
                                                                                the Board of Directors is presented as follows:

Keberagaman Dewan Komisaris
Board of Commissioners Diversity

    Nama dan Jabatan                                         Kualifikasi Akademik                                    Usia        Jenis Kelamin
    Name and Position                                       Academic Qualifications                                  Age            Gender

 Robby Yulianto                     Sarjana Ilmu Bisnis Internasional jurusan Manajemen, Auckland Institute of     44 tahun          Pria
 Komisaris Utama                    Business (2006).
 President Commissioner
                                    Bachelor of International Business majoring in Management from Auckland       44 years old       Male
                                    Institute of Business (2006).
 Widjanarko Brotosaputro*)          • Profesi Dokter, Universitas Tarumanagara (1991).                             60 tahun          Pria
 Komisaris                          • Magister Ilmu Internasional Manajemen, Prasetya Mulya Business School
 Commissioner                         (2002).
                                    • Medical Profession, Universitas Tarumanagara (1991).                        60 years old       Male
                                    • Master of International Management Science, Prasetya Mulya Business
                                      School (2002).
 Charles D. Marpaung                • Doktorandus Akuntan, Universitas Indonesia (1981).                           71 tahun          Pria
 Komisaris Independen               • Master of Business Administration (“MBA”) jurusan Business & Finance,
 Independent Commissioner             Pittsburg State University (1988).
                                    • Doctor of Philosophy (“PhD”) Monetary & International Finance, Oklahoma
                                      State University (1993).
                                    • Bachelor of Accountant from Universitas Indonesia (1981).                   71 years old       Male
                                    • Master of Business Administration (“MBA”) in Business & Finance,
                                      Pittsburg State University USA (1988).
                                    • Doctor of Philosophy (“PhD”) in Monetary & International Finance,
                                      Oklahoma State University USA (1993).
 Maura Linda Sitanggang             • Sarjana Farmasi, Institut Teknologi Bandung (1981).                          67 tahun         Wanita
 Komisaris Independen               • Apoteker, Institut Teknologi Bandung (1982).
 Independent Commissioner           • PhD, University of Bath UK (1988).
                                    • Bachelor of Pharmacy, Institut Teknologi Bandung (1981).                    67 years old      Female
                                    • Pharmacist, Institut Teknologi Bandung (1982).
                                    • PhD, University of Bath, UK (1988).




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Keberagaman Direksi
Board of Directors Diversity

  Nama dan Jabatan                                               Kualifikasi Akademik                                       Usia          Jenis Kelamin
  Name and Position                                             Academic Qualifications                                     Age              Gender

 Lee Yan Gwan                   Bachelor of Science in Commerce, Adventist University of the Philippines (1985).         63 tahun               Pria
 Direktur Utama                 Bachelor of Science in Commerce at Adventist University of the Philippines (1985).      63 years old            Male
 President Director

 Yenfrino Gunadi                Bachelor of Science in Business Administration, The Ohio State University-Fisher          40 tahun               Pria
 Direktur                       College of Business (2007).
 Director
                                Bachelor of Science in Business Administration at the Ohio State University- Fisher     40 years old            Male
                                College of Business (2007).
 Bedjo Stefanus                 Sarjana Ilmu Farmasi, Surabaya.                                                          62 tahun               Pria
 Direktur                       Bachelor of Pharmaceutical Sciences, Surabaya.                                          62 years old            Male
 Director

 Antes Eko Prasetio*)           Manajemen Bisnis, Universitas Katolik Atma Jaya dan Universitas Mercu Buana.             43 tahun               Pria
 Direktur                       Business Management, Universitas Katolik Atma Jaya and Universitas Mercu Buana.         43 years old            Male
 Director

 Sinta Lestari Ningsih*)        Pendidikan Ekonomi – Akuntansi, Universitas Tarumanagara.                                43 tahun              Wanita
 Direktur                       Majoring in Economy – Accounting, Universitas Tarumanagara.                             43 years old           Female
 Director

*) Efektif menjabat sejak ditutupnya RUPS Tahunan pada 18 Juni 2025.
*) Effective serves as of the closing of the Annual GMS on June 18, 2025.




Benturan Kepentingan Dewan Komisaris                                              Conflict of Interest Between
dan Direksi [ESG G-09] [GRI 2-15]                                                 the Board of Commissioners
                                                                                  and Board of Directors [ESG G-09] [GRI 2-15]

Perseroan senantiasa memperhatikan pengelolaan benturan                           The Company consistently pays attention to the management
kepentingan guna memastikan bahwa pelaksanaan tugas dan                           of conflicts of interest to ensure that the execution of duties and
tanggung jawab setiap organ utama berjalan secara profesional,                    responsibilities by each key organ is carried out professionally,
independen, dan objektif. Oleh karena itu, Dewan Komisaris dan                    independently, and objectively. Accordingly, the Board of
Direksi diharapkan senantiasa mengedepankan hal-hal berikut:                      Commissioners and the Board of Directors are expected to
                                                                                  consistently prioritize the following:
1. Dewan Komisaris dan Direksi selalu mengutamakan                                1. The Board of Commissioners and Board of Directors
   kepentingan Perseroan dan secara aktif menghindari                                 always prioritize the Company’s interests and actively
   segala bentuk benturan kepentingan yang dapat merugikan                            avoid any form of conflict of interest that could harm
   perusahaan;                                                                        the Company;
2. Demi menjaga objektivitas dalam pengambilan keputusan,                         2. To maintain objectivity in decision-making, the Board of
   Dewan Komisaris dan Direksi secara konsisten menghindari                           Commissioners and Board of Directors consistently avoid
   situasi yang dapat menimbulkan benturan kepentingan;                               situations that could lead to conflicts of interest;
3. Demi menjaga transparansi dan menghindari potensi konflik                      3. To maintain transparency and avoid potential conflicts
   kepentingan, seluruh anggota Dewan Komisaris dan Direksi                           of interest, all members of the Board of Commissioners
   diwajibkan untuk mengungkapkan secara lengkap segala                               and Board of Directors are required to fully disclose any
   bentuk hubungan yang dapat memengaruhi independensi                                relationships that could affect their independence and
   dan objektivitas dalam pengambilan keputusan; serta                                objectivity in decision-making; and
4. Dewan Komisaris dan Direksi berkomitmen untuk menjaga                          4. The Board of Commissioners and Board of Directors are
   transparansi dalam proses pengambilan keputusan. Oleh                              committed to maintaining transparency in the decision
   karena itu, segala potensi konflik akan diungkapkan secara                         making process. Therefore, any potential conflicts of
   terbuka kepada seluruh pemangku kepentingan.                                       interest will be disclosed openly to all stakeholders.




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Komite Audit
Audit Committee


Komite Audit merupakan organ pendukung Dewan Komisaris                      The Audit Committee is a supporting organ of the Board of
yang bertugas membantu pelaksanaan fungsi pengawasan                        Commissioners that has a duty in assisting the supervision
terhadap kinerja Direksi, serta memastikan pengelolaan                      of the Board of Directors’ performance and ensuring that
Perseroan berjalan sesuai prinsip GCG, nilai-nilai, etika, dan              the Company’s management is conducted in accordance
ketentuan yang berlaku. Selain itu, Komite Audit berperan dalam             with GCG principles, values, ethics, and applicable
memperkuat sistem pengendalian internal, meningkatkan                       regulations. In addition, the Audit Committee plays a role
transparansi pelaporan keuangan, dan menelaah efektivitas                   in strengthening the internal control system, improving
penugasan auditor eksternal.                                                the transparency of financial reporting, and reviewing
                                                                            the effectiveness of the external auditor’s engagement.



Pedoman Kerja                                                               Work Guidelines

Pelaksanaan tugas dan tanggung jawab Komite Audit                           The implementation of the duties and responsibilities of
berpedoman pada POJK No. 55/2015 tentang Pembentukan                        the Audit Committee refers to the POJK No. 55/2015 concerning
dan Pedoman Pelaksanaan Kerja Komite Audit.                                 the Establishment and Implementation Guidelines of the Audit
                                                                            Committee.



Komposisi dan Masa Jabatan                                                  Composition and Office Term

Sepanjang tahun 2025, terjadi perubahan keanggotaan                         Throughout 2025, there was a change in the Audit Committee
dalam Komite Audit dengan diangkatnya Bapak Vladimir                        composition with the appointment of Mr. Vladimir I. Pangemanan
I. Pangemanan dan Bapak Wiriprasto sebagai anggota                          and Mr. Wiriprasto as members of the Audit Committee,
Komite Audit yang efektif mulai 4 September 2025. Struktur                  effective from September 4, 2025. The structure of the Audit
keanggotaan Komite Audit tetap terdiri atas 1 (satu) Ketua,                 Committee continues to consist of 1 (one) Chairman, held by
yang dijabat oleh Komisaris Independen, yaitu Bapak Charles                 the Independent Commissioner, Mr. Charles D. Marpaung, and
D. Marpaung, serta 2 (dua) anggota independen yang memiliki                 2 (two) independent members with expertise in finance and
keahlian di bidang keuangan dan akuntansi. Masa jabatan                     accounting. The office term for Audit Committee members
anggota Komite Audit mengikuti masa jabatan Dewan                           follows the office term of the Board of Commissioners, which
Komisaris, yaitu selama 5 (lima) tahun dan dapat diangkat                   is 5 (five) years, and they may be reappointed for 1 (one)
kembali untuk 1 (satu) periode berikutnya. Komposisi Komite                 additional term. The composition of the Audit Committee is as
Audit Perseroan diuraikan sebagai berikut:                                  follows:


              Nama                        Jabatan                              Dasar Pengangkatan                           Periode Menjabat
              Name                        Position                             Basis of Appointment                           Office Term

 Charles D. Marpaung                                         Surat Keputusan Dewan Komisaris No. 002/PYFA-KOM/I/II/2025
                                                             tanggal 19 Februari 2025 tentang Perubahan Susunan Komite
                                    Ketua                    Audit.
                                                                                                                               2025–2030
                                    Chairman                 Board of Commissioners Decree No. 002/PYFA-KOM/I/II/2025
                                                             dated February 19, 2025 regarding Changes in the Composition
                                                             of the Audit Committee.
 Vladimir I. Pangemanan             Anggota                  Surat Keputusan Dewan Komisaris No. 006/PYFA-KOM/I/IX/2025
                                                                                                                               2025–2030
                                    Member                   tanggal 1 September 2025 tentang Pengangkatan Anggota
                                                             Komite Audit.
 Wiriprasto
                                    Anggota                  Board of Commissioners’ Decree No. 006/PYFA-KOM/I/IX/2025
                                                                                                                               2025–2030
                                    Member                   dated September 1, 2025, regarding the Change in the Audit
                                                             Committee Composition.




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Profil Anggota Komite Audit
Audit Committee Member Profile


    Charles D.                                                    Ketua Komite Audit
    Marpaung                                                      Chairman of the Audit Committee

    Warga Negara Indonesia, berusia 71 Tahun, berdomisili di Jakarta.
    Indonesian Citizen, 71 Years Old, domiciled in Jakarta.


          Dasar Pengangkatan / Legal Basis of Appointment:
          Beliau diangkat sebagai Ketua Komite Audit berdasarkan Surat Keputusan Dewan Komisaris No. 002/PYFA-KOM/I/II/2025 tanggal
          19 Februari 2025 tentang Perubahan Susunan Komite Audit.
          He was appointed as the Chairman of the Audit Committee based on Board of Commissioners Decree No. 002/PYFA-KOM/I/II/2025 dated
          February 19, 2025 regarding Changes in the Composition of the Audit Committee.

Profil beliau telah diungkapkan pada bab Profil Perusahaan, sub bab Profil Dewan Komisaris di dalam Laporan Tahunan dan Laporan Keberlanjutan ini.
His profile has been disclosed in the Company Profile chapter, under the Profile of the Board of Commissioners section in this Annual Report and
Sustainability Report.




    Vladimir I.
    Pangemanan
                                                                  Anggota Komite Audit
                                                                  Audit Committee Member

    Warga Negara Indonesia, berusia 58 Tahun, berdomisili di Jakarta.
    Indonesian Citizen, 58 Years Old, domiciled in Jakarta.


          Dasar Pengangkatan:                                                            Rangkap Jabatan di Perusahaan Lain
          Legal Basis of Appointment:                                                    per 31 Desember 2025:
          Pertama kali diangkat sebagai anggota Komite Audit                             Concurrent Positions in Other Companies as of
          berdasarkan Surat No. 006/PYFA-KOM/I/IX/2025.                                  December 31, 2025:
          He was first appointed as a member of the Audit                                Per 31 Desember 2025, beliau tidak memiliki rangkap
          Committee based on No. 006/PYFA-KOM/I/IX/2025.                                 jabatan pada perusahaan lain di luar grup usaha
                                                                                         Perseroan.
                                                                                         As of December 31, 2025, he did not hold any concurrent
          Riwayat Pendidikan / Sertifikasi:                                              positions in other companies outside the Company’s
          Educational Background / Certifications:                                       business group.
          Doktorandus Akuntan, Universitas Airlangga.
          Bachelor of Accounting, Airlangga University.                                  Hubungan Afiliasi:
                                                                                         Affiliation:
          Pengalaman Kerja:                                                              Per 31 Desember 2025, beliau tidak memiliki hubungan
          Work Experience:                                                               afiliasi dengan anggota Dewan Komisaris lainnya,
          Memiliki pengalaman lebih dari 30 (tiga puluh) tahun                           anggota Direksi, serta pemegang saham utama dan
          dalam bidang finansial dan akuntansi.                                          pengendali, baik langsung maupun tidak langsung,
          Has more than 30 (thirty) years of experience in                               sampai kepada pemilik individu.
          finance and accounting.                                                        As of December 31, 2025, he has no affiliation with
                                                                                         other members of the Board of Commissioners, Board
                                                                                         of Directors, or the major and controlling shareholders,
                                                                                         either directly or indirectly, up to the individual owner
                                                                                         level.




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    Wiriprasto                                                              Anggota Komite Audit
                                                                            Audit Committee Member

    Warga Negara Indonesia, berusia 55 Tahun, berdomisili di Jakarta.
    Indonesian Citizen, 55 Years Old, domiciled in Jakarta.



           Dasar Pengangkatan:                                                             Rangkap Jabatan di Perusahaan Lain
           Legal Basis of Appointment:                                                     per 31 Desember 2025:
           Pertama kali diangkat sebagai anggota Komite Audit                              Concurrent Positions in Other Companies as of
           berdasarkan Surat No. 006/PYFA-KOM/I/IX/2025.                                   December 31, 2025:
           He was first appointed as a member of the Audit                                 Per 31 Desember 2025, beliau tidak memiliki rangkap
           Committee based on No. 006/PYFA-KOM/I/IX/2025.                                  jabatan pada perusahaan lain di luar grup usaha
                                                                                           Perseroan.
                                                                                           As of December 31, 2025, he did not hold any concurrent
           Riwayat Pendidikan:                                                             positions in other companies outside the Company’s
           Educational Background:                                                         business group.
           • Sarjana Akuntansi, Universitas Advent Indonesia.
           • Master of Business Administration (“MBA”),
             University of Southern Queensland.                                            Hubungan Afiliasi:
           • Bachelor of Accounting, Advent Indonesia University.                          Affiliation:
           • Master of Business Administration (“MBA”),                                    Per 31 Desember 2025, beliau tidak memiliki hubungan
             University of Southern Queensland.                                            afiliasi dengan anggota Dewan Komisaris, anggota
                                                                                           Direksi, serta pemegang saham utama dan pengendali,
           Pengalaman Kerja:                                                               baik langsung maupun tidak langsung, sampai kepada
           Work Experience:                                                                pemilik individu.
           Memiliki pengalaman lebih dari 20 (dua puluh) tahun                             As of December 31, 2025, he has no affiliation with
           dalam bidang finansial dan akuntansi.                                           members of the Board of Commissioners, the Board of
           Has more than 20 (twenty) years of experience in                                Directors, or the major and controlling shareholders,
           finance and accounting.                                                         either directly or indirectly, up to the Individual
                                                                                           owner level.



Independensi                                                                     Independence

Independensi merupakan syarat utama bagi Komite Audit                            Independence is a fundamental requirement for the Audit
dalam menjalankan perannya. Setiap anggota wajib bersikap                        Committee in carrying out its role. Each member is required to
independen, objektif, dan profesional dalam melaksanakan                         act independently, objectively, and professionally in performing
tugasnya. Tingkat independensi Komite Audit dijamin melalui                      their duties. The Audit Committee’s independence is ensured
penunjukan Komisaris Independen Perseroan sebagai                                through the appointment of the Company’s Independent
Ketua Komite Audit, serta melalui pemenuhan aspek-aspek                          Commissioner as the Chairman of the Audit Committee, as well
independensi berikut:                                                            as by fulfilling the following independence aspects:


                               Aspek Independensi                                       Charles D.           Vladimir I.
                                                                                                                                    Wiriprasto
                                Indepence Aspect                                        Marpaung            Pangemanan

 Tidak memiliki hubungan afiliasi dengan pemegang saham utama atau
 pengendali Perseroan.                                                                       √                     √                     √
 Has no affiliation with the major and controlling shareholder.
 Tidak memiliki hubungan afiliasi dengan anggota Direksi dan/atau Dewan
 Komisaris Perseroan.
                                                                                             √                     √                     √
 Has no affiliation with members of the Board of Directors and/or Board of
 Commissioners.
 Tidak memiliki hubungan afiliasi dengan Perseroan.
                                                                                             √                     √                     √
 Has no affiliation with the Company.
 Bukan merupakan orang yang bekerja atau mempunyai wewenang dan tanggung
 jawab untuk merencanakan, memimpin, mengendalikan, atau mengawasi
 kegiatan Perseroan dalam waktu 6 (enam) bulan terakhir sebelum pertama kali
 ditunjuk sebagai Komisaris Independen.                                                      √                     √                     √
 Not a person who works or has the authority and responsibility to plan, lead,
 control, or supervise the activities of the Company within the last 6 (six) months
 before being appointed as Independent Commissioner for the first time.




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                             Aspek Independensi                                         Charles D.      Vladimir I.
                                                                                                                               Wiriprasto
                              Indepence Aspect                                          Marpaung       Pangemanan

 Tidak memiliki saham, baik langsung maupun tidak langsung, pada Perseroan.
                                                                                              √              √                      √
 Does not own shares either directly or indirectly in the Company.
 Tidak memiliki hubungan usaha, baik langsung maupun tidak langsung,
 yang berkaitan dengan kegiatan usaha Perseroan.
                                                                                              √              √                      √
 Does not have a business relationship, either directly or indirectly, related to
 the Company’s business activities.




Tugas dan Tanggung Jawab                                                      Duties and Responsibilities

Informasi mengenai tugas dan tanggung jawab Komite Audit                      Information regarding the duties and responsibilities of
diuraikan sebagai berikut:                                                    the Audit Committee is described as follows:
1. Melakukan penelaahan atas informasi keuangan yang                          1. Review financial information to be released by
    akan dikeluarkan Perseroan kepada publik dan/atau                             the Company to the public and/or regulatory authorities,
    pihak otoritas, antara lain Laporan Keuangan, proyeksi,                       including Financial Statements, projections, and other
    dan laporan lainnya terkait dengan informasi keuangan                         reports related to the Company’s financial information;
    Perseroan;
2. Melakukan penelaahan atas ketaatan terhadap peraturan                      2. Review compliance with laws and regulations related to
    perundang-undangan yang berhubungan dengan kegiatan                          the Company’s activities;
    Perseroan;
3. Memberikan pendapat independen dalam hal terjadi                           3. Provide independent opinions in cases of disagreement
    perbedaan pendapat antara manajemen dan akuntan atas                         between the Management and accountants regarding
    jasa yang diberikannya;                                                      the services provided;
4. Memberikan rekomendasi kepada Dewan Komisaris                              4. Provide recommendations to the Board of Commissioners
    mengenai penunjukan akuntan yang didasarkan pada                             regarding the appointment of accountants, based on
    independensi, ruang lingkup penugasan, dan imbalan jasa;                     independence, scope of engagement, and fees;
5. Melakukan penelaahan atas pelaksanaan pemeriksaan                          5. Review the implementation of internal audit activities and
    oleh auditor internal dan mengawasi pelaksanaan tindak                       supervise the follow-up actions taken by the Board of
    lanjut oleh Direksi Perseroan atas temuan auditor internal;                  Directors on internal audit findings;
6. Melakukan penelaahan terhadap aktivitas pelaksanaan                        6. Review the risk management activities carried out by
    manajemen risiko yang dilakukan oleh Direksi Perseroan;                      the Board of Directors;
7. Menelaah pengaduan yang berkaitan dengan proses                            7. Examine complaints related to the Company’s accounting
    akuntansi dan pelaporan keuangan Perseroan;                                  and financial reporting processes;
8. Menelaah dan memberikan saran kepada Dewan Komisaris                       8. Review and provide advice to the Board of Commissioners
    Perseroan terkait dengan adanya potensi benturan                             regarding potential conflicts of interest within
    kepentingan Perseroan; serta                                                 the Company; and
9. Menjaga kerahasiaan dokumen, data dan informasi                            9. Maintain the confidentiality of the Company’s documents,
    Perseroan.                                                                   data, and information.



Wewenang                                                                      Authorities

Dalam menjalankan fungsinya, Komite Audit diberikan                           In carrying out its functions, the Audit Committee is granted
sejumlah wewenang, yang diuraikan sebagai berikut:                            certain authorities, which are described as follows:
1. Memiliki hak memasuki halaman, bangunan, atau tempat                       1. Has the right to enter the premises, buildings, or other
    lainnya yang dipergunakan atau dikuasai Perseroan                             places used or controlled by the Company and examine all
    dan memeriksa semua catatan, pembukuan, dokumen                               records, books, and other administrative documents at any
    administratif lainnya setiap saat pada jam kerja;                             time during working hours;
2. Memiliki hak untuk meminta penjelasan Direksi atas                         2. Has the right to request explanations from the Board of
    semua pertanyaan Komite Audit sepanjang pertanyaan                            Directors regarding any questions of the Audit Committee
    tersebut sesuai tugas Komite Audit;                                           as long as the questions are within the scope of
                                                                                  the Committee’s duties;




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    Good Corporate Governance              Sustainability Report




3. Mendapatkan advis dan saran profesional dan independen               3. To obtain professional and independent advice and
   dari para ahli di luar Perseroan atas biaya Perseroan                   recommendations from experts outside the Company at
   sepanjang hal itu sesuai dengan dan dalam rangka                        the Company’s expense, as long as it is in accordance with
   melaksanakan tugasnya;                                                  and in the context of carrying out its duties;
4. Merekomendasikan penunjukan auditor eksternal;                       4. To recommend the appointment of external auditors;
5. Menelaah dan mengkaji Laporan Keuangan, termasuk                     5. To review and examine the Financial Statements, including
   Laporan Keuangan Interim dan Laporan Tahunan;                           Interim Financial Statements and the Annual Report;
6. Memastikan     kebijakan-kebijakan   Perseroan   patuh               6. To ensure the Company’s policies comply with capital
   pada peraturan perundang-undangan pasar modal dan                       market regulations and other applicable laws and
   peraturan perundang-undangan lainnya; serta                             regulations; and
7. Melakukan penyelidikan khusus yang masih dalam lingkup               7. To conduct special investigations within the scope of its
   tugasnya atas perintah Dewan Komisaris.                                 duties upon the instructions of the Board of Commissioners.



Rapat                                                                   Meetings

Komite Audit wajib melaksanakan rapat internal paling sedikit           The Audit Committee is required to hold internal meetings at
1 (satu) kali dalam 3 (tiga) bulan dan setiap waktu bila                least once every 3 (three) months and additionally whenever
dipandang perlu oleh Ketua Komite atau Dewan Komisaris                  deemed necessary by the Chairman of the Committee or
dan dihadiri ½ (setengah) anggota komite. Adapun tingkat                the Board of Commissioners, with at least 1/2 (half) of
kehadiran rapat Komite Audit sepanjang tahun 2025 diuraikan             the committee members in attendance. The attendance of
sebagai berikut:                                                        the Audit Committee meetings throughout 2025 is presented
                                                                        as follows:


                                                                                         Jumlah              Tingkat Kehadiran
                    Nama                    Jabatan                Jumlah Rapat
                                                                                       Kehadiran             Attendance Level
                    Name                    Position               Total Meeting
                                                                                    Total Attendance                (%)

                                       Ketua
 Charles D. Marpaung                                                    4                   4                      100,00
                                       Chairman
                                       Anggota
 Vladimir I. Pangemanan                                                 4                   4                      100,00
                                       Member
                                       Anggota
 Wiriprasto                                                             4                   4                      100,00
                                       Member




Agenda Rapat                                                            Meeting Agenda
Sepanjang tahun 2025, agenda rapat Komite Audit membahas                Throughout 2025, the agenda of the Audit Committee meetings
terkait:                                                                covered the following topics:
1. Menelaah efektivitas pelaksanaan audit internal serta                1. Reviewed the effectiveness of the implementation
    menyusun Rencana Kerja Audit untuk periode selanjutnya;                 of internal audit and prepare the Audit Work Plan for
                                                                            the subsequent period;
2. Mengkaji hasil audit auditor eksternal atas Laporan                  2. Reviewed the results of the external auditor’s audit of
   Keuangan tahun buku 2024;                                                the Financial Statements for the financial year 2024;
3. Merekomendasikan kepada Dewan Komisaris penunjukan                   3. Provided recommendation to the Board of Commissioners
   auditor eksternal untuk audit Laporan Keuangan per                       the appointment of an external auditor for the audit of
   31 Desember 2025; serta                                                  the Financial Statements as of December 31, 2025; and
4. Mengevaluasi implementasi manajemen risiko serta                     4. Evaluated the implementation of risk management and
   kepatuhan terhadap ketentuan hukum dan regulasi atas                     compliance with legal and regulatory provisions concerning
   isu-isu strategis Perseroan.                                             the Company’s strategic issues.




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Pelaksanaan Tugas                                                      Implementation of Duties

Sepanjang tahun 2025, Komite Audit telah menjalankan                   Throughout 2025, the Audit Committee carried out its duties
tugas dan tanggung jawab dengan profesional sebagaimana                and responsibilities professionally, as described below:
diuraikan berikut:
1. Menyelenggarakan rapat internal Komite Audit sebanyak               1. Held 4 (four) Audit Committee internal meetings;
    4 (empat) kali;
2. Mengawasi proses audit Laporan Keuangan Tahunan oleh                2. Supervised the audit process of the Annual Financial
    auditor eksternal;                                                    Statements by the external auditors;
3. Melakukan koordinasi dan diskusi bersama audit eksternal;           3. Coordinated and held discussions with external auditors;
4. Melaksanakan tugas khusus lainnya yang diberikan oleh               4. Carried out other special tasks assigned by the Board of
    Dewan Komisaris; dan                                                  Commissioners; and
5. Melakukan evaluasi berkala terhadap Laporan Manajemen               5. Conducted regular evaluations of the Monthly, Quarterly,
    Bulanan, Triwulanan, dan Tahunan.                                     and Annual Management Reports.



Pengembangan Kompetensi                                                Competency Development

Perseroan memfasilitasi program pengembangan kompetensi                The Company facilitates competency development programs
bagi anggota Komite Audit untuk memperluas wawasan dan                 for members of the Audit Committee to broaden their insights
pengetahuan, khususnya dalam menjalankan proses audit,                 and knowledge, particularly in carrying out the audit process and
serta meningkatkan kapabilitas dalam mengawasi penerapan               enhancing their capabilities in supervising the implementation
sistem pengendalian internal dan manajemen risiko. Program             of internal control systems and risk management. These
ini diselenggarakan melalui berbagai kegiatan, termasuk                programs are conducted through a number of activities,
pelatihan, seminar, lokakarya, dan program pengembangan                including training sessions, seminars, workshops, and other
profesional lainnya yang sesuai dengan tugas dan tanggung              professional development programs relevant to the duties and
jawab Komite Audit.                                                    responsibilities of the Audit Committee.


Sepanjang tahun 2025, anggota Komite Audit tidak mengikuti             Throughout 2025, members of the Audit Committee did
program pengembangan kompetensi yang secara khusus                     not participate in any competency development programs
diselenggarakan dengan topik tertentu. Namun demikian,                 specifically organized on particular topics. However, the Audit
Komite Audit tetap melakukan pengembangan kompetensi                   Committee continued to carry out self-directed competency
secara mandiri sesuai dengan kebutuhan masing-masing                   development in accordance with the individual needs of each
anggota.                                                               member.




Fungsi Nominasi dan Remunerasi
Nomination and Remuneration Function


Hingga akhir tahun 2025, Perseroan belum membentuk Komite              As of the end of 2025, the Company has not established
Nominasi dan Remunerasi dengan mempertimbangkan                        a Nomination and Remuneration Committee, taking into
kebutuhan, kompleksitas usaha, serta struktur organisasi               account the Company’s needs, business complexity,
yang ada. Sebagai alternatif mekanisme tata kelola, Perseroan          and existing organizational structure. As an alternative
memberikan mandat kepada Dewan Komisaris untuk                         governance mechanism, the Company mandates the Board of
menjalankan fungsi nominasi dan remunerasi sebagaimana                 Commissioners to carry out the nomination and remuneration
diatur dalam POJK No. 34/2014 tentang Komite Nominasi dan              functions as regulated under POJK No. 34/2014 concerning
Remunerasi bagi Emiten atau Perusahaan Publik. Penugasan               Nomination and Remuneration Committees for Issuers or
ini memastikan bahwa seluruh proses terkait penetapan,                 Public Companies. This assignment ensures that all processes
evaluasi, dan pengelolaan kebijakan nominasi dan remunerasi            related to the establishment, evaluation, and management
tetap berada dalam koridor regulasi yang berlaku.                      of nomination and remuneration policies remain within
                                                                       the applicable regulatory framework.




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Keputusan tersebut diambil untuk menjamin terselenggaranya        This decision is made to ensure that the nomination and
proses nominasi dan remunerasi yang transparan, objektif,         remuneration processes are conducted transparently,
dan berlandaskan prinsip-prinsip GCG. Melalui mekanisme           objectively, and based on GCG principles. Through this
ini, Dewan Komisaris menjalankan pengawasan secara efektif        mechanism, the Board of Commissioners effectively supervise
atas prosedur penunjukan dan pengembangan anggota                 the procedures for the appointment and development of
Dewan Komisaris serta Direksi, termasuk penetapan struktur        members of the Board of Commissioners and the Board
remunerasi yang proporsional dan kompetitif. Pendekatan ini       of Directors, including the determination of a proportional
menegaskan komitmen Perseroan untuk memastikan bahwa              and competitive remuneration structure. This approach
kebijakan remunerasi mendukung pencapaian tujuan jangka           underscores the Company’s commitment to ensuring that
panjang, mendorong kinerja yang bertanggung jawab, serta          remuneration policies support long-term objectives, promote
sejalan dengan strategi pertumbuhan berkelanjutan Perseroan.      responsible performance, and align with the Company’s
                                                                  sustainable growth strategy.



Pedoman Kerja                                                     Work Guidelines

Fungsi Nominasi dan Remunerasi menjalankan tugas                  The Nomination and Remuneration Function performs its duties
dan tanggung jawab merujuk POJK No. 34/2014, serta                and responsibilities in accordance with POJK No. 34/2014,
Surat Keputusan Dewan Komisaris PT Pyridam Farma Tbk              as well as the Decision of the Board of Commissioners of
No. 001/PYFA-KOM/I/II/2025 tentang Penetapan Pedoman              PT Pyridam Farma Tbk No. 001/PYFA-KOM/I/II/2025
Fungsi Nominasi dan Remunerasi PT Pyridam Farma Tbk.              concerning the Determination of Guidelines for the Nomination
                                                                  and Remuneration Function of PT Pyridam Farma Tbk.



Tugas dan Tanggung Jawab                                          Duties and Responsibilities

Informasi mengenai tugas dan tanggung jawab dari Fungsi           Information regarding the duties and responsibilities of
Nominasi dan Remunerasi diuraikan sebagai berikut:                the Nomination and Remuneration Function is described as
                                                                  follows:


Fungsi Nominasi                                                   Nomination Function
Dalam melaksanakan fungsi nominasi, Dewan Komisaris               In performing the nomination function, the Board of
memiliki tugas dan tanggung jawab sebagai berikut:                Commissioners has the following duties and responsibilities:
1. Melaksanakan penyusunan mengenai:                              1. To carry out the preparation of:
    a. Komposisi jabatan anggota Direksi dan/atau anggota            a. The composition of the Board of Directors and/or
       Dewan Komisaris;                                                  the Board of Commissioners members;
    b. Kebijakan dan kriteria yang dibutuhkan dalam proses           b. Policies and criteria required in the nomination
       nominasi; dan                                                     process; and
    c. Kebijakan evaluasi kinerja bagi anggota Direksi               c. Performance evaluation policies for members of
       dan/atau anggota Dewan Komisaris;                                 the Board of Directors and/or the Board of Commissioners.


2. Melakukan penilaian kinerja anggota Direksi dan/atau           2. To conduct performance evaluation of members of the
   anggota Dewan Komisaris berdasarkan tolak ukur yang               Board of Directors and/or the Board of Commissioners
   telah disusun sebagai bahan evaluasi;                             based on established benchmarks as evaluation materials;
3. Menyusun program pengembangan kemampuan anggota                3. To develop competency development programs for
   Direksi dan/atau anggota Dewan Komisaris; serta                   members of the Board of Directors and/or the Board of
                                                                     Commissioners; and
4. Memberikan usulan calon yang memenuhi syarat sebagai           4. To propose qualified candidates for the Board of Directors
   anggota Direksi dan/atau anggota Dewan Komisaris untuk            and/or Board of Commissioners to be submitted to
   disampaikan kepada RUPS.                                          the GMS.




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Fungsi Remunerasi                                                      Remuneration Function
Dalam melaksanakan fungsi remunerasi, Dewan Komisaris                  In performing the remuneration function, the Board of
memiliki tugas dan tanggung jawab untuk melaksanakan                   Commissioners has the duties and responsibilities to prepare
penyusunan mengenai:                                                   the following:
1. Struktur remunerasi bagi anggota Direksi dan/atau                   1. The remuneration structure for members of the Board of
    anggota Dewan Komisaris;                                               Directors and/or the Board of Commissioners;
2. Kebijakan atas remunerasi bagi anggota Direksi dan/atau             2. The remuneration policies for members of the Board of
    anggota Dewan Komisaris. serta                                         Directors and/or the Board of Commissioners; and
3. Besaran atas remunerasi bagi anggota Direksi dan/atau               3. The remuneration amounts for members of the Board of
    anggota Dewan Komisaris.                                               Directors and/or the Board of Commissioners.



Rapat                                                                  Meetings

Dewan Komisaris dalam menjalankan Fungsi Nominasi dan                  The Board of Commissioners, in carrying out the Nomination
Remunerasi wajib menyelenggarakan rapat dengan agenda                  and Remuneration Function, is required to hold meetings
tentang nominasi dan/atau remunerasi sesuai dengan peraturan           with agendas related to nomination and/or remuneration
perundang-undangan yang berlaku. Pelaksanaan rapat tersebut            in accordance with applicable laws and regulations. Such
dilakukan secara berkala paling kurang 1 (satu) kali dalam             meetings are held periodically, at least once every 4 (four)
4 (empat) bulan. Rapat hanya dapat diselenggarakan apabila             months. Meetings may only be convened if attended by a
dihadiri mayoritas dari jumlah anggota Dewan Komisaris serta           majority of the total members of the Board of Commissioners,
salah satu dari mayoritas anggota Dewan Komisaris tersebut             and at least one of the majority members present must be an
merupakan Komisaris Independen.                                        Independent Commissioner.


Sepanjang tahun 2025, pelaksanaan Fungsi Nominasi dan                  The implementation of the Nomination and Remuneration
Remunerasi dilakukan melalui Rapat Internal Dewan Komisaris.           Function throughout 2025 was carried out through Board of
                                                                       Commissioners Internal Meetings.


Pelaksanaan Tugas                                                      Implementation of Duties

Sepanjang tahun 2025, Fungsi Nominasi dan Remunerasi                   Throughout 2025, the Nomination and Remuneration Function
dijalankan secara baik dan profesional oleh Dewan Komisaris.           was carried out properly and professionally by the Board of
Fungsi ini meliputi pengusulan nominasi anggota baru Dewan             Commissioners. This function includes proposing nominations
Komisaris dan Direksi, serta pengajuan dan penetapan                   for new members of the Board of Commissioners and
remunerasi bagi kedua organ utama tersebut.                            the Board of Directors, as well as submitting and determining
                                                                       the remuneration for both key organs.



Sekretaris Perusahaan
Corporate Secretary

Sekretaris Perusahaan merupakan individu atau penanggung               The Corporate Secretary is an individual or head of a work
jawab unit kerja yang menjalankan fungsi kesekretariatan               unit responsible for carrying out the Company’s secretarial
perusahaan. Peran Sekretaris Perusahaan sangat penting dalam           functions. The role of the Corporate Secretary is crucial in
memperlancar koordinasi antara Dewan Komisaris dan Direksi,            facilitating coordination between the Board of Commissioners
sekaligus berfungsi sebagai penghubung antara Perseroan                and the Board of Directors, while also serving as a liaison
dengan pemegang saham dan pemangku kepentingan.                        between the Company and its shareholders and stakeholders.


Keberadaan Sekretaris Perusahaan juga memastikan                       The presence of the Corporate Secretary also ensures
pemenuhan seluruh ketentuan peraturan perundang-                       compliance with all applicable laws and regulations. As
undangan yang berlaku. Sebagai organ pendukung Direksi,                a supporting organ of the Board of Directors, the Corporate




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Sekretaris Perusahaan berkontribusi menjaga citra Perseroan               Secretary contributes to maintaining the Company’s image and
serta mewakili Direksi dalam setiap kegiatan komunikasi                   represents the Board of Directors in all external communication
eksternal, khususnya dengan regulator, investor, dan pemangku             activities, particularly with regulators, investors, and other
kepentingan lainnya.                                                      stakeholders.



Pedoman Kerja                                                             Work Guidelines

Sekretaris Perusahaan menjalankan peran, tugas, dan tanggung              The Corporate Secretary performs the roles, duties, and
jawab berpedoman pada POJK No. 35/2014 tentang Sekretaris                 responsibilities in accordance with POJK No. 35/2014
Perusahaan Emiten atau Perusahaan Publik.                                 concerning Corporate Secretaries of Issuers or Public
                                                                          Companies.



Profil Sekretaris Perusahaan                                              Corporate Secretary Profile

Sepanjang tahun 2025, tidak terdapat perubahan dalam jabatan              Throughout 2025, there was no change in the Corporate
Sekretaris Perusahaan. Jabatan tersebut tetap dipegang oleh               Secretary position. The position continued to be held by
Herdiasti Anggitya Dwisani, sebagaimana ditetapkan dalam                  Herdiasti Anggitya Dwisani, as stipulated in the Board of
Surat Keputusan Direksi No. 109/PYFADIR/E/VIII/2024 tentang               Directors’ Decree No. 109/PYFADIR/E/VIII/2024 concerning
Pemberhentian dan Pengangkatan Sekretaris Perusahaan                      the Dismissal and Appointment of the Corporate Secretary
tertanggal 20 Agustus 2024 (“Surat No. 109/2024”). Informasi              dated August 20, 2024 (“Decree No. 109/2024”). The complete
lengkap mengenai profil Sekretaris Perusahaan diuraikan                   profile of the Corporate Secretary is presented as follows:
sebagai berikut:




    Herdiasti
    Anggitya Dwisani                                                              Sekretaris Perusahaan
                                                                                  Corporate Secretary

    Warga Negara Indonesia, berusia 32 Tahun, berdomisili di Jakarta.
    Indonesian Citizen, 32 Years Old, domiciled in Jakarta.


           Dasar Pengangkatan:                                                      Rangkap Jabatan di Perusahaan Lain
           Legal Basis of Appointment:                                              per 31 Desember 2025:
           Surat No. 109/2024.                                                      Concurrent Positions in Other Companies as of
           Decree No. 109/2024.                                                     December 31, 2025:
                                                                                    Per 31 Desember 2025, beliau tidak memiliki rangkap jabatan
           Riwayat Pendidikan:                                                      pada perusahaan lain di luar grup usaha Perseroan.
           Educational Background:
                                                                                    As of December 31, 2025, he did not hold any concurrent
           •    Sarjana Hukum, Universitas Katolik Atma Jaya (2015).                positions in other companies outside the Company’s
           •    Magister Ilmu Hukum, Universitas Pelita Harapan                     business group.
                (2025).
           •    Bachelor of Laws, Universitas Katolik Atma Jaya (2015).
                                                                                    Hubungan Afiliasi:
           •    Master of Laws, Universitas Pelita Harapan (2025).
                                                                                    Affiliation:
                                                                                    Beliau tidak memiliki hubungan afiliasi dengan anggota
           Pengalaman Kerja:
                                                                                    Dewan Komisaris, anggota Direksi, serta pemegang saham
           Work Experience:
                                                                                    utama dan pengendali, baik langsung maupun tidak langsung,
           •    Konsultan Hukum HWMA Law Firm (2016–2018).                          sampai kepada pemilik individu.
           •    Konsultan Hukum Leks & Co Lawyers (2020).
                                                                                    He has no affiliate relationships with members of the Board of
           •    Legal Consultant at HWMA Law Firm (2016–2018).                      Commissioners, members of the Board of Directors, or major
           •    Legal Consultant at Leks & Co Lawyers (2020).                       and controlling shareholders, either directly or indirectly, up to
                                                                                    the individual owners.




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Tugas dan Tanggung Jawab                                               Duties and Responsibilities

Tugas dan tanggung jawab yang dijalankan oleh Sekretaris               The duties and responsibilities carried out by the Corporate
Perusahaan berkaitan dengan hal-hal sebagai berikut:                   Secretary are related to the following:
1. Mengikuti perkembangan pasar modal khususnya                        1. Following the update of the capital market, particularly for
    peraturan perundang-undangan yang berlaku di bidang                   the prevailing laws and regulations in the capital market
    pasar modal;                                                          sector;
2. Memberikan masukan kepada Dewan Komisaris                           2. Providing advice to the Board of Directors and the Board
    dan Direksi untuk mematuhi ketentuan peraturan                        of Commissioners to comply with the provisions of
    perundang-undangan di bidang pasar modal;                             the prevailing laws and regulations in the capital market
                                                                          sector;
3. Membantu Dewan Komisaris dan Direksi dalam                          3. Assisting the Board of Directors and the Board of
   pelaksanaan GCG, yang meliputi:                                        Commissioners in the GCG implementation, including:
   a. Keterbukaan informasi kepada masyarakat, termasuk                   a. Disclosure of information to the public, including
       ketersediaan informasi pada situs web Emiten atau                      the availability of information on the Issuer or public
       Perusahaan Publik;                                                     Company website;
   b. Penyampaian laporan kepada OJK tepat waktu;                         b. Timely submission of reports to the OJK;
   c. Penyelenggaraan dan dokumentasi RUPS;                               c. Organizing and documenting the GMS;
   d. Penyelenggaraan dan dokumentasi rapat Direksi                       d. Organizing and documenting the Board of Directors
       dan/atau Dewan Komisaris; dan                                          and/or Board of Commissioners meetings; and
   e. Pelaksanaan program orientasi terhadap perusahaan                   e. Implementation of an orientation program for the Board
       bagi Direksi dan/atau Dewan Komisaris apabila                          of Directors and/or Board of Commissioners if there
       terdapat anggota Direksi dan/atau Dewan Komisaris                      are new members of the Board of Directors and/ or
       yang baru;                                                             the Board of Commissioners;
4. Menjadi penghubung Perseroan dengan pemegang saham                  4. Become the liaison between the Company and
   Perseroan atau perusahaan publik, OJK, dan pemangku                    the shareholders of the Company or other public
   kepentingan lainnya;                                                   companies, OJK, and other stakeholders;
5. Melaksanakan program orientasi perusahaan bagi Direksi              5. Implementation of an orientation program for the Board of
   dan/atau Dewan Komisaris;                                              Directors and/or Board of Commissioners;
6. Menata-usahakan serta menyimpan dokumen dan                         6. Administer and store documents and maintain
   menjaga rahasia dokumen Perseroan; serta                               the confidentiality of Company documents; and
7. Memberikan pelayanan kepada masyarakat atau                         7. Provide services to the public or stakeholders for
   stakeholder atas informasi yang dibutuhkan pemodal yang                information needed by investors relating to the Company’s
   berkaitan dengan kondisi Perseroan, termasuk Laporan                   condition, including (Audited) Annual Financial Statements;
   Keuangan Tahunan (Audited); Laporan Kinerja Perusahaan                 Annual Company Performance Report (Annual Report); and
   Tahunan (Annual Report); dan Informasi Fakta Material.                 Material Facts and Information.



Pelaksanaan Tugas                                                      Implementation of Duties

Sepanjang tahun 2025, Sekretaris Perusahaan telah                      Throughout 2025, the Corporate Secretary has carried out
menjalankan peran, serta tugas dan tanggung jawab dengan               the roles, duties, and responsibilities properly and professionally
baik dan profesional sebagaimana diuraikan berikut:                    as described below:
1. Melakukan korespondensi dengan OJK dan BEI sebagai                  1. Corresponding with OJK and IDX (BEI) as capital market
    regulator pasar modal;                                                  regulators;
2. Menyampaikan perkembangan komunitas investor kepada                 2. Conveyed information on the development of the investor
    Direksi;                                                                community to the Board of Directors;
3. Menyampaikan        perkembangan     Perseroan    kepada            3. Conveyed information on the Company’s development to
    masyarakat melalui keterbukaan informasi (termasuk pada                 the public through disclosure of information (including on
    situs web Perseroan) dan melayani permintaan informasi                  the Company’s website) and administering information
    dari media dan masyarakat;                                              requests from the media and the public;




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4. Menyampaikan Laporan Tahunan dan Laporan Keberlanjutan,                  4. Submitted the Annual Report and Sustainability Report,
   Laporan Keuangan Triwulan, Laporan Keuangan Tahunan,                        Quarterly Financial Statements, Annual Financial
   dan laporan-laporan berkala lainnya kepada OJK dan BEI;                     Statements, and other periodic reports to the OJK and IDX;
5. Memperbarui informasi situs web Perseroan secara                         5. Updated the Company’s website information regularly
   berkala selama tahun 2025;                                                  throughout 2025;
6. Menyelenggarakan RUPS Tahunan selama tahun 2025;                         6. Held Annual GMS throughout 2025;
7. Mendokumentasikan pelaksanaan rapat internal Dewan                       7. Documented the internal meetings of the Board of
   Komisaris, Direksi, organ pendukung, serta rapat gabungan                   Commissioners, Board of Directors, supporting organs,
   Dewan Komisaris dan Direksi; serta                                          and joint meetings of the Board of Commissioners and
                                                                               Board of Directors; and
8. Mengadakan Paparan Publik, konferensi pers, pertemuan,                   8. Organized Public Expose, press conferences, meetings,
   dan peliputan media.                                                        and media coverage.



Pengembangan Kompetensi                                                     Competency Development

Perseroan memberikan kesempatan kepada Sekretaris                           The Company provides the Corporate Secretary with
Perusahaan untuk memperluas informasi, wawasan, dan                         opportunities to expand information, insights, and up-to-
pengetahuan terkini mengenai bisnis Perseroan, keuangan,                    date knowledge regarding the Company’s business, finance,
ekonomi, serta aspek lain yang mendukung pelaksanaan tugas                  economy, and other aspects that support the performance of her
dan tanggung jawabnya melalui program pengembangan                          duties and responsibilities through competency development
kompetensi. Program ini dilaksanakan melalui berbagai                       programs. These programs are conducted through a number of
kegiatan, termasuk pelatihan, seminar, lokakarya, dan program               activities, including training sessions, seminars, workshops, and
pengembangan profesional lainnya. Sepanjang tahun 2025,                     other professional development programs. Throughout 2025,
Sekretaris Perusahaan telah mengikuti berbagai kegiatan                     the Corporate Secretary participated in various competency
pengembangan kompetensi sebagaimana diuraikan berikut:                      development activities, as presented below:


                         Topik                                       Penyelenggara                   Tempat                 Tanggal
                         Topic                                         Organizer                     Platform                Date

 ESG Metrics Reporting pada Form E020                  Bursa Efek Indonesia (“BEI”)                    Online           22 Januari 2025
 Penyampaian Laporan Tahunan dan Keberlanjutan         Indonesia Stock Exchange (“IDX”).                                January 22, 2025
 di SPE-IDXnet
 ESG Metrics Reporting in Form E020 for the
 Submission of Annual and Sustainability Reports in
 SPE-IDXnet

 • Webinar Penyegaran POJK bagi Emiten                 Asosiasi Emiten Indonesia (“AEI”) dan OJK       Online           23 Januari 2025
   Perusahaan Publik-Series 4: Aksi Korporasi          The Indonesian Public Listed Companies                           January 23, 2025
 • Pembahasan Mengenai Stock Split dan Buyback         Association (“AEI”) and OJK
   Saham
 • POJK Refresher Webinar for Issuers and Public
   Companies – Series 4: Corporate Actions
 • Discussion on Stock Split and Share Buyback

 Sosialisasi POJK No. 45 Tahun 2024                    OJK                                             Online            6 Februari 2025
 Dissemination of POJK No. 45 of 2024                                                                                    February 6, 2025

 Focused Group Discussion: Kebijakan Bidang            Sinar Mas Land                                  Online           25 Februari 2025
 Kesehatan di KEK                                                                                                       February 25, 2025
 Focused Group Discussion: Health Sector Policies in
 Special Economic Zones (SEZ)




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                       Topik                                         Penyelenggara                      Tempat                    Tanggal
                       Topic                                           Organizer                        Platform                   Date

Kesiapan Perusahaan dalam Menghadapi Volatilitas       Indonesia Corporate Secretary Association          Online                20 Mei 2025
Pasar Global: Perspektif Investor Relations dan        (“ICSA”)                                                                 May 20, 2025
Corporate Secretary
Corporate Readiness in Facing Global Market
Volatility: Perspectives from Investor Relations and
Corporate Secretary

Technical Training for Corporate Preparers:            ASEAN Capital Markets Forum (“ACMF”)               Online                28 Mei 2025
• Understanding Sustainability-Related Risks &         dan / and International Sustainability                                   May 28, 2025
  Opportunities & Disclosure of Material Information   Standards Board (“ISSB”)
• Proportionality Mechanisms and Transition
  Reliefs In IFRS S1 And IFRS S2 and How They
  Underpin Effective Implementation

Navigating the Future: ESG Leadership Amid             AEI                                         Kempinski, Jakarta           2 Juni 2025
Uncertainty for a Resilient Capital Market                                                                                      June 2, 2025

Pendalaman POJK No. 14 Tahun 2019 tentang              ICSA                                               Online               17 Juni 2025
Perubahan atas POJK No. 32 Tahun 2015 tentang                                                                                  June 17, 2025
Penambahan Modal Perusahaan Terbuka Dengan
Memberikan Hak Memesan Efek Terlebih Dahulu
In-depth Review of POJK No. 14 of 2019 concerning
Amendments to POJK No. 32 of 2015 regarding
Capital Increase of Public Companies with
Pre-emptive Rights

Sosialisasi POJK No. 9 Tahun 2025 tentang              OJK                                                Online               19 Juni 2025
Dematerialisasi Efek Bersifat Ekuitas dan                                                                                      June 19, 2025
Pengelolaan Aset yang tidak Diklaim di Pasar Modal
Dissemination of POJK No. 9 of 2025 concerning
the Dematerialization of Equity Securities and the
Management of Unclaimed Assets in the Capital
Market

Seminar Emiten 2025 tentang Navigating Global          PT Kustodian Sentral Efek Indonesia         Ritz Carlton, Jakarta         8 Juli 2025
Uncertainties: The Resilience of Indonesia’s           (“KSEI”)                                                                  July 8, 2025
Economic and Financial Systems
Issuer   Seminar    2025:    Navigating Global
Uncertainties: The Resilience of Indonesia’s
Economic and Financial Systems

Sosialisasi POJK No. 14 Tahun 2024 tentang             AEI dan OJK                                        Online                31 Juli 2025
Pelaksanaan eRUPS, e-RUPO dan e-RUPSu                                                                                           July 31, 2025
Dissemination of POJK No. 14 Year 2024 concerning
the Implementation of e-GMS, e-RUPO, and e-RUPSu

Navigating Management in Challenging Times:            Armand Yapsunto Muharamsyah &                 Generali Tower,          20 Agustus 2025
VUCA                                                   Partners (AYMP)                              Penthouse Floor,          August 20, 2025
                                                                                                       Gran Rubina
                                                                                                      Business Park,
                                                                                                   Jl. HR Rasuna Said,
                                                                                                      Jakarta 12940
Sosialisasi   SEOJK      No.    10/SEOJK.04/2025:      AEI dan OJK                                        Online              28 Agustus 2025
Penyampaian Laporan Kepemilikan atau Perubahan                                                                                August 28, 2025
Kepemilikan Saham & Aktivitas Menjaminkan Saham
Perusahaan Terbuka secara Elektronik
Dissemination of SEOJK No. 10/SEOJK.04/2025:
Electronic Submission of Reports on Share
Ownership or Changes in Share Ownership and
Share Pledging Activities of Public Companies




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                         Topik                                       Penyelenggara                     Tempat                  Tanggal
                         Topic                                         Organizer                       Platform                 Date

 Gateway to Asia: Unlocking Capital Market Synergies   AEI dan HK Invest & HK Stock Exchange            Hong Kong          18 September 2025
 Between Hong Kong and Indonesia Seminar “Review       AEI and HK Invest & HK Stock Exchange          Economic and         September 18, 2025
 of 2025-Planning for the Next Chapter of Growth |                                                     Trade Office,
 What Indonesian Corporates Can Consider When                                                         Jakarta, World
 Tapping Into The Hong Kong Capital Market”                                                        Trade Center II, 19th
                                                                                                    Floor, Jl. Jenderal
                                                                                                        Sudirman
 Beyond The Deal:                                      AEI dan Komisi Pengawas Persaingan           Main Hall Bursa         6 Oktober 2025
 Navigasi Strategi Merger dan Akuisisi serta           Usaha (KPPU)                                  Efek Indonesia,        October 6, 2025
 Kepatuhan Regulasi Persaingan Usaha bagi              AEI and the Business Competition                 Jakarta
 Pertumbuhan yang Lebih Inklusif                       Supervisory Commission (KPPU)                Main Hall of the
 Beyond The Deal:                                                                                   Indonesia Stock
 Navigating Merger and Acquisition Strategies as                                                   Exchange, Jakarta
 well as Compliance with Business Competition
 Regulations for More Inclusive Growth

 Pendalaman POJK No. 42 Tahun 2020 tentang             ICSA                                               Online           2 Desember 2025
 Transaksi Afiliasi dan Transaksi Benturan                                                                                 December 2, 2025
 Kepentingan
 In-depth Review of POJK No. 42 of 2020 concerning
 Affiliated Transactions and Conflict of Interest
 Transactions

 Human Rights Due Diligence                            Global Reporting Initiative, AEI, dan BEI          Online           9 Desember 2025
                                                       Global Reporting Initiative, AEI, and IDX                           December 9, 2025
 • Sosialisasi Laporan Kepemilikan dan Perubahan       KSEI dan OJK                                       Online           19 Desember 2025
   Kepemilikan Saham serta Aktivitas Menjaminkan                                                                           December 19, 2025
   Saham
 • Ketentuan Pelaporan Kepemilikan atau Setiap
   Perubahan Kepemilikan Saham Perusahaan
   Terbuka dan Laporan Aktivitas Menjaminkan
   Saham Perusahaan Terbuka
 • Dissemination on Share Ownership and Changes
   in Share Ownership Reports as well as Share
   Pledging Activities
 • Provisions on Reporting Share Ownership or Any
   Changes in Share Ownership of Public Companies
   and Reporting Share Pledging Activities of Public
   Companies




Unit Audit Internal
Internal Audit Unit


Unit Audit Internal merupakan organ pendukung Direksi yang                     The Internal Audit Unit is a supporting organ of the Board
bertugas dan bertanggung jawab dalam menerapkan sistem                         of Directors, responsible for implementing the Company’s
pengendalian internal Perseroan. Unit ini bertujuan membantu                   internal control system. The Unit has a purpose to assist
manajemen merealisasikan tujuan dan sasaran perusahaan                         the Management in achieving the Company’s objectives and
melalui pemeriksaan atas kecukupan dan pelaksanaan                             targets by examining the adequacy and implementation of
proses pengendalian internal, manajemen risiko, serta tata                     internal control processes, risk management, and corporate
kelola perusahaan. Unit ini juga berfungsi mengidentifikasi                    governance. It also has a function to identify system
kelemahan sistem, memberikan rekomendasi perbaikan, serta                      weaknesses, provide improvement recommendations, and
meningkatkan transparansi dan akuntabilitas.                                   improve transparency and accountability.




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Pedoman Kerja                                                          Working Guidelines

Pelaksanaan tugas dan tanggung jawab Unit Audit Internal               The implementation of duties and responsibilities of
merujuk pada Piagam Audit Internal yang dibentuk                       the Internal Audit Unit refers to the Internal Audit Charter,
berdasarkan POJK No. 56/2015 tentang Pembentukan dan                   established in accordance with POJK No. 56/2015 concerning
Pedoman Penyusunan Piagam Unit Audit Internal. Piagam                  the Establishment and Guidelines for the Preparation of
tersebut membahas mengenai:                                            the Internal Audit Unit Charter. The Charter covers the following:
1. Dasar Hukum;                                                        1. Legal Basis;
2. Tujuan;                                                             2. Objectives;
3. Struktur dan Kedudukan Unit Audit Internal;                         3. Internal Audit Unit Structure and Position;
4. Tugas dan Tanggung Jawab Unit Audit Internal;                       4. Internal Audit Unit Duties and Responsibilities;
5. Wewenang Unit Audit Internal;                                       5. Internal Audit Unit Authorities;
6. Kode Etik Unit Audit Internal;                                      6. Internal Audit Unit Code of Conduct;
7. Persyaratan Auditor Internal; serta                                 7. Internal Auditors Requirements; and
8. Persyaratan lain-lain.                                              8. Other requirements.



Struktur dan Kedudukan                                                 Structure and Position

Berikut penjelasan terkait struktur dan kedudukan Unit Audit           The explanation of the structure and position of the Internal
Internal di dalam Perseroan:                                           Audit Unit within the Company are as follows:
1. Unit Audit Internal dipimpin oleh seorang Kepala/Ketua              1. The Internal Audit Unit is led by a Head of the Internal Audit
    Unit Audit Internal;                                                  Unit;
2. Ketua Unit Audit Internal diangkat dan diberhentikan oleh           2. The Head of the Internal Audit Unit is appointed and
    Direktur Utama atas persetujuan Dewan Komisaris;                      dismissed by the President Director with the approval of
                                                                          the Board of Commissioners;
3. Direktur Utama dapat memberhentikan Ketua Unit Audit                3. The President Director may dismiss the Head of
   Internal atas persetujuan Dewan Komisaris, apabila Ketua               the Internal Audit Unit with the approval of the Board of
   Unit Audit internal, tidak memenuhi persyaratan sebagai                Commissioners if they do not meet the qualifications as
   auditor internal seperti diatur dalam piagam dan/atau                  an internal auditor as stipulated in the charter and/or fails
   gagal dan/atau tidak cakap dalam menjalankan tugasnya;                 and/or is incompetent in performing their duties;
4. Ketua Unit Audit Internal bertanggung jawab kepada                  4. The Head of the Internal Audit Unit reports directly to
   Direktur Utama; serta                                                  the President Director; and
5. Auditor anggota Unit Audit Internal bertanggung jawab               5. Internal Audit Unit members report directly to the Head of
   langsung kepada Ketua Unit Audit Internal.                             the Internal Audit Unit.



Profil Ketua Unit Audit Internal                                       Head of the Internal Audit Unit Profile

Sepanjang tahun 2025, terjadi perubahan jabatan Ketua Unit             Throughout 2025, there was a change in the position of Head
Audit Internal. Jabatan yang sebelumnya dijabat oleh Ibu               of the Internal Audit Unit. The position, previously held by Ms.
Yoshiana kini dipegang oleh Bapak Panji Pamungkas, efektif             Yoshiana, is now held by Mr. Panji Pamungkas, effective from
sejak 15 Agustus 2025, berdasarkan Surat Keputusan Direksi             August 15, 2025, based on the Board of Directors’ Decree No.
No. 081/PYFA-DIR/E/VIII/2025 tanggal 15 Agustus 2025                   081/PYFA-DIR/E/VIII/2025 dated August 15, 2025 regarding
tentang Pemberhentian dan Pengangkatan Kepala Unit Audit               the Dismissal and Appointment of the Head of the Internal




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Internal (“Surat No. 081/2025”). Informasi lengkap mengenai                Audit Unit (“Letter No. 081/2025). Complete information
profil beliau diungkapkan sebagai berikut:                                 regarding his profile is presented as follows:




    Panji
    Pamungkas                                                                     Ketua Unit Audit Internal
                                                                                  Head of Internal Audit Unit

    Warga Negara Indonesia, berusia 34 Tahun, berdomisili di Jakarta.
    Indonesian Citizen, 34 Years Old, domiciled in Jakarta.



           Dasar Pengangkatan:                                                      Rangkap Jabatan di Perusahaan Lain
           Legal Basis of Appointment:                                              per 31 Desember 2025:
           Surat No. 081/2025.                                                      Concurrent Positions in Other Companies as of
           Decree No. 081/2025                                                      December 31, 2025:
                                                                                    Per 31 Desember 2025, beliau tidak memiliki rangkap jabatan
                                                                                    pada perusahaan lain di luar grup usaha Perseroan.
           Riwayat Pendidikan:
                                                                                    As of December 31, 2025, he did not hold any concurrent
           Educational Background:                                                  positions in other companies outside the Company’s
           Magister Akuntansi, Fakultas Ekonomi dan Bisnis, Universitas             business group.
           Mercu Buana Jakarta.
           Master of Accounting, Faculty of Economics and Business,                 Hubungan Afiliasi:
           Mercu Buana University, Jakarta.
                                                                                    Affiliation:
                                                                                    Beliau tidak memiliki hubungan afiliasi dengan anggota
           Pengalaman Kerja:                                                        Dewan Komisaris, anggota Direksi, serta pemegang
           Work Experience:                                                         saham utama dan pengendali, baik langsung maupun tidak
           Memiliki pengalaman profesional yang komprehensif dalam                  langsung, sampai kepada pemilik individu.
           fungsi audit internal, akuntansi, dan manajemen risiko,                  He has no affiliate relationships with members of the Board of
           termasuk keterlibatan pada perusahaan publik serta entitas               Commissioners, members of the Board of Directors, or major
           di sektor industri dan agribisnis.                                       and controlling shareholders, either directly or indirectly, up to
           Possesses comprehensive professional experience in                       the individual owners.
           internal audit, accounting, and risk management functions,
           including involvement in public companies as well as entities
           in the industrial and agribusiness sectors.




Kualifikasi atau Sertifikasi Profesi Unit                                  Qualifications or Professional
Audit Internal                                                             Certifications of the Internal Audit Unit

Unit Audit Internal Perseroan telah memiliki kompetensi                    The Internal Audit Unit possesses technical competencies
teknis di bidang audit serta kompetensi umum yang relevan                  in auditing as well as general competencies relevant to
guna meningkatkan kemampuan auditor dalam menghadapi                       improving the auditors’ ability to respond to the evolving
perkembangan dinamika dunia usaha. Kompetensi ini                          business environment. These competencies include in-depth
mencakup pemahaman mendalam tentang standar audit, tata                    knowledge of auditing standards, corporate governance,
kelola perusahaan, manajemen risiko, dan kepatuhan terhadap                risk management, and regulatory compliance. Information




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regulasi. Informasi mengenai kualifikasi atau sertifikasi profesi      regarding the qualifications or professional certifications held
yang dimiliki oleh Unit Audit Internal diuraikan sebagai berikut:      by the Internal Audit Unit is presented as follows:


              Nama                                Jabatan                                    Kualifikasi atau Sertifikasi
              Name                                Position                                  Qualification or Certification

 Panji Pamungkas                  Ketua Unit Audit Internal                                Magister Akuntansi Keuangan
                                  Head of the Internal Audit Unit                          Master of Financial Accounting




Independensi                                                           Independence

Unit Audit Internal senantiasa menempatkan independensi,               The Internal Audit Unit consistently upholds independence,
objektivitas, dan kehati-hatian sebagai prinsip utama dalam            objectivity, and prudence as key principles in performing its
pelaksanaan tugasnya, serta memastikan tidak adanya                    duties, ensuring that there is no intervention from any party.
intervensi dari pihak mana pun. Perseroan juga menjamin                The Company also guarantees that internal auditors are free
bahwa auditor internal bebas dari benturan kepentingan, baik           from conflicts of interest, whether in the form of concurrent
dalam bentuk rangkap jabatan, hubungan keuangan, maupun                positions, financial relationships, or familial relationships with
hubungan kekeluargaan dengan organ Perseroan lainnya.                  other Company organs. In the event of indications of a conflict
Apabila terjadi indikasi benturan kepentingan, Perseroan               of interest, the Company implements additional supervision
melakukan pengawasan tambahan untuk memastikan bahwa                   to ensure that the audit process is conducted with integrity,
proses audit tetap dilaksanakan dengan integritas, objektivitas,       objectivity, and transparency, in line with GGC principles.
dan transparansi, sejalan dengan prinsip GCG.



Tugas dan Tanggung Jawab                                               Duties and Responsibilities

Unit Audit Internal menjalankan tugas dan tanggung jawab               The Internal Audit Unit carries out duties and responsibilities
berkaitan dengan hal-hal berikut:                                      related to the following:
1. Menyusun dan melaksanakan rencana audit internal                    1. Preparing and implementing the annual internal audit plan;
    tahunan;
2. Menguji dan mengevaluasi pelaksanaan pengendalian                   2. Examining and evaluating the implementation of internal
    internal dan sistem manajemen risiko sesuai dengan                    control and risk management systems in accordance with
    kebijakan Perseroan;                                                  the Company’s policies;
3. Melakukan pemeriksaan dan penilaian atas efisiensi dan              3. Conducting inspections and assessments of the efficiency
    efektivitas di bidang keuangan, akuntansi, operasional,               and effectiveness in the fields of finance, accounting,
    sumber daya manusia, pemasaran, teknologi informasi                   operations, human resources, marketing, information
    dan kegiatan Perseroan lainnya;                                       technology, and other Company activities;
4. Memberikan saran perbaikan dan informasi yang objektif              4. Providing improvement recommendations and objective
    tentang kegiatan yang diaudit pada semua tingkatan                    information on audited activities at all management levels;
    manajemen;
5. Membuat laporan hasil audit dan menyampaikannya                     5. Preparing audit reports and submitting them to
    kepada Direktur Utama dan Dewan Komisaris;                            the President Director and the Board of Commissioners;
6. Memantau, menganalisis, dan melaporkan tindak lanjut                6. Monitoring, analyzing, and reporting on the follow-up
    perbaikan yang telah dilaksanakan;                                    actions taken on improvements;
7. Bekerja sama dengan Komite Audit;                                   7. Collaborating with the Audit Committee;
8. Menyusun program untuk mengevaluasi mutu kegiatan                   8. Developing a program to evaluate the quality of the internal
    audit internal yang dilakukannya; serta                               audit activities; and
9. Melakukan pemeriksaan khusus atas perintah Direksi dan              9. Conducting special audits at the request of the Board of
    apabila diperlukan.                                                   Directors and when necessary.




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Wewenang                                                                   Authorities

Wewenang yang dimiliki oleh Unit Audit Internal diuraikan                  The authorities granted to the Internal Audit Unit are described
sebagai berikut:                                                           as follows:
1. Mengakses seluruh informasi yang relevan terkait dengan                 1. Accessing all relevant information related to the internal
   tugas dan fungsi audit internal;                                            audit duties and functions;
2. Melakukan komunikasi secara langsung dengan Direksi,                    2. Communicating directly with the Board of Directors, Board
   Dewan Komisaris, dan/atau Komite Audit;                                     of Commissioners, and/or Audit Committee;
3. Mengadakan rapat secara berkala dalam keadaan tertentu,                 3. Hold meetings periodically, under certain circumstances,
   dengan Direksi, Dewan Komisaris, dan Komite Audit; serta                    with the Board of Directors, Board of Commissioners, and
                                                                               Audit Committee; and
4. Melakukan koordinasi             kegiatannya   dengan       kegiatan    4. Coordinating its activities with external auditors.
   auditor eksternal.



Kode Etik Audit Internal                                                   Internal Audit Code of Conduct

1. Integritas                                                              1. Integrity
   Auditor internal harus memiliki integritas yang tinggi                     Internal auditors must possess high integrity, enabling
   sehingga mampu mengemukakan pendapat secara                                them to express opinions honestly, objectively, and wisely,
   jujur, objektif, dan bijaksana yang dapat dijadikan dasar                  which can serve as the basis for trust in the conclusions or
   kepercayaan atas kesimpulan atau penilaian yang diambil.                   assessments made.


2. Objektivitas                                                            2. Objectivity
   Auditor internal harus mampu menunjukkan Objektivitas                      Internal auditors must demonstrate professional objectivity
   profesionalnya dalam mengumpulkan, mengevaluasi,                           in collecting, evaluating, and reporting the information
   dan melaporkan informasi yang diperolehnya dalam                           obtained during their audits, based on facts or evidence
   pemeriksaan yang dilakukannya berdasarkan fakta atau                       that can be accounted for, and without being influenced by
   bukti-bukti yang dapat dipertanggungjawabkan serta tidak                   personal interests or the interests of others when making
   terpengaruh oleh kepentingan pribadi maupun kepentingan                    conclusions or assessments in the course of their audit
   pihak lain dalam membuat kesimpulan atau penilaian pada                    duties.
   pelaksanaan tugas auditnya.


3. Kerahasiaan                                                             3. Confidentiality
   Auditor internal wajib menghargai nilai dan kepemilikan                    Internal auditors must respect the value and ownership
   informasi yang diterimanya dan tidak memaparkan                            of the information they receive and must not disclose this
   informasi tersebut tanpa persetujuan pejabat Perseroan                     information without the consent of the authorized officers,
   yang berwenang, yakni Direksi dengan persetujuan                           namely the Board of Directors with the approval of the Board
   Komisaris, kecuali diwajibkan karena tuntutan hukum atau                   of Commissioners, unless required by legal or professional
   profesi.                                                                   obligations.


4. Kompetensi                                                              4. Competence
   Auditor internal wajib memiliki pengetahuan, keahlian, dan                 Internal auditors must possess the knowledge, skills, and
   pengalaman yang diperlukan dan wajib meningkatkan                          experience required and must continually improve their
   keahlian dan kualitasnya dalam tugasnya secara                             expertise and quality in performing their duties.
   berkelanjutan.



Rapat                                                                      Meetings

Pelaksanaan rapat Unit Audit Internal dilakukan secara                     Internal Audit Unit meetings are held concurrently with
bersamaan dengan rapat organ lainnya, menyesuaikan dengan                  meetings of other Company organs, in accordance with
jadwal yang telah ditetapkan oleh organ terkait. Sepanjang                 the schedules set by the relevant organs. Throughout 2025,




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tahun 2025, Ketua Unit Audit Internal telah menghadiri rapat-               the Head of the Internal Audit Unit attended these meetings,
rapat tersebut sebagaimana diuraikan berikut:                               as described below:


                                                              Frekuensi Rapat dengan:
                                                              Meeting Frequency with:

             Dewan Komisaris dan Direksi                                    Direksi                               Komite Audit
    Board of Commissioners and Board of Directors                      Board of Directors                        Audit Committee

                            1                                                  4                                          4



Rapat-rapat yang dihadiri oleh Ketua Unit Audit Internal tersebut           The meetings attended by the Head of the Internal Audit Unit
membahas mengenai kinerja operasional dan keuangan, serta                   covered operational and financial performance, as well as
laporan terkait proses audit yang telah dilakukan sepanjang                 reports related to audit processes conducted during throughout
tahun 2025.                                                                 2025.



Pelaksanaan Tugas                                                           Implementation of Duties

Sepanjang tahun 2025, Unit Audit Internal telah menjalankan                 Throughout 2025, period, the Internal Audit Unit carried out its
peran, serta tugas dan tanggung jawab dengan baik dan                       role, duties, and responsibilities effectively and professionally,
profesional, di antaranya:                                                  including the following:
1. Mengawasi dan mengevaluasi penerapan sistem pengendalian                 1. Monitored and evaluated the implementation of internal
    internal dan manajemen risiko, serta memberikan assurance                    control systems and risk management, and provided
    terhadap penerapan tersebut kepada Dewan Komisaris dan                       assurance on their implementation to the Board of
    Direksi;                                                                     Commissioners and the Board of Directors;
2. Mengawasi setiap aktivitas operasional, aktivitas keuangan,              2. Supervised operational activities, financial activities, GCG
    penerapan GCG, dan lainnya melalui koordinasi dengan                         implementation, and others through coordination with the
    Komite Audit; serta                                                          Audit Committee; and
3. Menyampaikan laporan bulanan dan tahunan terkait                         3. Submitted monthly and annual reports related to
    pelaksanaan tugas audit internal kepada Direksi melalui                      the implementation of internal audit duties to the Board of
    rapat bersama.                                                               Directors through joint meetings.


Selain melaksanakan tugas-tugas tersebut, Unit Audit Internal               In addition to perform the aforementioned duties, the Internal
juga telah menjalankan serangkaian proses audit sepanjang                   Audit Unit also conducted a series of audit processes
tahun 2025, yang diuraikan sebagai berikut:                                 throughout 2025, which are described as follows:


                                Jenis Audit                                                        Jumlah Audit
                                Audit Type                                                        Number of Audit

 Temuan Minor
                                                                                                          14
 Minor Findings

 Temuan Mayor
                                                                                                          19
 Major Findings

 Jumlah
                                                                                                          33
 Total




Pengembangan Kompetensi                                                     Competency Development

Perseroan memberikan kesempatan kepada Ketua Unit                           The Company provides the Head of the Internal Audit Unit
Audit Internal untuk memperluas informasi, wawasan, dan                     with opportunities to expand information, insights, and up-to-
pengetahuan terkini mengenai bisnis Perseroan, keuangan,                    date knowledge regarding the Company’s business, finance,
sistem pengendalian internal, manajemen risiko, serta aspek lain            internal control systems, risk management, and other aspects
yang mendukung pelaksanaan tugas dan tanggung jawabnya                      that support the performance of his duties and responsibilities
melalui program pengembangan kompetensi. Program ini                        through competency development programs. These programs




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dilaksanakan melalui berbagai kegiatan, termasuk pelatihan,                        are conducted through a number of activities, including
seminar, lokakarya, dan program pengembangan profesional                           training sessions, seminars, workshops, and other professional
lainnya. Sepanjang tahun 2025, Unit Audit Internal melakukan                       development programs. Throughout 2025, the Internal Audit Unit
pengembangan kompetensi secara mandiri melalui pembelajaran                        engaged in competency development activities independently
internal, penelaahan regulasi dan standar audit yang relevan,                      through internal learning, review of relevant regulations and
serta pengkinian pengetahuan guna mendukung efektivitas                            audit standards, as well as knowledge updates to support the
pelaksanaan fungsi pengawasan dan pengendalian internal                            effective execution of the Company’s supervision and internal
Perseroan.                                                                         control functions.




Manajemen Risiko                                   [POJK E.3] [GRI 2-25]

Risk Management


Manajemen risiko merupakan metode yang diterapkan                                  Risk management is a method applied to manage various
untuk mengelola berbagai ketidakpastian yang berpotensi                            uncertainties that may negatively impact the Company’s
memberikan dampak negatif terhadap tujuan, visi dan misi,                          objectives, vision and mission, as well as predetermined
serta target yang telah ditetapkan oleh Perseroan. Dalam                           targets. In its implementation, the Company continuously
pelaksanaannya, Perseroan secara berkelanjutan melakukan                           identifies, analyzes, assesses, and monitors risks.
identifikasi, analisis, penilaian, dan pemantauan risiko.


Perseroan menerapkan manajemen risiko secara sistematis                            The Company applies risk management systematically
dan komprehensif, di mana setiap unit kerja bertanggung                            and comprehensively, with each work unit responsible for
jawab untuk mengidentifikasi dan menilai risiko yang mungkin                       identifying and assessing potential risks. These risks are then
timbul. Risiko-risiko tersebut kemudian ditinjau bersama                           reviewed with the Board of Directors, the Internal Audit Unit,
Direksi, Unit Audit Internal, Dewan Komisaris, serta Komite                        the Board of Commissioners, and the Audit Committee, which
Audit yang berperan memberikan masukan dan rekomendasi.                            provide input and recommendations. After risks are identified
Setelah jenis risiko diidentifikasi dan dianalisis, Direksi dan                    and analyzed, the Board of Directors and the Internal Audit Unit
Unit Audit Internal menetapkan strategi pengelolaan risiko                         establish risk management strategies along with appropriate
beserta langkah-langkah mitigasi yang tepat.                                       mitigation measures.



Profil Risiko                                                                      Risk Profile

Perseroan telah menetapkan profil risiko dan upaya mitigasi yang                   The Company has established a risk profile and mitigation
dilakukan di sepanjang tahun 2025, sebagaimana diuraikan berikut:                  efforts undertaken throughout 2025, as described below:


                Jenis Risiko                                                             Mitigasi/Pengendalian
               Types of Risk                                                              Mitigation/Control

 Risiko Strategis
 Strategic Risk

 Risiko yang terkait dengan potensi              1. Melibatkan seluruh perangkat organisasi Perseroan yang mempunyai peran strategis, termasuk
 kerugian yang timbul akibat ketetapan dan          di dalamnya, Direksi, Dewan Komisaris, Komite-Komite Perseroan selain Tim Manajemen Risiko itu sendiri
 penerapan strategi yang kurang tepat, serta        untuk membahas strategi dari berbagai aspek, sebelum keputusan diambil dan diterapkan; serta
 pengambilan keputusan usaha yang tidak          2. Mengevaluasi dalam interval waktu bulanan, triwulanan, dan tengah tahunan setelah strategi
 sesuai atau kegagalan dalam menanggapi             diterapkan dan mengadakan koreksi dan perubahan-perubahan yang dianggap tepat untuk diambil
 perubahan di pasar farmasi.                        dan dilaksanakan.

 Risks related to potential loss from the        1. Involves all the Company’s organizational tools that have strategic roles, including the Board of
 determination and implementation of                Directors, Board of Commissioners, Committees other than the Risk Management Team itself to
 inappropriate strategies, inappropriate            discuss strategies from various aspects, before decisions are taken and implemented;
 decision-making efforts or failure to respond   2. Performs evaluations in monthly, quarterly, and semiannual time intervals after the strategy is implemented
 to changes in the pharmaceutical market.           and make corrections and changes that are deemed appropriate to be taken and implemented.




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               Jenis Risiko                                                             Mitigasi/Pengendalian
              Types of Risk                                                              Mitigation/Control

 Risiko Operasional
 Operational Risk

 Risiko yang dapat berakibat kegagalan          1. Senantiasa mengupayakan Research and Development yang kuat dengan peralatan yang memadai
 dan kekurangan efisiensi operasional              untuk memastikan produk yang diformulasikan dapat diproduksi dengan lancar, bermutu baik dan
 Perseroan, termasuk di dalamnya, risiko           mendapatkan hasil produk jadi dengan persentase maksimal;
 kegagalan produksi akibat formulasi            2. Mengadakan perawatan mesin-mesin, penggantian suku cadang dengan tepat waktu, dan
 produk yang kurang tepat, mesin produksi          peremajaan mesin-mesin secara berkesinambungan;
 yang tidak lancar beroperasi dan sumber        3. Penerimaan karyawan melalui seleksi yang ketat untuk mendapatkan sumber daya manusia yang
 daya manusia yang kurang memadai.                 tepat untuk bidang-bidang pekerjaan yang sesuai; serta
 Di samping itu, masih terdapat risiko          4. Senantiasa mengembangkan jaringan pemasaran dengan jangkauan secara nasional dan
 pemasaran dan penjualan.                          internasional dengan penetrasi pasar yang maksimal. Untuk menunjang kegiatan pemasaran dan
                                                   penjualan, Perseroan senantiasa memperkenalkan produk-produk baru sesuai kebutuhan pasar
                                                   farmasi dan menyiapkan tenaga-tenaga yang terampil dan profesional melalui pelatihan yang intensif
                                                   dan berkesinambungan.
 Risks which may result in failure and          1. Always strives for strong Research and Development with adequate equipment to ensure that
 inefficiency of the Company’s operations,         the formulated products can be produced in timely manner, of good quality and get the finished
 including the risk of production failure due      product with the maximum percentage;
 to improper product formulation, production    2. Performs maintenance of machines, replacement of spare parts in a timely manner, and rejuvenation
 machines that do not operate smoothly and         of sustainable machines;
 inadequate human resources. In addition,       3. Recruitment of employees through rigorous selection to get the right Human Resources for
 there are still marketing and sales risks.        the appropriate fields of work;
                                                4. Continues to develop a marketing network with a national and international reach with maximum
                                                   market penetration. To support marketing and sales activities, the Company continuously introduces
                                                   new products according to the needs of the pharmaceutical market and prepares skilled and
                                                   professional personnel through intensive and continuous training.
 Risiko Keuangan
 Financial Risk

 Risiko keuangan mencakup kerugian akibat       1. Hampir seluruh bahan baku yang diperlukan Perseroan, di mana bahan baku masih sangat
 fluktuasi nilai tukar Dolar AS dan mata           tergantung importasi, melalui agen-agen di Indonesia sehingga dampak fluktuasi nilai tukar Rupiah
 uang asing lainnya terhadap Rupiah, serta         tidak langsung berpengaruh, karena transaksi dilakukan dalam mata uang Rupiah;
 ketidakseimbangan struktur permodalan          2. Semua pinjaman dan perikatan atau komitmen tanpa proteksi dinyatakan dalam mata uang Rupiah,
 akibat kelebihan atau kekurangan pinjaman         sehingga tidak ada risiko fluktuasi kurs mata uang asing; serta
 bank.                                          3. Dalam segi permodalan, Perseroan senantiasa menerapkan kehati-hatian dalam melakukan
                                                   pinjaman bank dengan memperhatikan kebutuhan dana yang telah dipertimbangkan secara matang
                                                   dan kemampuan untuk membayar kembali pinjaman tersebut.
 Financial risks include losses due to          1. Almost all of the raw materials needed by the Company, where the raw materials are still very
 fluctuations in the exchange rate of the US       dependent on imports, are acquired through agents in Indonesia therefore the impact of fluctuations
 Dollar and other foreign currencies against       in the Rupiah exchange rate does not directly affect, since the transactions are carried out in Rupiah;
 Rupiah, as well as imbalances in capital       2. All loans and agreements or commitments without protection are denominated in Rupiah, so there is
 structure due to an excess or shortage of         no risk of foreign currency exchange rate fluctuations; and
 bank loans.                                    3. In terms of capital, the Company always applies prudence in obtaining bank loans by carefully
                                                   considering the need for funds, which has been thoroughly assessed, and the ability to repay the loan.
 Risiko Hukum
 Legal Risk

 Risiko yang terkait dengan peraturan           1. Perseroan dalam menjalankan usahanya selalu berupaya untuk mengikuti Undang-Undang yang
 perundang-undangan dan tuntutan dari              berlaku dan terhadap peraturan-peraturan yang dikeluarkan oleh otoritas yang berwenang, antara
 pihak ketiga.                                     lain Kementerian Kesehatan, BPOM, Kementerian Keuangan, Kementerian Perdagangan dan
                                                   Kementerian Ketenagakerjaan. Kepatuhan senantiasa diawasi dengan ketat oleh Legal, Regulatory
                                                   Affairs, Pharmacovigilance, dan GMP Compliance; serta
                                                2. Perseroan terus menerapkan kehati-hatian dalam pelaksanaan kinerja Perseroan serta perjanjian
                                                   guna menghindari tuntutan dari pihak ketiga, terutama terkait dengan isu hak kekayaan intelektual.

 Risks associated with laws dan regulation      1. In conducting its business activities, the Company consistently tries to comply with applicable laws and
 as well as lawsuit from third parties.            regulations issued by the relevant authorities, including the Ministry of Health, BPOM, the Ministry of
                                                   Finance, the Ministry of Trade, and the Ministry of Manpower. Compliance is strictly monitored by the
                                                   Legal, Regulatory Affairs, Pharmacovigilance, and GMP Compliance departments.
                                                2. The Company continues to exercise prudence in the implementation of the Company’s operation and
                                                   agreements to avoid lawsuit from third parties, especially related to intellectual property rights issues.




Tinjauan Efektivitas Manajemen Risiko                                            Review of Risk Management Effectiveness

Direksi bersama Unit Audit Internal secara berkala melakukan                     The Board of Directors, with the Internal Audit Unit, periodically
evaluasi terhadap efektivitas manajemen risiko, di bawah                         evaluates the effectiveness of risk management under
pengawasan Dewan Komisaris dan Komite Audit. Evaluasi ini                        the supervision of the Board of Commissioners and
bertujuan untuk memaksimalkan penerapan manajemen risiko                         the Audit Committee. This evaluation has a purpose to optimize




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serta meminimalkan potensi risiko yang dapat berdampak              the implementation of risk management and minimize potential
signifikan pada aktivitas bisnis, operasional, maupun keuangan      risks that may significantly impact the Company’s business,
Perseroan.                                                          operational, or financial activities.


Hasil evaluasi disampaikan kepada Komite Audit dan Dewan            The evaluation results are submitted to the Audit Committee
Komisaris untuk ditelaah lebih lanjut. Pelaksanaan evaluasi         and the Board of Commissioners for further review. Conducting
secara rutin ini memungkinkan Perseroan untuk terus                 regular evaluations enables the Company to continuously
menyempurnakan strategi mitigasi risiko dan memastikan              refine risk mitigation strategies and ensure that all work units
bahwa seluruh unit kerja menerapkan sistem pengendalian             implement the risk control system effectively and consistently
risiko secara efektif dan konsisten sesuai dengan kebijakan         in accordance with the applicable policies.
yang berlaku.



Pernyataan Dewan Komisaris dan Direksi                              Statement of the Board of Commissioners
atas Kecukupan Manajemen Risiko                                     and Board of Directors on the Adequacy
                                                                    of Risk Management

Dewan Komisaris dan Direksi menilai bahwa penerapan                 The Board of Commissioners and the Board of Directors assess
manajemen risiko sepanjang tahun 2025 telah berjalan dengan         that the implementation of risk management throughout 2025
baik dan sesuai pedoman yang berlaku. Proses identifikasi,          has been conducted effectively and in accordance with the
analisis, pengelolaan risiko, serta penerapan metode mitigasi       applicable guidelines. The process of risk identification, analysis,
dilakukan oleh Direksi bersama Unit Audit Internal, dengan          risk management, and the implementation of mitigation
tetap memperhatikan dan mengacu pada masukan Dewan                  methods is carried out by the Board of Directors with the
Komisaris dan Komite Audit. Meskipun demikian, Perseroan            Internal Audit Unit, while taking into consideration and referring
senantiasa terus berupaya mengoptimalkan manajemen risiko           to the input from the Board of Commissioners and the Audit
dan menyesuaikannya dengan perkembangan bisnis, guna                Committee. Nevertheless, the Company continuously strives
mendukung keberlanjutan usaha jangka panjang.                       to optimize its risk management and align it with business
                                                                    developments to support long-term business sustainability.




Sistem Pengendalian Internal
Internal Control System

Sistem Pengendalian Internal (“SPI”) merupakan proses               The Internal Control System (“ICS”) is a comprehensive
pengendalian menyeluruh yang dijalankan oleh Direksi bersama        control process implemented by the Board of Directors with
Unit Audit Internal untuk memastikan tercapainya tujuan             the Internal Audit Unit to ensure the achievement of
Perseroan melalui aktivitas operasional dan keuangan yang           the Company’s objectives through effective and efficient
efektif serta efisien. Sistem ini dirancang untuk mencegah          operational and financial activities. The system is designed to
kerugian bisnis, penggunaan sumber daya perusahaan yang tidak       prevent business losses, inefficient use of Company resources,
efisien, dan memastikan seluruh kegiatan operasional berjalan       and to ensure that all operational activities are conducted in
sesuai dengan peraturan perundang-undangan yang berlaku.            accordance with the applicable laws and regulations.


Perseroan menerapkan SPI yang berfokus pada pengendalian            The Company applies an ICS focused on financial and
keuangan dan operasional, dengan memastikan seluruh sistem,         operational controls, ensuring that all systems, procedures,
prosedur, kaidah, dan norma diterapkan secara konsisten             rules, and norms are consistently implemented across
di seluruh lini bisnis. Penerapan SPI yang efektif mendukung        all business lines. Effective ICS implementation supports
efisiensi operasional, keandalan pelaporan keuangan,                operational efficiency, reliability of financial reporting,
dan kepatuhan terhadap regulasi, sekaligus memberikan               and regulatory compliance, while providing assurance on
keyakinan terhadap keakuratan Laporan Keuangan, baik untuk          the accuracy of the Financial Statements for both internal
kepentingan internal maupun eksternal. Dengan demikian, SPI         and external purposes. Consequently, the ICS strengthens
turut memperkuat transparansi, meningkatkan kepercayaan             transparency, increases stakeholder confidence, and supports
pemangku kepentingan, dan mendukung implementasi GCG.               the implementation of Good Corporate Governance.




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Pengendalian Keuangan dan Operasional                                  Financial and Operational Controls

Perseroan menerapkan sistem pengendalian yang berfokus                 The Company implements a control system focused on
pada pengelolaan keuangan dan operasional. Sistem ini                  financial and operational management. This system is carried
dijalankan secara terstruktur dan menyeluruh, melibatkan               out in a structured and comprehensive manner, involving all
seluruh unit kerja, untuk meminimalkan risiko serta                    work units, to minimize risks and ensure the effectiveness
memastikan efektivitas kegiatan bisnis. Penerapan yang                 of business activities. Consistent application of procedures,
konsisten terhadap prosedur, norma, dan kaidah memberikan              norms, and rules provides assurance to top Management that
keyakinan kepada manajemen puncak bahwa operasional dan                the Company’s operations and financial management are well
pengelolaan keuangan Perseroan berjalan secara terkendali.             controlled.


Pengendalian internal pada pelaporan keuangan dirancang                Internal controls over financial reporting are designed to
untuk menjamin bahwa informasi keuangan yang disajikan                 ensure that the financial information presented is accurate,
akurat, transparan, dan sesuai dengan prinsip akuntansi                transparent, and in accordance with generally accepted
yang berlaku umum. Dengan mekanisme pengendalian                       accounting principles. Through a comprehensive control
yang komprehensif, Perseroan berkomitmen meningkatkan                  mechanism, the Company is committed to improving financial
integritas keuangan, mencegah potensi penyimpangan, dan                integrity, preventing potential irregularities, and maintaining
mempertahankan kepercayaan pemangku kepentingan.                       stakeholder trust.



Evaluasi Efektivitas Sistem Pengendalian                               Evaluation of the Internal Control System
Internal                                                               Effectiveness

SPI ditinjau secara berkala oleh Direksi bersama Unit Audit            The ICS is periodically reviewed by the Board of Directors with
Internal untuk memastikan sistem ini berjalan efektif dan              the Internal Audit Unit to ensure that the system operates
konsisten, serta memberikan keyakinan kepada pemangku                  effectively and consistently, while providing assurance to all
kepentingan. Evaluasi juga menilai kesesuaian penerapan SPI            stakeholders. The evaluation also assesses the alignment of
dengan indikator yang telah ditetapkan, termasuk pelaksanaan           ICS implementation with predetermined indicators, including
tugas dan tanggung jawab personil yang terlibat. Hasil evaluasi        the performance of duties and responsibilities of the personnel
disampaikan kepada Komite Audit dan Dewan Komisaris                    involved. The evaluation results are submitted to the Audit
untuk mendapatkan masukan, rekomendasi perbaikan, dan                  Committee and the Board of Commissioners to obtain input,
langkah-langkah peningkatan. Melalui evaluasi yang terus-              recommendations for improvements, and enhancement
menerus, Perseroan berkomitmen memperkuat efektivitas SPI,             measures. Through continuous evaluation, the Company
meningkatkan efisiensi operasional, memastikan keandalan               is committed to strengthening the effectiveness of the ICS,
Laporan Keuangan, mematuhi peraturan yang berlaku, serta               improving operational efficiency, ensuring the reliability of
menjaga stabilitas bisnis.                                             Financial Statements, complying with applicable regulations,
                                                                       and maintaining business stability.



Pernyataan Dewan Komisaris dan Direksi                                 Statement of the Board of Commissioners
atas Kecukupan Sistem Pengendalian                                     and Board of Directors on the Adequacy
Internal                                                               of the Internal Control System

Sepanjang tahun 2025, Dewan Komisaris dan Direksi menelaah             Throughout 2025, the Board of Commissioners and the Board
penerapan SPI yang dilakukan oleh Direksi bersama Unit Audit           of Directors reviewed the implementation of the ICS carried
Internal. Sistem ini dinilai telah diterapkan secara baik dan sesuai   out by the Board of Directors with the Internal Audit Unit.
ketentuan yang berlaku. Ke depan, Perseroan berkomitmen                The system was assessed to have been applied effectively and
untuk terus menyempurnakan SPI, menyesuaikannya dengan                 in accordance with the applicable regulations. Going forward,
perubahan bisnis, serta memastikan pengendalian internal               the Company is committed to continuously enhancing the ICS,
tetap efektif dan mendukung keberlanjutan usaha.                       adapting it to business changes, and ensuring that internal
                                                                       controls remain effective in supporting sustainable business
                                                                       operations.




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Kode Etik                  [ESG G-07]

Code of Conducts


Kode Etik merupakan seperangkat aturan dan pedoman yang              The Code of Conduct is a set of rules and guidelines that serve as
menjadi acuan perilaku dalam menjalankan tugas dan tanggung          a reference for behaviour in carrying out duties and responsibilities
jawab di lingkungan kerja. Perseroan beserta Entitas Anak            within the workplace. The Company, with its Subsidiaries,
menerapkan Kode Etik secara menyeluruh kepada seluruh insan          applies the Code of Conduct comprehensively to all personnel,
perusahaan, tanpa terkecuali, termasuk Dewan Komisaris dan           without exception, including the Board of Commissioners
Direksi. Penerapan Kode Etik mencakup seluruh aspek operasional      and the Board of Directors. The implementation of the Code of
Perseroan, mulai dari pengelolaan bisnis, interaksi dengan mitra     Conduct covers all aspects of the Company’s operations, from
kerja dan pemangku kepentingan, hingga kepatuhan terhadap            business management, interactions with business partners and
regulasi yang berlaku. Melalui penerapan yang berkesinambungan,      stakeholders, to compliance with applicable regulations. Through
Kode Etik bertujuan menciptakan lingkungan kerja yang beretika       its continuous application, the Code of Conduct aims to create
dan berfokus pada kepentingan jangka panjang, serta memperkuat       an ethical work environment focused on long-term interests,
kepercayaan pemangku kepentingan terhadap Perseroan sebagai          while strengthening stakeholder confidence in the Company as
entitas yang profesional dan bertanggung jawab.                      a professional and responsible entity.


Kode Etik atau Standar Perilaku Perseroan yang mengatur              The Company’s Code of Conduct regulates the following
hal-hal berikut:                                                     matters:
1. Pendahuluan                                                       1. Introduction
    a. Latar Belakang;                                                  a. Background;
    b. Prinsip Dasar Penyusunan;                                        b. Basic Principles of Preparation;
    c. Tujuan Penerapan Standar Perilaku;                               c. Purpose of Implementing the Code of Conduct;
    d. Visi dan Misi Perusahaan; serta                                  d. Company’s Vision and Mission; and
    e. Budaya dan Nilai-Nilai Perusahaan.                               e. Corporate Culture and Values.
2. Standar Perilaku Hubungan Internal                                2. Internal Relations Conduct Standards
    a. Etika Perusahaan dengan Pekerja;                                 a. Company’s Conduct with Employees;
    b. Etika Warga PT Pyridam Farma Tbk terhadap                        b. PT Pyridam Farma Tbk Personnel Conduct towards
         Perusahaan;                                                         the Company;
    c. Etika Pribadi dalam Hubungan Internal;                           c. Personal Conduct in Internal Relations;
         • Sebagai Atasan;                                                   • As a Leader;
         • Sebagai Bawahan; dan                                              • As a Subordinate; and
         • Sebagai Rekan Kerja;                                              • As a Work Partner;
    d. Benturan Kepentingan/Penyalahgunaan Jabatan;                     d. Conflict of Interest/Abuse of Position;
    e. Kerahasiaan Data dan Informasi Perusahaan;                       e. Confidentiality of Company’s Data and Information;
    f. Aset/Harta Perusahaan; serta                                     f. Company’s Assets/Wealth; and
    g. Kesehatan dan Keselamatan Kerja.                                 g. Occupational Health and Safety.
3. Standar Perilaku Hubungan Eksternal                               3. External Relations Conducts Standards
    a. Etika Perusahaan terhadap Pemegang Saham;                        a. The Company’s Conduct with the Shareholders;
    b. Etika Perusahaan terhadap Pemasok;                               b. The Company’s Conduct with Suppliers;
    c. Etika Perusahaan terhadap Kreditur;                              c. The Company’s Conduct with Creditors;
    d. Etika Perusahaan terhadap Mitra Usaha;                           d. The Company’s Conduct with Business Partners;
    e. Etika Perusahaan terhadap Pemerintah;                            e. The Company’s Conduct with Government;
    f. Etika Perusahaan terhadap Pesaing; dan                           f. The Company’s Conduct with Competitors; and
    g. Etika Perusahaan terhadap Media Massa.                           g. The Company’s Conduct with Mass Media;
4. Gratifikasi, Jamuan Bisnis/Entertainment, dan Afiliasi            4. Gratuity, Business/Entertainment Hospitality, and Political
    Politik                                                             Affiliation
5. Pelanggaran dan Pelaporan                                         5. Violations and Reporting
6. Kewajiban Mengundurkan Diri                                       6. Obligation to Resign
7. Penutup                                                           7. Closing
    a. Dalam Penerapan; dan                                             a. In Implementation; and
    b. Dalam Penegakan.                                                 b. In Enforcement.




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Penyebarluasan dan Sosialisasi Kode Etik                               Dissemination of the Code of Conduct

Penyebarluasan dan sosialisasi Kode Etik dilakukan secara              The dissemination and socialization of the Code of Conduct
berkala oleh Unit Audit Internal bekerja sama dengan unit kerja        are carried out periodically by the Internal Audit Unit in
terkait lainnya, melalui:                                              collaboration with other relevant work units, through:
1. Rapat-rapat umum internal yang diselenggarakan rutin;               1. Regular internal general meetings;
2. Situs web Perseroan;                                                2. The Company’s website;
3. Grup media sosial maupun akun media sosial atas nama                3. Social media groups and social media accounts under
    Perseroan; serta                                                       the Company’s name; and
4. Pelatihan secara berkala ke karyawan.                               4. Periodic training for employees.



Sanksi dan Pelanggaran Kode Etik                                       Sanctions and Violations of
                                                                       the Code of Conduct

Segala bentuk pelanggaran terhadap Kode Etik di lingkungan             Any violations of the Code of Conduct within the Company or its
kerja Perseroan maupun Entitas Anak akan ditangani secara              Subsidiaries will be handled professionally and proportionately,
profesional dan proporsional, sesuai dengan ketentuan serta            in accordance with the applicable provisions and policies.
kebijakan yang berlaku. Sepanjang tahun 2025, Perseroan dan            Throughout 2025, the Company and its Subsidiaries did not
Entitas Anak tidak menerima laporan terkait pelanggaran Kode           receive any reports of Code of Conduct violations, whether
Etik, baik yang dilakukan oleh organ utama maupun karyawan.            committed by main organs or employees.




Sistem Pelaporan Pelanggaran                                               [GRI 2-16, 2-26]

Whistleblowing System


Sistem Pelaporan Pelanggaran (Whistleblowing System/ ”WBS”)            The Whistleblowing System (“WBS”) is a mechanism
merupakan mekanisme yang dibentuk untuk menerima,                      established to receive, process, and follow up on reports of
memproses, dan menindaklanjuti laporan atas dugaan                     alleged violations within the Company. This system is accessible
pelanggaran yang terjadi di lingkungan Perseroan. Sistem               to both internal and external parties to report actions that
ini dapat diakses oleh pihak internal maupun eksternal untuk           contradict the GCG principles, the Code of Conduct, company
melaporkan tindakan yang bertentangan dengan prinsip-prinsip           policies, or other regulations that may potentially harm
GCG, Kode Etik, kebijakan perusahaan, maupun peraturan lain yang       the Company or its stakeholders.
berpotensi merugikan Perseroan atau pemangku kepentingan.


Penerapan WBS juga bertujuan menciptakan lingkungan kerja              The implementation of the WBS also aims to create a safe and
yang aman dan kondusif, di mana setiap insan perusahaan,               conducive work environment, where all personnel, particularly
khususnya karyawan, memiliki keberanian untuk melaporkan               employees, feel empowered to report violations without fear of
pelanggaran tanpa rasa takut terhadap tindakan balasan. Melalui        retaliation. Through this system, the Company demonstrates
sistem ini, Perseroan menunjukkan komitmen dalam memperkuat            its commitment to strengthening accountability, transparency,
akuntabilitas, transparansi, serta membangun budaya kerja yang         and fostering a culture of integrity and ethical conduct
berintegritas dan beretika di seluruh lini organisasi.                 throughout the organization.



Prosedur Penyampaian Laporan                                           Procedure for Reporting Violations
Pelanggaran

Setiap individu memiliki hak yang sama untuk melaporkan                Every individual has an equal right to report alleged violations
dugaan pelanggaran kepada Perseroan sesuai dengan                      to the Company in accordance with the applicable reporting
ketentuan pelaporan yang berlaku. Laporan dapat disampaikan            provisions. Reports can be submitted in writing through
secara tertulis melalui unit terkait, yaitu Komite Whistleblower.      the relevant units, namely Whistleblower Committee.




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Setiap laporan yang diterima akan ditelaah dan ditindaklanjuti         Each report received will be reviewed and followed up by the
oleh pihak berwenang berdasarkan tingkat urgensi, keabsahan           authorized parties based on the level of urgency, validity of the
informasi, serta dampaknya terhadap Perseroan. Laporan akan           information, and its potential impact on the Company. Reports
diproses lebih lanjut apabila memenuhi ketentuan sebagai              will be further processed if they meet the following criteria:
berikut:
1. Identitas pelapor jelas (nama, jabatan, dan ditandatangani);       1. The whistleblower’s identity is clear (name, position, and
                                                                         signature);
2. Masalah/pelanggaran disampaikan dengan singkat, padat,             2. The issue/violation is conveyed clearly and concisely, with
   dan disertai bukti pendukung; serta                                   supporting evidence; and
3. Pelanggaran yang dilaporkan akan berdampak negatif                 3. The violation reported will have a negative impact on
   terhadap Perseroan.                                                   the Company.



Kerahasiaan dan Perlindungan Pelapor                                  Confidentiality and Protection of
                                                                      the Whistleblower

Perseroan berkomitmen menjaga kerahasiaan dan keamanan                The Company is committed to maintaining the confidentiality
pihak pelapor melalui penerapan sejumlah kebijakan                    and safety of whistleblowers through the implementation of
perlindungan sebagai berikut:                                         the following protection policies:
1. Perseroan menjamin kerahasiaan identitas pelapor, kecuali          1. The Company guarantees the confidentiality of
    apabila pengungkapan tersebut diperlukan dalam kaitan                 the whistleblower’s identity, unless disclosure is required
    dengan laporan atau penyidikan yang dilakukan oleh pihak              in relation to the report or investigation conducted by
    berwajib;                                                             the authorities;
2. Karyawan yang menjadi pelapor dan menunjukkan itikad               2. Employees who act as whistleblowers and show good
    baik akan dilindungi dari tindakan pemecatan, penurunan               faith will be protected from retaliation such as dismissal,
    jabatan/pangkat, pelecehan, atau diskriminasi dalam segala            demotion, harassment, or any form of discrimination, and
    bentuk dan catatan yang merugikan dalam file data pribadinya;         no harmful records will be placed in their personal files;
3. Penyampaian laporan tanpa identitas (anonim) tetap                 3. Reports can also be submitted anonymously and will be
    akan diterima dan ditindaklanjuti oleh petugas yang                   processed and followed up by the authorized officers
    diberi kewenangan untuk menerima laporan tersebut                     according to the existing procedure. However, anonymous
    sesuai dengan prosedur yang ada. Namun demikian,                      reporting is not recommended as it may complicate
    penyampaian pelaporan anonim tidak direkomendasikan                   communication for further follow-up; and
    karena pelaporan secara anonim akan menyulitkan
    komunikasi untuk tindak lanjut atas pelaporan; serta
4. Perseroan akan menetapkan sanksi atas penyalahgunaan               4. The Company will impose sanctions for the abuse of
    sistem pelaporan pelanggaran, di mana para pihak (baik               the whistleblowing system, where individuals (both internal
    internal maupun eksternal) yang menyampaikan laporan                 and external) who submit malicious or false reports with
    berupa fitnah atau laporan palsu akan diberikan sanksi               personal intent to damage someone’s reputation will face
    termasuk proses hukum dan tidak memperoleh jaminan                   penalties, including legal action, and will not be entitled
    kerahasiaan maupun perlindungan pelapor.                             to the protection and confidentiality provided to genuine
                                                                         whistleblowers.



