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Page 1
2025         Laporan Tahunan
             Annual Report




Memperluas Jangkauan,
Menciptakan Pertumbuhan
Inklusif
Expanding Reach, Creating Inclusive Growth
PT Mora Telematika Indonesia Tbk.
Page 2
                 Sanggahan dan Batasan Tanggung Jawab
                                         Disclaimer and Limitation of Liability



    Laporan tahunan ini memuat pernyataan kondisi            This annual report contains statement of
    keuangan, hasil operasi, kebijakan, proyeksi, rencana,   financial condition, results of operations, policies,
    strategi, serta tujuan PT Mora Telematika Indonesia      projections, plans, strategies and objectives of
    Tbk. Pernyataan-pernyataan prospektif dalam laporan      PT Mora Telematika Indonesia Tbk. The prospective
    tahunan ini dibuat berdasarkan berbagai asumsi           statements in this annual report are made on the basis
    mengenai kondisi terkini dan kondisi mendatang           of various assumptions regarding the current and
    Perseroan serta lingkungan bisnis dimana Perseroan       future conditions of the Company and the business
    menjalankan kegiatan usaha. Pernyataan-pernyataan        environment in which it operates. These statements
    tersebut memiliki prospek risiko, ketidakpastian,        have prospects for risk, uncertainty, and may result in
    serta dapat mengakibatkan perkembangan aktual            actual developments that are materially different from
    yang secara material berbeda dari yang dilaporkan.       those reported. This annual report contains the word
    Laporan tahunan ini memuat kata “Perseroan”              “Company” defined as PT Mora Telematika Indonesia
    didefinisikan sebagai PT Mora Telematika Indonesia       Tbk, which runs the main business activities as a
    Tbk yang menjalankan kegiatan usaha utama sebagai        telecommunication network provider. Sometimes
    penyelenggara jaringan telekomunikasi. Adakalanya        the words “We, “the Company” and “Moratelindo”
    kata “Kami”, “Perseroan” dan “Moratelindo” juga          are also used on the basis of convenience to call PT
    digunakan atas dasar kemudahan untuk menyebut            Mora Telematika Indonesia Tbk in general. This report
    PT Mora Telematika Indonesia Tbk secara umum.            is presented bilingually, in Indonesian language and
    Laporan ini disajikan dalam dua Bahasa yaitu Bahasa      English, using font type and size that are easy to read
    Indonesia dan Bahasa Inggris dengan menggunakan          and printed with good quality. This Annual Report is
    jenis dan ukuran huruf yang mudah dibaca dan dicetak     accessible to view and download on the Company’s
    dengan kualitas yang baik. Laporan Tahunan ini dapat     official website, www.morarepublic.co.id.
    dilihat dan diunduh di situs web resmi Perseroan yaitu
    www.morarepublic.co.id.




    Annual Report 2025 | Laporan Tahunan 2025
2   PT Mora Telematika Indonesia Tbk
Page 3
                                                                     Penjelasan Tema
                                                                        Theme Explanation




Tahun 2025 menjadi momentum bagi Perseroan untuk memperkuat ekspansi di segmen retail
dan fiber to the home (FTTH) sebagai penggerak utama pertumbuhan. Dengan strategi efisiensi
dan peningkatan cashflow, Perseroan berfokus pada penciptaan nilai nyata bagi pelanggan dan
pemangku kepentingan. Melalui infrastruktur yang kuat dan operasional yang adaptif, Perseroan
terus menjaga keberlanjutan bisnis sekaligus berkontribusi pada pemerataan konektivitas nasional.


The Company has designated 2025 as a year to reinforce expansion in the retail and fiber to the
home (FTTH) segments as its main growth engines. With efficiency strategies and healthier cash
flow, the Company aims to deliver real value for customers and stakeholders. Backed by strong
infrastructure and flexible operations, the Company seeks to maintain business sustainability while
supporting equal national connectivity.




                                                                    Annual Report 2025 | Laporan Tahunan 2025
                                                                            PT Mora Telematika Indonesia Tbk    3
Page 4
    Daftar Isi
    Table of Contents


     Penjelasan Tema                                     Profil Direksi
     Theme Explanation                              3    Profile of the Board of Directors                  70
     Penghargaan                                         Profil Dewan Komisaris
     Awards                                         7    Profile of the Board of Commissioners              78
     Sertifikasi                                         Profil Pejabat Eksekutif
     Certifications                                 9    Profile of Executive Officers                      88
                                                         Profil Sekretaris Perusahaan

                                                    01
     Kilas Kinerja 2025                                  Profile of Corporate Secretary                     92
     Performance Highlights 2025                         Demografi Sumber Daya Manusia
                                                         Human Resources Demographic                        98
     Ikhtisar Data Keuangan Penting
     Financial Highlights                           14   Informasi Pemegang Saham
                                                         Shareholders Information                           100
     Ikhtisar Data Operasional
     Operational Highlights                         18   Entitas Anak dan Perusahaan Asosiasi
                                                         Subsidiaries and Associated Companies              103
     Informasi Saham
     Stock Information                              20   Kronologis Pencatatan Saham
                                                         Stock Listing Chronology                           104

     Laporan Manajemen
                                                    02
                                                         Lembaga dan Profesi Penunjang Pasar
     Management Report                                   Modal
                                                         Capital Market Institutions and Supporting         106
                                                         Professionals
     Laporan Direksi
     Board of Directors Report                      24
                                                         Analisis dan Pembahasan
     Laporan Dewan Komisaris
     Board of Commissioners Report                  38   Manajemen
                                                         Management Discussion and Analysis
                                                                                                            04
     Surat Pernyataan Anggota Dewan
     Komisaris dan Direksi tentang Tanggung              Tinjauan Bisnis
                                                         Business Review                                    110
     Jawab atas Laporan Tahunan 2025
     PT Mora Telematika Indonesia Tbk                    Tinjauan Keuangan
     Statement Letter of the Board of               48                                                      122
                                                         Financial Review
     Commissioners and Board of Directors
     regarding Responsibility for the 2025 Annual        Informasi dan Fakta Material yang Terjadi
     Report of PT Mora Telematika Indonesia Tbk          Setelah Tanggal Laporan Akuntan
                                                         Material Information and Facts that                132

                                                    03
                                                         Occurred After the Date of the Accountant’s
     Profil Perseroan                                    Report
     Company Profile
                                                         Prospek Usaha dan Keberlangsungan
                                                         Perusahaan
     Profil Perseroan
                                                    52   Business Prospects and Company                     133
     Company Profile
                                                         Sustainability
     Riwayat Singkat Perusahaan
                                                    55   Target Tahun 2026
     Brief Company History
                                                         Target for 2026                                    135
     Jejak Langkah
                                                    56   Aspek Pemasaran
     Milestones
                                                         Marketing Aspects                                  136
     Visi, Misi, dan Nilai-Nilai Perseroan
                                                    59   Informasi Dividen
     Vision, Mission, and Values of the Company
                                                         Dividends Information                              139
     Kegiatan Usaha
     Business Activities                            60   Informasi Material Mengenai Investasi,
                                                         Ekspansi,Divestasi, Penggabungan/
     Wilayah Operasional                                 Peleburan Usaha, Akuisisi, Restrukturisasi
     Operational Areas                              64   Utang/Modal, Transaksi Material, Transaksi
                                                         Afiliasi dan Transaksi Benturan Kepentingan
     Struktur Organisasi                                 Tahun Buku 2025
     Organization Structure                         66                                                      140
                                                         Material Information Regarding Investments,
     Keanggotaan Asosiasi                                Expansions, Divestments, Mergers/
     Membership of the Association                  68   Consolidations, Acquisitions, Debt/Capital
                                                         Restructurings, Material Transactions,
                                                         Affiliated Transactions and Conflict of Interest
                                                         Transactions for the 2025 Financial Year

    Annual Report 2025 | Laporan Tahunan 2025
4   PT Mora Telematika Indonesia Tbk
Page 5
Perubahan Ketentuan Peraturan                        Perkara Hukum
Perundang-undangan yang Berpengaruh                  Legal Proceedings                                   195
Signifikan terhadap Kinerja Perusahaan
Changes in Statutory Provisions that           142   Sanksi Administratif
                                                     Administrative Sanctions                            195
Significantly Impact the Company’s
Performance                                          Kode Etik Perseroan
                                                     Company Code of Ethics                              196
Perubahan Kebijakan Akuntansi
Changes in Accounting Policies                 143
                                                     Kebijakan Kompensasi Jangka Panjang
                                                     Long-term Compensation Policy                       199
Tata Kelola Perusahaan
Corporate Governance                           05    Kebijakan Pengungkapan Informasi
                                                     Mengenai Kepemilikan Saham Anggota
                                                     Direksi dan Anggota Dewan Komisaris
Landasan, Prinsip, dan Struktur Tata Kelola          Policy on Disclosure of Information                 199
Perseroan                                            Regarding Share Ownership of Members
Foundation, Principles, and Structure of the   146   of the Board of Directors and the Board of
Company’s Corporate Governance                       Commissioners

Rapat Umum Pemegang Saham                            Sistem Pelaporan Pelanggaran
General Meeting of Shareholders                148   Whistleblowing System                              200

Direksi                                              Kebijakan Anti Korupsi
Board of Directors                             158   Anti-Corruption Policy                             204

Dewan Komisaris                                      Penerapan atas Pedoman Tata Kelola
Board of Commissioners                         162   Perusahaan Terbuka
                                                     Implementation of Public Company                   205
Nominasi dan Remunerasi Direksi dan                  Governance Guidelines
Dewan Komisaris
                                               166
Nomination and Remuneration of the Board             Tanggung Jawab Sosial
of Directors and the Board of Commissioners
Komite Audit
Audit Committee                                168
                                                     dan Lingkungan
                                                     Social and Environmental                         06
                                                     Responsibility
Komite Nominasi dan Remunerasi
Nomination and Remuneration Committee          174   Indeks Referensi Silang Surat Edaran OJK
                                                     No.16/SEOJK.04/2021 tentang Bentuk
Sekretaris Perusahaan                                dan Isi Laporan Tahunan Emiten atau
Corporate Secretary                            179
                                                     Perusahaan Publik
                                                     Cross Reference Index of OJK Circular Letter        212
Unit Audit Internal
Internal Audit Unit                            180   No.16/SEOJK.04/2021 concerning the Form
                                                     and Content of Annual Reports of Issuers or
Sistem Pengendalian Internal                         Public Companies
Internal Control System                        186
Sistem Manajemen Risiko
Risk Management System                         189
                                                     Laporan Keuangan
                                                     Financial Statements                              07
                                                                         Annual Report 2025 | Laporan Tahunan 2025
                                                                                 PT Mora Telematika Indonesia Tbk    5
Page 6
    Langkah Strategis
    untuk Mendukung
    Agenda Digital Indonesia
    dalam Percepatan dan
    Pemerataan Ekosistem
    Digital di Tanah Air
    A Strategic Initiative to Support
    Indonesia’s Digital Agenda in
    Accelerating and Expanding the
    Equitable Development of the
    Digital Ecosystem Across the
    Country




    Manfaat dari Penggabungan Usaha
    Benefits of the Merger




              Konsumen                           Karyawan                                                            Pemegang Saham
                                                                                     Indonesia
              Consumers                          Employees                                                             Shareholders


     • Layanan yang lebih cepat,        • Peluang karier yang lebih luas   • Memperkuat komitmen                • Menempatkan perusahaan
       lebih luas, dan lebih andal        di dalam organisasi yang lebih     bersama dalam mendorong              gabungan sebagai penyedia
       melalui ekosistem yang saling      besar dan lebih kompetitif.        aspirasi digital Indonesia.          utama infrastruktur dan
       melengkapi.                        Broader career paths and           Reinforces the shared                layanan digital terintegrasi di
       Faster, broader, and more          opportunities within a             commitment to advancing              Indonesia yang terdepan.
       reliable services enabled by a     larger, more competitive           Indonesia’s digital aspirations.     Positions the combined
       complementary ecosystem.           organization.                    • Mendukung tujuan                     company as a leading
     • Lebih banyak pilihan layanan     • Akses ke proyek, kapabilitas,      pemerintah untuk pemerataan          provider of integrated digital
       melalui paket layanan              dan pengalaman profesional         akses internet di seluruh            infrastructure and services in
       gabungan (bundling) dan            yang baru.                         wilayah Indonesia.                   Indonesia.
       penawaran silang antar             Access to new projects,            Supports the government’s          • Membuka peluang
       layanan (cross-selling).           capabilities, and professional     goal of equalizing internet          pertumbuhan besar melalui
       More service options through       experiences.                       access across the                    integrasi menyeluruh
       bundled offerings and cross-                                          archipelago.                         infrastruktur jaringan
       selling of services.                                                                                       telekomunikasi dari awal
                                                                                                                  hingga akhir.
                                                                                                                  Unlocks significant
                                                                                                                  growth potential from
                                                                                                                  end-to-end integration of
                                                                                                                  telecommunications network
                                                                                                                  infrastructure.




    Annual Report 2025 | Laporan Tahunan 2025
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Page 7
                                                                                                    Penghargaan
                                                                                                                       Awards


1   Nama Penghargaan I Award Name                                      3   Nama Penghargaan I Award Name
    Indonesia Best Digital Awards 2025 in Telecommunication                Indonesia Regulatory Compliance Awards 2025
    Services Industry for Strengthening Digital Connectivity and
    Technology Development Collaboration                                   Deskripsi Penghargaan I Award Description
                                                                           Penghargaan untuk perusahaan dan pimpinan yang
    Deskripsi Penghargaan I Award Description                              berkontribusi dalam mendorong kepatuhan terhadap peraturan
    Penghargaan ini diberikan sebagai pengakuan komitmen                   perundang-undangan di Indonesia.
    Moratelindo dalam menerapkan teknologi digital yang                    Awards for companies and leaders who contribute to
    berkelanjutan dan transparan dalam operasional bisnisnya.              encouraging compliance with laws and regulations in Indonesia.
    This award was presented in recognition of Moratelindo’s
    commitment to implementing sustainable and transparent                 Pemberi Penghargaan I Award Presenter
    digital technologies in its business operations.                       Hukumonline

    Pemberi Penghargaan I Award Presenter                                  Acara I Event
    Plus Media Komunika & JAKTV                                            Hukumonline Indonesia Regulatory Compliance Awards 2025

    Acara I Event                                                          Tanggal Diberikan I Awarding Date
    Indonesia Digital Sustainability Awards 2025                           9 Mei 2025
                                                                           May 9, 2025
    Tanggal Diberikan I Awarding Date
    18 Februari 2025
    February 18, 2025                                                  4   Nama Penghargaan I Award Name
                                                                           Indonesia Best Telecommunication Infrastructure Industry for
2   Nama Penghargaan I Award Name                                          Advancing Digital Access
    6th Anniversary Indonesia Best 50 CEO Awards 2025
                                                                           Deskripsi Penghargaan I Award Description
    Deskripsi Penghargaan I Award Description                              Penghargaan sebagai bentuk apresiasi terhadap dedikasi
    Penghargaan ini diberikan kepada CEO yang menunjukkan                  pelaku industri nasional dalam memperkuat daya saing dan
    kepemimpinan luar biasa, serta berhasil mendorong                      inovasi.
    pertumbuhan, inovasi dan kesuksesan organisasi mereka.                 Awards as a form of recognition for the dedication of national
    This award is presented to CEOs who demonstrate outstanding            industry players in strengthening competitiveness and driving
    leadership, and successfully drive the growth, innovation and          innovation.
    success of their organizations.
                                                                           Pemberi Penghargaan I Award Presenter
    Pemberi Penghargaan I Award Presenter                                  Warta Ekonomi & Industry.co.id
    The Iconomics
                                                                           Acara I Event
    Acara I Event                                                          Strengthening Resilience, Redefining Standards: Championing
    CEO Conference & 6th Anniversary Indonesia Best 50                     Industry 4.0 and the Digital Shift
    CEO Awards 2025
                                                                           Tanggal Diberikan I Awarding Date
    Tanggal Diberikan I Awarding Date                                      24 Juli 2025
    18 Maret 2025                                                          July 24, 2025
    March 18, 2025




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                                                                                           Annual Report 2025 | Laporan Tahunan 2025
                                                                                                   PT Mora Telematika Indonesia Tbk         7
Page 8
      5    Nama Penghargaan I Award Name                                      7   Nama Penghargaan I Award Name
           6th PR Popular Companies Indonesia Public Relations Summit             Indonesia’s Most Innovative In-House Counsel Team 2025
           2025 IT & Telecommunications Category dan/and                          Sektor Industri Technology.
           Popular PR Person Awards 2025 untuk Sekretaris Perusahaan/             Indonesia’s Most Innovative In-House Counsel Team 2025 in
           Popular PR Person Awards 2025 for Corporate Secretary                  the Technology Industry Sector.

           Deskripsi Penghargaan I Award Description                              Deskripsi Penghargaan I Award Description
           Penghargaan berdasarkan riset reputasi perusahaan, meliputi            Penghargaan atas kinerja luar biasa para in-house counsel
           Business & Commercial Reputation, People & Leadership                  leader dan tim.
           Reputation, dan Social & Citizenship Reputation.                       Recognition for the outstanding performance of in-house
           Awards are based on corporate reputation research, including           counsel leaders and teams.
           Business & Commercial Reputation, People & Leadership
           Reputation, and Social & Citizenship Reputation.                       Pemberi Penghargaan I Award Presenter
                                                                                  Hukumonline
           Pemberi Penghargaan I Award Presenter
           The Iconomics                                                          Acara I Event
                                                                                  Indonesian In-House Counsel Summit & Awards (IHCSA) 2025
           Acara I Event
           6th Indonesia Public Relations Summit 2025                             Tanggal Diberikan I Awarding Date
                                                                                  2-3 Oktober 2025
           Tanggal Diberikan I Awarding Date                                      October 2-3, 2025
           8 Agustus 2025
           August 8, 2025                                                     8   Nama Penghargaan I Award Name
                                                                                  TOP Digital Implementation 2025 – Level Stars 4 dan TOP CIO
      6    Nama Penghargaan I Award Name                                          on Digital Implementation 2025
           Top 50 Emiten dengan Kapitalisasi Pasar Menengah                       TOP Digital Implementation 2025 – Level Stars 4 and TOP CIO
           (MidCap PLCs)                                                          on Digital Implementation 2025
           Top 50 Issuers with Medium Market Capitalization
           (MidCap PLCs)                                                          Deskripsi Penghargaan I Award Description
                                                                                  Penghargaan terbesar di Indonesia di bidang Teknologi Digital
           Deskripsi Penghargaan I Award Description                              (IT & TELCO) untuk perusahaan dan instansi pemerintahan.
           Apresiasi tahunan untuk perusahaan publik dengan praktik GCG           Indonesia’s most prestigious award in the digital technology
           terbaik.                                                               sector (IT & telecommunications) for companies and
           Annual appreciation for public companies with the best GCG             government institutions.
           practices.
                                                                                  Pemberi Penghargaan I Award Presenter
           Pemberi Penghargaan I Award Presenter                                  IT Works
           Indonesian Institute for Corporate Directorship
                                                                                  Acara I Event
           Acara I Event                                                          Top Digital Awards 2025
           The 16th IICD Corporate Governance Conference and Award
                                                                                  Tanggal Diberikan I Awarding Date
           Tanggal Diberikan I Awarding Date                                      4 Desember 2025
           15 September 2025                                                      December 4, 2025
           September 15, 2025




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    Annual Report 2025 | Laporan Tahunan 2025
8   PT Mora Telematika Indonesia Tbk
Page 9
                                                                                                                                                                                                                                                                                                   Sertifikasi
                                                                                                                                                                                                                                                                                       Certifications


            Nama Sertifikasi I Certification Name                                                                                                                    2   Nama Sertifikasi I Certification Name
    1
            ISO/IEC 27001:2022 (Information Security Management                                                                                                          ISO/IEC 20000-1:2018 (IT Service Management System)
            System)
                                                                                                                                                                         Deskripsi Sertifikasi I Certification Description
            Deskripsi Sertifikasi I Certification Description                                                                                                            Memegang Sertifikat No. ITMS 690443 dan menjalankan
            Memegang Sertifikat No. IS 601584 dan menjalankan Sistem                                                                                                     Sistem Pengelolaan Jasa TI yang sesuai dengan ketentuan ISO/
            Pengelolaan Keamanan Informasi yang sesuai dengan                                                                                                            IEC 20000-1:2018 untuk cakupan berikut:
            ketentuan ISO/IEC 27001:2022 untuk cakupan berikut:                                                                                                          Sistem Manajemen Layanan Teknologi Informasi PT Mora
            Pengelolaan keamanan informasi dalam pengadaan                                                                                                               Telematika Indonesia Tbk mendukung penyediaan layanan
            infrastruktur Teknologi informasi dan komunikasi serta penyedia                                                                                              internet untuk rumah, mal, apartemen, dan korporasi kepada
            layanan internet di Pusat Data. Ini sejalan dengan Dokumen                                                                                                   pelanggan eksternal dari Kantor Pusat Jakarta dan Nusantara
            SOA No. PSD-ISO-014 revisi 7 tanggal 16 Juni 2025.                                                                                                           Data Center Jakarta sesuai dengan katalog layanan terbaru.
            Holds Certificate No. IS 601584 and operates an Information                                                                                                  Holds Certificate No. ITMS 690443 and operates an IT Service
            Security Management System which complies with the                                                                                                           Management System which complies with the requirements of
            requirements of ISO/IEC 27001:2022 for the following scope:                                                                                                  ISO IEC 20000- 1:2018 for the following scope:
            The management of information security in the provision                                                                                                      The IT Service management system of PT Mora Telematika
            of Information and Communication Technologies (ICT)                                                                                                          Indonesia Tbk supporting the provision of home, mall, suite
            Infrastructure and Internet Services Provider at Data Center.                                                                                                and corporate internet services to external customers from
            This is accordance with the Statement of Applicability                                                                                                       Head Office Jakarta and Nusantara Data Center Jakarta in
            Document No. PSD-ISO-014 revision 7 dated June 16, 2025.                                                                                                     accordance with the latest service catalogue.


            Lembaga Penerbit I Certification Issuant                                                                                                                     Lembaga Penerbit I Certification Issuant
            British Standard Institution (BSI)                                                                                                                           British Standard Institution (BSI)

            Tanggal Diterbitkan I Date of Issuance                                                                                                                       Tanggal Diterbitkan I Date of Issuance
            2 November 2013                                                                                                                                              18 Oktober 2019
            November 2, 2013                                                                                                                                             October 18, 2019

            Masa Berlaku I Valid Period                                                                                                                                  Masa Berlaku I Valid Period
            1 November 2028                                                                                                                                              17 Oktober 2028
            November 1, 2028                                                                                                                                             October 17, 2028




                                                                                                                                                                                      Certificate of Registration
                                                                                                                                                                                      IT SERVICE MANAGEMENT SYSTEM - ISO/IEC 20000-1:2018

                                                                                                                                                                                      This is to certify that:                                  PT Mora Telematika Indonesia Tbk.
                                                                                                                                                                                                                                                Grha 9, 6th floor
                                                                                                                                                                                                                                                Jl Penataran No. 9 Proklamasi
                                                                                                                                                                                                                                                Jakarta Pusat
                                                                                                                                                                                                                                                DKI Jakarta
                                                                                                                                                                                                                                                Indonesia 10320




                                                                                                                                                                                      Holds Certificate No:                                     ITMS 690443
                                                                                                                                                                                      and operates an IT Service Management System which complies with the requirements of ISO/IEC 20000-1:2018 for
                                                                                                                                                                                      the following scope:


                                                                                                                                                                                                      The IT Service management system of PT Mora Telematika Indonesia Tbk supporting the
                                                                                                                                                                                                      provision of home, mall, suite and corporate internet services to external customers from Head
                                                                                                                                                                                                      Office Jakarta and Nusantara Data Center Jakarta in accordance with the latest service
                                                                                                                                                                                                      catalogue.




                                                                                                                                                                                      For and on behalf of BSI:
                                                                                                                                                                                                                                                Michael Lam, Senior Vice President, APAC Assurance

                                                                                                                                                                                      Original Registration Date: 2019-10-18                                                                 Effective Date: 2025-10-18
                                                                                                                                                                                      Latest Revision Date: 2025-08-11                                                                       Expiry Date: 2028-10-17

                                                                                                                                                                                                                                                                                                                      Page: 1 of 2


        Certificate of Registration
        INFORMATION SECURITY MANAGEMENT SYSTEM - ISO/IEC 27001:2022                                                                                                                   This certificate was issued electronically and remains the property of BSI and is bound by the conditions of contract.
                                                                                                                                                                                      An electronic certificate can be authenticated online.
                                                                                                                                                                                      Printed copies can be validated at www.bsi-global.com/ClientDirectory or telephone +62 21 806 49 600 or +62 21 227 678 09.
        This is to certify that:                                  PT Mora Telematika Indonesia Tbk.                                                                                   Further clarifications regarding the scope of this certificate and the applicability of ISO/IEC 20000-1:2018 requirements may be obtained by consulting the
                                                                                                                                                                                      organization.
                                                                  Grha 9, 6th floor                                                                                                   This certificate is valid only if provided original copies are in complete set.
                                                                  Jl Penataran No. 9 Proklamasi
                                                                                                                                                                                      Information and Contact: BSI, Kitemark Court, Davy Avenue, Knowlhill, Milton Keynes MK5 8PP. Tel: + 44 345 080 9000
                                                                  Jakarta Pusat                                                                                                       BSI Assurance UK Limited, registered in England under number 7805321 at 389 Chiswick High Road, London W4 4AL, UK.
                                                                  DKI Jakarta


                                                                                                                                                                            2
                                                                                                                                                                                      A Member of the BSI Group of Companies.
                                                                  Indonesia 10320




        Holds Certificate No:                                      IS 601584
        and operates an Information Security Management System which complies with the requirements of ISO/IEC
        27001:2022 for the following scope:


                        The management of information security in the provision of Information and Communication
                        Technologies (ICT) Infrastructure and Internet Services Provider at Data Center. This is
                        accordance with the Statement of Applicability Document No: PSD-ISO-014 revision 7 dated 16
                        June 2025.




        For and on behalf of BSI:
                                                                  Emmanuel Herve, Managing Director, ASEAN

        Original Registration Date: 2013-11-02                                                                 Effective Date: 2025-11-02
        Latest Revision Date: 2025-08-08                                                                       Expiry Date: 2028-11-01

                                                                                                                                        Page: 1 of 2




        This certificate was issued electronically and remains the property of BSI and is bound by the conditions of contract.
        An electronic certificate can be authenticated online.
        Printed copies can be validated at www.bsi-global.com/ClientDirectory or telephone +62 21 806 49 600 or +62 21 227 678 09.
        Further clarifications regarding the scope of this certificate and the applicability of ISO/IEC 27001:2022 requirements may be obtained by consulting the
        organization.
        This certificate is valid only if provided original copies are in complete set.

        Information and Contact: BSI, Kitemark Court, Davy Avenue, Knowlhill, Milton Keynes MK5 8PP. Tel: + 44 345 080 9000
        BSI Assurance UK Limited, registered in England under number 7805321 at 389 Chiswick High Road, London W4 4AL, UK. (Accredited Certification Body for ANAB
        and UKAS)
        Indonesia Headquarters: Talavera Office Suite 20th Floor, Suite #01-06 Jl. TB Simatupang Kav. 22 - 26, Cilandak,
        Jakarta Selatan, DKI Jakarta 12430, Indonesia. Tel: +62 21 2276 7809; +62 21 8064 9600 Fax: +62 21 2276 8271. (Accredited Certification Body for KAN)
        A Member of the BSI Group of Companies.




1




                                                                                                                                                                                           Annual Report 2025 | Laporan Tahunan 2025
                                                                                                                                                                                                   PT Mora Telematika Indonesia Tbk                                                                                                                 9
Page 10
       3    Nama Sertifikasi I Certification Name                           5   Nama Sertifikasi I Certification Name
            ISO 37001:2016 (Anti Bribery Management System)                     ISO 14001:2015 (Environmental Management System)

            Deskripsi Sertifikasi I Certification Description                   Deskripsi Sertifikasi I Certification Description
            Memegang sertifikat No. IABMS 797645 dan menjalankan                Memegang Sertifikat No. EMS 663472 dan menjalankan Sistem
            Sistem Manajemen Anti Penyuapan yang memenuhi                       Pengelolaan Lingkungan Hidup yang sesuai dengan ketentuan
            persyaratan ISO 37001:2016 untuk ruang lingkup berikut:             ISO 14001:2015 untuk cakupan berikut:
            Penyediaan infrastruktur Teknologi Informasi dan Komunikasi         Manajemen Sistem Pengelolaan Lingkungan Hidup dalam
            (TIK) dan Penyedia Layanan Internet untuk Divisi Proyek dan         pengadaan infrastruktur Teknologi Informasi dan Komunikasi
            Divisi Pengadaan di Kantor Pusat.                                   serta Penyedia Layanan Internet di Pusat Data Nusantara
            Holding certificate No. IABMS 797645 and implementing an            Jakarta dan pelaksanaan proyek terkait.
            Anti-Bribery Management System that meets the requirements          Holds Certificate No. EMS 663472 and operates an
            of ISO 37001: 2016 for the following scope: Provision of            Environmental Management System which complies with the
            Information and Communication Technology (ICT) infrastructure       requirements of ISO 14001:2015 for the following scope:
            and Internet Service Providers for the Project Division and         The management of Environmental Management System in the
            Procurement Division at the Head Office.                            provision of Information and Communication Technology (ICT)
                                                                                infrastructure and Internet Services Provider (ISP) at Nusantara
                                                                                Data Center Jakarta and related project implementation.
            Lembaga Penerbit I Certification Issuant
            British Standard Institution (BSI)
                                                                                Lembaga Penerbit I Certification Issuant
            Tanggal Diterbitkan I Date of Issuance                              British Standard Institution (BSI)
            29 Desember 2023
            December 29, 2023                                                   Tanggal Diterbitkan I Date of Issuance
                                                                                4 September 2017
            Masa Berlaku I Valid Period                                         September 4, 2017
            28 Desember 2026
            December 28, 2026                                                   Masa Berlaku I Valid Period
                                                                                3 September 2026
       4    Nama Sertifikasi I Certification Name                               September 3, 2026
            ISO 9001:2015 (Quality Management System)

            Deskripsi Sertifikasi I Certification Description
            Memegang Sertifikat No. FS 601972 dan menjalankan Sistem
            Pengelolaan Kualitas yang sesuai dengan ketentuan ISO
            9001:2015 untuk cakupan berikut:
            Pengadaan Infrastruktur Teknologi Informasi dan Komunikasi
            serta Penyedia Layanan Internet.
            Holds Certificate No. FS 601972 and operates a Quality
            Management System which complies with the requirements of              3
            ISO 9001:2015 for the following scope:
            The provision of Information and Communication Technologies
            (ICT) Infrastructure and Internet Services Provider.
                                                                                              Certificate of Registration
                                                                                              ANTI-BRIBERY MANAGEMENT SYSTEM - ISO 37001:2016

            Lembaga Penerbit I Certification Issuant                                          This is to certify that:                                  PT Mora Telematika Indonesia Tbk.
                                                                                                                                                        Grha 9, 6th floor


            British Standard Institution (BSI)
                                                                                                                                                        Jl Penataran No. 9 Proklamasi
                                                                                                                                                        Jakarta Pusat
                                                                                                                                                        DKI Jakarta
                                                                                                                                                        Indonesia 10320




            Tanggal Diterbitkan I Date of Issuance                                            Holds Certificate No:                                      IABMS 797645
                                                                                              and operates an Anti-Bribery Management System which complies with the requirements of ISO 37001:2016 for the
                                                                                              following scope:


            14 September 2011                                                                                 The provision of Information and Communication Technologies (ICT) Infrastructure and
                                                                                                              Internet Services Provider for Project Division and Procurement Division at Head Office



            September 14, 2011

            Masa Berlaku I Valid Period                                                       For and on behalf of BSI:



            13 September 2026
                                                                                                                                                        Emmanuel Herve, Managing Director, ASEAN

                                                                                              Original Registration Date: 2023-12-29                                                                  Effective Date: 2023-12-29
                                                                                              Latest Revision Date: 2023-12-29                                                                        Expiry Date: 2026-12-28


            September 13, 2026                                                                                                                                                                                                Page: 1 of 1




                                                                                              This certificate was issued electronically and remains the property of BSI and is bound by the conditions of contract.
                                                                                              An electronic certificate can be authenticated online.
                                                                                              Printed copies can be validated at www.bsi-global.com/ClientDirectory or telephone +62 21 806 49 600 or +62 21 227 678 09.
                                                                                              Further clarifications regarding the scope of this certificate and the applicability of ISO 37001:2016 requirements may be obtained by consulting the organization.
                                                                                              This certificate is valid only if provided original copies are in complete set.

                                                                                              Indonesia Headquarters: Talavera Office Suite 20th Floor, Suite #01-06 Jl. TB Simatupang Kav. 22 - 26, Cilandak,
                                                                                              Jakarta Selatan , DKI Jakarta 12430, Indonesia. Tel: +62 21 2276 7809 ; +62 21 8064 9600 Fax: +62 21 2276 8271
                                                                                              A Member of the BSI Group of Companies.




     Annual Report 2025 | Laporan Tahunan 2025
10   PT Mora Telematika Indonesia Tbk
Page 11
                                           6                             Nama Sertifikasi I Certification Name                                                                                                                                                                                                                                         7                  Nama Sertifikasi I Certification Name
                                                                         ISO 45001:2018 (Occupational Health & Safety Management                                                                                                                                                                                                                                          SMK3 (Sistem Manajemen Keselamatan dan Kesehatan Kerja)
                                                                         System)                                                                                                                                                                                                                                                                                          (Occupational Health & Safety Management System)

                                                                         Deskripsi Sertifikasi I Certification Description                                                                                                                                                                                                                                                Deskripsi Sertifikasi I Certification Description
                                                                         Memegang Sertifikat No. OHS 622211 dan menjalankan Sistem                                                                                                                                                                                                                                        Sistem Manajemen Keselamatan dan Kesehatan Kerja (SMK3)
                                                                         Pengelolaan Kesehatan dan Keselamatan Kerja yang sesuai                                                                                                                                                                                                                                          merupakan sistem perlindungan bagi tenaga kerja dalam rangka
                                                                         dengan ketentuan ISO 45001:2018 untuk cakupan berikut:                                                                                                                                                                                                                                           pengendalian risiko yang berkaitan dengan kegiatan kerja guna
                                                                         Manajemen sistem pengelolaan kesehatan dan keselamatan                                                                                                                                                                                                                                           terciptanya tempat kerja yang aman, efisien dan produktif.
                                                                         kerja dalam pengadaan infrastruktur Teknologi Informasi dan                                                                                                                                                                                                                                      Occupational Safety and Health System is a protection system
                                                                         Komunikasi dan Penyedia Layanan Internet di Nusantara Data                                                                                                                                                                                                                                       for all employees to control risks related to operational activities
                                                                         Center Jakarta dan pelaksanaan proyek terkait.                                                                                                                                                                                                                                                   in an effort to create a workspace that is safe, efficient, and
                                                                         Holds Certificate No. OHS 622211 and operates an                                                                                                                                                                                                                                                 productive.
                                                                         Occupational Health and Safety Management System which
                                                                         complies with the requirements of ISO 45001:2018 for the
                                                                                                                                                                                                                                                                                                                                                                          Lembaga Penerbit I Certification Issuant
                                                                         following scope: The management of occupational health and
                                                                                                                                                                                                                                                                                                                                                                          Kementerian Ketenagakerjaan Republik Indonesia
                                                                         safety management system in the provision of Information and
                                                                                                                                                                                                                                                                                                                                                                          The Ministry of Manpower of the Republic of Indonesia
                                                                         Communication Technology (ICT) infrastructure and Internet
                                                                         Services Provider (ISP) at Nusantara Data Center Jakarta and
                                                                         related project implementation.
                                                                                                                                                                                                                                                                                                                                                                          Tanggal Diterbitkan I Date of Issuance
                                                                                                                                                                                                                                                                                                                                                                          13 Mei 2022
                                                                                                                                                                                                                                                                                                                                                                          May 13, 2022
                                                                         Lembaga Penerbit I Certification Issuant
                                                                         British Standard Institution (BSI)                                                                                                                                                                                                                                                               Masa Berlaku I Valid Period
                                                                                                                                                                                                                                                                                                                                                                          6 Oktober 2028
                                                                         Tanggal Diterbitkan I Date of Issuance                                                                                                                                                                                                                                                           October 6, 2028
                                                                         13 Agustus 2019
                                                                         August 13, 2019

                                                                         Masa Berlaku I Valid Period
                                                                         08 Agustus 2026
                                                                         August 08, 2026


                                                                                                                                                                                                                                                                                                                                                   6

                                                                                                                                                                                                                                                                                                                                                           Certificate of Registration
                                                                                                                                                                                                                                                                                                                                                           OCCUPATIONAL HEALTH & SAFETY MANAGEMENT SYSTEM - ISO 45001:2018

                                                                                                                                                                                                                                                                                                                                                           This is to certify that:                                  PT Mora Telematika Indonesia Tbk.
                                                                                                                                                                                                                                                                                                                                                                                                                     Grha 9, 6th floor
                                                                                                                                                                                                                                                                                                                                                                                                                     Jl Penataran No. 9 Proklamasi
                                                                                                                                                                                                                                                                                                                                                                                                                     Jakarta Pusat
                                                                                                                                                                                                                                                                                                                                                                                                                     DKI Jakarta
                                                                                                                                                                                                                                                                                                                                                                                                                     Indonesia 10320




                                                                                                                                                                                                                                                                                                                                                           Holds Certificate No:                                      OHS 622211
                                                                                                                                                                                                                                                                                                                                                           and operates an Occupational Health and Safety Management System which complies with the requirements of
                                                                                                                                                                                                                                                                                                                                                           ISO 45001:2018 for the following scope:


    Certificate of Registration                                                                                                                                                                                                                                                                                                                                            The management of occupational health and safety management system in the provision of
                                                                                                                                                                                                                                                                                                                                                                           Information and Communication Technology (ICT) infrastructure and Internet Services
                                                                                                                                                                                                                                                                                                                                                                           Provider (ISP) at Nusantara Data Center Jakarta and related project implementation

    QUALITY MANAGEMENT SYSTEM - ISO 9001:2015                                                                                                                                                                                                                                                                                                                              [Previously certified to BS OHSAS 18001:2007 since 2014.11.27]


    This is to certify that:                                  PT Mora Telematika Indonesia Tbk.
                                                              Grha 9, 6th floor
                                                              Jl Penataran No. 9 Proklamasi
                                                              Jakarta Pusat
                                                              DKI Jakarta
                                                              Indonesia 10320
                                                                                                                                                                                                                                                                                                                                                           For and on behalf of BSI:
                                                                                                                                                                                                                                                                                                                                                                                                                     Michael Lam - Managing Director Assurance, APAC

                                                                                                                                                                                                                                                                                                                                                           Original Registration Date: 2019-08-13                                                                  Effective Date: 2023-08-09
    Holds Certificate No:                                      FS 601972                                                                                                                                                                                                                                                                                   Latest Revision Date: 2023-08-09                                                                        Expiry Date: 2026-08-08
    and operates a Quality Management System which complies with the requirements of ISO 9001:2015 for the                                                                                                                                                                                                                                                                                                                                                                                 Page: 1 of 2
    following scope:


                    The provision of Information and Communication Technologies (ICT) Infrastructure and
                    Internet Services Provider



                                                                                                                                                                                                                                                                                                                                                           This certificate was issued electronically and remains the property of BSI and is bound by the conditions of contract.
                                                                                                                                                                                                                                                                                                                                                           An electronic certificate can be authenticated online.
                                                                                                                                                                                                                                                                                                                                                           Printed copies can be validated at www.bsi-global.com/ClientDirectory or telephone +62 21 806 49 600 or +62 21 227 678 09.
                                                                                                                                                                                                                                                                                                                                                           Further clarifications regarding the scope of this certificate and the applicability of ISO 45001:2018 requirements may be obtained by consulting the organization.
                                                                                                                                                                                                                                                                                                                                                           This certificate is valid only if provided original copies are in complete set.

                                                                                                                                                                                                                                                                                                                                                           Information and Contact: BSI, Kitemark Court, Davy Avenue, Knowlhill, Milton Keynes MK5 8PP. Tel: + 44 345 080 9000
                                                                                                                                                                                                                                                                                                                                                           BSI Assurance UK Limited, registered in England under number 7805321 at 389 Chiswick High Road, London W4 4AL, UK.
                                                                                                                                                                                                                                                                                                                                                           A Member of the BSI Group of Companies.




    For and on behalf of BSI:
                                                               Michael Lam - Managing Director Assurance, APAC




                                                                                                                                                                             Certificate of Registration
    Original Registration Date: 2011-09-14                                                                  Effective Date: 2023-09-14
    Latest Revision Date: 2023-08-09                                                                        Expiry Date: 2026-09-13

                                                                                                                                     Page: 1 of 1

                                                                                                                                                                             ENVIRONMENTAL MANAGEMENT SYSTEM - ISO 14001:2015

                                                                                                                                                                             This is to certify that:                                  PT Mora Telematika Indonesia Tbk.
                                                                                                                                                                                                                                       Grha 9, 6th floor
                                                                                                                                                                                                                                       Jl Penataran No. 9 Proklamasi
    This certificate was issued electronically and remains the property of BSI and is bound by the conditions of contract.
    An electronic certificate can be authenticated online.                                                                                                                                                                             Jakarta Pusat
    Printed copies can be validated at www.bsi-global.com/ClientDirectory or telephone +62 21 806 49 600 or +62 21 227 678 09.                                                                                                         DKI Jakarta
    Further clarifications regarding the scope of this certificate and the applicability of ISO 9001:2015 requirements may be obtained by consulting the organization.
    This certificate is valid only if provided original copies are in complete set.                                                                                                                                                    Indonesia 10320
    Information and Contact: BSI, Kitemark Court, Davy Avenue, Knowlhill, Milton Keynes MK5 8PP. Tel: + 44 345 080 9000
    BSI Assurance UK Limited, registered in England under number 7805321 at 389 Chiswick High Road, London W4 4AL, UK.
    A Member of the BSI Group of Companies.




4                                                                                                                                                                            Holds Certificate No:                                      EMS 663472
                                                                                                                                                                             and operates an Environmental Management System which complies with the requirements of ISO 14001:2015 for
                                                                                                                                                                             the following scope:


                                                                                                                                                                                             The management of Environmental Management System in he provision of Information and
                                                                                                                                                                                             Communication Technology (ICT) infrastructure and Internet Services Provider (ISP) at
                                                                                                                                                                                             Nusantara Data Center Jakarta and related project implementation




                                                                                                                                                                             For and on behalf of BSI:



                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 7
                                                                                                                                                                                                                                       Michael Lam - Managing Director Assurance, APAC

                                                                                                                                                                             Original Registration Date: 2017-09-04                                                                  Effective Date: 2023-09-04
                                                                                                                                                                             Latest Revision Date: 2023-08-09                                                                        Expiry Date: 2026-09-03

                                                                                                                                                                                                                                                                                                             Page: 1 of 1




                                                                                                                                                                             This certificate was issued electronically and remains the property of BSI and is bound by the conditions of contract.
                                                                                                                                                                             An electronic certificate can be authenticated online.
                                                                                                                                                                             Printed copies can be validated at www.bsi-global.com/ClientDirectory or telephone +62 21 806 49 600 or +62 21 227 678 09.
                                                                                                                                                                             Further clarifications regarding the scope of this certificate and the applicability of ISO 14001:2015 requirements may be obtained by consulting the organization.
                                                                                                                                                                             This certificate is valid only if provided original copies are in complete set.

                                                                                                                                                                             Information and Contact: BSI, Kitemark Court, Davy Avenue, Knowlhill, Milton Keynes MK5 8PP. Tel: + 44 345 080 9000
                                                                                                                                                                             BSI Assurance UK Limited, registered in England under number 7805321 at 389 Chiswick High Road, London W4 4AL, UK.
                                                                                                                                                                             A Member of the BSI Group of Companies.




                                                                                                                                                                         5




                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Annual Report 2025 | Laporan Tahunan 2025
                                                                                                                                                                                                                                                                                                                                                                                                                                                                             PT Mora Telematika Indonesia Tbk                        11
Page 12
                                                 Performance Highlights 2025
      01
     Kilas Kinerja 2025


                                                 Kilas Kinerja 2025
     Performance Highlights 2025




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Annual Report 2025 | Laporan Tahunan 2025
        PT Mora Telematika Indonesia Tbk    13
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     Ikhtisar Data Keuangan Penting
     Financial Highlights


     Laba (Rugi) dan Penghasilan                                                         Profit (Loss) and Other
     Komprehensif Lainnya                                                               Comprehensive Income

                                                                                           (dalam jutaan rupiah, kecuali dinyatakan lain)
                                                                                             (in millions of IDR, unless otherwise stated)

                               Deskripsi
                                                                          2025          2024                           2023
                              Description

     Pendapatan
                                                                        4.000.218     3.978.188                     4.306.324
     Revenue

     Beban Langsung
                                                                        (1.633.138)   (1.652.355)                   (1.781.390)
     Direct Costs
     Laba Kotor
                                                                        2.367.080     2.325.833                     2.524.934
     Gross Profit
     Beban Usaha
                                                                        (1.247.796)   (1.259.772)                   (1.018.144)
     Operating Expenses
     Laba Usaha
                                                                         1.119.284    1.066.061                     1.506.790
     Profit from Operations
     Beban Lain-Lain
                                                                        (438.986)     (544.224)                      (611.641)
     Other Expenses

     Laba Sebelum Pajak Final dan Pajak Penghasilan
                                                                         680.298       521.837                        895.149
     Profit Before Final Tax and Income Tax

     Beban Pajak Final
                                                                          1.672          204                           4.383
     Final Tax Expenses
     Laba Sebelum Pajak Penghasilan
                                                                         678.626       521.633                       890.766
     Profit Before Income Tax
     Beban (Penghasilan) Pajak - Bersih
                                                                         162.770       259.065                        211.595
     Tax Expense (Benefit) - Net
     Laba Bersih Tahun Berjalan
                                                                         515.856       262.568                        679.171
     Net Profit For The Year
     Penghasilan (Rugi) Komprehensif Lain
                                                                          9.290        203.714                         6.205
     Other Comprehensive Income (Loss)
     Jumlah Penghasilan Komprehensif
                                                                         525.146       466.282                       685.377
     Total Comprehensive Income
     Jumlah Laba Tahun Berjalan yang Dapat Diatribusikan kepada:
     Total Profit for the Year Attributable to:
     Pemilik Entitas Induk
                                                                         448.493       245.472                        564.215
     Owners of the Parent Company
     Kepentingan Non-Pengendali
                                                                          67.363        17.096                        114.956
     Non-controlling Interests

                                                                         515.856       262.568                        679.171

     Jumlah Penghasilan Komprehensif yang Dapat Diatribusikan kepada:
     Total Comprehensive Income Attributable to:
     Pemilik Entitas Induk
                                                                         458.157       444.172                        570.158
     Owners of the Parent Company
     Kepentingan Non-Pengendali
                                                                         66.989         22.110                        115.218
     Non-controlling Interests

                                                                         525.146       466.282                       685.376


     Laba Tahun Berjalan per Saham Dasar (Rupiah Penuh)
                                                                            18            10                             24
     Earnings per Share from Profit for the year (Full IDR)




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14   PT Mora Telematika Indonesia Tbk
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                                                    Kilas Kinerja 2025
                                           Performance Highlights 2025




Posisi Keuangan Konsolidasian                         Consolidated Financial Positions


                                                                         (dalam jutaan rupiah, kecuali dinyatakan lain)
                                                                           (in millions of IDR, unless otherwise stated)

                          Deskripsi
                                         2025                    2024                              2023
                         Description

Aset
Assets

Aset Lancar
                                       3.814.651                4.034.095                        3.818.201
Current Assets

Aset Tidak Lancar
                                       10.945.704              10.620.052                       11.081.060
Non-current Assets

Jumlah Aset Total
                                       14.760.355              14.654.147                       14.899.261
Total Assets

Liabilitas dan Ekuitas
Liabilities and Equity

Liabilitas Jangka Pendek
                                       2.332.640                2.557.678                       3.693.244
Current Liabilities

Liabilitas Jangka Panjang
                                       4.513.585                4.706.231                       4.282.048
Non-current Liabilities

Jumlah Liabilitas
                                       6.846.225               7.263.909                        7.975.293
Total Liabilities

Ekuitas
                                        7.914.130               7.390.238                       6.923.968
Equity

Jumlah Liabilitas dan Ekuitas
                                       14.760.355              14.654.147                       14.899.261
Total Liabilities and Equity




                                                                 Annual Report 2025 | Laporan Tahunan 2025
                                                                         PT Mora Telematika Indonesia Tbk                  15
Page 16
     Rasio Keuangan Penting                                                           Financial Ratios
                                                                                 (dalam persen, kecuali dinyatakan lain)
                                                                               (in percentage, unless otherwise stated)


                            Keterangan
                                                            2025     2024                           2023
                            Description

      Rasio Pertumbuhan (%)
      Growth Ratio (%)

      Pendapatan
                                                            0,55%    (7,62%)                       (7,34%)
      Revenue

      Laba Kotor
                                                            1,77%    (7,89%)                      (8,43%)
      Gross Profit

      Jumlah Aset
                                                           (0,72%)   (1,65%)                       (0,13%)
      Total Assets

      Jumlah Liabilitas
                                                           (5,75%)   (8,92%)                       (8,12%)
      Total Liabilities

      Jumlah Ekuitas
                                                           (7,09%)   6,73%                         10,99%
      Total Equity

      Rasio Usaha (%)
      Operating Ratio (%)

      Laba sebelum Pajak Final dan Pajak Penghasilan/
      Pendapatan                                           17,01%    13,12%                        20,79%
      Profit Before Final Tax and Income Tax/Revenue

      Pendapatan/Jumlah aset
                                                           27,10%    27,15%                        28,90%
      Revenue/Total Assets

      Laba Tahun Berjalan/Pendapatan
                                                           12,90%    6,60%                         15,77%
      Profit for the Year/Revenue

      Laba Tahun Berjalan/Jumlah Aset (ROA)
                                                           3,49%      1,79%                        4,56%
      Profit for the Year/Total Assets (ROA)

      Laba Tahun Berjalan/Jumlah Ekuitas (ROE)
                                                            6,52%    3,55%                          9,81%
      Profit for the Year/Total Equity (ROE)

      EBITDA/Beban Bunga Pinjaman (Interest Coverage
      Ratio)                                               386,12%   313,24%                      345,56%
      EBITDA/Interest Expenses (Interest Coverage Ratio)

      Utang Berbunga Bersih/Jumlah Ekuitas (Net Debt to
      Equity Ratio)                                        50,28%    53,12%                        75,75%
      Net Debt/Total Equity (Net Debt to Equity Ratio)

      Jumlah Liabilitas/Jumlah Aset
                                                           46,38%    49,57%                       53,53%
      Total Liabilities/Total Assets

      Jumlah Liabilitas/Jumlah Ekuitas (DER)
                                                           86,51%    98,29%                       115,18%
      Total Liabilities/Total Equity (DER)

      Total Aset Lancar/Total Liabilitas Lancar
                                                           163,53%   157,72%                      103,38%
      Total Current Assets/Total Current Liabilities




     Annual Report 2025 | Laporan Tahunan 2025
16   PT Mora Telematika Indonesia Tbk
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                                                            Kilas Kinerja 2025
                                                   Performance Highlights 2025




                                                      Grafik Keuangan Penting
                                                              Important Financial Charts

Pendapatan               (dalam jutaan rupiah)
                                                    Laba Kotor                                   (dalam jutaan rupiah)
Revenue                     (in millions of IDR)    Gross Profit                                    (in millions of IDR)



 2025        4.000.218                                2025           2.367.080
                                     0,55%                                                                   1,77%
                                      ▼                                                                       ▼
 2024        3.978.188                                2024           2.325.833


 2023        4.306.324                                2023           2.524.934



Ekuitas                  (dalam jutaan rupiah)
Equity                      (in millions of IDR)



 2025        7.914.130               7.09%
                                      ▼
  2024       7.390.238


  2023       6.923.968




                                                                         Annual Report 2025 | Laporan Tahunan 2025
                                                                                 PT Mora Telematika Indonesia Tbk          17
Page 18
     Ikhtisar Data Operasional
     Operational Highlights
     Total Network Length (Km)                   Fiber Optic



       2025             57.953                     2025          100%


       2024             56.374                     2024          100%


       2023             54.330                     2023          100%



     Network Data Capacity (G)                   Homepassed



       2025           37.800                       2025         1.075.581


       2024           32.100                       2024         788.239


       2023           29.700                       2023         692.090



     Total Subscribers                           FTTH Utilization Rate



       2025          330.710                       2025           31%


       2024           227.145                      2024           29%


       2023           166.120                      2023           24%



     Data Center                                 Data Center Utilization Rate



       2025                     6                  2025             76%


       2024                     6                  2024             83%


       2023                     6                  2023             81%



     Point of Presence



       2025                  441


       2024                  400


       2023                  387



     Annual Report 2025 | Laporan Tahunan 2025
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         Kilas Kinerja 2025
Performance Highlights 2025




                      Annual Report 2025 | Laporan Tahunan 2025
                              PT Mora Telematika Indonesia Tbk    19
Page 20
     Informasi Saham
     Stock Information

     Berikut disampaikan Perbandingan              Saham     yang      The following is a comparison of shares issued in the last
     Diterbitkan dalam 2 Tahun Terakhir:                               2 years:


                                    Harga Saham
                                                                                      Jumlah Saham
                                     Stock Price                      Volume                               Kapitalisasi Pasar
                                                                                         Beredar
       Triwulan                                                      Transaksi                                    (Rp)
                                                                                         Number
        Quarter      Tertinggi       Terendah       Penutupan       Transaction                           Market Capitalization
                                                                                        of Shares
                      Highest          Lowest         Closing         Volume                                     (IDR)
                                                                                       Outstanding
                     (Rp/IDR)         (Rp/IDR)       (Rp/IDR)

                                                                2025

            I            565            354            414             7.929.400       23.646.668.691       9.789.720.838.074

           II           496             362            432             3.101.300       23.646.668.691       10.215.360.874.512

           III          490             364            432          20.767.800         23.646.668.691       10.215.360.874.512

           IV          16.725           426           12.050        146.703.400        23.646.668.691      284.942.357.726.550

                                                                2024

            I            474            448            454             13.331.100      23.646.668.691       10.735.587.585.714

           II            474            410            436             7.816.200       23.646.668.691       10.309.947.549.276

           III          494             410            438             4.523.500       23.646.668.691       10.357.240.886.658

           IV            505            290            470             6.223.300       23.646.668.691       11.113.934.284.770




     Aksi Korporasi Tahun 2025                                         Corporate Actions in 2025

     Sepanjang tahun 2025, tidak terdapat aksi korporasi               Throughout 2025, there were no corporate actions that
     yang menyebabkan terjadinya perubahan pada saham,                 resulted in changes to the shares, such as stock split,
     seperti pemecahan saham (stock split), penggabungan               reverse stock, stock dividend, bonus shares, changes
     saham (reverse stock), dividen saham, saham bonus,                in the nominal value of shares, issuance of convertible
     perubahan nilai nominal saham, penerbitan efek                    securities, and increases and decreases in capital.
     konversi, serta penambahan dan pengurangan modal.




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                                                                     Kilas Kinerja 2025
                                                            Performance Highlights 2025




Informasi Penghentian Sementara                              Temporary Trading Suspension
Perdagangan Saham                                            Information

Sepanjang tahun 2025, Bursa Efek Indonesia (BEI) telah       Throughout 2025, the Indonesia Stock Exchange
melakukan penghentian sementara (suspensi) atas              (IDX) imposed temporary trading suspensions on the
perdagangan saham Perseroan masing-masing pada               Company’s shares on October 15, 2025 (1 trading day),
tanggal 15 Oktober 2025 (1 Hari Bursa), 22 Oktober 2025      from October 22, 2025 to October 30, 2025 (6 trading
sampai dengan 30 Oktober 2025 (6 Hari Bursa), serta 17       days), and from November 17, 2025 to November 30, 2025
November 2025 sampai dengan 30 November 2025 (9              (9 trading days). Based on the explanations provided
Hari Bursa). Berdasarkan penjelasan yang disampaikan         by IDX through its official letters, the suspensions were
oleh BEI melalui surat resminya, penghentian sementara       implemented in response to a cumulative increase in
tersebut dilakukan sehubungan dengan terjadinya              the Company’s share price, as part of the Exchange’s
peningkatan harga kumulatif saham Perseroan,                 supervisory mechanism to ensure an orderly, fair, and
sebagai bagian dari mekanisme pengawasan Bursa               efficient securities trading environment, as well as
dalam rangka menjaga terciptanya perdagangan efek            to provide protection to investors. In response to the
yang teratur, wajar, dan efisien, serta sebagai bentuk       foregoing, the Company has consistently addressed
perlindungan terhadap investor. Menindaklanjuti hal          each letter issued by IDX in an active and timely manner,
tersebut, Perseroan senantiasa memberikan tanggapan          in compliance with the applicable regulations, while
atas setiap surat dari BEI secara aktif, tepat waktu, dan    upholding the principles of information disclosure.
sesuai dengan ketentuan yang berlaku, dengan tetap
mengedepankan prinsip keterbukaan informasi.

Sehubungan dengan penghentian sementara dimaksud,            With respect to the aforementioned suspensions, it can
dapat disampaikan bahwa tindakan tersebut tidak              be confirmed that such actions did not have any material
menimbulkan dampak material terhadap kondisi                 impact on the Company’s financial condition, operational
keuangan, kegiatan operasional, kelangsungan usaha,          activities, business continuity, or overall performance.
maupun kinerja Perseroan secara keseluruhan.




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      02
                                                 Management Report
     Laporan Manajemen
     Management Report




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Annual Report 2025 | Laporan Tahunan 2025
        PT Mora Telematika Indonesia Tbk    23
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     Laporan Direksi
     Board of Directors Report




     Tahun 2025 menjadi tahun konsolidasi strategis bagi
     Perseroan sebagai salah satu pilar ekosistem digital
     Indonesia, sekaligus memperkuat fondasi pertumbuhan
     yang berkelanjutan di tengah akselerasi transformasi
     ekonomi digital.
     The year of 2025 was a year of strategic consolidation for the
     Company as one of the pillars of Indonesia’s digital ecosystem,
     while strengthening the foundation for sustainable growth
     amidst the acceleration of digital economic transformation.




     Para Pemegang Saham dan Pemangku Kepentingan               Dear Esteemed Shareholders and Stakeholders,
     yang kami hormati,

     PT Mora Telematika Indonesia Tbk (“Moratelindo” atau       PT Mora Telematika Indonesia Tbk (“Moratelindo”
     “Perseroan”) mampu menjaga fokus pada mandat               or the “Company”) has maintained its focus on its
     utamanya sebagai penyedia infrastruktur konektivitas       primary mandate as a provider of reliable connectivity
     yang andal sepanjang tahun 2025. Puji syukur atas          infrastructure throughout 2025. Praise be to God
     limpahan rahmat Tuhan Yang Maha Esa, sehingga kami         Almighty for His abundant grace, enabling us to navigate
     mampu melalui tahun yang penuh dinamika. Tekanan           this dynamic year. Pressures from investment costs,
     biaya investasi, fluktuasi nilai tukar, serta perubahan    fluctuating exchange rates, and changing customer needs
     kebutuhan pelanggan hadir bersamaan dengan peluang         coincided with growth opportunities in connectivity and
     pertumbuhan konektivitas dan layanan digital.              digital services.

     Bagi Perseroan, tahun 2025 menandai penguatan bisnis       For the Company, 2025 marks the strengthening of its
     inti di telekomunikasi kabel dan ISP melalui perluasan     core business in cable telecommunications and ISP
     jaringan fiber serta peningkatan layanan pelanggan         through fiber network expansion and enhanced digital-
     berbasis digital. Langkah ini kami arahkan untuk           based customer services. We are aiming to address the
     menjawab lonjakan kebutuhan konektivitas, baik pada        surge in connectivity demand in both the residential and
     segmen rumah tangga maupun enterprise. Layanan             enterprise segments. NAP services also play a crucial
     NAP juga berperan penting dalam mendukung integrasi        role in supporting traffic integration between operators,
     trafik antar operator, dan bisnis data center akan tetap   and our data center business continued to provide
     memberikan peluang untuk semakin bertumbuh seiring         opportunities for further growth as the demand for cloud
     meningkatnya kebutuhan cloud dan keamanan siber            and cybersecurity increases nationally. The following is a
     di tingkat nasional. Berikut adalah rangkuman kinerja,     summary of the Company’s performance, various efforts,
     berbagai upaya, dan capaian Perseroan sepanjang            and achievements throughout 2025.
     tahun 2025.




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                      Laporan Manajemen
                      Management Report




Jimmy Kadir
   Direktur Utama
 President Director




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     Di tengah ketidakpastian ekonomi global dan kompetisi industri
     yang semakin ketat, Perseroan mampu menjaga ketahanan kinerja,
     memperkuat infrastruktur digital, serta menempatkan fondasi yang
     lebih kokoh untuk pertumbuhan yang berkelanjutan.
     Amid global economic uncertainty and increasingly intense industry competition, the Company
     has continued to maintain performance resilience, strengthen its digital infrastructure, and
     reinforce the foundation for sustainable growth.


     Tinjauan Perekonomian dan Industri                                              Economic and Telecommunications
     Telekomunikasi                                                                  Industry Overview

     Pertumbuhan ekonomi global bergerak hati-hati                                   Global economic growth moved cautiously throughout
     sepanjang tahun 2025. Dalam World Economic Outlook                              2025. The International Monetary Fund (IMF), in its
     edisi Januari 2026, Dana Moneter Internasional (IMF)                            January 2026 World Economic Outlook, projects global
     memproyeksikan pertumbuhan ekonomi global sebesar                               growth of around 3.3% in 2025, which is expected to
     3,3% pada 2025 dan terjaga di level yang sama pada                              remain stable at the same level in 2026.¹ Meanwhile, the
     2026.1 Sementara Bank Dunia menilai pertumbuhan                                 World Bank assessed that global growth has the potential
     global berpotensi melemah ke sekitar 2,3% pada 2025,                            to weaken to around 2.3% in 2025, lower than previously
     lebih rendah dari perkiraan sebelumnya, terutama                                estimated, primarily due to rising trade barriers and high
     dipengaruhi kenaikan hambatan perdagangan dan                                   policy uncertainty.² Inflation is relatively under control,
     tingginya ketidakpastian kebijakan.² Inflasi relatif                            but exchange rate volatility and geopolitical dynamics
     terkendali, tetapi volatilitas nilai tukar dan dinamika                         remain sources of risk that need to be anticipated.
     geopolitik tetap menjadi sumber risiko yang perlu
     diantisipasi.

     Di dalam negeri, kami mengapresiasi konsistensi                                 Domestically, we commend the government’s consistent
     Pemerintah dalam menjaga stabilitas dan mendorong                               efforts to maintain stability and foster economic growth
     pertumbuhan ekonomi sebesar 5,11% sebagaimana                                   of 5.11%, as reported by the Central Statistics Agency
     dilaporkan Badan Pusat Statistik (BPS).³ Pencapaian                             (BPS).³ This achievement reflects the resilience of
     ini mencerminkan daya tahan permintaan domestik,                                domestic demand and strengthens business confidence
     sekaligus memperkuat keyakinan pelaku usaha untuk                               to continue investing responsibly.
     tetap berinvestasi secara terukur.

     Bagi industri telekomunikasi dan infrastruktur digital,                         For the telecommunications and digital infrastructure
     2025 menjadi momentum penting. Pertumbuhan trafik                               industry, 2025 was a crucial milestone. Growing data
     data dan akselerasi digitalisasi mendorong kebutuhan                            traffic and accelerated digitalization were driving the
     backbone, FTTH, NAP, dan data center yang lebih andal.                          need for more reliable backbone, FTTH, NAP, and
     Asosiasi Pengusaha Internet Indonesia (APJII) pada Juli                         data centers. The Indonesian Internet Entrepreneurs
     2025 melaporkan puncak lalu lintas internet exchange                            Association (APJII) reported in July 2025 that peak
     (IIX) di titik JK2 mencapai 14 Tbps.⁴ Survei APJII periode                      internet exchange (IIX) traffic at the JK2 point reached 14
     2024–2025 juga mencatat penetrasi internet sekitar                              Tbps.⁴ The APJII survey for the 2024–2025 period also
     80,66% dengan estimasi pengguna sekitar 229,4 juta.⁵                            recorded internet penetration of around 80.66%, with
     Skala permintaan ini memperluas peluang layanan                                 an estimated 229.4 million users.⁵ This scale of demand
     konektivitas, baik ritel maupun korporasi, sekaligus                            expands opportunities for connectivity services, both
     menegaskan urgensi investasi jaringan yang tepat                                retail and corporate, while also underscoring the urgency
     sasaran.                                                                        of targeted network investment.




     ¹https://www.imf.org/en/publications/weo/issues/2026/01/19/world-economic-outlook-update-january-2026
     ²https://www.worldbank.org/en/news/press-release/2025/06/10/global-economic-prospects-june-2025-press-release
     ³https://www.bps.go.id/id/pressrelease/2026/02/05/2546/ekonomi-indonesia-tahun-2025-tumbuh-5-11-persen.html
     ⁴https://lampung.apjii.or.id/berita-13-1-apjii--bddc-resmikan-iixjk2-untuk-ekosistem-digital-lebih-kuat?
     ⁵https://infobanknews.com/apjii-gandeng-bitera-perluas-jangkauan-internet-indonesia



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Meskipun industri menghadapi tekanan pada Average                                  While the industry faces pressure on Average Revenue
Revenue Per User (ARPU) dan kompetisi yang semakin                                 Per User (ARPU) and intensifying competition, significant
intensif, tercatat perkembangan signifikan pada layanan                            developments have been recorded in fixed broadband
fixed broadband dan layanan berbasis cloud, termasuk                               and cloud-based services, including expanding access
perluasan akses ke wilayah yang sebelumnya belum                                   to previously underserved areas.
terlayani secara optimal.

Tingginya penggunaan kecerdasan buatan (AI) yang                                   The widespread use of artificial intelligence (AI) across
semakin merata di hampir seluruh sektor industri telah                             nearly all industrial sectors has increased the need for
meningkatkan kebutuhan data center. Di level regional,                             data centers. Regionally, the ASEAN data center and
pasar data center dan cloud ASEAN sedang berada di jalur                           cloud market is on a path to rapid growth, projected
pertumbuhan pesat, diproyeksikan mencapai US$600                                   to reach US$600 billion by 2030, and potentially even
miliar pada 2030, bahkan berpotensi tembus US$1 triliun                            exceed US$1 trillion with the right policies. Meanwhile,
apabila ditopang kebijakan yang tepat. Sementara data                              Statista data showed that Indonesia’s data center
Statista menyebutkan nilai bisnis pusat data Indonesia                             business was estimated to reach US$2.52 billion in 2025
diperkirakan mencapai US$2,52 miliar pada 2025 dan                                 and continue to grow to US$5.82 billion by 2030, with a
terus naik hingga US$5,82 miliar pada 2030, dengan                                 compound annual growth rate (CAGR) of around 6.69%.⁶
pertumbuhan tahunan (CAGR) sekitar 6,69%.⁶

Strategi dan Kebijakan Strategis                                                   Moratelindo’s Strategy and Strategic
Moratelindo                                                                        Policies

Pada 2025, Perseroan menetapkan strategi yang berfokus                             In 2025, the Company established a strategy focused
pada penguatan fondasi bisnis inti sekaligus menangkap                             on strengthening its core business foundation while
peluang pertumbuhan ekonomi digital. Perseroan                                     simultaneously seizing opportunities for digital economic
menempatkan perluasan jaringan sebagai prioritas utama,                            growth. The Company prioritized network expansion,
khususnya ekspansi fiber optic ritel melalui FTTH dan                              particularly retail fiber optic expansion through FTTH
FTTX di sejumlah kota. Kebijakan ini diarahkan untuk                               and FTTX in several cities. This policy was intended
meningkatkan penetrasi pasar, memperluas cakupan                                   to increase market penetration, expanding broadband
layanan broadband, serta membuka akses konektivitas yang                           service coverage, and providing more stable connectivity
lebih stabil bagi pelanggan rumah tangga dan pelaku usaha                          access for household customers and small and medium-
kecil menengah. Perluasan jaringan yang berkelanjutan                              sized businesses. Continuous network expansion also
juga memperkuat posisi kompetitif Perseroan di segmen                              strengthened the Company’s competitive position in the
fixed broadband dan membantu menjangkau area yang                                  fixed broadband segment and helps reach previously
sebelumnya kurang terlayani, sehingga memperbesar basis                            underserved areas, thereby expanding its customer
pelanggan sekaligus meningkatkan retensi melalui kualitas                          base and improving retention through improved service
layanan yang lebih baik.                                                           quality.

Sejalan dengan ekspansi akses, Perseroan menjalankan                               In line with access expansion, the Company implemented
kebijakan kapasitas untuk mengantisipasi lonjakan                                  a capacity policy to anticipate surges in data consumption.
konsumsi data. Perseroan melakukan penambahan                                      The Company increased bandwidth capacity and
kapasitas bandwidth serta pengembangan data center                                 developed a data center as part of its infrastructure
sebagai bagian dari kesiapan infrastruktur menghadapi                              readiness to meet growing traffic and the need for digital
pertumbuhan trafik dan kebutuhan layanan digital                                   enterprise services. This data center expansion began in
enterprise. Pengembangan data center ini dilakukan pada                            2024 and was completed in 2025. With the combination
2024 dan selesai pada tahun 2025. Dengan kombinasi                                 of an expanded access network and strengthened core
jaringan akses yang semakin luas dan kapasitas inti yang                           capacity, the Company is building end-to-end service
semakin kuat, Perseroan membangun kesiapan layanan                                 readiness relevant to the evolving needs of connectivity,
end-to-end yang relevan untuk kebutuhan konektivitas,                              cloud, and cybersecurity.
cloud, dan keamanan siber yang terus berkembang.


⁶ https://swa.co.id/read/463295/pasar-data-center-ri-tumbuh-pesat-capai-us252-miliar-namun-masih-terkonsentrasi-di-jakarta



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     Akselerasi digitalisasi dan pertumbuhan trafik data membuka peluang
     besar bagi industri telekomunikasi. Dengan memperluas jaringan
     fiber dan memperkuat kapasitas infrastruktur digital, Perseroan siap
     menjawab kebutuhan konektivitas Indonesia yang terus berkembang.
     Accelerating digitalization and rising data traffic create significant opportunities for the
     telecommunications industry. By expanding its fiber network and strengthening digital
     infrastructure capacity, the Company is well positioned to address Indonesia’s growing
     connectivity needs.


     Pada saat yang sama, Perseroan mengakselerasi                At the same time, the Company accelerated digital
     transformasi digital sebagai mesin peningkatan efisiensi     transformation as an engine for improving efficiency
     dan pengalaman pelanggan. Pendekatan layanan                 and customer experience. Its service approach shifted
     bergeser dari reaktif menjadi proaktif dan berbasis          from reactive to proactive and data-driven, with clear
     data, dengan sasaran yang jelas yaitu mempercepat            goals of accelerating service activation, reducing
     aktivasi layanan, menurunkan keluhan, menghadirkan           complaints, delivering an Omni-Channel experience
     pengalaman Omni-Channel (aplikasi yang mengintegrasi         (an application that integrates various channels such
     berbagai kanal, seperti Instagram, Twitter, Facebook         as Instagram, Twitter, Facebook, and WhatsApp)
     dan Whatsapp) untuk komunikasi terpadu dan respons           for integrated communication and faster responses
     lebih cepat kepada pelanggan, dan membangun relasi           to customers, and building more personalized and
     yang lebih personal serta terukur. Di ranah produk,          measurable relationships. In the product realm, the
     Perseroan memperkuat disiplin layanan melalui                Company strengthened service discipline through a
     kebijakan Service Level Agreement (SLA) yang jelas,          clear SLA policy, streamlining services for better market
     penyederhanaan service agar lebih mudah dipahami             understanding, and standardizing service SOPs. As part
     pasar, serta standarisasi SOP layanan. Sebagai bagian        of strengthening its competitiveness, the Company also
     dari penguatan daya saing, Perseroan juga melakukan          reviewed pricing for its Oxygen.id service and reviewed
     review harga untuk layanan Oxygen.id dan meninjau            SOP standards for each service to ensure consistent
     standar SOP pada setiap layanan agar kualitas eksekusi       execution quality.
     lebih konsisten.

     Untuk memastikan pengalaman pelanggan semakin                To ensure a robust customer experience, the Company
     solid, Perseroan memperkuat tata kelola layanan melalui      strengthened service governance through the Customer
     program Customer Experience Management (CEM).                Experience Management (CEM) program. The Company
     Perseroan mengimplementasikan sistem manajemen               implemented a centralized ticket-based customer
     hubungan pelanggan berbasis tiket terpusat untuk             relationship management system to manage complaints,
     mengelola pengaduan, permintaan layanan, serta               service requests, and customer inquiries in an integrated
     pertanyaan pelanggan secara terintegrasi. Perseroan          manner. The Company also strengthened process
     juga memperkuat otomasi proses melalui alert dan             automation through SLA alerts and escalations, along
     eskalasi SLA, disertai notifikasi proaktif saat terdeteksi   with proactive notifications when service degradation
     degradasi layanan, sehingga pelanggan memperoleh             is detected, so customers receive fast and realistic
     informasi yang cepat dan realistis terkait estimasi          information regarding recovery estimates.
     pemulihan.

     Kebijakan peningkatan kualitas layanan ini ditopang oleh     This service quality improvement policy is supported
     penguatan pengendalian operasional berbasis data.            by strengthened data-driven operational controls. The
     Perseroan mengembangkan dashboard pemantauan                 Company developed a KPI monitoring dashboard and
     KPI serta mewajibkan analisis akar masalah dan               mandated root cause analysis and gap reporting for
     laporan gap untuk gangguan berdampak tinggi. Pada            high-impact disruptions. In the event of a widespread
     peristiwa gangguan yang berdampak luas, Perseroan            disruption, the Company implements a war room
     menjalankan mekanisme war room, post-mortem,                 mechanism, post-mortems, and corrective action plans
     dan corrective action plan, agar perbaikan tidak             to ensure that improvements do not stop at service
     berhenti pada pemulihan layanan, tetapi berlanjut pada       restoration but continue to prevent recurrence. On the
     pencegahan insiden berulang. Di sisi engagement,             engagement side, the Company establishes a customer


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                                                                       Laporan Manajemen
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Perseroan menetapkan tim customer relation sebagai          relations team as a single point of contact for major
single point of contact untuk pelanggan besar dan           customers and conducts monthly or quarterly business
menjalankan business review bulanan atau kuartalan          reviews to evaluate SLA achievement and agree on an
untuk mengevaluasi capaian SLA sekaligus menyepakati        improvement roadmap.
roadmap perbaikan.

Dalam cakupan ekosistem digital yang berkelanjutan,         Within the scope of a sustainable digital ecosystem, the
Perseroan memperkuat kebijakan kemitraan strategis          Company strengthens its strategic partnership policy with
dengan berbagai pelaku industri. Perseroan juga             various industry players. The Company also prioritizes
menempatkan manajemen risiko dan tata kelola                risk management and good corporate governance as the
perusahaan yang baik sebagai landasan pengambilan           foundation for decision-making, particularly in the face
keputusan, terutama dalam menghadapi ketidakpastian         of macroeconomic uncertainty and intense competition.
makroekonomi dan persaingan yang ketat. Dengan              With a measured expansion strategy, consistent
strategi ekspansi yang terukur, transformasi digital yang   digital transformation, and strengthened services and
konsisten, serta penguatan layanan dan tata kelola,         governance, Moratelindo is building a stronger, more
Moratelindo membangun fondasi pertumbuhan yang              competitive foundation for growth, ready to meet
lebih kuat, kompetitif, dan siap menjawab kebutuhan         Indonesia’s evolving connectivity needs.
konektivitas Indonesia yang terus berkembang.

Peran Direksi dalam Perumusan dan                           The Role of Board of Directors
Implementasi Strategi                                       in Strategy Formulation and
                                                            Implementation

Direksi Perseroan berperan sentral dalam perumusan          The Board of Directors plays a key role in formulating
strategi dan kebijakan strategis sebagai fondasi            strategies and strategic policies as the foundation for the
pertumbuhan Perseroan. Direksi memastikan setiap            Company’s growth. The Board of Directors ensures that
keputusan strategis berangkat dari pemahaman yang           every strategic decision is based on a comprehensive
utuh atas kondisi pasar, kebutuhan pelanggan, peta          understanding of market conditions, customer needs,
kompetisi, serta risiko makro ekonomi yang dapat            the competitive landscape, and macroeconomic risks
memengaruhi investasi dan kinerja. Karena itu, proses       that can impact investment and performance. Therefore,
perumusan strategi tidak dilakukan secara top-down          the strategy formulation process is not conducted
semata, melainkan melalui mekanisme kolaboratif             solely from a top-down perspective, but rather through
yang disiplin. Direksi memimpin pembahasan bersama          a disciplined, collaborative mechanism. The Board of
manajemen senior lintas fungsi untuk menguji asumsi,        Directors leads discussions with cross-functional senior
menajamkan prioritas, dan menyelaraskan agenda kerja        management to test assumptions, sharpen priorities, and
dengan rencana jangka panjang Perseroan.                    align work agendas with the Company’s long-term plan.

Dalam proses tersebut, Direksi menempatkan dua              Within this process, the Board of Directors places
fokus utama sebagai poros kebijakan, yaitu ekspansi         two primary focuses as the pivot of policy: network
jaringan dan transformasi digital. Direksi mengarahkan      expansion and digital transformation. The Board of
penguatan bisnis inti melalui perluasan jaringan            Directors directs the strengthening of core businesses
fiber, percepatan ekspansi FTTH dan FTTX, serta             through fiber network expansion, accelerated FTTH and
penguatan kapasitas jaringan dan data center untuk          FTTX expansion, and enhanced network and data center
menjawab lonjakan kebutuhan konektivitas ritel maupun       capacity to address the surge in connectivity needs for
enterprise. Pada saat yang sama, Direksi mendorong          both retail and enterprise customers. At the same time,
digitalisasi proses dan layanan agar Perseroan dapat        the Board of Directors encourages the digitalization of
meningkatkan efisiensi operasional, mempercepat             processes and services so that the Company can improve
aktivasi, menurunkan keluhan, dan memperkuat                operational efficiency, accelerate activation, reduce
pengalaman pelanggan. Dengan demikian, kebijakan            complaints, and enhance the customer experience.
yang dirumuskan bersifat aplikatif, terukur, dan langsung   Thus, the formulated policies are applicable, measurable,
menargetkan faktor-faktor yang meningkatkan daya            and directly target factors that improve Moratelindo’s
saing Moratelindo.                                          competitiveness.


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     Direksi juga memastikan strategi yang telah ditetapkan       The Board of Directors also ensures the established
     dapat diimplementasikan secara konsisten oleh seluruh        strategy can be consistently implemented throughout the
     organisasi melalui proses yang terstruktur. Direksi          organization through a structured process. The Board of
     menetapkan target yang jelas, menyelaraskan alokasi          Directors sets clear targets, aligns budget allocations
     anggaran dengan prioritas strategis, serta membangun         with strategic priorities, and establishes intensive
     komunikasi yang intensif dengan seluruh unit kerja untuk     communication with all work units to ensure readiness
     memastikan kesiapan eksekusi dan mengantisipasi              for execution and anticipate obstacles early.
     hambatan sejak dini.

     Pelaksanaan strategi juga terintegrasi dengan                Strategy implementation is also integrated with risk
     manajemen risiko yang mencakup identifikasi, analisis,       management, which encompasses identification,
     mitigasi, dan monitoring di seluruh operasi. Dengan          analysis, mitigation, and monitoring across all operations.
     mengacu pada kerangka ISO 31000, Perseroan                   By referring to the ISO 31000 framework, the Company
     mengelola risiko secara sistematis dan proaktif melalui      manages risks systematically and proactively through
     tim manajemen risiko, dukungan teknologi, serta              a risk management team, technology support, and
     penguatan risk awareness bagi karyawan. Perseroan            strengthening risk awareness among employees. The
     juga menyiapkan panduan pengelolaan risiko yang              Company also prepares a more comprehensive risk
     lebih komprehensif untuk memastikan setiap keputusan         management guide to ensure every decision aligns with
     selaras dengan prinsip tata kelola yang baik.                good governance principles.

     Untuk memonitor pelaksanaan dan efektivitas strategi,        To monitor the implementation and effectiveness of
     Direksi menjalankan mekanisme pengawasan yang                the strategy, the Board of Directors implements a
     disiplin. Direksi melakukan rapat evaluasi rutin, menerima   disciplined oversight mechanism. The Board of Directors
     pelaporan kinerja berkala berbasis indikator keuangan        holds regular evaluation meetings, receives periodic
     dan operasional, serta memastikan manajemen risiko           performance reports based on financial and operational
     terintegrasi berjalan sistematis agar potensi risiko         indicators, and ensures systematic, integrated risk
     dapat teridentifikasi lebih awal dan dimitigasi dengan       management as an effort to identify and mitigate potential
     cepat. Seluruh mekanisme ini membantu Direksi menilai        risks quickly. All of these mechanisms help the Board of
     kemajuan, memastikan akuntabilitas, dan melakukan            Directors assess progress, ensure accountability, and
     penyesuaian strategi secara tepat waktu bila dibutuhkan.     make timely adjustments to the strategy when needed.

     Sepanjang tahun 2025, proses implementasi dan                Throughout 2025, the implementation and oversight
     pengawasan tersebut berjalan efektif. Direksi mampu          processes were considered effective. The Board of
     menjaga sinergi lintas unit, mempertahankan fokus            Directors was able to maintain cross-unit synergy,
     pada agenda strategis, serta memperkuat ketahanan            maintain focus on the strategic agenda, and strengthen
     Perseroan   dalam     merespons   dinamika     pasar         the Company’s resilience in responding to the dynamics
     telekomunikasi yang kompetitif.                              of the competitive telecommunications market.

     Kinerja 2025 Dibandingkan Target                             2025 Performance Compared to Target

     Implementasi strategi dan kebijakan strategis yang           The consistent implementation of strategies and policies
     dijalankan secara konsisten sepanjang 2025 telah             throughout 2025 has strengthened Moratelindo’s
     memperkuat        kinerja  Moratelindo.  Pendapatan          performance. The Company’s revenue in 2025 reached
     Perseroan pada tahun 2025 mencapai Rp4.000.218               IDR 4,000,218 million, an increase of 0.55% compared
     juta, meningkat 0,55% dibandingkan 2024. Dari sisi           to 2024. In terms of profitability, the Company recorded
     profitabilitas, Perseroan membukukan EBITDA sebesar          EBITDA of IDR 2,008,036 million, an increase of
     Rp2.008.036 juta meningkat 9,84% dibandingkan                9.84% compared to 2024, while net profit reached
     2024, sementara laba bersih mencapai Rp515.856 juta,         IDR 515,856 million, a significant increase of 96.47%.
     meningkat signifikan sebesar 96,47%.




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Realisasi pendapatan mencapai 98,36%, dan laba bersih    Revenue realization reached 98.36%, and net profit
mencapai 92,30% dari target. Kontribusi pendapatan       reached 92.30% of the target. The largest revenue
terbesar berasal dari segmen usaha Retail dan            contribution came from the Retail and Enterprise business
Enterprise, dengan porsi 33,51% dari total pendapatan.   segment, with a share of 33.51% of total revenue.

Pada aspek pengembangan jaringan, Perseroan              In terms of network development, the Company
melanjutkan ekspansi fiber optik di sejumlah area        continued its fiber optic expansion in several strategic.
strategis. Panjang jaringan backbone dan akses juga      The length of the backbone and access network is also
bertambah sesuai rencana menjadi 57.953 km, baik         increasing as planned to 57,953 km, both via inland cable
melalui kabel darat (inland cable) maupun kabel bawah    and submarine cable, to strengthen network capacity
laut (submarine cable), untuk memperkuat kapasitas       and resilience.
dan ketahanan jaringan.

Di segmen ritel, jumlah pelanggan FTTH tumbuh            In the retail segment, the number of FTTH subscribers
45,59% yang antara lain tercermin dari peningkatan       grew by 45.59%, as reflected, among other things, by an
pelanggan FTTH dari 227.145 pelanggan menjadi            increase in FTTH subscribers from 227,145 to 330,710 by
330.710 pelanggan pada 2025. Sementara pada segmen       2025. Meanwhile, in the enterprise segment, Oxygen.id’s
enterprise, ekspansi Oxygen.id ke gedung-gedung          expansion into office buildings, government institutions,
perkantoran, instansi pemerintah dan kawasan industri    industrial areas, and Small Office Home Office (SOHO)
serta kawasan Small Office Home Office (SOHO)            zones has also shown significant progress, with double-
juga menunjukkan kemajuan yang berarti, dengan           digit customer growth compared to 2024. This reflects
peningkatan pelanggan double digit dibandingkan pada     the market’s growing trust in the Company’s services.
tahun 2024, hal ini mencerminkan kepercayaan pasar
terhadap layanan Perseroan terus menguat.

Pada segmen pusat data, Perseroan mengoptimalkan         In the data center segment, the Company had optimized
6 Nusantara Data Center (NDC) untuk memenuhi             6 Nusantara Data Centers (NDC) to meet the needs of
kebutuhan pelanggan korporasi atas pengelolaan data      corporate customers for secure, efficient, and high-
yang aman, efisien, dan berstandar tinggi. Layanan       standard data management. This service is strengthened
ini diperkuat dengan solusi keamanan siber (cyber        by cyber security solutions for corporate customers.
security) bagi pelanggan korporasi.

Tantangan Implementasi Strategi                          Challenges in Strategy Implementation

Perseroan menghadapi sejumlah tantangan dalam            The Company encountered several challenges in
mengimplementasikan strategi dan kebijakan strategis     implementing its strategy and policies through 2025.
selama tahun 2025. Tantangan utama datang dari           The primary challenge came from increasingly fierce
persaingan industri telekomunikasi yang kian ketat,      competition in the telecommunications industry, which
yang berdampak pada tekanan harga dan menuntut           has resulted in pricing pressure and demands clearer
diferensiasi layanan yang lebih jelas. Di saat yang      service differentiation. At the same time, domestic
sama, dinamika ekonomi domestik dan global seperti       and global economic dynamics, such as exchange
fluktuasi nilai tukar, perubahan bunga pinjaman, serta   rate fluctuations, changes in loan interest rates, and
ketidakpastian permintaan pada segmen tertentu turut     uncertainty about demand in certain segments, also
memengaruhi ruang gerak investasi dan margin.            impacted investment latitude and margins.

Tantangan berikutnya muncul pada agenda ekspansi,        The next challenge emerged from the expansion agenda,
khususnya perluasan jaringan FTTH, yang menuntut         particularly FTTH network expansion, which required
kesiapan eksekusi di lapangan, koordinasi multi pihak,   field execution readiness, multi-party coordination, and
serta penentuan prioritas wilayah agar pertumbuhan       regional prioritization to ensure customer growth aligns
pelanggan sejalan dengan kualitas layanan dan            with service quality and cost optimization.
optimalisasi biaya.



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     Dalam menghadapi kondisi tersebut, Perseroan                                       In response to these conditions, the Company
     menerapkan penyesuaian strategi secara adaptif                                     implemented adaptive strategic adjustments to maintain
     untuk menjaga pencapaian target kinerja. Perseroan                                 the achievement of performance targets. The Company
     melakukan penguatan sumber daya ke segmen yang                                     has been strengthening resources in segments with
     memiliki potensi pertumbuhan dan kontribusi yang                                   stronger growth potential and contribution, particularly
     lebih kuat, terutama retail FTTH dan enterprise, tanpa                             retail FTTH and enterprise, without compromising
     mengabaikan kualitas layanan pada basis pelanggan                                  service quality for its existing customer base. The
     yang sudah ada. Perseroan juga memperketat                                         Company also tightened cost controls and accelerating
     pengendalian biaya serta mempercepat digitalisasi                                  the digitalization of operational processes to increase
     proses operasional untuk meningkatkan produktivitas,                               productivity, accelerate service response, and reduce
     mempercepat respon layanan, dan menekan biaya yang                                 non-value-added costs.
     tidak bernilai tambah.

     Di sisi tata kelola, Direksi memperkuat monitoring risiko                          On the governance side, the Board of Directors
     melalui evaluasi rutin dan pelaporan berbasis indikator                            strengthened risk monitoring through routine evaluations
     kinerja, sehingga potensi penyimpangan dari rencana                                and performance indicator-based reporting, enabling
     dapat terdeteksi lebih awal dan ditindaklanjuti dengan                             early detection of potential deviations from the plan and
     langkah korektif yang terukur.                                                     subsequent measurable corrective action.

     Melalui kombinasi kebijakan yang adaptif tersebut,                                 Through this combination of adaptive policies, the
     Perseroan    menjaga      fokusnya    pada    prioritas                            Company maintained its focus on the most relevant
     pertumbuhan      yang    paling   relevan,   sekaligus                             growth priorities while maintaining disciplined execution
     mempertahankan disiplin eksekusi agar target jangka                                to ensure the sustainable achievement of long-term
     panjang tetap tercapai secara berkelanjutan.                                       targets.

     Prospek Usaha 2026                                                                 Business Prospects for 2026

     Memasuki 2026, lanskap ekonomi global masih                                        Entering 2026, the global economic landscape still
     menuntut kehati-hatian. Proyeksi IMF menunjukkan                                   demands caution. IMF projections indicate global growth
     pertumbuhan dunia cenderung melambat dari 3,2%                                     is likely to slow from 3.2% in 2025 to around 3.1% in
     pada 2025 menjadi sekitar 3,1% pada 2026, di tengah                                2026, amid trade fragmentation, policy uncertainty,
     fragmentasi perdagangan, ketidakpastian kebijakan, dan                             and persistently high geopolitical risks.⁷ Consistently,
     risiko geopolitik yang masih tinggi.⁷ Sejalan dengan itu,                          the Organisation for Economic Co-operation and
     Organisation for Economic Co-operation and Development                             Development (OECD) assesses the global economy as
     (OECD) menilai ekonomi global tetap resilien namun                                 resilient but fragile, as tariff pressures and weak trade
     rapuh, karena tekanan tarif dan lemahnya perdagangan                               could restrain investment. Nevertheless, projected lower
     dapat menahan investasi. Meskipun demikian, inflasi yang                           inflation could provide room for improvement in financial
     diproyeksikan lebih rendah dapat memberi ruang perbaikan                           conditions in several countries.⁸
     kondisi keuangan di sejumlah negara.⁸

     Kondisi perekonomian nasional 2026 yang diproyeksikan                              The national economy is projected to remain stable in
     stabil di rentang 4,7%-5,1%⁹ dan prospek sektor                                    the 4.7%-5.1%⁹ range in 2026, and the outlook for the
     telekomunikasi   dinilai   tetap     konstruktif karena                            telecommunications sector is considered constructive
     meningkatnya permintaan konektivitas dan agenda                                    due to increasing demand for connectivity and the
     pemerataan akses digital berlanjut. Survei APJII 2025                              ongoing agenda for equitable digital access. The APJII
     mencatat penetrasi internet sekitar 80,66% dengan                                  2025 survey recorded internet penetration at around
     estimasi pengguna sekitar 229 juta, yang menggambarkan                             80.66% with an estimated 229 million users, representing
     basis pasar yang besar bagi layanan konektivitas                                   a large market base for retail and corporate connectivity
     ritel maupun korporasi.10 Kedepan, Pemerintah juga                                 services.10 Going forward, the Government is also

     ⁷https://www.imf.org/en/publications/weo/issues/2025/10/14/world-economic-outlook-october-2025?
     ⁸https://www.oecd.org/en/about/news/press-releases/2025/12/global-economy-proves-resilient-but-remains-fragile.html?
     ⁹https://nasional.kontan.co.id/news/bi-proyeksikan-pertumbuhan-ekonomi-2026-di-level-47-55-rupiah-stabil
     ¹⁰https://www.antaranews.com/berita/5019229/apjii-catat-tingkat-penetrasi-internet-indonesia-capai-8066-persen?



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menargetkan percepatan konektivitas desa yang belum                               targeting accelerated connectivity for unconnected
terhubung agar dapat menikmati layanan internet pada                              villages so they can enjoy internet services by 2026.
2026, sehingga kebutuhan pembangunan jaringan akses                               Therefore, the need for access network development
dan penguatan ekosistem layanan digital berpotensi                                and strengthening the digital service ecosystem has the
tetap tinggi.11                                                                   potential to remain promising.11

Pada saat yang sama, tren adopsi cloud, peningkatan                               At the same time, the trend of cloud adoption, increasing
penggunaan AI, dan kebutuhan keamanan siber                                       use of AI, and cybersecurity requirements are driving
mendorong permintaan data center dan layanan digital                              demand for data centers and digital enterprise services.
enterprise. Indikasi arus investasi ke sektor data center                         Investment flows into the data center sector continue to
terus terlihat, misalnya pembiayaan proyek kampus                                 be evident, for example, the financing of campus data
data center di Indonesia yang mencerminkan besarnya                               center projects in Indonesia, reflecting strong market
ekspektasi pasar terhadap pertumbuhan infrastruktur data                          expectations for data infrastructure growth in the region.12
di kawasan.12 Dalam konteks tersebut, 2026 membuka                                In this context, 2026 opens up growth opportunities
ruang pertumbuhan bagi pelaku infrastruktur komunikasi                            for communications infrastructure players capable of
yang mampu mengeksekusi ekspansi jaringan secara                                  executing disciplined network expansion, improving
disiplin, meningkatkan kualitas layanan, serta memperkuat                         service quality, and strengthening their portfolio of value-
portofolio layanan bernilai tambah untuk segmen                                   added services for the enterprise segment. Meanwhile,
enterprise. Sementara di sisi lain, agenda keberlanjutan                          the sustainability agenda will intensify as the impacts
akan semakin menguat seiring dampak perubahan iklim                               of climate change become increasingly apparent and
yang kian nyata dan menjadi perhatian global. Kondisi                             a global concern. This will increase the risks and costs
tersebut akan meningkatkan risiko dan biaya transisi                              of transitioning to more environmentally conscious
operasional bisnis yang lebih berwawasan lingkungan.                              business operations.

Menghadapi dinamika tersebut, Direksi memandang                                   Facing these dynamics, the Board of Directors remains
prospek usaha Perseroan tetap optimistis di tahun                                 optimistic about the Company’s business prospects for
2026. Akselerasi transformasi digital nasional terus                              2026. The acceleration of national digital transformation
mendorong kebutuhan konektivitas yang stabil,                                     continues to drive the need for stable, high-capacity,
berkapasitas tinggi, dan berlatensi rendah, baik untuk                            and low-latency connectivity for both households and
rumah tangga maupun korporasi. Pada saat yang                                     corporations. At the same time, the Company remains
sama, Perseroan tetap mencermati realitas pasar yang                              mindful of the realities of a competitive market, as
kompetitif, karena persaingan harga dan tuntutan                                  price competition and demands for service quality will
kualitas layanan akan semakin menuntut efisiensi serta                            increasingly demand efficiency and speed of innovation.
kecepatan inovasi. Dalam konteks ini, Perseroan menilai                           In this context, the Company assesses that growth
peluang pertumbuhan masih terbuka lebar, terutama                                 opportunities remain wide open, particularly in segments
pada segmen yang membutuhkan solusi end-to-end                                    requiring end-to-end solutions and strong added value.
dan nilai tambah yang kuat.

Perseroan mengidentifikasi peluang strategis yang                                 The Company has identified increasingly relevant
semakin relevan pada 2026, khususnya di enterprise                                strategic opportunities in 2026, particularly in enterprise
solutions dan ekspansi data center. Kebutuhan                                     solutions and data center expansion. The need for
perusahaan dan institusi terhadap layanan digital                                 secure and reliable digital services by companies and
yang aman dan andal terus meningkat, didorong                                     institutions continues to increase, driven by cloud
oleh adopsi cloud, kebutuhan keamanan siber, serta                                adoption, cybersecurity needs, the use of AI-based
penggunaan teknologi berbasis AI dan perluasan 5G                                 technologies, and the expansion of 5G, which accelerates
yang mempercepat konsumsi data dan kebutuhan                                      data consumption and infrastructure needs. Therefore,
infrastruktur. Karena itu, Perseroan akan memperkuat                              the Company will strengthen its portfolio of value-added
portofolio layanan bernilai tambah seperti cloud,                                 services such as cloud, cybersecurity, and the Internet of
cybersecurity, dan Internet of Things (IOT), termasuk                             Things (IoT), including the development of more specific


¹¹https://www.komdigi.go.id/berita/siaran-pers/detail/pemerintah-targetkan-2500-desa-terhubung-internet-pada-2026?
¹²https://www.reuters.com/markets/asia/dbs-uob-provide-411-million-loan-dayone-ina-data-centre-project-indonesia-2025-06-05/



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     pengembangan solusi yang lebih spesifik bagi                solutions for corporate customers, such as SD-WAN and
     pelanggan korporasi, seperti SD-WAN dan layanan data        more integrated data center services.
     center yang lebih terintegrasi.

     Untuk mengoptimalkan potensi tersebut, Perseroan            To optimize this potential, the Company has prepared
     menyiapkan agenda penguatan daya saing melalui              an agenda to strengthen its competitiveness through
     kombinasi strategi jaringan, produk, dan eksekusi           a combination of network strategy, products, and
     operasional. Di sisi infrastruktur, Perseroan akan          operational execution. On the infrastructure side, the
     melanjutkan penguatan backbone dan percepatan               Company will continue to strengthen its backbone
     perluasan FTTH secara selektif agar ekspansi pasar          and selectively accelerate FTTH expansion to ensure
     berjalan seiring dengan kualitas layanan dan disiplin       market expansion is aligned with service quality and
     investasi. Di sisi komersial dan produk, Perseroan akan     investment discipline. On the commercial and product
     memperkuat diferensiasi melalui simplifikasi portofolio,    side, the Company will strengthen differentiation through
     bundling yang lebih relevan dengan kebutuhan                portfolio simplification, bundling more relevant to
     pelanggan, serta penguatan service excellence               customer needs, and strengthening service excellence
     sebagai pembeda utama di tengah kompetisi. Fokus            as a key differentiator amidst the competition. Product
     pengembangan produk juga diarahkan pada layanan             development will also focus on services that are in high
     yang memiliki permintaan tinggi dan dampak langsung         demand and directly impact customer loyalty, particularly
     pada loyalitas pelanggan, terutama pada ranah               in the areas of security, enterprise connectivity, and the
     keamanan, konektivitas enterprise, dan ekosistem            digital services ecosystem.
     layanan digital.

     Direksi juga menempatkan kemitraan strategis sebagai        The Board of Directors also positions strategic
     pengungkit pertumbuhan pada 2026. Perseroan akan            partnerships as a growth lever in 2026. The Company
     memperluas kolaborasi untuk mendukung ekspansi              will expand collaboration to support FTTH expansion,
     FTTH, memperkuat ekosistem enterprise, serta                strengthen the enterprise ecosystem, and accelerate
     mempercepat transformasi digital end-to-end agar            end-to-end digital transformation to improve internal
     proses internal lebih efisien dan respons layanan           processes and accelerate service response. With adaptive
     semakin cepat. Dengan pengelolaan teknologi yang            technology management, targeted product innovation,
     adaptif, inovasi produk yang terarah, serta eksekusi yang   and disciplined execution, the Company targets more
     disiplin, Perseroan menargetkan pertumbuhan yang            sustainable growth while maintaining profitability amidst
     lebih berkelanjutan sekaligus menjaga profitabilitas di     technological disruption and changing market needs.
     tengah disrupsi teknologi dan perubahan kebutuhan
     pasar.

     Menutup tahun 2025, kami telah mencapai kesepakatan         To close 2025, we reached a definitive agreement with
     definitif dengan PT Eka Mas Republik (“MyRepublic           PT Eka Mas Republik (“MyRepublic Indonesia”) to merge,
     Indonesia”) untuk melakukan merger, dengan                  with Moratelindo becoming the surviving entity and
     Moratelindo akan menjadi entitas yang bertahan dan          changing its name to PT Ekamas Mora Republik Tbk.
     berganti nama menjadi PT Ekamas Mora Republik Tbk.          This corporate action, initiated by the Shareholders, is
     Aksi korporasi yang diinisiasi oleh para Pemegang Saham     targeted to become effective in the second quarter of
     ini ditargetkan efektif pada triwulan II-2026, diharapkan   2026 and is expected to strengthen the national digital
     dapat memperkuat ekosistem digital nasional.                ecosystem.




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Implementasi Tata Kelola                                       Implementation of Corporate
Perusahaan                                                     Governance

Moratelindo memastikan kepatuhan terhadap prinsip              Moratelindo ensures compliance with Good Corporate
Good Corporate Governance (GCG) melalui kebijakan,             Governance (GCG) principles through integrated
struktur tata kelola, dan mekanisme pengawasan                 policies, governance structures, and oversight
yang terintegrasi di seluruh organisasi. Perseroan             mechanisms across the organization. The Company
memandang GCG bukan sekadar pemenuhan regulasi,                views GCG not merely as compliance with regulations,
tetapi sebagai kerangka kerja yang menjaga disiplin            but as a framework that maintains disciplined decision-
pengambilan keputusan, melindungi kepentingan                  making, protects shareholder interests, and strengthens
pemegang saham, dan memperkuat kepercayaan                     stakeholder trust. Therefore, GCG implementation is
pemangku kepentingan. Karena itu, implementasi GCG             carried out consistently, emphasizing three main pillars,
dijalankan secara konsisten dengan menekankan tiga             namely: transparency, accountability, and integrity.
pilar utama: transparansi, akuntabilitas, dan integritas.

Dari sisi transparansi, Perseroan menerapkan                   In terms of transparency, the Company implements
keterbukaan informasi secara akurat, relevan, dan              accurate, relevant, and timely information disclosure.
tepat waktu. Moratelindo menyampaikan informasi                Moratelindo discloses information to the public through
kepada publik melalui laporan keuangan kuartalan dan           quarterly and annual financial reports, annual and
tahunan, laporan tahunan serta laporan keberlanjutan,          sustainability reports, and public exposes. The Company
dan paparan publik (public expose). Perseroan juga             also implements information disclosure in accordance
menjalankan keterbukaan informasi sesuai ketentuan             with the Financial Services Authority (POJK) and Stock
POJK dan peraturan Bursa, sehingga pemegang saham              Exchange regulations, for shareholders and the public
dan publik memperoleh gambaran yang jelas mengenai             to have a clear picture of the Company’s performance,
kinerja, perkembangan, serta arah strategi Perseroan.          developments, and strategic direction.

Pada aspek akuntabilitas, Moratelindo memperkuat               In terms of accountability, Moratelindo strengthens
struktur tata kelola dengan pembagian peran dan                its governance structure with a clear division of roles
tanggung jawab yang jelas. Setiap organ memiliki               and responsibilities. Each organ has well-documented
kewenangan, tugas, dan tanggung jawab yang                     authority, duties, and responsibilities, ensuring a
terdokumentasi dengan baik, sehingga proses                    measurable and accountable decision-making process.
pengambilan keputusan berjalan terukur dan dapat               The Company also implements an Internal Control
dipertanggungjawabkan. Perseroan juga menerapkan               System that encompasses work policies and procedures,
Sistem Pengendalian Internal yang mencakup kebijakan           routine audits, and risk-based audits to ensure consistent
dan prosedur kerja, audit rutin, serta audit berbasis risiko   compliance, operational effectiveness, and risk control.
untuk memastikan kepatuhan, efektivitas operasional,
dan pengendalian risiko berjalan konsisten.

Sementara itu, untuk menjaga integritas, Perseroan             Meanwhile, to uphold integrity, the Company enforces
menegakkan Kode Etik (Code of Conduct) yang berlaku            a Code of Conduct that applies to all employees. This
bagi seluruh karyawan. Kode etik ini memuat ketentuan          Code of Conduct includes important provisions such as
penting seperti integritas, larangan gratifikasi,              integrity, prohibition of gratuities, management of conflicts
pengelolaan benturan kepentingan, kerahasiaan                  of interest, confidentiality of information, business
informasi, etika bisnis dan profesionalisme, serta             ethics and professionalism, as well as commitments
komitmen anti korupsi, anti penyuapan, dan anti                to anti-corruption, anti-bribery, and anti-extortion. To
pemerasan. Sebagai bentuk penguatan kepatuhan,                 reinforce compliance, employees are required to sign
karyawan wajib menandatangani pernyataan kepatuhan             a compliance statement annually. The Company also
setiap tahun. Perseroan juga menyediakan Sistem                provides a Whistleblowing System accessible via the
Pelaporan Pelanggaran (whistleblowing system) melalui          Whistleblowing System Website, available to both internal
Website Whistleblowing System yang dapat diakses baik          and external parties. This channel is used to report




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     oleh pihak internal maupun pihak eksternal. Saluran ini      suspected violations of the Code of Conduct, fraud,
     digunakan untuk melaporkan dugaan pelanggaran kode           bribery and gratuities, as well as abuse of authority. The
     etik, fraud, suap dan gratifikasi, serta penyalahgunaan      Company guarantees confidentiality and protection for
     wewenang. Perseroan menjamin kerahasiaan dan                 whistleblowers and ensures that every report is handled
     perlindungan bagi pelapor, serta memastikan setiap           professionally by Internal Audit and Human Resources
     laporan ditangani secara profesional oleh Departemen         Department.
     Internal Audit dan Human Recources.

     Pada tahun 2025, Perseroan memperoleh berbagai               In 2025, the Company received various awards in
     penghargaan sebagai pengakuan atas kinerja                   recognition of its leadership, compliance, governance,
     kepemimpinan, kepatuhan, tata kelola, serta inovasi.         and innovation. These awards included: (i) the 2025
     Penghargaan tersebut antara lain; (i) Indonesia Best         Indonesia Best Digital Awards in the Telecommunications
     Digital Awards 2025 in Telecommunication Services            Services Industry for Strengthening Digital Connectivity
     Industry for Strengthening Digital Connectivity              and Technology Development Collaboration, organized
     and Technology Development Collaboration, yang               by Plus Media Komunika & JAKTV; (ii) the 6th Anniversary
     diselenggarakan oleh Plus Media Komunika & JAKTV;            2025 Indonesia Best 50 CEO Awards, organized by
     (ii) 6 th Anniversary Indonesia Best 50 CEO Awards           The Iconomics; (iii) Indonesia Regulatory Compliance
     2025, yang diselenggarakan oleh The Iconomics; (iii)         Awards 2025, organized by Hukumonline; (iv) Indonesia
     Indonesia Regulatory Compliance Awards 2025, yang            Best Telecommunications Infrastructure Industry for
     diselenggarakan oleh Hukumonline; (iv) Indonesia             Advancing Digital Access, organized by Warta Ekonomi
     Best Telecommunication Infrastructure Industry for           & Industry.co.id; (v) PR Popular Companies 2025 in the IT
     Advancing Digital Access, yang diselenggarakan               & Telecommunications category and Popular PR Person
     oleh Warta Ekonomi & Industry.co.id; (v) PR Popular          Awards 2025, organized by The Iconomics; (vi) Top 50
     Companies 2025 Kategori IT & Telecommunications dan          Mid-Cap Publicly Listed Companies (MidCap PLCs),
     Popular PR Person Awards 2025, yang diselenggarakan          organized by the Indonesian Institute for Corporate
     oleh The Iconomics; (vi) Top 50 Emiten dengan                Directorship (IICD); (vii) Indonesia’s Most Innovative In-
     Kapitalisasi Pasar Menengah (MidCap PLCs), yang              House Counsel Team 2025 in the Technology Industry
     diselenggarakan oleh Indonesian Institute for Corporate      Sector, organized by Hukumonline; and (viii) TOP Digital
     Directorship (IICD); (vii) Indonesia’s Most Innovative In-   Implementation 2025 – Level Stars 4 and TOP CIO on
     House Counsel Team 2025 Sektor Industri Technology,          Digital Implementation 2025, organized by IT Works.
     yang diselenggarakan oleh Hukumonline; serta (viii) TOP
     Digital Implementation 2025 – Level Stars 4 dan TOP CIO
     on Digital Implementation 2025, yang diselenggarakan
     oleh IT Works.




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                                                                        Laporan Manajemen
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Apresiasi                                                  Appreciation

Kami menyampaikan penghargaan setinggi-tingginya           We express our deepest appreciation to our shareholders,
kepada para pemegang saham, Dewan Komisaris,               the Board of Commissioners, customers, business
pelanggan, mitra bisnis, media, masyarakat, serta          partners, the media, the public, and all stakeholders for
seluruh pemangku kepentingan atas dukungan yang            their support throughout 2025. We also thank the entire
diberikan sepanjang tahun 2025. Kami juga berterima        management and employees of Moratelindo for their
kasih kepada seluruh jajaran manajemen dan karyawan        dedication and consistent contributions in supporting the
Moratelindo atas dedikasi dan kontribusi yang konsisten    achievement of the Company’s vision, mission, and work
dalam mendukung pencapaian visi, misi, dan program         programs.
kerja Perseroan.

Kami percaya Moratelindo akan terus berinovasi dalam       We believe Moratelindo will continue to innovate in
merespons tantangan dan memanfaatkan peluang,              responding to challenges and seizing opportunities, as
seiring percepatan perkembangan ekonomi digital.           the digital economy accelerates. Moving forward, we are
Kedepan, kami berkomitmen menjaga pertumbuhan              committed to maintaining sustainable growth, creating
yang berkelanjutan, menciptakan nilai tambah bagi          added value for all stakeholders, and providing the best
seluruh pemangku kepentingan, serta menghadirkan           services to meet the digital needs of the Indonesian
layanan terbaik untuk memenuhi kebutuhan digital           people.
masyarakat Indonesia.




