Skip to content
Back to announcement

AnnualReport2025-KIAS-att2.pdf

Other Text extracted KIAS

Source file signed link, expires in 15 minutes

This browser can't display the PDF inline. Open it in a new tab.

Extracted text 273

Page 1
Laporan Tahunan & Laporan Keberlanjutan
    Annual Report & Sustainability Report   2025
Page 2
Sanggahan dan Batasan Tanggung Jawab
Disclaimer and Limitation of Liability

Laporan Tahunan dan Laporan Keberlanjutan 2025 PT Keramika             The 2025 Annual Report and Sustainability Report of
Indonesia Assosiasi Tbk memuat pernyataan mengenai kondisi             PT Keramika Indonesia Assosiasi Tbk contain statements
keuangan, hasil operasi, kebijakan, proyeksi, rencana, strategi,       regarding the financial condition, operation results, policies,
serta tujuan Perseroan yang digolongkan sebagai pernyataan             projections, plans, strategies, and the Company’s objectives
ke depan dalam pemenuhan pelaksanaan peraturan perundang-              which are classified as forward-looking statements in
undangan yang berlaku, kecuali hal hal yang memiliki sifat             compliance with the implementation of prevailing laws and
historis. Seluruh pernyataan tersebut memiliki prospek risiko,         regulations, except things that have historical matters. Such
ketidakpastian, serta dapat mengakibatkan perkembangan                 forward-looking statements are subject to risks, uncertainties,
aktual secara material yang berbeda dari yang dilaporkan.              and may cause actual results to differ materially from expected
Pernyataan-pernyataan prospektif dalam laporan ini dibuat              results. The prospective statements in this report are prepared
berdasarkan asumsi mengenai kondisi terkini dan kondisi                based on assumptions concerning the current and future
mendatang Perseroan serta lingkungan bisnis di mana Perseroan          conditions of the Company and the business environment in
menjalankan kegiatan usaha. Dalam laporan ini digunakan                which the Company conducts business activities. This report
kata “Perseroan” untuk mendefinisikan PT Keramika Indonesia            uses the word “Company” to define PT Keramika Indonesia
Assosiasi Tbk sebagai sebuah perusahaan yang menjalankan               Assosiasi Tbk as a company that does business in the ceramic
bisnis di bidang industri bahan bangunan dari keramik.                 building materials industry.




Daftar Isi
Contents


                                                                                            Penghentian Sementara Perdagangan      7
             Ikhtisar Kinerja                                                               Saham (Suspension) dan/atau
             Performance Highlights                                                         Pembatalan Pencatatan Saham
                                                                                            (Delisting)
                                                                                            Suspension of Share Trading and/or
             Laporan Manajemen                                                              Delisting
             Management Report                                                              Penghargaan dan Sertifikasi            7
                                                                                            Awards and Certifications
             Profil Perusahaan                                                              Laporan Manajemen
             Company Profile                                                                Management Report
                                                                                            Laporan Dewan Komisaris                12
                                                                                            Report of the Board of Commissioners
             Analisis dan Diskusi Manajemen
             Management Discussion and Analysis                                             Laporan Direksi                        18
                                                                                            Report of the Board of Directors
                                                                                            Profil Perusahaan
             Tata Kelola Perusahaan                                                         Company Profile
             Coprorate Governance
                                                                                            Informasi Umum Perusahaan              32
                                                                                            General Information of the Company
             Laporan Keberlanjutan                                                          Skala Usaha                            33
             Sustainability Report                                                          Business Scale
                                                                                            Jejak Langkah                          34
                                                                                            Milestones
             Laporan Keuangan
             Financial Statements                                                           Riwayat Singkat Perusahaan             36
                                                                                            Brief Company History
                                                                                            Visi dan Misi                          40
                                              Ikhtisar Kinerja                              Vision and Mission
Sanggahan dan Batasan Tanggung           B    Performance Highlights
Jawab                                                                                       Budaya Perusahaan                      41
                                              Ikhtisar Keuangan                      4      Corporate Culture
Disclaimer and Limitation of Liability        Financial Highlights
                                                                                            Kegiatan Usaha                         42
Daftar Isi                               B    Ikhtisar Saham                         6      Business Activities
Contents                                      Share Highlights
                                                                                            Wilayah Operasional                    43
                                              Aksi Korporasi                         6      Operational Areas
                                              Corporate Actions
                                                                                            Struktur Organisasi                    44
                                                                                            Organizational Structure




               PT Keramika Indonesia Assosiasi Tbk
B              Laporan Tahunan & Laporan Keberlanjutan 2025
Page 3
Keanggotaan Asosiasi                       45   Informasi Material mengenai Investasi,        79      Kebijakan Keterbukaan Informasi             137
Association Membership                          Ekspansi, Divestasi, Penggabungan/                    Information Transparency Policy
                                                Peleburan Usaha, Akuisisi,
Perubahan Bersifat Signifikan              45                                                         Sistem Pelaporan Pelanggaran                137
                                                Restrukturisasi Utang/Modal, Transaksi
Significant Changes                                                                                   Whistleblowing System
                                                Material, Transaksi Afiliasi, dan Transaksi
Profil Dewan Komisaris                     46   Benturan Kepentingan                                  Kebijakan Anti Korupsi                      139
Board of Commissioners' Profile                 Material Information on Investments,                  Anti-Corruption Policy
                                                Expansion, Divestments, Mergers/                      Kebijakan Anti-Fraud dan Pengendalian       140
Pernyataan Independensi Komisaris          49
                                                Consolidations, Acquisitions, Debt/                   Gratifikasi
Independen
                                                Capital Restructuring, Material                       Anti-Fraud and Gratification Control
Statement of Independence of the
                                                Transactions, Affiliate Transactions, and             Policy
Independent Commissioner
                                                Conflict of Interest Transactions
Perubahan Komposisi Dewan Komisaris        49                                                         Kebijakan Benturan Kepentingan              141
                                                Perubahan Peraturan Perundang-                79      Dewan Komisaris dan Direksi
Changes in the Composition of the
                                                undangan                                              Conflict of Interest Policy for the Board
Board of Commissioners
                                                Changes in Laws and Regulations                       of Commissioners and the Board of
Profil Direksi                             50
                                                Perubahan Kebijakan Akuntansi                 79      Directors
Board of Directors' Profile
                                                Changes in Accounting Policies                        Kebijakan untuk Mencegah Insider            141
Perubahan Komposisi Direksi                53
                                                Tata Kelola Perusahaan                                Trading
Changes in the Board of Directors
                                                Corporate Governance                                  Insider Trading Prevention Policy
Composition
                                                Komitmen dan Landasan Hukum                   82      Kebijakan Pemenuhan Hak-Hak                 141
Demografi Karyawan                         53
                                                Penerapan GCG                                         Kreditur
Employee Demographics
                                                Commitment and Legal Basis for the                    Creditors’ Rights Compliance Policy
Informasi Pemegang Saham                   56   Implementation of Corporate                           Kebijakan Seleksi Pemasok                   142
Shareholder Information                         Governance                                            Supplier Selection Policy
Entitas Anak                               59   Prinsip GCG                                   83      Kebijakan Komunikasi dengan                 143
Subsidiary                                      GCG Principles                                        Pemegang Saham
Kronologis Pencatatan Saham                60   Struktur GCG                                  83      Shareholder Communication Policy
Chronology of Stock Listing                     GCG Structure
                                                                                                      Kebijakan Perlindungan Data Pribadi         143
Informasi Pencatatan Efek Lainnya          61   Rapat Umum Pemegang Saham                     84      Personal Data Protection Policy
Information on Other Securities Listing         General Meeting of Shareholders
                                                                                                      Penerapan Atas Pedoman Tata Kelola          144
Informasi Kantor Akuntan Publik dan        61   Dewan Komisaris                               91      Perusahaan Terbuka
Akuntan Publik                                  Board of Commissioners                                Implementation of Corporate
Public Accounting Firm and Public                                                                     Governance Guidelines for Public
                                                Direksi                                       97
Accountant Information                                                                                Companies
                                                Board of Directors
Lembaga dan Profesi Penunjang Pasar        61                                                         Laporan Keberlanjutan
                                                Penilaian Kinerja Dewan Komisaris dan         101
Modal Lainnya                                                                                         Sustainability Report
                                                Direksi
Other Capital Market Supporting
                                                Performance Evaluation of the Board of                Tentang Laporan Keberlanjutan               150
Institutions and Professions
                                                Commissioners and the Board                           About Sustainability Report
Analisis dan Pembahasan Manajemen               of Directors
Management Discussion                                                                                 Komitmen Perseroan terhadap Praktik         151
                                                Nominasi dan Remunerasi Dewan                 102     Bisnis yang Berkelanjutan
and Analysis
                                                Komisaris dan Direksi                                 The Company’s Commitment to
Tinjauan Operasi Segmen Usaha              64   Nomination and Remuneration of the                    Sustainable Business Practices
Review of Operating Segments                    Board of Commissioners and Board of
                                                Directors                                             Ikhtisar Aspek Keberlanjutan                153
Kinerja Keuangan Komprehensif              66                                                         Overview of Sustainability Aspect
Comprehensive Financial Performance             Kebijakan Keberagaman Komposisi               106
                                                Dewan Komisaris dan Direksi                           Tata Kelola Keberlanjutan                   155
Kemampuan Membayar Utang                   71                                                         Sustainability Governance
Debt Paying Ability                             Diversity Policy for the Composition of
                                                the Board of Commissioners and                        Kinerja Keberlanjutan                       162
Tingkat Kolektibilitas Piutang             72   the Board of Directors                                Sustainability Performance
Receivables Collectibility Period
                                                Komite Audit                                  106     Lembar Umpan Balik                          198
Struktur Modal                             72   Audit Committee                                       Feedback Form
Capital Structure
                                                Komite Nominasi dan Remunerasi                114     Tanggapan Terhadap Umpan Balik              199
Ikatan Material untuk Investasi Barang     73   Nomination and Remuneration                           Response to Feedback
Modal                                           Committee
Material Commitments for Capital                                                                      Referensi Silang POJK No. 51/               199
Expenditures                                    Sekretaris Perusahaan                         119     POJK.03/2017
                                                Corporate Secretary                                   POJK No. 51/POJK.03/2017 Cross
Investasi Barang Modal                     74                                                         Reference
Capital Expenditure                             Unit Audit Internal                           122
                                                Internal Audit Unit                                   Surat Pernyataan Anggota Direksi     203
Informasi dan Fakta Material Setelah       74
                                                Sistem Pengendalian Internal                  125     dan Anggota Dewan Komisaris
Tanggal Laporan Akuntan
Material Information and Facts after the        Internal Control System                               tentang Tanggung Jawab atas
Auditor’s Report Date                           Sistem Manajemen Risiko                       128
                                                                                                      Laporan Tahunan dan Laporan
                                                Risk Management System                                Keberlanjutan 2025 PT Keramika
Prospek Usaha                              75                                                         Indonesia Assosiasi Tbk
Business Outlook                                Perkara Penting dan Sanksi                    133     Statement of Responsibility of the
Perbandingan Target Tahun 2025             76   Administratif                                         Board of Directors and Board of
dengan Realisasi Tahun 2025                     Lawsuits and Administrative Sanctions
                                                                                                      Commissioners for Annual Report
Comparison of 2025 Targets with 2025            Kode Etik                                     134     and Sustainability Report 2025 of PT
Realization                                     Code of Conduct                                       Keramika Indonesia Assosiasi Tbk
Target 2026                                77   Kebijakan Pemberian Kompensasi                136
2026 Targets                                    Jangka Panjang Berbasis Kinerja
                                                                                                      Laporan Keuangan
Aspek Pemasaran                            77   Policy on Performance-Based Long-                     Financial Statements
Marketing Aspects                               Term Compensation

Kebijakan Dividen                          78   Kebijakan Pelaporan Kepemilikan         136
Dividend Policy                                 Saham Direksi dan Dewan Komisaris
                                                Policy on Reporting of Share Ownership
Realisasi Penggunaan Dana Hasil            79   by the Board of Directors and the Board
Penawaran Umum                                  of Commissioners
Use of Proceeds from Public Offering


                                                                                               PT Keramika Indonesia Assosiasi Tbk
                                                                                          2025 Annual Report & Sustainability Report                    1
Page 4

          
Page 5
   Ikhtisar
   Kinerja
   Performance
   Highlights




Lyca Grey
FT 50 x 50 cm
Page 6
Ikhtisar Keuangan
Financial Highlights


Laporan Posisi Keuangan Konsolidasian
Consolidated Statement of Financial Position
                                                                                    Dalam jutaan Rupiah, kecuali dinyatakan lain
                                                                                 In millions of Rupiah, unless otherwise specified

Uraian
Description
                                                                        2025                  2024                  2023

Jumlah Aset
                                                                         932.350                 983.701              968.386
Total Assets
Jumlah Liabilitas
                                                                          150.006                188.182               148.552
Total Liabilities
Jumlah Ekuitas
                                                                         782.344                 795.519               819.834
Total Equity


Laporan Laba Rugi dan Penghasilan Komprehensif Lain Konsolidasian
Consolidated Statement of Profit or Loss and Other Comprehensive Income
                                                                                    Dalam jutaan Rupiah, kecuali dinyatakan lain
                                                                                 In millions of Rupiah, unless otherwise specified

Uraian
Description
                                                                        2025                  2024                  2023

Pendapatan
                                                                           611.942                591.934               562.621
Revenue
Laba (Rugi) Kotor
                                                                            29.192                 20.671               (15.318)
Gross Profit (Loss)
Rugi Operasi
                                                                           (12.109)              (23.739)                (36.311)
Operating Loss
Rugi
                                                                          (11.988)               (25.094)               (33.921)
Loss
Total (Rugi) Penghasilan Komprehensif Lain
                                                                            (1.187)                   779                    754
Total Other Comprehensive (Loss) Income
Total Rugi Komprehensif
                                                                           (13.175)               (24.315)              (33.167)
Total Comprehensive Loss
Rugi yang dapat Diatribusikan kepada:
Loss Attributable to:
Pemilik Entitas Induk
                                                                          (10.439)                (25.314)              (36.221)
Owners of the Company
Kepentingan Non Pengendali
                                                                           (1.549)                     220                 2.300
Non-Controlling Interests
Jumlah
                                                                          (11.988)              (25.094)               (33.921)
Total
Jumlah Penghasilan Komprehensif Lain yang dapat Diatribusikan kepada:
Total Other Comprehensive Income Attributable to:
Pemilik Entitas Induk
                                                                            (1.184)                   778                    752
Owners of the Company
Kepentingan Non Pengendali
                                                                                  (3)                     1                     2
Non-Controlling Interests
Jumlah
                                                                           (1.187)                    779                    754
Total
Rugi Bersih per Saham
                                                                               (0,70)                (1,70)                (2,43)
Net Loss per Share




               PT Keramika Indonesia Assosiasi Tbk
4              Laporan Tahunan & Laporan Keberlanjutan 2025
Page 7
  Ikhtisar Kinerja | Performance Highlights     Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                 Analisis dan Diskusi Manajemen
 Laporan Manajemen | Management Report                                                           Laporan Keberlanjutan | Sustainability Report
                                              Management Discussion and Analysis




Laporan Arus Kas Konsolidasian
Consolidated Statement of Cash Flows
                                                                                                   Dalam jutaan Rupiah, kecuali dinyatakan lain
                                                                                                In millions of Rupiah, unless otherwise specified

Uraian
Description
                                                                                       2025                  2024                   2023

Arus Kas dari Aktivitas Operasi
                                                                                            41.010                (9.815)                62.982
Cash Flows from Operating Activities

Arus Kas dari Aktivitas Investasi
                                                                                           (6.923)              (19.299)                (11.299)
Cash Flows from Investing Activities

Arus Kas dari Aktivitas Pendanaan
                                                                                          (41.124)                37.195                   (671)
Cash Flows from Financing Activities


Rasio Keuangan dan Informasi Lain
Financial Ratio and Other Information
                                                                                                          Dalam Persen, kecuali dinyatakan lain
                                                                                                          In Percent, unless otherwise specified

Uraian
Description
                                                                                       2025                  2024                   2023

Rasio Laba (Rugi) Kotor terhadap Penjualan Bersih
                                                                                             4,77%                 3,49%                 (2,72%)
Gross Profit (Loss) to Net Sales Ratio

Rasio Laba (Rugi) Usaha terhadap Penjualan Bersih
                                                                                           (1,98%)                (4,01%)                (6,45%)
Operating Income (Loss) to Net Sales Ratio

Rasio Laba (Rugi) Bersih terhadap Penjualan Bersih
                                                                                           (1,96%)               (4,24%)                 (6,03%)
Net Income (Loss) to Net Sales Ratio

Rasio Laba (Rugi) Bersih terhadap Jumlah Aset
                                                                                           (1,29%)               (2,55%)                 (3,50%)
Return on Assets

Rasio Laba (Rugi) Bersih terhadap Ekuitas
                                                                                           (1,53%)                (3,15%)                (4,14%)
Return on Equity

Rasio Liabilitas terhadap Jumlah Aset
                                                                                           16,09%                  19,13%                15,34%
Liabilities to Total Assets Ratio

Rasio Liabilitas terhadap Ekuitas
                                                                                            19,17%                23,66%                  18,12%
Liabilities to Total Equity Ratio

Rasio Lancar
                                                                                          203,77%               175,65%                 214,61%
Current Ratio




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report                 5
Page 8
Ikhtisar Saham
Stock Highlights


                                  Harga Saham (Rupiah)                Volume             Jumlah Saham
                                   Stock Price (Rupiah)                                                        Kapitalisasi Pasar
                                                                    Perdagangan           yang Beredar
        Periode                                                                                                    (Rupiah)
                                                                  (Lembar Saham)        (Lembar Saham)
        Period                                                                                                Market Capitalization
                          Tertinggi     Terendah    Penutupan     Trading Volume          Total Shares
                                                                                                                   (Rupiah)
                           Highest       Lowest      Closing           (Share)         Outstanding (Share)

                                                                2025
Januari-Maret
                             22            17             18             15.567.100         14.929.100.000       268.723.800.000
January-March
April-Juni
                             21            16             19            15.651.800          14.929.100.000       283.652.900.000
April-June
Juli-September
                             22            0              21            10.375.900          14.929.100.000         313.511.100.000
July-September
Oktober-Desember
                             0             0              21                       0        14.929.100.000         313.511.100.000
October-December
                                                                2024
Januari-Maret
                             15            0              16             2.428.400          14.929.100.000       238.865.600.000
January-March
April-Juni
                             13            0              89             1.099.500          14.929.100.000     1.328.689.900.000
April-June
Juli-September
                             31            0              89              1.970.500         14.929.100.000     1.328.689.900.000
July-September
Oktober-Desember
                             24            0              89                615.700         14.929.100.000     1.328.689.900.000
October-December




Aksi Korporasi
Corporate Actions


Sepanjang tahun buku 2025, Perseroan tidak melaksanakan             Throughout the 2025 fiscal year, the Company did not carry
aksi korporasi apa pun, termasuk pemecahan saham (stock             out any corporate actions, including stock splits, reverse stock
split), penggabungan saham (reverse stock), dividen saham,          splits, stock dividends, bonus shares, changes in the nominal
saham bonus, perubahan nilai nominal saham, penerbitan efek         value of shares, issuance of convertible securities, or capital
bersifat konversi, maupun penambahan atau pengurangan               increases or reductions.
modal.




             PT Keramika Indonesia Assosiasi Tbk
6            Laporan Tahunan & Laporan Keberlanjutan 2025
Page 9
   Ikhtisar Kinerja | Performance Highlights        Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                      Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                              Laporan Keberlanjutan | Sustainability Report
                                                   Management Discussion and Analysis




Penghentian Sementara Perdagangan Saham
(Suspension) dan/atau Pembatalan Pencatatan
Saham (Delisting)
Suspension of Share Trading and/or Delisting


Pada tahun 2025, Perseroan tidak dikenakan sanksi berupa                   In 2025, the Company was not subject to sanctions in the form
pembatalan pencatatan saham (delisting). Namun demikian,                   of delisting. However, the Indonesia Stock Exchange temporar-
Bursa Efek Indonesia melakukan penghentian sementara per-                  ily suspended trading of the Company’s shares (suspension) on
dagangan saham Perseroan (suspension) di Pasar Reguler dan                 the Regular Market and Cash Market since Session I on July
Pasar Tunai sejak Sesi I tanggal 31 Juli 2025. Suspensi terse-             31, 2025. The suspension was imposed because the Company
but diterapkan karena Perseroan belum memenuhi Ketentuan                   has not complied with Provision V.1.1. of Exchange Regulation
V.1.1. Peraturan Bursa Nomor I-A tentang Pencatatan Saham                  Number I-A concerning the Listing of Shares and Equity Se-
dan Efek Bersifat Ekuitas Selain Saham yang Diterbitkan oleh               curities Other than Shares Issued by Listed Companies, and/or
Perusahaan Tercatat, dan/atau Ketentuan II.1. Peraturan Bursa              Provision II.1. of Exchange Regulation Number I-H concerning
Nomor I-H tentang Sanksi.                                                  Sanctions.




Penghargaan dan Sertifikasi
Awards and Certifications


Penghargaan
Awards




                                                    Top Brand Index 2025

                                           Kategori Keramik Lantai dan Keramik Dinding
                                                Floor Tile and Wall Tile Category

                                                        Penerima | Receiver: KIA
                                    Penyelenggara | Organizer: Top Brand Awards (PT Info Cahaya Hero)
                                                         Periode | Period: 2025




                                                                                               PT Keramika Indonesia Assosiasi Tbk
                                                                                          2025 Annual Report & Sustainability Report                 7
Page 10
Sertifikasi
Certifications




               SNI ISO 9001:2015                                                                                             SNI ISO 14001:2015                          ISO 45001:2018
    Lembaga Penerbit | Issuing Institution                                                                              Lembaga Penerbit | Issuing Institution   Lembaga Penerbit | Issuing Institution
                    TUV NORD Indonesia                                                                                         TUV NORD Indonesia                       TUV NORD Indonesia
        Masa Berlaku | Validity Period                                                                                      Masa Berlaku | Validity Period           Masa Berlaku | Validity Period
                                          2024-2027                                                                                 2024-2027                                    2026




                                                     CERTIFICATE of
                                                 GREEN LABEL INDONESIA
GOLD




                                                          184/GPCI - GLI/UK/VII/2025
                                                                 Awarded to :

                                     PT KERAMIKA INDONESIA ASSOSIASI, Tbk
                                                             For the Product :
                                                                      KIA
                                                                 Ubin Keramik

                                                              Plant Address :
                              Jl. Surya Lestari Kav. 1-2 Kawasan Industri Suryacipta City of Industry, Kab. Karawang,
                                                             Provinsi Jawa Barat 41363
                                                                   Validity :
                                                        07 April 2025 - 07 April 2026




           YUDIONO - CHAIRPERSON
        GREEN PRODUCT COUNCIL INDONESIA
        Jl. Ciputat Raya 27A, Pondok Pinang
        Kebayoran Lama - Jakarta Selatan 12310




                                                                                                                                                                    Sertifikat Kesesuaian
     Certificate of Green Label                                                                                              SNI ISO 13006:2018
                                                                                                                                                                      Spesifikasi Teknis
              Indonesia                                                                                                 Lembaga Penerbit | Issuing Institution
                                                                                                                            Kementerian Perindustrian                    Ubin Keramik
    Lembaga Penerbit | Issuing Institution
    Green Product Council Indonesia                                                                                            Ministry of Industry              Certificate of Conformity to
        Masa Berlaku | Validity Period                                                                                      Masa Berlaku | Validity Period       Technical Specifications for
                                          2025-2026                                                                                 2025-2030                            Ceramic Tiles
                                                                                                                                                                 Lembaga Penerbit | Issuing Institution
                                                                                                                                                                     Kementerian Perindustrian
                                                                                                                                                                        Ministry of Industry
                                                                                                                                                                     Masa Berlaku | Validity Period
                                                                                                                                                                             2025-2030




                                     PT Keramika Indonesia Assosiasi Tbk
8                                    Laporan Tahunan & Laporan Keberlanjutan 2025
Page 11
 Ikhtisar Kinerja | Performance Highlights                                                                                                               Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                                                                                                                           Analisis dan Diskusi Manajemen
Laporan Manajemen | Management Report                                                                                                                                                                     Laporan Keberlanjutan | Sustainability Report
                                                                                                                                                        Management Discussion and Analysis




                        SIRIM QAS INTERNATIONAL SDN. BHD.
                        (No. Syarikat 199601037981(410334-X))
                        1, Persiaran Dato' Menteri, Seksyen 2, Peti Surat 7035, 40700 Shah Alam, Selangor Darul Ehsan, Malaysia
                        Tel : 603-5544 6000     Emel : cserviceqas@sirim.my     www.sirim-qas.com.my




       File No                : P5-022104                                                                                  Date      : 19/03/2025
       Licence No             : PC014612


      PT KERAMIKA INDONESIA ASSOSIASI TBK
      GRAHA MOBISEL LANTAI 3 JL BUNCIT RAYA
      NO. 139, KALIBATA PANCORAN
      12740 JAKARTA SELATAN
      JAKARTA, INDONESIA


       Attn         : GUNARSO                                                                                               Tel No   : 0813 -84975330
                                                                                                                            Fax No   :-

      Dear Sir/Madam,

      Product Certification Licence

       Product      :       CERAMIC TILES
       Standard     :       MS ISO 13006 : 2020

      With regards to your request for new/renewal/changes of licence(s) under the SIRIM Product Certification Licence
      scheme, enclosed please find the copy of the licence(s) and the certification report(s) for your safe keeping.

      For enquiry, please contact

       Officer Name           : WAN AHMAD JAILANI WAN MAHMUD
       Contact No             : 6019-3617266
       Email                  : jailani@sirim.my

      Thank you.

      This is a computer generated document. No signature is required.




Product Certification License                                                                                                                           SCG Green Choice Certification                           Certified Product Quality
 Lembaga Penerbit | Issuing Institution                                                                                                                  Lembaga Penerbit | Issuing Institution                Lembaga Penerbit | Issuing Institution
      SIRIM QAS International                                                                                                                                     SCG Green Choice                             Philippine Standard Quality Mark
     Masa Berlaku | Validity Period                                                                                                                          Masa Berlaku | Validity Period                                 License
                                                                    2025                                                                                              2025-2026                                    Masa Berlaku | Validity Period
                                                                                                                                                                                                                            2025-2028




                                                                                                                                                                                                    PT Keramika Indonesia Assosiasi Tbk
                                                                                                                                                                                               2025 Annual Report & Sustainability Report                 9
Page 12
     PT Keramika Indonesia Assosiasi Tbk
10   Laporan Tahunan & Laporan Keberlanjutan 2025
Page 13
   Laporan
   Manajemen
   Management
   Report




Lunno Beige
FT 40 x 40 cm
Page 14
Laporan Dewan Komisaris
Report of the Board of Commissioners




ANUVAT CHALERMCHAI
Komisaris Utama
President Commissioner




Dewan Komisaris menilai Direksi juga telah menjalankan
pengelolaan risiko dengan tepat, baik risiko eksternal
seperti fluktuasi harga energi, persaingan, dan
ketidakpastian pasokan, maupun risiko internal terkait
operasional dan keuangan.

The Board of Commissioners also considers that the Board of
Directors has appropriately managed risks, both external risks such
as energy price fluctuations, competition, and supply uncertainty, as
well as internal risks related to operations and finance.




            PT Keramika Indonesia Assosiasi Tbk
12          Laporan Tahunan & Laporan Keberlanjutan 2025
Page 15
    Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                   Analisis dan Diskusi Manajemen
   Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                                Management Discussion and Analysis




Para Pemegang Saham dan Pemangku Kepentingan yang Kami                  Our Esteemed Shareholders and Stakeholders,
Hormati,

Dengan penuh rasa syukur, perkenankan kami selaku                       With gratitude, we as the Board of Commissioners of PT Keramika
anggota Dewan Komisaris PT Keramika Indonesia Assosiasi                 Indonesia Assosiasi Tbk (the “Company”) hereby present
Tbk (“Perseroan”) menyampaikan laporan pengawasan atas                  our supervisory report on the management of the Company
pengelolaan Perseroan sepanjang tahun 2025. Tahun ini                   throughout 2025. This year was marked by dynamic conditions
merupakan periode yang penuh dinamika dan tantangan, namun              and challenges; however, the Company was able to maintain solid
Perseroan berhasil mempertahankan performa yang solid berkat            performance through optimal execution, adaptive strategies, and
kinerja optimal, strategi yang adaptif, serta komitmen tinggi           the strong commitment of all employees, supported by the grace
seluruh insan Perseroan, yang senantiasa didukung rahmat dari           of God Almighty.
Tuhan Yang Maha Esa.

Sepanjang tahun 2025, Dewan Komisaris melakukan pengawasan              Throughout 2025, the Board of Commissioners conducted
secara menyeluruh terhadap kebijakan, strategi, operasional,            comprehensive supervision over the Company’s policies,
serta penerapan Tata Kelola Perusahaan yang Baik (GCG) dan              strategies, operations, as well as the implementation of Good
program keberlanjutan. Kami menilai bahwa Perseroan mampu               Corporate Governance (GCG) and sustainability programs. We
menghadapi tantangan eksternal maupun internal dengan                   assess that the Company was able to face both external and
tetap menjaga stabilitas usaha, meningkatkan efisiensi, dan             internal challenges while maintaining business stability, improving
menyiapkan strategi pertumbuhan yang berkesinambungan.                  efficiency, and preparing sustainable growth strategies.

Tinjauan Ekonomi dan Industri Tahun 2025                                Review of Economic and Industry Condition in 2025

Tahun 2025 menghadirkan tantangan tersendiri bagi perekonomian          The year 2025 presented significant challenges for the global
global. Ketidakpastian yang meningkat, dipicu oleh kebijakan            economy. Increased uncertainty, driven by United States tariff
tarif Amerika Serikat dan kerentanan rantai pasok, menahan laju         policies and supply chain vulnerabilities, constrained global
pertumbuhan ekonomi dunia pada kisaran 3,3% berdasarkan                 economic growth, which was estimated at 3.3% according to the
International Monetary Fund (IMF). Tingkat pertumbuhan ini              International Monetary Fund (IMF). This growth rate remained
relatif stabil dibandingkan tahun 2024, namun mencerminkan              relatively stable compared to 2024, but reflected a slowdown
perlambatan momentum pemulihan di tengah tekanan geopolitik             in recovery momentum amid geopolitical and global trade
dan perdagangan global. Meski begitu, beberapa negara, termasuk         pressures. Nevertheless, several countries, including the United
Amerika Serikat, masih mencatat perbaikan, berkat investasi di          States, still recorded improvements supported by investments in
sektor teknologi dan stimulus fiskal.                                   the technology sector and fiscal stimulus.

Di dalam negeri, perekonomian Indonesia menunjukkan                     Domestically, the Indonesian economy demonstrated resilience.
ketahanan yang cukup baik. Badan Pusat Statistik (BPS) mencatat         The Central Statistics Agency (BPS) recorded Indonesia’s
pertumbuhan ekonomi Indonesia mencapai 5,11% pada tahun                 economic growth at 5.11% in 2025, higher than the 5.03%
2025, lebih tinggi daripada capaian tahun sebelumnya sebesar            recorded in the previous year. From the production side, high
5,03%. Dari sisi produksi, sektor bernilai tambah tinggi dan            value-added sectors and mobility-related industries were key
pendukung mobilitas masyarakat menjadi sumber pertumbuhan.              drivers of growth.

Sejalan dengan pertumbuhan ekonomi yang stabil, industri                In line with stable economic growth, the domestic ceramics
keramik nasional menunjukkan tren positif. Data ASAKI mencatat          industry showed a positive trend. Data from ASAKI indicated that
tingkat utilisasi kapasitas produksi meningkat menjadi sekitar          production capacity utilization increased to around 73% in 2025,
73% pada tahun 2025 dari 66% pada tahun sebelumnya.                     up from 66% in the previous year. Meanwhile, production volume
Sementara itu, volume produksi mencapai 474,5 juta meter                reached 474.5 million square meters in 2025, compared to 412
persegi pada tahun 2025 yang meningkat dari 412 juta meter              million square meters in 2024. Domestic demand, particularly
persegi pada tahun 2024. Permintaan domestik, terutama dari             from residential construction and property sectors, remained the
sektor konstruksi perumahan dan properti, menjadi pendorong             main driver. Government policy support, including strengthened
utama. Dukungan kebijakan pemerintah, termasuk penguatan                national standards and trade safeguard instruments, also
standar nasional dan instrumen pengamanan perdagangan, turut            contributed to enhancing the competitiveness of local producers.
memperkuat daya saing produsen lokal.

Meski demikian, industri keramik masih menghadapi tekanan,              However, the ceramics industry continued to face pressures,
antara lain dari produk impor, pasokan gas yang terbatas, dan           including from imported products, limited gas supply, and
fluktuasi harga bahan baku. Aktivitas ekspor tetap berjalan,            fluctuations in raw material prices. Export activities continued,
meskipun kontribusinya relatif kecil. Pelaku industri terus             although their contribution remained relatively small. Industry
melakukan investasi terukur, fokus pada efisiensi, keandalan            players continued to make measured investments, focusing on
pasokan, dan adopsi teknologi modern agar tetap kompetitif di           efficiency, supply reliability, and adoption of modern technologies
pasar domestik maupun internasional.                                    to remain competitive in both domestic and international markets.

Secara keseluruhan, kondisi ekonomi dan industri keramik                Overall, the economic and ceramics industry conditions in 2025
pada 2025 menawarkan peluang sekaligus tantangan. Dewan                 presented both opportunities and challenges. The Board of
Komisaris menilai bahwa penguatan koordinasi antara kebijakan           Commissioners believes that stronger coordination between
pemerintah, stabilitas makroekonomi, dan inovasi dalam industri         government policy, macroeconomic stability, and industry
akan menjadi kunci untuk meningkatkan kapasitas produksi,               innovation will be key to improving production capacity, expanding
memperluas pangsa pasar, dan mendorong pertumbuhan yang                 market share, and driving sustainable growth.
berkelanjutan.



                                                                                            PT Keramika Indonesia Assosiasi Tbk
                                                                                       2025 Annual Report & Sustainability Report                 13
Page 16
Evaluasi atas Kinerja Direksi Tahun 2025                             Evaluation of the Board of Directors’ Performance
                                                                     in 2025

Dewan Komisaris secara aktif menjalankan fungsi pengawasan           The Board of Commissioners actively carried out its supervisory
terhadap kebijakan dan pengelolaan Perseroan yang dilakukan          function over the policies and management of the Company
Direksi sepanjang tahun 2025. Pengawasan dilakukan melalui           conducted by the Board of Directors throughout 2025.
pemantauan berkala, penelaahan laporan manajemen, serta              Supervision was conducted through periodic monitoring, review
diskusi dan evaluasi berkesinambungan, dengan tujuan                 of management reports, as well as continuous discussions and
memastikan bahwa seluruh aktivitas Perseroan berjalan sejalan        evaluations, with the objective of ensuring that all Company
dengan rencana kerja, ketentuan yang berlaku, serta kepentingan      activities were aligned with the work plan, applicable regulations,
jangka panjang Perseroan.                                            and the Company’s long-term interests.

Di tengah dinamika industri keramik nasional dan kondisi             Amid the dynamics of the national ceramics industry and
ekonomi yang menantang, Dewan Komisaris menilai Direksi              challenging economic conditions, the Board of Commissioners
telah menunjukkan konsistensi dan komitmen dalam menjaga             assesses that the Board of Directors has demonstrated
stabilitas usaha dan memperbaiki kinerja Perseroan. Langkah-         consistency and commitment in maintaining business stability
langkah strategis Direksi, khususnya dalam penguatan strategi        and improving the Company’s performance. The strategic
pemasaran dan distribusi, pengendalian biaya, peningkatan            initiatives undertaken by the Board of Directors, particularly in
kualitas produk, serta adaptasi terhadap perubahan pasar,            strengthening marketing and distribution strategies, cost control,
dinilai telah memberikan dampak positif terhadap arah kinerja        product quality improvement, and adaptation to changing market
Perseroan secara keseluruhan.                                        conditions, are considered to have had a positive impact on the
                                                                     Company’s overall performance direction.

Secara finansial, Perseroan mencatat pendapatan sebesar              From a financial perspective, the Company recorded revenue
Rp611,9 miliar pada tahun 2025, menunjukkan perbaikan                of Rp611.9 billion in 2025, showing an improvement compared
dibandingkan capaian tahun sebelumnya, meskipun belum                to the previous year, although it has not yet fully met the initial
sepenuhnya mencapai target awal. Rugi bersih berhasil ditekan        target. Net loss was reduced to Rp12 billion, better than in 2024.
hingga mencapai Rp12 miliar, lebih baik dibandingkan tahun 2024.     These results reflect the effectiveness of cost management and
Hasil ini mencerminkan efektivitas pengelolaan biaya dan efisiensi   operational efficiency implemented by the Board of Directors and
operasional yang dijalankan Direksi dan menjadi indikator bahwa      serve as an indication that the strategic measures taken are on
langkah-langkah strategis Direksi berada pada jalur yang tepat       the right track and support the strengthening of the Company’s
dan mendukung penguatan fundamental usaha Perseroan.                 fundamental business position.

Dari sisi operasional, Dewan Komisaris menilai Direksi telah         From an operational standpoint, the Board of Commissioners
mengambil langkah adaptif terhadap perubahan kondisi internal        considers that the Board of Directors has taken adaptive measures
dan eksternal, termasuk penyesuaian kapasitas produksi,              in response to changes in both internal and external conditions,
koordinasi distribusi, serta pengelolaan sumber daya yang efisien.   including production capacity adjustments, distribution
Upaya ini turut mendukung tercapainya stabilitas operasional         coordination, and efficient resource management. These efforts
dan kelancaran penyediaan produk bagi pelanggan, sekaligus           have contributed to operational stability and the smooth supply of
memperkuat daya saing Perseroan di tengah tantangan industri.        products to customers, while also strengthening the Company’s
                                                                     competitiveness amid industry challenges.

Dewan Komisaris menilai Direksi juga telah menjalankan               The Board of Commissioners also considers that the Board of
pengelolaan risiko dengan tepat, baik risiko eksternal seperti       Directors has appropriately managed risks, both external risks
fluktuasi harga energi, persaingan, dan ketidakpastian pasokan,      such as energy price fluctuations, competition, and supply
maupun risiko internal terkait operasional dan keuangan. Respons     uncertainty, as well as internal risks related to operations and
Direksi dinilai proporsional dan sejalan dengan kepentingan          finance. The responses taken by the Board of Directors are
jangka panjang Perseroan, meski masih terdapat ruang untuk           deemed proportionate and aligned with the Company’s long-term
penyempurnaan lebih lanjut.                                          interests, although there remains room for further improvement.

Secara keseluruhan, Dewan Komisaris menilai kinerja Direksi          Overall, the Board of Commissioners assesses that the
sepanjang tahun 2025 berada pada jalur positif, menunjukkan          performance of the Board of Directors throughout 2025 is on a
perbaikan berkesinambungan dibandingkan tahun sebelumnya.            positive trajectory, showing continuous improvement compared
Ke depan, Dewan Komisaris mendorong Direksi untuk terus              to the previous year. Going forward, the Board of Commissioners
meningkatkan kualitas pengelolaan usaha, memperkuat daya             encourages the Board of Directors to further enhance the
saing, dan menjaga konsistensi pencapaian kinerja yang sehat         quality of business management, strengthen competitiveness,
dan berkelanjutan, demi memberikan nilai tambah bagi seluruh         and maintain consistent achievement of sound and sustainable
pemangku kepentingan.                                                performance, in order to deliver added value to all stakeholders.

Pengawasan Dewan Komisaris atas Perumusan dan                        Supervision by the Board of Commissioners
Pelaksanaan Strategi Perseroan                                       over the Formulation and Implementation of the
                                                                     Company’s Strategy

Dewan Komisaris menjalankan fungsi pengawasan tidak hanya            The Board of Commissioners performs its supervisory function
pada hasil kinerja, tetapi juga pada proses perumusan serta          not only on performance outcomes, but also on the formulation
pelaksanaan strategi yang dijalankan oleh Direksi. Pengawasan        process and implementation of strategies carried out by the Board
ini bertujuan untuk memastikan bahwa setiap kebijakan strategis      of Directors. This supervision aims to ensure that every strategic
yang diambil telah melalui pertimbangan yang matang, sejalan         policy adopted has been carefully considered, is aligned with the


               PT Keramika Indonesia Assosiasi Tbk
 14            Laporan Tahunan & Laporan Keberlanjutan 2025
Page 17
    Ikhtisar Kinerja | Performance Highlights     Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                    Analisis dan Diskusi Manajemen
   Laporan Manajemen | Management Report                                                           Laporan Keberlanjutan | Sustainability Report
                                                 Management Discussion and Analysis




dengan arah jangka panjang Perseroan, serta mampu menjawab               Company’s long-term direction, and is capable of responding to
dinamika eksternal dan kondisi internal yang berkembang                  evolving external dynamics and internal conditions throughout
sepanjang tahun 2025.                                                    2025.

Dalam proses perumusan strategi, Dewan Komisaris secara aktif            In the strategy formulation process, the Board of Commissioners
terlibat melalui diskusi strategis bersama Direksi, khususnya            is actively involved through strategic discussions with the Board
dalam membahas asumsi bisnis, prioritas pengembangan usaha,              of Directors, particularly in deliberating business assumptions,
pengelolaan risiko, serta implikasi finansial dari strategi yang         business development priorities, risk management, and the
direncanakan. Melalui mekanisme tersebut, Dewan Komisaris                financial implications of the planned strategies. Through this
memberikan pandangan, masukan, dan rekomendasi yang                      mechanism, the Board of Commissioners provides constructive
bersifat konstruktif guna memperkuat kualitas pengambilan                views, inputs, and recommendations to strengthen the quality of
keputusan strategis oleh Direksi.                                        strategic decision-making by the Board of Directors.

Selanjutnya, pada tahap implementasi, Dewan Komisaris                    Furthermore, at the implementation stage, the Board of
melakukan pemantauan secara berkelanjutan terhadap                       Commissioners continuously monitors the execution of the
pelaksanaan strategi dan kebijakan strategis Perseroan.                  Company’s strategies and strategic policies. This monitoring
Pemantauan ini dilakukan melalui rapat gabungan Dewan                    is carried out through joint meetings between the Board of
Komisaris dan Direksi, penelaahan laporan kinerja operasional            Commissioners and the Board of Directors, periodic reviews of
dan keuangan secara berkala, serta pembahasan khusus atas                operational and financial performance reports, as well as specific
isu-isu strategis yang memerlukan perhatian lebih lanjut. Dengan         discussions on strategic issues requiring further attention.
pendekatan tersebut, Dewan Komisaris memastikan bahwa                    Through this approach, the Board of Commissioners ensures that
pelaksanaan strategi berjalan sesuai dengan rencana yang telah           strategy implementation is in line with the established plans, while
ditetapkan, sekaligus tetap adaptif terhadap perubahan kondisi           remaining adaptive to changes in market and industry conditions.
pasar dan industri.

Peran pengawasan Dewan Komisaris juga didukung oleh                      The supervisory role of the Board of Commissioners is also
keberadaan komite-komite di bawah Dewan Komisaris, yaitu                 supported by committees under the Board of Commissioners,
Komite Audit, serta Komite Nominasi dan Remunerasi. Melalui              namely the Audit Committee and the Nomination and
fungsi dan ruang lingkup kerja masing-masing, komite-komite              Remuneration Committee. Through their respective functions
tersebut membantu Dewan Komisaris dalam menelaah aspek                   and scopes of work, these committees assist the Board of
pengendalian internal, kepatuhan terhadap regulasi, kinerja              Commissioners in reviewing internal control aspects, regulatory
keuangan, serta efektivitas pengelolaan sumber daya manusia.             compliance, financial performance, and the effectiveness of
Sinergi antara Dewan Komisaris, Direksi, dan komite-komite ini           human resource management. The synergy among the Board of
menjadi elemen penting dalam menjaga kualitas tata kelola dan            Commissioners, the Board of Directors, and these committees
implementasi strategi Perseroan.                                         constitutes an important element in maintaining the quality of
                                                                         governance and the implementation of the Company’s strategies.

Dengan pengawasan yang dilakukan secara menyeluruh dan                   With comprehensive and continuous supervision, the Board of
berkesinambungan, Dewan Komisaris menilai bahwa Perseroan                Commissioners assesses that the Company is able to execute
dapat menjalankan strategi usahanya dengan lebih terarah,                its business strategy in a more directed manner, manage risks
risiko yang dihadapi dapat dikelola secara prudent, serta peluang        prudently, and capitalize on growth opportunities. Going forward,
pertumbuhan dapat dimanfaatkan secara optimal. Ke depan,                 the Board of Commissioners remains committed to further
Dewan Komisaris berkomitmen untuk terus memperkuat fungsi                strengthening its supervisory function to ensure that the Company
pengawasan strategis agar Perseroan senantiasa berada pada               continues to be on a path of healthy and sustainable growth, and
jalur pertumbuhan yang sehat, berkelanjutan, dan mampu                   deliver added value to shareholders and all stakeholders.
menciptakan nilai tambah bagi pemegang saham serta seluruh
pemangku kepentingan.

Pandangan Dewan Komisaris atas Penguatan Tata                            The Board of Commissioners’ Perspective on
Kelola Perseroan                                                         Strengthening the Corporate Governance

Dewan Komisaris memandang bahwa penerapan Tata Kelola                    The Board of Commissioners considers that the implementation
Perusahaan sepanjang tahun 2025 telah berjalan secara                    of Good Corporate Governance throughout 2025 has been
konsisten dan terarah, serta memberikan kontribusi penting               carried out consistently and in a structured manner, and has
dalam menjaga stabilitas dan keberlanjutan usaha Perseroan.              made an important contribution to maintaining the stability
Tata kelola yang diterapkan menjadi landasan dalam setiap                and sustainability of the Company’s business. The governance
pengambilan keputusan strategis dan pelaksanaan kegiatan                 framework serves as the foundation for every strategic decision-
operasional, sehingga Perseroan mampu menjalankan usaha                  making process and the execution of operational activities,
secara bertanggung jawab, terukur, dan selaras dengan                    enabling the Company to conduct its business in a responsible,
kepentingan pemangku kepentingan.                                        measured manner and in alignment with the interests of
                                                                         stakeholders.

Sepanjang tahun pelaporan, Direksi bersama seluruh insan                 Throughout the reporting year, the Board of Directors,
Perseroan terus melakukan berbagai penyempurnaan dalam                   together with all employees of the Company, has continued to
sistem pengendalian internal, pengelolaan risiko, serta kepatuhan        implement various improvements in the internal control system,
terhadap ketentuan peraturan perundang-undangan yang berlaku.            risk management, and compliance with applicable laws and
Upaya tersebut dinilai Dewan Komisaris telah memperkuat                  regulations. The Board of Commissioners views these efforts as




                                                                                             PT Keramika Indonesia Assosiasi Tbk
                                                                                        2025 Annual Report & Sustainability Report                 15
Page 18
struktur tata kelola dan meningkatkan kesiapan Perseroan dalam       having strengthened the governance structure and enhanced the
merespons dinamika industri serta tantangan eksternal yang           Company’s readiness to respond to evolving industry dynamics
berkembang. Penerapan tata kelola yang baik juga tercermin dari      and external challenges. The implementation of good governance
terjaganya disiplin operasional, transparansi proses bisnis, serta   is also reflected in maintained operational discipline, business
lingkungan kerja yang kondusif dan terkendali.                       process transparency, and a conducive and controlled working
                                                                     environment.

Sebagai perusahaan terbuka, Perseroan telah melaksanakan             As a publicly listed company, the Company has fulfilled its
kewajibannya dengan baik melalui penyampaian informasi yang          obligations properly through the timely and transparent disclosure
transparan dan tepat waktu kepada publik, pelaksanaan Rapat          of information to the public, the conduct of the General Meeting
Umum Pemegang Saham serta Public Expose Tahunan sesuai               of Shareholders and the Annual Public Expose in accordance with
ketentuan, serta penguatan peran organ-organ tata kelola dalam       applicable regulations, as well as the strengthening of the roles
menjalankan fungsi dan tanggung jawabnya masing-masing.              of governance organs in carrying out their respective functions
Dewan Komisaris menilai langkah-langkah tersebut berperan            and responsibilities. The Board of Commissioners considers that
penting dalam menjaga kepercayaan pemegang saham dan                 these measures have played an important role in maintaining
reputasi Perseroan di mata publik.                                   shareholder trust and the Company’s reputation in the public eye.

Ke depan, Dewan Komisaris akan terus mengawal dan mendorong          Going forward, the Board of Commissioners will continue
penguatan praktik tata kelola Perseroan secara berkelanjutan,        to oversee and encourage the strengthening of governance
termasuk melalui evaluasi berkala atas efektivitas kebijakan         practices on a sustainable basis, including through periodic
dan mekanisme yang telah diterapkan. Dengan tata kelola              evaluations of the effectiveness of existing policies and
yang semakin matang dan adaptif, Dewan Komisaris meyakini            mechanisms. With increasingly mature and adaptive governance,
Perseroan memiliki fondasi yang kuat untuk meningkatkan daya         the Board of Commissioners believes that the Company has a
saing, menciptakan nilai jangka panjang bagi pemegang saham,         strong foundation to enhance competitiveness, create long-term
serta memberikan kontribusi yang berkelanjutan bagi seluruh          value for shareholders, and deliver sustainable contributions to all
pemangku kepentingan.                                                stakeholders.

Pandangan Dewan Komisaris atas Prospek Usaha                         The Board of Commissioners’ View on the 2026
2026                                                                 Business Prospects

Berdasarkan World Economic Outlook 2026 yang dirilis oleh            Based on the World Economic Outlook 2026 published by the
International Monetary Fund (IMF), pertumbuhan ekonomi global        International Monetary Fund (IMF), global economic growth
diproyeksikan mencapai 3,3% pada tahun 2026 dan sedikit              is projected to reach 3.3% in 2026 and to slightly moderate
melambat menjadi 3,2% pada tahun 2027. Proyeksi ini mengalami        to 3.2% in 2027. This projection represents a modest upward
revisi terbatas ke atas dibandingkan laporan IMF sebelumnya,         revision compared to the IMF’s previous report, supported by
didukung oleh peningkatan investasi teknologi, dukungan              increased investment in technology, fiscal and monetary policy
kebijakan fiskal dan moneter, kondisi keuangan yang relatif          support, relatively accommodative financial conditions, and the
akomodatif, serta kemampuan sektor swasta dalam beradaptasi,         private sector’s adaptability, which in general is able to offset the
yang secara umum mampu mengimbangi dampak perubahan                  impact of changes in global trade policies. As stated in the 2025
kebijakan perdagangan global. Sebagaimana tertuang dalam             Indonesia Economic Report published by Bank Indonesia, on the
dalam Laporan Perekonomian Indonesia 2025 yang dirilis Bank          domestic front, Indonesia’s economy is projected to grow in the
Indonesia, di sisi domestik, perekonomian Indonesia diperkirakan     range of 4.9%–5.7%, supported by sustained domestic demand
tumbuh antara 4,9%–5,7%, sejalan dengan permintaan domestik          and the monetary and macroprudential policy mix implemented
yang terjaga dan bauran kebijakan moneter serta makroprudensial      by Bank Indonesia. The Board of Commissioners considers
Bank Indonesia. Dewan Komisaris menilai tren ini memerlukan          that these trends require close monitoring of both external and
pengawasan cermat terhadap risiko eksternal dan domestik agar        domestic risks to ensure that the Company’s strategies remain
strategi Perseroan tetap selaras dengan kondisi makroekonomi         aligned with evolving macroeconomic conditions.
yang berubah.

Di sektor industri keramik nasional, tren diperkirakan tetap         In the national ceramics industry, the outlook for 2026 is expected
positif pada 2026. Asosiasi Aneka Industri Keramik Indonesia         to remain positive. The Indonesian Ceramics Industry Association
(ASAKI) memperkirakan tingkat utilisasi kapasitas produksi           (ASAKI) projects that production capacity utilization may increase
dapat meningkat hingga sekitar 80%, didukung oleh percepatan         to around 80%, supported by the acceleration of housing
program pembangunan perumahan serta penerapan kebijakan              development programs and the implementation of protective
proteksi pasar, termasuk bea masuk antidumping dan standar           market policies, including anti-dumping duties and national
nasional produk keramik. Proyeksi investasi industri keramik         standards for ceramic products. Investment in the national
nasional diperkirakan mencapai sekitar Rp5 triliun untuk ekspansi    ceramics industry is projected to reach approximately Rp 5 trillion
kapasitas dan modernisasi fasilitas produksi. Dewan Komisaris        for capacity expansion and production facility modernization. The
mencermati proyeksi tersebut sebagai indikator pertumbuhan           Board of Commissioners views these projections as indicators
industri yang relevan bagi strategi Perseroan, terutama dalam        of industry growth that are relevant to the Company’s strategy,
hal penyesuaian kapasitas, pengembangan produk, dan peluang          particularly in relation to capacity adjustments, product
kolaborasi dengan pelaku industri lainnya.                           development, and collaboration opportunities with other industry
                                                                     players.

Dalam konteks peluang pertumbuhan, Dewan Komisaris                   In terms of growth opportunities, the Board of Commissioners
menilai bahwa Perseroan memiliki potensi di beberapa area:           considers that the Company has potential in several areas,
ekspansi produk dan lini baru untuk memenuhi permintaan              including product and line expansion to meet increasing domestic




               PT Keramika Indonesia Assosiasi Tbk
 16            Laporan Tahunan & Laporan Keberlanjutan 2025
Page 19
   Ikhtisar Kinerja | Performance Highlights      Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                    Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                            Laporan Keberlanjutan | Sustainability Report
                                                 Management Discussion and Analysis




domestik yang meningkat, perluasan pasar dan distribusi di               demand, market and distribution expansion in underutilized
wilayah yang pemanfaatannya masih rendah, serta kolaborasi               regions, and strategic collaboration with housing development
strategis dengan program pembangunan perumahan dan                       programs and supportive government policies. The Board of
kebijakan pemerintah yang mendukung. Dewan Komisaris                     Commissioners emphasizes the importance of ensuring that
menekankan perlunya pengawasan agar setiap peluang dapat                 these opportunities are implemented effectively.
diimplementasikan secara efektif.

Meski demikian, terdapat sejumlah tantangan utama yang perlu             Nevertheless, several key challenges need to be anticipated.
diantisipasi. Tekanan harga energi, ketidakpastian pasokan               Pressure from energy costs, uncertainty in raw material
bahan baku, persaingan dengan produk impor, dan dinamika                 supply, competition from imported products, and fluctuations
permintaan konsumen menjadi faktor eksternal yang berpotensi             in consumer demand are external factors that may affect the
memengaruhi kinerja Perseroan. Di sisi internal, peningkatan             Company’s performance. Internally, improving operational
efisiensi operasional, transformasi digital, dan pengembangan            efficiency, advancing digital transformation, and developing
kompetensi sumber daya manusia tetap menjadi fokus.                      human resource competencies remain key focuses. The Board
Dewan Komisaris menilai strategi mitigasi risiko Direksi,                of Commissioners considers that the Board of Directors’ risk
termasuk penguatan manajemen rantai pasok, optimalisasi                  mitigation strategies, including strengthening supply chain
biaya, peningkatan kapabilitas teknologi dan digital, serta              management, optimizing costs, enhancing technological and
pengembangan SDM adaptif, sudah tepat dan sejalan dengan                 digital capabilities, and developing an adaptive workforce, are
tujuan pengelolaan risiko Perseroan. Namun, efektivitas                  appropriate and aligned with the Company’s risk management
implementasi strategi ini perlu terus dievaluasi dan dipantau            objectives. However, the effectiveness of the implementation of
sepanjang tahun.                                                         these strategies must continue to be evaluated and monitored
                                                                         throughout the year.

Berdasarkan pengawasan yang dilakukan, Dewan Komisaris                   Based on its supervisory assessment, the Board of
menegaskan bahwa dengan landasan ekonomi yang relatif                    Commissioners affirms that, supported by a relatively stable
stabil, dukungan kebijakan pemerintah, dan strategi usaha                economic foundation, government policy support, and a
yang responsif, Perseroan berada pada posisi yang tepat untuk            responsive business strategy, the Company is well positioned to
memanfaatkan peluang dan menghadapi tantangan secara                     capitalize on opportunities and effectively address challenges.
efektif. Kami akan terus memantau pencapaian kinerja dan                 We will continue to monitor performance achievements and
implementasi strategi agar pertumbuhan usaha yang sehat,                 strategy implementation to ensure that healthy and sustainable
berkelanjutan, dan memberikan nilai tambah bagi pemegang                 business growth, as well as value creation for shareholders and
saham serta pemangku kepentingan dapat tercapai sepanjang                stakeholders, can be achieved throughout 2026.
tahun 2026.

Apresiasi                                                                Appreciation

Sepanjang 2025, Perseroan menunjukkan ketangguhan dan                    Throughout 2025, the Company demonstrated resilience and
konsistensi dalam menghadapi tantangan industri dan ekonomi.             consistency in facing industry and economic challenges. The
Dewan Komisaris mengapresiasi dedikasi Direksi, manajemen,               Board of Commissioners would like to express its appreciation
dan seluruh insan Perseroan yang telah menjaga kinerja, inovasi,         for the dedication of the Board of Directors, management, and
dan tata kelola yang kuat.                                               all employees of the Company in maintaining performance,
                                                                         innovation, and strong governance practices.

Terima kasih kami sampaikan juga kepada para pemegang                    We would also like to extend our gratitude to the shareholders,
saham, mitra bisnis, dan seluruh karyawan atas kerja sama dan            business partners, and all employees for their cooperation and
dukungan yang telah diberikan. Upaya ini menjadi landasan bagi           support. These efforts serve as a foundation for the Company to
Perseroan untuk terus tumbuh secara adaptif dan tangguh.                 continue growing in an adaptive and resilient manner.

Untuk ke depannya, Dewan Komisaris menegaskan komitmennya                Moving forward, the Board of Commissioners reaffirms
untuk terus mendampingi Perseroan dalam menjaga tata kelola              its commitment to continuously support the Company in
Perusahaan yang baik (GCG), dan memastikan keberlanjutan                 maintaining Good Corporate Governance (GCG) and ensuring
bisnis jangka panjang.                                                   long-term business sustainability.



                                                          Jakarta, April 2026
                                                    Atas Nama Dewan Komisaris,
                                               On Behalf of the Board of Commissioners




                                                        Anuvat Chalermchai
                                                          Komisaris Utama
                                                       President Commissioner




                                                                                             PT Keramika Indonesia Assosiasi Tbk
                                                                                        2025 Annual Report & Sustainability Report                 17
Page 20
Laporan Direksi
Report of the Board of Directors




BOONYARIT JAIYA
Direktur Utama
President Director




Secara keseluruhan, Direksi memandang capaian kinerja
tahun 2025 sebagai hasil yang cukup konstruktif dan
merefleksikan efektivitas langkah-langkah perbaikan
yang telah dijalankan, meskipun masih terdapat ruang
peningkatan untuk mencapai target yang lebih optimal.

Overall, the Board of Directors views the 2025 performance as
constructive and reflective of the effectiveness of the improvement
measures implemented, although there remains room for further
enhancement to achieve more optimal targets.




             PT Keramika Indonesia Assosiasi Tbk
18           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 21
   Ikhtisar Kinerja | Performance Highlights     Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                   Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                           Laporan Keberlanjutan | Sustainability Report
                                                Management Discussion and Analysis




Para Pemegang Saham dan Pemangku Kepentingan yang                       Our Valued Shareholders and Stakeholders,
Kami Hormati,


Kami merasa gembira karena PT Keramika Indonesia Assosiasi              We are pleased that PT Keramika Indonesia Assosiasi Tbk (the
Tbk (“Perseroan”) dapat menyelesaikan tahun buku 2025                   “Company”) successfully closed the 2025 financial year on a
dengan baik. Pada kesempatan ini, kami selaku jajaran Direksi           solid footing. On this occasion, we, as the Board of Directors,
ingin menyampaikan laporan kinerja serta pelaksanaan                    would like to present the Company’s performance report and
pengelolaan operasional Perseroan sepanjang tahun 2025                  the execution of its operational management throughout 2025
kepada para pemegang saham dan seluruh pemangku                         to our shareholders and all stakeholders.
kepentingan.


Tahun 2025 menjadi periode penting bagi Perseroan dalam                 The year 2025 marked an important period for the Company in
memperkuat ketahanan dan daya saing usaha. Dengan                       strengthening its resilience and competitive position. Supported
kapasitas produksi yang terus meningkat, dukungan kebijakan             by increasing production capacity, government policy support,
pemerintah, serta momentum pembangunan perumahan                        and momentum from national housing development programs,
nasional, Perseroan bergerak proaktif dalam menghadirkan                the Company proactively advanced its efforts in delivering
produk berkualitas, memperluas jaringan distribusi, serta               high-quality products, expanding its distribution network, and
mengembangkan inovasi layanan guna merespons dinamika                   developing service innovations to respond to evolving market
pasar secara adaptif dan berkelanjutan.                                 dynamics in an adaptive and sustainable manner.


Kondisi Makroekonomi dan Tren Industri Keramik                          Macroeconomic Condition and Ceramic Industry
                                                                        Trend

Di tengah meningkatnya ketidakpastian global, pertumbuhan               Amid rising global uncertainty, world economic growth in 2025
ekonomi dunia pada tahun 2025 diperkirakan berada pada                  was estimated at around 3.3%, according to the International
kisaran 3,3% berdasarkan International Monetary Fund (IMF).             Monetary Fund (IMF). This level was broadly in line with the
Capaian ini relatif sejalan dengan tahun sebelumnya, namun              previous year; however, it reflects limited room for further
mencerminkan terbatasnya ruang akselerasi pertumbuhan                   acceleration due to ongoing reciprocal tariff policies by the
akibat berlanjutnya kebijakan tarif resiprokal Amerika Serikat          United States and persistent vulnerabilities in global supply
serta kerentanan rantai pasok global. Pertumbuhan ekonomi               chains. Economic growth in Japan, China, and India in 2025 was
Jepang, Tiongkok, dan India pada 2025 juga diprakirakan                 also projected to moderate due to weaker domestic demand and
melambat akibat pelemahan permintaan domestik dan ekspor,               exports, despite increased investment in technology sectors,
meskipun investasi di sektor teknologi, termasuk artificial             including artificial intelligence (AI), particularly in countries
intelligence (AI), meningkat di beberapa negara seperti Amerika         such as the United States. These conditions underscored the
Serikat. Kondisi ini menuntut kewaspadaan terhadap dinamika             need for heightened vigilance toward external dynamics that
eksternal yang berpotensi memengaruhi stabilitas ekonomi                may affect global economic stability, as highlighted in Bank
global, sebagaimana dicatat dalam siaran pers Bank Indonesia.           Indonesia’s press releases.


Di tingkat nasional, perekonomian Indonesia menunjukkan                 At the domestic level, Indonesia’s economy continued to
ketahanan yang cukup baik sepanjang tahun 2025.                         demonstrate resilience throughout 2025. According to data
Berdasarkan data Badan Pusat Statistik, ekonomi Indonesia               from Statistics Indonesia (BPS), the national economy grew by
tahun 2025 tumbuh sebesar 5,11%, lebih tinggi dibandingkan              5.11% in 2025, higher than the 5.03% growth recorded in 2024
capaian tahun 2024 yang mengalami pertumbuhan sebesar                   (c-to-c). Growth was recorded across most industry sectors,
5,03% (c-to-c). Pertumbuhan terjadi pada hampir seluruh                 except Mining and Quarrying, which contracted by 0.66%.
lapangan usaha, kecuali Pertambangan dan Penggalian yang
terkontraksi sebesar 0,66% .


Di tengah ketahanan perekonomian nasional yang terjaga                  Amid the sustained resilience of the national economy, the
sepanjang 2025, industri keramik nasional menunjukkan                   domestic ceramic industry posted a stronger performance
perbaikan kinerja yang lebih solid sepanjang tahun 2025.                throughout 2025. Based on data from the Indonesian Ceramic
Berdasarkan data Asosiasi Aneka Industri Keramik Indonesia              Industry Association (ASAKI), average industry production
(ASAKI), rata-rata tingkat utilisasi kapasitas produksi industri        capacity utilization increased to 73%, higher than the 66%
keramik meningkat hingga 73%, lebih tinggi dibandingkan                 recorded in the previous year. This improvement drove national
capaian tahun sebelumnya sebesar 66%. Peningkatan utilisasi             ceramic production volume to approximately 474.5 million
tersebut mendorong pertumbuhan volume produksi industri                 square meters in 2025, up from 412 million square meters in




                                                                                            PT Keramika Indonesia Assosiasi Tbk
                                                                                       2025 Annual Report & Sustainability Report                 19
Page 22
keramik nasional menjadi sekitar 474,5 juta meter persegi         the previous year, reflecting a recovery in industrial activity
pada tahun 2025 dari capaian tahun sebelumnya sebesar             despite ongoing structural challenges.
412 juta meter persegi. Hal ini mencerminkan pemulihan
aktivitas industri di tengah tantangan struktural yang masih
berlangsung.


Permintaan domestik tetap menjadi penopang utama kinerja          Domestic demand remained the primary growth driver,
industri, khususnya yang berasal dari sektor konstruksi           particularly from the residential construction and property
perumahan dan properti. Dukungan kebijakan pemerintah             sectors. Government policy support for the industry,
yang bersifat pro-industri, termasuk penerapan instrumen          including trade safeguard measures and the enforcement of
pengamanan perdagangan dan kewajiban Standar Nasional             Indonesian National Standards (SNI), further strengthened
Indonesia (SNI), turut memperkuat daya saing produsen             the competitiveness of local manufacturers and encouraged
dalam negeri serta mendorong skema kerja sama produksi            production collaboration schemes between importers and
antara pelaku impor dan produsen lokal. Dinamika tersebut         domestic producers. These developments highlight the
memperlihatkan kemampuan industri keramik nasional dalam          industry’s ability to adapt to changes in market structure and
beradaptasi terhadap perubahan struktur pasar dan pola            demand patterns.
permintaan.


Di sisi lain, industri keramik nasional masih menghadapi          On the other hand, the domestic ceramic industry continued to
sejumlah tantangan yang perlu dikelola secara berkelanjutan.      face several challenges that require sustained management.
Tekanan dari produk impor tetap membayangi, seiring               Competitive pressure from imported products remains
meningkatnya volume impor dari beberapa negara produsen           significant, driven by rising import volumes from key producing
utama. Selain itu, keterbatasan pasokan dan volatilitas harga     countries. In addition, limitations in gas supply and volatility
gas industri, termasuk belum optimalnya realisasi Harga           in industrial gas prices, including suboptimal implementation
Gas Bumi Tertentu (HGBT) di sejumlah wilayah, memberikan          of the Certain Natural Gas Price (HGBT) scheme in certain
dampak terhadap struktur biaya produksi. Fluktuasi harga          regions, have affected cost structures. Fluctuations in key raw
bahan baku utama seperti tanah liat dan bahan penolong            material prices, such as clay and other supporting materials,
lainnya juga menjadi faktor yang mempengaruhi margin usaha.       have also impacted business margins.


Sementara itu, aktivitas ekspor produk keramik nasional tetap     Meanwhile, ceramic exports continued to operate, although
berjalan meskipun kontribusinya relatif terbatas terhadap         their contribution to total production remained relatively
total produksi. Secara keseluruhan, sepanjang tahun 2025,         limited. Overall, throughout 2025, the domestic ceramic
industri keramik nasional memperlihatkan ketahanan dan            industry demonstrated improved resilience and adaptability,
daya adaptasi yang lebih baik, dengan pelaku usaha tetap          with industry players continuing to pursue selective
melanjutkan investasi secara selektif, terutama yang berfokus     investments focused on operational efficiency improvements,
pada peningkatan efisiensi operasional, keandalan pasokan,        supply reliability, and the adoption of production technologies
serta adopsi teknologi produksi untuk memperkuat daya saing       to strengthen long-term competitiveness.
jangka menengah dan panjang.


Secara keseluruhan, kondisi ekonomi dan tren industri keramik     In conclusion, the economic conditions and ceramic industry
pada 2025 membuka peluang serta tantangan yang perlu              trends in 2025 present both opportunities and challenges that
dijawab oleh pelaku industri seperti Perseroan melalui strategi   must be addressed by industry players such as the Company
adaptif dan inovasi yang tepat. Perbaikan koordinasi antara       through adaptive strategies and appropriate innovation.
kebijakan pemerintah, stabilitas makroekonomi, dan penguatan      Improved coordination between government policies,
rantai nilai industri diyakini dapat memberikan dukungan lebih    macroeconomic stability, and strengthening of the industrial
kuat terhadap pertumbuhan industri ke depan, termasuk             value chain is expected to provide stronger support for future
untuk memperbesar pangsa pasar dan meningkatkan utilisasi         industry growth, including efforts to expand market share and
kapasitas produksi secara optimal.                                optimize production capacity utilization.


Penerapan Strategi dan Kebijakan Strategis                        Implementation of Effective Strategies and
yang Efektif                                                      Strategic Policies

Direksi memusatkan perhatian pada pencapaian tujuan               The Board of Directors focused on the achievement of
Perseroan melalui penerapan strategi dan kebijakan yang           the Company’s objectives through the implementation of
menyeluruh, adaptif, dan terintegrasi ke seluruh aktivitas        comprehensive, adaptive, and fully integrated strategies and




             PT Keramika Indonesia Assosiasi Tbk
20           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 23
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




operasional. Pendekatan ini tidak hanya bertujuan menjaga              policies across all operational activities. This approach is not
kelancaran operasional, tetapi juga untuk memastikan risiko            only aimed at ensuring operational continuity, but also at
dikelola secara proaktif, kendala diatasi dengan tepat, dan            ensuring that risks are proactively managed, challenges are
kinerja Perseroan tetap tangguh di tengah dinamika industri            appropriately addressed, and the Company’s performance
dan kondisi ekonomi yang terus berubah.                                remains resilient amid evolving industry dynamics and
                                                                       changing economic conditions.


Sepanjang tahun 2025, Perseroan melanjutkan penerapan                  Throughout 2025, the Company continued to implement
strategi dan kebijakan yang telah dijalankan sebelumnya,               previously established strategies and policies, with several
dengan sejumlah penyempurnaan yang disesuaikan terhadap                refinements tailored to changes in both internal and external
perubahan kondisi internal maupun eksternal. Langkah                   conditions. These measures were undertaken to strengthen the
ini ditempuh untuk memperkuat daya saing Perseroan,                    Company’s competitiveness, improve operational efficiency,
meningkatkan efisiensi operasional, serta memastikan produk            and ensure that its products and services remain relevant to
dan layanan tetap relevan dengan kebutuhan pasar yang terus            evolving market needs.
berkembang.


Dalam hal pengembangan produk, Perseroan menekankan                    In terms of product development, the Company emphasized
penyempurnaan desain serta kualitas produk dengan nilai                improvements in product design and quality with higher
tambah tinggi, khususnya untuk segmen menengah ke atas.                value-added features, particularly for the middle-to-upper
Langkah ini dilakukan untuk menjaga posisi Perseroan di                market segment. This initiative was undertaken to maintain
industri keramik nasional sekaligus menyesuaikan dengan                the Company’s position in the domestic ceramic industry while
tren preferensi konsumen yang semakin beragam. Selain itu,             adapting to increasingly diverse consumer preferences. In
inovasi pada produk-produk unggulan terus dijalankan melalui           addition, innovation in flagship products continued through
riset dan pengembangan, termasuk eksplorasi material baru,             research and development activities, including the exploration
motif, dan teknologi produksi yang ramah lingkungan.                   of new materials, designs, and environmentally friendly
                                                                       production technologies.


Perseroan juga memfokuskan perhatian pada penguatan                    The Company also focused on strengthening its distribution
jaringan distribusi dan strategi pemasaran. Hal ini mencakup           network and marketing strategy. This included expanding
perluasan jangkauan pasar, peningkatan kualitas layanan,               market reach, improving service quality, and adjusting
serta penyesuaian strategi promosi agar lebih sesuai dengan            promotional strategies to better align with customer needs.
kebutuhan pelanggan. Optimalisasi saluran distribusi dilakukan         Optimization of distribution channels was carried out on
secara berkesinambungan untuk mendukung peningkatan                    an ongoing basis to support sales volume growth while
volume penjualan, sekaligus memperkuat hubungan dengan                 strengthening relationships with partners and dealers across
mitra dan dealer di seluruh wilayah operasional Perseroan.             all operating regions.


Efisiensi biaya tetap menjadi prioritas penting di sepanjang           Cost efficiency remained a key priority throughout 2025. The
2025. Perseroan melakukan berbagai inisiatif untuk                     Company implemented various initiatives to improve production
meningkatkan efektivitas produksi, termasuk rekondisi mesin            efficiency, including machinery refurbishment and process
dan penyesuaian proses kerja, sehingga dapat mengoptimalkan            adjustments, in order to optimize operating costs without
biaya operasional tanpa mengurangi kualitas produk. Investasi          compromising product quality. Investment in production
pada teknologi produksi terus dijalankan untuk menghasilkan            technology continued to be carried out to produce higher-value
produk bernilai tinggi dan memastikan keberlanjutan proses             products and ensure the sustainability of production processes.
produksi.


Sumber daya manusia menjadi fondasi bagi keberhasilan                  Human capital remained a fundamental pillar of the Company’s
strategi Perseroan. Tahun 2025, Perseroan menekankan                   strategic execution. In 2025, the Company placed strong
pengembangan kompetensi karyawan melalui pelatihan,                    emphasis on employee capability development through
program pengembangan kepemimpinan, dan implementasi                    training programs, leadership development initiatives, and the
prinsip Total Quality Management (TQM). Selain itu, Direksi            implementation of Total Quality Management (TQM) principles.
mendorong budaya pemecahan masalah secara kolaboratif                  In addition, the Board of Directors encouraged a collaborative
di seluruh lini organisasi, guna memastikan setiap inisiatif           problem-solving culture across all levels of the organization to
strategis dapat dijalankan secara efektif dan berdampak nyata          ensure that strategic initiatives were effectively executed and
bagi kinerja Perseroan.                                                delivered tangible contributions to the Company’s performance.




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report                 21
Page 24
Kepemimpinan Direksi dalam Perumusan dan                          Leadership of the Board of Directors in Strategy
Implementasi Strategis                                            Formulation and Implementation

Direksi memegang peranan kunci dalam menentukan arah              The Board of Directors plays a key role in determining the
Perseroan melalui perumusan dan pelaksanaan strategi serta        direction of the Company through the formulation and
kebijakan strategis yang komprehensif. Peran ini tidak hanya      implementation of comprehensive strategies and strategic
mencakup penyusunan rencana dan penetapan kebijakan,              policies. This role not only encompasses the preparation of
tetapi juga pengawasan berkelanjutan terhadap penerapannya        plans and the establishment of policies, but also continuous
agar operasional berjalan lancar, risiko dapat dikendalikan,      monitoring of their execution to ensure smooth operations,
kendala diatasi, dan peluang pasar dapat dimanfaatkan secara      effective risk management, timely resolution of operational
optimal.                                                          challenges, and optimal utilization of market opportunities.


Proses perumusan strategi dilakukan secara kolaboratif antar      The strategy formulation process is carried out in a
anggota Direksi sesuai bidang tanggung jawab masing-masing.       collaborative manner among members of the Board of Directors
Direktur Utama memimpin koordinasi dan pengambilan                in accordance with their respective areas of responsibility.
keputusan strategis, bekerja sama dengan Direktur Keuangan        The President Director leads strategic coordination and
untuk menyusun proyeksi keuangan, kebijakan anggaran,             decision-making, working closely with the Finance Director
dan mitigasi risiko finansial. Sementara itu, Direktur Produksi   in developing financial projections, budgeting policies, and
dan Operasional fokus memastikan strategi dapat diterapkan        financial risk mitigation measures. Meanwhile, the Production
secara efisien di seluruh lini produksi dan distribusi. Setiap    and Operations Director focuses on ensuring that strategies are
rencana strategis dianalisis dan disesuaikan dengan kondisi       implemented efficiently across all production and distribution
internal perusahaan serta dinamika industri keramik yang          lines. Each strategic plan is analyzed and adjusted in line with
terus berubah.                                                    the Company’s internal conditions and the evolving dynamics
                                                                  of the ceramic industry.


Dalam implementasinya, Direksi mengatur dan memantau              In terms of implementation, the Board of Directors organizes
pelaksanaan strategi melalui rencana kerja tahunan yang           and monitors strategy execution through detailed annual work
rinci, pengawasan progres secara berkala, dan penyesuaian         plans, periodic performance reviews, and budget adjustments
anggaran bila diperlukan. Pendekatan ini memastikan strategi      where necessary. This approach ensures that the strategies
yang ditetapkan bukan sekadar dokumen formal, tetapi menjadi      set are not merely formal documents, but serve as practical
panduan nyata bagi seluruh organisasi untuk mencapai kinerja      guidelines for the entire organization in achieving stable and
yang stabil dan berkelanjutan.                                    sustainable performance.


Dengan koordinasi yang solid antar anggota Direksi                Through strong coordination among Board members and
dan pengawasan yang konsisten, Perseroan mampu                    consistent oversight, the Company is able to maintain
mempertahankan        stabilitas   operasional    sekaligus       operational stability while enhancing its capacity to adapt to
meningkatkan kapasitas adaptasi terhadap dinamika industri.       industry dynamics. The Board of Directors is confident that
Direksi yakin bahwa konsistensi dalam perumusan dan               consistency in strategy formulation and implementation will
implementasi strategi strategis akan menjadi fondasi utama        serve as a key foundation for the Company’s resilient, adaptive,
bagi pertumbuhan Perseroan yang tangguh, adaptif, dan             and sustainable growth, while also creating long-term value for
berkelanjutan, sekaligus menciptakan nilai jangka panjang         all stakeholders.
bagi seluruh pemangku kepentingan.


Evaluasi Target dan Capaian Kinerja Perseroan                     Evaluation of the Company’s 2025 Performance
Tahun 2025                                                        Targets and Achievements

Sepanjang tahun 2025, Perseroan menjalankan kegiatan usaha        Throughout 2025, the Company conducted its business
di tengah kondisi industri dan pasar yang masih menantang,        operations amid industry and market conditions that
namun secara bertahap menunjukkan perbaikan kinerja               remained challenging, yet gradually demonstrated improved
dibandingkan tahun sebelumnya. Dengan mempertimbangkan            performance compared to the previous year. Taking into
dinamika permintaan pasar, tingkat persaingan, serta              account market demand dynamics, the level of competition,
penyesuaian strategi operasional yang dilakukan sepanjang         and operational strategy adjustments made throughout the
tahun, Perseroan menetapkan target pendapatan sebesar             year, the Company has set a revenue target of Rp659.41 billion
Rp659,41 miliar dan target laba bersih sebesar Rp3,28 miliar      and a net profit target of Rp3.28 billion as benchmarks for
sebagai tolok ukur pencapaian kinerja tahun buku 2025.            performance achievement in the 2025 fiscal year.




             PT Keramika Indonesia Assosiasi Tbk
22           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 25
   Ikhtisar Kinerja | Performance Highlights      Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                    Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                            Laporan Keberlanjutan | Sustainability Report
                                                 Management Discussion and Analysis




Dalam realisasinya, Perseroan membukukan pendapatan                      In practice, the Company recorded revenue of Rp611.9 billion,
sebesar Rp611,9 miliar, yang mencerminkan tren peningkatan               reflecting an upward trend compared to the 2024 results,
dibandingkan capaian tahun 2024, meskipun masih berada di                although it remained below the target set at the beginning
bawah target yang telah ditetapkan di awal tahun. Pertumbuhan            of the year. This revenue growth was supported by improved
pendapatan tersebut didukung oleh membaiknya aktivitas                   sales activity, a strengthened distribution network, and the
penjualan, penguatan jaringan distribusi, serta penerapan                implementation of a more selective and targeted product
strategi produk yang lebih selektif dan terarah dengan fokus             strategy focused on value-added products aligned with market
pada produk bernilai tambah yang sesuai dengan kebutuhan                 needs. On the profitability front, the Company still recorded a
pasar. Di sisi profitabilitas, Perseroan masih mencatatkan rugi          net loss of Rp12 billion, though at a lower loss rate compared
bersih sebesar Rp12 miliar, namun dengan tingkat kerugian                to the previous year. This improvement was driven by various
yang lebih rendah dibandingkan tahun sebelumnya. Perbaikan               efficiency initiatives and cost control measures implemented
ini didorong oleh berbagai inisiatif efisiensi dan pengendalian          consistently and integrated with the Company’s operational
biaya yang dijalankan secara konsisten dan terintegrasi dengan           strategy.
strategi operasional Perseroan.


Meskipun capaian kinerja tahun 2025 belum sepenuhnya                     Although the 2025 performance achievements did not fully
memenuhi target yang ditetapkan, Direksi menilai bahwa hasil             meet the established targets, the Board of Directors considers
tersebut menunjukkan arah perbaikan yang positif. Upaya                  the results to reflect a positive direction of improvement.
optimalisasi proses produksi, penyesuaian bauran produk,                 Ongoing efforts in production optimization, product mix
serta disiplin dalam pengelolaan biaya mulai memberikan                  adjustments, and disciplined cost management have begun
dampak terhadap peningkatan pendapatan dan perbaikan                     to contribute to gradual improvements in revenue generation
kinerja keuangan secara bertahap. Capaian ini menjadi indikasi           and financial performance. These achievements indicate that
bahwa langkah-langkah strategis yang dijalankan Perseroan                the strategic initiatives undertaken by the Company are on the
berada pada jalur yang tepat.                                            right track.


Capaian finansial tersebut tidak terlepas dari kinerja operasional       These financial results were also supported by operational
yang dikelola secara terukur dan adaptif sepanjang tahun. Dari           performance that was managed in a measured and adaptive
sisi operasional, Perseroan mengelola kegiatan produksi dan              manner throughout the year. On the operational side, the
distribusi dengan tetap memperhatikan dinamika permintaan                Company managed its production and distribution activities
pasar serta kapasitas yang tersedia. Sepanjang tahun 2025,               by taking into account market demand dynamics and available
realisasi volume produksi pada masing-masing lini produk                 capacity. Throughout 2025, actual production volumes across
menunjukkan capaian yang bervariasi dibandingkan dengan                  product lines varied against the established targets. Floor tile
target yang telah ditetapkan. Produksi keramik lantai tercatat           production reached 9.13 million m² compared to the target
sebesar 9,13 juta m² dari target 10,60 juta m², sementara lini           of 10.60 million m², while wall tile production recorded 2.46
keramik dinding membukukan volume produksi sebesar 2,46                  million m² compared to the target of 2.40 million m². For roof
juta m² dibandingkan target 2,40 juta m². Adapun untuk lini              tile production, the Company realized 1.34 million m² against a
keramik genteng, Perseroan merealisasikan produksi sebesar               target of 1.27 million m².
1,34 juta m² dengan target 1,27 juta m².


Perbedaan tingkat pencapaian tersebut mencerminkan                       These variances reflect the Company’s responsiveness to
respons Perseroan terhadap kondisi pasar, penyesuaian                    market conditions, adjustments in production planning,
rencana produksi, serta upaya menjaga efisiensi operasional              and efforts to maintain operational efficiency amid industry
di tengah berbagai tantangan industri. Melalui pengaturan                challenges. Through production scheduling optimization,
jadwal produksi, optimalisasi utilisasi fasilitas, serta penguatan       improved facility utilization, and strengthened distribution
koordinasi distribusi, Perseroan berupaya menjaga kelancaran             coordination, the Company continued to ensure operational
operasional sekaligus memastikan ketersediaan produk                     continuity while maintaining product availability in line with
tetap sejalan dengan kebutuhan pelanggan. Pendekatan ini                 customer needs. This approach is part of the Company’s efforts
dijalankan sebagai bagian dari upaya memperkuat ketahanan                to reinforce operational resilience and maintain a solid business
operasional dan menjaga fundamental usaha Perseroan agar                 foundation in anticipation of future industry developments.
tetap solid dalam menghadapi perkembangan industri ke
depan.




                                                                                             PT Keramika Indonesia Assosiasi Tbk
                                                                                        2025 Annual Report & Sustainability Report                 23
Page 26
Secara keseluruhan, Direksi memandang capaian kinerja tahun     Overall, the Board of Directors views the 2025 performance
2025 sebagai hasil yang cukup konstruktif dan merefleksikan     as constructive and reflective of the effectiveness of the
efektivitas langkah-langkah perbaikan yang telah dijalankan,    improvement measures implemented, although there remains
meskipun masih terdapat ruang peningkatan untuk mencapai        room for further enhancement to achieve more optimal targets.
target yang lebih optimal. Perbaikan kinerja yang dicapai       The progress achieved during 2025 serves as an important
sepanjang tahun 2025 menjadi fondasi penting bagi Perseroan     foundation for the Company to continue pursuing more
untuk melanjutkan upaya peningkatan kinerja yang lebih          sustainable performance improvements in the years ahead,
berkelanjutan di tahun-tahun mendatang, dengan tetap            with a continued focus on healthy growth and value creation
berfokus pada pertumbuhan yang sehat dan penciptaan nilai       for all stakeholders.
bagi seluruh pemangku kepentingan.


Menavigasi   Tantangan              dan       Memperkuat        Navigating Challenges               and     Strengthening
Ketahanan Usaha                                                 Business Resilience

Sepanjang tahun 2025, Perseroan menghadapi berbagai             Throughout 2025, the Company faced various challenges
tantangan yang berasal dari faktor eksternal maupun internal,   arising from both external and internal factors, in line with
seiring dengan dinamika industri keramik nasional dan           the dynamics of the domestic ceramic industry and a still-
kondisi ekonomi yang masih berfluktuasi. Dari sisi eksternal,   volatile economic environment. On the external side, pressure
tekanan terhadap daya beli masyarakat, ketatnya persaingan      on consumer purchasing power, intense competition driven
akibat masuknya produk keramik impor, serta fluktuasi           by imported ceramic products, and fluctuations in energy
harga energi dan bahan baku masih menjadi faktor yang           and raw material prices continued to affect overall industry
memengaruhi kinerja industri secara keseluruhan. Di samping     performance. In addition, global uncertainty and evolving
itu, ketidakpastian global dan dinamika kebijakan perdagangan   trade policy dynamics also impacted supply chain stability
turut berdampak pada stabilitas rantai pasok dan perencanaan    and business planning, thereby requiring greater prudence in
usaha, sehingga menuntut kehati-hatian dalam pengambilan        business decision-making.
keputusan bisnis.


Di tingkat internal, Perseroan juga menghadapi sejumlah         At the internal level, the Company also faced several
tantangan operasional, antara lain kebutuhan untuk terus        operational challenges, including the need to continuously
meningkatkan efisiensi biaya produksi, menjaga konsistensi      improve production cost efficiency, maintain product quality
kualitas produk di tengah tekanan biaya, serta menyesuaikan     consistency amid cost pressures, and adjust production
kapasitas produksi dengan kondisi permintaan pasar. Tantangan   capacity in line with market demand conditions. Other
lain yang turut diperhatikan adalah optimalisasi sumber daya    challenges included optimizing human resources and
manusia dan sistem operasional agar tetap selaras dengan        operational systems to remain aligned with the Company’s
strategi bisnis yang dijalankan, termasuk dalam mendukung       business strategy, particularly in supporting productivity and
produktivitas dan ketepatan waktu distribusi.                   timely distribution.


Dalam merespons berbagai kendala tersebut, Perseroan secara     In response to these challenges, the Company actively
aktif melakukan langkah-langkah mitigasi risiko sepanjang       implemented a series of risk mitigation measures throughout
tahun 2025. Upaya yang dilakukan meliputi penyempurnaan         2025. These initiatives included refining operational processes
proses operasional untuk meningkatkan efisiensi, penguatan      to improve efficiency, strengthening cost control, and adjusting
pengendalian biaya, serta penyesuaian strategi pemasaran        marketing and sales strategies to become more adaptive to
dan penjualan agar lebih adaptif terhadap perubahan pasar.      changing market conditions. The Company also engaged in
Perseroan juga melakukan koordinasi dan negosiasi dengan        coordination and negotiations with suppliers to ensure the
pemasok untuk menjaga keberlanjutan pasokan bahan baku,         continuity of raw material supply, while strengthening cash
sekaligus memperkuat pengelolaan arus kas guna menjaga          flow management to maintain liquidity and financial stability.
likuiditas dan stabilitas keuangan. Melalui pendekatan yang     Through this measured and sustainable approach, the Company
terukur dan berkelanjutan ini, Perseroan berupaya menjaga       sought to preserve business resilience and minimize the impact
ketahanan usaha serta meminimalkan dampak risiko terhadap       of risks on long-term performance.
kinerja jangka panjang.




             PT Keramika Indonesia Assosiasi Tbk
24           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 27
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




Memperkuat Fondasi Melalui Tata Kelola yang                            Strengthening the Foundation Through Efficient
Efisien                                                                Governance

Perseroan menempatkan Tata Kelola Perusahaan yang Baik                 The Company places Good Corporate Governance (GCG) as a
(Good Corporate Governance/GCG) sebagai pilar utama dalam              key pillar in conducting all business activities. This commitment
menjalankan seluruh aktivitas bisnis. Komitmen ini menjadi             serves as the foundation for transparent, accountable, and
landasan bagi operasional yang transparan, akuntabel,                  sustainable operations, while also supporting the delivery of
dan berkelanjutan, serta mendukung terciptanya produk                  high-quality products that are competitive in both the domestic
berkualitas tinggi yang mampu bersaing di industri keramik             and regional ceramic industries.
nasional dan regional.


Penerapan GCG Perseroan berlandaskan prinsip-prinsip inti,             The Company’s GCG implementation is based on core principles,
yang diwujudkan melalui pengambilan keputusan strategis                which are reflected in responsible strategic decision-making,
yang bertanggung jawab, pengelolaan operasional yang                   structured operational management, and consistent oversight
terstruktur, serta sistem pengawasan dan pelaporan yang                and reporting systems. The Board of Directors and senior
konsisten. Direksi dan manajemen senior memainkan peran                management play an active role in ensuring that all processes
aktif untuk memastikan seluruh proses berjalan dengan                  are conducted with integrity and in compliance with applicable
integritas dan kepatuhan terhadap regulasi yang berlaku.               regulations.


Berbagai inisiatif telah dilakukan untuk memperkuat tata               Various initiatives have been undertaken to strengthen
kelola, termasuk penyempurnaan sistem pengendalian                     governance practices, including enhancements to the internal
internal, peningkatan manajemen risiko, serta penguatan                control system, improvements in risk management practices,
budaya integritas dan etika kerja di seluruh organisasi.               and the reinforcement of a culture of integrity and ethical
                                                                       conduct across the organization.


Meskipun capaian GCG tahun ini positif, Perseroan tetap                Although the Company’s GCG achievements during the year
melihat ruang untuk perbaikan lebih lanjut. Fokus ke depan             were positive, there remains room for further improvement.
mencakup optimalisasi pengendalian internal di seluruh unit,           Going forward, the focus will include optimizing internal
pengembangan sistem pemantauan risiko yang lebih proaktif,             controls across all business units, developing a more proactive
dan penyempurnaan mekanisme pelaporan serta evaluasi.                  risk monitoring system, and refining reporting and evaluation
Langkah-langkah ini diyakini akan semakin memperkokoh                  mechanisms. These initiatives are expected to further
fondasi Perseroan, menjaga integritas operasional, dan                 strengthen the Company’s foundation, safeguard operational
memperkuat kepercayaan pemangku kepentingan, termasuk                  integrity, and enhance stakeholder confidence, including that
investor, pelanggan, dan mitra bisnis.                                 of investors, customers, and business partners.


Dengan tata kelola yang konsisten, adaptif, dan terbuka                With consistent, adaptive, and continuously improving
terhadap perbaikan berkelanjutan, Perseroan memantapkan                governance practices, the Company is reinforcing the
landasan untuk pertumbuhan usaha yang sehat, penciptaan                foundation for sustainable business growth, value creation,
nilai tambah, dan kesinambungan bisnis jangka panjang.                 and long-term business continuity.


Keberlanjutan dalam Tindakan: Strategi dan                             Sustainability in Action: The Company’s
Pencapaian Perseroan [OJK D.1]                                         Strategies and Achievements [OJK D.1]

Perseroan menegaskan komitmen yang berkelanjutan dalam                 The Company reaffirms its ongoing commitment to conducting
menjalankan bisnis dengan mempertimbangkan aspek                       business by taking into account economic, social, and
ekonomi, sosial, dan lingkungan hidup. Keberlanjutan bagi              environmental aspects. For the Company, sustainability is
Perseroan bukan hanya sebuah kewajiban regulasi, tetapi                not merely a regulatory obligation but a strategic value that
merupakan nilai strategis yang memberikan manfaat jangka               delivers long-term benefits not only to the Company, but also
panjang tidak hanya bagi Perseroan, namun juga bagi para               to its stakeholders, particularly the wider community.
pemangku kepentingan, khususnya masyarakat secara luas.


Dalam menghadapi tantangan penerapan Keuangan                          In addressing the challenges of Sustainable Finance
Berkelanjutan, Perseroan secara proaktif merespons isu-                implementation, the Company proactively responds to
isu lingkungan dan sosial yang relevan dengan industri                 environmental and social issues relevant to the ceramic
keramik, termasuk risiko perubahan iklim, fluktuasi energi,            industry, including climate change risks, energy price




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report                 25
Page 28
dan dinamika pasar. Pimpinan Perseroan berkomitmen untuk          volatility, and market dynamics. The Company’s leadership is
memastikan seluruh strategi keberlanjutan dijalankan secara       committed to ensuring that all sustainability strategies are
menyeluruh, terintegrasi dengan operasional, dan berfokus         implemented comprehensively, integrated into operations, and
pada pencapaian target-target penting di bidang ekonomi,          focused on achieving key targets across economic, social, and
sosial, dan lingkungan.                                           environmental dimensions.


Sepanjang tahun 2025, Perseroan menjalankan berbagai              Throughout 2025, the Company carried out various
program keberlanjutan yang konsisten dengan tahun                 sustainability programs consistent with the previous year,
sebelumnya, termasuk penerapan konsep produksi bersih             including the implementation of clean production practices
(clean production) di pabrik KIA, penerapan prinsip Eco-Office,   at the KIA plant, the adoption of Eco-Office principles, and
serta program pemberdayaan masyarakat di bidang pendidikan        community empowerment initiatives in education through
melalui program beasiswa Sharing the Dream. Mengusung             the “Sharing the Dream” scholarship program. Carrying the
tema “Green Generation: Empowering Youth for A Sustainable        theme “Green Generation: Empowering Youth for a Sustainable
Future”, program Sharing the Dream diselenggarakan pada           Future,” the Sharing the Dream program was held on 27 August
27 Agustus 2025 di Wisma Menpora, Jakarta dan bertujuan           2025 at Wisma Menpora, Jakarta, and aimed to expand access
untuk memperluas akses pendidikan, menumbuhkan calon              to education, nurture future leaders, and support Indonesia’s
pemimpin masa depan, serta mendukung Visi Indonesia Emas          Vision 2045 through strengthened human capital development
2045 melalui penguatan pembangunan sumber daya manusia            and sustainability. The 2025 program involved 846 participants,
dan keberlanjutan. Pada pelaksanaannya, kegiatan Sharing          consisting of 415 high school students receiving scholarships
the Dream 2025 diikuti oleh 846 partisipan, yang terdiri atas     (58 attending onsite and 357 participating online), 12 university
415 siswa SMA/sederajat penerima beasiswa (58 siswa hadir         scholarship recipients, as well as accompanying teachers and
secara luring dan 357 siswa mengikuti secara daring), 12          parents, non-recipient online participants, and members of the
mahasiswa penerima beasiswa, serta guru dan orang tua             public who joined via live YouTube broadcast.
pendamping, peserta daring non-penerima beasiswa, dan
masyarakat yang mengikuti kegiatan melalui siaran langsung
YouTube.


Selain itu, Perseroan aktif mengambil bagian dalam ESG            In addition, the Company actively participated in the ESG
Symposium 2025 Indonesia, yang menjadi wadah kolaborasi           Symposium 2025 Indonesia, which served as a collaborative
antara pemerintah, sektor swasta, akademisi, dan masyarakat       platform between the government, private sector, academia,
untuk mempercepat transisi menuju ekonomi rendah karbon,          and society to accelerate the transition toward a low-carbon
dengan fokus pada dekarbonisasi industri, inovasi berbasis        economy, with a focus on industrial decarbonization, circular
sirkular ekonomi, dan penerapan teknologi rendah emisi.           economy innovation, and the adoption of low-emission
                                                                  technologies.


Hingga akhir tahun 2025, pencapaian kinerja keberlanjutan         As of the end of 2025, sustainability performance indicators
menunjukkan tren positif dibanding 2024, termasuk                 showed a positive trend compared to 2024, including a
pengurangan konsumsi energi sebesar 2.532.917 kWh,                reduction in energy consumption of 2,532,917 kWh, and
serta peningkatan kompetensi karyawan melalui pelatihan           an increase in employee competency through training of
40 jam per karyawan. Perseroan juga berhasil memperkuat           40 hours per employee. The Company also strengthened
pengelolaan risiko lingkungan dan sosial melalui penyesuaian      its environmental and social risk management through
proses produksi, negosiasi dengan pemasok, serta strategi         production process adjustments, supplier negotiations, and
pasar yang ramah lingkungan.                                      environmentally friendly market strategies.


Meski demikian, sejumlah tantangan tetap dihadapi, antara         Nevertheless, several challenges remain, including fluctuations
lain fluktuasi harga energi, keterbatasan teknologi ramah         in energy prices, limited availability of environmentally
lingkungan, serta adaptasi SDM terhadap praktik keberlanjutan     friendly technologies, and workforce adaptation to evolving
yang terus berkembang. Perseroan mengelola tantangan ini          sustainability practices. The Company addresses these
melalui langkah-langkah mitigasi yang sistematis, termasuk        challenges through systematic mitigation measures, including
perbaikan proses operasional, peningkatan efisiensi energi,       process improvements, enhanced energy efficiency, and
dan penguatan monitoring program keberlanjutan.                   strengthened sustainability program monitoring.


Strategi Perseroan untuk mencapai target keberlanjutan            The Company’s strategy to achieve its sustainability targets
tahun ini meliputi pengelolaan risiko atas penerapan              includes managing risks associated with Sustainable Finance
Keuangan Berkelanjutan terkait aspek ekonomi, sosial, dan         implementation across economic, social, and environmental




             PT Keramika Indonesia Assosiasi Tbk
26           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 29
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




lingkungan, pemanfaatan peluang melalui program inovatif               aspects, leveraging opportunities through innovative programs
dan kemitraan, serta penyesuaian dengan kondisi eksternal              and partnerships, and adapting to external conditions affecting
yang memengaruhi operasional dan kinerja keberlanjutan.                operational and sustainability performance. This approach
Pendekatan ini memastikan bahwa Perseroan dapat terus                  ensures that the Company continues to maintain business
menjaga keberlanjutan usaha, meningkatkan dampak sosial,               sustainability, enhance social impact, and deliver positive
dan memberikan kontribusi positif bagi masyarakat dan                  contributions to society and the environment.
lingkungan.


Dengan fondasi ini, Direksi optimis bahwa Perseroan akan               With this foundation, the Board of Directors is confident that
mampu mempertahankan dan meningkatkan pencapaian                       the Company will be able to consistently maintain and further
keberlanjutan secara konsisten di tahun-tahun mendatang,               improve its sustainability performance in the years ahead,
sekaligus memperkuat reputasi dan keunggulan kompetitif di             while strengthening its reputation and competitive advantage
pasar.                                                                 in the market.


2026: Menavigasi Dinamika                      Pasar       dan         2026: Navigating                   Market          Dynamics           and
Pertumbuhan Berkelanjutan                                              Sustainable Growth

Memasuki tahun 2026, Perseroan memandang prospek usaha                 Entering 2026, the Company views its business outlook with
dengan optimisme yang terukur, sejalan dengan proyeksi                 measured optimism, in line with projections of domestic and
kondisi ekonomi nasional dan global yang tetap menunjukkan             global economic conditions that are expected to remain
ketahanan di tengah dinamika eksternal. Menurut Bank                   resilient amid external uncertainties. According to Bank
Indonesia, pertumbuhan ekonomi dunia diprakirakan sedikit              Indonesia, global economic growth is projected to moderate
melambat menjadi sekitar 3,2% pada 2026, lebih rendah                  slightly to around 3.2% in 2026, lower than the estimated 3.3%
dibanding capaian sekitar 3,3% pada 2025, seiring pengaruh             in 2025, reflecting the continued impact of reciprocal tariff
lanjutan tarif resiprokal Amerika Serikat dan kerentanan               policies by the United States and persistent vulnerabilities
rantai pasok global, meskipun prospek perekonomian Amerika             in global supply chains, although the outlook for the United
Serikat membaik didukung investasi di sektor teknologi serta           States economy is improving, supported by investment in the
stimulus fiskal.                                                       technology sector and fiscal stimulus measures.


Di tingkat nasional, perekonomian Indonesia diprakirakan               At the national level, Indonesia’s economy is expected to
tetap tumbuh solid dalam kisaran 4,9–5,7% pada 2026,                   remain solid, growing within the range of 4.9–5.7% in 2026.
ditopang oleh peningkatan permintaan domestik, efektivitas             This growth is supported by stronger domestic demand, the
berbagai program stimulus pemerintah, serta bauran kebijakan           effectiveness of various government stimulus programs,
Bank Indonesia yang mengintegrasikan kebijakan moneter,                and Bank Indonesia’s policy mix integrating monetary,
makroprudensial, dan sistem pembayaran.                                macroprudential, and payment system policies.


Sejalan dengan perkembangan tersebut, industri keramik                 In line with these developments, the domestic ceramic industry
nasional diproyeksikan memasuki fase pemulihan yang lebih              is projected to enter a stronger recovery phase. The Indonesian
kuat. Asosiasi Aneka Industri Keramik Indonesia (ASAKI)                Ceramic Industry Association (ASAKI) expresses optimism that
menyampaikan optimisme bahwa tingkat utilisasi kapasitas               industry capacity utilization may increase to around 80% in
produksi industri keramik nasional dapat meningkat hingga              2026, the highest level in the past decade. This improvement is
sekitar 80% pada 2026, tertinggi dalam satu dekade                     driven by the acceleration of the national housing development
terakhir. Peningkatan ini didorong oleh percepatan program             program, the implementation of trade protection measures
pembangunan perumahan nasional, penerapan kebijakan                    such as anti-dumping and safeguard duties, the enforcement
proteksi pasar seperti bea masuk antidumping dan safeguard,            of Indonesian National Standards (SNI) for ceramic products,
pemberlakuan Standar Nasional produk keramik, serta                    and supportive fiscal and monetary policies. ASAKI also
dukungan kebijakan fiskal dan moneter yang kondusif. ASAKI             projects new investments in the domestic ceramic industry of
juga memproyeksikan adanya investasi baru di industri keramik          approximately Rp5 trillion, aimed at capacity expansion and
nasional dengan nilai sekitar Rp5 triliun yang diarahkan untuk         modernization of production facilities.
ekspansi kapasitas dan modernisasi fasilitas produksi.


Dalam konteks peluang pertumbuhan, Perseroan melihat                   From a growth opportunity perspective, the Company sees
potensi pengembangan usaha melalui penguatan portofolio                potential in expanding its product portfolio toward higher value-
produk dengan nilai tambah yang lebih tinggi, sejalan dengan           added segments, aligned with increasing domestic market
meningkatnya kebutuhan pasar domestik. Perseroan juga                  demand. The Company also identifies opportunities to optimize




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report                 27
Page 30
melihat peluang dari optimalisasi jangkauan pasar melalui       market reach through the expansion and strengthening
perluasan dan penguatan jaringan distribusi, khususnya di       of its distribution network, particularly in regions where
wilayah dengan tingkat penetrasi yang masih terbuka. Selain     penetration remains relatively low. In addition, government
itu, berbagai kebijakan pemerintah yang mendukung sektor        policies supporting the housing and industrial sectors, as well
perumahan dan industri, serta peluang kolaborasi strategis      as potential strategic collaborations with business partners,
dengan mitra usaha, dipandang dapat memberikan dukungan         are expected to provide further support for the Company’s
tambahan bagi pertumbuhan kinerja Perseroan secara              sustainable performance growth.
berkelanjutan.


Di sisi lain, Perseroan juga mencermati sejumlah tantangan      On the other hand, the Company also recognizes several
yang perlu dikelola secara proaktif di tahun 2026, antara       challenges that need to be proactively managed in 2026,
lain tekanan biaya energi akibat keterbatasan pasokan gas       including energy cost pressures due to limited industrial gas
industri, persaingan yang semakin ketat dengan produk impor,    supply, intensifying competition from imported products,
potensi gangguan pasokan bahan baku utama, serta dinamika       potential disruptions in key raw material supply, and evolving
permintaan konsumen yang terus berkembang. Tantangan-           consumer demand dynamics. These challenges require
tantangan tersebut menuntut pengelolaan operasional yang        increasingly efficient and adaptive operational management.
semakin efisien dan adaptif.


Untuk merespons kondisi tersebut, Perseroan menyiapkan          To address these conditions, the Company has prepared
langkah-langkah strategis yang mencakup penguatan               strategic initiatives covering the strengthening of supply chain
manajemen rantai pasok, optimalisasi struktur biaya melalui     management, optimization of cost structure through improved
peningkatan efisiensi proses produksi, pemanfaatan teknologi    production efficiency, gradual adoption of technology and
dan digitalisasi secara bertahap, serta pengembangan            digitalization, and development of human capital capabilities.
kompetensi sumber daya manusia. Melalui strategi ini,           Through these strategies, the Company aims to maintain
Perseroan berupaya menjaga stabilitas operasional,              operational stability, enhance competitiveness, and ensure
meningkatkan daya saing, dan memastikan keberlanjutan           sustainable business performance amid evolving industry
kinerja usaha di tengah dinamika industri.                      dynamics.


Direksi optimis bahwa dengan dukungan kondisi makroekonomi      The Board of Directors is confident that, supported by relatively
yang relatif stabil, kebijakan pemerintah yang pro-industri,    stable macroeconomic conditions, pro-industry government
serta strategi usaha yang responsif dan terarah, Perseroan      policies, and responsive and well-directed business strategies,
dapat memanfaatkan peluang pertumbuhan yang tersedia dan        the Company will be able to capitalize on available growth
menghadapi tantangan secara efektif, sehingga pertumbuhan       opportunities and effectively manage challenges, thereby
usaha yang sehat dan berkelanjutan dapat terus diwujudkan.      continuing to achieve healthy and sustainable business growth.


Penutup                                                         Closing Remarks

Sepanjang tahun 2025, Perseroan menjalani fase konsolidasi      Throughout 2025, the Company underwent a consolidation
yang menuntut ketelitian dalam pengambilan keputusan serta      phase that required careful decision-making and resilience
ketangguhan dalam menjaga kinerja. Berbagai perubahan           in maintaining performance. Various changes in the business
pada lingkungan usaha mendorong Perseroan untuk lebih           environment prompted the Company to place greater focus
fokus pada penguatan fundamental, pengelolaan operasional       on strengthening its fundamentals, maintaining prudent
yang prudent, serta penyesuaian strategi agar tetap relevan     operational management, and adjusting its strategies to remain
dan berdaya saing. Komitmen terhadap kualitas, keberlanjutan,   relevant and competitive. Commitment to quality, sustainability,
dan pengelolaan usaha yang bertanggung jawab terus menjadi      and responsible business management continued to serve as
arah utama dalam setiap langkah yang diambil.                   the guiding direction in every step taken.


Mengakhiri laporan ini, Direksi ingin menyampaikan apresiasi    In concluding this report, the Board of Directors would like
yang setinggi-tingginya kepada seluruh pihak yang telah         to extend its highest appreciation to all parties who have
memberikan dukungan kepada Perseroan, termasuk pemegang         supported the Company, including shareholders, the Board
saham, Dewan Komisaris, mitra usaha, serta seluruh jajaran      of Commissioners, business partners, as well as all members
manajemen dan karyawan. Sinergi dan kepercayaan yang            of management and employees. The strong synergy and
terjalin dengan baik menjadi elemen penting dalam menjaga       trust established among stakeholders have been essential
stabilitas Perseroan dan mendukung pencapaian kinerja           in maintaining the Company’s stability and supporting
sepanjang tahun berjalan.                                       performance achievements throughout the year.




             PT Keramika Indonesia Assosiasi Tbk
28           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 31
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




Direksi menyadari bahwa tantangan ke depan akan tetap                  The Board of Directors acknowledges that future challenges
menuntut peningkatan kapabilitas dan ketepatan eksekusi.               will continue to require enhanced capabilities and precise
Namun demikian, berbagai inisiatif yang telah dijalankan selama        execution. Nevertheless, the various initiatives implemented
2025 baik dalam penguatan operasional, pengembangan                    throughout 2025—ranging from operational strengthening and
produk, maupun penerapan praktik keberlanjutan telah                   product development to the implementation of sustainability
membekali Perseroan dengan fondasi yang lebih solid.                   practices—have provided the Company with a more solid
Ke depan, Direksi berkomitmen untuk terus mendorong                    foundation. Going forward, the Board of Directors remains
peningkatan efisiensi, memperkuat inovasi, dan memperluas              committed to continuously improving efficiency, strengthening
kolaborasi agar Perseroan mampu merespons dinamika                     innovation, and expanding collaboration so that the Company
industri secara lebih tangguh dan berkesinambungan.                    can respond to industry dynamics in a more resilient and
                                                                       sustainable manner.


                                                       Jakarta, April 2026
                                                       Atas Nama Direksi,
                                                On Behalf of the Board of Directors




                                                         Boonyarit Jaiya
                                                          Direktur Utama
                                                         President Director




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report                 29
Page 32

          
Page 33
   Profil
   Perusahaan
   Company
   Profile




Kuma Blue
FT 40 x40 cm
Page 34
Informasi Umum Perusahaan [OJK C.2]
General Information of the Company


Nama Perusahaan                              Tanggal Pendirian                             Bidang Usaha
Company Name                                 Date of Establishment                         Line of Business

PT Keramika Indonesia Assosiasi Tbk          28 November 1968                              Industri bahan bangunan dari keramik
                                             November 28, 1968                             Ceramic building materials industry



Dasar Hukum Pendirian
Legal Basis of Establishment

Akta No. 78 tanggal 28 November 1968 dari Juliaan Nimrod           Deed No. 78 dated November 28, 1968 from Juliaan Nimrod
Siregar Gelar Mangaradja Namora, S.H., Notaris di Jakarta dan      Siregar Gelar Mangaradja Namora, S.H., Notary in Jakarta and
telah disahkan oleh Menteri Kehakiman Republik Indonesia           has been approved by the Minister of Justice of the Republic of
berdasarkan Surat Keputusan No. J.A.5/22/5 tanggal 5 Maret         Indonesia based on Decree No. J.A.5/22/5 dated March 5, 1969,
1969, serta telah diumumkan dalam Berita Negara Republik           and has been announced in the State Gazette of the Republic
Indonesia No. 23 tanggal 21 Maret 1969, Tambahan No. 34.           of Indonesia No. 23 dated March 21, 1969, Supplement No. 34.


Komposisi Pemegang Saham                                                                   Jumlah Karyawan
Shareholder Composition                                       92,04%                       per 31 Desember 2025
                                                                                           Number of Employees
› SCG Decor Public Company Limited
                                                                                           as of December 31, 2025
  (d.h. SCG Building Materials Co., Ltd.)
                                                              7,96%                        735 orang
› Masyarakat                                                                               735 people
  Public



Kode Saham                                   Alamat Kantor Pusat                           Nomor Telepon
Stock Code                                   Head Office Address                           Phone Number

KIAS                                         Graha Mobisel, Lt. 3/3rd Floor                (021) 797 1190
                                             Jl. Buncit Raya No. 139, Kalibata, Pancoran   (021) 797 1153 (Hunting)
                                             Jakarta Selatan/South Jakarta – 12740
                                                 E-mail

Alamat E-mail                                Situs Web                                     Media Sosial
E-mail Address                               Website                                       Social Media

corsec@kiaceramics.com                       www.kiaceramics.com                              @kiaceramics
mkt@kiaceramics.com                                                                           KIA Ceramics
                                                                                              KIA Ceramics
                                                                                              @kiaceramics

Alamat Pabrik
Factory Address
Jl. Raya Narogong KM. 51,9                  Kawasan Industri Surya Cipta                   Jl. Raya Karang Andong
Desa Limusnunggal,                          Jl. Surya Lestari Kav. 1 & 2                   Desa Pasinan Lemahputih,
Kecamatan Cileungsi,                        Desa Kutamekar, Kecamatan Ciampel,             Kecamatan Wringin Anom,
Kabupaten Bogor,                            Kabupaten Karawang,                            Kabupaten Gresik,
Jawa Barat – Indonesia                      Jawa Barat – Indonesia                         Jawa Timur – Indonesia
Jl. Raya Narogong KM. 51.9,                 Surya Cipta City of Industry                   Jl. Raya Karang Andong,
Limusnunggal Village, Cileungsi District,   Jl. Surya Lestari Kav. 1 & 2,                  Pasinan Lemahputih Village,
Bogor Regency,                              Kutamekar Village, Ciampel District,           Wringin Anom District, Gresik Regency,
West Java – Indonesia                       Karawang Regency,                              East Java – Indonesia
                                            West Java – Indonesia




             PT Keramika Indonesia Assosiasi Tbk
32           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 35
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
 Laporan Manajemen | Management Report                                                           Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




Skala Usaha [OJK C.3]
Business Scale


Skala Usaha
                                                              2025                             2024                            2023
Business Scale

Aset
                                                   Rp932.350 juta/million           Rp983.701 juta/million          Rp968.386 juta/million
Assets

Liabilitas
                                                   Rp150.006 juta/million           Rp188.182 juta/million          Rp148.552 juta/million
Liabilities

Ekuitas
                                                   Rp782.344 juta/million           Rp795.519 juta/million          Rp819.834 juta/million
Equity

Jumlah Karyawan
                                                   735 orang/people                 775 orang/people                812 orang/people
Number of Employees

Demografi Karyawan                                 Informasi lebih rinci telah diuraikan pada Bab Profil Perusahaan Subbab
Employee Demographics                              Demografi Karyawan.

                                                   More detailed information is presented in the Company Profile Chapter, under
                                                   the Employee Demographics Subchapter.

Jumlah Kantor Pusat
                                                                 1                                1                               1
Number of Head Office

Jumlah Pabrik
                                                                 3                                3                               3
Number of Factories

Komposisi Kepemilikan Saham                        Informasi lebih rinci telah diuraikan pada Bab Profil Perusahaan Subbab
Share Ownership Composition                        Informasi Pemegang Saham.

                                                   More detailed information is presented in the Company Profile Chapter, under
                                                   the Shareholder Information Subchapter.

Wilayah Operasional                                Informasi lebih rinci telah diuraikan pada Bab Profil Perusahaan Subbab Wilayah
Operational Area                                   Operasional.

                                                   More detailed information is presented in the Company Profile Chapter, under
                                                   the Operational Area Subchapter.




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report                 33
Page 36
Jejak Langkah
Milestones



     1968         1997                                    2008                     2012

1968                                         2008                                       2012
Perseroan didirikan pada tanggal 28          Perseroan menerbitkan sebanyak             › Perseroan melakukan Penawaran
November 1968 sebagai perusahaan             8.000.000.000 lembar saham baru              Umum Terbatas (PUT) II kepada para
Penanaman Modal Asing (PMA).                 untuk mengonversi utang Perseroan            pemegang saham dalam rangka
                                             kepada para kreditur, sehingga total         penerbitan Hak Memesan Efek
The company was founded on                   keseluruhan jumlah saham Perseroan           Terlebih Dahulu (HMETD) dengan
November 28, 1968 as a Foreign               menjadi 8.425.000.000 saham.                 menawarkan 6.504.100.000 saham
Investment Company (PMA).                                                                 seri B pada tanggal 15 Februari 2012.
                                             The Company issued 8,000,000,000             Sebanyak     6.503.410.753   lembar
                                             new shares to convert its debts to           saham diambil oleh SCG Decor Public
1992                                         creditors, increasing the total number       Company Limited dan sebanyak
Perubahan status Perseroan dari              of shares to 8,425,000,000 shares.           689.247 lembar saham diambil oleh
perusahaan Penanaman Modal Asing                                                          masyarakat.
(PMA) menjadi Penanaman Modal
Dalam Negeri (PMDN).                         2011                                       › Untuk memenuhi peraturan Bapepam
                                             › Para pemegang saham menyetujui             dan Lembaga Keuangan No. IX.H.1,
                                               masuknya SCG Building Materials            SCG Decor Public Company Limited
The Company’s status changed from                                                         menjual seluruh saham hasil Tender
a Foreign Investment Company (PMA)             Co., Ltd. sebagai pemegang saham
                                               pengendali Perseroan pada Juni             Offer tersebut kepada masyarakat
to a Domestic Investment Company                                                          pada tanggal 28 November 2012.
(PMDN).                                        2011.
                                             › SCG Building Materials Co., Ltd.         › Kepemilikan saham SCG Decor Public
                                               (sekarang bernama SCG Decor Public         Company Limited di Perseroan menjadi
1994                                           Company Limited) melaksanakan              14.378.410.753 saham atau sebesar
Perseroan melaksanakan Initial Public          Tender Offer pada tanggal 5 Juli           96,31% per 31 Desember 2012.
Offering (IPO) sebanyak 25.000.000             - 3 Agustus 2011 dan memperoleh
lembar saham pada tanggal 8                    sebanyak 3.537.500 lembar saham          › Company conducted Rights Issue II to
Desember 1994.                                 dari pemegang saham masyarakat             shareholders offering 6,504,100,000
                                               melalui    perdagangan     otomatis        Series B shares on February 15, 2012.
The Company conducted an Initial               (Jakarta Automated Trading System –        SCG Decor Public Company Limited
Public Offering (IPO) of 25,000,000            JATS) di Bursa Efek Indonesia.             subscribed to 6,503,410,753 shares,
shares on December 8, 1994.                  › Perseroan melakukan aksi korporasi         and the public subscribed to 689,247
                                               penurunan     modal     dasar  dan         shares.
1997                                           modal ditempatkan dan disetor            › To comply with Bapepam and Financial
Penawaran Umum Terbatas (PUT) I                serta penurunan nilai nominal              Institution Regulation No. IX.H.1, SCG
dengan Hak Memesan Efek Terlebih               saham sehubungan dengan Kuasi              Decor Public Company Limited sold all
Dahulu (HMETD) dan mencatat                    Reorganisasi Perseroan.                    Tender Offer shares to the public on
jumlah keseluruhan saham sebanyak                                                         November 28, 2012.
425.000.000.                                 › Shareholders approved SCG Building       › As of December 31, 2012, SCG
                                               Materials Co., Ltd. as the controlling     Decor Public Company Limited held
Right Issue I with Pre-emptive Rights          shareholder of the Company in June         14,378,410,753 shares or 96.31% of
(HMETD), bringing the total shares to          2011.                                      the Company’s total shares.
425,000,000.                                 › SCG Building Materials Co., Ltd. (now
                                               SCG Decor Public Company Limited)
                                               conducted a Tender Offer from July
                                               5, to August 3, 2011 and acquired
                                               3,537,500 shares from public
                                               shareholders through the Jakarta
                                               Automated Trading System (JATS)
                                               on the Indonesia Stock Exchange.
                                             › Company carried out corporate
                                               action to reduce its authorized and
                                               issued and paid-up capital, as well
                                               as the nominal value of shares,
                                               in connection with the quasi-
                                               reorganization of the Company.




           PT Keramika Indonesia Assosiasi Tbk
34         Laporan Tahunan & Laporan Keberlanjutan 2025
Page 37
 Ikhtisar Kinerja | Performance Highlights          Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                   Analisis dan Diskusi Manajemen
Laporan Manajemen | Management Report                                                                Laporan Keberlanjutan | Sustainability Report
                                                Management Discussion and Analysis




              2017                           2025

2017                                            2022-2023                                               2025
Status Perseroan kembali menjadi                Selama dua tahun berturut-turut,                        › Perseroan berhasil mempertahankan
Penanaman Modal Asing (PMA)                     Perseroan dan entitas anak, yaitu                         produk berkualitas dengan merek
dengan diterbitkannya Izin Prinsip              PT KIA Keramik Mas, meraih                                KIA, KIA HD, dan IMPRESSO yang
No.    4438/1/IP/PMA/2017     dan               Penghargaan     Program    Penilaian                      telah lama dikenal pasar, serta
No. 4444/1/IP/PMA/2017 oleh Kepala              Peringkat Kinerja Perusahaan dalam                        memperoleh penghargaan atas
BKPM pada tanggal 2 November 2017.              Pengelolaan    Lingkungan     Hidup                       konsistensi kualitasnya baik di dalam
                                                (PROPER), dengan Peringkat Biru, dari                     negeri maupun di pasar Asia, Eropa,
Company’s status reverted to a                  Kementerian Lingkungan Hidup dan                          Afrika, dan Amerika Serikat.
Foreign Investment Company (PMA)                Kehutanan Republik Indonesia.                           › Perseroan memperkuat komitmen
with the issuance of Principle                                                                            Eco Green melalui penerapan
Licenses No. 4438/1/IP/PMA/2017 and             For two consecutive years, the                            teknologi     ramah      lingkungan,
No. 4444/1/IP/PMA/2017 by the Head              Company and its subsidiary, PT KIA                        efisiensi energi, dan pengurangan
of BKPM on November 2, 2017.                    Keramik Mas, received the Blue                            jejak    karbon     dalam     proses
                                                Rating in the Corporate Performance                       produksi.
2019                                            Rating Program for Environmental                        › Perseroan         mengintegrasikan
› Pada bulan Juni, SCG Decor                    Management (PROPER) from the                              prinsip    Environmental,      Social,
  Public Company Limited melepas                Ministry of Environment and Forestry                      and      Governance     (ESG)       ke
  3,85% kepemilikan saham atau                  of the Republic of Indonesia.                             dalam strategi bisnis, dengan
  575.000.000 lembar sahamnya ke                                                                          menekankan kepuasan pelanggan,
  masyarakat.                                   2024                                                      keunggulan operasional, serta
› SCG Decor Public Company Limited              › Perseroan meraih Green Future                           kontribusi nyata bagi masyarakat
  melepas tambahan 0,42% atau                     Champion Awards dari Sun Energy.                        dan lingkungan.
  61.952.300 lembar saham mereka                › Perseroan mendapatkan beberapa
  ke masyarakat sepanjang Juli 2019               sertifikasi  dari    TUV     NORD                     › Company maintained the quality
  sampai 31 Desember 2019.                        Indonesia, yang terdiri dari: SNI                       of its well-known brands, KIA, KIA
› Perseroan               melakukan               ISO 9001:2015, SNI ISO 14001:2015,                      HD, and IMPRESSO, and received
  restrukturisasi bisnis pada tahun               dan ISO 45001:2018. Perseroan juga                      awards for consistent quality both
  2019 sebagai bagian dari upaya                  mendapatkan Certificate of Green                        domestically and in Asia, Europe,
  peningkatan efisiensi operasional               Label Indonesia dari Green Product                      Africa, and the United States.
  dan penguatan struktur Grup.                    Council Indonesia.                                    › Company strengthened its Eco
                                                                                                          Green commitment by adopting
› In June, SCG Decor Public Company             › Company received the Green Future                       environmentally               friendly
  Limited sold 3.85% of its shares,               Champion Awards from Sun Energy.                        technologies, energy efficiency,
  equivalent to 575,000,000 shares,             › Company        obtained     several                     and carbon footprint reduction in
  to the public.                                  certifications from TUV NORD                            the production process.
› From July to December 31, 2019, SCG                                                                   › Company integrated Environmental,
                                                  Indonesia, including: SNI ISO
  Decor Public Company Limited sold                                                                       Social, and Governance (ESG)
                                                  9001:2015, SNI ISO 14001:2015, and
  an additional 0.42% or 61,952,300                                                                       principles into its business strategy,
  shares to the public.                           ISO 45001:2018. The Company also
                                                  received the Green Label Indonesia                      emphasizing customer satisfaction,
› Company carried out a business
  restructuring in 2019 to improve                Certificate from the Green Product                      operational excellence, and tangible
  operational      efficiency      and            Council Indonesia.                                      contributions to society and the
  strengthen the Group’s structure.                                                                       environment.




                                                                                               PT Keramika Indonesia Assosiasi Tbk
                                                                                          2025 Annual Report & Sustainability Report                 35
Page 38
Riwayat Singkat Perusahaan
Brief Company History



   Perseroan didirikan pada tanggal 28 November 1968 dengan nama PT Keramika Indonesia Assosiasi,
   berdasarkan Akta Notaris Juliaan Nimrod Siregar, S.H., di Jakarta. Pada saat pendiriannya, Perseroan
   berstatus sebagai perusahaan Penanaman Modal Asing (PMA), sesuai dengan ketentuan Undang-
   Undang Penanaman Modal Asing No. 1 Tahun 1967. Status tersebut kemudian berubah menjadi
   Penanaman Modal Dalam Negeri (PMDN) pada tahun 1992, sebagaimana ditetapkan dalam Surat
   Keputusan Ketua Badan Koordinasi Penanaman Modal (BKPM) No. 25/V/1992 tanggal 15 Juni 1992.

   The Company was established on November 28, 1968 under the name PT Keramika Indonesia
   Assosiasi, based on the Notarial Deed of Juliaan Nimrod Siregar, S.H., in Jakarta. At the time of its
   establishment, the Company had the status of a Foreign Investment Company (PMA), in accordance
   with the provisions of the Foreign Investment Law No. 1 of 1967. This status was then changed to
   Domestic Investment (PMDN) in 1992, as stipulated in the Decree of the Chairman of the Investment
                     Coordinating Board (BKPM) No. 25/V/1992 dated June 15, 1992.




Dua tahun kemudian, tepatnya pada 8 Desember 1994, saham         Two years later, on December 8, 1994, the Company’s shares
Perseroan tercatat di Bursa Efek Jakarta dan Surabaya dengan     were listed on the Jakarta and Surabaya Stock Exchange under
kode saham KIAS. Perseroan melaksanakan pencatatan saham         the ticker code KIAS. The Company listed 25,000,000 shares.
sebanyak 25.000.000 lembar saham. Sejalan dengan hal             In line with this, the Company’s name was changed to PT
tersebut, Perseroan mengalami penyesuaian nama menjadi           Keramika Indonesia Assosiasi Tbk.
PT Keramika Indonesia Assosiasi Tbk.


Pada tahun 1997, Perseroan melaksanakan Penawaran Umum           In 1997, the Company conducted a Rights Issue I of 425,000,000
Terbatas I (PUT I) dengan Hak Memesan Efek Terlebih Dahulu       shares. Then, in 2008, Company issued 8,000,000,000 new
(HMETD) sebanyak 425.000.000 lembar saham. Kemudian,             shares to convert debt to creditors, increasing the total shares
pada tahun 2008, Perseroan menerbitkan 8.000.000.000             to 8,425,000,000 shares.
lembar saham baru untuk mengonversi utang kepada
para kreditur, sehingga total saham meningkat menjadi
8.425.000.000 lembar saham.


Tahun 2011 menjadi tonggak penting bagi Perseroan ketika         The year 2011 marked an important milestone for the Company
SCG Decor Public Company Limited (dahulu bernama SCG             when SCG Decor Public Company Limited (formerly known
Building Materials Co., Ltd.) melaksanakan Tender Offer pada 5   as SCG Building Materials Co., Ltd.) carried out Tender Offer
Juli hingga 3 Agustus 2011 dan memperoleh 3.537.500 lembar       from July 5 to August 3, 2011 and acquired 3,537,500 shares
saham dari pemegang saham publik melalui perdagangan             from public shareholders through automated trading (Jakarta
otomatis (Jakarta Automated Trading System – JATS) di Bursa      Automated Trading System – JATS) on the Indonesia Stock
Efek Indonesia. Sebagai tindak lanjut perkembangan bisnis,       Exchange. As a follow-up to business development, as well as
serta dalam rangka penguatan struktur kepemilikan dan            in order to strengthen the ownership structure and comply with
kepatuhan terhadap ketentuan pasar modal, para pemegang          capital market regulations, the shareholders appointed SCG
saham menetapkan SCG Decor Public Company Limited sebagai        Decor Public Company Limited as the controlling shareholder
pemegang saham pengendali Perseroan dengan kepemilikan           of the Company with ownership reaching 93.51% at the end
mencapai 93,51% pada akhir tahun 2011. Keputusan pemegang        of 2011. The shareholders’ decision regarding this matter was
saham terkait hal tersebut ditetapkan dalam Akta Pernyataan      stipulated in the Deed of Meeting Resolution Statement No. 26
Keputusan Rapat No. 26 tanggal 27 September 2011 yang            dated September 27, 2011 which was restated by Deed No. 4
dinyatakan kembali dengan Akta No. 4 tanggal 5 Oktober 2011,     dated October 5, 2011, both made before Sri Hidianingsih Adi
keduanya dibuat di hadapan Sri Hidianingsih Adi Sugijanto,       Sugijanto, S.H., Notary in Jakarta. SCG Decor Public Company
S.H., Notaris di Jakarta. SCG Decor Public Company Limited       Limited is a leading company in building materials industry



             PT Keramika Indonesia Assosiasi Tbk
36           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 39
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




adalah perusahaan terkemuka di industri bahan bangunan                 in Thailand, established on December 9, 1998 and located at
di Thailand, berdiri pada 9 Desember 1998 dan beralamat di             1 Siam Cement Road, Bangsue Sub-District, Bangsue District,
1 Siam Cement Road, Bangsue Sub-District, Bangsue District,            Bangkok, Thailand. In the same year, the Company also carried
Bangkok, Thailand. Pada tahun yang sama, Perseroan juga                out corporate action in the form of reducing authorized capital,
melaksanakan aksi korporasi berupa penurunan modal dasar,              issued and paid-up capital, and reducing the nominal value of
modal ditempatkan dan disetor, serta penurunan nilai nominal           shares in the context of Quasi Reorganization in accordance
saham dalam rangka Kuasi Reorganisasi sesuai Akta No. 13               with Deed No. 13 dated October 10, 2011.
tanggal 10 Oktober 2011.