Tindak Lanjut Laporan Pelanggaran                                     Follow-up on Violation Reports

Setiap laporan pelanggaran yang diterima Perseroan akan               All violation reports received by the Company will be
ditindaklanjuti secara profesional dan bertanggung jawab.             addressed professionally and responsibly. Reports submitted
Laporan yang masuk melalui Komite Whistleblower melalui               through the Whistleblower Committee through a transparent
proses investigasi yang transparan untuk memastikan                   investigation process to verify their accuracy. If a report is
kebenarannya. Jika laporan terbukti benar, Perseroan akan             substantiated, the Company will impose sanctions on the party
memberikan sanksi kepada pihak yang melakukan pelanggaran             committing the violation in accordance with the applicable
sesuai kebijakan yang berlaku. Namun, apabila laporan tidak           policies. Conversely, if a report is unsubstantiated or proven
terbukti atau terbukti dibuat dengan tujuan merugikan pihak           to be made with the intent to harm others, the Company
lain, Perseroan akan menindaklanjuti pelapor sesuai dengan            will take appropriate action against the whistleblowers in
ketentuan yang berlaku untuk menjaga integritas sistem                accordance with the applicable regulations to maintain
pelaporan.                                                            the integrity of the reporting system.



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Sanksi dan Laporan Pelanggaran                                         Sanctions and Violation Reports

Setiap pelanggaran terhadap kebijakan Perseroan akan                   Any violation of the Company’s policies will be subject
dikenakan sanksi sesuai keputusan Direksi bersama HRD,                 to sanctions in accordance with the Board of Directors
dengan tetap mematuhi ketentuan hukum yang berlaku.                    decision with the HRD, while remaining in compliance with
Langkah ini diambil untuk menegakkan kedisiplinan,                     the applicable laws and regulations. This measure is
menumbuhkan kesadaran etika, serta memperkuat penerapan                implemented to uphold discipline, foster ethical awareness,
Kode Etik dan sistem pelaporan di seluruh lini organisasi.             and reinforce the application of the Code of Conduct and
Sepanjang tahun 2025, Perseroan dan Entitas Anak menerima              the reporting system across all levels of the organization.
44 (empat puluh empat) laporan pelanggaran. Seluruh laporan            Throughout 2025, the Company and its Subsidiaries received
tersebut telah ditindaklanjuti dan diselesaikan sesuai dengan          44 (forty four) whistleblowing reports. All reports were
prosedur yang berlaku, namun demikian tidak terdapat                   followed up and resolved in accordance with applicable
pelanggaran yang berdampak material dan signifikan terhadap            procedures, however, there were no violations that had
kegiatan operasional maupun kelangsungan usaha Perseroan.              a material and significant impact on the Company’s operational
                                                                       activities or business going concern.




Perkara Penting dan Sanksi Administratif                                                          [GRI 2-27]

Important Cases and Administrative Sanctions


Sepanjang tahun 2025, Perseroan beserta Dewan Komisaris,               Throughout 2025, the Company, with the Board of
Direksi, dan seluruh karyawan tidak terlibat maupun                    Commissioners, Board of Directors, and all employees, was not
menghadapi perkara hukum, baik pidana maupun perdata yang              involved in or subject to any legal proceedings, whether criminal
secara material dapat mempengaruhi kelangsungan usaha                  or civil, that could materially affect the Company’s business
Perseroan. Sepanjang periode tersebut, Perseroan menjalankan           going concern. During the period, the Company conducted its
kegiatan usaha dengan tetap berupaya mematuhi seluruh                  operations while continuing to comply with all applicable laws
ketentuan peraturan perundang-undangan yang berlaku. Selain            and regulations. In addition, the Company did not recieve any
itu, Perseroan juga tidak menerima sanksi administratif yang           material administrative sanctions from the relevant authorities
bersifat material dari otoritas atau lembaga pengawas terkait.         or regulatory bodies.




Kebijakan Anti-Korupsi dan Anti-Penyuapan
Anti-Corruption and Anti-Bribery Policy

Perseroan memandang pencegahan korupsi dan penyuapan                   The Company considers the prevention of corruption and
sebagai aspek fundamental dalam menjaga integritas usaha               bribery as a fundamental aspect of maintaining business
serta memastikan keberlanjutan jangka panjang. Oleh karena             integrity and ensuring long-term sustainability. Accordingly,
itu, Perseroan berkomitmen untuk mencegah dan menghindari              the Company is committed to preventing and avoiding any
segala bentuk praktik korupsi maupun penyuapan yang dapat              form of corruption or bribery that may cause material or
menimbulkan kerugian, baik materiil maupun non-materiil.               non-material losses. This commitment is implemented through
Komitmen ini diwujudkan melalui penerapan Kode Etik yang               the application of a comprehensive Code of Conduct applicable
komprehensif dan berlaku bagi seluruh insan perusahaan,                to all employees, including the Board of Commissioners
termasuk Dewan Komisaris dan Direksi. Sebagai bagian dari              and Board of Directors. As part of its preventive measures,
upaya pencegahan, Perseroan secara konsisten melakukan                 the Company consistently disseminates the Code of Conduct
sosialisasi Kode Etik melalui berbagai media komunikasi                through a number of internal communication channels, such as




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internal, seperti rapat divisi atau unit kerja, pertemuan formal,      divisional or unit meetings, formal gatherings, email blasts, and
email blast, serta grup WhatsApp. Selain itu, Perseroan juga           WhatsApp groups. In addition, the Company has established
telah menetapkan sejumlah kebijakan sebagai langkah                    several policies as preventive steps against potential acts of
preventif terhadap potensi tindakan korupsi dan penyuapan,             corruption and bribery, including: [GRI 3-3]
antara lain: [GRI 3-3]
1. Setiap karyawan Perseroan dilarang menerima hadiah dari             1. All employees are prohibited from accepting gifts from
    siapa pun, instansi mana pun, yang dapat memengaruhi                  anyone or any institution that could influence their actions
    tindakan atau keputusannya dalam menjalankan tugasnya;                or decisions in carrying out their duties;
2. Setiap karyawan Perseroan dalam menjalankan tugasnya                2. All employees are prohibited from giving gifts to any party
    dilarang memberikan hadiah kepada pihak mana pun                      that violates prevailing laws and regulations, which could
    yang melanggar peraturan dan perundangan yang dapat                   be interpreted as bribery;
    diindikasikan sebagai penyuapan;
3. Setiap karyawan Perseroan dapat menerima atau                       3. Employees may accept or give gifts unrelated to
    memberikan hadiah yang tidak berkaitan dengan transaksi               the Company’s business transactions;
    bisnis perusahaan;
4. Dalam rangka menjaga atau memelihara hubungan                       4. In order to maintain or foster business relationships,
    bisnis, Perseroan dapat mengeluarkan biaya yang dapat                 the Company may incur expenses that are justifiable for
    dipertanggungjawabkan pada kondisi antara lain hari raya              occasions such as religious holidays, official anniversary
    keagamaan, perayaan ulang tahun kedinasan, serta pisah                celebrations, or farewell events for Company officials; and
    sambut pejabat Perseroan; serta
5. Hadiah dari Perseroan harus mencantumkan logo                       5. Gifts from the Company must include the Company logo.
    perusahaan.



Operasi yang Dinilai Memiliki Risiko                                   Operations Deemed to Carry Corruption
terkait Korupsi [GRI 205-1]                                            Risks [GRI 205-1]

Sebagai bagian dari manajemen risiko, Perseroan melakukan              As part of risk management, the Company assesses
penilaian risiko korupsi pada seluruh unit kerja yang berpotensi       the potential risk of corruption in all work units involved in
tinggi terlibat dalam transaksi keuangan maupun interaksi              financial transactions or interacting with external parties.
dengan pihak eksternal. Penilaian dilakukan melalui audit internal,    The assessment is conducted through internal audits, transaction
analisis transaksi, evaluasi kepatuhan, serta pemetaan titik           analysis, compliance evaluation, and mapping of corruption-
rawan korupsi. Hasilnya digunakan untuk menentukan tindakan            prone points. The results are used to establish mitigation
mitigasi, perbaikan SOP, serta penguatan kontrol internal.             measures, improve SOPs, and strengthen internal controls.



Komunikasi dan Pelatihan Anti-Korupsi                                  Anti-Corruption and Anti-Bribery
dan Anti-Penyuapan [GRI 205-2]                                         Communication and Training [GRI 205-2]

Untuk memastikan seluruh insan Perseroan memahami                      To ensure that all Company personnel understand
kebijakan anti-korupsi dan anti-penyuapan, Perseroan secara            the anti-corruption and anti-bribery policies, structured
konsisten melakukan sosialisasi dan pelatihan terstruktur.             communication and training are conducted through:
Kegiatan ini disampaikan melalui:
1. Sesi pelatihan tatap muka dan daring;                               1.   Face-to-face and online training sessions;
2. Rapat divisi dan unit kerja;                                        2.   Division and unit meetings;
3. Email blast dan intranet;                                           3.   Email blasts and intranet;
4. Grup komunikasi internal; atau                                      4.   Internal communication groups; and
5. Pembekalan bagi karyawan baru.                                      5.   Onboarding for new employees.


Materi pelatihan mencakup etika bisnis, pelarangan gratifikasi,        The training materials cover business ethics, prohibition
prosedur pelaporan pelanggaran, dan tanggung jawab individu            of gratuities, violation reporting procedures, and individual
dalam mencegah korupsi.                                                responsibilities in preventing corruption.




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Insiden Korupsi yang Terbukti dan                                      Confirmed Corruption Incidents and
Tindakan yang Diambil [GRI 205-3]                                      Actions Taken [GRI 205-3]

Sepanjang tahun 2025, tidak terdapat insiden korupsi yang              Throughout 2025, no confirmed corruption incidents occurred
terbukti terjadi di lingkungan Perseroan maupun Entitas                within the Company or its Subsidiaries. No employees or
Anak. Tidak terdapat pula pegawai atau manajemen yang                  Management were dismissed, sanctioned, or faced legal
diberhentikan, dikenakan sanksi, atau menghadapi proses                proceedings related to corruption or bribery.
hukum terkait korupsi atau penyuapan.


Apabila suatu insiden ditemukan, Perseroan memiliki                    If an incident occurs, the Company has handling mechanism in
mekanisme penanganan yang jelas, meliputi:                             place which includes:
1. Investigasi internal;                                               1. Internal investigation;
2. Pemberlakuan tindakan disiplin sesuai peraturan                     2. Implementation of disciplinary actions in accordance with
   perusahaan;                                                              company policies;
3. Pelibatan aparat penegak hukum bila diperlukan; serta               3. Involvement of law enforcement authorities if necessary;
                                                                            and
4. Perbaikan sistem dan kontrol internal untuk mencegah                4. System and internal control improvements to prevent
   kejadian berulang.                                                       recurrence.




Kebijakan Insider Trading
Insider Trading Policy


Sebagai bentuk komitmen dalam mencegah penyalahgunaan                  As part of its commitment to prevent the misuse of information
informasi dan praktik yang dapat merugikan Perseroan                   and practices that may harm the Company or its stakeholders,
maupun pemangku kepentingan, Perseroan menerapkan                      the Company implements a policy on insider trading.
kebijakan terkait insider trading. Kebijakan ini telah diatur          This policy is stipulated in the Code of Conduct and refers to
dalam Standar Perilaku Perseroan dan merujuk pada ketentuan            the provisions of the Financial Services Authority Regulation
Peraturan Otoritas Jasa Keuangan No. 78/POJK.04/2017                   No. 78/POJK.04/2017 concerning Permitted Securities
tentang Transaksi Efek yang Tidak Dilarang bagi Orang Dalam            Transactions by Insiders (“POJK 78/2017”), as well as Article
(“POJK 78/2017”), serta Pasal 104 Undang-Undang                        104 of Law No. 8 of 1995 concerning the Capital Market, as
No. 8 Tahun 1995 tentang Pasar Modal, sebagaimana telah                amended by Law No. 4 of 2023 concerning the Development
diubah dengan Undang-Undang No. 4 Tahun 2023 tentang                   and Strengthening of the Financial Sector.
Pengembangan dan Penguatan Sektor Keuangan.


Melalui kebijakan ini, Perseroan memastikan kepatuhan                  Through this policy, the Company ensures compliance with
terhadap peraturan yang berlaku serta menjaga integritas               applicable regulations and maintains integrity and trust in
dan kepercayaan di pasar modal. Seluruh organ perusahaan,              the capital market. All corporate organs, including the Board
termasuk Dewan Komisaris dan Direksi yang memiliki akses               of Commissioners and the Board of Directors with access to
terhadap informasi material Perseroan, diharapkan dapat                the Company’s material information, are expected to understand
memahami dan menerapkan kebijakan ini secara bertanggung               and implement this policy responsibly and prudently.
jawab dan bijaksana.




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Akses Informasi dan Data Perseroan
Access to Company’s Information and Data


Sebagai wujud transparansi dan akuntabilitas, Perseroan               As a form of transparency and accountability, the Company
senantiasa memfasilitasi akses informasi yang mudah bagi              consistently facilitates easy access to information for all
seluruh pemangku kepentingan melalui berbagai kanal berikut:          stakeholders through the following channels:




                                                            Media Sosial
                                                            Social Media


                                                         Instagram        @pyfagroup


                                                         LinkedIn         https://www.linkedin.com/company/pt-pyridamfarma-tbk/


                                                         Telp
                                                                          (62-21) 5099 1067
                                                         Phone

                                                         Situs Web
        Herdiasti                                        Website
                                                                          www.pyfa.co.id
     Anggitya Dwisani
       Sekretaris Perusahaan
        Corporate Secretary                                       Email


   Kantor Utama                                          Hubungan Investor
                                                                                    corsec@pyfa.co.id
   Head Office                                           Investor Relation

   Sinar Mas Land Plaza Sudirman                         Hubungan Media
   Lt. 12 / 12th Floor                                                              corcomm@pyfa.co.id
                                                         Media Relation
   Jl. Jenderal Sudirman Kav. 21,
   RT 10/RW 01                                           Karier
                                                                                    hr.corporate@pyfa.co.id
   Kuningan, Karet                                       Career
   Jakarta Selatan / South                               Farmakovigilans
   Jakarta 12920                                                                    pv.safety@pyfa.co.id
                                                         Pharmacovigilance




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Komitmen Keberlanjutan
Sustainability Commitment


Perseroan memandang keberlanjutan sebagai fondasi                      The Company regards sustainability as a strategic foundation
strategis dalam menciptakan nilai jangka panjang serta                 for creating long-term value and ensuring business resilience
memastikan ketangguhan usaha di tengah dinamika industri               amid the evolving dynamics of the healthcare industry.
kesehatan yang terus berkembang. Keberlanjutan tidak                   Sustainability is not viewed merely as a moral responsibility,
hanya dipahami sebagai tanggung jawab moral, tetapi juga               but as an integrated business approach that ensures all
sebagai pendekatan bisnis yang memastikan seluruh proses               operational processes, decision-making, and product
operasional, pengambilan keputusan, serta pengembangan                 development are conducted responsibly and deliver value to all
produk dilakukan secara bertanggung jawab dan memberikan               stakeholders. In this regard, the Company, with its Subsidiaries,
manfaat bagi seluruh pemangku kepentingan. Sejalan dengan              consistently strengthens the implementation of sustainability
itu, Perseroan bersama Entitas Anak secara konsisten memperkuat        initiatives based on 3 (three) core pillars: economic, social, and
implementasi inisiatif keberlanjutan yang berlandaskan pada            environmental.
3 (tiga) pilar utama, yaitu ekonomi, sosial, dan lingkungan.


Pada pilar ekonomi, Perseroan berfokus pada pembangunan kinerja        Under the economic pillar, the Company focuses on building
usaha yang sehat dan berkelanjutan melalui penyediaan produk           sound and sustainable business performance through
farmasi yang aman, berkualitas, dan inovatif. Upaya ini diwujudkan     the provision of safe, high-quality, and innovative
melalui investasi berkelanjutan dalam kegiatan penelitian dan          pharmaceutical products. This commitment is realized
pengembangan (Research and Development/”R&D”), yang                    through continuous investment in Research & Development
menjadi motor penggerak utama dalam menghadirkan produk-               (“R&D”) activities, which serve as the primary driving force in
produk yang relevan dengan kebutuhan kesehatan masyarakat.             delivering products that are aligned with the healthcare needs
Penguatan kapabilitas inovasi tersebut memastikan Perseroan            of the community. The strengthening of innovation capabilities
mampu memberikan nilai tambah sekaligus meningkatkan daya              enables the Company to generate added value while increasing
saing di industri farmasi nasional.                                    its competitiveness within the national pharmaceutical industry.


Pada pilar lingkungan, Perseroan melanjutkan berbagai upaya            Under the environmental pillar, the Company continues
pengelolaan dampak lingkungan secara bertanggung jawab                 to responsibly manage its environmental impacts by
melalui penerapan praktik produksi yang lebih bersih, efisien,         implementing cleaner, more efficient, and environmentally
dan ramah lingkungan. Inisiatif yang dijalankan meliputi               friendly production practices. These initiatives include reducing
pengurangan penggunaan sumber daya, pengelolaan limbah                 resource consumption, ensuring proper waste management
yang sesuai ketentuan, serta pengendalian emisi untuk                  in accordance with applicable regulations, and controlling
meminimalkan jejak ekologis. Pemanfaatan teknologi yang                emissions to minimize the Company’s ecological footprint.
lebih efisien dan berkelanjutan menjadi bagian penting dalam           The adoption of more efficient and sustainable technologies
menjaga agar proses produksi tetap optimal tanpa memberikan            plays a vital role in maintaining optimal production processes
dampak negatif terhadap lingkungan.                                    without causing adverse impacts on the environment.


Pada pilar sosial, Perseroan berkomitmen memberikan kontribusi         Under the social pillar, the Company is committed to delivering
positif bagi seluruh pemangku kepentingan melalui berbagai             positive contributions to all stakeholders through a number
program yang mendukung kesejahteraan karyawan, penguatan               of programs that support employee welfare, strengthen
hubungan dengan mitra usaha, perlindungan konsumen, serta              relationships with business partners, protect consumers, and
pemberdayaan masyarakat di sekitar wilayah operasional. Inisiatif      empower communities surrounding its operational areas.
sosial yang dijalankan dirancang untuk menciptakan manfaat             These social initiatives are designed to create sustainable
yang berkelanjutan dan memperkuat kehadiran Perseroan sebagai          benefits and reinforce the Company’s presence as an inclusive
perusahaan yang inklusif dan bertanggung jawab.                        and responsible enterprise.


Melalui penerapan ketiga pilar tersebut secara konsisten, Perseroan    Through the consistent implementation of these three
menegaskan komitmennya untuk mendorong pertumbuhan usaha               pillars, the Company reaffirms its commitment to promoting
yang berkelanjutan, memberikan dampak positif yang terukur,            sustainable business growth, delivering measurable positive
serta memperkuat kontribusi terhadap pembangunan kesehatan             impacts, and strengthening its contribution to the advancement
dan kesejahteraan masyarakat di Indonesia.                             of public health and community well-being in Indonesia.




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Tata Kelola Keberlanjutan
Sustainability Governance


Perseroan menempatkan tata kelola keberlanjutan sebagai               The Company positions sustainability governance as
elemen strategis dalam memastikan tercapainya kinerja                 a strategic element in ensuring the achievement of responsible
usaha yang bertanggung jawab dan berorientasi jangka                  and long-term–oriented business performance. The integration
panjang. Integrasi aspek lingkungan, sosial, dan tata kelola          of Environmental, Social, and Governance (“ESG”) aspects
(Environmental, Social, and Governance/”ESG”) diterapkan              is comprehensively embedded within the organizational
secara menyeluruh di dalam struktur organisasi dan menjadi            structure and serves as a guiding framework for all
pedoman dalam setiap proses pengambilan keputusan.                    decision-making processes. This approach is designed to
Pendekatan ini dirancang untuk memastikan bahwa seluruh               ensure that all of the Company’s operational activities are
aktivitas operasional Perseroan selaras dengan prinsip                aligned with sustainability principles and are able to create
keberlanjutan serta mampu menciptakan nilai tambah yang               sustainable added value for all stakeholders.
berkelanjutan bagi seluruh pemangku kepentingan.


Pengawasan terhadap implementasi kebijakan keberlanjutan              Supervision of the implementation of sustainability policies is
dilaksanakan secara berkala oleh Direksi bersama Dewan                carried out on a regular basis by the Board of Directors with
Komisaris melalui mekanisme evaluasi kinerja, monitoring              the Board of Commissioners through performance evaluation
program, dan pelaporan yang transparan. Keterlibatan                  mechanisms, program monitoring, and transparent reporting.
aktif organ tata kelola memastikan bahwa setiap inisiatif             The active involvement of the governance bodies ensures that
keberlanjutan dijalankan sesuai dengan kebijakan internal,            each sustainability initiative is implemented in accordance
praktik terbaik industri, serta ketentuan regulasi yang berlaku.      with internal policies, industry best practices, and applicable
Selain itu, tata kelola keberlanjutan diperkuat melalui penerapan     regulatory     requirements.     Furthermore,     sustainability
sistem manajemen yang memungkinkan identifikasi, mitigasi,            governance is strengthened through the implementation of
dan pengelolaan risiko ESG secara sistematis.                         management systems that enable the systematic identification,
                                                                      mitigation, and management of ESG risks.


Melalui penerapan tata kelola keberlanjutan yang kuat,                Through the implementation of robust sustainability
Perseroan     berupaya    menjaga     keseimbangan antara             governance, the Company seeks to maintain a balance between
pertumbuhan bisnis dan tanggung jawab sosial-lingkungan.              business growth and social and environmental responsibility.
Pendekatan ini mendorong inovasi dalam pengembangan                   This approach fosters innovation in the development of more
produk dan proses bisnis yang lebih efisien dan ramah                 efficient and environmentally friendly products and business
lingkungan, sekaligus memperkuat kepercayaan pemangku                 processes, while also strengthening stakeholder confidence in
kepentingan terhadap komitmen Perseroan dalam menciptakan             the Company’s commitment to creating sustainable long-term
nilai jangka panjang yang berkelanjutan.                              value.



Penanggung Jawab Penerapan                                            Person in Charge of Sustainable
Berkelanjutan [POJK E.1] [GRI 2-8, 2-12, 2-13]                        Implementation [POJK E.1] [GRI 2-8, 2-12, 2-13]

Perseroan belum memiliki unit atau penanggung jawab khusus            During 2025, the Company has not yet established
yang menangani penerapan program keberlanjutan selama                 a dedicated unit or appointed a specific officer responsible
tahun 2025. Namun demikian, secara struktural seluruh                 for managing the implementation of sustainability programs.
insan Perseroan memiliki peran serta tanggung jawab dalam             Nevertheless, structurally, all Company personnel have roles
mendukung pelaksanaan aspek keberlanjutan sesuai dengan               and responsibilities in supporting the implementation of




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fungsi dan kewenangan masing-masing. Adapun pembagian                       sustainability aspects in accordance with their respective
peran dan tanggung jawab tersebut diuraikan sebagai berikut:                functions and authorities. The allocation of these roles and
                                                                            responsibilities is described as follows:


    Organ Perusahaan                                                    Tugas dan Tanggung Jawab
    Company’s Organ                                                     Duties and Responsibilities

 Dewan Komisaris             Mengawasi penerapan kebijakan dan strategi keberlanjutan yang ditetapkan oleh Direksi, serta memberikan saran
 Board of Commissioners      dan usulan pengembangan.
                             Supervises the implementation of sustainability policies and strategies set by the Board of Directors, while providing
                             advice and development proposals.
 Direksi                     Menyusun kebijakan dan strategi keberlanjutan, menerapkannya di seluruh aspek kerja Perseroan, serta melakukan
 Board of Directors          evaluasi pelaksanaannya dengan dukungan organ pendukung Direksi, yaitu Sekretaris Perusahaan dan Unit Audit
                             Internal.
                             Develops sustainability policies and strategies, implements them across all Company operations, and evaluates their
                             execution with support from the Corporate Secretary and Internal Audit Unit.
 Komite Audit                Mengawasi efektivitas penerapan program dan potensi benturan kepentingan.
 Audit Committee             Monitors the effectiveness of program implementation and identifies potential conflicts of interest.

 Sekretaris Perusahaan       Menjadi media penghubung dalam rangkaian program perusahaan dengan pemangku kepentingan terkait.
 Corporate Secretary         To be a liaison in a series of Company’s programs with related stakeholders.

 Unit Audit Internal         Mengawasi penerapan program dan memastikan pengelolaan pengendalian internal, manajemen risiko, serta
 Internal Audit Unit         kepatuhan terhadap peraturan perundang-undangan.
                             Supervises program implementation and ensures internal control management, risk management, and compliance
                             with laws and regulations.
 Karyawan                    Pelaksana penerapan program keberlanjutan, baik di internal maupun di luar Perseroan.
 Employees                   Implements sustainability programs both internally and outside the Company.




Pengembangan Kompetensi                                                     Sustainability Competency Development
Keberlanjutan [POJK E.2] [GRI 2-17]                                         [POJK E.2] [GRI 2-17]


Penguatan kapasitas sumber daya manusia merupakan                           Strengthening human resources capacity is a key component
komponen penting dalam memastikan efektivitas penerapan                     in ensuring the effective implementation of sustainability
keberlanjutan di seluruh tingkatan organisasi. Perseroan                    across all levels of the organization. The Company believes
meyakini bahwa pemahaman yang memadai terhadap                              that an adequate understanding of sustainability principles
prinsip dan praktik keberlanjutan akan meningkatkan kualitas                and practices will improve the quality of decision-making
pengambilan keputusan serta mendorong terciptanya                           and promote more responsible operations. Accordingly,
operasional yang lebih bertanggung jawab. Oleh karena itu,                  the Company continuously carries out a number of
secara berkesinambungan Perseroan melaksanakan berbagai                     competency development programs provided to the Board
program pengembangan kompetensi yang ditujukan bagi                         of Commissioners, the Board of Directors, employees,
Dewan Komisaris, Direksi, karyawan, pejabat, dan/atau unit                  officers, and/or work units involved in the implementation of
kerja yang berperan dalam implementasi aspek keberlanjutan.                 sustainability aspects.


Program-program tersebut dirancang untuk memperluas wawasan                 These programs are designed to broaden insights into
mengenai ESG, meningkatkan keterampilan dalam mengelola                     ESG, improve skills in managing sustainability-related risks
risiko dan peluang keberlanjutan, serta memperkuat kemampuan                and opportunities, and strengthen capabilities in meeting
dalam memenuhi tuntutan regulasi dan ekspektasi pemangku                    regulatory requirements and stakeholder expectations.
kepentingan. Melalui peningkatan kapasitas ini, Perseroan                   Through this capacity-building efforts, the Company ensures
memastikan bahwa setiap fungsi memiliki pengetahuan yang                    that each function possesses sufficient knowledge to support
memadai untuk mendukung pencapaian tujuan keberlanjutan                     the achievement of sustainability objectives while reinforcing
sekaligus memperkuat daya saing perusahaan dalam jangka                     the Company’s long-term competitiveness. Information on




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  Good Corporate Governance                        Sustainability Report




panjang. Informasi mengenai program pengembangan                               competency development programs related to sustainability
kompetensi yang terkait dengan aspek keberlanjutan yang                        aspects implemented throughout 2025 is presented as follows:
direalisasikan sepanjang tahun 2025 diuraikan sebagai berikut:


        Topik Pengembangan Kompetensi                       Pelaksana             Tempat dan Waktu                        Peserta
         Competency Development Topic                       Organizer              Venue and Time                       Participants

 Pyfa
                                                                               Kantor Pusat dan Cabang,
                                                     HRD Forum                 12 Februari 2025
 Basic HR Management                                                                                                         HRD
                                                     HRD Forum                 Head Office and Branches,
                                                                               February 12, 2025
                                                                               Kantor Pusat dan Cabang,
                                                     Inti Pesan                20 Februari 2025
 HR Director Summit                                                                                                          HRD
                                                     Key Messages              Head Office and Branches,
                                                                               February 20, 2025
 Perpanjangan Sertifikasi Penanggung Jawab
 Pengelolaan Limbah B3
                                                     Media Edutama             Pabrik, 13 Maret 2025
 Renewal of Certification for the Person in                                                                              HRD and GA
                                                     Indonesia                 Factory , March 13, 2025
 Charge of Hazardous and Toxic Waste (B3)
 Management

 Integrated Management System ISO 9001,                                        Pabrik, 10 Jul 2025
                                                     TÜV SÜD Indonesia                                               Operation Excellence
 14001, and 45001                                                              Factory , July 10, 2025
                                                                                                              HRD and GA, Medical and Laboratory
                                                     Muhamad Wildan dan                                          Devices Marketing, Operation
                                                                               Pabrik, 24 Juli 2025
 Integrated ISO 14001 and ISO 45001                  Raihan Liwanda                                            Excellence, PPIC, President Office,
                                                                               Factory , July 24, 2025
                                                     (PT Holi Pharma)                                          Production, Quality Assurance, and
                                                                                                                        Quality Control
                                                     Pemadam Kebakaran
                                                                                                              Accounting, Power and Maintenance,
 Praktik Fire Training and Foundation APAR           Kabupaten Cianjur         Pabrik, 24 Juli 2025
                                                                                                              PPIC, Production, Quality Assurance,
 Fire Training Practice and Basic APAR Training      Cianjur Regency Fire      Factory , July 24, 2025
                                                                                                                      and Quality Control
                                                     Department
                                                                               Kantor Pusat dan Cabang, 2
                                                                               Agustus 2025
 Certified Human Capital Management                  IEEEL Insitute                                                          HRD
                                                                               Head Office and Branches,
                                                                               August 2, 2025
 Simbol, Pelabelan, dan Penyimpanan Limbah B3
                                                                               Pabrik, 27 Agustus 2025
 Symbols, Labeling, and Storage of Hazardous         M. Imam Akbar Bukhori                                                HRD and GA
                                                                               Factory , August 27, 2025
 and Toxic Waste (B3)

 Petugas Kebakaran Kelas D                                                     Pabrik, 11 September 2025
                                                     Bhakti Katiga Indonesia                                         Operation Excellence
 Class D Fire Officer                                                          Factory , September 11, 2025

 Teknis Penyimpanan Limbah B3
                                                     Ashita Dewi               Pabrik, 13 Oktober 2025
 Technical Aspects of Hazardous and Toxic                                                                                 HRD and GA
                                                     Rahimawati                Factory , October 13, 2025
 Waste (B3) Storage
                                                                               Kantor Pusat dan Cabang,
 HR Generalist (Including end-to-end Recruitment                               21 November 2025
                                                     Ioda Academy                                                            HRD
 and Employer Branding)                                                        Head Office and Branches,
                                                                               November 21, 2025
 Ethica

 Identifikasi Bahaya, Penilaian Risiko, dan
 Penetapan Pengendalian                                                        Cikarang, Januari 2025
                                                     Ethica Industri Farmasi                                   Production, Engineering, and HSE
 Hazard Identification, Risk Assessment, and                                   Cikarang, January 2025
 Determination of Control Measures

 Keamanan Menggunakan Peralatan dan Mesin
 Saat Bekerja                                                                  Cikarang, Januari 2025
                                                     Ethica Industri Farmasi                                                  QC
 Safety in the Use of Equipment and Machinery                                  Cikarang, January 2025
 at Work
                                                                               Cikarang, Januari, Februari,
 Bahan B3 dan Flammable Combustible Liquids
                                                                               Juni, dan Juli 2025             QC, Engineering and HSE, Logistic,
 Hazardous and Toxic (B3) Materials and              Ethica Industri Farmasi
                                                                               Cikarang, January, February,     HRGA, and Engineering and HSE
 Flammable Combustible Liquids
                                                                               June, and July 2025




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  Performance Highlights                  Management Reports                   Company Profile                  Management Discussions and Analysis




       Topik Pengembangan Kompetensi                      Pelaksana                 Tempat dan Waktu                         Peserta
        Competency Development Topic                      Organizer                  Venue and Time                        Participants

                                                                                Cikarang, Januari, Februari,
                                                                                dan Juli 2025
Behaviour Based Safety dan Observasi Perilaku K3     Ethica Industri Farmasi                                          QC, Engineering, and HSE
                                                                                Cikarang, January, February,
                                                                                and July 2025
                                                                                Cikarang, Januari, Februari,
Keselamatan dan Kesehatan Kerja                                                 Juli, September, dan Oktober
di Area Warehouse                                                               2025
                                                     Ethica Industri Farmasi                                   Logistic, Engineering, HSE, and Logistic
Occupational Health and Safety                                                  Cikarang, January, February,
in the Warehouse Area                                                           July,     September,     and
                                                                                October 2025
Keselamatan dan Kesehatan Kerja                                                 Cikarang, Januari, Februari,
di Area Laboratorium                                                            dan Juli 2025
                                                     Ethica Industri Farmasi                                          QC, Engineering, and HSE
Occupational Health and Safety                                                  Cikarang, January, February,
in the Laboratory Area                                                          and July 2025

Pelaporan Keselamatan Kerja                                                     Cikarang, Januari, Februari,
dan Indikator Lingkungan                                                        April, dan Juni 2025
                                                     Ethica Industri Farmasi                                               QC and HRGA
Occupational Safety and Environmental                                           Cikarang, January, February,
Indicators Reporting                                                            April, and June 2025
                                                                                Cikarang, Januari dan Juni
Pemantauan dan Pengukuran K3LH
                                                                                2025
OHS and Environmental Monitoring and                 Ethica Industri Farmasi                                          QC, Engineering, and HSE
                                                                                Cikarang, January, and June
Measurement
                                                                                2025
                                                                                Cikarang, Januari, Februari,
Penanganan Cairan Mudah Menyala                                                 April, Mei, Juni, Juli 2025
dan Mudah Terbakar                                   Ethica Industri Farmasi    Cikarang, January, February,               QC and HRGA
Handling of Flammable and Combustible Liquids                                   April, May, June, and July
                                                                                2025
                                                                                Cikarang, Januari, Februari,
Penanganan Limbah di Laboratorium                                               Maret, dan Agustus 2025
                                                     Ethica Industri Farmasi                                                QC and R&D
Laboratory Waste Management                                                     Cikarang, January, February,
                                                                                March, and August 2025
                                                                                Cikarang, Januari, Februari,
Pengelolaan Alat Pelindung Diri (“APD”)
                                                                                April, Juni, dan Juli 2025       Logistic, QC, Engineering, HSE, and
Personal Protective Equipment (“PPE”)                Ethica Industri Farmasi
                                                                                Cikarang, January, February,                    HRGA
Management
                                                                                April, June, and July 2025
                                                                                                                 Logistic, QA, QC, Engineering, HSE,
Kesiapsiagaan dan Tanggap Darurat                                               Cikarang, Semester I 2025        R&D, Validation, HRGA, Production,
                                                     Ethica Industri Farmasi
Emergency Preparedness and Response                                             Cikarang, First Half of 2025     Purchasing, Regulatory Affairs, and
                                                                                                                           Supply Operation
                                                                                Cikarang,  Februari      dan
                                                                                Maret 2025
Environmental Monitoring                             Ethica Industri Farmasi                                                 Production
                                                                                Cikarang, February,      and
                                                                                March 2025
                                                                                Cikarang, Februari dan Juli
Keselamatan Berkendara                                                          2025
                                                     Ethica Industri Farmasi                                       Logistic, Engineering, and HSE
Driving Safety                                                                  Cikarang, February, and July
                                                                                2025
Penanganan Keadaan Darurat Tumpahan Limbah                                      Cikarang, Mei dan
Bahan Berbahaya dan Beracun di TPS B3                                           September 2025                 Engineering, HSE, Production, QC and
                                                     Ethica Industri Farmasi
Handling of Hazardous and Toxic Waste Spill                                     Cikarang,      May       and                   R&D
Emergencies at B3 Temporary Disposal Sites                                      September 2025
                                                                                                                Engineering and HSE, HRGA, Logistic,
                                                                                Cikarang, Juni 2025
First Aider Training                                 Ethica Industri Farmasi                                     Plant, Production, PPIC, Purchasing,
                                                                                Cikarang, June 2025
                                                                                                                     QA, QC, R&D, and Validation
Holi

Petugas Damkar Kelas D                                                          Safetra, 19 Februari 2025
                                                     Safetra                                                          Engineering and General
Class D Fire Officer                                                            Safetra, February 19, 2025

Protap Instalasi Pengolahan Air Limbah (“IPAL”)
                                                                                Cimahi, 28 Maret 2025
Wastewater Treatment Plant (“WWTP”) Standard         PT Holi Pharma                                                             Utility
                                                                                Cimahi, March 28, 2025
Operating Procedures

Kesehatan dan Keselamatan Kerja (“K3”)                                          Cimahi, 30 September 2025
                                                     PT Holi Pharma                                                   Engineering and General
Occupational Health and Safety (“OHS”)                                          Cimahi, September 30, 2025




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      Topik Pengembangan Kompetensi                    Pelaksana          Tempat dan Waktu                       Peserta
       Competency Development Topic                    Organizer           Venue and Time                      Participants

 Probiotec Pty Ltd

 Manajemen Pengelolaan Limbah                                                                                Seluruh Karyawan
                                                Safety Manager        Monthly Report
 Waste Management                                                                                              All Employees

 Keberlanjutan                                                                                               Seluruh Karyawan
                                                Safety Manager        Monthly Report
 Sustainability                                                                                                All Employees

 DokterIN
                                                                      Jakarta, Januari – Desember
                                                                      2025                                    Seluruh new hire
 GOP New Hire                                   Dokterin (Internal)
                                                                      Jakarta, January –                        All new hires
                                                                      December 2025




Penilaian Risiko atas Kinerja                                         Risk Assessment of Sustainable
Keberlanjutan [POJK E.3] [GRI 2-25]                                   Performance [POJK E.3] [GRI 2-25]

Pengelolaan risiko yang efektif merupakan elemen penting              Effective risk management is a critical element in ensuring
dalam memastikan ketangguhan bisnis dan keberlanjutan                 the Company’s business resilience and long-term sustainability.
jangka panjang Perseroan. Oleh karena itu, Direksi bersama            Accordingly, the Board of Directors, with the Internal Audit
Unit Audit Internal secara berkala melakukan evaluasi terhadap        Unit, conducts regular evaluations of the effectiveness of risk
efektivitas penerapan manajemen risiko dengan pengawasan              management implementation under the supervision of the Board
dari Dewan Komisaris dan Komite Audit. Evaluasi ini dirancang         of Commissioners and the Audit Committee. These evaluations
untuk memastikan bahwa sistem manajemen risiko mampu                  are designed to ensure that the risk management system is able
mengidentifikasi, menganalisis, serta memitigasi berbagai             to identify, analyze, and mitigate a number of potential risks that
potensi risiko yang dapat berdampak pada aktivitas bisnis,            may affect the Company’s business activities, operations, financial
operasional, keuangan, maupun kinerja keberlanjutan                   performance, and sustainability performance. The results of these
Perseroan. Hasil evaluasi tersebut dilaporkan kepada Komite           evaluations are reported to the Audit Committee and the Board
Audit dan Dewan Komisaris sebagai dasar peningkatan strategi          of Commissioners as a basis for enhancing mitigation strategies
mitigasi dan penguatan pengendalian risiko di seluruh unit kerja.     and strengthening risk controls across all work units.


Sepanjang tahun 2025, Dewan Komisaris dan Direksi                     Throughout 2025, the Board of Commissioners and the Board of
menilai bahwa penerapan manajemen risiko telah berjalan               Directors deemed that the implementation of risk management
dengan baik dan sesuai dengan pedoman yang berlaku.                   has been carried out effectively and in accordance with
Proses identifikasi, analisis, pengelolaan, dan mitigasi risiko       applicable guidelines. The processes of risk identification,
dilaksanakan oleh Direksi bersama Unit Audit Internal dengan          analysis, management, and mitigation are undertaken by
mempertimbangkan masukan dari Dewan Komisaris dan                     the Board of Directors with the Internal Audit Unit, taking into
Komite Audit agar tetap relevan dengan dinamika industri serta        account input from the Board of Commissioners and the Audit
tantangan eksternal yang berkembang. Perseroan akan terus             Committee to ensure continued relevance to industry dynamics
mengoptimalkan praktik manajemen risiko untuk menjaga                 and evolving external challenges. The Company will continue to
kesinambungan usaha, memperkuat ketahanan operasional,                optimize its risk management practices to safeguard business
serta memastikan bahwa aspek keberlanjutan tetap menjadi              going concern, strengthen operational resilience, and ensure
bagian integral dari setiap proses pengambilan keputusan.             that sustainability remains an integral part of every decision-
                                                                      making process.


Profil risiko dan mitigasi risiko Perseroan telah diuraikan pada      The Company’s risk profile and risk mitigation measures
Bab Tata Kelola Perusahaan, sub bab Manajemen Risiko dalam            are detailed in the Corporate Governance chapter, under
Laporan Tahunan dan Laporan Keberlanjutan ini.                        the Risk Management subsection, in this Annual Report and
                                                                      Sustainability Report.




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    Performance Highlights             Management Reports               Company Profile               Management Discussions and Analysis




Membangun Budaya Keberlanjutan [POJK F.1]                               Building a Sustainability Culture [POJK F.1]

Perseroan menjadikan budaya keberlanjutan sebagai landasan              The Company places a sustainability culture as a fundamental
penting dalam strategi pertumbuhan jangka panjang dan arah              pillar in its long-term growth strategy and corporate
transformasi perusahaan. Penanaman budaya ini dilakukan                 transformation direction. This culture is cultivated to
untuk memastikan bahwa seluruh insan Perseroan memahami                 ensure that all Company personnel understand their roles
peran dan tanggung jawabnya dalam mendukung operasional                 and responsibilities in supporting ethical, responsible, and
yang etis, bertanggung jawab, dan berorientasi pada nilai jangka        long-term value–oriented operations. This commitment is
panjang. Komitmen tersebut tercermin dalam penerapan Kode               reflected in the implementation of the Code of Conduct and
Etik serta Nilai-Nilai Perusahaan yang menekankan integritas,           Corporate Values, which emphasize integrity, environmental
kepedulian terhadap lingkungan, dan kontribusi positif bagi             stewardship, and positive contributions to society.
masyarakat.


Penerapan prinsip keberlanjutan diinternalisasi melalui                 The application of sustainability principles is internalized
berbagai upaya sosialisasi, pelatihan, dan komunikasi internal          through a number of dissemination initiatives, training
yang bertujuan meningkatkan kesadaran, pemahaman,                       programs, and internal communications aimed at improving
dan partisipasi aktif karyawan di seluruh unit kerja. Melalui           awareness, understanding, and active employee participation
pendekatan ini, Perseroan membangun ekosistem kerja yang                across all work units. Through this approach, the Company
kolaboratif dan adaptif terhadap praktik bisnis berkelanjutan,          fosters a collaborative work ecosystem that is adaptive
sehingga setiap proses operasional berjalan sejalan dengan              to sustainable business practices, ensuring that every
komitmen keberlanjutan perusahaan. Dengan memperkuat                    operational process aligns with the Company’s sustainability
budaya keberlanjutan secara konsisten, Perseroan berupaya               commitments. By consistently strengthening its sustainability
menciptakan nilai tambah bagi para pemangku kepentingan,                culture, the Company seeks to create added value for all
menjaga ketangguhan usaha, serta meningkatkan daya saing                stakeholders, maintain business resilience, and increase
perusahaan dalam menghadapi dinamika industri yang terus                its competitiveness in navigating the continuously evolving
berkembang.                                                             industry landscape.




Kinerja Ekonomi
Economic Performance



Perseroan menempatkan kinerja ekonomi sebagai fondasi                   The Company places economic performance as a primary
utama dalam menjaga keberlanjutan usaha dan menciptakan                 foundation in safeguarding business sustainability and creating
nilai jangka panjang bagi seluruh pemangku kepentingan.                 long-term value for all stakeholders. Throughout 2025, the
Sepanjang tahun 2025, Perseroan terus memaksimalkan                     Company continued to optimize its economic performance
kinerja ekonomi melalui strategi bisnis yang konsisten, adaptif,        through business strategies that are consistent, adaptive,
dan berorientasi pada keberlanjutan. Fokus diarahkan pada               and sustainability-oriented. The focus was directed toward
penguatan pertumbuhan organik, sinergi antarbisnis dan                  strengthening organic growth, enhancing synergies across
Entitas Anak, serta penerapan keunggulan operasional untuk              business lines and Subsidiaries, and leveraging operational
meningkatkan efisiensi, memperkuat stabilitas finansial, dan            excellence to improve efficiency, reinforce financial stability,
membangun landasan yang solid bagi ekspansi jangka panjang.             and establish a solid foundation for long-term expansion.
[GRI 3-3]                                                               [GRI 3-3]


Di tengah berbagai tantangan ekonomi, Perseroan tetap                   Amid various economic challenges, the Company remained
berkomitmen mengalokasikan sumber daya untuk mendorong                  committed to allocating resources to drive product innovation,
inovasi produk, mempercepat adopsi teknologi, serta                     accelerate technology adoption, and improve the efficiency of
meningkatkan efisiensi proses operasional. Selain itu, Perseroan        operational processes. In addition, the Company implemented




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Tata Kelola Perusahaan yang Baik              Laporan Keberlanjutan
  Good Corporate Governance                    Sustainability Report




menjalankan berbagai inisiatif ramah lingkungan dan program            environmentally friendly initiatives and social responsibility
tanggung jawab sosial sebagai bagian dari komitmen untuk               programs as part of its commitment to delivering sustainable
memberikan manfaat berkelanjutan bagi masyarakat dan                   benefits to the community and the surrounding environment.
lingkungan sekitar. Setiap keputusan ekonomi dirancang tidak           Each economic decision is designed not only to strengthen
hanya untuk memperkuat kinerja finansial, tetapi juga untuk            financial performance, but also to generate measurable positive
memberikan dampak positif yang terukur terhadap kesejahteraan          impacts on stakeholder welfare and the long-term sustainability
pemangku kepentingan serta keberlanjutan industri. [GRI 3-3]           of the industry. [GRI 3-3]



Perbandingan Target dan                                                Comparison of Production Targets
Kinerja Produksi, Portofolio,                                          and Performance, Portfolio, Financing
Target Pembiayaan, atau Investasi,                                     or Investment Targets, Revenue,
Pendapatan dan Laba Rugi [POJK F.2]                                    and Profit and Loss [POJK F.2]

Perseroan secara konsisten melakukan pemantauan terhadap               The Company consistently monitors the achievement of its
pencapaian kinerja operasional dan keuangan dengan mengacu             operational and financial performance against predetermined
pada target yang telah ditetapkan sebagai bagian dari proses           targets as part of its strategic planning process. Periodic
perencanaan strategis. Evaluasi atas perbandingan antara               evaluations of the variance between targets and actual
target dan realisasi kinerja, baik pada aspek produksi, portofolio,    performance—across production, portfolio, financing or
pembiayaan atau investasi, pendapatan, maupun laba rugi,               investment, revenue, and profit and loss—are conducted to
dilakukan secara berkala untuk memastikan keselarasan antara           ensure alignment between strategy execution and evolving
pelaksanaan strategi dan dinamika kondisi usaha.                       business conditions.



Perbandingan Target dan Kinerja                                        Comparison of Portfolio Targets and
Portofolio, Target Pembiayaan, atau                                    Performance, Financing Target, or
Investasi pada Instrumen Keuangan atau                                 Investment on Financial Instruments
Proyek yang Sejalan dengan Keuangan                                    or Projects Aligned with Sustainable
Berkelanjutan [POJK F.3]                                               Finance [POJK F.3]

Sepanjang 3 (tiga) tahun terakhir, Perseroan tidak memiliki            Over the past 3 (three) years, the Company has not held or
atau menjalankan program investasi pada instrumen keuangan             implemented any investment programs in financial instruments
atau proyek berkelanjutan sehingga tidak terdapat informasi            or sustainable projects; therefore, there is no information
mengenai perbandingan target dan kinerja portofolio, target            available regarding the comparison of portfolio target and
pembiayaan, atau investasi pada instrumen keuangan atau                performance, financing target, or investment on financial
proyek yang sejalan dengan keuangan berkelanjutan.                     instruments or projects aligned with sustainable finance.



Nilai Ekonomi yang Dihasilkan dan                                      Generated and Distributed Economic
Didistribusikan [GRI 201-1]                                            Value [GRI 201-1]

Penciptaan dan distribusi nilai ekonomi merupakan                      The creation and distribution of economic value is
komponen fundamental dalam memastikan keberlanjutan                    a fundamental component in ensuring the Company’s business
usaha Perseroan. Nilai ekonomi yang dihasilkan tidak hanya             sustainability. The economic value generated not only reflects
mencerminkan kinerja finansial, tetapi juga menggambarkan              financial performance but also demonstrates the Company’s
kontribusi Perseroan dalam menciptakan manfaat nyata bagi              contribution to delivering tangible benefits to all stakeholders,
para pemangku kepentingan, termasuk karyawan, pemasok,                 including employees, suppliers, the government, shareholders,
pemerintah, pemegang saham, serta masyarakat di sekitar                and communities surrounding its operational areas. Through
wilayah operasional. Melalui pengelolaan sumber daya                   efficient, transparent, and responsible resource management,
yang efisien, transparan, dan bertanggung jawab, Perseroan             the Company seeks to ensure that the economic value
berupaya memastikan bahwa nilai ekonomi yang dihasilkan                generated is proportionally distributed to support inclusive and
dapat didistribusikan secara proporsional untuk mendukung              sustainable economic growth.
pertumbuhan ekonomi yang inklusif dan berkelanjutan.




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Distribusi nilai ekonomi dilakukan melalui berbagai bentuk,                  The distribution of economic value is carried out through
seperti pembayaran remunerasi kepada karyawan, pembelian                     a number of different channels, such as employee remuneration,
barang dan jasa dari pemasok lokal, kontribusi pajak                         procurement of goods and services from local suppliers, tax
kepada pemerintah, dividen kepada pemegang saham, serta                      contributions to the government, dividends to the shareholders,
pelaksanaan program tanggung jawab sosial yang memberikan                    and the implementation of social responsibility programs that
dampak positif bagi masyarakat. Pendekatan ini menegaskan                    create positive impacts for the community. This approach
komitmen Perseroan dalam menjaga keseimbangan                                underscores the Company’s commitment to maintaining
antara pencapaian kinerja finansial dan penciptaan nilai                     a balance between financial performance and the creation of
sosial-ekonomi yang berkelanjutan bagi seluruh pemangku                      sustainable socio-economic value for all stakeholders.
kepentingan.


Informasi mengenai nilai ekonomi yang dihasilkan dan                         Information on the economic value generated and distributed
didistribusikan Perseroan sepanjang 3 (tiga) tahun terakhir                  by the Company over the past 3 (three) years is presented as
diuraikan sebagai berikut:                                                   follows:


                                                                                                                (dalam jutaan Rupiah / in million Rupiah)

                     Uraian                        2025               2024               2023                       Description

 Nilai Ekonomi Langsung yang Diperoleh (Pendapatan)
 Direct Economic Value Generated (Revenue)

 Pendapatan Neto                                    2.760.422       1.920.812            702.068                                       Net Revenues

 Hasil Penjualan Aset Tetap                                  110          345                  226            Proceeds from Sale of Fixed Assets

 Pendapatan Lainnya – Neto                                     -              -            9.711                                Other Income – Net

 Jumlah                                             2.760.532       1.921.157           712.005                                                  Total

 Nilai Ekonomi yang Diatribusikan
 Economic Value Attributed
 Pembayaran Kas kepada Pemasok dan                                                                                     Cash Payments to Supplier
                                                 (1.922.164)       (1.303.552)         (519.070)
 Beban Usaha                                                                                                             and Operating Expenses
 Beban Lainnya – Neto                               (58.026)          (90.544)                   -                            Other Expenses - Net

 Pembayaran Kas kepada Karyawan                    (844.217)         (508.783)         (160.131)                    Cash Payments to Employees

 Pembayaran Beban Keuangan                         (266.561)         (200.327)          (86.499)                         Payment for Finance Cost

 Pajak Penghasilan                                   (3.279)          (18.184)            (1.979)                                      Income Taxes

 Biaya CSR                                             (813)           (1.690)            (3.694)                                           CSR Cost

 Jumlah                                          (3.095.060)       (2.123.080)         (771.373)                                                 Total

 Nilai Ekonomi yang Disimpan                       (334.528)        (201.923)           (59.368)                         Economic Value Retained




Kontribusi Pajak                                                             Tax Contribution

Perseroan memandang pengelolaan pajak sebagai bagian                         The Company views tax management as an integral part of
penting dari kontribusi nilai ekonomi. Pajak tidak hanya                     its economic value contribution. Taxes are not only a legal
merupakan kewajiban hukum, tetapi juga kontribusi nyata                      obligation but also a tangible contribution to national economic
Perseroan bagi pembangunan ekonomi nasional dan                              development and the sustainability of the state. Accordingly,
keberlanjutan negara. Oleh karena itu, Perseroan memastikan                  the Company ensures that its tax policies and practices are
bahwa kebijakan dan praktik perpajakan dijalankan secara                     implemented transparently, accountably, and in compliance
transparan, akuntabel, dan sejalan dengan ketentuan                          with applicable laws and regulations. [GRI 3-3]
perundang-undangan yang berlaku. [GRI 3-3]


Pendekatan Perseroan terhadap Pajak [GRI 207-1]                              The Company’s Approach to Tax [GRI 207-1]
Perseroan mengelola pajak berlandaskan pada prinsip                          The Company manages taxation based on the principles of
kepatuhan penuh, transparansi, dan integritas. Perseroan                     full compliance, transparency, and integrity. It is committed to
berkomitmen melaksanakan seluruh kewajiban perpajakan                        fulfilling all tax obligations accurately and on time, in accordance




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tepat waktu, akurat, dan sesuai ketentuan yang berlaku                with applicable regulations in Indonesia. The Company does
di Indonesia. Perseroan tidak melakukan praktik aggressive            not engage in aggressive tax planning or strategies aimed at
tax planning maupun strategi yang bertujuan menghindari               avoiding tax obligations. All business activities, transactions,
kewajiban pajak. Seluruh aktivitas bisnis, transaksi, dan struktur    and operational structures are designed to reflect genuine
operasional disusun untuk mencerminkan kegiatan ekonomi               economic activities, in line with the principle of substance over
yang sebenarnya, selaras dengan prinsip substance over form.          form.


Dalam operasionalnya, Perseroan mengutamakan:                         In its operations, the Company prioritizes:
1. Kepatuhan terhadap ketentuan perpajakan nasional;                  1. Compliance with national tax regulations;
2. Pencatatan dan pelaporan pajak yang akurat;                        2. Accurate tax recording and reporting;
3. Pembayaran pajak sebagai bagian dari kontribusi sosial             3. Tax payments as part of social and economic contribution;
    dan ekonomi; serta                                                     and
4. Penerapan prinsip kehati-hatian dalam setiap keputusan             4. The application of prudence in all fiscally impactful
    yang berdampak fiskal.                                                 decisions.


Tata Kelola, Pengendalian, dan Manajemen Risiko                       Tax Governance, Control, and Risk Management
Pajak [GRI 207-2]                                                     [GRI 207-2]
Perseroan menerapkan tata kelola pajak yang kuat sebagai              The Company implements strong tax governance as part of
bagian dari sistem pengendalian internal dan manajemen                its internal control and corporate risk management systems.
risiko perusahaan. Direksi, melalui unit keuangan dan                 The Board of Directors, through the finance and accounting
akuntansi, bertanggung jawab untuk memastikan bahwa                   units, is responsible for ensuring that all tax-related activities
seluruh aktivitas perpajakan dikelola secara efektif, termasuk        are effectively managed, including tax planning, reporting, and
perencanaan pajak, pelaporan, serta pemenuhan administrasi            administrative compliance.
perpajakan.


Pengendalian pajak dilakukan melalui:                                 Tax controls include:
1. Penerapan prosedur standar operasional (“SOP”)                     1. Implementation of standard operating procedures (“SOPs”)
   perpajakan;                                                            for taxation;
2. Pemantauan kepatuhan pajak dan audit internal secara               2. Periodic monitoring of tax compliance and internal audits;
   berkala;
3. Verifikasi atas perhitungan dan pelaporan pajak;                   3. Verification of tax calculations and reporting;
4. Konsultasi dengan penasihat pajak eksternal untuk isu-isu          4. Consultation with external tax consultant on technical
   teknis; serta                                                         issues; and
5. Identifikasi risiko seperti perubahan regulasi, kesalahan          5. Identification of risks, such as regulatory changes,
   administrasi, dan potensi sengketa pajak.                             administrative errors, and potential tax disputes.


Setiap risiko perpajakan dievaluasi secara berkala untuk              All tax risks are periodically evaluated to ensure that potential
memastikan bahwa potensi dampaknya terhadap operasional,              impacts on operations, reputation, and business sustainability
reputasi, dan keberlanjutan usaha dapat diminimalkan. Temuan          are minimized. Findings or recommendations from internal
atau rekomendasi dari audit internal dan eksternal digunakan          and external audits are used to continuously improve the tax
untuk perbaikan sistem perpajakan secara berkelanjutan.               management system.


Keterlibatan Pemangku Kepentingan dan                                 Stakeholder Engagement and Management of
Pengelolaan Isu Terkait Pajak [GRI 207-3]                             Tax-Related Issues [GRI 207-3]
Perseroan menyadari bahwa topik pajak merupakan isu yang              The Company recognizes that tax is a sensitive and important
sensitif dan penting bagi pemangku kepentingan, termasuk              issue for all stakeholders, including regulators, shareholders,
regulator, pemegang saham, masyarakat umum, dan mitra                 the public, and business partners. Therefore, it prioritizes
bisnis. Oleh karena itu, Perseroan mengedepankan komunikasi           open and transparent communication in delivering tax-related
yang terbuka dan transparan dalam penyampaian informasi               information.
terkait pajak.




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Keterlibatan pemangku kepentingan terkait pajak dilakukan                Stakeholder engagement on tax matters is carried out through:
melalui:
1. Kepatuhan penuh terhadap pelaporan pajak kepada                       1. Full compliance with tax reporting to authorities;
    otoritas;
2. Penyediaan informasi perpajakan yang jelas dan relevan                2. Provision of clear and relevant tax information through
    melalui Laporan Tahunan dan Laporan Keberlanjutan;                      the Annual Report and Sustainability Report;
3. Keterbukaan dalam merespons klarifikasi atau permintaan               3. Transparency in responding to inquiries or information
    informasi dari regulator;                                               requests from regulators;
4. Penerapan etika bisnis dalam transaksi dan keputusan                  4. Application of business ethics in transactions and
    yang berpotensi berdampak fiskal; serta                                 decisions with potential fiscal impact; and
5. Edukasi internal untuk meningkatkan kesadaran karyawan                5. Internal education to raise employee awareness on
    mengenai pentingnya kepatuhan pajak.                                    the importance of tax compliance.


Perseroan memastikan bahwa setiap perhatian dan harapan                  The Company ensures that all stakeholder concerns and
pemangku kepentingan terkait pajak dikelola secara                       expectations regarding taxation are managed professionally,
profesional, objektif, dan sesuai prinsip kehati-hatian. Dengan          objectively, and with prudence. This approach safeguards
demikian, Perseroan dapat menjaga reputasi korporasi                     corporate reputation and strengthens public trust in
dan memperkuat kepercayaan publik terhadap tata kelola                   the Company’s governance.
perusahaan.


Pelaporan Pajak [GRI 207-4]                                              Tax Reporting [GRI 207-4]
Terkait dengan kewajiban perpajakan, Perseroan hanya                     The Company operates solely within Indonesia and does not
beroperasi di wilayah Indonesia tanpa memiliki cabang atau               have branches or operational offices abroad. Therefore, all
kantor operasional di luar negeri. Oleh karena itu, seluruh              tax obligations and reporting are focused on the Indonesian
kewajiban dan pelaporan pajak Perseroan terfokus pada                    jurisdiction. This ensures that all tax activities are fully
yurisdiksi Indonesia. Hal ini memastikan bahwa seluruh                   compliant with domestic regulations. Information on taxes
kegiatan perpajakan yang dilakukan sepenuhnya sesuai                     paid by the Company over the past 3 (three) years is presented
dengan peraturan dan ketentuan yang berlaku di dalam negeri.             as follows:
Adapun pajak yang dibayarkan Perseroan selama 3 (tiga)
tahun terakhir diuraikan sebagai berikut:

                                                                                                          (dalam jutaan Rupiah / in million rupiah)

                  Uraian                       2025               2024                     2023                   Description

 PPh Pasal 21                                  14.461             12.112                   17.178                        Article 21 Income Tax

 PPh Pasal 22                                    1.216             1.146                    1.067                        Article 22 Income Tax

 PPh Pasal 23                                    1.068             1.932                    1.991                        Article 23 Income Tax

 PPh Pasal 26                                    1.066                86                     287                         Article 26 Income Tax

 PPh Pasal 4 ayat (2)                             579             10.594                    8.333   Article 4 paragraph (2) Income Tax (PPh)

 Pajak Bumi dan Bangunan                          100                100                     104                        Land and Building Tax

 Pajak Pertambahan Nilai                       21.850             17.871                   22.083                              Added Value Tax

 Jumlah Pembayaran Pajak                       40.340             43.841                   51.043                           Total Tax Payment




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Kinerja Lingkungan Hidup
Environmental Performance

Perseroan memandang pengelolaan lingkungan hidup sebagai             The Company views environmental management as a strategic
aspek strategis dalam memastikan keberlanjutan usaha                 aspect in ensuring business sustainability and creating
dan menciptakan nilai jangka panjang bagi para pemangku              long-term     value    for   all   stakeholders.   Recognizing
kepentingan. Kesadaran bahwa aktivitas bisnis memiliki               that business activities have the potential to impact
potensi dampak terhadap lingkungan mendorong Perseroan               the environment, the Company integrates sustainability
untuk mengintegrasikan prinsip-prinsip keberlanjutan ke              principles into every operational process. This approach aligns
dalam setiap proses operasional. Pendekatan ini selaras              with the SDGs, government policies, and POJK No. 51/2017 on
dengan SDGs, kebijakan pemerintah, serta ketentuan POJK              the Implementation of Sustainable Finance, which emphasizes
No. 51/2017 tentang Penerapan Keuangan Berkelanjutan,                that corporate success is measured not only by profitability
yang menekankan bahwa keberhasilan perusahaan tidak                  but also by contributions to social welfare and environmental
hanya diukur dari profitabilitas, tetapi juga dari kontribusinya     preservation.
terhadap kesejahteraan sosial dan kelestarian lingkungan.


Dalam implementasinya, Perseroan terus mengoptimalkan                In practice, the Company continuously optimizes a number of
berbagai inisiatif lingkungan sesuai kapasitas dan karakteristik     environmental initiatives in accordance with the capacity and
kegiatan operasional. Upaya tersebut meliputi pengelolaan            characteristics of its operations. These efforts include efficient
energi yang efisien, pengendalian emisi, penerapan sistem            energy management, emission control, implementation of
pengelolaan limbah yang bertanggung jawab, serta peningkatan         responsible waste management systems, and operational
efisiensi operasional untuk meminimalkan dampak ekologis.            efficiency improvements to minimize ecological impacts.
Perseroan juga mendorong inovasi bisnis hijau melalui adopsi         The Company also promotes green business innovation
teknologi ramah lingkungan, pengurangan jejak karbon, serta          through the adoption of environmentally friendly technologies,
penguatan praktik lingkungan di seluruh rantai pasokan.              reduction of carbon footprint, and enhancement of
                                                                     environmental practices across the entire supply chain.


Melalui berbagai upaya terstruktur dan berkelanjutan tersebut,       Through these structured and sustainable efforts, the Company
Perseroan menegaskan komitmennya untuk berkontribusi                 reaffirms its commitment to contributing to environmental
pada pelestarian lingkungan hidup, mendukung pembangunan             preservation, supporting sustainable development, and
yang berkelanjutan, dan mewujudkan kualitas hidup yang lebih         fostering a better quality of life for future generations.
baik bagi generasi mendatang.



Biaya Lingkungan Hidup [POJK F.4]                                    Environmental Costs [POJK F.4]

Perseroan mengalokasikan biaya khusus untuk mendukung                The Company allocates dedicated expenditures to support
berbagai inisiatif lingkungan, mencakup efisiensi energi,            a number of different environmental initiatives, including
pengelolaan limbah, pengendalian emisi, serta pemenuhan              energy efficiency, waste management, emission control, and
regulasi terkait. Alokasi biaya ini mencerminkan investasi           compliance with relevant regulations. This allocation reflects
nyata Perseroan dalam praktik bisnis yang berkelanjutan dan          the Company’s tangible investment in sustainable business
dirancang untuk memastikan setiap program lingkungan                 practices and is designed to ensure that each environmental
berjalan efektif, memberikan dampak positif terhadap                 program operates effectively, delivers positive impacts on
ekosistem, dan memperkuat kontribusi Perseroan bagi seluruh          the ecosystem, and reinforces the Company’s contribution to
pemangku kepentingan. Informasi mengenai alokasi biaya               all stakeholders. Information on the environmental expenditure




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lingkungan hidup yang direalisasikan Perseroan sepanjang                                  incurred by the Company over the past 3 (three) years is
3 (tiga) tahun terakhir diuraikan sebagai berikut:                                        presented as follows:

                                                                                                                                     (dalam jutaan Rupiah / in million Rupiah)

               Uraian                              2025                            2024                           2023                            Description

 Penggunaan Energi                              10.109.422                         15.221                          11.671                             Energy Consumption

 Pengendalian Emisi                                    8.165                              -                               -                              Emission Control

 Penggunaan Air                                     109.578                        25.898                          13.529                                       Water Use

 Jumlah                                         10.227.165                         41.119                         25.200                                              Total

Catatan: Data biaya lingkungan di atas mencakup karyawan Perseroan serta 3 (tiga) Entitas Anak, yaitu Holi, Ethica, dan Probiotec Pty Ltd.
Note: The environmental cost data above includes the Company’s employees as well as three Subsidiaries, namely Holi, Ethica, and Probiotec Pty Ltd.




Penggunaan Material yang                                                                  Use of Eco-Friendly Materials [POJK F.5]
Ramah Lingkungan [POJK F.5]

Perseroan menempatkan penggunaan material yang                                            The Company considers the use of eco-friendly materials as
ramah lingkungan sebagai bagian penting dalam upaya                                       a key component in minimizing the ecological impact of its
meminimalkan dampak ekologis dari aktivitas operasional.                                  operational activities. This approach aligns with the Company’s
Pendekatan ini sejalan dengan komitmen Perseroan untuk                                    commitment to integrating sustainability principles into
mengintegrasikan prinsip keberlanjutan ke dalam proses bisnis,                            business processes, while ensuring that resource utilization
sekaligus memastikan bahwa pemanfaatan sumber daya                                        is conducted wisely and responsibly. These efforts have
dilakukan secara bijak dan bertanggung jawab. Upaya ini tidak                             a purpose not only to reduce environmental burden but also to
hanya bertujuan mengurangi beban lingkungan, tetapi juga                                  support long-term efficiency and maintain ecosystem balance
mendukung terciptanya efisiensi jangka panjang dan menjaga                                around operational areas. [GRI 3-3]
keseimbangan ekosistem di sekitar wilayah operasional.
[GRI 3-3]


Dalam praktiknya, Perseroan menerapkan sejumlah inisiatif                                 In practice, the Company implements several initiatives
yang sesuai dengan karakteristik kegiatan operasional.                                    tailored to the characteristics of its operations. For example,
Pemanfaatan potongan rumput sebagai pupuk alami dilakukan                                 grass clippings are utilized as natural fertilizer to enhance soil
untuk meningkatkan kesuburan tanah sekaligus mengurangi                                   fertility while reducing the volume of organic waste. In addition,
volume limbah organik. Selain itu, pengelolaan sistem irigasi                             irrigation system managemenet are optimized by utilizing
dioptimalkan melalui pemanfaatan saluran air eksternal guna                               external water channels to reduce dependency on groundwater
menekan ketergantungan terhadap air tanah dan menjaga                                     and ensure the sustainability of water resources. [GRI 3-3]
keberlanjutan sumber daya air. [GRI 3-3]


Di sektor farmasi, penggunaan material ramah lingkungan                                   In the pharmaceutical sector, the use of eco-friendly materials
menghadapi tantangan tersendiri karena adanya persyaratan                                 presents particular challenges due to stringent requirements
ketat terkait mutu, keamanan, dan kepatuhan regulasi. Meskipun                            related to quality, safety, and regulatory compliance.
demikian, Perseroan terus berupaya mencari solusi inovatif yang                           Nevertheless, the Company continues to pursue innovative
mampu menyeimbangkan tanggung jawab lingkungan dengan                                     solutions that balance environmental responsibility with product
kualitas produk. Melalui berbagai langkah tersebut, Perseroan                             quality. Through these measures, the Company reaffirms its
menegaskan komitmennya untuk terus mengintegrasikan                                       commitment to integrating sustainability values across all
nilai-nilai keberlanjutan dalam setiap aspek operasional,                                 operational aspects, thereby delivering lasting positive impacts
sehingga mampu memberikan dampak positif yang                                             for the environment and stakeholders. [GRI 3-3]
berkelanjutan bagi lingkungan dan pemangku kepentingan.
[GRI 3-3]




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  Good Corporate Governance                     Sustainability Report




Informasi mengenai material yang digunakan Perseroan                        Information on the materials used by the Company over
sepanjang 3 (tiga) tahun terakhir diuraikan sebagai berikut:                the past 3 (three) years is presented as follows: [GRI 301-1]
[GRI 301-1]


                                      Satuan
              Uraian                                        2025               2024               2023                   Description
                                       Unit

 Material Terbarukan                                           67.762           244.234            345.807                  Renewable Material
                                         Kg
 Material Tak Terbarukan                                 23.497.594          16.948.012         19.419.078             Non-Renewable Material

 Jumlah Penggunaan Material                              23.565.357          17.192.246         19.764.885                Total Material Usage
 Jumlah Material Daur Ulang              Kg
                                                                        -              -                  -         Total Recycle Material Used
 yang Digunakan
 Persentase Penggunaan                                                                                                     Percentage Recycle
                                          %                             -              -                  -
 Material Daur Ulang [GRI 301-2]                                                                                     Material Usage [GRI 301-2]




Penggunaan Energi [POJK F.6, F.7]                                           Energy Consumption [POJK F.6, F.7]

Aktivitas operasional Perseroan memerlukan pasokan energi                   The Company’s operational activities require a reliable
untuk mendukung kelancaran proses produksi dan kegiatan                     energy supply to support smooth production processes and
perkantoran. Energi listrik yang dipasok oleh Perusahaan Listrik            office operations. Electricity supplied by the State Electricity
Negara (“PLN”) dimanfaatkan untuk menggerakkan mesin                        Company (“PLN”) is utilizaed to power production machinery,
produksi, mengoperasikan perangkat elektronik, serta menunjang              operate electronic devices, and support office facilities and
sarana dan prasarana kantor, seperti pendingin ruangan, lift, kulkas,       infrastructure, such as air conditioning, elevators, refrigerators,
dan pencahayaan. Selain listrik, Perseroan juga menggunakan                 and lighting. In addition to electricity, the Company uses
bahan bakar minyak (“BBM”) untuk pengoperasian genset, alat                 petroleum fuel (“BBM”) to operate generators, heavy equipment,
berat, serta kendaraan operasional guna memastikan kegiatan                 and operational vehicles to ensure logistics and production
logistik dan produksi berjalan optimal. [GRI 3-3]                           activities run optimally. [GRI 3-3]


Sebagai bagian dari komitmen menuju bisnis yang lebih                       As part of its commitment to a greener business,
hijau, Perseroan melaksanakan program efisiensi energi yang                 the Company implements an energy efficiency program that
menjadi bagian integral dari strategi keberlanjutan. Melalui                is an integral part of its sustainability strategy. Through this
program ini, Perseroan secara berkelanjutan mengendalikan                   program, the Company continuously monitors and improves
dan meningkatkan efisiensi penggunaan energi di seluruh unit                energy efficiency across all operational units while managing
operasional, sekaligus mengendalikan dampak lingkungan                      the associated environmental impacts. This policy is grounded
yang ditimbulkan. Kebijakan ini berlandaskan pada prinsip                   in the principles of green industry and the Company’s Quality
industri hijau dan Kebijakan Mutu Perusahaan yang                           Policy, emphasizing resource efficiency, carbon emission
menekankan efisiensi sumber daya, pengurangan emisi karbon,                 reduction, and enhanced environmental performance.
serta peningkatan kinerja lingkungan. Perseroan juga terus                  The Company also continues to adopt energy-saving
mengadopsi teknologi hemat energi dan menerapkan praktik                    technologies and implement environmentally friendly work
kerja yang ramah lingkungan guna memastikan pertumbuhan                     practices to ensure business growth aligns with environmental
bisnis yang selaras dengan kelestarian lingkungan. Beberapa                 preservation. Key implementations of this policy include:
penerapan kebijakan tersebut meliputi:
1. Mengefisiensikan penggunaan bahan bakar boiler dan                       1. Optimizing fuel consumption for boilers and generators by
    genset dengan mengubah bahan bakar solar ke gas di                         changing diesel fuel to gas, where the efficiency per month
    mana efisiensi per bulan mencapai 43% dan secara value                     reaches 43% and the value reaches approximately 40-50
    mencapai kurang lebih Rp40-50 juta per bulan;                              million per month;
2. Efisiensi listrik melalui program penggantian lampu                      2. Electrical efficiency by replacing lamps with Light-Emitting
    menjadi lampu Light-Emitting Diode (“LED”);                                Diode (“LED”) lamps;




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3. Melakukan penempatan label hemat energi di beberapa tempat;            3. Placing energy-saving labels in several places;
4. Menggunakan sensor gerak/sensor cahaya;                                4. Using motion sensors/light sensors;
5. Menggunakan atau penggantian motor penggerak dengan                    5. Using or replacing the drive motor with an inverter system;
   menggunakan sistem inverter; serta                                        and
6. Mengatur program scheduling operasional mesin produksi                 6. Managing production and utility machinery operational
   dan utilitas.                                                             scheduling program.


Informasi mengenai penggunaan energi Perseroan sepanjang                  Information on the Company’s energy consumption over
3 (tiga) tahun terakhir diuraikan sebagai berikut:                        the past 3 (three) years is presented as follows:


                                       Satuan
                Uraian                                        2025           2024*)             2023*)                     Description
                                        Unit

 Penggunaan BBM Solar [GRI 302-1]
 Diesel Fuel Consumption

 Pyfa                                                         2.770,00          133,96             210,91                                     Pyfa

 Holi                                                           74,00            68,21           2.982,92                                      Holi

 Ethica                                                              -           67,89              93,71                                   Ethica

 Probiotec Pty Ltd                        GJ                         -                 -                 -                       Probiotec Pty Ltd

 Jumlah                                                       2.844,00          270,06           3.287,54                                     Total

 Intensitas Penggunaan BBM                               0,0010303         0,0001406           0,0046827              Fuel Consumption Intensity

 Efisiensi Penggunaan BBM                                0,0008897        (0,0045421)         (0,0041254)            Fuel Consumption Efficiency

 Penggunaan Listrik [ESG E-03] [GRI 302-1]
 Electricity Consumption

 Pyfa                                                     10.629,90           9.515,69           9.006,25                                     Pyfa

 Holi                                                     10.194,97         27.291,60           14.165,65                                      Holi

 Ethica                                   GJ              21.470,40         23.224,32           22.802,40                                   Ethica

 Probiotec Pty Ltd                                        36.378,45                    -                 -                       Probiotec Pty Ltd

 Jumlah                                                   78.673,32         60.031,61          45.974,30                                      Total
 Intensitas Penggunaan Listrik                                                                                    Electricity Consumption Intensity
                                    GJ/Juta Rupiah       0,0285005         0,0312532           0,0654841
 [GRI 302-3]                                                                                                                           [GRI 302-3]
                                      GJ/Million
 Efisiensi Penggunaan Listrik          Rupiah                                                                    Electricity Consumption Efficiency
                                                         0,0027528        (0,0342309)          0,0170324
 [GRI 302-4]                                                                                                                           [GRI 302-3]
 Penggunaan Compressed Natural Gas (“CNG”) [GRI 302-1]
 Use of Compressed Natural Gas (“CNG”)

 Ethica                                   GJ              25.942,76         29.927,70           29.292,56                                   Ethica

 Intensitas Penggunaan CNG          GJ/Juta Rupiah       0,0093981         0,0155808           0,0417233               CNG Consumption Intensity
                                      GJ/Million
 Efisiensi Penggunaan CNG              Rupiah            0,0061826         0,0261425                     -            CNG Consumption Efficiency

*) Data disajikan kembali.
*) Data restated.


Sampai dengan akhir tahun 2025, Perseroan hanya melaporkan                As of the end of 2025, the Company has reported only direct
penggunaan energi langsung dan belum melakukan                            energy consumption and has not yet calculated its indirect
penghitungan energi yang digunakan secara tidak langsung.                 energy consumption.



Pengendalian Emisi [POJK F.11, F.12]                                      Emission Control [POJK F.11, F.12]

Pengendalian emisi menjadi salah satu fokus utama Perseroan               Emission control is one of the Company’s key priorities in
dalam menjalankan operasional yang bertanggung jawab                      conducting environmentally responsible operations. Given
terhadap lingkungan. Mengingat aktivitas bisnis Perseroan                 that the Company’s business activities involve the use of
melibatkan penggunaan mesin produksi, sarana dan prasarana                production machinery, office facilities and infrastructure, as
kantor, serta energi yang berpotensi menghasilkan emisi,                  well as energy consumption that may generate emissions,
Perseroan berkomitmen untuk melakukan pemantauan,                         the Company is committed to continuously monitoring,



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pengukuran, dan pengelolaan emisi secara berkelanjutan.                             measuring, and managing emissions. These efforts aim to
Upaya ini bertujuan untuk mengurangi dampak lingkungan yang                         reduce the environmental impact resulting from production
dihasilkan dari kegiatan produksi, konsumsi bahan bakar, serta                      activities, fuel consumption, and logistics operations. [GRI 3-3]
aktivitas logistik. [GRI 3-3]


Sebagai bagian dari komitmen tersebut, Perseroan mulai                              As part of this commitment, the Company has begun structured
melakukan pengukuran emisi gas rumah kaca (“GRK”) secara                            measurements of greenhouse gas (“GHG”) emissions to
terstruktur untuk memastikan setiap sumber emisi dapat                              ensure that all emission sources are properly managed.
terkelola dengan baik. Pengukuran ini mencakup emisi Cakupan                        This measurement covers Scope 1 and Scope 2 emissions,
1 dan Cakupan 2, yang dilakukan dengan mengacu pada                                 following the Greenhouse Gas (“GHG”) Protocol. Scope 1
Greenhouse Gas (“GHG”) Protocol. Emisi Cakupan 1 merupakan                          emissions represent direct emissions from the combustion
emisi langsung dari pembakaran bahan bakar fosil pada mesin,                        of fossil fuels in machinery, vehicles, and heavy equipment,
kendaraan, dan alat berat. Sementara itu, emisi Cakupan                             while Scope 2 emissions came from electricity consumption
2 berasal dari penggunaan listrik yang disuplai oleh pihak                          supplied by external parties, such as PLN, to support production
eksternal, seperti PLN, untuk menunjang kegiatan produksi dan                       and office operations. The measurement of both scopes is
operasional kantor. Pengukuran atas kedua cakupan tersebut                          conducted using the following methodology: [GRI 3-3]
dilakukan dengan metodologi sebagai berikut: [GRI 3-3]


                    Emisi Gas Rumah Kaca Cakupan 1                                                 Emisi Gas Rumah Kaca Cakupan 2
                   Scope 1 Greenhouse Gas Emissions                                               Scope 2 Greenhouse Gas Emissions

 Σ Emisi = Konsumsi Bahan Bakar (liter) x Faktor Emisi (Kg/Tj)2) x NCV (Tj/liter)       Σ Emisi = Konsumsi Listrik (kWh) x Faktor Emisi (kgCO2/kWh)
    Σ Emission = Fuel Consumption (liter) x Emission Factor (Kg/Tj)2) x NCV             Σ Emission = Electricity Consumption (kWh) x Emission Factor
                                   (Tj/liter)                                                                     (kgCO2/kWh)


Sebagai langkah lanjutan dalam pengelolaan emisi, Perseroan                         As a further step in emission management, the Company
memperluas cakupan pemantauan hingga pada emisi GRK                                 has expanded its monitoring scope to include Scope 3 GHG
Cakupan 3 yang berkaitan dengan aktivitas di luar kendali                           emissions, which relate to activities beyond the Company’s
langsung perusahaan. Emisi ini mencakup sumber tidak                                direct control. These emissions include indirect sources
langsung dari rantai pasok, transportasi dan distribusi,                            from the supply chain, transportation and distribution,
penggunaan produk oleh konsumen, serta pengelolaan limbah                           product use by consumers, and operational waste
operasional. Langkah ini mencerminkan kesadaran bahwa                               management. This initiative reflects the awareness that
kontribusi terhadap perubahan iklim tidak hanya bersumber                           the Company’s contribution to climate change extends beyond
dari kegiatan internal, tetapi juga dari interaksi Perseroan                        internal activities to its interactions with the entire business
dengan seluruh ekosistem bisnisnya. [GRI 3-3]                                       ecosystem. [GRI 3-3]


Meskipun data kuantitatif atas emisi Cakupan 3 belum tersedia                       Although quantitative data on Scope 3 emissions is not
hingga akhir periode pelaporan karena keterbatasan data dan                         yet available at the end of the reporting period due to data
kompleksitas penghitungan, Perseroan berkomitmen untuk                              limitations and calculation complexities, the Company is
memperkuat sistem pemantauan dan pelaporan emisi guna                               committed to strengthening its emission monitoring and
memastikan transparansi dan akurasi dalam penyampaian                               reporting system to ensure transparency and accuracy in
informasi keberlanjutan di masa mendatang.                                          future sustainability disclosures.


Informasi mengenai jumlah emisi yang dihasilkan Perseroan                           Information on the Company’s total emissions over the past
sepanjang 3 (tiga) tahun terakhir diuraikan sebagai berikut:                        3 (three) years is presented as follows:

Emisi GRK yang Dihasilkan Perseroan [ESG E-01]
GHG Emission Generated by the Company

                                          Satuan
         Sumber Emisi                                            2025                  2024*)            2023*)               Emission Source
                                           Unit

 Emisi Gas Rumah Kaca Cakupan 1 [GRI 305-1]
 Scope 1 Greenhouse Gas Emission
 Emisi Langsung dari                                                                                                               Direct Emission from
                                          TonCO2e              9.137,40                1.700,23          1.898,82
 Pembakaran Stasioner                                                                                                            Stationary Combustion
 Total Emisi Cakupan 1                    TonCO2e              9.137,40                1.700,23          1.898,82               Total Scope 1 Emission




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                                              Satuan
           Sumber Emisi                                                2025                   2024*)                 2023*)                  Emission Source
                                               Unit

 Emisi Gas Rumah Kaca Cakupan 2 Tidak Langsung [GRI 305-2]
 Indirect Scope 2 Greenhouse Gas Emmission
 Emisi Tidak Langsung                                                                                                                 Indirect Emission from Electricity
 dari Konsumsi Listrik yang                   TonCO2e               10.148,35                15.574,87             11.927,78             Consumption Purchased from
 Dibeli dari PLN                                                                                                                                                   PLN
 Total Emisi Cakupan 2                        TonCO2e               10.148,35               15.574,87             11.927,78                     Total Scope 2 Emission

 Total Emisi Cakupan 1 dan 2                  TonCO2e               19.285,75               11.848,58             12.047,17              Total Scope 1 and 2 Emission
                                           TonCO2e/Juta
 Intensitas Emisi Cakupan 1 dan               Rupiah                                                                                           Scope 1 and 2 Emission
                                                                    0,006987                 0,006169              0,017160
 2 [GRI 305-4]                            TonCO2e/Million                                                                                         Intensity [GRI 305-4]
                                              Rupiah
                                           TonCO2e/Juta
 Efisiensi Emisi Cakupan 1                    Rupiah                                                                                           Scope 1 and 2 Emission
                                                                   (0,000818)                0,010991                         -
 dan 2 [GRI 305-5]                        TonCO2e/Million                                                                                        Efficiency [GRI 305-5]
                                              Rupiah
 Program Carbon Offsets/Credits**)            TonCO2e                         -                        -                      -       Carbon Offsets/Credits Program**)

Catatan: Data emisi GRK dihasilkan dari Pyfa, Holi, dan Ethica.
*) Data disajikan kembali.
**) Perseroan belum memiliki program terkait dengan carbon offsets/credits. Strategi pengurangan emisi GRK yang dijalankan lebih berfokus pada efisiensi penggunaan energi.
Notes: Environmental cost data from Pyfa, Holi and Ethica.
*) Data restated.
**) The Company currently does not have any program related to carbon offsets/credits. Its GHG emission reduction strategy remains focused on energy efficiency.



                                    Intensitas Emisi GRK Cakupan 1 (satu) dan Cakupan 2 (dua) [ESG E-02] [GRI 305-4]
                                                Scope 1 (one) and Scope 2 (two) GHG Emission Intensity

                             2025                                                 2024*)                                                   2023*)

                     0,006987                                                 0,006169                                                  0,017160
                TonCO2e/Juta Rupiah                                      TonCO2e/Juta Rupiah                                       TonCO2e/Juta Rupiah
               TonCO2e/Million Rupiah                                   TonCO2e/Million Rupiah                                    TonCO2e/Million Rupiah

*) Data disajikan kembali.
*) Data restated.



Komitmen terhadap Pencapaian Net Zero Emission                                            Commitment to Achieving Net Zero Emission and
dan Efisiensi Emisi Gas Rumah Kaca [ESG E-06, E-07]                                       Greenhouse Gas Emission Efficiency [ESG E-06, E-07]
Perseroan berkomitmen mendukung pencapaian Net                                            The Company is committed to supporting Indonesia’s Net
Zero Emission yang ditetapkan Indonesia di tahun 2060                                     Zero Emission target by 2060 through planned and continuous
melalui pengurangan emisi GRK secara terencana dan                                        reductions in GHG emissions. To this end, the Company has
berkesinambungan. Untuk itu, Perseroan menetapkan target                                  established long-term targets to lower emissions relative to
jangka panjang dalam menurunkan emisi dibandingkan tahun                                  a baseline year, while strengthening its contribution to climate
dasar, sekaligus memperkuat kontribusi terhadap upaya                                     change mitigation efforts.
mitigasi perubahan iklim.


Komitmen tersebut diwujudkan melalui peningkatan efisiensi                                This commitment is realized through improving energy
energi, pengurangan ketergantungan pada bahan bakar fosil,                                efficiency, reducing dependence on fossil fuels, and
serta penerapan teknologi rendah karbon di seluruh proses                                 implementing low-carbon technologies across all operational
operasional. Perseroan juga berfokus pada pengelolaan                                     processes. The Company also focuses on managing emissions
emisi di sepanjang rantai nilai, termasuk optimalisasi logistik,                          throughout the value chain, including logistics optimization,
pemanfaatan energi terbarukan, dan kolaborasi dengan mitra                                utilization of renewable energy, and collaboration with business
usaha untuk menekan dampak lingkungan. Melalui inovasi                                    partners to minimize environmental impacts. Through
berkelanjutan dan kepatuhan terhadap standar lingkungan,                                  continuous innovation and adherence to environmental
Perseroan berupaya mempercepat transisi menuju operasional                                standards, the Company strives to accelerate the transition
beremisi rendah dan mewujudkan pertumbuhan yang ramah                                     toward low-emission operations and achieve environmentally
lingkungan.                                                                               responsible growth.




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Penggunaan Air [POJK F.8] [ESG E-04]                                       Water Use [POJK F.8] [ESG E-04]

Air merupakan sumber daya penting yang menunjang seluruh                   Water is a vital resource supporting all of the Company’s
aktivitas Perseroan, baik untuk proses produksi maupun                     activities, both for production processes and operational
kebutuhan operasional. Menyadari pentingnya pengelolaan air                needs. Recognizing the importance of efficient and responsible
yang efisien dan bertanggung jawab, Perseroan berkomitmen                  water management, the Company is committed to ensuring
untuk memastikan setiap pemanfaatan air dilakukan secara                   that water use is conducted wisely in accordance with
bijak sesuai prinsip keberlanjutan. Air digunakan terutama                 sustainability principles. Water is primarily used for domestic
untuk keperluan domestik, seperti sanitasi, konsumsi karyawan,             purposes, such as sanitation, employee use, and maintenance
dan pemeliharaan fasilitas operasional. Pasokan air diperoleh              of operational facilities. The water supply is sourced from
dari Perusahaan Daerah Air Minum (“PDAM”) yang menjamin                    the Local Water Supply Utility (“PDAM”), which ensures
ketersediaan air bersih sesuai standar kualitas yang berlaku.              the availability of clean water in compliance with applicable
[GRI 3-3]                                                                  quality standards. [GRI 3-3]


Untuk menjaga efisiensi dan akurasi penggunaan air, Perseroan              To maintain efficiency and accuracy in water use, the Company
melakukan pemantauan konsumsi secara sistematis melalui                    systematically monitors usage through manual recording with
pencatatan manual dengan flow meter pada suplai air dari deep              flow meters on water supplied from deep wells. In addition,
well. Selain itu, estimasi kebutuhan air domestik untuk kegiatan           domestic water requirements for production and operational
produksi dan operasional dilakukan berdasarkan dokumen                     activities are estimated based on the Environmental Impact
Analisis Mengenai Dampak Lingkungan (“AMDAL”). Penerapan                   Analysis (“EIA”) document. This method helps the Company
metode ini membantu Perseroan mengendalikan konsumsi                       control water use accurately, improve usage efficiency, and
air secara akurat, meningkatkan efisiensi penggunaan, serta                ensure compliance with applicable environmental management
menjamin kepatuhan terhadap standar pengelolaan lingkungan                 standards. [GRI 3-3]
yang berlaku. [GRI 3-3]


Informasi mengenai penggunaan air Perseroan sepanjang                      Information on the Company’s water use over the past 3 (three)
3 (tiga) tahun terakhir diuraikan sebagai berikut:                         years is presented as follows:


                                       Satuan
               Uraian                                          2025           2024              2023                 Description
                                        Unit

 Penggunaan Air [GRI 303-3]
 Water Use

 Air Permukaan                                                                                                              Surface Water
 (Danau, Sungai, dan lainnya)                                                                                             (Lake, River, etc)

 Ethica                                                        48.808         47.088            60.139                               Ethica
                                          m3
 Sub Jumlah                                                    48.808         47.088            60.139                            Sub Total

 Air Tanah                                                                                                                    Groundwater

 Pyfa                                                          25.639         23.986            13.627                                 Pyfa

 Holi                                     m3                   14.955         16.995            13.613                                 Holi

 Sub Jumlah                                                    40.594         40.981            27.240                            Sub Total

 Air Lainnya                                                                                                                   Other Water

 Probiotec Pty Ltd                                             83.939                -                 -                 Probiotec Pty Ltd

 Sub Jumlah                               m   3
                                                               83.939                -                 -                          Sub Total

 Jumlah                                                      173.341          88.069            87.379                                Total

 Intensitas Penggunaan Air          m3/Juta Rupiah              0.063          0.046             0.124                 Water Use Intensity

 Efisiensi Penggunaan Air          m³/Million Rupiah            0.017         (0.079)            0.014                Water Use Efficiency




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Di samping itu, Perseroan terus melanjutkan inisiatif terkait                  In addition, the Company continues to advance water efficiency
efisiensi air melalui berbagai upaya berikut:                                  initiatives through the following measures:
1. Memantau pemakaian air harian dan didokumentasikan                          1. Monitor daily water use and documenting it on a monthly
     setiap bulan;                                                                  basis;
2. Melakukan estimasi penggunaan air domestik untuk produksi                   2. Estimate domestic water use for production and others
     dan lain-lain yang tercantum di dalam Dokumen AMDAL; serta                     listed in the EIA Document; and
3. Menyosialisasikan penghematan air kepada seluruh karyawan.                  3. Disseminate water saving effort to all employees.


Sejalan dengan program efisiensi, Perseroan juga                               In line with its efficiency programs, the Company has also
merealisasikan program inisiatif konservasi air sebagai                        implemented water conservation initiatives as part of its
wujud komitmen terhadap pelestarian sumber daya air dan                        commitment to preserving water resources and maintaining
keseimbangan ekosistem. Langkah-langkah konservasi yang                        ecosystem balance. Conservation measures are carried out
dilakukan melalui berbagai upaya berikut:                                      through the following efforts:
1. Pembuatan sumur resapan di sejumlah titik di area power                     1. Construction of infiltration wells at a number of points in
    and maintenance dan belakang kantor;                                            the Power and Maintenance area and behind the office;
2. Pembuatan 4 (empat) biopori pada pabrik Perseroan dan                       2. Construction of 4 (four) biopores at the Company’s
    pembuatan sekitar 50 (lima puluh) lubang biopori pada                           manufacturing facility and approximately 50 (fifty) biopores
    sekitar bangunan dan kebun pabrik Perseroan;                                    around the Company’s buildings and factory gardens.
3. Pemanfaatan drain atau buangan air purified water sistem                    3. Utilization of drain or purified water system for domestic
    untuk domestik; serta                                                           use; and
4. Pemanfaatan drain atau buangan air back wash untuk                          4. Utilization of drain or backwash water for domestic use.
    domestik.



Pengelolaan Limbah [POJK F.14]                                                 Waste Management [POJK F.14]

Perseroan menyadari bahwa aktivitas operasional di bidang                      The Company recognizes that its pharmaceutical operations
farmasi berpotensi menghasilkan berbagai jenis limbah yang                     have the potential to generate a number of different types of
berdampak pada lingkungan. Limbah yang tidak dikelola                          waste that may impact the environment. Improperly managed
dengan baik dapat menimbulkan risiko lingkungan, risiko                        waste can pose environmental risks, health risks to surrounding
kesehatan bagi masyarakat sekitar, risiko operasional, serta                   communities, operational risks, as well as compliance
risiko kepatuhan terhadap regulasi kesehatan, lingkungan, dan                  risks related to health, environmental, and pharmaceutical
farmasi. Oleh karena itu, pengelolaan limbah menjadi salah satu                regulations. Therefore, waste management is one of the most
aspek yang paling penting dalam memastikan keberlanjutan                       critical aspects in ensuring the sustainability of the Company’s
operasional Perseroan. [GRI 3-3] [GRI 306-1]                                   operations. [GRI 3-3] [GRI 306-1]


Perseroan dan Entitas Anak melaksanakan pengelolaan limbah                     The Company and its Subsidiaries implement responsible
secara bertanggung jawab melalui kerja sama dengan pihak                       waste management through collaboration with certified
ketiga bersertifikasi, sesuai ketentuan peraturan yang berlaku.                third-party providers, in accordance with applicable regulations.
Limbah yang dihasilkan mencakup limbah cair, limbah bahan                      The waste generated includes liquid waste, hazardous and toxic
berbahaya dan beracun (“B3”), serta limbah non-B3. Informasi                   waste (“B3”), and non-hazardous and toxic waste. Information
mengenai program pengelolaan limbah Perseroan diuraikan                        regarding the Company’s waste management programs is
sebagai berikut: [GRI 306-2]                                                   presented as follows: [GRI 306-2]


                                                              Limbah Air [GRI 306-2]
                                                                  Wastewater

 Limbah air Perseroan berasal dari kegiatan rumah tangga dan operasional     The Company’s wastewater originates from household activities and
 produksi. Seluruh limbah air tersebut diolah melalui Instalasi Pengolahan   production operations. All wastewater is treated through the Wastewater
 Air Limbah (IPAL) sebelum dibuang ke badan air. IPAL Perseroan              Treatment Plant (WWTP) before being discharged into water bodies.
 menerapkan kombinasi metode pengolahan fisika, kimia, dan biologi,          The Company’s WWTP applies a combination of physical, chemical, and
 termasuk proses koagulasi dan flokulasi serta pengolahan biologis           biological treatment methods, including coagulation and flocculation
 menggunakan bakteri aerob dan anaerob. IPAL memiliki kapasitas              processes as well as biological treatment using aerobic and anaerobic
 pengolahan sebesar 80 m³ per hari dan dirancang untuk memastikan            bacteria. The WWTP has a treatment capacity of 80 m³ per day and
 kualitas air limbah memenuhi baku mutu lingkungan yang berlaku.             is designed to ensure that wastewater quality meets applicable
 Untuk memastikan kepatuhan terhadap peraturan lingkungan, Perseroan         environmental standards. To ensure compliance with environmental
 secara rutin melakukan pengujian kualitas air limbah setiap bulan melalui   regulations, the Company conducts monthly wastewater quality testing
 laboratorium eksternal berizin, guna memastikan air limbah yang dibuang     through a licensed external laboratory, ensuring that discharged
 telah memenuhi standar baku mutu yang ditetapkan.                           wastewater meets the required environmental quality standards.




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                                                             Limbah B3 [GRI 306-2]
                                                           Hazardous and Toxic Waste

 Limbah B3 adalah limbah yang mengandung zat-zat yang bersifat               Hazardous and toxic waste is waste that contains substances
 berbahaya dan beracun, yang dapat membahayakan makhluk hidup serta          that are dangerous and toxic, which can harm living creatures and
 lingkungan. Dalam pengelolaan limbah B3, Perseroan telah memperoleh         the environment. In the management of Hazardous and toxic waste,
 surat izin penyimpanan sementara limbah B3 yang diterbitkan oleh            the Company has obtained a temporary storage permit for Hazardous and
 Badan Lingkungan Hidup setempat, sesuai dengan lokasi operasional           toxic waste issued by the Local Environment Agency, in accordance with
 Perseroan dan Entitas Anak.                                                 the location of the Company’s operations and Subsidiaries.

 Limbah B3 yang dihasilkan oleh Perseroan melalui PT Holi Pharma             Hazardous and Toxic (B3) Waste generated by the Company through
 diklasifikasikan ke dalam 14 kode Limbah B3 sesuai dengan ketentuan         PT Holi Pharma is classified into 14 B3 waste codes in accordance with
 yang berlaku, yang terdiri dari:                                            applicable regulations, consisting of:
 1. Accu atau baterai bekas;                                                 1. Used accumulators or batteries;
 2. Limbah laboratorium yang mengandung B3;                                  2. Laboratory waste containing B3;
 3. Pelarut bekas lainnya yang belum dikodefikasi;                           3. Other unused solvents not yet codified;
 4. Kemasan bekas B3;                                                        4. Used B3 packaging;
 5. Minyak pelumas bekas, antara lain minyak hidrolik, minyak                5. Used lubricating oils, including hydraulic oil, engine oil, gear oil,
      mesin, minyak gear, minyak pelumasan, minyak insulasi, minyak              lubrication oil, insulation oil, heat transmission oil, grit chambers,
      perpindahan panas (heat transmission oil), grit chambers, separator,       separators, and/or mixtures thereof;
      dan/atau campurannya;
 6. Limbah resin atau penukar ion;                                           6.  Resin or ion-exchange waste;
 7. Limbah elektronik, termasuk cathode ray tube (CRT), lampu TL,            7.  Electronic waste, including cathode ray tubes (CRT), fluorescent
      printed circuit board (PCB), dan kawat logam;                              lamps (TL), printed circuit boards (PCB), and metal wires;
 8. Filter bekas dari fasilitas pengendalian pencemaran udara;               8. Used filters from air pollution control facilities;
 9. Kain majun bekas (used rags) dan sejenisnya;                             9. Used rags and similar materials;
 10. Bahan atau produk yang tidak memenuhi spesifikasi teknis,               10. Materials or products that do not meet technical specifications, are
      kedaluwarsa, atau sisa;                                                    expired, or leftover;
 11. Residu proses produksi dan formulasi;                                   11. Production and formulation process residues;
 12. Lumpur (sludge) dari IPAL;                                              12. Sludge from the Wastewater Treatment Plant (WWTP);
 13. Bahan kimia kedaluwarsa; dan                                            13. Expired chemicals; and
 14. Residu sampel Limbah B3.                                                14. Residual B3 waste samples.

 Sebagai bentuk pengelolaan limbah B3, PT Holi Pharma memiliki 2 (dua)       As part of its B3 waste management, PT Holi Pharma maintains
 tempat penyimpanan sementara (TPS) Limbah B3 yang telah berizin             2 (two) licensed temporary storage facilities (TPS) for B3 waste with
 dengan kapasitas total sebesar 7,22 ton per bulan. Limbah B3 tersebut       a total capacity of 7.22 tons per month. The B3 waste is subsequently
 selanjutnya diangkut dan dimusnahkan oleh pengelola Limbah B3 berizin,      transported and destroyed by a licensed B3 waste management provider,
 yaitu PT Wastec International, sesuai dengan ketentuan peraturan            PT Wastec International, in compliance with applicable laws and
 perundang-undangan yang berlaku.                                            regulations.


                                                          Limbah Non–B3 [GRI 306-2]
                                                        Non-Hazardous and Toxic Waste

 Limbah non-B3 dibagi menjadi 2 (dua) jenis, yaitu sampah organik dan        Non-hazardous and toxic waste is divided into 2 (two) types, namely
 anorganik. Sampah yang dihasilkan berasal dari kegiatan produksi,           organic and inorganic waste. The waste generated comes from
 perkantoran, dan rumah tangga. Perseroan menyediakan tempat sampah          production activities, offices, and households. The Company provides
 terpisah sesuai dengan jenis sampah tersebut. Selain itu, Perseroan juga    separate trash bins according to the type of waste. In addition, the
 aktif menanamkan kesadaran kepada karyawan mengenai pentingnya              Company also actively instills awareness among employees about the
 pengurangan sampah serta penerapan prinsip reduce, reuse, dan recycle       importance of waste reduction and the implementation of reduce, reuse,
 (“3R”) dalam lingkungan kerja.                                              and recycle (“3R”) principles in the working environment.