                                              Jakarta, 21 April 2026
                                              Jakarta, April 21, 2026


                                               Mewakili Direksi
                                       On Behalf of the Board of Directors




                                                  Jimmy Kadir
                                                 Direktur Utama
                                                President Director




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     Laporan Dewan Komisaris
     Board of Commissioners Report




     Di tengah ketidakpastian ekonomi global dan persaingan industri
     telekomunikasi yang kian ketat, Dewan Komisaris mengapresiasi
     Direksi atas keberhasilannya menjaga resiliensi Perseroan. Optimalisasi
     portofolio bisnis yang disertai disiplin pengelolaan biaya telah
     mendorong pertumbuhan yang solid, sekaligus menegaskan komitmen
     Perseroan dalam pengembangan infrastruktur digital nasional.
     Amidst global economic uncertainty and increasingly fierce competition
     in the telecommunications industry, the Board of Commissioners lauded
     the Board of Directors for their success in maintaining the Company's
     resilience. Optimizing the business portfolio, coupled with disciplined
     cost management, has driven solid growth and reaffirmed the Company's
     commitment to developing national digital infrastructure.


     Para Pemegang Saham dan Pemangku Kepentingan              Dear Esteemed Shareholders and Stakeholders,
     yang kami hormati,

     Puji syukur kami panjatkan ke hadirat Tuhan yang          We express our gratitude to Almighty God for His
     Maha Kuasa atas rahmatnya untuk PT Mora Telematika        blessings upon PT Mora Telematika Indonesia Tbk
     Indonesia Tbk (“Moratelindo” atau “Perseroan”)            (“Moratelindo” or the “Company”) throughout 2025. We
     sepanjang tahun 2025. Kami memandang 2025 sebagai         see the year of 2025 as a phase that demands vigilance,
     fase yang menuntut kewaspadaan, sekaligus membuka         while also opening up opportunities for acceleration
     peluang akselerasi bagi pelaku infrastruktur digital      for digital infrastructure players capable of executing
     yang mampu mengeksekusi ekspansi jaringan secara          measured network expansion and maintaining service
     terukur dan menjaga kualitas layanan. Kami bersyukur      quality. We are grateful for our ability in consistently
     dapat menjalankan mandat pengawasan dan pemberian         carrying out our supervisory and advisory mandate to
     nasihat kepada Direksi secara konsisten, dengan fokus     the Board of Directors, with a focus on performance
     pada ketahanan kinerja, disiplin eksekusi strategi, dan   resilience,    disciplined   strategy  execution,   and
     penguatan tata kelola.                                    strengthened governance.

     Penilaian atas Kinerja Direksi                            Board of Directors’ Performance
                                                               Assessment
     Sepanjang tahun 2025, Dewan Komisaris mencermati          Throughout 2025, the Board of Commissioners
     bahwa arah pemulihan ekonomi global bergerak              observed that the global economic recovery was moving
     dengan kehati-hatian. Proyeksi lembaga internasional      cautiously. Projections from international institutions
     menunjukkan     perlambatan      pertumbuhan      dan     indicated slowing growth and increasing uncertainty,
     meningkatnya ketidakpastian, terutama dipengaruhi         primarily influenced by trade barriers, policy dynamics,
     hambatan perdagangan, dinamika kebijakan, serta risiko    and geopolitical risks.
     geopolitik.




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                               Laporan Manajemen
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Indra Nathan Kusnadi
            Komisaris Utama
      President Commissioner




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     Di tengah ketidakpastian ekonomi global dan kompetisi industri
     yang semakin ketat, Perseroan mampu menjaga ketahanan kinerja,
     memperkuat infrastruktur digital, serta menempatkan fondasi yang
     lebih kokoh untuk pertumbuhan yang berkelanjutan.
     Amid global economic uncertainty and increasingly intense industry competition, the Company
     has continued to maintain performance resilience, strengthen its digital infrastructure, and
     build a more solid foundation for sustainable growth.


     Dalam World Economic Outlook edisi Januari 2026,                                In the January 2026 edition of the World Economic
     Dana Moneter Internasional (IMF) memproyeksikan                                 Outlook, the International Monetary Fund (IMF) projects
     pertumbuhan ekonomi global sebesar 3,3% pada 2025                               global economic growth of 3.3% in 2025, with growth
     dan terjaga di level yang sama pada 2026.¹ Sementara                            remaining at the same level in 2026.¹ Meanwhile, the
     Bank Dunia menyoroti pelemahan pertumbuhan global                               World Bank highlighted a weakening of global growth to
     menjadi sekitar 2,3% pada 2025, dipengaruhi kenaikan                            around 2.3% in 2025, influenced by rising trade barriers
     hambatan perdagangan dan ketidakpastian kebijakan.²                             and policy uncertainty.²

     Di dalam negeri, ekonomi Indonesia menunjukkan daya                             Domestically, Indonesia’s economy has shown
     tahan. Badan Pusat Statistik mencatat perekonomian                              resilience. The Central Statistics Agency reports that
     Indonesia tahun 2025 tumbuh 5,11% dibandingkan tahun                            Indonesia’s economy grew by 5.11% in 2025 compared
     sebelumnya.³ Kombinasi kondisi eksternal dan domestik                           to the previous year.³ This combination of external
     ini membentuk konteks penting bagi pengambilan                                  and domestic conditions forms an important context
     keputusan korporasi, khususnya terkait disiplin investasi                       for corporate decision-making, particularly regarding
     dan pengelolaan risiko.                                                         investment discipline and risk management.

     Di tengah dinamika tersebut, perkembangan industri                              In the midst of these dynamics, developments in the
     telekomunikasi dan infrastruktur digital mendorong                              telecommunications and digital infrastructure industries
     kompetisi yang semakin ketat. Meskipun peluang                                  are driving increasingly intense competition. While
     pasar tetap luas, tantangan terkait monetisasi, fluktuasi                       market opportunities remain vast, challenges related
     biaya, dan kompleksitas dalam ekspansi jaringan                                 to monetization, cost fluctuations, and the complexity
     memerlukan pendekatan yang tepat dalam menentukan                               of network expansion require a sound approach in
     prioritas, mengelola operasional, dan menjaga                                   determining priorities, managing operations, and
     kualitas kualitas layanan. Dalam lanskap industri itu,                          maintaining service quality. Within this industry
     Dewan Komisaris menilai Direksi telah menjalankan                               landscape, the Board of Commissioners assesses that
     pengelolaan Perseroan secara bijaksana dan adaptif,                             the Board of Directors has managed the Company
     dengan menjaga fokus strategi, memperkuat resiliensi                            prudently and adaptively, maintaining strategic focus,
     operasional, serta memastikan keputusan investasi dan                           strengthening operational resilience, and ensuring that
     inisiatif pertumbuhan tetap selaras dengan kapasitas                            investment decisions and growth initiatives remain
     pendanaan, profil risiko, dan target jangka panjang                             aligned with the Company’s funding capacity, risk profile,
     Perseroan.                                                                      and long-term targets.

     Perseroan memperkuat bisnis inti lewat perluasan                                The Company strengthened its core business through
     jaringan fiber, percepatan ekspansi FTTH dan FTTX,                              fiber network expansion, accelerated FTTH and FTTX
     serta penguatan kapasitas jaringan dan data center.                             expansion, and strengthened network and data center
     Pada saat yang sama, digitalisasi layanan dan proses                            capacity. At the same time, the digitalization of services
     operasional mempercepat respons, meningkatkan                                   and operational processes has accelerated response
     pengalaman pelanggan, dan memperkuat efisiensi                                  times, improved customer experience, and strengthened
     tanpa mengorbankan kualitas layanan.                                            efficiency without sacrificing service quality.


     ¹https://www.imf.org/en/publications/weo/issues/2026/01/19/world-economic-outlook-update-january-2026
     ²https://www.worldbank.org/en/news/press-release/2025/06/10/global-economic-prospects-june-2025-press-release
     ³https://www.bps.go.id/id/pressrelease/2026/02/05/2546/ekonomi-indonesia-tahun-2025-tumbuh-5-11-persen.htm




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Untuk itu, Dewan Komisaris memberikan apresiasi yang        Therefore, the Board of Commissioners expresses its
tinggi atas dedikasi dan kinerja Direksi dalam mengelola    highest appreciation for the Board of Directors’ dedication
kinerja Perseroan di tengah kondisi ekonomi global          and performance in managing the Company amidst
yang diwarnai ketidakpastian dan dinamika industri          global economic conditions characterized by uncertainty
telekomunikasi yang semakin kompetitif. Keberhasilan        and an increasingly competitive telecommunications
utama terlihat dari ketahanan operasional, pengendalian     industry. Key successes are evident in operational
biaya yang efektif, dan kemajuan pengembangan               resilience, effective cost control, and progress in digital
infrastruktur digital.                                      infrastructure development.

Dewan Komisaris mengapresiasi kinerja Perseroan             The Board of Commissioners appreciates the Company’s
sepanjang 2025, yang ditandai oleh pertumbuhan              performance throughout 2025, marked by revenue
pendapatan menjadi Rp4.000.218 juta dan lonjakan            growth to IDR 4,000,218 million and a significant increase
signifikan laba bersih tahun berjalan dari Rp262.568 juta   in net profit for the year from IDR 262,568 million to
menjadi Rp515.856 juta.                                     IDR 515,856 million.

Pada aspek pengembangan jaringan, Dewan Komisaris           In terms of network development, the Board of
menilai ekspansi fiber optik di sejumlah area strategis     Commissioners considers the expansion of fiber
sebagai langkah tepat dalam memperkuat kapasitas dan        optic infrastructure in several strategic areas as an
ketahanan infrastruktur jangka panjang. Meningkatnya        appropriate step to strengthen long-term capacity and
kebutuhan komunikasi digital di pasar juga berhasil         infrastructure resilience. The increasing demand for
dimanfaatkan dengan baik oleh Perseroan. Di segmen          digital communication in the market has also been well
ritel, jumlah pelanggan FTTH tumbuh 45,59% yang             captured by the In the retail segment, the number of
antara lain tercermin dari peningkatan pelanggan FTTH       FTTH subscribers grew by 45.59%, as reflected, among
dari 227.145 pelanggan menjadi 330.710 pelanggan pada       other things, by an increase in FTTH subscribers from
2025. Sementara pada segmen enterprise, ekspansi            227,145 to 330,710 by 2025. Meanwhile, in the enterprise
Oxygen.id ke gedung-gedung perkantoran, instansi            segment, Oxygen.id’s expansion into office buildings,
pemerintah dan kawasan industri serta kawasan               government institutions, industrial areas, and Small Office
Small Office Home Office (SOHO) juga menunjukkan            Home Office (SOHO) zones has also shown significant
kemajuan yang berarti, dengan peningkatan pelanggan         progress, with double-digit customer growth compared
double digit dibandingkan pada tahun 2024, hal ini          to 2024. This reflects the market’s growing trust in the
mencerminkan kepercayaan pasar terhadap layanan             Company’s services.
Perseroan terus menguat.

Dewan Komisaris juga menilai bahwa kesepakatan              The Board of Commissioners also considers
definitif Moratelindo dengan PT Eka Mas Republik            Moratelindo’s definitive agreement with PT Eka Mas
(“MyRepublic Indonesia”) untuk melakukan merger             Republik (“MyRepublic Indonesia”) to merge to be a
sebagai langkah strategis. Aksi korporasi yang diinisiasi   strategic move. This corporate action, initiated by the
oleh para Pemegang Saham ini menempatkan Moratelindo        Shareholders, will position Moratelindo as the surviving
akan menjadi entitas yang bertahan dan berganti nama        entity and change its name to PT Ekamas Mora Republik
menjadi PT Ekamas Mora Republik Tbk. Kami berharap          Tbk. We hope that this merger, targeted to be effective
merger yang ditargetkan efektif pada triwulan II-2026 ini   in the second quarter of 2026, will help strengthen the
dapat turut memperkuat ekosistem digital nasional.          national digital ecosystem.

Bercermin dari seluruh kinerja 2025, Dewan Komisaris        Reflecting on the overall performance in 2025, the Board
menilai Direksi telah memberikan arahan yang tepat          of Commissioners assesses that the Board of Directors
sehingga mampu menjaga resiliensi Perseroan dan             has provided appropriate guidance, ensuring the
mendorong kinerja yang solid. Kami menilai Perseroan        Company’s resilience and driving solid performance. We
tidak hanya bertahan di tengah kompetisi, tetapi juga       acknowledged that the Company has not only survived
memperkuat posisinya sebagai infrastruktur kunci            the competition but also strengthened its position as a
ekosistem digital Indonesia, dengan fondasi yang lebih      key infrastructure for Indonesia’s digital ecosystem, with
siap untuk pertumbuhan berkelanjutan.                       a more prepared foundation for sustainable growth.



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     Pengawasan Dewan Komisaris dalam                             Board of Commissioners’ Oversight
     Perumusan dan Implementasi Strategi                          of Strategy Formulation and
                                                                  Implementation

     Sepanjang 2025, Dewan Komisaris menjalankan                  Throughout 2025, the Board of Commissioners
     fungsi pengawasan secara aktif untuk memastikan              actively carried out its oversight function to ensure
     strategi Perseroan dirumuskan dengan arah yang               the Company’s strategy was formulated with the right
     tepat dan dieksekusi secara konsisten. Pengawasan            direction and executed consistently. Oversight of
     atas perumusan strategi dilakukan melalui rapat-rapat        strategy formulation was carried out through regular
     berkala, penelaahan atas laporan Direksi, serta masukan      meetings, review of the Board of Directors’ reports, and
     dan rekomendasi dari komite-komite di bawah Dewan            input and recommendations from committees under the
     Komisaris. Melalui mekanisme tersebut, Dewan Komisaris       Board of Commissioners. Through these mechanisms,
     memastikan strategi yang disusun tidak bersifat jangka       the Board of Commissioners ensured that the strategies
     pendek, melainkan selaras dengan visi pertumbuhan            formulated were not short-term in nature but aligned with
     jangka panjang dan kebutuhan penguatan posisi                the long-term growth vision and the need to strengthen
     Perseroan di ekosistem infrastruktur digital.                the Company’s position in the digital infrastructure
                                                                  ecosystem.

     Dalam proses perumusan strategi, Dewan Komisaris             In the strategy formulation process, the Board of
     memberikan arahan yang jelas pada empat fokus utama.         Commissioners provided clear direction on four main
     Pertama, penguatan infrastruktur digital sebagai fondasi     focuses. First, strengthening digital infrastructure as a
     daya saing, termasuk penajaman prioritas pengembangan        foundation for competitiveness, including sharpening
     jaringan dan kapasitas layanan. Kedua, optimalisasi          priorities for network development and service capacity.
     portofolio bisnis agar Perseroan menempatkan sumber          Second, optimizing the business portfolio for the
     daya pada segmen bernilai tambah dan berprospek kuat.        Company to allocate resources to value-added segments
     Ketiga, penerapan manajemen risiko yang bijaksana untuk      with strong prospects. Third, implementing prudent risk
     menjaga ketahanan Perseroan di tengah ketidakpastian         management to maintain the Company’s resilience amidst
     dan kompetisi yang ketat. Keempat, peningkatan efisiensi     uncertainty and intense competition. Fourth, improving
     operasional sebagai syarat menjaga kualitas layanan dan      operational efficiency as a prerequisite for maintaining
     profitabilitas secara berkelanjutan. Dewan Komisaris         service quality and sustainable profitability. The Board
     memandang fokus ini penting agar strategi Perseroan          of Commissioners views this focus as crucial for the
     berjalan dengan disiplin investasi, eksekusi yang terukur,   Company’s strategy to be implemented with investment
     serta tata kelola yang kuat.                                 discipline, measured execution, and strong governance.

     Pengawasan atas implementasi strategi dilakukan              Monitoring of strategy implementation is carried out
     melalui pemantauan kinerja secara berkala, baik              through regular performance monitoring, both financial
     dari aspek keuangan maupun operasional, dengan               and operational, with reference to management
     mengacu pada laporan manajemen dan laporan                   reports and quarterly financial reports. The Board of
     keuangan triwulanan. Dewan Komisaris juga melakukan          Commissioners also held regular discussions in Board
     pembahasan rutin dalam rapat Dewan Komisaris serta           of Commissioners meetings and joint meetings with the
     rapat gabungan dengan Direksi, sebagai forum untuk           Board of Directors, as a forum to evaluate achievements,
     mengevaluasi capaian, menguji efektivitas program            test the effectiveness of priority programs, and ensure
     prioritas, dan memastikan langkah korektif dilakukan         timely corrective actions when deviations from the plan
     tepat waktu ketika terdapat deviasi dari rencana.            are detected.




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Sepanjang tahun 2025, kami melakukan komunikasi           Throughout 2025, we conducted intensive communication
intensif mencakup pembahasan agenda strategis             covering discussions of the Company’s strategic agenda,
Perseroan, antara lain pelaksanaan dan tindak lanjut      including the implementation and follow-up of the GMS,
RUPS, pemberian persetujuan atas laporan keuangan         approval of financial statements, annual reports, and
serta laporan tahunan dan laporan keberlanjutan, hingga   sustainability reports, as well as approval of corporate
persetujuan terhadap aksi korporasi yang dijalankan       actions undertaken by the Company. This emphasizes
Perseroan. Hal ini menegaskan bahwa pengawasan            that the Board of Commissioners’ oversight went beyond
Dewan Komisaris tidak berhenti pada evaluasi hasil,       evaluating results, and also encompassed process
tetapi juga mencakup pengendalian proses dan              control and strengthening accountability.
penguatan akuntabilitas.

Dalam seluruh proses yang berjalan, Dewan Komisaris       Throughout the entire process, the Board of
menilai kolaborasi dengan Direksi berjalan sangat         Commissioners assessed that collaboration with the
solid. Sinergi ini terlihat dari kesamaan fokus dalam     Board of Directors remained robust. This synergy was
menghadapi tantangan ekonomi, menjaga ketahanan           evident in the shared focus on addressing economic
operasional, dan mendorong pencapaian target              challenges, maintaining operational resilience, and
strategis utama. Kerja sama yang konstruktif ini          driving the achievement of key strategic targets. This
membantu Perseroan tetap agile dalam merespons            constructive collaboration helped the Company remain
disrupsi teknologi, tanpa mengabaikan disiplin tata       agile in responding to technological disruption, without
kelola perusahaan.                                        compromising corporate governance discipline.

Selain pengawasan rutin, Dewan Komisaris juga             In addition to routine oversight, the Board of Commissioners
melakukan evaluasi kinerja Direksi secara menyeluruh      also conducted a comprehensive performance evaluation
pada akhir tahun buku. Evaluasi ini menjadi dasar untuk   of the Board of Directors at the end of the fiscal year. This
menilai capaian kinerja, merumuskan rekomendasi           evaluation served as the basis for assessing performance
perbaikan, serta menjadi pertimbangan dalam kebijakan     achievements,        formulating     recommendations      for
remunerasi dan pengembangan Direksi. Proses evaluasi      improvement, and informed the remuneration and
dilakukan melalui mekanisme self-assessment sesuai        development policies of the Board of Directors. The
kebijakan yang berlaku. Dengan siklus evaluasi yang       evaluation process was conducted through a self-
terstruktur, Dewan Komisaris memastikan pengawasan        assessment mechanism in accordance with applicable
tidak bersifat administratif, tetapi menghasilkan umpan   policies. With a structured evaluation cycle, the Board of
balik yang nyata untuk perbaikan kinerja manajemen        Commissioners ensured that oversight was not merely
dan penguatan eksekusi strategi dari waktu ke waktu.      administrative in nature but rather generated tangible
                                                          feedback for improving management performance and
                                                          strengthening strategy execution over time.




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     Pandangan atas Prospek Usaha                                 Outlook on Business Prospects

     Dewan Komisaris memiliki keyakinan kuat terhadap             The Board of Commissioners strongly believes in the
     prospek usaha Perseroan di masa depan. Keyakinan             Company’s future business prospects. This confidence
     ini didorong oleh akselerasi transformasi digital nasional   is driven by the continued acceleration of national digital
     yang terus meningkat, serta kebutuhan konektivitas yang      transformation and the growing need for connectivity in
     semakin melekat pada aktivitas rumah tangga, bisnis,         households, businesses, and public services.
     dan layanan publik.

     Dewan Komisaris menilai pengembangan infrastruktur           The Board of Commissioners views the development of
     digital dan penguatan layanan berbasis teknologi terkini     digital infrastructure and the strengthening of services
     sebagai elemen yang paling menjanjikan, karena berada        based on the latest technology as the most promising
     di pusat kebutuhan pasar dan memiliki peran strategis        elements, as they are at the center of market demand and
     dalam ekosistem digital Indonesia. Dalam konteks itu,        play a strategic role in Indonesia’s digital ecosystem. In
     kami memandang arah strategi Direksi untuk memperluas        this context, we view the Board of Directors’ strategy to
     jangkauan jaringan serat optik dan memperkuat layanan        expand the reach of the fiber optic network and strengthen
     data center berada pada jalur yang tepat.                    data center services as being on the right track.

     Meski demikian, Dewan Komisaris menekankan                   However, the Board of Commissioners emphasizes that
     bahwa peluang hanya akan menghasilkan kinerja yang           opportunities will only yield sustainable performance if
     berkelanjutan jika didukung eksekusi yang disiplin.          supported by disciplined execution. Therefore, there
     Karena itu, terdapat dua area yang perlu ditinjau lebih      are two areas that require further review in the Board of
     lanjut dalam proyeksi Direksi. Pertama, optimalisasi         Directors’ projections. First, optimizing asset utilization,
     utilisasi aset, agar pertumbuhan tidak semata tercermin      so that growth is not solely reflected in expansion, but also
     dari ekspansi, tetapi juga dari peningkatan produktivitas    in increased productivity and contribution from existing
     dan kontribusi aset yang sudah dimiliki. Kedua, mitigasi     assets. Second, mitigating market risks, particularly
     risiko pasar, terutama terkait dinamika permintaan,          related to demand dynamics, competitive pressures,
     tekanan kompetisi, dan perubahan perilaku pelanggan          and changes in customer behavior that can impact
     yang dapat mempengaruhi hasil komersial. Bagi Dewan          commercial results. For the Board of Commissioners,
     Komisaris, disiplin eksekusi dan disiplin risiko menjadi     disciplined execution and risk discipline are the key
     pembeda utama antara pertumbuhan yang cepat dan              differentiators between rapid growth and healthy growth.
     pertumbuhan yang sehat.

     Secara keseluruhan, Dewan Komisaris menilai strategi         Overall, the Board of Commissioners assesses that
     pertumbuhan Direksi telah selaras dengan peluang             the Board of Directors’ growth strategy aligns with
     industri telekomunikasi dan internet, melalui penguatan      opportunities in the telecommunications and internet
     infrastruktur digital, diversifikasi portofolio layanan,     industry, through strengthening digital infrastructure,
     serta penajaman segmen enterprise dan retail untuk           diversifying the service portfolio, and sharpening the
     menangkap momentum transformasi digital. Untuk               enterprise and retail segments to capture the momentum
     memperkuat keunggulan kompetitif, Dewan Komisaris            of digital transformation. To strengthen competitive
     memberikan penekanan pada empat prioritas. Pertama,          advantage, the Board of Commissioners emphasizes four
     percepatan transformasi digital agar proses, layanan,        priorities. First, accelerating digital transformation to make
     dan pengambilan keputusan semakin berbasis data dan          processes, services, and decision-making increasingly




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lebih efisien. Kedua, pengembangan kemitraan strategis         data-driven and efficient. Second, developing strategic
untuk memperluas jangkauan, mempercepat penetrasi,             partnerships to expand reach, accelerate penetration, and
dan memperkuat ekosistem layanan. Ketiga, inovasi              strengthen the service ecosystem. Third, value-added
produk bernilai tambah sebagai diferensiasi yang relevan       product innovation as a relevant and difficult-to-replicate
dan sulit ditiru, terutama pada layanan yang semakin           differentiation, particularly in services increasingly in
dibutuhkan pelanggan. Keempat, penguatan branding di           demand by customers. Fourth, strengthening branding in
pasar ritel dan enterprise agar proposisi nilai Perseroan      the retail and enterprise markets to ensure the Company’s
semakin jelas dan konsisten.                                   value proposition is clearer and more consistent.

Dalam menghadapi perubahan kondisi makroekonomi                In facing changing global and regional macroeconomic
global maupun regional, Dewan Komisaris menilai                conditions, the Board of Commissioners assesses that
Perseroan memiliki kesiapan adaptasi yang baik.                the Company is well-prepared to adapt. This readiness is
Kesiapan ini tercermin dari pengelolaan risiko yang            reflected in structured risk management, a flexible capital
terstruktur, fleksibilitas struktur modal, serta kemampuan     structure, and the ability to quickly adjust the focus of
melakukan penyesuaian fokus segmen bisnis secara               business segments when needed, without compromising
cepat ketika diperlukan, tanpa mengabaikan fondasi             the operational foundation and maturity of digital
operasional dan kematangan transformasi digital.               transformation. However, the Board of Commissioners
Namun demikian, Dewan Komisaris tetap menaruh                  remains focused on risks that must be continuously
perhatian pada risiko yang perlu terus diantisipasi,           anticipated, including geopolitical uncertainty, exchange
termasuk ketidakpastian geopolitik, volatilitas nilai tukar,   rate volatility, intense price competition, and the
persaingan harga yang intensif, serta dinamika regulasi        dynamics of sector regulation.
sektor.

Atas dasar itu, Dewan Komisaris merekomendasikan               Based on this, the Board of Commissioners recommends
penguatan manajemen risiko yang lebih proaktif,                strengthening more proactive risk management,
diversifikasi sumber pendapatan, serta mekanisme               diversifying revenue sources, and developing adaptive
respons yang adaptif agar ketahanan Perseroan                  response mechanisms to ensure the Company’s
terjaga di berbagai skenario. Dengan disiplin eksekusi,        resilience across various scenarios. With disciplined
pemanfaatan aset yang lebih optimal, dan pengelolaan           execution, optimal asset utilization, and robust risk
risiko yang kuat, Dewan Komisaris meyakini Perseroan           management, the Board of Commissioners believes the
berada pada jalur yang tepat untuk menjaga relevansi,          Company is on the right track to maintain relevance,
memperkuat daya saing, dan mencapai visi jangka                strengthen competitiveness, and achieve its long-term
panjang secara berkelanjutan.                                  vision sustainably.

Pandangan atas Penerapan Tata                                  Outlook on the Company’s
Kelola Perseroan                                               Implementation of Corporate
                                                               Governance

Dewan Komisaris menilai penerapan tata kelola                  The Board of Commissioners assesses that the
perusahaan di Moratelindo sepanjang periode                    implementation of corporate governance at Moratelindo
pelaporan telah berjalan konsisten dan memadai, serta          throughout the reporting period has been consistent
mencerminkan komitmen Perseroan dalam menerapkan               and adequate, reflecting the Company’s commitment
prinsip-prinsip Good Corporate Governance (GCG),               to implementing the principles of Good Corporate
yaitu transparansi, akuntabilitas, responsibilitas,            Governance (GCG), namely transparency, accountability,
independensi, dan kewajaran. Dalam pandangan Dewan             responsibility, independence, and fairness. In the Board
Komisaris, pencapaian yang menonjol pada periode ini           of Commissioners’ view, a notable achievement during
adalah penguatan sistem pengendalian internal dan              this period is the strengthening of the internal control and
manajemen risiko, sebagai bagian dari upaya menjaga            risk management systems, as part of efforts to maintain
keberlanjutan usaha Perseroan.                                 the Company’s business sustainability.




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     Untuk memastikan tata kelola dijalankan secara efektif di   To ensure that governance is implemented effectively at
     seluruh tingkat organisasi, Dewan Komisaris melakukan       all levels of the organization, the Board of Commissioners
     pemantauan melalui rapat dan laporan berkala,               conducts monitoring through regular meetings and
     disertai pemberian arahan dan rekomendasi strategis         reports, along with providing strategic direction and
     kepada Direksi. Dewan Komisaris juga berkoordinasi          recommendations to the Board of Directors. The Board
     dengan komite-komite di bawah Dewan Komisaris               of Commissioners also coordinates with committees
     sebagai perangkat pengawasan yang memperkuat                under the Board of Commissioners as an oversight tool
     kualitas evaluasi dan tindak lanjut. Dalam aspek audit      that strengthens the quality of evaluations and follow-
     dan evaluasi, Dewan Komisaris melalui Komite Audit          up. In the audit and evaluation aspect, the Board of
     melakukan pengawasan berdasarkan laporan aktivitas          Commissioners through the Audit Committee conducts
     Internal Audit setiap kuartal, termasuk penelaahan atas     supervision based on the quarterly Internal Audit activity
     Piagam Komite Audit, serta pembahasan mengenai              report, including review of the Audit Committee Charter,
     Whistleblowing System (WBS) dan Code of Conduct.            as well as discussions regarding the Whistleblowing
                                                                 System (WBS) and Code of Conduct.

     Kami menilai bahwa Komite-komite yang mendukung             We assess that the committees supporting the oversight
     fungsi pengawasan, yaitu Komite Audit serta Komite          function, namely the Audit Committee and the Nomination
     Nominasi dan Remunerasi, telah menjalankan tugas            and Remuneration Committee, have carried out their
     dan fungsinya secara efektif dan independen. Selama         duties and functions effectively and independently.
     tahun 2025, Komite-komite tersebut telah memberikan         Throughout 2025, these committees provided objective
     rekomendasi yang objektif dan krusial dalam membantu        and crucial recommendations to assist the Board of
     Dewan Komisaris mengambil keputusan strategis. Kami         Commissioners in issuing strategic decisions. We believe
     memandang bahwa profesionalisme yang ditunjukkan            that the professionalism demonstrated by each committee
     oleh setiap Komite telah berkontribusi signifikan dalam     has contributed significantly to strengthening good
     penguatan praktik tata kelola perusahaan yang baik          corporate governance (GCG) practices and ensuring
     (GCG) dan memastikan fungsi pengawasan berjalan             that the oversight function operates in accordance with
     sesuai dengan koridor regulasi yang berlaku.                applicable regulations.

     Dewan Komisaris juga menekankan pentingnya                  The Board of Commissioners also emphasizes the
     transparansi, akuntabilitas, dan keadilan sebagai           importance of transparency, accountability, and fairness
     bagian integral dari budaya perusahaan. Penguatan           as integral parts of the company’s culture. This culture
     budaya tersebut dilakukan melalui pengawasan                is strengthened through oversight of the openness
     atas keterbukaan dan kualitas informasi, dengan             and quality of information, ensuring that the Board of
     memastikan Direksi menyampaikan laporan tahunan             Directors submits annual reports and financial statements
     dan laporan keuangan secara akurat, tepat waktu, dan        accurately, timely, and responsibly. Furthermore, the
     dapat dipertanggungjawabkan. Selain itu, Perseroan          Company has implemented a Code of Ethics and Code of
     menerapkan Kode Etik dan Pedoman Perilaku sebagai           Conduct as a reference for work behavior that supports
     rujukan perilaku kerja yang mendukung integritas serta      the integrity and consistent implementation of GCG
     konsistensi penerapan prinsip GCG.                          principles.




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Penutup dan Apresiasi                                      Closing Remarks and Appreciation

Menutup laporan ini, kami menyampaikan apresiasi           In closing this report, we express our deepest appreciation
yang setinggi-tingginya kepada seluruh jajaran Direksi,    to the entire Board of Directors, management,
manajemen, karyawan, pemegang saham, dan pemangku          employees, shareholders, and stakeholders for their
kepentingan atas kontribusi dan dukungan yang telah        contributions and support throughout 2025. The Board of
diberikan sepanjang tahun 2025. Dewan Komisaris            Commissioners is committed to continuously overseeing
berkomitmen untuk senantiasa mengawal implementasi         the implementation of the company’s strategy by
strategi perusahaan dengan memprioritaskan aspek           prioritizing sustainability, innovation, and creating added
keberlanjutan, inovasi, dan penciptaan nilai tambah bagi   value for all stakeholders.
seluruh pihak yang berkepentingan.




                                              Jakarta, 21 April 2026
                                              Jakarta, April 21, 2026
                                           Mewakili Dewan Komisaris
                                     On behalf of the Board of Commissioners




                                               Indra Nathan Kusnadi
                                                 Komisaris Utama
                                              President Commissioner




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     Surat Pernyataan Anggota Dewan Komisaris dan Direksi
     tentang Tanggung Jawab atas Laporan Tahunan 2025
     PT Mora Telematika Indonesia Tbk
     Statement Letter of the Board of Commissioners and the Board of Directors
     regarding Responsibility for the 2025 Annual Report of
     PT Mora Telematika Indonesia Tbk




     Kami yang bertanda tangan di bawah ini menyatakan               We, the undersigned, declare that all information in the
     bahwa semua informasi dalam Laporan Tahunan                     2025 Annual Report of PT Mora Telematika Indonesia Tbk
     PT Mora Telematika Indonesia Tbk tahun 2025 telah               are presented in its entirety, and we are fully responsible
     dimuat secara lengkap dan bertanggung jawab penuh               for the correctness of the contents in the Company’s
     atas kebenaran isi Laporan Tahunan Perusahaan.                  Annual Report.



     Demikian pernyataan ini dibuat dengan sebenarnya.               This statement is hereby made in all truthfulness.



                                                      Jakarta, 21 April 2026
                                                      Jakarta, April 21, 2026

                                                        Dewan Komisaris
                                                     Board of Commissioners




                 Karim Panjaitan                      Indra Nathan Kusnadi                      Kanaka Puradiredja
                    Komisaris                            Komisaris Utama                       Komisaris Independen
                  Commissioner                       President Commissioner                 Independent Commissioner




                                                               Direksi
                                                          Board of Directors




                                       Jimmy Kadir                         Genta Andhika Putra
                                      Direktur Utama                       Wakil Direktur Utama
                                     President Director                   Vice President Director



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      03
                                                 Company Profile
     Profil Perseroan
     Company Profile




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  Profil Perseroan
  Company Profile




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     Profil Perseroan
     Company Profile
                                                                                                                      Data per 31 Desember 2025
                                                                                                                     Data as of December 31, 2025



              Nama Perseroan
              Name of the Company                PT Mora Telematika Indonesia Tbk
                                                 Aktivitas telekomunikasi dengan kabel, penyedia jasa internet, jasa interkoneksi internet (NAP)
              Kegiatan Usaha Utama               dan data center
              Main Business Activities           Telecommunications activities by cable, internet service provider, network access provider
                                                 (NAP) and data center

              Tanggal Pendirian                  8 Agustus 2000
              Date of Establishment              August 8, 2000

              Status Hukum                       Perusahaan Terbuka
              Legal Status                       Public Company

                                                 •   PT Candrakarya Multikreasi : 35,99%
              Pemegang Saham
                                                 •   PT Gema Lintas Benua       : 30,18%
              Shareholders                       •   Masyarakat | Public        : 33,83%


              Modal Dasar                        Rp3.266.830.889.100,–
              Authorized Capital                 IDR 3,266,830,889,100

              Modal Ditempatkan dan Disetor
                                                 Rp2.364.666.869.100,–
              Penuh                              IDR 2,364,666,869,100
              Issued and Fully Paid Capital
              Kode Saham
              Stock Code                         MORA
              Pemeringkatan Perseroan            idA+/Stable
              Company Rating                     (Single A Plus; Stable Outlook)

              Kapitalisasi Pasar                 Rp284.942.357.726.550,-
              Market Capitalization              IDR 284,942,357,726,550

                                                 •   Sukuk Ijarah Berkelanjutan I Moratelindo Tahap IV Tahun 2021 (Seri B)
                                                     Moratelindo Shelf Registration Ijarah Sukuk I Phase IV Year 2021 (Series B)
              Efek Bersifat Utang                •   Sukuk Ijarah Berkelanjutan II Moratelindo Tahap I Tahun 2023 (Seri A & Seri B)
              Debt Securities                        Moratelindo Shelf Registration Ijarah Sukuk II Phase I Year 2023 (Series A & Series B)
                                                 •   Sukuk Ijarah Berkelanjutan II Moratelindo Tahap II Tahun 2024 (Seri A & Seri B)
                                                     Moratelindo Shelf Registration Ijarah Sukuk II Phase II Year 2024 (Series A & Series B)

              Anak Perusahaan                    Perseroan memiliki 5 entitas anak usaha langsung dan 1 entitas anak usaha tidak langsung.
              Subsidiaries                       The Company has 5 direct subsidiaries and 1 indirect subsidiary.

                                                 Gedung Grha 9
              Alamat Kantor Pusat                Grha 9 Building
              Head Office Address                Jalan Penataran No. 9 Kelurahan Pegangsaan, Kecamatan Menteng, Jakarta Pusat
                                                 Daerah Khusus Jakarta 10320, Indonesia

              Telepon
                                                 (+62 21) 3199 8600
              Phone
              Faksimili
                                                 (+62 21) 314 2882
              Facsimile
              Kontak Pelanggan
                                                 info@morarepublic.co.id
              Customer Relation
              Kontak Investor
                                                 corsec@morarepublic.co.id
              Investor Relation
              Situs Web
                                                 www.morarepublic.co.id
              Website
                                                 MoraRepublic
                                                 Facebook: https://www.facebook.com/MoraRepublic/
                                                 Instagram: https://www.instagram.com/morarepublic
                                                 Youtube: https://www.youtube.com/@MoraRepublic
              Media Sosial
              Social Media                       Oxygen.id
                                                 Facebook: https://www.facebook.com/oxygen.id
                                                 Instagram: https://www.instagram.com/oxygenid_official/
                                                 Youtube: https://www.youtube.com/@OxygenidChannel
                                                 Tiktok: https://www.tiktok.com/@oxygenid_

              Kantor Perwakilan                  Cervino Village, Jl. KH Abdullah Syafei No. 27 Tebet, Jakarta Selatan
              Representative Office              Jl. Kapten Tendean No. 43, Kuningan Barat, Mampang Prapatan, Jakarta Selatan

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  Profil Perseroan
  Company Profile




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                                             Profil Perseroan
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                          Riwayat Singkat Perusahaan
                                         Brief Company History




     PT Mora Telematika Indonesia Tbk atau lebih dikenal dengan
       “Moratelindo”, berkedudukan di Jakarta Pusat, merupakan
         suatu perseroan terbuka yang didirikan dan menjalankan
           kegiatan usahanya menurut dan berdasarkan peraturan
        perundang–undangan yang berlaku di Republik Indonesia,
            berdasarkan Akta Pendirian Perseroan Terbatas No.30
         tanggal 8 Agustus 2000, yang dibuat di hadapan Notaris
          Daniel Parganda Marpaung, S.H, Notaris di Jakarta. Akta
   pendirian tersebut telah memperoleh pengesahan dari Menteri
            Kehakiman dan Hak Asasi Manusia Republik Indonesia
             berdasarkan surat Keputusan No. C–25621.HT.01–01.
          TH.2000 tanggal 21 Desember 2000, diumumkan dalam
      Berita Negara No. 58 tertanggal 20 Juli 2007, Tambahan No.
     7264, didaftarkan dalam daftar perusahaan sesuai ketentuan
    UUWDP dengan TDP No. 090416415210 di Kantor Pendaftaran
          Perusahaan Kota Madya Jakarta Timur, agenda No. 639/
                            BH.09–04/V/02 tanggal 28 Mei 2002.



      PT Mora Telematika Indonesia Tbk, or known as “Moratelindo,”
   domiciled in Central Jakarta, is a public company established and
  conducting its business activities in accordance with the laws and
       regulations of the Republic of Indonesia, based on the Deed of
  Establishment of a Limited Liability Company No. 30 dated August
 8, 2000, drawn up before Notary Daniel Parganda Marpaung, S.H.,
 Notary in Jakarta. This deed of establishment was approved by the
  Minister of Justice and Human Rights of the Republic of Indonesia
   through Decree No. C–25621.HT.01–01.TH.2000 dated December
   21, 2000, announced in State Gazette No. 58 dated July 20, 2007,
      Supplement No. 7264, and registered in the Company Register
       in accordance with the provisions of the UUWDP with TDP No.
090416415210 at the East Jakarta City Company Registration Office,
               agenda No. 639/ BH.09–04/V/02 dated May 28, 2002.




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          Jejak Langkah
          Milestones


      • Didirikan sebagai penyedia layanan internet dan kartu         • Mendirikan Nusantara Data Center (NDC) terintegrasi di
        telepon.                                                        Medan, Palembang, Surabaya, Bali, Jakarta dan Batam.
        Established as an internet service and phone card               Built the integrated Nusantara Data Center (NDC) in
        provider.                                                       Medan, Palembang, Surabaya, Bali, Jakarta, and Batam.
      • Bertransformasi menjadi penyedia jasa infrastruktur           • Moratelindo mengembangkan jaringan kabel fiber
        telekomunikasi dan membangun jaringan serat optik 7,5           optik bawah laut internasional, B3JS (Jakarta–Bangka–
        km di Pulau Jawa dengan keberhasilan tingkat global.            Bintan–Batam–Singapura).
        Transformed into a telecommunications infrastructure            Moratelindo developed the international submarine fiber
        service provider and built a 7.5 km fiber optic network on      optic cable network, B3JS (Jakarta–Bangka–Bintan–
        Java Island, achieving global success.                          Batam–Singapore).
      • Mendirikan perusahaan anak di Singapura yaitu Moratel         • Infrastruktur Metro–E pada 21 kota.
        International Pte, Ltd.                                         Metro–E infrastructure in 21 cities.
        Established a subsidiary in Singapore, Moratel                • Ekspansi Fiber to the X/FTTX untuk pasar korporasi.
        International Pte, Ltd.                                         Fiber to the X/FTTX expansion for the corporate market .
      • Membangun jaringan kabel fiber optik bawah laut               • Merambah layanan internet ke pasar ritel melalui brand
        internasional pertama Jakarta–Singapura bernama                 “Oxygen.id”.
        MIC–1.                                                          Expanding internet services to the retail market through
        Built the first international submarine fiber optic cable       the “Oxygen.id” brand.
        network from Jakarta to Singapore, named MIC–1.               • Memenangkan tender proyek Palapa Ring Barat dan
      • Membangun kabel fiber optik bawah laut internasional            Palapa Ring Timur melalui anak perusahaannya, yaitu
        kedua BDM (Batam–Dumai–Malaka).                                 PT Palapa Ring Barat dan PT Palapa Timur Telematika,
        Built the second international submarine fiber optic            untuk mendukung proyek infrastruktur strategis
        cable, BDM (Batam–Dumai–Malacca).                               nasional.
      • Membangun Sumatera Backbone untuk mendukung                     Winning the tender for the Palapa Ring Barat and Palapa
        jaringan kabel laut dan darat di Pulau Sumatera.                Ring Timur projects through its subsidiaries,
        Built the Sumatra Backbone to support submarine and             PT Palapa Ring Barat and PT Palapa Timur Telematika, to
        land cable networks on Sumatra Island.                          support national strategic infrastructure projects.
                                                                      • Penawaran Umum Obligasi I Moratelindo seri A
                                                                        senilai Rp540.000.000.000,– dan seri B senilai
                                                                        Rp460.000.000.000,–.
                                                                        Public Offering of Moratelindo Bonds I, Series A, worth
                                2000                                    IDR 540,000,000,000 and Series B, worth
                                  –
                                2010                                    IDR 460,000,000,000.
                                                                      • Sukuk Ijarah Berkelanjutan I Moratelindo Tahap I Tahun
                                                                        2019 seri A senilai Rp347.000.000.000,– dan Seri B
                                                                        senilai Rp653.000.000.000,–.
                                                                        Moratelindo Shelf Registration Ijarah Sukuk I Phase I
                                                                        Year 2019 Series A, worth IDR 347,000,000,000 and
                                                                        Series B, worth IDR 653,000,000,000.
                                                                      • Sukuk Ijarah Berkelanjutan I Moratelindo Tahap II Tahun
                                                                        2020 seri A senilai Rp191.000.000.000,– dan Seri B
                                                                        senilai Rp86.000.000.000,–; Tahap III Tahun 2020
                                                                        seri A senilai Rp333.365.000.000,– dan seri B senilai
                                                                        Rp56.150.000.000,–.
                                                                        Moratelindo Shelf Registration Ijarah Sukuk I Phase II
                                                                        Year 2020 Series A, worth IDR 191,000,000,000 and
                                                                        Series B, worth IDR 86,000,000,000; Phase III Year 2020
                                                                        Series A, worth IDR 333,365,000,000 and Series B worth
                                                                        IDR 56,150,000,000.



                                                                                              2011
                                                                                                –
                                                                                              2020

     • Mengakuisisi 65% saham PT Indo Pratama Teleglobal (IPT),
       perusahaan penyedia layanan Very Small Aperture Terminal
       (VSAT).
       Acquired a 65% of share in PT Indo Pratama Teleglobal
       (IPT), a Very Small Aperture Terminal (VSAT) service
       provider.
     • Sukuk Ijarah Berkelanjutan I Moratelindo Tahap IV Tahun       2021
       2021, terdiri dari Seri A senilai Rp469.100.000.000,– dan
       Seri B senilai Rp30.900.000.000,–.
       Moratelindo Shelf Registration Ijarah Sukuk I Phase IV of
       2021, consisting of Series A, worth IDR 469,100,000,000 and
       Series B, worth IDR 30,900,000,000.


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                                                                            Profil Perseroan
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       • Penawaran Umum Perdana Saham Moratelindo pada
2022     8 Agustus 2022.
         Moratelindo’s Initial Public Offering on August 8, 2022.




        • Sukuk Ijarah Berkelanjutan II Moratelindo Tahap I Tahun 2023 seri A senilai Rp462.600.000.000,–
          dan Seri B senilai Rp25.950.000.000,–.
          Moratelindo Shelf Registration Ijarah Sukuk II Phase I Year 2023, Series A, worth IDR 462,600,000,000
          and Series B, worth IDR 25,950,000,000.
        • Perseroan bekerja sama dengan PT Jejaring Mitra Persada untuk membangun Sistem Komunikasi
          Kabel Laut Rising–8 Jakarta–Singapura, dimana pada tahun 2023 masih dalam tahap persiapan
2023      mencakup survei, perizinan, dan pengadaan material. Proyek kabel bawah laut sepanjang 1.128,5
          km ini berkapasitas per–pair minimum sebesar 25 Terabits per second dengan 16 fiber–pair dan
          menggunakan teknologi repeater serta sistem keamanan terbaru.
          The Company was collaborating with PT Jejaring Mitra Persada to build the Jakarta–Singapore
          Rising–8 Submarine Cable Communication System, which in 2023 was in the preparation stage,
          including surveys, permits, and material procurement. This 1,128.5 km submarine cable project has a
          minimum per–pair capacity of 25 Terabits per second with 16 fiber pairs and utilizes the latest repeater
          technology and security systems.




        • Sukuk Ijarah Berkelanjutan II Moratelindo Tahap II Tahun 2024 seri A dan seri B sebesar
          Rp279.630.000.000,–.
          Moratelindo Shelf Registration Ijarah Sukuk II Phase II Year 2024, Series A and Series B, worth
          IDR 279,630,000,000.
        • Peluncuran Moratelindo Network Interconnect and Content Autonomous (MoNICA), yaitu layanan
          interkoneksi dari Perseroan yang menyediakan akses langsung antar Provider Telekomunikasi Internet
          baik sesama anggota MoNICA dan Exchange Internasional seperti Equinix Internet Exchange (EIE) dan
2024
          SGIX di Singapura, JPIX di Jepang, HKIX di Hongkong, Any2 Exchange di Amerika Serikat, serta AMS–IX di
          Eropa. MoNICA juga dilengkapi dengan Content Cache Global (CDN) terkemuka dunia.
          Launched of Moratelindo Network Interconnect and Content Autonomous (MoNICA), the Company’s
          interconnection service that provides direct access between Internet Telecommunications Providers,
          both MoNICA members and international exchanges such as Equinix Internet Exchange (EIE) and SGIX in
          Singapore, JPIX in Japan, HKIX in Hong Kong, Any2 Exchange in the United States, and AMS–IX in Europe.
          MoNICA is also equipped with a world–leading Global Content Cache (CDN).




        • Pada 18 Desember 2025, Perseroan mengumumkan
          tercapainya kesepakatan definitif untuk melakukan
          merger dengan PT Eka Mas Republik (MyRepublic
          Indonesia), dengan Perseroan sebagai entitas yang
          bertahan dan berganti nama menjadi PT Ekamas Mora
          Republik Tbk. Merger ini merupakan langkah strategis
          yang diambil kedua perusahaan untuk mendukung
          agenda digital Indonesia dalam percepatan dan
          pemerataan ekosistem digital tanah air, dan diharapkan
          selesai pada semester pertama 2026.
2025      On 18 December 2025, the Company announced a
          definitive agreement to merge with PT Eka Mas Republik
          (MyRepublic Indonesia), with the Company as the
          surviving entity and its name will change to PT Ekamas
          Mora Republik Tbk. This merger is the strategic step
          taken by both of the companies to support Indonesia’s
          digital agenda in accelerating and equalizing the
          country’s digital ecosystem, and is expected to be
          completed in the first half of 2026.




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                                                                          VISI
                                                                       VISION
                                                              Secara aktif
                                                       berkontribusi untuk
                                                      mentransformasikan
                                                       masyarakat menjadi
                                                   suatu masyarakat digital
                                                               terkemuka.
                                                      Actively contribute to transform
                                                     the country into a leading digital
                                                                               society.


                                                                      MISI
                                                                   MISSION
                                                          Mengembangkan
                                                               infrastruktur
                                                  telekomunikasi terbaik di
                                                   kelasnya dan memimpin
                                                         ekosistem layanan
                                                        telekomunikasi dan
                                                                     digital.
                                                         To develop the best–in class
                                                   telecommunication infrastructure,
                                                 and lead the telecommunication and
                                                          digital services ecosystem.

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                                                                                       Profil Perseroan
                                                                                       Company Profile




                                        Visi, Misi, dan Nilai-Nilai Perseroan
                                       Vision, Mission, and Values of the Company




                                                                INNOVATIVE

                                             INTEGRITY        SERVICE
                                                     CHANGE   EXCELLENCE

                                              TEAM            PASSIONATE
                                              WORK




                              Budaya Perseroan
                              Corporate Culture
Budaya Perseroan yang dijalankan oleh Moratelindo adalah       Moratelindo’s corporate culture is as follows:
sebagai berikut:


1. Rendah hati dan bertindak penuh integritas.                 1. Humble and act with integrity.
   » Menjunjung nilai–nilai kejujuran dan menggiatkan             » Uphold the values of honesty           and   encourage
     perilaku profesional dan selalu memberikan yang                professional behavior
     terbaik.                                                     » Focus on INTEGRITY.
   » Fokus terhadap INTEGRITY.

2. Merangkul dan mendorong perubahan.                          2. Embrace and encourage change.
   » Mampu menyiapkan tindakan penyesuaian dan                    » Able to prepare adjustments and improvements to
     perbaikan dalam rangka menyikapi tuntutan perubahan            address the demands of changing technology and the
     teknologi dan lingkungan bisnis.                               business environment.
   » Fokus terhadap CHANGE.                                       » Focus on CHANGE.

3. Membangun semangat tim yang positif dan komunikasi          3. Build a positive team spirit and open communication.
   yang terbuka.
   » Menjaga kesatuan tim dengan mengedepankan                    » Maintain team unity by prioritizing togetherness and
      kebersamaan dan komunikasi yang baik.                         good communication.
   » Fokus terhadap TEAMWORK.                                     » Focus on TEAMWORK.


4. Memberikan pengalaman terbaik bagi pelanggan melalui        4. Provide the best customer experience through excellent
   layanan prima.                                                 service.
   » Selalu memberikan yang terbaik bagi kepuasan                 » Always aim for for customer satisfaction and strive to
      pelanggan dan berusaha selalu memahami kebutuhan               understand the dynamic needs of customers.
      pelanggan yang dinamis.
   » Fokus terhadap SERVICE EXCELLENCE.                           » Focus on SERVICE EXCELLENCE.


5. Inovatif dan berpikiran terbuka.                            5. Innovation and open–minded.
   » Selalu mencari cara dan ide baru dalam rangka                » Explore new ways and ideas to achieve goals.
      mencapai tujuan.
   » Fokus terhadap INNOVATIVE.                                   » Focus on INNOVATIVE.

6. Penuh antusias.                                             6. Full of enthusiasm.
   » Menjalankan tugas dan kewajiban dengan antusias              » Carry out duties and obligations with enthusiasm to
     sehingga mampu meraih hasil yang optimum.                       achieve optimal results.
   » Fokus terhadap PASSIONATE.                                   » Focus on PASSIONATE.



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     Kegiatan Usaha
     Business Activities


     Kegiatan Usaha Utama Perseroan berdasarkan Akta             The Company’s main business activities based on the
     Pernyataan Keputusan Pemegang Saham Perseroan No.           Deed of Statement of the Company’s Shareholders’
     18 tanggal 5 Juni 2025, dibuat di hadapan Aulia Taufani,    Decision No. 18 dated June 5, 2025, made before Aulia
     S.H., Notaris di Kota Administrasi Jakarta Selatan,         Taufani, S.H., a Notary in South Jakarta Administrative
     yang pemberitahuan perubahan anggaran dasarnya              City, whose notification of changes to its articles of
     telah diterima dan dicatat di dalam Sistem Administrasi     association has been received and recorded in the Legal
     Badan Hukum Kementerian Hukum Republik Indonesia            Entity Administration System of the Ministry of Law of
     No. AHU–AH.01.03–0160979, tanggal 18 Juni 2025 dan          the Republic of Indonesia No. AHU–AH.01.03–0160979,
     telah didaftarkan dalam Daftar Perseroan sesuai dengan      dated June 18, 2025, and has been registered in the
     ketentuan UUPT dengan No. AHU–0134200.AH.01.11.             Company Register in accordance with the provisions of
     TAHUN 2025, tanggal 18 Juni 2025 (“Akta No. 18/2025”)       the UUPT with No. AHU–0134200.AH.01.11.TAHUN 2025,
     adalah:                                                     dated June 18, 2025 (“Deed No. 18/2025”) is:

      1.  Konstruksi Sentral Telekomunikasi.                      1.    Telecommunications Central Construction.
      2.  Instalasi Telekomunikasi.                               2.    Telecommunications Installation.
      3.  Perdagangan Besar Komputer dan Perlengkapan             3.    Computer and Computer Equipment Wholesale.
          Komputer.
      4. Perdagangan Besar Piranti Lunak.                         4.  Software Wholesale.
      5. Perdagangan Besar Peralatan Telekomunikasi.              5.  Telecommunication Equipment Wholesale.
      6. Aktivitas Telekomunikasi Dengan Kabel.                   6.  Cable Telecommunication Activities.
      7. Aktivitas Telekomunikasi Tanpa Kabel.                    7.  Wireless Telecommunication Activities.
      8. Aktivitas Telekomunikasi Satelit.                        8.  Satellite Telecommunication Activities.
      9. Jasa Internet Teleponi Untuk Keperluan Publik (ITKP).    9.  Internet Telephony Public Purposes (ITKP)
      10. Jasa Nilai Tambah Teleponi Lainnya.                     10. Other Telephony Added–Value Services.
      11. Internet Service Provider.                              11. Internet Service Provider.
      12. Jasa Sistem Telekomunikasi Data.                        12. Data Telecommunication System Services.
      13. Jasa Televisi Protokol Internet (IPTV).                 13. Internet Protocol Television Services (IPTV).
      14. Jasa Interkoneksi Internet (NAP).                       14. Network Access Provider (NAP).
      15. Jasa Multimedia Lainnya.                                15. Other Multimedia Services.
      16. Jasa Jual Kembali Jasa Telekomunikasi.                  16. Telecommunication Service Resale Services.
      17. Aktivitas Pengembangan Aplikasi Perdagangan             17. Internet Commerce Application Development
          melalui Internet (E–commerce).                              Activities.
      18. Aktivitas Pemrograman Komputer Lainnya.                 18. Other Computer Programming Activities.
      19. Aktivitas Konsultasi dan Perancangan Internet of        19. Internet of Things (IoT) Consultation and Design
          Things (IoT).                                               Activities.
      20. Aktivitas Teknologi Informasi dan Jasa Komputer         20. Information Technology Activities and Other
          Lainnya.                                                    Computer Services.
      21. Aktivitas Pengolahan Data.                              21. Data Processing Activities.
      22. Aktivitas Hosting dan YBDI.                             22. Hosting and YBDI Activities.
      23. Portal Web dan/atau Platform Digital Tanpa Tujuan       23. Web Portal and/or Digital Platform without
          Komersial.                                                  Commercial Purposes.
      24. Portal Web dan/atau Platform Digital Dengan             24. Web Portal and/or Digital Platform with Commercial
          Tujuan Komersial.                                           Purposes.
      25. Real Estate Yang Dimiliki Sendiri atau Disewa.          25. Self–owned or leased Real Estate.

     Kegiatan Usaha Utama Perseroan yang telah                    The Company’s current core business activities include
     dijalankan saat ini adalah bergerak di bidang aktivitas      telecommunications activities by cable, internet service
     telekomunikasi dengan kabel, penyedia jasa internet,         provider, network access provider (NAP) and data
     jasa interkoneksi internet (NAP) dan data center. Untuk      center. To support the aforementioned core business
     menunjang kegiatan Usaha Utama Perseroan tersebut            activities, the Company may engage in supporting
     di atas, Perseroan dapat melakukan kegiatan usaha            business activities, namely Other Management


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                                                                                       Profil Perseroan
                                                                                       Company Profile




penunjang yaitu Aktivitas Konsultan Manajemen Lainnya            Consulting Activities and Call Center Activities, neither
dan Aktivitas Call Centre yang saat ini keduanya belum           of which is currently being conducted by the Company.
dijalankan oleh Perseroan.


                           Jenis Barang dan/atau Jasa yang Dihasilkan:
                             Types of Goods and/or Services Produced:


     Konektivitas | Connectivity


    Suatu layanan sewa kapasitas jaringan (sewa link) yang menghubungkan suatu node ke node tujuan lainnya.
    Hal ini dilakukan baik secara domestik maupun internasional. Layanan ini digunakan oleh perusahaan Telco, ISP,
    maupun pelanggan enterprise.

    A network capacity rental service (link rental) that connects one node to another. This service is provided both
    domestically and internationally. This service is used by Telco, ISP, and Enterprise Customers.

    Bentuk Layanan | Type of Services
    • International Private Leased Circuit (IPLC)
    • Domestic Leased Circuit (DLC)
    • Leased Core
    • Cross Connect (Fiber Optic & UTP)
    • VPN–IP/MPLS
    • Xpress Connect
    • Indonesia Research and Education Network (IDR EN) Connect




   Jasa Internet | Internet Services


    Suatu layanan koneksi dari pelanggan ke internet global melalui jalur konektivitas yang bersifat dedicated.
    Layanan ini telah dipergunakan oleh pelanggan ISP, pelanggan enterprise, serta yang bersifat broadband
    (burstable) untuk pelanggan enterprise dan retail.

    A connection service from customers to the global internet through dedicated connectivity lines. This service
    has been used by ISP customers, enterprise customers, as well as broadband (burstable) for enterprise and retail
    customers.

    Bentuk Layanan | Type of Services
    • Dedicated Internet Access (DIA Domectic, DIA International & DIA MIX)
    • IP Transit/SuperNET (SuperNET Domestic, SuperNET International & SuperNET MIX)
    • Moratelindo Network Interconnect & Content Autonomus (MONICA)
    • Oxygen.id Pro
    • Oxygen.id Biz
    • Oxygen.id Biz Startup
    • Oxygen.id HOME
    • Internet Exchange (Mora–IXP) bundling IP Transit
    • IP Public (Standard & Non–Standard)




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        Jasa Pusat Data (Data Center)
        Data Center Services Collocation

         Suatu layanan pusat data yang tersedia di 6 data center Moratelindo, meliputi 4 data center desain standar
         tingkat 2 di Medan, Palembang, Surabaya, Denpasar dan 2 data center desain standar tingkat 3 di Jakarta dan
         Batam. Perseroan menyewakan rack dan fasilitas lain di data center untuk memenuhi kebutuhan Perseroan
         telekomunikasi, ISP, maupun pelanggan enterprise.

         A data center service is available at 6 Moratelindo data centers, including 4 standard tier 2 design data centers
         in Medan, Palembang, Surabaya, Denpasar and 2 standard tier 3 design data centers in Jakarta and Batam. The
         company rents racks and other facilities in the data centers to meet the needs of telecommunications companies,
         ISPs, and enterprise customers.

         Bentuk Layanan|Type of Services
         •    Collocation
         •    Nusantara Data Center (NDC) Space
         •    Virtual Private Server (VPS)
         •    Hosting
         •    Domain




             Infrastruktur|Infrastructure


         Suatu layanan dengan memanfaatkan infrastruktur yang sudah dimiliki atau telah dibangun oleh Perseroan
         guna pemanfaatan oleh para pelanggan dengan skema penyewaan fasilitas infrastruktur. Hal ini dilakukan guna
         mendorong penghematan biaya investasi, serta waktu dalam penggunaan segala fasilitas infrastruktur.

         A service that utilizes infrastructure already owned or built by the Company for use by the customers through a
         rental scheme of infrastructure facility. This is done to encourage savings in investment costs and time in utilizing
         all infrastructure facilities.
         Bentuk Layanan|Type of Services
         • Ducting (Rent & Maintenance)
         • Rent Fiber Optic Pole




                Solusi Nilai Tambah
               Value Added Solutions

         Suatu layanan nilai tambah yang menjadi bagian dari keseluruhan solusi yang dipersiapkan oleh Perseroan bagi
         seluruh pelanggan.

         A value added solutions service that is part of the overall solution prepared by the Company for all customers.

         Bentuk Layanan|Type of Services
         •    IP Camera
         •    Telephony Line
         •    Oxygen TV (Rent STB)
         •    Hospitaly TV
         •    Oxygen Access Manager
         •    Managed Service
         •    Rent Access Point (ASUS or ARUBA)
         •    Software–Defined Wide Area Network (SDWAN HQ & Branch)
         •    Managed Wifi
         •    Cyber Security (XSECURE):
              - Anti Distributed Denial or Service (Anti–DdoS)
              - Extended Detection and Response (XDR)
              - Web Application Firewall (WAF)


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                                      Profil Perseroan
                                      Company Profile




Aktivitas pemasaran Oxygen.id
di berbagai acara.
Marketing activities of Oxygen.id
at various events.




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     Wilayah Operasional
     Operational Areas




      LEGEND




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  Profil Perseroan
  Company Profile




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              Struktur Organisasi
              Organization Structure




                                                                                                                                                                                      RUPS
                                                                                                                                                                                      GMS




                                                                                                                                                                                Direktur Utama &
                                                                                                                                                                                                *
                                                                                                                                                                                      CEO
                                                                                                                                                                                   Jimmy Kadir




                                                                                                                             H Unit Audit Internal
                                                                                                                                  Bernardus
                                                                                                                                Wenzel Gunardi




                                       CCO
                                                                                                                                                                                      Wakil     *
                                                                                      CSBO                                                                                       Direktur Utama
                                    Jimmy Kadir                                                                                                                                      & CFO
                                                                                  Resi Y. Bramani
                                       (act)                                                                                                                                     Genta Andhika P.




                       GH Retail                                                                                                                                         GH Procurement
          GH                                                                                 DH Strategic   DH Regulatory
                       Business       DH CEM                                                                                                                 GH             Logistic &       DH Corporate
     Commercials                                              GH HRGA                         Business &    & Goverment               DH Oracle          Finance &
                         Yance       Eva Mariany                                                                                                                            Contract            Finance
       Rizki T. H.                                                                              SITAC         Relation                                Billing Treasury
                       Arliansyah                            Hekal S. Yahya                                                          Harry K. (act)                       Management        Riana Susilowati
                                                                                             Ryandi Ardin     Bernard T.                                Evita Effendi
                                                                                                                                                                          John Budiman




              *Efektif sampai dengan 22 April 2026, berdasarkan Rapat Umum Pemegang Saham Luar Biasa (“RUPSLB”) terkait
              Penggabungan pada 26 Maret 2026 sebagaimana dinyatakan dalam Akta Berita Acara RUPSLB No. 68 tertanggal 26 Maret 2026.
              Effective until 22 April 2026, based on the Extraordinary General Meeting of Shareholders (“EGMS”) in relation to the merger held
              on March 26, 2026, as stated in Deed of Minutes of EGMS No. 68 dated March 26, 2026.

              **Efektif sampai dengan 23 April 2026, dengan merujuk pada Surat Perseroan No. 033/EMR/CORSEC/EXT/IV/2026
              tanggal 27 April 2026 perihal Keterbukaan Informasi terkait Perubahan Komite Audit Perseroan.
              Effective until April 23, 2026, with reference to the Company’s Letter No. 033/EMR/CORSEC/EXT/IV/2026 dated 27 April 2026
              regarding Information Disclosure on Changes to the Company’s Audit Committee.

              ***Efektif sampai dengan 23 April 2026, dengan merujuk pada Surat Perseroan No. 034/EMR/CORSEC/EXT/IV/2026
              tanggal 27 April 2026 perihal Keterbukaan Informasi terkait Perubahan Komite Nominasi dan Remunerasi Perseroan.
              Effective until April 23, 2026, with reference to the Company’s Letter No. 034/EMR/CORSEC/EXT/IV/2026 dated April 27, 2026
              regarding Information Disclosure on Changes to the Company’s Nomination and Remuneration Committee.




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                                                                                                                                                                    Profil Perseroan
                                                                                                                                                                    Company Profile




                                                          Dewan Komisaris
                                                       Board of Commissioners         *
                                           1. Indra Nathan Kusnadi – (Komisaris Utama/
                                                       President Commissioner)
                                                   2. Karim Panjaitan – (Komisaris/
                                                            Commissioner)
                                         3. Kanaka Puradiredja – (Komisaris Independen/
                                                    Independent Commissioner)




                          Komite Nominasi & Remunerasi ***
                     Nomination & Remuneration Committee
                                                                                   Komite Audit
                                                                                 Audit Committee           **
                     1. Kanaka Puradiredja (Ketua/Chairman)          1. Kanaka Puradiredja (Ketua/Chairman)
                  2. Indra Nathan Kusnadi (Anggota/Member)          2. Nenden Purwitasari (Anggota/Member)
                3. Hekal Syamsuddin Yahya (Anggota/Member)           3. Drs. Mulyadi, M.Sc (Anggota/Member)




GH Corporate Secretary &
    Corporate Legal
    Henry R. Rumopa




                                                                                                                             CTO                                                                CDTO
                                                                                                                       Michael C. McPhail                                                       Vacant




      DH                                                                                                             DH
  Accounting             DH                                             DH Project               GH NPE                                                             GH Service
                                           DH PMO                                                                Engineering         Deputy CTO      GH FOP                                   Deputy CDTO
     & Tax           Warehouse                                          Backbone                 Access                                                              Delivery
     Glory           Binsar (act)          Nofiyanto                     Fenny R.                Rosikin          Backbone            Sugiharto   Radiws Darwan                              Hasanudin Farid
                                                                                                                                                                    Jeffry Joris
  Simanjuntak                                                                                                   M. Hadi P. (act)




                                                                        DH Project                                                                                                                              GH Data
                                                                                                                                                                                                                              DH Quality
                                                                          Access                                                                                                    DH IT    DH Multimedia      Center
                                                                                                                                                                                                                             Management
                                                                           Arsita                                                                                                  M. Fuad   Nusufirmansyah    Hasanudin
                                                                         Sukendra                                                                                                                                               Pamir
                                                                                                                                                                                                               Farid (act)




                                                                         DH Project
                                                                           FTTH
                                                                          Rani W.




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     Keanggotaan Asosiasi
     Membership of the Association

     1. Asosiasi Emiten Indonesia (AEI)
     2. Asosiasi Penyelenggara Jaringan Telekomunikasi
        (APJATEL)
     3. Asosiasi Penyelenggara Jasa Internet Indonesia
        (APJII)
     4. Asosiasi Penyelenggara Sistem Komunikasi Kabel
        Laut Seluruh Indonesia (ASKALSI)
     5. Perhimpunan Filantropi Indonesia (PFI)
     6. Indonesian Corporate Secretary Association (ICSA)



     1. Indonesian Public Listed Companies Association (AEI)
     2. Telecommunications Network Operators Association
        (APJATEL)
     3. Association of Indonesian Internet Service Providers
        (APJII)
     4. Association of Indonesian Sea Cable Communication
        Systems (ASKALSI)
     5. Indonesian Pilanthropy Association (PFI)
     6. Indonesian Corporate Secretary Association (ICSA)




     Monitoring jaringan backbone milik Moratelindo.
     Monitoring the backbone network owned by Moratelindo.




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  Profil Perseroan
  Company Profile




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     Profil Direksi
     Profile of the Board of Directors




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                                                       Profil Perseroan
                                                       Company Profile




                      Genta Andhika Putra
                            Wakil Direktur Utama
                           Vice President Director




Jimmy Kadir
   Direktur Utama
 President Director




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                                                 Jimmy Kadir
                                                 Direktur Utama
                                                 President Director

                                                 Usia 47 tahun
                                                 47 years old

                                                 Warga Negara Indonesia
                                                 Indonesian Citizen




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                                                                                       Profil Perseroan
                                                                                       Company Profile


RIWAYAT PENDIDIKAN                                           EDUCATION HISTORY

1. Magister Manajemen (S2) dari Universitas Pancasila,       1. Master of Management (S2) from Pancasila University,
   Jakarta (2022)                                               Jakarta (2022)
2. Sarjana Ekonomi (S1) jurusan Akuntansi dari Universitas   2. Bachelor of Economics (S1) majoring in Accounting from
   Trisakti, Jakarta (2001)                                     Trisakti University, Jakarta (2001)

RIWAYAT JABATAN                                              PROFESSIONAL HISTORY

Dasar Pengangkatan                                           Basis of Appointment

Pertama kali diangkat sebagai Direktur Perseroan             First appointed as Director of the Company based on
berdasarkan Akta No. 08 tertanggal 15 April 2016 dan saat    Deed No. 08 dated April 15, 2016, and currently serves as
ini Beliau menjabat sebagai Direktur Utama Perseroan         President Director of the Company based on the results
berdasarkan hasil Keputusan Rapat Umum Pemegang              of the Decision of the Extraordinary General Meeting of
Saham Luar Biasa tertanggal 14 Maret 2023 sebagaimana        Shareholders dated March 14, 2023, as notarized in Deed
telah diaktakan dalam Akta No.58 tanggal 14 Maret 2023.      No. 58 dated March 14, 2023.

Keterangan Rangkap Jabatan                                   Concurrent Positions

Direktur PT Indo Pratama Teleglobal, PT Kreasi Teknologi     Director of PT Indo Pratama Teleglobal, PT Kreasi Teknologi
Solusindo, Komisaris Utama PT Palapa Ring Barat, Direktur    Solusindo, President Commissioner of PT Palapa Ring Barat,
Utama PT Oxygen Infrastruktur Indonesia, PT Oxygen           President Director of PT Oxygen Infrastruktur Indonesia,
Multimedia Indonesia dan Komisaris PT Inovasi Mitra          PT Oxygen Multimedia Indonesia and Commissioner of PT
Sejahtera.                                                   Inovasi Mitra Sejahtera.

Pengalaman Kerja                                             Work Experience

1.   2023–Sekarang: Direktur Utama–PT Mora Telematika        1.    22023–Present: President Director–PT Mora Telematika
     Indonesia Tbk                                                 Indonesia Tbk
2.   2024–Sekarang: Direktur–PT Indo Pratama Teleglobal      2.    2024–Present: Director–PT Indo Pratama Teleglobal
3.   2023–Sekarang: Komisaris Utama–PT Palapa Ring Barat     3.    2023–Present: President Commissioner–PT Palapa Ring
                                                                   Barat
4.  2023–Sekarang: Direktur Utama–PT Oxygen                  4.    2023–Present: President Director–PT Oxygen Infrastruktur
    Infrastruktur Indonesia                                        Indonesia
5. 2023–Sekarang: Direktur Utama–PT Oxygen Multimedia        5.    2023–Present: President Director–PT Oxygen Multimedia
    Indonesia                                                      Indonesia
6. 2022–Sekarang: Komisaris–PT Inovasi Mitra Sejahtera       6.    2022–Present: Commissioner–PT Inovasi Mitra Sejahtera
7. 2016–Sekarang: Direktur–PT Kreasi Teknologi Solusindo     7.    2016–Present: Director–PT Kreasi Teknologi Solusindo
8. 2021–2024: Direktur Utama–PT Indo Pratama Teleglobal      8.    2021–2024: President Director–PT Indo Pratama Teleglobal
9. 2018–2023: Wakil Direktur Utama–PT Mora Telematika        9.    2018–2023: Vice President Director–PT Mora Telematika
    Indonesia Tbk                                                  Indonesia Tbk
10. 2018–2023: Wakil Direktur Utama–PT Oxygen                10.   2018–2023: Vice President Director–PT Oxygen
    Multimedia Indonesia                                           Multimedia Indonesia
11. 2018–2023: Wakil Direktur Utama–PT Oxygen                11.   2018–2023: Vice President Director–PT Oxygen
    Infrastruktur Indonesia                                        Infrastruktur Indonesia
12. 2017–2025: Direktur–PT Candrakarya Multikreasi           12.   2017–2025: Director–PT Candrakarya Multikreasi
13. 2017–2025: Direktur–PT Tunas Citra Persada               13.   2017–2025: Director–PT Tunas Citra Persada
14. 2016–2018: Direktur PT Mora Telematika Indonesia         14.   2016–2018: Director–PT Mora Telematika Indonesia
15. 2016–2023: Wakil Direktur Utama–PT Palapa Ring Barat     15.   2016–2023: Vice President Director–PT Palapa Ring Barat
16. 2016–2023: Direktur–PT Palapa Timur Telematika           16.   2016–2023: Director–PT Palapa Timur Telematika
17. 2015–2016: Komisaris Utama–PT Mora Telematika            17.   2015–2016: President Commissioner–PT Mora Telematika
    Indonesia Tbk                                                  Indonesia Tbk
18. 2014–2015: Direktur Independen–PT Inti Bangun            18.   2014–2015: Independent Director–PT Inti Bangun Sejahtera
    Sejahtera Tbk                                                  Tbk
19. 2013–2014: Senior Manager–Kantor Akuntan Publik AK       19.   2013–2014: Senior Manager–AK Rahman Public
    Rahman                                                         Accounting Firm
20. 2010–2013: Accounting Consolidation Manager–PT           20.   2010–2013: Accounting Consolidation Manager–PT ABM
    ABM Investama Tbk                                              Investama Tbk
21. 2009–2010: Accounting Manager–PT Gemala Kempa            21.   2009–2010: Accounting Manager–PT Gemala Kempa Daya
    Daya
22. 2008–2009: Assistant of Internal Audit Manager–PT        22. 2008–2009: Assistant of Internal Audit Audit Manager–PT
    Astra Otoparts Tbk                                           Astra Otoparts Tbk
23. 2004–2008: Assistant of Accounting Manager–PT Astra      23. 2004–2008: Assistant Accounting Manager–PT Astra
    Otoparts Tbk                                                 Otoparts Tbk
24. 2003–2004: Head of Accounting Division–PT Astra          24. 2003–2004: Head of Accounting Division–PT Astra
    Otoparts Tbk                                                 Otoparts Tbk
25. 2002–2003: Accounting Staff–PT Astra Komponen            25. 2002–2003: Accounting Staff–PT Astra Komponen
    Indonesia                                                    Indonesia

Hubungan Afiliasi                                            Affiliation

Tidak memiliki hubungan afiliasi dengan anggota Direksi      Has no affiliation with other members of the Board of
lainnya, anggota Dewan Komisaris, pemegang saham             Directors, members of the Board of Commissioners, major
utama, dan pengendali baik langsung maupun tidak             shareholders, and controlling    shareholders,
                                                                                      Annual Report          eitherTahunan
                                                                                                    2025 | Laporan  directly2025
                                                                                                                             or
langsung sampai dengan pemilik individu.                     indirectly, up to the ultimate individual
                                                                                               PT Mora owner.
                                                                                                       Telematika Indonesia Tbk    73
Page 74
                                                 Genta Andhika Putra
                                                 Wakil Direktur Utama
                                                 Vice President Director

                                                 Usia 41 tahun
                                                 41 years old

                                                 Warga Negara Indonesia
                                                 Indonesian Citizen




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                                                                                      Profil Perseroan
                                                                                      Company Profile




RIWAYAT PENDIDIKAN                                           EDUCATION HISTORY

1. Magister Manajemen (S2) dari Universitas Pancasila,       1. Master of Management (S2) from Pancasila University,
   Jakarta (2022)                                               Jakarta (2022)
2. Sarjana Ekonomi (S1) dari STIE Perbanas, Jakarta (2007)   2. Bachelor of Economics (S1) from STIE Perbanas, Jakarta
                                                                (2007)

RIWAYAT JABATAN                                              PROFESSIONAL HISTORY

Dasar Pengangkatan                                           Basis of Appointment

Pertama kali diangkat sebagai Wakil Direktur Utama           First appointed as Vice President Director of the Company
Perseroan berdasarkan hasil Keputusan Rapat Umum             based on the results of the Decision of the Extraordinary
Pemegang Saham Luar Biasa tertanggal 14 Maret 2023           General Meeting of Shareholders dated March 14, 2023, as
sebagaimana telah diaktakan dalam Akta No.58 tanggal 14      notarized in Deed No. 58 dated March 14, 2023.
Maret 2023.

Keterangan Rangkap Jabatan                                   Concurrent Positions

Selain menjabat sebagai Wakil Direktur Utama Perseroan,      In addition to serving as Vice President Director of the
beliau juga menjabat sebagai Direktur PT Palapa Timur        Company, he also serves as Director of PT Palapa Timur
Telematika, Wakil Direktur Utama di PT Palapa Ring           Telematika, Vice President Director at PT Palapa Ring
Barat, PT Oxygen Infrastruktur Indonesia dan PT Oxygen       Barat, PT Oxygen Infrastruktur Indonesia and PT Oxygen
Multimedia Indonesia.                                        Multimedia Indonesia.

Pengalaman Kerja                                             Work Experience

1.  2023–sekarang: Wakil Direktur Utama–PT Mora              1.  2023–present: Vice President Director–PT Mora
    Telematika Indonesia Tbk                                     Telematika Indonesia Tbk
2. 2023–sekarang: Wakil Direktur Utama–PT Palapa Ring        2. 2023–present: Vice President Director–PT Palapa Ring
    Barat                                                        Barat
3. 2023–sekarang: Direktur–PT Palapa Timur Telematika        3. 2023–present: Director–PT Palapa Timur Telematika
4. 2023–sekarang: Wakil Direktur Utama–PT Oxygen             4. 2023–present: Vice President Director–PT Oxygen
    Infrastruktur Indonesia                                      Infrastruktur Indonesia
5. 2023–sekarang: Wakil Direktur Utama–PT Oxygen             5. 2023–present: Vice President Director–PT Oxygen
    Multimedia Indonesia                                         Multimedia Indonesia
6. 2022–2023: Vice President of Corporate Finance,           6. 2022–2023: Vice President of Corporate Finance,
    Accounting, Tax & Warehouse–PT Mora Telematika               Accounting, Tax & Warehouse–PT Mora Telematika
    Indonesia Tbk                                                Indonesia Tbk
7. 2017–2022: Corporate Finance, Accounting, Tax &           7. 2017–2022: Corporate Finance, Accounting, Tax &
    Warehouse General Manager–PT Mora Telematika                 Warehouse General Manager–PT Mora Telematika
    Indonesia Tbk                                                Indonesia Tbk
8. 2016–2017: Accounting, Tax, Business Analyst, &           8. 2016–2017: Accounting, Tax, Business Analyst, &
    Warehouse General Manager–PT Mora Telematika                 Warehouse General Manager–PT Mora Telematika
    Indonesia Tbk                                                Indonesia Tbk
9. 2015–2016: Accounting, Tax, billing & Warehouse           9. 2015–2016: Accounting, Tax, Billing & Warehouse
    Manager–PT Mora Telematika Indonesia Tbk                     Manager–PT Mora Telematika Indonesia Tbk
10. 2013–2015: Accounting & Tax Manager–PT Mora              10. 2013–2015: Accounting & Tax Manager–PT Mora
    Telematika Indonesia Tbk                                     Telematika Indonesia Tbk
11. 2009–2013: Supervisor–Mulyamin, Sensi, Suryanto &        11. 2009–2013: Supervisor–Mulyamin, Sensi, Suryanto &
    Lianny (Certified Public Accountant) Moore Stephens          Lianny (Certified Public Accountant) Moore Stephens
12. 2008–2009: Junior Auditor–Husni, Mucharam & Rasidi       12. 2008–2009: Junior Auditor–Husni, Mucharam & Rasidi
    (Certified Public Accountant)                                (Certified Public Accountant)

Hubungan Afiliasi                                            Affiliation

Tidak memiliki hubungan afiliasi dengan anggota Direksi      Has no affiliation with other members of the Board of
lainnya, anggota Dewan Komisaris, pemegang saham             Directors, members of the Board of Commissioners, major
utama, dan pengendali baik langsung maupun tidak             shareholders, and controlling shareholders, either directly or
langsung sampai dengan pemilik individu.                     indirectly, up to the ultimate individual owner.




                                                                                    Annual Report 2025 | Laporan Tahunan 2025
                                                                                            PT Mora Telematika Indonesia Tbk    75
Page 76
     Perubahan Komposisi                                     Changes in the Board
     Anggota Direksi                                         of Directors Composition

     Selama tahun 2025, tidak terdapat perubahan komposisi   In 2025, there were no changes in the composition of the
     anggota Direksi.                                        Board of Directors.




     Menerima penghargaan 6th Anniversary Indonesia
     Best 50 CEO Awards 2025 dari The Iconomics.
     Received the 6th Anniversary Indonesia
     Best 50 CEO Awards 2025 from The Iconomics.




     Annual Report 2025 | Laporan Tahunan 2025
76   PT Mora Telematika Indonesia Tbk
Page 77
  Profil Perseroan
  Company Profile




Annual Report 2025 | Laporan Tahunan 2025
        PT Mora Telematika Indonesia Tbk    77
Page 78
     Profil Dewan Komisaris
     Profile of the Board of Commissioners




     Annual Report 2025 | Laporan Tahunan 2025
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Page 79
                                                       Profil Perseroan
                                                       Company Profile




                                Indra Nathan
                                     Kusnadi
                                   Komisaris Utama
                            President Commissioner




           Kanaka
        Puradiredja                                                           Karim
     Komisaris Independen
Independent Commissioner                                                      Panjaitan
                                                                              Komisaris
                                                                              Commissioner




                                                     Annual Report 2025 | Laporan Tahunan 2025
                                                             PT Mora Telematika Indonesia Tbk    79
Page 80
     Indra Nathan Kusnadi
     Komisaris Utama
     President Commissioner

     Usia 49 tahun
     49 years old

     Warga Negara Indonesia
     Indonesian Citizen




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                                                                                      Profil Perseroan
                                                                                      Company Profile




RIWAYAT PENDIDIKAN                                          EDUCATION BACKGROUND

1. Magister Hukum (S2) jurusan Hukum Bisnis dari            1. Master of Laws (S2) majoring in Business Law from the
   Universitas Indonesia, Depok (2012).                        University of Indonesia, Depok (2012).
2. Sarjana Hukum (S1) jurusan Litigasi Hukum dan Hukum      2. Bachelor of Laws (S1) majoring in Legal Litigation and
   Bisnis dari Universitas Trisakti, Jakarta (1999).           Business Law from Trisakti University, Jakarta (1999).

RIWAYAT JABATAN                                             PROFESSIONAL HISTORY

Dasar Pengangkatan                                          Basis of Appointment

Pertama kali diangkat sebagai anggota Dewan Komisaris       First appointed as a member of the Company’s Board of
Perseroan berdasarkan Akta Notaris No. 8 tanggal 15 April   Commissioners based on Notarial Deed No. 8 dated April
2016 dan saat ini menjabat sebagai Komisaris Utama          15, 2016, and currently serves as the Company’s President
Perseroan berdasarkan Pernyataan Keputusan Pemegang         Commissioner based on the Shareholders’ Decree dated
Saham tertanggal 17 Maret 2022 sebagaimana telah            March 17, 2022, as notarized in Deed No. 34 dated March
diaktakan dalam Akta No.34 tanggal 17 Maret 2022.           17, 2022.

Keterangan Rangkap Jabatan                                  Concurrent Positions

Menjabat sebagai Anggota Komite Nominasi dan                Serving as a member of the Nomination and Remuneration
Remunerasi di Perseroan. Selain itu Beliau juga menjabat    Committee at the Company, and also serves as an
sebagai Equity Partner Adnan Buyung Nasution & Partners,    Equity Partner at Adnan Buyung Nasution & Partners, a
Komisaris PT Candrakarya Multikreasi, PT Palapa Ring        Commissioner at PT Candrakarya Multikreasi, PT Palapa
Barat, Komisaris Utama PT Oxygen Infrastruktur Indonesia    Ring Barat, and President Commissioner at PT Oxygen
dan PT Oxygen Multimedia Indonesia.                         Infrastruktur Indonesia and PT Oxygen Multimedia
                                                            Indonesia.

Pengalaman Kerja                                            Work Experience

1. 2016–Sekarang: Komisaris Utama–PT Mora Telematika        1. 2016–Present: President Commissioner–PT Mora Telematika
    Indonesia Tbk                                               Indonesia Tbk
2. 2017–Sekarang: Anggota Komite Nominasi dan               2. 2017–Present: Member of the Nomination and Remuneration
    Remunerasi–PT Mora Telematika Indonesia Tbk                 Committee–PT Mora Telematika Indonesia Tbk
3. 2017–Sekarang: Komisaris Utama–PT Oxygen                 3. 2017–Present: President Commissioner–PT Oxygen
    Multimedia Indonesia                                        Multimedia Indonesia
4. 2016–Sekarang: Komisaris–PT Palapa Ring Barat            4. 2016–Present: Commissioner–PT Palapa Ring Barat
5. 2016–Sekarang: Komisaris Utama–PT Oxygen                 5. 2016–Present: President Commissioner–PT Oxygen
    Infrastruktur Indonesia                                     Infrastruktur Indonesia
6. 2015–Sekarang: Equity Partner–Adnan Buyung Nasution      6. 2015–Present: Equity Partner–Adnan Buyung Nasution &
    & Partners                                                  Partners
7. 2016–2025: Komisaris–PT Candrakarya Multikreasi          7. 2016–2025: Commissioner–PT Candrakarya Multikreasi
8. 2013–2022: Anggota Komite Audit–PT Bali Towerindo        8. 2013–2022: Member of the Audit Committee–PT Bali
    Sentra Tbk                                                  Towerindo Sentra Tbk
9. 2014–2015: Associate (Partner)–Adnan Buyung Nasution     9. 2014–2015: Associate (Partner)–Adnan Buyung Nasution &
    & Partners                                                  Partners
10. 2008–2013: Senior Lawyer–Adnan Buyung Nasution &        10. 2008–2013: Senior Lawyer–Adnan Buyung Nasution &
    Partners                                                    Partners
11. 2004–2008: Lawyer–Adnan Buyung Nasution & Partners      11. 2004–2008: Lawyer–Adnan Buyung Nasution & Partners
12. 1999–2004: Lawyer–Kusnandar & Co.                       12. 1999–2004: Lawyer–Kusnandar & Co.
13. 1998–1999: Paralegal–Albert Hasibuan & Rekan            13. 1998–1999: Paralegal–Albert Hasibuan & Partners

Hubungan Afiliasi                                           Affiliation

Tidak memiliki hubungan afiliasi dengan anggota Dewan       Has no affiliation with other members of the Board of
Komisaris lainnya, pemegang saham utama, dan pengendali     Commissioners, major shareholders, and controlling
baik langsung maupun tidak langsung sampai dengan           shareholders, either directly or indirectly, up to the ultimate
pemilik individu.                                           individual owner.




                                                                                   Annual Report 2025 | Laporan Tahunan 2025
                                                                                           PT Mora Telematika Indonesia Tbk    81
Page 82
     Karim Panjaitan
     Komisaris
     Commissioner

     Usia 69 tahun
     69 years old

     Warga Negara Indonesia
     Indonesian Citizen




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                                                                                      Profil Perseroan
                                                                                      Company Profile




RIWAYAT PENDIDIKAN                                           EDUCATION BACKGROUND

1. Magister Manajemen (S2) dari Sekolah Tinggi               1. Master of Management (S2) from Labora Management
   Manajemen Labora, Jakarta (2005).                            College, Jakarta (2005).
2. Sarjana Ekonomi (S1) dari Universitas Wiraswasta          2. Bachelor of Economics (S1) from Wiraswasta Indonesia
   Indonesia, Jakarta (1989).                                   University, Jakarta (1989).

RIWAYAT JABATAN                                              PROFESSIONAL HISTORY

Dasar Pengangkatan                                           Basis of Appointment

Pertama kali diangkat sebagai anggota Dewan Komisaris        First appointed as a member of the Company’s Board of
Perseroan berdasarkan Akta Notaris No. 03 tanggal 10 April   Commissioners based on Notarial Deed No. 03 dated April
2015 dan saat ini menjabat sebagai Komisaris Perseroan       10, 2015, and currently serves as a Commissioner of the
berdasarkan Pernyataan Keputusan Pemegang Saham              Company based on the Shareholders’ Decision Statement
tertanggal 17 Maret 2022 sebagaimana telah diaktakan         dated March 17, 2022, as notarized in Deed No. 34 dated
dalam Akta No.34 tanggal 17 Maret 2022.                      March 17, 2022.

Keterangan Rangkap Jabatan                                   Concurrent Positions

Menjabat sebagai Komisaris PT Oxygen Multimedia              Serves as Commissioner of PT Oxygen Multimedia
Indonesia, PT Oxygen Infrastruktur Indonesia dan PT Global   Indonesia, PT Oxygen Infrastruktur Indonesia and PT Global
Visi Vindici, serta Direktur PT Petro Niaga Sukses.          Visi Vindici, as well as Director of PT Petro Niaga Sukses.

Pengalaman Kerja                                             Work Experience

1. 2015–Sekarang: Komisaris–PT Mora Telematika               1. 2015–Present: Commissioner–PT Mora Telematika Indonesia
   Indonesia Tbk                                                Tbk
2. 2020–Sekarang: Komisaris–PT Global Visi Vindici           2. 2020–Present: Commissioner–PT Global Visi Vindici
3. 2020–Sekarang: Direktur–PT Petro Niaga Sukses             3. 2020–Present: Director–PT Petro Niaga Sukses
4. 2016–Sekarang: Komisaris–PT Oxygen Infrastruktur          4. 2016–Present: Commissioner–PT Oxygen Infrastruktur
   Indonesia                                                    Indonesia
5. 2015–Sekarang: Komisarisv–PT Oxygen Multimedia            5. 2015–Present: Commissioner–PT Oxygen Multimedia
   Indonesia                                                    Indonesia
6. 2011–2013: Head of Sub Directorate of Universal Postal    6. 2011–2013: Head of Sub–Directorate of Universal
   Service pada Ditjen Postel–Kominfo                           Postal Service at the Directorate General of Post and
                                                                Telecommunications–Ministry of Communication and
                                                                Informatics
7. 2008–2011: Head of Sub Directorate of Universal Tariffs   7. 2008–2011: Head of Sub–Directorate of Universal Tariffs
   and Obligations pada Ditjen Postel–Kominfo                   and Obligations at the Directorate General of Post and
                                                                Telecommunications–Ministry of Communication and
                                                                Informatics
8. 2002–2008: Head of Sub Directorate of                     8. 2002–2008: Head of Sub–Directorate of Telecommunication
   Telecommunication Rates pada Ditjen Postel–Kominfo           Rates at the Directorate General of Post and
                                                                Telecommunications–Ministry of Communication and
                                                                Informatics
9. 1992–2001: Section Chief of Telecommunication Rates       9. 1992–2001: Section Chief of Telecommunication Rates at
   pada Ditjen Postel–Kementerian Perhubungan                   the Directorate General of Post and Telecommunications–
                                                                Ministry of Transportation

Hubungan Afiliasi                                            Affiliation

Tidak memiliki hubungan afiliasi dengan anggota Dewan        Has no affiliation with other members of the Board of
Komisaris lainnya, pemegang saham utama, dan pengendali      Commissioners, major shareholders, and controlling
baik langsung maupun tidak langsung sampai dengan            shareholders, either directly or indirectly, up to the ultimate
pemilik individu.                                            individual owner.




                                                                                    Annual Report 2025 | Laporan Tahunan 2025
                                                                                            PT Mora Telematika Indonesia Tbk    83
Page 84
                                                 Kanaka Puradiredja
                                                       Komisaris Independen
                                                  Independent Commissioner

                                                               Usia 81 tahun
                                                                81 years old

                                                    Warga Negara Indonesia
                                                          Indonesian Citizen




     Annual Report 2025 | Laporan Tahunan 2025
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Page 85
                                                                                      Profil Perseroan
                                                                                      Company Profile




RIWAYAT PENDIDIKAN                                          EDUCATION BACKGROUND

Sarjana Ekonomi (S1) jurusan Akuntansi dari Universitas     Bachelor of Economics (S1) majoring in Accounting from
Padjajaran, Bandung (1971).                                 Padjajaran University, Bandung (1971).

RIWAYAT JABATAN                                             PROFESSIONAL HISTORY

Dasar Pengangkatan                                          Basis of Appointment

Dasar Hukum:                                                Legal Basis:
Diangkat pertama kali menjadi anggota Dewan Komisaris       First appointed as a member of the Company’s Board
Perseroan berdasarkan Akta Notaris No. 37 tanggal 18        of Commissioners based on Notarial Deed No. 37 dated
Oktober 2017 dan saat ini menjabat sebagai Komisaris        October 18, 2017, and currently serves as an Independent
Independen Perseroan berdasarkan Pernyataan Keputusan       Commissioner of the Company based on the Shareholders’
Pemegang Saham tertanggal 17 Maret 2022 sebagaimana         Resolution Statement dated March 17, 2022, as notarized in
telah diaktakan dalam Akta No.34 tanggal 17 Maret 2022.     Deed No. 34 dated March 17, 2022.

Keterangan Rangkap Jabatan                                  Concurrent Positions

Saat ini menjabat sebagai Ketua Komite Audit, Ketua         Currently serving as Chairman of the Audit Committee and
Komite Nominasi dan Remunerasi di Perseroan. Selain itu     Chairman of the Nomination and Remuneration Committee
beliau juga menjabat sebagai Anggota Dewan Kehormatan       of the Company. He also serves as a Member of the
Professionals in Risk Management Association (PRIMA),       Honorary Board of the Professionals in Risk Management
Ketua Lembaga Komisaris dan Direksi Indonesia (LKDI),       Association (PRIMA), Chairman of the Indonesian Institute
Ketua Dewan Sertifikasi Ikatan Komite Audit Indonesia       of Commissioners and Directors (LKDI), Chairman of the
(IKAI) dan Anggota Dewan Pakar Komite Nasional Kebijakan    Certification Board of the Indonesian Audit Committee
Governansi Indonesia.                                       Association (IKAI), and a Member of the Expert Council of
                                                            the Indonesian National Committee on Governance Policy.

Pengalaman Kerja                                            Work Experience

1. 2017–Sekarang: Komisaris Independen–PT Mora              1. 2017–Present: Independent Commissioner–PT Mora
    Telematika Indonesia Tbk                                    Telematika Indonesia Tbk
2. 2021–Sekarang: Anggota Dewan Pakar Komite Nasional       2. 2021–Present: Member of the Expert Council of the
    Kebijakan Governansi Indonesia                              Indonesian National Committee on Governance Policy
3. 2016–Sekarang: Ketua Dewan Sertifikasi Ikatan Komite     3. 2016–Present: Chairman of the Certification Board of the
    Audit Indonesia (IKAI)                                      Indonesian Audit Committee Association (IKAI)
4. 2013–Sekarang: Ketua Lembaga Komisaris dan Direksi       4. 2013–Present: Chairman of the Indonesian Institute of
    Indonesia (LKDI)                                            Commissioners and Directors (LKDI)
5. 2017–Sekarang: Anggota Dewan Kehormatan                  5. 2017–Present: Member of the Honorary Board of the
    Professionals in Risk Management Association (PRIMA)        Professionals in Risk Management Association (PRIMA)
6. 2020–2024: Komisaris Independen–PT Inti Bangun           6. 2020–2024: Independent Commissioner–PT Inti Bangun
    Sejahtera Tbk                                               Sejahtera Tbk
7. 2017–2019: Ketua Tim Perumus Kebijakan Korporat          7. 2017–2019: Chair of the Indonesian National Corporate
    Governance Nasional Indonesia                               Governance Policy Formulation Team
8. 2016–2019: Anggota Komite Nasional Kebijakan             8. 2016–2019: Member of the Indonesian National Committee
    Governance Indonesia–Sektor                                 on Governance Policy–Sector
9. 2010–2016: Ketua Dewan Kehormatan Ikatan Komite          9. 2010–2016: Chairman of the Honorary Council of the
    Audit Indonesia                                             Indonesian Audit Committee Association
10. 2005–2009: Anggota Dewan Pengawas Badan                 10. 2005–2009: Member of the Supervisory Board of the Aceh
    Rehabilitasi dan Rekonstruksi Aceh dan Nias                 and Nias Rehabilitation and Reconstruction Agency
11. 2004–2010: Ketua Dewan Pengurus Ikatan Komite Audit     11. 2004–2010: Chairman of the Board of Directors of the
    Indonesia                                                   Indonesian Audit Committee Association
12. 2004–2005: Anggota Dewan Pengurus Transparansi          12. 2004–2005: Member of the Board of Directors of
    Internasional Indonesia                                     Transparency International Indonesia
13. 2002–2010: Ketua Majelis Kehormatan Ikatan Akuntan      13. 2002–2010: Chairman of the Honorary Council of the
    Indonesia                                                   Indonesian Institute of Accountants
14. 2000–2007: Pendiri dan Senior Partner–Kantor Akuntan    14. 2000–2007: Founder and Senior Partner–Public Accounting
    Publik Kanaka Puradiredja, Suhartono                        Firm Kanaka Puradiredja, Suhartono
15. 1978–1999: Salah satu Pendiri dan salah satu Pimpinan   15. 1978–1999: Co–Founder and Co–Chairman of KPMG
    KPMG Indonesia, Jabatan terakhir Chairman                   Indonesia, Last position Chairman
16. 1975–1977: Auditor dan mendapat pelatihan di Peat       16. 1975–1977: Auditor and trained at Peat Marwick Mitchell
    Marwick Mitchell International–Melbourne, Australia         International, Melbourne, Australia
17. 1971–1974: Auditor–Direktorat Jenderal Pengawasan       17. 1971–1974: Auditor–Directorate General of State Financial
    Keuangan Negara, Departemen Keuangan                        Supervision, Ministry of Finance

Hubungan Afiliasi                                           Affiliation

Tidak memiliki hubungan afiliasi dengan anggota Dewan       Has no affiliation with other members of the Board of
Komisaris lainnya, pemegang saham utama, dan pengendali     Commissioners, major shareholders, and controlling
baik langsung maupun tidak langsung sampai dengan           shareholders, either directly or indirectly, up to the ultimate
pemilik individu.                                           individual owner.
                                                                                   Annual Report 2025 | Laporan Tahunan 2025
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Page 86
     Pernyataan Independensi                                                Independent Commissioner
     Komisaris Independen                                                   Independence Statement

     Komisaris Independen Perseroan telah menandatangani                    The Company’s Independent Commissioners have
     Surat Pernyataan Independensi yang menyatakan                          signed a Statement of Independence, stating that they
     bahwa Komisaris Independen senantiasa bersikap                         will consistently act independently and professionally in
     independen dan profesional dalam menjalankan fungsi                    carrying out their functions and duties. This statement
     dan tugasnya. Pernyataan ini diberikan dan diperbaharui                is provided and updated by the Company’s Independent
     oleh Komisaris Independen Perseroan dari tahun ke                      Commissioners annually, most recently in the Statement
     tahun, yang mana terakhir kali pernyataan tersebut                     of Independence dated January 3, 2025.
     dinyatakan dalam Surat Pernyataan Independensi
     tertanggal 3 Januari 2025.

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

     Selama tahun 2025, tidak terdapat perubahan komposisi                  There were no changes to the composition of the Board
     Dewan Komisaris.                                                       of Commissioners during 2025.




     Menerima penghargaan TOP Digital Implementation 2025 – Level Stars 4
     dan TOP CIO on Digital Implementation 2025 dari ITWorks
     Received the TOP Digital Implementation 2025 – 4 Stars Level
     and TOP CIO on Digital Implementation 2025 awards from ITWorks


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                                                                                 Profil Perseroan
                                                                                 Company Profile




         Perubahan Susunan Anggota Dewan Komisaris
          dan/atau Anggota Direksi yang Terjadi Setelah
       Tahun Buku Berakhir Sampai dengan Batas Waktu
                       Penyampaian Laporan Tahunan
      Changes in the Composition of the Members of the Board of
     Commissioners and/or the Members of the Board of Directors
    Occurring After the End of the Financial Year up to the Deadline
                           for the Submission of the Annual Report
Berikut susunan anggota Dewan Komisaris dan Direksi        The following is the composition of the members of
Perseroan untuk tahun buku 2025:                           the Company’s Board of Commissioners and Board of
                                                           Directors for the 2025 financial year:


                                     Komisaris Utama/President Commissioner: Indra Nathan Kusnadi
         Dewan Komisaris
                                     Komisaris/Commissioner: Karim Panjaitan
      Board of Commissioners
                                     Komisaris Independen/Independent Commissioner: Kanaka Puradiredja

              Direksi                Direktur Utama/President Director: Jimmy Kadir
         Board of Directors          Wakil Direktur Utama/Vice President Director: Genta Andhika Putra



Sebagaimana dijelaskan pada halaman 141 pada               As explained on page 141 of the Material Information
Informasi Material mengenai Penggabungan Usaha,            regarding the Merger, there has been a change in the
terdapat perubahan susunan anggota Dewan Komisaris         composition of the members of the Company’s Board of
dan Direksi Perseroan sebagai akibat dari Penggabungan     Commissioners and Board of Directors as a result of the
yang berlaku sejak Tanggal Efektif Penggabungan.           Merger, effective as of the Merger’s Effective Date.

Perubahan susunan anggota Dewan Komisaris dan              The change in the composition of the members of the
Direksi Perseroan tersebut telah mendapat persetujuan      Company’s Board of Commissioners and Board of Directors
pemegang saham Perseroan dalam Rapat Umum                  has been approved by the Company’s shareholders at the
Pemegang Saham Luar Biasa tanggal 26 Maret 2026,           Extraordinary General Meeting of Shareholders held on
sehingga efektif sejak 22 April 2026 susunan anggota       March 26, 2026. Accordingly, effective from April 22, 2026,
Dewan Komisaris dan Direksi Perseroan menjadi sebagai      the composition of the members of the Company’s Board of
berikut:                                                   Commissioners and Board of Directors is as follows:


                                             Komisaris Utama & Komisaris Independen/President Commissioner &
             Dewan Komisaris                 Independent Commissioner: M. Arsjad Rasjid P.M.
          Board of Commissioners             Komisaris/Commissioner: Marlo Budiman
                                             Komisaris/Commissioner: Handhianto S. Kentjono

                                             Direktur Utama/President Director: Timotius M. Sulaiman
                                             Direktur/Director: Yopie Widjaja
                                             Direktur/Director: Hendra Gunawan
                                             Direktur/Director: Edward Sanusi
                                             Direktur/Director: Iman Syahrizal
                  Direksi
                                             Direktur/Director: Melanie Dwita Maharani
             Board of Directors
                                             Direktur/Director: Edward Anwar
                                             Direktur/Director: Jimmy Kadir
                                             Direktur/Director: Genta Andhika Putra
                                             Direktur/Director: Michael C. McPhail
                                             Direktur/Director: Resi Y. Bramani




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Page 88
     Profil Pejabat Eksekutif
     Profile of Executive Officers




     Michael C. McPhail
     Chief Technology Officer (CTO)


     Usia 52 tahun
     52 years old

     Warga Negara Inggris
     British Citizen




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                                                                                    Profil Perseroan
                                                                                    Company Profile




RIWAYAT PENDIDIKAN                                           EDUCATION HISTORY

Master of Engineering (S2) jurusan Teknik Sipil with merit   Master of Engineering (S2) majoring in Civil Engineering
dari Heriot–Watt University, Edinburgh (1996).               with merit from Heriot–Watt University, Edinburgh (1996).

RIWAYAT JABATAN                                              PROFESSIONAL BACKGROUND

Beliau bergabung menjadi Chief Technology Officer di         Joined the Company as the Chief Technology Officer on
Perseroan sejak 4 Januari 2016.                              January 4, 2016.

Pengalaman Kerja                                             Work Experience

1. 2016–Sekarang: Chief Technology Officer–PT Mora           1. 2016–Present: Chief Technology Officer–PT Mora Telematika
   Telematika Indonesia Tbk                                     Indonesia Tbk
2. 2014–2015: SVP Demand Management & Technology             2. 2014–2015: SVP Demand Management & Technology
   Strategy–PT XL Axiata Tbk                                    Strategy–PT XL Axiata Tbk
3. 2011–2013: Chief Technology Officer–PT Axis Telekom       3. 2011–2013: Chief Technology Officer–PT Axis Telekom
   Indonesia                                                    Indonesia




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     Resi Y. Bramani
     Chief Strategic Business Officer
     (CSBO)

     Usia 47 tahun
     47 years old

     Warga Negara Indonesia
     Indonesian Citizen




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                                                                                     Profil Perseroan
                                                                                     Company Profile




RIWAYAT PENDIDIKAN                                          EDUCATION HISTORY

1. Master of Management (S2) di bidang Strategic            1. Master of Management (S2) in Strategic Management from
   Management dari Universitas Prasetiya Mulya, Jakarta        Prasetiya Mulya University, Jakarta (2018)
   (2018)
2. Bachelor of Arts in Psychology (S1) dari University of   2. Bachelor of Arts in Psychology (S1) from the University of
   Queensland, Brisbane, Australia (2003)                      Queensland, Brisbane, Australia (2003)
3. Sarjana Ilmu Sains (S1) di bidang Psikologi dari         3. Bachelor of Science (S1) in Psychology from the University of
   Universitas Indonesia (2003)                                Indonesia (2003)

RIWAYAT JABATAN                                             PROFESSIONAL BACKGROUND

Beliau bergabung menjadi Chief Strategic Business Officer   Joined the Company as Chief Strategic Business Officer on
di Perseroan sejak 17 Juli 2019.                            July 17, 2019.

Pengalaman Kerja                                            Work Experience

1. 2019–Sekarang: Chief Strategic Business Officer–PT       1. 2019–Present: Chief Strategic Business Officer–PT Mora
   Mora Telematika Indonesia Tbk                               Telematika Indonesia Tbk
2. 2024–Sekarang: Anggota Dewan Pengawas–APJATEL            2. 2024–Present: Member of the Supervisory Board–APJATEL
   (Asosiasi Penyelenggara Jaringan Telekomunikasi)            (Association of Telecommunication Network Providers)
3. 2021–Sekarang: Sekretaris Jenderal–ASKALSI (Asosiasi     3. 2021–Present: Secretary General–ASKALSI (Association of
   Penyelenggara Komunikasi Kabel Laut Seluruh                 Indonesian Submarine Cable Association)
   Indonesia/Indonesian Submarine Cable Association)
4. 2018: Mendapatkan Tanda Kehormatan Satyalancana          4. 2018: Received the Satyalancana Pembangunan Medal
   Pembangunan dari Presiden Republik Indonesia                of Honor from the President of the Republic of Indonesia
   atas jasanya terhadap negara dan masyarakat                 for his services to the nation and society in the field of
   dalam lapangan pembangunan di bidang                        telecommunications, information, and network development
   telekomunikasi,informasi, dan jaringan
5. 2014–2019: GM Frequency & Government Management          5. 2014–2019: GM Frequency & Government Management PT
   PT XL Axiata Tbk                                            XL Axiata Tbk




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     Profil Sekretaris Perusahaan
     Profile of Corporate Secretary




     Henry R. Rumopa
     Vice President Corporate Secretary &
     Corporate Legal

     Usia 41 tahun
     41 years old

     Warga Negara Indonesia
     Indonesian Citizen




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                                                                                     Profil Perseroan
                                                                                     Company Profile




RIWAYAT PENDIDIKAN                                          EDUCATION HISTORY

1. Magister Hukum (S2) dari Universitas Indonesia (2010).   1. Master of Laws (S2) from the University of Indonesia (2010).
2. Sarjana Hukum (S1) dari Universitas Katolik Atmajaya     2. Bachelor of Laws (S1) from Atmajaya Catholic University
   Jakarta (2007).                                             Jakarta (2007).

RIWAYAT JABATAN                                             PROFESSIONAL BACKGROUND

Beliau menjabat sebagai Sekretaris Perusahaan sejak 2017    Serving as the Corporate Secretary since 2017 based
berdasarkan Surat Keputusan Direksi No.143/MTI/PD–          on the Decree of the Board of Directors No. 143/MTI/
DIR/X/2017 tentang Pengangkatan Sekretaris Perusahaan       PD–DIR/X/2017 concerning the Appointment of Corporate
PT Mora Telematika Indonesia Tbk tanggal 19 Oktober 2017.   Secretary of PT Mora Telematika Indonesia Tbk dated
                                                            October 19, 2017.