Selanjutnya, pada 15 Februari 2012, Perseroan melaksanakan             Furthermore, on February 15, 2012, the Company carried out
Penawaran Umum Terbatas II (PUT II) dengan HMETD, yang                 Rights Issue II, which offered 6,504,100,000 series B shares.
menawarkan 6.504.100.000 saham seri B. Sebagian besar                  Most of the shares were taken by SCG Decor Public Company
saham diambil oleh SCG Decor Public Company Limited,                   Limited, thus increasing its ownership portion significantly.
sehingga porsi kepemilikannya meningkat signifikan. Namun,             However, to comply with Bapepam and Financial Institution
untuk memenuhi ketentuan Bapepam dan Lembaga Keuangan                  Regulation No. IX.H.1, SCG DecorPublic Company Limited
No. IX.H.1, SCG Decor Public Company Limited menjual kembali           resold all shares resulting from the Tender Offer to the public
kepada masyarakat seluruh saham hasil Tender Offer pada 28             on November 28, 2012. Thus, ownership of SCG Decor Public
November 2012. Dengan demikian, kepemilikan SCG Decor                  Company Limited was recorded at 14,378,410,753 shares or
Public Company Limited tercatat sebesar 14.378.410.753 lembar          equivalent to 96.31% as of December 31, 2012.
saham atau setara dengan 96,31% per 31 Desember 2012.


Pada tahun 2017, status Perseroan kembali menjadi Penanaman            In 2017, the Company’s status returned to Foreign Investment
Modal Asing (PMA) setelah penerbitan Izin Prinsip No. 4438/1/          (PMA) after the issuance of Principle Permit No. 4438/1/IP/
IP/PMA/2017 dan No. 4444/1/IP/PMA/2017 oleh Kepala BKPM                PMA/2017 and No. 4444/1/IP/PMA/2017 by the Head of BKPM
pada tanggal 2 November 2017. Dua tahun kemudian, pada                 on November 2, 2017. Two years later, in 2019, SCG Decor
2019, SCG Decor Public Company Limited melepas sebagian                Public Company Limited released part of its share ownership
kepemilikan sahamnya ke masyarakat, yaitu sebesar 3,85% atau           to the public, namely 3.85% or 575,000,000 shares in June,
575.000.000 lembar saham pada bulan Juni, serta tambahan               and an additional 0.42% or 61,952,300 shares until the end of
0,42% atau 61.952.300 lembar saham hingga akhir Desember.              December.


Pada tahun yang sama, Perseroan melakukan restrukturisasi              In the same year, the Company restructured its business
bisnis sebagai bagian dari upaya peningkatan efisiensi                 as part of its efforts to improve operational efficiency and
operasional dan penguatan struktur Grup. Salah satu langkah            strengthen the Group’s structure. One of the steps taken was
yang diambil adalah penghentian produksi keramik dinding               the cessation of wall tile production at Cileungsi factory, which
di pabrik Cileungsi, yang seluruhnya dipindahkan ke pabrik             was entirely transferred to Karawang factory effective from
Karawang efektif sejak 25 Oktober 2019. Selanjutnya,                   October 25, 2019. Furthermore, in order to optimize costs and
dalam rangka optimalisasi biaya dan efisiensi produksi, para           improve production efficiency, the shareholders decided to
pemegang saham memutuskan untuk membubarkan salah                      dissolve one of its subsidiaries, PT KIA Serpih Mas (KSM), on
satu entitas anak, yaitu PT KIA Serpih Mas (KSM), pada 28              November 28, 2019, followed by the liquidation. The production
November 2019, yang kemudian ditindaklanjuti dengan proses             of ceramic floor tiles previously carried out by KSM was taken
likuidasi. Produksi keramik lantai yang sebelumnya dilakukan           over directly by the Company. Meanwhile, ceramic roof tile
oleh KSM diambil alih langsung oleh Perseroan. Sementara               production activities carried out by another subsidiary, PT
itu, kegiatan produksi genteng keramik yang dijalankan                 KIA Keramik Mas (KKM), continued normally at two factory
oleh entitas anak lainnya, PT KIA Keramik Mas (KKM), tetap             locations, namely Cileungsi and Gresik.
berlangsung normal di dua lokasi pabrik, yaitu Cileungsi dan
Gresik.


Pada periode 2022–2023, Perseroan meraih penghargaan                   In the 2022–2023 period, Company received a Blue rating from
Program Penilaian Peringkat Kinerja Perusahaan dalam                   the Ministry of Environment and Forestry of the Republic of
Pengelolaan Lingkungan Hidup (PROPER) dengan peringkat                 Indonesia in the Corporate Performance Rating Assessment
Biru dari Kementerian Lingkungan Hidup dan Kehutanan                   Program in Environmental Management (PROPER) as a form of
Republik Indonesia sebagai bentuk pengakuan atas kinerja               recognition for the environmental management performance
pengelolaan lingkungan hidup yang telah dilakukan oleh                 carried out by the Company.
Perseroan.




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report                 37
Page 40
Tahun 2024 menjadi momentum penting dengan pencapaian             2024 marked a significant milestone, with the achievement
Green Future Champion Awards dari Sun Energy. Pada periode        of Green Future Champion Awards from Sun Energy. During
yang sama, Perseroan berhasil mempertahankan kualitas             the same period, the Company successfully maintained the
produk bersertifikasi melalui pengakuan berkelanjutan atas SNI    quality of its certified products through ongoing recognition on
ISO 9001:2015, SNI ISO 14001:2015, dan ISO 45001:2018 yang        SNI ISO 9001:2015, SNI ISO 14001:2015, and ISO 45001:2018
telah dimiliki sejak beberapa tahun sebelumnya. Perseroan         which have been owned since several years ago. The Company
juga memperoleh Certificate of Green Label Indonesia dari         also received the Green Label Indonesia Certificate from
Green Product Council Indonesia (GPCI), sebagai pengakuan         the Green Product Council Indonesia (GPCI), recognizing its
atas komitmen menghadirkan produk ramah lingkungan yang           commitment to provide environmentally friendly products that
memenuhi standar keberlanjutan dan efisiensi penggunaan           meet sustainability and resource efficiency standards. This
sumber daya. Sertifikat ini diberikan kepada produk yang telah    certificate is awarded to products that have passed verification
lolos verifikasi lembaga audit profesional sesuai kriteria yang   by a professional auditing institution and meet the required
dipersyaratkan.                                                   criteria.


Pada tahun 2025, Perseroan melanjutkan kiprahnya dengan           In 2025, Company continued its growth trajectory by
menempatkan penguatan bisnis, kepatuhan terhadap regulasi,        prioritizing business strengthening, regulatory compliance,
dan komitmen terhadap keberlanjutan sebagai prioritas utama.      and a strong commitment to sustainability. These efforts were
Upaya ini diwujudkan melalui konsistensi dalam menghadirkan       reflected in the consistent delivery of high-quality products
produk berkualitas dengan merek unggulan KIA, KIA HD, dan         under its flagship brands KIA, KIA HD, and IMPRESSO, which
IMPRESSO, yang telah memperoleh pengakuan dari pasar              have gained recognition in both domestic and international
domestik maupun internasional, mencakup Asia, Eropa, Afrika,      markets, including Asia, Europe, Africa, and the United States.
dan Amerika Serikat.




             PT Keramika Indonesia Assosiasi Tbk
38           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 41
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




Untuk memperkuat daya saing sekaligus memastikan                       To enhance competitiveness while ensuring long-term
keberlanjutan jangka panjang, Perseroan mengintegrasikan               sustainability, Company integrated Eco Green principles into its
prinsip Eco Green ke dalam proses produksi melalui penerapan           production processes through the adoption of environmentally
teknologi ramah lingkungan, efisiensi energi, dan pengurangan          friendly technologies, energy efficiency initiatives, and carbon
jejak karbon. Komitmen ini diperkuat dengan penerapan                  footprint reduction. This commitment was further reinforced by
aspek Environmental, Social, and Governance (ESG) dalam                the integration of Environmental, Social, and Governance (ESG)
strategi bisnis, sehingga setiap langkah Perseroan tidak               principles into the Company’s business strategy, ensuring
hanya berorientasi pada kepuasan pelanggan dan keunggulan              that every strategic initiative not only focuses on customer
operasional, tetapi juga memberikan kontribusi nyata bagi              satisfaction and operational excellence but also delivers
masyarakat dan lingkungan. Dengan arah tersebut, strategi              tangible contributions to society and the environment. Through
Perseroan selaras dengan visi untuk menjadi perusahaan yang            this direction, the Company’s strategy remains aligned with
menguntungkan dan berkelanjutan di Indonesia serta penyedia            its vision to become a profitable and sustainable enterprise
produk ramah lingkungan yang memberikan nilai tambah bagi              in Indonesia, as well as a provider of environmentally friendly
seluruh pemangku kepentingan.                                          products that create added value for all stakeholders.


Informasi Perubahan Nama                                               Information on Changes in Company Name

Sejak awal pendiriannya hingga akhir tahun buku 2025,                  Since its establishment until the end of the 2025 financial
Perseroan tidak pernah mengalami perubahan nama.                       year, the Company has never changed its name. Adjustments
Penyesuaian hanya terjadi seiring perubahan status Perseroan           only occurred in line with the Company’s transition to a public
menjadi perusahaan terbuka. Sejak 4 November 1994, setelah             company. Since November 4, 1994, following the official listing
saham Perseroan resmi tercatat di Bursa Efek, Perseroan mulai          of its shares on the Stock Exchange, the Company has operated
menggunakan nama PT Keramika Indonesia Assosiasi Tbk.                  under the name PT Keramika Indonesia Assosiasi Tbk.




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report                 39
Page 42
Visi dan Misi [OJK C.1]
Vision and Mission



       Menjadi perusahaan yang menguntungkan
      dan berkelanjutan di Indonesia serta penyedia
     produk ramah lingkungan, fokus pada kepuasan
                                                                                    VISI
        pelanggan, keunggulan operasional, dan                                      VISION
        berkontribusi pada masyarakat setempat.

      To be a sustainable and profitable company in
     Indonesia and preferred provider of eco-friendly
        product focusing on customer satisfaction,
     operational excellence, and contributing to local
                      communities.




                                                     Fokus pada penelitian dan pengembangan

   MISI                                           produk dan pelayanan, termasuk transfer ilmu
                                                 dan filosofi usaha dari SCG – Thailand. Perseroan
MISSION                                            menekankan pengembangan produk bernilai
                                                   tinggi, pengembangan sumber daya manusia,
                                                      kepuasan pelanggan, dan produk ramah
                                                  lingkungan. Misi ini akan membawa Perseroan
                                                    pada pertumbuhan yang berkelanjutan dan
                                                                 menguntungkan.

                                                Focus on Research and Development of product
                                                and services, including transfer of best practices
                                                  and business philosophy from SCG – Thailand.
                                                  The Company emphasizes on developing high
                                                 value products, human resources development,
                                                customer satisfaction, and eco-friendly products.
                                                These missions will bring sustainable growth and
                                                             profit to the Company.




         PT Keramika Indonesia Assosiasi Tbk
40       Laporan Tahunan & Laporan Keberlanjutan 2025
Page 43
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
 Laporan Manajemen | Management Report                                                           Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




Budaya Perusahaan [OJK C.1]
Corporate Culture


Budaya SCG People diwujudkan melalui empat nilai utama                 The SCG People culture is embodied through four core values
yang menjadi pedoman sikap dan perilaku setiap insan SCG,              that guide the attitudes and behaviors of every SCG employee,
yaitu:                                                                 namely:



Kepatuhan terhadap Keadilan                                             Adherence to Fairness
› Bekerja dengan jujur, transparan, dan terlacak serta                  Work honestly, transparently, and traceably and treat every
  memperlakukan semua pihak dengan hormat, tulus,                       party with respect, sincerity, friendliness, and fairness.
  bersahabat, dan adil.
› Bekerja dengan adil tanpa bias terhadap kelompok, usia,               Work fairly without bias on group, age, or institution.
  atau institusi tertentu.

Dedikasi pada Keunggulan                                                Dedication to Excellence

› Dedikasikan segala daya upaya untuk menciptakan inovasi               › Dedicate all the efforts to create valuable innovation to
  yang bernilai demi manfaat maksimal bagi semua pihak.                   maximize benefits for all relevant parties.
› Bertekad   dan    mendedikasikan      seluruh upaya,                  › Be determined and dedicate all efforts, knowledge
  pengetahuan, dan keterampilan pada pekerjaan dengan                     and skills for work expecting better results to strive to
  harapan hasil yang lebih baik, berupaya mencapai                        excellence considering synergy of benefits and impacts
  keunggulan dengan mempertimbangkan sinergi manfaat                      on relevant parties.
  dan berdampak pada pihak-pihak terkait.
› Ikuti perkembangan situasi terkini dan bersiap menghadapi             › Catch up with the latest situation and be ready to face
  situasi yang selalu berubah.                                            ever-changing situation.

Keyakinan pada Nilai Individu                                           Belief in Individual Values

› Bekerja sama seperti saudara, perhatian, peduli, puji,                › Work together like family members, give care, concern,
  sanjung, dan berikan nasihat untuk saling menunjukkan                   praise, compliment, and advice to give moral support to
  dukungan moral serta menghormati ide satu sama lain.                    each other and respect each other’s idea.
› Kerja sebagai tim dan saling membantu.                                › Work as a team and help each other.

Kepedulian pada Tanggung Jawab Sosial                                   Concern for Social Responsibility

› Mematuhi praktik kerja dengan standar keselamatan,                    › Always bear in mind safety standard, occupational health,
  kesehatan, dan lingkungan.                                              and environment while working.
› Berhati-hati saat menggunakan sumber daya untuk                       › Be conscious in using resource to create optimal values,
  menciptakan nilai yang maksimal, dan melestarikan                       and preserve nature at home and work and extend this
  alam baik di rumah maupun di tempat kerja, serta                        practice to outside community.
  menyebarluaskan praktik ini ke lingkungan sekitar.
› Berpartisipasi dalam pelestarian alam, kepedulian                     › Take part in natural preservation, community care, and
  lingkungan, dan aktivitas pengembangan sosial.                          social development activities.




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report                 41
Page 44
Kegiatan Usaha [OJK C.4]
Business Activities


Kegiatan Usaha Berdasarkan Anggaran Dasar                          Business Activities Based on the Latest Articles
Terakhir                                                           of Association
Berdasarkan Pasal 3 Anggaran Dasar yang terakhir, Perseroan        Based on Article 3 of the latest Articles of Association,
memiliki maksud dan tujuan untuk menjalankan kegiatan              the Company has the aims and objectives to engage in the
usaha di bidang:                                                   following areas:
1. Industri Pengolahan; dan                                        1. Processing industry; and
2. Perdagangan Besar dan Eceran, Reparasi dan Perawatan            2. Wholesale and Retail Trade, Repair and Maintenance of
   Mobil dan Sepeda Motor.                                             Cars and Motorcycles.

Untuk mencapai maksud dan tujuan tersebut di atas, Perseroan       To achieve the aims and objectives, the Company may carry out
dapat melaksanakan kegiatan usaha sebagai berikut:                 the following business activities:
1. Menjalankan usaha di bidang Industri pengolahan,                1. Running a business in the processing industry sector,
   termasuk tetapi tidak terbatas pada:                                including but not limited to:
   a. KBLI Nomor 23929: industri bahan bangunan dari                   a. KBLI Number 23929: building materials industry of
       tanah liat/keramik bukan batu bata dan genteng                      clay/ceramic not bricks and roof tile, which includes
       yang mencakup usaha pembuatan barang dari tanah                     the business of manufacturing goods from clay/
       liat/keramik untuk keperluan bahan bangunan bukan                   ceramic for building materials not bricks, roof tiles, and
       batu bata, genteng dan peralatan saniter dari porselen,             sanitary equipment made of porcelain, such as drains,
       seperti saluran air, ubin, lubang angin dan buis (cincin            tiles, vents, and buis (rings for wells), including ceramic
       untuk sumur), termasuk tungku keramik atau ubin                     furnaces or nonrefractory wall tiles, mosaic cubes and
       dinding non refraktori, kubus mosaik dan sebagainya,                so on, paving or non-refractory ceramic tiles, roof tiles,
       paving atau ubin keramik non refraktori, ubin untuk atap,           chimneys, pipes, ceramic drains and so on and floor
       cerobong asap, pipa, saluran keramik dan sebagainya                 joists of baked clay.
       dan balok lantai dari tanah liat yang dibakar.
   b. KBLI Nomor 23939: industri barang tanah liat/keramik             b. KBLI Number 23939: clay/ceramic and other porcelain
       dan porselen lainnya bukan bahan bangunan yang                     goods industry not building materials which includes
       mencakup usaha pembuatan macam-macam barang                        the business of making various kinds of goods from
       dari tanah liat/keramik dan porselen lainnya bukan                 clay/ceramic and other porcelain not building materials
       bahan bangunan yang belum tercakup dalam kelompok                  which does not include in household equipment
       industri perlengkapan rumah tangga dari porselen                   industry groups from electrical/engineering tools
       sampai dengan industri alat laboratorium dan alat                  from porcelain, including ceramic furniture and other
       listrik/teknik dari porselen, termasuk furnitur keramik            ceramic goods, which are included in it.
       dan barang-barang keramik lainnya, yang termasuk di
       dalamnya.
2. Menjalankan usaha-usaha dalam bidang perdagangan,               2. Running businesses in the trade sector, which includes
   yang meliputi perdagangan impor dan ekspor, antar                  import and export trade, inter-island/regional as well
   pulau/daerah serta lokal untuk barang-barang hasil                 as local for self-produced goods and products from
   produksi sendiri dan hasil produksi perusahaan lainnya             other companies as well as acting as agents, retailers,
   serta bertindak sebagai agen, ritel, grosir, distributor,          wholesalers, distributors, commissioners, suppliers and
   komisioner, leveransir dan sebagai perwakilan dari                 as representatives from companies or other legal entities,
   perusahaan-perusahaan atau badan hukum lain, baik                  both from within and from abroad, and also includes car
   dari dalam maupun dari luar negeri, dan juga termasuk di           and motorcycle repair businesses. Such undertakings
   dalamnya usaha reparasi mobil dan sepeda motor. Usaha              include but are not limited to:
   tersebut termasuk tapi tidak terbatas pada:
   a. KBLI Nomor 46633: perdagangan besar genteng, batu                a. KBLI Number 46633: wholesale trade of roof tile,
       bata, ubin dan sejenisnya dari tanah liat, kapur, semen            bricks, tile and the like made of clay, lime, cement
       atau kaca yang mencakup usaha perdagangan besar                    or glass which include wholesale trade of roof tile,
       genteng, batu bata dan ubin yang terbuat dari tanah                bricks, and tile made of clay, lime, cement or glass for
       liat, kapur, semen atau kaca untuk bahan konstruksi,               construction materials, such as pressed roof tiles, frog
       seperti genteng pres, genteng kodok, batu bata pres,               tiles, pressed bricks, hollow bricks, refractory bricks,
       batu bata berongga, bata tahan api, ubin lantai, ubin              floor tiles, wall tiles, and brick tiles, including vents,
       dinding, ubin batako, termasuk juga lubang angin, bak              bathtubs, toilets, plasterboard, pipes irrigation, and
       mandi, kloset, eternit, pipa irigasi dan buis.                     concrete pipe.
   b. KBLI Nomor 46635: perdagangan besar bahan                        b. KBLI Number 46635: wholesale trade in construction
       konstruksi dari porselen yang mencakup usaha                       materials from porcelain which includes wholesale
       perdagangan besar bahan konstruksi dari porselen,                  trade in construction materials from porcelain, such
       seperti kloset, bidet, wastafel, winoir, bak cuci, bak             as toilets, bidets, sinks, winoir, washtub, bathtubs, and
       mandi dan ubin dinding.                                            wall tiles.




             PT Keramika Indonesia Assosiasi Tbk
42           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 45
   Ikhtisar Kinerja | Performance Highlights            Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                          Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                                  Laporan Keberlanjutan | Sustainability Report
                                                       Management Discussion and Analysis




Kegiatan Usaha Tahun 2025                                                      Business Activities in 2025
Sepanjang tahun 2025, Perseroan menjalankan kegiatan usaha                     Throughout 2025, the Company conducted its business
sesuai dengan Pasal 3 Anggaran Dasar terakhir, dengan fokus                    activities in accordance with Article 3 of its latest Articles of
pada produk keramik lantai, keramik dinding, dan aksesorinya.                  Association, focusing on the production of floor tiles, wall tiles,
Sedangkan untuk produksi keramik genteng, dilakukan oleh                       and related accessories. Meanwhile, the production of roof
entitas anak. Seluruh aktivitas usaha dijalankan oleh Perseroan                tiles was carried out by its subsidiary. All business activities
dan entitas anak melalui fasilitas produksi di tiga lokasi pabrik,             were undertaken by the Company and its subsidiary through
yaitu Karawang, Cileungsi, dan Gresik.                                         manufacturing facilities located in three plant sites, Karawang,
                                                                               Cileungsi, and Gresik.

Produk yang Dihasilkan                                                         Products
Hingga 31 Desember 2025, Perseroan dan entitas anak, yaitu                     As of December 31, 2025, the Company and its subsidiary,
PT KIA Keramik Mas (KKM), melakukan kegiatan operasional                       PT KIA Keramik Mas (KKM), conducted operational activities
yang menghasilkan produk berikut ini:                                          resulting in the following products:
1. Keramik Lantai dan Keramik Dinding                                          1. Floor Tile and Wall Tile
   Keramik lantai, keramik dinding dan aksesori diproduksi                         Floor tile, wall tile and accesories are manufactured
   langsung oleh Perseroan.                                                        directly by the Company.
2. Keramik Genteng                                                             2. Roof Tile
   Keramik genteng dan aksesorinya diproduksi oleh entitas                         Roof tile and accessories are manufactured by the
   anak, yaitu PT KIA Keramik Mas (KKM).                                           subsidiary, PT KIA Keramik Mas (KKM).




Wilayah Operasional [OJK C.3]
Operational Areas


                                        Kantor Pusat
                                        Head Office

                                        Graha Mobisel, Lantai 3/3rd Floor
                                        Jl. Buncit Raya No. 139 Kalibata, Pancoran
                                        Jakarta Selatan/South Jakarta – 12740




Pabrik
Factory

Jl. Raya Narogong KM. 51,9
Desa Limusnunggal
Kecamatan Cileungsi
Kabupaten Bogor
Jawa Barat – Indonesia                    Kawasan Industri Surya Cipta                             Jl. Raya Karang Andong, Desa Pasinan Lemahputih
Jl. Raya Narogong KM. 51.9                Jl. Surya Lestari Kav. 1 & 2, Desa Kutamekar             Kecamatan Wringin Anom, Kabupaten Gresik
Limusnunggal Village, Cileungsi           Kecamatan Ciampel, Kabupaten Karawang                    Jawa Timur – Indonesia
District, Bogor Regency                   Jawa Barat – Indonesia                                   Jl. Raya Karang Andong, Pasinan Lemahputih
West Java – Indonesia                     Surya Cipta City of Industry                             Village, Wringin Anom District
                                          Jl. Surya Lestari Kav. 1 & 2                             Gresik Regency, East Java – Indonesia
                                          Kutamekar Village, Ciampel District
                                          Karawang Regency, West Java – Indonesia




                                                                                                   PT Keramika Indonesia Assosiasi Tbk
                                                                                              2025 Annual Report & Sustainability Report                 43
Page 46
Struktur Organisasi
Organizational Structure

                                                           Dewan Komisaris
                                                        Board of Commissioners




        Komite Nominasi dan
             Remunerasi                                        Direktur Utama                     Komite Audit
     Nomination and Remuneration                              President Director                 Audit Committee
              Committee


         Ketua | Chairwoman                                    Boonyarit Jaiya                  Ketua | Chairwoman
         Krisana Eamvorasombat                                                                 Krisana Eamvorasombat

          Anggota | Member                                                                      Anggota | Member
           Anuvat Chalermchai                                                               Dr. Ancella Anitawati Hermawan
              Eko Raharjo                                                               Dwi Astuti Rosmanianingrum Nainggolan




               Sekretaris                                                                               Audit
               Perusahaan                                                                              Internal
                Corporate                                                                              Internal
                Secretary                                                                                Audit


                Verawaty                                                                             Dery Halim
                Trisno H                                                                               Zhafir




                                                                                                         Direktur Keuangan
      Direktur                    Sustainable                  Personalia dan
                                                                                                           & Administrasi
     Operational                 Development &                     Umum
                                                                                                             Finance &
      Operation                 Quality Assurance               Personnel &
                                                                                   Pemasaran               Administration
       Director                     (SD & QA)                  General Affairs
                                                                                   Marketing                  Director


       Gunarso                   Doedy Hidayat S                 Eko Raharjo                             Susalak Khiew - Orn




                      Production                               Engineering &
   Produksi           Planning &            Teknisi            Pemeliharaan                Administrasi           Akuntansi
  Production           Inventory           Technical           Maintenance &               Administration
                     Contol (PPlC)                              Engineering


 Ibrohim Aji          Yandi Marta          Fitriawati          Martono Adhi               Rossita Sunatra          Sanny
Agan Suhadi             Wijaya             Endiriyani                                                             Christina
Ari Agustomo


Catatan: per 31 Desember 2025
Note: as of December 31, 2025


               PT Keramika Indonesia Assosiasi Tbk
44             Laporan Tahunan & Laporan Keberlanjutan 2025
Page 47
   Ikhtisar Kinerja | Performance Highlights        Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                      Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                              Laporan Keberlanjutan | Sustainability Report
                                                   Management Discussion and Analysis




Keanggotaan Asosiasi [OJK C.5]
Association Membership


Asosiasi atau Organisasi               Posisi di Asosiasi atau Organisasi          Alamat
Association or Organization            Position in the Association or Organization Address

Asosiasi Aneka Industri                Ketua Bidang Energi merangkap Anggota              Menara Kadin, Lantai Dasar
Keramik Indonesia (ASAKI)              Head of Energy Division and Member                 Jl. H.R. Rasuna Said Blok X-5 Kav.2-3
Indonesian Ceramic Industry                                                               Jakarta 12950 – Indonesia
Association (ASAKI)                                                                       Menara Kadin, Ground Floor
                                                                                          Jl. H.R. Rasuna Said Blok X-5 Kav.2-3
                                                                                          Jakarta 12950 – Indonesia

Asosiasi Pengusaha Indonesia           Anggota                                            Gedung Permata Kuningan, Lantai 10
(APINDO)                               Member                                             Jl. Kuningan Mulia Kav. 9C
The Indonesian Employers’                                                                 Guntur, Setiabudi
Association (APINDO)                                                                      Jakarta Selatan 12980 – Indonesia
                                                                                          Permata Kuningan Building, 10th Floor
                                                                                          Jl. Kuningan Mulia Kav.9C, Guntur, Setiabudi
                                                                                          South Jakarta 12980 – Indonesia

Indonesia Corporate Secretary Anggota                                                     Epicentrum Walk Office Building
Association (ICSA)            Member                                                      Lantai 5 Suite A509
                                                                                          Jl. H.R. Rasuna Said, Kuningan, Epicentrum Area
                                                                                          Jakarta 12960 – Indonesia
                                                                                          Epicentrum Walk Office Building
                                                                                          Level 5 Suite A509
                                                                                          Jl. H.R. Rasuna Said, Kuningan, Epicentrum Area
                                                                                          Jakarta 12960 – Indonesia

Asosiasi Emiten Indonesia              Anggota                                            Gedung Permata Kuningan, Lantai 20
(AEI)                                  Member                                             Jl. Kuningan Mulia Kav. 9C, Guntur, Setiabudi
Indonesian Public Listed                                                                  Jakarta Selatan 12980 – Indonesia
Companies Association (AEI)                                                               Permata Kuningan Building, 20th Floor
                                                                                          Jl. Kuningan Mulia Kav. 9C, Guntur, Setiabudi
                                                                                          South Jakarta 12980 – Indonesia




Perubahan Bersifat Signifikan [OJK C.6]
Significant Changes


Sepanjang tahun 2025, tidak terdapat perubahan yang bersifat               Throughout 2025, there were no significant or material
signifikan atau material dalam struktur organisasi maupun                  changes to the Company’s organizational structure nor
kegiatan operasional Perseroan. Perseroan tidak melakukan                  operational activities. The Company did not undertake any
aksi korporasi berupa penggabungan atau merger, penutupan                  corporate actions in the form of mergers, closures of branch
kantor cabang, pabrik, atau unit usaha, maupun pembukaan                   offices, factory, or business units, nor the opening of new
kantor cabang, pabrik, atau unit usaha baru. Seluruh aktivitas             branch offices, factory, or business units. All business activities
usaha berjalan sesuai dengan rencana kerja yang telah                      proceeded in accordance with the established work plan, while
ditetapkan, dengan tetap mengedepankan efisiensi, kepatuhan                prioritizing efficiency, compliance with statutory provisions,
terhadap ketentuan peraturan perundang-undangan, serta                     and operational continuity.
kesinambungan operasional.




                                                                                               PT Keramika Indonesia Assosiasi Tbk
                                                                                          2025 Annual Report & Sustainability Report                 45
Page 48
Profil Dewan Komisaris [IDX G-01]
Board of Commissioners Profile




                                                                   Anuvat Chalermchai
                                                                   Komisaris Utama
                                                                   President Commissioner
                                                                   Kewarganegaraan          Thailand
                                                                   Citizenship
                                                                   Usia                     60 tahun
                                                                   Age                      60 years old




Dasar Hukum Pengangkatan                                           Legal Basis of Appointment
›   Pertama kali diangkat sebagai Komisaris efektif pada tanggal   ›   First appointed as Commissioner, effective as of September 1,
    1 September 2020, berdasarkan Keputusan Rapat Umum                 2020, pursuant to the resolution of the Extraordinary General
    Pemegang Saham Luar Biasa (RUPSLB) tanggal 26 Agustus              Meeting of Shareholders (EGMS) held on August 26, 2020.
    2020.                                                          ›   Subsequently appointed as President Commissioner, effective
›   Diangkat sebagai Komisaris Utama efektif pada tanggal              as of August 25, 2021, pursuant to the resolution of the Annual
    25 Agustus 2021, berdasarkan Keputusan Rapat Umum                  General Meeting of Shareholders (AGMS) held on August 25,
    Pemegang Saham Tahunan (RUPST) tanggal 25 Agustus 2021.            2021.
Riwayat Pendidikan                                                 Educational Background
›   Bachelor of Engineering, Computer Science, Chulalongkorn       ›   Bachelor of Engineering, Computer Science, Chulalongkorn
    University, Thailand                                               University, Thailand
›   Master of Business Administration (Marketing & Finance),       ›   Master of Business Administration (Marketing & Finance),
    University of California, Los Angeles, U.S.A.                      the University of California, Los Angeles, U.S.A.
›   Advanced Management Program (AMP), Harvard Business            ›   Advanced Management Program (AMP), Harvard Business
    School, U.S.A.                                                     School, U.S.A.
Riwayat Jabatan                                                    Employment History
2010-2018                                                          2010-2018
Brand Management and Communication Director, SCG Cement-           Brand Management and Communication Director, SCG Cement-
Building Materials Co., Ltd., Thailand                             Building Materials Co., Ltd., Thailand
2018-2019                                                          2018-2019
Country Director – Philippines, SCG Cement-Building Materials      Country Director – Philippines, SCG Cement-Building Materials
Co., Ltd., Thailand                                                Co., Ltd., Thailand
2020-2021                                                          2020-2021
Komisaris, PT Keramika Indonesia Assosiasi Tbk, Indonesia          Commissioner, PT Keramika Indonesia Assosiasi Tbk, Indonesia
2012-2016, 2020-2022                                               2012-2016, 2020-2022
President of Marketing Association of Thailand (MAT)               President of Marketing Association of Thailand (MAT)
2019-2023                                                          2019-2023
› Managing Director, Cementhai Ceramics Co., Ltd., Thailand        › Managing Director, Cementhai Ceramics Co., Ltd., Thailand
› Head of Ceramics Business, SCG Cement-Building Materials         › Head of Ceramics Business, SCG Cement-Building Materials
  Co., Ltd., Thailand                                                Co., Ltd., Thailand
› Komisaris, PT Surya Siam Keramik, Indonesia                      › Commissioner, PT Surya Siam Keramik, Indonesia
2023-2024                                                          2023-2024
Chief Marketing Officer, SCG Distribution Co., Ltd., Thailand      Chief Marketing Officer, SCG Distribution Co., Ltd., Thailand
Rangkap Jabatan                                                    Concurrent Position
Sejak 2020                                                         Since 2020
Chairman and Director of SCG’s subsidiaries, associates and        Chairman and Director of SCG’s subsidiaries, associates and
other companies which are non-listed as assigned by SCG            other companies which are non-listed as assigned by SCG
Sejak 2021                                                         Since 2021
Anggota Komite Nominasi dan Remunerasi Perseroan                   Member of the Company’s Nomination and Remuneration
                                                                   Committee
Sejak 2023                                                         Since 2023
Country Director – China, SCG                                      Country Director – China, SCG
Sejak 2024                                                         Since 2024
Managing Director, Domestic Distribution, SCG Distribution Co.,    Managing Director, Domestic Distribution, SCG Distribution Co.,
Ltd., Thailand                                                     Ltd., Thailand
Hubungan Afiliasi                                                  Affiliate Relationship
Tidak memiliki hubungan afiliasi dalam bentuk hubungan             No affiliation in the form of financial or management relationship
keuangan maupun hubungan kepengurusan dengan anggota               with other members of the Board of Commissioners, also with
Dewan Komisaris lainnya, anggota Direksi, atau dengan pemegang     members of the Board of Directors, or with majority and controlling
saham utama dan pengendali.                                        shareholders.




              PT Keramika Indonesia Assosiasi Tbk
46            Laporan Tahunan & Laporan Keberlanjutan 2025
Page 49
   Ikhtisar Kinerja | Performance Highlights     Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                   Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                           Laporan Keberlanjutan | Sustainability Report
                                                Management Discussion and Analysis




                                                                        Warit Jintanawan
                                                                        Komisaris
                                                                        Commissioner
                                                                        Kewarganegaraan             Thailand
                                                                        Citizenship
                                                                        Usia                        51 tahun
                                                                        Age                         51 years old




Dasar Hukum Pengangkatan                                                Legal Basis of Appointment
Pertama kali diangkat sebagai Komisaris efektif pada 10 Juni            First appointed as Commissioner, effective as of June 10, 2022,
2022, berdasarkan Keputusan Rapat Umum Pemegang Saham                   pursuant to the resolution of the Annual General Meeting of
Tahunan (RUPST) tanggal 10 Juni 2022.                                   Shareholders (AGMS) held on June 10, 2022.
Riwayat Pendidikan                                                      Educational Background
1995                                                                    1995
Bachelor of Civil Engineering, Chulalongkorn University, Thailand       Bachelor of Civil Engineering, Chulalongkorn University, Thailand
1997                                                                    1997
Master of Civil Engineering, University of Illinois @Urbana –           Master of Civil Engineering, University of Illinois @Urbana –
Champaign, USA                                                          Champaign, USA
2003                                                                    2003
Master of Management (MBA), Kellogg School of Management,               Master of Management (MBA), Kellogg School of Management,
Northwestern University, USA                                            Northwestern University, USA
2025                                                                    2025
Advance Management Program (AMP), Harvard Business School,              Advance Management Program (AMP), Harvard Business School,
USA                                                                     USA
Riwayat Jabatan                                                         Employment History
2003-2006                                                               2003-2006
Assistant Manager, Planning Office, SCG Cement Co., Ltd., Thailand      Assistant Manager, Planning Office, SCG Cement Co., Ltd., Thailand
2006-2009                                                               2006-2009
Assistant Director, Corporate Planning Office, Siam Cement Plc,         Assistant Director, Corporate Planning Office, Siam Cement Plc,
Thailand                                                                Thailand
2009-2013                                                               2009-2013
Director, Marketing Division, SCG Network Management Co., Ltd.,         Director, Marketing Division, SCG Network Management Co., Ltd.,
Thailand                                                                Thailand
2013-2014                                                               2013-2014
Director, Branding and Marketing Division, SCG Vietnam, Vietnam         Director, Branding and Marketing Division, SCG Vietnam, Vietnam
2014-2016                                                               2014-2016
Director, Sourcing Business, SCG Cement Building Materials Co.,         Director, Sourcing Business, SCG Cement Building Materials Co.,
Ltd., Thailand                                                          Ltd., Thailand
2016-2018                                                               2016-2018
Vice CEO, Business Development, Siam Global House Plc, Thailand         Vice CEO, Business Development, Siam Global House Plc, Thailand
2022-2025                                                               2022-2025
Direktur Utama, PT Kokoh Inti Arebama Tbk, Indonesia                    President Director, PT Kokoh Inti Arebama Tbk, Indonesia
Rangkap Jabatan                                                         Concurrent Position
Sejak 2018                                                              Since 2018
Direktur Operasional dan Strategi, PT Catur Sentosa Adiprana Tbk,       Director, Operations and Strategy, PT Catur Sentosa Adiprana Tbk,
Indonesia                                                               Indonesia
Sejak 2022                                                              Since 2022
Komisaris, PT Karya Makmur Kreasi Prima, Indonesia                      Commissioner, PT Karya Makmur Kreasi Prima, Indonesia
Sejak 2023                                                              Since 2023
› Komisaris, PT Siam-Indo Gypsum Industry, Indonesia                    › Commissioner, PT Siam-Indo Gypsum Industry, Indonesia
› Komisaris, PT Siam-Indo Concrete Products, Indonesia                  › Commissioner, PT Siam-Indo Concrete Products, Indonesia
› Komisaris, PT SCG Indonesia, Indonesia                                › Commissioner, PT SCG Indonesia, Indonesia
Sejak 2025                                                              Since 2025
Komisaris, PT Kokoh Inti Arebama Tbk, Indonesia                         Commissioner, PT Kokoh Inti Arebama Tbk, Indonesia
Hubungan Afiliasi                                                       Affiliate Relationship
Tidak memiliki hubungan afiliasi dalam bentuk hubungan                  No affiliation in the form of financial or management relationship
keuangan maupun hubungan kepengurusan dengan anggota                    with other members of the Board of Commissioners, also with
Dewan Komisaris lainnya, anggota Direksi, atau dengan                   members of the Board of Directors, nor with majority and
pemegang saham utama dan pengendali.                                    controlling shareholders.




                                                                                            PT Keramika Indonesia Assosiasi Tbk
                                                                                       2025 Annual Report & Sustainability Report                 47
Page 50
                                                               Krisana Eamvorasombat
                                                               Komisaris Independen
                                                               Independent Commissioner
                                                               Kewarganegaraan       Thailand
                                                               Citizenship
                                                               Usia                  69 tahun
                                                               Age                   69 years old




Dasar Hukum Pengangkatan                                       Legal Basis of Appointment
Pertama kali diangkat sebagai Komisaris Independen secara      First appointed as Independent Commissioner, effective as
efektif pada tanggal 25 Agustus 2021, berdasarkan Keputusan    of August 25, 2021, pursuant to the resolution of the Annual
Rapat Umum Pemegang Saham Tahunan (RUPST) tanggal 25           General Meeting of Shareholders (AGMS) held on August 25,
Agustus 2021.                                                  2021.
Riwayat Pendidikan                                             Educational Background
›   Bachelor of Accountancy, Chulalongkorn University,         ›   Bachelor of Accountancy, Chulalongkorn University,
    Thailand                                                       Thailand
›   Master of Business Administration, Kasetsart University,   ›   Master of Business Administration, Kasetsart University,
    Thailand                                                       Thailand
›   Certified Internal Auditor (CIA), Institute of Internal    ›   Certified Internal Auditor (CIA), Institute of Internal
    Auditors, Thailand                                             Auditors, Thailand
Riwayat Jabatan                                                Employment History
1988-2015                                                      1988-2015
Head of Internal Audit on Cement Business di SCG Cement        Head of Internal Audit on Cement Business, SCG Cement
– Building Materials, SCG Chemical Business, SCG Paper &       – Building Materials, SCG Chemical Business, SCG Paper &
Packaging Business, Internal Audit Development and Audit       Packaging Business, Internal Audit Development and Audit
Planning, Internal Audit Office, The Siam Cement Public        Planning, Internal Audit Office, The Siam Cement Public
Company Limited, Thailand                                      Company Limited, Thailand
2009-2014                                                      2009-2014
Member of Committee Drafting/Revising Academic Contents        Member of Committee Drafting/Revising Academic Contents
of Internal Auditing for Sukhothai Thammathirat Open           of Internal Auditing for Sukhothai Thammathirat Open
University, Thailand                                           University, Thailand
2015-2016                                                      2015-2016
Chairman of Audit Committee-The Institute of Internal          Chairman of Audit Committee-The Institute of Internal
Auditors of Thailand (IIA)                                     Auditors of Thailand (IIA)
Rangkap Jabatan                                                Concurrent Position
Sejak 2010                                                     Since 2010
Member of Committee on Accounting System, Federation of        Member of Committee on Accounting System, Federation of
Accounting Professions, Thailand                               Accounting Professions, Thailand
Sejak 2016                                                     Since 2016
Internal Audit Risk Management & Business Process              Internal Audit Risk Management & Business Process
Improvement Advisor, Origin Property Public Company            Improvement Advisor, Origin Property Public Company
Limited, Thailand                                              Limited, Thailand
Sejak 2019                                                     Since 2019
Member of Audit Committee, Thailand Productivity Institute     Member of Audit Committee, Thailand Productivity Institute
Sejak 2021                                                     Since 2021
› Ketua Komite Audit Perseroan                                 › Chairman of the Company’s Audit Committee
› Ketua Komite Nominasi dan Remunerasi Perseroan               › Chairman of the Company’s Nomination and
                                                                   Remuneration Committee
Hubungan Afiliasi                                              Affiliation
Tidak memiliki hubungan afiliasi dalam bentuk hubungan         No affiliation in the form of financial or management
keuangan maupun hubungan kepengurusan dengan anggota           relationship with other members of the Board of
Dewan Komisaris lainnya, anggota Direksi, atau dengan          Commissioners, also with members of the Board of Directors,
pemegang saham utama dan pengendali.                           nor with majority and controlling shareholders.




             PT Keramika Indonesia Assosiasi Tbk
48           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 51
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




Pernyataan Independensi Komisaris
Independen [IDX G-01]
Statement of Independence of the Independent Commissioner


Komisaris Independen yang menjabat pada tahun 2025 diangkat            The Independent Commissioner serving in 2025 was first
untuk pertama kali pada tahun 2021 dengan masa jabatan lima            appointed in 2021 for a five-year term of office, which will expire
tahun, yang akan berakhir pada tahun 2026. Dengan demikian,            in 2026. Accordingly, the current Independent Commissioner is
Komisaris Independen saat ini masih menjalankan tugas untuk            serving the first term and has not held office for more than two
periode pertama dan belum menjabat lebih dari dua periode.             terms.




Perubahan Komposisi Dewan Komisaris
Changes in the Composition of the Board of Commissioners


Komposisi Dewan Komisaris Perseroan pada tahun 2025 tidak              The composition of the Company’s Board of Commissioners
berubah dan tetap sama dengan susunan per 31 Desember                  in 2025 remained unchanged and was the same as the
2024. Dengan demikian, susunan per 31 Desember 2025                    composition as of December 31, 2024. Accordingly, the
adalah sebagai berikut:                                                composition as of December 31, 2025 is as follows:


Nama                                                              Jabatan
Name                                                              Position

Anuvat Chalermchai                                                Komisaris Utama
                                                                  President Commissioner

Warit Jintanawan                                                  Komisaris
                                                                  Commissioner

Krisana Eamvorasombat                                             Komisaris Independen
                                                                  Independent Commissioner




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report                 49
Page 52
Profil Direksi [IDX G-01]
Board of Directors Profile




                                                                  Boonyarit Jaiya
                                                                  Direktur Utama
                                                                  President Director
                                                                  Kewarganegaraan         Thailand
                                                                  Citizenship
                                                                  Usia                    52 tahun
                                                                  Age                     52 years old




Dasar Hukum Pengangkatan                                          Legal Basis of Appointment

›   Pertama kali diangkat sebagai Direktur Utama efektif          ›   First appointed as President Director, effective as of March
    pada tanggal 1 Maret 2020, berdasarkan Keputusan Rapat            1, 2020, pursuant to the resolution of the Extraordinary
    Umum Pemegang Saham Luar Biasa (RUPSLB) tanggal 23                General Meeting of Shareholders (EGMS) held on January
    Januari 2020.                                                     23, 2020.
›   Kemudian diangkat kembali sebagai Direktur Utama              ›   Subsequently reappointed as President Director, effective
    efektif pada tanggal 25 Agustus 2021, berdasarkan                 as of August 25, 2021, pursuant to the resolution of the
    Keputusan Rapat Umum Pemegang Saham Tahunan                       Annual General Meeting of Shareholders (AGMS) held on
    (RUPST) tanggal 25 Agustus 2021.                                  August 25, 2021.

Riwayat Pendidikan                                                Educational Background

1996                                                              1996
Bachelor of Engineering, Mechanical Engineering, Chiang Mai       Bachelor of Engineering, Mechanical Engineering, Chiang Mai
University, Thailand                                              University, Thailand
2011                                                              2011
Master of Business Administration, Burapha University, Thailand   Master of Business Administration, Burapha University, Thailand

Riwayat Jabatan                                                   Employment History

1996-2002                                                         1996-2002
Production Engineer, Thai Ceramic Co., Ltd., Thailand             Production Engineer, Thai Ceramic Co., Ltd., Thailand
2003-2004                                                         2003-2004
Engineer, Mariwasa Siam Co., Ltd., The Philippines                Engineer, Mariwasa Siam Co., Ltd., The Philippines
2005-2012                                                         2005-2012
Production Engineer, Thai Ceramic Co., Ltd., Thailand             Production Engineer, Thai Ceramic Co., Ltd., Thailand
2013-2016                                                         2013-2016
Direktur Produksi, PT Surya Siam Keramik, Indonesia               Production Director, PT Surya Siam Keramik, Indonesia
2017-2019                                                         2017-2019
› Direktur, PT KIA Serpih Mas, Indonesia                          › Director, PT KIA Serpih Mas, Indonesia
› Direktur, PT KIA Keramik Mas, Indonesia                         › Director, PT KIA Keramik Mas, Indonesia
2020- September 2023                                              2020- September 2023
Direktur, PT Surya Siam Keramik, Indonesia                        Director, PT Surya Siam Keramik, Indonesia

Rangkap Jabatan                                                   Concurrent Position

Sejak 2020                                                        Since 2020
Direktur Utama, PT KIA Keramik Mas, Indonesia                     President Director, PT KIA Keramik Mas, Indonesia

Hubungan Afiliasi                                                 Affiliation

Tidak memiliki hubungan afiliasi dalam bentuk hubungan            No affiliation in the form of financial or management relationship
keuangan maupun hubungan kepengurusan dengan anggota              with other members of the Board of Directors, also with members
Direksi lainnya, juga dengan anggota Dewan Komisaris, maupun      of Board of Commissioners, nor with majority and controlling
dengan pemegang saham utama dan pengendali.                       shareholders.




             PT Keramika Indonesia Assosiasi Tbk
50           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 53
     Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                    Analisis dan Diskusi Manajemen
    Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                                 Management Discussion and Analysis




                                                                            Susalak Khiew-Orn
                                                                            Direktur
                                                                            Director
                                                                            Kewarganegaraan          Thailand
                                                                            Citizenship
                                                                            Usia                     55 tahun
                                                                            Age                      55 years old




Dasar Hukum Pengangkatan                                                Legal Basis of Appointment

›   Pertama kali diangkat sebagai Direktur efektif pada tanggal         ›    First appointed as Director, effective as of November 22, 2016,
    22 November 2016, berdasarkan Keputusan Rapat Umum                       pursuant to the resolution of the Extraordinary General Meeting
    Pemegang Saham Luar Biasa (RUPSLB) tanggal 22 November                   of Shareholders (EGMS) held on November 22, 2016.
    2016.
›   Kemudian diangkat kembali sebagai Direktur efektif pada             ›    Subsequently reappointed as Director, effective as of August 25,
    tanggal 25 Agustus 2021, berdasarkan Keputusan Rapat Umum                2021, pursuant to the resolution of the Annual General Meeting
    Pemegang Saham Tahunan (RUPST) tanggal 25 Agustus 2021.                  of Shareholders (AGMS) held on August 25, 2021.

Riwayat Pendidikan                                                      Educational Background

1992                                                                    1992
Bachelor of Business Administration, Accounting dari Prince of          Bachelor of Business Administration, Accounting, Prince of Songkla
Songkla University, Thailand                                            University, Thailand

Riwayat Jabatan                                                         Employment History

2002-2003                                                               2002-2003
Manager Sales Accounting, The Siam Cement Industry Co., Ltd.,           Manager Sales Accounting, The Siam Cement Industry Co., Ltd.,
Thailand                                                                Thailand
2004-2005                                                               2004-2005
Manager Managerial Report Cement Business, Cementhai                    Manager Managerial Report Cement Business, Cementhai
Accounting Services Co., Ltd., Thailand                                 Accounting Services Co., Ltd., Thailand
2006-2015                                                               2006-2015
Manager SAP-ERP, The Siam Cement Public Company Limited,                Manager SAP-ERP, The Siam Cement Public Company Limited,
Thailand                                                                Thailand
2016-2019                                                               2016-2019
› Direktur Keuangan, PT Keramika Indonesia Assosiasi Tbk,               › Finance Director, PT Keramika Indonesia Assosiasi Tbk,
    Indonesia                                                               Indonesia
› Direktur, PT KIA Serpih Mas, Indonesia                                › Director , PT KIA Serpih Mas, Indonesia
› Direktur, PT KIA Keramik Mas, Indonesia                               › Director, PT KIA Keramik Mas, Indonesia
› Direktur, PT Surya Siam Keramik, Indonesia                            › Director, PT Surya Siam Keramik, Indonesia
2018-2024                                                               2018-2024
Direktur Keuangan, PT Kokoh Inti Arebama Tbk, Indonesia                 Finance Director, PT Kokoh Inti Arebama Tbk, Indonesia
2020-2024                                                               2020-2024
› Chief Financial Officer (CFO) SCG Cement Building Materials           › Chief Financial Officer (CFO) SCG Cement Building Materials
    –Indonesia, Regional Business –Indonesia, Cement -Building              –Indonesia, Regional Business –Indonesia, Cement -Building
    Materials Business, Indonesia                                           Materials Business, Indonesia
› Direktur, PT Karya Makmur Kreasi Prima, Indonesia                     › Director, PT Karya Makmur Kreasi Prima, Indonesia
› Direktur, PT Surya Siam Keramik, Indonesia                            › Director, PT Surya Siam Keramik, Indonesia
› Direktur, PT Renos Marketplace Indonesia                              › Director, PT Renos Marketplace Indonesia

Rangkap Jabatan                                                         Concurrent Position

Sejak 2020                                                              Since 2020
Direktur, PT KIA Keramik Mas, Indonesia                                 Director, PT KIA Keramik Mas, Indonesia
Sejak 1 Januari 2025                                                    Since January 1, 2025
Head of Accounting System and Process Development, Corporate            Head of Accounting System and Process Development, Corporate
Accounting Office, The Siam Cement Public Co., Ltd., Thailand           Accounting Office, The Siam Cement Public Co., Ltd., Thailand

Hubungan Afiliasi                                                       Affiliation

Tidak memiliki hubungan afiliasi dalam bentuk hubungan keuangan         No affiliation in the form of financial or management relationship
maupun hubungan kepengurusan dengan anggota Direksi lainnya,            with other members of the Board of Directors, also with members
juga dengan anggota Dewan Komisaris, maupun dengan pemegang             of Board of Commissioners, nor with majority and controlling
saham utama dan pengendali.                                             shareholders.



                                                                                             PT Keramika Indonesia Assosiasi Tbk
                                                                                        2025 Annual Report & Sustainability Report                 51
Page 54
                                                                 Gunarso
                                                                 Direktur Independen
                                                                 Independent Director
                                                                 Kewarganegaraan         Indonesia
                                                                 Citizenship
                                                                 Usia                    58 tahun
                                                                 Age                     58 years old




Dasar Hukum Pengangkatan                                         Legal Basis of Appointment

›   Pertama kali diangkat sebagai Direktur Independen efektif    ›   First appointed as Independent Director, effective as of Janu-
    pada tanggal 23 Januari 2020, berdasarkan Keputusan              ary 23, 2020, pursuant to the resolution of the Extraordinary
    Rapat Umum Pemegang Saham Luar Biasa (RUPSLB)                    General Meeting of Shareholders (EGMS) held on January
    tanggal 23 Januari 2020.                                         23, 2020.
›   Kemudian kembali diangkat sebagai Direktur Independen        ›   Subsequently reappointed as Independent Director, effec-
    efektif pada tanggal 25 Agustus 2021, berdasarkan                tive as of August 25, 2021, pursuant to the resolution of the
    Keputusan Rapat Umum Pemegang Saham Tahunan                      Annual General Meeting of Shareholders (AGMS) held on
    (RUPST) tanggal 25 Agustus 2021.                                 August 25, 2021.

Riwayat Pendidikan                                               Educational Background

1991                                                             1991
Bachelor of Science, Mathematical Engineering, Institut          Bachelor of Science, Mathematical Engineering, Institut
Teknologi Sepuluh Nopember (ITS) Surabaya, Indonesia             Teknologi Sepuluh Nopember (ITS) Surabaya, Indonesia

Riwayat Jabatan                                                  Employment History

1992-1996                                                        1992-1996
Head of Planning & Data Control, PT Sura Indah Wood Industries   Head of Planning & Data Control, PT Sura Indah Wood Industries
– Gresik, Indonesia                                              – Gresik, Indonesia
1996-2004                                                        1996-2004
Raw Material Purchasing Manager, PT Keramika Indonesia           Raw Material Purchasing Manager, PT Keramika Indonesia
Assosiasi Tbk, Indonesia                                         Assosiasi Tbk, Indonesia
2004-2012                                                        2004-2012
PPIC Manager, PT Keramika Indonesia Assosiasi Tbk, Indonesia     PPIC Manager , PT Keramika Indonesia Assosiasi Tbk, Indonesia
2012-2018                                                        2012-2018
MR & Productivity Improvement Manager, PT Keramika               MR & Productivity Improvement Manager, PT Keramika
Indonesia Assosiasi Tbk, Indonesia                               Indonesia Assosiasi Tbk, Indonesia
2018-2021                                                        2018-2021
› Manufacturing Manager, PT Keramika Indonesia Assosiasi         › Manufacturing Manager, PT Keramika Indonesia Assosiasi
    Tbk, Indonesia                                                   Tbk, Indonesia
› Ketua Bidang Roof Tiles dan Perwakilan Perseroan,              › Chairman of the Roof Tiles Division and Representative of
    Asosiasi Aneka Industri Keramik Indonesia (ASAKI)                the Company, Indonesian Ceramic Industry Association
                                                                     (ASAKI)

Rangkap Jabatan                                                  Concurrent Position

Sejak 2021                                                       Since 2021
Direktur Operasional, PT Keramika Indonesia Assosiasi Tbk,       Operational Director, PT Keramika Indonesia Assosiasi Tbk,
Indonesia                                                        Indonesia
Sejak 2021 (Masa Bakti 2021-2024)                                Since 2021 (Term of Service 2021-2024)
Ketua Bidang Energi di Asosiasi Aneka Industri Keramik           Chair of the Energy Division, Indonesian Ceramic Industry
Indonesia (ASAKI)                                                Association (ASAKI)

Hubungan Afiliasi                                                Affiliation

Tidak memiliki hubungan afiliasi dalam bentuk hubungan           No affiliation in the form of financial or management relationship
keuangan maupun hubungan kepengurusan dengan anggota             with other members of the Board of Directors, also with members
Direksi lainnya, juga dengan anggota Dewan Komisaris, maupun     of Board of Commissioners, nor with majority and controlling
dengan pemegang saham utama dan pengendali.                      shareholders.




             PT Keramika Indonesia Assosiasi Tbk
52           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 55
   Ikhtisar Kinerja | Performance Highlights     Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                   Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                           Laporan Keberlanjutan | Sustainability Report
                                                Management Discussion and Analysis




Perubahan Komposisi Direksi
Changes in the Board of Directors Composition


Komposisi Direksi Perseroan pada tahun 2025 tidak mengalami             The composition of the Company’s Board of Directors in 2025
perubahan dengan susunan tahun sebelumnya. Dengan                       remained unchanged from the previous year. Accordingly, the
demikian, susunan Direksi per 31 Desember 2025 adalah                   Board of Directors as of December 31, 2025 is as follows:
sebagai berikut:


Nama                                                               Jabatan
Name                                                               Position

Boonyarit Jaiya                                                    Direktur Utama
                                                                   President Director

Susalak Khiew-Orn                                                  Direktur
                                                                   Director

Gunarso                                                            Direktur Independen
                                                                   Independent Director




Demografi Karyawan [OJK C.3]
Employee Demographics


Sebagai bagian dari komitmen Perseroan dalam mengelola                  As part of the Company’s commitment to sustainable human
sumber daya manusia secara berkelanjutan, informasi                     resource management, information on employee demographics
mengenai demografi karyawan disajikan untuk memberikan                  is presented to provide a comprehensive overview of the
gambaran menyeluruh mengenai komposisi tenaga kerja.                    workforce composition.


Jumlah karyawan Perseroan pada tahun buku 2025 tercatat                 The total number of the Company’s employees in the 2025
sebanyak 735 orang, menurun 5,16% dibandingkan dengan                   fiscal year was recorded at 735 employees, a decrease of 5.16%
tahun 2024 yang berjumlah 775 orang. Perubahan jumlah                   compared to 775 employees in 2024. This change in employee
karyawan tersebut telah disesuaikan dengan kebutuhan                    numbers has been adjusted according to organizational
organisasi. Informasi lebih rinci mengenai demografi karyawan           needs. More detailed information on the Company’s employee
Perseroan tiga tahun terakhir yang dikategorikan berdasarkan            demographics over the past three years, categorized by gender,
jenis kelamin, jabatan, kelompok usia, tingkat pendidikan, serta        position, age group, education level, and employment status, is
status ketenagakerjaan disajikan dalam tabel berikut:                   presented in the following table:



Komposisi Karyawan Berdasarkan Jenis Kelamin [IDX S-01]
Employee Composition Based on Gender
Jenis Kelamin
                                                                           2025                        2024                        2023
Gender

Laki-laki
                                                                                        694                        729                        765
Male

Perempuan
                                                                                          41                        46                            47
Female

Jumlah
                                                                                        735                       775                             812
Total




                                                                                            PT Keramika Indonesia Assosiasi Tbk
                                                                                       2025 Annual Report & Sustainability Report                 53
Page 56
Komposisi Karyawan Berdasarkan Jabatan
Employee Composition Based on Position
Jabatan
                                                            2025         2024         2023
Position

Direktur
                                                                     1            1            1
Director
Manajer
                                                                     8           11           15
Manager
Asisten Manajer
                                                                    18           18           22
Assistant Manager
Supervisor                                                          58           51          56
Staf
                                                                   650          694          718
Staff
Jumlah
                                                                   735          775          812
Total

Komposisi Karyawan Berdasarkan Usia [IDX S-02]
Employee Composition Based on Age
Usia
                                                            2025         2024         2023
Age

> 54 tahun                                                          21           19           8
> 54 years
45-54 tahun                                                        217          266          259
45-54 years old
35-44 tahun                                                        138          197          251
35-44 years old
25-34 tahun                                                        235          218          188
25-34 years old
< 25 tahun                                                         124           75          106
< 25 years old
Jumlah
                                                                   735          775          812
Total

Komposisi Karyawan Berdasarkan Tingkat Pendidikan
Employee Composition Based on Education Level
Tingkat Pendidikan
                                                            2025         2024         2023
Level of Education

Pascasarjana (S2)
                                                                     2            2            2
Magister Degree (S2)
Sarjana (S1)
                                                                    81           65           78
Bachelor Degree (S1)
Diploma 3 (D3)                                                      15           16           29
Diploma 2 (D2)                                                       1            0            2
Diploma 1 (D1)                                                       4            3           9
SMA
                                                                   632          685          678
Senior High School
SMP
                                                                     0            4           11
Junior High School
SD
                                                                     0            0           3
Elementary School
Jumlah
                                                                   735          775          812
Total



             PT Keramika Indonesia Assosiasi Tbk
54           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 57
   Ikhtisar Kinerja | Performance Highlights         Profil Perusahaan | Company Profile                  Tata Kelola Perusahaan | Corporate Governance
                                                       Analisis dan Diskusi Manajemen
 Laporan Manajemen | Management Report                                                                     Laporan Keberlanjutan | Sustainability Report
                                                    Management Discussion and Analysis




Komposisi Karyawan Berdasarkan Status Ketenagakerjaan [IDX S-04]
Employee Composition Based on Employment Status
Status Ketenagakerjaan
                                                                                 2025                              2024                     2023
Employment Status

Kontrak
                                                                                               576                          618                        640
Contract

Tetap
                                                                                               159                          157                            172
Permanent

Jumlah
                                                                                               735                         775                             812
Total


Dalam rangka kepatuhan terhadap ketentuan Bursa Efek                           In order to comply with the provisions of the Indonesia Stock
Indonesia (BEI), Perseroan juga menyajikan pemetaan                            Exchange (IDX), the Company also presents a mapping
demografi karyawan tahun 2025 yang ditampilkan pada tabel                      of employee demographics in 2025 which is shown in the
berikut: [IDX S-01]                                                            following table: [IDX S-01]




                                                                    Laki-Laki                                               Perempuan
                                                                      Male                                                    Female
                 Level Jabatan
                 Position Level
                                                    Jumlah Karyawan              Persentase                 Jumlah Karyawan              Persentase
                                                     Total Employees             Percentage                  Total Employees             Percentage

Entry-level                                                          614                       88,5%                             36                  87,8%

Mid-level                                                             57                        8,2%                              1                   2,4%

Senior-level                                                          16                        2,3%                              2                   4,9%

Executive-level                                                        7                             1%                           2                   4,9%

Jumlah
                                                                    694                         100%                             41                  100%
Total



                                                                    Level Jabatan
                                                                    Position Level
 Rentang Usia
   (tahun)                                                                                                                                        Jumlah
                            Entry-level                 Mid-level                    Senior-level                      Executive-level
  Age Range                                                                                                                                        Total
    (years)
                     Laki-Laki Perempuan Laki-Laki Perempuan Laki-Laki Perempuan Laki-Laki Perempuan
                       Male      Female    Male      Female    Male      Female    Male      Female

> 54                          12                0         6                0               1                   0            0                2              21

45-54                        168                1       30                 0            12                     1            0                4             216

35-44                        130                1        3                 0               1                   1             1               1             138

25-34                        197               18        17                1               2                   0             1               0         236

< 25                         107               16         1                0               0                   0            0                0             124

Jumlah
                            614                36       57                 1            16                     2            2                7         735
Total




                                                                                                PT Keramika Indonesia Assosiasi Tbk
                                                                                           2025 Annual Report & Sustainability Report                      55
Page 58
Informasi Pemegang Saham [OJK C.3]
Shareholder Information


Komposisi Pemegang Saham Tahun 2025                                    Shareholder Composition in 2025

Komposisi pemegang saham Perseroan pada awal dan akhir                 The composition of the Company’s shareholders at the
tahun 2025 tercatat sama, tanpa adanya perubahan jumlah                beginning and end of 2025 remained unchanged, with no
maupun persentase kepemilikan. Informasi rinci kepemilikan             changes in the number of shares or ownership percentages.
saham dapat dilihat pada tabel berikut:                                Detailed information on share ownership is presented in the
                                                                       following table:


                                             1 Januari 2025                                     31 Desember 2025
                                            January 1, 2025                                     December 31, 2025

  Pemegang Saham                   Jenis Saham                                              Jenis Saham
    Shareholders                  Types of Stock                                           Types of Stock
                                                                Persentase                                              Persentase
                                                                Percentage                                              Percentage
                             Seri A               Seri B                              Seri A             Seri B
                            Series A             Series B                            Series A           Series B

SCG Decor Public                        0      13.741.458.453          92,04%                    0    13.741.458.453          92,04%
Company Limited

Masyarakat                  425.000.000          762.641.547             7,96%       425.000.000         762.641.547            7,96%
Public

Jumlah                     425.000.000        14.504.100.000       100,00%          425.000.000       14.504.100.000        100,00%
Total


Pemegang Saham dengan Kepemilikan Lebih                                Shareholder with Ownership More Than 5%
dari 5%

Pada periode 1 Januari 2025 dan 31 Desember 2025, struktur             During the period between January 1, 2025 and December
pemegang saham Perseroan yang memiliki kepemilikan lebih               31, 2025, the shareholders structure of the Company with
dari 5% tidak mengalami perubahan, sebagaimana disajikan               ownership more than 5% remain unchanged, as presented in
dalam tabel berikut:                                                   the table below:


                                             1 Januari 2025                                     31 Desember 2025
                                            January 1, 2025                                     December 31, 2025
  Pemegang Saham
    Shareholders        Jumlah Saham (saham)                Persentase           Jumlah Saham (saham)              Persentase
                          Number of Shares                  Percentage             Number of Shares                Percentage
                               (share)                                                  (share)

SCG Decor Public
                            13.741.458.453                    92,04%                 13.741.458.453                 92,04 %
Company Limited


Komposisi Pemegang Saham Kurang dari 5%                                Composition of Shareholders with Less than 5%
                                                                       Ownership

Pemegang saham dengan kepemilikan kurang dari 5% secara                Shareholders holding less than 5% of the Company’s shares are
kolektif tercatat sebagai bagian dari kategori pemegang saham          collectively classified under the Public Shareholders category.
Masyarakat. Komposisi kepemilikan saham oleh Masyarakat                The composition of shares owned by the Public Shareholders
tersebut tidak mengalami perubahan pada periode 1 Januari              remained unchanged as of January 1, 2025 and December 31,
2025 dan 31 Desember 2025, seperti yang disajikan pada tabel           2025, as presented in the following table:
berikut:




             PT Keramika Indonesia Assosiasi Tbk
56           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 59
   Ikhtisar Kinerja | Performance Highlights          Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                        Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                                Laporan Keberlanjutan | Sustainability Report
                                                     Management Discussion and Analysis




                                                1 Januari 2025                                              31 Desember 2025
                                               January 1, 2025                                              December 31, 2025
  Pemegang Saham
    Shareholders            Jumlah Saham (saham)                Persentase                  Jumlah Saham (saham)                  Persentase
                              Number of Shares                  Percentage                    Number of Shares                    Percentage
                                   (share)                                                         (share)

Masyarakat
                                    1.187.641.547                    7,96%                        1.187.641.547                       7,96%
Public

Kepemilikan Saham Dewan Komisaris dan Direksi                                Share Ownership of the Company by the Board
(Langsung dan Tidak Langsung)                                                of Commissioners and Board of Directors (Direct
                                                                             and Indirect)

Hingga 31 Desember 2025, Dewan Komisaris dan Direksi                         As of December 31, 2025, the Company’s Board of
Perseroan, termasuk anggota keluarganya, tidak memiliki                      Commissioners and Board of Directors, including their family
saham dalam Perseroan, baik secara langsung maupun melalui                   members, did not hold any shares in the Company, either
kepemilikan tidak langsung.                                                  directly or indirectly.


Klasifikasi Pemegang Saham                                                   Shareholding Classification

Per 31 Desember 2025, struktur kepemilikan saham Perseroan                   As of December 31, 2025, the Company’s shareholding
dapat diklasifikasikan berdasarkan kategori pemegang saham                   structure can be classified by shareholder category, namely
institusi dan individu, baik lokal maupun asing. Komposisi                   institutional and individual shareholders, both domestic and
klasifikasi kepemilikan saham disajikan pada tabel berikut:                  foreign. The composition of shareholding by classification is
                                                                             presented in the following table:


                                                                                              31 Desember 2025
                                                                                              December 31, 2025
                   Pemegang Saham
                     Shareholders
                                                                   Jumlah Saham (saham)                                   Persentase
                                                                  Number of Shares (share)                                Percentage

 Kepemilikan Institusi
 Institutional Ownership
Lokal                                                                           541.301.176                                    3,63%
Local

Asing                                                                       13.757.377.008                                    92,15%
Foreign

Jumlah                                                                    14.298.678.184                                     95,78%
Total
 Kepemilikan Individu
 Individual Ownership
Lokal                                                                          630.069.116                                     4,22%
Local

Asing                                                                               352.700                                     0,00%
Foreign

Jumlah                                                                        630.421.816                                      4,22%
Total


Pemegang Saham                   Utama         dan    Pengendali             Majority and Controlling Shareholder of the
Perusahaan                                                                   Company

SCG Decor Public Company Limited (sebelumnya bernama                         SCG Decor Public Company Limited (formerly known as
SCG Building Materials Co., Ltd.) merupakan pemegang saham                   SCG Building Materials Co., Ltd.) is the majority shareholder
utama sekaligus pengendali Perseroan dengan kepemilikan                      and controlling shareholder of the Company, holding
sebesar 13.741.458.453 lembar saham atau setara dengan                       13,741,458,453 shares, equivalent to 92.04% as of December
92,04% per 31 Desember 2025.                                                 31, 2025.



                                                                                                 PT Keramika Indonesia Assosiasi Tbk
                                                                                            2025 Annual Report & Sustainability Report                 57
Page 60
Struktur Pemegang Saham                                                      Shareholding Structure

Bagan berikut ini, memberikan gambaran lebih rinci tentang                   The following diagram provides a more detailed overview of the
struktur pemegang saham Perseroan pada 31 Desember 2025:                     Company’s shareholder structure as of December 31, 2025:




                                                                                                        Masyarakat
               SCG Decor Public Company Limited
                                                                                                          Public



                                  92,04%                                                                7,96%


                                                    PT Keramika Indonesia Assosiasi Tbk




                                  99,21%                                                                72,30%



                    PT KIA Keramik Mas (KKM)                                                     PT KIA Serpih Mas (KSM)*




                                   0,79%                                                                27,70%

                                                  SCG Cement–Building Materials Co.,Ltd.




*KSM dibubarkan per tanggal 28 November 2019 dan hingga 31 Desember 2025 masih dalam proses likuidasi
*KSM was dissolved on November 28, 2019 and until December 31, 2025 still in liquidation process




Penerima Manfaat Akhir dalam Kepemilikan                                     Beneficial Owner
Saham

Per 31 Desember 2025, penerima manfaat akhir (beneficial                     As of December 31, 2025, the beneficial owner of the
owner) dalam kepemilikan saham Perseroan adalah Numpol                       Company’s shares is Numpol Malichai.
Malichai.




               PT Keramika Indonesia Assosiasi Tbk
58             Laporan Tahunan & Laporan Keberlanjutan 2025
Page 61
    Ikhtisar Kinerja | Performance Highlights          Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                        Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                                 Laporan Keberlanjutan | Sustainability Report
                                                     Management Discussion and Analysis




Entitas Anak
Subsidiary


 PT KIA Keramik Mas (KKM)
Bidang Usaha                            Manufaktur Genteng Keramik
Line of Business                        Ceramic Roof Tile Manufacturing

Tahun Mulai Beroperasi                  1980
Year of Operation

Kepemilikan Saham                       PT Keramika Indonesia Assosiasi Tbk (KIAS): 99,21%
Shareholding                            SCG Cement – Building Materials Co., Ltd.: 0,79%

Total Aset                              Rp548.589 juta/million
Total Assets

Status Operasi                          Beroperasi
Operational Status                      Operating

Alamat                                  › Jl. Raya Narogong KM. 51,9, Desa Limusnunggal,
Address                                   Kecamatan Cileungsi, Kabupaten Bogor,
                                          Jawa Barat – Indonesia
                                        › Jl. Raya Karang Andong, Desa Pasinan Lemahputih,
                                          Kecamatan Wringin Anom, Kabupaten Gresik,
                                          Jawa Timur – Indonesia
                                        › Jl. Raya Narogong KM. 51.9, Limusnunggal Village,
                                          Cileungsi District, Bogor Regency,
                                          West Java – Indonesia
                                        › Jl. Raya Karang Andong, Pasinan Lemahputih Village,
                                          Wringin Anom District, Gresik Regency,
                                          East Java – Indonesia




 PT KIA Serpih Mas (KSM)*
Bidang Usaha                            Manufaktur Keramik Lantai
Line of Business                        Floor Tile Manufacturing

Tahun Mulai Beroperasi                  1980
Year of Operation

Kepemilikan Saham                       PT Keramika Indonesia Assosiasi Tbk (KIAS): 72,30%
Shareholding                            SCG Cement – Building Materials Co., Ltd.: 27,70%

Total Aset                              98.641 juta/million
Total Assets

Status Operasi                          Tidak Beroperasi
Operational Status                      Not Operating

Alamat                                  Dikarenakan KSM masih dalam proses likuidasi dan sudah tidak lagi beroperasi serta tidak
Address                                 terdapat kepemilikan gedung maupun kantor atau pabrik atas nama KSM, alamat yang
                                        dipergunakan untuk keperluan surat-menyurat adalah alamat Kantor Pusat Perseroan.
                                        Since KSM is under liquidation process and no longer operating, with no registered offices or
                                        facilities, correspondence will use the Company’s Head Office address.

* dalam proses likuidasi
* in the process of liquidation




                                                                                                  PT Keramika Indonesia Assosiasi Tbk
                                                                                             2025 Annual Report & Sustainability Report                 59
Page 62
Kronologis Pencatatan Saham
Chronology of Stock Listing


                                                 Nilai          Harga
                                                Nominal       Penawaran       Jumlah
                                                   per            per      Penambahan
                                                                                                                     Bursa
                                                Saham           Saham           atau
   Tahun                                                                                     Jumlah Saham           Saham
                       Aksi Korporasi             (Rp)           (Rp)      Pengurangan
Pencatatan                                                                                       Tercatat            Stock
                      Corporate Action          Nominal        Offering       Saham
Listing Year                                                                               Total Listed Shares     Exchange
                                                 Value           price      Number of
                                                   per            per      Shares Added
                                                 Share          Share       or Reduced
                                                  (Rp)           (Rp)

     1994       Saham Pendiri                        1.000                                           60.000.000
                Founder's Shares
                                                                                                                Bursa Efek
                Pencatatan Saham                     1.000         1.000      25.000.000             85.000.000 Jakarta dan
                Stock Listing                                                                                    Surabaya
     1996       Stock Split                           500                    85.000.000             170.000.000 Jakarta and
                                                                                                                 Surabaya
     1997       Penawaran Umum Terbatas I             500           500     255.000.000             425.000.000    Stock
                dengan Hak Memesan Efek                                                                          Exchange
                Terlebih Dahulu (HMETD)
                Rights Issue I

     2008       Konversi Saham
                Stock Conversion

                Seri A                                500                                           425.000.000
                Series A

                Seri B                                250                  8.000.000.000
                Series B

                Total Seri A & B                                                                  8.425.000.000
                Total Series A & B

     2011       Kuasi Reorganisasi
                Quasi Reorganization

                Seri A                                210                                           425.000.000
                Series A

                Seri B                                105                                         8.000.000.000
                Series B

                Total Seri A & B                                                                  8.425.000.000
                Total Series A & B

     2012       Seri A                                                                              425.000.000
                Series A

                Penawaran Umum Terbatas               105           128    6.504.100.000          14.504.100.000
                II kepada para pemegang
                                                                                                                   Bursa Efek
                saham dalam rangka
                                                                                                                   Indonesia
                penerbitan Hak Memesan
                                                                                                                   Indonesia
                Efek Terlebih Dahulu
                                                                                                                     Stock
                (HMETD) saham Seri B
                                                                                                                   Exchange
                Rights Issue II of Series B
                shares

                Total Seri A & B                                                                  14.929.100.000
                Total Series A & B




               PT Keramika Indonesia Assosiasi Tbk
60             Laporan Tahunan & Laporan Keberlanjutan 2025
Page 63
   Ikhtisar Kinerja | Performance Highlights      Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                    Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                            Laporan Keberlanjutan | Sustainability Report
                                                 Management Discussion and Analysis




Informasi Pencatatan Efek Lainnya
Information on Other Securities Listing


Sejak awal berdiri hingga akhir tahun 2025, Perseroan tidak              From its establishment until the end of 2025, the Company has
mencatatkan efek lain selain saham yang telah beredar. Oleh              not listed any securities other than the outstanding shares.
karena itu, tidak terdapat informasi tambahan yang perlu                 Therefore, there is no additional information to be disclosed
diungkapkan terkait pencatatan efek lainnya dalam Laporan                regarding other securities listings in the 2025 Annual Report.
Tahunan 2025.




Informasi Kantor Akuntan Publik dan Akuntan
Publik
Public Accounting Firm and Public Accountant Information

Nama Kantor Akuntan Publik (KAP)/Name of Public                          Jasa yang Diberikan/Services Provided
Accounting Firm
Siddharta Widjaja dan Rekan                                              Jasa Audit/Audit Services
(Anggota dari KPMG Internasional)                                        Audit Laporan Keuangan Konsolidasian Tahun Buku 2025/
(Member of KPMG International)                                           Audit of Consolidated Financial Statements for Fiscal Year
                                                                         2025
Nama Akuntan Publik (AP)/Name of Public Accountant
Andreas Haryono Tjahyadi                                                 Jasa Non Audit/Non-Audit Services
                                                                         Tidak ada jasa non-audit yang diberikan kepada Perseroan
Alamat/Address                                                           No non-audit services are provided to the Company
Jakarta Mori Tower Lt. 35/35th Floor
Jl. Jend. Sudirman Kav. 40-41, Jakarta – 10210                           Biaya Jasa/Fee Audited
                                                                         Rp1.001 juta/million
Periode Penugasan/Assignment Period
Tahun buku 2025 (Periode ke 6)
Financial year 2025 (6th Period)




Lembaga dan Profesi Penunjang Pasar Modal
Lainnya
Other Capital Market Supporting Institutions and Professions

Biro Administrasi Efek                                                   Notaris
Securities Administration Bureau                                         Notary

PT Adimitra Jasa Korpora                                                 Sri Hidianingsih Adi Sugijanto, S.H.

Kirana Boutique Office                                                   Ruko Sentra Bisnis Tanjung Duren Blok C No. 3A
Jl. Kirana Avenue III Blok F3 No. 5 Kelapa Gading Permai,                Jl. Tanjung Duren Raya, Jakarta Barat | West Jakarta – 11470
Jakarta Utara | North Jakarta – 14250
                                                                         Periode Penugasan/Assignment Period
Periode Penugasan/Assignment Period                                      2010-sekarang/2010-present
2009-sekarang/2009-present
                                                                         Jasa yang Diberikan/Services Provided
Jasa yang Diberikan/Services Provided                                    Berita Acara Rapat Umum Pemegang Saham (Tahunan dan
Administrasi Efek/Securities Administration                              Luar Biasa)/Minutes of the General Meeting of Shareholders
                                                                         (Annual and Extraordinary)




                                                                                             PT Keramika Indonesia Assosiasi Tbk
                                                                                        2025 Annual Report & Sustainability Report                 61
Page 64
     PT Keramika Indonesia Assosiasi Tbk
62   Laporan Tahunan & Laporan Keberlanjutan 2025
Page 65
 Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                Analisis dan Diskusi Manajemen
Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                             Management Discussion and Analysis




                                                                                                Analisis dan
                                                                                                Pembahasan
                                                                                                Manajemen
                                                                                                Management
                                                                                                Discussion and
                                                                                                Analysis




                                                                                           Basel Blue
                                                                                           FT 40 x 40 cm




                                                                                         PT Keramika Indonesia Assosiasi Tbk
                                                                                    2025 Annual Report & Sustainability Report                 63
Page 66
Tinjauan Operasi Segmen Usaha
Review of Operating Segments


Kegiatan usaha Perseroan berkonsentrasi pada industri bahan     The Company’s business activities are concentrated in the
bangunan berbasis keramik, dengan operasi yang mencakup         ceramic-based building materials industry, with operations
produksi keramik dinding, keramik lantai, serta aksesori        encompassing the production of wall tiles, floor tiles, and
terkait. Sementara itu, produksi keramik genteng dilaksanakan   related accessories. Meanwhile, the production of roof tiles is
oleh entitas anak Perseroan.                                    carried out by the Company’s subsidiary.


Keramik Dinding                                                 Wall Tiles

Produksi                                                        Production
Pada tahun 2025, Perseroan fokus untuk memproduksi keramik      In 2025, the Company focused on increasing the production
dinding rectified ukuran besar 30x60 cm sekitar 54% lebih       of large-format rectified wall tiles measuring 30x60 cm, with
banyak dibandingkan tahun 2024. Produksi keramik dinding        output increasing by approximately 54% compared to 2024.
dengan ukuran besar ini mencerminkan respons Perseroan          This increase reflects the Company’s response to improving
terhadap permintaan pasar yang membaik serta strategi           market demand, as well as its strategic focus on the 30x60
fokus pada ukuran 30x60 cm serta pada produk yang memiliki      cm segment and on products that generate higher margins
kontribusi margin lebih tinggi dibandingkan ukuran 25x40 cm.    compared to smaller sizes such as 25x40 cm.


Produksi                                                        Satuan
                                                                                             2025                 2024
Production                                                      Unit

Keramik Dinding
                                                                juta/million m²              2,46                  2,52
Wall Tiles


Pendapatan                                                      Revenue
Pada tahun 2025, Perseroan mencatat pendapatan dari             In 2025, the Company recorded revenue from wall tiles
produk keramik dinding sebesar Rp137,83 miliar, meningkat       amounting to Rp137.83 billion, an increase from Rp126.71
dibandingkan pendapatan tahun 2024 sebesar Rp126,71             billion in 2024. This growth was driven by the Company’s
miliar. Pertumbuhan ini didorong oleh strategi Perseroan        strategy to optimize its product mix, particularly by increasing
dalam mengoptimalkan komposisi produk, khususnya dengan         the proportion of larger-sized tiles, which yield higher margins.
meningkatkan proporsi produksi keramik berukuran lebih
besar yang memberikan margin lebih tinggi.


Dalam jutaan Rupiah/In millions of Rupiah

Keramik Dinding
                                                                                             2025                  2024
Wall Tiles

Pendapatan
                                                                                            137.832               126.707
Revenue


Keramik Lantai                                                  Floor Tiles

Produksi                                                        Production
Pada tahun 2025, produksi keramik lantai Perseroan mencapai     In 2025, the Company’s floor tile production reached 9.13 million
9,13 juta m², meningkat dibandingkan produksi tahun 2024        m2, an increase from 8.94 million m2 in 2024. This increase was
sebesar 8,94 juta m². Peningkatan produksi ini sejalan          in line with the Company’s efforts to minimize production scrap
dengan upaya Perseroan untuk meminimalkan scrap produksi        and improve process efficiency, enabling higher output without
dan meningkatkan efisiensi proses, sehingga output dapat        compromising product quality.
meningkat tanpa mengorbankan kualitas produk.




               PT Keramika Indonesia Assosiasi Tbk
64             Laporan Tahunan & Laporan Keberlanjutan 2025
Page 67
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




Produksi                                                                Satuan
                                                                                                          2025                     2024
Production                                                              Unit

Keramik Lantai
                                                                        juta/million m²                    9,13                    8,94
Floor Tiles



Pendapatan, Beban Pokok Pendapatan, dan Laba Kotor                     Revenue, Cost of Revenue, and Gross Profit
Pendapatan dari produk keramik lantai pada tahun 2025                  Revenue from floor tiles in 2025 amounted to Rp345.45 billion,
tercatat sebesar Rp345,45 miliar, meningkat dibandingkan               an increase from Rp340.86 billion in 2024. This growth was
pendapatan tahun 2024 sebesar Rp340,86 miliar. Pertumbuhan             driven by the Company’s strategy to optimize its product mix,
ini didorong oleh strategi Perseroan dalam mengoptimalkan              including increasing the proportion of larger-sized tiles, which
produk mix, termasuk peningkatan proporsi produk keramik               generate higher margins.
berukuran lebih besar yang memiliki kontribusi margin lebih
tinggi.


Dalam jutaan Rupiah/in millions of Rupiah

Keramik Lantai
                                                                                                          2025                     2024
Floor Tiles

Pendapatan
                                                                                                         345.451                 340.862
Revenue


Keramik Genteng                                                        Ceramic Roof Tiles

Produksi                                                               Production
Pada tahun 2025, produksi keramik genteng Perseroan secara             In 2025, the Company’s total roof tile production from its two
total dari dua pabrik yang berlokasi di Gresik dan Cileungsi           plants located in Gresik and Cileungsi amounted to 1.34 million
tercatat sebesar 1,34 juta m², tidak mengalami perubahan               m2, remaining unchanged from 1.34 million m2 in 2024. This
dibandingkan tahun 2024 sebesar 1,34 juta m². Total produksi           production level reflects the Company’s efforts to minimize
ini sejalan dengan upaya Perseroan untuk meminimalkan scrap            production scrap and improve process efficiency.
dan meningkatkan efisiensi proses produksi.


Produksi                                                                Satuan
                                                                                                          2025                     2024
Production                                                              Unit

Keramik Genteng
                                                                        juta/million m²                    1,34                     1,34
Roof Tiles


Pendapatan                                                             Revenue
Pendapatan keramik genteng pada tahun 2025 mencapai                    Revenue from roof tiles in 2025 amounted to Rp127.76 billion,
Rp127,76 miliar, meningkat dibandingkan tahun 2024                     an increase from Rp124.37 billion in 2024. This growth was
sebesar Rp124,37 miliar. Pertumbuhan ini didorong oleh                 driven by the Company’s strategy to optimize its product mix,
strategi Perseroan dalam mengoptimalkan komposisi produk,              particularly by increasing the proportion of larger-sized tiles,
khususnya dengan meningkatkan proporsi produksi keramik                which generate higher margins.
berukuran lebih besar yang memberikan margin lebih tinggi.


Dalam jutaan Rupiah/in millions of Rupiah

Keramik Genteng
                                                                                                          2025                     2024
Roof Tiles

Pendapatan
                                                                                                         127.762                  124.365
Revenue




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report                 65
Page 68
Kinerja Keuangan Komprehensif
Comprehensive Financial Performance


Laporan Posisi Keuangan Konsolidasian
Consolidated Statement of Financial Position

(Dalam jutaan Rupiah, kecuali dinyatakan lain)
(In millions of Rupiah, unless otherwise specified)

                                                                                                              Perubahan
                                                                                                               Change
                          Uraian
                                                               2025               2024
                        Description                                                                                     Persentase
                                                                                                      Selisih
                                                                                                                        Percentage
                                                                                                    Difference
                                                                                                                            (%)

Aset
Assets

Aset Lancar
                                                                 256.813               287.911             -31.098             -10,80%
Current Assets

Aset Tidak Lancar
                                                                 675.537              695.790              -20.253              -2,91%
Non-Current Assets

Jumlah Aset
                                                                 932.350              983.701              -51.351              -5,22%
Total Assets

Liabilitas
Liabilities

Liabilitas Jangka Pendek
                                                                 126.208              163.913              -37.705            -23,00%
Current Liabilities

Liabilitas Jangka Panjang
                                                                  23.798               24.269                 -471              -1,94%
Non-Current Liabilities

Jumlah Liabilitas
                                                                 150.006              188.182              -38.176            -20,29%
Total Liabilities

Ekuitas
Equity

Jumlah Ekuitas
                                                                 782.344              795.519               -13.175             -1,66%
Total Equity



Aset                                                                  Assets

Aset Lancar                                                           Current Assets
Pada tahun 2025, aset lancar Perseroan tercatat sebesar               In 2025, the Company’s current assets amounted to Rp256.81
Rp256,81 miliar, menurun dibandingkan tahun 2024 sebesar              billion, decreasing from Rp287.91 billion in 2024. This decline
Rp287,91 miliar. Penurunan ini sejalan dengan penurunan               was in line with a reduction in inventories driven by higher sales,
persediaan yang disebabkan oleh peningkatan penjualan,                the collection of receivables from customers, and a decrease in
pelunasan piutang oleh customer, serta penurunan kas yang             cash resulting from bank loan repayments.
disebabkan oleh pelunasan utang bank.


Aset Tidak Lancar                                                     Non-Current Assets
Aset tidak lancar Perseroan pada tahun 2025 mencapai                  The Company’s non-current assets in 2025 amounted to
Rp675,53 miliar, menurun dibandingkan tahun 2024 sebesar              Rp675.53 billion, decreasing from Rp695.79 billion in 2024.
Rp695,79 miliar. Penurunan ini terutama berasal dari akumulasi        The decline was primarily attributable to annual depreciation.
penyusutan tahunan.




                PT Keramika Indonesia Assosiasi Tbk
66              Laporan Tahunan & Laporan Keberlanjutan 2025
Page 69
   Ikhtisar Kinerja | Performance Highlights           Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                         Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                                 Laporan Keberlanjutan | Sustainability Report
                                                      Management Discussion and Analysis




Total Aset                                                                    Total Assets
Dengan demikian, total aset Perseroan pada tahun 2025                         Accordingly, the Company’s total assets in 2025 amounted to
tercatat sebesar Rp932,35 miliar, mengalami penurunan                         Rp932.35 billion, decreasing from Rp983.70 billion in 2024. The
dibandingkan total aset tahun 2024 yang sebesar Rp983,70                      decrease in total assets was driven by lower current assets—
miliar. Penurunan aset ini disebabkan oleh penurunan aset                     mainly due to reductions in inventories, trade receivables, and
lancar yaitu penurunan persediaan, piutang dagang dan kas                     cash—as well as a decline in non-current assets resulting from
serta penurunan aset tidak lancar yang berasal dari akumulasi                 accumulated depreciation of fixed assets.
penyusutan aset tetap.


Liabilitas                                                                    Liabilities

Liabilitas Jangka Pendek                                                      Current Liabilities
Pada tahun 2025, liabilitas jangka pendek Perseroan tercatat                  In 2025, the Company’s current liabilities amounted to Rp126.21
sebesar Rp126,21 miliar, menurun dibandingkan tahun 2024                      billion, decreasing from Rp163.91 billion in 2024. This decrease
sebesar Rp163,91 miliar. Penurunan ini terutama berasal dari                  was primarily due to bank loan repayments.
pelunasan utang bank.



Liabilitas Jangka Panjang                                                     Non-Current Liabilities
Liabilitas jangka panjang Perseroan pada tahun 2025 tercatat                  The Company’s non-current liabilities in 2025 amounted to
sebesar Rp23,80 miliar, menurun dari Rp24,27 miliar pada                      Rp23.80 billion, slightly decreasing from Rp24.27 billion in
tahun 2024. Penurunan ini disebabkan oleh menurunnya                          2024. This decrease was attributable to a reduction in deferred
liabilitas pajak tangguhan.                                                   tax liabilities.


Total Liabilitas                                                              Total Liabilities
Dengan demikian, total liabilitas Perseroan pada tahun 2025                   Accordingly, the Company’s total liabilities in 2025 amounted
mencapai Rp150,01 miliar, mengalami penurunan dibandingkan                    to Rp150.01 billion, decreasing from Rp188.18 billion in 2024.
total liabilitas tahun 2024 sebesar Rp188,18 miliar. Penurunan                The decline was mainly due to bank loan repayments.
ini terutama berasal dari pelunasan utang bank.


Ekuitas                                                                       Equity
Perseroan mencatatkan ekuitas sebesar Rp782,34 miliar                         The Company recorded total equity of Rp782.34 billion in 2025,
pada tahun 2025, menurun dibandingkan ekuitas tahun 2024                      decreasing from Rp795.52 billion in 2024. Equity declined
sebesar Rp795,52 miliar. Ekuitas tahun 2025 menurun 1,66%                     by 1.66% in 2025, primarily due to the comprehensive loss
yang disebabkan oleh rugi komprehensif di tahun 2025.                         recorded during the year.


Laporan Laba Rugi dan Penghasilan Komprehensif Lain Konsolidasian
Consolidated Statement of Income and Other Comprehensive Income

(Dalam jutaan Rupiah, kecuali dinyatakan lain)
(In millions of Rupiah, unless otherwise specified)

                                                                                                                            Perubahan
                                                                                                                             Change
                          Uraian
                                                                     2025                     2024
                        Description                                                                                                    Persentase
                                                                                                                   Selisih
                                                                                                                                       Percentage
                                                                                                                 Difference
                                                                                                                                           (%)

Pendapatan
                                                                         611.942                 591.934                20.008                  3,38%
Revenue

Beban Pokok Pendapatan
                                                                      (582.750)                (571.263)                 -11.487                 2,01%
Cost of Revenue

Laba (Rugi) Kotor
                                                                          29.192                  20.671                  8.521                41,22%
Gross Profit (Loss)

Rugi Operasi
                                                                         (12.109)                (23.739)                11.630               -48,99%
Operating Loss



                                                                                                  PT Keramika Indonesia Assosiasi Tbk
                                                                                             2025 Annual Report & Sustainability Report                 67
Page 70
(Dalam jutaan Rupiah, kecuali dinyatakan lain)
(In millions of Rupiah, unless otherwise specified)

                                                                                                            Perubahan
                                                                                                             Change
                         Uraian
                                                              2025                2024
                       Description                                                                                    Persentase
                                                                                                    Selisih
                                                                                                                      Percentage
                                                                                                  Difference
                                                                                                                          (%)

Rugi
                                                                (11.988)             (25.094)              13.106           -52,23%
Loss

Total Penghasilan Komprehensif Lain
                                                                 (1.187)                  779              -1.966          -252,37%
Total Other Comprehensive Income

Total Rugi Komprehensif
                                                                (13.175)             (24.315)              11.140           -45,82%
Total Comprehensive Loss

Rugi yang dapat Diatribusikan kepada:
Loss Attributable To:

Pemilik Entitas Induk
                                                                (10.439)             (25.314)             14.875            -58,76%
Owners of the Company

Kepentingan Non-Pengendali
                                                                 (1.549)                  220              -1.769         -804,09%
Non-Controlling Interests

Jumlah
                                                                (11.988)            (25.094)              13.106           -52,23%
Total

Jumlah Penghasilan Komprehensif Lain yang dapat Diatribusikan kepada:
Total Other Comprehensive Income Attributable To:

Pemilik Entitas Induk
                                                                 (1.184)                  778              -1.962          -252,19%
Owners of the Company

Kepentingan Non-Pengendali
                                                                        (3)                  1                 -4          -400,00%
Non-Controlling Interests

Jumlah
                                                                 (1.187)                  779             -1.966          -252,37%
Total

Rugi Bersih per Saham (dalam Rupiah penuh)
                                                                     (0,70)              (1,70)              1,00           -58,82%
Net Loss per Share (in full Rupiah)


Pendapatan                                                            Revenue
Pada tahun 2025, Perseroan mencatatkan pendapatan sebesar             In 2025, the Company recorded revenue of Rp611.94 billion,
Rp611,94 miliar, meningkat dibandingkan pendapatan tahun              an increase from Rp591.93 billion in 2024. The increase was
2024 sebesar Rp591,93 miliar. Peningkatan pendapatan                  primarily driven by growth in sales volume of wall tiles and
pada tahun 2025 terutama didorong oleh pertumbuhan                    floor tiles, as well as optimization of the product mix, which
volume penjualan keramik dinding dan keramik lantai, serta            contributed to higher sales value.
optimalisasi komposisi produk yang berkontribusi terhadap
peningkatan nilai penjualan.


Beban Pokok Pendapatan                                                Cost of Revenue
Beban pokok pendapatan Perseroan pada tahun 2025 tercatat             The Company’s cost of revenue in 2025 amounted to Rp582.75
sebesar Rp582,75 miliar, meningkat dibandingkan tahun                 billion, increasing from Rp571.26 billion in 2024. This increase
2024 sebesar Rp571,26 miliar. Kenaikan ini sejalan dengan             was in line with higher production and sales activities to meet
peningkatan aktivitas produksi dan penjualan Perseroan                market demand, which resulted in higher raw material usage
guna memenuhi permintaan pasar, yang berdampak pada                   and other production-related costs.
meningkatnya penggunaan bahan baku serta biaya produksi
lainnya.

Rugi                                                                  Loss
Pada tahun 2025, Perseroan mencatatkan rugi bersih tahun              In 2025, the Company recorded a net loss for the year of



               PT Keramika Indonesia Assosiasi Tbk
68             Laporan Tahunan & Laporan Keberlanjutan 2025
Page 71
    Ikhtisar Kinerja | Performance Highlights          Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                         Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                                 Laporan Keberlanjutan | Sustainability Report
                                                      Management Discussion and Analysis




berjalan sebesar Rp11,99 miliar, menurun dibandingkan rugi                    Rp11.99 billion, improving from a net loss of Rp25.09 billion
bersih tahun 2024 sebesar Rp25,09 miliar. Adanya penurunan                    in 2024. The reduction in losses was driven by improved net
ini disebabkan oleh kenaikan kontribusi bersih di tahun 2025.                 contribution in 2025. This decline reflects an improvement in
Penurunan kerugian ini mencerminkan adanya perbaikan                          the Company’s operating performance, supported by higher
kinerja operasional Perseroan, yang didukung oleh peningkatan                 revenue and more efficient cost management. Overall, this
pendapatan serta pengelolaan biaya yang lebih efisien. Kondisi                indicates the Company’s gradual efforts to improve its financial
tersebut menunjukkan upaya Perseroan dalam memperbaiki                        performance throughout 2025.
kinerja keuangan secara bertahap sepanjang tahun 2025.


Penghasilan Komprehensif Lain                                                 Other Comprehensive Income
Pada tahun 2025, Perseroan mencatatkan rugi komprehensif                      In 2025, the Company recorded other comprehensive loss of
lain sebesar Rp1,19 miliar, menurun dibandingkan tahun 2024                   Rp1.19 billion, compared to other comprehensive income of
mencatatkan penghasilan komprehensif lain sebesar Rp779                       Rp779 million in 2024. This change was mainly affected by
juta. Penurunan ini terutama dipengaruhi oleh perubahan                       changes on remeasurements of employee benefit obligation
pada komponen pengukuran kembali aktuaria atas liabilitas                     and tax on other comprehensive income, which overall impacted
imbalan kerja serta pajak sehubungan dengan penghasilan                       the Company’s total comprehensive loss in 2025.
komprehensif lain, yang secara keseluruhan berpengaruh
terhadap total rugi komprehensif Perseroan pada tahun 2025.


Rugi Komprehensif                                                             Comprehensive Loss
Pada tahun 2025, Perseroan mencatatkan rugi komprehensif                      In 2025, the Company recorded a total comprehensive loss of
sebesar Rp13,18 miliar, menurun dibandingkan rugi                             Rp13.18 billion, improving from Rp24.32 billion in 2024. The
komprehensif tahun 2024 yang tercatat sebesar Rp24,32                         reduction was driven by improved net contribution in 2025.
miliar. Adanya penurunan ini disebabkan oleh kenaikan                         The decline in comprehensive loss reflects an improvement
kontribusi bersih di tahun 2025. Penurunan rugi komprehensif                  in the Company’s financial performance, supported by a
ini mencerminkan perbaikan kinerja keuangan Perseroan yang                    lower net loss for the year. This demonstrates the Company’s
didorong oleh berkurangnya rugi bersih tahun berjalan. Kondisi                ongoing efforts to enhance operational efficiency and improve
tersebut menunjukkan upaya Perseroan dalam meningkatkan                       performance in a sustainable manner.
efisiensi operasional dan memperbaiki kinerja secara
berkelanjutan.


Laporan Arus Kas Konsolidasian
Consolidated Statement of Cash Flows

(Dalam jutaan Rupiah, kecuali dinyatakan lain)
(In millions of Rupiah, unless otherwise specified)

                                                                                                                            Perubahan
                                                                                                                             Change
                           Uraian
                                                                     2025                     2024
                         Description                                                                                                   Persentase
                                                                                                                   Selisih
                                                                                                                                       Percentage
                                                                                                                 Difference
                                                                                                                                           (%)

Arus Kas dari Aktivitas Operasi                                             41.010                 (9.815)               50.825               -517,83%
Cash Flows from Operating Activities

Arus Kas dari Aktivitas Investasi                                          (6.923)                (19.299)                12.376               -64,13%
Cash Flows from Investing Activities

Arus Kas dari Aktivitas Pendanaan                                         (41.124)                 37.195                -78.319              -210,56%
Cash Flows from Financing Activities

(Penurunan) Kenaikan Bersih Kas dan Setara Kas                             (7.037)                   8.081                -15.118             -187,08%
Net (Decrease) Increase in Cash and Cash
Equivalents

Kas dan Setara Kas, Awal Tahun                                             37.877                  29.796                  8.081                 27,12%
Cash and Cash Equivalents, Beginning of Year

Kas dan Setara Kas, Akhir Tahun                                           30.840                   37.877                  -7.037              -18,58%
Cash and Cash Equivalents, End of Year




                                                                                                  PT Keramika Indonesia Assosiasi Tbk
                                                                                             2025 Annual Report & Sustainability Report                 69
Page 72
Arus Kas dari Aktivitas Operasi                                   Cash Flows from Operating Activities
Pada tahun 2025, arus kas yang diperoleh dari aktivitas operasi   In 2025, net cash generated from operating activities amounted
tercatat sebesar Rp41,01 miliar. Dibandingkan jumlah arus kas     to Rp41.01 billion, compared to net cash used in operating
yang digunakan di tahun 2024 sebesar Rp9,82 miliar. Perbaikan     activities of Rp9.82 billion in 2024. This improvement was
ini terutama didorong oleh peningkatan penerimaan kas dari        primarily driven by higher cash received from customers, which
pelanggan, sehingga memberikan dampak positif terhadap            had a positive impact on the Company’s operating cash flows
arus kas operasional Perseroan sepanjang tahun 2025.              throughout 2025.


Arus Kas dari Aktivitas Investasi                                 Cash Flows from Investing Activities
Pada tahun 2025, arus kas yang digunakan untuk aktivitas          In 2025, net cash used in investing activities amounted to
investasi tercatat sebesar Rp6,92 miliar, menurun                 Rp6.92 billion, decreasing from Rp19.30 billion in 2024. The
dibandingkan tahun 2024 yang sebesar Rp19,30 miliar.              lower cash outflow was mainly attributable to reduced capital
Penurunan penggunaan arus kas ini terutama disebabkan oleh        expenditures for the acquisition of fixed assets, in line with the
lebih rendahnya pengeluaran untuk perolehan aset tetap pada       Company’s more limited investment requirements compared to
tahun 2025, sejalan dengan kebutuhan investasi Perseroan          the previous year.
yang relatif lebih terbatas dibandingkan tahun sebelumnya.


Arus Kas dari Aktivitas Pendanaan                                 Cash Flows from Financing Activities
Pada tahun 2025, arus kas yang digunakan untuk aktivitas          In 2025, net cash used in financing activities amounted to
pendanaan tercatat sebesar Rp41,12 miliar, berbanding terbalik    Rp41.12 billion, reversing from net cash provided by financing
dengan tahun 2024 yang mencatat arus kas diperoleh sebesar        activities of Rp37.20 billion in 2024. The cash outflow was
Rp37,20 miliar. Penggunaan kas ini terutama disebabkan oleh       primarily due to the repayments of principal and interest on
pembayaran pokok dan bunga utang bank jangka pendek,              short-term bank loans, in line with the Company’s prudent
sejalan dengan strategi Perseroan dalam mengelola kewajiban       financial management strategy and efforts to maintain a
keuangan secara lebih hati-hati dan menjaga struktur              healthy funding structure throughout 2025.
pendanaan yang sehat sepanjang tahun 2025.




             PT Keramika Indonesia Assosiasi Tbk
70           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 73
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




Kemampuan Membayar Utang
Debt Paying Ability


Rasio Likuiditas                                                       Liquidity Ratios

Perseroan senantiasa menegaskan komitmen dan kapasitasnya              The Company consistently affirms its commitment and capacity
dalam memenuhi kewajiban keuangan, mencerminkan reputasi               to meet its financial obligations, reflecting its reputation as
sebagai entitas bisnis yang konsisten menjunjung tinggi prinsip        a business entity that upholds the principle of integrity. This
integritas. Kemampuan likuiditas ini diukur melalui indikator          liquidity position is measured using key indicators, namely the
utama, yaitu rasio lancar, rasio cepat, dan rasio kas.                 current ratio, quick ratio, and cash ratio.


Hasil perhitungan rasio likuiditas tahun 2025 memperlihatkan           The 2025 liquidity ratios indicate an improvement in the
peningkatan kemampuan Perseroan dalam mengelola                        Company’s liquidity management. The current ratio stood at
likuiditas. Rasio lancar tercatat sebesar 203,48%, meningkat           203.48%, increasing compared to 2024. The quick ratio reached
dibandingkan tahun 2024. Rasio cepat tahun 2025 mencapai               157.77% in 2025, reflecting an improved ability to meet current
157,77%, menunjukkan perbaikan kemampuan Perseroan                     liabilities without relying on inventory liquidation. Meanwhile,
untuk memenuhi kewajiban jangka pendek tanpa harus menjual             the cash ratio stood at 24.44%, higher than in 2024, indicating
persediaan. Sementara itu, rasio kas Perseroan tercatat sebesar        a stronger cash position to support operational needs and
24,44%, lebih tinggi dari tahun 2024, yang menandakan posisi           current liabilities throughout 2025.
kas yang lebih sehat untuk mendukung kebutuhan operasional
dan kewajiban jangka pendek sepanjang tahun 2025.


Uraian
                                                                                                          2025                     2024
Description

Rasio Lancar
                                                                                                              203,48%                   175,65%
Current Ratio

Rasio Cepat
                                                                                                               157,77%                  136,78%
Quick Ratio

Rasio Kas
                                                                                                                24,44%                    23,11%
Cash Ratio


Rasio Solvabilitas                                                     Solvency Ratios

Tingkat solvabilitas Perseroan diukur menggunakan dua                  The Company’s solvency level is measured using two key
indikator utama, yaitu Rasio Liabilitas terhadap Jumlah Aset           indicators, namely the Debt to Asset Ratio (DAR) and the
(Debt to Asset Ratio/DAR) dan Rasio Liabilitas terhadap Jumlah         Debt to Equity Ratio (DER). These ratios provide an overview
Ekuitas (Debt to Equity Ratio/DER). Kedua rasio ini memberikan         of the Company’s ability to meet its financial obligations while
gambaran mengenai kemampuan Perseroan dalam memenuhi                   maintaining financial stability and sound financial performance.
kewajiban finansial sekaligus menjaga stabilitas dan kesehatan
performa keuangannya.


Hasil perhitungan rasio solvabilitas tahun 2025 menunjukkan            The 2025 solvency ratios indicate an improvement compared
perbaikan dibandingkan tahun sebelumnya. Rasio Liabilitas              to the previous year. The Debt to Asset Ratio (DAR) stood at
terhadap Jumlah Aset (DAR) tercatat sebesar 16,09%, menurun            16.09%, decreasing from 19.13% in 2024, while the Debt to
dari tahun 2024 sebesar 19,13%, sedangkan Rasio Liabilitas             Equity Ratio (DER) stood at 19.17%, improving from 23.66% in
terhadap Jumlah Ekuitas (DER) tercatat sebesar 19,17%, lebih           2024. This decline reflects more efficient liability management
baik dibandingkan persentase tahun 2024 sebesar 23,66%.                and a healthier capital structure throughout 2025.
Penurunan ini mencerminkan pengelolaan liabilitas yang
lebih efisien serta struktur modal Perseroan yang lebih sehat
sepanjang tahun 2025.




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report                 71
Page 74
Uraian
                                                                                                       2025                 2024
Description

Rasio Liabilitas terhadap Jumlah Aset (DAR)
                                                                                                           16,09%                 19,13%
Debt to Asset Ratio (DAR)

Rasio Liabilitas terhadap Jumlah Ekuitas (DER)
                                                                                                            19,17%                23,66%
Debt to Equity Ratio (DER)




Tingkat Kolektibilitas Piutang
Receivables Collection Period

Perseroan secara konsisten memantau efektivitas penagihan                The Company consistently monitors the effectiveness of its
piutang untuk menjaga arus kas yang sehat. Pada tahun                    receivables collection to maintain healthy cash flows. In 2025,
2025, tingkat kolektibilitas piutang tercatat sebesar 104 hari.          the receivables collection period stood at 104 days. Compared
Dibandingkan tingkat kolektibilitas tahun 2024 yang tercatat             to 101 days in 2024, the 2025 collection period was slightly
selama 101 hari, kolektibilitas tahun 2025 terpantau lebih               longer.
rendah.




Struktur Modal
Capital Structure


Perseroan memiliki struktur modal dalam 2 (dua) tahun terakhir           The Company’s capital structure over the past 2 (two) years is
sebagai berikut:                                                         as follows:


                                                                                                                     Perubahan
                                                   2025                               2024
                                                                                                                      Change
                Uraian
                                          Jumlah                             Jumlah
              Description                                  Persentase                         Persentase                   Persentase
                                         (Juta Rp)                          (Juta Rp)                        Selisih
                                                           Percentage                         Percentage                   Percentage
                                           Total                              Total                        Difference
                                                               (%)                                (%)                          (%)
                                        (Million Rp)                       (Million Rp)

Liabilitas
                                             150.006           16,09%           188.182           19,13%        -38.176          -20,29%
Liabilities

Ekuitas
                                            782.344            83,91%           795.519           80,87%         -13.175          -1,66%
Equity

Jumlah Liabilitas dan Ekuitas
                                            932.350           100,00%           983.701          100,00%        -51.351           -5,22%
Total Liabilities and Equity

Rasio Liabilitas terhadap Ekuitas
                                                       -        19,17%                    -       23,66%        -4,48%           -18,94%
Debt to Equity Ratio (%)


Struktur modal Perseroan terdiri dari liabilitas dan ekuitas             The Company’s capital structure comprises liabilities and equity,
yang mencerminkan kemampuan finansial dalam mendukung                    which reflects its financial capacity to support operational
operasional dan pertumbuhan usaha. Pada tahun 2025,                      activities and business growth. In 2025, the Company recorded
Perseroan mencatat liabilitas sebesar Rp150,01 miliar dengan             total liabilities of Rp150.01 billion, representing 16.09%, while
persentase 16,09%, sementara ekuitas tercatat sebesar                    equity amounted to Rp782.34 billion, while its proportion
Rp782,34 miliar dengan persentase sedikit meningkat menjadi              increased to 83.91% compared to Rp795.52 billion in 2024, or




              PT Keramika Indonesia Assosiasi Tbk
72            Laporan Tahunan & Laporan Keberlanjutan 2025
Page 75
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




83,91% dibanding tahun 2024, yang sebesar Rp795,52 miliar              80.87%. These changes indicate a relatively higher proportion
atau 80,87%. Perubahan ini menunjukkan peningkatan porsi               of equity as a stronger source of financing for the Company.
ekuitas sebagai sumber pembiayaan yang lebih kuat bagi
Perseroan.


Sementara itu, Rasio Liabilitas terhadap Ekuitas (DER) tahun           Meanwhile, the Debt to Equity Ratio (DER) in 2025 stood at
2025 tercatat sebesar 19,17%, menunjukkan perbaikan                    19.17%, improving from 23.66% in 2024, reflecting a more
dibandingkan tahun 2024 yang sebesar 23,66%, seiring                   balanced management of liabilities and equity to maintain the
pengelolaan liabilitas dan ekuitas yang lebih seimbang untuk           Company’s financial stability.
menjaga stabilitas finansial Perseroan.


Kebijakan Manajemen atas Struktur Modal                                Management Policy on Capital Structure

Manajemen senantiasa berupaya menjaga struktur modal                   Management continuously strives to maintain a strong and
Perseroan agar tetap kokoh dan efisien. Kebijakan yang                 efficient capital structure. The policy emphasizes a balanced
diterapkan menekankan keseimbangan antara liabilitas dan               composition between liabilities and equity, ensuring a stable
ekuitas, sehingga fondasi bisnis Perseroan tetap stabil dan            business foundation and long-term financial sustainability. In
keberlanjutan finansial dapat terjamin. Selain itu, Perseroan          addition, the Company consistently monitors its debt-to-equity
secara konsisten memantau rasio liabilitas terhadap ekuitas            ratio to remain at an optimal level, in line with the objective of
agar tetap berada pada tingkat yang optimal, sejalan dengan            maintaining financial health and flexibility.
tujuan menjaga kesehatan dan fleksibilitas keuangan.


Dalam menyusun kebijakan struktur modal, Perseroan                     In formulating its capital management policy, the Company
mempertimbangkan beberapa aspek yang wajib dicantumkan                 considers several factors as disclosed in the financial
dalam laporan keuangan, yaitu: kecukupan modal untuk                   statements, namely sufficient capital to support operations
mendukung operasi dan ekspansi, kemampuan Perseroan                    and expansion, the Company’s ability to meet its financial
dalam memenuhi kewajiban keuangan, manajemen risiko yang               obligations, adequate risk management practices, and the
memadai, serta kelayakan struktur modal untuk mendukung                appropriateness of the capital structure to support sustainable
pertumbuhan usaha secara berkelanjutan. Dasar-dasar ini                business growth. These principles serve as a reference for
menjadi acuan bagi manajemen dalam pengambilan keputusan               management in making strategic decisions related to capital
strategis terkait pengelolaan modal, sehingga fondasi                  management, ensuring that the Company’s financial foundation
keuangan Perseroan tetap sehat dan fleksibel.                          remains sound and flexible.




Ikatan yang Material untuk Investasi Barang
Modal
Material Commitments for Capital Expenditures


Sepanjang tahun 2025, Perseroan tidak memiliki ikatan                  Throughout 2025, the Company had no material commitments
material yang berdampak pada investasi barang modal.                   that impacted capital expenditure investments.




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report                 73
Page 76
Investasi Barang Modal
Capital Expenditures


(Dalam jutaan Rupiah, kecuali dinyatakan lain)
(In millions of Rupiah, unless otherwise specified)


        Jenis Investasi                               Tujuan Investasi Barang Modal                   Nilai Investasi Barang Modal
       Investment Type                                Purpose of Capital Expenditure                   Capital Expenditure Value

Investasi Jangka Pendek             Penggantian kompresor di Ceramic Tile
Short-Term Investment               Replacement of compressor at Ceramic Tile Plant                              Rp541,6

                                    Rekondisi mesin-mesin Body, Glaze Prep, dan Sorting di
                                    Ceramic Tile                                                                Rp396,7
                                    Reconditioning of Body, Glaze Preparation, and Sorting
                                    Machines at Ceramic Tile Plant

                                    Rekondisi mesin Forming di Roof Tile Plant Gresik
                                    Recondition of Forming machine at Roof Tile Plant, Gresik                  Rp1.724,6

                                    Rekondisi mesin Firing & Sorting di Roof Tile Plant Gresik
                                    Reconditioning of Firing and Sorting machines at Roof Tile                   Rp321,0
                                    Plant, Gresik

                                    Improvement untuk penghematan energi di Roof Tile Plant
                                    Cileungsi                                                                    Rp130,0
                                    Improvement for energy saving at Roof Tile Plant, Cileungsi

                                    Rekondisi mesin-mesin Forming & Firing di Roof Tile Plant
                                    Cileungsi                                                                    Rp117,0
                                    Reconditioning of Forming and Firing machines at Roof Tile
                                    Plant, Cileungsi

                                    Improvement kondisi area kerja di Roof Tile Plant Gresik dan
                                    Roof Tile Plant Cileungsi                                                     Rp55,0
                                    Work area improvement at Roof Tile Plants, Gresik and
                                    Cileungsi




Informasi dan Fakta Material setelah Tanggal
Laporan Akuntan
Material Information and Facts after the Auditor’s Report Date


Berdasarkan peninjauan, tidak terdapat adanya informasi                    Based on the review, there was no significant information or
penting atau fakta material terkait Perseroan setelah tanggal              material facts relating to the Company after the date of the
laporan akuntan.                                                           auditor’s report.




               PT Keramika Indonesia Assosiasi Tbk
74             Laporan Tahunan & Laporan Keberlanjutan 2025
Page 77
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




Prospek Usaha
Business Outlook


Memasuki tahun 2026, Perseroan memandang prospek usaha                 Entering 2026, the Company maintains a cautiously optimistic
dengan optimisme yang terukur, sejalan dengan kondisi                  outlook, in line with global and domestic economic conditions.
ekonomi global dan domestik. Menurut Bank Indonesia,                   According to Bank Indonesia, global economic growth is
pertumbuhan ekonomi dunia diperkirakan sedikit melambat                projected to slightly slow to around 3.2% in 2026, down from
menjadi sekitar 3,2% pada 2026, lebih rendah dibanding                 approximately 3.3% in 2025, reflecting the continued impact of
capaian sekitar 3,3% pada 2025, seiring pengaruh lanjutan              reciprocal tariffs from the United States and vulnerabilities in
tarif resiprokal Amerika Serikat dan kerentanan rantai pasok           global supply chains. Nevertheless, the United States economic
global. Meskipun demikian, prospek perekonomian Amerika                outlook is expected to improve, supported by investments in
Serikat menunjukkan perbaikan didukung oleh investasi di               the technology sector and fiscal stimulus measures.
sektor teknologi dan stimulus fiskal.


Di tingkat nasional, pertumbuhan ekonomi Indonesia                     At the national level, Indonesia’s economic growth is projected
diperkirakan tetap solid dalam kisaran 4,9%–5,7% pada 2026,            to remain solid within the range of 4.9%–5.7% in 2026,
ditopang oleh peningkatan permintaan domestik, efektivitas             supported by stronger domestic demand, the effectiveness of
berbagai program stimulus pemerintah, serta bauran                     various government stimulus programs, and Bank Indonesia’s
kebijakan Bank Indonesia yang mengintegrasikan kebijakan               policy mix integrating monetary, macroprudential, and payment
moneter, makroprudensial, dan sistem pembayaran. Kondisi ini           system policies. These conditions provide a positive foundation
memberikan fondasi positif bagi industri keramik nasional.             for the national ceramics industry.


Menurut Asosiasi Aneka Industri Keramik Indonesia (ASAKI),             According to the Indonesian Ceramic Industry Association
industri keramik nasional diproyeksikan memasuki fase                  (ASAKI), the domestic ceramics industry is expected to enter
pemulihan yang lebih kuat. Tingkat utilisasi kapasitas produksi        a stronger recovery phase. Capacity utilization is projected to
diperkirakan meningkat hingga sekitar 80% pada 2026,                   increase to around 80% in 2026, the highest level in the past
tertinggi dalam satu dekade terakhir. Peningkatan ini didorong         decade. This improvement is driven by accelerated national
oleh percepatan pembangunan perumahan nasional, kebijakan              housing development, protective trade measures such as anti-
proteksi pasar seperti bea masuk antidumping dan safeguard,            dumping and safeguard duties, the implementation of national
penerapan standar nasional produk keramik, serta dukungan              ceramics product standards, as well as supportive fiscal and
kebijakan fiskal dan moneter yang kondusif. ASAKI juga                 monetary policies. ASAKI also projects new investments in the
memproyeksikan investasi baru di industri keramik nasional             Indonesian ceramics industry of approximately Rp5 trillion for
senilai sekitar Rp5 triliun untuk ekspansi kapasitas dan               capacity expansion and production facility modernization.
modernisasi fasilitas produksi.


Dalam konteks peluang, Perseroan berfokus pada penguatan               In terms of opportunities, the Company focuses on
portofolio produk bernilai tambah tinggi, pengembangan                 strengthening its value-added product portfolio, expanding
jaringan distribusi, dan pemanfaatan peluang kolaborasi                its distribution network, and leveraging strategic collaboration
strategis dengan mitra usaha. Selain itu, berbagai kebijakan           opportunities with business partners. In addition, various
pemerintah yang mendukung sektor perumahan dan industri                government policies supporting the housing and industrial
dipandang dapat memberikan kontribusi positif terhadap                 sectors are expected to contribute positively to the Company’s
pertumbuhan kinerja Perseroan secara berkelanjutan.                    sustainable performance growth.


Di sisi tantangan, Perseroan mencermati potensi tekanan biaya          On the challenges side, the Company observes potential
energi akibat keterbatasan pasokan gas industri, persaingan            pressure from energy costs due to limited industrial gas supply,
ketat dengan produk impor, risiko gangguan pasokan bahan               intense competition from imported products, risks of disruption
baku utama, serta dinamika permintaan konsumen yang terus              in key raw material supply, and continuously shifting consumer
berubah. Tantangan ini menuntut pengelolaan operasional                demand dynamics. These challenges require efficient and
yang efisien dan adaptif.                                              adaptive operational management.


Untuk mengantisipasi kondisi tersebut, Perseroan menyiapkan            To address these conditions, the Company has prepared
strategi yang mencakup penguatan manajemen rantai pasok,               strategies that include strengthening supply chain
optimalisasi struktur biaya melalui peningkatan efisiensi              management, optimizing cost structure through improved



                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report                 75
Page 78
proses produksi, pemanfaatan teknologi dan digitalisasi secara         production efficiency, gradual adoption of technology and
bertahap, serta pengembangan kompetensi sumber daya                    digitalization, and enhancing human resource capabilities.
manusia. Melalui langkah-langkah ini, Perseroan berupaya               Through these initiatives, the Company aims to maintain
menjaga stabilitas operasional, memperkuat daya saing, dan             operational stability, strengthen competitiveness, and ensure
memastikan pertumbuhan usaha yang sehat dan berkelanjutan.             sustainable business growth.


Direksi optimis bahwa dengan dukungan kondisi makroekonomi             The Board of Directors remains optimistic that, supported
yang relatif stabil, kebijakan pemerintah yang pro-industri,           by relatively stable macroeconomic conditions, pro-industry
serta strategi usaha yang responsif dan terarah, Perseroan             government policies, and a responsive and well-directed
dapat memanfaatkan peluang pertumbuhan yang tersedia dan               business strategy, the Company will be able to capture available
menghadapi tantangan secara efektif pada tahun 2026.                   growth opportunities and effectively address challenges in
                                                                       2026.




Perbandingan Target Tahun 2025 dengan
Realisasi Tahun 2025
Comparison of 2025 Targets with 2025 Realization


Perseroan secara konsisten menetapkan target tahunan                   The Company consistently sets annual targets to strengthen
untuk memperkuat daya saing, menjaga keunggulan, serta                 competitiveness, maintain excellence, and improve operational
meningkatkan efisiensi operasional. Pencapaian target                  efficiency. The achievement of these targets is pursued through
tersebut diupayakan melalui penerapan strategi yang tepat,             the implementation of appropriate strategies aligned with both
sejalan dengan kondisi internal maupun eksternal Perseroan.            internal and external conditions.


Pada awal tahun 2025, Perseroan telah menetapkan target                At the beginning of 2025, the Company established targets
sebagai acuan kerja sepanjang tahun. Hingga akhir 2025,                as a performance benchmark for the year. By the end of
realisasi kinerja menunjukkan capaian yang positif, dengan             2025, actual performance demonstrated positive results, with
sebagian besar target berhasil mendekati rencana yang                  most targets largely achieved in line with expectations. The
ditetapkan. Perseroan terus melakukan penyesuaian, inovasi,            Company continues to make adjustments, innovations, and
dan langkah perbaikan untuk memastikan pencapaian yang                 improvements to ensure more optimal performance. Going
lebih optimal. Ke depan, Perseroan berkomitmen untuk tetap             forward, the Company remains committed to maintaining
adaptif terhadap dinamika pasar, memaksimalkan inovasi, dan            adaptability to market dynamics, maximizing innovation, and
mempertahankan fokus dalam mencapai sasaran strategis                  sustaining its focus on achieving strategic objectives in order
guna memperkokoh posisi Perseroan di industri.                         to further strengthen its position in the industry.


            Uraian                       Target 2025 (Juta Rp)                Realisasi 2025 (Juta Rp)             Persentase (%)
          Description                   2025 Target (Million Rp)             2025 Realization (Million Rp)         Percentage (%)

Pendapatan
                                                                659.410                               611.942                  -7,20%
Revenue

Laba (Rugi)
                                                                   3.277                              (11.988)             -465,82%
Profit (Loss)

Aset
                                                               1.036.635                             932.350                  -10,06%
Assets

Liabilitas
                                                                251.547                               150.006                -40,37%
Liabilities

Ekuitas
                                                                785.088                              782.344                  -0,35%
Equity




                PT Keramika Indonesia Assosiasi Tbk
76              Laporan Tahunan & Laporan Keberlanjutan 2025
Page 79
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




Target 2026
2026 Targets


Sebagai perusahaan yang terus berkembang, Perseroan                    As a continuously growing company, the Company places
menempatkan peningkatan mutu kinerja secara berkelanjutan              sustainable improvement in performance quality as a key
sebagai prioritas utama. Target yang ditetapkan untuk tahun            priority. The targets set for 2026 serve as a working guideline
2026 dijadikan sebagai acuan kerja dalam menyempurnakan                for enhancing various aspects of the Company’s operations and
berbagai aspek operasional dan strategi bisnis Perseroan.              business strategy. In addition to serving as a benchmark, these
Selain berfungsi sebagai panduan, target ini juga menjadi              targets also reinforce the Company’s commitment to delivering
dorongan untuk memperkuat komitmen Perseroan dalam                     high-quality ceramic products and services to all customers.
menghadirkan layanan dan produk keramik yang berkualitas
terbaik bagi seluruh pelanggan.


                                   Uraian                                                       Target 2026 (Juta Rp)
                                 Description                                                   2026 Target (Million Rp)

Pendapatan
                                                                                                                                       689.494
Revenue

Laba (Rugi)
                                                                                                                                         15.614
Profit (Loss)

Aset
                                                                                                                                       941.626
Assets

Liabilitas
                                                                                                                                        136.613
Liabilities

Ekuitas
                                                                                                                                       805.013
Equity




Aspek Pemasaran
Marketing Aspects


Perseroan menjalankan berbagai strategi pemasaran untuk                The Company implements various marketing strategies to
mendukung kelangsungan usaha, meningkatkan daya saing,                 support business continuity, enhance competitiveness, and
serta mendorong pertumbuhan bisnis yang berkelanjutan.                 drive sustainable business growth. Through effective marketing
Melalui pemasaran yang tepat, Perseroan dapat memperkuat               initiatives, the Company is able to strengthen brand awareness
kesadaran merek sekaligus menyampaikan nilai unik dari                 while communicating the unique value of each product to
setiap produk kepada pelanggan. Fokus utama pada aspek                 customers. The key focus areas of marketing include product
pemasaran meliputi inovasi produk, pengelolaan media                   innovation, management of communication channels (social
komunikasi (media sosial dan situs web), serta penempatan              media and website), and placement of product information in
informasi produk di lokasi strategis.                                  strategic locations.


Pada tahun 2025, strategi pemasaran Perseroan tetap                    In 2025, the Company’s marketing strategy remained based on
berlandaskan pada inisiatif yang telah berjalan, antara lain:          ongoing initiatives, including:
1. Pengembangan produk bernilai tinggi (High Value Added/              1. Development of high value-added (HVA) products,
    HVA), khususnya KIA dan KIA HD yang menyasar segmen                    particularly KIA and KIA HD, targeting the middle-to-upper
    menengah ke atas, untuk mempertahankan posisi                          market segment to maintain the Company’s position in the
    Perseroan di pasar keramik nasional;                                   national ceramics industry;
2. Penguatan desain dan mutu produk untuk menjaga                      2. Strengthening product design and quality to sustain
    keunggulan kompetitif sekaligus menarik minat pelanggan;               competitive advantage and attract customer interest;



                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report                 77
Page 80
3. Peningkatan volume penjualan, melalui penguatan jaringan       3. Increasing sales volume through strengthening distribution
   distribusi, pengembangan variasi produk (motif, tekstur,          networks, developing product variations (patterns, textures,
   warna), program promosi tahunan, serta penyesuaian                and colors), implementing annual promotional programs,
   ukuran produk dengan tren pasar agar lebih sesuai dengan          and adjusting product sizes in line with market trends and
   preferensi pelanggan;                                             customer preferences;
4. Pengendalian biaya operasional, termasuk rekondisi mesin       4. Controlling operating costs, including machinery
   untuk meningkatkan efisiensi produksi dan laba operasi;           reconditioning to improve production efficiency and
                                                                     operating profit;
5. Peningkatan proses produksi dan teknologi, didukung            5. Enhancing production processes and technology,
   oleh riset dan pengembangan untuk menghasilkan produk             supported by research and development to produce
   unggulan dan ramah lingkungan; dan                                superior and environmentally friendly products; and
6. Pengembangan       sumber     daya   manusia,  melalui         6. Developing human resources through capacity building
   peningkatan kapasitas karyawan, implementasi Total                programs, implementation of Total Quality Management
   Quality Management (TQM), serta pendekatan pemecahan              (TQM), and problem-solving approaches across all
   masalah di seluruh fungsi Perseroan.                              functions of the Company.