Jumlah Limbah dan Efluen yang Dihasilkan berdasarkan Jenis [POJK F.13] [ESG E-05] [GRI 306-3]
Total Waste and Effluent Generated by Type

                                        Satuan
              Uraian                                          2025                 2024                 2023                    Description
                                         Unit

 Limbah Air Rumah Tangga
 Household Wastewater

 Pyfa                                                                -                   -                    -                                   Pyfa

 Holi                                                          1.873                     -                    -                                    Holi
                                           m3
 Ethica                                                       41.487              40.021               50.825                                   Ethica

 Sub Jumlah                                                   43.360              40.021               50.825                                Sub Total




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   Performance Highlights             Management Reports                   Company Profile                        Management Discussions and Analysis




                                    Satuan
              Uraian                                       2025                 2024                     2023                    Description
                                     Unit

 Air Tanah
 Groundwater

 Pyfa                                                      29.634              17.175                    16.109                                       Pyfa

 Holi                                                       3.995                5.310                    2.552                                       Holi

 Ethica                                m3                         -                   -                       -                                  Ethica

 Sub Jumlah                                                29.634              22.485                    18.661                               Sub Total

 Jumlah                                                    72.994              62.506                    69.486                                    Total



Limbah B3 [POJK F.13] [ESG E-05] [GRI 306-3]
Hazardous and Toxic Waste

                                   Sumber Limbah               Satuan
            Uraian                                                                         2025                    2024                   2023
                                    Waste Source                Unit

 Pyfa

                                        QA, QC                                                   -                         -                      -

                                        QA,QC                                                    -                         -                      -
 Product Reject                                                       Kg
                                       Produksi
                                                                                          512,73                    392,80                  633,87
                                      Production
                                         PPIC                                             4.575,95                    2.253               2.196,85

                                            QC                                             811,25                   481,13                  305,78

                                            QA                                            1.428,58                        41              1.624,26

                                         R&D                          Kg                   556,29                      5,68               1.454,60
 Product Reject
                                 Produksi, QC, QA, R&D
                                                                                                     -                     -                      -
                                Production, QC, QA, R&D
                                  QA, Produksi, PPIC
                                                                                                     -                     -                      -
                                 QA, Production, PPIC
                                         Plant                                                    1                       32                      -
 Sub Jumlah
                                                                                          7.885,80                3.205,61                6.215,36
 Sub Total
                                        QA, QC                                                       -                     -                      -

                                        QA, QC                                                       -                     -                      -

                                            QC                                              65,56                 1.063,08                   43,20

                                         PPIC                                             1.309,78                1.263,30                  106,06
 Limbah Farmasi Padat
                                         R&D                          Kg                             -                     -                276,66
 Solid Pharmaceutical Waste
                                      Purchasing                                               7,53                        -                      -
                                       Produksi
                                                                                           263,15                   379,79                   88,88
                                      Production
                                     QC,Produksi
                                                                                                     -                     -                      -
                                    QC, Production
 Sub Jumlah
                                                                                          1.646,02                2.706,17                  514,80
 Sub Total
                                        QA, QC                        Kg                             -                     -                      -
                                     QC, Produksi
 Limbah Farmasi Cair                                                                                 -                     -                      -
                                    QC, Production
 Liquid Pharmaceutical Waste
                                   QA, QC, Produksi
                                                                                                     -                     -                      -
                                  QA, QC, Production




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Tata Kelola Perusahaan yang Baik                  Laporan Keberlanjutan
  Good Corporate Governance                        Sustainability Report




                                     Sumber Limbah                   Satuan
              Uraian                                                             2025            2024              2023
                                      Waste Source                    Unit

                                        QA, Produksi
                                                                                        -               -                   -
                                       QA, Production
                                          Produksi
                                                                                2.718,51           762,04           613,16
                                         Production
                                             QA                                      47              115            122,88
 Limbah Farmasi Cair
                                            R&D                            Kg           -        1.655,05           320,29
 Liquid Pharmaceutical Waste
                                            PPIC                                  826,28           697,50           764,74

                                             QC                                   951,24           673,84           849,37
                                    QA, Produksi, R&D, QC
                                                                                        -               -                   -
                                   QA, Production, R&D, QC
 Sub Jumlah
                                                                                4.543,03         3.903,43         2.670,44
 Sub Total
                                          Produksi
                                                                                  192,73           192,81                   -
                                         Production
                                          Produksi
                                                                                        -               -               76,47
                                         Production

 Dust Collector                             PPIC                           Kg      11,63            30,20                1,36
                                       Produksi, P&M
                                                                                        -               -                   -
                                      Production, P&M
                                            P&M                                   886,01             536                 317

                                          P&M, QA                                       -               -                   -
Sub Jumlah
                                                                                 1.090,37         759,01            394,83
Sub Total
                                            P&M                                  9.081,90           9.108                   -
Sludge IPAL
                                            P&M                                             -           -                   -
Sub Jumlah
                                                                                 9.081,90          9.108                    -
Sub Total
                                             QC                                  6.553,41           4.139                   -
Limbah Lab
                                            R&D                                             -           -           390,65
Lab Waste
                                             QC                                             -           -          1.422,35
Sub Jumlah
                                                                                 6.553,41          4.139          1.813,00
Sub Total
Jumlah Limbah Pyfa
                                                                                30.800,53       23.821,22        11.608,43
Total Waste – Pyfe
Holi

Product Reject                           Warehouse                               8.866,22       14.653,96          7.958,28
                                          Produksi
                                                                                 2.425,31        2.511,65
Limbah Farmasi Padat                     Production
                                                                                                                   4.355,71
Solid Pharmaceutical Waste          Produksi, Warehouse
                                                                                 3.693,37        4.988,35
                                   Production, Warehouse
Limbah Farmasi Cair
                                             QC                            Kg    4.607,29         4.501,3          3.170,08
Liquid Pharmaceutical Waste
                                          Produksi
Dust Collector                                                                    581,19           546,33          1.244,93
                                         Production
Sludge IPAL                                Utility                               9.647,08       17.666,69          1.741,05
Limbah Lab
                                             QC                                   994,39           696,79           317,57
Lab Waste
 Jumlah Limbah Holi
                                                                                30.814,85       45.565,04        18.787,62
 Total Waste – Holi




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                                  Sumber Limbah             Satuan
               Uraian                                                               2025            2024                   2023
                                   Waste Source              Unit

Ethica
                                      Produksi
                                                                                  29.989,41         3.654,44              11.777,36
                                     Production
                                     Warehouse                                     2.147,24                 -              4.157,53
Reject Product                                                 Kg
                                        R&D                                                -                -               123,339
                                    Produksi, QC
                                                                                           -                -                      -
                                   Production, QC
Sub Jumlah
                                                                                  32.136,65         3.654,44             16.058,23
Sub Total
                                      Produksi
                                                                                   2.270,26         1.410,32                 34,280
Material Terkontaminasi B3           Production
Hazardous and Toxic Waste                                      Kg
                                     Warehouse                                             -                -               242,830
Contaminated Material
                                         QC                                          607,70         1.684,21                 20,270

                                        R&D                                          292,29            82,37                210,860
                                                               Kg
                                     Engineering                                           -                -                 4.660
Sub Jumlah
                                                                                   3.170,25         3.176,90               512,900
Sub Total
                                     Engineering                                     231,80           521,89                366,120
Filter Bekas
                                      Produksi                 Kg
Used Filter                                                                          472,53           316,16                198,700
                                     Production
Sub Jumlah
                                                                                     704,33          838,05                564,820
Sub Total
Lampu (TL)
                                     Engineering               Kg                     127,78           94,82                 66,780
Lamps (TL)
                                         QC                                        10.000,69                -              3.996,74
Residu Proses Produksi
                                        R&D                                         4.242,05        2.194,53                  2,535
dan Formulasi
                                         QA                    Kg                              -            -                34,049
Production Process and
Formulation Residues                  Produksi
                                                                                               -   6.552,391                       -
                                     Production
Baterai
                                      HR & GA                  Kg                              -       7,140                       -
Battery
                                         QC                                                    -      213,35                       -
Cairan Sisa Produk                      HSE                                                    -            -                      -
                                                               Kg
Product Residual Liquids
                                      Produksi
                                                                                               -    4.871,43                       -
                                     Production
Peralatan Lab Terkontaminasi             QC                                                    -    367,845                2.666,93
B3 (Media Mikro)                                               Kg
                                      Produksi
Hazardous and Toxic Waste                                                                      -            -               297,500
                                     Production
Contaminated Lab Equipment
(Micro Media)                           R&D                                                    -            -                14,860

Sub Jumlah
                                                               Kg                  14.370,52       14.301,51               422,388
Sub Total
Jumlah Limbah Ethica
                                                               Kg                  18.245,10       18.316,45          1.500.107,67
Total Waste – Ethica
Jumlah Limbah Probiotec
Pty Ltd                            Product Reject
                                                               Kg                     102,46               -                       -
Total Waste – Probiotec            Reject Products
Pty Ltd
Jumlah Limbah
                                                               Kg                  79.962,95       87.702,74          1.530.503,72
Total Waste




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Tata Kelola Perusahaan yang Baik                     Laporan Keberlanjutan
  Good Corporate Governance                           Sustainability Report




Limbah Non-B3 [POJK F.13] [ESG E-05] [GRI 306-3]
Non-Hazardous and Toxic Waste

                                           Satuan
              Uraian                                              2025                  2024                   2023               Description
                                            Unit

 Sampah Organik
 Organic Waste

 Pyfa                                                             13.768                       -                2.235                              Pyfa

 Holi                                                              1.595                 3.919                  2.585                               Holi

 Ethica                                       Kg                   1.868                 2.976                  3.066                             Ethica

 Probiotec Pty Ltd                                                       -                     -                    -                 Probiotec Pty Ltd

 Sub Jumlah                                                       17.231                 6.895                  7.886                          Sub Total

 Sampah Non-Organik
 Inorganic Waste

 Pyfa                                                              2.055                 2.836                  9.086                              Pyfa

 Holi                                                              2.740                 3.687                  3.794                               Holi

 Ethica                                       Kg                  71.317                56.933                 42.153                             Ethica

 Sub Jumlah                                                       76.112                63.456                 55.033                          Sub Total

 Jumlah                                                           93.343                70.350                 62.919                              Total

Catatan : sampah organik dikubur untuk membantu menyuburkan tanah, seperti potongan rumput dan sampah dapur.
Note    : organic waste, including grass cuttings and kitchen scraps, is buried to improve soil fertility.




Tumpahan yang Terjadi [POJK F.15]                                                   Spills [POJK F.15]

Sepanjang tahun 2025, tidak terdapat insiden tumpahan                               Throughout 2025, no spill incidents were reported, either
yang terjadi, baik di area perkantoran maupun fasilitas pabrik                      in the Company’s office areas or manufacturing facilities.
Perseroan. Hal ini mencerminkan penerapan operasional yang                          This reflects the implementation of efficient and responsible
efisien, bertanggung jawab, serta berlandaskan pada standar                         operations based on strict safety and environmental standards.
keselamatan dan lingkungan yang ketat.



Aspek Keanekaragaman Hayati                                                         Biodiversity Aspect

Dampak dari Wilayah Operasional yang Dekat                                          The Impact of Operational Areas that are Near
atau Berada di Daerah Konservasi atau Memiliki                                      or In Conservation Areas or Have Biodiversity
Keanekaragaman Hayati [POJK F.9]                                                    [POJK F.9]
Selama tahun 2025, seluruh kegiatan operasional Perseroan                           Throughout 2025, all operational activities of the Company and
dan Entitas Anak berada di luar wilayah konservasi atau                             its Subsidiaries were conducted outside conservation areas or
memiliki wilayah keanekaragaman hayati tinggi. Oleh karena                          regions with high biodiversity. Therefore, the Company did not
itu, Perseroan tidak menimbulkan dampak terhadap kelestarian                        have any impact on the preservation of conservation areas or
kawasan konservasi maupun keanekaragaman hayati di sekitar                          biodiversity in the vicinity of its operational sites.
area operasional.


Usaha Konservasi Keanekaragaman Hayati                                              Biodiversity Conservation Efforts [POJK F.10]
[POJK F.10]
Perseroan terus berupaya mengambil peran dalam berbagai                             The Company continues to actively participate in initiatives
inisiatif yang mendukung upaya konservasi keanekaragaman                            supporting biodiversity conservation, even though its
hayati, meskipun kegiatan operasional Perseroan tidak memiliki                      operational activities do not directly impact natural ecosystems.
dampak langsung terhadap ekosistem alami. Partisipasi ini                           This participation reflects the Company’s commitment to
merupakan bagian dari kontribusi Perseroan dalam menjaga                            environmental stewardship and supporting long-term ecological
keseimbangan lingkungan serta mendukung upaya pelestarian                           and community benefits.
alam yang memberikan manfaat jangka panjang bagi
masyarakat dan ekosistem di sekitarnya.




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   Performance Highlights             Management Reports               Company Profile               Management Discussions and Analysis




Sepanjang tahun 2025, Perseroan berpartisipasi dalam sejumlah          Throughout 2025, the Company participated in a number
kegiatan penanaman pohon di berbagai wilayah sebagai bentuk            of tree-planting activities across multiple regions as part of
dukungan terhadap upaya rehabilitasi lingkungan. Kegiatan              its support for environmental rehabilitation efforts. These
tersebut antara lain meliputi penanaman pohon mangrove di              activities included the planting of mangroves in the Mangrove
kawasan Mangrove Pluit sebagai upaya mitigasi risiko abrasi dan        Pluit area to mitigate the risk of coastal abrasion and tidal
banjir rob yang berpotensi berdampak pada wilayah permukiman           flooding affecting nearby residential areas. Additionally, the
pesisir. Selain itu, Perseroan juga melaksanakan kegiatan              Company carried out greening activities by planting trees with
penghijauan melalui penanaman pohon bersama Al-Azhar di                Al-Azhar in the Gunung Munara area, Bogor, to support land
kawasan Gunung Munara, Bogor, guna mendukung stabilitas                stability and reduce landslide risks in residential zones. The
lahan dan mengurangi potensi longsor di area pemukiman.                Company also participated in tree-planting initiatives in the
Perseroan juga berpartisipasi dalam kegiatan penanaman                 Gunung Halimun Salak area in collaboration with Kontan as part
pohon di kawasan Gunung Halimun Salak bersama Kontan                   of its efforts to strengthen environmental resilience and protect
sebagai kontribusi terhadap penguatan ketahanan lingkungan             local communities.
serta perlindungan masyarakat di sekitar kawasan tersebut.



Mekanisme Pengaduan Masalah                                            Environmental Complaints Mechanisms
Lingkungan [POJK F.16]                                                 [POJK F.16]


Dalam rangka menjaga transparansi dan tanggung jawab                   To maintain environmental transparency and accountability,
lingkungan, Perseroan dan Entitas Anak menyediakan sarana              the Company and its Subsidiaries provide complaint channels
pengaduan melalui email dan media sosial resmi. Seluruh                via email and official social media platforms. All complaints are
pengaduan ditindaklanjuti dengan profesional. Selama 3 (tiga)          addressed professionally. Over the past 3 (three) years, there
tahun terakhir, tidak terdapat pengaduan lingkungan yang               have been no significant or material environmental complaints.
bersifat signifikan maupun material.




Kinerja Sosial
Social Performance


Perseroan memandang pengelolaan aspek sosial sebagai pilar             The Company views the management of social aspects as
penting dalam strategi keberlanjutan dan dalam memastikan              a key pillar in its sustainability strategy and in ensuring
keberlangsungan usaha jangka panjang. Pendekatan ini                   long-term business going concern. This approach is based
berlandaskan pada keyakinan bahwa keberhasilan perusahaan              on the belief that corporate success is determined not only by
tidak hanya ditentukan oleh kinerja finansial, tetapi juga oleh        financial performance but also by its contribution to improving
kontribusinya dalam meningkatkan kesejahteraan manusia                 human welfare and strengthening social relationships within
dan memperkuat hubungan sosial di lingkungan operasional.              its operational environment. Accordingly, the Company
Oleh karena itu, Perseroan mengintegrasikan berbagai inisiatif         integrates a number of different social initiatives into its
sosial ke dalam kegiatan bisnis untuk menciptakan nilai yang           business activities to create inclusive and sustainable value
inklusif dan berkelanjutan bagi para pemangku kepentingan.             for all stakeholders.


Dalam menjalankan kegiatan usaha, Perseroan berfokus                   In conducting its business, the Company focuses on
pada    peningkatan    kesejahteraan karyawan    melalui               improving employee welfare by providing a safe, supportive,
penyediaan lingkungan kerja yang aman, kondusif, dan                   and competency-developing work environment. In addition,
mendukung pengembangan kompetensi. Selain itu, Perseroan               the Company contributes to surrounding communities through
turut berkontribusi terhadap masyarakat sekitar melalui                social programs designed to deliver tangible positive impacts,




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Tata Kelola Perusahaan yang Baik           Laporan Keberlanjutan
  Good Corporate Governance                 Sustainability Report




program-program sosial yang dirancang untuk memberikan              including empowerment, education, and social assistance.
dampak positif yang nyata, baik dalam bentuk pemberdayaan,          The     implementation       of    ethical, non-discriminatory,
edukasi, maupun bantuan sosial. Penerapan praktik kerja yang        and inclusive work practices is also an integral part of
beretika, non-diskriminatif, dan inklusif juga menjadi bagian       the Company’s commitment to maintaining a corporate
integral dari komitmen Perseroan dalam menjaga budaya               culture that values diversity and upholds human rights.
perusahaan yang menghargai keberagaman dan menjunjung
tinggi hak asasi manusia.


Dengan mengedepankan tanggung jawab sosial dalam setiap             By prioritizing social responsibility in every business activity,
aktivitas bisnis, Perseroan berupaya memperkuat hubungan            the Company strives to strengthen harmonious relationships
harmonis dengan seluruh pemangku kepentingan serta                  with all stakeholders and support the creation of a better, more
mendukung terciptanya ekosistem sosial yang lebih baik dan          sustainable social ecosystem.
berkelanjutan.



Aspek Ketenagakerjaan                                               Employment Aspect

Perseroan meyakini bahwa keberhasilan bisnis tidak hanya            The Company believes that business success is determined
ditentukan oleh inovasi dan strategi, tetapi juga oleh kualitas     not only by innovation and strategy but also by the quality
manusia yang menggerakkannya. Oleh karena itu, pengelolaan          of the people driving it. Therefore, Human Resource (“HR”)
Sumber Daya Manusia (“SDM”) dilakukan secara menyeluruh             management is carried out comprehensively and continuously,
dan berkesinambungan, mencakup proses rekrutmen,                    covering recruitment, career development, fair remuneration,
pengembangan karier, pemberian remunerasi yang adil, serta          and the provision of social security for employees. Through
penyediaan jaminan sosial bagi karyawan. Melalui pendekatan         this approach, the Company aims to create a conducive
ini, Perseroan berupaya menciptakan lingkungan kerja yang           work environment, strengthen collaboration and harmonious
kondusif, memperkuat kolaborasi dan hubungan industrial             industrial relations, and develop competent and adaptive
yang harmonis, serta membangun SDM yang kompeten dan                human resources as a key pillar supporting sustainable growth
adaptif sebagai pilar utama dalam mendukung pertumbuhan             amid the dynamics of the industry. [GRI 3-3]
berkelanjutan di tengah dinamika industri. [GRI 3-3]


Perekrutan dan Perputaran Karyawan [GRI 401-1]                      Employee Recruitment and Turnover [GRI 401-1]
Perseroan melakukan perekrutan karyawan secara selektif             The Company conducts selective and structured recruitment
dan terstruktur untuk memastikan bahwa setiap individu yang         to ensure that each individual joining possesses the required
bergabung memiliki kompetensi, integritas, dan kesesuaian           competence, integrity, and alignment with the corporate
dengan budaya perusahaan. Pendekatan ini memungkinkan               culture. This approach enables the Company to attract top
Perseroan memperoleh talenta terbaik guna mendukung                 talent to support operational needs, innovation, and business
kebutuhan operasional, inovasi, serta pengembangan bisnis           development in the pharmaceutical and healthcare sectors.
di sektor farmasi dan kesehatan.


Proses perekrutan dilaksanakan melalui berbagai kanal,              Recruitment is conducted through a number of different
termasuk platform rekrutmen digital, kerja sama dengan              channels, including digital recruitment platforms, partnerships
lembaga pendidikan, serta program internal untuk                    with educational institutions, and internal talent development
pengembangan talenta. Perseroan juga berkomitmen                    programs. The Company is also committed to applying
menerapkan prinsip kesetaraan kesempatan kerja (equal               the principle of equal employment opportunity, without
employment opportunity), tanpa diskriminasi berdasarkan             discrimination based on gender, age, religion, or other
gender, usia, agama, maupun latar belakang lainnya. Dengan          backgrounds. Consequently, the recruitment process not
demikian, proses rekrutmen tidak hanya bertujuan mengisi            only fulfills workforce needs but also supports the creation of
kebutuhan tenaga kerja, tetapi juga mendukung pembentukan           an inclusive and diverse work environment.
lingkungan kerja yang inklusif dan beragam.




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    Performance Highlights                     Management Reports                   Company Profile                  Management Discussions and Analysis




Informasi mengenai jumlah rekrutmen karyawan Perseroan                              Information on the number of employees recruited by
sepanjang 3 (tiga) tahun terakhir diuraikan sebagai berikut:                        the Company over the past 3 (three) years is presented as follows:


                                                         2025                                   2024                                 2023
             Uraian
           Description                    Pria         Wanita         Jumlah       Pria        Wanita       Jumlah     Pria         Wanita       Jumlah
                                          Male         Female          Total       Male        Female        Total     Male         Female        Total

 Pyfa, Holi, dan Ethica

 Rekrutmen Karyawan berdasarkan Usia
 Employee Recruitment based on Age
 18–24 Tahun
                                             40             45             85        30            28          58         40            35           75
 18-24 Years Old
 25–34 Tahun
                                             55             70           125         55            75         130         65            45          110
 25-34 Years Old
 35–44 Tahun
                                             45             35             80        60            48         108         55            30           85
 35-44 Years Old
 45–54 Tahun
                                             30             18             48        38            35          73         40            25           65
 45-54 Years Old
 >55 Tahun
                                             12             10             22        18                 8      26           8            5           13
 >55 Years Old
 Jumlah
                                            182            178           360        201           194         395        208           140          348
 Total

 Probiotec Pty Ltd

 Rekrutmen Karyawan berdasarkan Usia
 Employee Recruitment based on Age
 <30 Tahun
                                             62             49           111         23            13          36         53            58          111
 <30 Years Old
 30-50 Tahun
                                             79            107           186         60            91         151         62            96          158
 30-50 Years Old
 >50 Tahun
                                             13             24             37         8            10          18         14            33           47
 >50 Years Old
 Jumlah
                                            154            180           334         91           114         205        129           187          316
 Total

 PT Medika Inovasi Nusantara*)

 Rekrutmen Karyawan berdasarkan Usia
 Employee Recruitment based on Age
 <30 Tahun
                                               5             5             10          -                -       -           -             -            -
 <30 Years Old
 30-50 Tahun
                                             13              7             20          -                -       -           -             -            -
 30-50 Years Old
 >50 Tahun
                                               -             1              1          -                -       -           -             -            -
 >50 Years Old
 Jumlah
                                             18             13             31          -                -       -           -             -            -
 Total

*) Seluruh karyawan PT Medika Inovasi Nusantara baru bergabung di tahun 2025.
*) All of PT Medika Inovasi Nusantara employees just joined the Company in 2025.


Seiring perkembangan bisnis dan dinamika industri, tingkat                          As the business grows and industry dynamics evolve, employee
perputaran karyawan menjadi indikator penting yang dipantau                         turnover serves as an important indicator that is monitored
secara berkala. Perseroan melakukan analisis terhadap angka                         regularly. The Company analyzes turnover figures to understand
perputaran untuk memahami faktor-faktor yang memengaruhi                            the factors influencing employees’ decisions to leave, such as
keputusan karyawan meninggalkan Perseroan, seperti peluang                          career opportunities, work environment, and overall welfare.
karier, lingkungan kerja, dan kesejahteraan. Hasil analisis                         The insights from this analysis are used to prepare strategies to
tersebut digunakan untuk merumuskan strategi peningkatan                            improve talent retention, including competency development,
retensi talenta, termasuk melalui pengembangan kompetensi,                          welfare programs, career advancement opportunities, and
program kesejahteraan, kesempatan karier, serta pembentukan                         the cultivation of a collaborative and supportive work culture.
budaya kerja yang kolaboratif dan suportif.




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  Good Corporate Governance                             Sustainability Report




Informasi mengenai jumlah karyawan yang meninggalkan                                    Information on the number of employees who left the Company
Perseroan sepanjang 3 (tiga) tahun terakhir diuraikan sebagai                           over the past 3 (three) years is presented as follows:
berikut:


                                                        2025                                        2024                                   2023
             Uraian
           Description                    Pria         Wanita        Jumlah          Pria         Wanita         Jumlah          Pria      Wanita     Jumlah
                                          Male         Female         Total          Male         Female          Total          Male      Female      Total

 Pyfa, Holi, dan Ethica

 Perputaran Karyawan berdasarkan Usia
 Employee Turnover based on Age
 18–24 Tahun
                                             18            19             37            50             31            81             35       32         67
 18-24 Years Old
 25–34 Tahun
                                             49            43             92            45             31            76             55       35         90
 25-34 Years Old
 35–44 Tahun
                                             24            39             63            35             40            75             45        28         73
 35-44 Years Old
 45–54 Tahun
                                             20            17             37            26             24            50             32        20         52
 45-54 Years Old
 >55 Tahun
                                             10              5            15            16              9            25              7         4         11
 >55 Years Old
 Jumlah
                                           121            123           244            172           135            307            174       119        293
 Total

 Probiotec Pty Ltd

 Perputaran Karyawan berdasarkan Usia
 Employee Turnover based on Age
 <30 Tahun
                                             20            21             41            32             38            70             49        54        103
 <30 Years Old
 30-50 Tahun
                                             98           105           203             72             89           161             69        94        163
 30-50 Years Old
 >50 Tahun
                                             51            66           117             19             47            66             11        29         40
 >50 Years Old
 Jumlah
                                           169            192           361            123           174            297            129       177        306
 Total

Catatan: Tidak terdapat karyawan yang keluar dari PT Medika Inovasi Nusantara dikarenakan seluruh karyawan baru bergabung di tahun 2025.
Note: There were no employee resigned from PT Medika Inovasi Nusantara, as all employees just joined in 2025.



Pelatihan dan Pengembangan Kompetensi [POJK F.22]                                       Training and Competency Development [POJK F.22]
Perseroan senantiasa memperhatikan kapasitas dan                                        The Company consistently pays attention to the capacity
kapabilitas setiap karyawan sebagai bagian dari pengelolaan                             and capabilities of each employee as part of sustainable HR
SDM yang berkelanjutan. Untuk mendukung hal tersebut,                                   management. To support this, the Company implements
Perseroan menyelenggarakan berbagai program pelatihan,                                  training programs, competency development initiatives,
pengembangan kompetensi, serta keterlibatan dalam proyek-                               and involvement in internal projects to broaden employees’
proyek internal guna memperluas wawasan dan pengalaman                                  knowledge and work experience. Through a structured
kerja. Melalui pendekatan yang terarah dan konsisten,                                   and consistent approach, the Company strives to create
Perseroan berupaya membangun lingkungan kerja yang                                      a productive work environment with reliable, high-character,
produktif dengan SDM yang andal, berkarakter, dan adaptif                               and adaptive HR. Further information on employee training
terhadap perubahan. Informasi lebih lanjut mengenai pelatihan                           and competency development is disclosed in the Company
dan pengembangan kompetensi karyawan telah diungkapkan                                  Profile chapter, under the Human Resources section of this
pada Bab Profil Perusahaan, sub bab Sumber Daya Manusia di                              Annual and Sustainability Report.
dalam Laporan Tahunan dan Laporan Keberlanjutan ini.


Komitmen terhadap Kesetaraan dan                                                        Commitment to Equality and Diversity [POJK F.18]
Keberagaman [POJK F.18]
Perseroan menerapkan praktik ketenagakerjaan yang adil,                                 The Company implements fair, equitable, and inclusive
setara, dan inklusif dengan menjadikan kesetaraan gender                                employment practices, making gender equality and diversity
serta keberagaman sebagai bagian penting dari strategi bisnis                           a key component of its sustainable business strategy. Every




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    Performance Highlights                     Management Reports                       Company Profile                          Management Discussions and Analysis




berkelanjutan. Setiap individu diberikan kesempatan yang sama                           individual is provided with equal opportunities in recruitment,
dalam rekrutmen, pengembangan karier, dan kepemimpinan                                  career development, and leadership through transparent
melalui proses yang transparan dan berbasis pada prestasi                               processes based on merit and competence. The Company
serta kompetensi. Perseroan meyakini bahwa keberagaman                                  believes that diverse perspectives not only enrich the workplace
perspektif tidak hanya memperkaya budaya kerja, tetapi                                  culture but also drive innovation, enhance productivity, and
juga mendorong inovasi, meningkatkan produktivitas, dan                                 strengthen competitiveness amid industry dynamics. [GRI 3-3]
memperkuat daya saing di tengah dinamika industri. [GRI 3-3]


Komitmen keberagaman karyawan tersebut diungkapkan                                      The Company’s commitment to workforce diversity is reflected
melalui komposisi karyawan sebagai berikut:                                             in the employee composition as follows:

Jumlah Karyawan Pria dan Wanita berdasarkan Level Jabatan [ESG S-01] [GRI 405-1]
Total Male and Female Employees by Job Level

                                                                          Pria                                                         Wanita
                                                                          Male                                                         Female


               Level Jabatan                                                         Persentase                                                    Persentase
               Position Level                                                         Karyawan                                                      Karyawan
                                                  Jumlah Karyawan                                                Jumlah Karyawan
                                                                                      Employee                                                      Employee
                                                   Total Employees                                                Total Employees
                                                                                     Percentage                                                    Percentage
                                                                                         (%)                                                           (%)


 Entry Level                                               1.134                          51,45                            1.070                        48,55

 Mid Level                                                   229                          55,72                                182                      44,28

 Senior Level                                                 45                          53,57                                 39                      46,43

 Executive Level                                              15                          71,43                                  6                      28,57

 Jumlah Karyawan
                                                          1.423                          52,32                             1.297                        47,68
 Total Employees



Jumlah Jabatan Karyawan yang Dimiliki oleh Pria dan Wanita berdasarkan Usia di Tahun 2025 [ESG S-02] [GRI 405-1]
Total Employee Positions Held by Male and Female Employees by Age in 2025

                                                                                          Level Jabatan
                                                                                          Position Level                                                   Jumlah
                    Usia                                                                                                                                  Karyawan
                                                     Entry level                 Mid level                  Senior level             Executive level
                    Age                                                                                                                                     Total
                                                 Pria        Wanita         Pria        Wanita         Pria        Wanita            Pria     Wanita      Employees
                                                 Male        Female         Male        Female         Male        Female            Male     Female

 18–24 Tahun
                                                  168           131              4           11              -             -            -           -            314
 18–24 Years Old
 25– 34 Tahun
                                                  467           344            98          111               3             5            -           -           1.028
 25–34 Years Old
 35–44 Tahun
                                                  294           222          100             41             22         20              6           1             706
 35–44 Years Old
 45–54 Tahun
                                                  131           237            25            17             11         13              3           3             440
 45–54 Years Old
 >55 Tahun
                                                  106           153              2           2               9          1              6           2             281
 >55 Years Old

Catatan : Data demografi karyawan di atas mencakup karyawan Perseroan serta 3 (tiga) Entitas Anak, yaitu Holi, Ethica, Probiotec Pty Ltd, dan PT Medika Inovasi Nusantara.
Note    : The employee demographic data above includes the Company’s employees as well as its three Subsidiaries, namely Holi, Ethica, Probiotec Pty Ltd, and PT Medika
          Inovasi Nusantara.



Kebijakan Hak Asasi Manusia [ESG S-09]                                                  Human Rights Policy [ESG S-09]
Perseroan menerapkan praktik ketenagakerjaan yang                                       The Company implements employment practices that
berlandaskan penghormatan dan perlindungan terhadap                                     are grounded in the respect for and protection of Human
Hak Asasi Manusia (“HAM”) di seluruh lini operasionalnya.                               Rights (“HR”) across all of its operations. The principles




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  Good Corporate Governance                    Sustainability Report




Prinsip keadilan, kesetaraan, dan keberagaman menjadi dasar            of fairness, equality, and diversity form the basis of all
dalam setiap kebijakan ketenagakerjaan, dengan memastikan              employment policies, ensuring that business activities not
seluruh kegiatan usaha tidak hanya mematuhi regulasi, tetapi           only comply with applicable regulations but also safeguard
juga menjamin hak-hak pekerja, termasuk lingkungan kerja               workers’ rights, including the provision of a safe, decent, and
yang aman, layak, dan bebas diskriminasi. Perseroan juga               non-discriminatory working environment. The Company also
menegakkan kebijakan yang mendukung terciptanya tempat                 upholds policies that support the creation of an inclusive and
kerja yang inklusif dan beretika, melalui penerapan sistem             ethical workplace through the implementation of equitable
rekrutmen yang setara, perlindungan dari pelecehan maupun              recruitment systems, protection against harassment and
intimidasi, serta pemenuhan hak-hak karyawan seperti upah              intimidation, and the fulfillment of employee rights, such as fair
yang wajar, jam kerja sesuai ketentuan, jaminan sosial, dan            wages, regulated working hours, social security coverage, and
perlindungan keselamatan kerja.                                        occupational health and safety protection.

Jumlah Kejadian Pelanggaran HAM [ESG S-07]
Total of Human Rights Violation Incidents

                                                Uraian
                                                                                                                     2025
                                              Description

 Jumlah Pelanggaran HAM                                                                                              Nihil
 HR Violation Incidents                                                                                              Zero



Kebijakan terkait Tenaga Kerja Anak                                    Child Labor and Forced Labor [POJK F.19] [ESG S-10]
dan Tenaga Kerja Paksa [POJK F.19] [ESG S-10]
Prinsip keadilan dan perlindungan HAM menjadi dasar                    The principles of fairness and the protection of HR underpin
dalam seluruh praktik ketenagakerjaan, dengan menolak                  all employment practices, with a strict prohibition on the use
penggunaan tenaga kerja anak maupun kerja paksa di semua               of child labor and forced labor across all operational activities.
aktivitas operasional. Kebijakan ini dijalankan sesuai peraturan       This policy is implemented in compliance with applicable laws
perundang-undangan, termasuk Undang-Undang No. 13 Tahun                and regulations, including Law No. 13 of 2003 on Manpower and
2003 tentang Ketenagakerjaan dan perubahan dalam Undang-               its amendments under the Job Creation Law, which stipulate
Undang Cipta Kerja, yang menetapkan usia minimum pekerja               a minimum working age of 18 years. All employees work in
adalah 18 tahun. Seluruh karyawan bekerja sesuai standar               accordance with standard working hours, receive fair wages,
jam kerja, menerima upah yang adil, hak cuti tahunan, serta            annual leave entitlements, and occupational health and safety
perlindungan kesehatan dan keselamatan kerja. Pendekatan               protection. This approach ensures an ethical, safe, inclusive,
ini memastikan lingkungan kerja yang etis, aman, inklusif, dan         and sustainable work environment, while fully safeguarding
berkelanjutan, sekaligus menjamin hak-hak karyawan dihormati           employees’ rights. [GRI 3-3]
secara menyeluruh. [GRI 3-3]


Sepanjang periode pelaporan, Perseroan memastikan tidak ada            During the reporting period, the Company ensured that no
kegiatan operasional Perseroan yang memiliki risiko signifikan         operational activities posed significant risks related to child
terhadap insiden pekerja anak dan pekerja paksa. [GRI 408-1, 409-1]    labor or forced labor incidents. [GRI 408-1, 409-1]


Kesejahteraan Karyawan [POJK F.20]                                     Employee Welfare [POJK F.20]
Kesejahteraan karyawan menjadi salah satu prioritas utama              Employee welfare is one of the Company’s key priorities,
Perseroan melalui penerapan sistem remunerasi yang                     supported through the implementation of a proportional
proporsional, sesuai standar industri, dan berbasis pencapaian         remuneration system that is aligned with industry standards
kinerja. Penetapan remunerasi mempertimbangkan hasil                   and based on performance achievements. Remuneration is
evaluasi kerja, tingkat tanggung jawab, serta masa kerja, guna         determined by taking into account performance evaluation
mendorong motivasi dan produktivitas karyawan. Kebijakan               results, levels of responsibility, and length of service, with
ini juga disesuaikan dengan ketentuan pemerintah, termasuk             the aim of increasing employee motivation and productivity.
Upah Minimum Regional (“UMR”) dan Upah Minimum                         This policy is also aligned with government regulations, including
Kabupaten/Kota (“UMK”), untuk memastikan kesesuaian                    the Regional Minimum Wage (“UMR”) and Regency/City
dengan standar pasar dan perlindungan hak tenaga kerja.                Minimum Wage (“UMK”), to ensure compliance with market
Penyesuaian remunerasi dilakukan secara berkala mengikuti              standards and the protection of labor rights. Remuneration
kondisi keuangan dan pertumbuhan bisnis, agar kesejahteraan            adjustments are carried out periodically in line with
karyawan dan keberlanjutan Perseroan tetap terjaga.                    the Company’s financial condition and business growth, thereby
                                                                       safeguarding employee welfare and the Company’s sustainability.




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Informasi perbandingan upah karyawan terendah terhadap                    Information on the comparison between the lowest
UMR di masing-masing wilayah operasional Perseroan                        employee wage and the applicable minimum wage in each of
diuraikan sebagai berikut:                                                the Company’s operational areas is presented as follows:


                            Upah Karyawan Tetap
                                 Terendah                                                            Rasio Upah Karyawan
                                                             Upah Minimum Regional
      Wilayah                                                                                    Tetap Terendah terhadap UMR
                             Lowest Permanent                Regional Minimum Wage
      Region                                                                                   The Ratio of the Lowest Permanent
                              Employee Wage                         (“UMR”)
                                                                                                  Employee Wage to the UMR
                                   (Rp)

 Pyfa, Holi, dan Ethica                                                                                                       (dalam Rp / in Rp)

 Jakarta                         5.396.761                         5.396.761                                   100,00
 Cikarang                        5.558.515                         5.558.515                                   100,00
 Cianjur                         3.104.584                         3.104.584                                   100,00
 Cimahi                          3.863.692                         3.863.692                                   100,00
 Probiotec Pty Ltd                                                                                                        (dalam UAD / in UAD)

 Victoria                            24,95                             24,95                                   100,00
 New South Wales                     24,95                             24,95                                   100,00
 PT Medika Inovasi Nusantara                                                                                                  (dalam Rp / in Rp)

 Jakarta                         5.396.761                         5.396.761                                   100,00




Sejalan dengan itu, Perseroan berkomitmen untuk memastikan                In line with this commitment, the Company ensures fair
praktik remunerasi yang adil tanpa membedakan gender.                     remuneration practices without gender-based discrimination.
Penghitungan dilakukan berdasarkan rata-rata pembayaran                   The calculation is based on the average compensation received
yang diterima oleh masing-masing kelompok gender dalam                    by each gender group within the same job categories. [GRI 405-2]
kategori jabatan yang sama. [GRI 405-2]


Selain itu, Perseroan memastikan bahwa kebijakan remunerasi               In addition, the Company ensures that fair and equitable
yang adil dan setara, tanpa membedakan gender pada setiap                 remuneration policies, without gender discrimination at every
level jabatan, diimplementasikan secara konsisten di seluruh              level of position, are consistently implemented across all
Entitas Anak.                                                             Subsidiaries.


Untuk memastikan tingkat remunerasi tetap relevan dengan                  To ensure that remuneration levels remain aligned
perkembangan industri, Perseroan melakukan analisis terhadap              with industry developments, the Company conducts
rasio kompensasi total tahunan antara individu dengan bayaran             an analysis of the ratio of total annual compensation between
tertinggi di organisasi dan median kompensasi karyawan.                   the highest-paid individual in the organization and the median
Analisis ini bertujuan memastikan bahwa struktur remunerasi               employee compensation. This analysis aims to ensure that
yang diterapkan tidak hanya kompetitif di industri farmasi, tetapi        the remuneration structure is not only competitive within the
juga mencerminkan prinsip keadilan dan proporsionalitas.                  pharmaceutical industry but also reflects principles of fairness
                                                                          and proportionality.


Pada tahun 2025, Perseroan terus melakukan pemantauan                     In 2025, the Company continued to monitor the ratio of
terhadap rasio kompensasi total tahunan antara individu                   the annual total compensation of the highest-paid individual
dengan bayaran tertinggi di organisasi dan median kompensasi              in the organization to the median employee compensation as
karyawan sebagai bagian dari evaluasi berkala atas struktur               part of a periodic evaluation of the remuneration structure.
remunerasi. Pemantauan ini dilakukan untuk memastikan                     This monitoring was conducted to ensure that the remuneration
bahwa kebijakan remunerasi tetap selaras dengan kinerja                   policy remained aligned with the Company’s performance,
Perseroan, dinamika industri, serta prinsip keadilan dan                  industry dynamics, as well as the principles of fairness
proporsionalitas di seluruh tingkat organisasi. Pendekatan ini            and proportionality across all levels of the organization.
memberikan gambaran yang komprehensif dalam menjaga                       This approach provides a comprehensive overview in
keseimbangan antara daya saing remunerasi dan keberlanjutan               maintaining a balance between remuneration competitiveness
struktur pengupahan Perseroan.                                            and the sustainability of the Company’s compensation structure.




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  Good Corporate Governance                              Sustainability Report




Di luar gaji pokok, Perseroan mendukung kesejahteraan                                   Beyond base salary, the Company supports employee welfare
karyawan melalui beragam fasilitas dan tunjangan, seperti                               through a number of different facilities and benefits, such as
perlindungan kesehatan, asuransi, serta dana pensiun, sebagai                           health coverage, insurance, and pension funds, as a form of
wujud apresiasi terhadap peran mereka dalam mendorong                                   appreciation for their contribution to the Company’s success.
keberhasilan perusahaan. Informasi lebih lanjut mengenai                                Further information on the facilities and benefits provided is
fasilitas dan tunjangan yang diberikan diuraikan sebagai                                presented as follow: [GRI 401-2]
berikut: [GRI 401-2]


                          Fasilitas dan Kompensasi                                              Karyawan Tetap                       Karyawan Tidak Tetap
                         Facilities and Compensation                                          Permanent Employee                    Non-Permanent Employee

 Jaminan Sosial
                                                                                                            √                                        √
 Social Security
 Jaminan Kecelakaan Kerja
                                                                                                            √                                        √
 Work Accident Insurance
 Jaminan Kematian
                                                                                                            √                                        √
 Life Insurance
 Jaminan Hari Tua
                                                                                                            √                                        √
 Old Age Insurance
 Jaminan Pensiun
                                                                                                            √                                        √
 Pension Insurance
 Jaminan Kesehatan
                                                                                                            √                                        √
 Health Insurance
 Fasilitas Seragam
                                                                                                            √                                        √
 Uniform Facilities
 Fasilitas Kantin
                                                                                                            √                                        √
 Canteen Facilities



Cuti Melahirkan [GRI 401-3]                                                             Maternity Leave [GRI 401-3]
Perseroan memberikan fasilitas cuti melahirkan bagi karyawan                            The Company provides maternity leave for female employees
perempuan sesuai ketentuan perundang-undangan sebagai bentuk                            in accordance with applicable laws and regulations as a form
dukungan terhadap kesehatan ibu dan anak serta keberlanjutan                            of support for maternal and child health as well as family
keluarga. Selama masa cuti, karyawan tetap mendapatkan hak                              sustainability. During the leave period, employees continue
ketenagakerjaannya dan dijamin dapat kembali bekerja pada                               to receive their employment entitlements and are guaranteed
posisi semula atau setara setelah masa cuti berakhir. Selain itu,                       the right to return to the same or an equivalent position upon
Perseroan juga memberikan dispensasi bagi karyawan laki-laki                            completion of the leave. In addition, the Company grants
untuk mendampingi istrinya selama proses persalinan. Kebijakan                          leave to male employees to accompany their spouses during
ini mencerminkan komitmen Perseroan dalam menciptakan                                   childbirth. This policy reflects the Company’s commitment
lingkungan kerja yang humanis dan mendukung keseimbangan                                to fostering a humane work environment and supporting
kehidupan keluarga, sekaligus memastikan bahwa seluruh                                  work–life balance, while ensuring that all employees receive
karyawan mendapatkan dukungan yang layak pada momen-                                    appropriate support during significant personal life events.
momen penting dalam kehidupan pribadi mereka.


Informasi mengenai cuti melahirkan dan dispensasi yang                                  Information on maternity leave and related leaves granted to
diberikan kepada karyawan sepanjang 3 (tiga) tahun terakhir                             employees over the past 3 (three) years is presented as follows:
diuraikan sebagai berikut:


                                                                         2025                                   2024                                 2023
                        Uraian
                      Description                               Pria             Wanita              Pria              Wanita             Pria              Wanita
                                                                Male             Female              Male              Female             Male              Female

 Karyawan yang berhak mendapat dispensasi/cuti
 melahirkan
                                                                   -                 261                -                  232                   -              198
 Employees eligible for maternity leave/parental
 leave
Catatan: Data cuti melahirkan di atas mencakup karyawan Perseroan serta 3 (tiga) Entitas Anak, yaitu Holi, Ethica, Probiotec Pty Ltd, dan PT Medika Inovasi Nusantara.
Note: The maternity leave data above includes the Company’s employees as well as its 3 (three) Subsidiaries, namely Holi, Ethica, Probiotec Pty Ltd, and PT Medika Inovasi
Nusantara.




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                                                                         2025                                  2024                                  2023
                       Uraian
                     Description                                Pria             Wanita               Pria            Wanita              Pria              Wanita
                                                                Male             Female               Male            Female              Male              Female

 Karyawan yang          mengambil      dispensasi/cuti
 melahirkan
                                                                   -                   27               -                   29                  1                32
 Employees who took maternity leave/parental
 leave
 Karyawan yang kembali bekerja pada periode
 pelaporan setelah dispensasi/cuti melahirkan
 berakhir
                                                                   -                   18               -                   21                   -               24
 Employees who returned to work during the
 reporting period after the end of maternity leave/
 parental leave
 Karyawan yang kembali bekerja setelah
 dispensasi/cuti melahirkan berakhir, yang masih
 dipekerjakan 12 (dua belas) bulan setelah kembali
 bekerja                                                           -                   22               -                   30                  1                28
 Employees who returned to work after maternity
 leave/parental leave and were still employed 12
 (twelve) months after returning to work
 Return to work and retention rate karyawan yang
 mengambil cuti melahirkan (%)
                                                                   -               66,67                -                72,41            100,00              75,00
 Return-to-work and retention rate of employees who
 took maternity leave (%)
Catatan: Data cuti melahirkan di atas mencakup karyawan Perseroan serta 3 (tiga) Entitas Anak, yaitu Holi, Ethica, Probiotec Pty Ltd, dan PT Medika Inovasi Nusantara.
Note: The maternity leave data above includes the Company’s employees as well as its 3 (three) Subsidiaries, namely Holi, Ethica, Probiotec Pty Ltd, and PT Medika Inovasi
Nusantara.




Kebijakan terkait Pelecehan Seksual dan                                                 Sexual Harassment and Non-Discrimination
Non-Diskriminasi [ESG S-08]                                                             Policy [ESG S-08]
Lingkungan kerja yang aman, inklusif, dan bebas dari pelecehan                          A safe, inclusive, and harassment- and discrimination-
serta diskriminasi menjadi fokus utama Perseroan. Setiap                                free work environment is a key priority for the Company.
karyawan, tanpa memandang gender, ras, agama, usia, atau                                Every employee, regardless of gender, race, religion, age,
latar belakang, memiliki hak yang sama untuk bekerja dalam                              or background, has equal rights to work in an environment
suasana yang menghormati HAM dan prinsip kesetaraan.                                    that respects human rights and the principles of equality.
Kode Etik Perseroan menegaskan bahwa pelecehan seksual,                                 The Code of Conduct clearly states that sexual harassment,
intimidasi, maupun tindakan diskriminatif tidak ditoleransi,                            intimidation, and discriminatory behavior are not tolerated,
dan mekanisme pelaporan yang aman dan rahasia tersedia                                  and secure and confidential reporting mechanisms are
untuk memastikan keluhan dapat disampaikan tanpa takut                                  in place to ensure that complaints can be raised without
mendapat balasan. Untuk mendukung kebijakan ini, pelatihan                              fear of retaliation. To support this policy, regular training
dan sosialisasi secara berkala diberikan kepada seluruh                                 and awareness programs are provided to all employees
karyawan mengenai pentingnya lingkungan kerja yang saling                               on the importance of mutual respect in the workplace and
menghormati serta langkah yang harus diambil jika terjadi                               the appropriate actions to take in the event of violations.
pelanggaran. [GRI 3-3]                                                                  [GRI 3-3]


Dengan pendekatan ini, Perseroan memastikan sepanjang                                   Through this approach, the Company ensures that throughout
tahun pelaporan tidak terdapat insiden pelecehan seksual                                the reporting year there were no incidents of sexual harassment
atau diskriminasi yang terjadi di lingkungan bisnis Perseroan.                          or discrimination within the Company’s business environment.
[GRI 406-1]                                                                             [GRI 406-1]


Program Pensiun [GRI 404-2]                                                             Pension Program [GRI 404-2]
Perseroan menyelenggarakan program pensiun sebagai bentuk                               The Company provides a pension program as part of its
dukungan terhadap kesejahteraan karyawan setelah memasuki                               commitment to supporting employee welfare after retirement.
masa purna tugas. Usia pensiun ditetapkan sesuai ketentuan                              The retirement age is determined in accordance with
perundang-undangan dan kebijakan Perseroan, sehingga                                    applicable laws and regulations as well as the Company’s
karyawan memiliki kepastian mengenai waktu berakhirnya                                  policies, providing employees with clarity regarding the end
masa kerja dan hak-hak finansial yang akan diterima. Program                            of their employment period and the financial benefits to which




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pensiun ini memberikan manfaat pasti maupun manfaat alih            they are entitled. The pension program offers defined benefits
dana, tergantung ketentuan yang berlaku, guna memastikan            and/or fund transfer benefits, subject to prevailing provisions,
bahwa karyawan tetap memperoleh perlindungan finansial di           to ensure continued financial protection for employees during
masa pensiun.                                                       retirement.


Selain itu, Perseroan menyediakan manfaat peralihan program         In addition, the Company provides pension transition benefits
pensiun bagi karyawan yang berhenti bekerja sebelum mencapai        for employees who leave employment prior to reaching
usia pensiun. Melalui manfaat peralihan tersebut, hak dan iuran     the retirement age. Through these transition benefits, accrued
yang telah terkumpul tetap dapat diterima oleh karyawan sesuai      rights and contributions remain payable to employees in
ketentuan, sehingga menjamin akumulasi manfaat yang adil dan        accordance with applicable terms, thereby ensuring fair and
proporsional sepanjang masa kerja. Melalui penyelenggaraan          proportional benefit accumulation throughout the period of
program pensiun yang teratur, transparan, dan akuntabel,            service. Through the implementation of a structured, transparent,
Perseroan berupaya memberikan rasa aman serta dukungan              and accountable pension program, the Company seeks to provide
jangka panjang bagi seluruh karyawan.                               long-term security and support for all employees.


Tinjauan dan Evaluasi Karyawan [GRI 404-3]                          Employee Review and Evaluation [GRI 404-3]
Perseroan melaksanakan proses tinjauan dan evaluasi                 The Company conducts regular employee review and evaluation
karyawan secara berkala untuk menilai kinerja, kompetensi,          processes to assess performance, competencies, and each
serta kontribusi setiap individu terhadap pencapaian tujuan         individual’s contribution to the achievement of the Company’s
perusahaan. Evaluasi dilakukan menggunakan indikator                objectives. Evaluations are carried out using measurable
yang terukur dan objektif, mencakup pencapaian target               and objective indicators, including the achievement of
kerja, kualitas hasil kerja, perilaku sesuai nilai Perseroan,       work targets, quality of work output, behavior aligned with
serta kemampuan kolaborasi. Melalui proses ini, Perseroan           the Company’s values, and collaboration capabilities. Through
memastikan bahwa setiap karyawan mendapatkan umpan                  this process, the Company ensures that each employee
balik yang konstruktif guna mendukung pengembangan karier           receives constructive feedback to support career development
dan peningkatan kinerja.                                            and performance improvement.


Sepanjang tahun 2025, 100% karyawan telah menerima tinjauan         Throughout 2025, 100% of employees received performance
dan evaluasi. Hasil evaluasi ini menjadi dasar bagi Perseroan       reviews and evaluations. The results of these evaluations serve as
dalam menetapkan program pengembangan, perencanaan                  the basis for the Company in determining development
suksesi, serta penyesuaian remunerasi dan insentif.                 programs, succession planning, as well as adjustments to
                                                                    remuneration and incentives.


Hubungan Industrial [GRI 2-30]                                      Industrial Relations [GRI 2-30]
Perseroan menjalin hubungan industrial yang harmonis dengan         The Company maintains harmonious industrial relations
menghormati hak karyawan untuk berserikat sebagai bagian            by respecting employees’ rights to organize and join labor
dari praktik ketenagakerjaan yang adil dan berkelanjutan.           unions as part of fair and sustainable employment practices.
Serikat pekerja berperan sebagai mitra dialog resmi antara          Labor unions serve as official dialogue partners between
karyawan dan manajemen, membantu menyampaikan                       employees and the management, helping convey employee
aspirasi serta memastikan bahwa kepentingan tenaga kerja            aspirations and ensuring workforce interests are considered
dipertimbangkan dalam setiap kebijakan ketenagakerjaan.             in all employment policies. Through open communication and
Melalui komunikasi yang terbuka dan pertemuan berkala,              regular meetings, the Company and the labor union discuss
Perseroan dan serikat pekerja membahas berbagai isu terkait         various issues related to safety, welfare, and the development
keselamatan, kesejahteraan, serta pengembangan lingkungan           of a conducive work environment. The presence of labor unions
kerja yang kondusif. Keberadaan serikat pekerja turut               also supports the resolution of disputes through deliberation
mendukung penyelesaian perselisihan secara musyawarah dan           and strengthens the Company’s operational stability.
memperkuat stabilitas operasional Perseroan.


Lingkungan Bekerja yang Layak dan Aman                              Decent And Safe Working Environment
[POJK F.21] [ESG S-11]                                              [POJK F.21] [ESG S-11]
Perseroan menjadikan aspek K3 sebagai prioritas utama               The Company prioritizes OHS as a key aspect to ensure
dalam memastikan keberlangsungan operasional serta                  operational continuity and protection for all employees.
perlindungan bagi seluruh karyawan. Pengelolaan K3 memiliki         Effective   OHS     management     significantly impacts
dampak signifikan terhadap proses produksi, kualitas                production processes, work quality, and business going
kerja, dan keberlanjutan usaha. Oleh karena itu, Perseroan          concern. Accordingly, the Company has developed




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mengembangkan Sistem Manajemen K3 yang terstruktur,                    a structured OHS Management System encompassing
mencakup kebijakan, prosedur, pengawasan, serta mekanisme              policies, procedures, monitoring, and periodic evaluations
evaluasi berkala untuk memitigasi risiko kecelakaan dan                to mitigate workplace accidents and occupational illnesses.
penyakit akibat kerja. [GRI 3-3]                                       [GRI 3-3]


Sistem Manajemen K3 [GRI 403-1, 403-8]                                 OHS Management System [GRI 403-1, 403-8]
Sistem Manajemen K3 Perseroan diterapkan di seluruh                    The Company’s OHS Management System is implemented
unit operasional, termasuk pabrik, kantor, dan fasilitas               across all operational units, including manufacturing facilities,
pendukung, serta mencakup 100% karyawan tetap dan tidak                offices, and support facilities, covering 100% of permanent
tetap. Sistem ini disusun berdasarkan ketentuan perundang-             and non-permanent employees. The system is designed in
undangan, standar industri farmasi, dan praktik terbaik K3.            accordance with statutory regulations, pharmaceutical industry
Implementasinya diawasi oleh manajemen puncak dan unit                 standards, and OHS best practices. Its implementation is
terkait untuk memastikan bahwa setiap aktivitas operasional            monitored by top Management and relevant units to ensure all
dilaksanakan secara aman dan sesuai pedoman. Selain itu,               operational activities are conducted safely and in compliance
Perseroan secara rutin melakukan audit internal, inspeksi              with OHS guidelines. Regular internal audits, field inspections,
lapangan, serta evaluasi bulanan guna memastikan kepatuhan             and monthly evaluations are conducted to ensure adherence
terhadap kebijakan K3, keandalan fasilitas, dan kesiapan               to OHS policies, facility reliability, and readiness of safety
infrastruktur keselamatan.                                             infrastructure.



Identifikasi Bahaya, Penilaian Risiko,                                 Hazard Identification, Risk Assessment,
dan Investigasi Insiden [GRI 403-2]                                    and Incident Investigation [GRI 403-2]

Perseroan menerapkan proses identifikasi bahaya dan penilaian          The Company applies a Hazard Identification, Risk
risiko (“HIRADC”) sebelum memulai aktivitas kerja, terutama            Assessment, and Determining Control (“HIRADC”) process
yang berkaitan dengan produksi farmasi, penggunaan mesin,              before commencing work activities, especially those related
bahan kimia, dan aktivitas laboratorium. Temuan risiko dicatat,        to pharmaceutical production, machinery operation, chemical
dianalisis, dan ditindaklanjuti dengan langkah mitigasi, seperti       handling, and laboratory activities. Identified risks are recorded,
peningkatan engineering control, penyediaan APD (termasuk              analyzed, and addressed through mitigation measures such as
pakaian pelindung diri, sepatu boots, masker cartridge, body           improved engineering controls, provision of PPE — including
harness, ear muffs, dan lainnya), serta pengaturan prosedur            protective clothing, boots, cartridge masks, body harnesses,
kerja aman. Selain itu, setiap insiden kerja, baik near miss,          ear muffs, and others — and the implementation of safe
kecelakaan ringan, maupun kecelakaan yang menyebabkan                  work procedures. All workplace incidents, including near
kehilangan waktu kerja, diinvestigasi secara menyeluruh                misses, minor accidents, and lost-time injuries, are thoroughly
untuk menemukan akar penyebab dan menetapkan tindakan                  investigated to determine root causes and establish preventive
pencegahan agar tidak terulang kembali.                                measures to prevent recurrence.


Layanan Kesehatan Kerja [GRI 403-3, 404-7]                             Occupational Health Services [GRI 403-3, 404-7]
Sejalan dengan itu, Perseroan menyediakan layanan kesehatan            In line with its OHS commitment, the Company provides
kerja yang memadai untuk menjaga kondisi kesehatan                     comprehensive occupational health services to maintain
karyawan. Inisiatif ini meliputi:                                      employee well-being and reduce the risk of work-related
                                                                       illnesses. Key initiatives include:
1. Melakukan pemeriksaan kesehatan tahunan (medical                    1. Annual medical check-ups for all employees;
   check-up);
2. Menyediakan fasilitas rawat jalan dan rawat inap melalui            2. Outpatient and inpatient care through BPJS Kesehatan and
   BPJS Kesehatan dan asuransi swasta;                                    private insurance;
3. Memberikan fasilitas tambahan, seperti pemeriksaan                  3. Additional services, such as laboratory examination, dental
   laboratorium, perawatan gigi, dan penggantian kacamata;                care, and eyewear reimbursement;
   serta
4. Melaksanakan program peningkatan kesehatan, misalnya                4. Health promotion programs, including group exercise
   kegiatan olahraga bersama dan promosi gaya hidup sehat.                activities and campaigns for healthy lifestyles.




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Upaya ini memastikan karyawan memperoleh dukungan                    These measures ensure employees receive optimal health
kesehatan yang optimal dan membantu mengurangi risiko                support, enhancing overall workforce productivity and
penyakit akibat kerja.                                               resilience.


Partisipasi, Konsultasi, dan Komunikasi Pekerja                      Worker Participation, Consultation, and
[GRI 403-4]                                                          Communication [GRI 403-4]
Perseroan mengedepankan partisipasi aktif karyawan dalam             The Company emphasizes active employee participation in
pengelolaan K3 melalui:                                              OHS management through multiple channels:
1. Komunikasi terbuka antara manajemen dan pekerja terkait           1. Open communication between the Management and
    risiko K3;                                                          workers regarding OHS risks;
2. Briefing keselamatan harian;                                      2. Daily safety briefings;
3. Rapat evaluasi bulanan di area pabrik;                            3. Monthly evaluation meetings in plant areas;
4. Mekanisme pelaporan potensi bahaya oleh karyawan;                 4. Reporting mechanisms for potential hazards by employees;
    serta
5. Penyediaan P3K dan prosedur evakuasi di semua fasilitas.          5. Provision of P3K and clearly defined evacuation procedures
                                                                        at all facilities.


Partisipasi ini memastikan bahwa setiap pekerja memiliki peran       This participatory approach ensures that every worker contributes
dalam menciptakan lingkungan kerja yang aman dan sehat.              to creating and maintaining a safe and healthy workplace.


Pelatihan K3 bagi Pekerja [GRI 403-5]                                OHS Training for Workers [GRI 403-5]
Perseroan memberikan pelatihan K3 secara berkala, mencakup:          The Company conducts regular OHS training that include:
1. Penggunaan APD, seperti pakaian pelindung, sepatu boots,          1. Proper use of PPE, such as protective clothing, boots,
    masker cartridge, body harness, dan ear muffs;                      cartridge masks, body harnesses, and ear muffs;
2. Pelatihan tanggap darurat;                                        2. Emergency response training;
3. Pelatihan penggunaan alat pemadam api ringan (“APAR”);            3. Training in the use of portable fire extinguishers (“APAR”);
    serta
4. Pelatihan prosedur kerja aman di area pabrik dan                  4. Safe work procedures in production and laboratory areas.
    laboratorium.


Pelatihan ini memastikan bahwa setiap pekerja memiliki               These initiatives equip workers with the necessary skills and
kompetensi untuk melaksanakan tugasnya secara aman.                  awareness to minimize occupational risks effectively.


Fasilitas Keselamatan dan Pencegahan Risiko                          Safety Facilities and Risk Prevention [GRI 403-6]
[GRI 403-6]
Untuk meningkatkan keselamatan dan kesehatan yang                    To improve safety and health that may arise from operational
mungkin timbul akibat kegiatan operasional ataupun hubungan          activities or business relationships, the Company provides:
bisnis, Perseroan menyediakan:
1. Pemeriksaan rutin mesin dan peralatan kerja, termasuk             1. Routine inspections of machinery and work equipment,
    mesin produksi, komputer, printer, serta fasilitas pendukung        including production machines, computers, printers, and
    lainnya;                                                            supporting facilities;
2. Perawatan fasilitas secara berkala guna memastikan                2. Scheduled maintenance of facilities to ensure operational
    keamanan dan kelayakan operasional; serta                           safety and reliability;
3. Protokol kesehatan yang mencakup penyediaan masker,               3. Health protocols, including provision of masks,
    fasilitas cuci tangan, dan sanitation point di seluruh area.        handwashing facilities, and sanitation points across all
                                                                        operational areas.


Perseroan juga memastikan bahwa pemasok dan kontraktor               Suppliers and contractors are also required to comply with
mematuhi     standar   keselamatan sesuai  persyaratan               the Company’s safety standards to ensure consistent risk
operasional Perseroan.                                               management throughout the supply chain.




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Indikator Kinerja Keselamatan:                                                             Safety Performance Indicators:
Kecelakaan Kerja [GRI 403-9]                                                               Work-Related Incidents [GRI 403-9]
Informasi mengenai data kecelakaan kerja karyawan dan                                      Information regarding work-related accident data involving
bukan karyawan Perseroan sepanjang 3 (tiga) tahun terakhir                                 the Company’s employees and non-employees over the past
diuraikan sebagai berikut:                                                                 3 (three) years is presented as follows:


               Uraian                               2025                           2024                            2023                            Description

 Tingkat Fatalitas sebagai                                                                                                                     Fatality Rate Due to Work-
                                                        0,63                            0,00                            0,56
 Akibat Kecelakaan Kerja                                                                                                                                Related Accidents
 Tingkat Kecelakaan Kerja                                                                                                                      High-Consequence Work-
 dengan Konsekuensi Tinggi                              1,87                            0,63                            3,25                      Related Accident Rate
 (Tidak Termasuk Fatalitas)                                                                                                                        (Excluding Fatalities)
 Tingkat Kecelakaan Kerja yang                                                                                                                 Recordable Work-Related
                                                        3,76                            1,76                            8,80
 dapat Dicatat                                                                                                                                           Accident Rate
 Jumlah Jam Kerja Karyawan                       1.601.469                       1.599.342                       1.538.166               Total Employee Working Hours
 Jumlah Jam Kerja Aman                                                                                                                               Total Employee Safe
                                                 1.577.305                       1.591.486                       1.524.310
 Karyawan                                                                                                                                                  Working Hours
Catatan: Data kecelakaan kerja di atas mencakup karyawan Perseroan serta 3 (tiga) Entitas Anak, yaitu Holi, Ethica, dan Probiotec Pty Ltd.
Note: The occupational accident data above includes the Company’s employees as well as 3 (three) Subsidiaries, namely Holi, Ethica, and Probiotec Pty Ltd.



                                                                                         Persentase Kecelakaan Serius yang Berakibat Cedera Serius
                                                                                                  dan Fatal dari Jumlah Pegawai [ESG S-06]
   Frekuensi Kecelakaan Kerja dari Jumlah Karyawan [ESG S-06]
                                                                                         Percentage of Serious Accidents Resulting in Serious Injuries
         Work Accidents Frequency per Total Employees
                                                                                                     and Fatalities from Total Employees
                                                                                                                       (%)

                                      0,00223                                                                                   0,11
Catatan: Data kecelakaan kerja di atas mencakup karyawan Perseroan serta 3 (tiga) Entitas Anak, yaitu Holi, Ethica, dan Probiotec Pty Ltd.
Note: The occupational accident data above includes the Company’s employees as well as 3 (three) Subsidiaries, namely Holi, Ethica, and Probiotec Pty Ltd.



Mekanisme Pengaduan Ketenagakerjaan                                                        Employment Complaint Mechanism
Dalam rangka menjaga transparansi dan tanggung jawab terkait                               In order to maintain transparency and accountability in labor
ketenagakerjaan, Perseroan dan Entitas Anak menyediakan                                    management, the Company and its Subsidiaries provide
sarana pengaduan melalui email dan media sosial resmi. Seluruh                             channels for complaints via official email and social media. All
pengaduan ditindaklanjuti dengan profesional. Sepanjang 3 (tiga)                           complaints are handled professionally. Over the past 3 (three)
tahun terakhir, tidak terdapat pengaduan terkait ketenagakerjaan                           years, there have been no significant or material complaints
yang bersifat signifikan maupun material.                                                  related to labor issues.



Aspek Masyarakat                                                                           Community Aspect

Perseroan menyadari bahwa keberlangsungan bisnis tidak                                     The Company recognizes that business going concern is
terlepas dari hubungan yang harmonis dengan masyarakat                                     closely linked to maintaining harmonious relationships
di sekitar wilayah operasional. Oleh karena itu, Perseroan                                 with communities around its operational areas. Therefore,
aktif melaksanakan berbagai program yang mendukung                                         the Company actively implements a number of different
pemberdayaan masyarakat, peningkatan kualitas hidup,                                       programs that support community empowerment, improvement
serta pembangunan sosial yang berkelanjutan. Program-                                      of quality of life, and sustainable social development. These
program tersebut dirancang untuk memberikan manfaat nyata                                  programs are designed to deliver tangible benefits through
melalui pendekatan yang responsif terhadap kebutuhan lokal,                                approaches that are responsive to local needs, covering areas
mencakup bidang kesehatan, pendidikan, lingkungan, dan                                     such as health, education, the environment, and community
penguatan ekonomi masyarakat. [GRI 3-3]                                                    economic strengthening. [GRI 3-3]


Dampak Operasi terhadap Masyarakat Sekitar                                                 Impact of Operations on the Surrounding
[POJK F.23] [GRI 413-2]                                                                    Community [POJK F.23] [GRI 413-2]
Kegiatan operasional Perseroan dapat memberikan pengaruh                                   The Company’s operational activities can have both direct
terhadap masyarakat di sekitar area kerja, baik secara langsung                            and indirect impacts on the communities surrounding its work
maupun tidak langsung. Untuk meminimalkan dampak negatif,                                  areas. To minimize negative effects, the Company implements




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Perseroan menerapkan praktik pengelolaan lingkungan yang                      strict environmental management practices, including
ketat, termasuk pengelolaan limbah, pengendalian polusi, dan                  waste management, pollution control, and efficient use of
efisiensi penggunaan sumber daya. Selain itu, komunikasi                      resources. In addition, open communication and dialogue with
dan dialog terbuka dengan komunitas terus dijalankan untuk                    the community are continuously conducted to accommodate
menampung aspirasi dan mencari solusi yang tepat. Di sisi                     aspirations and find appropriate solutions. At the same time,
lain, Perseroan juga berupaya memberikan kontribusi positif                   the Company strives to provide positive contributions through
melalui Program Corporate Social Responsibilty (“CSR”),                       its Corporate Social Responsibility (“CSR”) Programs, such as
seperti pemberdayaan masyarakat, pelatihan keterampilan,                      community empowerment, skills training, improving access
peningkatan akses kesehatan, serta dukungan kesejahteraan                     to healthcare, and supporting community welfare. Through
masyarakat. Dengan pendekatan ini, Perseroan berperan                         this approach, the Company actively contributes to creating
aktif dalam menciptakan lingkungan yang harmonis dan                          a harmonious and sustainable environment while strengthening
berkelanjutan sekaligus memperkuat kepercayaan masyarakat.                    public trust.


Penggunaan Tenaga Kerja Lokal [GRI 413-1]                                     Use of Local Labor [GRI 413-1]
Hingga Desember 2025, Perseroan terus memprioritaskan                         As of December 2025, the Company continues to prioritize
penggunaan tenaga kerja lokal, yang pada tahun ini tercatat                   the use of local labor, which this year accounted for 6.3%
sebanyak 6,3% menempati posisi manajemen senior dari                          of senior management positions from the total number of
jumlah karyawan keseluruhan. Sementara itu, komposisi                         employees. Meanwhile, the proportion of local workforce at
tenaga kerja lokal Entitas Anak, yaitu PT Medika Inovasi                      the Subsidiary, PT Medika Inovasi Nusantara, was recorded at
Nusantara sebanyak 22,58%. Komitmen ini menjadi wujud                         22.58%. This commitment reflects the Company’s contribution
kontribusi Perseroan dalam meningkatkan kesejahteraan                         to improving the welfare of local communities.
masyarakat setempat.


Tanggung Jawab Sosial Perusahaan                                              Corporate Social Responsibility
[POJK F.25] [ESG S-12]                                                        [POJK F.25] [ESG S-12]
Informasi mengenai kegiatan CSR yang telah dilakukan oleh                     Information regarding the CSR activities carried out by
Perseroan sepanjang 3 (tiga) tahun terakhir diuraikan sebagai                 the Company over the past 3 (three) years is described as
berikut:                                                                      follows:


                                                                       2025

 • Memberikan vitamin kepada masyarakat di Kabupaten Bone, Sulawesi      • Distributed vitamins to communities in Bone Regency, South
   Selatan.                                                                Sulawesi.
 • Memberikan vitamin kepada masyarakat di Masjid Al-Azhar Jaka          • Provided vitamins to communities at Al-Azhar Mosque, Jaka Permai,
   Permai Bekasi.                                                          Bekasi.
 • Memberikan vitamin kepada TNI Angkatan Laut.                          • Supplied vitamins to the Indonesian Navy (TNI AL).
 • Memberikan vitamin kepada korban banjir Jabodetabek melalui           • Delivered vitamins to flood victims in the Greater Jakarta area through
   BNPB.                                                                   the National Disaster Management Authority (BNPB).
 • Memberikan makanan ringan kepada anak-anak di Gereja Youth            • Provided snacks to children at Youth Church, Bogor.
   Bogor.
 • Memberikan vitamin kepada masyarakat Jakarta melalui Klinik Simas.    • Distributed vitamins to the Jakarta community through Klinik Simas.
 • Melakukan penanaman pohon mangrove di Kawasan Mangrovae Pluit.        • Planted mangroves in the Mangrove Pluit area.
 • Memberikan vitamin injeksi kepada Klinik SIMAS untuk berikan          • Supplied injectable vitamins to Klinik SIMAS for distribution to
   kepada masyarakat sekitar guna meningkatkan daya tahan tubuh.           surrounding communities to improve immunity.
 • Memberikan vitamin kepada kaum muda dan lansia di Gereja Santa        • Provided vitamins to youth and elderly congregants at Santa Monica
   Monica.                                                                 Church.
 • Memberikan vitamin Pyfaton kepada masyarakat dalam Kegiatan Car       • Distributed Pyfaton vitamins during the Car Free Day (“CFD”) event in
   Free Day (“CFD”) Jakarta pada 24 Agustus 2025.                          Jakarta on August 24, 2025.
 • Melakukan penghijauan dengan menanam pohon di Gunung Halimun          • Participated in greening activities by planting trees in Gunung
   Salak bersama Kontan.                                                   Halimun Salak in collaboration with Kontan.
 • Memberikan vitamin kepada Kaum muda di Gereja Persekutuan Doa         • Provided vitamins to youth at Priskila Prayer Fellowship Church.
   Priskila.
 • Memberikan vitamin kepada dokter dalam komunitas Ikatan Dokter        • Supplied vitamins to doctors in the West Java Indonesian Doctors
   Indonesia (“IDI”) Jawa Barat.                                           Association (“IDI”) community.
 • Melakukan penghijauan dengan melakukan penanaman pohon                • Participated in greening activities by planting trees with Al-Azhar at
   bersama Al-Azhar di Gunung Munara, Bogor.                               Gunung Munara, Bogor.
 • Memberikan vitamin kepada korban banjir Sumatra bersama BPOM,         • Distributed vitamins to flood victims in Sumatra in collaboration with
   PMI, dan Kementerian Kesehatan.                                         the Indonesian Food and Drug Authority (BPOM), Indonesian Red
                                                                           Cross (PMI), and Ministry of Health.




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                                                                   2024

 • Memberikan vitamin kepada Gereja dan Panti Asuhan di Maluku          • Donation of vitamins to Churches and Orphanages in Southeast
   Tenggara, Klaten, dan Manado.                                          Maluku, Klaten, and Manado.
 • Memberikan vitamin dan bantuan obat kepada Yon Armed                 • Donation of vitamins and medicine assistance to Yon Armed
   5/Pancagiri.                                                           5/Pancagiri.
 • Memberikan hewan kurban untuk masyarakat di sekitar wilayah          • Donating sacrificial animals to the community around the Company’s
   operasional Perseroan.                                                 operational area.
 • Melakukan penanaman pohon Mangrove bersama BPOM.                     • Planting mangrove trees in collaboration with BPOM.
 • Memberikan vitamin kepada Koramil Cipanas.                           • Donation of vitamins to Koramil Cipanas.
 • Memberikan vitamin kepada masyarakat di Rusun Benhill 2 bekerja      • Donation of vitamins to the community at Rusun Benhill 2 in
   sama dengan Nanovest.                                                  collaboration with Nanovest.
 • Memberikan vitamin kepada Jakarta Central Church.                    • Donation of vitamins to Jakarta Central Church.
 • Memberikan vitamin untuk kegiatan Program Percepatan Penanganan      • Donation of vitamins for the Child Stunting Handling Acceleration
   Stunting Anak di Nusa Tenggara Timur bekerja sama dengan KRIS.         Program in East Nusa Tenggara in collaboration with KRIS.
 • Memberikan bantuan obat-obatan kepada RS Tzu Chi Pantai Indah        • Donation of medicines to Tzu Chi Hospital in Pantai Indah Kapuk.
   Kapuk.
 • Memberikan bantuan obat-obatan kepada Klinik SIMAS.                  • Donation of medicines to SIMAS Clinic.
 • Memberikan vitamin kepada Kolinlamil TNI Angkatan Laut untuk         • Donation of vitamins to Kolinlamil TNI Navy for the children under
   anak-anak binaan.                                                      their care.
 • Memberikan bantuan obat dan vitamin untuk korban bencana banjir di   • Donation of medicines and vitamins to flood victims in South Cianjur.
   Cianjur Selatan.


                                                                   2023

 • Memberikan vitamin kepada anak-anak di Panti Asuhan SOS Children     • Donation of vitamins to children at SOS Children Village Orphanage.
   Village.
 • Memberikan hewan kurban untuk masyarakat sekitar operasional         • Donating sacrificial animals to the community around the Company’s
   Perseroan.                                                             operational area.
 • Membantu pemasangan listrik untuk masyarakat sekitar pabrik.         • Assisting with electrical installation for the community near the factory.
 • Membantu pemasangan lubang biopori di sekitar pabrik.                • Assisting with the installation of biopore holes around the factory.
 • Memberikan vitamin dan hand sanitizer untuk sekolah di sekitar       • Donation of vitamins and hand sanitizers to schools near the
   operasional Perseroan.                                                 Company’s operational area.
 • Memberikan vitamin ke Koramil Cipanas.                               • Donation of vitamins to Koramil Cipanas.
 • Memberikan vaksin di Puskemas sekitar pabrik Perseroan.              • Administering vaccines at community health centers near the
                                                                          Company’s factory.
 • Memberikan vitamin ke desa-desa di sekitar pabrik.                   • Donation of vitamins to villages around the factory.


Biaya Program CSR
CSR Program Cost
                                                                                                                 (dalam jutaan Rupiah / in million Rupiah)

                      2025                                         2024                                                 2023

                       813                                         1.690                                                 3.694



Program CSR yang dijalankan Perseroan saat ini berawal                     The CSR programs currently implemented by the Company
dari inisiatif internal yang dirancang untuk memberi manfaat               came from internal initiatives designed to provide direct
langsung bagi lingkungan kerja dan masyarakat sekitar. Ke                  benefits to the workplace and surrounding communities.
depan, Perseroan berencana memperluas jangkauan program                    Moving forward, the Company plans to expand the program’s
dengan menjalin kolaborasi bersama komunitas dan lembaga                   reach by collaborating with communities and social institutions,
sosial, agar dampak positif yang dihasilkan dapat dirasakan                so that the positive impact can be felt more broadly.
lebih luas.


Mekanisme Pengaduan Masyarakat [POJK F.24]                                 Public Complaints Mechanism [POJK F.24]
Dalam rangka menjaga transparansi dan tanggung jawab                       In order to maintain transparency and accountability to the
terhadap masyarakat, Perseroan dan Entitas Anak menyediakan                community, the Company and its Subsidiaries provide complaint
sarana pengaduan melalui email dan media sosial resmi.                     channels through official email and social media. All complaints
Seluruh pengaduan ditindaklanjuti dengan profesional.                      are addressed professionally. Over the past 3 (three) years,
Sepanjang 3 (tiga) tahun terakhir, tidak terdapat pengaduan                there have been no significant or material complaints related
terkait masyarakat yang bersifat signifikan maupun material.               to the community.




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Tata Kelola Perusahaan yang Baik           Laporan Keberlanjutan
  Good Corporate Governance                 Sustainability Report




Aspek Konsumen                                                      Customer Aspects

Perseroan menempatkan konsumen sebagai mitra utama                  The Company places consumers as a key partner in
dalam keberlanjutan bisnis. Untuk menjaga kepercayaan dan           the sustainability of its business. To maintain their trust and
loyalitas mereka, Perseroan berupaya memberikan produk              loyalty, the Company strives to provide products that are safe,
yang aman, berkualitas, dan sesuai dengan kebutuhan pasar.          high-quality, and aligned with market needs. All production
Seluruh proses produksi dijalankan dengan standar mutu              processes are carried out under high-quality standards and
tinggi serta kepatuhan terhadap regulasi yang berlaku. Adapun       in compliance with applicable regulations. The initiatives
inisiatif yang telah dilakukan oleh Perseroan terkait konsumen,     undertaken by the Company related to consumers are described
diuraikan sebagai berikut. [GRI 3-3]                                as follows. [GRI 3-3]


Komitmen untuk Memberikan Layanan atas                              Commitment to Provide Equivalent Products
Produk dan/atau Jasa yang Setara kepada                             and/or Services to Consumers
Konsumen [POJK F.17]                                                [POJK F.17]
Dalam setiap kegiatan usaha, Perseroan dan Entitas Anak             In all business activities, the Company and its Subsidiaries
berupaya memberikan produk serta layanan terbaik bagi seluruh       strive to provide the best products and services to all
konsumen tanpa membedakan latar belakang. Perseroan                 consumers without discrimination. The Company ensures
memastikan akses yang mudah dan merata terhadap produk              easy and equitable access to quality pharmaceutical products
farmasi yang berkualitas, sekaligus mendukung program               while supporting national healthcare programs. By maintaining
kesehatan nasional. Dengan menjaga kualitas, transparansi, dan      quality, transparency, and fairness, the Company is committed
keadilan, Perseroan berkomitmen membangun kepercayaan               to building consumer trust and loyalty in a sustainable manner.
serta loyalitas konsumen secara berkelanjutan.


Informasi Produk dan Layanan
Melalui situs web serta publikasi seperti Laporan Tahunan           Product and Service Information
dan Laporan Keberlanjutan, Perseroan menyediakan informasi          Through its website and publications such as the Annual Report
produk dan layanan secara terbuka, sebagai wujud transparansi       and Sustainability Report, the Company provides product and
dan tanggung jawab kepada pemangku kepentingan.                     service information openly, as a form of transparency and
                                                                    accountability to stakeholders.


Menjaga Kesehatan dan Keselamatan Konsumen
[POJK F.27] [GRI 416-1]                                             Maintaining Consumer Health and Safety
Dalam upaya menjaga kesehatan dan keselamatan konsumen,             [POJK F.27] [GRI 416-1]
Perseroan menerapkan sistem Farmakovigilans (“PV”) untuk            In its commitment to safeguarding consumer health and safety,
memastikan keamanan, efektivitas, dan kualitas setiap produk        the Company implements a Pharmacovigilance (“PV”) system
farmasi yang beredar. Melalui pembentukan Departemen                to ensure the safety, efficacy, and quality of all pharmaceutical
Farmakovigilans,    Perseroan    secara   aktif   melakukan         products in circulation. Through the establishment of the
memantau, menilai, memahami serta mencegah kemungkinan              Pharmacovigilance Department, the Company actively monitors,
efek samping atau permasalahan lain terkait penggunaan              assesses, understands, and prevents potential side effects or other
obat sesuai dengan ketentuan BPOM. Sistem ini berperan              issues associated with drug use, in accordance with the regulations
penting dalam memantau, mengumpulkan, mengidentifikasi,             set forth by the Indonesian Food and Drug Authority (BPOM). This
mengevaluasi, dan melaporkan informasi keamanan obat                system plays a critical role in continuously monitoring, collecting,
secara berkelanjutan, sehingga manfaat obat tetap optimal           identifying, evaluating, and reporting drug safety information,
dan risiko efek samping dapat diminimalkan.                         ensuring that the therapeutic benefits of medicines are maximized
                                                                    while minimizing the risk of adverse effects.


Sebagai wujud tanggung jawab terhadap konsumen dan                  As part of its responsibility to consumers and healthcare
tenaga medis, Perseroan terus melakukan pengawasan                  professionals,    the   Company       continuously    conducts
dan evaluasi menyeluruh terhadap profil keamanan                    comprehensive supervision and evaluation of product safety
produk, dengan memastikan setiap obat yang beredar                  profiles, ensuring that all circulating medicines comply
telah memenuhi standar keamanan obat yang berlaku                   with applicable safety standards and are accompanied
serta dilengkapi informasi bahan aktif, indikasi, dan               by information on active ingredients, indications, and
potensi efek samping yang mungkin terjadi. Selain itu,              potential side effects. In addition, the Company provides
Perseroan menyediakan saluran pelaporan langsung melalui            a direct reporting channel via email at pv.safety@pyfa.co.id for
email pv.safety@pyfa.co.id bagi konsumen yang mengalami             consumers who experience any adverse events during product




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kejadian tidak diinginkan selama penggunaan produk. Setiap                use. Every report is followed up by the Pharmacovigilance Team
laporan akan ditindaklanjuti oleh Tim Farmakovigilans melalui             through investigation, risk analysis, and reporting to BPOM.
investigasi, analisis risiko, serta pelaporan kepada BPOM.                By implementing an integrated, data-driven Pharmacovigilance
Dengan penerapan sistem Farmakovigilans yang terintegrasi                 system, the Company ensures effective product safety
dan berbasis data, Perseroan memastikan pengawasan                        monitoring while strengthening consumer trust in product
keamanan produk berjalan efektif, sekaligus memperkuat                    quality.
kepercayaan konsumen terhadap mutu produk.


Menjaga Keamanan Data Konsumen                                            Maintain Consumer Data Security
Perlindungan data konsumen menjadi prioritas utama                        Consumer data protection is a top priority in all of
dalam setiap aktivitas operasional Perseroan. Data pribadi                the Company’s operational activities. Personal data received
yang diterima dikelola secara aman dan hanya digunakan                    is managed securely and used solely for relevant purposes,
untuk tujuan yang relevan, seperti peningkatan layanan                    such as improving services and consumer experience.
dan pengalaman konsumen. Perseroan juga memperkuat                        The Company also strengthens information security through
keamanan informasi melalui sistem enkripsi, kontrol akses                 encryption systems, strict access controls, and regular audits
ketat, serta audit rutin untuk memastikan data tetap terlindungi          to ensure that data remains protected from the risks of leakage
dari risiko kebocoran atau penyalahgunaan.                                or misuse.


Inovasi dan Pengembangan Produk dan Jasa                                  Product/Service Innovation and Development
[POJK F.26]                                                               [POJK F.26]
Inovasi menjadi pendorong utama bagi Perseroan dalam                      Innovation is a key driver for the Company in creating superior
menciptakan produk dan layanan yang unggul. Melalui riset                 products and services. Through continuous research, the use
berkelanjutan, pemanfaatan teknologi modern, dan jaringan                 of modern technology, and an extensive distribution network,
distribusi yang luas, Perseroan memastikan setiap produk yang             the Company ensures that every product produced is of high
dihasilkan memiliki mutu tinggi, aman digunakan, dan sesuai               quality, safe for use, and meets the needs of society. The focus
dengan kebutuhan masyarakat. Fokus inovasi diwujudkan                     on innovation is realized through investment in R&D, which is
melalui investasi di bidang R&D yang terus dikembangkan untuk             continuously developed to create new formulations, improve
menghadirkan formulasi baru, meningkatkan efisiensi produksi,             production efficiency, and expand benefits for consumers.
dan memperluas manfaat bagi konsumen. Kolaborasi dengan                   Collaboration with research and industry partners further
mitra riset dan industri turut memperkuat langkah Perseroan dalam         strengthens the Company’s efforts in delivering relevant and
menghasilkan solusi kesehatan yang relevan dan berkelanjutan.             sustainable health solutions.


Sepanjang tahun 2025, Perseroan melalui Probiotec Pty Ltd telah           Throughout 2025, the Company, through Probiotec Pty Ltd,
meluncurkan 8 (delapan) produk baru. Selain itu, Pyfa dan Ethica          launched eight 8 (eight) new products. In addition, Pyfa and
turut meluncurkan beberapa produk baru sebagai berikut.                   Ethica also introduced several new products as follows.
1. Pyforbon.                                                              1. Pyforbon.
2. D3-5000.                                                               2. D3-5000.
3. Instillagel.                                                           3. Instillagel.
4. Mucocil.                                                               4. Mucocil.
5. Ascorbic Acid Injection.                                               5. Ascorbic Acid Injection.
6. Labetalol Injection.                                                   6. Labetalol Injection.
7. Narxon Injection.                                                      7. Narxon Injection.
8. Atranest Injection.                                                    8. Atranest Injection.
9. 18 SKUs Pyfaesthetic Product.                                          9. 18 SKUs Pyfaesthetic Product.


Selain mengembangkan produk inovatif, Perseroan berupaya                  In addition to developing innovative products, the Company
meningkatkan pengalaman konsumen melalui kemudahan                        strives to improve the consumer experience through easy
akses, distribusi yang efisien, dan layanan yang responsif,               access, efficient distribution, and responsive services, thereby
sehingga mampu memberikan nilai berkelanjutan bagi                        providing sustainable value to society and stakeholders.
masyarakat dan pemangku kepentingan.


Dampak Produk/Jasa [POJK F.28]                                            Product/Service Impact [POJK F.28]
Setiap produk yang dihasilkan Perseroan membawa dampak                    Every product produced by the Company has a tangible impact
nyata bagi kehidupan masyarakat. Melalui formulasi obat-                  on people’s lives. Through innovative, research-based drug
obatan yang inovatif dan berbasis riset, Perseroan berupaya               formulations, the Company strives to support the prevention




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mendukung pencegahan serta pemulihan berbagai penyakit,             and treatment of various diseases while improving quality of life.
sekaligus meningkatkan kualitas hidup. Di sisi lain, potensi        At the same time, potential side effects remain a serious
efek samping tetap menjadi perhatian serius. Karena itu,            concern. Therefore, the Company implements              a strict
Perseroan menjalankan sistem pengawasan ketat melalui               monitoring system through the Pharmacovigilance Division to
Divisi Farmakovigilans untuk memastikan setiap produk tetap         ensure that every product remains safe, effective, and compliant
aman, efektif, dan sesuai dengan standar kesehatan yang             with applicable health standards. Through this approach,
berlaku. Dengan pendekatan ini, Perseroan berperan aktif            the Company actively contributes to providing responsible
dalam menciptakan solusi kesehatan yang bertanggung jawab           and sustainable health solutions.
dan berkelanjutan.


Jumlah Produk yang Ditarik Kembali [POJK F.29]                      Number of Products Recalled [POJK F.29]
Pada 31 Desember 2025, Perseroan melakukan penarikan                As of December 31, 2025, the Company recalled its products
produk dari pasar sebanyak 12.405 boks. Penarikan tersebut          from the market totaling 12,405 boxes. The recall was carried
dilakukan sehubungan dengan adanya perubahan golongan               out in connection with the reclassification of the product
obat dari Obat Bebas Terbatas menjadi Obat Keras. Langkah           from a Limited Over-the-Counter Drug to a Prescription Drug.
ini merupakan bagian dari kepatuhan Perseroan terhadap              This measure forms part of the Company’s compliance with
ketentuan regulasi yang berlaku serta untuk memastikan              applicable regulatory requirements and ensures that product
distribusi produk sesuai dengan klasifikasi yang ditetapkan         distribution aligns with the established classification.


Survei Kepuasan Konsumen terhadap Produk                            Customer Satisfaction Survey with Products
dan/atau Jasa [POJK F.30]                                           and/or Services [POJK F.30]
Sepanjang tahun 2025, Perseroan belum melaksanakan survei           Throughout 2025, the Company has not conducted
kepuasan konsumen secara menyeluruh. Kendati demikian,              a comprehensive consumer satisfaction survey. Nevertheless,
hubungan dengan konsumen tetap terjaga melalui komunikasi           relationships with consumers remain well-maintained through
aktif dan terbuka, di mana setiap saran dan masukan menjadi         active and open communication, where every suggestion and
dasar perbaikan berkelanjutan.                                      feedback serves as a basis for continuous improvement.


Mekanisme Pengaduan Konsumen                                        Consumer Complaint Mechanism
Dalam rangka menjaga transparansi dan tanggung jawab                To maintain transparency and accountability to consumers,
terhadap konsumen, Perseroan dan Entitas Anak menyediakan           the Company and its Subsidiaries provide complaint channels
sarana pengaduan melalui email, yaitu pv.safety@pyfa.co.id,         via email at pv.safety@pyfa.co.id, pv.safety@ethica.co.id, as
pv.safety@ethica.co.id, serta pv.safety@holipharma.co.id, dan       well as pv.safety@holipharma.co.id, and official social media
media sosial resmi. Seluruh pengaduan ditindaklanjuti dengan        platforms. All complaints are addressed professionally.
profesional. Sepanjang tahun 2025, tidak terdapat pengaduan         Throughout 2025, no complaints have been reported that are
terkait konsumen yang bersifat signifikan maupun material.          significant or material in nature.



Aspek Mitra Usaha                                                   Business Partner Aspect

Mitra usaha memiliki peran strategis dalam mendukung kinerja        Business partners play a strategic role in supporting
dan pertumbuhan Perseroan. Oleh karena itu, Perseroan               the Company’s performance and growth. Therefore,
senantiasa menjaga hubungan kemitraan yang beretika,                the Company consistently maintains partnerships that are
transparan, dan berorientasi pada nilai bersama, agar seluruh       ethical, transparent, and oriented toward shared value, so that
pihak dapat berkembang secara berkesinambungan.                     all parties can grow sustainably.


Kerja sama antara Perseroan dengan mitra usaha diatur dalam         Collaboration between the Company and its business partners
Kode Etik dan Standar Perilaku, yang menekankan pentingnya          is governed by the Code of Conduct, which emphasizes
prinsip kesetaraan, transparansi, serta integritas bisnis dalam     the importance of equality, transparency, and business integrity
setiap kegiatan operasional. Melalui pedoman ini, seluruh           in all operational activities. Through these guidelines, all partners
mitra diharapkan menjalankan praktik usaha yang bertanggung         are expected to conduct responsible business practices in line
jawab dan sejalan dengan nilai-nilai keberlanjutan. Perseroan       with sustainability values. The Company is also committed to:
juga berkomitmen untuk:
1. Memelihara hubungan yang dapat memberikan nilai                  1. Maintain relationships that provide added to each
    tambah bagi masing-masing pihak melalui pengaturan                 party through clear and mutually beneficial contractual
    kontrak yang jelas dan saling menguntungkan;                       agreements;




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2. Menjamin aktivitas usaha dilakukan bebas dari pemaksaan                2. Ensure business activities are free from coercion and
   dan kolusi;                                                               collusion;
3. Memberikan kesempatan usaha yang sama kepada                           3. Providing equal business opportunities to all potential
   seluruh calon mitra usaha yang sesuai dengan serta                        business partners by implementing an objective and
   penerapan dilakukan secara objektif dan adil berdasarkan                  fair selection process based on applicable criteria and
   kriteria dan ketentuan yang berlaku; serta                                regulations; and
4. Tidak memberikan perlakuan istimewa kepada konsumen,                   4. Avoiding preferential treatment towards customers,
   pemasok, mitra bisnis, pemerintah, atau pihak lain melebihi               suppliers, business partners, the government, or any other
   dari kebijakan yang ditetapkan oleh perusahaan.                           parties beyond the policies set by the Company.


Penilaian Pemasok berdasarkan Indikator Sosial                            Supplier Assessment based on Social and
dan Lingkungan                                                            Environmental Indicators
Perseroan menerapkan proses penilaian pemasok yang                        The Company implements a comprehensive supplier
komprehensif sebagai bagian dari komitmen untuk memastikan                assessment process as part of its commitment to ensure
bahwa praktik keberlanjutan tidak hanya diterapkan di dalam               that sustainability practices are applied not only within
organisasi, tetapi juga di seluruh rantai pasok. Mengingat                the organization but throughout the supply chain. Given that
industri farmasi memiliki ketergantungan tinggi terhadap bahan            the pharmaceutical industry relies heavily on high-quality raw
baku, material kimia, dan komponen kemasan berkualitas,                   materials, chemical materials, and packaging components,
Perseroan memahami bahwa pemilihan pemasok yang                           the Company recognizes that selecting responsible suppliers
bertanggung jawab merupakan faktor strategis dalam menjaga                is a strategic factor in maintaining product quality, regulatory
mutu produk, kepatuhan regulasi, serta integritas keberlanjutan.          compliance, and sustainability integrity. [GRI 3-3]
[GRI 3-3]


Penilaian pemasok dilakukan dengan mengacu pada                           Supplier assessments are conducted based on social and
indikator sosial dan lingkungan. Dalam aspek lingkungan,                  environmental indicators. On the environmental aspect,
Perseroan mengevaluasi apakah pemasok telah menerapkan                    the Company evaluates whether suppliers have implemented
praktik pengelolaan lingkungan yang memadai, termasuk                     adequate environmental management practices, including
kepatuhan terhadap regulasi lingkungan, pengelolaan limbah,               compliance    with   environmental    regulations, waste
efisiensi energi, dan penggunaan material berkelanjutan.                  management, energy efficiency, and the use of sustainable
Penilaian ini memastikan bahwa setiap pemasok tidak                       materials. This assessment ensures that each supplier
hanya memenuhi spesifikasi teknis, tetapi juga beroperasi                 not only meets technical specifications but also operates
dengan memperhatikan dampak ekologis dari aktivitasnya.                   with awareness of the ecological impact of its activities.
[GRI 308-1]                                                               [GRI 308-1]


Pada aspek sosial, Perseroan menilai kepatuhan pemasok                    On the social aspect, the Company evaluates suppliers’
terhadap standar ketenagakerjaan, K3, serta perlindungan hak              compliance with labor standards, OHS, and human rights
asasi manusia. Evaluasi ini mencakup keberadaan kebijakan K3,             protection. This evaluation includes the existence of OHS
kondisi kerja yang layak, tidak adanya praktik kerja paksa atau           policies, decent working conditions, the absence of forced labor
pekerja anak, serta komitmen pemasok terhadap etika bisnis                or child labor, and suppliers’ commitment to business ethics and
dan praktik non-diskriminatif. Melalui penilaian ini, Perseroan           non-discriminatory practices. Through this assessment, the
memastikan bahwa para pemasok beroperasi sesuai prinsip                   Company ensures that suppliers operate in accordance with
hubungan industrial yang adil dan bertanggung jawab. [GRI 414-1]          principles of fair and responsible industrial relations. [GRI 414-1]


Untuk menjaga hubungan yang sehat dan profesional,                        To maintain a healthy and professional relationships,
Perseroan menyediakan sarana pengaduan bagi mitra usaha                   the Company provides a grievance mechanism for business
guna melaporkan dugaan pelanggaran atau kesalahpahaman                    partners to report suspected violations or misunderstandings
selama proses kerja sama. Laporan ditangani oleh Sekretaris               during the collaboration process. Reports are handled
Perusahaan dan Unit Audit Internal secara rahasia dan                     confidentially and responsibly by the Corporate Secretary and
bertanggung jawab. Sepanjang tahun 2025, Perseroan maupun                 Internal Audit Unit. Throughout 2025, neither the Company nor
Entitas Anak tidak menerima pengaduan dari mitra usaha, yang              its Subsidiaries received complaints from business partners,
mencerminkan kemitraan yang harmonis dan berlandaskan                     reflecting partnerships that are harmonious and based on trust.
kepercayaan.




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Verifikasi Tertulis dari Pihak Independen                                              [POJK G.1] [GRI 2-5]

Written Verification from Independent Party


Sepanjang tahun 2025, Perseroan belum melibatkan pihak         Throughout 2025, the Company has not engaged an independent
independen dalam melakukan verifikasi terhadap Laporan         party to verify the Annual Report and Sustainability Report.
Tahunan dan Laporan Keberlanjutan yang diterbitkan.            However, the Company ensures that all content and information
Akan tetapi, Perseroan menjamin bahwa dalam pengerjaan         presented in this report are accountable for their truthfulness
laporan ini, segala isi dan informasi yang disampaikan dapat   and accuracy, and have undergone a review process by
dipertanggungjawabkan kebenaran, keakuratan, dan telah         the management.
melalui proses reviu oleh manajemen.




                                                                                             PT Pyridam Farma Tbk      257
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Halaman ini sengaja dikosongkan
This page is intentionally left blank
Page 261
Lembar Umpan Balik                                       [POJK G.3]

Feedback Form


Terima kasih telah membaca Laporan Tahunan dan                                                    Thank you for reading the Annual Report and Sustainability
Laporan Keberlanjutan 2025 PT Pyridam Farma Tbk. Untuk                                            Report of PT Pyridam Farma Tbk 2025. To improve
meningkatkan kinerja keberlanjutan perusahaan, mohon                                              the Company’s sustainability performance, we kindly ask our
kesediaan para pemangku kepentingan untuk memberikan                                              stakeholders to provide feedback after reading this Annual
umpan balik setelah membaca Laporan Tahunan dan Laporan                                           Report and Sustainability Report by sending an email or
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                                                                                                                                                             PT Pyridam Farma Tbk                              259
Page 262
      Laporan ini mudah dimengerti:
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                                                                     Kantor Utama
                                                                     Head Office
                                                                     Sinar Mas Land Plaza Sudirman Lt. 12 / 12th Floor
                                                                     Jl. Jenderal Sudirman Kav. 21, RT 10/RW 01 Kuningan,
                                                                     Karet Jakarta Selatan / South Jakarta 12920

                                                                                   Telp                                                                                     Situs Web
    Herdiasti                                                                      Phone
                                                                                                      (62-21) 5099 1067
                                                                                                                                                                            Website
                                                                                                                                                                                                       www.pyfa.co.id
 Anggitya Dwisani                                                                  Hubungan Investor
                                                                                                                           corsec@pyfa.co.id
                                                                                   Investor Relation
     Sekretaris Perusahaan
      Corporate Secretary



     260         Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
Page 263
Tanggapan terhadap Umpan Balik
Laporan Tahun Sebelumnya                                              [POJK G.3]

Response to Feedback on the Previous Year’s Report
Perseroan tidak menerima umpan balik, saran, atau masukan                  The Company did not receive feedback, suggestions, or input
dari pemangku kepentingan terkait penyusunan Laporan                       from stakeholders regarding the preparation of the Annual
Tahunan dan Laporan Keberlanjutan untuk tahun buku                         Report and Sustainability Report for the 2024 financial year.
2024. Namun demikian, Perseroan berkomitmen untuk terus                    However, the Company is committed to continuously improving
meningkatkan kualitas penyusunan laporan tersebut.                         the quality of these reports.