Pengalaman Kerja                                            Work Experience

1. 2022–Sekarang: Vice President Corporate Secretary &      1. 2022–Present: Vice President Corporate Secretary & Legal–
   Legal–PT Mora Telematika Indonesia Tbk                      PT Mora Telematika Indonesia Tbk
2. 2024–Sekarang: Komisaris–PT Gema Lintas Benua            2. 2024–Present: Commissioner–PT Gema Lintas Benua
3. 2017–2022: Head of Corporate Secretary–PT Mora           3. 2017–2022: Head of Corporate Secretary–PT Mora
   Telematika Indonesia Tbk                                    Telematika Indonesia Tbk
4. 2017: General Manager Corporate Legal–PT Mora            4. 2017: General Manager Corporate Legal–PT Mora Telematika
   Telematika Indonesia Tbk                                    Indonesia Tbk
5. 2016–2017: Senior Legal Manager–PT Mora Telematika       5. 2016–2017: Senior Legal Manager–PT Mora Telematika
   Indonesia Tbk                                               Indonesia Tbk
6. 2014–2016: Legal Manager–PT Mora Telematika              6. 2014–2016: Legal Manager–PT Mora Telematika Indonesia
   Indonesia Tbk                                               Tbk
7. 2013–2014: Assistant Legal Manager–PT Mora               7. 2013–2014: Assistant Legal Manager–PT Mora Telematika
   Telematika Indonesia Tbk                                    Indonesia Tbk
8. 2011–2013: Senior Legal Officer–PT Mora Telematika       8. 2011–2013: Senior Legal Officer–PT Mora Telematika
   Indonesia                                                   Indonesia
9. 2007: Legal Staff–Kantor Notaris Misahardi Wilamarta     9. 2007: Legal Staff–Misahardi Wilamarta Notary Office




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     Pelatihan/Pendidikan dan/atau                                              Training/Education and/or
     Peningkatan Kompetensi Sekretaris                                          Competency Improvement for
     Perusahaan                                                                 Implementation of Corporate

         Waktu/Tempat                        Penyelenggara                                       Materi Pelatihan/Pendidikan
         Date and Place                        Organizer                                         Training/Education Materials
                                 Asosiasi Emiten Indonesia (AEI) dan Otoritas
     23 Januari 2025/Daring                 Jasa Keuangan (OJK)                     Webinar Penyegaran POJK bagi Emiten Perusahaan Publik
     January 23, 2025/Online     Indonesian Issuers Association (AEI) and             POJK Refresher Webinar for Public Company Issuers
                                    Financial Services Authority (OJK)
     26 Februari 2025/Daring    Indonesia Corporate Secretary Association       Corporate Reputation in the Digital Era: Strategies to Build Investor
     February 26, 2025/Online                    (ICSA)                                                Trust Confirmation
                                                                                   Peran Perusahaan Publik dalam Keuangan Berkelanjutan:
                                                                                 Memahami Taksonomi untuk Keuangan Berkelanjutan Indonesia
     13 Maret 2025/Daring                                                                                  Versi 2
                                                    ICSA
     March 13, 2025/Online                                                           The Role of Public Companies in Sustainable Finance:
                                                                                 Understanding the Taxonomy for Sustainable Finance Indonesia
                                                                                                          Version 2
                                                                                 Menavigasi Tantangan ESG melalui Penguatan Kebijakan Good
     18 Maret 2025/Daring                                                                          Corporate Governance
                                                    ICSA
     March 18, 2025/Online                                                         Navigating ESG Challenges through Strengthening Good
                                                                                               Corporate Governance Policies
                                                                                  Pendalaman POJK Nomor 9 Tahun 2023 tentang Penggunaan
                                                                                 Jasa Akuntan Publik dan Kantor Akuntan Publik dalam Kegiatan
                                                                                Jasa Keuangan & SE OJK Nomor 18/SEOJK.03/2023 tentang Tata
                                                                                Cara Penggunaan Jasa Akuntan Publik dan Kantor Akuntan Publik
     19 Maret 2025/Daring                                                                        dalam Kegiatan Jasa Keuangan
                                                    ICSA
     March 19, 2025/Online                                                        Further Explanation of POJK Number 9 of 2023 concerning the
                                                                                Use of Public Accountant Services and Public Accounting Firms in
                                                                                Financial Services Activities & SE OJK Number 18/SEOJK.03/2023
                                                                                concerning Procedures for Using Public Accountant Services and
                                                                                      Public Accounting Firms in Financial Services Activities
     22 April 2025/Daring                                                                         Pendalaman Peraturan No 1E
                                                    ICSA
     April 22, 2025/Online                                                                   Further Explanation on Regulation No. 1E
     24 April 2025/Daring                                                              Communication Evaluation: Measuring the Impact of
                                                    ICSA
     April 24, 2025/Online                                                                    Communications to Stakeholders
                                                                                 Pendalaman Peraturan Otoritas Jasa Keuangan Nomor 14 Tahun
                                                                                 2019 tentang Perubahan atas Peraturan Otoritas Jasa Keuangan
                                                                                  Nomor 32 Tahun 2015 tentang Penambahan Modal Perusahaan
                                                                                Terbuka Dengan Memberikan Hak Memesan Efek Terlebih Dahulu
     17 Juni 2025/Daring
                                                    ICSA                          Further Explanation of Financial Services Authority Regulation
     June 17, 2025/Online
                                                                                Number 14 of 2019 concerning Amendments to Financial Services
                                                                                   Authority Regulation Number 32 of 2015 concerning Capital
                                                                                Increases for Public Companies by Granting Pre–emptive Rights to
                                                                                                         Issue Securities
     19 Juli 2025/Daring                                                         Digital Governance: Automating Compliance and Disclosure with
                                                    ICSA
     July 19, 2025/Online                                                                                  AI Tools
                                                                                  Pendalaman Peraturan Otoritas Jasa Keuangan Nomor 4 Tahun
                                                                                    2024 tentang Laporan Kepemilikan atau Setiap Perubahan
                                                                                  Kepemilikan Saham Perusahaan Terbuka dan Laporan Aktivitas
     29 Juli 2025/Daring                                                                     Menjaminkan Saham Perusahaan Terbuka
                                                    ICSA
     July 29, 2025/Online                                                          Further Explanation of Financial Services Authority Regulation
                                                                                 Number 4 of 2024 concerning Reports of Ownership or Changes
                                                                                in Share Ownership of Public Companies and Reports of Activities
                                                                                             of Pledge of Shares of Public Companies

                                                                                 Finance for Non–Finance: Memahami Angka untuk Komunikasi
     5 Agustus 2025/Daring                                                                               yang Efektif
                                                    ICSA
     August 5, 2025/Online                                                       Finance for Non–Finance: Understanding Numbers for Effective
                                                                                                       Communication

     20 Agustus 2025/Daring
                                                     AEI                                             GHG Protocol In Practice
     August 20, 2025/Online
     3 September 2025/Daring            Bursa Efek Indonesia (BEI)
                                                                                                     GRI AEI Series III–GRI 102
     September 3, 2025/Online           Indonesia Stock Exchange




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                                                                                             Profil Perseroan
                                                                                             Company Profile




    Waktu/Tempat                     Penyelenggara                                   Materi Pelatihan/Pendidikan
    Date and Place                     Organizer                                     Training/Education Materials

9 September 2025/Daring                                                                          e–RUPS
                                            ICSA
September 9, 2025/Online                                                                         e–GMS

23 September 2025/                                                        Eksplorasi E–RUPS: Alternatif Praktis Sistem BAE untuk
Daring                                                                          Kemudahan dan Transparansi bagi Emiten
                                            AEI
September 23, 2025/                                                   Exploring E–GMS: A Practical Alternative to the BAE System for
Online                                                                          Convenience and Transparency for Issuers
25 September 2025/Main
Hall, Gedung Bursa Efek
Indonesia
                                            BEI                                      Introductory to Investor Relations
September 25, 2025/Main
Hall of Indonesia Stock
Exchange Building
                                                                          Pendalaman Peraturan POJK No.14 Tahun 2025 tentang
                                                                         Pelaksanaan Rapat Umum Pemegang Saham, Rapat Umum
30 September 2025/                                                    Pemegang Obligasi dan Rapat Umum Pemegang Sukuk Secara
Daring                                                                                            Elektronik
                                            ICSA
September 30, 2025/                                                        Further Explanation of POJK Regulation No. 14 of 2025
Online                                                                 concerning the Electronic Implementation of General Meetings
                                                                      of Shareholders, General Meetings of Bondholders, and General
                                                                                        Meetings of Sukuk Holders
1 Oktober 2025/Daring
                                            ICSA                      webinar "From Policy to Impact: Best Practice in ESG Journey"
October 1, 2025/Online
21 Oktober 2025/Daring                                                   Webinar ESG "Empowering Communities, Strengthening
                                            ICSA
October 21, 2025/Online                                                                   Sustainability"
                                                                        “Integrasi Cyber Security dalam Good Corporate Governance
29 Oktober 2025/Daring                                                           (GCG): Peran Penting Corporate Secretary”
                                            ICSA
October 29, 2025/Online                                              “Integrating Cyber Security in Good Corporate Governance (GCG):
                                                                               The Important Role of the Corporate Secretary”
5 November 2025/Main
Hall, Gedung Bursa Efek     BEI, KSEI dan PT Kriling Penjamin Efek
Indonesia                              Indonesia (KPEI)              Go Public Workshop “Strategic Funding with Sukuk: Preparing for
November 5, 2025/Main        BEI, KSEI, and PT Kriling Indonesian                        2026 Opportunities”
Hall of Indonesia Stock    Securities Guarantee Corporation (KPEI)
Exchange Building
                                                                      Rated for Growth–Rating, Reputasi dan Daya Saing Emiten di Era
7 November 2025/Daring                                                                          Keberlanjutan
                                            AEI
November 7, 2025/Online                                                Rated for Growth–Ratings, Reputation, and Competitiveness of
                                                                                     Issuers in the Era of Sustainability

13 November 2025/Daring
November 13, 2025/                          ICSA                        IFRS 1&2 Update and Practical insights for public companies
Online

9 Desember 2025/Daring
                                            AEI                                        Human Rights Due Diligence
December 9, 2025/Online

                                                                       Webinar Sosialisasi SPE–IDXnet terkait Pengembangan Form
13 Desember 2025/Daring
                                                                             Pelaporan AP/KAP, Waran terstruktur dan ESG
December 13, 2025/                          BEI
                                                                       SPE–IDXnet Socialization Webinar on Development of AP/KAP
Online
                                                                             Reporting Forms, Structured Warrants and ESG
                                                                       Sosialisasi Penggunaan Sistem eASY.KSEI untuk Pelaksanaan
                                                                      Rapat Umum Pemegang Obligasi dan Rapat Umum Pemegang
17 Desember 2025/Daring                                                        Sukuk secara elektronik (eRUPO dan eRUPSu)
                                            KSEI
December 17, 2025/Online                                                 Socialization of the Use of the eASY.KSEI System for the
                                                                      Implementation of Electronic General Meetings of Bondholders
                                                                      and General Meetings of Sukuk Holders (eRUPO and eRUPSu)




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     Pelaksanaan Tugas Sekretaris                            Performance of the Corporate
     Perusahaan di Tahun 2025                                Secretary’s Duties in 2025

     Sepanjang tahun 2025, Sekretaris Perusahaan telah       Throughout 2025, the Corporate Secretary has:
     melakukan:

     1. Mengikuti perkembangan pasar modal khususnya         1. Followed developments in the capital            market,
        peraturan perundang–undangan yang berlaku di            particularly applicable laws and regulations.
        bidang Pasar Modal.
     2. Memberikan masukan kepada Direksi dan Dewan          2. Provided input to the Company’s Board of Directors
        Komisaris Perseroan untuk mematuhi ketentuan            and Board of Commissioners regarding compliance
        peraturan perundang-undangan di bidang Pasar            with laws and regulations in the capital market.
        Modal.
     3. Membantu Direksi dan Dewan Komisaris dalam           3. Assisted the Board of Directors and Board of
        pelaksanaan tata kelola perusahaan yang meliputi:       Commissioners        in    implementing      corporate
                                                                governance, including:
        a. Keterbukaan informasi kepada Masyarakat,             a. Disclosure of information to the public, including
           termasuk ketersediaan informasi pada situs web          the availability of information on the Company’s
           Perseroan.                                              website.
        b. Penyampaian laporan kepada Otoritas Jasa             b. Submission of reports to the Financial Services
           Keuangan.                                               Authority.
        c. Penyelenggaraan dan dokumentasi Rapat Umum           c. Organizing and documenting the General Meeting
           Pemegang Saham dan Public Expose Tahunan.               of Shareholders and the Annual Public Expose.
        d. Penyelenggaraan dan dokumentasi rapat Direksi,       d. Organizing and documenting meetings of the
           Dewan Komisaris, gabungan Direksi dan Dewan             Board of Directors, Board of Commissioners, joint
           Komisaris; dan rapat Komite Audit dan Komite            meetings of the Board of Directors and Board
           Nominasi dan Remunerasi.                                of Commissioners; and meetings of the Audit
                                                                   Committee and the Nomination and Remuneration
                                                                   Committee.
     4. Melaksanakan korespondensi terkait pemenuhan         4. Conducted correspondence related to compliance
        kepatuhan terhadap peraturan pasar modal yang           with applicable capital market regulations with capital
        berlaku kepada otoritas dan lembaga pasar modal,        market authorities and institutions, including but not
        termasuk namun tidak terbatas pada:                     limited to:
        a. Laporan bulanan registrasi pemegang efek.            a. Monthly reports on security holder registration.
        b. Laporan Kepemilikan atau Setiap Perubahan            b. Report on Ownership or Any Changes in Share
           Kepemilikan Saham Perusahaan Terbuka (Laporan           Ownership of Public Companies (Share Ownership
           Kepemilikan Saham oleh Direksi dan Dewan                Report by the Board of Directors and Board of
           Komisaris).                                             Commissioners).
        c. Laporan keuangan tahunan dan triwulan.               c. Annual and quarterly financial reports.
        d. Laporan Tahunan dan Laporan Keberlanjutan.           d. Annual Report and Sustainability Report.
        e. Laporan sehubungan dengan pelaksanaan Rapat          e. Reports relating to the Annual and Extraordinary
           Umum Pemegang Saham Tahunan dan Luar Biasa.             General Meetings of Shareholders.
        f. Laporan sehubungan dengan pelaksanaan Publik         f. Reports relating to the Annual Public Expose.
           Expose Tahunan.
        g. Laporan Keterbukaan Informasi berkenaan dengan      g. Information     Disclosure   Reports    concerning
           informasi yang perlu disampaikan kepada publik.        information that must be disclosed to the public;
        h. Laporan Keterbukaan Informasi insidentil.           h. Incidental Information Disclosure Reports.




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                             Profil Perseroan
                             Company Profile




Kabel Bawah Laut untuk Project Rising 8 yang Membentang dari Jakarta
         (Tanjung Pakis) – Batam (Tanjung Bemban) hingga Singapura.
          Submarine cable for the Rising 8 Project spanning from Jakarta
               (Tanjung Pakis) – Batam (Tanjung Bemban) to Singapore.



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Page 98
     Demografi Sumber Daya Manusia
     Human Resources Demographic

      Komposisi Karyawan Berdasarkan Jenis Kelamin
      Composition of Employees based on Gender
                                        2025                          2024                        2023

                                              Persentase                  Persentase                  Persentase
       Jenis Kelamin
                                               Terhadap                    Terhadap                    Terhadap
          Gender             Jumlah                          Jumlah                      Jumlah
                                                 Total                       Total                       Total
                              Total                           Total                       Total
                                             Percentage of               Percentage of               Percentage of
                                                 Total                       Total                       Total

      Laki–Laki
                                707               73,7%        687           74,1%        656            74,5%
      Male


      Perempuan
                               252               26,3%         240           25,9%        224            25,5%
      Female


      Jumlah Karyawan
                               959                100%         927           100%         880            100%
      Total Employee



      Komposisi Karyawan Berdasarkan Jabatan
      Composition of Employees based on Position
                                      2025                            2024                        2023

                                            Persentase                    Persentase                  Persentase
         Jabatan
                                             Terhadap                      Terhadap                    Terhadap
         Position           Jumlah                           Jumlah                      Jumlah
                                               Total                         Total                       Total
                             Total                            Total                       Total
                                           Percentage of                 Percentage of               Percentage of
                                               Total                         Total                       Total
      Tingkat Pemula
      Entry Level

      Staf
                              393                41%          617            66,6         602            68,4%
      Staff

      Tingkat Menengah
      Mid Level

      Kepala Seksi
                              467                48,7%        268            28,9%        231            26,2%
      Section Head

      Tingkat Senior
      Senior Level

      Kepala
      Departemen
                               86                 9%           27            2,9%          34            3,9%
      Department
      Head

      Kepala Divisi
                               11                1,1%          13            1,4%          11            1,3%
      Division Head

      Eksekutif
                               2                 0,2%          2             0,2%          2             0,2%
      Executive

      Jumlah
      Karyawan                959                100%         927            100%         880            100%
      Total Employee




     Annual Report 2025 | Laporan Tahunan 2025
98   PT Mora Telematika Indonesia Tbk
Page 99
                                                                                          Profil Perseroan
                                                                                          Company Profile




Komposisi Karyawan Berdasarkan Usia
Composition of Employees based on Age

                                     2025                              2024                                      2023

                                         Persentase                        Persentase                                Persentase
    Jenjang Usia
                                          Terhadap                          Terhadap                                  Terhadap
     Age Range              Jumlah                          Jumlah                                 Jumlah
                                            Total                             Total                                     Total
                             Total                           Total                                  Total
                                        Percentage of                     Percentage of                             Percentage of
                                            Total                             Total                                     Total
18–25 tahun | years old       69               7,2%           49                5,3%                  32                  3,6%

25–35 tahun | years old      397              41,4%          430               46,4%                 425                48,4%

35–45 tahun | years old      367              38,3%          336               36,2%                 332                  37,7%

45–55 tahun | years old      122              12,7%          108                11,7%                 88                  10%

>55 tahun | years old         4               0,4%            4                 0,4%                  3                   0,3%

Jumlah Karyawan
                             959              100%           927               100%                  880                  100%
Total Employee




Komposisi Karyawan berdasarkan Tingkat Pendidikan
Composition of Employees based on Education Level

                                     2025                               2024                                       2023

                                             Persentase                        Persentase                                Persentase
      Pendidikan
                                              Terhadap                          Terhadap                                  Terhadap
       Education            Jumlah                           Jumlah                                   Jumlah
                                                Total                             Total                                     Total
                             Total                            Total                                    Total
                                            Percentage of                     Percentage of                             Percentage of
                                                Total                             Total                                     Total
Magister (S2) | Master        43                4,5%              47              5,1%                     35                4,0%

Sarjana (S1) | Bachelor       587               61,2%          574                61,9%                   522               59,3%

Diploma (DI–DIV | Diploma     191               19,9%          174                18,8%                    181              20,6%

Lain–lain | Others            138              14,4%           132                14,2%                    142               16,1%

Jumlah Karyawan
                              959               100%           927                100%                    880               100%
Total Employee



Komposisi Karyawan berdasarkan Status Kepegawaian
Composition of Employees based on Employment Status

                                     2025                              2024                                      2023

      Status                             Persentase                        Persentase                               Persentase
   Kepegawaian                            Terhadap                          Terhadap                                 Terhadap
                            Jumlah                          Jumlah                                 Jumlah
 Employment Status                          Total                             Total                                    Total
                             Total                           Total                                  Total
                                        Percentage of                     Percentage of                            Percentage of
                                            Total                             Total                                    Total
Karyawan Tetap
                              559             58,3%          587               63,3%                 575                65,2%
Permanent Employee

Karyawan Tidak Tetap
Non–Permanent                 400              41,7%         340               36,7%                 305                34,8%
Employee

Jumlah Karyawan
                              959              100%          927                100%                 880                100%
Total Employee




                                                                                        Annual Report 2025 | Laporan Tahunan 2025
                                                                                                PT Mora Telematika Indonesia Tbk        99
Page 100
      Informasi Pemegang Saham
      Shareholders Information

       Daftar Nama Pemegang Saham yang Memiliki 5% atau Lebih
       List of Shareholders Owning 5% or More
                                                 Per 1 Januari 2025                                                   Per 31 Desember 2025
                                                As of January 1, 2025                                                As of December 31, 2025
                                                 (Awal Tahun Buku)                                                     (Akhir Tahun Buku)
                                              (Beginning of Fiscal Year)                                                (End of Fiscal Year)
           Nama
                                                                           (Nilai Nominal Rp100.– per saham)
         Pemegang
                                                                          (Nominal Value of IDR 100 per share)
          Saham
          Name of
        Shareholders             Jumlah               Jumlah Nilai                                      Jumlah               Jumlah Nilai
                                 Saham                  Nominal                                         Saham                  Nominal
                                                                               Persentase                                                            Persentase
                                Number of             Total Nominal                                    Number of             Total Nominal
                                                                               Percentage                                                            Percentage
                                 Shares                   Value                                         Shares                   Value
                                                                                   (%)                                                                   (%)
                                (Lembar)                (Rupiah)                                       (Lembar)                (Rupiah)
                                 (Share)                  (IDR)                                         (Share)                  (IDR)
       PT Candrakarya
                               9.653.884.260         965.388.426.000               40,83              8.510.884.260          851.088.426.000              35,99
       Multikreasi

       PT Gema Lintas
                                7.135.484.421         713.548.442.100               30,17             7.135.484.421          713.548.442.100                30,18
       Benua

       PT XLSMART
       Telecom                  4.331.835.710         433.183.571.000               18,32                    –                       –                       –
       Sejahtera Tbk


       Masyarakat
                               2.525.464.300         252.546.430.000               10,68              8.000.300.010          800.030.001.000              33,83
       Public



       Anggota Direksi dan Anggota Dewan Komisaris yang Memiliki Saham Perusahaan
       Share Ownership by Members of the Board of Directors and the Board of Commissioners
                                                              Per 1 Januari 2025                                          Per 31 Desember 2025
                                                             As of January 1, 2025                                       As of December 31, 2025
                                                              (Awal Tahun Buku)                                            (Akhir Tahun Buku)
          Dewan Komisaris dan
                                                           (Beginning of Fiscal Year)                                       (End of Fiscal Year)
             Dewan Direksi
         Board of Commissioners
                                                 Jumlah Saham                                                  Jumlah Saham
          and Board of Directors                                                   Persentase                                                    Persentase
                                                Number of Shares                                              Number of Shares
                                                                                   Percentage                                                    Percentage
                                                   (Lembar)                                                      (Lembar)
                                                                                       (%)                                                           (%)
                                                    (Share)                                                       (Share)

       Indra Nathan Kusnadi                                0                                0                            0                              0

       Karim Panjaitan                                     0                                0                            0                              0

       Kanaka Puradiredja                                  0                                0                            0                              0

       Jimmy Kadir                                         0                                0                            0                              0

       Genta Andhika Putra*                             117.200                       0,0005%                            0                              0

       *Genta Andhika Putra selaku Wakil Direktur Utama telah menjual seluruh saham yang dimiliki di Perseroan pada tanggal 21 Oktober 2025 dan telah dilaporkan kepada
       Otoritas Jasa Keuangan pada tanggal 22 Oktober 2025.
       *Genta Andhika Putra as Vice President Director has sold all shares owned in the Company on October 21, 2025 and has been reported to the Financial Services
       Authority on October 22, 2025.




      Annual Report 2025 | Laporan Tahunan 2025
100   PT Mora Telematika Indonesia Tbk
Page 101
                                                                                         Profil Perseroan
                                                                                         Company Profile




Kelompok Pemegang Saham yang Memiliki Kurang dari 5%
Shareholder Groups Owning Less Than 5%


                                       1 Januari 2025                                     31 Desember 2025
                                       January 1, 2025                                    December 31, 2025
     Kelompok
    Pemegang
      Saham                                                Jumlah                                               Jumlah
                        Jumlah          Persentase                        Jumlah              Persentase
    Shareholder                                           Pemegang                                             Pemegang
                        Saham          Kepemilikan                        Saham              Kepemilikan
      Groups                                               Saham                                                Saham
                       Number of       Percentage of                     Number of           Percentage of
                                                          Number of                                            Number of
                        Shares          Ownership                         Shares              Ownership
                                                         Shareholders                                         Shareholders


Broker
                            –                 –               –               –                     –               –
Broker


Individual Domestik
                        47.362.300         0.20%            2.378         45.400.500              0.19%           3.802
Individual Domestic

Individual Asing
KITAS–NPWP
                           600             00.00%             1             3.300                00.00%             3
Individual Foreign
KITAS–NPWP

Individual Asing
                         7.690.132         0.03%              21           426.832               00.00%            20
Individual Foreign


Institusi Asing
                      1.629.433.300        6.89%              7          7.951.712.810           33.63%            17
Institution Foreign


Perusahaan Terbatas
NPWP
                      21.962.545.259       92.88%             11        15.649.125.249           66.18%            37
Limited Company
NPWP


Jumlah
                      23.646.668.691        100%            2.418       23.646.668.691            100%            3.879
Total




                                                                                     Annual Report 2025 | Laporan Tahunan 2025
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Page 102
             Persentase Kepemilikan Tidak Langsung                                                                                Indirect Share Ownership of Members of
             atas Saham Perseroan oleh Anggota                                                                                    the Board of Directors and the Board of
             Direksi dan Anggota Dewan Komisaris                                                                                  Commissioners

             Seluruh anggota Direksi dan/atau seluruh anggota                                                                     All members of the Board of Directors and/or all members
             Dewan Komisaris tidak memiliki kepemilikan tidak                                                                     of the Board of Commissioners do not have indirect
             langsung atas saham Perseroan.                                                                                       ownership of the Company’s shares.


              Komposisi Kepemilikan Saham berdasarkan Klasifikasi Lokal & Asing
              Share Ownership Composition based on Local & Foreign Classification

                             Klasifikasi Pemegang Saham                                                                     Jumlah Saham                                 Persentase Kepemilikan
                             Classification of Shareholders                                                                Number of Shares                              Percentage of Ownership

              Institusi Lokal
                                                                                                                             15.649.125.249                                         66,18%
              Institution Local

              Institusi Asing
                                                                                                                              7.951.712.810                                        33,63%
              Insitution Foreign

              Individu Lokal
                                                                                                                              45.400.500                                            0,19%
              Individual Local

              Individu Asing
                                                                                                                                430.132                                            00,00%
              Individual Foreign




             Struktur Grup serta Informasi mengenai                                                                               Group Structure and Information regarding
             Pemegang Saham Utama dan Pemegang                                                                                    Major Shareholders and Controlling
             Saham Pengendali sampai kepada Pemilik                                                                               Shareholders down to Individual Owners
             Individu

                                                                                                                                                       99,9%       Keterangan/Information:
                                                                                                                                                                   • MTI = PT Mora Telematika Indonesia Tbk
                                  GPS             GM             FB             IEP
                                                                                                                                                0,1%               • PRB = PT Palapa Ring Barat
                                0,01%     99,99%            3,996%      99%          1%
                                                                                                                                0,1%
                                                                                                                                                                   • IPT = PT Indo Pratama Teleglobal
                                                                                                                                                        TBS
                                                                                                                                                                   • PTT = PT Palapa Timur Telematika
                                                                                                             96,004%
                                                                                                                                 BTST
                                                                                                                                                           99,9%   • OMI= PT Oxygen Multimedia Indonesia
                                                                TCP            IMM                                                                                 • MIPL = Moratel International Pte. Ltd.
                                                                                           99,99%

                                                                                                    0,01%




                                                            99,99%     0,01%
                                                                                                                                                                   • OII = PT Oxygen Infrastruktur Indonesia
                                                                                                            10,36%                                                 • KT = PT Ketrosden Triasmitra Tbk
                         P                    GLB               CKM                   BTS
                                                                                                                                                                   • IBSW = PT Infrastruktur Bisnis Sejahtera
                                                                                                        0,0002%
              33,83%                     30,18%             35,99%                                                                                                 • GLB = PT Gema Lintas Benua
                                                                                                                                                                   • CKM = PT Candrakarya Multikreasi
                                                                                                                                       89,64%
                                                                                                                                                                   • BTS = PT Bakti Taruna Sejati
                       KT                                MTI                                                   IBSW
                                                                                                                                                                   • BTST = PT Bakti Taruna Sejahtera
                                                                       0,04%
                                                                                                                                                                   • TBS = PT Taruna Bina Sejahtera
                                                                                                                                                                   • P = Public./Masyarakat
      1,1%
                98,90%           65%         100%           99,96%
                                                                                     70%                                                                           • TCP = PT Tunas Citra Persada
                                                                                                                     30%                                           • IMM = PT Inovasi Mas Mobilitas
                       PRB         IPT            MIPL          OMI                   PTT                                                                          • GPS : Glory Palmy Simanjuntak
                                                                                                                                                                   • GM = Galumbang Menak
                                                    0,04%                                                                                                          • FB = Farida Bau
                                                                      99,96%
                                                                                                                                                                   • IEP = Imanuel Eka Putra
                                                         OII




             Annual Report 2025 | Laporan Tahunan 2025
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Page 103
                                                                                                       Profil Perseroan
                                                                                                       Company Profile




Ibu Farida Bau merupakan Pemegang Saham Pengendali                          Mrs. Farida Bau is the indirect Controlling Shareholder of
tidak langsung Perseroan melalui PT Candrakarya                             the Company through PT Candrakarya Multikreasi with
Multikreasi dengan kepemilikan saham pada 31                                a share ownership at 31 December 2025 of 35.99%,
Desember 2025 adalah sebesar 35,99%, dan sebagai                            and is the Ultimate Beneficial Owner of the Company.
Pemilik Manfaat Akhir Perseroan. Pemegang Saham                             The Company’s Major Shareholders are PT Candrakarya
Utama Perseroan adalah PT Candrakarya Multikreasi                           Multikreasi and PT Gema Lintas Benua.
dan PT Gema Lintas Benua.


 Entitas Anak dan Perusahaan Asosiasi
 Subsidiaries and Associated Companies


                                                                                                       Kepemilikan        Jumlah
          Nama                                                               Tahun         Tahun                                        Status
                                        Bidang Usaha        Tahun Berdiri                                Saham             Aset
       Perusahaan          Domisili                                          Operasi     Investasi                                     Operasi
 No                                        Line of             Year of                                    Share            Total
        Name of            Domicile                                          Year of      Year of                                     Operational
                                          Business          Establishment                               Ownership         Assets
        Company                                                             Operation   Investment                                      Status
                                                                                                         (2025)           (2025)



Entitas Anak Langsung
Direct Subsidiaries




                                       Jasa Teknologi dan
      Moratel                          Telekomunikasi                                                                                  Beroperasi
                           Singapura
  1   International Pte,               Technology and           2008          2008         2008            100%            518.067     Operational
                           Singapore
      Ltd. (MIPL)                      Telecommunications
                                       Services




                           Jakarta,
      PT Oxygen                        Televisi
                           Indonesia                                                                                                   Beroperasi
 2    Multimedia                       Kabel                    2015          2015         2015           99,96%          192.006
                           Jakarta,                                                                                                    Operational
      Indonesia                        Cable Television
                           Indonesia




                                       Jasa Teknologi dan
                           Jakarta,    Telekomunikasi
      PT Palapa Ring       Indonesia   Technology and                                                                                  Beroperasi
 3                                                              2016          2016         2016           98,90%          802.431
      Barat                Jakarta,    Telecommunications                                                                              Operational
                           Indonesia   Services




                                       Jasa Teknologi dan
                                       Telekomunikasi
                           Jakarta,
                                       Technology and                                                                                  Beroperasi
      PT Palapa Timur      Indonesia
 4                                     Telecommunications       2016          2016         2016           70,00%          3.598.126    Operational
      Telematika           Jakarta,
                                       Services
                           Indonesia




                                                                                                     Annual Report 2025 | Laporan Tahunan 2025
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Page 104
       Entitas Anak dan Perusahaan Asosiasi
       Subsidiaries and Associated Companies


                                                                                                               Kepemilikan      Jumlah
                 Nama                                                                  Tahun         Tahun                                   Status
                                                  Bidang Usaha        Tahun Berdiri                              Saham           Aset
              Perusahaan           Domisili                                            Operasi     Investasi                                Operasi
       No                                            Line of             Year of                                  Share          Total
               Name of             Domicile                                            Year of      Year of                                Operational
                                                    Business          Establishment                             Ownership       Assets
               Company                                                                Operation   Investment                                 Status
                                                                                                                 (2025)         (2025)




                                                Jasa Teknologi dan
                                  Jakarta,
                                                Telekomunikasi                                                                              Beroperasi
              PT Indo Pratama     Indonesia
        5                                       Technology and             1999         1999         2021         65,00%        344.319     Operational
              Teleglobal          Jakarta,
                                                Telecommunications
                                  Indonesia
                                                Services




       Entitas Anak Tidak Langsung
       Indirect Subsidiaries



                                                Pembangunan
                                                Sarana dan
                                                Prasarana Jaringan
                                  Jakarta,
              PT Oxygen                         Telekomunikasi                                                                              Beroperasi
                                  Indonesia
        6     Infrastruktur                     Development                2016         2016         2016         99,96%         81.158     Operational
                                  Jakarta,
              Indonesia                         of Network
                                  Indonesia
                                                Facilities and
                                                Telecommunications
                                                Infrastructure




       Kronologis Pencatatan Saham
       Stock Listing Chronology

                                                                                           Nilai Nominal                              Nama Bursa
                                                                                                                   Harga
            Tanggal               Aksi Korporasi                 Jumlah Saham               per Saham                                    Efek
                                                                                                                Penawaran
             Date                Corporate Action               Number of Shares           Nominal Value                             Name of Stock
                                                                                                               Offering Price
                                                                                             per Share                                 Exchange


       8 Agustus              Penawaran Umum                                                                                       Bursa Efek
       2000                   Perdana Saham                          2.525.464.300             Rp100,–            Rp396,–          Indonesia
       August 8,              Initial Public Offering of             lembar|shares             IDR 100            IDR 396          Indonesia Stock
       2000                   Shares                                                                                               Exchange




      Pada tahun 2025, Perseroan tidak melakukan                                      In 2025, the Company did not carry out stock split,
      pemecahan saham (stock split), penggabungan saham                               reverse stock, stock dividend distributions, bonus shares,
      (reverse stock), pembagian dividen saham, saham                                 changes in the nominal value of shares, implementation
      bonus, perubahan nilai nominal saham, pelaksanaan efek                          of convertible securities, implementation of capital
      konversi, pelaksanaan penambahan dan pengurangan                                additions and reductions.
      modal.




      Annual Report 2025 | Laporan Tahunan 2025
104   PT Mora Telematika Indonesia Tbk
Page 105
                                                                                                                       Profil Perseroan
                                                                                                                       Company Profile




Informasi Pencatatan Efek Lainnya
Other Securities Listing Information
                                                              Imbal Hasil                                           Nilai Penawaran
                                                                                         Tanggal Jatuh
   Nama Efek       Tahun Penerbitan                             Returns                                              Offering Price               Peringkat Efek
                                                                                            Tempo
Name of Securities   Issuance Year                             (Rp–Juta)                                                (Rp–Juta)                Securities Rating
                                                                                         Maturity Date
                                                              (Rp–Million)                                             (Rp–Million)
Sukuk Ijarah
Berkelanjutan I
Moratelindo Tahap
II-Seri B*                                                                               11 Agustus 2025                                          IdA+ sy (Single A
                                      2020                         9.675                                                   86.000
Moratelindo Shelf                                                                        August 11, 2025                                            Plus Syariah)
Registration Ijarah
Sukuk I Phase II-
Series B*

Sukuk Ijarah
Berkelanjutan I
Moratelindo Tahap
III-Seri B*                                                                              7 Oktober 2025                                           IdA+ sy (Single A
                                      2020                         6.316                                                    56.150
Moratelindo Shelf                                                                        October 7, 2025                                            Plus Syariah)
Registration Ijarah
Sukuk I Phase III-
Series B*

Sukuk Ijarah
Berkelanjutan I
Moratelindo Tahap
IV–Seri B                                                         3.399                    4 Mei 2026                                             IdA+ sy (Single A
                                      2021                                                                                 30.900
Moratelindo Shelf                                                                          May 4, 2026                                              Plus Syariah)
Registration Ijarah
Sukuk I Phase IV–
Series B

Sukuk Ijarah
Berkelanjutan II
Moratelindo Tahap
I–Seri A                                                                                    13 Juli 2026                                          IdA+ sy (Single A
                                      2023                        46.260                                                  462.600
Moratelindo Shelf                                                                          July 13, 2026                                            Plus Syariah)
Registration Ijarah
Sukuk II Phase I–
Series A

Sukuk Ijarah
Berkelanjutan II
Moratelindo Tahap
I–Seri B                                                                                    13 Juli 2028                                          IdA+ sy (Single A
                                      2023                        2.854                                                    25.950
Moratelindo Shelf                                                                          July 13, 2028                                            Plus Syariah)
Registration Ijarah
Sukuk II Phase I–
Series B

Sukuk Ijarah
Berkelanjutan II
Tahap II seri A                                                                          16 Januari 2027                                          IdA+ sy (Single A
                                      2024                        26.728                                                   267.280
Shelf Registration                                                                      January 16, 2027                                            Plus Syariah)
Ijarah Sukuk II Phase
II–Series A

Sukuk Ijarah
Berkelanjutan II
Tahap II seri B                                                                          16 Januari 2029                                          IdA+ sy (Single A
                                      2024                         1.358                                                    12.350
Shelf Registration                                                                      January 16, 2029                                            Plus Syariah)
Ijarah Sukuk II Phase
II–Series B

*Sukuk Ijarah Berkelanjutan I Moratelindo Tahap II–Seri B telah lunas pada 11 Agustus 2025 dan Sukuk Ijarah Berkelanjutan I Moratelindo Tahap III–Seri B telah lunas
 pada 7 Oktober 2025.
*Moratelindo’s Shelf Registration Ijarah Sukuk I Phase II–Series B was paid off on August 11, 2025 and Moratelindo’s Shelf Registration Ijarah Sukuk I Phase III–Series B
 was paid off on October 7, 2025.




                                                                                                                    Annual Report 2025 | Laporan Tahunan 2025
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Page 106
      Lembaga dan Profesi Penunjang Pasar Modal
      Capital Market Institutions and Supporting Professionals


       Informasi Penggunaan Jasa Akuntan Publik dan Kantor Akuntan Publik
       Information on the Use of Public Accountants and Public Accounting Firms
                                                                                                              Jasa Non Audit
                                  Jasa Audit yang
        Nama & Alamat                                             Biaya           Periode Penugasan            yang Diberikan
                                      Diberikan
        Name & Address                                            Cost            Assignment Period              Non–Audit
                                Audit Service Provided
                                                                                                              Service Provided
                                    Audit atas Laporan
                                 Keuangan Konsolidasian
                               Perusahaan dan Entitas Anak
                                                                                      Periode pelaporan
                                pada tanggal 31 Desember
                                                                                1 Januari–31 Desember 2025
                                           2025               Rp289.000.000,–
                                                                                       Reporting period
                                                              IDR 289,000,000
                                                                                   January 1–December 31,
                                Audit of the Consolidated
                                                                                            2025
                               Financial Statements of the
                               Company and Subsidiaries
                                as of December 31, 2025




           Kantor Akuntan            Audit atas Laporan
       Publik Mirawati Sensi      Keuangan Konsolidasian
       Idris (an Independent   Interim pada tanggal 30 Juni
         Member of Moore       2025 dan 31 Desember 2024
           Global Network        serta periode enam bulan                       Periode pelaporan 6 bulan,
           Limited) dengan      yang berakhir 30 Juni 2025                      yang berakhir 30 Juni 2025
        Akuntan Publik Leo               dan 2024                                       dan 2024
        Susanto (Izin AP No.                                  Rp285.000.000,–
               AP.1284)                                       IDR 285,000,000
                                   Audit of the Interim                          6–month reporting period,
           Alamat: Intiland       Consolidated Financial                         ending June 30, 2025 and
          Tower Lantai 8 Jl.    Statements as of June 30,                                 2024
         Jenderal Sudirman       2025 and December 31,
           Kav. 32 Jakarta       2024 and the six–month
                10220            periods ended June 30,
                                     2025 and 2024                                                               Tidak ada
         Public Accounting                                                                                         None
        Firm Mirawati Sensi
       Idris (an Independent
         Member of Moore
          Global Network
               Limited)
        Public Accountant:
        Leo Susanto (Public         Audit atas Laporan
        Accountant License       Keuangan Konsolidasian
            No. AP.1284)       pada tanggal 30 September
          Address: Intiland       2025 dan 31 Desember
         Tower 8th Floor Jl.    2024, 2023 dan 2022 serta
        Jenderal Sudirman         untuk Periode–periode                          Periode pelaporan 9 bulan,
          Kav. 32 Jakarta          sembilan bulan yang                          yang berakhir 30 September
                10220          berakhir 30 September 2025                        2025 dan 2024 dan tahun–
                                dan 2024 dan tahun–tahun                           tahun yang berakhir 31
                                yang berakhir 31 Desember                        Desember 2024, 2023 dan
                                   2024, 2023 dan 2022        Rp500.000.000,–              2022
                                                              IDR 500,000,000
                                 Audit of the Consolidated                      9–month reporting periods,
                                  Financial Statements as                       ending September 30, 2025
                                  of September 30, 2025                           and 2024 and the years
                                 and December 31, 2024,                         ending December 31, 2024,
                                2023 and 2022 and for the                             2023 and 2022
                                nine–month periods ended
                                 September 30, 2025 and
                                2024 and the years ended
                                December 31, 2024, 2023
                                         and 2022




      Annual Report 2025 | Laporan Tahunan 2025
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                                                                                  Profil Perseroan
                                                                                  Company Profile




Lembaga Penunjang Pasar Modal                               Capital Market Supporting Institutions

                    Wali Amanat                                              Biro Administrasi Efek
                      Trustee                                                    Share Registrar


           PT Bank KB Indonesia Tbk                                       PT Sinartama Gunita

 Alamat      Gedung KB Bank, Jl. MT. Haryono Kav. 50–51,     Alamat    Menara Tekno Lt.7 Jl. Fachruddin No.19 RT 01/RW 07 Kel.
 Address                  Jakarta 12770                      Address   Kampung Bali. Kec. Tanah Abang, Jakarta Pusat. 10250




               Lembaga Pemeringkat                                                  Kustodian
              Securities Rating Agency                                              Custodian


       PT Pemeringkat Efek Indonesia                             PT Kustodian Sentral Efek Indonesia

              Equity Tower 30th Floor Sudirman Central
              Business District, Lot.9 Jl. Jend. Sudirman                  Gedung Bursa Efek Indonesia, Tower 1, lt. 5
 Alamat                                                      Alamat
            Kav.52–53 RT.5/RW.3, Senayan, Kec. Kby. Baru,                       Jl. Jend. Sudirman Kav. 52–53,
 Address                                                     Address
             Kota Jakarta Selatan Daerah Khusus Ibukota                             Jakarta 12190 Indonesia
                            Jakarta 12190




                       Notaris
                       Notary


              Aulia Taufani, S.H.

                  Menara Sudirman Lantai 18 Lot ABD
 Alamat
              Jl. Jend. Sudirman Kav. 60, Jakarta 12190
 Address
                              Indonesia




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                                                  Management Discussion
       04
      Analisis dan Pembahasan
      Manajemen
      Management Discussion and
      Analysis




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and Analysis




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      Tinjauan Bisnis
      Business Review




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                                   Analisis dan Pembahasan
                                                 Manajemen
                                 Management Discussion and
                                                   Analysis




Perekonomian Global dan Nasional

Sepanjang tahun 2025, pergerakan pertumbuhan ekonomi
global menunjukkan tren yang lebih terukur dan berhati-
hati. Dana Moneter Internasional (IMF) memproyeksikan
pertumbuhan global berada di kisaran 3,2% pada tahun
2025, dengan potensi perlambatan bertahap pada tahun
2026.¹ Sementara Bank Dunia memperkirakan adanya
potensi pelemahan pertumbuhan global hingga sekitar 2,3%
pada tahun 2025, lebih rendah dari estimasi sebelumnya.²

Faktor utama yang memengaruhi kondisi tersebut adalah
peningkatan hambatan perdagangan serta tingginya
tingkat ketidakpastian kebijakan. Meskipun tekanan inflasi
cenderung berada dalam batas kendali, volatilitas nilai tukar
dan dinamika geopolitik tetap menjadi sumber risiko utama
yang memerlukan antisipasi cermat.

Di tengah tantangan pelambatan ekonomi negara-negara
maju dan fluktuasi harga komoditas dunia, Pemerintah
Indonesia mampu menjaga stabilitas di dalam negeri.
Pertumbuhan ekonomi nasional hingga Triwulan III tahun
2025 tumbuh sebesar 5,04% (year-on-year/yoy). Capaian
ini mengindikasikan ketahanan permintaan domestik dan
memperkuat keyakinan para pelaku usaha untuk melanjutkan
investasi secara terukur dan berkelanjutan.³

Global and National Economy

Throughout 2025, global economic growth was projected to
show a more measured and cautious trend. The International
Monetary Fund (IMF) projected global growth at around 3.2%
in 2025, with the potential for a gradual slowdown in 2026.¹
Meanwhile, the World Bank estimated a potential weakening
of global growth to around 2.3% in 2025, lower than previous
estimates.²

The main factors influencing this condition are rising trade
barriers and high levels of policy uncertainty. Although
inflationary pressures tend to be within control, exchange
rate volatility and geopolitical dynamics remain key sources
of risk that require careful anticipation.

Amidst the challenges of an economic slowdown in
developed countries and fluctuations in global commodity
prices, the Indonesian government has been able to maintain
domestic stability. National economic growth through the
third quarter of 2025 reached 5.04% (year-on-year/yoy).
This achievement indicates resilient domestic demand and
strengthens business confidence in continuing measured
and sustainable investment.³


¹https://www.imf.org/en/publications/weo/issues/2025/10/14/world-economic-outlook-october-2025?
²https://www.worldbank.org/en/news/press-release/2025/06/10/global-economic-prospects-june-2025-
 press-release?
³https://www.bps.go.id/id/pressrelease/2025/11/05/2478/ekonomi-indonesia-triwulan-iii-2025-tumbuh-
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      Perkembangan Industri                                                                                      Telecommunications Industry
      Telekomunikasi                                                                                             Development

      Tahun 2025 menandai sebuah fase penting bagi industri                                                      The year of 2025 marked as a crucial phase for
      telekomunikasi dan infrastruktur digital Indonesia.                                                        Indonesia’s telecommunications industry and digital
      Akselerasi digitalisasi yang merata di seluruh sektor,                                                     infrastructure. The acceleration of digitalization across
      ditambah dengan pertumbuhan trafik data yang masif,                                                        all sectors, coupled with massive data traffic growth, has
      telah memicu kebutuhan mendesak akan infrastruktur                                                         triggered an urgent need for more reliable, high-capacity
      jaringan yang lebih andal, berkapasitas tinggi, dan                                                        network infrastructure capable of reaching remote areas.
      mampu menjangkau pelosok negeri. Infrastruktur kunci                                                       Key infrastructure such as fiber optic backbones, Fiber
      seperti backbone serat optik, Fiber To The Home (FTTH),                                                    to the Home (FTTH), Network Access Points (NAP), and
      Network Access Point (NAP), dan data center, menjadi                                                       data centers, are the backbone of this development.
      tulang punggung perkembangan ini.

      Kebutuhan akan konektivitas semakin meningkat,                                                             The need for connectivity is increasing, as evidenced
      sebagaimana terlihat pada data Asosiasi Pengusaha                                                          by data from the Indonesian Internet Entrepreneurs
      Internet Indonesia (APJII). Pada Juli 2025, lalu lintas                                                    Association (APJII). In July 2025, internet exchange (IIX)
      internet exchange (IIX) di titik sentral JK2 mencapai                                                      traffic at the JK2 central point peaked at 14 Tbps, indicating
      puncaknya di angka 14 Tbps, menunjukkan intensitas                                                         very high data usage intensity.⁴ This data is supported by
      penggunaan data yang sangat tinggi.⁴ Data ini                                                              the results of the APJII Survey for the 2024–2025 period,
      diperkuat oleh hasil Survei APJII periode 2024–2025                                                        which reported that the national internet penetration rate
      yang melaporkan tingkat penetrasi internet nasional                                                        had reached approximately 80.66%, with an estimated
      telah mencapai sekitar 80,66%, dengan estimasi total                                                       total number of users reaching approximately 229.4
      pengguna mencapai sekitar 229,4 juta jiwa.⁵ Angka                                                          million.⁵ These penetration figures significantly expand
      penetrasi tersebut memperluas peluang pasar yang                                                           the market opportunity for connectivity services, both
      signifikan untuk layanan konektivitas, baik di segmen                                                      in the retail (individual consumers) segment, as well as
      ritel (konsumen individu) maupun korporasi dan UMKM.                                                       in corporations and MSMEs. This scale of demand also
      Skala permintaan tersebut sekaligus menegaskan                                                             underscores the urgency of targeted network investment.
      urgensi investasi jaringan yang tepat sasaran.

      Dari sisi bisnis, industri ini menghadapi tekanan Average                                                  From a business perspective, the industry faces
      Revenue Per User (ARPU) dan persaingan harga yang                                                          pressure from Average Revenue Per User (ARPU) and
      semakin ketat antar penyedia layanan. Meskipun                                                             intensifying price competition among service providers.
      demikian, industri ini menunjukkan perkembangan                                                            Nevertheless, the industry is showing positive progress
      positif di sejumlah area strategis.                                                                        in several strategic areas.

      Upaya perluasan akses jaringan ke wilayah-wilayah                                                          Efforts to expand network access to unserved areas
      unserved dan underserved terus dilakukan, menutup                                                          continue, closing the digital divide and promoting digital
      kesenjangan digital dan mendorong inklusi digital secara                                                   inclusion nationally. The fixed broadband sector (home/
      nasional. Sektor fixed broadband (internet rumah/kantor                                                    office internet via cable) is experiencing significant
      melalui kabel) mengalami pertumbuhan yang signifikan.                                                      growth. This is primarily driven by the increasing need to
      Hal itu terutama didorong oleh peningkatan kebutuhan                                                       work and study from home, a post-pandemic behavioral
      bekerja dan belajar dari rumah, yang merupakan                                                             shift. Cloud-based services also continue to expand,
      pergeseran perilaku pasca-pandemi. Layanan berbasis                                                        offering efficient solutions for businesses to store,
      cloud juga terus berekspansi, menawarkan solusi                                                            process, and access data.
      efisien bagi bisnis untuk menyimpan, mengolah, dan
      mengakses data.




      ⁴https://lampung.apjii.or.id/berita-13-1-apjii--bddc-resmikan-iixjk2-untuk-ekosistem-digital-lebih-kuat?
      ⁵https://infobanknews.com/apjii-gandeng-bitera-perluas-jangkauan-internet-indonesia




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                                                                                                                                            Manajemen
                                                                                                                            Management Discussion and
                                                                                                                                              Analysis




Adopsi kecerdasan buatan (AI) yang semakin merata                                                  The increasingly widespread adoption of artificial
di hampir seluruh sektor industri menjadi faktor                                                   intelligence (AI) across nearly all industrial sectors
pendorong pertumbuhan infrastruktur digital yang                                                   is driving the most transformative growth in digital
paling transformatif saat ini. Kebutuhan akan daya                                                 infrastructure today. The need for massive computing
komputasi dan penyimpanan data yang sangat besar                                                   power and data storage has directly triggered a surge
langsung memicu lonjakan permintaan atas data center                                               in demand for large-scale data centers equipped with
berskala besar dan berteknologi mutakhir. Data Statista                                            cutting-edge technology. Statista data estimates that the
memperkirakan nilai bisnis pusat data di Indonesia                                                 value of the data center business in Indonesia will reach
mencapai USD2,52 miliar pada tahun 2025.⁶                                                          US$2.52 billion by 2025.⁶

Tinjauan Operasi per Segmen Usaha                                                                  Operational Review by Business
                                                                                                   Segment
Di tengah dinamika ekonomi dan kompetisi industri,                                                 Amidst economic dynamics and industry competition,
Perseroan mempertahankan fokus pada kegiatan                                                       the Company maintains its focus on its cable
usaha telekomunikasi dengan kabel, penyedia layanan                                                telecommunications, internet service provider (ISP),
internet (ISP), jasa interkoneksi internet (NAP), dan                                              internet interconnection services (NAP), and data center
pusat data.                                                                                        businesses.

Pada segmen telekomunikasi kabel dan ISP, Perseroan                                                In the cable telecommunications and ISP segments, the
memperluas jaringan fiber dan mengoptimalkan                                                       Company is expanding its fiber network and optimizing
layanan pelanggan berbasis digital untuk mendukung                                                 digital-based customer services to support growing
pertumbuhan permintaan dari rumah tangga dan                                                       demand from households and enterprises. In the NAP
enterprise. Pada segmen NAP, Perseroan memainkan                                                   segment, the Company plays a key role in integrating
peran kunci dalam integrasi trafik antar operator sebagai                                          traffic between operators as a crucial part of national
bagian penting dari ketahanan jaringan nasional.                                                   network resilience. Meanwhile, the data center business
Sementara itu, bisnis data center mencatat pertumbuhan                                             recorded significant growth, driven by increasing cloud
signifikan, didorong peningkatan kebutuhan cloud dan                                               and cybersecurity needs among corporate customers.
keamanan siber pelanggan korporasi.

Peningkatan kapasitas infrastruktur yang berkualitas                                               Increasing high-quality and reliable infrastructure
tinggi dan andal bertujuan untuk mendukung kegiatan                                                capacity aims to support the Company’s business
usaha Perseroan, khususnya dalam memenuhi                                                          activities, particularly in meeting the growing need for
kebutuhan konektivitas yang terus meningkat. Kegiatan                                              connectivity. This business serves four main customer
usaha ini melayani empat segmen pelanggan utama,                                                   segments: Telco, Wholesale, Retail (which includes
yaitu Telco, Wholesale, Retail (yang mencakup Ritel dan                                            Retail and Enterprise), and other segments through
Enterprise), serta segmen lainnya melalui entitas anak.                                            its subsidiaries. The following is the historical revenue
Berikut ini kontribusi pendapatan historis dari setiap                                             contribution from each of the Company’s customer
segmen pelanggan Perseroan.                                                                        segments.




⁶https://swa.co.id/read/463295/pasar-data-center-ri-tumbuh-pesat-capai-us252-miliar-namun-masih-terkonsentrasi-di-jakarta




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       Pendapatan per Segmen Pelanggan                                                                    (dalam jutaan Rupiah)
       Revenue per Customer Segment                                                                       (in millions of Rupiah)


               Segmen Pelanggan
                                                   2025                    2024                          2023
               Customer Segment

       Telco                                       557.248                631.461                        681.321

       Wholesales                                  876.978                803.620                        613.861

       Retail and Enterprise                      1.340.336               1.111.565                     950.482

       Lainnya
                                                  1.225.656               1.431.542                     2.060.660
       Others

       Jumlah
                                                  4.000.218              3.978.188                     4.306.324
       Total



      Segmen Telco                                              Telco Segment

      Segmen Telco Perseroan menyediakan beragam layanan        The Company’s Telco segment provides a variety
      telekomunikasi yang dirancang untuk memenuhi              of telecommunications services designed to meet
      kebutuhan konektivitas dan solusi digital pelanggan       customers’ comprehensive connectivity and digital
      secara menyeluruh. Pada kategori Internet, Perseroan      solution needs. In the Internet category, the Company
      menawarkan layanan Dedicated Internet Access (DIA)        offers Dedicated Internet Access (DIA) and IP Transit
      dan IP Transit, serta layanan tambahan berupa Mora IXP.   services, as well as additional services in the form of Mora
      Pada kategori Connectivity, Perseroan menyediakan         IXP. In the Connectivity category, the Company provides
      berbagai layanan jaringan, meliputi International         various network services, including International Private
      Private Leased Circuit (IPLC), Domestic Leased Circuit    Leased Circuit (IPLC), Domestic Leased Circuit (DLC),
      (DLC), Leased Core, dan Crossconnect, serta layanan       Leased Core, and Crossconnect, as well as the additional
      tambahan Express Connect.                                 service Express Connect.

      Selanjutnya, pada kategori Data Center, Perseroan         Furthermore, in the Data Center category, the Company
      menyediakan layanan Collocation yang memungkinkan         provides Collocation services for customers to house
      pelanggan menempatkan infrastruktur teknologi             their information technology infrastructure in secure,
      informasi mereka di fasilitas pusat data yang             stable, and high-standard data center facilities. In
      aman, stabil, dan berstandar tinggi. Pada kategori        the Infrastructure category, the Company offers
      Infrastructure,    Perseroan     menawarkan     layanan   network infrastructure rental services in the form of
      penyewaan infrastruktur jaringan berupa sewa tiang        fiber optic pole rental (FO pole rental) and ducting
      fiber optik (FO pole rental) serta layanan ducting yang   services, currently available in the Semarang area, to
      saat ini tersedia di wilayah Semarang, guna mendukung     support the development and expansion of customers’
      pengembangan dan perluasan jaringan telekomunikasi        telecommunications networks. Furthermore, through the
      pelanggan. Selain itu, melalui kategori Solution,         Solution category, the Company offers various value-
      Perseroan menghadirkan berbagai solusi digital bernilai   added digital solutions, including Hospitality TV and
      tambah, antara lain layanan Hospitality TV dan Oxygen     Oxygen TV as add-on services that can be tailored to
      TV sebagai layanan tambahan (add-on) yang dapat           the needs of customers across various industry sectors.
      disesuaikan dengan kebutuhan pelanggan di berbagai
      sektor industri.




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                                                                                               Analysis




Kontribusi Segmen Telco terhadap Pendapatan Usaha
Telco Segment Contribution to Operating Revenues

                                                         2025                   2024                     2023
                   Keterangan
                                                       (Rp-Juta)              (Rp-Juta)                (Rp-Juta)
                   Description
                                                     (IDR-Million)          (IDR-Million)            (IDR-Million)
 Pendapatan Usaha Segmen
                                                       557.248                 631.461                     681.321
 Segment Operating Income

 Beban Segmen
                                                       (494.510)              (530.694)                   (486.069)
 Segment Expense

 Laba Kotor
                                                        62.738                 100.767                    195.252
 Gross Profit



Segmen Telco mencatatkan pertumbuhan pendapatan              The Telco segment recorded stable operating revenue
usaha yang stabil sepanjang 2025 meski menghadapi            growth throughout 2025 despite facing profitability
tekanan profitabilitas dengan Operating Income               pressures, with Operating Income declining compared
yang menurun dibandingkan periode sebelumnya.                to the previous period. This decline has driven strategic
Penurunan ini mendorong upaya strategis optimalisasi         cost optimization efforts to restore strong operating
biaya guna mengembalikan margin operasional yang             margins, while reinforcing the segment’s position as a
kuat, sekaligus memperkuat posisi segmen sebagai             sustainable contributor to future revenues.
kontributor revenues yang berkelanjutan di masa depan

Pendapatan yang berasal dari segmen Telco pada tahun         Revenue from the Telco segment for the year ended
yang berakhir tanggal 31 Desember 2025 menurun               December 31, 2025 decreased by IDR 74,213 million,
sebesar Rp74.213 juta atau 11,75% jika dibandingkan          or 11.75%, compared to the year ended December
dengan pada tahun yang berakhir tanggal 31 Desember          31, 2024. This was due to a shift in demand from
2024. Hal ini disebabkan oleh pengalihan permintaan          telecommunications customers from bandwidth leasing
pelanggan telekomunikasi dari sewa bandwidth ke sewa         to core leasing during 2025. Meanwhile, direct costs
core selama tahun 2025. Sedangkan beban langsung             in the same period decreased by IDR 36,184 million, or
pada periode yang sama mengalami penurunan                   6.82%, compared to the previous period. Gross profit
sebesar Rp36.184 juta atau 6,82% dibandingkan                decreased by IDR 38,028 million, or 37.74%, as of
periode sebelumnya. Laba kotor menurun sebesar               December 31, 2025 compared to the year ended
Rp38.028 juta atau 37,74% pada tanggal 31 Desember           December 31, 2024.
2025 jika dibandingkan dengan tahun yang berakhir
tanggal 31 Desember 2024.

Di tahun 2025, Segmen Telco berkontribusi sebesar            In 2025, the Telco segment contributed 13.93% to the
13,93% terhadap jumlah pendapatan usaha Perseroan.           Company’s total operating revenue.

Segmen Wholesale                                             Wholesale Segment

Segmen Wholesale menyediakan berbagai layanan                The Wholesale segment provides a comprehensive range
telekomunikasi yang komprehensif untuk mendukung             of telecommunications services to support the needs of
kebutuhan operator, penyedia layanan, serta pelanggan        operators, service providers, and large-scale corporate
korporasi berskala besar. Pada kategori Internet, segmen     customers. In the Internet category, this segment offers
ini menawarkan layanan Dedicated Internet Access (DIA),      Dedicated Internet Access (DIA), IP Transit, Oxygen
IP Transit, Oxygen Pro dan Oxygen Biz, serta MoNICA          Pro, and Oxygen Biz, as well as MoNICA as a network
sebagai solusi pemantauan jaringan. Selain itu, tersedia     monitoring solution. Additionally, the Mora IXP add-on
layanan tambahan Mora IXP (add-on) yang mendukung            service supports efficient and reliable internet traffic
pertukaran trafik internet secara efisien dan andal.         exchange.




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      Pada kategori Connectivity, segmen Wholesale                 In the Connectivity category, the Wholesale segment
      menyediakan layanan jaringan yang lengkap, meliputi          provides comprehensive network services, including
      International Private Leased Circuit (IPLC), Domestic        International Private Leased Circuit (IPLC), Domestic
      Leased Circuit (DLC), Leased Core, dan Crossconnect.         Leased Circuit (DLC), Leased Core, and Crossconnect.
      Sebagai pelengkap, tersedia layanan tambahan                 Additionally, the Express Connect and ID-REN Connect
      Express Connect dan ID-REN Connect (add-on) yang             add-on services enable direct connectivity with high
      memungkinkan konektivitas langsung dengan performa           performance and low latency.
      tinggi dan latensi rendah.

      Selanjutnya, pada kategori Data Center, segmen               Furthermore, in the Data Center category, the Wholesale
      Wholesale menyediakan layanan Collocation yang               segment provides Collocation services, enabling
      memungkinkan pelanggan menempatkan perangkat                 customers to place information technology equipment
      dan infrastruktur teknologi informasi di fasilitas pusat     and infrastructure in secure and reliable data center
      data yang aman dan andal.                                    facilities.

      Pada kategori Infrastruktur, segmen ini menawarkan           In the Infrastructure category, this segment offers
      layanan penyewaan infrastruktur jaringan berupa sewa         network infrastructure rental services in the form of
      tiang fiber optik (FO pole rental) serta layanan ducting     fiber optic pole rentals (FO pole rentals) and ducting
      yang saat ini tersedia di wilayah Semarang, guna             services, currently available in the Semarang area, to
      mendukung pengembangan dan perluasan jaringan                support the development and expansion of customers’
      telekomunikasi pelanggan.                                    telecommunications networks.

      Selain itu, melalui kategori Solution, segmen Wholesale      Furthermore, through the Solution category, the
      menghadirkan berbagai solusi bernilai tambah, antara         Wholesale segment offers various value-added solutions,
      lain layanan Managed Service dan Oxygen TV sebagai           including Managed Services and Oxygen TV as add-on
      layanan tambahan (add-on), yang dapat disesuaikan            services, which can be tailored to customers’ operational
      dengan kebutuhan operasional dan bisnis pelanggan.           and business needs.


      Kontribusi Segmen Wholesale terhadap Pendapatan Usaha
      Wholesale Segment’s Contribution to Operating Income

                                                               2025                   2024                    2023
                          Keterangan
                                                             (Rp-Juta)              (Rp-Juta)               (Rp-Juta)
                          Description
                                                           (IDR-Million)          (IDR-Million)           (IDR-Million)
       Pendapatan Usaha Segmen
                                                             876.978                 803.620                 613.861
       Segment Operating Income

       Beban Segmen
                                                             (446.514)              (319.284)               (244.105)
       Segment Expense

       Laba Kotor
                                                             430.464                 484.336                369.756
       Gross Profit


      Segmen Wholesale terus menghasilkan kinerja profitabel       The Wholesale segment continued to deliver consistently
      yang konsisten sepanjang tahun 2025, dengan Operating        profitable performance throughout 2025, with stable
      Income yang stabil di tengah dinamika pasar yang penuh       Operating Income amid challenging market dynamics.
      tantangan. Hal ini didukung oleh pengelolaan biaya yang      This was supported by optimal cost management and
      optimal serta kemampuan adaptasi terhadap fluktuasi          the ability to adapt to demand fluctuations, thereby
      permintaan, sehingga memperkuat kontribusi terhadap          strengthening its contribution to the Company’s overall
      operating revenues Perseroan secara keseluruhan dan          operating revenues and positioning it as a pillar of
      menjadi pilar pertumbuhan berkelanjutan ke depan.            sustainable growth going forward.




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                                                                            Analisis dan Pembahasan
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                                                                          Management Discussion and
                                                                                            Analysis




Pendapatan yang berasal dari segmen Wholesale             Revenue from the Wholesale segment for the year ended
pada tahun yang berakhir tanggal 31 Desember 2025         December 31, 2025 increased by IDR 73,357 million, or
meningkat sebesar Rp73.357 juta atau 9,13% jika           9.13%, compared to the year ended December 31, 2024.
dibandingkan dengan pada tahun yang berakhir tanggal      This increase was driven by higher demand volume
31 Desember 2024. Hal ini disebabkan oleh kenaikan        for bandwidth capacity, particularly from international
volume permintaan volume kapasitas bandwidth              customers. Meanwhile, direct costs in the same period
khususnya untuk pelanggan internasional. Sedangkan        increased by IDR 127,230 million, or 39.85%, compared
beban langsung pada periode yang sama mengalami           to the previous period. Gross profit decreased by
peningkatan sebesar Rp127.230 juta atau 39,85%            IDR 53,872 million, or 11.12%, for the year ended December
dibandingkan periode sebelumnya. Laba kotor menurun       31, 2025 compared to the year ended December 31,
sebesar Rp53.872 juta atau 11,12% pada tahun yang         2024.
berakhir tanggal 31 Desember 2025 jika dibandingkan
dengan tahun yang berakhir tanggal 31 Desember 2024.

Di tahun 2025, Segmen Wholesale berkontribusi sebesar     In 2025, the Wholesale segment contributed 21.92% to
21,92% terhadap jumlah pendapatan usaha Perseroan.        the Company’s total operating revenue.

Segmen Retail                                             Retail Segment

Segmen ini terdiri dari Segmen Enterprise dan Retail.     This segment consists of the Retail and Enterprise
                                                          Segments.

A. Segmen Enterprise terdiri dari:                        A. The Enterprise segment consists of:

1. Enterprise                                             1. Enterprise
   Perseroan      menyediakan     rangkaian    layanan       The Company’s provides a comprehensive range of
   telekomunikasi dan solusi digital yang komprehensif       telecommunications services and digital solutions to
   untuk memenuhi kebutuhan organisasi dan                   meet the needs of large organizations and enterprises
   perusahaan berskala besar dalam mendukung                 to support complex and integrated business
   operasional bisnis yang kompleks dan terintegrasi.        operations. In the Internet category, the Company
   Pada kategori Internet, Perseroan menawarkan              offers Dedicated Internet Access (DIA), IP Transit, and
   layanan Dedicated Internet Access (DIA), IP Transit,      the Oxygen Pro, Oxygen Biz, and Oxygen Biz StartUp
   serta paket layanan Oxygen Pro, Oxygen Biz,               service packages designed to deliver high-speed,
   dan Oxygen Biz StartUp yang dirancang untuk               stable, and reliable connectivity.
   menghadirkan konektivitas berkecepatan tinggi,
   stabil, dan andal.

  Selain itu, tersedia layanan tambahan Mora IXP (add-      Furthermore, the Mora IXP add-on service supports
  on) yang mendukung pertukaran trafik internet secara      efficient and optimal internet traffic exchange. In the
  efisien dan optimal. Pada kategori Connectivity,          Connectivity category, the Company provides Domestic
  Perseroan menyediakan layanan Domestic Leased             Leased Circuit (DLC), Leased Core, and Crossconnect
  Circuit (DLC), Leased Core, dan Crossconnect guna         services to ensure secure and sustainable network
  memastikan konektivitas jaringan yang aman dan            connectivity. As a complement, the Express Connect
  berkelanjutan. Sebagai pelengkap, tersedia layanan        and IDREN Connect add-on services are available,
  tambahan Express Connect dan IDREN Connect                enabling high-performance direct connectivity and
  (add-on) yang memungkinkan konektivitas langsung          supporting access to research and education networks.
  dengan performa tinggi serta dukungan akses ke
  jaringan riset dan edukasi.




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         Selanjutnya, pada kategori Data Center, Perseroan            Furthermore, in the Data Center category, the
         menyediakan layanan Collocation untuk penempatan             Company provides Collocation services for the
         infrastruktur   teknologi    informasi    pelanggan,         placement of customers’ information technology
         serta layanan tambahan berupa Virtual Private                infrastructure, as well as additional services such
         Server (VPS), Domain, dan Hosting (add-on) yang              as Virtual Private Servers (VPS), Domains, and
         mendukung kebutuhan pengelolaan sistem dan                   Hosting (add-ons) to support flexible and efficient
         aplikasi perusahaan secara fleksibel dan efisien.            management of corporate systems and applications.

         Pada kategori Infrastruktur, Perseroan menawarkan            In the Infrastructure category, the Company offers
         layanan penyewaan tiang fiber optik (FO pole rental)         fiber optic pole rental services (FO pole rental) to
         sebagai bagian dari dukungan pengembangan dan                support the development and expansion of customers’
         perluasan jaringan telekomunikasi pelanggan.                 telecommunications networks.

         Selain itu, melalui kategori Solution, segmen Enterprise     Furthermore, through the Solution category, the
         menghadirkan berbagai solusi bernilai tambah yang            Enterprise segment offers various value-added
         dirancang untuk meningkatkan efisiensi, keamanan,            solutions designed to improve the efficiency, security,
         dan kualitas layanan bisnis, antara lain layanan sewa        and quality of business services. These include
         access point, managed service, Oxygen TV, fixed              access point rentals, managed services, Oxygen TV,
         telephony, managed WiFi, IP Camera, managed                  fixed telephony, managed WiFi, IP cameras, managed
         SD-WAN, Hospitality TV, Oxygen Access Manager                SD-WAN, Hospitality TV, Oxygen Access Manager
         (OAM), serta solusi keamanan siber Cyber Security            (OAM), and the cybersecurity solution Cyber Security
         (XSECURE) sebagai layanan tambahan (add-on)                  (XSECURE) as an add-on service that can be adjusted
         yang dapat disesuaikan dengan kebutuhan dan                  to the needs and complexity of customers’ operations.
         kompleksitas operasional pelanggan.

      2. Small Medium Enterprise (SME)                              2. Small Medium Enterprise (SME)
         Perseroan     menyediakan       berbagai    layanan           The     Company’s        provides     a    variety  of
         telekomunikasi dan solusi digital yang dirancang              telecommunications services and digital solutions
         untuk mendukung kebutuhan usaha kecil dan                     designed to support the needs of small and
         menengah dalam meningkatkan konektivitas,                     medium-sized businesses in improving connectivity,
         efisiensi operasional, serta keamanan teknologi               operational efficiency, and information technology
         informasi. Pada kategori Internet, Perseroan                  security. In the Internet category, the Company offers
         menawarkan layanan Dedicated Internet Access                  Dedicated Internet Access (DIA), IP Transit, and
         (DIA), IP Transit, serta paket layanan Oxygen Pro,            Oxygen Pro, Oxygen Biz, and Oxygen Biz StartUp
         Oxygen Biz, dan Oxygen Biz StartUp yang disesuaikan           service packages tailored to the needs and scale of
         dengan kebutuhan dan skala bisnis SME. Selain itu,            SME businesses. Additionally, the Mora IXP add-on
         tersedia layanan tambahan Mora IXP (add-on) yang              service supports optimal internet traffic exchange.
         mendukung pertukaran trafik internet secara optimal.

         Pada kategori Connectivity, Perseroan menyediakan            In the Connectivity category, the Company provides
         layanan Domestic Leased Circuit (DLC) dan                    Domestic Leased Circuit (DLC) and Crossconnect
         Crossconnect untuk mendukung koneksi jaringan                services to support stable and reliable network
         yang stabil dan andal, serta layanan tambahan                connections, as well as the Express Connect add-
         Express Connect (add-on) guna menghadirkan                   on service to provide high-performance direct
         konektivitas langsung dengan performa tinggi.                connectivity.

         Selanjutnya, pada kategori Data Center, Perseroan            Furthermore, in the Data Center category, the
         menyediakan layanan Collocation sebagai solusi               Company provides Collocation services as a solution
         penempatan perangkat TI pelanggan, serta                     for placing customer IT equipment, as well as various
         berbagai layanan tambahan berupa Virtual Private             additional services such as Virtual Private Servers
         Server (VPS), Domain, dan Hosting (add-on) yang              (VPS), Domains, and Hosting (add-ons) to support
         mendukung kebutuhan infrastruktur digital SME                SMEs’ digital infrastructure needs flexibly and
         secara fleksibel dan efisien.                                efficiently.

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                                                                                   Analisis dan Pembahasan
                                                                                                 Manajemen
                                                                                 Management Discussion and
                                                                                                   Analysis




   Selain itu, melalui kategori Solution, Perseroan                 Furthermore, through the Solutions category, the
   menghadirkan beragam solusi bernilai tambah                      Company offers a variety of value-added solutions to
   untuk menunjang operasional bisnis SME, antara                   support SME business operations, including access
   lain layanan sewa access point, managed service,                 point rental services, managed services, Oxygen TV,
   Oxygen TV, fixed telephony, managed WiFi, serta                  fixed telephony, managed WiFi, and Cyber Security
   solusi keamanan siber Cyber Security (XSECURE)                   (XSECURE) as an add-on service that can be tailored
   sebagai layanan tambahan (add-on) yang dapat                     to customers’ needs and business development.
   disesuaikan dengan kebutuhan dan perkembangan
   usaha pelanggan.

B. Segmen Retail/Home                                         B. Retail Segment/Home
   Pada retail/home, Perusahaan menyediakan layanan              In the retail/home segment, the Company provides
   konektivitas dan hiburan digital yang terintegrasi            integrated digital connectivity and entertainment
   melalui berbagai pilihan produk. Layanan Internet             services through a variety of product options. Internet
   Only ditawarkan melalui paket STREAM dengan                   Only services are offered through the STREAM
   kecepatan hingga 100 Mbps, 150 Mbps, dan 200                  package with speeds of up to 100 Mbps, 150 Mbps,
   Mbps untuk memenuhi kebutuhan internet rumah                  and 200 Mbps to meet household internet needs.
   tangga.

   Selain itu, Perusahaan menghadirkan paket Internet               In addition, the Company offers Internet Bundling
   Bundling melalui Stream+ dengan tambahan                         packages through Stream+ with an additional ATV
   perangkat STB ATV dan akses OTT, serta Stream+                   STB device and OTT access, as well as Stream+
   Premium yang dilengkapi STB Xstream Transvision.                 Premium equipped with an Xstream Transvision STB.
   Paket ini dirancang untuk memberikan nilai tambah                These packages are designed to provide added value
   berupa layanan hiburan digital yang komprehensif.                in the form of comprehensive digital entertainment
                                                                    services.

   Perusahaan juga menyediakan layanan tambahan                     The Company also provides add-on services in
   (add-on) berupa perangkat STB, akses OTT seperti                 the form of STB devices, OTT access such as Vidio
   Vidio dan Vision+, serta WiFi router berbasis teknologi          and Vision+, as well as Aruba-based WiFi routers to
   Aruba guna mendukung kualitas jaringan yang optimal.             support optimal network quality.


 Kontribusi Segmen Retail terhadap Pendapatan Usaha
 Retail Segment Contribution to Operating Income

                                                          2025                      2024                     2023
                   Keterangan
                                                        (Rp-Juta)                 (Rp-Juta)                (Rp-Juta)
                   Description
                                                      (IDR-Million)             (IDR-Million)            (IDR-Million)

 Pendapatan Usaha Segmen
                                                        1.340.336                 1.111.565                   950.482
 Segment Operating Income

 Beban Segmen
                                                        (414.554)                 (349.192)                   (299.936)
 Segment Expense

 Laba Kotor
                                                         925.782                   762.372                    650.545
 Gross Profit


Segmen Retail menunjukkan momentum positif                    The Retail segment demonstrated positive momentum
sepanjang 2025 dengan pertumbuhan pendapatan                  throughout 2025, with consistent growth in operating
usaha yang konsisten, mencerminkan ketahanan di pasar         revenue, reflecting resilience in a competitive market.
kompetitif. Perkembangan ini didorong peningkatan             This development was driven by increased transaction
volume transaksi serta efisiensi biaya dan operasional        volume as well as cost and operational efficiencies,
yang menjadikannya pondasi strategis untuk ekspansi           positioning it as a strategic foundation for future
ke depan.                                                     expansion.


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      Pendapatan yang berasal dari segmen Retail pada tahun      Revenue from the Retail segment for the year ended
      yang berakhir tanggal 31 Desember 2025 meningkat           December 31, 2025 increased by IDR 228,771 million, or
      sebesar Rp228.771 juta atau 20,58% jika dibandingkan       20.58%, compared to the year ended December 31, 2024.
      dengan pada tahun yang berakhir tanggal 31 Desember        This increase was driven by a significant rise in demand
      2024. Hal ini disebabkan oleh peningkatan permintaan       for internet capacity, particularly from MSME customers
      volume kapasitas internet yang cukup signifikan            and FTTH (fiber to the home). Meanwhile, direct costs
      terutama untuk customer UMKM dan Fiber To The              in the same period also increased by IDR 65,361 million,
      Home (FTTH), sedangkan beban langsung pada periode         or 18.72%, compared to the previous period. Gross profit
      yang sama juga meningkat sebesar Rp65.361 juta atau        increased by IDR 163,409 million, or 21.43%, for the year
      18,72% dibandingkan periode sebelumnya. Laba kotor         ended December 31, 2025 compared to the year ended
      meningkat sebesar Rp163.409 juta atau 21,43% pada          December 31, 2024.
      tahun yang berakhir tanggal 31 Desember 2025 jika
      dibandingkan dengan tahun yang berakhir tanggal 31
      Desember 2024.

      Di tahun 2025, segmen Retail dan Enterprise                In 2025, the Retail and Enterprise segments contributed
      berkontribusi sebesar 33,51% terhadap jumlah               33.51% to the Company’s total operating revenue.
      pendapatan usaha Perseroan.

      Segmen Lainnya                                             Other Segments

      Segmen lainnya merupakan pendapatan konstruksi dan         Other segments represent construction revenue
      pendapatan keuangan dari konsesi jasa atas entitas         and financial income from service concessions for
      anak, PT Palapa Ring Barat (PRB) dan PT Palapa Timur       subsidiaries, PT Palapa Ring Barat (PRB) and PT
      Telematika (PTT) sesuai dengan implementasi ISAK 16        Palapa Timur Telematika (PTT), in accordance with
      mengenai “Konsesi Jasa”. Proyek Palapa Ring Paket          the implementation of ISAK 16 concerning “Service
      Barat dan Timur merupakan operasi kerjasama dengan         Concessions.” The Palapa Ring West and East Package
      Kementerian Komunikasi dan Informatika Republik            Project is a collaborative operation with the Ministry
      Indonesia (Kominfo) (saat ini bernama Kementerian          of Communication and Information of the Republic of
      Komunikasi dan Digital (Komdigi)) yang bertujuan untuk     Indonesia (Kominfo) (currently known as the Ministry
      membangun dan mengelola jaringan tulang punggung           of Communication and Digital (Komdigi) which aims to
      serat optik di wilayah barat dan timur Indonesia. Segmen   build and manage a fiber optic backbone network in
      lainnya juga mencakup pendapatan kontraktor entitas        the western and eastern regions of Indonesia. Other
      anak, PT Oxygen Infrastruktur Indonesia, yang dibentuk     segments also include revenue from the subsidiary
      dalam rangka memenuhi kebutuhan pelanggan untuk            contractor, PT Oxygen Infrastruktur Indonesia, which
      pekerjaan pembangunan jaringan fiber optic. serta          was formed to meet customer needs for fiber optic
      pendapatan dari anak usaha PT Indo Pratama Teleglobal      network construction work, as well as revenue from the
      yang bergerak dalam bidang usaha jasa satelit.             subsidiary PT Indo Pratama Teleglobal which is engaged
                                                                 in the satellite services business.




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                                                                            Analisis dan Pembahasan
                                                                                          Manajemen
                                                                          Management Discussion and
                                                                                            Analysis




 Kontribusi Segmen Lainnya terhadap Pendapatan Usaha
 Contribution of Other Segments to Operating Revenues

                                                      2025                   2024                     2023
                   Keterangan
                                                    (Rp-Juta)              (Rp-Juta)                (Rp-Juta)
                   Description
                                                  (IDR-Million)          (IDR-Million)            (IDR-Million)

 Pendapatan Usaha Segmen
                                                    1.225.656              1.431.542                2.060.660
 Segment Operating Income

 Beban Segmen
                                                    (277.560)              (453.184)                   (751.280)
 Segment Expense

 Laba Kotor
                                                    948.096                 978.358                    1.309.380
 Gross Profit



Segmen lainnya menunjukkan kinerja solid pada 2025        The Other segment demonstrated solid performance
dengan pendapatan usaha yang terjaga dan laba             in 2025, with maintained operating revenue and stable
operasional stabil, didukung pengendalian biaya kuat      operating profit, supported by strong cost control as a
sebagai pondasi pertumbuhan jangka panjang.               foundation for long-term growth.

Pendapatan yang berasal dari segmen Lainnya pada          Revenue from the Other segment for the year ended
tahun yang berakhir tanggal 31 Desember 2025 menurun      December 31, 2025 decreased by IDR 205,886 million,
sebesar Rp205.886 juta atau 14,38% jika dibandingkan      or 14.38%, compared to the year ended December
dengan tahun yang berakhir tanggal 31 Desember 2024       31, 2024, due to a decline in demand for leased VSAT
dikarenakan penurunan permintaan leased capacity          capacity. Meanwhile, direct costs in the same period
VSAT. Sedangkan beban langsung pada periode yang          also decreased by IDR 175,264 million, or 38.75%. Gross
sama juga menurun sebesar Rp175.264 juta atau 38,75%.     profit decreased by IDR 30,261 million, or 3.09%, for the
Laba kotor menurun sebesar Rp30.261 juta atau 3,09%       year ended December 31, 2025 compared to the year
pada tahun yang berakhir tanggal 31 Desember 2025         ended December 31, 2024.
jika dibandingkan dengan tahun yang berakhir tanggal
31 Desember 2024.

Di tahun 2025, Segmen Lainnya berkontribusi sebesar       In 2025, the Other segment contributed 30.64% to the
30,64% terhadap jumlah pendapatan usaha Perseroan.        Company’s total operating revenue.




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      Tinjauan Keuangan
      Financial Review

       Aset, Liabilitas, dan Ekuitas Konsolidasi Perseroan
       Consolidated Assets, Liabilities, and Equity of the Company

                                                                                                   Kenaikan/Penurunan
                                                                                                    Increase/Decrease
                                                             2025            2024
                        Keterangan
                                                           (Rp-Juta/       (Rp-Juta/            Nominal
                        Description
                                                          IDR-Million)    IDR-Million)         (Rp-Juta)         Persentase
                                                                                                 Value           Percentage
                                                                                             (IDR-Million)
       Aset/Assets

         - Aset Lancar/Current Assets                      3.814.651        4.034.095          (219.444)           (5,44%)

         - Aset Tidak Lancar/Non-Current Assets            10.945.704      10.620.052          325.653              3,07%

       Jumlah Aset/Total Assets                           14.760.355       14.654.147          106.208              0,72%

       Liabilitas dan Ekuitas/Liabilities and Equity

         - Liabilitas Jangka Pendek/Current Liabilities    2.332.640        2.557.678          (225.036)           (8,80%)

         - Liabilitas Jangka Panjang/Non-Current
                                                           4.513.585        4.706.231          (192.647)           (4,09%)
           Liabilities

       Jumlah Liabilitas/Total Liabilities                 6.846.225        7.263.909          (417.683)           (5,75%)

       Ekuitas/Equity                                      7.914.130        7.390.238          523.891              7,09%

       Jumlah Liabilitas dan Ekuitas/
                                                          14.760.355       14.654.147          106.208              0,72%
       Total Liabilities and Equity



      Aset                                                               Assets
      Total aset Perseroan mengalami peningkatan 0,72%                   Total assets of the Company increased by 0.72%, or
      atau sebesar Rp106.208 juta, dari Rp14.654.147 juta per            IDR 106,208 million, from IDR 14,654,147 million as of
      31 Desember 2024 menjadi Rp14.760.355 juta per 31                  December 31, 2024 to IDR 14,760,355 million as of
      Desember 2025.                                                     December 31, 2025.

      Aset lancar mengalami penurunan sebesar Rp219.444                  Current assets decreased by IDR 219,444 million, or
      juta atau setara dengan 5,44%. Sedangkan aset tidak                5.44%. Meanwhile, non-current assets increased by
      lancar meningkat sebesar Rp325.653 juta atau setara                IDR 325,653 million, or 3.07%. This was driven by the
      dengan 3,07%. Hal ini disebabkan oleh realisasi belanja            realization of capital expenditure (CAPEX) undertaken by
      modal (CAPEX) yang dilakukan Perseroan di tahun 2025               the Company in 2025 to support business development
      guna mendukung pengembangan dan operasional                        and operations.
      usaha.

      Aset Lancar                                                        Current Assets
      Aset Lancar Perseroan tercatat sebesar Rp3.814.651                 The Company’s current assets amounted to IDR
      juta pada 31 Desember 2025, turun 5,44% dibandingkan               3,814,651 million as of December 31, 2025, a decrease of
      tahun 2024 sebesar Rp4.034.095 juta. Penurunan aset                5.44% compared to IDR 4,034,095 million in 2024. This
      lancar ini disebabkan karena penurunan kas dan bank                decrease in current assets was due to a decline in cash
      terkait pelunasan utang bank dan sukuk ijarah yang                 and bank balances resulting from the repayment of bank
      jatuh tempo pada tahun 2025.                                       debt and sukuk ijarah maturing in 2025.




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                                                                             Analisis dan Pembahasan
                                                                                           Manajemen
                                                                           Management Discussion and
                                                                                             Analysis




Aset Tidak Lancar                                         Non-Current Assets

Pada 31 Desember 2025, aset tidak lancar Perseroan        As of December 31, 2025, the Company’s non-current
tercatat sebesar Rp10.945.704 juta, menunjukkan           assets were recorded at IDR 10,945,704 million,
peningkatan sebesar Rp325.653 juta atau 3,07%             reflecting an increase of IDR 325,653 million, or 3.07%,
dibandingkan dengan posisi per 31 Desember 2024           compared to IDR 10,620,052 million as of December 31,
sebesar Rp10.620.052 juta. Peningkatan tersebut           2024. This increase was primarily driven by the growth in
utamanya dipicu oleh peningkatan aset tetap Perseroan     the Company’s fixed assets, including the development
berupa pengembangan jaringan backbone dan fiber           of backbone and fiber to the home (FTTH) networks,
to the home (FTTH), upgrade kapasitas bandwith dan        bandwidth capacity upgrades, and the establishment of
membangun cabang-cabang baru di beberapa kota             new branches in several major cities in Indonesia during
besar di Indonesia selama tahun 2025.                     2025.

Liabilitas                                                Liabilities

Jumlah liabilitas Perseroan per 31 Desember 2025          Total liabilities of the Company as of December 31, 2025
tercatat sebesar Rp6.846.225 juta, menunjukkan            were recorded at IDR 6,846,225 million, representing a
penurunan sebesar Rp417.683 juta atau 5,75%               decrease of IDR 417,683 million, or 5.75%, compared to
dibandingkan posisi per 31 Desember 2024 yang             IDR 7,263,909 million as of December 31, 2024.
mencapai Rp7.263.909 juta.

Penurunan liabilitas terutama didorong oleh penurunan     The decrease in liabilities was mainly driven by a
signifikan pada liabilitas jangka pendek sebesar          significant reduction in current liabilities of IDR 225,036
Rp225.036 juta atau 8,80%. Sementara pada liabilitas      million, or 8.80%. Meanwhile, non-current liabilities
jangka panjang, terjadi penurunan sebesar Rp192.647       decreased by IDR 192,647 million, or 4.09%, compared
juta atau 4,09% dibandingkan tahun 2024.                  to 2024.



Liabilitas Jangka Pendek                                  Current Liabilities

Liabilitas jangka     pendek      Perseroan   per   31    The Company’s current liabilities as of December 31,
Desember 2025 menunjukkan penurunan sebesar               2025 decreased by IDR 225,036 million, or 8.80%, to
Rp225.036 juta, atau setara dengan 8,80%, menjadi         IDR 2,332,640 million, compared to IDR 2,557,678 million
Rp2.332.640 juta. Posisi ini lebih rendah dibandingkan    as of December 31, 2024. This decrease was mainly due
dengan Rp2.557.678 juta per 31 Desember 2024.             to the settlement of trade payables from a subsidiary
Penurunan tersebut utamanya disebabkan oleh               PT Indo Pratama Teleglobal (IPT).
pelunasan utang usaha dari entitas anak PT Indo
Pratama Teleglobal (IPT).

Liabilitas Jangka Panjang                                 Non-Current Liabilities

Liabilitas jangka panjang Perseroan per 31 Desember       The Company’s non-current liabilities as of December
2025 mengalami penurunan sebesar Rp192.647 juta           31, 2025 decreased by IDR 192,647 million, or 4.09%, to
atau setara dengan 4,09%, menjadi sebesar sebesar         IDR 4,513,585 million, compared to IDR 4,706,231 million
Rp4.513.585 juta jika dibandingkan dengan liabilitas      as of December 31, 2024. This was primarily due to
jangka panjang per 31 Desember 2024 sebesar               Shelf Registration Ijarah Sukuk I Phase IV series B and
Rp4.706.231 juta. Hal tersebut terutama disebabkan        Shelf Registration Ijarah Sukuk II Phase I series A, which
oleh utang Sukuk Ijarah Berkelanjutan I Tahap IV seri     matured in May 2025 and July 2025, respectively, with a
B dan Sukuk Ijarah Berkelanjutan II Tahap I seri A yang   total amount of IDR 493,500 million, being recorded as
jatuh tempo masing-masing pada bulan Mei 2025 dan         the current portion of long-term liabilities.
Juli 2025 dengan total sebesar Rp493.500 juta yang
dicatat sebagai bagian liabilitas jangka panjang yang
akan jatuh tempo dalam waktu satu tahun.

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      Ekuitas                                                          Equity

      Ekuitas Perseroan per 31 Desember 2025 mengalami                 The Company’s equity as of December 31, 2025 increased
      peningkatan sebesar Rp523.891 juta atau setara                   by IDR 523,891 million, or 7.09%, to IDR 7,914,130 million,
      dengan 7,09% menjadi sebesar Rp7.914.130 juta, jika              compared to IDR 7,390,238 million as of December 31,
      dibandingkan dengan jumlah ekuitas per 31 Desember               2024. This increase was attributable to the Company
      2024 sebesar Rp7.390.238 juta. Peningkatan tersebut              recording comprehensive income of IDR 525,146 million
      karena pada 31 Desember 2025 Perseroan mencatatkan               as of December 31, 2025.
      penghasilan komprehensif sebesar Rp525.146 juta.

      Laporan Laba Rugi Konsolidasi                                    Consolidated Profit and Loss
                                                                       Statement

                                                                                                   Kenaikan/Penurunan
                                                                                                    Increase/Decrease
                                                           2025              2024
                           Keterangan
                                                         (Rp-Juta/         (Rp-Juta/            Nominal
                           Description
                                                        IDR-Million)      IDR-Million)         (Rp-Juta)         Persentase
                                                                                                 Value           Percentage
                                                                                             (IDR-Million)
       Pendapatan
                                                         4.000.218          3.978.188           22.029              0,55%
       Revenue

       Beban Langsung
                                                         (1.633.138)       (1.652.355)          (19.217)            (1,16%)
       Direct Costs

       Laba Kotor
                                                         2.367.080         2.325.833            41.247               1,77%
       Gross Profit

       Beban Usaha
                                                         (1.247.796)       (1.259.772)          (11.976)            (0,95%)
       Operating Expense

       Laba Usaha
                                                          1.119.284         1.066.061           53.223              4,99%
       Operating Profit

       Beban Lain-Lain-Bersih
                                                         (438.986)         (544.224)           (105.238)           (19,34%)
       Other Expenses-Net

       Laba Sebelum Pajak Final dan Pajak Penghasilan
                                                          680.298           521.837             158.461             30,37%
       Profit Before Final Tax and Income Tax

       Beban Pajak Final
                                                           1.672              204                1.468              719,61%
       Final Tax Expense

       Laba Sebelum Pajak Penghasilan
                                                          678.626           521.633             156.991             30,10%
       Profit Before Income Tax

       Beban Pajak-Bersih
                                                          162.770           259.065            (96.295)             (37,17%)
       Tax Expense-Net

       Laba Tahun Berjalan
                                                          515.856           262.568            253.288              96,47%
       Profit for the Year

       Penghasilan (Rugi) Komprehensif Lain Setelah
       Pajak                                               9.290            203.714            (194.424)           (95,43%)
       Other Comprehensive Income (Loss) After Tax

       Jumlah Penghasilan Komprehensif
                                                          525.146           466.282             58,864              12,62%
       Total Comprehensive Income

       Laba Tahun Berjalan per Saham Dasar (Rupiah
       Penuh)                                                18                10                  8                80,0%
       Earnings for the Year per Share (Full Rupiah)




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                                                                              Analisis dan Pembahasan
                                                                                            Manajemen
                                                                            Management Discussion and
                                                                                              Analysis




Pendapatan                                                 Revenue

Hingga 31 Desember 2025, pendapatan usaha                  As of December 31, 2025, the Company’s operating
Perseroan tercatat sebesar Rp4.000.218 juta. Jumlah ini    revenue was recorded at IDR 4,000,218 million. This
menunjukkan peningkatan sebesar Rp22.029 juta atau         represents an increase of IDR 22,029 million, or 0.55%,
0,55% dibandingkan dengan realisasi tahun 2024 yang        compared to the 2024 realization of IDR 3,978,188 million.
mencapai Rp3.978.188 juta. Peningkatan ini terutama        This increase was primarily driven by a significant rise in
disebabkan oleh volume kapasitas internet yang cukup       internet capacity volume, as the Company has upgraded
signifikan karena Perseroan sudah melakukan upgrade        its backbone and access telecommunications network
kapasitas jaringan telekomunikasi backbone dan access      capacity, resulting in higher revenue, particularly in the
sehingga menyebabkan adanya kenaikan pendapatan,           wholesale, enterprise, and retail segments, which grew
khususnya di segmen wholesale, enterprise dan retail       by 9.13% and 20.58%, respectively, compared to 2024.
sebesar 9,13% dan 20,58% jika dibandingkan dengan
tahun 2024.

Beban Langsung                                             Direct Costs

Beban langsung Perseroan mengalami penurunan               The Company’s direct costs decreased by IDR 19,217
sebesar Rp19.217 juta atau 1,16% menjadi Rp1.633.138       million or 1.16%, to IDR 1,633,138 million as of December
juta per 31 Desember 2025. Angka ini lebih rendah          31, 2025. This figure is lower than the previous year’s
dibandingkan beban langsung tahun sebelumnya               direct costs of IDR 1,652,355 million. This change was
yang tercatat sebesar Rp1.652.355 juta. Perubahan ini      mainly due to a decrease in VSAT expenses using third-
terutama disebabkan oleh penurunan dari beban VSAT         party services, which declined by IDR 256,530 million,
yang menggunakan jasa ke pihak ketiga mengalami            or 77%.
penurunan sebesar Rp256.530 juta atau sebesar 77%.

Beban Lain-Lain – Bersih                                   Other Expenses – Net

Beban lain-lain bersih Perseroan tercatat sebesar          The Company’s other expenses – net amounted to IDR
Rp438.986 juta pada 31 Desember 2025. Jumlah tersebut      438,986 million as of December 31, 2025. This reflects
menunjukkan penurunan sebesar Rp105.238 juta atau          a decrease of IDR 105,238 million or 19.34%, compared
19,34% dibandingkan dengan tahun sebelumnya yang           to IDR 544,224 million in the previous year. The decline
sebesar Rp544.224 juta. Penurunan beban lain-lain          in other expenses – net was primarily driven by lower
bersih ini terutama dipicu oleh menurunnya beban           interest expenses on bank loans and sukuk ijarah that
bunga atas pokok utang bank dan sukuk ijarah yang          had been repaid.
telah dilunasi.

Laba Bersih Tahun Berjalan                                 Net Profit for the Year

Per 31 Desember 2025, laba bersih Perseroan                As of December 31, 2025, the Company’s net income
mengalami peningkatan sebesar Rp253.288 juta atau          increased by IDR 253,288 million, or 96.47%, to
setara dengan 96,47% menjadi sebesar Rp515.856             IDR 515,856 million, compared to IDR 262,568 million in
juta bila dibandingkan dengan laba bersih tahun 2024       2024. This was due to the increase in the Company’s
sebesar Rp262.568 juta dikarenakan meningkatnya            revenue in 2025 of IDR 22,029 million, or 0.55%. In
pendapatan Perseroan di tahun 2025 sebesar Rp22.029        addition, there were decreases in direct costs, operating
juta atau setara dengan 0,55%. Selain itu juga terjadi     expenses, other expenses – net, and net tax expenses of
penurunan beban langsung, beban usaha, beban lain-         IDR 19,217 million, IDR 11,976 million, IDR 105,238 million,
lain bersih dan beban pajak bersih masing-masing           and IDR 96,295 million, respectively.
sebesar Rp19.217 juta, Rp11.976 juta, Rp105.238 juta dan
Rp96.295 juta.




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      Jumlah Penghasilan Komprehensif                           Total Comprehensive Income

      Jumlah penghasilan komprehensif Perseroan per 31          The Company’s total comprehensive income as of
      Desember 2025 mengalami peningkatan sebesar               December 31, 2025 increased by IDR 58,864 million, or
      Rp58.864 juta atau setara dengan 12,62% menjadi           12.62%, to IDR 525,146 million, compared to IDR 466,282
      sebesar Rp525.146 juta bila dibandingkan dengan           million for the year ended December 31, 2024. This
      jumlah penghasilan komprehensif untuk tahun yang          increase was driven by the rise in the Company’s revenue
      berakhir pada tanggal 31 Desember 2024 sebesar            in 2025 of IDR 22,029 million, along with decreases in
      Rp466.282 juta. Kenaikan ini disebabkan dikarenakan       other expenses.
      meningkatnya pendapatan Perseroan di tahun 2025
      sebesar Rp22.029 juta dan beban-beban lainnya yang
      mengalami penurunan.

      Rasio-Rasio Profitabilitas                                Profitability Ratios

      Berikut ini rasio-rasio profitabilitas Perseroan untuk    The following are the Company’s profitability ratios to
      memberikan      gambaran      mengenai     kemampuan      provide an overview of the Company’s ability to generate
      Perseroan dalam menghasilkan keuntungan:                  profits:


                                         Rasio Profitabilitas
                                                                                        2025 (%)          2024 (%)
                                          Rofitability Ratios

       Pendapatan/Jumlah Aset
                                                                                           27,10             27,15
       Income/Total Assets

       Laba Tahun Berjalan/Jumlah Aset (ROA)
                                                                                           3,49              1,79
       Profit for the Year/Total Assets (ROA)


       Laba Tahun Berjalan/Jumlah Ekuitas (ROE)
                                                                                           6,52              3,55
       Profit for the Year/Total Equity (ROE)




      Laba     tahun   berjalan/jumlah   ekuitas (ROE)          The current year’s profit/total equity (ROE) reflects the
      menggambarkan      kemampuan     Perseroan untuk          Company’s ability to generate income from its equity.
      memperoleh pendapatan dari ekuitasnya. ROE                The Company’s ROE for the years ended December 31,
      Perseroan untuk tahun-tahun yang berakhir pada            2025, and 2024, was 6.52% and 3.55%, respectively.
      tanggal 31 Desember 2025 dan 2024 masing-masing
      adalah 6,52% dan 3,55%.

      Sedangkan Laba tahun berjalan/jumlah aset (ROA)           Meanwhile, the current year’s profit/total assets (ROA)
      menggambarkan     kemampuan      Perseroan    untuk       reflects the Company’s ability to generate income from
      menghasilkan pendapatan dari asetnya. ROA untuk           its assets. The ROA for the years ended December 31,
      tahun-tahun yang berakhir pada tanggal 31 Desember        2025, and 2024, was 3.49% and 1.79%, respectively.
      2025 dan 2024 masing-masing adalah sebesar 3,49%
      dan 1,79%.

      Perbaikan ROE dan ROA mencerminkan bahwa                  The improvement in ROE and ROA reflects that the
      Perseroan mengalami peningkatan kinerja keuangan,         Company has experienced an increase in financial
      khususnya dalam hal profitabilitas dan efisiensi dalam    performance, particularly in terms of profitability and
      memanfaatkan aset serta ekuitas.                          efficiency in utilizing assets and equity.




      Annual Report 2025 | Laporan Tahunan 2025
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                                                                                    Analisis dan Pembahasan
                                                                                                  Manajemen
                                                                                  Management Discussion and
                                                                                                    Analysis




 Laporan Arus Kas Konsolidasian
 Consolidated Cash Flow Statement
                                                                                                 Kenaikan/Penurunan
                                                                                                  Increase/Decrease
                                                            2025           2024
                         Uraian                                                                Nominal
                                                          (Rp-Juta/      (Rp-Juta/
                       Description                                                            (Rp-Juta)         Persentase
                                                         IDR-Million)   IDR-Million)
                                                                                                Value           Percentage
                                                                                            (IDR-Million)
Arus Kas dari/(untuk) Aktivitas Operasi
                                                          1.525.930       2.219.039           (693.109)           (31,23%)
Cash Flow from/(for) Operational Activities
Arus Kas dari/(untuk) Aktivitas Investasi
                                                          (1.547.487)     (944.876)           (602.611)          (63,78%)
Cash Flow from/(for) Investment Activities
Arus Kas dari/(untuk) Aktivitas Pendanaan
                                                          (446.482)       (590.448)           (143.966)          (24,38%)
Cash Flow from/(for) Funding Activities
Kenaikan (Penurunan) Bersih Kas dan Setara Kas
                                                          (468.039)        683.715           (1.151.754)         (168,46%)
Net Increase (Decrease) of Cash and Cash Equivalents
Kas dan Setara Kas Awal Periode
                                                          1.819.585       1.135.724           683.861             60,21%
Cash and Cash Equivalents at the Beginning of the Year
Selisih Transaksi dalam Mata Uang Asing
                                                            14.261          146                 14.115           9.667,81%
Differences in Foreign Currency Transactions
Kas dan Setara Kas Akhir Periode
                                                          1.365.807       1.819.585           (453.778)          (24,94%)
Cash and Cash Equivalents at the End of the Year


Arus Kas dari Aktivitas Operasi                                  Cash Flow from Operational Activities

Jumlah arus kas dari kegiatan operasi Perseroan per              Total cash flows from the Company’s operating activities
31 Desember 2025 mengalami penurunan sebesar                     as of December 31, 2025 decreased by IDR 693,109
Rp693.109 juta atau setara dengan 31,23% menjadi                 million, or 31.23%, to IDR 1,525,930 million compared
sebesar Rp1.525.930 juta bila dibandingkan dengan                to IDR 2,219,039 million as of December 31, 2024. This
posisi per 31 Desember 2024 sebesar Rp2.219.039 juta.            decrease was due to lower customer receipts, particularly
Penurunan ini karena adanya penurunan dari penerimaan            from the Company’s subsidiaries, PT Palapa Ring Barat
pelanggan khususnya di entitas anak Perusahaan yaitu             and PT Palapa Timur Telematika.
PT Palapa Ring Barat dan PT Palapa Timur Telematika.

Arus Kas untuk Aktivitas Investasi                               Cash Flow for Investing Activities

Jumlah arus kas yang digunakan untuk kegiatan                    Total cash flows used for the Company’s investing
investasi dari Perseroan per 31 Desember 2025                    activities as of December 31, 2025 increased by
mengalami peningkatan sebesar Rp602.611 juta                     IDR 602,611 million, or 63.78%, to IDR 1,547,487 million
atau setara dengan 63,78% menjadi sebesar                        compared to IDR 944,876 million as of December
Rp1.547.487 juta bila dibandingkan dengan posisi per             31, 2024. This was due to higher cash outflows used
31 Desember 2024 sebesar Rp944.876 juta. Hal ini                 by the Company to acquire fixed assets, particularly
disebabkan karena arus kas yang digunakan Perseroan              telecommunications assets in 2024.
lebih besar untuk memperolah aset tetap, khususnya
aset telekomunikasi di tahun 2024.

Arus Kas dari/(untuk) Aktivitas                                  Cash Flow from/(for) Financing Activities
Pendanaan

Jumlah arus kas yang digunakan dari kegiatan                     Total cash flows used for the Company’s financing
pendanaan dari Perseroan per 31 Desember 2025                    activities as of December 31, 2025 decreased by IDR
mengalami penurunan sebesar Rp143.966 juta atau                  143,966 million or 24.38%, to IDR 446,482 million
setara dengan 24,38% menjadi sebesar Rp446.482                   compared to IDR 590,448 million as of December 31,
juta bila dibandingkan dengan posisi per 31 Desember             2024. This was due to lower bank loan repayments in
2024 sebesar Rp590.448 juta. Hal ini disebabkan oleh             2025 compared to 2024.
pembayaran utang bank pada tahun 2025 lebih sedikit
dibandingkan pembayaran utang bank pada tahun 2024.

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      Kas dan Setara Kas Akhir Tahun                               Cash and Cash Equivalents at the End of
                                                                   the Year
      Kas dan setara kas Perseroan mengalami penurunan             The Company’s cash and cash equivalents decreased by
      sebesar 24,94%, atau setara dengan Rp453.778 juta, dari      24.94% or IDR 453,778 million, from IDR 1,819,585 million
      posisi awal tahun 2024 sebesar Rp1.819.585 juta menjadi      at the beginning of 2024 to IDR 1,365,807 million at the
      Rp1.365.807 juta pada akhir tahun 2025. Penurunan ini        end of 2025. This decrease reflects the combined impact
      merupakan hasil dari perhitungan komprehensif atas           of cash flows from operating, investing, and financing
      arus kas dari aktivitas operasi, investasi, dan pendanaan,   activities, as well as the effect of foreign exchange
      serta dampak dari selisih transaksi mata uang asing.         differences. The main factor contributing to this decrease
      Faktor utama yang mendorong penurunan ini adalah             was financing activities, with net cash outflows of IDR
      aktivitas pendanaan dengan penggunaan dana bersih            446,482 million.
      sebesar Rp446.482 juta.

      Kemampuan Membayar Utang                                     Ability to Pay Debt

      Kemampuan Perseroan untuk melunasi kewajibannya              The Company’s ability to pay its obligations is evaluated
      dievaluasi melalui dua jenis rasio utama yaitu rasio         through two main ratios, liquidity ratios and solvency
      likuiditas dan rasio solvabilitas. Rasio likuiditas          ratios. Liquidity ratios measure the Company’s ability
      merupakan pengukuran kemampuan Perseroan dalam               to meet its short-term debt obligations. Solvency ratios
      memenuhi kewajiban utang yang jatuh tempo dalam              measure the Company’s ability to pay all its debts,
      jangka pendek. Sedangkan rasio solvabilitas mengukur         including both short-term and long-term liabilities.
      kemampuan Perseroan untuk membayar seluruh
      utangnya, yang mencakup kewajiban jangka pendek
      dan jangka panjang.

      Rasio Likuiditas: Kemampuan                                  Liquidity Ratios: Ability to Pay
      Membayar Utang Jangka Pendek                                 Short-term Debt

      Likuiditas mengukur kemampuan Perseroan untuk                Liquidity measures the Company’s ability to meet short-
      memenuhi liabilitas jangka pendek, yang tercermin            term liabilities, as reflected in the ratio of current assets to
      dari rasio aset lancar terhadap liabilitas jangka pendek.    current liabilities. The Company’s liquidity level improved
      Tingkat likuiditas Perseroan menunjukkan peningkatan,        from 157.72% as of December 31, 2024 to 163.53% as of
      yaitu dari 157,72% pada tanggal 31 Desember 2024             December 31, 2025.
      menjadi 163,53% pada tanggal 31 Desember 2025.

      Pada akhir tahun 2025, Perseroan memiliki Kas dan            As of the end of 2025, the Company had cash and cash
      Setara Kas sebesar Rp1.365.807 juta.                         equivalents amounting to IDR 1,365,807 million.

      Sumber likuiditas Perseroan terdiri dari likuiditas          The Company’s liquidity sources consist of internal and
      internal dan eksternal. Likuiditas internal berasal dari     external liquidity. Internal liquidity comes from business
      hasil kegiatan usaha yang digunakan untuk mendanai           activities, which are used to fund operational costs,
      biaya operasional, modal kerja, belanja modal, dan           working capital, capital expenditures, and payment of
      pembayaran kewajiban Perseroan. Sedangkan likuiditas         the Company’s obligations. Meanwhile, external liquidity
      eksternal berupa pinjaman bank jangka pendek dan/            in the form of short-term and/or long-term bank loans
      atau jangka panjang, akan dimanfaatkan Perseroan jika        will be utilized by the Company if it requires additional
      membutuhkan tambahan pembiayaan untuk modal kerja            financing for working capital and capital expenditures.
      dan belanja modal.