Dengan strategi tersebut, Perseroan mampu menjaga                 Through these strategies, the Company was able to maintain
konsistensi kinerja pemasaran sekaligus beradaptasi dengan        consistent marketing performance while adapting to market
dinamika pasar dan preferensi pelanggan di sepanjang tahun        dynamics and customer preferences throughout 2025.
2025.


Pangsa Pasar                                                      Market Share

Perseroan mencatat pangsa pasar untuk produk keramik di           The Company recorded a 4% market share for ceramic products
Indonesia pada tahun 2025 sebesar 4%, yang menunjukkan            in Indonesia in 2025, reflecting its continued competitive
posisi Perseroan tetap kompetitif di industri keramik nasional.   position within the national ceramics industry.


Dengan strategi tersebut, Perseroan mampu menjaga konsistensi     Through its implemented strategies, the Company was able
kinerja pemasaran sekaligus beradaptasi dengan dinamika pasar     to maintain consistent marketing performance while adapting
dan preferensi pelanggan sepanjang tahun 2025.                    to evolving market dynamics and customer preferences
                                                                  throughout 2025.




Kebijakan Dividen
Dividend Policy

Seluruh saham Perseroan yang telah ditempatkan dan                All issued and fully paid shares of the Company carry equal
disetor penuh memberikan hak yang sama kepada pemegang            rights to shareholders, including the right to receive dividends.
saham, termasuk hak atas pembagian dividen. Sesuai dengan         In accordance with applicable laws and the Company’s Articles
ketentuan peraturan perundang-undangan serta Anggaran             of Association, dividend distribution may only be made upon
Dasar Perseroan, pembayaran dividen hanya dapat dilakukan         approval from the Annual General Meeting of Shareholders,
setelah mendapat persetujuan Rapat Umum Pemegang                  based on the recommendation of the Board of Directors, taking
Saham Tahunan berdasarkan rekomendasi Direksi yang                into account the Company’s annual performance. This dividend
mempertimbangkan kinerja tahunan Perseroan. Kebijakan             policy may be adjusted by the Board of Directors with the
dividen ini dapat disesuaikan oleh Direksi dengan persetujuan     approval of the GMS.
RUPS.


Perseroan berkomitmen untuk membagikan dividen tunai              The Company is committed to distributing cash dividends
minimal sekali dalam setahun, dengan memperhatikan kondisi        at least once a year, subject to the Company’s financial
keuangan dan rencana operasional jangka menengah hingga           condition and medium- to long-term operational plans, without
panjang, tanpa mengurangi hak RUPS untuk memutuskan               prejudice to the authority of the GMS to determine otherwise in
kebijakan lainnya sesuai ketentuan Anggaran Dasar Perseroan.      accordance with the Articles of Association.




             PT Keramika Indonesia Assosiasi Tbk
78           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 81
   Ikhtisar Kinerja | Performance Highlights      Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                   Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                            Laporan Keberlanjutan | Sustainability Report
                                                Management Discussion and Analysis




Berdasarkan keputusan RUPS untuk tahun buku 2023 dan                     Based on the resolutions of the GMS for the financial years
tahun buku 2024 yang diselenggarakan masing-masing pada                  2023 and 2024, held on June 20, 2024 and June 20, 2025
tanggal 20 Juni 2024 dan 20 Juni 2025, para pemegang saham               respectively, shareholders approved no appropriation of
memberikan persetujuan untuk tidak melakukan penyisihan                  retained earnings and no dividend distribution. Accordingly, the
laba dan tidak membagikan dividen. Dengan demikian, selama               Company did not distribute dividends to shareholders over the
dua tahun terakhir Perseroan tidak melakukan pembagian                   past two years.
dividen kepada pemegang saham.



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

Pada tahun 2025, Perseroan tidak melakukan realisasi                     In 2025, the Company did not realize any use of proceeds
penggunaan dana hasil penawaran umum dan tidak memiliki                  from public offerings and was not required to submit a report
kewajiban untuk menyampaikan laporan terkait realisasi                   on the realization of such proceeds. Furthermore, the use of
penggunaan dana tersebut. Selain itu, penggunaan dana                    the Company’s funds remained consistent and unchanged
Perseroan tetap konsisten dan tidak mengalami perubahan dari             from the previously established allocation, in accordance with
yang telah ditetapkan sebelumnya, sesuai dengan ketentuan                applicable regulations.
peraturan yang berlaku.




Informasi Material mengenai Investasi, Ekspansi,
Divestasi, Penggabungan/Peleburan Usaha, Akuisisi,
Restrukturisasi Utang/Modal, Transaksi Material,
Transaksi Afiliasi, dan Transaksi Benturan Kepentingan
Material Information on Investments, Expansion, Divestments, Mergers/
Consolidations, Acquisitions, Debt/Capital Restructuring, Material
Transactions, Affiliate Transactions, and Conflict of Interest Transactions

Sepanjang tahun 2025, Perseroan tidak menjalankan transaksi              Throughout 2025, the Company did not undertake any
seperti investasi, ekspansi, divestasi, penggabungan/peleburan           transactions related to investments, expansions, divestments,
usaha, akuisisi, restrukturisasi utang/modal, transaksi material,        mergers or consolidations, acquisitions, debt or capital
transaksi afiliasi, dan transaksi benturan kepentingan.                  restructuring, material transactions, affiliated transactions, or
                                                                         conflict of interest transactions.



Perubahan Peraturan Perundang-undangan
Changes in Laws and Regulations

Pada tahun 2025, Perseroan mencatat tidak ada perubahan                  In 2025, the Company did not identify any changes in laws
yang terjadi pada peraturan undang-undang yang berpengaruh               and regulations that had a specific or material impact on its
secara spesifik maupun substansial pada aktivitas operasional            operational activities.
Perseroan.



Perubahan Kebijakan Akuntansi
Changes in Accounting Policies

Tidak ada perubahan kebijakan akuntansi pada tahun buku.                 There were no changes in accounting policies during the
                                                                         reporting period.


                                                                                             PT Keramika Indonesia Assosiasi Tbk
                                                                                        2025 Annual Report & Sustainability Report                 79
Page 82

          
Page 83
   Tata Kelola
   Perusahaan
   Corporate
   Governance




Kauri Light Grey
WT 30 x 60 cm
Page 84
Perseroan meyakini bahwa Tata Kelola Perusahaan yang Baik (Good Corporate
Governance – GCG) adalah fondasi bagi terciptanya kepercayaan dan keberlanjutan.
Dengan menjunjung tinggi integritas dan keterbukaan, setiap langkah usaha diarahkan
untuk memberikan nilai tambah jangka panjang bagi seluruh pemangku kepentingan.

The Company believes that Good Corporate Governance (GCG) is the foundation for
building trust and ensuring sustainability. By upholding integrity and transparency,
every business decision is aimed at delivering long-term value to all stakeholders.




Komitmen dan Landasan Hukum Penerapan GCG
Commitment and Legal Basis for the Implementation of Corporate
Governance
Perseroan berkomitmen untuk menerapkan prinsip-prinsip             The Company is committed to consistently and sustainably
GCG secara konsisten dan berkelanjutan. Komitmen ini               implementing the principles of good corporate governance.
diwujudkan melalui kebijakan internal, struktur tata kelola, dan   This commitment is reflected in internal policies, governance
budaya kerja yang mendukung integritas, transparansi, serta        structures, and a work culture that supports integrity,
akuntabilitas.                                                     transparency, and accountability.


Landasan hukum penerapan GCG di Perseroan mengacu pada             The legal basis for the implementation of GCG at the Company
ketentuan dan pedoman berikut:                                     refers to the following provisions and guidelines:
1. Undang-Undang Republik Indonesia No. 14 Tahun 2008              1. Law of the Republic of Indonesia No. 14 of 2008 on
    tentang Keterbukaan Informasi                                      Information Disclosure
2. Peraturan OJK No. 21/POJK.04/2015 tentang Penerapan             2. OJK Regulation No. 21/POJK.04/2015 on the Implementation
    Pedoman Tata Kelola Perusahaan Terbuka                             of Corporate Governance Guidelines for Public Companies
3. Surat Edaran OJK No. 32/SEOJK.04/2015 tentang Pedoman           3. OJK Circular Letter No. 32/SEOJK.04/2015 on Guidelines
    Tata Kelola Perusahaan Terbuka                                     for Corporate Governance of Public Companies
4. Pedoman Umum Governansi Korporat Indonesia (PUGKI)              4. 2021 General Guidelines on Corporate Governance in
    2021 yang dirilis oleh Komite Nasional Kebijakan Governansi        Indonesia (PUGKI) issued by the National Committee on
    (KNKG)                                                             Governance Policy (KNKG)
5. SCG Corporate Governance Principles Tahun 2021                  5. SCG Corporate Governance Principles 2021
6. Kode Etik SCG                                                   6. SCG Code of Ethics



             PT Keramika Indonesia Assosiasi Tbk
82           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 85
      Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                     Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                             Laporan Keberlanjutan | Sustainability Report
                                                  Management Discussion and Analysis




Prinsip GCG
GCG Principles


Memahami pentingnya penerapan GCG, Perseroan secara                       Recognizing the importance of implementing GCG, the
aktif mengintegrasikan prinsip GCG dalam seluruh proses                   Company actively integrates GCG principles into all decision-
pengambilan keputusan dan praktik manajemen. Prinsip                      making processes and management practices. These principles
ini menjadi pedoman utama dalam menjaga transparansi,                     serve as the primary guidelines for maintaining transparency,
akuntabilitas, serta   keberlanjutan  usaha,   sekaligus                  accountability, and business sustainability, while also building
membangun kepercayaan pemangku kepentingan.                               stakeholder trust.

Untuk mewujudkan komitmen penerapan GCG, Perseroan                        To fulfill its commitment to implementing GCG, the Company
mengadopsi prinsip GCG sebagaimana diatur dalam Peraturan                 adopts the GCG principles as stipulated in OJK Regulations,
OJK, yaitu:                                                               namely:


  1      Transparansi                                                      Transparency
         Keterbukaan dalam menyampaikan informasi yang                     Openness in providing relevant, accurate, and timely
         relevan, akurat, dan tepat waktu kepada pemangku                  information to stakeholders.
         kepentingan.
 2       Akuntabilitas                                                     Accountability
         Kejelasan fungsi, pelaporan, dan pertanggungjawaban               Clarity regarding the functions, reporting, and accountability
         setiap organ perusahaan agar dapat dievaluasi secara              of each corporate body to enable objective evaluation.
         objektif.
 3       Responsibilitas                                                   Responsibility
         Kepatuhan terhadap peraturan perundang-undangan                   Compliance with laws and regulations, as well as the
         serta pelaksanaan tanggung jawab sosial perusahaan.               fulfillment of corporate social responsibility.
 4       Independensi                                                      Independency
         Pengambilan keputusan yang bebas dari benturan                    Decision-making free from conflicts of interest and influence
         kepentingan dan pengaruh pihak mana pun.                          from any party.
 5       Kewajaran                                                         Fairness
         Perlakuan yang adil terhadap seluruh pemangku                     Fair treatment of all stakeholders in accordance with their
         kepentingan sesuai hak dan kewajiban masing-masing.               respective rights and obligations.




Struktur GCG
GCG Structure


Dalam rangka memastikan penerapan prinsip GCG yang efektif                To ensure the effective and sustainable implementation of
dan berkelanjutan, Perseroan telah membentuk struktur GCG                 GCG principles, the Company has established a GCG structure
yang terdiri dari organ utama dan organ pendukung. Struktur               comprising principal bodies and supporting bodies. This
ini disusun dengan mengacu pada ketentuan peraturan                       structure is designed in accordance with applicable laws
perundang-undangan yang berlaku serta praktik terbaik                     and regulations as well as industry best practices, to support
di industri, guna mendukung tata kelola yang transparan,                  transparent, accountable, and responsible governance.
akuntabel, dan bertanggung jawab.


Sebagai pilar utama struktur GCG, organ utama berperan                    As the main pillars of the GCG structure, the principal
dalam pengambilan keputusan strategis dan pengelolaan                     bodies play a role in strategic decision-making and business
bisnis. Organ utama Perseroan terdiri dari:                               management. The Company’s primary bodies consist of:
1. Rapat Umum Pemegang Saham (RUPS) sebagai forum                         1. The General Meeting of Shareholders (GMS) as the highest
    tertinggi pengambilan keputusan.                                         decision-making forum.



                                                                                              PT Keramika Indonesia Assosiasi Tbk
                                                                                         2025 Annual Report & Sustainability Report                 83
Page 86
2. Dewan Komisaris yang menjalankan fungsi pengawasan        2. The Board of Commissioners, which performs oversight
   dan memberikan nasihat kepada Direksi.                       functions and provides advice to the Board of Directors.
3. Direksi yang bertanggung jawab atas pengelolaan           3. The Board of Directors, which is responsible for the
   operasional dan strategi bisnis Perseroan.                   Company’s operational management and business strategy.


Dalam melaksanakan tugas dan tanggung jawabnya, tiga organ   In carrying out their duties and responsibilities, the Company’s
utama Perseroan memperoleh dukungan dari organ pendukung     three principal bodies receive support from supporting bodies
yang berfungsi memperkuat efektivitas pengawasan,            that serve to strengthen the effectiveness of oversight, ensure
memastikan kepatuhan, serta menjaga komunikasi yang          compliance, and maintain constructive communication with
konstruktif dengan para pemangku kepentingan. Organ          stakeholders. These supporting bodies include the Audit
pendukung tersebut antara lain adalah Komite Audit, Komite   Committee, the Nomination and Remuneration Committee,
Nominasi dan Remunerasi, Komite Kepatuhan, Unit Audit        the Compliance Committee, the Internal Audit Unit, and the
Internal, serta Sekretaris Perusahaan, yang bersama-sama     Corporate Secretary, which together ensure that corporate
memastikan penerapan tata kelola berjalan efektif dan        governance is implemented effectively and consistently.
konsisten.




Rapat Umum Pemegang Saham [IDX G-08]
General Meeting of Shareholders


Dalam struktur GCG, Rapat Umum Pemegang Saham (RUPS)         Within the GCG framework, the General Meeting of
menempati posisi tertinggi sebagai forum pengambilan         Shareholders (GMS) holds the highest position as the decision-
keputusan yang mewakili kepentingan seluruh pemegang         making forum representing the interests of all shareholders.
saham. RUPS memiliki kewenangan yang tidak dimiliki oleh     The GMS possesses authorities not held by the Board of
Dewan Komisaris maupun Direksi, antara lain:                 Commissioners or the Board of Directors, including:
1. Mengevaluasi kinerja Dewan Komisaris dan Direksi;         1. Evaluating the performance of the Board of Commissioners
                                                                and the Board of Directors;
2. Menentukan atau mengubah Anggaran Dasar Perseroan;        2. Determining or amending the Company’s Articles of
                                                                Association;
3. Menyetujui laporan dan menentukan auditor eksternal       3. Approving reports and appointing the Company’s external
   Perseroan;                                                   auditor;
4. Menentukan remunerasi Dewan Komisaris dan Direksi; dan    4. Determining the remuneration of the Board of
                                                                Commissioners and the Board of Directors; and
5. Membuat keputusan mengenai tindakan korporasi dan         5. Making decisions regarding corporate actions and
   transaksi yang memiliki benturan kepentingan.                transactions involving conflicts of interest.


Pemegang saham memiliki hak yang dijamin oleh peraturan      Shareholders have the rights guaranteed by laws and
perundang-undangan serta Anggaran Dasar Perseroan. Hak-      regulations as well as the Company’s Articles of Association.
hak tersebut mencakup:                                       These rights include:
1. Hak menghadiri dan memberikan suara dalam RUPS sesuai     1. The right to attend and vote at the GMS in proportion to the
   dengan jumlah saham yang dimiliki.                           number of shares held.
2. Hak memperoleh informasi yang relevan dan material        2. The right to receive relevant and material information
   mengenai Perseroan secara tepat waktu, akurat, dan           regarding the Company in a timely, accurate, and
   transparan.                                                  transparent manner.
3. Hak menerima dividen dan sisa kekayaan hasil likuidasi    3. The right to receive dividends and the residual assets from
   sesuai dengan ketentuan yang berlaku.                        liquidation in accordance with applicable regulations.
4. Hak mengalihkan saham kepada pihak lain sesuai dengan     4. The right to transfer shares to another party in accordance
   ketentuan peraturan pasar modal dan Anggaran Dasar.          with capital market regulations and the Articles of
                                                                Association.
5. Hak memperoleh perlakuan yang adil dan setara tanpa       5. The right to fair and equal treatment without discrimination
   diskriminasi terhadap seluruh pemegang saham.                against all shareholders.



            PT Keramika Indonesia Assosiasi Tbk
84          Laporan Tahunan & Laporan Keberlanjutan 2025
Page 87
   Ikhtisar Kinerja | Performance Highlights           Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                         Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                                 Laporan Keberlanjutan | Sustainability Report
                                                      Management Discussion and Analysis




Berdasarkan pada ketentuan peraturan perundang-undangan                       Based on applicable laws and regulations and the Company’s
dan Anggaran Dasar Perseroan, terdapat dua jenis RUPS yang                    Articles of Association, there are two types of GMS that may
dapat diselenggarakan, yaitu:                                                 be held, namely:
1. RUPS Tahunan (RUPST), yang wajib dilaksanakan sekali                       1. Annual GMS (AGMS), which must be held once during
   dalam setiap tahun buku, paling lambat enam bulan setelah                      each fiscal year, no later than six months after the fiscal
   tahun buku berakhir. Agenda utama RUPST mencakup                               year ends. The main agenda of the AGMS includes the
   pembahasan laporan tahunan, pengesahan laporan                                 discussion of the annual report, the approval of financial
   keuangan, serta agenda rutin lainnya sesuai ketentuan                          statements, and other routine matters in accordance with
   yang berlaku.                                                                  applicable regulations.
2. RUPS Luar Biasa (RUPSLB), yang dapat diadakan                              2. Extraordinary GMS (EGMS), which may be held at any
   sewaktu-waktu sepanjang tahun berjalan apabila terdapat                        time during the current year if there is an urgent need or
   kebutuhan mendesak atau keputusan penting yang harus                           an important decision that must be made immediately.
   segera ditetapkan. Penyelenggaraan RUPSLB dilakukan                            The EGMS is conducted in accordance with the Articles of
   sesuai dengan Anggaran Dasar dan peraturan perundang-                          Association and applicable laws and regulations.
   undangan yang berlaku.


Rapat Umum Pemegang Saham Tahunan 2025                                        Annual General Meeting of Shareholders in 2025

Tahapan Penyelenggaraan RUPS Tahunan 2025                                     Stages of the Annual GMS in 2025
Sepanjang tahun 2025, Perseroan telah melaksanakan                            Throughout 2025, the Company carried out the planning
tahapan perencanaan dan penyelenggaraan Rapat Umum                            and implementation stages of the Annual General Meeting
Pemegang Saham Perusahaan Tahunan (RUPST) 2025, untuk                         of Shareholders (AGMS) 2025 to discuss the Company’s
membahas kinerja Perseroan pada Tahun Buku 2024, sesuai                       performance for the 2024 Financial Year, in accordance with
dengan Peraturan OJK No. 15/POJK.04/2020. Rangkaian                           OJK Regulation No. 15/POJK.04/2020. The series of stages is
tahapan tersebut diuraikan pada bagan berikut:                                presented in the following chart:



                                                                                                                         24 Juni 2025
           9 Mei 2025
                                                                                    20 Juni 2025                     Pengumuman Ringkasan
       Pengumuman Rencana                           28 Mei 2025
                                                                                Penyelenggaraan RUPST                     Risalah RUPST
              RUPST                              Pemanggilan RUPST
                                                                                     June 20, 2025                         June 24, 2025
            May 9, 2025                             May 28, 2025
                                                                                 Implementation of the                 Announcement of the
        Announcement of the                    Invitation to the AGMS
                                                                                        AGMS                           Summary of AGMS
           AGMS Plan
                                                                                                                            Minutes


Waktu dan Tempat Penyelenggaraan RUPS Tahunan                                 Date and Venue of the Annual GMS in 2025
2025
RUPS Tahunan 2025 telah diselenggarakan pada 20 Juni 2025,                    The 2025 Annual GMS was held on June 20, 2025, from 10:00
pukul 10.00 – 11.05 WIB, bertempat di Graha Mobisel, Lantai                   a.m. to 11:05 a.m. WIB, at Graha Mobisel, 3rd Floor (Meeting
3 (Meeting Room 301), Jalan Buncit Raya No. 139, Kalibata,                    Room 301), Jalan Buncit Raya No. 139, Kalibata, Pancoran,
Pancoran, Jakarta Selatan. Rapat dipimpin oleh Komisaris                      South Jakarta. The meeting was chaired by the Company’s
Perseroan, yaitu Warit Jintanawan sebagai Ketua Rapat.                        Commissioner, Warit Jintanawan, as Chair of the Meeting.


Peserta RUPS Tahunan 2025                                                     Participants of the 2025 Annual GMS
RUPST tersebut dihadiri oleh peserta rapat sesuai dengan                      The AGMS was attended by meeting participants in accordance
ketentuan yang berlaku, dengan uraian sebagai berikut:                        with applicable regulations, as detailed below:
1. Para Pemegang Saham                                                        1. Shareholders
    Pemegang Saham dan/atau kuasa Pemegang Saham yang                             Shareholders    and/or      their   proxies representing
    mewakili 13.773.466.653 saham atau mewakili 92,26% dari                       13,773,466,653 shares, or 92.26% of all fully paid-up
    seluruh saham yang telah ditempatkan dan disetor penuh                        shares in the Company
    dalam Perseroan


2. Anggota Dewan Komisaris dan Direksi                                        2. Members of the Board of Commissioners and the Board
                                                                                 of Directors
   ›   Komisaris: Warit Jintanawan (bertindak sebagai Ketua                      › Commissioner: Warit Jintanawan (acting as Chairman of
       Rapat yang memimpin jalannya RUPST)                                          the Meeting presiding over the AGMS)
   ›   Direktur Independen : Gunarso                                             › Independent Director: Gunarso



                                                                                                  PT Keramika Indonesia Assosiasi Tbk
                                                                                             2025 Annual Report & Sustainability Report                 85
Page 88
3. Pihak Independen                                             3. Independent Parties
   › Notaris: Sri Hidianingsih Adi Sugijanto, S.H.                 › Notary: Sri Hidianingsih Adi Sugijanto, S.H.
   › Kantor Akuntan Publik: Siddharta Widjaja dan Rekan            › Public Accounting Firm: Siddharta Widjaja & Partners
   › Biro Administrasi Efek: PT Adimitra Jasa Korpora              › Securities Administration Bureau: PT Adimitra Jasa
                                                                      Korpora
   ›   Kustodian: PT Kustodian Sentral Efek Indonesia (KSEI)       › Custodian: PT Kustodian Sentral Efek Indonesia (KSEI)

Mekanisme Pengambilan Keputusan                                 Decision-Making Mechanism
Mekanisme pengambilan keputusan dalam RUPS Tahunan              The decision-making mechanism at the Annual GMS is
pada dasarnya dilakukan melalui musyawarah untuk mufakat.       fundamentally based on consensus through deliberation.
Apabila kesepakatan tidak tercapai, keputusan tetap sah         If consensus cannot be reached, a decision remains valid if
apabila disetujui oleh lebih dari setengah bagian dari jumlah   approved by more than half of the total voting shares present
saham dengan hak suara yang hadir atau diwakili.                or represented.


Setiap satu lembar saham memberikan satu hak suara,             Each share entitles its holder to one voting right; therefore, the
sehingga jumlah suara yang dimiliki seorang pemegang saham      number of votes held by a shareholder is proportional to the
sebanding dengan jumlah saham yang dimilikinya. Prinsip         number of shares owned. The “one share, one vote” principle
satu saham satu suara (one share one vote) menjadi landasan     serves as the fundamental basis for decision-making, ensuring
utama pengambilan keputusan, memastikan kepentingan             that shareholders’ interests are reflected in a proportionate
pemegang saham tercermin secara proporsional. Hak suara         manner. Voting rights may be exercised either directly during
dapat disampaikan secara langsung dalam rapat maupun            the meeting or through the electronic system eASY.KSEI
melalui sistem elektronik eASY.KSEI yang disediakan oleh        provided by PT Kustodian Sentral Efek Indonesia, thereby
PT Kustodian Sentral Efek Indonesia, sehingga proses            ensuring that the decision-making process is conducted in
pengambilan keputusan berlangsung transparan, akuntabel,        a transparent, accountable manner and in line with good
dan sesuai dengan praktik tata kelola perusahaan yang baik.     corporate governance practices.


Seluruh keputusan atas mata acara pertama hingga kelima dalam   All resolutions for the first through fifth agenda items of the
RUPST 2025 disetujui secara musyawarah untuk mufakat, dengan    2025 AGMS were unanimously approved by consensus, with a
jumlah suara bulat sebanyak 13.773.466.653 suara, mewakili      total of 13,773,466,653 votes, representing 100% of all valid
100% dari seluruh saham dengan hak suara sah yang hadir.        voting shares present.


Mata Acara dan Keputusan RUPS Tahunan 2025, serta               Agenda Items and Resolutions of the 2025 AGMS, and
Realisasinya                                                    Their Implementation
                    RUPS Tahunan 2025                                                 2025 Annual GMS

Mata Acara Pertama                                              First Agenda

Persetujuan dan pengesahan atas laporan Direksi dan             Approval and ratification of the Board of Directors’ report
laporan Dewan Komisaris sehubungan dengan kegiatan              and the Board of Commissioners’ report in relation to the
yang dilakukan Perseroan dan hasil-hasil yang telah dicapai     Company’s activities and performance achieved for the
selama tahun buku yang berakhir pada tanggal 31 Desember        financial year ended December 31, 2024, and the granting of
2024 dan selanjutnya memberikan pembebasan tanggung             full release and discharge (acquit et decharge) to the members
jawab sepenuhnya (acquit et decharge) kepada Direksi dan        of the Board of Directors and the Board of Commissioners for
Dewan Komisaris Perseroan atas tindakan pengurusan              the management and supervisory actions carried out during
dan pengawasan yang mereka lakukan selama tahun buku            the said financial year.
bersangkutan.

Keputusan                                                       Resolutions

Memberikan persetujuan dan mengesahkan laporan Direksi          To approve and ratify the Board of Directors’ report and the
dan laporan Dewan Komisaris sehubungan dengan kegiatan          Board of Commissioners’ report in respect of the Company’s
yang dilakukan Perseroan dan hasil-hasil yang telah dicapai     activities and performance achieved for the financial year
selama tahun buku yang berakhir pada tanggal 31 Desember        ended December 31, 2024, and subsequently to grant full
2024 dan selanjutnya memberikan pembebasan tanggung             release and discharge (acquit et décharge) to the members
jawab sepenuhnya (acquit et decharge) kepada Direksi dan        of the Board of Directors and the Board of Commissioners for
Dewan Komisaris Perseroan atas tindakan pengurusan dan          the management and supervisory actions carried out during
pengawasan yang mereka lakukan selama tahun buku yang           the said financial year.
bersangkutan.

Tahun Realisasi                                                 Year of Realization

Terealisasi pada tahun 2025                                     Realized in 2025



             PT Keramika Indonesia Assosiasi Tbk
86           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 89
     Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                    Analisis dan Diskusi Manajemen
 Laporan Manajemen | Management Report                                                             Laporan Keberlanjutan | Sustainability Report
                                                 Management Discussion and Analysis




                          RUPS Tahunan 2025                                                         2025 Annual GMS

Mata Acara Kedua                                                          Second Agenda

Persetujuan dan pengesahan atas Neraca dan perhitungan                    Approval and ratification of the Balance Sheet and Profit
Laba Rugi (atau disebut sebagai Laporan Keuangan) untuk                   and Loss Statement (hereinafter referred to as the Financial
tahun buku Perseroan yang berakhir pada tanggal 31                        Statements) for the Company’s financial year ended
Desember 2024 yang telah diperiksa oleh Akuntan Publik.                   December 31, 2024, which have been audited by a Public
                                                                          Accountant.

Keputusan                                                                 Resolutions

Memberikan persetujuan dan mengesahkan Neraca dan                         To approve and ratify the Balance Sheet and Profit and
perhitungan Laba Rugi (atau disebut sebagai Laporan                       Loss Statement (hereinafter referred to as the Financial
Keuangan) untuk tahun buku Perseroan yang berakhir pada                   Statements) for the Company’s financial year ended
tanggal 31 Desember 2024 yang telah diperiksa oleh Akuntan                December 31, 2024, which have been audited by a Public
Publik.                                                                   Accountant.

Tahun Realisasi                                                           Year of Realization

Terealisasi pada tahun 2025                                               Realized in 2025

Mata Acara Ketiga                                                         Third Agenda

Persetujuan atas penggunaan Laba Bersih yang diperoleh                    Approval of the appropriation of the Company’s net profit for
Perseroan untuk tahun buku 2024.                                          the financial year 2024.

Keputusan                                                                 Resolutions

Memberikan persetujuan untuk tahun buku 2024 untuk tidak                  To approve that for the financial year 2024, no appropriation
melakukan penyisihan laba dan tidak membagikan dividen                    of profit shall be made and no dividend shall be distributed to
kepada para pemegang saham Perseroan.                                     the Company’s shareholders.

Tahun Realisasi                                                           Year of Realization

Terealisasi pada tahun 2025                                               Realized in 2025

Mata Acara Keempat                                                        Fourth Agenda

Persetujuan atas penetapan gaji Direksi serta honorarium                  Approval of the determination of the remuneration of the
Dewan Komisaris Perseroan.                                                Board of Directors and the honorarium of the Board of
                                                                          Commissioners of the Company.

Keputusan                                                                 Resolutions

1.    Dengan memperhatikan saran dan usulan yang diberikan                1. Taking into account the recommendations and proposals
      oleh Komite Nominasi dan Remunerasi Perseroan, dengan                  of the Company’s Nomination and Remuneration
      ini menyetujui penetapan honorarium serta tunjangan                    Committee, hereby approves the determination of the
      lainnya bagi Dewan Komisaris secara keseluruhan untuk                  honorarium and other allowances for the Board of
      tahun buku 2025 sebesar Rp600.000.000 (enam ratus                      Commissioners as a whole for the financial year 2025
      juta rupiah);                                                          in the amount of Rp600,000,000 (six hundred million
                                                                             Rupiah);
2. Memberikan kuasa dan wewenang kepada Dewan                             2. To grant authority and power to the Board of
   Komisaris untuk menentukan besarnya gaji dan tunjangan                    Commissioners to determine the salaries and other
   lainnya bagi anggota Direksi pada tahun buku 2025,                        benefits of the members of the Board of Directors
   dengan memperhatikan saran dan usulan dari Komite                         for the financial year 2025, taking into account the
   Nominasi dan Remunerasi Perseroan.                                        recommendations and proposals of the Company’s
                                                                             Nomination and Remuneration Committee.

Tahun Realisasi                                                           Year of Realization

Terealisasi pada tahun 2025                                               Realized in 2025




                                                                                             PT Keramika Indonesia Assosiasi Tbk
                                                                                        2025 Annual Report & Sustainability Report                 87
Page 90
                    RUPS Tahunan 2025                                                     2025 Annual GMS

Mata Acara Kelima                                                   Fifth Agenda

Persetujuan atas penunjukan Kantor Akuntan Publik yang              Approval of the appointment of a Public Accounting Firm to
akan mengaudit laporan keuangan Perseroan untuk tahun               audit the Company’s financial statements for the financial
buku yang berakhir pada tanggal 31 Desember 2025 serta              year ended December 31, 2025, and the determination of the
untuk menentukan honorarium Akuntan Publik.                         Public Accountant’s remuneration.

Keputusan                                                           Resolutions

1. Menyetujui penunjukan Akuntan Publik Andreas Haryono             1. To approve the appointment of Public Accountant
   Tjahyadi dari Kantor Akuntan Publik Independen                      Andreas Haryono Tjahyadi from Public Accounting
   Siddharta Widjaja & Rekan sebagaimana diajukan oleh                 Firm Siddharta Widjaja & Rekan, as proposed by the
   Dewan Komisaris dengan memperhatikan rekomendasi                    Board of Commissioners and taking into account the
   dari Komite Audit Perseroan untuk memeriksa Laporan                 recommendations of the Company’s Audit Committee,
   Keuangan Perseroan untuk tahun buku yang berakhir                   to audit the Company’s Financial Statements for the
   pada tanggal 31 Desember 2025.                                      financial year ended December 31, 2025.
2. Memberikan kuasa dan wewenang kepada Dewan                       2. To grant authority and power to the Board of
   Komisaris Perseroan untuk menetapkan honorarium dan                 Commissioners to determine the remuneration and other
   persyaratan lainnya sehubungan dengan penunjukan dan                terms and conditions in relation to the appointment of the
   pengangkatan Akuntan Publik tersebut sesuai dengan                  said Public Accountant, in accordance with applicable
   ketentuan yang berlaku.                                             regulations.

Tahun Realisasi                                                     Year of Realization

Terealisasi pada tahun 2025                                         Realized in 2025


Rapat Umum Pemegang Saham Tahunan 2024                          Annual General Meeting of Shareholders 2024

Penyelenggaraan RUPS Tahun 2024                                 Implementation of the 2024 Annual GMS
Untuk membahas kinerja Perseroan pada Tahun Buku 2023,          To discuss the Company’s performance for the 2023 Financial
Perseroan telah menyelenggarakan RUPS Tahunan 2024 pada         Year, the Company held its 2024 Annual GMS (AGMS) on June
tanggal 20 Juni 2024 di Graha Mobisel, Lantai 3 (Meeting Room   20, 2024, at Graha Mobisel, 3rd Floor (Meeting Room 301), Jalan
301), Jalan Buncit Raya No. 139, Kalibata, Pancoran, Jakarta    Buncit Raya No. 139, Kalibata, Pancoran, South Jakarta.
Selatan.


Rapat tersebut dihadiri oleh Pemegang Saham dan/atau            The meeting was attended by shareholders and/or their proxies
kuasa Pemegang Saham yang mewakili 13.741.668.553               representing 13,741,668,553 shares or 92.05% of the total
saham atau setara dengan 92,05% dari seluruh saham yang         issued and fully paid-up shares of the Company. The meeting
telah ditempatkan dan disetor penuh dalam Perseroan. Rapat      was chaired by Boonyarit Jaiya, President Director of the
dipimpin oleh Ketua Rapat, Boonyarit Jaiya, selaku Direktur     Company. The attending member of the Board of Directors was
Utama Perseroan. Anggota Direksi yang hadir adalah Gunarso,     Gunarso, Independent Director. In addition, the Company also
Direktur Independen. Selain itu, Perseroan juga mengundang      invited independent parties, namely:
pihak independen, yaitu:
› Notaris Sri Hidianingsih Adi Sugijanto                        ›        Notary: Sri Hidianingsih Adi Sugijanto
› Biro Administrasi Efek: Adimitra Jasa Korpora                 ›        Share Registrar: Adimitra Jasa Korpora
› Kantor Akuntan Publik: Siddharta Widjaja & Rekan (KPMG)       ›        Public Accounting Firm: Siddharta Widjaja & Rekan (KPMG)


RUPS Tahunan 2024 membahas 5 (lima) mata acara, yaitu:          The 2024 AGMS discussed five (5) agenda items, as follows:
1. Persetujuan dan pengesahan atas laporan Direksi dan          1. Approval and ratification of the Board of Directors’ report
   laporan Dewan Komisaris sehubungan dengan kegiatan              and the Board of Commissioners’ report in respect of
   yang dilakukan Perseroan dan hasil-hasil yang telah             the Company’s activities and performance achieved for
   dicapai selama tahun buku yang berakhir pada tanggal 31         the financial year ended December 31, 2023, and the
   Desember 2023 dan selanjutnya memberikan pembebasan             granting of full release and discharge (acquit et décharge)
   tanggung jawab sepenuhnya (acquit et decharge) kepada           to the members of the Board of Directors and the Board
   Direksi dan Dewan Komisaris Perseroan atas tindakan             of Commissioners for the management and supervisory
   pengurusan dan pengawasan yang mereka lakukan selama            actions carried out during the said financial year.
   tahun buku bersangkutan.




             PT Keramika Indonesia Assosiasi Tbk
88           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 91
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




2. Persetujuan dan pengesahan atas Neraca dan perhitungan              2. Approval and ratification of the Balance Sheet and
   Laba Rugi (atau disebut sebagai Laporan Keuangan) untuk                Profit and Loss Statement (hereinafter referred to as the
   tahun buku Perseroan yang berakhir pada tanggal 31                     Financial Statements) for the Company’s financial year
   Desember 2023 yang telah diperiksa oleh Akuntan Publik.                ended December 31, 2023, which have been audited by a
                                                                          Public Accountant.
3. Persetujuan atas penggunaan Laba Bersih yang diperoleh              3. Approval of the appropriation of the Company’s net profit
   Perseroan untuk tahun buku 2023.                                       for the financial year 2023.
4. Persetujuan atas penetapan gaji Direksi serta honorarium            4. Approval of the determination of the remuneration of the
   Dewan Komisaris Perseroan.                                             Board of Directors and the honorarium of the Board of
                                                                          Commissioners of the Company.
5. Persetujuan atas penunjukan Kantor Akuntan Publik yang              5. Approval of the appointment of a Public Accounting Firm to
   akan mengaudit laporan keuangan Perseroan untuk tahun                  audit the Company’s financial statements for the financial
   buku yang berakhir pada tanggal 31 Desember 2024 serta                 year ended December 31, 2024, and the determination of
   untuk menentukan honorarium Akuntan Publik.                            the Public Accountant’s remuneration.


Pada rapat tersebut para pemegang saham telah menetapkan               At the meeting, the shareholders resolved and approved each
keputusan untuk masing-masing mata acara tersebut.                     of the agenda items. As a follow-up, throughout 2024 the
Sebagai tindak lanjut, sepanjang tahun 2024 Perseroan telah            Company has fully implemented all resolutions adopted in the
sepenuhnya merealisasikan seluruh keputusan yang diambil               meeting.
dalam Rapat.


Keputusan RUPS Tahunan 2024 dan Realisasinya                           Resolutions of the 2024 Annual GMS and Their
                                                                       Implementation


                        RUPS Tahunan 2024                                                         2024 Annual GMS

Mata Acara Pertama                                                      First Agenda

Keputusan                                                               Resolutions

Memberikan persetujuan dan mengesahkan laporan Direksi                  To approve and ratify the reports of the Board of Directors
dan laporan Dewan Komisaris sehubungan dengan kegiatan                  and the Board of Commissioners regarding the Company’s
yang dilakukan Perseroan dan hasil-hasil yang telah dicapai             activities and the results achieved during the fiscal year
selama tahun buku yang berakhir pada tanggal 31 Desember                ending December 31, 2023, and subsequently granting full
2023 dan selanjutnya memberikan pembebasan tanggung                     discharge (acquit et decharge) to the Company’s Board of
jawab sepenuhnya (acquit et decharge) kepada Direksi dan                Directors and Board of Commissioners for the management
Dewan Komisaris Perseroan atas tindakan pengurusan dan                  and oversight actions they undertook during the relevant
pengawasan yang mereka lakukan selama tahun buku yang                   fiscal year.
bersangkutan.

Tahun Realisasi                                                         Year of Realization

2024                                                                    2024

Mata Acara Kedua                                                        Second Agenda

Keputusan                                                               Resolutions

Memberikan persetujuan dan mengesahkan Neraca dan                       To approve and adopt the Balance Sheet and Income Statement
perhitungan Laba Rugi (atau disebut sebagai Laporan                     (hereinafter referred to as the Financial Statements) for the
Keuangan) untuk tahun buku Perseroan yang berakhir pada                 Company’s fiscal year ending December 31, 2023, which have
tanggal 31 Desember 2023 yang telah diperiksa oleh Akuntan              been audited by a Certified Public Accountant.
Publik.

Tahun Realisasi                                                         Year of Realization

2024                                                                    2024




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report                 89
Page 92
                    RUPS Tahunan 2024                                              2024 Annual GMS

Mata Acara Ketiga                                            Third Agenda

Keputusan                                                    Resolutions

Memberikan persetujuan untuk tahun buku 2023 untuk tidak     Approve the 2023 fiscal year financial statements, which
melakukan penyisihan laba dan tidak membagikan dividen       do not include a profit allocation and do not provide for the
kepada para pemegang saham Perseroan.                        distribution of dividends to the Company’s shareholders.

Tahun Realisasi                                              Year of Realization

2024                                                         2024

Mata Acara Keempat                                           Fourth Agenda

Keputusan                                                    Resolutions

1.   Dengan memperhatikan saran dan usulan yang diberikan    1. Taking into account the recommendations and
     oleh Komite Nominasi dan Remunerasi Perseroan, dengan      proposals submitted by the Company’s Nomination
     ini menyetujui penetapan honorarium serta tunjangan        and Remuneration Committee, hereby approves the
     lainnya bagi Dewan Komisaris secara keseluruhan untuk      determination of honoraria and other allowances for the
     tahun buku 2024 sebesar Rp600.000.000 (enam ratus          Board of Commissioners as a whole for the 2024 fiscal
     juta Rupiah);                                              year in the amount of Rp600,000,000 (six hundred million
                                                                Rupiah);
2. Memberikan kuasa dan wewenang kepada Dewan                2. To grant power and authority to the Board of
   Komisaris untuk menentukan besarnya gaji dan tunjangan       Commissioners to determine the amount of salaries
   lainnya bagi anggota Direksi pada tahun buku 2024,           and other allowances for members of the Board of
   dengan memperhatikan saran dan usulan dari Komite            Directors for the 2024 fiscal year, taking into account
   Nominasi dan Remunerasi Perseroan.                           the recommendations and proposals from the Company’s
                                                                Nomination and Remuneration Committee.

Tahun Realisasi                                              Year of Realization

2024                                                         2024

Mata Acara Kelima                                            Fifth Agenda

Keputusan                                                    Resolutions

1. Menyetujui penunjukan Akuntan Publik Andreas Haryono      1. To approve the appointment of Public Accountant
   Tjahyadi dari Kantor Akuntan Publik Independen               Andreas Haryono Tjahyadi from the Independent Public
   Siddharta Widjaja & Rekan sebagaimana diajukan oleh          Accounting Firm Siddharta Widjaja & Partners, as
   Dewan Komisaris dengan memperhatikan rekomendasi             proposed by the Board of Commissioners and taking into
   dari Komite Audit Perseroan untuk memeriksa Laporan          account the recommendation of the Company’s Audit
   Keuangan Perseroan untuk tahun buku yang berakhir            Committee, to audit the Company’s Financial Statements
   pada tanggal 31 Desember 2024.                               for the fiscal year ending December 31, 2024.
2. Memberikan kuasa dan wewenang kepada Dewan                2. Granting power and authority to the Company’s Board of
   Komisaris Perseroan untuk menetapkan honorarium dan          Commissioners to determine the fees and other terms and
   persyaratan lainnya sehubungan dengan penunjukan dan         conditions regarding the appointment and engagement
   pengangkatan Akuntan Publik tersebut sesuai dengan           of said Public Accountant in accordance with applicable
   ketentuan yang berlaku.                                      regulations.

Tahun Realisasi                                              Year of Realization

2024                                                         2024




             PT Keramika Indonesia Assosiasi Tbk
90           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 93
   Ikhtisar Kinerja | Performance Highlights     Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                   Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                           Laporan Keberlanjutan | Sustainability Report
                                                Management Discussion and Analysis




Dewan Komisaris
Board of Commissioners


Sebagai salah satu organ utama Perseroan, Dewan Komisaris               As one of the Company’s principal bodies, the Board of
memiliki peran penting dalam mengawasi keseluruhan                      Commissioners plays a vital role in overseeing all operational
kegiatan operasional serta memastikan penerapan prinsip GCG.            activities and ensuring the implementation of GCG principles.
Anggota Dewan Komisaris dipilih, diangkat, dan diberhentikan            Members of the Board of Commissioners are selected,
oleh Pemegang Saham melalui mekanisme RUPS, sesuai                      appointed, and dismissed by the Shareholders through the
dengan ketentuan perundang-undangan dan Anggaran Dasar                  GMS, in accordance with applicable laws and regulations
Perseroan. Dengan fungsi pengawasan dan pemberian nasihat               and the Company’s Articles of Association. Through its
yang dijalankan secara independen, Dewan Komisaris menjadi              independent oversight and advisory functions, the Board
pilar utama dalam menjaga transparansi, akuntabilitas, dan              of Commissioners serves as a key pillar in maintaining
keberlanjutan kinerja Perseroan.                                        transparency, accountability, and the sustainability of the
                                                                        Company’s performance.


Piagam (Charter) Dewan Komisaris                                        Board of Commissioners Charter

Komitmen Perseroan terhadap penerapan prinsip GCG                       The Company’s commitment to implementing GCG
diwujudkan melalui penyusunan Piagam Dewan Komisaris                    principles is realized through the formulation of the Board of
sesuai dengan Peraturan OJK No. 33/POJK.04/2014 tentang                 Commissioners’ Charter in accordance with OJK Regulation
Direksi dan Dewan Komisaris Emiten atau Perusahaan Publik               No. 33/POJK.04/2014 on the Board of Directors and Board
(“POJK 33/2014”). Di Perseroan, Piagam Dewan Komisaris                  of Commissioners of Issuers or Public Companies (“POJK
dituangkan dalam Pedoman Kerja Dewan Komisaris (Charter                 33/2014”). At the Company, the Charter of the Board of
of Board of Commissioners) yang telah disetujui pada 2 Maret            Commissioners is set forth in the Board of Commissioners’
2020.                                                                   Work Guidelines (Charter of Board of Commissioners), which
                                                                        was approved on March 2, 2020.


Pedoman tersebut mengatur secara rinci aspek-aspek utama                These guidelines detail the key aspects of the Board of
pelaksanaan tugas Dewan Komisaris, meliputi komposisi                   Commissioners’ duties, including composition and membership,
dan keanggotaan, persyaratan, masa jabatan, tugas dan                   qualifications, term of office, duties and authorities, meeting
wewenang, tata cara rapat, nilai-nilai dasar, waktu dan lokasi          procedures, core values, working hours and location, as well
kerja, serta mekanisme pelaporan. Dengan adanya pedoman                 as reporting mechanisms. With these guidelines in place, the
ini, Dewan Komisaris memiliki arah kerja yang jelas dan                 Board of Commissioners has a clear and structured direction
terstruktur, sehingga fungsi pengawasan dapat dijalankan                for its work, ensuring that its oversight functions can be carried
secara konsisten, transparan, dan akuntabel.                            out consistently, transparently, and accountably.


Komposisi dan Masa Jabatan Dewan Komisaris                              Composition and Term of Office of the Board of
[IDX G-03]                                                              Commissioners [IDX G-03]

Sesuai dengan Charter Dewan Komisaris, jumlah anggota                   In accordance with the Board of Commissioners Charter, the
Dewan Komisaris paling sedikit terdiri dari 2 (dua) orang, yaitu        composition of the Board of Commissioners shall consist of at
1 (satu) Komisaris Utama dan 1 (satu) Komisaris atau Komisaris          least 2 (two) members, namely 1 (one) President Commissioner
Independen. Ketentuan tersebut telah memenuhi POJK                      and 1 (one) Commissioner or Independent Commissioner.
No. 33/2014. Penentuan komposisi Dewan Komisaris dilakukan              This provision is in compliance with POJK No. 33/2014. The
dengan memperhatikan keberagaman keahlian, pengetahuan,                 determination of the composition of the Board of Commissioners
dan pengalaman yang relevan dengan kebutuhan Perseroan.                 is carried out by taking into account the diversity of expertise,
                                                                        knowledge, and experience relevant to the Company’s needs.


Pada tahun 2025, komposisi Dewan Komisaris tidak mengalami              In 2025, the composition of the Board of Commissioners
perubahan, yaitu berjumlah 3 (tiga) orang. Adapun komposisi             remained unchanged, consisting of 3 (three) members. The
Dewan Komisaris adalah sebagai berikut:                                 composition of the Board of Commissioners is as follows:




                                                                                            PT Keramika Indonesia Assosiasi Tbk
                                                                                       2025 Annual Report & Sustainability Report                 91
Page 94
        Nama                    Jabatan                      Dasar Pengangkatan Periode Berjalan                    Masa Jabatan
        Name                    Position                    Basis of Appointment for the Current Term               Term of Office

Anuvat Chalermchai     Komisaris Utama             Keputusan Rapat Umum Pemegang Saham Tahunan (RUPST)                2021-2026
                       President Commissioner      tanggal 25 Agustus 2021
                                                   Resolutions of the Annual General Meeting of Shareholders
                                                   (AGMS) dated August 25, 2021

Warit Jintanawan       Komisaris                   Keputusan Rapat Umum Pemegang Saham Tahunan (RUPST)                2022-2026
                       Commissioner                tanggal 10 Juni 2022
                                                   Resolutions of the Annual General Meeting of Shareholders
                                                   (AGMS) dated June 10, 2022

Krisana                Komisaris Independen        Keputusan Rapat Umum Pemegang Saham Tahunan (RUPST)                2021-2026
Eamvorasombat          Independent                 tanggal 25 Agustus 2021
                       Commissioner                Resolutions of the Annual General Meeting of Shareholders
                                                   (AGMS) dated August 25, 2021


Anggota Dewan Komisaris diangkat oleh Rapat Umum                   Members of the Board of Commissioners are appointed by the
Pemegang Saham (RUPS) untuk masa jabatan hingga                    General Meeting of Shareholders (GMS) for a term of office
penutupan RUPS Tahunan ke-5 setelah pengangkatannya.               until the closing of the 5th (fifth) Annual GMS following their
RUPS memiliki hak untuk memberhentikan anggota Dewan               appointment. The GMS has the authority to dismiss members
Komisaris sewaktu-waktu dengan menyebutkan alasan yang             of the Board of Commissioners at any time, provided that clear
jelas. Komisaris Independen yang telah menjabat selama             reasons are stated. An Independent Commissioner who has
2 (dua) periode masa jabatan dapat diangkat kembali pada           served for 2 (two) consecutive terms may be reappointed for
periode berikutnya, sepanjang yang bersangkutan menyatakan         the subsequent term, provided that he or she declares his or
dirinya tetap independen kepada RUPS.                              her continued independence to the GMS.


Tugas dan Tanggung Jawab Dewan Komisaris                           Duties and Responsibilities of the Board of
                                                                   Commissioners

Dewan Komisaris mengemban tanggung jawab untuk                     The Board of Commissioners is entrusted with the responsibility
melakukan pengawasan terhadap kebijakan pengurusan                 of supervising the Company’s management policies
Perseroan yang dijalankan oleh Direksi, serta memberikan           implemented by the Board of Directors, as well as providing
nasihat kepada Direksi apabila diperlukan. Ketentuan mengenai      advice to the Board of Directors when deemed necessary.
lingkup tugas dan tanggung jawab Dewan Komisaris secara            Provisions regarding the scope of duties and responsibilities
kolegial diatur dalam Piagam Dewan Komisaris, dengan uraian        of the Board of Commissioners collectively are set forth in the
sebagai berikut:                                                   Board of Commissioners Charter, as outlined below:
1. Dewan Komisaris bertugas melakukan pengawasan dan               1. The Board of Commissioners is tasked with supervising and
    bertanggung jawab atas pengawasan terhadap kebijakan               is responsible for overseeing management policies and the
    pengurusan, jalannya pengurusan pada umumnya, baik                 overall conduct of management, both with respect to the
    mengenai Perseroan maupun usaha Perseroan dan                      Company and its business activities, and providing advice
    memberi nasihat kepada Direksi.                                    to the Board of Directors.
2. Dalam kondisi tertentu, Dewan Komisaris wajib                   2. Under certain conditions, the Board of Commissioners
    menyelenggarakan RUPS tahunan dan RUPS lainnya                     is required to convene the Annual General Meeting of
    sesuai dengan kewenangannya sebagaimana diatur dalam               Shareholders (AGMS) and other GMS in accordance
    peraturan perundang-undangan dan Anggaran Dasar.                   with its authority as stipulated in the prevailing laws and
                                                                       regulations and the Articles of Association.
3. Anggota Dewan Komisaris wajib melaksanakan tugas                3. Members of the Board of Commissioners are required to
   dan tanggung jawab dengan itikad baik, penuh tanggung               perform their duties and responsibilities in good faith, with
   jawab, dan kehati-hatian.                                           full responsibility, and with due care.
4. Dalam rangka mendukung efektivitas pelaksanaan                  4. In order to support the effective implementation of its
   tugas dan tanggung jawabnya, Dewan Komisaris wajib                  duties and responsibilities, the Board of Commissioners is
   membentuk Komite Audit dan dapat membentuk komite                   required to establish an Audit Committee and may establish
   lainnya.                                                            other committees as deemed necessary.
5. Dewan Komisaris wajib melakukan evaluasi terhadap               5. The Board of Commissioners is required to evaluate the
   kinerja komite yang membantu pelaksanaan tugas dan                  performance of committees that assist in carrying out its
   tanggung jawabnya setiap akhir tahun buku.                          duties and responsibilities at the end of each financial year.




             PT Keramika Indonesia Assosiasi Tbk
92           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 95
   Ikhtisar Kinerja | Performance Highlights               Profil Perusahaan | Company Profile             Tata Kelola Perusahaan | Corporate Governance
                                                             Analisis dan Diskusi Manajemen
 Laporan Manajemen | Management Report                                                                       Laporan Keberlanjutan | Sustainability Report
                                                          Management Discussion and Analysis




6. Setiap anggota Dewan Komisaris bertanggung jawab                                 6. Each member of the Board of Commissioners shall be
   secara tanggung renteng atas kerugian Perseroan yang                                jointly and severally liable for any losses incurred by the
   disebabkan oleh kesalahan atau kelalaian anggota Dewan                              Company due to errors or negligence in the performance
   Komisaris dalam menjalankan tugasnya.                                               of their duties.


Independensi Dewan Komisaris [IDX G-01]                                             Independence of the Board of Commissioners [IDX
                                                                                    G-01]


Perseroan berkomitmen menjaga independensi Dewan                                    The Company is committed to maintaining the independence
Komisaris agar setiap pelaksanaan tugas dan tanggung jawab                          of the Board of Commissioners to ensure that all duties and
dilakukan secara objektif, tanpa benturan kepentingan, dan                          responsibilities are carried out objectively, without conflicts of
tanpa pengaruh dari pihak mana pun.                                                 interest, and free from any undue influence from any party.


Rapat Internal Dewan Komisaris                                                      Internal Meetings of the Board of Commissioners

Kebijakan Rapat                                                                     Meeting Policy
Sebagai bagian dari pelaksanaan fungsi pengawasan, Dewan                            As part of its supervisory function, the Board of Commissioners
Komisaris wajib menyelenggarakan rapat secara berkala,                              is required to convene meetings on a regular basis, at least once
sekurang-kurangnya satu kali dalam setiap dua bulan.                                every two months. Meetings of the Board of Commissioners are
Rapat Dewan Komisaris dinyatakan sah apabila dihadiri oleh                          deemed valid if attended by a majority of its members.
mayoritas anggota Dewan Komisaris.


Rapat dipimpin oleh Komisaris Utama, dan apabila Komisaris                          Meetings are chaired by the President Commissioner. In the
Utama berhalangan hadir, kepemimpinan rapat dialihkan                               absence of the President Commissioner, the meeting shall
kepada salah seorang anggota Dewan Komisaris yang hadir.                            be chaired by one of the attending members of the Board
Dalam pelaksanaannya, seorang anggota Dewan Komisaris                               of Commissioners. In practice, a member of the Board of
dapat mewakili anggota lainnya hanya berdasarkan surat                              Commissioners may represent another member solely based
kuasa.                                                                              on a valid power of attorney.


Frekuensi Rapat dan Tingkat Kehadiran Tahun                                         Meeting Frequency and Attendance Rate in 2025
2025 [IDX G-02]                                                                     [IDX G-02]


Sepanjang tahun 2025, Dewan Komisaris telah melaksanakan                            Throughout 2025, the Board of Commissioners held 6 (six)
rapat internal sebanyak 6 (enam) kali. Tingkat kehadiran                            internal meetings. The attendance rate of each member of the
masing-masing anggota Dewan Komisaris dapat dilihat pada                            Board of Commissioners is presented in the following table:
tabel berikut:


     Peserta Rapat                             Jabatan                  Jumlah Rapat             Jumlah Kehadiran       Persentase Tingkat Kehadiran
   Meeting Participants                        Position                   Number of                 Attendance                Attendance Rate
                                                                          Meetings

Anuvat Chalermchai               Komisaris Utama                                6                        6                              100%
                                 President Commissioner

Warit Jintanawan                 Komisaris                                      6                        6                              100%
                                 Commissioner

Krisana Eamvorasombat            Komisaris Independen                           6                        6                              100%
                                 Independent Commissioner


Rapat Gabungan Dewan Komisaris Bersama                                              Joint Meeting of the Board of Commissioners and
Direksi                                                                             the Board of Directors

Kebijakan Rapat                                                                     Meeting Policy
Dewan Komisaris menyelenggarakan rapat bersama Direksi                              The Board of Commissioners holds joint meetings with the
secara berkala, sekurang-kurangnya satu kali dalam setiap                           Board of Directors on a regular basis, at least once every four
empat bulan. Rapat gabungan ini berfungsi sebagai forum                             months. These joint meetings serve as an important forum for
penting untuk membahas kinerja perusahaan, merumuskan                               discussing the company’s performance, formulating strategies,
strategi, serta menetapkan langkah pengawasan yang                                  and establishing joint oversight measures.
dilakukan secara bersama.
                                                                                                       PT Keramika Indonesia Assosiasi Tbk
                                                                                                  2025 Annual Report & Sustainability Report                 93
Page 96
Selain rapat berkala, Dewan Komisaris dan Direksi juga dapat               In addition to regular meetings, the Board of Commissioners
mengadakan rapat sewaktu-waktu sesuai kebutuhan, yang                      and the Board of Directors may also hold meetings at any
dilaksanakan dengan mengacu pada ketentuan yang berlaku.                   time as needed, conducted in accordance with applicable
                                                                           regulations.


Frekuensi Rapat dan Tingkat Kehadiran Tahun 2025                           Meeting Frequency and Attendance Rate for 2025 [IDX
[IDX G-02]                                                                 G-02]
Sepanjang tahun 2025, rapat gabungan Dewan Komisaris                       Throughout 2025, joint meetings of the Board of Commissioners
bersama Direksi telah dilaksanakan sebanyak 3 kali. Tingkat                and the Board of Directors were held three times. The
kehadiran masing-masing anggota dapat dilihat pada tabel                   attendance rates of each member are shown in the following
berikut:                                                                   table:


     Peserta Rapat                     Jabatan                Jumlah Rapat          Jumlah Kehadiran      Persentase Tingkat Kehadiran
   Meeting Participants                Position                 Number of              Attendance               Attendance Rate
                                                                Meetings

Anuvat Chalermchai          Komisaris Utama                            3                    3                        100%
                            President Commissioner

Warit Jintanawan            Komisaris                                  3                    3                        100%
                            Commissioner

Krisana Eamvorasombat       Komisaris Independen                       3                    3                        100%
                            Independent Commissioner

Boonyarit Jaiya             Direktur Utama                             3                    3                        100%
                            President Director

Susalak Khiew-Orn           Direktur                                   3                    3                        100%
                            Director

Gunarso                     Direktur Independen                        3                    3                        100%
                            Independent Director



Kehadiran Dewan Komisaris dan Direksi pada Rapat                           Attendance of the Board of Commissioners and
Umum Pemegang Saham Tahunan 2025                                           the Board of Directors at the 2025 Annual General
                                                                           Meeting of Shareholders
Dalam RUPS Tahunan Perseroan yang dilaksanakan pada 20                     At the Company’s Annual GMS held on June 20, 2025,
Juni 2025, hadir perwakilan anggota Dewan Komisaris dan                    representatives of the Board of Commissioners and the Board
Direksi. Sebagian anggota berhalangan dengan alasan yang                   of Directors were present. Some members were unable to
diperkenankan regulasi. Kehadiran masing-masing anggota                    attend for reasons permitted by regulation. The attendance of
dijelaskan pada tabel berikut:                                             each member is detailed in the following table:


               Peserta Rapat                                      Jabatan                        Kehadiran pada RUPS Tahunan 2025
             Meeting Participants                                 Position                                Attendance at the
                                                                                                         2025 Annual GMS

Anuvat Chalermchai                                Komisaris Utama                                Tidak Hadir
                                                  President Commissioner                         Absent

Warit Jintanawan                                  Komisaris                                      Hadir
                                                  Commissioner                                   Attend

Krisana Eamvorasombat                             Komisaris Independen                           Tidak Hadir
                                                  Independent Commissioner                       Absent

Boonyarit Jaiya                                   Direktur Utama                                 Tidak Hadir
                                                  President Director                             Absent

Susalak Khiew-Orn                                 Direktur                                       Tidak Hadir
                                                  Director                                       Absent

Gunarso                                           Direktur Independen                            Hadir
                                                  Independent Director                           Attend




             PT Keramika Indonesia Assosiasi Tbk
94           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 97
   Ikhtisar Kinerja | Performance Highlights        Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                      Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                              Laporan Keberlanjutan | Sustainability Report
                                                   Management Discussion and Analysis




Program Orientasi Dewan Komisaris                                          Board of Commissioners Orientation Program

Program orientasi Dewan Komisaris Perseroan dilaksanakan                   The Company’s Board of Commissioners orientation program is
sejak sebelum pengangkatan. Calon anggota Dewan                            conducted prior to appointment. Prospective members of the
Komisaris mengikuti kegiatan orientasi dengan mendampingi                  Board of Commissioners participate in orientation activities by
pelaksanaan tugas Dewan Komisaris yang sedang menjabat,                    accompanying the incumbent Board of Commissioners in the
untuk memberikan pengenalan secara komprehensif                            performance of their duties, in order to gain a comprehensive
mengenai tugas, tanggung jawab, dan kewenangan Dewan                       understanding of the roles, responsibilities, and authorities of
Komisaris, serta menyampaikan informasi mengenai kondisi                   the Board of Commissioners, as well as to obtain information
umum Perseroan. Anggota Dewan Komisaris yang menjabat                      regarding the general condition of the Company. Members of
pada tahun 2025 telah melalui masa pengenalan (orientasi)                  the Board of Commissioners serving in 2025 have undergone
tersebut.                                                                  such orientation program.


Pelatihan dan Pengembangan                         Kompetensi              Training and Competency Development of the
Dewan Komisaris [IDX G-05]                                                 Board of Commissioners [IDX G-05]

Komitmen Perseroan dalam membangun sumber daya                             The Company’s commitment to building superior and
manusia yang unggul dan kompetitif diwujudkan melalui                      competitive human resources is realized through competency
kebijakan pengembangan kompetensi di seluruh tingkatan                     development policies at all levels of the organization. As part
organisasi. Sebagai bagian dari komitmen tersebut, Perseroan               of this commitment, the Company organizes development
menyelenggarakan program pengembangan dan peningkatan                      and capability enhancement programs for the Board of
kapabilitas bagi Dewan Komisaris, yang dilaksanakan sesuai                 Commissioners, implemented in accordance with the annual
dengan rencana kerja tahunan.                                              work plan.


Sepanjang tahun 2025, Dewan Komisaris telah berpartisipasi                 Throughout 2025, the Board of Commissioners participated in
dalam berbagai kegiatan pelatihan dan pengembangan                         various training and competency development activities. These
kompetensi. Kegiatan tersebut ditampilkan pada tabel berikut:              activities are presented in the following table:


           Nama                         Jabatan                          Judul Kegiatan                                  Penyelenggara
           Name                         Position                           Event Title                                     Organizer

Warit Jintanawan                Komisaris              Advance Management Program                               Harvard Business School
                                Commissioner

Krisana Eamvorasombat           Komisaris              The Board’s Role in Mergers & Acquisition                Thai Institute of Directors
                                Independen             (BMA)
                                Independent
                                Commissioner           FTSE Russell ESG Scores                                  Stock Exchange of Thailand

                                                       Biodiversity Why Business Must Act                       Thai Listed Companies
                                                                                                                Association

Penilaian Dewan Komisaris terhadap Kinerja                                 Assessment of the Board of Commissioners on
Komite Pendukung                                                           the Performance of Supporting Committees

Dalam menjalankan fungsi pengawasan dan memastikan                         In carrying out its supervisory function and ensuring
tata kelola perusahaan berjalan efektif, Dewan Komisaris                   the effectiveness of corporate governance, the Board of
memperoleh dukungan dari dua komite pendukung yang                         Commissioners is supported by two strategic committees.
memiliki peran strategis. Komite Audit membantu Dewan                      The Audit Committee assists the Board of Commissioners in
Komisaris dalam mengawasi proses pelaporan keuangan,                       overseeing financial reporting processes, regulatory compliance,
kepatuhan terhadap peraturan, serta efektivitas sistem                     and the effectiveness of the internal control system. Meanwhile,
pengendalian internal. Sementara itu, Komite Nominasi dan                  the Nomination and Remuneration Committee is responsible
Remunerasi bertanggung jawab memberikan rekomendasi                        for providing recommendations regarding the appointment
terkait penunjukan anggota Dewan Komisaris dan Direksi                     of members of the Board of Commissioners and the Board of
serta kebijakan remunerasi yang adil dan kompetitif. Penilaian             Directors, as well as fair and competitive remuneration policies.
terhadap kinerja komite pendukung dilakukan oleh Dewan                     The performance assessment of the supporting committees
Komisaris secara sistematis dengan mengacu pada regulasi                   is conducted by the Board of Commissioners in a systematic
yang berlaku serta kebijakan SCG Group sebagai perusahaan                  manner, with reference to applicable regulations and SCG Group
induk.                                                                     policies as the parent company.



                                                                                               PT Keramika Indonesia Assosiasi Tbk
                                                                                          2025 Annual Report & Sustainability Report                 95
Page 98
Prosedur dan Kriteria Penilaian Kinerja                          Performance         Assessment          Procedures         and
                                                                 Criteria

Prosedur penilaian kinerja komite dilaksanakan dalam             The committee performance assessment procedure is carried
beberapa tahapan, mulai dari penilaian terhadap perumusan        out in several stages, starting from the evaluation of work
program kerja, pelaksanaan tugas dan tanggung jawab,             program formulation, execution of duties and responsibilities,
penyampaian laporan dan rekomendasi kepada Dewan                 submission of reports and recommendations to the Board of
Komisaris, pembahasan hasil laporan dalam forum resmi            Commissioners, discussion of report findings in formal Board
Dewan Komisaris, peninjauan atas efektivitas pelaksanaan         of Commissioners meetings, review of the effectiveness of
tugas komite, serta penetapan hasil penilaian berdasarkan        committee functions, and determination of assessment results
mekanisme yang telah ditentukan.                                 based on established mechanisms.


Kriteria penilaian kinerja komite ditetapkan sebagai dasar       The committee performance assessment criteria are
pengukuran efektivitas dan kontribusi komite dalam               established as the basis for measuring the effectiveness
mendukung fungsi pengawasan Dewan Komisaris. Aspek               and contribution of the committees in supporting the
kriteria penilaian meliputi pencapaian target kerja komite,      supervisory function of the Board of Commissioners. The
efektivitas pelaksanaan tugas dan tanggung jawab, kualitas       assessment criteria include the achievement of committee
rekomendasi yang disampaikan kepada Dewan Komisaris,             work targets, effectiveness of duty implementation, quality of
kepatuhan terhadap ketentuan peraturan perundang-                recommendations submitted to the Board of Commissioners,
undangan dan kebijakan internal, kontribusi aktif dalam rapat,   compliance with applicable laws and regulations and
tingkat kolaborasi antar komite, ketepatan waktu penyampaian     internal policies, active contribution in meetings, level of
laporan, serta relevansi rekomendasi terhadap kebutuhan          inter-committee collaboration, timeliness of reporting, and
pengambilan keputusan strategis.                                 relevance of recommendations to strategic decision-making
                                                                 needs.


Hasil Penilaian Kinerja Tahun 2025                               2025 Performance Assessment Results

Pada tahun 2025, Dewan Komisaris telah melakukan penilaian       In 2025, the Board of Commissioners conducted an evaluation
terhadap kinerja Komite Audit dan Komite Nominasi dan            of the performance of the Audit Committee and the Nomination
Remunerasi. Penilaian menunjukkan bahwa kedua komite             and Remuneration Committee. The assessment indicated
telah melaksanakan peran strategisnya sesuai mandat Piagam       that both committees had performed their strategic roles in
Komite dan kebutuhan pengawasan perusahaan.                      accordance with their respective Committee Charters and the
                                                                 Company’s supervisory needs.


Komite Audit dinilai berhasil memberikan rekomendasi terkait     The Audit Committee was assessed as having successfully
penguatan sistem pengendalian internal dan peningkatan           provided recommendations related to strengthening the
kepatuhan terhadap regulasi, termasuk standar pelaporan          internal control system and improving regulatory compliance,
keuangan. Selain itu, Komite Audit turut berperan dalam          including financial reporting standards. In addition, the Audit
proses penunjukan Kantor Akuntan Publik serta pengawasan         Committee also played a role in the appointment process of
atas pelaksanaan audit dan pelaporan keuangan.                   the Public Accounting Firm, as well as in overseeing audit
                                                                 execution and financial reporting activities.


Kinerja Komite Nominasi dan Remunerasi dinilai efektif dan       The performance of the Nomination and Remuneration
sesuai dengan tugas serta tanggung jawab yang ditetapkan.        Committee was assessed as effective and in accordance
Komite ini mendukung Dewan Komisaris dengan memberikan           with its assigned duties and responsibilities. The Committee
usulan remunerasi bagi Dewan Komisaris dan Direksi, serta        supported the Board of Commissioners by providing
menyiapkan kebijakan nominasi sesuai ketentuan yang berlaku.     remuneration proposals for the Board of Commissioners and
                                                                 the Board of Directors, as well as preparing nomination policies
                                                                 in accordance with applicable regulations.




             PT Keramika Indonesia Assosiasi Tbk
96           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 99
   Ikhtisar Kinerja | Performance Highlights     Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                   Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                           Laporan Keberlanjutan | Sustainability Report
                                                Management Discussion and Analysis




Direksi
Board of Directors


Direksi menjalankan fungsi manajemen operasional Perseroan              The Board of Directors carries out the Company’s operational
dengan menitikberatkan pada pencapaian kinerja dan                      management function with an emphasis on performance
keberlanjutan usaha. Peran Direksi mencakup pengelolaan                 achievement and business sustainability. The role of the Board
kegiatan operasional, pengambilan keputusan bisnis, serta               of Directors includes managing operational activities, making
penetapan arah strategis yang mendukung visi dan misi                   business decisions, and determining strategic directions
perusahaan. Dalam praktiknya, Direksi memastikan setiap                 that support the Company’s vision and mission. In practice,
kebijakan yang ditetapkan dapat diterapkan ke dalam program             the Board of Directors ensures that every policy established
kerja yang efektif, selaras dengan dinamika industri, dan sesuai        can be translated into effective work programs, aligned with
dengan prinsip tata kelola yang baik. Direksi berupaya menjaga          industry dynamics, and in accordance with good corporate
stabilitas operasional sekaligus mendorong pertumbuhan                  governance principles. The Board of Directors strives to
berkelanjutan, sehingga Perseroan mampu memberikan                      maintain operational stability while driving sustainable growth,
nilai tambah bagi pemegang saham dan seluruh pemangku                   enabling the Company to deliver added value to shareholders
kepentingan.                                                            and all stakeholders.


Piagam (Charter) Direksi                                                Board of Directors Charter

Pelaksanaan tugas Direksi senantiasa berlandaskan Piagam                The execution of the duties of the Board of Directors is
Direksi sebagai pedoman kerja yang memastikan setiap                    consistently guided by the Board of Directors Charter
wewenang dan tanggung jawab dijalankan secara konsisten,                as a working reference to ensure that all authorities and
transparan, dan sesuai peraturan yang berlaku.                          responsibilities are carried out in a consistent, transparent
                                                                        manner and in compliance with applicable regulations.


Piagam Direksi Perseroan disusun dengan mengacu pada                    The Company’s Board of Directors Charter is prepared with
POJK No. 33/2014 dan dituangkan dalam Pedoman Kerja                     reference to POJK No. 33/2014 and set forth in the Board of
Direksi (Charter of Board of Directors) yang ditandatangani             Directors Working Guidelines (Charter of the Board of Directors),
pada 2 Maret 2020. Pedoman ini memuat ketentuan mengenai                which was signed on March 2, 2020. This guideline stipulates
pelaksanaan tugas Direksi, mekanisme rapat, proses                      provisions regarding the execution of the Board of Directors’
pengambilan keputusan, serta hubungan kerja dengan Dewan                duties, meeting mechanisms, decision-making processes,
Komisaris, sehingga menjadi landasan bagi Direksi dalam                 and working relationships with the Board of Commissioners,
mengelola perusahaan secara efektif dan akuntabel.                      thereby serving as the foundation for the Board of Directors to
                                                                        manage the Company effectively and accountably.


Komposisi dan Masa Jabatan Direksi [IDX G-03]                           Composition and Term of Office of the Board of
                                                                        Directors [IDX G-03]

Per 31 Desember 2025, Perseroan memiliki komposisi Direksi              As of December 31, 2025, the Company’s Board of Directors
sebanyak tiga orang. Jumlah tersebut telah memenuhi                     consists of three members. This number complies with the
ketentuan dalam POJK No. 33/2014, yang mensyaratkan                     provisions of POJK No. 33/2014, which requires a minimum
keberadaan sekurang-kurangnya dua anggota Direksi, dengan               of two members of the Board of Directors, with one of them
satu di antaranya menjabat sebagai Direktur Utama.                      serving as President Director.


Penentuan komposisi anggota Direksi memperhatikan,                      The determination of the composition of the Board of Directors
keberagaman keahlian, pengetahuan, dan pengalaman yang                  takes into account the diversity of expertise, knowledge, and
dibutuhkan. Dengan tiga anggota Direksi, pembagian tugas                experience required. With three members of the Board of
dapat dilakukan secara lebih terarah sehingga mendukung                 Directors, the division of responsibilities can be carried out
efektivitas pengambilan keputusan dan kelancaran operasional            in a more structured manner, thereby supporting effective
Perseroan. Adapun komposisi Direksi per 31 Desember 2025                decision-making and the smooth operation of the Company.
diuraikan pada tabel berikut:                                           The composition of the Board of Directors as of December 31,
                                                                        2025 is presented in the following table:




                                                                                            PT Keramika Indonesia Assosiasi Tbk
                                                                                       2025 Annual Report & Sustainability Report                 97
Page 100
        Nama                      Jabatan                    Dasar Pengangkatan Periode Berjalan                   Masa Jabatan
        Name                      Position                  Basis of Appointment for the Current Term              Term of Office

Boonyarit Jaiya        Direktur Utama              Keputusan Rapat Umum Pemegang Saham Tahunan (RUPST)               2021-2026
                       President Director          tanggal 25 Agustus 2021
                                                   Resolutions of the Annual General Meeting of Shareholders
                                                   (AGMS) dated August 25, 2021
Susalak Khiew-Orn      Direktur                    Keputusan Rapat Umum Pemegang Saham Tahunan (RUPST)               2021-2026
                       Director                    tanggal 25 Agustus 2021
                                                   Resolutions of the Annual General Meeting of Shareholders
                                                   (AGMS) dated August 25, 2021
Gunarso                Direktur Independen         Keputusan Rapat Umum Pemegang Saham Tahunan (RUPST)               2021-2026
                       Independent Director        tanggal 25 Agustus 2021
                                                   Resolutions of the Annual General Meeting of Shareholders
                                                   (AGMS) dated August 25, 2021

Pengangkatan anggota Direksi dilakukan melalui keputusan           The appointment of members of the Board of Directors is
RUPS dengan masa jabatan berlaku sampai dengan penutupan           carried out based on a resolution of the AGMS for a term of
RUPS Tahunan ke-5 setelah tanggal pengangkatannya. RUPS            office up to the closing of the 5th (fifth) Annual GMS following
memiliki kewenangan untuk memberhentikan anggota Direksi           the date of their appointment. The GMS has the authority
sebelum masa jabatannya berakhir.                                  to dismiss members of the Board of Directors prior to the
                                                                   expiration of their term of office.


Tugas dan Tanggung Jawab Direksi                                   Duties and Responsibilities of the Board of
                                                                   Directors

Pedoman Kerja (Piagam) Direksi telah mengatur lingkup tugas        The Board of Directors Working Guidelines (Charter) regulate
dan tanggung jawab Direksi secara kolegial adalah sebagai          the scope of the collective duties and responsibilities of the
berikut:                                                           Board of Directors as follows:
1. Direksi bertugas menjalankan dan bertanggung jawab              1. The Board of Directors is responsible for managing and is
    atas pengurusan Perseroan untuk kepentingan Perseroan              accountable for the Company’s management in the interest
    sesuai dengan maksud dan tujuan Perseroan.                         of the Company, in accordance with its purposes and
                                                                       objectives.
2. Dalam menjalankan tugas dan tanggung jawab atas                 2. In carrying out its management duties and responsibilities,
   pengurusan, Direksi wajib menyelenggarakan RUPS                     the Board of Directors is required to convene the Annual
   tahunan dan RUPS lainnya sebagaimana diatur dalam                   GMS and other GMS as stipulated in the prevailing laws
   peraturan perundang-undangan dan Anggaran Dasar.                    and regulations and the Articles of Association.
3. Setiap anggota Direksi wajib melaksanakan tugas dan             3. Each member of the Board of Directors is required to
   tanggung jawab dengan itikad baik, penuh tanggung                   perform their duties and responsibilities in good faith, with
   jawab, dan kehati-hatian.                                           full responsibility, and with due care.
4. Dalam rangka mendukung efektivitas pelaksanaan tugas            4. In order to support the effective implementation of its
   dan tanggung jawabnya, Direksi dapat membentuk Komite.              duties and responsibilities, the Board of Directors may
                                                                       establish committees.
5. Direksi wajib melakukan evaluasi terhadap kinerja komite        5. The Board of Directors is required to evaluate the
   setiap akhir tahun buku.                                            performance of such committees at the end of each
                                                                       financial year.
6. Setiap anggota Direksi bertanggung jawab secara                 6. Each member of the Board of Directors shall be jointly and
   tanggung renteng atas kerugian Perseroan yang                       severally liable for any losses incurred by the Company due
   disebabkan oleh kesalahan atau kelalaian anggota Direksi            to errors or negligence in the performance of their duties.
   dalam menjalankan tugasnya.


Selain tanggung jawab secara kolegial, setiap anggota Direksi      In addition to their collective responsibilities, each member
juga memiliki tugas dan tanggung jawab sesuai dengan bidang        of the Board of Directors also has specific duties and
pekerjaan dan keahlian masing-masing. Tabel berikut ini            responsibilities according to their respective areas of work and
menjelaskan dengan rinci pembagian tugas anggota Direksi:          expertise. The following table presents the detailed division of
                                                                   responsibilities among the members of the Board of Directors:




             PT Keramika Indonesia Assosiasi Tbk
98           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 101
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




                           Direktur Utama                                                         President Director
                    Tugas dan Tanggung Jawab                                                 Duties and Responsibilities
Memimpin Direksi dalam menjalankan kepengurusan dan                     Leads the Board of Directors in carrying out the management
penyelenggaraan kepentingan Perseroan dalam mencapai                    and conduct of the Company’s affairs in order to achieve the
maksud dan tujuan Perseroan.                                            Company’s purposes and objectives.

                         Direktur Keuangan                                                         Finance Director
                    Tugas dan Tanggung Jawab                                                 Duties and Responsibilities
Bertanggung jawab dalam mengendalikan seluruh aspek                     Responsible for overseeing and controlling all financial and
keuangan dan akuntansi Perseroan.                                       accounting aspects of the Company.
                       Direktur Operasional                                                      Operational Director
                    Tugas dan Tanggung Jawab                                                 Duties and Responsibilities
Membawahi bidang Produksi dengan tugas dan fungsi untuk                 Oversees the Production division and is responsible for
bertanggung jawab dalam mengatur dan mengendalikan                      managing and controlling the Company’s production
aktivitas produksi Perseroan.                                           activities.
                        Direktur Independen                                                     Independent Director
                    Tugas dan Tanggung Jawab                                                 Duties and Responsibilities
Sebagai pelaksana dan pengendali produksi Perseroan                     Serves as the overall executor and controller of the Company’s
secara keseluruhan.                                                     production operations.


Independensi Direksi [IDX G-01]                                        Independence of the Board of Directors [IDX G-01]

Perseroan berkomitmen menjaga independensi Direksi agar                The Company is committed to maintaining the independence
setiap pelaksanaan tugas dan tanggung jawab dilakukan                  of the Board of Directors to ensure that all duties and
secara objektif, bebas dari benturan kepentingan, serta tanpa          responsibilities are performed objectively, free from conflicts
intervensi dari pihak mana pun.                                        of interest, and without interference from any party.


Rapat Direksi                                                          Meetings of the Board of Directors

Kebijakan Rapat                                                        Meeting Policy
Direksi wajib menyelenggarakan Rapat Direksi secara berkala,           The Board of Directors is required to hold meetings on a regular
dengan frekuensi paling sedikit satu kali dalam setiap bulan.          basis, with a minimum frequency of at least once every month.
Rapat Direksi hanya dapat dilaksanakan apabila dihadiri oleh           Meetings of the Board of Directors may only be held if attended
mayoritas anggota Direksi. Ketentuan ini telah diatur dalam            by a majority of its members. This provision is stipulated in the
Pedoman Kerja (Piagam) Direksi.                                        Board of Directors Working Guidelines (Charter).


Dalam setiap Rapat Direksi, pembahasan difokuskan pada isu-            Each Board of Directors meeting focuses on strategic issues
isu strategis yang berkaitan dengan kebijakan perusahaan,              related to company policies, operations, and the follow-up
operasional, serta tindak lanjut pelaksanaan kegiatan di               of field activities. The agenda includes occupational safety
lapangan. Agenda yang menjadi pembahasan meliputi aspek                aspects, production performance, marketing strategies, sales
keselamatan kerja, pencapaian produksi, strategi pemasaran,            performance evaluation, and planning of community and social
evaluasi kinerja penjualan, hingga perencanaan program                 programs. In addition, Board of Directors meetings also serve
sosial kemasyarakatan. Selain itu, Rapat Direksi juga menjadi          as a forum to discuss various matters requiring decisions or
forum untuk membahas berbagai hal lain yang memerlukan                 recommendations from the Board of Directors, ensuring that
keputusan atau rekomendasi Direksi, sehingga seluruh proses            the Company’s management processes are conducted in
pengelolaan Perseroan berjalan sesuai prinsip GCG dan                  accordance with good corporate governance principles and
mendukung keberlanjutan usaha.                                         support business sustainability.


Frekuensi Rapat dan Tingkat Kehadiran Tahun                            Meeting Frequency and Attendance Rate in 2025
2025 [IDX G-02]                                                        [IDX G-02]


Sepanjang tahun 2025, rapat Direksi telah dilaksanakan                 Throughout 2025, the Board of Directors held 12 (twelve)
sebanyak 12 (duabelas) kali. Tingkat kehadiran masing-masing           meetings. The attendance rate of each member is presented in
anggota dapat dilihat pada tabel berikut:                              the following table:




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report                 99
Page 102
     Peserta Rapat                      Jabatan             Jumlah Rapat         Jumlah Kehadiran      Persentase Tingkat Kehadiran
   Meeting Participants                 Position              Number of             Attendance               Attendance Rate
                                                              Meetings

Boonyarit Jaiya              Direktur Utama                        12                    12                         100%
                             President Director

Susalak Khiew-Orn            Direktur                              12                    12                         100%
                             Director

Gunarso                      Direktur Independen                   12                    12                         100%
                             Independent Director


Program Orientasi Direksi                                               Board of Directors Orientation Program

Program orientasi Direksi Perseroan telah dilaksanakan sejak            The Company’s Board of Directors orientation program has
sebelum pengangkatan. Calon anggota Direksi mengikuti                   been implemented prior to appointment. Prospective members
kegiatan orientasi dengan mendampingi pelaksanaan tugas                 of the Board of Directors participate in orientation activities
Direksi yang sedang menjabat, untuk memberikan pengenalan               by accompanying the incumbent Board of Directors in the
secara komprehensif mengenai tugas, tanggung jawab, dan                 execution of their duties, in order to gain a comprehensive
kewenangan Direksi, serta menyampaikan informasi mengenai               understanding of the roles, responsibilities, and authorities
kondisi umum Perseroan. Anggota Direksi yang menjabat pada              of the Board of Directors, as well as to obtain information
tahun 2025 telah melalui masa pengenalan (orientasi) tersebut.          regarding the general condition of the Company. Members of
                                                                        the Board of Directors serving in 2025 have undergone such
                                                                        orientation program.


Pelatihan dan           Pengembangan               Kompetensi           Training and Competency Development of the
Direksi [IDX G-05]                                                      Board of Directors [IDX G-05]

Perseroan berkomitmen untuk meningkatkan kapabilitas                    The Company is committed to enhancing the capabilities of the
Direksi melalui pelatihan dan pengembangan yang diselaraskan            Board of Directors through training and development programs
dengan kebutuhan bisnis, ketentuan regulasi, serta dinamika             aligned with business needs, regulatory requirements, and
industri. Inisiatif ini bertujuan agar Direksi mampu menjalankan        industry dynamics. This initiative aims to ensure that the
peran secara efektif sekaligus mendukung keberlanjutan                  Board of Directors is able to perform its role effectively while
usaha, dengan tetap berlandaskan pada prinsip GCG.                      supporting business sustainability, grounded in good corporate
                                                                        governance principles.


Sepanjang tahun 2025, Direksi tidak mengikuti kegiatan                  Throughout 2025, the Board of Directors did not participate in
pelatihan dan pengembangan kompetensi dengan beberapa                   any training and competency development programs due to
pertimbangan.                                                           certain considerations.


Penilaian Direksi          terhadap       Kinerja      Komite           Assessment of the Board of Directors on the
Pendukung                                                               Performance of Supporting Committees

Sepanjang tahun buku 2025, Direksi tidak memiliki komite                Throughout the financial year 2025, the Board of Directors
pendukung. Dengan demikian, tidak terdapat penilaian maupun             did not have any supporting committees. Accordingly, there
informasi terkait yang dapat disampaikan pada Laporan ini.              is no assessment or related information to be disclosed in this
                                                                        Report.




             PT Keramika Indonesia Assosiasi Tbk
100          Laporan Tahunan & Laporan Keberlanjutan 2025
Page 103
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




Penilaian Kinerja Dewan Komisaris dan Direksi
Performance Evaluation of the Board of Commissioners and the Board
of Directors [IDX G-04]

Penilaian kinerja Dewan Komisaris dan Direksi dilaksanakan             The performance evaluation of the Board of Commissioners
setiap tahun sebagai bagian dari komitmen Perseroan dalam              and the Board of Directors is conducted annually as part of the
memastikan keberlanjutan usaha dan peningkatan kualitas                Company’s commitment to ensuring business sustainability
tata kelola. Penilaian ini dilakukan secara terstruktur dan            and enhancing the quality of governance. This evaluation is
berkala untuk memastikan kualitas pelaksanaan fungsi                   carried out in a structured and periodic manner to ensure
pengawasan dan pengelolaan, sekaligus memperkuat                       the effectiveness of supervisory and management functions,
efektivitas kinerja Perseroan. Melalui penerapan penilaian             as well as to strengthen the Company’s overall performance
tahunan, Perseroan berupaya menjaga konsistensi kinerja                effectiveness. Through the implementation of annual
yang positif serta mendukung pencapaian tujuan strategis               evaluations, the Company seeks to maintain consistent positive
secara berkesinambungan. Sebagai bagian dari SCG Group,                performance and support the continuous achievement of
Perseroan telah menetapkan prosedur dan kriteria penilaian             strategic objectives. As part of the SCG Group, the Company
kinerja Dewan Komisaris dan Direksi sesuai dengan ketentuan            has established procedures and criteria for the performance
yang ditetapkan oleh SCG sebagai perusahaan induk.                     evaluation of the Board of Commissioners and the Board of
                                                                       Directors in accordance with the policies set by SCG as the
                                                                       parent company.


Prosedur Pelaksanaan Penilaian Kinerja                                 Performance Evaluation Procedures

Prosedur penilaian kinerja Dewan Komisaris dan Direksi                 The performance evaluation of the Board of Commissioners and
dilaksanakan setiap tahun secara kolegial dan individual               the Board of Directors is conducted annually on both a collegial
melalui mekanisme metode Performance Assessment                        and individual basis through a combination of Performance
(penilaian kinerja secara keseluruhan) dan Self-Assessment             Assessment (overall evaluation) and Self-Assessment
(penilaian secara mandiri). Setiap anggota Dewan Komisaris             methods. Each member of the Board of Commissioners and the
dan Direksi melakukan penilaian mandiri, kemudian Komite               Board of Directors conducts a self-assessment, which is then
Nominasi dan Remunerasi mengkaji penilaian kinerja tersebut.           reviewed by the Nomination and Remuneration Committee. The
Hasil penilaian tersebut kemudian direkomendasikan kepada              evaluation results are subsequently recommended to the Board
Dewan Komisaris dan Direksi. Selanjutnya, hasil penilaian              of Commissioners and the Board of Directors. The consolidated
dikonsolidasi dan ditinjau bersama untuk menilai efektivitas           results are then jointly reviewed to assess effectiveness and
serta mengidentifikasi area yang memerlukan perbaikan.                 identify areas requiring improvement. Based on these results,
Berdasarkan hasil tersebut, Direksi menyusun rencana tindak            the Board of Directors prepares an action plan, while the
lanjut, sedangkan Dewan Komisaris bertanggung jawab                    Board of Commissioners is responsible for overseeing the
mengawasi implementasi rencana perbaikan berjalan sesuai               implementation of improvement actions to ensure alignment
tujuan.                                                                with intended objectives.


Kriteria Penilaian Kinerja                                             Performance Evaluation Criteria

Penilaian kinerja Dewan Komisaris difokuskan pada efektivitas          The performance evaluation of the Board of Commissioners
pelaksanaan fungsi pengawasan dan kontribusi strategis                 focuses on the effectiveness of its supervisory function and its
dalam menjaga integritas tata kelola perusahaan. Penilaian             strategic contribution to maintaining the integrity of corporate
mencakup keterlibatan aktif dalam pengawasan terhadap                  governance. The assessment covers active involvement in
pelaksanaan strategi, sistem pengendalian internal, dan                overseeing strategy implementation, internal control systems,
manajemen risiko, serta kehadiran dalam rapat sebagai                  and risk management, as well as attendance at meetings
bentuk komitmen. Rekomendasi yang disampaikan kepada                   as a measure of commitment. Recommendations provided
Direksi menjadi bagian penting dari penilaian, terutama yang           to the Board of Directors are an important component of the
berkaitan dengan arah kebijakan, kepatuhan terhadap regulasi,          evaluation, particularly those related to policy direction,
dan keberlanjutan usaha. Selain itu, peran Dewan Komisaris             regulatory compliance, and business sustainability. In
dalam mengawasi efektivitas komite-komite di bawahnya turut            addition, the Board of Commissioners’ role in overseeing
menjadi indikator kinerja yang dinilai secara berkala.                 the effectiveness of its supporting committees is also a key
                                                                       performance indicator evaluated periodically.




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report                 101
Page 104
Sementara itu, penilaian kinerja Direksi menitikberatkan pada     Meanwhile, the performance evaluation of the Board of
pencapaian operasional dan kemampuan dalam mengelola              Directors emphasizes operational achievement and the ability
serta mengembangkan bisnis. Penilaian dilakukan dengan            to manage and develop the business. The evaluation takes into
mempertimbangkan capaian pada tahun berjalan dan tren dari        account current-year achievements and historical performance
tahun-tahun sebelumnya, yang mencakup:                            trends, including:
1. Hasil operasi unit bisnis berdasarkan persentase EBITDA        1. Operating results of business units based on EBITDA as
    atas aset operasi, dengan target yang ditetapkan setiap           a percentage of operating assets, with annual targets
    tahun sebagai tolok ukur penilaian dan perbandingan.              established as benchmarks for evaluation and comparison.
2. Perbandingan kinerja unit bisnis dengan perusahaan             2. Comparison of business unit performance with peer
    lain dalam industri sejenis, baik di tingkat lokal maupun         companies in the same industry, both locally and
    internasional.                                                    internationally.
3. Kemampuan untuk mengembangkan unit bisnis dan                  3. The ability to develop business units and continuously
    meningkatkan efisiensi operasional secara berkelanjutan.          improve operational efficiency.


Pihak Pelaksana Penilaian Kinerja                                 Performance Evaluation Executing Party

Komite Nominasi dan Remunerasi merupakan pihak yang               The Nomination and Remuneration Committee is responsible
ditugaskan untuk melaksanakan penilaian kinerja Dewan             for conducting the performance evaluation of the Board of
Komisaris dan Direksi. Tugas ini dijalankan sebagai bagian dari   Commissioners and the Board of Directors. This function is
mekanisme tata kelola perusahaan untuk memastikan bahwa           carried out as part of the corporate governance mechanism to
proses penilaian dilakukan secara terstruktur, objektif, dan      ensure that the evaluation process is structured, objective, and
bebas dari benturan kepentingan.                                  free from conflicts of interest.


Komite Nominasi dan Remunerasi menelaah hasil self-               The Nomination and Remuneration Committee reviews self-
assessment, capaian kinerja, serta masukan dari pemangku          assessment results, performance achievements, and inputs
kepentingan yang relevan. Bila diperlukan, Perseroan dapat        from relevant stakeholders. Where necessary, the Company
menunjuk pihak independen untuk memberikan perspektif             may appoint an independent party to provide additional
tambahan, termasuk rekomendasi perbaikan yang mendukung           perspectives, including improvement recommendations
peningkatan efektivitas pengawasan dan pengelolaan                to support the enhancement of overall supervisory and
perusahaan secara menyeluruh.                                     management effectiveness.




Nominasi dan Remunerasi Dewan Komisaris
dan Direksi
Nomination and Remuneration of the Board of Commissioners and
Board of Directors


Nominasi dan remunerasi Dewan Komisaris dan Direksi               The nomination and remuneration of the Board of
merupakan aspek penting dalam menjaga keberlanjutan               Commissioners and Board of Directors are critical aspects in
kepemimpinan dan efektivitas pengelolaan Perseroan.               maintaining the continuity of leadership and the effectiveness
Pelaksanaannya dilakukan oleh Komite Nominasi dan                 of the Company’s management. These processes are carried
Remunerasi sesuai dengan tugas dan tanggung jawab yang            out by the Nomination and Remuneration Committee in
ditetapkan oleh regulasi. Perseroan memastikan bahwa proses       accordance with the duties and responsibilities established
nominasi anggota Dewan Komisaris dan Direksi dilaksanakan         by regulations. The Company ensures that the nomination
secara sistematis, transparan, dan sesuai dengan ketentuan        process for members of the Board of Commissioners and the
yang berlaku. Sementara itu, kebijakan remunerasi ditetapkan      Board of Directors is conducted systematically, transparently,
secara adil, wajar, dan sejalan dengan kinerja serta kontribusi   and in accordance with applicable regulations. Meanwhile,
masing-masing anggota, sehingga mendukung efektivitas             remuneration policies are established fairly, reasonably, and in
pengawasan dan pengelolaan Perseroan.                             line with the performance and contributions of each member,
                                                                  thereby supporting the effectiveness of the Company’s
                                                                  oversight and management.



             PT Keramika Indonesia Assosiasi Tbk
102          Laporan Tahunan & Laporan Keberlanjutan 2025
Page 105
      Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                     Analisis dan Diskusi Manajemen
     Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                                  Management Discussion and Analysis




Nominasi Dewan Komisaris dan Direksi                                      Nomination of the Board of Commissioners and
                                                                          the Board of Directors

Prosedur Nominasi Dewan Komisaris dan Direksi                             Nomination Procedures for the Board of Commissioners
                                                                          and Board of Directors
Prosedur nominasi anggota Dewan Komisaris dan Direksi                     The nomination procedures for members of the Company’s
Perseroan dilaksanakan secara sistematis dan transparan                   Board of Commissioners and Board of Directors are conducted
untuk memastikan terpilihnya individu yang memiliki                       systematically and transparently to ensure the selection
integritas, kompetensi, serta pengalaman yang relevan dengan              of individuals with integrity, competence, and experience
kebutuhan perusahaan. Sebagai bagian dari SCG Group,                      relevant to the Company’s needs. As part of the SCG Group, the
mekanisme nominasi mengikuti Prinsip Tata Kelola Perusahaan               nomination mechanism follows the SCG Corporate Governance
SCG (SCG Corporate Governance Principles) dan ketentuan                   Principles and the provisions established by the parent
yang ditetapkan oleh perusahaan induk, dengan tetap                       company, while adhering to applicable regulations in Indonesia.
memperhatikan regulasi yang berlaku di Indonesia. Komite                  The Nomination and Remuneration Committee plays an active
Nominasi dan Remunerasi berperan aktif dalam memberikan                   role in providing advice and recommendations on the proposed
saran dan rekomendasi atas calon yang diajukan, sebelum                   candidates before a decision is made at the General Meeting of
diputuskan dalam Rapat Umum Pemegang Saham (RUPS).                        Shareholders (GMS).


Prosedur nominasi anggota Dewan Komisaris dan Direksi                     The nomination procedure for members of the Board of
dilaksanakan dalam beberapa tahap, antara lain:                           Commissioners and the Board of Directors is carried out in
                                                                          several stages, including:
1.    Sebelum Rapat Umum Pemegang Saham Tahunan, Komite                   1. Prior to the Annual General Meeting of Shareholders,
      Nominasi dan Remunerasi menyampaikan usulan nama                       the Nomination and Remuneration Committee submits
      calon Direksi kepada Dewan Komisaris. Usulan tersebut                  proposed names of Board of Directors candidates to
      kemudian diajukan untuk dipertimbangkan oleh pemegang                  the Board of Commissioners. These proposals are then
      saham dalam RUPS. Seluruh pemegang saham memiliki                      submitted for consideration by shareholders at the AGM.
      hak yang sama untuk mengajukan calon tambahan.                         All shareholders have equal rights to propose additional
                                                                             candidates.
2. Setiap pemegang saham berhak memberikan satu suara                     2. Each shareholder is entitled to one vote for each share held
   untuk setiap saham yang dimiliki atau diwakilinya.                        or represented.
3. Dalam proses pemilihan, pemegang saham memberikan                      3. During the election process, shareholders cast their votes
   suara kepada masing-masing calon Direksi yang diajukan,                   for each proposed Board of Directors candidate, provided
   dengan ketentuan jumlah suara tidak boleh melebihi                        that the total number of votes cast does not exceed the
   jumlah posisi Direksi yang tersedia. Suara tidak dapat                    number of available Board of Directors positions. Votes may
   dialihkan atau dibagi.                                                    not be transferred or split.
4. Calon Direksi ditetapkan berdasarkan urutan jumlah suara               4. Board of Directors candidates are selected in order of the
   terbanyak hingga yang paling sedikit, sampai seluruh                      highest to the lowest number of votes, until all Board of
   posisi Direksi terpenuhi. Apabila terdapat jumlah suara                   Directors positions are filled. If there is a tie in the number
   yang sama sehingga berpotensi melebihi jumlah posisi                      of votes that could potentially exceed the number of
   yang tersedia, pimpinan RUPS berwenang memberikan                         available positions, the chair of the GMS has the authority
   suara penentu.                                                            to cast the deciding vote.


Persyaratan Keanggotaan Dewan Komisaris dan                               Requirements for Membership on the Board of
Direksi [IDX G-06]                                                        Commissioners and the Board of Directors [IDX G-06]

Sebelum Komite Nominasi dan Remunerasi menyampaikan                       Before the Nomination and Remuneration Committee submits
rekomendasi nominasi anggota Dewan Komisaris dan                          its recommendations for the nomination of members of the
Direksi kepada Pemegang Saham, terlebih dahulu dilakukan                  Board of Commissioners and the Board of Directors to the
penelaahan atas kandidat sesuai dengan Persyaratan                        Shareholders, a review of the candidates is first conducted
Keanggotaan Dewan Komisaris dan Direksi yang diatur dalam                 in accordance with the Requirements for Membership on
Piagam Dewan Komisaris dan Piagam Direksi. Ketentuan                      the Board of Commissioners and the Board of Directors as
tersebut menegaskan bahwa yang dapat menjadi anggota                      stipulated in the Charter of the Board of Commissioners and
Dewan Komisaris dan Direksi adalah orang perseorangan yang                the Charter of the Board of Directors. The provisions stipulate
memenuhi persyaratan sebagai berikut:                                     that members of the Board of Commissioners and the Board
                                                                          of Directors must be individuals who meet the following
                                                                          requirements:



                                                                                              PT Keramika Indonesia Assosiasi Tbk
                                                                                         2025 Annual Report & Sustainability Report             103
Page 106
1. Mempunyai akhlak, moral, dan integritas yang baik.           1. Have good character, morals, and integrity.
2. Cakap melakukan perbuatan hukum.                             2. Are legally competent to perform legal acts.
3. Dalam 5 (lima) tahun sebelum pengangkatan dan selama         3. Within 5 (five) years prior to appointment and during their
   menjabat:                                                       tenure:
   a. Tidak pernah dinyatakan pailit;                              a. Have never been declared bankrupt;
   b. Tidak pernah menjadi anggota Direksi dan/atau                b. Have never served as a member of the Board of Directors
      anggota Dewan Komisaris yang dinyatakan bersalah                and/or Board of Commissioners who was found guilty
      menyebabkan suatu perusahaan dinyatakan pailit;                 of causing a company to be declared bankrupt;
   c. Tidak pernah dihukum karena melakukan tindak pidana          c. Have never been convicted of a criminal offense that
      yang merugikan keuangan negara dan/atau yang                    causes loss to state finances and/or is related to the
      berkaitan dengan sektor keuangan;                               financial sector;
   d. Tidak pernah menjadi anggota Direksi dan/atau                d. Have never served as a member of the Board of
      anggota Dewan Komisaris yang selama menjabat:                   Directors and/or Board of Commissioners who, during
                                                                      their tenure:
       i.  Pernah tidak menyelenggarakan RUPS Tahunan;                i. Failed to hold the Annual GMS;
       ii. Pertanggungjawabannya sebagai anggota Dewan                ii. Had their accountability as a member of the Board
           Komisaris tidak diterima oleh RUPS atau pernah                  of Commissioners rejected by the GMS or failed to
           tidak memberikan pertanggungjawaban sebagai                     provide accountability as a member of the Board of
           anggota Direksi kepada RUPS; dan                                Directors to the GMS; and
      iii. Pernah tidak menyampaikan laporan tahunan                  iii. Failed to submit annual reports to the Financial
           kepada OJK.                                                     Services Authority (OJK).
4. Memiliki komitmen untuk mematuhi peraturan perundang-        4. Have a commitment to comply with applicable laws and
   undangan yang berlaku.                                          regulations.
5. Memiliki pengetahuan dan/atau pengalaman di bidang           5. Possess knowledge and/or experience in the Company’s
   usaha perusahaan.                                               business sector.


Remunerasi Dewan Komisaris dan Direksi                          Remuneration of the Board of Commissioners
                                                                and the Board of Directors

Prosedur Penetapan Remunerasi Dewan Komisaris                   Procedures for Determining Remuneration of the
dan Direksi                                                     Board of Commissioners and the Board of Directors
Prosedur penetapan remunerasi bagi Dewan Komisaris dan          The procedures for determining remuneration for the Board
Direksi dilakukan melalui tahapan yang terstruktur sesuai       of Commissioners and the Board of Directors are carried out
dengan regulasi yang berlaku. Penetapan remunerasi              through structured stages in accordance with applicable
mempertimbangkan indikator yang telah ditetapkan. Melalui       regulations. The determination of remuneration takes into
keputusan RUPST, Pemegang Saham menyetujui honorarium           account established indicators. Through a resolution of the
dan tunjangan bagi Dewan Komisaris serta memberikan             AGMS, shareholders approve the honoraria and allowances
kuasa kepada Dewan Komisaris untuk menetapkan gaji dan          for the Board of Commissioners and authorize the Board of
tunjangan Direksi, dengan tetap merujuk pada rekomendasi        Commissioners to determine the salaries and allowances of the
Komite Nominasi dan Remunerasi.                                 Board of Directors, while referring to the recommendations of
                                                                the Nomination and Remuneration Committee.


Indikator Penetapan Remunerasi Dewan Komisaris dan              Remuneration Determination Indicators for the Board
Direksi                                                         of Commissioners and the Board of Directors
Penetapan remunerasi bagi Dewan Komisaris dan Direksi           The determination of remuneration for the Board of
dilakukan dengan mempertimbangkan indikator yang                Commissioners and the Board of Directors is conducted by
terukur dan relevan. Indikator utama yang digunakan adalah      considering measurable and relevant indicators. The primary
pencapaian kinerja masing-masing anggota Dewan Komisaris        indicators used are the performance achievements of each
dan Direksi. Melalui indikator tersebut, Perseroan memastikan   member of the Board of Commissioners and the Board of
bahwa pemberian remunerasi sejalan dengan kontribusi nyata      Directors. Through these indicators, the Company ensures
dalam pencapaian tujuan strategis, efektivitas pengawasan,      that remuneration aligns with tangible contributions toward
serta keberhasilan pengelolaan Perseroan. Dengan demikian,      achieving strategic objectives, the effectiveness of oversight,
struktur remunerasi tidak hanya mencerminkan kepatuhan          and the success of the Company’s management. Thus, the
terhadap regulasi, tetapi juga mendukung prinsip keadilan,      remuneration structure not only reflects compliance with
akuntabilitas, dan keberlanjutan.                               regulations but also supports the principles of fairness,
                                                                accountability, and sustainability.



             PT Keramika Indonesia Assosiasi Tbk
104          Laporan Tahunan & Laporan Keberlanjutan 2025
Page 107
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




Struktur Remunerasi Dewan Komisaris dan                                Remuneration Structure for the Board of
Direksi                                                                Commissioners and the Board of Directors

Remunerasi Dewan Komisaris dan Direksi Perseroan terdiri               The remuneration for the Company’s Board of Commissioners
atas honorarium dan fasilitas yang diberikan sesuai dengan             and Board of Directors consists of honoraria and benefits
tanggung jawab, fungsi, serta kedudukan masing-masing.                 provided in accordance with their respective responsibilities,
Honorarium mencerminkan kompensasi atas peran strategis                functions, and positions. Honoraria reflect compensation for
dalam menjalankan fungsi pengawasan maupun pengelolaan                 their strategic roles in performing oversight and management
perusahaan, sedangkan fasilitas diberikan sebagai bentuk               functions, while benefits are provided as a form of support to
dukungan agar Dewan Komisaris dan Direksi dapat                        enable the Board of Commissioners and Board of Directors to
melaksanakan tugasnya secara optimal.                                  perform their duties optimally.


Struktur remunerasi Dewan Komisaris dan Direksi disusun                The remuneration structure for the Board of Commissioners
dengan mengacu pada ketentuan yang berlaku.                            and the Board of Directors is established in accordance with
                                                                       applicable regulations.


Besaran Remunerasi Dewan Komisaris dan Direksi                         Remuneration of the Board of Commissioners and the
Tahun 2025                                                             Board of Directors in 2025
Pada tahun buku 2025, total remunerasi bagi 3 (tiga) anggota           In the 2025 financial year, the total remuneration for 3 (three)
Dewan Komisaris ditetapkan sebesar Rp600.000.000,                      members of the Board of Commissioners was determined
sedangkan total remunerasi bagi 3 (tiga) anggota bagi Direksi          at Rp600,000,000, while the total remuneration for 3 (three)
sebesar Rp1.924.531.627. Remunerasi tersebut mencakup gaji/            members of the Board of Directors amounted to Rp1,924,531,627.
honorarium dan tunjangan, yang ditetapkan melalui keputusan            This remuneration includes salary/honorarium and allowances,
RUPST dengan memperhatikan rekomendasi dari Komite                     as determined through the resolution of the AGMS with due
Nominasi dan Remunerasi.                                               consideration of the recommendations of the Nomination and
                                                                       Remuneration Committee.


Sebagai bentuk transparansi, besaran remunerasi Dewan                  In the interest of transparency, the remuneration amounts for
Komisaris dan Direksi secara kolegial disajikan dalam tabel            the Board of Commissioners and the Board of Directors are
berikut untuk memberikan gambaran yang jelas mengenai                  presented collectively in the following table to provide a clear
struktur remunerasi tahun 2025:                                        overview of the 2025 remuneration structure:


                                 Uraian                                                   Total Remunerasi tahun 2025
                               Description                                                 Total Remuneration in 2025

Dewan Komisaris
Board of Commissioners

Gaji dan Tunjangan                                                                                                            Rp600.000.000
Salary and Benefits

Direksi
Board of Directors

Gaji dan Tunjangan                                                                                                           Rp1.924.531.627
Salary and Benefits

Total                                                                                                                      Rp2.524.531.627




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report             105
Page 108
Kebijakan Keberagaman Komposisi Dewan
Komisaris dan Direksi
Diversity Policy for the Composition of the Board of Commissioners and
the Board of Directors [IDX G-01]


Dalam menetapkan susunan Dewan Komisaris dan Direksi,         In determining the composition of the Board of Commissioners
Perseroan senantiasa menyesuaikan dengan kondisi serta        and the Board of Directors, the Company consistently adapts
kebutuhan organisasi yang dinamis. Perseroan menekankan       to the dynamic conditions and needs of the organization.
pentingnya keberagaman dalam proses pemilihan kandidat,       The Company emphasizes the importance of diversity in the
dengan mempertimbangkan latar belakang akademis, keahlian     candidate selection process, taking into account academic
profesional, pengalaman, usia, dan jenis kelamin. Komitmen    background, professional expertise, experience, age, and
terhadap keberagaman ini diwujudkan melalui pendekatan yang   gender. This commitment to diversity is realized through an
inklusif dan bebas dari diskriminasi, sehingga menghasilkan   inclusive and non-discriminatory approach, resulting in a
komposisi Dewan yang seimbang dan representatif.              balanced and representative Board composition.


Pada tahun 2025, Perseroan telah mewujudkan komitmen          In 2025, the Company has fulfilled this commitment by
tersebut dengan mengangkat satu anggota perempuan             appointing one female member to the Board of Commissioners
sebagai Dewan Komisaris dan satu anggota perempuan sebagai    and one female member to the Board of Directors, each
Direksi, masing-masing setara dengan 33,3%. Pencapaian        representing 33.3%. This achievement in diversity is expected
keberagaman tersebut diharapkan dapat memperkaya              to enrich perspectives in strategic decision-making.
perspektif dalam pengambilan keputusan strategis.




Komite Audit
Audit Committee


Dewan Komisaris telah membentuk Komite Audit sebagai          The Board of Commissioners has established the Audit
komite pendukung dalam pelaksanaan fungsi pengawasan          Committee as a supporting committee in the performance
Perseroan. Pembentukan komite ini berlandaskan pada           of the Company’s oversight functions. The formation of this
Peraturan OJK No. 55/POJK.04/2015 tentang Pembentukan dan     committee is based on OJK Regulation No. 55/POJK.04/2015
Pedoman Pelaksanaan Kerja Komite Audit (“POJK 55/2015”).      regarding the Formation and Guidelines for the Operation of
                                                              the Audit Committee (“POJK 55/2015”).


Komite Audit berperan penting dalam membantu Dewan            The Audit Committee plays a crucial role in assisting the
Komisaris menjalankan pengawasan, khususnya terkait laporan   Board of Commissioners in carrying out oversight, particularly
keuangan, manajemen risiko, sistem pengendalian internal,     regarding financial statements, risk management, internal
proses audit baik internal maupun eksternal, kepatuhan        control systems, both internal and external audit processes,
terhadap peraturan, serta penerapan prinsip GCG.              regulatory compliance, and the implementation of GCG
                                                              principles.


Piagam Komite Audit                                           Audit Committee Charter

Piagam Komite Audit disusun dengan mengacu pada POJK          The Audit Committee Charter is drafted in accordance with
55/2015 dan menjadi pedoman dalam pelaksanaan tugas           POJK 55/2015 and serves as a guideline for the performance
serta tanggung jawab Komite Audit. Hingga akhir tahun 2025,   of the Audit Committee’s duties and responsibilities. Through
piagam tersebut tetap relevan dan selaras dengan ketentuan    the end of 2025, this charter remains relevant and aligned with




            PT Keramika Indonesia Assosiasi Tbk
106         Laporan Tahunan & Laporan Keberlanjutan 2025
Page 109
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




peraturan yang berlaku. Piagam Komite Audit memuat                     applicable regulations. The Audit Committee Charter contains
ketentuan mengenai ruang lingkup tugas dan tanggung jawab,             provisions regarding the scope of duties and responsibilities,
wewenang, serta mekanisme rapat kerja Komite Audit. Dengan             authority, and the mechanism for Audit Committee meetings.
adanya piagam tersebut, Perseroan memastikan pelaksanaan               With this charter in place, the Company ensures that the Audit
tugas Komite Audit berjalan secara konsisten, terarah, dan             Committee’s duties are carried out consistently, purposefully,
mendukung peningkatan kualitas pengawasan oleh Dewan                   and in a manner that supports the enhancement of the Board
Komisaris.                                                             of Commissioners’ oversight.


Tugas dan Tanggung Jawab Komite Audit                                  Duties and              Responsibilities            of     the      Audit
                                                                       Committee

Sesuai dengan Pasal 10 POJK 55/2015, dalam menjalankan                 In accordance with Article 10 of POJK 55/2015, in performing
fungsinya, Komite Audit memiliki tugas dan tanggung jawab              its functions, the Audit Committee has the following duties and
sesuai dengan sebagai berikut:                                         responsibilities:
1. Melakukan penelaahan atas informasi keuangan yang                   1. Reviewing financial information to be disclosed by the
   akan dikeluarkan Perseroan kepada publik dan/atau                        Company to the public and/or regulatory authorities,
   pihak otoritas antara lain laporan keuangan, proyeksi, dan               including financial statements, projections, and other
   laporan lainnya terkait dengan informasi keuangan;                       reports related to financial information;
2. Melakukan penelaahan atas ketaatan terhadap peraturan               2. Reviewing 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. Providing an independent opinion in the event of a
   perbedaan pendapat antara manajemen dan Akuntan atas                   differences between management and the Auditor
   jasa yang diberikannya;                                                regarding the services provided;
4. Memberikan rekomendasi kepada Dewan Komisaris                       4. Providing recommendations to the Board of Commissioners
   mengenai penunjukan Akuntan yang didasarkan pada                       regarding the appointment of the Auditor based on
   independensi, ruang lingkup penugasan, dan imbalan jasa;               independence, scope of engagement, and fees;
5. Melakukan penelaahan atas pelaksanaan pemeriksaan                   5. Reviewing audit activities conducted by the Internal Auditor
   oleh Auditor Internal dan mengawasi pelaksanaan tindak                 and monitoring the implementation of follow-up actions by
   lanjut oleh Direksi atas temuan Auditor Internal;                      the Board of Directors on Internal Audit findings;
6. Melakukan penelaahan terhadap aktivitas pelaksanaan                 6. Reviewing the implementation of risk management
   manajemen risiko yang dilakukan oleh Direksi;                          activities carried out by the Board of Directors;
7. Menelaah pengaduan yang berkaitan dengan proses                     7. Reviewing complaints related to accounting processes and
   akuntansi dan pelaporan keuangan;                                      financial reporting;
8. Menelaah dan memberikan saran kepada Dewan Komisaris                8. Reviewing and providing advice to the Board of
   terkait dengan adanya potensi benturan kepentingan; dan                Commissioners regarding potential conflicts of interest;
                                                                          and
9. Menjaga kerahasiaan dokumen, data, dan informasi                    9. Maintaining the confidentiality of the Company’s
   Perseroan.                                                             documents, data, and information.


Komposisi dan Masa Jabatan Komite Audit                                Composition and Term of Office of the Audit
                                                                       Committee

Komite Audit beranggotakan sekurang-kurangnya 3 (tiga)                 The Audit Committee consists of at least 3 (three) members,
orang, dengan ketentuan bahwa salah satunya adalah Komisaris           provided that one of them is an Independent Commissioner
Independen yang bertindak sebagai Ketua merangkap anggota.             who serves as Chairperson and member. Meanwhile, the
Sementara itu, anggota lainnya berasal dari Pihak Independen           other members are from Independent Parties in accordance
sesuai dengan persyaratan regulasi. Komposisi Komite Audit             with regulatory requirements. The composition of the Audit
per 31 Desember 2025 disajikan pada tabel berikut:                     Committee as of December 31, 2025 is presented in the
                                                                       following table:




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report             107
Page 110
             Nama                   Posisi di Komite                Jabatan Lain di Perseroan                   Masa         Periode
             Name                    Position in the              Other Positions in the Company               Jabatan        Period
                                      Committee                                                                Term of
                                                                                                                Office

Krisana Eamvorasombat              Ketua                    Komisaris Independen                             2021-2026      Pertama
                                   Komite Audit             Independent Commissioner                                        First
                                   Chair of the Audit
                                   Committee

Dr. Ancella Anitawati Hermawan Anggota                      Tidak merangkap jabatan lain di Perseroan        2021-2026      Pertama
                               Komite Audit                 (Pihak Independen)                                              First
                               Member of the                No concurrent positions within the Company
                               Audit Committee              (Independent Party)

Dwi Astuti Rosmianingrum           Anggota                  Tidak merangkap jabatan di Perseroan (Pihak      2022-2027      Pertama
Nainggolan                         Komite Audit             Independen)                                                     First
                                   Member of the            No concurrent positions within the Company
                                   Audit Committee          (Independent Party)

Mengacu pada ketentuan yang berlaku, masa jabatan Komite              In accordance with applicable regulations, the term of office
Audit ditetapkan selama 5 (lima) tahun dan dapat diperpanjang         of the Audit Committee is set at 5 (five) years and may be
melalui pengangkatan kembali setelah masa jabatan berakhir.           extended through reappointment upon the expiration of the
                                                                      term.


Profil Komite Audit                                                   Audit Committee Profile

Krisana Eamvorasombat
Ketua Komite Audit
Chair of the Audit Committee

Usia                                                                   Age
69 tahun                                                               69 years old

Kewarganegaraan                                                        Nationality
Thailand                                                               Thailand

Dasar Hukum Pengangkatan                                               Legal Basis of Appointment
Diangkat sebagai Ketua Komite Audit berdasarkan Surat                  Appointed as Chair of the Audit Committee pursuant to the
Pemberitahuan Perseroan kepada Deputi Komisioner                       Company’s Notification Letter to the Deputy Commissioner
Pengawas Pasar Modal (OJK) No. 041/CS-KIA/AC/IX/2021                   for Capital Market Supervision (OJK) No. 041/CS-KIA/AC/
tanggal 1 September 2021.                                              IX/2021 dated September 1, 2021.

Profil lengkap beliau, yang saat ini juga menjabat sebagai             Her full profile, as she currently also serves as an Independent
Komisaris Independen, telah diuraikan pada Bab Profil                  Commissioner, is detailed in the Company Profile section
Perusahaan Subbab Profil Dewan Komisaris.                              under the Board of Commissioners Profile subsection.




Dr. Ancella Anitawati Hermawan
Anggota Komite Audit
Member of Audit Committee

Usia                                                                   Age
62 tahun                                                               62 years old

Kewarganegaraan                                                        Nationality
Indonesia                                                              Indonesia

Dasar Hukum Pengangkatan                                               Legal Basis of Appointment
Diangkat sebagai Anggota Komite Audit berdasarkan                      Appointed as a member of the Audit Committee pursuant to
Surat Pemberitahuan Perseroan kepada Deputi Komisioner                 the Company’s Notification Letter to the Deputy Commissioner
Pengawas Pasar Modal (OJK) No. 041/CS-KIA/AC/IX/2021                   for Capital Market Supervision (OJK) No. 041/CS-KIA/AC/
tanggal 1 September 2021.                                              IX/2021 dated September 1, 2021.




             PT Keramika Indonesia Assosiasi Tbk
108          Laporan Tahunan & Laporan Keberlanjutan 2025
Page 111
  Ikhtisar Kinerja | Performance Highlights     Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
 Laporan Manajemen | Management Report                                                           Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




Dr. Ancella Anitawati Hermawan
Anggota Komite Audit
Member of Audit Committee

Gelar Pendidikan                                                        Educational Degree
1986                                                                    1986
› Sarjana Akuntansi, Fakultas Ekonomi dan Bisnis,                       › Bachelor of Accounting, Faculty of Economics and
  Universitas Indonesia                                                   Business, University of Indonesia
1989                                                                    1989
› Master of Business Administration in Finance and Accounting,          › Master of Business Administration in Finance and
  Washington University, St. Louis, USA                                   Accounting, Washington University, St. Louis, USA
2009                                                                    2009
› Doktor dalam bidang Akuntansi, Fakultas Ekonomi dan                   › Ph.D. in Accounting, Faculty of Economics and Business,
  Bisnis, Universitas Indonesia                                           University of Indonesia

Sertifikasi                                                             Certifications
› Indonesia Chartered Accountant (CA)                                   › Indonesia Chartered Accountant (CA)
› Associate Chartered Management Accountant (ACMA)                      › Associate Chartered Management Accountant (ACMA)
› Chartered Global Management Accountant (CGMA)                         › Chartered Global Management Accountant (CGMA)
› Certified Riks Management (CRM)                                       › Certified Riks Management (CRM)
› Qualified Risk Governance Professional (QRGP)                         › Qualified Risk Governance Professional (QRGP)

Rangkap Jabatan                                                         Concurrent Positions
Di Perseroan:                                                           At the Company:
Tidak merangkap jabatan di Perseroan                                    No concurrent positions within the Company

Di perusahaan atau institusi lain:                                      At other companies or institutions:
1986-sekarang                                                           1986–present
› Lektor Kepala di Departemen Akuntansi, Fakultas Ekonomi               › Senior Lecturer in the Department of Accounting, Faculty
  dan Bisnis Universitas Indonesia                                        of Economics and Business, University of Indonesia
1995-sekarang                                                           1995–present
› Senior Consultant and Trainer di Pusat Pengembangan                   › Senior Consultant and Trainer at the Center for
  Akuntansi Fakultas Ekonomi dan Bisnis Universitas                       Accounting Development, Faculty of Economics and
  Indonesia                                                               Business, University of Indonesia
2021-sekarang                                                           2021–present
› Anggota Komite Audit di PT Kokoh Inti Arebama Tbk                     › Member of the Audit Committee at PT Kokoh Inti Arebama
                                                                          Tbk
2001-2003; 2025-sekarang                                                2001–2003; 2025–present
› Anggota Komite Audit di PT Ekadharma International Tbk                › Member of the Audit Committee at PT Ekadharma
                                                                          International Tbk
2022-sekarang                                                           2022–present
› Komisaris Independen, Ketua Komite Audit, Anggota                     › Independent Commissioner, Chair of the Audit Committee,
  Komite Pemantau Risiko di PT Prudential Life Assurance                  Member of the Risk Monitoring Committee at PT
  Indonesia                                                               Prudential Life Assurance Indonesia
2024-sekarang                                                           2024–present
› Anggota Senat Akademik di Universitas Indonesia                       › Member of the Academic Senate at the University of
                                                                          Indonesia
› Komisaris Independen, Ketua Komite Audit di PT Sarana                 › Independent Commissioner and Chair of the Audit
  Multi Infrastruktur (Persero)                                           Committee at PT Sarana Multi Infrastruktur (Persero)

Riwayat Jabatan                                                         Employment History
1985-1987                                                               1985-1987
› Auditor di Kantor Akuntan Publik (KAP) Sudjendro,                     › Auditor at Sudjendro Public Accounting Firm (KAP), a
  koresponden untuk Peat, Marwick, and Mitchell                           correspondent for Peat, Marwick, and Mitchell
1997-2000                                                               1997-2000
› Wakil Direktur Administrasi dan Keuangan, Program                     › Deputy Director of Administration and Finance, Master
  Magister Manajemen, Fakultas Ekonomi dan Bisnis                         of Management Program, Faculty of Economics and
  Universitas Indonesia                                                   Business, University of Indonesia
2003-2006                                                               2003-2006
› Anggota Komite Audit di PT Bank Permata Tbk                           › Member of the Audit Committee at PT Bank Permata Tbk
2013-2016                                                               2013-2016
› Anggota Komite Pemantau Risiko di PT Bank BNI Tbk                     › Member of the Risk Monitoring Committee at PT Bank BNI
                                                                          Tbk
2014-2019                                                               2014-2019
› Tim Pelaksana Standar Akuntansi Keuangan, Ikatan                      › Financial Accounting Standards Implementation Team,
  Akuntan Indonesia (IAI)                                                 The Institute of Indonesia Chartered Accountants




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report             109
Page 112
Dr. Ancella Anitawati Hermawan
Anggota Komite Audit
Member of Audit Committee

2014-2022                                                      2014-2022
› Kepala Departemen Akuntansi, Fakultas Ekonomi dan            › Head of the Department of Accounting, Faculty of
  Bisnis Universitas Indonesia                                   Economics and Business, University of Indonesia
2019-2025                                                      2019-2025
› Anggota Komite Audit di PT Indocement Tunggal Prakarsa       › Member of the Audit Committee at PT Indocement
  Tbk                                                            Tunggal Prakarsa Tbk
2020-2025                                                      2020-2025
› Anggota Komite Audit di PT Bintraco Dharma Tbk               › Member of the Audit Committee at PT Bintraco Dharma
                                                                 Tbk


Dwi Astuti Rosmianingrum Nainggolan
Anggota Komite Audit
Member of Audit Committee

Usia                                                           Age
58 tahun                                                       58 years old
Kewarganegaraan                                                Nationality
Indonesia                                                      Indonesia
Dasar Hukum Pengangkatan                                       Legal Basis of Appointment
Diangkat sebagai Anggota Komite Audit berdasarkan              Appointed as a member of the Audit Committee pursuant to
Surat Pemberitahuan Perseroan kepada Deputi Komisioner         the Company’s Notification Letter to the Deputy Commissioner
Pengawas Pasar Modal (OJK) No. 028/CS-KIA/AC/VII/2022          for Capital Market Supervision (OJK) No. 028/CS-KIA/AC/
tanggal 1 Juli 2022.                                           VII/2022 dated July 1, 2022.
Gelar Pendidikan                                               Educational Background
1991                                                           1991
› Sarjana Ekonomi, Jurusan Akuntansi Fakultas Ekonomi,         › Bachelor of Economics, Accounting Major, Faculty of
  Universitas Indonesia                                          Economics, University of Indonesia
1995                                                           1995
› Graduate Diploma in Business, Graduate School of Business    › Graduate Diploma in Business, Graduate School of
  (GBS), Curtin University of Technology, Perth, Western         Business (GBS), Curtin University of Technology, Perth,
  Australia                                                      Western Australia
1996                                                           1996
› Master of Business Administration, Major Finance, Graduate   › Master of Business Administration, Major Finance,
  School of Business (GBS), Curtin University of Technology,     Graduate School of Business (GBS), Curtin University of
  Perth, Western Australia                                       Technology, Perth, Western Australia
2024                                                           2024
› Doctor of Philosophy, Financial Criminology, Universiti      › Doctor of Philosophy, Financial Criminology, Universiti
  Teknologi Mara, Malaysia                                       Teknologi Mara, Malaysia
Sertifikasi                                                    Certifications
2025                                                           2025
› Pelatihan Pajak Terapan Brevet A & B, Ikatan Akuntan         › Applied Tax Training (Brevet A & B), The Institute of
  Indonesia                                                      Indonesia Chartered Accountants
› Pelatihan e-SPT Brevet Pajak Terapan A & B, Ikatan           › e-SPT Training for Applied Tax Certification Levels A & B,
  Akuntan Indonesia                                              The Institute of Indonesia Chartered Accountants

Rangkap Jabatan                                                Concurrent Positions
Sejak 1990                                                     Since 1990
› Dosen di Departemen Akuntansi, Fakultas Ekonomi dan          › Lecturer in the Department of Accounting, Faculty of
  Bisnis, Universitas Indonesia                                  Economics and Business, University of Indonesia
Sejak 2022                                                     Since 2022
› Anggota Komite Audit di PT Kokoh Inti Arebama Tbk            › Member of the Audit Committee at PT Kokoh Inti Arebama
                                                                 Tbk




            PT Keramika Indonesia Assosiasi Tbk
110         Laporan Tahunan & Laporan Keberlanjutan 2025
Page 113
   Ikhtisar Kinerja | Performance Highlights      Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                   Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                            Laporan Keberlanjutan | Sustainability Report
                                                Management Discussion and Analysis




Dwi Astuti Rosmianingrum Nainggolan
Anggota Komite Audit
Member of Audit Committee

Riwayat Jabatan                                                           Employment History
1992-1993                                                                 1992-1993
› Junior Audit Staff (1991-1992), Assistant Audit Staff                   › Junior Audit Staff (1991–1992), Assistant Audit Staff
  (1992-1993), dan Senior Audit Staff (1993) di KAP Drs.                    (1992–1993), and Senior Audit Staff (1993) at KAP Drs.
  Santoso Harsokusumo & Rekan, Member of Ernst & Young                      Santoso Harsokusumo & Partners, a member firm of Ernst
  Internasional                                                             & Young International
1993-1994                                                                 1993-1994
› Chief Accountant di Andersen Consulting                                 › Chief Accountant at Andersen Consulting
1997-1999                                                                 1997-1999
› Equity Portfolio Analyst di PT Niaga Aset Manajemen                     › Equity Portfolio Analyst at PT Niaga Aset Manajemen
1999-2003                                                                 1999-2003
› Bagian dari PT Bahana Securities dengan berbagai posisi                 › A division of PT Bahana Securities with various positions
2003-2007                                                                 2003-2007
› Bagian dari PT Niaga Aset Manajemen dengan berbagai                     › A division of PT Niaga Aset Manajemen with various
  posisi                                                                    positions
2007-2010                                                                 2007-2010
› Kepala Divisi Investasi, Wakil Direktur di PT Valbury Asia              › Head of Investment, Associate Director di PT Valbury
  Securities                                                                Asia Securities
2011-2013                                                                 2011-2013
› Group Head Investment & Marketing, Associate Director                   › Group Head Investment & Marketing, Associate Director
  (2011) dan Group Head Marketing, Associate Director                       (2011) dan Group Head Marketing, Associate Director
  (2012-2013) di PT PNM Investment Management                               (2012-2013) at PT PNM Investment Management
2013-2015                                                                 2013-2015
› Direktur di PT Danareksa Sekuritas                                      › Director at PT Danareksa Sekuritas
2016-2022                                                                 2016-2022
› Technical Director di Ikatan Akuntan Indonesia                          › Technical Director at the Indonesian Institute of
                                                                            Accountants
2022-2024                                                                 2022-2024
› Direktur Keuangan dan Akuntansi di Universitas Indonesia                › Director of Finance and Accounting at the University of
                                                                            Indonesia


Pernyataan Independensi Komite Audit                                     Statement of               Independence             of     the      Audit
                                                                         Committee

Dalam pelaksanaan tugasnya, Komite Audit berkomitmen                     In carrying out its duties, the Audit Committee is committed to
untuk menjaga independensi. Setiap anggota menyatakan tidak              maintaining its independence. Each member declares that they
memiliki hubungan keuangan, kepengurusan, kepemilikan                    have no financial, managerial, or shareholding relationships,
saham, maupun ikatan keluarga yang berpotensi menimbulkan                nor any family ties, that could potentially give rise to a conflict
konflik kepentingan.                                                     of interest.