Indeks Pengungkapan Kriteria Peraturan Otoritas Jasa
Keuangan No. 51/POJK.03/2017                                                       [POJK G.5]

Financial Service Authority Regulation Criteria Disclosure Index
No. 51/POJK.03/2017

 No. Indeks                                                       Uraian                                                   Halaman
 Index No.                                                      Description                                                 Page

                Penjelasan Strategi Berkelanjutan
 A.1                                                                                                                           19
                Description on Sustainability Strategy
 Ikhtisar Kinerja Berkelanjutan
 Sustainability Performance Highlights
                Ikhtisar Kinerja Ekonomi
 B.1                                                                                                                           25
                Economic Performance Highlights
                Ikhtisar Kinerja Lingkungan Hidup
 B.2                                                                                                                           28
                Environmental Performance Highlights
                Ikhtisar Kinerja Sosial
 B.3                                                                                                                           28
                Social Performance Highlights
 Profil Perusahaan
 Company Profile
                Visi, Misi, dan Nilai Berkelanjutan
 C.1                                                                                                                           70
                Vision, Mission, and Sustainability Values
                Alamat Perusahaan
 C.2                                                                                                                           66
                Company Address
                Skala Perusahaan
 C.3                                                                                                                           108
                Company Scale
                Produk, Layanan, dan Kegiatan Usaha yang Dijalankan
 C.4                                                                                                                           76
                Products, Services, and Business Activities
                Keanggotaan pada Asosiasi
 C.5                                                                                                                           42
                Association Membership
                Perubahan Organisasi Bersifat Signifikan
 C.6                                                                                                                           69
                Significant Organization Changes
 Penjelasan Direksi
 Explanation from the Board of Directors
                Penjelasan Direksi
 D.1                                                                                                                           54
                Explanation from the Board of Directors
 Tata Kelola Berkelanjutan
 Sustainability Governance
                Penanggung Jawab Penerapan Keuangan Berkelanjutan
 E.1                                                                                                                           215
                Responsible Person for the Implementation of Sustainable Finance
                Pengembangan Kompetensi terkait Keuangan Berkelanjutan
 E.2                                                                                                                           216
                Competency Development related to Sustainable Finance




                                                                                                        PT Pyridam Farma Tbk         261
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No. Indeks                                                           Uraian                                                         Halaman
Index No.                                                          Description                                                       Page

                Penilaian Risiko atas Penerapan Keuangan Berkelanjutan
E.3                                                                                                                                   219
                Risk Assessment for the Implementation of Sustainable Finance
                Hubungan dengan Pemangku Kepentingan
E.4                                                                                                                                    9
                Relations with the Stakeholders
                Permasalahan terhadap Penerapan Keuangan Berkelanjutan
E.5                                                                                                                                   18
                Problems with the Implementation of Sustainable Finance
Kinerja Berkelanjutan
Sustainable Performance
                Kegiatan Membangun Budaya Berkelanjutan
F.1                                                                                                                                   220
                Building a Sustainability Culture
Kinerja Ekonomi
Economic Performance
                Perbandingan Target dan Kinerja Produksi, Portofolio, Target Pembiayaan, atau Investasi, Pendapatan dan Laba Rugi
F.2             Comparison of Production Targets and Performance, Portfolios, Financing Targets, or Investments, Income and           221
                Profit and Loss
                Perbandingan Target dan Kinerja Portofolio, Target Pembiayaan, atau Investasi pada Instrumen Keuangan atau
                Proyek yang Sejalan dengan Keuangan Berkelanjutan
F.3                                                                                                                                   221
                Comparison of Portfolio Targets and Performance, Financing Targets, or Investments in Similar Financial
                Instruments or Projects with Sustainable Finance
Kinerja Lingkungan
Environmental Performance

Umum
General
                Biaya Lingkungan Hidup
F.4                                                                                                                                   225
                Environmental Cost
Aspek Material
Material Aspect
                Penggunaan Material yang Ramah Lingkungan
F.5                                                                                                                                   226
                Use of Eco-Friendly Material
Aspek Energi
Energy Aspect
                Jumlah dan Intensitas Energi yang Digunakan
F.6                                                                                                                                   227
                Amount and Intensity of Energy Consumption
                Upaya dan Pencapaian Efisiensi Energi dan Penggunaan Energi Terbarukan
F.7                                                                                                                                 227-228
                Efforts and Achievement of Energy Efficiency and Use of Renewable Energy
Aspek Air
Water Aspect
                Penggunaan Air
F.8                                                                                                                                   231
                Water Use
Aspek Keanekaragaman Hayati
Biodiversity Aspect
                Dampak dari Wilayah Operasional yang Dekat atau Berada di Daerah Konservasi atau Memiliki Keanekaragaman
F.9             Hayati                                                                                                                237
                Impact of Operational Areas that are Near or Located in Conservation Areas or Have Biodiversity
                Usaha Konservasi Keanekaragaman Hayati
F.10                                                                                                                                  237
                Biodiversity Conservation Effort
Aspek Emisi
Emission Aspect
                Jumlah dan Intensitas Emisi yang Dihasilkan berdasarkan Jenisnya
F.11                                                                                                                                  228
                Emission Amount and Intensity by Its Type
                Upaya dan Pencapaian Pengurangan Emisi yang Dilakukan
F.12                                                                                                                                  230
                Emission Reduction Efforts and Achievements
Aspek Limbah dan Efluen
Waste and Effluent Aspect
                Jumlah Limbah dan Efluen yang Dihasilkan berdasarkan Jenis
F.13                                                                                                                                  233
                Amount of Waste and Effluent Generated by Type




 262      Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
Page 265
No. Indeks                                                         Uraian                                                     Halaman
Index No.                                                        Description                                                   Page

              Mekanisme Pengelolaan Limbah dan Efluen
F.14                                                                                                                               232
              Waste and Effluent Management Mechanisms
              Tumpahan yang Terjadi (jika ada)
F.15                                                                                                                               237
              Spills (if any)
Aspek Pengaduan terkait Lingkungan Hidup
Environmental-related Complaints Aspect
              Jumlah dan Materi Pengaduan Lingkungan Hidup yang Diterima dan Diselesaikan
F.16                                                                                                                               238
              The Amount and Material of Environmental Complaints Received and Resolved
Kinerja Sosial
Social Performance
              Komitmen LJK, Emiten, atau Perusahaan Publik untuk Memberikan Layanan atas Produk dan/atau Jasa yang
F.17          Setara kepada Konsumen                                                                                               253
              Commitment to Provide Equal Service for Products and/or Services to Consumers
Aspek Ketenagakerjaan
Employment Aspect
              Kesetaraan Kesempatan Bekerja
F.18                                                                                                                               241
              Equal Opportunity to Work
              Tenaga Kerja Anak dan Tenaga Kerja Paksa
F.19                                                                                                                               243
              Child Labor and Forced Labor
              Upah Minimum Regional
F.20                                                                                                                               244
              Regional Minimum Wage
              Lingkungan Bekerja yang Layak dan Aman
F.21                                                                                                                               248
              Safe and Decent Work Environment
              Pelatihan dan Pengembangan Kemampuan Pegawai
F.22                                                                                                                               110
              Employee Training and Capacity Building
Aspek Masyarakat
Community Aspect
              Dampak Operasi terhadap Masyarakat Sekitar
F.23                                                                                                                               250
              Operation Impact on the Surrounding Communities
              Pengaduan Masyarakat
F.24                                                                                                                               252
              Public Complaints
              Kegiatan Tanggung Jawab Sosial Lingkungan (“TJSL”)
F.25                                                                                                                               251
              Social and Environmental Responsibility (“SER”) Activities
Tanggung Jawab Pengembangan Produk/Jasa Berkelanjutan
Responsibility for Sustainable Product/Service Development
              Inovasi dan Pengembangan Produk/Jasa Keuangan Berkelanjutan
F.26                                                                                                                               254
              Innovation and Development of Sustainable Financial Products/Services
              Produk/Jasa yang sudah Dievaluasi Keamanannya bagi Pelanggan
F.27                                                                                                                               254
              Safety Evaluated Products/Services for Customers
              Dampak Produk/Jasa
F.28                                                                                                                               255
              Product/Service Impact
              Jumlah Produk yang Ditarik Kembali
F.29                                                                                                                               255
              Number of Recalled Products
              Survei Kepuasan Konsumen terhadap Produk dan/atau Jasa Keuangan Berkelanjutan
F.30                                                                                                                               255
              Customer Satisfaction Survey on Sustainable Financial Products and/or Services
Lain-Lain
Others
              Verifikasi Tertulis dari Pihak Independen (jika ada)
G.1                                                                                                                                257
              Written Verification from Independent Party (if any)
              Surat Pernyataan Anggota Direksi tentang Tanggung Jawab atas Laporan Berkelanjutan
G.2                                                                                                                                271
              Statement of the Board of Directors regarding Responsibility for the Sustainability Report
              Lembar Umpan Balik
G.3                                                                                                                                259
              Feedback Form
              Tanggapan terhadap Umpan Balik Laporan Tahun Sebelumnya
G.4                                                                                                                                261
              Sustainability Report Responsibilities
              Daftar Pengungkapan sesuai Peraturan Otoritas Jasa Keuangan No. 51/POJK.03/2017
G.5                                                                                                                                261
              List of Disclosures in accordance with Financial Services Authority Regulation No. 51/POJK.03/2017




                                                                                                            PT Pyridam Farma Tbk         263
Page 266
Daftar Pengungkapan sesuai Pelaporan ESG Metrik
Disclosure List according to the ESG Matrix Reporting


No. Indeks                                                      Nama Metrik                                                           Halaman
Index No.                                                       Metric Name                                                            Page

Kinerja Lingkungan (E)
Environmental Performance (E)
              Laporan Emisi Gas Rumah Kaca
E-01                                                                                                                                    229
              Greenhouse Gas Emissions Report
              Intensitas Emisi Gas Rumah Kaca
E-02                                                                                                                                    230
              Greenhouse Gas Emissions Intensity
              Konsumsi Energi Listrik
E-03                                                                                                                                    228
              Electricity Energy Consumption
              Konsumsi Air
E-04                                                                                                                                    231
              Water Use
              Limbah yang Dihasilkan
E-05                                                                                                                                    233
              Waste Generated
              Komitmen Perusahaan untuk Mencapai Target Net Zero Emission
E-06                                                                                                                                    230
              The Company’s Commitment to Achieving Net Zero Emissions Targets
              Komitmen Perusahaan untuk Mengurangi Emisi Gas Rumah Kaca
E-07                                                                                                                                    230
              The Company’s Commitment to Reducing Greenhouse Gas Emissions
Kinerja Sosial (S)
Social Performance (S)
              Kesetaraan Gender
S-01                                                                                                                                    242
              Gender Equality
              Pegawai berdasarkan Gender dan Kelompok Umur
S-02                                                                                                                                    242
              Employees by Gender and Age Group
              Tingkat Pergantian Pegawai
S-03                                                                                                                                    109
              Employee Turnover Rate
              Jumlah Pegawai Sementara
S-04                                                                                                                                    110
              Number of Temporary Employees
              Pelatihan dan Pengembangan Pegawai
S-05                                                                                                                                    110
              Employee Training and Development
              Jumlah Kecelakaan Kerja
S-06                                                                                                                                    250
              Number of Workplace Accidents
              Kejadian Pelanggaran Hak Asasi Manusia
S-07                                                                                                                                    243
              Incidents of Human Rights Violations
              Kebijakan Pelecehan Seksual dan/atau Non-Diskriminasi
S-08                                                                                                                                    246
              Policy on Sexual Harassment and/or Non-Discrimination
              Kebijakan mengenai Hak Asasi Manusia
S-09                                                                                                                                    242
              Human Rights Policy
              Kebijakan Pekerja Anak dan/atau Pekerja Paksa
S-10                                                                                                                                    243
              Policy on Child Labor and/or Forced Labor
              Kebijakan mengenai Kesehatan dan Keselamatan Kerja serta Lingkungan Kerja yang Aman dan Layak Diberikan
S-11          kepada Seluruh Karyawan                                                                                                   248
              Policy on Occupational Health and Safety and the Provision of a Safe and Decent Working Environment for All Employees
S-12          Corporate Social Responsibility                                                                                           251

Kinerja Tata Kelola (G)
Governance Performance (G)
              Keberagaman Manajemen dan Independensi
G-01                                                                                                                                    181
              Management Diversity and Independence
              Total Kehadiran Dewan Komisaris dan Direksi dalam Rapat
G-02                                                                                                                                  168; 175
              Total Attendance of the Board of Commissioners and Board of Directors at Meetings
              Kebijakan Pemisahan Chairman of the Board dan CEO
G-03                                                                                                                                    148
              Policy on Separation of the Chairman of the Board and CEO
              Kebijakan Penilaian Dewan Komisaris dan Direksi
G-04                                                                                                                                  169; 176
              Policy on the Board of Commissioners and Board of Directors Evaluation




 264      Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
Page 267
No. Indeks                                                         Nama Metrik                                                  Halaman
Index No.                                                          Metric Name                                                   Page

              Kebijakan Pelatihan Dewan Komisaris dan Direksi
G-05                                                                                                                            169; 176
              Policy on the Board of Commissioners and Board of Directors Training
              Kriteria Khusus Pemilihan Dewan
G-06                                                                                                                                 178
              Specific Criteria for Board Member Selection
              Kode Etik dan/atau Anti-Korupsi
G-07                                                                                                                                 205
              Code of Conduct and/or Anti-Corruption Policy
              Kebijakan Perlakuan Adil terhadap Pemegang Saham
G-08                                                                                                                                 154
              Policy on Fair Treatment of the Shareholders
              Pencegahan Konflik Kepentingan
G-09                                                                                                                                 182
              Prevention of Conflicts of Interest




Daftar Pengungkapan GRI Standards 2021
Disclosure List of GRI Standards 2021


                     Pernyataan Penggunaan                                                        GRI 1 yang Digunakan
                        Statement of Use                                                               GRI 1 Used

PT Pyridam Farma Tbk melaporkan informasi dalam indeks isi Standar        GRI 1: Foundation 2021 opsi “with reference”
GRI ini untuk periode 1 Januari 2025–31 Desember 2025 dengan referensi
Standar GRI.
PT Pyridam Farma Tbk reports information in this GRI Standards Content    GRI 1: Foundation 2021 option “with reference”
Index for the period January 1, 2025–December 31, 2025 with reference
to the GRI Standards.



                                                                         Keterbukaan
                                                                         Transparency

                                 No.                                                                                            Halaman
       GRI - Standard
                               Indeks                                             Judul                                          Page
                                Index                                             Title
                                 No.

Pengungkapan Umum
General Disclosure

                               Organisasi dan Praktik Pelaporannya
                               Organization and Reporting Practices
                                          Detail Organisasi
                               2-1                                                                                                   66
                                          Organizational Details

GRI 2:                                    Entitas yang Termasuk dalam Pelaporan Keberlanjutan
                               2-2                                                                                                    4
Pengungkapan Umum 2021                    Entities Included in Sustainability Reporting
General Disclosure 2021                   Periode Pelaporan, Frekuensi, dan Kontak
                               2-3                                                                                                   4; 5
                                          Reporting Period, Frequency, and Contact Information
                                          Pernyataan Ulang Informasi
                               2-4                                                                                                    5
                                          Restatement of Information
                                          Jaminan Eksternal
                               2-5                                                                                                   257
                                          External Assurance
                               Aktivitas dan Pekerja
GRI 2:                         Activities and Workers
Pengungkapan Umum 2021
General Disclosure 2021                   Aktivitas, Rantai Nilai, dan Hubungan Bisnis Lainnya
                               2-6                                                                                                   76
                                          Activities, Value Chain, and Other Business Relationships




                                                                                                              PT Pyridam Farma Tbk          265
Page 268
                                                                     Keterbukaan
                                                                     Transparency

                               No.                                                                             Halaman
       GRI - Standard
                             Indeks                                            Judul                            Page
                              Index                                            Title
                               No.

                                        Karyawan
                             2-7                                                                                 108
                                        Employees
                                        Pekerja yang Bukan Karyawan
                             2-8                                                                                 110
                                        Workers Who Are Not Employees
                             Tata Kelola
                             Governance
                                        Struktur dan Komposisi Tata Kelola
                             2-9                                                                                 148
                                        Governance Structure and Composition
                                        Nominasi dan Seleksi untuk Badan Tata Kelola Tertinggi
                             2-10                                                                                178
                                        Nomination and Selection for the Highest Governance Body
                                        Ketua Badan Tata Kelola Tertinggi
                             2-11                                                                                148
                                        Chair of the Highest Governance Body
                                        Peran Badan Tata Kelola Tertinggi dalam Mengawasi Pengelolaan Dampak
                             2-12                                                                                148
                                        Role of the Highest Governance Body in Supervising Impact Management
                                        Pendelegasian Tanggung Jawab untuk Mengelola Dampak
                             2-13                                                                                148
                                        Delegation of Responsibility for Managing Impacts
                                        Peran Badan Tata Kelola Tertinggi dalam Pelaporan Keberlanjutan
                             2-14                                                                                148
                                        Role of the Highest Governance Body in Sustainability Reporting
                                        Konflik Kepentingan
                             2-15                                                                                182
                                        Conflict of Interest
                                        Komunikasi Keprihatinan Krisis
                             2-16                                                                                206
                                        Communication of Concerns and Crisis Management
                                        Pengetahuan Kolektif dari Badan Tata Kelola Tertinggi
                             2-17                                                                                216
                                        Collective Knowledge of the Highest Governance Body
                                        Evaluasi Kinerja Badan Tata Kelola Tertinggi
GRI 2:                       2-18                                                                              169; 176
                                        Performance Evaluation of the Highest Governance Body
Pengungkapan Umum 2021
General Disclosure 2021                 Kebijakan Remunerasi
                             2-19                                                                                178
                                        Remuneration Policy
                                        Proses untuk Menentukan Remunerasi
                             2-20                                                                                178
                                        Process for Determining Remuneration
                                        Rasio Kompensasi Total Tahunan
                             2-21                                                                                179
                                        Annual Total Compensation Ratio
                             Strategi, Kebijakan, dan Praktik
                             Strategies, Policies, and Practices
                                        Pernyataan tentang Strategi Pembangunan Berkelanjutan
                             2-22                                                                                18
                                        Statement on Sustainable Development Strategy
                                        Komitmen Kebijakan
                             2-23                                                                                18
                                        Policy Commitment
                                        Menanamkan Komitmen Kebijakan
                             2-24                                                                              201-202
                                        Embedding Policy Commitment
                                        Proses untuk Memulihkan Dampak Negatif
                             2-25                                                                              201; 219
                                        Process for Remediating Negative Impacts
                                        Mekanisme untuk Mencari Nasihat dan Menyampaikan Kekhawatiran
                             2-26                                                                                206
                                        Mechanisms for Seeking Advice and Raising Concerns
                                        Kepatuhan terhadap Hukum dan Peraturan
                             2-27                                                                                208
                                        Compliance with Laws and Regulations
                                        Keanggotaan Asosiasi
                             2-28                                                                                42
                                        Association Memberships
                             Keterlibatan Pemangku Kepentingan
                             Stakeholder Engagement
                                        Pendekatan Keterlibatan Pemangku Kepentingan
                             2-29                                                                                 9
                                        Approach to Stakeholder Engagement




 266      Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
Page 269
                                                                       Keterbukaan
                                                                       Transparency

                              No.                                                                                           Halaman
     GRI - Standard
                            Indeks                                               Judul                                       Page
                             Index                                               Title
                              No.

                                        Perjanjian Kerja Bersama
                            2-30                                                                                                 247
                                        Collective Bargaining Agreements
Topik Material
Material Topics
                                        Proses untuk Menentukan Topik Material
GRI 3:                      3-1                                                                                                   8
                                        Process for Determining Material Topics
Topik Material 2021
Material Topics 2021                    Daftar Topik Material
                            3-2                                                                                                   8
                                        List of Material Topics
Topik Ekonomi
Economic Topic
                            201 Kinerja Ekonomi
GRI 3:                      201 Economic Performance
Topik Material 2021
Material Topics 2021                    Manajemen Topik Material
                            3-3                                                                                                  221
                                        Management of Material Topics
GRI 201:
                                        Nilai Ekonomi Langsung yang Dihasilkan dan Didistribusikan
Kinerja Ekonomi 2016        201-1                                                                                                221
                                        Direct Economic Value Generated and Distributed
Economic Performance 2016
                            205 Anti-Korupsi
GRI 3:                      205 Anti-Corruption
Topik Material 2021
Material Topics 2021                    Manajemen Topik Material
                            3-3                                                                                             208-209
                                        Management of Material Topics
                                        Operasi-Operasi yang Dinilai Memiliki Risiko terkait Korupsi
                            205-1                                                                                                209
                                        Operations Assessed for Risks related to Corruption
GRI 205:
                                        Komunikasi dan Pelatihan Tentang Kebijakan dan Prosedur Anti-Korupsi
Anti-Korupsi 2016           205-2                                                                                                209
                                        Communication and Training on Anti-Corruption Policies and Procedures
Anti-Corruption 2016
                                        Insiden Korupsi yang Terbukti dan Tindakan yang Diambil
                            205-3                                                                                                210
                                        Confirmed Incidents of Corruption and Actions Taken
                            207 Pajak
GRI 3:                      207 Tax
Topik Material 2021
Material Topics 2021                    Manajemen Topik Material
                            3-3                                                                                                  223
                                        Management of Material Topics
                                        Tata Kelola, Pengontrolan, dan Manajemen Risiko Pajak
                            207-2                                                                                                223
                                        Governance, Control, and Management of Tax Risks
GRI 207:                                Keterlibatan Pemangku Kepentingan dan Pengelolaan Kepedulian yang Berkaitan
Pajak 2019                  207-3       dengan Pajak                                                                             223
Tax 2019                                Stakeholder Engagement and Management of Tax-Related Concerns
                                        Laporan Per Negara
                            207-4                                                                                                224
                                        Country-by-Country Reporting
Topik Lingkungan
Environmental Topic

GRI 3:                      301 Material
Topik Material 2021                     Manajemen Topik Material
Material Topics 2021        3-3                                                                                                  226
                                        Management of Material Topics
                                        Material yang Digunakan berdasarkan Berat dan Volume
                            301-1                                                                                                227
GRI 301:                                Materials Used by Weight and Volume
Material 2016                           Material Input dari Daur Ulang yang Digunakan
                            301-2                                                                                                227
                                        Recycled Input Materials Used
                            302 Energi
GRI 3:                      302 Energy
Topik Material 2021
Material Topics 2021                    Manajemen Topik Material
                            3-3                                                                                                  227
                                        Management of Material Topics




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                                                                   Keterbukaan
                                                                   Transparency

                               No.                                                                        Halaman
       GRI - Standard
                             Indeks                                           Judul                        Page
                              Index                                           Title
                               No.

                                       Konsumsi Energi dalam Organisasi
                             302-1                                                                          228
                                       Energy Consumption within the Organization
GRI 302:
Energi 2016                            Intensitas Energi
                             302-3                                                                          228
Energy 2016                            Energy Intensity
                                       Pengurangan Konsumsi Energi
                             302-4                                                                          228
                                       Reduction of Energy Consumption
                             303 Air dan Efluen
GRI 3:                       303 Water and Effluents
Topik Material 2021
Material Topics 2021                   Manajemen Topik Material
                             3-3                                                                            231
                                       Management of Material Topics
GRI 303:
                                       Pengambilan Air
Air dan Efluen 2018          303-3                                                                          231
                                       Water Withdrawal
Water and Effluents 2018
                             305 Emisi
GRI 3:                       305 Emission
Topik Material 2021
Material Topics 2021                   Manajemen Topik Material
                             3-3                                                                            229
                                       Management of Material Topics
                                       Emisi GRK (Cakupan 1) Langsung
                             305-1                                                                          229
                                       Direct GHG Emissions (Scope 1)
                                       Emisi GRK (Cakupan 2) Tidak Langsung
GRI 305:                     305-2                                                                          230
                                       Indirect GHG Emissions (Scope 2)
Emisi 2016
Emission 2016                          Intensitas Emisi GRK
                             305-4                                                                          230
                                       GHG Emissions Intensity
                                       Pengurangan Emisi GRK
                             305-5                                                                          230
                                       GHG Emissions Reduction
                             306 Limbah
GRI 3:                       306 Waste
Topik Material 2021
Material Topics 2021                   Manajemen Topik Material
                             3-3                                                                            232
                                       Management of Material Topics
                                       Timbulan Limbah dan Dampak-Dampak yang Signifikan terkait Limbah
                             306-1                                                                          232
                                       Waste Generated and Significant Waste-Related Impacts
GRI 306:
                                       Manajemen Dampak yang Signifikan terkait Limbah
Limbah 2020                  306-2                                                                          232
                                       Management of Significant Waste-Related Impacts
Waste 2020
                                       Timbulan Limbah
                             306-3                                                                          233
                                       Waste Generated
                             308 Penilaian Lingkungan Pemasok
GRI 3:                       308 Supplier Environmental Assessment
Topik Material 2021
Material Topics 2021                   Manajemen Topik Material
                             3-3                                                                            256
                                       Management of Material Topics
GRI 308:
Penilaian Lingkungan
Pemasok 2016                           Seleksi Pemasok Baru dengan Menggunakan Kriteria Lingkungan
                             308-1                                                                          256
                                       Selection of New Suppliers Using Environmental Criteria
Supplier Environmental
Assessment 2016
Topik Sosial
Social Topic
                             401 Kepegawaian
GRI 3:                       401 Employment
Topik Material 2021
Material Topics 2021                   Manajemen Topik Material
                             3-3                                                                            239
                                       Management of Material Topics




 268      Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
Page 271
                                                                        Keterbukaan
                                                                        Transparency

                                 No.                                                                                              Halaman
      GRI - Standard
                               Indeks                                            Judul                                             Page
                                Index                                            Title
                                 No.

                                         Perekrutan Karyawan Baru dan Pergantian Karyawan
                               401-1                                                                                                   243
                                         Recruitment of New Employees and Employee Turnover
                                         Tunjangan yang Diberikan kepada Karyawan Purnawaktu yang Tidak Diberikan
GRI 401:                                 kepada Karyawan pada Kurun Waktu Tertentu atau Paruh Waktu
Kepegawaian 2016               401-2                                                                                                   245
Employment 2016                          Benefits Provided to Full-Time Employees Not Provided to Employees on Fixed-Term or
                                         Part-Time Contracts
                                         Cuti Melahirkan
                               401-3                                                                                                   245
                                         Parental Leave
                               403 Keselamatan & Kesehatan Kerja
GRI 3:                         403 Occupational Health & Safety
Topik Material 2021
Material Topics 2021                     Manajemen Topik Material
                               3-3                                                                                                     248
                                         Management of Material Topics
                                         Sistem Manajemen Keselamatan dan Kesehatan Kerja
                               403-1                                                                                                   248
                                         Occupational Health and Safety Management System
                                         Pengidentifikasian Bahaya, Penilaian Risiko, dan Investigasi Insiden
                               403-2                                                                                                   248
                                         Hazard Identification, Risk Assessment, and Incident Investigation
                                         Layanan Kesehatan Kerja
                               403-3                                                                                                   249
                                         Occupational Health Services
                                         Partisipasi, Konsultasi, dan Komunikasi Pekerja tentang Keselamatan dan Kesehatan
                                         Kerja
                               403-4                                                                                                   249
                                         Worker Participation, Consultation, and Communication on Occupational Health and
GRI 403:                                 Safety
Keselamatan &
                                         Pelatihan bagi Pekerja Mengenai Keselamatan dan Kesehatan Kerja
Kesehatan Kerja 2018           403-5                                                                                                   249
                                         Training for Workers on Occupational Health and Safety
Occupational Health & Safety
2018                                     Peningkatan Kualitas Kesehatan Pekerja
                               403-6                                                                                                   250
                                         Employee Health Improvement
                                         Pencegahan dan Mitigasi Dampak Keselamatan dan Kesehatan Kerja yang Secara
                                         Langsung terkait Hubungan Bisnis
                               403-7                                                                                                   249
                                         Prevention and Mitigation of Occupational Health and Safety Impacts Directly Linked to
                                         Business Relationships
                                         Pekerja yang Tercakup dalam Sistem Manajemen Keselamatan dan Kesehatan Kerja
                               403-8                                                                                                   248
                                         Workers Covered by the Occupational Health and Safety Management System
                                         Kecelakaan Kerja
                               403-9                                                                                                   250
                                         Work-Related Injuries
                               404 Pelatihan dan Pendidikan
GRI 3:                         404 Training and Education
Topik Material 2021
Material Topics 2021                     Manajemen Topik Material
                               3-3                                                                                                     110
                                         Management of Material Topics
GRI 404:                                 Rata-Rata Jam Pelatihan per Tahun per Karyawan
                               404-1                                                                                                   110
Pelatihan dan                            Average Training Hours per Year per Employee
Pendidikan 2016
Training and Education 2016              Program untuk Meningkatkan Keterampilan Karyawan dan Program Bantuan Peralihan
                               404-2                                                                                                   110
                                         Employee Skill Development and Career Transition Assistance Programs

                               405 Keanekaragaman dan Peluang Setara
GRI 3:                         405 Diversity and Equal Opportunity
Topik Material 2021
Material Topics 2021                     Manajemen Topik Material
                               3-3                                                                                                     242
                                         Management of Material Topics

GRI 405: Keanekaragaman                  Keanekaragaman Badan Tata Kelola dan Karyawan
                               405-1                                                                                                   242
dan Peluang Setara 2016                  Diversity of Governance Organs and Employees
Diversity and Equal                      Rasio Gaji Pokok dan Remunerasi Perempuan Dibandingkan Laki-Laki
Opportunity 2016               405-2                                                                                                   244
                                         Ratio of Female to Male Basic Salary and Remuneration




                                                                                                                PT Pyridam Farma Tbk         269
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                                                                      Transparency

                               No.                                                                                                Halaman
       GRI - Standard
                             Indeks                                             Judul                                              Page
                              Index                                             Title
                               No.

                             406 Non-Diskriminasi
GRI 3:                       406 Non-Discrimination
Topik Material 2021
Material Topics 2021                   Manajemen Topik Material
                             3-3                                                                                                    246
                                       Management of Material Topics
GRI 406:
                                       Insiden Diskriminasi dan Tindakan Perbaikan yang Dilakukan
Non-Diskriminasi 2016        406-1                                                                                                  246
                                       Incidents of Discrimination and Remedial Actions Taken
Non-Discrimination 2016
                             408 Pekerja Anak
GRI 3:                       408 Child Labor
Topik Material 2021
Material Topics 2021                   Manajemen Topik Material
                             3-3                                                                                                    243
                                       Management of Material Topics
GRI 408: Pekerja Anak 2016             Operasi dan Pemasok yang Berisiko Signifikan terhadap Insiden Pekerja Anak
                             408-1                                                                                                  243
Child Labor 2016                       Operations and Suppliers at Significant Risk for Child Labor Incidents
                             409 Kerja Paksa atau Wajib Kerja
GRI 3:                       409 Forced or Compulsory Labor
Topik Material 2021
Material Topics 2021                   Manajemen Topik Material
                             3-3                                                                                                    243
                                       Management of Material Topics
GRI 409:                               Operasi dan Pemasok yang Berisiko Signifikan terhadap Insiden Kerja Paksa atau
Kerja Paksa atau Wajib                 Wajib Kerja
                             409-1                                                                                                  243
Kerja 2016
Forced or Compulsory Labor             Operations and Suppliers at Significant Risk for Incidents of Forced or Compulsory Labor

                             413 Masyarakat Lokal
GRI 3:                       413 Local Community
Topik Material 2021
Material Topics 2021                   Manajemen Topik Material
                             3-3                                                                                                    251
                                       Management of Material Topics
                                       Operasi dengan Keterlibatan Masyarakat Lokal, Penilaian Dampak, dan Program
                                       Pengembangan
                             413-1                                                                                                  251
GRI 413:                               Operations with Local Community Engagement, Impact Assessments, and Development
Masyarakat Lokal 2016                  Programs
Local Community 2016                   Operasi yang Secara Aktual dan yang Berpotensi Memiliki Dampak Negatif Signifikan
                             413-2     terhadap Masyarakat Setempat                                                                 250
                                       Operations with Actual and Potential Significant Negative Impacts on Local Communities
                             414 Penilaian Sosial Pemasok
GRI 3:                       414 Supplier Social Assessment
Topik Material 2021
Material Topics 2021                   Manajemen Topik Material
                             3-3                                                                                                    256
                                       Management of Material Topics
GRI 414:
Penilaian Sosial Pemasok
                                       Seleksi Pemasok Baru dengan Menggunakan Kriteria Sosial
2016                         414-1                                                                                                  256
                                       Selection of New Suppliers Using Social Criteria
Supplier Social Assessment
2016
                             416 Kesehatan dan Keselamatan Pelanggan
                             416 Customer Health and Safety
GRI 416: Kesehatan dan
Keselamatan Pelanggan                  Manajemen Topik Material
                             3-3                                                                                                    253
2016                                   Management of Material Topics
Customer Health and Safety             Penilaian Dampak Kesehatan dan Keselamatan dari Berbagai Kategori Produk dan Jasa
2016                         416-1                                                                                                  253
                                       Assessment of Health and Safety Impacts across Various Categories of Products and
                                       Services




 270      Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
Page 273
Tanggung Jawab Laporan Tahunan dan Laporan
Keberlanjutan [POJK G.2]
Responsibility for the Annual Report and Sustainability Report

                           Pernyataan Dewan Komisaris dan Direksi
         tentang Tanggung Jawab atas Laporan Tahunan dan Laporan Keberlanjutan 2025
                                   PT Pyridam Farma Tbk
            Responsibility Statement of the Board of Commissioners and the Board of Directors
                            for 2025 Annual Report and Sustainability Report of
                                          PT Pyridam Farma Tbk

Kami yang bertanda tangan di bawah ini menyatakan bahwa semua      We, the undersigned, hereby declare that all information in
informasi dalam Laporan Tahunan dan Laporan Keberlanjutan          the 2025 Annual Report and Sustainability Report of
PT Pyridam Farma Tbk Tahun 2025 telah dimuat secara lengkap        PT Pyridam Farma Tbk has been presented in its entirety
dan bertanggung jawab penuh atas kebenaran isi Laporan             and that we assume full responsibility for the accuracy of
Tahunan dan Laporan Keberlanjutan.                                 its content.

Demikian pernyataan ini dibuat dengan sebenarnya.                  This statement was made in all trueness.

                                                       Jakarta, April 2026


                                                       Dewan Komisaris
                                                    Board of Commissioners




                                                       Robby Yulianto
                                                        Komisaris Utama
                                                     President Commissioner




      Widjanarko Brotosaputro                       Charles D. Marpaung                    Maura Linda Sitanggang
                Komisaris                              Komisaris Independen                     Komisaris Independen
              Commissioner                          Independent Commissioner                 Independent Commissioner

                                                            Direksi
                                                       Board of Directors




                                                        Lee Yan Gwan
                                                         Direktur Utama
                                                        President Director
           Yenfrino Gunadi                                                                       Bedjo Stefanus
                 Direktur                                                                              Direktur
                 Director                                                                              Director




         Antes Eko Prasetio                                                                   Sinta Lestari Ningsih
                 Direktur                                                                              Direktur
                 Director                                                                              Director




                                                                                                PT Pyridam Farma Tbk    271
Page 274
07                                                        Laporan Keuangan
                                                                               Financial Statements



272   Laporan Tahunan dan Keberlanjutan 2025 Annual and Sustainabilty Report
Page 275
PT Pyridam Farma Tbk
dan entitas anaknya/and its subsidiaries

Laporan keuangan konsolidasian
tanggal 31 Desember 2025
dan untuk tahun yang berakhir pada tanggal tersebut
beserta laporan auditor independen/
Consolidated financial statements
as of December 31, 2025
and for the year then ended
with independent auditor’s report
Page 276
                                                                                    The original consolidated financial statements included herein
                                                                                                                      are in Indonesian language.

             PT PYRIDAM FARMA TBK                                                               PT PYRIDAM FARMA TBK
             DAN ENTITAS ANAKNYA                                                                 AND ITS SUBSIDIARIES
       LAPORAN KEUANGAN KONSOLIDASIAN                                                   CONSOLIDATED FINANCIAL STATEMENTS
           TANGGAL 31 DESEMBER 2025                                                            AS OF DECEMBER 31, 2025
        DAN UNTUK TAHUN YANG BERAKHIR                                                      AND FOR THE YEAR THEN ENDED
            PADA TANGGAL TERSEBUT                                                       WITH INDEPENDENT AUDITOR’S REPORT
      BESERTA LAPORAN AUDITOR INDEPENDEN


                               Daftar Isi                                                               Table of Contents

                                                                         Halaman/
                                                                          Page

Surat Pernyataan Direksi                                                                                                  Directors’ Statement

Laporan Auditor Independen ...........................................     i-x   ...................................... Independent Auditor’s Report

Laporan Posisi Keuangan Konsolidasian.........................            1-3    ..............Consolidated Statement of Financial Position

Laporan Laba Rugi dan Penghasilan ...............................               .................... Consolidated Statement of Profit or Loss
  Komprehensif Lain Konsolidasian ................................        4 - 5 …………………..and Other Comprehensive Income

Laporan Perubahan Ekuitas Konsolidasian .....................              6     .............Consolidated Statement of Changes in Equity

Laporan Arus Kas Konsolidasian .....................................      7-8    ....................... Consolidated Statement of Cash Flows

Catatan atas Laporan Keuangan Konsolidasian .............. 9 - 108 ......... Notes to the Consolidated Financial Statements


                                                             ************************
Page 277

          
Page 278
                                                                                   The original report included herein is in
                                                                                                  the Indonesian language.

Laporan Auditor Independen                                      Independent Auditor’s Report

Laporan No.                    00432/2.1505/AU.1/05/1810-       Report    No.     00432/2.1505/AU.1/05/1810-
2/1/III/2026                                                    2/1/III/2026


Pemegang Saham, Dewan Komisaris, dan Direksi                    The   Shareholders   and    the            Boards        of
                                                                Commissioners and Directors
PT Pyridam Farma Tbk                                            PT Pyridam Farma Tbk

Opini                                                           Opinion

Kami telah mengaudit laporan keuangan                           We have audited the accompanying consolidated
konsolidasian      PT    Pyridam    Farma     Tbk               financial statements of PT Pyridam Farma Tbk (the
(“Perusahaan”) dan entitas anaknya (secara                      “Company”) and its subsidiaries (collectively
kolektif disebut sebagai “Grup”) terlampir, yang                referred to as the “Group”), which comprise the
terdiri dari laporan posisi keuangan konsolidasian              consolidated statement of financial position as of
tanggal 31 Desember 2025, serta laporan laba rugi               December 31, 2025, and the consolidated
dan penghasilan komprehensif lain konsolidasian,                statement of profit or loss and other
laporan perubahan ekuitas konsolidasian, dan                    comprehensive income, consolidated statement of
laporan arus kas konsolidasian untuk tahun yang                 changes in equity, and consolidated statement of
berakhir pada tanggal tersebut, serta catatan atas              cash flows for the year then ended, and notes to
laporan keuangan konsolidasian, termasuk                        the consolidated financial statements, including
informasi kebijakan akuntansi material.                         material accounting policy information.

Menurut     opini    kami,   laporan    keuangan                In our opinion, the accompanying consolidated
konsolidasian terlampir menyajikan secara wajar,                financial statements present fairly, in all material
dalam semua hal yang material, posisi keuangan                  respects, the consolidated financial position of the
konsolidasian Grup tanggal 31 Desember 2025,                    Group as of December 31, 2025, and its
serta    kinerja   keuangan     dan   arus    kas               consolidated financial performance and cash flows
konsolidasiannya untuk tahun yang berakhir pada                 for the year then ended, in accordance with
tanggal tersebut, sesuai dengan Standar Akuntansi               Indonesian Financial Accounting Standards.
Keuangan di Indonesia.




KAP Purwanto Susanti dan Surja
Registered Public Accountants KMK No. 69/MK/SK/2025         i
A member firm of Ernst & Young Global Limited
Page 279
                                                                             The original report included herein is in
                                                                                            the Indonesian language.

Laporan Auditor Independen (lanjutan)                    Independent Auditor’s Report (continued)

Laporan No.       00432/2.1505/AU.1/05/1810-             Report    No.     00432/2.1505/AU.1/05/1810-
2/1/III/2026 (lanjutan)                                  2/1/III/2026 (continued)

Basis opini                                              Basis for opinion

Kami melaksanakan audit kami berdasarkan                 We conducted our audit in accordance with
Standar Audit yang ditetapkan oleh Institut              Standards on Auditing established by the
Akuntan Publik Indonesia (“IAPI”). Tanggung jawab        Indonesian Institute of Certified Public Accountants
kami menurut standar tersebut diuraikan lebih            (“IICPA”). Our responsibilities under those
lanjut dalam paragraf Tanggung Jawab Auditor             standards are further described in the Auditor’s
terhadap     Audit   atas    Laporan    Keuangan         Responsibilities for the Audit of the Consolidated
Konsolidasian pada laporan kami. Kami independen         Financial Statements paragraph of our report. We
terhadap Grup berdasarkan ketentuan etika yang           are independent of the Group in accordance with
relevan dalam audit kami atas laporan keuangan           the ethical requirements relevant to our audit of
konsolidasian di Indonesia, dan kami telah               the consolidated financial statements in Indonesia,
memenuhi tanggung jawab etika lainnya                    and we have fulfilled our other ethical
berdasarkan ketentuan tersebut. Kami yakin               responsibilities   in    accordance      with   such
bahwa bukti audit yang telah kami peroleh adalah         requirements. We believe that the audit evidence
cukup dan tepat untuk menyediakan suatu basis            we have obtained is sufficient and appropriate to
bagi opini kami.                                         provide a basis for our opinion.

Hal audit utama                                          Key audit matters

Hal audit utama adalah hal-hal yang, menurut             Key audit matters are those matters that, in our
pertimbangan profesional kami, merupakan hal             professional judgment, were of most significance in
yang paling signifikan dalam audit kami atas             our audit of the consolidated financial statements
laporan keuangan konsolidasian periode kini. Hal         of the current period. Such key audit matters were
audit utama tersebut disampaikan dalam konteks           addressed in the context of our audit of the
audit kami atas laporan keuangan konsolidasian           consolidated financial statements taken as a whole,
secara keseluruhan, dan dalam merumuskan opini           and in forming our opinion thereon, and we do not
kami atas laporan keuangan konsolidasian terkait,        provide a separate opinion on such key audit
dan kami tidak menyatakan suatu opini terpisah           matters. For the key audit matter below, our
atas hal audit utama tersebut. Untuk hal audit           description of how our audit addressed such key
utama di bawah ini, penjelasan kami tentang              audit matter is provided in such context.
bagaimana audit kami merespons hal tersebut
disampaikan dalam konteks tersebut.

Kami telah memenuhi tanggung jawab yang                  We have fulfilled the responsibilities described in
diuraikan dalam paragraf Tanggung Jawab Auditor          the Auditor’s Responsibilities for the Audit of the
terhadap     Audit   atas   Laporan     Keuangan         Consolidated Financial Statements paragraph of
Konsolidasian pada laporan kami, termasuk                our report, including in relation to the key audit
sehubungan dengan hal audit utama yang                   matter communicated below. Accordingly, our
dikomunikasikan di bawah ini. Oleh karena itu,           audit included the performance of procedures
audit kami mencakup pelaksanaan prosedur yang            designed to respond to our assessment of the risks
didesain untuk merespons penilaian kami atas             of material misstatement of the accompanying
risiko kesalahan penyajian material dalam laporan        consolidated financial statements. The results of
keuangan konsolidasian terlampir. Hasil prosedur         our audit procedures, including the procedures
audit kami, termasuk prosedur yang dilakukan             performed to address the key audit matter below,
untuk merespons hal audit utama di bawah ini,            provide the basis for our opinion on the
menyediakan basis bagi opini kami atas laporan           accompanying consolidated financial statements.
keuangan konsolidasian terlampir.


                                                    ii
A member firm of Ernst & Young Global Limited
Page 280
                                                                                The original report included herein is in
                                                                                               the Indonesian language.



Laporan Auditor Independen (lanjutan)                       Independent Auditor’s Report (continued)

Laporan No.       00432/2.1505/AU.1/05/1810-                Report    No.     00432/2.1505/AU.1/05/1810-
2/1/III/2026 (lanjutan)                                     2/1/III/2026 (continued)


Hal audit utama (lanjutan)                                  Key audit matters (continued)

Uji penurunan nilai goodwill                                Impairment test of goodwill

Penjelasan atas hal audit utama:                            Description of the key audit matter:

Sebagaimana yang dijelaskan pada Catatan 2l dan             As described in Notes 2l and 12 to the
12 atas laporan keuangan konsolidasian terlampir,           accompanying consolidated financial statements,
goodwill dari beberapa entitas anak diuji                   goodwill arising from several subsidiaries are to be
penurunan nilainya setiap tahun dan ketika                  tested for impairment annually and when
terdapat indikasi bahwa nilai tercatatnya mungkin           circumstances indicate that the carrying value
mengalami penurunan nilai. Uji penurunan nilai              may be impaired. Such impairment test of goodwill
goodwill ini adalah hal audit utama bagi audit kami         is a key audit matter to us because goodwill
karena saldo goodwill sebesar Rp1,89 triliun (yang          balance of Rp1.89 trillion (which represents
mewakili 27,88% dari total aset konsolidasian               27.88% of the Group’s consolidated total assets)
grup) adalah material bagi laporan keuangan                 are material to the consolidated financial
konsolidasian dan estimasi jumlah terpulihkan unit          statements and estimation of the recoverable
penghasil kas (“UPK”) yang kedalamnya goodwill              amount of the cash generating unit (“CGU") into
tersebut dialokasikan memerlukan pertimbangan               which the goodwill were allocated required
dan estimasi signifikan manajemen, seperti seleksi          significant management judgment and estimation,
entitas pembanding, estimasi proyeksi arus kas              such as selecting comparable entities, estimating
masa depan yang            menggunakan      asumsi          future cash flow projection using key operational
operasional utama seperti tingkat pertumbuhan               assumptions such as revenue growth rate,
pendapatan, proyeksi pendapatan dan biaya                   forecast revenues and operating costs, and
operasional,      serta      penentuan      asumsi          setting key macroeconomic assumptions, such as
makroekonomi utama seperti tingkat pertumbuhan              long-term growth rate after the forecast period,
jangka panjang setelah periode cakupan proyeksi,            and discount rate. Management performed the
dan tingkat diskonto. Manajemen melakukan uji               impairment test by comparing the recoverable
penurunan nilai dengan membandingkan nilai                  amount of the CGU with its carrying amount.
terpulihkan UPK tersebut dengan nilai tercatatnya.




                                                      iii
A member firm of Ernst & Young Global Limited
Page 281
                                                                            The original report included herein is in
                                                                                           the Indonesian language.

Laporan Auditor Independen (lanjutan)                   Independent Auditor’s Report (continued)

Laporan No.       00432/2.1505/AU.1/05/1810-            Report    No.     00432/2.1505/AU.1/05/1810-
2/1/III/2026 (lanjutan)                                 2/1/III/2026 (continued)


Hal audit utama (lanjutan)                              Key audit matters (continued)

Uji penurunan nilai goodwill (lanjutan)                 Impairment test of goodwill (continued)

Respons audit:                                          Audit response:

Kami memeroleh pemahaman dan mengevaluasi               We gained an understanding of and evaluated the
rancangan pengendalian utama atas proses uji            design of the key controls over the goodwill
penurunan nilai goodwill. Kami mengevaluasi             impairment assessment process. We evaluated
laporan dari pakar manajemen atas uji penurunan         the management expert’s report on the
nilai, termasuk kompetensi, kapabilitas dan             impairment       assessment,      including    the
objektivitas dari pakar tersebut.            Kami       competence, capability, and objectivity of the
mengevaluasi kelayakan asumsi utama dengan              management expert.          We     evaluated the
mengidentifikasi entitas pembanding, menganalisa        reasonableness of the key assumptions by
kemiripan entitas pembanding dengan bisnis dari         identifying comparable entities, analyzing the
UPK, serta membandingkan asumsi operasional             similarities between their businesses and that of
utama ke sumber data yang dapat diakses publik          the CGU, and comparing key operational
dan data dan catatan keuangan Grup. Kami                assumptions with publicly available data sources
mengevaluasi asumsi makroekonomi utama,                 as well as the Group's financial data and records.
termasuk metodologi dan model keuangan yang             We     evaluated     the    key    macroeconomic
digunakan, dengan dibantu oleh pakar auditor            assumptions, including the methodologies and
kami. Kami menguji akurasi matematis model              financial models used, with assistance from our
keuangan yang digunakan oleh manajemen. Kami            auditor’s expert. We tested the mathematical
mengevaluasi konsistensi antara pos-pos yang            accuracy of the financial model used by the
tercakup dalam nilai tercatat dari UPK dengan nilai     management. We evaluated the consistency
terpulihkannya.    Kami      juga    mengevaluasi       between the items included in the CGU’s carrying
kecukupan pengungkapan terkait goodwill pada            amount and its recoverable amount. We also
catatan atas laporan keuangan konsolidasian             evaluated the adequacy of the disclosures related
terlampir.                                              to goodwill in the notes to the accompanying
                                                        consolidated financial statements.

Informasi lain                                          Other information

Manajemen bertanggung jawab atas informasi              Management is responsible for the other
lain. Informasi lain terdiri dari informasi yang        information. Other information comprises the
tercantum dalam Laporan Tahunan 2025                    information included in the 2025 Annual Report
(“Laporan Tahunan”) selain laporan keuangan             (the “Annual Report”) other than the
konsolidasian terlampir dan laporan auditor             accompanying consolidated financial statements
independen kami. Laporan Tahunan diharapkan             and our independent auditor’s report thereon.
akan tersedia bagi kami setelah tanggal laporan         The Annual Report is expected to be made
auditor independen ini.                                 available to us after the date of this independent
                                                        auditor’s report.




                                                   iv
A member firm of Ernst & Young Global Limited
Page 282
                                                                           The original report included herein is in
                                                                                          the Indonesian language.



Laporan Auditor Independen (lanjutan)                   Independent Auditor’s Report (continued)

Laporan No.       00432/2.1505/AU.1/05/1810-            Report    No.     00432/2.1505/AU.1/05/1810-
2/1/III/2026 (lanjutan)                                 2/1/III/2026 (continued)

Informasi lain (lanjutan)                               Other information (continued)

Opini kami atas laporan keuangan konsolidasian          Our opinion on the accompanying consolidated
terlampir tidak mencakup Laporan Tahunan, dan           financial statements does not cover the Annual
oleh karena itu, kami tidak menyatakan bentuk           Report, and accordingly, we do not express any
keyakinan apapun atas Laporan Tahunan                   form of assurance on the Annual Report.
tersebut.

Sehubungan dengan audit kami atas laporan               In connection with our audit of the accompanying
keuangan konsolidasian terlampir, tanggung              consolidated       financial    statements,    our
jawab kami adalah untuk membaca Laporan                 responsibility is to read the Annual Report when it
Tahunan     ketika     tersedia     dan,  dalam         becomes available and, in doing so, consider
melaksanakannya, mempertimbangkan apakah                whether the Annual Report is materially
Laporan           Tahunan            mengandung         inconsistent with the accompanying consolidated
ketidakkonsistensian material dengan laporan            financial statements or our knowledge obtained in
keuangan      konsolidasian     terlampir  atau         the audit, or otherwise appears to be materially
pemahaman yang kami peroleh selama audit, atau          misstated.
mengandung kesalahan penyajian material.

Ketika kami membaca Laporan Tahunan, jika kami          When we read the Annual Report, if we conclude
menyimpulkan bahwa terdapat suatu kesalahan             that there is a material misstatement therein, we
penyajian material di dalamnya, kami diharuskan         are required to communicate the matter to those
untuk mengomunikasikan hal tersebut kepada              charged with governance and take appropriate
pihak yang bertanggung jawab atas tata kelola dan       actions based on the applicable laws and
melakukan tindakan yang tepat berdasarkan               regulations.
peraturan perundang-undangan yang berlaku.

Tanggung jawab manajemen dan pihak yang                 Responsibilities of management and those
bertanggung jawab atas tata kelola terhadap             charged with governance for the consolidated
laporan keuangan konsolidasian                          financial statements

Manajemen bertanggung jawab atas penyusunan             Management is responsible for the preparation and
dan    penyajian   wajar   laporan   keuangan           fair presentation of the consolidated financial
konsolidasian tersebut sesuai dengan Standar            statements in accordance with Indonesian Financial
Akuntansi Keuangan di Indonesia, dan atas               Accounting Standards, and for such internal
pengendalian internal yang dianggap perlu oleh          control as management determines is necessary to
manajemen untuk memungkinkan penyusunan                 enable the preparation of consolidated financial
laporan keuangan konsolidasian yang bebas dari          statements that are free from material
kesalahan penyajian material, baik yang                 misstatement, whether due to fraud or error.
disebabkan oleh kecurangan maupun kesalahan.




                                                    v
A member firm of Ernst & Young Global Limited
Page 283
                                                                         The original report included herein is in
                                                                                        the Indonesian language.

Laporan Auditor Independen (lanjutan)                 Independent Auditor’s Report (continued)

Laporan No.       00432/2.1505/AU.1/05/1810-          Report    No.     00432/2.1505/AU.1/05/1810-
2/1/III/2026 (lanjutan)                               2/1/III/2026 (continued)

Tanggung jawab manajemen dan pihak yang               Responsibilities of management and those
bertanggung jawab atas tata kelola terhadap           charged with governance for the consolidated
laporan keuangan konsolidasian (lanjutan)             financial statements (continued)

Dalam      penyusunan      laporan     keuangan       In preparing the consolidated financial statements,
konsolidasian, manajemen bertanggung jawab            management is responsible for assessing the
untuk    menilai   kemampuan       Grup    dalam      Group’s ability to continue as a going concern,
mempertahankan       kelangsungan      usahanya,      disclosing, as applicable, matters related to going
mengungkapkan, sesuai dengan kondisinya, hal-         concern, and using the going concern basis of
hal yang berkaitan dengan kelangsungan usaha,         accounting, unless management either intends to
dan menggunakan basis akuntansi kelangsungan          liquidate the Group or to cease its operations or has
usaha, kecuali manajemen memiliki intensi untuk       no realistic alternative but to do so.
melikuidasi Grup atau menghentikan operasi atau
tidak memiliki alternatif yang realistis selain
melaksanakannya.

Pihak yang bertanggung jawab atas tata kelola         Those charged with governance are responsible for
bertanggung jawab untuk mengawasi proses              overseeing the Group’s financial reporting process.
pelaporan keuangan Grup.

Tanggung jawab auditor terhadap audit atas            Auditor’s responsibilities for the audit of the
laporan keuangan konsolidasian                        consolidated financial statements

Tujuan kami adalah untuk memeroleh keyakinan          Our objectives are to obtain reasonable assurance
memadai tentang apakah laporan keuangan               about whether the consolidated financial
konsolidasian secara keseluruhan bebas dari           statements taken as a whole are free from material
kesalahan penyajian material, baik yang               misstatement, whether due to fraud or error, and to
disebabkan oleh kecurangan maupun kesalahan,          issue an independent auditor’s report that includes
dan     untuk    menerbitkan    laporan    auditor    our opinion. Reasonable assurance is a high level of
independen yang mencakup opini kami. Keyakinan        assurance, but is not a guarantee that an audit
memadai merupakan suatu tingkat keyakinan             conducted in accordance with Standards on
tinggi, namun bukan merupakan suatu jaminan           Auditing established by the IICPA will always detect
bahwa audit yang dilaksanakan berdasarkan             a material misstatement when it exists.
Standar Audit yang ditetapkan oleh IAPI akan          Misstatements can arise from fraud or error and are
selalu mendeteksi kesalahan penyajian material        considered material if, individually or in the
ketika hal tersebut ada. Kesalahan penyajian dapat    aggregate, they could reasonably be expected to
disebabkan oleh kecurangan maupun kesalahan           influence the economic decisions of users taken on
dan dianggap material jika, baik secara individual    the basis of these consolidated financial
maupun agregat, dapat diekspektasikan secara          statements.
wajar akan memengaruhi keputusan ekonomi yang
diambil oleh pengguna berdasarkan laporan
keuangan konsolidasian tersebut.




                                                 vi
A member firm of Ernst & Young Global Limited
Page 284
                                                                            The original report included herein is in
                                                                                           the Indonesian language.

Laporan Auditor Independen (lanjutan)                     Independent Auditor’s Report (continued)

Laporan No.       00432/2.1505/AU.1/05/1810-              Report    No.     00432/2.1505/AU.1/05/1810-
2/1/III/2026 (lanjutan)                                   2/1/III/2026 (continued)


Tanggung jawab auditor terhadap audit atas                Auditor’s responsibilities for the audit of the
laporan keuangan konsolidasian (lanjutan)                 consolidated financial statements (continued)

Sebagai bagian dari suatu audit berdasarkan               As part of an audit in accordance with Standards
Standar Audit yang ditetapkan oleh IAPI, kami             on Auditing established by the IICPA, we exercise
menerapkan pertimbangan profesional dan                   professional judgment and maintain professional
mempertahankan skeptisisme profesional selama             skepticism throughout the audit. We also:
audit. Kami juga:

        Mengidentifikasi dan menilai risiko kesalahan        Identify and assess the risks of material
        penyajian material dalam laporan keuangan            misstatement of the consolidated financial
        konsolidasian, baik yang disebabkan oleh             statements, whether due to fraud or error,
        kecurangan maupun kesalahan, mendesain               design and perform audit procedures
        dan melaksanakan prosedur audit yang                 responsive to such risks, and obtain audit
        responsif terhadap risiko tersebut, serta            evidence that is sufficient and appropriate to
        memeroleh bukti audit yang cukup dan tepat           provide a basis for our opinion. The risk of not
        untuk menyediakan basis bagi opini kami.             detecting a material misstatement resulting
        Risiko tidak terdeteksinya suatu kesalahan           from fraud is higher than for one resulting from
        penyajian material yang disebabkan oleh              error, as fraud may involve collusion, forgery,
        kecurangan lebih tinggi dari yang disebabkan         intentional omissions, misrepresentations, or
        oleh kesalahan, karena kecurangan dapat              override of internal control.
        melibatkan kolusi, pemalsuan, penghilangan
        secara sengaja, pernyataan salah, atau
        pengabaian atas pengendalian internal.

         Memeroleh suatu pemahaman tentang                   Obtain an understanding of internal control
         pengendalian internal yang relevan dengan           relevant to the audit in order to design audit
         audit untuk mendesain prosedur audit yang           procedures that are appropriate in the
         tepat sesuai dengan kondisinya, tetapi bukan        circumstances, but not for the purpose of
         untuk tujuan menyatakan opini atas                  expressing an opinion on the effectiveness of
         keefektivitasan pengendalian internal Grup.         the Group’s internal control.




                                                    vii
A member firm of Ernst & Young Global Limited
Page 285
                                                                               The original report included herein is in
                                                                                              the Indonesian language.

Laporan Auditor Independen (lanjutan)                       Independent Auditor’s Report (continued)

Laporan No.       00432/2.1505/AU.1/05/1810-                Report    No.     00432/2.1505/AU.1/05/1810-
2/1/III/2026 (lanjutan)                                     2/1/III/2026 (continued)


Tanggung jawab auditor terhadap audit atas                  Auditor’s responsibilities for the audit of the
laporan keuangan konsolidasian (lanjutan)                   consolidated financial statements (continued)

Sebagai bagian dari suatu audit berdasarkan                  As part of an audit in accordance with Standards
Standar Audit yang ditetapkan oleh IAPI, kami                on Auditing established by the IICPA, we exercise
menerapkan pertimbangan independen dan                       professional judgment and maintain professional
mempertahankan skeptisisme independen selama                 skepticism throughout the audit. We also:
audit. Kami juga: (lanjutan)                                 (continued)

         Mengevaluasi ketepatan kebijakan akuntansi             Evaluate the appropriateness of accounting
         yang digunakan serta kewajaran estimasi                policies used and the reasonableness of
         akuntansi dan pengungkapan terkait yang                accounting estimates and related disclosures
         dibuat oleh manajemen.                                 made by management.

         Menyimpulkan ketepatan penggunaan basis                Conclude     on     the    appropriateness      of
         akuntansi     kelangsungan      usaha   oleh           management’s use of the going concern basis
         manajemen dan, berdasarkan bukti audit yang            of accounting and, based on the audit evidence
         diperoleh,     apakah     terdapat     suatu           obtained, whether a material uncertainty exists
         ketidakpastian material yang terkait dengan            related to events or conditions that may cast
         peristiwa    atau    kondisi    yang   dapat           significant doubt on the Group’s ability to
         menyebabkan keraguan signifikan atas                   continue as a going concern. If we conclude
         kemampuan Grup untuk mempertahankan                    that a material uncertainty exists, we are
         kelangsungan      usahanya.     Ketika  kami           required to draw attention in our independent
         menyimpulkan       bahwa     terdapat  suatu           auditor’s report to the related disclosures in the
         ketidakpastian material, kami diharuskan               consolidated financial statements or, if such
         untuk menarik perhatian dalam laporan                  disclosures are inadequate, to modify our
         auditor independen kami ke pengungkapan                opinion. Our conclusion is based on the audit
         terkait dalam laporan keuangan konsolidasian           evidence obtained up to the date of our
         atau, jika pengungkapan tersebut tidak                 independent auditor’s report. However, future
         memadai,      memodifikasi      opini  kami.           events or conditions may cause the Group to
         Kesimpulan kami didasarkan pada bukti audit            cease to continue as a going concern.
         yang diperoleh hingga tanggal laporan auditor
         independen kami. Namun, peristiwa atau
         kondisi masa depan dapat menyebabkan Grup
         tidak dapat mempertahankan kelangsungan
         usaha.

         Mengevaluasi penyajian, struktur, dan isi              Evaluate the overall presentation, structure,
         laporan keuangan konsolidasian secara                  and content of the consolidated financial
         keseluruhan, termasuk pengungkapannya,                 statements, including the disclosures, and
         dan apakah laporan keuangan konsolidasian              whether the consolidated financial statements
         mencerminkan transaksi dan peristiwa yang              represent the underlying transactions and
         mendasarinya dengan suatu cara yang                    events in a manner that achieves fair
         mencapai penyajian wajar.                              presentation.




                                                     viii
A member firm of Ernst & Young Global Limited
Page 286
                                                                           The original report included herein is in
                                                                                          the Indonesian language.

Laporan Auditor Independen (lanjutan)                   Independent Auditor’s Report (continued)

Laporan No.       00432/2.1505/AU.1/05/1810-            Report    No.     00432/2.1505/AU.1/05/1810-
2/1/III/2026 (lanjutan)                                 2/1/III/2026 (continued)


Tanggung jawab auditor terhadap audit atas              Auditor’s responsibilities for the audit of the
laporan keuangan konsolidasian (lanjutan)               consolidated financial statements (continued)


Sebagai bagian dari suatu audit berdasarkan             As part of an audit in accordance with Standards
Standar Audit yang ditetapkan oleh IAPI, kami           on Auditing established by the IICPA, we exercise
menerapkan pertimbangan profesional dan                 professional judgment and maintain professional
mempertahankan skeptisisme profesional selama           skepticism throughout the audit. We also:
audit. Kami juga: (lanjutan)                            (continued)

        Memeroleh bukti audit yang cukup dan tepat          Obtain sufficient appropriate audit evidence
        terkait informasi keuangan entitas atau             regarding the financial information of the
        aktivitas bisnis dalam Grup untuk menyatakan        entities or business activities within the Group
        opini atas laporan keuangan konsolidasian.          to express an opinion on the consolidated
        Kami bertanggung jawab atas arahan,                 financial statements. We are responsible for
        supervisi, dan pelaksanaan audit grup. Kami         the direction, supervision, and performance
        tetap bertanggung jawab sepenuhnya atas             of the group audit. We remain solely
        opini audit kami.                                   responsible for our audit opinion.

Kami mengomunikasikan kepada pihak yang                 We communicate with those charged with
bertanggung jawab atas tata kelola mengenai,            governance regarding, among other matters, the
antara lain, ruang lingkup dan saat yang                planned scope and timing of the audit and
direncanakan atas audit serta temuan audit              significant audit findings, including any significant
signifikan, termasuk setiap defisiensi signifikan       deficiencies in internal control that we identify
dalam pengendalian internal yang teridentifikasi        during our audit.
oleh kami selama audit.

Kami juga memberikan suatu pernyataan kepada            We also provide those charged with governance
pihak yang bertanggung jawab atas tata kelola           with a statement that we have complied with
bahwa kami telah mematuhi ketentuan etika yang          relevant    ethical  requirements    regarding
relevan       mengenai      independensi,     dan       independence, and to communicate with them all
mengomunikasikan kepada pihak tersebut seluruh          relationships and other matters that may
hubungan, serta hal-hal lain yang dianggap secara       reasonably be thought to bear on our
wajar berpengaruh terhadap independensi kami,           independence, and where applicable, related
dan, jika relevan, pengamanan terkait.                  safeguards.




                                                   ix
A member firm of Ernst & Young Global Limited
Page 287
A member firm of Ernst & Young Global Limited
Page 288
                                                                                       The original consolidated financial statements included herein
                                                                                                                         are in Indonesian language.


                PT PYRIDAM FARMA TBK                                                               PT PYRIDAM FARMA TBK
                 DAN ENTITAS ANAKNYA                                                                AND ITS SUBSIDIARIES
                    LAPORAN POSISI                                                             CONSOLIDATED STATEMENTS OF
              KEUANGAN KONSOLIDASIAN                                                                 FINANCIAL POSITION
                Tanggal 31 Desember 2025                                                           As of December 31, 2025
    (Disajikan dalam Rupiah, Kecuali Dinyatakan Lain)                                    (Expressed in Rupiah, Unless Otherwise Stated)


                                                Catatan/         31 Desember 2025/      31 Desember 2024/
                                                 Notes           December 31, 2025      December 31, 2024
ASET                                                                                                                                                      ASSETS

ASET LANCAR                                                                                                                            CURRENT ASSETS
Kas dan setara kas                               4,31,32             101.787.779.226         351.857.263.467                     Cash and cash equivalents
Piutang usaha -                                                                                                                          Trade receivables -
  pihak ketiga - neto                              5,32              755.688.722.400         645.395.567.201                           third parties - net
Piutang lain-lain -                                                                                                                      Other receivables -
  pihak ketiga                                     6,32                5.227.768.994           7.563.208.371                                 third parties
Persediaan - neto                                    7               483.970.543.209         457.172.558.677                                Inventories - net
Uang muka                                            9                40.621.682.541          46.504.933.073                                       Advances
Biaya dibayar di muka                               10                23.503.985.695          17.610.378.004                              Prepaid expenses
Pajak dibayar di muka                               29                 9.803.477.732           9.311.536.403                                   Prepaid taxes
Aset keuangan lancar lainnya                        32                 1.100.000.000           1.641.714.198                   Other current financial assets
TOTAL ASET LANCAR                                                  1.421.703.959.797      1.537.057.159.394                     TOTAL CURRENT ASSETS

ASET TIDAK LANCAR                                                                                                    NON-CURRENT ASSETS
Investasi saham                                    8,32               88.518.351.880         77.003.875.760                Investment in shares
Aset pajak tangguhan - neto                         29                22.091.391.618         49.487.799.870            Deferred tax assets - net
Aset tetap - neto                                   11             1.153.338.534.854      1.126.861.294.779                    Fixed assets - net
Aset hak-guna - neto                                13             1.169.654.385.679        403.642.929.886             Right-of-use assets - net
Aset takberwujud - neto                             12             2.809.261.807.508      2.588.408.386.161               Intangible assets - net
Taksiran tagihan pajak penghasilan                  29                49.762.798.801         24.964.993.940      Estimated claims for tax refund
Uang muka pembelian aset tetap                      11                52.529.096.016                      - Advance for purchase of fixed assets
Aset tidak lancar lainnya                                              4.270.089.000          3.664.089.000            Other non-current assets
TOTAL ASET TIDAK LANCAR                                            5.349.426.455.356      4.274.033.369.396             TOTAL NON-CURRENT ASSETS

TOTAL ASET                                                         6.771.130.415.153      5.811.090.528.790                                    TOTAL ASSETS




  Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian               The accompanying notes to the consolidated financial statements form an integral
                integral dari laporan keuangan konsolidasian.                                         part of these consolidated financial statements.


                                                                              1
Page 289
                                                                                       The original consolidated financial statements included herein
                                                                                                                         are in Indonesian language.


                 PT PYRIDAM FARMA Tbk                                                              PT PYRIDAM FARMA Tbk
                 DAN ENTITAS ANAKNYA                                                                AND ITS SUBSIDIARIES
              LAPORAN POSISI KEUANGAN                                                          CONSOLIDATED STATEMENTS OF
                KONSOLIDASIAN (lanjutan)                                                       FINANCIAL POSITION (continued)
                Tanggal 31 Desember 2025                                                           As of December 31, 2025
    (Disajikan dalam Rupiah, Kecuali Dinyatakan Lain)                                    (Expressed in Rupiah, Unless Otherwise Stated)


                                                Catatan/         31 Desember 2025/      31 Desember 2024/
                                                 Notes           December 31, 2025      December 31, 2024
LIABILITAS DAN EKUITAS                                                                                                            LIABILITIES AND EQUITY

LIABILITAS                                                                                                                                           LIABILITIES

LIABILITAS JANGKA PENDEK                                                                                                           CURRENT LIABILITIES
Utang bank jangka pendek                         14,31               189.736.565.637         209.231.706.661                         Short-term bank loans
Utang usaha - pihak ketiga                      15,31,32             292.766.614.015         239.664.706.352                   Trade payables - third parties
Utang lain-lain - pihak ketiga                  16,31,32              68.597.149.892          46.125.226.081                   Other payables - third parties
Utang pajak                                        29                 59.922.158.324          34.173.961.379                                 Taxes payable
Beban akrual                                    17,31,32             136.990.159.090          82.109.953.670                             Accrued expenses
Liabilitas imbalan kerja karyawan                                                                                                     Short-term employee
   jangka pendek                                  20,32              139.005.188.891         127.335.014.707                            benefits liabilities
Utang jangka panjang yang
   akan jatuh tempo dalam                                                                                                                    Current maturities
   waktu satu tahun:                                                                                                                     of long-term debts:
   Utang bank jangka panjang                     18,31               184.862.125.758          15.743.220.000                          Long-term bank loans
   Liabilitas sewa                               13,31                74.081.337.265          49.020.605.809                                 Lease liabilities
   Utang obligasi - neto                        19,31,32                           -         398.875.000.000                           Bonds payable - net
TOTAL LIABILITAS
JANGKA PENDEK                                                      1.145.961.298.872      1.202.279.394.659                TOTAL CURRENT LIABILITIES

LIABILITAS JANGKA PANJANG                                                                                                     NON-CURRENT LIABILITIES
Utang jangka panjang -
   setelah dikurangi bagian yang
   akan jatuh tempo                                                                                                                         Long-term debts -
   dalam waktu satu tahun:                                                                                                         net of current maturities:
   Utang bank jangka panjang                    18,31,32           2.041.620.955.975      2.023.743.073.022                          Long-term bank loans
   Utang obligasi - neto                         19,31             1.217.383.333.333        797.533.333.330                            Bonds payable - net
   Liabilitas sewa                            13,31,32,36          1.133.721.826.370        372.830.286.473                                 Lease liabilities
   Liabilitas imbalan kerja karyawan                                                                                                   Long-term employee
   jangka panjang                                   20                46.764.442.697          50.532.788.262                               benefits liabilities
Liabilitas pajak tangguhan - neto                   29               200.497.076.444         324.625.543.646                       Deferred tax liabilities - net
TOTAL LIABILITAS                                                                                                                     TOTAL NON-CURRENT
JANGKA PANJANG                                                     4.639.987.634.819      3.569.265.024.733                                  LIABILITIES

TOTAL LIABILITAS                                                   5.785.948.933.691      4.771.544.419.392                               TOTAL LIABILITIES




  Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian               The accompanying notes to the consolidated financial statements form an integral
                integral dari laporan keuangan konsolidasian.                                         part of these consolidated financial statements.


                                                                              2
Page 290
                                                                                        The original consolidated financial statements included herein
                                                                                                                          are in Indonesian language.



                 PT PYRIDAM FARMA Tbk                                                               PT PYRIDAM FARMA Tbk
                 DAN ENTITAS ANAKNYA                                                                 AND ITS SUBSIDIARIES
              LAPORAN POSISI KEUANGAN                                                           CONSOLIDATED STATEMENTS OF
                KONSOLIDASIAN (lanjutan)                                                        FINANCIAL POSITION (continued)
                Tanggal 31 Desember 2025                                                            As of December 31, 2025
    (Disajikan dalam Rupiah, Kecuali Dinyatakan Lain)                                     (Expressed in Rupiah, Unless Otherwise Stated)


                                                Catatan/         31 Desember 2025/       31 Desember 2024/
                                                 Notes           December 31, 2025       December 31, 2024
EKUITAS                                                                                                                                                     EQUITY

EKUITAS YANG DAPAT                                                                                                          EQUITY ATTRIBUTABLE TO
DIATRIBUSIKAN KEPADA                                                                                                                  OWNERS OF THE
PEMILIK ENTITAS INDUK                                                                                                               PARENT COMPANY
Modal saham - nilai nominal                                                                                                      Share capital - par value
  Rp100 per saham                                                                                                                    Rp100 per share
  Modal dasar - 38.000.000.000                                                                                                           Authorized -
     saham pada tanggal                                                                                                        38,000,000,000 shares
     31 Desember 2025 dan 2024                                                                                      as of December 31, 2025 and 2024
  Modal ditempatkan dan
     disetor penuh -                                                                                                              Issued and fully paid -
     11.236.692.794 saham pada                                                                                                   11,236,692,794 shares
     tanggal 31 Desember 2025 dan                                                                                       as of December 31, 2025 and
     11.236.680.000 saham pada                                                                                                 11,236,680,000 shares
     tanggal 31 Desember 2024                       21             1.123.669.279.400       1.123.668.000.000                as of December 31, 2024
Tambahan modal disetor                              22                 2.074.034.301           2.066.583.301                       Additional paid-in capital
Penghasilan (rugi) komprehensif lain                                  63.715.760.401         (43.396.085.243)           Other comprehensive income (loss)
Defisit                                                                                                                                               Deficit
  Telah ditentukan penggunaannya                                       2.000.000.000            2.000.000.000                              Appropriated
  Belum ditentukan penggunaannya                                    (424.469.290.908)         (44.799.191.229)                           Unappropriated
TOTAL                                                                766.989.783.194       1.039.539.306.829                                                 TOTAL

KEPENTINGAN                                                                                                                              NON-CONTROLLING
NONPENGENDALI                                                        218.191.698.268                   6.802.569                               INTERESTS
TOTAL EKUITAS                                                        985.181.481.462       1.039.546.109.398                                     TOTAL EQUITY

TOTAL LIABILITAS DAN
EKUITAS                                                            6.771.130.415.153       5.811.090.528.790            TOTAL LIABILITIES AND EQUITY




  Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian                The accompanying notes to the consolidated financial statements form an integral
                integral dari laporan keuangan konsolidasian.                                          part of these consolidated financial statements.


                                                                              3
Page 291
                                                                                      The original consolidated financial statements included herein
                                                                                                                        are in Indonesian language.


                 PT PYRIDAM FARMA Tbk                                                             PT PYRIDAM FARMA Tbk
                 DAN ENTITAS ANAKNYA                                                               AND ITS SUBSIDIARIES
       LAPORAN LABA RUGI DAN PENGHASILAN                                                 CONSOLIDATED STATEMENTS OF PROFIT OR
         KOMPREHENSIF LAIN KONSOLIDASIAN                                                 LOSS AND OTHER COMPREHENSIVE INCOME
        Untuk Tahun yang Berakhir pada Tanggal                                                        For the Year Ended
                    31 Desember 2025                                                                  December 31, 2025
    (Disajikan dalam Rupiah, Kecuali Dinyatakan Lain)                                   (Expressed in Rupiah, Unless Otherwise Stated)


                                                   Tahun yang Berakhir pada Tanggal 31 Desember/
                                                             Year Ended December 31,

                                                                           Catatan/
                                                         2025               Notes                 2024

PENDAPATAN NETO                                  2.760.422.051.315          23,30          1.920.811.832.587                                  NET REVENUES

BEBAN POKOK PENDAPATAN                          (2.177.277.539.218)         24,30         (1.384.332.290.325)                         COST OF REVENUES
LABA BRUTO                                          583.144.512.097                          536.479.542.262                                  GROSS PROFIT

Beban penjualan dan pemasaran                      (286.821.423.265)        25,30           (279.915.873.660)              Selling and marketing expenses
                                                                                                                                 General and administrative
Beban umum dan administrasi                        (455.496.533.959)        26,30           (272.898.587.442)                                  expenses
Beban lainnya - neto                                (58.026.476.391)        27,30            (90.544.145.962)                         Other expenses - net
                                                                                                                                                   LOSS
RUGI USAHA                                         (217.199.921.518)                        (106.879.064.802)                           FROM OPERATIONS

Penghasilan keuangan                                 12.230.132.475                           19.715.499.892                                    Finance income
Beban keuangan                                     (325.900.401.253)        28,30           (225.980.431.338)                                     Finance costs
RUGI SEBELUM PAJAK                                 (530.870.190.296)                        (313.143.996.248)                            LOSS BEFORE TAX

Manfaat (beban) pajak
  penghasilan - neto                                151.200.080.994         29,30             (17.102.369.332)          Income tax expense (benefit) - net
RUGI TAHUN BERJALAN                                (379.670.109.302)                        (330.246.365.580)                         LOSS FOR THE YEAR

PENGHASILAN (RUGI)                                                                                                             OTHER COMPREHENSIVE
KOMPREHENSIF LAIN                                                                                                                          INCOME (LOSS)
Pos-pos yang akan                                                                                                                           Items that will be
  direklasifikasi ke laba rugi:                                                                                              reclassified to profit or loss:
                                                                                                                           Difference in foreign currency
  Selisih kurs karena penjabaran                                                                                                         translations of
     laporan keuangan                               121.833.461.155                           (53.046.348.699)                    financial statements
  Pajak penghasilan terkait                         (26.803.361.454)          29               11.670.196.714                         Related income tax
Pos-pos yang tidak akan                                                                                                                Items that will not be
  direklasifikasi ke laba rugi:                                                                                              reclassified to profit or loss:
  Pengukuran kembali                                                                                                                    Remeasurements
     atas liabilitas                                                                                                                       on employee
     imbalan kerja                                     3.981.230.630          20                 2.497.488.663                         benefit liabilities
  Keuntungan (kerugian) neto                                                                                                                Net gain (loss)
     atas instrumen ekuitas yang                                                                                                 on equity instruments
     ditetapkan pada nilai wajar                                                                                               designated at fair value
     melalui penghasilan                                                                                                                  through other
     komprehensif lain                               11.514.476.120                           (23.077.721.761)                 comprehensive income
  Pajak penghasilan terkait                          (3.409.055.485)          29                4.527.651.282                         Related income tax
PENGHASILAN (RUGI)                                                                                                 OTHER COMPREHENSIVE
KOMPREHENSIF LAIN TAHUN                                                                                        INCOME (LOSS) FOR THE YEAR
BERJALAN SETELAH PAJAK                              107.116.750.966                           (57.428.733.801)                  AFTER TAX

TOTAL RUGI
KOMPREHENSIF                                                                                                                    TOTAL COMPREHENSIVE
TAHUN BERJALAN                                     (272.553.358.336)                        (387.675.099.381)                      LOSS FOR THE YEAR




  Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian              The accompanying notes to the consolidated financial statements form an integral
                integral dari laporan keuangan konsolidasian.                                        part of these consolidated financial statements.


                                                                             4
Page 292
                                                                                      The original consolidated financial statements included herein
                                                                                                                        are in Indonesian language.


                PT PYRIDAM FARMA Tbk                                                               PT PYRIDAM FARMA Tbk
                DAN ENTITAS ANAKNYA                                                                 AND ITS SUBSIDIARIES
      LAPORAN LABA RUGI DAN PENGHASILAN                                                       CONSOLIDATED STATEMENTS OF
   KOMPREHENSIF LAIN KONSOLIDASIAN (lanjutan)                                                       PROFIT OR LOSS AND
       Untuk Tahun yang Berakhir pada Tanggal                                           OTHER COMPREHENSIVE INCOME (continued)
                   31 Desember 2025                                                         For the Year Ended December 31, 2025
   (Disajikan dalam Rupiah, Kecuali Dinyatakan Lain)                                    (Expressed in Rupiah, Unless Otherwise Stated)


                                                   Tahun yang Berakhir pada Tanggal 31 Desember/
                                                             Year Ended December 31,

                                                                           Catatan/
                                                         2025               Notes                 2024

Laba (rugi) tahun berjalan yang                                                                                                  Profit (loss) for the year
  dapat diatribusikan kepada:                                                                                                             attributable to:
  Pemilik entitas induk                            (379.670.099.679)         34             (330.246.641.604)            Owners of the parent company
  Kepentingan nonpengendali                                  (9.623)                                 276.024                  Non-controlling interests

TOTAL                                              (379.670.109.302)                        (330.246.365.580)                                              TOTAL

Total penghasilan (rugi) komprehensif
  tahun berjalan yang dapat                                                                                   Total comprehensive income (loss)
  diatribusikan kepada:                                                                                              for the year attributable to:
  Pemilik entitas induk                            (272.558.254.035)                        (387.456.118.066) Owners of the parents company
  Kepentingan nonpengendali                               4.895.699                             (218.981.315)          Non-controlling interests
TOTAL                                              (272.553.358.336)                        (387.675.099.381)                                              TOTAL


Rugi per saham dasar yang                                                                                                             Basic loss per share
  dapat diatribusikan kepada                                                                                                              attributable to
  pemilik entitas induk                                          (33,79)     34                            (38,91)        owners of the parent company




  Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian              The accompanying notes to the consolidated financial statements form an integral
                integral dari laporan keuangan konsolidasian.                                        part of these consolidated financial statements.


                                                                             5
Page 293
                                                                                                                                                                                                                                                 The original financial statements included herein are in Indonesian language.




                                                     PT PYRIDAM FARMA Tbk                                                                                                                                                    PT PYRIDAM FARMA Tbk
                                                     DAN ENTITAS ANAKNYA                                                                                                                                                      AND ITS SUBSIDIARIES
                                       LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN                                                                                                                                 CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
                                    Untuk Tahun yang Berakhir pada Tanggal 31 Desember 2025                                                                                                                           For the Year Ended December 31, 2025
                                        (Disajikan dalam Rupiah, Kecuali Dinyatakan Lain)                                                                                                                         (Expressed in Rupiah, Unless Otherwise Stated)



                                                                                            Ekuitas yang dapat diatribusikan kepada pemilik entitas induk/Equity attributable to owners of the parent company

                                                                                                                          Penghasilan (rugi) komprehensif lain/
                                                                                                                           Other comprehensive income (loss)

                                                                                                                                         Selisih Kurs           Kerugian neto
                                                                                                                                      Karena Penjabaran         atas instrumen
                                                                                                                                           Laporan            ekuitas ditetapkan
                                                                      Modal              Tambahan                                      Keuangan - Neto/        pada nilai wajar/                 Saldo laba (defisit)/
                                                                  ditempatkan           modal disetor                                    Difference in             Net loss on                Retained earnings (deficit)
                                                                   dan disetor              - Neto/             Keuntungan             Foreign Currency               equity                                                                                  Kepentingan
                                                                  penuh/Issued            Additional          aktuarial - Neto/         Translation of            instruments           Sudah ditentukan       Belum ditentukan                              nonpengendali/
                                                   Catatan/         and fully           paid-in capital        Actuarial gain              Financial             designated at          penggunaannya/         penggunaannya/                                Non-controlling         Total ekuitas/
                                                    Notes          paid capital              - Net                 - Net               Statements - Net             fair value            Appropriated          Unappropriated          Total/Total             interests             Total equity

Saldo per 1 Januari 2024                                             53.508.000.000          2.065.078.501        13.814.936.438                (1.545.219)                        -         2.000.000.000        285.447.450.375        356.833.920.095            225.783.884        357.059.703.979          Balance as of January 1, 2024

Peningkatan modal dengan                                                                                                                                                                                                                                                                                                  Capital increase with
    hak memesan efek terlebih dahulu                  21           1.070.160.000.000                      -                       -                       -                        -                       -                      -    1.070.160.000.000                       -      1.070.160.000.000                 pre-emptive rights

Uang muka pelaksanaan waran                           22                           -            1.504.800                         -                       -                        -                       -                      -            1.504.800                       -              1.504.800           Advance for warrant exercise

Rugi tahun berjalan                                                                -                      -                       -                       -                        -                       -      (330.246.641.604)     (330.246.641.604)               276.024        (330.246.365.580)                       Loss for the year

Rugi komprehensif lain                                                             -                      -        1.948.041.157           (41.376.151.985)        (17.781.365.634)                        -                      -      (57.209.476.462)          (219.257.339)        (57.428.733.801)             Other comprehensive loss

Saldo per 31 Desember 2024                                         1.123.668.000.000         2.066.583.301        15.762.977.595           (41.377.697.204)        (17.781.365.634)          2.000.000.000         (44.799.191.229)    1.039.539.306.829              6.802.569       1.039.546.109.398      Balance as of December 31, 2024

                                                                                                                                                                                                                                                                                                                 Issuance of preference shares
Penerbitan saham preferen oleh entitas anak           1e                           -                      -                       -                       -                        -                       -                      -                    -        218.180.000.000        218.180.000.000                        of subsidiary

Pelaksanaan waran                                     22                  1.279.400             7.451.000                         -                       -                        -                       -                      -            8.730.400                       -              8.730.400                        Warrant exercise

Rugi tahun berjalan                                                                -                      -                       -                       -                        -                       -      (379.670.099.679)     (379.670.099.679)                (9.623)       (379.670.109.302)                       Loss for the year

Penghasilan komprehensif lain                                                      -                      -        3.105.359.891           95.030.099.702             8.976.386.051                        -                      -      107.111.845.644              4.905.322        107.116.750.966            Other comprehensive income

Saldo per 31 Desember 2025                                         1.123.669.279.400         2.074.034.301        18.868.337.486           53.652.402.498             (8.804.979.583)        2.000.000.000        (424.469.290.908)      766.989.783.194        218.191.698.268        985.181.481.462       Balance as of December 31, 2025




                Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian integral dari laporan keuangan konsolidasian.                                                       The accompanying notes to the consolidated financial statements form an integral part of these consolidated financial statements.




                                                                                                                                                                  6
Page 294
                                                                                      The original consolidated financial statements included herein
                                                                                                                        are in Indonesian language.

               PT PYRIDAM FARMA Tbk                                                              PT PYRIDAM FARMA Tbk
               DAN ENTITAS ANAKNYA                                                                AND ITS SUBSIDIARIES
       LAPORAN ARUS KAS KONSOLIDASIAN                                                  CONSOLIDATED STATEMENT OF CASH FLOWS
                      (lanjutan)                                                                         (continued)
      Untuk Tahun yang Berakhir pada Tanggal                                                         For the Year Ended
                  31 Desember 2025                                                                   December 31, 2025
  (Disajikan dalam Rupiah, Kecuali Dinyatakan Lain)                                    (Expressed in Rupiah, Unless Otherwise Stated)


                                                 Tahun yang Berakhir pada Tanggal 31 Desember/
                                                              Year Ended December 31,
                                                                           Catatan/
                                                         2025               Notes               2024

ARUS KAS DARI                                                                                                                      CASH FLOWS FROM
AKTIVITAS OPERASI                                                                                                              OPERATING ACTIVITIES
Penerimaan kas dari pelanggan        2.659.910.957.366                                 1.867.577.853.205                    Cash receipts from customers
Pembayaran kas kepada pemasok                                                                                                  Cash payments to supplier
  dan beban usaha                   (1.922.163.607.244)                               (1.303.552.044.026)                     and operating expenses
Pembayaran kas kepada karyawan        (844.217.280.073)                                 (508.782.673.378)                   Cash payments to employees
Penerimaan dari (pembayaran untuk):                                                                                     Cash receipts from (payments for):
  Penghasilan keuangan                  12.025.369.036                                    19.451.291.326                               Finance income
  Beban keuangan                      (266.561.368.220)                                 (200.326.680.643)                                 Finance cost
  Pajak penghasilan                     (3.278.797.896)                                  (18.184.241.457)                                Income taxes
Kas Neto Digunakan untuk                                                                                                                 Net Cash Used in
  Aktivitas Operasi                              (364.284.727.031)                      (143.816.494.973)                           Operating Activities

ARUS KAS UNTUK                                                                                                                 CASH FLOWS FOR
AKTIVITAS INVESTASI                                                                                                      INVESTING ACTIVITIES
Hasil penjualan aset tetap               110.499.174                         11              344.713.693      Proceeds from sale of fixed assets
Perolehan aset tetap dan penambahan                                                                       Acquisition of fixed asset and advances
  uang muka pembelian aset tetap    (139.449.369.891)                                   (108.056.401.778)         for purchase of fixed assets
Perolehan aset takberwujud           (28.885.575.001)                                    (10.514.616.384)          Acquisition of intangible assets
Penambahan aset hak-guna                (171.824.788)                                    (13.873.141.927)          Additions to right-of-use assets
Penambahan (pengurangan)                                                                                                      Additions (deduction)
  aset tidak lancar lainnya             (606.000.000)                                        225.375.167           in other non-current assets
Akuisisi entitas anak, setelah                                                                                            Acquisition of subsidiary,
  dikurangi kas yang diperoleh                     -                         1d       (2.423.971.037.527)                  net of cash acquired
Pendapatan dividen dari                                                                                                       Dividend income from
  investasi saham                                  -                          8            2.000.000.000                    investment in share

Kas Neto Digunakan untuk                                                                                                                  Net Cash Used in
  Aktivitas Investasi                            (169.002.270.506)                    (2.553.845.108.756)                            Investing Activities

ARUS KAS DARI                                                                                                                       CASH FLOWS FROM
AKTIVITAS PENDANAAN                                                                                                             FINANCING ACTIVITIES
Penerimaan dari penerbitan obligasi               417.900.000.000            19          398.000.000.000                   Proceeds from bonds issuance
Penerimaan dari penerbitan                                                                                                    Proceeds from the issuance
  saham preferen                                  218.180.000.000            1e                       -                          of preference shares
Penerimaan utang bank - neto                      171.839.971.620                     1.566.534.264.555                      Proceeds of bank loans - net
Penerimaan uang dari                                                                                                                        Proceeds from
  pelaksanaan waran                                     8.730.400            21                         -                             warrant exercise
Pembayaran utang obligasi                        (400.000.000.000)           19                         -                      Payment of bonds payable
Pembayaran liabilitas sewa                       (123.481.913.354)           13           (41.624.643.715)                    Payments of lease liabilities
Penerimaan peningkatan                                                                                                             Receipts from increase
  modal saham                                                         -      21       1.070.160.000.000                                of share capital
Penerimaan uang muka                                                                                                             Proceeds of advance for
  pelaksanaan waran                                                   -      21                   1.504.800                           warrant exercise
Pembayaran utang dividen oleh                                                                                           Payments of dividends payable by
  entitas anak ke pemegang saham                                                                                             subsidiary to its previous
  sebelumnya                                                          -                   (31.630.162.902)                                shareholders
Kas Neto Diperoleh dari                                                                                                               Net Cash Provided by
  Aktivitas Pendanaan                             284.446.788.666                      2.961.440.962.738                            Financing Activities
(PENURUNAN) KENAIKAN NETO                                                                                               NET (DECREASE) INCREASE IN
DALAM KAS DAN SETARA KAS                         (248.840.208.871)                       263.779.359.009               CASH AND CASH EQUIVALENTS

Efek neto perubahan kurs                                                                                                           Net effect of changes in
  mata uang terhadap                                                                                                               exchanges rates on
  kas dan setara kas                                 3.109.048.564                         (2.560.606.826)                   cash and cash equivalents




  Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian              The accompanying notes to the consolidated financial statements form an integral
                integral dari laporan keuangan konsolidasian.                                        part of these consolidated financial statements.


                                                                                  7
Page 295
                                                                                      The original consolidated financial statements included herein
                                                                                                                        are in Indonesian language.

               PT PYRIDAM FARMA Tbk                                                              PT PYRIDAM FARMA Tbk
               DAN ENTITAS ANAKNYA                                                                AND ITS SUBSIDIARIES
       LAPORAN ARUS KAS KONSOLIDASIAN                                                  CONSOLIDATED STATEMENT OF CASH FLOWS
                      (lanjutan)                                                                         (continued)
      Untuk Tahun yang Berakhir pada Tanggal                                                         For the Year Ended
                  31 Desember 2025                                                                   December 31, 2025
  (Disajikan dalam Rupiah, Kecuali Dinyatakan Lain)                                    (Expressed in Rupiah, Unless Otherwise Stated)


                                                 Tahun yang Berakhir pada Tanggal 31 Desember/
                                                           Year Ended December 31,

                                                                           Catatan/
                                                         2025               Notes               2024
KAS DAN SETARA KAS                                                                                                     CASH AND CASH EQUIVALENTS
AWAL TAHUN                                        343.760.246.260                          82.541.494.077                    AT BEGINNING OF YEAR
KAS DAN SETARA KAS                                                                                                     CASH AND CASH EQUIVALENTS
AKHIR TAHUN                                         98.029.085.953                       343.760.246.260                          AT END OF YEAR


KAS DAN SETARA KAS                                                                                                     CASH AND CASH EQUIVALENTS
AKHIR TAHUN TERDIRI DARI:                                                                                               AT END OF YEAR CONSIST OF:
Kas dan setara kas                                101.787.779.226             4          351.857.263.467                     Cash and cash equivalents
Cerukan                                            (3.758.693.273)           14           (8.097.017.207)                                    Overdraft

KAS DAN SETARA KAS                                                                                                     CASH AND CASH EQUIVALENTS
AKHIR TAHUN                                         98.029.085.953                       343.760.246.260                          AT END OF YEAR



Tambahan       informasi      arus     kas     diungkapkan        dalam                        Supplementary cash flow information is presented in
Catatan 36                                                                                                                                Note 36




  Catatan atas laporan keuangan konsolidasian terlampir merupakan bagian              The accompanying notes to the consolidated financial statements form an integral
                integral dari laporan keuangan konsolidasian.                                        part of these consolidated financial statements.


                                                                                  8
Page 296
                                                                    The original consolidated financial statements included herein
                                                                                                      are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                               PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                              NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                               FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                 and for the Year Then Ended
             (Disajikan dalam Rupiah,                                             (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


1.   UMUM                                                          1.   GENERAL

     a.   Pendirian Perusahaan                                          a.   Establishment of the Company

          PT Pyridam Farma Tbk (“Perusahaan”)                                PT Pyridam Farma Tbk (the “Company”) was
          didirikan berdasarkan Akta Notaris No.                             established based on the Notarial Deed No. 31
          31 tanggal 27 November 1976 dari Tan Thong                         dated November 27, 1976 of Tan Thong Kie,
          Kie, notaris di Jakarta. Akta Pendirian                            notary in Jakarta. The Deed of Establishment
          Perusahaan telah disahkan oleh Menteri                             was approved by the Ministry of Justice of the
          Kehakiman Republik Indonesia dalam Surat                           Republic of Indonesia in his Decision Letter
          Keputusan No. Y.A 5/118/3 tanggal 17 Maret                         No. Y.A 5/118/3 dated March 17, 1977, and was
          1977, serta diumumkan dalam Tambahan                               published in the Supplemental State Gazette of
          Berita Negara Republik Indonesia No. 801                           the Republic of Indonesia No. 801 year 1977.
          tahun 1977.

          Anggaran Dasar Perusahaan telah mengalami                          The Company's Articles of Association have
          beberapa kali perubahan, yang terakhir dengan                      been amended several times, the last of which
          Akta Pernyataan Keputusan Rapat No. 20                             was by Deed of Statement of Meeting
          tanggal 26 Mei 2025 yang dibuat di hadapan                         Resolutions No. 20 dated May 26, 2025 made
          Mochamad Nova Faisal, S.H., M.Kn., notaris di                      before Mochamad Nova Faisal, S.H., M.Kn., a
          Jakarta Selatan mengenai perubahan Pasal 4                         notary in South Jakarta regarding amendments
          tentang Modal, yang telah diberitahukan                            to Article 4 concerning the Capital, which have
          kepada Menteri Hukum Republik Indonesia                            been notified to the Minister of Law of the
          dengan Surat Penerimaan Pemberitahuan                              Republic of Indonesia with Letter of Receipt of
          Perubahan            Anggaran            Dasar                     Notification of the Changes to the Articles of
          No. AHU-AH.01.03-0142714 tanggal 26 Mei                            Association No. AHU-AH.01.03-0142714 dated
          2025 dan telah terdaftar pada Daftar Perseroan                     May 26, 2025 and have been registered in the
          No. AHU-0115498.AH.01.11.TAHUN 2025,                               Company          Register       No.       AHU-
          tanggal 26 Mei 2025.                                               0115498.AH.01.11.YEAR          2025,      dated
                                                                             May 26, 2025.

          Sesuai dengan Anggaran Dasar Perusahaan,                           In accordance with the Company's Articles of
          ruang lingkup kegiatan usaha Perusahaan                            Association, the scope of the Company's
          meliputi industri sabun dan bahan pembersih                        business activities includes the soap and
          keperluan rumah tangga, industri kosmetik                          cleaning agents industry for household use,
          untuk manusia, termasuk pasta gigi, industri                       cosmetics industry for humans, including
          bahan farmasi untuk manusia, industri produk                       toothpaste, pharmaceutical ingredients industry
          farmasi untuk manusia, industri alat kesehatan                     for humans, pharmaceutical product industry
          dalam subgolongan 2101, industri produk obat                       for humans, medical device industry in sub-
          tradisional untuk manusia, industri alat-alat                      group 2101, traditional medicine product
          laboratorium non klinis, farmasi dan kesehatan                     industry for humans, non-laboratory equipment
          dari kaca, industri alat laboratorium klinis dari                  industry glass clinical, pharmaceutical and
          kaca, industri barang plastik lainnya yang tidak                   health equipment, glass clinical laboratory
          dapat    diklasifikasikan   di    tempat     lain,                 equipment industry, other plastic goods
          perdagangan besar alat laboratorium, alat                          industry that cannot be classified elsewhere,
          farmasi, dan alat kedokteran untuk manusia,                        wholesale trade in laboratory equipment,
          perdagangan besar obat farmasi untuk                               pharmaceutical equipment and medical devices
          manusia, perdagangan besar obat tradisional                        for humans, wholesale trade in pharmaceutical
          untuk manusia, perdagangan besar kosmetik                          drugs for humans, wholesale trade traditional
          untuk     manusia,     dan     jasa    pengujian                   medicines for humans, wholesale trade in
          laboratorium.                                                      cosmetics for humans, and laboratory testing
                                                                             services.




                                                               9
Page 297
                                                                      The original consolidated financial statements included herein
                                                                                                        are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                                 PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                   AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                                NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                                 FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                         As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                   and for the Year Then Ended
             (Disajikan dalam Rupiah,                                               (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                             Unless Otherwise Stated)


1.   UMUM                                                            1.   GENERAL

     a.   Pendirian Perusahaan (lanjutan)                                 a.   Establishment of the Company (continued)

          Kegiatan usaha yang dijalankan Perusahaan                            The Company is currently carrying out business
          saat ini meliputi, antara lain, (i) industri sabun                   activities including, among others, (i) industry of
          dan bahan pembersih keperluan rumah tangga;                          soap and household cleaning products;
          (ii)      jasa      pengujian         laboratorium;                  (ii) laboratory testing services; (iii) wholesale
          (iii) perdagangan besar alat laboratorium, alat                      trade in laboratory equipment, pharmaceutical
          farmasi dan alat kedokteran untuk manusia;                           equipment and medical equipment for humans;
          (iv) industri produk obat tradisional untuk                          (iv) industry of traditional medicine products for
          manusia; (v) industri produk farmasi untuk                           humans; (v) industry of pharmaceutical
          manusia; (vi) perdagangan besar kosmetik                             products for humans; (vi) wholesale trade in
          untuk manusia; dan (vii) industri barang plastik                     cosmetics for humans; and (vii) other plastic
          lainnya Yang tidak termasuk dalam lainnya                            goods Not Elsewhere Classified (“N.E.C”) and
          (“Ytdl”) dan kegiatan usaha penunjang                                supporting business activites for warehousing
          pergudangan dan penyimpanan.                                         and storage.

          Perusahaan berdomisili di Jakarta dan                                The Company domiciled in Jakarta and its plant
          pabriknya berlokasi di Desa Cibodas, Pacet,                          is located in Cibodas Village, Pacet, Cianjur,
          Cianjur, Jawa Barat. Kantor pusat Perusahaan                         West Java. The head office is located at
          berlokasi di Sinarmas Land Plaza Sudirman                            Sinarmas Land Plaza Sudirman 12 floor, Jalan
          Lantai 12, Jalan Jendral Sudirman Kav 21,                            Jendral Sudirman Kav 21, RT 10/RW 01,
          RT 10/RW 01, Kuningan, Karet, Jakarta Selatan                        Kuningan, Karet, Jakarta Selatan 12920. The
          12920.     Perusahaan     memulai     operasi                        Company started its commercial operations
          komersialnya pada tahun 1977. Pabrik                                 since 1977. The Company’s plant located at
          Perusahaan yang berlokasi di Desa Cibodas,                           Cibodas Village, Puncak, West Java, built in
          Puncak, Jawa Barat, dibangun pada tahun                              1995 and started its operations in April 2001.
          1995 dan mulai beroperasi pada April 2001.

          Entitas induk terakhir dan pemegang saham                            The Company’s ultimate parent entity and
          terbesar Perusahaan adalah Rejuve Global                             majority shareholders is Rejuve Global
          Investment Pte. Ltd., Singapura.                                     Investment Pte. Ltd., Singapore.

     b.   Penawaran Umum Saham Perusahaan                                 b.   Public Offering of the Company’s Share

          Perusahaan telah melakukan perubahan nilai                           The Company has changed the nominal value
          nominal saham dari Rp1.000.000 per saham                             of share from Rp1,000,000 per share to Rp100
          menjadi Rp100 per saham (stock split) pada                           per share (stock split) on April 25, 2001.
          tanggal 25 April 2001. Di samping itu,                               In addition, the Company has offered its shares
          Perusahaan telah melakukan penawaran                                 to public through the capital market in Indonesia
          umum kepada masyarakat melalui pasar modal                           totaling 120,000,000 shares with nominal value
          di Indonesia sejumlah 120.000.000 saham                              of Rp100 per share at a price of Rp105 per
          dengan nilai nominal Rp100 per saham dengan                          share,         the     Company           obtained
          harga Rp105 per saham, Perusahaan                                    the     effective   notification   letter    from
          memperoleh pernyataan efektif dari Ketua                             the Chairman of the Capital Market Supervisory
          Badan Pengawas Pasar Modal (”Bapepam”)                               Agency (“Bapepam”) of Share Registration
          dengan surat No. S-2357/PM/2001 pada                                 No. S-2357/PM/2001 on September 27, 2001.
          tanggal 27 September 2001. Pada saat yang                            At the same time, the Company has also issued
          sama, Perusahaan juga telah menerbitkan                              60,000,000 Series I Warrants covered all
          60.000.000 Waran Seri I yang menyertai                               the offered shares with exercise price of Rp125
          seluruh saham yang ditawarkan (waran lekat)                          per share.
          dengan harga pelaksanaan Rp125 per saham.




                                                                10
Page 298
                                                                     The original consolidated financial statements included herein
                                                                                                       are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                                PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                               NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                                FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                        As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                  and for the Year Then Ended
             (Disajikan dalam Rupiah,                                              (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                            Unless Otherwise Stated)


1.   UMUM (lanjutan)                                                1.   GENERAL (continued)

     b.   Penawaran          Umum   Saham     Perusahaan                 b.   Public Offering of the Company’s Share
          (lanjutan)                                                          (continued)

          Jangka waktu pelaksanaan Waran dilakukan                            The exercise period of the warrants started on
          mulai tanggal 16 April 2002 sampai dengan                           April 16, 2002 up to October 15, 2004 with the
          tanggal 15 Oktober 2004 dengan ketentuan                            condition that each holder of two (2) new shares
          setiap pemegang dua (2) saham baru                                  received one (1) Series I Warrant where in each
          mendapatkan satu (1) Waran Seri I dimana                            Series I Warrant entitles its holder the right to
          setiap satu (1) Waran Seri I memberikan hak                         buy one (1) new share of the Company. These
          kepada pemegangnya untuk membeli satu (1)                           shares together with the shares of the founder
          saham baru Perusahaan yang dikeluarkan dari                         stocks totaling 400,000,000 shares have been
          portepel. Saham tersebut bersama dengan                             listed on the Indonesia Stock Exchange on
          saham pendiri sejumlah 400.000.000 saham                            October 16, 2001. On November 21, 2002, the
          telah dicatatkan pada Bursa Efek Indonesia                          Company has issued stock dividends totaling
          pada tanggal 16 Oktober 2001. Pada tanggal                          15,080,000 shares at the market value of
          21 November 2002, Perusahaan telah                                  Rp300 per share.
          menerbitkan     dividen   saham    sejumlah
          15.080.000 saham dengan harga pasar Rp300
          per saham.

          Setelah pembagian dividen saham tersebut,                           After this issuance of stock dividends, the total
          jumlah waran yang beredar menjadi 61.740.000                        warrants which has been issued became
          waran dan harga pelaksanaan waran menjadi                           61,740,000 warrants with the exercise price of
          Rp121 per saham. Tidak ada waran yang                               warrants      became     Rp121     per    share.
          dilaksanakan    sampai    dengan      tanggal                       No warrants were exercised until October 15,
          15 Oktober 2004.                                                    2004.

          Penerbitan Saham dengan HMETD                                       Share Issuance with HMETD

          Pada tahun 2024, Perusahaan melakukan                               In 2024, the Company increased its share
          peningkatan modal dengan hak memesan efek                           capital with pre-emptive rights (PMHETD I) with
          terlebih dahulu (PMHETD I) dengan jumlah                            maximum amount of 10,701,600,000 new
          sebanyak-banyaknya 10.701.600.000 saham                             shares.
          baru.

          Terkait penerbitan saham baru ini, Perusahaan                       In relation to the issuance of this new shares,
          telah memperoleh surat No. S-54/D.04/2024                           the Company has obtained letter No.
          pada tanggal 3 April 2024 dari Otoritas Jasa                        S-54/D.04/2024 dated April 3, 2024 from the
          Keuangan perihal Pemberitahuan Efektifnya                           Financial Services Authority (OJK) regarding
          Pernyataan Pendaftaran.                                             the Notification of the Effectiveness of
                                                                              Registration Statement.

     c.   Penawaran Umum Obligasi                                        c.   Bonds Public Offering

          Selama tahun 2022 sampai dengan 2025,                               During 2022 to 2025, the Company has also
          Perusahaan telah melakukan Penawaran                                conducted Non-convertible Bonds offering with
          Umum Obligasi tanpa Hak Konversi dengan                             details as follows:
          rincian sebagai berikut:
                                     Tingkat Suku
                                     Bunga Tetap/
                                         Fixed        Pokok Obligasi/         Jatuh Tempo/
          Tanggal Penerbitan         Interest Rate    Bonds Principal         Maturity Date                           Issuance Date

                                                                                   8 Maret 2027/
          8 Maret 2022                         9,5%    400.000.000.000            March 8, 2027                        March 8, 2022
                                                                               27 Februari 2029/
          27 Februari 2024                     9,5%    400.000.000.000         February 27, 2029                   February 27, 2024
                                                                                      9 Juli 2028/
          9 Juli 2025                          9,0%    420.000.000.000               July 9, 2028                        July 9, 2025




                                                               11
Page 299
                                                                   The original consolidated financial statements included herein
                                                                                                     are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                                 PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                   AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                                NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                                 FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                         As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                   and for the Year Then Ended
             (Disajikan dalam Rupiah,                                               (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                             Unless Otherwise Stated)


1.   UMUM (lanjutan)                                              1.   GENERAL (continued)

     c.   Penawaran Umum Obligasi (lanjutan)                           c.   Bonds Public Offering (continued)

          Penawaran Umum Obligasi Berkelanjutan II                          Public Offering of Pyridam Farma Continuous
          Pyridam Farma                                                     Bonds II

          Perusahaan melakukan penawaran umum atas                          The Company is conducting a public offering of
          Obligasi Berkelanjutan II Pyridam Farma                           Pyridam Farma Continuous Bonds II with a
          dengan target dana yang akan dihimpun                             target of raising Rp1,500,000,000,000.
          sebesar Rp1.500.000.000.000.