      Perseroan tidak memiliki sumber likuiditas material yang     The Company does not have any material untapped
      belum dimanfaatkan. Hingga saat ini, tidak terdapat          liquidity sources. To date, there are no known trends,
      kecenderungan, permintaan, perikatan, komitmen,              demands, obligations, commitments, events, and/



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                                                                                Analisis dan Pembahasan
                                                                                              Manajemen
                                                                              Management Discussion and
                                                                                                Analysis




kejadian, dan/atau ketidakpastian yang diketahui yang       or uncertainties that could cause a material change
dapat menyebabkan perubahan material (peningkatan           (increase or decrease) in the Company’s liquidity.
atau penurunan) terhadap likuiditas Perseroan.

Perseroan meyakini bahwa tingkat likuiditas saat ini        The Company believes that current liquidity levels
memadai untuk memenuhi kebutuhan modal kerja,               are adequate to meet working capital needs, capital
belanja modal, serta pembayaran kembali utang bank          expenditures, and the repayment of bank loans and
beserta bunganya. Oleh karena itu, fluktuasi tingkat        interest. Therefore, fluctuations in interest rates will not
suku bunga tidak akan memengaruhi secara signifikan         significantly impact the Company’s ability to repay loans.
kemampuan Perseroan untuk melunasi pinjaman.


                                                                                         Peningkatan/Penurunan
                   Keterangan
                                                 2025 (%)          2024 (%)                Increase/Decrease
                   Description
                                                                                             Nominal/Value
Total Aset Lancar/Total Liabilitas Lancar
                                                  163,53             157,72                          5,81
Total Current Assets/Total Current Liabilities


Rasio Solvabilitas: Kemampuan                               Solvency Ratio: Ability to Pay
Membayar Utang Jangka Pendek dan                            Short-term and Long-term Debt
Jangka Panjang

Solvabilitas adalah kemampuan perusahaan untuk              Solvability is a company’s ability to meet all its liabilities,
memenuhi seluruh liabilitasnya, yang dihitung dari rasio    calculated by the ratio of the company’s total liabilities to
jumlah seluruh liabilitas perusahaan masing-masing          total assets and equity.
terhadap jumlah aset dan terhadap ekuitas.

Rasio seluruh liabilitas terhadap jumlah aset Perseroan     The ratio of the Company’s total liabilities to total assets
untuk tahun-tahun yang berakhir pada tanggal 31             for the years ended December 31, 2025, and 2024,
Desember 2025 dan 2024 masing-masing adalah                 was 46.38% and 49.57%, respectively. Meanwhile, the
sebesar 46,38% dan 49,57%. Sedangkan rasio seluruh          ratio of the Company’s total interest-bearing liabilities to
liabilitas berbunga terhadap ekuitas Perseroan untuk        equity for the years ended December 31, 2025, and 2024
tahun-tahun yang berakhir pada tanggal 31 Desember          was 86.51% and 98.29%.
2025 dan 2024 adalah sebesar 86,51% dan 98,29%.


                                                                                         Peningkatan/Penurunan
                   Keterangan
                                                 2025 (%)          2024 (%)                Increase/Decrease
                   Description
                                                                                             Nominal/Value
Jumlah Liabilitas/Jumlah Ekuitas (DER)
                                                   86,51             98,29                          (11,78)
Total Liabilities/Total Equity (DER)

Jumlah Liabilitas/Jumlah Aset
                                                  46,38              49,57                          (3,19)
Total Liabilities/Total Assets


Tingkat Kolektibilitas Piutang                              Receivables Collectibility Rate

Kemampuan Perseroan dalam menagih piutang dapat             The Company’s ability to collect receivables can be
dinilai dari dua rasio utama yaitu lama penagihan rata-     assessed using two main ratios, the average collection
rata (average collection period) dan rasio perputaran       period and the receivables turnover ratio. The average
piutang (receivable turnover). Nilai rasio lama penagihan   collection period ratio indicates the Company’s ability to
rata-rata menunjukkan kemampuan Perseroan dalam             collect receivables. The lower the value, the faster the
mengumpulkan piutang. Semakin kecil nilainya, maka          Company collects receivables.
semakin cepat Perseroan mengumpulkan piutang.



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      Pada tahun 2025, tingkat kolektibilitas piutang Perseroan   In 2025, the Company’s receivables collectibility was
      tercatat sebesar 67 hari, mengalami penurunan               recorded at 67 days, an decrease compared to 68 days in
      dibandingkan dengan tahun 2024 sebesar 68 hari.             2024. Meanwhile, the receivables turnover ratio in 2025
      Sedangkan rasio perputaran piutang pada tahun 2025          and 2024 was 5.37 times and 5.28 times, respectively.
      dan 2024 adalah masing-masing sebesar 5,37 kali dan
      5,28 kali.

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

      Struktur modal Perseroan merupakan kombinasi antara         The Company’s capital structure is a combination of
      modal sendiri (ekuitas) dan utang (liabilitas). Perseroan   equity and debt (liabilities). The Company manages its
      mengelola struktur modal untuk mencapai komposisi           capital structure to achieve an efficient funding mix, with
      pendanaan yang efisien, dengan tujuan menekan biaya         the aim of reducing the cost of capital while maintaining
      penggunaan dana (cost of capital) sekaligus menjaga         financing flexibility for business needs. An efficient
      fleksibilitas pembiayaan bagi kebutuhan bisnis. Struktur    capital structure can support increased company value,
      modal yang efisien dapat mendukung peningkatan              including market perception of the Company’s shares,
      nilai perusahaan, termasuk persepsi pasar terhadap          although it does not directly increase earnings per share.
      saham Perseroan, meskipun tidak secara langsung
      meningkatkan laba bersih per saham.

      Tujuan utama pengelolaan modal adalah memastikan            The primary objective of capital management is to ensure
      Perseroan mempertahankan rasio permodalan yang              the Company maintains a healthy capital ratio to support
      sehat guna mendukung keberlangsungan usaha dan              business continuity and maximize shareholder value. In
      memaksimalkan nilai bagi pemegang saham. Dalam              its implementation, the Company periodically reviews
      pelaksanaannya, Perseroan secara berkala meninjau           its capital structure and makes adjustments in line with
      struktur modal dan melakukan penyesuaian sejalan            changing economic conditions, market dynamics, and the
      dengan perubahan kondisi ekonomi, dinamika pasar,           Company’s risk profile. This capital structure policy also
      serta profil risiko Perseroan. Kebijakan struktur modal     considers pricing products and services commensurate
      ini juga mempertimbangkan penetapan harga produk            with risk levels, thus maintaining a balance between
      dan jasa yang sepadan dengan tingkat risiko, sehingga       growth, profitability, and financial resilience.
      keseimbangan antara pertumbuhan, profitabilitas, dan
      ketahanan keuangan tetap terjaga.

      Sebagai praktik pengendalian yang lazim, Perseroan          As a common control practice, the Company evaluates its
      mengevaluasi struktur permodalan melalui analisis rasio     capital structure through a debt-to-equity ratio analysis,
      utang terhadap modal, antara lain dengan mengukur           which, among other things, measures net debt to total
      utang bersih dibandingkan total modal (net debt to          capital, as an indicator of leverage discipline and the
      total capital), sebagai indikator disiplin leverage dan     Company’s ability to maintain financial health.
      kemampuan Perseroan menjaga kesehatan keuangan.




      Annual Report 2025 | Laporan Tahunan 2025
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                                                                                              Analisis dan Pembahasan
                                                                                                            Manajemen
                                                                                            Management Discussion and
                                                                                                              Analysis




Struktur Modal Perseroan                                                Company Capital Structure

Berikut merupakan struktur permodalan Perseroan yang                    The following is the Company’s capital structure,
menggambarkan rasio utang bersih terhadap modal:                        depicting the net debt-to-equity ratio:


                                                                                                                Kenaikan (Penurunan)/
                                                       2025                               2024
                                                                                                                 Increase (Decrease)


             Keterangan                   Jumlah                              Jumlah                            Nominal
             Description                 (Rp-Juta)/        Komposisi        (Rp-Juta)/        Komposisi        (Rp-Juta)/    Persentase
                                           Total          Composition          Total         Composition         Value       Percentage
                                        (Rp-Million)                       (Rp-Million)                       (Rp-Million)

                                            (1)                                (2)                              (3=1-2)         (3/2)

 Jumlah Pinjaman/Total Loans            5.345.343                -          5.745.381               -          (400.038)       (6,96%)

 Dikurangi: Kas dan Setara Kas/
 Subtracted by: Cash and Cash            1.365.807               -          1.819.585               -          (453.778)      (24,94%)
 Equivalents

 Utang Bersih/Net Debt                  3.925.795             33,46%         53.740              34,69%        3.979.536        1,37%

 Jumlah Ekuitas/Total Equity            7.390.238             66,54%         523.891             65,31%        7.914.129       7,09%

 Jumlah Permodalan/Total Capital        11.316.033            100,00%        577.631             100,00%       11.893.665       5,10%

 Rasio Utang Bersih terhadap Ekuitas/
                                             -                50,28%            -                53,12%            -           (2,84%)
 Net Debt to Equity Ratio



Struktur modal Perseroan pada tahun 2025 menunjukkan                    The Company’s capital structure in 2025 showed
perubahan signifikan dibandingkan tahun 2024. Pada                      significant changes compared to 2024. In 2025, the
tahun 2025, komposisi utang bersih adalah Rp3.979.536                   composition of net debt was IDR 3,979,536 million and
juta dan ekuitas sebesar Rp7.914.129 juta, meningkat                    equity was IDR 7,914,129 million, an increase compared to
dibandingkan tahun 2024 dengan utang bersih                             2024, with net debt of IDR 3,925,795 million and equity of
Rp3.925.795 juta dan ekuitas sebesar Rp7.390.238 juta.                  IDR 7,390,238 million. This capital structure adjustment
Penyesuaian struktur modal ini dilakukan sejalan dengan                 was made in line with the Company’s policy to respond
kebijakan Perseroan untuk menanggapi perubahan                          to changing economic conditions.
kondisi ekonomi.

Ikatan Material untuk Investasi Barang                                  Material Commitment for Capital
Modal                                                                   Goods Investment

Pada tahun 2025, Perseroan tidak memiliki komitmen                      In 2025, there was no material investment commitment
investasi barang modal yang material.                                   for capital goods.




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                                                                                                         PT Mora Telematika Indonesia Tbk    131
Page 132
      Investasi Barang Modal yang                                Realization of Capital Expenditure
      Direalisasikan

      Realisasi Investasi Barang Modal
      Realization of Capital Goods Investment
                                                                      2025                            2024
                             Keterangan
                                                                    (Rp-Juta)                       (Rp-Juta)
                             Description
                                                                  (IDR-Million))                  (IDR-Million))
       Tanah
                                                                     18.469                           9.147
       Land

       Bangunan
                                                                     50.892                           5.900
       Building

       Peralatan dan Perabot Kantor
                                                                     28.486                           13.758
       Office Supplies

       Peralatan Telekomunikasi
                                                                     889.295                         587.357
       Telecommunication Equipment

       Kendaraan
                                                                       281                             77
       Vehicle

       Pekerjaan dalam Pelaksanaan
                                                                     378.323                         300.032
       Work in Progress

       Jumlah
                                                                    1.365.746                        916.273
       Total



      Investasi barang modal Perseroan diarahkan untuk           The Company’s capital goods investment is directed
      pengembangan usaha pada infrastruktur utama                towards business development in the main infrastructure
      (backbone) dan akses, termasuk sarana pendukung,           (backbone) and access, including supporting facilities,
      pusat data (data center), serta pengembangan               data centers, and passive infrastructure development.
      infrastruktur pasif.



      Informasi dan Fakta Material yang Terjadi
      Setelah Tanggal Laporan Akuntan
      Material Information and Facts that Occurred After the
      Date of the Accountant’s Report

      Tidak terdapat informasi dan fakta material yang terjadi   There were no material events occurring after the date
      setelah tanggal laporan akuntan yang dicantumkan           of the independent auditor’s report as disclosed in the
      dalam Laporan Keuangan Konsolidasian Perseroan.            Company’s Consolidated Financial Statements.




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                                                                                                                         Analisis dan Pembahasan
                                                                                                                                       Manajemen
                                                                                                                       Management Discussion and
                                                                                                                                         Analysis


                                                      Prospek Usaha dan Keberlangsungan
                                                                             Perusahaan
                                                Business Prospects and Company Sustainability

Memasuki tahun 2026, lanskap perekonomian makro                                               As 2026 begins, the macroeconomic environment
masih menuntut kehati-hatian. Bank Indonesia (BI)                                             continues to warrant caution. Bank Indonesia (BI)
menilai perekonomian global 2026–2027 tetap berada                                            assesses that the global economy will remain under
di bawah tekanan, dengan tingkat ketidakpastian yang                                          pressure in 2026–2027, with a high level of uncertainty
tinggi akibat kombinasi faktor ekonomi dan geopolitik.                                        due to a combination of economic and geopolitical
BI juga menyoroti risiko berlanjutnya proteksionisme,                                         factors. BI also highlights the risks of continued
perlambatan dan fragmentasi pertumbuhan global,                                               protectionism, slowing and fragmenting global growth,
beban utang dan suku bunga yang tinggi, rapuhnya                                              high debt burdens and interest rates, the fragility of
pasar keuangan global termasuk peran Lembaga                                                  global financial markets, including the role of Non-Bank
Keuangan Non-Bank (NBFI), serta potensi risiko dari                                           Financial Institutions (NBFI), and potential risks from
aset digital.⁷                                                                                digital assets.⁷

Sejalan dengan itu, IMF memproyeksikan pertumbuhan                                            In line with that, the IMF projects that global growth will
global bergerak moderat dan melambat, dengan                                                  moderate and slow, with risks still tilted to the downside,
risiko yang masih condong ke bawah terutama terkait                                           particularly related to trade policy uncertainty.⁸ Amid
ketidakpastian kebijakan perdagangan.⁸ Di tengah                                              this uncertainty, Indonesia’s outlook remains relatively
ketidakpastian tersebut, prospek Indonesia relatif                                            resilient, with several institutions assessing that growth in
tetap tangguh, dengan beberapa lembaga menilai                                                2026–2027 is still likely to remain around 5%, supported
pertumbuhan 2026–2027 masih berpeluang bertahan                                               by domestic demand and investment.⁹
di kisaran sekitar 5% dengan dukungan permintaan
domestik dan investasi.⁹

Bagi industri telekomunikasi dan infrastruktur digital,                                       For the telecommunications and digital infrastructure
konteks ini tetap menghadirkan ruang pertumbuhan                                              industry, this context continues to present promising
yang menjanjikan. Permintaan konektivitas nasional                                            growth opportunities. National demand for connectivity
terus menguat, tercermin dari penetrasi internet yang                                         continues to strengthen, reflected in internet penetration,
telah mencapai sekitar 80,66% dengan estimasi                                                 which has reached around 80.66%, with an estimated
pengguna sekitar 229 juta.10 Di sisi trafik, peningkatan                                      229 million users.10 On the traffic perspective, the
kebutuhan kapasitas interkoneksi juga menguat.                                                need for interconnection capacity is also growing. This
Kombinasi faktor tersebut mempertegas peluang                                                 combination of factors emphasizes opportunities for
bagi pelaku infrastruktur yang mampu mengeksekusi                                             infrastructure players capable of executing network
ekspansi jaringan secara disiplin, menjaga keandalan                                          expansion in a disciplined manner, maintaining service
layanan, dan mengembangkan portofolio layanan                                                 reliability, and developing a portfolio of value-added
bernilai tambah untuk segmen korporasi.                                                       services for the corporate segment.

Perseroan tetap memandang prospek usaha pada                                                  The Company remains optimistic about its business
tahun    mendatang      dengan     optimis. Akselerasi                                        prospects for the coming year. The acceleration of
transformasi digital nasional terus meningkatkan                                              national digital transformation continues to increase
kebutuhan konektivitas yang stabil, berkapasitas                                              the need for stable, high-capacity, and high-quality
besar, dan berkualitas tinggi, baik pada segmen rumah                                         connectivity, both in the household and corporate
tangga maupun korporasi. Di sisi lain, Perseroan tetap                                        segments. Furthermore, the Company remains aware
mencermati bahwa persaingan industri akan semakin                                             that industry competition will intensify, thus, successful
ketat, sehingga keberhasilan pertumbuhan tidak                                                growth will not rely solely on network expansion but also
cukup hanya mengandalkan ekspansi jaringan, tetapi                                            requires service differentiation, operational efficiency,
juga membutuhkan diferensiasi layanan, efisiensi                                              and innovation relevant to customer needs.
operasional, dan inovasi yang relevan dengan kebutuhan
pelanggan.

⁷https://www.merdeka.com/uang/ekonomi-global-2026-2027-diproyeksi-bakal-suram-bank-indonesia-ungkap-5-risiko-utama-dihadapi-dunia-511257-mvk.html?page=3
⁸https://www.imf.org/en/publications/weo/issues/2025/10/14/world-economic-outlook-october-2025
⁹https://www.worldbank.org/in/news/press-release/2025/12/16/indonesia-s-economy-maintains-resilience-amid-global-uncertainty?
¹⁰https://www.antaranews.com/berita/5019229/apjii-catat-tingkat-penetrasi-internet-indonesia-capai-8066-persen?utm_source=chatgpt.com




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      Dalam kerangka tersebut, Perseroan mengidentifikasi         Within this framework, the Company has identified
      peluang pertumbuhan yang semakin kuat pada segmen           increasingly strong growth opportunities in the enterprise
      enterprise solutions, ekspansi data center, serta           solutions segment, data center expansion, and the
      pengembangan layanan bernilai tambah seperti dan            development of value-added services such as cloud,
      IoT, sejalan dengan tren adopsi AI dan perkembangan         cyber security, and IoT. This is in line with the trend of AI
      5G yang mendorong peningkatan trafik data serta             adoption and the development of 5G, which are driving
      kebutuhan layanan digital yang lebih aman dan               increased data traffic and the need for more secure and
      terintegrasi. Peluang ini membuka ruang bagi Perseroan      integrated digital services. This opportunity opens up
      untuk memperluas peran, tidak hanya sebagai penyedia        room for the Company to expand its role, not only as a
      konektivitas, tetapi juga sebagai penyedia solusi           connectivity provider but also as a provider of end-to-
      infrastruktur digital.                                      end digital infrastructure solutions.

      Untuk mengoptimalkan potensi tersebut, Perseroan            To optimize this potential, the Company has prepared
      menyiapkan        strategi   yang     menyeimbangkan        a strategy that balances infrastructure strengthening
      penguatan infrastruktur dan penguatan nilai layanan.        and enhancing service value. On the network side,
      Di sisi jaringan, Perseroan akan terus memperkuat           the Company will continue to strengthen its backbone
      infrastruktur backbone dan FTTH untuk menjaga               and FTTH infrastructure to maintain service capacity
      kapasitas dan keandalan layanan. Di sisi pengembangan       and reliability. On the business development side, the
      bisnis, Perseroan akan memperkuat ekosistem                 Company will strengthen its partnership ecosystem
      kemitraan (partnership) sebagai pengungkit percepatan       as a lever to accelerate expansion and expand market
      ekspansi dan perluasan penetrasi pasar. Perseroan           penetration. The Company is also promoting end-to-
      juga mendorong digitalisasi untuk meningkatkan              end digitalization to increase productivity, accelerate
      produktivitas, mempercepat proses layanan, dan              service processes, and maintain consistent execution
      menjaga kualitas eksekusi secara konsisten, sekaligus       quality, while supporting sustainable growth and optimal
      mendukung pertumbuhan yang berkelanjutan dan                profitability.
      profitabilitas yang optimal.

      Dari perspektif produk dan komersial, Perseroan             From a product and commercial perspective, the
      memperkuat daya saing melalui simplifikasi portofolio,      Company is strengthening its competitiveness through
      penyusunan paket layanan melalui yang lebih relevan,        portfolio simplification, developing more relevant
      serta peningkatan sebagai pembeda utama di tengah           service packages through bundling, and enhancing
      kompetisi. Pengembangan produk baru difokuskan              service excellence as a key differentiator. New product
      pada layanan yang memiliki kebutuhan pasar meningkat        development is focused on services with increasing
      dan dampak langsung pada loyalitas pelanggan, seperti       market demand and a direct impact on customer loyalty,
      SD-WAN, serta solusi IoT. Sejalan dengan itu, Perseroan     such as security, SD-WAN, data center services, and IoT
      juga akan menajamkan diferensiasi produk, melakukan         solutions. Concurrently, the Company will also sharpen
      optimalisasi portofolio bisnis, dan memastikan              product differentiation, optimize its business portfolio,
      penguatan infrastruktur berjalan sesuai prioritas dan       and ensure infrastructure strengthening aligns with
      kebutuhan pasar.                                            market priorities and needs.

      Dengan strategi yang terarah, kemitraan yang diperluas,     With a focused strategy, expanded partnerships, and
      serta pengelolaan teknologi yang adaptif, Perseroan         adaptive technology management, the Company will
      akan lebih fokus menjaga keseimbangan antara ekspansi       focus more on maintaining a balance between expansion
      dan kualitas layanan, antara inovasi dan efisiensi, serta   and service quality, innovation and efficiency, and growth
      antara pertumbuhan dan disiplin pengelolaan risiko.         and disciplined risk management.




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                                                                                    Analisis dan Pembahasan
                                                                                                  Manajemen
                                                                                  Management Discussion and
                                                                                                    Analysis




Perbandingan Antara Target/Proyeksi                           Comparison Between Targets/
dengan Realisasi                                              Projections and Actual Performance
Perseroan memiliki tolok ukur perbandingan antara             The Company maintains benchmarks that compare
target yang telah ditetapkan di awal tahun dengan             targets set at the beginning of the year with actual
realisasi pencapaian setiap tahunnya. Pengukuran              performance each year. This measurement is essential
ini penting untuk menilai kinerja Perseroan, serta            for assessing the Company’s performance and provides
memberikan landasan dalam merumuskan strategi dan             a basis for formulating business strategies and targets
target usaha untuk tahun-tahun mendatang.                     for the coming years.


                 Deskripsi                 Target pada Awal Tahun 2025                          Realisasi Tahun 2025
                Description                Target in the Beginning of 2025                        2025 Realizations
                                      Perseroan menargetkan peningkatan
                                      pendapatan pada tahun 2025 sebesar single         Pendapatan Perseroan tercapai sebesar
Pendapatan                            digit sesuai dengan rata-rata industri.           98% dari target yang ditentukan.
Revenue                               The Company targets a single-digit increase       The Company’s revenue reached 98% of
                                      in revenue in 2025, in line with the industry     the established target.
                                      average.

                                      Target laba Perseroan untuk tahun 2025            EBITDA dan Laba bersih Perseroan
                                      diperkirakan akan meningkat double digit          masing masing tercapai sebesar 95%
Laba Bersih                           dibandingkan dengan tahun sebelumnya.             dan 92% dari target yang ditentukan.
Net Profit                            The Company’s profit target for 2025 is           The Company’s EBITDA and net profit
                                      expected to increase by double digits             reached 95% and 92% of the established
                                      compared to the previous year.                    targets, respectively.

                                      Belanja Modal Perseroan diproyeksikan double
                                                                                        Belanja Modal Perseroan tercapai
                                      digit dibanding dengan tahun sebelumnya.
Belanja Modal                                                                           sebesar 59% dari target yang ditentukan.
                                      The Company’s capital expenditure is projected
Capital Expenditure                                                                     The Company’s capital expenditure
                                      to grow by double digits compared to the
                                                                                        reached 59% of the established target.
                                      previous year.




                                                                                 Target Tahun 2026
                                                                                                 Target for 2026

 Target/Proyeksi Tahun 2026
 Target/Projection for 2026

                          Indikator                                                   Target Tahun 2026
                          Indicator                                                     Target for 2026

                                                             Perseoran menargetkan peningkatan pendapatan pada 2026
Pendapatan                                                   sebesar single digit sesuai dengan rata-rata industri.
Revenue                                                      The Company targets a single digit increase in revenue in 2026, in
                                                             line with the industry average.

                                                             Target EBITDA Perseroan untuk tahun 2026 diperkirakan akan
                                                             meningkat double digit dibandingkan dengan tahun sebelumnya.
EBITDA
                                                             The Company’s EBITDA target for 2026 is expected to increase by
                                                             double digits compared to the previous year.

                                                             Struktur modal Perseroan pada tahun 2026 di perkirakan mengalami
Struktur Modal                                               kenaikan single digit dibanding tahun sebelumnya.
Capital Structure                                            The Company’s capital structure in 2026 is projected to increase by
                                                             single digit compared to the previous year.

Kebijakan Dividen                                            Sampai saat ini belum ada terkait kebijakan pembagian dividen.
Dividend Policy                                              As of now, there is no policy regarding dividend distribution.

                                                             Belanja modal Perseroan di proyeksikan naik double digit dibanding
Belanja Modal                                                dengan tahun sebelumnya.
Capital Expenditur                                           The Company’s capital expenditure is projected to increase by
                                                             double digits compared to the previous year.



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      Aspek Pemasaran
      Marketing Aspects

      Perseroan mengembangkan strategi pemasaran Retail            The Company has developed a Retail FTTH marketing
      FTTH yang berfokus pada perluasan jangkauan layanan,         strategy focused on expanding service coverage,
      peningkatan pengalaman pelanggan, dan diferensiasi           enhancing      customer    experience,  and   product
      produk. Melalui pendekatan yang tersegmentasi dan            differentiation. Through a segmented and innovative
      inovatif, Perseroan bertujuan meningkatkan penetrasi         approach, the Company aims to increase market
      pasar, memperkuat loyalitas pelanggan, dan mendukung         penetration, strengthen customer loyalty, and support
      pertumbuhan berkelanjutan di era digital. Berikut strategi   sustainable growth in the digital era. The Company’s
      yang Perseroan lakukan:                                      strategies are as follows:

      1. Meningkatkan Experience                                   1. Improving Experience
         Perseroan meningkatkan kualitas layanan dengan               The Company is improving service quality by
         melakukan peningkatan kecepatan pada seluruh paket           increasing the speed of all internet service packages
         layanan internet tanpa penyesuaian harga. Inisiatif ini      without adjusting prices. This initiative aims to provide
         bertujuan untuk memberikan pengalaman penggunaan             a more optimal internet service experience for
         layanan internet yang lebih optimal bagi pelanggan           Oxygen.id customers, while also supporting broader
         Oxygen.id, sekaligus mendukung akses informasi               access to information. With the advancement of the
         yang lebih luas. Seiring dengan perkembangan era             digital era, the need for stable, fast, and affordable
         digital, kebutuhan akan akses internet yang stabil,          internet access is increasing.
         cepat, dan terjangkau semakin meningkat.

      2. Mendorong Penggunaan Aplikasi Oxygen.id Selfcare          2. Encouraging Use of the Oxygen.id Selfcare Application
         Perseroan     mendorong     pemanfaatan   Aplikasi           The Company encourages all Oxygen.id customers to
         Oxygen.id Selfcare oleh seluruh pelanggan Oxygen.            utilize the Oxygen.id Selfcare Application as a means
         id sebagai sarana untuk memperoleh informasi                 to obtain service information and monitor the progress
         layanan serta memantau perkembangan penanganan               of outage resolution more quickly and transparently.
         gangguan secara lebih cepat dan transparan. Selain           Furthermore, this application is equipped with various
         itu, aplikasi ini dilengkapi dengan berbagai fitur           additional features, including add-on services and a
         tambahan, termasuk layanan add-on serta program              points redemption program that can be exchanged for
         penukaran poin yang dapat ditukarkan dengan                  vouchers or the Company’s internet service packages.
         voucher maupun paket layanan internet Perseroan.

      3. Thematic Program                                          3. Thematic Program
         Perseroan menyelenggarakan program promosi                   The Company organizes promotional programs
         yang disesuaikan dengan berbagai momen penting               tailored to various important moments in Indonesia,
         di Indonesia, yang dikemas dalam penawaran paket             packaged in the form of new service packages with
         layanan terbaru dengan skema semesteran dan                  semi-annual and annual schemes.
         tahunan.

      4. Skema Harga Kemitraan (Partnership Price) Oxygen.id       4. Oxygen.id Partnership Pricing Scheme
         Perseroan menetapkan skema harga khusus bersama              The Company establishes special pricing schemes
         mitra strategis sebagai upaya perluasan pasar di             with strategic partners as an effort to expand the
         wilayah tertentu, yang disesuaikan dengan kebutuhan          market in certain regions, tailored to the needs of the
         masyarakat setempat, sehingga layanan Oxygen.id              local community, so that Oxygen.id services can be
         dapat diakses melalui kerja sama kemitraan.                  accessed through partnerships.

      5. Pembukaan Cabang Oxygen.id                                5. Oxygen.id Branch Openings
         Pada tahun 2025, Perseroan meluncurkan sejumlah              In 2025, the Company launched several new branches,
         cabang baru, antara lain di Pamulang, Depok, Serang,         including in Pamulang, Depok, Serang, Palembang,
         Palembang, dan Cirebon, sebagai pusat interaksi              and Cirebon, as customer interaction centers. The
         dengan pelanggan. Pembukaan cabang-cabang                    opening of these branches aims to strengthen after-
         tersebut bertujuan untuk memperkuat layanan                  sales service and improve the quality of experience
         purnajual serta meningkatkan kualitas pengalaman             for both customers and potential customers.
         bagi pelanggan maupun calon pelanggan.

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                                                                           Analisis dan Pembahasan
                                                                                         Manajemen
                                                                         Management Discussion and
                                                                                           Analysis




6. Iklan (Ads)                                           6. Advertising
   Perseroan meningkatkan jumlah tayangan iklan             The Company is increasing the number of ad
   sekaligus memperluas platform penempatan,                impressions and expanding its placement platforms,
   termasuk di TikTok, setelah sebelumnya hadir di          including on TikTok, following its presence on
   Facebook dan Instagram.                                  Facebook and Instagram.

Perseroan menerapkan strategi pemasaran khusus           The Company implements a specific marketing strategy
untuk segmen UMKM dan start-up melalui pendekatan        for the MSME and start-up segments through a focused
yang terfokus dan inovatif, sebagai berikut:             and innovative approach, as follows:

1. Paket Khusus                                          1. Special Packages
   Perseroan menghadirkan paket layanan dengan              The Company offers affordable service packages
   harga terjangkau yang dirancang untuk menjangkau         designed to reach consumers more effectively,
   konsumen secara lebih tepat, khususnya segmen            particularly the MSME and start-up segments.
   UMKM dan start-up.

2. Customer Gathering                                    2. Customer Gathering
   Perseroan menyelenggarakan presentasi dan                The Company holds segmented presentations
   pertemuan yang tersegmentasi untuk calon                 and meetings for potential customers to increase
   pelanggan, guna meningkatkan pemahaman dan               understanding and interest in the service.
   minat terhadap layanan.

3. Customer Winback                                      3. Customer Winback
   Perseroan mengadakan program pertemuan khusus            The Company holds special meeting programs to re-
   untuk menarik kembali pelanggan yang sebelumnya          engage previously unsubscribed customers, using an
   berhenti berlangganan, dengan pendekatan yang            approach packaged with the latest innovations.
   dikemas melalui inovasi terbaru.

Sistem penjualan dan distribusi Perseroan berdasarkan    The Company’s sales and distribution system by segment
segmen adalah sebagai berikut:                           is as follows:

1. Segmen Telco dan Segmen Wholesales: Sistem            1. Telco and Wholesale Segments: Sales in this segment
   penjualan di segmen ini dilakukan melalui                are conducted through a B2B sales program. This
   program penjualan berbasis B2B. Pangsa pasar             market segment consists of telecommunications
   tersebut merupakan perusahaan operator jaringan          network operators that also require backbone
   telekomunikasi yang juga membutuhkan jaringan            networks, internet, and data centers to provide
   backbone, internet dan data center dalam layanannya      services to their customers.
   untuk pelanggannya.

2. Segmen Enterprise: Sistem penjualan di segmen ini     2. Enterprise Segment: The sales system in this segment
   adalah merupakan penjualan langsung ke pangsa            is direct sales to the corporate market, both private
   pasar korporasi baik perusahaan swasta maupun            and government companies. The Enterprise segment
   pemerintah. Segmen Enterprise dibagi menjadi 6 unit      is divided into 6 segment units, namely: (i) GBO
   segmen yaitu: (i) GBO yang mencakup pelanggan            which includes customers in the Central/Regional
   kategori Pemerintahan Pusat/Daerah, Lembaga              Government category, State Institutions, BUMN,
   Negara, BUMN, BUMD dan Perusahaan Minyak                 BUMD and Oil Companies (private and BUMN) with
   (swasta dan BUMN) dengan produk yang ditawarkan          products offered including dedicated Internet, Leased
   antara lain Internet dedicated, Leased line/Metro,       line/Metro, Data center (Collocation and DRC);
   Data center (Collocation dan DRC); (ii) High Rise        (ii) High Rise Building, namely the Company’s
   Building yaitu pelanggan Perseroan yang berada di        customers located in high-rise building areas by
   area gedung bertingkat dengan menawarkan pro             offering pro Oxygen.id Soho, dedicated Internet,
   Oxygen.id Soho, Internet dedicated, Data center,


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         Leased Line/Metro; (iii) Regional yang mencakup            Data center, Leased Line/Metro; (iii) Regional which
         Perusahaan-Perusahaan swasta, Universitas dan              includes Private Companies, Universities and
         lembaga Pendidikan, Pemda dengan dinas/OPD,                Educational institutions, Regional Governments with
         Rumah Sakit Swasta/Pemerintah, BUMN/BUMD                   departments/OPDs, Private/Government Hospitals,
         dan juga SME dengan penawaran produk Internet              BUMN/BUMD and also SMEs with Dedicated Internet,
         Dedicated, Leased Line/Metro dan Data Center;              Leased Line/Metro and Data Center product offerings;
         (iv) Education yaitu segmen pelanggan khusus untuk         (iv) Education, namely a special customer segment for
         sektor pendidikan, lembaga pendidikan, sekolah,            the education sector, educational institutions, schools,
         akademi universitas yang menawarkan produk                 university academies that offer dedicated Internet,
         Internet dedicated, Leased line/Metro, Data Center,        Leased line/Metro, Data Center, Wi-Fi, Indonesian
         Wi-Fi, jejaring Riset dan Edukasi Indonesia (Indonesia     Research and Education Networks (IDREN); (v) Media-
         Research and Education Networks, IDREN);                   Hospitality which is a customer segment for Industrial
         (v) Media-Hospitality yang merupakan segmen                Estates, Hospitals and Hotels with dedicated Internet
         pelanggan untuk Kawasan Industri, Rumah Sakit dan          offerings, Leased line/Metro, Data Center, IPTV, Wi-Fi;
         Perhotelan dengan penawaran Internet dedicated,            and (vi) Palapa Ring National and SME (Small Medium
         Leased line/Metro, Data Center, IPTV, Wi-Fi;               Enterprise) customers, namely customers in the
         (vi) serta Palapa Ring Nasional dan SME (Small             Regional Government, State Institutions, State-Owned
         Medium Enterprise) yaitu pelanggan kategori                Enterprises (BUMN), Regional-Owned Enterprises
         Pemerintahan Daerah, Lembaga Negara, BUMN,                 (BUMD), Private Companies, MSMEs, Hotels, the
         BUMD, Perusahaan Swasta, UMKM, Hotel, Sektor               Education Sector, the Healthcare Sector, and Banking,
         Pendidikan, Sektor Kesehatan, Perbankan dengan             offering dedicated internet, leased line/Metro, data
         menawarkan produk Internet dedicated, Leased line/         centers (collocation and DRC), and Oxygen.id.
         Metro, Data center (Collocation dan DRC), Oxygen.id.

      3. Segmen Retail: Sistem penjualan di segmen ini            3. Retail Segment: The sales system in this segment
         berfokus pada pangsa pasar konsumen yang                    focuses on the consumer market share, including
         mencakup residensial dan UMKM (Retail/FTTH) dan             residential and MSMEs (Retail/FTTH), and sales are
         penjualannya melalui program direct selling dan             made through direct selling and telesales programs.
         telesales. Sedangkan promosinya menggunakan iklan           Promotions utilize social media advertising, brochures,
         media sosial, brosur, media massa lainnya seperti           and other mass media such as radio. The products
         radio. Produk yang ditawarkan adalah beberapa paket         offered are several internet packages that include
         internet yang mencakup penggabungan (bundling)              bundling other products, such as TV, among others.
         produk lain seperti TV dan lain-lain.

      4. Segmen Lainnya merupakan:                                4. Other Segments include:
         a. Pendapatan jasa konsesi atas proyek Palapa Ring          a. Concession service revenue for the Palapa Ring
            dimana Perseroan hanya memberikan layanan                   project, where the Company only provides services
            berdasarkan kontrak dengan BAKTI selama                     under a contract with BAKTI during the cooperation
            periode kontrak kerja sama.                                 contract period.
         b. Pendapatan konstruksi dimana program penjualan           b. Construction revenue, where sales programs are
            berdasarkan order pembelian dari pelanggan.                 based on customer purchase orders.
         c. Pendapatan usaha dari penjualan VSAT melalui             c. Business revenue from VSAT sales through
            program penjualan berkesinambungan yang                     personalized ongoing sales programs and B2B-
            disesuaikan secara personal serta program                   based sales programs for areas not covered by
            penjualan berbasis B2B untuk area yang tidak                fiber optics.
            terjangkau oleh fiber optik.




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                                                                            Analisis dan Pembahasan
                                                                                          Manajemen
                                                                          Management Discussion and
                                                                                            Analysis


                                                                            Informasi Dividen
                                                                           Dividends Information

Berdasarkan Anggaran Dasar Perseroan, kebijakan           Based on the Company’s Articles of Association, the
mengenai penggunaan laba dan pembagian dividen            policy regarding the use of profits and distribution of
ditetapkan sebagai berikut:                               dividends is as follows:

1. Penggunaan Laba Bersih:                                1. Use of Net Profit:
   Laba bersih Perseroan pada suatu tahun buku yang          The Company’s net profit for a financial year that has
   telah disahkan melalui Rapat Umum Pemegang                been approved by the Annual General Meeting of
   Saham (RUPS) Tahunan dan memiliki saldo positif           Shareholders (AGM) and has a positive balance will
   akan dialokasikan sesuai dengan cara penggunaan           be allocated in accordance with the method of use
   yang diputuskan dalam RUPS tersebut.                      decided at the GMS.

2. Pembayaran Dividen:                                    2. Dividend Payment:
   Pembagian     dividen  hanya   dapat   dilakukan          Dividend distribution may only be made based on
   berdasarkan dan sesuai dengan keputusan yang              and in accordance with the resolutions adopted at
   diambil dalam RUPS. Keputusan RUPS tersebut juga          the GMS. The GMS resolution must also determine
   harus menetapkan waktu dan cara pembayaran                the time and method of dividend payment, while still
   dividen dengan tetap memperhatikan peraturan              complying with applicable laws and regulations in the
   perundang-undangan yang berlaku di bidang pasar           capital market.
   modal.

Pembagian Dividen                                         Dividend Distribution

1. Tahun Buku 2025                                        1. Fiscal Year 2025
   Berdasarkan hasil keputusan RUPS Tahunan                  Based on the resolutions of the Annual General
   tanggal 5 Juni 2025, Pemegang Saham Perseroan             Meeting of Shareholders on June 5, 2025, the
   memutuskan untuk tidak membagikan dividen pada            Company’s Shareholders decided not to distribute
   tahun 2025 atas laba Perseroan tahun buku 2024.           dividends in 2025 from the Company’s profits for the
   Adapun penjelasan mengenai pembagian laba                 2024 financial year. The explanation regarding the
   Perseroan tertuang dalam Akta Berita Acara RUPST          distribution of the Company’s profits is set out in the
   Perseroan No.5 tertanggal 5 Juni 2024 dibuat di           Deed of Minutes of the Company’s AGMS No. 5 dated
   hadapan Notaris Aulia Taufani S.H., sebagai berikut:      June 5, 2024, drawn up before Notary Aulia Taufani
                                                             S.H., as follows:

  Tidak membagikan dividen untuk tahun buku yang            No dividends will be distributed for the financial year
  berakhir pada tanggal 31 Desember 2024 dan seluruh        ending December 31, 2024, and all Current Year
  Laba Tahun Berjalan yang diperoleh Perseroan tahun        Profit obtained by the Company for the financial year
  buku yang berakhir pada tanggal 31 Desember 2024          ending December 31, 2024, after being set aside as
  setelah disisihkan untuk cadangan sebesar Rp1 miliar,     reserves amounting to IDR 1 billion, will increase the
  akan menambah Saldo Laba/Retained Earnings                Company’s Retained Earnings, which will be used for
  Perseroan yang akan digunakan untuk ekspansi              telecommunications network expansion.
  pengembangan jaringan telekomunikasi.

2. Tahun Buku 2024                                        2. Fiscal Year 2024
   Berdasarkan hasil keputusan RUPS Tahunan                  Based on the resolutions of the Annual General
   tanggal 13 Juni 2024, Pemegang Saham Perseroan            Meeting of Shareholders on June 13, 2024, the
   memutuskan untuk tidak membagikan dividen pada            Company’s Shareholders decided not to distribute
   tahun 2024 atas laba Perseroan tahun buku 2023.           dividends in 2024 from the Company’s profits for
   Adapun penjelasan mengenai pembagian laba                 the 2023 financial year. The explanation regarding
   Perseroan tertuang dalam Akta Berita Acara RUPST          the distribution of the Company’s profits is set out in
   Perseroan No. 35 tertanggal 13 Juni 2024 dibuat di        the Deed of Minutes of the Company’s AGMS No. 35
   hadapan Notaris Aulia Taufani S.H., sebagai berikut:      dated June 13, 2024, drawn up before Notary Aulia
                                                             Taufani S.H., as follows:


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         Untuk tidak membagikan dividen untuk tahun buku         To not distribute dividends for the financial year ending
         yang berakhir pada tanggal 31 Desember 2023 dan         December 31, 2023, and all Net Profit for the current year
         seluruh Laba Bersih tahun berjalan yang diperoleh       earned by the Company during the financial year ending
         Perseroan selama tahun buku yang berakhir pada          December 31, 2023, after deducting the Reserve Fund,
         tanggal 31 Desember 2023 setelah dikurangi Dana         will be recorded as the Company’s Retained Earnings, to
         Cadangan, akan dicatat sebagai Laba Ditahan             be used for telecommunications network expansion and
         Perseroan yang penggunaannya untuk ekspansi             development.
         pengembangan jaringan telekomunikasi.



      Informasi Material Mengenai Investasi, Ekspansi,
      Divestasi, Penggabungan/Peleburan Usaha,
      Akuisisi, Restrukturisasi Utang/Modal, Transaksi
      Material, Transaksi Afiliasi dan Transaksi Benturan
      Kepentingan Tahun Buku 2025
      Material Information Regarding Investments, Expansions,
      Divestments, Mergers/Consolidations, Acquisitions, Debt/Capital
      Restructurings, Material Transactions, Affiliated Transactions and
      Conflict of Interest Transactions for the 2025 Financial Year

      Sepanjang Tahun Buku 2025, Perseroan melaksanakan          Throughout the 2025 Financial Year, the Company
      transaksi yang berkaitan dengan transaksi afiliasi dan     conducted transactions related to affiliated transactions
      penggabungan usaha sebagai bagian dari strategi            and business mergers as part of its strategy to strengthen
      penguatan struktur usaha dan pengembangan jangka           its business structure and develop its long-term
      panjang Perseroan. Seluruh transaksi tersebut telah        business. All of these transactions were implemented in
      dilaksanakan dengan memperhatikan prinsip tata             accordance with good corporate governance principles
      kelola perusahaan yang baik serta mematuhi ketentuan       and in compliance with applicable laws and regulations.
      peraturan perundang-undangan yang berlaku.

      Transaksi Afiliasi                                         Affiliated Transactions

      Pada tahun 2025, Perseroan melakukan transaksi afiliasi    In 2025, the Company conducted affiliated transactions
      sebagaimana dimaksud dalam Pasal 1 angka 3 Peraturan       as referred to in Article 1 number 3 of Financial Services
      Otoritas Jasa Keuangan Nomor 42/POJK.04/2020               Authority     Regulation     Number     42/POJK.04/2020
      tentang Transaksi Afiliasi dan Transaksi Benturan          concerning Affiliated Transactions and Conflict of Interest
      Kepentingan (“POJK 42/2020”), yaitu transaksi yang         Transactions (“POJK 42/2020”), namely transactions
      dilakukan antara Perseroan dengan pihak afiliasi dari      conducted between the Company and affiliated parties
      pemegang saham utama. Transaksi tersebut memenuhi          of the major shareholders. These transactions met the
      kriteria sebagaimana diatur dalam Pasal 6 ayat (1) huruf   criteria stipulated in Article 6 paragraph (1) letter c of
      c POJK 42/2020, karena nilai transaksi tidak melebihi      POJK 42/2020, as the transaction value did not exceed
      0,5% dari modal disetor Perseroan atau tidak melampaui     0.5% of the Company’s paid-up capital or did not exceed
      jumlah Rp5.000.000.000,- (lima miliar Rupiah).             IDR 5,000,000,000 (five billion Rupiah).




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                                                                             Analisis dan Pembahasan
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                                                                           Management Discussion and
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Untuk memenuhi ketentuan Pasal 6 POJK 42/2020              To comply with Article 6 of POJK 42/2020, the Company
Perseroan telah melaporkan Transaksi Afiliasi ini kepada   has reported this Affiliated Transaction to the Financial
Otoritas Jasa Keuangan. Namun, Perseroan tidak             Services Authority. However, the Company is not required
diwajibkan untuk melakukan prosedur sebagaimana            to follow the procedures stipulated in Article 3 of POJK
diatur dalam Pasal 3 POJK 42/2020. Selain itu, Perseroan   42/2020. Furthermore, the Company is not required to
juga tidak diwajibkan untuk memenuhi ketentuan Pasal       comply with Article 4 paragraph (1) of POJK 42/2020,
4 ayat (1) POJK 42/2020, antara lain penggunaan penilai    including the use of independent appraisers, public
independen, pengumuman keterbukaan informasi               disclosure of information, and obtaining independent
kepada masyarakat, serta memperoleh persetujuan            shareholder approval through a General Meeting of
pemegang saham independen melalui Rapat Umum               Shareholders.
Pemegang Saham.

Transaksi afiliasi tersebut bukan merupakan transaksi      This affiliated transaction does not constitute a conflict
yang mengandung benturan kepentingan sebagaimana           of interest as defined in POJK 42/2020 and is not
dimaksud dalam POJK 42/2020 dan juga tidak                 categorized as a material transaction as stipulated in
dikategorikan sebagai transaksi material sebagaimana       POJK Number 17/POJK.04/2020 concerning Material
diatur dalam POJK Nomor 17/POJK.04/2020 tentang            Transactions and Changes in Business Activities.
Transaksi Material dan Perubahan Kegiatan Usaha.

Direksi menyatakan bahwa seluruh transaksi afiliasi        The Board of Directors affirms that all affiliated
yang dilakukan oleh Perseroan melalui prosedur yang        transactions conducted by the Company have undergone
memadai untuk memastikan bahwa setiap transaksi            adequate procedures to ensure that each transaction
dilaksanakan sesuai dengan praktik bisnis yang             is carried out in accordance with generally accepted
berlaku umum. Dalam hal ini, Perseroan senantiasa          business practices. In this regard, the Company
mengedepankan prinsip transaksi yang wajar (arms-          consistently upholds the arm’s length principle. The Board
length principle). Dewan Komisaris, melalui fungsi         of Commissioners, through its supervisory function and
pengawasannya serta dengan dukungan Komite Audit,          with the support of the Audit Committee, has conducted
telah melakukan penelaahan dan pengawasan secara           adequate review and oversight over the implementation
memadai terhadap pelaksanaan transaksi afiliasi            of the Company’s affiliated transactions. This process
Perseroan. Proses tersebut mencakup evaluasi atas          includes the evaluation of policies, procedures, and
kebijakan, prosedur, serta pelaksanaan transaksi guna      transaction execution to ensure that all affiliated
memastikan bahwa seluruh transaksi afiliasi telah          transactions comply with the principle of fairness and
memenuhi prinsip kewajaran dan praktik bisnis yang         generally accepted business practices, including the
berlaku umum, termasuk penerapan prinsip arms-             application of the arm’s length principle.
length.

Dengan demikian, seluruh transaksi afiliasi yang           Accordingly, all affiliated transactions conducted by
dilakukan Perseroan telah dilaksanakan secara              the Company have been carried out in a transparent
transparan, akuntabel, serta sesuai dengan peraturan       and accountable manner, and in compliance with the
perundang-undangan yang berlaku.                           prevailing laws and regulations.

Informasi Material mengenai                                Material Information Regarding
Penggabungan Usaha                                         the Merger

Pada 17 Desember 2025, atas persetujuan para               On December 17, 2025, following approval from the major
pemegang saham utama, Perseroan dan PT Eka Mas             shareholders, the Company and PT Eka Mas Republik
Republik (EMR) telah menandatangani Perjanjian             (EMR) signed the Conditional Merger Agreement and
Penggabungan Usaha Bersyarat, dan mencapai                 agreed to proceed with a merger, with the Company as
kesepakatan untuk melakukan penggabungan usaha             the surviving entity, which will subsequently change its
(merger), dimana Perseroan sebagai entitas yang            name to PT Ekamas Mora Republik Tbk upon the Merger
bertahan (surviving entity), dan kemudian akan berganti    becoming effective. Regarding the proposed Merger, on
nama menjadi PT Ekamas Mora Republik Tbk pada saat         December 18, 2025, the Company submitted a Merger


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      efektif penggabungan. Atas rencana Penggabungan      Statement to the Financial Services Authority (OJK)
      Usaha tersebut, pada 18 Desember 2025, Perseroan     and the Indonesian Stock Exchange (IDX), published
      menyampaikan Pernyataan Penggabungan Usaha           a Summary of the Merger Plan to the public, and
      kepada OJK dan BEI, mempublikasikan Ringkasan        announced it in two national newspapers. Shareholder
      Rancangan     Penggabungan    kepada   masyarakat,   approval for the proposed Merger was subsequently
      termasuk mengumumkan dalam 2 surat kabar             obtained on March 26, 2026, after the Company had
      berperedaran    nasional.  Persetujuan  pemegang     previously received a Letter of Effectiveness from the
      saham Perseroan atas rencana Penggabungan            OJK on March 17, 2026. The proposed Merger was
      Usaha selanjutnya diperoleh pada 26 Maret 2026,      implemented in accordance with applicable laws and
      setelah sebelumnya Perseroan memperoleh Surat        regulations, including a fairness opinion on the proposed
      Pernyataan Efektif dari OJK pada 17 Maret 2026.      merger from an Independent Public Appraisal Firm.
      Rencana Penggabungan Usaha dilaksanakan dengan
      memperhatikan ketentuan peraturan perundang-
      undangan yang berlaku, termasuk pendapat kewajaran
      atas rencana penggabungan dari Kantor Jasa Penilai
      Publik Independen.



      Perubahan Ketentuan Peraturan Perundang-
      undangan yang Berpengaruh Signifikan terhadap
      Kinerja Perusahaan
      Changes in Statutory Provisions that Significantly Impact the
      Company’s Performance

      Di sepanjang tahun 2025 tidak terdapat perubahan     Throughout 2025, there were no changes in laws and
      peraturan Perundang-undangan yang mempunyai          regulations that significantly impacted the Company’s
      pengaruh signifikan terhadap kinerja Perseroan.      performance.




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                                                                             Analisis dan Pembahasan
                                                                                           Manajemen
                                                                           Management Discussion and
                                                                                             Analysis


                                             Perubahan Kebijakan Akuntansi
                                                          Changes in Accounting Policies

Diterapkan pada Tahun 2025                                Adopted During 2025

Penerapan amendemen PSAK No. 221, “Pengaruh               The implementation of amendments to PSAK No.
Perubahan Kurs Valuta Asing” terkait kondisi ketika       221, “The Effect of Changes in Foreign Exchange
suatu mata uang tidak tertukarkan, yang berlaku efektif   Rates” regarding to conditions when a currency is not
1 Januari 2025 dan relevan bagi Perseroan, tidak          exchangeable, which is effective from January 1, 2025
menyebabkan perubahan material terhadap jumlah-           and relevant for the Company, had no material impact on
jumlah yang dilaporkan dalam laporan keuangan             the amount.
konsolidasian.

Telah Diterbitkan Namun Belum                             Issued But Not Yet Effective
Berlaku Efektif

Standar baru dan amandemen standar akuntansi              The new standard and amendments to financial
keuangan yang telah diterbitkan yang bersifat wajib       accounting standard issued that are mandatory for the
untuk tahun buku yang dimulai pada atau setelah:          financial year beginning or after:

1 Januari 2026                                            January 1, 2026
• Amandemen PSAK No. 109, “Instrumen Keuangan”            • Amendment to PSAK No. 109, “Financial Instruments”
  dan PSAK No. 107, “Instrumen Keuangan:                    and PSAK No. 107, “Financial Instruments: Disclosure”
  Pengungkapan” tentang klasifikasi dan pengukuran          about classification and measurement of financial
  instrumen keuangan.                                       instruments.
• Amendemen PSAK No. 109, “Instrumen Keuangan”            • Amendment to PSAK No. 109, “Financial Instruments”
  dan PSAK No. 107, “Instrumen Keuangan:                    and PSAK No. 107, “Financial Instruments: Disclosure”
  Pengungkapan” tentang kontrak yang mengacu pada           about contracts referencing nature-dependent
  listrik bergantung alam.                                  electricity.
• Amendemen PSAK No. 338, “Kombinasi Bisnis               • Amendment to PSAK No. 338, ‘Business Combinations
  Entitas Sepengendali” terkait perubahan rujukan           of Entities Under Common Control,’ regarding changes
  pengukuran bisnis alihan dan penyajian informasi          in the reference for measuring transferred businesses
  prakombinasi bisnis dalam kondisi tidak praktis.          and the presentation of pre-combination information
                                                            when impracticable.

1 Januari 2027                                            January 1, 2027
• PSAK No. 118, “Penyajian dan Pengungkapan dalam         • PSAK No. 118, “Presentation and Disclosure of
  Laporan Keuangan”.                                        Financial Statements”.

Sampai dengan tanggal otorisasi atas laporan keuangan     As at the authorisation date of these consolidated financial
konsolidasian, Perseroan masih mempelajari dampak         statements, the Company is still evaluating the potential
yang mungkin timbul dari penerapan standar baru dan       impact from the implementation of the new standard and
amandemen terhadap laporan keuangan konsolidasian         amendments on the Company’s consolidated financial
Perseroan.                                                statements.




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                                                  Corporate Governance
       05
      Tata Kelola Perusahaan
      Corporate Governance




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      Gedung Kantor Pusat Moratelindo
      Moratelindo Head Office Building




      Landasan, Prinsip, dan Struktur
      Tata Kelola Perseroan
      Foundation, Principles, and Structure of
      the Company’s Corporate Governance

      Tata Kelola Perusahaan adalah suatu struktur dan proses   Corporate Governance is a structure and process used to
      yang digunakan untuk mengarahkan dan mengelola            direct and manage business activities in order to achieve
      usaha untuk mencapai kemajuan usaha dan akuntabilitas     business growth and corporate accountability, with the
      Perusahaan, dengan tujuan akhir menciptakan nilai         ultimate goal of creating sustainable corporate value and
      Perusahaan dan kekayaan pemegang saham secara             shareholder wealth while taking into account the interests
      berkelanjutan dengan memperhatikan kepentingan para       of stakeholders.
      pemangku kepentingan.

      Perseroan meyakini bahwa penerapan Tata Kelola            The Company believes that the implementation of Good
      Perusahaan yang Baik (Good Corporate Governance/          Corporate Governance (GCG) is a critical foundation for
      GCG) merupakan fondasi penting untuk menjaga              maintaining business sustainability, enhancing the trust
      keberlanjutan usaha, meningkatkan kepercayaan             of shareholders and stakeholders, and supporting long-
      pemegang saham dan pemangku kepentingan, serta            term value creation. Strong GCG implementation ensures
      mendukung penciptaan nilai jangka panjang. Penerapan      that decision-making processes are well-directed,
      GCG yang kuat memastikan proses pengambilan               measurable, and accountable, enabling the Company
      keputusan berjalan terarah, terukur, dan akuntabel,       to execute its business strategies consistently while
      sehingga Perseroan dapat menjalankan strategi bisnis      remaining responsive to industry dynamics.
      secara konsisten sekaligus responsif terhadap dinamika
      industri.


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                                                                                     Tata Kelola Perusahaan
                                                                                      Corporate Governance




Implementasi GCG dijalankan dengan sejumlah tujuan         The implementation of GCG is carried out with the
sebagai berikut:                                           following objectives:

1. Mencapai pertumbuhan dan imbal hasil yang               1. To achieve optimal growth and returns and realize
   maksimal, serta mewujudkan nilai pemegang                  long-term shareholder value without neglecting the
   saham dalam jangka panjang tanpa mengabaikan               interests of other stakeholders;
   kepentingan pemangku kepentingan lainnya;
2. Mengendalikan dan mengarahkan hubungan yang             2. To control and direct sound relationships among
   baik antara pemegang saham, Direksi, Dewan                 shareholders, the Board of Directors, the Board of
   Komisaris dan seluruh pemangku kepentingan                 Commissioners, and all Company stakeholders;
   Perseroan;
3. Mendukung aktivitas pengendalian internal dan           3. To support internal control activities and           the
   pengembangan Perseroan;                                    Company’s development;
4. Meningkatkan      pertanggungjawaban       kepada       4. To enhance accountability to stakeholders;
   pemangku kepentingan;
5. Memperbaiki budaya kerja Perseroan; dan                 5. To improve the Company’s work culture; and
6. Menjadikan Perseroan bernilai tambah sehingga turut     6. To enhance the Company’s added value, thereby
   meningkatkan kesejahteraan seluruh insan Perseroan         contributing to the welfare of all Company personnel
   dan segenap pemangku kepentingan lainnya.                  and other stakeholders.

Dalam menerapkan GCG, Perseroan mengacu pada               In implementing GCG, the Company refers to applicable
peraturan perundang-undangan yang berlaku di               laws and regulations in Indonesia, including:
Indonesia, antara lain:

1. Undang-undang No. 40 Tahun 2007 tentang                 1. Law No. 40 of 2007 on Limited Liability Companies;
   Perseroan Terbatas;
2. Perundang-undangan yang terkait dengan Undang-          2. Laws and regulations related to Law No. 8 of 1995 on
   undang No. 8 Tahun 1995 tentang Pasar Modal;               Capital Markets;
3. Peraturan OJK No. 21/SEOJK.04/2015 tentang              3. OJK Regulation No. 21/SEOJK.04/2015 on the
   Penerapan Pedoman Tata Kelola Perusahaan                   Implementation of Corporate Governance Guidelines
   Terbuka;                                                   for Public Companies;
4. Surat Edaran OJK No. 32/SEOJK.04/2015 tentang           4. OJK Circular Letter No. 32/SEOJK.04/2015 on
   Pedoman Tata Kelola Perusahaan Terbuka;                    Corporate Governance Guidelines for Public
                                                              Companies;
5. Anggaran Dasar Perseroan dan Keputusan Rapat            5. The Company’s Articles of Association and resolutions
   Umum Pemegang Saham (“RUPS”); dan                          of the General Meeting of Shareholders (GMS); and
6. Kebijakan dan/atau Peraturan Perusahaan.                6. Policy and/or Regulation of the Company.

Pada implementasinya, Perseroan berpedoman pada            In its implementation, the Company is guided by four
empat pilar GCG, yaitu Perilaku Beretika, Akuntabilitas,   pillars of GCG, namely Ethical Behavior, Accountability,
Transparansi, dan Keberlanjutan.                           Transparency, and Sustainability.




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      Rapat Umum Pemegang Saham
      General Meeting of Shareholders




      RUPST dan RUPSLB Moratelindo 5 Juni 2025.
      AGMS and EGMS of Moratelindo on June, 5 2025.




      Rapat Umum Pemegang Saham (RUPS) merupakan                     The General Meeting of Shareholders (GMS) is the highest
      organ tertinggi dalam struktur Tata Kelola Perseroan           organ in the Company’s corporate governance structure
      yang berfungsi sebagai sarana bagi para pemegang               and serves as a forum for shareholders to jointly realize
      saham secara bersama-sama mewujudkan sebagian                  some of their rights. The GMS has specific authorities
      hak-hak mereka. RUPS memiliki wewenang tersendiri,             that are not granted to the Board of Directors or the
      yang tidak diberikan kepada Direksi maupun Dewan               Board of Commissioners, within the limits stipulated by
      Komisaris, dalam batas yang ditentukan dalam undang-           law and/or the Company’s Articles of Association.
      undang dan/atau Anggaran Dasar Perseroan.

      Dasar hukum penyelenggaraan                 RUPS   Perseroan   The legal basis for the implementation of the Company’s
      mengacu pada:                                                  GMS refers to:

      1. Anggaran Dasar Perseroan.                                   1. The Company’s Articles of Association.
      2. Undang-Undang No. 40 Tahun 2007 tentang                     2. Law No. 40 of 2007 concerning Limited Liability
         Perseroan Terbatas.                                            Companies.
      3. POJK No. 15/POJK.04/2020 tentang Rencana dan                3. POJK Number 15/POJK.04/2020 on the Planning
         Penyelenggaraan Rapat Umum Pemegang Saham                      and Conduct of General Meetings of Shareholders of
         Perusahaan Terbuka.                                            Public Companies.




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                                                                                   Tata Kelola Perusahaan
                                                                                    Corporate Governance




4. POJK No. 14 Tahun 2025 tentang Pelaksanaan Rapat     4. POJK No. 14 Year 2025 on the Electronic
   Umum Pemegang Saham, Rapat Umum Pemegang                Implementation of General Meetings of Shareholders,
   Obligasi, dan Rapat Umum Pemegang Sukuk secara          General Meetings of Bondholders, and General
   Elektronik.                                             Meetings of Sukukholders.
5. Pedoman Tata Kelola Perusahaan.                      5. The Corporate Governance Guidelines.

RUPS Tahunan (RUPST) wajib dilaksanakan paling          The Annual General Meeting of Shareholders (AGMS)
lambat 6 bulan setelah tahun buku Perseroan atau pada   must be held no later than 6 months after the end of the
kondisi tertentu, dalam batas waktu yang ditetapkan     Company’s financial year or, under certain conditions,
oleh Otoritas Jasa Keuangan.                            within the time limit determined by the Financial Services
                                                        Authority.

Adapun RUPS Luar Biasa (RUPSLB) diselenggarakan         An Extraordinary General Meeting of Shareholders
sewaktu-waktu    berdasarkan    kebutuhan  untuk        (EGMS) may be convened at any time as necessary to
membicarakan dan memutuskan mata acara rapat            discuss and resolve agenda items in the interest of the
untuk kepentingan Perseroan, dengan memperhatikan       Company, with due observance of the prevailing laws and
peraturan perundang-undangan dan Anggaran Dasar         regulations and the Company’s Articles of Association.
Perseroan.

Sepanjang tahun 2025, Perseroan menyelenggarakan        During 2025, the Company held one AGMS and one
satu kali RUPST dan satu kali RUPSLB.                   EGMS.

Rapat Umum Pemegang Saham                               Annual General Meeting Shareholders
Tahunan (RUPST) 2025                                    (AGMS) in 2025

Pada tahun 2025, Perseroan telah menyelenggarakan       In 2025, the Company held the AGMS for the 2024
RUPST untuk Tahun Buku 2024. Perseroan melakukan        financial year. The Company carried out several stages
beberapa tahapan untuk penyelenggaraan RUPST            in organizing the AGMS in accordance with prevailing
sesuai peraturan yang berlaku, yaitu melakukan          regulations, namely submitting a Notification of the AGMS
Pemberitahuan rencana RUPST kepada Otoritas Jasa        plan to the Financial Services Authority on April 22, 2025,
Keuangan pada tanggal 22 April 2025, melakukan          making the Announcement, Correction Announcement,
Pengumuman, Ralat Pengumuman dan Pemanggilan            and Invitation of AGMS on April 29, 2025, May 5, 2025,
RUPST pada tanggal 29 April 2025, 5 Mei 2025, dan       and May 14, 2025, and submitting the Summary of the
14 Mei 2025, serta melakukan penyampaian Ringkasan      AGMS Minutes and the AGMS Minutes on June 10, 2025
Risalah RUPST dan Risalah RUPST pada tanggal 10 Juni    and July 1, 2025.
2025 dan 1 Juli 2025.




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             Hari/Tanggal                                                      Kamis, 5 Juni 2025
              Day/Date                                                       Thursday, June 5, 2025

                Waktu
                                                                               10.00 – 10.48 WIB
                Time

                                                                                    Offline:
                                                           R. Rapha 1 & 2, JS Luwansa Hotel and Convention Center,
                                                                 Jl. H.R. Rasuna Said Kav C-22, Jakarta 12940
               Tempat
                Venue
                                                                                 Online:
                                                             Sistem e-RUPS eASY.KSEI yang disediakan oleh KSEI
                                                               The eASY.KSEI e-RUPS system provided by KSEI



      Kehadiran RUPST 2025                                                   Attendance at the 2025 AGMS

                                     Jumlah saham dengan hak suara yang hadir atau diwakili dalam RUPST adalah 21.967.066.091 saham
                                     atau 92,8970858% dari total 23.646.668.691 saham Perseroan. Dengan demikian, ketentuan kuorum
                                     kehadiran sebagaimana diatur dalam Pasal 11 ayat (3) huruf a Anggaran Dasar Perseroan telah terpenuhi,
       Kehadiran Pemegang Saham      yaitu lebih dari 1/2 bagian dari jumlah seluruh saham dengan hak suara yang sah yang telah dikeluarkan
                (Kuorum)             oleh Perseroan atau kuasa mereka yang sah.
         Shareholder Attendance      The number of shares with voting rights present or represented at the AGMS amounted to 21,967,066,091
                (Quorum)             shares, or 92.8970858% of the Company’s total 23,646,668,691 shares. Accordingly, the quorum
                                     requirement as stipulated in Article 11 paragraph (3) letter a of the Company’s Articles of Association was
                                     fulfilled, namely more than one-half of the total number of valid voting shares issued by the Company,
                                     present or represented by their lawful proxies.


        Kehadiran Dewan Komisaris
                                     1. Indra Nathan Kusnadi – Komisaris Utama/President Commissioner
        Attendance of the Board of
                                     2. Karim Panjaitan – Komisaris/Commissioner
             Commissioners


            Kehadiran Direksi
                                     1. Jimmy Kadir – Direktur Utama/President Director
        Attendance of the Board of
                                     2. Genta Andhika Putra – Wakil Direktur Utama/Vice President Director
                Directors

                                     1. Aulia Taufani, S.H. – Notaris, sebagai Pihak Independen dalam pelaksanaan RUPS untuk melakukan
                                        pencatatan.
                                        Aulia Taufani, S.H. – Notary, acting as an Independent Party in the implementation of the GMS to record
                                        the proceedings.
                                     2. Gufron Suhartono – Biro Administrasi Efek PT Sinartama Gunita, sebagai Pihak Independen dalam
       Kehadiran Pihak Independen
                                        pelaksanaan RUPS untuk melakukan penghitungan suara.
        Attendance of Independent
                                        Gufron Suhartono – Share Registrar PT Sinartama Gunita, acting as an Independent Party in the
                 Parties
                                        implementation of the GMS to conduct vote counting.
                                     3. Leo Susanto – Kantor Akuntan Publik Mirawati Sensi Idris (Moore Global Network Limited), sebagai
                                        Pihak Independen yang melakukan audit atas Laporan Keuangan Perseroan.
                                        Leo Susanto – Public Accounting Firm Mirawati Sensi Idris (Moore Global Network Limited), as the
                                        Independent Party conducting the audit of the Company’s Financial Statements.




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                                                                                                                        Tata Kelola Perusahaan
                                                                                                                         Corporate Governance




Keputusan RUPST 2025 dan Realisasinya                                             AGMS Resolutions for 2025 and Their
                                                                                  Implementation

Seluruh keputusan RUPST telah dimuat dalam Akta No                                All resolutions of the AGMS were set forth in Deed No.
15 tanggal 5 Juni 2025 yang dibuat oleh dan di hadapan                            15 dated June 5, 2025, drawn up by and before Aulia
Aulia Taufani, S.H. Notaris di Jakarta Selatan.                                   Taufani, S.H., Notary in South Jakarta.



                                                                   Keputusan RUPST                                                               Realisasi
                                                                    AGMS Resolution                                                             Realization
  Mata Acara ke-1   1. Menerima dengan baik Laporan Direksi dan Laporan Pengawasan Dewan Komisaris mengenai jalannya Perseroan                   Terealisasi
   Agenda Item 1       dan tata usaha Perseroan untuk tahun buku yang berakhir pada tanggal 31 Desember 2024.                                     Realized
                       To duly accept the Board of Directors’ Report and the Board of Commissioners’ Supervisory Report regarding the
                       Company’s operations and administration for the financial year ended December 31, 2024.
                    2. Menerima Laporan Tahunan Perseroan untuk tahun buku yang berakhir pada tanggal 31 Desember 2024.
                       To accept the Company’s Annual Report for the financial year ended December 31, 2024.
                    3. Mengesahkan Laporan Keuangan Tahunan Konsolidasian PT Mora Telematika Indonesia Tbk dan Entitas Anak
                       untuk Tahun-tahun yang Berakhir 31 Desember 2024 dan 2023 yang telah diaudit oleh Kantor Akuntan Publik
                       Mirawati Sensi Idris sebagaimana ternyata dari laporannya Nomor 00338/2.1090/AU.1/06/1284-1/1/III/2025
                       tertanggal 24 Maret 2025 dengan pendapat wajar, dalam semua hal yang material.
                       To approve and ratify the Consolidated Annual Financial Statements of PT Mora Telematika Indonesia Tbk and
                       its Subsidiaries for the financial years ended December 31, 2024 and 2023, which have been audited by Kantor
                       Akuntan Publik Mirawati Sensi Idris, as stated in Audit Report No. 00338/2.1090/AU.1/06/1284-1/1/III/2025 dated
                       March 24, 2025, with an unqualified opinion in all material respects.
                    4. Memberikan pembebasan dan pelunasan tanggung jawab sepenuhnya (Acquit et de Charge) kepada Dewan
                       Komisaris atas tindakan pengawasan dan Direksi Perseroan atas tindakan pengurusannya dalam tahun buku 2024,
                       sepanjang tindakan tersebut tercermin pada laporan keuangan Perseroan tahun buku yang berakhir pada tanggal
                       31 Desember 2024.
                       To grant full release and discharge of responsibility (acquit et de charge) to the Board of Commissioners for their
                       supervisory actions and to the Board of Directors for their management actions during the 2024 financial year,
                       insofar as such actions are reflected in the Company’s financial statements for the financial year ended December
                       31, 2024.

  Mata Acara ke-2   Tidak membagikan dividen untuk tahun buku yang berakhir pada tanggal 31 Desember 2024 dan seluruh Laba Tahun                 Terealisasi
   Agenda Item 2    Berjalan yang diperoleh Perseroan tahun buku yang berakhir pada tanggal 31 Desember 2024 setelah disisihkan untuk             Realized
                    cadangan sebesar Rp1 miliar, akan menambah Saldo Laba/Retained Earnings Perseroan yang akan digunakan untuk
                    ekspansi pengembangan jaringan telekomunikasi.
                    The Meeting resolved not to distribute dividends for the financial year ended December 31, 2024. All current-year profit
                    earned by the Company for the financial year ended December 31, 2024, after the allocation of IDR 1 billion to statutory
                    reserves, shall be added to the Company’s retained earnings and utilized for the expansion of telecommunications
                    network development.

  Mata Acara ke-3   Menyetujui pemberian delegasi kewenangan kepada Dewan Komisaris Perseroan untuk:                                             Terealisasi
   Agenda Item 3    The Meeting approved the delegation of authority to the Company’s Board of Commissioners to:                                  Realized
                    1. Menunjuk Akuntan Publik dan/atau Kantor Akuntan Publik yang akan melakukan audit atas Laporan Keuangan
                       Perseroan untuk tahun buku yang berakhir pada tanggal 31 Desember 2025.
                       Appoint a Public Accountant and/or Public Accounting Firm to audit the Company’s Financial Statements for the
                       financial year ending December 31, 2025.
                    2. Menetapkan besarnya honorarium akuntan publik dan/atau kantor akuntan publik tersebut serta persyaratan lain
                       sehubungan dengan penunjukan tersebut.
                       Determine the amount of the public accountant’s and/or public accounting firm’s honorarium and other terms and
                       conditions related to such appointment.
                    3. Menunjuk kantor akuntan publik pengganti bilamana kantor akuntan publik tersebut tidak dapat melaksanakan
                       tugas auditnya sesuai dengan standar profesi dan kode etik akuntan publik yang ditetapkan oleh asosiasi profesi
                       dan ketentuan perundangan yang berlaku, termasuk peraturan di bidang pasar modal dan/atau peraturan OJK.
                       Appoint a replacement public accounting firm should the appointed public accounting firm be unable to perform its
                       audit duties in accordance with professional standards and the code of ethics for public accountants as stipulated
                       by the relevant professional association and applicable laws and regulations, including capital market regulations
                       and/or Financial Services Authority (OJK) regulations.

  Mata Acara ke-4   Menyetujui pemberian delegasi kewenangan kepada Dewan Komisaris untuk menetapkan gaji atau honorarium dan                    Terealisasi
   Agenda Item 4    tunjangan anggota Direksi dan Dewan Komisaris untuk tahun 2025 dengan memperhatikan rekomendasi dari Komite                   Realized
                    Nominasi dan Remunerasi.
                    The Meeting approved the delegation of authority to the Board of Commissioners to determine the salaries or honoraria
                    and benefits of the members of the Board of Directors and the Board of Commissioners for 2025, taking into account the
                    recommendations of the Nomination and Remuneration Committee.

  Mata Acara ke-5   Oleh karena Mata Acara Kelima RUPST hanya bersifat laporan, maka tidak dilakukan sesi pengambilan keputusan.                 Terealisasi
   Agenda Item 5    Direksi Perseroan menyampaikan Laporan Realisasi penggunaan Dana Hasil Penawaran Umum Sukuk Ijarah                            Realized
                    Berkelanjutan II Moratelindo Tahap II Tahun 2024 seri A dan seri B, sebagaimana yang telah dilaporkan dalam Rapat.
                    As the Fifth Agenda Item of the AGMS was for reporting purposes only, no decision-making session was conducted. The
                    Company’s Board of Directors presented the Report on the Realization of the Use of Proceeds from the Public Offering
                    of Moratelindo Shelf Registration Ijarah Sukuk II Phase II Year 2024, Series A and Series B, as presented at the Meeting.




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      Rapat Umum Pemegang Saham Luar                                         Extraordinary General Meeting of
      Biasa (RUPSLB) 2025                                                    Shareholders (EGMS) in 2025

      Pada tahun 2025, Perseroan telah menyelenggarakan                      In 2025, the Company held an Extraordinary General
      RUPSLB. Perseroan melakukan beberapa tahapan untuk                     Meeting of Shareholders (EGMS). The Company carried
      penyelenggaraan RUPSLB sesuai prosedur hukum yaitu                     out several stages in organizing the EGMS in accordance
      melakukan Pemberitahuan rencana RUPSLB kepada                          with applicable legal procedures, namely submitting a
      Otoritas Jasa Keuangan pada tanggal 22 April 2025,                     Notification of the EGMS plan to the Financial Services
      melakukan Pengumuman, Ralat Pengumuman dan                             Authority on April 22, 2025, making the Announcement,
      Pemanggilan RUPSLB pada tanggal 29 April 2025, 5 Mei                   Correction Announcement, and Invitation of EGMS on
      2025, dan 14 Mei 2025, serta melakukan penyampaian                     April 29, 2025, May 5, 2025, and May 14, 2025, and
      Ringkasan Risalah RUPSLB dan Risalah RUPSLB pada                       submitting the Summary of the EGMS Minutes and the
      tanggal 10 Juni 2025 dan 1 Juli 2025.                                  EGMS Minutes on June 10, 2025 and July 1, 2025.


            Hari/Tanggal                                                       Kamis, 5 Juni 2025
             Day/Date                                                        Thursday, June 5, 2025

               Waktu
                                                                                 10.53 – 11.12 WIB
               Time

                                                                                     Offline:
                                                            R. Rapha 1 & 2, JS Luwansa Hotel and Convention Center,
                                                                  Jl. H.R. Rasuna Said Kav C-22, Jakarta 12940
               Tempat
                Venue                                                             Online:
                                                              Sistem e-RUPS eASY.KSEI yang disediakan oleh KSEI
                                                                The eASY.KSEI e-RUPS system provided by KSEI




      Kehadiran RUPSLB 2025                                                  Attendance at the 2025 EGMS

                                 Jumlah saham dengan hak suara yang hadir atau diwakili dalam RUPSLB adalah 21.967.083.591 saham atau
                                 92,8971598% dari total 23.646.668.691 saham Perseroan. Dengan demikian, ketentuan kuorum kehadiran (i)
                                 untuk mata acara rapat pertama, yaitu paling sedikit ¾ bagian dari jumlah seluruh saham dengan hak suara
         Kehadiran Pemegang      yang sah, dan (ii) untuk mata acara rapat kedua, yaitu paling sedikit ⅔ bagian dari jumlah seluruh saham
           Saham (Kuorum)        dengan hak suara yang sah, telah terpenuhi seluruhnya.
             Shareholders’       The total number of shares with voting rights that were present or represented at the EGMS was 21,967,083,591
         Attendance (Quorum)     shares, representing 92.8971598% of the total 23,646,668,691 shares of the Company. Accordingly, the
                                 quorum requirements for attendance, namely (i) for the first agenda item, at least ¾ of the total valid shares
                                 with voting rights, and (ii) for the second agenda item, at least ⅔ of the total valid shares with voting rights,
                                 were fully satisfied.

              Kehadiran
           Dewan Komisaris       1. Indra Nathan Kusnadi – Komisaris Utama/President Commissioner
       Attendance of the Board   2. Karim Panjaitan – Komisaris/Commissioner
          of Commissioners

          Kehadiran Direksi
                                 1. Jimmy Kadir – Direktur Utama/President Director
       Attendance of the Board
                                 2. Genta Andhika Putra – Wakil Direktur Utama/Vice President Director
             of Directors

                                 1. Aulia Taufani, S.H. – Notaris, sebagai Pihak Independen dalam pelaksanaan RUPS untuk melakukan
                                    pencatatan.
                                    Aulia Taufani, S.H. – Notary, acting as an Independent Party in the implementation of the GMS to record the
                                    proceedings.
           Kehadiran Pihak       2. Gufron Suhartono – Biro Administrasi Efek PT Sinartama Gunita, sebagai Pihak Independen dalam
             Independen             pelaksanaan RUPS untuk melakukan penghitungan suara.
            Attendance of           Gufron Suhartono – Share Registrar, PT Sinartama Gunita, acting as an Independent Party in the implementation
         Independent Parties        of the GMS to conduct vote counting.
                                 3. Leo Susanto – Kantor Akuntan Publik Mirawati Sensi Idris (Moore Global Network Limited), sebagai Pihak
                                    Independen yang melakukan Audit atas Laporan Keuangan Perseroan.
                                    Leo Susanto – Public Accounting Firm Mirawati Sensi Idris (Moore Global Network Limited), as the Independent
                                    Party conducting the audit of the Company’s Financial Statements.




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                                                                                                            Tata Kelola Perusahaan
                                                                                                             Corporate Governance




Keputusan RUPSLB 2025 dan                                                  EGMS Resolutions for 2025 and Their
Realisasinya                                                               Implementation

Berikut ini keputusan RUPSLB pada tahun 2025 sesuai                        The following are the resolutions of the EGMS in 2025 in
mata acara. Seluruh keputusan RUPSLB telah dimuat                          accordance with the agenda items. All EGMS resolutions
dalam Akta No 16 tanggal 5 Juni 2025 yang dibuat oleh                      were set forth in Deed No. 16 dated June 5, 2025, drawn
dan di hadapan Aulia Taufani, S.H. Notaris di Jakarta                      up by and before Aulia Taufani, S.H., Notary in South
Selatan.                                                                   Jakarta.


                                                         Keputusan RUPSLB                                                            Realisasi
                                                          EGMS Resolution                                                           Realization

 Mata     1. Menyetujui penjaminan dan/atau rencana penjaminan oleh Direksi Perseroan atas sebagian besar aset                      Terealisasi
 Acara       bergerak maupun aset tidak bergerak Perseroan dan anak perusahaan Perseroan sehubungan dengan fasilitas                 Realized
 Ke-1        pinjaman yang diperoleh dan/atau akan diperoleh Perseroan dari para kreditur bank dan/atau perusahaan
 Agenda      modal ventura dan/atau perusahaan pembiayaan dan/atau perusahaan pembiayaan infrastruktur baik dari
 Item 1      dalam negeri maupun luar negeri, termasuk persetujuan bagi Perseroan untuk masuk dan menjadi pihak
             dalam setiap dokumen-dokumen transaksi yang timbul berdasarkan atau sehubungan dengan perolehan
             fasilitas pinjaman tersebut.
             To approve the provision and/or planned provision of guarantees by the Company’s Board of Directors over
             the majority of the Company’s movable and immovable assets and those of its subsidiaries in connection
             with loan facilities obtained and/or to be obtained by the Company from bank creditors and/or venture capital
             companies and/or financing companies and/or infrastructure financing companies, both domestic and foreign,
             including approval for the Company to enter into and become a party to all transaction documents arising from
             or in connection with the obtaining of such loan facilities.
          2. Memberikan wewenang kepada Direksi Perseroan dengan hak substitusi, untuk melakukan segala tindakan
             yang diperlukan sehubungan dengan hal-hal yang diputuskan dalam Keputusan Rapat ini dan dalam rangka
             pelaksanaan serta efektifnya keputusan-keputusan yang tercantum dalam Keputusan Rapat ini, seluruhnya
             tanpa ada yang dikecualikan, termasuk namun tidak terbatas pada, membuat atau meminta dibuatkan segala
             dokumen, perjanjian dan/atau akta yang diperlukan serta menyatakan kembali Keputusan ini, baik sebagian
             maupun seluruhnya, dalam bentuk akta notaris, menghadap dihadapan pihak, pejabat, badan dan/atau
             instansi yang berwenang dengan memperhatikan ketentuan yang berlaku termasuk namun tidak terbatas
             pada ketentuan di bidang Pasar Modal.
             To grant authority to the Company’s Board of Directors, with the right of substitution, to take all actions
             necessary in connection with the matters resolved in this Meeting Resolution and for the implementation
             and effectiveness of the resolutions set forth herein, without exception, including but not limited to preparing
             or causing to be prepared all necessary documents, agreements, and/or deeds, as well as restating this
             Resolution, in part or in whole, in the form of a notarial deed, and to appear before authorized parties, officials,
             bodies, and/or institutions, with due observance of applicable provisions, including but not limited to capital
             market regulations.

 Mata     1. Menyetujui untuk mengubah Anggaran Dasar Perseroan, yaitu Pasal 4, Pasal 10, Pasal 11, Pasal 12, Pasal 17,             Terealisasi
 Acara       Pasal 19, Pasal 20, Pasal 21, serta menyatakan kembali (restatement) seluruh ketentuan Anggaran Dasar                   Realized
 ke-2        Perseroan dengan tetap memenuhi seluruh ketentuan peraturan perundang-undangan yang berlaku sesuai
 Agenda      dengan pokok-pokok perubahan Anggaran Dasar Perseroan yang telah diunggah dalam situs web Perseroan.
 Item 2      To approve the amendment of the Company’s Articles of Association, namely Articles 4, 10, 11, 12, 17, 19, 20,
             and 21, and to restate the entire provisions of the Company’s Articles of Association, while fully complying with
             all applicable laws and regulations, in accordance with the main points of the amendments to the Articles of
             Association that have been uploaded on the Company’s website.
          2. Memberikan wewenang kepada Direksi Perseroan dengan hak substitusi, untuk melakukan segala tindakan
             yang diperlukan sehubungan dengan hal-hal yang diputuskan dalam Keputusan Rapat ini dan dalam rangka
             pelaksanaan serta efektifnya keputusan-keputusan yang tercantum dalam Keputusan Rapat ini, seluruhnya
             tanpa ada yang dikecualikan, termasuk tetapi tidak terbatas pada, membuat atau meminta dibuatkan segala
             dokumen, perjanjian dan/atau akta yang diperlukan serta menyatakan kembali Keputusan ini, baik sebagian
             maupun seluruhnya, dalam bentuk akta notaris, menghadap dihadapan pihak, pejabat, badan dan/atau
             instansi yang berwenang termasuk notaris, melakukan pemberitahuan, pendaftaran dan/atau mengajukan
             permohonan dan/atau pendaftaran kepada dan/atau dari pihak yang berwenang dan/atau pihak-pihak terkait
             lainnya.
             To grant authority to the Company’s Board of Directors, with the right of substitution, to take all actions
             necessary in connection with the matters resolved in this Meeting Resolution and for the implementation
             and effectiveness of the resolutions set forth herein, without exception, including but not limited to preparing
             or causing to be prepared all necessary documents, agreements, and/or deeds, as well as restating this
             Resolution, in part or in whole, in the form of a notarial deed, appearing before authorized parties, officials,
             bodies, and/or institutions including notaries, and carrying out notifications, registrations, and/or submitting
             applications and/or registrations to and/or from the competent authorities and/or other relevant parties.




                                                                                                    Annual Report 2025 | Laporan Tahunan 2025
                                                                                                            PT Mora Telematika Indonesia Tbk      153
Page 154
      Rapat Umum Pemegang Saham Tahunan                                     Annual General Meeting of Shareholders
      (RUPST) 2024                                                          (AGMS) in 2024

      Pada tahun 2024, Perseroan telah menyelenggarakan                     In 2024, the Company convened its AGMS for the 2023
      RUPST untuk Tahun Buku 2023. Sesuai prosedur                          Financial Year. In accordance with legal procedures, the
      hukum, Perseroan melakukan beberapa tahapan                           Company undertook several stages in organizing the
      untuk penyelenggaraan RUPST, yaitu melakukan                          AGMS, namely submitting a Notification of the AGMS
      Pemberitahuan rencana RUPST kepada Otoritas Jasa                      plan to the Otoritas Jasa Keuangan on April 29, 2024,
      Keuangan pada tanggal 29 April 2024, melakukan                        Announcing and issuing the Invitation for the AGMS
      Pengumuman dan Pemanggilan RUPST pada tanggal 7                       on May 7, 2024 and May 22, 2024, and submitting the
      Mei 2024 dan 22 Mei 2024, dan melakukan penyampaian                   Summary of Minutes of the AGMS and the Minutes of the
      Ringkasan Risalah RUPST dan Risalah RUPST pada                        AGMS on June 14, 2024 and July 11, 2024.
      tanggal 14 Juni 2024 dan 11 Juli 2024.



                 Hari/Tanggal                                                     Kamis, 13 Juni 2024
                  Day/Date                                                      Thursday, June 13, 2024


                    Waktu
                                                                                    10.30 - 11.35 WIB
                    Time

                                                                                       Offline:
                                                                       Rosewood Room 1-3, Royal Kuningan Hotel
                                                             JL. Kuningan Persada No. 2, Guntur, Setiabudi, Jakarta Selatan
                   Tempat
                   Venue
                                                                                      Online:
                                                                  Sistem e-RUPS eASY.KSEI yang disediakan oleh KSEI
                                                                    The eASY.KSEI e-RUPS system provided by KSEI



      Kehadiran RUPST 2024                                                  Attendance at the 2024 AGMS

                                         Para pemegang saham yang hadir mewakili 21.121.216.891 saham atau sama dengan 89,32% dari
                                         jumlah seluruh saham dengan hak suara yang sah yang telah dikeluarkan oleh Perseroan, oleh
                                         karenanya, kuorum yang disyaratkan yaitu dihadiri lebih dari 1/2 bagian dari jumlah seluruh saham
         Kehadiran Pemegang Saham
                                         dengan hak suara yang sah yang telah dikeluarkan oleh Perseroan atau kuasa mereka yang sah, telah
                  (Kuorum)
                                         terpenuhi.
       Shareholder Attendance (Quorum)
                                         The shareholders present represented 21,121,216,891 shares, or 89.32% of the total valid shares
                                         with voting rights that have been issued by the Company. Therefore, the required quorum, namely
                                         attendance of more than 1/2 of the total valid shares with voting rights issued by the Company or their
                                         duly authorized proxies, was duly fulfilled.

                  Kehadiran
                                         1. Indra Nathan Kusnadi – Komisaris Utama/President Commissioner
               Dewan Komisaris
                                         2. Karim Panjaitan – Komisaris/Commissioner
          Attendance of the Board of
                                         3. Kanaka Puradiredja – Komisaris Independen/Independent Commissioner
                Commissioners

              Kehadiran Direksi
                                         1. Jimmy Kadir – Direktur Utama/President Director
          Attendance of the Board of
                                         2. Genta Andhika Putra – Wakil Direktur Utama/Vice President Director
                  Directors

                                         1. Aulia Taufani, S.H. – Notaris, sebagai Pihak Independen dalam pelaksanaan RUPS untuk
                                            melakukan pencatatan.
                                            Aulia Taufani, S.H. – Notary, acting as an Independent Party in the implementation of the GMS to
                                            record the proceedings.
                                         2. Gufron Suhartono – Biro Administrasi Efek PT Sinartama Gunita, sebagai Pihak Independen dalam
         Kehadiran Pihak Independen
                                            pelaksanaan RUPS untuk melakukan penghitungan suara.
          Attendance of Independent
                                            Gufron Suhartono – Share Registrar PT Sinartama Gunita, acting as an Independent Party in the
                   Parties
                                            implementation of the GMS to conduct vote counting.
                                         3. Leo Susanto – Kantor Akuntan Publik Mirawati Sensi Idris (Moore Global Network Limited),
                                            sebagai Pihak Independen yang melakukan Audit atas Laporan Keuangan Perseroan.
                                            Leo Susanto – Public Accounting Firm Mirawati Sensi Idris (Moore Global Network Limited), as the
                                            Independent Party conducting the audit of the Company’s Financial Statements.




      Annual Report 2025 | Laporan Tahunan 2025
154   PT Mora Telematika Indonesia Tbk
Page 155
                                                                                                       Tata Kelola Perusahaan
                                                                                                        Corporate Governance




Keputusan RUPST 2024 dan Realisasinya                                  AGMS Resolutions for 2024 and Their
                                                                       Implementation

Seluruh keputusan RUPST telah dimuat dalam Akta                        All resolutions of the AGMS were set forth in Deed No.
No 35 tanggal 13 Juni 2024 yang dibuat oleh dan di                     35 dated June 13, 2024, drawn up by and before Aulia
hadapan Aulia Taufani, S.H. Notaris di Jakarta Selatan.                Taufani, S.H., Notary in South Jakarta.


                                                       Keputusan RUPST                                                         Realisasi
                                                        AGMS Resolution                                                       Realization
 Mata     1. Menerima dengan baik Laporan Direksi dan Laporan Pengawasan Dewan Komisaris mengenai jalannya                    Terealisasi
 Acara       Perseroan dan tata usaha Perseroan untuk tahun buku yang berakhir pada tanggal 31 Desember 2023.                  Realized
 ke-1        To duly accept the Board of Directors’ Report and the Board of Commissioners’ Supervisory Report regarding
 Agenda      the Company’s operations and administration for the financial year ended December 31, 2023.
 Item 1   2. Menerima Laporan Tahunan Perseroan untuk tahun buku yang berakhir pada tanggal 31 Desember 2023.
             To accept the Company’s Annual Report for the financial year ended December 31, 2023.
          3. Mengesahkan Laporan Keuangan Tahunan Konsolidasian PT Mora Telematika Indonesia Tbk dan Entitas
             Anak untuk Tahun-tahun yang Berakhir 31 Desember 2023 dan 2022 yang telah diaudit oleh Kantor Akuntan
             Publik Mirawati Sensi Idris sebagaimana ternyata dari laporannya Nomor 00086/2.1090/ AU.1/06/0153-3/1/
             III/2024 tertanggal 14 Maret 2024 dengan pendapat wajar, dalam semua hal yang material.
             To approve and ratify the Consolidated Annual Financial Statements of PT Mora Telematika Indonesia Tbk
             and its Subsidiaries for the financial years ended December 31, 2023 and 2022, which have been audited by
             Kantor Akuntan Publik Mirawati Sensi Idris, as stated in Audit Report No. 00086/2.1090/ AU.1/06/0153-3/1/
             III/2024 dated March 14, 2024, with an unqualified opinion in all material respects.
          4. Memberikan pembebasan dan pelunasan tanggung jawab sepenuhnya (Acquit et de Charge) kepada Dewan
             Komisaris atas tindakan pengawasan dan Direksi Perseroan atas tindakan pengurusannya dalam tahun buku
             2023, sepanjang tindakan tersebut tercermin pada laporan keuangan Perseroan tahun buku yang berakhir
             pada tanggal 31 Desember 2023.
             To grant full release and discharge of responsibility (acquit et de charge) to the Board of Commissioners for
             their supervisory actions and to the Board of Directors for their management actions during the 2023 financial
             year, insofar as such actions are reflected in the Company’s financial statements for the financial year ended
             December 31, 2023.

 Mata     Untuk tidak membagikan dividen untuk tahun buku yang berakhir pada tanggal 31 Desember 2023 dan seluruh             Terealisasi
 Acara    laba bersih tahun berjalan yang diperoleh Perseroan selama tahun buku yang berakhir pada tanggal 31 Desember         Realized
 ke-2     2023 setelah dikurangi Dana Cadangan, akan dicatat sebagai Laba Ditahan Perseroan yang penggunaannya
 Agenda   untuk ekspansi pengembangan jaringan telekomunikasi.
 Item 2   The Meeting resolved not to distribute dividends for the financial year ended December 31, 2023. All net profit
          for the current year earned by the Company during the financial year ended December 31, 2023, after deduction
          of the statutory reserve, shall be recorded as the Company’s retained earnings and used for the expansion of
          telecommunications network development.

 Mata     Menyetujui untuk mendelegasikan wewenang kepada Dewan Komisaris Perseroan untuk menunjuk Akuntan                    Terealisasi
 Acara    Publik dan/atau Kantor Akuntan Publik Independen Perseroan yang terdaftar di Otoritas Jasa Keuangan dan              Realized
 ke-3     memiliki reputasi yang baik yang akan melakukan audit atas Laporan Keuangan Perseroan untuk tahun buku
 Agenda   yang berakhir pada tanggal 31 Desember 2024 dengan memenuhi kriteria-kriteria Akuntan Publik dan/atau
 Item 3   Kantor Akuntan Publik yang telah dijelaskan sebelumnya dalam Rapat, dan memberi wewenang kepada Dewan
          Komisaris Perseroan untuk menetapkan besarnya honorarium Akuntan Publik dan/atau Kantor Akuntan Publik
          tersebut serta persyaratan lain sehubungan dengan penunjukan tersebut.
          The Meeting approved the delegation of authority to the Company’s Board of Commissioners to appoint a Public
          Accountant and/or Independent Public Accounting Firm of the Company that is registered with the Financial
          Services Authority and has a good reputation to audit the Company’s Financial Statements for the financial year
          ending December 31, 2024, in accordance with the criteria for Public Accountants and/or Public Accounting
          Firms as explained earlier in the Meeting. The Meeting also granted authority to the Board of Commissioners to
          determine the amount of the Public Accountant’s and/or Public Accounting Firm’s honorarium and other terms and
          conditions related to such appointment.

 Mata     Menyetujui dan menetapkan gaji/honorarium dan/atau tunjangan/remunerasi lainnya bagi anggota Direksi dan            Terealisasi
 Acara    Komisaris Perseroan untuk Tahun buku 2024 yaitu untuk anggota Direksi sebanyak Rp5.546.713.622,- dan                 Realized
 ke-4     untuk Dewan Komisaris sebanyak Rp1.794.074.703,-.
 Agenda   The Meeting approved and determined the salaries/honoraria and/or other benefits/remuneration for members
 Item 4   of the Company’s Board of Directors and Board of Commissioners for the 2024 financial year, amounting to
          IDR 5,546,713,622 for the Board of Directors and IDR 1,794,074,703 for the Board of Commissioners.

 Mata     Direksi Perseroan menyampaikan Laporan Realisasi Penggunaan Dana Hasil Penawaran Umum Perdana Saham                 Terealisasi
 Acara    Perseroan dan Hasil Penawaran Umum Sukuk Ijarah Berkelanjutan II Moratelindo Tahap I Tahun 2023 Seri A dan           Realized
 ke-5     Seri B, sebagaimana yang telah dilaporkan saat Rapat.
 Agenda   The Company’s Board of Directors presented the Report on the Realization of the Use of Proceeds from the
 Item 5   Company’s Initial Public Offering and from the Public Offering of Moratelindo Shelf Registration Ijarah Sukuk II
          Phase I Year 2023, Series A and Series B, as presented at the Meeting.




                                                                                               Annual Report 2025 | Laporan Tahunan 2025
                                                                                                       PT Mora Telematika Indonesia Tbk     155
Page 156
      Rapat Umum Pemegang Saham Luar                                          Extraordinary General Meeting of
      Biasa (RUPSLB) 2024                                                     Shareholders (EGMS) in 2024

      Pada tahun 2024, Perseroan telah menyelenggarakan                       In 2024, the Company held an EGMS. In that year, the
      RUPSLB. Pada tahun 2024, Perseroan telah                                Company convened the EGMS for the 2024 financial year.
      menyelenggarakan RUPSLB untuk Tahun Buku 2024.                          The Company carried out several stages in organizing the
      Perseroan melakukan beberapa tahapan untuk                              EGMS in accordance with applicable legal procedures,
      penyelenggaraan RUPSLB sesuai prosedur hukum yaitu                      namely submitting a Notification of the EGMS plan to the
      melakukan Pemberitahuan rencana RUPSLB kepada                           Financial Services Authority on April 29, 2024, making
      Otoritas Jasa Keuangan pada tanggal 29 April 2024,                      the Announcement and Invitation of the EGMS on May
      melakukan Pengumuman dan Pemanggilan RUPSLB pada                        7, 2024 and May 22, 2024, and submitting the Summary
      tanggal 7 Mei 2024 dan 22 Mei 2024, dan melakukan                       of the EGMS Minutes and the EGMS Minutes on June 14,
      penyampaian Ringkasan Risalah RUPSLB dan Risalah                        2024 and July 11, 2024.
      RUPSLB pada tanggal 14 Juni 2024 dan 11 Juli 2024.


             Hari/tanggal                                                      Kamis, 13 Juni 2024
              Day/Date                                                       Thursday, June 13, 2024

               Waktu
                                                                                 11.41 - 12.05 WIB
               Time

                                                                                   Offline:
                                                                  Rosewood Room 1-3, Royal Kuningan Hotel
                                                         JL. Kuningan Persada No. 2, Guntur, Setiabudi, Jakarta Selatan
               Tempat
                Venue
                                                                                  Online:
                                                              Sistem e-RUPS eASY.KSEI yang disediakan oleh KSEI
                                                                The eASY.KSEI e-RUPS system provided by KSEI



      Kehadiran RUPSLB 2024                                                   Attendance at the 2024 EGMS

                                 Para pemegang saham yang hadir mewakili 21.121.224.691 saham atau sama dengan 89,32% dari jumlah
                                 seluruh saham dengan hak suara yang sah yang telah dikeluarkan oleh Perseroan, oleh karenanya (i) untuk
                                 mata acara rapat pertama, kuorum kehadiran paling sedikit 3/4 bagian dari jumlah seluruh saham dengan hak
         Kehadiran Pemegang
                                 suara yang sah dan (ii) untuk Mata Acara Rapat Kedua kuorum kehadiran paling sedikit 2/3 bagian dari jumlah
           Saham (Kuorum)
                                 seluruh saham dengan hak suara yang sah, telah terpenuhi seluruhnya.
        Shareholder Attendance
                                 The shareholders present represented 21,121,224,691 shares, or 89.32% of the total valid shares with voting
              (Quorum)
                                 rights issued by the Company. Therefore, (i) for the first agenda item, the attendance quorum of at least 3/4 of
                                 the total valid shares with voting rights, and (ii) for the second agenda item, the attendance quorum of at least
                                 2/3 of the total valid shares with voting rights, were fully satisfied.

              Kehadiran
                                 1. Indra Nathan Kusnadi – Komisaris Utama/President Commissioner
           Dewan Komisaris
                                 2. Karim Panjaitan – Komisaris/Commissioner
       Attendance of the Board
                                 3. Kanaka Puradiredja – Komisaris Independen/Independent Commissioner
          of Commissioners

          Kehadiran Direksi
                                 1. Jimmy Kadir – Direktur Utama/President Director
       Attendance of the Board
                                 2. Genta Andhika Putra – Wakil Direktur Utama/Vice President Director
             of Directors

                                 1. Aulia Taufani, S.H. – Notaris, sebagai Pihak Independen dalam pelaksanaan RUPS untuk melakukan
                                    pencatatan.
                                    Aulia Taufani, S.H. – Notary, acting as an Independent Party in the implementation of the GMS to record the
                                    proceedings.
           Kehadiran Pihak       2. Gufron Suhartono – Biro Administrasi Efek PT Sinartama Gunita, sebagai Pihak Independen dalam
             Independen             pelaksanaan RUPS untuk melakukan penghitungan suara.
            Attendance of           Gufron Suhartono – Share Registrar, PT Sinartama Gunita, acting as an Independent Party in the implementation
         Independent Parties        of the GMS to conduct vote counting.
                                 3. Leo Susanto – Kantor Akuntan Publik Mirawati Sensi Idris (Moore Global Network Limited), sebagai Pihak
                                    Independen yang melakukan Audit atas Laporan Keuangan Perseroan.
                                    Leo Susanto – Public Accounting Firm Mirawati Sensi Idris (Moore Global Network Limited), as the Independent
                                    Party conducting the audit of the Company’s Financial Statements.




      Annual Report 2025 | Laporan Tahunan 2025
156   PT Mora Telematika Indonesia Tbk
Page 157
                                                                                                           Tata Kelola Perusahaan
                                                                                                            Corporate Governance




Keputusan RUPSLB 2024 dan                                                 EGMS Resolutions for 2024 and Their
Realisasinya                                                              Implementation

Seluruh keputusan RUPSLB telah dimuat dalam Akta                          All resolutions of the EGMS were set forth in Deed No.
No 36 tanggal 13 Juni 2024 yang dibuat oleh dan di                        36 dated June 13, 2024, drawn up by and before Aulia
hadapan Aulia Taufani, S.H. Notaris di Jakarta Selatan.                   Taufani, S.H., Notary in South Jakarta.


                                                         Keputusan RUPSLB                                                            Realisasi
                                                          EGMS Resolution                                                           Realization
 Mata     1. Menyetujui penjaminan dan/atau rencana penjaminan oleh Direksi Perseroan atas sebagian besar aset                      Terealisasi
 Acara       bergerak maupun aset tidak bergerak Perseroan dan anak perusahaan Perseroan sehubungan dengan fasilitas                 Realized
 ke-1        pinjaman yang diperoleh dan/atau akan diperoleh Perseroan dari para kreditur bank dan/atau perusahaan
 Agenda      modal ventura dan/atau perusahaan pembiayaan dan/atau perusahaan pembiayaan infrastruktur baik dari
 Item 1      dalam negeri maupun luar negeri, termasuk persetujuan bagi Perseroan untuk masuk dan menjadi pihak
             dalam setiap dokumen-dokumen transaksi yang timbul berdasarkan atau sehubungan dengan perolehan
             fasilitas pinjaman tersebut.
             To approve the provision and/or planned provision of guarantees by the Company’s Board of Directors over
             the majority of the Company’s movable and immovable assets and those of its subsidiaries in connection
             with loan facilities obtained and/or to be obtained by the Company from bank creditors and/or venture capital
             companies and/or financing companies and/or infrastructure financing companies, both domestic and foreign,
             including approval for the Company to enter into and become a party to all transaction documents arising from
             or in connection with the obtaining of such loan facilities.
          2. Memberikan wewenang kepada Direktur Perseroan dengan hak substitusi, untuk melakukan segala tindakan
             yang diperlukan sehubungan dengan hal-hal yang diputuskan dalam Keputusan Rapat, seluruhnya tanpa
             ada dikecualikan, termasuk tetapi tidak terbatas pada, membuat atau meminta dibuatkan segala dokumen,
             perjanjian, dan/atau akta yang diperlukan serta menyatakan kembali keputusan ini, baik sebagian maupun
             seluruhnya, dalam bentuk akta notaris, menghadap di hadapan pihak, pejabat, badan, dan/atau instansi yang
             berwenang dengan memperhatikan ketentuan yang berlaku termasuk namun tidak terbatas pada ketentuan
             di bidang Pasar Modal.
             To grant authority to the Company’s Director, with the right of substitution, to take all actions necessary in
             connection with the matters resolved in this Meeting Resolution, without exception, including but not limited to
             preparing or causing to be prepared all necessary documents, agreements, and/or deeds, as well as restating
             this resolution, in part or in whole, in the form of a notarial deed, and to appear before authorized parties,
             officials, bodies, and/or institutions, with due observance of applicable provisions, including but not limited to
             capital market regulations.

 Mata     1. Menyetujui 14 penambahan kegiatan usaha Perseroan sebagaimana diterangkan dalam Rapat, termasuk                        Terealisasi
 Acara       melakukan perubahan Pasal 3 Anggaran Dasar Perseroan mengenai Maksud dan Tujuan serta Kegiatan                          Realized
 ke-2        Usaha yang materinya telah disampaikan dalam Rapat.
 Agenda      To approve the addition of 14 new business activities of the Company as explained in the Meeting, including
 Item 2      the amendment to Article 3 of the Company’s Articles of Association regarding the Company’s Purposes and
             Objectives and Business Activities, the substance of which was presented at the Meeting.
          2. Memberikan wewenang kepada Direksi Perseroan dengan hak substitusi, untuk melakukan segala tindakan
             yang diperlukan sehubungan dengan hal-hal yang diputuskan dalam keputusan Rapat, seluruhnya tanpa
             ada dikecualikan, termasuk tetapi tidak terbatas pada, membuat atau meminta dibuatkan segala dokumen,
             perjanjian, dan/atau akta yang diperlukan serta menyatakan kembali keputusan ini, baik sebagian maupun
             seluruhnya, dalam bentuk akta notaris, menghadap di hadapan pihak, pejabat, badan dan/atau instansi
             yang berwenang termasuk notaris, melakukan pelaporan, pendaftaran, dan/atau mengajukan permohonan
             persetujuan dan/atau pendaftaran kepada dan/atau dari pihak yang berwenang dan/atau pihak-pihak terkait
             lainnya.
             To grant authority to the Company’s Board of Directors, with the right of substitution, to take all actions
             necessary in connection with the matters resolved in this Meeting Resolution, without exception, including but
             not limited to preparing or causing to be prepared all necessary documents, agreements, and/or deeds, as
             well as restating this resolution, in part or in whole, in the form of a notarial deed, appearing before authorized
             parties, officials, bodies, and/or institutions including notaries, and carrying out reporting, registration, and/or
             submitting applications for approval and/or registration to and/or from the competent authorities and/or other
             relevant parties.




                                                                                                   Annual Report 2025 | Laporan Tahunan 2025
                                                                                                           PT Mora Telematika Indonesia Tbk       157
Page 158
      Direksi
      Board of Directors

      Direksi mengelola Perseroan berdasarkan kewenangan              The Board of Directors manages the Company in
      dan tanggung jawab yang diatur dalam Anggaran Dasar             accordance with the authorities and responsibilities
      serta peraturan perundang-undangan. Pelaksanaan                 stipulated in the Company’s Articles of Association and
      fungsi Direksi diwujudkan melalui penyusunan strategi           applicable laws and regulations. The implementation
      bisnis, anggaran, dan rencana kerja selaras dengan visi,        of the Board of Directors’ functions is realized through
      misi, serta maksud dan tujuan Perseroan.                        the formulation of business strategies, budgets, and
                                                                      work plans that are aligned with the Company’s vision,
                                                                      mission, as well as its purposes and objectives.

      Tugas dan Tanggung Jawab                                        Duties and Responsibilities of Each
      Masing-masing Anggota Direksi                                   Member of the Board of Directors

      Direksi bertugas menjalankan dan bertanggung                    The Board of Directors is responsible for managing and
      jawab atas pengurusan Perseroan untuk kepentingan               is accountable for the management of the Company in
      Perseroan sesuai dengan maksud dan tujuan Perseroan             the interests of the Company, in accordance with the
      yang ditetapkan dalam Anggaran Dasar. Dalam                     purposes and objectives of the Company as stipulated
      melaksanakan tugasnya, Direksi membagi lingkup tugas            in the Articles of Association. In carrying out its duties,
      dan tanggung jawab antar anggota Direksi sebagai                the Board of Directors allocates the scope of duties and
      berikut:                                                        responsibilities among its members as follows:


       Nama Anggota Direksi                       Jabatan                               Tugas dan Tanggung Jawab
         Name of Director                         Position                               Duties and Responsibilities

                                                                            Menjalankan tugas dan fungsinya di bidang operasional
                                               Direktur Utama
             Jimmy Kadir                                                    Responsible for carrying out duties and functions in the
                                              President Director
                                                                                               operational field

                                                                             Menjalankan tugas dan fungsinya di bidang keuangan
                                             Wakil Direktur Utama
          Genta Andhika Putra                                                Responsible for carrying out duties and functions in the
                                            Vice President Director
                                                                                                  financial field


      Piagam Direksi                                                  Board of Directors Charter

      Untuk memastikan pengelolaan Perseroan berjalan                 To ensure that the management of the Company is
      selaras dengan prinsip Tata Kelola Perusahaan yang Baik         carried out in line with the principles of Good Corporate
      serta mendorong peningkatan kualitas penerapannya,              Governance and to encourage continuous improvement
      Perseroan menetapkan Piagam Direksi pada 29 Maret               in the quality of its implementation, the Company
      2018. Piagam Direksi menjadi pedoman dan tata tertib            established a Board of Directors Charter on March
      kerja Direksi dalam melaksanakan tugas, kewenangan,             29, 2018. The Board of Directors Charter serves as a
      dan tanggung jawab.                                             guideline and code of conduct for the Board of Directors
                                                                      in carrying out its duties, authorities, and responsibilities.