Rapat Komite Audit                                                       Audit Committee Meetings

Kebijakan Rapat                                                          Meeting Policy
Mengacu pada POJK 55/2015, Rapat Komite Audit                            Pursuant to POJK 55/2015, Audit Committee meetings are held
diselenggarakan paling sedikit 1 (satu) kali dalam 3 (tiga) bulan        at least once every 3 (three) months and are considered valid
dan dinyatakan sah apabila dihadiri oleh lebih dari ½ (satu per          if attended by more than half of the members. The meeting
dua) jumlah anggota. Agenda rapat mencakup pembahasan                    agenda includes discussions on the Company’s policies and
mengenai kebijakan dan peraturan Perseroan, evaluasi sistem              regulations, evaluation of the internal control system, and
pengendalian internal, serta penelaahan atas laporan audit               review of internal and external audit reports.
internal maupun eksternal.


Frekuensi Rapat dan Tingkat Kehadiran Komite Audit                       Audit Committee Meeting Frequency and Attendance
Tahun 2025                                                               Rate for 2025
Sepanjang tahun 2025, Komite Audit telah menyelenggarakan                Throughout 2025, the Audit Committee held 4 (four) meetings,
rapat sebanyak 4 (empat) kali, dengan tingkat kehadiran                  with the following attendance rates:
sebagai berikut:




                                                                                             PT Keramika Indonesia Assosiasi Tbk
                                                                                        2025 Annual Report & Sustainability Report                 111
Page 114
            Peserta Rapat                             Jabatan              Jumlah Rapat           Jumlah             Persentase
          Meeting Participants               Position in the Committee       Number of          Kehadiran              Tingkat
                                                                             Meetings              Total             Kehadiran
                                                                                                Attendance           Percentage
                                                                                                                        Rate
                                                                                                                     Attendance

Krisana Eamvorasombat                       Ketua Komite Audit                     4                   4                100%
                                            Chair of the Audit
                                            Committee

Dr. Ancella Anitawati Hermawan              Anggota Komite Audit                   4                   4                100%
                                            Member of the Audit
                                            Committee

Dwi Astuti Rosmianingrum Nainggolan         Anggota Komite Audit                   4                   4                100%
                                            Member of the Audit
                                            Committee



Pelatihan dan           Pengembangan            Kompetensi          Training and Competency Development of the
Komite Audit                                                        Audit Committee

Perseroan senantiasa mendukung peningkatan kapabilitas              The Company consistently supports the enhancement of
Komite Audit melalui berbagai program pelatihan dan                 the Audit Committee’s capabilities through various training
pengembangan kompetensi. Upaya ini dilakukan untuk                  and competency development programs. These efforts are
memastikan bahwa setiap anggota memiliki pengetahuan,               undertaken to ensure that each member possesses relevant
keterampilan, dan wawasan yang relevan dalam menjalankan            knowledge, skills, and insights in carrying out supervisory
fungsi pengawasan serta mendukung penerapan prinsip GCG.            functions and in supporting the implementation of Good
                                                                    Corporate Governance (GCG) principles.


Selama tahun 2025, Komite Audit mengikuti kegiatan pelatihan        During 2025, the Audit Committee participated in various
dan pengembangan kompetensi. Informasi pelatihan Ketua              training and competency development activities. Information
Komite yang juga menjabat sebagai Komisaris Independen,             regarding the training of the Committee Chair, who also serves
telah diuraikan pada Pelatihan dan Pengembangan Kompetensi          as an Independent Commissioner, has been presented in the
Dewan Komisaris. Sedangkan, informasi pelatihan anggota             section on Training and Competency Development of the Board
Komite Audit dijelaskan pada tabel di bawah ini:                    of Commissioners. Meanwhile, information on the training of
                                                                    Audit Committee members is presented in the table below:


      Nama           Posisi di                    Judul Kegiatan                         Tanggal               Penyelenggara
      Name           Komite                         Event Title                        Pelaksanaan               Organizer
                     Position                                                              Date
                      in the                                                              Event
                    Committee

Dr. Ancella         Anggota       Sertifikasi Manajemen Risiko Jenjang 5           Januari 2025            PT Garda Multi Talenta
Anitawati           Member        Level 5 Risk Management Certification            January 2025
Hermawan
                                  Sertifikasi Manajemen Risiko Jenjang 6           Maret 2025              PT Garda Multi Talenta
                                  Level 6 Risk Management Certification            March 2025

                                  Leading Successful Programs: Using Evidence      20 - 25 Juli 2025       Harvard Kennedy School,
                                  to Assess Effectiveness                          July 20–25, 2025        USA

                                  Sertifikasi Manajemen Risiko Jenjang 7           25 Agustus 2025         PT Garda Multi Talenta
                                  Level 7 Risk Management Certification            August 25, 2025

                                  Sustainability Reporting: Impact &               30 September 2025 IAI (Ikatan Akuntansi
                                  Implementation of PSPK 1 & 2 for Professionals   September 30,     Indonesia) - IKAI
                                                                                   2025              IAI (Indonesian Institute
                                                                                                     of Accountantsa) - IKAI




              PT Keramika Indonesia Assosiasi Tbk
112           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 115
   Ikhtisar Kinerja | Performance Highlights         Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                       Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                               Laporan Keberlanjutan | Sustainability Report
                                                    Management Discussion and Analysis




      Nama              Posisi di                     Judul Kegiatan                                Tanggal                   Penyelenggara
      Name              Komite                          Event Title                               Pelaksanaan                   Organizer
                        Position                                                                      Date
                         in the                                                                      Event
                       Committee

                                       Workshop Penilaian Risk Maturity Index                 6 - 7 Oktober 2025        PricewaterhouseCoopers
                                       ("RMI") dan Peningkatan Manajemen Risiko               October 6–7, 2025         (“PwC”)
                                       Berdasarkan Hasil Gap Analysis
                                       Workshop on Risk Maturity Index (“RMI”)
                                       Assessment and Risk Management
                                       Improvement Based on Gap Analysis Results

                                       Riskhub International Webinar                          4 Desember 2025           IRMAPA & ERMA
                                                                                              December 4, 2025

Dwi Astuti             Anggota         Pelatihan e-SPT Brevet Pajak Terapan A & B             4 Mei 2025 & 10           IAI (Ikatan Akuntansi
Rosmianingrum          Member          e-SPT Training for Applied Tax Certification           Mei 2025                  Indonesia) - IKAI
Nainggolan                             Levels A & B                                           May 4, 2025 & May         IAI (Indonesian Institute
                                                                                              10, 2025                  of Accountantsa) - IKAI

                                       Pelatihan Pajak Terapan: Brevet A & B                  14 Desember 2024 – IAI (Ikatan Akuntansi
                                       Applied Tax Training: Brevet A & B                     10 Mei 2025        Indonesia) - IKAI
                                                                                              December 14, 2024 IAI (Indonesian Institute
                                                                                              – May 10, 2025     of Accountantsa) - IKAI


Pelaksanaan Tugas Komite Audit 2025                                         Audit Committee Duties in 2025

Sepanjang tahun 2025, Komite Audit telah menjalankan                        Throughout 2025, the Audit Committee carried out its
fungsinya sesuai dengan Piagam Komite Audit, didukung                       functions in accordance with the Audit Committee Charter,
penuh oleh Manajemen serta melalui kolaborasi erat dengan                   with full support from Management and in close collaboration
tim Audit Internal. Berdasarkan hasil pengawasan sepanjang                  with the Internal Audit team. Based on the oversight conducted
tahun, Komite Audit memastikan tidak terdapat permasalahan                  during the year, the Audit Committee ensured that there
yang berpotensi menimbulkan risiko signifikan terhadap                      were no issues that could potentially pose significant risks
kesinambungan operasional Perseroan. Adapun tugas yang                      to the sustainability of the Company’s operations. The duties
dilaksanakan antara lain:                                                   performed include:
1. Mengawasi transparansi pelaporan keuangan Perseroan;                     1. Overseeing the transparency of the Company’s financial
                                                                                reporting;
2. Menelaah pengelolaan risiko strategis Perseroan;                         2. Reviewing the Company’s strategic risk management;
3. Memperkuat independensi auditor internal maupun                          3. Strengthening the independence of both internal and
   eksternal;                                                                   external auditors;
4. Mengawasi penerapan prinsip Tata Kelola Perusahaan                       4. Monitoring the implementation of Good Corporate
   yang Baik (GCG);                                                             Governance (GCG) principles;
5. Melakukan diskusi strategis dengan auditor eksternal                     5. Conducting strategic discussions with the external auditor
   terkait hasil audit laporan keuangan, termasuk efektivitas                   regarding the audit results of the financial statements,
   pengendalian internal, temuan, rekomendasi, serta                            including the effectiveness of internal controls, findings,
   penerapan manajemen risiko pada area strategis                               recommendations, and the implementation of risk
   Perseroan; dan                                                               management in the Company’s strategic areas; and
6. Memastikan seluruh informasi penting terkait Perseroan                   6. Ensuring that all material information related to the
   disampaikan secara transparan.                                               Company is disclosed transparently.




                                                                                                PT Keramika Indonesia Assosiasi Tbk
                                                                                           2025 Annual Report & Sustainability Report             113
Page 116
Komite Nominasi dan Remunerasi
Nomination and Remuneration Committee


Komite Nominasi dan Remunerasi merupakan komite yang           The Nomination and Remuneration Committee is a
dibentuk oleh dan bertanggung jawab kepada Dewan               committee established by and accountable to the Board of
Komisaris. Komite ini berperan dalam mendukung pelaksanaan     Commissioners. This committee plays a role in supporting
fungsi dan tugas Dewan Komisaris, khususnya terkait proses     the Board of Commissioners in carrying out its functions and
nominasi serta kebijakan remunerasi bagi anggota Direksi       duties, particularly regarding the nomination process and
maupun Dewan Komisaris. Pembentukan Komite Nominasi dan        remuneration policies for members of the Board of Directors
Remunerasi dilandasi oleh Peraturan OJK No. 34/POJK.04/2014    and the Board of Commissioners. The establishment of the
tentang Komite Nominasi dan Remunerasi Emiten atau             Nomination and Remuneration Committee is based on OJK
Perusahaan Publik (“POJK 34/2014”).                            Regulation No. 34/POJK.04/2014 concerning the Nomination
                                                               and Remuneration Committee of Issuers or Public Companies
                                                               (“POJK 34/2014”).


Piagam Komite Nominasi dan Remunerasi                          Nomination         and     Remuneration           Committee
                                                               Charter

Dewan Komisaris menetapkan Piagam Komite Nominasi dan          The Board of Commissioners adopted the Nomination and
Remunerasi pada 12 Mei 2017, yang disusun dengan mengacu       Remuneration Committee Charter on May 12, 2017, which was
pada POJK 34/2014. Hingga akhir tahun 2025, piagam tersebut    drafted in accordance with POJK 34/2014. Through the end
tetap relevan dan selaras dengan ketentuan peraturan yang      of 2025, the charter remains relevant and consistent with
berlaku. Piagam ini menjadi pedoman bagi Komite Nominasi dan   applicable regulations. This charter serves as a guideline for
Remunerasi dalam melaksanakan tugas secara independen          the Nomination and Remuneration Committee in carrying
dan objektif, serta memuat ketentuan mengenai lingkup          out its duties independently and objectively, and contains
tanggung jawab, wewenang, kebijakan rapat, komposisi dan       provisions regarding the scope of responsibilities, authority,
struktur keanggotaan, masa jabatan, serta mekanisme kerja      meeting policies, composition and structure of membership,
Komite Nominasi dan Remunerasi.                                term of office, and the working mechanisms of the Nomination
                                                               and Remuneration Committee.


Tugas dan Tanggung Jawab Komite Nominasi dan                   Duties and Responsibilities of the Nomination
Remunerasi                                                     and Compensation Committee

Sesuai dengan yang telah diatur dalam Piagam Komite,           In accordance with the provisions set out in the Committee
tugas dan tanggung jawab Komite Nominasi dan Remunerasi,       Charter, the duties and responsibilities of the Nomination and
meliputi:                                                      Remuneration Committee include:
1. Menelaah kembali prosedur nominasi;                         1. Reviewing nomination procedures;
2. Menelaah kembali struktur dan kebijakan remunerasi;         2. Reviewing the structure and remuneration policy;
3. Melakukan evaluasi dan pembahasan atas kinerja yang         3. Evaluating and discussing the performance achieved by
   dicapai masing-masing anggota Dewan Komisaris dan               each member of the Board of Commissioners and the Board
   Direksi;                                                        of Directors;
4. Melakukan diskusi dengan Dewan Komisaris untuk              4. Conducting discussions with the Board of Commissioners
   membahas hasil evaluasi;                                        regarding the evaluation results;
5. Memberikan rekomendasi pemberian remunerasi;                5. Providing recommendations on remuneration;
6. Melakukan seleksi calon dan mengusulkan nominasi calon      6. Selecting candidates and proposing nominations for
   anggota Dewan Komisaris dan Direksi sehubungan dengan           members of the Board of Commissioners and the Board of
   telah berakhirnya masa jabatan anggota Dewan Komisaris          Directors in relation to the expiry of their terms of office;
   dan Direksi; dan                                                and
7. Menyelenggarakan dan menghadiri rapat Komite Nominasi       7. Organizing and attending Nomination and Remuneration
   dan Remunerasi.                                                 Committee meetings.




             PT Keramika Indonesia Assosiasi Tbk
114          Laporan Tahunan & Laporan Keberlanjutan 2025
Page 117
   Ikhtisar Kinerja | Performance Highlights          Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                        Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                                Laporan Keberlanjutan | Sustainability Report
                                                     Management Discussion and Analysis




Komposisi dan Masa Jabatan Komite Nominasi                                   Composition and Term of Office of the Nomination
dan Remunerasi                                                               and Remuneration Committee

Komite Nominasi dan Remunerasi dibentuk untuk mendukung                      The Nomination and Remuneration Committee is established
efektivitas fungsi pengawasan Dewan Komisaris. Komite                        to support the effectiveness of the Board of Commissioners’
ini beranggotakan paling sedikit 3 (tiga) orang. Komisaris                   oversight functions. This Committee consists of at least 3
Independen ditunjuk sebagai Ketua Komite yang merangkap                      (three) members. An Independent Commissioner is appointed
anggota, sementara anggota lainnya dapat berasal dari                        as the Committee Chair, who also serves as a member, while
Dewan Komisaris, pejabat manajerial di bawah Direksi yang                    other members may be drawn from the Board of Commissioners,
membidangi Sumber Daya Manusia, maupun pihak eksternal                       managerial officers under the Board of Directors responsible
yang independen dan memenuhi kualifikasi.                                    for Human Resources, or independent external parties who
                                                                             meet the qualifications.


Seluruh anggota Komite Nominasi dan Remunerasi telah                         All members of the Nomination and Remuneration Committee
memenuhi beberapa kualifikasi independensi dan kompetensi                    have met the following independence and competency
antara lain:                                                                 requirements, among others:
1. Mengerti dan memahami kegiatan usaha Perseroan dan                        1. Understand and are familiar with the Company’s and its
    entitas anak;                                                                subsidiaries’ business activities;
2. Bersifat profesional, memiliki integritas yang tinggi, dan                2. Are professional, possess high integrity, and have the
   mempunyai kemampuan dan pengetahuan mengenai                                  capability and knowledge of remuneration and nomination
   sistem remunerasi dan nominasi; dan                                           systems; and
3. Tidak memiliki kepentingan/keterkaitan pribadi yang dapat                 3. Do not have any personal interests/relationships that
   menimbulkan dampak negatif dan benturan kepentingan                           may create adverse impacts or conflicts of interest
   terhadap Perseroan, atau yang dapat memengaruhi                               with the Company, or that may affect their ability to act
   kemampuannya untuk bertindak independen.                                      independently.


Komposisi anggota Komite Nominasi dan Remunerasi per 31                      The composition of the Nomination and Remuneration
Desember 2025 disajikan dalam tabel berikut:                                 Committee as of December 31, 2025 is presented in the
                                                                             following table:


           Nama                         Posisi di Komite                  Jabatan Lain di Perseroan                           Masa           Periode
           Name                             Position                    Other Positions in the Company                       Jabatan          Period
                                       in the Committee                                                                      Term of
                                                                                                                              Office

Krisana Eamvorasombat           Ketua Komite                    Komisaris Independen                                       2021-2026        Pertama
                                Chair of the Committee          Independent Commissioner                                                    First

Anuvat Chalermchai              Anggota Komite                  Komisaris Utama                                            2021-2026        Pertama
                                Member of the Committee         President Commissioner                                                      First

Eko Raharjo                     Anggota Komite                  Head of Human Resource Business Partners                   2021-2026        Kedua
                                Member of the Committee         dan Head of Compliance                                                      Second
                                                                Head of Human Resource Business Partners
                                                                and Head of Compliance



Masa jabatan Komite Nominasi dan Remunerasi adalah 5 (lima)                  The term of office of the Nomination and Remuneration
tahun sebagaimana tercantum dalam Anggaran Dasar, dan                        Committee is 5 (five) years, as stated in the Articles of
dapat diangkat kembali setelah masa jabatannya berakhir.                     Association, and members may be reappointed upon the
Ketua dan anggota komite yang berasal dari anggota Dewan                     expiration of their term. The term of office of the Chair and
Komisaris, masa jabatannya ditetapkan mengikuti masa                         committee members who are members of the Board of
jabatan Dewan Komisaris.                                                     Commissioners shall be determined in accordance with the
                                                                             term of office of the Board of Commissioners.




                                                                                                 PT Keramika Indonesia Assosiasi Tbk
                                                                                            2025 Annual Report & Sustainability Report             115
Page 118
Profil Komite Nominasi dan Remunerasi                           Profile of the Nomination and Remuneration
                                                                Committee

Krisana Eamvorasombat
Ketua Komite Nominasi dan Remunerasi
Chair of the Nomination and Remuneration Committee

Usia                                                            Age
69 tahun                                                        69 years old

Kewarganegaraan                                                 Nationality
Thailand                                                        Thailand

Dasar Hukum Pengangkatan                                        Legal Basis of Appointment
Diangkat sebagai Ketua Komite Nominasi dan Remunerasi           Appointed as Chair of the Nomination and Remuneration
berdasarkan Keputusan Rapat Dewan Komisaris tanggal 28          Committee pursuant to Decree of the Board of Commissioners
Mei 2021.                                                       dated May 28, 2021.

Profil lengkap beliau, yang saat ini juga menjabat sebagai      Her full profile, as she currently also serves as an Independent
Komisaris Independen, telah diuraikan pada Bab Profil           Commissioner, is detailed in the Company Profile section
Perusahaan Subbab Profil Dewan Komisaris.                       under the Board of Commissioners Profile subsection.



Anuvat Chalermchai
Anggota Komite Nominasi dan Remunerasi
Member of Nomination and Remuneration Committee

Usia                                                            Age
61 tahun                                                        61 years old

Kewarganegaraan                                                 Nationality
Thailand                                                        Thailand

Dasar Hukum Pengangkatan                                        Legal Basis of Appointment
Diangkat sebagai Anggota Komite Nominasi dan Remunerasi         Appointed as a member of the Nomination and Remuneration
berdasarkan Keputusan Rapat Dewan Komisaris tanggal 28          Committee pursuant to Decree of the Board of Commissioners
Mei 2021.                                                       meeting held on May 28, 2021.

Profil lengkap beliau, yang saat ini juga menjabat sebagai      His complete profile, as he currently also serves as President
Komisaris Utama, telah diuraikan pada Bab Profil Perusahaan     Commissioner, is detailed in the Company Profile section
Subbab Profil Dewan Komisaris.                                  under the Board of Commissioners Profile subsection.



Eko Raharjo
Anggota Komite Nominasi dan Remunerasi
Member of Nomination and Remuneration Committee

Usia                                                            Age
43 tahun                                                        43 years old

Kewarganegaraan                                                 Nationality
Indonesia                                                       Indonesia

Dasar Hukum Pengangkatan                                        Legal Basis of Appointment
Diangkat sebagai Anggota Komite Nominasi dan Remunerasi         Appointed as a member of the Nomination and Remuneration
berdasarkan Keputusan Rapat Dewan Komisaris No. 1/2019          Committee pursuant to Decree of the Board of Commissioners
tanggal 31 Januari 2019.                                        No. 1/2019 dated January 31, 2019.

Gelar Pendidikan                                                Educational Background
2004                                                            2004
› Sarjana Ilmu Sosial (Ilmu Administrasi Negara), Universitas   › Bachelor of Social Sciences (Public Administration),
  Sebelas Maret, Surakarta                                        Universitas Sebelas Maret, Surakarta
› Sarjana Hukum Universitas Esa Unggul, Jakarta                 › Bachelor of Laws, Universitas Esa Unggul, Jakarta




            PT Keramika Indonesia Assosiasi Tbk
116         Laporan Tahunan & Laporan Keberlanjutan 2025
Page 119
   Ikhtisar Kinerja | Performance Highlights          Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                        Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                                  Laporan Keberlanjutan | Sustainability Report
                                                     Management Discussion and Analysis




Eko Raharjo
Anggota Komite Nominasi dan Remunerasi
Member of Nomination and Remuneration Committee

Rangkap Jabatan                                                               Concurrent Positions
Oktober 2024-sekarang                                                         October 2024–present
› Head of Human Resource Business Partners (HRBP) dan                         › Head of Human Resources Business Partners (HRBP) and
  Head of Compliance di PT Keramika Indonesia Assosiasi                         Head of Compliance at PT Keramika Indonesia Assosiasi
  Tbk                                                                           Tbk

Riwayat Jabatan                                                               Employment History
2008-2010                                                                     2008–2010
› HR Coordinator di PT Bank Mega Tbk Regional Bandung                         › HR Coordinator at PT Bank Mega Tbk, Bandung Regional
                                                                                Office
2010-2011                                                                     2010–2011
› Branch Card Business & Funding Head di PT Bank Mega                         › Branch Card Business & Funding Head at PT Bank Mega
  Tbk Regional Bandung                                                          Tbk, Bandung Regional Office
2012-2015                                                                     2012–2015
› HGL & Training Head di PT Duta Cendana Adimandiri                           › Head of HGL & Training at PT Duta Cendana Adimandiri
2015-2018                                                                     2015–2018
› HR & GA Legal Manager di PT Prospect Motor Honda                            › HR & GA Legal Manager at PT Prospect Motor Honda
2018-September 2024                                                           2018–September 2024
› PGA Manager di PT Keramika Indonesia Assosiasi Tbk                          › PGA Manager at PT Keramika Indonesia Assosiasi Tbk

Pernyataan Independensi Komite Nominasi dan                                  Statement of Independence of the Nomination
Remunerasi                                                                   and Remuneration Committee

Perseroan memastikan bahwa anggota Komite Nominasi dan                       The Company ensures that members of the Nomination and
Remunerasi melaksanakan fungsinya dengan menjunjung                          Remuneration Committee perform their duties while upholding
tinggi independensi. Seluruh anggota telah menyatakan                        their independence. All members have declared that they have
bahwa tidak memiliki keterkaitan keuangan, kepengurusan,                     no financial, managerial, shareholding, and/or family ties with
kepemilikan saham, dan/atau hubungan keluarga dengan                         other members, the Board of Commissioners, the Board of
anggota lainnya, Dewan Komisaris, Direksi, atau Pemegang                     Directors, or Controlling Shareholders.
Saham Pengendali.


Rapat Komite Nominasi dan Remunerasi                                         Meetings of the Nomination and Remuneration
                                                                             Committee

Kebijakan Rapat                                                              Meeting Policy
Komite Nominasi dan Remunerasi wajib menyelenggarakan                        The Nomination and Remuneration Committee is required to
rapat komite paling sedikit 1 (satu) kali dalam 4 (empat) bulan.             hold committee meetings at least once every 4 (four) months.
Sebelum akhir tahun buku, seluruh anggota komite telah                       Prior to the end of the fiscal year, all committee members have
menerima informasi tentang jadwal rapat, dan agenda rapat                    received information regarding the meeting schedule, the
beserta informasi terkait topik pembahasan. Kebijakan rapat ini              meeting agenda, and related information on discussion topics.
telah sesuai dengan ketentuan POJK 34/2014.                                  This meeting policy is in accordance with the provisions of
                                                                             POJK 34/2014.


Frekuensi Rapat dan Tingkat Kehadiran tahun 2025                             Meeting Frequency and Attendance Rate in 2025
Sepanjang tahun 2025, rapat Komite Nominasi dan Remunerasi                   Throughout 2025, the Nomination and Remuneration
telah dilaksanakan sebanyak 3 kali, dengan tingkat kehadiran                 Committee held 3 meetings, with the following attendance
anggota sebagai berikut:                                                     rates:


     Peserta Rapat                                      Jabatan                                  Jumlah              Jumlah            Persentase
   Meeting Participants                        Position in the Committee                          Rapat            Kehadiran             Tingkat
                                                                                                Number of          Attendance           Kehadiran
                                                                                                Meetings                             Attendance Rate

Krisana Eamvorasombat           Ketua Komite Nominasi dan Remunerasi                                 3                   3                  100%
                                Chair of the Nomination and Remuneration
                                Committee




                                                                                                 PT Keramika Indonesia Assosiasi Tbk
                                                                                            2025 Annual Report & Sustainability Report                   117
Page 120
    Peserta Rapat                                 Jabatan                           Jumlah          Jumlah         Persentase
  Meeting Participants                   Position in the Committee                   Rapat        Kehadiran          Tingkat
                                                                                   Number of      Attendance        Kehadiran
                                                                                   Meetings                      Attendance Rate

Anuvat Chalermchai          Anggota Komite Nominasi dan Remunerasi                      3              3               100%
                            Member of the Nominating and Remuneration
                            Committee

Eko Raharjo                 Anggota Komite Nominasi dan Remunerasi                      3              3               100%
                            Member of the Nominating and Remuneration
                            Committee


Pelatihan dan Pengembangan                      Kompetensi           Training and Competency Development of the
Komite Nominasi dan Remunerasi                                       Nomination and Remuneration Committee

Perseroan senantiasa mendukung peningkatan kapabilitas               The Company consistently supports the enhancement of
Komite Nominasi dan Remunerasi melalui berbagai program              the Nomination and Remuneration Committee’s capabilities
pelatihan dan pengembangan kompetensi. Upaya ini                     through various training and competency development
dilakukan untuk memastikan bahwa setiap anggota memiliki             programs. These efforts are undertaken to ensure that each
pengetahuan, keterampilan, dan wawasan yang relevan dalam            member possesses relevant knowledge, skills, and insights
menjalankan fungsi pengawasan serta mendukung penerapan              in carrying out supervisory functions and in supporting
prinsip GCG. Selama tahun 2025, Ketua Komite Nominasi                the implementation of Good Corporate Governance (GCG)
dan Remunerasi yang juga menjabat sebagai anggota Dewan              principles. During 2025, the Chair of the Nomination and
Komisaris telah mengikuti kegiatan pelatihan sebagaimana             Remuneration Committee, who also serves as a member of
tercantum pada tabel Pelatihan dan Pengembangan                      the Board of Commissioners, participated in training activities
Kompetensi Dewan Komisaris, yang terdapat pada Bab Tata              as presented in the Training and Competency Development
Kelola Perusahaan, Subbab Dewan Komisaris.                           of the Board of Commissioners section, under the Corporate
                                                                     Governance Chapter, Board of Commissioners subsection.


Pelaksanaan Tugas Komite                   Nominasi          dan     Implementation of the Nomination                          and
Remunerasi tahun 2025                                                Remuneration Committee’s Duties in 2025

Pada tahun 2025, Komite Nominasi dan Remunerasi telah                In 2025, the Nomination and Remuneration Committee carried
melaksanakan tugas sesuai dengan tanggung jawab yang                 out its duties in accordance with the responsibilities set out
tercantum dalam Piagam Komite. Pelaksanaan tugas tersebut,           in the Committee Charter. The implementation of these duties
antara lain:                                                         includes:
1. Memberikan rekomendasi kepada Dewan Komisaris terkait             1. Providing recommendations to the Board of Commissioners
    fungsi nominasi yang meliputi aspek seperti komposisi                regarding nomination functions, including aspects such as
    jabatan Dewan Komisaris dan Direksi, kebijakan serta                 the composition of the Board of Commissioners and the
    kriteria dalam proses nominasi, hingga kebijakan evaluasi            Board of Directors, policies and criteria in the nomination
    kinerja Dewan Komisaris dan Direksi;                                 process, as well as performance evaluation policies for the
                                                                         Board of Commissioners and the Board of Directors;
2. Menunjang Dewan Komisaris dalam menjalankan proses                2. Supporting the Board of Commissioners in conducting the
   penilaian kinerja Dewan Komisaris dan Direksi;                        performance assessment of the Board of Commissioners
                                                                         and the Board of Directors;
3. Memberikan rekomendasi kepada Dewan Komisaris terkait             3. Providing recommendations to the Board of Commissioners
   program pengembangan kompetensi Dewan Komisaris dan                   regarding competency development programs for the
   Direksi;                                                              Board of Commissioners and the Board of Directors;
4. Mengajukan rekomendasi calon anggota Dewan Komisaris              4. Proposing candidates for the Board of Commissioners and/
   dan/atau Direksi kepada Dewan Komisaris untuk kemudian                or the Board of Directors to the Board of Commissioners,
   disampaikan dalam Rapat Umum Pemegang Saham                           to be subsequently submitted to the General Meeting of
   (RUPS); dan                                                           Shareholders (GMS); and
5. Memberikan rekomendasi kepada Dewan Komisaris terkait             5. Providing recommendations to the Board of Commissioners
   fungsi remunerasi yang meliputi struktur, kebijakan, dan              regarding remuneration functions, including structure,
   besaran remunerasi serta mendukung Dewan Komisaris                    policies, and remuneration levels, as well as supporting
   dalam mengevaluasi kinerja dengan kesesuaian remunerasi               the Board of Commissioners in evaluating the alignment
   bagi masing-masing anggota Dewan Komisaris dan Direksi.               between performance and remuneration for each member
                                                                         of the Board of Commissioners and the Board of Directors.


              PT Keramika Indonesia Assosiasi Tbk
118           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 121
   Ikhtisar Kinerja | Performance Highlights            Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                          Analisis dan Diskusi Manajemen
 Laporan Manajemen | Management Report                                                                   Laporan Keberlanjutan | Sustainability Report
                                                       Management Discussion and Analysis




Sekretaris Perusahaan
Corporate Secretary


Sekretaris Perusahaan merupakan fungsi yang dibentuk                           The Corporate Secretary is a function established to support
untuk mendukung penerapan prinsip GCG. Fungsi Sekretaris                       the implementation of GCG principles. This Corporate
Perusahaan ini menjadi penghubung antara Perseroan dengan                      Secretary function serves as a liaison between the Company
pemegang saham, regulator, serta pemangku kepentingan                          and shareholders, regulators, and other stakeholders, while
lainnya, sekaligus memastikan keterbukaan informasi dan                        ensuring transparency of information and compliance with
kepatuhan terhadap ketentuan peraturan perundang-undangan                      applicable laws and regulations. Through the performance of
yang berlaku. Melalui pelaksanaan tugasnya, Sekretaris                         its duties, the Corporate Secretary contributes to maintaining
Perusahaan berkontribusi dalam menjaga transparansi,                           transparency, accountability, and the Company’s reputation in
akuntabilitas, serta reputasi Perseroan di mata publik.                        the public eye.


Tugas dan              Tanggung                Jawab     Sekretaris            Duties and Responsibilities of the Corporate
Perusahaan                                                                     Secretary

Mengacu pada POJK No. 35/POJK.04/2014 tentang Sekretaris                       Referring to POJK No. 35/POJK.04/2014 concerning Corporate
Perusahaan Emiten atau Perusahaan Publik, berikut adalah                       Secretary of Issuers or Public Companies, the following are the
tugas utama Sekretaris Perusahaan yang wajib dilaksanakan:                     key duties of the Corporate Secretary that must be performed:
1. Mengikuti perkembangan Pasar Modal, khususnya                               1. Monitoring developments in the Capital Market, particularly
   peraturan perundang-undangan yang berlaku di bidang                             prevailing laws and regulations in the Capital Market sector.
   Pasar Modal.
2. Memberikan masukan kepada Direksi dan Dewan Komisaris                       2. Providing advice to the Board of Directors and the Board of
   untuk memastikan kepatuhan terhadap ketentuan                                  Commissioners to ensure compliance with applicable laws
   peraturan perundang-undangan di bidang Pasar Modal.                            and regulations in the Capital Market sector.
3. Membantu Direksi dan Dewan Komisaris dalam pelaksanaan                      3. Assisting the Board of Directors and the Board of
   tata kelola perusahaan, yang meliputi:                                         Commissioners in implementing corporate governance,
                                                                                  including:
   ›  Keterbukaan informasi kepada masyarakat, termasuk                           › Disclosure of information to the public, including the
      ketersediaan informasi pada situs web perusahaan.                              availability of information on the Company’s website.
   › Penyampaian laporan kepada Otoritas Jasa Keuangan                            › Timely submission of reports to the Financial Services
      (OJK) tepat waktu.                                                             Authority (OJK).
   › Penyelenggaraan dan dokumentasi Rapat Umum                                   › Organizing and documenting the General Meeting of
      Pemegang Saham (RUPS).                                                         Shareholders (GMS).
   › Penyelenggaraan dan dokumentasi rapat Direksi dan/                           › Organizing and documenting meetings of the Board of
      atau Dewan Komisaris.                                                          Directors and/or the Board of Commissioners.
4. Menjadi penghubung antara Perseroan dengan pemegang                         4. Acting as a liaison between the Company and shareholders,
   saham, OJK, serta pemangku kepentingan lainnya.                                the Financial Services Authority (OJK), and other
                                                                                  stakeholders.


Profil Sekretaris Perusahaan                                                   Profile of the Corporate Secretary


Verawaty Trisno Hadijanto
Sekretaris Perusahaan
Corporate Secretary

Kewarganegaraan                                                                 Nationality
Indonesia                                                                       Indonesia

Domisili                                                                        Domicile
Jakarta                                                                         Jakarta




                                                                                                   PT Keramika Indonesia Assosiasi Tbk
                                                                                              2025 Annual Report & Sustainability Report                 119
Page 122
Verawaty Trisno Hadijanto
Sekretaris Perusahaan
Corporate Secretary

Dasar Hukum Pengangkatan                                      Legal Basis of Appointment
Diangkat sebagai Sekretaris Perusahaan berdasarkan            Appointed as Corporate Secretary pursuant to Company’s
Surat Perseroan No. 176/Srt.Corsec-KIA/05.2015 yang           Letter No.176/Srt.Corsec-KIA/05.2015 addressed to the
ditujukan kepada Otoritas Jasa Keuangan (OJK) dan Bursa       Financial Services Authority (OJK) and the Indonesia Stock
Efek Indonesia (BEI) perihal Pemberitahuan Pergantian dan     Exchange (IDX) regarding Notification of Change and
Pengangkatan Sekretaris Perseroan tertanggal 8 Mei 2015.      Appointment of Corporate Secretary dated May 8, 2015.

Gelar Pendidikan                                              Educational Background
2002                                                          2002
› Bachelor Degree of Business and Commerce (Marketing dan     › Bachelor of Business and Commerce (Marketing and
  E-Commerce), Monash University, Malaysia                      E-Commerce), Monash University, Malaysia
2003                                                          2003
› Honours Degree of Bachelor of Business and Commerce,        › Honours Degree of Bachelor of Business and Commerce,
  Monash University, Malaysia                                   Monash University, Malaysia


Rangkap Jabatan                                               Concurrent Positions
Tidak merangkap jabatan di Perseroan                          › No concurrent positions within the Company

Riwayat Jabatan                                               Employment History
Beliau memiliki pengalaman kerja sebagai Marketing di         He has worked in marketing roles in various companies since
berbagai perusahaan sejak tahun 2003 dan bergabung            2003 and joined the Company in 2012.
dengan Perseroan sejak tahun 2012.


Pelatihan dan Pengembangan                    Kompetensi      Training and Competency Development of the
Sekretaris Perusahaan                                         Corporate Secretary

Sekretaris Perusahaan secara berkesinambungan mengikuti       The Corporate Secretary continuously participates in training
program pelatihan dan pengembangan kompetensi. Kegiatan       and competency development programs. These activities aim to
ini bertujuan untuk meningkatkan pengetahuan, keterampilan,   enhance knowledge, skills, and understanding of regulations,
serta pemahaman mengenai regulasi, tata kelola perusahaan,    corporate governance, and best practices in the Capital Market
dan praktik terbaik di bidang Pasar Modal. Pelatihan dan      sector. The training and competency development programs
pengembangan kompetensi yang diikuti sepanjang tahun 2025     attended throughout 2025 are presented in the following table:
ditampilkan dalam tabel berikut:


                               Judul Kegiatan                                    Tanggal               Penyelenggara
                                  Activities                                   Pelaksanaan               Organizer
                                                                                  Date of
                                                                              Implementation

Internal Engagement: Bridging the Generation Gap                           16 Januari 2025        Indonesia Corporate
                                                                           January 16, 2025       Secretary Association
                                                                                                  (ICSA)

Penyegaran POJK bagi Emiten Perusahaan Publik                              23 Januari 2025        Asosiasi Emiten
Update on POJK for Publicly Listed Companies                               January 23, 2025       Indonesia (AEI) dan
                                                                                                  Otoritas Jasa Keuangan
                                                                                                  (OJK)
                                                                                                  Indonesian Public Listed
                                                                                                  Companies Association
                                                                                                  (AEI) and Financial
                                                                                                  Services Authority (OJK)

Peraturan Otoritas Jasa Keuangan No. 45 Tahun 2024 tentang Pengembangan 6 Februari 2025           Otoritas Jasa Keuangan
dan Penguatan Emiten dan Perusahaan Publik                                February 6, 2025        (OJK)
Financial Services Authority Regulation No. 45 of 2024 on the Development                         Financial Services
and Strengthening of Issuers and Publicly Listed Companies                                        Authority (OJK)

Free Float Compliance                                                      28 Februari 2025       Indonesia Stock
                                                                           February 28, 2025      Exchange (IDX)




            PT Keramika Indonesia Assosiasi Tbk
120         Laporan Tahunan & Laporan Keberlanjutan 2025
Page 123
  Ikhtisar Kinerja | Performance Highlights           Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                     Analisis dan Diskusi Manajemen
 Laporan Manajemen | Management Report                                                                 Laporan Keberlanjutan | Sustainability Report
                                                  Management Discussion and Analysis




                                     Judul Kegiatan                                                  Tanggal                   Penyelenggara
                                        Activities                                                 Pelaksanaan                   Organizer
                                                                                                      Date of
                                                                                                  Implementation

Pendalaman POJK No. 9 Tahun 2023 tentang Penggunaan Jasa Akuntan Publik 19 Maret 2025                                     Indonesia Corporate
dan Kantor Akuntan Publik dalam Kegiatan Jasa Keuangan & SEOJK No. 18/ March 19, 2025                                     Secretary Association
SEOJK.03/2023 tentang Tata Cara Penggunaan Jasa Akuntan Publik dan Kantor                                                 (ICSA)
Akuntan Publik dalam Kegiatan Jasa Keuangan
An In-Depth Analysis of POJK No. 9 of 2023 on the Use of Public Accountants
and Public Accounting Firms in Financial Services Activities & SEOJK No. 18/
SEOJK.03/2023 on Procedures for the Use of Public Accountants and Public
Accounting Firms in Financial Services Activities

Pendalaman POJK No. 29 Tahun 2023 tentang Pembelian Kembali Saham yang 15 Mei 2025                                        Indonesia Corporate
Dikeluarkan oleh Perusahaan Terbuka                                         May 15, 2025                                  Secretary Association
An In-Depth Analysis of POJK No. 29 of 2023 on the Buyback of Shares Issued                                               (ICSA)
by Public Companies

Compliance Refreshment                                                                         25 Juni 2025               Indonesia Stock
                                                                                               June 25, 2025              Exchange (IDX)

Pendalaman POJK No. 4 Tahun 2024 tentang Laporan Kepemilikan atau Setiap 29 Juli 2025                                     Indonesia Corporate
Perubahan Kepemilikan Saham Perusahaan Terbuka dan Laporan Aktivitas July 29, 2025                                        Secretary Association
Menjaminkan Saham Perusahaan Terbuka                                                                                      (ICSA)
An In-Depth Analysis of POJK No. 4 of 2024 on Reports of Share Ownership
or Any Changes in Share Ownership of Public Companies and Reports on
Activities Involving the Pledging of Shares of Public Companies

Risk & Governance Summit 2025 – Empowering the GRC Ecosystem to Drive 19 Agustus 2025                                     Otoritas Jasa Keuangan
Economic Growth and National Resilience                               August 19, 2025                                     (OJK)
                                                                                                                          Financial Services
                                                                                                                          Authority (OJK)

Pendalaman POJK No. 17 Tahun 2020 tentang Transaksi Material dan Perubahan 1 September 2025                               Indonesia Corporate
Kegiatan Usaha                                                             September 1, 2025                              Secretary Association
An In-Depth Analysis of POJK No. 17 of 2020 on Material Transactions and                                                  (ICSA)
Changes in Business Activities

Board Governance Forum 2025                                                                    18 September 2025          KPMG Indonesia
                                                                                               September 18, 2025

Eksplorasi E-RUPS: Alternatif Praktis Sistem BAE untuk Kemudahan dan 23 September 2025                                    Asosiasi Emiten
Transparansi bagi Emiten                                                    September 23, 2025                            Indonesia (AEI)
Exploring E-RUPS: A Practical Alternative to the BAE System for Convenience                                               Indonesian Public Listed
and Transparency for Issuers                                                                                              Companies Association
                                                                                                                          (AEI)

Pendalaman POJK No. 9 Tahun 2025 tentang Dematerialisasi Efek Bersifat 14 Oktober 2025                                    Indonesia Corporate
Ekuitas dan Pengelolaan Aset yang Tidak Diklaim di Pasar Modal                October 14, 2025                            Secretary Association
An In-Depth Analysis of POJK No. 9 of 2025 on the Dematerialization of Equity                                             (ICSA)
Securities and the Management of Unclaimed Assets in the Capital Market

Empowering Communities, Strengthening Sustainability                                           21 Oktober 2025            Indonesia Corporate
                                                                                               October 21, 2025           Secretary Association
                                                                                                                          (ICSA)

Media Handling 4.0: Peran Corporate Secretary dalam Era AI dan Reputasi 20 November 2025                                  Indonesia Corporate
Digital                                                                      November 20, 2025                            Secretary Association
Media Handling 4.0: The Role of the Corporate Secretary in the Era of AI and                                              (ICSA)
Digital Reputation

Membangun Sistem Whistleblowing yang Efektif dan Berintegritas Berbasis ISO 1 Desember 2025                               Indonesia Corporate
37002:2021                                                                  December 1, 2025                              Secretary Association
Building an Effective and Ethical Whistleblowing System Based on ISO                                                      (ICSA)
37002:2021




                                                                                                 PT Keramika Indonesia Assosiasi Tbk
                                                                                            2025 Annual Report & Sustainability Report                 121
Page 124
Pelaksanaan Tugas Sekretaris Perusahaan 2025                    Implementation of the Corporate Secretary’s
                                                                Duties in 2025

Sepanjang tahun 2025, Sekretaris Perusahaan melaksanakan        Throughout 2025, the Corporate Secretary carried out its
tugas sesuai dengan tanggung jawabnya sebagaimana diatur        duties in accordance with its responsibilities as stipulated
dalam ketentuan peraturan perundang-undangan. Adapun            under the applicable laws and regulations. The implementation
pelaksanaan tugas tersebut antara lain:                         of these duties includes, among others:
1. Menyelenggarakan Rapat Umum Pemegang Saham (RUPS)            1. Organizing the 2025 Annual General Meeting of
    Tahunan 2025 pada 20 Juni 2025, termasuk memastikan             Shareholders (AGMS) on June 20, 2025, including ensuring
    kelancaran proses, dokumentasi, serta keterbukaan               smooth proceedings, proper documentation, and timely
    informasi kepada pemegang saham.                                disclosure of information to shareholders.
2. Menyelenggarakan Public Expose pada 20 Juni 2025,            2. Organizing the Public Expose on June 20, 2025 as a means
    sebagai sarana komunikasi Perseroan dengan investor dan         of communication between the Company and investors
    publik untuk menyampaikan kinerja serta prospek usaha.          and the public to present the Company’s performance and
                                                                    business prospects.
3. Mengelola keterbukaan informasi melalui situs web dan        3. Managing information disclosure through the Company’s
   kanal resmi Perseroan, guna memastikan pemangku                  website and official channels to ensure stakeholders have
   kepentingan memperoleh akses informasi yang akurat dan           access to accurate and timely information.
   tepat waktu.
4. Mendukung pelaksanaan tata kelola perusahaan, termasuk       4. Supporting the implementation of corporate governance,
   penyampaian laporan kepada Otoritas Jasa Keuangan (OJK)         including the timely submission of reports to the Financial
   dan Bursa Efek Indonesia (BEI) sesuai tenggat waktu, serta      Services Authority (OJK) and the Indonesia Stock Exchange
   dokumentasi rapat Direksi dan Dewan Komisaris.                  (IDX), as well as the documentation of Board of Directors
                                                                   and Board of Commissioners meetings.
5. Mengikuti program pelatihan dan pengembangan                 5. Participating in training and competency development
   kompetensi, untuk meningkatkan pengetahuan dan                  programs to enhance knowledge and understanding of
   pemahaman terkait regulasi, tata kelola, serta praktik          regulations, governance, and best practices in the Capital
   terbaik di bidang Pasar Modal.                                  Market sector.




Unit Audit Internal
Internal Audit Unit

Sebagai bagian dari komitmen perusahaan dalam                   As part of the Company’s commitment to implementing Good
implementasi GCG, Perseroan membentuk Unit Audit Internal.      Corporate Governance (GCG), the Company has established
Keberadaan Unit Audit Internal memiliki peran strategis dalam   an Internal Audit Unit. The Internal Audit Unit plays a strategic
memastikan efektivitas pengendalian internal, serta kepatuhan   role in ensuring the effectiveness of internal control systems
terhadap peraturan yang berlaku. Pembentukan Unit Audit         and compliance with applicable regulations. The establishment
Internal Berdasarkan Peraturan Otoritas Jasa Keuangan           of the Internal Audit Unit is based on the Financial Services
No. 56/POJK.04/2015 tentang Pembentukan dan Pedoman             Authority Regulation No. 56/POJK.04/2015 concerning the
Penyusunan Piagam Unit Audit Internal (“POJK 56/2015”).         Establishment and Guidelines for the Preparation of Internal
                                                                Audit Unit Charter (“POJK 56/2015”).


Piagam Unit Audit Internal                                      Internal Audit Unit Charter

Piagam Unit Audit Internal disusun berdasarkan POJK 56/2015.    The Internal Audit Unit Charter is prepared in accordance with
Piagam ini telah disahkan pada 28 November 2016 dan hingga      POJK 56/2015. The Charter was approved on November 28, 2016
akhir tahun 2025 tetap relevan serta selaras dengan ketentuan   and remains relevant and aligned with applicable regulatory
peraturan yang berlaku. Isi piagam mencakup pengaturan          requirements as of the end of 2025. The Charter covers the
mengenai struktur dan kedudukan Departemen Internal             structure and position of the Internal Audit Department, duties
Audit, tugas dan tanggung jawab, wewenang, kode etik, serta     and responsibilities, authority, code of ethics, and qualification
persyaratan keanggotaan bagi auditor internal.                  requirements for internal auditors.




             PT Keramika Indonesia Assosiasi Tbk
122          Laporan Tahunan & Laporan Keberlanjutan 2025
Page 125
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




Tugas dan Tanggung Jawab Unit Audit Internal                           Duties and Responsibilities of the Internal Audit
                                                                       Unit

Sebagai bagian yang tidak terpisahkan dari struktur                    As an integral part of the Company’s internal control structure,
pengendalian internal Perseroan, Unit Audit Internal berperan          the Internal Audit Unit plays an important role in ensuring
penting dalam memastikan efektivitas tata kelola dan                   the effectiveness of governance and risk management.
manajemen risiko. Untuk itu, Unit Audit Internal memikul tugas         Accordingly, the Internal Audit Unit has the following duties
dan tanggung jawab sebagai berikut:                                    and responsibilities:
1. Menyusun strategi dan rencana kerja audit tahunan.                  1. Preparing the annual audit strategy and work plan.
2. Mempersiapkan dan melaksanakan audit atas efektivitas               2. Preparing and conducting audits on the effectiveness
   sistem pengendalian internal dan manajemen risiko sesuai                of the internal control system and risk management in
   dengan kebijakan Perseroan.                                             accordance with Company policies.
3. Mempersiapkan dan melaksanakan audit operasional                    3. Preparing and conducting operational audits to assess the
   untuk mengukur tingkat efisiensi dan efektivitas semua                  efficiency and effectiveness of all Company activities.
   kegiatan Perseroan.
4. Mempersiapkan dan melaksanakan audit khusus atas                    4. Preparing and conducting special audits upon
   permintaan manajemen.                                                  management’s request.
5. Membuat dan menyampaikan laporan audit, rekomendasi,                5. Preparing and submitting audit reports, recommendations,
   dan tindak lanjut atas temuan audit kepada Presiden                    and follow-up actions on audit findings to the President
   Direktur.                                                              Director.


Struktur dan Kedudukan Unit Audit Internal                             Structure and Position of the Internal Audit Unit

Unit Audit Internal secara struktural berada di bawah Direksi          The Internal Audit Unit is structurally positioned under the
Perseroan dengan posisi langsung di bawah Direktur Utama.              Board of Directors, directly reporting to the President Director.
Dengan kedudukan tersebut, seluruh pelaksanaan tugas dan               In this capacity, the Internal Audit Unit is directly accountable
tanggung jawab Unit Audit Internal dipertanggungjawabkan               to the President Director for the execution of its duties and
langsung kepada Direktur Utama. Dalam menjalankan                      responsibilities. In performing its function, the Internal Audit
fungsinya, Unit Audit Internal juga berkoordinasi dengan Dewan         Unit also coordinates with the Board of Commissioners through
Komisaris melalui Komite Audit, khususnya dalam membahas               the Audit Committee, particularly in discussing findings
temuan yang diperoleh selama proses Audit Internal. Informasi          identified during internal audit processes. Information regarding
mengenai struktur dan kedudukan Unit Audit Internal dalam              the structure and position of the Internal Audit Unit within the
struktur organisasi Perseroan dapat dilihat pada Bab Profil            Company’s organizational structure is presented in the Company
Perusahaan, Subbab Struktur Organisasi.                                Profile Chapter, under the Organizational Structure subsection.


Profil Kepala Unit Audit Internal                                      Profile of the Head of Internal Audit Unit


Dery Halim Zhafir
Kepala Unit Audit Internal
Head of Internal Audit Unit

Kewarganegaraan                                                         Nationality
Indonesia                                                               Indonesia

Dasar Hukum Pengangkatan                                                Legal Basis of Appointment
Diangkat sebagai Kepala Unit Audit Internal berdasarkan                 Appointed as Head of the Internal Audit Unit pursuant to the
Surat Keputusan Perseroan No. 001/CS-KIAS/BOM/IAD/                      Company’s Decree No. 001/CS-KIAS/BOM/IAD/VI/2025 dated
VI/2025 tanggal 1 Juni 2025.                                            June 1, 2025.

Gelar Pendidikan                                                        Educational Background
2018                                                                    2018
› Sarjana Akuntansi, Universitas Airlangga, Surabaya                    › Bachelor of Accounting, Airlangga University, Surabaya

Rangkap Jabatan                                                         Concurrent Positions
Sejak 2023                                                              Since 2023
› Business Audit di PT SCG Indonesia                                    › Business Audit at PT SCG Indonesia

Riwayat Jabatan                                                         Employment History
2019                                                                    2019
› Relationship Manager di PT Bank Negara Indonesia Tbk                  › Relationship Manager at PT Bank Negara Indonesia Tbk
2020 - 2023                                                             2020–2023
› Staff Internal Audit di PT Midi Utama Indonesia Tbk                   › Internal Audit Staff at PT Midi Utama Indonesia Tbk


                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report             123
Page 126
Kualifikasi Personel Unit Audit Internal                               Qualifications of Internal Audit Unit Personnel

Auditor Internal Perseroan memiliki latar belakang pendidikan,         The Company’s internal auditors possess the necessary
pengalaman, serta sertifikasi profesional. Pada tahun 2025             educational background, experience, and professional
Auditor Internal telah memiliki sertifikasi kualifikasi audit yaitu    certifications. In 2025, the Internal Auditor holds an audit
Qualified Internal Audit (QIA) Tingkat Dasar, yang diterbitkan         qualification certification, namely Qualified Internal Audit (QIA)
oleh The Center of Internal Audit Resources (CIAR) – Yayasan           – Basic Level, issued by The Center of Internal Audit Resources
Pendidikan Internal Audit (YPIA).                                      (CIAR) – Yayasan Pendidikan Internal Audit (YPIA).


Rapat Audit Internal                                                   Internal Audit Meetings

Unit Audit Internal memiliki wewenang untuk melaksanakan               The Internal Audit Unit is authorized to conduct periodic and
rapat secara berkala maupun insidental bersama Direksi,                ad hoc meetings with the Board of Directors, the Board of
Dewan Komisaris, dan/atau Komite Audit sebagaimana diatur              Commissioners, and/or the Audit Committee, as stipulated
dalam Pasal 8 POJK No. 56/2015. Rapat ini menjadi sarana               in Article 8 of POJK No. 56/2015. These meetings serve as
koordinasi, evaluasi, dan pemantauan atas program kerja                a platform for coordination, evaluation, and monitoring of
audit, sehingga pelaksanaan kegiatan berlangsung terarah               the audit work program, ensuring that activities are carried
dan mendukung pencapaian tujuan organisasi. Sepanjang                  out in a structured manner and support the achievement of
tahun 2025, Audit Internal telah melaksanakan rapat bersama            organizational objectives. Throughout 2025, the Internal Audit
Komite Audit, Dewan Komisaris, dan Direksi sesuai dengan               function held meetings with the Audit Committee, the Board of
ketentuan yang berlaku.                                                Commissioners, and the Board of Directors in accordance with
                                                                       applicable regulations.


Pelatihan dan Pengembangan Kompetensi Unit                             Training and Competency Development for the
Audit Internal                                                         Internal Audit Unit

Sebagai wujud komitmen terhadap penguatan kapasitas                    As part of its commitment to strengthening human resource
sumber daya manusia, Perseroan secara berkesinambungan                 capabilities, the Company continuously conducts training and
melaksanakan pelatihan dan pengembangan kompetensi bagi                competency development programs for the Internal Audit
Unit Audit Internal. Informasi mengenai program yang telah             Unit. Information regarding programs conducted in 2025 is
dilaksanakan pada tahun 2025 dapat dilihat pada tabel berikut:         presented in the following table:


                 Judul Kegiatan                           Tanggal                                Penyelenggara
                    Activities                          Pelaksanaan                                Organizer
                                                         Event Date

Qualified Internal Audit (QIA) Tingkat Dasar       21 April – 5 Mei 2025    Yayasan Pendidikan Internal Audit (YPIA)
Qualified Internal Audit (QIA) – Basic Level       April 21 – May 5, 2025   The Center of Internal Audit Resources (CIAR)


Pelaksanaan Tugas Unit Audit Internal 2025                             Implementation of the Internal Audit Unit’s
                                                                       Duties in 2025

Unit Audit Internal pada tahun 2025 telah melaksanakan                 In 2025, the Internal Audit Unit implemented its work program in
program kerja sesuai dengan Piagam Internal Audit.                     accordance with the Internal Audit Charter. This implementation
Pelaksanaan tersebut dilakukan secara efektif untuk                    was carried out effectively to ensure that oversight functions
memastikan fungsi pengawasan berjalan optimal dan                      operate optimally and support the implementation of GCG. The
mendukung penerapan GCG. Program kerja yang dijalankan                 work program implemented includes:
mencakup:
1. Bagian pengadaan audit umum; dan                                    1. General audit procurement section; and
2. Bagian pengadaan audit khusus.                                      2. Special audit procurement section.




              PT Keramika Indonesia Assosiasi Tbk
124           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 127
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




Sistem Pengendalian Internal
Internal Control System


Perseroan memandang penerapan Sistem Pengendalian                      The Company considers the implementation of the Internal
Internal (SPI) sebagai elemen fundamental dalam memastikan             Control System (ICS) as a fundamental element in ensuring
keberlangsungan usaha serta pencapaian tujuan bisnis secara            business sustainability and the effective achievement of
efektif. SPI berfungsi sebagai mekanisme yang menjaga                  business objectives. The ICS serves as a mechanism to ensure
kepatuhan terhadap ketentuan yang berlaku, meningkatkan                compliance with applicable regulations, enhance operational
efisiensi operasional, serta memperkuat penerapan prinsip              efficiency, and strengthen the implementation of Good
GCG. Dengan sistem pengendalian yang terintegrasi, Perseroan           Corporate Governance (GCG) principles. With an integrated
mampu menciptakan nilai tambah melalui proses bisnis yang              control system, the Company is able to create added value
berkesinambungan dan menghasilkan kinerja yang optimal.                through sustainable business processes and achieve optimal
                                                                       performance.


Pelaksanaan SPI berada di bawah tanggung jawab Direksi                 The implementation of the ICS is under the responsibility of
dengan dukungan Komite Audit, yang bersama-sama                        the Board of Directors, supported by the Audit Committee,
memastikan penerapan sistem berjalan menyeluruh dan                    which together ensure that the system is implemented
konsisten. Untuk memperkuat efektivitasnya, Perseroan juga             comprehensively and consistently. To strengthen its
melibatkan Unit Audit Internal sebagai pihak independen                effectiveness, the Company also involves the Internal Audit Unit
yang berperan melakukan pemantauan, menyampaikan                       as an independent party responsible for monitoring, providing
rekomendasi perbaikan, serta mendorong penyempurnaan                   improvement recommendations, and driving continuous
berkelanjutan atas mekanisme pengendalian.                             enhancement of control mechanisms.


Lebih lanjut, keterlibatan aktif seluruh jajaran organisasi            Furthermore, the active involvement of all organizational levels
menjadi faktor penentu keberhasilan penerapan SPI.                     is a key factor in the success of the ICS implementation. The
Partisipasi dari setiap unit kerja memastikan bahwa sistem             participation of each work unit ensures that the control system
pengendalian tidak hanya dijalankan sebagai prosedur                   is not merely implemented as a formal procedure, but is also
formal, tetapi juga diinternalisasi sebagai budaya kerja yang          internalized as a working culture that supports accountability,
mendukung akuntabilitas, transparansi, dan keberlangsungan             transparency, and the long-term sustainability of the Company.
usaha Perseroan dalam jangka panjang.


Pengendalian Keuangan dan Operasional                                  Financial and Operational Controls

Perseroan menyadari bahwa pengendalian keuangan dan                    The Company recognizes that financial and operational
operasional merupakan bagian penting dalam menjaga                     controls are essential in maintaining the trust of shareholders
kepercayaan pemegang saham dan seluruh pemangku                        and all stakeholders. Therefore, all policies and procedures
kepentingan. Karena itu, setiap kebijakan dan prosedur                 are designed not only to comply with applicable regulations,
dirancang untuk memenuhi ketentuan yang berlaku, juga                  but also to ensure that business activities are conducted in an
untuk memastikan kegiatan usaha berjalan tertib, efisien, dan          orderly and efficient manner, while delivering added value for
memberikan nilai tambah bagi keberlangsungan bisnis.                   business sustainability.


Dalam aspek keuangan, pengendalian dilakukan melalui                   In the financial aspect, controls are implemented through
pencatatan yang akurat dan pelaporan yang transparan.                  accurate recording and transparent reporting. The resulting
Informasi yang dihasilkan menjadi dasar pengambilan                    information serves as a basis for sound decision-making
keputusan yang tepat sekaligus mencerminkan komitmen                   and reflects the Company’s commitment to integrity and
Perseroan terhadap integritas dan kepatuhan. Pengawasan                compliance. Oversight of financial transactions is also
atas transaksi keuangan juga diperkuat agar risiko kerugian            strengthened to minimize potential risks of loss and to maintain
dapat ditekan dan keandalan sistem tetap terjaga.                      the reliability of the system.


Di sisi operasional, pengendalian difokuskan pada konsistensi          On the operational side, controls are focused on the consistency
prosedur kerja, pemanfaatan sumber daya secara optimal, serta          of work procedures, optimal utilization of resources, and the
penerapan langkah mitigasi risiko di setiap tahapan produksi           implementation of risk mitigation measures at every stage of
dan distribusi. Perseroan berupaya memastikan operasional              production and distribution. The Company strives to ensure



                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report             125
Page 128
berjalan lancar, produktif, dan mendukung pencapaian standar      that operations run smoothly, productively, and in support of
kualitas yang diharapkan pelanggan maupun pemegang                the achievement of quality standards expected by customers
saham.                                                            and shareholders.


Kepatuhan        terhadap      Peraturan       Perundang-         Compliance with Laws and Regulations
Undangan

Perseroan menegaskan komitmennya untuk menjalankan                The Company affirms its commitment to conducting business
kegiatan usaha secara beretika melalui kepatuhan penuh            activities ethically through full compliance with all applicable
terhadap seluruh peraturan perundang-undangan yang                laws and regulations. This compliance is regarded as a
berlaku. Kepatuhan ini dipandang sebagai landasan penting         fundamental pillar in maintaining the trust of shareholders,
dalam menjaga kepercayaan pemegang saham, regulator, dan          regulators, and all stakeholders.
seluruh pemangku kepentingan.


Untuk memastikan konsistensi penerapan, Perseroan                 To ensure consistent implementation, the Company integrates
mengintegrasikan Sistem Pengendalian Internal yang                a comprehensive Internal Control System to monitor and align
komprehensif guna memantau dan menyesuaikan setiap                all policies, procedures, and operational activities with the
kebijakan, prosedur, serta aktivitas operasional agar selalu      latest regulatory developments. Through this mechanism, the
selaras dengan perkembangan regulasi terkini. Dengan              Company not only ensures compliance with legal requirements
mekanisme tersebut, Perseroan tidak hanya memastikan              but also continuously strengthens the implementation of Good
kepatuhan terhadap ketentuan hukum, tetapi juga memperkuat        Corporate Governance (GCG).
implementasi GCG secara berkelanjutan.


Tinjauan atas Efektivitas Sistem Pengendalian                     Review of the Effectiveness of the Internal
Internal                                                          Control System

Efektivitas Sistem Pengendalian Internal (SPI) merupakan          The effectiveness of the Internal Control System (ICS) is an
bagian dari komitmen Perseroan dalam menjaga kualitas             integral part of the Company’s commitment to maintaining
tata kelola dan memastikan operasional berjalan sesuai            governance quality and ensuring that operations are conducted
dengan tujuan bisnis. Oleh karena itu, Perseroan secara           in line with business objectives. Accordingly, the Company
berkala melakukan tinjauan atas efektivitas SPI. Dalam hal ini,   conducts periodic reviews of the effectiveness of the ICS. In this
Perseroan perlu menilai kepatuhan terhadap prosedur, serta        regard, the Company evaluates compliance with procedures
mengukur sejauh mana sistem pengendalian mendukung                and measures the extent to which the control system supports
efisiensi, transparansi, dan pengelolaan risiko.                  efficiency, transparency, and risk management.


Internal Audit Departemen (IAD) selaku Satuan Pengawasan          The Internal Audit Department (IAD), as the Internal Control
Internal bertanggung jawab terhadap tinjauan atas efektivitas     Unit, is responsible for reviewing the effectiveness of the ICS.
SPI. Melalui kegiatan audit dan pemantauan, IAD menyusun          Through audit and monitoring activities, the IAD prepares
laporan evaluasi yang menjadi rujukan bagi Manajemen              evaluation reports that serve as references for Management in
dalam menilai efektivitas SPI. Laporan tersebut memberikan        assessing the effectiveness of the ICS. These reports provide
gambaran mengenai area yang telah berjalan baik sekaligus         an overview of areas that are functioning well, as well as
mengidentifikasi aspek yang memerlukan perbaikan.                 identifying aspects that require improvement.


Sepanjang tahun 2025, IAD telah melaksanakan tinjauan             Throughout 2025, the IAD conducted a review of the
atas efektivitas SPI dan hasilnya menunjukkan bahwa sistem        effectiveness of the ICS, and the results indicated that the
pengendalian telah berjalan dengan baik serta mendukung           control system has been operating effectively and supporting
kelancaran aktivitas usaha Perseroan. Temuan ini memberikan       the continuity of the Company’s business activities. These
keyakinan bahwa mekanisme pengendalian diterapkan secara          findings provide assurance that control mechanisms have
konsisten di seluruh lini operasional. Lebih dari itu, hasil      been consistently implemented across all operational lines.
evaluasi juga menjadi masukan penting bagi Manajemen dalam        Furthermore, the evaluation results serve as important input
memperkuat kebijakan dan prosedur operasional. Dengan             for Management in strengthening policies and operational
tindak lanjut yang tepat, Perseroan dapat memperkuat sistem       procedures. With appropriate follow-up actions, the Company
pengendalian, meningkatkan keandalan informasi keuangan,          is able to enhance its control system, improve the reliability of
serta memastikan kepatuhan terhadap regulasi dan penerapan        financial information, and ensure compliance with regulations
GCG.                                                              and the implementation of GCG principles.




             PT Keramika Indonesia Assosiasi Tbk
126          Laporan Tahunan & Laporan Keberlanjutan 2025
Page 129
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




Pernyataan Dewan Komisaris dan Direksi atas                            Statement of the Board of Commissioners and
Kecukupan Sistem Pengendalian Internal Tahun                           the Board of Directors on the Adequacy of the
2025                                                                   Internal Control System in 2025

Dewan Komisaris dan Direksi menilai bahwa penerapan Sistem             The Board of Commissioners and the Board of Directors
Pengendalian Internal (SPI) sepanjang tahun 2025 telah                 assess that the implementation of the Internal Control System
berjalan secara memadai untuk mendukung keberlangsungan                (ICS) throughout 2025 has been adequate to support the
usaha Perseroan. Penilaian ini didasarkan pada hasil                   Company’s business continuity. This assessment is based on
pengawasan yang dilakukan secara berkesinambungan,                     continuous supervisory activities, reports from the Internal
laporan dari Internal Audit Departemen (IAD), serta pemantauan         Audit Department (IAD), and monitoring of the implementation
atas pelaksanaan kebijakan dan prosedur di seluruh unit kerja.         of policies and procedures across all work units.


SPI yang diterapkan dinilai mampu memberikan keyakinan atas            The implemented ICS is considered capable of providing
keandalan informasi keuangan, efektivitas pengelolaan risiko,          reasonable assurance regarding the reliability of financial
serta kepatuhan terhadap ketentuan perundang-undangan.                 information, the effectiveness of risk management, and
Dewan Komisaris dan Direksi juga mencermati bahwa sistem               compliance with applicable laws and regulations. The Board of
pengendalian telah berfungsi secara konsisten dalam                    Commissioners and the Board of Directors also note that the
menjaga integritas proses bisnis dan mendukung terciptanya             control system has functioned consistently in maintaining the
operasional yang efisien serta transparan.                             integrity of business processes and supporting efficient and
                                                                       transparent operations.


Selain itu, Dewan Komisaris dan Direksi memandang bahwa                Furthermore, the Board of Commissioners and the Board of
kecukupan SPI tercermin dari kemampuan sistem untuk                    Directors consider that the adequacy of the ICS is reflected
menyesuaikan diri dengan dinamika usaha dan perubahan                  in its ability to adapt to business dynamics and regulatory
regulasi. Mekanisme pengendalian yang ada telah menjadi                changes. The existing control mechanisms have become an
bagian penting dalam memastikan setiap kebijakan dan                   important element in ensuring that all policies and procedures
prosedur tetap relevan dengan kebutuhan Perseroan di tahun             remain relevant to the Company’s needs during the year under
berjalan.                                                              review.




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report             127
Page 130
Sistem Manajemen Risiko
Risk Management System


Gambaran Umum Sistem Manajemen Risiko                                Overview of the Company’s Risk Management
Perseroan                                                            System

Sebagai bagian dari strategi operasional, manajemen risiko           As part of its operational strategy, risk management plays an
berperan penting dalam menjaga keberlangsungan usaha                 important role in ensuring business continuity while supporting
sekaligus mendukung pencapaian tujuan jangka panjang.                the achievement of long-term objectives. To ensure consistent
Untuk memastikan pengelolaan risiko berjalan konsisten,              risk management practices, the Company has developed a
Perseroan telah mengembangkan Sistem Manajemen Risiko                comprehensive and integrated Risk Management System
yang komprehensif dan terintegrasi di seluruh lini bisnis.           across all business lines. This framework serves as a guideline
Kerangka kerja ini menjadi pedoman bagi proses identifikasi,         for identifying, analyzing, and controlling various potential
analisis, serta pengendalian atas berbagai potensi risiko yang       risks that may affect operational and financial performance.
dapat memengaruhi kinerja operasional maupun keuangan.


Penerapan sistem tersebut memberikan landasan bagi                   The implementation of this system provides a foundation for
pengawasan yang berkesinambungan, sehingga potensi                   continuous monitoring, thereby minimizing potential losses
kerugian dapat ditekan dan stabilitas usaha tetap terjaga.           and maintaining business stability. Through a structured
Melalui mekanisme yang terstruktur, perusahaan berkomitmen           mechanism, the Company is committed to creating a
untuk menciptakan lingkungan kerja yang aman, mendukung              safe working environment, supporting sustainability, and
keberlanjutan, serta memperkuat fondasi tata kelola yang baik        strengthening the foundation of good corporate governance in
dalam setiap aktivitas bisnis.                                       all business activities.


Penilaian Risiko                                                     Risk Assessment

Penilaian risiko dijalankan sebagai proses yang sistematis           Risk assessment is carried out as a systematic process to
untuk mengenali dan mengevaluasi peristiwa yang berpotensi           identify and evaluate events that may affect the achievement
memengaruhi pencapaian tujuan organisasi. Peristiwa                  of organizational objectives. These events may represent
tersebut dapat berupa peluang maupun ancaman, yang                   either opportunities or threats arising from external factors
bersumber dari faktor eksternal seperti tren ekonomi,                such as economic trends, regulatory changes, and competitive
perubahan regulasi, dan intensitas persaingan, maupun dari           intensity, as well as internal factors such as operational process
faktor internal seperti efektivitas proses operasional, kondisi      effectiveness, infrastructure conditions, and community
infrastruktur, dan keterlibatan masyarakat. Setiap peristiwa         engagement. Any event that is relevant to business objectives
yang memiliki keterkaitan dengan tujuan usaha serta dapat            and whose impact can be reasonably estimated is classified as
diperkirakan dampaknya dikategorikan sebagai risk event, yaitu       a risk event, namely the possibility of an occurrence that may
kemungkinan terjadinya suatu kejadian dengan konsekuensi             affect the achievement of strategic targets.
terhadap pencapaian sasaran strategis.


Untuk menjaga konsistensi metodologi, Perseroan menetapkan           To maintain methodological consistency, the Company
risk matrix sebagai standar penilaian di seluruh unit kerja. Dalam   establishes a risk matrix as a standardized assessment tool
praktiknya, risk owner menggunakan berbagai pendekatan               across all business units. In practice, risk owners apply various
untuk menilai tingkat kemungkinan dan dampak, antara lain            approaches to assess likelihood and impact, including scenario
melalui scenario analysis, correlation analysis, maupun metode       analysis, correlation analysis, and benchmarking methods.
perbandingan. Hasil penilaian kemudian diukur terhadap               The results of the assessment are then measured against
batas risiko yang telah ditetapkan sesuai dengan risk appetite       risk thresholds defined in accordance with the Company’s
Perseroan. Dengan mekanisme ini, pengelolaan risiko dapat            risk appetite. Through this mechanism, risk management is
dijalankan secara terukur, sehingga tingkat risk exposure tetap      conducted in a measurable manner, ensuring that the level
berada dalam batas yang dapat diterima organisasi.                   of risk exposure remains within the organization’s acceptable
                                                                     limits.




              PT Keramika Indonesia Assosiasi Tbk
128           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 131
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




Jenis Risiko dan Cara Pengelolaannya                                   Types of Risk and Their Management

Dalam menjalankan kegiatan usaha, berbagai risiko dapat                In conducting its business activities, various risks may arise
muncul dan memengaruhi keberlangsungan maupun                          and affect business continuity as well as the achievement of
pencapaian tujuan strategis. Oleh karena itu, pada tahun 2025          strategic objectives. Therefore, in 2025, the Company carried
Perseroan melakukan pemetaan secara komprehensif untuk                 out a comprehensive risk mapping to ensure that all potential
memastikan setiap potensi risiko teridentifikasi dengan baik.          risks were properly identified. The results of this mapping
Hasil pemetaan tersebut kemudian dikelompokkan ke dalam                were then classified into nine main risk categories, enabling
sembilan jenis risiko utama, sehingga pengelolaan risiko dapat         risk management to be conducted in a targeted manner and in
dilakukan secara terarah dan sesuai dengan karakteristik               accordance with the characteristics of each category.
masing-masing kategori.


Informasi rinci tentang jenis risiko dan cara pengelolaannya           Detailed information on the types of risks and their management
disajikan sebagai berikut:                                             approaches is presented as follows:
1. Risiko Keselamatan, Kesehatan, dan Lingkungan                       1. Health, Safety, and Environmental
    Kategori ini mencakup dua aspek utama:                                Risks This category covers two main aspects:
    a. Keselamatan dan kesehatan kerja: kemungkinan                       a. Occupational health and safety: the possibility of
        terjadinya kecelakaan atau gangguan kesehatan yang                    accidents or health issues affecting employees; and
        berpengaruh terhadap karyawan; dan
    b. Kerusakan lingkungan: potensi dampak negatif                         b. Environmental damage: potential negative impacts
        terhadap lingkungan sekitar yang timbul dari aktivitas                 on the surrounding environment arising from the
        operasional Perseroan.                                                 Company’s operational activities.


   Cara Pengelolaan:                                                        Management Measures:
   a. Melaksanakan pemeriksaan kesehatan karyawan                           a. Conducting regular employee health checkups,
      secara berkala, menyediakan asuransi kesehatan dan                       providing health insurance and social security, as well
      BPJS Ketenagakerjaan, serta menyediakan fasilitas                        as providing adequate clinic facilities and reimbursing
      klinik yang memadai dan memberikan fasilitas                             employees for medical expenses;
      penggantian biaya pengobatan bagi karyawan;
   b. Mengimplementasikan program keselamatan kerja dan                     b. Implementing occupational safety and environmental
      keberlanjutan lingkungan yang mencakup karyawan,                         sustainability programs that cover employees, their
      keluarga, serta komunitas di sekitar wilayah operasi,                    families, and the communities surrounding the
      dengan tujuan menciptakan lingkungan yang aman dan                       operational areas, with the aim of creating a safe and
      produktif; dan                                                           productive environment; and
   c. Menetapkan Unit Pengelolaan Lingkungan Hidup                          c. Establishing an Environmental Management Unit (UKL)
      (UKL) dan Upaya Pemantauan Lingkungan Hidup                              and Environmental Monitoring Efforts (UPL) at each
      (UPL) di setiap pabrik sesuai arahan manajemen,                          factory in accordance with management directives, to
      guna memastikan pengendalian dampak lingkungan                           ensure consistent control of environmental impacts.
      berjalan konsisten.


2. Risiko Kepatuhan                                                    2. Compliance Risk
   Risiko kepatuhan mencakup potensi ketidakpatuhan                       Compliance risk encompasses the potential for non-
   terhadap hukum dan peraturan, komitmen sosial maupun                   compliance with laws and regulations, social and business
   bisnis, serta kebijakan internal perusahaan. Risiko ini                commitments, and internal company policies. This risk can
   dapat memengaruhi keberlangsungan usaha apabila tidak                  affect business continuity if not managed consistently.
   dikelola secara konsisten.


   Cara Pengelolaan:                                                        Management Measures:
   a. Perseroan memastikan setiap Departemen memahami                       a. The Company ensures that each department
      pembaruan regulasi yang relevan dengan aktivitasnya,                     understands regulatory updates relevant to its activities
      serta melakukan penyesuaian terhadap peraturan dan                       and makes adjustments to comply with applicable laws
      perundang-undangan yang berlaku; dan                                     and regulations; and
   b. Setiap departemen menyampaikan informasi regulasi                     b. Each department regularly provides updates on
      terkini secara berkala, kemudian dilakukan pemeriksaan                   regulatory information, followed by a review of
      kesesuaian dengan kondisi aktual. Apabila ditemukan                      compliance with current conditions. If non-compliance




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report             129
Page 132
       ketidakpatuhan, disusun rencana penyesuaian proses            is identified, a plan is developed to adjust business
       bisnis agar selaras dengan ketentuan yang berlaku.            processes to align with applicable regulations.


3. Risiko Aktiva Tidak Berwujud                               3. Intangible Asset Risk
   Risiko ini meliputi aspek reputasi, termasuk potensi          This risks include reputational aspects, such as the
   penurunan citra perusahaan, serta risiko atas merek           potential for damage to the company’s image, as well as
   dagang dan kekayaan intelektual yang dapat timbul akibat      risks related to trademarks and intellectual property that
   penyalahgunaan atau penggunaan tanpa izin oleh pihak          may arise from misuse or unauthorized use by third parties.
   lain.


   Cara Pengelolaan:                                             Management Measures:
   Perseroan melakukan pendaftaran merek dagang dan              The Company registers its trademarks and other intellectual
   kekayaan intelektual lainnya kepada Direktorat Jenderal       property with the Directorate General of Intellectual
   Kekayaan Intelektual Kementerian Hukum dan Hak Asasi          Property of the Ministry of Law and Human Rights of the
   Manusia Republik Indonesia sebagai langkah perlindungan       Republic of Indonesia as a legal protection measure. This
   hukum. Upaya ini bertujuan mencegah penggunaan oleh           effort aims to prevent unauthorized use by third parties
   pihak lain serta memastikan hak eksklusif Perseroan atas      and ensure that the Company’s exclusive rights to its
   merek dan aset intelektual tetap terjaga.                     trademarks and intellectual property remain protected.


4. Risiko Bahaya                                              4. Hazard Risk
   Risiko bahaya meliputi kemungkinan terjadinya bencana         Hazard risk includes the possibility of natural disasters,
   alam, seperti gempa bumi, banjir, atau peristiwa alam         such as earthquakes, floods, or other natural events,
   lainnya, yang berpotensi menimbulkan gangguan terhadap        which have the potential to disrupt business operations.
   kegiatan usaha. Selain itu, risiko juga dapat muncul          In addition, risks may also arise from man-made disasters,
   dari bencana yang disebabkan oleh manusia, termasuk           including workplace accidents, fires, and technical
   kecelakaan kerja, kebakaran, maupun gangguan teknis,          malfunctions, which can directly impact the Company’s
   yang dapat berdampak langsung pada kelancaran                 operational continuity.
   operasional Perseroan.


   Cara Pengelolaan:                                             Management Measures:
   a. Perseroan mempromosikan lingkungan kerja dengan            a. The Company promotes a zero-accident workplace
      target nihil kecelakaan, yang diimplementasikan dan           environment, which is implemented and monitored by
      diawasi oleh Komite Keselamatan dan Kesehatan Kerja.          the Occupational Health and Safety Committee.
   b. Dalam keadaan darurat, Perseroan mengaktifkan              b. In emergency situations, the Company activates
      Business Continuity Management (BCM) untuk                    Business Continuity Management (BCM) to ensure
      memastikan setiap unit kerja dan karyawan yang                that every affected work unit and employee can
      terdampak dapat segera menindaklanjuti sesuai                 immediately follow up in accordance with the BCM
      rencana BCM. Salah satu langkah konkret adalah                plan. One concrete measure is the provision of a
      penyediaan ruang pengendalian untuk memonitor                 control room to monitor potential accidents, including
      potensi kecelakaan, termasuk risiko listrik, sehingga         electrical risks, so that responses can be carried out
      penanganan dapat dilakukan secara cepat dan terukur.          quickly and effectively.


5. Risiko Input                                               5. Input Risk
   Risiko input mencakup keterbatasan atau gangguan              Input risk includes limitations or disruptions to key factors
   pada faktor-faktor utama yang mendukung proses                supporting the production process, such as the availability
   produksi, meliputi ketersediaan dan kualitas bahan baku,      and quality of raw materials, energy requirements to
   kebutuhan energi     untuk menjaga kelancaran produksi        maintain smooth production and operations, an adequate
   dan operasional, kecukupan tenaga kerja yang sesuai           workforce aligned with production needs, and the condition
   dengan kebutuhan produksi, serta kondisi mesin dan            of machinery and equipment that may affect process
   perlengkapan yang dapat memengaruhi efisiensi maupun          efficiency or continuity.
   keberlangsungan proses.


   Cara Pengelolaan:                                             Management Approach:
   a. Melakukan pemantauan persediaan bahan baku                 a. Conducting regular monitoring of raw material
      secara rutin, dengan menetapkan batas minimum dan             inventory, setting minimum and maximum thresholds
      maksimum untuk menentukan periode restock;                    to determine restocking intervals;



            PT Keramika Indonesia Assosiasi Tbk
130         Laporan Tahunan & Laporan Keberlanjutan 2025
Page 133
   Ikhtisar Kinerja | Performance Highlights     Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                   Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                           Laporan Keberlanjutan | Sustainability Report
                                                Management Discussion and Analysis




   b. Menyusun perencanaan produksi bulanan agar                             b. Developing monthly production plans to estimate and
      kebutuhan energi dapat diperkirakan dan dikelola                          efficiently manage energy requirements;
      secara efisien;
   c. Melaksanakan maintenance mesin dan peralatan                           c. Performing periodic maintenance on production
      produksi secara berkala untuk menjaga keandalan                           machinery and equipment to ensure operational
      operasional; dan                                                          reliability; and
   d. Mengatur dan membagi jam kerja ke dalam beberapa                       d. Organizing and dividing working hours into shifts to
      shift guna memastikan kecukupan SDM yang                                  ensure sufficient human resources to support the
      mendukung proses produksi.                                                production process.


6. Risiko Operasional                                                   6. Operational Risk
   Risiko operasional mencakup berbagai aspek yang                         Operational risk encompasses various aspects directly
   berkaitan langsung dengan kegiatan usaha Perseroan,                     related to the Company’s business activities, including
   antara lain operasional pabrik, penjualan dan pemasaran,                plant operations, sales and marketing, distribution, human
   distribusi, pengelolaan Sumber Daya Manusia, dukungan                   resources management, information technology system
   sistem teknologi informasi, kegiatan engineering/                       support, engineering/construction activities, and labor
   konstruksi, serta hubungan dengan serikat buruh. Risiko ini             union relations. These risks may disrupt business processes
   dapat memengaruhi kelancaran proses bisnis apabila tidak                if not managed appropriately.
   dikelola secara tepat.


   Cara Pengelolaan:                                                         Management Measures:
   a. Perseroan senantiasa memonitor perkembangan yang                       a. The Company continuously monitors developments in
      terjadi di lapangan secara berkala;                                       the field on a regular basis;
   b. Menyusun rencana mitigasi untuk mengurangi potensi                     b. Developing mitigation plans to reduce potential risks
      risiko yang mungkin terjadi;                                              that may arise;
   c. Melaksanakan       langkah     pengelolaan    secara                   c. Implementing continuous management measures
      berkesinambungan agar setiap unit operasional mampu                       so that each operational unit can respond quickly to
      merespons perubahan kondisi dengan cepat; dan                             changing conditions; and
   d. Menjaga stabilitas kegiatan usaha melalui koordinasi                   d. Maintaining business stability through cross-unit
      lintas unit dan penerapan prosedur operasional yang                       coordination and the consistent application of
      konsisten.                                                                operational procedures.


7. Risiko Keuangan                                                      7. Financial Risk
   Risiko keuangan mencakup potensi gangguan yang timbul                   Financial risk encompasses potential disruptions arising
   dari fluktuasi nilai tukar mata uang, perubahan tingkat suku            from fluctuations in exchange rates, changes in interest
   bunga, keterbatasan likuiditas, risiko kredit, serta dinamika           rates, liquidity constraints, credit risk, and financial market
   pasar keuangan yang dapat memengaruhi stabilitas usaha                  dynamics that may affect the Company’s business stability.
   Perseroan.


   Cara Pengelolaan:                                                         Management Measures:
   a. Perseroan senantiasa memonitor pergerakan nilai tukar                  a. The Company continuously monitors currency
      mata uang di pasar, serta faktor eksternal maupun                         exchange rate movements in the market, as well as
      internal yang berpotensi memengaruhi stabilitas                           external and internal factors that could potentially
      keuangan; dan                                                             affect financial stability; and
   b. Pemantauan dilakukan secara berkesinambungan                           b. Monitoring is conducted on an ongoing basis to support
      untuk mendukung pengambilan keputusan yang tepat,                         sound decision-making, maintain liquidity, and mitigate
      menjaga likuiditas, dan mengurangi dampak negatif                         the negative impact of changing market conditions.
      dari perubahan kondisi pasar.


8. Risiko Bisnis                                                        8. Business Risk
   Risiko bisnis mencakup faktor-faktor eksternal yang                     Business risk encompasses external factors that may
   dapat memengaruhi keberlangsungan usaha, antara lain                    affect business continuity, including general business
   kondisi lingkungan bisnis secara umum seperti dinamika                  environment conditions such as socio-political and
   sosial politik dan makroekonomi, serta risiko yang timbul               macroeconomic dynamics, as well as risks arising from
   dari karakteristik industri, termasuk perilaku konsumen,                industry characteristics, including consumer behavior,
   persaingan usaha, dan perkembangan teknologi.                           business competition, and technological developments.



                                                                                            PT Keramika Indonesia Assosiasi Tbk
                                                                                       2025 Annual Report & Sustainability Report             131
Page 134
   Cara Pengelolaan:                                                  Management Measures:
   a. Perseroan senantiasa memonitor perkembangan                     a. The Company continuously monitors macroeconomic,
      makroekonomi, sosial politik, serta dinamika industri              socio-political, and evolving ceramic industry dynamics;
      keramik yang terus berubah; dan                                    and
   b. Penyesuaian dilakukan secara berkesinambungan                   b. Adjustments are made on an ongoing basis to align with
      agar sejalan dengan perubahan tren, perkembangan                   changing trends, technological advancements, and
      teknologi, dan kebutuhan konsumen, sehingga daya                   consumer needs, thereby maintaining competitiveness
      saing dan keberlanjutan usaha tetap terjaga.                       and business sustainability.


9. Risiko Keamanan Digital                                         9. Digital Security Risk
   Risiko keamanan digital mencakup potensi kebocoran                 Digital security risks include the potential for data breaches
   atau kehilangan data akibat ancaman siber, pencurian               or loss due to cyber threats, data theft, online fraud, or
   data, penipuan daring, maupun serangan malware yang                malware attacks that could disrupt operations and cause
   dapat mengganggu kelancaran operasional dan merugikan              harm to the Company.
   Perseroan.


   Cara Pengelolaan:                                                  Management Measures:
   a. Perseroan mendorong seluruh karyawan untuk                      a. The Company encourages all employees to prioritize
      memprioritaskan keamanan data, khususnya dokumen                   data security, particularly for important documents,
      penting, melalui sosialisasi menyeluruh dengan                     through comprehensive awareness campaigns via
      mekanisme e-mail blast;                                            email blasts;
   b. Menerapkan pengendalian internal di bidang teknologi            b. Implementing internal controls in the technology and
      dan digital sesuai dengan e-Policy, yang mencakup                  digital sectors in accordance with the e-Policy, which
      pengendalian untuk pengguna, pemilik aplikasi, serta               includes controls for users, application owners, and IT
      staf IT;                                                           staff;
   c. Memperkuat keamanan data di lingkungan kerja                    c. Strengthening data security in the workplace by
      dengan mengaktifkan program antivirus pada komputer                activating antivirus programs on the Company’s
      Perseroan, memastikan koneksi internet kantor aman                 computers, ensuring secure and controlled office
      dan terkendali, serta menggunakan perangkat lunak                  internet connections, and using official software to
      resmi untuk mendukung operasional;                                 support operations;
   d. Memastikan pengiriman data atau informasi hanya                 d. Ensuring that data or information is only sent to
      dilakukan kepada penerima yang memiliki otoritas; dan              authorized recipients; and
   e. Senantiasa mengikuti perkembangan terbaru mengenai              e. Continuously monitoring the latest developments
      ancaman siber untuk mempersiapkan respons yang                     regarding cyber threats to prepare for faster and more
      lebih cepat dan akurat.                                            accurate responses.


Tinjauan atas Efektivitas Sistem Manajemen                         A Review of the Effectiveness of the Risk
Risiko                                                             Management System

Perseroan memandang Sistem Manajemen Risiko diperlukan             The Company believes that a Risk Management System is
dalam menjaga keberlangsungan usaha sekaligus memperkuat           essential for ensuring business continuity and strengthening
implementasi GCG. Sistem ini dirancang untuk memastikan            the implementation of good corporate governance. This
setiap aktivitas operasional dijalankan dengan prinsip kehati-     system is designed to ensure that all operational activities are
hatian, sehingga potensi risiko yang dapat mengganggu kinerja      conducted in accordance with the principle of prudence, so that
maupun reputasi perusahaan dapat diantisipasi sejak dini.          potential risks that could disrupt the Company’s performance
                                                                   or reputation can be anticipated at an early stage.


Efektivitas Sistem Manajemen Risiko bergantung pada                The effectiveness of a risk management system depends on
keterlibatan aktif seluruh elemen organisasi. Direksi berperan     the active involvement of all elements of the organization. The
sebagai pengarah utama yang memastikan kebijakan,                  Board of Directors serves as the primary guiding body, ensuring
prosedur, serta infrastruktur pendukung berjalan secara            that policies, procedures, and supporting infrastructure are
konsisten di seluruh lini usaha. Dengan adanya koordinasi lintas   consistently implemented across all business lines. With
departemen yang semakin terintegrasi, proses identifikasi,         increasingly integrated cross-departmental coordination, the
pengukuran, dan mitigasi risiko dapat dilakukan secara lebih       processes of identifying, measuring, and mitigating risks can
sistematis dan tepat waktu.                                        be carried out more systematically and in a timely manner.




             PT Keramika Indonesia Assosiasi Tbk
132          Laporan Tahunan & Laporan Keberlanjutan 2025
Page 135
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




Sepanjang tahun 2025, Perseroan melakukan evaluasi                     Throughout 2025, the Company conducted a comprehensive
menyeluruh terhadap penerapan sistem manajemen risiko.                 evaluation of its risk management system. The results of the
Hasil evaluasi menunjukkan peningkatan signifikan dalam                evaluation showed significant improvements in the ability to
hal kemampuan mendeteksi potensi risiko, kesiapan langkah              detect potential risks, the readiness of mitigation measures,
mitigasi, serta efektivitas pengendalian internal. Budaya sadar        and the effectiveness of internal controls. A risk-aware culture
risiko juga semakin mengakar melalui program sosialisasi dan           has also become increasingly ingrained through ongoing
pelatihan berkelanjutan, sehingga setiap karyawan memahami             outreach and training programs, ensuring that every employee
peran mereka dalam menjaga keberlangsungan usaha.                      understands their role in safeguarding the Company’s
                                                                       sustainability.


Selain itu, pemanfaatan teknologi informasi memberikan                 In addition, the use of information technology has made a
kontribusi besar dalam memperkuat sistem pengendalian.                 significant contribution to strengthening control systems. With
Dengan dukungan data yang lebih akurat dan pemantauan                  the support of more accurate data and real-time monitoring,
yang real-time, pengambilan keputusan dapat dilakukan secara           decisions can be made more quickly and based on facts. As
lebih cepat dan berbasis fakta. Dampaknya, insiden operasional         a result, operational incidents that could potentially cause
yang berpotensi menimbulkan kerugian material berhasil                 material losses have been successfully minimized, while
ditekan, sementara kepercayaan pemangku kepentingan                    stakeholder confidence in the Company’s commitment to
terhadap komitmen Perseroan dalam menjaga keberlanjutan                ensuring business continuity has continued to grow.
bisnis semakin meningkat.


Pernyataan Dewan Komisaris dan Direksi Atas                            Statement by the Board of Commissioners and
Kecukupan Sistem Manajemen Risiko Tahun                                the Board of Directors on the Adequacy of the
2025                                                                   Risk Management System in 2025

Dewan Komisaris dan Direksi menilai bahwa Sistem Manajemen             The Board of Commissioners and the Board of Directors are
Risiko Perseroan sepanjang tahun 2025 telah berjalan                   of the view that the Company’s Risk Management System
memadai dalam mendukung keberlangsungan usaha. Sistem                  throughout 2025 has been adequately implemented to support
ini mampu mengidentifikasi, mengukur, dan memitigasi potensi           business continuity. The system has demonstrated its ability to
risiko yang dapat memengaruhi operasional maupun reputasi              identify, measure, and mitigate potential risks that may affect
Perseroan.                                                             the Company’s operations and reputation.


Penilaian dilakukan melalui evaluasi berkala atas kebijakan,           This assessment was carried out through periodic evaluations
prosedur, dan infrastruktur pendukung. Hasilnya menunjukkan            of policies, procedures, and supporting infrastructure. The
koordinasi lintas unit semakin terintegrasi, budaya sadar              results indicate that cross-functional coordination has
risiko semakin kuat, serta pemanfaatan teknologi informasi             become increasingly integrated, risk awareness culture has
meningkatkan akurasi pemantauan dan mempercepat                        strengthened, and the utilization of information technology has
pengambilan keputusan berbasis data.                                   enhanced monitoring accuracy and accelerated data-driven
                                                                       decision-making.




Perkara Penting dan Sanksi Administratif
Significant Cases and Administrative Sanctions


Perseroan dan entitas anak, termasuk Dewan Komisaris dan               The Company and its subsidiaries, including the members
Direksi yang menjabat pada tahun 2025 tidak menghadapi                 of the Board of Commissioners and the Board of Directors
perkara hukum perdata maupun pidana, serta tidak menerima              serving in 2025, were not involved in any civil or criminal legal
sanksi administratif dari regulator atau otoritas berwenang.           proceedings, nor were they subject to any administrative
                                                                       sanctions imposed by regulators or other relevant authorities.




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report             133
Page 136
Kode Etik
Code of Conduct [IDX G-07]


Sejak tahun 2012, Perseroan telah memiliki Kode Etik yang           Since 2012, the Company has established a Code of Conduct
menjadi acuan perilaku bagi seluruh insan perusahaan dalam          that serves as a behavioral guideline for all employees in
menjalankan aktivitas usaha dan pengambilan keputusan.              carrying out business activities and making decisions. As part
Sebagai bagian dari SCG Group, penerapan Kode Etik                  of the SCG Group, the implementation of the Company’s Code
Perseroan diselaraskan dengan SCG Philosophy (4 Core Values)        of Conduct is aligned with the SCG Philosophy (4 Core Values),
sehingga setiap langkah bisnis tidak hanya berorientasi pada        ensuring that every business action is not only oriented toward
kepentingan perusahaan, tetapi juga mencerminkan nilai-nilai        the Company’s interests but also reflects universally upheld
universal yang dijunjung tinggi.                                    values.


Kode Etik ditempatkan sebagai instrumen penting untuk               The Code of Conduct is positioned as a key instrument in
menciptakan bisnis bernilai tambah sekaligus memperkuat             creating value-added business while strengthening the
reputasi perusahaan di mata pemangku kepentingan. Agar              Company’s reputation among stakeholders. To ensure its
tetap relevan dan efektif, implementasinya diperbarui secara        continued relevance and effectiveness, its implementation
berkala mengikuti dinamika ekonomi dan sosial, sehingga             is periodically updated in line with economic and social
keberadaannya senantiasa mendukung tujuan jangka panjang            developments, thereby supporting the Company’s long-term
Perseroan dalam membangun tata kelola yang berkelanjutan.           objectives in building sustainable governance.


Pokok-Pokok Kode Etik                                               Key Principles of the Code of Conduct

Pokok-pokok Kode Etik Perseroan menjadi pedoman perilaku            The key principles of the Company’s Code of Conduct serve
yang menuntun seluruh insan perusahaan dalam menjalankan            as behavioral guidelines that direct all employees to conduct
aktivitas bisnis secara berintegritas. Setiap keputusan dan         business activities with integrity. Every decision and action
tindakan diharapkan mencerminkan komitmen terhadap                  is expected to reflect a commitment to Good Corporate
prinsip GCG serta menanamkan budaya kerja yang selaras              Governance (GCG) principles and to foster a work culture
dengan SCG Philosophy.                                              aligned with the SCG Philosophy.


4 (empat) nilai utama SCG Philosophy yang diintegrasikan ke         The 4 (four) core values of the SCG Philosophy integrated into
dalam Kode Etik adalah:                                             the Code of Conduct are:
1. Kepatuhan terhadap Keadilan;                                     1. Adherence to Fairness;
2. Dedikasi pada Keunggulan;                                        2. Dedication to Excellence;
3. Keyakinan pada Nilai Individu; dan                               3. Belief in the Value of the Individual; and
4. Kepedulian pada Tanggung Jawab Sosial.                           4. Concern for Social Responsibility.


Nilai-nilai tersebut diwujudkan dalam praktik sehari-hari           These values are reflected in daily practices through
melalui pengaturan hubungan bisnis dengan karyawan,                 the regulation of business relationships with employees,
pelanggan, pemegang saham, regulator, penyedia barang/jasa,         customers, shareholders, regulators, suppliers, creditors,
kreditur, investor, pesaing, masyarakat, serta lingkungan. Selain   investors, competitors, communities, and the environment. In
itu, Kode Etik juga menuntut perilaku individu yang patuh pada      addition, the Code of Conduct requires individuals to comply
hukum, menjaga kerahasiaan informasi, menghindari benturan          with laws and regulations, maintain confidentiality, avoid
kepentingan, menolak gratifikasi, melindungi aset perusahaan,       conflicts of interest, reject any form of gratification, safeguard
menjunjung keselamatan kerja, menjaga citra Perseroan, dan          Company assets, uphold workplace safety, maintain the
memastikan ketepatan pencatatan.                                    Company’s image, and ensure accurate record-keeping.


Untuk memperkuat konsistensi penerapan, Kode Etik dijalankan        To strengthen consistent implementation, the Code of Conduct
melalui 3 (tiga) prinsip utama:                                     is guided by 3 (three) main principles:
1. Clean, yang menekankan transparansi, akuntabilitas, dan          1. Clean, emphasizing transparency, accountability, and
   integritas moral;                                                    moral integrity;
2. Respectful, yang membangun kepercayaan melalui                   2. Respectful, fostering trust through professionalism,
   profesionalisme, kemandirian, dan daya saing; dan                    independence, and competitiveness; and




              PT Keramika Indonesia Assosiasi Tbk
134           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 137
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




3. Synergy, yang berorientasi pada kolaborasi terpadu demi             3. Synergy, promoting integrated collaboration to create
   menciptakan nilai berkelanjutan.                                       sustainable value.


Pemberlakuan Kode Etik bagi Seluruh Insan                              Implementation of the Code of Conduct for All
Perseroan                                                              Company Personnel

Kode Etik Perseroan diberlakukan secara menyeluruh                     The Company’s Code of Conduct applies to all Company
kepada seluruh insan Perseroan, meliputi anggota Direksi,              personnel, including members of the Board of Directors, the
Dewan Komisaris, serta karyawan di berbagai tingkatan                  Board of Commissioners, and employees at all organizational
organisasi. Dalam penerapannya, Top Manajemen Perseroan                levels. In its implementation, the Company’s top management
berperan sebagai role model yang menegaskan komitmen                   acts as role models, demonstrating commitment to integrity,
terhadap integritas, profesionalisme, dan kepatuhan. Dengan            professionalism, and compliance. Through such leadership,
keteladanan tersebut, nilai-nilai yang terkandung dalam Kode           the values contained in the Code of Conduct are consistently
Etik dapat diinternalisasi secara konsisten dan menjadi bagian         internalized and embedded within the Company’s work culture.
dari budaya kerja di seluruh lini Perseroan.


Sosialisasi dan Upaya Penegakan Kode Etik di                           Dissemination and Enforcement of the Code of
Perseroan                                                              Conduct

Sepanjang tahun 2025, Perseroan terus memperkuat                       Throughout 2025, the Company continued to strengthen the
efektivitas penerapan Kode Etik melalui program sosialisasi            effective implementation of the Code of Conduct through
yang dilaksanakan secara berkesinambungan. Penyebarluasan              ongoing dissemination programs. Information was delivered
informasi dilakukan dengan format yang ringkas dan menarik,            in concise and engaging formats, including infographics
antara lain melalui infografis yang dikirimkan melalui e-mail          distributed via email to all Company personnel, ensuring that
kepada seluruh insan Perseroan. Pendekatan ini memastikan              the Code of Conduct is communicated widely and clearly
pesan Kode Etik tersampaikan secara masif dan mudah                    understood.
dipahami.


Untuk meningkatkan keterlibatan, sosialisasi dikemas dalam             To enhance engagement, dissemination efforts were also
bentuk kuis dan challenge yang diadakan melalui kanal media            packaged in the form of quizzes and challenges conducted
sosial SCG Indonesia. Aktivitas ini mendorong partisipasi aktif        through SCG Indonesia’s social media channels. These
sekaligus memperkuat pemahaman karyawan terhadap nilai-                initiatives encouraged active participation while reinforcing
nilai Kode Etik dengan cara interaktif. Metode Ethics e-Testing        employees’ understanding of the Code of Conduct values in
dan SCG E-Policy e-Testing yang telah berjalan di tahun-tahun          an interactive manner. The Ethics e-Testing and SCG E-Policy
sebelumnya kembali dilaksanakan di 2025. Uji pemahaman ini             e-Testing programs, which had been implemented in previous
dilakukan melalui website khusus dalam periode tertentu.               years, were continued in 2025. These assessments were
                                                                       conducted through a dedicated website within a specified
                                                                       period.


Upaya menciptakan lingkungan kerja yang aman dan beretika              Efforts to create a safe and ethical working environment
juga diperkuat dengan penerapan kebijakan Perlindungan                 were further strengthened through the implementation of a
Data Pribadi. Kebijakan ini menekankan pentingnya menjaga              Personal Data Protection policy, emphasizing the importance
informasi personal milik karyawan maupun data perusahaan.              of safeguarding employees’ personal information as well
Untuk mendukung pemahaman, Perseroan menyampaikan                      as Company data. To support understanding, the Company
materi melalui e-mail blast serta melibatkan karyawan dalam            disseminated materials via email blasts and engaged
kuis evaluasi terkait regulasi baru tersebut.                          employees through evaluation quizzes related to the new
                                                                       regulation.


Selain itu, Perseroan memanfaatkan ruang publik di lingkungan          In addition, the Company utilized public spaces within office
kantor dengan pemasangan banner dan media visual sebagai               environments by installing banners and visual media as
pengingat bagi seluruh insan Perseroan mengenai pentingnya             reminders for all personnel regarding the importance of
penerapan Kode Etik dalam keseharian.                                  implementing the Code of Conduct in daily activities.




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report             135
Page 138
Kebijakan Pemberian Kompensasi Jangka
Panjang Berbasis Kinerja
Policy on Performance-Based Long-Term Compensation


Sampai dengan akhir tahun 2025, Perseroan belum                    As of the end of 2025, the Company has not implemented a
menerapkan kebijakan pemberian kompensasi jangka panjang           performance-based long-term compensation policy in the
berbasis kinerja dalam bentuk skema kepemilikan saham              form of share ownership schemes for management, such as a
bagi manajemen (Management Stock Option Program – MSOP)            Management Stock Option Program (MSOP), or for employees,
maupun kepemilikan saham bagi karyawan (Employee Stock             such as an Employee Stock Option Program (ESOP).
Option Program – ESOP). Meskipun demikian, Perseroan tetap         Nevertheless, the Company remains open to evaluating the
membuka ruang untuk mengevaluasi kemungkinan penerapan             potential implementation of share ownership programs in the
program kepemilikan saham di masa mendatang.                       future.

Sebagai bentuk insentif jangka panjang (Long Term Incentives/      As part of its Long-Term Incentives (LTI), the Company provides
LTI), Perseroan memberikan fasilitas tempat tinggal dan            housing and vehicle facilities for the Board of Directors, as well
kendaraan bagi Direksi, serta fasilitas kendaraan bagi karyawan.   as vehicle facilities for employees. The provisions governing
Ketentuan mengenai pemberian insentif tersebut diatur dalam        the granting of such incentives are regulated under internal
kebijakan internal yang ditetapkan oleh Perseroan.                 policies established by the Company.




Kebijakan Pelaporan Kepemilikan Saham
Direksi dan Dewan Komisaris
Policy on Reporting of Share Ownership by the Board of Directors and
the Board of Commissioners


Perseroan menerapkan kebijakan pelaporan kepemilikan saham         The Company implements a policy on the reporting of share
oleh Dewan Komisaris dan Direksi sesuai dengan ketentuan           ownership by members of the Board of Commissioners and the
Peraturan OJK No. 4 Tahun 2024 tentang Laporan Kepemilikan         Board of Directors in accordance with the provisions of Financial
atau Setiap Perubahan Kepemilikan Saham Perusahaan                 Services Authority Regulation (POJK) No. 4 of 2024 concerning
Terbuka (“POJK 4/2024”). Peraturan ini mewajibkan setiap           Reports on Share Ownership or Changes in Share Ownership
anggota Dewan Komisaris dan Direksi yang memiliki hak suara        of Public Companies (“POJK 4/2024”). This regulation requires
atas saham, baik secara langsung maupun tidak langsung,            each member of the Board of Commissioners and the Board of
untuk melaporkan kepemilikan atau perubahan kepemilikan            Directors who holds voting rights over shares, whether directly
saham kepada Otoritas Jasa Keuangan (OJK) melalui Perseroan        or indirectly, to report any ownership or changes in share
paling lambat lima hari kerja setelah terjadinya perubahan,        ownership to the Financial Services Authority (OJK) through
sebagaimana diatur dalam Pasal 2 POJK 4/2024.                      the Company no later than five business days after such change
                                                                   occurs, as stipulated under Article 2 of POJK 4/2024.

Sebagai bentuk kepatuhan terhadap ketentuan tersebut,              In compliance with these provisions, all members of the Board
seluruh anggota Dewan Komisaris dan Direksi telah                  of Commissioners and the Board of Directors have fulfilled
melaksanakan kewajiban pelaporan kepemilikan saham, baik di        their obligation to report share ownership, both in the Company
Perseroan maupun di Perusahaan Terbuka lainnya. Komitmen           and in other Public Companies.. This commitment reflects
ini mencerminkan tanggung jawab Perseroan dalam menjaga            the Company’s responsibility to uphold transparency and
transparansi dan akuntabilitas kepada pemegang saham serta         accountability to shareholders and regulators.
regulator.

Sejalan dengan penerapan kebijakan tersebut, Perseroan             In line with the implementation of this policy, the Company
mencatat bahwa hingga 31 Desember 2025 Dewan Komisaris             notes that as of 31 December 2025, none of the members of the
dan Direksi, termasuk anggota keluarganya, tidak memiliki          Board of Commissioners and the Board of Directors, including
saham dalam Perseroan, baik secara langsung maupun melalui         their immediate family members, held shares in the Company,
kepemilikan tidak langsung. Dengan demikian Perseroan tidak        either directly or indirectly. Accordingly, the Company has no
memiliki kewajiban untuk menyampaikan Laporan Kepemilikan          obligation to submit a Share Ownership Report of the Board of
Saham Dewan Komisaris dan Direksi kepada regulator.                Commissioners and the Board of Directors to the regulator.




             PT Keramika Indonesia Assosiasi Tbk
136          Laporan Tahunan & Laporan Keberlanjutan 2025
Page 139
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




Kebijakan Keterbukaan Informasi
Information Transparency Policy


Perseroan menerapkan kebijakan keterbukaan informasi                   The Company implements an information disclosure policy as
sebagai bagian dari penerapan prinsip transparansi,                    part of its commitment to transparency, accountability, and
akuntabilitas, dan kepatuhan terhadap peraturan perundang-             compliance with applicable laws and regulations. This policy
undangan yang berlaku. Kebijakan ini bertujuan memastikan              aims to ensure that all stakeholders have access to important
bahwa seluruh pemangku kepentingan memperoleh akses                    information about the Company in an accurate, clear, and
terhadap informasi penting mengenai Perseroan secara akurat,           timely manner.
jelas, dan tepat waktu.

Informasi yang wajib disampaikan mencakup kondisi keuangan,            The information required to be disclosed includes financial
kinerja operasional, kepemilikan saham, struktur pemegang              condition, operational performance, share ownership, the
saham pengendali, serta implementasi GCG. Penyampaian                  structure of controlling shareholders, and the implementation
informasi dilakukan dengan memperhatikan standar                       of corporate governance. Information is disclosed in accordance
keterbukaan yang berlaku di pasar modal dan ketentuan dari             with the disclosure standards applicable in the capital market
regulator terkait.                                                     and the relevant regulatory requirements.

Untuk mendukung efektivitas kebijakan keterbukaan informasi,           To support the effectiveness of its information disclosure
Perseroan memanfaatkan teknologi informasi sebagai sarana              policy, the Company utilizes information technology as its
utama komunikasi dengan publik. Media yang digunakan                   primary means of communication with the public. The media
meliputi situs web resmi perusahaan, publikasi laporan berkala,        used include the company’s official website, periodic reports,
serta kanal sosial media, sehingga informasi dapat diakses             and social media channels, ensuring that information is widely
secara luas dan menjangkau seluruh pemangku kepentingan.               accessible and reaches all stakeholders.

Sebagai bentuk kepatuhan terhadap regulasi, Perseroan                  In compliance with regulations, the Company regularly reports
secara berkala melaporkan setiap perubahan informasi                   any material changes in information to the Indonesia Stock
material kepada Bursa Efek Indonesia (BEI) dan Otoritas Jasa           Exchange (IDX) and the Financial Services Authority (OJK).
Keuangan (OJK). Seluruh pelaksanaan keterbukaan informasi              All disclosure activities are conducted in accordance with
dilakukan sesuai ketentuan perundang-undangan yang berlaku             applicable laws and regulations and the Company’s internal
dan pedoman internal Perseroan.                                        guidelines.




Sistem Pelaporan Pelanggaran
Whistleblowing System


Untuk menjaga keberlangsungan bisnis yang sehat sekaligus              To ensure sustainable business continuity and foster a
membangun budaya kerja yang kondusif, Perseroan                        conducive working environment, the Company has upheld
menempatkan prinsip Tata Kelola Perusahaan yang Baik                   the principles of Good Corporate Governance (GCG) as
sebagai landasan utama sejak awal berdiri. Salah satu wujud            a fundamental foundation since its establishment. One
nyata dari komitmen tersebut adalah penerapan Sistem                   of the tangible manifestations of this commitment is the
Pelaporan Pelanggaran (Whistleblowing System – WBS) di                 implementation of a Whistleblowing System (WBS) within the
dalam organisasi.                                                      organization.


Melalui WBS, Perseroan menyediakan mekanisme yang aman                 Through the WBS, the Company provides a secure and
dan terpercaya bagi seluruh pemangku kepentingan—baik dari             reliable mechanism for all stakeholders—both internal and
lingkungan internal maupun eksternal—untuk menyampaikan                external—to report any alleged fraud, abuse of authority, as
laporan terkait dugaan kecurangan, penyalahgunaan                      well as violations of laws and ethical standards. This channel
wewenang, maupun pelanggaran hukum dan etika. Saluran ini              is designed to ensure that all reports are handled objectively
dirancang agar setiap laporan dapat ditangani secara objektif          while safeguarding the confidentiality and protection of the
tanpa mengurangi rasa aman bagi pelapor.                               whistleblower.



                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report             137
Page 140
Implementasi sistem ini berfungsi sebagai sarana pengawasan,    The implementation of this system serves not only as a
juga sebagai bagian dari strategi jangka panjang dalam          monitoring tool but also as part of the Company’s long-term
memperkuat efektivitas dan efisiensi pengendalian internal      strategy to strengthen the effectiveness and efficiency of
di seluruh tingkatan manajemen. Dengan demikian, Perseroan      internal control across all levels of management. Accordingly,
dapat terus menjaga integritas, meningkatkan kepercayaan,       the Company is able to maintain integrity, enhance trust, and
serta memastikan terciptanya lingkungan kerja yang              ensure the creation of a professional and compliant working
berorientasi pada profesionalisme dan kepatuhan.                environment.


Cara Penyampaian Laporan Pelanggaran                            Procedures for Submitting Reports of Violations

Perseroan menegaskan komitmennya terhadap integritas            The Company reaffirms its commitment to integrity by providing
dengan menyediakan jalur pelaporan yang terstruktur dan         a structured and reliable reporting channel. Any party who
dapat diandalkan. Setiap pihak yang mengetahui adanya           becomes aware of a suspected violation has the right to utilize
dugaan pelanggaran memiliki hak untuk menggunakan saluran       the official reporting channels established by the Company.
resmi yang telah ditetapkan.


Agar proses pelaporan menjadi lebih mudah dan cepat             To facilitate ease of access and timely reporting, reports of
diakses oleh semua pihak, laporan dugaan pelanggaran dapat      alleged violations may be submitted directly through the
disampaikan secara langsung melalui e-mail resmi Perseroan,     Company’s official email at:
yaitu:



                                              audit@kiaceramics.com

Perlindungan Bagi Pelapor                                       Protection for Whistleblowers

Dalam penerapan Whistleblowing System (WBS), Perseroan          In implementing the Whistleblowing System (WBS),
memastikan bahwa setiap pelapor memperoleh perlindungan         the Company ensures that all whistleblowers receive
yang menyeluruh. Perlindungan ini dirancang agar setiap         comprehensive protection. This protection is designed to
individu merasa aman ketika menyampaikan laporan, tanpa         ensure that individuals feel safe when submitting reports,
khawatir akan risiko atau tekanan yang mungkin timbul. Bentuk   without fear of risks or pressure that may arise. The forms of
perlindungan yang diberikan meliputi:                           protection provided include:
1. Perlindungan kerahasiaan identitas pelapor termasuk          1. Protection of the confidentiality of the whistleblower’s
    informasi yang dapat digunakan untuk menghubungi                identity, including information that could be used to identify
    pelapor;                                                        or contact the whistleblower;
2. Perlindungan atas tindakan balasan dari terlapor atau        2. Protection from retaliatory actions by the reported party or
    pihak lain yang mempunyai kepentingan; dan                      other interested parties; and
3. Perlindungan dari tekanan, hak-hak sebagai pegawai,          3. Protection from pressure, employment-related rights
    gugatan hukum, harta benda hingga tindakan fisik.               violations, legal claims, property-related threats, and
                                                                    physical harm.


Seluruh kebijakan ini dilandasi oleh komitmen Perseroan untuk   All of these policies are based on the Company’s commitment to
menghadirkan lingkungan kerja yang aman bagi semua insan        creating a safe working environment for all individuals without
tanpa terkecuali. Perseroan bertanggung jawab penuh dalam       exception. The Company is fully responsible for providing
memberikan perlindungan kepada saksi maupun pelapor dari        protection to witnesses and whistleblowers from any adverse
berbagai tindakan negatif yang mungkin dilakukan oleh pihak     actions that may be taken by the reported parties.
terlapor.


Penanganan Pengaduan                                            Complaint Handling

Perseroan menerapkan WBS sebagai sarana resmi untuk             The Company implements the WBS as an official channel to
menerima dan mengelola pengaduan terkait dugaan                 receive and manage complaints related to alleged violations.
pelanggaran. Sistem ini memastikan setiap laporan ditangani     This system ensures that every report is handled in a structured
secara terstruktur dan sesuai prosedur.                         manner and in accordance with established procedures.




             PT Keramika Indonesia Assosiasi Tbk
138          Laporan Tahunan & Laporan Keberlanjutan 2025
Page 141
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




Jenis pelanggaran yang dapat dilaporkan mencakup:                      Types of violations that may be reported include:
1. Ketidakpatuhan terhadap peraturan perundang-undangan;               1. Non-compliance with laws and regulations;
2. Pelanggaran kode etik perusahaan;                                   2. Violation of the Company’s code of ethics;
3. Penyimpangan prinsip akuntansi yang berlaku umum;                   3. Deviations from generally accepted accounting principles;
4. Ketidaktaatan     terhadap    kebijakan dan    prosedur             4. Non-compliance with operational policies and procedures;
    operasional; dan                                                      and
5. Tindakan kecurangan lain yang merugikan banyak pihak                5. Other fraudulent acts that may cause harm to multiple
                                                                          parties.


Seluruh laporan yang masuk melalui WBS ditangani oleh                  All reports submitted through the WBS are handled by the
Kepala Unit Audit Internal, yang berwenang memastikan                  Head of the Internal Audit Unit, who is authorized to ensure
proses berjalan profesional, objektif, dan transparan. Jika            that the process is conducted professionally, objectively, and
ditemukan pelanggaran berulang atau sistemik, laporan akan             transparently. If repeated or systemic violations are identified,
diteruskan kepada pejabat terkait untuk langkah perbaikan              the report will be escalated to the relevant authorities for more
lebih menyeluruh.                                                      comprehensive corrective actions.


Pihak Pengelola Pengaduan                                              Complaint Handling Authority

Dalam rangka memastikan efektivitas Sistem Pelaporan                   To ensure the effectiveness of the Whistleblowing System,
Pelanggaran, Perseroan menunjuk Unit Audit Internal sebagai            the Company appoints the Internal Audit Unit as the party
pihak yang berwenang dalam pengelolaan pengaduan. Unit ini             responsible for managing complaints. This unit plays a central
memiliki peran sentral untuk menelaah setiap laporan yang              role in reviewing all reports submitted through the WBS
masuk melalui mekanisme WBS.                                           mechanism.


Tugas utama Unit Audit Internal adalah melakukan pemeriksaan           The main task of the Internal Audit Unit is to conduct periodic
secara berkala terhadap seluruh laporan pelanggaran,                   examinations of all violation reports so that each allegation
sehingga setiap dugaan pelanggaran dapat diverifikasi                  can be properly verified. The results of these examinations
dengan tepat. Hasil pemeriksaan tersebut kemudian menjadi              then serve as the basis for the Company to follow up on
dasar bagi Perseroan untuk menindaklanjuti laporan secara              reports comprehensively and in accordance with applicable
komprehensif dan sesuai prosedur yang berlaku.                         procedures.


Laporan Pengaduan Tahun 2025                                           Whistleblowing Reports in 2025

Sepanjang tahun 2025, tidak terdapat pengaduan yang                    Throughout 2025, there were no complaints submitted through
disampaikan melalui Whistleblowing System (WBS) Perseroan              the Company’s Whistleblowing System (WBS) regarding
terkait dugaan pelanggaran di lingkungan kerja.                        alleged violations in the workplace environment.




Kebijakan Antikorupsi
Anti-corruption Policy [IDX G-07]


Perseroan menegaskan komitmennya sebagai perusahaan                    The Company affirms its commitment as a public listed entity
terbuka dengan menjalankan bisnis yang transparan, sehat,              to conduct business in a transparent, sound, and stakeholder-
dan berorientasi pada kepentingan pemegang saham serta                 oriented manner. To safeguard this integrity, the Company
pemangku kepentingan. Untuk menjaga integritas tersebut,               implements an Anti-corruption Policy applicable across all
Perseroan menerapkan Kebijakan Antikorupsi yang berlaku                work units as a preventive measure against corrupt practices.
di seluruh unit kerja sebagai langkah pencegahan terhadap
praktik korupsi.

Pelaksanaan kebijakan ini diwujudkan melalui pengawasan                The implementation of this policy is realized through strict
ketat atas aktivitas operasional, khususnya yang berkaitan             monitoring of operational activities, particularly those related
dengan transaksi dan pengelolaan keuangan. Selain itu,                 to transactions and financial management. In addition, the
Perseroan mendorong partisipasi aktif seluruh insan                    Company encourages the active participation of all employees




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report             139
Page 142
perusahaan dalam mendukung program antikorupsi sesuai            in supporting the anti-corruption program in accordance with
ketentuan yang berlaku, sehingga budaya kerja yang bersih        applicable regulations, thereby ensuring that a clean and
dan berintegritas dapat terus terjaga.                           integrity-based work culture is continuously maintained.

Program Antikorupsi                                              Anti-corruption Program

Perseroan menegaskan komitmennya terhadap praktik bisnis         The Company reinforces its commitment to sound and integrity-
yang sehat dan berintegritas melalui penerapan program           driven business practices through the implementation of an
antikorupsi di seluruh entitas usaha. Hal tersebut selaras       anti-corruption program across all business entities. This
dengan komitmen anti korupsi yang dijalankan SCG Group.          is aligned with the anti-corruption commitment of the SCG
Implementasi program antikorupsi dilakukan melalui:              Group. The program is implemented through:
1. Pelaksanaan kegiatan audit prosedur dan finansial; dan        1. Audit procedures and financial audits; and
2. Penerapan Sistem Pelaporan Pelanggaran (Whistleblowing        2. Implementation of the Whistleblowing System (WBS).
    System).

Perseroan memastikan setiap aktivitas operasional bebas dari     The Company ensures that all operational activities are free
potensi penyimpangan dan dijalankan secara konsisten.            from potential misconduct and are consistently conducted in
                                                                 compliance with established standards.

Sosialisasi Program Antikorupsi                                  Anti-corruption Program Outreach

Perseroan secara konsisten memperkuat penerapan prinsip          The Company consistently strengthens the implementation
antikorupsi melalui berbagai kegiatan sosialisasi yang           of anti-corruption principles through various socialization
menjangkau seluruh karyawan di setiap tingkatan. Sejak           activities reaching all employees at every level. Since the
awal masa kerja, setiap individu telah dibekali pemahaman        beginning of employment, each individual is provided with
mengenai pencegahan praktik korupsi melalui beragam sarana       an understanding of corruption prevention through various
pembelajaran. Materi tambahan juga diberikan secara berkala,     learning platforms. Additional materials are also distributed
antara lain melalui e-mail yang disampaikan bersamaan            periodically, including via email in conjunction with Code of
dengan sosialisasi Kode Etik, sehingga kesadaran terhadap        Conduct dissemination, to ensure that awareness of workplace
integritas kerja terus terjaga.                                  integrity is continuously maintained.

Selain itu, Perseroan mengadakan penyuluhan khusus dengan        Furthermore, the Company conducts dedicated awareness
mengadopsi metode sosialisasi yang diterapkan oleh SCG,          sessions by adopting SCG’s socialization approach, ensuring
memastikan pendekatan yang digunakan relevan dan efektif.        that the methods used remain relevant and effective. All these
Seluruh kegiatan ini dijalankan dengan komitmen penuh agar       activities are carried out with full commitment so that the
program antikorupsi dapat diterapkan secara menyeluruh dan       anti-corruption program is implemented comprehensively and
menjadi bagian dari evaluasi kinerja tahunan karyawan.           becomes part of employees’ annual performance evaluation.




Kebijakan Anti-Fraud dan Pengendalian Gratifikasi
Anti-Fraud and Gratification Control Policy

Perseroan menyadari pentingnya pencegahan fraud dan              The Company recognizes the importance of fraud prevention and
pengendalian gratifikasi sebagai bagian dari penerapan           gratification control as an integral part of the implementation
prinsip GCG. Nilai-nilai yang terkandung dalam Kode Etik         of Good Corporate Governance (GCG) principles. The values
telah membentuk perilaku seluruh insan Perseroan untuk           embedded in the Code of Conduct have shaped the behavior
menjunjung tinggi integritas, menghindari praktik yang tidak     of all Company personnel to uphold integrity, avoid unethical
etis, serta menolak pemberian atau penerimaan gratifikasi        practices, and reject the giving or receiving of gratification that
yang berpotensi menimbulkan konflik kepentingan.                 may potentially create conflicts of interest.

Kode Etik tersebut menjadi pedoman perilaku yang                 The Code of Conduct serves as a behavioral guideline that
mendorong terciptanya budaya kerja yang bersih, transparan,      promotes a clean, transparent, and accountable working culture.
dan akuntabel. Melalui sosialisasi internal dan pembinaan        Through internal socialization and continuous development
berkelanjutan, Perseroan memastikan bahwa setiap insan           programs, the Company ensures that all employees understand
Perseroan memahami tanggung jawabnya dalam menjaga               their responsibilities in safeguarding the Company’s reputation
reputasi dan kepercayaan pemangku kepentingan. Dengan            and stakeholder trust. With the implementation of this Code of
penerapan Kode Etik ini, komitmen terhadap pencegahan fraud      Conduct, the commitment to fraud prevention and gratification
dan pengendalian gratifikasi telah menjadi bagian dari praktik   control has become an integral part of daily ethical practices
etika sehari-hari di lingkungan Perseroan.                       within the Company.



             PT Keramika Indonesia Assosiasi Tbk
140          Laporan Tahunan & Laporan Keberlanjutan 2025
Page 143
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




Kebijakan Benturan Kepentingan
Dewan Komisaris dan Direksi
Conflict of Interest Policy for the Board of Commissioners and the Board
of Directors [IDX G-09]

Perseroan memiliki komitmen untuk mencegah dan mengelola               The Company is committed to preventing and managing
potensi benturan kepentingan yang mungkin timbul dalam                 potential conflicts of interest that may arise in the execution
pelaksanaan tugas Dewan Komisaris maupun Direksi.                      of duties by the Board of Commissioners and the Board
Kebijakan ini bertujuan memastikan bahwa setiap keputusan              of Directors. This policy aims to ensure that all decisions
dan tindakan yang diambil senantiasa berlandaskan pada                 and actions are consistently based on the best interests of
kepentingan terbaik Perseroan, bukan kepentingan pribadi               the Company, rather than personal or certain third-party
atau pihak tertentu. Dewan Komisaris dan Direksi diwajibkan            interests. Members of the Board of Commissioners and the
mengungkapkan secara transparan setiap hubungan,                       Board of Directors are required to transparently disclose any
transaksi, atau kondisi yang berpotensi menimbulkan benturan           relationships, transactions, or conditions that may potentially
kepentingan, serta menjaga objektivitas dalam setiap                   give rise to conflicts of interest, and to maintain objectivity in
pengambilan keputusan.                                                 every decision-making process.