          Perusahaan telah menyampaikan surat                               The Company has submitted a Bond Issuance
          Pernyataan Pendaftaran Emisi Obligasi                             Registration Statement in connection with the
          sehubungan dengan Penawaran Umum                                  Continuous Public Offering of Pyridam Farma
          Berkelanjutan Obligasi Berkelanjutan II Pyridam                   Continuous Bonds II Phase I Year 2025
          Farma Tahap I Tahun 2025 (“Obligasi”) kepada                      (“Bonds") to the Financial Services Authority
          Otoritas Jasa Keuangan (“OJK”) tanggal                            (“OJK”) dated April 17, 2025, regarding the
          17 April 2025 perihal Surat Pengantar                             Cover Letter for the Registration Statement in
          Pernyataan Pendaftaran dalam Rangka                               connection with the Continuous Public Offering
          Penawaran Umum Berkelanjutan Obligasi                             of Pyridam Farma Continuous Bonds II Phase I
          Berkelanjutan II Pyridam Farma Tahap I Tahun                      Year 2025, whereby the Company obtained an
          2025, di mana Perusahaan memperoleh                               effective statement from OJK on June 30, 2025
          pernyataan efektif dari OJK tanggal 30 Juni                       regarding the Notification of the Effectiveness
          2025    perihal    Pemberitahuan     Efektifnya                   of the Registration Statement.
          Pernyataan Pendaftaran.

          Obligasi ini diterbitkan tanpa warkat dan                         These Bonds are issued without certificates
          ditawarkan dengan nilai 100% dari jumlah                          and offered at 100% of the principal amount of
          pokok Obligasi dengan tingkat bunga tetap                         the Bonds with a fixed interest rate of 9.00% per
          sebesar 9,00% per tahun dan jangka waktu                          annum and a term of 3 years from the date of
          3 tahun sejak tanggal emisi Obligasi. Bunga                       issuance of the Bonds. Bonds interest is paid
          Obligasi dibayarkan setiap triwulan, di mana                      quarterly, with the first Bonds interest payment
          bunga Obligasi pertama akan dibayarkan pada                       due on October 9, 2025, and the final Bonds
          tanggal 9 Oktober 2025, sedangkan bunga                           interest payment, along with the Bonds
          Obligasi terakhir sekaligus pelunasan Obligasi                    redemption due on July 9, 2028. The Bonds
          akan dibayarkan pada tanggal 9 Juli 2028.                         redemption will be made in bullet payment at
          Pelunasan Obligasi akan dilakukan secara                          maturity.
          penuh pada saat jatuh tempo.

     d.   Dewan Komisaris dan Direksi, Komite Audit,                   d.   Boards of Commissioners and Directors,
          dan Karyawan                                                      Audit Committee, and Employees

          Susunan Dewan Komisaris dan Direksi                               The Company’s Boards of Commissioners and
          Perusahaan pada tanggal 31 Desember 2025                          Directors as of December 31, 2025, as follows:
          adalah sebagai berikut:

          Dewan Komisaris                                                                              Board of Commissioners
          Komisaris Utama                                  Robby Yulianto                                President Commissioner
          Komisaris                                   Widjanarko Brotosaputro                                      Commissioner
          Komisaris Independen                        Drs. Charles D. Marpaung                        Independent Commissioner
          Komisaris Independen                        Maura Linda Sitanggang                          Independent Commissioner

          Direksi                                                                                             Board of Directors
          Direktur Utama                                   Lee Yan Gwan                                        President Director
          Direktur                                        Yenfrino Gunadi                                                Director
          Direktur                                         Bedjo Stefanus                                                Director
          Direktur                                      Antes Eko Prasetio                                               Director
          Direktur                                      Sinta Lestari Ningsih                                            Director




                                                             12
Page 300
                                                                  The original consolidated financial statements included herein
                                                                                                    are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                             PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                               AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                            NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                             FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
             (Disajikan dalam Rupiah,                                           (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                         Unless Otherwise Stated)


1.   UMUM (lanjutan)                                             1.   GENERAL (continued)

     d.   Dewan Komisaris dan Direksi, Komite Audit,                  d.   Boards of Commissioners and Directors,
          dan Karyawan (lanjutan)                                          Audit    Committee, and    Employees
                                                                           (continued)

          Susunan Dewan Komisaris dan Direksi                              The Company’s Boards of Commissioners and
          Perusahaan pada tanggal 31 Desember 2024                         Directors as of December 31, 2024 as follows:
          adalah sebagai berikut:

          Dewan Komisaris                                                                             Board of Commissioners
          Komisaris Utama                                Robby Yulianto                                 President Commissioner
          Komisaris Independen                      Mohammad Syamsul Arifin                          Independent Commissioner
          Komisaris Independen                      Drs. Charles D. Marpaung                         Independent Commissioner
          Komisaris Independen                       Maura Linda Sitanggang                          Independent Commissioner

          Direksi                                                                                            Board of Directors
          Direktur Utama                                 Lee Yan Gwan                                         President Director
          Direktur                                   Widjanarko Brotosaputro                                            Director
          Direktur                                       Yenfrino Gunadi                                                Director
          Direktur                                       Bedjo Stefanus                                                 Director

          Pada tanggal 31 Desember 2025, anggota                           As of December 31, 2025, the members of the
          Komite Audit Perusahaan adalah sebagai                           Company’s Audit Committee are as follows:
          berikut:

          Komite Audit                                                                                        Audit Committee
          Ketua                                      Drs. Charles D. Marpaung                                        Chairman
          Anggota                                     Vladimir I. Pangemanan                                          Member
          Anggota                                           Wiriprasto                                                Member

          Pada tanggal 31 Desember 2024, anggota                           As of December 31, 2024, the members of the
          Komite Audit Perusahaan adalah sebagai                           Company’s Audit Committee are as follows:
          berikut:

          Komite Audit                                                                                        Audit Committee
          Ketua                                     Mohammad Syamsul Arifin                                          Chairman
          Anggota                                  Dominique Razafindrambinina                                        Member
          Anggota                                        Ridwan Aksama                                                Member

          Berdasarkan surat keputusan Dewan Komisaris                      Based on the decision letter of the Board of
          pada tanggal 19 Februari 2025, Drs. Charles D.                   Commissioners letter dated February 19, 2025,
          Marpaung diangkat menjadi Ketua Komite Audit                     Drs. Charles D. Marpaung has been appointed
          Perusahaan      menggantikan      Mohammad                       as the Chairman of the Company's Audit
          Syamsul Arifin, dan berdasarkan Surat                            Committee, replacing Mohammad Syamsul
          Keputusan     Dewan      Komisaris    tanggal                    Arifin, and based on Board of Commissioners
          1 September 2025, Vladimir I. Pangemanan                         dated September 1, 2025, Vladimir I.
          dan Wiriprasto diangkat menjadi anggota                          Pangemanan and Wiriprasto has been
          Komite Audit Perusahaan menggantikan                             appointed as member of the Company's Audit
          Dominique Razafindrambinina dan Ridwan                           Committee,         replacing      Dominique
          Aksama.                                                          Razafindrambinina and Ridwan Aksama.

          Pembentukan Komite Audit Perusahaan telah                        The establishment of the Company’s Audit
          sesuai dengan Peraturan Otoritas Jasa                            Committee is in compliance with Financial
          Keuangan    Republik   Indonesia  Nomor                          Services Authority Regulation of the Republic of
          55/POJK.04/2015 Tahun 2015.                                      Indonesia Number 55/POJK.04/2015 Year
                                                                           2015.

          Perusahaan mengangkat Herdiasti Anggitya                         The Company appointed Herdiasti Anggitya
          Dwisani sebagai Sekretaris Perusahaan, efektif                   Dwisani as the Company’s Corporate
          sejak tanggal 20 Agustus 2024.                                   Secretary, effective since August 20, 2024.


                                                            13
Page 301
                                                                                                                       The original consolidated financial statements included herein
                                                                                                                                                         are in Indonesian language.

                    PT PYRIDAM FARMA Tbk                                                                                             PT PYRIDAM FARMA Tbk
                    DAN ENTITAS ANAKNYA                                                                                               AND ITS SUBSIDIARIES
                   CATATAN ATAS LAPORAN                                                                                            NOTES TO THE CONSOLIDATED
                  KEUANGAN KONSOLIDASIAN                                                                                             FINANCIAL STATEMENTS
               Tanggal 31 Desember 2025 dan untuk                                                                                     As of December 31, 2025
            Tahun yang Berakhir pada Tanggal Tersebut                                                                               and for the Year Then Ended
                    (Disajikan dalam Rupiah,                                                                                           (Expressed in Rupiah,
                    Kecuali Dinyatakan Lain)                                                                                         Unless Otherwise Stated)


     1.      UMUM (lanjutan)                                                                                          1.   GENERAL (continued)

             d.     Dewan Komisaris dan Direksi, Komite Audit,                                                             d.     Boards of Commissioners and Directors,
                    dan Karyawan (lanjutan)                                                                                       Audit    Committee, and    Employees
                                                                                                                                  (continued)

                    Personel manajemen kunci                                                                                      Key management personnel

                    Personel manajemen kunci Perusahaan adalah                                                                    Key management personnel of the Company
                    anggota Dewan Komisaris dan Direksi                                                                           are members of the Boards of Commissioners
                    Perusahaan.                                                                                                   and Directors of the Company.

                    Selama tahun 2025 dan 2024, jumlah imbalan                                                                    During 2025 and 2024, total compensation paid
                    yang diberikan kepada anggota manajemen                                                                       to the key management personnel of the Group,
                    kunci   Grup,    masing-masing     sebesar                                                                    is amounting to Rp51,029,602,517 and
                    Rp51.029.602.517 dan Rp39.595.012.953.                                                                        Rp39,595,012,953, respectively.

                    Grup mempunyai 2.341 dan 1.943 pegawai                                                                        The Group have a total of 2,341 and 1,943
                    tetap,  masing-masing     pada       tanggal                                                                  permanent     employees        as       of
                    31 Desember 2025 dan 2024 (tidak diaudit).                                                                    December 31, 2025 and 2024, respectively
                                                                                                                                  (unaudited).

             e.     Susunan Entitas Anak                                                                                   e.     Subsidiaries’ Structure

                    Laporan keuangan konsolidasian mencakup                                                                       The consolidated financial statements include
                    akun-akun entitas anak, dimana Perusahaan                                                                     the accounts of subsidiaries, which the
                    mempunyai pengendalian, baik langsung                                                                         Company has control either directly or indirectly
                    maupun tidak langsung, sebagai berikut:                                                                       as follows:
                                                                          Tahun Beroperasi            Persentase Kepemilikan/               Total Aset Sebelum Eliminasi/
                                                                              Secara                  Percentage of Ownership              Total Assets Before Eliminations
                                                                                              ____________                             ____________
                                                                             Komersial/
                                                             Tempat           Start of               31 Desember/December 31,                  31 Desember/December 31,
                                                                                              ____________                             ____________
                                                           Kedudukan/       Commercial
                     Entitas Anak                           Domicile         Operations                 2025               2024                 2025               2024                              Subsidiaries
                     Kepemilikan langsung                                                                                                                                                       Direct ownership

                     PYFA Health Singapore Pte. Ltd.                                                                                                                              PYFA Health Singapore Pte. Ltd.
                         (“PHSG”)                          Singapura              -                          99,00%           99,00%   1.082.864.933.375      1.153.530.272.741                      (“PHSG”)
                     PT Ethica Industri Farmasi                                                                                                                                         PT Ethica Industri Farmasi
                         (“ETHICA”)                        Indonesia            1946                         99,99%           99,99%    622.668.985.471        541.210.759.853                     (“ETHICA”)
                     PT Holi Pharma                                                                                                                                                               PT Holi Pharma
                         (“HOLI”)                          Indonesia            1968                         99,99%           99,99%     353.064.277.107       398.684.006.938                         (“HOLI”)
                     PT PYFA Investama Medika                                                                                                                                          PT PYFA Investama Medika
                         (“PIM”)                           Indonesia            2022                         99,00%           99,00%      27.327.074.895        28.384.701.185                           (“PIM”)
                     PT PYFA Sehat Indonesia (“PSI”)       Indonesia              -                          99,00%           99,00%      23.133.027.479        22.643.457.573    PT PYFA Sehat Indonesia (“PSI”)
                     PT Medika Inovasi Nusantara                                                                                                                                     PT Medika Inovasi Nusantara
                         (“MIN”)                           Indonesia            2025                         99,90%                -        1.345.391.489                     -                         (“MIN”)
                     PT PYFA Aetheria Indonesia                                                                                                                                       PT PYFA Aetheria Indonesia
                         (“PAI”)                           Indonesia              -                          99,00%           99,00%              5.945.841          6.455.841                         (“PAI”)

                     Kepemilikan tidak langsung                                                                                                                                              Indirect ownership
                     melalui PHSG                                                                                                                                                                 through PHSG
                     PYFA Australia Pty. Ltd.                                                                                                                                             PYFA Australia Pty. Ltd.
                         (“PAPL”) 1)                       Australia            2024                     100,00%             100,00%   3.008.004.939.349      2.536.585.520.922                    (“PAPL”) 1)

                     Kepemilikan tidak langsung                                                                                                                                               Indirect ownership
                     melalui PAPL                                                                                                                                                                  through PAPL
                     Probiotec Pty. Ltd.                   Australia            2002                     100,00%             100,00%   1.982.431.231.517      2.569.567.529.815                 Probiotec Pty. Ltd.

                     Kepemilikan tidak langsung                                                                                                                                               Indirect ownership
                     melalui Probiotec Pty. Ltd.                                                                                                                                      through Probiotec Pty. Ltd.

                     Multipack-LJM Pty. Limited            Australia            2002                     100,00%             100,00%   1.254.568.101.930       205.084.336.373        Multipack-LJM Pty. Limited.
                     Biotech Pharmaceuticals Pty. Ltd.     Australia            2014                     100,00%             100,00%    528.835.802.335        310.264.440.611 Biotech Pharmaceuticals Pty. Ltd.
                     Probiotec Pharma Pty. Ltd             Australia            2000                     100,00%             100,00%    480.433.504.487        277.746.514.335         Probiotec Pharma Pty. Ltd.
                     L.J.M. Marketing Services Pty. Ltd.   Australia            2005                     100,00%             100,00%    308.018.601.903        188.020.070.317 L.J.M. Marketing Services Pty. Ltd.
                     South Pack Laboratories (Aust)                                                                                                                                      South Pack Laboratories
                           Pty. Ltd.                       Australia            2016                     100,00%             100,00%     87.789.000.000        149.402.452.187                 (Aust) Pty. Ltd.
                     ABS (Aus) Pty. Ltd.                   Australia            2019                     100,00%             100,00%    110.300.177.611        113.183.227.714                ABS (Aus) Pty. Ltd.
                     HH Packaging Pty. Ltd.                Australia            2021                     100,00%             100,00%        848.035.712          7.305.027.792             HH Packaging Pty. Ltd.
                     Australian Dairy Proteins Pty. Ltd.   Australia              -                      100,00%             100,00%                  -                      - Australian Dairy Proteins Pty. Ltd.
                     Biotech Pharmaceuticals                                                                                                                                             Biotech Pharmaceuticals
                           Australia Pty. Ltd.             Australia              -                      100,00%             100,00%                      -                  -               Australia Pty. Ltd.
                     Willie Labs Generics Pty. Ltd.        Australia              -                      100,00%             100,00%                      -                  -      Willie Labs Generics Pty. Ltd.
                     Milton Pharmaceuticals Pty. Ltd.      Australia              -                      100,00%             100,00%                      -                  - Milton Pharmaceuticals Pty. Ltd.
                     A.C.N. 010 040 598 Pty. Ltd.          Australia              -                      100,00%             100,00%                      -                  -       A.C.N. 010 040 598 Pty. Ltd.
                     LJM (NSW) Pty. Ltd.                   Australia              -                      100,00%             100,00%                      -                  -                LJM (NSW) Pty. Ltd.
                     Probiotec (NSW) Pty. Ltd.             Australia              -                      100,00%             100,00%                      -                  -          Probiotec (NSW) Pty. Ltd.
                     Probiotec (QLD) Pty. Ltd              Australia              -                      100,00%             100,00%                      -                  -           Probiotec (QLD) Pty. Ltd.
                     Probiotec Nutritionals Pty. Ltd       Australia              -                      100,00%             100,00%                      -                  -     Probiotec Nutritionals Pty. Ltd.
                     Probiotec Pharmaceuticals                                                                                                                                         Probiotec Pharmaceuticals
                           Pty. Ltd.                       Australia              -                      100,00%             100,00%                      -                  -                         Pty. Ltd.
1)
     Kepemilikan tidak langsung melalui PHSG sejak 22 Mei 2024, sebelumnya kepemilikan langsung oleh Perusahaan/Indirect ownership through PHSG since May 22, 2024, previously direct ownership by the Company



                                                                                                               14
Page 302
                                                                  The original consolidated financial statements included herein
                                                                                                    are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                             PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                               AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                            NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                             FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
             (Disajikan dalam Rupiah,                                           (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                         Unless Otherwise Stated)


1.   UMUM (lanjutan)                                             1.   GENERAL (continued)

     e.   Susunan Entitas Anak (lanjutan)                             e.   Subsidiaries’s Structure (continued)

          PYFA Health Singapore Pte. Ltd. (“PHSG”)                         PYFA Health Singapore Pte. Ltd. (“PHSG”)

          PHSG didirikan berdasarkan hukum negara                          PHSG was established under the laws of
          Singapura pada tanggal 4 Agustus 2020                            Singapore on August 4, 2020 with UEN number
          dengan nomor UEN 202022701K sesuai                               202022701K in accordance with the Certificate
          dengan Sertifikat Pendirian yang diterbitkan                     of Establishment issued by the Accounting and
          oleh Accounting and Corporate Regulatory                         Corporate Regulatory Authority (“ACRA”) No.
          Authority (“ACRA”) No. ACRA201015179404                          ACRA201015179404 dated October 15, 2020.
          tanggal 15 Oktober 2020. PHSG telah                              PHSG has undergone a change in business
          mengalami perubahan atas kegiatan usaha                          activities to other holding companies based on
          menjadi other holding companies berdasarkan                      the BizFile document on Business Profile dated
          dokumen BizFile tentang Business Profile                         May 20, 2024 issued by ACRA.
          tanggal 20 Mei 2024 yang diterbitkan oleh
          ACRA.

          PT Pyfa Sehat Indonesia (“PSI”)                                  PT Pyfa Sehat Indonesia (“PSI”)

          PSI didirikan pada tanggal 22 Maret 2021 oleh                    PSI was established in March 22, 2021 by the
          Perusahaan. PSI bergerak di bidang                               Company. PSI engaged in retail trade in
          perdagangan eceran produk farmasi. PSI                           pharmaceutical products. PSI has not start its
          belum beroperasi secara komersial.                               commercial operations.

          Pyfa Australia Pty Ltd (“PAPL”)                                  Pyfa Australia Pty Ltd (“PAPL”)

          PAPL didirikan berdasarkan hukum negara                          PAPL was established under the laws of
          Australia pada tanggal 1 November 2023,                          Australia on November 1, 2023, registered with
          terdaftar dengan Nomor ACN 672617588                             ACN      Number      672617588     under    the
          berdasarkan Undang-Undang Korporasi tahun                        Corporations Act 2001 issued by the Australian
          2001 yang dikeluarkan oleh Australian                            Securities & Investments Commission and
          Securities & Investments Commission dan di                       registered in Victoria. PAPL has its address at
          daftarkan di Victoria. PAPL berkedudukan di                      South Tower, Collins Street, Melbourne,
          South Tower, Collins Street, Melbourne,                          Australia. On May 22, 2024, PAPL was fully
          Australia. Pada tanggal 22 Mei 2024, PAPL                        acquired by PHSG with a capitalization of
          telah diambil alih sepenuhnya oleh PHSG                          ordinary shares capital amounting to AU$2 and
          dengan      permodalan    adalah    ordinary                     redeemable preferences shares amounted to
          shares sebesar $AU2 dan redeemable                               AU$99,575,108 with 100% percentage of
          preference       shares      $AU99.575.108                       ownership.
          dengan     persentase kepemilikan     100%.

          Pada tanggal 18 November 2025, PAPL                              On November 18, 2025, PAPL entered into a
          menandatangani         Share       Subscription                  Share Subscription Agreement with SMG
          Agreement dengan SMG Management Limited,                         Management Limited, for the subscription of
          untuk penyertaan redeemable convertible                          PAPL’s redeemable convertible Class B
          Class    B    preference    shares    sebesar                    preference       shares      amounting       to
          $AU20.000.000       atau     setara    dengan                    AU$20,000,000        or      equivalent      to
          Rp218.180.000.000, yang dicatat sebagai                          Rp218,180,000,000, which is recorded as part
          bagian dari akun “Kepentingan Nonpengendali”                     of “Non-controlling Interests” account in the
          pada laporan posisi keuangan konsolidasian                       consolidated statement of financial position as
          pada tanggal 31 Desember 2025. Saham                             of December 31, 2025. The preference shares
          preferen tersebut tidak memiliki jatuh tempo                     has no maturity and subject to optional
          dan dapat dilunasi sewaktu-waktu oleh PAPL.                      redemption by PAPL. SMG is also able to
          SMG juga dapat sewaktu-waktu mengkonversi                        convert the preference shares into ordinary
          saham preferen tersebut menjadi saham biasa                      shares of PAPL at any time.
          PAPL.




                                                            15
Page 303
                                                                  The original consolidated financial statements included herein
                                                                                                    are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                             PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                               AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                            NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                             FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
             (Disajikan dalam Rupiah,                                           (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                         Unless Otherwise Stated)


1.   UMUM (lanjutan)                                             1.   GENERAL (continued)

     e.   Susunan Entitas Anak (lanjutan)                             e.   Subsidiaries’s Structure (continued)

          PT Pyfa Investama Medika (“PIM”)                                 PT Pyfa Investama Medika (“PIM”)

          PIM didirikan pada tanggal 23 Maret 2021 oleh                    PIM was established in March 23, 2021 by the
          Perusahaan. Maksud dan tujuan PIM berusaha                       Company. The purpose and objectives of PIM
          dalam bidang antara lain Aktivitas Perusahaan                    are to engage, among others, in activities as a
          Holding.                                                         holding company.

          PT Pyfa Aetheria Indonesia (“PAI”)                               PT Pyfa Aetheria Indonesia (“PAI”)

          PAI didirikan pada tanggal 23 Maret 2021                         PAI was established by the Company on March
          dengan nama PT Pyfa Medika Indonesia oleh                        23, 2021, under the name PT Pyfa Medika
          Perusahaan dan pada 21 November 2023                             Indonesia. It changed its name to PT Pyfa
          berubah nama menjadi PT Pyfa Aetheria                            Aetheria Indonesia on November 21, 2023. PAI
          Indonesia. PAI bergerak di bidang perdagangan                    operates in the wholesale trade of household
          besar barang keperluan rumah tangga,                             goods, other specialized wholesale trade, and
          perdagangan besar khusus lainnya, dan                            job training. PAI has not yet commenced
          pelatihan kerja. PAI belum beroperasi secara                     commercial operations.
          komersial.

          PT Holi Pharma (“HOLI”)                                          PT Holi Pharma (“HOLI”)

          HOLI didirikan pada tahun 1974 dan diakuisisi                    HOLI was established in 1974 and was
          oleh Perusahaan pada tanggal 28 Desember                         acquired by the Company on December 28,
          2021. HOLI bergerak di bidang manufaktur dan                     2021. HOLI engaged in manufacturing and
          distribusi produk farmasi.                                       distribution of pharmaceutical products.

          PT Ethica Industri Farmasi (“ETHICA”)                            PT Ethica Industri Farmasi (“ETHICA”)

          Ethica didirikan pada tahun 1946 dan diakuisisi                  Ethica was established in 1946 and was
          oleh Perusahaan pada tanggal 29 Juli 2022.                       acquired by the Company on July 29, 2022.
          Ethica bergerak di bidang manufaktur dan                         Ethica engaged in manufacturing and
          distribusi produk farmasi.                                       distribution of pharmaceutical products.

          Probiotec Pty. Ltd. (“PBP”)                                      Probiotec Pty. Ltd. (“PBP”)

          Pada tanggal 22 Desember 2023, Perusahaan                        On December 22, 2023, the Company entered
          menandatangani Scheme Implementation                             into a Scheme Implementation Deed to acquire
          Deed untuk mengakuisisi 100% saham beredar                       100% outstanding shares of Probiotec Limited
          dari Probiotec Limited (“PBP”) dengan harga                      (“PBP”) with purchase price of AU$3 per share.
          pembelian sebesar $AU3 per saham. Probiotec                      Probiotec Limited and its subsidiaries engaged
          Limited dan entitas anaknya bergerak di bidang                   in the manufacturing and packaging of
          manufaktur dan pengemasan produk-produk                          prescription        and        over-the-counter
          farmasi yang dijual dengan resep maupun dijual                   pharmaceutical products. On June 5, 2024, the
          bebas. Pada tanggal 5 Juni 2024, akuisisi                        acquisition is completed and the Company
          tersebut telah selesai dan Perusahaan                            acquired 100% equity ownership of Probiotec
          mengakuisisi     100%     kepemilikan     pada                   Limited, with total acquisition cost of AU$251
          Probiotec Limited, dengan total nilai akuisisi                   million (or equivalent to Rp2.7 trillion).
          sebesar $AU251 juta (atau setara dengan
          Rp2,7 triliun).




                                                            16
Page 304
                                                                    The original consolidated financial statements included herein
                                                                                                      are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                                PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                               NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                                FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                        As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                  and for the Year Then Ended
             (Disajikan dalam Rupiah,                                              (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                            Unless Otherwise Stated)


1.   UMUM (lanjutan)                                               1.    GENERAL (continued)

     e.   Susunan Entitas Anak (lanjutan)                                e.   Subsidiaries’s Structure (continued)

          Probiotec Pty. Ltd. (“PBP”) (lanjutan)                              Probiotec Pty. Ltd. (“PBP”) (continued)

          Nilai wajar dari aset dan liabilitas PBP yang                       The fair value of PBP’s identifiable assets and
          dapat diidentifikasi pada tanggal akuisisi adalah                   liabilities as of the acquisition date is as follows:
          sebagai berikut:

                                                     Nilai Wajar pada
                                                     Tanggal Akuisisi/
                                                       Fair Value at
                                                     Acquisition Date

          Kas dan setara kas                            143.388.811.325                               Cash and cash equivalents
          Piutang                                       398.570.408.726                                     Accounts receivable
          Piutang pinjaman karyawan                     132.226.431.221                                Employee loan receivable
          Persediaan                                    211.500.464.113                                               Inventories
          Biaya dibayar di muka                          12.473.621.690                                       Prepaid expenses
          Aset tetap                                    373.693.050.637                                             Fixed assets
          Aset takberwujud                              958.548.790.720                                        Intangible assets
          Aset hak-guna                                 378.993.098.175                                      Right-of-use assets
          Aset pajak tangguhan                           19.785.282.396                                     Deferred tax assets

          Total aset                                   2.629.179.959.003                                            Total assets

          Utang usaha                                   235.171.701.296                                         Trade payables
          Utang lain-lain                                49.727.916.559                                         Other payables
          Utang dividen                                  32.757.942.163                                     Dividend payables
          Beban akrual                                   41.280.962.350                                     Accrued expenses
          Utang pajak                                    10.088.392.653                                          Taxes payable
          Utang bank                                    501.096.573.000                                             Bank loans
          Liabilitas pajak tangguhan                    353.750.234.533                                   Deferred tax liabilities
          Liabilitas sewa                               378.993.098.175                                         Lease liabilities
          Liabilitas imbalan kerja karyawan              99.839.001.529                              Employee benefits liabilities
          Total liabilitas                             1.702.705.822.258                                         Total liabilities

          Aset neto pada tanggal akuisisi                926.474.136.745                         Net assets at acquisition date
          Goodwill yang timbul dari akuisisi           1.773.112.143.328                         Goodwill arising from acquisition
          Total imbalan yang dibayarkan                2.699.586.280.073                               Total consideration paid


          Setelah akuisisi tersebut, Probiotec Limited                        After the acquisition, Probiotec Limited is no
          sudah bukan merupakan Perusahaan yang                               longer a company listed in Australian Securities
          terdaftar pada Australian Securities Exchange,                      Exchange and changed its name into Probiotec
          dan mengganti namanya menjadi Probiotec                             Pty. Ltd. on August 23, 2024.
          Pty. Ltd. pada tanggal 23 Agustus 2024.

          PT Medika Inovasi Nusantara (“MIN”)                                 PT Medika Inovasi Nusantara (“MIN”)

          Berdasarkan Akta Notaris Mudita Chitta Odang,                       Based on the Notary Deed of Mudita Chitta
          S.H., M.Kn., No. 4 tanggal 20 Februari 2025,                        Odang,     S.H.,   M.Kn.,     No.   4     dated
          Perusahaan dan PSI mendirikan MIN, dimana                           February 20, 2025, the Company and PSI
          Perusahaan memiliki 99,9% kepemilikan pada                          established MIN, in which the Company owned
          MIN. Sesuai Anggaran Dasar, maksud dan                              99.9% of ownership interest in MIN. In
          tujuan MIN adalah berusaha di bidang Aktivitas                      accordance with the Articles of Association, the
          Pemrograman, Konsultasi Komputer dan                                aims and objectives of MIN are to engage in the
          kegiatan yang berhubungan dengan itu.                               following fields Programming Activities,
                                                                              Computer Consulting, and activities related to
                                                                              that.



                                                              17
Page 305
                                                                 The original consolidated financial statements included herein
                                                                                                   are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                            PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                              AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                           NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                            FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                              and for the Year Then Ended
             (Disajikan dalam Rupiah,                                          (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                        Unless Otherwise Stated)


1.   UMUM (lanjutan)                                            1.   GENERAL (continued)

     e.   Susunan Entitas Anak (lanjutan)                            e.   Subsidiaries’s Structure (continued)

          PT Medika Inovasi Nusantara (“MIN”) (lanjutan)                  PT Medika         Inovasi    Nusantara       (“MIN”)
                                                                          (continued)

          Modal yang disetorkan oleh Perusahaan dan                       The capital contribution made by the Company
          PSI     masing-masing    adalah   sebesar                       and PSI is amounted Rp3,496,500,000 and
          Rp3.496.500.000 dan Rp3.500.000. Pada                           Rp3,500,000, respectively. In May 2025, MIN
          bulan Mei 2025, MIN telah memulai kegiatan                      will have commenced its operations.
          operasinya.

     f.   Penyelesaian        Laporan        Keuangan                f.   Completion       of   Consolidated        Financial
          Konsolidasian                                                   Statements

          Manajemen      bertanggung      jawab     atas                  The management of the Company is
          penyusunan dan penyajian wajar laporan                          responsible for the preparation and fair
          keuangan konsolidasian ini sesuai dengan                        presentation of these consolidated financial
          Standar Akuntansi Keuangan di Indonesia yang                    statements in accordance with Indonesian
          diselesaikan dan diotorisasi untuk diterbitkan                  Financial Accounting Standards which were
          oleh Direksi Perusahaan pada tanggal                            completed and authorized for issuance by the
          31 Maret 2026.                                                  Board of Directors on March 31, 2026.


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                     2.   SUMMARY MATERIAL ACCOUNTING POLICIES
     MATERIAL                                                        INFORMATION

     a.   Dasar   Penyajian      Laporan     Keuangan                a.   Basis of Presentation of the Consolidated
          Konsolidasian                                                   Financial Statements

          Laporan keuangan konsolidasian telah disusun                    The consolidated financial statements have
          sesuai dengan Standar Akuntansi Keuangan di                     been prepared in accordance with Indonesian
          Indonesia, yang mencakup Pernyataan dan                         Financial Accounting       Standards,   which
          Interpretasi yang dikeluarkan oleh Dewan                        comprise the Statements and Interpretations
          Standar Akuntansi Keuangan Ikatan Akuntan                       issued by the Financial Accounting Standards
          Indonesia (“DSAK IAI”) dan Peraturan-                           Board of the Institute of Indonesia Chartered
          Peraturan serta Pedoman Penyajian dan                           Accountants (Dewan Standar Akuntansi
          Pengungkapan Laporan Keuangan yang                              Keuangan Ikatan Akuntan Indonesia or DSAK
          diterbitkan oleh Otoritas Jasa Keuangan                         IAI) and the Regulations and Guidelines on
          (“OJK”).                                                        Financial    Statement     Presentation   and
                                                                          Disclosures issued by Financial Services
                                                                          Authority (Otoritas Jasa Keuangan or “ OJK”).

          Laporan keuangan konsolidasian disusun                          The consolidated financial statements have
          berdasarkan konsep akrual, kecuali laporan                      been prepared on the accrual basis, except for
          arus kas konsolidasian, dengan menggunakan                      the consolidated statement of cash flows, using
          konsep biaya historis, kecuali seperti yang                     the historical cost concept of accounting, except
          disebutkan dalam Catatan atas laporan                           as disclosed in the relevant Notes to the
          keuangan konsolidasian yang relevan.                            consolidated financial statements herein.

          Tahun      buku     Grup    adalah        dari                  The financial reporting period of the Group is
          1 Januari sampai 31 Desember.                                   from January 1 to December 31.

          Mata uang pelaporan yang digunakan dalam                        The reporting currency used in the financial
          laporan keuangan adalah Rupiah, yang                            statements is the Indonesian Rupiah (“Rupiah”;
          merupakan mata uang fungsional Perusahaan.                      “Rp”), which is the Company’s functional
                                                                          currency.



                                                           18
Page 306
                                                                  The original consolidated financial statements included herein
                                                                                                    are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                             PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                               AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                            NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                             FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
             (Disajikan dalam Rupiah,                                           (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                         Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.   SUMMARY MATERIAL ACCOUNTING POLICIES
     MATERIAL                                                         INFORMATION
     a.   Dasar   Penyajian     Laporan       Keuangan                a.   Basis of Presentation of the Consolidated
          Konsolidasian (lanjutan)                                         Financial Statements (continued)
          Laporan arus kas konsolidasian yang disajikan                    The consolidated statement of cash flows,
          dengan menggunakan metode langsung,                              which have been prepared using the direct
          menyajikan penerimaan dan pengeluaran kas                        method, present receipts and disbursements of
          dan setara kas yang diklasifikasikan ke dalam                    cash and cash equivalents classified into
          aktivitas operasi, investasi dan pendanaan.                      operating, investing and financing activities.
          Kebijakan akuntansi yang diterapkan oleh Grup                    The accounting policies adopted by the Group
          adalah selaras bagi tahun yang dicakup oleh                      are consistently applied for the years covered
          laporan keuangan konsolidasian, kecuali untuk                    by the consolidated financial statements,
          standar akuntansi baru dan revisi seperti                        except for new and revised accounting
          diungkapkan pada Catatan 2b dibawah ini.                         standards as disclosed in the following Note 2b.
          Grup telah menyusun laporan keuangan                             The Group has prepared the consolidated
          konsolidasian dengan dasar bahwa Grup akan                       financial statements on the basis that it will
          terus beroperasi secara berkesinambungan.                        continue to operate as a going concern.
     a.   Perubahan Standar Akuntansi                                 b.   Changes in Accounting Standards
          Grup menerapkan untuk pertama kalinya                            The Group applied for the first-time certain
          beberapa standar dan amandemen tertentu                          standards and amendments, which are
          yang efektif untuk periode tahunan yang dimulai                  effective for annual periods beginning on or
          pada atau setelah 1 Januari 2025 (kecuali                        after January 1, 2025 (unless otherwise stated).
          dinyatakan lain). Grup tidak melakukan                           The Group has not early adopted any other
          penerapan dini atas standar, interpretasi, atau                  standard, interpretation or amendment that has
          amandemen lain yang telah diterbitkan namun                      been issued but is not yet effective.
          belum efektif.
          Amandemen       PSAK      221:   Kekurangan                      Amendment of           PSAK      221:    Lack     of
          Ketertukaran                                                     Exchangeability
          Amandemen tersebut menetapkan bagaimana                          The amendments specifies how an entity
          entitas harus menilai apakah suatu mata uang                     should assess whether a currency is
          dapat dipertukarkan serta bagaimana entitas                      exchangeable and how it should determine a
          harus     menentukan     kurs    spot   ketika                   spot exchange rate when exchangeability is
          ketertukaran (exchangeability) tidak tersedia.                   lacking. The amendments also require
          Amandemen tersebut juga mensyaratkan                             disclosure of information that enables users of
          pengungkapan informasi yang memungkinkan                         its financial statements to understand how the
          pengguna laporan keuangan untuk memahami                         currency not being exchangeable into the other
          bagaimana ketidakmampuan mata uang                               currency affects, or is expected to affect, the
          tersebut untuk dipertukarkan dengan mata                         entity’s financial performance, financial position
          uang lainnya memengaruhi, atau diharapkan                        and cash flows.
          akan memengaruhi, kinerja keuangan, posisi
          keuangan, dan arus kas entitas.
          Amandemen ini tidak berdampak terhadap                           This amendment did not have any impact on the
          laporan keuangan konsolidasian Grup.                             Group’s consolidated financial statements.
     c.   Prinsip-prinsip Konsolidasi                                 c.   Principles of Consolidation
           Laporan keuangan konsolidasian meliputi                         The consolidated financial statements comprise
          laporan keuangan Perusahaan dan entitas-                         the financial statements of the Company and its
          entitas anak. Kendali diperoleh bila Grup                        subsidiaries. Control is achieved when
          terekspos atau memiliki hak atas imbal hasil                     the Group is exposed, or has rights, to variable
          variabel dari keterlibatannya dengan investee                    returns from its involvement with the investee
          dan memiliki kemampuan untuk mempengaruhi                        and has the ability to affect those returns
          imbal hasil tersebut melalui kekuasaannya atas                   through its power over the investee.
          investee.

                                                            19
Page 307
                                                                   The original consolidated financial statements included herein
                                                                                                     are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                                  PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                    AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                                 NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                                  FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                          As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                    and for the Year Then Ended
             (Disajikan dalam Rupiah,                                                (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                              Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2.   SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                               POLICIES INFORMATION (continued)

     c.   Prinsip-prinsip Konsolidasi (lanjutan)                       c.   Principles of Consolidation (continued)

           Dengan demikian, investor mengendalikan                          Thus, the Group controls an investee if and only
          investee jika dan hanya jika investor memiliki                    if the Group has all of the following:
          seluruh hal berikut ini:

          i)   Kekuasaan atas investee, yaitu hak yang                            i)   Power over the investee, that is existing
               ada saat ini yang memberi investor                                      rights that give the Group current ability to
               kemampuan kini untuk mengarahkan                                        direct the relevant activities of the
               aktivitas relevan dari investee,                                        investee,
           ii) Eksposur atau hak atas imbal hasil variabel                        ii) Exposure, or rights, to variable returns
               dari keterlibatannya dengan investee, dan                               from its involvement with the investee, and
          iii) Kemampuan          untuk       menggunakan                         iii) The ability to use its power over the
               kekuasaannya       atas    investee  untuk                              investee to affect its returns.
               mempengaruhi jumlah imbal hasil.

          Bila Grup tidak memiliki hak suara atau hak                       When the Group has less than a majority of the
          serupa secara mayoritas atas suatu investee,                      voting or similar rights of an investee, the Group
          Grup mempertimbangkan semua fakta dan                             considers all relevant facts and circumstances
          keadaan yang relevan dalam mengevaluasi                           in assessing whether it has power over an
          apakah mereka memiliki kekuasaan atas                             investee, including:
          investee, termasuk:

          i.     Pengaturan kontraktual dengan pemilik                      i.         The contractual arrangements with the
                 hak suara lainnya dari investee;                                      other vote holders of the investee;
          ii.    Hak yang timbul atas pengaturan                            ii.        Rights arising from other contractual
                 kontraktual lain; dan                                                 arrangements; and
          iii.   Hak suara dan hak suara potensial yang                     iii.       The Group’s voting rights and potential
                 dimiliki Grup.                                                        voting rights.

          Grup menilai kembali apakah mereka                                The Group re-assesses whether or not it
          mengendalikan investee bila fakta dan keadaan                     controls an investee if facts and circumstances
          mengindikasikan adanya perubahan terhadap                         indicate that there are changes to one or more
          satu atau lebih dari ketiga elemen dari                           of the three elements of control. Consolidation
          pengendalian. Konsolidasi atas entitas-entitas                    of a subsidiary begins when the Group obtains
          anak dimulai sejak Grup memperoleh                                control over the subsidiary and ceases when
          pengendalian atas entitas anak dan berakhir                       the Group loses control of the subsidiary.
          pada saat Grup kehilangan pengendalian atas                       Assets, liabilities, income and expenses of a
          entitas anak. Aset, liabilitas, penghasilan dan                   subsidiary acquired during the year are
          beban dari entitas anak yang diakuisisi pada                      included in the consolidated financial
          tahun tertentu disertakan dalam laporan                           statements from the date the Group gains
          keuangan konsolidasian sejak tanggal Grup                         control until the date the Group ceases to
          memperoleh kendali sampai tanggal Grup tidak                      control the subsidiary.
          lagi mengendalikan entitas anak tersebut.

          Seluruh laba rugi dan setiap komponen                             Profit or loss and each component of other
          penghasilan      komprehensif     lain   (“PKL”)                  comprehensive income (“OCI”) are attributed to
          diatribusikan pada pemilik entitas induk dan                      the equity holders of the parent of the Group
          pada kepentingan nonpengendali (“KNP”),                           and to the non-controlling interests (“NCI”),
          walaupun hal ini akan menyebabkan saldo KNP                       even if this results in the NCI having a deficit
          yang defisit. Bila dipandang perlu, penyesuaian                   balance. When necessary, adjustments are
          dilakukan terhadap laporan keuangan entitas                       made to the financial statements of subsidiaries
          anak untuk diselaraskan dengan kebijakan                          to bring their accounting policies into line with
          akuntansi Grup.                                                   the Group’s accounting policies.




                                                             20
Page 308
                                                                    The original consolidated financial statements included herein
                                                                                                      are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                               PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                              NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                               FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                 and for the Year Then Ended
             (Disajikan dalam Rupiah,                                             (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2.   SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)
     c.   Prinsip-prinsip Konsolidasi (lanjutan)                        c.   Principles of Consolidation (continued)
          Seluruh aset dan liabilitas, ekuitas, penghasilan                  All intra-group assets and liabilities, equity,
          dan beban dan arus kas atas transaksi antar                        income, expenses and cash flows relation to
          anggota Grup dieliminasi sepenuhnya pada                           transactions between members of the Group
          saat konsolidasi.                                                  are eliminated in full on consolidation.
          Perubahan dalam bagian kepemilikan entitas                         A change in the parent’s ownership interest in a
          induk pada entitas anak yang tidak                                 subsidiary, without a loss of control, is
          mengakibatkan hilangnya pengendalian, dicatat                      accounted for as an equity transaction. If the
          sebagai transaksi ekuitas. Bila kehilangan                         Group loses control over a subsidiary, it
          pengendalian atas suatu entitas anak, maka                         derecognizes the related assets (including
          Grup menghentikan pengakuan atas aset                              goodwill), liabilities, NCI and other component
          (termasuk goodwill), liabilitas dan komponen                       of equity, while the difference is recognized in
          lain dari ekuitas terkait, dan selisihnya diakui                   the profit or loss. Any investment retained is
          pada laba rugi. Bagian dari investasi yang                         recognized at fair value.
          tersisa diakui pada nilai wajar.
     d.   Saldo dan Transaksi dengan Pihak-pihak                        d.   Balances and Transactions with Related
          Berelasi                                                           Parties
          Grup mempunyai saldo dan transaksi dengan                          The Group have balances and transactions with
          pihak-pihak berelasi sebagaimana didefinisikan                     related parties as defined in PSAK 224 “Related
          pada PSAK 224 “Pengungkapan pihak-pihak                            party disclosures”.
          berelasi”.
          Saldo dan transaksi dengan pihak-pihak                             Balances and transactions with related parties
          berelasi dilakukan berdasarkan persyaratan                         are made based on terms agreed by the parties,
          yang disetujui oleh kedua belah pihak, dimana                      in which such terms may not be the same as
          persyaratan tersebut mungkin tidak sama                            those of the transactions between unrelated
          dengan transaksi lain yang dilakukan dengan                        parties.
          pihak-pihak yang tidak berelasi.
     e.   Pengukuran Nilai Wajar                                        e. Fair Value Measurement
          Grup juga mengukur pada pengakuan awal                             The Group also initially measures financial
          instrumen keuangan, dan aset dan liabilitas                        instruments, and assets and liabilities of the
          yang diperoleh melalui kombinasi bisnis pada                       acquirees upon business combinations at fair
          nilai wajar. Grup juga mengukur jumlah                             value. They also measure certain recoverable
          terpulihkan dari Unit Penghasil Kas (“UPK”)                        amounts of the Cash Generating Unit (“CGU”)
          tertentu berdasarkan nilai wajar dikurangi biaya                   using Fair Value Less Cost of Disposal
          pelepasan, dan aset keuangan tertentu pada                         (“FVLCD”) and certain Financial Assets at Fair
          Nilai Wajar melalui Penghasilan Komprehensif                       Value Through Other Comprehensive Income
          Lain (“NWPKL”).                                                    (“FVOCI”).

          Nilai wajar adalah harga yang akan diterima                        Fair value is the price that would be received to
          dari menjual suatu aset atau harga yang akan                       sell an asset or paid to transfer a liability in an
          dibayar untuk mengalihkan suatu liabilitas                         orderly transaction between market participants
          dalam transaksi teratur antara pelaku pasar                        at the measurement date. The fair value
          pada tanggal pengukuran. Pengukuran nilai                          measurement is based on the presumption that
          wajar mengasumsikan bahwa transaksi untuk                          the transaction to sell the asset or transfer the
          menjual aset atau mengalihkan liabilitas terjadi:                  liability takes place either:
          i) Di pasar utama untuk aset atau liabilitas                        i)     In the principal market for the asset or
               tersebut, atau                                                        liability, or
          ii) Jika tidak terdapat pasar utama, di pasar                       ii)    In the absence of a principal market, in the
              yang paling menguntungkan untuk aset                                   most advantageous market for the asset
              atau liabilitas tersebut.                                              or liability.



                                                              21
Page 309
                                                                   The original consolidated financial statements included herein
                                                                                                     are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                                 PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                   AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                                NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                                 FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                         As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                   and for the Year Then Ended
             (Disajikan dalam Rupiah,                                               (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                             Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2.   SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                               POLICIES INFORMATION (continued)

     e.   Pengukuran Nilai Wajar (lanjutan)                            e. Fair Value Measurement (continued)

          Pasar utama atau pasar yang paling                               The principal or the most advantageous market
          menguntungkan tersebut harus dapat diakses                       must be accessible to by the Group.
          oleh Grup.

          Nilai wajar dari aset atau liabilitas diukur                     The fair value of an asset or a liability is
          dengan menggunakan asumsi yang akan                              measured using the assumptions that market
          digunakan pelaku pasar ketika menentukan                         participants would use when pricing the asset or
          harga aset atau liabilitas tersebut, dengan                      liability, assuming that market participants act in
          asumsi bahwa pelaku pasar bertindak dalam                        their economic best interest.
          kepentingan ekonomi terbaiknya.

          Pengukuran nilai wajar dari suatu aset                           A fair value measurement of a non-financial
          nonkeuangan memperhitungkan kemampuan                            asset takes into account a market participant's
          pelaku pasar untuk menghasilkan manfaat                          ability to generate economic benefits by using
          ekonomik dengan menggunakan aset dalam                           the asset in its highest and best use or by selling
          penggunaan tertinggi dan terbaiknya atau                         it to another market participant that would use
          dengan menjualnya kepada pelaku pasar lain                       the asset in its highest and best use.
          yang akan menggunakan aset tersebut pada
          penggunaan tertinggi dan terbaiknya.

          Grup menggunakan teknik penilaian yang                           The Group uses valuation techniques that are
          sesuai dengan keadaan dan data yang                              appropriate in the circumstances and for which
          memadai tersedia untuk mengukur nilai wajar,                     sufficient data are available to measure fair
          dengan memaksimalkan masukan (input) yang                        value, maximizing the use of relevant
          dapat diamati (observable) yang relevan dan                      observable inputs and minimizing the use of
          meminimalkan masukan (input) yang tidak                          unobservable inputs.
          dapat diamati (unobservable).

          Semua aset dan liabilitas yang nilai wajarnya                    All assets and liabilities for which fair value is
          diukur atau diungkapkan dalam laporan                            measured or disclosed in the consolidated
          keuangan konsolidasian dikategorikan dalam                       financial statements are categorized within the
          hierarki nilai wajar berdasarkan level masukan                   fair value hierarchy, described as follows, based
          (input) paling rendah yang signifikan terhadap                   on the lowest level input that is significant to the
          pengukuran nilai wajar secara keseluruhan                        fair value measurement as a whole:
          sebagai berikut:

          i)   Level 1 - Harga kuotasian (tanpa                            i)    Level 1 - Quoted (unadjusted) market prices
               penyesuaian) di pasar aktif untuk aset atau                       in active markets for identical assets or
               liabilitas yang identik yang dapat diakses                        liabilities.
               entitas pada tanggal pengukuran.
          ii) Level 2 - Teknik penilaian yang                              ii) Level 2 - Valuation techniques for which the
               menggunakan tingkat masukan (input)                             lowest level input that is significant to the fair
               yang paling rendah yang signifikan                              value measurement is directly or indirectly
               terhadap pengukuran nilai wajar yang dapat                      observable.
               diamati (observable) baik secara langsung
               atau tidak langsung.
          iii) Level 3 - Teknik penilaian yang                             iii) Level 3 - Valuation techniques for which the
               menggunakan tingkat masukan (input) yang                         lowest level input that is significant to the fair
               paling rendah yang signifikan terhadap                           value measurement is unobservable.
               pengukuran nilai wajar yang tidak dapat
               diamati (unobservable).




                                                             22
Page 310
                                                                     The original consolidated financial statements included herein
                                                                                                       are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                                PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                               NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                                FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                        As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                  and for the Year Then Ended
             (Disajikan dalam Rupiah,                                              (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                            Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                         2.   SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued)
     e.   Pengukuran Nilai Wajar (lanjutan)                              e. Fair Value Measurement (continued)
          Untuk aset dan liabilitas yang diakui pada                          For assets and liabilities that are recognized in
          laporan keuangan konsolidasian secara                               the consolidated financial statements on a
          berulang, Grup menentukan apakah terdapat                           recurring basis, the Group determines whether
          perpindahan antara level dalam hierarki dengan                      transfers have occurred between levels in the
          melakukan evaluasi ulang atas penetapan                             hierarchy by re-assessing categorization (based
          kategori (berdasarkan level masukan (input)                         on the lowest level input that is significant to the
          paling rendah yang signifikan terhadap                              fair value measurement as a whole) at the end
          pengukuran nilai wajar secara keseluruhan)                          of each reporting period.
          pada tiap akhir periode pelaporan.
          Untuk tujuan pengungkapan nilai wajar, Grup                         For the purpose of fair value disclosures, the
          menentukan klasifikasi aset dan liabilitas                          Group has determined classes of assets and
          berdasarkan sifat, karakteristik dan risikonya                      liabilities on the basis of the nature,
          dan level pada hierarki nilai wajar sebagaimana                     characteristics and risks of the asset or liability
          dijelaskan diatas.                                                  and the level of the fair value hierarchy as
                                                                              explained above.

      f. Kas dan setara kas                                              f.   Cash and cash equivalents
          Kas dan setara kas dalam laporan posisi                             Cash and cash equivalents in the statements of
          keuangan konsolidasian yang terdiri dari kas                        consolidated financial position comprise cash
          dan bank serta deposito jangka pendek yang                          on hand and in banks and short-term deposits
          jatuh tempo dalam waktu 3 bulan atau kurang,                        with a maturity of three (3) months or less, that
          yang dapat segera dikonversikan menjadi kas                         are readily convertible to a known amount of
          dalam jumlah yang dapat ditentukan dan                              cash and subject to an insignificant risk of
          memiliki risiko perubahan nilai yang tidak                          changes in value.
          signifikan.
     g. Transaksi dan penjabaran mata uang asing                         g.   Foreign     currency         transaction        and
                                                                              translations
          Mata uang pelaporan yang digunakan pada                             The reporting currency used in the consolidated
          laporan keuangan konsolidasian adalah                               financial statements is Indonesian Rupiah,
          Rupiah, yang juga merupakan mata uang                               which is also each entity’s in the Group
          fungsional setiap entitas dalam Grup, kecuali                       functional currency, except for certain
          entitas anak tertentu, yaitu PAPL yang memiliki                     subsidiaries, namely PAPL whose functional
          mata uang fungsional Dolar Australia dan                            currency is Australian Dollar and PHSG with its
          PHSG dengan mata uang fungsional Dolar                              functional currency is Singapore Dollar. Each
          Singapura.     Tiap     entitas  dalam    Grup                      entity in the Group determines its own
          menentukan       mata     uang    fungsionalnya                     functional currency and their financial
          masing-masing dan laporan keuangannya                               statements are measured using that functional
          masing-masing diukur menggunakan mata                               currency.
          uang fungsional tersebut.
          Transaksi dalam mata uang asing dicatat dalam                       Transactions involving foreign currencies are
          Rupiah berdasarkan kurs yang berlaku pada                           recorded in Indonesian Rupiah at the rates of
          saat transaksi dilakukan. Pada tanggal                              exchange prevailing at the time the transactions
          pelaporan, aset dan liabilitas moneter dalam                        are made. At the reporting date, monetary
          mata uang asing dijabarkan sesuai dengan                            assets and liabilities denominated in foreign
          rata-rata kurs jual dan beli yang diterbitkan oleh                  currencies are adjusted to reflect the average of
          Bank Indonesia pada tanggal transaksi                               the selling and buying rates of exchange
          perbankan terakhir untuk periode yang                               prevailing at the last banking transaction date of
          bersangkutan, dan laba atau rugi kurs yang                          the period, as published by Bank Indonesia,
          timbul, dikreditkan atau dibebankan pada                            and any resulting gains or losses are credited
          operasi periode yang bersangkutan.                                  or charged to operations of the current period.



                                                               23
Page 311
                                                                    The original consolidated financial statements included herein
                                                                                                      are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                                PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                               NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                                FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                        As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                  and for the Year Then Ended
             (Disajikan dalam Rupiah,                                              (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                            Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2.   SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     g. Transaksi dan penjabaran mata uang asing                        g.    Foreign     currency     transaction           and
        (lanjutan)                                                            translations (continued)

          Kurs yang digunakan untuk menjabarkan aset                          The exchange rates used to translate the
          dan liabilitas moneter dalam mata uang asing                        monetary assets and liabilities denominated in
          pada tanggal 31 Desember 2025 dan 2024                              foreign currencies as of December 31, 2025
          adalah sebagai berikut:                                             and 2024 are as follows:

                                           31 Desember 2025/ Desember 31, 2024/
                                           31 December 2025 December 31, 2024

          Euro Uni Eropa                             19.753                  16.851                                European Euro
          Dolar Amerika Serikat                      16.782                  16.162                           United States Dollar
          Dolar Singapura                            13.069                  11.919                              Singapore Dollar
          Dolar Australia                            11.255                  10.082                              Australian Dollar

          Akun-akun dari entitas anak luar negeri                            The accounts of foreign subsidiaries are
          dijabarkan dari mata uang pelaporannya                             translated from its respective reporting currency
          menjadi Rupiah dengan dasar sebagai berikut:                       into Indonesian Rupiah on the following basis:
          a) Aset dan liabilitas, baik moneter maupun                        a) Assets and liabilities, both monetary and
              non-moneter,         dijabarkan      dengan                        non-monetary, are translated using the
              menggunakan kurs penutup.                                          closing rate of exchange.
          b) Pendapatan dan beban dijabarkan dengan                          b) Revenues and expenses are translated
              menggunakan kurs yang berlaku pada                                 using transactions date exchange rate or, if
              tanggal transaksi atau, bila memenuhi                              applicable, the average rate for the period.
              syarat, kurs rata-rata periode tersebut.
          c) Selisih kurs yang terjadi disajikan sebagai                     c) The resulting exchange difference is
              “Selisih kurs karena penjabaran laporan                           presented as an “Difference in foreign
              keuangan” sebagai bagian dari ekuitas                             currency translation of financial statements”
              sampai pelepasan investasi neto yang                              in the equity section until disposal of the net
              bersangkutan.                                                     investment.

     h.   Persediaan                                                    h.    Inventories

          Persediaan dinyatakan sebesar nilai yang lebih                      Inventories are valued at the lower of cost or net
          rendah antara biaya perolehan atau nilai                            realizable value. Cost is calculated using
          realisasi neto. Biaya perolehan ditentukan                          weighted-average method. Net realizable value
          dengan menggunakan metode rata-rata                                 is the estimated selling price in the ordinary
          tertimbang. Nilai realisasi neto persediaan                         course of business, less estimated costs of
          adalah estimasi harga jual dalam kegiatan                           completion and the estimated costs necessary
          usaha biasa dikurangi estimasi biaya                                to make the sale.
          penyelesaian dan estimasi biaya yang
          diperlukan untuk membuat penjualan.

          Biaya yang dikeluarkan untuk setiap produk                         Costs incurred in bringing each product to its
          agar berada pada lokasi dan kondisi siap untuk                     present location and condition are accounted for
          dijual dicatat sebagai berikut:                                    as follow:
          i) Bahan baku, suku cadang dan bahan                                i) Raw materials, spare parts and factory
              pembantu harga pembelian;                                           supplies purchase cost;
          ii) Barang jadi dan persediaan dalam proses:                        ii) Finished goods and work in-process: cost of
              biaya bahan baku dan tenaga kerja                                   direct materials and labor and a proportion
              langsung dan bagian proporsional dari                               of manufacturing overheads based on
              beban overhead berdasarkan kapasitas                                normal operating capacity but excluding
              operasi normal namun tidak termasuk biaya                           borrowing costs.
              pinjaman.




                                                              24
Page 312
                                                                   The original consolidated financial statements included herein
                                                                                                     are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                                PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                               NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                                FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                        As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                  and for the Year Then Ended
             (Disajikan dalam Rupiah,                                              (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                            Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2.   SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                               POLICIES INFORMATION (continued)
     h.   Persediaan (lanjutan)                                        h.   Inventories (continued)
          Grup menetapkan penyisihan untuk nilai                            The Group provides allowance for net realizable
          realisasi neto persediaan berdasarkan hasil                       value of inventories based on periodic reviews
          penelaahan berkala atas kondisi fisik dan nilai                   of the physical conditions and net realizable
          realisasi neto persediaan.                                        values of the inventories.
     i.   Aset tetap                                                   i.   Fixed assets
          Seluruh aset tetap awalnya diakui sebesar                         All fixed assets are initially recognized at cost,
          biaya perolehan, yang terdiri atas harga                          which comprises its purchase price and any
          perolehan dan biaya-biaya tambahan yang                           costs directly attributable in bringing the asset
          dapat diatribusikan langsung untuk membawa                        to the location and condition necessary for it to
          aset ke lokasi dan kondisi yang diinginkan                        be capable of operating in the manner intended
          supaya aset tersebut siap digunakan sesuai                        by management.
          dengan maksud manajemen.
          Setelah pengakuan awal, aset tetap dinyatakan                     Subsequent to initial recognition, fixed assets
          pada biaya perolehan dikurangi akumulasi                          are carried at cost less any subsequent
          penyusutan dan akumulasi rugi penurunan nilai.                    accumulated depreciation and impairment
                                                                            losses.
          Penyusutan bangunan dan prasarana dihitung                        Depreciation of buildings and improvements is
          berdasarkan metode garis lurus, sedangkan                         computed on a straight-line method, while
          mesin dan peralatan, peralatan kantor dan                         machinery and equipment, office equipment
          kendaraan menggunakan metode saldo                                and vehicles computed on declining balance
          menurun, dihitung berdasarkan selama masa                         method over the fixed asset’s useful life as
          manfaat aset tetap sebagai berikut:                               follows:
                                             Masa manfaat/
                                               Useful life
          Jenis aset tetap                   (Tahun/Year)         Tarif/Rates                              Type of fixed asset
          Bangunan dan prasarana                20 - 40            2,5 - 5 %                        Building and improvements
          Mesin dan peralatan                   8 - 12,5          8 - 12,5 %                              Machinery equipment
          Peralatan kantor                       4 - 10           10 - 25 %                                   Office equipment
          Kendaraan                              4 - 10           10 - 25 %                                            Vehicles

          Jumlah tercatat aset ini direviu atas penurunan                   The carrying amounts of these assets are
          nilai jika terdapat peristiwa atau perubahan                      reviewed for impairment when events or
          keadaan yang mengindikasikan bahwa jumlah                         changes in circumstances indicate that their
          tercatat mungkin tidak dapat seluruhnya                           carrying values may not be fully recoverable.
          terealisasi.
          Jumlah tercatat komponen dari suatu aset                          The carrying amount of an item of these assets
          dihentikan pengakuannya pada saat dilepaskan                      is derecognized upon disposal or when no
          atau saat sudah tidak ada lagi manfaat ekonomi                    future economic benefits are expected from its
          masa depan yang diharapkan dari penggunaan                        use or disposal. Any gain or loss arising from
          maupun pelepasannya. Keuntungan atau                              the derecognition of the asset (calculated as the
          kerugian yang timbul dari penghentian                             difference between the net disposal proceeds
          pengakuan tersebut (ditentukan sebesar selisih                    and the carrying amount of the asset) is directly
          antara jumlah hasil pelepasan neto dan jumlah                     included in the profit or loss of year the item is
          tercatatnya) dimasukkan ke dalam laba rugi                        derecognized.
          pada tahun penghentian pengakuan tersebut
          dilakukan.
          Nilai residu, umur manfaat dan metode                             The residual values, useful lives and
          penyusutan aset tetap dievaluasi setiap akhir                     depreciation method of fixed assets are
          tahun pelaporan dan disesuaikan secara                            reviewed at the end of each reporting year and
          prospektif jika dipandang perlu.                                  adjusted prospectively, if necessary.



                                                             25
Page 313
                                                                   The original consolidated financial statements included herein
                                                                                                     are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                                   PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                     AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                                  NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                                   FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                           As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                     and for the Year Then Ended
             (Disajikan dalam Rupiah,                                                 (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                               Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2.   SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                               POLICIES INFORMATION (continued)

     i.   Aset tetap (lanjutan)                                        i.        Fixed assets (continued)

          Aset tetap dalam penyelesaian dicatat sebesar                          Constructions in-progress are stated at cost,
          biaya perolehan, yang mencakup kapitalisasi                            including capitalized borrowing costs and other
          beban pinjaman dan biaya-biaya lainnya yang                            charges incurred in connection with the
          terjadi sehubungan dengan pendanaan aset                               financing of the said asset constructions. The
          tetap dalam penyelesaian tersebut. Akumulasi                           accumulated costs will be reclassified to the
          biaya perolehan akan direklasifikasi ke akun                           appropriate “Fixed Assets” account when the
          “Aset Tetap” yang bersangkutan pada saat aset                          construction is completed. Assets under
          tetap tersebut telah selesai dikerjakan dan siap                       construction are not depreciated until they fulfill
          untuk     digunakan.     Aset     tetap   dalam                        criteria for recognition as fixed assets as
          penyelesaian      tidak   disusutkan     sampai                        disclosed above.
          memenuhi syarat pengakuan sebagai aset
          tetap seperti diungkapkan di atas.
          Tanah dinyatakan sebesar biaya perolehan dan                           Land are stated at cost and not depreciated.
          tidak disusutkan.

          Tanah termasuk biaya pengurusan legal hak                              Land, including legal cost of land rights in the
          atas tanah dalam bentuk Hak Guna Usaha                                 form of Right to Cultivate (“Hak Guna Usaha” or
          (“HGU”), Hak Guna Bangunan (“HGB”) dan Hak                             “HGU”), Right to Build (“Hak Guna Bangunan”
          Pakai (“HP”) ketika tanah diperoleh pertama kali                       or “HGB”) and Right to Use (“Hak Pakai” or
          dinyatakan sebesar biaya perolehan dan tidak                           “HP”) when the land rights were acquired
          diamortisasi karena manajemen berpendapat                              initially, is stated at cost and not amortized as
          bahwa kemungkinan besar hak atas tanah                                 the management is of the opinion that it is
          tersebut dapat diperbaharui/diperpanjang pada                          probable the titles of land rights can be
          saat masa berlakunya selesai.                                          renewed/extended upon expiration.

     j.   Aset Takberwujud                                                  j.   Intangible Assets

          Aset tidak berwujud yang diperoleh secara                              Intangible assets acquired separately are
          terpisah diukur pada pengakuan awal sebesar                            measured on initial recognition at cost. The
          biaya perolehan. Biaya perolehan aset tidak                            cost of intangible assets acquired in a
          berwujud yang diperoleh dalam kombinasi                                business combination is their fair value at the
          bisnis adalah nilai wajarnya pada tanggal                              date of acquisition. Following initial
          akuisisi. Setelah pengakuan awal, aset tidak                           recognition, intangible assets are carried at
          berwujud dicatat sebesar biaya perolehan                               cost less any accumulated amortisation and
          dikurangi akumulasi amortisasi dan akumulasi                           accumulated impairment losses. Internally
          kerugian penurunan nilai. Aset takberwujud                             generated intangibles, excluding capitalized
          yang dihasilkan secara internal, tidak termasuk                        development costs, are not capitalized and
          biaya pengembangan yang dikapitalisasi, tidak                          the related expenditure is reflected in profit or
          dikapitalisasi dan pengeluaran terkait tercermin                       loss in the period in which the expenditure is
          dalam laba rugi pada periode pengeluaran                               incurred.
          tersebut terjadi.

          Masa manfaat aset tidak berwujud dinilai                               The useful lives of intangible assets are
          sebagai terbatas atau tidak terbatas.                                  assessed as either finite or indefinite.

          Aset tidak berwujud dengan umur yang                                   Intangible assets with finite lives are
          terbatas diamortisasi selama masa manfaat                              amortized over the useful economic life and
          ekonomi dan dinilai penurunan nilainya setiap                          assessed for impairment whenever there is an
          kali terdapat indikasi bahwa aset tidak berwujud                       indication that the intangible asset may be
          mungkin mengalami penurunan nilai. Periode                             impaired. The amortisation period and the
          amortisasi dan metode amortisasi untuk aset                            amortisation method for an intangible asset
          tidak berwujud dengan masa manfaat terbatas                            with a finite useful life are reviewed at least at
          ditelaah setidaknya pada setiap akhir periode                          the end of each reporting period.
          pelaporan.



                                                             26
Page 314
                                                                                The original consolidated financial statements included herein
                                                                                                                  are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                                               PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                                 AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                                              NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                                               FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                       As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                                 and for the Year Then Ended
             (Disajikan dalam Rupiah,                                                             (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                                           Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                                     2.     SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                               POLICIES INFORMATION (continued)

     j.   Aset Takberwujud (lanjutan)                                                   j. Intangible Assets (continued)

          Perubahan masa manfaat yang diharapkan                                           Changes in the expected useful life or the
          atau pola konsumsi yang diharapkan dari                                          expected pattern of consumption of future
          manfaat ekonomi masa depan yang                                                  economic benefits embodied in the asset are
          terkandung      dalam      aset   dianggap                                       considered to modify the amortisation period or
          memodifikasi periode atau metode amortisasi,                                     method, as appropriate, and are treated as
          jika sesuai, dan diperlakukan sebagai                                            changes in accounting estimates. The
          perubahan estimasi akuntansi. Beban                                              amortisation expense on intangible assets with
          amortisasi atas aset takberwujud dengan                                          finite lives is recognized in the statement of
          umur terbatas diakui dalam laporan laba rugi                                     profit or loss in the expense category that is
          dalam kategori beban yang sesuai dengan                                          consistent with the function of the intangible
          fungsi aset takberwujud tersebut.                                                assets.

          Aset takberwujud dengan masa manfaat tidak                                        Intangible assets with indefinite useful lives are
          terbatas tidak diamortisasi, tetapi diuji                                         not amortized, but are tested for impairment
          penurunan nilainya setiap tahun, baik secara                                      annually, either individually or at the cash-
          individual maupun pada tingkat unit penghasil                                     generating unit level. The assessment of
          kas. Penilaian kehidupan tidak terbatas                                           indefinite life is reviewed annually to determine
          ditinjau setiap tahun untuk menentukan                                            whether the indefinite life continues to be
          apakah kehidupan tidak terbatas terus dapat                                       supportable. If not, the change in useful life
          didukung. Jika tidak, perubahan masa                                              from indefinite to finite is made on a prospective
          manfaat dari tidak terbatas menjadi terbatas                                      basis.
          dilakukan secara prospektif.

          Aset tidak berwujud dihentikan pengakuannya                                       An intangible asset is derecognized upon
          pada saat pelepasan (yaitu, pada tanggal                                          disposal (i.e., at the date the recipient obtains
          penerima memperoleh kendali) atau ketika                                          control) or when no future economic benefits
          tidak ada manfaat ekonomi masa depan yang                                         are expected from its use or disposal. Any gain
          diharapkan      dari    penggunaan     atau                                       or loss arising upon derecognition of the asset
          pelepasannya. Keuntungan atau kerugian                                            (calculated as the difference between the net
          yang timbul dari penghentian pengakuan aset                                       disposal proceeds and the carrying amount of
          (dihitung sebagai perbedaan antara hasil                                          the asset) is included in the statement of profit
          pelepasan neto dan jumlah tercatat aset)                                          or loss.
          dimasukkan dalam laporan laba rugi.

          Ringkasan kebijakan yang diterapkan untuk                                         The summary of the policies applied to the
          aset takberwujud milik Grup adalah sebagai                                        Group’s intangible assets are as follows:
          berikut:
                                                                                  Kontrak dan
                                                                                   Hubungan
                                                                                 Pelanggan dan
                                                                                  Produk yang
                                                                                 Dikembangkan/
                                                             Merek dagang      Customer Contracts
                                                              dan Lisensi/      and Relationships
                                                             Trademark and       and Developed
                                           Goodwill             Licenses            Products             Software
                                        Tidak terbatas/
          Umur manfaat                     Indefinite        10 tahun/year      4 - 15 tahun/year     8 - 10 tahun/year             Useful lives

                                       Tidak diamortisasi/    Garis lurus/           Garis lurus/       Garis lurus/
          Metode amortisasi              Not amortized        Straight-line          Straight-line      Straight-line      Amortization method

          Dihasilkan secara internal    Dari pembelian/      Dari pembelian/     Dari pembelian/       Dari pembelian/      Internally generated
             atau dari pembelian          Purchased            Purchased           Purchased             Purchased              or purchased




                                                                          27
Page 315
                                                                    The original consolidated financial statements included herein
                                                                                                      are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                               PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                              NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                               FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                 and for the Year Then Ended
             (Disajikan dalam Rupiah,                                             (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                         2.   SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued)
     k.   Kombinasi Bisnis dan Goodwill                                  k. Business Combinations and Goodwill
          Kombinasi bisnis dicatat dengan menggunakan                       Business combinations are accounted for using
          metode akuisisi. Biaya perolehan dari sebuah                      the acquisition method. The cost of an
          akuisisi diukur pada nilai agregat imbalan yang                   acquisition is measured as the aggregate of the
          dialihkan, diukur pada nilai wajar pada tanggal                   consideration    transferred,   measured      at
          akuisisi dan jumlah setiap KNP pada pihak yang                    acquisition date fair value, and the amount of
          diakuisisi. Untuk setiap kombinasi bisnis, Grup                   any NCI in the acquiree. For each business
          memilih apakah mengukur KNP pada entitas                          combination, the Group elects whether it
          yang diakuisisi baik pada nilai wajar ataupun                     measures the NCI in the acquiree either at fair
          pada proporsi kepemilikan KNP atas aset neto                      value or at the proportionate share of the
          yang teridentifikasi dari entitas yang diakuisisi.                acquiree’s identifiable net assets. Acquisition
          Biaya-biaya akuisisi yang timbul dibebankan                       costs incurred are directly expensed and
          langsung dan disertakan dalam beban                               included in administrative expenses.
          administrasi.
          Grup menentukan bahwa mereka telah                                The Group determines that it has acquired a
          mengakuisisi bisnis ketika rangkaian aktivitas                    business when the acquired set of activities and
          dan aset yang diakuisisi mencakup input dan                       assets include an input and a substantive
          proses substantif yang bersama-sama secara                        process that together significantly contribute to
          signifikan berkontribusi pada kemampuan untuk                     the ability to create outputs. The acquired
          menghasilkan output. Proses yang diperoleh                        process is considered substantive if it is critical
          adalah substantif jika penting bagi kemampuan                     to the ability to continue producing outputs, and
          untuk terus menghasilkan output, dan input                        the inputs acquired include an organized
          yang diperoleh mencakup tenaga kerja yang                         workforce with the necessary skills, knowledge,
          terorganisir         dengan        keterampilan,                  or experience to perform that process or it
          pengetahuan,        atau   pengalaman     yang                    significantly contributes to the ability to continue
          diperlukan untuk melakukan proses itu atau                        producing outputs and is considered unique or
          secara      signifikan    berkontribusi   pada                    scarce or cannot be replaced without significant
          kemampuan untuk terus menghasilkan output                         cost, effort, or delay in the ability to continue
          dan dianggap unik atau langka atau tidak dapat                    producing outputs.
          diganti tanpa biaya, usaha, atau penundaan
          yang signifikan dalam kemampuan untuk terus
          menghasilkan output.
          Ketika melakukan akuisisi atas sebuah bisnis,                     When the Group acquires a business, it
          Grup mengklasifikasikan dan menentukan aset                       assesses the financial assets acquired and
          keuangan yang diperoleh dan liabilitas                            liabilities assumed for appropriate classification
          keuangan yang diambil alih berdasarkan pada                       and designation in accordance with the
          persyaratan kontraktual, kondisi ekonomi dan                      contractual terms, economic circumstances and
          kondisi terkait lain yang ada pada tanggal                        pertinent conditions as at the acquisition date.
          akuisisi.
          Dalam suatu kombinasi bisnis yang dilakukan                       If the business combination is achieved in
          secara bertahap, Grup mengukur kembali                            stages, the acquisition date fair value of the
          kepentingan ekuitas yang dimiliki sebelumnya                      Group’s previously held equity interest in
          pada pihak yang diakuisisi pada nilai wajar                       the acquiree is remeasured to fair value at
          tanggal akuisisi dan mengakui keuntungan atau                     the acquisition date through profit or loss.
          kerugian yang dihasilkan.
          Setiap imbalan kontinjensi yang akan ditransfer                   Any contingent consideration to be transferred
          oleh perusahaan pengakuisisi akan diakui pada                     by the acquirer will be recognized at fair value at
          nilai wajar pada tanggal akuisisi. Imbalan                        the acquisition date. Contingent consideration
          kontinjensi yang diklasifikasikan sebagai                         classified      as        equity       is      not
          ekuitas tidak diukur kembali dan penyelesaian                     re-measured and its subsequent settlement is
          selanjutnya adalah diperhitungkan dalam                           accounted for within equity.
          ekuitas.


                                                               28
Page 316
                                                                    The original consolidated financial statements included herein
                                                                                                      are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                               PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                              NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                               FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                 and for the Year Then Ended
             (Disajikan dalam Rupiah,                                             (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                         2.   SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued)

     k.   Kombinasi Bisnis dan Goodwill (lanjutan)                       k. Business Combinations              and     goodwill
                                                                            (continued)

          Imbalan kontinjensi yang diklasifikasikan                         Contingent consideration classified as an asset
          sebagai aset atau liabilitas yaitu instrumen                      or liability that is a financial instrument and
          keuangan dan dalam lingkup PSAK 109, diukur                       within the scope of PSAK 109, is measured at
          pada nilai wajar dengan perubahan nilai wajar                     fair value with the changes in fair value
          yang diakui dalam laba rugi sesuai dengan                         recognized in the statement of profit or loss in
          PSAK 109. Imbalan kontinjensi lain yang tidak                     accordance with PSAK 109. Other contingent
          termasuk dalam PSAK 109 diukur sebesar nilai                      consideration that is not within the scope of
          wajar pada setiap tanggal pelaporan dengan                        PSAK 109 is measured at fair value at each
          perubahan nilai wajar yang diakui pada laba                       reporting date with changes in fair value
          rugi.                                                             recognized in profit or loss.

          Bila pencatatan awal kombinasi bisnis belum                       If the initial accounting for a business
          dapat diselesaikan pada tanggal pelaporan,                        combination is incomplete by the end of the
          Grup melaporkan jumlah sementara bagi item                        reporting, the Group reports provisional
          yang pencatatannya belum dapat diselesaikan                       amounts for the items for which the accounting
          tersebut.                                                         is incomplete.

          Periode pengukuran adalah periode setelah                         The measurement period is the period after the
          tanggal akuisisi yang didalamnya Grup dapat                       acquisition date during which the Group may
          melakukan penyesuaian atas jumlah sementara                       adjust the provisional amounts recognized for a
          yang diakui dalam kombinasi bisnis tersebut.                      business combination. During the measurement
          Selama periode pengukuran, Grup mengakui                          period, the Group recognizes additional assets
          penambahan aset atau liabilitas bila terdapat                     or liabilities if new information is obtained about
          informasi terbaru yang diperoleh mengenai                         facts and circumstances that existed as of the
          fakta dan keadaan pada tanggal akuisisi, yang                     acquisition date and, if known, would have
          bila diketahui pada saat itu, akan menyebabkan                    resulted in the recognition of those assets and
          pengakuan atas aset dan liabilitas pada tanggal                   liabilities as of that date.
          tersebut.

          Periode pengukuran berakhir pada saat                             The measurement period ends as soon as the
          pengakuisisi      menerima     informasi    yang                  acquirer receives the information it was seeking
          diperlukan mengenai fakta dan keadaan pada                        about facts and circumstances that existed as of
          tanggal akuisisi atau mengetahui bahwa                            the acquisition date or learns that more
          informasi lainnya tidak dapat diperoleh, namun                    information is not obtainable but shall not
          tidak lebih dari satu tahun dari tanggal akuisisi.                exceed one year from the acquisition date.

          Pada tanggal akuisisi, goodwill awalnya diukur                    At acquisition date, goodwill is initially measured
          pada harga perolehan yang merupakan selisih                       at cost being the excess of the aggregate of the
          lebih nilai agregat dari imbalan yang dialihkan                   consideration transferred and the amount
          dan jumlah setiap KNP atas selisih jumlah dari                    recognized for NCI over the net identifiable
          aset teridentifikasi yang diperoleh dan liabilitas                assets acquired and liabilities assumed.
          yang diambil alih.

          Jika imbalan tersebut lebih rendah dari nilai                     If this consideration is lower than the fair value
          wajar aset neto entitas anak yang diakuisisi,                     of the net assets of the subsidiary acquired, the
          selisih tersebut diakui pada laba rugi sebagai                    difference is recognized in profit or loss as gain
          keuntungan dari pembelian dengan diskon                           on bargain purchase after previously assessing
          setelah sebelumnya manajemen melakukan                            the identification and fair value measurement of
          penilaian atas identifikasi dan nilai wajar dari                  the acquired assets and the assumed liabilities.
          aset yang diperoleh dan liabilitas yang diambil
          alih.




                                                               29
Page 317
                                                                   The original consolidated financial statements included herein
                                                                                                     are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                                 PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                   AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                                NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                                 FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                         As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                   and for the Year Then Ended
             (Disajikan dalam Rupiah,                                               (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                             Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2.    SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued)

     k.   Kombinasi Bisnis dan Goodwill (lanjutan)                           k. Business Combinations           and     goodwill
                                                                                (continued)

          Setelah pengakuan awal, goodwill diukur pada                          After initial 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 is, from the
          suatu kombinasi bisnis, sejak tanggal akuisisi                       acquisition date, allocated to each of the
          dialokasikan kepada setiap Unit Penghasil Kas                        Group’s Cash-generating Units (“CGU”) that are
          (“UPK”) dari Grup yang diharapkan akan                               expected to benefit from the combination,
          menerima manfaat dari sinergi kombinasi                              irrespective of whether other assets or liabilities
          tersebut, terlepas dari apakah aset atau                             of the acquiree are allocated to those CGUs.
          liabilitas lain dari pihak yang diakuisisi
          dialokasikan kepada UPK tersebut.

          Jika goodwill telah dialokasikan pada suatu                          Where goodwill forms part of a CGU and part of
          UPK dan operasi tertentu atas UPK tersebut                           the operations within that CGU is disposed of,
          dihentikan, maka goodwill yang diasosiasikan                         the goodwill associated with the operation
          dengan operasi yang dihentikan tersebut                              disposed of is included in the carrying amount
          termasuk dalam jumlah tercatat operasi                               of the operation when determining the gain or
          tersebut ketika menentukan keuntungan atau                           loss on disposal of the operation. Goodwill
          kerugian dari pelepasan. Goodwill yang                               disposed of in this circumstance is measured
          dilepaskan tersebut diukur berdasarkan nilai                         based on the relative values of the operation
          relatif operasi yang dihentikan terhadap bagian                      disposed of and the portion of the CGU
          dari UPK yang ditahan.                                               retained.

     l.   Penurunan nilai aset non-keuangan                             l.     Impairment of non-financial assets

          Pada setiap tanggal pelaporan, Grup menilai                         The Group assesses at the each reporting date
          apakah terdapat indikasi suatu aset mengalami                       whether there is an indication that an asset may
          penurunan nilai. Jika terdapat indikasi tersebut                    be impaired. If any such indication exists or
          atau pada saat pengujian penurunan nilai aset                       when annual impairment testing for an asset (i.e.
          (yaitu aset takberwujud dengan umur manfaat                         an intangible asset with an indefinite useful life,
          tidak terbatas, aset takberwujud yang belum                         an intangible asset not yet available for use, or
          dapat digunakan, atau goodwill yang diperoleh                       goodwill acquired in a business combination) is
          dalam suatu kombinasi bisnis) diperlukan, maka                      required, the Group makes an estimate of the
          Grup membuat estimasi formal jumlah                                 asset’s recoverable amount.
          terpulihkan aset tersebut.

          Jumlah terpulihkan yang ditentukan untuk aset                       An asset’s recoverable amount is the higher of
          individual adalah jumlah yang lebih tinggi antara                   an asset’s or CGU’s fair value less costs to sell
          nilai wajar aset atau UPK dikurangi biaya untuk                     and its value in use, and is determined for an
          menjual dengan nilai pakainya, kecuali aset                         individual asset, unless the asset does not
          tersebut tidak menghasilkan arus kas masuk                          generate cash inflows that are largely
          yang sebagian besar independen dari aset atau                       independent of those from other assets or
          kelompok aset lain. Jika nilai tercatat aset atau                   groups of assets. Where the carrying amount of
          UPK       lebih    besar    daripada       jumlah                   an asset or CGU exceeds its recoverable
          terpulihkannya,      maka       aset     tersebut                   amount, the asset is considered impaired and is
          dipertimbangkan mengalami penurunan nilai                           written down to its recoverable amount.
          dan nilai tercatat aset diturunkan menjadi
          sebesar jumlah terpulihkannya.




                                                              30
Page 318
                                                                      The original consolidated financial statements included herein
                                                                                                        are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                                 PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                   AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                                NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                                 FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                         As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                   and for the Year Then Ended
             (Disajikan dalam Rupiah,                                               (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                             Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                          2.   SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                  POLICIES INFORMATION (continued)

     l.   Penurunan       nilai    aset     non-keuangan                   l. Impairment         of    non-financial        assets
          (lanjutan)                                                          (continued)

          Grup mendasarkan perhitungan penurunan nilai                        The Group bases its impairment calculation on
          pada rincian perhitungan anggaran atau                              detailed budgets and forecast calculations which
          prakiraan yang disusun secara terpisah untuk                        are prepared separately for each of the Group’s
          masing-masing UPK Grup atas aset individual                         CGUs to which the individual assets are
          yang dialokasikan. Perhitungan anggaran dan                         allocated. These budgets and forecast
          prakiraan ini secara umum mencakup periode                          calculations are generally covering a period of
          selama lima atau sepuluh tahun sesuai dengan                        five or ten years in accordance with the stability
          stabilitas arus kas perkebunan terkait. Setelah                     of each estate’s cash flows. Beyond the
          periode yang dianggarkan proyeksi arus kas                          forecasted period, the estimated cash flows are
          diestimasi dengan melakukan ekstrapolasi                            determined by extrapolating the forecasted cash
          proyeksi      yang     dianggarkan      dengan                      flows using a steady long term growth rate.
          menggunakan tingkat pertumbuhan jangka
          panjang yang tetap.

          Dalam menghitung nilai pakai, estimasi arus                         In assessing the value in use, the estimated net
          kas masa depan neto didiskontokan ke nilai kini                     future cash flows are discounted to their present
          dengan menggunakan tingkat diskonto sebelum                         value using a pre-tax discount rate that reflects
          pajak yang menggambarkan penilaian pasar                            current market assessments of the time value of
          kini dari nilai waktu uang dan risiko spesifik atas                 money and the risks specific to the asset. In
          aset. Dalam menentukan nilai wajar dikurangi                        determining fair value less costs to sell, recent
          biaya untuk menjual, digunakan harga                                market transactions are taken into account, if
          penawaran pasar terakhir, jika tersedia. Jika                       available. If no such transactions can be
          tidak terdapat transaksi tersebut, Grup                             identified, an appropriate valuation model is
          menggunakan model penilaian yang sesuai                             used to determine the fair value of the assets.
          untuk      menentukan       nilai   wajar     aset.                 These calculations are corroborated by
          Perhitungan-perhitungan ini dikuatkan oleh                          valuation multiples or other available fair value
          penilaian berganda atau indikator nilai wajar                       indicators.
          yang tersedia.

          Kerugian penurunan nilai dari operasi yang                          Impairment losses of continuing operations, if
          berkelanjutan, jika ada, diakui pada laba rugi                      any, are recognized in the profit or loss in those
          sesuai dengan kategori biaya yang konsisten                         expense categories consistent with the functions
          dengan fungsi dari aset yang diturunkan                             of the impaired asset.
          nilainya.

          Untuk aset selain goodwill, penilaian dilakukan                     For assets excluding goodwill, an assessment is
          pada akhir setiap tanggal pelaporan apakah                          made at each reporting date as to whether there
          terdapat indikasi bahwa rugi penurunan nilai                        is any indication that previously recognized
          yang telah diakui dalam tahun sebelumnya                            impairment losses may no longer exist or may
          mungkin tidak ada lagi atau mungkin telah                           have decreased. If such indication exists, the
          menurun. Jika indikasi dimaksud ditemukan,                          asset’s or CGU’s recoverable amount is
          maka entitas mengestimasi jumlah terpulihkan                        estimated. A previously recognized impairment
          aset atau UPK tersebut. Kerugian penurunan                          loss for an asset other than goodwill is reversed
          nilai yang telah diakui dalam tahun sebelumnya                      only if there has been a change in the
          untuk aset selain goodwill dibalik hanya jika                       assumptions used to determine the asset’s
          terdapat perubahan asumsi-asumsi yang                               recoverable amount since the last impairment
          digunakan       untuk     menentukan      jumlah                    loss was recognized. If that is the case, the
          terpulihkan aset tersebut sejak rugi penurunan                      carrying amount of the asset is increased to its
          nilai terakhir diakui. Dalam hal ini, jumlah                        recoverable amount.
          tercatat     aset     dinaikkan    ke    jumlah
          terpulihkannya.




                                                                31
Page 319
                                                                      The original consolidated financial statements included herein
                                                                                                        are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                                 PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                   AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                                NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                                 FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                         As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                   and for the Year Then Ended
             (Disajikan dalam Rupiah,                                               (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                             Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                          2.   SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                  POLICIES INFORMATION (continued)
     l.   Penurunan       nilai    aset     non-keuangan                   l. Impairment         of    non-financial        assets
          (lanjutan)                                                          (continued)
          Pembalikan tersebut dibatasi sehingga jumlah                        The reversal is limited so that the carrying
          tercatat   aset     tidak    melebihi      jumlah                   amount of the assets does not exceed its
          terpulihkannya maupun jumlah tercatat, neto                         recoverable amount, nor exceed the carrying
          setelah penyusutan, seandainya tidak ada rugi                       amount that would have been determined, net of
          penurunan nilai yang telah diakui untuk aset                        depreciation, had no impairment loss been
          tersebut pada periode/tahun sebelumnya.                             recognized for the asset in prior periods/years.
          Pembalikan rugi penurunan nilai diakui pada                         Reversal of an impairment loss is recognized in
          laba rugi. Setelah pembalikan tersebut,                             the profit or loss. After such a reversal, the
          penyusutan aset tersebut disesuaikan di                             depreciation charge on the said asset is
          periode mendatang untuk mengalokasikan                              adjusted in future periods to allocate the asset’s
          jumlah tercatat aset yang direvisi, dikurangi nilai                 revised carrying amount, less any residual
          sisanya, dengan dasar yang sistematis selama                        value, on a systematic basis over its remaining
          sisa umur manfaatnya.                                               useful life.


          Goodwill diuji untuk penurunan nilai setiap                         Goodwill is tested for impairment annually and
          tahun dan ketika terdapat indikasi bahwa nilai                      when circumstances indicate that the carrying
          tercatatnya mungkin mengalami penurunan                             value may be impaired. Impairment is
          nilai. Penurunan nilai bagi goodwill ditetapkan                     determined for goodwill by assessing the
          dengan menentukan jumlah tercatat tiap UPK                          recoverable amount of each CGU (or group of
          (atau kelompok UPK) terkait dari goodwill                           CGUs) to which the goodwill relates. Where the
          tersebut. Jika jumlah terpulihkan UPK kurang                        recoverable amount of the CGU is less than their
          dari jumlah tercatatnya, rugi penurunan nilai                       carrying amount, an impairment loss is
          diakui. Rugi penurunan nilai terkait goodwill                       recognized. Impairment losses relating to
          tidak dapat dibalik pada tahun berikutnya.                          goodwill cannot be reversed in future years.
     m. Instrumen Keuangan                                                m. Financial Instruments
          Instrumen keuangan adalah setiap kontrak                            Financial Instrument is any contract that gives
          yang memberikan aset keuangan bagi satu                             rise to a financial asset of one entity and a
          entitas dan liabilitas keuangan atau ekuitas bagi                   financial liability or equity instrument of another
          entitas lain.                                                       entity.
          Aset Keuangan                                                       Financial Assets
          Pengakuan dan Pengukuran Awal                                       Initial Recognition and Measurement
          Aset keuangan diklasifikasikan pada saat                            Financial assets are classified, at initial
          pengakuan awal untuk selanjutnya diukur pada                        recognition, as subsequently measured at
          biaya perolehan diamortisasi, nilai wajar melalui                   amortised cost, fair value through other
          penghasilan komprehensif lain (“NWPKL”), atau                       comprehensive income (“FVOCI”), and fair
          nilai wajar melalui laba rugi (“NWLR”).                             value through profit or loss (“FVTPL”).
          Pada pengakuan awal, Grup mengukur aset                             At initial recognition, the Group measures a
          keuangan pada nilai wajarnya ditambah biaya                         financial asset at its fair value plus transaction
          transaksi, dalam hal aset keuangan tidak diukur                     costs, in the case of a financial asset not at fair
          pada nilai wajar melalui laba rugi (“NWLR”).                        value through profit or loss (“FVTPL”). Trade
          Piutang usaha yang tidak mengandung                                 receivables that do not contain a significant
          komponen pembiayaan yang signifikan, dimana                         financing component, for which the Group has
          Grup telah menerapkan cara praktis, yaitu                           applied the practical expedient are measured at
          diukur pada harga transaksi yang ditentukan                         the transaction price determined under PSAK
          sesuai PSAK 115: Pendapatan dari kontrak                            115: Revenue from contracts with customers,
          dengan pelanggan, seperti diungkapkan pada                          as disclosed in Note 2p.
          Catatan 2p.



                                                                32
Page 320
                                                                  The original consolidated financial statements included herein
                                                                                                    are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                               PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                              NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                               FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                 and for the Year Then Ended
             (Disajikan dalam Rupiah,                                             (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.   SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                              POLICIES INFORMATION (continued)

     m. Instrumen Keuangan (lanjutan)                                 m. Financial Instruments (continued)
        Aset Keuangan (lanjutan)                                          Financial Assets (continued)
        Pengakuan dan Pengukuran Awal (lanjutan)                          Initial  Recognition         and      Measurement
                                                                          (continued)
         Agar aset keuangan diklasifikasikan dan diukur                   In order for a financial asset to be classified and
         pada biaya perolehan diamortisasi atau                           measured at amortized cost or FVOCI, it needs
         NWPKL, aset keuangan harus menghasilkan                          to give rise to cash flows that are ‘solely
         arus kas yang semata dari pembayaran pokok                       payments of principal and interest (“SPPI”)’ on
         dan bunga (“SPPB”) dari jumlah pokok                             the principal amount outstanding. This
         terutang. Penilaian ini disebut sebagai uji SPPB                 assessment is referred to as the SPPI test and
         dan dilakukan pada tingkat instrumen.                            is performed at an instrument level.
         Model bisnis Grup untuk mengelola aset                           The Group’s business model for managing
         keuangan mengacu pada bagaimana mereka                           financial assets refers to how it manages its
         mengelola     aset    keuangannya      untuk                     financial assets in order to generate cash flows.
         menghasilkan arus kas. Model bisnis                              The business model determines whether cash
         menentukan apakah arus kas akan dihasilkan                       flows will result from collecting contractual cash
         dari penerimaan arus kas kontraktual,                            lows, selling the financial assets, or both.
         penjualan aset keuangan, atau keduanya.
        Pengukuran Selanjutnya                                            Subsequent Measurement
        Untuk tujuan pengukuran selanjutnya, aset                         For purposes of subsequent measurement,
        keuangan diklasifikasikan dalam empat                             financial assets are classified in four categories:
        kategori:
           Aset keuangan pada biaya perolehan                                 Financial assets at amortized cost (debt
            diamortisasi (instrumen utang),                                     instruments),
           Aset keuangan pada NWPKL dengan                                    Financial assets at FVOCI with recycling of
            pendauran laba dan rugi kumulatif                                   cumulative gains and losses (debt
            (instrumen utang),                                                  instruments),
           Aset keuangan pada NWPKL tanpa                                     Financial assets designated at FVOCI with
            pendauran laba dan rugi kumulatif setelah                           no recycling of cumulative gains and losses
            penghentian      pengakuan       (instrumen                         upon derecognition (equity instruments),
            ekuitas), dan                                                       and
           Nilai wajar melalui laba rugi (NWLR).                              Fair value through profit or loss (FVTPL).
        Pengukuran selanjutnya dari aset keuangan                         The subsequent measurement of financial
        tergantung kepada klasifikasi masing-masing                       assets depends on their classification as
        aset keuangan seperti berikut ini:                                described below:
        Aset keuangan pada biaya              perolehan                   Financial assets at amortized cost (debt
        diamortisasi (instrumen utang)                                    instruments)
        Grup mengukur aset keuangan pada biaya                            The Group measures financial assets at
        perolehan diamortisasi jika kedua kondisi                         amortized cost if both of the following conditions
        berikut terpenuhi:                                                are met:
           Aset keuangan dimiliki dalam model bisnis                        The financial asset is held within a
            dengan tujuan untuk memiliki aset                                 business model with the objective to hold
            keuangan dalam rangka mendapatkan                                 financial assets in order to collect
            arus kas kontraktual, dan                                         contractual cash flows, and
           Persyaratan     kontraktual  dari    aset                        The contractual terms of the financial asset
            keuangan menghasilkan arus kas pada                               give rise on specified dates to cash flows
            tanggal tertentu yang merupakan SPPB                              that are SPPI on the principal amount
            dari jumlah pokok terutang.                                       outstanding.



                                                            33
Page 321
                                                                  The original consolidated financial statements included herein
                                                                                                    are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                             PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                               AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                            NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                             FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
             (Disajikan dalam Rupiah,                                           (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                         Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.   SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                              POLICIES INFORMATION (continued)

     m.   Instrumen Keuangan (lanjutan)                               m. Financial Instruments (continued)

          Aset Keuangan (lanjutan)                                        Financial Assets (continued)

          Pengukuran selanjutnya dari aset keuangan                       The subsequent measurement of financial
          tergantung kepada klasifikasi masing-masing                     assets depends on their classification as
          aset keuangan seperti berikut ini: (lanjutan)                   described below: (continued)

          Aset keuangan pada biaya perolehan                              Financial assets at amortized cost (debt
          diamortisasi (instrumen utang) (lanjutan)                       instruments) (continued)

          Aset keuangan yang diukur pada biaya                            Financial assets at amortized cost are
          perolehan diamortisasi selanjutnya diukur                       subsequently measured using the effective
          dengan menggunakan metode suku bunga                            interest (“EIR”) method and are subject to
          efektif (“SBE”) dan menjadi subjek penurunan                    impairment. Gains and losses are recognized in
          nilai. Keuntungan dan kerugian diakui dalam                     profit or loss when the asset is derecognized,
          laba rugi pada saat aset dihentikan                             modified or impaired.
          pengakuannya, dimodifikasi atau diturunkan
          nilainya.

          Aset keuangan Grup yang diukur pada biaya                       The Group’s financial assets at amortized cost
          perolehan diamortisasi termasuk kas dan                         includes cash and cash equivalents, trade and
          setara kas, piutang usaha dan lain-lain, dan                    other receivables and other current financial
          aset keuangan lancar lainnya.                                   assets.

          Aset keuangan pada NWPKL tanpa pendauran                        Financial assets designated at FVOCI with no
          laba dan rugi kumulatif setelah penghentian                     recycling of cumulative gains and losses upon
          pengakuan (instrumen ekuitas)                                   derecognition (equity instruments)

          Pada pengakuan awal, Grup dapat memilih                         Upon initial recognition, the Group can elect to
          untuk menetapkan klasifikasi yang tidak dapat                   classify irrevocably its investments in equity
          dikembalikan atas investasi pada instrumen                      instruments at FVOCI when they meet the
          ekuitas sebagai NWPKL jika memenuhi definisi                    definition of equity under PSAK 232: Financial
          ekuitas sesuai PSAK 232: Instrumen keuangan:                    instruments: Presentation and are not held for
          Penyajian     dan     tidak   dimiliki  untuk                   trading. The classification is determined on an
          diperdagangkan. Klasifikasi ditentukan atas                     instrument-by-instrument basis.
          basis instrumen per instrumen.

          Keuntungan dan kerugian atas aset keuangan                      Gains and losses on these financial assets are
          ini tidak pernah didaur ke laba rugi, dan aset                  never recycled to profit or loss, and these
          keuangan ini tidak menjadi subjek penurunan                     financial assets are not subject to impairment
          nilai. Dividen diakui sebagai penghasilan lain-                 assessment. Dividends are recognized as other
          lain dalam laba rugi pada saat hak atas                         income in the profit or loss when the right of
          pembayaran telah ditetapkan.                                    payment has been established.

          Grup memilih untuk mengklasifikasi secara                       The Group elected to classify irrevocably its
          takterbatalkan investasi ekuitas yang tidak                     non-listed equity investments under this
          terdaftar di bursa masuk dalam kategori ini.                    category.

          Aset keuangan Grup yang ditetapkan pada nilai                   The Group financial assets designated at fair
          wajar melalui OCI (instrumen ekuitas) adalah                    value through OCI (equity instruments) is
          investasi pada saham yang dicatat sebagai                       investment in share recorded as part of
          bagian dari “Investasi saham”.                                  “Investment in shares”.




                                                            34
Page 322
                                                                  The original consolidated financial statements included herein
                                                                                                    are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                             PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                               AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                            NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                             FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
             (Disajikan dalam Rupiah,                                           (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                         Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                      2.   SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                              POLICIES INFORMATION (continued)
     m. Instrumen Keuangan (lanjutan)                                 m. Financial Instruments (continued)
        Aset Keuangan (lanjutan)                                          Financial Assets (continued)
        Pengukuran selanjutnya dari aset keuangan                         The subsequent measurement of financial
        tergantung kepada klasifikasi masing-masing                       assets depends on their classification as
        aset keuangan seperti berikut ini: (lanjutan)                     described below: (continued)
        Aset keuangan pada nilai wajar melalui laba                       Financial assets at fair value through profit or
        rugi (“NWLR”)                                                     loss (“FVTPL”)
        Grup tidak mempunyai aset keuangan pada                           The Group has no financial assets at fair value
        nilai wajar melalui laba rugi.                                    through profit or loss.
        Penghentian Pengakuan Aset Keuangan                               Derecognition of Financial Assets
         Aset keuangan (atau, sesuai dengan                                A financial asset (or, where applicable, a part of
         kondisinya, bagian dari aset keuangan atau                        a financial asset or part of a group of similar
         bagian dari kelompok aset keuangan serupa)                        financial assets) is primarily derecognized (i.e.,
         terutama dihentikan pengakuannya (yaitu,                          removed from the Group’s consolidated
         dihapuskan dari laporan posisi keuangan                           statement of financial position) when:
         konsolidasian Grup) ketika:
         ●    Hak untuk menerima arus kas dari aset                         The rights to receive cash flows from the asset
              telah berakhir; atau                                           have expired; or
         ●    Grup telah mengalihkan haknya untuk                           The Group has transferred its rights to receive
              menerima arus kas dari aset atau                               cash flows from the asset or has assumed an
              menanggung kewajiban untuk membayar                            obligation to pay the received cash flows in full
              arus kas yang diterima tersebut secara                         without material delay to a third party under a
              penuh tanpa penundaan yang material                            ‘pass-through’ arrangement; and either (a) the
              kepada     pihak     ketiga   berdasarkan                      Group has transferred substantially all the risks
              kesepakatan ‘pass-through’, dan salah                          and rewards of the asset, or (b) the Group has
              satu dari (a) Grup telah mengalihkan                           neither transferred nor retained substantially all
              secara substansial seluruh risiko dan                          the risks and rewards of the asset, but has
              manfaat atas aset, atau (b) Grup tidak                         transferred control of the asset.
              mengalihkan maupun tidak memiliki
              secara substansial atas seluruh risiko dan
              manfaat     atas     aset,  tetapi    telah
              mengalihkan kendali atas aset.
         Ketika Grup telah mengalihkan haknya untuk                        When the Group has transferred its rights to
         menerima arus kas dari suatu aset atau telah                      receive cash flows from an asset or has
         menandatangani kesepakatan ‘pass-through’,                        entered into a pass-through arrangement, it
         Grup mengevaluasi jika, dan sejauh mana,                          evaluates if, and to what extent, it has retained
         Grup masih mempertahankan risiko dan                              the risks and rewards of ownership. When it
         manfaat atas kepemilikan aset. Ketika Grup                        has neither       transferred nor        retained
         tidak mengalihkan maupun seluruh risiko dan                       substantially all of the risks and rewards of
         manfaat atas aset dipertahankan secara                            the asset, nor transferred control of the asset,
         substansial, maupun tidak mengalihkan                             the      Group    continues     to     recognize
         kendali atas aset, Grup tetap mengakui aset                       the transferred asset to the extent of its
         yang     dialihkan      sebesar     keterlibatan                  continuing involvement. In that case, the Group
         berkelanjutannya. Dalam kasus tersebut, Grup                      also recognizes an associated liability.
         juga mengakui liabilitas terkait. Aset yang                       The transferred asset and the associated
         dialihkan dan liabilitas terkait diukur dengan                    liability are measured on a basis that reflects
         basis yang mencerminkan hak dan kewajiban                         the rights and obligations that the Group has
         yang masih dipertahankan oleh Grup.                               retained.
        Keterlibatan berkelanjutan dalam bentuk                            Continuing involvement that takes the form of
        jaminan atas aset yang ditransfer, diukur pada                     a guarantee over the transferred asset is
        nilai yang lebih rendah antara jumlah tercatat                     measured at the lower of the original carrying
        awal aset dan jumlah maksimum imbalan yang                         amount of the asset and the maximum amount
        dibutuhkan oleh Grup untuk membayar                                of consideration that the Group could be
        kembali.                                                           required to repay.