      Ringkasan isi Piagam Direksi mencakup:                          The summary of the contents of the Board of Directors
                                                                      Charter includes:
      Bab I: Landasan Hukum                                           Chapter I: Legal Basis
      Bab II: Ketentuan Umum                                          Chapter II: General Provisions
      Bab III: Struktur dan Keanggotaan                               Chapter III: Structure and Membership
      Bab IV: Kriteria                                                Chapter IV: Criteria
      Bab V: Masa Jabatan                                             Chapter V: Term of Office
      Bab VI: Tugas dan Tanggung Jawab                                Chapter VI: Duties and Responsibilities
      Bab VII: Kewenangan                                             Chapter VII: Authorities
      Bab VIII: Nilai Kerja                                           Chapter VIII: Work Values
      Bab IX: Waktu Kerja                                             Chapter IX: Working Time
      Bab X: Rapat Direksi                                            Chapter X: Board of Directors Meetings


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                                                                                           Corporate Governance




Bab XI: Pelaporan dan Pertanggungjawaban                        Chapter XI: Reporting and Accountability
Bab XII: Aspek Transparansi                                     Chapter XII: Transparency Aspects
Bab XIII: Larangan                                              Chapter XIII: Prohibitions
Bab XIV: Ketentuan Penutup                                      Chapter XIV: Closing Provisions

Rapat Direksi                                                   Board of Directors Meetings

Direksi wajib mengadakan rapat paling kurang 1 kali             The Board of Directors is required to hold a meeting at
dalam setiap bulan, sebagaimana ketentuan dalam                 least once every month, as stipulated in POJK No. 33/
POJK No. 33/POJK.04/2014 tentang Direksi dan Dewan              POJK.04/2014 concerning the Board of Directors and the
Komisaris Emiten atau Perusahaan Publik, dan Anggaran           Board of Commissioners of Issuers or Public Companies,
Dasar Perseroan. Sepanjang tahun 2025, Direksi telah            and the Company’s Articles of Association. During
mengadakan 18 kali rapat, dengan tingkat kehadiran              2025, the Board of Directors held 18 meetings, with the
sebagai berikut:                                                following attendance:


         Nama                  Jabatan               Jumlah Rapat               Kehadiran               Persentase
         Name                  Position            Number of Meetings           Attendance              Percentage

                            Direktur Utama
      Jimmy Kadir                                          18                       18                      100%
                           President Director

                          Wakil Direktur Utama
   Genta Andhika Putra                                     18                       18                      100%
                         Vice President Director



Rapat Gabungan Direksi dan Dewan                                Joint Meetings of the Board of Directors
Komisaris                                                       and the Board of Commissioners

Rapat Gabungan Direksi dan Dewan Komisaris                      Joint Meetings of the Board of Directors and the Board of
dilaksanakan secara berkala paling kurang 1 kali dalam 4        Commissioners are held regularly at least once every 4
bulan, sesuai dengan POJK No. 33/2014. Selama tahun             months, in accordance with Financial Services Authority
2025, Rapat Gabungan Direksi dan Dewan Komisaris                Regulation (POJK) No. 33/2014. During 2025, 4 Joint
telah diadakan sebanyak 4 kali, dengan tingkat kehadiran        Meetings of the Board of Directors and the Board of
Direksi sebagai berikut:                                        Commissioners were convened with attendance of the
                                                                Board of Directors are as follows:


         Nama                  Jabatan               Jumlah Rapat               Kehadiran               Persentase
         Name                  Position            Number of Meetings           Attendance              Percentage
                            Direktur Utama
      Jimmy Kadir                                          4                        4                       100%
                           President Director

                          Wakil Direktur Utama
   Genta Andhika Putra                                     4                        4                       100%
                         Vice President Director



Tingkat Kehadiran Anggota                                       Attendance of the Board of
Direksi dalam RUPS                                              Directors at the GMS

Direktur Utama dan Wakil Direktur Utama Perseroan               President Director and Vice President Director of
hadir dalam RUPST dan RUPSLB yang diselenggarakan               the Company presented at the AGMS and the EGMS
oleh Perseroan dalam tahun 2025.                                convened by the Company in 2025.




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               Nama                       Jabatan                   Jumlah Rapat                Kehadiran                 Persentase
               Name                       Position                Number of Meetings            Attendance                Percentage
                                                                       1 RUPST dan               1 RUPST dan
                                       Direktur Utama
             Jimmy Kadir                                                 1 RUPSLB                  1 RUPSLB                   100%
                                      President Director
                                                                   1 AGMS and 1 EGMS         1 AGMS and 1 EGMS

                                                                       1 RUPST dan               1 RUPST dan
                                     Wakil Direktur Utama
         Genta Andhika Putra                                             1 RUPSLB                  1 RUPSLB                   100%
                                    Vice President Director
                                                                   1 AGMS and 1 EGMS         1 AGMS and 1 EGMS



      Pelatihan, Pendidikan, dan Peningkatan                                    Training, Education, and Competency
      Kompetensi Direksi                                                        Development of the Board of Directors

      Perseroan memastikan bahwa seluruh Direksi telah                          The Company ensures that all members of the Board of
      menerima dan memahami tentang visi, misi, nilai, kode                     Directors have received and understood the Company’s
      etik, struktur organisasi, lini bisnis, Piagam Direksi,                   vision, mission, values, code of ethics, organizational
      Peraturan Perseroan, peraturan dan perundang-                             structure, business lines, the Board of Directors Charter,
      undangan yang berlaku di pasar modal serta risiko                         Company regulations, applicable capital market laws
      utama yang dihadapi oleh bisnis Perseroan. Pelaksanaan                    and regulations, as well as the key risks faced by the
      program dan masa orientasi merupakan tanggung jawab                       Company’s business. The implementation of orientation
      Komite Nominasi dan Remunerasi Perseroan. Sepanjang                       programs and the orientation period is the responsibility
      tahun 2025, tidak terdapat perubahan susunan Direksi                      of The Company’s Nomination and Compensation
      Perseroan sehingga Perseroan tidak mengadakan                             Committee. Throughout 2025, there were no changes in
      orientasi terhadap anggota Direksi baru.                                  the composition of the Board of Directors; therefore, the
                                                                                Company did not conduct orientation programs for new
                                                                                members of the Board of Directors.

      Perseroan senantiasa mendukung dan memberikan                             The Company consistently supports and provides the
      kesempatan sebesar-besarnya kepada setiap anggota                         widest possible opportunity for each member of the Board
      Direksi untuk dapat mengikuti pelatihan, pendidikan, dan/                 of Directors to participate in training, education, and/or
      atau kompetensi sesuai dengan bidang dan tanggung                         competency development programs in accordance with
      jawab masing-masing anggota Direksi. Sepanjang tahun                      their respective fields and responsibilities. During 2025,
      2025 anggota direksi mengikuti pelatihan, pendidikan,                     the members of the Board of Directors participated in
      dan/atau peningkatan kompetensi sebagai berikut :                         the following training, education, and/or competency
                                                                                development programs:


            Nama                     Jabatan                          Pelatihan              Waktu dan Tempat            Penvelenggara
            Name                     Position                          Training               Time and Place               Organizer
                                                                                                 Zoom Meeting           PT Mora Telematika
                                                                Solusi Terpadu Untuk
                                                                                                  07 Mei 2025            Indonesia Tbk dan
                                                              Konektivitas dan Keamanan
                                                                                                 Zoom Meeting           PT Tri Kreasi Mandiri
                                                                   Jaringan Bisnis
                                  Direktur Utama                                                  May 7, 2025                Teknologi
          Jimmy Kadir
                                 President Director                                             Aston Ballroom
                                                                Reviving Domestic Growth       28 Oktober 2025
                                                                                                                           Bank Permata
                                                              - Navigating Global Shocks        Aston Ballroom
                                                                                               October 28, 2025

                                                                                           Krakatau Room (2nd Floor),
                                                                                                 Novotel Cikini
         Genta Andhika          Wakil Direktur Utama             Inspiring Connectivity        27 Februari 2025
                                                                                                                          ZTE Corporation
             Putra             Vice President Director                  Workshop           Krakatau Room (2nd Floor),
                                                                                                 Novotel Cikini
                                                                                               February 27, 2025




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     Nama                  Jabatan                     Pelatihan                Waktu dan Tempat             Penvelenggara
     Name                  Position                     Training                 Time and Place                Organizer
                                                 Transformative Islamic       Grand Ballroom Ritz Carlton
                                                 Finance as Catalyst for            29 April 2025              Bank Syariah
                                               Growth & BSI Global Islamic    Grand Ballroom Ritz Carlton       Indonesia
                                                 Finance Summit 2025                April 29, 2025
                                                                                  Four Season Hotel
                                                 ZTE Day - Leading All
                                                                                     22 Mei 2025
                                                  Optical Innovation,                                         ZTE Corporation
                                                                                  Four Season Hotel
                                               Embracing Intelligent Future
  Genta Andhika       Wakil Direktur Utama                                          May 22, 2025
      Putra          Vice President Director                                         Shangrila
                                                Wavelengths Network the             28 Mei 2025
                                                                                                                  Nokia
                                                      Cloud 2025                     Shangrila
                                                                                    May 28, 2025
                                                                                    Aston Ballroom
                                               Reviving Domestic Growth -          28 Oktober 2025          Penyelenggara: Bank
                                                Navigating Global Shocks            Aston Ballroom               Permata
                                                                                   October 28, 2025


Penilaian Direksi atas Komite Di Bawah                           Board of Directors’ Assessment of
Direksi                                                          Committees Under the Board of Directors

Perseroan memiliki Komite Eksekutif dan Komite                   The Company has an Executive Committee and
Pengembangan Business to Government (B2G) yang                   Business to Government (B2G) Development Committee,
dibentuk masing-masing pada 15 November 2024 dan                 established on November 15, 2024 and March 6, 2025,
6 Maret 2025 untuk mendukung pelaksanaan tugas                   respectively, to support the Board of Directors in
Direksi dalam pengambilan keputusan dan kebijakan                decision-making and strategic policy formulation, in line
strategis, seiring meningkatnya kompleksitas usaha dan           with increasing business complexity and the need to
kebutuhan penguatan tata kelola.                                 strengthen governance.

Selain Komite Eksekutif dan Komite Pengembangan B2G,             In addition to the Executive Committee and B2G
Direksi juga didukung penuh oleh seluruh Unit Kerja,             Development Committee, the Board of Directors is also
termasuk Internal Audit dan Sekretaris Perusahaan.               fully supported by all Working Unit, including Internal
                                                                 Audit and Corporate Secretary.

Prosedur Penilaian Kinerja                                       Performance Evaluation Procedures

Kinerja Komite, seluruh Unit Kerja, Audit Internal, dan          The performance of the Committees, all Working Unit,
Sekretaris Perusahaan, dievaluasi oleh Direksi melalui           Internal Audit and Corporate Secretary is evaluated by the
Key Performance Indicator (KPI). Monitoring atas capaian         Board of Directors through Key Performance Indicators
KPI dilakukan 2 kali setahun, yakni evaluasi tengah              (KPI). Monitoring of KPI achievement is conducted twice a
tahun (1 Januari–30 Juni) dan akhir tahun (1 Januari–31          year, during the mid-year evaluation (January 1 – June 30)
Desember).                                                       and the year-end evaluation (January 1 – December 31).

Kriteria Penilaian                                               Assessment Criteria

KPI Komite, seluruh Unit Kerja, Audit Internal, dan              KPI of the Committees, all Working Unit, Internal Audit and
Sekretaris Perusahaan dinilai dari perspektif keuangan,          Corporate Secretary are assessed from the perspectives
pelanggan, proses bisnis internal, serta pembelajaran            of financial performance, customers, internal business
dan pertumbuhan.                                                 processes, and learning and growth.




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      Dewan Komisaris
      Board of Commissioners

      Dewan Komisaris merupakan organ tata kelola Perseroan    The Board of Commissioners is a corporate governance
      yang mengemban tanggung jawab pengawasan atas            organ of the Company that bears responsibility for
      pengelolaan Perseroan oleh Direksi, serta memberikan     supervising the policies of the Board of Directors and
      nasihat kepada Direksi dalam menjalankan kegiatan        providing advice to the Board of Directors in the conduct
      usaha Perseroan.                                         of the Company’s business activities.

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

      Dewan Komisaris menjalankan fungsi pengawasan atas       The Board of Commissioners performs a supervisory
      kebijakan dan pelaksanaan pengurusan Perseroan,          function over the policies and management of the
      termasuk kegiatan usaha Perseroan, serta memberikan      Company, including the Company’s business activities,
      nasihat kepada Direksi.                                  and provides advice to the Board of Directors.

      Piagam Dewan Komisaris                                   Board of Commissioners Charter

      Dalam menjalankan tugas pengawasan dan pemberian         In carrying out its supervisory duties and providing
      saran atas pengelolaan Perseroan, telah disusun Piagam   advice on the management of the Company, a Board of
      Dewan Komisaris pada 29 Maret 2018. Piagam Dewan         Commissioners Charter was established on March 29,
      Komisaris merupakan acuan pedoman kerja dan tata         2018. The Board of Commissioners Charter serves as a
      tertib kerja Dewan Komisaris dalam menjalankan tugas     reference for the working guidelines and code of conduct of
      pengawasan dan pemberian nasihat kepada Direksi.         the Board of Commissioners in performing its supervisory
                                                               duties and providing advice to the Board of Directors.

      Ringkasan isi Piagam Dewan Komisaris mencakup            The summary of the contents of the Board of
      sebagai berikut:                                         Commissioners Charter includes the following:
      Bab I: Landasan Hukum                                    Chapter I: Legal Basis
      Bab II: Ketentuan Umum                                   Chapter II: General Provisions
      Bab III: Struktur dan Keanggotaan                        Chapter III: Structure and Membership
      Bab IV: Kriteria                                         Chapter IV: Criteria
      Bab V: Komisaris Independen                              Chapter V: Independent Commissioners
      Bab VI: Masa Jabatan                                     Chapter VI: Term of Office
      Bab VII: Tugas dan Tanggung Jawab Kewenangan             Chapter VII: Duties, Responsibilities, and Authorities
      Bab VIII: Nilai Kerja                                    Chapter VIII: Work Values
      Bab IX: Waktu Kerja                                      Chapter IX: Working Time
      Bab X: Rapat Dewan Komisaris                             Chapter X: Board of Commissioners Meetings
      Bab XI: Pelaporan dan Pertanggungjawaban Aspek           Chapter XI: Reporting and Accountability and
      Transparansi                                             Transparency Aspects
      Bab XII: Larangan                                        Chapter XII: Prohibitions
      Bab XIII: Ketentuan Penutup                              Chapter XIII: Closing Provisions

      Rapat Dewan Komisaris                                    Board of Commissioners Meetings

      Mengacu pada POJK No. 33/2014 dan Anggaran               Referring to POJK No. 33/2014 and the Company’s
      Dasar Perseroan, Dewan Komisaris wajib mengadakan        Articles of Association, the Board of Commissioners is
      rapat paling kurang 1 kali dalam 2 bulan dan Rapat       required to hold meetings at least once every two months,
      Dewan Komisaris dapat dilangsungkan apabila dihadiri     and a Board of Commissioners’ meeting may be convened
      mayoritas dari seluruh anggota Dewan Komisaris. Selain   if attended by a majority of all members of the Board of
      itu Dewan Komisaris juga wajib mengadakan rapat          Commissioners. In addition, the Board of Commissioners
      bersama Direksi secara berkala, paling sedikit 1 kali    is also required to hold joint meetings with the Board of




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                                                                                         Tata Kelola Perusahaan
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setiap 4 bulan. Sepanjang tahun 2025, Dewan Komisaris         Directors on a regular basis, at least once every 4 months.
telah mengadakan rapat sebanyak 6 kali dengan tingkat         Throughout 2025, the Board of Commissioners held 6
kehadiran sebagai berikut:                                    meetings, with the following attendance:


        Nama                   Jabatan              Jumlah Rapat              Kehadiran                Persentase
        Name                   Position           Number of Meetings          Attendance               Percentage
                            Komisaris Utama
  Indra Nathan Kusnadi                                    6                        6                       100%
                         President Commissioner

                               Komisaris
    Karim Panjaitan                                       6                        6                       100%
                             Commissioner

                         Komisaris Independen
   Kanaka Puradiredja        Independent                  6                        6                       100%
                            Commissioner




Rapat Gabungan Dewan Komisaris dan                            Joint Meetings of the Board of
Direksi                                                       Commissioners and the Board of
                                                              Directors

Sepanjang tahun 2025, Rapat Gabungan Dewan                    During 2025, 4 Joint Meetings of the Board of
Komisaris dan Direksi telah diadakan sebanyak 4 kali,         Commissioners and the Board of Directors were held with
dengan tingkat kehadiran Dewan Komisaris sebagai              the attendance of the Board of Commissioners as follow:
berikut:


        Nama                   Jabatan              Jumlah Rapat              Kehadiran                Persentase
        Name                   Position           Number of Meetings          Attendance               Percentage

                            Komisaris Utama
  Indra Nathan Kusnadi                                    4                        4                       100%
                         President Commissioner

                               Komisaris
    Karim Panjaitan                                       4                        4                       100%
                             Commissioner

                         Komisaris Independen
   Kanaka Puradiredja        Independent                  4                        4                       100%
                            Commissioner



Tingkat Kehadiran Dewan Komisaris                             Attendance of the Board of
dalam RUPS                                                    Commissioners at the GMS

Anggota Dewan Komisaris yang hadir dalam RUPST dan            Members of the Board of Commissioners presented the
RUPSLB yang diselenggarakan oleh Perseroan dalam              AGMS and the EGMS convened by the Company in 2025,
tahun 2025, sesuai rincian berikut ini:                       with the following details:




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                 Nama                          Jabatan                   Jumlah Rapat                        Kehadiran            Persentase
                 Name                          Position                Number of Meetings                    Attendance           Percentage

                                                                             1 RUPST dan                     1 RUPST dan
                                          Komisaris Utama
         Indra Nathan Kusnadi                                                  1 RUPSLB                        1 RUPSLB              100%
                                       President Commissioner
                                                                         1 AGMS and 1 EGMS               1 AGMS and 1 EGMS

                                                                             1 RUPST dan                     1 RUPST dan
                                              Komisaris
            Karim Panjaitan                                                    1 RUPSLB                        1 RUPSLB              100%
                                            Commissioner
                                                                         1 AGMS and 1 EGMS               1 AGMS and 1 EGMS

                                        Komisaris Independen                 1 RUPST dan                    0 RUPST dan
          Kanaka Puradiredja                Independent                        1 RUPSLB                      0 RUPSLB                0%*
                                           Commissioner                  1 AGMS and 1 EGMS               0 AGMS and 0 EGMS

       *Bapak Kanaka Puradiredja tidak dapat menghadiri RUPS Tahunan dan RUPS Luar Biasa karena alasan kesehatan.
       * Mr. Kanaka Puradiredja was unable to attend the Annual GMS and the Extraordinary GMS due to health reason.



      Pelatihan, Pendidikan, dan Peningkatan                                            Training, Education, and Competency
      Kompetensi Dewan Komisaris                                                        Development of the Board of
                                                                                        Commissioners

      Perseroan memastikan bahwa seluruh Dewan Komisaris                                The Company ensures that all members of the Board
      telah menerima dan memahami tentang visi, misi,                                   of Commissioners have received and understood the
      nilai, kode etik, struktur organisasi, lini bisnis, Piagam                        Company’s vision, mission, values, code of ethics,
      Dewan Komisaris, Peraturan Perseroan, peraturan dan                               organizational structure, business lines, the Board of
      perundang-undangan yang berlaku di pasar modal                                    Commissioners Charter, Company regulations, applicable
      serta risiko utama yang dihadapi oleh bisnis Perseroan.                           capital market laws and regulations, as well as the key risks
      Pelaksanaan program dan masa orientasi merupakan                                  faced by the Company’s business. The implementation
      tanggung jawab Komite Nominasi dan Remunerasi                                     of orientation programs and the orientation period is
      Perseroan. Sepanjang tahun 2025, tidak terdapat                                   the responsibility of The Company’s Nomination and
      perubahan keanggotaan Dewan Komisaris sehingga                                    Compensation Committee. Throughout 2025, there
      Perseroan tidak mengadakan program orientasi.                                     were no changes in the composition of the Board of
                                                                                        Commissioners; therefore, the Company did not conduct
                                                                                        any orientation programs.

      Anggota Dewan Komisaris belum mengikuti kegiatan                                  Members of the Board of Commissioners did not
      pengembangan kompetensi selama tahun 2025.                                        participate in any competency development activities
      Kedepan, Perseroan tetap berkomitmen mendukung                                    during 2025. Going forward, the Company remains
      penguatan kapasitas Dewan Komisaris sebagaimana                                   committed to supporting the strengthening of the Board of
      diatur dalam Piagam Komisaris Perseroan. Perseroan                                Commissioners’ capacity as stipulated in the Company’s
      akan memberikan kesempatan seluas-luasnya kepada                                  Board of Commissioners Charter. The Company will
      setiap anggota Dewan Komisaris untuk mengikuti                                    provide the widest possible opportunities for each member
      pelatihan, pendidikan, dan/atau program peningkatan                               of the Board of Commissioners to participate in training,
      kompetensi yang relevan dengan bidang serta tanggung                              education, and/or competency development programs
      jawabnya.                                                                         relevant to their respective fields and responsibilities.

      Penilaian Kinerja Direksi dan Dewan                                               Performance Evaluation of the
      Komisaris                                                                         Board of Directors and the Board of
                                                                                        Commissioners

      Penilaian kinerja Direksi dan Dewan Komisaris dilakukan                           The performance evaluation of the Board of Directors
      paling sedikit 1 kali dalam setahun sebagai evaluasi                              and the Board of Commissioners is conducted at least 1
      atas pelaksanaan tugas Direksi dan Dewan Komisaris.                               time in a year as an evaluation of the implementation of
      Penilaian kinerja Direksi dan Dewan Komisaris dilakukan                           their duties. The performance evaluation is carried out
      dengan metode penilaian sendiri (self-assessment)                                 using a self-assessment method based on the following
      menggunakan kriteria atau tolok ukur sebagai berikut:                             criteria or benchmarks:

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                                                                                        Tata Kelola Perusahaan
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1. Pemenuhan Persyaratan Anggota Direksi atau Dewan          1. Fulfillment of the requirements for members of the
   Komisaris yang terdiri dari: (i) persyaratan anggaran        Board of Directors or the Board of Commissioners,
   dasar & peraturan perundang-undangan yang                    consisting of: (i) requirements of the articles of
   berlaku; dan (ii) persyaratan kompetensi; dan                association & applicable laws and regulations; and (ii)
                                                                competency requirements; and
2. Penerapan Praktik Tata Kelola Perusahaan yang baik        2. Implementation of Good Corporate Governance
   yang terkait dengan: (i) tugas & tanggung jawab; (ii)        practices related to: (i) duties & responsibilities; (ii)
   struktur & komposisi; (iii) efektivitas rapat; dan (iv)      structure & composition; (iii) meeting effectiveness;
   transparansi.                                                and (iv) transparency.

Masing-masing anggota Direksi dan Dewan Komisaris            Each member of the Board of Directors and the Board
mengisi formulir Self-Assessment untuk menilai               of Commissioners completes a Self-Assessment form to
pemenuhan persyaratan keanggotaan dan penerapan              assess the fulfilment of membership requirements and
GCG sebagaimana disebutkan di atas secara individu,          implementation of GCG as above mentioned individually,
serta menilai pelaksanaan kinerja secara fungsional          and to evaluate the functional performance of the Board
Direksi atau Dewan Komisaris secara kolektif. Komite         of Directors or the Board of Commissioners, collectively.
Nominasi dan Remunerasi kemudian mengevaluasi dan            The Nomination and Remuneration Committee then
menyampaikan rekomendasi kepada Dewan Komisaris              evaluates and submits recommendations to the Board
terkait pelaksanaan fungsi Nominasi dan Remunerasi           of Commissioners regarding the implementation of
oleh Komite Nominasi dan Remunerasi.                         the Nomination and Remuneration function by the
                                                             Nomination and Remuneration Committee.

Hasil Self-Assessment Direksi dan Dewan Komisaris            The results of the Self-Assessment of the Board of
dinilai dan dievaluasi oleh Dewan Komisaris dan dapat        Directors and the Board of Commissioners are reviewed
digunakan sebagai salah satu bahan pertimbangan              and evaluated by the Board of Commissioners and may
dalam mengambil keputusan sesuai dengan maksud               be used as one of the considerations in decision-making
dan tujuan dilakukannya penilaian kinerja sebagaimana        in accordance with the objectives and purposes of the
dimaksud,      dengan     tetap memperhatikan     dan        performance evaluation, while taking into account and
mempertimbangkan rekomendasi yang diberikan oleh             considering the recommendations provided by the
Komite Nominasi dan Remunerasi.                              Nomination and Remuneration Committee.

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

Dewan Komisaris, dalam mendukung efektivitas                 The Board of Commissioners, in supporting the effective
pelaksanaan tugas dan tanggung jawabnya, dibantu oleh        implementation of its duties and responsibilities, is
Komite Audit serta Komite Nominasi dan Remunerasi            assisted by the Company’s Audit Committee as well
Perseroan. Sepanjang tahun 2025, Dewan Komisaris             as the Nomination and Remuneration Committee.
memandang bahwa komite-komite di bawahnya telah              Throughout 2025, the Board of Commissioners considers
melaksanakan tugas dan tanggung jawabnya dengan              that these committees have performed their duties and
baik, antara lain tercermin dari pelaksanaan kegiatan        responsibilities effectively, as reflected, among others, in
selama tahun buku, kompetensi anggota, serta                 the execution of activities during the financial year, the
partisipasi dalam rapat.                                     competence of their members, and their participation in
                                                             meetings.




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

      Nominasi dan Remunerasi anggota Direksi dan Dewan     The nomination and remuneration of members of the
      Komisaris ditetapkan dengan mengacu pada ketentuan    Board of Directors and the Board of Commissioners are
      POJK 34/2014, Anggaran Dasar Perseroan, dan Piagam    determined with reference to the provisions of POJK
      Komite Nominasi dan Remunerasi.                       34/2014, the Company’s Articles of Association, and the
                                                            Nomination and Remuneration Committee Charter.

      Prosedur Nominasi                                     Nomination Procedure

      Prosedur nominasi mengacu kepada Piagam Komite        The nomination procedure refers to the Company’s
      Nominasi dan Remunerasi Perseroan. Dalam proses       Nomination and Remuneration Committee Charter. In the
      nominasi, Komite Nominasi dan Remunerasi bertugas     nomination process, the Nomination and Remuneration
      membantu Dewan Komisaris untuk menentukan kriteria    Committee assists the Board of Commissioners in
      dan persyaratan calon anggota Direksi/Komisaris       determining the criteria and requirements for candidates
      termasuk persyaratan kompetensi. Komite mengusulkan   for members of the Board of Directors and/or the Board
      komposisi jabatan beserta kriteria yang dibutuhkan,   of Commissioners, including competency requirements.
      serta membantu penilaian kinerja Direksi dan/atau     The Committee proposes the composition of positions
      Dewan Komisaris berdasarkan tolok ukur yang telah     along with the required criteria and assists in assessing
      ditetapkan sebagai bahan evaluasi.                    the performance of the Board of Directors and/or the
                                                            Board of Commissioners based on predetermined
                                                            benchmarks as evaluation material.

      Prosedur dan Pelaksanaan                              Remuneration Procedures and
      Remunerasi Direksi dan Dewan                          Implementation for the Board
      Komisaris                                             of Directors and the Board of
                                                            Commissioners

      1. Prosedur Penetapan Remunerasi Direksi dan Dewan    1. Procedure for Determining Remuneration of the Board
         Komisaris                                             of Directors and the Board of Commissioners

         Remunerasi anggota Direksi dan Dewan Komisaris       The remuneration of members of the Board of
         ditetapkan dengan mengacu pada ketentuan POJK        Directors and the Board of Commissioners is
         34/2014, Anggaran Dasar Perseroan, dan Piagam        determined with reference to the provisions of POJK
         Komite Nominasi dan Remunerasi. Penetapan            34/2014, the Company’s Articles of Association,
         remunerasi dilakukan dengan memperhatikan            and the Nomination and Remuneration Committee
         rekomendasi dari Komite Nominasi dan Remunerasi      Charter. The determination of remuneration takes into
         yang disampaikan kepada Dewan Komisaris, dan         account recommendations from the Nomination and
         ditetapkan serta disahkan oleh pemegang saham        Remuneration Committee submitted to the Board of
         dalam RUPST.                                         Commissioners and is determined and approved by
                                                              the shareholders at the AGMS.

      2. Struktur Remunerasi Direksi dan Dewan Komisaris    2. Remuneration Structure of the Board of Directors and
                                                               the Board of Commissioners
         Komponen remunerasi anggota Dewan Komisaris           The remuneration components for members of the
         dan Direksi terdiri dari:                             Board of Directors and the Board of Commissioners
                                                               consist of:
         a. Gaji;                                              a. Salary;
         b. Tunjangan lainnya (Bonus dan Tunjangan Hari        b. Other benefits (Bonus and Religious Holiday
            Raya).                                                Allowance).



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Besaran atau Nominal Remunerasi                                           Amount or Nominal Value of
Direksi dan Dewan Komisaris                                               Remuneration of the Board of Directors
                                                                          and the Board of Commissioners

Berdasarkan keputusan RUPST Tahun Buku 2025 yang                          Based on the resolution of the AGMS for Fiscal Year
diselenggarakan pada 5 Juni 2025, bahwa kewenangan                        2025 held on 5 June 2025, the authority to determine
penetapan gaji atau honorarium dan tunjangan anggota                      the salary or honorarium and allowances for members
Direksi dan Dewan Komisaris untuk tahun 2025 telah                        of the Company’s Board of Directors and Board of
didelegasikan kepada Dewan Komisaris dengan                               Commissioners for the 2025 financial year has been
memperhatikan rekomendasi dari Komite Nominasi dan                        delegated to the Board of Commissioners by considering
Remunerasi. Dewan Komisaris memutuskan menyetujui                         the recommendation of Nomination and Remuneration
dan menetapkan gaji/honorarium dan/atau tunjangan                         Committee. The Board of Commissioners resolved to
yang diberikan pada tahun buku 2025 yaitu untuk Direksi                   approve the salary/honorarium and/or allowances will
sebanyak Rp6.232.814.047.- dan Dewan Komisaris                            be given in 2025 amounting to IDR 6,232,814,047 for the
sebanyak Rp1.794.074.703,-.                                               Board of Directors and IDR 1,794,074,703 for the Board
                                                                          of Commissioners.

Informasi besaran remunerasi masing-masing anggota                        Information regarding the remuneration amount for each
Direksi dan anggota Dewan Komisaris dapat dilihat                         member of the Board of Directors and the Board of
dalam tabel di bawah ini.                                                 Commissioners can be found in the table below.


                                                                                    Total Remunerasi/Tahun
   Nama                                                                            Total Remuneration per Year
   Direksi
                        Gaji               Tunjangan                                    Di atas 1 Miliar < 2
  Board of
                       Salaries             Benefits          Di bawah 1 Miliar               Miliar               Di atas 2 Miliar
  Directors’
    Name                                                       Below 1 Billion          Above 1 Billion < 2        Above 2 Billion
                                                                                              Billion

 Jimmy Kadir              ✓                      ✓                    -                          -                        ✓

 Genta
 Andhika                  ✓                      ✓                    -                          -                        ✓
 Putra

 Total 2025
 (dalam            Rp5.203.566.777,-     Rp1.029.247.270,-                                                      Rp6.232.814.047,-
                                                                      -                          -
 Rupiah)           IDR 5,203,566,777     IDR 1,029,247,270                                                     IDR 6,232,814,047
 (in Rupiah)



                                                                                         Total Remunerasi/Tahun
  Nama Dewan                                                                            Total Remuneration per Year
   Komisaris
                               Gaji                  Tunjangan                              Di atas 1 Miliar < 2
    Board of
                              Salaries                Benefits      Di bawah 1 Miliar             Miliar            Di atas 2 Miliar
 Commissioners’
     Name                                                            Below 1 Billion        Above 1 Billion < 2     Above 2 Billion
                                                                                                  Billion

 Indra Nathan                     ✓                     ✓                      ✓                      -                        -
 Kusnadi

 Karim Panjaitan                  ✓                     ✓                      ✓                      -                        -

 Kanaka Puradiredja               ✓                     ✓                      ✓                      -                        -

 Total 2025
                        Rp1.569.437.338,-       Rp224.637.365,-     Rp1.794.074.703,-
 (dalam Rupiah)                                                                                       -                        -
                        IDR 1,569,437,338       IDR 224,637,365    IDR 1,794,074,703
 (in Rupiah)




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      Komite Audit
      Audit Committee

      Perseroan memiliki Komite Audit untuk membantu             The Company has an Audit Committee to assist the Board
      Dewan Komisaris dalam melakukan pengawasan                 of Commissioners in supervising the implementation
      atas pelaksanaan fungsi Direksi dalam pengelolaan          of the Board of Directors’ functions in ensuring
      Perseroan yang baik. Anggota Komite Audit memiliki         sound corporate management. Members of the Audit
      masa tugas yang tidak boleh lebih lama dari masa jabatan   Committee serve for a term that may not exceed the term
      Dewan Komisaris sebagaimana diatur dalam Anggaran          of office of the Board of Commissioners as stipulated in
      Dasar Perseroan, yaitu selama 5 tahun, dan dapat dipilih   the Company’s Articles of Association, namely five (5)
      kembali hanya untuk 1 periode berikutnya. Ketentuan        years, and may be reappointed for only one subsequent
      masa jabatan Komite Audit mengacu pada Peraturan           term. The provisions regarding the term of office of the
      Otoritas Jasa Keuangan No. 55/POJK.04/2015 tanggal         Audit Committee refer to Financial Services Authority
      23 Desember 2015 tentang Pembentukan dan Pedoman           Regulation No. 55/POJK.04/2015 dated December 23,
      Pelaksanaan Kerja Komite Audit (“POJK 55/2015”).           2015, concerning the Establishment and Guidelines for
                                                                 the Work of the Audit Committee (“POJK 55/2015”).

      Profil Komite Audit                                        Audit Committee Profile

      1. Kanaka Puradiredja                                      1. Kanaka Puradiredja
         Ketua Komite Audit                                         Chairman of the Audit Committee

         Profil Bapak Kanaka Puradiredja dapat ditemukan           The profile of Mr. Kanaka Puradiredja can be found
         pada Bab 3 Profil Perseroan bagian profil Dewan           in Chapter 3: Company Profile, under the Board of
         Komisaris.                                                Commissioners Profile section.

         Bapak Kanaka Puradiredja diangkat sebagai Ketua           Mr. Kanaka Puradiredja was most recently appointed
         Komite Audit Perseroan terakhir kali berdasarkan          as Chairman of the Company’s Audit Committee
         Surat Keputusan Dewan Komisaris No. 1804/MTI/             pursuant to the Decree of the Board of Commissioners
         BOC/INT/IV/2023.                                          No. 1804/MTI/BOC/INT/IV/2023.

         Keterangan Rangkap Jabatan:                               Concurrent Positions:
         Selain menjabat sebagai Ketua Komite Audit di             In addition to serving as Chairman of the Audit
         Perseroan, Beliau juga menjabat sebagai Komisaris         Committee of the Company, he also serves as an
         Independen dan Ketua Komite Nominasi dan                  Independent Commissioner and Chairman of the
         Remunerasi di Perseroan.                                  Nomination and Remuneration Committee of the
                                                                   Company.




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                                                                                                  Tata Kelola Perusahaan
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                                                                                 2. Nenden Purwitasari
                                                                                                         Anggota Komite Audit
                                                                                                  Member of the Audit Committee


                                                                                                                              Usia I Age
                                                                                                                    62 Tahun | Years Old

                                                                                                                 Warga Negara Indonesia
                                                                                                                      Indonesian Citizen




Riwayat Pendidikan                                                 Educational Background
Sarjana Ekonomi (S1) jurusan Akuntansi dari Universitas Katolik    Bachelor’s Degree in Economics (Accounting), Parahyangan Catholic
Parahyangan, Bandung (1989).                                       University, Bandung (1989).

Riwayat Jabatan                                                    Professional History

Dasar Pengangkatan:                                                Appointment Basis:
Beliau diangkat sebagai anggota Komite Audit Perseroan terakhir    She was most recently appointed as a Member of the Company’s
kali berdasarkan Surat Keputusan Dewan Komisaris No. 1804/MTI/     Audit Committee pursuant to the Decree of the Board of
BOC/INT/IV/2023 tentang Pengangkatan Kembali Komite Audit          Commissioners No. 1804/MTI/BOC/INT/IV/2023 concerning the
PT Mora Telematika Indonesia Tbk.                                  Reappointment of the Audit Committee of PT Mora Telematika
                                                                   Indonesia Tbk.

Keterangan Rangkap Jabatan:                                        Concurrent Positions:
Beliau saat ini tidak memiliki jabatan lain di Perseroan selain    She currently does not hold any other positions in the Company
menjadi anggota Komite Audit.                                      apart from serving as a Member of the Audit Committee.

Pengalaman Kerja:                                                  Work Experience:
1. 2023-Sekarang: Anggota Komite Audit-PT Mora Telematika          1. 2023–present: Member of the Audit Committee-PT Mora
   Indonesia Tbk                                                      Telematika Indonesia Tbk
2. 2019-2024: Direktur-PT Insan Bisnis dan Industri Manufaktur     2. 2019–2024: Director-PT Insan Bisnis dan Industri Manufaktur
   Indonesia                                                          Indonesia
3. 2016-2024: Direktur-PT Nusa Danata Mahaloka                     3. 2016–2024: Director-PT Nusa Danata Mahaloka
4. 2013-2023: Anggota Komite Audit-PT Intibangun Sejahtera, Tbk    4. 2013–2023: Member of the Audit Committee-PT Intibangun
5. 2015-2016: Beliau mempunyai berbagai pengalaman memimpin           Sejahtera Tbk
   di posisi penting di beberapa Perusahaan di antaranya sebagai   5. 2015–2016: Held various leadership roles in several companies,
   Advisor di PT Anugerah Mitra Sentosa                               including serving as an Advisor at PT Anugerah Mitra Sentosa




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Page 170
                                                                                               3. Drs. Mulyadi, M.Sc
                                                                                                                     Anggota Komite Audit
                                                                                                              Member of the Audit Committee


                                                                                                                                          Usia I Age
                                                                                                                               79 Tahun | Years Old

                                                                                                                            Warga Negara Indonesia
                                                                                                                                 Indonesian Citizen




       Riwayat Pendidikan                                                     Educational Background
       1. Sarjana Ekonomi (S1) jurusan Akuntansi dari Universitas Gadjah      1. Bachelor’s Degree in Economics (Accounting), Gadjah Mada
          Mada (1971).                                                           University (1971).
       2. Master of Science in Management and Administrative Science          2. Master of Science in Management and Administrative Science,
          (S2) dari University of Texas Dallas, Amerika Serikat (1983).          University of Texas at Dallas, United States (1983).

       Riwayat Jabatan                                                        Professional History

       Dasar Pengangkatan:                                                    Appointment Basis:
       Beliau diangkat sebagai anggota Komite Audit Perseroan terakhir        He was most recently appointed as a Member of the Company’s
       kali berdasarkan Surat Keputusan Dewan Komisaris No. 1804/MTI/         Audit Committee pursuant to the Decree of the Board of
       BOC/INT/IV/2023 tentang Pengangkatan Kembali Komite Audit PT           Commissioners No. 1804/MTI/BOC/INT/IV/2023 concerning the
       Mora Telematika Indonesia Tbk.                                         Reappointment of the Audit Committee of PT Mora Telematika
                                                                              Indonesia Tbk.

       Keterangan Rangkap Jabatan:                                            Concurrent Positions:
       Di dalam Perseroan beliau tidak memiliki jabatan lain selain anggota   Within the Company, he does not hold any other position apart from
       Komite Audit.                                                          serving as a Member of the Audit Committee.

       Pengalaman Kerja:                                                      Work Experience:
       1. 2023-Sekarang: Anggota Komite Audit-PT Mora Telematika              1. 2023–present: Member of the Audit Committee-PT Mora
           Indonesia Tbk                                                          Telematika Indonesia Tbk
       2. 2017-Sekarang: Anggota Komite Audit-PT Bumi Resources               2. 2017–present: Member of the Audit Committee-PT Bumi
           Mineral                                                                Resources Mineral
       3. 2007-Sekarang: Anggota Komite Audit-PT Darma                        3. 2007–present: Member of the Audit Committee-PT Darma
           Henwa Tbk                                                              Henwa Tbk
       4. 2000-Sekarang: Partner-Kantor Akuntan Pubilk S. Mannan,             4. 2000–present: Partner-Public Accounting Firm S. Mannan,
           Ardiansyah dan Rekan                                                   Ardiansyah dan Rekan
       5. 2023-2024: Anggota Komite Audit-PT Inti Bangun                      5. 2023–2024: Member of the Audit Committee-PT Inti Bangun
           Sejahtera Tbk                                                          Sejahtera Tbk
       6. 2014-2023: Anggota Komite Audit-PT China Construction Bank          6. 2014–2023: Member of the Audit Committee-PT China
           Indonesia Tbk                                                          Construction Bank Indonesia Tbk
       7. 2013-2016: Anggota Komite Audit-PT Taman Wisata Candi               7. 2013–2016: Member of the Audit Committee-PT Taman Wisata
           Borobudur                                                              Candi Borobudur
       8. 2012-2022: Anggota Komite Audit-PT Bumi Resources                   8. 2012–2022: Member of the Audit Committee-PT Bumi Resources
       9. 2007-2012: Komisaris Utama-PT Primissima                            9. 2007–2012: President Commissioner-PT Primissima
       10. 1995 -2015: Dosen-Fakultas Ekonomi dan Bisnis Universitas          10. 1995–2015: Lecturer-Faculty of Economics and Business, Gadjah
           Gadjah Mada                                                            Mada University
       11. 1994 -1997: Direktur-Sekolah Tinggi Ilmu Ekonomi, YKPN             11. 1994–1997: Director-School of Economics (STIE) YKPN
       12. 1985-1990: Asisten Direktur-Pusat Antar Universitas Universitas    12. 1985–1990: Assistant Director-Inter-University Center, Gadjah
           Gadjah Mada                                                            Mada University
       13. 1972-2020: Dosen Pascasarjana-Universitas Gadjah Mada              13. 1972–2020: Postgraduate Lecturer-Gadjah Mada University




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Periode dan Masa Jabatan Anggota                                   Period and Term of Office of the Audit
Komite Audit                                                       Committee Members

            Nama                            Jabatan               Periode dan Masa Jabatan                Dasar Pengangkatan
            Name                            Position              Tenure and Terms of Office               Appointment Basis
                              Komisaris Independen/Ketua
                              Komite Audit
Kanaka Puradiredja            Independent Commissioner/
                              Chairman of the Audit                                                      Surat Keputusan Dewan
                              Committee                                                                Komisaris No. 1804/MTI/ BOC/
                                                                    18 April 2023 – 30 Juni 2027               INT/IV/2023
                              Anggota Komite Audit                 April 18, 2023 – June 30, 2027         Decree of the Board of
Nenden Purwitasari
                              Member of the Audit Committee                                            Commissioners No. 1804/MTI/
                                                                                                            BOC/INT/IV/2023
                              Anggota Komite Audit
Drs. Mulyadi, M.SC            Member of the Audit Committee




Pernyataan Independensi Komite                                     Audit Committee Independence
Audit                                                              Statement

Komite Audit Perseroan telah menandatangani Surat                  The Company’s Audit Committee has signed an
Pernyataan Independensi sebagai komitmen untuk                     Independence Statement as a commitment to
selalu bersikap independen dan profesional dalam                   consistently act independently and professionally in
menjalankan fungsi dan tugasnya. Pernyataan ini                    carrying out its functions and duties. This statement is
diperbarui secara berkala setiap tahun, dengan                     updated periodically on an annual basis, with the most
pembaruan terakhir tertuang dalam Surat Pernyataan                 recent update set forth in the Independence Statement
Independensi tertanggal 3 Januari 2025.                            dated January 3, 2025.

Pelatihan, Pendidikan, dan Peningkatan                             Training, Education, and Competency
Kompetensi Komite Audit                                            Development of the Audit Committee

Komite Audit mengikuti program pendidikan dan                      The Audit Committee participated in education and
pelatihan guna memperkuat kompetensi dalam                         training programs to strengthen its competencies in
mendukung fungsi pengawasan Dewan Komisaris.                       supporting the supervisory function of the Board of
Berikut kegiatan pelatihan, pendidikan, dan/atau                   Commissioners. The following are the training, education,
peningkatan kompetensi yang diikuti Komite Audit                   and/or competency development activities attended by
sepanjang tahun 2025:                                              the Audit Committee throughout 2025:


                                                Materi Pendidikan dan
     Nama             Jenis Pelatihan                 Pelatihan                Tempat dan Waktu                Penyelenggara
     Name             Type of Training          Education and Training          Venue and Date                   Organizer
                                                       Subject
                                                  Unlocking The Future
                                                   of Fraud Detection:      Hotel Manhattan Jakarta -         Ikatan Komite Audit
                     Anggota Komite Audit
                                                Implementing Automated      Jakarta 30 Oktober 2025                Indonesia
Drs. Mulyadi, M.SC    Member of the Audit
                                                  & AI-Powered System       Manhattan Hotel Jakarta,            Indonesian Audit
                         Committee
                                                 for Proactive Fraud Risk   Jakarta October 30, 2025         Committee Association
                                                       Management




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      Rapat Komite Audit                                          Audit Committee Meetings

      Rapat Komite Audit diselenggarakan secara berkala           Audit Committee meetings are held regularly at least once
      paling sedikit 1 kali dalam 3 bulan berdasarkan ketentuan   every 3 months in accordance with the provisions of the
      Piagam Komite Audit, dan POJK 55/2015. Rapat Komite         Audit Committee Charter and Financial Services Authority
      Audit hanya dapat diselenggarakan apabila dihadiri oleh     Regulation (POJK) No. 55/2015. Audit Committee meetings
      lebih dari 1/2 jumlah anggota. Komite Audit mengambil       may only be convened if attended by more than one-half of
      keputusan atas dasar musyawarah untuk mufakat,              the total members. The Audit Committee adopts resolutions
      yang dituangkan dalam risalah rapat, serta disampaikan      based on deliberation to reach consensus, which are
      kepada Dewan Komisaris.                                     documented in the minutes of meetings and subsequently
                                                                  submitted to the Board of Commissioners.

      Selama tahun 2025, Komite Audit telah menyelenggarakan      During 2025, the Audit Committee held 10 meetings, with
      10 kali rapat dengan tingkat kehadiran sebagai berikut:     the following attendance rate:


             Nama                   Jabatan            Jumlah Rapat             Kehadiran                Persentase
             Name                   Position         Number of Meetings         Attendance               Percentage

                                     Ketua
       Kanaka Puradiredja                                    10                      8                       80%
                                    Chairman

                                     Anggota
       Nenden Purwitasari                                    10                      10                     100%
                                     Member

                                     Anggota
       Drs. Mulyadi, M.Sc                                    10                      10                     100%
                                     Member


      Piagam Komite Audit                                         Audit Committee Charter

      Dalam melaksanakan tugas dan tanggung jawabnya,             In carrying out its duties and responsibilities, the Audit
      Komite Audit telah dilengkapi pedoman kerja berupa          Committee is guided by an Audit Committee Charter,
      Piagam Komite Audit yang pertama kali dibentuk pada         which was initially established under Charter dated
      22 Januari 2019. Piagam Komite Audit Perseroan terakhir     January 22, 2019. The Company’s Audit Committee
      diperbaharui pada 31 Januari 2025.                          Charter was last updated on January 31, 2025.

      Berikut adalah garis besar isi dari Piagam Komite Audit     The following outlines the main contents of the Company’s
      Perseroan:                                                  Audit Committee Charter:

      Bab I : Pendahuluan                                         Chapter I: Introduction
      Bab II : Tujuan                                             Chapter II: Objectives
      Bab III : Tugas, Tanggung Jawab dan Wewenang                Chapter III: Duties, Responsibilities, and Authorities
      Bab IV : Kebijakan Rapat                                    Chapter IV: Meeting Policies
      Bab V : Komposisi, Struktur, dan Persyaratan                Chapter V: Composition, Structure, and Membership
      Keanggotaan                                                 Requirements
      Bab VI : Masa Jabatan                                       Chapter VI: Term of Office
      Bab VII : Tata Cara dan Prosedur Kerja                      Chapter VII: Working Procedures and Processes
      Bab VIII : Pelaporan dan Pertanggungjawaban                 Chapter VIII: Reporting and Accountability
      Bab IX : Penanganan Pengaduan atau Pelaporan                Chapter IX: Handling of Complaints or Whistleblowing
      Pelanggaran                                                 Reports
      Bab X : Penutup                                             Chapter X: Closing




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                                                                                      Tata Kelola Perusahaan
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Pelaksanaan Kegiatan Komite Audit                           Implementation of Audit Committee
Sesuai Piagam Komite Audit                                  Activities in Accordance with the
                                                            Audit Committee Charter

Selama tahun 2025, Komite Audit telah melaksanakan          During 2025, the Audit Committee carried out its roles
peran dan tanggung jawabnya sesuai dengan yang              and responsibilities as stipulated in the Audit Committee
dicantumkan dalam Piagam Komite Audit (Audit                Charter, as follows:
Committee Charter) sebagai berikut:
1. Melakukan pengawasan dan memastikan efektivitas          1. Supervising and ensuring the effectiveness of the
   terhadap pelaksanaan audit atas laporan keuangan            audit of the Company’s financial statements for the
   Perseroan Tahun Buku 2025 yang dilaksanakan oleh            2025 financial year conducted by the external auditor.
   auditor eksternal.
2. Melakukan kajian berkala atas informasi keuangan         2. Conducting periodic reviews of the Company’s
   Perseroan yang akan dipublikasikan, yang terdiri dari       financial information to be published, consisting of
   laporan keuangan triwulan dan laporan keuangan              quarterly financial statements and year-end financial
   akhir tahun. Pelaksanaan reviu atas laporan keuangan        statements. The review of financial statements
   mencakup identifikasi hal-hal yang perlu mendapat           includes identifying matters requiring management’s
   perhatian manajemen dan berbagai rekomendasi                attention and providing various recommendations for
   untuk pengembangan usaha.                                   business development.
3. Melakukan kajian atas isu-isu legal dan perpajakan       3. Reviewing legal and tax issues that have an impact on
   yang berdampak terhadap pelaporan keuangan                  the Company’s financial reporting.
   Perseroan.
4. Melakukan pengawasan atas hasil audit Auditor            4. Supervising the results of audits conducted by the
   Internal dan tindak lanjut oleh manajemen.                  Internal Auditor and the follow-up actions taken by
                                                               management.
5. Mengkaji kinerja Divisi Audit Internal secara berkala.   5. Periodically reviewing the performance of the Internal
                                                               Audit Division.




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Page 174
      Komite Nominasi dan Remunerasi
      Nomination and Remuneration Committee

      Perseroan telah membentuk Komite Nominasi dan          The Company has established a Nomination and
      Remunerasi sesuai dengan Peraturan Otoritas Jasa       Remuneration Committee in accordance with Financial
      Keuangan No. 34/POJK.04/2014 tanggal 8 Desember        Services Authority Regulation No. 34/POJK.04/2014
      2014 tentang Komite Nominasi dan Remunerasi Emiten     dated December 8, 2014, concerning the Nomination
      atau Perusahaan Publik (“POJK 34/2014”). Komite ini    and Remuneration Committee of Issuers or Public
      mendukung pelaksanaan fungsi terkait nominasi dan      Companies (“POJK 34/2014”). This Committee supports
      remunerasi.                                            the implementation of functions related to nomination
                                                             and remuneration.

      Profil Komite Nominasi dan                             Profile of the Nomination and
      Remunerasi                                             Remuneration Committee

      1. Kanaka Puradiredja                                  1. Kanaka Puradiredja
         Ketua Komite Nominasi dan Remunerasi                   Chairman of the Nomination and Remuneration
                                                                Committee

         Profil Bapak Kanaka Puradiredja dapat ditemukan       The profile of Mr. Kanaka Puradiredja can be found
         pada Bab 3 Profil Perseroan bagian profil Dewan       in Chapter 3: Company Profile, under the Board of
         Komisaris.                                            Commissioners Profile section.

         Bapak Kanaka Puradiredja diangkat sebagai Ketua       Mr. Kanaka Puradiredja was appointed as Chairman of
         Komite Nominasi dan Remunerasi berdasarkan Surat      the Nomination and Remuneration Committee pursuant
         Keputusan Dewan Komisaris PT Mora Telematika          to the Decree of the Board of Commissioners of PT Mora
         Indonesia Tbk No. 1509/MTI/BOC/INT/IX/2022            Telematika Indonesia Tbk No. 1509/MTI/BOC/INT/
         tentang Perubahan Struktur Komite Nominasi dan        IX/2022 concerning the Amendment to the Structure
         Remunerasi tertanggal 28 September 2022.              of the Nomination and Remuneration Committee,
                                                               dated September 28, 2022.

         Keterangan Rangkap Jabatan:                           Concurrent Positions:
         Selain menjabat sebagai Ketua Komite Nominasi         In addition to serving as Chairman of the Nomination
         dan Remunerasi di Perseroan, Beliau juga menjabat     and Remuneration Committee of the Company, he
         sebagai Komisaris Independen dan Ketua Komite         also serves as an Independent Commissioner and
         Audit di Perseroan.                                   Chairman of the Audit Committee of the Company.

      2. Indra Nathan Kusnadi                                2. Indra Nathan Kusnadi
         Anggota Komite Nominasi dan Remunerasi                 Member of the Nomination and Remuneration
                                                                Committee
         Profil Bapak Indra Nathan Kusnadi dapat ditemukan      The profile of Mr. Indra Nathan Kusnadi can be found
         pada Bab 3 Profil Perseroan bagian profil Dewan        in Chapter 3: Company Profile, under the Board of
         Komisaris.                                             Commissioners Profile section.

         Bapak Indra Nathan Kusnadi diangkat sebagai           Mr. Indra Nathan Kusnadi was appointed as a Member
         Anggota Komite Nominasi dan Remunerasi                of the Nomination and Remuneration Committee
         berdasarkan Surat Keputusan Dewan Komisaris PT        pursuant to the Decree of the Board of Commissioners
         Mora Telematika Indonesia Tbk No 1509/MTI/BOC/        of PT Mora Telematika Indonesia Tbk No. 1509/MTI/
         INT/IX/2022 tentang Perubahan Struktur Komite         BOC/INT/IX/2022 concerning the Amendment to
         Nominasi dan Remunerasi tertanggal 28 September       the Structure of the Nomination and Remuneration
         2022.                                                 Committee, dated September 28, 2022.

         Keterangan Rangkap Jabatan:                           Concurrent Positions:
         Selain menjabat sebagai Anggota Komite Nominasi       In addition to serving as a Member of the Nomination
         dan Remunerasi di Perseroan, Beliau juga menjabat     and Remuneration Committee of the Company, he also
         sebagai Komisaris Utama di Perseroan.                 serves as President Commissioner of the Company.

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                                                                                                    Tata Kelola Perusahaan
                                                                                                     Corporate Governance




                                                                      3. Hekal Syamsuddin Yahya
                                                                                      Anggota Komite Nominasi dan Remunerasi
                                                                                                 Member of the Nomination and
                                                                                                      Remuneration Committee
                                                                                                                                 Usia I Age
                                                                                                                       46 Tahun | Years Old

                                                                                                                   Warga Negara Indonesia
                                                                                                                        Indonesian Citizen




Riwayat Pendidikan                                                  Educational Background
1. Master of International Business (S2) di Faculty of              1. Master of International Business from the Faculty of
   Commerce dari University of Wollongong Sydney, New                  Commerce, University of Wollongong, Sydney, New South
   South Wales, Australia (2006).                                      Wales, Australia (2006).
2. Sarjana Hukum (S1) dari Universitas Trisakti (2003).             2. Bachelor of Laws from Trisakti University (2003).
Riwayat Jabatan                                                     Professional History
Dasar Pengangkatan:                                                 Appointment Basis:
Beliau diangkat sebagai Anggota Komite Nominasi dan Remunerasi      He was appointed as a Member of the Nomination and
berdasarkan Surat Keputusan Dewan Komisaris PT Mora                 Remuneration Committee pursuant to the Decree of the Board of
Telematika Indonesia Tbk No 1509/MTI/BOC/INT/IX/2022 tentang        Commissioners of PT Mora Telematika Indonesia Tbk No. 1509/MTI/
Perubahan Struktur Komite Nominasi dan Remunerasi tertanggal 28     BOC/INT/IX/2022 concerning the Amendment to the Structure of
September 2022.                                                     the Nomination and Remuneration Committee, dated September 28,
                                                                    2022.

Keterangan Rangkap Jabatan:                                         Concurrent Positions:
Di dalam Perseroan beliau tidak merangkap jabatan sebagai           Within the Company, he does not concurrently serve as a member
anggota Dewan Komisaris, anggota Direksi, anggota komite            of the Board of Commissioners, the Board of Directors, or any other
lainnya yang dimiliki oleh Perseroan, namun menjabat sebagai Vice   committees of the Company. However, he serves as Vice President
President Human Resources dan General Affair di Perseroan.          of Human Resources and General Affairs of the Company.

Pengalaman Kerja:                                                   Work Experience:
1. 2022-sekarang: VP HRGA-PT Mora Telematika                        1. 2022–present: Vice President HRGA-PT Mora Telematika
   Indonesia Tbk                                                       Indonesia Tbk
2. 2022-Sekarang: Anggota Komite Nominasi dan                       2. 2022–present: Member-of the Nomination and
   Remunerasi-PT Mora Telematika Indonesia Tbk                         Remuneration Committee-PT Mora Telematika Indonesia
                                                                       Tbk
3. 2022: Head of Corporate Legal & SITAC Department-                3. 2022: Head of Corporate Legal & SITAC Department-PT
   PT Mora Telematika Indonesia Tbk                                    Mora Telematika Indonesia Tbk
4. 2015-2022: Head of Legal Division-PT Mora Telematika             4. 2015–2022: Head of Legal Division-PT Mora Telematika
   Indonesia Tbk                                                       Indonesia Tbk
5. 2010-2015: Legal Manager-PT Mora Telematika                      5. 2010–2015: Legal Manager-PT Mora Telematika
   Indonesia Tbk                                                       Indonesia Tbk
6. 2006-2010: Legal Counsel-PT Tower Bersama                        6. 2006–2010: Legal Counsel-PT Tower Bersama
   Infrastructure Tbk                                                  Infrastructure Tbk
7. 2006: Legal Officer-PT POESER Indonesia                          7. 2006: Legal Officer-PT POESER Indonesia




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      Periode dan Masa Jabatan Anggota Komite Nominasi dan Remunerasi
      Period and Term of Office of the Nomination and Remuneration Committee Members
               Nama                        Jabatan                 Periode dan Masa Jabatan              Dasar Pengangkatan
               Name                        Position                 Period and Term of Office            Basis of Appointment
                               Komisaris Independen/Ketua
                               Komite Nominasi dan Remunerasi
      Kanaka Puradiredja       Independent Commissioner/
                               Chairman of the Nomination and                                        Surat Keputusan Dewan
                               Remuneration Committee                                                Komisaris PT Mora Telematika
                                                                                                     Indonesia Tbk No. 1509/MTI/
                               Anggota Komite Nominasi dan
                                                                28 September 2022 – 30 Juni 2027     BOC/INT/IX/2022
                               Remunerasi
      Indra Nathan Kusnadi                                      September 28, 2022 – June 30, 2027   Decree of the Board of
                               Member of the Nomination and
                                                                                                     Commissioners of PT Mora
                               Remuneration Committee
                                                                                                     Telematika Indonesia Tbk No.
                               Anggota Komite Nominasi dan                                           1509/MTI/BOC/INT/IX/2022
      Hekal Syamsuddin         Remunerasi
      Yahya                    Member of the Nomination and
                               Remuneration Committee



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

      Komite Nominasi dan Remunerasi Perseroan senantiasa              The Company’s Nomination and Remuneration
      bersikap independen dan mampu melaksanakan                       Committee consistently maintains its independence
      tugasnya secara independen, terlepas dari pengaruh               and is able to perform its duties independently, free
      berbagai pihak yang memiliki kepentingan yang                    from the influence of any parties whose interests may
      dapat berbenturan dengan kepentingan Perseroan.                  conflict with those of the Company. The Company’s
      Komite Nominasi dan Remunerasi Perseroan telah                   Nomination and Remuneration Committee has signed a
      menandatangani Surat Pernyataan Independensi yang                Statement of Independence declaring that it consistently
      menyatakan bahwa Komite Nominasi dan Remunerasi                  acts independently and professionally in carrying out
      senantiasa bersikap independen dan profesional dalam             its functions and duties. This statement is issued and
      menjalankan fungsi dan tugasnya. Pernyataan ini                  renewed annually by the Nomination and Remuneration
      diberikan dan diperbaharui oleh Komite Nominasi dan              Committee, most recently in the Statement of
      Remunerasi dari tahun ke tahun, yang mana terakhir kali          Independence dated January 3, 2025. The Company
      pernyataan tersebut dinyatakan dalam Surat Pernyataan            does not have any members of the Nomination and
      Independensi tertanggal 3 Januari 2025. Perseroan                Remuneration Committee who come from outside the
      tidak memiliki anggota Komite Nominasi dan Remunerasi            Company.
      yang berasal dari luar Perseroan.

      Pelatihan, Pendidikan, dan                                       Training, Education, and Competency
      Peningkatan Kompetensi Komite                                    Development of the Nomination and
      Nominasi dan Remunerasi                                          Remuneration Committee

      Komite Nominasi dan Remunerasi mengikuti program                 The Nomination and Remuneration Committee
      pendidikan dan pelatihan guna memperkuat kompetensi              participated in education and training programs to
      dalam mendukung fungsi nominasi dan remunerasi.                  strengthen its competencies in supporting the nomination
      Berikut kegiatan pelatihan, pendidikan, dan/atau                 and remuneration functions. The following are the
      peningkatan kompetensi yang diikuti Komite Nominasi              training, education, and/or competency development
      dan Remunerasi sepanjang tahun 2025:                             activities attended by the Nomination and Remuneration
                                                                       Committee throughout 2025:




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                                                                                         Tata Kelola Perusahaan
                                                                                          Corporate Governance




                                                Materi Pendidikan
         Nama             Jenis Pelatihan         dan Pelatihan          Tempat dan Waktu            Penyelenggara
         Name             Type of Training        Education and           Venue and Time               Organizer
                                                 Training Subject
                                              Peran Strategis HR dalam
                                                                         Mercure Gatot Subroto,
                              Seminar             Manajemen M&A
 Hekal S. Yahya                                                            5 November 2025               Intipesan
                             Work Shop          HR’s Strategic Role in
                                                                           November 5, 2025
                                                 M&A Management


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

Fungsi Nominasi                                             Nomination Function

Tugas dan Tanggung Jawab Komite Nominasi dan                The duties and responsibilities of the Company’s
Remunerasi Perseroan dalam menjalankan Fungsi               Nomination and Remuneration Committee in carrying out
nominasi, adalah sebagai berikut:                           the nomination function are as follows:

1. Memberikan rekomendasi mengenai:                         1. Providing recommendations regarding:
   a. Komposisi jabatan anggota Direksi dan/atau               a. The composition of positions of members of the
      anggota Dewan Komisaris;                                    Board of Directors and/or members of the Board of
                                                                  Commissioners;
   b. Kebijakan dan kriteria yang dibutuhkan dalam             b. Policies and criteria required in the nomination
      proses nominasi; dan                                        process; and
   c. Kebijakan evaluasi kinerja bagi anggota Direksi          c. Performance evaluation policies for members
      dan/atau anggota Dewan Komisaris.                           of the Board of Directors and/or members of the
                                                                  Board of Commissioners.
2. Membantu melakukan penilaian kinerja anggota             2. Assisting in conducting performance assessments of
   Direksi dan/atau anggota Dewan Komisaris                    members of the Board of Directors and/or members
   berdasarkan tolok ukur yang telah disusun sebagai           of the Board of Commissioners based on established
   bahan evaluasi.                                             benchmarks as evaluation materials.
3. Menelaah dan memberikan usulan calon yang                3. Reviewing and proposing qualified candidates for
   memenuhi syarat sebagai anggota Direksi dan/atau            members of the Board of Directors and/or members
   anggota Dewan Komisaris untuk disampaikan kepada            of the Board of Commissioners to be submitted to the
   RUPS.                                                       GMS.
4. Menyusun dan memberikan rekomendasi mengenai             4. Preparing and providing recommendations regarding
   struktur, jumlah, sistem dan prosedur pemilihan dan/        the structure, number, system, and procedures for the
   atau penggantian anggota Dewan Komisaris dan/               appointment and/or replacement of members of the
   atau Direksi kepada Dewan Komisaris.                        Board of Commissioners and/or the Board of Directors
                                                               to the Board of Commissioners.




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      Fungsi Remunerasi                                         Remuneration Function

      Tugas dan Tanggung Jawab Komite Nominasi dan              The duties and responsibilities of the Company’s
      Remunerasi Perseroan dalam menjalankan fungsi             Nomination and Remuneration Committee in carrying out
      remunerasi, adalah sebagai berikut:                       the remuneration function are as follows:

      1. Memberikan rekomendasi kepada Dewan Komisaris          1. To provide recommendations to the Board of
         mengenai:                                                 Commissioners regarding:
         a. struktur Remunerasi;                                   a. the remuneration structure;
         b. kebijakan atas Remunerasi; dan                         b. the remuneration policy; and
         c. besaran atas Remunerasi;                               c. the amount of remuneration;

      2. Membantu Dewan Komisaris melakukan penilaian           2. To assist the Board of Commissioners in conducting
         kinerja dengan kesesuaian Remunerasi yang diterima        performance evaluations in relation to the
         masing-masing anggota Direksi dan/atau anggota            appropriateness of the remuneration received by each
         Dewan Komisaris.                                          member of the Board of Directors and/or the Board of
                                                                   Commissioners.

      Piagam Komite Nominasi dan                                Nomination and Remuneration
      Remunerasi                                                Committee Charter

      Dalam melaksanakan tugas dan tanggung jawabnya,           In carrying out its duties and responsibilities, the
      Komite Nominasi dan Remunerasi telah dilengkapi           Nomination and Remuneration Committee is equipped
      pedoman kerja yang ditetapkan dalam Piagam Komite         with working guidelines stipulated in the Nomination and
      Nominasi dan Remunerasi tertanggal 29 Maret 2018.         Remuneration Committee Charter dated March 29, 2018.
      Piagam tersebut disusun berdasarkan peraturan dan         The Charter was prepared in accordance with applicable
      perundang-undangan yang berlaku dan senantiasa            laws and regulations and is periodically reviewed.
      ditinjau ulang secara berkala.                            The following outlines the main contents of the Company’s
      Berikut adalah garis besar isi dari Piagam Komite Audit   Nomination and Remuneration Committee Charter:
      Perseroan:
      Bab I : Dasar Hukum                                       Chapter I: Legal Basis
      Bab II : Tugas dan Tanggung Jawab                         Chapter II: Duties and Responsibilities
      Bab III : Komposisi dan Struktur Keanggotaan              Chapter III: Composition and Membership Structure
      Bab IV : Tata Cara dan Prosedur Kerja                     Chapter IV: Working Procedures and Mechanisms
      Bab V : Penyelenggaraan                                   Chapter V: Administration
      Bab VI : Keputusan Rapat                                  Chapter VI: Meeting Resolutions
      Bab VII : Sistem Pelaporan Kegiatan                       Chapter VII: Activity Reporting System
      Bab VIII: Tata Cara Penggantian Anggota dan Masa          Chapter VIII: Procedures for Member Replacement and
      Jabatan                                                   Term of Office
      Bab IX : Kerahasiaan Data dan Informasi                   Chapter IX: Confidentiality of Data and Information

      Rapat Komite Nominasi dan                                 Nomination and Remuneration
      Remunerasi                                                Committee Meetings

      Rapat Komite Nominasi dan Remunerasi diselenggarakan      Meetings of the Nomination and Remuneration
      secara berkala paling sedikit 1 kali dalam 4 bulan        Committee are held regularly at least once every four
      berdasarkan ketentuan POJK No. 34/2014. Selama            months in accordance with POJK No. 34/2014. During
      tahun 2025, Rapat Komite Nominasi dan Remunerasi          2025, the Nomination and Remuneration Committee held
      terselenggara sebanyak 3 kali rapat dengan tingkat        3 meetings with the following attendance rate:
      kehadiran sebagai berikut:




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                                                                                    Tata Kelola Perusahaan
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        Nama                Jabatan            Jumlah Rapat               Kehadiran               Persentase
        Name                Position         Number of Meetings           Attendance              Percentage

                             Ketua
Kanaka Puradiredja                                     3                       3                      100%
                            Chairman


                             Anggota
Indra Nathan Kusnadi                                   3                       3                      100%
                             Member


                             Anggota
Hekal Syamsuddin Yahya                                 3                       3                      100%
                             Member



Pelaksanaan Kegiatan Komite                                Implementation of Activities of
Nominasi dan Remunerasi                                    the Nomination and Remuneration
                                                           Committee

Sepanjang tahun 2025, Komite Nominasi dan Remunerasi       Throughout 2025, the Nomination and Remuneration
telah melaksanakan beberapa kegiatan sesuai dengan         Committee carried out several activities in accordance
tugas dan tanggung jawab serta kewenangan Komite           with its duties, responsibilities, and authorities as
sebagaimana diatur dalam Piagam Komite Nominasi            stipulated in the Nomination and Remuneration Committee
dan Remunerasi. Komite Nominasi dan Remunerasi             Charter. The Nomination and Remuneration Committee
senantiasa memberikan nasihat dan rekomendasi              consistently provided advice and recommendations to
kepada Dewan Komisaris berkaitan dengan nominasi           the Board of Commissioners related to nomination and
dan remunerasi dari para anggota Direksi dan Dewan         remuneration of members of the Board of Directors and
Komisaris.                                                 the Board of Commissioners.



                                                                  Sekretaris Perusahaan
                                                                               Corporate Secretary

Informasi mengenai Sekretaris Perusahaan dapat             Information regarding the Corporate Secretary can be
ditemukan di bab Profil Perusahaan dalam Laporan           found in the Company Profile section of this Annual
Tahunan ini.                                               Report.




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      Unit Audit Internal
      Internal Audit Unit

      Pembentukan Unit Audit Internal Perseroan merujuk                     Pembentukan Unit Audit Internal Perseroan merujuk
      pada Peraturan OJK No. 56/POJK.04/2015, tentang                       pada Peraturan OJK No. 56/POJK.04/2015, tentang
      Pembentukan dan Pedoman Penyusunan Piagam Unit                        Pembentukan dan Pedoman Penyusunan Piagam Unit
      Audit Internal (“POJK 56/2015”).                                      Audit Internal (“POJK 56/2015”).

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




                                                                               Bernardus Wenzel Gunardi
                                                                                                                Kepala Unit Audit Internal
                                                                                                             Head of the Internal Audit Unit


                                                                                                                                       Usia I Age
                                                                                                                             40 Tahun | Years Old

                                                                                                                          Warga Negara Indonesia
                                                                                                                               Indonesian Citizen




                                                                                                                                                



       Riwayat Pendidikan                                                 Educational Background:
       1. Magister Manajemen (S2) dari Universitas Tarumanagara,          1. Master of Management (S2), Universitas Tarumanagara, Jakarta
          Jakarta (2010).                                                    (2010).
       2. Sarjana Ekonomi (S1) dari Sekolah Tinggi Ilmu Ekonomi (STIE)    2. Bachelor of Economics (S1), Sekolah Tinggi Ilmu Ekonomi (STIE)
          Buddhi, Tangerang (2007).                                          Buddhi, Tangerang (2007).

       Riwayat Jabatan                                                    Professional History
       Dasar Pengangkatan:                                                Appointment Basis:
       Berdasarkan Surat Keputusan Direksi No.061/MTI/PD-DIR/             Based on the Board of Directors’ Decree No. 061/MTI/PD-DIR/
       VI/2024 tanggal 14 Juni 2024 yang ditandatangani oleh Direktur     VI/2024 dated June 14, 2024, signed by the President Director and
       Utama dan Wakil Direktur Utama Perseroan, Perseroan telah          the Vice President Director of the Company, the Company appointed
       mengangkat Bernardus Wenzel Gunardi sebagai Kepala Unit Audit      Bernardus Wenzel Gunardi as the Head of the Company’s Internal
       Internal Perseroan, yang mana telah mendapatkan persetujuan        Audit Unit. This appointment received approval from the Board of
       Dewan Komisaris berdasarkan Keputusan Sirkuler Pengganti           Commissioners through a Circular Resolution in Lieu of a Meeting of
       Rapat Dewan Komisaris Perseroan.                                   the Board of Commissioners.

       Pengalaman Kerja:                                                  Work Experience:
       1. 2024 – Sekarang: Kepala Unit Audit Internal-PT Mora             1. 2024 – Present: Head of Internal Audit Unit-PT Mora Telematika
          Telematika Indonesia Tbk                                           Indonesia Tbk
       2. 2019 – 2024: Manager Business Control-PT Palapa Timur           2. 2019 – 2024: Business Control Manager-PT Palapa Timur
          Telematika                                                         Telematika
       3. 2017 – 2019: Manager Business Control-PT Infrastruktur Bisnis   3. 2017 – 2019: Business Control Manager-PT Infrastruktur Bisnis
          Sejahtera                                                          Sejahtera
       4. 2007 – 2017: Manager Internal Audit-PT Bumi Sawit Permai        4. 2007 – 2017: Internal Audit Manager-PT Bumi Sawit Permai
       5. 2004 – 2005 Staff Accounting-PT Alfa Tara Utama                 5. 2004 – 2005: Accounting Staff-PT Alfa Tara Utama




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Kualifikasi dan Sertifikasi Unit Audit                      Qualifications and Certifications of
Internal                                                    the Internal Audit Unit

Untuk memastikan pelaksanaan audit internal yang            To ensure the effective implementation of internal audits,
efektif, Perseroan telah menetapkan standar kualifikasi     the Company has established qualification standards for
unit Audit Internal, antara lain:                           the Internal Audit Unit, including:

1. Memiliki integritas dan perilaku profesional,            1. Demonstrating integrity and professional conduct,
   independen, jujur, dan objektif dalam melaksanakan          and performing duties independently, honestly, and
   tugasnya;                                                   objectively;
2. Memiliki pengetahuan dan pengalaman mengenai             2. Possessing knowledge and experience in audit
   teknis audit dan disiplin ilmu lain yang relevan dalam      techniques and other relevant disciplines related to
   bidang dan tugasnya;                                        their fields and responsibilities;
3. Memiliki pengetahuan tentang peraturan perundang-        3. Having knowledge of capital market laws and
   undangan di bidang pasar modal dan peraturan                regulations and other relevant regulations;
   perundang-undangan yang terkait lainnya;
4. Memiliki kecakapan untuk berinteraksi dan                4. Possessing the ability to interact and communicate
   berkomunikasi baik lisan maupun tertulis secara             effectively, both orally and in writing;
   efektif;
5. Wajib memenuhi kode etik audit internal;                 5. Complying with the internal audit code of ethics;
6. Wajib menjaga kerahasiaan informasi dan/atau             6. Maintaining the confidentiality of the Company’s
   data Perseroan terkait dengan pelaksanaan tugas             information and/or data related to the execution of the
   dan tanggung jawab Unit Audit Internal terkecuali           duties and responsibilities of the Internal Audit Unit,
   diwajibkan berdasarkan peraturan perundang-                 except as required by applicable laws and regulations
   undangan atau penetapan putusan pengadilan;                 or court decisions;
7. Memahami prinsip-prinsip GCG; dan                        7. Understanding the principles of Good Corporate
                                                               Governance (GCG); and
8. Bersedia meningkatkan pengetahuan, keahlian,             8. Willing to continuously enhance knowledge, skills,
   dan kemampuan profesionalismenya secara terus               and professional capabilities.
   menerus.

Perseroan mendorong Audit Internal untuk memiliki           The Company encourages Internal Auditors to obtain
sertifikasi profesi yang diharapkan mampu memberikan        professional certifications that are expected to provide
fondasi bagi pengembangan audit internal yang sesuai        a solid foundation for the development of internal audit
dengan yang diharapkan. Per 31 Desember 2025,               functions in line with expectations. As of December
kualifikasi Auditor Internal Perseroan berupa sertifikasi   31, 2025, the qualifications of the Company’s Internal
dapat dilihat pada tabel di bawah ini.                      Auditors in the form of certifications are presented in the
                                                            table below.


                                                                           Jumlah Auditor Internal
                Nama dan Jenis Sertifikasi                                 yang Memiliki Sertifikat
               Name and Type of Certification                             Number of Internal Auditors
                                                                             Holding Certification

            IIAP (Indonesia Internal Audit Practitioner)                         1 orang person

           QRMO (Qualified Risk Management Officer)                              1 orang person

         CRMP (Certified Risk Management Professional)                           1 orang person




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      Bernardus Wenzel Gunardi sebagai Kepala Unit Audit                   Bernardus Wenzel Gunardi, as the Head of the Internal
      Internal memiliki kualifikasi atau sertifikasi sebagai               Audit Unit, holds professional qualifications and
      profesi audit internal melalui sertifikasi profesi yang              certification in the internal audit profession through the
      dimiliki, yaitu IIAP (Indonesia Internal Audit Practitioner).        Indonesia Internal Audit Practitioner (IIAP) certification.

      Pelatihan, Pendidikan, dan                                           Training, Education, and Competency
      Peningkatan Kompetensi Unit Audit                                    Development of the Internal Audit Unit
      Internal

      Sepanjang tahun 2025, Unit Audit Internal telah mengikuti            Throughout 2025, the Internal Audit Unit participated in
      workshop/pelatihan/seminar      guna       meningkatkan              various workshops, training programs, and seminars to
      kompetensinya, antara lain:                                          enhance its competencies, including:


                                          Materi Pendidikan dan
                   Nama                         Pelatihan                      Tempat dan Waktu                Penyelenggara
                   Name                   Education and Training                Venue and Time                   Organizer
                                                 Material
                                       Workshop implementasi internal
                                       control over financial reporting   Jakarta, 15-16 Oktober 2025
       Bernardus Wenzel Gunardi
                                       (ICOFR)                            October 15–16, 2025


                                       Performing an Effective Quality    Jakarta, 7-8 Juli 2025
       Ferry Hary Trijayanto
                                       Assessment                         July 7–8, 2025
                                                                                                        The Institute of Internal Auditors
                                       Tools for Audit Managers           Jakarta, 20-22 Oktober 2025   (IIA) Indonesia
       Muhammad Reza Pahlevi
                                                                          October 20–22, 2025

       Reynaldi Primaysastra           Tools for Lead Auditors            Jakarta, 10-12 Juni 2025
                                                                          June 10–12, 2025

                                       Fundamentals of Compliance         Jakarta, 29-30 Oktober 2025
       Mitta Audina Lestari
                                       Auditing                           October 29–30, 2025




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

Unit Audit Internal merupakan tim pemeriksa                 The Internal Audit Unit is an independent audit team led
independen yang dipimpin oleh seorang Kepala Audit          by a Head of Internal Audit, who is appointed, dismissed,
Internal yang diangkat, diberhentikan dan bertanggung       and directly accountable to the President Director with
jawab langsung kepada Direktur Utama atas persetujuan       the approval of the Board of Commissioners. In carrying
Dewan Komisaris. Kepala Audit Internal dalam                out his or her duties, the Head of Internal Audit is
pelaksanaan tugasnya dibantu oleh Unit Audit Internal.      supported by the Internal Audit Unit. The structure of the
Adapun struktur Unit Audit Internal di Perseroan adalah     Company’s Internal Audit Unit is as follows:
sebagai berikut:



                        Struktur Organisasi Departemen Internal Audit Tahun 2025
                        Organizational Structure of the Internal Audit Department 2025


                                                   Direktur Utama
                                                  President Director


                                                  DH Internal Audit
                                                    Internal Audit
                                                  Department Head

                         Quality Control
                            Auditor
                         Quality Control
                            Auditor




                            Internal Audit                                  Manajemen Risiko
                            Internal Audit                                  Risk Management




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

      Ruang lingkup pekerjaan Unit Audit Internal adalah       The scope of work of the Internal Audit Unit includes
      melakukan audit pada seluruh aspek kegiatan Perseroan    conducting audits on all aspects of the Company’s
      yang secara langsung maupun tidak langsung               activities that may directly or indirectly affect the
      diperkirakan dapat mempengaruhi terselenggaranya         Company’s operations and the interests of the Company,
      operasional dan kepentingan Perseroan, para              its shareholders, and other stakeholders. In carrying out
      pemegang saham, serta pemangku kepentingan.              audits, the activities include not only examinations and
      Dalam pelaksanaan audit, selain meliputi pemeriksaan     assessments of compliance with applicable standards,
      dan penilaian atas kesesuaian dengan standar, juga       but also evaluations of the effectiveness of the
      mencakup efektivitas struktur pengendalian internal      Company’s internal control structure, thereby supporting
      Perseroan sehingga mampu menunjang analisis              optimal analysis to assist management in the decision-
      yang optimal dalam membantu proses pengambilan           making process.
      keputusan oleh manajemen.

      Sesuai dengan Piagam Audit Internal, tugas dan           In accordance with the Internal Audit Charter, the duties
      tanggung jawab Unit Audit Internal Perseroan secara      and responsibilities of the Company’s Internal Audit Unit
      umum meliputi:                                           generally include:
           1. Menyusun dan melaksanakan rencana Audit                1. Preparing and implementing the Annual Internal
              Internal Tahunan;                                         Audit Plan;
           2. Menguji dan mengevaluasi pelaksanaan                   2. Examining and evaluating the implementation
              pengendalian internal dan sistem pengendalian             of internal controls, the internal control system,
              internal dan sistem manajemen risiko sesuai               and the risk management system in accordance
              dengan kebijakan Perseroan;                               with the Company’s policies;
           3. Melakukan pemeriksaan dan penilaian atas               3. Conducting examinations and assessments
              efisiensi dan efektivitas di bidang keuangan,             of efficiency and effectiveness in the areas
              akuntansi, operasional, sumber daya manusia,              of finance, accounting, operations, human
              pemasaran, teknologi informasi, dan kegiatan              resources, marketing, information technology,
              lainnya;                                                  and other activities;
           4. Memberikan saran perbaikan dan informasi               4. Providing recommendations for improvement
              yang objektif tentang kegiatan yang diperiksa             and objective information regarding the activities
              pada semua tingkat manajemen;                             examined at all levels of management;
           5. Membuat laporan hasil audit dan menyampaikan           5. Preparing audit reports and submitting such
              laporan tersebut kepada Direktur Utama dan                reports to the President Director and the Board
              Dewan Komisaris;                                          of Commissioners;
           6. Memantau, menganalisis, dan melaporkan                 6. Monitoring, analyzing, and reporting on the
              pelaksanaan tindak lanjut perbaikan yang telah            implementation of corrective follow-up actions
              dilaksanakan;                                             that have been carried out;
           7. Bekerjasama dengan Komite Audit;                       7. Cooperating with the Audit Committee;
           8. Menyusun program untuk mengevaluasi mutu               8. Preparing programs to evaluate the quality of
              kegiatan audit internal yang dilakukannya; dan            internal audit activities performed; and
           9. Melakukan pemeriksaan khusus apabila                   9. Conducting special audits when necessary.
              diperlukan.

      Adapun wewenang Unit Audit Internal adalah:              The authorities of the Internal Audit Unit are as follows:
          1. Mengakses seluruh informasi yang relevan               1. To access all information relevant to its duties
             terkait dengan tugas dan fungsinya;                       and functions;
          2. Melakukan komunikasi secara langsung dengan            2. To communicate directly with the Board of
             Direksi, Dewan Komisaris, dan Komite Audit;               Directors, the Board of Commissioners, and the
                                                                       Audit Committee;



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      3. Mengadakan rapat secara berkala dan insidentil              3. To hold regular and incidental meetings with the
         dengan Direksi, Dewan Komisaris, dan Komite                    Board of Directors, the Board of Commissioners,
         Audit; dan                                                     and the Audit Committee; and
      4. Melakukan koordinasi kegiatannya dengan                     4. To coordinate its activities with those of the
         kegiatan auditor eksternal.                                    external auditors.

Piagam Unit Audit Internal                                  Internal Audit Unit Charter

Dalam melaksanakan tugas dan tanggung jawabnya,             In carrying out its duties and responsibilities, the Internal
Unit Audit Internal telah dilengkapi pedoman kerja          Audit Unit is equipped with operational guidelines in the
berupa Piagam Unit Audit Internal yang pertama kali         form of an Internal Audit Unit Charter, which was first
dibentuk pada 19 Oktober 2017. Piagam Unit Audit            established on October 19, 2017. The Internal Audit Unit
Internal telah dievaluasi secara berkala, sesuai dengan     Charter has been periodically reviewed in accordance
peraturan perundang-undangan yang berlaku. Piagam           with applicable laws and regulations. The Charter was
Unit Audit Internal tersebut terakhir telah disempurnakan   last revised and updated on July 1, 2021.
dan diperbaharui pada 1 Juli 2021.

Pelaksanaan Tugas Unit Audit Internal                       Implementation of Internal Audit Unit
pada Tahun 2025                                             Duties in 2025

Audit Internal setiap tahun membuat Perencanaan Audit       Each year, the Internal Audit Unit prepares an Annual Audit
Tahunan yang dibagi secara kuartal. Sepanjang tahun         Plan divided on a quarterly basis. Throughout 2025, the
2025, Unit Audit Internal telah melaksanakan 18 tugas       Internal Audit Unit carried out 18 assignments in fulfilling
dan tanggung jawabnya dalam melakukan pengecekan            its duties and responsibilities, including inspections and
dan monitoring terhadap prosedur dan sistem                 monitoring of internal control procedures and systems in
pengendalian internal dalam Perseroan. Penugasan            the Company. These assignments covered audit, review,
tersebut mencakup kegiatan audit, review, evaluasi,         evaluation, and investigative audit activities. A summary
dan audit investigatif. Ringkasan kegiatan Internal Audit   of Internal Audit activities is as follows:
sebagai berikut:


          Sub Audit                 Audit                Evaluasi            Audit Investigatif            Jumlah
          Sub-Audit                 Audit               Evaluation           Investigative Audit            Total

 Keuangan
                                      5                     -                         -                       5
 Financial

 Operasional
                                      7                     3                         -                       10
 Operational

 Investigasi
                                      -                     -                        3                        3
 Investigation

 Jumlah
                                      12                    3                        3                        18
 Total



Rapat Unit Audit Internal                                   Internal Audit Unit Meetings

Sesuai dengan POJK No. 56/2015, sepanjang tahun             In accordance with POJK No. 56/2015, throughout 2025
2025 Unit Audit Internal telah menyelenggarakan 9           the Internal Audit Unit held 9 meetings with the Board
kali rapat dengan Direksi, Dewan Komisaris dan Komite       of Directors, the Board of Commissioners, and the Audit
Audit.                                                      Committee.




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      Sistem Pengendalian Internal
      Internal Control System

      Perseroan menerapkan Sistem Pengendalian Internal         The Company implements the Internal Control System
      (SPI) secara terstruktur dan berkesinambungan guna        (ICS) in a structured and continuous manner to
      memberikan keyakinan (assurance) kepada pemangku          provide assurance to stakeholders that all systems,
      kepentingan bahwa seluruh sistem, prosedur, kaidah,       procedures, principles, and norms are carried out
      dan norma dijalankan secara tepat, konsisten, dan dapat   properly, consistently, and in an accountable manner.
      dipertanggungjawabkan. SPI Perseroan mengacu pada         The Company’s ICS refers to the framework of the
      kerangka kerja Committee of Sponsoring Organization       Committee of Sponsoring Organizations of the Treadway
      of the Treadway Commissions (COSO) yang mencakup          Commission (COSO), which comprises five main
      lima komponen utama, yaitu lingkungan pengendalian,       components: control environment, risk assessment,
      penilaian risiko, kegiatan pengendalian, informasi dan    control activities, information and communication, and
      komunikasi, serta pemantauan.                             monitoring.

      Pengendalian Keuangan dan Operasional,                    Financial and Operational Control and
      serta Kepatuhan terhadap Peraturan                        Compliance with Applicable Laws and
      Perundang-undangan Lainnya                                Regulations

      Dalam aspek pengendalian keuangan dan operasional,        In terms of financial and operational control, the Company
      Perseroan memastikan pengendalian berjalan efektif        ensures effective control through the implementation
      melalui penerapan Standard Operating Procedure (SOP)      of Standard Operating Procedures (SOPs) governing
      yang mengatur proses pengelolaan dan pengendalian         the management and control of financial reporting,


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                                                                                       Tata Kelola Perusahaan
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laporan keuangan, distribusi, serta pelaksanaan             distribution, and operational activities. To strengthen the
operasional. Untuk memperkuat kualitas pengendalian,        quality of control, the Company conducts mapping and
Perseroan melakukan pemetaan dan identifikasi               identification of procedural needs in risk-prone areas,
kebutuhan prosedur pada area-area berisiko, disertai        accompanied by recommendations for improvement to
rekomendasi penyempurnaan agar prosedur semakin             ensure that procedures are more comprehensive and
lengkap dan selaras dengan aktivitas serta proses bisnis    aligned with ongoing business activities and processes.
yang berjalan.

Efektivitas pengendalian dijaga melalui monitoring dan      The effectiveness of controls is maintained through
evaluasi berkala agar prosedur tetap relevan, berfungsi     periodic monitoring and evaluation to ensure that
dengan baik, dan mampu merespons dinamika                   procedures remain relevant, function properly, and are
operasional. Perseroan juga melakukan evaluasi atas         able to respond to operational dynamics. The Company
keefektifan prosedur yang berlaku untuk memastikan          also evaluates the effectiveness of existing procedures
pengendalian berjalan optimal, serta mendorong              to ensure optimal control implementation and to
perbaikan berkelanjutan (continuous improvement)            consistently encourage continuous improvement.
secara konsisten.

Untuk memastikan SPI diterapkan secara efektif dan          To ensure that the ICS is implemented effectively and
efisien, Manajemen Perseroan menugaskan Unit Audit          efficiently, the Company’s Management assigns the
Internal untuk melakukan pemeriksaan/audit pada             Internal Audit Unit to conduct examinations and audits
fungsi dan divisi tertentu. Ruang lingkup audit internal    of specific functions and divisions. The scope of internal
mencakup aspek keuangan, operasional, kepatuhan,            audits covers financial, operational, compliance, and
dan risiko. Dalam pelaksanaannya, Unit Audit Internal       risk aspects. In carrying out its duties, the Internal Audit
menelaah informasi, melakukan pengujian sesuai              Unit reviews information, performs testing in accordance
standar audit yang berlaku secara umum, serta               with generally accepted audit standards, and ensures
memastikan tidak terjadi penyimpangan terhadap              that there are no deviations from the internal control
sistem pengendalian internal oleh organ maupun unit         system by the Company’s organs or work units. The
kerja Perseroan. Pemeriksaan juga mencakup penilaian        examinations also include assessments of efficiency
atas efisiensi dan efektivitas di berbagai bidang, antara   and effectiveness in various areas, including finance,
lain keuangan, akuntansi, operasional, sumber daya          accounting, operations, human resources, marketing,
manusia, pemasaran, teknologi informasi, dan aktivitas      information technology, and other activities.
lainnya.
Pada aspek kepatuhan terhadap peraturan perundang-          With regard to compliance with applicable laws and
undangan lainnya, Perseroan memandang pengendalian          regulations, the Company views effective control as
yang efektif sebagai pondasi untuk meningkatkan             a foundation for enhancing the reliability of financial
keterandalan     informasi     keuangan,     memperkuat     information, strengthening operational efficiency and
efisiensi dan efektivitas operasional, serta memastikan     effectiveness, and ensuring compliance with prevailing
kepatuhan terhadap hukum dan peraturan yang berlaku.        laws and regulations. The Internal Audit Unit also conducts
Unit Audit Internal turut melaksanakan audit kepatuhan      compliance audits and reviews of the implementation of
(compliance audit/review) atas penerapan kebijakan          the Company’s policies and procedures as part of efforts
dan prosedur Perseroan sebagai bagian dari upaya            to strengthen governance and comprehensive risk
penguatan tata kelola dan pengelolaan risiko secara         management.
menyeluruh.

Tinjauan atas Efektivitas Sistem                            Review of the Effectiveness of the
Pengendalian Internal                                       Internal Control System

Perseroan secara berkala meninjau efektivitas SPI           The Company periodically reviews the effectiveness of
untuk memastikan penerapan prosedur pengendalian            its Internal Control System (ICS) to ensure that financial
keuangan dan operasional berjalan memadai,                  and operational control procedures are adequately
terdokumentasi, serta didukung komunikasi yang efektif      implemented, properly documented, and supported by
dan berkelanjutan di seluruh unit kerja. Penerapan          effective and continuous communication across all work


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      prosedur yang konsisten diharapkan mampu mencegah           units. Consistent implementation of these procedures is
      terjadinya kesalahan, mendeteksi penyimpangan,              expected to prevent errors, detect irregularities, maintain
      menjaga integritas pelaporan keuangan, meningkatkan         the integrity of financial reporting, improve operational
      efisiensi operasional, melindungi aset Perseroan, serta     efficiency, safeguard the Company’s assets, and ensure
      memastikan kepatuhan terhadap peraturan perundang-          compliance with applicable laws and regulations.
      undangan lainnya yang berlaku.

      Evaluasi efektivitas penerapan SPI dilaksanakan             The evaluation of the effectiveness of the ICS is carried
      oleh Unit Audit Internal, sejalan dengan keputusan          out by the Internal Audit Unit, in line with Management’s
      Manajemen untuk melakukan pemeriksaan/audit                 decision to conduct examinations and audits of several
      pada sejumlah fungsi dan divisi guna memastikan SPI         functions and divisions to ensure that the ICS is
      diterapkan secara efektif dan efisien. Sepanjang tahun      implemented effectively and efficiently. Throughout
      2025, Unit Audit Internal menjalankan rangkaian aktivitas   2025, the Internal Audit Unit conducted a series of
      pengecekan, monitoring, audit, review, evaluasi, serta      inspection, monitoring, audit, review, evaluation,
      audit investigatif atas prosedur dan sistem pengendalian    and investigative audit activities on internal control
      internal sesuai ketentuan yang berlaku. Pada periode ini,   procedures and systems in accordance with applicable
      Unit Audit Internal menghasilkan 18 laporan hasil audit,    regulations. During this period, the Internal Audit Unit
      yang terdiri dari 5 audit keuangan, 10 audit operasional,   issued 18 audit reports, consisting of 5 financial audits,
      dan 3 audit investigatif.                                   10 operational audits, and 3 investigative audits.

      Berdasarkan hasil evaluasi tersebut, Perseroan              Based on the results of the evaluation, the Company
      menyimpulkan bahwa SPI yang diterapkan telah                concluded that the ICS implemented was in accordance
      sesuai dengan kebutuhan pada tahun 2025. Keyakinan          with the Company’s needs in 2025. This conclusion
      ini ditopang oleh lingkungan pengendalian yang              is supported by a conducive control environment,
      mendukung, pengelolaan risiko yang berkesinambungan,        sustainable risk management, adequate standard
      perangkat SOP yang memadai, dukungan sumber                 operating procedures, competent human resources,
      daya manusia yang kompeten, sistem informasi dan            reliable information and technology systems, and
      teknologi yang andal, serta fungsi pengawasan yang          effective supervisory functions. The Company believes
      berjalan baik. Perseroan meyakini penguatan SPI secara      that the consistent strengthening of the ICS will continue
      konsisten akan terus mendukung perbaikan operasional        to support continuous operational improvement.
      berkelanjutan.

      Pernyataan Direksi dan/atau Dewan                           Statement of the Board of Directors
      Komisaris Atas Kecukupan Sistem                             and/or Board of Commissioners on
      Pengendalian Internal                                       the Adequacy of the Internal Control
                                                                  System

      Melalui evaluasi dan tinjauan yang telah dilakukan          Based on the evaluations and reviews conducted as
      sebagaimana dijelaskan di atas, Direksi dan Dewan           described above, the Board of Directors and the Board
      Komisaris menyatakan bahwa SPI yang diterapkan di           of Commissioners state that the Internal Control System
      Perseroan telah sesuai dengan kebutuhan Perseroan.          implemented by the Company is adequate and in
                                                                  accordance with the Company’s needs.




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                                                          Sistem Manajemen Risiko
                                                                     Risk Management System

Sejak awal berdiri, Perseroan membangun dan              Since its establishment, the Company has built and
mengembangkan sistem manajemen risiko mengikuti          developed its risk management system in line with
pertumbuhan usaha dan meningkatnya kompleksitas          business growth and increasing operational complexity.
operasional. Sistem ini dijalankan berdasarkan           The system is implemented under the direction of the
arahan Direksi dan berada di bawah pengawasan            Board of Directors and supervised by the Board of
Dewan Komisaris untuk memastikan penerapannya            Commissioners to ensure that it is effective, adequate, and
efektif, memadai, serta selaras dengan karakteristik,    aligned with the Company’s characteristics, complexity,
kompleksitas, dan profil risiko Perseroan. Melalui       and risk profile. Through the consistent application of
penerapan proses manajemen risiko yang konsisten,        risk management processes, the Company seeks to
Perseroan berupaya mengantisipasi berbagai risiko        anticipate various business risks that may have adverse
usaha yang berpotensi menimbulkan dampak negatif         impacts on performance and business continuity.
terhadap kinerja maupun kelangsungan usaha.

Gambaran Umum Sistem Manajemen                           Overview of the Company’s Risk
Risiko Perseroan                                         Management System

Manajemen risiko Perseroan dirancang untuk               The Company’s risk management is designed to both
melindungi nilai (protect value) sekaligus menciptakan   protect value and create value. The main objectives of
nilai (create value). Tujuan utama sistem manajemen      the Company’s risk management system are to:
risiko Perseroan ialah:

1. Mendukung pelaksanaan usaha sesuai maksud dan         1. Support the conduct of business in accordance with
   tujuan Perseroan;                                        the Company’s purposes and objectives;
2. Menyediakan informasi bagi manajemen untuk            2. Provide management with information to enable
   pengambilan keputusan yang tepat dan berbasis            appropriate and risk-based decision-making;
   risiko;
3. Membantu penetapan pencadangan yang memadai           3. Assist in determining adequate provisions to anticipate
   untuk mengantisipasi risiko terukur;                     measurable risks;
4. Meminimalkan potensi kerugian yang lebih besar;       4. Minimize the potential for greater losses; and
   dan
5. Mengidentifikasi serta memaksimalkan peluang yang     5. Identify and maximize opportunities arising from
   muncul dari dinamika bisnis.                             business dynamics.

Untuk memastikan penerapan manajemen risiko yang         To ensure the effective implementation of reliable risk
andal, Perseroan melakukan penguatan pada beberapa       management, the Company has strengthened several
aspek yaitu:                                             aspects, namely:

1. Pengawasan aktif oleh Dewan Komisaris dan Direksi;    1. Active oversight by the Board of Commissioners and
                                                            the Board of Directors;
2. Penetapan dan pengembangan secara terus menerus       2. Continuous establishment and development of clear
   atas kebijakan serta prosedur manajemen risiko yang      and comprehensive risk management policies and
   jelas dan menyeluruh; dan                                procedures; and
3. Pengawasan agar proses identifikasi pengukuran        3. Supervision to ensure that risk identification,
   dan pemantauan, dan pengendalian risiko dijalankan       measurement, monitoring, and control processes are
   sesuai dengan perkembangan usaha dan peraturan           carried out in line with business developments and
   perundang-undangan yang berlaku.                         applicable laws and regulations.




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      Teknisi Moratelindo Melakukan Pemeliharaan Kabel Serat Optik
      Moratelindo Technicians Conducting Fiber Optic Cable Maintenance




      Jenis Risiko dan Cara Pengelolaannya                               Types of Risks and Risk Management

      1. Risiko Operasional                                              1. Operational Risk

      a. Risiko Gangguan Jaringan Kabel Serat Optik                      a. Risk of Fiber Optic Cable Network Disruption
         Jaringan Kabel Serat Optik yang merupakan                          The Fiber Optic Cable Network, which serves as the
         infrastruktur utama lini bisnis Perseroan menjadi                  core infrastructure of the Company’s business lines,
         risiko operasional utama yang harus diperhatikan oleh              constitutes a primary operational risk that must be
         Perseroan. Jaringan Kabel Serat Optik yang terdiri dari            carefully managed. The network consists of terrestrial
         kabel darat dan laut yang terbentang melalui pulau-                and submarine cables spanning islands and seas, and
         pulau dan lautan memiliki risiko berupa terputusnya                is exposed to risks of cable disconnection caused by,
         kabel serat tersebut, yang dapat disebabkan oleh                   among others, ship anchors, illegal seabed mining,
         beberapa hal, antara lain terkena jangkar kapal,                   crossings of submarine pipelines or utility networks,
         penambangan bawah laut secara ilegal, perlintasan                  natural disasters, onshore construction activities,
         pipa-pipa/jaringan utilitas bawah laut, bencana alam,              installation of new utility networks by third parties in
         konstruksi di darat, pemasangan jaringan utilitas baru             the same locations, and theft.
         di tempat yang sama oleh pihak ketiga dan pencurian.

         Mitigasi Risiko                                                    Mitigation Measures
         Pada tahap perencanaan kabel laut, Perseroan                       At the submarine cable planning stage, the Company
         melibatkan perusahaan perencana yang telah memiliki                engages experienced planning firms that possess
         data sekunder dan historical data untuk melakukan                  secondary and historical data to conduct desktop
         desktop study, mulai dari pemilihan jalur yang                     studies, covering route selection through to landing
         direncanakan hingga landing station. Pemilihan jalur               stations. Route selection takes into account earthquake
         dilakukan dengan memperhatikan potensi gempa, lalu                 potential, vessel traffic, existing utility infrastructure
         lintas kapal, jaringan infrastruktur utilitas yang ada,            networks, coral reefs, conservation areas, fishing
         karang, area konservasi, bagan nelayan, kemiringan                 charts, seabed slopes, and other potential risk
         (slove), dan hal lain yang berpotensi menjadi risiko.              factors. Based on the desktop study, a marine survey
         Berdasarkan desktop study tersebut, dilakukan                      is conducted to ensure seabed conditions align with
         marine survey untuk memastikan data permukaan                      the study results. The marine survey outcomes then
         laut sesuai dengan desktop study. Selanjutnya, hasil               form the basis for determining the final route, landing
         marine survey dijadikan dasar rencana jalur, landing               stations, and types of submarine cables to be used.
         station serta jenis kabel laut yang akan digunakan.


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  Kemudian dalam setiap pengoperasian Jaringan                  During the operation of the Fiber Optic Cable Network,
  Kabel Serat Optik, Perseroan juga melakukan                   the Company implements all required risk mitigation
  setiap tahapan dan tindakan mitigasi risiko yang              stages and actions. The Company has established a
  dibutuhkan. Perseroan telah memiliki sistem real              real-time monitoring system that enables immediate
  time monitoring terhadap Jaringan Kabel Serat Optik           detection of network disturbances. Overall network
  sehingga gangguan Jaringan Kabel Serat Optik dapat            conditions are monitored through the Company’s
  terdeteksi secara real time. Kondisi seluruh jaringan         Network Operation Centre (NOC). The Company also
  juga terpantau karena Perseroan telah membangun               cooperates with partners responsible for preventive
  Network Operation Centre (NOC). Perseroan juga                and corrective maintenance under the supervision of
  bekerja sama dengan mitra kerja yang melakukan                the Field Operation Centre (FOC). In addition, partners
  perbaikan preventif dan korektif yang diawasi satuan          are required to conduct online monitoring at locations
  kerja Field Operation Centre (FOC). Di samping itu mitra      considered high risk. Where higher risk is identified
  kerja diwajibkan melakukan monitor secara online di           based on historical data and current conditions,
  setiap lokasi yang dianggap berisiko. Apabila di lokasi       periodic patrols are mandatory.
  tertentu terdapat risiko yang lebih tinggi berdasarkan
  historical data dan situasi terkini, maka mitra kerja
  diwajibkan melakukan patroli secara berkala.

  Selain itu, Perseroan juga senantiasa berupaya                Furthermore, the Company continuously pursues
  melakukan inovasi dalam rangka perkembangan                   technological innovation to enhance network reliability.
  teknologi terbaru untuk meningkatkan keandalan                Closer cooperation with relevant stakeholders,
  jaringan. Kerjasama yang lebih erat dengan berbagai           including regulators and local communities, is also
  pihak terkait, seperti regulator dan masyarakat, juga         essential to reducing risks arising from external
  sangat krusial untuk mengurangi risiko gangguan               factors.
  yang berasal dari faktor eksternal.

b. Risiko Perizinan                                          b. Licensing Risk
   Dalam menjalankan kegiatan usahanya, Perseroan               In carrying out its business activities, the Company
   senantiasa memenuhi perizinan yang dibutuhkan                consistently fulfills all required licenses in accordance
   sesuai dengan jenis kegiatan usahanya tersebut.              with the nature of its operations. Changes in laws
   Perubahan peraturan dan ketentuan perundangan-               and regulations may require the Company to adjust
   perundangan terkadang menuntut Perseroan untuk               existing licenses. If licenses underlying the Company’s
   menyesuaikan izin-izin yang diperoleh. Apabila               operations become invalid, this may adversely affect
   perizinan yang menjadi dasar pelaksanaan pekerjaan           business continuity.
   Perseroan menjadi tidak berlaku, maka akan
   berdampak terhadap kelangsungan kegiatan usaha
   Perseroan.

  Mitigasi Risiko                                               Mitigation Measures
  Perseroan selalu menerapkan prinsip kehati-hatian,            The Company consistently applies the prudence
  mematuhi peraturan perundangan yang berlaku,                  principle, complies with applicable laws and
  melakukan pemantauan berkala atas jenis-jenis                 regulations, conducts regular monitoring of licenses
  perizinan yang menjadi kewajiban Perseroan, serta             required for its operations, and renews licenses
  melakukan pembaruan izin-izin yang akan habis                 approaching expiration to ensure optimal continuity of
  masa berlakunya untuk memastikan kegiatan usaha               business activities.
  dapat berjalan optimal.

c. Risiko Persaingan Usaha                                   c. Business Competition Risk
   Pertumbuhan dan prospek pembangunan ekonomi di               Economic growth and development prospects in
   Indonesia turut meningkatkan intensitas persaingan           Indonesia have increased competitive intensity in
   di industri jasa telekomunikasi dan infrastruktur            the telecommunications services and supporting
   pendukung. Bertambahnya pelaku usaha membuka                 infrastructure industry. The growing number of


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         peluang bagi kompetitor untuk menawarkan harga               industry players enables competitors to offer more
         yang lebih kompetitif sehingga berpotensi menekan            competitive pricing, potentially exerting pressure on
         permintaan atas layanan Perseroan. Selain aspek              demand for the Company’s services. Beyond pricing,
         harga, pesaing juga dapat memperkuat posisi melalui          competitors may also strengthen their market position
         peningkatan kualitas layanan dengan tarif yang tetap         by enhancing service quality while maintaining
         sejalan dengan harga pasar.                                  market-aligned pricing.

         Mitigasi Risiko                                              Mitigation Measures
         Perseroan memastikan keandalan layanan dan                   The Company ensures consistent service reliability
         kualitas produk secara konsisten, disertai pelayanan         and product quality, supported by excellent customer
         prima sebagai strategi menghadapi persaingan usaha.          service as a core competitive strategy. By maintaining
         Dengan memastikan setiap layanan tetap dalam kondisi         optimal service performance and delivering a
         terbaik dan memberikan pengalaman pelanggan yang             satisfying customer experience amid market price
         memuaskan di tengah variasi harga pasar, Perseroan           variations, the Company remains confident in
         optimis tetap menjadi pilihan utama pelanggan.               sustaining its position as a preferred service provider.

      d. Risiko Perubahan Teknologi Transmisi                       d. Transmission Technology Change Risk
         Perkembangan teknologi transmisi kabel di industri            Transmission technology in the telecommunications
         telekomunikasi berlangsung sangat dinamis, mulai              industry continues to evolve rapidly, from copper
         dari penggunaan kabel tembaga, beralih ke Hybrid              cables to Hybrid Fiber Coaxial (HFC), and now
         Fiber Coaxial (HFC), hingga kini didominasi kabel serat       predominantly fiber optic technology. The Company
         optik. Perseroan telah mengadopsi teknologi serat optik       has adopted fiber optic technology in its network
         dalam pembangunan jaringan.                                   development.

         Mitigasi Risiko                                              Mitigation Measures
         Perseroan secara aktif memantau dan mengidentifikasi         The Company actively monitors and identifies relevant
         perkembangan teknologi yang relevan, serta                   technological developments and ensures resource
         memastikan kesiapan sumber daya melalui langkah-             readiness through strategic initiatives to enable
         langkah strategis agar dapat beradaptasi cepat dan           rapid adaptation and implementation of technologies
         mengimplementasikan teknologi yang aplikatif bagi            applicable to the Company’s business.
         bisnis Perseroan.