Kebijakan untuk Mencegah Insider Trading
Insider Trading Prevention Policy [IDX G-08]


Untuk menjaga kepercayaan investor sekaligus memastikan                To maintain investor confidence and ensure a transparent and
pasar modal tetap transparan dan adil, Perseroan menetapkan            fair capital market, the Company establishes a strict policy to
kebijakan tegas dalam mencegah praktik Insider Trading. Setiap         prevent insider trading practices. Any individual who has access
individu yang memiliki akses terhadap informasi material               to material information is required to maintain confidentiality
diwajibkan menjaga kerahasiaan serta menggunakan data                  and use such information solely for official Company purposes.
tersebut hanya untuk kepentingan resmi Perseroan. Kebijakan            This policy is reinforced through the implementation of a
ini diperkuat melalui penerapan sistem pengendalian internal           consistent internal control system, continuous education
yang konsisten, program edukasi berkelanjutan bagi karyawan            programs for employees and partners, and restricted access to
dan mitra, serta pembatasan akses informasi hanya kepada               information only to authorized personnel.
pihak yang berwenang.




Kebijakan Pemenuhan Hak-Hak Kreditur
Creditors’ Rights Compliance Policy

Sebagai wujud komitmen Perseroan dalam menjaga                         As part of the Company’s commitment to maintaining trust
kepercayaan dan stabilitas hubungan dengan para pemangku               and stable relationships with stakeholders, the Company
kepentingan, Perseroan senantiasa berupaya untuk memenuhi              consistently strives to fulfill creditors’ rights. The Company
hak-hak kreditur. Perseroan menempatkan kreditur sebagai               positions creditors as strategic partners who play an important
mitra strategis yang memiliki peran penting dalam mendukung            role in supporting business sustainability; therefore, all
keberlanjutan usaha, sehingga setiap kewajiban finansial               financial and non-financial obligations are fulfilled in a timely,
maupun nonfinansial dipenuhi secara tepat waktu, transparan,           transparent manner and in accordance with applicable laws
dan sesuai dengan ketentuan peraturan perundang-undangan               and regulations.
yang berlaku.




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report             141
Page 144
Kebijakan Seleksi Pemasok
Supplier Selection Policy


Perseroan menerapkan kebijakan seleksi pemasok berdasarkan       The Company implements a supplier selection policy based
prinsip transparansi, akuntabilitas, dan kesetaraan. Ketentuan   on the principles of transparency, accountability, and equality.
ini tercermin dalam Kode Etik Perseroan, khususnya pada          These provisions are reflected in the Company’s Code of
bagian Etika Bisnis yang mengatur hubungan dengan                Conduct, particularly in the Business Ethics section governing
pemasok dan vendor. Seluruh proses seleksi dijalankan secara     relationships with suppliers and vendors. All selection
profesional dan bebas dari konflik kepentingan.                  processes are conducted professionally and are free from
                                                                 conflicts of interest.


Sebagai bagian dari SCG Group, Perseroan juga berpedoman         As part of the SCG Group, the Company also adheres to the SCG
pada SCG Supplier Code of Conduct yang menjadi standar           Supplier Code of Conduct, which serves as a common business
bisnis bersama. Pedoman tersebut mencakup lima prinsip           standard. The guideline is based on five key principles:
utama:
1. Etika Bisnis: Menjalankan usaha dengan jujur, adil,           1.   Business Ethics: Conducting business honestly and fairly,
    menyampaikan informasi yang benar dan lengkap, menjaga            providing accurate and complete information, maintaining
    kerahasiaan, serta menghormati hak kekayaan intelektual           confidentiality, and respecting the intellectual property
    pihak lain.                                                       rights of others.
2. Tenaga Kerja dan Hak Asasi Manusia: Tidak melakukan           2.   Labor and Human Rights: Prohibiting discrimination,
    diskriminasi, melindungi pekerja anak, perempuan, dan             protecting child, female, and migrant workers, rejecting
    pekerja asing, menolak kerja paksa, serta memastikan              forced labor, and ensuring fair wages, benefits, and
    upah, manfaat, dan periode kerja yang adil.                       working hours.
3. Kesehatan dan Keselamatan Kerja: Menjaga lingkungan           3.   Occupational Health and Safety: Maintaining a hygienic
    kerja higienis dan aman, mengendalikan risiko kecelakaan          and safe working environment, controlling accident and
    maupun dampak kesehatan, serta menyediakan peralatan              health risks, and providing adequate personal protective
    pelindung diri yang memadai.                                      equipment (PPE).
4. Lingkungan: Menjalankan usaha dengan memperhatikan            4.   Environment: Conducting business with due consideration
    dampak terhadap sumber daya alam dan lingkungan sesuai            of environmental and natural resource impacts in line with
    prinsip 3R (Reduce, Reuse/Recycle, Replenish).                    the 3R principles (Reduce, Reuse/Recycle, Replenish).
5. Hukum dan Peraturan: Mematuhi seluruh hukum, aturan,          5.   Law and Regulations: Complying with all applicable laws,
    dan regulasi yang berlaku.                                        rules, and regulations.


Dalam pelaksanaannya, seleksi pemasok mempertimbangkan           In practice, supplier selection takes into account product or
kualitas dan keandalan produk atau jasa, kepatuhan terhadap      service quality and reliability, regulatory compliance including
regulasi termasuk standar lingkungan dan ketenagakerjaan,        environmental and labor standards, financial and operational
kemampuan finansial dan operasional untuk menjamin               capability to ensure supply continuity, as well as commitment
kontinuitas pasokan, serta komitmen terhadap praktik             to sustainability practices and social responsibility.
berkelanjutan dan tanggung jawab sosial.


Aspek Environmental, Social, and Governance (ESG) menjadi        Environmental, Social, and Governance (ESG) aspects are
bagian penting dalam proses seleksi, meliputi penerapan          also an integral part of the selection process, including
praktik ramah lingkungan, penghormatan terhadap hak              environmentally friendly practices, respect for labor rights,
pekerja, kontribusi sosial, serta kepatuhan terhadap tata        social contribution, and adherence to good governance
kelola yang baik. Dengan kebijakan ini, Perseroan memastikan     principles. Through this policy, the Company ensures
keberlanjutan operasional sekaligus mendorong terbentuknya       operational sustainability while promoting a responsible and
rantai pasok yang bertanggung jawab dan berdaya saing.           competitive supply chain.




             PT Keramika Indonesia Assosiasi Tbk
142          Laporan Tahunan & Laporan Keberlanjutan 2025
Page 145
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




Kebijakan Komunikasi dengan Pemegang Saham
Shareholder Communication Policy [IDX G-08]


Perseroan senantiasa menempatkan pemegang saham                        The Company consistently positions shareholders as strategic
sebagai mitra strategis dalam mendukung keberlanjutan                  partners in supporting business sustainability. Communication
usaha. Komunikasi dilakukan secara konsisten melalui                   is conducted through various official channels, including
berbagai saluran resmi, baik dalam bentuk Laporan Tahunan,             Annual Reports, Sustainability Reports, and information
Laporan Keberlanjutan, maupun keterbukaan informasi sesuai             disclosure in accordance with the regulations of the Financial
ketentuan Otoritas Jasa Keuangan (OJK) dan Bursa Efek                  Services Authority (OJK) and the Indonesia Stock Exchange.
Indonesia. Perseroan berkomitmen untuk menyampaikan                    The Company is committed to delivering relevant, accurate, and
informasi yang relevan, akurat, dan tepat waktu, sehingga              timely information to enable shareholders to make informed
pemegang saham dapat mengambil keputusan investasi                     investment decisions.
secara bijak.

Selain itu, Perseroan menyediakan forum komunikasi langsung            In addition, the Company provides direct communication
melalui Rapat Umum Pemegang Saham (RUPS) dan paparan                   forums through the Annual General Meeting of Shareholders
publik. Dalam setiap kesempatan, Perseroan memastikan                  (AGMS) and public exposés. On every occasion, the Company
bahwa seluruh materi komunikasi disusun dengan bahasa yang             ensures that all communication materials are prepared in clear,
jelas, ringkas, dan sesuai dengan standar best practice.               concise language and aligned with best practice standards.

Kebijakan ini juga menekankan prinsip kesetaraan, di mana              This policy also emphasizes the principle of equality, whereby all
setiap pemegang saham memperoleh akses yang sama terhadap              shareholders are granted equal access to material information.
informasi material. Perusahaan tidak memberikan perlakuan              The Company does not provide preferential treatment to
khusus kepada kelompok tertentu, melainkan menjaga agar                any particular group but ensures that all shareholders have
seluruh pemegang saham memiliki kesempatan yang setara                 equal opportunity to understand the Company’s direction and
untuk memahami arah kebijakan dan kinerja perusahaan.                  performance.




Kebijakan Perlindungan Data Pribadi
Personal Data Protection Policy

Perseroan menerapkan kebijakan perlindungan data pribadi               The Company implements a personal data protection policy
dengan mengacu pada Undang-Undang No. 27 Tahun 2022                    in accordance with Law No. 27 of 2022 on Personal Data
tentang Pelindungan Data Pribadi (“UU 27/2022”). Kebijakan             Protection (“Law 27/2022”). This policy affirms that the
ini menegaskan bahwa pelindungan data pribadi merupakan                protection of personal data is a fundamental human right
bagian dari hak asasi manusia dan wajib dijalankan dengan              and must be carried out based on the principles of fairness,
prinsip keadilan, transparansi, akuntabilitas, serta kepatuhan         transparency, accountability, and legal compliance.
hukum.

Dalam penerapannya, Perseroan menjaga kerahasiaan,                     In its implementation, the Company safeguards the
integritas, dan keamanan data pribadi seluruh pemangku                 confidentiality, integrity, and security of personal data
kepentingan, termasuk karyawan, konsumen, dan mitra kerja,             belonging to all stakeholders, including employees, customers,
serta melindungi informasi rahasia Perseroan. Perseroan                and business partners, as well as protecting the Company’s
membedakan pengelolaan data pribadi umum (misalnya                     confidential information. The Company distinguishes between
nama, alamat, kontak) dan data pribadi spesifik (misalnya data         general personal data (such as name, address, and contact
kesehatan, biometrik, atau keuangan) sesuai ketentuan UU               details) and specific personal data (such as health, biometric,
27/2022.                                                               or financial data) in accordance with Law 27/2022.

Untuk menjamin kepatuhan, Perseroan menerapkan sistem                  To ensure compliance, the Company applies adequate internal
pengendalian internal yang memadai, melakukan pengelolaan              control systems, manages data with due care, and is committed
data secara hati-hati, serta berkomitmen mencegah segala               to preventing any form of misuse or unauthorized access. In the
bentuk penyalahgunaan atau akses tidak sah. Apabila terjadi            event of a data breach incident, the Company is obligated to
insiden kebocoran data, Perseroan berkewajiban melakukan               provide notification in accordance with the provisions of Law
pemberitahuan sesuai ketentuan UU 27/2022.                             27/2022.




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report             143
Page 146
Penerapan atas Pedoman Tata Kelola Perusahaan
Terbuka
Implementation of Corporate Governance Guidelines for Public Companies

Dalam menerapkan prinsip-prinsip Good Corporate Governance          In implementing the principles of Good Corporate Governance
(GCG), Perseroan berkomitmen untuk mematuhi ketentuan               (GCG), the Company is committed to complying with the
yang diatur dalam POJK No. 21/POJK.04/2015 serta SEOJK              provisions set forth in OJK Regulation No. 21/POJK.04/2015
No. 32/SEOJK.04/2015 mengenai Tata Kelola Perusahaan                and OJK Circular Letter No. 32/SEOJK.04/2015 regarding
Publik. Komitmen ini diwujudkan melalui berbagai inisiatif          Governance of Public Companies. This commitment is realized
yang memastikan seluruh kegiatan operasional Perseroan              through various initiatives ensuring that all of the Company’s
dijalankan secara transparan, akuntabel, dan bertanggung            operational activities are conducted in a transparent,
jawab.                                                              accountable, and responsible manner.

Sebagai bentuk implementasi, Perseroan menyajikan tabel             As part of its implementation, the Company presents a table
yang memuat prinsip, rekomendasi, serta penerapan GCG               outlining the GCG principles, recommendations, and their
sepanjang tahun 2025 dengan menggunakan pendekatan                  implementation throughout 2025 using a comply or explain
comply and explain.                                                 approach.

       Prinsip                   Rekomendasi OJK                    Keterangan                      Penjelasan
      Principle                 OJK Recommendation                    Notes                         Explanation

 A. Hubungan Perseroan Dengan Pemegang Saham Dalam Menjamin Hak-Hak Pemegang Saham
 A. The Company’s Relationship with Shareholders in Safeguarding Shareholders’ Rights
Prinsip 1             Perseroan memiliki cara atau prosedur          Terpenuhi     Prosedur teknis pengumpulan suara tercantum
Meningkatkan Nilai    teknis pengumpulan suara (voting) baik                       dalam tata tertib RUPS.
Penyelenggaraan       secara terbuka maupun tertutup yang
Rapat Umum            mengedepankan     independensi,   dan
Pemegang Saham        kepentingan pemegang saham.
(RUPS).
                      Seluruh anggota Direksi dan anggota           Penjelasan     Anggota Dewan Komisaris dan Direksi yang
                      Dewan Komisaris Perseroan hadir dalam                        hadir hanya yang berdomisili di Indonesia,
                      RUPS Tahunan.                                                yaitu: Warit Jintanawan (Komisaris), dan
                                                                                   Gunarso (Direktur Independen).
                      Ringkasan risalah RUPS tersedia dalam          Terpenuhi     Risalah RUPS telah dipublikasikan melalui
                      Situs Web Perusahaan Terbuka paling                          situs web Perseroan.
                      sedikit selama 1 (satu) tahun.
Principle 1           The Company has established technical           Comply       The technical procedures for voting are set
Enhancing the         procedures for voting, whether by open or                    forth in the rules of procedure for the GMS.
Quality of the        secret ballot, that prioritize independence
Implementation of     and the interests of shareholders.
General Meetings of
                      All members of the Board of Directors           Explain      Only members of the Board of Commissioners
Shareholders (GMS).
                      and the Board of Commissioners attend                        and the Board of Directors domiciled in
                      the Annual GMS.                                              Indonesia were present, namely: Warit
                                                                                   Jintanawan (Commissioner) and Gunarso
                                                                                   (Independent Director)
                      Summary of the minutes of the General           Comply       The minutes of the GMS have been published
                      Meeting of Shareholders (GMS) is made                        on the Company’s website.
                      available on the Public Company’s website
                      for a minimum period of one (1) year.
Prinsip 2             Memiliki suatu kebijakan komunikasi            Terpenuhi     Perseroan telah memiliki kebijakan komunikasi
Meningkatkan          dengan pemegang saham atau investor.                         kepada Investor.
Kualitas Komunikasi
                      Mengungkapkan kebijakan komunikasi             Terpenuhi     Telah dilaksanakan.
Perseroan dengan
                      Perseroan dalam situs web.
Pemegang Saham
atau Investor.
Principle 2           Disclose the Company’s communication            Comply       The Company has an investor communication
Improving the         policy on its website.                                       policy in place.
Quality of the
                      Disclose the Company’s communication            Comply       Has been implemented.
Company’s
                      policy on its website.
Communication with
Shareholders or
Investors.



            PT Keramika Indonesia Assosiasi Tbk
144         Laporan Tahunan & Laporan Keberlanjutan 2025
Page 147
  Ikhtisar Kinerja | Performance Highlights       Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                    Analisis dan Diskusi Manajemen
 Laporan Manajemen | Management Report                                                             Laporan Keberlanjutan | Sustainability Report
                                                 Management Discussion and Analysis




       Prinsip                         Rekomendasi OJK                   Keterangan                              Penjelasan
      Principle                       OJK Recommendation                   Notes                                 Explanation

B. Fungsi dan Peran Dewan Komisaris
B. Functions and Roles of the Board of Commissioners
Prinsip 3                 Penentuan jumlah anggota Dewan                  Terpenuhi          Perseroan telah memenuhi ketentuan dalam
Memperkuat                Komisaris mempertimbangkan kondisi                                 Pasal 20 POJK 33/2014 yaitu jumlah anggota
Keanggotaan dan           Perseroan.                                                         Dewan Komisaris lebih dari 2 (dua) orang.
Komposisi Dewan
                          Penentuan komposisi anggota Dewan               Terpenuhi          Dewan Komisaris telah dipilih berdasarkan
Komisaris.
                          Komisaris memperhatikan keberagaman                                keberagaman       keahlian,   pengetahuan,
                          keahlian, pengetahuan, dan pengalaman                              pengalaman, serta kondisi dan kompleksitas
                          yang dibutuhkan.                                                   bisnis Perseroan.
Principle 3               The number of members of the Board of             Comply           The Company has complied with the provisions
Strengthening             Commissioners is determined based on                               of Article 20 of POJK 33/2014, namely that the
the Membership            the Company’s circumstances.                                       Board of Commissioners must consist of more
and Composition                                                                              than two (2) members.
of the Board of
                          The composition of the Board of                   Comply           The Board of Commissioners has been selected
Commissioners.
                          Commissioners is determined with a view                            based on the diversity of expertise, knowledge,
                          to ensuring the diversity of expertise,                            and experience, as well as the nature and
                          knowledge, and experience required.                                complexity of the Company’s business.
Prinsip 4                 Dewan Komisaris mempunyai kebijakan             Terpenuhi          Penilaian Dewan Komisaris dilakukan melalui
Meningkatkan              penilaian sendiri (self-assessment)                                metode self-assessment.
Kualitas                  untuk menilai kinerja Dewan Komisaris.
Pelaksanaan Tugas
                          Kebijakan    penilaian  sendiri    (self-       Terpenuhi          Perseroan menegaskan adanya kebijakan
dan Tanggung Jawab
                          assessment) untuk menilai kinerja Dewan                            penilaian sendiri (self-assessment) oleh Dewan
Dewan Komisaris.
                          Komisaris, diungkapkan melalui Laporan                             Komisaris dalam Laporan Tahunan.
                          Tahunan Perseroan.
                          Dewan Komisaris mempunyai kebijakan             Terpenuhi          Perseroan berkomitmen menjaga integritas
                          terkait  pengunduran    diri   anggota                             dengan mendorong anggota Dewan Komisaris
                          Dewan Komisaris apabila terlibat dalam                             untuk mengundurkan diri jika terlibat dalam
                          kejahatan keuangan.                                                kejahatan keuangan.
                          Dewan Komisaris atau Komite yang                Terpenuhi          Dewan Komisaris melalui Komite Nominasi
                          menjalankan fungsi Nominasi dan                                    dan Remunerasi merencanakan suksesi dan
                          Remunerasi menyusun kebijakan suksesi                              regenerasi dalam proses nominasi anggota
                          dalam proses Nominasi anggota Direksi.                             Direksi maupun anggota Dewan Komisaris.
Principle 4               The Board of Commissioners has a                  Comply           The Board of Commissioners’ evaluation is
Improving the             self-assessment policy to evaluate                                 conducted through a self-assessment method.
Quality of the Board      the performance of the Board of
of Commissioners’         Commissioners.
Implementation
                          The     self-assessment   policy    for           Comply           The Company confirms the existence of
of Duties and
                          evaluating the performance of the Board                            a self-assessment policy by the Board of
Responsibilities.
                          of Commissioners is disclosed in the                               Commissioners in the Annual Report.
                          Company’s Annual Report.
                          The Board of Commissioners has a policy           Comply           The Company is committed to maintaining
                          regarding the resignation of Board                                 integrity by encouraging members of the
                          members if they are involved in financial                          Board of Commissioners to resign if they are
                          crimes.                                                            involved in financial crimes.
                          The Board of Commissioners or the                 Comply           The Board of Commissioners, through the
                          Committee responsible for Nomination                               Nomination and Remuneration Committee,
                          and Remuneration functions develops                                plans for succession and renewal in the
                          a succession policy as part of the                                 nomination process for members of the Board
                          nomination process for Board members.                              of Directors and the Board of Commissioners.
C. Fungsi dan Peran Direksi
C. Functions and Roles of the Board of Directors
Prinsip 5                 Penentuan jumlah Anggota Direksi                Terpenuhi          Perseroan telah memenuhi ketentuan Pasal 2
Memperkuat                mempertimbangkan kondisi Perseroan                                 POJK 33/2014 yaitu paling kurang terdiri dari 2
Keanggotaan dan           serta efektivitas dalam pengambilan                                (dua) orang anggota Direksi.
Komposisi Direksi.        keputusan.
                          Penentuan komposisi anggota Direksi             Terpenuhi          Direksi telah dipilih berdasarkan keberagaman
                          memperhatikan, keberagaman keahlian,                               keahlian, pengetahuan, pengalaman, serta
                          pengetahuan, dan pengalaman yang                                   kondisi dan kompleksitas bisnis Perseroan.
                          dibutuhkan.
                          Anggota Direksi yang membawahi bidang           Terpenuhi          Direktur yang membawahi bidang akuntansi
                          akuntansi atau keuangan memiliki                                   atau keuangan memiliki latar belakang
                          keahlian dan/atau pengetahuan di bidang                            pendidikan bidang keuangan.
                          akuntansi.


                                                                                             PT Keramika Indonesia Assosiasi Tbk
                                                                                        2025 Annual Report & Sustainability Report             145
Page 148
       Prinsip                    Rekomendasi OJK                    Keterangan                     Penjelasan
      Principle                  OJK Recommendation                    Notes                        Explanation

Principle 5            The determination of the number of             Comply      The Company has complied with the provisions
Strengthening          Board members takes into account                           of Article 2 of POJK 33/2014, which requires
Membership and         the Company’s circumstances and the                        that the Board of Directors consist of at least
Composition of the     effectiveness of decision-making.                          2 (two) members.
Board of Directors.
                       The composition of the Board is                Comply      The Board of Directors has been selected
                       determined with a view to ensuring the                     based on the diversity of expertise, knowledge,
                       diversity of expertise, knowledge, and                     and experience, as well as the nature and
                       experience required.                                       complexity of the Company’s business.
                       Board    members      responsible   for        Comply      The director in charge of accounting or finance
                       accounting or finance possess expertise                    has a background in finance.
                       and/or knowledge in the field of
                       accounting.
Prinsip 6              Direksi mempunyai kebijakan penilaian         Terpenuhi    Kinerja Direksi dinilai melalui metode self-
Meningkatkan           sendiri (self-assessment) untuk menilai                    assessment    sebagaimana      telah  diatur
Kualitas               kinerja Direksi.                                           peraturan dan perundang-undangan yang
Pelaksanaan Tugas                                                                 berlaku.
dan Tanggung Jawab
Direksi.               Kebijakan    penilaian  sendiri     (self-    Terpenuhi    Perseroan menegaskan adanya kebijakan
                       assessment) untuk menilai kinerja Direksi                  penilaian sendiri (self-assessment) oleh Direksi
                       diungkapkan melalui laporan tahunan                        dalam Laporan Tahunan.
                       Perseroan.
                       Direksi mempunyai kebijakan terkait           Terpenuhi    Perseroan berkomitmen menjaga integritas
                       pengunduran diri anggota Direksi apabila                   dengan mendorong anggota Direksi untuk
                       terlibat dalam kejahatan keuangan.                         mengundurkan diri jika terlibat dalam
                                                                                  kejahatan keuangan.
Principle 6            The Board of Directors has a self-             Comply      The performance of the Board of Directors is
Improving the          assessment policy to evaluate the                          evaluated through a self-assessment method,
Quality of the         performance of the Board of Directors.                     as stipulated by applicable regulations and
Board of Directors’                                                               laws.
Implementation
of Duties and          The self-assessment policy for evaluating      Comply      The Company confirms the existence of a self-
Responsibilities.      the performance of the Board of Directors                  assessment policy for the Board of Directors in
                       is disclosed in the Company’s annual                       the Annual Report.
                       report.
                       The Board of Directors has a policy            Comply      The Company is committed to maintaining
                       regarding the resignation of Board                         integrity by encouraging members of the
                       members if they are involved in financial                  Board of Directors to resign if they are involved
                       crimes.                                                    in financial crimes.
D. Partisipasi Pemangku Kepentingan
D. Stakeholder Participation
Prinsip 7              Perseroan memiliki kebijakan untuk            Terpenuhi    Perseroan telah menerapkan kebijakan terkait
Meningkatkan           mencegah terjadinya Insider Trading.                       pencegahan praktik Insider Trading.
Aspek Tata Kelola
Perusahaan             Perseroan memiliki kebijakan Antikorupsi      Terpenuhi    Perseroan telah menerapkan            kebijakan
melalui Partisipasi    dan Anti-Fraud.                                            Antikorupsi dan Anti-Fraud.
Pemangku                                                             Terpenuhi
Kepentingan.           Perseroan memiliki kebijakan tentang                       Kebijakan terkait Pemasok dan Vendor telah
                       seleksi dan peningkatan kemampuan                          disesuaikan dalam Kode Etik bagian Etika
                       pemasok atau vendor.                                       Bisnis yang mengatur etika karyawan terhadap
                                                                                  pemasok.

                       Perseroan memiliki kebijakan tentang          Terpenuhi    Hubungan dengan kreditur selalu diupayakan
                       pemenuhan hak-hak kreditur.                                untuk dijalankan oleh Perseroan secara
                                                                                  profesional dan saling menguntungkan.

                       Perseroan memiliki     kebijakan     sistem   Terpenuhi    Perseroan telah memiliki kebijakan terkait
                       whistleblowing.                                            Whistleblowing System.

                       Perseroan memiliki kebijakan Pemberian        Terpenuhi    Perseroan memberikan insentif jangka
                       insentif jangka panjang kepada Direksi                     panjang kepada Direksi dalam bentuk fasilitas
                       dan karyawan.                                              tempat tinggal dan kendaraan, sementara
                                                                                  untuk karyawan diberikan fasilitas kendaraan.
                                                                                  Pelaksanaan pemberian insentif jangka
                                                                                  panjang ini diatur dalam kebijakan internal
                                                                                  Perseroan.




             PT Keramika Indonesia Assosiasi Tbk
146          Laporan Tahunan & Laporan Keberlanjutan 2025
Page 149
  Ikhtisar Kinerja | Performance Highlights       Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                    Analisis dan Diskusi Manajemen
 Laporan Manajemen | Management Report                                                             Laporan Keberlanjutan | Sustainability Report
                                                 Management Discussion and Analysis




       Prinsip                         Rekomendasi OJK                   Keterangan                              Penjelasan
      Principle                       OJK Recommendation                   Notes                                 Explanation

Principle 7               The Company has a policy to prevent               Comply           The Company has implemented policies
Improving Corporate       insider trading.                                                   regarding the prevention of insider trading.
Governance through
Stakeholder               The Company has Anti-corruption and               Comply           The Company has implemented anti-corruption
Participation.            Anti-Fraud policies.                                               and anti-fraud policies.

                          The Company has a policy regarding the            Comply           Policy regarding suppliers and vendors have
                          selection and development of suppliers or                          been incorporated into the Code of Ethics
                          vendors.                                                           under the Business Ethics section, which
                                                                                             governs employee conduct toward suppliers.

                          The Company has a policy regarding the            Comply           The Company always strives to maintain
                          fulfillment of creditors’ rights.                                  professional     and     mutually beneficial
                                                                                             relationships with creditors.

                          The Company has a whistleblowing policy.          Comply           The Company has a policy regarding the
                                                                                             Whistleblowing System.

                          The Company has a policy regarding the            Comply           The Company provides long-term incentives
                          provision of long-term incentives to the                           to the Board of Directors in the form of
                          Board of Directors and employees.                                  housing and vehicle benefits, while employees
                                                                                             are provided with vehicle benefits. The
                                                                                             implementation of these long-term incentives
                                                                                             is governed by the Company’s internal policies.
E. Keterbukaan Informasi
E. Transparency
Prinsip 8                 Perseroan memanfaatkan penggunaan               Terpenuhi          Sebagai    media     keterbukaan   informasi
Meningkatkan              teknologi   informasi  secara  lebih                               dan komunikasi kepada para pemangku
Pelaksanaan               luas selain Situs Web sebagai media                                kepentingan, Perseroan telah memiliki sarana
Keterbukaan               keterbukaan informasi.                                             lain di samping Situs Web Perseroan, yakni
Informasi.                                                                                   media sosial berupa Instagram dan Facebook.

                          Laporan       Tahunan       Perseroan           Terpenuhi          Perseroan telah mengungkapkan pemilik
                          mengungkapkan pemilik manfaat akhir                                manfaat akhir dalam kepemilikan saham
                          dalam kepemilikan     saham Perseroan                              perusahaan, paling sedikit 5% selain
                          paling sedikit 5% (lima persen), selain                            Pemegang Saham Utama dan Pengendali
                          pengungkapan pemilik manfaat akhir                                 dalam Laporan Tahunan.
                          dalam kepemilikan     saham Perseroan
                          melalui pemegang saham utama dan
                          pengendali.

Principle 8               The Company utilizes information                  Comply           As a means of providing transparency and
Enhancing                 technology more broadly, in addition                               communicating     with   stakeholders,    the
Information               to its website, as a means of disclosing                           Company maintains other platforms in addition
Disclosure Practices      information.                                                       to its website, namely social media accounts
                                                                                             on Instagram and Facebook.

                          The Company’s Annual Report discloses             Comply           The Company has disclosed the beneficial
                          the ultimate beneficial owners holding at                          owners holding at least a 5% stake in the
                          least 5% (five percent) of the Company’s                           Company, excluding the Major Shareholders
                          shares, in addition to the disclosure of                           and Controlling Shareholders, in its Annual
                          ultimate beneficial owners holding the                             Report.
                          Company’s shares through major and
                          controlling shareholders.




                                                                                             PT Keramika Indonesia Assosiasi Tbk
                                                                                        2025 Annual Report & Sustainability Report             147
Page 150

          
Page 151
   Laporan
   Keberlanjutan
   Sustainability
   Performance




Lania Grey
FT 40 x 40 cm
Page 152
Tentang Laporan Keberlanjutan
About the Sustainability Report


Sejalan dengan arah perkembangan bisnis global yang               In line with global business trends that prioritize Environmental,
menempatkan aspek Lingkungan, Sosial, dan Tata Kelola (LST)       Social, and Governance (ESG) aspects as the foundation of
sebagai fondasi keberlanjutan, Perseroan secara proaktif          sustainability, the Company proactively continues to integrate
terus mengintegrasikan pertimbangan risiko dan peluang LST        ESG risk and opportunity considerations into its short- and
ke dalam strategi bisnis jangka pendek dan jangka panjang.        long-term business strategies. This commitment is realized
Komitmen ini diwujudkan melalui berbagai inisiatif penciptaan     through various initiatives that create both economic and social
nilai baik ekonomi maupun sosial yang seluruhnya disajikan        value, all of which are presented in the 2025 Sustainability
dalam Laporan Keberlanjutan Tahun 2025. Dokumen ini               Report. This document is an integral part of the Annual Report
merupakan bagian terpadu dari Laporan Tahunan, sekaligus          and serves as the Company’s communication medium to all
media komunikasi Perseroan kepada seluruh pemangku                stakeholders. In the previous period, the Sustainability Report
kepentingan. Pada periode sebelumnya, Laporan Keberlanjutan       was submitted to the regulator on April 22, 2025.
telah disampaikan kepada regulator pada 22 April 2025.


Laporan Keberlanjutan Tahun 2025 memuat informasi                 The 2025 Sustainability Report contains information
mengenai kinerja ekonomi serta capaian keberlanjutan              regarding the economic performance and sustainability
Perseroan dan Entitas Anak pada aspek lingkungan, sosial,         achievements of the Company and its Subsidiaries in the
dan tata kelola untuk periode 1 Januari – 31 Desember 2025.       environmental, social, and governance aspects for the period
Penyusunan laporan berpedoman pada Peraturan OJK                  January 1–December 31, 2025. The report was prepared in
No. 51/POJK.03/2017 mengenai Penerapan Keuangan                   accordance with OJK Regulation No. 51/POJK.03/2017 on the
Berkelanjutan dan Surat Edaran OJK No. 16/SEOJK.04/2021           Implementation of Sustainable Finance and OJK Circular Letter
terkait bentuk serta isi Laporan Tahunan Emiten atau              No. 16/SEOJK.04/2021 regarding the format and content of
Perusahaan Publik serta mengadaptasi panduan pelaporan            Annual Reports of Issuers or Public Companies, and adapts
ESG sistem pelaporan IDX. Sebagai bagian dari SCG Group,          the IDX’s ESG reporting guidelines. As part of the SCG Group,
Perseroan juga mengacu pada prinsip-prinsip keberlanjutan         the Company also adheres to SCG’s sustainability principles,
SCG, khususnya terkait aspek Safety & Environment serta BCM       particularly regarding Safety & Environment and BCM
(Business Continuity Management).                                 (Business Continuity Management).


Seluruh pengungkapan informasi pada laporan ini telah             All disclosures in this report have been prepared to be
disusun secara saling melengkapi dengan Laporan Tahunan           complementary to the 2025 Annual Report. Therefore,
2025. Oleh karena itu, informasi yang telah disajikan sesuai      information presented in accordance with the provisions of
ketentuan SEOJK 16/2021 tidak diulang kembali pada Bab            SEOJK 16/2021 is not repeated in this Sustainability Report
Laporan Keberlanjutan ini untuk menjaga kejelasan, efektivitas,   chapter to maintain clarity, effectiveness, and consistency in
dan konsistensi pelaporan.                                        reporting.


Pada tahun pelaporan ini, Perseroan belum melaksanakan            In this reporting year, the Company has not undergone a
verifikasi tertulis oleh pihak independen, sejalan dengan         written verification by an independent party, consistent
praktik pelaporan pada tahun-tahun sebelumnya. Meskipun           with reporting practices in previous years. Nevertheless,
demikian, Perseroan memastikan seluruh informasi dan              the Company ensures that all information and quantitative
data kuantitatif yang disajikan tetap konsisten dan andal         data presented remain consistent and reliable through a
melalui proses verifikasi internal yang dilaksanakan secara       meticulous internal verification process. Regarding financial
cermat. Sehubungan dengan aspek keuangan, informasi yang          aspects, the information presented in this report refers to the
disajikan dalam laporan ini mengacu pada laporan keuangan         Company’s consolidated financial statements for the period
konsolidasian Perseroan untuk periode 1 Januari hingga 31         from January 1 to December 31, 2025, which have been audited
Desember 2025, yang telah diaudit oleh Kantor Akuntan Publik      by an independent public accounting firm in accordance with
(KAP) independen sesuai dengan standar audit yang berlaku.        applicable auditing standards.




             PT Keramika Indonesia Assosiasi Tbk
150          Laporan Tahunan & Laporan Keberlanjutan 2025
Page 153
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




Komitmen Perseroan terhadap Praktik Bisnis
yang Berkelanjutan
The Company’s Commitment to Sustainable Business Practices [OJK A.1]


Selama lebih dari tujuh dekade beroperasi di industri                  Over more than seven decades of operating in the national
manufaktur ubin keramik nasional, Perseroan telah melalui              ceramic tile manufacturing industry, the Company has
berbagai dinamika dan tantangan yang membentuk                         navigated various dynamics and challenges that have shaped
ketangguhan hingga saat ini. Setiap perjalanan yang                    its resilience to this day. Every journey undertaken has served
dilalui menjadi pijakan penting dalam memperkuat fondasi               as a crucial foundation for strengthening the company’s
perusahaan di tengah kompetisi dan perubahan industri yang             foundation amidst intensifying competition and rapid industry
semakin cepat. Berbekal pengalaman sebagai salah satu pionir           changes. Drawing on its experience as one of Indonesia’s
keramik di Indonesia, Perseroan menyadari bahwa praktik                ceramic pioneers, the Company recognizes that responsible
operasional yang bertanggung jawab dan berkelanjutan kini              and sustainable operational practices are now a primary
menjadi tuntutan utama dari pemangku kepentingan, termasuk             demand from stakeholders, including global investors.
investor global.


Selaras dengan arahan pemegang saham—SCG Decor Public                  In line with the guidance of its shareholder—SCG Decor
Company Limited—yang terus mendorong transisi menuju                   Public Company Limited—which continues to drive the
energi rendah karbon, Perseroan menegaskan komitmennya                 transition toward low-carbon energy, the Company reaffirms
untuk berperan aktif dalam menghadapi perubahan iklim serta            its commitment to playing an active role in addressing
isu lingkungan dan sosial lainnya. Komitmen ini diwujudkan             climate change and other environmental and social issues.
melalui strategi keberlanjutan yang mengacu pada prinsip               This commitment is realized through a sustainability strategy
People, Planet, Prosperity, Peace, dan Partnership (5P’s). Bagi        based on the principles of People, Planet, Prosperity, Peace,
Perseroan, keberlanjutan bukan sekadar program tambahan,               and Partnership (the 5P’s). For the Company, sustainability is
melainkan prinsip dasar yang menuntun setiap keputusan                 not merely an additional program, but a fundamental principle
strategis, dengan menjunjung tinggi integritas, etika kerja,           guiding every strategic decision, upholding integrity, work
dan pertimbangan risiko dari aspek ekonomi, sosial, maupun             ethics, and risk considerations from economic, social, and
lingkungan.                                                            environmental perspectives.


Keberlanjutan merupakan fondasi masa depan yang ingin                  Sustainability is the foundation of the future we aim to build
dibangun bersama seluruh pemangku kepentingan. Oleh                    together with all stakeholders. Therefore, the Company not only
karena itu, Perseroan tidak hanya berfokus pada penciptaan             focuses on creating economic value through product innovation
nilai ekonomi melalui inovasi produk dan desain keramik                and high-quality, affordable ceramic designs, but is also
berkualitas yang terjangkau, tetapi juga berkomitmen                   committed to providing sustainable benefits to the community
memberikan manfaat berkelanjutan bagi masyarakat melalui               through various Social and Environmental Responsibility (SER)
berbagai program Tanggung Jawab Sosial dan Lingkungan                  programs. All of these initiatives are designed in alignment
(TJSL). Seluruh inisiatif tersebut dirancang selaras dengan            with the Sustainable Development Goals (SDGs).
Tujuan Pembangunan Berkelanjutan (TPB) atau Sustainable
Development Goals (SDGs).


Memasuki tahun 2025, Perseroan terus menyelaraskan                     Entering 2025, the Company continued to align its efforts
langkah untuk memperkuat pembangunan ekonomi yang                      to strengthen sustainable economic development while
berkelanjutan, sekaligus berkontribusi dalam menciptakan               contributing to the creation of a healthier, resilient, and more
ekosistem industri keramik yang lebih sehat, tangguh, dan              prosperous ceramic industry ecosystem, with a focus on
sejahtera, dengan memprioritaskan pencapaian SDGs berikut:             achieving the following SDGs:




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report             151
Page 154
          Program/Kegiatan Perusahaan dalam laporan ini                                 Target                     Tujuan SDGs
             Company’s Program/Activity in this Report                                  Targets                     SDGs Goals

› Bersama-sama dengan SCG Indonesia, KIA mengadakan program              Memastikan       pendidikan      yang
  beasiswa “Sharing the Dream” bagi remaja;                              inklusif dan berkualitas setara, juga
› Memastikan akses yang setara bagi anak perempuan dan laki-laki         mendukung      kesempatan     belajar
  untuk berkesempatan mengenyam tingkat pendidikan tinggi.               seumur hidup bagi semua.
› Together with SCG Indonesia, KIA held a scholarship program Ensure inclusive and equal education,
  “Sharing the Dream” for teenagers;                            and    support      lifelong learning
› Ensure equal access for children to the opportunity to obtain opportunities for everyone.
  higher education levels.

› Penyediaan lapangan kerja kepada siapa pun tanpa membedakan            Mencapai kesetaraan gender dan
  gender sepanjang yang bersangkutan mampu memenuhi                      memberdayakan semua perempuan
  kualifikasi yang dipersyaratkan;                                       dan anak perempuan.
› Mendukung program pengembangan karier karyawan;                        Achieving  gender    equality      and
› Menjamin pemenuhan hak-hak karyawan, termasuk hak bagi                 empowering all women and girls.
  karyawan perempuan; dan
› Kegiatan CSR bagi karyawan.
› Provide employment to anyone regardless of gender in accordance
  with the required qualifications;
› Support employee career development programs;
› Ensuring the fulfillment of employee rights, including the rights of
  female employees; and
› CSR activities for employees

›   Kinerja ekonomi berkelanjutan;                                       Mendukung     pertumbuhan ekonomi
›   Penciptaan lapangan kerja;                                           yang inklusif dan berkelanjutan,
›   Kepatuhan Sosial Ekonomi;                                            tenaga kerja penuh dan produktif dan
›   Mengentaskan kerja paksa;                                            pekerjaan yang layak bagi semua.
›   Melindungi hak-hak karyawan; dan                                     Promote inclusive and sustainable
›   Mendukung lingkungan kerja yang aman bagi seluruh karyawan.          economic growth, full and productive
›   Sustainable economic performance;                                    employment, and proper work for
›   Job creation;                                                        everyone.
›   Socio-Economic Compliance;
›   Eliminate forced labor;
›   Protect the rights of employees; and
›   Support a safe work environment for all employees.

› Mendorong industrialisasi yang inklusif dan berkelanjutan;             Membangun infrastruktur yang tahan
› Meningkatkan kemampuan teknologi, riset, dan inovasi; dan              lama,   mendukung     industrialisasi
› Mengadopsi teknologi bersih dan ramah lingkungan.                      yang inklusif dan berkelanjutan dan
› Promote inclusive and sustainable industrialization;                   membantu perkembangan inovasi.
› Improve technology, research, and innovation capabilities; and         Build       durable     infrastructure,
› Adopt clean and eco-friendly technology.                               support inclusive and sustainable
                                                                         industrialization,  and        support
                                                                         innovation development.

› Menjamin produksi keramik yang berkelanjutan sesuai standar            Memastikan pola konsumsi           dan
  SNI & ISO;                                                             produksi yang berkelanjutan.
› Tersertifikasi sebagai produk ramah lingkungan oleh GREEN              Ensure sustainable consumption and
  LABEL INDONESIA;                                                       production patterns.
› Menerapkan manajemen produksi yang ramah lingkungan;
› Mengurangi produksi limbah melalui tindakan pencegahan,
  pengurangan, daur ulang dan penggunaan kembali; dan
› Mengadopsi praktik yang berkelanjutan dan menyajikan informasi
  tersebut di dalam siklus laporan.
› Ensure sustainable ceramic production comply with SNI & ISO
  standards;
› Certified as environmentally friendly product by GREEN LABEL
  INDONESIA;
› Implement environmentally friendly production management;
› Reducing waste production through prevention, reduction,
  recycling, and reuse; and
› Adopt sustainable practices and present them in the reporting
  cycle.




              PT Keramika Indonesia Assosiasi Tbk
152           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 155
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




Ikhtisar Aspek Keberlanjutan
Summary of Sustainability Aspects


Aspek Ekonomi
Economic Aspects [OJK B.1]
Keterangan                                             Satuan
                                                                                                 2025               2024              2023
Descriptions                                           Unit

Kuantitas Produk Terjual                               Jumlah (boks)                             12.121.919       11.890.083         11.587.999
Quantity of Products Sold                              Total (box)

Penjualan                                              Dalam jutaan Rupiah                          611.942           591.934           562.621
Revenues                                               In millions of Rupiah

Laba (Rugi) Bersih                                     Dalam jutaan Rupiah                          (11.988)         (25.094)           (33.921)
Net Loss                                               In millions of Rupiah

Total Aset                                             Dalam jutaan Rupiah                         932.350            983.701           968.386
Total Assets                                           In millions of Rupiah

Jumlah Liabilitas                                      Dalam jutaan Rupiah                         150.006            188.182           148.552
Total Liabilities                                      In millions of Rupiah

Produk Ramah Lingkungan                                Stock Keeping Unit (SKU)                          361               661               553
Environmentally Friendly Products

Jumlah Tenaga Kerja Lokal                              Orang                                            735                775                   812
Local Labor Personnel                                  People

Jumlah Pemasok Lokal                                   Entitas                                          327                364               378
Local Suppliers                                        Entity


Aspek Lingkungan Hidup
Environmental Aspects [OJK B.2] [IDX E-01, E-02, E-03, E-04, E-05]
Keterangan                                             Satuan
                                                                                                 2025               2024              2023
Descriptions                                           Unit

Penggunaan energi listrik                              kWh                                     28.404.468         30.937.385          31.234.411
Electricity usage
                                                       GJ                                          102.256             111.375           112.444

Penggunaan BBM
                                                       GJ                                             8.426             8.660              7.923
Fuel Usage

Total energi
                                                       GJ                                         1.125.165          1.117.024         1.168.685
Total energy

Intensitas energi                                      GJ/jutaan Rupiah
                                                                                                        1,84               1,89              2,08
Energy intensity                                       GJ/million Rupiah

Penggunaan air
                                                       m3                                           172.162           151.870            155.167
Water usage

Emisi Gas rumah Kaca (GRK) Cakupan 1
                                                       Ton CO2eq                                     51.697            50.833            53.363
Greenhouse Gas (GHG) Emissions, Scope 1

Emisi Gas rumah Kaca (GRK) Cakupan 2
                                                       Ton CO2eq                                     24.712            26.916              27.174
Greenhouse Gas (GHG) Emissions, Scope 2

Intensitas emisi                                       Ton CO2eq/jutaan Rupiah
                                                                                                        0,12               0,13              0,14
Emissions intensity                                    Tons of CO2eq/million Rupiah

Penggunaan kertas                                      Rim
                                                                                                         341               260               462
Paper usage                                            Reams

Jumlah limbah                                          Ton
                                                                                                     31.280             27.501            31.954
Total waste                                            Tons




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report             153
Page 156
Keterangan                                                  Satuan
                                                                                                    2025          2024          2023
Descriptions                                                Unit

Pelestarian keanekaragaman hayati                           Perseroan tidak melaksanakan kegiatan konservasi keanekaragaman hayati.
Biodiversity conservation                                   Namun, Perseroan tetap berkomitmen mendukung pelestarian biodiversitas
                                                            melalui penerapan praktik operasional yang bertanggung jawab dan minim
                                                            dampak lingkungan.
                                                            The Company does not engage in biodiversity conservation activities.
                                                            However, the Company remains committed to supporting biodiversity
                                                            conservation through the implementation of responsible operational
                                                            practices that minimize environmental impact.
* Angka tahun sebelumnya telah disajikan kembali (restatement) untuk menyesuaikan perubahan metodologi perhitungan.
* The prior-year figures have been restated to reflect changes in accounting methods.



Aspek Sosial [OJK B.3]
Social Aspects [OJK B.3]
Keterangan                                                  Satuan
                                                                                                    2025          2024          2023
Descriptions                                                Unit

Jumlah karyawan                                             Orang                                          735           775           812
Number of employees                                         People

Jumlah karyawan perempuan                                   Orang                                           41           46            46
Number of female employees                                  People

Tingkat Pergantian Pegawai                                  Persen                                     5,30%          4,56%        0,85%
Employee Turnover Rate                                      Percent

Jumlah Kecelakaan Kerja                                     Orang                                            0             0            0
Total Work Accidents                                        People

Jumlah jam pelatihan karyawan                               Jam                                            440           88            230
Employee's training hours                                   Hours

Penyaluran dana TJSL                                        Dalam Rp                                6.184.500    44.890.250    16.303.550
Distribution of CSR funds                                   In Rp

Beasiswa “Sharing the Dream”                                Orang                                          427           410           417
“Sharing the Dream” Scholarship                             People

Kepuasan pelanggan*                                         Persen                                      99%            98%          95%
Customer satisfaction*                                      Percent
*) Perhitungan dilakukan dengan asumsi jumlah pelanggan sebanyak 1.000 orang.
*) The calculation is conducted with the assumption that the number of customers is 1,000 people.




               PT Keramika Indonesia Assosiasi Tbk
154            Laporan Tahunan & Laporan Keberlanjutan 2025
Page 157
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




Profil Perseroan
Company Profile

Informasi terkait Profil Perseroan telah diungkapkan pada Bab          Information regarding the Company Profile is disclosed in the
Profil Perusahaan.                                                     Company Profile section.




Penjelasan Direksi
Explanation by the Board of Directors [OJK D.1] [OJK D.2] [OJK D.3]


Penjelasan Direksi yang meliputi kebijakan untuk merespons             The Board of Directors’ Explanation, which includes policies
tantangan dalam pemenuhan strategi keberlanjutan,                      for addressing challenges in implementing sustainability
penjelasan respons Perseroan terkait penerapan Keuangan                strategies, the Company’s response regarding the application
Berkelanjutan, dan strategi pencapaian target telah disajikan          of Sustainable Finance, and strategies for achieving targets,
dalam Laporan Direksi pada Laporan Tahunan ini.                        is presented in the Board of Directors’ Report in this Annual
                                                                       Report.




Tata Kelola Keberlanjutan
Sustainability Governance


Penanggung Jawab Keberlanjutan KIA [OJK E.1]                           KIA Sustainability Officer [OJK E.1]

Untuk memastikan penerapan prinsip keberlanjutan berjalan              To ensure the implementation of sustainability principles
selaras dengan regulasi POJK 51/2017, Perseroan menugaskan             aligns with POJK 51/2017 regulations, the Company has
Divisi Sustainable Development & Quality Assurance (SD                 designated the Sustainable Development & Quality Assurance
& QA) sebagai unit yang memimpin pengelolaan agenda                    (SD & QA) Division as the unit leading the management of the
keberlanjutan. Divisi ini memiliki mandat khusus untuk                 sustainability agenda. This division has a specific mandate to
mengintegrasikan praktik bisnis ramah lingkungan dalam                 integrate environmentally friendly business practices into the
operasional Perseroan serta memastikan kepatuhan terhadap              Company’s operations and ensure compliance with Sustainable
standar Sustainable Development, termasuk aspek Safety                 Development standards, including Safety & Environment and
& Environment dan Business Continuity Management (BCM)                 Business Continuity Management (BCM) aspects adopted from
yang diadopsi dari SCG Thailand. Tanggung jawab divisi                 SCG Thailand. The division’s responsibilities include quality
mencakup pengendalian mutu (Quality Assurance dan Quality              control (Quality Assurance and Quality Control of Finished
Control Finished Goods) serta pengelolaan keselamatan dan              Goods) as well as comprehensive management of safety and
lingkungan secara menyeluruh.                                          the environment.


SD & QA berada langsung di bawah pengawasan Direksi,                   SD & QA report directly to the Board of Directors, ensuring that
sehingga setiap perkembangan dan kinerja keberlanjutan                 all developments and sustainability performance are regularly
dibahas secara rutin dalam rapat Direksi bersama Divisi                discussed during Board meetings with the Operations Division.
Operation. Melalui forum ini, Direksi melakukan evaluasi atas          Through this forum, the Board evaluates progress toward
pencapaian target-target keberlanjutan yang telah ditetapkan           established sustainability targets and provides strategic
serta memberikan arahan strategis untuk menjawab isu-isu               guidance to address emerging sustainability issues.
keberlanjutan yang berkembang.




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report             155
Page 158
Dengan dukungan tim yang kompeten dan fokus pada praktik          With the support of a competent team focused on responsible
operasional bertanggung jawab, Perseroan memastikan bahwa         operational practices, the Company ensures that all business
seluruh aktivitas bisnis tidak hanya memberikan nilai ekonomi,    activities not only generate economic value but also produce
tetapi juga menghasilkan dampak positif bagi lingkungan dan       positive impacts on the environment and society. This approach
masyarakat. Pendekatan ini menjadi landasan penting dalam         serves as a crucial foundation in strengthening the Company’s
memperkuat perjalanan Perseroan menuju operasional yang           journey toward increasingly sustainable operations.
semakin berkelanjutan.


Rincian mengenai struktur tata kelola, komite yang terkait,       Details regarding the governance structure, related
serta evaluasi atas kinerja organ pengawas dan pengurus           committees, and evaluations of the performance of the
Perseroan dapat dilihat pada Laporan Tahunan 2025.                Company’s supervisory and management bodies can be found
                                                                  in the 2025 Annual Report.


Kompetensi Penanggung Jawab Praktik Bisnis                        Competencies of the Person in Charge of
Pengembangan Berkelanjutan [OJK E.2]                              Sustainable Business Development Practices
                                                                  [OJK E.2]


Dalam rangka memperkuat kesiapan organisasi terhadap              To strengthen the organization’s readiness to meet
tuntutan keberlanjutan, Perseroan terus mengadakan program        sustainability requirements, the Company continues to conduct
pengembangan kompetensi bagi karyawan di seluruh unit             competency development programs for employees across all
kerja, dengan fokus pada regulasi keberlanjutan dan penerapan     business units, with a focus on sustainability regulations and
praktik LST yang sesuai dengan karakter industri keramik.         the implementation of ESG practices tailored to the nature of
                                                                  the ceramics industry.


Sepanjang tahun 2025, Perseroan menyelenggarakan berbagai         Throughout 2025, the Company organized various training
program pelatihan, workshop, dan seminar yang ditujukan untuk     programs, workshops, and seminars aimed at broadening
memperluas wawasan serta meningkatkan kompetensi teknis           the horizons and enhancing the technical competencies of
para penanggung jawab keberlanjutan. Kegiatan ini diikuti oleh    sustainability officers. These activities were attended by
perwakilan karyawan dari Divisi Sustainable Development &         employee representatives from the Sustainable Development
Quality Assurance (SD & QA) unit yang memiliki mandat utama       & Quality Assurance (SD & QA) Division, the unit primarily
dalam memastikan implementasi komitmen keberlanjutan              responsible for ensuring the implementation of the Company’s
Perseroan. Adapun rangkaian kegiatan pengembangan                 sustainability commitments. The series of competency
kompetensi tersebut meliputi:                                     development activities included:


      Nama dan/atau Jabatan             Jenis Pendidikan dan Pelatihan         Tempat/Tanggal               Penyelenggara
       Name and/or Position             Type of Education and Training           Venue/Date                   Organizer

Badri (Mandor/Foreman)                 Pelatihan Teknis Bidang Keramik   Bandung, 10-12 November        Balai Besar Keramik
Ariyanto (Pengawas/Supervisor)         Technical Training in Ceramics    2025

Imam Yusup (Staf Administrasi/         Power BI                          Online, 3-5 Februari/          PT Internusa Alfindo
Administration Staff)                                                    February 2025                  Ventura

Khafid Kholid (Mandor/Foreman)         Petugas Pemadam Kebakaran         Online, 28-29 Juli/July 2025   PT Sinergi Solusi
Uci Sanuri (Mandor/Foreman)            Firefighter                       Offline, 31 Juli/July 2025     Indonesia
Syaripudin (Inspektur/Inspector)

Doedy Hidayat S                        Auditor Energi                    Online, 19-22 Agustus/         PT Upaya Riksa Patra
                                       Energy Auditor                    August 2025




             PT Keramika Indonesia Assosiasi Tbk
156          Laporan Tahunan & Laporan Keberlanjutan 2025
Page 159
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




Manajemen Risiko Lingkungan, Sosial, dan Tata                          Environmental, Social, and Governance (“ESG”)
Kelola (“LST”) [OJK E.3]                                               Risk Management [OJK E.3]

Keberlanjutan operasional Perseroan menuntut perhatian                 The Company’s operational sustainability requires serious
serius terhadap risiko-risiko yang muncul dari setiap aktivitas        attention to risks arising from every business activity,
bisnis, terutama yang berkaitan dengan aspek lingkungan,               particularly those related to environmental, social, and
sosial, dan tata kelola (LST). Sebagai produsen ubin keramik,          governance (ESG) aspects. As a ceramic tile manufacturer,
proses produksi Perseroan memerlukan konsumsi energi                   the Company’s production process requires significant daily
listrik dan gas yang signifikan setiap harinya. Aktivitas ini          consumption of electricity and gas. These activities enable the
memungkinkan Perseroan menyediakan produk berkualitas                  Company to provide high-quality products to various market
tinggi bagi berbagai segmen pasar, mulai dari rumah tangga             segments, ranging from households to the construction sector.
hingga sektor konstruksi. Namun, aktivitas manufaktur juga             However, manufacturing activities also have environmental
membawa dampak lingkungan yang perlu dikelola, antara lain:            impacts that need to be managed, including: changes in land
perubahan kondisi lahan pasca-penambangan bahan baku,                  conditions following raw material mining, dust and material
debu dan sisa material di area pengolahan, pecahnya produk,            residues in processing areas, product breakage, and gas
serta emisi gas dari proses pembakaran keramik (CO, SO2, NOx).         emissions from the ceramic firing process (CO, SO2, NOx).


Menyadari eksposur risiko yang tinggi, Perseroan menerapkan            Recognizing the high risk exposure, the Company implements
Sistem Manajemen Lingkungan (SML) yang sesuai dengan                   an Environmental Management System (EMS) in accordance
regulasi dan standar yang berlaku. Langkah-langkah mitigasi            with applicable regulations and standards. Mitigation measures
yang dijalankan mencakup efisiensi penggunaan energi dan               implemented include energy and water efficiency, management
air, pengelolaan limbah B3 dan non-B3 sesuai peraturan,                of hazardous and non-hazardous waste in accordance with
pengendalian kebisingan, serta pemeliharaan kualitas udara di          regulations, noise control, and maintenance of air quality in the
lingkungan pabrik.                                                     factory environment.


Dalam kerangka tata kelola yang berkelanjutan, Divisi                  Within the framework of sustainable governance, the
Sustainable Development & Quality Assurance (SD & QA)                  Sustainable Development & Quality Assurance (SD & QA)
memegang peran sentral sebagai pengelola risiko. Unit ini,             Division plays a central role as the risk manager. This unit,
bersama dengan tim terkait, bertugas mengidentifikasi risiko           together with relevant teams, is responsible for identifying
LST yang melekat pada proses manufaktur, merancang langkah             ESG risks inherent in the manufacturing process, designing
mitigasi yang efektif, serta memastikan praktik operasional            effective mitigation measures, and ensuring that operational
tetap selaras dengan prinsip-prinsip keberlanjutan. Seluruh            practices remain aligned with sustainability principles. All
temuan dan rekomendasi terkait risiko LST dilaporkan secara            findings and recommendations regarding ESG risks are
berkala kepada Direksi dan Dewan Komisaris, sehingga dapat             reported periodically to the Board of Directors and the Board
menjadi dasar pengambilan keputusan strategis.                         of Commissioners, thereby serving as a basis for strategic
                                                                       decision-making.


Perseroan menegaskan bahwa pengelolaan risiko LST                      The Company emphasizes that ESG risk management is not
bukan sekadar kepatuhan regulasi, tetapi merupakan bagian              merely about regulatory compliance but is an integral part
integral dari strategi bisnis berkelanjutan. Melalui pendekatan        of its sustainable business strategy. Through this approach,
ini, Perseroan memastikan praktik bisnis tidak hanya                   the Company ensures that business practices are not only
menguntungkan dan efisien, tetapi juga bertanggung jawab               profitable and efficient but also responsible toward the
terhadap lingkungan dan masyarakat.                                    environment and society.


Sepanjang tahun 2025, Perseroan telah memetakan profil risiko          Throughout 2025, the Company has mapped out ESG risk
LST yang memiliki dampak signifikan terhadap kelangsungan              profiles that have a significant impact on long-term business
usaha jangka panjang. Risiko-risiko ini meliputi berbagai aspek        continuity. These risks encompass various environmental
lingkungan dan sosial yang secara langsung maupun tidak                and social aspects that are directly or indirectly related
langsung terkait dengan operasional manufaktur. Pemetaan ini           to manufacturing operations. This mapping serves as the
menjadi landasan bagi Perseroan untuk merancang tindakan               foundation for the Company to design proactive mitigation
mitigasi proaktif dan memperkuat tata kelola yang mendukung            measures and strengthen governance that supports
keberlanjutan bisnis secara menyeluruh.                                comprehensive business sustainability.




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report             157
Page 160
 Kategori Risiko         Indikator Risiko Utama            Skala Risiko                 Rencana/Kegiatan Mitigasi
  Risk Category              Key Risk Events                Risk Scale                   Mitigation Plan/Activities

Masukan             Kenaikan harga energi dan                 Tinggi      › Meningkatkan efisiensi pemakaian energi di Kiln &
Input               bahan baku                                 High         Spray Dryer serta memaksimalkan pemakaian solar
                    Energy and raw material price                           panel untuk menghasilkan energi hijau dan bersih.
                    increase                                              › Meningkatkan kolaborasi dan kerja sama yang lebih
                                                                            intens dengan sesama SCG Décor serta meminimalkan
                                                                            waste.
                                                                          › Terus mencari material bahan baku yang lebih
                                                                            kompetitif, berkelanjutan dan mengamankan stock.
                                                                          › Improve energy efficiency in the Kiln and Spray Dryer
                                                                            and maximize the use of solar panels to produce green
                                                                            and clean energy.
                                                                          › Enhance collaboration and cooperation with SCG
                                                                            Décor colleagues and minimize waste.
                                                                          › Continuously look for more competitive, sustainable
                                                                            raw materials and securing the stock.

Tata Kelola &       Mematuhi perundang-undangan              Rendah       › Membina hubungan baik dengan PIC (person in
Kepatuhan           yang berlaku, akan tetapi pada            Low           charge) yang bertugas di Kementerian Energi dan
Governance &        kondisi tertentu jika terjadi                           Sumber Daya Mineral (ESDM) dan Badan Koordinasi
Compliance          pembaharuan pada Peraturan                              Penanaman Modal (BKPM), serta secara berkala
                    Daerah    di    wilayah   operasi                       menindaklanjutinya.
                    maka     dapat     mengakibatkan                      › Sudah mendaftar keanggotaan/secara konsisten
                    ketidakpatuhan                                          memantau tanggal berakhirnya perizinan tersebut.
                    Comply with the prevailing                            › Fostering good relations with PICs on duty at the
                    regulations, however on certain                         Ministry of Energy and Mineral Resources (ESDM) and
                    condition if there is amendment                         Indonesian Investment Coordinating Board (BKPM),
                    to the Local Regulation where the                       and periodically following up on them
                    Company operates may caused                           › Already registered for membership/consistently
                    non-compliance                                          monitors expiration date

Kesehatan           Paparan Debu dan Paparan                 Rendah       › Optimalisasi fungsi dust collector dan penggunaan
Health              Panas                                     Low           masker oleh karyawan secara konsisten.
                    Dust Exposure and Heat                                › Memaksimalkan fungsi insulasi di Kiln dan penyediaan
                    Exposure                                                air minum di area strategis untuk mencegah
                                                                            terjadinya dehidrasi pada karyawan yang bekerja di
                                                                            area produksi.
                                                                          › Optimization of the dust collector function and
                                                                            consistent use of masks by employees.
                                                                          › Maximize the insulation function in the Kiln and
                                                                            provide drinking water in strategic areas to prevent
                                                                            dehydration of employees working in the production
                                                                            area.

Risiko Lingkungan   Kecelakaan kerja akibat kegiatan         Rendah       › Membangun budaya keselamatan kerja yang
& Sosial            operasi Risiko pencemaran udara           Low           didukung oleh keterlibatan Supervisor & Manajer.
Environmental &     akibat emisi gas buang dan limbah                     › Melakukan pemantauan parameter lingkungan hidup
Social Risk         B3                                                      secara berkala.
                    Accident from operation Risk of air                   › Build work safety culture supported by the involvement
                    pollution due to exhaust emissions                      of Supervisors & Managers.
                    and hazardous waste                                   › Conduct regular monitoring of environmental
                                                                            parameters.

Proses              Kerusakan mesin utama                    Sedang       › Melakukan Preventive Maintenance secara periodik
Process             Main machine breakdown                   Medium         dan konsisten sebagai langkah pencegahan.
                                                                          › Memastikan “Insurance Stock” selalu tersedia/ada
                                                                          › Melakukan peremajaan ataupun rekondisi mesin yang
                                                                            dapat meningkatkan kualitas, kapasitas, dan value
                                                                            produk.
                                                                          › Perform Preventive Maintenance periodically and
                                                                            consistently as a preventive measure.
                                                                          › Ensure "Insurance Stock" is always available.
                                                                          › Conduct machine rejuvenation or reconditioning to
                                                                            improve quality, capacity, and product value.




            PT Keramika Indonesia Assosiasi Tbk
158         Laporan Tahunan & Laporan Keberlanjutan 2025
Page 161
   Ikhtisar Kinerja | Performance Highlights             Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                           Analisis dan Diskusi Manajemen
 Laporan Manajemen | Management Report                                                                    Laporan Keberlanjutan | Sustainability Report
                                                        Management Discussion and Analysis




  Kategori Risiko              Indikator Risiko Utama               Skala Risiko                         Rencana/Kegiatan Mitigasi
   Risk Category                   Key Risk Events                   Risk Scale                           Mitigation Plan/Activities

Bisnis                  Pasar yang relatif lesu karena                 Rendah          › Fokus pada produk yang mempunyai nilai jual tinggi
Business                kondisi over supply                             Low              dengan biaya yang relatif rendah (5 Star Product-1 Star
                        Relatively sluggish market due to                                Cost & Low Carbon)
                        oversupply                                                     › Mengembangkan produk baru dengan inovasi-inovasi
                                                                                         yang dapat diterima/disukai pasar
                                                                                       › Meningkatkan kolaborasi dengan tim SCG Décor
                                                                                         lainnya
                                                                                       › Focus on products that have high selling value at
                                                                                         relatively low cost (5 Star Product-1 Star Cost & Low
                                                                                         Carbon)
                                                                                       › Develop new products with innovations that can be
                                                                                         accepted/ liked by the market
                                                                                       › Increase collaboration with other SCG Décor teams


Rincian lebih lanjut mengenai sistem manajemen risiko yang                      Further details regarding the risk management system
diterapkan Perseroan dapat ditemukan pada Laporan Tahunan                       implemented by the Company can be found in the 2025 Annual
2025, Bab Tata Kelola Perusahaan.                                               Report, under the Corporate Governance section.

Pelibatan Pemangku Kepentingan [OJK E.4]                                        Stakeholder Engagement [OJK E.4]

Keberlanjutan usaha Perseroan hingga saat ini tidak lepas                       The Company’s business continuity to date is inseparable from
dari dukungan dan kepercayaan yang konsisten diberikan                          the consistent support and trust provided by shareholders
oleh pemegang saham serta seluruh pemangku kepentingan.                         and all stakeholders. Recognizing the importance of their role,
Menyadari pentingnya peran mereka, Perseroan berkomitmen                        the Company is committed to continuing to grow inclusively
untuk terus tumbuh secara inklusif dengan membangun                             by building harmonious relationships, maintaining open
hubungan yang harmonis, komunikasi yang terbuka, serta                          communication, and striving to meet the expectations and
berupaya memenuhi ekspektasi dan aspirasi pemangku                              aspirations of stakeholders as part of its corporate social
kepentingan sebagai bagian dari tanggung jawab sosial                           responsibility.
perusahaan.


Sepanjang tahun 2025, Perseroan telah melakukan                                 Throughout 2025, the Company conducted a stakeholder
pemetaan pemangku kepentingan yang memiliki pengaruh                            mapping to identify parties with a significant influence on
signifikan terhadap kelangsungan usaha. Pemetaan ini                            business sustainability. This mapping considered both proximity
mempertimbangkan faktor kedekatan (proximity) dan tingkat                       and the level of influence (power) of each stakeholder group, in
kepentingan (power) dari masing-masing kelompok, guna                           order to ensure effective engagement and mutually beneficial
memastikan interaksi yang efektif serta kontribusi yang                         contributions between the Company and its stakeholders.
saling menguntungkan antara Perseroan dan para pemangku
kepentingan:


 Pemangku Kepentingan dan
                                               Pendekatan Keterlibatan              Harapan Pemangku
      Dasar Pemilihan                                                                                                       Respons Perusahaan
                                                Engagement Approach                    Kepentingan
  Stakeholders and Basis for                                                                                                 Company Initiatives
                                                                                  Stakeholder Expectations
          Selection
Pelanggan:                              - Komunikasi sehari-hari baik           Kualitas produk, keamanan,             - Layanan call center
Penting bagi pertumbuhan                  secara online atau offline.           kelancaran koneksi.                    - Sarana informasi via
usaha.                                  - Call Center.                          Product quality, safety, and             website
Customers:                              - Daily communication, both             reliable connectivity.                 - Call center services
Essential for business growth.            online and offline.                                                          - Information resources via
                                        - Call Center.                                                                   the website
Karyawan:                              Kegiatan kerja setiap            hari/ Kesejahteraan, Keselamatan Jaminan Asuransi Kesehatan
Penting      sebagai  Aset             pertemuan berkala.                     dan Kesehatan Kerja (K3), dan & Keselamatan BPJS, Fasilitas,
perusahaan           dalam             Daily work         activities/regular pengembangan karyawan.         Tunjangan, Sarana, Prasarana.
memberikan pelayanan yang              meetings.                              Well-being,    Occupational Program       pelatihan     dan
profesional.                                                                  Safety and Health (OSH), and pengembangan.
Employees:                                                                      employee development.                 Health and Safety Insurance
Essential as company assets                                                                                           Coverage (BPJS), Facilities,
in    providing professional                                                                                          Benefits,    Resources,  and
services.                                                                                                             Infrastructure. Training and
                                                                                                                      development programs.

                                                                                                    PT Keramika Indonesia Assosiasi Tbk
                                                                                               2025 Annual Report & Sustainability Report             159
Page 162
 Pemangku Kepentingan dan
                                    Pendekatan Keterlibatan        Harapan Pemangku
      Dasar Pemilihan                                                                                Respons Perusahaan
                                     Engagement Approach              Kepentingan
  Stakeholders and Basis for                                                                          Company Initiatives
                                                                 Stakeholder Expectations
          Selection
Masyarakat:                      Kegiatan CSR dan pertemuan Dampak/dukungan           nyata Kegiatan     CSR    meliputi
Penting   untuk     menjaga      dengan masyarakat.         yang positif.                   pendidikan, kesehatan, dan
hubungan    yang   harmonis      CSR activities and community Tangible positive impacts and lingkungan.
karena Perseroan berada di       meetings.                    support.                      CSR      activities  include
tengah masyarakat.                                                                          education, health, and the
Community:                                                                                  environment.
Essential  for   maintaining
harmonious relationships, as
the Company operates within
the community.
Pemerintah:                Pertemuan    dan    komunikasi       Kepatuhan Kontribusi Ekonomi › Pemenuhan kewajiban
Sebagai regulator kegiatan saat pemenuhan dan sosialisasi       Sosial Lingkungan.             terhadap Pemerintah/
usaha yang harus dipatuhi. peraturan seperti perizinan dan      Compliance with Economic,      Pemda dan regulator usaha
Government:                pelaporan.                           Social, and Environmental      yang terkait lainnya seperti
As the regulator of business Meetings and communication (ESG) Contributions.                   BEI, OJK dll.
activities, whose regulations regarding compliance with and                                  › Berkontribusi baik aspek
must be complied with.        dissemination of regulations,                                    ekonomi dan sosial.
                              such as permitting and reporting.                              › Fulfillment of obligations
                                                                                               to the Government/Local
                                                                                               Government and other
                                                                                               relevant business regulators
                                                                                               such as the IDX, OJK, etc.
                                                                                             › Contributing to both
                                                                                               economic and social
                                                                                               aspects.
Pemegang Saham/Investor:         RUPS dan pertemuan lainnya  Keterbukaan         informasi, Secara berkala menyediakan
Organ tertinggi dalam struktur   dengan investor.            peningkatan     kinerja   dan laporan yang transparan dan
tata kelola yang memiliki hak   AGMS and other meetings with keuntungan investasi.          peningkatan kinerja usaha.
suara dan yang berinvestasi     investors.                   Transparency of information, Periodically           providing
mengharapkan imbal hasil.                                    improved performance, and transparent                 reports
Shareholders/Investors:                                      return on investment.          and    improving     business
The highest authority in the                                                                performance.
governance structure with
voting rights; investors expect
a return on their investment.
Pemasok dan Mitra Usaha:     Komunikasi     saat     proses     Kemudahan kerja sama dan Transparansi prosedur kerja
Mitra     kerja    penunjang pengadaan                          perlakuan yang sama.      sama, memberi peluang yang
kelancaran operasional.      Communication    during    the     Ease of collaboration and sama atas dasar kemampuan
Suppliers     and   Business procurement process                equal treatment.          dan kualitas.
Partners:                                                                                       Transparency in cooperation
Partners who support the                                                                        procedures, providing equal
smooth operation of the                                                                         opportunities based on ability
business.                                                                                       and quality.
Lainnya jika ada                 N/A
Others, if any


Tantangan,     Perkembangan,  dan    Peluang                    Challenges, Developments, and Opportunities
Penerapan Praktik Bisnis Berkelanjutan Tahun                    in the Implementation of Sustainable Business
2025 [OJK E.5]                                                  Practices by 2025 [OJK E.5]

Perhatian global terhadap perubahan iklim dan isu               Global attention to climate change and sustainability issues
keberlanjutan semakin meningkat, sejalan dengan komitmen        continues to increase, in line with the Government of Indonesia’s
Pemerintah Indonesia dalam mempercepat transisi energi          commitment to accelerating the national energy transition
nasional menuju Net Zero Emissions (NZE) pada tahun 2060.       toward Net Zero Emissions (NZE) by 2060. In this context,
Dalam konteks ini, roadmap pengembangan bisnis Perseroan        the Company’s business development roadmap is aligned to
disesuaikan untuk menyeimbangkan kinerja ekonomi,               balance economic, environmental, and social performance,
lingkungan, dan sosial, termasuk dalam mengantisipasi risiko    including the anticipation of Environmental, Social, and
Lingkungan, Sosial, dan Tata Kelola (LST) yang melekat pada     Governance (ESG) risks inherent in all business activities.
setiap aktivitas usaha.



             PT Keramika Indonesia Assosiasi Tbk
160          Laporan Tahunan & Laporan Keberlanjutan 2025
Page 163
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




Perseroan menunjukkan peran aktif dalam membangun                      The Company demonstrates an active role in developing a
ekosistem industri keramik yang bersih dan berkelanjutan               clean and sustainable ceramic industry ecosystem through
melalui penyediaan sarana dan prasarana operasional pabrik             the provision of environmentally friendly plant facilities
yang ramah lingkungan serta penerapan teknologi produksi               and infrastructure, as well as the implementation of clean
bersih (clean production) di seluruh pabrik KIA. Selain itu,           production technologies across all KIA plants. In addition,
upaya internal dalam menciptakan tempat kerja yang ramah               internal initiatives to establish an environmentally friendly
lingkungan (Eco-Office) terus dilakukan secara konsisten oleh          workplace (Eco-Office) are consistently carried out by all
seluruh karyawan, sehingga membentuk budaya kerja yang                 employees, fostering a workplace culture that is increasingly
semakin peduli terhadap lingkungan.                                    environmentally conscious.


Dalam implementasi keberlanjutan, Perseroan menghadapi                 In implementing sustainability practices, the Company
sejumlah tantangan utama, termasuk pembentukan tim khusus              faces several key challenges, including the establishment
ESG yang berfungsi dalam penguatan tata kelola keberlanjutan           of a dedicated ESG team responsible for strengthening
serta identifikasi risiko dan peluang terkait perubahan iklim          sustainability governance as well as identifying climate-
guna mendukung integrasi aspek LST dalam proses bisnis.                related risks and opportunities to support the integration of
                                                                       ESG aspects into business processes.


Perseroan juga menghadapi tantangan dalam penguatan                    The Company also faces challenges in strengthening the
internalisasi budaya keberlanjutan di lingkungan kerja,                internalization of sustainability culture in the workplace,
yang masih memerlukan peningkatan melalui pelatihan                    which requires further improvement through continuous
berkelanjutan, penguatan keterlibatan karyawan, serta                  training, enhanced employee engagement, and consistent
konsistensi penerapan praktik kerja ramah lingkungan di                implementation of environmentally friendly work practices
seluruh unit operasional.                                              across all operational units.


Di sisi eksternal, adaptasi terhadap regulasi baru di bidang           From external perspectives, adaptation to new environmental
lingkungan dan keberlanjutan menjadi tantangan yang                    and sustainability-related regulations remains a challenge,
menuntut penyesuaian kebijakan, prosedur, serta sistem                 requiring adjustments to policies, procedures, and management
manajemen agar selaras dengan ketentuan yang berlaku dan               systems to ensure alignment with applicable regulatory
perkembangan standar industri.                                         requirements and evolving industry standards.


Selain itu, Perseroan menghadapi tantangan dalam inovasi               Furthermore, the Company faces challenges in innovation and
dan pengembangan produk yang lebih berkelanjutan, sebagai              the development of more sustainable products, in response
respons terhadap meningkatnya tuntutan pasar terhadap                  to increasing market demand for environmentally friendly
produk ramah lingkungan serta efisiensi penggunaan sumber              products and improved resource efficiency.
daya.


Transisi energi membuka peluang bisnis yang luas, namun                The energy transition presents broad business opportunities
juga menghadirkan tantangan berupa tingginya biaya investasi           but also introduces challenges, including the high capital
untuk pengadaan mesin dan teknologi pabrik yang lebih                  investment required for advanced and environmentally
canggih dan ramah lingkungan. Secara internal, Perseroan               friendly manufacturing machinery and technologies. Internally,
juga menghadapi kebutuhan penguatan sistem manajemen                   the Company also faces the need to strengthen ESG risk
risiko LST di seluruh unit kerja, agar setiap karyawan dapat           management systems across all business units, ensuring
berperan aktif dalam pencapaian target keberlanjutan.                  that employees actively contribute to the achievement of
                                                                       sustainability targets.


Seluruh tantangan tersebut direspons melalui penyempurnaan             All these challenges are addressed through the continuous
kebijakan, prosedur, dan pedoman internal secara menyeluruh            enhancement of internal policies, procedures, and guidelines to
agar senantiasa selaras dengan regulasi terbaru dan                    ensure alignment with the latest regulations and best practices
praktik terbaik di industri keramik. Perseroan juga terus              in the ceramic industry. The Company also continues to
memberikan pelatihan keberlanjutan kepada karyawan guna                provide sustainability-related training to employees to ensure
memastikan integrasi aspek LST berjalan optimal dalam setiap           the effective integration of ESG aspects into all operational
proses operasional, serta memperkuat sistem manajemen                  processes, while strengthening the overall sustainability
keberlanjutan secara menyeluruh di seluruh lini organisasi.            management system across the organization.




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report                 161
Page 164
Kinerja Berkelanjutan
Sustainability Performance


Membangun Budaya Keberlanjutan [OJK F.1]                            Building a Culture of Sustainability [OJK F.1]

Keberlanjutan telah menjadi bagian integral dari identitas          Sustainability has been an integral part of the Company’s
Perseroan selama lebih dari tujuh dekade berkarya di industri       identity for over seven decades of operation in the national
manufaktur keramik nasional. Nilai-nilai inti Perseroan             ceramic manufacturing industry. The Company’s core values—
berupa Kepatuhan Terhadap Keadilan, Keyakinan pada Nilai            Commitment to Fairness, Belief in Individual Value, Dedication
Individu, Dedikasi pada Keunggulan, dan Kepedulian pada             to Excellence, and Concern for Social Responsibility—form
Tanggung Jawab Sosial membentuk fondasi budaya kerja                the foundation of a work culture that supports responsible and
yang mendukung praktik operasional bertanggung jawab                environmentally friendly operational practices. These values
dan ramah lingkungan. Nilai-nilai ini menjadi panduan dalam         guide every business activity, ensuring that every decision
setiap aktivitas bisnis, memastikan bahwa setiap keputusan          and action has a positive impact on the community and the
dan tindakan membawa dampak positif bagi masyarakat dan             surrounding environment.
lingkungan sekitar.


Dalam praktiknya, Perseroan mendorong setiap karyawan untuk         In practice, the Company encourages every employee to apply
menerapkan prinsip keberlanjutan dalam keseharian kerja, baik       sustainability principles in their daily work, both through
melalui proses produksi maupun interaksi dengan pemangku            production processes and interactions with stakeholders. This
kepentingan. Langkah ini diperkuat melalui program pelatihan,       initiative is reinforced through training programs, workshops,
workshop, dan seminar yang membahas isu-isu keberlanjutan           and seminars addressing sustainability issues and the
serta Tujuan Pembangunan Berkelanjutan (SDGs), sehingga             Sustainable Development Goals (SDGs), ensuring that the
seluruh tim memahami dan mampu mengintegrasikan aspek               entire team understands and is able to integrate Environmental,
Lingkungan, Sosial, dan Tata Kelola (LST) ke dalam operasional.     Social, and Governance (ESG) aspects into operations.


Transparansi menjadi prinsip penting dalam budaya                   Transparency is a key principle in the Company’s sustainability
keberlanjutan Perseroan. Laporan Keberlanjutan yang                 culture. The Sustainability Report, published openly on the
dipublikasikan secara terbuka melalui situs web perusahaan          company’s website https://kiaceramics.com/, serves as a
https://kiaceramics.com/ menjadi media komunikasi bagi              communication channel for all parties in the business chain
semua pihak dalam rantai bisnis untuk memahami dan ikut             to understand and participate in implementing sustainable
menerapkan praktik berkelanjutan sesuai nilai-nilai Perseroan.      practices in line with the Company’s values.


Untuk ke depannya, Perseroan berkomitmen untuk terus                Moving forward, the Company is committed to continuously
memperkuat dampak positif dari setiap aktivitas bisnis melalui      strengthening the positive impact of every business activity
program Tanggung Jawab Sosial dan Lingkungan (TJSL) yang            through Social and Environmental Responsibility programs
sejalan dengan SDGs. Dengan demikian, Perseroan tidak hanya         aligned with the SDGs. Thus, the Company not only strives to
berupaya membangun pertumbuhan usaha yang berkelanjutan,            build sustainable business growth but also makes tangible
tetapi juga menghadirkan kontribusi nyata bagi masyarakat           contributions to society and the environment, while fostering a
dan lingkungan, serta mendorong terciptanya industri keramik        more responsible ceramic industry in Indonesia.
yang lebih bertanggung jawab di Indonesia.


                        Kegiatan                                         Peserta                             Pelaksanaan
                        Activities                                     Participants                         Implementation

Sosialisasi keberlanjutan                                   Seluruh karyawan                     Internal
Sustainability outreach                                     All employees

Edukasi antikorupsi                                         Seluruh karyawan                     Internal
Anti-corruption education                                   All employees

Pelatihan K3/Pemadam kebakaran                              Perwakilan dari seluruh divisi       External (PT Sinergi Solusi
Occupational safety and health/fire safety training         Representatives from all divisions   Indonesia)




             PT Keramika Indonesia Assosiasi Tbk
162          Laporan Tahunan & Laporan Keberlanjutan 2025
Page 165
   Ikhtisar Kinerja | Performance Highlights       Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                     Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                             Laporan Keberlanjutan | Sustainability Report
                                                  Management Discussion and Analysis




Kinerja Ekonomi                                                           Economic Performance

Pada tahun 2025, Perseroan berhasil mempertahankan kinerja                In 2025, the Company successfully maintained robust economic
ekonomi yang tangguh meski menghadapi tantangan di pasar                  performance despite facing challenges in the building materials
bahan bangunan. Meskipun target pendapatan sebesar Rp659                  market. Although the revenue target of Rp659 billion and net
miliar dan laba bersih Rp3,3 miliar belum sepenuhnya tercapai,            profit of Rp3.3 billion were not fully achieved, the Company
Perseroan berhasil menjaga efisiensi operasional serta                    managed to maintain operational efficiency and the stability of
stabilitas portofolio produk.                                             its product portfolio.


Perseroan mempertahankan diversifikasi usaha di sektor                    The Company maintained business diversification in the
keramik, termasuk ubin lantai, ubin dinding, dan genteng                  ceramics sector, including floor tiles, wall tiles, and ceramic roof
keramik. Evaluasi berkala terhadap portofolio menunjukkan                 tiles. Periodic evaluations of the portfolio showed that KIA was
bahwa KIA mampu menyesuaikan strategi produksi                            able to adjust its production and sales strategies responsively,
dan penjualan secara responsif, sehingga tetap mampu                      thereby remaining capable of effectively navigating market
menghadapi dinamika pasar dengan efektif.                                 dynamics.


Perbandingan Target dan Realisasi [OJK F.2]                               Comparison of Targets and Actual Results [OJK F.2]

                                                        2025                                2024                                2023
      Uraian                  Satuan
    Description                Unit                         Realisasi                             Realisasi                            Realisasi
                                               Target                            Target                               Target
                                                           Realization                           Realization                          Realization

Produksi                 Juta m2
                                                   14,27            12,93                13,92             12,8             15,85              12,87
Production               Million m2

Pendapatan               Juta Rupiah
                                                659.410          611.942          594.857             591.934            583.193           562.621
Revenue                  Million Rupiah

Laba                     Juta Rupiah
                                                  3.277          (11.988)                2.082        (25.094)              1.458          (33.921)
Profit                   Million Rupiah


Rincian lengkap mengenai pencapaian target keuangan,                      Detailed information regarding financial target achievements,
realisasi kinerja ekonomi, serta analisis mendalam dapat                  economic performance realization, and in-depth analysis can
ditemukan dalam Laporan Tahunan 2025 pada bagian Analisis                 be found in the 2025 Annual Report under the Management
dan Pembahasan Manajemen. Laporan ini menjadi bagian                      Analysis and Discussion section. This report is an integral part
integral dari Laporan Keberlanjutan 2025, sehingga seluruh                of the 2025 Sustainability Report, ensuring that all information
informasi terkait kinerja ekonomi Perseroan dapat dipahami                related to the Company’s economic performance can be fully
secara menyeluruh dalam konteks keberlanjutan.                            understood within the context of sustainability.


Perseroan tidak memiliki Portofolio, atau target pembiayaan,              The Company does not have a portfolio, financing targets, or
atau investasi pada instrumen keuangan atau proyek yang                   investments in financial instruments or projects aligned with
sejalan dengan keuangan berkelanjutan. [OJK F.3]                          sustainable finance. [OJK F.3]


Rantai Pasokan                                                            Supply Chain

Dalam operasional produksi dan distribusi keramik, Perseroan              In its ceramic production and distribution operations, the
menempatkan rantai pasokan yang berkelanjutan sebagai                     Company prioritizes a sustainable supply chain as a key
elemen penting untuk menjaga kinerja ekonomi dan kualitas                 element for maintaining economic performance and product
produk. Hingga 31 Desember 2025, Perseroan menjalin kerja                 quality. As of December 31, 2025, the Company has established
sama dengan 347 pemasok yang terdiri dari 327 pemasok lokal               partnerships with 347 suppliers, comprising 327 local suppliers
dan 20 pemasok luar negeri, khususnya dalam penyediaan                    and 20 foreign suppliers, specifically for the supply of ceramic
bahan baku keramik, ubin lantai dan dinding, genteng keramik,             raw materials, floor and wall tiles, ceramic roof tiles, and other
serta bahan pendukung lainnya, dengan fokus pada kualitas,                supporting materials, with a focus on quality, reliability, and
keandalan, dan kepatuhan terhadap standar sertifikasi.                    compliance with certification standards.




                                                                                              PT Keramika Indonesia Assosiasi Tbk
                                                                                         2025 Annual Report & Sustainability Report             163
Page 166
Pemilihan dan pengelolaan pemasok dilakukan berdasarkan             The selection and management of suppliers are based on
kriteria yang terukur, mencakup harga, mutu, dan jaminan            measurable criteria, including price, quality and product
produk. Evaluasi rutin terhadap seluruh pemasok dilakukan           guarantees. Regular evaluations of all suppliers are carried
secara berkala, dan proses due diligence diterapkan untuk           out periodically, and a due diligence process is implemented
memastikan setiap mitra memenuhi standar Perseroan.                 to ensure that every partner meets the Company’s standards.
Pemasok yang tidak memenuhi kriteria akan dikeluarkan dari          Suppliers that fail to meet the criteria will be removed from
daftar mitra resmi KIA.                                             KIA’s list of official partners.


Dengan pengelolaan rantai pasokan yang selektif dan                 Through selective and sustainable supply chain management,
berkelanjutan, Perseroan mampu mempertahankan efisiensi             the Company is able to maintain operational efficiency, enhance
operasional, meningkatkan kepuasan pelanggan, dan                   customer satisfaction, and strengthen its long-term economic
memperkokoh fondasi ekonomi jangka panjang.                         foundation.


                                                  2025                           2024                            2023
              Uraian
                                         Jumlah Pemasok                  Jumlah Pemasok                 Jumlah Pemasok
            Description
                                           (satuan/unit)                   (satuan/unit)                  (satuan/unit)
                                      Number of Suppliers (units)     Number of Suppliers (units)    Number of Suppliers (units)

Jumlah Pemasok
                                                   347                            364                             378
Total Suppliers


Dukungan terhadap Tujuan Pembangunan                                Support for the Sustainable Development Goals
Berkelanjutan (TPB) Terkait Kinerja Ekonomi                         (SDGs) Related to Economic Performance

 Dukungan terhadap TPB                                                   Keterangan
    Support for SDGs                                                     Description

                            •   Menjaga kinerja ekonomi yang stabil melalui •      Maintain stable economic performance
                                efisiensi operasional dan diversifikasi produk     through       operational    efficiency     and
                                keramik (ubin lantai, ubin dinding, genteng).      diversification of ceramic products (floor tiles,
                                                                                   wall tiles, roof tiles).
                            •   Mendorong aktivitas ekonomi domestik •             Support domestic economic activity through
                                melalui keterlibatan pemasok lokal dalam           the engagement of local suppliers in the
                                rantai pasokan.                                    supply chain.


                            •   Menerapkan pengadaan selektif berbasis •           Implement selective procurement based on
                                harga, mutu, dan jaminan produk.                   price, quality, and product assurance.
                            •   Melakukan evaluasi dan due diligence •             Conduct regular supplier evaluation and
                                pemasok secara berkala untuk memastikan            due diligence to ensure compliance with
                                kepatuhan terhadap standar pengadaan yang          responsible procurement standards.
                                bertanggung jawab.

                            Menjalin kemitraan dengan pemasok lokal dan Establish partnerships with local and international
                            internasional untuk mendukung keberlanjutan suppliers to support sustainable supply chain
                            rantai pasok bahan baku dan operasional.    continuity for raw materials and operations.




            PT Keramika Indonesia Assosiasi Tbk
164         Laporan Tahunan & Laporan Keberlanjutan 2025
Page 167
    Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                   Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                           Laporan Keberlanjutan | Sustainability Report
                                                Management Discussion and Analysis




Kinerja Sosial                                                          Social Performance

Aspek Ketenagakerjaan: KIA Bagi Karyawan                                Labor Aspects: Kia for Employees

Kesempatan Bekerja, Kesetaraan Gender, dan Perlindungan                 Employment Opportunities, Gender Equality, and Protection
Hak Karyawan [OJK F.18]                                                 of Employee Rights [OJK F.18]
Perseroan berkomitmen untuk menciptakan lingkungan kerja                The Company is committed to creating a fair, inclusive, and
yang adil, inklusif, dan bebas diskriminasi sebagai fondasi             discrimination-free work environment as a key foundation of its
penting dalam pengelolaan sumber daya manusia. Setiap                   human resources management. Every employment process—
proses ketenagakerjaan—mulai dari rekrutmen, penempatan,                from recruitment, placement, competency development,
pengembangan kompetensi, hingga promosi—diterapkan                      to promotion—is implemented based on the principle of
berdasarkan prinsip kesetaraan kesempatan dan berlandaskan              equal opportunity and grounded in objective competencies
pada kompetensi serta kualifikasi objektif, tanpa membedakan            and qualifications, without distinguishing based on gender,
gender, suku, agama, ras, usia, maupun latar belakang lainnya           ethnicity, religion, race, age, or other backgrounds irrelevant to
yang tidak relevan dengan kebutuhan pekerjaan.                          job requirements.


Kebijakan Pelecehan Seksual dan/atau Non-Diskriminasi [IDX              Sexual Harassment and/or Non-Discrimination Policy [IDX
S-08]                                                                   S-08]
Dalam praktik rekrutmen dan pengelolaan karyawan, Perseroan             In its recruitment and employee management practices, the
memastikan setiap individu diperlakukan secara transparan               Company ensures that every individual is treated transparently
dan adil. Seluruh proses seleksi dilakukan berdasarkan                  and fairly. The entire selection process is conducted based on
kebutuhan organisasi serta kemampuan dan pengalaman yang                the organization’s needs as well as the candidates’ abilities and
dimiliki kandidat. Prinsip kesetaraan gender diterapkan secara          experience. The principle of gender equality is consistently
konsisten, termasuk dalam kesempatan mengikuti proses                   applied, including in opportunities to participate in the selection
seleksi, memperoleh hak dan fasilitas kerja yang setara, serta          process, receive equal employment rights and benefits, and
mengakses peluang pengembangan karier.                                  access career development opportunities.


Komitmen tersebut diperkuat melalui kebijakan anti-                     This commitment is reinforced through anti-discrimination
diskriminasi dan pencegahan pelecehan seksual yang menjadi              and sexual harassment prevention policies, which serve as
pedoman wajib bagi seluruh karyawan dan pimpinan unit kerja.            mandatory guidelines for all employees and department heads.
Perseroan menerapkan kebijakan tanpa toleransi terhadap                 The Company enforces a zero-tolerance policy toward all forms
segala bentuk pelecehan seksual, intimidasi, maupun tindakan            of sexual harassment, intimidation, or discriminatory actions
diskriminatif yang melanggar hak asasi manusia.                         that violate human rights.


Kejadian Pelanggaran Hak Asasi Manusia [IDX S-07]                       Human Rights Violations [IDX S-07]
Sepanjang tahun 2025, Perseroan tidak menerima laporan                  Throughout 2025, the Company received no reports or
atau pengaduan terkait pelanggaran hak asasi manusia di                 complaints regarding human rights violations in the workplace,
lingkungan kerja, termasuk diskriminasi, pelecehan seksual,             including discrimination, sexual harassment, or other forms
maupun bentuk pelanggaran lainnya. Tidak adanya kejadian                of violations. The absence of such incidents reflects the
tersebut mencerminkan efektivitas penerapan kebijakan                   effectiveness of the implementation of internal policies as well
internal serta komitmen Perseroan dalam menjaga lingkungan              as the Company’s commitment to maintaining a safe, inclusive,
kerja yang aman, inklusif, dan saling menghormati.                      and mutually respectful work environment.


Lingkungan Kerja yang Menjunjung Tinggi Hak Asasi Manusia               A Workplace that Upholds Human Rights [OJK F.19]
[OJK F.19]
Perseroan menegaskan komitmennya untuk menjalankan                      The Company reaffirms its commitment to conducting
praktik ketenagakerjaan yang bertanggung jawab dan beretika             responsible and ethical labor practices by upholding human
dengan menjunjung tinggi prinsip-prinsip hak asasi manusia              rights principles in all operational activities.
(HAM) dalam seluruh aktivitas operasional.


Kebijakan mengenai Hak Asasi Manusia [IDX S-09]                         Human Rights Policy [IDX S-09]
Perseroan memiliki kebijakan internal yang menegaskan                   The Company has an internal policy that affirms respect for
penghormatan terhadap HAM, yang menjadi acuan dalam                     human rights, which serves as a guideline for managing labor
pengelolaan hubungan kerja dan pengambilan keputusan                    relations and making employment decisions. This policy is in
ketenagakerjaan. Kebijakan ini selaras dengan peraturan                 line with applicable laws and regulations in Indonesia as well
perundang-undangan yang berlaku di Indonesia serta standar              as standards of responsible business ethics.
etika bisnis yang bertanggung jawab.


                                                                                            PT Keramika Indonesia Assosiasi Tbk
                                                                                       2025 Annual Report & Sustainability Report             165
Page 168
Dalam pelaksanaannya, Perseroan memastikan praktik                   In its implementation, the Company ensures that labor
ketenagakerjaan mengikuti ketentuan Undang-Undang No.                practices comply with the provisions of Law No. 6 of 2023 on
6 Tahun 2023 tentang Cipta Kerja, termasuk pengaturan jam            Job Creation, including regulations on reasonable working
kerja yang wajar, hak istirahat, serta pemberian kompensasi          hours, rest rights, and the provision of overtime compensation
lembur bagi karyawan yang bekerja melebihi jam kerja standar.        for employees working beyond standard working hours.


Kebijakan Pekerja Anak dan/atau Pekerja Paksa [IDX S-10]             Policy on Child Labor and/or Forced Labor [IDX S-10]
Perseroan secara tegas melarang penggunaan tenaga kerja              The Company strictly prohibits the use of child labor and
anak dan pekerja paksa dalam seluruh kegiatan operasional.           forced labor in all operational activities. This policy also applies
Kebijakan ini juga berlaku bagi seluruh pihak ketiga dan mitra       to all third parties and business partners collaborating with the
usaha yang bekerja sama dengan Perseroan, yang diwajibkan            Company, who are required to comply with applicable laws and
untuk mematuhi ketentuan hukum serta prinsip-prinsip HAM             human rights principles.
yang berlaku.


Sistem pengawasan internal diterapkan untuk meminimalkan             An internal monitoring system has been implemented to
risiko pelanggaran ketenagakerjaan dan memastikan                    minimize the risk of labor violations and ensure compliance
kepatuhan terhadap kebijakan tersebut. Hingga akhir tahun            with these policies. As of the end of 2025, the Company has not
2025, Perseroan tidak menerima laporan pengaduan terkait             received any reports of complaints regarding the use of child
penggunaan tenaga kerja anak, pekerja paksa, maupun                  labor, forced labor, or other labor violations.
pelanggaran ketentuan ketenagakerjaan lainnya.


Sistem Penilaian Kinerja dan Pengembangan Karier                     Performance Evaluation and Career Development
                                                                     System

Untuk menjamin pengelolaan karier yang adil dan berbasis             To ensure fair and performance-based career management,
prestasi, Perseroan menerapkan sistem Key Performance                the Company implements a Key Performance Indicator
Indicator (KPI) yang dievaluasi setiap tahun. Melalui KPI, kinerja   (KPI) system evaluated annually. Through KPIs, employee
dan perilaku kerja karyawan diukur secara transparan sesuai          performance and work behavior are measured transparently
indikator yang telah ditetapkan. Hasil penilaian dijadikan           according to established indicators. Evaluation results serve as
dasar dalam menetapkan promosi jabatan, peningkatan                  the basis for determining promotions, welfare improvements,
kesejahteraan, serta arah pengembangan karier.                       and career development directions.


Setiap karyawan memperoleh kesempatan mengikuti program              Every employee has the opportunity to participate in relevant
pelatihan yang relevan guna mempercepat adaptasi terhadap            training programs to accelerate adaptation to new roles and
peran baru serta mendukung pengembangan kompetensi                   support long-term competency development. Through this
jangka panjang. Dengan sistem ini, Perseroan mendorong               system, the Company fosters a competitive, healthy, and
terbentuknya iklim kerja yang kompetitif, sehat, dan                 innovation-driven work environment.
mendorong inovasi.


Keberagaman        dan     Representasi       Gender      dalam      Diversity and         Gender       Representation         in   the
Organisasi                                                           Organization

Sebagai bentuk transparansi dan evaluasi berkelanjutan atas          As a form of transparency and continuous evaluation of the
implementasi prinsip keberagaman, Perseroan menyajikan               implementation of diversity principles, the Company presents
distribusi karyawan laki-laki dan perempuan berdasarkan              the distribution of male and female employees by job level. This
tingkat jabatan. Data ini memberikan gambaran objektif               data provides an objective picture of gender representation
mengenai representasi gender serta efektivitas penerapan             and the effectiveness of equal opportunity policies across all
kebijakan kesempatan setara di seluruh jenjang organisasi.           levels of the organization.




              PT Keramika Indonesia Assosiasi Tbk
166           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 169
   Ikhtisar Kinerja | Performance Highlights            Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                          Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                                  Laporan Keberlanjutan | Sustainability Report
                                                       Management Discussion and Analysis




Kesetaraan Gender [IDX S-01]                                                     Gender Equality [IDX S-01]
                                        2025                                         2024                                           2023

                        Laki-laki              Perempuan             Laki-laki              Perempuan               Laki-laki              Perempuan
                          Male                   Female                Male                   Female                  Male                   Female
 Level Jabatan
   Job Level
                   Jumlah                   Jumlah               Jumlah                   Jumlah                Jumlah                   Jumlah
                   Pegawai                  Pegawai              Pegawai                  Pegawai               Pegawai                  Pegawai
                                    %                    %                       %                     %                        %                    %
                  Number of                Number of            Number of                Number of             Number of                Number of
                  Employees                Employees            Employees                Employees             Employees                Employees

Entry-level            614        83,5%        36      4,9%        652           84,1%        42       5,4%       675           83,1%       43           5,3%

Mid-level               57          7,8%         1      0,1%         51          6,6%          1        0,1%       55           6,8%         1           0,1%

Senior-level            16          2,2%        2      0,3%          17           2,2%         1        0,1%        21          2,6%         1           0,1%

Executive-               7          0,9%        2      0,3%           9           1,2%         2       0,3%         14           1,7%        2           0,3%
level

Total                 694        94,4%          41     5,6%        729           94,1%        46       5,9%       765        94,2%          47       5,8%



Komposisi Tenaga Kerja Berdasarkan Kelompok Usia                                 Workforce Composition by Age Group

Selain aspek kesetaraan gender, Perseroan juga memastikan                        In addition to gender equality, the Company also ensures
keberagaman tenaga kerja dari sisi usia sebagai bagian penting                   workforce diversity in terms of age as a key component
dalam menjaga keberlanjutan SDM. Representasi kelompok                           of maintaining human resource sustainability. A balanced
usia yang seimbang memungkinkan perusahaan memiliki                              representation of age groups enables the company to have
kombinasi tenaga kerja yang adaptif, berpengalaman, dan siap                     a workforce that is adaptable, experienced, and ready to
menghadapi tantangan jangka panjang. Data dalam tiga tahun                       face long-term challenges. Data from the past three years
terakhir menunjukkan dinamika regenerasi tenaga kerja yang                       shows a healthy workforce renewal dynamic that aligns with
sehat dan konsisten dengan kebutuhan operasional.                                operational needs.

Jumlah Level Pegawai yang Dimiliki oleh Laki-Laki dan                            Number of male and female employees by age group [IDX S-02]
Perempuan Berdasarkan Kelompok Usia [IDX S-02]

                                        2025                                         2024                                           2023

                        Laki-laki              Perempuan             Laki-laki              Perempuan               Laki-laki              Perempuan
Rentang Usia              Male                   Female                Male                   Female                  Male                   Female
 Age Range
                   Jumlah                   Jumlah               Jumlah                   Jumlah                Jumlah                   Jumlah
                   Pegawai                  Pegawai              Pegawai                  Pegawai               Pegawai                  Pegawai
                                    %                    %                       %                     %                        %                    %
                  Number of                Number of            Number of                Number of             Number of                Number of
                  Employees                Employees            Employees                Employees             Employees                Employees

18-25                 324        44,1%         35       4,8%        85            11%         28       3,6%        97            12%       39        4,8%

25-35                 135        18,4%          3       0,4%       181       23,4%            12       1,5%       168       20,7%            2       0,2%

35-45                 214        29,1%          3       0,4%       219       28,3%             5       0,6%      265        32,6%            4       0,5%

45-55                   18          2,4%        0          0%     239        30,8%             1       0,1%       231       28,5%            2       0,2%

>55                      3          0,4%        0          0%         5          0,7%          0         0%         4           0,5%         0            0%

Total                694        94,4%          41       5,6%      729        94,2%            46      5,8%       765        94,3%          47        5,7%

Perekrutan Karyawan Baru dan Pergantian Karyawan                                 New Hires and Employee Turnover

Hingga 31 Desember 2025, Perseroan memiliki total 735                            As of December 31, 2025, the Company had a total of 735
karyawan, menurun sebesar 5,16% dibandingkan tahun                               employees, a decrease of 5.16% compared to the previous year’s
sebelumnya yang tercatat 775 karyawan. Sepanjang tahun                           figure of 775 employees. Throughout 2025, 14 employees left
2025, sebanyak 14 karyawan mengakhiri hubungan kerja,                            the Company, resulting in a turnover rate of 1.9%.
sehingga tingkat turnover Perseroan tercatat sebesar 1,9%.




                                                                                                   PT Keramika Indonesia Assosiasi Tbk
                                                                                              2025 Annual Report & Sustainability Report             167
Page 170
Untuk memberikan gambaran yang lebih menyeluruh mengenai             To provide a more comprehensive overview of workforce
dinamika ketenagakerjaan, Perseroan juga memantau secara             dynamics, the Company also routinely monitors the number
rutin jumlah karyawan baru, karyawan yang keluar, serta              of new hires, departing employees, and the employee turnover
tingkat perputaran tenaga kerja selama tiga tahun terakhir.          rate over the past three years. The details of this data are
Rincian data tersebut disajikan dalam tabel berikut:                 presented in the following table:


Tingkat Pergantian Pegawai [IDX S-03]                                Employee Turnover Rate [IDX S-03]

                                                              2025                        2024                        2023

                   Keterangan                        Jumlah                      Jumlah                      Jumlah
                   Description                       Pegawai                     Pegawai                     Pegawai
                                                                       %                           %                          %
                                                    Number of                   Number of                   Number of
                                                    Employees                   Employees                   Employees

Jumlah Pegawai resign/Pemutusan Hubungan                14           1,9%           13           1,6%           49            6%
Kerja
Number of Employees Who Resigned/Were
Terminated

Jumlah Pegawai Baru/Pengganti                           15            2%             11          1,4%           88           10,9%
Number of New/Replacement Employees


Tenaga Kerja Non-Organik (Kontraktor/Konsultan)                      Non-Permanent Workforce (Contractors/Consultants)

Selain mempekerjakan karyawan tetap, Perseroan juga                  In addition to employing permanent staff, the Company also
melibatkan tenaga kerja non-organik melalui perusahaan               engages non-permanent workers through contracting firms
kontraktor atau konsultan untuk mendukung kebutuhan                  or consultants to support specific operational needs. This
operasional tertentu. Keterlibatan tenaga kerja eksternal ini        engagement of external personnel is flexible and tailored
bersifat fleksibel dan disesuaikan dengan tuntutan bisnis,           to business requirements, while maintaining the Company’s
sambil tetap menjaga komitmen Perseroan terhadap standar             commitment to applicable safety standards, work ethics, and
keselamatan, etika kerja, dan kepatuhan yang berlaku.                compliance.


Jumlah Pegawai Sementara [IDX S-04]                                  Number of Temporary Employees [IDX S-04]

                                                              2025                        2024                        2023

                   Keterangan                        Jumlah                      Jumlah                      Jumlah
                   Description                       Pegawai                     Pegawai                     Pegawai
                                                                       %                           %                          %
                                                    Number of                   Number of                   Number of
                                                    Employees                   Employees                   Employees

Jumlah Pegawai perusahaan yang dipegang
oleh kontraktor dan/atau konsultan
                                                        481          65%            495           64            N/A          N/A
Number of company employees employed by
contractors and/or consultants



Remunerasi yang Adil dan Kompetitif Bagi                             Fair and Competitive                 Compensation             for
Karyawan [F.20]                                                      Employees [F.20]

Perseroan     menghargai       kontribusi  karyawan    dengan        The Company values employees’ contributions by providing fair
memberikan remunerasi yang adil dan layak, sekaligus                 and appropriate compensation, while supporting the fulfillment
mendukung pemenuhan kebutuhan dasar sehari-hari mereka.              of their basic daily needs. The compensation policy is based
Kebijakan remunerasi didasarkan pada prinsip objektif,               on objective principles, including job level, performance
termasuk tingkat jabatan, hasil evaluasi kinerja atau prestasi       evaluation results or individual achievements, length of service,
individu, masa kerja, serta kondisi keuangan perusahaan. Faktor      and the Company’s financial condition. External factors such
eksternal seperti inflasi, Upah Minimum Regional (UMR), dan          as inflation, the Regional Minimum Wage, and labor market
variabel pasar tenaga kerja juga menjadi pertimbangan dalam          variables are also taken into consideration in determining
penentuan remunerasi.                                                compensation.




             PT Keramika Indonesia Assosiasi Tbk
168          Laporan Tahunan & Laporan Keberlanjutan 2025
Page 171
   Ikhtisar Kinerja | Performance Highlights         Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                       Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                               Laporan Keberlanjutan | Sustainability Report
                                                    Management Discussion and Analysis




Seluruh karyawan, baik yang bekerja di kantor pusat maupun                  All employees, both at head office and operational sites, are
area operasional, mendapatkan hak yang sama tanpa                           entitled to equal treatment without discrimination based
diskriminasi berdasarkan gender, ras, agama, suku, atau                     on gender, race, religion, ethnicity, or physical condition.
kondisi fisik. Remunerasi mencakup gaji pokok, tunjangan                    Remuneration includes basic salary, fixed and variable
tetap dan tidak tetap, tunjangan hari raya, serta tunjangan                 allowances, religious holiday allowance, as well as other
lain yang bertujuan meningkatkan kesejahteraan karyawan                     benefits aimed at improving the welfare of employees and their
beserta keluarga.                                                           families.


Perseroan juga menerapkan penghargaan berbasis prestasi                     The Company also implements performance- and integrity-
dan integritas, dengan sistem yang transparan dan adil.                     based rewards through a transparent and fair system.
Karyawan berprestasi memiliki peluang lebih besar untuk                     High-performing employees have greater opportunities for
promosi jabatan, peningkatan gaji, dan pengembangan diri.                   promotion, salary increases, and professional development.
Dengan demikian, Perseroan memastikan remunerasi tidak                      Thus, the Company ensures that compensation is not only
hanya kompetitif tetapi juga mendorong motivasi, partisipasi                competitive but also fosters motivation, active participation,
aktif, dan peluang pengembangan yang setara bagi seluruh                    and equal development opportunities for all employees,
karyawan, baik tetap maupun kontrak.                                        whether permanent or contract-based.


Rasio Gaji Karyawan Golongan Terendah dengan                                Ratio of Lowest Employee Salary to Regional
UMR                                                                         Minimum Wage

                                                                                Gaji Karyawan Golongan Terendah
       Wilayah                   UMR Tahun 2025                                       Lowest Employee Salary
      Operasional                 2025 Minimum
    Operational Area                  Wage                  Tetap                   Rasio %                  Kontrak                   Rasio %
                                                          Permanent                 Ratio %                  Contract                  Ratio %

Pabrik Karawang                      Rp5.599.593         Rp5.599.593                  100%                 Rp5.599.593                  100%
Karawang Factory

Pabrik Cileungsi                      Rp4.877.211         Rp5.629.941                 115%                   Rp4.877.211                100%
Cileungsi Factory

Pabrik Gresik                        Rp4.874.133          Rp7.240.000                 149%                  Rp4.943.763                  101%
Gresik Factory



Pemenuhan Hak-Hak Karyawan Termasuk Karyawan                                Fulfillment of Employee Rights, Including Female
Perempuan                                                                   Employees

Perseroan menerapkan prinsip kesetaraan dengan memberikan                   The Company upholds the principle of equality by providing
perlakuan yang sama kepada seluruh karyawan tanpa                           equal treatment to all employees regardless of gender.
membedakan jenis kelamin. Sistem remunerasi Perseroan                       The Company’s remuneration system is based on job level,
didasarkan pada jenjang jabatan, kompetensi, dan hasil                      competencies, and performance appraisal results; therefore,
penilaian kinerja; sehingga tidak ada perbedaan gaji antara                 there is no gender-based pay gap across all positions.
pria dan wanita di seluruh jabatan.


Selain remunerasi, Perseroan memberikan berbagai manfaat                    In addition to remuneration, the Company provides various
tambahan untuk mendukung kesejahteraan karyawan,                            additional benefits to support employee welfare, including
antara lain tunjangan cuti tahunan, bus jemputan, asuransi                  annual leave allowance, transportation shuttle services, health
kesehatan, Tunjangan Hari Raya (THR), dan program pensiun.                  insurance, religious holiday allowance, and pension programs.
Seluruh karyawan juga diikutsertakan dalam program BPJS                     All employees are also enrolled in the Social Security
Ketenagakerjaan, yang mencakup asuransi kecelakaan kerja,                   Administering Body (BPJS) Employment program, which covers
jaminan hari tua, dan jaminan kematian. Pada tahun 2025,                    work accident insurance, old-age benefits, and death benefits.
Perseroan berkontribusi sebesar 4,89% untuk iuran BPJS                      In 2025, the Company contributed 4.89% to BPJS Employment
Ketenagakerjaan, sementara karyawan membayar 2%.                            premiums, while employees contributed 2%.




                                                                                                PT Keramika Indonesia Assosiasi Tbk
                                                                                           2025 Annual Report & Sustainability Report             169
Page 172
Daftar manfaat yang diberikan Perseroan ini dirancang untuk      The benefit package provided by the Company is designed to
mendukung peningkatan kesejahteraan serta kualitas hidup         enhance employee welfare and quality of life, as well as that
karyawan beserta keluarga mereka, khususnya bagi karyawan        of their families, particularly for married employees, including:
yang telah menikah, antara lain:

Tunjangan yang Diberikan bagi Karyawan Tetap dan Tidak           Benefits Provided      to   Permanent    and    Non-Permanent
Tetap                                                            Employees
                           Komponen                                      Karyawan Tetap                  Karyawan Kontrak
                           Component                                   Permanent Employee                Contract Employee

                                                                 Upah Pokok + Tunjangan Tetap        Upah Pokok
Upah
                                                                 Basic Salary + Fix Allowance        Basic Salary
Wages
                                                                 1.596.785.033                       521.675.249

Tunjangan Tidak Tetap (Insentif Bulanan):
Non-fixed Allowances (Monthly Incentive):

Tunjangan Transport                                              24.250.000                          0
Transport Allowances

Lembur                                                           56.242.262                          54.428.176
Overtime

Insentif untuk Kerja Pegawai                                     6.045.000                           1.243.375
Work Incentive

Tunjangan Khusus                                                 -                                   -
Special Allowance

Insentif Tahunan:
Yearly Incentive:

Insentif Kerja Tahunan (IKT)                                     -                                   -
Yearly Work Incentive

Uang Cuti                                                        -                                   -
Leave Pay

THR                                                              1.326.364.765                       33.002.627
Festival Allowance


Perseroan memastikan pemenuhan hak dasar seluruh                 The Company ensures that the basic rights of all employees,
karyawan, termasuk karyawan perempuan, melalui kebijakan         including female employees, are upheld through its menstrual
cuti haid dan cuti melahirkan. Perseroan memberikan cuti         leave and maternity leave policies. The Company provides 3
melahirkan selama 3 (tiga) bulan dengan tetap membayar gaji      (three) months of maternity leave with full pay and benefits,
dan tunjangan penuh, serta menjamin karyawan dapat kembali       and guarantees that employees may return to their positions
ke posisinya setelah cuti berakhir. Selain itu, Perseroan        upon the leave’s conclusion. Additionally, the Company grants
memberikan cuti selama 2 (dua) hari bagi karyawan pria apabila   2 (two) days of leave to male employees if their lawful spouse
istri sahnya melahirkan atau mengalami keguguran. Untuk cuti     gives birth or experiences a miscarriage. For menstrual leave,
haid, Perseroan menyediakan 8 (delapan) hari per tahun bagi      the Company provides 8 (eight) days per year for female
karyawan perempuan.                                              employees.


Kebijakan ini mencerminkan komitmen Perseroan dalam              This policy reflects the Company’s commitment to fostering a
menciptakan lingkungan kerja yang adil dan inklusif, sehingga    fair and inclusive work environment, enabling every employee
setiap karyawan dapat berkontribusi secara optimal sambil        to contribute optimally while maintaining a healthy work-life
menjaga keseimbangan antara kehidupan pribadi dan                balance.
pekerjaan.




             PT Keramika Indonesia Assosiasi Tbk
170          Laporan Tahunan & Laporan Keberlanjutan 2025
Page 173
   Ikhtisar Kinerja | Performance Highlights            Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                          Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                                  Laporan Keberlanjutan | Sustainability Report
                                                       Management Discussion and Analysis




Tabel Penggunaan Hak Cuti Melahirkan oleh Karyawan Perempuan dan Penggunaan Hak Cuti bagi Karyawan Laki-Laki di Tahun
2025

Table on the Utilization of Maternity Leave by Female Employees and Paternity Leave by Male Employees in 2025

                                                                                                                                2025
                                               Cuti Melahirkan
                                               Maternity Leave                                                     Laki-Laki            Perempuan
                                                                                                                     Male                 Female

Karyawan yang berhak mendapatkan cuti melahirkan                                                                        1                      -
Employees eligible for maternity/paternity leave

Karyawan yang mengambil cuti melahirkan                                                                                 1                      -
Employees taking maternity/paternity leave

Karyawan yang kembali bekerja setelah cuti melahirkan                                                                   1                      -
Employees returning to work after maternity/paternity leave


Menciptakan Lingkungan Kerja yang Aman dan                                     Creating a Safe and Comfortable                                     Work
Nyaman [OJK F.21] [IDX S-11]                                                   Environment [OJK F.21] [IDX S-11]

Menjamin Keselamatan Kerja Karyawan                                            Ensuring Employee Safety in the Workplace
Perseroan menempatkan Keselamatan dan Kesehatan Kerja                          The Company places Occupational Health and Safety (OHS)
(K3) sebagai prioritas utama dalam operasional kantor pusat                    as a top priority in its head office and operational facilities.
maupun pabrik. Upaya ini diwujudkan melalui penerapan                          This commitment is implemented through the application of
Sistem Manajemen K3 (SMK3) berstandar internasional, yang                      an internationally standardized OHS Management System
dibuktikan dengan sertifikasi OHSMS ISO 45001:2018 untuk                       (OHSMS), as evidenced by ISO 45001:2018 certification across
seluruh fasilitas Perseroan.                                                   all Company facilities.


Untuk     memastikan      seluruh    karyawan     memahami                     To ensure that all employees understand and implement OHS
dan menerapkan prinsip K3, Perseroan secara rutin                              principles, the Company regularly conducts OHS-related
menyelenggarakan sosialisasi, pelatihan, dan workshop                          socialization, training, and workshops. This approach is also
terkait K3. Pendekatan ini juga diperluas kepada pemangku                      extended to external stakeholders, such as business partners
kepentingan eksternal, seperti mitra kerja dan pihak ketiga,                   and third parties involved in the Company’s operations,
yang terlibat dalam kegiatan operasional Perseroan, termasuk                   including through due diligence mechanisms to ensure that
melalui mekanisme due diligence guna memastikan penerapan                      Occupational Health, Safety, and Environmental (OHS&E)
aspek K3 dan lingkungan (K3L) berjalan sesuai standar.                         standards are properly implemented in accordance with
                                                                               applicable requirements.


Perseroan menyediakan fasilitas kerja yang aman dan nyaman                     The Company provides safe and comfortable working facilities
serta senantiasa berupaya menekan risiko kecelakaan melalui                    and continuously strives to minimize the risk of accidents
kepatuhan terhadap regulasi, antara lain:                                      through compliance with regulations, including:
1. UU No. 1 Tahun 1970 tentang Keselamatan Kerja;                              1. Law No. 1 of 1970 on Occupational Safety;
2. UU No. 23 Tahun 1992 tentang Kesehatan;                                     2. Law No. 23 of 1992 on Health;
3. UU No. 13 Tahun 2003 tentang Ketenagakerjaan;                               3. Law No. 13 of 2003 on Labor;
4. Peraturan Pemerintah (PP) No. 50 Tahun 2012 tentang                         4. Government Regulation (GR) No. 50 of 2012 on the
    Penerapan Sistem Manajemen Keselamatan dan Kesehatan                           Implementation of the Occupational Health and Safety
    Kerja, serta peraturan-peraturan pelaksanaannya; dan                           Management System, as well as its implementing
                                                                                   regulations; and
5. Pedoman Peraturan Keselamatan Utama (Life Saving                            5. The Life Saving Rules (LSR) issued by SCG.
   Rules/“LSR”) yang dikeluarkan oleh SCG.


Implementasi prinsip K3 meliputi perlindungan bagi karyawan,                   The implementation of Occupational Health and Safety
mitra kerja, dan konsumen dari risiko kecelakaan, kebakaran,                   (OHS) principles includes the protection of employees,
penyakit akibat kerja, pencemaran lingkungan, dan gangguan                     business partners, and customers from risks of accidents, fire,
keamanan yang dapat menghambat operasional. Penerapan                          occupational diseases, environmental pollution, and security
prinsip ini bersifat timbal balik, di mana karyawan juga                       disturbances that may disrupt operations. The application of
diharapkan aktif menjalankan budaya kerja berbasis K3 agar                     these principles is reciprocal, whereby employees are also
tercipta lingkungan kerja yang sehat, aman, dan kondusif.                      expected to actively uphold an OHS-based work culture to
                                                                               foster a safe, healthy, and conducive working environment.


                                                                                                   PT Keramika Indonesia Assosiasi Tbk
                                                                                              2025 Annual Report & Sustainability Report             171
Page 174
                                                                      Target angka kecelakaan kerja:
                                                                     Target number of work accidents:




                                                                     ZERO
                                                                   ACCIDENTS
                                                                    Pencapaian angka kecelakaan kerja
                                                                              tahun 2025:
                                                                    Achievement of work accident rate
                                                                                in 2025:


                                                                             NIHIL/NIL


Sepanjang tahun 2025, Perseroan berhasil menjalankan program     Throughout 2025, the Company successfully implemented
Keselamatan dan Kesehatan Kerja (K3) secara konsisten.           its Occupational Health and Safety (OHS) programs on a
Laporan insiden menunjukkan tidak adanya kecelakaan fatal        consistent basis. Incident reports indicate that there were
yang menimbulkan kehilangan nyawa, mencerminkan efektivitas      no fatal accidents resulting in loss of life, reflecting the
kebijakan K3 dan tingginya kesadaran seluruh karyawan untuk      effectiveness of OHS policies and the strong safety awareness
menjaga keselamatan bersama.                                     of all employees in maintaining collective safety.

KPI Keselamatan Reaktif
Reactive Safety KPI [IDX S-06]
                                                                          Pengukuran
                                  KPI                                                          2025        2024      2023
                                                                          Measurement

Kasus kecelakaan fatal: Karyawan, Kontraktor, dan Pihak Ketiga                Kasus              0          0          0
Fatality case: Employee, Contractor, and Third Party                          Case

Kasus Waktu Kerja yang Hilang: Karyawan                                       Kasus              0          0          0
Lost Time case: Employee                                                      Case

Kasus Waktu Kerja yang Hilang: Kontraktor                                     Kasus              0          0          0
Lost Time case: Contractor                                                    Case

Pelanggaran Aturan Keselamatan Kerja (LCR)                                    Kasus              0          0          0
Life Saving Rules (LCR)’s Violation                                           Case



KPI Keselamatan Proaktif
Proactive Safety KPI
                                                                          Pengukuran
                                  KPI                                                          2025        2024      2023
                                                                          Measurement

Penilaian & Pengendalian Risiko
Risk Assessment & Control

a. Identifikasi & Penilaian Risiko                                        No. Pekerjaan              240        93         61
   Risk Identification & Asssesment                                          No. Job

b. Peningkatan Mesin demi Keselamatan                                      No. Barang                176        75         64
   Machine Improvement for Safety                                           No. Item

c. Pedoman Keselamatan Kerja                                              No. Pekerjaan               51        59         39
   Safety WI                                                                 No. Job




             PT Keramika Indonesia Assosiasi Tbk
172          Laporan Tahunan & Laporan Keberlanjutan 2025
Page 175
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




                                                                                  Pengukuran
                                         KPI                                                                 2025          2024          2023
                                                                                  Measurement

Perilaku Keselamatan untuk Keterlibatan Pengawas & Manajer
Safety Behaviour for Supervisor & Manager Involvement

a. Pengamatan bagi Pimpinan Tingkat Atas                                                Waktu                      38            25               15
   Observation for Top Management                                                       Time

b. Pengamatan bagi Manajer                                                              Waktu                     276            74               91
   Observation for Manager                                                              Time

c. Pengamatan bagi Pengawas                                                             Waktu                   1.096           180              163
   Observation for Supervisor                                                           Time

Keterlibatan Karyawan
Employee Involvement

a. Laporan Insiden Berbahaya                                                            Waktu                    248            113              83
   Unsafe Killer Report                                                                 Time

Fasilitas dan Layanan Kesehatan bagi Karyawan                          Health Facilities and Services for Employees
Bagi Perseroan, kesehatan fisik dan mental karyawan berperan           For the Company, employees’ physical and mental health plays
penting terhadap kinerja dan kemajuan perusahaan. Untuk itu,           an important role in supporting organizational performance
Perseroan berkomitmen menciptakan lingkungan kerja yang                and development. Accordingly, the Company is committed to
sehat dan aman dari risiko Penyakit Akibat Kerja (PAK) maupun          creating a healthy and safe working environment free from the
penyakit endemik, termasuk COVID-19.                                   risks of occupational diseases as well as endemic illnesses,
                                                                       including COVID-19.


Upaya ini dilakukan melalui identifikasi dan analisis risiko           This commitment is implemented through the identification
kesehatan terkait aktivitas operasional, dengan tujuan                 and analysis of health risks related to operational activities,
mencegah dan mengurangi potensi gangguan kesehatan                     with the aim of preventing and minimizing potential health
bagi karyawan. Perseroan menyediakan berbagai layanan dan              issues among employees. The Company provides various
fasilitas kesehatan, antara lain:                                      health services and facilities, including:
1. Pemeriksaan kesehatan awal dan berkala, termasuk                    1. Pre-employment and periodic medical examinations,
    General Check Up (GCU) serta pemeriksaan narkoba                       including General Check-Up (GCU) and drug screening
    dengan enam parameter (Amphetamin, Opiat, Cannabis,                    with six parameters (Amphetamine, Opiate, Cannabis,
    Methamphetamine, Morphine, dan Benzodiazepine);                        Methamphetamine, Morphine, and Benzodiazepine);
2. Pemeriksaan kesehatan wajib bagi seluruh karyawan;                  2. Mandatory health examinations for all employees;
3. Layanan poliklinik dan dokter perusahaan di tempat kerja;           3. On-site clinic services and company doctors at workplaces;
4. Layanan kesehatan bekerja sama dengan rumah sakit                   4. Healthcare services in cooperation with referral hospitals;
    rujukan; dan                                                           and
5. Asuransi kesehatan dan perlindungan kecelakaan kerja                5. Health insurance and additional occupational accident
    tambahan melalui Allianz, serta keikutsertaan seluruh                  coverage through Allianz, as well as full employee
    karyawan dalam program BPJS Kesehatan sesuai ketentuan                 participation in the National Health Insurance Program
    pemerintah.                                                            (BPJS Kesehatan) in accordance with government
                                                                           regulations.


Sepanjang tahun 2025, tidak terdapat laporan karyawan                  Throughout 2025, there were no reported cases of occupational
yang terkena penyakit akibat kerja, mencerminkan efektivitas           diseases among employees, reflecting the effectiveness
penerapan program kesehatan dan komitmen Perseroan dalam               of the Company’s health programs and its commitment to
menjaga kesejahteraan karyawan.                                        safeguarding employee welfare.


Pengembangan Kompetensi bagi Karyawan [OJK F.22]                       Employee Competency Development [OJK F.22] [IDX S-05]
[IDX S-05]
Perseroan menempatkan pengembangan kompetensi sebagai                  The Company prioritizes competency development as part of its
salah satu prioritas dalam pengelolaan sumber daya manusia             human resource management strategy to create a comfortable,
untuk menciptakan lingkungan kerja yang nyaman, produktif,             productive, and innovation-driven work environment. Training
dan mendorong inovasi. Program pelatihan dan pendidikan                and education programs are conducted on an ongoing basis,
dilaksanakan secara berkelanjutan, baik melalui kegiatan               both through internal and external activities, in various formats




                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report             173
Page 176
internal maupun eksternal, dengan berbagai format seperti        such as public courses, in-class learning, seminars/webinars,
public course, in-class learning, seminar/webinar, maupun        and e-learning. All training costs are covered by the Company.
e-learning. Seluruh biaya pelatihan ditanggung oleh Perseroan.


Program ini dirancang untuk meningkatkan kemampuan               This program is designed to enhance employees’ ability
karyawan dalam melaksanakan pekerjaan secara lebih efektif,      to perform their duties more effectively, while supporting
sekaligus mendukung pencapaian kinerja perusahaan saat           the company’s current and future performance goals. All
ini maupun di masa depan. Semua karyawan, baik laki-laki         employees, both men and women, have equal opportunities to
maupun perempuan, memiliki kesempatan yang setara untuk          participate in training programs.
mengikuti program pelatihan.