                                                            35
Page 323
                                                                The original consolidated financial statements included herein
                                                                                                  are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                           PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                             AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                          NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                           FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                             and for the Year Then Ended
             (Disajikan dalam Rupiah,                                         (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                       Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                    2.   SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                            POLICIES INFORMATION (continued)
     m. Instrumen Keuangan (lanjutan)                               m. Financial Instruments (continued)
        Aset Keuangan (lanjutan)                                        Financial Assets (continued)
        Penurunan nilai aset keuangan                                   Impairment of financial assets
        Grup mengakui penyisihan Kerugian Kredit                        The Group recognizes an allowance for (“ECL”)
        Ekspektasian (“KKE”) untuk semua instrumen                      for all debt instruments not held at FVTPL and
        utang yang bukan diukur pada NWLR dan                           financial guarantee contracts. ECLs are based
        kontrak jaminan keuangan. KKE ditentukan                        on the difference between the contractual cash
        atas perbedaan antara arus kas kontraktual                      flows due in accordance with the contract and
        menurut kontrak dan semua arus kas yang                         all the cash flows that the Group expects to
        diharapkan akan diterima oleh Grup, yang                        receive, discounted at an approximation of the
        didiskontokan dengan perkiraan SBE orisinal.                    original EIR. The expected cash flows include
        Arus kas yang diharapkan mencakup setiap                        any cash flows from the sale of collateral held
        arus kas dari penjualan agunan yang dimiliki                    or other credit enhancements that are integral
        atau perbaikan kredit lainnya yang merupakan                    to the contractual terms.
        bagian yang tidak terpisahkan dalam ketentuan
        kontrak.
        KKE diakui dalam dua tahap. Bila belum                          ECLs are recognized in two stages. When there
        terdapat peningkatan risiko kredit signifikan                   have been no significant increases in credit
        sejak pengakuan awal, KKE diakui untuk                          risks since initial recognition, ECLs are provided
        kerugian kredit yang dihasilkan dari peristiwa                  for credit losses that result from default events
        gagal bayar yang mungkin terjadi dalam jangka                   that are possible within the next 12-months
        waktu 12 bulan ke depan (KKE 12 bulan).                         (a 12-month ECL). But, when there have been
        Namun, bila telah terdapat peningkatan                          significant increases in credit risks since initial
        signifikan risiko kredit sejak pengakuan awal,                  recognition, a loss allowance is recognized for
        penyisihan kerugian diakui untuk kerugian                       credit losses expected over the remaining life of
        kredit yang diperkirakan selama sisa umur aset,                 the asset, irrespective of timing of the default
        tanpa mempertimbangkan waktu gagal bayar                        (a lifetime ECL).
        (KKE sepanjang umurnya).
        Karena piutang usaha dan piutang lain-lainnya                   Because its trade receivables and other
        tidak    memiliki    komponen      pembiayaan                   receivables do not contain significant financing
        signifikan, Grup menerapkan pendekatan yang                     component, the Group applies a simplified
        disederhanakan dalam perhitungan KKE. Oleh                      approach in calculating ECL. Therefore, the
        karena itu, Grup tidak menelurusi perubahan                     Group does not track changes in credit risk, but
        dalam risiko kredit, namun justru mengakui                      instead recognizes a loss allowance based on
        penyisihan     kerugian     berdasarkan    KKE                  lifetime ECL at each reporting date. The Group
        sepanjang umurnya pada setiap tanggal                           established a provision matrix that is based on
        pelaporan. Grup membentuk matriks provisi                       its historical credit loss experience, adjusted for
        berdasarkan pengalaman kerugian kredit masa                     forward-looking factors specific to the debtors
        lampau, disesuaikan dengan perkiraan masa                       and the economic environment.
        depan (forward-looking) atas faktor yang
        spesifik untuk debitur dan lingkungan ekonomi.
        Grup menganggap aset keuangan gagal bayar                       The Group considers a financial asset in default
        ketika pembayaran kontraktual telah lewat                       when contractual payments are 90 days past
        90 hari. Namun, dalam kasus tertentu, Grup                      due. However, in certain cases, the Group may
        juga dapat mempertimbangkan aset keuangan                       also consider a financial asset to be in default
        mengalami gagal bayar ketika informasi internal                 when internal or external information indicates
        atau eksternal menunjukkan bahwa Grup tidak                     that the Group is unlikely to receive the
        mungkin menerima jumlah kontraktual yang                        outstanding contractual amounts in full before
        terutang       secara       penuh      sebelum                  taking into account any credit enhancements
        memperhitungkan setiap peningkatan kredit                       held by the Group. A financial asset is written
        yang dimiliki oleh Grup. Aset keuangan                          off when there is no reasonable expectation of
        dihapuskan jika tidak ada ekspektasi yang wajar                 recovering the contractual cash flows.
        untuk memulihkan arus kas kontraktual.

                                                          36
Page 324
                                                                 The original consolidated financial statements included herein
                                                                                                   are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                            PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                              AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                           NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                            FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                              and for the Year Then Ended
             (Disajikan dalam Rupiah,                                          (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                        Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                     2.   SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                             POLICIES INFORMATION (continued)
     m. Instrumen Keuangan (lanjutan)                                m. Financial Instruments (continued)
        Liabilitas Keuangan                                              Financial Liabilities
        Pengakuan dan Pengukuran Awal                                    Initial Recognition and Measurement
        Liabilitas keuangan diklasifikasikan, pada                       Financial liabilities are classified, at initial
        pengakuan awal, sebagai liabilitas keuangan                      recognition, as financial liabilities at FVTPL,
        yang diukur pada NWLR, utang dan pinjaman                        loans and borrowings, or as derivatives
        atau derivatif ditetapkan sebagai instrumen                      designated as hedging instruments in an
        lindung nilai pada lindung nilai yang efektif,                   effective hedge, as appropriate.
        sesuai dengan kondisinya.

        Semua liabilitas keuangan diakui pada nilai                      All financial liabilities are recognized initially at
        wajar saat pengakuan awal dan, dalam hal                         fair value and, in the case of loans and
        liabilitas keuangan dilklasifikasi sebagai utang                 borrowings and payables, net of directly
        dan pinjaman, diakui pada nilai wajar setelah                    attributable transaction costs.
        dikurangi biaya transaksi yang dapat
        diatribusikan secara langsung.

        Liabilitas keuangan Grup meliputi utang bank                     The Group’s financial liabilities include short-
        jangka pendek, utang usaha, utang lain-lain,                     term bank loans, trade payables, other
        beban akrual, liabilitas imbalan kerja karyawan                  payables, accrued expenses, short-term
        jangka pendek, utang bank jangka panjang,                        employee benefits liabilities, long-term bank
        utang obligasi dan liabilitas sewa.                              loans, bonds payable and lease liabilities.

        Pengukuran Selanjutnya                                           Subsequent measurement

        Pengukuran selanjutnya dari liabilitas keuangan                  The subsequent measurement of financial
        ditentukan oleh klasifikasinya sebagai berikut:                  liabilities depends on their classification as
                                                                         described below:

        Liabilitas keuangan pada biaya perolehan                         Financial liabilities at amortized cost (Loans and
        diamortisasi (Utang dan pinjaman)                                borrowings)

        i)   Utang dan Pinjaman Jangka Panjang yang                      i)   Long-term Interest-bearing Loans and
             Dikenakan Bunga                                                  Borrowings

             Setelah pengakuan awal, utang dan                                Subsequent to initial recognition, long-term
             pinjaman jangka panjang yang berbunga                            interest-bearing loans and borrowings are
             diukur pada biaya perolehan yang                                 measured at amortized acquisition costs
             diamortisasi    dengan    menggunakan                            using EIR method. At the reporting dates,
             metode SBE. Pada tanggal pelaporan,                              accrued interest is recorded separately
             biaya bunga yang masih harus dibayar                             from the associated borrowings within the
             dicatat secara terpisah, dari pokok                              current liabilities section. Gains and losses
             pinjaman terkait, dalam bagian liabilitas                        are recognized in the profit or loss when the
             jangka pendek. Keuntungan dan kerugian                           liabilities are derecognized as well as
             diakui pada laba rugi ketika liabilitas                          through the EIR amortization process.
             dihentikan pengakuannya maupun melalui
             proses amortisasi menggunakan metode
             SBE.

             Biaya     amortisasi   dihitung  dengan                          Amortized cost is calculated by taking into
             mempertimbangkan setiap diskonto atau                            account any discount or premium on
             premium atas akuisisi dan komisi atau                            acquisition and fees or costs that are an
             biaya yang merupakan bagian tidak                                integral part of the EIR. The EIR
             terpisahkan dari SBE. Amortisasi SBE                             amortization is included in finance costs in
             dicatat sebagai beban keuangan pada laba                         the profit or loss.
             rugi.


                                                           37
Page 325
                                                                 The original consolidated financial statements included herein
                                                                                                   are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                            PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                              AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                           NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                            FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                              and for the Year Then Ended
             (Disajikan dalam Rupiah,                                          (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                        Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                     2.   SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                             POLICIES INFORMATION (continued)

     m. Instrumen Keuangan (lanjutan)                                m. Financial Instruments (continued)

        Liabilitas Keuangan (lanjutan)                                   Financial Liabilities (continued)

        Pengukuran Selanjutnya (lanjutan)                                Subsequent measurement (continued)

        Pengukuran selanjutnya dari liabilitas keuangan                  The subsequent measurement of financial
        ditentukan oleh klasifikasinya sebagai berikut:                  liabilities depends on their classification as
        (lanjutan)                                                       described below:

        Liabilitas keuangan pada biaya perolehan                         Financial liabilities at amortized cost (Loans and
        diamortisasi (Utang dan pinjaman) (lanjutan)                     borrowings) (continued)

        ii)   Utang dan Akrual                                           ii)   Payables and Accruals

              Liabilitas untuk utang bank jangka pendek,                       Liabilities for short-term bank loans, trade
              utang usaha, utang lain-lain, beban akrual                       payables, other payables, accrued
              dan liabilitas imbalan kerja karyawan                            expenses and short-term employee
              jangka pendek dinyatakan sebesar jumlah                          benefits liabilities are stated at carrying
              tercatat (jumlah nosional), yang kurang                          amounts (notional amounts), which
              lebih sebesar nilai wajarnya.                                    approximate their fair value.

        Penghentian pengakuan                                            Derecognition

        Suatu     liabilitas  keuangan dihentikan                        A financial liability is derecognized when the
        pengakuannya pada saat kewajiban yang                            obligation under the contract is discharged or
        ditetapkan dalam kontrak berakhir atau                           cancelled or expires.
        dibatalkan atau kedaluwarsa.

        Ketika sebuah liabilitas keuangan ditukar                        When an existing financial liability is replaced by
        dengan liabilitas keuangan lain dari pemberi                     another from the same lender on substantially
        pinjaman yang sama atas persyaratan yang                         different terms, or the terms of an existing
        secara substansial berbeda, atau bila                            liability are substantially modified, such an
        persyaratan dari liabilitas keuangan tersebut                    exchange or modification is treated as
        secara substansial dimodifikasi, pertukaran                      derecognition of the original liability and
        atau modifikasi persyaratan tersebut dicatat                     recognition of a new liability, and the difference
        sebagai penghentian pengakuan liabilitas                         in the respective carrying amounts is
        keuangan orisinal dan pengakuan liabilitas                       recognized in the profit or loss.
        keuangan baru, dan selisih antara nilai tercatat
        masing-masing liabilitas keuangan tersebut
        diakui pada laba rugi.

        Saling hapus instrumen keuangan                                  Offsetting of financial instruments

        Aset keuangan dan liabilitas keuangan disaling                   Financial assets and financial liabilities are
        hapuskan dan nilai netonya disajikan dalam                       offset, and the net amount reported in the
        laporan posisi keuangan konsolidasian jika, dan                  consolidated statement of financial position if,
        hanya jika, terdapat hak secara hukum untuk                      and only if, there is a currently enforceable legal
        melakukan saling hapus atas jumlah tercatat                      right to offset the recognized amounts and there
        dari aset keuangan dan liabilitas keuangan                       is an intention to settle on a net basis, or to
        tersebut      dan    terdapat  intensi    untuk                  realize the assets and settle the liabilities
        menyelesaikan secara neto, atau untuk                            simultaneously.
        merealisasikan aset dan menyelesaikan
        liabilitas secara bersamaan.




                                                           38
Page 326
                                                                    The original consolidated financial statements included herein
                                                                                                      are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                               PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                              NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                               FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                 and for the Year Then Ended
             (Disajikan dalam Rupiah,                                             (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2.   SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     n.   Provisi                                                       n.   Provisions

          Provisi diakui jika Grup memiliki kewajiban kini                   Provisions are recognized when the Group has
          (baik bersifat hukum maupun bersifat                               a present obligation (legal or constructive)
          konstruktif) yang akibat peristiwa masa lalu,                      where, as a result of a past event, it is probable
          besar       kemungkinannya         penyelesaian                    that an outflow of resources embodying
          kewajiban tersebut mengakibatkan arus keluar                       economic benefits will be required to settle the
          sumber daya yang mengandung manfaat                                obligation and a reliable estimate can be made
          ekonomi dan estimasi yang andal mengenai                           of the amount of the obligation.
          jumlah kewajiban tersebut dapat dibuat.

          Provisi ditelaah pada setiap tanggal pelaporan                     Provisions are reviewed at each reporting date
          dan disesuaikan untuk mencerminkan estimasi                        and adjusted to reflect the current best
          terbaik yang paling kini. Jika arus keluar sumber                  estimate. If it is no longer probable that an
          daya     untuk     menyelesaikan        kewajiban                  outflow of resources embodying economic
          kemungkinan besar tidak terjadi, maka provisi                      benefits will be required to settle the obligation,
          dibatalkan.                                                        the provision is reversed.

     o.   Sewa                                                          o.   Leases

          Grup menilai pada saat insepsi kontrak apabila                     The Group assesses at contract inception
          kontrak tersebut adalah, atau mengandung,                          whether a contract is, or contains, a lease. That
          sewa. Yaitu, bila kontrak tersebut memberikan                      is, if the contract conveys the right to control the
          hak untuk mengendalikan penggunaan aset                            use of an identified asset for a period of time in
          identifikasian selama suatu jangka waktu untuk                     exchange for consideration.
          dipertukarkan dengan imbalan.

          Grup sebagai penyewa                                               Group as a lessee

          Grup menerapkan pendekatan pengakuan dan                           The Group applies a single recognition and
          pengukuran tunggal untuk semua sewa, kecuali                       measurement approach for all leases, except
          untuk sewa jangka-pendek dan sewa yang aset                        for short-term leases and leases of low-value
          pendasarnya bernilai-rendah. Grup mengakui                         assets. The Group recognizes lease liabilities to
          liabilitas sewa untuk melakukan pembayaran                         make lease payments and right-of-use assets
          sewa dan aset hak-guna yang mewakili hak                           representing the right to use the underlying
          untuk menggunakan aset pendasar.                                   assets.

          i)   Aset hak-guna                                                 i)   Right-of-use assets

               Grup mengakui aset hak-guna pada                                   The Group recognizes right-of-use assets
               tanggal permulaan sewa (yaitu tanggal                              at the commencement date of the lease
               aset pendasar tersedia untuk digunakan).                           (i.e., the date the underlying asset is
               Aset hak-guna diukur pada harga                                    available for use). Right-of-use assets are
               perolehan,        dikurangi     akumulasi                          measured at cost, less any accumulated
               penyusutan dan penurunan nilai, serta                              depreciation and impairment losses, and
               disesuaikan dengan pengukuran kembali                              adjusted for any remeasurement of lease
               liabilitas sewa. Biaya perolehan aset hak-                         liabilities. The cost of right-of-use assets
               guna mencakup jumlah liabilitas sewa yang                          includes the amount of lease liabilities
               diakui, biaya langsung awal yang terjadi,                          recognized, initial direct costs incurred,
               dan pembayaran sewa yang dilakukan                                 and lease payments made at or before the
               pada atau sebelum tanggal permulaan                                commencement date less any lease
               dikurangi setiap insentif sewa yang                                incentives received. Right-of-use assets
               diterima. Aset hak-guna disusutkan                                 are depreciated on a straight-line basis
               dengan metode garis lurus selama masa                              over the lease term.
               sewa.




                                                              39
Page 327
                                                                     The original consolidated financial statements included herein
                                                                                                       are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                                    PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                      AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                                   NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                                    FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                            As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                      and for the Year Then Ended
             (Disajikan dalam Rupiah,                                                  (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                                Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                         2.   SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued)
     o.   Sewa (lanjutan)                                                o.   Leases (continued)
          Grup sebagai penyewa (lanjutan)                                     Group as a lessee (continued)
          i)     Aset hak-guna (lanjutan)                                     i)     Right-of-use assets (continued)
          Jika kepemilikan aset pendasar sewa beralih ke                      If ownership of the leased asset transfers to the
          Grup pada akhir masa sewa atau biaya                                Group at the end of the lease term or the cost
          perolehan aset hak-guna merefleksikan Grup                          reflects the exercise of a purchase option,
          akan mengeksekusi opsi beli, maka penyusutan                        depreciation is calculated using the estimated
          aset hak-guna dihitung menggunakan estimasi                         useful life of the asset.
          masa manfaat aset.
          ii)    Liabilitas sewa                                              ii)    Lease liabilities
          Pada tanggal permulaan sewa, Grup mengakui                          At the commencement date of the lease, the
          liabilitas sewa yang diukur pada nilai kini                         Group recognizes lease liabilities measured at
          pembayaran sewa yang harus dilakukan                                the present value of lease payments to be made
          selama masa sewa.                                                   over the lease term.
          Pembayaran sewa juga mencakup harga                                 The lease payments also include the exercise
          pelaksanaan dari opsi beli yang secara wajar                        price of a purchase option reasonably certain to
          pasti dilaksanakan oleh Grup dan pembayaran                         be exercised by the Group and payments of
          pinalti untuk mengakhiri sewa, jika masa sewa                       penalties for terminating the lease, if the lease
          merefleksikan adanya opsi dapat mengakhiri                          term reflects exercising the option to terminate.
          sewa. Pembayaran sewa variabel yang tidak                           Variable lease payments that do not depend on
          bergantung pada indeks atau tarif diakui                            an index or a rate are recognized as expenses
          sebagai beban pada periode terjadinya                               in the period in which the event or condition that
          peristiwa atau kondisi yang memicu terjadinya                       triggers the payment occurs.
          pembayaran tersebut.
          Dalam menghitung nilai kini pembayaran sewa,                        In calculating the present value of lease
          Grup menggunakan Suku Bunga Pinjaman                                payments, the Group uses its Incremental
          Inkremental (“SBPI”) pada tanggal permulaan                         Borrowing Rate (“IBR”) at the lease
          sewa karena suku bunga implisit dalam sewa                          commencement date because the interest rate
          tidak dapat langsung ditentukan. Setelah                            implicit in the lease is not readily determinable.
          tanggal permulaan, jumlah kewajiban sewa                            After the commencement date, the amount of
          ditingkatkan untuk mencerminkan akresi bunga                        lease liabilities is increased to reflect the
          (atas efek diskonto) dan dikurangi untuk                            accretion of interest and reduced for the lease
          pembayaran sewa yang dilakukan. Selain itu,                         payments made. In addition, the carrying
          nilai tercatat liabilitas sewa diukur kembali jika                  amount of lease liabilities is remeasured if there
          terdapat modifikasi, perubahan masa sewa,                           is a modification, a change in the lease term, a
          perubahan pembayaran sewa, atau perubahan                           change in the lease payments or a change in
          penilaian atas opsi untuk membeli aset                              the assessment of an option to purchase the
          pendasar.                                                           underlying asset.
          iii)   Sewa jangka pendek dan sewa aset                             iii)   Short-term leases and leases of low-value
                 bernilai rendah                                                     assets
          Grup menerapkan pengecualian pengakuan                              The Group applies the short-term lease
          sewa jangka pendek untuk sewa yang jangka                           recognition exemption to its short-term leases
          waktu sewanya pendek (yaitu, sewa yang                              (i.e., those leases that have a lease term of 12
          memiliki jangka waktu sewa 12 bulan atau                            months or less from the commencement date
          kurang dari tanggal permulaan dan tidak                             and do not contain a purchase option). The
          memiliki opsi beli). Grup juga menerapkan                           Group also applies the lease of low-value
          pengecualian pengakuan sewa dengan aset                             assets recognition exemption to leases that are
          bernilai rendah untuk sewa yang aset                                considered to be low value. Lease payments on
          pendasarnya dianggap bernilai rendah.                               short-term leases and leases of low-value
          Pembayaran sewa untuk sewa jangka pendek                            underlying assets are recognized as expense
          dan sewa dari aset bernilai rendah diakui                           on a straight-line basis over the lease term.
          sebagai beban dengan metode garis lurus
          selama masa sewa.

                                                               40
Page 328
                                                                     The original consolidated financial statements included herein
                                                                                                       are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                                PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                               NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                                FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                        As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                  and for the Year Then Ended
             (Disajikan dalam Rupiah,                                              (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                            Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                         2.   SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued)
     p.   Pendapatan dari Kontrak dengan Pelanggan                       p.   Revenue from Contracts with Customers
          dan Pengakuan Beban                                                 and Recognition of Expenses
          Grup     telah    mengadopsi       PSAK        115                  The Group has adopted PSAK 115 “Revenue
          “Pendapatan dari Kontrak dengan Pelanggan”                          from Contracts with Customers” which requires
          yang mensyaratkan pengakuan pendapatan                              revenue recognition to fulfill 5 (five) steps of
          untuk memenuhi 5 (lima) langkah penilaian                           assessment as follows:
          sebagai berikut:
          1.   Mengidentifikasi      kontrak         dengan                   1.   Identify contract(s) with a customer.
               pelanggan.
          2.   Mengidentifikasi kewajiban pelaksanaan                         2.   Identify the performance obligations in the
               atas kontrak. Kewajiban pelaksanaan                                 contract. Performance obligations are
               adalah perjanjian dalam sebuah kontrak                              promises in a contract to transfer to a
               untuk mentransfer barang atau jasa yang                             customer goods or services that are
               berbeda kepada pelanggan.                                           distinct.
          3.   Menentukan harga transaksi, setelah                            3.   Determine the transaction price, net of
               dikurangi diskon, retur, insentif penjualan                         discounts, returns, sales incentives and
               dan pajak pertambahan nilai, dimana                                 value added tax, which an entity expects to
               entitas berhak sebagai imbalan atas                                 be entitled in exchange for transferring the
               transfer barang atau jasa kepada                                    promised goods or services to a customer.
               pelanggan.
          4.   Mengalokasikan harga transaksi pada                            4.   Allocate the transaction price to each
               setiap kewajiban pelaksanaan dengan                                 performance obligation on the basis of the
               basis harga jual berdiri sendiri relatif pada                       relative stand-alone selling prices of each
               setiap barang atau jasa yang berbeda                                distinct goods or services promised in the
               yang dijanjikan di dalam kontrak. Jika hal                          contract. When these are not directly
               ini tidak dapat diamati secara langsung,                            observable, the relative standalone selling
               harga jual berdiri sendiri relatif diestimasi                       price are estimated based on expected
               berdasarkan biaya yang diharapkan                                   cost plus margin.
               ditambah margin.
          5.   Mengakui pendapatan ketika kewajiban                           5.   Recognize revenue when performance
               pelaksanaan telah terpenuhi dengan                                  obligation is satisfied by transferring a
               mentransfer barang atau jasa yang                                   promised goods or services to a customer
               dijanjikan kepada pelanggan (di mana                                (which is when the customer obtains
               adalah ketika pelanggan mendapatkan                                 control of those goods or services).
               kontrol atas barang atau jasa tersebut).
          Pendapatan diakui ketika Grup memenuhi                              Revenue is recognized when the Group
          kewajiban pelaksanaan dengan mentransfer                            satisfies a performance obligation by
          barang atau jasa yang dijanjikan kepada                             transfering a promised good or service to the
          pelanggan, di mana adalah ketika pelanggan                          customer, which is when the customer obtains
          medapatkan kontrol atas barang atau jasa                            control of the good or service. A performance
          tersebut. Kewajiban pelaksanaan dapat                               obligation may be satisfied at a point in time or
          terpenuhi pada suatu waktu atau seiring waktu.                      over time. The amount of revenue recognized
          Jumlah pendapatan yang diakui adalah jumlah                         is the amount allocated to the satisfied
          yang dialokasikan untuk memenuhi kewajiban                          performance obligation.
          pelaksanaan.
          Jika pelanggan membayar imbalan sebelum                             If a customer pays consideration before the
          Grup mengalihkan barang atau jasa kepada                            Group transfers goods or services to the
          pelanggan, liabilitas kontrak diakui pada saat                      customer, a contract liability is recognized when
          pembayaran dilakukan atau pembayaran                                the payment is made or the payment is due
          imbalan jatuh tempo (mana yang lebih awal).                         (whichever is earlier). Contract liabilities are
          Liabilitas kontrak diakui sebagai pendapatan                        recognized as revenue when the Group
          pada saat Grup telah memenuhi apa yang                              performs under the contract.
          harus dilaksanakan sesuai kontrak.



                                                               41
Page 329
                                                                      The original consolidated financial statements included herein
                                                                                                        are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                                 PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                   AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                                NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                                 FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                         As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                   and for the Year Then Ended
             (Disajikan dalam Rupiah,                                               (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                             Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                          2.   SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                  POLICIES INFORMATION (continued)
     p.   Pendapatan dari Kontrak dengan Pelanggan                        p.   Revenue from Contracts with Customers
          dan Pengakuan Beban (lanjutan)                                       and Recognition of Expenses (continued)
          Beban diakui pada saat terjadinya (asas                              Expenses are recognized when they are
          akrual).                                                             incurred (accrual basis).
     q.   Perpajakan                                                      q.   Taxation
          Pajak Penghasilan Kini                                               Current Income Tax
          Aset dan liabilitas pajak kini untuk periode                         Current income tax assets and liabilities for the
          berjalan diukur sebesar jumlah yang                                  current period are measured at the amount
          diharapkan dapat direstitusi dari atau                               expected to be recovered from or paid to the
          dibayarkan kepada otoritas perpajakan. Tarif                         taxation authority. The tax rates and tax laws
          pajak dan peraturan pajak yang digunakan                             used to compute the amount are those that
          untuk menghitung jumlah tersebut adalah yang                         have been enacted or substantively enacted as
          telah berlaku atau secara substantif telah                           at the reporting date in the countries where the
          berlaku pada tanggal pelaporan di negara                             Group operates and generates taxable income.
          tempat Grup beroperasi dan menghasilkan
          pendapatan kena pajak.
          Bunga dan denda disajikan sebagai bagian dari                        Interests and penalties are presented as part of
          penghasilan atau beban operasi lain karena                           other operating income or expenses since they
          tidak dianggap sebagai bagian dari beban pajak                       are not considered as part of the income tax
          penghasilan. Pajak penghasilan kini terkait                          expense. Current income tax relating to items
          dengan pos-pos yang diakui secara langsung di                        recognized directly in equity is recognized in
          ekuitas diakui dalam ekuitas dan bukan dalam                         equity and not in the statement of profit or loss.
          laporan laba rugi. Manajemen secara berkala                          Management periodically evaluates positions
          mengevaluasi posisi yang diambil dalam Surat                         taken in the tax returns with respect to
          Pemberitahuan Tahunan (SPT) sehubungan                               situations in which applicable tax regulations
          dengan situasi di mana peraturan perpajakan                          are subject to interpretation and establishes
          yang berlaku tunduk pada interpretasi dan                            provisions where appropriate.
          menetapkan ketentuan yang sesuai.
          Sebagai tanggapan terhadap penerapan                                 In response to the implementation of the
          kerangka Pilar 2 Organisasi untuk Kerja Sama                         Organization for Economic Co-operation and
          dan Pembangunan Ekonomi (Organization for                            Development (“OECD”) Pillar 2 framework rule
          Economic Co-operation and Development atau                           (“Pillar 2”), on December 31, 2024, Indonesian
          "OECD"), pada tanggal 31 Desember 2024,                              Government implemented Pillar 2 framework
          Pemerintah Indonesia menetapkan aturan                               through Ministry of Finance Regulation
          kerangka Pilar 2 (Pillar 2”) melalui Peraturan                       No. 136/2024 (PMK 136/2024). The Pillar 2
          Menteri Keuangan No. 136/2024 (PMK                                   model rules as implemented under PMK
          136/2024). Pilar 2 sesuai PMK 136/2024 akan                          136/2024 will take effect for fiscal years
          berlaku untuk tahun fiskal yang dimulai pada                         beginning on or after January 1, 2025. For the
          atau setelah tanggal 1 Januari 2025. Untuk                           year ended December 31, 2025, the Group has
          tahun yang berakhir pada 31 Desember 2025,                           applied amendments to PSAK 212: Income
          Grup telah menerapkan amandemen PSAK                                 Taxes, which provide mandatory temporary
          212: Pajak Penghasilan, yang memberikan                              exception from recognizing or disclosing
          pengecualian wajib sementara dari pengakuan                          deferred taxes related to Pillar 2. PMK
          atau pengungkapan pajak tangguhan terkait                            136/2024 applies new taxing mechanisms
          Pilar 2. PMK 136/2024 menerapkan mekanisme                           under which a Multinational Enterprises
          perpajakan       baru      yang      mensyaratkan                    (“MNE”) should pay a top-up tax in a jurisdiction
          Perusahaan Multinasional ("PMN") untuk                               whenever their effective tax rate, determined on
          membayar pajak tambahan pada yurisdiksi                              a jurisdictional basis under the Pillar 2, is below
          tertentu ketika tarif pajak efektif yang ditentukan                  a 15% minimum rate.
          per yurisdiksi menurut Pilar 2 lebih rendah dari
          tarif minimum 15%.



                                                                42
Page 330
                                                                     The original consolidated financial statements included herein
                                                                                                       are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                                    PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                      AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                                   NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                                    FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                            As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                      and for the Year Then Ended
             (Disajikan dalam Rupiah,                                                  (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                                Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                         2.   SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued)
     q.   Perpajakan (lanjutan)                                          q.   Taxation (continued)
          Pajak Penghasilan Kini (lanjutan)                                   Current Income Tax (continued)
          Untuk tahun yang berakhir pada 31 Desember                          For the year ended December 31, 2025, the
          2025, Grup tidak masuk dalam lingkup Pilar 2                        Group is not within the scope of Pillar 2 as the
          karena tidak memenuhi kriteria yang ditetapkan                      criteria set forth in PMK 136/2024 have not
          dalam PMK 136/2024.                                                 been met.
          Pajak Tangguhan                                                     Deferred Tax
          Pajak tangguhan diakui dengan menggunakan                           Deferred tax is provided using the liability
          metode liabilitas atas perbedaan temporer pada                      method on temporary differences at the
          tanggal pelaporan antara dasar pengenaan                            reporting date between the tax bases of assets
          pajak dari aset dan liabilitas dan jumlah                           and liabilities and their carrying amounts for
          tercatatnya untuk tujuan pelaporan keuangan                         financial reporting purposes at the reporting
          pada tanggal pelaporan.                                             date.
          Liabilitas pajak tangguhan diakui untuk semua                       Deferred tax liabilities are recognized for all
          perbedaan temporer yang kena pajak, kecuali:                        taxable temporary differences, except:

          i)    liabilitas pajak tangguhan yang terjadi dari                  i)     where the deferred tax liability arises from
                pengakuan awal goodwill atau dari aset                               the initial recognition of goodwill or of an
                atau liabilitas dari transaksi yang bukan                            asset or liability in a transaction that is not a
                transaksi kombinasi bisnis, dan pada                                 business combination and, at the time of the
                waktu transaksi tidak mempengaruhi laba                              transaction, affects neither the accounting
                akuntansi dan laba kena pajak/rugi pajak;                            profit nor taxable profit or loss; and
                dan
                                                                              ii) in respect of taxable temporary differences
          ii)   dari perbedaan temporer kena pajak atas                           associated with investments in subsidiaries,
                investasi pada entitas anak, yang saat                            when the timing of the reversal of the
                pembalikannya dapat dikendalikan dan                              temporary differences can be controlled
                besar kemungkinannya bahwa beda                                   and it is probable that the temporary
                temporer itu tidak akan dibalik dalam                             differences will not reverse in the
                waktu dekat.                                                      foreseeable future.
          Aset pajak tangguhan diakui untuk seluruh                           Deferred tax assets are recognized for all
          perbedaan temporer yang dapat dikurangkan                           deductible temporary differences and carry
          dan akumulasi rugi pajak belum dikompensasi,                        forward of unused tax losses, to the extent that
          bila kemungkinan besar laba kena pajak akan                         it is probable that taxable profits will be
          tersedia sehingga perbedaan temporer dapat                          available against which deductible temporary
          dikurangkan tersebut, dan rugi pajak belum                          differences, and the carry forward of unused tax
          dikompensasi, dapat dimanfaatkan, kecuali:                          losses can be utilized, except:

          i)    jika aset pajak tangguhan timbul dari                         i)     where the deferred tax asset relating to the
                pengakuan awal aset atau liabilitas dalam                            deductible temporary difference arises from
                transaksi yang bukan transaksi kombinasi                             the initial recognition of an asset or liability
                bisnis dan tidak mempengaruhi laba                                   in a transaction that is not a business
                akuntansi maupun laba kena pajak/rugi                                combination and, at the time of the
                pajak; atau                                                          transaction, affects neither the accounting
                                                                                     profit nor taxable profit or loss; or
          ii)   dari perbedaan temporer yang dapat                            ii)    in respect of deductible temporary
                dikurangkan atas investasi pada entitas                              differences associated with investments in
                anak, aset pajak tangguhan hanya diakui                              subsidiaries, deferred tax assets are
                bila besar kemungkinannya bahwa beda                                 recognized only to the extent that it is
                temporer itu tidak akan dibalik dalam                                probable that the temporary differences will
                waktu dekat dan laba kena pajak dapat
                                                                                     reverse in the foreseeable future and
                dikompensasi dengan beda temporer
                                                                                     taxable profit will be available against which
                tersebut.
                                                                                     the temporary differences can be utilized.


                                                               43
Page 331
                                                                     The original consolidated financial statements included herein
                                                                                                       are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                                PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                               NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                                FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                        As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                  and for the Year Then Ended
             (Disajikan dalam Rupiah,                                              (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                            Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                         2.   SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                 POLICIES INFORMATION (continued)

     q.   Perpajakan (lanjutan)                                          q.   Taxation (continued)

          Pajak Tangguhan (lanjutan)                                          Deferred Tax (continued)

          Jumlah tercatat aset pajak tangguhan ditelaah                       The carrying amount of a deferred tax asset is
          pada setiap tanggal pelaporan dan diturunkan                        reviewed at each reporting date and reduced to
          apabila laba kena pajak mungkin tidak                               the extent that it is no longer probable that
          memadai untuk mengkompensasi sebagian                               sufficient taxable profit will be available to allow
          atau semua manfaat aset pajak tangguhan.                            all or part of the benefit of that deferred tax
          Aset pajak tangguhan yang tidak diakui ditinjau                     asset to be utilized. Unrecognized deferred tax
          ulang pada setiap tanggal pelaporan dan akan                        assets are reassessed at each reporting date
          diakui apabila besar kemungkinan bahwa laba                         and are recognized to the extent that it has
          kena pajak pada masa yang akan datang akan                          become probable that future taxable profit will
          tersedia untuk pemulihannya.                                        allow the deferred tax assets to be recovered.

          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 to the
          diperkirakan akan berlaku pada tahun saat aset                      year when the asset is realized or the liability is
          dipulihkan     atau   liabilitas  diselesaikan                      settled, based on tax rates and tax laws that
          berdasarkan tarif pajak dan peraturan pajak                         have been enacted or substantively enacted as
          yang telah berlaku atau yang secara substantif                      at the reporting date.
          telah berlaku pada tanggal pelaporan.

          Pajak tangguhan terkait dengan pos-pos yang                         Deferred tax relating to items recognized
          diakui di luar laba rugi diakui di luar laba rugi.                  outside profit or loss is recognized outside profit
          Item pajak tangguhan diakui sesuai dengan                           or loss. Deferred tax items are recognized in
          transaksi yang mendasarinya baik di PKL                             correlation to the underlying transaction either
          maupun secara langsung di ekuitas.                                  in OCI or directly in equity.

          Manfaat pajak yang diperoleh sebagai bagian                         Tax benefits acquired as part of a business
          dari kombinasi bisnis, tetapi tidak memenuhi                        combination, but not satisfying the criteria for
          kriteria untuk pengakuan terpisah pada tanggal                      separate recognition at that date, are recogn
          tersebut, diakui selanjutnya jika informasi baru                    ised subsequently if new information about
          tentang fakta dan keadaan berubah.                                  facts and circumstances change. The
          Penyesuaian tersebut diperlakukan sebagai                           adjustment is either treated as a reduction in
          pengurangan goodwill (selama tidak melebihi                         goodwill (as long as it does not exceed
          goodwill)     jika  terjadi   selama     periode                    goodwill) if it was incurred during the
          pengukuran atau diakui dalam laba rugi.                             measurement period or recognized in profit or
                                                                              loss.

           Grup melakukan saling hapus aset pajak                             The Group offsets deferred tax assets and
          tangguhan dan liabilitas pajak tangguhan jika                       deferred tax liabilities if and only if it has a
          dan hanya jika memiliki hak yang berkekuatan                        legally enforceable right to set off current tax
          hukum untuk saling hapus aset pajak kini dan                        assets and current tax liabilities and the
          liabilitas pajak kini dan aset pajak tangguhan                      deferred tax assets and deferred tax liabilities
          dan liabilitas pajak tangguhan terkait dengan                       relate to income taxes levied by the same
          pajak penghasilan yang dikenakan oleh otoritas                      taxation authority on either the same taxable
          perpajakan yang sama atas baik entitas kena                         entity or different taxable entities which intend
          pajak yang sama atau entitas kena pajak yang                        either to settle current tax liabilities and assets
          berbeda yang bermaksud untuk menyelesaikan                          on a net basis, or to realise the assets and settle
          liabilitas dan aset pajak kini secara neto, atau                    the liabilities simultaneously, in each future
          untuk merealisasikan aset dan menyelesaikan                         period in which significant amounts of deferred
          liabilitas secara bersamaan, pada setiap                            tax liabilities or assets are expected to be
          periode masa depan di mana jumlah liabilitas                        settled or recovered.
          atau aset pajak tangguhan yang signifikan
          diharapkan untuk diselesaikan atau dipulihkan.


                                                               44
Page 332
                                                                    The original consolidated financial statements included herein
                                                                                                      are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                               PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                              NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                               FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                 and for the Year Then Ended
             (Disajikan dalam Rupiah,                                             (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2.   SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     q.   Perpajakan (lanjutan)                                         q. Taxation (continued)
          Pajak Pertambahan Nilai (”PPN”)                                    Value Added Tax (“VAT”)
          Pendapatan, beban-beban dan aset-aset diakui                       Revenue, expenses and assets are recognized
          neto atas jumlah PPN kecuali:                                      net of the amount of VAT except:
           PPN yang muncul dari pembelian aset atau                           When the VAT incurred on a purchase of
             jasa yang tidak dapat dikreditkan oleh kantor                       assets or services is not recoverable from
             pajak, yang dalam hal ini PPN diakui                                the taxation authority, in which case the
             sebagai bagian dari biaya perolehan aset                            VAT is recognized as part of the cost of
             atau sebagai bagian dari item beban-beban                           acquisition of the asset or as part of the
             yang diterapkan; dan                                                expense item as applicable; and
           Piutang dan utang yang disajikan termasuk                          Receivables and payables are stated with
             dengan jumlah PPN.                                                  the amount of VAT included.
          Jumlah PPN neto yang terpulihkan dari, atau                        The net amount of VAT recoverable from, or
          terutang kepada, kantor pajak termasuk                             payable to, the taxation authorities is included as
          sebagai bagian dari piutang atau utang pada                        part of receivables or payables in the
          laporan posisi keuangan konsolidasian.                             consolidated statement of financial position.
          Pajak Final                                                        Final Tax
          Sesuai peraturan perpajakan di Indonesia,                          In accordance with the tax regulation in
          pajak final dikenakan atas nilai bruto transaksi,                  Indonesia, final tax is applied to the gross value
          dan tetap dikenakan walaupun atas transaksi                        of transactions, even when the parties carrying
          tersebut pelaku transaksi mengalami kerugian.                      the transaction recognizing losses.
          Pajak final tidak termasuk dalam lingkup yang                      Final tax is scoped out from PSAK 212.
          diatur oleh PSAK 212.
     r.   Liabilitas Imbalan Kerja Karyawan                             r.   Employee Benefits Liabilities
          Grup mencatat penyisihan atas liabilitas                           The Group provides provisions for employees
          imbalan kerja karyawan untuk memenuhi                              benefit liabilities in order to meet the minimum
          imbalan minimum yang harus dibayar kepada                          benefits required to be paid to the qualified
          karyawan-karyawan sesuai dengan Perjanjian                         employees under Collective Labor Agreement
          Kerja Bersama dan Peraturan Pemerintah                             and Government Regulation in Lieu of Law No.
          Pengganti Undang-undang tentang Cipta Kerja                        2/2022 (the “Cipta Kerja Law”, (UUCK)). The
          No. 2/2022 (“UU Cipta Kerja”, (UUCK)).                             said additional provisions are estimated using
          Penyisihan tambahan tersebut diestimasi                            actuarial calculations using the “Projected Unit
          dengan menggunakan perhitungan aktuarial                           Credit” method.
          metode “Projected Unit Credit”.
          Pengukuran kembali, terdiri atas keuntungan                        Re-measurements, comprising of actuarial
          dan kerugian aktuarial, segera diakui pada                         gains and losses, are recognized immediately
          laporan     posisi    keuangan     konsolidasian                   in the consolidated statement of financial
          dengan pengaruh langsung didebit atau                              position with a corresponding debit or credit to
          dikreditkan kepada saldo laba melalui PKL                          retained earnings through OCI in the period in
          pada periode terjadinya. Pengukuran kembali                        which they occur. Re-measurements are not
          tidak direklasifikasi ke laba rugi pada periode                    reclassified to profit or loss in subsequent
          berikutnya.                                                        periods.
          Biaya jasa lalu harus diakui sebagai beban                         Past service costs are recognized in profit or
          pada saat yang lebih awal antara:                                  loss at the earlier between:
          i)   ketika    program     amandemen   atau                        i)   the date of the plan amendment or
               kurtailmen terjadi; dan                                             curtailment, and
          ii)  ketika     entitas     mengakui  biaya                        ii) the date the Group recognizes related
               restrukturisasi atau imbalan terminasi                              restructuring costs.
               terkait.


                                                              45
Page 333
                                                                    The original consolidated financial statements included herein
                                                                                                      are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                               PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                              NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                               FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                 and for the Year Then Ended
             (Disajikan dalam Rupiah,                                             (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                        2.   SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                                POLICIES INFORMATION (continued)

     r.   Liabilitas Imbalan Kerja Karyawan (lanjutan)                  r.   Employee Benefits Liabilities (continued)

          Bunga neto dihitung dengan menerapkan                              Net interest is calculated by applying the
          tingkat diskonto yang digunakan terhadap                           discount rate to the net defined employee
          liabilitas imbalan kerja karyawan. Grup                            benefits liability. The Group recognizes the
          mengakui perubahan berikut pada kewajiban                          following changes in the net defined benefit
          obligasi neto pada akun “Beban Umum dan                            obligation under “General and Administrative
          Administrasi” pada laporan laba rugi dan                           Expenses” as appropriate in the consolidated
          penghasilan komprehensif lain konsolidasian:                       statement of profit or loss and other
            Biaya jasa terdiri atas biaya jasa kini, biaya                  comprehensive income:
               jasa lalu, keuntungan atau kerugian atas                       Service costs comprising current service
               penyelesaian (curtailment) tidak rutin; dan                     costs, past-service costs, gains or losses on
                                                                               curtailments and non-routine settlements;
             Beban atau penghasilan bunga neto.                               and
                                                                              Net interest expense or income.

          Pengukuran kembali atas liabilitas (aset)                          Re-measurement of the net defined benefit
          imbalan pasti neto yang diakui sebagai                             liability    (asset)     recognized    in other
          penghasilan      komprehensif  lain tidak                          comprehensive income will not be reclassified
          direklasifikasi ke laba rugi pada periode                          to profit or loss in the next periods.
          berikutnya.

     s.   Informasi Segmen                                              s.   Segment Information

          Untuk tujuan manajemen, Grup dibagi menjadi                        For management purposes, the Group is
          dua segmen operasi berdasarkan produk dan                          organized into two operating segments based
          jasa yang dikelola secara independen oleh                          on their products and services which are
          masing-masing pengelola segmen yang                                independently managed by the respective
          bertanggung jawab atas kinerja dari masing-                        segment managers responsible for the
          masing segmen. Para pengelola segmen                               performance of the respective segments under
          melaporkan    secara    langsung    kepada                         their charge. The segment managers report
          manajemen Perusahaan yang secara teratur                           directly to the management who regularly
          mengkaji laba segmen sebagai dasar untuk                           review the segment results in order to allocate
          mengalokasikan sumber daya ke masing-                              resources to the segments and to assess the
          masing segmen dan untuk menilai kinerja                            segment performance.
          segmen.

          Pengungkapan tambahan pada masing-masing                           Additional disclosures on each of these
          segmen terdapat dalam Catatan 30, termasuk                         segments are shown in Note 30, including the
          faktor yang digunakan untuk mengidentifikasi                       factors used to identify the reportable segments
          segmen yang dilaporkan dan dasar pengukuran                        and the measurement basis of segment
          informasi segmen.                                                  information.

     t.   Laba Per Saham                                                t.   Earnings Per Share

          Laba per saham dihitung berdasarkan rata-rata                      Earnings per share is computed based on the
          tertimbang jumlah saham yang beredar selama                        weighted average number of issued and fully
          periode yang bersangkutan.                                         paid shares during the period.

          Perusahaan tidak mempunyai efek berpotensi                         The Company has no outstanding dilutive
          saham biasa yang bersifat dilutif pada tanggal                     potential  ordinary shares    as     of
          31 Desember 2025.                                                  December 31, 2025.




                                                              46
Page 334
                                                                   The original consolidated financial statements included herein
                                                                                                     are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                              PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                             NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                              FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                      As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                and for the Year Then Ended
             (Disajikan dalam Rupiah,                                            (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                          Unless Otherwise Stated)


2.   IKHTISAR INFORMASI KEBIJAKAN AKUNTANSI                       2.   SUMMARY OF MATERIAL ACCOUNTING
     MATERIAL (lanjutan)                                               POLICIES INFORMATION (continued)

     u.   Biaya Emisi Penerbitan Saham dan Obligasi                    u.   Shares and Bonds Issuance Costs

          Biaya-biaya yang terjadi sehubungan dengan                        Costs related to the public offerings of shares
          penawaran saham        kepada masyarakat                          are deducted from the proceeds and presented
          dikurangkan langsung dari hasil emisi dan                         as a deduction of “Additional Paid-in Capital -
          disajikan sebagai pengurang pada akun                             Net” account, under equity section in the
          “Tambahan Modal Disetor - Neto” sebagai                           consolidated statement of financial position.
          bagian dari ekuitas pada laporan posisi
          keuangan konsolidasian.

          Biaya emisi obligasi dikurangkan dari hasil                       Bonds issuance costs are directly deducted
          penerbitan obligasi dalam laporan posisi                          from the issue proceeds in the consolidated
          keuangan konsolidasian sebagai diskonto dan                       statement of financial position as a discount
          diamortisasi menggunakan metode SBE                               and are amortized using the EIR method over
          selama jangka waktu obligasi. Biaya emisi                         the period of the bonds. Issuance costs of
          obligasi wajib tukar dicatat sebagai pengurang                    mandatory convertible bond are accounted for
          modal.                                                            as a deduction from equity.


3.   PERTIMBANGAN, ESTIMASI              DAN    ASUMSI            3.   SIGNIFICANT ACCOUNTING JUDGEMENTS,
     YANG SIGNIFIKAN                                                   ESTIMATES AND ASSUMPTIONS

     Penyusunan laporan keuangan konsolidasian Grup                    The preparation of the Group’s consolidated
     mengharuskan manajemen untuk membuat                              financial statements requires management to make
     pertimbangan, estimasi dan asumsi yang                            judgments, estimates and assumptions that affect
     mempengaruhi jumlah yang dilaporkan dari                          the reported amounts of revenues, expenses,
     pendapatan, beban, aset dan liabilitas, dan                       assets and liabilities, and the disclosures of
     pengungkapan atas liabilitas kontinjensi, pada akhir              contingent liabilities, at the end of the reporting
     periode pelaporan.                                                periods.

     Ketidakpastian mengenai asumsi dan estimasi                       Uncertainty about these assumptions and estimates
     tersebut dapat mengakibatkan penyesuaian                          could result in outcomes that may require material
     material terhadap nilai tercatat aset dan liabilitas              adjustments to the carrying amounts of the assets
     yang terpengaruh pada periode pelaporan                           and liabilities affected in future periods.
     berikutnya.

     Pertimbangan                                                      Judgments

     Pertimbangan berikut ini dibuat oleh manajemen                    The following judgments are made by management
     dalam rangka penerapan kebijakan akuntansi Grup                   in the process of applying the Group’s accounting
     yang memiliki pengaruh paling signifikan atas                     policies that have the most significant effects on the
     jumlah yang diakui dalam laporan keuangan                         amounts recognized in the consolidated financial
     konsolidasian:                                                    statements:

     Perpajakan                                                        Taxes

     Ketidakpastian atas interpretasi dari peraturan pajak             Uncertainties exist with respect to the interpretation
     yang kompleks, perubahan peraturan pajak dan                      of complex tax regulations, changes in tax laws, and
     jumlah dan timbulnya penghasilan kena pajak di                    the amount and timing of future taxable income,
     masa depan, dapat menyebabkan penyesuaian di                      could necessitate future adjustments to tax income
     masa depan atas penghasilan dan beban pajak                       and expense already recorded.
     yang telah dicatat.




                                                             47
Page 335
                                                                 The original consolidated financial statements included herein
                                                                                                   are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                            PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                              AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                           NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                            FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                              and for the Year Then Ended
             (Disajikan dalam Rupiah,                                          (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                        Unless Otherwise Stated)


3.   PERTIMBANGAN, ESTIMASI            DAN     ASUMSI           3.   SIGNIFICANT ACCOUNTING JUDGEMENTS,
     YANG SIGNIFIKAN (lanjutan)                                      ESTIMATES AND ASSUMPTIONS (continued)

     Pertimbangan (lanjutan)                                         Judgments (continued)

     Perpajakan (lanjutan)                                           Taxes (continued)

     Pertimbangan juga dilakukan dalam menentukan                    Judgment is also involved in determining the
     penyisihan atas pajak penghasilan badan. Terdapat               provision for corporate income tax. There are certain
     transaksi dan perhitungan tertentu yang penentuan               transactions and computation for which the ultimate
     pajak akhirnya adalah tidak pasti sepanjang                     tax determination is uncertain during the ordinary
     kegiatan usaha normal.                                          course of business.

     Grup mengakui liabilitas atas pajak penghasilan                 The Group recognizes liabilities for expected
     badan berdasarkan estimasi apakah akan terdapat                 corporate income tax issues based on estimates of
     tambahan pajak penghasilan badan.                               whether additional corporate income tax will be due.

     Taksiran Tagihan Pajak Penghasilan                              Claims for Tax Refund

     Berdasarkan peraturan perpajakan yang berlaku                   Based on the tax regulations currently enacted, the
     saat ini, manajemen mempertimbangkan apakah                     management judged if the amounts recorded under
     jumlah yang tercatat dalam akun di atas dapat                   the above account are recoverable and refundable
     dipulihkan dan dikembalikan oleh Kantor Pajak.                  by the Tax Office.

     Opsi pembaruan dan penghentian dalam kontrak -                  Lease term of contracts with renewal                 and
     Grup sebagai penyewa                                            termination options - the Group as lessee

     Grup menentukan masa sewa sesuai masa sewa                      The Group determines the lease term as the non-
     yang tidak dapat terbatalkan, ditambah dengan                   cancellable term of the lease, together with any
     setiap periode yang dicakup oleh opsi untuk                     periods covered by an option to extend the lease if
     memperpanjang sewa jika cukup pasti untuk                       it is reasonably certain to be exercised, or any
     mengeksekusi, atau setiap periode yang dicakup                  periods covered by an option to terminate the lease,
     oleh opsi untuk menghentikan sewa, jika cukup pasti             if it is reasonably certain not to be exercised.
     untuk tidak mengeksekusi opsi tersebut.

     Grup memiliki beberapa kontrak sewa yang                        The Group has several lease contracts that include
     mencakup opsi perpanjangan dan terminasi. Grup                  extension and termination options. The Group
     menerapkan pertimbangan dalam mengevaluasi                      applies judgement in evaluating whether it is
     apakah secara wajar akan menggunakan opsi untuk                 reasonably certain to exercise the option to renew
     memperbarui atau mengakhiri sewa. Grup                          or terminate the lease or not. The Group considers
     mempertimbangkan semua faktor relevan yang                      all relevant factors that create an economic
     membentuk insentif ekonomi untuk melakukan                      incentive for them to exercise either the renewal or
     pembaruan atau penghentian. Setelah tanggal                     termination. After the commencement date, the
     permulaan, Grup menilai kembali masa sewa jika                  Group reassesses the lease term if there is a
     terdapat peristiwa atau perubahan signifikan yang               significant event or change in circumstances that is
     berada dalam kendalinya dan mempengaruhi                        within its control and affects its ability to exercise or
     kemampuannya untuk menjalankan atau tidak                       not to exercise the option to renew or to terminate.
     menggunakan opsi untuk memperbarui atau untuk
     mengakhiri.




                                                           48
Page 336
                                                                 The original consolidated financial statements included herein
                                                                                                   are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                            PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                              AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                           NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                            FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                              and for the Year Then Ended
             (Disajikan dalam Rupiah,                                          (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                        Unless Otherwise Stated)


3.   PERTIMBANGAN, ESTIMASI            DAN       ASUMSI         3.   SIGNIFICANT ACCOUNTING JUDGEMENTS,
     YANG SIGNIFIKAN (lanjutan)                                      ESTIMATES AND ASSUMPTIONS (continued)

     Estimasi dan Asumsi                                             Estimation and Assumptions

     Asumsi utama masa depan dan sumber utama                         The key assumptions concerning the future and
     estimasi ketidakpastian lain pada tanggal pelaporan             other key sources of uncertainty of estimation at the
     yang memiliki risiko signifikan bagi penyesuaian                reporting date that have a significant risk of causing
     yang material terhadap nilai tercatat aset dan                  material adjustments to the carrying amounts of
     liabilitas untuk tahun berikutnya diungkapkan di                assets and liabilities within the next financial year
     bawah ini. Grup mendasarkan asumsi dan estimasi                 are disclosed below. The Group based its
     pada parameter yang tersedia pada saat laporan                  assumptions and estimates on parameters available
     keuangan konsolidasian disusun. Asumsi dan                      when the consolidated financial statements were
     situasi mengenai perkembangan masa depan                        prepared. Existing circumstances and assumptions
     mungkin berubah akibat perubahan pasar atau                     about future developments may change due to
     situasi di luar kendali Grup. Perubahan tersebut                market changes or circumstances arising beyond
     dicerminkan dalam asumsi terkait pada saat                      the control of the Group. Such changes are reflected
     terjadinya.                                                     in the assumptions when they occur.

     Penyisihan atas Penurunan Nilai Piutang Usaha                   Allowance for Impairment of Trade Receivables

     Grup menetapkan estimasi penyisihan penurunan                   The Group estimates impairment allowance for
     nilai piutang usaha menggunakan pendekatan yang                 trade receivables using simplified approach of ECL.
     disederhanakan dari KKE. Matriks provisi digunakan              A provision matrix is used to determine ECL for
     untuk menghitung KKE untuk piutang usaha dan                    trade and other receivables, where the provision
     lain-lain. Tarif provisi didasarkan pada hari                   rates are based on days past due for groupings of
     tunggakan untuk pengelompokan berbagai segmen                   various customer segments that have similar loss
     pelanggan yang memiliki pola kerugian serupa.                   patterns.

     Matriks provisi awalnya didasarkan pada riwayat                 The provision matrix is initially based on the
     tingkat kerugian pelanggan. Grup akan melakukan                 customers historical observed loss rates. The
     penyesuaian pengalaman kerugian historis dengan                 Group will adjust the historical observed loss
     informasi berwawasan ke depan. Misalnya, jika                   experience with forward-looking information. For
     prakiraan kondisi ekonomi yang terkait erat dengan              instance, if forecast economic conditions closely
     riwayat tingkat kerugian diperkirakan akan                      related to the historical observed loss are expected
     memburuk pada tahun berikutnya yang dapat                       to deteriorate over the next year which can lead to
     menyebabkan peningkatan jumlah gagal bayar pada                 an increased number of defaults in the sectors
     sektor-sektor pelanggan beroperasi, riwayat tingkat             where customers are operating, the historical losses
     kerugian disesuaikan. Pada setiap tanggal                       are adjusted accordingly. At every reporting date,
     pelaporan, riwayat tingkat gagal bayar yang diamati             the historical observed loss rates are updated and
     diperbarui dan perubahan dalam estimasi                         changes in the forward-looking estimates are
     berwawasan ke depan dianalisis.                                 analyzed.

     Evaluasi atas korelasi antara tingkat gagal bayar               The assessment of the correlation between
     yang diamati secara historis, prakiraan kondisi                 historical observed loss rates, forecast economic
     ekonomi dan KKE, adalah estmasi signifikan.                     conditions and ECLs, is a significant estimate. The
     Jumlah KKE sensitif terhadap perubahan keadaan                  amount of ECLs is sensitive to changes in
     dan prakiraan kondisi ekonomi. Kerugian kredit                  circumstances and of forecast economic conditions.
     historis Grup dan perkiraan kondisi ekonomi                     The Group’s historical observed loss rate and
     mungkin tidak mewakili tingkat gagal bayar                      forecast of economic conditions may not be
     pelanggan aktual di masa depan.                                 representative of customer’s actual default in the
                                                                     future.

     Penjelasan   lebih   lanjut   diungkapkan    dalam              Further details are disclosed in Note 5.
     Catatan 5.




                                                           49
Page 337
                                                                  The original consolidated financial statements included herein
                                                                                                    are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                             PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                               AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                            NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                             FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
             (Disajikan dalam Rupiah,                                           (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                         Unless Otherwise Stated)


3.   PERTIMBANGAN, ESTIMASI             DAN     ASUMSI           3.   SIGNIFICANT ACCOUNTING JUDGEMENTS,
     YANG SIGNIFIKAN (lanjutan)                                       ESTIMATES AND ASSUMPTIONS (continued)

     Estimasi dan Asumsi (lanjutan)                                   Estimation and Assumptions (continued)

     Penyisihan Penurunan Nilai Pasar dan Keusangan                   Allowance for Decline in Market Values and
     Persediaan                                                       Obsolescence of Inventories

     Penyisihan penurunan nilai pasar dan keusangan                    Allowance for decline in market values and
     persediaan diestimasi berdasarkan fakta dan                      obsolescence of inventories is estimated based on
     keadaan yang tersedia, termasuk namun tidak                      the best available facts and circumstances,
     terbatas kepada, kondisi fisik persediaan yang                   including but not limited to, the inventories’ own
     dimiliki, harga jual pasar, estimasi biaya                       physical conditions, their market selling prices,
     penyelesaian dan estimasi biaya yang timbul untuk                estimated costs of completion and estimated costs
     penjualan. Penyisihan dievaluasi kembali dan                     to sell. The provisions are re-evaluated and adjusted
     disesuaikan jika terdapat tambahan informasi yang                as additional information received affects the
     mempengaruhi total yang diestimasi. Penjelasan                   amount estimated. Further details are disclosed in
     lebih lanjut diungkapkan dalam Catatan 7.                        Note 7.

     Penyusutan Aset Tetap                                            Depreciation of Fixed Assets

     Aset tetap disusutkan dan diamortisasi dengan                    Fixed assets are depreciated using the straight-line
     menggunakan metode garis lurus dan saldo                         and declining balance method based on estimated
     menurun berdasarkan taksiran masa manfaat                        useful lives of the related assets ranging from 4 to
     ekonomis dari aset yang bersangkutan berkisar                    40 years, respectively, a range that is generally
     antara 4 hingga 40 tahun, suatu kisaran yang                     thought of in similar industries. Changes in the
     umumnya digunakan dalam industri sejenis.                        pattern of usage and the level of technological
     Perubahan dalam pola pemakaian dan tingkat                       development could impact the economic useful lives
     perkembangan teknologi dapat mempengaruhi                        and residual values of fixed assets estimated useful
     masa manfaat ekonomis serta nilai residu dari aset               lives. Therefore future depreciation charges are
     tetap. Oleh karena itu, biaya penyusutan masa                    likely to be changed. Further details are disclosed in
     depan memiliki kemungkinan untuk diubah.                         Note 11.
     Penjelasan lebih lanjut diungkapkan dalam
     Catatan 11.

     Amortisasi aset takberwujud                                      Amortization of intangible assets

     Biaya perolehan aset takberwujud diamortisasi                    The costs of intangible assets are amortized on a
     dengan menggunakan metode garis lurus                            straight-line method over their estimated economic
     berdasarkan estimasi masa manfaat ekonomisnya.                   useful lives.

     Aset Pajak Tangguhan                                             Deferred Tax Assets

     Aset pajak tangguhan diakui atas seluruh rugi fiskal              Deferred tax assets are recognized for all unused
     yang    belum    digunakan     sepanjang     besar               tax losses to the extent that it is probable that
     kemungkinannya bahwa penghasilan kena pajak                      taxable profit will be available against which the
     akan tersedia sehingga rugi fiskal tersebut dapat                losses can be utilized. Significant management
     digunakan. Estimasi signifikan digunakan oleh                    estimates are required to determine the amount of
     manajemen dalam menentukan jumlah aset pajak                     deferred tax assets that can be recognized, based
     tangguhan yang dapat diakui, berdasarkan saat                    upon the likely timing and the level of future taxable
     penggunaan dan tingkat penghasilan kena pajak                    profits together with future tax planning strategies.
     dan strategi perencanaan pajak masa depan.                       Further details are disclosed in Note 29.
     Penjelasan lebih lanjut diungkapkan dalam
     Catatan 29.




                                                            50
Page 338
                                                                    The original consolidated financial statements included herein
                                                                                                      are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                               PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                              NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                               FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                 and for the Year Then Ended
             (Disajikan dalam Rupiah,                                             (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


3.   PERTIMBANGAN, ESTIMASI              DAN     ASUMSI            3.   SIGNIFICANT ACCOUNTING JUDGEMENTS,
     YANG SIGNIFIKAN (lanjutan)                                         ESTIMATES AND ASSUMPTIONS (continued)

     Estimasi dan Asumsi (lanjutan)                                     Estimation and Assumptions (continued)

     Liabilitas Imbalan Kerja Karyawan                                  Employee Benefits Liabilities

     Pengukuran liabilitas imbalan kerja karyawan Grup                  The measurement of the Group’s employee benefits
     bergantung pada pemilihan asumsi yang digunakan                    liability is dependent on its selection of certain
     oleh aktuaris independen dalam menghitung jumlah-                  assumptions used by the independent actuaries in
     jumlah tersebut. Asumsi tersebut termasuk antara                   calculating such amounts. Those assumptions
     lain, tingkat diskonto, tingkat kenaikan gaji tahunan,             include among others, discount rates, future annual
     tingkat pengunduran diri karyawan tahunan, tingkat                 salary increase, annual employee turn-over rate,
     kecacatan, umur pensiun dan tingkat kematian.                      disability rate, retirement age and mortality rate.
     Keuntungan atau kerugian aktuarial yang timbul dari                Actuarial gains or losses arising from experience
     penyesuaian dan perubahan dalam asumsi-asumsi                      adjustments and changes in actuarial assumptions
     aktuarial diakui secara langsung pada laporan posisi               are recognized immediately in the consolidated
     keuangan konsolidasian dengan debit atau kredit ke                 statement of financial position with a corresponding
     saldo laba melalui PKL dalam periode terjadinya.                   debit or credit to retained earnings through OCI the
     Hasil aktual yang berbeda dari asumsi yang                         the period in which they occur. Actual results that
     ditetapkan Grup dicatat sesuai dengan kebijakan                    differ from the Group’s assumptions are accounted
     yang dimaksudkan di dalam Catatan 2r.                              in accordance with the policies as mentioned in
                                                                        Note 2r.

     Sementara Grup berkeyakinan bahwa asumsi                           The Group believes that its assumptions on
     tersebut adalah wajar dan sesuai, perbedaan                        reporting date are reasonable and appropriate. Any
     signifikan pada hasil aktual atau perubahan                        significant differences in the Group’s actual result or
     signifikan dalam asumsi yang ditetapkan Grup dapat                 significant changes in the Group’s assumptions may
     mempengaruhi secara material liabilitas diestimasi                 materially affect its long-term employee benefits
     atas pensiun dan imbalan kerja dan beban imbalan                   liability and employee benefits expense.
     kerja neto.

     Ketidakpastian Kewajiban Perpajakan                                Uncertain Tax Exposure

     Dalam situasi tertentu, Grup tidak dapat                           In certain circumstances, the Group, may not able to
     menentukan secara pasti jumlah liabilitas pajak                    determine the exact amount of its current or future
     mereka pada saat ini atau masa depan karena                        tax liabilities due to possibility of examination by the
     kemungkinan adanya pemeriksaan dari otoritas                       taxation authority. Uncertainties exist with respect to
     perpajakan. Ketidakpastian timbul terkait dengan                   the interpretation of complex tax regulations and the
     interprestasi dari peraturan perpajakan yang                       amount and timing of future taxable income. In
     kompleks dan jumlah dan waktu dari penghasilan                     determining the amount to be recognized in respect
     kena pajak di masa depan. Dalam menentukan                         of an uncertain tax liability, the Group applies similar
     jumlah yang harus diakui terkait dengan liabilitas                 considerations as it would use in determining the
     pajak yang tidak pasti, Grup menerapkan                            amount of a provision to be recognized in
     pertimbangan yang sama yang akan mereka                            accordance with PSAK 338: Provisions, Contingent
     gunakan dalam menentukan jumlah cadangan yang                      Liabilities and Contingent Assets. The Group
     harus diakui sesuai dengan PSAK 338: Provisi,                      analyzes all tax positions related to income taxes to
     Liabilitas Kontinjensi dan Aset Kontinjensi. Grup                  determine if a tax liability for unrecognized tax
     menganalisa semua posisi pajak terkait dengan                      benefit should be recognized.
     pajak penghasilan untuk menentukan liabilitas pajak
     untuk beban yang belum diakui harus diakui.




                                                              51
Page 339
                                                                   The original consolidated financial statements included herein
                                                                                                     are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                              PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                             NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                              FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                      As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                and for the Year Then Ended
             (Disajikan dalam Rupiah,                                            (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                          Unless Otherwise Stated)


3.   PERTIMBANGAN, ESTIMASI              DAN    ASUMSI            3.   SIGNIFICANT ACCOUNTING JUDGEMENTS,
     YANG SIGNIFIKAN (lanjutan)                                        ESTIMATES AND ASSUMPTIONS (continued)

     Estimasi dan Asumsi (lanjutan)                                    Estimates and Assumptions (continued)

     Sewa - Memperkirakan suku bunga pinjaman                          Leases - Estimating the incremental borrowing rate
     inkremental

     Grup tidak dapat langsung menentukan tingkat                      The Group cannot readily determine the interest rate
     bunga implisit dalam sewa, oleh karena itu, Grup                  implicit in the lease, therefore, it uses its IBR to
     menggunakan SBPI untuk mengukur liabilitas sewa.                  measure lease liabilities. The IBR is the rate of
     SBPI adalah tingkat bunga yang harus dibayar oleh                 interest that the Group would have to pay to borrow
     Grup untuk meminjam dalam jangka waktu yang                       over a similar term.
     sama.

     Dengan demikian, SBPI mencerminkan tingkat                        The IBR therefore reflects interest the Group would
     bunga yang harus dibayar oleh Grup, yang perlu                    have to pay, which requires estimation when no
     diestimasi ketika tidak ada tingkat bunga yang dapat              observable rates are available (such as for entities
     langsung diamati (seperti untuk entitas dalam Grup                within the Group that do not enter into financing
     yang tidak melakukan transaksi pembiayaan) atau                   transactions) or when they need to be adjusted to
     ketika tingkat bunga perlu disesuaikan untuk                      reflect the terms and conditions of the lease.
     mencerminkan persyaratan dan kondisi sewa.

     Uji Penurunan Nilai Aset Tidak Lancar dan Goodwill                Impairment Test of Non-current             Assets and
                                                                       Goodwill

     Goodwill diuji untuk penurunan nilai setiap tahun                 Goodwill is subject to annual impairment test and
     dan jika terdapat indikasi penurunan nilai.                       whenever there is an indication that such asset may
     Manajemen menggunakan pertimbangan dalam                          be impaired. Management uses its judgment in
     mengestimasi jumlah terpulihkan dan menentukan                    estimating the recoverable value and determining if
     adanya indikasi penurunan nilai.                                  there is any indication of impairment.

     Penurunan nilai terjadi pada saat nilai tercatat aset             An impairment exists when the carrying value of an
     atau UPK melebihi jumlah terpulihkannya, yaitu yang               asset or CGU exceeds its recoverable amount,
     lebih tinggi antara nilai wajar dikurangi biaya untuk             which is the higher of its fair value less costs to sell
     menjual dan nilai pakainya. Nilai wajar dikurangi                 and its value in use. The fair value less costs to sell
     biaya untuk menjual dan nilai pakai diestimasi                    and the value in use are estimated based on the net
     berdasarkan arus kas masa depan neto yang                         future cash flows discounted to their present values
     didiskontokan ke nilai kini dengan menggunakan                    using a pre-tax discount rate that reflects current
     tingkat     diskonto      sebelum      pajak    yang              market assessments of the time value of money and
     menggambarkan penilaian pasar kini dari nilai waktu               the specific risks to the related CGU.
     uang dan risiko spesifik atas UPK terkait.

     Jumlah terpulihkan paling sensitif terhadap tingkat               The recoverable amount is most sensitive to the
     diskonto yang digunakan untuk model arus kas neto                 discount rate used for the discounted cash flow
     yang didiskontokan seperti halnya dengan arus kas                 model as well as the expected net future cash
     masuk masa depan yang diharapkan dan tingkat                      inflows and the growth rate used for extrapolation
     pertumbuhan yang digunakan untuk tujuan                           purposes. The key inputs used to determine the
     ekstrapolasi. Input utama yang digunakan untuk                    recoverable amount for the CGU are further
     menentukan        jumlah      terpulihkan      UPK                explained in Note 12.
     masing-masing dijelaskan lebih rinci dalam
     Catatan 12.




                                                             52
Page 340
                                                                         The original consolidated financial statements included herein
                                                                                                           are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                                       PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                         AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                                      NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                                       FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                               As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                         and for the Year Then Ended
             (Disajikan dalam Rupiah,                                                     (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                                   Unless Otherwise Stated)


4.   KAS DAN SETARA KAS                                                 4.     CASH AND CASH EQUIVALENTS
     Rincian kas dan setara kas adalah sebagai berikut:                        The details of cash and cash equivalents are as
                                                                               follows:

                                              31 Desember 2025/    31 Desember 2024/
                                              December 31, 2025    December 31, 2024

     Kas                                                                                                                  Cash on hand
        Rupiah                                        33.016.560               20.489.155                                      Rupiah
        Dolar Australia                                                                                              Australian Dollar
         ($AU330 pada tanggal                                                                                       (AU$330 as of
         31 Desember 2025 dan                                                                                December 31, 2025 and
         $AU326 pada tanggal                                                                                         AU$326 as of
         31 Desember 2024)                             3.714.150                3.286.693                       December 31, 2024)

     Subtotal kas                                     36.730.710               23.775.848                          Sub-total cash on hand

     Bank                                                                                                                 Cash in banks
        Rupiah                                                                                                                 Rupiah
          PT Bank Mandiri (Persero) Tbk           16.415.596.770             6.113.400.912            PT Bank Mandiri (Persero) Tbk
          PT Bank OCBC NISP Tbk                    7.520.741.404             1.348.415.582                PT Bank OCBC NISP Tbk
          PT Bank Central Asia Tbk                 1.864.865.770             4.446.950.550                PT Bank Central Asia Tbk
          PT Bank Negara Indonesia
              (Persero) Tbk                        1.001.966.561         32.503.206.935      PT Bank Negara Indonesia (Persero) Tbk
          PT Bank Sinarmas Tbk                       246.382.787         45.220.037.206                      PT Bank Sinarmas Tbk
          PT Bank Pembangunan Daerah Banten                                                   PT Bank Pembangunan Daerah Banten
              (Perseroda) Tbk                          3.071.790                         -                     (Perseroda) Tbk
        Dolar Amerika Serikat                                                                                      United States Dollar
          PT Bank Central Asia Tbk                                                                         PT Bank Central Asia Tbk
              ($AS28.845 pada tanggal                                                                         (US$28,845 as of
              31 Desember 2025 dan                                                                     December 31, 2025 and
              $ AS14.233 pada tanggal                                                                          US$14,233 as of
              31 Desember 2024)                     484.074.776               230.033.746                  December 31, 2024)
          PT Bank Mandiri (Persero) Tbk                                                               PT Bank Mandiri (Persero) Tbk
              ($AS11.075 pada tanggal                                                                         (US$11,075 as of
              31 Desember 2025 dan                                                                     December 31, 2025 and
              $AS1.440 pada tanggal                                                                             US$1,440 as of
              31 Desember 2024)                     185.860.650                23.273.280                  December 31, 2024)
          PT Bank Sinarmas Tbk                                                                               PT Bank Sinarmas Tbk
              ($AS1.861 pada tanggal                                                                           (US$1,861 as of
              31 Desember 2025 dan                                                                     December 31, 2025 and
              $AS522 pada tanggal                                                                                 US$522 as of
              31 Desember 2024)                       31.233.986                8.442.553                  December 31, 2024)
          The Hongkong and Shanghai                                                                    The Hongkong and Shanghai
              Banking Corporation                                                                            Banking Corporation
              ($AS100 pada tanggal                                                                               (US$100 as of
              31 Desember 2025 dan                                                                     December 31, 2025 and
              $AS143 pada tanggal                                                                                 US$143 as of
              31 Desember 2024)                        1.679.825                2.311.328                  December 31, 2024)
        Dolar Singapura                                                                                               Singapore Dollar
          PT Bank Sinarmas Tbk                                                                               PT Bank Sinarmas Tbk
              ($SG2.120 pada tanggal                                                                           (SG$2,120 as of
              31 Desember 2025 dan                                                                     December 31, 2025 and
              $SG1.680 pada tanggal                                                                             SG$1,680 as of
              31 Desember 2024)                       27.704.697               20.024.483                  December 31, 2024)
          PT Bank OCBC NISP Tbk                                                                           PT Bank OCBC NISP Tbk
              ($SG1.167 pada tanggal                                                                           (SG$1,167 as of
              31 Desember 2025)                       15.246.708                         -                 December 31, 2025)
        Dolar Australia                                                                                               Australian Dollar
          The Hongkong and Shanghai                                                                    The Hongkong and Shanghai
              Banking Corporation                                                                            Banking Corporation
              ($AU2.355.486 pada tanggal                                                                     (AU$2,355,486 as of
              31 Desember 2025 dan                                                                        December 31, 2025 and
              $AU4.174.913 pada tanggal                                                                       AU$4,174,913 as of
              31 Desember 2024)                   26.510.994.232         42.090.971.876                      December 31, 2024)
          PT Bank Sinarmas Tbk                                                                               PT Bank Sinarmas Tbk
              ($AU241.588 pada tanggal                                                                         (AU$241,588 as of
              31 Desember 2025 dan                                                                        December 31, 2025 and
              $AU258.443 pada tanggal                                                                           AU$258,443 as of
              31 Desember 2024)                    2.719.048.565             2.605.587.671                   December 31, 2024)




                                                                   53
Page 341
                                                                            The original consolidated financial statements included herein
                                                                                                              are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                                          PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                            AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                                         NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                                          FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                  As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                            and for the Year Then Ended
             (Disajikan dalam Rupiah,                                                        (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                                      Unless Otherwise Stated)


4.   KAS DAN SETARA KAS (lanjutan)                                         4.     CASH AND CASH EQUIVALENTS (continued)
     Rincian kas dan setara kas adalah sebagai berikut:                           The details of cash and cash equivalents are as
     (lanjutan)                                                                   follows: (continued)

                                                 31 Desember 2025/    31 Desember 2024/
                                                 December 31, 2025    December 31, 2024

     Bank (lanjutan)                                                                                            Cash in banks (continued)
        Dolar Australia (lanjutan)                                                                           Australian Dollar (continued)
           Commonwealth Bank of Australia                                                               Commonwealth Bank of Australia
              ($AU42.881 pada tanggal                                                                             (AU$42,881 as of
              31 Desember 2025 dan                                                                          December 31, 2025 and
              $AU884.343 pada tanggal                                                                            AU$884,343 as of
              31 Desember 2024)                        482.625.655              8.915.840.005                  December 31, 2024)

     Subtotal bank                                   57.511.094.176        143.528.496.127                              Sub-total cash in banks

     Setara kas - deposito berjangka                                                                        Cash equivalents - time deposits
        Rupiah                                                                                                                        Rupiah
           PT Bank Victoria International, Tbk       41.000.000.000        150.000.000.000             PT Bank Victoria International, Tbk
           PT Bank OCBC NISP Tbk                                  -         55.000.000.000                    PT Bank OCBC NISP Tbk

          Dolar Australia                                                                                                 Australian Dollar
            The Hongkong and Shanghai                                                                       The Hongkong and Shanghai
                Banking Corporation                                                                              Banking Corporation
                ($AU287.868 pada tanggal                                                                          (AU$287,868 as of
                31 Desember 2025 dan                                                                          December 31, 2025 and
                $AU327.815 pada tanggal                                                                            AU$327,815 as of
                31 Desember 2024)                     3.239.954.340             3.304.991.492                    December 31, 2024)

     Subtotal setara kas - deposito berjangka        44.239.954.340        208.304.991.492            Sub-total cash equivalents - time deposits

     Total                                          101.787.779.226        351.857.263.467                                                Total


     Tidak terdapat saldo kas kepada pihak-pihak                                  There is no cash balances placed with related party
     berelasi pada tanggal 31 Desember 2025 dan 2024.                             as of December 31, 2025 and 2024.
     Suku bunga tahunan untuk deposito berjangka                                  Annual interest rate for time deposits in Rupiah for
     dalam Rupiah untuk tahun yang berakhir pada                                  the years ended December 31, 2025 and 2024 is
     tanggal 31 Desember 2025 dan 2024 adalah                                     ranging from 5.25% and 4.75% - 7%, respectively.
     masing-masing berkisar antara 5,25% dan 4,75% -                              Annual interest rate for time deposits in Australian
     7%. Suku bunga tahunan untuk deposito berjangka                              Dollar and Singapore Dollar for the year ended
     dalam Dolar Australia dan Dolar Singapura untuk                              December 31, 2025 and 2024 ranging from 3.49% -
     tahun yang berakhir pada tanggal 31 Desember                                 3.74% and 4.12% - 4.25%, respectively.
     2025 dan 2024 masing-masing berkisar antara
     3,49% - 3,74% dan 4,12% - 4,25%.

5.   PIUTANG USAHA - PIHAK KETIGA - NETO                                   5.     TRADE RECEIVABLES - THIRD PARTIES - NET
     a.      Rincian piutang usaha - pihak ketiga - neto                          a.   The details of trade receivables - third parties -
             berdasarkan mata uang adalah sebagai berikut:                             net by currency are as follows:
                                                 31 Desember 2025/ 31 Desember 2024/
                                                 December 31, 2025 December 31, 2024

             Pihak ketiga:                                                                                                 Third parties:
               Rupiah                             315.789.319.121      265.515.433.638                                           Rupiah
               Dolar Amerika Serikat                                                                                United States Dollar
                  ($AS111.456 pada tanggal                                                                         (US$111,456 as of
                  31 Desember 2025)                 1.870.454.592                           -                     December 31, 2025)
               Dolar Australia                                                                                         Australian Dollar
                  ($AU41.658.103 pada tanggal                                                                   (AU$41,658,103 as of
                  31 Desember 2025 dan                                                                         December 31, 2025 and
                  $AU39.966.265 pada tanggal                                                                     AU$39,966,265 as of
                  31 Desember 2024)               468.861.949.265      402.935.087.778                             December 31, 2024)



                                                                      54
Page 342
                                                                     The original consolidated financial statements included herein
                                                                                                       are in Indonesian language.

          PT PYRIDAM FARMA Tbk                                                   PT PYRIDAM FARMA Tbk
          DAN ENTITAS ANAKNYA                                                     AND ITS SUBSIDIARIES
         CATATAN ATAS LAPORAN                                                  NOTES TO THE CONSOLIDATED
        KEUANGAN KONSOLIDASIAN                                                   FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                           As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                                     and for the Year Then Ended
          (Disajikan dalam Rupiah,                                                 (Expressed in Rupiah,
          Kecuali Dinyatakan Lain)                                               Unless Otherwise Stated)


5. PIUTANG USAHA - PIHAK KETIGA - NETO                               5. TRADE RECEIVABLES - THIRD PARTIES - NET
   (lanjutan)                                                           (continued)
  a.   Rincian piutang usaha - pihak ketiga - neto                      a.    The details of trade receivables - third parties -
       berdasarkan mata uang adalah sebagai berikut:                          net by currency are as follows: (continued)
       (lanjutan)
                                           31 Desember 2025/ 31 Desember 2024/
                                           December 31, 2025 December 31, 2024

       Pihak ketiga: (lanjutan)                                                                          Third parties: (continued)
         Dolar Singapura                                                                                        Singapore Dollar
            ($SG1.167 pada tanggal                                                                            (SG$1,167 as of
            31 Desember 2025)                    15.251.523                       -                       December 31, 2025)
       Total                                786.536.974.501     668.450.521.416                                             Total
       Cadangan kerugian penurunan nilai    (30.848.252.101)    (23.054.954.215)                 Allowance for impairment losses
       Total piutang usaha                                                                               Total trade receivables
            pihak ketiga - neto             755.688.722.400     645.395.567.201                             third parties - net


  b.   Perubahan saldo pencadangan atas kerugian                        b.    The movements in the balance of allowance for
       penurunan nilai piutang usaha - pihak ketiga -                         impairment losses of trade receivables - third
       neto adalah sebagai berikut:                                           parties - net are as follows:
                                                Tahun yang Berakhir pada
                                                  Tanggal 31 Desember/
                                                Year Ended December 31
                                                 2025                  2024

       Saldo awal                            23.054.954.215         13.153.717.830                            Beginning balance
       Saldo dari entitas anak                                                                           Balance from subsidiary
          pada tanggal akuisisi                           -          4.259.674.955                        at acquisition date
       Penambahan (Catatan 26)               14.674.221.583          7.336.345.622                            Addition (Note 26)
       Penghapusan                           (6.880.923.697)        (1.694.784.192)                                    Written-off
       Saldo akhir                           30.848.252.101         23.054.954.215                               Ending balance


  c.   Rincian umur piutang usaha - pihak ketiga -                      c.    The aging analysis of trade receivables - third
       neto adalah sebagai berikut:                                           parties - net is as follows:
                                           31 Desember 2025/ 31 Desember 2024/
                                           December 31, 2025 December 31, 2024

       Belum jatuh tempo                    543.880.370.654     487.692.963.222                                      Not yet due
       1 - 30 hari                          136.899.443.595     129.468.654.890                                      1 - 30 days
       31 - 60 hari                          60.769.985.497      21.597.918.227                                     31 - 60 days
       Lebih dari 60 hari                    44.987.174.755      29.690.985.077                               More than 60 days
       Total                                786.536.974.501     668.450.521.416                                             Total


  Pada tanggal 31 Desember 2025 dan 2024 piutang                        As of December 31, 2025 and 2024, certain trade
  usaha tertentu milik entitas anak dijaminkan untuk                    receivables of a subsidiary are pledged as collateral
  utang bank dari PT Bank OCBC NISP Tbk                                 for bank loans from PT Bank OCBC NISP Tbk
  dan PT Bank Mandiri (Persero) Tbk (Catatan 14                         and PT Bank Mandiri (Persero) Tbk (Notes 14
  dan 18).                                                              and 18).




                                                               55
Page 343
                                                                        The original consolidated financial statements included herein
                                                                                                          are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                                   PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                     AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                                  NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                                   FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                           As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                     and for the Year Then Ended
             (Disajikan dalam Rupiah,                                                 (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                               Unless Otherwise Stated)


5. PIUTANG USAHA - PIHAK KETIGA - NETO                                  5. TRADE RECEIVABLES - THIRD PARTIES - NET
   (lanjutan)                                                              (continued)
     Berdasarkan hasil penelaahan terhadap keadaan                          Based on the review of trade receivables for each
     akun piutang usaha masing-masing pelanggan pada                        customer at the end of the year, the Group’s
     akhir tahun, manajemen Grup berpendapat bahwa                          management believe that the allowance for
     cadangan kerugian penurunan nilai cukup untuk                          impairment loss on trade receivables is adequate to
     menutupi kemungkinan kerugian atas tidak                               cover possible losses from non-collection of the
     tertagihnya piutang usaha.                                             accounts.


6.   PIUTANG LAIN-LAIN - PIHAK KETIGA                                  6.   OTHER RECEIVABLES - THIRD PARTIES
      Rincian piutang lain-lain pihak ketiga adalah                         The details of other receivables - third parties are as
      sebagai berikut:                                                      follows:
                                            31 Desember 2025/ 31 Desember 2024/
                                            December 31, 2025 December 31, 2024

     Penagihan kembali terkait                                                                       Reimbursement related to toll
          beban maklun kepada pelanggan         1.078.532.885          3.571.173.288       manufacturing expenses to customer
     Piutang karyawan                           1.055.221.244            762.429.483                        Employee receivables
     Pemegang lisensi pemasaran                   894.462.520            953.233.640                      Marketing license holder
     Lain-lain                                  2.199.552.345          2.276.371.960                                       Others
     Total piutang lain-lain                    5.227.768.994          7.563.208.371                        Total other receivables


     Pembayaran piutang diharapkan selesai dalam satu                       Collection is expected in one year or less (or in the
     tahun atau kurang (atau dalam siklus normal operasi                    normal operating cycle of business if longer), they
     dari bisnis jika lebih lama), piutang tersebut                         are classified as current assets. If not, they are
     dikelompokkan sebagai aset lancar. Jika tidak,                         presented as non-current assets.
     piutang tersebut disajikan sebagai aset tidak lancar.

     Manajemen berkeyakinan bahwa tidak terdapat                            Management believes that there is no objective
     bukti objektif penurunan nilai dan seluruh saldo                       evidence of impairment and that the entire other
     piutang lain-lain tersebut dapat tertagih. Oleh karena                 receivables are collectible. Therefore, no provision
     itu, tidak diperlukan penyisihan penurunan nilai                       for impairment losses was provided.
     piutang.


7.   PERSEDIAAN - NETO                                                 7.   INVENTORIES - NET
     Akun ini terdiri dari:                                                 This account consists of:
                                            31 Desember 2025/ 31 Desember 2024/
                                            December 31, 2025 December 31, 2024

     Bahan baku dan kemasan                   317.655.099.851     300.139.143.730               Raw materials and packaging
     Barang jadi dan barang dagangan          171.252.123.038     141.934.783.889 Finished goods and merchandise inventories
     Barang dalam proses                       33.552.864.424      22.342.277.349                           Work in process
     Persediaan konsumsi                        6.970.977.912       6.895.490.750                    Consumable inventories
     Suku cadang dan lain-lain                  8.534.456.424       4.416.115.252                     Spareparts and others

     Subtotal                                 537.965.521.649     475.727.810.970                                           Sub-total
     Dikurangi: cadangan keusangan                                                                Less: allowance for obsolescence
       dan penurunan nilai persediaan         (53.994.978.440)        (18.555.252.293)         and decline in value of inventories
     Neto                                     483.970.543.209     457.172.558.677                                                Net




                                                                 56
Page 344
                                                                   The original consolidated financial statements included herein
                                                                                                     are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                               PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                              NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                               FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                 and for the Year Then Ended
             (Disajikan dalam Rupiah,                                             (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


7.   PERSEDIAAN - NETO (lanjutan)                                 7.    INVENTORIES - NET (continued)

     Mutasi cadangan keusangan dan penurunan nilai                       The movements of allowance for obsolescence
     persediaan adalah sebagai berikut:                                  and decline in value of inventories are as follows:

                                               Tahun yang Berakhir pada
                                                 Tanggal 31 Desember/
                                               Year Ended December 31
                                                2025                   2024

     Saldo awal tahun                       18.555.252.293         9.012.952.003                   Balance at beginning of year
     Penyisihan selama                                                                                               Provisions
       tahun berjalan - neto                35.439.726.147         9.542.300.290                        during the year - net
     Saldo akhir tahun                      53.994.978.440        18.555.252.293                       Balance at end of year


     Berdasarkan hasil penelaahan berkala terhadap                      Based on the review of the physical inventories and
     keadaan fisik dan nilai realisasi neto persediaan,                 net realizable value of inventories, Group’s
     Manajemen Grup berkeyakinan bahwa cadangan                         management believes that the allowance for
     keusangan dan penurunan nilai persediaan pada                      obsolescence and decline in value of inventories as
     tanggal 31 Desember 2025 dan 2024 telah memadai                    of December 31, 2025 and 2024 is adequate to
     untuk menutup kemungkinan kerugian keusangan                       cover possible losses arising from obsolescence
     dan penurunan nilai persediaan.                                    and decline in value of inventories.

     Pada tanggal 31 Desember 2025 dan 2024,                            As of 31 December 2025 and 2024, inventories of
     persediaan Grup telah diasuransikan kepada pihak                   the Group’s are insured with third parties against fire
     ketiga terhadap risiko kebakaran dan risiko                        and other risks amounted to Rp379,869,739,619
     kerugian   lainnya     masing-masing     sebesar                   and Rp303,766,706,206, respectively.
     Rp379.869.739.619 dan Rp303.766.706.206.

     Manajemen       Grup      berpendapat     jumlah                   The Group’s management believes the amount of
     pertanggungan     tersebut    mencukupi     untuk                  coverage is sufficient to anticipate the possibility of
     mengantisipasi kemungkinan terjadinya kerugian.                    loss.

     Persediaan senilai Rp83.750.000.000 masing-                        Inventories amounted to Rp83,750,000,000 as of
     masing pada 31 Desember 2025 dan 2024                              December 31, 2025 and 2024, respectively are
     dijaminkan untuk utang bank dari PT Bank OCBC                      pledged as collateral for bank loans from PT Bank
     NISP Tbk dan PT Bank Mandiri (Persero) Tbk                         OCBC NISP Tbk and PT Bank Mandiri (Persero)
     (Catatan 14 dan 18).                                               Tbk (Notes 14 and 18).




                                                             57
Page 345
                                                                                                The original consolidated financial statements included herein
                                                                                                                                  are in Indonesian language.

             PT PYRIDAM FARMA Tbk                                                                              PT PYRIDAM FARMA Tbk
             DAN ENTITAS ANAKNYA                                                                                AND ITS SUBSIDIARIES
            CATATAN ATAS LAPORAN                                                                             NOTES TO THE CONSOLIDATED
           KEUANGAN KONSOLIDASIAN                                                                              FINANCIAL STATEMENTS
        Tanggal 31 Desember 2025 dan untuk                                                                      As of December 31, 2025
     Tahun yang Berakhir pada Tanggal Tersebut                                                                and for the Year Then Ended
             (Disajikan dalam Rupiah,                                                                            (Expressed in Rupiah,
             Kecuali Dinyatakan Lain)                                                                          Unless Otherwise Stated)


8.   INVESTASI SAHAM                                                                           8.    INVESTMENT IN SHARES

     Akun ini merupakan investasi saham sebagai                                                      This account represents investment in shares of
     berikut:                                                                                        stock as follows:

                                                                           Persentase
                                                                           kepemilikan                Nilai wajar/Fair value
                                                                             efektif/
                                                                           Percentage          31 Desember/         31 Desember/
                                                  Jenis Usaha/             of effective        December 31,         December 31,
     Perusahaan                                 Business Activities         ownership              2025                 2024                                      Company

     Indopacific Health Technology Pte. Ltd.     Teknologi kesehatan/         6,76%            17.022.569.970        16.393.682.270   Indopacific Health Technology Pte. Ltd.
                                                  Health technology

     Asia Venture Capital Holding Pte. Ltd.    Induk perusahaan lainnya/     10,20%            44.319.978.318        32.377.011.360    Asia Venture Capital Holding Pte. Ltd.
                                                Other holding companies
     PT E-Tirta Medical Center                  Pelayanan kesehatan/         10,00%            14.748.637.157        15.322.489.273                PT E-Tirta Medical Center
                                                   Health services
     PT Global Assistance and Healthcare        Pelayanan kesehatan/         10,00%             7.826.084.982         8.130.588.739    PT Global Assistance and Healthcare
                                                   Health services
     PT Global Asistensi Medika                 Pelayanan kesehatan/         10,00%             4.573.808.806         4.751.770.324              PT Global Asistensi Medika
                                                   Health services
     PT Fullerton Health Indonesia              Pelayanan kesehatan/         10,00%                 27.272.647           28.333.794            PT Fullerton Health Indonesia
                                                   Health services
     Total                                                                                     88.518.351.880        77.003.875.760                                    Total



     Pada tanggal 31 Desember 2025 dan 2024 saldo                                                    As of December 31, 2025 and 2024 the balance of
     keuntungan (kerugian) neto instrumen investasi                                                  net gain (loss) on investment instrument designated
     yang diukur pada nilaı wajar melalui penghasilan                                                at fair value through other comprehensive income,
     komprehensif lain, setelah pengaruh pajak                                                       after the effect of deferred tax, resulted in an
     tangguhan, menghasilkan akumulasi kerugian neto                                                 unrealized      accumulated       net    loss     of
     yang belum direalisasikan masing-masing sebesar                                                 Rp9,024,236,925         and      Rp18,000,622,974,
     Rp9.024.236.925 dan Rp18.000.622.974 yang                                                       respectively, which are recorded through other
     dicatat melalui penghasilan komprehensif lain.                                                  comprehensive income.


9.   UANG MUKA                                                                                 9.    ADVANCES

     Pada tanggal 31 Desember 2025 dan 2024, uang                                                    As of December 31, 2025 and 2024, advances of
     muka masing-masing sebesar Rp40.621.682.541                                                     Rp40,621,682,541       and      Rp46,504,933,073,
     dan Rp46.504.933.073 merupakan uang muka atas                                                   respectively, mainly represents advances for
     pembelian persediaan, impor dan lain-lain.                                                      purchase of inventories, imports and others.


10. BIAYA DIBAYAR DI MUKA                                                                      10. PREPAID EXPENSES

     Pada tanggal 31 Desember 2025 dan 2024, biaya                                                   As of December 31, 2025 and 2024, prepaid
     dibayar   di    muka  masing-masing   sebesar                                                   expenses        of     Rp23,503,985,695    dan
     Rp23.503.985.695     dan     Rp17.610.378.004                                                   Rp17,610,378,004, mainly represents prepaid for
     merupakan biaya dibayar di muka atas asuransi,                                                  insurance, rent and others.
     sewa dan lain-lain.




                                                                                          58
Page 346
                                                                                                            The original consolidated financial statements included herein
                                                                                                                                              are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                                                             PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                                                               AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                                                            NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                                                             FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                                                     As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                                                               and for the Year Then Ended
           (Disajikan dalam Rupiah,                                                                                           (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                                                                         Unless Otherwise Stated)


11. ASET TETAP - NETO                                                                                  11. FIXED ASSETS - NET

   Rincian aset tetap - neto adalah sebagai berikut:                                                             Details of fixed assets - net are as follows:
                                                                     Tahun yang Berakhir pada Tanggal 31 Desember 2025/
                                                                               Year Ended December 31, 2025

                                                                                                                                    Selisih Kurs
                                                                                                                                    Penjabaran
                                                                                                                                      Laporan
                                                                                                                                    Keuangan/
                                                                                                                                   Difference in
                                                                                                                                      Foreign
                                                                                                                                     Currency
                                   Saldo Awal/                                                                                     Translation of             Saldo Akhir/
                                   Beginning             Penambahan/              Pengurangan/          Reklasifikasi/               Financial                  Ending
                                    Balance                Addition                Deductions          Reclassifications            Statements                  Balance

    Biaya Perolehan                                                                                                                                                                    Acquisition Cost
    Kepemilikan langsung                                                                                                                                                              Direct ownership
    Tanah                        215.241.298.837                      -                         -                        -                      -           215.241.298.837                       Land
    Bangunan dan prasarana       565.617.686.203         31.489.070.786            (8.685.274.114)          44.605.478.465          6.104.748.058           639.131.709.398 Building and improvements
    Mesin dan peralatan          964.519.935.995         38.669.203.228          (31.584.694.725)           38.112.042.771         65.193.642.113         1.074.910.129.382 Machinery and equipment
    Peralatan kantor              46.606.969.852          3.925.770.121           (6.474.796.007)           12.576.556.243          2.711.513.571            59.346.013.780           Office equipment
    Kendaraan                      6.646.988.657            260.000.000              (204.419.901)                       -                      -             6.702.568.756                    Vehicles

    Total                      1.798.632.879.544         74.344.044.135          (46.949.184.747)           95.294.077.479         74.009.903.742         1.995.331.720.153                            Total


    Aset dalam pembangunan         92.962.295.079        19.391.419.569             (389.432.836)        (95.294.725.737)           4.922.229.532            21.591.785.607       Construction in progress

    Total biaya perolehan      1.891.595.174.623         93.735.463.704          (47.338.617.583)                 (648.258)        78.932.133.274         2.016.923.505.760          Total Acquisition cost

    Akumulasi Penyusutan                                                                                                                                                      Accumulated Depreciation
    Kepemilikan langsung                                                                                                                                                               Direct ownership
    Bangunan dan prasarana       (182.970.705.314)      (17.330.540.996)           3.786.196.039                        -          (1.170.359.940)         (197.685.410.211) Building and improvements
    Mesin dan peralatan          (543.113.259.522)      (72.302.690.664)          21.943.516.949                  648.258         (30.994.423.042)         (624.466.208.021) Machinery and equipment
    Peralatan kantor              (33.487.213.656)       (6.851.871.375)           5.304.478.966                        -          (1.095.760.277)          (36.130.366.342)           Office equipment
    Kendaraan                      (5.162.701.352)         (344.704.881)             204.419.901                        -                       -            (5.302.986.332)                    Vehicles

    Total akumulasi                                                                                                                                                                     Total accumulated
        penyusutan               (764.733.879.844)      (96.829.807.916)          31.238.611.855                  648.258         (33.260.543.259)         (863.584.970.906)               depreciation

    Nilai Buku Neto            1.126.861.294.779                                                                                                          1.153.338.534.854               Net Book Value


                                                           Tahun yang Berakhir pada Tanggal 31 Desember 2024/
                                                                      Year Ended December 31, 2024
                                                                                                                                  Selisih Kurs
                                                                                                                                  Penjabaran
                                                                                                                                   Laporan
                                                Saldo dari Entitas                                                                Keuangan/
                                                   Anak pada                                                                     Difference in
                                                Tanggal Akuisisi/                                                              Foreign Currency
                                Saldo Awal/      Balances from                                                                 Translation of            Saldo Akhir/
                                 Beginning       Subsidiaries at       Penambahan/        Pengurangan/         Reklasifikasi/      Financial               Ending
                                  Balance       Acquisition Date         Addition          Deductions        Reclassifications    Statements               Balance

   Biaya Perolehan                                                                                                                                                                         Acquisition Cost
   Kepemilikan langsung                                                                                                                                                                   Direct ownership
   Tanah                     215.241.298.837                   -                    -                  -                   -                     -      215.241.298.837                               Land
   Bangunan dan prasarana    545.077.665.524      20.809.114.404          405.583.633                  -         617.273.859        (1.291.951.217)     565.617.686.203         Building and improvements
   Mesin dan peralatan       395.997.701.435     535.579.877.188       69.426.577.112     (1.323.773.856)          3.155.000       (35.163.600.884 )    964.519.935.995          Machinery and equipment
   Peralatan kantor           25.730.734.815      21.417.180.970        1.334.974.405       (563.390.528 )                 -        (1.312.529.810)      46.606.969.852                   Office equipment
   Kendaraan                   6.342.338.718                   -          798.282.666       (493.632.727 )                 -                     -        6.646.988.657                            Vehicles

   Total                    1.188.389.739.329    577.806.172.562       71.965.417.816     (2.380.797.111)        620.428.859       (37.768.081.911 ) 1.798.632.879.544                                Total


   Aset dalam pembangunan       1.911.939.539     67.660.830.624       29.275.794.133                   -        (620.428.859 )     (5.265.840.358)      92.962.295.079            Construction in progress

   Total biaya perolehan    1.190.301.678.868    645.467.003.186      101.241.211.949     (2.380.797.111)                     -    (43.033.922.269 ) 1.891.595.174.623                Total Acquisition cost

   Akumulasi Penyusutan                                                                                                                                                          Accumulated Depreciation
   Kepemilikan langsung                                                                                                                                                                   Direct ownership
   Bangunan dan prasarana    (161.787.611.639 )   (8.530.228.189)     (13.230.285.197 )               -                       -       577.419.711       (182.970.705.314 )      Building and improvements
   Mesin dan peralatan       (243.072.031.753 ) (254.249.065.043 )    (63.837.703.504 )   1.312.662.993                       -    16.732.877.785       (543.113.259.522 )       Machinery and equipment
   Peralatan kantor           (22.395.718.586)    (8.994.659.317)      (3.243.502.590)      557.152.403                       -       589.514.434        (33.487.213.656 )                Office equipment
   Kendaraan                   (5.454.836.919)                 -         (201.497.160 )     493.632.727                       -                 -         (5.162.701.352)                          Vehicles

   Total akumulasi
     penyusutan              (432.710.198.897 ) (271.773.952.549 )    (80.512.988.451 )   2.363.448.123                       -    17.899.811.930       (764.733.879.844 )   Total accumulated depreciation

   Nilai Buku Neto           757.591.479.971                                                                                                           1.126.861.294.779                   Net Book Value




                                                                                                59
Page 347
                                                                   The original consolidated financial statements included herein
                                                                                                     are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                               NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                        As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                  and for the Year Then Ended
           (Disajikan dalam Rupiah,                                              (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                            Unless Otherwise Stated)


11. ASET TETAP - NETO (lanjutan)                                  11. FIXED ASSETS - NET (continued)

   Penyusutan dibebankan pada beban usaha sebagai                     The details of depreciation charged to operation are
   berikut:                                                           as follows:

                                             Tahun yang Berakhir pada
                                               Tanggal 31 Desember/
                                             Year Ended December 31,

                                               2025                  2024
   Beban pokok pendapatan                 83.446.838.115          74.419.818.028                                Cost of revenues
   Beban penjualan dan
     pemasaran                               842.290.644             78.130.637                  Selling and marketing expenses
   Beban umum dan                                                                                      General and administrative
     administrasi (Catatan 26)            12.540.679.157           6.015.039.786                         expenses (Note 26)
   Total                                  96.829.807.916          80.512.988.451                                            Total


   Rincian keuntungan pelepasan aset tetap untuk                      The details of gain on disposal of fixed assets for the
   tahun     yang    berakhir   pada      tanggal                     year ended of December 31, 2025 and 2024 are as
   31 Desember 2025 dan 2024 adalah sebagai                           follows:
   berikut:

                                             Tahun yang Berakhir pada
                                               Tanggal 31 Desember/
                                             Year Ended December 31,

                                               2025                  2024
   Hasil penjualan aset tetap                 110.499.174           344.713.693               Proceeds from sale of fixed assets
   Nilai buku aset tetap yang dijual           (1.761.673)           (7.902.786)               Net book value of fixed asset sold
   Nilai buku aset tetap yang dihapus     (16.098.244.055)           (9.446.202)            Net book value of fixed asset dispose

   Keuntungan (kerugian) pelepasan                                                                    Gain (loss) on disposal of
    aset tetap - neto                     (15.989.506.554)          327.364.705                              fixed assets - net


   Pada tanggal 31 Desember 2025 dan 2024, aset                       As of December 31, 2025 and 2024, land owned by
   tetap milik Grup dalam bentuk tanah berlokasi di                   the Group are located in Cianjur, Bandung and
   Cianjur, Bandung dan Tangerang dengan status                       Tangerang under Building Utilization Right (“HGB”)
   Hak Guna Bangunan (“HGB”) atas nama Grup. Hak                      under the Group’s name. Landrights will expire in
   atas tanah tersebut akan berakhir antara tahun 2028                various dates between 2028 and 2051. The Group’s
   sampai     dengan     tahun   2051.     Manajemen                  management believes that these HGBs can be
   Grup berkeyakinan bahwa HGB tersebut dapat                         renewed upon their expiry.
   diperpanjang pada saat berakhirnya hak tersebut.