      2. Risiko Keuangan                                            2. Financial Risk

      a. Risiko Makroekonomi                                        a. Macroeconomic Risk
         Perseroan menghadapi risiko makroekonomi yang                 The Company faces macroeconomic risks arising
         bersumber dari ketidakstabilan ekonomi global,                from global economic instability, including potential
         seperti potensi resesi, tekanan inflasi, perubahan            recession, inflationary pressures, policy changes, and
         kebijakan, serta fluktuasi nilai tukar. Kondisi tersebut      foreign exchange fluctuations. These conditions may
         dapat memengaruhi biaya operasional, perencanaan              affect operational costs, investment planning, and
         investasi, dan pada akhirnya berdampak pada kinerja           ultimately the Company’s performance.
         Perseroan.

         Mitigasi Risiko                                              Mitigation Measures
         Perseroan tetap fokus memaksimalkan seluruh                  The Company remains focused on optimizing all
         sumber daya yang dimiliki guna menjaga keberlanjutan         available resources to maintain service continuity
         dan kualitas penyediaan layanan. Perseroan juga              and quality. The Company also adopts innovative
         menempuh langkah-langkah inovatif dan adaptif dalam          and adaptive strategies in responding to external
         menyesuaikan strategi bisnis terhadap perkembangan           developments, enabling macroeconomic risks to be
         eksternal, sehingga dampak risiko makroekonomi               managed without significantly disrupting operations.
         dapat dikelola dan tidak berpengaruh signifikan
         terhadap operasional Perseroan.


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                                                                                         Tata Kelola Perusahaan
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b. Risiko Tingkat Suku Bunga                                  b. Interest Rate Risk
   Perseroan menghadapi risiko tingkat suku bunga                The Company is exposed to interest rate risk in the
   berupa potensi fluktuasi nilai wajar dan arus kas             form of potential fluctuations in fair value and future
   masa depan akibat perubahan suku bunga pasar,                 cash flows resulting from changes in market interest
   khususnya yang berasal dari fasilitas utang bank.             rates, particularly those associated with bank loan
   Perubahan suku bunga dapat berdampak pada                     facilities. Interest rate changes may affect interest
   besaran beban bunga dan proyeksi arus kas                     expenses and projected cash flows.
   Perseroan.

   Mitigasi Risiko                                               Mitigation Measures
   Perseroan mengelola beban bunga melalui                       The Company manages interest expenses through
   pengaturan struktur pendanaan, termasuk kombinasi             funding structure arrangements, including the use
   utang dengan suku bunga variabel sesuai kebutuhan.            of variable interest rate debt where appropriate.
   Manajemen juga melakukan evaluasi berkala                     Management conducts regular evaluations of the
   atas perbandingan tingkat suku bunga Perseroan                Company’s interest rate levels against market
   terhadap pergerakan suku bunga pasar, serta                   movements and reviews financing offers from
   menelaah penawaran suku bunga dari kreditur                   creditors to secure the most competitive funding
   untuk memperoleh skema pembiayaan yang paling                 schemes prior to entering into debt commitments.
   kompetitif sebelum mengambil keputusan perikatan
   utang.

3. Risiko Kepatuhan dan Hukum                                 3. Compliance and Legal Risk

a. Risiko Kebijakan atau Peraturan Pemerintah                 a. Government Policy or Regulatory Risk
   Perubahan kebijakan atau peraturan pemerintah                 Changes in government policies or regulations may
   berpotensi memberikan dampak material terhadap                have a material impact on the Company’s operational
   kegiatan operasional.                                         activities.

   Mitigasi Risiko                                               Mitigation Measures
   Perseroan secara proaktif memantau perkembangan               The Company proactively monitors relevant
   regulasi yang relevan secara berkala. Apabila terdapat        regulatory developments on a regular basis. When
   perubahan, Perseroan melakukan identifikasi dan               changes occur, the Company conducts further risk
   penilaian risiko lebih lanjut untuk menetapkan langkah        identification and assessment to determine the most
   penyesuaian yang paling tepat.                                appropriate adjustment measures.

b. Risiko Tuntutan atau Gugatan Hukum                         b. Legal Claims or Lawsuit Risk
   Dalam menjalankan kegiatan usahanya, Perseroan tak            In conducting its business activities, the Company
   lepas dari risiko tuntutan atau gugatan hukum dari pihak      may face risks of legal claims or lawsuits from external
   eksternal, termasuk pelanggan, pemasok, kreditur,             parties, including customers, suppliers, creditors,
   pemegang saham, pemerintah, maupun masyarakat.                shareholders, government authorities, or the public.

   Mitigasi Risiko                                               Mitigation Measures
   Perseroan memastikan seluruh kegiatan usaha                   The Company ensures that all business activities are
   dijalankan sesuai ketentuan perjanjian yang berlaku           carried out in accordance with applicable agreements
   serta mematuhi peraturan perundang-undangan                   and relevant laws and regulations, thereby minimizing
   yang relevan. Dengan begitu, potensi sengketa dan             the potential for disputes and their impact on the
   dampaknya terhadap Perseroan dapat diminimalkan.              Company.




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      4. Risiko Reputasi                                          4. Reputational Risk

      a. Risiko Reputasi Perseroan                                a. Company Reputation Risk
         Risiko reputasi muncul ketika tingkat kepercayaan           Reputational risk arises when stakeholder trust
         pemangku kepentingan menurun akibat persepsi                declines due to negative perceptions of the Company’s
         negatif terhadap aktivitas Perseroan, yang dapat            activities, potentially damaging the Company’s image
         merugikan citra Perseroan dan memperluas eksposur           and increasing exposure to broader social scrutiny.
         terhadap penilaian sosial yang lebih luas.

         Mitigasi Risiko                                            Mitigation Measures
         Perseroan berkoordinasi secara aktif dengan seluruh        The Company actively coordinates with all divisions
         divisi dalam mengidentifikasi serta memitigasi potensi     to identify and mitigate potential reputational risks
         risiko reputasi yang berasal dari operasional, produk,     arising from operations, products, or services. The
         maupun layanan. Perseroan juga menjaga hubungan            Company also maintains constructive relationships
         yang konstruktif dengan media massa dan penggiat           with mass media and social media practitioners as
         media sosial sebagai pemangku kepentingan                  strategic stakeholders in shaping public opinion.
         strategis dalam pembentukan opini publik.

      5. Risiko Keamanan Informasi                                5. Information Security Risk

      a. Risiko Keamanan Data                                     a. Data Security Risk
         Perseroan menghadapi risiko keamanan data                   The Company faces data security risks arising from
         yang dapat timbul akibat kegagalan maupun                   failures or misuse of information technology. These
         penyalahgunaan     teknologi    informasi.   Risiko         risks may negatively affect business continuity and
         ini berpotensi berdampak negatif terhadap                   operations, including risks related to IT asset or
         kelangsungan bisnis dan operasional, termasuk risiko        infrastructure failure, information security breaches,
         kegagalan aset atau infrastruktur TI, pelanggaran           and data misuse.
         keamanan informasi, serta penyalahgunaan data.

         Mitigasi Risiko                                            Mitigation Measures
         Perseroan mengembangkan dan menerapkan                     The Company develops and implements technology
         tata kelola risiko teknologi yang didasarkan pada          risk governance based on a comprehensive
         pemahaman menyeluruh atas adopsi teknologi serta           understanding of technology adoption and risk
         prinsip-prinsip manajemen risiko. Perseroan juga           management principles. The Company also
         memperkuat kesadaran dan peran aktif seluruh               strengthens awareness and active participation of all
         karyawan melalui program sosialisasi dan pelatihan         employees through regular socialization and training
         rutin. Selain itu, Perseroan secara proaktif melakukan     programs. In addition, the Company proactively
         pemantauan dan penilaian atas indikator serta              monitors and evaluates key risk indicators and
         parameter risiko utama guna memastikan penerapan           parameters to ensure that technology implementation
         teknologi tetap aman, terkendali, dan selaras dengan       remains secure, controlled, and aligned with the
         strategi Perseroan.                                        Company’s strategic objectives.

      Tinjauan atas Efektivitas Sistem                            Review of the Effectiveness of the
      Manajemen Risiko Perseroan                                  Company’s Risk Management System

      Perseroan telah meninjau berbagai inisiatif penguatan       The Company reviewed various initiatives to strengthen
      sistem manajemen risiko sepanjang tahun 2025.               its risk management system throughout 2025. Based on
      Berdasarkan tinjauan tersebut, sistem manajemen risiko      this review, the risk management system was deemed
      dinilai telah berjalan efektif dalam mengidentifikasi,      to have operated effectively in identifying, analyzing,
      menganalisis, memitigasi, dan memantau risiko yang          mitigating, and monitoring potential risks that could
      berpotensi muncul serta menghambat kelancaran               arise and hinder the smooth execution of the Company’s
      proses bisnis Perseroan.                                    business processes.


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                                                                                     Tata Kelola Perusahaan
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Pernyataan atas Kecukupan Sistem                          Statement on the Adequacy of the Risk
Manajemen Risiko                                          Management System

Menurut Dewan Komisaris dan Direksi, manajemen            According to the Board of Commissioners and the Board
risiko merupakan proses pemetaan potensi risiko           of Directors, risk management is a process of identifying
serta perumusan strategi pengendaliannya, sekaligus       potential risks and formulating control strategies, while
menjadi katalis dalam implementasi mitigasi di seluruh    also serving as a catalyst for the implementation of
Perseroan. Melalui berbagai aktivitas mitigasi termasuk   mitigation measures throughout the Company. Through
penguatan pemahaman dan kesadaran karyawan                various mitigation activities, including strengthening
terhadap manajemen risiko yang mengacu pada ISO           employees’ understanding and awareness of risk
31000:2018, Dewan Komisaris dan Direksi menilai           management with reference to ISO 31000:2018, the
sistem manajemen risiko Perseroan telah berjalan baik     Board of Commissioners and the Board of Directors
sepanjang tahun 2025. Ke depan, Perseroan akan terus      consider that the Company’s risk management system
meningkatkan pengelolaan risiko melalui pemetaan          operated effectively throughout 2025. Going forward, the
risiko yang lebih terarah guna mendukung pencapaian       Company will continue to enhance its risk management
tujuan usaha.                                             by implementing more focused risk mapping to support
                                                          the achievement of its business objectives.



                                                                                 Perkara Hukum
                                                                                  Legal Proceedings

Sepanjang tahun 2025, tidak terdapat perkara hukum        Throughout 2025, there were no legal proceedings with
yang berdampak material yang dihadapi oleh Perseroan,     a material impact faced by the Company, its Subsidiaries,
Entitas Anak, anggota Direksi, dan anggota Dewan          members of the Board of Directors, or members of the
Komisaris Perseroan.                                      Board of Commissioners of the Company.



                                                                      Sanksi Administratif
                                                                      Administrative Sanctions

Hingga 31 Desember 2025, tidak ada sanksi administratif   As of December 31, 2025, there were no administrative
maupun sanksi lainnya yang dikenakan Otoritas Jasa        sanctions or other sanctions imposed by the Financial
Keuangan maupun otoritas lainnya kepada Perseroan,        Services Authority (Otoritas Jasa Keuangan) or any other
anggota Dewan Komisaris dan anggota Direksi, yang         authority on the Company, members of the Board of
dapat mempengaruhi secara material kegiatan usaha         Commissioners, or members of the Board of Directors,
dan/atau kelangsungan kegiatan usaha Perusahaan.          that could materially affect the Company’s business
                                                          activities and/or the continuity of its business operations.




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      Kode Etik Perseroan
      Company Code of Ethics

      Perseroan telah menyusun dan menetapkan kode etik         The Company has prepared and established a Code of
      bagi seluruh karyawan Perseroan yang dituangkan           Ethics applicable to all Company employees, which is
      dalam dokumen Pedoman Perilaku PT Mora Telematika         set forth in the Code of Conduct of PT Mora Telematika
      Indonesia Tbk (“Pedoman Perilaku”).                       Indonesia Tbk (“Code of Conduct”).

      Tujuan Pedoman Perilaku                                   Purpose of the Code of Conduct

      Pedoman Perilaku merupakan peraturan yang                 The Code of Conduct is a regulation established by the
      ditetapkan oleh Perseroan yang wajib dipatuhi oleh        Company that must be complied with by all Company
      seluruh karyawan Perseroan dengan tujuan:                 employees, with the following objectives:
         1. Melembagakan nilai nilai yang dijunjung tinggi        1. To institutionalize the values upheld by the
            oleh insan Perseroan;                                    Company’s personnel;
         2. Meningkatkan akuntabilitas dan transparansi;          2. To enhance accountability and transparency;
         3. Meningkatkan kepatuhan terhadap peraturan             3. To improve compliance with applicable laws and
            perundang-undangan yang berlaku.                         regulations.

      Kebijakan Perseroan                                       Company Policy

      Pedoman perilaku berlaku bagi seluruh karyawan            The Code of Conduct applies to all Company employees
      Perseroan     tanpa  kecuali.   Setiap  pelanggaran       without exception. Any violation of the Code of Conduct
      terhadap Pedoman Perilaku ini akan dikenakan sanksi       will be subject to disciplinary sanctions, which may
      ketidakdisiplinan, termasuk dapat menyebabkan             include termination of employment by the Company.
      pemutusan hubungan kerja karyawan oleh Perseroan.         Detailed rules regarding employee discipline are set forth
      Aturan rinci tentang kedisiplinan karyawan terdapat       in the Disciplinary Action Policy Guidelines.
      dalam Pedoman Kebijakan Tindakan Disiplin.

      Pokok-pokok Pedoman Perilaku                              Key Principles of the Code of Conduct
      1. Integritas                                             1. Integrity
         Setiap karyawan harus memberikan jasa jasa                Every employee must provide professional services
         profesional yang dilandasi dengan kejujuran dan           based on honesty and integrity.
         integritas.
      2. Hadiah dan Bentuk Pemberian Lainnya                    2. Gifts and Other Forms of Benefits
         Karyawan dilarang meminta atau menerima hadiah/           Employees are prohibited from requesting or accepting
         pemberian dalam bentuk apapun yang dapat                  gifts or benefits in any form that may create a conflict
         menimbulkan benturan kepentingan. Setiap hadiah           of interest. All gifts must be reported and handed over
         wajib dilaporkan dan diserahkan kepada Divisi Human       to the Human Resources & General Affairs Division.
         Resources & General Affair.
      3. Benturan Kepentingan                                   3. Conflict of Interest
         Karyawan      wajib   menghindari    situasi    yang      Employees are required to avoid situations that
         menempatkan kepentingan pribadi/keluarga di atas          place personal or family interests above the interests
         kepentingan Perseroan. Termasuk larangan memiliki         of the Company. This includes a prohibition on
         kepentingan usaha dengan pihak yang berhubungan           having business interests with parties related to the
         dengan Perseroan. Benturan kepentingan harus              Company. Any conflict of interest must be reported
         dilaporkan kepada Divisi Human Resources & General        to the Human Resources & General Affairs Division to
         Affair untuk mendapatkan persetujuan dari Direksi.        obtain approval from the Board of Directors.
      4. Sumber Daya Manusia                                    4. Human Resources
         Perseroan memperlakukan seluruh karyawan secara           The Company treats all employees fairly without
         adil tanpa diskriminasi. Komentar destruktif yang         discrimination. Destructive comments that are harmful,
         merugikan, mencela, atau merusak suasana kerja            demeaning, or disruptive to the work environment are
         dilarang.                                                 prohibited.




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                                                                                     Tata Kelola Perusahaan
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5. Kerahasiaan Informasi                                   5. Confidentiality of Information
   Karyawan wajib menjaga informasi rahasia                   Employees are required to safeguard the Company’s
   Perseroan, termasuk data bisnis, desain, strategi,         confidential information, including business data,
   dan rahasia dagang. Kewajiban menjaga kerahasiaan          designs, strategies, and trade secrets. The obligation
   berlaku tanpa batas waktu, termasuk setelah tidak          to maintain confidentiality applies indefinitely,
   bekerja di Perseroan. Karyawan untuk level assistant       including after employment with the Company has
   manager ke atas tidak diperkenankan pindah ke              ended. Employees at the assistant manager level
   perusahaan lain yang mempunyai bidang bisnis yang          and above are not permitted to move to another
   sama dengan Perseroan paling sedikit 1 tahun setelah       company operating in the same line of business as the
   keluar dari Perseroan.                                     Company for a minimum period of 1 year after leaving
                                                              the Company.
6. Kekerasan di Tempat Kerja                               6. Workplace Violence
   Karyawan dilarang melakukan kekerasan fisik                Employees are prohibited from engaging in physical or
   maupun mental, termasuk intimidasi.                        mental violence, including intimidation.
7. Minuman Keras dan Narkoba                               7. Alcoholic Beverages and Drugs
   Konsumsi atau peredaran narkoba, minuman keras,            The consumption or distribution of drugs, alcoholic
   atau zat adiktif lainnya di lingkungan kerja dilarang      beverages, or other addictive substances in the
   keras.                                                     workplace is strictly prohibited.
8. Pinjaman Online dan Judi Online                         8. Online Loans and Online Gambling
   Karyawan dilarang mengajukan pinjaman online dan           Employees are prohibited from applying for online
   terlibat dalam praktik judi online.                        loans and engaging in online gambling practices.
9. Penjagaan atas Martabat dan Citra Perseroan             9. Safeguarding the Dignity and Image of the Company
   Tindakan yang berpotensi merusak nama baik atau            Actions that may potentially damage the good name
   citra Perseroan dapat dikenakan sanksi.                    or image of the Company may be subject to sanctions.
10.Pelanggaran atas Ketentuan dalam Pedoman Perilaku       10.Violations of the Code of Conduct
   Pelanggaran dikenakan peringatan lisan atau tertulis       Violations are subject to verbal or written warnings.
   (SP). Pelanggaran berat dapat berujung pada                Serious violations may result in termination of
   PHK sesuai Pasal 52 Peraturan Pemerintah No. 35            employment in accordance with Article 52 of
   Tahun 2021 tentang Ketenagakerjaan dan Peraturan           Government Regulation No. 35 of 2021 on Manpower
   Perusahaan (PP 35/2021). Perusahaan dapat                  and the Company Regulation (PP 35/2021). The
   langsung melakukan Pemutusan Hubungan Kerja                Company may directly terminate employment if an
   (PHK) apabila karyawan melakukan pelanggaran               employee commits an urgent violation as regulated
   yang bersifat mendesak sebagaimana diatur dalam            under Article 52.
   Pasal 52.
11.Pernyataan Kepatuhan Tahunan                            11. Annual Compliance Statement
   Setiap karyawan wajib menandatangani Surat                  Every employee is required to sign an Annual
   Pernyataan Mematuhi Code of Conduct setiap tahun.           Statement of Compliance with the Code of Conduct.

Bentuk Sosialisasi dan Penegakan                           Forms of Socialization and
Kode Etik Perseroan                                        Enforcement of the Company’s Code
                                                           of Ethics

Perseroan selalu melakukan sosialisasi, internalisasi,     The Company continuously conducts socialization,
dan pemantauan atas pelaksanaan Pedoman Perilaku           internalization, and monitoring of the Company’s Code
Perseroan kepada seluruh karyawan dan pejabat dengan       implementation of Conduct for all employees and
tujuan agar setiap individu memahami, mengerti, dan        officers to ensure that each individual understands,
mengimplementasikan Pedoman tersebut. Sosialisasi          comprehends, and implements the Code. Socialization
dan Internalisasi Pedoman Perilaku untuk karyawan baru     and internalization of the Code of Conduct for new
dapat dilakukan melalui E-learning dan On Boarding         employees are carried out through E-learning and On
Training.                                                  Boarding Training.




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      Pernyataan Bahwa Kode Etik                                           Statement on the Applicability of
      Perseroan Berlaku bagi Dewan                                         the Company’s Code of Ethics to the
      Komisaris, Direksi, dan Karyawan                                     Board of Commissioners, the Board of
      Perseroan                                                            Directors, and Employees

      Kode etik berlaku bagi anggota Direksi, anggota                      The Code of Ethics applies to members of the Board of
      Dewan Komisaris maupun karyawan. Oleh karena itu,                    Directors, members of the Board of Commissioners, and
      setiap komponen wajib mematuhi kode etik untuk                       employees. Therefore, all parties are required to comply
      memastikan keadilan dan keseimbangan dapat tercipta                  with the Code of Ethics to ensure fairness and balance
      diantara seluruh pemangku kepentingan meliputi                       among all stakeholders, including employees, customers,
      karyawan, pelanggan, mitra kerja, kreditur, pemerintah               business partners, creditors, the government, and the
      dan komunitas tempat dimana Perseroan beroperasi.                    communities in which the Company operates. As of the
      Pada saat Laporan Tahunan ini dipublikasikan, seluruh                publication of this Annual Report, all members of the
      Dewan Komisaris, Direksi dan segenap karyawan                        Board of Commissioners, the Board of Directors, and all
      telah menandatangani komitmen penerapan Pedoman                      employees have signed a commitment to implement the
      Perilaku.                                                            Code of Conduct.




      Dukungan Moratelindo terhadap keberlanjutan melalui penggunaan kendaraan listrik
      Moratelindo’s
      Annual Reportsupport
                    2025 | for sustainability
                           Laporan   Tahunanthrough
                                              2025 the use of electric vehicles.
198   PT Mora Telematika Indonesia Tbk
Page 199
                                                                                   Tata Kelola Perusahaan
                                                                                    Corporate Governance




                             Kebijakan Kompensasi Jangka Panjang
                                                        Long-term Compensation Policy

Perseroan memiliki kebijakan pemberian kompensasi       The Company has a policy to provide performance-
jangka panjang berbasis kinerja kepada manajemen        based long-term compensation to management and/or
dan/atau karyawan yaitu berupa Program Employee         employees in the form of an Employee Stock Ownership
Stock Ownership Program (ESOP). Perseroan telah         Program (ESOP). The Company implemented the ESOP
melaksanakan Program ESOP ini pada tahun 2022, ketika   in 2022 in connection with its Initial Public Offering. The
Perseroan melaksanakan Penawaran Umum Perdana           implementation of this program was disclosed in the
Saham. Pelaksanaan Program ini telah diungkapkan        Company’s annual report for the previous period. During
Perseroan pada laporan tahunan periode sebelumnya.      2025, the Company did not implement this program.
Selama tahun 2025, Perseroan tidak melaksanakan
program ini.



          Kebijakan Pengungkapan Informasi Mengenai
       Kepemilikan Saham Anggota Direksi dan Anggota
                                    Dewan Komisaris
   Policy on Disclosure of Information Regarding Share Ownership
                         of Members of the Board of Directors and
                                      the Board of Commissioners

Perseroan memiliki kebijakan pelaporan atas setiap      The Company has a reporting policy for every change
perubahan kepemilikan saham Perseroan oleh anggota      in share ownership of the Company by members of the
Direksi dan Dewan Komisaris, sebagaimana diatur dalam   Board of Directors and the Board of Commissioners, as
Kebijakan No. 05/MTI/CORSEC/INT/VIII/2022 tertanggal    stipulated in Policy No. 05/MTI/CORSEC/INT/VIII/2022
9 Agustus 2022.                                         dated August 9, 2022.

Sebagai implementasi kebijakan tersebut, pada 21        As an implementation of this policy, on October 21, 2025
Oktober 2025 Perseroan menyampaikan Keterbukaan         the Company submitted a Disclosure of Information for
Informasi Pemegang Saham Tertentu yang menjelaskan      Certain Shareholders, explaining that Mr. Genta Andhika
bahwa Bapak Genta Andhika Putra selaku Wakil Direktur   Putra, in his capacity as Vice President Director, had
Utama telah menjual seluruh saham Perseroan yang        sold all shares of the Company owned by him. The
dimilikinya. Transaksi tersebut juga telah dilaporkan   transaction was also reported to the Financial Services
kepada Otoritas Jasa Keuangan, dengan pemberian         Authority (Otoritas Jasa Keuangan), with a power of
kuasa kepada Corporate Secretary untuk melakukan        attorney granted to the Corporate Secretary to carry out
pelaporan melalui Surat Perseroan No. 126/MTI/FIN-      the reporting through Company Letter No. 126/MTI/FIN-
DIR/X/2025 tertanggal 22 Oktober 2025.                  DIR/X/2025 dated October 22, 2025.




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      Sistem Pelaporan Pelanggaran
      Whistleblowing System

      Perseroan menyediakan Whistleblowing System (WBS)      The Company provides a Whistleblowing System (WBS)
      sebagai sarana bagi pemangku kepentingan dan           as a channel for stakeholders and the public to report
      masyarakat untuk melaporkan dugaan pelanggaran         suspected violations of the principles of Corporate
      terhadap prinsip Tata Kelola Perusahaan serta nilai-   Governance and the Company’s values. This mechanism
      nilai Perseroan. Mekanisme ini mendukung penegakan     supports the enforcement of integrity and transparency,
      integritas dan transparansi, dengan pelaporan yang     with reports submitted based on accountable evidence
      didasari bukti yang dapat dipertanggungjawabkan        and in good faith for the benefit of the Company. The
      serta dilakukan dengan itikad baik demi kepentingan    objectives of providing the WBS are as follows:
      Perseroan. Adapun tujuan penyediaan WBS adalah
      sebagai berikut:

      1. Mekanisme Pelaporan Langsung                        1. Direct Reporting Mechanism
         Memberikan mekanisme bagi karyawan dan                 To provide a mechanism for employees and other
         pemangku kepentingan lainnya untuk melaporkan          stakeholders to report directly to the Company’s
         secara langsung kepada Komite Penanganan               Violation Handling Committee.
         Pelanggaran Perseroan.
      2. Early Warning System                                2. Early Warning System
         Menyediakan mekanisme deteksi dini sebagai             To provide an early detection mechanism as a
         upaya pencegahan pelanggaran. Sistem ini menjadi       preventive measure against violations. This system
         media penyampaian laporan pengaduan informasi          serves as a medium for submitting important and
         yang penting dan kritis bagi Perseroan, sehingga       critical complaint reports for the Company, thereby
         mendukung penerapan GCG.                               supporting the implementation of Good Corporate
                                                                Governance (GCG).
      3. Pengawasan terhadap Aktivitas                       3. Monitoring of Activities
         Berfungsi sebagai langkah pengawasan terhadap          To function as a monitoring measure of the activities
         aktivitas pemangku kepentingan dan masyarakat,         of stakeholders and the public, with the expectation of
         dengan harapan dapat mencegah terjadinya               preventing the occurrence of violations.
         pelanggaran.
      4. Penanganan Konflik                                  4. Conflict Resolution
         Menjadi sarana yang efektif untuk memfasilitasi        To serve as an effective channel to facilitate the
         kepentingan pemangku kepentingan Perseroan dan         interests of the Company’s stakeholders and the
         masyarakat dalam menangani serta menyelesaikan         public in handling and resolving issues that arise.
         permasalahan yang timbul.

      5. Peningkatan Prinsip-Prinsip Bisnis                  5. Enhancement of Business Principles
         Mendorong Perseroan ke arah yang lebih baik            To encourage the Company toward better practices
         dengan mengutamakan prinsip-prinsip dasar dalam        by prioritizing fundamental principles in business
         mengelola bisnis, seperti keterbukaan informasi,       management, such as transparency, accountability,
         akuntabilitas, tanggung jawab, independensi,           responsibility, independence, fairness, and equity.
         keadilan, dan kewajaran.

      Cara Menyampaikan Laporan                              Procedure for Reporting Violations
      Pelanggaran

      1. Setiap karyawan wajib melaporkan adanya indikasi    1. Every employee is required to report any indication or
         maupun aktivitas pelanggaran terhadap kebijakan        activity of violations of the Company’s policies, as well
         Perseroan, dan indikasi atau dugaan adanya             as any indication or suspicion of deficiencies in the
         defisiensi dalam Sistem Manajemen Anti Fraud           Company’s Anti-Fraud Management System (AFMS).
         (SMAF) Perseroan. Anggota Dewan Komisaris,             Members of the Board of Commissioners, members
         anggota Direksi, Pegawai, Kontraktor, Pemasok          of the Board of Directors, Employees, Contractors,
         (Vendor) atau orang lain yang memiliki hubungan        Suppliers (Vendors), or other parties who have a



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                                                                                      Tata Kelola Perusahaan
                                                                                       Corporate Governance




  bisnis dengan Perseroan, dapat menjadi objek               business relationship with the Company may be the
  pelaporan pengaduan apabila terlibat dalam perilaku        subject of a report if they are involved in the following
  sebagai berikut:                                           conduct:
  a. Perbuatan yang dapat menimbulkan kerugian               a. Acts that may cause financial or non-financial
     finansial maupun non finansial seperti tidak jujur,        losses, such as dishonesty, fraud, or corruption,
     curang atau korup, gratifikasi yang tidak sesuai           including gratification that is not in accordance
     dengan ketentuan Perseroan termasuk suap atau              with Company regulations, bribery, or other related
     kegiatan lainnya;                                          activities;
  b. Aktivitas illegal (seperti pencurian, penjualan,        b. Illegal activities (such as theft, sale of stolen goods,
     kekerasan, pelecehan, diskriminasi atau intimidasi,        violence, harassment, discrimination or intimidation,
     kerusakan pada aset Perseroan);                            and damage to Company assets);
  c. Tidak etis atau melanggar kebijakan Perusahaan          c. Unethical conduct or violations of Company
     (seperti mengubah catatan atau data Perseroan              policies (such as falsifying Company records or
     secara tidak jujur, mengadopsi praktik akuntansi           data, adopting improper accounting practices,
     yang tidak baik atau dengan sengaja melanggar              or deliberately violating the Company’s Code of
     Pedoman Perilaku Perseroan atau prosedur                   Conduct or other procedures);
     lainnya);
  d. Penyalahgunaan wewenang;                                d. Abuse of authority;
  e. Melakukan segala bentuk ketidakwajaran dan              e. Any form of impropriety or other bribery-related
     pelanggaran etika penyuapan lainnya yang                   ethical violations that may potentially damage the
     berpotensi mencemarkan reputasi Perseroan;                 Company’s reputation;
  f. Pelanggaran disipliner (Indisipliner).                  f. Disciplinary violations (indiscipline).

2. Perseroan menerima setiap Pengaduan Pelanggaran         2. The Company accepts all Violation Reports submitted
   yang diajukan oleh pihak internal maupun                   by internal and external parties in writing through the
   pihak eksternal secara tertulis melalui aplikasi           “Whistleblowing System” application.
   “Whistleblowing System”.

  Untuk pemangku kepentingan internal dan eksternal,         For internal and external stakeholders, the
  aplikasi “Whistleblowing System” dapat diakses             “Whistleblowing System” application can be accessed
  melalui:                                                   through:

  a. Web https://wbs.moratelindo.co.id/                      a. Website: https://wbs.moratelindo.co.id/
  b. Email wbs@moratelindo.co.id                             b. Email: wbs@moratelindo.co.id

  Berikut adalah     beberapa    ketentuan    dalam          The following provisions apply to the use of the
  penggunaan aplikasi “Whistleblowing System”:               “Whistleblowing System” application:

  a. Pelapor dapat melakukan Pengaduan Pelanggaran           a. Whistleblowers may submit Violation Reports
     tanpa identitas (anonim);                                  anonymously;
  b. Pelapor    dapat     dilakukan  oleh   pemangku         b. Reports may be submitted by both internal and
     kepentingan      internal    maupun    pemangku            external stakeholders of the Company;
     kepentingan eksternal Perseroan;
  c. Isi Pengaduan harus menjelaskan dengan lengkap          c. The content of the report must clearly and
     dan jelas tentang Pelanggaran yang dilaporkan              comprehensively describe the reported violation
     serta pihak yang diduga sebagai Terlapor;                  and the party suspected as the reported individual;
  d. Pengadu Pelanggaran harus menyampaikan bukti            d. Whistleblowers must submit supporting evidence,
     pendukung, seperti dokumen yang berkaitan                  such as documents related to the relevant
     dengan transaksi atau peristiwa yang dilakukan             transactions or events and/or the reported violation.
     dan/atau Pengaduan Pelanggaran yang akan
     disampaikan.



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      Perlindungan bagi Pelapor                                     Protection for Whistleblowers

      1. Perseroan berkewajiban untuk melindungi Pelapor.           1. The Company is obligated to protect Whistleblowers.
      2. Perlindungan terhadap Pelapor memiliki manfaat atas        2. Protection for Whistleblowers provides assurance of
         kepastian perlakuan terhadap Pelapor serta jaminan            fair treatment and guarantees the confidentiality of
         atas kerahasian Pelapor sehingga mendorong                    the Whistleblower’s identity, thereby encouraging the
         keberanian melaporkan Pelanggaran.                            reporting of Violations.
      3. Pelapor dapat mengadukan apabila mendapatkan               3. Whistleblowers may submit a complaint if they
         balasan berupa tekanan atau ancaman atau tindakan             experience retaliation in the form of pressure, threats,
         balasan lain yang dialaminya. Pengaduan harus                 or any other retaliatory actions. Such complaints must
         disampaikan kepada tim Whistleblowing System (Tim             be submitted to the Whistleblowing System Team
         WBS).                                                         (WBS Team).
      4. Perseroan melindungi Pelapor dari segala bentuk            4. The Company protects Whistleblowers from all forms
         tindakan diskriminasi yang dapat merugikan pelapor.           of discrimination that may harm them.

      Penanganan Pengaduan                                          Complaint Handling

      1. Penerima Pengaduan                                         1. Recipients of Complaints
         a. Perseroan wajib menerima pengaduan dari pihak              a. The Company is required to receive complaints
            internal maupun eksternal.                                    from both internal and external parties.
         b. Perseroan wajib menindaklanjuti Pengaduan                  b. The Company is required to follow up on reports
            Pelanggaran dari Pelapor yang mencantumkan                    of alleged violations submitted by whistleblowers,
            identitas maupun tanpa identitas (anonim) yang                whether identified or anonymous, provided that the
            disertai dengan Bukti Pendukung atas laporan                  report is accompanied by supporting evidence.
            pelanggaran yang disampaikan.
         c. Perseroan memiliki media untuk menerima                    c. The Company provides a channel for receiving
            Pengaduan melalui “Aplikasi Whistleblowing                    complaints through the Whistleblowing System
            System” Tim WBS.                                              Application managed by the WBS Team.

      2. Proses Verifikasi Pengaduan                                2. Complaint Verification Process
         a. Tim WBS Wajib melakukan verifikasi atas laporan            a. The WBS Team is required to verify incoming
            yang masuk dalam waktu 7 hari kepada Pelapor                  reports within 7 days for internal whistleblowers
            (internal) dan 14 hari kepada Pelapor (eksternal)             and within 14 days for external whistleblowers or
            ataupun pihak-pihak terkait.                                  related parties.
         b. Tim WBS dapat meminta Pelapor untuk                        b. The WBS Team may request the whistleblower’s
            bekerjasama memberikan informasi tambahan                     cooperation to provide additional information, with
            sebagai berikut:                                              the following procedures:
            i. Tim WBS akan menghubungi Pelapor melalui                   i. The WBS Team will contact the whistleblower
                 media yang disediakan oleh Perseroan, jika                    through the communication channel provided
                 tidak ada respon dalam 2 hari bagi pelapor                    by the Company. If there is no response within
                 internal dan 4 hari bagi pelapor eksternal, maka              2 days for internal whistleblower and 4 days for
                 Tim WBS akan menghubungi kembali Pelapor                      external whistleblower, the WBS Team will make
                 kedua kalinya.                                                a second attempt to contact the whistleblower.
            ii. Jika dalam waktu 2 hari bagi pelapor internal dan         ii. If there is still no response within the next 2 days
                 4 hari bagi pelapor eksternal berikutnya tidak                for internal whistleblower and 4 days for external
                 ada respon, maka Tim WBS akan menghubungi                     whistleblower, the WBS Team will contact the
                 kembali Pelapor untuk ketiga kalinya.                         whistleblower for the third time.
            iii. Jika dalam waktu 2 hari bagi pelapor internal            iii. If there is still no response within the subsequent
                 dan 4 hari bagi pelapor eksternal berikutnya                  2 days for internal whistleblower and 4 days
                 tetap tidak memberikan respon, maka Tim                       for external whistleblower, the WBS Team will
                 WBS akan melanjutkan ke tahap verifikasi                      proceed to the next verification stage based on
                 selanjutnya dengan informasi awal.                            the initial information received.


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                                                                                    Tata Kelola Perusahaan
                                                                                     Corporate Governance




     iv. Untuk Pelapor anonim, Tim WBS memiliki waktu          iv. For anonymous whistleblowers, the WBS Team
         yang sama untuk proses validasi bukti yang                is given the same time frame to validate the
         diterima.                                                 supporting evidence received.
     v. Hasil verifikasi yang menyatakan bahwa                 v. If the verification results conclude that the
         Pengaduan adalah tidak terbukti maka                      complaint is unsubstantiated, the case shall be
         dinyatakan      ditutup karena tidak    bisa              declared closed as it cannot be followed up.
         ditindaklanjuti.

3. Tim Investigasi melakukan proses investigasi atas     3. The Investigation Team conducts an investigation of
   pengaduan yang diterima dalam waktu maksimal             the complaint within a maximum period of 30 days. If
   30 hari. Bila dipandang perlu, masa kerja ini dapat      deemed necessary, this period may be extended once
   diperpanjang 1 kali 30 hari berikutnya.                  for an additional 30 days.
4. Apabila hasil investigasi menyimpulkan bahwa suatu    4. If the investigation concludes that a violation of
   tindakan pelanggaran peraturan dan etika telah           regulations or ethics has occurred, the Investigation
   terjadi, Tim Investigasi akan merekomendasikan           Team will recommend appropriate disciplinary or
   kepada manajemen untuk mengambil tindakan                corrective actions to management.
   disipliner atau korektif yang sesuai.
5. Hasil investigasi dan rekomendasi dilaporkan kepada   5. The results of the investigation and recommendations
   Ketua Fraud Risk Management (FRM) dan Direksi.           are reported to the Head of Fraud Risk Management
   Pengaduan pelanggaran yang dilakukan oleh Direksi        (FRM) and the Board of Directors. Complaints involving
   dilaporkan kepada Komite Audit.                          members of the Board of Directors are reported to the
                                                            Audit Committee.

Penyimpanan Dokumen                                      Document Retention

Semua dokumen dan lampiran yang berkaitan akan           All related documents and attachments are retained by
disimpan oleh Perseroan selama minimum lima tahun.       the Company for a minimum period of five years.

Perubahan atas Kebijakan Sistem                          Amendments to the Whistleblowing
Pelaporan Pelanggaran                                    System Policy

Perseroan memiliki hak untuk mengubah atau               The Company reserves the right to amend or modify this
memodifikasi dari kebijakan ini. Perubahan tersebut      policy. Any such amendments shall be binding and have
akan mengikat dan memiliki kekuatan mengikat kepada      legal force for all employees once they are announced
seluruh karyawan apabila telah diumumkan secara          in writing.
tertulis.

Pengaduan Pelanggaran Tahun 2025                         Whistleblowing Reports in 2025

Selama tahun 2025, Perseroan menerima 4 pengaduan        Throughout 2025, the Company received 4 reports of
dugaan pelanggaran yang masuk melalui kanal Aplikasi     alleged violations submitted through the Whistleblowing
Whistleblowing System atau langsung dilaporkan           System application or reported directly to the Investigation
kepada Unit Investigasi. Dari 4 laporan yang diterima,   Unit. Of the 4 reports received, all were followed up and
semua laporan sudah ditindaklanjuti dan mendapatkan      resulted in sanctions in accordance with applicable
sanksi sesuai dengan peraturan perusahaan yang           Company regulations. However, these violations were
berlaku. Namun pelanggaran-pelanggaran tidak bersifat    not material in nature and did not disrupt the Company’s
material sehingga tidak berdampak mengganggu             business operations.
jalannya operasional bisnis perseroan.




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      Kebijakan Antikorupsi
      Anti-Corruption Policy

      Program dan Prosedur Antikorupsi,                             Anti-Corruption, Kickbacks, Fraud,
      Balas Jasa (Kickbacks), Fraud, Suap                           Bribery, and/or Gratification Programs
      dan/atau Gratifikasi                                          and Procedures

      Kebijakan dan prosedur terkait Antikorupsi di lingkup         The Company’s anti-corruption policies and procedures
      Perseroan saat ini tertuang di dalam Kode Etik. Di            are currently stipulated in the Code of Ethics. The Code of
      dalamnya dijelaskan larangan untuk meminta atau               Ethics outlines prohibitions against requesting or receiving
      menerima pemberian dari pihak berkepentingan seperti          any form of gratification from interested parties such as
      customer, vendor pekerjaan jasa, vendor pengadaan             customers, service vendors, procurement vendors, and
      barang, dan pihak lain baik dalam bentuk tunai maupun         other parties, whether in cash or other forms, for personal
      lainnya untuk keuntungan pribadi. Kode Etik Perseroan         gain. The Company’s Code of Ethics is signed by all
      ditandatangani oleh setiap karyawan tanpa terkecuali          employees without exception at the beginning of each
      di setiap awal periode tahun. Departemen Human                year. The Human Resources Department, together with
      Resources bersama dengan Direksi dan Dewan Komisaris          the Board of Directors and the Board of Commissioners,
      memastikan kebijakan tersebut berlaku dan dijalankan          ensures that these policies are effectively implemented
      dengan baik. Selain itu, Perseroan memastikan dan             and complied with.vFurthermore, the Company ensures
      mengupayakan peran serta seluruh jajaran Perseroan            and promotes the active participation of all levels of the
      dalam melaksanakan usaha bersih tanpa ada kecurangan          organization in conducting business with integrity, free
      dan praktik-praktik korupsi, kolusi, nepotisme, dan           from fraud and practices of corruption, collusion, and
      pelanggaran atas kode etik dengan mengembangkan               nepotism, as well as violations of the Code of Ethics,
      sistem pelaporan pelanggaran (Whistleblowing System)          through the development of a Whistleblowing System
      yang didasari prinsip transparansi. Perseroan juga            based on the principle of transparency. The Company
      membentuk Whistleblower Policy yang berfungsi                 has also established a Whistleblower Policy that serves as
      sebagai panduan kebijakan dan mekanisme bagi seluruh          guidance on policies and mechanisms for all employees
      karyawan dalam melaporkan setiap perilaku tidak etis,         to report any unethical behavior, whether it has already
      baik yang telah terjadi maupun masih berupa kecurigaan,       occurred or remains in the form of suspicion, fraud, or
      kecurangan, atau pelanggaran Kode Etik Perseroan.             violations of the Company’s Code of Ethics.

      Dalam implementasi Whistleblower Policy, Perseroan            In implementing the Whistleblower Policy, the Company
      memberikan perlindungan kepada Pelapor (whistleblower)        provides protection to whistleblowers, including guarantees
      meliputi jaminan terhadap kerahasiaan identitas Pelapor dan   of confidentiality of the whistleblower’s identity and the
      isi laporan sesuai dengan undang-undang, serta jaminan        contents of the report in accordance with applicable laws,
      keamanan bagi Pelapor dari Perseroan terhadap perlakuan       as well as guarantees of protection from any detrimental
      yang merugikan, seperti Pemutusan Hubungan Kerja yang         treatment by the Company. Such protection includes
      tidak adil, pemindahan tugas, demosi, penolakan promosi,      safeguards against unfair termination of employment, job
      penurunan jabatan atau pangkat, intimidasi, ancaman,          transfer, demotion, denial of promotion, reduction in position
      pelecehan atau diskriminasi dan praktik ketidakadilan di      or rank, intimidation, threats, harassment, discrimination,
      tempat kerja dalam segala bentuk lainnya.                     and any other forms of unfair treatment in the workplace.

      Pelatihan dan Sosialisasi Antikorupsi                         Anti-Corruption Training and
                                                                    Socialization

      Pada tahun 2025 Perseroan menyelenggarakan                    In 2025, the Company conducted 12 Anti-Corruption
      sosialisasi Antikorupsi sebanyak 12 kali dengan tema          socialization sessions under the theme “Strengthening
      “Penguatan Pemahaman dan Implementasi Anti Fraud”.            Understanding and Implementation of Anti-Fraud”.

      Adapun tujuan dari sosialisasi Antikorupsi tersebut adalah    The purpose of these Anti-Corruption sessions was
      untuk mendapatkan pemahaman tentang manajemen                 to enhance understanding of effective anti-bribery
      antipenyuapan yang efektif, dengan menggunakan                management by using a systematic framework to identify
      kerangka kerja sistematis untuk mengidentifikasi risiko       bribery risks and implement controls to manage them.
      penyuapan dan menerapkan kontrol untuk mengelolanya.



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                                                                                                        Tata Kelola Perusahaan
                                                                                                         Corporate Governance




                                          Penerapan atas Pedoman Tata Kelola
                                                         Perusahaan Terbuka
                                                                Implementation of Public Company
                                                                          Governance Guidelines

Dalam memenuhi Peraturan OJK No.21/POJK.04/2015                        In compliance with OJK Regulation No. 21/POJK.04/2015
tentang Penerapan Pedoman Tata Kelola Perusahaan                       concerning the Implementation of Public Company
Terbuka (“Pedoman Tata Kelola OJK”) yang dilakukan                     Corporate Governance Guidelines (the “OJK Governance
melalui pendekatan “terapkan atau jelaskan”, berikut                   Guidelines”), which adopts a “comply or explain” approach,
merupakan penerapan atas rekomendasi Tata Kelola                       the following outlines the Company’s implementation of
OJK dalam Perseroan.                                                   the OJK Corporate Governance recommendations.

A. Hubungan Perseroan Terbuka dengan Pemegang                          A. Relationship between the Public Company and
   Saham dalam Menjamin Hak-Hak Pemegang Saham                            Shareholders in Safeguarding Shareholders’ Rights


                                                                                                                  Penjelasan atas
                                                  Rekomendasi                                                    Rekomendasi OJK
      No
                                                 Recommendation                                                  Explanation of OJK
                                                                                                                  Recommendation

1. Meningkatkan Nilai Penyelenggaraan Rapat Umum Pemegang Saham (RUPS)
   Enhancing the Value of the General Meeting of Shareholders (GMS) Implementation

           Perusahaan Terbuka memiliki cara atau prosedur teknis pengumpulan suara (voting) baik secara
           terbuka maupun tertutup yang mengedepankan independensi, dan kepentingan pemegang
                                                                                                                      Diterapkan
1.1        saham.
                                                                                                                     Implemented
           The Public Company has methods or technical procedures for vote collection (voting), whether
           conducted openly or by ballot, that uphold independence and protect shareholders’ interests

                                                                                                                      Diterapkan
                                                                                                                     Implemented

                                                                                                                    Catatan: Komisaris
                                                                                                                Independen berhalangan
                                                                                                                    hadir dalam RUPS
           Seluruh anggota Direksi dan anggota Dewan Komisaris Perseroan Terbuka hadir dalam RUPS                 Tahunan Tahun Buku
           Tahunan.                                                                                             2025 dikarenakan alasan
1.2
           All members of the Board of Directors and the Board of Commissioners of the Public Company                  kesehatan.
           attend the Annual GMS.                                                                                Note: The Independent
                                                                                                               Commissioner was unable
                                                                                                              to attend the Annual General
                                                                                                                 Meeting of Shareholders
                                                                                                               for Fiscal Year 2025 due to
                                                                                                                      health reason.


           Ringkasan risalah RUPS tersedia dalam Situs Web Perusahaan Terbuka paling sedikit selama 1
           (satu) tahun.                                                                                              Diterapkan
1.3
           A summary of the GMS minutes is available on the Public Company’s website for at least one (1)            Implemented
           year.

2. Meningkatkan Kualitas Komunikasi Perseroan dengan Pemegang Saham atau Investor
   Improving the Quality of Communication between the Company and Shareholders or Investors

           Perusahaan Terbuka memiliki suatu kebijakan komunikasi dengan pemegang saham atau
                                                                                                                      Diterapkan
2.1        investor.
                                                                                                                     Implemented
           The Public Company has a policy on communication with shareholders or investors.

           Perusahaan Terbuka mengungkapkan kebijakan komunikasi Perusahaan Terbuka dengan
           pemegang saham atau investor dalam Situs Web.                                                              Diterapkan
2.2
           The Public Companies disclose their communication policy with shareholders or investors on                Implemented
           their Website.




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Page 206
      B. Fungsi dan Peran Dewan Komisaris                                     B. Functions and Roles of the Board of Commissioners


                                                                                                                     Penjelasan atas
                                                        Rekomendasi                                                 Rekomendasi OJK
         No
                                                       Recommendation                                               Explanation of OJK
                                                                                                                     Recommendation
       3. Memperkuat Keanggotaan dan Komposisi Dewan Komisaris
          Strengthening the Membership and Composition of the Board of Commissioners

                 Penentuan jumlah anggota Dewan Komisaris mempertimbangkan kondisi Perusahaan Terbuka.
                                                                                                                        Diterapkan
       3.1       The determination of the number of members of the Board of Commissioners takes into account
                                                                                                                       Implemented
                 the condition of the Public Company.

                 Penentuan komposisi anggota Dewan Komisaris memperhatikan keragaman keahlian,
                 pengetahuan, dan pengalaman yang dibutuhkan.                                                           Diterapkan
       3.2
                 The determination of the composition of the Board of Commissioners considers the diversity of         Implemented
                 expertise, knowledge, and experience required.

       4. Meningkatkan Kualitas Pelaksanaan Tugas dan Tanggung Jawab Dewan Komisaris
          Improving the Quality of the Performance of Duties and Responsibilities of the Board of Commissioners

                 Dewan Komisaris mempunyai kebijakan penilaian sendiri (self assessment) untuk menilai kinerja
                 Dewan Komisaris.                                                                                       Diterapkan
       4.1
                 The Board of Commissioners has a self-assessment policy to evaluate the performance of the            Implemented
                 Board of Commissioners.

                 Kebijakan penilaian sendiri (self assessment) untuk menilai kinerja Dewan Komisaris, diungkapkan
                 melalui Laporan Tahunan Perusahaan Terbuka.                                                            Diterapkan
       4.2
                 The self-assessment policy for evaluating the performance of the Board of Commissioners is            Implemented
                 disclosed in the Public Company’s Annual Report.

                 Dewan Komisaris mempunyai kebijakan terkait pengunduran diri anggota Dewan Komisaris
                 apabila terlibat dalam kejahatan keuangan.                                                             Diterapkan
       4.3
                 The Board of Commissioners has a policy regarding the resignation of members of the Board of          Implemented
                 Commissioners if involved in financial crimes.

                 Dewan Komisaris atau Komite yang menjalankan fungsi Nominasi dan Remunerasi dan Nominasi
                 menyusun kebijakan suksesi dalam proses Nominasi anggota Direksi.
                                                                                                                        Diterapkan
       4.4       The Board of Commissioners or the Committee performing the Nomination and Remuneration
                                                                                                                       Implemented
                 function prepares a succession policy in the nomination process of members of the Board of
                 Directors.




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                                                                                                         Tata Kelola Perusahaan
                                                                                                          Corporate Governance




C. Fungsi dan Peran Direksi                                              C. Functions and Roles of the Board of Directors


                                                                                                                   Penjelasan atas
                                                   Rekomendasi                                                    Rekomendasi OJK
   No
                                                  Recommendation                                                  Explanation of OJK
                                                                                                                   Recommendation
 5. Memperkuat Keanggotaan dan Komposisi Direksi
    Strengthening the Membership and Composition of the Board of Directors

           Penentuan jumlah anggota Direksi mempertimbangkan kondisi Perusahaan Terbuka serta
           efektifitas dalam pengambilan keputusan.                                                                    Diterapkan
 5.1
           The determination of the number of members of the Board of Directors takes into account the                Implemented
           condition of the Public Company and the effectiveness of decision-making.

           Penentuan komposisi anggota Direksi memperhatikan, keberagaman keahlian, pengetahuan,
           dan pengalaman yang dibutuhkan.                                                                             Diterapkan
 5.2
           The determination of the composition of the Board of Directors considers the diversity of                  Implemented
           expertise, knowledge, and experience required.

           Anggota Direksi yang membawahi bidang akuntansi atau keuangan memiliki keahlian dan/atau
           pengetahuan di bidang akuntansi.                                                                            Diterapkan
 5.3
           Members of the Board of Directors overseeing accounting or finance have expertise and/or                   Implemented
           knowledge in accounting.

 6. Meningkatkan Kualitas Pelaksanaan Tugas dan Tanggung Jawab Direksi
    Improving the Quality of the Performance of Duties and Responsibilities of the Board of Directors

           Direksi mempunyai kebijakan penilaian sendiri (self assessment) untuk menilai kinerja Direksi.
                                                                                                                       Diterapkan
 6.1       The Board of Directors has a self-assessment policy to evaluate the performance of the Board of
                                                                                                                      Implemented
           Directors.

           Kebijakan penilaian sendiri (self assessment) untuk menilai kinerja Direksi diungkapkan melalui
           laporan tahunan Perusahaan Terbuka.                                                                         Diterapkan
 6.2
           The self-assessment policy for evaluating the performance of the Board of Directors is disclosed           Implemented
           in the Public Company’s annual report.

           Direksi mempunyai kebijakan terkait pengunduran diri anggota Direksi apabila terlibat dalam
           kejahatan Keuangan.                                                                                         Diterapkan
 6.3
           The Board of Directors has a policy regarding the resignation of members of the Board of                   Implemented
           Directors if involved in financial crimes.




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Page 208
      D. Partisipasi Pemangku Kepentingan                                       D. Stakeholder Participation


                                                                                                                     Penjelasan atas
                                                          Rekomendasi                                               Rekomendasi OJK
             No
                                                         Recommendation                                             Explanation of OJK
                                                                                                                     Recommendation
       7. Meningkatkan Aspek Tata Kelola Perusahaan melalui Partisipasi Pemangku Kepentingan
          Enhancing Corporate Governance through Stakeholder Participation

                  Perusahaan Terbuka memiliki kebijakan untuk mencegah terjadinya insider trading.                      Diterapkan
       7.1
                  The Public Company has a policy to prevent insider trading.                                          Implemented

                  Perusahaan Terbuka memiliki kebijakan Antikorupsi dan anti-fraud.                                     Diterapkan
       7.2
                  The Public Company has an anti-corruption and anti-fraud policy.                                     Implemented

                  Perusahaan Terbuka memiliki kebijakan tentang seleksi dan peningkatan kemampuan pemasok
                                                                                                                        Diterapkan
       7.3        atau vendor.
                                                                                                                       Implemented
                  The Public Company has a policy on the selection and capacity building of suppliers or vendors.

                  Perusahaan Terbuka memiliki kebijakan tentang pemenuhan hak-hak kreditur.                             Diterapkan
       7.4
                  The Public Company has a policy on the fulfillment of creditors’ rights.                             Implemented

                  Perusahaan Terbuka memiliki kebijakan Whistleblowing.                                                 Diterapkan
       7.5
                  The Public Company has a Whistleblowing policy.                                                      Implemented

                  Perusahaan Terbuka memiliki kebijakan pemberian insentif jangka panjang kepada Direksi dan
                  karyawan.                                                                                             Diterapkan
       7.6
                  The Public Company has a policy on the provision of long-term incentives for the Board of            Implemented
                  Directors and employees.



      E. Keterbukaan Informasi                                                  E. Stakeholder Participation


                                                                                                                     Penjelasan atas
                                                          Rekomendasi                                               Rekomendasi OJK
             No
                                                         Recommendation                                             Explanation of OJK
                                                                                                                     Recommendation
       8. Meningkatkan Pelaksanaan Keterbukaan Informasi
          Enhancing the Implementation of Information Disclosure

                  Perusahaan Terbuka memanfaatkan penggunaan teknologi informasi secara lebih luas selain
                  Situs Web sebagai media keterbukaan informasi.                                                        Diterapkan
       8.1
                  Public Companies utilize information technology more extensively, in addition to websites, as a      Implemented
                  medium for information disclosure.

                  Laporan Tahunan Perusahaan Terbuka mengungkapkan pemilik manfaat akhir dalam
                  kepemilikan saham Perseroan Terbuka paling sedikit 5% (lima persen), selain pengungkapan
                  pemilik manfaat akhir dalam kepemilikan saham Perusahaan Terbuka melalui pemegang saham
                                                                                                                        Diterapkan
       8.2        utama dan pengendali.
                                                                                                                       Implemented
                  The Annual Report of a Public Company discloses the ultimate beneficial owners of at least 5%
                  (five percent) share ownership in the Public Company, in addition to the disclosure of ultimate
                  beneficial owners through major and controlling shareholders.




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Page 209
                                                      Tata Kelola Perusahaan
                                                       Corporate Governance




Komitmen Tim Customer Technician Support
(CTS) Oxygen.id terhadap K3 dalam setiap
operasional.
Customer Technician Support (CTS) Oxygen.id
Team’s commitment to Occupational Health and
Safety (OHS) in every operation.



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Page 210
       06
                                                                   Environmental
      Tanggung Jawab Sosial
      dan Lingkungan
      Social and Environmental
      Responsibility                                               Social and
      Informasi kegiatan kami terkait Tanggung Jawab Sosial
      dan Lingkungan (TJSL) disampaikan pada Laporan
      Keberlanjutan PT Mora Telematika Indonesia Tbk, yang
      diterbitkan dalam buku terpisah dan dalam waktu yang
      bersamaan dengan Laporan Tahunan ini, sejalan dengan
      arahan pada SEOJK No. 16 /SEOJK.04/2021 Tentang
      Bentuk dan Isi Laporan Tahunan Emiten atau Perusahaan
      Publik.

      Information on our activities related to Corporate Social and
      Environmental Responsibility (CSER) is submitted in the
      Sustainability Report of PT Mora Telematika Indonesia Tbk,
      which is published in a separate book and at the same time as
      this Annual Report, and is in line with the directives in SEOJK
      No. 16 /SEOJK.04/2021 Regarding the Form and Content of
      Annual Reports of Issuers or Public Companies.


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Page 211
Responsibility




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Page 212
      Indeks Referensi Silang Surat Edaran OJK
      No.16/SEOJK.04/2021 tentang Bentuk dan Isi
      Laporan Tahunan Emiten atau Perusahaan Publik
      Cross Reference Index of OJK Circular Letter
      No.16/SEOJK.04/2021 concerning the Form and Content of
      Annual Reports of Issuers or Public Companies

           Pasal
                                                                   Pengungkapan                                                   Halaman
          Article
                                                                     Disclosure                                                    Page
       SEOJK 16/2021
       Bentuk Laporan Tahunan
       Format of Annual Report

                           Laporan Tahunan disajikan dalam bentuk dokumen cetak dan salinan dokumen elektronik.
               1
                           Annual Report should be presented in the printed format and in electronic document copy.                   √
                           Laporan Tahunan yang disajikan dalam bentuk dokumen cetak, dicetak pada kertas yang
                           berwarna terang, berkualitas baik, berukuran A4, dijilid, dan dapat diperbanyak dengan kualitas
               2           yang baik.                                                                                                 √
                           The printed version of the Annual Report should be printed on light-colored paper of fine quality,
                           in A4 size, bound and can be reproduced in good quality.

                           Laporan Tahunan dapat menyajikan informasi berupa gambar, grafik, tabel, dan/atau diagram
                           dengan mencantumkan judul dan/atau keterangan yang jelas, sehingga mudah dibaca dan
                           dipahami.
               3
                           The Annual Report may present information in the form of pictures, graphs, tables, and/                    √
                           or diagrams by including clear titles and/or descriptions, so that they are easy to read and
                           understand.

                           Laporan Tahunan yang disajikan dalam bentuk salinan dokumen elektronik merupakan Laporan
                           Tahunan yang dikonversi dalam format pdf.
               4
                           The Annual Report presented in electronic document format is the Annual Report converted into              √
                           pdf format

       Isi Laporan Tahunan
       Contents of Annual Report

                           Laporan Tahunan paling sedikit memuat informasi mengenai:
               1
                           Annual Report should contain at least the following information:                                           √
                             a. Ikhtisar data keuangan penting;
                                Summary of key financial information;                                                                 √
                             b. Informasi saham (jika ada);
                                Stock information (if any);                                                                           √
                             c. Laporan Direksi;
                                The Board of Directors report;                                                                        √
                             d. Laporan Dewan Komisaris;
                                The Board of Commissioners report;                                                                    √
                             e. Profil Emiten atau Perusahaan Publik;
                                Profile of Issuer or Public Company;                                                                  √
                             f. Analisis dan pembahasan manajemen;
                                Management discussion and analysis;                                                                   √
                             g. Tata kelola Emiten atau Perusahaan Publik;
                                Corporate governance applied by the Issuer or Public Company;                                         √
                                                                                                                                   Disajikan
                                                                                                                                dalam Laporan
                             h. Tanggung jawab sosial dan lingkungan Emiten atau Perusahaan Publik;                             Keberlanjutan
                                Corporate social and environmental responsibility of the Issuer or Public Company;               Presented in
                                                                                                                                 Sustainability
                                                                                                                                    Report

                             i. Laporan keuangan tahunan yang telah diaudit; dan
                                Audited annual report; and                                                                            √
                             j. Surat pernyataan anggota Direksi dan anggota Dewan Komisaris tentang tanggung jawab
                                atas Laporan Tahunan.
                                Statement that the Board of Directors and the Board of Commissioners are fully responsible            √
                                for the Annual Report


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    Pasal
                                                              Pengungkapan                                                     Halaman
   Article
                                                                Disclosure                                                      Page
SEOJK 16/2021
Uraian Isi Laporan Tahunan
Description of Content of Annual Report

                    Ikhtisar Data Keuangan Penting Ikhtisar data keuangan penting memuat informasi keuangan yang
                    disajikan dalam bentuk perbandingan selama 3 (tiga) tahun buku atau sejak memulai usahanya
                    jika Emiten atau Perusahaan Publik tersebut menjalankan kegiatan usahanya kurang dari 3 (tiga)
                    tahun, paling sedikit memuat:
       2.a                                                                                                                        √
                    Summary of Key Financial Information Summary of Key Financial Information contains financial
                    information presented in comparison with previous 3 (three) fiscal years or since commencement
                    of business if the Issuers or the Public Company commencing the business less than 3 (three)
                    years, at least contain:

                    1. Pendapatan/penjualan;
                                                                                                                                 14
                       Revenues/sales;

                    2. Laba bruto;
                                                                                                                                 14
                       Gross profit;

                    3. Laba (rugi);
                                                                                                                                 14
                       Profit (loss);

                    4. Jumlah laba (rugi) yang dapat diatribusikan kepada pemilik Entitas Induk dan Kepentingan
                       Nonpengendali;                                                                                            14
                       Total profit (loss) attributable to equity holders of the parent entity and non-controlling interest;

                    5. Total laba (rugi) komprehensif;
                                                                                                                                 14
                       Total comprehensive profit (loss);

                    6. Jumlah laba (rugi) komprehensif yang dapat diatribusikan kepada pemilik Entitas Induk dan
                       Kepentingan Nonpengendali;
                                                                                                                                 14
                       Total comprehensive profit (loss) attributable to equity holders of the parent entity and non
                       controlling interest;

                    7. Laba (rugi) per saham;
                                                                                                                                 14
                       Earning (loss) per share;

                    8. Jumlah aset;
                                                                                                                                 15
                       Total assets;

                    9. Jumlah liabilitas;
                                                                                                                                 15
                       Total liabilities;

                    10. Jumlah ekuitas;
                                                                                                                                 15
                        Total equities;

                    11. Rasio laba (rugi) terhadap jumlah aset;
                                                                                                                                 16
                        Profit (loss) to total assets ratio;

                    12. Rasio laba (rugi) terhadap ekuitas;
                                                                                                                                 16
                        Profit (loss) to equities ratio;

                    13. Rasio laba (rugi) terhadap pendapatan/penjualan;
                                                                                                                                 16
                        Profit (loss) to income ratio;

                    14. Rasio lancar;
                                                                                                                                 16
                        Current ratio;

                    15. Rasio liabilitas terhadap ekuitas;
                                                                                                                                 16
                        Liabilities to equities ratio;

                    16. Rasio liabilitas terhadap jumlah aset;
                                                                                                                                 16
                        Liabilities to total assets ratio;

                    17. Informasi dan rasio keuangan lainnya yang relevan dengan Emiten atau Perusahaan Publik
                        dan jenis industrinya.
                                                                                                                                 16
                        Other information and financial ratios relevant to the Issuer or Public Company and type of
                        industry.




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Page 214
           Pasal
                                                                    Pengungkapan                                                      Halaman
          Article
                                                                      Disclosure                                                       Page
       SEOJK 16/2021
                          Informasi Saham Informasi Saham bagi Perusahaan Terbuka paling sedikit memuat:
              2.b
                          Stock Information Stock Information (if any) at least contains:                                               √
                          1. Saham yang telah diterbitkan untuk setiap masa triwulan yang disajikan dalam bentuk
                             perbandingan selama 2 (dua) tahun buku terakhir, paling sedikit memuat:
                             Shares issued for each three-month period in the last 2 (two) fiscal years (if any), at least              √
                             covering:

                             a. Jumlah saham yang beredar;
                                                                                                                                        20
                                Number of outstanding shares;

                             b. Kapitalisasi pasar berdasarkan harga pada bursa efek tempat saham dicatatkan;
                                                                                                                                        20
                                Market capitalization based on the price at the Stock Exchange where the shares listed on;

                             c. Harga saham tertinggi, terendah, dan penutupan berdasarkan harga pada bursa efek
                                tempat saham dicatatkan; dan
                                                                                                                                        20
                                Highest share price, lowest share price, closing share price at the Stock Exchange where
                                the shares listed on; and

                             d. Volume perdagangan pada bursa efek tempat saham dicatatkan;
                                                                                                                                        20
                                Share volume at the Stock Exchange where the shares listed on;

                             Informasi dalam huruf b), huruf c) dan huruf d) hanya diungkapkan jika sahamnya tercatat di
                             bursa efek;
                             Information in point b), letter c) and point d) is only disclosed if the shares are listed on the          √
                             stock exchange;

                          2. Dalam hal terjadi aksi korporasi yang menyebabkan terjadinya perubahan pada saham,
                             seperti pemecahan saham (stock split), penggabungan saham (reverse stock), dividen saham,
                             saham bonus, perubahan nilai nominal saham, penerbitan efek konversi, serta penambahan
                             dan pengurangan modal, informasi saham sebagaimana dimaksud pada angka 1) perlu
                             ditambahkan penjelasan paling sedikit mengenai:
                             In the event of corporate actions, including stock split, reverse stock, stock dividend, bonus
                             share, and change in par value of shares, then the share price referred to in point 1), should be
                             added with explanation on:

                             a. Tanggal pelaksanaan aksi korporasi;
                                Date of corporate action;

                             b. Rasio pemecahan saham (stock split), penggabungan saham (reverse stock), dividen                        N/A
                                saham, saham bonus, jumlah efek konversi yang diterbitkan, dan perubahan nilai nominal
                                saham;
                                Stock split ratio, reverse stock, dividend, bonus shares, number of convertible securities
                                issued, and change in par value of shares;

                             c. Jumlah saham beredar sebelum dan sesudah aksi korporasi;
                                Number of outstanding shares prior to and after corporate action;

                             d. Jumlah efek konversi yang dilaksanakan (jika ada);
                                The number of convertible securities exercised (if any);

                             e. Harga saham sebelum dan sesudah aksi korporasi;
                                Share price prior to and after corporate action;

                          3. Dalam hal terjadi penghentian sementara perdagangan saham (suspension) dan/atau
                             pembatalan pencatatan saham (delisting) dalam tahun buku, dijelaskan alasan penghentian
                             sementara perdagangan saham (suspension) dan/atau pembatalan pencatatan saham
                             (delisting) tersebut; dan                                                                                  21
                             In the event that the company’s shares were suspended and/or delisted from trading during
                             the year under review, then the Issuers or Public Company should provide explanation on the
                             reason for the suspension and/or delisting; and

                          4. Dalam hal penghentian sementara perdagangan saham (suspension) sebagaimana
                             dimaksud pada angka 3) dan/atau proses pembatalan pencatatan saham (delisting) masih
                             berlangsung hingga akhir periode Laporan Tahunan, dijelaskan tindakan yang dilakukan
                             untuk menyelesaikan penghentian sementara perdagangan saham (suspension) dan/atau
                                                                                                                                        21
                             pembatalan pencatatan saham (delisting) tersebut.
                             In the event that the suspension and/or delisting as referred to in point 3) was still in effect until
                             the date of the Annual Report, then the Issuer or the Public Company should also explain the
                             corporate actions taken by the company in resolving the suspension and/or delisting.




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    Pasal
                                                        Pengungkapan                                                  Halaman
   Article
                                                          Disclosure                                                   Page
SEOJK 16/2021
                Laporan Direksi Laporan Direksi paling sedikit memuat uraian singkat mengenai:
     2.c        The Board of Directors Report The Board of Directors Report should at least contain the following         √
                items:

                1. Kinerja Emiten atau Perusahaan Publik, paling sedikit memuat:
                   The performance of the Issuer or Public Company, at least covering:                                    √
                   a. Strategi dan kebijakan strategis Emiten atau Perusahaan Publik;
                                                                                                                        27-29
                      Strategy and strategic policies of the Issuer or Public Company;

                   b. Peranan Direksi dalam perumusan strategi dan kebijakan strategis Emiten atau Perusahaan
                      Publik;
                                                                                                                        29-30
                      Role of the Board of Directors in formulating strategies and strategic policies of Issuers or
                      Public Companies;

                   c. Proses yang dilakukan Direksi untuk memastikan implementasi strategi Emiten atau
                      Perusahaan;
                                                                                                                        29-30
                      Process carried out by the Board of Directors to ensure the implementation of the Issuer’s or
                      Public Company’s strategy;

                   d. Perbandingan antara hasil yang dicapai dengan yang ditargetkan Emiten atau Perusahaan
                      Publik; dan                                                                                       30-31
                      Comparison between achievement of results and targets; and

                   e. Kendala yang dihadapi Emiten atau Perusahaan Publik;
                                                                                                                        31-32
                      Challenges faced by the Issuer or Public Company;

                2. Gambaran tentang prospek usaha Emiten atau Perusahaan Publik;
                                                                                                                        32-34
                   Description on business prospects of the Issuer or Public Company;

                3. Penerapan tata kelola Emiten atau Perusahaan Publik.
                                                                                                                        35-36
                   Implementation of good corporate governance by Issuer or Public Company.

                Laporan Dewan Komisaris paling sedikit memuat uraian singkat mengenai:
     2.d
                The Board of Commissioners Report should at least contain the following items:                            √
                1. Penilaian terhadap kinerja Direksi mengenai pengelolaan Emiten atau Perusahaan Publik,
                   termasuk pengawasan Dewan Komisaris dalam perumusan dan implementasi strategi Emiten
                   atau Perusahaan Publik yang dilakukan oleh Direksi;
                   Assessment on the performance of the Board of Directors in managing the Issuer or the                 38
                   Public Company, including supervision of the Board of Commissioners in the formulation and
                   implementation of the strategy of the Issuer or Public Company carried out by the Board of
                   Directors;

                2. Pandangan atas prospek usaha Emiten atau Perusahaan Publik yang disusun oleh Direksi;
                   View on the business prospects of the Issuer or Public Company as established by the Board           44-45
                   of Directors;

                3. Pandangan atas penerapan tata kelola Emiten atau Perusahaan Publik.
                                                                                                                        45-46
                   View on the implementation of the corporate governance by the Issuer or Public Company.

                Profil Emiten atau Perusahaan Publik Profil Emiten atau Perusahaan Publik paling sedikit memuat
                informasi:
     2.e
                Profile of the Issuer or Public Company Profile of the Issuer or Public Company should cover at           √
                least:

                1. Nama Emiten atau Perusahaan Publik termasuk apabila terdapat perubahan nama, alasan
                   perubahan, dan tanggal efektif perubahan nama pada tahun buku;
    2.e.1                                                                                                                52
                   Name of Issuer or Public Company, including change of name, reason of change, and the
                   effective date of the change of name during the year under review;

                2. Akses terhadap Emiten atau Perusahaan Publik termasuk kantor cabang atau kantor
                   perwakilan yang memungkinkan masyarakat dapat memperoleh informasi mengenai Emiten
    2.e2.          atau Perusahaan Publik, meliputi:                                                                     52
                   Access to Issuer or Public Company, including branch office or representative office, where
                   public can have access of information of the Issuer or Public Company, which include:

                   a. Alamat;
                                                                                                                         52
                      Address;

                   b. Nomor telepon;
                                                                                                                         52
                      Telephone number;




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                             c. Alamat surat elektronik;
                                                                                                                                 52
                                E-mail address;

                             d. Alamat situs web.
                                                                                                                                 52
                                Website address.

                          3. Riwayat Singkat Emiten atau Perusahaan Publik;
             2.e.3                                                                                                               55
                             Brief history of the Issuer or Public Company;

                          4. Visi dan Misi Emiten atau Perusahaan Publik serta budaya perusahaan (corporate culture)
             2.e.4           atau nilai-nilai perusahaan;                                                                       58-59
                             Vision and mission of the Issuer or Public Company and corporate culture or corporate values;

                          5. Kegiatan usaha menurut anggaran dasar terakhir, kegiatan usaha yang dijalankan pada tahun
                             buku, serta jenis barang dan/atau jasa yang dihasilkan;
             2.e.5                                                                                                              60-62
                             Line of business according to the latest Articles of Association, and types of products and/or
                             services produced;

                          6. Wilayah operasional Emiten atau Perusahaan Publik; wilayah operasional merupakan wilayah
                             atau daerah pelaksanaan kegiatan operasional atau jangkauan dari kegiatan operasional
             2.e.6           perusahaan;                                                                                        64-65
                             Operational area of the Issuer or Public Company; operational area is an area or area for
                             carrying out operational activities or the range of the company’s operational activities;

                          7. Struktur organisasi Emiten atau Perusahaan Publik dalam bentuk bagan, paling sedikit sampai
                             dengan struktur 1 (satu) tingkat di bawah Direksi termasuk komite di bawah Direksi (jika ada)
                             dan komite di bawah Dewan Komisaris, disertai dengan nama dan jabatan;
             2.e.7                                                                                                              66-67
                             Structure of organization of the Issuer or Public Company in chart form, at least 1 (one) level
                             below the Board of Directors, including committees under the Board of Directors (if any) and
                             committees under the Board of Commissioners, with the names and titles;

                          8. Daftar keanggotaan asosiasi industri baik dalam skala nasional maupun internasional yang
                             berkaitan dengan penerapan keuangan berkelanjutan;
             2.e.8                                                                                                               68
                             List of industry association memberships both on a national and international scale related to
                             the implementation of sustainable finance;

                          9. Profil Direksi, paling sedikit memuat:
             2.e.9                                                                                                              72-75
                             The Board of Directors profiles include:

                             a. Nama dan jabatan yang sesuai dengan tugas dan tanggung jawab;
                                Name and short description of duties and functions;                                              √
                             b. Foto terbaru;
                                Latest photograph;                                                                               √
                             c. Usia;
                                Age;                                                                                             √
                             d. Kewarganegaraan;
                                Citizenship;                                                                                     √
                             e. Riwayat pendidikan dan/atau sertifikasi;
                                Education;                                                                                       √
                             f. Riwayat jabatan, meliputi informasi:
                                History position, covering information:                                                          √
                               1. Dasar hukum pengangkatan sebagai anggota Direksi;
                                  Legal basis for appointment as member of the Board of Directors;                               √
                               2. Rangkap jabatan, baik sebagai anggota Direksi, anggota Dewan Komisaris, dan/
                                  atau anggota komite serta jabatan lainnya baik di dalam maupun di luar Emiten atau
                                  Perusahaan Publik. Jika tidak memiliki rangkap jabatan maka diungkapkan mengenai hal
                                  tersebut;                                                                                      √
                                  Dual position, as member of the Board of Directors, member of the Board of
                                  Commissioners, and/or member of committee both in and outside the Issuer or Public
                                  Company. If you do not have concurrent positions, then it is disclosed about it;

                               3. Pengalaman kerja beserta periode waktunya;
                                  Working experience and period;                                                                 √




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                   g. Hubungan afiliasi dengan anggota Direksi lainnya, anggota Dewan Komisaris, pemegang
                      saham utama, dan pengendali baik langsung maupun tidak langsung sampai kepada
                      pemilik individu, meliputi nama pihak yang terafiliasi. Jika tidak memiliki hubungan afiliasi
                      maka diungkapkan mengenai hal tersebut;
                      Affiliation with other members of the Board of Directors, members of the Board of                     √
                      Commissioners, majority and controlling shareholders, either directly or indirectly to
                      individual owners, including names of affiliated parties. In the event that a member of the
                      Board of Directors has no affiliation, the Issuer or Public Company shall disclose this matter;

                   h. Perubahan komposisi anggota Direksi dan alasan perubahannya. Jika tidak terdapat
                      perubahan komposisi maka diungkapkan mengenai hal tersebut;
                                                                                                                           76
                      Changes in the composition of the members of the Board of Directors and the reasons for
                      the changes. If there is no change in composition then this is disclosed;

                10. Profil Dewan Komisaris, paling sedikit memuat:
    2.e.10                                                                                                                80-85
                    The Board of Commissioners profiles, at least include:

                  a. Nama dan jabatan;
                     Name and title;                                                                                        √
                  b. Foto terbaru;
                     Latest photograph;                                                                                     √
                  c. Usia;
                     Age;                                                                                                   √
                  d. Kewarganegaraan;
                     Citizenship;                                                                                           √
                  e. Riwayat pendidikan dan/atau sertifikasi;
                     Education;                                                                                             √
                  f. Riwayat jabatan, meliputi informasi:
                     History position, covering information on:                                                             √
                     1. Dasar hukum pengangkatan sebagai anggota Dewan Komisaris;
                        Legal basis for the appointment as member of the Board of Commissioners;                            √
                     2. Dasar hukum pengangkatan pertama kali sebagai anggota Dewan Komisaris yang
                        merupakan Komisaris Independen;
                        Legal bases for the first appointment as member of the Board of Commissioners who also              √
                        Independent Commissioner;

                     3. Rangkap jabatan, baik sebagai anggota Dewan Komisaris, anggota Direksi, dan/
                        atau anggota komite serta jabatan lainnya baik di dalam maupun di luar Emiten atau
                        Perusahaan Publik. Jika tidak memiliki rangkap jabatan maka diungkapkan mengenai hal
                        tersebut;                                                                                           √
                        Dual position, as member of the Board of Commissioners, member of the Board of
                        Directors, and/or member of committee both in and outside the Issuer or Public Company.
                        If you do not have concurrent positions, then it is disclosed about it;

                     4. Pengalaman kerja beserta periode waktunya;
                        Working experience and period;                                                                      √
                  g. Hubungan afiliasi dengan anggota Dewan Komisaris lainnya, pemegang saham utama, dan
                     pengendali baik langsung maupun tidak langsung sampai kepada pemilik individu, meliputi
                     nama pihak yang terafiliasi. Jika anggota Dewan Komisaris tidak memiliki hubungan afiliasi
                     maka Emiten atau Perusahaan Publik mengungkapkan mengenai hal tersebut;
                     Affiliation with other members of the Board of Commissioners, major shareholders, and                  √
                     controllers either directly or indirectly to individual owners, including names of affiliated
                     parties. In the event that a member of the Board of Commissioners has no affiliation, the
                     Issuer or Public Company shall disclose this matter;

                  h. Pernyataan Independensi Komisaris Independen dalam hal Komisaris Independen telah
                     menjabat lebih dari 2 (dua) periode;
                                                                                                                           86
                     Statement of independence of Independent Commissioner in the event that the Independent
                     Commissioner has been appointed more than 2 (two) periods;




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                            i. Perubahan komposisi anggota Dewan Komisaris dan alasan perubahannya. Jika tidak
                               terdapat perubahan komposisi anggota Dewan Komisaris maka diungkapkan mengenai hal
                               tersebut;
                                                                                                                                  86
                               Changes in the composition of the members of the Board of Commissioners and the reasons
                               for the changes In the event that there is no change in the composition of the members of
                               the Board of Commissioners, this matter shall be disclosed;

                          11. Dalam hal terdapat perubahan susunan anggota Direksi dan/atau anggota Dewan Komisaris
                              yang terjadi setelah tahun buku berakhir sampai dengan batas waktu penyampaian Laporan
                              Tahunan, susunan yang dicantumkan dalam Laporan Tahunan adalah susunan anggota
                              Direksi dan/atau anggota Dewan Komisaris yang terakhir dan sebelumnya;
             2.e.11                                                                                                               87
                              In the event that there were changes in the composition of the Board of Commissioners and/
                              or the Board of Directors occurring between the period after year-end until the date the Annual
                              Report submitted, then the last and the previous composition of the Board of Commissioners
                              and/or the Board of Directors shall be stated in the Annual Report;

                          12. Jumlah karyawan menurut jenis kelamin, jabatan, usia, tingkat pendidikan, dan status
                              ketenagakerjaan (tetap/kontrak) dalam tahun buku;
                              Pengungkapan informasi dapat disajikan dalam bentuk tabel.
             2.e.12                                                                                                              98-99
                              Number of employees by gender, position, age, education level, and employment status
                              (permanent/contracted) in the fiscal year;
                              Disclosure of information can be presented in tabular form.

                          13. Nama pemegang saham dan persentase kepemilikan pada awal dan akhir tahun buku, yang
                              terdiri dari informasi mengenai:
             2.e.13
                              Names of shareholders and ownership percentage at the beginning and the end of the fiscal           √
                              year, including:

                            a. Pemegang saham yang memiliki 5% (lima persen) atau lebih saham Emiten atau Perusahaan
                               Publik;                                                                                            100
                               Shareholders having 5% (five percent) or more shares of Issuer or Public Company;

                            b. Anggota Direksi dan anggota Dewan Komisaris yang memiliki saham Emiten atau
                               Perusahaan Publik. Jika anggota Direksi dan/atau Komisaris tidak memiliki saham maka
                               diungkapkan mengenai hal tersebut; dan
                                                                                                                                  100
                               Commissioners and Directors who own shares of the Issuers or Public Company. If the
                               members of the board of Directors and/or Commissioners do not own shares, this will be
                               disclosed; and

                            c. Kelompok pemegang saham masyarakat, yaitu kelompok pemegang saham yang masing-
                               masing memiliki kurang dari 5% (lima persen) saham Emiten atau Perusahaan Publik;
                                                                                                                                  101
                               Groups of public shareholders, or groups of shareholders, each with less than 5% (five
                               percent) ownership shares of the Issuers or Public Company;

                          14. Persentase kepemilikan tidak langsung atas saham Emiten atau Perusahaan Publik oleh
                              anggota Direksi dan anggota Dewan Komisaris pada awal dan akhir tahun buku, termasuk
                              informasi mengenai pemegang saham yang terdaftar dalam daftar pemegang saham untuk
                              kepentingan kepemilikan tidak langsung anggota Direksi dan anggota Dewan Komisaris. Jika
                              anggota Direksi dan/atau Komisaris tidak memiliki kepemilikan tidak langsung atas saham
                              maka diungkapkan mengenai hal tersebut.
             2.e.14                                                                                                               102
                              The percentage of indirect ownership of the shares of the Issuer or Public Company by
                              members of the Board of Directors and members of the Board of Commissioners at the
                              beginning and end of the fiscal year, including information on shareholders registered in the
                              shareholder register for the benefit of indirect ownership of members of the Board of Directors
                              and members of the Board of Commissioners. If the members of the board of directors and/or
                              commissioners do not have indirect ownership of the shares, then this is disclosed.

                          15. Jumlah pemegang saham dan persentase kepemilikan per akhir tahun buku berdasarkan
                              klasifikasi:
                              Number of shareholders and ownership percentage at the end of the fiscal year, based on:
                             a. Kepemilikan institusi lokal;
                                Ownership of local institutions;
             2.e.15          b. Kepemilikan institusi asing;                                                                      102
                                Ownership of foreign institutions;
                             c. Kepemilikan individu lokal; dan
                                Ownership of local individual; and
                             d. Kepemilikan individu asing;
                                Ownership of foreign individual;




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                16. Informasi mengenai pemegang saham utama dan pengendali Emiten atau Perusahaan Publik,
                    baik langsung maupun tidak langsung, sampai kepada pemilik individu, yang disajikan dalam
                    bentuk skema atau bagan;
    2.e.16                                                                                                               102-103
                    Information on major shareholders and controlling shareholders the Issuers of Public Company,
                    directly or indirectly, and also individual shareholder, presented in the form of scheme or
                    diagram;

                17. Nama entitas anak, perusahaan asosiasi, perusahaan ventura bersama dimana Emiten atau
                    Perusahaan Publik memiliki pengendalian bersama entitas (jika ada), beserta persentase
                    kepemilikan saham, bidang usaha, total aset, dan status operasi entitas anak, perusahaan
                    asosiasi, perusahaan ventura bersama;
                    Untuk entitas anak, ditambahkan informasi mengenai alamat entitas anak tersebut.
    2.e.17                                                                                                               103-104
                    Name of subsidiaries, associated companies, joint venture controlled by Issuers or Public
                    Company, with entity (if any), along with the percentage of stock ownership, line of business,
                    total assets and operating status of the Issuers of Public Company, associated companies,
                    joint venture;
                    For subsidiaries, include the addresses of the said subsidiaries.

                18. Kronologis pencatatan saham, jumlah saham, nilai nominal, dan harga penawaran dari awal
                    pencatatan hingga akhir tahun buku serta nama bursa efek dimana saham Emiten atau
                    Perusahaan Publik dicatatkan, termasuk pemecahan saham (stock split), penggabungan
                    saham (reverse stock), dividen saham, saham bonus, dan perubahan nilai nominal saham,
                    pelaksanaan efek konversi, pelaksanaan penambahan dan pengurangan modal (jika ada);
    2.e.18                                                                                                                 104
                    Chronology of share listing, number of shares, par value, and bid price from the beginning
                    of listing up to the end of the financial year, and name of Stock Exchange where the Issuers
                    of Public Companies shares are listed, including stock splits, reverse stock, stock dividends,
                    bonus shares, and changes in the nominal value of shares, implementation of conversion
                    effects, implementation of capital additions and subtractions (if any);

                19. Informasi pencatatan efek lainnya selain efek sebagaimana dimaksud pada angka 18), yang
                    belum jatuh tempo pada tahun buku paling sedikit memuat nama efek, tahun penerbitan,
                    tingkat suku bunga/imbal hasil, tanggal jatuh tempo, nilai penawaran, dan peringkat efek (jika
    2.e.19          ada);                                                                                                  105
                    Other securities listing information other than the securities as referred to in number 18), which
                    have not yet matured in the fiscal year, at least contain the name of the securities, year of
                    issue, interest rate/yield, maturity date, offering value, and securities rating (if any);

                20. Informasi penggunaan jasa akuntan publik dan kantor akuntan publik beserta jaringan/
                    asosiasi/aliansinya meliputi:
    2.e.20                                                                                                                 106
                    Information on the use of a Public Accountant (AP) and a Public Accounting firm (KAP)
                    services and their networks/associations/alliances include:

                  a. Nama dan alamat;
                     Name and Address;                                                                                      √
                  b. Periode penugasan;
                     Period of Assignment;                                                                                  √
                  c. Informasi jasa audit dan/atau non audit yang diberikan;
                     Information on Audit and/or Non-Audit Services Provided;                                               √
                  d. Biaya jasa (fee) audit dan/atau non audit untuk masing-masing penugasan yang diberikan
                     selama tahun buku; dan                                                                                 √
                     Audit and/or non-audit fees for each assignment given during the fiscal year; and

                  e. Dalam hal AP dan KAP beserta jaringan/asosiasi/aliansinya, yang ditunjuk tidak memberikan
                     jasa non audit, maka diungkapkan mengenai informasi tersebut; dan
                     In the event that AP and KAP and their network/association/alliance, which are appointed do            √
                     not provide non-audit services, then the information is disclosed; and

                21. Nama dan alamat lembaga dan/atau profesi penunjang pasar modal selain AP dan KAP.
    2.e.21          Name and address of capital market supporting institutions and/or professionals other than AP          107
                    and KAP.

                Analisis Dan Pembahasan Manajemen Analisis dan pembahasan manajemen memuat analisis
                dan pembahasan mengenai laporan keuangan dan informasi penting lainnya dengan penekanan
                pada perubahan material yang terjadi dalam tahun buku, yaitu paling sedikit memuat:
     2.f
                Management Discussion and Analysis Management discussion and analysis should contain                        √
                discussion and analysis on financial statements and other material information emphasizing
                material changes that occurred during the year under review, at least including:




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                          1. Tinjauan operasi per segmen usaha sesuai dengan jenis industri Emiten atau Perusahaan
                             Publik, paling sedikit mengenai:
             2.f.1
                             Operational review per business segment, according to the type of industry of the Issuer or           √
                             Public Company including:

                            a. Produksi, yang meliputi proses, kapasitas, dan perkembangannya;
                                                                                                                                 113-121
                               Production, including process, capacity, and growth;

                            b. Pendapatan/penjualan; dan
                                                                                                                                 113-121
                               Income/sales; and

                            c. Profitabilitas;
                                                                                                                                 113-121
                               Profitability;

                          2. Kinerja keuangan komprehensif yang mencakup perbandingan kinerja keuangan dalam 2
                             (dua) tahun buku terakhir, penjelasan tentang penyebab adanya perubahan dan dampak
                             perubahan tersebut, paling sedikit mengenai:
             2.f.2
                             Comprehensive financial performance analysis which includes a comparison between the                  √
                             financial performance of the last 2 (two) fiscal years, and explanation on the causes and
                             effects of such changes, among others concerning:

                            a. Aset lancar, aset tidak lancar, dan total aset;
                                                                                                                                122-123
                               Current assets, non-current assets, and total assets;

                            b. Liabilitas jangka pendek, liabilitas jangka panjang, dan total liabilitas;
                                                                                                                                122-123
                               Short term liabilities, long-term liabilities, total liabilities;

                            c. Ekuitas;
                                                                                                                                122-124
                               Equities;

                            d. Pendapatan/penjualan, beban, laba (rugi), penghasilan komprehensif lain, dan total laba
                               (rugi) komprehensif; dan
                                                                                                                                124-126
                               Sales/operating revenues, expenses, profit (loss), other comprehensive revenues, and total
                               comprehensive profit (loss); and

                            e. Arus kas.
                                                                                                                                127-128
                               Cash flows.

                          3. Kemampuan membayar utang atau kewajiban dengan menyajikan perhitungan rasio yang
             2.f.3           relevan;                                                                                           128-129
                             The capacity to pay debts by including the computation of relevant ratios;

                          4. Tingkat kolektibilitas piutang Emiten atau Perusahaan Publik dengan menyajikan perhitungan
                             rasio yang relevan;
             2.f.4                                                                                                              129-130
                             Accounts receivable collectability of the Issuer or Public Company, including the computation
                             of the relevant ratios;

                          5. Struktur modal (capital structure) dan kebijakan manajemen atas struktur modal (capital
                             structure) tersebut disertai dasar penentuan kebijakan dimaksud;
             2.f.5                                                                                                              130-131
                             Capital structure and management policies concerning capital structure, including the basis for
                             determining the said policy;

                          6. Bahasan mengenai ikatan yang material untuk investasi barang modal dengan penjelasan
                             paling sedikit memuat:
             2.f.6                                                                                                                131
                             Discussion on material ties for the investment of capital goods, including the explanation on at
                             least:

                            a. Tujuan dari ikatan tersebut;
                               The purpose of such ties;

                            b. Sumber dana yang diharapkan untuk memenuhi ikatan tersebut;
                               Source of funds expected to fulfil the said ties;

                            c. Mata uang yang menjadi denominasi; dan                                                             N/A
                               Currency of denomination; and

                            d. Langkah yang direncanakan Emiten atau Perusahaan Publik untuk melindungi risiko dari
                               posisi mata uang asing yang terkait.
                               Steps taken by the Issuer of Public Company to protect the position of a related foreign
                               currency against risks.




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                7. Bahasan mengenai investasi barang modal yang direalisasikan dalam tahun buku terakhir,
                   paling sedikit memuat:
    2.f.7
                   Discussion on investment of capital goods which was realized in the last fiscal year, at least            √
                   include:

                  a. Jenis investasi barang modal;
                                                                                                                            132
                     Type of investment of capital goods;

                  b. Tujuan investasi barang modal; dan
                                                                                                                            132
                     Objective of the investment of capital goods; and

                  c. Nilai investasi barang modal yang dikeluarkan.
                                                                                                                            132
                     Value of the investment of capital goods.

                8. Informasi dan fakta material yang terjadi setelah tanggal laporan akuntan (jika ada);
    2.f.8                                                                                                                   132
                   Material Information and facts that occurring after the date of the accountant’s report (if any);

                9. Prospek usaha dari Emiten atau Perusahaan Publik dikaitkan dengan kondisi industri, ekonomi
                   secara umum dan pasar internasional disertai data pendukung kuantitatif dari sumber data
                   yang layak dipercaya;
    2.f.9                                                                                                                 133-134
                   Information on the prospects of the Issuer or the Company in connection with industry,
                   economy in general, accompanied with supporting quantitative data if there is a reliable data
                   source;

                10. Perbandingan antara target/proyeksi pada awal tahun buku dengan hasil yang dicapai
                    (realisasi), mengenai:
    2.f.10                                                                                                                  135
                    Comparison between target/projection at beginning of year and result (realization),
                    concerning:

                  a. Pendapatan/penjualan;
                                                                                                                            135
                     Income/sales;

                  b. Laba (rugi);
                                                                                                                            135
                     Profit (loss);

                  c. Struktur modal (capital structure);
                                                                                                                            135
                     Capital structure;

                  d. Hal lainnya yang dianggap penting bagi Emiten atau Perusahaan Publik;
                                                                                                                            135
                     Others that deemed necessary for the Issuer or Public Company;

                11. Target/proyeksi yang ingin dicapai Emiten atau Perusahaan Publik untuk 1 (satu) tahun
    2.f.11          mendatang, mengenai:                                                                                     √
                    Target/projection at most for the next one year of the Issuer or Public Company, concerning:

                  a. Pendapatan/penjualan;
                                                                                                                            135
                     Income/sales;

                  b. Laba (rugi);
                                                                                                                            135
                     Profit (loss);

                  c. Struktur modal (capital structure);
                                                                                                                            135
                     Capital structure;

                  d. Kebijakan dividen; atau
                                                                                                                            135
                     Dividend policy; or

                  e. Hal lainnya yang dianggap penting bagi Emiten atau Perusahaan Publik.
                                                                                                                            135
                     Or others that deemed necessary for the Issuer or Public Company.

                12. Aspek pemasaran atas barang dan/atau jasa Emiten atau Perusahaan Publik, paling sedikit
                    mengenai strategi pemasaran dan pangsa pasar;
    2.f.12                                                                                                                136-138
                    Marketing aspects of the company’s products and/or services the Issuer or Public Company,
                    among others marketing strategy and market share;

                13. Uraian mengenai dividen selama 2 (dua) tahun buku terakhir, paling sedikit:
    2.f.13
                    Description regarding the dividend policy during the last 2 (two) fiscal years, at least:                √
                  a. Kebijakan dividen, antara lain memuat informasi persentase jumlah dividen yang dibagikan
                     terhadap laba bersih;
                                                                                                                          139-140
                     Dividend policy; which includes information on the percentage of dividends distributed to net
                     income;

                  b. Tanggal pembayaran dividen kas dan/atau tanggal distribusi dividen non kas;
                                                                                                                          139-140
                     The date of the payment of cash dividend and/or date of distribution of non-cash dividend;


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                            c. Jumlah dividen per saham (kas dan/atau non kas);
                                                                                                                                   139-140
                               Amount of cash per share (cash and/or non cash);

                            d. Jumlah dividen per tahun yang dibayar;
                                                                                                                                   139-140
                               Amount of dividend per year paid;

                          14. Realisasi penggunaan dana hasil penawaran umum, dengan ketentuan:
             2.f.14
                              Use of proceeds from Public Offerings, under the condition of:

                            a. Dalam hal selama tahun buku, Emiten memiliki kewajiban menyampaikan laporan realisasi
                               penggunaan dana, maka diungkapkan realisasi penggunaan dana hasil penawaran umum
                               secara kumulatif sampai dengan akhir tahun buku; dan
                               During the year under review, on which the Issuer has the obligation to report the realization
                               of the use of proceeds, then the realization of the cumulative use of proceeds until the year
                                                                                                                                     N/A
                               end should be disclosed; and

                            b. Dalam hal terdapat perubahan penggunaan dana sebagaimana diatur dalam Peraturan
                               Otoritas Jasa Keuangan mengenai laporan realisasi penggunaan dana hasil penawaran
                               umum, maka Emiten menjelaskan perubahan tersebut;
                               In the event that there were changes in the use of proceeds as stipulated in the Regulation
                               of the Financial Services Authority on the Report of the Utilization of Proceeds from Public
                               Offering, then Issuers should explain the said changes;

                          15. Informasi material (jika ada), antara lain mengenai investasi, ekspansi, divestasi,
                              penggabungan/peleburan usaha, akuisisi, restrukturisasi utang/modal, transaksi material,
                              transaksi afiliasi, dan transaksi benturan kepentingan, yang terjadi pada tahun buku, paling
                              sedikit memuat:
             2.f.15
                              Material information (if any), among others concerning investment, expansion, divestment,              √
                              acquisition, debt/capital restructuring, material transactions, transactions with related parties
                              and transactions with conflict of interest that occurred during the year under review, among
                              others include:

                            a. Tanggal, nilai, dan objek transaksi;
                                                                                                                                   140-141
                               Transaction date, value, and object;

                            b. Nama pihak yang melakukan transaksi;
                                                                                                                                   140-141
                               Name of transacting parties;

                            c. Sifat hubungan afiliasi (jika ada);
                                                                                                                                   140-141
                               Nature of related parties (if any);

                            d. Penjelasan mengenai kewajaran transaksi;
                                                                                                                                   140-141
                               Description of the fairness of the transaction;

                            e. Pemenuhan ketentuan terkait; dan
                                                                                                                                   140-141
                               Compliance with related rules and regulations; and

                            f. Dalam hal terdapat hubungan afiliasi, selain mengungkapkan informasi sebagaimana
                               dimaksud dalam huruf a) sampai dengan huruf e). Emiten atau Perusahaan Publik juga
                               mengungkapkan informasi:                                                                            140-141
                               In the event that there is an affiliation relationship, apart from disclosing the information as
                               referred to in letter a) to letter e), the Issuer or Public Company also discloses information:

                               1. Pernyataan Direksi bahwa transaksi afiliasi telah melalui prosedur yang memadai untuk
                                  memastikan bahwa transaksi afiliasi dilaksanakan sesuai dengan praktik bisnis yang
                                  berlaku umum antara lain dilakukan dengan memenuhi prinsip transaksi yang wajar
                                  (arm's length principle); dan                                                                    140-141
                                  A statement from the Board of Directors that the affiliate transaction has gone through
                                  adequate procedures to ensure that the affiliate transaction is carried out in accordance with
                                  generally accepted business practices, by complying with the arms length principle; and

                               2. Peran Dewan Komisaris dan Komite Audit dalam melakukan prosedur yang memadai
                                  untuk memastikan bahwa transaksi afiliasi dilaksanakan sesuai dengan praktik bisnis
                                  yang berlaku umum antara lain dilakukan dengan memenuhi prinsip transaksi yang wajar
                                  (arm's length principle);                                                                        140-141
                                  The role of the Board of Commissioners and the Audit Committee in carrying out adequate
                                  procedures to ensure that affiliated transactions are carried out in accordance with
                                  generally accepted business practices, by complying with the arms length principle;




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                  g. Untuk transaksi afiliasi atau transaksi material yang merupakan kegiatan usaha yang
                     dijalankan dalam rangka menghasilkan pendapatan usaha dan dijalankan secara rutin,
                     berulang, dan/atau berkelanjutan, ditambahkan penjelasan bahwa transaksi afiliasi
                     atau transaksi material tersebut merupakan kegiatan usaha yang dijalankan dalam
                     rangka menghasilkan pendapatan usaha dan dijalankan secara rutin, berulang, dan/atau
                     berkelanjutan;                                                                                        140-141
                     For affiliated transactions or material transactions which are business activities carried
                     out in order to generate business income and are carried out regularly, repeatedly, and/or
                     continuously, an explanation is added that the affiliated transactions or material transactions
                     are business activities carried out in order to generate business income and are carried out
                     regularly, repeatedly, and/or continuously;

                  h. Untuk pengungkapan transaksi afiliasi dan/atau transaksi benturan kepentingan yang
                     merupakan hasil pelaksanaan transaksi afiliasi dan/atau transaksi benturan kepentingan
                     yang telah disetujui pemegang saham independen, ditambahkan informasi mengenai
                     tanggal pelaksanaan RUPS yang menyetujui transaksi afiliasi dan/atau transaksi benturan
                     kepentingan tersebut;
                                                                                                                           140-141
                     For disclosure of affiliated transactions and/or conflict of interest transactions resulting from
                     the implementation of affiliated transactions and/or conflict of interest transactions that have
                     been approved by independent shareholders, additional information regarding the date of
                     the GMS which approved the affiliated transactions and/or conflict of interest transactions is
                     added;

                  i. Dalam hal tidak terdapat transaksi afiliasi dan/atau transaksi benturan kepentingan, maka
                     diungkapkan mengenai hal tersebut;
                                                                                                                           140-141
                     In the event that there is no affiliated transaction and/or conflict of interest transaction, then
                     this shall be disclosed;

                16. Perubahan ketentuan peraturan perundang-undangan yang berpengaruh signifikan terhadap
                    Emiten atau Perusahaan Publik dan dampaknya terhadap laporan keuangan (jika ada); dan
    2.f.16                                                                                                                   142
                    Changes in regulation which have a significant effect on the Issuer or Public Company and
                    impacts to the financial statement (if any); and

                17. Perubahan kebijakan akuntansi, alasan dan dampaknya terhadap laporan keuangan (jika ada).
    2.f.17                                                                                                                   143
                    Changes in the accounting policy, rationale and impact on the financial statement (if any).

                Tata Kelola Emiten atau Perusahaan Publik Tata kelola Emiten atau Perusahaan Publik paling
                sedikit memuat uraian singkat mengenai:
      g
                Corporate Governance of the Issuer or Public Company Corporate Governance of the Issuer or                    √
                Public Company contains at least:

                1. RUPS, paling sedikit memuat:
    2.g.1                                                                                                                  148-157
                   GMS, at least contains:

                  a. Informasi mengenai keputusan RUPS pada tahun buku dan 1 (satu) tahun sebelum tahun
                     buku meliputi:
                                                                                                                           148-157
                     Information regarding the resolutions of the GMS in the fiscal year and 1 (one) year prior to
                     the fiscal year include:

                     1. Keputusan RUPS pada tahun buku dan 1 (satu) tahun sebelum tahun buku yang
                        direalisasikan pada tahun buku; dan
                                                                                                                           148-157
                        Resolutions of the GMS in the fiscal year and 1 (one) year before the fiscal year realized in
                        the fiscal year; and

                     2. Keputusan RUPS pada tahun buku dan 1 (satu) tahun sebelum tahun buku yang belum
                        direalisasikan beserta alasan belum direalisasikan.
                                                                                                                           148-157
                        Resolutions of the GMS in the fiscal year and 1 (one) year before the fiscal year that have
                        not been realized and the reasons for not realizing them.

                  b. Dalam hal Emiten atau Perusahaan Publik menggunakan pihak independen dalam
                     pelaksanaan RUPS untuk melakukan perhitungan suara, maka diungkapkan mengenai hal
                     tersebut;                                                                                             148-157
                     In the event that the Issuer or Public Company uses an independent party in the conduct of
                     the GMS to calculate the votes, then this matter shall be disclosed;

                2. Direksi, paling sedikit memuat:
    2.g.2
                   The Board of Directors, covering:                                                                          √
                   a. Tugas dan tanggung jawab masing-masing anggota Direksi;
                                                                                                                             158
                      The tasks and responsibilities of each member of the Board of Directors;

                   b. Pernyataan bahwa Direksi memiliki pedoman atau piagam (charter) Direksi;
                                                                                                                           158-159
                      Statement that the Board of Directors has already have board manual or charter;



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                             c. Kebijakan dan pelaksanaan frekuensi rapat Direksi, rapat Direksi bersama Dewan
                                Komisaris, dan tingkat kehadiran anggota Direksi dalam rapat tersebut termasuk kehadiran
                                dalam RUPS;
                                                                                                                               159-160
                                Policies and implementation of the frequency of meetings of the Board of Directors,
                                meetings of the Board of Directors with the Board of Commissioners, and the level of
                                attendance of members of the Board including attendance of GMS;

                             d. Pelatihan dan/atau peningkatan kompetensi anggota Direksi:
                                                                                                                               160-161
                                Training and/or competency development of members of the Board of Directors:

                                1. Kebijakan pelatihan dan/atau peningkatan kompetensi anggota Direksi, termasuk
                                   program orientasi bagi anggota Direksi yang baru diangkat (jika ada); dan
                                   Policies for training and/or improving the competence of members of the Board of            160-161
                                   Directors, including an orientation program for newly appointed members of the Board of
                                   Directors (if any); and

                                2. Pelatihan dan/atau peningkatan kompetensi yang diikuti anggota Direksi dalam tahun
                                   buku (jika ada).
                                                                                                                               160-161
                                   Training and/or competency improvement attended by members of the Board of Directors
                                   in the fiscal year (if any).

                             e. Penilaian Direksi terhadap kinerja komite yang mendukung pelaksanaan tugas Direksi pada
                                tahun buku paling sedikit memuat:
                                                                                                                                 161
                                The Board of Directors’ assessment of the performance of the committees that support the
                                implementation of the Board of Directors’ duties for the fiscal year shall at least contain:

                                1. Prosedur penilaian kinerja; dan
                                                                                                                                 161
                                   Performance appraisal procedures; and

                               2. Kriteria yang digunakan seperti capaian kinerja selama tahun buku, kompetensi dan
                                  kehadiran dalam rapat.
                                                                                                                                 161
                                  The criteria used are performance achievements during the fiscal year, are competence
                                  and attendance at meetings.

                             f. Dalam hal Emiten atau Perusahaan Publik tidak memiliki komite yang mendukung
                                pelaksanaan tugas Direksi, maka diungkapkan mengenai hal tersebut.
                                                                                                                                 161
                                In the event that the Issuer or Public Company does not have a committee that supports the
                                implementation of the duties of the Board of Directors, this matter shall be disclosed.