Sepanjang tahun 2025, Perseroan menyelenggarakan                 Throughout 2025, the Company organized various competency
berbagai kegiatan pengembangan kompetensi bagi karyawan          development activities for employees, totaling 440 training
dengan total 440 jam pelatihan. Total peserta dan rata-rata      hours. The total number of participants and the average
jam pelatihan karyawan dapat dilihat pada tabel berikut, yang    training hours per employee are shown in the following
juga menampilkan tren partisipasi dan jam pelatihan selama       table, which also displays participation trends and training
tiga tahun terakhir. Penyajian data ini menunjukkan komitmen     hours over the past three years. This data demonstrates the
Perseroan dalam memastikan seluruh karyawan memiliki             Company’s commitment to ensuring all employees have equal
kesempatan yang setara untuk mengembangkan kemampuan             opportunities to develop their professional capabilities and
profesional dan kontribusi terhadap keberhasilan organisasi:     contribute to the organization’s success:


Keterangan
                                                                            2025                2024               2023
Description

Rata-rata jam pelatihan                                                       40                 88                 23
Average training hours

Jumlah pegawai yang ikut serta dalam program pelatihan                        32                  6                  10
Number of employees participating in training programs

Persentase jumlah pegawai yang ikut serta dalam pelatihan (%)                 4,3               1,68                1,2
Percentage of employees participating in training (%)


Mekanisme Pengaduan Masalah Ketenagakerjaan                      Labor Dispute Resolution Mechanism

Perseroan menyediakan saluran yang jelas dan efektif             The Company provides clear and effective channels for all
bagi seluruh karyawan untuk menyampaikan pengaduan               employees to submit complaints regarding labor matters or the
terkait ketenagakerjaan maupun hubungan antara karyawan          relationship between employees and the company. Complaints
dan perusahaan. Pengaduan dapat disampaikan melalui              may be submitted through the Whistleblowing System (WBS)
Whistleblowing System (WBS) atau secara berjenjang dengan        or through the chain of command by first reporting them to the
melaporkannya terlebih dahulu kepada atasan langsung. Setiap     immediate supervisor. Every complaint will be addressed fairly
pengaduan akan ditindaklanjuti secara adil dan transparan,       and transparently, in accordance with applicable laws and
dengan mempertimbangkan peraturan perundang-undangan             regulations and principles of justice.
dan prinsip keadilan yang berlaku.


Sepanjang tahun 2025, tidak terdapat pengaduan dari              Throughout 2025, there were no complaints from employees
karyawan terkait isu ketenagakerjaan, mencerminkan               regarding labor issues, reflecting the effective implementation
penerapan mekanisme pengaduan yang efektif serta                 of the complaint mechanism as well as high employee
tingginya kepatuhan dan kepuasan karyawan terhadap praktik       compliance and satisfaction with the Company’s HR
manajemen SDM Perseroan.                                         management practices.




              PT Keramika Indonesia Assosiasi Tbk
174           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 177
   Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                  Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                               Management Discussion and Analysis




KIA bagi Masyarakat                                                    KIA for the Community

Dampak Operasi yang Berkelanjutan bagi Masyarakat                      The Impact of Sustainable Operations on the Local
Sekitar [OJK F.23]                                                     Community [OJK F.23]
Kegiatan usaha Perseroan tidak hanya difokuskan pada                   The Company’s business activities are not only focused on
pencapaian target bisnis, tetapi juga dirancang untuk                  achieving business targets but are also designed to provide
memberikan manfaat nyata bagi masyarakat sekitar. Kehadiran            tangible benefits to the local community. The presence of
pabrik KIA menciptakan peluang kerja bagi penduduk lokal,              the KIA plant creates job opportunities for local residents,
sekaligus membantu meningkatkan pendapatan dan kualitas                while also helping to increase the income and quality of life of
hidup komunitas di wilayah operasional. Selain itu, Perseroan          communities in the operational area. Additionally, the Company
mendorong sinergi dengan masyarakat melalui berbagai                   fosters collaboration with the community through various
program yang mendukung pengembangan kapasitas SDM,                     programs that support Human Resource Development, health,
kesehatan, pendidikan, dan ekonomi lokal.                              education, and the local economy.


Di sisi lain, Perseroan memahami bahwa aktivitas produksi              On the other hand, the Company recognizes that ceramic
keramik berpotensi menimbulkan dampak lingkungan, seperti              production activities have the potential to cause environmental
limbah bahan berbahaya dan gas buangan (CO, SO2, Nox) dari             impacts, such as hazardous waste and emissions (CO, SO2,
proses pembakaran serta slip sisa pengglasiran yang dapat              Nox) from the combustion process, as well as glaze slurry
mencemari air jika tidak dikelola dengan baik. Untuk itu,              residues that can contaminate water if not properly managed.
Perseroan menerapkan berbagai langkah mitigasi, termasuk               To this end, the Company implements various mitigation
konsep 3R (Reduce, Reuse, Recycle) untuk pemanfaatan sumber            measures, including the 3R concept (Reduce, Reuse, Recycle)
daya, pemantauan lingkungan secara rutin, serta penggunaan             for resource utilization, routine environmental monitoring, and
teknologi dust collector dan cyclone untuk mengendalikan               the use of dust collector and cyclone technologies to control
kualitas gas buang. Instalasi Pengolahan Air Limbah (IPAL)             exhaust gas quality. Wastewater Treatment Plants (WWTPs)
dipasang di seluruh area pabrik guna mencegah pencemaran               have been installed throughout the factory premises to prevent
air, dan seluruh parameter lingkungan dipantau ketat sesuai            water pollution, and all environmental parameters are strictly
peraturan yang berlaku.                                                monitored in accordance with applicable regulations.


Selain langkah mitigasi risiko lingkungan, Perseroan juga              In addition to environmental risk mitigation measures, the
melaksanakan berbagai program strategis yang memberikan                Company also implements various strategic programs that
dampak positif langsung bagi masyarakat, mencakup bidang               have a direct positive impact on the community, covering
pendidikan, kesehatan, pelatihan keterampilan, pengembangan            the fields of education, health, skills training, local economic
ekonomi lokal, pelestarian budaya, dan kegiatan lingkungan.            development, cultural preservation, and environmental
Program-program ini tidak hanya membuka kesempatan                     activities. These programs not only create job opportunities
kerja bagi masyarakat lokal di kantor maupun pabrik                    for local communities at the Company’s offices and factories
Perseroan, tetapi juga meningkatkan kapasitas dan kualitas             but also enhance the capacity and quality of human resources,
SDM, mendorong pertumbuhan ekonomi setempat, serta                     drive local economic growth, and support the sustainable well-
mendukung kesejahteraan dan kesehatan masyarakat secara                being and health of the community.
berkelanjutan.


Hingga tahun 2025, semua kegiatan operasional dan program              Until 2025, all of the Company’s operational activities and
sosial Perseroan telah dilaksanakan dengan mematuhi                    social programs have been carried out in compliance with
peraturan lingkungan, tanpa adanya potensi pelanggaran yang            environmental regulations, with no significant potential
signifikan terhadap masyarakat atau lingkungan sekitar.                violations affecting the surrounding communities or the
                                                                       environment.


Kegiatan Tanggung Jawab Sosial Lingkungan                              Environmental and Social Responsibility (“ESR”)
(“TJSL”) Tahun 2025 [OJK F.25] [IDX S-12]                              Activities in 2025 [OJK F.25] [IDX S-12]

Melalui berbagai program Corporate Social Responsibility               Through various Corporate Social Responsibility (CSR)
(CSR), Perseroan aktif mendukung peningkatan kualitas hidup            programs, the Company actively supports improvements
masyarakat, baik dari sisi sosial, ekonomi, maupun pendidikan.         in community quality of life, from social, economic, and
Program-program ini dirancang untuk membangun sinergi                  educational aspects. These programs are designed to foster
yang berkelanjutan dengan pemangku kepentingan, sehingga               sustainable synergy with stakeholders, ensuring that the
kehadiran Perseroan dapat memberikan manfaat nyata dan                 Company’s presence delivers tangible and long-term benefits
berkelanjutan bagi komunitas sekitar. Seluruh program                  to surrounding communities. All CSR initiatives implemented



                                                                                           PT Keramika Indonesia Assosiasi Tbk
                                                                                      2025 Annual Report & Sustainability Report             175
Page 178
CSR yang dijalankan juga selaras dengan nilai-nilai Tujuan       are aligned with the principles of the Sustainable Development
Pembangunan Berkelanjutan (Sustainable Development Goals/        Goals (SDGs), which form part of the Government of Indonesia’s
SDGs) yang menjadi agenda pemerintah Indonesia.                  agenda.


Pada tahun 2025, Perseroan berkolaborasi dengan SCG              In 2025, the Company collaborated with SCG Group to carry
Group untuk melaksanakan serangkaian kegiatan TJSL yang          out a series of environmental and social responsibility activities
difokuskan pada beberapa area prioritas, antara lain:            focused on several priority areas, including:



                                                                 Generasi muda Indonesia telah mendapat dukungan beasiswa
                                                                 SCG Sharing the Dream untuk belajar, menumbuhkan


                                 +4.800
                                                                 harapan, dan menggerakkan perubahan.

                                                                 Indonesia’s young generation has received support through
                                                                 the SCG Sharing the Dream scholarship to pursue their
                                                                 education, foster hope, and drive change.




        4.887                                                        +17.000
    Beasiswa Diberikan                                             Jumlah Pendaftaran
   Scholarships are Awarded                                         Number of Registrations




                                 Dijalankan hingga saat ini,        Berbagai komunitas
                                 bersama dengan penerima            proyek tersebut telah
                                 beasiswa terpilih.                 memberikan manfaat


           11                                                                                          1.101
                                 The program is currently           terhadap
                                 underway, in collaboration         The various project
                                 with the selected                  communities have
   Proyek Komunitas              scholarship recipients.            provided benefits to            Penerima manfaat
      Community Project                                                                              Number of beneficiary




                                             +Rp22                   miliar/billion
                                                 Dana Program Tersalurkan
                                                     Program Funds Disbursed




Program Beasiswa “Sharing the Dream” 2025                        “Sharing the Dream” Scholarship Program 2025

Tahun 2025, Perseroan kembali menggelar program beasiswa         In 2025, the Company once again implemented the “Sharing
“Sharing the Dream” bekerja sama dengan SCG Indonesia.           the Dream” scholarship program in collaboration with SCG
Program ini memberikan dukungan pendidikan bagi lebih            Indonesia. The program provided educational support to more
dari 427 pelajar di berbagai daerah, mencakup 415 siswa          than 427 students across various regions, comprising 415
SMA/sederajat dan 12 mahasiswa. Inisiatif ini tidak hanya        Senior High School (or equivalent) students and 12 university
membantu peserta melanjutkan pendidikan formal, tetapi           students. This initiative not only supports beneficiaries in
juga menumbuhkan kompetensi dan karakter yang dapat              continuing formal education, but also fosters competencies
berkontribusi positif bagi pembangunan sumber daya manusia       and character development that contribute positively to
Indonesia.                                                       Indonesia’s human capital development.




            PT Keramika Indonesia Assosiasi Tbk
176         Laporan Tahunan & Laporan Keberlanjutan 2025
Page 179
       Ikhtisar Kinerja | Performance Highlights          Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                            Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                                    Laporan Keberlanjutan | Sustainability Report
                                                         Management Discussion and Analysis




Sejak diluncurkan 13 tahun lalu, program ini telah menyalurkan                   Since its inception 13 years ago, the program has distributed
4.887 beasiswa kepada lebih dari 17.000 pendaftar, dengan                        4,887 scholarships to more than 17,000 applicants, with total
total dana lebih dari Rp22 miliar. Selain bantuan pendidikan,                    funding exceeding Rp22 billion. In addition to educational
program ini juga melibatkan penerima beasiswa dalam 11                           assistance, the program also engages scholarship recipients
proyek komunitas, menjangkau sekitar 1.100 penerima manfaat                      in 11 community projects, reaching approximately 1,100 direct
secara langsung, yang mencerminkan komitmen Perseroan                            beneficiaries, reflecting the Company’s commitment to
dalam memberikan dampak sosial yang berkelanjutan.                               delivering sustainable social impact.


Melalui “Sharing the Dream”, Perseroan menegaskan peran                          Through the “Sharing the Dream” program, the Company
aktifnya dalam mendukung pemerataan akses pendidikan di                          reinforces its active role in supporting equal access to education
seluruh wilayah operasionalnya. Kolaborasi dengan SCG Group                      across its operational areas. The collaboration with SCG Group
semakin memperkuat upaya Perseroan untuk menciptakan                             further strengthens the Company’s efforts to create long-term
nilai sosial jangka panjang sekaligus mengintegrasikan prinsip                   social value while integrating sustainability principles into
keberlanjutan dalam kegiatan pendidikan dan pengembangan                         education and community development initiatives.
masyarakat.

Penerima SCG Scholars Tahun 2025 – Kategori Senior High                          Penerima SCG Scholars Tahun 2025 - Kategori
School                                                                           Undergraduate
SCG Scholars Recipients 2025 – Senior High School Category                       SCG Scholars Recipients 2025 - Undergraduate Category

                          Kota                     Laki-laki Perempuan                                   Kota                    Laki-laki Perempuan
No.                                                                               No.
                          City                       Male      Female                                    City                      Male      Female

  1.      Bekasi                                        18            41           1.   Bekasi                                        1              0

 2.       Sukabumi                                      44           121           2.   Bogor                                         1              0

 3.       Jakarta                                       12            46           3.   Jakarta                                       2              1

 4.       Lebak                                          5             8           4.   Karawang                                      0              2

 5.       Bogor                                         18            40           5.   Lebak                                         0              0

 6.       Karawang                                      13            32           6.   Sukabumi                                      1              1

 7.       Tangerang Selatan/South                        4             9           7.   Tangerang Selatan/South                       1              0
          Tangerang                                                                     Tangerang

 8.       Gresik                                         3             0           8.   Gresik                                        0              0

 9.       Bandung                                        0             0           9.   Bandung                                       0              1

 10. Surabaya                                            0              1          10. Sidoarjo                                       0              1

          Jumlah/Total                                 117          298                 Jumlah/Total                                  6              6


ESG Symposium 2025 Indonesia                                                     ESG Symposium 2025 Indonesia

Di tahun 2025, Perseroan aktif mengambil bagian dalam                            In 2025, the Company actively participated in the ESG
ESG Symposium 2025 Indonesia, yang diselenggarakan pada                          Symposium 2025 Indonesia, held on December 2, 2025, in
2 Desember 2025 di Jakarta oleh SCG Group. Simposium                             Jakarta by the SCG Group. The symposium featured the theme
ini mengangkat tema “Decarbonizing for Our Sustainable                           “Decarbonizing for Our Sustainable Tomorrow” and served as a
Tomorrow”, dan menjadi wadah penting bagi pemerintah,                            vital platform for the government, the private sector, academia,
sektor swasta, akademisi, serta masyarakat untuk berbagi                         and the public to share strategies and solutions for accelerating
strategi dan solusi dalam percepatan transisi menuju ekonomi                     the transition toward a low-carbon economy.
rendah karbon.


Dalam forum ini, dibahas berbagai isu kritis seperti                             During this forum, various critical issues were discussed,
dekarbonisasi industri, inovasi berbasis sirkular ekonomi, serta                 such as industrial decarbonization, circular economy-
penerapan teknologi rendah emisi, yang kesemuanya bertujuan                      based innovations, and the implementation of low-emission
mendorong pertumbuhan hijau di Indonesia. Perseroan                              technologies, all of which aim to drive green growth in Indonesia.
menegaskan peran aktifnya dalam menjalankan prinsip ESG 4                        The Company reaffirmed its active role in implementing the
Plus, sekaligus memperkuat kontribusi terhadap pembangunan                       ESG 4 Plus principles, while strengthening its contribution to
nasional yang inklusif, berkelanjutan, dan ramah lingkungan.                     inclusive, sustainable, and environmentally friendly national
                                                                                 development.


                                                                                                     PT Keramika Indonesia Assosiasi Tbk
                                                                                                2025 Annual Report & Sustainability Report               177
Page 180
Kehadiran Perseroan di simposium ini juga menjadi sarana         The Company’s participation in this symposium also serves as
untuk memperluas dampak positif program TJSL di bidang           a platform to expand the positive impact of its CSR programs
sosial dan lingkungan, sekaligus memperkokoh sinergi             in the social and environmental sectors, while solidifying
berkelanjutan bersama SCG Group demi kemajuan masyarakat         sustainable synergy with the SCG Group for the advancement
dan keberlanjutan operasional perusahaan di masa mendatang.      of society and the Company’s operational sustainability in the
                                                                 future.


Saluran Pengaduan Masyarakat [OJK F.24]                          Community Complaint Channel [OJK F.24]

Perseroan berkomitmen untuk memastikan seluruh kegiatan          The Company is committed to ensuring that all operational
operasionalnya memberikan dampak positif bagi masyarakat         activities generate positive impacts for the community while
dan meminimalkan risiko sosial. Dalam setiap tahapan             minimizing social risks. At every stage of its operations, the
operasional, Perseroan secara rutin menjalin komunikasi          Company regularly engages with stakeholders to address
dengan pemangku kepentingan untuk membahas isu-isu               social issues, economic, and cultural issues, ensuring that its
sosial, ekonomi, dan budaya lokal, sehingga keberadaan           presence in operational areas delivers tangible benefits to
Perseroan di wilayah operasional dapat memberikan manfaat        surrounding communities.
nyata bagi komunitas sekitar.


Untuk   menjamin    partisipasi  masyarakat, Perseroan           To ensure effective community participation, the Company
menyediakan saluran resmi bagi masyarakat untuk                  provides an official channel for the public to submit complaints
menyampaikan keluhan atau pengaduan terkait dampak               or grievances related to the impacts of its operational activities.
kegiatan operasional. Semua pengaduan ditindaklanjuti            All complaints are duly followed up with the objective of
dengan tujuan menemukan solusi yang adil dan                     identifying fair and mutually beneficial solutions for all parties
menguntungkan kedua belah pihak.                                 involved.



                                                                                         mkt@kiaceramics.com
                       0815 7312 3939                                                    audit@kiaceramic.com


Sepanjang tahun 2025, Perseroan tidak menerima laporan           Throughout 2025, the Company received no reports of complaints
pengaduan atau keluhan dari masyarakat terkait kegiatan          or grievances from the public regarding its operational activities,
operasional, yang menunjukkan efektifnya penerapan praktik       demonstrating the effective implementation of responsible
operasional yang bertanggung jawab serta kepedulian              operational practices and the Company’s commitment to the
Perseroan terhadap kesejahteraan masyarakat sekitar.             well-being of the surrounding community.


Produk dan/atau Jasa Berkelanjutan                               Sustainable Products and/or Services

Komitmen Pemberian Layanan yang Setara kepada                    Commitment to Providing Equal Service to All
Seluruh Pelanggan [OJK F.17]                                     Customers [OJK F.17]
Perseroan menempatkan kesetaraan layanan sebagai                 The Company prioritizes service equity as a core commitment in
komitmen utama dalam setiap interaksi dengan pelanggan.          every interaction with customers. As a ceramics manufacturer
Sebagai produsen keramik yang melayani berbagai segmen           serving various market segments, the Company ensures
pasar, Perseroan memastikan bahwa seluruh pelanggan tanpa        that all customers—regardless of location, business type,
memandang lokasi, jenis usaha, maupun skala pembelian            or purchase volume—have equal access to product quality,
mendapatkan akses yang sama terhadap kualitas produk,            accurate information, and consistent service standards. This
informasi yang akurat, dan standar pelayanan yang konsisten.     commitment is realized through the implementation of uniform
Komitmen ini diwujudkan melalui penerapan pedoman layanan        customer service guidelines across all distribution points and
pelanggan yang berlaku seragam di seluruh titik distribusi dan   marketing channels.
kanal pemasaran.


Untuk menjaga standar layanan tersebut, Perseroan                To maintain these service standards, the Company provides a
menyediakan mekanisme penanganan keluhan yang                    structured complaint handling mechanism and facilitates two-
terstruktur serta membuka ruang komunikasi dua arah bagi         way communication with customers. All feedback, inquiries,
pelanggan. Setiap masukan, pertanyaan, maupun keluhan            and complaints are processed through product and service
diproses melalui prosedur evaluasi kualitas produk dan           quality evaluation procedures supervised by the relevant



             PT Keramika Indonesia Assosiasi Tbk
178          Laporan Tahunan & Laporan Keberlanjutan 2025
Page 181
   Ikhtisar Kinerja | Performance Highlights     Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                   Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                           Laporan Keberlanjutan | Sustainability Report
                                                Management Discussion and Analysis




layanan yang diawasi oleh unit terkait, sebagai bagian dari             units, as part of a continuous improvement system. Product
sistem peningkatan mutu yang berkelanjutan. Transparansi                information transparency is also a priority, enabling customers
informasi produk juga menjadi prioritas, sehingga pelanggan             to easily and clearly access product specifications, design
dapat memperoleh spesifikasi, pilihan desain, dan keunggulan            options, and product advantages of “KIA Ceramics”.
produk “KIA Ceramics” dengan mudah dan jelas.


Perseroan turut memperluas jangkauan layanan setara melalui             The Company further expands equal access to its services
pemanfaatan kanal digital, termasuk situs web resmi dan                 through the utilization of digital channels, including its official
media sosial, untuk memastikan seluruh pelanggan dapat                  website and social media platforms, ensuring that all customers
mengakses informasi dan layanan tanpa batasan geografis.                can access information and services without geographical
Melalui pendekatan ini, Perseroan konsisten menjaga prinsip             limitations. Through this approach, the Company consistently
non-diskriminatif dalam setiap aspek pelayanan, sekaligus               upholds non-discriminatory principles in all aspects of service
memperteguh tanggung jawabnya untuk memberikan                          delivery, while reinforcing its commitment to providing a fair,
pengalaman pelanggan yang adil, inklusif, dan selaras dengan            inclusive, and sustainable customer experience in line with
praktik bisnis berkelanjutan.                                           sustainable business practices.


Inovasi dan Pengembangan Teknologi Mesin                                Innovation and Development of Environmentally
Pabrik Ramah Lingkungan [OJK F.26]                                      Friendly Factory Machinery Technology [OJK F.26]

Perseroan menempatkan pelanggan sebagai salah satu                      The Company places customers as one of its key stakeholders
pemangku kepentingan utama yang harus mendapatkan                       who deserve attention, appreciation, and opportunities
perhatian, penghargaan, dan ruang untuk menyampaikan                    to provide feedback. As a ceramic manufacturer that has
masukan. Sebagai produsen keramik yang telah melalui                    undergone various stages of industrial development, the
berbagai fase perkembangan industri, Perseroan menjaga                  Company remains committed to delivering optimal service and
komitmen untuk memberikan pelayanan optimal dan                         ensuring product responsibility. This commitment is reflected
memastikan perlindungan terhadap pelanggan (product                     in the fulfillment of product quality standards—ranging from
responsibility). Komitmen tersebut diwujudkan melalui                   floor tiles, wall tiles, to roof tiles—which are all produced in
pemenuhan kualitas produk—mulai dari ubin keramik                       accordance with Indonesian National Standards (SNI), covering
lantai, ubin keramik dinding, hingga keramik genteng yang               raw material suitability and key product characteristics such as
seluruhnya diproduksi sesuai standar SNI, mencakup aspek                water, stain, and chemical resistance, anti-slip surfaces, and
kelayakan bahan baku dan karakteristik keramik seperti daya             long product lifespan.
tahan terhadap air, noda, serta bahan kimia, permukaan yang
tidak licin, dan umur pakai yang panjang.


Pada tahun 2025, peningkatan pelayanan kepada pelanggan                 In 2025, the Company enhanced its customer service offerings
dilakukan melalui peluncuran 151 Stock Keeping Unit (SKU)               through the launch of 151 new Stock Keeping Units (SKUs),
baru, yang terdiri dari 147 produk KIA dan 4 produk KIA Roof. Di        comprising 147 KIA products and 4 KIA Roof products. In
sisi lain, dalam rangka menciptakan ekosistem industri keramik          addition, to foster a more sustainable ceramic industry
yang lebih berkelanjutan, Perseroan terus mengembangkan                 ecosystem, the Company continues to develop innovations,
inovasi, salah satunya dengan melakukan investasi teknologi             including investments in more efficient, energy-saving, and
pada mesin pembuat keramik yang lebih efisien, hemat                    environmentally friendly ceramic production machinery to
energi, dan ramah lingkungan untuk mengurangi emisi GRK                 reduce greenhouse gas (GHG) emissions while optimizing
sekaligus menekan biaya operasional. Bagi Perseroan, desain             operational costs. For the Company, product design goes
produk tidak berhenti pada aspek estetika, tetapi juga harus            beyond aesthetics; it is also intended to inspire and reflect
menginspirasi serta merepresentasikan penggunaan material               the use of materials and production methods aligned with
dan metode produksi yang selaras dengan prinsip sustainability          sustainability principles, delivering positive impacts to
dengan dampak positif bagi masyarakat sekitar.                          surrounding communities.


Kesadaran akan pentingnya teknologi ramah lingkungan                    Awareness of the importance of environmentally friendly
mendorong seluruh pabrik KIA untuk menggunakan mesin                    technology has driven all KIA plants to utilize raw material
pemrosesan bahan baku seperti ball mill dan spray-dryer,                processing machinery such as ball mills and spray dryers, as
serta mesin decoration seperti digital printing dan graniglia           well as decoration machines including digital printing and
application hingga tahapan pengemasan produk akhir (end                 graniglia application, through to the final product packaging
product packaging). Penerapan rangkaian mesin tersebut                  stage. The implementation of these integrated technologies
menjadi langkah strategis dalam menjawab tantangan                      represents a strategic step in addressing sustainability
keberlanjutan di industri manufaktur keramik.                           challenges in the ceramic manufacturing industry.



                                                                                            PT Keramika Indonesia Assosiasi Tbk
                                                                                       2025 Annual Report & Sustainability Report             179
Page 182
Sebagai wujud dari konsep Pioneer in Quality, Perseroan              As part of its “Pioneer in Quality” concept, the Company
menghadirkan produk ubin keramik inovatif melalui proses             delivers innovative ceramic tiles through advanced production
produksi berteknologi tinggi, termasuk dalam pembuatan KIA           processes, including the manufacturing of KIA HD Tiles. All KIA
HD Tiles. Seluruh seri KIA HD mengombinasikan teknologi              HD series combine digital printing technology, special design
digital printing, design special concept, serta aplikasi special     concepts, and special effect applications (luster/sinking).
effect (luster/sinking). Untuk seri keramik KIA lainnya, teknologi   For other KIA ceramic series, digital printing technology has
digital printing telah menggantikan metode konvensional              replaced the conventional Rotocolor method, resulting in a
Rotocolor sehingga proses produksi menjadi lebih modern dan          more modern and efficient production process.
efisien.


Pemanfaatan digital printing memungkinkan Perseroan                  The use of digital printing enables the Company to produce
menghasilkan motif keramik tidak hanya di permukaan                  ceramic patterns not only on flat surfaces but also on
datar, tetapi juga pada bidang yang memiliki kontur, serta           contoured surfaces, in various sizes and shapes. This design
dalam beragam ukuran dan bentuk. Pendekatan desain ini               approach presents the aesthetics of natural materials on
menampilkan estetika bahan alami pada permukaan keramik              ceramic surfaces with more unique and artistic visual effects.
dengan sentuhan visual yang lebih unik dan artistik. Dengan          By offering ceramic alternatives that resemble natural stone
menyediakan alternatif keramik yang menyerupai batu alam             but are easier to install and maintain, the Company aims to
namun lebih mudah dalam pemasangan dan perawatan,                    reduce industry dependence on natural stone usage, thereby
Perseroan berharap dapat mengurangi ketergantungan                   further contributing to environmental conservation.
industri terhadap penggunaan batu alam, sehingga kontribusi
terhadap pelestarian lingkungan dapat terus ditingkatkan.


Sejalan dengan dinamika industri dan perubahan tren pasar,           In line with industry dynamics and evolving market trends,
Perseroan terus terdorong untuk memperkuat inovasi desain            the Company continues to strengthen design innovation to
demi tetap menghadirkan produk-produk yang mampu                     consistently deliver products that meet customer expectations
memenuhi ekspektasi pelanggan baik saat ini maupun di masa           both now and in the future. Going forward, the Company will
mendatang. Ke depan, fokus Perseroan akan tetap diarahkan            remain focused on creating products that are aesthetically
pada penciptaan produk yang indah, berkualitas tinggi,               appealing, of high quality, and offer a wider range of choices
dan memberikan pilihan yang lebih beragam bagi seluruh               for all customers.
pelanggan.


                              Seluruh lini produk keramik Perseroan diproduksi menggunakan teknologi ramah lingkungan, dengan
                              kualitas dan mutu yang terjamin. Pada tahun 2025, aktual produksi keramik KIA tercatat mencapai
                              9,13 juta m² untuk keramik lantai dan 2,46 juta m² untuk keramik dinding, serta 1,34 juta m² untuk
                              genteng keramik (Roof Tile/“RT”).

                              Brand KIA telah memperoleh pengakuan baik di pasar domestik maupun internasional, menawarkan
                              beragam desain dan motif yang selalu menyesuaikan tren dan preferensi konsumen.


                              The Company’s entire line of ceramic products is manufactured using environmentally friendly
                              technology, with guaranteed quality and standards. In 2025, KIA’s actual ceramic production reached
                              9.13 million m² for floor tiles, 2.46 million m² for wall tiles, and 1.34 million m² for ceramic (Roof
                              Tiles/“RT”)..

                              The KIA brand has gained recognition in both domestic and international markets, offering a wide
                              variety of designs and patterns that consistently align with trends and consumer preferences.


Produk Keramik yang Telah Dievaluasi Keamanannya                     Ceramic Products with Verified Safety [OJK F.27]
[OJK F.27]
Bagi Perseroan, pelanggan merupakan salah satu pemangku              For the Company, customers are among its key stakeholders,
kepentingan utama mengingat loyalitas mereka menjadi                 as their loyalty is a critical factor for long-term business
faktor penting bagi keberlanjutan bisnis jangka panjang.             sustainability. With this understanding, the Company is
Dengan pemahaman tersebut, Perseroan berkomitmen                     committed to providing high-quality ceramic tile products
untuk menghadirkan produk ubin keramik yang berkualitas              while ensuring maximum protection for customers (product
tinggi sekaligus memberikan perlindungan maksimal kepada             responsibility). This is achieved through the implementation
pelanggan (product responsibility). Hal ini diwujudkan melalui       of strict Quality Control (QC) procedures, in accordance with
penerapan tahapan pengendalian mutu (Quality Control/QC)             national and international standards, including ISO 9001:2015



              PT Keramika Indonesia Assosiasi Tbk
180           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 183
   Ikhtisar Kinerja | Performance Highlights           Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                         Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                                 Laporan Keberlanjutan | Sustainability Report
                                                      Management Discussion and Analysis




yang ketat, sesuai standar nasional maupun internasional,                     and Indonesian National Standards (SNI). These certifications
termasuk ISO 9001:2015 dan Standar Nasional Indonesia                         confirm that the Company has conducted comprehensive
(SNI). Sertifikasi tersebut menegaskan bahwa Perseroan telah                  quality control before products are delivered to customers,
melaksanakan pengendalian kualitas secara menyeluruh                          ensuring product quality remains consistent and meets
sebelum produk diserahkan ke pelanggan, sehingga mutu                         consumer expectations.
produk tetap konsisten dan sesuai harapan konsumen.


Selain fokus pada inovasi produk agar tetap kompetitif di                     In addition to focusing on product innovation to remain
industri keramik, Perseroan memastikan bahwa seluruh ubin                     competitive in the ceramic industry, the Company ensures that
keramik yang dipasarkan aman dari kandungan senyawa                           all ceramic tiles marketed are free from harmful compounds,
berbahaya, termasuk Volatile Organic Compounds (VOC)                          including Volatile Organic Compounds (VOCs) and heavy
maupun logam berat seperti kadmium, timbal, dan antimony.                     metals such as cadmium, lead, and antimony. Quality testing
Proses pengujian dan pemeriksaan mutu dilakukan dengan                        and inspection processes are strictly conducted using
ketat menggunakan standar internasional, yaitu SNI ISO                        international standards, namely SNI ISO 13006:2010 and the
13006:2010 dan metode pengujian ISO 10545.                                    ISO 10545 testing method.


Tidak hanya dilakukan secara internal, seluruh produk                         In addition to internal testing, all of the Company’s products are
Perseroan juga diuji oleh pihak ketiga yang independen, yaitu                 also tested by an independent third party—the Government’s
Badan Sertifikasi Produk dari Pemerintah, untuk menilai                       Product Certification Agency—to assess safety and quality.
aspek keamanan dan kualitas. Selain itu, sebelum dikirim ke                   Furthermore, before shipping to distributors, the Company
distributor, Perseroan melakukan pengujian mutu produk jadi                   conducts quality testing on finished products using random
melalui metode random sampling untuk memastikan bahwa                         sampling to ensure that every ceramic item meets established
setiap keramik memenuhi standar yang telah ditetapkan.                        standards.


Berikut ini adalah rangkaian tahapan pengendalian mutu dan                    The following is a series of quality control and quality assurance
kualitas yang diterapkan Perseroan secara konsisten, mulai                    steps that the Company consistently implements, from raw
dari pengolahan bahan baku hingga produk siap edar:                           material processing to market-ready products:


                                                             Tahap Dalam Produksi
                                                               Production Stage
                                                                                                                     Pengepakan, distribusi, dan
    Pemilihan bahan baku                        Proses Produksi                        Barang Jadi                         penyimpanan
    Raw material selection                     Production Process                     Final Product                   Packing, distribution, and
                                                                                                                               storage
                                                         Kegiatan Pengendalian Mutu
                                                           Quality Control Activities
 › Melakukan      Riset   dan           Menggunakan         tools    Q       › Seleksi     produk      yang          Pengepakan, distribusi serta
   Pengembangan,         serta          component     pada      proses         ketat/sorting         dengan          penyimpanan sesuai dengan
   survei untuk memastikan              produksi untuk memastikan              memadukan          teknologi          standar keselamatan produk
   bahan baku yang diperoleh            produk yang dihasilkan dari            serta tenaga kerja yang               untuk memastikan produk
   adalah      bahan     baku           tiap tahapan sudah sesuai              terampil.                             sampai     dalam    keadaan
   yang terbaik yang akan               dengan standar mutu dan              › Inspeksi produk jadi oleh             terbaik kepada pelanggan.
   digunakan pada proses                spesifikasi yang diterapkan            Petugas Quality Control               Packing, distribution, and
   produksi.                            perusahaan.                            untuk memastikan produk               storage in line with product
 › Pemeriksaan kualitas dan             Using Q component tools                yang akan dipasarkan                  safety standards to ensure
   kualitas terhadap bahan              in the production process              merupakan produk terbaik              products    arrive in    the
   baku yang datang sebelum             to ensure that the products            dan sudah sesuai dengan               best possible condition to
   kemudian akan digunakan              generated from each stage              standar      kualitas    dari         customers.
   pada proses produksi.                are compliant with the                 perusahaan.
 › Conduct Research and                 company’s quality standards          › Strict product selection/
   Development and surveys              and specifications.                    sorting     by    combining
   to ensure that the raw                                                      technology and skilled
   materials obtained are the                                                  labor.
   best used in the production                                               › Finished             product
   process.                                                                    inspection     by     Quality
 › Quality inspection and                                                      Control Officers to ensure
   quality of incoming raw                                                     that the products to be
   materials before they will                                                  marketed are the best and
   be used in the production                                                   are in line with the quality
   cycle.                                                                      standards of the company.



                                                                                                  PT Keramika Indonesia Assosiasi Tbk
                                                                                             2025 Annual Report & Sustainability Report             181
Page 184
Selain memastikan kualitas produk keramik yang dijual kepada    In addition to ensuring the quality of the ceramic products
pelanggan, Perseroan juga menekankan keamanan dan               sold to customers, the Company also emphasizes the safety
keberlanjutan bahan baku yang digunakan dalam seluruh rantai    and sustainability of the raw materials used throughout KIA’s
pasok KIA. Bahan baku tersebut dijamin aman dari kandungan      supply chain. These raw materials are guaranteed to be free
racun dan bersumber dari sumber daya alam yang berkelanjutan    of toxic substances and are sourced from sustainable natural
serta dapat dipertanggungjawabkan penggunaannya.                resources, with their use being fully accountable.


Setelah melewati seluruh tahapan pengujian dan pengendalian     After passing all stages of testing and quality control conducted
mutu yang dilaksanakan secara rutin oleh unit kerja terkait,    routinely by the relevant departments, the Company ensures
Perseroan memastikan bahwa seluruh produk keramik yang          that all ceramic products produced (100%) meet applicable
dihasilkan (100%) telah memenuhi standar keamanan dan mutu      safety and quality standards, in accordance with relevant
yang berlaku, sesuai dengan regulasi dan persyaratan relevan.   regulations and requirements.


Dampak Produk-Produk KIA bagi Pelanggan [OJK F.28]              The Impact of KIA Products on Customers [OJK F.28]
Perseroan menegaskan komitmennya terhadap kualitas              The Company reaffirms its commitment to quality by providing
dengan menyediakan berbagai jenis keramik yang dapat            a variety of ceramic products that can be enjoyed and used
dinikmati dan digunakan oleh semua lapisan masyarakat.          by people from all walks of life. The Company’s products
Keunggulan produk Perseroan tidak hanya terletak pada           excel not only in their high quality but also in their unique and
kualitasnya yang tinggi, tetapi juga pada desain yang unik      aesthetically pleasing designs. Thousands of products under
dan estetis. Ribuan produk dengan merek KIA dan IMPRESSO        the KIA and IMPRESSO brands have been widely accepted by
telah diterima secara luas oleh konsumen, bahkan merambah       consumers and have even penetrated international markets.
pasar internasional. Perseroan yakin bahwa setiap produk        The Company is confident that every KIA ceramic product
keramik KIA memberikan kontribusi positif dengan memenuhi       makes a positive contribution by meeting customer needs as a
kebutuhan pelanggan sebagai solusi untuk interior dan           solution for interiors and various building applications.
berbagai keperluan bangunan.


Untuk memastikan kepatuhan terhadap Permendag                   To ensure compliance with Ministry of Trade Regulation
No. 25 Tahun 2021 terkait Penetapan barang yang wajib           No. 25 of 2021 regarding the Designation of Goods Required
menggunakan atau melengkapi Label Berbahasa Indonesia,          to Use or Include Indonesian-Language Labels, the Company
Perseroan menyediakan informasi yang jelas mengenai             provides clear information regarding the composition of raw
komposisi bahan baku, petunjuk penggunaan yang aman, serta      materials, safe usage instructions, and product handling
prosedur penanganan (handling) produk. Langkah ini dilakukan    procedures. This measure is taken to minimize the risk of
untuk meminimalkan risiko kesalahan penggunaan sekaligus        misuse while ensuring consumer safety and comfort when
menjamin keamanan dan kenyamanan konsumen dalam                 using the Company’s products.
memanfaatkan produk Perseroan.


Produk Keramik yang Ditarik Kembali dari Pasar                  Ceramic Products Recalled from the Market [OJK F.29]
[OJK F.29]
Sepanjang tahun 2025, tidak terdapat insiden atau peristiwa     Throughout 2025, there were no incidents or events that led to
yang menyebabkan produk KIA Ceramics ditarik dari pasar.        KIA Ceramics products being recalled from the market.


Survei Kepuasan Pelanggan [OJK F.30]                            Customer Satisfaction Survey [OJK F.30]
Hingga tahun 2025, Perseroan belum melakukan survei             As of 2025, the Company has not conducted a customer
kepuasan terhadap pelanggan. Walaupun demikian, Perseroan       satisfaction survey. Nevertheless, the Company remains
akan terus berkomitmen selalu menjalankan kegiatan usaha        committed to conducting responsible business operations and
yang bertanggung jawab dan terus berupaya memberikan            will continue to strive to provide the highest quality of service
kualitas pelayanan yang terbaik kepada seluruh pelanggan.       to all customers.


Kanal Pengaduan Pelanggan                                       Customer Complaint Channels
Perseroan senantiasa membuka diri terhadap setiap               The Company is always open to any input and feedback from
masukan dan feedback dari pelanggan sebagai bagian dari         customers as part of its ongoing efforts to improve the quality
upaya berkelanjutan untuk meningkatkan kualitas produk          of its products and services. To support this communication,
dan layanan. Untuk mendukung komunikasi ini, Perseroan          the Company provides various channels that customers can
menyediakan berbagai saluran yang dapat digunakan oleh          use to submit questions, information, or complaints easily and
pelanggan untuk menyampaikan pertanyaan, informasi,             quickly.
maupun keluhan secara mudah dan cepat.



             PT Keramika Indonesia Assosiasi Tbk
182          Laporan Tahunan & Laporan Keberlanjutan 2025
Page 185
   Ikhtisar Kinerja | Performance Highlights        Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                      Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                              Laporan Keberlanjutan | Sustainability Report
                                                   Management Discussion and Analysis




                           0815 7312 3939                                                              mkt@kiaceramics.com


Semua keluhan dan masukan yang diterima dari pelanggan                     All complaints and feedback received from customers are
ditangani dan diselesaikan sesuai dengan prosedur serta                    addressed and resolved in accordance with the Company’s
ketentuan yang berlaku di Perseroan. Setiap aspirasi yang                  established procedures and regulations. Every suggestion
disampaikan dihargai dan dijadikan bahan evaluasi, sehingga                received is valued and used as input for evaluation, enabling
Perseroan dapat terus menyempurnakan dan mengembangkan                     the Company to continuously improve and develop ceramic
produk keramik yang lebih sesuai dengan kebutuhan dan                      products that better meet customers’ needs and expectations
harapan pelanggan di masa mendatang.                                       in the future.


                                  Sepanjang tahun 2025, Perseroan menerima 15 laporan keluhan dari konsumen,
                                  dan pada akhir periode, seluruh laporan tersebut telah ditangani dan diselesaikan
                                  dengan tuntas.

                                  Throughout 2025, the Company received 15 consumer complaints, and by the
                                  end of the period, all of them had been addressed and fully resolved.

Dukungan terhadap Tujuan Pembangunan                                       Support for the Sustainable Development Goals
Berkelanjutan (TPB) Terkait Kinerja Sosial                                 (SDGs) Related to Social Performance

 Dukungan terhadap TPB                                                            Keterangan
    Support for SDGs                                                              Description

                                  Layanan kesehatan, pemeriksaan berkala,                   Provision of health services, medical check-ups,
                                  dan jaminan kesehatan bagi karyawan, serta                employee health insurance, and community
                                  program kesehatan untuk masyarakat di wilayah             health programs in operational areas.
                                  operasional.
                                  Dukungan akses pendidikan melalui beasiswa                Support for education access through the
                                  “Sharing the Dream” serta pengembangan                    “Sharing the Dream” scholarship program and
                                  kapasitas penerima manfaat.                               beneficiary capacity development.

                                  Penerapan kesetaraan gender dan kebijakan anti Implementation of gender equality and anti-
                                  pelecehan seksual dalam ketenagakerjaan.       sexual harassment policies in employment
                                                                                 practices.

                                  Praktik ketenagakerjaan adil, larangan pekerja            Fair labor practices, prohibition of child and forced
                                  anak dan kerja paksa, K3 bersertifikasi, pelatihan        labor, certified OHS system, continuous training,
                                  berkelanjutan, serta penciptaan lapangan kerja            job creation, and local economic empowerment.
                                  dan pemberdayaan ekonomi masyarakat lokal.
                                  Pemanfaatan teknologi mesin dan digitalisasi              Use of machinery technology and digitalized
                                  proses dekorasi untuk meningkatkan efisiensi              decoration processes to improve efficiency and
                                  dan kualitas produksi.                                    production quality.

                                  Penguatan keterlibatan masyarakat melalui Strengthening community engagement through
                                  program sosial dan pengembangan komunitas di social programs and community development in
                                  wilayah operasional.                         operational areas.

                                  Pengendalian lingkungan (polusi, IPAL, 3R,                Environmental management (pollution control,
                                  monitoring), standar sertifikasi, pengujian               WWTP, 3R, monitoring), certification standards,
                                  bahan berbahaya, dan quality control ketat pada           hazardous testing, and strict production quality
                                  produksi.                                                 control.
                                  Efisiensi produksi, teknologi hemat energi,               Production      efficiency,      energy-efficient
                                  dan upaya mitigasi perubahan iklim melalui                technologies, and climate change mitigation
                                  operasional yang lebih ramah lingkungan.                  through more environmentally friendly operations.

                                  Kebijakan HAM, Whistleblowing System, tanpa               Human rights policies, Whistleblowing System,
                                  pelanggaran HAM, serta mekanisme pengaduan                no human rights violations, and fully resolved
                                  pelanggan dan masyarakat yang seluruhnya                  customer and community grievance mechanisms
                                  terselesaikan pada 2025.                                  in 2025.
                                  Kolaborasi dengan SCG Group, kanal komunikasi             Collaboration with SCG Group, digital customer
                                  pelanggan digital, dan sistem umpan balik untuk           communication channels, and feedback systems
                                  peningkatan layanan.                                      for service improvement.




                                                                                               PT Keramika Indonesia Assosiasi Tbk
                                                                                          2025 Annual Report & Sustainability Report             183
Page 186
Kinerja Lingkungan Hidup                                               Environmental Performance:

Kontribusi KIA terhadap Lingkungan [IDX E-06]                          KIA’s Contribution to the Environment [IDX E-06]

Sebagai bagian dari komitmen untuk menjalankan operasional             As part of its commitment to environmentally responsible
yang berwawasan lingkungan, Perseroan mengadopsi                       operations, the Company has adopted the ESG 4 Plus approach,
pendekatan ESG 4 Plus, suatu prinsip keberlanjutan yang                a sustainability framework aligned with global ESG standards
diselaraskan dari kerangka global ESG dan dipersonalisasi              and tailored by the SCG Group. Through this approach, the
oleh SCG Group. Melalui pendekatan ini, Perseroan berupaya             Company strives to achieve four key objectives: supporting
mewujudkan empat sasaran utama, yaitu mendukung                        the attainment of Net Zero Emissions in line with the national
pencapaian Net Zero Emission sesuai target nasional pada               target by 2050, expanding the adoption of environmentally
tahun 2050, memperluas penerapan industri dan produk yang              friendly industries and products, reducing social disparities,
ramah lingkungan, mengurangi kesenjangan sosial, serta                 and strengthening collaboration with stakeholders. The
memperkuat kolaborasi dengan para pemangku kepentingan.                “Plus” element in this framework underscores the Company’s
Unsur “Plus” dalam kerangka tersebut menegaskan komitmen               commitment to integrity, fairness, and transparency in all
Perseroan terhadap integritas, keadilan, dan transparansi              aspects of governance.
dalam seluruh aspek tata kelola.


Biaya Lingkungan Hidup Tahun 2025 [OJK F.4]                            Environmental Expenditures in 2025 [OJK F.4]
Untuk memastikan operasional berjalan secara bertanggung               To ensure responsible operations, the Company allocated
jawab, Perseroan mengalokasikan biaya lingkungan hidup                 environmental expenditures for the following purposes:
yang digunakan untuk:
› Pengelolaan dan pengolahan limbah, termasuk operasional              ›   Waste management and treatment, including wastewater
   IPAL dan limbah B3;                                                     treatment plant (WWTP) operations and hazardous waste
                                                                           (B3) handling;
›     Pemantauan kualitas lingkungan secara berkala;                   ›   Periodic environmental quality monitoring;
›     Perawatan fasilitas pengendalian pencemaran, seperti dust        ›   Maintenance of pollution control facilities, such as dust
      collector dan cyclone; dan                                           collectors and cyclones; and
›     Pemenuhan kewajiban kepatuhan lingkungan, termasuk               ›   Fulfillment of environmental compliance obligations,
      perizinan dan pelaporan.                                             including permitting and reporting.


Total biaya lingkungan hidup Perseroan pada tahun 2025                 Total environmental expenditures incurred by the Company in
adalah Rp6.184.500.                                                    2025 amounted to Rp6,184,500.


Perseroan berkomitmen memastikan bahwa alokasi biaya                   The Company is committed to ensuring that such expenditures
tersebut berkontribusi langsung dalam pengendalian dampak              directly contribute to environmental impact control and full
lingkungan serta memenuhi seluruh ketentuan yang berlaku.              compliance with applicable regulations.


    Uraian                                                                                                           Jumlah (Rp)
    Description                                                                                                      Amount (Rp)

    Pengelolaan dan pengolahan limbah, termasuk operasional IPAL dan limbah B3
    Waste management and treatment, including the operation of wastewater treatment plants and hazardous             Rp563.611.000
    waste

    Pemantauan kualitas lingkungan secara berkala
                                                                                                                      Rp79.150.000
    Regular environmental quality monitoring

    Perawatan fasilitas pengendalian pencemaran, seperti dust collector dan cyclone
                                                                                                                     Rp50.000.000
    Maintenance of pollution control facilities, such as dust collectors and cyclones

    Pemenuhan kewajiban kepatuhan lingkungan, termasuk perizinan dan pelaporan
                                                                                                                      Rp30.000.000
    Fulfillment of environmental compliance obligations, including permitting and reporting

    Total biaya
                                                                                                                    Rp722.761.000
    Total cost




                  PT Keramika Indonesia Assosiasi Tbk
184               Laporan Tahunan & Laporan Keberlanjutan 2025
Page 187
   Ikhtisar Kinerja | Performance Highlights         Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                       Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                               Laporan Keberlanjutan | Sustainability Report
                                                    Management Discussion and Analysis




Penggunaan Material Ramah Lingkungan [OJK F.5]                              Use of Environmentally Friendly Materials [OJK F.5]
Perseroan berkomitmen mengintegrasikan prinsip ramah                        The Company is committed to integrating environmentally
lingkungan dalam setiap aktivitas operasional, baik di kantor               friendly principles into all operational activities, both in offices
maupun di pabrik. Di area perkantoran, komitmen tersebut                    and at factories. In office areas, this commitment is realized
diwujudkan melalui penerapan budaya green office dan                        through the implementation of a green office and zero-waste
zero waste, termasuk kebijakan pemilahan sampah serta                       culture, including waste sorting policies and restrictions on the
pembatasan penggunaan plastik sekali pakai seperti sedotan,                 use of single-use plastics such as straws, cutlery, and beverage
alat makan, dan kemasan minuman. Kebijakan ini berlaku bagi                 containers. This policy applies to all employees, both at the
seluruh karyawan, baik di kantor pusat maupun unit pabrik.                  headquarters and in the manufacturing units.


Dalam proses produksi ubin keramik, Perseroan juga                          In the ceramic tile production process, the Company also
memastikan penggunaan material yang lebih ramah                             ensures the use of more environmentally friendly materials.
lingkungan. Upaya ini dilakukan melalui pemilihan bahan baku                These efforts are carried out through the selection of primary
utama dan bahan pendukung yang minim dampak terhadap                        raw materials and supporting materials that have minimal
lingkungan serta mendukung proses produksi yang lebih                       environmental impact and support a more sustainable
berkelanjutan, antara lain:                                                 production process, including:


   Jenis Bahan Baku                      Sifat                                                      Fungsi
   Raw Material Type                   Character                                                   Function

Tanah Liat                    Renewable Materials        Merupakan bahan baku utama pembuatan badan keramik, KIA menggunakan
Clay                                                     bahan baku tanah liat dari tambang yang telah memiliki izin penambangan
                                                         serta secara kandungan bebas dari material pencemar.
                                                         The core raw material for making ceramic bodies, KIA uses clay from mines
                                                         that have mining licenses and are free of contaminants.
Kaolin                        Renewable Materials        Merupakan material dasar glasur, kaolin yang digunakan oleh KIA merupakan
                                                         kaolin netral yang tidak mencemari lingkungan.
                                                         A basic glazing material, the kaolin used by KIA is a neutral kaolin that does
                                                         not pollute the environment.

Dalam menjalankan kegiatan operasionalnya, Perseroan                        In conducting its operations, the Company ensures that
memastikan bahwa pengelolaan air limbah dari pabrik                         wastewater management from its ceramic plants is strictly
keramik dilakukan secara ketat untuk mencegah dampak                        enforced to prevent negative impacts on the environment. As
negatif terhadap lingkungan. Sebagai bagian dari mitigasi                   part of its efforts to mitigate the risk of effluent pollution, the
risiko pencemaran efluen, Perseroan mengoperasikan unit                     Company operates a Wastewater Treatment Plant (WWTP)
Pengolahan Air Limbah (Waste Water Treatment Plant/WWTP)                    designed to recycle wastewater and treat residual materials
yang berfungsi mendaur ulang air limbah serta mengolah                      from the production process—such as clay bodies, engobe,
material sisa proses produksi, seperti body, engobe, dan glazur,            and glaze—before the water is discharged back into the
sebelum air dialirkan kembali ke lingkungan.                                environment.

Melalui sistem ini, Perseroan memastikan bahwa seluruh                      Through this system, the Company ensures that all parameters
parameter kualitas air limbah yang dilepas telah memenuhi                   of the discharged wastewater meet standards and remain
standar dan tetap berada di bawah ambang batas maksimum                     below the maximum thresholds set by applicable laws and
yang ditetapkan oleh peraturan perundang-undangan.                          regulations.


Efisiensi Energi [OJK F.7] [IDX E-03]                                       Energy Efficiency [OJK F.7] [IDX E-03]
Dalam operasional pabrik keramik, Perseroan menggunakan                     In the operation of the ceramic factory, the Company uses
energi listrik dan gas sebagai sumber utama. Gas digunakan                  electricity and gas as primary energy sources. Gas is primarily
terutama untuk proses pembakaran keramik karena                             used for the ceramic firing process due to its stable supply
pasokannya stabil dan tekanan terkontrol, sedangkan listrik                 and controlled pressure, while electricity is used for lighting,
dipakai untuk penerangan, mesin produksi, serta fasilitas                   production machinery, and office facilities such as air
kantor seperti AC, kulkas, lift, dan perangkat elektronik.                  conditioning, refrigerators, elevators, and electronic devices.


Pasokan listrik untuk kantor pusat dan pabrik KIA berasal                   Electricity supply for the headquarters and the KIA factory
dari PT PLN dengan kapasitas 6.930 kVa, dibantu 8 unit                      comes from PT PLN with a capacity of 6,930 kVA, supplemented
genset berbahan bakar solar masing-masing 22 kVa sebagai                    by 8 diesel-powered generators, each with a capacity of 22
cadangan. Energi gas sepenuhnya disediakan oleh PT PGN.                     kVA, as a backup. Gas energy is entirely supplied by PT PGN.



                                                                                                PT Keramika Indonesia Assosiasi Tbk
                                                                                           2025 Annual Report & Sustainability Report            185
Page 188
Meskipun konsumsi energi terbesar berasal dari aktivitas             Although the largest share of energy consumption stems from
produksi, seluruh insan Perseroan menyadari keterbatasan             production activities, everyone at the Company is aware of the
sumber daya energi. Oleh karena itu, Perseroan berkomitmen           limitations of energy resources. Therefore, the Company is
menerapkan inisiatif efisiensi energi di kantor dan pabrik,          committed to implementing energy efficiency initiatives in its
termasuk investasi pada teknologi produksi yang lebih canggih        offices and factories, including investments in more advanced
dan ramah lingkungan.                                                and environmentally friendly production technologies.


         Inisiatif Penghematan Energi di Kantor Pusat                           Inisiatif Penghematan Energi di Pabrik
             Energy Saving Initiative at Head Office                            Energy Saving Initiatives at the Factory

› Mengganti lampu fluorescent dengan lampu LED yang lebih           › Menerapkan metode pemulihan panas (Heat Recovery Gas)
  hemat energi;                                                       dari mesin pembakaran Kiln ke mesin Spray Dryer maupun
› Menggunakan alat-alat elektronik berteknologi inverter              mesin Horizontal Dryer dan diteruskan;
  yang lebih hemat energi;                                          › Instalasi Solar Roof Panel dengan kapasitas 3,1 Megawatt;
› Mematikan alat-alat elektronik yang sudah tidak digunakan;        › Melakukan pengecekan kebocoran gas secara rutin;
› Pemutakhiran mesin pendingin atau pendingin ruangan               › Pemakaian alat pembakar (burner) yang sesuai;
  (AC) yang ramah lingkungan (non R-22);                            › Insulasi panas kiln;
› Kebijakan pemadaman listrik di luar jam kerja atau saat           › Pemantauan temperatur kiln;
  malam hari;                                                       › Pengaturan jam WBP (Waktu Beban Puncak);
› Mengoptimalkan pemanfaatan fasilitas teleconference/              › Peremajaan Skylight untuk mengoptimalkan pencahayaan
  video conference untuk pertemuan; dan                               alami; dan
› Melakukan kampanye gerakan penghematan energi.                    › Penggunaan inverter pada motor-motor produksi.
› Replacing fluorescent lights with energy efficient LED            › Applying the heat recovery gas method from the Kiln
  lights;                                                             combustion engine to the Spray Dryer and Horizontal Dryer
› Using inverter technology electronic devices which are              machines and continued;
  more energy efficient;                                            › Solar Roof Panel installation with a capacity of 3.1 Megawatts;
› Turning off electronic devices that are no longer in use;         › Checking gas leaks regularly;
› Updating cooling machines or air conditioners (AC) that are       › Use of appropriate burners;
  environmentally friendly (non-R-22);                              › Kiln heat insulation;
› Power outage policy outside working hours or at night;            › Kiln temperature monitoring;
› Optimizing the use of teleconference/video conference             › Setting peak load time (WBP) hours;
  facilities for meetings; and                                      › Skylight refurbishment to optimize natural lighting; and
› Conduct an energy-saving campaign.                                › Use of inverters in production motors.



Tabel berikut menyajikan tingkat konsumsi energi listrik,            The following table presents the levels of electricity, natural
gas, dan solar untuk kantor pusat serta seluruh pabrik KIA           gas, and diesel consumption for KIA’s headquarters and all of
selama 3 (tiga) tahun terakhir. Data ini memberikan gambaran         its factories over the past three years. This data provides an
penggunaan energi dalam operasional Perseroan dan menjadi            overview of energy usage in the Company’s operations and
dasar untuk memantau efektivitas inisiatif efisiensi energi          serves as a basis for monitoring the effectiveness of energy
serta upaya pengurangan jejak karbon.                                efficiency initiatives and efforts to reduce the carbon footprint.


Uraian                                                 Satuan
                                                                                           2025            2024            2023
Description                                            Unit

Energi Listrik dibeli dari PLN                         kWh                               28.404.468      30.937.385        31.234.411
Electricity Energy purchased from PLN
                                                       GJ                                    102.256          111.375         112.444

                                                       Ton CO2-eq                             24.712          26.916           27.174

Energi BBM                                             Liter                                 215.336         221.306         202.482
Fossil Fuel Energy
                                                       GJ                                      8.426           8.660            7.923

                                                       Ton CO2-eq                                 626             644            589

Energi Gas                                             MMBTU                                 961.595         945.014         993.667
Gas Energy
                                                       GJ                                  1.014.483         996.990        1.048.318

                                                       Ton CO2-eq                             51.070          50.190          52.774

Total Energi
                                                       GJ                                  1.125.165        1.117.024      1.170.827
Total Energy




              PT Keramika Indonesia Assosiasi Tbk
186           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 189
      Ikhtisar Kinerja | Performance Highlights    Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                     Analisis dan Diskusi Manajemen
     Laporan Manajemen | Management Report                                                          Laporan Keberlanjutan | Sustainability Report
                                                  Management Discussion and Analysis




    Uraian                                                Satuan
                                                                                                    2025               2024              2023
    Description                                           Unit

    Jumlah Pendapatan                                     Jutaan Rupiah                                611.942           591.934           562.621
    Total Revenue                                         Millions of Rupiah

    Intensitas energi                                     GJ/Jutaan Rupiah                                 1,84               1,89              2,08
    Energy Intensity                                      GJ/Millions of Rupiah


Intensitas Pemakaian Energi Listrik, Gas, dan                             Intensity of Electricity, Gas, and Diesel
Diesel (F.6)                                                              Consumption (F.6)

    Uraian                                                Satuan
                                                                                                    2025               2024              2023
    Description                                           Unit

    Energi Listrik                                        kWh/ton                                       154,42               171,5            166,11
    Electricity
                                                          GJ/ton                                         0,555             0,648              0,626

    Energi Gas                                            MMBTU/ton                                       5,23               5,24               5,32
    Gas Energy
                                                          GJ/ton                                           5,52              5,53               5,61

    Solar                                                 Liter                                       215.336            221.306           202.483
    Diesel Oil
                                                          GJ/ton                                         0,042             0,045              0,039

Perseroan secara berkala mengevaluasi upaya efisiensi dan                 The Company regularly evaluates its efficiency and energy
pengelolaan energi untuk memastikan perbaikan berkelanjutan               management efforts to ensure continuous improvement in
dalam pemakaian energi.                                                   energy consumption.


Penghematan Kertas                                                        Paper Saving
Perseroan menempatkan pengurangan penggunaan kertas                       The Company places the reduction of paper usage as part of
sebagai bagian dari komitmen keberlanjutan lingkungan.                    its environmental sustainability commitment. Paper is one of
Kertas merupakan salah satu penyumbang signifikan terhadap                the significant contributors to waste generation in landfills;
timbulan sampah di tempat pembuangan akhir, sehingga                      therefore, efficient paper usage management has a direct
pengelolaan penggunaannya secara efisien berdampak                        impact on reducing waste volume.
langsung pada pengurangan volume sampah.


Selain manfaat lingkungan dari sisi pengelolaan sampah,                   In addition to environmental benefits from a waste
industri pulp dan kertas memerlukan konsumsi energi dan air               management perspective, the pulp and paper industry requires
yang besar. Dengan menerapkan kebijakan paperless office,                 substantial energy and water consumption. By implementing
Perseroan secara tidak langsung turut menjaga ketersediaan                a paperless office policy, the Company indirectly contributes
hutan, mendukung kelestarian ekosistem air bersih, serta                  to preserving forest resources, supporting the sustainability
menurunkan jejak karbon. Pendekatan ini menegaskan                        of clean water ecosystems, and reducing its carbon footprint.
komitmen Perseroan untuk menjalankan kegiatan operasional                 This approach underscores the Company’s commitment to
yang berkelanjutan dan berdampak positif bagi lingkungan.                 conducting operations in a sustainable manner with a positive
                                                                          environmental impact.


Inisiatif pengurangan penggunaan kertas juga menjadi bagian               Paper saving initiatives also form part of the Company’s efforts
dari upaya mewujudkan green office. Perseroan meyakini bahwa              to establish a green office. The Company believes that small
langkah-langkah kecil yang dilakukan secara konsisten, seperti            but consistent actions, such as reducing paper usage, can
pengurangan kertas, dapat memberikan kontribusi nyata dalam               make a meaningful contribution to environmental preservation
menjaga lingkungan dan mencegah degradasi hutan, sehingga                 and help prevent forest degradation, ensuring a livable planet
bumi tetap layak huni bagi generasi mendatang.                            for future generations.


Berbagai langkah penghematan kertas telah diterapkan baik di              Various paper-saving initiatives have been implemented
lingkup bisnis maupun operasional, antara lain sebagai berikut:           across both business and operational activities, including the
                                                                          following:
›     Mengoptimalkan           digitalisasi dokumen    yang               › Optimizing document digitalization through the use of email
      penyebarluasannya mengandalkan email ataupun platform                   and other digital platforms for distribution;
      aplikasi digital lainnya;



                                                                                              PT Keramika Indonesia Assosiasi Tbk
                                                                                         2025 Annual Report & Sustainability Report             187
Page 190
›     Digitalisasi hardcopy menjadi softcopy dalam arsip                        ›   Converting hardcopy documents into softcopy for
      dokumentasi;                                                                  documentation and archiving purposes;
›     Memanfaatkan kembali kertas bekas yang masih dapat                        ›   Reusing paper that is still suitable for printing non-essential
      dipakai untuk mencetak dokumen non-esensial; dan                              documents; and
›     Menerapkan kebijakan penggunaan kertas bolak-balik atau                   ›   Implementing double-sided printing or the use of used
      used paper untuk keperluan administrasi kantor.                               paper for administrative purposes.


Tabel berikut menunjukkan tingkat konsumsi kertas di kantor                     The following table presents the level of paper consumption
pusat dan seluruh pabrik KIA selama tiga tahun terakhir:                        at the head office and all KIA plants over the past three years:


    Keterangan                                               Satuan
                                                                                             2025                2024                2023
    Description                                              Unit

    Penggunaan Kertas                                        Rim
                                                                                              341                 260                 462
    Paper Consumption                                        Reams
    (Sumber: data diambil dari area operasional pabrik & Head Office)
    (Source: Data collected from the factory’s operational areas and the Head Office)



Efisiensi Air Bersih [OJK F.8] [IDX E-04]                                       Clean Water Efficiency [OJK F.8] [IDX E-04]
Perseroan memandang air sebagai salah satu sumber daya                          The Company views water as one of the primary resources
utama yang mendukung seluruh aktivitas operasional dan                          supporting all of its operational and supporting activities.
pendukung perusahaan. Untuk itu, pengelolaan air dilakukan                      Therefore, water management is conducted efficiently with
secara efisien dengan fokus pada upaya konservasi dan                           a focus on conservation efforts and reducing environmental
pengurangan dampak lingkungan. Air yang digunakan                               impact. The water used by the Company is sourced from
Perseroan bersumber dari PDAM, pengelola Kawasan Industri                       Regional Water Supply Company (PDAM), the operator of the
Suryacipta Swadaya, serta hasil olahan dari sistem Pengolahan                   Suryacipta Swadaya Industrial Estate, as well as treated water
Air Limbah (WWTP) perusahaan.                                                   from the Company’s Wastewater Treatment Plant (WWTP).


Kebutuhan air yang besar terutama muncul dari proses                            Significant water demand arises primarily from the ceramic
produksi keramik, sehingga ketersediaan air bersih menjadi                      production process, making the availability of clean water a
faktor kritis. Perubahan iklim yang menyebabkan kekeringan                      critical factor. Climate change, which causes droughts and
dan penurunan cadangan air tanah menambah tantangan                             a decline in groundwater reserves, adds to the challenges in
dalam pemenuhan kebutuhan ini.                                                  meeting this demand.


Sebagai respons, Perseroan melaksanakan berbagai program                        In response, the Company implements various water efficiency
efisiensi air, termasuk edukasi kepada seluruh karyawan untuk                   programs, including educating all employees on the wise use
memanfaatkan air secara bijak, serta penerapan teknologi                        of water, as well as adopting technologies and work practices
dan praktik kerja yang mengurangi penggunaan air. Langkah-                      that reduce water consumption. These measures are designed
langkah ini dirancang untuk mendukung keberlanjutan sumber                      to support the sustainability of water resources while ensuring
daya air sekaligus menjaga operasional perusahaan tetap                         the company’s operations continue to run optimally.
berjalan optimal.


Berikut adalah sejumlah inisiatif pengelolaan dan efisiensi air                 The following are several water management and efficiency
yang telah diterapkan di Perseroan:                                             initiatives that have been implemented at the Company:
› Menggunakan air hasil pengolahan sisa proses produksi                         › Using treated water from the production process (recycled)
   (recycle) di Waste Water Treatment unit untuk digunakan                          in the Wastewater Treatment Unit for reuse in the Body
   kembali di Body Preparation Unit dan beberapa area lain;                         Preparation Unit and several other areas;
› Melakukan pengecekan instalasi air secara berkala untuk                       › Conducting regular inspections of water systems to detect
   mendeteksi kebocoran pipa atau saluran;                                          leaks in pipes or lines;
› Edukasi penghematan air;                                                      › Water conservation education;
› Monitoring penggunaan air di gedung kantor pusat;                             › Monitoring water usage at the headquarters building;
› Melakukan perbaikan dan penggantian instalasi air yang                        › Repairing and replacing leaking water systems.
   bocor.


Tabel berikut menyajikan rincian penggunaan air di kantor dan                   The following table presents a breakdown of water usage at
seluruh pabrik KIA, diklasifikasikan berdasarkan sumbernya:                     the office and all KIA plants, classified by source:



                  PT Keramika Indonesia Assosiasi Tbk
188               Laporan Tahunan & Laporan Keberlanjutan 2025
Page 191
   Ikhtisar Kinerja | Performance Highlights            Profil Perusahaan | Company Profile             Tata Kelola Perusahaan | Corporate Governance
                                                         Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                                  Laporan Keberlanjutan | Sustainability Report
                                                      Management Discussion and Analysis




Sumber Air                                                Satuan
                                                                                               2025                  2024                   2023
Water Source                                              Unit

Air dipasok oleh pihak ketiga (PDAM)
                                                                    m3/ton                     0,936                 0,842                  0,824
Water supplied by third party (PDAM)
(Sumber: data diambil dari area operasional pabrik)
(Source: data collected from the factory’s operational area)


Pada tahun 2025, terjadi peningkatan penggunaan air yang                       In 2025, there was an increase in water consumption driven by
disebabkan oleh perubahan formulasi pada section body                          a change in formulation within the Floor Tile Karawang Plant
preparation Floor Tile Karawang (FTK) plant. Pada tahun 2024,                  (FTK) body preparation section. In 2024, the body preparation
proses pada body preparation masih memanfaatkan air limbah                     process still utilized wastewater generated from the glazing
hasil dari glazing line. Namun, pada tahun 2025 terdapat                       line. However, in 2025, a process adjustment was implemented
perubahan proses, dimana seluruh kebutuhan air pada body                       whereby all water requirements for body preparation were
preparation beralih menjadi sepenuhnya menggunakan air bersih.                 fully shifted to the use of clean water.


Efisiensi Emisi Gas Rumah Kaca [OJK F.12] [IDX E-07]                           Greenhouse Gas Emission Efficiency [OJK F.12] [IDX E-07]
Proses produksi dan pembakaran keramik di seluruh pabrik KIA                   Ceramic production and firing processes across all KIA plants
membutuhkan konsumsi energi listrik dan gas yang signifikan,                   require significant consumption of electricity and gas, thereby
sehingga berpotensi meningkatkan konsentrasi Gas Rumah                         potentially increasing the concentration of Greenhouse Gases
Kaca (GRK) di atmosfer. Emisi yang dihasilkan, terutama karbon                 (GHGs) in the atmosphere. The resulting emissions, primarily
dioksida (CO2), berkontribusi pada pemanasan global yang                       carbon dioxide (CO2), contribute to global warming, which
berdampak pada lingkungan, kesehatan manusia, dan ekonomi.                     impacts the environment, human health, and the economy.


Untuk mengurangi dampak tersebut, Perseroan menerapkan                         To mitigate these impacts, the Company implements various
berbagai langkah efisiensi energi dan mitigasi emisi, antara lain:             energy efficiency and emission mitigation measures, including:
1. Pemanfaatan teknologi Heat Recovery Gas dari proses                         1. Utilization of Heat Recovery Gas technology from the
   pembakaran di mesin Kiln untuk mesin Spray Dryer dan                           combustion process in Kiln machines for Spray Dryer and
   Horizontal Dryer, yang terbukti menurunkan jejak GRK;                          Horizontal Dryer machines, which has been proven to
                                                                                  reduce the GHG footprint;
2. Optimalisasi proses produksi untuk menekan kebutuhan                        2. Optimization of production processes to reduce energy
   energi; dan                                                                    requirements; and
3. Inovasi dan pembaruan teknologi ramah lingkungan secara                     3. Continuous innovation and updates in environmentally
   berkelanjutan.                                                                 friendly technologies.


Tabel berikut menunjukkan perhitungan emisi dan intensitas                     The following table shows the emissions and energy intensity
energi di ketiga pabrik KIA selama tiga tahun terakhir:                        calculations for the three KIA plants over the past three years:


Emisi yang Dihasilkan [OJK F.11] [IDX E-01, E-02]                              Emissions Generated [OJK F.11] [IDX E-01, E-02]


Sumber                                         Satuan
                                                                                                   2025                 2024                 2023
Source                                         Unit

Emisi GRK (scope 1 )                           Ton CO2-eq                                             51.697             50.833                53.363
GHG Emissions (Scope 1)

Emisi GRK (scope 2)                            Ton CO2-eq                                              24.712             26.916                27.174
GHG Emissions (Scope 2)

(Cakupan 3) tidak langsung lainnya             Ton CO2-eq                                                    -                   -                       -
(Scope 3) Other Indirect Emissions

Total Emisi                                    Ton CO2-eq                                            76.409               77.749               80.537
Total Emissions

Jumlah pendapatan                              Jutaan Rupiah                                        611.942             591.934               562.621
Revenue                                        Millions of Rupiah

Intensitas Emisi GRK/ton                       Ton CO2-eq/Jutaan Rupiah                                  0,12                0,13                 0,14
GHG Emissions Intensity/ton                    Tons of CO2-eq/Million Rupiah
*Terdapat penyesuaian kembali terkait perhitungan intensitas emisi.
*There have been further adjustments to the calculation of emission intensity.



                                                                                                   PT Keramika Indonesia Assosiasi Tbk
                                                                                              2025 Annual Report & Sustainability Report             189
Page 192
Pada tahun 2025, Perseroan berhasil menurunkan total                  By 2025, the Company successfully reduced its total emissions
intensitas emisi dari 0,13 ton CO2-eq per ton menjadi 0.12 ton        intensity from 0.13 tCO2e per ton to 0.12 tCO2eq per ton of
CO2-eq per ton produk yang dihasilkan.                                product produced.


Pengukuran Kualitas Udara dan Pengendalian                            Air Quality Monitoring and Noise Control
Kebisingan

Memastikan Udara yang Bersih dan Sehat di Area                        Ensuring Clean and Healthy Air in the Factory Area
Pabrik
Sebagai perusahaan manufaktur keramik, operasional                    As a ceramic manufacturing company, the Company’s
Perseroan berpotensi menimbulkan dampak lingkungan,                   operations have the potential to cause environmental impacts,
termasuk emisi gas buang, debu, limbah, dan efluen yang               including exhaust emissions, dust, waste, and effluents that
dapat memengaruhi kualitas udara serta kesehatan pekerja.             can affect air quality and worker health. An unhealthy work
Lingkungan kerja yang tidak sehat berisiko menurunkan                 environment risks reducing employee productivity and safety.
produktivitas dan keselamatan karyawan.


Untuk mengelola risiko tersebut, Perseroan mengintegrasikan           To manage these risks, the Company integrates environmental
pengelolaan lingkungan ke dalam seluruh kegiatan operasional,         management into all operational activities, carried out through
yang dilaksanakan melalui pemantauan dan evaluasi kondisi             monitoring and evaluation of workplace environmental
lingkungan kerja guna memastikan kepatuhan terhadap                   conditions to ensure compliance with applicable laws and
peraturan perundang-undangan yang berlaku.                            regulations.


Sepanjang tahun 2025, pengujian dan pengukuran kualitas               Throughout 2025, ambient air quality testing and
udara ambien dilakukan di semua pabrik KIA. Parameter                 measurements were conducted at all KIA plants. The
yang diukur meliputi Sulfur Dioksida (SO2), Nitrogen Oksida           parameters measured included Sulfur Dioxide (SO2), Nitrogen
(NOx), Partikulat, serta indikator pendukung seperti Opasitas,        Oxides (NOx), Particulates, as well as supporting indicators
Velocity, dan kadar Oksigen. Hasil pengukuran menunjukkan             such as Opacity, Velocity, and Oxygen levels. The measurement
seluruh parameter telah memenuhi ambang batas yang                    results showed that all parameters met the thresholds set forth
ditetapkan dalam Peraturan Permen LHK No. 17 Tahun 2008               in Ministry of Environment and Forestry Regulation No. 17 of
tentang Baku Mutu Emisi Sumber Tidak Bergerak Bagi Usaha              2008 on Emission Quality Standards for Stationary Sources for
dan/atau Kegiatan Industri Keramik.                                   Ceramic Industry Businesses and/or Activities.


Tabel berikut menampilkan hasil pemantauan kualitas udara             The following table shows the results of ambient air quality
ambien di ketiga pabrik KIA pada tahun 2025, dengan pengujian         monitoring at the three KIA plants in 2025, with testing
dilakukan oleh laboratorium PT ITEC Solution Indonesia:               conducted by the laboratory of PT ITEC Solution Indonesia:


Pabrik Karawang
Karawang Factory

                          Ambang Batas        Satuan         Cerobong Input Kiln Cerobong Spray Dryer            Keterangan
      Parameter
                           Threshold           Unit           Kiln Input Chimney Spray Dryer Chimney             Description

Sulfur Dioxide (SO2)          400               mg/Nm3              2,53                  2,53            Memenuhi Ambang Batas
                                                                                                          Meets the Threshold

Nitrogen Dioxide (NO2)        600               mg/Nm3              41,22                 86,20           Memenuhi Ambang Batas
                                                                                                          Meets the Threshold

Velocity                      -                 m/s                 0,405                 10,07           Memenuhi Ambang Batas
                                                                                                          Meets the Threshold

Oxygen (O2)                   -                 mg/Nm3              11,77                 9,78            Memenuhi Ambang Batas
                                                                                                          Meets the Threshold

Particulate                   150               mg/Nm3              29,80                 28,85           Memenuhi Ambang Batas
                                                                                                          Meets the Threshold

Opacity                       20                %                   < 20                  < 20            Memenuhi Ambang Batas
                                                                                                          Meets the Threshold




              PT Keramika Indonesia Assosiasi Tbk
190           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 193
   Ikhtisar Kinerja | Performance Highlights          Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                        Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                                Laporan Keberlanjutan | Sustainability Report
                                                     Management Discussion and Analysis




Pabrik Cileungsi
Cileungsi Factory


                                 Ambang Batas                Satuan                    Cerobong Input Kiln                     Keterangan
      Parameter
                                  Threshold                   Unit                      Kiln Input Chimney                     Description

Sulfur Dioxide (SO2)         400                 mg/Nm3                         < 2,53                              Memenuhi Ambang Batas
                                                                                                                    Meets the Threshold

Nitrogen Dioxide (NO2)       600                 mg/Nm3                         20,33                               Memenuhi Ambang Batas
                                                                                                                    Meets the Threshold

Velocity                     -                   m/s                            11,72                               Memenuhi Ambang Batas
                                                                                                                    Meets the Threshold

Oxygen (O2)                  -                   mg/Nm3                         9,83                                Memenuhi Ambang Batas
                                                                                                                    Meets the Threshold

Particulate                  150                 mg/Nm3                         21,14                               Memenuhi Ambang Batas
                                                                                                                    Meets the Threshold

Opacity                      20                  %                              <20                                 Memenuhi Ambang Batas
                                                                                                                    Meets the Threshold


Pabrik Gresik
Gresik Plant

                                      Ambang Batas            Satuan                Cerobong Input Kiln                        Keterangan
        Parameter
                                       Threshold               Unit                  Kiln Input Chimney                        Description

Sulfur Dioxide (SO2)              400                  mg/Nm3                   <2,53                               Memenuhi Ambang Batas
                                                                                                                    Meets the Threshold

Nitrogen Dioxide (NO2)            600                  mg/Nm3                   34,78                               Memenuhi Ambang Batas
                                                                                                                    Meets the Threshold

Velocity                          -                    m/s                      1,9182                              Memenuhi Ambang Batas
                                                                                                                    Meets the Threshold

Oxygen (O2)                       -                    mg/Nm3                   11,2                                Memenuhi Ambang Batas
                                                                                                                    Meets the Threshold

Particulate                       150                  mg/Nm3                   0,2026                              Memenuhi Ambang Batas
                                                                                                                    Meets the Threshold

Opacity                           20                   %                        < 20                                Memenuhi Ambang Batas
                                                                                                                    Meets the Threshold


Perseroan berkomitmen untuk terus melaksanakan berbagai                      The Company is committed to continuing to implement various
inisiatif dalam rangka mengurangi pencemaran udara di area                   initiatives aimed at reducing air pollution in the factory area,
pabrik, termasuk emisi gas konvensional maupun gas rumah                     including emissions of conventional gases and greenhouse
kaca.                                                                        gases.


Pengendalian Kebisingan                                                      Noise Control
Kegiatan industri modern, termasuk operasional pabrik                        Modern industrial activities, including ceramic factory
keramik, menghasilkan kebisingan dari berbagai sumber,                       operations, generate noise from various sources, such as
seperti mesin produksi, genset, turbin, valve, dan jaringan                  production machinery, generators, turbines, valves, and piping
pipa. Kebisingan ini memiliki potensi dampak negatif terhadap                systems. This noise has the potential to negatively impact the
lingkungan dan kesehatan manusia, termasuk gangguan                          environment and human health, including hearing loss, stress,
pendengaran, stres, insomnia, penurunan produktivitas, hingga                insomnia, reduced productivity, and even cardiovascular health
risiko kesehatan jantung.                                                    risks.


Untuk mengendalikan kebisingan, Perseroan telah menerapkan                   To control noise, the Company has implemented several
sejumlah langkah mitigasi, antara lain pembatasan jam                        mitigation measures, including restricting operating hours for



                                                                                                 PT Keramika Indonesia Assosiasi Tbk
                                                                                            2025 Annual Report & Sustainability Report                 191
Page 194
operasional alat berat dan penanaman pohon bambu sebagai          heavy machinery and planting bamboo trees as a green barrier
green barrier untuk mereduksi paparan suara. Perseroan            to reduce sound exposure. The Company ensures that noise
memastikan bahwa tingkat kebisingan di seluruh area pabrik        levels throughout all KIA plant areas comply with the noise and
KIA sesuai dengan standar kebisingan dan getaran yang             vibration standards set by applicable regulations.
ditetapkan peraturan yang berlaku.


Tabel berikut menyajikan hasil analisis tingkat kebisingan di     The following table presents the results of noise level analyses
semua pabrik KIA, yang dilakukan oleh laboratorium PT ITEC        at all KIA plants, conducted by the laboratory of PT ITEC
Solution Indonesia:                                               Solution Indonesia:

               Satuan       Baku Mutu          Pabrik Karawang    Pabrik Cileungsi Pabrik Gresik              Keterangan
 Parameter
                Unit      Quality Standard     Karawang Factory   Cileungsi Factory Gresik Factory            Description

 Kebisingan                                                                                            Memenuhi Ambang Batas
                 dbA             70                   69,4              53,7              56,3
   Noise                                                                                                 Meets the Threshold


Penanganan Limbah B3 dan Non-B3 [OJK F.13] [OJK F.14]             Management of Hazardous and Non-Hazardous
                                                                  Waste [OJK F.13] [OJK F.14]
Untuk     menjaga      kelestarian    lingkungan, Perseroan       To preserve the environment, the Company considers waste
menempatkan pengendalian limbah sebagai bagian penting            management a critical component of its operations. Each of
dari operasionalnya. Setiap fasilitas produksi KIA, dalam         KIA’s production facilities generates various types of waste
proses pembuatan keramik, menghasilkan berbagai jenis             and effluents during the ceramic manufacturing process that
limbah dan efluen yang memiliki potensi menimbulkan dampak        have the potential to cause environmental impacts. Overall,
lingkungan. Secara keseluruhan, terdapat tiga kelompok            there are three main categories of waste generated by factory
limbah utama yang muncul dari kegiatan pabrik, yaitu limbah       operations: solid waste, liquid waste, and gaseous waste.
padat, limbah cair, serta limbah gas.


Limbah padat terutama muncul dari tahapan ceramic body            Solid waste primarily arises from the ceramic body grinding
grinding, penggunaan filter magnet, proses spray drying,          stage, the use of magnetic filters, the spray drying process,
kegiatan cetak press, serta pemotongan ubin keramik.              press molding activities, and the cutting of ceramic tiles.
Sementara itu, limbah cair berasal dari air buangan yang          Meanwhile, liquid waste originates from wastewater used to
digunakan untuk mencuci peralatan dan dari proses-proses di       wash equipment and from processes in body preparation and
body preparation serta glaze preparation. Adapun limbah yang      glaze preparation. Waste generated from canteen operations,
timbul dari aktivitas kantin, kegiatan supporting (maintenance,   support activities (maintenance, R&D, warehousing), and
R&D, gudang), dan alur produksi tertentu juga menyumbang          specific production lines also contributes to other types of non-
jenis limbah lain yang tidak bersifat cair.                       liquid waste.


Dari keseluruhan sumber tersebut, limbah Perseroan terbagi        From all these sources, the Company’s waste is classified into
menjadi limbah yang mengandung bahan berbahaya dan                hazardous and non-hazardous waste. In managing hazardous
beracun (B3) dan limbah yang tidak tergolong B3. Untuk            waste, the Company complies with the applicable regulations,
pengelolaan limbah B3, Perseroan mematuhi ketentuan yang          including Government Regulation No. 22 of 2021 on the
berlaku, antara lain Peraturan Pemerintah No. 22 Tahun 2021       Implementation of Environmental Protection and Management,
tentang Penyelenggaraan Perlindungan dan Pengelolaan              Minister of Environment and Forestry Regulation No. 6 of
Lingkungan Hidup, Permen LHK No. 6 tahun 2021 tentang Tata        2021 on Procedures and Requirements for the Management
Cara dan Persyaratan Pengelolaan Limbah Bahan Berbahaya           of Hazardous and Toxic Waste, and Minister of Environment
dan Beracun, serta Permen LHK No. 19 tahun 2021 tentang Tata      and Forestry Regulation No. 19 of 2021 on Procedures for the
Cara Pengelolaan Limbah Non-Bahan Berbahaya dan Beracun.          Management of Non-Hazardous Waste.


Pengelolaan limbah B3 dilakukan secara terencana dan              The management of hazardous waste is carried out in a planned
konsisten, mulai dari penampungan di Tempat Penampungan           and consistent manner, starting from storage at licensed
Sementara (TPS) berizin hingga proses pengangkutan dan            Temporary Storage Facilities through to transportation and
pemrosesan oleh pihak ketiga yang telah tersertifikasi            treatment by certified third parties holding permits from
serta memiliki izin dari Kementerian Lingkungan Hidup dan         the Ministry of Environment and Forestry. All transportation
Kehutanan. Seluruh tahapan transportasi maupun pengolahan         and treatment processes are conducted in compliance
dijalankan sesuai regulasi yang diterbitkan oleh instansi         with applicable regulations issued by relevant government
pemerintah terkait, termasuk Kementerian Lingkungan Hidup,        authorities, including the Ministry of Environment, the Ministry
Kementerian Perindustrian, dan Badan Pengendalian Dampak          of Industry, and the Environmental Impact Management
Lingkungan.                                                       Agency.


              PT Keramika Indonesia Assosiasi Tbk
192           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 195
   Ikhtisar Kinerja | Performance Highlights         Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                       Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                               Laporan Keberlanjutan | Sustainability Report
                                                    Management Discussion and Analysis




Untuk limbah Non-B3, pendekatan yang digunakan                              For non-hazardous waste, the Company adopts the 3R
adalah konsep 3R (Reuse, Reduce, Recycle). Perseroan                        (Reduce, Reuse, Recycle) approach. The Company optimizes
mendayagunakan kembali limbah Non-B3 dengan menjual                         the utilization of non-hazardous waste by selling certain
sebagian material kepada mitra pihak ketiga. Selain itu, limbah             materials to third-party partners. In addition, waste materials
material dan produk reject dari proses produksi berupaya                    and rejected products from the production process are
dimasukkan kembali ke siklus produksi, sehingga dapat                       reintegrated into the production cycle, allowing them to be
diproses ulang menjadi produk baru setelah melalui tahap                    reprocessed into new products following reuse or recycling
reuse atau recycle. Penerapan prinsip 3R tersebut menjadi                   stages. The implementation of the 3R principles serves as the
strategi Perseroan dalam menekan jumlah limbah hingga                       Company’s strategy to minimize waste generation and progress
menuju kondisi zero waste to landfill.                                      toward a zero waste to landfill condition.

Selaras dengan Kebijakan K3L Perseroan, seluruh pabrik KIA                  In alignment with the Company’s HSE (Health, Safety, and
mengikuti alur penanganan yang sama untuk pembuangan                        Environment) Policy, all KIA plants follow a standardized waste
limbah B3 maupun Non-B3 yang bersumber dari TPS di                          management flow for both hazardous and non-hazardous
masing-masing area operasional sebagai berikut:                             waste originating from Temporary Storage Facilities across
                                                                            each operational area, as outlined below:

                                                 Identifikasi Jenis Limbah dan Sampah
                                               Identification of Waste and Garbage Types



                                                    Meminimalisasi Sampah Limbah
                                                     Waste and Garbage Minimization



                                 No                                                                         Yes
                                                              Limbah B3 dan                      Pelabelan Simbol B3 dan Medis
                                                                 Medis?                    Hazardous and Medical Waste Symbol Labeling
                                                              Hazardous and
                                                              Medical Waste?


         Simpan di TPS (Waste Building) Sampah                                                 Simpan di TPS (Waste Building)
        Organik, Anorganik & Limbah Daur Ulang                                                       Limbah B3 dan Medis
         Store in Waste Building (TPS) for Organic,                                        Store in Hazardous and Medical Waste Site
                Inorganic & Recycled Waste                                                              (Waste Building)




                                                                                             Membuang Limbah Melalui Pihak Ketiga
              Membuang Limbah & Sampah
                                                                                                    Berijin dari Dishub dan KLH
                 Melalui Pihak Ketiga
                                                                                              Disposing of waste through third parties
               Waste & Garbage Disposal
                                                                                            licensed by the Transportation Department
                  through Third Party
                                                                                                    and Ministry of Environment



                                                   Limbah dan Sampah Keluar Pabrik
                                                     Waste & Garbage Out of Factory

Data berikut memuat jumlah keseluruhan timbulan limbah                      The following data shows the total amount of waste generated
yang dihasilkan seluruh pabrik KIA sepanjang tahun 2025 [IDX                by all KIA plants throughout 2025 [IDX E-05]:
E-05]:



     Jenis Limbah                               Jenis Limbah                         Satuan
                                                                                                       2025              2024               2023
      Waste Type                               Waste Example                          Unit

Limbah B3                     Oli bekas, drum oli, kemasan ex. tinta, use rag,         Kg                  5.340             10.990            34.180
Hazardous Waste               limbah terkontaminasi B3
                              Used oil, oil drums, ex. ink packaging, use rags,
                              hazardous contaminated waste




                                                                                                PT Keramika Indonesia Assosiasi Tbk
                                                                                           2025 Annual Report & Sustainability Report             193
Page 196
      Jenis Limbah                             Jenis Limbah                     Satuan
                                                                                              2025           2024           2023
       Waste Type                             Waste Example                      Unit

Limbah Non-B3               Karton, tali, karung, besi bekas, kayu ex. repair     Kg            70.520          83.060        156.358
Non-Hazardous Waste         pallet
                            Carton, rope, sack, scrap metal, ex. repair
                            pallet

Limbah yang Dibuang         Sampah organik & anorganik                            Kg            207.140        227.000        220.266
Disposed Waste              Organic & inorganic waste

Limbah yang Didaur          Keramik reject, lumpur IPAL, debu dust                Kg        30.997.572      27.180.125     31.574.373
ulang                       collector
Recycled Waste              Reject ceramics, WWTP sludge, dust from
                            dust collector

Total Limbah
                                                                                  Kg        31.280.572      27.501.175    31.985.177
Total Waste
(Sumber: data diambil dari area operasional pabrik)
(Source: data collected from the factory’s operational area)


Berkat berbagai langkah perbaikan yang dijalankan dalam                  Through various improvement initiatives implemented in
proses operasional pabrik, Perseroan mencatat pengurangan                its plant operations, the Company recorded a reduction in
limbah padat B3 sebanyak 5,6 ton atau 51% dan non-B3                     hazardous solid waste of 5.6 tons (51%) and non-hazardous
sebanyak 12,5 ton, atau 15,1% lebih rendah dibandingkan                  solid waste of 12.5 tons (15.1%) compared to the previous
dengan tahun lalu. Untuk limbah yang didaur ulang atau                   year. Meanwhile, the volume of waste recycled or reused as a
limbah yang digunakan kembali sebagai substitusi bahan baku              substitute for raw materials increased by 3,817 tons, or 14%
Perseroan mencatat penambahan sebanyak 3.817 ton atau                    year-on-year.
14% lebih banyak dari tahun lalu.


Pengelolaan Limbah Cair atau Efluen [OJK F.13] [OJK F.14]                Wastewater or Effluent Management [OJK F.13] [OJK F.14]
Kegiatan operasional di seluruh pabrik KIA tidak hanya                   Operational activities across all KIA plants generate not only
menimbulkan limbah padat, tetapi juga menghasilkan limbah                solid waste but also liquid waste (effluent), originating from
cair—baik yang berasal dari proses industri maupun aktivitas             both industrial processes and domestic activities, comprising
domestik—yang mencakup kategori B3 dan Non-B3. Untuk                     hazardous and non-hazardous categories. To ensure that all
memastikan bahwa seluruh efluen memenuhi standar kualitas                effluent meets environmental quality standards, the Company
lingkungan, Perseroan mengolah limbah cair tersebut melalui              treats wastewater through on-site Wastewater Treatment
Instalasi Pengolahan Air Limbah (IPAL) yang tersedia di area             Plants (WWTP) prior to discharge to the industrial estate’s
pabrik sebelum air buangan dialirkan menuju IPAL kawasan                 central treatment facilities.
industri.


Perseroan menerapkan pengelolaan limbah cair secara                      The Company implements comprehensive and effective
komprehensif dan efektif, dengan tetap berpegang pada                    wastewater management practices in full compliance with
ketentuan regulasi yang berlaku. Dalam menangani limbah                  applicable regulatory requirements. For industrial wastewater,
cair industri, metode pengolahan yang digunakan meliputi                 treatment methods include biological (aerobic) and chemical
proses biologis (aerob) serta proses kimia, sejalan dengan               processes, in accordance with Minister of Environment
Peraturan Menteri Lingkungan Hidup No. 16 Tahun 2019                     Regulation No. 16 of 2019 on Wastewater Quality Standards,
mengenai Baku Mutu Air Limbah, Peraturan Menteri                         Minister of Environment Regulation No. 68 of 2016 on Domestic
Lingkungan Hidup No. 68 Tahun 2016 terkait Baku Mutu Air                 Wastewater Quality Standards, and Government Regulation No.
Limbah Domestik, serta Peraturan Pemerintah No. 22 Tahun                 22 of 2021 on the Implementation of Environmental Protection
2021 tentang Penyelenggaraan Perlindungan dan Pengelolaan                and Management. For domestic wastewater, the Company
Lingkungan Hidup. Untuk limbah cair domestik, Perseroan                  operates a Sewage Treatment Plant (STP) as its treatment
telah mengoperasikan Sewage Treatment Plant (STP) sebagai                facility.
fasilitas pengolahannya.


Pengawasan kualitas air limbah dilakukan secara berkala,                 Wastewater quality is monitored regularly, alongside the
termasuk penerapan berbagai langkah pengendalian untuk                   implementation of various control measures to prevent water
mencegah terjadinya pencemaran air. Di bawah ini disajikan               pollution. The following presents a report on the quality of
laporan kualitas air limbah yang dihasilkan dari aktivitas               wastewater generated from ceramic manufacturing activities
manufaktur keramik di seluruh pabrik KIA:                                across all KIA plants:



              PT Keramika Indonesia Assosiasi Tbk
194           Laporan Tahunan & Laporan Keberlanjutan 2025
Page 197
       Ikhtisar Kinerja | Performance Highlights           Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                             Analisis dan Diskusi Manajemen
  Laporan Manajemen | Management Report                                                                       Laporan Keberlanjutan | Sustainability Report
                                                          Management Discussion and Analysis




                                                                                  Pabrik
   Parameter             Satuan           Baku Mutu                               Factory                                          Keterangan
                          Unit          Quality Standard                                                                           Description
                                                                Cileungsi         Gresik           Karawang

          pH               mg/L                    6 -9            7,42             7,54               6,71          Memenuhi Baku Mutu
                                                                                                                     Meets the Quality Standard

         BOD               mg/L                    50              11,15           6,30               14,36          Memenuhi Baku Mutu
                                                                                                                     Meets the Quality Standard

         COD               mg/L                    100            36,80            20,80              45,23          Memenuhi Baku Mutu
                                                                                                                     Meets the Quality Standard

          TSS              mg/L                    100              4                4                  14           Memenuhi Baku Mutu
                                                                                                                     Meets the Quality Standard

          Cd               mg/L                    0,1           <0,040               -              <0,010          Memenuhi Baku Mutu
                                                                                                                     Meets the Quality Standard

           Co              mg/L                    0,6            <0,10               -              <0,040          Memenuhi Baku Mutu
                                                                                                                     Meets the Quality Standard

           Cr              mg/L                     1             <0,10               -              <0,080          Memenuhi Baku Mutu
                                                                                                                     Meets the Quality Standard

           Pb              mg/L                     1             <0,10               -              <0,060          Memenuhi Baku Mutu
                                                                                                                     Meets the Quality Standard

Dari hasil pengukuran yang tercantum di dalam tabel, terlihat                     The measurement results listed in the table show that
bahwa limbah cair yang berasal dari aktivitas produksi                            liquid waste generated from production activities meets
telah memenuhi persyaratan baku mutu pemerintah. Hal ini                          government quality standards. This ensures that air emissions
memastikan bahwa emisi udara dan limbah cair yang dilepas                         and discharged liquid waste remain safe for the surrounding
tetap aman bagi lingkungan sekitar serta ekosistem yang                           environment and affected ecosystems.
terdampak.

Informasi Kegiatan dan Dampak dari Wilayah                                        Information on Activities and Impacts in Operational
Operasional yang Dekat atau Berada di Daerah                                      Areas Adjacent to Located Within, or Characterized by
Konservasi atau Memiliki Keanekaragaman Hayati [OJK                               Biodiversity [OJK F.9]
F.9]
Selama tahun 2025, hasil pemantauan menunjukkan                                   Throughout 2025, monitoring results indicated that KIA’s
bahwa kegiatan operasional pabrik KIA tidak menimbulkan                           operational activities did not cause any direct negative
dampak negatif langsung terhadap fungsi ekologis maupun                           impacts on ecological functions or biodiversity. This was
keanekaragaman hayati. Hal ini dikarenakan seluruh fasilitas                      primarily because all operational facilities, including the head
operasional, termasuk kantor pusat, tidak berlokasi di dalam                      office, were not located within or in proximity to biodiversity
atau di sekitar kawasan konservasi keanekaragaman hayati.                         conservation areas.


Usaha Konservasi Keanekaragaman Hayati [OJK F.10]                                 Biodiversity Conservation Initiatives [OJK F.10]
Pada tahun 2025, Perseroan belum mengimplementasikan                              In 2025, the Company had not yet implemented Corporate
program TJSL yang secara khusus berfokus pada aspek                               Social and Environmental Responsibility programs specifically
lingkungan hidup, khususnya pengembangan budidaya                                 focused on environmental aspects, particularly the cultivation
flora dan fauna yang termasuk dalam daftar Convention on                          of flora and fauna listed under the Convention on International
International Trade in Endangered Species of Wild Fauna and                       Trade in Endangered Species of Wild Fauna and Flora (CITES).
Flora (CITES). Meskipun demikian, komitmen Perseroan                              Nevertheless, the Company’s commitment to environmental
terhadap pelestarian lingkungan tetap diwujudkan melalui                          preservation continues to be demonstrated through relevant
berbagai inisiatif yang relevan. Salah satu contoh nyata adalah                   initiatives. One such example is the tree-planting activities
kegiatan penanaman pohon yang telah dilaksanakan pada                             carried out in the previous year as part of efforts to support
tahun sebelumnya sebagai bentuk dukungan terhadap upaya                           greening initiatives within office and plant areas.
penghijauan di area kantor dan pabrik.

Tumpahan yang Terjadi [OJK F.15]                                                  Spill Incidents [OJK F.15]
Selama periode pelaporan tahun 2025, tidak terdapat                               During the 2025 reporting period, there were no spill or leakage
insiden tumpahan atau kebocoran limbah di area operasional                        incidents within the Company’s operational areas. Preventive



                                                                                                      PT Keramika Indonesia Assosiasi Tbk
                                                                                                 2025 Annual Report & Sustainability Report               195
Page 198
Perseroan. Upaya pencegahan terus dilakukan sesuai prosedur         measures continue to be implemented in accordance with
yang ada. Perseroan memahami bahwa tumpahan limbah dapat            established procedures. The Company recognizes that waste
memberikan dampak merugikan terhadap kualitas tanah, air,           spills may have adverse impacts on soil, water, and air quality,
maupun udara, serta dapat memengaruhi keanekaragaman                as well as on biodiversity and the health of surrounding
hayati dan kesehatan masyarakat setempat. Apabila suatu             communities. In the event of any spill incident, the Company
waktu terjadi insiden tumpahan, Perseroan berkomitmen untuk         is committed to responding promptly and effectively to
memberikan respons cepat dan tepat guna menekan potensi             minimize potential negative impacts and restore environmental
dampak negatif dan memulihkan kondisi lingkungan.                   conditions.


Pengaduan Terkait Lingkungan Hidup [OJK F.16]                       Environmental Complaints [OJK F.16]
Masyarakat memiliki akses untuk menyampaikan pengaduan              The public is provided with access to submit complaints related
mengenai isu lingkungan hidup melalui saluran komunikasi            to environmental issues through the following communication
berikut:                                                            channel:




                                             Environmental Complaints    0267-440401


Sepanjang tahun 2025, Perseroan tidak menerima pengaduan            Throughout 2025, the Company did not receive any complaints
terkait dampak lingkungan maupun sanksi atas dugaan                 related to environmental impacts, nor were there any sanctions
pelanggaran peraturan atau perundang-undangan di bidang             imposed for alleged violations of environmental laws and
lingkungan hidup.                                                   regulations.


Sertifikasi Bidang Lingkungan Hidup                                 Environmental Certification
1.   ISO 14001: 2015                                                1.   ISO 14001: 2015
2.   ISO 9001:2015                                                  2.   ISO 9001:2015
3.   PROPER                                                         3.   PROPER
4.   SCG Green Choice                                               4.   SCG Green Choice



Data PROPER (Program Penilaian Peringkat Kinerja Lingkungan Hidup Perusahaan)
PROPER Data (Corporate Environmental Performance Rating Program)

Instalasi
                               2024-2025            2023-2024            2022-2023           2021-2022             2020-2021
Installation

Pabrik Cileungsi                     -                  Biru                Biru                 Biru                 Biru
Cileungsi Factory                                       Blue                Blue                 Blue                 Blue

Pabrik Karawang                    Biru                 Biru                Biru                   -                    -
Karawang Factory                   Blue                 Blue                Blue




               PT Keramika Indonesia Assosiasi Tbk
196            Laporan Tahunan & Laporan Keberlanjutan 2025
Page 199
  Ikhtisar Kinerja | Performance Highlights          Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                      Analisis dan Diskusi Manajemen
 Laporan Manajemen | Management Report                                                                Laporan Keberlanjutan | Sustainability Report
                                                   Management Discussion and Analysis




Dukungan terhadap Tujuan Pembangunan Berkelanjutan (TPB) Terkait Kinerja Lingkungan Hidup
Support for the Sustainable Development Goals (SDGs) Related to Environmental Performance

  Dukungan terhadap TPB                                                              Keterangan
     Support for SDGs                                                                Description

                                      Pengelolaan air limbah melalui WWTP/STP,                 Wastewater management through WWTP/STP,
                                      pemanfaatan kembali air hasil olahan, serta              reuse of treated water, and regular monitoring
                                      pemantauan kualitas air secara berkala untuk             to ensure compliance and water efficiency in
                                      memastikan kepatuhan baku mutu dan efisiensi             production.
                                      penggunaan air produksi.

                                      Pemanfaatan energi terbarukan melalui Use of renewable energy through solar panel
                                      instalasi solar panel serta optimalisasi efisiensi installation and energy efficiency optimization
                                      energi pada operasional fasilitas produksi.        in operations.


                                      Modernisasi produksi melalui mesin efisien,              Production modernization using efficient
                                      digital printing, otomasi, serta pengembangan            machinery, digital printing, automation, and
                                      infrastruktur ramah lingkungan seperti kiln              eco-efficient infrastructure such as kiln
                                      insulation dan sistem monitoring energi.                 insulation and energy monitoring systems

                                      Pengendalian dampak lingkungan lokal Local environmental impact control through air
                                      melalui pemantauan kualitas udara dan quality and noise monitoring and green barrier
                                      kebisingan serta penerapan green barrier untuk implementation to reduce operational impacts.
                                      mengurangi dampak operasional.

                                      Pengelolaan limbah B3 dan non-B3 melalui                 Hazardous      and    non-hazardous     waste
                                      sistem terstruktur, penerapan 3R, green                  management, 3R implementation, green office
                                      office, paperless system, serta pengendalian             and paperless system, and raw material control
                                      mutu bahan baku untuk mendukung produksi                 for sustainable production.
                                      berkelanjutan.

                                      Penurunan emisi melalui heat recovery system, Emission reduction through heat recovery
                                      efisiensi energi, optimalisasi proses produksi, systems,    energy     efficiency,  production
                                      dan penerapan teknologi rendah emisi.           optimization, and low-emission technologies


                                      Kolaborasi dengan mitra industri dan Collaboration with industry partners and third-
                                      penggunaan laboratorium pihak ketiga untuk party laboratories for testing and strengthening
                                      pengujian serta penguatan sistem pengelolaan environmental management system
                                      lingkungan.




                                                                                                PT Keramika Indonesia Assosiasi Tbk
                                                                                           2025 Annual Report & Sustainability Report             197
Page 200
Lembar Umpan Balik
Feedback Form [OJK G.2]


Terima kasih atas kesediaan Bapak/Ibu/Saudara/Saudari untuk        Thank you for your time and willingness to read the 2025
membaca Laporan Keberlanjutan PT Keramika Indonesia                Sustainability Report of PT Keramika Indonesia Assosiasi Tbk.
Assosiasi Tbk Tahun 2025. Untuk meningkatkan transparansi          In order to enhance the transparency of our sustainability
kinerja keberlanjutan dan sebagai bahan evaluasi dalam             performance and to serve as evaluation material for the
penyusunan Laporan Keberlanjutan tahun berikutnya, kami            preparation of future Sustainability Reports, we would
mengharapkan kesediaan Bapak/Ibu/Saudara/Saudari untuk             appreciate your participation in completing the Feedback Form
mengisi Lembar Umpan Balik yang telah disiapkan dan                provided and returning it to us via email or postal mail.
mengirimkan kembali kepada kami melalui email atau pos.


 No.    Pertanyaan/Question                                                                                 Ya/Yes    Tidak/No
  1.    Laporan ini memberi informasi yang bermanfaat./This report contains useful information.
  2.    Laporan ini mudah dimengerti./This report is easily understood.
        Laporan ini telah mendorong saudara untuk berkontribusi dalam keberlanjutan.
  3.
        This report inspires you to make contribution within the sustainability aspect.
        Seberapa penting/menarik kinerja di bawah ini:/How important/interesting the following              (Skala/Scale 1-10)
        performance:
  4.    Kinerja Ekonomi/Economic Performance
  5.    Kinerja Sosial/Social Performance
  6.    Kinerja Lingkungan /Environment Performance
  7.    Materi apa yang dirasa perlu ditambahkan:/What other kind of information should be included in next report?




  8.    Kontribusi apa yang dirasa perlu ditingkatkan Perseroan:/What kind of contribution does the Company need to improve?




  9.    Saran dan masukan lain:/Any other input or advice:




Profil Pemangku Kepentingan/Stakeholder Profile

( ) Pemegang Saham/Investor         ( ) Karyawan             ( ) Konsumen          ( ) Masyarakat        ( ) Pemerintah
    Shareholder/Investor                Employee                 Consumer              Community             Government
( ) Mitra Bisnis                    ( ) Media                ( ) LSM               ( ) Lain-lain
    Business Partner                    Media                    NGOs                  Others


Jenis Kelamin/Gender                      :
Usia/Age                                  :
Pekerjaan/Job                             :
Pendidikan Akhir/Latest Education         :


                                                                   PT Keramika Indonesia Asosiasi Tbk
       Terima kasih atas partisipasi Anda.                         Graha Mobisel, 3rd Floor, Jalan Warung Buncit Raya No. 139
       Mohon agar lembar umpan balik ini dikirimkan kembali        Jakarta Selatan 12740, Jakarta – Indonesia
       ke alamat:
                                                                   P. (021) 7993 973 (hunting)
       Thank you for your participation.                           E. mkt@kiaceramics.com
       Please return this feedback form:                           www.kiaceramics.com




             PT Keramika Indonesia Assosiasi Tbk
198          Laporan Tahunan & Laporan Keberlanjutan 2025
Page 201
   Ikhtisar Kinerja | Performance Highlights        Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                      Analisis dan Diskusi Manajemen
 Laporan Manajemen | Management Report                                                               Laporan Keberlanjutan | Sustainability Report
                                                   Management Discussion and Analysis




Tanggapan terhadap Umpan Balik Laporan
Keberlanjutan Tahun 2024
Response to Feedback on the 2024 Sustainability Report [OJK G.3]

Pada tahun 2025, Perseroan tidak menerima adanya saran/                    In 2025, the Company did not receive any suggestions,
tanggapan/feedback dari para pemangku kepentingan ataupun                  comments, or feedback from stakeholders or readers regarding
pembaca terhadap Laporan Keberlanjutan Tahun 2024.                         the 2024 Sustainability Report.




Referensi Silang POJK No. 51/POJK.03/2017
POJK No. 51/POJK.03/2017 Cross Reference [OJK G.4]


                                                                        Pengungkapan                                                      Halaman
 POJK 51/OJK.03/2017
                                                                          Disclosure                                                       Page

A. Strategi Keberlanjutan Sustainability Strategy

A.1 Penjelasan Strategi Keberlanjutan/Explanation of Sustainability Strategy                                                                  151

B. Ikhtisar Kinerja Aspek Berkelanjutan Sustainability Aspect Performance Highlights

B.1                             Kuantitas produksi atau jasa yang dijual
                                                                                                                                              153
Aspek Ekonomi                   Quantity of products and services being sold
(3 tahun terakhir)
Economic Aspect                 Pendapatan atau penjualan
                                                                                                                                              153
(last 3 years)                  Revenues or sales

                                Laba atau rugi bersih
                                                                                                                                              153
                                Net profits or loss

                                Produk ramah lingkungan
                                                                                                                                              153
                                Environmentaly friendly products

                                Pelibatan pihak lokal yang berkaitan dengan proses bisnis Keuangan Berkelanjutan
                                                                                                                                              153
                                Involving local party who are related to Sustainable Financial business process

B.2                             Penggunaan energi (listrik dan air)
                                                                                                                                              153
Aspek                           Energy usage (electricity and water)
Lingkungan Hidup
Environmental Aspect            Pengurangan emisi yang dihasilkan
                                                                                                                                              153
                                Reducing emission production

                                Pengurangan limbah dan efluen yang dihasilkan
                                                                                                                                              153
                                Reducing waste and effluent production

                                Pelestarian keanekaragaman hayati
                                                                                                                                              154
                                Biodiversity preservation

B.3                             Dampak positif dan negatif dari penerapan Keuangan Berkelanjutan
                                                                                                                                              154
Aspek Sosial                    Positive and negative impact from the implementation of Sustainable Finance
Social Aspect
                                Pengeluaran biaya untuk masyarakat
                                                                                                                                              154
                                Allocated fund for the community

C. Profil Perseroan Company Profile

C.1                             Visi, misi, dan nilai keberlanjutan Perusahaan
                                                                                                                                            40, 41
                                Vision, mission, and sustainability value of the Company

C.2                             Nama, alamat, nomor telepon, nomor faksimili, email, dan situs resmi
                                                                                                                                              32
                                Name, address, phone number, fax number, email, and official website




                                                                                               PT Keramika Indonesia Assosiasi Tbk
                                                                                          2025 Annual Report & Sustainability Report             199
Page 202
                                                                Pengungkapan                                             Halaman
 POJK 51/OJK.03/2017
                                                                  Disclosure                                              Page

C.3                       Skala Usaha (total aset atau kapitalisasi aset, total kewajiban, jumlah karyawan yang dibagi
                          menurut jenis kelamin, jabatan, usia, pendidikan, dan status ketenagakerjaan), Persentase
                          kepemilikan saham (publik dan pemerintah), Wilayah operasional                                 33, 43,
                          Scale of Business (total assets or assets capitalization, total liabilities, total employees   53, 56
                          based on gender, position, age, education, and employment status), Share Ownership
                          Percentage (public and government), Operational Area

C.4                       Penjelasan singkat produk, layanan, dan kegiatan usaha yang dijalankan
                                                                                                                           42
                          Brief explanation on products, services, and business activities

C.5                       Keanggotaan pada asosiasi
                                                                                                                           45
                          Membership in association

C.6                       Perubahan Perseroan yang bersifat signifikan misal terkait dengan penutupan atau
                          pembukaan cabang, dan struktur kepemilikan
                                                                                                                           45
                          Significant changes in the Company, such as the closing or opening of branches, and
                          ownership structure

D. Penjelasan Direksi Board of Directors’ Explanation

D.1                       Kebijakan untuk merespons tantangan dalam pemenuhan strategi keberlanjutan
                                                                                                                          25-27
                          Policy to response to challenges in fulfilling sustainability strategy

D.2                       Penjelasan respons Perseroan terkait penerapan Keuangan Berkelanjutan
                          Explanation on the Company’s response related to the implementation of Sustainable              25-27
                          Finance

D.3                       Strategi Pencapaian Target
                                                                                                                          25-27
                          Target Achievement Strategy

E. Tata Kelola Keberlanjutan Sustainability Governance

E.1                       Penanggung jawab penerapan Keuangan Berkelanjutan
                                                                                                                           155
                          Responsible Person for the implementation of Sustainable Finance

E.2                       Pengembangan kompetensi terkait Keuangan Berkelanjutan
                                                                                                                           156
                          Competency Development related to Sustainable Finance

E.3                       Penilaian Risiko atas Penerapan Keuangan Keberlanjutan
                                                                                                                           157
                          Risk Assessment on Sustainable Finance Implementation

E.4                       Hubungan dengan Pemangku Kepentingan
                                                                                                                           159
                          Relationship with the Stakeholders

E.5                       Permasalahan terhadap Penerapan keberlanjutan/Topik Utama Keberlanjutan
                                                                                                                           160
                          Issues with sustainability Implementation/Key Sustainability Topics

F. Kinerja Keberlanjutan Sustainability Performance

F.1                       Kegiatan membangun budaya keberlanjutan
                                                                                                                           162
                          Activities to establish sustainability culture

Kinerja Ekonomi Economic Performance

F.2                       Perbandingan Target dan Kinerja Produksi, Portofolio, Target Pembiayaan, atau Investasi,
                          Pendapatan dan Laba Rugi
                                                                                                                           163
                          Comparison of Target and Production Performance, Portfolio, Financing Target, or
                          Investment, Income and also Profit and Loss

F.3                       Perbandingan Target dan Kinerja Portofolio, Target Pembiayaan, atau Investasi pada
                          Instrumen Keuangan atau Proyek yang Sejalan dengan Keuangan Berkelanjutan
                                                                                                                           163
                          Comparison of Targets and Portfolio Performance, Financing Targets, or Investments in
                          Financial Instruments or Projects Compatible with Sustainable Finance

Kinerja Lingkungan Hidup Environment Performance

Aspek Umum                F.4 Biaya Lingkungan Hidup
                                                                                                                           184
General Aspect                Environmental Cost

Aspek Material            F.5 Penggunaan Material yang Ramah Lingkungan
                                                                                                                           185
Material Aspect               The Use of Environmentally Friendly Materials




            PT Keramika Indonesia Assosiasi Tbk
200         Laporan Tahunan & Laporan Keberlanjutan 2025
Page 203
  Ikhtisar Kinerja | Performance Highlights        Profil Perusahaan | Company Profile            Tata Kelola Perusahaan | Corporate Governance
                                                     Analisis dan Diskusi Manajemen
 Laporan Manajemen | Management Report                                                              Laporan Keberlanjutan | Sustainability Report
                                                  Management Discussion and Analysis




                                                                       Pengungkapan                                                      Halaman
 POJK 51/OJK.03/2017
                                                                         Disclosure                                                       Page

Aspek Energi                   F.6 Jumlah dan Intensitas Energi yang Digunakan
                                                                                                                                             187
Energy Aspect                      Amount and Intensity of Energy Used

                               F.7 Upaya dan Pencapaian Efisiensi Energi dan Penggunaan Energi Terbarukan
                                                                                                                                             185
                                   Efforts and Achievements of Energy Efficiency and The Use of Renewable Energy

Aspek Air                      F.8 Penggunaan Air
                                                                                                                                             188
Water Aspect                       The Use of Water

Aspek Keanekaragaman F.9 Dampak dari Wilayah Operasional yang Dekat atau Berada di Daerah Konservasi atau
Hayati                   Memiliki Keanekaragaman Hayati
                                                                                                                                             195
Biodiversity Aspect      Impact of Operational Areas Nearby or Located in Conservation Areas or Possessing
                         Biodiversity

                               F.10 Usaha Konservasi Keanekaragaman Hayati
                                                                                                                                             195
                                    Biodiversity Conservation Effort

Aspek Emisi                    F.11 Jumlah dan Intensitas Emisi yang Dihasilkan Berdasarkan Jenisnya
                                                                                                                                             189
Emission Aspect                     Amount and Intensity of Emissions Produced Based on Type

                               F.12 Upaya dan Pencapaian Pengurangan Emisi yang Dilakukan
                                                                                                                                             189
                                    Emission Reduction Efforts and Achievements

Aspek Limbah                   F.13 Jumlah Limbah dan Efluen yang Dihasilkan Berdasarkan Jenis
                                                                                                                                          192, 194
dan Efluen                          Amount of Waste and Effluent Produced Based on Type
Waste and
Effluent Aspects               F.14 Mekanisme Pengelolaan Limbah dan Efluen
                                                                                                                                          192, 194
                                    Waste and Effluent Management Mechanism

                               F.15 Tumpahan yang Terjadi (jika ada)
                                                                                                                                             195
                                    Spills Occurred (if any)

Aspek Pengaduan                F.16 Jumlah dan Materi Pengaduan Lingkungan Hidup yang Diterima dan Diselesaikan
Terkait Lingkungan                  Number and Material of Environmental Complaints Received and Resolved
Hidup
                                                                                                                                             196
Aspects of Complaints
Related to the
Environment

Kinerja Sosial Social Performance

                               F.17 Komitmen untuk Memberikan Layanan atas Produk dan/atau Jasa yang Setara kepada
                                    Konsumen                                                                                                 178
                                    Commitment to Providing Equal Products and/or Services to Consumers

Aspek Ketenagakerjaan          F.18 Kesetaraan Kesempatan Bekerja
                                                                                                                                             165
Employment Aspect                   Equal Employment Opportunity

                               F.19 Tenaga Kerja Anak dan Tenaga Kerja Paksa
                                                                                                                                             165
                                    Child Labor and Forced Labor

                               F.20 Upah Minimum Regional
                                                                                                                                             168
                                   Regional Minimum Wage

                               F.21 Lingkungan Bekerja yang Layak dan Aman
                                                                                                                                             171
                                    Decent and Safe Working Environment

                               F.22 Pelatihan dan Pengembangan Kemampuan Pegawai
                                                                                                                                             173
                                    Employee Capabilities Training and Development

Aspek Masyarakat               F.23 Dampak Operasi terhadap Masyarakat Sekitar
                                                                                                                                             175
Community Aspect                    Impact of Operations on Surrounding Communities

                               F.24 Pengaduan Masyarakat
                                                                                                                                             178
                                    Public Complaint

                               F.25 Kegiatan Tanggung Jawab Sosial Lingkungan (TJSL)
                                                                                                                                             175
                                    Environmental and Social Responsibility Activities (ESRA)




                                                                                              PT Keramika Indonesia Assosiasi Tbk
                                                                                         2025 Annual Report & Sustainability Report             201
Page 204
                                                                     Pengungkapan                                       Halaman
  POJK 51/OJK.03/2017
                                                                       Disclosure                                        Page

Tanggung Jawab Pengembangan Produk dan/atau Jasa Keuangan Berkelanjutan
Sustainable Finance Products and/Services Development Responsibility

F.26                           Inovasi dan Pengembangan Produk/Jasa Berkelanjutan
                                                                                                                          179
                               Innovation and Sustainable Product/Service Development

F.27                           Produk dan jasa yang sudah dievaluasi keamanannya bagi pelanggan
                                                                                                                          180
                               Products and services regarding the safety for customers

F.28                           Dampak Produk/Jasa
                                                                                                                          182
                               Product/Service Impact

F.29                           Jumlah produk yang ditarik kembali
                                                                                                                          182
                               Total recalled products

F.30                           Survei kepuasan pelanggan terhadap produk dan/atau Jasa Keuangan Keberlanjutan
                                                                                                                          182
                               Customer satisfaction survey on products and/or Sustainability Financial Services

G. Lain-lain Others

                               Verifikasi Tertulis dari Pihak Independen (jika ada)
G.1                                                                                                                       N/A
                               Written Verification from an Independent Party (if any)

                               Lembar Umpan Balik
G.2                                                                                                                       198
                               Feedback Sheet

                               Tanggapan Terhadap Umpan Balik Laporan Keberlanjutan Tahun Sebelumnya
G.3                                                                                                                       199
                               Review on Previous Year's Sustainability Report Feedback

                               Daftar Pengungkapan Sesuai Peraturan Otoritas Jasa Keuangan No. 51/POJK.03/2017
                               tentang Penerapan Keuangan Berkelanjutan bagi Lembaga Jasa Keuangan, Emiten, dan
                               Perusahaan Publik
G.4                                                                                                                       199
                               List of Disclosures According to Financial Services Authority Regulation
                               No. 51/POJK.03/2017 concerning the Implementation of Sustainable Finance for Financial
                               Services Institutions, Issuers, and Public Companies

Keterangan/Notes:
N/A: Tidak Ada/Not Available




               PT Keramika Indonesia Assosiasi Tbk
202            Laporan Tahunan & Laporan Keberlanjutan 2025
Page 205
     SURAT PERNYATAAN ANGGOTA DIREKSI DAN ANGGOTA
      DEWAN KOMISARIS TENTANG TANGGUNG JAWAB ATAS
    LAPORAN TAHUNAN DAN LAPORAN KEBERLANJUTAN 2025
          PT KERAMIKA INDONESIA ASSOSIASI TBK
     Statement of Responsibility of the Board of Directors and Board of Commissioners
 for Annual Report and Sustainability Report 2025 of PT Keramika Indonesia Assosiasi Tbk


Kami yang bertanda tangan di bawah ini menyatakan bahwa          We, the undersigned, declared that all information in
semua informasi dalam Laporan Tahunan dan Laporan                the Annual Report and Sustainability Report 2025 of
Keberlanjutan PT Keramika Indonesia Assosiasi Tbk tahun          PT Keramika Indonesia Assosiasi Tbk has been published
2025 telah dimuat secara lengkap dan bertanggung jawab           in its entirety and fully responsible for the accuracy of the
penuh atas kebenaran isi Laporan Tahunan dan Laporan             contents of the Company’s Annual Report and Sustainability
Keberlanjutan Perusahaan.                                        Report.


Demikian pernyataan ini dibuat dengan sebenarnya.                Thus, this statement is truthfully certified.


Jakarta, April 2026                                              Jakarta, April 2026



                                                Dewan Komisaris
                                             Board of Commissioners




                                                    Anuvat Chalermchai
                                                       Komisaris Utama
                                                    President Commissioner


            Warit Jintanawan                                                                 Krisana Eamvorasombat
                 Komisaris                                                                       Komisaris Independen
               Commissioner                                                                   Independent Commissioner




                                                         Direksi
                                                    Board of Directors




                                                      Boonyarit Jaiya
                                                       Direktur Utama
                                                      President Director

         Susalak Khiew-orn                                                                               Gunarso
                Direktur                                                                            Direktur Independen
                Director                                                                           Independent Director



                                                                                  PT Keramika Indonesia Assosiasi Tbk
                                                                             2025 Annual Report & Sustainability Report   203
Page 206
      PT Keramika Indonesia Assosiasi Tbk
204   Laporan Tahunan & Laporan Keberlanjutan 2025
Page 207
Laporan
Keuangan
Financial
Statements
Page 208
PT KERAMIKA INDONESIA ASOSIASI Tbk DAN ENTITAS ANAK/
 PT KERAMIKA INDONESIA ASOSIASI Tbk AND SUBSIDIARIES




            LAPORAN KEUANGAN KONSOLIDASIAN/
            CONSOLIDATED FINANCIAL STATEMENTS



             TAHUN BERAKHIR 31 DESEMBER 2025/
               YEAR ENDED 31 DECEMBER 2025
Page 209
             PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
              PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES




ISI/CONTENTS                                                                                                    Halaman/Page


PERNYATAAN DIREKSI TENTANG TANGGUNG JAWAB/
  BOARD OF DIRECTORS’ STATEMENT OF RESPONSIBILITIES

LAPORAN KEUANGAN KONSOLIDASIAN UNTUK TAHUN BERAKHIR 31 DESEMBER 2025/
CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025:

  LAPORAN POSISI KEUANGAN KONSOLIDASIAN/
    CONSOLIDATED STATEMENT OF FINANCIAL POSITION ................................................................... 1 - 2

  LAPORAN LABA RUGI DAN PENGHASILAN KOMPREHENSIF LAIN KONSOLIDASIAN/
    CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME ....                                              3

  LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN/
    CONSOLIDATED STATEMENT OF CHANGES IN EQUITY ....................................................................          4

  LAPORAN ARUS KAS KONSOLIDASIAN/
    CONSOLIDATED STATEMENT OF CASH FLOWS ..................................................................................   5

  CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN/
    NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS ............................................................... 6 - 54

LAPORAN AUDITOR INDEPENDEN/INDEPENDENT AUDITORS’ REPORT
Page 210

          
Page 211
           PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
             PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                            LAPORAN POSISI KEUANGAN KONSOLIDASIAN/
                          CONSOLIDATED STATEMENT OF FINANCIAL POSITION
          (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)

                                    Catatan/          31 Desember/December
                                     Notes           2025              2024

ASET                                                                                                             ASSETS

ASET LANCAR                                                                                          CURRENT ASSETS
 Kas dan setara kas                   3c, 4                30.840)              37.877)     Cash and cash equivalents
 Piutang usaha:                       3d, 5                                                       Trade receivables:
    Pihak ketiga                                            133)                    88)              Third parties
    Pihak berelasi                                      166.457)               185.327)            Related parties
 Piutang lain-lain:                    3d                                                         Other receivables:
    Pihak ketiga                                            234)                   435)              Third parties
    Pihak berelasi                                          184)                   241)            Related parties
 Persediaan                           3e, 6              57.698)                63.704)                  Inventories
 Aset lancar lain-lain                                    1.267)                   239)         Other current assets
    TOTAL ASET LANCAR                                   256.813)               287.911) TOTAL CURRENT ASSETS

ASET TIDAK LANCAR                                                                              NON-CURRENT ASSETS
 Aset tetap, bersih                   3f, 7             608.488)               627.644)                Fixed assets, net
 Properti investasi                   3h, 8              61.981)                61.981)          Investment properties
 Aset tak berwujud, bersih                                    -)                     5)           Intangible assets, net
 Aset pajak tangguhan, bersih        3m, 14               1.209)                     -)         Deferred tax assets, net
 Klaim pengembalian pajak              14                 1.993)                 3.241)           Claims for tax refund
 Aset tidak lancar lain-lain                              1.866)                 2.919)         Other non-current assets
    TOTAL ASET TIDAK                                                                        TOTAL NON-CURRENT
       LANCAR                                           675.537)               695.790)                 ASSETS

    TOTAL ASET                                          932.350)               983.701)             TOTAL ASSETS




Lihat Catatan atas Laporan Keuangan Konsolidasian yang          See Notes to the Consolidated Financial Statements, which
merupakan bagian tidak terpisahkan dari laporan keuangan              form an integral part of these consolidated financial
konsolidasian ini.                                                                                              statements.