   Pada tanggal 31 Desember 2025 dan 2024, jumlah                     As of December 31, 2025 and 2024, fixed assets of
   harga perolehan aset tetap Grup yang telah                         the Group’s which have been fully depreciated but
   disusutkan penuh tetapi masih digunakan                            are still in use in the operational activities amounted
   dalam      kegiatan    operasional      adalah                     to Rp168,619,205,089 and Rp159,183,737,482,
   masing-masing sebesar Rp168.619.205.089 dan                        respectively.
   Rp159.183.737.482.

   Pada tanggal 31 Desember 2025, uang muka                           As of December 31, 2025, advance for purchase of
   pembelian aset tetap sebesar Rp52.529.096.016                      fixed assets amounted to Rp52,529,096,016
   merupakan uang muka terkait penambahan fasilitas                   represents the advance related to addition of the
   produksi Grup.                                                     Group’s production facility.




                                                             60
Page 348
                                                                     The original consolidated financial statements included herein
                                                                                                       are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                  PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                    AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                 NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                  FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                          As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                    and for the Year Then Ended
           (Disajikan dalam Rupiah,                                                (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                              Unless Otherwise Stated)


11. ASET TETAP - NETO (lanjutan)                                     11. FIXED ASSETS - NET (continued)

   Pada tanggal 31 Desember 2025, rincian aset                         As of December 31, 2025, construction in progress
   dalam pembangunan terdiri dari:                                     consists of the following:

                                  Persentase        Biaya                Perkiraan Waktu
                                 Penyelesaian/    Perolehan/                Perolehan/
                                 Percentage of    Acquisition           Estimated Time of
                                  Completion         Cost                  Completion

    31 Desember 2025                                                                                            December 31, 2025
                                                                        Tahun 2026 - 2028 /
   Fasilitas produksi               50% - 80%     4.980.210.480          Year 2026 - 2028                         Production facility
                                                                        Tahun 2026 - 2028 /
   Gudang persediaan                50% - 80%     7.417.847.242          Year 2026 - 2028                      Inventory warehouse
                                                                        Tahun 2026 - 2028 /
   Mesin dan perlengkapan           50% - 80%     9.154.727.885          Year 2026 - 2028                  Machinery and equipment
   Peralatan kantor                       99%        39.000.000        Tahun 2026/Year 2026                        Office equipment

   Jumlah                                        21.591.785.607                                                                Total


   Pada tanggal 31 Desember 2025 dan 2024, aset                         As of December 31, 2025 and 2024, the Group’s
   tetap milik Grup telah diasuransikan terhadap risiko                 fixed assets are covered by insurance against fire
   kebakaran dan risiko lainnya berdasarkan suatu                       and other risk under blanket policies amounting to
   paket polis tertentu dengan nilai pertangguhan                       Rp1,268,926,725,689 and Rp250,130,840,000,
   masing-masing sebesar Rp1.268.926.725.689                            respectively. The Group’s Management believes
   dan    Rp250.130.840.000.        Manajemen    Grup                   that the insurance coverage is adequate to cover
   berkeyakinan bahwa nilai pertanggungan tersebut                      possible losses arising from such risks.
   adalah memadai untuk menutupi kemungkinan
   kerugian atas risiko-risiko tersebut.

   Pada tanggal 31 Desember 2025 dan 2024, tanah                        As of December 31, 2025 and 2024, land of
   Perusahaan dan HOLI tertentu dengan nilai buku                       the Company and HOLI with book value of
   sebesar Rp178.890.000.000 dijaminkan terhadap                        Rp178,890,000,000, are pledged as collateral for
   fasilitas utang bank dari PT Bank OCBC NISP Tbk                      bank loan facilities from PT Bank OCBC NISP Tbk
   (Catatan 14).                                                        (Note 14).

   Pada tanggal 31 Desember 2025 dan 2024, tanah                        As of December 31, 2025 and 2024, land and
   dan bangunan termasuk mesin dan peralatan pabrik                     buildings, including machinery and factory
   ETHICA dijaminkan terhadap fasilitas utang bank                      equipment of ETHICA are pledged as collateral for
   dari PT Bank Mandiri (Persero) Tbk (Catatan 14 dan                   bank loan facilities from PT Bank Mandiri (Persero)
   18).                                                                 Tbk (Notes 14 and 18).

   Pada tanggal 31 Desember 2025 dan 2024, tidak                        As of December 31, 2025 and 2024, there are no
   terdapat aset tetap yang tidak dipakai sementara                     fixed assets that are temporarily unused or
   maupun yang dihentikan dari pengunaan aktif dan                      discontinued from active usage and classified as
   diklasifikasikan sebagai tersedia untuk dijual.                      available for sale.

   Pada tanggal 31 Desember 2025 dan 2024,                              As of December 31, 2025 and 2024, the Group’s
   manajemen Grup berkeyakinan bahwa tidak                              management believes that there is no event or
   terdapat kejadian atau perubahan keadaan yang                        change in circumstances that may indicate any
   mengindikasikan penurunan nilai aset tetap.                          impairment in value its fixed assets.




                                                                61
Page 349
                                                                                                             The original consolidated financial statements included herein
                                                                                                                                               are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                                                             PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                                                               AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                                                            NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                                                             FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                                                     As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                                                               and for the Year Then Ended
           (Disajikan dalam Rupiah,                                                                                           (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                                                                         Unless Otherwise Stated)


12. ASET TAKBERWUJUD - NETO                                                                              12. INTANGIBLE ASSETS - NET

   Rincian aset takberwujud adalah sebagai berikut:                                                              Details of intangible assets are as follows:

                                                                       Tahun yang Berakhir pada Tanggal 31 Desember 2025/
                                                                                 Year Ended December 31, 2025

                                                                                                                                    Selisih Kurs
                                                                                                                                    Penjabaran
                                                                                                                                      Laporan
                                                                                                                                    Keuangan/
                                                                                                                                   Difference in
                                                                                                                                      Foreign
                                                                                                                                     Currency
                                   Saldo Awal/                                       Penurunan                                     Translation of             Saldo Akhir/
                                   Beginning               Penambahan/                  Nilai/          Reklasifikasi/               Financial                  Ending
                                    Balance                  Addition                Impairment        Reclassifications            Statements                  Balance

    Biaya Perolehan                                                                                                                                                                    Acquisition Cost
    Goodwill                   1.706.656.227.974                            -      (12.736.540.670)                       -       193.646.148.444         1.887.565.835.748                      Goodiwll
    Merek dagang,                                                                                                                                                                            Trademark,
       hak paten dan formula        7.049.554.421           3.004.049.494                         -           145.374.782                       -            10.198.978.697         patent and formula
    Software                       36.738.130.102             928.737.254                         -           387.750.000           1.617.432.919            39.672.050.275                     Software
    Kontrak dan hubungan                                                                                                                                                               Customer contract
       pelanggan                 472.716.043.893                            -                     -                       -         (1.305.703.763)         471.410.340.130          and relationships
    Produk
       yang dikembangkan         431.721.461.392           24.952.788.253                         -                       -        95.524.300.405           552.198.550.050          Developed products

    Total                       2.654.881.417.782          28.885.575.001          (12.736.540.670)           533.124.782         289.482.178.005         2.961.045.754.900                          Total


    Akumulasi Amortisasi                                                                                                                                                   Accumulated Amortization
    Merek dagang                                                                                                                                                                         Trademark,
       hak paten dan formula       (1.263.670.193)          (839.163.320)                         -                       -                      -            (2.102.833.513)   patent and formula
    Software                      (21.524.122.362)        (5.458.847.770)                         -                       -         (1.216.851.043)         (28.199.821.175)                Software
    Kontrak dan hubungan                                                                                                                                                           Customer contract
       pelanggan                  (26.842.322.523)       (48.539.646.850)                         -                       -         5.679.608.058           (69.702.361.315)     and relationships
    Produk
       yang dikembangkan          (16.842.916.543)       (31.551.158.627)                         -                       -         (3.384.856.219)         (51.778.931.389)         Developed products

    Total                         (66.473.031.621)       (86.388.816.567)                         -                       -         1.077.900.796          (151.783.947.392)                         Total

    Nilai Buku Neto             2.588.408.386.161                                                                                                         2.809.261.807.508              Net Book Value




                                                             Tahun yang Berakhir pada Tanggal 31 Desember 2024/
                                                                        Year Ended December 31, 2024
                                                                                                                                  Selisih Kurs
                                                                                                                                  Penjabaran
                                                                                                                                   Laporan
                                                  Saldo dari Entitas                                                              Keuangan/
                                                     Anak pada                                                                   Difference in
                                                  Tanggal Akuisisi/                                                            Foreign Currency
                                Saldo Awal/        Balances from                                                               Translation of            Saldo Akhir/
                                 Beginning         Subsidiaries at       Penambahan/        Penurunan/         Reklasifikasi/      Financial               Ending
                                  Balance         Acquisition Date         Addition         Impairment       Reclassifications    Statements               Balance

   Biaya Perolehan                                                                                                                                                                        Acquisition Cost
   Goodwill                    42.446.932.208 1.773.112.143.328                        -                 -                    -   (108.902.847.562 ) 1.706.656.227.974                             Goodiwll
   Merek dagang,                                                                                                                                                                                Trademark,
      hak paten dan formula     6.697.892.120                    -         186.350.000                   -       548.983.333          (383.671.032 )      7.049.554.421               patent and formula
   Software                    18.242.182.000       19.258.983.059         419.833.315                   -                 -        (1.182.868.272)      36.738.130.102                            Software
   Kontrak dan hubungan                                                                                                                                                                  Customer contract
      pelanggan                               -    503.649.727.175                     -                 -                    -    (30.933.683.282 )    472.716.043.893                and relationships
   Produk
      yang dikembangkan                       -    449.907.662.172        9.446.696.403                  -                    -    (27.632.897.183 )    431.721.461.392                Developed products

   Total                       67.387.006.328 2.745.928.515.734          10.052.879.718                  -       548.983.333      (169.035.967.331 ) 2.654.881.417.782                                Total


   Akumulasi Amortisasi                                                                                                                                                         Accumulated Amortization
   Merek dagang                                                                                                                                                                                Trademark,
      hak paten dan formula      (692.061.867 )                  -         (484.361.659 )                -        (87.246.667)                  -         (1.263.670.193)            patent and formula
   Software                    (5.136.716.053)     (14.267.581.686 )     (3.023.604.867)                 -                  -         903.780.244        (21.524.122.362 )                        Software
   Kontrak dan hubungan                                                                                                                                                                 Customer contract
      pelanggan                               -                   -     (27.978.656.269 )                -                    -      1.136.333.746       (26.842.322.523 )            and relationships
   Produk
      yang dikembangkan                       -                   -     (17.555.938.841 )                -                    -       713.022.298        (16.842.916.543 )             Developed products

   Total                       (5.828.777.920)     (14.267.581.686 )    (49.042.561.636 )                -        (87.246.667)       2.753.136.288       (66.473.031.621 )                            Total

   Nilai Buku Neto             61.558.228.408                                                                                                          2.588.408.386.161                   Net Book Value




   Goodwill merupakan manfaat ekonomi masa depan                                                                  Goodwill represents the future economic benefits
   yang diperoleh dari kombinasi bisnis yang tidak                                                                acquired in business combinations that are not
   teridentifikasi secara individual dan diakui secara                                                            individually identified and separately recognized.
   terpisah. Goodwill Grup berasal dari akuisisi                                                                  The Group’s goodwill arises from the acquisition of
   Probiotec Pty. Ltd. dan PT Holi Pharma.                                                                        Probiotec Pty. Ltd. and PT Holi Pharma.


                                                                                                  62
Page 350
                                                                  The original consolidated financial statements included herein
                                                                                                    are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                               PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                              NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                               FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                 and for the Year Then Ended
           (Disajikan dalam Rupiah,                                             (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


12. ASET TAKBERWUJUD - NETO (lanjutan)                            12. INTANGIBLE ASSETS - NET (continued)

   Pada tanggal 31 Desember 2025 dan 2024,                             As of December 31, 2025 and 2024, the above
   goodwill, diuji untuk penurunan nilai. Jumlah agregat               goodwill, were tested for impairment. The
   dari goodwill yang dialokasikan ke setiap unit                      aggregate amounts of goodwill allocated to each
   penghasil kas adalah sebagai berikut:                               cash generating units are as follows:
                                          31 Desember 2025/ 31 Desember 2024/
    Unit Penghasil Kas                    December 31, 2025 December 31, 2024                            Cash Generating Unit

    Probiotec Pty. Ltd.                  1.845.118.903.540   1.664.209.295.766                              Probiotec Pty. Ltd.
    PT Holi Pharma                          42.446.932.208      42.446.932.208                                PT Holi Pharma

    Total                                1.887.565.835.748   1.706.656.227.974                                           Total


   Grup melakukan pengujian penurunan nilai tahunan                    The Group performed its annual impairment tests
   untuk unit penghasil kas tersebut berdasarkan nilai                 on those cash generating units based on fair value
   wajar dikurangi biaya untuk menjual dan nilai pakai                 less cost to sell and value in use method using
   dengan menggunakan proyeksi arus kas dan                            discounted cash flows projections covering and
   asumsi-asumsi penting seperti tingkat diskonto dan                  key assumptions such as discount rate and
   tingkat pertumbuhan berkelanjutan yang telah                        perpetuity growth rate which have been approved
   disetujui manajemen.                                                by the management.

   Berdasarkan pengujian penurunan nilai yang                          Based on the impairment test performed, as of
   dilakukan, pada tanggal 31 Desember 2025 dan                        December 31, 2025 and 2024, the Group’s
   2024, manajemen Grup berkeyakinan bahwa tidak                       management believes that there is no event or
   terdapat kejadian atau perubahan keadaan yang                       change in circumstances that may indicate any
   mengindikasikan penurunan nilai goodwill, kecuali                   impairment in goodwill, except for the impairment
   penurunan nilai yang dicatat Grup pada tahun 2025                   recorded by the Group in 2025 for the goodwill
   atas goodwill yang dialokasikan ke UPK Probiotec                    allocated to Probiotec Pty. Ltd. CGU (Note 27).
   Pty. Ltd (Catatan 27).




                                                             63
Page 351
                                                                                                   The original consolidated financial statements included herein
                                                                                                                                     are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                                                       PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                                                         AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                                                      NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                                                       FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                                               As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                                                         and for the Year Then Ended
           (Disajikan dalam Rupiah,                                                                                     (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                                                                   Unless Otherwise Stated)


13. ASET HAK-GUNA DAN LIABILITAS SEWA                                                             13. RIGHT-OF-USE                           ASSETS            AND         LEASE
                                                                                                      LIABILITIES

   Rincian aset hak-guna adalah sebagai berikut:                                                         The details of right-of-use assets are as follows:
                                                          Tahun yang Berakhir pada Tanggal 31 Desember 2025/
                                                                 For the Year Ended December 31, 2025

                                                                                                             Selisih kurs
                                                                                                              penjabaran
                                                                                                                laporan
                                                                                                              keuangan/
                                                                                                             Difference in
                                                                                                           Foreign Currency
                           Saldo awal/                                                                      Translation of                Saldo akhir/
                           Beginning                Penambahan/                 Pengurangan/                   Financial                    Ending
                            Balance                  Additions                   Deductions                   Statements                   Balance

    Biaya Perolehan                                                                                                                                                    Acquisition Cost
    Bangunan               640.305.313.187           864.584.254.334             (177.924.903.773)               113.826.378.737         1.440.791.042.485                     Buildings
    Kendaraan               26.912.630.274             5.336.070.135                            -                              -            32.248.700.409                      Vehicles
    Peralatan                  903.623.602               564.502.298                            -                    129.523.053             1.597.648.953                  Equipments

    Total                  668.121.567.063           870.484.826.767             (177.924.903.773)               113.955.901.790         1.474.637.391.847                         Total

    Akumulasi penyusutan                                                                                                                                       Accumulated depreciation
    Bangunan               (254.367.532.229 )        (103.834.910.536 )            98.627.879.136                (29.632.242.218)         (289.206.805.847 )                  Buildings
    Kendaraan               (10.005.668.002)           (5.434.742.370)                          -                               -          (15.440.410.372 )                   Vehicles
    Peralatan                  (105.436.946 )            (209.880.890 )                         -                     (20.472.113)            (335.789.949 )                Equipments

    Total                  (264.478.637.177 )        (109.479.533.796 )            98.627.879.136                (29.652.714.331)         (304.983.006.168 )                       Total

    Nilai Buku Neto        403.642.929.886                                                                                               1.169.654.385.679              Net Book Value


                                                             Tahun yang Berakhir pada Tanggal 31 Desember 2024/
                                                                    For the Year Ended December 31, 2024

                                                                                                                     Selisih kurs
                                                                                                                     penjabaran
                                                   Saldo dari                                                           laporan
                                                  Entitas Anak                                                        keuangan/
                                                 pada Tanggal                                                        Difference in
                                                    Akuisisi/                                                      Foreign Currency
                              Saldo awal/         Balance from                                                      Translation of         Saldo akhir/
                              Beginning          Subsidiaries at          Penambahan/       Pengurangan/               Financial             Ending
                               Balance          Acquisition Date           Additions         Deductions              Statements             Balance

   Biaya Perolehan                                                                                                                                                     Acquisition Cost
   Bangunan                   5.921.227.009     615.629.820.343        106.817.537.838      (48.058.539.653)         (40.004.732.350 )   640.305.313.187                       Buildings
   Kendaraan                 12.888.264.185                   -         14.024.366.089                    -                        -      26.912.630.274                        Vehicles
   Peralatan                              -       1.010.474.935            938.772.099         (988.562.307)             (57.061.125)        903.623.602                    Equipments

   Total                     18.809.491.194     616.640.295.278        121.780.676.026      (49.047.101.960)         (40.061.793.475 )   668.121.567.063                           Total

   Akumulasi penyusutan                                                                                                                                        Accumulated depreciation
   Bangunan                   (2.434.417.711)   (236.790.851.632)      (45.749.033.110 )        14.734.260.342        15.872.509.882     (254.367.532.229)                    Buildings
   Kendaraan                  (6.166.988.390)                  -        (3.838.679.612)                      -                     -      (10.005.668.002)                     Vehicles
   Peralatan                               -        (856.343.430)         (108.951.667 )           837.773.216            22.084.935         (105.436.946)                  Equipments

   Total                      (8.601.406.101)   (237.647.195.062)      (49.696.664.389 )        15.572.033.558        15.894.594.817     (264.478.637.177)                         Total

   Nilai Buku Neto           10.208.085.093                                                                                              403.642.929.886                Net Book Value




   Penyusutan dibebankan pada beban usaha sebagai                                                        The details of depreciation charged to operations
   berikut:                                                                                              are as follows:
                                                                    Tahun yang Berakhir pada
                                                                      Tanggal 31 Desember/
                                                                    Year Ended December 31,

                                                                    2025                               2024

   Beban pokok pendapatan                                       90.121.171.405                      34.271.698.197                                                Cost of revenues
   Beban penjualan dan pemasaran (Catatan 25)                    5.446.066.504                       3.233.163.652                       Selling and marketing expenses (Note 25)
   Beban umum dan administrasi (Catatan 26)                     13.912.295.887                      12.191.802.540                   General and administrative expenses (Note 26)

   Total                                                      109.479.533.796                       49.696.664.389                                                                Total




                                                                                           64
Page 352
                                                                        The original consolidated financial statements included herein
                                                                                                          are in Indonesian language.

          PT PYRIDAM FARMA Tbk                                                      PT PYRIDAM FARMA Tbk
          DAN ENTITAS ANAKNYA                                                        AND ITS SUBSIDIARIES
         CATATAN ATAS LAPORAN                                                     NOTES TO THE CONSOLIDATED
        KEUANGAN KONSOLIDASIAN                                                      FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                              As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                                        and for the Year Then Ended
          (Disajikan dalam Rupiah,                                                    (Expressed in Rupiah,
          Kecuali Dinyatakan Lain)                                                  Unless Otherwise Stated)


13. ASET HAK-GUNA           DAN     LIABILITAS     SEWA                13. RIGHT-OF-USE       ASSETS                AND         LEASE
    (lanjutan)                                                             LIABILITIES (continued)

   Mutasi jumlah tercatat liabilitas sewa selama tahun                     Movement of lease liabilities during the year is as
   berjalan adalah sebagai berikut:                                        follows:
                                                   Tahun yang Berakhir pada
                                                     Tanggal 31 Desember/
                                                   Year ended December 31,

                                                  2025                    2024

   1 Januari                                  421.850.892.282         11.097.848.735                                           January 1
   Saldo dari entitas anak pada                                                                             Balances from subsidiaries
      tanggal akuisisi                                       -    378.993.105.369                                  at acquisition date
   Penambahan liabilitas sewa                 870.313.001.979     107.907.528.946                            Addition of lease liabilities
   Penambahan bunga                            52.288.456.560      16.776.833.492                                    Addition of interest
   Pembayaran                                (123.481.913.354)    (41.624.643.715)                                             Payments
   Pengurangan liabilitas sewa               (101.229.364.006)    (26.361.103.385)                         Deduction of lease liabilities
   Selisih kurs penjabaran                                                                               Difference in foreign currency
      laporan keuangan                         88.062.090.174         (24.938.677.160)            translation of financial statements

   31 Desember                               1.207.803.163.635    421.850.892.282                                         December 31
   Dikurangi bagian yang jatuh tempo
     dalam waktu satu tahun                   (74.081.337.265)        (49.020.605.809)                          Less current maturities
   Bagian jangka panjang                     1.133.721.826.370    372.830.286.473                                 Non-current portion


   Jumlah yang diakui dalam laporan laba rugi dan                          Amounts recognized in the consolidated statement
   penghasilan komprehensif lain konsolidasian adalah                      of profit or loss and other comprehensive income are
   sebagai berikut:                                                        as follows:
                                                   Tahun yang Berakhir pada
                                                     Tanggal 31 Desember/
                                                   Year Ended December 31,

                                                   2025                   2024
   Beban penyusutan aset hak-guna             109.479.533.796         49.696.664.389                Depreciation of right-of-use assets
   Bunga atas liabilitas sewa (Catatan 28)     52.288.456.560         16.776.833.492              Interest on lease liabilities (Note 28)

   Total                                      161.767.990.356         66.473.497.881                                               Total


   Pada tahun 2025 dan 2024, pengurangan aset hak-                         In 2025 and 2024, deduction of right-of-use assets
   guna merupakan penghapusan aset hak-guna                                representing the derecognition of right-of-use assets
   terkait dengan masa sewa yang telah berakhir serta                      in relation with leases term that has expired and
   pengakhiran sewa sehubungan dengan relokasi                             lease termination related to the relocation of
   fasilitas pengemasan milik entitas anak ke lokasi                       subsidiaries’ packing facilities to new location.
   baru.

   Pada tanggal 31 Desember 2025 and 2024,                                 As of December 31, 2025 and 2024, the Group’s
   manajemen Grup berpendapat bahwa tidak terdapat                         management believes that there is no event or
   situasi atau keadaan yang memberikan indikasi                           condition that may indicate impairment of right-of-
   terjadinya penurunan nilai aset hak-guna.                               use assets.




                                                                 65
Page 353
                                                                      The original consolidated financial statements included herein
                                                                                                        are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                   PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                     AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                  NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                   FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                           As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                     and for the Year Then Ended
           (Disajikan dalam Rupiah,                                                 (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                               Unless Otherwise Stated)


14. UTANG BANK JANGKA PENDEK                                         14. SHORT-TERM BANK LOANS

   Rincian utang bank jangka pendek adalah sebagai                       The details of short-term bank loans are as follows:
   berikut:
                                           31 Desember 2025/ 31 Desember 2024/
                                           December 31, 2025 December 31, 2024

   Perusahaan                                                                                                          Company
   Rupiah                                                                                                                   Rupiah
      PT Bank OCBC NISP Tbk                                                                            PT Bank OCBC NISP Tbk
         Fasilitas TPF                         20.636.883.207        20.312.964.879                                TPF Facility
         Fasilitas Pinjaman Demand Loan                     -        30.000.000.000                Demand Loan Credit Facility
         Pinjaman Rekening Koran                            -         4.995.650.001                                  Overdraft
   Entitas anak                                                                                                     Subsidiaries
   Dolar Australia                                                                                              Australian Dollar
      The Hongkong and Shanghai                                                                   The Hongkong and Shanghai
         Banking Corporation Ltd.                                                                   Banking Corporation Ltd.
         Multi-Currency Credit Facility                                                      Multi-Currency Credit Facility
            ($AU9.000.000 pada tanggal                                                               (AU$9,000,000 as of
            31 Desember 2025 dan 2024)        101.293.152.202        91.051.414.044         December 31, 2025 and 2024)
   Rupiah                                                                                                                   Rupiah
      PT Bank OCBC NISP Tbk                                                                          PT Bank OCBC NISP Tbk
         Fasilitas TPF                         33.436.843.804        32.270.310.531                             TPF Facility
         Fasilitas Pinjaman Demand Loan        10.650.000.000        15.000.000.000             Demand Loan Credit Facility
      PT Bank Mandiri (Persero) Tbk                                                            PT Bank Mandiri (Persero) Tbk
         Fasilitas Pinjaman Kredit Modal Kerja 19.960.993.151        12.500.000.000           Working Capital Credit Facility
      PT Bank Central Asia Tbk                                                                       PT Bank Central Asia Tbk
         Pinjaman Rekening Koran                3.758.693.273         3.101.367.206                                Overdraft
   Total                                    189.736.565.637      209.231.706.661                                             Total


   PT Bank OCBC NISP Tbk - Utang Bank Jangka                             PT Bank OCBC NISP Tbk - Short-Term Bank
   Pendek                                                                Loans

   Perusahaan                                                            The Company

   Berdasarkan Akta Notaris Imelda Nur Pane, S.H.,                       Based on the Notarial Deed of Imelda Nur Pane
   No. 87 tanggal 28 Desember 2021, sebagaimana                          S.H., No. 87 dated December 28, 2021, as last
   terakhir diubah dengan Perubahan Perjanjian                           amended by the Amendment Loan Agreement
   Pinjaman Nomor 83/ILS-JKT/PK/II/2026 tanggal                          No. 83/ILS-JKT/PK/II/2026 dated on February 26,
   26 Februari 2026, Perusahaan menerima fasilitas                       2026, the Company received loan facilities from
   pinjaman dari PT Bank OCBC NISP Tbk                                   PT Bank OCBC NISP Tbk (“OCBC NISP”), in the
   (“OCBC NISP”) berupa Fasilitas pinjaman rekening                      form of overdraft facility with a maximum amount of
   koran dengan jumlah maksimum Rp5.000.000.000,                         Rp5,000,000,000, Demand Loan (“DL”) Facility with
   Fasilitas Demand Loan (“DL”) dengan jumlah                            a maximum amount of Rp35,000,000,000,
   maksimum Rp35.000.000.000, Fasilitas Trade                            Combined Trade Facility with a total limit of not
   Gabungan dengan jumlah batas tidak melebihi                           exceeding Rp50,000,000,000 consisted of Local
   Rp50.000.000.000, yang terdiri dari Fasilitas Local                   Credit (“LC”) Facility with a maximum amount of
   Credit (“LC”) maksimal sebesar Rp26.000.000.000,                      Rp26,000,000,000, TR Facility with a maximum
   Fasilitas TR maksimal sebesar Rp26.000.000.000,                       amount of Rp26,000,000,000, Trade Purchase
   Fasilitas Trade Purchase Financing (“TPF”)                            Financing (“TPF”) Facility with a maximum amount
   maksimal Rp50.000.000.000 yang berlaku sampai                         of Rp50,000,000,000 which is valid until
   dengan 27 November 2026. Fasilitas ini dikenakan                      November 27, 2026. This facility is subject to
   bunga sebesar 7,75%.                                                  interest of 7.75%.




                                                                66
Page 354
                                                             The original consolidated financial statements included herein
                                                                                               are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                          PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                            AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                         NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                          FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                  As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                            and for the Year Then Ended
           (Disajikan dalam Rupiah,                                        (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                      Unless Otherwise Stated)


14. UTANG BANK JANGKA PENDEK (lanjutan)                      14. SHORT-TERM BANK LOANS (continued)

   PT Bank OCBC NISP Tbk - Utang Bank Jangka                    PT Bank OCBC NISP Tbk - Short-Term Bank
   Pendek (lanjutan)                                            Loans (continued)

   Entitas anak - PT Holi Pharma (“HOLI”)                       Subsidiaries - PT Holi Pharma (“HOLI”)

   Berdasarkan Akta Notaris Imelda Nur Pane, S.H.,              Based on Notarial Deed No. 82 dated December 28,
   No. 82 tanggal 28 Desember 2021, sebagaimana                 2021 of Imelda Nur Pane, S.H., as most recently
   terakhir diubah dengan Perubahan Perjanjian                  amended by the Amendment to Loan Agreement
   Pinjaman Nomor 79/ILS-JKT/PK/II/2026 tanggal 26              No. 79/ILS-JKT/PK/II/2026 dated February 26,
   Februari 2026, HOLI menerima fasilitas pinjaman              2026, HOLI obtained loan facilities consisting of a
   berupa Fasilitas Trade Purchase Financing (“TPF”)            Trade Purchase Financing (“TPF”) facility with a
   dengan jumlah batas sebesar Rp40.000.000.000,                maximum limit of Rp40,000,000,000, including a
   dengan sublimit Fasilitas Bank Garansi (“BG”)                sublimit for a Bank Guarantee (“BG”) facility with a
   dengan batas pemakaian Fasilitas BG sebesar                  maximum utilization limit of Rp5,000,000,000. In
   Rp5.000.000.000. HOLI juga mendapatkan Fasilitas             addition, HOLI obtained a Demand Loan (“DL”)
   Demand Loan (“DL”) dengan jumlah batas sebesar               facility with a maximum limit of Rp15,000,000,000.
   Rp15.000.000.000. Semua fasilitas loan berlaku               All loan facilities are valid until November 27, 2026
   sampai dengan 27 November 2026 dan dikenakan                 and bear interest at a rate of 7.75%.
   bunga sebesar 7,75%.

   Perusahaan dan HOLI                                          The Company and HOLI

   Pinjaman dari PT Bank OCBC NISP Tbk dijamin                  The loan from PT Bank OCBC NISP Tbk is secured
   dengan jaminan sebagai berikut:                              by the following collateral:
     SHGB No.1/Cibodas, an. PT Pyridam Farma                       SHGB No.1/Cibodas, an. PT Pyridam Farma
        Tbk.                                                         Tbk.
     SHGB No.09421/Medang, an. PT Pyridam                          SHGB No.09421/Medang, an. PT Pyridam
        Farma Tbk.                                                   Farma Tbk.
     SHGB No. 136/Cigugur Tengah, an. PT Holi                      SHGB No. 136/Cigugur Tengah, an. PT Holi
        Pharma.                                                      Pharma.
     SHGB No. 137/Cigugur Tengah, an. PT Holi                      SHGB No. 137/Cigugur Tengah, an. PT Holi
        Pharma.                                                      Pharma.
     SHGB No. 138/Cigugur Tengah, an. PT Holi                      SHGB No. 138/Cigugur Tengah, an. PT Holi
        Pharma.                                                      Pharma.
     Persediaan (stok barang) milik PT Pyridam                     Inventory (stock of goods) owned by
        Farma Tbk yang telah dilakukan pemasangan                    PT Pyridam Farma Tbk which has been
        Fidusia,    dengan      nilai   penjaminan                   installed with Fiduciary, with a collateral value
        Rp6.250.000.000.                                             of Rp6,250,000,000.
     Piutang usaha milik PT Pyridam Farma Tbk                      Accounts receivable owned by PT Pyridam
        yang telah dilakukan pemasangan Fidusia,                     Farma Tbk which has been installed with
        dengan nilai penjaminan Rp50.000.000.000.                    Fiduciary, with a guarantee value of
                                                                     Rp50,000,000,000.
       Piutang usaha milik PT Holi Pharma yang telah               Accounts receivable owned by PT Holi Pharma
        dilakukan pemasangan Fidusia, dengan nilai                   which has been installed with Fiduciary, with a
        penjaminan Rp10.000.000.000.                                 guarantee value of Rp10,000,000,000.
       Persediaan (stok barang) milik PT Holi Pharma               Inventory (stock of goods) owned by
        yang telah dilakukan pemasangan Fidusia,                     PT Holi Pharma which has been installed with
        dengan nilai penjaminan Rp15.000.000.000.                    Fiduciary, with a guarantee value of
                                                                     Rp15,000,000,000.




                                                        67
Page 355
                                                                  The original consolidated financial statements included herein
                                                                                                    are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                               PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                              NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                               FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                 and for the Year Then Ended
           (Disajikan dalam Rupiah,                                             (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


14. UTANG BANK JANGKA PENDEK (lanjutan)                           14. SHORT-TERM BANK LOANS (continued)

   PT Bank OCBC NISP Tbk - Utang Bank Jangka                         PT Bank OCBC NISP Tbk - Short-Term Bank
   Pendek (lanjutan)                                                 Loans (continued)

   Perusahaan dan HOLI (lanjutan)                                    The Company and HOLI (continued)

   Sehubungan dengan perjanjian pinjaman di atas,                    In respect of the above loan agreement, the
   Perusahaan dan HOLI wajib memenuhi beberapa                       Company and HOLI have to comply several
   persyaratan dan mempertahankan rasio keuangan                     covenants and maintain certain financial ratios.
   tertentu:
       Adjusted debt to equity ratio tidak lebih dari 4,5              Adjusted debt to equity ratio of not more than 4.5
        kali untuk periode Desember 2024 sampai                          times for the period December 2024 till
        dengan September 2025 dan tidak lebih dari 3                     September 2025 and not more than 3 times for
        kali untuk periode Desember 2025;                                the period December 2025;
       Debt service coverage ratio tidak kurang dari                   Debt service coverage ratio of not less than 1.25
        1,25 kali.                                                       times.

   Pada tanggal 31 Desember 2025 and 2024,                           As of December 31, 2025 and 2024, the Company
   Perusahaan dan HOLI telah memenuhi semua                          and HOLI have complied with all covenants which
   persyaratan sebagaimana diatur dalam perjanjian                   were stated in the loan agreement above, except for
   pinjaman tersebut di atas, kecuali untuk rasio debt               the debt service coverage and debt to equity ratio.
   service coverage dan debt to equity. Manajemen                    The management believes that it will not affect the
   berkeyakinan bahwa hal ini tidak akan berpengaruh                 status of the related credit/loan.
   pada status kredit/pinjaman terkait.

   PT Bank Central Asia Tbk - Utang Bank Jangka                      PT Bank Central Asia Tbk - Short-Term Bank
   Pendek                                                            Loans

   Entitas anak - PT Holi Pharma (“HOLI”)                            Subsidiaries - PT Holi Pharma (“HOLI”)

   HOLI juga memperoleh fasilitas pinjaman dari                      HOLI also obtained a loan facility from
   PT Bank Central Asia Tbk berupa Fasilitas KRK                     PT Bank Central Asia Tbk in the form of the KRK
   dengan maksimum pinjaman Rp5.000.000.000                          Facility with a maximum loan of Rp5,000,000,000
   yang berlaku sampai dengan 2 Juni 2026. Pinjaman                  which is valid until June 2, 2026. This loan bears
   ini dikenakan bunga sebesar 9% per tahun.                         interest at 9% per annum.

   PT Bank Mandiri (Persero) Tbk - Utang Bank                        PT Bank Mandiri (Persero) Tbk - Short-Term
   Jangka Pendek                                                     Bank Loans

   Entitas anak - PT Ethica Industri Farmasi                         Subsidiaries - PT Ethica Industri Farmasi
   (“ETHICA”)                                                        (“ETHICA”)

   Berdasarkan perjanjian pinjaman dengan Bank                       Based on the loan agreements with Bank Mandiri
   Mandiri       No.      WCO.JSD/0611/KMK/2023,                     No.          WCO.JSD/0611/KMK/2023,              No.
   No.         WCO.JSD/0612/KMK/2023,             dan                WCO.JSD/0612/KMK/2023,              and         No.
   No.      WCO.JSD/0613/KMK/2023,        seluruhnya                 WCO.JSD/0613/KMK/2023, all dated May 15, 2023,
   tertanggal 15 Mei 2023, sebagaimana diubah                        with last addendum on May 14, 2025, ETHICA has
   terakhir pada tanggal 14 Mei 2025, ETHICA,                        obtained loan facilities including a Revolving
   memperoleh fasilitas pinjaman seperti Fasilitas                   Working Capital Credit Facility with a loan limit of
   Kredit Modal Kerja Revolving dengan limit pinjaman                Rp22,500,000,000, a Working Capital Credit Facility
   Rp22.500.000.000, Fasilitas Kredit Modal Kerja -                  in the form of Stock Financing with a loan limit of
   berupa Stock Financing dengan limit pinjaman                      Rp30,000,000,000, and an A/R Financing Facility
   Rp30.000.000.000, dan Fasilitas A/R Financing                     with a loan limit of Rp50,000,000,000. The loans are
   dengan limit pinjaman Rp50.000.000.000. Pinjaman                  subject to interest rates of 8.25%.
   ini dikenakan bunga sebesar 8,25%.




                                                             68
Page 356
                                                               The original consolidated financial statements included herein
                                                                                                 are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                            PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                              AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                           NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                            FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                              and for the Year Then Ended
           (Disajikan dalam Rupiah,                                          (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                        Unless Otherwise Stated)


14. UTANG BANK JANGKA PENDEK (lanjutan)                        14. SHORT-TERM BANK LOANS (continued)

   PT Bank Mandiri (Persero) Tbk - Utang Bank                     PT Bank Mandiri (Persero) Tbk - Short-Term
   Jangka Pendek (lanjutan)                                       Bank Loans (continued)

   Entitas anak - PT Ethica Industri Farmasi                      Subsidiaries - PT Ethica Industri Farmasi
   (“ETHICA”) (lanjutan)                                          (“ETHICA”) (continued)

   Pinjaman ini dijamin dengan jaminan berupa tanah               These loans are secured by collateral in the form of
   dan bangunan termasuk mesin dan peralatan pabrik               land and buildings, including machinery and factory
   dengan bukti kepemilikan Sertifikat Hak Guna                   equipment, evidenced by the Certificate of Building
   Bangunan Nomor 5788/Jayamukti, atas nama                       Use Rights No. 5788/Jayamukti, in the name of
   ETHICA, yang telah diikat Hak Tanggungan ke-1                  ETHICA, which has been encumbered with a first
   (satu) sebesar Rp103.000.000.000, fidusia atas                 mortgage of Rp103,000,000,000, fiduciary rights
   persediaan (Catatan 7) senilai Rp62.500.000.000                over     inventory     (Note    7)     valued     at
   dan    piutang    usaha   (Catatan   5)   senilai              Rp62,500,000,000, and accounts receivable
   Rp40.000.000.000.                                              (Note 5) valued at Rp40,000,000,000.

   Sehubungan dengan perjanjian pinjaman di atas,                 In respect of the above loan agreement, the ETHICA
   ETHICA wajib memenuhi beberapa persyaratan dan                 have to comply several covenants and maintain
   mempertahankan rasio keuangan tertentu sebagai                 certain financial ratios as follows:
   berikut:
       Debt to equity ratio tidak lebih dari 1 kali;                 Debt to equity ratio of not more than 1 time;
       Debt service coverage ratio tidak kurang dari 1               Debt service coverage ratio of not less than 1
        kali;                                                          time;
       Current ratio tidak kurang dari 1 kali;                       Current ratio of not less than 1 time;
       Ekuitas positif; dan                                          Positive equity; and
       Arus kas operasi positif.                                     Positive operating cashflows.

   Pada tanggal 31 Desember 2025 and 2024, ETHICA                 As of December 31, 2025 and 2024, ETHICA has
   telah memenuhi semua persyaratan sebagaimana                   complied with all covenants which were stated in the
   diatur dalam perjanjian pinjaman tersebut di atas.             loan agreement above.

   The Hongkong And Shanghai Banking                              The Hongkong And Shanghai Banking
   Corporation Limited - Utang Bank Jangka                        Corporation Limited - Short-term Bank Loan
   Pendek
   Entitas anak - Pyfa Health Singapore Pte Ltd                   Subsidiaries - Pyfa Health Singapore Pte Ltd
   (“PHSG”)                                                       (“PHSG”)
   Pada tanggal 16 Juli 2024, Pyfa Health Singapore               On July 16, 2024, Pyfa Health Singapore Pte Ltd
   Pte Ltd (“PHSG”) menandatangani Surat Fasilitas                (“PHSG”) signed a Facility Letter and Memorandum
   dan Memorandum of Charge dengan Bank The                       of Charge with Bank The Hongkong and Shanghai
   Hongkong and Shanghai Banking Corporation                      Banking Corporation Limited, Singapore Branch for
   Limited, Cabang Singapura untuk fasilitas pinjaman             a loan facility in the form of a Multi-Currency Credit
   berupa Multi-Currency Credit Facility paling banyak            Facility of up to US$15,000,000 or equivalents with
   senilai $AS15.000.000 atau setara dengan mata                  others currencies. The interest rate will follow the
   uang lainnya. Tingkat suku bunga akan mengikuti                bank’s cost of funds plus an applicable margin of
   cost of funds dari Bank ditambah dengan margin                 1.50% per annum or other interest rate notified by
   yang berlaku sebesar 1,50% per tahun atau tingkat              the bank in writing.
   suku bunga lain yang diberitahukan oleh Bank
   secara tertulis.




                                                          69
Page 357
                                                                     The original consolidated financial statements included herein
                                                                                                       are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                   PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                     AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                  NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                   FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                           As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                     and for the Year Then Ended
           (Disajikan dalam Rupiah,                                                 (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                               Unless Otherwise Stated)


15. UTANG USAHA - PIHAK KETIGA                                      15. TRADE PAYABLES - THIRD PARTIES
   a.   Akun ini merupakan liabilitas kepada para                       a.     This account represents liabilities to suppliers
        pemasok atas pembelian persediaan. Rincian                             for purchases of inventories. The details of
        utang usaha - pihak ketiga berdasarkan mata                            trade payables - third parties by currency are as
        uang adalah sebagai berikut:                                           follows:
                                           31 Desember 2025/ 31 Desember 2024/
                                           December 31, 2025 December 31, 2024

        Pihak ketiga:                                                                                             Third parties:
          Dolar Australia                                                                                   Australian Dollar
            ($AU20.738.933 pada tanggal                                                              (AU$20,738,933 as of
             31 Desember 2025 dan                                                                   December 31, 2025 and
            ($AU17.025.059 pada tanggal                                                              (AU$17,025,059 as of
             31 Desember 2024)              233.416.690.915     171.644.604.351                        December 31, 2024)
          Rupiah                             43.101.186.409      50.164.758.216                                      Rupiah
          Euro                                                                                                          Euro
            (EUR614.111 pada tanggal                                                                    (EUR614,111 as of
            31 Desember 2025 dan                                                                    December 31, 2025 and
            EUR491.826 pada tanggal                                                                     EUR491,826 as of
            31 Desember 2024)                 12.130.534.583         8.287.916.821                     December 31, 2024)
          Dolar Amerika Serikat                                                                          United States Dollar
            ($AS245.394 pada tanggal                                                                    ($US245,394 as of
            31 Desember 2025 dan                                                                    December 31, 2025 and
            $AS591.970 pada tanggal                                                                      $US591,970 as of
            31 Desember 2024)                  4.118.202.108         9.567.426.964                     December 31, 2024)

        Total                               292.766.614.015     239.664.706.352                                              Total


   b.   Rincian umur utang usaha - pihak ketiga adalah                    b.    The aging analysis of trade payables - third
        sebagai berikut:                                                        parties is as follows:
                                           31 Desember 2025/ 31 Desember 2024/
                                           December 31, 2025 December 31, 2024

        Belum jatuh tempo                   203.757.236.706     108.036.242.931                                       Not yet due
        1 - 30 hari                          56.527.041.016      97.255.529.110                                       1 - 30 days
        31 - 60 hari                         20.217.825.755      21.084.346.374                                      31 - 60 days
        Lebih dari 60 hari                   12.264.510.538      13.288.587.937                                More than 60 days

        Total                               292.766.614.015     239.664.706.352                                              Total


16. UTANG LAIN-LAIN - PIHAK KETIGA                                  16. OTHER PAYABLES - THIRD PARTIES
   Akun ini terdiri dari:                                               This account consist of:
                                           31 Desember 2025/ 31 Desember 2024/
                                           December 31, 2025 December 31, 2024

   Ekstra klaim diskon dan retur              30.971.507.317        25.999.467.555                Extra claim discount and return
   Jasa profesional                            4.256.691.600         1.372.917.561                               Professional fee
   Unidentify payment                          3.228.793.779         1.539.073.478                            Unidentify payment
   Pembelian aset tetap                        1.477.439.763         2.348.654.455                        Purchase of fixed asset
   Pengiriman dan logistik                       829.292.289         1.023.524.906                            Freight and logistic
   Utilitas                                      478.579.007         1.028.250.598                                          Utility
   Lainnya                                    27.354.846.137        12.813.337.528                                         Others
   Total                                      68.597.149.892        46.125.226.081                                           Total


   Pembayaran utang lain-lain diharapkan selesai                        Payment for other payable is expected in one year
   dalam satu tahun atau kurang (atau dalam siklus                      or less (or in the normal operating cycle of business
   normal operasi dari bisnis jika lebih lama), utang                   if longer), they are classified as current liabilities.
   tersebut dikelompokkan sebagai liabilitas lancar.                    If not, they are presented as non-current liabilities.
   Jika tidak, utang tersebut disajikan sebagai liabilitas
   tidak lancar.

                                                               70
Page 358
                                                                       The original consolidated financial statements included herein
                                                                                                         are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                    PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                      AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                   NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                    FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                            As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                      and for the Year Then Ended
           (Disajikan dalam Rupiah,                                                  (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                                Unless Otherwise Stated)


17. BEBAN AKRUAL                                                      17. ACCRUED EXPENSES
   Akun ini terdiri dari:                                                 This account consist of:

                                                31 Desember/December 31,
                                                  2025                   2024

   Jasa profesional                          37.471.032.665          18.533.029.477                                Professional fee
   Biaya pemasaran dan diskon tambahan       36.174.056.955          30.671.812.424              Marketing cost and extra discount
   Beban bunga                               20.361.302.804          13.310.726.331                               Interest expense
   Insentif pemasaran                         6.528.981.385           4.580.430.865                             Marketing Incentive
   Listrik, air dan telepon                   2.590.475.299           4.742.608.807               Electricity, water and telephone
   Lain-lain                                 33.864.309.982          10.271.345.766                                          Others
   Total                                    136.990.159.090          82.109.953.670                                           Total



18. UTANG BANK JANGKA PANJANG                                         18. LONG-TERM BANK LOANS
   Akun ini terdiri dari:                                                 This accounts represents as follow:
                                           31 Desember 2025/ 31 Desember 2024/
                                           December 31, 2025 December 31, 2024

   Entitas anak                                                                                                     Subsidiaries
   Dolar Australia                                                                                               Australian Dollar
   The Hongkong and Shanghai                                                                         The Hongkong and Shanghai
      Banking Corporation Ltd.                                                                         Banking Corporation Ltd.
      Multi-currency Revolving Facility                                                        Multi-currency Revolving Facility
         ($AU155.000.000 pada tanggal                                                                 (AU$155,000,000 as of
         31 Desember 2025 dan 2024         1.744.525.000.000    1.562.691.400.000              December 31, 2025 and 2024
      Fasilitas Pinjaman Berjangka                                                                     Term Loan Credit Facility
         ($AU30.000.000 pada tanggal                                                                    (AU$30,000,000 as of
         31 Desember 2025 dan                                                                        December 31, 2025 and
         $AU47.000.000 pada tanggal                                                                      AU$47,000,000 as of
         31 Desember 2024)                  337.650.000.000      473.848.360.000                         December 31, 2024)
      Commercial Debtor Finance Facility                                                     Commercial Debtor Finance Facility
         ($AU6.890.435 pada tanggal                                                                      (AU$6,890,435 as of
         31 Desember 2025)                   77.636.269.681                         -                    December 31, 2025)

   Rupiah                                                                                                                 Rupiah
   PT Bank Mandiri (Persero) Tbk                                                                    PT Bank Mandiri (Persero) Tbk
      Fasilitas Kredit Investasi             66.671.812.052           2.946.533.022                   Investment Credit Facility
   Total                                   2.226.483.081.733 2.039.486.293.022                                                Total
   Dikurangi:                                                                                                                 Less:
     Jatuh tempo dalam satu tahun           (184.862.125.758)        (15.743.220.000)                          current maturities
   Bagian jangka panjang                   2.041.620.955.975 2.023.743.073.022                                Non-current portion




                                                                71
Page 359
                                                                The original consolidated financial statements included herein
                                                                                                  are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                             PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                               AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                            NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                             FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
           (Disajikan dalam Rupiah,                                           (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                         Unless Otherwise Stated)


18. UTANG BANK JANGKA PANJANG (lanjutan)                        18. LONG-TERM BANK LOANS (continued)

   The Hongkong And Shanghai Banking                               The Hongkong And Shanghai Banking
   Corporation Limited - Utang Bank Jangka                         Corporation Limited - Long-term Bank Loan
   Panjang

   Entitas anak - Probiotec Pty. Ltd. (“PBP”)                      Subsidiaries - Probiotec Pty. Ltd. (“PBP”)

   Perjanjian Fasilitas Pinjaman telah ditandatangani              Loan Facility Agreement was signed on June 24,
   pada tanggal 24 Juni 2024 antara:                               2024 between:
   1. Probiotec Pty. Ltd. dan Probiotec Pharma Pty.                1. Probiotec Pty. Ltd. and Probiotec Pharma Pty.
       Ltd., selaku Debitur;                                           Ltd., as Debtors;
   2. Penjamin       (Guarantor),   yang    mencakup               2. Guarantor, which includes Probiotec, Probiotec
       Probiotec, Probiotec Pharma, serta sejumlah                     Pharma, and companies controlled by
       perusahaan terkendali Probiotec baik secara                     Probiotec directly or indirectly, namely: Biotech
       langsung maupun tidak langsung, yaitu: Biotech                  Pharmaceuticals Australia Pty. Ltd., Probiotec
       Pharmaceuticals Australia Pty. Ltd., Probiotec                  Pharmaceuticals        Pty.      Ltd.,    Biotech
       Pharmaceuticals       Pty.     Ltd.,    Biotech                 Pharmaceuticals Pty. Ltd., Probiotec (NSW)
       Pharmaceuticals Pty. Ltd., Probiotec (NSW)                      Pty. Ltd., South Pack Laboratories (Aust) Pty.
       Pty. Ltd., South Pack Laboratories (Aust) Pty.                  Ltd., ABS (Aus) Pty. Ltd., L.J.M. Marketing
       Ltd., ABS (Aus) Pty. Ltd., L.J.M. Marketing                     Services Pty. Ltd., Milton Pharmaceuticals Pty.
       Services Pty. Ltd., Milton Pharmaceuticals Pty.                 Ltd., Mutltipack-LJM Pty. Limited, LJM (NSW)
       Ltd., Multipack-LJM Pty. Limited, LJM (NSW)                     Pty. Ltd., and HH Packaging Pty. Ltd.; and
       Pty. Ltd., dan HH Packaging Pty. Ltd.; dan
   3. The Hongkong and Shanghai Banking                            3.   The Hongkong and Shanghai Banking
       Corporation Limited, Cabang Sydney, Australia.                   Corporation Limited, Sydney Branch, Australia.

   Berdasarkan Perjanjian Fasilitas Pinjaman di atas,              Based on the above Loan Facility Agreement, the
   Debitur menerima fasilitas-fasilitas pinjaman berupa            Debtors received loan facilities in the form of term
   pinjaman berjangka (term loan facility) sebesar                 loan facility of AU$47,000,000, revolving letter of
   $AU47.000.000, fasilitas revolving letter of credit             credit facility of AU$13,500,000, and commercial
   sebesar     $AU13.500.000,        dan     pembiayaan            debtor finance facility of AU$15,000,000 with a total
   komersial debitur sebesar $AU15.000.000 dengan                  facility amount of AU$75,500,000.
   total jumlah fasilitas senilai $AU75.500.000.

   Perjanjian ini diubah pada tanggal 13 Mei 2025 yang             This agreement was amended on May 13, 2025,
   mengubah fasilitas revolving letter of credit menjadi           which amended the revolving letter of credit facility
   sebesar $AU14.000.000 dan pada tanggal                          to $AU14,000,000, and on February 20, 2026, which
   20 Februari 2026 yang mengubah fasilitas                        amended the commercial debtor financing facility to
   pembiayaan komersial debitur menjadi sebesar                    $AU22,500,000.
   $AU22.500.000.

   Jangka waktu dari pinjaman ini yaitu tanggal yang               The term of this loan is the date that falls 3 (three)
   jatuh 3 (tiga) tahun sejak tanggal pertama kali                 years from the date the loan facility was first used by
   penggunaan fasilitas pinjaman diberikan kepada                  the Debtors. This loan bears interest at the
   Debitur. Pinjaman ini dikenakan bunga sebesar nilai             aggregate value of the applicable Bank's margin and
   agregat dari marjin dan nilai dasar Bank yang                   base rate as referred to in the Facility Agreement.
   berlaku sebagaimana dimaksud dalam Perjanjian                   This loan is secured by all current and future assets
   Fasilitas. Pinjaman ini dijamin dengan semua aset               of each of the guarantors and all current and future
   masing-masing Penjamin saat ini dan di masa                     assets of Probiotec Pharma in any form other than
   depan dan semua aset Probiotec Pharma saat ini                  trade receivables.
   dan di masa depan dalam bentuk apa pun selain
   piutang usaha.




                                                           72
Page 360
                                                              The original consolidated financial statements included herein
                                                                                                are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                           PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                             AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                          NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                           FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                   As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                             and for the Year Then Ended
           (Disajikan dalam Rupiah,                                         (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                       Unless Otherwise Stated)


18. UTANG BANK JANGKA PANJANG (lanjutan)                      18. LONG-TERM BANK LOANS (continued)

   The Hongkong And Shanghai Banking                             The Hongkong And Shanghai Banking
   Corporation Limited - Utang Bank Jangka                       Corporation Limited - Long-term Bank Loan
   Panjang (lanjutan)                                            (continued)

   Entitas anak - Probiotec Pty. Ltd. (“PBP”)                    Subsidiaries - Probiotec Pty. Ltd. (“PBP”)
   (lanjutan)                                                    (continued)

   Sehubungan dengan perjanjian pinjaman di atas,                In respect of the above loan agreement, the PBP
   PBP wajib memenuhi beberapa persyaratan dan                   have to comply several covenants and maintain
   mempertahankan rasio keuangan tertentu sebagai                certain financial ratios as follows:
   berikut:
       Fixed charge cover ratio tidak kurang dari 1,5               Fixed charge cover ratio of not less than 1.5
        kali; dan                                                     times; and
       Net leverage ratio tidak lebih dari 2,5 kali.                Net leverage ratio of not more than 2.5 times.

   Pada tanggal 31 Desember 2025 and 2024, PBP                   As of December 31, 2025 and 2024, PBP has
   telah memenuhi semua persyaratan sebagaimana                  complied with all covenants which were stated in the
   diatur dalam perjanjian pinjaman tersebut di atas.            loan agreement above.

   Entitas anak - Pyfa Australia Pty. Ltd (“PAPL”)               Subsidiaries - PYFA Australia Pty. Ltd (“PAPL”)

   PAPL telah menandatangani Multicurrency Term                  PAPL has signed a Multicurrency Term Facility
   Facility Subscription Agreement bersama dengan                Subscription Agreement with HSBC Singapore
   HSBC Cabang Singapura (“HSBC”) tertanggal 3 Mei               Branch (“HSBC”) dated May 3, 2024, which is
   2024 yang telah diamendemen dengan Amendment                  amended with an Amendment and Restatement
   and Restatement Agreement tertanggal 4 Desember               Agreement dated December 4, 2024, with the
   2024 dengan jumlah fasilitas pinjaman yang                    amount of loan facility provided by HSBC to PAPL
   diberikan oleh HSBC kepada PAPL adalah sebesar                amounting to AU$155,000,000. The facility will due
   $AU155.000.000. Fasilitas tersebut akan jatuh                 within 5 years from the loan utilization date and will
   tempo dalam waktu 5 tahun sejak tanggal utilisasi             be paid in installment based on the terms of
   pinjaman dan akan dibayar secara bertahap                     agreement.
   berdasarkan ketentuan perjanjian.

   Berdasarkan perjanjian tanggal 4 Desember 2024                Based on the agreement dated December 4, 2024,
   yang dibuat di antara oleh PAPL dan HSBC, aset                made between PAPL and HSBC, the assets of
   dari PAPL yang disepakati untuk dijaminkan adalah             PAPL agreed to be pledged are 83,773,406 shares
   83.773.406 lembar saham Probiotec Pty. Ltd.                   of Probiotec Pty. Ltd. (“PBP”) owned by PAPL
   (“PBP”) yang dimiliki PAPL (“Saham yang                       ("Pledged Shares"), including the rights and benefits
   Dijaminkan”), termasuk hak dan keuntungan yang                attached to those shares, both present and any
   melekat pada saham tersebut, efek yang dapat                  future tradable securities owned by PAPL in PBP or
   diperdagangkan yang dimiliki PAPL pada PBP baik               other securities agreed upon from time to time, as
   untuk saat ini maupun untuk masa yang akan                    well as both present and future properties of PAPL.
   datang dan efek lain yang disepakati dari waktu ke
   waktu, dan properti PAPL baik yang sudah ada
   maupun yang akan ada di masa yang akan datang.




                                                         73
Page 361
                                                               The original consolidated financial statements included herein
                                                                                                 are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                            PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                              AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                           NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                            FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                              and for the Year Then Ended
           (Disajikan dalam Rupiah,                                          (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                        Unless Otherwise Stated)


18. UTANG BANK JANGKA PANJANG (lanjutan)                       18. LONG-TERM BANK LOANS (continued)

   PT Bank Mandiri (Persero) Tbk - Utang Bank                     PT Bank Mandiri (Persero) Tbk - Long-Term
   Jangka Panjang                                                 Bank Loans

   Entitas anak - PT Ethica Industri Farmasi                      Subsidiaries - PT Ethica Industri Farmasi
   (“ETHICA”)                                                     (“ETHICA”)

   Berdasarkan Perjanjian Kredit Investasi I No.                  Based on Investment Credit Agreement I No.
   WCO.JSD/1994/KI/2024 tanggal 16 Juli 2024 dan                  WCO.JSD/1994/KI/2024 dated July 16, 2024, and
   Perjanjian      Kredit    Investasi    II     No.              on Investment Credit Agreement II No.
   WCO.CL2/0035/KI/2025 tanggal 31 Januari 2025,                  WCO.CL2/0035/KI/2025 dated January 31, 2025,
   ETHICA memperoleh Fasilitas Kredit Investasi I                 ETHICA obtained Investment Credit Facility I with a
   dengan limit Rp7.500.000.000 dan Fasilitas Kredit              limit of Rp7,500,000,000 and Investment Credit
   Investasi     II     dengan      limit    sebesar              Facility II with a limit of Rp120,000,000,000. The
   Rp120.000.000.000. Perjanjian Kredit di atas,                  above Credit Agreement is amended through
   diamandemen melalui Adendum                                    Addendum No. WCO.CL2/0035/KI/2025 dated
   No. WCO.CL2/0035/KI/2025 tanggal 30 Januari                    January 30, 2026, where the ETHICA obtained two
   2026, dimana ETHICA mendapatkan dua Fasilitas                  Credit Facilities with maximum credit limit of
   Kredit dengan limit masing-masing sebesar                      Rp65,000,000,000         and     Rp55,000,000,000,
   Rp65.000.000.000 dan Rp55.000.000.000. Fasilitas               respectively. The Credit Facilities will be paid
   Kredit tersebut akan dibayar melalui pembayaran                through monthly installments until January 30, 2033.
   angsuran bulanan sampai dengan tanggal
   30 Januari 2033.

   Pinjaman ini dijamin dengan jaminan berupa tanah               This loan is secured by collateral in the form of land
   dan bangunan termasuk mesin dan peralatan pabrik               and buildings, including machinery and factory
   dengan bukti kepemilikan Sertifikat Hak Guna                   equipment, with proof of ownership via the Building
   Bangunan Nomor 5788/Jayamukti, atas nama                       Use Rights Certificate No. 5788/Jayamukti, under
   ETHICA, yang telah diikat Hak Tanggungan ke-1                  the name of ETHICA, which has been encumbered
   (satu) sebesar Rp103.000.000.000, dan Hak                      with the 1st Mortgage Rights (Hak Tanggungan ke-
   Tanggungan ke-2         (dua) sebesar minimal                  1) amounting to Rp103,000,000,000, and the 2nd
   Rp120.000.000.000,       mesin    dan   peralatan              Mortgage Rights (Hak Tanggungan ke-2) with a
   pendukung yang diikat jaminan fidusia sebesar                  minimum value of Rp120,000,000,000, machinery
   Rp9.400.000.000, fidusia atas persediaan (Catatan              and supporting equipment are secured with a
   7) senilai Rp62.500.000.000 dan piutang usaha                  fiduciary guarantee worth Rp9,400,000,000,
   (Catatan 5) senilai Rp40.000.000.000.                          fiduciary rights on inventory (Note 7) valued at
                                                                  Rp62,500,000,000, and accounts receivable
                                                                  (Note 5) valued at Rp40,000,000,000.

   Sehubungan dengan perjanjian pinjaman di atas,                 In respect of the above loan agreement, the ETHICA
   ETHICA wajib memenuhi beberapa persyaratan dan                 have to comply several covenants and maintain
   mempertahankan rasio keuangan tertentu sebagai                 certain financial ratios as follows:
   berikut:
       Debt to equity ratio tidak lebih dari 1 kali;                 Debt to equity ratio of not more than 1 time;
       Debt service coverage ratio tidak kurang dari 1               Debt service coverage ratio of not less than 1
        kali;                                                          time;
       Current ratio tidak kurang dari 1 kali;                       Current ratio of not less than 1 time;
       Ekuitas positif; dan                                          Positive equity; and
       Arus kas operasi positif.                                     Positive operating cashflows.




                                                          74
Page 362
                                                                          The original consolidated financial statements included herein
                                                                                                            are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                        PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                          AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                       NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                        FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                          and for the Year Then Ended
           (Disajikan dalam Rupiah,                                                      (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                                    Unless Otherwise Stated)


18. UTANG BANK JANGKA PANJANG (lanjutan)                                 18. LONG-TERM BANK LOANS (continued)

   PT Bank Mandiri (Persero) Tbk - Utang Bank                                 PT Bank Mandiri (Persero) Tbk - Long-Term
   Jangka Panjang (lanjutan)                                                  Bank Loans (continued)
   Entitas anak - PT Ethica Industri Farmasi                                  Subsidiaries - PT Ethica Industri Farmasi
   (“ETHICA”) (lanjutan)                                                      (“ETHICA”) (continued)

   Pada tanggal 31 Desember 2025 dan 2024, ETHICA                             As of December 31, 2025 and 2024, ETHICA has
   telah memenuhi semua persyaratan sebagaimana                               complied with all covenants which were stated in the
   diatur dalam perjanjian pinjaman tersebut di atas.                         loan agreement above.

   ETHICA      menerima    Surat     Pemberitahuan                            ETHICA     has   received    Notification   Letter
   No. CM2.WDI/0329/2026 tanggal 13 Maret 2026                                No. CM2.WDI/0329/2026 dated March 13, 2026,
   mengenai penyesuaian tingkat suku bunga menjadi                            regarding the adjustment of the interest rate to
   8,00% per tahun yang akan berlaku 1 April 2026.                            8.00% per annum, which will take effect on April 1,
                                                                              2026.

19. UTANG OBLIGASI - NETO                                                19. BONDS PAYABLE - NET
   Rincian akun utang obligasi - neto adalah sebagai                          The details of bonds payable - net are as follows:
   berikut:
                                           31 Desember 2025/        31 Desember 2024/
                                           December 31, 2025        December 31, 2024

   Nilai nominal                                                                                                            Nominal value
       Obligasi Berkelanjutan I Pyridam                                                                             Continuing Bonds I
          Farma Tahap I Tahun 2022            400.000.000.000            400.000.000.000            Pyridam Farma Phase I Year 2022
       Obligasi Berkelanjutan I Pyridam                                                                             Continuing Bonds I
          Farma Tahap II Tahun 2023                          -           400.000.000.000           Pyridam Farma Phase II Year 2023
       Obligasi Berkelanjutan I Pyridam                                                                             Continuing Bonds I
          Farma Tahap III Tahun 2024          400.000.000.000            400.000.000.000           Pyridam Farma Phase III Year 2024
       Obligasi Berkelanjutan II Pyridam                                                                           Continuing Bonds II
          Farma Tahap I Tahun 2025            420.000.000.000                           -           Pyridam Farma Phase I Year 2025

   Total nilai nominal                      1.220.000.000.000           1.200.000.000.000                             Total nominal value

   Dikurangi biaya penerbitan obligasi
       yang belum diamortisasi:                                                                      Less unamortized bonds issuance cost:
       Obligasi Berkelanjutan I Pyridam                                                                              Continuing Bonds I
         Farma Tahap I Tahun 2022               (700.000.000)              (1.300.000.000)          Pyridam Farma Phase I Year 2022
       Obligasi Berkelanjutan I Pyridam                                                                              Continuing Bonds I
         Farma Tahap II Tahun 2023                           -             (1.125.000.000)         Pyridam Farma Phase II Year 2023
       Obligasi Berkelanjutan I Pyridam                                                                              Continuing Bonds I
         Farma Tahap III Tahun 2024             (166.666.667)              (1.166.666.670)         Pyridam Farma Phase III Year 2024
       Obligasi Berkelanjutan II Pyridam                                                                            Continuing Bonds II
         Farma Tahap I Tahun 2025              (1.750.000.000)                          -           Pyridam Farma Phase I Year 2025

   Total biaya penerbitan obligasi
      yang belum diamortisasi                  (2.616.666.667)             (3.591.666.670)         Total unamortized bonds issuance cost

   Total utang obligasi - neto              1.217.383.333.333           1.196.408.333.330                         Total bonds payable - net
   Dikurangi: bagian yang jatuh
       tempo dalam waktu satu tahun                            -         (398.875.000.000)                            Less: current portion

   Bagian jangka panjang                    1.217.383.333.333            797.533.333.330                               Long-term portion


   Pada tanggal 8 Maret 2022, Perusahaan melakukan                            On March 8, 2022, the Company offered bond
   Penawaran Umum Obligasi Berkelanjutan I Pyridam                            offering of Continuing Bonds I Pyridam Farma
   Farma     Tahap    I    tahun    2022   sebesar                            phase I year 2022 with nominal value of
   Rp400.000.000.000 dengan tingkat bunga 9,5% per                            Rp400,000,000,000 and bears 9.5% interest per
   tahun dan jatuh tempo dalam 5 (lima) tahun.                                year and payable will due within 5 (five) years.
   Perusahaan mencatatkan obligasinya pada Bursa                              These bonds were listed in the Indonesian Stock
   Efek Indonesia pada 9 Maret 2022.                                          Exchange on March 9, 2022.



                                                                   75
Page 363
                                                               The original consolidated financial statements included herein
                                                                                                 are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                            PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                              AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                           NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                            FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                    As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                              and for the Year Then Ended
           (Disajikan dalam Rupiah,                                          (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                        Unless Otherwise Stated)


19. UTANG OBLIGASI - NETO (lanjutan)                           19. BONDS PAYABLE - NET (continued)
   Pada tanggal 15 September 2023, Perusahaan                     On September 15, 2023, the Company offered bond
   melakukan      Penawaran     Umum     Obligasi                 offering of Continuing Bonds I Pyridam Farma
   Berkelanjutkan I Pyridam Farma Tahap II tahun                  phase II year 2023 with nominal value of
   2023 sebesar Rp400.000.000.000 dengan tingkat                  Rp400,000,000,000 and bears 9.5% interest rate
   bunga 9,5% per tahun dan jatuh tempo dalam                     per year and payable will due within 2 (two) years.
   2    (dua)   tahun.   Perusahaan  mencatatkan                  These bonds were listed in the Indonesian Stock
   obligasinya pada Bursa Efek Indonesia pada                     Exchange on September 21, 2023. These bonds
   21 September 2023. Obligasi ini sudah dilunasi                 were fully repaid in September 2025.
   pada September 2025.
   Pada tanggal 25 Januari 2024, Perusahaan                       On January 25, 2024, the Company conducted a
   melakukan      Penawaran       Umum         Obligasi           Public Offering of Pyridam Farma Phase III
   Berkelanjutkan I Pyridam Farma Tahap III tahun                 Continuing Bonds I year 2024 in the amount of
   2024 sebesar Rp400.000.000.000 dengan tingkat                  Rp400,000,000,000 with an interest rate of 9.5% per
   bunga 9,5% per tahun dan jatuh tempo dalam                     annum and maturing in 2 (two) years. The Company
   2    (dua)   tahun.   Perusahaan       mencatatkan             listed its bonds on the Indonesia Stock Exchange on
   obligasinya pada Bursa Efek Indonesia pada                     February 26, 2024. The proceeds of these bonds
   26 Februari 2024. Hasil dari obligasi ini digunakan            are used for the development of the Company's
   untuk pengembangan usaha Perusahaan termasuk                   business including but not limited to costs for
   tidak terbatas pada biaya untuk ekspansi, biaya                expansion, capital expenditure costs, raw material
   belanja modal, biaya bahan baku, biaya                         costs, operational costs, marketing costs, product
   operasional,     biaya      pemasaran,         biaya           development costs, and other necessary
   pengembangan produk, dan biaya lain-lain yang                  miscellaneous costs.
   diperlukan.
   Berdasarkan Rapat Umum Pemegang Obligasi                       Based on the General Meeting of the Bondholders
   seperti yang diaktakan dengan Akta Notaris Pratiwi             as notarized by Notarial Deed No. 10 and 12 of
   Handayani, S.H., M.Kn., No. 10 dan 12 tanggal                  Pratiwi Handayani, S.H., M.Kn., dated November
   21 November 2025, para pemegang Obligasi                       21, 2025, the bondholders of Pyridam Farma Phase
   Berkelanjutan I Pyridam Farma Tahap III tahun                  III Continuing Bonds I Year 2024 approved the
   2024, menyetujui perubahan Pasal 5.3 dari                      amendmend of Article 5.3 of the Bond Indenture to
   Perjanjian Perwaliamanatan untuk mengubah                      change the terms of the bonds from 2 (two) years to
   jangka waktu obligasi dari 2 (dua) tahun menjadi 5             5 (five) years from the issuance date of the bonds.
   (lima) tahun sejak tanggal penerbitan obligasi
   tersebut.
   Pada tanggal 9 Juli 2025, Perusahaan melakukan                 On July 9, 2025, the Company offered bond offering
   Penawaran Umum Obligasi Berkelanjutkan II                      of Continuing Bonds II Pyridam Farma tahap I year
   Pyridam Farma tahap I tahun 2025 sebesar                       2025 with nominal value of Rp420,000,000,000 and
   Rp420.000.000.000 dengan tingkat bunga 9% per                  bears 9% interest rate per year and payable will due
   tahun dan jatuh tempo dalam 3 (tiga) tahun.                    within 3 (three) years. The Company obtained an
   Perusahaan memperoleh pernyataan efektif dari                  effective statement from OJK on June 30, 2025
   OJK tanggal 30 Juni 2025 perihal Pemberitahuan                 regarding the Notification of the Effectiveness of the
   Efektifnya Pernyataan Pendaftaran.                             Registration Statement.
   Hasil bersih yang diperoleh dari obligasi ini                  The net proceeds from the bonds were used for
   digunakan       untuk     pembayaran      Obligasi             repayment of the Continuing Bonds I Pyridam
   Berkelanjutan I Pyridam Farma Tahap II tahun 2023              Farma phase II year 2023 and working capital of the
   sisanya untuk modal kerja Grup. Seluruh utang                  Group. All bonds issued are listed on the Indonesia
   obligasi telah dicatatkan di Bursa Efek Indonesia              Stock Exchange and denominated in Rupiah.
   dan diterbitkan dalam mata uang Rupiah.
   Perjanjian   perwaliamanatan     untuk   obligasi              The trustee agreement for the bonds set up a
   mengatur ketentuan finansial yang harus dipenuhi               financial covenant for the Company to maintain the
   oleh Perusahaan untuk memelihara DER ("Debt                    DER ("Debt Equity Ratio") to not more than 5x. As
   Equity Ratio") tidak lebih dari 5x. Pada tanggal               of December 31, 2025 and 2024, the Company has
   31 Desember 2025 dan 2024 Perusahaan telah                     complied with the aforementioned covenant.
   memenuhi ketentuan tersebut.


                                                          76
Page 364
                                                                                The original consolidated financial statements included herein
                                                                                                                  are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                              PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                                AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                             NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                              FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                      As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                                and for the Year Then Ended
           (Disajikan dalam Rupiah,                                                            (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                                          Unless Otherwise Stated)


20. LIABILITAS IMBALAN KERJA KARYAWAN                                           20. EMPLOYEE BENEFITS LIABILITIES

   Rincian beban imbalan kerja karyawan adalah                                      Details of employee benefits expense are as
   sebagai berikut:                                                                 follows:
                                                      31 Desember 2025/    31 Desember 2024/
                                                      December 31, 2025    December 31, 2024

   Liabilitas imbalan kerja karyawan jangka pendek       139.005.188.891        127.335.014.707             Short-term employee benefits liabilities
   Liabilitas imbalan kerja karyawan jangka panjang       46.764.442.697         50.532.788.262             Long-term employee benefits liabilities

   Total                                                 185.769.631.588        177.867.802.969                                               Total


   Pada tanggal 31 Desember 2025 dan 2024, Grup                                     As of December 31, 2025 and 2024, the Group
   mengakui liabilitas imbalan kerja karyawan jangka                                recognized short-term employee benefits amounted
   pendek            masing-masing               sebesar                            to Rp139,005,188,891 and Rp127,335,014,707,
   Rp139.005.188.891       dan     Rp127.335.014.707                                respectively mainly represent liabilities employee
   merupakan liabilitas imbalan kerja atas cuti tahunan,                            benefits for annual leave, salary, superannuation,
   gaji, superannuation, bonus dan tunjangan hari                                   bonuses and holiday allowances.
   raya.

   Liabilitas Imbalan Kerja Karyawan Jangka Panjang                                 Long-term Employee Benefits Liabilities
   Pada tanggal 31 Desember 2025 dan 2024, Grup                                     As of December 31, 2025 and 2024, the Group
   mengakui liabilitas imbalan kerja karyawan yang                                  recognized employee benefits liabilities amounting
   masing-masing jumlahnya ditentukan melalui                                       when were determined through actuarial valuations
   perhitungan aktuaria yang dilakukan oleh Kantor                                  performed by Kantor Konsultan Aktuaria Steven
   Konsultan Aktuaria Steven Mourits, aktuaris                                      Mourits, an independent actuary, based on its report
   independen, berdasarkan laporan No. 1378/MR-EP-                                  1378/MR-EP-PSAK219-PFRM/III/2026 until No.
   PSAK219-PFRM/III/2026 hingga No. 1380/MR-EP-                                     1380/MR-EP-PSAK219-EIFR/III/2026 dated March
   PSAK219-EIFR/III/2026 tertanggal 26 Maret 2026                                   26, 2025 for December 31, 2025 and
   untuk 31 Desember 2025 dan No. 1414/MR-EP-                                       1414/MR-EP-PSAK219-PFRM/III/2025 until No.
   PSAK219-PFRM/III/2025 hingga No. 1416/MR-EP-                                     1416/MR-EP-PSAK219-EIFR/III/2025 dated March
   PSAK219-EIFR/III/2025 tertanggal 24 Maret 2025                                   24, 2025 for December 31, 2024.
   untuk 31 Desember 2024.

   Liabilitas imbalan kerja karyawan tersebut dihitung                              The employee benefits liabilities are calculated
   dengan menggunakan metode “Projected Unit                                        using the”Projected Unit Credit” method and are
   Credit” dan asumsi - asumsi sebagai berikut:                                     based on the following assumptions:
                                                      31 Desember 2025/ 31 Desember 2024/
                                                      December 31, 2025 December 31, 2024

   Tingkat diskonto                                      7,10% - 7,15%         7,10% - 7,15%                                    Discount rate
   Tingkat kenaikan gaji                                 4,00% - 5,00%        5,00% - 10,00%                             Salary increase rate
   Tingkat kematian                                         TMI 4 - 2019          TMI 4 - 2019                                  Mortality rate
   Usia pensiun normal                                57 - 58 tahun/year    57 - 58 tahun/year                         Normal retirement age




                                                                           77
Page 365
                                                                       The original consolidated financial statements included herein
                                                                                                         are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                    PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                      AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                   NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                    FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                            As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                      and for the Year Then Ended
           (Disajikan dalam Rupiah,                                                  (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                                Unless Otherwise Stated)


20. LIABILITAS      IMBALAN        KERJA      KARYAWAN                20. EMPLOYEE BENEFITS LIABILITIES (continued)
    (lanjutan)

   Beban imbalan kerja yang diakui dalam laporan laba                     The related expenses recognized in the
   rugi   dan     penghasilan    komprehensif     lain                    consolidated statement of profit or loss and other
   konsolidasian adalah sebagai berikut:                                  comprehensive income are as follows:
                                                 Tahun yang berakhir pada
                                                   tanggal 31 Desember/
                                                 Year ended December 31,
                                                  2025                   2024

  Beban jasa kini                               5.597.859.643          5.659.782.505                           Current service cost
  Beban jasa lalu                              (3.165.284.676)        (2.408.028.398)                             Past service cost
  Beban bunga                                   2.403.122.162          2.070.511.673                                    Interest cost
  Pengukuran kembali                                        -            (33.602.000)                              Remeasurement
  Penyesuaian liabilitas atas                                                                             Liability released due to
    transfer keluar (masuk) karyawan             (180.450.732)             1.831.902                employee transferred out (in)
  Jumlah imbalan sebelum kelebihan
    pembayaran                                  4.655.246.397          5.290.495.682           Total before excess benefit payment
  Kelebihan pembayaran imbalan                     20.659.556              1.035.755                      Excess benefits payment

  Jumlah                                        4.675.905.953          5.291.531.437                                           Total


   Perubahan nilai kini kewajiban imbalan pasti adalah                    The changes in the present value of defined benefit
   sebagai berikut:                                                       obligation are as follows:

                                                 Tahun yang Berakhir pada
                                                   Tanggal 31 Desember/
                                                 Year Ended December 31,

                                                   2025                  2024
    Nilai kini kewajiban imbalan pasti                                                               Present value of defined benefit
       pada tanggal 1 Januari                  37.095.769.902         34.901.002.103                   obligation as of January 1
    Beban imbalan kerja yang diakui                                                                     Employee benefits expenses
      pada laba rugi:                                                                                 recognized in profit or loss:
      - Beban jasa kini                         5.597.859.643          5.659.782.505                      Current service cost -
      - Beban jasa lalu                        (3.165.284.676)        (2.408.028.398)                        Past service cost -
      - Beban bunga                             2.403.122.162          2.070.511.673                              Interest cost -
      - Provisi untuk pembayaran imbalan
         di luar provisi yang dihitung             20.659.556              1.035.755      Provision for excess benefit payment -
      - Transfer in (out)                        (180.450.732)             1.831.902                             Transfer in (out) -
      - Pengukuran kembali atas NKKIP                                                              Remeasurements of PVDBO -
         hanya untuk IJPL                                   -            (33.602.000)                             only for OLTEB
    Pengukuran kembali liabilitas imbalan                                                             Remeasurement of net defined
      pasti neto yang diakui pada                                                                    benefit liability recognized in
      (penghasilan) rugi komprehensif lain:                                                  other comprehensive (income) loss:
       - Kerugian (keuntungan )aktuarial
         yang timbul dari penyesuaian                                                                Actuarial gain (loss) due to -
         atas pengalaman                        1.936.932.974           (484.639.485)                  experience adjustment
       - Keuntungan aktuarial
         yang timbul dari perubahan                                                                      Actuarial gains due to -
         asumsi keuangan                       (5.918.163.604)        (2.012.849.178)        changes in financial assumptions
    Pembayaran manfaat                         (2.474.705.702)          (598.239.220)                                   Benefits paid
    Kelebihan pembayaran imbalan                  (20.659.556)            (1.035.755)                      Excess benefits payment
    Nilai kini kewajiban imbalan pasti                                                            Present value of defined benefit
      pada tanggal 31 Desember                 35.295.079.967         37.095.769.902             obligation as of December 31




                                                                 78
Page 366
                                                                                  The original consolidated financial statements included herein
                                                                                                                    are in Indonesian language.

            PT PYRIDAM FARMA Tbk                                                                  PT PYRIDAM FARMA Tbk
            DAN ENTITAS ANAKNYA                                                                    AND ITS SUBSIDIARIES
           CATATAN ATAS LAPORAN                                                                 NOTES TO THE CONSOLIDATED
          KEUANGAN KONSOLIDASIAN                                                                  FINANCIAL STATEMENTS
       Tanggal 31 Desember 2025 dan untuk                                                          As of December 31, 2025
    Tahun yang Berakhir pada Tanggal Tersebut                                                    and for the Year Then Ended
            (Disajikan dalam Rupiah,                                                                (Expressed in Rupiah,
            Kecuali Dinyatakan Lain)                                                              Unless Otherwise Stated)


20. LIABILITAS          IMBALAN         KERJA       KARYAWAN                     20. EMPLOYEE BENEFITS LIABILITIES (continued)
    (lanjutan)

    Mutasi liabilitas imbalan kerja karyawan jangka                                    Movements in the liability for post-employment
    panjang yang diakui di laporan posisi keuangan                                     benefits recognized in the consolidated statements
    konsolidasian adalah sebagai berikut:                                              of financial position are as follows:
                                                            Tahun yang Berakhir pada
                                                              Tanggal 31 Desember/
                                                            Year Ended December 31,
                                                             2025                    2024

    Saldo awal                                        37.095.769.902             34.901.002.103                                       Beginning balance
    Beban tahun berjalan                               4.655.246.397              7.699.559.835                                 Expense during the year
    Biaya jasa lalu atas perubahan imbalan                         -             (2.408.028.398)               Past service cost due to plan amendment
    Rugi aktuarial                                    (3.981.230.631)            (2.497.488.663)                                           Actuarial loss
    Pembayaran tahun berjalan                         (2.474.705.701)              (599.274.975)                              Payments during the year

    Saldo akhir                                       35.295.079.967             37.095.769.902                                         Ending balance


    Dampak terhadap nilai kewajiban imbalan pasti dari                                 The impact to the value of the defined benefit
    perubahan yang mungkin terjadi pada asumsi                                         obligation of a reasonably possible change to
    aktuaria ditunjukkan pada tabel berikut:                                           actuarial assumption is presented in the table below:
                                                     Kenaikan 1%/                           Penurunan 1%/
                                                     1% Increase                             1% Decrease

                                             2025                2024                2025                    2024

     Tingkat diskonto                     (2.741.623.437)     (2.280.055.276)      3.138.008.946        2.603.846.573                             Discount rate
     Tingkat kenaikan gaji masa depan      3.264.784.967       2.731.264.846      (2.894.481.843)      (2.425.543.479)              Future salary increase rate


    Perkiraan profil jatuh tempo kewajiban imbalan pasti                               The estimated maturity profile of the defined benefit
    pada tanggal 31 Desember 2025 dan 2024 adalah                                      plan as of December 31, 2025 and 2024 is as follow:
    sebagai berikut:
                                                    31 Desember 2025/ 31 Desember 2024/
                                                    December 31, 2025 December 31, 2024

    Dalam waktu 12 bulan ke depan                      3.671.704.568              9.815.105.108                               Within the next 12 months
    Antara 1 sampai 2 tahun                            1.689.667.958              2.610.706.403                                    Between 1 to 2 years
    Antara 2 sampai 5 tahun                            4.993.266.479              9.014.711.512                                    Between 2 to 5 years
    Di atas 5 tahun                                   98.123.861.108             91.649.556.381                                          Beyond 5 years


21. MODAL SAHAM                                                                  21. SHARE CAPITAL
    Pada tanggal 31 Desember 2025 dan 2024,                                            As of December 31, 2025 and 2024, the composition
    susunan kepemilikan saham sesuai dengan                                            of stockholders based on the records maintained by
    pencatatan PT Sinartama Gunita selaku Biro                                         PT Sinartama Gunita, the Shares Administration
    Administrasi Efek adalah sebagai berikut:                                          Agency, are as follows:
                                                    31 Desember 2025/ December 31, 2025

                                         Jumlah saham
                                        ditempatkan dan
                                         disetor penuh/           Persentase
                                           Number of              pemilikan/
                                         shares issued           Percentage of
     Nama Pemegang Saham                  and fully paid          ownership                    Total/Total                        Name of Shareholders

   Rejuve Global Investment Pte Ltd        6.793.427.177                    60,45%           679.342.717.700             Rejuve Global Investment Pte Ltd
   PT Asuransi Jiwa Starinvestama            572.628.400                     5,10%            57.262.840.000              PT Asuransi Jiwa Starinvestama
   Masyarakat (masing-masing
     di bawah 5%)                          3.870.637.217                    34,45%           387.063.721.700                      Public (each below 5%)

   Total                                  11.236.692.794                   100,00%          1.123.669.279.400                                         Total



                                                                            79
Page 367
                                                                          The original consolidated financial statements included herein
                                                                                                            are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                       PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                         AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                      NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                       FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                               As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                         and for the Year Then Ended
           (Disajikan dalam Rupiah,                                                     (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                                   Unless Otherwise Stated)


21. MODAL SAHAM (lanjutan)                                             21. SHARE CAPITAL (continued)
   Pada tanggal 31 Desember 2025 dan 2024,                                   As of December 31, 2025 and 2024, the composition
   susunan kepemilikan saham sesuai dengan                                   of stockholders based on the records maintained by
   pencatatan PT Sinartama Gunita selaku Biro                                PT Sinartama Gunita, the Shares Administration
   Administrasi Efek adalah sebagai berikut: (lanjutan)                      Agency, are as follows: (continued)
                                                31 Desember 2024/December 31, 2024

                                      Jumlah saham
                                     ditempatkan dan
                                      disetor penuh/       Persentase
                                        Number of          pemilikan/
                                      shares issued       Percentage of
  Nama Pemegang Saham                  and fully paid      ownership              Total/Total                     Name of Shareholders

  Rejuve Global Investment Pte Ltd      6.763.997.777             60,20%         676.399.777.700         Rejuve Global Investment Pte Ltd
  PT Asuransi Jiwa Starinvestama          572.628.400              5,10%          57.262.840.000          PT Asuransi Jiwa Starinvestama
  Masyarakat (masing-masing
    di bawah 5%)                        3.900.053.823             34,70%         390.005.382.300                  Public (each below 5%)

  Total                                11.236.680.000            100,00%       1.123.668.000.000                                   Total


   Berdasarkan pencatatan Biro Administrasi Efek di                          Based on the above records maintained by the
   atas, pada tanggal 31 Desember 2025 dan 2024,                             Shares Administration Agency, as of December 31,
   Bedjo Stefanus, Direktur Perusahaan, memiliki                             2025 and 2024, Bedjo Stefanus, the Company’s
   saham Perusahaan masing-masing sebanyak                                   Director, owned the Company’s shares amounting
   13.310.000 saham.                                                         to 13,310,000 shares, respectively.

   Berdasarkan Akta Notaris Mochamad Nova Faisal,                            Based on the Notarial Deed No. 2 dated
   S.H., M.Kn., No. 2 tanggal 4 Januari 2024, para                           January 4, 2024 of Mochamad Nova Faisal, S.H.,
   pemegang saham Perusahaan menyetujui untuk                                M.Kn., the Company’s shareholders agreed to
   meningkatkan modal dasar dari 1.600.000.000                               increase the authorized capital from 1,600,000,000
   saham menjadi 38.000.000.000 saham yang telah                             shares to 38,000,000,000 shares that has been
   disetujui oleh Kementerian Hukum dan Hak Asasi                            approved by the Ministry of Law and Human Rights
   Manusia Republik Indonesia berdasarkan Surat                              of Republic of Indonesia based on its Decision
   Keputusan No. AHU-000555.AH.01.02.Tahun 2024                              Letter No. AHU-000555.AH.01.02.Year 2024 dated
   tanggal 4 Januari 2024.                                                   January 4, 2024.

   Peningkatan modal dasar sehubungan aksi                                   The increase in authorized paid capital in
   korporasi Perusahaan berupa Peningkatan Modal                             connection with the Company's corporate action in
   dengan Memberikan Hak Memesan Efek Terlebih                               the form of Capital Increase by Granting
   Dahulu I ("PMHMETD I") dalam jumlah sebanyak-                             Pre-emptive Rights I ("PMHMETD I") in the
   banyaknya 10.701.600.000 saham baru, dengan                               maximum amount of 10,701,600,000 new shares,
   nilai harga pelaksanaan sebesar Rp100 per saham,                          with an exercise price value amounting to Rp100
   sehingga jumlah dana yang akan diterima                                   per share, therefore the amount of funds that the
   Perusahaan dalam Penawaran PMHMETD I adalah                               Company will receive in the PMHMETD I Offering is
   sebanyak-banyaknya Rp1.070.160.000.000.                                   a maximum of Rp1,070,160,000,000.
   Bersamaan dengan PMHMETD I ini, Perusahaan                                Simultaneously with PMHMETD I, the Company
   juga menerbitkan sebanyak 178.360.000 Waran                               also issued 178,360,000 Series I Warrants or
   Seri I atau sebanyak 33,33% dari jumlah modal                             33.33% of the total issued and fully paid capital at
   ditempatkan dan disetor penuh pada saat                                   the time of the Registration Statement in the context
   Pernyataan Pendaftaran dalam rangka PMHMETD                               of PMHMETD I, with funds from the exercise of
   I, dengan dana hasil pelaksanaan Waran Seri I                             Series I Warrants amounting to a maximum of
   adalah sebanyak-banyaknya Rp142.688.000.000                               Rp142,688,000,000 with exercise price Rp800 per
   dengan nilai pelaksanaan Rp800 per Waran.                                 Warrant.

   Adapun efektifnya pernyataan pendaftaran dalam                            The effectiveness of the registration statement for
   rangka PMHMETD I telah diterima dari OJK pada                             PMHMETD I was received from the OJK on
   tanggal     3    April  2024     melalui    Surat                         April 3, 2024 via Letter No. S-54/D.04/2024
   No.     S-54/D.04/2024   perihal   Pemberitahuan                          regarding    Notification of    Effectiveness    of
   Efektifnya Pernyataan Pendaftaran.                                        Registration Statement.


                                                                  80
Page 368
                                                                     The original consolidated financial statements included herein
                                                                                                       are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                  PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                    AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                 NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                  FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                          As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                    and for the Year Then Ended
           (Disajikan dalam Rupiah,                                                (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                              Unless Otherwise Stated)


22. TAMBAHAN MODAL DISETOR - NETO                                   22. ADDITIONAL PAID-IN CAPITAL - NET

   Pada tanggal 31 Desember 2025 dan 2024, rincian                      As of December 31, 2025 and 2024, the details of
   akun tambahan modal disetor - neto adalah sebagai                    additional paid-in capital - net are as follows:
   berikut:

                                           31 Desember 2025/   31 Desember 2024/
                                           December 31, 2025   December 31, 2024

   Agio saham dari penawaran umum                                                            Additional paid-in capital from initial
      saham kepada masyarakat tahun 2001                                                              public offering in 2001
      120.000.000 saham dengan                                                             120,000,000 shares with par value
      dengan nilai nominal Rp100 per                                                                     of Rp100 per share
      saham dan harga penawaran                                                                                and offered at
      Rp105 per saham                           600.000.000            600.000.000                          Rp105 per share
   Biaya emisi efek ekuitas                  (1.550.921.499)        (1.550.921.499)                          Stock issuance cost

   Subtotal                                    (950.921.499)         (950.921.499)                                        Sub-total

   Agio saham dari dividen saham tahun                                                        Additional paid-in capital from stock
      2002 sejumlah 15.080.000 saham                                                                         dividends in 2002
      dengan harga pasar Rp300 per                                                                totalling 15,080,000 shares
      saham                                   3.016.000.000         3.016.000.000        with market price at Rp300 per share
   Uang muka pelaksanaan waran                            -             1.504.800                   Advance for warrant exercise
                                                                                                          Additional paid-in capital
   Agio pelaksanaan waran                         8.955.800                        -                 from exercise of warrants

   Total                                      2.074.034.301         2.066.583.301                                             Total


   Selama 2025 jumlah waran yang dikonversi                             During 2025 a total of 12,794 warrants were
   sebanyak 12.794 dengan nilai nominal Rp100 per                       converted with par value of Rp100 per share and an
   saham dan harga pelaksanaan sebesar Rp800 per                        exercise price of Rp800 per warrant.
   waran.


23. PENDAPATAN NETO                                                 23. NET REVENUES

   Rincian pendapatan neto adalah sebagai berikut:                       The details of net revenues are as follows:

                                                  Tahun yang Berakhir
                                               pada Tanggal 31 Desember
                                                Year Ended December 31,
                                                 2025                  2024

   Produk farmasi, kecantikan dan                                                            Pharmaceutical products, esthetic and
      jasa maklon                          3.015.431.339.036 2.119.334.669.332                      toll manufacturing service
   Produk alat kesehatan                      17.103.524.862    18.314.844.428                       Medical equipment products
   Total                                   3.032.534.863.898 2.137.649.513.760                                                 Total
   Retur dan potongan penjualan             (272.112.812.583) (216.837.681.173)                            Sales return and discount

   Neto                                    2.760.422.051.315 1.920.811.832.587                                                    Net


   Pada tahun 2025, pelanggan dengan nilai                              In 2025, individual customers whose revenue
   pendapatan melebihi 10% dari total pendapatan                        contribution exceeded 10% of the consolidated net
   adalah PT Mega Inter Distrindo dengan persentase                     revenue is PT Mega Inter Distrindo with percentage
   sebesar 19%. Sedangkan untuk tahun 2024, tidak                       of 19%. In comparison, for the year 2024, no
   ada spesifik pelanggan dengan jumlah pendapatan                      individual customers whose revenue contribution
   yang melebihi 10% dari jumlah pendapatan neto                        exceeded 10% of the consolidated net revenue.
   konsolidasian.


                                                               81
Page 369
                                                                      The original consolidated financial statements included herein
                                                                                                        are in Indonesian language.

          PT PYRIDAM FARMA Tbk                                                    PT PYRIDAM FARMA Tbk
          DAN ENTITAS ANAKNYA                                                      AND ITS SUBSIDIARIES
         CATATAN ATAS LAPORAN                                                   NOTES TO THE CONSOLIDATED
        KEUANGAN KONSOLIDASIAN                                                    FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                            As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                                      and for the Year Then Ended
          (Disajikan dalam Rupiah,                                                  (Expressed in Rupiah,
          Kecuali Dinyatakan Lain)                                                Unless Otherwise Stated)


24. BEBAN POKOK PENDAPATAN                                           24. COST OF REVENUES
   Rincian beban pokok pendapatan adalah sebagai                          The details of cost of revenues are as follows:
   berikut:
                                                   Tahun yang Berakhir
                                                pada Tanggal 31 Desember
                                                 Year Ended December 31,
                                                 2025                   2024

    Bahan baku dan kemasan                  810.936.858.031     542.325.759.197             Raw material and packaging materials
    Upah buruh langsung                     568.076.976.400     333.527.477.862                                    Direct labors
    Beban pabrikasi                         790.226.953.020     462.760.474.831                               Factory overheads
    Jumlah beban produksi                  2.169.240.787.451   1.338.613.711.890                            Total production cost
    Persediaan barang dalam proses                                                                      Work in process inventory
      Awal tahun                             22.342.277.349          19.060.710.505                       At beginning of year
      Akhir tahun                           (33.552.864.424)        (22.342.277.349)                             At end of year

    Harga pokok produksi                   2.158.030.200.376   1.335.332.145.046                      Cost of goods manufactured
    Persediaan barang jadi                                                                              Finished goods inventory
      Awal tahun                            133.546.138.165      120.284.837.940                           At beginning of year
      Akhir tahun                          (165.575.712.695)    (133.546.138.165)                                At end of year
    Subtotal - Beban pokok                                                                          Sub-total Cost of goods sold -
      penjualan - Produksi                 2.126.000.625.846   1.322.070.844.821                                    Production

    Barang dagangan                                                                                                  Merchandise
    Persediaan                                                                                                         Inventories
      Awal tahun                              8.388.645.724          5.910.765.238                          At beginning of year
      Pembelian - neto                       48.564.677.991         64.739.325.990                              Purchases - net
      Akhir tahun                            (5.676.410.343)        (8.388.645.724)                               At end of year
    Subtotal - beban pokok                                                                               Sub-total - Cost of sales -
      penjualan - Barang dagangan            51.276.913.372         62.261.445.504                                 Merchandise
    Total Beban Pokok Penjualan            2.177.277.539.218 1.384.332.290.325                         Total Cost of Goods Sold


   Tidak ada spesifik vendor dengan jumlah pembelian                       No individual vendor accounted for purchases
   yang melebihi 10% dari jumlah pembelian neto                            exceeding 10% of the total consolidated net
   konsolidasian.                                                          purchases.

25. BEBAN PENJUALAN DAN PEMASARAN                                    25. SELLING AND MARKETING EXPENSES
   Rincian beban penjualan dan pemasaran adalah                            The details of selling and marketing expenses are
   sebagai berikut:                                                        as follows:
                                                  Tahun yang berakhir
                                                pada tanggal 31 Desember
                                                Year ended December 31,

                                                 2025                   2024

   Gaji, upah dan tunjangan                 119.374.106.663     127.638.572.720                  Salaries, wages and allowances
   Promosi dan pengembangan pasar            86.756.303.551      92.162.983.413              Promotion and market development
   Pengangkutan                              34.892.162.350      22.215.726.697                                    Freight charges
   Perjalanan dinas                          13.191.824.196      12.929.793.878                                             Travel
   Beban hiburan                              5.660.359.434       4.285.559.365                           Entertainment expenses
   Penyusutan aset hak-guna (Catatan 13)      5.446.066.504       3.233.163.652         Depreciation right-of-use assets (Note 13)
   Seminar dan pelatihan                      5.030.292.577       2.682.841.742                            Seminars and trainings
   Sewa                                       1.231.240.697       1.769.154.866                                               Rent
   Lain-lain (masing-masing di bawah
      Rp1 milyar)                            15.239.067.293         12.998.077.327                 Others (each below Rp1 billion)
   Total                                    286.821.423.265     279.915.873.660                                               Total




                                                               82
Page 370
                                                                      The original consolidated financial statements included herein
                                                                                                        are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                   PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                     AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                  NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                   FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                           As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                     and for the Year Then Ended
           (Disajikan dalam Rupiah,                                                 (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                               Unless Otherwise Stated)


26. BEBAN UMUM DAN ADMINISTRASI                                      26. GENERAL AND ADMINISTRATIVE EXPENSES

   Rincian beban umum dan administrasi adalah                             The details of general and administrative expenses
   sebagai berikut:                                                       are as follows:

                                                Tahun yang Berakhir pada
                                                  Tanggal 31 Desember
                                                Year Ended December 31,
                                                 2025                   2024

    Gaji, upah dan tunjangan                168.094.943.086         78.494.800.912                 Salaries, wages and allowances
    Amortisasi aset takberwujud              64.863.602.905         48.788.879.025                Amortization of intangible assets
    Jasa profesional                         52.788.893.889         35.951.205.010                                 Professional fees
    Sewa                                     23.111.983.181         14.793.688.469                                             Rent
    Penelitian dan pengembangan              21.540.925.578         17.615.109.980                      Research and development
    Lisensi dan perizinan                    16.738.906.345          9.278.826.018                              License and permits
    Cadangan kerugian penurunan nilai                                                             Allowance for impairment losses
       piutang (Catatan 5)                   14.674.221.583          7.336.345.622                        of receivables (Note 5)
    Penyusutan aset hak-guna (Catatan 13)    13.912.295.887         12.191.802.540     Depreciation of right-of-use assets (Note 13)
    Telepon, air, dan listrik                12.626.188.153          3.435.370.440                Telephone, water, and electricity
    Penyusutan aset tetap (Catatan 11)       12.540.679.157          6.015.039.786          Depreciation of fixed assets (Note 11)
    Imbalan kerja karyawan                   11.758.218.449          6.792.836.880                                Employee benefits
    Asuransi                                 10.140.147.094          6.740.792.893                                        Insurance
    Perjalanan dinas                          7.618.319.202          2.745.296.801                                            Travel
    Perbaikan dan pemeliharaan                5.816.192.702          9.892.332.272                            Repair and maintance
    Lain-lain (masing-masing di bawah
      Rp1 milyar)                            19.271.016.748         12.826.260.794                  Others (each below Rp1 billion)
    Total                                   455.496.533.959     272.898.587.442                                               Total




27. BEBAN LAINNYA - NETO                                             27. OTHER EXPENSES - NET

   Rincian penghasilan (beban) lainnya - neto adalah                     The details of other income (expenses) - net are as
   sebagai berikut:                                                      follows:

                                                 Tahun yang berakhir
                                               pada tanggal 31 Desember
                                               Year ended December 31,

                                                 2025                   2024


   Jasa marketing holder dan lainnya          3.132.956.923       13.433.472.237                  Marketing holder and other fees
   Biaya relokasi                           (33.126.170.555)                   -                                   Relocation cost
   Penurunan nilai goodwill (Catatan 12)    (12.736.540.670)                   -                 Impairment of goodwill (Note 12)
   Rugi kurs mata uang asing - neto          (7.055.313.682)      (4.847.241.831)              Loss on foreign exchange rate - net
   Beban pajak                               (4.929.717.313)      (3.435.896.169)                                   Tax expenses
   Biaya transaksi akuisisi                               -     (103.273.430.426)                    Acquisition transaction costs
   Lain-lain - neto                          (3.311.691.094)       7.578.950.227                                      Others - net
   Total                                    (58.026.476.391)        (90.544.145.962)                                          Total


   Biaya relokasi merupakan beban terkait konsolidasi                     Relocation costs represent expenses associated
   empat fasilitas pengemasan yang ada di New South                       with the consolidation of four packing facilities in
   Wales, Australia, menjadi satu fasilitas terintegrasi                  New South Wales, Australia, into a single 36,000m²
   seluas 36.000m² yang berlokasi di Kemps Creek,                         integrated facility located in Kemps Creek, Western
   Western Sydney.                                                        Sydney.