                          3. Dewan Komisaris, paling sedikit memuat:
             2.g.3
                             The Board of Commissioners, among others include:                                                   √
                            a. Tugas dan tanggung jawab Dewan Komisaris;
                                                                                                                                 162
                               Duties and responsibilities of the Board of Commissioners;

                            b. Pernyataan bahwa Dewan Komisaris memiliki pedoman atau piagam (charter) Dewan
                               Komisaris;                                                                                        162
                               Statement that the Board of Commissioner has already have the board manual or charter;

                            c. Kebijakan dan pelaksanaan frekuensi rapat Dewan Komisaris, rapat Dewan Komisaris
                               bersama Direksi dan tingkat kehadiran anggota Dewan Komisaris dalam rapat tersebut
                               termasuk kehadiran dalam RUPS;
                               Policies and implementation of the frequency of meetings of the Board of Commissioners,         162-164
                               meetings of the Board of Commissioners with the Board of Directors and the level of
                               attendance of members of the Board of Commissioners in these meetings including
                               attendance at the GMS;

                            d. Pelatihan dan/atau peningkatan kompetensi anggota Dewan Komisaris:
                                                                                                                                 164
                               Training and/or competency improvement of members of the Board of Commissioners:

                               1. Kebijakan pelatihan dan/atau peningkatan kompetensi anggota Dewan Komisaris, termasuk
                                  program orientasi bagi anggota Dewan Komisaris yang baru diangkat (jika ada); dan
                                  Policy on competency training and/or development of members of the Board of                    164
                                  Commissioners, including orientation programs for newly appointed members of the Board
                                  of Commissioners (if any); and

                               2. Pelatihan dan/atau peningkatan kompetensi yang diikuti anggota Dewan Komisaris dalam
                                  tahun buku (jika ada);
                                                                                                                                 164
                                  Competency training and/or development attended by members of the Board of
                                  Commissioners in the fiscal year (if any);

                            e. Penilaian kinerja Direksi dan Dewan Komisaris serta masing-masing anggota Direksi dan
                               anggota Dewan Komisaris, paling sedikit memuat:
                                                                                                                               164-165
                               The assessment on the performance of the Board of Directors and Board of Commissioners
                               and the implementation, at least covering:

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                     1. Prosedur pelaksanaan penilaian kinerja;
                                                                                                                       164-165
                        Procedure for the implementation of performance assessment;

                     2. Kriteria yang digunakan seperti capaian kinerja selama tahun buku, kompetensi dan
                        kehadiran dalam rapat;
                                                                                                                       164-165
                        Criteria used are performance achievements during the fiscal year, competency and
                        attendance at meetings;

                     3. Pihak yang melakukan penilaian; dan
                                                                                                                       164-165
                        Assessor; and

                  f. Penilaian Dewan Komisaris terhadap kinerja Komite yang mendukung pelaksanaan tugas
                     Dewan Komisaris pada tahun buku meliputi:
                                                                                                                         165
                     Board of Commissioners’ assessment of the performance of the Committees that support the
                     implementation of the duties of the Board of Commissioners in the fiscal year includes:

                     1. Prosedur penilaian kinerja; dan
                                                                                                                         165
                        Performance appraisal procedures; and

                     2. Kriteria yang digunakan seperti capaian kinerja selama tahun buku, kompetensi dan
                        kehadiran dalam rapat;
                                                                                                                         165
                        The criteria used are performance achievements during the fiscal year, competency and
                        attendance at meetings;

                4. Nominasi dan remunerasi Direksi dan Dewan Komisaris, paling sedikit memuat:
    2.g.4          The nomination and remuneration of the Board of Directors and the Board of Commissioners               √
                   shall at least contain:

                  a. Prosedur nominasi, meliputi uraian singkat mengenai kebijakan dan proses nominasi
                     anggota Direksi dan/atau anggota Dewan Komisaris;
                     Nomination procedure, including a brief description of the policies and process for                 166
                     nomination of members of the Board of Directors and/or members of the Board of
                     Commissioners;

                  b. Prosedur dan pelaksanaan remunerasi Direksi dan Dewan Komisaris, antara lain:
                     Procedures and implementation of remuneration for the Board of Directors and the Board of           166
                     Commissioners, among others:

                     1. Prosedur penetapan remunerasi Direksi dan Dewan Komisaris;
                        Procedures for determining remuneration for the Board of Directors and the Board of              166
                        Commissioners;

                     2. Struktur remunerasi Direksi dan Dewan Komisaris seperti, gaji, tunjangan, tantiem/bonus
                        dan lainnya; dan
                                                                                                                         166
                        The remuneration structure of the Board of Directors and the Board of Commissioners
                        such as salary, allowances, tantiem/bonus and others; and

                     3. Besarnya remunerasi masing-masing anggota Direksi dan anggota Dewan Komisaris;
                        The amount of remuneration for each member of the Board of Directors and member of               167
                        the Board of Commissioners;

                5. Dewan pengawas syariah, bagi Emiten atau Perusahaan Publik yang menjalankan kegiatan
                   usaha berdasarkan prinsip syariah sebagaimana tertuang dalam anggaran dasar, paling
                   sedikit memuat:
    2.g.5
                   The Sharia Supervisory Board, for Issuers or Public Companies that carry out business
                   activities based on Sharia principles as stated in the articles of association, must at least
                   contain:

                   a. nama;
                      name;

                   b. dasar hukum pengangkatan dewan pengawas syariah;
                      legal basis for the appointment of the Sharia Supervisory Board;                                   N/A

                   c. periode penugasan dewan pengawas syariah;
                      term of office of the Sharia Supervisory Board;

                   d. tugas dan tanggung jawab dewan pengawas syariah; dan
                      uties and responsibilities of the sharia supervisory board; and

                   e. frekuensi dan cara pemberian nasihat dan saran serta pengawasan pemenuhan prinsip
                      syariah di pasar modal terhadap Emiten atau Perusahaan Publik;
                      requency and method of providing advice and suggestions, as well as supervision of
                      compliance with Sharia principles in the capital market, to Issuers or Public Companies;


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                          6. Komite Audit, paling sedikit memuat:
             2.g.6                                                                                                            168-170
                             Audit Committee, among others covering:

                             a. Nama dan jabatannya dalam keanggotaan komite;
                                Name and position in the committee;                                                             √
                             b. Usia;
                                Age;                                                                                            √
                             c. Kewarganegaraan;
                                Citizenship;                                                                                    √
                             d. Riwayat Pendidikan;
                                Education background;                                                                           √
                             e. Riwayat jabatan, meliputi informasi:
                                History of position; including:                                                                 √
                               1. Dasar hukum penunjukan sebagai anggota komite;
                                  Legal basis for appointment as committee member;                                              √
                               2. Rangkap jabatan, baik sebagai anggota Dewan Komisaris, anggota Direksi, dan/atau
                                  anggota Komite serta jabatan lainnya (jika ada); dan
                                  Dual position, as member of Board of Commissioners, member of Board of Directors, and/        √
                                  or member of committee, and other position (if any); and

                               3. Pengalaman kerja beserta periode waktunya baik di dalam maupun di luar Emiten atau
                                  Perusahaan Publik.                                                                            √
                                  Working experience and period in and outside the Issuer or Public Company.

                            f. Periode dan masa jabatan anggota Komite Audit;
                                                                                                                                171
                               Period and terms of office of the member of Audit Committee

                            g. Pernyataan independensi Komite Audit;
                                                                                                                                171
                               Statement of independence of the Audit Committee;

                            h. Pelatihan dan/atau peningkatan kompetensi yang telah diikuti dalam tahun buku (jika ada);
                                                                                                                                171
                               Training and/or competency improvement that have been followed in the fiscal year (if any);

                            i. Kebijakan dan pelaksanaan frekuensi rapat Komite Audit dan tingkat kehadiran anggota
                               Komite Audit dalam rapat tersebut;
                                                                                                                                172
                               Policies and implementation of the frequency of Audit Committee meetings and the level of
                               attendance of Audit Committee members in those meetings;

                            j. Pelaksanaan kegiatan komite audit pada tahun buku sesuai dengan yang dicantumkan
                               dalam pedoman atau piagam (charter) Komite Audit.
                                                                                                                                173
                               The activities of the Audit Committee in the year under review, in accordance with the Audit
                               Committee Charter.

                          7. Komite atau fungsi nominasi dan remunerasi Emiten atau Perusahaan Publik, paling sedikit
                             memuat:
             2.g.7                                                                                                            174-175
                             The nomination and remuneration Committee or function of the Issuer or Public Company, at
                             least containing:

                             a. Nama dan jabatannya dalam keanggotaan Komite;
                                Name and position in Committee membership;                                                      √
                             b. Usia;
                                Age;                                                                                            √
                             c. Kewarganegaraan;
                                Nationality;                                                                                    √
                             d. Riwayat Pendidikan;
                                Educational history;                                                                            √
                             e. Riwayat jabatan, meliputi informasi:
                                Position history, including information on:                                                     √
                               1. Dasar hukum penunjukan sebagai anggota Komite;
                                  Legal basis for appointment as Committee member;                                              √




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                     2. Rangkap jabatan, baik sebagai anggota Dewan Komisaris, anggota Direksi, dan/atau
                        anggota Komite serta jabatan lainnya (jika ada); dan
                        Concurrent positions, either as a member of the Board of Commissioners, member of the                   √
                        Board of Directors, and/or Committee member and other positions (if any); and

                     3. Pengalaman kerja beserta periode waktunya baik di dalam maupun di luar Emiten atau
                        Perusahaan Publik.                                                                                      √
                        Work experience and period of time both inside and outside the Issuer or Public Company.

                  f. Periode dan masa jabatan anggota Komite;
                                                                                                                               176
                     Period and term of office of the Committee members;

                  g. Pernyataan independensi Komite;
                                                                                                                               176
                     Statement of Committee independence;

                  h. Pelatihan dan/atau peningkatan kompetensi yang telah diikuti dalam tahun buku (jika ada);
                                                                                                                             176-177
                     Training and/or competency improvement that have been followed in the fiscal year (if any);

                  i. Uraian tugas dan tanggung jawab;
                                                                                                                             177-178
                     Description of duties and responsibilities;

                  j. Pernyataan bahwa telah memiliki pedoman atau piagam (charter);
                                                                                                                               178
                     A statement that it has a guideline or charter;

                  k. Kebijakan dan pelaksanaan frekuensi rapat dan tingkat kehadiran anggota dalam rapat
                     tersebut;
                                                                                                                             178-179
                     Policies and implementation of the frequency of meetings and the level of attendance of
                     members at the meeting;

                  l. Uraian singkat pelaksanaan kegiatan pada tahun buku.
                                                                                                                               179
                     Brief description of the implementation of activities in the fiscal year.

                8. Sekretaris Perusahaan, paling sedikit memuat:
    2.g.8                                                                                                                     92-93
                   Corporate Secretary, including:

                   a. Nama;
                      Name;                                                                                                     √
                   b. Domisili;
                      Domicile;                                                                                                 √
                   c. Riwayat jabatan, meliputi:
                      History of position, including:                                                                           √
                     1. Dasar hukum penunjukan sebagai Sekretaris Perusahaan; dan
                        Legal basis for the appointment as Corporate Secretary; and                                             √
                     2. Pengalaman kerja beserta periode waktunya baik di dalam maupun di luar Emiten atau
                        Perusahaan Publik;                                                                                      √
                        Working experience and period in and outside the Issuer or Public Company;

                  d. Riwayat Pendidikan;
                     Education background                                                                                       √
                  e. Pelatihan dan/atau peningkatan kompetensi yang diikuti dalam tahun buku; dan
                                                                                                                              94-95
                     Education and/or training during the year under review; and

                  f. Uraian singkat pelaksanaan tugas Sekretaris Perusahaan pada tahun buku;
                     Brief description on the implementation of duties of the Corporate Secretary in the year                  96
                     under review;

                9. Unit Audit Internal, paling sedikit memuat:
    2.g.9                                                                                                                      180
                   Internal Audit Unit, among others including:

                   a. Nama Kepala Unit Audit Internal;
                      Name of Head of Internal Audit Unit                                                                       √
                   b. Riwayat jabatan meliputi:
                      History of position, including:                                                                           √




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                               1. Dasar hukum penunjukan sebagai Kepala Unit Audit Internal; dan
                                  Legal basis for the appointment as Head of Internal Audit Unit; and                            √
                               2. Pengalaman kerja beserta periode waktunya baik di dalam maupun di luar Emiten atau
                                  Perusahaan Publik;                                                                             √
                                  Working experience and period in and outside the Issuer or Public Company;

                            c. Kualifikasi atau sertifikasi sebagai profesi Audit Internal (jika ada);
                                                                                                                               181-182
                               Qualification or certification as internal auditor (if any);

                            d. Pelatihan dan/atau peningkatan kompetensi yang diikuti dalam tahun buku;
                                                                                                                                 182
                               Education and/or training during the year under review;

                            e. Struktur dan kedudukan Unit Audit Internal;
                                                                                                                                 183
                               Structure and position of Internal Audit Unit;

                            f. Uraian tugas dan tanggung jawab;
                                                                                                                               184-185
                               Description of duties and responsibilities;

                            g. Pernyataan bahwa telah memiliki pedoman atau piagam (charter) Unit Audit Internal;
                                                                                                                                 185
                               Statement that the Internal Audit Unit has already have Internal Audit Unit charter;

                            h. Uraian singkat pelaksanaan tugas Unit Audit Internal pada tahun buku termasuk kebijakan
                               dan pelaksanaan frekuensi rapat dengan Direksi, Dewan Komisaris, dan/atau Komite Audit;
                               Brief description on the implementation of duty of Internal Audit Unit during the year under      185
                               review including the policy and implementation of the frequency of meetings with the Board
                               of Directors, the Board of Commissioners, and/or the Audit Committee;

                          10. Uraian mengenai sistem pengendalian internal (internal control) yang diterapkan oleh Emiten
                              atau Perusahaan Publik, paling sedikit memuat:
             2.g.10
                              Description on internal control system adopted by the Issuer or Public Company, at least           √
                              covering:

                             a. Pengendalian keuangan dan operasional, serta kepatuhan terhadap peraturan perundang-
                                undangan lainnya;                                                                              186-187
                                Financial and operational control, and compliance to the other prevailing rules;

                             b. Tinjauan atas efektivitas sistem pengendalian internal; dan
                                                                                                                               187-188
                                Review on the effectiveness of internal control systems; and

                             c. Pernyataan Direksi dan/atau Dewan Komisaris atas kecukupan sistem pengendalian
                                internal;
                                                                                                                                 188
                                Statement of the Board of Directors and/or Board of Commissioners on the adequacy of the
                                internal control system;

                          11. Sistem manajemen risiko yang diterapkan oleh Emiten atau Perusahaan Publik, paling sedikit
             2.g.11           memuat:                                                                                            √
                              Risk management system implemented by the company, at least includes:

                             a. Gambaran umum mengenai sistem manajemen risiko Emiten atau Perusahaan Publik;
                                                                                                                                 189
                                General description about the company’s risk management system the Issuer or Public;

                             b. Jenis risiko dan cara pengelolaannya;
                                                                                                                               190-194
                                Types of risk and the management;

                             c. Tinjauan atas efektivitas sistem manajemen risiko Emiten atau Perusahaan Publik; dan
                                Review the effectiveness of the risk management system applied by the Issuer or Public           194
                                Company; and

                             d. Pernyataan Direksi dan/atau Dewan Komisaris atau Komite Audit atas kecukupan sistem
                                manajemen risiko;
                                                                                                                                 195
                                Statement of the Board of Directors and/or the Board of Commissioners or the Audit
                                Committee on the adequacy of the risk management system;

                          12. Perkara hukum yang berdampak material yang dihadapi oleh Emiten atau Perusahaan Publik,
                              Entitas Anak, anggota Direksi dan anggota Dewan Komisaris (jika ada), paling sedikit memuat:
             2.g.12           Legal cases that have a material impact faced by Issuers or Public Companies, subsidiaries,        √
                              members of the Board of Directors and members of the Board of Commissioners (if any), at least
                              contain:

                             a. Pokok perkara/gugatan;
                                                                                                                                 195
                                Substance of the case/claim;

                             b. Status penyelesaian perkara/gugatan; dan
                                                                                                                                 195
                                Status of settlement of case/claim; and


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                   c. Pengaruhnya terhadap kondisi Emiten atau Perusahaan Publik;
                                                                                                                          195
                      Potential impacts on the condition of the Issuer or Public Company;

                13. Informasi tentang sanksi administratif/sanksi yang dikenakan kepada Emiten atau Perusahaan
                    Publik, anggota Dewan Komisaris dan anggota Direksi, oleh Otoritas Jasa Keuangan dan
                    otoritas lainnya pada tahun buku (jika ada);
    2.g13                                                                                                                 195
                    Information about administrative sanctions imposed to Issuer or Public Company, members of
                    the Board of Commissioners and the Board of Directors, by the Capital Market Authority and
                    other authorities during the last fiscal year (if any)

                14. Informasi mengenai kode etik Emiten atau Perusahaan Publik meliputi:
    2.g.14
                    Information about codes of conduct of the Issuer or Public Company, includes:                          √
                   a. Pokok-pokok kode etik;
                                                                                                                        196-197
                      Key points of the code of conduct;

                   b. Bentuk sosialisasi kode etik dan upaya penegakannya; dan
                                                                                                                          197
                      Socialization of the code of conduct and enforcement; and

                   c. Pernyataan bahwa kode etik berlaku bagi anggota Direksi, anggota Dewan Komisaris, dan
                      karyawan Emiten atau Perusahaan Publik;
                                                                                                                          198
                      Statement that the code of conduct is applicable for the Board of Commissioners, the Board
                      of Directors, and employees of the Issuer of Public Company;

                15. Uraian singkat mengenai kebijakan pemberian kompensasi jangka panjang berbasis kinerja
                    kepada manajemen dan/atau karyawan yang dimiliki oleh Emiten atau Perusahaan Publik (jika
                    ada), antara lain berupa program kepemilikan saham oleh manajemen (Management Stock
                    Ownership Program/MSOP) dan/atau program kepemilikan saham oleh karyawan (Employee
    2.g.15          Stock Ownership Program/ESOP);.                                                                       199
                    A brief description of the policy of providing long-term performance-based compensation to
                    management and/or employees owned by the Issuer or Public Company (if any), including the
                    Management Stock Ownership Program (MSOP) and/or Program Employee Stock Ownership
                    (ESOP);

                16. Uraian singkat mengenai kebijakan pengungkapan informasi mengenai:
    2.g.16
                    A brief description of the information disclosure policy regarding:                                    √
                   a. Kepemilikan saham anggota Direksi dan anggota Dewan Komisaris paling lambat 3 (tiga)
                      hari kerja setelah terjadinya kepemilikan atau setiap perubahan kepemilikan atas saham
                      Perusahaan Terbuka; dan
                                                                                                                          199
                      Share ownership of members of the Board of Directors and members of the Board of
                      Commissioners no later than 3 (three) working days after the occurrence of ownership or
                      any change in ownership of shares of a Public Company; and

                   b. Pelaksanaan atas kebijakan dimaksud;
                                                                                                                          199
                      Implementation of the policy;

                17. Uraian mengenai sistem pelaporan pelanggaran (whistleblowing system) di Emiten atau
                    Perusahaan Publik, paling sedikit memuat:
    2.g.17                                                                                                                200
                    Description of whistleblowing system at the Issuer or Public Company (if any), among others
                    include:

                   a. Cara penyampaian laporan pelanggaran;
                                                                                                                        200-201
                      Mechanism for violation reporting;

                   b. Perlindungan bagi pelapor;
                                                                                                                          202
                      Protection for the whistle-blower;

                   c. Penanganan pengaduan;
                                                                                                                       202-203
                      Handling of violation reports;

                   d. Pihak yang mengelola pengaduan; dan
                                                                                                                       202-203
                      Unit responsible for handling of violation report; and

                   e. Hasil dari penanganan pengaduan, paling sedikit:
                                                                                                                          203
                      Results from violation report handling, at least includes:




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                               1. Jumlah pengaduan yang masuk dan diproses dalam tahun buku; dan
                                                                                                                                       203
                                  Number of complaints received and processed during the fiscal year; and

                               2. Tindak lanjut pengaduan.
                                                                                                                                       203
                                  Follow up of complaints.

                          18. Uraian mengenai kebijakan anti korupsi Emiten atau Perusahaan Publik, paling sedikit
             2.g.18           memuat:                                                                                                   √
                              A description of the anti-corruption policy of the Issuer or Public Company, at least containing:

                             a. Program dan prosedur yang dilakukan dalam mengatasi praktik korupsi, balas jasa
                                (kickbacks), fraud, suap dan/atau gratifikasi dalam Emiten atau Perusahaan Publik; dan
                                                                                                                                       204
                                Programs and procedures implemented in overcoming corrupt practices, kickbacks, fraud,
                                bribery and/or gratification in Issuers or Public Companies; and

                            b. Pelatihan/sosialisasi anti korupsi kepada karyawan Emiten atau Perusahaan Publik. Dalam
                               hal Emiten atau Perusahaan Publik tidak memiliki kebijakan anti korupsi, maka dijelaskan
                               alasan tidak dimilikinya kebijakan dimaksud;
                                                                                                                                       204
                               Anti-corruption training/socialization to employees of Issuers or Public Companies; In the
                               event that the Issuer or Public Company does not have an anti corruption policy, the reasons
                               for not having the policy are explained;

                          19. Penerapan atas pedoman tata kelola Perusahaan Terbuka bagi Emiten yang menerbitkan efek
                              bersifat ekuitas atau Perusahaan Publik, meliputi:
             2.g.19
                              Implementation of the Guidelines of Corporate Governance for Public Companies for Issuer                  √
                              issuing Equity-based Securities or Public Company, including:

                             a. Pernyataan mengenai rekomendasi yang telah dilaksanakan; dan/atau
                                                                                                                                     205-208
                                Statement regarding recommendation that have been implemented; and/or

                             b. Penjelasan atas rekomendasi yang belum dilaksanakan, disertai alasan dan alternatif
                                pelaksanaannya (jika ada).
                                                                                                                                       N/A
                                Description of recommendations that have not been implemented, along with the reason
                                and alternatives of implementation (if any).

                          Tanggung Jawab Sosial Dan Lingkungan Emiten Atau Perusahaan Publik
                          Social and Environmental Responsibility of the Issuer or Public Company
                          1. Informasi yang diungkapkan dalam bagian tanggung jawab sosial dan lingkungan merupakan                  Disajikan
                             Laporan Keberlanjutan (Sustainability Report) sebagaimana dimaksud dalam Peraturan                   dalam Laporan
                             Otoritas Jasa Keuangan Nomor 51/POJK.03/2017 tentang Penerapan Keuangan Berkelanjutan                Keberlanjutan
               h
                             bagi Lembaga Jasa Keuangan, Emiten, dan Perusahaan Publik, paling sedikit memuat:                     Presented in
                             The information disclosed in the social and environmental responsibility section is a                 Sustainability
                             Sustainability Report as referred to in the Financial Services Authority Regulation Number 51/           Report
                             POJK)03/2017 concerning the Implementation of Sustainable Finance for Financial Services
                             Institutions, Issuers, and Public Companies, at at least includes:

                             a. Penjelasan strategi keberlanjutan;
                                Explanation of the sustainability strategy;                                                             √
                             b. Ikhtisar aspek keberlanjutan (ekonomi, sosial, dan lingkungan hidup);
                                Overview of sustainability aspects (economic, social, and environmental);                               √
                             c. Profil singkat Emiten atau Perusahaan Publik;
                                Brief profile of the Issuer or Public Company;                                                          √
                             d. Penjelasan Direksi;
                                Explanation of the Board of Directors;                                                                  √
                             e. Tata kelola keberlanjutan;
                                Sustainability governance;                                                                              √
                             f. Kinerja keberlanjutan;
                                Sustainability performance;                                                                             √
                             g. Verifikasi tertulis dari pihak independen, jika ada;
                                Written verification from an independent party, if any;                                                 √
                             h. Lembar umpan balik (feedback) untuk pembaca, jika ada; dan
                                Feedback sheet for readers, if any; and                                                                 √




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                     i. Tanggapan Emiten atau Perusahaan Publik terhadap umpan balik laporan tahun
                        sebelumnya.                                                                                           √
                        The response of the Issuer or Public Company to the previous year’s report feedback.

                2. Informasi Laporan Keberlanjutan (Sustainability Report) pada angka 1) dapat:
                   Information on the Sustainability Report in number (1) can:                                                √
                     a. Diungkapkan pada bagian lain yang relevan di luar bagian tanggung jawab sosial dan
                        lingkungan, seperti penjelasan Direksi terkait Laporan Keberlanjutan diungkapkan dalam
                        bagian terkait Laporan Direksi; dan/atau;
                        Disclosed in other relevant sections outside the Social and Environmental Responsibility              √
                        section, such as the Directors’ explanation regarding the Sustainability Report disclosed in
                        the section related to the Directors’ Report; and/or

                     b. Merujuk pada bagian lain di luar bagian tanggung jawab sosial dan lingkungan dengan
                        tetap mengacu pada Pedoman Teknis Penyusunan Laporan Keberlanjutan (Sustainability
                        Report) Bagi Emiten dan Perusahaan Publik sebagaimana tercantum dalam Lampiran II
                        yang merupakan bagian tidak terpisahkan dari Surat Edaran Otoritas Jasa Keuangan ini,
                        seperti profil Emiten atau Perusahaan Publik.                                                         √
                        Refers to other sections outside the Social and Environmental Responsibility section by still
                        referring to the Technical Guidelines for the Preparation of Sustainability Reports for Issuers
                        and Public Companies as listed in Appendix II which is an integral part of this Financial
                        Services Authority Circular Letter, such as the profile of the Issuer or Public Company.

                3. Dalam hal Laporan Keberlanjutan disajikan secara terpisah dengan Laporan Tahunan,
                   informasi yang diungkapkan dalam Laporan Keberlanjutan dimaksud harus:
                   In the event that the Sustainability Report is presented separately from the Annual Report, the            √
                   information disclosed in the Sustainability Report must:

                     a. Memuat seluruh informasi sebagaimana dimaksud pada angka 1);
                        Contains all the information as referred to in number 1);                                             √
                     b. Disusun sesuai Pedoman Teknis Penyusunan Laporan Keberlanjutan (Sustainability Report)
                        Bagi Emiten dan Perusahaan Publik sebagaimana tercantum dalam Lampiran II yang
                        merupakan bagian tidak terpisahkan dari Surat Edaran Otoritas Jasa Keuangan ini.
                        Prepared in accordance with the Technical Guidelines for the Preparation of a Sustainability          √
                        Report for Issuers and Public Companies as listed in Appendix II which is an integral part of
                        this Financial Services Authority Circular Letter.

                4. Dalam hal Laporan Keberlanjutan disajikan secara terpisah dengan Laporan Tahunan, maka
                   dalam bagian tanggung jawab sosial dan lingkungan memuat informasi bahwa informasi
                   mengenai tanggung jawab sosial dan lingkungan telah diungkapkan dalam Laporan
                   Keberlanjutan yang disajikan secara terpisah dari Laporan Tahunan;
                   In the event that the Sustainability Report is presented separately from the Annual Report, then           √
                   the Social and Environmental Responsibility section contains information that information on
                   Social and Environmental Responsibility has been disclosed in the Sustainability Report which
                   is presented separately from the Annual Report;

                5. Penyampaian Laporan Keberlanjutan (Sustainability Report) yang disajikan secara terpisah
                   dengan Laporan Tahunan harus disampaikan bersamaan dengan penyampaian Laporan
                   Tahunan.                                                                                                  210
                   Submission of the Sustainability Report which is presented separately from the Annual Report
                   must be submitted together with the Annual Report.

                i.   Laporan Keuangan Tahunan yang Telah Diaudit
                                                                                                                             232
                     Audited Financial Statement

                j.   Surat Pernyataan Anggota Direksi dan Anggota Dewan Komisaris tentang Tanggung Jawab
                     atas Laporan Tahunan dan Laporan Keberlanjutan
                                                                                                                             48
                     Acknowledgement of the Board of Directors and Commissioners Regarding the Accountability
                     for the Annual Report and Sustainability Report




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                       Financial Statement
07
Laporan Keuangan
Financial Statements
Page 233

          
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 HALAMAN INI SENGAJA DIKOSONGKAN
THIS PAGE IS INTENTIONALLY LEFT BLANK
Page 235
PT Mora Telematika Indonesia Tbk
dan Entitas anak/and Its Subsidiaries
Laporan Keuangan Konsolidasian/
Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir 31 Desember 2025 dan 2024/
For the Years Ended December 31, 2025 and 2024
Page 236
PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK/AND ITS SUBSIDIARIES
DAFTAR ISI/TABLE OF CONTENTS


                                                                                                Halaman/
                                                                                                  Page
Laporan Auditor Independen/Independent Auditor’s Report



Surat Pernyataan Direksi tentang Tanggung Jawab atas Laporan Keuangan Konsolidasian
    PT Mora Telematika Indonesia Tbk dan Entitas Anak untuk Tahun-tahun yang Berakhir
    31 Desember 2025 dan 2024/
The Directors’ Statement on the Responsibility for Consolidated Financial Statements of
    PT Mora Telematika Indonesia Tbk and Its Subsidiaries for the years Ended
    December 31, 2025 and 2024

LAPORAN KEUANGAN KONSOLIDASIAN – Untuk Tahun-tahun yang Berakhir 31 Desember
   2025 dan 2024/
CONSOLIDATED FINANCIAL STATEMENTS – For the Years Ended December 31, 2025 and
   2024

    Laporan Posisi Keuangan Konsolidasian/Consolidated Statements of Financial Position            1

    Laporan Laba Rugi dan Penghasilan Komprehensif Lain Konsolidasian/Consolidated
        Statements of Profit or Loss and Other Comprehensive Income                                3

    Laporan Perubahan Ekuitas Konsolidasian/Consolidated Statements of Changes in Equity           4

    Laporan Arus Kas Konsolidasian/Consolidated Statements of Cash Flows                           5

    Catatan atas Laporan Keuangan Konsolidasian/Notes to Consolidated Financial Statements         6


Lampiran/Attachment

    Laporan Posisi Keuangan-Entitas Induk/Statements of Financial Position - Parent Company        i.1

    Laporan Laba Rugi dan Penghasilan Komprehensif Lain-Entitas Induk/Statements of Profit or
        Loss and Other Comprehensive Income - Parent Company                                       i.3

    Laporan Perubahan Ekuitas-Entitas Induk/Statements of Changes in Equity - Parent
        Company                                                                                    i.4

    Laporan Arus Kas-Entitas Induk/Statements of Cash Flows – Parent Company                       i.5
Page 237

          
Page 238

          
Page 239

          
Page 240

          
Page 241

          
Page 242

          
Page 243

          
Page 244

          
Page 245
PT MORA TELEMATIKA INDONESIA TBK DAN ENTITAS ANAK                                               PT MORA TELEMATIKA INDONESIA TBK AND ITS SUBSIDIARIES
Laporan Posisi Keuangan Konsolidasian                                                                             Consolidated Statements of Financial Position
31 Desember 2025 dan 2024                                                                                                           December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah, kecuali Dinyatakan Lain)                         (Figures are Presented in Millions Rupiah, unless Otherwise Stated)


                                                                               Catatan/
                                                               2025             Notes     2024

ASET                                                                                                        ASSETS

ASET LANCAR                                                                                                 CURRENT ASSETS
Kas dan setara kas                                               1.365.807        5        1.819.585        Cash and cash equivalents
Aset pengampunan pajak                                                 100        4              100        Tax amnesty assets
Piutang usaha                                                                     6                         Trade accounts receivable
    Pihak berelasi - setelah dikurangi
       cadangan kerugian penurunan nilai                                                                       Related parties - net of allowance
       masing-masing sebesar Rp 1.643                                                                             for impairment of Rp 1,643
       dan Rp 1.134 pada tanggal                                                                                  and Rp 1,134 as of December 31, 2025
       31 Desember 2025 dan 2024                                     113.356     39          49.666               and 2024, respectively
    Pihak ketiga - setelah dikurangi
       cadangan kerugian penurunan nilai                                                                       Third parties - net of allowance
       masing-masing sebesar Rp 49.963                                                                             for impairment of Rp 49,963
       dan Rp 47.732 pada tanggal                                                                                  and Rp 47,732 as of December 31, 2025
       31 Desember 2025 dan 2024                                     592.965                558.924                and 2024, respectively
Piutang lain-lain                                                      5.039                  5.793         Other accounts receivable
Bagian piutang konsesi jasa
   yang jatuh tempo dalam setahun                                1.253.100        7        1.253.100        Current portion of service concession receivable
Uang muka                                                           22.307        8           36.165        Advances
Biaya dibayar dimuka                                                59.036        9           61.419        Prepaid expenses
Pajak dibayar dimuka                                                83.474       10           37.187        Prepaid taxes
Aset yang dibatasi penggunaannya                                         -       11            1.674        Restricted assets
Aset lancar lain-lain                                              319.467       16          210.482        Other current assets

Jumlah Aset Lancar                                               3.814.651                 4.034.095        Total Current Assets

ASET TIDAK LANCAR                                                                                           NONCURRENT ASSETS
Aset yang dibatasi penggunaannya                                      16.000     11          16.000         Restricted assets
Investasi - setelah dikurangi kerugian
    penurunan nilai sebesar Rp 5.207                                       -     12               -         Investments - net of impairment of Rp 5,207
Biaya dibayar dimuka                                                  21.526      9          11.737         Prepaid expenses
Piutang konsesi jasa -
    setelah dikurangi bagian yang                                                                           Service concession receivable -
    jatuh tempo dalam satu tahun                                 2.514.451        7        2.824.132           net of current portion
Aset tetap - setelah dikurangi
    akumulasi penyusutan masing-masing                                                                      Property and equipment - net of
    sebesar Rp 1.679.820 dan                                                                                   accumulated depreciation of
    Rp 912.352 pada tanggal                                                                                    Rp 1,679,820 and Rp 912,352
    31 Desember 2025 dan 2024                                    8.114.132       13        7.519.995           as of December 31, 2025 and 2024, respectively
Aset pengampunan pajak - setelah dikurangi                                                                  Tax amnesty assets - net of
    akumulasi penyusutan masing-masing                                                                         accumulated depreciation of
    sebesar Rp 1.194 dan Rp 1.063                                                                              Rp 1,194 and Rp 1,063
     pada tanggal 31 Desember 2025 dan 2024                            1.727      4              1.858         as of December 31, 2025 and 2024, respectively
Aset takberwujud - setelah dikurangi
    akumulasi amortisasi masing-masing                                                                      Intangible assets - net of
    sebesar Rp 56.946 dan                                                                                       accumulated amortization of
    Rp 37.088 pada tanggal                                                                                      Rp 56,946 and Rp 37,088
    31 Desember 2025 dan 2024                                         56.198     15          14.625             as of December 31, 2025 and 2024, respectively
Aset hak-guna - setelah dikurangi
    akumulasi penyusutan masing-masing                                                                      Right-of-use assets - net of
    Rp 221.195 dan                                                                                             accumulated depreciation of
    Rp 137.188 pada tanggal                                                                                    Rp 221,195 and Rp 137,188
    31 Desember 2025 dan 2024                                        147.565     14         112.378            as of December 31, 2025 and 2024, respectively
Aset pajak tangguhan                                                   9.161     35           9.837         Deferred tax assets
Aset lain-lain                                                        64.944     16         109.490         Other assets

Jumlah Aset Tidak Lancar                                        10.945.704                10.620.052        Total Noncurrent Assets

JUMLAH ASET                                                     14.760.355                14.654.147        TOTAL ASSETS




Lihat catatan atas laporan keuangan konsolidasian yang merupakan                                  See accompanying notes to consolidated financial statements
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian.                                which are an integral part of the consolidated financial statements.


                                                                                 -1-
Page 246
PT MORA TELEMATIKA INDONESIA TBK DAN ENTITAS ANAK                                               PT MORA TELEMATIKA INDONESIA TBK AND ITS SUBSIDIARIES
Laporan Posisi Keuangan Konsolidasian                                                                             Consolidated Statements of Financial Position
31 Desember 2025 dan 2024                                                                                                           December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah, kecuali Dinyatakan Lain)                         (Figures are Presented in Millions Rupiah, unless Otherwise Stated)


                                                                               Catatan/
                                                               2025             Notes     2024

LIABILITAS DAN EKUITAS                                                                                     LIABILITIES AND EQUITY

LIABILITAS                                                                                                 LIABILITIES

LIABILITAS JANGKA PENDEK                                                                                   CURRENT LIABILITIES
Utang usaha                                                                      17                        Trade accounts payable
   Pihak berelasi                                                     61.230     39          44.187           Related parties
   Pihak ketiga                                                      286.000                389.243           Third parties
Utang lain-lain                                                                  18                        Other accounts payable
   Pihak berelasi                                                      1.254     39               -           Related parties
   Pihak ketiga                                                      100.788                 92.233           Third parties
Utang pajak                                                           50.697     19         122.463        Taxes payable
Beban akrual                                                         205.137                149.649        Accrued expenses
Uang muka penjualan                                                    6.216     20          24.385        Advances from customers
Bagian liabilitas jangka panjang yang akan
   jatuh tempo dalam waktu satu tahun:                                                                     Current portion of long-term liabilities:
   Utang bank                                                        985.962     23        1.437.211          Bank loans
   Sukuk ijarah                                                      492.419     25          141.725          Sukuk ijarah
   Liabilitas sewa                                                    36.050     24           72.906          Lease liabilities
   Utang non-bank                                                     51.892     22           31.202          Non-bank loans
Pendapatan ditangguhkan                                               54.995     21           52.474       Deferred income

Jumlah Liabilitas Jangka Pendek                                  2.332.640                 2.557.678       Total Current Liabilities

LIABILITAS JANGKA PANJANG                                                                                  NONCURRENT LIABILITIES
Utang usaha - pihak ketiga                                                 -     17             382        Trade account payable - third parties
Liabilitas pajak tangguhan                                            20.024     35          33.901        Deferred tax liabilities
Uang muka penjualan                                                  208.461     20         104.814        Advances from customers
Liabilitas jangka panjang - setelah dikurangi
   bagian yang jatuh tempo dalam satu tahun:                                                               Long-term liabilities - net of current portion:
   Utang bank                                                    3.008.756       23        2.904.991          Bank loans
   Sukuk ijarah                                                    304.412       25          794.444          Sukuk ijarah
   Liabilitas sewa                                                  60.511       24            5.839          Lease liabilities
   Utang non-bank                                                  405.341       22          357.063          Non-bank loans
Pendapatan ditangguhkan                                            393.688       21          412.456       Deferred income
Liabilitas imbalan kerja jangka panjang                            112.392       36           92.341       Long-term employee benefits liability

Jumlah Liabilitas Jangka Panjang                                 4.513.585                 4.706.231       Total Noncurrent Liabilities

JUMLAH LIABILITAS                                                6.846.225                 7.263.909       TOTAL LIABILITIES

Ekuitas yang Dapat Diatribusikan kepada                                                                    Equity Attributable to Owners of
   Pemilik Entitas Induk                                                                                      the Parent Company
Modal Saham                                                                                                Capital Stock
   Modal dasar - 32.668.308.891 saham                                                                         Authorized - 32,668,308,891 shares
       nilai nominal Rp 100 (dalam Rupiah penuh)                                                                  with nominal value Rp 100 (in Rupiah full amount)
       Modal ditempatkan dan disetor -                                                                            Issued and fully paid -
       23.646.668.691 saham                                      2.364.667       27        2.364.667              23,646,668,691 shares
Tambahan modal disetor                                             726.236       28          726.236       Additional paid-in capital
Surplus revaluasi aset tetap                                       246.401                   324.195       Revaluation surplus of property and equipment
Saldo laba                                                                                                 Retained earnings
   Ditentukan penggunaannya                                         63.750       37           62.750          Appropriated
   Belum ditentukan penggunaannya                                3.788.029                 3.263.817          Unappropriated
Komponen ekuitas lainnya                                            55.721                    44.982       Others equity component

Jumlah Ekuitas yang Dapat Diatribusikan                                                                    Total Equity Attributable to Owners of
  kepada Pemilik Entitas Induk                                   7.244.804                 6.786.647          the Parent Company

Kepentingan Nonpengendali                                            669.326     29         603.591        Non-controlling interest
Jumlah Ekuitas                                                   7.914.130                 7.390.238       Total Equity

JUMLAH LIABILITAS DAN EKUITAS                                   14.760.355                14.654.147       TOTAL LIABILITIES AND EQUITY




Lihat catatan atas laporan keuangan konsolidasian yang merupakan                                 See accompanying notes to consolidated financial statements
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian.                               which are an integral part of the consolidated financial statements.



                                                                                 -2-
Page 247
PT MORA TELEMATIKA INDONESIA TBK DAN ENTITAS ANAK                                                      PT MORA TELEMATIKA INDONESIA TBK AND ITS SUBSIDIARIES
Laporan Laba Rugi dan Penghasilan Komprehensif Lain Konsolidasian                            Consolidated Statements of Profit or Loss and Other Comprehensive Income
Untuk Tahun-tahun yang Berakhir 31 Desember 2025 dan 2024                                                             For the Years Ended December 31 , 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah, kecuali Dinyatakan Lain)                                 (Figures are Presented in Millions Rupiah, unless Otherwise Stated)


                                                                            Catatan/
                                                           2025              Notes             2024

PENDAPATAN                                                  4.000.218         30                 3.978.188       REVENUES

BEBAN LANGSUNG                                              (1.633.138)       31                (1.652.355)      DIRECT COSTS

LABA KOTOR                                                  2.367.080                            2.325.833       GROSS PROFIT

BEBAN USAHA                                                 (1.247.796)       32                (1.259.772)      OPERATING EXPENSES

LABA USAHA                                                  1.119.284                            1.066.061       PROFIT FROM OPERATIONS

PENGHASILAN (BEBAN) LAIN-LAIN                                                                                    OTHER INCOME (EXPENSES)
Penghasilan bunga                                              47.917                               40.870       Interest income
Laba (rugi) selisih kurs - bersih                              32.423                               (5.705)      Gain (loss) on foreign exchange - net
Rugi pelepasan atau penjualan aset tetap                       (5.364)        13                    (3.668)      Loss on sale and disposal of property and equipment
Beban bunga dan keuangan                                     (520.059)        33                  (583.647)      Interest expense and financial charges
Lain-lain - bersih                                              6.097         34                     7.926       Others - net

Beban Lain-Lain - Bersih                                     (438.986)                            (544.224)      Other Expenses - Net

LABA SEBELUM PAJAK FINAL                                                                                         PROFIT BEFORE FINAL TAX
  DAN PAJAK PENGHASILAN                                       680.298                             521.837          AND INCOME TAX

Beban pajak final                                                 1.672                                 204      Final tax expense

LABA SEBELUM PAJAK PENGHASILAN                                678.626                             521.633        PROFIT BEFORE INCOME TAX

BEBAN (PENGHASILAN) PAJAK                                                     35                                 TAX EXPENSE (BENEFIT)
Pajak kini                                                    167.713                             264.211        Current tax
Pajak tangguhan                                                (4.943)                             (5.146)       Deferred tax

Beban Pajak - Bersih                                          162.770                             259.065        Tax Expense - Net

LABA TAHUN BERJALAN                                           515.856                             262.568        PROFIT FOR THE YEAR

PENGHASILAN (RUGI) KOMPREHENSIF LAIN                                                                             OTHER COMPREHENSIVE INCOME (LOSS)
                                                                                                                 Items that will not be reclassified subsequently
Pos yang tidak akan direklasifikasi ke laba rugi                                                                     to profit or loss
   Pajak tangguhan atas revaluasi aset tetap                      6.141       35                      (9.891)        Deferred tax on revaluation of Property and Equipment
                                                                                                                     Gain on revaluation of property and
   Keuntungan revaluasi aset tetap                                     -      13                  200.376                equipment
   Pengukuran kembali liabilitas imbalan pasti                    (9.707)     36                    3.723            Remeasurement of defined benefit liability
   Pajak atas pengukuran                                                                                             Tax relating to remeasurement of defined
      kembali liabilitas imbalan pasti                            2.117       35                       (776)             benefit liabilities

                                                                  (1.449)                         193.432

                                                                                                                 Items that will be reclassified subsequently
Pos yang akan direklasifikasi ke laba rugi                                                                           to profit and loss -
   Selisih kurs penjabaran kegiatan                                                                                  Exchange difference on translation of
       usaha luar negeri                                       10.739                              10.282                foreign operation

PENGHASILAN KOMPREHENSIF LAIN -                                                                                  OTHER COMPREHENSIVE INCOME -
  SETELAH PAJAK                                                   9.290                           203.714          NET OF TAX

JUMLAH PENGHASILAN KOMPREHENSIF                               525.146                             466.282        TOTAL COMPREHENSIVE INCOME

JUMLAH LABA TAHUN BERJALAN                                                                                       TOTAL PROFIT FOR THE YEAR
  YANG DAPAT DIATRIBUSIKAN KEPADA:                                                                                 ATTRIBUTABLE TO:
  Pemilik entitas induk                                       448.493                             245.472          Owners of the parent company
  Kepentingan non-pengendali                                   67.363         29                   17.096          Non-controlling interests

                                                              515.856                             262.568

JUMLAH PENGHASILAN KOMPREHENSIF                                                                                  TOTAL COMPREHENSIVE INCOME
  YANG DAPAT DIATRIBUSIKAN KEPADA:                                                                                 ATTRIBUTABLE TO:
  Pemilik entitas induk                                       458.157                             444.172          Owners of the parent company
  Kepentingan non-pengendali                                   66.989         29                   22.110          Non-controlling interests

                                                              525.146                             466.282

LABA PER SAHAM                                                                                                   EARNINGS PER SHARE
  Dasar (dalam Rupiah penuh)                                      18,97       38                      10,38        Basic (in Rupiah full amount)




Lihat catatan atas laporan keuangan konsolidasian yang merupakan                                        See accompanying notes to consolidated financial statements
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian.                                      which are an integral part of the consolidated financial statements.



                                                                                       -3-
Page 248
PT MORA TELEMATIKA INDONESIA TBK DAN ENTITAS ANAK                                                                                                                                                                                                                                                         PT MORA TELEMATIKA INDONESIA TBK AND ITS SUBSIDIARIES
Laporan Perubahan Ekuitas Konsolidasian                                                                                                                                                                                                                                                                                     Consolidated Statements of Changes in Equity
Untuk Tahun-tahun yang Berakhir 31 Desember 2025 dan 2024                                                                                                                                                                                                                                                             For the Years Ended December 31 , 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah, kecuali Dinyatakan Lain)                                                                                                                                                                                                                                 (Figures are Presented in Millions Rupiah, unless Otherwise Stated)
                                                                                           Ekuitas yang Dapat Diatribusikan kepada Pemilik Entitas Induk/ Equity Attributable to Owners of the Parent Company
                                                                                                                            Surplus
                                                                                                                           Revaluasi
                                                                                               Tambahan                    Aset Tetap/                                                   Saldo Laba/ Retained Earnings                                    Kepentingan
                                                                                             Modal disetor/               Revaluation                                                 Ditentukan            Belum Ditentukan                             Nonpengendali/
                                                          Catatan/     Modal Saham/         Additional paid in        Surplus of Property         Komponen Ekuitas Lainnya/         Pengunaannya/           Pengunaannya/          Jumlah Ekuitas/       Non-Controlling           Jumlah Ekuitas/
                                                            Notes      Capital Stock             Capital                 and Equipment            Others Equity Component            Appropriated           Unappropriated           Total Equity           Interests                Total Equity
Saldo Pada tanggal 1 Januari 2024                                             2.364.667                 726.236                       218.574                          34.700                 61.750                2.936.548              6.342.475               581.493                   6.923.968       Balance as of January 1, 2024
Penghasilan komprehensif                                                                                                                                                                                                                                                                                     Comprehensive income
  Laba tahun berjalan                                                                  -                         -                           -                                -                     -                 245.472                245.472                17.096                     262.568         Profit for the year
  Penghasilan komprehensif lain                                                                                                                                                                                                                                                                                Other comprehensive income
    Keuntungan revaluasi aset tetap                                                    -                         -                    195.526                               -                       -                          -             195.526                 4.850                     200.376           Gain on revaluation of property and equipment
    Dampak pajak atas revaluasi aset tetap                    13                       -                         -                     (9.891)                              -                       -                          -              (9.891)                    -                      (9.891)          Tax effect of revaluation property and equipment
    Selisih kurs penjabaran kegiatan usaha luar negeri                                 -                         -                          -                          10.282                       -                          -              10.282                     -                      10.282           Exchange difference on translation of foreign operation
    Pengukuran kembali liabilitas                                                                                                                                                                                                                                                                                Remeasurement of long-term
      imbalan kerja jangka panjang-bersih                     37                       -                         -                           -                                -                     -                     2.783                2.783                    164                      2.947              employee benefits liability - net
Jumlah penghasilan komprehensif                                                        -                         -                    185.635                          10.282                       -                 248.255                444.172                22.110                     466.282       Total comprehensive income
Transfer surplus revaluasi aset tetap ke saldo laba                                    -                         -                    (80.014)                                -                    -                     80.014                      -                     -                          -      Transfer from surplus revaluation to retained earnings
Pembentukan cadangan umum                                     37                       -                         -                          -                                 -                1.000                     (1.000)                     -                     -                          -      Appropriation for general reserve
Transaksi dengan pemilik                                                                                                                                                                                                                                                                                     Transactions with owners
   Deviden dari entitas anak                                                                                                                                                                                                                                                                                    Dividends paid by subsidiary to
     non pengendali                                                                    -                         -                           -                                -                     -                          -                     -                  (12)                        (12)           non controlling interest
Saldo Pada tanggal 31 Desember 2024                                           2.364.667                 726.236                       324.195                          44.982                 62.750                3.263.817              6.786.647               603.591                   7.390.236       Balance as of December 31, 2024
Penghasilan komprehensif                                                                                                                                                                                                                                                                                     Comprehensive income
  Laba tahun berjalan                                                                  -                         -                           -                                -                     -                 448.493                448.493                67.363                     515.856         Profit for the year
  Penghasilan (rugi) komprehensif lain                                                                                                                                                                                                                                                                         Other comprehensive income (loss)
    Dampak pajak atas revaluasi aset tetap                    13                       -                         -                       6.187                              -                       -                          -               6.187                    (46)                     6.141           Tax effect of revaluation property and equipment
    Selisih kurs penjabaran kegiatan usaha luar negeri                                 -                         -                           -                         10.739                       -                          -              10.739                      -                     10.739           Exchange difference on translation of foreign operation
    Pengukuran kembali liabilitas                                                                                                                                                                                                                                                                                Remeasurement of long-term
      imbalan kerja jangka panjang-bersih                     37                       -                         -                           -                                -                     -                    (7.262)              (7.262)                 (328)                      (7.590)            employee benefits liability - net
Jumlah penghasilan komprehensif                                                        -                         -                       6.187                         10.739                       -                 441.231                458.157                66.989                     525.146       Total comprehensive income
Transfer surplus revaluasi aset tetap ke saldo laba                                    -                         -                    (83.981)                                -                    -                     83.981                      -                     -                          -      Transfer from surplus revaluationto retained earnings
Pembentukan cadangan umum                                     37                       -                         -                          -                                 -                1.000                     (1.000)                     -                     -                          -      Appropriation for general reserve
Transaksi dengan pemilik                                                                                                                                                                                                                                                                                     Transactions with owners
   Deviden dari entitas anak kepada                                                                                                                                                                                                                                                                             Dividends paid by subsidiary to
     non pengendali                                                                    -                         -                           -                                -                     -                          -                     -              (1.254)                      (1.254)           non controlling interest
Saldo Pada tanggal 31 Desember 2025                                           2.364.667                 726.236                       246.401                          55.721                 63.750                3.788.029              7.244.804               669.326                   7.914.128       Balance as of December 31, 2025
Lihat catatan atas laporan keuangan konsolidasian yang merupakan                                                                                                                                                                                                               See accompanying notes to consolidated financial statements
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian.                                                                                                                                                                                                             which are an integral part of the consolidated financial statements.
                                                                                                                                                                            -4-
Page 249
PT MORA TELEMATIKA INDONESIA TBK DAN ENTITAS ANAK                                                              PT MORA TELEMATIKA INDONESIA TBK AND ITS SUBSIDIARIES
Laporan Arus Kas Konsolidasian                                                                                                             Consolidated Statements of Cash Flows
Untuk Tahun-tahun yang Berakhir 31 Desember 2025 dan 2024                                                                   For the Years Ended December 31 , 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah, kecuali Dinyatakan Lain)                                      (Figures are Presented in Millions Rupiah, unless Otherwise Stated)



                                                                                   Catatan/
                                                                     2025           Notes       2024

ARUS KAS DARI AKTIVITAS OPERASI                                                                                    CASH FLOWS FROM OPERATING ACTIVITIES
Penerimaan kas dari pelanggan                                         4.817.649                  5.822.041         Cash receipts from customers
Pembayaran kas kepada pemasok                                        (2.107.650)                (2.294.830)        Cash paid to suppliers
Pembayaran kas kepada karyawan                                         (456.255)                  (372.154)        Cash paid to employees

Kas dihasilkan dari operasi bersih                                    2.253.744                  3.155.057         Net cash generated from operations
Penerimaan bunga                                                         46.425                     36.948         Interest received
Penerimaan dari klaim asuransi                                            1.386                        545         Cash receipt from Insurance Claim
Pembayaran pajak penghasilan                                           (269.385)                  (394.240)        Income tax paid
Pembayaran bunga dan beban keuangan                                    (506.240)                  (579.271)        Interest and financial charges paid

Kas Bersih Diperoleh dari Aktivitas Operasi                           1.525.930                  2.219.039         Net Cash Provided by Operating Activities

ARUS KAS DARI AKTIVITAS INVESTASI                                                                                  CASH FLOWS FROM INVESTING ACTIVITIES
Hasil penjualan aset tetap                                                2.650      13              9.078         Proceeds from sale of property and equipment
Pencairan aset dibatasi penggunaannya                                         -                     19.000         Withdrawal of restricted asset
Penempatan aset yang dibatasi penggunaannya                                   -                    (16.000)        Placement in restricted assets
Perolehan aset tak berwujud                                             (61.476)     14            (15.576)        Acquisitions of intangible assets
Perolehan aset lain-lain                                               (164.536)                   (54.302)        Acquisitions of other assets
Perolehan aset tetap                                                 (1.324.125)    13,45         (887.076)        Acquisitions of property and equipment

Kas Bersih Digunakan untuk Aktivitas Investasi                       (1.547.487)                  (944.876)        Net Cash Used in Investing Activities

ARUS KAS DARI AKTIVITAS PENDANAAN                                                                                  CASH FLOWS FROM FINANCING ACTIVITIES
Penerimaan dari:                                                                                                   Proceeds from:
   Utang bank                                                         3.342.288                  1.586.578            Bank loans
   Utang non-bank                                                       100.000                    200.000            Non-bank loans
   Penerbitan sukuk ijarah                                                    -                    277.649            Issuance of sukuk ijarah
Pembayaran:                                                                                                        Payment of:
   Dividen entitas anak kepada kepentingan
       nonpengendali                                                          -                        (12)           Dividends of subsidiary to noncontrolling interest
   Liabilitas sewa                                                      (12.205)    24, 44         (11.135)           Lease liabilities
   Utang non-bank                                                       (32.468)    22, 44         (32.102)           Non-bank loans
   Sukuk ijarah                                                        (142.150)                (1.122.100)           Sukuk ijarah
   Utang bank                                                        (3.701.947)                (1.489.326)           Bank loans

Kas Bersih Digunakan untuk Aktivitas Pendanaan                         (446.482)                  (590.448)        Net Cash Used in Financing Activities

KENAIKAN (PENURUNAN) BERSIH                                                                                        NET INCREASE (DECREASE) IN
   KAS DAN SETARA KAS                                                  (468.039)                  683.715            CASH AND CASH EQUIVALENTS

                                                                                                                   CASH AND CASH EQUIVALENTS
KAS DAN SETARA KAS AWAL TAHUN                                         1.819.585                  1.135.724           AT THE BEGINNING OF THE YEAR



Selisih transaksi dalam mata uang asing                                 14.261                         146         Effect of changes in foreign exchange rates

                                                                                                                   CASH AND CASH EQUIVALENTS
KAS DAN SETARA KAS AKHIR TAHUN                                        1.365.807       5          1.819.585           AT THE END OF THE YEAR




Lihat catatan atas laporan keuangan konsolidasian yang merupakan                                              See accompanying notes to consolidated financial statements
bagian yang tidak terpisahkan dari laporan keuangan konsolidasian.                                            which are an integral part of the consolidated financial statements.



                                                                                          -5-
Page 250
PT MORA TELEMATIKA INDONESIA TBK                                               PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                  Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                    For the Years Ended
31 Desember 2025 dan 2024                                                                   December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                   (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                       unless Otherwise Stated)


 1.   Umum                                                         1.   General

      a.   Pendirian dan Informasi Umum                                 a.   Establishment and General Information

           PT Mora Telematika Indonesia Tbk                                  PT     Mora    Telematika    Indonesia   Tbk
           (Perusahaan) didirikan berdasarkan Akta                           (the Company) was established based on the
           No. 30 tanggal 8 Agustus 2000 dari Daniel                         Notarial Deed No. 30 dated August 8, 2000 of
           Parganda Marpaung, S.H., notaris di Jakarta.                      Daniel Parganda Marpaung, S.H., a public
           Akta pendirian tersebut telah disahkan oleh                       notary in Jakarta. The deed of Establishment
           Menteri Kehakiman dan Hak Asasi Manusia                           was approved by the Minister of Justice and
           Republik Indonesia dalam Surat Keputusan                          Human Rights of the Republic of Indonesia in
           No. C-25621.HT.01-01.TH.2000 tanggal                              his Decision Letter No. C-25621.HT.01-
           21 Desember 2000 dan diumumkan dalam                              01.TH.2000 dated December 21, 2000 and
           Berita Negara No. 58 tertanggal 20 Juli 2007.                     published in the State Gazette No. 58 dated
           Anggaran Dasar Perusahaan telah mengalami                         July 20, 2007. The Company's Articles of
           beberapa kali perubahan, terakhir dengan                          Association have been amended several times,
           Akta No. 18 tanggal 5 Juni 2025 dari Aulia                        most recently by Notarial Deed No. 18 dated
           Taufani, S.H., notaris di Jakarta, tentang                        June 5, 2025 of Aulia Taufani, S.H., a public
           perubahan pasal 3 Anggaran Dasar mengenai                         notary in Jakarta, regarding amendments to
           perubahan ruang lingkup kegiatan usaha                            Article 3 of the Articles of Association
           Perusahaan. Perubahan tersebut telah                              concerning changes to the scope of the
           disetujui oleh Menteri Hukum dan Hak Asasi                        Company's      business    activities. These
           Manusia Republik Indonesia dalam Surat                            amendments were approved by the Minister of
           Keputusannya No. AHU-0134200.AH.01.11.                            Law and Human Rights of the Republic of
           Tahun 2025 tanggal 18 Juni 2025.                                  Indonesia in his Decision Letter No. AHU-
                                                                             0134200.AH.01.11. Tahun 2025 dated June 18,
                                                                             2025.

           Sesuai dengan pasal 3 Anggaran Dasar                              In accordance with article 3 of the Company's
           Perusahaan, ruang lingkup kegiatan utama                          Articles of Association, the scope of its activities
           Perusahaan adalah menjalankan usaha di                            is mainly to engage in the business of
           bidang jasa teknologi dan telekomunikasi,                         technology and telecommunication services,
           pengembang,         perdagangan,       industri                   developer, trading, computer industry, mining,
           komputer,     pertambangan,      transportasi,                    transportation, agricultural, printing and
           pertanian, percetakan dan perbengkelan. Saat                      maintenance. The Company is currently
           ini Perusahaan menjalankan bidang usaha                           engaged in the internet, rental link of
           internet, sewa jaringan interkoneksi, domestik                    interconnection, domestic and international. The
           maupun international. Perusahaan menjual                          Company sells its products in domestic and
           produknya di pasar lokal dan luar negeri.                         foreign markets.

           Perusahaan mulai beroperasi pada tahun                            The Company started its commercial operations
           2001. Perusahaan berdomisili di Jakarta dan                       in 2001. The Company is domiciled in Jakarta
           alamat kantor di Graha 9 Lantai 1, 2, dan 6,                      and its office is located at Graha 9 Building 1st,
           Jalan Penataran No. 9 Menteng, Jakarta                            2nd, and 6th floor, Jalan Penataran No. 9
           Pusat 10320.                                                      Menteng, Jakarta Pusat 10320.

           Entitas    Induk     Perusahaan      adalah                       The Parent Company is PT Candrakarya
           PT Candrakarya Multikreasi. Pemegang                              Multikreasi. Farida Bau is the ultimate
           saham akhir Perusahaan dan entitas anak                           shareholder of the Company and its subsidiaries
           (selanjutnya disebut sebagai Grup) adalah                         (herein after referred to as the Group). The
           Farida Bau. Grup melakukan kegiatan                               Group conducts its operations in Indonesia and
           operasionalnya di Indonesia dan Singapura.                        Singapore.




Draft/March 28, 2026                                         -6-                                                           paraf:
Page 251
PT MORA TELEMATIKA INDONESIA TBK                                                                                                PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                                                                 AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                                   Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                                     For the Years Ended
31 Desember 2025 dan 2024                                                                                                                    December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                                                                    (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                                                                        unless Otherwise Stated)



      b.   Penawaran Umum Perdana Saham (“IPO”)                                                                       b.          The Company’s Initial Public Offering of
           Perusahaan                                                                                                             Shares (“IPO”)

           Pada tanggal 29 Juli 2022, Perusahaan                                                                                  On July 29, 2022, the Company obtained the
           memperoleh        Surat      Pemberitahuan                                                                             Notification Letter of Statement of Effective
           Efektif       Pernyataan         Pendaftaran                                                                           Registration No. S-06421/BEI.PP2/08-2022
           No. S-06421/BEI.PP2/08-2022 dari Otoritas                                                                              from Financial Services Authority (“OJK”) to
           Jasa Keuangan (“OJK”) untuk melaksanakan                                                                               conduct an IPO of 2,525,464,300 shares to the
           IPO sebanyak 2.525.464.300 lembar saham                                                                                public with par value of Rp 100 (full amount) per
           dengan nilai nominal Rp 100 (nilai penuh) per                                                                          share at an offering price of Rp 396 (full
           lembar saham dan harga penawaran sebesar                                                                               amount) per share on August 2, 2022. All of the
           Rp 396 (nilai penuh) per lembar saham pada                                                                             shares offered to the public in the IPO were new
           tanggal 2 Agustus 2022. Seluruh saham yang                                                                             shares issued by the Company. The Company’s
           ditawarkan ke masyarakat pada saat IPO                                                                                 shares were listed and traded at the IDX on
           berasal dari saham baru yang diterbitkan                                                                               August 8, 2022.
           Perusahaan. Saham Perusahaan dicatatkan
           dan diperdagangkan di BEI pada tanggal
           8 Agustus 2022.

           Pada tanggal 31 Desember 2025 dan 2024,                                                                                As of December 31, 2025 and 2024, all of the
           seluruh saham Perusahaan yang ditempatkan                                                                              Company’s fully paid and issued shares totaling
           dan disetor penuh berjumlah 23.646.668.691                                                                             to 23,646,668,691 shares are listed on the
           saham telah dicatatkan pada Bursa Efek                                                                                 Indonesia Stock Exchange.
           Indonesia.

      c.   Entitas Anak yang Dikonsolidasikan                                                                         c.          Consolidated Subsidiaries

           Pada tanggal 31 Desember 2025 dan                                                                                      As     of   December       31,    2025     and
           2024 entitas anak yang dikonsolidasikan                                                                                2024, the subsidiaries which were consolidated,
           termasuk      persentase       kepemilikan                                                                             including the respective percentages of
           Perusahaan, adalah sebagai berikut:                                                                                    ownership held by the Company, are as follows:
                                                                                                                      Tahun awal        Persentase Kepemilikan/    Jumlah Aset (Sebelum Eliminasi)/
                                                                                                                       Operasi/         Percentage of Ownership     Total Assets (Before Elimination)
                                                                                                                       Start of      31 Desember/ 31 Desember/    31 Desember/          31 Desember/
                                Entitas Anak/                         Domisili/             Jenis Usaha/              Commercial     December 31, December 31,    December 31,          December 31,
                                Subsidiaries                          Domicile           Nature of Business           Operations          2025 dan/and 2024           2025                   2024

            Entitas anak langsung/
            Directed owned subsidiaries

            Moratel International Pte, Ltd.                          Singapura/          Jasa teknologi dan                2008               100,00%                    518.067               413.046
              (MIPL)                                                 Singapore              telekomunikasi/
                                                                                          Technology and
                                                                                          telecommunication
                                                                                                services


            PT Palapa Ring Barat (PRB)                               Indonesia/          Jasa teknologi dan                2016               98,90%                     802.431               895.312
                                                                     Indonesia              telekomunikasi/
                                                                                          Technology and
                                                                                          telecommunication
                                                                                                services

            PT Palapa Timur Telematika (PTT)                         Indonesia/          Jasa teknologi dan                2016               70,00%                   3.598.126             4.040.706
                                                                     Indonesia              telekomunikasi/
                                                                                          Technology and
                                                                                          telecommunication
                                                                                                services
            PT Oxygen Multimedia                                     Indonesia/             Televisi kabel/                2015               99,96%                     192.006               199.045
               Indonesia (OMI)                                       Indonesia             Cable television

            PT Indo Pratama Teleglobal (IPT)                         Indonesia/          Jasa teknologi dan                1999               65,00%                     344.319               596.667
                                                                     Indonesia              telekomunikasi/
                                                                                          Technology and
                                                                                          telecommunication
                                                                                                services
            Entitas anak tidak langsung
            melalui OMI/Indirect own subsidiary
            through OMI
                PT Oxygen Infrastruktur                              Indonesia/      Pembangunan sarana dan                2016               99,96%                      81.158               102.864
                  Indonesia (OII)                                    Indonesia           prasaranan jaringan
                                                                                           telekomunikasi/
                                                                                      Construction of facilities
                                                                                         and infrastructure of
                                                                                       communication networks

            *) Kepemilikan langsung di OII sebesar 0.04%/ The Company's direct ownership interest in OII is 0,04% .




Draft/March 28, 2026                                                                            -7-                                                                                             paraf:
Page 252
PT MORA TELEMATIKA INDONESIA TBK                                             PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                              AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                  For the Years Ended
31 Desember 2025 dan 2024                                                                 December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                 (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                     unless Otherwise Stated)



           Informasi keuangan entitas anak yang dimiliki                   Financial information of PTT that has material
           oleh kepentingan nonpengendali dalam jumlah                     non-controlling interest as of December 31,
           material pada tanggal 31 Desember 2025 dan                      2025 and 2024 follows:
           2024 adalah sebagai berikut:

                                                                  2025
                                                     Kepentingan Nonpengendali/
                                                       Non-controlling Interest
                                                    Bagian Kepentingan                                     Bagian penghasilan
                       Nama entitas anak               Kepemilikan/             Saldo Akumulasi/         komprehensif/ Share in
                       Name of Subsidiary           Equity Interest Held      Accumulated Balance        comprehensive income
                                                             %
           PTT                                               30                           601.587                       90.778

                                                                  2024
                                                     Kepentingan Nonpengendali/
                                                       Non-controlling Interest
                                                    Bagian Kepentingan                                     Bagian penghasilan
                       Nama entitas anak               Kepemilikan/             Saldo Akumulasi/         komprehensif/ Share in
                       Name of Subsidiary           Equity Interest Held      Accumulated Balance        comprehensive income
                                                             %
           PTT                                               30                           510.809                       14.734

           Berikut adalah ringkasan informasi keuangan                     The summarized financial information of PTT is
           dari PTT. Jumlah-jumlah tersebut sebelum                        provided below. This information is based on
           dieliminasi dengan transaksi antar entitas                      amounts before inter-company eliminations.
           dalam Grup.

           Ringkasan   laporan posisi keuangan                             Summarized    statements of   financial
           pada tanggal 31 Desember 2025 dan                               position as of December 31, 2025 and
           2024:                                                           2024:

                                                  2025                    2024

           Aset lancar                               1.527.572              1.716.122     Current assets
           Aset tidak lancar                         2.070.554              2.324.584     Noncurrent assets

           Jumlah Aset                               3.598.126              4.040.706     Total Assets

           Liabilitas jangka pendek                   721.366                 735.163     Current liabilities
           Liabilitas jangka panjang                  871.470               1.602.845     Noncurrent liabilities

           Jumlah liabilitas                         1.592.836              2.338.008     Total liabilities

           Jumlah ekuitas                            2.005.290              1.702.698     Total equity

           Teratribusikan pada:                                                           Attributable to:
              Pemilik entitas induk                  1.403.703              1.191.889         Owners of parent company
              Kepentingan nonpengendali                601.587                510.809         Non-controlling interest




Draft/March 28, 2026                                       -8-                                                             paraf:
Page 253
PT MORA TELEMATIKA INDONESIA TBK                                            PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
31 Desember 2025 dan 2024                                                                December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                    unless Otherwise Stated)



           Ringkasan laporan laba rugi dan penghasilan                    Summarized statements of profit or loss
           komprehensif lain untuk tahun-tahun yang                       and other comprehensive income for
           berakhir 31 Desember 2025 dan 2024 adalah                      the years ended December 31, 2025 and 2024
           sebagai berikut:                                               are as follows:

                                                   2025                   2024

            Pendapatan                                   851.123              729.459     Revenues

            Laba sebelum pajak                           368.542              203.835     Profit before tax

            Penghasilan (rugi)
               komprehensif lain                             (761)                 362    Other comprehensive income (loss)

            Jumlah penghasilan komprehensif              302.592                 49.112   Total comprehensive income

            Teratribusikan pada kepentingan                                               Attributable to non-controlling
               non pengendali                             90.778                 14.734       interests


           Ringkasan informasi arus kas untuk                             Summarized cash flow information for the years
           tahun-tahun yang berakhir 31 Desember 2025                     ended December 31, 2025 and 2024 are as
           dan 2024 adalah sebagai berikut:                               follows:

                                                  2025                    2024

            Operasi                                        580.669           1.006.132    Operating
            Investasi                                        (776)           (271.854)    Investing
            Pendanaan                                    (735.976)           (545.976)    Financing
            Kenaikan (penurunan) bersih kas              (156.083)           188.302      Net increase (decrease) cash


      d.   Dewan Komisaris, Direksi, dan Karyawan                    d.   Board of Commissioners, Directors, and
                                                                          Employees

           Pada tanggal 31 Desember 2025 dan 2024,                        As of December 31, 2025 and 2024, based on
           berdasarkan Akta No. 58 tanggal 14 Maret                       Deed No. 58 dated March 14, 2023 of Aulia
           2023 dibuat dihadapan Aulia Taufani, S.H.,                     Taufani, S.H., public notary in Jakarta,
           notaris di Jakarta, susunan pengurus                           the Company’s management consists of
           Perusahaan adalah sebagai berikut:                             the following:

            Komisaris                                                                          Board of Commissioners
            Komisaris Utama      :                Indra Nathan Kusnadi                       : President Commissioner
            Komisaris            :             Doktorandus Karim Panjaitan                   : Commissioner
            Komisaris Independen :                 Kanaka Puradiredja                        : Independent Commissioner

            Direktur                                                                           Directors
            Direktur Utama       :                    Jimmy Kadir                            : President Director
            Wakil Direktur Utama :                 Genta Andhika Putra                       : Vice President Director

           Susunan    Komite       Audit Perusahaan                       As of December 31, 2025 and 2024, the
           pada tanggal 31 Desember 2025 dan 2024                         Company’s Audit comittee is composed of the
           adalah sebagai berikut:                                        following:

            Ketua                  :              Kanaka Puradiredja                      : Chairman
            Anggota                :              Nenden Purwitasari                      : Members
                                                       Mulyadi

           Kepala Audit Internal Perusahaan pada                          As at December 31, 2025 and 2024, the head of
           tanggal 31 Desember 2025 dan 2024 adalah                       the Company’s Internal Audit is Bernardus
           Bernardus Wenzel Gunardi.                                      Wenzel Gunardi.

Draft/March 28, 2026                                       -9-                                                              paraf:
Page 254
PT MORA TELEMATIKA INDONESIA TBK                                               PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                  Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                    For the Years Ended
31 Desember 2025 dan 2024                                                                   December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                   (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                       unless Otherwise Stated)



           Sekretaris Perusahaan   pada    tanggal                           As of December 31, 2025 and 2024, the
           31 Desember 2025 dan 2024 adalah Henry                            Company’s     Corporate Secretary   is
           Rizard Rumopa.                                                    Henry Rizard Rumopa.

           Pada tanggal 31 Desember 2025 dan                                 As of December 31, 2025 and 2024, the
           2024, Perusahaan dan entitas anaknya                              Company and its subsidiaries have 1,498 and
           memiliki masing-masing 1.498 dan 1.517                            1,517 employees, respectively (unaudited).
           karyawan (tidak diaudit).

      e.   Penyelesaian       Laporan       Keuangan                    e.   Completion     of   Consolidated     Financial
           Konsolidasian                                                     Statements

           Laporan       keuangan        konsolidasian                       The consolidated financial statements of
           PT Mora Telematika Indonesia Tbk dan                              PT Mora Telematika Indonesia Tbk and its
           entitas anak untuk tahun yang berakhir                            subsidiaries for the year ended December 31,
           31 Desember 2025, telah diselesaikan dan                          2025 were completed and authorized for
           diotorisasi untuk terbit pada tanggal                             issuance on March 30, 2026 by the Company’s
           30 Maret 2026 oleh Direksi Perusahaan yang                        Directors who are responsible for the
           bertanggung jawab atas penyusunan dan                             preparation    and     presentation of   the
           penyajian laporan keuangan konsolidasian                          consolidated financial statements.
           tersebut.

      2. Informasi Kebijakan Akuntansi Material                    2.   Material Accounting Policy Information

      a.   Dasar Penyusunan dan Pengukuran                              a.   Basis of Consolidated Financial Statements
           Laporan Keuangan Konsolidasian                                    Preparation and Measurement

           Laporan keuangan konsolidasian disusun dan                        The consolidated financial statements have
           disajikan dengan menggunakan Standar                              been prepared and presented in accordance
           Akuntansi Keuangan di Indonesia, meliputi                         with Indonesian Financial Accounting Standards
           pernyataan dan interpretasi yang diterbitkan                      “SAK”, which comprise the statements and
           oleh Dewan Standar Akuntansi Keuangan                             interpretations issued by the Board of Financial
           Ikatan Akuntan Indonesia (IAI), Dewan                             Accounting Standards of the Institute of
           Standar Akuntansi Syariah IAI, dan Peraturan                      Indonesia Chartered Accountants (IAI), Board of
           OJK No. VIII.G.7 tentang “Penyajian dan                           Sharia Accountants of IAI, and OJK Regulation
           Pengungkapan Laporan Keuangan Emiten                              No. VIII.G.7 “regarding “Presentation and
           atau Perusahaan Publik”.                                          Disclosures of Public Companies Financial
                                                                             Statements”. Such consolidated financial
                                                                             statements are an English translation of the
                                                                             Group’s statutory report in Indonesia.

           Dasar pengukuran laporan keuangan                                 The measurement basis used is the historical
           konsolidasian ini adalah konsep biaya                             cost, except for certain accounts which are
           perolehan, kecuali beberapa akun tertentu                         measured on the bases described in the related
           disusun berdasarkan pengukuran lain,                              accounting policies. The consolidated financial
           sebagaimana diuraikan dalam kebijakan                             statements, except for the consolidated
           akuntansi masing-masing akun tersebut.                            statements of cash flows, are prepared under
           Laporan keuangan konsolidasian ini disusun                        the accrual basis of accounting.
           dengan metode akrual, kecuali laporan arus
           kas konsolidasian.

           Laporan arus kas konsolidasian disusun                            The consolidated statements of cash flows are
           dengan menggunakan metode langsung                                prepared using the direct method with
           dengan mengelompokkan arus kas dalam                              classifications of cash flows into operating,
           aktivitas operasi, investasi, dan pendanaan.                      investing, and financing activities.




Draft/March 28, 2026                                      - 10 -                                                       paraf:
Page 255
PT MORA TELEMATIKA INDONESIA TBK                                            PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
31 Desember 2025 dan 2024                                                                December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                    unless Otherwise Stated)



           Kebijakan akuntansi yang diterapkan                            The accounting policies adopted in the
           dalam penyusunan laporan keuangan                              preparation of the consolidated financial
           konsolidasian untuk tahun yang berakhir                        statements     for    the      year     ended
           31 Desember 2025 adalah konsisten dengan                       December 31, 2025 are consistent with those
           kebijakan akuntansi yang diterapkan dalam                      adopted in the preparation of the consolidated
           penyusunan laporan keuangan konsolidasian                      financial statements for the year ended
           untuk tahun yang berakhir 31 Desember 2024.                    December 31, 2024.

           Mata    uang yang digunakan         dalam                      The currency used in the preparation of the
           penyusunan dan penyajian laporan keuangan                      consolidated financial statements is the
           konsolidasian adalah mata uang Rupiah (Rp)                     Indonesian Rupiah (Rp), which is also the
           yang juga merupakan mata uang fungsional                       functional currency of the Company.
           Perusahaan.

      b.   Prinsip Konsolidasi                                       b.   Principles of Consolidation

           Laporan keuangan konsolidasian meliputi                        The     consolidated    financial  statements
           laporan keuangan Perusahaan dan entitas-                       incorporate the financial statements of the
           entitas (termasuk entitas terstruktur) yang                    Company and entities (including structured
           dikendalikan oleh Perusahaan dan entitas                       entities) controlled by the Company and its
           anak (Grup). Pengendalian diperoleh apabila                    subsidiaries (the Group). Control is achieved
           Grup memiliki seluruh hal berikut ini:                         when the Group has all the following:

           •   kekuasaan atas investee;                                   •   power over the investee;
           •   eksposur atau hak atas imbal hasil                         •   is exposed, or has rights, to variable
               variabel dari keterlibatannya dengan                           returns from its involvement with the
               investee; dan                                                  investee; and
           •   kemampuan       untuk    menggunakan                       •   the ability to use its power to affect its
               kekuasaannya atas investee untuk                               returns.
               mempengaruhi jumlah imbal hasil Grup.

           Pengkonsolidasian entitas anak dimulai pada                    Consolidation of a subsidiary begins when the
           saat Grup memperoleh pengendalian atas                         Group obtains control over the subsidiary and
           entitas anak dan berakhir pada saat Grup                       ceases when the Group losses control of the
           kehilangan pengendalian atas entitas anak.                     subsidiary. Specifically, income and expenses
           Secara khusus, penghasilan dan beban                           of a subsidiary acquired or disposed of during
           entitas anak yang diakuisisi atau dilepaskan                   the year are included in the consolidated
           selama tahun berjalan termasuk dalam                           statement of profit or loss and other
           laporan    laba    rugi   dan penghasilan                      comprehensive income from the date the Group
           komprehensif lain konsolidasian sejak tanggal                  gains control until the date when the Group
           Grup memperoleh pengendalian sampai                            ceases to control the subsidiary.
           dengan       tanggal    Grup      kehilangan
           pengendalian atas entitas anak.

           Seluruh aset dan liabilitas, ekuitas,                          All intragroup assets and liabilities, equity,
           penghasilan, beban dan arus kas dalam intra                    income, expenses and cash flows relating to
           kelompok usaha terkait dengan transaksi antar                  transactions between members of the Group
           entitas dalam Grup dieliminasi secara penuh                    are eliminated in full on consolidation.
           dalam laporan keuangan konsolidasian.

           Laba rugi dan setiap komponen penghasilan                      Profit or loss and each component of other
           komprehensif lain diatribusikan kepada pemilik                 comprehensive income are attributed to the
           Perusahaan dan kepentingan nonpengendali                       owners of the Company and to the non-
           (KNP) meskipun hal tersebut mengakibatkan                      controling interest (NCI) even if this results in
           KNP memiliki saldo defisit.                                    the NCI having a deficit balance.




Draft/March 28, 2026                                        - 11 -                                                   paraf:
Page 256
PT MORA TELEMATIKA INDONESIA TBK                                              PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                               AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                 Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                   For the Years Ended
31 Desember 2025 dan 2024                                                                  December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                  (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                      unless Otherwise Stated)



           KNP disajikan dalam laporan laba rugi dan                        NCI are presented in the consolidated
           penghasilan komprehensif lain konsolidasian                      statement of profit or loss and other
           dan dalam ekuitas pada laporan posisi                            comprehensive income and under the equity
           keuangan konsolidasian, terpisah dari bagian                     section of the consolidated statement of
           yang dapat diatribusikan kepada pemilik                          financial position, separately from the
           Entitas Induk.                                                   corresponding portion attributable to owners of
                                                                            the Parent Company.

           Transaksi dengan KNP yang tidak                                  Transactions with NCI that do not result in loss
           mengakibatkan hilangnya pengendalian                             of control are accounted for as equity
           dicatat sebagai transaksi ekuitas. Selisih                       transactions. The difference between the fair
           antara nilai wajar imbalan yang dialihkan                        value of any consideration paid and the relevant
           dengan bagian relatif atas nilai tercatat aset                   share acquired of the carrying value of net
           bersih entitas anak yang diakuisisi dicatat di                   assets of the subsidiary is recorded in equity.
           ekuitas. Keuntungan atau kerugian dari                           Gains or losses on disposals to NCI are also
           pelepasan kepada KNP juga dicatat di ekuitas.                    recorded in equity.

      c.   Penjabaran Mata Uang Asing                                 c.    Foreign Currency Translation

           Mata Uang Fungsional dan Pelaporan                               Functional and Reporting Currencies

           Akun-akun yang tercakup dalam laporan                            Items included in the financial statements of
           keuangan setiap entitas dalam Grup diukur                        each of the Group’s companies are measured
           menggunakan mata uang dari lingkungan                            using the currency of the primary economic
           ekonomi utama dimana entitas beroperasi                          environment in which the entity operates
           (mata uang fungsional).                                          (the functional currency).

           Laporan keuangan konsolidasian disajikan                         The consolidated financial statements are
           dalam Rupiah, yang merupakan mata uang                           presented in Rupiah which is the Company’s
           fungsional Perusahaan dan mata uang                              functional and the Group’s presentation
           penyajian Grup.                                                  currency.

           Transaksi dan Saldo                                              Transactions and Balances

           Transaksi dalam mata uang asing dijabarkan                       Foreign currency transactions are translated
           kedalam mata uang fungsional menggunakan                         into the functional currency using the exchange
           kurs pada tanggal transaksi. Keuntungan atau                     rates prevailing at the dates of the transactions.
           kerugian selisih kurs yang timbul dari                           Foreign exchange gains and losses resulting
           penyelesaian transaksi dan dari penjabaran                       from the settlement of such transactions and
           pada kurs akhir tahun atas aset dan liabilitas                   from the translation at year end exchange rates
           moneter dalam mata uang asing diakui dalam                       of monetary assets and liabilities denominated
           laba rugi.                                                       in foreign currencies are recognized in profit or
                                                                            loss.

           Pada tanggal 31 Desember 2025 dan                                As of December 31, 2025 and 2024, the
           2024, kurs konversi yakni kurs tengah Bank                       conversion rates used by the Group were the
           Indonesia, yang digunakan oleh Grup adalah                       middle rates of Bank Indonesia as follows:
           sebagai berikut:
                                                       2025                    2024
                                              (Dalam Rupiah Penuh/    (Dalam Rupiah Penuh/
                                                  In Full Rupiah          In Full Rupiah

            1 Dolar Amerika Serikat (USD)                    16.782                 16.162    1 United States (USD)
            1 Dolar Singapura (SGD)                          13.069                 11.919    1 Singapore Dollar (SGD)
            1 Euro (Eur)                                     19.753                 16.851    1 Euro (Eur)
            1 Yen Jepang (JPY)                                  108                    102    1 Japanese Yen (JPY)




Draft/March 28, 2026                                        - 12 -                                                       paraf:
Page 257
PT MORA TELEMATIKA INDONESIA TBK                                                 PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                  AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                    Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                      For the Years Ended
31 Desember 2025 dan 2024                                                                     December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                     (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                         unless Otherwise Stated)



           Kelompok Usaha Grup                                                 Group’s Companies

           Hasil usaha dan posisi keuangan dari                                The results and financial position of all the
           kelompok usaha Grup yang memiliki mata                              Group’s companies that have a functional
           uang fungsional yang berbeda dengan mata                            currency different from the reporting currency
           uang pelaporan, dijabarkan pada mata uang                           are translated into the reporting currency as
           pelaporan sebagai berikut:                                          follows:

           a. aset dan liabilitas dari setiap laporan posisi                    a. assets and liabilities for each statement of
              keuangan yang disajikan, dijabarkan pada                             financial position presented are translated at
              kurs penutup pada tanggal laporan posisi                             the closing rate at the date of that statement
              keuangan;                                                            of financial position;

           b. penghasilan dan beban untuk setiap                                b. income and expenses for each statement of
              laporan laba rugi dijabarkan menggunakan                             income are translated at average exchange
              kurs rata-rata; dan                                                  rates; and

           c. seluruh selisih kurs yang timbul diakui                           c. all resulting exchange differences are
              sebagai komponen ekuitas yang terpisah.                              recognized as a separate component of
                                                                                   equity.

           Mata uang fungsional dari Moratel                                   The functional currency of Moratel International
           International Pte. Ltd. (MIPL) adalah Dolar                         Pte. Ltd. (MIPL) is U.S. Dollar. The financial
           Amerika Serikat. Laporan keuangan MIPL                              statements of MIPL was translated into
           telah dijabarkan kedalam mata uang                                  reporting currency using the following exchange
           pelaporan dengan mengunakan kurs berikut                            rates:
           ini:

                                                         2025                     2024
                                                (Dalam Rupiah Penuh/     (Dalam Rupiah Penuh/
                                                    In Full Rupiah           In Full Rupiah

            Akun-akun laporan posisi keuangan                                                    Statement of financial position accounts
               Dolar Amerika Serikat (USD)                      16.782                 16.612       United States Dollar (USD)
            Akun-akun laporan laba rugi dan                                                      Statement of profit or loss and other
               penghasilan komprehensif lain                                                        comprehensive income accounts
               Dolar Amerika Serikat (USD)                      16.472                 15.789       United States Dollar (USD)

           Selisih kurs yang timbul dari penjabaran                            The translation of the net investment in foreign
           investasi neto dalam kegiatan usaha luar                            entity is taken to equity. When a foreign
           negeri disajikan dalam ekuitas. Jika kegiatan                       operation is sold, exchange differences arising
           usaha luar negeri tersebut dilepaskan, maka                         from the translation of the net investment in
           selisih kurs yang berasal dari penjabaran                           such foreign operation taken to equity are
           investasi neto dalam kegiatan usaha luar                            recognized in profit or loss, as part of the gain or
           negeri tersebut, yang sebelumnya disajikan                          loss on sale.
           dalam ekuitas, diakui dalam laba rugi, sebagai
           bagian dari keuntungan atau kerugian
           penjualan.

      d.   Transaksi Pihak Berelasi                                      d.    Transactions with Related Parties

           Orang atau entitas dikategorikan sebagai                            A person or entity is considered a related party
           pihak berelasi Grup apabila memenuhi definisi                       of the Group if it meets the definition of a related
           pihak berelasi berdasarkan PSAK No. 224                             party in PSAK No. 224 “Related Party
           “Pengungkapan Pihak-pihak Berelasi”.                                Disclosures”.

           Semua transaksi signifikan dengan pihak                             All significant transactions with related parties
           berelasi telah diungkapkan dalam laporan                            are disclosed in the consolidated financial
           keuangan konsolidasian.                                             statements.




Draft/March 28, 2026                                           - 13 -                                                          paraf:
Page 258
PT MORA TELEMATIKA INDONESIA TBK                                              PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                               AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                 Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                   For the Years Ended
31 Desember 2025 dan 2024                                                                  December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                  (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                      unless Otherwise Stated)


      e.   Klasifikasi Lancar dan Tidak Lancar                         e.   Current and Noncurrent Classification

           Grup menyajikan aset dan liabilitas dalam                        The Group presents assets and liabilities in the
           laporan posisi keuangan konsolidasian                            consolidated statement of financial position
           berdasarkan klasifikasi lancar/tidak lancar.                     based on current/non-current classification. An
           Suatu aset disajikan lancar bila:                                asset is current when it is:

            i. akan direalisasi, dijual atau dikonsumsi                       i. expected to be realized or intended to be
               dalam siklus operasi normal,                                      sold or consumed in the normal operating
                                                                                 cycle,
            ii. untuk diperdagangkan, atau                                   ii. held primarily for the purpose of trading, or
           iii. akan direalisasi dalam 12 bulan setelah                     iii. expected to be realized within 12 months
                tanggal pelaporan, atau kas atau setara                          after the reporting period, or cash or cash
                kas, kecuali yang dibatasi penggunaannya                         equivalents unless restricted from being
                atau akan digunakan untuk melunasi suatu                         exchanged or used to settle a liability for at
                liabilitas dalam paling lambat 12 bulan                          least 12 months after the reporting period.
                setelah tanggal pelaporan.

           Seluruh aset lain diklasifikasikan sebagai tidak                 All other assets are classified as noncurrent.
           lancar.

           Suatu liabilitas disajikan jangka pendek bila:                   A liability is current when it is:

            i. akan dilunasi dalam siklus operasi normal,                     i. expected to be settled in the normal
                                                                                 operating cycle,
            ii. untuk diperdagangkan,                                        ii. held primarily to the purpose of trading,
           iii. akan dilunasi dalam 12 bulan setelah                        iii. due to be settled within 12 months after the
                tanggal pelaporan, atau                                          reporting period, or
           iv. tidak ada hak pada akhir periode                             iv. there is no right to at the end of the
                pelaporan      untuk     menangguhkan                            reporting period to defer the settlement of
                pelunasannya dalam paling tidak 12 bulan                         the liability for at least 12 months after the
                setelah tanggal pelaporan.                                       reporting period.

           Seluruh liabilitas lain diklasifikasikan sebagai                 All other liabilities are classified as noncurrent.
           jangka panjang.

      f.   Kas dan Setara Kas                                          f.   Cash and Cash Equivalents

           Kas terdiri dari kas dan bank. Setara kas                        Cash consists of cash on hand and in banks.
           adalah semua investasi yang bersifat jangka                      Cash equivalents are short-term, highly liquid
           pendek dan sangat likuid yang dapat segera                       investments that are readily convertible to
           dikonversikan menjadi kas dengan jatuh                           known amounts of cash with original maturities
           tempo dalam waktu tiga (3) bulan atau kurang                     of three (3) months or less from the date of
           sejak tanggal penempatannya dan yang tidak                       placements, and which are not used as
           dijaminkan serta tidak dibatasi pencairannya.                    collateral and are not restricted.

      g.   Aset yang Dibatasi Penggunaannya                            g.   Restricted Assets

           Deposito    berjangka   yang     dibatasi                        Time deposits with restricted usage from the
           penggunaannya sejak tanggal penempatan                           date of placement, are used by the Group as
           yang digunakan Grup sebagai dana jaminan                         collateral fund and recorded as “Restricted
           dicatat sebagai “Aset yang Dibatasi                              Assets”.
           Penggunaannya”.

      h.   Instrumen Keuangan                                          h.   Financial Instruments

           Grup menerapkan PSAK No. 109, Instrumen                          The Group has applied PSAK No. 109,
           Keuangan, mengenai pengaturan instrumen                          Financial Instruments, which set the
           keuangan terkait klasifikasi dan pengukuran,                     requirements    in    classification     and
           penurunan nilai atas instrumen keuangan.                         measurement, impairment in value of financial
                                                                            assets.




Draft/March 28, 2026                                          - 14 -                                                     paraf:
Page 259
PT MORA TELEMATIKA INDONESIA TBK                                         PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                            Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
31 Desember 2025 dan 2024                                                             December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                             (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)



           Pada tanggal 31 Desember 2025 dan                           As December 31, 2025 and 2024, the Group
           2024, Grup memiliki instrumen keuangan pada                 has financial instruments under financial assets
           kategori aset dan liabilitas keuangan yang                  and liabilities at amortized cost and financial
           diukur pada biaya perolehan diamortisasi serta              assets at fair value through profit or loss. Thus,
           aset keuangan yang diukur pada nilai wajar                  accounting policies related to financial assets at
           melalui laba rugi. Oleh karena itu, kebijakan               fair value through other comprehensive income
           akuntansi terkait dengan instrumen keuangan                 and financial liabilitas at fair value through profit
           dalam kategori aset keuangan yang diukur                    or loss were not disclosed.
           pada nilai wajar melalui penghasilan
           komprehensif lain dan liabilitas keuangan yang
           diukur pada nilai wajar melalui laba rugi, tidak
           diungkapkan.

           Aset Keuangan                                               Financial Assets

           Grup mengklasifikasikan aset keuangan                       The Group classifies its financial assets in
           sesuai dengan PSAK No. 109, Instrumen                       accordance with PSAK No. 109, Financial
           Keuangan, sehingga setelah pengakuan awal                   Instruments, that classifies financial assets as
           aset keuangan diukur pada biaya perolehan                   subsequently measured at amortized cost, fair
           diamortisasi, nilai wajar melalui penghasilan               value through comprehensive income or fair
           komprehensif lain atau nilai wajar melalui laba             value through profit or loss, on the basis of both:
           rugi, dengan menggunakan dua dasar, yaitu:

           (a) Model bisnis Grup dalam mengelola aset                  (a) The Group’s business model for managing
               keuangan; dan                                               the financial assets; and

           (b) Karakteristik arus kas kontraktual dari aset            (b) The contractual cash flow characteristics of
               keuangan                                                    the financial assets

           Aset keuangan       pada    biaya    perolehan              Financial assets at amortized cost
           diamortisasi

           Aset keuangan diukur pada biaya perolehan                   A financial asset shall be measured at
           diamortisasi jika kedua kondisi berikut                     amortized cost if both of the following conditions
           terpenuhi:                                                  are met:

           (a)    Aset keuangan dikelola dalam model                   (a)     The financial asset is held within a
                  bisnis yang bertujuan untuk memiliki                         business model whose objective is to
                  aset    keuangan    dalam    rangka                          hold financial assets in order to collect
                  mendapatkan arus kas kontraktual;                            contractual cash flows; and
                  dan

           (b)    Persyaratan kontraktual dari aset                    (b)     The contractual terms of the financial
                  keuangan menghasilkan arus kas                               assets give rise on specified dates to
                  pada tanggal tertentu yang semata                            cash flows that are solely payments of
                  dari pembayaran pokok dan bunga                              principal and interest on the principal
                  dari jumlah pokok terutang.                                  amount outstanding.

           Aset keuangan pada biaya perolehan                          Financial assets at amortized cost is measured
           diamortisasi diukur pada jumlah yang diakui                 at initial amount minus the principal repayments,
           saat pengakuan awal dikurangi pembayaran                    plus or minus the cumulative amortization using
           pokok, ditambah atau dikurangi dengan                       the effective interest method of any difference
           amortisasi kumulatif menggunakan metode                     between that initial amount and the maturity
           suku bunga efektif yang dihitung dari selisih               amount, adjusted for allowance for impairment.
           antara nilai awal dan nilai jatuh temponya, dan
           dikurangi dengan cadangan kerugian
           penurunan nilai.




Draft/March 28, 2026                                          - 15 -                                                  paraf:
Page 260
PT MORA TELEMATIKA INDONESIA TBK                                          PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                             Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                               For the Years Ended
31 Desember 2025 dan 2024                                                              December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                              (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                  unless Otherwise Stated)



           Pada tanggal 31 Desember 2025 dan                            As of December 31, 2025 and 2024, the
           2024, kategori ini meliputi kas dan setara kas,              Group’s cash and cash equivalents, trade
           piutang usaha, piutang konsesi jasa, piutang                 accounts receivable, service concession
           lain-lain, aset yang dibatasi penggunaannya,                 receivable, other accounts receivable, restricted
           dan setoran jaminan dalam akun aset lain-lain                assets, and security deposits included in other
           yang dimiliki oleh Grup.                                     assets account are included in this category.

           Aset keuangan yang diukur pada nilai wajar                   Financial assets at fair value through profit or
           melalui laba rugi                                            loss

           Aset keuangan diukur pada nilai wajar melalui                A financial asset shall be measured at fair
           laba rugi kecuali aset keuangan tersebut                     value through profit or loss unless it is
           diukur pada biaya perolehan diamortisasi atau                measured at amortized cost or at fair value
           pada nilai wajar melalui penghasilan                         through comprehensive income.
           komprehensif lain.

           Aset keuangan yang diukur pada nilai wajar                   Financial assets at FVPL are recorded in the
           melalui laba rugi dicatat pada laporan posisi                consolidated statement of financial position at
           keuangan konsolidasian pada nilai wajarnya.                  fair value. Changes in fair value are recognized
           Perubahan nilai wajar langsung diakui dalam                  directly in profit or loss. Interest earned is
           laba rugi. Bunga yang diperoleh dicatat                      recorded as interest income, while dividend
           sebagai pendapatan bunga, sedangkan                          income is recorded as part of other income
           pendapatan dividen dicatat sebagai bagian                    according to the terms of the contract, or when
           dari pendapatan lain-lain sesuai dengan                      the right of payment has been established.
           persyaratan dalam kontrak, atau pada saat
           hak untuk memperoleh pembayaran atas
           dividen tersebut telah ditetapkan.

           Pada tanggal 31 Desember 2025 dan                            As of December 31, 2025 and 2024, the
           2024, kategori ini meliputi investasi Grup                   Group’s mandatory convertible bond are
           dalam obligasi wajib konversi (Catatan 12).                  included in this category (Note 12).

           Liabilitas Keuangan dan Instrumen Ekuitas                    Financial Liabilities and Equity Instruments

           Liabilitas keuangan dan instrumen ekuitas                    Financial liabilities and equity instruments of the
           Grup diklasifikasikan berdasarkan substansi                  Group are classified according to the substance
           perjanjian kontraktual serta definisi liabilitas             of the contractual arrangements entered into
           keuangan dan instrumen ekuitas. Kebijakan                    and the definitions of a financial liability and
           akuntansi yang diterapkan atas instrumen                     equity instrument. The accounting policies
           keuangan tersebut diungkapkan berikut ini.                   adopted for specific financial instruments are set
                                                                        out below.

           Instrumen Ekuitas                                            Equity Instruments

           Instrumen ekuitas adalah setiap kontrak yang                 An equity instrument is any contract that
           memberikan hak residual atas aset suatu                      evidences a residual interest in the assets of an
           entitas setelah dikurangi dengan seluruh                     entity after deducting all of its liabilities. Equity
           liabilitasnya. Instrumen ekuitas dicatat                     instruments are recorded at the proceeds
           sejumlah hasil yang diterima, setelah                        received, net of direct issue costs.
           dikurangkan dengan biaya penerbitan
           langsung.

           Liabilitas Keuangan                                          Financial Liabilities

           Liabilitas keuangan dalam lingkup PSAK                       Financial liabilities within the scope of PSAK
           No. 109 diklasifikasikan sebagai berikut:                    No. 109 are classified as follows: (i) financial
           (i) liabilitas keuangan yang diukur dengan                   liabilities at amortized cost, (ii) financial liabilities
           biaya diamortisasi, (ii) liabilitas keuangan yang            at fair value through profit or loss (FVTPL). The
           diukur dengan nilai wajar melalui laba rugi.                 Group determines the classification of its
           Grup menentukan klasifikasi liabilitas                       financial liabilities at initial recognition.
           keuangan pada saat pengakuan awal.



Draft/March 28, 2026                                           - 16 -                                                     paraf:
Page 261
PT MORA TELEMATIKA INDONESIA TBK                                       PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
31 Desember 2025 dan 2024                                                           December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                           (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)


           Seluruh liabilitas keuangan diakui pada                   All financial liabilities are recognized initially at
           awalnya sebesar nilai wajar dan, dalam hal                fair value and, in the case of loans and
           pinjaman dan utang, termasuk biaya transaksi              borrowings, inclusive of directly attributable
           yang dapat diatribusikan secara langsung dan              transaction costs and subsequently measured
           selanjutnya diukur pada biaya perolehan                   at amortized cost using the effective interest
           diamortisasi dengan menggunakan metode                    rate method. The amortization of the effective
           suku bunga efektif. Amortisasi suku bunga                 interest rate is included in finance costs in profit
           efektif disajikan sebagai bagian dari beban               or loss.
           keuangan dalam laba rugi.

           Liabilitas keuangan yang diukur pada biaya                Financial liabilities at amortized cost
           perolehan diamortisasi

           Liabilitas keuangan pada biaya perolehan                  Financial liabilities at amortized cost is
           diamortisasi diukur pada jumlah yang diakui               measured at initial amount minus the principal
           saat pengakuan awal dikurangi pembayaran                  repayments, plus or minus the cumulative
           pokok, ditambah atau dikurangi dengan                     amortization using the effective interest method
           amortisasi kumulatif menggunakan metode                   of any difference between that initial amount
           suku bunga efektif yang dihitung dari selisih             and the maturity amount.
           antara nilai awal dan nilai jatuh temponya.

           Pada tanggal 31 Desember 2025 dan                         As of December 31, 2025 and 2024, the
           2024, kategori ini meliputi utang usaha, utang            Group’s trade accounts payable, other accounts
           lain-lain, beban akrual, utang bank, sukuk                payable, accrued expenses, bank loans, sukuk
           ijarah dan utang non-bank yang dimiliki oleh              ijarah and non-bank loans are included in this
           Grup.                                                     category.

           Saling Hapus Instrumen Keuangan                           Offsetting of Financial Instruments

           Aset dan liabilitas keuangan saling hapus dan             Financial assets and liabilities are offset and the
           nilai bersihnya disajikan dalam laporan posisi            net amount reported in the consolidated
           keuangan konsolidasian jika, dan hanya jika,              statement of financial position if, and only if,
           Grup saat ini memiliki hak yang berkekuatan               there is a currently enforceable right to offset
           hukum untuk melakukan saling hapus atas                   the recognized amounts and there is intention to
           jumlah yang telah diakui tersebut dan berniat             settle on a net basis, or to realize the asset and
           untuk menyelesaikan secara neto atau untuk                settle the liability simultaneously.
           merealisasikan asset dan menyelesaikan
           kewajibannya secara simultan.

           Reklasifikasi Aset Keuangan                               Reclassifications of Financial Assets

           Sesuai dengan ketentuan PSAK No. 109,                     In accordance with PSAK No. 109, Financial
           Instrumen Keuangan, Grup mereklasifikasi                  Instruments, the Group reclassifies its financial
           seluruh aset keuangan dalam kategori yang                 assets when, and only when, the Group
           terpengaruh, jika dan hanya jika, Grup                    changes its business model for managing
           mengubah model bisnis untuk pengelolaan                   financial assets. While, any financial liabilities
           aset keuangan tersebut. Sedangkan, liabilitas             shall not be reclassified.
           keuangan tidak direklasifikasi.

           Penurunan Nilai Aset Keuangan                             Impairment of Financial Assets

           Grup mengakui kerugian kredit ekspetasian                 The Group recognizes lifetime expected credit
           (ECL) sepanjang umur untuk piutang usaha.                 losses (ECL) for trade accounts receivable. The
           Kerugian kredit ekspetasian atas aset                     expected credit losses on these financial assets
           keuangan ini diestimasi menggunakan                       are estimated using loss rate approach based
           pendekatan tingkat kerugian berdasarkan                   on the Group’s historical credit loss experience,
           pengalaman kerugian kredit historis Grup,                 adjusted for general economic conditions and
           disesuaikan dengan kondisi ekonomi umum                   an assessment of both the current as well as
           dan penilaian baik atas kondisi kini maupun               the forecast direction of conditions at the
           perkiraan masa depan pada tanggal                         reporting date, including time value of money
           pelaporan, termasuk nilai waktu atas uang jika            where appropriate.
           tepat.



Draft/March 28, 2026                                        - 17 -                                                  paraf:
Page 262
PT MORA TELEMATIKA INDONESIA TBK                                      PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                       AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                         Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
31 Desember 2025 dan 2024                                                          December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                          (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                              unless Otherwise Stated)



           Untuk seluruh instrumen keuangan lainnya,                For all other financial instruments, the Group
           Grup mengakui ECL sepanjang umur ketika                  recognizes lifetime ECL when there has been a
           telah ada peningkatan risiko kredit yang                 significant increase in credit risk since initial
           signifikan sejak pengakuan awal. Jika                    recognition. If, on the other hand, the credit risk
           sebaliknya, risiko kredit pada instrumen                 on the financial instrument has not increased
           keuangan tidak meningkat secara signifikan               significantly since initial recognition, the Group
           sejak pengakuan awal, Grup mengukur                      measures the loss allowance for that financial
           penyisihan     kerugian    untuk  instrumen              instrument at an amount equal to 12-month
           keuangan tersebut sejumlah ECL 12 bulan.                 ECL. The assessment of whether lifetime ECL
           Penilaian apakah ECL sepanjang umur harus                should be recognized is based on significant
           diakui didasarkan pada peningkatan signifikan            increases in the likelihood or risk of a default
           dalam kemungkinan terjadinya atau pada                   occurring since initial recognition instead of on
           risiko gagal bayar sejak pengakuan awal dan              evidence of a financial asset being credit
           bukan didasarkan bukti aset keuangan yang                impaired at the reporting date or an actual
           mengalami kerugian kredit pada tanggal                   default occurring. Lifetime ECL represents the
           pelaporan atau kejadian gagal bayar                      expected credit losses that will result from all
           sebenarnya. ECL sepanjang umur merupakan                 possible default events over the expected life of
           kerugian kredit ekspetasian yang timbul dari             a financial instrument. In contrast, 12-month
           seluruh kemungkinan peristiwa gagal bayar                ECL represents the portion of lifetime ECL that
           selama perkiraan umur instrumen keuangan.                is expected to result from default events on a
           Sebaliknya, ECL 12 bulan mewakili porsi ECL              financial instrument that are possible within 12
           sepanjang umur yang timbul dari peristiwa                months after the reporting date.
           gagal bayar pada instrumen keuangan yang
           mungkin terjadi dalam 12 bulan setelah
           tanggal pelaporan.

           Penghentian Pengakuan Aset dan Liabilitas                Derecognition of Financial Assets and
           Keuangan                                                 Liabilities

           (1)   Aset Keuangan                                      (1)   Financial Assets

                 Aset keuangan (atau bagian dari                          Financial asset (or, where applicable,
                 kelompok aset keuangan serupa)                           a part of a financial asset or part of
                 dihentikan pengakuannya jika:                            a group of similar financial assets) is
                                                                          derecognized when:

                 a. hak kontraktual atas arus kas yang                    a. the rights to receive cash flows from
                    berasal dari aset keuangan tersebut                      the asset have expired;
                    berakhir;

                 b. Grup tetap mempertahankan hak                         b. the Group retains the right to receive
                    untuk menerima arus kas dari aset                        cash flows from the asset, but has
                    keuangan tersebut, namun juga                            assumed a contractual obligation to
                    menanggung liabilitas kontraktual                        pay them in full without material delay
                    untuk membayar arus kas yang                             to a third party under a “pass-through”
                    diterima tersebut kepada satu atau                       arrangement; or
                    lebih pihak penerima melalui suatu
                    kesepakatan; atau

                 c. Grup telah mengalihkan hak                            c. the Group has transferred its rights to
                    kontraktual untuk menerima arus kas                      receive cash flows from the asset and
                    dari aset keuangan dan (i) telah                         either (i) has transferred substantially
                    secara substansial mengalihkan                           all the risks and rewards of the asset,
                    seluruh risiko dan manfaat atas aset                     or (ii) has neither transferred nor
                    keuangan,       atau  (ii)   secara                      retained substantially all the risks and
                    substansial tidak mengalihkan atau                       rewards of the asset, but has
                    tidak memiliki seluruh risiko dan                        transferred control of the asset.
                    manfaat atas aset keuangan, namun
                    telah mengalihkan pengendalian atas
                    aset keuangan tersebut.




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PT MORA TELEMATIKA INDONESIA TBK                                             PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                              AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                  For the Years Ended
31 Desember 2025 dan 2024                                                                 December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                 (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                     unless Otherwise Stated)



           (2)   Liabilitas Keuangan                                       (2) Financial Liabilities

                 Liabilitas    keuangan        dihentikan                        A financial liability is derecognized when
                 pengakuannya jika liabilitas keuangan                           the obligation under the contract is
                 tersebut berakhir, dibatalkan, atau telah                       discharged, cancelled or has expired.
                 kadaluarsa.

      i.   Pengukuran Nilai Wajar                                     i.   Fair Value Measurement

           Pengukuran nilai wajar didasarkan pada                          The fair value measurement is based on the
           asumsi bahwa transaksi untuk menjual aset                       presumption that the transaction to sell the
           atau mengalihkan liabilitas akan terjadi:                       asset or transfer the liability takes place either:

           •     di pasar utama untuk aset atau liabilitas                 •     in the principal market for the asset or
                 tersebut atau;                                                  liability or;

           •     jika tidak terdapat pasar utama, di pasar                 •     in the absence of a principal market, in the
                 yang paling menguntungkan untuk aset                            most advantageous market for the asset
                 atau liabilitas tersebut.                                       or liability.

           Grup harus memiliki akses ke pasar utama                        The Group must have access to the principal or
           atau pasar yang paling menguntungkan pada                       the most advantageous market at the
           tanggal pengukuran.                                             measurement date.

           Nilai wajar aset atau liabilitas diukur                         The fair value of an asset or a liability is
           menggunakan asumsi yang akan digunakan                          measured using the assumptions that market
           pelaku pasar ketika menentukan harga aset                       participants would use when pricing the asset or
           atau liabilitas tersebut, dengan asumsi bahwa                   liability, assuming that market participants act in
           pelaku pasar bertindak dalam kepentingan                        their economic best interest.
           ekonomi terbaiknya.

           Pengukuran nilai wajar aset non-keuangan                        A fair value measurement of a non-financial
           memperhitungkan kemampuan pelaku pasar                          asset takes into account a market participant’s
           untuk menghasilkan manfaat ekonomis                             ability to generate economic benefits by using
           dengan     menggunakan       aset    dalam                      the asset in its highest and best use or by
           penggunaan tertinggi dan terbaiknya, atau                       selling it to another market participant that
           dengan menjualnya kepada pelaku pasar lain                      would use the asset in its highest and best use.
           yang akan menggunakan aset tersebut dalam
           penggunaan tertinggi dan terbaiknya.

           Ketika Grup menggunakan teknik penilaian,                       When the Group uses valuation techniques,
           maka Grup memaksimalkan penggunaan input                        it maximizes the use of relevant observable
           yang dapat diobservasi yang relevan dan                         inputs and minimizing the use of unobservable
           meminimalkan penggunaan input yang tidak                        inputs.
           dapat diobservasi.

           Seluruh aset dan liabilitas yang mana nilai                     All assets and liabilities for which fair value is
           wajarnya diukur atau diungkapkan dalam                          measured or disclosed in the consolidated
           laporan       keuangan          konsolidasian,                  financial statements are categorized within the
           dikategorikan dalam hirarki nilai wajar sebagai                 fair value hierarchy as follows:
           berikut:

           •     Level 1 - harga kuotasian (tanpa                          •     Level 1 - Quoted (unadjusted) market
                 penyesuaian) di pasar aktif untuk aset                          prices in active markets for identical
                 atau liabilitas yang identik;                                   assets or liabilities;

           •     Level 2 - teknik penilaian dimana level                   •     Level 2 - Valuation techniques for which
                 input terendah yang signifikan terhadap                         the lowest level input that is significant to
                 pengukuran      nilai    wajar    dapat                         the fair value measurement is directly or
                 diobservasi, baik secara langsung                               indirectly observable;
                 maupun tidak langsung;



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PT MORA TELEMATIKA INDONESIA TBK                                              PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                               AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                 Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                   For the Years Ended
31 Desember 2025 dan 2024                                                                  December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                  (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                      unless Otherwise Stated)



           •    Level 3 - teknik penilaian dimana level                     •    Level 3 - Valuation techniques for which
                input terendah yang signifikan terhadap                          the lowest level input that is significant to
                pengukuran nilai wajar tidak dapat                               the    fair   value     measurement        is
                diobservasi.                                                     unobservable.