                                                         1
Page 212
         PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
           PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                     LAPORAN POSISI KEUANGAN KONSOLIDASIAN (Lanjutan)/
                 CONSOLIDATED STATEMENT OF FINANCIAL POSITION (Continued)
         (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)

                                     Catatan/      31 Desember/December
                                      Notes       2025              2024

LIABILITAS DAN EKUITAS                                                                     LIABILITIES AND EQUITY

LIABILITAS JANGKA
  PENDEK                                                                                      CURRENT LIABILITIES
  Utang bank                          3d, 13                  -)             38.000)                        Bank loan
  Liabilitas sewa                      3g, 9              3.207)                122)                   Lease liabilities
  Utang usaha:                        3d, 10                                                          Trade payables:
   Pihak ketiga                                        73.053)               78.158)                  Third parties
   Pihak berelasi                                       2.404)                  156)                Related Parties
  Utang lain-lain:                    3d, 11                                                          Other payables:
   Pihak ketiga                                         3.517)                6.406)                  Third parties
   Pihak berelasi                                       7.327)               11.382)                Related parties
  Beban akrual                        3d, 12           29.935)               23.589)                 Accrued expenses
  Utang pajak penghasilan               14                801)                  597)               Income tax payable
  Utang pajak lainnya                   14              5.065)                4.604)              Other taxes payable
  Liabilitas jangka pendek lainnya                        899)                  899)             Other current liability
   TOTAL LIABILITAS                                                                             TOTAL CURRENT
     JANGKA PENDEK                                    126.208)              163.913)              LIABILITIES

LIABILITAS JANGKA
  PANJANG                                                                               NON-CURRENT LIABILITIES
 Liabilitas sewa                     3g, 9              2.286)                    -)                  Lease liabilities
 Liabilitas pajak tangguhan, bersih 3m, 14                  -)                3.235)       Deferred tax liabilities, net
 Liabilitas imbalan kerja           3j, 15             21.512)               21.034)        Employee benefits liabilities
  TOTAL LIABILITAS                                                                       TOTAL NON-CURRENT
    JANGKA PANJANG                                     23.798)               24.269)            LIABILITIES

   TOTAL LIABILITAS                                   150.006)              188.182)         TOTAL LIABILITIES

EKUITAS                                                                                                          EQUITY
 Modal saham                           16           1.612.181)            1.612.181)                       Share capital
   Modal saham – nilai nominal                                                         Share capital – nominal value
  saham seri A dan seri B                                                             of series A and series B shares
  masing-masing Rp 210 dan                                                              of Rp 210 and Rp 105 (whole
  Rp 105 (nilai penuh) per saham                                                     amount) per share, respectively
   Modal dasar – 680.000.000                                                                Authorized – 680,000,000
  saham seri A dan                                                                              shares of series A and
  16.000.000.000 saham seri B                                                        16,000,000,000 shares of series B
  Modal ditempatkan dan disetor                                                                Issued and fully paid –
  penuh – 425.000.000 saham                                                           425,000,000 shares of series A
  seri A dan 14.504.100.000                                                            and 14,504,100,000 shares of
  saham seri B                                                                                                 series B
 Tambahan modal disetor                17             218.657)              218.657)           Additional paid-in capital
                                                                                         (Accumulated deficit) retained
 (Akumulasi defisit) saldo laba:                                                                            earnings:
   Ditentukan penggunaannya            22               7.159)                7.159)                   Appropriated
   Belum ditentukan penggunaannya                  (1.115.988)           (1.104.365)                Unappropriated

 Ekuitas yang dapat diatribusikan                                                         Equity attributable to owners
  kepada pemilik entitas induk                        722.009)              733.632)                of the Company
 Kepentingan nonpengendali             18              60.335)               61.887)         Non-controlling interests
  TOTAL EKUITAS                                       782.344)              795.519)             TOTAL EQUITY

   TOTAL LIABILITAS DAN                                                                      TOTAL LIABILITIES
    EKUITAS                                            932.350              983.701)             AND EQUITY
Lihat Catatan atas Laporan Keuangan Konsolidasian yang        See Notes to the Consolidated Financial Statements, which
merupakan bagian tidak terpisahkan dari laporan                     form an integral part of these consolidated financial
keuangan konsolidasian ini.                                                                                   statements.



                                                      2
Page 213
          PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
            PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
      LAPORAN LABA RUGI DAN PENGHASILAN KOMPREHENSIF LAIN KONSOLIDASIAN/
     CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
        (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)


                                                Tahun berakhir       Tahun berakhir
                                                 31 Desember/         31 Desember/
                                                  Year ended           Year ended
                                     Catatan/    31 December          31 December
                                      Notes          2025                 2024
Pendapatan                            3k, 19            611.942\               591.934)                            Revenue
Beban pokok pendapatan                 20              (582.750)              (571.263)                     Cost of revenue

  LABA KOTOR                                             29.192\                20.671)                GROSS PROFIT

Pendapatan lain-lain                                      7.613)                 1.495)                       Other income
Beban penjualan                                            (769)                (3.156)                    Selling expenses
Beban administrasi                      21              (34.726)               (42.356)             Administrative expenses
(Rugi) laba kurs, bersih                                 (1.184)                   475)   Currency exchange (loss) gain, net
Beban lain-lain                                         (12.235)                  (868)                     Other expenses
                                                        (41.301)               (44.410)

  RUGI OPERASI                                          (12.109)               (23.739)              OPERATING LOSS
Pendapatan keuangan                     3n                  617)                   859)                  Finance income
Beban keuangan                          3n               (1.741)                (1.637)                    Finance costs
  BEBAN KEUANGAN NETO                                    (1.124)                  (778)          NET FINANCE COSTS
  RUGI SEBELUM PAJAK                                    (13.233)               (24.517)           LOSS BEFORE TAX
Beban pajak penghasilan               3m, 14                1.245)                (577)                  Income tax expense

  RUGI                                                  (11.988)               (25.094)                           LOSS
PENGHASILAN                                                                                  OTHER COMPREHENSIVE
 KOMPREHENSIF LAIN                                                                                           INCOME
 Perubahan atas pengukuran kembali                                                         Changes on remeasurements of
    liabilitas imbalan kerja          3j, 15             (1.522)                   999)      employee benefits obligation
 Pajak atas penghasilan                                                                                     Tax on other
 komprehensif lain                                           335)                 (220)         comprehensive income
                                                                                                        TOTAL OTHER
TOTAL (RUGI) PENGHASILAN                                                                           COMPREHENSIVE
 KOMPREHENSIF LAIN                                       (1.187)                   779)              (LOSS)INCOME
                                                                                              TOTAL COMPREHENSIVE
TOTAL RUGI KOMPREHENSIF                                 (13.175)               (24.315)                   LOSS
RUGI YANG DAPAT                                                                                                       LOSS
 DIATRIBUSIKAN KEPADA:                                                                             ATTRIBUTABLE TO:
 Pemilik entitas induk                                  (10.439)               (25.314)           Owners of the Company
 Kepentingan nonpengendali              18               (1.549)                   220)          Non-controlling interests
                                                        (11.988)               (25.094)

TOTAL PENGHASILAN
 KOMPREHENSIF LAIN YANG                                                                                TOTAL OTHER
 DAPAT DIATRIBUSIKAN                                                                      COMPREHENSIVE INCOME
 KEPADA:                                                                                       ATTRIBUTABLE TO:
 Pemilik entitas induk                                   (1.184)                   778)        Owners of the Company
 Kepentingan nonpengendali              18                   (3)                     1)       Non-controlling interests
                                                         (1.187)                   779)

RUGI BERSIH PER SAHAM                                                                             NET LOSS PER SHARE
 (nilai penuh)                        3p, 23                (0,70)               (1,70)                 (whole amount)
Lihat Catatan atas Laporan Keuangan Konsolidasian yang          See Notes to the Consolidated Financial Statements, which
merupakan bagian tidak terpisahkan dari laporan                       form an integral part of these consolidated financial
keuangan konsolidasian ini.                                                                                     statements.




                                                        3
Page 214
                                      PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
                                        PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                                                     LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN/
                                                     CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
                                      (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)



                                                   Ekuitas yang dapat diatribusikan kepada pemilik entitas induk/
                                                            Equity attributable to owners of the Company
                                                                               (Akumulasi defisit) saldo laba/
                                                                           (Accumulated deficit) retained earnings
                                                                                                                                       Kepentingan non
                                                       Tambahan modal          Ditentukan     Belum ditentukan                           pengendali/
                                   Modal saham/        disetor/ Additional   penggunaannya/   penggunaannya/           Total/          Non-controlling       Total ekuitas/
                                   Share capital         paid-in capital       Appropriated    Unappropriated          Total              interests           Total equity

Saldo 31 Desember 2023                   1.612.181                218.657             7.159           (1.079.829)         758.168)               61.666             819.834)   Balance as of 31 December 2023

Penghasilan komprehensif - 2024:                                                                                                                                                Comprehensive income - 2024:
  Rugi                                             -                     -                -              (25.314)         (25.314)                  220             (25.094)                          Loss
  Total penghasilan komprehensif                                                                                                                                                  Total other comprehensive
   lain                                            -                     -                -                  778)               778)                     1              779)                      income

Saldo 31 Desember 2024                   1.612.181                218.657             7.159           (1.104.365)         733.632)               61.887             795.519)   Balance as of 31 December 2024

Penghasilan komprehensif - 2025:                                                                                                                                                Comprehensive income - 2025:
  Rugi                                             -                     -                -              (10.439)         (10.439)               (1.549)            (11.988)                           Loss
  Total rugi komprehensif                                                                                                                                                         Total other comprehensive
  lain                                             -                     -                -               (1.184)          (1.184)                   (3)             (1.187)                         loss

Saldo 31 Desember 2025                   1.612.181                218.657             7.159           (1.115.988)          722.009               60.335              782.344   Balance as of 31 December 2025




Lihat Catatan atas Laporan Keuangan Konsolidasian yang merupakan bagian tidak                                        See Notes to the Consolidated Financial Statements, which form an integral
terpisahkan dari laporan keuangan konsolidasian ini.                                                                                             part of these consolidated financial statements.




                                                                                                  4
Page 215
          PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
            PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                                LAPORAN ARUS KAS KONSOLIDASIAN/
                             CONSOLIDATED STATEMENT OF CASH FLOWS
          (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)


                                                 Tahun berakhir         Tahun berakhir
                                                  31 Desember/           31 Desember/
                                                   Year ended             Year ended
                                      Catatan/    31 December            31 December
                                       Notes          2025                   2024


ARUS KAS DARI AKTIVITAS                                                                                   CASH FLOWS FROM
 OPERASI:                                                                                          OPERATING ACTIVITIES:
 Penerimaan kas dari pelanggan                           630.831)                  553.451)       Cash received from customers
 Pembayaran kas ke pemasok dan                                                                      Cash paid to suppliers and
   karyawan                                             (574.899)                 (565.436)                        employees
 Pembayaran untuk aktivitas operasi                                                                         Cash paid for other
   lain-lain                                             (12.579)                         -)              operating activities
 Penerimaan dari aktivitas operasi                                                                    Cash received from other
   lain-lain                                                   406)                   5.876)              operating activities
 Penerimaan bunga                                              811)                     846)                   Interest received
 Pembayaran bunga                                           (1.741)                  (1.637)                       Interest paid
 Penerimaan atas pengembalian pajak                          1.354)                   1.019)              Receipts of tax refund
 Pembayaran pajak penghasilan                                                                            Corporate Income tax
   badan                                                    (3.173)                  (3.934)                                paid
   Arus kas neto dari (digunakan                                                                     Net cash from (used in)
      untuk) aktivitas operasi                              41.010)                  (9.815)           operating activities)

ARUS KAS DARI AKTIVITAS                                                                      CASH FLOWS FROM INVESTING
 INVESTASI:                                                                                                      ACTIVITIES:
 Perolehan aset tetap                                       (6.973)                 (19.299)         Acquisition of fixed assets
 Hasil penjualan aset tetap              7                      50)                       -) Proceeds from sales of fixed assets
   Arus kas neto digunakan                                                                                  Net cash used in
      untuk aktivitas investasi                             (6.923)                 (19.299)            investing activities

ARUS KAS DARI AKTIVITAS                                                                                 CASH FLOWS FROM
 PENDANAAN:                                                                                        FINANCING ACTIVITIES:
 Penerimaan atas utang bank                               27.000)                   47.000)           Proceeds from bank loan
 Pembayaran atas utang bank                              (65.000)                   (9.000)           Repayments of bank loan
 Pembayaran liabilitas sewa              9                (3.124)                     (805)       Repayments of lease liabilities
   Arus kas neto (digunakan
     untuk) dari aktivitas                                                                              Net cash (used in) from
     pendanaan                                           (41.124)                   37.195)               financing activities

(Penurunan) kenaikan neto kas dan                                                              Net (decrease) increase in cash and
 setara kas                                              ) (7.037)                    8.081)                    cash equivalents
Kas dan setara kas,                                                                                    Cash and cash equivalents,
 awal tahun                                                 37.877)                 29.796)                    beginning of year
Kas dan setara kas,                                                                                    Cash and cash equivalents,
                                         4                  30.840)                 37.877)
 akhir tahun                                                                                                         end of year




Lihat Catatan atas Laporan Keuangan Konsolidasian yang            See Notes to the Consolidated Financial Statements, which
merupakan bagian tidak terpisahkan dari laporan                         form an integral part of these consolidated financial
keuangan konsolidasian ini.                                                                                       statements.




                                                        5
Page 216
             PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
              PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES/
                        CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN/
                         NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
           (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)

1.   UMUM                                                                                                           1. GENERAL
     a. Pendirian dan informasi lain Perseroan                       a.    Establishment and other information of the Company
        PT Keramika Indonesia Assosiasi Tbk (“Perseroan”)                  PT Keramika Indonesia Assosiasi Tbk (“the Company”)
        didirikan berdasarkan Akta No. 78 tertanggal                       was established based on Deed No. 78 dated
        28 November 1968 dari Juliaan Nimrod Siregar Gelar                 28 November 1968 of Juliaan Nimrod Siregar Gelar
        Mangaradja Namora, S.H., notaris di Jakarta. Akta                  Mangaradja Namora, S.H., a public notary in Jakarta.
        pendirian telah disahkan oleh Menteri Kehakiman                    The Deed of Establishment was approved by the Ministry
        Republik Indonesia berdasarkan Surat Keputusan No.                 of Justice of the Republic of Indonesia in his Decision
        J.A.5/22/5 tanggal 5 Maret 1969 dan telah diumumkan                Letter No. J.A.5/22/5 dated 5 March 1969 and was
        dalam Berita Negara Republik Indonesia No. 23 tanggal              published in the State Gazette of the Republic of
        21 Maret 1969, Tambahan No. 34. Pada awalnya                       Indonesia No. 23 dated 21 March 1969, Supplement
        Perseroan merupakan Penanaman Modal Asing (PMA)                    No. 34. The Company's status was changed from a
        yang pendiriannya dalam rangka Undang-undang                       Foreign Capital Investment Company (PMA), which
        Penanaman Modal Asing No. 1 tahun 1967.                            establishment was based on the framework of Foreign
        Berdasarkan Surat Keputusan dari Ketua Badan                       Investment Law No. 1 year 1967 to a Domestic Capital
        Koordinasi Penanaman Modal (BKPM) No. 25/V/1992                    Investment Company (PMDN). This change was based
        tanggal 15 Juni 1992, status Perseroan berubah menjadi             on the Decision Letter of the Chairman of Capital
        Penanaman Modal Dalam Negeri (PMDN).                               Investment Coordinating Board (BKPM) No. 25/V/1992
        Berdasarkan Surat Keputusan dari Ketua Badan                       dated 15 June 1992. The Company’s status was changed
        Koordinasi       Penanaman         Modal      (BKPM)               again from Domestic Capital Investment Company
        No. 4438/1/IP/PMA/2017 dan No. 4444/1/IP/PMA/2017                  (PMDN) to Foreign Capital Investment Company (PMA)
        tanggal 2 November 2017, status Perseroan berubah                  based on the decision letter of the Chairman of Capital
        kembali menjadi Penanaman Modal Asing (PMA).                       Investment       Coordinating       Board      (BKPM)
                                                                           No. 4438/1/IP/PMA/2017 and No. 4444/1/IP/PMA/2017
                                                                           dated 2 November 2017.
        Anggaran Dasar Perseroan telah mengalami beberapa                  The Company’s Articles of Association have been
        kali perubahan, yang terakhir dengan Akta                          amended several times, most recently by Notarial Deed
        No. 11 tanggal 11 September 2020 dari Sri                          No. 11 dated 11 September 2020 of Sri Hidianingsih Adi
        Hidianingsih Adi Sugijanto, S.H., notaris di Jakarta.              Sugijanto, S.H., a public notary in Jakarta. The
        Perubahan ini telah diterima dan disetujui Kementerian             amendment was acknowledged and approved by Ministry
        Hukum dan Hak Asasi Manusia Republik Indonesia                     of Law and Human Rights of the Republic of Indonesia
        melalui Surat No. AHU-0165173.AH.01.11.Tahun                       through letter No. AHU-0165173.AH.01.11.Tahun 2020
        2020 tanggal 1 Oktober 2020.                                       dated 1 October 2020.
        Sesuai dengan pasal 3 Anggaran Dasar Perseroan,                    In accordance with article 3 of the Company’s Articles of
        ruang lingkup kegiatan Perseroan terutama meliputi                 Association, the Company’s activities mainly include
        "Industri dan Distribusi Produk Keramik". Kegiatan                 “Ceramic Products Industrial and Distribution”. The
        operasi komersial telah dimulai sejak tahun 1968.                  Company started its commercial operations in 1968. The
        Pemasaran produk Perseroan dilakukan secara lokal                  Company sells its products locally and in various
        dan telah diekspor ke beberapa negara di Asia. Kantor              countries in Asia. The Company's head office is located
        pusat Perseroan beralamat di Graha Mobisel Lantai 3,               at Graha Mobisel 3rd Floor, Jl. Buncit Raya No. 139,
        Jl. Buncit Raya No. 139, Kalibata, Pancoran, Jakarta,              Kalibata, Pancoran, Jakarta, while its factories are
        sedangkan lokasi pabrik Perseroan berada di Karawang               located in Karawang and Gresik.
        dan Gresik.
        Perseroan telah menghentikan produksi keramik                      The Company has ceased production of wall tiles at
        dinding di pabrik Cileungsi efektif sejak 25 Oktober               Cileungsi factory effective on 25 October 2019. The
        2019. Fasilitas produksi keramik dinding sekarang                  manufacturing facility for wall tiles is currently located
        berlokasi di Karawang.                                             in Karawang.
     b. Dewan komisaris, direksi, komite audit dan karyawan          b.    Board of commissioners, board of directors, audit
                                                                           committee and employees
         Pada tanggal 31 Desember 2025 dan 2024, susunan                   As of 31 December 2025 and 2024, the composition of the
         dewan komisaris, dewan direksi, dan komite audit                  Company’s board of commissioners, board of directors,
         Perseroan adalah sebagai berikut:                                 and audit committee were as follows:
         Komisaris Utama                                 Anuvat Chalermchai                                        President Commissioner
         Komisaris                                         Warit Jintanawan                                               Commissioners
         Komisaris Independen                           Krisana Eamvorasombat                                 Independent Commissioners
         Direktur Utama                                     Boonyarit Jaiya                                            President Director
         Direktur                                         Susalak Khiew-orn                                                      Director
         Direktur Independen                                    Gunarso                                             Independent Director
         Komite audit                                                                                                   Audit Committee
         Ketua                                          Krisana Eamvorasombat                                                 Chairman
         Anggota                                    Dr. Ancella Anitawati Hermawan                                              Member
         Anggota                                  Dwi Astuti Rosmianingrum Nainggolan                                           Member
                                                                 6
Page 217
             PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
              PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES/
                   CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                    NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
            (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)


1.   UMUM (Lanjutan)                                                                                   1. GENERAL (Continued)

     b.   Dewan komisaris, direksi, komite audit dan karyawan           b.   Board of commissioners, board of directors, audit
          (Lanjutan)                                                         committee and employees (Continued)
          Susunan terakhir dewan direksi dan dewan komisaris                 The latest composition of the Company's board of
          Perseroan dimuat dalam Akta No. 105 tanggal 30 Juni                directors and board of commissioners was notarized by
          2022 dari Sri Hidianingsih Adi Sugijanto, S.H., notaris            Deed No. 105 dated 30 June 2022 from Sri Hidianingsih
          di Jakarta. Perubahan susunan dewan direksi dan                    Adi Sugijanto, S.H., notary in Jakarta. Changes in the
          dewan komisaris ini belum dapat dicatatkan di dalam                composition of the board of directors and board of
          Sistem Administrasi Badan Hukum Kementerian                        commissioners cannot yet be registered in the Legal
          Hukum dan Hak Asasi Manusia Republik Indonesia                     Entity Administration System of the Ministry of Law and
          dikarenakan akses Perseroan           pada Sistem                  Human Rights of the Republic of Indonesia because the
          Administrasi Badan Hukum sedang dalam status                       Company's access to the system is currently blocked (see
          blokir (lihat juga Catatan 28).                                    also Note 28).

          Per 31 Desember 2025 dan 2024, Grup                                As of 31 December 2025 and 2024, the Group had 155
          memperkerjakan masing-masing sejumlah 155                          permanent employees and 97 temporary employees
          karyawan tetap dan 97 karyawan tidak tetap (tidak                  (unaudited) and 154 permanent employees and 262
          diaudit) dan 154 karyawan tetap dan 262 karyawan                   temporary employees (unaudited), respectively.
          tidak tetap (tidak diaudit).
      c. Penawaran umum saham Perseroan                                 c.   The Company’s public offering
          Sebelum dilakukannya penawaran umum perdana                        Prior to the initial public offering, the founders owned
          atas saham Perseroan, para pendiri Perseroan                       60,000,000 shares with par value of Rp 1,000 (whole
          memiliki 60.000.000 saham Perseroan dengan nilai                   amount) per share.
          nominal Rp 1.000 (nilai penuh) per saham.
          Pada tanggal 4 November 1994, Perseroan                            On 4 November 1994, the Company received the
          memperoleh pernyataan efektif dari Ketua Badan                     effective statement from the Chairman of the Capital
          Pengawas Pasar Modal (Bapepam) dengan surat No.                    Market Supervisory Agency (Bapepam) through the
          S-1816/PM/1994 untuk melakukan penawaran umum                      letter No. S-1816/PM/1994 to perform the Initial Public
          perdana atas 25.000.000 saham dengan nilai nominal                 Offering of 25,000,000 shares with par value of Rp 1,000
          Rp 1.000 (nilai penuh) per saham. Pada tanggal                     (whole amount) per share. On 8 December 1994, all
          8 Desember 1994, seluruh saham tersebut telah                      these shares were listed in Jakarta and Surabaya Stock
          dicatatkan pada Bursa Efek Jakarta dan Surabaya.                   Exchanges.
          Pada tanggal 3 Desember 1996, pemegang saham                       On 3 December 1996, the Company’s shareholders
          Perseroan menyetujui pemecahan 1 menjadi 2 saham                   approved the Company’s 2-for-1 stock split. The par
          Perseroan. Nilai nominal Rp 1.000 (nilai penuh) per                value of Rp 1,000 (whole amount) per share was split
          saham dipecah menjadi 2 saham dengan nilai nominal                 into 2 shares with par value of Rp 500 (whole amount)
          Rp 500 (nilai penuh) per saham. Pemecahan saham                    per share. The stock split resulted in an increase of the
          menyebabkan peningkatan saham Perseroan dari                       Company’s shares from 85,000,000 shares to
          85.000.000 saham menjadi 170.000.000 saham.                        170,000,000 shares.

          Pada tanggal 18 Juni 1997, Perseroan memperoleh                    On 18 June 1997, the Company received the effective
          pernyataan efektif dari Ketua Bapepam dengan surat                 statement from the Chairman of Bapepam through the
          No. S-1345/PM/1997 untuk melakukan penawaran                       letter No. S-1345/PM/1997 to perform the Limited Public
          umum terbatas dengan Hak Memesan Efek Terlebih                     Offering with pre-emptive rights of 255,000,000 shares
          Dahulu sebesar 255.000.000 saham dengan nilai                      with par value of Rp 500 (whole amount) per share. On 9
          nominal Rp 500 (nilai penuh) per saham. Seluruh                    July 1997, all these shares, i.e. 425,000,000 shares were
          saham tersebut, sebanyak 425.000.000 saham, telah                  listed in Jakarta and Surabaya Stock Exchanges.
          dicatatkan pada Bursa Efek Jakarta dan Surabaya
          pada tanggal 9 Juli 1997.

          Pada tanggal 29 September 2004, saham Perseroan                    On 29 September 2004, the Company's shares were
          sudah tidak tercatat (delisting) pada Bursa Efek                   delisted in Jakarta Stock Exchange based on the
          Jakarta berdasarkan pengumuman PT Bursa Efek                       announcement of PT Bursa Efek Jakarta No. Peng-
          Jakarta    No.    Peng-07/BEJ-PSR/DEL/08/-2004                     07/BEJ-PSR/DEL/08/-2004 dated 23 August 2004 and
          tanggal 23 Agustus 2004 dan No. Peng-11/BEJ-                       No. Peng-11/BEJ-PSR/DEL/09-2004 dated 23 September
          PSR/DEL/09/-2004 tanggal 23 September 2004.                        2004.




                                                                    7
Page 218
            PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
             PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES/
                  CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                   NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
           (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)


1.   UMUM (Lanjutan)                                                                             1. GENERAL (Continued)
     c.   Penawaran umum saham Perseroan (Lanjutan)                 c.   The Company’s public offering (Continued)

          Bursa Efek Surabaya dan Bursa Efek Jakarta                     The Surabaya Stock Exchange and the Jakarta Stock
          bergabung/merger pada tanggal 30 November 2007                 Exchange merged on 30 November 2007 and changed
          dan berganti nama menjadi Bursa Efek Indonesia                 the name to Indonesia Stock Exchange (“IDX”).
          (BEI).

          Per tanggal 1 Desember 2007, semua saham                       As of 1 December 2007, all the Company’s outstanding
          Perseroan sebanyak 425.000.000 saham telah tercatat            shares totaling 425,000,000 shares are listed in IDX.
          di BEI. Pada tanggal 3 Desember 2007, saham                    On 3 December 2007, the listing status of the
          Perseroan dalam status tidak dapat diperdagangkan              Company’s shares was suspended.
          (suspensi).

          Pada tanggal 12 Mei 2008, Rapat Umum Pemegang                  On 12 May 2008, the Extraordinary Meeting of
          Saham Luar Biasa menyetujui penambahan Modal                   Shareholders approved addition in capital without pre-
          Tanpa Hak Memesan Efek Terlebih Dahulu sebagai                 emptive rights as a result of conversion loans to capital
          hasil konversi utang seperti yang telah disepakati             as agreed by the creditors in the Master Debt
          dengan para kreditur dalam Master Debt                         Restructuring Agreement (MDRA).
          Restructuring Agreement (MDRA).

          Berdasarkan surat dari PT Bursa Efek Indonesia                 IDX through its letter No. S-03824/BEI.PSR/07-2008
          (BEI) No. S-03824/BEI.PSR/07-2008 tanggal 9 Juli               dated on 9 July 2008, stated that the Company's shares
          2008, saham Perseroan yang tercatat di BEI adalah              that were listed in the Stock Exchange consists of
          sebanyak 425.000.000 saham Seri A dengan nilai                 425,000,000 Series A shares with par value of Rp 500
          nominal Rp 500 (nilai penuh) per saham dan                     (whole amount) per share and 8,000,000,000 Series B
          8.000.000.000 saham Seri B dengan nilai nominal Rp             shares with par value of Rp 250 (whole amount) per
          250 (nilai penuh) per saham.                                   share.

          Pada tanggal 15 Oktober 2008, berdasarkan                      On 15 October 2008, based on the Announcement
          Pengumuman Pencabutan Penghentian Sementara                    Revocation of Temporary Suspension of PT Keramika
          Perdagangan Efek PT Keramika Indonesia Assosiasi               Indonesia Assosiasi Tbk’s shares No. Peng-
          Tbk, No. Peng-005/BEI.PSR/UPT/10-2008, BEI                     005/BEI.PSR/UPT/10-2008,         IDX    revoked    the
          telah mencabut penghentian sementara perdagangan               temporary suspension, consequently, the Company’s
          efek Perseroan, sehingga saham Perseroan kembali               shares were listed again starting on 16 October 2008.
          dapat diperdagangkan mulai tanggal 16 Oktober
          2008.

          Pada bulan Juni 2011, SCG Decor Public Company                 In June 2011, SCG Décor Public Company Limited
          Limited (sebelumnya SCG Building Materials Co.,                (formerly SCG Building Materials Co., Ltd.) acquired
          Ltd.) mengakuisisi seluruh saham milik Fairrington,            all the Company’s shares owned by Fairrington, Inc.
          Inc. dan Concept Link, Limited sebanyak                        and Concept Link, Limited totaling to 7,875,000,000
          7.875.000.000 saham Seri B.                                    Series B shares.

          Sehubungan dengan kuasi reorganisasi, pada tanggal             In relation to the quasi reorganization, on 10 October
          10 Oktober 2011 para pemegang saham menyetujui                 2011 the Company’s shareholders approved to reduce
          untuk menurunkan nilai nominal saham Perseroan,                the par value of share, consequently the issued and paid
          sehingga modal ditempatkan dan disetor berkurang               up share capital was reduced from Rp 2,212,500
          dari Rp 2.212.500 (425.000.000 saham seri A                    (425,000,000 series A shares with par value of Rp 500
          dengan nilai nominal Rp 500 [nilai penuh] dan                  [whole amount] and 8,000,000,000 series B shares with
          8.000.000.000 saham seri B dengan nilai nominal Rp             par value of Rp 250 [whole amount]) to Rp 929,250
          250 [nilai penuh]) menjadi Rp 929.250 (425.000.000             (425,000,000 series A shares with par value of Rp 210
          saham seri A dengan nilai nominal Rp 210 [nilai                [whole amount] and 8,000,000,000 series B shares with
          penuh] dan 8.000.000.000 saham seri B dengan nilai             par value of Rp 105 [whole amount]).
          nominal Rp 105 [nilai penuh]).




                                                                8
Page 219
            PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
             PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES/
                  CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                   NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
           (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)


1.   UMUM (Lanjutan)                                                                               1. GENERAL (Continued)
     c.   Penawaran umum saham Perseroan (Lanjutan)                  c.   The Company’s public offering (Continued)
          Pada tahun 2012, Perseroan melakukan Penawaran                  In 2012, the Company conducted Limited Public
          Umum Terbatas II (“PUT II”) kepada para pemegang                Offering II (“PUT II”) to its shareholders with pre-
          saham dalam rangka penerbitan Hak Memesan Efek                  emptive rights by offering 6,504,100,000 Series B
          Terlebih Dahulu (“HMETD”) dengan menawarkan                     shares with par value of Rp 105 (whole amount) per
          6.504.100.000 saham seri B dengan nilai nominal                 share and the offering price of Rp 128 (whole amount)
          Rp 105 (nilai penuh) per saham dengan harga                     per share. A total of 6,503,410,753 shares were
          penawaran sebesar Rp 128 (nilai penuh) per saham.               acquired by SCG Decor Public Company Limited
          Sebanyak 6.503.410.753 lembar saham diambil oleh                (formerly SCG Building Materials Co., Ltd.) and
          SCG Decor Public Company Limited (sebelumnya                    689,247 shares were taken by the public.
          SCG Building Materials Co., Ltd.) dan sebanyak
          689.247 lembar saham diambil oleh masyarakat.
          Pada tanggal 28 November 2012, dalam rangka untuk               On 28 November 2012, in order to comply with
          mematuhi peraturan Bapepam-LK, SCG Decor                        Bapepam-LK regulation, SCG Decor Public Company
          Public Company Limited (sebelumnya SCG Building                 Limited (formerly SCG Building Materials Co., Ltd.)
          Materials Co., Ltd.) melepaskan 3.537.500 saham                 released its 3,537,500 series B shares of the Company
          Perseroan seri B miliknya ke masyarakat.                        to the public.

          Pada bulan Juli 2017, saham Perseroan dihentikan                In July 2017, the Company’s shares were suspended
          perdagangannya di bursa karena tidak mematuhi                   from trading due to a technical non-compliance with
          peraturan BEI-I-A. Berdasarkan peraturan BEI I-A,               IDX Regulation I-A. Under IDX Regulation I-A, “total
          "jumlah saham yang dimiliki oleh pemegang saham                 shares owned by Non-controlling and Non-substantial
          yang tidak mengendalikan dan tidak substansial                  Shareholders should hold at least 50,000,000 (fifty
          sekurang-kurangnya 50.000.000 (lima puluh juta)                 million) shares comprising at least 7.5% (seven point
          saham yang terdiri sekurang-kurangnya 7,5% (tujuh               five percent) of the total number of shares of paid-up
          koma lima persen) dari jumlah saham yang disetor".              capital”.
          Pada bulan Juni 2019, pemegang saham terbesar dari              In June 2019, the Company’s major shareholder, SCG
          Perseroan, SCG Decor Public Company Limited                     Décor Public Company Limited (formerly SCG
          (sebelumnya SCG Building Materials Co., Ltd.)                   Building Materials Co., Ltd.) release their ownership
          melepas 3,85% kepemilikan saham atau 575.000.000                of shares amounted to 3.85% or 575,000,000 shares to
          lembar saham mereka ke masyarakat dan dengan                    the public and thus increasing the number of shares on
          demikian meningkatkan jumlah saham beredar di                   market from 262,549,047 shares to 837,549,047
          pasar dari 262.549.047 lembar saham menjadi                     shares. The percentage for total shares owned by non-
          837.549.047 lembar saham. Persentase jumlah saham               controlling and non-substantial shareholders in June
          Perseroan yang tidak mengendalikan dan tidak                    2019 was 7.54% (seven point fifty four percent). The
          substansial pada bulan Juni 2019 adalah sebesar                 Company has met the requirement from IDX
          7,54% (tujuh koma lima puluh empat persen).                     Regulation I-A for the total shares owned by Non-
          Perseroan telah memenuhi peraturan BEI I-A untuk                controlling and non-substantial shareholders at least
          jumlah saham yang tidak mengendalikan dan tidak                 7.5% (seven point five percent). Subsequently, in July
          substansial sekurang-kurangnya 7,5% (tujuh koma                 2019, IDX issued Announcement Revocation of
          lima persen). Dengan demikian, pada bulan Juli 2019,            Temporary Suspension of PT Keramika Indonesia
          BEI mengeluarkan Pencabutan Penghentian                         Assosiasi       Tbk’s       shares     No. Peng-UPT-
          Sementara      Perdagangan   Efek     PT Keramika               00006/BEI.PP1/07-2019. The Company’s shares were
          Indonesia Assosiasi Tbk, No. Peng-UPT-                          listed again starting on 4 July 2019.
          00006/BEI.PP1/07-2019. Saham Perseroan telah
          diperdagangkan kembali mulai tanggal 4 Juli 2019.

          Pemegang saham terbesar dari Perseroan, SCG Decor               The Company’s major shareholder, SCG Décor Public
          Public Company Limited (sebelumnya SCG Building                 Company Limited (formerly SCG Building Materials
          Materials Co., Ltd.) melepas tambahan 0,42% atau                Co., Ltd.) has released additional 0.42% or 61,952,300
          61.952.300 lembar saham mereka ke masyarakat                    shares of their ownership to the public during July
          sepanjang Juli 2019 sampai dengan tanggal 31                    2019 until 31 December 2019.
          Desember 2019.




                                                                 9
Page 220
              PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
               PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES/
                   CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                    NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
            (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)

1.   UMUM (Lanjutan)                                                                                       1. GENERAL (Continued)
      c.   Penawaran umum saham Perseroan (Lanjutan)                       c.    The Company’s public offering (Continued)
           Pada bulan Juli 2025, saham Perseroan dihentikan                      In July 2025, the Company’s shares were suspended
           perdagangannya di bursa karena tidak mematuhi                         from trading due to a technical non-compliance with
           peraturan BEI-I-A. Berdasarkan peraturan BEI I-A,                     IDX Regulation I-A. Under IDX Regulation I-A, “the
           "Jumlah Saham Free Float paling sedikit 50.000.000                    minimum Free Float Shares should be 50,000,00 (fifty
           (lima puluh juta) saham dan paling sedikit 7,5%                       million) shares and at least 7.5% (seven point five
           (tujuh koma lima perseratus) dari jumlah saham                        percent) of the total number of shares”
           tercatat".
           Berdasarkan surat keterbukaan informasi pada                          Based on the disclosure of information letter on
           tanggal 30 Desember 2025, nomor 043/CS-                               30      December       2025,      number     043/CS-
           KIAS/ID/FF/XII/2025, perihal rencana pemulihan                        KIAS/ID/FF/XII/2025, on the recovery plan for the
           kondisi yang menyebabkan suspensi efek Perseroan,                     conditions that result in the suspension of the
           manajemen saat ini sedang dalam penelaahan atau                       Company’s share trading, management is currently
           kajian secara komperehensif atas beberapa cara untuk                  conducting a comprehensive study of several measures
           memulihkan kondisi Perseroan tersebut, yaitu antara                   to restore the Company condition, which include sales
           lain penjualan saham atau divestasi, pelaksanaan                      of shares or divestment, implementation of the
           program kepemilikan saham karyawan Perseroan,                         Company’s employee share ownership program, and
           dan penambahan modal Perseroan dengan HMETD                           increase of the Company’s capital with pre-emptive
           atau tanpa HMETD.                                                     rights or without pre-emptive rights.
           Pada tanggal 31 Desember 2025 dan 2024, jumlah                        As of 31 December 2025 and 2024, all shares issued and
           seluruh saham yang telah ditempatkan dan disetor                      fully paid consists of 425,000,000 series A shares and
           penuh adalah sebanyak 425.000.000 lembar saham                        14,504,100,000 series B shares were listed in IDX.
           Seri A, dan 14.504.100.000 lembar saham seri B telah
           tercatat di BEI.
      d.   Struktur grup                                                   d.    Group structure
           Perseroan memiliki kepemilikan langsung pada                          The Company has direct ownership in the following
           entitas anak berikut ini:                                             subsidiaries:
                                                                       Tahun mulai
                                                                        beroperasi        Persentase
                                                                      komersial/Year     kepemilikan/
                                                                       commenced         Percentage of      Total aset sebelum eliminasi/
                 Entitas anak/    Lokasi/         Jenis usaha/         commercial          ownership       Total assets before elimination
                Subsidiaries      Domicile     Nature of business       operations     2025 dan/and 2024      2025                2024

           PT KIA Keramik Mas      Bogor      Manufaktur Genteng
           (“KKM”)                             Keramik/ Ceramic           1984               99,21               548.589            539.604
                                                    Roof Tile
                                                Manufacturing
           PT KIA Serpih Mas       Bogor      Manufaktur Keramik
           (“KSM”) – dalam                   Lantai/Ceramic Floors        1970               72,30                98.641            110.805
           proses likuidasi/ In               Tile Manufacturing
           liquidation
           Pada tanggal 7 Oktober 2019, para pemegang saham                      On 7 October 2019, the shareholders of KSM have
           KSM telah menyetujui untuk meningkatkan modal                         approved to increase the authorized, issued and paid-
           dasar, modal ditempatkan dan disetor KSM sejumlah                     up capital of KSM in the amount of Rp 40,000 divided
           Rp 40.000 yang terbagi menjadi 625.000.000 lembar                     into 625,000,000 newly issued shares, having the
           saham baru dengan nilai nominal Rp 64 (nilai penuh)                   nominal value of Rp 64 (whole amount) per share, all of
           per lembar, yang mana telah disetorkan seluruhnya                     which have been fully subscribed by the non-controlling
           oleh pihak      nonpengendali. Oleh karena itu,                       interest. Accordingly, the Company’s percentage of
           persentase kepemilikan Perseroan di KSM berkurang                     ownership in KSM has decreased to 72.30% (previously
           menjadi 72,30% (sebelumnya 86,68%).                                   86.68%).
           Pada tanggal 28 November 2019, para pemegang                          On 28 November 2019, the shareholders of KSM had
           saham KSM telah memutuskan untuk membubarkan                          decided to dissolve KSM to improve the Group’s
           KSM untuk meningkatkan kinerja Grup dalam hal                         performance in terms of operational costs and
           biaya operasional dan efisiensi. Pembubaran KSM                       efficiency. The dissolution of KSM will be followed by
           akan ditindaklanjuti dengan likuidasi KSM. Para                       the liquidation of KSM. The shareholders of KSM had
           pemegang saham KSM juga telah menunjuk                                also appointed a liquidator of KSM to administer all
           likuidator KSM untuk melakukan hal-hal                                matters in connection to liquidation of KSM, among
           sehubungan dengan likuidasi KSM, antara lain,                         others, the settlement of KSM’s assets and other
           pemberesan aset-aset KSM dan kewajiban-kewajiban                      liabilities of KSM and termination of all KSM’s
           KSM lainnya dan pemutusan hubungan kerja seluruh                      employees in accordance with the prevailing laws and
           karyawan KSM sesuai dengan prosedur hukum yang                        regulations.
           berlaku.
                                                                     10
Page 221
                PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
                 PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES/
                      CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                       NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
               (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)



1.    UMUM (Lanjutan)                                                                                      1. GENERAL (Continued)

        d.   Struktur grup (Lanjutan)                                     d.   Group structure (Continued)
             Hal ini telah diungkapkan kepada publik melalui                   This matter had been disclosed to public through
             Laporan Informasi atau Fakta Material No. 045/CS-                 Information Report and Material Fact No. 045/CS-
             KIA/10/XI/2019 pada tanggal 2 Desember 2019.                      KIA/10/XI/2019 dated 2 December 2019.
             Manajemen Grup telah memiliki beberapa rencana                    The Group management have certain plans to ensure
             untuk memastikan bahwa tidak terdapat dampak yang                 that there are no significant impact from KSM
             signifikan dari likuidasi KSM terhadap operasi Grup               liquidation to the Group operations as below:
             sebagai berikut:                                                       •    Increase sales volume and competitiveness –
                  •    Meningkatkan volume penjualan dan daya                            strengthened distribution network and
                       saing – memperkuat jaringan distribusi dan                        improved quality of product in accordance
                       meningkatkan kualitas dari produk sesuai                          with national and international standard;
                       dengan standar nasional dan internasional;                   •    Cost efficiency - especially production and
                  •    Efisiensi biaya – terutama biaya produksi                         operational cost;
                       dan operasional;                                        Production - centralized in one location.
              Produksi – sentralisasi di satu lokasi.
             Sampai dengan 31 Desember 2025, proses likuidasi                  As of 31 December 2025, the liquidation process of
             KSM masih dalam proses.                                           KSM is still in progress.




2. DASAR PENYUSUNAN                                                                                   2. BASIS OF PREPARATION


     a. Pernyataan kepatuhan                                              a.   Statement of compliance
        Laporan keuangan konsolidasian Perseroan dan entitas                   The consolidated financial statements of the Company
        anak (“Grup”) disusun berdasarkan Standar Akuntansi                    and subsidiaries (“Group”) have been prepared in
        Keuangan Indonesia (“SAK”) dan Peraturan Badan                         accordance with Indonesian Financial Accounting
        Pengawas Pasar Modal dan Lembaga Keuangan                              Standards (“SAK”) and the Capital Market and
        (BAPEPAM-LK, yang fungsinya telah dialihkan kepada                     Financial Institution Supervisory Agency (BAPEPAM-
        OJK sejak tanggal 1 Januari 2013) No. VIII.G.7 tentang                 LK,whose function has been transferred to OJK
        Penyajian dan Pengungkapan Laporan Keuangan Emiten                     starting 1 January 2013) Regulation No. VIII.G.7
        atau Perusahaan Publik, yang terlampir dalam Surat                     regarding the Presentation and Disclosure of
        Keputusan No. KEP-347/BL/2012 tanggal 25 Juni 2012.                    Financial Statements of Issuers or Public Companies,
                                                                               enclosed in the Decision Letter No. KEP-347/BL/2012
                                                                               dated 25 June 2012.
        Laporan keuangan konsolidasian Grup disetujui untuk                    These consolidated financial statements of the Group
        diterbitkan oleh Direksi pada tanggal 30 Maret 2026.                   were authorized for issuance by the Board of Directors
                                                                               on 30 March 2026.

     b. Laporan arus kas                                                  b.   Statement of cash flows
        Laporan arus kas konsolidasian menyajikan perubahan                    The consolidated statement of cash flows presents the
        dalam kas dan setara kas dari aktivitas operasi, investasi dan         changes in cash and cash equivalents from operating,
        pendanaan, dan disusun dengan metode langsung. Grup                    investing and financing activities, and is prepared
        memperhitungkan deposito berjangka yang jatuh temponya                 using the direct method. The Group consider short-term
        tidak lebih dari tiga bulan dari tanggal penempatannya                 time deposits with maturities of not more than three
        sebagai setara kas.                                                    months at the date of acquisition to be cash equivalents.
     c. Dasar pengukuran                                                  c.   Basis of measurement
        Laporan keuangan konsolidasian disusun atas dasar akrual               The consolidated financial statements are prepared on
        dengan menggunakan konsep nilai historis, kecuali dimana               the accrual basis using the historical cost concept,
        standar akuntansi mensyaratkan pengukuran nilai wajar.                 except where the accounting standards require fair
                                                                               value measurement.
     d. Mata uang fungsional dan penyajian                                d.   Functional and presentation currency
       Laporan keuangan konsolidasian disajikan dalam Rupiah                    The consolidated financial statements are presented in
       (“Rp”), yang merupakan mata uang fungsional Perseroan                    Rupiah (“Rp”), which is the functional currency of the
       termasuk entitas anak. Kecuali dinyatakan lain, informasi                Company including subsidiaries. Unless otherwise
       keuangan yang disajikan telah dibulatkan ke dalam jutaan                 specified, financial information presented in Rupiah
       Rupiah terdekat.                                                         has been rounded to the nearest million.
                                                                     11
Page 222
             PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
              PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES/
                   CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                    NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
            (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)



2. DASAR PENYUSUNAN (Lanjutan)                                                        2. BASIS OF PREPARATION (Continued)

 e.   Penggunaan pertimbangan, estimasi dan asumsi                       e. Use of judgments, estimates and assumptions
      Penyusunan laporan keuangan konsolidasian mengharuskan                The preparation of consolidated financial statements
      manajemen untuk membuat pertimbangan, estimasi dan                    requires management to make judgments, estimates
      asumsi yang mempengaruhi penerapan kebijakan akuntansi                and assumptions that affect the application of
      dan jumlah aset, liabilitas, pendapatan dan beban. Hasil aktual       accounting policies and the reported amounts of assets,
      dapat berbeda dari nilai yang telah di estimasi.                      liabilities, income and expenses. Actual results may
                                                                            differ from the estimated amounts.
      Estimasi dan asumsi yang mendasarinya ditinjau secara                Estimates and underlying assumptions are reviewed on
      berkesinambungan. Perubahan terhadap estimasi                        an ongoing basis. Revisions to accounting estimates are
      akuntansi diakui secara prospektif.                                  recognized prospectively.

      Informasi mengenai pertimbangan yang dibuat dalam                    Information about judgements made in applying
      menerapkan kebijakan akuntansi yang memiliki dampak                  accounting policies that have the most significant effect
      paling signifikan terhadap jumlah yang diakui dalam                  on the amounts recognized in the consolidated financial
      laporan keuangan konsolidasian tercantum dalam catatan               statements are included in the following notes:
      berikut:
      • Catatan 9 – Masa Sewa: Pertimbangan manajemen                      •   Note 9 – Lease term: Management’s judgement as
          mengenai apakah pelaksanaan opsi untuk                               to whether the exercise of the option to extend the
          memperpanjang masa sewa adalah cukup pasti terjadi.                  lease term is reasonably certain to occur.

      Informasi tentang asumsi dan ketidakpastian estimasi pada            Information about the assumptions and estimation
      tanggal pelaporan yang memiliki risiko signifikan                    uncertainties at the reporting date that have a
      mengakibatkan penyesuaian material terhadap jumlah                   significant risk of resulting in material adjustments to
      tercatat aset dan liabilitas pada tahun berikutnya tercantum         the carrying amounts of assets and liabilities in the
      dalam catatan berikut:                                               following year is included in the following notes:
      • Catatan 7: Estimasi umur aset tetap dan pengujian                  • Note 7: fixed assets useful lives estimation and
          penurunan nilai: asumsi kunci yang mendasari jumlah                  impairment test: key assumptions underlying
          terpulihkan;                                                         recoverable amount;
      • Catatan 14: pengakuan aset pajak tangguhan:                        • Note 14: recognition of deferred tax assets:
          ketersediaan laba fiskal di masa depan untuk                         availability of future taxable profit against which
          dikompensasikan dengan perbedaan temporer yang                       deductible temporary differences can be utilized;
          dapat dikurangkan; dan                                               and
      • Catatan 15: pengukuran liabilitas imbalan pascakerja:              • Note 15: measurement of post-employment benefits
          asumsi utama aktuarial.                                              obligation: key actuarial assumptions.
      Pengukuran nilai wajar: sejumlah kebijakan dan                        Measurement of fair value: a number of accounting
      pengungkapan akuntansi membutuhkan pengungkapan                       policies and disclosures require the measurement of fair
      nilai wajar, baik untuk aset dan liabilitas keuangan                  values, for both financial and non-financial assets and
      maupun aset dan liabilitas non-keuangan.                              liabilities.
      Pada saat mengukur nilai wajar suatu aset atau liabilitas,            When measuring the fair value of an asset or liability,
      Grup menggunakan data pasar yang dapat diobservasi                    the Group uses observable market data as far as
      yang relevan. Nilai wajar dikategorikan ke dalam berbagai             possible. Fair values are categorized into different levels
      level dalam hirarki nilai wajar berdasarkan input yang                in fair value hierarchy based on the inputs used in the
      digunakan dalam teknik penilaian sebagai berikut:                     valuation techniques as follows:
      • Level 1: harga kuotasian (tanpa penyesuaian) di pasar                • Level 1: quoted prices (unadjusted) in active
          aktif untuk aset atau liabilitas yang identik.                         markets for identical assets or liabilities.
      • Level 2: input selain harga kuotasian yang termasuk                  • Level 2: inputs, other than quoted prices included in
          dalam Level 1, yang dapat diobservasi baik secara                      Level 1, that are observable (i.e. price), either
          langsung (yaitu harga) atau tidak langsung (yaitu                      directly or indirectly (i.e. derived from other
          berasal dari harga lain yang dapat diobservasi).                       observable price).
      • Level 3: input yang tidak didasarkan pada data pasar                 • Level 3: inputs that are not based on observable
          (input yang tidak dapat diobservasi).                                  market data (unobservable inputs).




                                                                    12
Page 223
              PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
               PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES/
                     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                      NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
              (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)


2.   DASAR PENYUSUNAN (Lanjutan)                                                   2. BASIS OF PREPARATION (Continued)

     e.   Penggunaan pertimbangan, estimasi dan asumsi                e.   Use of judgments,         estimates    and    assumptions
          (Lanjutan)                                                       (Continued)
          Jika input yang digunakan untuk mengukur nilai wajar             If the inputs used to measure the fair value of an asset or a
          aset atau liabilitas diperoleh dari beberapa level yang          liability are drawn from a mixture of different level sources
          berbeda dalam hirarki nilai wajar, maka pengukuran               of the fair value hierarchy, then the fair value
          nilai wajar untuk keseluruhan kelompok aset atau                 measurement for the entire class of the asset or liability is
          liabilitas dikategorikan dengan level input terendah             considered to have been done using the lowest level input
          yang signifikan terhadap keseluruhan pengukuran                  that is significant to the entire measurement (Level 3 being
          (Level 3 adalah level input terendah).                           the lowest).
     f.   Perubahan kebijakan akuntansi material                      f. Changes in material accounting policies

          PSAK 118 – Penyajian dan Pengungkapan dalam                      PSAK 118– Presentation and Disclosure in Financial
          Laporan Keuangan, akan efektif untuk periode                     Statements, which will become effective for reporting
          pelaporan pada atau setelah tanggal 1 Januari 2027.              periods beginning on or after 1 January 2027.
          PSAK 118 akan menggantikan PSAK 201 “Penyajian                   PSAK 118 will replace PSAK 201 “Presentation of
          Laporan Keuangan”. Standar akuntansi baru ini                    Financial Statements”. The new accounting standard
          memperkenalkan, di antaranya, persyaratan baru utama             introduces, among others, the following key new
          berikut ini:                                                     requirements:
          -    Grup diwajibkan untuk mengklasifikasikan seluruh            - The Group is required to classify all income and
               pendapatan dan beban ke dalam lima kategori                   expenses into five categories in the consolidated
               dalam laporan laba rugi konsolidasian, yaitu                  statement of profit or loss, namely the operating,
               kategori operasi, investasi, pendanaan, operasi yang          investing, financing, discontinued operations and
               dihentikan, dan pajak penghasilan. Grup juga                  income tax categories. Group is also required to
               diwajibkan untuk menyajikan subtotal laba operasi,            present operating profit subtotal, a newly-defined
               subtotal baru yang didefinisikan. Laba neto Grup              subtotal. The Group’s net profit will not change.
               tidak akan berubah.
          -    Ukuran kinerja tetapan manajemen (UKTM)                     - Management-defined performance measures (MPMs)
               diungkapkan dalam satu catatan di dalam laporan               are disclosed in a single note in the consolidated
               keuangan konsolidasian.                                       financial statements.
          -   Panduan tambahan diberikan tentang cara                      - Enhance guidance is provided on how to group
              mengelompokkan informasi dalam laporan                         information in the consolidated financial statements.
              keuangan konsolidasian.
          Sebagai tambahan, Grup diwajibkan menggunakan                    In addition, the Group is required to use the operating
          subtotal laba operasi sebagai poin awal dalam laporan            profit subtotal as the starting point for the statement of
          arus kas ketika menyajikan arus kas operasi dalam                cash flows when presenting operating cash flows under
          metode tidak langsung. Grup masih dalam proses                   the indirect method. The Group is still in the process of
          menilai dampak PSAK 118, khususnya terkait struktur              assessing the impact of PSAK 118, particularly with
          laporan laba rugi konsolidasian Grup. Grup juga sedang           respect to the structure of the Group’s consolidated
          menilai dampak terhadap pengelompokan informasi                  statement of profit or loss and the statement of cash flows.
          dalam laporan keuangan konsolidasian, termasuk untuk             The Group is also assessing the impact on how
          pos-pos yang saat ini berlabel ‘lain-lain’.                      information is grouped in the consolidated financial
                                                                           statements, including for items currently labelled as
                                                                           ‘other’.




                                                                 13
Page 224
            PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
             PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES/
                  CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                   NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
           (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)



3.   KEBIJAKAN AKUNTANSI MATERIAL                                                 3. MATERIAL ACCOUNTING POLICIES
     Kebijakan akuntansi material yang diterapkan secara                The material accounting policies consistently applied in
     konsisten dalam penyusunan laporan keuangan                        the preparation of the consolidated financial statements
     konsolidasian adalah sebagai berikut:                              were as follows:
     a. Prinsip konsolidasi                                             a. Basis of consolidation
         Entitas anak                                                    Subsidiaries
         Laporan keuangan konsolidasian meliputi laporan                 The consolidated financial statements include the
         keuangan Perseroan dan entitas anak. Entitas anak               financial statements of the Company and its subsidiaries.
         adalah entitas yang dikendalikan oleh Grup. Grup                Subsidiaries are entities controlled by the Group. The
         mengendalikan suatu entitas ketika Grup terekspos               Group controls an entity when it is exposed to, or has
         dengan, atau memiliki hak atas, imbal hasil variabel            rights to, variable returns from its involvement with the
         dari keterlibatan Grup dengan entitas anak dan                  subsidiary and has the ability to affect those returns
         memiliki kemampuan untuk mempengaruhi imbal                     through its power over the subsidiary.
         hasil tersebut melalui kekuasaannya atas entitas anak.
         Entitas anak dikonsolidasikan sejak tanggal Grup                Subsidiaries are consolidated from the date on which
         memperoleh pengendalian efektif dan tidak lagi                  effective control is obtained by the Group and is no longer
         dikonsolidasikan sejak pengendalian tersebut tidak              consolidated from the date that control ceased.
         lagi dimiliki.
         Kebijakan akuntansi yang digunakan dalam laporan                The accounting policies adopted in the consolidated
         keuangan konsolidasian diterapkan secara konsisten              financial statements are consistently applied by the
         oleh Grup.                                                      Group.
          Perubahan dalam bagian kepemilikan Grup pada                   Changes in Group’s ownership interest in subsidiaries
          entitas anak yang tidak mengakibatkan hilangnya                that do not result in the loss of control are accounted for
          pengendalian dicatat sebagai transaksi ekuitas.                as equity transactions. Any difference between the
          Perbedaan antara jumlah tercatat kepentingan                   adjusted carrying amount of non-controlling interest and
          nonpengendali yang disesuaikan dan nilai wajar                 the fair value of the consideration paid or received is
          imbalan yang dibayarkan atau diterima langsung                 recognized directly in equity attributable to the owners of
          diakui dalam ekuitas yang dapat diatribusikan pada             the Company.
          pemilik entitas induk.
         Ketika Grup kehilangan kendali atas entitas anak,               When the Group loses control over a subsidiary, it
         Grup menghentikan pengakuan aset dan liabilitas                 derecognises the assets and liabilities of the subsidiary,
         entitas anak, dan kepentingan nonpengendali terkait             and any related non-controlling interests and other
         dan komponen ekuitas lainnya. Laba atau rugi yang               components of equity. Any resulting gain or loss is
         timbul diakui dalam laba rugi. Kepentingan yang                 recognized in profit or loss. Any interest retained in the
         dipertahankan di entitas anak terdahulu diukur sebesar          former subsidiary is measured at fair value when the
         nilai wajar ketika pengendalian hilang dan selanjutnya          control is lost and subsequently accounts for it as an
         mencatat sisa investasi tersebut sebagai entitas                associate, joint venture or financial asset.
         asosiasi, ventura bersama atau aset keuangan.
         Transaksi yang dieliminasi pada saat konsolidasi                Transactions eliminated on consolidation
         Seluruh transaksi intragrup, serta saldo dan                    All intra-group transactions, balances and unrealized
         keuntungan yang belum direalisasi dari transaksi                gains on the transactions are eliminated.
         tersebut dieliminasi.
         Kepentingan nonpengendali                                       Non-controlling interests
         Kepentingan nonpengendali diukur pada awalnya                   Non-controlling interest are measured initially at their
         sebesar bagian proporsionalnya atas aset neto                   proportionate share of the acquiree’s identifiable net
         teridentifikasi dari pihak yang diakuisisi pada tanggal         assets at the date of acquisition and adjusted by
         akuisisi dan selanjutnya disesuaikan dengan proporsi            proportion of changes in equity of subsidiaries.
         atas perubahan ekuitas pada entitas anak.
         Kepentingan nonpengendali disajikan di ekuitas                  Non-controlling interest is presented in the consolidated
         dalam laporan posisi keuangan konsolidasian, terpisah           statement of financial position within equity, separately
         dari ekuitas yang dapat diatribusikan kepada pemilik            from the equity attributable to the owners of the Company.
         entitas induk. Laba atau rugi dan setiap komponen               Profit or loss and each component of other comprehensive
         penghasilan komprehensif lain diatribusikan pada                income are attributed to the owners of the Company and
         pemilik entitas induk dan kepada kepentingan                    to the non-controlling interest based on the ownership
         nonpengendali berdasarkan proporsi kepemilikan.                 interest proportionally.




                                                                   14
Page 225
             PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
              PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES/
                    CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                     NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
             (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)




3. KEBIJAKAN AKUNTANSI MATERIAL                                                 3. MATERIAL ACCOUNTING POLICIES
____(Lanjutan)                                                                                        (Continued)

    b. Transaksi dengan pihak-pihak berelasi                         b. Related parties transactions
        Dalam laporan keuangan konsolidasian ini, istilah               In these consolidated financial statements, the related
        pihak berelasi yang digunakan sesuai dengan PSAK                party terms used are in accordance with PSAK 224,
        224, Pengungkapan Pihak-pihak Berelasi. Seluruh                 Related Parties Disclosures. All significant transactions
        transaksi dan saldo yang signifikan dengan pihak-               and balances with related parties, are disclosed in the
        pihak berelasi, diungkapkan dalam catatan atas                  notes to the consolidated financial statements.
        laporan keuangan konsolidasian.
    c. Kas dan setara kas                                            c. Cash and cash equivalents

        Kas dan setara kas Grup meliputi kas, kas di bank dan           Cash and cash equivalents of the Group include cash on
        deposito berjangka yang jatuh temponya tidak lebih              hand, cash in banks and short-term time deposits with
        dari tiga bulan dari tanggal perolehannya.                      maturities of not more than three months from the date of
                                                                        acquisition.
    d. Instrumen keuangan                                             d. Financial instruments
        (i) Pengakuan dan pengukuran awal                               (i) Recognition and initial measurement
               Aset keuangan dan liabilitas keuangan diakui                    Financial assets and financial liabilities are initially
               pertama kali pada saat Grup menjadi salah satu                  recognized when the Group becomes a party to the
               pihak dalam ketentuan kontraktual instrumen                     contractual provisions of the instruments.
               tersebut.

               Aset keuangan (kecuali merupakan piutang tanpa                   A financial asset (unless it is a receivable without
               komponen pendanaan signifikan) atau liabilitas                   significant financing component) or financial
               keuangan pada awalnya diukur pada nilai wajar                    liability is initially measured at fair value plus or
               ditambah atau dikurangi, untuk item yang tidak                   minus, for item not measured at fair value through
               diukur pada nilai wajar melalui laba rugi                        profit or loss (“FVTPL”), transaction costs that are
               (“FVTPL”), biaya transaksi yang dapat                            directly attributable to its acquisition or issue. A
               diatribusikan secara langsung pada perolehan atau                receivable without a significant financing
               penerbitannya.     Piutang    tanpa    komponen                  component is initially measured at the transaction
               pendanaan signifikan pada awalnya diukur pada                    price.
               harga transaksi.
      (ii)     Aset keuangan                                            (ii)     Financial assets
               Pada      pengakuan   awal,   aset    keuangan                    On initial recognition, a financial asset is classified
               diklasifikasikan sebagai diukur pada biaya                        as measured at amortized cost; fair value through
               perolehan diamortisasi; nilai wajar melalui                       other comprehensive income (“FVOCI”) – debt
               penghasilan komprehensif lain (“FVOCI”) –                         investment; FVOCI – equity investment; or FVTPL.
               investasi utang; FVOCI – investasi ekuitas; atau
               FVTPL.
               Aset keuangan tidak direklasifikasi setelah                       Financial assets are not reclassified subsequent to
               pengakuan awalnya kecuali jika Perseroan dan                      their initial recognition, unless the Company and
               entitas anaknya mengubah model bisnisnya dalam                    subsidiaries change its business model for managing
               mengelola aset keuangan di mana dalam hal ini                     financial assets in which case all affected financial
               semua aset keuangan yang terkena dampak                           assets are reclassified on the first day of the first
               direklasifikasi pada hari pertama periode                         reporting period following the change in the
               pelaporan setelah perubahan dalam model bisnis.                   business model.




                                                                15
Page 226
               PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
                PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES/
                      CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                       NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
               (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)




3.   KEBIJAKAN AKUNTANSI MATERIAL                                               3. MATERIAL ACCOUNTING POLICIES
     (Lanjutan)                                                                                       (Continued)
     d. Instrumen keuangan (Lanjutan)                                  d. Financial instruments (Continued)
        (ii)     Aset keuangan (lanjutan)                                (ii)   Financial assets (continued)

                 Aset keuangan diukur pada biaya perolehan                      A financial asset is measured at amortized cost if it
                 diamortisasi jika memenuhi dua kondisi berikut:                meets both of the following conditions:
                 - Dikelola dalam model bisnis dengan tujuan                    - It is held within a business model whose objective
                   memiliki aset untuk mendapatkan arus kas                       is to hold assets to collect contractual cash flows;
                   kontraktual; dan                                               and
                 - Persyaratan kontraktual menghasilkan arus kas                - its contractual terms give rise on specified dates to
                   pada tanggal tertentu yang semata dari                         cash flows that are solely payments of principal
                   pembayaran pokok dan bunga dari jumlah pokok                   and interests on the principal amount outstanding.
                   terutang.
                 Aset keuangan yang diukur pada biaya perolehan                 The financial assets measured at amortized cost are
                 diamortisasi selanjutnya diukur menggunakan                    subsequently measured using the effective interest
                 metode suku bunga efektif. Jumlah tercatat bruto               method. The gross carrying amount is reduced by
                 dikurangi dengan kerugian penurunan nilai.                     impairment losses. Interest income, foreign
                 Pendapatan bunga, keuntungan dan kerugian                      exchange gains and losses and impairment are
                 selisih kurs dan penurunan nilai diakui dalam laba             recognized in profit or loss. Gains or losses on
                 rugi. Keuntungan atau kerugian dari penghentian                derecognition of these financial assets are
                 pengakuan diakui dalam laba rugi.                              recognized in profit or loss.
        (ii)     Liabilitas keuangan                                     (iii) Financial liabilities
                 Liabilitas keuangan diklasifikasikan sebagai                   Financial liabilities are classified as either
                 diukur pada biaya perolehan diamortisasi, atau                 measured at amortized cost, or FVTPL. A financial
                 FVTPL. Suatu liabilitas keuangan diklasifikasikan              liability is classified as FVTPL if it is classified as
                 sebagai FVTPL jika diklasifikasikan sebagai                    held-for-trading, it is a derivative, or it is designated
                 dimiliki-untuk   diperdagangkan,      merupakan                as such on initial recognition.
                 derivatif, atau ditetapkan untuk diukur pada
                 FVTPL pada saat pengakuan awal.
                 Liabilitas keuangan yang diukur pada biaya                     Financial liabilities measured at amortized cost are
                 perolehan diamortisasi selanjutnya diukur                      subsequently measured using the effective interest
                 menggunakan metode suku bunga efektif. Beban                   method. Interest expense and foreign exchange gains
                 bunga dan keuntungan dan kerugian selisih kurs                 and losses are recognized in profit or loss. Gains or
                 diakui pada laba rugi. Setiap keuntungan atau                  losses on derecognition are also recognized in profit
                 kerugian dari penghentian pengakuan juga diakui                or loss.
                 dalam laba rugi.
        (iv)     Penghentian pengakuan                                  (iv)    Derecognition

                 Aset keuangan                                                  Financial assets
                 Grup melakukan transaksi di mana Grup                          The Group enters into transactions whereby it
                 mengalihkan aset yang diakui dalam laporan                     transfers assets recognized in its statement of
                 posisi keuangan, tetapi mempertahankan seluruh                 financial position, but retains either all or
                 ataupun secara substansial seluruh risiko dan                  substantially all of the risks and reward of the
                 manfaat dari aset yang dialihkan. Dalam kasus ini,             transferred assets. In these cases, the transferred
                 aset    yang     dialihkan    tidak    dihentikan              assets are not derecognized.
                 pengakuannya.

                 Liabilitas keuangan                                            Financial liabilities
                 Grup juga menghentikan pengakuan liabilitas                    The Group also derecognizes a financial liability
                 keuangan saat jangka waktunya dimodifikasi dan                 when its terms are modified and the cash flows of
                 arus kas dari liabilitas yang dimodifikasi berbeda             the modified liability are substantially different, in
                 secara substansial, dimana liabilitas keuangan                 which case a new financial liability, based on the
                 baru, berdasarkan jangka waktu yang                            modified terms, is recognized at fair value.
                 dimodifikasi tersebut diakui pada nilai wajar.




                                                                  16
Page 227
              PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
               PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES/
                     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                      NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
              (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)


3.   KEBIJAKAN AKUNTANSI MATERIAL                                             3. MATERIAL ACCOUNTING POLICIES
     (Lanjutan)                                                                                     (Continued)
     d. Instrumen keuangan (Lanjutan)                                d. Financial instruments (Continued)

        (v)    Saling hapus                                            (v)    Offsetting

                Aset keuangan dan liabilitas keuangan dapat                   Financial assets and financial liabilities are offset
                saling hapus dan jumlah netonya disajikan dalam               and the net amount presented in the consolidated
                laporan posisi keuangan konsolidasian jika, dan               statement of financial position when, and only when,
                hanya jika, Grup saat ini memiliki hak yang                   the Group currently has a legally enforceable right
                berkekuatan hukum untuk melakukan saling                      to set off the amounts and it intends either to settle
                hapus dan bermaksud untuk menyelesaikannya                    them on a netbasis or to realize the asset and settle
                secara neto atau untuk merealisasikan aset dan                the liability simultaneously.
                menyelesaikan liabilitas secara bersamaan.
        (vi) Penurunan nilai                                           (vi)   Impairment
                Grup mengakui penyisihan kerugian untuk                       The Group recognizes loss allowances for expected
                kerugian kredit ekspektasian (“KKE”) atas aset                credit loss (“ECL”) on financial assets measured at
                keuangan yang diukur pada biaya perolehan                     amortized cost.
                diamortisasi.
                Penyajian penyisihan KKE dalam laporan posisi                 Presentation of allowance for ECL in the
                keuangan konsolidasian                                        consolidated statement of financial position
                Penyisihan kerugian untuk aset keuangan yang                  Loss allowances for financial assets measured at
                diukur pada biaya perolehan diamortisasi                      amortized cost are deducted from the gross carrying
                dikurangkan dari jumlah tercatat bruto. Grup                  amount of the assets. The Group measures loss
                mengukur penyisihan kerugian pada jumlah yang                 allowances at an amount that reflects the lifetime
                mencerminkan KKE sepanjang umurnya, kecuali                   ECL, except for cash in bank for which credit risk
                untuk kas di bank dimana risiko kredit (yaitu                 (i.e. the risk of default occurring over the expected
                risiko gagal bayar yang terjadi selama umur                   life of the financial instrument) has not increased
                ekspektasian dari instrumen keuangan) tidak                   significantly since initial recognition, wherein the
                meningkat secara signifikan sejak pengakuan                   loss allowances are determined based on 12-month
                awal, sehingga penyisihan kerugian ditentukan                 ECL.
                berdasarkan KKE 12 bulan.
                Penyisihan kerugian untuk piutang usaha dan lain-             Loss allowances for trade and other receivables that
                lain yang diukur pada biaya perolehan                         are measured at amortized cost, are measured at an
                diamortisasi, selalu diukur pada jumlah yang                  amount that represents the lifetime ECL.
                mencerminkan KKE sepanjang umurnya.

     e. Persediaan                                                   e. Inventory
        Persediaan diukur pada mana yang lebih rendah antara            Inventories are measured at the lower of cost and net
        biaya perolehan dan nilai realisasi neto; biaya perolehan       realizable value; cost is determined using the average
        ditentukan dengan metode rata-rata, dan mencakup                method, and includes expenditures incurred in acquiring
        pengeluaran yang terjadi untuk memperoleh persediaan,           the inventories, production or conversion costs and other
        biaya produksi atau biaya konversi serta biaya lain yang        costs incurred in bringing them to their existing location
        timbul sampai persediaan berada di lokasi dan kondisi           and condition. In the case of manufactured inventories
        saat ini. Dalam hal persediaan yang diproduksi dan              and work in process, cost includes an appropriate share
        persediaan dalam pengolahan, biaya persediaan                   of production overheads based on normal operating
        termasuk overhead produksi yang dialokasikan                    capacity.
        berdasarkan kapasitas produksi normal.
        Nilai realisasi neto adalah estimasi harga jual dalam           Net realizable value is the estimated selling price in the
        kegiatan usaha normal dikurangi dengan estimasi biaya           ordinary course of business less the estimated costs of
        penyelesaian dan estimasi biaya yang diperlukan untuk           completion and the estimated costs necessary to make the
        membuat penjualan.                                              sale.




                                                                17
Page 228
            PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
              PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                  CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                   NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
           (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)


3.   KEBIJAKAN AKUNTANSI MATERIAL                                                 3. MATERIAL ACCOUNTING POLICIES
     (Lanjutan)                                                                                         (Continued)
     f. Aset tetap                                                      f. Fixed assets
        Pada tahun 2011, Grup melakukan kuasi reorganisasi                  In 2011, the Group conducted quasi reorganization for the
        dengan tujuan menghapuskan akumulasi defisit per                    purpose to eliminate accumulated deficit as of 30 June
        tanggal 30 Juni 2011. Kuasi-reorganisasi dilakukan                  2011. The quasi-reorganization is conducted using the
        dengan menerapkan metode akuntansi reorganisasi                     accounting reorganization method, where all assets and
        dimana aset dan liabilitas dinilai kembali sebesar nilai            liabilities are revalued at their fair value.
        wajarnya.
        Setelah kuasi reorganisasi, hasil penilaian kembali aset            After quasi-reorganization, the revaluated amounts of
        tetap pada tanggal kuasi reorganisasi dianggap sebagai              fixed assets at quasi-reorganization date are deemed as
        biaya perolehan yang baru. Grup tetap melanjutkan                   new costs. The Group continues to use cost model for
        menggunakan model biaya untuk akuntansi aset                        accounting of its fixed assets.
        tetapnya.
        Tanah yang diperoleh melalui Hak Guna Bangunan                      Land acquired under Hak Guna Bangunan (“HGB”) title
        (“HGB”) diukur pada biaya perolehan (termasuk biaya                 is measured at acquisition cost (include legal and
        legal dan administrasi yang dikeluarkan dalam transaksi             administrative costs incurred in transactions to acquire
        perolehan tanah) dan tidak diamortisasi.                            the land) and is not amortized.
        Aset tetap lainnya (termasuk aset hak-guna, lihat                   Other fixed assets (including right-of-use assets, see Note
        Catatan 3g) diukur dengan model biaya, yaitu awalnya                3g) are measured using the cost model, i.e. initially
        diukur pada biaya perolehan dan selanjutnya dicatat                 measured at cost and subsequently are carried net of
        setelah dikurangi akumulasi penyusutan dan akumulasi                accumulated depreciation and accumulated impairment
        kerugian penurunan nilai.                                           losses.
        Penyusutan diterapkan dengan menggunakan metode                     Depreciation is applied using the straight-line method
        garis lurus, berdasarkan estimasi masa manfaat aset,                over the estimated useful lives of the assets, as follows:
        sebagai berikut:
                                                                Tahun/Years
                                                                      Aset tetap yang diperoleh setelah
                                    Aset tetap per tanggal kuasi       tanggal kuasi reorganisasi/Fixed
                                   reorganisasi/Fixed assets as at        assets acquired after quasi
                                     quasi reorganization date               reorganization date
        Bangunan dan prasarana                16 – 30                               5 – 30                      Buildings and improvement
        Mesin dan peralatan                    2 – 15                               2 – 16                       Machinery and equipment
        Peralatan kantor                         5                                     5                                  Office equipment
        Kendaraan                                5                                     5                                           Vehicles

        Beban perbaikan dan pemeliharaan diakui dalam laba                   Normal repair and maintenance expenses are recognized
        rugi pada saat terjadinya, sedangkan pengeluaran                     in profit or loss as incurred, while subsequent
        selanjutnya dikapitalisasi hanya jika kemungkinan besar              expenditure is capitalized only if it is probable that the
        manfaat ekonomik masa depan sehubungan dengan                        future economic benefits associated with the expenditure
        pengeluaran tersebut akan diterima oleh Grup.                        will flow to the Group.
        Jika bagian yang signifikan dari aset tetap mempunyai                If significant parts of an item of fixed assets have different
        masa manfaat yang berbeda, maka bagian tersebut                      useful lives, then they are accounted for as separate items
        diperhitungkan sebagai komponen aset tetap tersendiri.               of fixed assets.
        Masa manfaat dan metode penyusutan (termasuk nilai                   The estimated useful lives and depreciation methods
        residu, jika berlaku) ditelaah sekurang-kurangnya pada               (including residual value, if applicable) are reviewed at
        setiap tanggal pelaporan dan dampak dari perubahan                   least at each reporting date, with the effect of any
        estimasi tersebut diakui secara prospektif.                          changes in estimate accounted for on a prospective basis.
        Aset tetap yang dilepas atau telah dijual, dikeluarkan               Fixed assets that are disposed or are sold, are removed
        dari kelompok aset tetap yang bersangkutan dan                       from the related group of fixed assets, and the gains or
        keuntungan atau kerugian yang terjadi diakui dalam laba              losses are recognized in profit or loss.
        rugi.
        Aset dalam penyelesaian akan direklasifikasi ke                      Assets under constructions are reclassified to the
        masing-masing aset tetap yang bersangkutan pada saat                 respective categories of fixed assets when completed.
        selesai. Penyusutan dimulai pada saat aset tersebut siap             Depreciation is charged from the date the assets are
        untuk digunakan sesuai dengan intensi manajemen.                     ready for use as intended by management.
                                                                 18
Page 229
             PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
               PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                   CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                    NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
            (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)



3.   KEBIJAKAN AKUNTANSI MATERIAL                                           3. MATERIAL ACCOUNTING POLICIES
     (Lanjutan)                                                                                   (Continued)

     g.   Sewa                                                        g. Leases

           Pada tanggal insepsi suatu kontrak, Grup menilai             At inception of a contract, the Group assesses whether a
           apakah suatu kontrak merupakan atau mengandung               contract is, or contains, a lease. A contract is, or
           suatu sewa. Suatu kontrak merupakan atau                     contains, a lease if the contract conveys the right to
           mengandung suatu sewa jika kontrak tersebut                  control the use of an identified asset for a period of time
           memberikan hak untuk mengendalikan penggunaan                in exchange for consideration. A contract conveys the
           aset identifikasian selama suatu jangka waktu untuk          right to control the use of an identified asset if all of the
           dipertukarkan dengan imbalan. Suatu kontrak                  following conditions are met:
           memberikan hak untuk mengendalikan suatu aset
           identifikasian jika semua kondisi berikut terpenuhi:
          - Kontrak melibatkan penggunaan seluruh kapasitas            -     The contract involves the use of substantially all of
              suatu aset identifikasian secara substansial yang              the capacity of an identified asset that is physically
              secara fisik dapat dibedakan (sebagaimana                      distinct (as specified explicity or implicity in the
              dinyatakan secara eksplisit atau implisit dalam                contract). If the supplier has a substantive
              kontrak). Jika pemasok memiliki hak substitusi                 substitution right, then the asset cannot be
              substantif, maka aset tersebut tidak dapat dianggap            considered as identifiable;
              teridentifikasi;
          - Grup memiliki hak untuk memperoleh secara                  -     The Group has the right to obtain substantially all
              substansial seluruh manfaat ekonomik dari                      of the economic benefits from the use of the asset
              penggunaan aset selama periode penggunaan; dan                 throughout the period of use; and
          - Grup memiliki hak untuk mengarahkan penggunaan             -     The Group has the right to direct the use of the
              aset identifikasian, yaitu Grup memiliki hak                   identified asset, i.e. it has decision-making rights
              pengambilan keputusan yang paling relevan untuk                that are most relevant to changing how and for what
              mengubah bagaimana dan untuk tujuan apa aset                   purpose the asset is used.
              tersebut digunakan.
          Pada tanggal insepsi atau pada saat penilaian kembali        At inception or on reassessment of a contract that contains
          suatu kontrak yang mengandung komponen sewa, Grup            a lease component, the Group allocates the consideration
          mengalokasikan imbalan dalam kontrak ke setiap               in the contract to each lease component on the basis of
          komponen sewa berdasarkan harga tersendiri relatif           their relative stand-alone prices.
          dari komponen sewa.
          Grup mengakui aset hak-guna dan liabilitas sewa pada         The Group recognizes a right-of-use asset and a lease
          tanggal dimulainya sewa. Aset hak-guna awalnya               liability at the lease commencement date. The right-of-use
          diukur pada biaya perolehan, yang terdiri dari jumlah        asset is initially measured at cost, which comprises the
          awal dari liabilitas sewa disesuaikan dengan                 initial amount of the lease liability adjusted for any lease
          pembayaran sewa yang dilakukan pada atau sebelum             payments made at or before the commencement date, plus
          tanggal permulaan, ditambah dengan biaya langsung            any initial direct costs incurred and an estimate of costs
          awal yang dikeluarkan dan estimasi biaya untuk               to dismantle and remove the underlying asset or to restore
          membongkar dan memindahkan aset pendasar atau                the underlying asset or the site on which it is located, less
          untuk merestorasi aset pendasar atau tempat dimana           any lease incentives received.
          aset berada, dikurangi insentif sewa yang diterima.
          Aset hak-guna selanjutnya disusutkan dengan                  The right-of-use asset is subsequently depreciated using
          menggunakan metode garis-lurus sejak tanggal                 the straight-line method from the commencement date to
          permulaan hingga tanggal yang lebih awal antara akhir        the earlier of the end of the useful life of the right-of-use
          masa manfaat dari aset hak-guna atau akhir masa sewa.        asset or the end of the lease term. The estimated useful
          Estimasi masa manfaat dari aset hak-guna ditentukan          lives of right-of-use assets are determined on the same
          dengan basis yang sama dengan aset tetap. Selain itu,        basis as those of fixed assets. In addition, the right-of-use
          aset hak-guna secara berkala dikurangi dengan kerugian       asset is periodically reduced by impairment losses, if any,
          penurunan nilai, jika ada, dan disesuaikan untuk             and adjusted for certain remeasurements of the lease
          pengukuran kembali liabilitas sewa.                          liability.
          Liabilitas sewa pada awalnya diukur pada nilai kini          The lease liability is initially measured at the present
          pembayaran sewa yang belum dibayar pada tanggal              value of the lease payments that are not paid at the
          permulaan, didiskontokan menggunakan suku bunga              commencement date, discounted using the interest rate
          implisit dalam sewa atau, jika suku bunga tersebut tidak     implicit in the lease or, if that rate cannot be readily
          dapat ditentukan, suku bunga pinjaman inkremental            determined, the Group’s incremental borrowing rate.
          Grup.

                                                                 19
Page 230
             PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
               PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                   CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                    NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
            (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)



3.   KEBIJAKAN AKUNTANSI MATERIAL                                               3. MATERIAL ACCOUNTING POLICIES
     (Lanjutan)                                                                                       (Continued)
     g. Sewa (Lanjutan)                                                    g.   Leases (Continued)
          Grup     menentukan      suku    bunga    pinjaman                    The Group determines its incremental borrowing rate
          inkrementalnya dengan mendapatkan suku bunga dari                     by obtaining interest rates from various external
          berbagai sumber pembiayaan eksternal dan membuat                      financing sources and makes certain adjustments to
          penyesuaian tertentu untuk mencerminkan persyaratan                   reflect the terms of the lease and type of the asset
          sewa dan jenis aset sewaan.                                           leased.
          Pembayaran sewa yang termasuk dalam pengukuran                        Lease payments included in the measurement of the
          liabilitas sewa meliputi:                                             lease liability consist of the following:
          -     Pembayaran tetap, termasuk pembayaran tetap                     -    Fixed payments, including in-substance fixed
                secara substansi;                                                    payments;
           -    Pembayaran sewa variabel yang bergantung pada                   -    Variable lease payments that depend on an index
                suatu indeks atau suku bunga, yang pada awalnya                      or a rate, initially measured using the index or
                diukur menggunakan indeks atau suku bunga pada                       the rate as at the commencement date;
                tanggal permulaan;
           -    Jumlah yang diperkirakan akan dibayarkan dalam                  -   Amounts expected to be payable under a residual
                jaminan nilai residual; dan                                         value guarantee; and
           -    Harga eksekusi opsi beli dimana Grup cukup pasti                -   The exercise price under a purchase option that
                akan mengeksekusi opsi tersebut, pembayaran                         the Group is reasonably certain to exercise,
                sewa dalam periode perpanjangan opsional jika                       lease payments in an option renewal period if the
                Grup     cukup      pasti    mengeksekusi      opsi                 Group is reasonably certain to exercise an
                perpanjangan, dan penalti untuk penghentian dini                    extension option, and penalties for early
                dari sewa kecuali jika Grup cukup pasti untuk tidak                 termination of a lease unless the Group is
                mengakhiri lebih dini.                                              reasonably certain not to terminate early.
          Liabilitas sewa diukur pada biaya perolehan                       The lease liability is measured at amortized cost using
          diamortisasi menggunakan metode suku bunga efektif.               the effective interest method. It is remeasured when there
          Liabilitas sewa diukur kembali ketika ada perubahan               is a change in future lease payments arising from a
          pembayaran sewa masa depan yang timbul dari                       change in an index or rate, if there is a change in the
          perubahan indeks atau suku bunga, jika ada perubahan              Group’s estimate of the amount expected to be payable
          dalam estimasi Grup atas jumlah yang diperkirakan                 under a residual value guarantee, or if the Group
          akan dibayar dalam jaminan nilai residual, atau jika              changes its assessment of whether it will exercise a
          Grup mengubah nilainya apakah akan mengekseskusi                  purchase, extension, or termination option.
          opsi beli, perpanjangan atau penghentian.

          Ketika liabilitas sewa diukur dengan cara ini,                    When the lease liability is measured this way, either a
          penyesuaian terkait dilakukan terhadap jumlah tercatat            corresponding adjustment is made to the carrying
          aset hak-guna, atau dicatat dalam laba rugi jika jumlah           amount of the right-of-use asset, or the amount is
          tercatat aset hak-guna telah berkurang menjadi nol.               recorded in profit or loss if the carrying amount of the
                                                                            right-of-use asset has been reduced to zero.

          Aset hak-guna Grup disajikan sebagai “Aset Tetap” di              The Group right-of-use assets are presented as “Fixed
          dalam laporan posisi keuangan konsolidasian.                      Assets” in the consolidated statement of financial
                                                                            position.
          Sewa jangka pendek dan sewa aset bernilai rendah                  Short-term leases and leases of low-value assets
          Grup telah memilih untuk tidak mengakui aset hak-                 The Group has elected not to recognize right-of-use
          guna dan liabilitas sewa untuk sewa jangka pendek                 assets and lease liabilities for short-term leases that have
          yang memiliki masa sewa 12 bulan atau kurang dan                  a lease term of 12 months or less and leases of low value
          sewa atas aset bernilai rendah. Grup mengakui                     assets. The Group recognizes the lease payments
          pembayaran sewa terkait dengan sewa ini sebagai beban             associated with these leases as an expense on a straight-
          dengan metode garis lurus selama masa sewa.                       line basis over the lease term.
     h.   Properti investasi                                          h.    Investment property
          Properti investasi adalah properti yang dikuasai untuk            Investment property is property held to earn rental or for
          menghasilkan rental atau untuk kenaikan nilai atau                capital appreciation or both, not for use in the
          keduanya, bukan untuk digunakan dalam produksi atau               production or supply of goods or services, nor for
          penyediaan barang atau jasa, atau untuk tujuan                    administrative purposes.
          administratif.
                                                                20
Page 231
             PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
               PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                   CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                    NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
            (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)


3.   KEBIJAKAN AKUNTANSI MATERIAL                                            3. MATERIAL ACCOUNTING POLICIES
     (Lanjutan)                                                                                    (Continued)

     h.   Properti investasi (Lanjutan)                             h.   Investment property (Continued)
          Properti investasi diukur berdasarkan model biaya,             Investment property is accounted for using the cost
          dimana pada awalnya semua pengeluaran yang dapat               model, whereby on initial recognition, all expenditure
          diatribusikan secara langsung dikapitalisasi ke                that is directly attributable to the acquisition of the
          perolehan properti, dan dibawa ke periode berikutnya.          property is capitalized and is carried as such in
          Tanah yang dimiliki sebagai investasi properti tidak           subsequent periods. Land held as investment property is
          diamortisasi.                                                  not amortized.
     i.   Penurunan nilai aset nonkeuangan                          i.   Impairment of non-financial assets
          Jumlah tercatat dari setiap unit penghasil kas (“UPK”)         The carrying amount of each cash-generating unit
          dalam aset nonkeuangan ditelaah pada setiap tanggal            (“CGU”) within non-financial assets is reviewed at each
          pelaporan untuk menentukan apakah terdapat indikasi            reporting date to determine whether there is any
          penurunan nilai. Jika terdapat indikasi tersebut, maka         indication of impairment. If any such indications exist
          jumlah terpulihkan aset tersebut diestimasi.                   then the asset’s recoverable amount is estimated.
          Kerugian penurunan nilai diakui jika jumlah tercatat           An impairment loss is recognized if the carrying amount
          UPK melebihi jumlah terpulihkannya. UPK adalah                 of a CGU exceeds its recoverable amount. A CGU is the
          kelompok aset terkecil yang dapat diidentifikasi yang          smallest identifiable asset group that generates cash
          menghasilkan arus kas yang sebagian besar independen           flows that largely are independent from other assets.
          dari aset lainnya. Kerugian penurunan nilai diakui             Impairment losses are recognized in profit or loss.
          dalam laba rugi.
          Jumlah terpulihkan dari UPK adalah nilai yang lebih            The recoverable amount of a CGU is the greater of its
          tinggi antara nilai pakainya dan nilai wajarnya                value in use and its fair value less costs of disposal. In
          dikurangi biaya pelepasan. Dalam menilai nilai pakai,          assessing value in use, the estimated future cash flows
          arus kas masa depan yang diestimasi didiskontokan ke           are discounted to their present value using a pre-tax
          nilai kini menggunakan tingkat diskonto sebelum pajak          discount rate that reflects current market assessments of
          yang mencerminkan penilaian pasar saat ini atas nilai          the time value of money and the risks specific to the asset
          waktu uang dan risiko spesifik aset atau UPK tersebut.         or CGU.
          Kerugian penurunan nilai yang diakui pada periode              Impairment losses recognized in prior periods are
          sebelumnya dinilai pada setiap tanggal pelaporan               assessed at each reporting date for any indications that
          apakah ada indikasi bahwa kerugian tersebut telah              the loss has decreased or no longer exists. An
          berkurang atau tidak ada lagi. Kerugian penurunan nilai        impairment loss is reversed if there has been a change in
          dibalik jika ada perubahan dalam estimasi yang                 the estimates used to determine the recoverable amount.
          digunakan untuk menentukan jumlah terpulihkan.                 An impairment loss is reversed only to the extent that the
          Pembalikan kerugian penurunan nilai hanya dilakukan            asset’s carrying amount does not exceed the carrying
          sebatas jumlah tercatat aset tidak melebihi jumlah             amount that would have been determined, net of
          tercatat yang seharusnya diakui, setelah dikurangi             depreciation or amortization, if no impairment loss had
          penyusutan atau amortisasi seandainya kerugian                 been recognized.
          penurunan nilai tidak pernah diakui.
     j.   Imbalan kerja                                             j. Employee benefits
          Imbalan pascakerja                                             Post employment benefits
          Kewajiban imbalan pascakerja dihitung sebesar nilai            The obligation for post employment benefits is
          kini dari estimasi jumlah imbalan pasca kerja di masa          calculated at the present value of estimated future
          depan yang timbul dari jasa yang telah diberikan oleh          benefits that the employees have earned in return for
          karyawan pada masa kini dan masa lalu. Perhitungan             their services in the current and prior periods. The
          dilakukan oleh aktuaris yang berkualifikasi dengan             calculation is performed by a qualified actuary, using
          metode projected unit credit.                                  the projected unit credit method.
          Keuntungan atau kerugian aktuarial dari pengukuran             Gains or losses arising from actuarial remeasurements
          kembali kewajiban imbalan pasti diakui segera dalam            of the net defined benefit liability are recognized
          penghasilan komprehensif lainnya. Ketika manfaat               immediately in other comprehensive income. When the
          program berubah atau ketika suatu kurtailmen atas              benefits of a plan are changed or when a plan is
          program terjadi, dampak perubahan manfaat tersebut             curtailed, the resulting change in benefit that relates to
          yang terkait dengan biaya jasa masa lalu atau                  past service or the gain or loss on curtailment is
          keuntungan/kerugian dari kurtailmen diakui segera              recognized immediately in profit or loss.
          dalam laba rugi.
                                                             21
Page 232
              PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
                PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                    CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                     NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
             (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)



3.   KEBIJAKAN AKUNTANSI MATERIAL                                               3. MATERIAL ACCOUNTING POLICIES
     (Lanjutan)                                                                                       (Continued)
     j. Imbalan kerja (Lanjutan)                                      j. Employee benefits (Continued)
          Imbalan kerja jangka panjang lainnya                             Other long-term employee benefits
          Kewajiban neto Grup atas imbalan kerja jangka panjang            The Group’s net obligation in respect of long-term
          selain imbalan pasca kerja adalah nilai dari imbalan di          employee benefits other than post employment benefits is
          masa depan yang timbul dari jasa yang telah diberikan            the amount of the future benefits that employees have
          oleh karyawan pada masa kini dan masa lalu.                      earned in return for their services in the current and
          Perhitungan dilakukan oleh aktuaris yang berkualifikasi          prior periods. The calculation is performed by a
          dengan menggunakan metode projected unit credit.                 qualified actuary, using the projected unit credit method.
          Keuntungan dan kerugian aktuarial diakui dalam laba              Any actuarial gains and losses are recognized in profit
          rugi pada periode dimana mereka timbul.                          or loss in the period in which they arise.
     k. Pendapatan                                                    k. Revenue
          Pendapatan diukur berdasarkan pertimbangan yang                  Revenue is measured based on the consideration
          ditetapkan dalam kontrak dengan pelanggan. Grup                  specified in a contract with a customer. The Group
          mengakui pendapatan ketika Grup mengalihkan                      recognizes revenue when it transfers control over a
          pengendalian atas suatu produk kepada pelanggan.                 goods to a customer.
          Pendapatan diakui pada saat pelanggan memperoleh                 Revenue is recognized when the customer obtains
          kendali atas barang, biasanya pada saat produk tersebut          control of the goods, usually when the goods is received
          diterima oleh pelanggan (penjualan lokal) dan pada saat          by the customer (local sales) and when the goods are
          produk tersebut dimuat untuk pengiriman di pelabuhan             loaded for shipment at the port (export sales), because
          (penjualan ekspor), karena pada saat itu pelanggan               by that time the customer can direct the use of the goods
          dapat mengarahkan penggunaan dan pelanggan akan                  and the customer will obtain substantially all of the
          memperoleh secara substansial semua manfaat                      economic benefits from the goods.
          ekonomi dari produk tersebut.
          Pendapatan untuk royalti berbasis penjualan yang                 Sales based royalties that are attributable to a licence
          dijanjikan dalam pertukaran untuk lisensi atas kekayaan          of intellectual property when (or as long as) the
          intelektual hanya ketika (atau selama) peristiwa berikut         following events occur:
          terjadi kemudian:
           -     Penjualan selanjutnya terjadi; dan                         -    When the subsequent sales occurs, and
           -     Kewajiban pelaksanaan dimana beberapa atau                 -    The satisfaction or partial satisfaction of the
                 seluruh royalti berbasis penjualan yang telah                   performance obligation to which some or all of
                 dialokasikan telah dipenuhi (atau dipenuhi                      the sales based royalty had been allocated.
                 sebagian)

     l.   Penjabaran mata uang asing                                  l.   Foreign currency translations
          Transaksi dalam mata uang asing dijabarkan dalam                 Transactions in foreign currencies are translated to the
          mata uang fungsional Grup (Rupiah) dengan kurs yang              Group’s functional currency (Rupiah) at the rates of
          berlaku pada tanggal transaksi. Aset dan liabilitas              exchange prevailing at transaction date. Monetary
          moneter dalam mata uang asing dijabarkan ke dalam                assets and liabilities denominated in foreign currencies
          mata uang fungsional dengan kurs yang berlaku pada               are retranslated to the functional currency at the
          tanggal pelaporan. Laba atau rugi kurs atas aset dan             exchange rate at the reporting date. Foreign currency
          liabilitas moneter terdiri dari selisih antara biaya             gain or loss on monetary items are comprised of the
          perolehan diamortisasi yang diukur dalam mata uang               difference between amortized cost measured in the
          fungsional pada awal periode, disesuaikan dengan suku            functional currency at the beginning of the period as
          bunga efektif dan pembayaran selama periode berjalan,            adjusted for effective interest and payments during the
          dan biaya amortisasi yang diukur dalam mata uang                 period, and the amortized cost measured in foreign
          asing yang dijabarkan dengan kurs pada tanggal                   currency translated at the exchange rate at reporting
          pelaporan.                                                       date.

          Aset dan liabilitas non-moneter dalam mata uang asing            Non-monetary assets and liabilities denominated in a
          yang diukur berdasarkan biaya perolehan dijabarkan               foreign currency that are measured at historical cost are
          dengan menggunakan kurs pada tanggal transaksi.                  translated using the exchange rate at the date of the
                                                                           transaction.

          Laba dan rugi kurs atas retranslasi dari aset dan                Foreign currency gains and losses on retranslation of
          liabilitas moneter yang timbul dari aktivitas operasi            monetary assets and liabilities that arise from operating
          umumnya diakui dalam laba rugi.                                  activities are generally recognized in profit or loss.

                                                                 22
Page 233
           PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
             PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                  CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                   NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
           (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)


3.   KEBIJAKAN AKUNTANSI MATERIAL                                            3. MATERIAL ACCOUNTING POLICIES
     (Lanjutan)                                                                                    (Continued)

     m. Pajak penghasilan                                            m. Income tax
        Beban pajak penghasilan terdiri dari pajak kini dan             Income tax expense consist of current and deferred
        pajak tangguhan. Pajak kini dan pajak tangguhan diakui          income tax. Current tax and deferred tax are recognized
        dalam laba rugi kecuali jika pajak tersebut terkait             in profit or loss except to the extent that they relate to
        dengan transaksi yang diakui secara langsung di ekuitas         items recognized directly in equity or in other
        atau di penghasilan komprehensif lainnya.                       comprehensive income.
        Beban pajak kini adalah jumlah pajak yang dibayarkan            Current tax expense is the amount of tax paid, or payable
        atau terutang atas pendapatan kena pajak atau kerugian          on taxable income or loss for the year, using tax rates
        pajak selama tahun berjalan, menggunakan tarif pajak            substantively enacted as of the reporting date. Current tax
        yang secara substantif berlaku pada tanggal pelaporan.          also includes true-up adjustments made to the previous
        Pajak kini juga mencakup penyesuaian terhadap provisi           years’ tax provisions either to reconcile them with the
        pajak yang dibuat tahun-tahun sebelumnya baik untuk             income tax reported in annual tax returns, or to account
        menyesuaikannya dengan pajak penghasilan yang                   for differences arising from tax assessments. Current tax
        dilaporkan dalam SPT pajak penghasilan tahunan, atau            expense is measured using the best estimate of the amount
        untuk memperhitungkan perbedaan-perbedaan yang                  expected to be paid or received, taking into consideration
        timbul dari ketetapan pajak. Beban pajak kini diukur            the uncertainty associated with the complexity of tax
        menggunakan estimasi terbaik dari jumlah yang                   regulations.
        diharapkan untuk dibayar atau diterima, dengan
        mempertimbangkan             ketidakpastian      terkait
        kompleksitas peraturan perpajakan.
        Pajak tangguhan diakui sehubungan dengan                        Deferred tax is recognized in respect of temporary
        perbedaan temporer antara jumlah tercatat aset dan              differences between the carrying amounts of assets and
        liabilitas untuk tujuan pelaporan keuangan dan jumlah           liabilities for financial reporting purposes and the
        yang digunakan untuk tujuan perpajakan. Pajak                   amounts used for taxation purposes. Deferred tax is
        tangguhan diukur dengan menggunakan tarif pajak                 measured at the tax rates that are expected to be applied
        yang diharapkan akan diterapkan terhadap perbedaan              to temporary differences when they reverse, based on the
        temporer pada saat pembalikan, berdasarkan                      laws that have been enacted or substantively enacted as
        peraturan yang telah berlaku atau secara substantif             of the reporting date. This accounting policy also requires
        berlaku pada tanggal pelaporan. Kebijakan akuntansi             the recognition of tax benefits, such as tax loss carry
        ini juga mengharuskan pengakuan manfaat pajak,                  forwards, which are originated in the current period that
        seperti kompensasi rugi fiskal yang timbul di tahun             are expected to be realized in the future periods, to the
        berjalan yang diharapkan untuk direalisasikan di                extent that realization of such benefits is probable.
        periode mendatang, sepanjang realisasi manfaat
        tersebut kemungkinan besar terjadi.
        Aset pajak tangguhan ditelaah pada setiap tanggal               Deferred tax assets are reviewed at each reporting date
        pelaporan dan dikurangi sepanjang kemungkinan                   and are reduced to the extent that it is no longer probable
        besar manfaat pajak terkait tidak akan terealisasi;             that the related tax benefit will be realized; such
        pengurangan tersebut dibalik ketika kemungkinan                 reductions are reversed when the probability of their
        realisasi melalui laba kena pajak di masa depan                 realization through future taxable profits improves.
        meningkat.
        Aset pajak tangguhan yang tidak diakui dinilai                  Unrecognized deferred tax assets are reassessed at each
        kembali pada setiap tanggal pelaporan dan diakui                reporting date and recognized to the extent that it has
        sepanjang besar kemungkinan laba kena pajak di masa             become probable that future taxable profits will be
        depan akan tersedia untuk digunakan.                            available against which they can be used.

     n. Pendapatan keuangan dan beban keuangan                      n. Finance income dan finance costs
        Pendapatan keuangan terdiri dari pendapatan bunga             Finance income is comprised of interest income on funds
        atas dana yang diinvestasikan.                                invested.
        Beban keuangan terdiri dari beban bunga pinjaman              Finance costs comprise interest expense on borrowings
        dan liabilitas sewa.                                          and lease liabilities.




                                                               23
Page 234
              PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
                PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                    CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                     NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
             (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)


3.   KEBIJAKAN AKUNTANSI MATERIAL                                                  3. MATERIAL ACCOUNTING POLICIES
     (Lanjutan)                                                                                          (Continued)
      o. Informasi segmen                                                o. Segment reporting
         Segmen operasi adalah suatu komponen dari Grup yang                 An operating segment is a component of the Group that
         melakukan aktivitas bisnis yang menghasilkan                        engages in business activites from which it may earn
         pendapatan dan menimbulkan beban, termasuk                          revenues and incur expenses, including revenues and
         pendapatan dan beban terkait atas transaksi dengan                  expenses relating to transactions with other components.
         komponen lain, Grup mengidentifikasikan segmen                      The Group identifies its operating segments on the basis of
         operasi berdasarkan pelaporan internal yang dikaji                  internal reports that are regularly reviewed by the chief
         secara berkala oleh pengambil keputusan operasional                 operating decision maker in order to allocate resources to
         utama dalam rangka mengalokasikan sumber daya dan                   the segment and assess its performance.
         menilai kinerja segmen operasi tersebut.
         Segmen operasi dilaporkan dengan cara yang konsisten               Operating segments are reported in a manner consistent
         dengan pelaporan internal yang diberikan kepada                    with the internal reporting provided to the Board of
         Direksi sebagai pengambil keputusan operasional                    Directors as the Group’s chief operating decision maker.
         Grup.
      p. Rugi per saham                                                  p. Loss per share
         Rugi per saham dihitung dengan membagi rugi tahun                  Loss per share are computed by dividing loss for the year
         berjalan dengan jumlah rata-rata tertimbang saham                  by the weighted average number of total outstanding/issued
         beredar/ditempatkan dalam selama tahun berjalan.                   shares during the year.




4. KAS DAN SETARA KAS                                                                        4. CASH AND CASH EQUIVALENTS
                                                     2025                          2024
     Kas kecil:                                                                                                               Cash on hand:
      Dolar Amerika Serikat                                          -                        7                                U.S. Dollar

     Kas di bank pihak ketiga:                                                                                   Cash in third parties banks:
      Rupiah                                                                                                                      Rupiah
        PT Bank CIMB Niaga Tbk                              28.361                        14.755              PT Bank CIMB Niaga Tbk
        PT Bank Central Asia Tbk                               300                         1.426              PT Bank Central Asia Tbk
        PT Bank UOB Indonesia                                  800                           799               PT Bank UOB Indonesia
        PT Bank HSBC Indonesia                                 270                           223              PT Bank HSBC Indonesia
        PT Bank Permata Tbk                                     89                            92                 PT Bank Permata Tbk
        Deutsche Bank AG, Cabang Jakarta                         1                             -      Deutsche Bank AG, Jakarta Branch
                                                            29.821                        17.295
     Mata uang asing:                                                                                                  Foreign currencies:
      Dolar Amerika Serikat                                                                                                  U.S. Dollar
        PT Bank CIMB Niaga Tbk                                986                           544)              PT Bank CIMB Niaga Tbk
        PT Bank UOB Indonesia                                  14                            14)               PT Bank UOB Indonesia
                                                             1000                           558)
      Euro                                                                                                                        Euro
        PT Bank UOB Indonesia                                   19                            17)               PT Bank UOB Indonesia

     Total kas di bank                                      30.840                        17.870)                       Total cash in banks
     Deposito jangka pendek                                          -                    20.000)                    Short-term time deposit

     Kas dan setara kas                                     30.840                        37.877)                 Cash and cash equivalents
     Tingkat suku bunga kontraktual deposito                                                        Contractual interest rates of short-term
     jangka pendek adalah sebagai berikut:                                                                     time deposit are as follows:
     Rupiah                                                 5,00%               4,50% - 5,00%)                                   Rupiah
     Pada tanggal 31 Desember 2025 dan 2024, Grup tidak                  As of 31 December 2025 and 2024, the Group did not pledge
     menjaminkan kas dan setara kasnya. Kas di bank dapat                its cash and cash equivalents. Cash in bank can be withdrawn
     ditarik setiap saat dari bank tanpa penalti.                        at any time from the bank without penalty.



                                                                24
Page 235
           PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
             PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                  CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                   NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
          (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)


5. PIUTANG USAHA                                                                                            5. TRADE RECEIVABLES
                                                           2025                         2024
                                                                                                           Trade receivables resulting from
  Piutang usaha yang timbul dari aktivitas yang                                                          revenue generating activities are
    menghasilkan pendapatan adalah dari:                                                                                            from:
    Pihak ketiga                                                 133)                           88)                         Third parties
    Pihak berelasi                                           166.457)                      185.327)                       Related parties
                                                             166.590)                      185.415)
  Dikurangi: penyisihan atas penurunan nilai                                                               Less: provision for impairment
    piutang usaha dari pihak ketiga                                -)                            -) trade receivables from a third party)   )




                                                             166.590)                      185.415)
  Piutang usaha dalam mata uang adalah sebagai                                                           Trade receivables in currencies are
     berikut:                                                                                                                as follows:
     Rupiah                                                  166.457)                      185.327)                              Rupiah
     Dolar Amerika Serikat                                       133)                           88)                         U.S. Dollar )




                                                             166.590)                      185.415)

   Perubahan provisi atas penurunan nilai adalah sebagai berikut:              Movements in the provision for impairment are as follows:
                                                          2025                          2024
         Saldo awal                                                      -)                    (3.438)               Beginning balance
         Nilai yang dihapuskan                                           -)                     3.438)               Amount written off
         Penilaian kembali rugi penyisihan                               -)                         -)   Remeasurement of loss allowance
         Saldo akhir                                                     -)                         -)                   Ending balance

   Berdasarkan penelaahan dari status masing-masing debitur                   Based on the evaluation of the status of each debtor at year
   pada akhir tahun, manajemen berkeyakinan bahwa jumlah                      end, management believes that the provision for
   penyisihan atas penurunan nilai telah memadai.                             impairment is adequate.
   Per 31 Desember 2025 dan 2024, Grup tidak menjaminkan                      As of 31 December 2025 and 2024, the Group did not
   piutang usahanya.                                                          pledge its trade receivables.


6. PERSEDIAAN                                                                                                         6. INVENTORIES
                                                         2025                          2024
  Barang jadi                                                 1.762)                        1.717)                           Finished goods
  Barang dalam pengolahan                                     6.561)                        5.168)                           Work in process
  Bahan baku                                                 34.936)                       40.501)                            Raw materials
  Suku cadang dan bahan pembantu                             18.486)                       20.413)                   Spare parts and supplies
                                                             61.745)                       67.799)
  Dikurangi penyisihan penurunan nilai                                                                                      Less provision for
    persediaan                                               (4.047)                       (4.095)               decline in inventory value
                                                             57.698)                       63.704)

   Mutasi penyisihan penurunan nilai persediaan adalah sebagai                   Movement of the provision for decline in value of
   berikut:                                                                      inventories is as follows:
                                                         2025                          2024
   Saldo awal                                                4.095)                         6.755)                        Beginning balance
   Penambahan                                                  285)                             -)                                  Addition
   Pemulihan selama tahun berjalan                            (333)                        (2.660)                   Reversal during the year
   Saldo akhir                                               4.047)                         4.095)                           Ending balance

   Pada tanggal 31 Desember 2025 dan 2024, persediaan                            As of 31 December 2025 and 2024, the inventories were
   diasuransikan dengan nilai pertanggungan sebesar Rp 76.600.                   insured for Rp 76,600. Management assesses that the sum
   Manajemen berpendapat bahwa nilai pertanggungan ini dapat                     insured can cover the risk of potential loss against all
   menutupi kemungkinan risiko kerugian yang dapat timbul                        risks.
   terhadap semua risiko.
   Per 31 Desember 2025 dan 2024, Grup tidak menjaminkan                         As of 31 December 2025 and 2024, the Group did not
   persediaannya.                                                                pledge its inventories.


                                                                    25
Page 236
             PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
               PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                   CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                    NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
           (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)

7. ASET TETAP                                                                                                    7. FIXED ASSETS
                                                                  2025
                            1 Januari/       Penambahan/        Pengurangan/         Reklasifikasi/    31 Desember/
                            1 January          Additions         Deductions         Reclassification   31 December
  Biaya perolehan                                                                                                                         Cost
     Tanah                        443.118)                 -)                  -)                 -)         443.118)                  Land
     Bangunan dan                                                                                                            Buildings and
        prasarana                 450.005)                 -)          (9.511)                 778)          441.272)       improvement
     Mesin dan                                                                                                              Machinery and
        peralatan                 667.124)              77)            (5.227)              15.515)           677.489)          equipment
     Peralatan kantor              15.173)              26)                 -)                 189)            15.388)    Office equipment
     Kendaraan                      1.922)               -)            (1.607)                   -)               315)             Vehicles
     Aset hak-guna                  2.882)           8.495)                 -)                   -)            11.377)   Right-of-use assets
                                1.580.224)           8.598)           (16.345)              16.482)         1.588.959)
     Aset dalam                                                                                                               Assets under
       penyelesaian                16.013)           5.776)                 -)              (16.482)            5.307)      construction
                                1.596.237)          14.374)           (16.345)                    -)        1.594.266)
                                                                                                                                 Accumulated
  Akumulasi penyusutan/                                                                                                          depreciation/
  amortisasi                                                                                                                      amortization
    Bangunan dan                                                                                                              Buildings and
       prasarana                 (277.533)         (14.049)            8.636)                      -         (282.946)      improvement
    Mesin dan                                                                                                                Machinery and
      Peralatan                  (569.772)         (15.864)            4.273)                                (581.363)        equipment
    Peralatan kantor              (14.688)            (111)                -)                      -          (14.799)    Office equipment
    Kendaraan                      (1.920)              (2)            1.609)                      -             (313)             Vehicles
    Aset hak-guna                  (2.737)          (3.378)                -)                      -           (6.115)   Right-of-use assets
                                 (866.650)         (33.404)           14.518)                      -         (885.536)
  Penurunan nilai aset                                                                                                     Assets impairment
     Bangunan dan                                                                                                            Buildings and
        prasarana                 (76.422)                 -)            828)                      -          (75.594)     improvement
     Mesin dan                                                                                                              Machinery and
       peralatan                  (20.876)             (35)                    -)                  -          (20.911)        equipment
     Peralatan kantor                (206)               -)                    -)                  -             (206)    Office equipment
     Aset dalam                                                                                                                Assets under
        penyelesaian               (4.439)               -)              908)                      -           (3.531)      construction
                                 (101.943)             (35)            1.736)                      -         (100.242)

  Jumlah tercatat                627.644 )                                                                   608.488 )      Carrying amount

                                                                  2024
                            1 Januari/       Penambahan/        Pengurangan/         Reklasifikasi/    31 Desember/
                            1 January          Additions         Deductions         Reclassification   31 December
  Biaya perolehan                                                                                                                         Cost
     Tanah                        443.118)                 -)                  -)                  -         443.118)                  Land
     Bangunan dan                                                                                                            Buildings and
        prasarana                 449.967)                 -)                  -)                38)         450.005)       improvement
     Mesin dan                                                                                                              Machinery and
        peralatan                 646.892)           5.444)                    -)           14.788)           667.124)          equipment
     Peralatan kantor              15.028)             145)                    -)                -)            15.173)    Office equipment
     Kendaraan                      1.922)               -)                    -)                -)             1.922)             Vehicles
     Aset hak-guna                  2.882)               -)                    -)                -)             2.882)   Right-of-use assets
                                1.559.809)           5.589)                    -)           14.826)         1.580.224)
     Aset dalam                                                                                                              Assets under
       penyelesaian                18.807)          12.032)                    -)           (14.826)           16.013)     Construction
                                1.578.616)          17.621)                    -)                 -)        1.596.237)
                                                                                                                                 Accumulated
  Akumulasi penyusutan/                                                                                                          depreciation/
  amortisasi                                                                                                                      amortization
    Bangunan dan                                                                                                              Buildings and
       prasarana                 (263.386)         (14.147)                    -)                 -)         (277.533)      improvement
    Mesin dan                                                                                                                Machinery and
      peralatan                  (548.160)         (21.612)                    -)                 -)         (569.772)        equipment
    Peralatan kantor              (14.628)             (60)                    -)                 -)          (14.688)    Office equipment
    Kendaraan                      (1.919)              (1)                    -)                 -)           (1.920)             Vehicles
    Aset hak-guna                  (2.028)            (709)                    -)                 -)           (2.737)   Right-of-use assets
                                 (830.121)         (36.529)                    -)                 -)         (866.650)
  Penurunan nilai aset                                                                                                     Assets impairment
     Bangunan dan                                                                                                            Buildings and
        prasarana                 (76.422)                 -)                  -)                 -)          (76.422)     improvement
     Mesin dan                                                                                                              Machinery and
       peralatan                  (20.876)                 -)                  -)                 -)          (20.876)        equipment
     Peralatan kantor                (206)                 -)                  -)                 -)             (206)    Office equipment
     Aset dalam                                                                                                                Assets under
        penyelesaian               (4.439)                 -)                  -)                 -)           (4.439)      construction
                                 (101.943)                 -)                  -)                 -)         (101.943)

  Jumlah tercatat                 646.552)                                                                   627.644)       Carrying amount



                                                                26
Page 237
            PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
              PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                   CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                    NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
           (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)


7. ASET TETAP (Lanjutan)                                                                  7. FIXED ASSETS (Continued)

   Aset dalam penyelesaian per 31 Desember 2025 dan 2024            Assets under construction as of 31 December 2025 and
   adalah sebagai berikut:                                          2024 are follows:
                                                   2025                      2024
   Bangunan dan prasarana                                       -                      597              Buildings and improvement
   Mesin dan peralatan                                      5.307                   15.416               Machinery and equipment
                                                            5.307                   16.013

   Aset dalam penyelesaian per 31 Desember 2025 diperkirakan        Assets under construction as of 31 December 2025 is
   akan selesai dan direklasifikasi ke masing-masing kelompok       estimated to and reclassified into each group of assets in
   aset pada tahun 2026, dengan presentase penyelesaian adalah      2026, with current percentage of completion of
   adalah sekitar 33.68%.                                           approximately 33.68%.

   Penyusutan dibebankan pada:                                      Depreciation expense are charged to:
                                                   2025                      2024
   Beban pokok pendapatan (Catatan 20)                     32.960                   36.341             Cost of revenue (Note 20)
   Beban administrasi (Catatan 21)                            444                      188      Administrative expenses (Note 21)
                                                           33.404                   36.529

   Rincian dari rugi penjualan aset tetap adalah sebagai berikut:   The details of loss on sale of fixed assets was as follows:

                                                   2025                      2024
   Harga penjualan bersih                                    (50)                        -)                          Net proceeds
   Nilai tercatat                                              91                        -)                     Carrying amount
   Rugi penjualan aset tetap                                   41                        -)            Loss on sale of fixed assets

   Pada tanggal 31 Desember 2025, manajemen telah mengkaji          As of 31 December 2025, management has reviewed the
   ulang taksiran masa manfaat dan metode penyusutan aset           estimated useful lives and depreciation method of fixed
   tetap dan hasilnya telah sesuai. Masa manfaat dihitung           assets and has found them to be appropriate. The useful
   berdasarkan periode estimasi dimana Grup akan menerima           lives are based on the estimated period over which future
   manfaat ekonomi di masa depan dengan mempertimbangkan            economic benefits will be received by the Group, taking
   perubahan keadaan atau peristiwa yang tidak terduga. Tidak       into account any unexpected changes in circumstances or
   terdapat perubahan estimasi masa manfaat maupun metode           events. There is no change of the estimated useful lives and
   penyusutan aset tetap selama tahun berjalan.                     depreciation method during the year.

   Pada tanggal 31 Desember 2025 dan 2024, sebagian besar           As of 31 December 2025 and 2024, majority of fixed assets
   aset tetap diasuransikan dengan nilai pertanggungan sebesar      were insured for Rp 268,022. Management assesses that
   Rp 268.022. Manajemen berpendapat bahwa nilai                    the sum insured can cover potential loss against all risks.
   pertanggungan ini dapat menutupi kerugian terhadap semua
   risiko.

   Grup memiliki beberapa bidang tanah yang terletak di             The Group owns several parcels of land located in
   Cileungsi, Karawang dan Gresik dengan hak kepemilikan            Cileungsi, Karawang and Gresik with renewable Building
   berupa Hak Guna Bangunan (HGB) yang akan jatuh tempo             Use Rights (Hak Guna Bangunan or HGB) due between
   antara tahun 2028 dan 2055. Manajemen berpendapat bahwa          2028 and 2055. Management anticipates that the usage
   HGB tersebut akan dapat selanjutnya diperbaharui dengan          right granted under this certificate will be perpetually
   biaya yang minimal.                                              renewable at minimal cost.

   Per 31 Desember 2025 dan 2024, biaya perolehan dari aset         As of 31 December 2025 and 2024, the acquisition cost of
   tetap yang telah disusutkan penuh tetapi masih digunakan         fully depreciated assets that were still being used
   adalah sebesar masing-masing Rp 624.700 dan Rp 628.595.          amounted to Rp 624,700 and Rp 628,595, respectively.

   Per 31 Desember 2025 dan 2024, Grup tidak menjaminkan            As of 31 December 2025 and 2024, the Group did not
   aset tetapnya.                                                   pledge its fixed assets.



                                                               27
Page 238
             PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
               PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                    CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                     NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
            (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)


7.   ASET TETAP (Lanjutan)                                                                    7. FIXED ASSETS (Continued)

     Menindaklanjuti penutupan kantor dan pabrik Cileungsi dan          Following the closing of Cileungsi office and factory and
     sebagian pabrik Karawang (catatan 1a dan 1d) manajemen             part of Karawang factory (see notes 1a and 1d),
     menelaah kondisi dari bangunan dan prasarana, mesin dan            management assessed conditions of all related building
     peralatan, peralatan kantor dan aset dalam penyelesaian            improvements, machinery and equipment, office
     terkait. Pada tanggal 31 Desember 2025 dan 2024, penurunan         equipment and assets under constructions. As of 31
     nilai aset sebesar masing-masing Rp 100.242 dan Rp 101.943         December 2025 and 2024, assets impairment of Rp
     dicatat untuk semua aset terkait yang tidak dapat digunakan        100,242 and Rp 101,943, respectively, was provided for
     kembali. Sisa dari aset akan dijual/dibuang dalam waktu            all assets that no longer can be used. The remaining assets
     dekat.                                                             will be sold/disposed in the near future.

     Pada tanggal 31 Desember 2025, saldo sebesar Rp 22 masih           As of 31 December 2025, balances amounting to Rp 22
     belum dilunasi untuk pembelian aset tetap tertentu (2024: Rp       remained unpaid for purchase of certain fixed assets
     1.116).                                                            (2024: Rp 1,116).

     Pada tanggal 31 Desember 2025 dan 2024, nilai wajar aset           As of 31 December 2025 and 2024, the fair value of fixed
     tetap (untuk keperluan pengungkapan) adalah sebesar Rp             assets (for disclosure purposes) amounted to Rp
     1.772.858.                                                         1,772,858.

     Grup menyewa kendaraan untuk jangka waktu antara 2                 The Group leases vehicles for a term between 2 to 4 years.
     hingga 4 tahun.

                                                                 2025
                                                            Kendaraan/
                                                             Vehicles

            Saldo pada tanggal 1 Januari                                   144)                        Balance at 1 January
            Penambahan selama tahun berjalan                             8.495)                    Addition during the year
            Pengurangan selama tahun berjalan                                -)                 Deductions during the year
            Amortisasi tahun berjalan                                   (3.378)             Amortization charge for the year
            Saldo pada tanggal 31 Desember                               5.261)                    Balance at 31 December
                                                                 2024
                                                            Kendaraan/
                                                             Vehicles

            Saldo pada tanggal 1 Januari                                  853)                         Balance at 1 January
            Penambahan selama tahun berjalan                                -)                     Addition during the year
            Pengurangan selama tahun berjalan                               -)                  Deductions during the year
            Amortisasi tahun berjalan                                    (709)              Amortization charge for the year
            Saldo pada tanggal 31 Desember                                144)                     Balance at 31 December


                                                          2025              2024
     Jumlah yang diakui dalam laba atau rugi                                                    Amounts recognized in profit or loss
       Beban bunga atas liabilitas sewa                         217                 15                     Interest on lease liabilities
       Beban penyusutan aset hak-guna                         3.378                709             Depreciation of right-of-use assets
       Beban terkait sewa jangka pendek atau bernilai                                     Expenses relating to short-term or low value
        rendah                                                5.174               6.656                                       leases




                                                                 28
Page 239
              PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
                PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                    CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                     NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
            (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)



8. PROPERTI INVESTASI                                                                               8. INVESTMENT PROPERTIES
                                                                  2025
                                  Saldo awal/      Penambahan/           Pengurangan/        Saldo akhir/
                               Beginning balance    Additions             Deductions        Ending balance
     Tanah                                                                                                                             Land
       Belitung                           6.806                   -                     -              6.806                     Belitung
       Cileungsi                         55.175                   -                     -             55.175                    Cileungsi
                                         61.981                   -                     -             61.981

                                                                  2024
                                  Saldo awal/      Penambahan/           Pengurangan/         Saldo akhir/
                               Beginning balance    Additions             Deductions         Ending balance
     Tanah                                                                                                                             Land
       Belitung                           6.806                   -                     -                6.806                   Belitung
       Cileungsi                         55.175                   -                     -               55.175                  Cileungsi
                                         61.981                   -                     -               61.981

     Grup memiliki beberapa bidang tanah yang terletak di                   The Group owns several parcels of land located in
     Cileungsi dengan hak kepemilikan berupa Hak Guna                       Cileungsi with renewable Building Use Rights (Hak Guna
     Bangunan (HGB) yang akan jatuh tempo antara tahun 2029                 Bangunan or HGB) due between 2029 and 2045.
     dan 2045. Manajemen berpendapat bahwa HGB tersebut                     Management anticipates that the usage right granted
     akan dapat selanjutnya diperbaharui dengan biaya yang                  under this certificate will be perpetually renewable at
     minimal.                                                               minimal cost.
     Pada tanggal 31 Desember 2025 dan 2024, nilai wajar untuk              As of 31 December 2025 and 2024, the fair value of the
     properti investasi yang dimiliki Grup adalah sebesar                   Group’s investment property amounted to Rp 390,287.
     Rp 390.287.
     Nilai wajar diestimasi dengan membandingkan harga                      The fair value was estimated in comparison with similar
     properti sejenis. Dalam menentukan nilai tersebut, harga jual          property prices. In determining the value, selling prices
     tanah sejenis yang berada pada lokasi yang berdekatan                  of comparable land located in close proximity were
     diperoleh dan disesuaikan dengan perbedaan ukuran. Input               obtained and adjusted for differences in size. The most
     paling signifikan dalam pendekatan penilaian ini adalah                significant input into this valuation approach is price per
     harga per meter persegi. Input tersebut dipertimbangkan                square meter. The input is considered as Level 2 input in
     sebagai input Level 2 dalam hierarki pengukuran nilai wajar.           the fair value measurement hierarchy.
     Selama tahun yang berakhir pada tanggal 31 Desember 2025               During the year ended 31 December 2025 and 2024,
     dan 2024, properti investasi tidak disewakan sehingga tidak            property investment is not leased out so there is no rental
     ada penghasilan sewa.                                                  income.
     Tidak ada properti investasi yang dijaminkan untuk pinjaman            There is no investment property pledged as collateral for
     bank.                                                                  bank loan.


9.   LIABILITAS SEWA                                                                                          9. LEASE LIABILITIES

     Liabilitas sewa pada tanggal 31 Desember 2025 dan 2024                  Lease liabilities as of 31 December 2025 and 2024 were
     sebagai berikut:                                                        as follows:

                                                           2025                      2024
     Liabilitas sewa yang terutang sebagai                                                                 Lease liabilities are payable as
       berikut:                                                                                                                  follows:
       2025                                                           -)                    137)                                     2025
       2026                                                       3.449)                      -)                                     2026
       2027                                                       2.344)                      -)                                     2027
       2028                                                           7)                      -)                                     2028
     Jumlah pembayaran sewa minimum                                                                           Total future minimum lease
        di masa mendatang                                         5.800)                    137)                                payments
                                                                                                              Interest portion of the lease
     Porsi bunga atas pembayaran sewa                               (307)                    (15)                               payments
     Nilai kini dari pembayaran sewa                               5.493)                    122)         Present value of lease payments
     Liabilitas sewa, jangka pendek                               (3.207)                   (122)         Lease liabilities, current portion
                                                                                                             Lease liabilities, non-current
     Liabilitas sewa, jangka panjang                              2.286)                       -)                                 portion




                                                                  29
Page 240
            PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
              PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                  CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                   NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
          (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)



9. LIABILITAS SEWA (Lanjutan)                                                                  9. LEASE LIABILITIES (Continued)

   Berikut ini ringkasan komponen perubahan liabilitas selama                    The following summarizes the component of change in
   tahun berjalan:                                                                                     the liabilities during the year:

                                                            2025                        2024
   Saldo awal                                                           122)                     927)                         Beginning balance
   Arus kas:                                                                                       -)                                 Cash flows:
     Penambahan liabilitas sewa                                     8.495)                         -)             Additions of lease liabilities
     Pembayaran liabilitas sewa                                    (3.124)                      (805)             Payments of lease liabilities
   Saldo akhir                                                      5.493)                       122)                            Ending balance


10. UTANG USAHA                                                                                               10. TRADE PAYABLES

                                                  2025                         2024
  Utang usaha yang timbul atas pembelian                                                                 Trade payables arising from purchase
    barang terdiri dari:                                                                                             of products consists of:
    Utang ke pihak ketiga                                73.053                       78.158                  Trade payables to third parties
    Utang ke pihak berelasi                               2.404                          156                Trade payables to related parties
                                                         75.457                       78.314

   Umur utang usaha adalah sebagai berikut:                                                             The aging of trade payables is as follows:
   Belum jatuh tempo                                     45.124                       56.316                                       Not yet due
   Jatuh tempo:                                                                                                                       Past due:
     1 - 30 hari                                         26.242                       11.855                                      1 - 30 days
     31 - 60 hari                                         2.242                          540                                     31 - 60 days
     Lebih dari 60 hari                                   1.849                        9.603                               More than 60 days
                                                         75.457                       78.314

  Utang usaha dalam mata uang adalah sebagai berikut:                                          Trade payables in currencies are as follows:
                                                  2025                          2024

  Rupiah                                                 72.530                       73.498                                           Rupiah
  Mata uang asing                                                                                                          Foreign currencies:
   Dolar Amerika Serikat                                  2.379                        3.615                                     U.S. Dollar
   Euro                                                     361                          769                                            Euro
   Baht Thailand                                             18                           64                                       Thai Baht
   Yen Jepang                                               158                          127                                   Japanese Yen
   Yuan China                                                11                          241                                     China Yuan
                                                         75.457                       78.314


11. UTANG LAIN-LAIN                                                                                            11. OTHER PAYABLES

                                                   2025                         2024

  Pihak ketiga                                             3.517                       6.406                                       Third parties
  Pihak berelasi                                           7.327                      11.382                                     Related parties
                                                          10.844                      17.788

  Utang lain-lain terutama terdiri dari utang yang berasal dari           Other payables mainly represent payables from professional
  jasa profesional, jasa IT dan pembelian aset tetap.                     services, IT services and purchase of fixed assets.