                                                               83
Page 371
                                                                     The original consolidated financial statements included herein
                                                                                                       are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                  PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                    AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                 NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                  FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                          As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                    and for the Year Then Ended
           (Disajikan dalam Rupiah,                                                (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                              Unless Otherwise Stated)


28. BEBAN KEUANGAN                                                  28. FINANCE COSTS
   Rincian beban keuangan adalah sebagai berikut:                        The details of finance costs are as follows:
                                                  Tahun yang berakhir
                                                pada tanggal 31 Desember
                                                Year ended December 31,
                                                  2025                 2024

   Utang bank                                144.792.374.710     87.437.414.703                                          Bank loans
   Obligasi                                  121.054.843.487    107.983.333.345                                                Bonds
   Bunga atas                                                                                                             Interest on
     liabilitas sewa (Catatan 13)             52.288.456.560        16.776.833.492                    lease liabilities (Note 13)
   Provisi bank                                4.582.889.920         9.474.550.544                                   Bank provision
   Lain-lain                                   3.181.836.576         4.308.299.254                                            Others
   Total                                     325.900.401.253    225.980.431.338                                               Total


29. PERPAJAKAN                                                      29. TAXATION
   Pajak dibayar dimuka terdiri dari:                                   Prepaid taxes consists of:
                                            31 Desember 2025/ 31 Desember 2024/
                                            December 31, 2025 December 31, 2024

   Perusahaan                                                                                                           Company
      Pajak Penghasilan:                                                                                       Income Taxes:
         Pasal 21                                539.543.683          499.976.456                                 Article 21
         Pasal 22                                    331.459                    -                                 Article 22
         Deposit pajak                         8.093.798.053                    -                              Tax deposits
   Entitas anak                                                                                                      Subsidiaries
      Pajak Penghasilan:                                                                                       Income Taxes:
         Pasal 4 (2)                              51.405.000            59.972.500                              Article 4 (2)
         Pasal 21                                 52.201.742                     -                                Article 21
         Pasal 23                                 27.635.621                     -                                Article 23
         Pajak Pertambahan Nilai               1.038.562.174         8.751.587.447                         Value Added Tax
   Total                                       9.803.477.732         9.311.536.403                                            Total


   Utang pajak terdiri dari:                                            Taxes payable consists of:
                                            31 Desember 2025/ 31 Desember 2024/
                                            December 31, 2025 December 31, 2024

   Perusahaan                                                                                                              Company
      Pajak Penghasilan:                                                                                         Income Taxes:
         Pasal 4 (2)                          10.894.281.951              725.912                                 Article 4 (2)
         Pasal 22                                 93.865.507                    -                                    Article 22
         Pasal 23                                128.683.588          128.027.645                                    Article 23
         Pasal 26                                105.089.546           19.704.232                                    Article 26
         Pajak Pertambahan Nilai - neto        3.596.723.982          612.213.977                   Value Added Tax - net
   Entitas anak                                                                                                        Subsidiaries
      Pajak Penghasilan:                                                                                         Income Taxes:
         Pasal 4 (2)                              38.212.716            13.913.468                                Article 4 (2)
         Pasal 21                              7.585.967.823           119.747.923                                   Article 21
         Pasal 22                                 71.893.987            53.391.998                                   Article 22
         Pasal 23                                196.842.595           120.910.355                                   Article 23
         Pasal 26                                369.578.719                     -                                   Article 26
         Pajak Pertambahan Nilai                 106.498.710           322.286.875                        Value Added Tax
         Goods and service tax                14.387.108.930        15.167.067.416                  Goods and service tax
         Pajak gaji - Australia                1.075.730.390         5.673.891.315                    Payroll tax - Australia
         Utang pajak korporat - Australia     21.271.679.880        11.942.080.263          Corporate tax liability - Australia
        Total                                 59.922.158.324        34.173.961.379                                            Total




                                                               84
Page 372
                                                                     The original consolidated financial statements included herein
                                                                                                       are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                  PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                    AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                 NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                  FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                          As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                    and for the Year Then Ended
           (Disajikan dalam Rupiah,                                                (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                              Unless Otherwise Stated)


29. PERPAJAKAN (lanjutan)                                           29. TAXATION (continued)
   Rekonsiliasi antara rugi sebelum pajak penghasilan                    The reconciliation between loss before corporate
   badan seperti yang disajikan dalam laporan laba                       income tax as shown in the consolidated statement
   rugi   dan     penghasilan     komprehensif   lain                    of profit or loss and other comprehensive income
   konsolidasian dengan rugi pajak untuk tahun yang                      with tax loss for the years ended December 31,
   berakhir pada tanggal 31 Desember 2025 dan 2024                       2025 and 2024 are as follows:
   adalah sebagai berikut:

                                              Tahun yang Berakhir Pada
                                                Tanggal 31 Desember/
                                              Year Ended December 31,

                                                2025                   2024
   Rugi sebelum pajak penghasilan badan                                                                    Loss before corporate
      menurut laporan laba rugi dan                                                               income tax as shown in the
      rugi komprehensif lain                                                           consolidated statement of profit or loss
      konsolidasian                       (530.870.190.296)    (313.143.996.248)               and other comprehensive loss
   Dikurangi:                                                                                                              Deduct:
      Rugi entitas anak sebelum                                                                              Loss of subsidiaries
         pajak penghasilan                328.393.357.430          99.688.650.803                         before income tax
   Rugi sebelum pajak                                                                           Loss before corporate income tax
      penghasilan Perusahaan              (202.476.832.866)    (213.455.345.445)                             of the Company
   Beda temporer:                                                                                         Temporary differences:
      Provisi                               18.891.311.854          9.184.453.538                                     Provision
      Cadangan kerugian                                                                              Allowance for impairment
        penurunan nilai piutang             11.962.526.490           1.734.605.455                    losses on receivables
      Penurunan nilai persediaan             9.455.605.403           5.002.694.164                  Decline value of inventory
      Penyisihan imbalan kerja               3.250.338.738           4.501.856.137             Provision for employee benefits
      Aset hak-guna                            184.102.897              82.217.353                          Right-of-use assets
      Aset takberwujud                        (749.404.833)         (4.394.096.858)                           Intangible assets
      Aset tetap                            (2.489.833.643)         (2.478.439.701)                                 Fixed asset
   Beda temporer - neto                     40.504.646.906         13.633.290.088                    Net temporary differences

   Beda tetap:                                                                                           Permanent differences:
      Beban bunga                           60.282.796.520          72.712.278.638                          Interest expenses
      Promosi                                7.324.057.965           1.590.972.816                                  Promotion
      Representasi dan jamuan                5.484.864.892           5.685.913.956                Representation and entertain
      Denda pajak                            3.233.820.025             939.885.491                                Tax penalty
      Tunjangan karyawan                     1.816.428.774           1.249.716.130                              Benefit in kind
      Lain-lain                              1.496.649.340           2.824.461.328                                      Others
      Penghasilan keuangan                 (11.393.251.591)        (12.055.533.297)                           Finance income

   Beda tetap - neto                        68.245.365.925         72.947.695.062                    Net permanent differences
   Rugi pajak                              (93.726.820.035)    (126.874.360.295)                                        Tax loss


   Pada tanggal 31 Desember 2025 dan 2024,                               As of December 31, 2025 and 2024, the Company’s
   akumulasi rugi fiskal Perusahaan masing-masing                        accumulated tax losses is amounted to
   adalah     sebesar     Rp220.601.180.330        dan                   Rp220,601,180,330       and    Rp126,874,360,295,
   Rp126.874.360.295. Perusahaan tidak mengakui                          respectively. The Company did not recognize the
   aset pajak tangguhan atas rugi fiskal tersebut.                       deferred tax assets in respect of these losses.




                                                              85
Page 373
                                                                     The original consolidated financial statements included herein
                                                                                                       are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                  PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                    AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                 NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                  FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                          As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                    and for the Year Then Ended
           (Disajikan dalam Rupiah,                                                (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                              Unless Otherwise Stated)


29. PERPAJAKAN (lanjutan)                                           29. TAXATION (continued)

   Rincian beban pajak penghasilan - neto adalah                        The details of income tax expense - net are as
   sebagai berikut:                                                     follows:
                                               Tahun yang Berakhir pada
                                                 Tanggal 31 Desember/
                                               Year Ended December 31,

                                                2025                   2024
    Perusahaan                                                                                                     The Company
    Rugi kena pajak                        (93.726.820.035)    (126.874.360.295)                                        Tax loss
    Beban pajak penghasilan badan - kini                 -                        -                 Income tax expense - current
    Beban pajak atas koreksi pajak                                                                   Tax expense from corporate
      penghasilan badan                                                                                   income tax correction
      tahun sebelumnya                         (21.001.443)          (522.534.100)                      for previous fiscal year
    Manfaat (beban) pajak                                                                                              Income tax
      penghasilan - tangguhan                                                                     benefit (expense) - deferred
      Provisi                                4.156.088.608          2.020.579.778                                     Provision
      Penurunan nilai persediaan             2.080.233.189          1.100.592.716                   Decline value of inventory
      Penyisihan imbalan kerja                 715.074.522            990.408.350              Provision for employee benefits
      Cadangan kerugian                                                                              Allowance for impairment
        penurunan nilai piutang              2.631.755.828            381.613.200                     losses on receivables
      Aset hak-guna                             40.502.637             18.087.818                          Right-of-use assets
      Aset tetap                              (547.763.401)          (545.256.734)                                 Fixed asset
      Penyesuaian pajak tangguhan                        -           (558.210.201)                    Deferred tax adjustment
      Aset takberwujud                        (164.869.063)          (966.701.309)                            Intangible assets
    Manfaat pajak penghasilan                                                                      Deferred corporate income tax
      badan tangguhan - neto                 8.911.022.320          2.441.113.618                                benefit - net
    Manfaat (beban) pajak
      penghasilan - neto                                                                       Income tax benefit (expense) - net
      Perusahaan                             8.890.020.877           1.918.579.518                                  Company
      Entitas anak                         142.310.060.117         (19.020.948.850)                              Subsidiaries
    Manfaat (beban) pajak
      penghasilan - neto                   151.200.080.994         (17.102.369.332)          Income tax benefit (expense) - net


   Jumlah penghasilan kena pajak dan beban pajak                        The Company’s taxable income and current income
   penghasilan kini Perusahaan untuk tahun 2025                         tax expense for 2025, as stated in the preceding and
   seperti yang disebutkan di atas dan utang pajak                      succeeding disclosures, and the related income tax
   penghasilan    terkait akan    dilaporkan   oleh                     payables will be reported by the Company in its
   Perusahaan dalam Surat Pemberitahuan Tahunan                         2025 Annual Tax Return (“SPT”) to be submitted to
   (“SPT”) PPh badan tahun 2025 ke Kantor Pajak.                        the Tax Office.

   Jumlah penghasilan kena pajak dan beban pajak                        The Company’s taxable income and current income
   penghasilan kini Perusahaan untuk tahun 2024                         tax expense for 2024, as stated in the preceding and
   seperti yang disebutkan di atas dan utang pajak                      succeeding disclosures, and the related income tax
   penghasilan    terkait telah   dilaporkan   oleh                     payables have been reported by the Company in its
   Perusahaan dalam Surat Pemberitahuan Tahunan                         2024 Annual Tax Return (“SPT”) to be submitted to
   (“SPT”) PPh badan tahun 2024 ke Kantor Pajak.                        the Tax Office.




                                                              86
Page 374
                                                                     The original consolidated financial statements included herein
                                                                                                       are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                  PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                    AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                 NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                  FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                          As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                    and for the Year Then Ended
           (Disajikan dalam Rupiah,                                                (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                              Unless Otherwise Stated)


29. PERPAJAKAN (lanjutan)                                           29. TAXATION (continued)

   Perhitungan utang pajak penghasilan badan -                          The computation of corporate income tax payable -
   Pasal 29 adalah sebagai berikut:                                     Article 29 are as follows:

                                          31 Desember 2025/    31 Desember 2024/
                                          December 31, 2025    December 31, 2024
    Beban pajak penghasilan badan
      - tahun berjalan                                                                              Income tax expense - current
      Perusahaan                                          -                       -                             The Company
    Dikurangi pajak penghasilan
      dibayar di muka:                                                                        Less prepayments of income taxes:
      Perusahaan                                                                                               The Company
         Pasal 22                            (3.080.695.406)        (2.655.656.061)                               Article 22
         Pasal 23                            (1.376.724.869)        (1.330.656.992)                               Article 23
         Pasal 24                                         -                      -                                Article 24
         Pasal 25                                         -                      -                                Article 25
    Total pajak penghasilan
      dibayar di muka                        (4.457.420.275)        (3.986.313.053)           Total prepayments of income taxes
    Utang pajak penghasilan                                                                                   Income tax payable
        Pasal 29                                                                                                   Article 29
      Perusahaan                                          -                       -                             The Company
      Entitas anak                                        -                       -                              Subsidiaries
    Total utang pajak penghasilan badan                   -                       -      Total corporate income taxes payable


    Taksiran tagihan pajak penghasilan                                                            Estimated claims for tax refund
      Perusahaan                              8.422.734.066          5.514.353.432                                  Company
      Entitas anak                           41.340.064.735         19.450.640.508                               Subsidiaries
    Taksiran tagihan pajak                                                                      Consolidated estimated claims
      penghasilan konsolidasian              49.762.798.801         24.964.993.940                            for tax refund




                                                               87
Page 375
                                                                        The original consolidated financial statements included herein
                                                                                                          are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                     PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                       AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                    NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                     FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                             As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                       and for the Year Then Ended
           (Disajikan dalam Rupiah,                                                   (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                                 Unless Otherwise Stated)


29. PERPAJAKAN (lanjutan)                                              29. TAXATION (continued)

   Rekonsiliasi antara manfaat (beban) pajak                               The reconciliation between income tax benefit
   penghasilan yang dihitung dengan menggunakan                            (expense), calculated by applying the applicable tax
   tarif pajak yang berlaku atas rugi sebelum pajak                        rate to the loss before corporate income tax and
   penghasilan badan dan manfaat (beban) pajak                             income tax benefit (expense) as shown in the
   penghasilan seperti disajikan dalam laporan laba                        consolidated statement of profit or loss and other
   rugi    dan    penghasilan    komprehensif   lain                       comprehensive income are as follows:
   konsolidasian adalah sebagai berikut:

                                                   Tahun yang Berakhir pada
                                                     Tanggal 31 Desember/
                                                   Year Ended December 31,

                                                   2025                   2024
    Rugi sebelum pajak penghasilan badan                                                               Loss before corporate income
      menurut laporan laba rugi dan                                                             tax as shown in the consolidated
      penghasilan komprehensif lain                                                                     statement of profit or loss
      konsolidasian                          (530.870.190.296)    (313.143.996.248)            and other comprehensive income

    Beban pajak penghasilan dengan                                                               Income tax expense at applicable
      tarif pajak yang berlaku                116.791.441.865          68.891.679.175                                     tax rate
    Penyesuaian pajak tangguhan                94.314.364.818         (16.921.002.107)                       Deferred tax adjustment
    Perbedaan tarif pajak entitas anak                                                                           Tax rate differences
      luar negeri                              14.982.666.773          (1.702.435.273)                 from foreign subsidiaries
    Penghasilan yang telah dikenakan                                                                       Income already subjected
      pajak final                               2.538.926.390          2.665.151.013                                   to final tax
                                                                                                            Tax loss carrying forward
    Kompensasi rugi fiskal tahun sebelumnya               -            6.260.591.821                     from previous fiscal year
    Beban pajak atas koreksi pajak                                                          Tax expense from corporate income tax
      penghasilan badan tahun sebelumnya       (148.764.541)             (522.534.100)        correction for previous fiscal year
    Rugi fiskal tahun berjalan              (34.975.114.671)          (44.694.577.308)                             Current fiscal loss
    Beban yang tidak dapat dikurangkan
      untuk tujuan pajak                    (42.303.439.640)          (31.079.242.553)                     Non-deductible expenses

    Manfaat (beban)
      pajak penghasilan - neto                151.200.080.994         (17.102.369.332)          Income tax benefit (expense) - net


   Aset (liabilitas) pajak tangguhan pada tanggal                          The deferred tax assets (liabilities) as                 of
   31 Desember 2025 dan 2024 adalah sebagai                                December 31, 2025 and 2024 are as follows:
   berikut:
                                            31 Desember 2025/    31 Desember 2024/
                                            December 31, 2025    December 31, 2024
    Perusahaan                                                                                                           The Company
      Aset pajak tangguhan                                                                                      Deferred tax assets
        Provisi                                 9.997.691.815          5.841.603.207                                    Provision
        Liabilitas imbalan kerja karyawan       5.097.145.567          5.312.558.192           Liabilities for employee benefits
        Piutang                                 5.712.536.453          3.080.780.625                           Trade receivables
        Persediaan                              3.180.825.905          1.100.592.716                                  Inventories
        Aset hak-guna                             146.386.542            105.883.905                         Right-of-use assets
    Total                                      24.134.586.282         15.441.418.645                                            Total

    Perusahaan                                                                                                             Company
      Liabilitas pajak tangguhan                                                                           Deferred tax liabilities
         Aset tetap                            (4.126.554.964)         (3.578.791.563)                           Fixed assets
         Aset takberwujud                        (752.230.532)           (587.361.468)                       Intangible assets
         Perubahan nilai wajar investasi                                                               Changes in fair value of
            pada saham                         (3.210.235.229)          (582.782.499)                  investment in shares
    Total                                      (8.089.020.725)         (4.748.935.530)                                          Total




                                                                 88
Page 376
                                                                    The original consolidated financial statements included herein
                                                                                                      are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                 PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                   AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                 FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                         As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                   and for the Year Then Ended
           (Disajikan dalam Rupiah,                                               (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                             Unless Otherwise Stated)


29. PERPAJAKAN (lanjutan)                                          29. TAXATION (continued)

   Aset (liabilitas) pajak tangguhan pada tanggal                      The deferred tax assets (liabilities) as of
   31 Desember 2025 dan 2024 adalah sebagai                            December 31, 2025 and 2024 are as follows:
   berikut: (lanjutan)                                                 (continued)

                                         31 Desember 2025/    31 Desember 2024/
                                         December 31, 2025    December 31, 2024



    Aset pajak tangguhan - neto                                                                        Deferred tax assets - net
      Perusahaan                            16.045.565.557         10.692.483.115                                  Company
      Entitas anak                           6.045.826.061         38.795.316.755                               Subsidiaries
    Total aset pajak tangguhan - neto       22.091.391.618         49.487.799.870               Total deferred tax assets - net

    Liabilitas pajak tangguhan - neto                                                               Deferred tax liabilites - net
      Entitas anak                        (200.497.076.444)    (324.625.543.646)                               Subsidiaries


   Manajemen berkeyakinan bahwa aset pajak                              The management believes that the deferred tax
   tangguhan dapat dipulihkan kembali melalui                           assets can be fully recovered through future taxable
   penghasilan kena pajak di masa yang akan datang.                     income.

   Aturan Pajak Minimum Global (Global Anti-base                       The Global Anti-base Erosion Rule (“Pillar 2” model)
   Erosion Rule atau model “Pilar 2”) telah diadopsi di                were adopted in Indonesia at the end of 2024 and
   Indonesia pada akhir tahun 2024 dan berlaku mulai                   are applicable starting from January 1, 2025. The
   1 Januari 2025. Grup tidak termasuk dalam lingkup                   Group is not within the scope of Pillar 2 income tax.
   pajak penghasilan Pilar 2.

   Tidak terdapat konsekuensi pajak penghasilan atas                   There are no income tax consequences attached to
   pembayaran dividen oleh entitas-entitas anak                        the payment of dividend by the subsidiaries to the
   kepada Perusahaan dan Perusahaan bermaksud                          Company and the Company intends to hold the
   memegang investasi tersebut dalam jangka                            investment for long-term.
   panjang.

   Aset dan kewajiban pajak tangguhan telah dihitung                   Deferred tax assets and liabilities have been
   dengan menggunakan tarif pajak yang akan                            calculated using the applied tax rates at the time
   berlaku pada saat realisasi.                                        they realize.

   Surat Ketetapan Pajak                                                Tax Assessment Letters

   Perusahaan                                                           The Company

   Pada tanggal 22 Desember 2025, Perusahaan                            On December 22, 2025, the Company received Tax
   menerima Surat Ketetapan Pajak Lebih Bayar                           Assessment Letter for Tax Overpayment (“SKPLB”)
   (“SKPLB”) untuk tahun fiskal 2024 sebesar                            for Corporate Income Tax for fiscal year 2024 of
   Rp3.965.313.791 sehubungan dengan tagihan                            Rp3,965,313,791 related to the Company’s claim for
   pajak penghasilan badan Perusahaan untuk tahun                       tax refund for fiscal year 2024 of Rp3,986,313,053.
   fiskal 2024 sebesar Rp3.986.313.053. Selisih                         The difference between the Company’s claim for tax
   antara tagihan pajak penghasilan Perusahaan                          refund and SKPLB of Rp21,001,443 is charged to
   dengan SKPLB sebesar Rp21.001.443 diakui pada                        “Income Tax Expense - Net” in the consolidated
   “Beban Pajak Penghasilan - Neto” dalam laporan                       statement of profit or loss and other comprehensive
   laba rugi dan penghasilan komprehensif lain                          income for the year ended December 31, 2025.
   konsolidasian untuk tahun yang berakhir pada
   tanggal 31 Desember 2025.




                                                              89
Page 377
                                                             The original consolidated financial statements included herein
                                                                                               are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                          PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                            AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                         NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                          FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                  As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                            and for the Year Then Ended
           (Disajikan dalam Rupiah,                                        (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                      Unless Otherwise Stated)


29. PERPAJAKAN (lanjutan)                                    29. TAXATION (continued)

   Surat Ketetapan Pajak (lanjutan)                              Tax Assessment Letters (continued)

   Perusahaan (lanjutan)                                         The Company (continued)

   Pada tanggal 22 Desember 2025, Perusahaan                     On December 22, 2025, the Company received Tax
   menerima Surat Ketetapan Pajak Kurang Bayar                   Assessment Letter for Tax Underpayment
   (“SKPKB”) sehubungan dengan tagihan Pajak                     (“SKPKB”) related to the Company’s Income Tax
   Penghasilan Pasal 21 dan pajak penghasilan                    Article 21 and other income tax for fiscal year 2024,
   lainnya Perusahaan untuk tahun fiskal 2024 masing             amounted to Rp247,132,928 and Rp204,842,127,
   -    masing    sebesar     Rp247.132.928     dan              respectively. The expense of Rp451,975,055 is
   Rp204.842.127. Beban tagihan pajak sebesar                    recorded as part of “Other Expense - Net - Tax
   Rp451.975.055 dicatat sebagai bagian dari “Beban              Expenses” in the consolidated statement of profit or
   Lainnya - Neto - Beban Pajak” dalam laporan laba              loss and other comprehensive income for the year
   rugi   dan    penghasilan    komprehensif     lain            ended December 31, 2025.
   konsolidasian untuk tahun yang berakhir pada
   tanggal 31 Desember 2025.

   Entitas anak                                                  Subsidiary

   Pada tanggal 31 Desember 2025, Holi menerima                  On December 31, 2025, Holi received Tax
   Surat Ketetapan Pajak Kurang Bayar (“SKPKB”)                  Assessment Letter for Tax Underpayment
   sehubungan dengan tagihan Pajak Pertambahan                   (“SKPKB”) related to the Holi’s Value-Added Tax
   Nilai dan pajak penghasilan lainnya Holi untuk                and other income tax for fiscal year 2021,
   tahun fiskal 2021 masing - masing sebesar                     amounting to Rp205,830,657 and Rp207,173,734
   Rp205.830.657 dan Rp207.173.734. Beban                        respectively. The expense of Rp413,004,391 is
   tagihan pajak sebesar Rp413.004.391 dicatat                   recorded as part of “Other Expense - Net - Tax
   sebagai bagian dari “Beban Lainnya - Neto - Beban             Expenses” in the consolidated statement of profit or
   Pajak” dalam laporan laba rugi dan penghasilan                loss and other comprehensive income for the year
   komprehensif lain konsolidasian untuk tahun yang              ended December 31, 2025.
   berakhir pada tanggal 31 Desember 2025.




                                                        90
Page 378
                                                                      The original consolidated financial statements included herein
                                                                                                        are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                   PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                     AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                  NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                   FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                           As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                     and for the Year Then Ended
           (Disajikan dalam Rupiah,                                                 (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                               Unless Otherwise Stated)


30. SEGMEN OPERASI                                                    30. OPERATING SEGMENTS
   Sesuai dengan PSAK 108, “Segmen Operasi”                                In accordance with PSAK 108, “Operating
   informasi segmen berikut ini dilaporkan berdasarkan                     Segments”, the following segment information is
   informasi yang digunakan oleh manajemen untuk                           prepared based on the information used by
   mengevaluasi kinerja setiap segmen dan                                  management in evaluating the performance of each
   menentukan alokasi sumber daya.                                         business segment and in determining the allocation
                                                                           of resources.
                                     Tahun yang Berakhir pada Tanggal 31 Desember 2025/
                                               Year Ended December 31, 2025

                                   Produk farmasi,
                                   kecantikan, dan
                                  jasa manufaktur/
                                   Pharmaceutical
                                       products,
                                     esthetic and       Produk alat
                                     toll products      kesehatan/
                                           and            Medical
                                    manufacturing       equipment
                                       services          products              Total/Total

   Pendapatan neto                2.752.918.783.680       7.503.267.635     2.760.422.051.315                             Net revenues
   Beban pokok penjualan         (2.172.569.156.866)     (4.708.382.352)   (2.177.277.539.218)                       Cost of goods sold

   Laba bruto                      580.349.626.814        2.794.885.283      583.144.512.097                                Gross profit

   Beban penjualan dan
     pemasaran                    (283.800.469.709)      (3.020.953.556)     (286.821.423.265)          Selling and marketing expenses
                                                                                                              General and administrative
   Beban umum dan administrasi    (452.648.513.450)      (2.848.020.509)     (455.496.533.959)                               expenses
   Penghasilan keuangan                                                        12.230.132.475                           Finance income
   Beban keuangan                                                            (325.900.401.253)                             Finance cost
   Pendapatan lain-lain - neto                                                (58.026.476.391)                       Other income - net

   Rugi sebelum pajak                                                        (530.870.190.296)                         Loss before tax
   Beban pajak penghasilan                                                    151.200.080.994                     Income tax expenses

   Rugi tahun berjalan                                                       (379.670.109.302)                       Loss for the year
   Rugi komprehensif lain                                                     107.116.750.966                Other comprehensive loss

   Total rugi komprehensif                                                                                    Total comprehensive loss
     pada tahun berjalan                                                    (272.553.358.336)                            for the year

   Aset dan Liabilitas                                                                                            Assets and Liabilities
   Total aset                    6.765.565.502.184        5.564.912.969     6.771.130.415.153                             Total assets

   Total liabilitas              5.785.216.449.060          732.484.631     5.785.948.933.691                           Total liabilities

   Informasi segmen lainnya:                                                                                Other segment information:
   Pengeluaran modal                                                         993.105.865.472                       Capital expenditures
   Penyusutan dan amortisasi                                                 292.698.158.279              Depreciation and amortization




                                                                91
Page 379
                                                                             The original consolidated financial statements included herein
                                                                                                               are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                           PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                             AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                          NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                           FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                   As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                             and for the Year Then Ended
           (Disajikan dalam Rupiah,                                                         (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                                       Unless Otherwise Stated)


30. SEGMEN OPERASI (lanjutan)                                                30. OPERATING SEGMENTS (continued)

   Sesuai dengan PSAK 108, “Segmen Operasi”                                       In accordance with PSAK 108, “Operating
   informasi segmen berikut ini dilaporkan berdasarkan                            Segments”, the following segment information is
   informasi yang digunakan oleh manajemen untuk                                  prepared based on the information used by
   mengevaluasi kinerja setiap segmen dan                                         management in evaluating the performance of each
   menentukan alokasi sumber daya. (lanjutan)                                     business segment and in determining the allocation
                                                                                  of resources. (continued)
                                      Tahun yang Berakhir pada Tanggal 31 Desember 2024/
                                                Year Ended December 31, 2024

                                    Produk farmasi,
                                    kecantikan, dan
                                   jasa manufaktur/
                                    Pharmaceutical
                                        products,
                                      esthetic and             Produk alat
                                      toll products            kesehatan/
                                            and                  Medical
                                     manufacturing             equipment
                                        services                products               Total/Total

    Pendapatan neto                1.911.772.298.017             9.039.534.570     1.920.811.832.587                             Net revenues
    Beban pokok penjualan         (1.379.418.610.492)           (4.913.679.833)   (1.384.332.290.325)                       Cost of goods sold

    Laba bruto                      532.353.687.525             4.125.854.737       536.479.542.262                                Gross profit

    Beban penjualan dan
      pemasaran                    (276.072.451.585)            (3.843.422.075)     (279.915.873.660)          Selling and marketing expenses
                                                                                                                     General and administrative
    Beban umum dan administrasi    (269.473.269.054)            (3.425.318.388)     (272.898.587.442)                              expenses
    Penghasilan keuangan                                                              19.715.499.892                           Finance income
    Beban keuangan                                                                  (225.980.431.338)                             Finance cost
    Pendapatan lain-lain - neto                                                      (90.544.145.962)                       Other income - net

    Rugi sebelum pajak                                                              (313.143.996.248)                         Loss before tax
    Beban pajak penghasilan                                                          (17.102.369.332)                    Income tax expenses

    Rugi tahun berjalan                                                             (330.246.365.580)                       Loss for the year
    Rugi komprehensif lain                                                           (57.428.733.801)               Other comprehensive loss

    Total rugi komprehensif                                                                                          Total comprehensive loss
      pada tahun berjalan                                                           (387.675.099.381)                           for the year

    Aset dan Liabilitas                                                                                                  Assets and Liabilities
    Total aset                    5.779.816.980.450            11.966.873.570      5.791.783.854.020                             Total assets

    Total liabilitas              4.752.470.286.940                68.433.881      4.752.538.720.821                           Total liabilities

    Informasi segmen lainnya:                                                                                      Other segment information:
    Pengeluaran modal                                                               233.074.767.693                       Capital expenditures
    Penyusutan dan amortisasi                                                       179.252.214.476              Depreciation and amortization

   Informasi mengenai segmen operasi Grup                                         Information about the Group’s operating segments
   berdasarkan wilayah geografis adalah sebagai                                   by geographical location is as follows:
   berikut:
                                                       Tahun yang Berakhir pada
                                                         Tanggal 31 Desember/
                                                       Year Ended December 31

                                                        2025                    2024
    Pendapatan neto                                                                                                           Net revenues
    Australia                                   2.026.542.810.510          1.159.383.617.790                                       Australia
    Indonesia                                     728.706.095.398            756.675.944.950                                      Indonesia
    Filipina                                        3.737.304.121              4.752.269.847                                     Philippines
    Singapura                                       1.319.381.526                          -                                      Singapore
    India                                             116.459.760                          -                                           India

    Total pendapatan neto                       2.760.422.051.315          1.920.811.832.587                            Total net revenues



                                                                      92
Page 380
                                                                The original consolidated financial statements included herein
                                                                                                  are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                             PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                               AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                            NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                             FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
           (Disajikan dalam Rupiah,                                           (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                         Unless Otherwise Stated)


31. TUJUAN DAN KEBIJAKAN RISIKO KEUANGAN                        31. FINANCIAL RISK MANAGEMENT OBJECTIVE
    MANAJEMEN KEUANGAN                                              AND POLICIES

   Instrumen keuangan pokok Grup terdiri dari kas dan              The Group’s main financial instruments comprise of
   setara kas, piutang usaha, piutang lain-lain,                   cash and cash equivalents, trade receivables, other
   investasi, piutang karyawan, utang bank - jangka                receivables, investment in shares, employee
   pendek, utang usaha, utang lain-lain, liabilitas                receivables, short-term bank loans, trade payables,
   imbalan kerja karyawan jangka pendek, beban                     other payables, short-term employee benefits
   akrual, dan liabilitas sewa.                                    liability, accrued expenses, and leases liabilities.

   a.   Manajemen Risiko                                           a.    Risk Management

        Grup terpengaruh terhadap risiko pasar, risiko                  The Group is exposed to market risk, credit risk
        kredit dan risiko likuiditas. Kepentingan untuk                 and liquidity risk. Interest to manage any kind of
        mengelola risiko-risiko tersebut telah meningkat                risks has been significantly increased by
        secara signifikan dengan mempertimbangkan                       considering the volatility of financial market
        volatilitas pasar keuangan di pasar Indonesia                   both, in Indonesia and international market. The
        maupun internasional. Manajemen senior Grup                     Group’s senior management reviews and
        menelaah       dan      menyetujui     kebijakan                agrees policies for managing each of these
        pengelolaan risiko sebagaimana dirangkum di                     risks which are summarized below:
        bawah ini:

        Risiko pasar                                                    Market Risk

        Risiko pasar adalah risiko nilai wajar arus kas                 Market risk is the risk that the fair value of future
        masa depan suatu instrumen keuangan akan                        cash flows of a financial instrument will fluctuate
        berfluktuasi karena perubahan harga pasar.                      because of changes in market prices. Market
        Harga pasar mengandung dua tipe risiko: risiko                  prices comprise two type of risk: interest rate
        tingkat suku bunga dan risiko nilai tukar mata                  risk and foreign currency risk. Financial
        uang asing. Instrumen keuangan yang                             instruments affected by market risk include
        terpengaruh oleh risiko pasar termasuk kas dan                  cash and cash equivalents, short-term bank
        setara kas, utang bank - jangka pendek, utang                   loans, other payables and long-term bank
        lain-lain dan utang bank - jangka panjang.                      loans.

        Risiko tingkat suku bunga                                       Interest rate risk

        Risiko tingkat suku bunga adalah risiko di mana                 Interest rate risk is the risk that the fair value of
        nilai wajar arus kas di masa depan akan                         future cash flows of a financial instrument will
        berfluktuasi karena perubahan tingkat suku                      fluctuate because of changes in market interest
        bunga pasar. Grup terpengaruh risiko                            rate. The Group’s exposure to the risk of
        perubahan suku bunga pasar terutama terkait                     changes in market interest rates is related
        dengan utang bank - jangka pendek dengan                        primarily to the Group’s short-term bank loan
        suku bunga mengambang yang dimiliki Grup.                       with floating interest rates. The Group manages
        Grup mengelola risiko ini dengan melakukan                      this risk by entering into loan agreements with
        pinjaman dari bank yang dapat memberikan                        banks which gives lower interest rate than other
        tingkat suku bunga yang lebih rendah dari bank                  bank.
        lain.




                                                           93
Page 381
                                                                    The original consolidated financial statements included herein
                                                                                                      are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                 PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                   AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                 FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                         As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                   and for the Year Then Ended
           (Disajikan dalam Rupiah,                                               (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                             Unless Otherwise Stated)


31. TUJUAN DAN KEBIJAKAN RISIKO KEUANGAN                           31. FINANCIAL RISK MANAGEMENT OBJECTIVE
    MANAJEMEN KEUANGAN (LANJUTAN)                                      AND POLICIES (CONTINUED)
   a.   Manajemen Risiko (lanjutan)                                    a.   Risk Management (continued)
        Risiko tingkat suku bunga (lanjutan)                                Interest rate risk (continued)
        Tabel berikut ini menunjukan sensitivitas                            The following table demonstrates the sensitivity
        kemungkinan perubahan tingkat suku bunga                             to a reasonably possible change in interest
        pinjaman. Dengan asumsi variabel lain konstan,                       rates on that portion of loans. With all other
        laba sebelum beban pajak dipengaruhi oleh                            variables held constant, the income before tax
        tingkat suku bunga mengambang sebagai                                expenses is affected through the impact on
        berikut:                                                             floating rates on loans as follows:
                                             Kenaikan/
                                             penurunan                  Dampak
                                                dalam                  terhadap
                                            satuan poin/             laba sebelum
                                              Increase/              beban pajak/
                                              decrease              Effect on profit
                                           in basis point         before tax expenses
        31 Desember 2025                                                                                     December 31, 2025
           Rupiah                                    + 100             (48.414.061.443)                               Rupiah
           Rupiah                                    - 100              48.414.061.443                                Rupiah

        31 Desember 2024                                                                                     December 31, 2024
           Rupiah                                     +100              (38.669.772.253)                              Rupiah
           Rupiah                                     -100               38.669.772.253                               Rupiah

        Risiko nilai tukar mata uang asing                                  Foreign exchange rate risk
        Risiko mata uang asing adalah risiko nilai wajar                    Foreign currency risk is the risk that the fair value
        arus kas di masa depan yang berfluktuasi                            or future cash flows of a financial instrument will
        karena perubahan kurs pertukaran mata uang                          fluctuate because of changes in foreign
        asing. Grup tidak memiliki risiko perubahan                         exchanges rates. The Group does not have
        mata uang asing yang signifikan karena entitas                      significant exposures to the risk of changes in
        - entitas dalam Grup melakukan transaksi yang                       foreign exchange because entities within the
        sebagian      besar   dalam     mata       uang                     Group conduct transactions which are mostly in
        fungsionalnya masing-masing.                                        each respective functional currency.
        Risiko kredit                                                       Credit risk

        Risiko kredit adalah risiko dimana pihak lawan                      Credit risk is the risk that a counterparty to a
        transaksi gagal memenuhi kewajibannya                               financial instrument will fail to discharge its
        berdasarkan     instrumen      keuangan    dan                      obligation and will result in a financial loss to the
        menyebabkan kerugian keuangan. Grup                                 other party. The Group are exposed to credit risk
        terkena risiko ini dari kredit yang diberikan                       arising from the credit granted to its customers.
        kepada pelanggan.

        Grup hanya melakukan transaksi dengan pihak-                        The Group only trade with recognized and
        pihak yang diakui dan dapat dipercaya. Hal ini                      creditworthy parties. It is the Group’s policy that
        merupakan kebijakan Grup dimana semua                               all customers who wish to trade on credit terms
        pelanggan yang akan melakukan pembelian                             are subject to credit verification procedures. In
        secara kredit harus melalui prosedur verifikasi                     addition, receivable balances are monitored on
        kredit. Selain itu, posisi piutang pelanggan                        an ongoing basis to reduce the exposure to bad
        dipantau     secara   terus-menerus     untuk                       debts.
        mengurangi kemungkinan piutang yang tidak
        tertagih.




                                                             94
Page 382
                                                                 The original consolidated financial statements included herein
                                                                                                   are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                              PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                             NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                              FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                      As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                and for the Year Then Ended
           (Disajikan dalam Rupiah,                                            (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                          Unless Otherwise Stated)


31. TUJUAN DAN KEBIJAKAN RISIKO KEUANGAN                        31. FINANCIAL RISK MANAGEMENT OBJECTIVE
    MANAJEMEN KEUANGAN (LANJUTAN)                                   AND POLICIES (CONTINUED)

   a. Manajemen Risiko (lanjutan)                                   a. Risk Management (continued)

       Risiko kredit                                                    Credit risk

       Selain dari pengungkapan di bawah ini, Grup                      Other than as disclosed below, the Group have
       tidak memiliki konsentrasi risiko kredit.                        no concentration of credit risk.

       Kas dan setara kas                                               Cash and cash equivalents

       Risiko kredit atas penempatan rekening koran                     Credit risk arising from placements of current
       dikelola oleh manajemen sesuai dengan                            accounts are managed in accordance with the
       kebijakan Grup. Investasi atas kelebihan dana                    the Group’s policy. Investments of surplus fund
       dibatasi untuk tiap-tiap bank dan kebijakan ini                  are limited for each banks and reviewed annually
       dievaluasi setiap tahun oleh Direksi. Batas                      by the Board of Directors. Such limited are set to
       tersebut diterapkan untuk meminimalkan risiko                    minimize the concentration of credit risk and
       konsentrasi kredit sehingga mengurangi                           therefore mitigate financial loss through potential
       kemungkinan kerugian akibat kebangkrutan                         failure of the banks.
       bank-bank tersebut.

       Piutang usaha                                                    Trade receivables

       Risiko kredit adalah risiko bahwa Grup akan                      Credit risk is the risk that the Group will incur a
       mengalami kerugian yang timbul dari                              loss arising from its customers, clients or
       pelanggan, klien atau pihak lawan yang gagal                     counterparties that fail to discharge their
       memenuhi kewajiban kontraktual mereka. Tidak                     contractual obligations. There are no significant
       ada risiko kredit yang terpusat secara                           concentrations of credit risk. The Group manage
       signifikan. Grup mengelola dan mengendalikan                     and control this credit risk by setting limits on the
       risiko kredit dengan menetapkan batasan                          amount of risk it is willing to accept for individual
       jumlah risiko yang dapat diterima untuk                          customers and by monitoring exposures in
       pelanggan individu dan memantau eksposur                         relation to such limits.
       terkait dengan batasan-batasan tersebut.

       Manajemen Grup menerapkan peninjauan                             The Group management applies periodically
       secara berkala pada umur piutang dan                             trade receivables aging review and collection to
       penagihan untuk membatasi risiko kredit.                         eliminate its credit risk.

       Tabel    dibawah    menunjukkan       eksposur                   The table below summarise the maximum
       maksimum risiko kredit dari piutang usaha pada                   exposure to credit risk for from trade receivables
       tanggal 31 Desember 2025 dan 2024:                               as of December 31, 2025 and 2024:

                                             31 Desember/December 31,

                                              2025                  2024

       Belum jatuh tempo dan tidak
         mengalami penurunan nilai       543.880.370.654    487.692.963.222                     Neither past due not impaired
       Telah jatuh tempo dan tidak
         mengalami penurunan nilai       211.808.351.746    157.702.603.979                        Past due but not impaired
       Mengalami penurunan nilai
         (Catatan 5)                      30.848.252.101        23.054.954.215                              Impaired (Note 5)

       Total                             786.536.974.501    668.450.521.416                                             Total




                                                           95
Page 383
                                                                The original consolidated financial statements included herein
                                                                                                  are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                             PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                               AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                            NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                             FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
           (Disajikan dalam Rupiah,                                           (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                         Unless Otherwise Stated)


31. TUJUAN DAN KEBIJAKAN RISIKO KEUANGAN                        31. FINANCIAL RISK MANAGEMENT OBJECTIVE
    MANAJEMEN KEUANGAN (LANJUTAN)                                   AND POLICIES (CONTINUED)

   a.   Manajemen Risiko (lanjutan)                                a. Risk Management (continued)

        Risiko likuiditas                                               Liquidity risk

        Manajemen risiko likuiditas yang hati-hati                      Prudent liquidity risk management implies
        berarti mempertahankan kas dan setara kas                       maintaining sufficient cash and cash
        yang memadai untuk mendukung kegiatan                           equivalents to support business activities on a
        bisnis secara tepat waktu. Grup menjaga                         timely basis. The Group maintains a balance
        keseimbangan          antara    kesinambungan                   between continuity of accounts receivable
        pendanaan modal dan mengelola pinjaman                          collections and flexibility through the use of
        yang jatuh tempo dengan mengatur kas dan                        bank loans in order to manage liquidity risk. The
        ketersediaan pendanaan melalui sejumlah                         Group regularly evaluates cash flow projections
        fasilitas kredit yang cukup. Grup secara berkala                and continuously asseses the financial market
        mengevaluasi proyeksi arus kas dan terus                        condition including bank loans and capital
        menerus menilai kondisi pasar keuangan                          market issues.
        termasuk utang bank dan isu pasar modal.

        Grup     memiliki   pengaturan     pembiayaan                   The Group has a supplier finance arrangement
        pemasok yang ditawarkan kepada beberapa                         that is offered to some of their suppliers.
        pemasok Grup. Partisipasi dalam pengaturan                      Participation in the arrangement is at the
        ini adalah atas kebijakan pemasok itu sendiri.                  suppliers' own discretion. Suppliers that
        Pemasok       yang     berpartisipasi   dalam                   participate in the arrangement will receive early
        pengaturan ini akan menerima pembayaran                         payment on invoices sent to the Group from the
        lebih awal atas faktur yang dikirimkan kepada                   Group's external finance provider.
        Grup dari penyedia pembiayaan eksternal
        Grup.

        Jika pemasok memilih untuk menerima                             If suppliers choose to receive early payment,
        pembayaran lebih awal, mereka akan                              they will pay a fee directly to the external
        membayar biaya langsung kepada penyedia                         finance provider. In order for the finance
        pembiayaan      eksternal.   Agar     penyedia                  provider to pay the invoices, the goods must
        pembiayaan dapat melakukan pembayaran                           have been received or supplied and the
        faktur, barang harus sudah diterima atau                        invoices approved by the Group. Payments to
        disuplai dan faktur harus disetujui oleh Grup.                  suppliers ahead of the invoice due date are
        Pembayaran kepada pemasok sebelum                               processed by the finance provider and, in all
        tanggal jatuh tempo faktur diproses oleh                        cases, the Group settles the original invoice by
        penyedia pembiayaan dan, dalam semua                            paying the finance provider in line with the
        kasus, Grup menyelesaikan faktur asli dengan                    original invoice maturity date. Payment terms
        membayar kepada penyedia pembiayaan                             with suppliers have not been renegotiated in
        sesuai dengan tanggal jatuh tempo faktur asli.                  conjunction with the arrangement.
        Ketentuan pembayaran dengan pemasok tidak
        dinegosiasikan ulang sehubungan dengan
        pengaturan ini.

        Grup tidak memberikan jaminan kepada                            The Group provides no security to the finance
        penyedia pembiayaan. Semua utang usaha                          provider. All trade payables subject to the
        yang tunduk pada pengaturan ini termasuk                        arrangement are included in trade payables in
        dalam utang usaha dalam laporan posisi                          the consolidated statement of financial position.
        keuangan      konsolidasian.      Ketentuan                     The Group's payment terms for trade payables
        pembayaran Grup untuk utang dagang yang                         covered by the arrangement are identical to the
        dicakup oleh pengaturan ini identik dengan                      payment terms for other trade payables.
        ketentuan pembayaran untuk utang usaha
        lainnya.




                                                           96
Page 384
                                                                                     The original consolidated financial statements included herein
                                                                                                                       are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                                      PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                                        AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                                     NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                                      FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                              As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                                        and for the Year Then Ended
           (Disajikan dalam Rupiah,                                                                    (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                                                  Unless Otherwise Stated)


31. TUJUAN DAN KEBIJAKAN RISIKO KEUANGAN                                             31. FINANCIAL RISK MANAGEMENT OBJECTIVE
    MANAJEMEN KEUANGAN (LANJUTAN)                                                        AND POLICIES (CONTINUED)

   a.   Manajemen Risiko (lanjutan)                                                       a.      Risk Management (continued)

        Risiko likuiditas (lanjutan)                                                              Liquidity risk (continued)

        Manajemen tidak menganggap pengaturan                                                     Management         does     not    consider   the
        tersebut memiliki dampak pada risiko likuiditas                                           arrangement to have any impact on the Group's
        Grup, karena pengaturan ini dimaksudkan                                                   liquidity risk, because the arrangement is
        untuk memberikan opsi bagi pemasok yang                                                   intended to provide options for the supplier who
        ingin menerima pembayaran lebih awal dan                                                  seek to receive early payment and does not
        tidak mempengaruhi syarat pembayaran Grup.                                                impact the Group's term of payment. Cash
        Arus kas yang terkait dengan kewajiban yang                                               flows related to liabilities arising from supplier
        timbul dari pengaturan pembiayaan pemasok                                                 finance arrangements that are classified in
        yang diklasifikasikan dalam utang usaha dalam                                             trade payables in the consolidated statement of
        laporan    posisi    keuangan    konsolidasian                                            financial position are included in operating
        termasuk dalam aktivitas operasi dalam laporan                                            activities in the consolidated statement of cash
        arus kas konsolidasian.                                                                   flows.

        Berdasarkan analisa manajemen, Grup                                                       Based on management analysis, the Group
        berkeyakinan tidak terdapat kejadian yang                                                 believes that there is no event affecting the
        dapat mempengaruhi kecukupan modal kerja                                                  adequacy of working capital for the next year.
        selama 1 tahun ke depan.

        Tabel berikut ini menunjukkan profil jangka                                               The table below summarizes the maturity profile
        waktu pembayaran liabilitas Grup berdasarkan                                              of the Group’s financial liabilities based on
        pembayaran dalam kontrak:                                                                 contractual payments:
                                                             31 Desember 2025/December 31, 2025

                                            < 1 tahun/           1 - 3 tahun/        > 3 tahun/            Total/
                                             < 1 year             1 - 3 year          > 3 year             Total

        Liabilitas                                                                                                                                Liabilities
        Utang bank jangka pendek          189.736.565.637                    -                    -     189.736.565.637             Short-term bank loans
        Utang usaha - pihak ketiga        292.766.614.015                    -                    -     292.766.614.015       Trade payables - third parties
        Utang lain-lain - pihak ketiga     68.597.149.892                    -                    -      68.597.149.892       Other payables - third parties
        Beban akrual                      136.990.159.090                    -                    -     136.990.159.090                 Accrued expenses
        Utang bank jangka panjang         184.862.125.758      116.702.350.000    1.924.918.605.975   2.226.483.081.733              Long-term bank loans
        Liabilitas sewa                    74.081.337.265      241.372.025.362      892.349.801.008   1.207.803.163.635                    Lease liabilities
        Utang obligasi                                  -      817.500.000.000      399.833.333.333   1.217.383.333.333                    Bonds payable

        Total                             947.033.951.657     1.175.574.375.362   3.217.101.740.316   5.339.760.067.335                               Total


                                                             31 Desember 2024/December 31, 2024

                                            < 1 tahun/           1 - 3 tahun/        > 3 tahun/            Total/
                                             < 1 year             1 - 3 year          > 3 year             Total

        Liabilitas                                                                                                                                Liabilities
        Utang bank jangka pendek          209.231.706.661                    -                    -     209.231.706.661             Short-term bank loans
        Utang usaha - Pihak ketiga        239.664.706.352                    -                    -     239.664.706.352      Trade payables - Third parties
        Utang lain-lain - Pihak ketiga     46.125.226.081                    -                    -      46.125.226.081      Other payables - Third parties
        Beban akrual                       82.109.953.670                    -                    -      82.109.953.670                Accrued expenses
        Utang bank jangka panjang          15.743.220.000      615.615.080.000    1.408.127.993.022   2.039.486.293.022             Long-term bank loans
        Liabilitas sewa                    49.020.605.809      173.503.546.239      199.326.740.234     421.850.892.282                    Lease liabilities
        Utang obligasi                    398.875.000.000      797.533.333.330                    -   1.196.408.333.330                    Bonds payable

        Total                            1.040.770.418.573    1.586.651.959.569   1.607.454.733.256   4.234.877.111.398                               Total




                                                                                97
Page 385
                                                                  The original consolidated financial statements included herein
                                                                                                    are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                               PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                              NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                               FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                 and for the Year Then Ended
           (Disajikan dalam Rupiah,                                             (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


31. TUJUAN DAN KEBIJAKAN RISIKO KEUANGAN                          31. FINANCIAL RISK MANAGEMENT OBJECTIVE
    MANAJEMEN KEUANGAN (LANJUTAN)                                     AND POLICIES (CONTINUED)

   b. Manajemen Modal                                                b.   Capital Management

       Tujuan utama pengelolaan modal Grup adalah                         The primary objective of the Group’s capital
       untuk memastikan pemeliharaan rasio modal                          management is to ensure that it maintains
       yang sehat untuk mendukung usaha,                                  healthy capital ratios in order to support its
       pemeringkat pinjaman yang kuat dan                                 business, credible facility credit leverage and
       memaksimalkan imbalan bagi pemegang                                maximize shareholder value.
       saham.

       Berdasarkan perjanjian pinjaman, Grup                              Based on loan agreements, the Group is
       disyaratkan      untuk    memelihara   tingkat                     required to fulfill a particular level of capital.
       permodalan tertentu oleh perjanjian pinjaman.                      This external requirement on capital has been
       Persyaratan permodalan eksternal tersebut                          fulfilled by the Group as of December 31, 2025
       telah dipenuhi oleh Grup pada tanggal                              and 2024. In addition, effective on August 16,
       31 Desember 2025 dan 2024. Selain itu, Grup                        2007, the Group is required by Law No. 40
       juga telah disyaratkan oleh Undang-undang No.                      (2007) regarding Public Company, to allocate
       40 tahun 2007 tentang Perseroan Terbatas,                          not more than 20% all Company’s issued and
       efektif sejak tanggal 16 Agustus 2007, untuk                       paid-up capital shares to undistributed general
       mengalokasikan sampai dengan 20% dari                              reserve. This externally imposed capital
       modal saham diterbitkan dan dibayar penuh ke                       requirements are considered during the
       dalam dana cadangan yang tidak boleh                               Group’s General Meeting.
       didistribusikan.    Persyaratan    permodalan
       eksternal tersebut dipertimbangkan oleh Grup
       pada Rapat Umum Pemegang Saham
       (“RUPS”).

      Grup mengelola struktur permodalan dan                              The Group manages its capital structure and
      melakukan     penyesuaian,      berdasarkan                         makes adjustments to it, in line of changes in
      perubahan kondisi ekonomi. Untuk memelihara                         economic conditions. To maintain or adjust
      dan menyesuaikan struktur permodalan, Grup                          the capital structure, the Group may adjust
      dapat menyesuaikan pembayaran dividen                               the dividend payment to shareholders, return
      kepada pemegang saham, imbalan modal                                capital to shareholders or issue new shares.
      kepada pemegang saham atau menerbitkan
      saham baru.

      Perhitungan rasio utang berbeban bunga                              The computation of interest-bearing debt to
      terhadap ekuitas (tidak diaudit) adalah sebagai                     equity ratio (unaudited) is as follows:
      berikut:

                                         31 Desember 2025/ 31 Desember 2024/
                                         December 31, 2025 December 31, 2024

       Pinjaman                          4.841.406.144.338 3.866.977.225.295                                          Debts
       Dikurangi:                                                                                                     Less:
           Kas dan setara kas            (101.787.779.226)    (351.857.263.467)                 Cash and cash equivalents

       Pinjaman - neto                   4.739.618.365.112 3.515.119.961.828                                        Net debts

       Ekuitas                            985.181.481.462    1.039.546.109.398                                          Equity

       Rasio utang yang berbeban bunga
           terhadap ekuitas                                                             Interest-bearing debt to equity ratio
          (tidak diaudit)                            4,81                  3,38                               (unaudited)




                                                             98
Page 386
                                                                                     The original consolidated financial statements included herein
                                                                                                                       are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                                    PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                                      AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                                   NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                                    FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                            As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                                      and for the Year Then Ended
           (Disajikan dalam Rupiah,                                                                  (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                                                Unless Otherwise Stated)


32. NILAI WAJAR INSTRUMEN KEUANGAN                                                 32. FAIR VALUE OF FINANCIAL INSTRUMENTS

   Perbandingan antara nilai tercatat dan nilai wajar                                     The comparison between carrying value and fair
   dari aset dan liabilitas keuangan Grup pada tanggal                                    value of the Group’s financial assets and liabilities
   31 Desember 2025 dan 2024 adalah sebagai                                               as of December 31, 2025 and 2024 is as follows:
   berikut:
                                                                  31 Desember/December 31,

                                                       2025                                          2024

                                        Nilai Tercatat/        Nilai Wajar/        Nilai Tercatat/          Nilai Wajar/
                                        Carrying Value         Fair Value          Carrying Value           Fair Value

   Aset Keuangan                                                                                                                        Financial Assets
   Kas dan setara kas                   101.787.779.226       101.787.779.226      351.857.263.467          351.857.263.467    Cash and cash equivalents
   Piutang usaha - neto                 755.688.722.400       755.688.722.400      645.395.567.201          645.395.567.201       Trade receivables - net
   Piutang lain-lain - neto               5.227.768.994         5.227.768.994        7.563.208.371            7.563.208.371        Other receivables - net
   Investasi saham                       88.518.351.880        88.518.351.880       77.003.875.760           77.003.875.760          Investment in shares
   Aset keuangan lancar lainnya           1.100.000.000         1.100.000.000        1.641.714.198            1.641.714.198   Other current financial asset

   Total Aset Keuangan                  952.322.622.500       952.322.622.500   1.083.461.628.997       1.083.461.628.997         Total Financial Assets


   Liabilitas Keuangan                                                                                                               Financial Liabilities
   Utang bank jangka pendek             189.736.565.637       189.736.565.637      209.231.706.661          209.231.706.661         Short-term bank loans
   Utang usaha - pihak ketiga           292.766.614.015       292.766.614.015      239.664.706.352          239.664.706.352                Trade payables
   Utang lain-lain - pihak ketiga        68.597.149.892        68.597.149.892       46.125.226.081           46.125.226.081                Other payables
   Beban akrual                         136.990.159.090       136.990.159.090       82.109.953.670           82.109.953.670            Accrued expenses
   Liabilitas imbalan kerja karyawan                                                                                                 Short-term employee
        jangka pendek                    139.005.188.891     139.005.188.891      127.335.014.707         127.335.014.707              benefit liabilities
   Utang bank jangka panjang           2.226.483.081.733   2.226.483.081.733    2.039.486.293.022       2.039.486.293.022           Long-term bank loans
   Liabilitas sewa                     1.207.803.163.635   1.207.803.163.635      421.850.892.282         421.850.892.282                  Lease liabilities
   Utang obligasi                      1.217.383.333.333   1.217.383.333.333    1.196.408.333.330       1.196.408.333.330                 Bonds payables

   Total Liabilitas Keuangan           5.478.765.256.226   5.478.765.256.226    4.362.212.126.105       4.362.212.126.105      Total Financial Liabilities



   Metode dan asumsi yang digunakan oleh Grup                                             The method and assumptions used by the Group to
   untuk mengestimasi nilai wajar instrumen keuangan                                      estimate the fair values of financial instruments are
   adalah sebagai berikut:                                                                as follows:

   -     Jumlah tercatat dari aset keuangan kurang                                        -     The carrying amounts of financial assets
         lebih sebesar nilai wajarnya karena instrumen                                          reasonably approximate their fair values
         keuangan tersebut sebagian besar berjangka                                             because they are mostly short-term in nature.
         pendek.

   -     Jumlah tercatat investasi saham diukur pada                                      -     Investment in shares is measured at its fair
         nilai wajarnya.                                                                        value.

   -     Jumlah tercatat utang bank jangka pendek,                                        -     The carrying amounts of short-term bank loan,
         utang usaha, utang lain-lain, liabilitas imbalan                                       trade payables, other payables short-term
         kerja karyawan jangka pendek dan beban                                                 employee benefits liability and accrued
         akrual mendekati nilai wajarnya karena jangka                                          expenses approximate their fair values due to
         waktu yang singkat atas instrumen keuangan                                             short-term nature of transactions.
         tersebut.

   -     Jumlah tercatat utang bank jangka panjang                                        -     The carrying amount of long-term bank loans
         mendekati nilai wajarnya karena dikenakan                                              approximates its fair value since it bears
         tingkat   bunga    mengambang,     dengan                                              floating interest rate, with repricing frequencies
         pembayaran yang secara berkala senantiasa                                              on a regular basis.
         disesuaikan.




                                                                              99
Page 387
                                                                              The original consolidated financial statements included herein
                                                                                                                are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                            PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                              AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                           NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                            FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                    As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                              and for the Year Then Ended
           (Disajikan dalam Rupiah,                                                          (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                                        Unless Otherwise Stated)


32. NILAI    WAJAR               INSTRUMEN        KEUANGAN                   32. FAIR VALUE OF FINANCIAL INSTRUMENTS
    (lanjutan)                                                                   (continued)

   Hierarki nilai wajar                                                           Fair value hierarchy

   Aset dan liabilitas keuangan diklasifikasikan secara                           Financial assets and liabilities are classified in their
   keseluruhan berdasarkan tingkat terendah dari                                  entirety based on the lowest level of input that is
   masukan yang signifikan terhadap pengukuran nilai                              significant to the fair value measurements. The
   wajar. Penilaian dampak signifikan dari suatu                                  assessment of the significance of a particular input
   masukan tertentu terhadap pengukuran nilai wajar                               to the fair value measurements requires judgment
   membutuhkan         pertimbangan       dan     dapat                           and may affect the valuation of the assets and
   mempengaruhi penilaian dari aset dan liabilitas yang                           liabilities being measured and their placement
   diukur dan penempatannya dalam hierarki nilai                                  within the fair value hierarchy.
   wajar.

   Hierarki nilai wajar Grup pada tanggal 31 Desember                             The Group’s fair value hierarchy as of December 31,
   2025 dan 2024 adalah sebagai berikut:                                          2025 and 2024 are as follows:
                                                        31 Desember 2025/December 31, 2025

                                         Total/            Level 1/           Level 2/          Level 3/
                                         Total             Level 1            Level 2           Level 3

    Investasi pada saham - FVOCI       88.518.351.880                  -                   -    88.518.351.880   Investments in shares - FVOCI

                                                        31 Desember 2024/December 31, 2024

                                         Total/            Level 1/           Level 2/          Level 3/
                                         Total             Level 1            Level 2           Level 3

    Investasi pada saham - FVOCI       77.003.875.760                  -                   -    77.003.875.760   Investments in shares - FVOCI


   Untuk tahun yang berakhir pada tanggal                                         For the years ended December 31, 2025 and
   31 Desember 2025 dan 2024, tidak terdapat                                      2024, there were no transfers between each
   pengalihan antar level atas pengukuran nilai                                   level of fair value measurement.
   wajar.


33. ASET DAN LIABILITAS DALAM MATA UANG                                      33. ASSETS AND LIABILITIES DENOMINATED IN
    ASING                                                                        FOREIGN CURRENCIES

   Pada tanggal 31 Desember 2025 dan 2024, Grup                                  As of December 31, 2025 and 2024, the Group’s
   memiliki aset dan liabilitas moneter yang signifikan                          have significant monetary assets and liabilities
   dalam mata uang asing sebagai berikut:                                        denominated in foreign currencies as follows:
                                             31 Desember 2025/                   31 Desember 2024/
                                             December 31, 2025                   December 31, 2024

                                      Dalam mata            Setara           Dalam mata          Setara
                                      uang asing/          Rupiah/           uang asing/        Rupiah/
                                       In foreign         Equivalent          In foreign       Equivalent
                                      currencies           Rupiah            currencies         Rupiah

    Aset                                                                                                                                    Assets
      Kas dan setara kas                                                                                            Cash and cash equivalents
         Dolar Amerika Serikat                 41.881        702.846.942            16.338         264.060.906         United States Dollar
         Dolar Singapura                        3.287         42.957.803             1.680          20.024.483            Singapore Dollar
         Dolar Australia                    2.928.153     32.956.362.015         5.645.840      56.920.677.737            Australian Dollar
      Piutang usaha                                                                                                         Trade Receivables
         Dolar Amerika Serikat               111.456       1.870.454.592                 -                   -         United States Dollar
         Dolar Singapura                       1.167          15.251.523                 -                   -            Singapore Dollar
         Dolar Australia                  41.658.103     468.861.949.265        39.966.265     402.935.087.778            Australian Dollar
      Piutang lain - lain                                                                                                   Other Receivables
         Dolar Amerika Serikat                 3.000          50.346.000                 -                   -         United States Dollar
         Dolar Singapura                         545           7.122.605                 -                   -            Singapore Dollar
         Dolar Australia                     200.851       2.260.578.005           449.557       4.532.379.727            Australian Dollar


    Total Aset                                           506.767.868.750                       464.672.230.631                        Total Assets




                                                                       100
Page 388
                                                                             The original consolidated financial statements included herein
                                                                                                               are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                            PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                              AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                           NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                            FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                    As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                              and for the Year Then Ended
           (Disajikan dalam Rupiah,                                                          (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                                        Unless Otherwise Stated)


33. ASET DAN LIABILITAS DALAM MATA UANG                                     33. ASSETS AND LIABILITIES DENOMINATED IN
    ASING (lanjutan)                                                            FOREIGN CURRENCIES (continued)

   Pada tanggal 31 Desember 2025 dan 2024, Grup                                 As of December 31, 2025 and 2024, the Group’s
   memiliki aset dan liabilitas moneter yang signifikan                         have significant monetary assets and liabilities
   dalam mata uang asing sebagai berikut: (lanjutan)                            denominated in foreign currencies as follows:
                                                                                (continued)
                                        31 Desember 2025/                       31 Desember 2024/
                                        December 31, 2025                       December 31, 2024

                                  Dalam mata              Setara            Dalam mata             Setara
                                  uang asing/            Rupiah/            uang asing/           Rupiah/
                                   In foreign           Equivalent           In foreign          Equivalent
                                  currencies             Rupiah             currencies            Rupiah

   Liabilitas                                                                                                                                 Liabilities
      Utang usaha                                                                                                                    Trade payables
          Dolar Amerika Serikat        (245.394)        (4.118.202.108)           (591.970)      (9.567.426.964)             United States Dollar
          Dolar Australia           (20.738.933)      (233.416.690.915)        (17.025.059)    (171.644.604.351)                Australian Dollar
          Euro Uni Eropa               (614.111)       (12.130.534.583)           (491.826)      (8.287.916.821)                  European Euro
      Utang lain - lain                                                                                                              Other payables
          Dolar Singapura                 (1.213)          (15.852.697)            (56.057)         (668.160.083)               Singapore Dollar
          Dolar Amerika Serikat         (235.101)       (3.945.464.982)                  -                     -             United States Dollar
          Dolar Australia               (853.792)       (9.609.428.960)           (720.757)       (7.266.582.155)               Australian Dollar
      Utang bank jangka panjang                                                                                               Long-term bank loans
          Dolar Australia          (175.750.000)    (1.978.040.766.250)       (211.031.194) (2.127.591.174.044)                     Australian Dollar
      Utang bank jangka pendek                                                                                                Short-term bank loans
          Dolar Australia           (25.140.435)      (282.951.950.562)                   -                    -                Australian Dollar

   Total Liabilitas                                 (2.524.228.891.057)                       (2.325.025.864.418)                        Total Liabilities

    (Liabilitas) aset neto                          (2.017.461.022.307)                       (1.860.353.633.787)                Net (liabilities) assets




   Apabila nilai tukar pada tanggal 31 Maret 2026                                Had the above foreign exchange rates prevailing on
   (tanggal    penyelesaian      laporan   keuangan                              March 31, 2026 (the completion date of the
   konsolidasian) digunakan untuk menyajikan kembali                             consolidated financial statements) been used to
   aset dan liabilitas moneter Grup dalam mata uang                              restate the balances of the Group’s foreign currency
   asing pada tanggal 31 Desember 2025, liabilitas                               denominated monetary assets and liabilities as of
   neto dalam mata uang asing di atas akan meningkat                             December 31, 2025, the above foreign currency
   sebesar Rp68.714.934.093.                                                     denominated net liabilities would have increased by
                                                                                 approximately Rp68,714,934,093.


34. RUGI PER SAHAM DASAR                                                    34. BASIC LOSS PER SHARE
   Rugi per saham dihitung dengan membagi laba                                   Loss per share is computed by dividing the profit for
   tahun berjalan yang dapat diatribusikan kepada                                the year attributable to owners of the parent
   pemilik entitas induk dengan jumlah rata-rata                                 company by the weighted-average number of
   tertimbang saham yang beredar selama tahun yang                               shares outstanding during the year.
   bersangkutan.
                                                      Tahun yang berakhir
                                                    pada tanggal 31 Desember
                                                    Year ended December 31,

                                                      2025                     2024
   Rugi tahun berjalan untuk                                                                                          Net loss for the computation
     perhitungan laba per saham dasar        (379.670.099.679)            (330.246.641.604)                         of basic earnings per share

   Rata-rata tertimbang saham                   11.236.686.084               8.488.181.746                   Weighted average number of share

   Rugi per saham dasar                                     (33,79)                   (38,91)                              Basic loss per share




                                                                      101
Page 389
                                                                   The original consolidated financial statements included herein
                                                                                                     are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                  AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                               NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                        As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                  and for the Year Then Ended
           (Disajikan dalam Rupiah,                                              (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                            Unless Otherwise Stated)


35. PERIKATAN PENTING                                              35. SIGNIFICANT COMMITMENTS

   a.   Perusahaan telah menandatangani Distribution                  a.   The Company has signed a Distribution
        Agreement dengan JMBIOTECH Corporation                             Agreement with JMBIOTECH Corporation
        Limited (“JMBIOTECH”) No. 01/20210823 pada                         Limited (“JMBIOTECH”) No. 01/20210823 on
        tanggal 14 September 2021, sebagaimana                             September 14, 2021, as amended by the
        diubah dengan Second Addendum to                                   Second Addendum to Distribution Agreement
        Distribution   Agreement   No.   002/PYFA-                         No. 002/PYFA-JMB/I/2024 dated January 1,
        JMB/I/2024, tanggal 1 Januari 2024 terkait                         2024 regarding the appointment of the
        penunjukan Perusahaan sebagai distributor                          Company as the exclusive distributor in
        eksklusif di Indonesia untuk produk-produk                         Indonesia for JMBIOTECH’s products. This
        JMBIOTECH. Perjanjian ini berlaku untuk                            agreement is valid for a period of 5 (five) years.
        periode 5 (lima) tahun.

   b.   Pada tanggal 16 Juli 2023, Perusahaan dan                     b.   As at July 16, 2023, the Company and ETHICA
        ETHICA, entitas anak telah menunjuk PT Penta                       have appointed PT Penta Valent Tbk as a
        Valent Tbk untuk mendistribusikan produk-                          distributor for all product of of the Company and
        produk Grup di seluruh wilayah Indonesia.                          its subsidiaries throughout Indonesia. This
        Perjanjian ini berlaku untuk 2 (dua) tahun dan                     agreement valid for 2 (two) years and auto
        otomatis diperpanjang untuk periode berikutnya                     extended for following period if no notice of end-
        apabila tidak ada pemberitahuan dari salah satu                    up has been raised by a party.
        pihak.

   c.   Sesuai dengan perjanjian tanggal 24 Juli 2017                 c.   Pursuant to the agreement dated July 24, 2017,
        yang kemudian dibuatkan amendemennya                               which was subsequently amended under
        dengan No.023/EIF-APL/MU-BOD/AMD-01/03-                            Amendment No. 023/EIF-APL/MU-BOD/AMD-
        2020, ETHICA, entitas anak, menunjuk                               01/03-2020, ETHICA, a subsidiary, appointed
        PT Anugerah Pharmindo Lestari untuk                                PT Anugerah Pharmindo Lestari as the
        mendistribusikan produk-produk nya di seluruh                      distributor of its products throughout Indonesia.
        wilayah Indonesia. Perjanjian ini berlaku untuk                    The agreement is valid for one (1) year and shall
        1 (satu) tahun dan otomatis diperpanjang untuk                     be automatically renewed for subsequent
        periode berikutnya apabila tidak ada                               periods unless terminated by written notice from
        pemberitahuan dari salah satu pihak.                               either party.

   d.   Probiotec Pty. Ltd. dan entitas anaknya                       d.   Probiotec Pty. Ltd. and its subsidiaries have
        menandatangani        beberapa         perjanjian                  entered into several manufacturing and
        manufaktur dan jasa pengemasan dimana                              packaging     services     agreements      where
        Probiotec Pty. Ltd. dan entitas anaknya                            Probiotec Pty. Ltd. and its subsidiaries are
        dikontrak untuk memproduksi produk-produk                          contracted to produce the pharmaceutical
        farmasi milik pelanggannya atau menyediakan                        products of their customers or provide
        jasa pengemasan. Perjanjian-perjanjian ini                         packaging services. These agreements are
        diperbarui setiap tahunnya secara otomatis                         automatically renewed annually for 12 months
        untuk periode 12 bulan, kecuali jika diakhiri oleh                 period unless it is terminated by either party.
        salah satu pihak.

   e.   Pada tanggal 13 Mei 2024, Perusahaan telah                    e.   As at May 13, 2024, the Company has
        menunjuk PT Mega Inter Distrindo untuk                             appointed PT Mega Inter Distrindo as a
        mendistribusikan produk-produk Grup di                             distributor for all product of the Group
        seluruh wilayah Indonesia, sesuai dengan                           throughout Indonesia, in accordance with
        Perjanjian     Kerjasama     Distribusi    No.                     Distribution Cooperation Agreement No.
        036a/PYFA-MID/V/2024. Perjanjian ini berlaku                       036a/PYFA-MID/V/2024. This agreement valid
        untuk 1 (satu) tahun dan otomatis diperpanjang                     for 1 (one) year and auto extended for following
        untuk periode berikutnya apabila tidak ada                         period if no notice of end-up has been raised by
        pemberitahuan dari salah satu pihak.                               a party.




                                                             102
Page 390
                                                                                                    The original consolidated financial statements included herein
                                                                                                                                      are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                                                                   PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                                                     AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                                                                  NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                                                                   FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                                                           As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                                                     and for the Year Then Ended
           (Disajikan dalam Rupiah,                                                                                 (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                                                               Unless Otherwise Stated)


35. PERIKATAN PENTING (lanjutan)                                                               35. SIGNIFICANT COMMITMENTS (continued)

   f.     Pada tanggal 18 April 2025 Perusahaan                                                        f.     As of April 18, 2025, the Company has entered
          bekerjasama dengan Genuone Sciences Inc.                                                            into a distribution agreement with Genuone
          untuk distribusi produk Azev, dengan jangka                                                         Sciences Inc. for the distribution of Azev
          waktu kerjasama 5 (lima) tahun.                                                                     products for a period of 5 (five) years.

   g.     Pada 28 April 2025 Perusahaan menunjuk First                                                 g.     As of April 28, 2025, the Company has
          Global Trading Corporation sebagai pihak untuk                                                      appointed First Global Trading Corporation as a
          mendistribusikan produk Candesartan dan                                                             distributor for Candesartan and Valsartan
          Valsartan di Filipina. Kerjasama ini berlangsung                                                    products in the Philippines for a period of 5 (five)
          untuk jangka waktu 5 (lima) tahun.                                                                  years.

   h.     Pada 18 Juli 2025 Perusahaan bekerjasama                                                     h.     As of July 18, 2025, the Company has entered
          dengan Lilanssi Global Co. Ltd. untuk                                                               into a distribution agreement with Lilanssi
          mendistribusikan produk Glowsomne PN 2%                                                             Global Co. Ltd. for the distribution of
          Booster selama 3 (tiga) tahun.                                                                      Glowsomne PN 2% Booster products for a
                                                                                                              period of 3 (three) years.


36. TAMBAHAN INFORMASI ARUS KAS                                                                36. SUPPLEMENTARY                                      CASH        FLOWS
                                                                                                   INFORMATION

   Aktivitas non-kas adalah sebagai berikut:                                                           Non-cash activities are as follows:

                                                                      Tahun yang berakhir
                                                                    pada tanggal 31 Desember
                                                                    Year ended December 31,

                                                                      2025                            2024
   Penambahan aset hak-guna                                                                                                         Addition of right-of use asset through
    melalui liabilitas sewa                                   870.313.001.979               107.907.528.946                                               lease liabilities
   Penambahan aset takberwujud melalui                                                                                               Additional intangible assets through
    reklasifikasi biaya dibayar di muka                             533.124.782                      461.736.666                     reclassification prepaid expenses

   Perubahan pada liabilitas yang timbul dari aktivitas                                               Changes in liabilities arising from financing activities:
   pendanaan:
                                                                Tahun yang Berakhir pada Tanggal 31 Desember 2025/
                                                                          Year Ended December 31, 2025


                                                                Selisih Kurs
                                                                 Penjabaran
                                                                  Laporan
                                                                 Keuangan/                              Amortisasi
                                                                Difference in                              Biaya
                                                              Foreign Currency                          Transaksi/
                       Saldo Awal/                             Translation of                          Amortization
                        Beginning            Arus Kas/            Financial       Penambahan/         of Transaction      Beban Bunga/       Saldo Akhir/
                         Balance             Cash Flow           Statements         Addition               Cost         Interest Expense    Ending Balance

   Utang bank        2.248.717.999.683     167.501.647.687                   -                  -                   -                  -    2.416.219.647.370       Bank loan
   Utang obligasi    1.196.408.333.330      17.900.000.000                   -                  -       3.075.000.003                   -   1.217.383.333.333   Bonds payable
   Liabilitas sewa     421.850.892.282    (123.481.913.354)     88.062.090.174    769.083.637.973                   -     52.288.456.560    1.207.803.163.635   Lease liabilities

                                                                Tahun yang Berakhir pada Tanggal 31 Desember 2024/
                                                                          Year Ended December 31, 2024

                                                                                    Saldo dari
                                                                                   Entitas Anak
                                                                Selisih Kurs      pada Tanggal
                                                                 Penjabaran          Akuisisi/
                                                                  Laporan         Penambahan/
                                                                 Keuangan/        Pengurangan/          Amortisasi
                                                                Difference in     Balance from             Biaya
                                                              Foreign Currency     Subsidiaries         Transaksi/
                       Saldo Awal/                             Translation of     at Acquisition       Amortization
                        Beginning            Arus Kas/            Financial       Date/Additions      of Transaction      Beban Bunga/       Saldo Akhir/
                         Balance             Cash Flow           Statements        /Deductions             Cost         Interest Expense    Ending Balance

   Utang bank        180.418.434.183     1.567.202.992.500                   -    501.096.573.000                   -                  -    2.248.717.999.683       Bank loan
   Utang obligasi    795.475.000.000       398.000.000.000                   -                  -       2.933.333.330                  -    1.196.408.333.330   Bonds payable
   Liabilitas sewa    11.097.848.735       (41.624.643.715)    (24.938.677.160)   460.539.530.930                   -     16.776.833.492      421.850.892.282   Lease liabilities




                                                                                        103
Page 391
                                                               The original consolidated financial statements included herein
                                                                                                 are in Indonesian language.

          PT PYRIDAM FARMA Tbk                                             PT PYRIDAM FARMA Tbk
          DAN ENTITAS ANAKNYA                                               AND ITS SUBSIDIARIES
         CATATAN ATAS LAPORAN                                            NOTES TO THE CONSOLIDATED
        KEUANGAN KONSOLIDASIAN                                             FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                     As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                               and for the Year Then Ended
          (Disajikan dalam Rupiah,                                           (Expressed in Rupiah,
          Kecuali Dinyatakan Lain)                                         Unless Otherwise Stated)


37. RENCANA MANAJEMEN                                          37. MANAGEMENT PLAN

   Laporan keuangan konsolidasian disusun dengan                   The consolidated financial statements have been
   asumsi bahwa Grup akan terus beroperasi sebagai                 prepared with the assumption that the Group will
   entitas      yang    mampu        mempertahankan                continue to operate as an entity that is able to
   kelangsungan usahanya. Untuk tahun yang berakhir                maintain its business continuity. For the year ended
   pada tanggal 31 Desember 2025, Grup mencatat                    December 31, 2025, the Group recorded a total
   total rugi komprehensif sebesar Rp272.553.358.336               comprehensive loss of Rp272,553,358,336 and
   dan mencatat arus kas operasi negatif sebesar                   recorded a negative operating cashflow amounted
   Rp378.991.108.803. Pada tanggal 31 Desember                     to Rp378,991,108,803. As of December 31, 2025,
   2025,       Grup   mencatat      defisit  sebesar               the Group’s recorded a deficit amounted to
   Rp422.469.290.908.                                              Rp422,469,290,908.

   Dalam merespon kondisi tersebut, manajemen Grup                 In response to these conditions, the management
   berencana untuk:                                                is planning to:

      Efisiensi dan optimalisasi kinerja operasional                 Enhance efficiency and optimize operational
       melalui penerapan disiplin biaya yang                           performance through the implementation of
       berkelanjutan, peningkatan efisiensi proses                     sustained cost discipline, improvement in
       produksi, pemanfaatan kapasitas produksi                        production      process       efficiency,    optimal
       secara optimal, serta melakukan peninjauan                      utilization of production capacity, as well as a
       berkala terhadap portofolio produk, khususnya                   periodic review of the product portfolio,
       produk dengan tingkat profitabilitas rendah,                    particularly low-profitability products, to improve
       guna meningkatkan profitabilitas secara                         overall profitability.
       keseluruhan.

      Efisiensi dan optimalisasi kinerja operasional                 Enhance efficiency and optimize operational
       melalui penerapan disiplin biaya yang                           performance through the implementation of
       berkelanjutan, peningkatan efisiensi proses                     sustained cost discipline, improvement in
       produksi, pemanfaatan kapasitas produksi                        production      process       efficiency,    optimal
       secara optimal, serta melakukan peninjauan                      utilization of production capacity, as well as a
       berkala terhadap portofolio produk, khususnya                   periodic review of the product portfolio,
       produk dengan tingkat profitabilitas rendah,                    particularly low-profitability products, to improve
       guna meningkatkan profitabilitas secara                         overall profitability.
       keseluruhan.

      Meningkatkan kapasitas dan kapabilitas                         Increase production capacity and capabilities,
       produksi, khususnya pada segmen produk                          particularly in the sterile injectable segment, by
       injeksi steril, dengan membangun lini produksi                  establishing new production lines to meet
       baru guna memenuhi permintaan pasar yang                        growing market demand and support expansion
       terus meningkat serta mendukung ekspansi ke                     into global markets.
       pasar global.

      Memperkuat integrasi dan sinergi antar entitas                 Strengthen integration and synergies across
       dalam Grup, termasuk melalui pengembangan                       entities within the Group, including through the
       fungsi shared services lintas negara,                           development of cross-border shared services
       pemanfaatan sumber daya lintas entitas, serta                   functions, leveraging resources across entities,
       peningkatan    koordinasi     dalam   aktivitas                 and enhancing coordination in operational and
       operasional dan distribusi guna mencapai skala                  distribution activities to achieve greater
       ekonomi yang lebih baik.                                        economies of scale.




                                                         104
Page 392
                                                                  The original consolidated financial statements included herein
                                                                                                    are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                               PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                              NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                               FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                 and for the Year Then Ended
           (Disajikan dalam Rupiah,                                             (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


37. RENCANA MANAJEMEN (lanjutan)                                  37. MANAGEMENT PLAN (continued)

   Dalam merespon kondisi tersebut, manajemen Grup                    In response to these conditions, the management
   berencana untuk: (lanjutan)                                        is planning to: (continued)

      Mendorong pertumbuhan pendapatan dengan                           Drive revenue growth by focusing on higher
       berfokus pada portofolio produk bernilai tambah                    value-added product portfolios, including
       tinggi, antara lain dengan meningkatkan                            increasing product usage in healthcare
       penggunaan produk di fasilitas kesehatan,                          facilities, accelerating listings in new hospitals
       akselerasi listing di rumah sakit dan klinik baru,                 and clinics, and expanding the user base and
       serta memperluas basis pengguna dan                                medical specialties. In addition, selectively
       spesialisasi. Selain itu, secara selektif                          pursue export opportunities in markets with
       mengembangkan peluang ekspor ke pasar                              attractive growth potential.
       yang memiliki potensi pertumbuhan yang
       menarik.

      Mengoptimalkan pemanfaatan jaringan dan                           Optimize the Group’s network and strategic
       hubungan strategis yang dimiliki Grup,                             relationships,   including through    closer
       termasuk melalui kolaborasi yang lebih erat                        collaboration with key partners to increase
       dengan mitra utama untuk meningkatkan                              sales volume and expand the customer base.
       volume penjualan serta memperluas basis
       pelanggan.

   Grup telah memperoleh surat Financial Support dari                 The Group has obtained Financial Support Letter
   Rejuve Global Investment Pte. Ltd. (“Rejuve”), yang                from Rejuve Global Investment Pte. Ltd. (“Rejuve”),
   merupakan entitas induk Perusahaan. Berdasarkan                    the parent company. Based on the Financial
   surat Financial Support tersebut, Rejuve setuju                    Support Letter, Rejuve agreed to:
   untuk:

      Menyediakan sumber daya keuangan yang                             Provides the Group with necessary financial
       dibutuhkan oleh Grup selama diperlukan agar                        resources, as long as required to enable the
       Grup dapat memenuhi kewajiban keuangannya                          Group to meet its financial obligations as and
       ketika jatuh tempo, termasuk untuk membiayai                       when they fall due, including those required to
       kegiatan operasional Grup, dan                                     finance its operations, and

      Tidak menutup Grup, minimal sampai dengan                         Not to close the Group at minimum until April 1,
       1 April 2027.                                                      2027.

   Manajemen Rejuve meyakini bahwa Rejuve                             The management of Rejuve believes that Rejuve
   memiliki kemampuan finansial yang cukup untuk                      has the financial ability to provide such financial
   memberikan dukungan keuangan tersebut.                             support.




                                                            105
Page 393
                                                                 The original consolidated financial statements included herein
                                                                                                   are in Indonesian language.

          PT PYRIDAM FARMA Tbk                                               PT PYRIDAM FARMA Tbk
          DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
         CATATAN ATAS LAPORAN                                              NOTES TO THE CONSOLIDATED
        KEUANGAN KONSOLIDASIAN                                               FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                                 and for the Year Then Ended
          (Disajikan dalam Rupiah,                                             (Expressed in Rupiah,
          Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


38. STANDAR    AKUNTANSI YANG TELAH                              38. ACCOUNTING STANDARDS ISSUED BUT NOT
    DITERBITKAN NAMUN BELUM BERLAKU                                  YET EFFECTIVE
    EFEKTIF
  Standar akuntansi yang telah diterbitkan sampai                   The accounting standards that have been issued up
  tanggal penerbitan laporan keuangan konsolidasian                 to the date of issuance of the Group’s consolidated
  Grup namun belum berlaku efektif diungkapkan                      financial statements, but not yet effective are
  berikut    ini.  Manajemen      bermaksud   untuk                 disclosed below. The management intends to adopt
  menerapkan      standar-standar    tersebut  yang                 these standards that are considered relevant to the
  dipertimbangkan relevan terhadap Grup pada saat                   Group when they become effective, and the impact
  efektif, dan dampaknya terhadap posisi dan kinerja                to the consolidated financial position and
  keuangan konsolidasian Grup masih diestimasi pada                 performance of the Group is still being estimated as
  tanggal 31 Maret 2026:                                            of March 31, 2026:
  Mulai efektif pada atau setelah tanggal 1 Januari                 Effective beginning on or after January 1, 2026
  2026

  Amendemen PSAK 109 and PSAK 107: Klasifikasi                      Amendments to PSAK 109 and PSAK 107:
  dan Pengukuran Instrument Keuangan                                Classification and Measurement of Financial
                                                                    Instruments

  Amandemen tersebut mencakup klarifikasi atas suatu                The amendments includes a clarification that a
  liabilitas keuangan dihentikan pengakuannya pada                  financial liability is derecognised on the ‘settlement
  “tanggal penyelesaian” serta memperkenalkan                       date’ and the introduction of an accounting policy
  pilihan kebijakan akuntansi (apabila kondisi tertentu             choice (if specific conditions are met) to derecognise
  terpenuhi) untuk menghentikan pengakuan liabilitas                financial liabilities settled using an electronic
  keuangan yang diselesaikan melalui sistem                         payment system before the settlement date.
  pembayaran         elektronik     sebelum     tanggal             Further, additional guidance is added on how the
  penyelesaian. Selain itu, panduan tambahan                        contractual cash flows for financial assets with
  ditambahkan mengenai bagaimana arus kas                           environmental, social and corporate governance
  kontraktual untuk aset keuangan dengan fitur                      (ESG) and similar features should be assessed. The
  lingkungan, sosial, dan tata kelola perusahaan (ESG)              amendments also clarifies what constitute ‘non-
  serta fitur serupa harus dinilai.                                 recourse features’ and what are the characteristics
                                                                    of contractually linked instruments.

  Amandemen tersebut juga mengklarifikasi apa saja                  The Amendments also introduces of disclosures for
  yang merupakan fitur non-recourse dan karakteristik               financial instruments with contingent features and
  instrumen yang terkait secara kontraktual. Selain itu,            additional disclosure requirements for equity
  amandemen tersebut memperkenalkan persyaratan                     instruments classified at fair value through other
  pengungkapan untuk instrumen keuangan dengan                      comprehensive income (OCI).
  fitur kontinjensi serta persyaratan pengungkapan
  tambahan       untuk    instrumen    ekuitas    yang
  diklasifikasikan pada nilai wajar melalui penghasilan
  komprehensif lain (OCI).

  Amandemen tersebut berlaku efektif untuk periode                  The Amendments are effective for annual periods
  tahunan yang dimulai pada atau setelah 1 Januari                  starting on or after January 1, 2026 with early
  2026, dengan penerapan dini diperkenankan hanya                   adoption permitted for classification of financial
  untuk klasifikasi aset keuangan dan pengungkapan                  assets and related disclosures only. The Group
  terkait.   Grup    tidak   memperkirakan   bahwa                  does not anticipate that the amendments will have a
  amandemen tersebut akan memberikan dampak                         material effect on the Group’s financial statements.
  material terhadap laporan keuangan Grup.




                                                           106
Page 394
                                                                 The original consolidated financial statements included herein
                                                                                                   are in Indonesian language.

          PT PYRIDAM FARMA Tbk                                               PT PYRIDAM FARMA Tbk
          DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
         CATATAN ATAS LAPORAN                                              NOTES TO THE CONSOLIDATED
        KEUANGAN KONSOLIDASIAN                                               FINANCIAL STATEMENTS
     Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025
  Tahun yang Berakhir pada Tanggal Tersebut                                 and for the Year Then Ended
          (Disajikan dalam Rupiah,                                             (Expressed in Rupiah,
          Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


38. STANDAR       AKUNTANSI YANG TELAH                           38. ACCOUNTING STANDARDS ISSUED BUT NOT
    DITERBITKAN NAMUN BELUM BERLAKU                                  YET EFFECTIVE (continued)
    EFEKTIF (lanjutan)

   Standar akuntansi yang telah diterbitkan sampai                  The accounting standards that have been issued up
   tanggal penerbitan laporan keuangan konsolidasian                to the date of issuance of the Group’s consolidated
   Grup namun belum berlaku efektif diungkapkan                     financial statements, but not yet effective are
   berikut    ini.  Manajemen      bermaksud   untuk                disclosed below. The management intends to adopt
   menerapkan      standar-standar    tersebut  yang                these standards that are considered relevant to the
   dipertimbangkan relevan terhadap Grup pada saat                  Group when they become effective, and the impact
   efektif, dan dampaknya terhadap posisi dan kinerja               to the consolidated financial position and
   keuangan konsolidasian Grup masih diestimasi pada                performance of the Group is still being estimated as
   tanggal 31 Maret 2026: (lanjutan)                                of March 31, 2026: (continued)

   Mulai efektif pada atau setelah tanggal 1 Januari                 Effective beginning on or after January 1, 2027
   2027

   PSAK 118: Penyajian dan Pengungkapan dalam                       PSAK 118: Presentation and Disclosure in Financial
   Laporan Keuangan                                                 Statements

   PSAK 118 akan menggantikan PSAK 201. Standar                     PSAK 118 will replace PSAK 201. The new standard
   baru ini memperkenalkan persyaratan baru terkait                 introduces new requirements for presentation within
   penyajian dalam laporan laba rugi, termasuk total dan            the statement of profit or loss, including specified
   subtotal tertentu. Selain itu, Grup diwajibkan untuk             totals and subtotals. Furthermore, the Group are
   mengklasifikasikan seluruh pendapatan dan beban                  required to classify all income and expenses within
   dalam laporan laba rugi ke dalam salah satu dari lima            the statement of profit or loss into one of five
   kategori: operasi, investasi, pendanaan, pajak                   categories: operating, investing, financing, income
   penghasilan, dan operasi yang dihentikan.                        taxes and discontinued operations.

   Standar ini juga mensyaratkan pengungkapan ukuran                The standard requires disclosure of newly defined
   kinerja yang didefinisikan manajemen, subtotal                   management-defined       performance     measures,
   pendapatan dan beban, serta mencakup persyaratan                 subtotals of income and expenses, and it also
   baru terkait agregasi dan disagregasi informasi                  includes new requirements for aggregation and
   keuangan.                                                        disaggregation of financial information.

   PSAK 118 berlaku efektif untuk periode pelaporan                 PSAK 118 are effective for reporting periods
   yang dimulai pada atau setelah 1 Januari 2027,                   beginning on or after January 1, 2027, but earlier
   dengan penerapan dini diperkenankan dan harus                    application is permitted and must be disclosed.
   diungkapkan. PSAK 118 akan diterapkan secara                     PSAK 118 will apply retrospectively.
   retrospektif.




                                                           107
Page 395
                                                                  The original consolidated financial statements included herein
                                                                                                    are in Indonesian language.

           PT PYRIDAM FARMA Tbk                                               PT PYRIDAM FARMA Tbk
           DAN ENTITAS ANAKNYA                                                 AND ITS SUBSIDIARIES
          CATATAN ATAS LAPORAN                                              NOTES TO THE CONSOLIDATED
         KEUANGAN KONSOLIDASIAN                                               FINANCIAL STATEMENTS
      Tanggal 31 Desember 2025 dan untuk                                       As of December 31, 2025
   Tahun yang Berakhir pada Tanggal Tersebut                                 and for the Year Then Ended
           (Disajikan dalam Rupiah,                                             (Expressed in Rupiah,
           Kecuali Dinyatakan Lain)                                           Unless Otherwise Stated)


39. PERISTIWA SETELAH PERIODE PELAPORAN                           39. EVENTS AFTER REPORTING PERIOD

   a.   Pada tanggal 16 Maret 2026 Perusahaan                        a.   On March 16, 2026, the Company conducted a
        melakukan keterbukaan informasi mengenai                          public disclosure of information regarding the
        rencana PMHMETD dan pengumuman rencana                            planned PMHMETD, as well as announcement
        RUPSLB sehubungan dengan PMHMETD yang                             on the planned Extraordinary General Meeting
        akan diselenggarakan pada tanggal 22 April                        of Shareholders (EGMS) in relation to the
        2026.                                                             PMHMETD which will be held on April 22, 2026.

   b.   Pada tanggal 26 Maret 2026 telah dilaksanakan                b.   On March 26 2026, the Company increased its
        peningkatan investasi Perusahaan pada Asia                        investment in Asia Venture Capital Holdings
        Venture Capital Holdings Pte. Ltd., suatu                         Pte. Ltd., a company incorporated under the
        perusahaan yang didirikan berdasarkan hukum                       laws of Singapore (“AVCH”), through the
        Singapura (“AVCH”), melalui pengalihan saham                      transfer of shares owned by Meranti Global
        milik Meranti Global Investment Pte. Ltd., suatu                  Investment Pte. Ltd., a company incorporated
        perusahaan yang didirikan berdasarkan hukum                       under the laws of Singapore (“Meranti”), to the
        Singapura (“Meranti”) kepada Perusahaan                           Company based on a Share Transfer Form
        berdasarkan Share Transfer Form antara                            between     the   Company      and      Meranti.
        Perusahaan dengan Meranti. Pengalihan                             The share transfer was carried out for a total of
        saham tersebut dilaksanakan sebanyak 97.842                       97,842 shares with an aggregate value of
        lembar saham dengan total nilai $AS6.577.067                      US$6,577,067, with payment to be made in two
        Dollar Amerika dengan pembayaran yang akan                        (2) stages.
        dilakukan dalam 2 (dua) tahap.

   c.   Perkembangan geopolitik di Timur Tengah                      c.   Geopolitical developments in the Middle East

        Setelah tanggal pelaporan, ketegangan                             Subsequent to the reporting date, geopolitical
        geopolitik di Timur Tengah meningkat menyusul                     tensions in the Middle East escalated following
        tindakan militer di kawasan tersebut pada akhir                   military actions in the region at the end of
        Februari       2026.       Perkembangan       ini                 February 2026. These developments have
        menyebabkan meningkatnya ketidakpastian                           resulted in heightened geopolitical uncertainty
        geopolitik dan volatilitas di pasar keuangan dan                  and increased volatility in global financial and
        energi global.                                                    energy markets.

        Saat ini Grup tidak memiliki operasi langsung                     The Group does not currently have significant
        yang signifikan di negara-negara yang terlibat                    direct operations in the countries directly
        langsung dalam konflik tersebut. Namun,                           involved in the conflict. However, the broader
        dampak ekonomi yang lebih luas akibat situasi                     economic effects resulting from the geopolitical
        geopolitik tersebut dapat memengaruhi operasi                     situation may indirectly affect the Group’s
        dan kinerja keuangan Grup secara tidak                            operations and financial performance.
        langsung.

        Pada tanggal otorisasi atas laporan keuangan                      At the date of authorization of these financial
        ini, tidak memungkinkan untuk mengestimasi                        statements, it is not possible to reliably estimate
        secara andal dampak keuangan yang mungkin                         the financial impact that further escalation of the
        timbul akibat potensi eskalasi lebih lanjut dari                  conflict may have on the Group’s financial
        konflik tersebut pada laporan keuangan Grup.                      statements.

        Manajemen     akan     terus      memonitor                       Management will continue to monitor
        perkembangan terkait konflik ini dan menilai                      developments relating to the conflict and
        potensi dampaknya pada periode pelaporan                          assess potential implications in future reporting
        berikutnya.                                                       periods.




                                                            108
Page 396
PT Pyridam Farma Tbk
Kantor Utama / Head Office
Sinar Mas Land Plaza Sudirman Lt. 12 / 12th Floor
Jl. Jenderal Sudirman Kav. 21, RT 10/RW 01
Kuningan, Karet
Jakarta Selatan / South Jakarta 12920

   (62-21) 509-91067
   @Pyfahealthofficial



2025
Laporan Tahunan dan Keberlanjutan
Annual and Sustainability Report

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Size10.17 MB
Published30 Apr 2026
Pages396
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Names mentioned 159 people and organisations named in the text · linked when the evidence is strong

linked org Pyridam Farma Tbk p.3 ×268
linked org Sinar Mas p.7 ×8
linked org Probiotec Pharma Pty Limited p.44 ×9
linked person Robby Yulianto p.49 ×7
linked person Widjanarko Brotosaputro p.55 ×11
linked person Maura Linda Sitanggang p.55 ×5
linked person Yan Gwan p.57 ×12
linked person Sinta Lestari Ningsih · President Director p.65 ×15
linked person Bedjo Stefanus p.65 ×9
linked person Antes Eko Prasetio · Direktur p.65 ×6
linked person Yenfrino Gunadi p.65 ×11
linked org Pyfa Health Singapore Pte. Ltd. p.75 ×15
linked org Pyfa Australia Pty Ltd p.76 ×16
linked person Panji Pamungkas p.82
linked person Vladimir I. Pangemanan p.83
linked person Herdiasti Anggitya Dwisani p.83
linked org PT Shield On Service p.84 ×3
linked org Wahana Interfood Nusantara Tbk p.85 ×2
linked org Ikapharmindo Putramas. p.85 ×2
linked org International Finance p.86
linked org Probiotec Pharmaceuticals p.109
possible org Otoritas Jasa Keuangan p.6 ×4
possible org Bursa Efek Indonesia p.6 ×7
possible org Probiotec Pty Ltd. p.6 ×35
possible person Charles D. Marpaung p.55 ×6
possible org Negara Republik Indonesia p.68 ×2
possible org Rejuve Global Investment Pte. Ltd. p.69 ×23
possible org PT PSI p.75 ×12
possible org Nusantara Tbk p.85
possible org PT Johnson p.91 ×2
possible person Mohammad p.93
possible person Mohammad Syamsul Syamsul Arifin p.93
possible person Widjanarko · Komisaris p.95
unresolved org PT Pyridam p.5 ×9
unresolved org Farma Tbk. p.5 ×3
unresolved org Otoritas Jasa Keuangan Republik Indonesia p.6
unresolved org Financial Services Authority p.6 ×4
unresolved org Indonesia Stock Exchange p.6 ×8
unresolved org PT Holi Pharma p.6 ×15
unresolved org PT Ethica Industri Farmasi p.6 ×15
unresolved — • Pengaruh. p.11
unresolved — • Ketergantungan. p.11
unresolved — • Influence. p.11
unresolved — • Dependency. p.11
unresolved org Pengawas p.14
unresolved org Nasional Penanggulangan Bencana p.22 ×2
unresolved org Pengawas Obat p.22
unresolved org Kementerian Kesehatan Republik Indonesia. p.22
unresolved org Ministry of Health p.22 ×2
unresolved org Penyelenggara p.23
unresolved org PT Wastec International p.23 ×2
unresolved org Ethica Probiotec Pty Ltd p.30 ×2
unresolved org Holi Probiotec Pty Ltd p.31
unresolved person Hamil p.36
unresolved org PT Lloyd Pharma Indonesia p.36 ×2
unresolved org Genewel Co., Ltd. p.38 ×2
unresolved org Genewal Co., Ltd. p.38 ×2
unresolved org AIHCO Probiotec Pty Ltd p.39 ×2
unresolved org Departemen Corporate Communications p.39 ×2
unresolved org Entitas Anak Probiotec Pty Ltd p.40 ×2
unresolved org Subsidiary Probiotec Pty Ltd p.40
unresolved org Kementerian Kesehatan p.41
unresolved org Pengawas Obat dan Makanan p.41 ×2
unresolved org Analysis Sertifikasi Probiotec Pty Ltd Probiotec Pty Ltd p.44
unresolved org Probiotec Multipack Pty Ltd p.44 ×7
unresolved person Amid · Komisaris p.50
unresolved org PT Ethica p.60
unresolved org Genewel Co Ltd p.61 ×2
unresolved — Kontak [POJK C.2] [GRI 2-1] p.68
unresolved — Selatan / South Jakarta 12920 p.68
unresolved — Hanjawar Pacet p.68
unresolved — Pacet, Cianjur p.68
unresolved — Akta Berita Acara Perseroan No. 267, p.68
unresolved person Tan Thong Kie · Notaris p.68 ×3
unresolved person Suhardi p.68
unresolved person Suhardi, S.H., Notaris di Jakarta yang telah disetujui p.68
unresolved org Menteri Kehakiman Republik p.68
unresolved org Menteri Kehakiman dan Hak Asasi Manusia p.68
unresolved org Pengadilan Negeri Jakarta No. C- p.68
unresolved — C-00321HT.01.04.TH.2001, tanggal 25 April 2001. p.68
unresolved org Deed of Minutes of the Company No. 267, dated p.68
unresolved person 23, 2000, made before Tse Min Suhardi, S.H., · Notaris p.68 ×4
unresolved org Minister of Justice p.68
unresolved — Law and Human Rights of the Republic p.68
unresolved — based on Decree No. C-00321HT.01.04.TH.2001, dated p.68
unresolved org District Court p.68
unresolved org PT Asuransi Jiwa Starinvestama Publik p.69
unresolved org Ticker Code Perseroan Terbatas Limited p.69
unresolved org Anggaran Dasar Terakhir Probiotec LJM Pty Ltd p.69
unresolved person Mochammad Nova Faisal S.H. · Notaris p.69 ×2
unresolved org PT Pyridam Veteriner p.70 ×4
unresolved org PT Medika Inovasi Nusantara p.71 ×8
unresolved person Ir. Sarkri Kosasih p.74
unresolved person Ir. Sarkri p.74
unresolved org PT Osotspa ABC Indonesia. p.74
unresolved org PT Osotspa ABC Indonesia. Cianjur p.74
unresolved org Menteri Kehakiman p.74
unresolved org Minister of Law and Human Rights of Republic of Indonesia p.74
unresolved org PT Pyfa Medika p.75 ×2
unresolved org PT Mega Inter Distrindo p.75 ×2
unresolved org PT MID p.75 ×4
unresolved org PT Pyfa Investama Governance p.75
unresolved org PT Pyfa Sehat Indonesia p.75 ×3
unresolved org PT Pyfa Investama Medika p.75 ×4
unresolved org PT Pyridam Internasional p.75 ×2
unresolved org Pte. Ltd. p.75 ×2
unresolved org Negara Health Technology Pte. Ltd. A Limited p.76
unresolved org Probiotec LJM Pty Ltd p.81
unresolved org PT Master Parking Indonesia p.84 ×2
unresolved org PT Safe Secured Solution p.84 ×2
unresolved org PT Human Resources Solution p.84 ×2
unresolved org PT SOS Indonesia p.84
unresolved org PT Human Resources Provider p.84
unresolved org PT SOS p.84
unresolved org PT Holi Pharma. Mulya Business School p.85
unresolved org PT Wahana Interfood Work Experience p.85
unresolved org PT Novartis Biochemie p.85
unresolved org PT Combiphar p.85 ×4
unresolved org PT Prima Hexal p.85 ×2
unresolved org PT Yarindo Farmatama p.85 ×2
unresolved org PT Meprofarm p.85 ×2
unresolved org PT Ikapharmindo Putramas. Selain p.85
unresolved org PT Holi p.85
unresolved org PT Novartis p.85
unresolved org PT Ikapharmindo Putramas. In p.85
unresolved org PT Medika Inovasi Nusantara Kepemilikan Saham p.85
unresolved org Bank Agroniaga p.86 ×2
unresolved org Kementerian Pertanian Republik p.86
unresolved person Independensi · Direktur Utama p.86 ×3
unresolved org PT CMP Consulting p.86 ×2
unresolved org Senior VP Cathay Organisation Holdings Ltd p.88
unresolved org Cathay Organisation Holdings Ltd p.88
unresolved org PT Pyfa Aetheria Indonesia p.89 ×3
unresolved org Setiabudi Internasional Tbk p.89 ×2
unresolved org PT Rajawali Nusindo p.90 ×2
unresolved org PT Barito Budi Pharmindo p.90 ×2
unresolved org PT Errita Pharma Per p.90
unresolved org PT Errita p.90
unresolved org PT Roche Indonesia p.91 ×2
unresolved org PT Glaxosmithkline p.91 ×2
unresolved org PT Mundipharma Healthcare Indonesia p.91 ×2
unresolved org PT Pyfa Sehat Tarumanagara. p.92
unresolved org PT Pyfa Sehat Work Experience p.92
unresolved org PT Aimia Proprietary p.92
unresolved org PT Warner Music Indonesia p.92 ×2
unresolved org PT Visionet Internasional p.92 ×2
unresolved org PT Aimia Proprietary Loyalty Indonesia p.92
unresolved org PT Asuransi Jiwa p.93
unresolved person Yenfrino · Direktur p.95
unresolved person Bedjo · Direktur p.95
unresolved org Rejuve Global Investment Pte. Ltd. Global Investment Pte. Ltd. p.95
unresolved org Analysis Pyfa Health Singapore Pte. Ltd. p.100
unresolved org Pyfa Australia Pty Ltd Probiotec Pty Ltd p.102
unresolved org Sustainability Report Probiotec Nutritionals Pty Limited p.109
unresolved org Sinta Lestari Ningsih Probiotec Pharmaceuticals Pty Limited p.109
unresolved org Kantor Akuntan Publik Purwanto p.114
unresolved person Firm Nama Akuntan Publik Daniel Amdhani Judistira p.114
unresolved org PT Sinartama Gunita Securities Administration Bureau p.114

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