                                                                   30
Page 241
           PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
             PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                  CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                   NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
          (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)



12. BEBAN AKRUAL                                                                                    12. ACCRUED EXPENSES

                                                  2025                       2024

  Energi dan gas                                         14.888                   11.130                                   Energy and gas
  Gaji dan tunjangan karyawan lainnya                     6.534                    1.729        Salaries and other employee compensation
  Utilitas                                                3.870                    3.902                                          Utilities
  Jasa profesional dan konsultan                          3.853                    4.667                       Professional and consultant
  Sewa peralatan                                            425                      730                                 Equipment rental
  Lain-lain                                                 365                    1.431                                           Others
                                                         29.935                   23.589



13. UTANG BANK                                                                                                      13. BANK LOAN
                                                  2025                       2024

  PT Bank HSBC Indonesia
     fasilitas pinjaman berulang, fasilitas
     maksimum Dolar AS 8.000.000 atau                                                                           PT Bank HSBC Indonesia
     setara; tanpa agunan; dikenakan bunga                                                   revolving loan facility; maximum facility US
     tahunan sebesar 8.75% per tahun di                                                    Dollar 8,000,000, or equivalent; no collateral;
     bawah term lending rate dari Bank;                                                  bearing interest at 8.75% below the Bank’s term
     utang ini telah dilunasi pada tanggal 30                                            lending rate per annum; this loan has been paid
     September 2025                                            -                  38.000                            on 30 September 2025

  Perjanjian pinjaman PT Bank HSBC Indonesia mencakup                   The bank loan agreement of PT Bank HSBC Indonesia
  persyaratan untuk memastikan Siam Cement Public Co.,                  includes requirement to ensure that Siam Cement Public Co.,
  Ltd. akan mempertahankan kepemilikan saham mayoritas                  Ltd. to retain its ultimate majority shareholding and
  dan kontrol manajemennya pada Grup.                                   management control over the Group.
  Kisaran suku bunga kontraktual per tahun selama tahun                 Range of contractual interest rates per annum during the
  berjalan adalah 5,70% - 6,35%. (2024: 6,35% - 6,45%)                  year were 5.70% - 6.35%. (2024: 6.35% - 6.45%)

  Rekonsiliasi mutasi liabilitas terhadap arus kas yang timbul          Reconciliation of movements of liabilities to cash flows
  dari aktivitas pendanaan:                                             arising from financing activities:

                                                 2025                      2024

  Saldo 1 Januari                                    38.000)                        -)                             Balance at 1 January
  Arus kas:                                                                                                                  Cash flows:
      Penerimaan atas utang bank                     27.000)                 47.000)                           Proceeds of bank loan
      Pembayaran atas utang bank                    (65.000)                 (9.000)                          Repayment of bank loan
  Saldo 31 Desember                                       -)                 38.000)                              Balance at 31 December




                                                                   31
Page 242
          PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
            PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
        (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)

14. PERPAJAKAN                                                                                               14. TAXATION
   a.   Klaim pengembalian pajak terdiri dari:                    a. Claims for tax refund consists of:
                                                 2025                   2024
        Kelebihan pembayaran pajak                                                          Overpayments of corporate income tax
           penghasilan badan tahun 2025:                                                                      fiscal year 2025:
           - Perseroan                                     708                       -                         - The Company
           - KKM                                             -                       -                                  - KKM
                                                           708                       -

        Kelebihan pembayaran pajak                                                          Overpayments of corporate income tax
           penghasilan badan tahun 2024:                                                                      fiscal year 2024:
           - Perseroan                                   1.285                  1.285                          - The Company

        Kelebihan pembayaran pajak                                                          Overpayments of corporate income tax
           penghasilan badan tahun 2023:                                                                      fiscal year 2023:
           - Perseroan                                       -                    964                          - The Company
           - KKM                                             -                    390                                   - KKM
                                                             -                  1.354
        Kelebihan pembayaran pajak                                                          Overpayments of corporate income tax
           penghasilan badan tahun 2019:                                                                      fiscal year 2019:
           - KSM                                             -                    196                                   - KSM

        Pajak lainnya                                        -                    406                                  Other taxes

                                                         1.993                  3.241

   b.   Utang pajak terdiri dari:                                 b.   Taxes payable consists of:
                                                 2025                   2024
        Pajak penghasilan:                                                                                          Income taxes:
          Pasal 25                                          66)                   118                                 Article 25
          Pasal 29                                         735                    479                                 Article 29
                                                           801                    597
         Pajak lainnya:                                                                                              Other taxes:
           Pasal 21                                        130                    113                                Article 21
           Pasal 4(2)                                        5                      2                               Article 4(2)
           Pasal 23                                        230                    208                                Article 23
           Pasal 26                                        329                    732                                Article 26
        Pajak pertambahan nilai                          4.371                  3.549                             Value added tax
                                                         5.065                  4.604

   c.   Komponen pajak penghasilan yang diakui dalam laba         c.   The components of income tax recognized in profit or loss
        rugi adalah sebagai berikut:                                   are as follows:
                                                 2025                   2024
        Pajak kini                                                                                                     Current tax
        Perseroan:                                                                                                  The Company:
         Tahun kini                                          -)                     -)                              Current year
        Entitas anak:                                                                                                Subsidiaries:
         Tahun kini                                     3.148)                 3.113)                              Current year
         Penyesuaian untuk        tahun-tahun
           sebelumnya                                    (284))                  133)      Adjustment to prior years’ tax expense
                                                        2.864)                 3.246)
        Pajak tangguhan                                                                                               Deferred tax
        Perseroan:                                                                                                  The Company:
        Timbul dan pembalikan beda                                                           Origination and reversal of temporary
           temporer                                     (3.442)                (1.315)                                differences
        Entitas Anak:                                                                                                 Subsidiaries:
        Timbul dan pembalikan beda                                                           Origination and reversal of temporary
           temporer                                       (667)                (1.354)                               differences:
                                                        (4.109)                (2.669)
                                                        (1.245)                  577)
                                                             32
Page 243
           PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
             PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                 CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                  NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
         (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)



14. PERPAJAKAN (Lanjutan)                                                                        14. TAXATION (Continued)

   d.   Rekonsiliasi antara rugi sebelum pajak penghasilan           d.   The reconciliation between consolidated loss before
        konsolidasian dengan beban (manfaat) pajak                        income tax and income tax expense (benefit) is as follows:
        penghasilan adalah sebagai berikut:
                                                   2025                     2024
        Rugi konsolidasian sebelum pajak                                                                         Consolidated loss before
          penghasilan                                     (13.233)                 (24.517)                                income tax
        Laba sebelum pajak penghasilan entitas
          anak                                             (5.175)                  (3.060)          Subsidiaries profit before income tax
        Eliminasi                                             100)                   1.398)                                    Elimination
        Rugi sebelum pajak penghasilan
          Perseroan                                       (18.308)                 (26.179)         The Company’s loss before income tax
        Manfaat pajak penghasilan dihitung
          dengan tarif pajak yang berlaku                                                         Income tax benefit at enacted tax rate of
          (22%)                                            (4.028)                  (5.759)                                          22%
        Pengaruh pajak dari perbedaan                                                                              Tax effect of permanent
          permanen                                          1.002)                  2.370)                                   differences
        Perbedaan temporer yang tidak diakui                                                       Current year’s unrecognized temporary
          tahun berjalan                                   (3.021)                   (657)                                    difference
        Kerugian pajak tahun berjalan yang
          tidak diakui                                      2.605)                   2.731)        Current year’s unrecognized tax losses
                                                           (3.442)                  (1.315)
        Beban (manfaat) pajak penghasilan:                                                                   Income tax expense (benefit):
          Perseroan                                        (3.442)                  (1.315)                              The Company
          Entitas anak                                      2.197)                   1.892)                               Subsidiaries
        Beban (manfaat) pajak penghasilan                  (1.245)                     577)                   Income tax expense (benefit)

   e.   Rekonsiliasi antara rugi sebelum pajak Perseroan             e.   The reconciliation between loss before income tax of the
        dengan rugi fiskal Perseroan adalah sebagai berikut:              Company and the Company’s fiscal loss is as follows:
                                                   2025                     2024
        Rugi sebelum pajak penghasilan
         Perseroan                                        (18.309)              (26.179)        Loss before income tax of the Company

        Koreksi fiskal:                                                                                              Fiscal corrections:
          Penyusutan aset tetap                            3.518)                   6.844)               Depreciation of fixed assets
          Penyusutan aset hak-guna                           243)                      34)         Depreciation of right-of-use assets
          Liabilitas imbalan kerja                          (360)                    (886)           Provision for employee benefits
          Penyisihan penurunan nilai
            persediaan                                       583)                    (660)    Provision for decline in inventory value
          Pendapatan bunga yang dikenakan                                                        Interest income already subjected to
            pajak final                                      (15)                   (26)                                   final tax
          Denda pajak                                      1.289)                    10)                                 Tax penalties
          Lain-lain                                        1.212)                 8.449)                                       Others
                                                           6.470)                13.765)
                                                                                       )
        Rugi fiskal tahun berjalan                        (11.839)              (12.414)                    Taxable loss during the year
        Tarif pajak yang berlaku                              22%                   22%                                Enacted tax rate
                                                                -)                    -)

        Jumlah rugi fiskal Perseroan dalam laporan keuangan               The amount of the Company’s taxable loss in these
        konsolidasian ini didasarkan atas perhitungan sementara.          consolidated financial statements is based on preliminary
        Pada tanggal laporan keuangan ini diterbitkan, Perseroan          calculations. As of the date these financial statements are
        belum menyampaikan Surat Pemberitahuan Tahunan                    issued, the Company has not submitted its 2025 corporate
        (“SPT”) pajak penghasilan badan 2025.                             income tax return.




                                                                33
Page 244
            PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
              PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                 CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                  NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
         (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)

14. PERPAJAKAN (Lanjutan)                                                                                 14. TAXATION (Continued)

   f.   Rekonsiliasi antara beban pajak kini dengan lebih bayar                f.    The reconciliation of current tax expense to corporate
        pajak penghasilan badan adalah sebagai berikut:                              income tax overpayment is as follows:

                                                           2025                        2024
        Beban pajak kini:                                                                                                       Current tax expense:
          Perseroan                                                       -)                       -)                                The Company
          Entitas anak                                                                                                                Subsidiaries
            KSM                                                         -)                        -)                                       KSM
            KKM                                                     3.148)                    3.113)                                      KKM
        Jumlah beban pajak kini                                     3.148)                    3.113)                        Total current tax expense
        Dikurangi pembayaran pajak dimuka:                                                                                          Less prepaid taxes:
          Perseroan                                                  (708)                    (1.285)                                 The Company
          Entitas anak                                                                                                                  Subsidiaries
            KSM                                                         -)                         -)                                       KSM
            KKM                                                    (2.412)                    (2.634)                                      KKM
        Jumlah                                                     (3.120)                    (3.919)                                       Subtotal
        (Lebih) kurang bayar                                                                                                Corporate income tax
          pajak penghasilan badan                                                                                  (overpayment) underpayment
          Perseroan                                                  (708)                    (1.285)                             The Company
          Entitas anak                                                                                                             Subsidiaries
            KSM                                                         -)                        -)                                  KSM
            KKM                                                       735)                      479)                                  KKM
                                                                       27)                     (806)

   g.   Saldo pajak tangguhan yang diakui dan pergerakan                       g. Recognized deferred tax balances, and the movement
        selama tahun berjalan terdiri dari:                                       thereof during the year were comprised of the following:
                                                         Diakui di laba rugi   Diakui di penghasilan
                                                             berjalan/           komprehensif lain/
                                                           Recognized in        Recognized in other
                                        2024               profit or loss      comprehensive income     2025
        Perseroan:                                                                                                                        The Company:
        Aset (liabilitas) pajak                     )
           tangguhan                                                                                                     Deferred tax assets (liabilities)
          Imbalan pasca kerja                   3.133)                  (86)                    230             3.277)     Post-employment benefits
          Liabilitas sewa                            -                   27)                      -)               27)               Lease liabilities
          Penyusutan aset tetap                (5.769)                3.501)                      -)           (2.268)   Depreciation of fixed assets
        Aset (liabilitas) pajak
           tangguhan, bersih –                                                                                           Deferred tax assets (liabilities),
           Perseroan                           (2.636)                3.442)                    230             1.036              net – the Company
        Entitas anak:                                                                                                                       Subsidiaries:
        Aset (liabilitas) pajak                                                                                                       Deferred tax assets
          tangguhan, bersih                     (599)                   667)                    105               173                 (liabilities), net
        Aset (liabilitas) pajak
          tangguhan                                                                                                      Deferred tax assets (liabilities)
          Perseroan                            (2.636)                                                          1.036                  The Company
          Entitas anak                           (599)                                                            173                    Subsidiaries
        Total aset (liabilitas) pajak                                                                                          Total deferred tax assets
                                               (3.235)                                                          1.209
          tangguhan                                                                                                                          (liabilities)
                                                         Diakui di laba rugi   Diakui di penghasilan
                                                             berjalan/           komprehensif lain/
                                                           Recognized in        Recognized in other
                                        2023               profit or loss      comprehensive income     2024
        Perseroan:                                                                                                                        The Company:
        Aset (liabilitas) pajak                     )
           tangguhan                                                                                                     Deferred tax assets (liabilities)
          Imbalan pasca kerja                   3.508)                 (195)                   (180)            3.133)     Post-employment benefits
          Penyusutan aset tetap                (7.279)                1.510)                      -)           (5.769)   Depreciation of fixed assets
        Liabilitas pajak tangguhan,                                                                                             Deferred tax liabilities,
           bersih – Perseroan                  (3.771)                1.315)                   (180)           (2.636)            net – the Company
        Entitas anak:                                                                                                                     Subsidiaries:
        Liabilitas pajak tangguhan,                                                                                              Deferred tax liabilities,
          bersih                               (1.913)                1.354)                    (40)            (599)                             net
        Liabilitas pajak tangguhan                                                                                                Deferred tax liabilities
          Perseroan                            (3.771)                                                         (2.636)                 The Company
          Entitas anak                         (1.913)                                                           (599)                   Subsidiaries
        Total liabilitas pajak
                                               (5.684)                                                         (3.235)
          tangguhan                                                                                                         Total deferred tax liabilities
                                                                          34
Page 245
          PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
            PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                 CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                  NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
         (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)



14. PERPAJAKAN (Lanjutan)                                                                         14. TAXATION (Continued)

   g.   Saldo pajak tangguhan yang diakui dan pergerakan              g.    Recognized deferred tax balances, and the movement
        selama tahun berjalan terdiri dari (Lanjutan) :                     thereof during the year were comprised of the following
                                                                            (Continued):

        Aset pajak tangguhan berikut ini tidak memenuhi syarat              The following deferred tax assets were not eligible for
        untuk diakui dikarenakan alasan berikut ini:                        recognition due to the reason explained below:
                                                      2025                   2024
        Perseroan:                                                                                                         The Company:
           Kompensasi rugi fiskal yang saat ini                                               Tax losses carry forwards that currently
              belum mungkin terealisasi melalui                                              are not probable of realization through
              laba kena pajak di masa mendatang              16.152                 18.135                      future taxable profit
           Penyisihan penurunan nilai persediaan                522                    459     Provision for decline in inventory value
           Penyisihan penurunan nilai aset tetap              4.737                  5.119       Impairment provision for fixed assets
                                                             21.411                 23.713
        Entitas anak:                                                                                                       Subsidiaries:
           Kompensasi rugi fiskal yang saat ini                                               Tax losses carry forwards that currently
              belum mungkin terealisasi melalui                                              are not probable of realization through
              laba kena pajak di masa mendatang               3.052                  3.069                      future taxable profit
           Penyisihan penurunan nilai persediaan                368                    442     Provision for decline in inventory value
           Penyisihan penurunan nilai aset tetap             17.316                 17.308       Impairment provision for fixed assets
          Penyisihan penurunan nilai piutang                                                        Allowance for impairment of trade
            usaha yang saat ini belum memenuhi                                                receivables that currently do not meet
            persyaratan dokumentasi untuk                                                         the documentary requirements for
            pengurangan                                           -                      -                                 deduction
                                                             20.736                 20.819

                                                             42.147                 44.532

        Beda waktu yang memberikan peningkatan pada aset                   The temporary differences that give rise to the deferred
        pajak tangguhan dari penyisihan penurunan nilai piutang            tax assets for the provision for impairment of trade
        usaha, penyisihan penurunan nilai persediaan dan                   receivables, provision for decline in inventory value and
        penyisihan penurunan nilai aset tetap tidak ada masa               impairment provision of fixed assets do not expire,
        berakhirnya, tetapi sebelum penyisihan tersebut dapat              however before such provision can be deductible there
        diakui sebagai pengurang pajak, harus ada bukti bahwa              must be evidence that the receivables are not collectible,
        piutang usaha tidak dapat tertagih, penurunan                      the declined inventories/impaired fixed assets are
        persediaan/aset tetap tersebut sudah terealisasi dengan di         realized, and thereby must sell or write off the
        jual atau dihapuskannya persediaan/aset tetap tersebut.            declined/impaired balances. Accumulated tax loss carry
        Akumulasi rugi fiskal Perseroan dan entitas anak pada              forwards of the Company and subsidiaries, which as of
        tanggal 31 Desember 2025 sebesar Rp 87.291, akan                   31 December 2025 amounted to Rp 87,291, will expire in
        kadaluwarsa dalam jumlah yang berbeda-beda antara                  varying amounts between 2028 and 2030 if not utilized
        2028 dan 2030 jika tidak digunakan untuk dikompensasi              against future taxable profits. Deferred tax assets have not
        dengan laba fiskal di masa mendatang. Aset pajak                   been recognized with respect to these items because it is
        tangguhan tidak diakui sehubungan dengan akun-akun                 not probable that future taxable profits will be available
        ini dikarenakan tidak memungkinkan tersedianya laba                against which the Group can utilize the benefits there
        kena pajak di masa mendatang untuk dikompensasi                    from.
        dimana Grup seharusnya dapat memanfaatkannya.
        Realisasi dari aset pajak tangguhan Perseroan dan entitas          Realization of the Company and its subsidiaries’ deferred
        anaknya tergantung pada laba fiskal yang dapat                     tax assets is dependent upon the availability of future
        dihasilkan pada periode mendatang. Manajemen                       taxable income. Management believes that the recognized
        berkeyakinan bahwa aset pajak tangguhan yang diakui                deferred tax assets are realizable in foreseeable future.
        dapat dipulihkan pada periode mendatang.




                                                               35
Page 246
              PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
                PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                     CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                      NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
             (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)



14. PERPAJAKAN (Lanjutan)                                                                      14. TAXATION (Continued)

   h.       Sesuai peraturan perpajakan di Indonesia, Perseroan dan   h. Under the taxation laws of Indonesia, the Company and
            entitas anak melaporkan/menyetorkan pajak untuk              subsidiaries submit/pay tax returns for each legal entity
            setiap entitas sebagai suatu badan hukum yang terpisah       on the basis of self-assessment. The tax authorities may
            berdasarkan sistem self-assessment. Otoritas pajak           assess or amend taxes within the statute of limitations,
            dapat menetapkan atau mengubah pajak-pajak tersebut          under prevailing regulations.
            dalam batas waktu yang ditentukan sesuai dengan
            peraturan yang berlaku.
            Posisi pajak Perseroan dan entitas anak mungkin akan         The Company and subsidiaries’ tax positions may be
            dipertanyakan oleh otoritas pajak. Posisi perpajakan         challenged by the tax authorities. The Company and
            Perseroan dan entitas anak dibuat beralaskan dasar           subsidiaries’ tax positions are formed on sound technical
            teknis yang logis dan yang sesuai dengan peraturan           bases, in compliance with the tax regulations.
            pajak. Oleh karena itu, manajemen berkeyakinan bahwa         Accordingly, management believes that no accruals for
            akrual atas potensi liabilitas pajak tidak diperlukan.       potential income tax liabilities is necessary. This
            Penilaian ini didasarkan pada estimasi dan asumsi dan        assessment relies on estimates and assumptions and may
            mungkin melibatkan pertimbangan mengenai kejadian            involve judgment about future events. New information
            di masa depan. Informasi baru mungkin tersedia yang          may become available that causes management to change
            menyebabkan manajemen mengubah pertimbangannya.              its judgment. Such changes will impact tax expense in the
            Perubahan tersebut akan berdampak pada beban pajak           period in which such determination is made.
            pada periode dimana penentuan tersebut ditetapkan.
   i.   _   Kasus pajak                                               i. Tax cases
        Perseroan                                                        The Company
        Pada bulan Desember 2024, Perseroan menerima surat               In December 2024, the Company received tax assessment
        ketetapan pajak atas pajak penghasilan badan tahun 2023          letter on corporate income tax for fiscal year 2023,
        yang menyatakan lebih bayar sebesar Rp 964 sesuai yang           confirming an overpayment of Rp 964 as previously
        diklaim sebelumnya. Pengembalian pajak tersebut                  claimed. The refund was received by the Company in
        diterima Perseroan pada bulan Februari 2025.                     February 2025.
        KSM                                                              KSM
        Pada bulan Maret 2021, KSM menerima surat ketetapan              In March 2021, KSM received a tax assessment letter on
        pajak atas pajak penghasilan badan untuk tahun pajak             corporate income tax for fiscal year 2019, confirming an
        2019 yang menyatakan kurang bayar sebesar Rp 20.697              underpayment of Rp 20,697 (including administrative
        (termasuk sanksi administratif) dibandingkan lebih               sanction) as opposed to the claimed overpayment of
        bayar yang diklaim sebesar Rp 196. Selain itu, KSM juga          Rp 196. In addition, KSM received tax assessment letters
        menerima surat ketetapan untuk pajak penghasilan pasal           for income tax article 4(2) and VAT, resulting in
        4(2) dan PPN yang menyatakan kurang bayar sebesar Rp             underpayments of Rp 5,909 and Rp 47,681, respectively,
        5.909 dan Rp 47.681 yang berasal dari koreksi yang               due to the same corrections made by the tax office in 2019
        sama atas koreksi pajak penghasilan badan tahun 2019.            corporate income tax. KSM did not pay the
        KSM tidak membayar kurang bayar ini dan mengajukan               underpayment and submitted an objection to the tax office
        keberatan kepada kantor pajak di bulan Juli 2021 sebagai         in July 2021 in response to the tax office corrections, with
        tanggapan atas koreksi kantor pajak yang tidak disetujui         which KSM disagreed. In May 2022, the tax office
        oleh KSM. Pada bulan Mei 2022, kantor pajak menolak              rejected KSM’s objections, and in August 2022, KSM
        keberatan yang diajukan KSM dan di bulan Agustus                 appealed to the tax court. In May 2025, tax court partially
        2022, KSM mengajukan banding ke pengadilan pajak.                granted the appeal and determined an underpayment of
        Pada bulan Mei 2025, pengadilan pajak menyetujui                 Rp 2,347 (including administrative sanction) for income
        sebagian banding dan memutuskan kurang bayar sebesar             tax article 4(2) and Rp 9,385 (including administrative
        Rp 2.347 (termasuk sanksi administratif) untuk pajak             sanction) for VAT. KSM has paid the underpayment and
        penghasilan pasal 4(2) dan Rp 9.385 (termasuk sanksi             in August 2025, KSM file a judicial review to Supreme
        administratif) untuk PPN. KSM telah membayar kurang              Court for the remaining tax dispute of Rp 11,928. As of
        bayar tersebut dan pada bulan Agustus 2025, KSM telah            31 December 2025, the supreme court has not yet issued
        mengajukan permohonan peninjauan kembali ke                      a verdict regarding the KSM’s judicial review.
        Mahkamah Agung atas sisa sengketa pajak sebesar
        Rp 11.928. Pada tanggal 31 Desember 2025, mahkamah
        agung belum mengeluarkan keputusan atas peninjauan
        kembali yang diajukan KSM.

                                                               36
Page 247
           PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
             PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                 CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                  NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
         (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)



14. PERPAJAKAN (Lanjutan)                                                                     14. TAXATION (Continued)


   i.   Kasus pajak (lanjutan)                                     i. Tax cases (continued)
        KKM                                                          KKM

        Pada bulan April 2019, KKM menerima surat ketetapan          In April 2019, KKM received a tax assessment letter on
        pajak atas pajak penghasilan badan untuk tahun pajak         corporate income tax for fiscal year 2017, confirming an
        2017 yang menyatakan kurang bayar sebesar                    underpayment of Rp 9,367 (including administrative
        Rp 9.367 (termasuk sanksi administratif) dibandingkan        sanction) as opposed to the claimed overpayment of Rp
        lebih       bayar      yang       diklaim        sebesar     303. KKM partially accepted the tax office corrections,
        Rp 303. KKM menerima sebagian koreksi kantor pajak,          recorded an overpayment of corporate income tax for
        mencatat kelebihan pembayaran pajak penghasilan              fiscal year 2017 as an expense in 2019. KKM did not pay
        badan tahun 2017 sebagai beban tahun 2019. KKM tidak         the underpayment and submitted an objection to the tax
        membayar kurang bayar ini dan mengajukan keberatan
                                                                     office in July 2019 in response to the tax office’s
        kepada kantor pajak di bulan Juli 2019 sebagai
                                                                     corrections, with which KKM disagreed. The tax office
        tanggapan atas koreksi kantor pajak tersebut, yang tidak
        disetujui oleh KKM. Pada bulan Mei 2020, kantor pajak        rejected KKM’s objections in May 2020, and in
        menolak keberatan yang diajukan KKM dan di bulan             September 2020, KKM appealed to the tax court.
        September 2020, KKM mengajukan banding ke
        pengadilan pajak.

        Pada bulan April 2025, KKM menerima putusan dari             In April 2025, KKM received appeal decision fully
        Pengadilan Pajak yang mengabulkan seluruh                    granted. However, in August 2025, the tax office filed an
        permohonan bandingnya. Namun, pada bulan Agustus             judical review to Supreme Court against the appeal
        2025, kantor pajak mengajukan permohonan peninjauan          decision. Subsequently, in March 2026 KKM received a
        kembali ke Mahkamah Agung atas putusan banding               decision from the Supreme Court rejecting the judicial
        tersebut. Selanjutnya, pada bulan Maret 2026, KKM            review filed by the tax office.
        menerima putusan Mahkamah Agung yang menolak
        permohonan peninjauan kembali yang diajukan oleh
        kantor pajak.

        Pada bulan April 2025, KKM menerima surat ketetapan          In April 2025, KKM received a tax assessment letter on
        pajak atas pajak penghasilan badan untuk tahun pajak         corporate income tax for fiscal year 2023, confirming an
        2023 yang menyatakan lebih bayar sebesar Rp 390, KKM         overpayment of Rp 390, KKM have received the tax
        sudah menerima pengembalian sebesar Rp 390 pada              refund of Rp 390 in June 2025.
        bulan Juni 2025.

        KSM telah mengakui provisi atas kurang bayar yang            KSM has recognized a provision for the underpayment
        timbul dari hasil ketetapan pajak tersebut pada tanggal      arising from the above tax assessment as of 31 December
        31 Desember 2025 berdasarkan penilaian manajemen             2025, based on management’s assessment of the case.
        atas kasus tersebut. Sementara, KKM telah berhasil           While, KKM has successfully defended its position, and
        mempertahankan posisinya dan sengketa pajak tersebut         the tax case has been fully resolved with no remaining
        telah diselesaikan sepenuhnya sehingga tidak terdapat        exposure. Accordingly, no provision is required as of
        lagi eksposur pajak. Dengan demikian, tidak diperlukan       31 December 2025.
        pembentukan provisi pada tanggal 31 Desember 2025.




                                                            37
Page 248
              PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
                PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                    CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                     NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
            (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)


15.   LIABILITAS IMBALAN KERJA                                                       15. EMPLOYEE BENEFITS LIABILITIES

      Liabilitas imbalan kerja terdiri dari                                 Employee benefits liabilities comprise of the following:

                                                    2025                       2024

      Imbalan pasca kerja                                  21.213                    20.663                               Post employment benefits
      Imbalan kerja jangka panjang lainnya                    299                       371                      Other long-term employee benefits
                                                           21.512                    21.034

      Imbalan pasca kerja                                                   Post employment benefits

      Sesuai dengan peraturan ketenagakerjaan di Indonesia,                 In accordance with Indonesian labor regulations, employees
      karyawan berhak atas imbalan pascakerja tertentu, yang                are entitled to certain post-employment benefits, which
      menjadi haknya pada saat pemutusan hubungan kerja, atau               become vested upon termination of employee, or retirement.
      pensiun. Tunjangan ini terutama didasarkan masa kerja dan             These benefits are primarily based on years of service and the
      kompensasi pada saat pemutusan hubungan kerja atau                    employees’ compensation at termination or retirement.
      pensiun.

      Tabel berikut menyajikan saldo kewajiban imbalan                      The following table reflects the balance of the obligation for
      pascakerja pada tanggal pelaporan serta mutasi dan beban              post-employment benefits as of the reporting dates, as well as
      yang diakui selama tahun 2025 dan 2024:                               the movements in the obligation, and the expense recognized
                                                                            during 2025 and 2024:
                                                    2025                           2024
      Kewajiban imbalan pasti, awal tahun                20.663)                      22.672)       Defined benefits obligation, beginning of year
      Termasuk dalam laba rugi:                                                                                        Included in profit or loss:
      - Biaya jasa kini                                    1.299)                         1.516)                       - Current service costs
      - Biaya bunga                                        1.316)                         1.486)                                 - Interest cost
      - Mutasi keluar                                      (165))                          (324)                                 - Transfer out
      Termasuk dalam penghasilan                                                                                  Included in other comprehensive
          komprehensif lain:                                                                                                             income:
      Keuntungan aktuarial yang timbul dari:                                                                          Actuarial gains arising from:
            - Penyesuaian pengalaman                         642                          (296)                     - Experience adjustments
            - Asumsi keuangan                                880                          (703)                       - Financial assumptions
      Lainnya                                                                                                                                  Other
      Pembayaran imbalan                                 (3.422)                      (3.688)                                           Benefits paid
      Kewajiban imbalan pasti, akhir tahun               21.213                       20.663)             Defined benefit obligation, end of the year

                                                           31 Desember/December
                                   2025           2024             2023                    2022                  2021
      Informasi historis                                                                                                       Historical information
                                                                                                                                  Present value of the
      Nilai kini kewajiban                                                                                                          defined benefit
           imbalan pasti               21.213       20.663               22.672)              23.736)               27.294)              obligation
      Penyesuaian
           pengalaman yang                                                                                                    Experience adjustments
           timbul pada                                                                                                            arising on plan
           liabilitas program               642      (296)                 (664)                   (23)             (9.723)               liability




                                                                    38
Page 249
            PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
              PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                  CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                   NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
          (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)



15. LIABILITAS IMBALAN KERJA                                                15. EMPLOYEE BENEFITS LIABILITIES
    (Lanjutan)                                                                                      (Continued)

   Imbalan kerja jangka panjang lainnya                               Other long-term employee benefits

   Perseroan menyediakan imbalan kerja jangka panjang bagi            The Company provides long-service benefits for its employees
   karyawan yang telah bekerja selama suatu periode tertentu.         who have worked for the Company a certain number of years.
   Imbalan menjadi terutang pada tanggal tertentu.                    The benefits become payable on specified anniversary dates.

   Tabel berikut menyajikan saldo dan mutasi imbalan kerja            The following reflects the balances and the movements in the
   jangka panjang lainnya untuk tahun berakhir 31 Desember            other long-term employee benefits for year ended 31
   2025 dan 2024:                                                     December 2025 and 2024:

                                                  2025                   2024

   Imbalan kerja jangka panjang lainnya,                                                             Other long-term employee benefits,
     awal tahun                                           371)                   792)                           beginning of the year
   Biaya imbalan kerja                                     68)                  (414)                                      Benefit cost
   Pembayaran imbalan                                    (140)                    (7)                                    Benefits paid
   Imbalan kerja jangka panjang lainnya,                                                             Other long-term employee benefits,
     akhir tahun                                         299)                   371)                                  end of the year

   Asumsi aktuarial                                                   Actuarial assumptions
   Asumsi utama yang digunakan dalam perhitungan aktuarial            Principal assumptions used in the actuarial calculations
   adalah sebagai berikut:                                            were as follows:
                                               2025                               2024
    Tingkat diskonto per tahun                    4,81% - 7,06%                          6,88% - 7,13%         Discount rate per annum
    Tingkat kenaikan gaji di masa                                                                            Future salary increase rate
         depan per tahun                                    3%                                     3%                       per anum

   Pada tanggal 31 Desember 2025, durasi rata-rata tertimbang         As of 31 December 2025, the weighted-average duration of
   atas liabilitas imbalan pasti adalah 6,61 per tahun (2024: 5,95    the defined benefits obligation was 6.61 years (2024: 5.95
   tahun).                                                            years).

   Tingkat diskonto digunakan dalam menentukan nilai kini             The discount rate used in determining the present value of
   kewajiban imbalan kerja pada tanggal penilaian. Secara             the benefit obligation at valuation date. In general, the
   umum, tingkat diskonto berhubungan dengan hasil imbal              discount rate correlates with the yield on zero coupon
   hasil obligasi pemerintah tanpa kupon yang diperdagangkan          government bonds that are traded in active capital market at
   di pasar modal aktif pada tanggal pelaporan.                       the reporting date.

   Asumsi kenaikan gaji di masa depan mencerminkan proyeksi           The future salary increase assumption reflects the projected
   kenaikan gaji selama periode dari tanggal penilaian hingga         salary increments during the period from the valuation date
   perkiraan usia pensiun yang diharapkan. Tingkat kenaikan           through the expected retirement age. The salary increase
   gaji umumnya ditentukan dengan menerapkan penyesuaian              rate is generally determined by applying inflation
   inflasi terhadap tingkat upah dan juga bertambahnya masa           adjustments to pay scales, and by taking account of the
   kerja.                                                             length of service.

   Analisis sensitivitas                                              Sensitivity analysis

   Kemungkinan besar bahwa asumsi aktuarial utama yang                It is reasonably possible that the key actuarial assumptions
   diterapkan dalam mengestimasi imbalan pascakerja dapat             applied in estimating the post-employment benefits may turn
   berbeda dari yang diharapkan. Kisaran kemungkinan                  out to be different than expected. The range of such
   variabilitas yang diharapkan akan mempengaruhi kewajiban           reasonably expected variablity would affect the defined
   imbalan pasti pada tanggal pelaporan dengan jumlah sebagai         benefit obligation at the reporting date by the following
   berikut:                                                           amounts:




                                                                 39
Page 250
           PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
             PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                 CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                  NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
         (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)


15. LIABILITAS IMBALAN KERJA                                                        15. EMPLOYEE BENEFITS LIABILITIES
    (Lanjutan)                                                                                              (Continued)

                                                  2025                                             2024
                                 Naik/Increase        Turun/Decrease           Naik/Increase              Turun/Decrease
                                                                                                                                    Change in the
    Perubahan liabilitas dari                                                                                                  obligaiton from
         variabilitas atas:                                                                                                      variability of:
    Tingkat diskonto                                                                                                                 Discount rate
         (pergerakan 1%)                  (642)                  1.047)                    (805)                    871)       (1% movement)
    Kenaikan gaji masa depan                                                                                                Future salary increase
         (pergerakan 1%)                   968)                  (581)                      800)                    (752)      (1% movement)

   Analisis ini memberikan perkiraan sensitivitas dari kewajiban              This analysis depicts the approximate sensitivity of the benefits
   imbalan terhadap kemungkinan perubahan asumsi yang                         obligation to a reasonable possible change in assumptions,
   cukup mungkin terjadi, tetapi tidak memperhitungkan                        but does not take account of the variability in the timing of the
   variabilitas pada waktu distribusi pembayaran imbalan yang                 distribution of benefit payment expected under the plan.
   diharapkan dalam program tersebut.



16. MODAL SAHAM                                                                                                      16. SHARE CAPITAL

   Pada tanggal 31 Desember 2025 dan 2024, modal dasar                     As of 31 December 2025 and 2024, the Company’s
   Perseroan sebesar Rp 1.822.800 (680.000.000 saham seri                  authorized share capital amounted to Rp 1,822,800
   A dengan nilai nominal Rp 210 [nilai penuh] per saham                   (680,000,000 series A shares at nominal value of Rp 210
   dan 16.000.000.000 saham seri B dengan nilai nominal                    [whole amount] per share and 16,000,000,000 series B
   Rp 105 [nilai penuh] per saham), dimana Rp 1.612.181                    shares at nominal value of Rp 105 [whole amount] per
   (425.000.000 saham seri A dan 14.504.100.000 saham                      share), of which Rp 1,612,181 (425,000,000 series A shares
   seri B) telah ditempatkan dan disetor penuh oleh                        and 14,504,100,000 series B shares) have been issued to and
   pemegang saham.                                                         fully paid-up by the shareholders.
   Susunan pemegang saham Perseroan pada tanggal 31                        The Company’s shareholding as of 31 December 2025 and
   Desember 2025 dan 2024, berdasarkan catatan yang                        2024, based on the record managed by PT Adimitra
   dikelola oleh PT Adimitra Transferindo, Biro                            Transferindo, was as follows:
   Administrasi Efek, adalah sebagai berikut:

                                   Jumlah Saham/Total Shares              % Kepemilikan/           Jumlah Modal/
                                Seri/Series A    Seri/Series B             % Ownership              Total Capital

   SCG Decor Public                                                                                                          SCG Decor Public
       Company Limited                      -       13.741.458.453                  92,04                    1.442.853      Company Limited
    PT Mitra Investindo                                                                                                     PT Mitra Investindo
     Multicorpora                288.140.200                     -                  1,93                        60.510          Multicorpora
    Masyarakat lainnya           136.859.800           762.641.547                  6,03                       108.818                   Public
                                 425.000.000        14.504.100.000                100,00                     1.612.181




                                                                   40
Page 251
            PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
              PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                  CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                   NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
          (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)


17. TAMBAHAN MODAL DISETOR                                                         17. ADDITIONAL PAID-IN CAPITAL

 Merupakan tambahan modal disetor yang timbul dari                Represents additional paid-in capital arising from the
 transaksi berikut:                                               following transactions:
                                                2025                     2024
 Tambahan modal disetor dari penerbitan                                                      Issuance of additional capital stock in
    saham baru tahun 2011                                8.283                  8.283                                         2011
 Hasil pelaksanaan penawaran umum terbatas                                                   Limited public offering II (HMETD) –
    II (HMETD) – bersih tahun 2012                    147.040               147.040                                        in 2012
 Selisih kurs dari setoran modal pada tahun                                                     Foreign exchange differences from
    2012                                                 4.330                   4.330                  capital injections in 2012
                                                                                             The investment property declared as a
 Deklarasi properti investasi sebagai akibat                                                    result of tax amnesty in 2016 are
   dari pengampunan pajak 2016 diakui                                                        recognized as non-monetary capital
   sebagai kontribusi modal non-moneter                 15.409                  15.409                                contribution
                                                                                                       Effect of changes in equity of
 Efek perubahan di ekuitas entitas anak                 43.595                43.595                                  subsidiaries
                                                       218.657               218.657



18. KEPENTINGAN NONPENGENDALI                                                      18. NON-CONTROLLING INTEREST

   Rincian bagian kepentingan nonpengendali atas ekuitas         The detail of the non-controlling interests’ share in equity of
   entitas anak yang dikonsolidasi adalah sebagai berikut:       the consolidated subsidiaries are as follows:
                                               2025                      2024
   Saldo awal                                         61.887)                    61.666                          Beginning balance
   Bagian oleh kepentingan nonpengendali                                                   Share in comprehensive (loss) income by
      atas (rugi) laba komprehensif                   (1.549)                       220                  the non-controlling interest
   Perubahan ekuitas entitas anak yang                                                             Changes in equity of a subsidiary
      diatribusikan kepada pemilik entitas                                                 attributable to owners of the Company
      induk dan kepentingan nonpengendali                 (3)                         1           and the non-controlling interest
                                                      60.335)                    61.887)



19. PENDAPATAN                                                                                                   19. REVENUE

                                               2025                     2024
   Penjualan barang                                                                                               Sales of products
      Lokal – pihak berelasi                      605.717                       587.209                   Local – related party
      Ekspor – pihak berelasi                       4.682                         1.914                 Export – related parties
      Ekspor – pihak ketiga                           646                           817                   Export – third parties
                                                  611.045                       589.940
   Pendapatan royalti – pihak berelasi                897                         1.994             Royalty income – related party
                                                  611.942                       591.934

   Pendapatan dari PT Kokoh Inti Arebama Tbk (pihak              Revenue from PT Kokoh Inti Arebama Tbk (related party)
   berelasi) sebagai distributor Grup untuk tahun-tahun          as the Group’s distributor, represents 99.13% and 99.54%
   berakhir tanggal 31 Desember 2025 dan 2024 masing-            of net sales in 2025 and 2024, respectively.
   masing sebesar 99,13% dan 99,54% dari jumlah
   penjualan.




                                                           41
Page 252
           PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
             PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                 CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                  NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
         (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)

20. BEBAN POKOK PENDAPATAN                                                                            20. COST OF REVENUE
                                               2025                          2024

  Bahan baku yang digunakan                        164.133                          169.056                       Raw materials used
  Biaya tenaga kerja langsung                       67.043                           61.688                              Direct labor
  Beban penyusutan (Catatan 7)                      32.960                           36.341            Depreciation expense (Note 7)
  Biaya pabrikasi                                  320.052                          297.699                 Manufacturing overhead
  Jumlah biaya produksi                            584.188                          564.784                    Total production costs
  Pergerakan barang dalam pengolahan dan                                                            Changes in the balance of work-in
     barang jadi                                    (1.438)                           6.479            process and finished goods
                                                   582.750                          571.263

  Tidak terdapat pembelian kepada pihak tertentu yang                 There were no purchases to certain parties which exceed
  melebihi 10% dari total pendapatan.                                 10% of the total revenue.

21. BEBAN ADMINISTRASI                                                                    21. ADMINISTRATIVE EXPENSES
                                                      2025                    2024
                                                                                                          Salaries and other employee
    Gaji dan tunjangan karyawan lainnya                      12.795                  10.264                          compensation
    Jasa profesional dan manajemen                           12.304                  20.583     Professional and management services
    Jasa IT                                                   4.380                   6.359                                 IT services
    Pajak lain-lain dan lisensi                               2.026                   1.651                   Other taxes and licenses
    Komunikasi                                                  828                     784                          Communications
    Penyusutan (Catatan 7)                                      444                     188                     Depreciation (Note 7)
    Sewa                                                        262                     599                                      Rental
    Perjalanan dinas                                            216                     511                        Travelling expenses
    Lain-lain                                                 1.471                   1.417                                     Others
                                                             34.726                  42.356

22. SALDO LABA YANG TELAH DITENTUKAN                                                                   22. APPROPRIATED
    PENGGUNAANNYA                                                                                    RETAINED EARNINGS
   Rapat Umum Pemegang Saham Tahunan Perseroan tanggal                  The Annual General Shareholders’ Meeting of the
   26 Juni 2015 (risalah dibuat oleh Sri Hidianingsih Adi               Company on 26 June 2015 (minutes prepared by public
   Sugijanto, S.H., dengan akta No. 40) menyetujui sejumlah             notary Sri Hidianingsih Adi Sugijanto. S.H., by deed
   Rp 2.767 dari saldo laba ditetapkan sebagai dana cadangan.           No. 40) resolved to appropriate Rp 2,767 of the retained
                                                                        earnings.
   Rapat Umum Pemegang Saham Tahunan Perseroan tanggal                  The Annual General Shareholders’ Meeting of the
   12 Juni 2014 (risalah dibuat oleh Sri Hidianingsih Adi               Company on 12 June 2014 (minutes prepared by Sri
   Sugijanto, S.H., dengan akta No. 18) menyetujui sejumlah             Hidianingsih Adi Sugijanto, S.H., by deed No. 18) resolved
   Rp 2.261 dari saldo laba ditetapkan sebagai dana cadangan.           to appropriate Rp 2,261 of the retained earnings.
   Rapat Umum Pemegang Saham Tahunan Perseroan tanggal                  The Annual General Shareholders’ Meeting of the
   20 Juni 2013 (risalah dibuat oleh Sri Hidianingsih Adi               Company on 20 June 2013 (minutes prepared by Sri
   Sugijanto, S.H., dengan akta No. 27) menyetujui sejumlah             Hidianingsih Adi Sugijanto, S.H., by deed No. 27) resolved
   Rp 2.131 dari saldo laba ditetapkan sebagai dana cadangan.           to appropriate Rp 2,131 of the retained earnings.

23. RUGI PER SAHAM                                                                                       23. LOSS PER SHARE

   Perhitungan rugi per saham dasar berdasarkan pada                   The computation of basic loss per share is based on the
   informasi berikut:                                                  following data:
                                                   2025                       2024

   Rugi tahun berjalan yang dapat
     diatribusikan kepada pemilik entitas                                                              Loss for the year attributable to
     induk                                              (10.439)                     (25.314)           the owners of the Company

   Jumlah saham beredar/ditempatkan rata-                                                                     Weighted average of total
     rata tertimbang                           14.929.100.000)              14.929.100.000)                outstanding/issued shares

   Rugi per saham (nilai penuh)                              (0,70)                    (1,70)          Loss per share (whole amount)
                                                             42
Page 253
         PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
           PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
        (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)



24. SALDO DAN TRANSAKSI DENGAN                                             24. RELATED PARTY BALANCES AND
    PIHAK-PIHAK BERELASI                                                                     TRANSACTIONS
   Entitas induk Grup adalah SCG Décor Public Company             The parent entity of the Group is SCG Decor Public
   Limited.                                                       Company Limited.
   Entitas induk akhir grup adalah The Siam Cement Public         The ultimate parent of the Group is The Siam Cement Public
   Company Limited (berbadan hukum di Thailand).                  Company Limited (incorporated in Thailand).
   Ikhtisar transaksi Grup yang signifikan dengan pihak-pihak     Summary of significant transactions of the Group with the
   berelasi dan persentasenya terhadap total pendapatan dan       related parties and its percentage to the total related
   beban terkait, adalah sebagai berikut:                         revenue or expenses, is as follows:
                                       2025             2025            2024           2024
   Pendapatan (Catatan 19)                                                                                  Revenue (Note 19)
     PT Kokoh Inti Arebama Tbk            606.614       99,13%            589.203      99,54%   PT Kokoh Inti Arebama Tbk
     SCG Ceramics Public Co.,                                                                    SCG Ceramics Public Co.,
       Ltd.                                   2.589      0,42%                 1.684    0,28%                     Ltd.
     Mariwasa-Siam Ceramics,                                                                     Mariwasa-Siam Ceramics,
       Inc.                                 2.093        0,34%                230       0,04%                     Inc.
                                          611.296       99,89%)           591.117      99,86%
   Pembelian                                                                                                         Purchase
    Prime - Vinh Phuc Joint Stock                                                                   Prime - Vinh Phuc Joint
     Company                                  2.271      1,10%                    -     0,00%           Stock Company
    PT Kokoh Inti Arebama Tbk                 1.896      0,92%                   22     0,01%    PT Kokoh Inti Arebama Tbk
    PT Indocorr Packaging                                                                            PT Indocorr Packaging
         Cikarang                             1.598      0,77%                   90     0,04%                 Cikarang
    PT SCG International                                                                              PT SCG International
         Indonesia                            1.125      0,55%                 1.192    0,48%                Indonesia
                                              6.890      3,34%                 1.304    0,53%

   Beban penjualan                                                                                            Selling expenses
    PT Kokoh Inti Arebama Tbk                  140      18,21%                 2.940   93,16%   PT Kokoh Inti Arebama Tbk
   Beban administrasi                                                                                  Administrative expenses
     Jasa profesional dan                                                                                 Professional and
        manajemen                                                                                    management services
        PT SCG Indonesia                      4.951     14,26%                 3.941    9,30%          PT SCG Indonesia
        SCG Decor Public                                                                               SCG Decor Public
          Company Limited                     3.863     11,12%                 1.414    3,34%           Company Limited
        The Siam Cement Public                                                                    The Siam Cement Public
          Co., Ltd.                           1.360      3,92%                  812     1,92%                   Co., Ltd.
        SCG Legal Counsel                                                                             SCG Legal Counsel
          Limited                             1.247      3,59%                 1.271    3,00%                    Limited
        SCG Ceramics Public Co.,                                                                SCG Ceramics Public Co.,
          Ltd.                                275        0,79%                    10    0,02%                      Ltd.
        Sosuco Ceramic Co., Ltd.               14        0,04%                     -    0,00%    Sosuco Ceramic Co., Ltd.
                                           11.710       33,72%                 7.448   17,58%

     Jasa IT                                                                                               IT service fees
        The Siam Cement Public                                                                  The Siam Cement Public
           Co., Ltd.                          2.346      6,76%                 5.034   11,89%               Co., Ltd.
        SCG Ceramics Public Co.,                                                              SCG Ceramics Public Co.,
          Ltd.                                    -      0,00%                   78     0,18%                    Ltd.
                                              2.346      6,76%                 5.112   12,07%




                                                         43
Page 254
          PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
            PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
        (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)



24. SALDO DAN TRANSAKSI DENGAN                                                24. RELATED PARTY BALANCES AND
    PIHAK-PIHAK BERELASI (Lanjutan)                                                   TRANSACTIONS (Continued)
   Ikhtisar saldo Grup, yang signifikan dengan pihak-pihak           Summary of significant balance of the Group with the
   berelasi dan persentasenya terhadap total aset atau liabilitas,   related party Group and its percentage to the total assets or
   adalah sebagai berikut: (lanjutan)                                liabilities, is as follows: (continued)
                                          2025              2025            2024            2024

   Piutang usaha (Catatan 5)                                                                             Trade receivables (Note 5)
      PT Kokoh Inti Arebama Tbk              166.457        17,85%             185.327     18,84%    PT Kokoh Inti Arebama Tbk

   Piutang lain-lain                                                                                              Other receivables
       PT Kokoh Inti Arebama Tbk                  181        0,02%                  241     0,02%    PT Kokoh Inti Arebama Tbk
       PT SCG Indonesia                             3        0,00%                    -     0,00%            PT SCG Indonesia
                                                  184        0,02%                  241     0,02%


   Utang usaha (Catatan 10)                                                                               Trade payables (Note 10)
      PT Indocorr Packaging                                                                              PT Indocorr Packaging
         Cikarang                                1.396       0,93%                     -    0,00%                  Cikarang dd
      Prime - Vinh Phuc Joint                                                                           Prime - Vinh Phuc Joint
          Stock Company                           648        0,43%                    -     0,00%            Stock Company
      PT SCG Barito Logistics                     209        0,14%                  109     0,06%       PT SCG Barito Logistics
      PT Kokoh Inti Arebama Tbk                   151        0,10%                    -     0,00%    PT Kokoh Inti Arebama Tbk
      SCG Ceramics Public Co.,                                                                             SCG Ceramics Public
          Ltd.                                       -       0,00%                   47     0,02%                   Co., Ltd.
                                                 2.404       1,60%                  156     0,08%


   Utang lain-lain (Catatan 11)                                                                         Other payables (Note 11)
     The Siam Cement Public Co.,                                                                  The Siam Cement Public Co.,
        Ltd.                                     2.805       1,87%                 4.981    2,65%                    Ltd.
     SCG Decor Public Company                                                                     SCG Decor Public Company
        Limited                                  2.554       1,70%                  471     0,25%                 Limited
     PT SCG Indonesia                            1.349       0,90%                 1.331    0,71%             PT SCG Indonesia
     SCG Ceramics Public Co.,                                                                              SCG Ceramics Public
        Ltd.                                      292        0,19%                  226     0,12%                  Co., Ltd.
     PT SCG International                                                                                  PT SCG International
        Indonesia                                 169        0,11%                  221     0,12%                 Indonesia
     SCG Legal Counsel Limited                    143        0,10%                  709     0,38%     SCG Legal Counsel Limited
     Sosuco Ceramic Co., Ltd.                      15        0,01%                     -    0,00%       Sosuco Ceramic Co., Ltd.
     PT Kokoh Inti Arebama Tbk                       -       0,00%                 3.271    1,74%    PT Kokoh Inti Arebama Tbk
     Siam Sanitary Ware Co., Ltd.                    -       0,00%                 135      0,07%   Siam Sanitary Ware Co., Ltd.
     PT SCG Barito Logistics                         -       0,00%                  37      0,02%       PT SCG Barito Logistics
                                                 7.327       4,88%              11.382      6,06%


   Beban akrual                                                                                                 Accrued expenses
   SCG Decor Public Company                                                                          SCG Decor Public Company
     Limited                                         -       0,00%                 1.414    0,75%                  Limited




                                                            44
Page 255
         PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
           PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
               CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
       (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)



24. SALDO DAN TRANSAKSI DENGAN                                                24. RELATED PARTY BALANCES AND
    PIHAK-PIHAK BERELASI (Lanjutan)                                                    TRANSACTIONS (Continued)

   Sifat hubungan dan jenis transaksi dengan pihak-pihak         The nature of relationship and transactions with related
   berelasi adalah sebagai berikut:                              parties, is as follows:
           Pihak-pihak berelasi/                   Hubungan relasi/                            Transaksi/
             Related parties)                 Related parties relationship)                   Transactions
   The Siam Cement Public Co., Ltd.       Entitas induk akhir/Ultimate parent Jasa IT, jasa profesional dan manajemen,
                                          entity                              dan utang lain-lain/IT service fee,
                                                                              professional and management service and
                                                                              other payable
   SCG Decor Public Company Limited       Entitas induk/Parent entity         Jasa profesional dan manajemen, utang
                                                                              lain-lain, dan beban akrual/Professional
                                                                              and management services, other payable
                                                                              and accrued expense
   SCG Ceramics Public Co., Ltd.          Entitas sepengendali/Entity under   Pendapatan, jasa IT, jasa profesional dan
                                          common control                      manajemen, piutang usaha, utang usaha dan
                                                                              utang lain-lain/Revenue, IT service fee,
                                                                              professional and management service,
                                                                              trade receivable, trade payable and other
                                                                              payable
   PT Kokoh Inti Arebama Tbk              Entitas sepengendali/Entity under   Pendapatan, pembelian, beban penjualan,
                                          common control                      piutang usaha, piutang lain-lain dan utang
                                                                              lain-lain/Revenue, purchase, selling
                                                                              expense, trade receivable, other receivable
                                                                              and other payable
   PT Indocorr Packaging Cikarang         Entitas sepengendali/Entity under   Pembelian dan utang usaha/Purchase and
                                          common control                      trade payable
   PT SCG Barito Logistics                Entitas sepengendali/Entity under   Utang usaha dan utang lain-lain/Trade
                                          common control                      payable and other payable
   PT SCG International Indonesia         Entitas sepengendali/Entity under   Pembelian dan utang lain-lain/Purchase
                                          common control                      and other payable
   PT SCG Indonesia                       Entitas sepengendali/Entity under   Jasa profesional dan manajemen dan utang
                                          common control                      lain-lain/ Professional and management
                                                                              service and other payable
   Mariwasa-Siam Ceramics, Inc.           Entitas sepengendali/Entity under   Pendapatan/Revenue
                                          common control
   SCG Legal Counsel Limited              Entitas sepengendali/Entity under   Jasa profesional dan manajemen dan utang
                                          common control                      lain-lain/Professional services and other
                                                                              payable
   Siam Sanitary Ware Co., Ltd.           Entitas sepengendali/Entity under   Utang lain-lain/Other payable
                                          common control
   Prime - Vinh Phuc Joint Stock          Entitas sepengendali/Entity under   Pembelian dan utang usaha/Purchase
   Company                                common control                      and trade payable
   Sosuco Ceramic Co., Ltd.               Entitas sepengendali/Entity under   Jasa profesional dan manajemen dan utang
                                          common control                      lain-lain/Professional and management
                                                                              services and other payable
   Kompensasi manajemen kunci                                    Key management compensation
   Manajemen kunci meliputi anggota Direksi. Berikut ini         Key management includes members of Board of Directors.
   mencerminkan kompensasi yang dibayarkan atau terutang         The following reflects the compensation paid or payable to
   kepada individu manajemen kunci atas jasa yang diberikan      key management individuals for service residual in their
   dalam kapasitas mereka sebagai karyawan.                      capacity as employees.
                                                2025                   2024
   Imbalan jangka pendek                               2.525                   1.742                    Short-term benefits




                                                          45
Page 256
                PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
                  PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                  CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                   NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
          (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)



25. INFORMASI SEGMEN OPERASI                                                                    25. OPERATING SEGMENT INFORMATION

  Segmen operasi dilaporkan sesuai dengan pelaporan                                     Operating segments are reported in accordance with the
  internal kepada pembuat keputusan operasional, yang                                   internal reporting provided to the chief operating decision
  bertanggung jawab atas alokasi sumber daya ke masing-                                 maker, which is responsible for allocating resources to the
  masing segmen yang dilaporkan serta menilai kinerja                                   reportable segments and assesses its performance. The
  masing-masing segmen tersebut. Grup memiliki dua (2)                                  Group has two (2) reportable segments including ceramic
  segmen yang dilaporkan meliputi keramik dan genteng.                                  and roof tiles.
                                                                                    2025
                                    Perseroan                      Entitas anak/
                                    Company                        Subsidiaries
                                                                               Dalam proses
                                    Keramik/            Genteng/                 likuidasi/          Eliminasi/           Konsolidasian/
                                    Ceramics            Roof tiles             In liquidation        Elimination          Consolidated

   Laporan laba rugi dan
                                                                                                                                               Consolidated statement of
     penghasilan komprehensif
                                                                                                                                               profit or loss and other
     lain konsolidasian
                                                                                                                                               comprehensive income
   Pendapatan                             485.458)             127.762)                         -)           (1.278)              611.942)                       Revenue
   Beban pokok pendapatan                (466.234)            (118.073)                         -)            1.557)             (582.750)               Cost of revenue
   Laba kotor                              19.224)               9.689)                         -)              279)               29.192)                  Gross profit
   Beban operasi dan pendapatan                                                                                                                 Operating expenses and
     (beban) lain-lain                    (26.593)              (8.317)                 (6.012)                (379)               (41.301)   other income (expense)
   (Beban) pendapatan keuangan            (10.939)               9.452)                    363)                   -)                (1.124)      Finance (costs) income
   (Rugi) laba sebelum pajak              (18.308)              10.824)                 (5.649)                (100)               (13.233)      (Loss) profit before tax
   Manfaat (beban) pajak                                                                                                                              Income tax benefit
     penghasilan                            3.442)              (2.001)                   (196)                   -)                 1.245)                 (expense)
   (Rugi) laba bersih                     (14.866)               8.823)                 (5.845)                (100)               (11.988)              Net (loss) profit
                                                                                                                                                    Other comprehensive
   Penghasilan komprehensif lain                (814)             (373)                         -)                   -)             (1.187)                     income
                                                                                                                                              Total comprehensive (loss)
                                          (15.680)               8.450)                 (5.845)                (100)               (13.175)
   Total (rugi) laba komprehensif                                                                                                                              income
   Laporan posisi keuangan                                                                                                                     Consolidated statement of
     konsolidasian                                                                                                                                  financial position

   Aset                                 1.587.878)             548.589)                 98.641)          (1.302.758)              932.350)                        Assets
   Liabilitas                            (354.085)             (27.815)                    (83)             231.977)             (150.006)                     Liabilities
   Informasi Tambahan                                                                                                                                  Other Information
   Pengeluaran barang modal (aset                                                                                                                   Capital expenditures
     tetap)                                 7.744)               6,630)                         -)                   -)            14.374)               (fixed assets)
   Penyusutan aset tetap                   20.841)              12.463)                         -)                 100)            33.404)    Depreciation of fixed assets

                                                                                    2024
                                    Perseroan                      Entitas anak/
                                    Company                        Subsidiaries
                                                                               Dalam proses
                                    Keramik/            Genteng/                 likuidasi/          Eliminasi/           Konsolidasian/
                                    Ceramics            Roof tiles             In liquidation        Elimination          Consolidated

   Laporan laba rugi dan                                                                                                                       Consolidated statement of
     penghasilan komprehensif                                                                                                                  profit or loss and other
     lain konsolidasian                                                                                                                        comprehensive income
   Pendapatan                             471.419)             124.365)                         -)           (3.850)              591.934)                       Revenue
   Beban pokok pendapatan                (447.600)            (122.265)                         -)           (1.398)             (571.263)               Cost of revenue
   Laba kotor                               23.819               2.100)                         -)           (5.248)               20.671)                  Gross profit
   Beban operasi dan pendapatan                                                                                                                 Operating expenses and
     (beban) lain-lain                    (38.762)              (9.505)                      6)               3.851)               (44.410)   other income (expense)
   (Beban) pendapatan keuangan            (11.236)               9.682)                    776)                   -)                  (778)      Finance (costs) income
   (Rugi) laba sebelum pajak              (26.179)               2.277)                    782)              (1.397)               (24.517)      (Loss) profit before tax
   Manfaat pajak penghasilan                1.315)             (1.892))                      -)                   -)                  (577)           Income tax benefit
   (Rugi) laba bersih                     (24.864)                 385)                    782)              (1.397)               (25.094)              Net (loss) profit
                                                                                                                                                    Other comprehensive
   Penghasilan komprehensif lain                637)               142)                         -)                   -)               779)                      income
                                                                                                                                              Total comprehensive (loss)
                                          (24.227)                 527)                    782)              (1.397)               (24.315)
   Total (rugi) laba komprehensif                                                                                                                              income
   Laporan posisi keuangan                                                                                                                     Consolidated statement of
     konsolidasian                                                                                                                                  financial position

   Aset                                 1.610.910)             539.604)               110.805)           (1.277.618)              983.701)                        Assets
   Liabilitas                            (361.437)             (27.279)                (6.402)              206.936)             (188.182)                     Liabilities
   Informasi Tambahan                                                                                                                                  Other Information
   Pengeluaran barang modal (aset                                                                                                                   Capital expenditures
     tetap)                                14.465)               3.156)                         -)                -)               17.621)               (fixed assets)
   Penyusutan aset tetap                   21.095)              14.036)                         -)            1.398)               36.529)    Depreciation of fixed assets




                                                                             46
Page 257
         PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
           PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
               CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
       (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)



26. INSTRUMEN KEUANGAN DAN                                                              26. FINANCIAL INSTRUMENTS AND
    MANAJEMEN RISIKO KEUANGAN                                                              FINANCIAL RISK MANAGEMENT
  Instrumen keuangan                                                   Financial instruments
  Aset keuangan diukur pada biaya perolehan di amortisasi              Financial assets measured at amortized cost consist of cash
  terdiri dari kas dan setara kas, piutang usaha, piutang lain-        and cash equivalents, trade receivables, other receivables,
  lain, dan deposit yang dapat dikembalikan (bagian dari aset          and refundable deposits (part of other non-current assets).
  tidak lancar lain-lain).
  Liabilitas keuangan diukur pada biaya perolehan di                   Financial liabilities measured at amortized cost consist of
  amortisasi terdiri dari utang bank, utang usaha, utang lain-         bank loan, trade payables, other payables, accrued
  lain, beban akrual, dan liabilitas jangka pendek lainnya.            expenses, and other current liability.
  Sebagian besar aset dan liabilitas keuangan Grup                     Most of the Group’s financial assets and liabilities are
  diharapkan dapat direalisasi, atau diselesaikan dalam                expected to be realized, or settled in the near term.
  waktu dekat. Oleh karena itu, nilai tercatatnya mendekati            Therefore, their carrying amounts approximate their fair
  nilai wajarnya.                                                      values.
  Manajemen risiko keuangan                                            Financial risk management

  Risiko utama yang timbul dari instrumen keuangan Grup                The main risks arising from the Group’s financial
  adalah risiko kredit, risiko likuiditas, dan risiko pasar.           instruments are credit risk, liquidity risk, and market risk.
   a. Risiko kredit                                                     a. Credit risk

      Risiko kredit adalah risiko kerugian keuangan bagi                      Credit risk is the risk of financial loss in the event that
      Grup jika pelanggan atau rekanan dari instrumen                         a customer or counterparty to a financial instrument fail
      keuangan gagal memenuhi kewajiban kontraktualnya.                       to meet its contractual obligations. The Group’s credit
      Risiko kredit Grup timbul terutama dari piutang dari                    risk principally arises from trade receivables from
      pelanggan.                                                              customers.
      Nilai tercatat aset keuangan menunjukkan eksposur                       The carrying amounts of financial assets represent the
      kredit maksimum, sebagai berikut:                                       maximum credit exposure, as follows:
                                                        2025                       2024

     Kas di bank dan setara kas                              30.840                    37.870        Cash in bank and cash equivalents
     Piutang usaha                                          166.590                   185.415                       Trade receivables
     Piutang lain-lain                                          418                       676                        Other receivables
     Deposit yang dapat dikembalikan                                                                 Refundable deposits (part of other
      (bagian dari aset tidak lancar lain-lain)                  72                        69                    non-current assets)
                                                            197.920                   224.030

      Penurunan nilai                                                         Impairment

      Analisis kualitas kredit piutang usaha dirangkum di                 An analysis of the credit quality of trade receivables is
      bawah ini:                                                          summarized below:
                                                        2025                                2024
                                                          Penurunan nilai/                    Penurunan nilai/
                                            Bruto/Gross     Impairment          Bruto/Gross     Impairment
        Belum jatuh tempo                       166.457                   -         168.417                 -)               Not past due
        Jatuh tempo dalam 1 – 30 hari               133                   -          16.998                 -)       Past due 1 – 30 days
        Jatuh tempo dalam 31 – 60 hari                -                   -               -                 -)      Past due 31 – 60 days
        Jatuh tempo dalam 61 – 90 hari                -                   -               -                 -)      Past due 61 – 90 days
        Jatuh tempo dalam 91 – 120 hari               -                   -               -                 -)     Past due 91 – 120 days))
        Jatuh tempo dalam 121 – 365 hari              -                   -               -                 -)    Past due 121 – 365 days
                                                166.590                   -         185.415                 -)

      Pelanggan Grup yang signifikan, PT Kokoh Inti                           The Group’s most significant customer, PT Kokoh Inti
      Arebama Tbk mempunyai nilai tercatat piutang usaha                      Arebama Tbk, accounts for Rp 166,457 of the trade
      sebesar Rp 166.457 pada 31 Desember 2025 (2024: Rp                      receivables carrying amount at 31 December 2025
      185.327) sebagai distributor untuk Grup.                                (2024: Rp 185,327) as the distributor for the Group.


                                                                47
Page 258
         PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
           PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
               CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
       (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)



26. INSTRUMEN KEUANGAN DAN               26. FINANCIAL INSTRUMENTS AND FINANCIAL
    MANAJEMEN RISIKO KEUANGAN (Lanjutan)                RISK MANAGEMENT (Continued)

   Manajemen risiko keuangan (lanjutan)                             Financial risk management (Continued)
   a. Risiko kredit (Lanjutan)                                      a. Credit risk (Continued)

      Kas di bank dan setara kas                                        Cash in banks and cash equivalents

      Kas di bank dan setara kas Grup disimpan di bank-bank             The Group’s cash in banks and cash equivalents are
      yang bereputasi dan tunduk terhadap regulasi yang                 deposited at reputable banks that are subject to tight
      ketat, oleh sebab itu, eksposur kerugian adalah minimal.          regulations, therefore, the exposure to loss is minimized.
  b. Risiko likuiditas                                              b. Liquidity risk
      Risiko likuiditas adalah risiko bila Grup mengalami               Liquidity risk is the risk that the Group will encounter
      kesulitan untuk memenuhi kewajibannya sehubungan                  difficulty in meeting the obligations associated with its
      dengan liabilitas keuangan yang diselesaikan dengan               financial liabilities that are settled by delivering cash or
      pembayaran kas atau penyerahan aset keuangan                      another financial asset. The Group manages this
      lainnya. Grup mengelola likuiditasnya dengan secara               liquidity risk by preparing and evaluating budget or cash
      berkala menyusun dan mengevaluasi anggaran atau                   flow projection and its realization on a regular basis.
      proyeksi arus kas dan realisasinya.
      Grup hanya memiliki satu pelanggan signifikan sebagai             The Group only has one significant customer as
      distributor, dan karena itu, kondisi keuangan dan bisnis          distributor, and therefore, the financial and business
      pelanggan signifikan Grup mungkin memiliki dampak                 condition of the Group’s significant customer may have
      langsung terhadap risiko likuiditas Grup. Pada tanggal            a direct impact to the Group liquidity risk. As of 31
      31 Desember 2025, Grup memiliki fasilitas pinjaman                December 2025, the Group has unused short-term bank
      bank jangka pendek (termasuk cerukan bank) yang                   loan facilities (including bank overdraft) from Deutsche
      belum terpakai dari Deutsche Bank AG, Cabang Jakarta              Bank AG, Jakarta Branch and PT Bank HSBC Indonesia
      dan PT Bank HSBC Indonesia yang seluruhnya                        with total maximum amount of Rp 100,000 and US
      berjumlah masing-masing Rp 100.000 dan Dolar AS                   Dollar 8,000,000 (became US Dollar 6,750,000 on 13
      8.000.000 (menjadi Dolar AS 6.750.000 pada tanggal                January 2026), respectively. These facilities are
      13 January 2026). Fasilitas ini tersedia masing-masing            available through 31 December 2026 and 13 January
      sampai dengan 31 Desember 2026 dan 13 Januari 2027,               2027, respectively, and will continue in force for a period
      dan diperpanjang secara otomatis untuk periode satu               of one year thereafter until both parties agree to
      tahun hingga kedua belah pihak memutuskan untuk                   terminate. The bank loan facilities have no collateral
      menghentikan perjanjian tersebut. Perjanjian pinjaman             and include requirement to ensure that Siam Cement
      tidak mensyaratkan agunan dan mencakup persyaratan                Public Co., Ltd. to retain its ultimate majority
      untuk memastikan Siam Cement Public Co., Ltd. akan                shareholding and management control over the Group.
      mempertahankan kepemilikan saham mayoritas dan
      kontrol manajemennya pada Grup.
      Berikut adalah jatuh tempo kontraktual dari liabilitas                The following are the contractual maturities of financial
      keuangan, termasuk estimasi pembayaran bunga:                         liabilities, including estimated interest payments:
                                                           Arus kas kontraktual/Contractual cashflows
                                                                                                Lebih dari
                                       Nilai                                                      1 tahun/
                                 Tercatat/ Carrying                         Dalam 1 tahun/      More than
                                      amount            Jumlah/Total         Within 1 year         1 year
      31 Desember 2025                                                                                            31 December 2025
      Liabilitas keuangan                                                                                        Financial liabilities
        Pinjaman bank                             -                     -                    -               -           Bank loan
        Utang usaha                          75.457                75.457               75.457               -      Trade payables
        Utang lain-lain                      10.844                10.844               10.844               -      Other payables
        Liabilitas sewa                       5.493                 5.800                3.449           2.351     Lease liabilities
        Liabilitas jangka                                                                                            Other current
         pendek lainnya                         899                   899                  899               -          Liability
        Beban akrual                         29.935                29.935               29.935               -    Accrued expenses
                                            122.628               122.935              120.584           2.351



                                                             48
Page 259
         PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
           PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
               CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
       (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)


26. INSTRUMEN KEUANGAN DAN               26. FINANCIAL INSTRUMENTS AND FINANCIAL
    MANAJEMEN RISIKO KEUANGAN (Lanjutan)                RISK MANAGEMENT (Continued)

   Manajemen risiko keuangan (Lanjutan)                                  Financial risk management (Continued)

   b. Risiko likuiditas (Lanjutan)                                      b. Liquidity risk (Continued)

                                                             Arus kas kontraktual/Contractual cashflows
                                                                                                  Lebih dari
                                      Nilai                                                         1 tahun/
                                Tercatat/ Carrying                            Dalam 1 tahun/      More than
                                     Amount               Jumlah/Total         Within 1 year         1 year
      31 Desember 2024                                                                                               31 December 2024

      Liabilitas keuangan                                                                                           Financial liabilities
        Pinjaman bank                       38.000                     38.735               38.735             -           Bank loan
        Utang usaha                         78.314                     78.314               78.314             -       Trade payables
        Utang lain-lain                     17.788                     17.788               17.788             -       Other payables
        Liabilitas sewa                        122                        137                  137             -      Lease liabilities
        Liabilitas jangka                                                                                               Other current
         pendek lainnya                        899                        899                  899             -           liability
        Beban akrual                        23.589                     23.589               23.589             -     Accrued expenses
                                           158.712                    159.462              159.462             -

   c. Risiko pasar                                                       c. Market risk

      Risiko pasar adalah risiko bahwa perubahan nilai tukar                Market risk is the risk that changes in foreign exchange
      mata uang dan tingkat suku bunga yang akan                            rates and interest rates will affect the Group’s income or
      mempengaruhi laba Grup atau nilai dari instrumen                      the value of its financial instrument. The objective of
      keuangannya. Tujuan dari manajemen risiko pasar                       market risk management is to maintain market risk
      adalah untuk mejaga eksposur risiko pasar agar berada                 exposures within acceptable parameters, while
      di dalam parameter yang masih bisa diterima, dan juga                 optimizing the return.
      mengoptimalisasi imbal hasil.

      Risiko mata uang                                                          Currency risk

      Pembelian dari pemasok luar negeri mengekspos Grup                        Purchases of inventories from overseas suppliers
      kepada fluktuasi nilai tukar mata uang asing, yang                        expose the Group’s to fluctuating foreign exchange
      berasal dari mata uang selain mata uang fungsional                        rates, from the currencies other than the Group’s
      Grup, muncul terutama dari utang dalam Dolar                              functional currency, primarily arising from US Dollar
      Amerika Serikat dan Euro. Grup mengelola risiko ini                       and Euro payables. The Group manages this risk also
      dengan membeli atau menjual mata uang asing pada                          by buying or selling foreign currencies at spot rates,
      tanggal spot, jika diperlukan.                                            when necessary.

      Pada tanggal pelaporan, saldo aset dan liabilitas                         At reporting dates, balances of monetary assets and
      moneter dalam mata uang asing dijabarkan dalam                            liabilities denominated in foreign currencies are
      Rupiah dengan menggunakan kurs yang berlaku                               translated into Rupiah using the prevailing exchange
      sebagai berikut:                                                          rates as follows:

                                                 2025                              2024

      Dolar Amerika Serikat (USD 1)                     16.782                            16.162            United States Dollar (USD 1)
      Euro (EUR 1)                                      19.753                            16.851                           Euro (EUR 1)




                                                                 49
Page 260
         PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
           PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
               CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
       (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)



26. INSTRUMEN KEUANGAN DAN               26. FINANCIAL INSTRUMENTS AND FINANCIAL
    MANAJEMEN RISIKO KEUANGAN (Lanjutan)                RISK MANAGEMENT (Continued)
   Manajemen risiko keuangan (Lanjutan)                                   Financial risk management (Continued)

   c. Risiko pasar (Lanjutan)                                             c. Market risk (Continued)

      Risiko mata uang (Lanjutan)                                            Currency risk (Continued)

      Eksposur neto Grup terhadap mata uang asing utama                      The Group’s net exposure to main foreign currencies
      (Dolar AS dan Euro) dan ekuivalennya dalam Rupiah                      (US Dollar and Euro) and its equivalent in Rupiah is as
      adalah sebagai berikut:                                                follows:

                                                                          2025
                                                                                            Setara dalam
                                            Dalam Dolar                                    jutaan Rupiah/
                                           Amerika Serikat/         Dalam Euro/             Equivalent in
                                            In US Dollar              In Euro             millions of Rupiah

      Aset                                           59.294)                   998)                        1.015)                        Assets
      Liabilitas                                   (125.821)               (17.167)                       (2.450)                     Liabilities
      Eksposur neto                                 (66.527)               (16.169)                       (1.435)                  Net exposure

                                                                          2024
                                                                                            Setara dalam
                                             Dalam Dolar                                   jutaan Rupiah/
                                            Amerika Serikat/        Dalam Euro/             Equivalent in
                                             In US Dollar             In Euro             millions of Rupiah

      Aset                                           35.032)                 1.022)                          583)                      Assets
      Liabilitas                                   (235.674)               (47.344)                       (4.607)                   Liabilities
      Eksposur neto                                (200.642)               (46.322)                       (4.024)                Net exposure

      Menguat/melemahnya Rupiah terhadap Dolar Amerika                       A strengthening/weakening of the Rupiah, as indicated
      Serikat dan Euro pada tanggal 31 Desember 2025 dan                     below, against the US Dollar at 31 December 2025 and
      2024 akan mengakibatkan peningkatan (penurunan)                        2024 would have increased (decreased) equity and
      ekuitas dan laba rugi setelah pajak penghasilan sebesar                profit or loss after income tax by the amounts shown
      jumlah yang ditunjukkan di bawah ini. Analisa ini                      below. This analysis is based on US Dollar and Euro
      didasarkan pada varian kurs Dolar Amerika Serikat dan                  rate variances that management considers as being
      Euro yang manajemen anggap cukup layak pada                            reasonably possible at the reporting date. The analysis
      tanggal pelaporan. Analisa ini mengasumsikan bahwa                     assumes that all other variables, in particular interest
      semua variabel lain, terutama suku bunga, tetap                        rates, remain constant and ignores any impact of
      konstan dan mengabaikan dampak dari penjualan dan                      forecasted sales and purchases.
      pembelian yang dianggarkan.

                                                                                   Dampak pada
                                                                                 laba rugi setelah
                                                                                       pajak
                                                                                   penghasilan/
                                                   Dampak pada                      Impact on
                                                     ekuitas/                      profit or loss
                                                  Impact on equity               after income tax
      31 Desember 2025                                                                                                      31 December 2025
        Dolar Amerika Serikat (pergerakan 2%)                        17                              17             US Dollar (2% movement)
        Euro (pergerakan 1%)                                          2                               2                 Euro (1% movement)

      31 Desember 2024                                                                                                      31 December 2024
        Dolar Amerika Serikat (pergerakan 2%)                        51                              51             US Dollar (2% movement)
        Euro (pergerakan 1%)                                          6                               6                 Euro (1% movement)



                                                               50
Page 261
          PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
            PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                 CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                  NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
         (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)



26. INSTRUMEN KEUANGAN DAN               26. FINANCIAL INSTRUMENTS AND FINANCIAL
    MANAJEMEN RISIKO KEUANGAN (Lanjutan)                RISK MANAGEMENT (Continued)

   Manajemen risiko keuangan (Lanjutan)                              Financial risk management (Continued)

   c. Risiko pasar (Lanjutan)                                        c. Market risk (Continued)

     Risiko tingkat bunga                                              Interest rate risk

      Risiko tingkat bunga Grup timbul dari utang bank.                The Group’s interest rate risk arises from bank loan.

      Pada tanggal 31 Desember 2024, Grup memiliki                     As of 31 December 2024, the Group has variable-rate
      utang bank dengan suku bunga variabel, yang                      bank loan, which are exposed to fluctuation in cash flows
      terekspos dengan fluktuasi arus kas yang diakibatkan             due to changes in interest rate.
      oleh perubahan suku bunga pinjaman.

      Grup meminimalisir risiko tingkat bunga dengan                   The Group minimizes the interest rate risk by monitoring
      pengawasan terhadap pergerakan tingkat suku bunga                the market interest rate movement.
      pasar.

      Grup berkeyakinan bahwa perubahan pada suku                      The Group believes that a change in interest rates at the
      bunga di akhir periode pelaporan, dimana semua                   end of the reporting period, with all other variables
      variabel lain tetap sama, tidak akan memiliki dampak             remain constant, would not have significant impact to
      signifikan terhadap ekuitas dan laba rugi setelah pajak          equity and profit or loss after income tax.
      penghasilan.

     Manajemen modal                                                   Capital management

     Tujuan utama pengelolaan modal Grup adalah untuk                  The primary objective of the Group’s capital management
     memastikan pemeliharaan peringkat kredit yang tinggi              is to ensure that healthy capital ratios are maintained in
     dan rasio modal yang sehat untuk mendukung usaha                  order to support its business and maximize the return for
     dan memaksimalkan imbal hasil bagi pemegang                       shareholders. This objective is achieved by optimizing
     saham. Tujuan ini dicapai dengan mengoptimalisasi                 debt levels.
     tingkat utang.

     Kebijakan Grup adalah untuk menjaga rasio modal                  The Group’s policy is to maintain a healthy capital
     yang sehat dalam rangka untuk mengamankan                        structure in order to secure access to finance at a
     pembiayaan pada biaya yang wajar.                                reasonable cost.

                                                    2025                   2024

     Jumlah liabilitas                                 150.006)                   188.182)                          Total liabilities
     Dikurangi kas dan setara kas                      (30.840)                   (37.877)           Less cash and cash equivalents
     Utang bersih                                      119.166)                   150.305)                                  Net debt
     Jumlah ekuitas                                    782.344)                   795.519)                              Total equity
     Rasio utang terhadap modal                           0,15                       0,19                       Debt-to-equity ratio




                                                                51
Page 262
          PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
            PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
        (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)



27. IKATAN - IKATAN                                                                                    27. AGREEMENTS
   Pada tanggal 6 September 2004, Grup mengadakan                  On 6 September 2004, the Group entered into
   Distributorship Agreement dengan PT Kokoh Inti                  Distributorship Agreement with PT Kokoh Inti Arebama
   Arebama Tbk (Kokoh; pihak berelasi), di mana Kokoh              Tbk (Kokoh; related party), where Kokoh was appointed as
   ditunjuk sebagai distributor produk keramik Grup.               the distributor of the Group’s ceramic products. This
   Perjanjian ini telah diperbaharui beberapa kali dan             agreement has been renewed several times and the latest
   perpanjangan terakhir dilakukan pada tanggal 8 Desember         renewal on 8 December 2025, with the effective date
   2025, dengan tanggal efektif sejak 1 Januari 2026 sampai        starting on 1 January 2026 until 31 December 2028. Sales
   dengan 31 Desember 2028. Penjualan kepada PT Kokoh              to PT Kokoh Inti Arebama Tbk in 2025 and 2024 under this
   Inti Arebama Tbk pada tahun 2025 dan 2024 di bawah              distributorship agreement were Rp 605,717 and
   distributorship agreement ini masing-masing sebesar             Rp 587,209, respectively.
   Rp 605.717 dan Rp 587.209.
   Pada tanggal 3 Januari 2022, Perseroan mengadakan               On 3 January 2022, the Company entered into a Trademark
   Perjanjian Lisensi Merek Dagang dengan PT Kokoh Inti            Licensing Agreement with PT Kokoh Inti Arebama Tbk
   Arebama Tbk (Kokoh; pihak berelasi), dimana Perseroan           (Kokoh; related party), whereby the Company agreed to
   setuju untuk mengizinkan Kokoh menggunakan merek                allow Kokoh to use the Company’s registered trademark to
   terdaftar Perseroan untuk memasarkan produk impor Kokoh.        market Kokoh’s imported products. As compensation, the
   Sebagai imbalannya, Perseroan berhak atas royalti sebesar       Company is entitled to a royalty fee in the amount of 1% of
   1% dari penjualan bersih tahunan Kokoh atas produk impor        Kokoh’s annual net sales of imported products that use the
   yang menggunakan merek dagang terdaftar Perseroan.              Company’s registered trademark. This agreement shall be
   Perjanjian ini berlaku selama tiga tahun, berlaku surut mulai   valid for three years, retroactively starting on 1 January
   tanggal 1 Januari 2021 sampai dengan 31 Desember 2023,          2021 until 31 December 2023, and has been extended
   dan telah diperpanjang sampai dengan batas waktu yang           automatically until uncertain period of time, as long as the
   tidak ditentukan, selama hak atas Merek Terdaftar masih         title of the Registered Trademark still under the possession
   berada di pemberi lisensi. Pendapatan royalti dari Kokoh        of the licensor. Royalty income from Kokoh under this
   berdasarkan Perjanjian Lisensi Merek Dagang ini pada tahun      Trademark Licensing Agreement in 2025 and 2024
   2025 dan 2024 masing-masing sebesar Rp 897 dan Rp 1.994.        amounted to Rp 897 and Rp 1,994, respectively.
   Pada tanggal 1 Januari 2019, Grup mengadakan Perjanjian         On 1 January 2019, the Group entered into Master Service
   Jasa Utama dengan The Siam Cement Public Company                Agreement with The Siam Cement Public Company Limited
   Limited (“SCC”; pihak berelasi), Thailand. SCC akan             (“SCC”; related party), Thailand. SCC will provide
   memberikan layanan sekretaris korporat, pengurusan polis        corporate secretarial services, insurance policy
   asuransi, dan jasa konsultasi asuransi. Perjanjian ini akan     arrangement and insurance consultation service. This
   diperpanjang secara otomatis untuk periode satu tahun           agreement will continue in force for a period of one year
   hingga kedua belah pihak memutuskan untuk                       thereafter until both parties agree to terminate.
   menghentikan perjanjian tersebut.
   Pada tanggal 1 Januari 2023, Grup mengadakan Perjanjian         On 1 January 2023, the Group entered into IT Service
   Jasa IT dengan The Siam Cement Public Company Limited           Agreement with The Siam Cement Public Company Limited
   (“SCC”; pihak berelasi), Thailand. SCC akan memberikan          (“SCC”; related party), Thailand. SCC will provide
   layanan jasa IT and layanan kantor digital. Perjanjian ini      corporate IT service and digital office service. This
   akan dimulai dari 1 Januari 2023 hingga kedua belah pihak       agreement shall be commenced from 1 January 2023 until
   memutuskan untuk menghentikan perjanjian tersebut.              both parties agree to terminate.
   Jasa manajemen dan IT yang dibebankan oleh SCC di 2025          Management and IT services charged by SCC in 2025 and
   dan 2024 masing-masing sebesar Rp 3.706 dan Rp 5.846,           2024 amounted to Rp 3,706 and Rp 5,846, respectively, and
   dan dicatat sebagai beban administrasi.                         were recorded as administrative expenses.
   Pada tanggal 25 Januari 2021, Grup mengadakan                   On 25 January 2021, the Group entered into Services
   Perjanjian Layanan dengan PT SCG Indonesia (“SCG                Agreement with PT SCG Indonesia (“SCG Indonesia”;
   Indonesia”; pihak berelasi). SCG Indonesia akan                 related party). SCG Indonesia will provide service in
   memberikan layanan sehubungan dengan Bidang Kegiatan            relation to the Field of Activities (“Services”) and has the
   (“Layanan”) dan memiliki lisensi dan sumber daya yang           necessary licenses and resources to provide the services to
   diperlukan untuk menyediakan layanan kepada                     the company. Management services charged by SCG
   perusahaan. Jasa manajemen yang dibebankan oleh SCG             Indonesia in 2025 and 2024 amounted to Rp 4,951 and
   Indonesia di 2025 dan 2024 masing-masing sebesar                Rp 3,941, respectively and were recorded as administrative
   Rp 4.951 dan Rp 3.941 dan dicatat sebagai beban                 expenses.
   administrasi.


                                                              52
Page 263
         PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
           PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
        (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)



27. IKATAN – IKATAN (Lanjutan)                                                         27. AGREEMENTS (Continued)

   Pada tanggal 1 November 2022, Grup mengadakan                  On 1 November 2022, the Group entered into Consultancy
   Perjanjian Jasa Konsultansi dengan SCG Decor Public            Service Agreement with SCG Decor Public Company
   Company Limited (“SCG Decor”; pihak berelasi),                 Limited (“SCG Decor”; related party), Thailand. SCG
   Thailand. SCG Décor akan memberikan layanan                    Decor will provide service in relation with consultancy for
   sehubungan dengan kegiatan konsultansi untuk bisnis            business operation. This agreement will continue in force
   operasi. Perjanjian ini dapat diperpanjang secara otomatis     for a period of one year thereafter until both parties agree
   untuk periode satu tahun hingga kedua belah pihak              to terminate. Professional services charged by SCG Decor
   memutuskan untuk menghentikan perjanjian tersebut. Jasa        in 2025 and 2024 amounted to Rp 3,863 and Rp 1,414,
   profesional yang dibebankan oleh SCG Decor di 2025 dan         respectively, were recorded as administrative expenses.
   2024 masing-masing sebesar Rp 3.863 dan Rp 1.414,
   dicatat sebagai beban administrasi.

   Pada bulan Februari 2024, Perseroan mengadakan Service         In February 2024, the Company entered into Service
   Agreement dengan SCG Legal Counsel Limited (“SCG               Agreement with SCG Legal Counsel Limited (“SCG
   Legal”; pihak berelasi), Thailand. SCG Legal akan              Legal”; related party), Thailand. SCG Legal will provide
   memberikan layanan sehubungan dengan strategi hukum            service in relation with legal strategy to ongoing lawsuits.
   atas gugatan berjalan. Perjanjian ini memiliki tanggal         This agreement has an effective date starting on 1 January
   efektif sejak 1 Januari 2024 sampai dengan 31 Desember         2024 until 31 December 2025. Professional services
   2025. Jasa profesional yang dibebankan oleh SCG Legal di       charged by SCG Legal in 2025 and 2024 amounted to Rp
   2025 dan 2024 sebesar Rp 1.247 dan Rp 1.271, dicatat           1,247 and Rp 1,271, respectively, were recorded as
   sebagai beban administrasi.                                    administrative expenses.


28. LAINNYA                                                                                                   28. OTHERS
   Pada tahun 2022, Perseroan dan entitas anaknya, KSM,           In 2022, the Company and its subsidiary, KSM, received a
   menerima pemberitahuan dari Satuan Tugas Penanganan            notification from Task Force for Handling State Collection
   Hak Tagih Negara Dana Bantuan Likuiditas Bank                  Rights for Bank Indonesia Liquidity Assistance ("BLBI Task
   Indonesia (“Satgas BLBI”) bahwa Perseroan dan KSM,             Force”) that the Company and KSM, had a liability towards
   memiliki liabilitas terhadap negara dengan total sekitar Rp    the state totaling approximately Rp 1.4 trillion.
   1,4 triliun.
   Di masa lalu, Perseroan memiliki perjanjian pinjaman           In the past, the Company and KSM had entered into loan
   dengan beberapa bank, termasuk bank milik pemegang             agreements with several banks, including the bank owned
   saham minoritas, pendiri Perseroan (“Pendiri KIA”) yang        by a minority shareholder, the founder of the Company
   menerima bantuan keuangan dari pemerintah Indonesia            (“KIA Founder”) who received financial aids from the
   selama krisis finansial tahun 1998. Selama krisis finansial    Indonesian government during 1998 financial crisis.
   tersebut, Badan Penyehatan Perbankan Nasional (“BPPN”)         During the financial crisis, the National Banking
   mengambil alih dan mengalihkan pinjaman Perseroan dan          Restructuring Agency (“BPPN”) took control and
   KSM kepada pihak ketiga. Pinjaman ini kemudian                 transferred the Company and KSM’s loans to third parties.
   dialihkan beberapa kali pada pihak lainnya. Pada tahun         These loans were subsequently transferred multiple times to
   2008, Rapat Umum Pemegang Saham Perseroan                      another parties. In 2008, the Company’s General Meeting
   menyetujui untuk mengkonversi pinjaman tersebut                of Shareholders had approved the conversion of the loan
   menjadi ekuitas dengan menerbitkan saham baru (Seri B),        into equity by issuing new shares (Series B), through the
   melalui Bursa Efek Indonesia, kepada kreditur Perseroan        Indonesian Stock Exchange, to creditors of the Company at
   pada saat itu. Para kreditur tersebut menjadi pemegang         that time. Those creditors, consequently, became the new
   saham pengendali baru Perseroan. Pada tahun 2011, SCG          controlling shareholders of the Company. In 2011, SCG
   Decor Public Company Limited (“SCG Decor”)                     Decor Public Company Limited (“SCG Decor”) acquired
   (sebelumnya SCG Building Materials Company Limited)            those Series B shares of the Company through the
   mengakuisisi saham Seri B Perseroan melalui Bursa Efek         Indonesian Stock Exchange.
   Indonesia.




                                                             53
Page 264
         PT KERAMIKA INDONESIA ASSOSIASI Tbk DAN ENTITAS ANAK/
           PT KERAMIKA INDONESIA ASSOSIASI Tbk AND SUBSIDIARIES
                CATATAN ATAS LAPORAN KEUANGAN KONSOLIDASIAN (Lanjutan)/
                 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
        (Dalam jutaan Rupiah, kecuali dinyatakan lain/In millions of Rupiah, unless otherwise specified)


28. LAINNYA (Lanjutan)                                                                          28. OTHERS (Continued)
   Sehubungan dengan permintaan Satgas BLBI,                      In response to the BLBI Task Force's request, the Ministry
   Kementerian Hukum dan Hak Asasi Manusia Republik               of Law and Human Rights of the Republic of Indonesia
   Indonesia     ("Kemenkumham")          telah   melakukan       (“MOLHR”) has suspended the Company and KKM from
   pemblokiran akses Perseroan dan KKM pada Sistem                entering the registration system with the MOLHR, which is
   Administrasi Badan Hukum ("SABH") Kemenkumham,                 system used for submitting changes or additions to articles
   yaitu sistem yang digunakan untuk mengajukan perubahan         of association and other registered corporate information
   atau penambahan anggaran dasar dan informasi                   of companies in Indonesia.
   perusahaan lain yang terdaftar dari perusahaan-perusahaan
   di Indonesia.

   Pada tanggal 17 November 2023 dan 6 Desember 2023,             On 17 November 2023 and on 6 December 2023, the
   Perseroan dan KKM mengajukan gugatan terhadap                  Company and KKM filed lawsuits against the relevant
   instansi terkait pemerintah Indonesia ke Pengadilan Tata       Indonesian government authorities to the Jakarta State
   Usaha Negata Jakarta (“PTUN”), untuk meminta agar              Administrative Court (“PTUN”), requesting the alleged
   dugaan liabilitas tersebut dinyatakan tidak sah dan dicabut    liability to be declared invalid and revoked and requesting
   dan pemblokiran akses Perseroan dan KKM terhadap               the Company’s and KKM’s access to the MOLHR system be
   sistem administrasi Kemenkumham dinyatakan tidak sah           unblocked.
   dan dicabut.

   Pada bulan Juli 2024, PTUN menolak gugatan di atas yang        In July 2024, the PTUN dismissed the above lawsuits in
   mana Perseroan dan KKM telah mengajukan banding atas           which the Company and KKM have appealed such decisions
   keputusan tersebut ke Pengadilan Tinggi Tata Usaha             to the State Administrative High Court of Jakarta (“High
   Negara Jakarta (“Pengadilan Tinggi”). Selanjutnya, pada        Court”). Subsequently, in October 2024, the High Court
   bulan Oktober 2024, Pengadilan Tinggi menguatkan               upheld the decision of PTUN, dismissing the lawsuits. The
   keputusan PTUN, dalam menolak gugatan. Dasar PTUN              basis of PTUN and the high court to issue a decision were
   dan Pengadilan Tinggi dalam mengeluarkan putusan hanya         only considered formal matters (i.e., some of the disputed
   mempertimbangkan hal-hal formil (yakni sebagian objek          objects are not within the absolute competence of PTUN,
   sengketa dianggap tidak berada dalam kompetensi absolut        and the lawsuit submitted has exceeded the permitted time
   dari PTUN, dan gugatan yang diajukan telah melampaui           period). The context and material matters of the dispute
   jangka waktu yang diperbolehkan). Hal-hal kontekstual          objects, including the examination of the evidence held by
   dan materiil atas objek sengketa, termasuk pemeriksaan         the Company, have not yet been taken into account in the
   alat bukti yang dimiliki Perseroan, belum dipertimbangkan      legal proceedings on PTUN and the high court. Therefore,
   dalam proses hukum yang telah berlangsung di PTUN dan          the Company and KKM are proceeding with the cassation,
   Pengadilan Tinggi. Oleh karena itu, Perseroan dan KKM          for the Supreme Court to reconsider the High Court’s
   mengajukan kasasi ke Mahkamah Agung untuk                      decisions.
   mempertimbangkan kembali putusan Pengadilan Tinggi
   tersebut.

   Pada tahun 2025, Mahkamah Agung (pada tingkat kasasi)          In 2025, the Supreme Court (at the cassation level) have
   menolak gugatan diatas. Oleh karena itu, Perseroan dan         dismissed the above lawsuits. Therefore, the Company and
   KKM dalam proses mengajukan keberatan kepada                   KKM are currently in the process of their objections to the
   Mahkamah Agung (pada tingkat peninjauan kembali)               Supreme Court (at the case review level) to request a review
   untuk mengajukan peninjauan atas putusan tersebut.             of the aforementioned judgment.

   Manajemen telah menelaah bahwa tidak terdapat                  Management has assessed that there is no present or
   kewajiban kini atau yang mungkin terjadi terkait kasus-        possible obligation with regards to these cases as of 31
   kasus tersebut pada tanggal 31 Desember 2025 karena            December 2025 since the Company has strong legal basis
   Perseroan memiliki dasar hukum yang kuat untuk                 to defend its rights and interests, and to dispute the alleged
   mempertahankan hak dan kepentingannya, dan untuk               liability raised by BLBI Task Force.
   merperkarakan dugaan liabilitas dari Satgas BLBI.




                                                             54
Page 265
  ~

  Siddharta Widjaja & Rekan
  Registered Public Accountants
  35th Floor Jakarta Mori Tower
  40-41 , JI. Jend. Sudirman
  Jakarta 10210
  Indonesia
  +62 (21) 574 2333 / 574 2888




   Laporan Auditor Independen                                                                                                                         Independent Auditors' Report

   No.: 00114/2.1005/AU.1/04/1087-4/1/III/2026                                                                                       No.: 00114/2.1005/AU.1/04/ 1087-4/ 1/IIl/2026

   Para Pemegang Saham,                                                                                                                                       The Shareholders,
   Dewan Komisaris dan Direksi                                                                                                    Board of Commissioners and Board of Directors
   PT Keramika Indonesia Assosiasi Tbk:                                                                                                    PT Keramika. Indonesia Assosiasi Tbk:




   Opini                                                                                                   Opinion
   Kami telah mengaudit laporan keuangan konsolidasian                                                      We have audited the consolidated financial statements of
   PT Keramika Indonesia Assosiasi Tbk dan entitas anaknya                                                 PT Keramika. Indonesia Assosiasi Tbk and its subsidiaries
   ("Grup"), yang terdiri dari laporan posisi keuangan konsolidasian                                       ("the Group"), which comprise the consolidated statement of
   tanggal 31 Desember 2025, serta laporan laba rugi dan penghasilan                                       financial position as of 31 December 2025, the consolidated
   komprehensif lain konsolidasian, laporan perubahan ekuitas                                              statements ofprofit or loss and other comprehensive income,
   konsolidasian, dan laporan arus kas konsolidasian untuk tahun yang                                      changes in equity, and cash flows for the year then ended, and
   berakhir pada tanggal tersebut, serta catatan atas laporan keuangan                                     notes to the consolidatedfinancial statements, comprising
   konsolidasian, yang terdiri dari informasi kebijakan akuntansi                                          material accounting policies and other explanatory information.
   material dan informasi penjelasan lainnya.

   Menurut opini kami, laporan keuangan konsolidasian terlampir                                            In our opinion, the accompanying consolidated financial
   menyajikan secara wajar, dalam semua ha! yang material, posisi                                          statements present fairly, in all material respects, the
   keuangan konsolidasian Grup tanggal 31 Desember 2025, serta                                             consolidated financial position of the Group as of
   kinerja keuangan konsolidasian dan arus kas konsolidasiannya                                            31 December 2025, and its consolidated financial performance
   untuk tahun yang berakhir pada tanggal tersebut, sesuai dengan                                          and its consolidated cash flows for the year then ended in
   Standar Akuntansi Keuangan Indonesia.                                                                   accordance with Indonesian Financial Accounting Standards.

   Basis Opini                                                                                             Basis for Opinion
   Kami melaksanakan audit kami berdasarkan Standar Audit yang                                              We conducted our audit in accordance with Standards on
   ditetapkan oleh Institut Akuntan Publik Indonesia. Tanggung jawab                                       Auditing established by the Indonesian Institute of Certified
   kami menurut standar tersebut diuraikan lebih lanjut dalam                                              Public Accountants. Our responsibilities under those standards
   paragraf Tanggung Jawab Auditor terhadap Audit atas Laporan                                             are further described in the Auditors ' Responsibilities for the
   Keuangan Konsolidasian pada laporan kami . Kami independen                                              Audit of the Consolidated Financial Statements section of our
   terhadap Grup berdasarkan ketentuan etika yang relevan dalam                                            report. We are independent of the Group in accordance with the
   audit kami atas Iaporan keuangan konsolidasian di Indonesia, dan                                        ethical requirements that are relevant to our audit of the
   kami telah memenuhi tanggung jawab etika lainnya berdasarkan                                            consolidated financial statements in Indonesia, and we have
   ketentuan tersebut. Kami yakin bahwa bukti audit yang telah kami                                        fulfilled our other ethical responsibilities in accordance with
   peroleh adalah cukup dan tepat untuk menyediakan suatu basis bagi                                       these requirements. We believe that the audit evidence we have
   opini audit kami .                                                                                      obtained is sufficient and appropriate to provide a basis for our
                                                                                                           opinion.

   Hal Audit Utama                                                                                          Key Audit Matters
   Hal audit utama adalah hal-hal yang, menurut pertimbangan                                               Key audit matters are those matters that, in our professional
   profesional kami, merupakan ha! yang paling signifikan dalam                                            judgment, were of most significance in our audit of the
   audit kami atas laporan keuangan konsolidasian periode kini.                                            consolidated financial statements of the current period. These
   Hal-ha! tersebut disampaikan dalam konteks audit kami atas                                               matters were addressed in the context of our audit of the
   laporan keuangan konsolidasian secara keseluruhan, dan dalam                                            consolidated financial statements as a whole, and in forming
   merumuskan opini kami atas laporan keuangan konsolidasian                                                our opinion thereon, and we do not provide a separate opinion
   terkait, kami tidak menyatakan suatu opini terpisah atas ha! audit                                       on these matters.
   utama tersebut.


S1ddhar1a W1dJaJa & Rekan - Registered Public Accountants, an Indonesian partnership and a member flfm of the KPMG global organization of
independent member f11ms affiliated with KPMG International L1m1ted. a private English company limited by guarantee                             License No . . 916/KM .1/2014
Page 266
Pengakuan Pendapatan                                                  Revenue Recognition
Lihat Catatan 3k dan 19 atas laporan keuangan konsolidasian.          Refer to Notes 3k and 19 to the consolidated financial
                                                                      statements.

Pendapatan merupakan ukuran penting yang digunakan untuk              Revenue is an important measure used to evaluate the
mengevaluasi kinerja Grup. yang diakui ketika pengendalian atas       performance of the Group, which is recognized when the control
barang dialihkan kepada pelanggan pada waktu tertentu, pada suatu     of goods is transferred to a customer at a point in time, at an
jumlah yang mencerminkan imbalan yang diharapkan menjadi              amount that reflects the consideration to which the Group
hak Grup dalam pertukaran untuk barang tersebut. Meskipun             expects to be entitled in exchange for those goods. While the
pengakuan dan pengukuran pendapatan Grup tidak rumit,                 Group's revenue recognition and measurement are not complex,
pendapatan mungkin dapat diakui secara tidak tepat sebagai akibat     revenue may be inappropriately recognized as a result of the
dari tekanan untuk mencapai target kinerja.                           pressure to achieve performance targets.

Prosedur audit kami dalam merespon pengakuan pendapatan               Our audit procedures to address revenue recognition included
termasuk antara lain:                                                 the following:

•    menginspeksi perjanjian yang mendasari , untuk memahami          •    inspected the underlying agreement to understand its terms
     ketentuan-ketentuan yang berlaku dan mengevaluasi ketepatan           and evaluate the appropriateness of its revenue
     pengakuan, pengukuran dan penyaj ian pendapatan sesuai                recognition, measurement, and presentation in accordance
     dengan standar akuntansi yang berlaku;                                with the prevailing accounting standards;

•    mengevaluasi desain, imp lementasi, dan efektivitas              •    evaluated the design, implementation and operating
     operasional dari pengendalian internal utama atas pengakuan           effectiveness of the key internal controls over the
     dan pengukuran pendapatan;                                            recognition and measurement of revenue;

•    menginspeksi, berdasarkan uji petik, transaksi pendapatan        •    inspected, on a sample basis, revenue transactions
     yang tercatat selama tahun berjalan ke dokumen pendukung              recorded during the year with the relevant supporting
     terkait untuk meni lai apakah kriteria pendapatan tersebut            documents to assess whether the criteria for revenue
     terpenuhi;                                                            recognition were met;

•    Menginspeksi sampel transaksi pendapatan yang tercatat           •    inspected samples of revenue transactions recorded before
     sebelum dan sesudah tanggal pelaporan ke dokumen                      and after the financial year end date with the relevant
     pendukung terkait untuk menentukan apakah pendapatan                  supporting documents to determine whether the related
     tersebut telah diakui pada periode keuangan yang tepat;               revenue was recognized in the appropriate financial year;

•    menginspeksi buku besar pendapatan setelah tanggal               •    inspected the sales ledger subsequent to the financial year
     pelaporan dan meminta keterangan kepada manajemen untuk               end date and made enquiries ofmanagement to identify zf
     mengidentifikasi bilamana terdapat nota kredit signifikan yang        any significant credit notes were issued or sales returns
     diterbitkan atau retur penjualan signifikan, dan menginspeksi         occurred, and inspected the relevant supporting documents
     dokumen pendukung terkait sebagaimana dibutuhkan untuk                where necessary for the purpose of assessing if the related
     menilai apakah pendapatan telah diakui pada periode                   revenue was recognized in the appropriate financial year
     pelaporan yang tepat sesuai standar akuntansi yang berlaku;           in accordance with the requirements of the prevailing
     dan                                                                   accounting standards; and

•    menginspeksi jumal yang dicatat ke pendapatan untuk              •    inspected journal entries recorded to revenue to identify
     mengidentifikasi item yang tidak biasa atau tidak teratur dan         unusual or irregular items and compared them to the
     membandingkannya ke dokumen pendukungnya.                             supporting documents.

Penilaian atas jumlah tercatat aset tetap                             Valuation of the carrying amount off,xed assets
Lihat Catatan 3i dan 7 atas laporan keuangan konsolidasian.           Refer to   otes 3i and 7 to the consolidated financial statements.

Grup mengalami rugi operasi terutama disebabkan oleh daya saing       The Group suffered an operating loss primarily due to market
pasar yang merupakan suatu indikasi kemungkinan adanya                competitiveness, which is an indication ofpossible impairment
penurunan nilai unit penghasil kas (UPK) yang mencakup aset           to the cash-generating unit (CGU) to which its fixed assets
tetapnya. Oleh karena itu, uji penurunan nilai dilakukan pada akhir   belong. Therefore, an impairment test was performed at the end
tahun.                                                                of the year.
Page 267
Metode yang digunakan dalarn melakukan pengujian penurunan                The methods used in the impairment test of the fixed assets are
nilai atas aset tetap tersebut bersifat kompleks dan penuh               complex and judgmental in nature, utilizing assumptions on
pertimbangan, menggunakan asumsi pasar masa depan dan/atau               future market and/or economic conditions. The assumptions
kondisi ekonomi. Asumsi yang digunakan termasuk proyeksi arus            used include future cash flow projections, growth rates,
kas masa depan, tingkat pertumbuhan, tingkat diskonto, dan input         discount rates, and market-based inputs used in the fair value
nilai pasar yang menjadi dasar perhitungan nilai wajar setelah           less costs of the disposal assessment.
dikurangi biaya untuk menjual.

Prosedur audit karni dalarn menganalisa penilaian penurunan nilai        Our audit procedures to assess impairment assessment offixed
aset tetap termasuk antara lain:                                         assets included the following:

•    mengevaluasi ketepatan penilaian manajemen atas identifikasi        •    evaluated management's assessment of the
     UPK dan identifikasi atas indikasi penurunan nilai UPK                   appropriateness ofCGU identification and the
     terkait;                                                                 identification of impairment indications of the respective
                                                                              CGU;

•    menguji kewajaran asumsi utama yang digunakan dalarn                •    tested the reasonableness of the key assumptions used in
     metode nilai pakai dengan membandingkan asumsi utarna                    the value in use method by comparing the Group 's key
     yang digunakan Grup dengan data histori s serta data eksternal           assumptions against historical and externally derived data
     seperti proyeksi pertumbuhan ekonomi, inflasi dan tingkat                such as projected economic growth, inflation and the
     diskonto ;                                                               discount rate;

•    mengevaluasi kompetensi dan objektivitas penilai independen,        •    evaluated the competence and objectivity of the
     metodologi penilaian yang dipakai, data pasar pembanding,                independent appraiser, the valuation methodology applied,
     serta asumsi yang digunakan dalarn penentuan nilai wajar                 the comparable market data, and the assumptions used in
     dikurangi biaya untuk menjual, serta menilai kewajaran biaya             determining the fair value less costs of disposal and
     untuk menjual ;                                                          assessing the reasonableness of costs to sell;

•    melakukan analisis sensitivitas secara independen atas asumsi       •    performed our own sensitivity analysis on the key
     utarna yang digunakan.                                                   assumptions used.

Informasi Lain                                                           Other Information
Manajemen bertanggung jawab atas informasi lain. Informasi lain          Management is responsible for the other information. The other
terdiri dari informasi yang tercantum dalarn laporan tahunan, tetapi     information comprises the information included in annual
tidak termasuk laporan keuangan konsolidasian dan laporan auditor        report, but does not include the consolidated financial
karni. Laporan tahunan diharapkan akan tersedia bagi kami setelah        statements and our auditors ' report thereon. The annual report
tanggal laporan auditor ini.                                             is expected to be made available to us after the date of this
                                                                         auditors' report.

Opini karni atas laporan keuangan konsolidasian tidak mencakup           Our opinion on the consolidated financial statements does not
informasi lain, dan oleh karena itu, karni tidak menyatakan bentuk       cover the other information and we do not express any form of
keyakinan apapun atas informasi lain tersebut.                           assurance conclusion thereon.

Sehubungan dengan audit karni atas laporan keuangan                      In connection with our audit of the consolidated financial
konsolidasian, tanggung jawab kami adalah untuk membaca                  statements, our responsibility is to read the other information
informasi lain yang teridentifikasi di atas, jika tersedia dan, dalarn   identified above when it becomes available and, in doing so,
melaksanakannya, mempertimbangkan apakah informasi lain                  consider whether the other information is materially
mengandung ketidakkonsistensian material dengan laporan                  inconsistent with the consolidated financial statements or our
keuangan konsolidasian atau pemahaman yang karni peroleh                 knowledge obtained in the audit or otherwise appears to be
selarna audit, atau mengandung kesalahan penyajian material.             materially misstated.

Ketika karni membaca laporan tahunan, jika karni menyimpulkan            When we read the annual report, if we conclude that there is a
bahwa terdapat suatu kesalahan penyajian material di dalarnnya,          material misstatement therein, we are required to communicate
karni diharuskan untuk mengomunikasikan hal tersebut kepada              the matter to those charged with governance and take
pihak yang bertanggung jawab atas tata kelola dan melakukan              appropriate actions based on the applicable laws and
tindakan yang tepat berdasarkan peraturan perundang-undangan             regulations.
yang berlaku.
Page 268
Tanggung Jawab Manajemen dan Pihak yang Bertanggung                   Responsibilities of Management and Those Charged with
Jawab atas Tata Ketola terhadap Laporan Keuangan                      Governance for the Consolidated Financial Statements
Konsolidasian
Manajemen bertanggungjawab atas penyusunan dan penyajian              Management is responsible for the preparation and fair
wajar laporan keuangan konsolidasian tersebut sesuai dengan           presentation of the consolidated financial statements in
Standar Akuntansi Keuangan Indonesia, dan atas pengendalian           accordance with Indonesian Financial Accounting Standards,
internal yang dianggap perlu oleh manajemen untuk                     and for such internal control as management determines is
memungkinkan penyusunan laporan keuangan konsolidasian yang           necessary to enable the preparation of consolidated financial
bebas dari kesalahan penyajian material, baik yang disebabkan oleh    statements that are free from material misstatement, whether
kecurangan maupun kesalahan.                                          due to fraud or error.

Dalam penyusunan laporan keuangan konsolidasian, manajemen            In preparing the consolidated financial statements, management
bertanggung jawab untuk menilai kemampuan Grup dalam                  is responsible for assessing the Group's ability to continue as a
mempertahankan kelangsungan usahanya, mengungkapkan, sesuai           going concern, disclosing, as applicable, matters related to
dengan kondisinya, hal-hal yang berkaitan dengan kelangsungan         going concern and using the going concern basis of accounting
usaha, dan menggunakan basis akuntansi kelangsungan usaha,            unless management either intends to liquidate the Group or to
kecuali manajemen memiliki intensi untuk melikuidasi Grup atau        cease operations, or has no realistic alternative but to do so.
menghentikan operasi, atau tidak memiliki alternatif yang realistis
selain melaksanakannya.

Pihak yang bertanggung jawab atas tata kelola bertanggung jawab       Those charged with governance are responsible for overseeing
untuk mengawasi proses pelaporan keuangan Grup.                       the Group's financial reporting process.


Tanggung Jawab Auditor terhadap Audit atas Laporan                    Auditors' Responsibilities for the Audit of the Consolidated
Keuangan Konsolidasian                                                Financial Statements
Tujuan kami adalah untuk memperoleh keyakinan memadai                  Our objectives are to obtain reasonable assurance about
tentang apakah laporan keuangan konsolidasian secara keseluruhan      whether the consolidated financial statements as a whole are
bebas dari kesalahan penyajian material, baik yang disebabkan oleh    free from material misstatement, whether due to fraud or error,
kecurangan maupun kesalahan, dan untuk menerbitkan laporan            and to issue an auditors' report that includes our opinion.
auditor yang mencakup opini kami. Keyakinan memadai                   Reasonable assurance is a high level of assurance, but is not
merupakan suatu tingkat keyakinan tinggi, namun bukan                 a guarantee that an audit conducted in accordance with the
merupakan suatu jaminan bahwa audit yang dilaksanakan                 Standards on Auditing will always detect a material
berdasarkan Standar Audit akan selalu mendeteksi kesalahan             misstatement when it exists. Misstatements can arise from fraud
penyaj ian material ketika ha! terse but ada. Kesalahan penyaj ian     or error and are considered material if, individually or in
dapat disebabkan oleh kecurangan maupun kesalahan dan dianggap        the aggregate, they could reasonably be expected to influence
material jika, baik secara individual maupun secara agregat, dapat    the economic decisions of users taken on the basis of these
diekspektasikan secara wajar akan memengaruhi keputusan                consolidated financial statements.
ekonomi yang diambil oleh pengguna berdasarkan laporan
keuangan konsolidasian tersebut.

Sebagai bagian dari suatu audit berdasarkan Standar Audit, kami       As part of an audit in accordance with the Standards on
menerapkan pertimbangan profesional dan mempertahankan                Auditing, we exercise professional judgment and maintain
skeptisisme profesional selama audit. Kami juga:                      professional skepticism throughout the audit. We also :

•    Mengidentifikasi dan menilai risiko kesalahan penyajian          •    Identify and assess the risks of material misstatement of the
     material dalam laporan keuangan konsolidasian, baik yang              consolidated financial statements, whether due to fraud or
     disebabkan oleh kecurangan maupun kesalahan, merancang                error, design and perform audit procedures responsive to
     dan melaksanakan prosedur audit yang responsif terhadap               those risks, and obtain audit evidence that is sufficient and
     risiko tersebut, serta memperoleh bukti audit yang cukup dan          appropriate to provide a basis for our opinion. The risk of
     tepat untuk menyediakan basis bagi opini kami. Risiko tidak           not detecting a material misstatement resulting from fraud
     terdeteksinya kesalahan penyajian material yang disebabkan            is higher than for one resulting from error, as fraud may
     oleh kecurangan lebih tinggi dari yang disebabkan oleh                involve collusion, forgery, intentional omissions,
     kesalahan, karena kecurangan dapat melibatkan kolusi,                 misrepresentations, or the override of internal control.
     pemalsuan, penghilangan secara sengaja, pernyataan salah
     atau pengabaian pengendalian internal.
Page 269
•    Memperoleh suatu pemahaman tentang pengendalian internal         •   Obtain an understanding of internal control relevant to
     yang relevan dengan audit untuk merancang prosedur audit             the audit in order to design audit procedures that are
     yang tepat sesuai dengan kondisinya, tetapi bukan untuk              appropriate in the circumstances, but not for the purpose
     tujuan menyatakan opini atas efektivitas pengendalian                of expressing an opinion on the effectiveness of the
     internal Grup.                                                       Group 's internal control.

•    Mengevaluasi ketepatan kebijakan akuntansi yang digunakan        •   Evaluate the appropriateness of accounting policies used
     serta kewajaran estimasi akuntansi dan pengungkapan terkait          and the reasonableness of accounting estimates and
     yang dibuat oleh manajemen.                                          related disclosures made by management.

•    Menyimpulkan ketepatan penggunaan basis akuntansi                •   Conclude on the appropriateness of management's use of
     kelangsungan usaha oleh manajemen dan, berdasarkan bukti             the going concern basis of accounting and, based on the
     audit yang diperoleh, apakah terdapat suatu ketidakpastian           audit evidence obtained, whether a material uncertainty
     material yang terkait dengan peristiwa atau kondisi yang             exists related to events or conditions that may cast
     dapat menyebabkan keraguan signifikan atas kemampuan                 significant doubt on the Group 's ability to continue as a
     Grup untuk mempertahankan kelangsungan usahanya. Ketika              going concern. If we conclude that a material uncertainty
     kami menyimpulkan bahwa terdapat suatu ketidakpastian                exists, we are required to draw attention in our auditors'
     material, kami diharuskan untuk menarik perhatian dalam              report to the related disclosures in the consolidated
     laporan auditor kami ke pengungkapan terkait dalam laporan           financial statements or, ifsuch disclosures are inadequate,
     keuangan konsolidasian atau, jika pengungkapan tersebut              to modify our opinion. Our conclusions are based on the
     tidak memadai, hams menentukan apakah perlu untuk                    audit evidence obtained up to the date of our auditors'
     memodifikasi opini kami. Kesimpulan kami didasarkan pada             report. However, future events or conditions may cause
     bukti audit yang diperoleh hingga tanggal laporan auditor            the Group to cease to continue as a going concern.
     kami. Namun, peristiwa atau kondisi masa depan dapat
     menyebabkan Grup tidak dapat mempertahankan
     kelangsungan usaha.

•    Mengevaluasi penyaj ian, struktur, dan isi laporan keuangan      •   Evaluate the overall presentation, structure and content of
     konsolidasian secara keseluruhan, termasuk                           the consolidated financial statements, including the
     pengungkapannya, dan apakah laporan keuangan                         disclosures, and whether the consolidated.financial
     konsolidasian mencerminkan transaksi dan peristiwa yang              statements represent the underlying transactions and
     mendasarinya dengan suatu cara yang mencapai penyajian               events in a manner that achieves fair presentation.
     wajar.


•    Merencanakan dan melaksanakan audit grup untuk                   •   Plan and perform the group audit to obtain sufficient
     memperoleh bukti audit yang cukup dan tepat terkait                  appropriate audit evidence regarding the financial
     informasi keuangan entitas atau unit bisnis dalam Grup               information of the entities or business units within the
     sebagai basis untuk merumuskan opini atas laporan keuangan           Group as basis for forming an opinion on the group
     grup. Kami bertanggung jawab atas arahan, supervisi , dan            financial statements. We are responsible for the direction,
     penelaahan atas pelaksanaan pekerjaan audit untuk tujuan             supervision and review of the audit work performed for
     audit grup. Kami tetap bertanggung jawab sepenuhnya atas             purpose of the group audit. We remain solely responsible
     opini audit kami.                                                    for our audit opinion.

Kami mengomunikasikan kepada pihak yang bertanggung jawab             We communicate with those charged with governance
atas tata kelola mengenai, antara lain, ruang lingkup dan saat yang   regarding, among other matters, the planned scope and timing
direncanakan atas audit, serta temuan audit signifikan, termasuk      of the audit and significant audit findings, including any
setiap defisiensi signifikan dalam pengendalian internal yang         significant deficiencies in internal control that we identify
teridentifikasi oleh kami selama audit.                               during our audit.

Kami juga memberikan suatu pemyataan kepada pihak yang                We also provide those charged with governance with
bertanggung jawab atas tata kelola bahwa kami telah mematuhi          a statement that we have complied with relevant ethical
ketentuan etika yang relevan mengenai independensi , dan              requirements regarding independence, and communicate with
mengomunikasikan seluruh hubungan, serta hal-hal lain yang            them all relationships and other matters that may reasonably be
dianggap secara wajar berpengaruh terhadap independensi kami,         thought to bear on our independence, and where applicable,
dan, jika relevan, langkah yang diam bi I untuk menghilangkan         actions taken to eliminate threats or safeguards applied.
ancaman atau pengamanan yang diterapkan.
Page 270
Dari hal-hal yang dikomunikasikan kepada pihak yang bertanggung      From the matters communicated with those charged with
jawab atas tata kelola, kami menentukan hal-hal tersebut yang        governance, we determine those matters that were of most
paling signifikan dalam audit atas laporan keuangan konsolidasian    significance in the audit of the consolidated financial statements
periode kini dan oleh karenanya menjadi ha! audit utama. Kami        of the current period and are therefore the key audit matters.
menguraikan ha! audit utama dalam laporan auditor kami, kecuali      We describe these matters in our auditors ' report unless law or
peraturan perundang-undangan melarang pengungkapan publik            regulation precludes public disclosure about the matter or
tentang hal tersebut atau ketika, dalam kondisi yang sangat jarang   when, in extremely rare circumstances, we determine that a
terjadi, kami menentukan bahwa suatu hal tidak boleh                 matter should not be communicated in our report because the
dikomunikasikan dalam laporan kami karena konsekuensi                adverse consequences of doing so would reasonably be expected
merugikan dari mengomunikasikan hal tersebut akan                    to outweigh the public interest benefits ofsuch communication.
diekspektasikan secara wajar melebihi manfaat kepentingan publik
atas komunikasi tersebut.


                                 Kantor Akuntan Publik/Registered Public Accountants
                                             Siddharta Widjaja & Rekan




                                               t"
                                         Andreas Haryono Tjahyadi, S.E. , CPA
                              Izin Akuntan Publik/Public Accountant License No. AP . 1087

 3 0 Maret 2026                                                                                                       30 March 2026
Page 271

          
Page 272

          
Page 273
2025                 Laporan Tahunan & Laporan Keberlanjutan
                     Annual Report & Sustainability Report




PT Keramika Indonesia Asosiasi Tbk
Graha Mobisel, 3rd Floor
Jalan Warung Buncit Raya No. 139
Jakarta Selatan 12740
Jakarta – Indonesia
P. (021) 7993 973 (hunting)
E. mkt@kiaceramics.com
www.kiaceramics.com

File

File Open PDF
Source IDX
Size6.63 MB
Published29 Apr 2026
Pages273
Characters1,425,756
Text sourceEmbedded text layer
OCR confidence—

Names mentioned 114 people and organisations named in the text · linked when the evidence is strong

linked org Keramika Indonesia Assosiasi Tbk p.2 ×378
linked person ANUVAT CHALERMCHAI · Komisaris Utama p.14 ×14
linked person BOONYARIT JAIYA · Direktur Utama p.20 ×17
linked — SCG Decor Public p.34 ×27
linked org PT KIA Keramik Mas p.37 ×32
linked person Susalak Khiew - Orn · Direktur p.46 ×6
linked org SCG Distribution Co., Ltd. p.48 ×6
linked person Warit Jintanawan · Komisaris p.49 ×21
linked org Global House p.49 ×2
linked org Kokoh Inti Arebama Tbk p.49 ×17
linked org Catur Sentosa Adiprana Tbk p.49 ×5
linked person Numpol Malichai. p.60
possible org Bursa Efek Indonesia p.9 ×2
possible person Dwi Astuti p.46
possible person Gunarso · Direktur p.55 ×8
unresolved org PT Keramika p.2 ×3
unresolved org Indonesia Assosiasi Tbk p.2 ×4
unresolved org PT Keramika Indonesia p.2 ×2
unresolved org Assosiasi Tbk p.2 ×2
unresolved person Independensi · Komisaris p.3 ×3
unresolved — Overview of Sustainability Aspect p.3
unresolved org PT Keramika Prospek p.3
unresolved org PT Realization p.3
unresolved org Indonesia Stock Exchange p.9 ×2
unresolved org PT Info Cahaya Hero p.9
unresolved org Kementerian Perindustrian p.10
unresolved org Ministry of Industry p.10
unresolved org Kementerian Perindustrian Ministry of Industry Masa Berlaku p.10
unresolved org Pusat Statistik p.15 ×2
unresolved person Furthermore · Komisaris p.17
unresolved org Bank Indonesia p.18 ×11
unresolved org Bank Indonesia’s p.29 ×2
unresolved org Pendirian · Nama Perusahaan p.34
unresolved person Juliaan Nimrod Siregar Gelar Mangaradja Namora p.34 ×3
unresolved org Menteri Kehakiman Republik Indonesia p.34
unresolved org Minister of Justice p.34
unresolved org SCG Decor Public Company Limited p.34 ×14
unresolved org SCG Building Materials Co., Ltd. p.34 ×6
unresolved org Bapepam p.36 ×8
unresolved org Decor Public Company Limited p.36 ×3
unresolved org SCG Materials Co., Ltd. p.36
unresolved org Kementerian Lingkungan Hidup p.37
unresolved org PT KIA p.37
unresolved org Ministry of Environment and Forestry p.37 ×2
unresolved org SNI ISO Decor Public Company Limited p.37
unresolved person Akta Notaris Juliaan Nimrod Siregar p.38
unresolved org Koordinasi Penanaman Modal p.38
unresolved person Sugijanto p.38
unresolved org SCG DecorPublic Company Limited p.39
unresolved org PT KIA Serpih Mas p.39 ×8
unresolved org Kementerian Lingkungan Hidup dan Kehutanan p.39
unresolved person Committee · President Director p.46 ×2
unresolved person Chairwoman · Ketua p.46 ×2
unresolved person Dr. Ancella Anitawati Hermawan Eko Raharjo p.46 ×2
unresolved person Kadin · Anggota p.47
unresolved person Permata Kuningan · Anggota p.47 ×2
unresolved person Kuningan Mulia · Member p.47 ×2
unresolved person Epicentrum Walk Office · Anggota p.47
unresolved org SCG Cement-Building Materials Co., Ltd. p.48 ×4
unresolved org Cementhai Ceramics Co., Ltd. p.48 ×2
unresolved org PT Surya Siam Keramik p.48 ×10
unresolved org SCG Cement Co., Ltd. p.49 ×2
unresolved org SCG Network Management Co., Ltd. p.49 ×2
unresolved org PT Karya Makmur Kreasi Prima p.49 ×4
unresolved org PT Siam-Indo Gypsum Industry p.49 ×2
unresolved org PT Siam-Indo Concrete Products p.49 ×2
unresolved org PT SCG Indonesia p.49 ×2
unresolved org Siam Cement Public Company Limited p.50 ×3
unresolved org Origin Property Public Company Limited p.50
unresolved person Krisana Eamvorasombat · Komisaris Independen p.51 ×6
unresolved — 2025 Annual Report & Sustainability · 49 p.51 ×2
unresolved org Thai Ceramic Co., Ltd. p.52 ×4
unresolved org Mariwasa Siam Co., Ltd. p.52 ×2
unresolved org Siam Cement Industry Co., Ltd. p.53 ×2
unresolved org Cementhai Accounting Services Co., Ltd. p.53
unresolved org PT Renos Marketplace Indonesia p.53
unresolved org PT Renos Marketplace Indonesia Rangkap p.53
unresolved org Siam Cement Public Co., Ltd. p.53 ×2
unresolved org PT Sura Indah Wood Industries p.54 ×2
unresolved — mengenai demografi karyawan disajikan untuk memberikan · is presented to provide a comprehensive overview of the p.55
unresolved — karyawan Perseroan pada tahun buku 2025 tercatat · The total number of the Company’s employees in the 2025 p.55
unresolved person sebanyak 735 orang, menurun 5,16% dibandingkan · fiscal year was recorded at 735 employees, a decrease of 5.16% p.55
unresolved — tahun 2024 yang berjumlah 775 orang. · compared to 775 employees in 2024. This change in employee p.55
unresolved — organisasi. Informasi lebih rinci mengenai demografi karyawan · needs. More detailed information on the Company’s employee p.55
unresolved — tiga tahun terakhir yang dikategorikan · demographics over the past three years, categorized by gender, p.55
unresolved — kelamin, · position, age group, education level, and employment status, is p.55
unresolved — ketenagakerjaan disajikan dalam tabel berikut: · presented in the following table: p.55
unresolved org Masyarakat SCG Decor Public Company Limited p.60
unresolved org Services Provided Accounting Firm Siddharta Widjaja dan Rekan p.63
unresolved org PT Adimitra Jasa Korpora p.63 ×3
unresolved person Sri Hidianingsih Adi Sugijanto · Notaris p.63 ×3
unresolved person H. Kirana Boutique Office p.63
unresolved person South · Komisaris p.87
unresolved org Siddharta Widjaja dan Rekan p.88
unresolved org Siddharta Widjaja & Partners p.88
unresolved org PT Kustodian Sentral Efek Indonesia p.88 ×7
unresolved org Kantor Akuntan Publik Independen p.90 ×2
unresolved org Public Accounting Siddharta Widjaja & Rekan p.90
unresolved org Firm Siddharta Widjaja & Rekan p.90
unresolved org Siddharta Widjaja & Rekan p.90 ×2
unresolved org Independent Public Siddharta Widjaja & Rekan p.92
unresolved org Accounting Firm Siddharta Widjaja & Partners p.92
unresolved person Krisana · Komisaris Independen p.94
unresolved person Meetings · Komisaris p.95 ×2
unresolved person Absent · President Commissioner p.96 ×6
unresolved person Program Orientasi · Komisaris p.97
unresolved org Advance Management Program · Komisaris p.97
unresolved person Board’s Role · Komisaris p.97
unresolved person FTSE Russell ESG Scores · Commissioner p.97
unresolved person Nominasi · Komisaris p.105
unresolved person Prosedur Nominasi · Komisaris p.105
unresolved person Persyaratan Keanggotaan · Komisaris p.105
unresolved person Keanggotaan · Komisaris p.105
unresolved person Piagam · Komisaris p.105

Extraction attempts how the parser did, and what it refused

Nothing structured was extracted from this document — the attempts below say why.

No extraction attempted yet.

Other files in this announcement 2

↑↓ select ↵ open ⇧↵ see every result