           Untuk aset dan liabilitas yang diukur pada nilai                 For assets and liabilities that are recognized in
           wajar secara berulang dalam laporan                              the consolidated financial statements on a
           keuangan      konsolidasian,     maka    Grup                    recurring basis, the Group determines whether
           menentukan apakah telah terjadi transfer di                      there are transfers between levels in the
           antara level hirarki dengan menilai kembali                      hierarchy by re-assessing categorization at the
           pengkategorian level nilai wajar pada setiap                     end of each reporting period.
           akhir periode pelaporan.

      j.   Persediaan                                                  j.   Inventories

           Berdasarkan PSAK No. 202, persediaan                             Based on PSAK No. 202, inventories are stated
           dinyatakan berdasarkan biaya atau nilai                          at cost or net realizable value, whichever is
           realisasi bersih, mana yang lebih rendah.                        lower. Cost is determined by using weighted
           Biaya persediaan ditentukan berdasarkan                          average method. Allowance for decline in value
           metode rata-rata tertimbang. Cadangan                            of the inventories are provided to reduce the
           penurunan nilai persediaan dibentuk untuk                        carrying value of inventories to their net
           menyesuaikan nilai persediaan ke nilai                           realizable values.
           realisasi bersih.

      k.   Perjanjian Konsesi Jasa                                     k.   Service Concession Arrangements

           PT Palapa Ring Barat (PRB) dan                                   PT Palapa Ring Barat (PRB) and
           PT Palapa Timur Telematika (PTT), entitas-                       PT Palapa Timur Telematika (PTT), adopted
           entitas anak, mengadopsi ISAK No. 112,                           ISAK No. 112, “Service Concession
           “Perjanjian Konsesi Jasa”, dan ISAK No. 229,                     Arrangement”, and ISAK No. 229, “Service
           “Perjanjian Konsesi Jasa: Pengungkapan”.                         Concession      Arrangements:      Disclosures”.
           Perjanjian konsesi jasa adalah perjanjian                        Service concession arrangement is an
           dimana pemerintah atau badan sektor publik                       arrangement whereby a government or other
           lainnya (Grantor) mengkontrak perusahaan                         public sector body (the “Grantor”) contracts with
           swasta (Operator) untuk membangun                                a private entity (the “Operator”) to develop
           (atau meningkatkan), mengoperasikan dan                          (or upgrade), operate and maintain public
           memelihara infrastruktur publik.                                 infrastructure.

           Grantor mengendalikan atau mengatur jasa                         The Grantor controls or regulates what services
           apa yang harus disediakan Operator dengan                        the Operator must provide using the assets, to
           infrastruktur, kepada siapa jasa harus                           whom, and at what price, and also controls any
           diberikan, dan berapa harganya, dan juga                         significant residual interest in the assets at the
           mengendalikan atas setiap kepentingan residu                     end of the term of the arrangement.
           signifikan dalam infrastruktur pada akhir masa
           perjanjian.

           Sifat dari aset Operator bergantung pada                         The nature of the Operator’s asset depends on
           siapa yang memiliki tanggung jawab utama                         who has the primary responsibility to pay the
           untuk membayar Operator atas jasa yang                           Operator for the service. The Operator should
           diberikan. Operator mengakui aset keuangan                       recognize a financial asset when the Grantor
           ketika Grantor memiliki tanggung jawab utama                     has the primary responsibility to pay the
           untuk membayar Operator atas jasa yang                           Operator for the service. The Operator should
           diberikan.    Operator      mengakui     aset                    recognize an intangible asset in all other cases.
           takberwujud dalam hal lainnya.




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PT MORA TELEMATIKA INDONESIA TBK                                            PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
31 Desember 2025 dan 2024                                                                December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                    unless Otherwise Stated)



           Model Aset Keuangan                                            Financial Asset Model

           Operator mengakui aset keuangan sejauh                         The Operator recognizes a financial asset to the
           memiliki hak kontraktual tanpa syarat untuk                    extent that it has an unconditional contractual
           menerima kas atau aset keuangan lainnya dari                   right to receive cash or another financial asset
           atau atas arahan Grantor atas jasa konstruksi.                 from or at the direction of the Grantor for the
           Operator memiliki hak tanpa syarat untuk                       construction services. The Operator has an
           menerima kas jika Grantor menjamin untuk                       unconditional right to receive cash if the Grantor
           membayar jumlah tertentu atau dapat                            contractually guarantees to pay the Operator
           ditentukan, atau kekurangan, jika ada, antara                  specified or determinable amounts or the
           jumlah yang diterima dari pengguna jasa                        shortfall, if any, between amounts received from
           publik dan jumlah tertentu atau dapat                          users of the public service and specified or
           ditentukan, walaupun jika pembayaran                           determinable amounts, even if payment is
           bergantung pada apakah operator telah                          contingent on the Operator ensuring that the
           memastikan        infrastruktur     memenuhi                   infrastructure meets specified quality or
           persyaratan kualitas atau efisiensi tertentu.                  efficiency requirements.

           Operator mengukur aset keuangan pada nilai                     The Operator measures the financial asset at
           wajar.                                                         fair value.

           Pada saat akhir masa konsesi, seluruh akun                     At the end of service concession arrangement,
           yang berhubungan dengan hak konsesi                            all accounts relating to the service concession
           dihentikan pengakuannya.                                       arrangement are derecognized.

           Keuntungan atau kerugian yang timbul dari                      Gain or loss resulting from derecognition or
           penghentian atau pelepasan aset konsesi                        disposal of concession asset is recognized in
           diakui dalam laba rugi.                                        profit or loss.

           PRB dan PTT berkeyakinan bahwa perjanjian                      PRB and PTT believes that the service
           konsesi    jasa    sehubungan        dengan                    concession arrangement in relation to
           pembangunan jaringan fiber optik dimana jasa                   installation of fiber optic network, which services
           tersebut dimaksudkan untuk penggunaan                          are intended for public use qualifies under ISAK
           publik memenuhi kualifikasi sebagai model                      No. 112 using the financial asset model.
           aset keuangan berdasarkan ISAK No. 112.

      l.   Biaya Dibayar Dimuka                                      l.   Prepaid Expenses

           Biaya dibayar dimuka diamortisasi selama                       Prepaid expenses are amortized over their
           manfaat atau periode kontrak masing-masing                     beneficial or contract periods using the straight-
           biaya dengan menggunakan metode garis                          line method.
           lurus.




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PT MORA TELEMATIKA INDONESIA TBK                                              PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                               AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                 Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                   For the Years Ended
31 Desember 2025 dan 2024                                                                  December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                  (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                      unless Otherwise Stated)



      m.   Aset Tetap                                                  m.   Property and Equipment

           Pemilikan Langsung                                               Direct Acquisition

           Aset tetap, kecuali tanah dan aset tetap dalam                   Property and equipment, except land, and
           pembangunan, dinyatakan berdasarkan nilai                        construction in progress, are stated at appraised
           wajar pada tanggal revaluasi dikurangi                           values less subsequent depreciation and any
           akumulasi penyusutan dan akumulasi rugi                          impairment in value. The net appraisal
           penurunan nilai yang terjadi setelah tanggal                     increment resulting from the revaluation was
           revaluasi, jika ada. Kenaikan nilai wajar akibat                 recognized as “Revaluation surplus of property
           revaluasi dikreditkan ke akun “Selisih revaluasi                 and equipment” shown under equity section in
           aset tetap” sebagai bagian dari ekuitas pada                     the consolidated statement of financial position
           laporan posisi keuangan konsolidasian dan                        and consolidated statement of changes in
           laporan perubahan ekuitas konsolidasian.                         equity. Decreases that offset previous increases
           Penurunan nilai yang menghapuskan                                of the same asset are recorded as part of other
           kenaikan nilai sebelumnya atas aset yang                         comprehensive income and all other decreases
           sama diakui dalam penghasilan komprehensif                       are charged to profit or loss. Each reporting
           lain, sedangkan penurunan nilai lainnya                          period, the difference between depreciation
           langsung dibebankan ke laba rugi. Pada                           based on the revalued carrying amount of the
           setiap periode pelaporan, selisih antara                         asset charged to profit or loss and depreciation
           penyusutan berdasarkan nilai revaluasian aset                    based on the asset’s original cost is transferred
           tetap yang dibebankan ke laba rugi dan                           from "Revaluation surplus of property and
           penyusutan berdasarkan biaya perolehan aset                      equipment" to "Retained earnings".
           tetap dialihkan dari “Selisih penilaian kembali
           aset tetap” ke “Saldo laba”.

           Tanah tidak disusutkan dan dinyatakan                            Land is not depreciated and is stated at cost
           berdasarkan biaya perolehan dikurangi                            less any impairment in value.
           akumulasi rugi penurunan nilai, jika ada.

           Biaya perolehan awal aset tetap meliputi                         The initial cost of property and equipment
           harga perolehan, termasuk bea impor dan                          consists of its purchase price, including import
           pajak pembelian yang tidak boleh dikreditkan                     duties and taxes and any directly attributable
           dan biaya-biaya yang dapat diatribusikan                         costs in bringing the property and equipment to
           secara langsung untuk membawa periode ke                         its working condition and location for its
           lokasi dan kondisi yang diinginkan sesuai                        intended use.
           dengan tujuan penggunaan yang ditetapkan.

           Beban-beban yang timbul setelah aset tetap                       Expenditures incurred after the property and
           digunakan, seperti beban perbaikan dan                           equipment have been put into operations, such
           pemeliharaan, dibebankan ke laba rugi pada                       as repairs and maintenance costs, are normally
           saat terjadinya. Apabila beban-beban tersebut                    charged to operations in the year such costs are
           menimbulkan peningkatan manfaat ekonomis                         incurred. In situations where it can be clearly
           di masa datang dari penggunaan aset tetap                        demonstrated that the expenditures have
           tersebut yang dapat melebihi kinerja                             resulted in an increase in the future economic
           normalnya, maka beban-beban tersebut                             benefits expected to be obtained from the use of
           dikapitalisasi sebagai tambahan biaya                            the property and equipment beyond its originally
           perolehan aset tetap.                                            assessed standard of performance, the
                                                                            expenditures are capitalized as additional costs
                                                                            of property and equipment.




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PT MORA TELEMATIKA INDONESIA TBK                                            PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
31 Desember 2025 dan 2024                                                                December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                    unless Otherwise Stated)



           Penyusutan dihitung berdasarkan metode                         Depreciation is computed on a straight-line
           garis lurus (straight-line method) selama masa                 basis over the property and equipment’s useful
           manfaat aset tetap sebagai berikut:                            lives as follows:

                                                                                             Tahun/          Persentase/
                                                                                             Years           Percentage

            Bangunan/Buildings                                                                  20               5%
            Perangkat dan perabot kantor/Office furniture and fixtures                           4              25%
            Peralatan telekomunikasi/Telecommunication facilities                             4 - 25          25% - 4%
            Kendaraan/Vehicles                                                                 4-5           25% - 20%

           Nilai tercatat aset tetap ditelaah kembali dan                 The carrying values of property and equipment
           dilakukan penurunan nilai apabila terdapat                     are reviewed for impairment when events or
           peristiwa atau perubahan kondisi tertentu yang                 changes in circumstances indicate that the
           mengindikasikan nilai tercatat tersebut tidak                  carrying values may not be recoverable.
           dapat dipulihkan sepenuhnya.

           Dalam setiap inspeksi yang signifikan, biaya                   When each major inspection is performed, its
           inspeksi diakui dalam jumlah tercatat aset                     cost is recognized in the carrying amount of the
           tetap sebagai suatu penggantian apabila                        item of property and equipment as a
           memenuhi kriteria pengakuan. Biaya inspeksi                    replacement if the recognition criteria are
           signifikan yang dikapitalisasi tersebut                        satisfied. Such major inspection is capitalized
           diamortisasi selama periode sampai dengan                      and amortized over the next major inspection
           saat inspeksi signifikan berikutnya.                           activity.

           Jumlah tercatat aset tetap dihentikan                          An item of property and equipment is
           pengakuannya pada saat dilepaskan atau                         derecognized upon disposal or when no future
           tidak ada manfaat ekonomis masa depan yang                     economic benefits are expected from its use or
           diharapkan      dari   penggunaan      atau                    disposal. Any gains or loss arising from
           pelepasannya. Keuntungan atau kerugian                         derecognition of property and equipment is
           yang timbul dari penghentian pengakuan aset                    included in profit or loss in the year the item is
           tetap diakui dalam laba rugi pada tahun                        derecognized.
           terjadinya penghentian pengakuan.

           Nilai residu, umur manfaat, serta metode                       The asset’s residual values, useful lives and
           penyusutan dan amortisasi ditelaah setiap                      depreciation method are reviewed and adjusted
           akhir tahun dan dilakukan penyesuaian                          if appropriate, at each financial year end.
           apabila hasil telaah berbeda dengan estimasi
           sebelumnya.

           Aset tetap dalam pembangunan merupakan                         Construction in progress represents property
           aset tetap dalam tahap konstruksi, yang                        and equipment under construction which is
           dinyatakan pada biaya perolehan dan tidak                      stated at cost, and is not depreciated.
           disusutkan.     Akumulasi      biaya     akan                  The accumulated costs will be reclassified to the
           direklasifikasi ke akun aset tetap yang                        respective property and equipment account and
           bersangkutan dan akan disusutkan pada saat                     will be depreciated when the construction is
           konstruksi selesai secara substansial dan aset                 substantially complete and the asset is ready for
           tersebut siap digunakan sesuai tujuannya.                      its intended use.

      n.   Transaksi Sewa                                            n.   Leases Transaction

           Grup menerapkan PSAK No. 116, Sewa, yang                       The     Group        has     applied        PSAK
           mensyaratkan pengakuan liabilitas sewa                         No. 116, Leases, which set the requirement for
           sehubungan dengan sewa yang sebelumnya                         the recognition of lease liabilities in relation to
           diklasifikasikan sebagai sewa operasi.                         leases which had been previously classified as
                                                                          operating lease.




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PT MORA TELEMATIKA INDONESIA TBK                                         PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                            Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
31 Desember 2025 dan 2024                                                             December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                             (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)



           Sebagai penyewa                                             As lessee

           Pada tanggal permulaan kontrak, Grup menilai                At the inception of a contract, the Group
           apakah     kontrak     merupakan,      atau                 assesses whether the contract is, or contains,
           mengandung, sewa. Suatu kontrak merupakan                   a lease. A contract is or contains a lease if the
           atau mengandung sewa jika kontrak tersebut                  contract conveys the right to control the use of
           memberikan hak untuk mengendalikan                          an identified assets for a period of time in
           penggunaan aset identifikasian selama suatu                 exchange for consideration.
           jangka waktu untuk dipertukarkan dengan
           imbalan.

           Untuk menilai apakah kontrak memberikan                     To assess whether a contract conveys the right
           hak untuk mengendalikan penggunaan aset                     to control the use of an identified asset, the
           identifikasian, Grup harus menilai apakah:                  Group shall assess whether:

           -   Grup memiliki hak untuk mendapatkan                     -   The Group has the right to obtain
               secara subtansial seluruh manfaat                           substantially all the economic benefits from
               ekonomi       dari  penggunaan aset                         use of the asset throughout the period of
               identifikasian; dan                                         use; and

           -   Grup memiliki hak untuk mengarahkan                     -   The Group has the right to direct the use of
               penggunaan       aset        identifikasian.                the asset. The Group has this right when it
               Grup memiliki hak ini ketika Grup memiliki                  has the decision-making rights that are the
               hak untuk pengambilan keputusan yang                        most relevant to changing how and for what
               relevan tentang bagaimana dan untuk                         purpose the asset is used are
               tujuan apa aset digunakan telah                             predetermined:
               ditentukan sebelumnya:

               1. Grup    memiliki     hak           untuk                 1. The Group has the right to operate the
                  mengoperasikan aset;                                        asset;

               2. Grup telah mendesain aset dengan                         2. The Group has designed the asset in a
                  cara    menetapkan      sebelumnya                          way that predetermined how and for
                  bagaimana dan untuk tujuan apa aset                         what purpose it will be used.
                  akan digunakan selama periode
                  penggunaan.

           Pada tanggal awal dimulainya kontrak atau                   At the inception or on reassessment of a
           pada tanggal penilaian kembali atas kontrak                 contract that contains a lease component, the
           yang mengandung sebuah komponen sewa,                       Group allocates the consideration in the
           Grup mengalokasikan imbalan dalam kontrak                   contract to each lease component on the basis
           ke     masing-masing    komponen      sewa                  of their relative stand-alone prices and the
           berdasarkan harga tersendiri relatif dari                   aggregate stand-alone price of the non-lease
           komponen sewa dan harga tersendiri agregat                  components.
           dari komponen nonsewa.

           Pada tanggal permulaan sewa, Grup                           The Group recognizes a right-of-use asset and
           mengakui aset hak-guna dan liabilitas sewa.                 a lease liability at the lease commencement
           Aset hak-guna diukur pada biaya perolehan,                  date. The right-of-use assets are initially
           dimana meliputi jumlah pengukuran awal                      measured at cost, which comprises the initial
           liabilitas sewa yang disesuaikan dengan                     amount of the lease liability adjusted for any
           pembayaran sewa yang dilakukan pada atau                    lease payment made at or before the
           sebelum tanggal permulaan.                                  commencement date.

           Aset    hak-guna    kemudian      disusutkan                The right-of-use assets are subsequently
           menggunakan metode garis lurus dari tanggal                 depreciated using the straight-line method from
           permulaan hingga tanggal yang lebih awal                    the commencement date to the earlier of the
           antara akhir umur manfaat aset hak-guna atau                end of the useful life of the right-of-use assets or
           akhir masa sewa.                                            the end of the lease term.




Draft/March 28, 2026                                          - 24 -                                                 paraf:
Page 269
PT MORA TELEMATIKA INDONESIA TBK                                      PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                       AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                         Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                           For the Years Ended
31 Desember 2025 dan 2024                                                          December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                          (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                              unless Otherwise Stated)



           Liabilitas sewa diukur pada nilai kini                   The lease liability is initially measured at the
           pembayaran sewa yang belum dibayar pada                  present value of the lease payments that are not
           tanggal permulaan, didiskontokan dengan                  paid at the commencement date, discounted
           menggunakan suku bunga implisit dalam sewa               using the interest rate implicit in the lease or, if
           atau jika suku bunga tersebut tidak dapat                that rate cannot be readily determined, using
           ditentukan, maka menggunakan suku bunga                  incremental borrowing rate. Generally,
           pinjaman inkremental. Pada umumnya,                      the Group uses its incremental borrowing rate
           Grup menggunakan suku bunga pinjaman                     as the discount rate.
           inkremental sebagai tingkat bunga diskonto.

           Pembayaran sewa yang termasuk dalam                      Lease payments included in the measurement
           pengukuran   liabilitas sewa meliputi                    of the lease liability comprise the following:
           pembayaran berikut ini:

           -   pembayaran tetap, termasuk pembayaran                -   fixed payments, including in-substance fixed
               tetap secara substansi;                                  payments;
           -   pembayaran      sewa     variabel   yang             -   variable lease payments that depend on an
               bergantung pada indeks atau suku bunga                   index or a rate, initially measured using the
               yang pada awalnya diukur dengan                          index or rate as at the commencement date;
               menggunakan indeks atau suku bunga
               pada tanggal permulaan;
           -   jumlah yang diperkirakan akan dibayarkan             -   amounts expected to be payable under a
               oleh penyewa dengan jaminan nilai                        residual value guarantee;
               residual;
           -   harga eksekusi opsi beli jika Grup cukup             -   the exercise price under a purchase option
               pasti untuk mengeksekusi opsi tersebut;                  that the Group is reasonably certain to
               dan                                                      exercise; and
           -   penalti karena penghentian awal sewa                 -   penalties for early termination of a lease
               kecuali jika Grup cukup pasti untuk tidak                unless the Group is reasonably certain not
               menghentikan lebih awal.                                 to terminate early.

           Pembayaran sewa dialokasikan menjadi                     Each lease payment is allocated between the
           bagian pokok dan biaya keuangan. Biaya                   liability and finance cost. The finance cost is
           keuangan dibebankan pada laba rugi selama                charged to profit or loss over the lease period so
           periode sewa sehingga menghasilkan tingkat               as to produce a constant periodic rate of interest
           suku bunga periodik yang konstan atas saldo              on the remaining balance of the liability for each
           liabilitas untuk setiap periode.                         period.

           Jika sewa mengalihkan kepemilikan aset                   If the lease transfers ownership of the
           pendasar kepada Grup pada akhir masa sewa                underlying asset to the Group by the end of the
           atau jika biaya perolehan aset hak-guna                  lease term or if the cost of the right-of-use
           merefleksikan Grup akan mengeksekusi opsi                assets reflects that the Group will exercise a
           beli, maka Grup menyusutkan aset hak-guna                purchase option, the Group depreciates the
           dari tanggal permulaan hingga akhir umur                 right-of-use assets from the commencement
           manfaat aset pendasar. Jika tidak, maka Grup             date to the end of the useful life of the
           menyusutkan aset hak-guna dari tanggal                   underlying asset. Otherwise, the Group
           permulaan hingga tanggal yang lebih awal                 depreciates the right-of-use assets from the
           antara akhir umur manfaat aset hak-guna atau             commencement date to the earlier of the end of
                                                                    the useful life of the right-of-use assets or the
           akhir masa sewa.
                                                                    end of the lease term.

           Sewa jangka-pendek                                       Short-term leases

           Grup memutuskan untuk tidak mengakui aset                The Group has elected not to recognize right-of-
           hak-guna dan liabilitas sewa untuk sewa                  use assets and lease liabilities for short-term
           jangka-pendek yang memiliki masa sewa                    leases that have a lease term of 12 months or
           12 bulan atau kurang, sebagaimana diizinkan              less as allowed by PSAK No. 116, Leases. The
           oleh PSAK No. 116, Sewa. Grup mengakui                   Group recognizes the lease payments
           pembayaran sewa atas sewa tersebut sebagai               associated with these leases as an expense on
           beban dengan dasar garis lurus selama masa               a straight-line basis over the lease term.
           sewa.




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Page 270
PT MORA TELEMATIKA INDONESIA TBK                                            PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
31 Desember 2025 dan 2024                                                                December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                    unless Otherwise Stated)



           Sebagai pesewa                                                 As lessor

           Ketika Grup bertindak sebagai pesewa,                          When the Group acts as a lessor, it shall
           Grup mengklasifikasi masing-masing sewanya                     classify each of its leases as either an operating
           baik sewa operasi atau sewa pembiayaan.                        lease or a finance lease.

           Untuk mengklasifikasi masing-masing sewa,                      To classify each lease, the Group makes an
           Grup membuat penilaian secara keseluruhan                      overall assessment of whether the lease
           atas apakah sewa mengalihkan secara                            transfers substantially all of the risks and
           substansial seluruh risiko dan manfaat yang                    rewards incidental to ownership of the
           terkait dengan kepemilikan aset pendasar.                      underlying asset. If this is the case, then the
           Jika penilaian membuktikan hal tersebut,                       lease is classified as a finance lease; if not, then
           maka sewa diklasifikasikan sebagai sewa                        it is an operating lease. As part of this
           pembiayaan; jika tidak maka, merupakan                         assessment, the Group considers certain
           sewa operasi. Sebagai bagian dari penilaian                    indicators such as whether the lease term is for
           ini, Grup mempertimbangkan beberapa                            the major part of the economic life of the asset.
           indikator seperti apakah masa sewa adalah
           sebagian besar dari umur ekonomis aset
           pendasar.

      o.   Aset Takberwujud                                          o.   Intangible Assets

           Aset takberwujud dicatat berdasarkan harga                     Intangible assets are stated at cost less
           perolehan dikurangi akumulasi amortisasi dan                   accumulated amortization and any impairment.
           penurunan nilai, jika ada. Aset takberwujud                    Intangible assets are amortized over their useful
           diamortisasi selama estimasi manfaat 1-4                       lives of 1-4 years. The Group estimates the
           tahun. Grup mengestimasi nilai yang dapat                      recoverable value of its intangible assets. When
           diperoleh kembali dari aset takberwujud.                       the carrying amount of an asset exceeds its
           Apabila nilai tercatat aset takberwujud                        estimated recoverable amount, the asset is
           melebihi estimasi nilai yang dapat diperoleh                   written-down to its estimated recoverable
           kembali, maka, nilai tercatat aset tersebut                    amount.
           diturunkan menjadi sebesar nilai yang dapat
           diperoleh kembali.

      p.   Sukuk Ijarah                                              p.   Sukuk Ijarah

           Sukuk ijarah diakui sebesar nilai nominal,                     Sukuk ijarah is recognized initially at nominal,
           disesuaikan dengan premium atau diskonto                       adjusted with premium or discount and the
           dan biaya transaksi terkait dan disajikan                      related transaction costs incurred and presented
           sebagai liabilitas. Perbedaan antara nilai                     as liability. Any differences between carrying
           tercatat dan nilai nominal diakui pada laporan                 amount and nominal value is recognized in the
           laba rugi sebagai beban penerbitan sukuk                       statements of profit or loss as sukuk ijarah
           ijarah menggunakan metode garis lurus                          issuance costs using the straight line method
           selama jangka waktu sukuk ijarah.                              during the period of sukuk ijarah.

           Imbalan hasil sukuk ijarah kepada pemegang                     Profit sharing of sukuk ijarah paid to holder is
           sukuk diakui sebagai beban ijarah pada saat                    recognized as cost of ijarah when it is due.
           terutang.

      q.   Penurunan Nilai Aset Non-Keuangan                         q.   Impairment of Non-Financial Assets

           Pada setiap akhir periode pelaporan tahunan,                   The Group assesses at each annual reporting
           Grup menelaah apakah terdapat indikasi suatu                   period whether there is an indication that an
           aset mengalami penurunan nilai. Jika terdapat                  asset may be impaired. If any such indication
           indikasi tersebut atau pada saat uji penurunan                 exists, or when annual impairment testing for an
           nilai aset perlu dilakukan, maka Grup                          asset is required, the Group makes an estimate
           membuat estimasi jumlah terpulihkan aset                       of the asset’s recoverable amount.
           tersebut.




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Page 271
PT MORA TELEMATIKA INDONESIA TBK                                            PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
31 Desember 2025 dan 2024                                                                December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                    unless Otherwise Stated)



           Jika nilai tercatat aset lebih besar daripada                  Where the carrying amount of an asset exceeds
           nilai terpulihkannya, maka aset tersebut                       its recoverable amount, the asset is considered
           dinyatakan mengalami penurunan nilai dan                       impaired and impairment losses are recognized
           rugi penurunan nilai diakui dalam laba rugi.                   in profit or loss. In assessing the value in use,
           Dalam menghitung nilai pakai, estimasi arus                    the estimated net future cash flows are
           kas masa depan bersih didiskontokan ke nilai                   discounted to their present value using a pre-tax
           kini dengan menggunakan tingkat diskonto                       discount rate that reflects current market
           sebelum pajak yang mencerminkan penilaian                      assessments of the time value of money and
           pasar kini dari nilai waktu uang dan risiko                    the risks specific to the asset.
           spesifik atas aset.

           Penelaahan dilakukan pada akhir setiap                         An assessment is made at each annual
           periode-periode pelaporan tahunan untuk                        reporting period as to whether there is any
           mengetahui apakah terdapat indikasi bahwa                      indication that previously recognized impairment
           rugi penurunan nilai aset yang telah diakui                    losses recognized for an asset may no longer
           dalam periode-periode sebelumnya mungkin                       exist or may have decreased. If such indication
           tidak ada lagi atau mungkin telah menurun.                     exists, the recoverable amount is estimated.
           Jika indikasi dimaksud ditemukan, maka Grup                    A previously recognized impairment loss for an
           mengestimasi jumlah terpulihkan aset                           asset is reversed in profit or loss to the extent
           tersebut. Kerugian penurunan nilai yang diakui                 that the carrying amount of the assets does not
           dalam periode-periode sebelumnya akan                          exceed its recoverable amount nor exceed the
           dipulihkan apabila nilai tercatat aset tidak                   carrying amount that would have been
           melebihi jumlah terpulihkannya maupun nilai                    determined, net of depreciation, had no
           tercatat, neto setelah penyusutan, seandainya                  impairment loss been recognized for the asset
           tidak ada rugi penurunan nilai yang telah                      in prior years. After such a reversal, the
           diakui untuk aset tersebut pada sebelumnya.                    depreciation charge on the said asset is
           Setelah pemulihan tersebut, penyusutan aset                    adjusted in future periods to allocate the asset’s
           tersebut disesuaikan di periode-periode                        revised carrying amount, less any residual
           mendatang untuk mengalokasikan nilai                           value, on a systematic basis over its remaining
           tercatat aset yang direvisi, dikurangi nilai                   useful life.
           sisanya, dengan dasar yang sistematis selama
           sisa umur manfaatnya.

      r.   Pengakuan Pendapatan dan Beban                            r.   Revenue and Expense Recognition

           Grup menerapkan PSAK No. 115 yang                              The Group has applied PSAK No. 115, which
           mensyaratkan pengakuan pendapatan harus                        requires revenue recognition to fulfill 5 steps of
           memenuhi 5 langkah analisa sebagai berikut:                    assessment:

           1.   Identifikasi kontrak dengan pelanggan.                    1.   Identify contract(s) with a customer.

           2.   Identifikasi kewajiban pelaksanaan dalam                  2.   Identify the performance obligations in the
                kontrak.       Kewajiban     pelaksanaan                       contract. Performance obligations are
                merupakan janji-janji dalam kontrak untuk                      promises in a contract to transfer to a
                menyerahkan barang atau jasa yang                              customer goods or services that are
                memiliki karakteristik berbeda ke                              distinct.
                pelanggan.




Draft/March 28, 2026                                        - 27 -                                                     paraf:
Page 272
PT MORA TELEMATIKA INDONESIA TBK                                          PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                             Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                               For the Years Ended
31 Desember 2025 dan 2024                                                              December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                              (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                  unless Otherwise Stated)



           3.   Penetapan harga transaksi. Harga                         3.   Determine      the    transaction    price.
                transaksi merupakan jumlah imbalan yang                       Transaction price is the amount of
                berhak diperoleh suatu entitas sebagai                        consideration to which an entity expects to
                kompensasi atas diserahkannya barang                          be entitled in exchange for transferring
                atau jasa yang dijanjikan ke pelanggan.                       promised goods or services to a
                Jika imbalan yang dijanjikan di kontrak                       customer. If the consideration promised in
                mengandung suatu jumlah yang bersifat                         a contract includes a variable amount, the
                variabel, maka Grup membuat estimasi                          Group estimates the amount of
                jumlah imbalan tersebut sebesar jumlah                        consideration to which it expects to be
                yang diharapkan berhak diterima atas                          entitled in exchange for transferring the
                diserahkannya barang atau jasa yang                           promised goods or services to a customer
                dijanjikan ke pelanggan dikurangi dengan                      less the estimated amount of service level
                estimasi jumlah jaminan kinerja jasa yang                     guarantee which will be paid during the
                akan dibayarkan selama periode kontrak.                       contract period.

           4.   Alokasi harga transaksi ke setiap                       4.    Allocate the transaction price to each
                kewajiban         pelaksanaan        dengan                   performance obligation on the basis of the
                menggunakan dasar harga jual berdiri                          relative stand-alone selling prices of each
                sendiri relatif dari setiap barang atau jasa                  distinct goods or services promised in the
                berbeda yang dijanjikan di kontrak. Ketika                    contract. Where these are not directly
                tidak dapat diamati secara langsung,                          observable, the relative stand- alone
                harga jual berdiri sendiri relatif                            selling price are estimated based on
                diperkirakan berdasarkan biaya yang                           expected cost plus margin.
                diharapkan ditambah marjin.

           5.   Pengakuan       pendapatan       ketika                 5.    Recognize revenue when performance
                kewajiban pelaksanaan telah dipenuhi                          obligation is satisfied by transferring a
                dengan menyerahkan barang atau jasa                           promised goods or services to a customer
                yang dijanjikan ke pelanggan (ketika                          (which is when the customer obtains
                pelanggan telah memiliki pengendalian                         control of that goods or services).
                atas barang atau jasa tersebut).

           Kewajiban pelaksanaan        dapat    dipenuhi               A performance obligation may be satisfied at the
           dengan 2 cara, yakni:                                        2 ways the following:

           a. Suatu titik waktu (umumnya janji untuk                     a. A point in time (typically for promises to
              menyerahkan barang ke pelanggan); atau                        transfer goods to a customer); or

           b. Suatu periode waktu (umumnya janji untuk                   b. Over time (typically for promises to
              menyerahkan jasa ke pelanggan). Untuk                         transfer services to a customer).
              kewajiban pelaksanaan yang dipenuhi                           For a performance obligation satisfied over
              dalam suatu periode waktu, Grup memilih                       time, the Group selects an appropriate
              ukuran penyelesaian yang sesuai untuk                         measure of progress to determine the
              penentuan jumlah pendapatan yang harus                        amount of revenue that should be
              diakui   karena    telah   terpenuhinya                       recognized as the performance obligation
              kewajiban pelaksanaan.                                        is satisfied.

           Pembayaran harga transaksi berbeda untuk                     Payment of the transaction price is different for
           setiap kontrak. Aset kontrak diakui ketika                   each contract. A contract asset is recognized
           jumlah penerimaan dari pelanggan kurang dari                 once the consideration paid by customer is less
           saldo kewajiban pelaksanaan yang telah                       than the balance of performance obligation
           dipenuhi. Kewajiban kontrak diakui ketika                    which has been satisfied. A contract liability is
           jumlah penerimaan dari pelanggan lebih dari                  recognized once the consideration paid by
           saldo kewajiban pelaksanaan yang telah                       customer is more than the balance of
           dipenuhi.                                                    performance obligation which has been
                                                                        satisfied.

           Kewajiban Grup terhadap kontrak dengan                       The obligation of the Group from the contracts
           pelanggan sehubungan dengan pendapatan                       with customers relating to below revenues are
           dibawah ini ditentukan sebagai kewajiban                     determined to be a single performance
           pelaksanaan tunggal:                                         obligation:



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Page 273
PT MORA TELEMATIKA INDONESIA TBK                                            PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
31 Desember 2025 dan 2024                                                                December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                    unless Otherwise Stated)



           •   Pendapatan atas jasa pemasangan baru                       •   Revenue from new installations is
               diakui pada saat terminal pelanggan siap                       recognized when the terminal is completed
               untuk digunakan.                                               and ready for use by the customer.

           •   Pendapatan dari internet, penyediaan                       •   Revenues from internet, telecommunication
               jaringan telekomunikasi (domestik dan                          network (domestic and international) and
               internasional) dan jasa telekomunikasi                         other telecommunication services are
               lainnya diakui pada saat jasa diberikan.                       recognized when the services are rendered.

           Sewa diterima dimuka sehubungan dengan                         Rental fees received in advance in relation to
           perjanjian Indefeasible Right of Use (IRU)                     the Indefeasible Rights of Use (IRU)
           ditangguhkan dan diakui sebagai pendapatan                     arrangements are deferred and recognized as
           ditangguhkan. Pendapatan diakui secara garis                   deferred income. Revenue is recognized on
           lurus sepanjang masa sewa.                                     straight-line basis over the lease term.

           Pendapatan bunga dan beban bunga diakui                        Interest income and interest expense are
           dalam laba rugi menggunakan metode suku                        recognized in profit or loss as it accrues using
           bunga efektif.                                                 the effective interest rate method.

           Beban diakui pada saat terjadinya (accrual                     Expenses are recognized when incurred
           basis).                                                        (accrual basis).

           Pendapatan dan beban konstruksi                                Construction revenues and expenses

           Pada entitas anak, PT Oxygen Infrastuktur                      In a subsidiary, PT Oxygen Infrasturktur
           Indonesia, pengakuan pendapatan dan beban                      Indonesia, contract revenues and costs
           kontrak yang berhubungan dengan kontrak                        recognition associated with the construction
           konstruksi diakui masing-masing sebagai                        contract are recognized as revenues and
           pendapatan dan beban pada saat penyerahan                      expenses respectively at the time of delivery of
           barang yang dinyatakan dalam bentuk Berita                     the goods as declared in the form of minutes of
           Acara    Serah    Terima    (BAST)   yang                      hand over signed by both parties.
           ditandatangani kedua belah pihak.

      s.   Biaya Pinjaman                                            s.   Borrowing Cost

           Biaya pinjaman yang dapat diatribusikan                        Borrowing costs which are directly attributable
           secara      langsung  dengan     perolehan,                    to the acquisition, construction, or production of
           konstruksi, atau pembuatan aset kualifikasian                  qualifying assets are capitalized as part of the
           dikapitalisasi sebagai bagian dari biaya                       acquisition cost of the qualifying assets. Other
           perolehan aset tersebut. Biaya pinjaman                        borrowing costs are recognized as expense in
           lainnya diakui sebagai beban pada saat                         the period in which they are incurred.
           terjadinya.

           Jika Grup meminjam dana secara khusus                          To the extent that the Group borrows funds
           untuk tujuan memperoleh aset kualifikasian,                    specifically for the purpose of obtaining a
           maka entitas menentukan jumlah biaya                           qualifying asset, the entity determines the
           pinjaman yang layak dikapitalisasikan sebesar                  amount of borrowing costs eligible for
           biaya pinjaman aktual yang terjadi selama                      capitalization as the actual borrowing costs
           tahun berjalan dikurangi penghasilan investasi                 incurred on that borrowing during the year less
           atas investasi sementara dari pinjaman                         any investment income on the temporary
           tersebut.                                                      investment of those borrowings.

           Jika pengembangan aktif atas aset                              The Group suspends capitalization of borrowing
           kualifikasian dihentikan, Grup menghentikan                    costs during extended periods in which it
           kapitalisasi biaya pinjaman selama periode                     suspends active development of a qualifying
           yang diperpanjang tersebut.                                    asset.




Draft/March 28, 2026                                        - 29 -                                                    paraf:
Page 274
PT MORA TELEMATIKA INDONESIA TBK                                            PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
31 Desember 2025 dan 2024                                                                December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                    unless Otherwise Stated)



           Kapitalisasi biaya pinjaman dihentikan saat                    The Group ceases capitalizing borrowing costs
           selesainya secara subtansi seluruh aktivitas                   when substantially all the activities necessary to
           yang diperlukan untuk mempersiapkan aset                       prepare the qualifying asset for its intended use
           kualifikasian agar dapat digunakan atau dijual                 or sale are complete.
           sesuai dengan maksudnya.

      t.   Imbalan Kerja                                             t.   Employee Benefits

           Liabilitas Imbalan Kerja Jangka Pendek                         Short-term Employee Benefits Liability

           Imbalan kerja jangka pendek diakui sebesar                     Short-term employee benefits are recognized at
           jumlah yang tak-terdiskonto sebagai liabilitas                 its undiscounted amount as a liability after
           pada laporan posisi keuangan konsolidasian                     deducting any amount already paid in the
           setelah dikurangi dengan jumlah yang telah                     consolidated statement of financial position and
           dibayar dan sebagai beban dalam laba rugi.                     as an expense in profit or loss.


           Liabilitas Imbalan Kerja Jangka Panjang                        Long-term Employee Benefits Liability

           Liabilitas imbalan kerja jangka panjang                        Long-term employee benefits liability represents
           merupakan imbalan pasca-kerja manfaat pasti                    post-employment benefits, unfunded defined-
           yang dibentuk tanpa pendanaan khusus dan                       benefit plans which amounts are determined
           didasarkan pada masa kerja dan jumlah                          based on years of service and salaries of the
           penghasilan karyawan pada saat pensiun                         employees at the time of pension and calculated
           yang dihitung menggunakan metode Projected                     using the projected unit credit. Remeasurement
           Unit Credit. Pengukuran kembali liabilitas                     is reflected immediately in the consolidated
           imbalan pasti langsung diakui dalam laporan                    statement of financial position with a charge or
           posisi    keuangan      konsolidasian    dan                   credit recognized in other comprehensive
           penghasilan komprehensif lain pada periode                     income in the period in which they occur and not
           terjadinya dan tidak akan direklasifikasi ke                   to be reclassified to profit or loss but reflected
           laba rugi, namun menjadi bagian dari saldo                     immediately in retained earnings. All other costs
           laba. Biaya liabilitas imbalan pasti lainnya                   related to the defined-benefit plan are
           terkait dengan program imbalan pasti diakui                    recognized in profit or loss.
           dalam laba rugi.

      u.   Pajak Penghasilan                                         u.   Income Tax

           Pajak Kini                                                     Current Tax

           Pajak kini ditentukan berdasarkan laba kena                    Current tax expense is determined based on the
           pajak dalam tahun yang bersangkutan yang                       taxable income for the year computed using
           dihitung berdasarkan tarif pajak yang berlaku.                 prevailing tax rates.

           Pajak Tangguhan                                                Deferred Tax

           Pajak tangguhan diakui sebagai liabilitas jika                 Deferred tax is provided using the liability
           terdapat perbedaan temporer kena pajak yang                    method on temporary differences between the
           timbul dari perbedaan antara dasar                             tax bases of assets and liabilities and their
           pengenaan pajak aset dan liabilitas dengan                     carrying amounts for financial reporting
           jumlah tercatatnya pada tanggal pelaporan.                     purposes at the reporting date.

           Aset pajak tangguhan diakui untuk seluruh                      Deferred tax assets are recognized for all
           perbedaan temporer yang dapat dikurangkan                      deductible temporary differences and the carry
           dan rugi fiskal yang dapat dikompensasikan.                    forward benefit of any unused tax losses.
           Aset pajak tangguhan diakui dan direviu pada                   Deferred tax assets are recognized and
           setiap tanggal pelaporan atau diturunkan                       reviewed at each reporting date and reduced to
           jumlah tercatatnya, sepanjang kemungkinan                      the extent that it is probable that taxable profit
           besar laba kena pajak tersedia untuk                           will be available against which the deductible
           pemanfaatan perbedaan temporer yang dapat                      temporary differences and the carry forward
           dikurangkan dan rugi fiskal yang dapat                         benefit of unused tax losses can be utilized.
           dikompensasikan.



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PT MORA TELEMATIKA INDONESIA TBK                                              PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                               AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                 Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                   For the Years Ended
31 Desember 2025 dan 2024                                                                  December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                  (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                      unless Otherwise Stated)



           Aset dan liabilitas pajak tangguhan diukur                       Deferred tax assets and liabilities are measured
           dengan menggunakan tarif pajak yang                              at the tax rates that are expected to apply in the
           diharapkan berlaku ketika aset dipulihkan atau                   year when the asset is realized or the liability is
           liabilitas diselesaikan, berdasarkan tarif pajak                 settled, based on tax rates (or tax laws) that
           (atau peraturan pajak) yang telah berlaku atau                   have been enacted or substantively enacted at
           secara substantif telah berlaku pada tanggal                     the reporting date.
           pelaporan.

           Aset pajak tangguhan dan liabilitas pajak                        Deferred tax assets and deferred tax liabilities
           tangguhan saling hapus jika dan hanya jika,                      are offset if and only if, a legally enforceable
           terdapat hak yang dipaksakan secara hukum                        right exists to set off current tax assets against
           untuk melakukan saling hapus aset pajak kini                     current tax liabilities and the deferred taxes
           terhadap liabilitas pajak kini dan pajak                         relate to the same taxable entity and the same
           tangguhan tersebut terkait dengan entitas                        taxation authority.
           kena pajak yang sama dan dikenakan oleh
           otoritas perpajakan yang sama.

      v.   Aset Pengampunan Pajak                                      v.   Tax Amnesty Assets

           Pada     saat   pengakuan    awal,    aset                       At initial recognition, tax amnesty assets are
           pengampunan pajak diukur sebesar biaya                           measured at cost, based on Letter of Tax
           perolehan, sesuai dengan Surat Keterangan                        Amnesty Annotation issued by the Minister of
           Pengampunan Pajak yang diterbitkan oleh                          Finance of the Republic of Indonesia.
           Menteri Keuangan Republik Indonesia.

           Aset pengampunan pajak dikreditkan pada                          Tax amnesty assets are recognized with
           akun tambahan modal disetor.                                     corresponding credit to additional paid-in
                                                                            capital.

           Pengukuran setelah pengakuan awal aset                           Subsequent measurement of tax amnesty
           pengampunan pajak mengacu pada masing-                           assets is in accordance with subsequent
           masing kebijakan akuntansi relevan yang                          measurement provision of each relevant
           diterapkan Grup untuk aset serupa.                               accounting policies applied by the Group for
                                                                            similar assets.

      w.   Laba Per Saham                                              w.   Earnings Per Share

           Laba per saham dasar dihitung dengan                             Earnings per share are computed by dividing
           membagi laba bersih yang dapat diatribusikan                     profit attributable to owners of the Company by
           kepada pemilik entitas induk dengan jumlah                       the weighted average number of shares
           rata-rata tertimbang saham yang beredar pada                     outstanding during the year.
           tahun yang bersangkutan.

      x.   Segmen Operasi                                              x.   Operating Segments

           Segmen operasi diidentifikasi berdasarkan                        Operating segments are identified on the basis
           laporan internal komponen-komponen Grup                          of internal reports about components of the
           yang secara berkala dilaporkan kepada                            Group that are regularly reviewed by the chief
           pengambil keputusan operasional dalam                            operating decision maker in order to allocate
           rangka alokasi sumber daya ke dalam segmen                       resources to the segments and to assess their
           dan penilaian kinerja Grup.                                      performances.

      y.   Provisi                                                     y.   Provisions

           Provisi diakui jika Grup mempunyai kewajiban                     Provisions are recognized when Group has
           kini (hukum maupun konstruktif) sebagai                          present obligation (legal or constructive) as a
           akibat     peristiwa     masa  lalu,   yang                      result of a past event, it is probable that the
           memungkinkan Grup harus menyelesaikan                            Group will be required to settle the obligation,
           kewajiban tersebut dan estimasi yang andal                       and a reliable estimate can be made of the
           mengenai jumlah kewajiban tersebut dapat                         amount of the obligation.
           dibuat.




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PT MORA TELEMATIKA INDONESIA TBK                                                    PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                     AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                       Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                         For the Years Ended
31 Desember 2025 dan 2024                                                                        December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                        (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                            unless Otherwise Stated)


           Jumlah yang diakui sebagai provisi adalah                              The amount recognized as a provision is the
           hasil estimasi terbaik pengeluaran yang                                best estimate of the consideration required to
           diperlukan untuk menyelesaikan kewajiban                               settle the obligation at the reporting date, taking
           kini pada tanggal pelaporan, dengan                                    into account the risks and uncertainties
           mempertimbangkan risiko dan ketidakpastian                             surrounding the obligation.
           terkait kewajiban tersebut.

      z.   Peristiwa Setelah Periode Pelaporan                               z.   Events After the Reporting Period

           Peristiwa-peristiwa yang terjadi setelah                               Post year-end events that provide additional
           periode pelaporan yang menyediakan                                     information about the consolidated statement of
           tambahan      informasi     mengenai       posisi                      financial position at the reporting date (adjusting
           keuangan konsolidasian Grup pada tanggal                               events), if any, are reflected in the consolidated
           laporan posisi keuangan konsolidasian                                  financial statements. Post year-end events that
           (peristiwa penyesuai), jika ada, telah tercermin                       are not adjusting events are disclosed in the
           dalam laporan keuangan konsolidasian.                                  notes to consolidated financial statements when
           Peristiwa-peristiwa yang terjadi setelah                               material.
           periode pelaporan yang tidak memerlukan
           penyesuaian (peristiwa non-penyesuai),
           apabila jumlahnya material, telah diungkapkan
           dalam laporan keuangan konsolidasian.


 3.   Penggunaan Estimasi,          Pertimbangan,      dan              3.   Management Use of Estimates, Judgments, and
      Asumsi Manajemen                                                       Assumptions

      Dalam penerapan kebijakan akuntansi Grup, seperti                      In the application of the Group’s accounting policies,
      yang diungkapkan dalam Catatan 2 pada laporan                          which are described in Note 2 to the consolidated
      keuangan konsolidasian, manajemen harus                                financial statements, management is required to
      membuat estimasi, pertimbangan, dan asumsi atas                        make estimates, judgments, and assumptions about
      nilai tercatat aset dan liabilitas yang tidak tersedia                 the carrying amounts of assets and liabilities that are
      oleh sumber-sumber lain. Estimasi dan asumsi                           not readily apparent from other sources. The
      tersebut, berdasarkan pengalaman historis dan                          estimates and assumptions are based on historical
      faktor lain yang dipertimbangkan relevan.                              experience and other factors that are considered to
                                                                             be relevant.

      Manajemen berkeyakinan bahwa pengungkapan                              Management believes that the following represent a
      berikut telah mencakup ikhtisar estimasi,                              summary of the significant estimates, judgments and
      pertimbangan dan asumsi signifikan yang dibuat                         assumptions made that affected certain reported
      oleh manajemen, yang berdampak terhadap                                amounts and disclosures in the consolidated financial
      jumlah-jumlah yang dilaporkan serta pengungkapan                       statements.
      dalam laporan keuangan konsolidasian.

      Pertimbangan                                                           Judgments

      Pertimbangan-pertimbangan berikut dibuat oleh                          The following judgments are made by management
      manajemen dalam proses penerapan kebijakan                             in the process of applying the Group’s accounting
      akuntansi Grup yang memiliki dampak yang paling                        policies that have the most significant effects on the
      signifikan terhadap jumlah-jumlah yang diakui                          amounts recognized in the consolidated financial
      dalam laporan keuangan konsolidasian:                                  statements:

      a.   Mata Uang Fungsional                                              a.   Functional Currency

           Dalam proses penerapan kebijakan akuntansi                             In the process of applying the Group’s
           Grup,    manajemen         telah     membuat                           accounting policies, management has made
           pertimbangan untuk menentukan mata uang                                judgment on the determination of functional
           fungsional entitas anak luar negeri.                                   currency of the foreign subsidiary.




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Page 277
PT MORA TELEMATIKA INDONESIA TBK                                             PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                              AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                  For the Years Ended
31 Desember 2025 dan 2024                                                                 December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                 (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                     unless Otherwise Stated)


           Mata uang fungsional Perusahaan dan entitas                     The functional currency of the Company and its
           anak adalah mata uang lingkungan ekonomi                        subsidiaries is the currency of the primary
           utama dimana masing-masing entitas                              economic environment in which each of them
           beroperasi. Mata uang tersebut adalah yang                      operates. It is the currency, among others, that
           paling mempengaruhi harga jual barang dan                       mainly influences sales prices for goods and
           jasa, dan mata uang dari negara yang                            services, and of the country whose competitive
           kekuatan persaingan dan peraturannya                            forces and regulations mainly determine the
           sebagian besar menentukan harga jual                            sales prices of its goods and services, and the
           barang dan jasa entitas, dan merupakan mata                     currency in which funds from financing activities
           uang yang mana dana dari aktivitas                              are generated.
           pendanaan dihasilkan.

      b.   Klasifikasi Aset Keuangan dan Liabilitas                   b.   Classification of Financial Assets and Liabilities
           Keuangan

           Grup menentukan klasifikasi aset dan liabilitas                 The Group determines the classifications of
           tertentu sebagai aset keuangan dan liabilitas                   certain assets and liabilities as financial assets
           keuangan dengan menilai apakah aset dan                         and liabilities by judging if they meet the criteria
           liabilitas tersebut memenuhi kriteria yang                      set forth in PSAK No. 109. Accordingly, the
           ditetapkan dalam PSAK No. 109. Aset                             financial assets and liabilities are accounted for
           keuangan dan liabilitas keuangan dicatat                        in accordance with the Group’s accounting
           sesuai dengan kebijakan akuntansi Grup                          policies disclosed in Note 2.
           sebagaimana diungkapkan dalam Catatan 2.

      c.   Cadangan Kerugian Penurunan Nilai Aset                     c.   Allowance for Impairment of Financial Assets
           Keuangan

           Pada setiap tanggal laporan posisi keuangan,                    At each financial position reporting date, the
           Grup menilai apakah risiko kredit atas                          Group assesses whether the credit risk of a
           instrumen keuangan, selain piutang usaha,                       financial instrument, other than trade
           telah meningkat secara signifikan sejak                         receivables, has increased significantly since
           pengakuan awal. Ketika melakukan penilaian                      initial recognition. When making the
           tersebut, Grup mempertimbangkan perubahan                       assessment, the Group uses the change in the
           risiko gagal bayar yang terjadi selama umur                     risk of a default over the expected life of the
           instrumen keuangan. Dalam melakukan                             financial instrument. To make that assessment,
           penilaian tersebut, Grup membandingkan                          the Group compares the risk of a default
           risiko gagal bayar yang terjadi pada tanggal                    occurring on the financial instrument as at the
           pelaporan dengan risiko gagal bayar pada                        reporting date with the risk of a default occurring
           saat       pengakuan        awal,      serta                    on the financial instrument as at the date of
           mempertimbangkan informasi, termasuk                            initial recognition and consider reasonable and
           informasi masa lalu, kondisi saat ini, dan                      supportable information, including that which is
           informasi bersifat perkiraan masa depan                         forward-looking, that is available without undue
           (forward-looking), yang wajar dan terdukung                     cost or effort.
           yang tersedia tanpa biaya atau upaya
           berlebihan.

           Grup mengukur cadangan kerugian sepanjang                       The Group measures the loss allowance for a
           umurnya, jika risiko kredit atas instrumen                      financial instrument at an amount equal to the
           keuangan tersebut telah meningkat secara                        lifetime expected credit losses if the credit risk
           signifikan sejak pengakuan awal, jika tidak,                    on that financial instrument has increased
           maka Grup mengukur cadangan kerugian                            significantly since initial recognition, otherwise,
           untuk instrumen keuangan tersebut sejumlah                      the Group measures the loss allowance for that
           kerugian kredit ekspektasian 12 bulan. Suatu                    financial instrument at an amount equal to 12-
           evaluasi      yang      bertujuan       untuk                   month expected credit losses. Evaluation of
           mengidentifikasi jumlah cadangan kerugian                       financial assets to determine the allowance for
           ekspektasian yang harus dibentuk, dilakukan                     expected loss to be provided is performed
           secara berkala pada setiap periode pelaporan.                   periodically in each reporting period. Therefore,
           Oleh karena itu, saat dan besaran jumlah                        the timing and amount of allowance for
           cadangan kerugian ekspektasian yang                             expected credit loss recorded at each period
           tercatat pada setiap periode dapat berbeda                      might differ based on the judgments and
           tergantung pada pertimbangan atas informasi                     estimates that are available or valid at each
           yang tersedia atau berlaku pada saat itu.                       period.




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Page 278
PT MORA TELEMATIKA INDONESIA TBK                                              PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                               AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                 Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                   For the Years Ended
31 Desember 2025 dan 2024                                                                  December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                  (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                      unless Otherwise Stated)



           Nilai tercatat aset keuangan Grup yang diukur                    The carrying values of the Group’s financial
           pada biaya perolehan diamortisasi pada                           assets    at   amortized    cost   as     of
           tanggal      31     Desember    2025     dan                     December 31, 2025 and 2024 are as follows:
           2024 adalah sebagai berikut:

                                                       2025                  2024

            Aset keuangan yang diukur pada
              biaya perolehan di amortisasi                                                  Financial assets at amortized cost
              Kas dan setara kas                           1.365.807          1.819.585        Cash and cash equivalents
              Aset pengampunan pajak - kas                       100                100        Tax amnesty asset - cash
              Piutang usaha - bersih                         706.321            608.590        Trade accounts receivable - net
              Piutang lain-lain                                5.039              5.793        Other accounts receivable
              Aset yang dibatasi penggunaannya                16.000             17.674        Restricted assets
              Piutang konsesi jasa                         3.767.551          4.077.232        Service concession receivable
              Uang jaminan dalam akun                                                          Security deposits under
                 "Aset lancar lain-lain"                        788                  1.768       "Other current assets"
              Uang jaminan dalam akun                                                          Security deposits under
                 "Aset lain-lain"                             10.719                11.342       "Other assets"

            Jumlah                                         5.872.325          6.542.084      Total


      d.   Transaksi Sewa                                              d.   Lease Transactions

           Grup sebagai Penyewa                                             Group as Lessee

           Grup telah menandatangani sejumlah                               The Group has entered into various lease
           perjanjian sewa ruangan serta perjanjian                         agreements for commercial spaces and
           sewa sejumlah mesin dan peralatan.                               commercial machineries and equipment.
           Grup menentukan bahwa sewa tersebut                              The Group has determined that those leases
           memenuhi      kriteria pengakuan          dan                    meet the criteria for recognition and
           pengukuran aset hak-guna dan liabilitas sewa.                    measurement of right-of-use assets and lease
           Grup juga menentukan sejumlah sewa                               liabilities. The Group has determined certain
           termasuk sewa jangka pendek dan                                  lases are short-term leases and applied PSAK
           menerapkan ketentuan PSAK No. 116, Sewa,                         No. 116, Leases, about exemptions on short-
           mengenai pengecualian sewa jangka pendek.                        term leases.

           Grup sebagai Pesewa                                              Group as Lessor

           Grup telah menandatangani sejumlah                               The Group has entered into various commercial
           perjanjian sewa ruangan. Grup menentukan                         lease agreements. The Group has determined
           bahwa sewa tersebut adalah sewa operasi                          that those are operating leases since the Group
           karena Grup menanggung secara signifikan                         bears substantially all the significant risks and
           seluruh risiko dan manfaat dari kepemilikan                      rewards of ownership of the related assets.
           aset-aset tersebut.

      e.   Pajak Penghasilan                                           e.   Income Taxes

           Pertimbangan yang signifikan dibutuhkan                          Significant judgment is required in determining
           untuk menentukan jumlah pajak penghasilan.                       the provision for income taxes. There are many
           Terdapat sejumlah transaksi dan perhitungan                      transactions and calculations for which the
           yang menimbulkan ketidakpastian penentuan                        ultimate tax determination is uncertain due to
           jumlah pajak penghasilan karena interpretasi                     different interpretation of tax regulations. Where
           atas peraturan pajak yang berbeda. Jika hasil                    the final tax outcome of this matter is different
           pemeriksaan pajak berbeda dengan jumlah                          from the amounts that were initially recorded,
           yang sebelumnya telah dibukukan, maka                            such differences will have an impact on the
           selisih tersebut akan berdampak terhadap                         current and deferred income tax assets and
           aset dan liabilitas pajak kini dan tangguhan                     liabilities in the period in which such
           dalam periode dimana hasil pemeriksaan                           determination is made.
           tersebut terjadi.




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PT MORA TELEMATIKA INDONESIA TBK                                            PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
31 Desember 2025 dan 2024                                                                December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                    unless Otherwise Stated)



      f.   Perjanjian Konsesi Jasa                                   f.   Service Concession Arrangement

           Dalam menerapkan ISAK No. 112,                                 In applying ISAK No. 112, PT Palapa Ring
           PT Palapa Ring Barat (PRB) dan                                 Barat (PRB) and PT Palapa Timur Telematika
           PT Palapa Timur Telematika (PTT), entitas                      (PTT), subsidiaries, have made a judgment that
           anak, telah membuat pertimbangan bahwa                         its fiber optic network is within the scope of
           jaringan fiber optiknya termasuk dalam ruang                   ISAK No. 112 primarily because the Grantor
           lingkup ISAK No. 112 terutama karena                           (Ministry of Communication and Information
           Grantor (Kementerian Komunikasi dan                            Technology), a public sector entity, regulates or
           Informatika), badan sektor publik, mengatur                    controls what services should be provided by
           atau mengendalikan jasa apa yang harus                         PRB and PTT with the infrastructure pursuant
           diberikan oleh PRB dan PTT dengan                              to the Cooperation Agreement, which services
           infrastruktur sesuai dengan Perjanjian                         are intended for public use.
           Kerjasama, dimana jasa ditujukan untuk
           penggunaan publik.

           PRB dan PTT juga berkeyakinan bahwa                            PRB and PTT also believes that the fiber optic
           jaringan fiber optik tersebut memenuhi                         network qualifies under the financial asset
           kualifikasi sebagai aset keuangan dimana                       model wherein the concession asset is
           aset konsesi diakui sebagai aset keuangan                      recognized as a financial asset in accordance
           sesuai dengan PSAK No. 239 "Instrumen                          with PSAK No. 239 “Financial Instruments:
           Keuangan: Pengakuan dan Pengukuran”.                           Recognition and Measurement”. Under the
           Dalam model aset keuangan, PRB dan PTT                         financial asset model, PRB and PTT had
           mengakui imbalan yang diterima atau                            recognized the consideration received or
           ditagihkan sebagai ganti jasa konstruksi                       receivable in exchange for its infrastructure
           infrastruktur atau akuisisi infrastruktur yang                 construction services or its acquisition of
           digunakan dalam perjanjian sebagai aset                        infrastructure to be used in the arrangements
           keuangan sejauh PRB dan PTT memiliki hak                       as a financial asset to the extent that PRB and
           kontraktual tanpa syarat untuk menerima kas                    PTT has an unconditional contractual right to
           atau aset keuangan lainnya atas jasa                           receive cash or other financial asset for its
           konstruksinya dari atau atas arahan Grantor.                   construction services from or at the direction of
                                                                          the Grantor.

           Estimasi dan Asumsi                                            Estimates and Assumptions

           Asumsi utama mengenai masa depan dan                           The key assumptions concerning the future
           sumber utama lain dalam mengestimasi                           and other key sources of estimation uncertainty
           ketidakpastian pada tanggal pelaporan                          at the reporting date that have a significant
           yang mempunyai risiko signifikan yang                          risk of causing a material adjustment to the
           dapat menyebabkan penyesuaian material                         carrying amounts of assets and liabilities within
           terhadap nilai tercatat aset dan liabilitas                    the next financial period are disclosed below.
           dalam periode berikutnya diungkapkan di                        The Group based its assumptions and
           bawah ini. Grup mendasarkan asumsi dan                         estimates on parameters available when the
           estimasi pada parameter yang tersedia saat                     consolidated financial statements were
           laporan keuangan konsolidasian disusun.                        prepared.    Existing    circumstances       and
           Kondisi yang ada dan asumsi mengenai                           assumptions about future developments may
           perkembangan masa depan dapat berubah                          change due to market changes on
           karena perubahan situasi pasar yang berada                     circumstances arising beyond the control of the
           di luar kendali Grup. Perubahan tersebut                       Group. Such changes are reflected in the
           tercermin dalam asumsi ketika keadaan                          assumptions when they occur.
           tersebut terjadi.




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PT MORA TELEMATIKA INDONESIA TBK                                       PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
31 Desember 2025 dan 2024                                                           December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                           (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)


           a.   Nilai Wajar Aset dan Liabilitas Keuangan             a.   Fair Value of Financial Asset and
                                                                          Liabilities

                Standar Akuntansi Keuangan di                             Indonesian       Financial      Accounting
                Indonesia mensyaratkan pengukuran                         Standards require measurement of certain
                aset keuangan dan liabilitas keuangan                     financial assets and liabilities at fair
                tertentu pada nilai wajarnya, dan                         values, and the disclosure requires the
                penyajian         ini      mengharuskan                   use of estimates. Significant component of
                penggunaan        estimasi.   Komponen                    fair value measurement is determined
                pengukuran nilai wajar yang signifikan                    based on verifiable objective evidence
                ditentukan berdasarkan bukti-bukti                        (i.e. foreign exchange rate, interest rate),
                obyektif yang dapat diverifikasi (seperti                 while timing and amount of changes in fair
                nilai tukar, suku bunga), sedangkan saat                  value might differ due to different
                dan besaran perubahan nilai wajar dapat                   valuation method used.
                menjadi berbeda karena penggunaan
                metode penilaian yang berbeda.

                Nilai wajar aset dan liabilitas keuangan                  The fair value of financial asset and
                diungkapkan pada Catatan 26.                              liabilities are set out in Note 26.

           b.   Revaluasi Aset Tetap                                 b.   Revaluation of Property and Equipment

                Grup mengukur bangunan, perangkat                         The Group measures buildings, office
                dan perabot kantor, kendaraan, dan                        furniture and fixtures, vehicles, and
                peralatan telekomunikasi pada nilai                       telecommunication facilities at revalued
                revaluasian, dan perubahan nilai wajar                    amounts with changes in fair value being
                aset tersebut diakui dalam penghasilan                    recognized in other comprehensive
                komprehensif lain. Nilai revaluasian aset                 income. The revalued amounts of these
                tersebut pada 31 Desember 2025 dan                        assets as of December 31, 2025 and
                2024 berdasarkan laporan penilai                          2024 were based on independent
                independen dari KJPP Sugianto                             appraisal reports of KJPP Sugianto
                Prasodjo      dan     Rekan      tanggal                  Prasodjo        dan     Rekan       dated
                30 September 2024. Berdasarkan                            September 30, 2024. Based on
                penilaian manajemen tidak terdapat                        assessment from management, there are
                perubahan yang signifikan atas nilai aset                 no significant changes in revalued amount
                dari laporan valuasi terakhir.                            of the assets from the last valuation
                                                                          reports.




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PT MORA TELEMATIKA INDONESIA TBK                                         PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                            Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
31 Desember 2025 dan 2024                                                             December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                             (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)


           c.   Estimasi Masa Manfaat Aset Tetap                       c.     Estimated Useful Lives of Property and
                                                                              Equipment

                Masa manfaat aset tetap Grup                                  The useful life of each of the item of the
                diestimasi berdasarkan jangka waktu                           Group’s property and equipment is
                aset tersebut diharapkan tersedia untuk                       estimated based on the period over which
                digunakan. Estimasi tersebut didasarkan                       the asset expected to be available for use.
                pada penilaian kolektif berdasarkan                           Such estimation is based on a collective
                bidang usaha yang sama, evaluasi                              assessment of similar business, internal
                teknis internal dan pengalaman dengan                         technical evaluation and experience with
                aset sejenis. Estimasi masa manfaat                           similar assets. The estimated useful life of
                setiap aset ditelaah secara berkala dan                       each asset is reviewed periodically and
                diperbarui jika estimasi berbeda dari                         updated if expectations differ from
                perkiraan sebelumnya yang disebabkan                          previous estimates due to physical wear
                karena pemakaian, usang secara teknis                         and tear, technical or commercial
                atau komersial serta keterbatasan hak                         obsolescence, and legal or other limits on
                atau pembatasan lainnya terhadap                              the use of the asset. It is possible,
                penggunaan aset. Dengan demikian,                             however, that future results of operations
                hasil operasi di masa mendatang                               could be materially affected by changes in
                mungkin dapat terpengaruh secara                              the amounts and timing of recorded
                signifikan oleh perubahan dalam jumlah                        expenses brought about by changes in
                dan waktu terjadinya biaya karena                             the factors mentioned above. A reduction
                perubahan yang disebabkan oleh faktor-                        in the estimated useful life of any item of
                faktor yang disebutkan di atas.                               property and equipment would increase
                Penurunan estimasi masa manfaat                               the recorded depreciation and decrease
                ekonomis setiap aset tetap akan                               the carrying values of these assets.
                menyebabkan         kenaikan     beban
                penyusutan dan penurunan nilai tercatat
                aset tetap.

                Nilai tercatat aset tetap tersebut pada                       The    carrying    values of  these
                tanggal 31 Desember 2025 dan 2024                             assets as of December 31, 2025 and
                adalah sebagai berikut:                                       2024 are as follows:

                                                          2025         2024

                 Aset pengampunan pajak - aset tetap           1.727         1.858    Tax amnesty - property and equipment
                 Aset tetap                                6.881.233     6.587.970    Property and equipment
                 Aset hak guna                               147.565       112.378    Right-of-use assets

                 Jumlah                                    7.030.525     6.702.206    Total

           d.   Penurunan Nilai Aset Takberwujud                       d.     Impairment of Intangible Assets

                Aset takberwujud diuji penurunan nilai                        Intangible assets are reviewed for
                apabila indikasi penurunan nilai telah                        impairment      whenever       impairment
                terjadi. Penentuan nilai pakai aset                           indicators are present. Determining the
                takberwujud membutuhkan estimasi arus                         value in use of assets requires the
                kas yang diharapkan akan dihasilkan                           estimation of cash flows expected to be
                dari pemakaian berkelanjutan dan                              generated from the continued use and
                pelepasan akhir atas aset tersebut                            ultimate disposition of such assets (CGU)
                (UPK) serta tingkat diskonto yang tepat                       and a suitable discount rate in order to
                untuk menghitung nilai kini.                                  calculate the present value.




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PT MORA TELEMATIKA INDONESIA TBK                                                     PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                      AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                        Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                          For the Years Ended
31 Desember 2025 dan 2024                                                                         December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                         (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                             unless Otherwise Stated)



                Manajemen       berkeyakinan     bahwa                                  While it is believed that the assumptions
                asumsi-asumsi yang digunakan dalam                                      used in the estimation of the value in use
                estimasi nilai pakai dalam laporan                                      of assets reflected in the consolidated
                keuangan konsolidasian adalah tepat                                     financial statements are appropriate and
                dan wajar, namun demikian, perubahan                                    reasonable, significant changes in this
                signifikan dalam asumsi-asumsi tersebut                                 assumption may materially affect the
                dapat berdampak signifikan pada jumlah                                  assessment of recoverable values and
                nilai terpulihkan dan jumlah kerugian                                   any resulting impairment loss could have
                penurunan nilai yang terjadi mungkin                                    a material adverse impact on the results of
                berdampak material pada hasil operasi                                   the Group’s operations.
                Grup.

                Nilai tercatat aset tak berwujud, disajikan                             The carrying values of intangibles assets
                dalam Catatan 15 atas laporan                                           are described in Note 15 to the
                keuangan konsolidasian.                                                 consolidated financial statements.

           e.   Penurunan Nilai Aset Non-Keuangan                                  e.   Impairment of Non-Financial Assets

                Penelaahan atas penurunan nilai                                         Impairment review is performed when
                dilakukan apabila terdapat indikasi                                     certain impairment indicators are present.
                penurunan nilai aset tertentu. Penentuan                                Determining the fair value of assets
                nilai wajar aset membutuhkan estimasi                                   requires the estimation of cash flows
                arus kas yang diharapkan akan                                           expected to be generated from the
                dihasilkan dari pemakaian berkelanjutan                                 continued use and ultimate disposition of
                dan pelepasan akhir atas aset tersebut.                                 such assets. Any significant changes in
                Perubahan signifikan dalam asumsi-                                      the assumptions used in determining the
                asumsi      yang     digunakan     untuk                                fair value may materially affect the
                menentukan       nilai    wajar    dapat                                assessment of recoverable values and
                berdampak signifikan pada nilai                                         any resulting impairment loss could have
                terpulihkan dan jumlah kerugian                                         a material impact on results of operations.
                penurunan nilai yang terjadi mungkin
                berdampak material pada hasil operasi
                Grup.

                Nilai     tercatat aset     non-                                        The carrying values of thxese assets as of
                keuangan tersebut pada tanggal                                          December 31, 2025 and 2024, are as
                31 Desember 2025 dan 2024 adalah                                        follows:
                sebagai berikut:

                                                                 2025                   2024

                 Aset pengampunan pajak - aset tetap                       1.727              1.857     Tax amnesty - property and equipment
                 Aset tetap                                            8.114.132          7.519.995     Property and equipment
                 Aset hak guna                                           147.565            112.378     Right-of-use assets
                 Persediaan dalam akun                                                                  Inventories under
                    "Aset lancar lain-lain"                             317.215             207.250       "Other current assets"
                 Proyek dalam konstruksi dalam akun                                                     Project in progress under
                    "Aset lain-lain"                                     42.027                84.484     "Other assets"

                 Jumlah                                                8.622.666          7.925.964     Total




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PT MORA TELEMATIKA INDONESIA TBK                                       PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                        AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                            For the Years Ended
31 Desember 2025 dan 2024                                                           December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                           (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                               unless Otherwise Stated)


           f.   Liabilitas Imbalan Kerja Jangka Panjang              f.   Long-term Employee Benefits Liability

                Penentuan liabilitas imbalan kerja jangka                 The determination of the long-term
                panjang dipengaruhi oleh asumsi                           employee benefits is dependent on the
                tertentu yang digunakan oleh aktuaris                     selection of certain assumptions used by
                dalam menghitung jumlah tersebut.                         actuary in calculating such amounts.
                Asumsi-asumsi tersebut dijelaskan                         Those assumptions are described in Note
                dalam Catatan 36 dan mencakup, antara                     36 and include, among others, rate of
                lain, tingkat kenaikan gaji, dan tingkat                  salary increase, and discount rate which is
                diskonto yang ditentukan dengan                           determined after giving consideration to
                mengacu pada imbal hasil pasar atas                       interest rates of Government bonds that
                bunga obligasi Pemerintah dalam mata                      are denominated in the currency in which
                uang yang sama dengan mata uang                           the benefits are to be paid and have terms
                pembayaran imbalan dan memiliki                           of maturity approximating the terms of the
                jangka waktu yang mendekati estimasi                      related employee benefits liability.
                jangka waktu liabilitas imbalan kerja                     Actual results that differ from the Group’s
                jangka panjang tersebut. Hasil aktual                     assumptions        are       charged      to
                yang berbeda dengan asumsi Grup                           comprehensive income and therefore,
                dibukukan         pada       penghasilan                  generally     affect     the     recognized
                komprehensif lain dan dengan demikian,                    comprehensive income and recorded
                berdampak pada jumlah penghasilan                         obligation in such future periods.
                komprehensif lain yang diakui dan                         While it is believed that the Group’s
                liabilitas yang tercatat pada periode-                    assumptions are reasonable and
                periode       mendatang.      Manajemen                   appropriate, significant differences in
                berkeyakinan bahwa asumsi-asumsi                          actual experience or significant changes
                yang digunakan adalah tepat dan wajar,                    in assumptions may materially affect the
                namun demikian, perbedaan signifikan                      amount of long-term employee benefits
                pada hasil aktual, atau perubahan                         liability.
                signifikan dalam asumsi-asumsi tersebut
                dapat berdampak signifikan pada jumlah
                liabilitas imbalan kerja jangka panjang.

                Pada tanggal 31 Desember 2025                             As of December 31, 2025 and 2024, long-
                dan 2024, liabilitas imbalan kerja                        term employee benefits liability amounted
                jangka     panjang   masing-masing                        to Rp 112,392 and Rp 92,341,
                sebesar Rp 112.392 dan Rp 92.341                          respectively (Note 36).
                (Catatan 36).

           g.   Aset Pajak Tangguhan                                 g.   Deferred Tax Assets

                Aset pajak tangguhan diakui untuk                         Deferred tax assets are recognized for all
                semua perbedaan temporer antara nilai                     temporary differences between the
                tercatat aset dan liabilitas pada laporan                 financial statements’ carrying amounts of
                keuangan dengan dasar pengenaan                           existing assets and liabilities and their
                pajak jika besar kemungkinan bahwa                        respective taxes bases to the extent that it
                jumlah laba fiskal akan memadai untuk                     is probable that taxable profit will be
                pemanfaatan perbedaan temporer yang                       available against which the temporary
                diakui. Estimasi manajemen yang                           differences can be utilized. Significant
                signifikan diperlukan untuk menentukan                    management estimates are required to
                jumlah aset pajak tangguhan yang                          determine the amount of deferred tax
                diakui, berdasarkan kemungkinan waktu                     assets that can be recognized, based
                terealisasinya dan jumlah laba kena                       upon the likely timing and the level of
                pajak pada masa mendatang serta                           future taxable profits together with future
                strategi perencanaan pajak masa depan.                    tax planning strategies.




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PT MORA TELEMATIKA INDONESIA TBK                                             PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                              AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                  For the Years Ended
31 Desember 2025 dan 2024                                                                 December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                 (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                     unless Otherwise Stated)



                 Pada tanggal 31 Desember 2025                                     As of December 31, 2025 and 2024,
                 dan 2024, saldo aset pajak tangguhan                              deferred tax assets amounted to Rp 9,161
                 masing-masing sebesar Rp 9.161 dan                                and Rp 9,837, respectively (Note 35).
                 Rp 9.837 (Catatan 35).


 4.   Aset Pengampunan Pajak                                      4.   Tax Amnesty Assets

      Pada tanggal 13 Desember 2016, Perusahaan                        On December 13, 2016, the Company
      menyampaikan Surat Pernyataan Harta untuk                        submitted Letter of Assets Declaration for tax
      pengampunan pajak ke kantor pajak sehubungan                     amnesty to tax office in relation to the Company’s
      dengan keikutsertaan Perusahaan dalam program                    participation in tax amnesty program of the
      pengampunan pajak Pemerintah Indonesia. Pada                     Government of Indonesia. On December 16, 2016,
      tanggal 16 Desember 2016, Perusahaan telah                       the Company received Letter of Tax Amnesty
      menerima Surat Keterangan Pengampunan Pajak                      Annotation from the Minister of Finance
      dari      Menteri       Keuangan       dengan                    No. KET-14930/PP/WPJ.20/2016 as proof that tax
      No. KET-14930/PP/WPJ.20/2016 sebagai bukti                       amnesty has been granted to.
      pemberian pengampunan pajak.

      Rincian aset pengampunan pajak adalah sebagai                    The details of tax amnesty assets are as follows:
      berikut:

                                                 2025                    2024

       Aset Lancar                                                                        Current Assets
         Kas                                              100                     100      Cash

       Aset Tidak Lancar                                                                  Noncurrent Assets
         Peralatan telekomunikasi                        2.921                   2.921     Telecommunication facilities
         Akumulasi penyusutan                           (1.194)                 (1.063)    Accumulated depreciation

         Subjumlah                                      1.727                   1.858       Subtotal

       Jumlah                                           1.827                   1.958     Total

      Beban penyusutan aset pengampunan pajak untuk                    Depreciation expense of tax amnesty assets for the
      tahun-tahun yang berakhir 31 Desember 2025 dan                   years ended December 31, 2025 and 2024 both
      2024 sebesar Rp 131 dicatat sebagai bagian dari                  amounting to Rp 131, is recorded as part of
      “Beban Usaha – lain-lain” (Catatan 32).                          “Operating Expense - others” (Note 32).




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PT MORA TELEMATIKA INDONESIA TBK                                                                              PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                                               AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                 Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                   For the Years Ended
31 Desember 2025 dan 2024                                                                                                  December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                                                  (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                                                      unless Otherwise Stated)



 5.   Kas dan Setara Kas                                                                5.      Cash and Cash Equivalents

                                                                      2025                   2024

      Kas                                                                      605                   554       Cash on hand

      Bank - Pihak ketiga                                                                                      Cash in banks - Third parties
        Rupiah                                                                                                  Rupiah
          PT Bank Negara Indonesia (Persero) Tbk                            366.412            522.584            PT Bank Negara Indonesia (Persero) Tbk
          PT Bank Mandiri (Persero) Tbk                                     284.190            204.548            PT Bank Mandiri (Persero) Tbk
          PT Bank Rakyat Indonesia (Persero) Tbk                             10.358                164            PT Bank Rakyat Indonesia (Persero) Tbk
          PT Bank Permata Tbk                                                 2.878                  -            PT Bank Permata Tbk
          PT Bank Central Asia Tbk                                              826              2.866            PT Bank Central Asia Tbk
          PT Bank Pembangunan Daerah Sumatera Utara                             686              1.124            PT Bank Pembangunan Daerah Sumatera Utara
          PT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk                  528                632            PT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk
          PT Bank Panin Dubai Syariah Tbk                                       228                102            PT Bank Panin Dubai Syariah Tbk
          PT Bank KB Indonesia Tbk                                                                                PT Bank KB Indonesia Tbk
             (dahulu PT Bank KB Bukopin Tbk)                                   167              10.196                (formerly PT Bank KB Bukopin Tbk)
          PT POS Indonesia                                                     141                  74            PT POS Indonesia
          PT Bank CIMB Niaga Tbk                                               102                   -            PT Bank CIMB Niaga Tbk
          PT Bank Pembangunan Daerah Nusa Tenggara Timur                        96                  33             PT Bank Pembangunan Daerah Nusa Tenggara Timur
          PT Bank Sinarmas Tbk                                                  80              23.119             PT Bank Sinarmas Tbk
          PT Bank Pembangunan Daerah Jambi                                      76                   -             PT Bank Pembangunan Daerah Jambi
          PT Bank Maybank Indonesia Tbk                                         54                 313             PT Bank Maybank Indonesia Tbk
          PT Bank Mayapada Internasional                                         7              10.648             PT Bank Mayapada Internasional
          PT Bank Sahabat Sampoerna                                              7                   -             PT Bank Sahabat Sampoerna
          PT Bank MNC Internasional Tbk                                          6                 147             PT Bank MNC Internasional Tbk
          PT Bank Artha Graha Internasional Tbk                                  6                  14             PT Bank Artha Graha Internasional Tbk
          PT Bank Pembangunan Daerah Daerah Istimewa Yogyakarta                  6                   -             PT Bank Pembangunan Daerah Daerah Istimewa Yogyakarta
          PT Bank Woori Saudara Indonesia 1906, Tbk                              6                   -             PT Bank Woori Saudara Indonesia 1906, Tbk
          PT Bank KB Bukopin Syariah                                                                               PT Bank KB Bukopin Syariah
             (dahulu PT Bank Syariah KB Bukopin)                                  5                  120              (formerly PT Bank Syariah KB Bukopin)
          PT Bank Pembangunan Daerah Papua                                        5                   97           PT Bank Pembangunan Daerah Papua
          PT Bank Nano Syariah                                                    5                   80           PT Bank Nano Syariah
          PT Bank Syariah Indonesia Tbk                                           5                    9           PT Bank Syariah Indonesia Tbk
          PT Bank China Construction Bank Indonesia Tbk                           4                    6           PT Bank China Construction Bank Indonesia Tbk
          PT Bank Mega Tbk                                                        4                    5           PT Bank Mega Tbk
          PT Bank Tabungan Pensiunan Nasional Tbk                                 2                    4           PT Bank Tabungan Pensiunan Nasional Tbk
          PT Bank Capital Indonesia Tbk                                           2                  274           PT Bank Capital Indonesia Tbk
          PT Bank OCBC NISP Tbk                                                   -                   51           PT Bank OCBC NISP Tbk
        Dolar Amerika Serikat (Catatan 40)                                                                      U.S. Dollar (Note 40)
          United Overseas Bank Ltd                                           21.622             33.862             United Overseas Bank Ltd
          PT Bank Mandiri (Persero) Tbk                                       3.848              5.586             PT Bank Mandiri (Persero) Tbk
          PT Bank Maybank Indonesia Tbk                                         400                 75             PT Bank Maybank Indonesia Tbk
          PT Bank Sinarmas Tbk                                                    5                  8             PT Bank Sinarmas Tbk
        Dolar Singapura (Catatan 40)                                                                            Singapore Dollar (Note 40)
          United Overseas Bank Ltd                                           12.262                 7.419          United Overseas Bank Ltd
        Euro (Catatan 40)                                                                                       Euro (Note 40)
          PT Bank Maybank Indonesia Tbk                                         11                    12           PT Bank Maybank Indonesia Tbk
        Yen (Catatan 40)                                                                                        Yen (Note 40)
          PT Bank Mandiri (Persero) Tbk                                     100.673                     -          PT Bank Mandiri (Persero) Tbk

      Jumlah kas di bank                                                    805.713            824.172         Total cash in banks

      Deposito berjangka - Pihak ketiga                                                                        Time deposits - Third parties
        Rupiah                                                                                                   Rupiah
          PT Bank Mandiri (Persero) Tbk                                     168.209            533.208             PT Bank Mandiri (Persero) Tbk
          PT Allo Bank Indonesia Tbk                                          5.000             10.000             PT Allo Bank Indonesia Tbk
          PT Bank KB Indonesia Tbk                                                                                 PT Bank KB Indonesia Tbk
             (dahulu PT Bank KB Bukopin Tbk)                                  1.880              1.880                (formerly PT Bank KB Bukopin Tbk)
          PT Bank Negara Indonesia (Persero) Tbk                              1.114              1.500             PT Bank Negara Indonesia (Persero) Tbk
          PT Syailendra Capital                                               1.000                  -             PT Syailendra Capital
          PT Bank Jtrust Indonesia Tbk                                            -             83.000             PT Bank Jtrust Indonesia Tbk
          PT Bank Artha Graha Internasional Tbk                                   -             30.000             PT Bank Artha Graha Internasional Tbk
          PT Mayapada International Indonesia                                     -             14.364             PT Mayapada International Indonesia
          PT Bank KB Bukopin Syariah                                                                               PT Bank KB Bukopin Syariah
             (dahulu PT Bank Syariah KB Bukopin)                                  -             10.000                (formerly PT Bank Syariah KB Bukopin)
          PT Bank Capital Indonesia Tbk                                           -             10.000             PT Bank Capital Indonesia Tbk
          PT Bank CIMB Niaga Tbk                                                  -             10.000             PT Bank CIMB Niaga Tbk
          PT Bank Woori Saudara Indonesia 1906                                    -              5.000             PT Bank Woori Saudara Indonesia 1906
          PT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk                    -              4.000             PT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk
          PT Syailendra Capital                                                   -              1.000             PT Syailendra Capital
        Dolar Amerika Serikat (Catatan 40)                                                                       U.S. Dollar (Note 40)
          United Overseas Bank Ltd                                          332.477            259.885             United Overseas Bank Ltd
          PT Bank Mandiri (Persero) Tbk                                      49.809                  -             PT Bank Mandiri (Persero) Tbk
          PT Bank Rakyat Indonesia (Persero) Tbk                                  -             12.942             PT Bank Rakyat Indonesia (Persero) Tbk
          PT Bank Maybank Indonesia Tbk                                           -              8.080             PT Bank Maybank Indonesia Tbk

      Jumlah deposito berjangka                                             559.489            994.859         Total time deposits

      Jumlah                                                           1.365.807              1.819.585        Total

      Suku bunga deposito berjangka per tahun                                                                  Interest rates per annum on time deposits
        Rupiah                                                    2.25% - 7.35%         2,75% - 7,75%            Rupiah
        Dolar Amerika Serikat                                     1.55% - 4.00%         4,10% - 5,00%            U.S. Dollar
      Nisbah deposito Syariah per tahun                                                                        Profit sharing rate per annum on Sharia time deposits
        Rupiah                                                          -               6,25% - 7,00%            Rupiah


Draft/March 28, 2026                                                           - 41 -                                                                                     paraf:
Page 286
PT MORA TELEMATIKA INDONESIA TBK                                                  PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                   AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                     Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                       For the Years Ended
31 Desember 2025 dan 2024                                                                      December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                      (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                          unless Otherwise Stated)



      Pada tanggal 31 Desember 2025 dan                                   As of December 31, 2025 and 2024, cash and cash
      2024, kas dan setara kas atas bank dan unit bisnis                  equivalents in banks and sharia business unit
      Syariah masing-masing sebesar Rp 243 dan                            amounted to Rp 243 and Rp 10,311, respectively.
      Rp 10.311.

      Pada tanggal 31 Desember 2025 dan                                   As of December 31, 2025 and 2024, cash and cash
      2024, kas dan setara kas milik Grup tidak dibatasi                  equivalents of the Group are not restricted.
      penggunaannya.

      Pada tanggal 31 Desember 2025 dan                                   As of December 31, 2025 and 2024, cash and cash
      2024, kas dan setara kas yang dijaminkan oleh                       equivalents used as collateral by the Group are
      Grup dicatat sebagai aset dibatasi penggunaannya                    recorded as restricted assets (Note 11).
      (Catatan 11).


 6.   Piutang Usaha                                                  6.   Trade Accounts Receivable

      a.   Berdasarkan Jenis Transaksi                                    a.   By Transaction Category

                                                   2025                        2024

           Pihak berelasi (Catatan 39)                                                          Related parties (Note 39)
             Telco                                     114.999                        50.800      Telco
             Cadangan kerugian penurunan nilai             (1.643)                    (1.134)     Allowance for impairment
             Subjumlah bersih                          113.356                        49.666      Subtotal net

           Pihak ketiga                                                                         Third parties
             Telco                                     226.038                    209.501         Telco
             Wholesale                                 153.869                    106.029         Wholesale
             Retail                                    143.730                    121.956         Retail
             Lain-lain                                 119.291                    169.170         Others
             Subjumlah                                 642.928                    606.656         Subtotal
             Cadangan kerugian penurunan nilai         (49.963)                   (47.732)        Allowance for impairment
             Subjumlah bersih                          592.965                    558.924         Subtotal net

           Jumlah                                      706.321                    608.590       Total


      b.   Berdasarkan Umur                                               b.   By Age

                                                   2025                        2024
           Pihak berelasi (Catatan 39)                                                          Related parties (Note 39)
             Belum jatuh tempo                                73                       9.511      Not past due
             Jatuh tempo                                                                          Past due
               31 - 60 hari                                 38                         6.948        31 - 60 days
               61 - 90 hari                            114.535                        13.807        61 - 90 days
               Lebih dari 90 hari                          353                        20.534        More than 90 days
             Subjumlah                                 114.999                        50.800      Subtotal
             Cadangan kerugian penurunan nilai             (1.643)                    (1.134)     Allowance for impairment
             Subjumlah bersih                          113.356                        49.666      Subtotal net




Draft/March 28, 2026                                        - 42 -                                                           paraf:
Page 287
PT MORA TELEMATIKA INDONESIA TBK                                            PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
31 Desember 2025 dan 2024                                                                December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                    unless Otherwise Stated)



                                                    2025                   2024
           Pihak ketiga                                                                     Third parties
             Belum jatuh tempo                            281.001             205.287         Not past due
             Jatuh tempo                                                                      Past due
               31 - 60 hari                               176.052             183.990            31 - 60 days
               61 - 90 hari                                60.678              57.200            61 - 90 days
               Lebih dari 90 hari                         125.197             160.179            More than 90 days
             Subjumlah                                    642.928             606.656         Subtotal
             Cadangan kerugian penurunan nilai            (49.963)            (47.732)        Allowance for impairment
             Subjumlah bersih                             592.965             558.924         Subtotal net

           Jumlah                                         706.321             608.590       Total


      c.   Berdasarkan Mata Uang                                     c.   By Currency

                                                    2025                   2024
           Pihak berelasi (Catatan 39)                                                      Related parties (Note 39)
             Rupiah                                       114.999                 50.800      Rupiah
             Cadangan kerugian penurunan nilai             (1.643)                (1.134)     Allowance for impairment
             Subjumlah bersih                             113.356                 49.666      Subtotal net

           Pihak ketiga                                                                     Third parties
             Rupiah                                       570.266             549.441         Rupiah
             Dollar Amerika Serikat (Catatan 40)           72.248              56.756         U.S. Dollar (Note 40)
             Dolar Singapura (Catatan 40)                     414                 459         Singapore Dollar (Note 40)
             Subjumlah                                    642.928             606.656         Subtotal
             Cadangan kerugian penurunan nilai            (49.963)               (47.732)     Allowance for impairment
             Subjumlah                                    592.965             558.924         Subtotal

           Jumlah Bersih                                  706.321             608.590       Total Net


      Perubahan dalam kerugian penurunan nilai piutang               The changes in allowance for impairment are as
      adalah sebagai berikut:                                        follows:

                                                   2025                   2024

       Saldo awal                                         48.866                  45.212    Beginning balance
       Penambahan cadangan kerugian
         penurunan nilai (Catatan 32)                      2.740                   3.654    Provision for impairment (Note 32)

       Saldo akhir                                        51.606                  48.866    Ending balance


      Cadangan kerugian piutang dikelompokkan sebagai                Allowance for impairment classified as follows:
      berikut:

                                                   2025                   2024

       Kolektif                                           39.543                 36.803     Collective
       Individu                                           12.063                 12.063     Individual

       Jumlah                                             51.606                 48.866     Total




Draft/March 28, 2026                                      - 43 -                                                           paraf:
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PT MORA TELEMATIKA INDONESIA TBK                                                        PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                         AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                           Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                             For the Years Ended
31 Desember 2025 dan 2024                                                                            December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                            (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                                unless Otherwise Stated)



      Grup       menerapkan        pendekatan      yang                           The Group applies the simplified approach to provide
      disederhanakan untuk menghitung cadangan                                    for expected credit losses prescribed by PSAK
      kerugian ekspektasian yang disyaratkan oleh PSAK                            No. 109, which permits the use of the lifetime
      No. 109, yang memperbolehkan penerapan                                      expected loss provison for all trade receivables. To
      cadangan kerugian ekspektasian sepanjang                                    measure the expected credit losses, trade
      umurnya untuk seluruh piutang usaha. Untuk                                  receivables have been grouped based on shared
      mengukur cadangan kerugian ekspektasian                                     credit risk characteristics and the days past due.
      tersebut, piutang usaha dikelompokan berdasarkan
      karakteristik risiko kredit yang sejenis dan pola
      tunggakan atau gagal bayar.

      Manajemen berpendapat bahwa cadangan                                        Management believes that the allowance for
      kerugian    penurunan nilai pada tanggal                                    impairment losses as of December 31, 2025 and
      31 Desember 2025 dan 2024 memadai untuk                                     2024 is adequate to cover losses from uncollectible
      menutup kemungkinan kerugian dari tidak                                     account.
      tertagihnya piutang.

      Manajemen berpendapat bahwa tidak terdapat                                  Management believes that there are no significant
      risiko yang terkonsentrasi secara signifikan atas                           concentrations of credit risk in trade accounts
      piutang kepada pihak ketiga.                                                receivable from third parties.

      Piutang usaha kepada pelanggan tertentu                                     Certain trade accounts receivable from third parties
      digunakan sebagai jaminan atas utang bank                                   are used as collaterals for bank loans (Note 23).
      (Catatan 23).


 7.   Piutang Konsesi Jasa                                                   7.   Service Concession Receivable

      Fitur      utama         perjanjian       konsesi                           The main features of the concession arrangement
      PT    Palapa     Ring     Barat     (PRB)    dan                            from PT Palapa Ring Barat (PRB) and
      PT Palapa Timur Telematika (PTT), entitas anak,                             PT Palapa Timur Telematika (PTT), subsidiaries, are
      adalah sebagai berikut (Catatan 42):                                        summarized as follows (Note 42):

                                     Deskripsi Perjanjian/             Persyaratan Signifikan
          Nama Konsesi/                                                                                      Piutang Konsesi/
                                        Description of               Perjanjian/Significant Terms
        Name of Concession                                                                                 Concession Receivable
                                        Arrangement                        of Arrangement

       Perjanjian     Kerjasama    Pengembangan,                     Periode konsesi 15 tahun sejak    Rp 3.767.551 pada tanggal
       tentang Pembangunan         pembiayaan,            desain,    operasi komersial/ Period of      31 Desember 2025/
       dan         Pengelolaan     rekayasa,         pengadaan,      concession 15 years from          Rp 3,767,551
       Jaringan           Tulang   konstruksi, pemasangan,           commercial operations             as of December 31, 2025
       Punggung Serat Optik        pengujian, uji coba sistem,
                                                                     Pembayaran      ketersediaan
       Palapa Ring Paket Barat     kepemilikan,                                                        Rp 4.077.232 pada tanggal
                                                                     layanan oleh Grantor kepada
       dan      Paket     Timur/   pengoperasian,                                                      31 Desember 2024/
                                                                     PRB:
       Cooperation Agreement       pengelolaan, pemeliharaan                                           Rp 4,077,232 as of December 31,
       on the Construction and     dan pengalihan fasilitas          •   Rp 25.347/ bulan (Tahun       2024
       Management of Fiber         jaringan tulang punggung              1-5),
       Optic Backbone Network      telekomunikasi/                   •   Rp 19.010/ bulan (Tahun
       of Palapa Ring Western      Development,        financing,        6-10) dan
       Package and Eastern         design,          engineering,     •   Rp 13.748/ bulan (Tahun
       Package.                    procurement, construction,            11-15)/
                                   installation, testing, system
                                   testing,           ownership,     Availability payment by Grantor
                                   operation,      management,       to PRB :
                                   maintenance and transfer of
                                   the       telecommunication       •   Rp 25,347/ month (Year 1-
                                   backbone network facilities           5),
                                                                     •   Rp 19,010/ month (Year 6-
                                                                         10) and
                                                                     •   Rp 13,748/ month (Year
                                                                         11-15)




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PT MORA TELEMATIKA INDONESIA TBK                                             PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                              AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                  For the Years Ended
31 Desember 2025 dan 2024                                                                 December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                 (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                     unless Otherwise Stated)


                                                          Pembayaran      ketersediaan
                                                          layanan oleh Grantor kepada
                                                          PTT:

                                                          •    Rp 112.718/ bulan (Tahun
                                                               1-5),
                                                          •    Rp 85.414/ bulan (Tahun 6-
                                                               10) dan
                                                          •    Rp 35.053/ bulan (Tahun
                                                               11-15)/

                                                          Availability payment by Grantor
                                                          to PTT:

                                                          •    Rp 112,718/ month (Year 1-
                                                               5),
                                                          •    Rp 85,414/ month (Year 6-
                                                               10) and
                                                          •    Rp 35,053/ month (Year 11-
                                                               15)

                                                          Pengalihan jaringan serat optik
                                                          kepada Grantor pada akhir
                                                          perjanjian dengan pembayaran
                                                          sebesar Rp 1.000 dalam
                                                          Rupiah penuh)/Transfer of fiber
                                                          optic network to Grantor at the
                                                          end of agreement with payment
                                                          of Rp 1,000 (in Rupiah Full
                                                          amount).

      PRB    dan   PTT      mengalihkan    pekerjaan                   PRB and PTT subcontracted the construction of the
      pembangunan jaringan tulang punggung serat optik                 fiber optic backbone network to third parties
      kepada pihak ketiga (subkontraktor) dan tidak                    (subcontractor) and does not have margin from the
      memperoleh keuntungan (margin) atas proses                       construction process.
      pembangunan.

      Penambahan piutang konsesi jasa pada tanggal                     Additions in service concession receivable as of
      31 Desember 2025 dan 2024 adalah masing-                         December 31, 2025 and 2024 amounted to
      masing sebesar Rp 1.053.623 dan Rp 881.736.                      Rp 1,053,623 and Rp 881,736, respectively.

      PRB telah melakukan penagihan ketersediaan                       PRB already sent the invoice for the services to the
      layanan kepada grantor untuk tahun-tahun yang                    grantor for the years ended December 31, 2025 and
      berakhir 31 Desember 2025 dan 2024 adalah                        2024 amounting to Rp 260,133 and Rp 333,955,
      masing-masing sebesar Rp 260.133 dan                             respectively.
      Rp 333.955.

      PTT telah melakukan penagihan ketersediaan                       PTT already sent the invoice for the services to the
      layanan kepada grantor untuk tahun-tahun yang                    grantor for the years ended December 31, 2025 and
      berakhir 31 Desember 2025 dan 2024 adalah                        2024 amounting to Rp 1,103,171 and Rp 1,598,251,
      masing-masing sebesar Rp 1.103.171 dan                           respectively.
      Rp 1.598.251.

                                                 2025                    2024

       Piutang konsesi jasa                        3.767.551                4.077.232       Service concession receivable
       Dikurangi bagian yang akan jatuh
         tempo dalam setahun:                      1.253.100                1.253.100       Less current portion

       Bagian jatuh tempo lebih
         dari satu tahun                           2.514.451                2.824.132       Long-term portion


      Manajemen berpendapat bahwa seluruh piutang                      Management believes that service concession
      konsensi dapat tertagih sehingga tidak dibentuk                  receivables are fully collectible, thus no allowance for
      cadangan kerugian penurunan nilai atas piutang                   impairment was provided.
      tersebut.


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Page 290
PT MORA TELEMATIKA INDONESIA TBK                                                   PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                    AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                      Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                        For the Years Ended
31 Desember 2025 dan 2024                                                                       December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                       (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                           unless Otherwise Stated)


 8.    Uang Muka                                                  8.     Advances

                                             2025                          2024

       Pihak ketiga                                                                             Third parties
         Pemasok                                     19.869                       33.015          Suppliers
         Karyawan                                     1.591                        1.919          Employee
         Perjalanan dinas                               847                        1.231          Travel
       Jumlah                                        22.307                        36.165       Total


 9.    Biaya Dibayar Dimuka                                       9.     Prepaid Expenses

                                             2025                         2024

       Pihak ketiga                                                                              Third parties
         Asuransi                                    37.053                       37.910          Insurance
         Infrastruktur                               22.897                        5.801          Infrastructure
         Sewa                                        10.965                        9.797          Rent
         Jaringan                                     7.511                       16.660          Link
         Jasa                                         2.136                        2.988          Services

       Jumlah                                        80.562                       73.156         Total

       Dikurangi bagian jangka pendek                59.036                       61.419         Less current portion

       Bagian jangka panjang                         21.526                       11.737         Noncurrent portion


 10.   Pajak Dibayar Dimuka                                       10.    Prepaid Taxes

                                              2025                         2024

       Pajak penghasilan                                                                        Income tax
         Pasal 21 - Entitas Anak                         55                             67        Article 21 - Subsidiaries
         Pasal 23 - Entitas Anak                      3.651                              -        Article 23 - Subsidiaries
         Pasal 28A - Entitas Anak
           (Catatan 35)                              32.069                       23.429          Article 28A - Subsidiaries (Note 35)
       Pajak pertambahan nilai - bersih              47.699                       13.691        Value added tax - net

       Jumlah                                        83.474                       37.187        Total



 11.   Aset yang Dibatasi Penggunaannya                           11.    Restricted Assets

                                             2025                       2024

       Aset Lancar                                                                           Current Assets
         Rupiah                                                                                Rupiah
           PT Bank Mandiri (Persero) Tbk                 -                      1.674            PT Bank Mandiri (Persero) Tbk

       Aset Tidak Lancar                                                                     Non current Assets
         Rupiah                                                                                Rupiah
           PT Bank Mandiri (Persero) Tbk            16.000                     16.000            PT Bank Mandiri (Persero) Tbk



 12.   Investasi                                                  12.    Investments

       Pada tahun 2016, Perusahaan memperoleh                            In 2016, the Company obtained Mandatory
       sertifikat    Obligasi   Wajib       Konversi                     Convertible Bond as payment of its receivable from
       sebagai      pelunasan    piutangnya     dari                     PT Bakrie Telecom Tbk (BTEL), as stated in verdict
       PT Bakrie Telecom Tbk (BTEL), sesuai dengan                       letter No. 59/PDT.SUS-PKPU/2014/PN.NIAGA
       surat      putusan     No.       59/PDT.SUS-                      JKT.PST dated December 9, 2014.
       PKPU/2014/PN.NIAGA     JKT.    PST    tanggal
       9 Desember 2014.


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PT MORA TELEMATIKA INDONESIA TBK                                                                                        PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                                                         AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                           Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                             For the Years Ended
31 Desember 2025 dan 2024                                                                                                            December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                                                            (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                                                                unless Otherwise Stated)



       Perusahaan     telah  mendapatkan      putusan                                                       The     Company     has     obtained      a    court
       pengadilan yang dinyatakan dalam putusan                                                             verdict   as     stated      in     verdict    letter
       No. 59/PDT.SUS-PKPU/2014/PN.NIAGA JKT.PST                                                            No. 59/PDT.SUS-PKPU/2014/PN.NIAGA JKT.PST
       tanggal    9     Desember     2014      dimana                                                       dated     December        9,        2014      where
       BTEL harus membayar piutang Perusahaan                                                               BTEL, have to pay the Company’s receivables
       sebesar Rp 10.439 dengan kondisi sebagai berikut:                                                    amounting to Rp 10,439 with the following conditions:

       I.         Rp 3.000 pertama akan dibayarkan dalam                                                   I.          The first Rp 3,000 will be paid within
                  kurun waktu 84 bulan secara bertahap sejak                                                           84 months step-up payments from the date of
                  tanggal putusan pengadilan;                                                                          such verdict letter;
       II.        70% dari sisa nilai piutang akan dibayarkan                                              II.         70% from the rest of receivables amount will be
                  melalui penerbitan sertifikat obligasi wajib                                                         paid through issuance of Convertible Bond; and
                  konversi; dan
       III.       Sisa nilai piutang akan dibayarkan dalam 66                                              III.        The rest of receivables amount will be paid
                  bulan sejak tanggal putusan pengadilan.                                                              within 66 months step-up payments from the
                                                                                                                       date of such verdict letter.

       Selama kurun waktu 84 bulan, BTEL tidak dapat                                                        Within 84 months, BTEL cannot pay of Rp 3,000 so
       melakukan pembayaran sebesar Rp 3.000                                                                based on court vedict, the step payment phase 1 will
       sehingga berdasarkan hasil keputusan pengadilan                                                      be included in step payment phase 3 is 66 months
       tersebut, pembayaran tahap 1 tersebut akan                                                           step up payments from the date of such verdict letter.
       dimasukkan kedalam jadwal pembayaran tahap 3                                                         On June 28, 2016, the Company obtained the
       yaitu 66 bulan sejak tanggal putusan pengadilan.                                                     Mandatory Convertible Bond amounting to Rp 5,207
       Pada tanggal 28 Juni 2016, Perusahaan menerima                                                       with term of 10 years as realization of step payment
       sertifikat Obligasi Wajib Konversi sebesar Rp 5.207                                                  phase 2.
       yang berjangka waktu 10 tahun sebagai bentuk
       pelunasan piutang tahap 2.

       Selanjutnya pada tahun 2017, berdasarkan                                                             Further in 2017, based on management’s
       penelaahan manajemen, nilai investasi pada                                                           assessment, the value of these investments in
       obligasi wajib konversi adalah nihil, dan                                                            mandatory convertible bonds is already nil, and the
       Perusahaan mengakui kerugian penurunan nilai                                                         Company recognized loss on decline in value
       sebesar Rp 5.207 pada tahun 2017.                                                                    amounting to Rp 5,207 in 2017.

       Pada tanggal 31 Desember 2025 dan 2024, saldo                                                        As of December 31, 2025 and 2024, the carrying
       investasi adalah nihil.                                                                              amount of investment is nil.


 13.   Aset Tetap                                                                                  13.     Property and Equipment

                                                                                     Perubahan selama tahun 2025/
                                                                                        Changes during 2025


                                                               Selisih
                                          1 Januari/       penjabaran kurs/                                                                           31 Desember/
                                          January 1,         Translation          Penambahan/          Pengurangan/            Reklasifikasi/         December 31,
                                             2025            Adjusments             Additions           Deductions            Reclassifications           2025

        Pemilikan langsung:                                                                                                                                             Direct acquisitions:
        Biaya perolehan:                                                                                                                                                At cost:
           Tanah                                 324.883                      -           18.469                         -                36.885             380.237       Land
        Nilai revaluasian                                                                                                                                               At revalued amount:
           Bangunan                              140.168                  -               50.892                      (341)               32.504              223.223      Buildings
           Perangkat dan perabot kantor           69.245                 21               28.486                      (505)                3.845              101.092      Office fumiture and fixtures
           Peralatan telekomunikasi            7.256.898              8.406              889.295                    (5.887)               53.756            8.202.468      Telecommunication facilities
           Kendaraan                              34.011                  -                  281                      (322)                  300               34.270      Vehicles
        Pekerjaan dalam pelaksanaaan             607.142                  -              378.323                    (5.513)             (127.290)             852.662   Construction in progress
             Subjumlah                         8.432.347              8.427            1.365.746                  (12.568)                        -         9.793.952     Subtotal


        Akumulasi penyusutan:                                                                                                                                           Accumulated depreciation:
        Nilai revaluasian                                                                                                                                               At revalued amount:
           Bangunan                                6.495                  -                8.894                      (110)                1.364               16.643      Buildings
           Perangkat dan perabot kantor           25.192                 18               19.971                      (375)               (1.364)              43.442      Office fumiture and fixtures
           Peralatan telekomunikasi              872.235              6.603              729.424                    (3.923)                    -            1.604.339      Telecommunication facilities
           Kendaraan                               8.430                  -                7.110                      (144)                    -               15.396      Vehicles
             Subjumlah                           912.352              6.621              765.399                    (4.552)                       -         1.679.820     Subtotal

        Nilai Tercatat                         7.519.995                                                                                                    8.114.132   Net Book Value




Draft/March 28, 2026                                                                   - 47 -                                                                                                  paraf:
Page 292
PT MORA TELEMATIKA INDONESIA TBK                                                                                                                PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                                                                                 AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                                                   Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                                                     For the Years Ended
31 Desember 2025 dan 2024                                                                                                                                    December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                                                                                    (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                                                                                        unless Otherwise Stated)


                                                                                                     Perubahan selama tahun 2024/
                                                                                                         Changes during 2024
                                                                                                                                                Eliminasi Akumulasi
                                                             Selisih                                                                                Penyusutan/
                                        1 Januari/       penjabaran kurs/                                                                            Elimination                            31 Desember/
                                        January 1,         Translation          Penambahan/       Pengurangan/         Reklasifikasi/             of Accumulated           Revaluasi/       December 31,
                                           2024            Adjusments             Additions        Deductions         Reclassifications             Depreciation          Revaluation           2024

      Pemilikan langsung:                                                                                                                                                                                     Direct acquisitions:
      Biaya perolehan:                                                                                                                                                                                        At cost:
         Tanah                                 315.736                      -           9.147                    -                        -                           -                 -          324.883       Land
      Nilai revaluasian                                                                                                                                                                                       At revalued amount:
         Bangunan                              148.616                  -               5.900                   -                  5.400                     (16.686)             (3.062)           140.168      Buildings
         Perangkat dan perabot kantor           94.185                 17              13.759                (728)                 3.400                     (52.754)             11.366             69.245      Office fumiture and fixtures
         Peralatan telekomunikasi            8.122.984             10.097             587.357             (14.829)                65.909                  (1.700.469)            185.849          7.256.898      Telecommunication facilities
         Kendaraan                              41.422                  -                  77                (410)                     -                     (13.301)              6.223             34.011      Vehicles
      Pekerjaan dalam pelaksanaaan             381.818                  -             300.033                   -                (74.709)                          -                   -            607.142   Construction in progress

        Subjumlah                            9.104.761             10.114             916.273             (15.967)                        -               (1.783.210)            200.376          8.432.347     Subtotal

      Akumulasi penyusutan:                                                                                                                                                                                   Accumulated depreciation:
      Nilai revaluasian                                                                                                                                                                                       At revalued amount:
         Bangunan                               17.163                  -               6.018                   -                         -                  (16.686)                   -            6.495       Buildings
         Perangkat dan perabot kantor           62.592                (69)             15.910                (487)                        -                  (52.754)                   -           25.192       Office fumiture and fixtures
         Peralatan telekomunikasi            1.910.034              7.617             657.578              (2.525)                        -               (1.700.469)                   -          872.235       Telecommunication facilities
         Kendaraan                              14.804                  -               6.949                 (22)                        -                  (13.301)                   -            8.430       Vehicles
        Subjumlah                            2.004.593              7.548             686.455              (3.034)                        -               (1.783.210)                   -          912.352      Subtotal

      Nilai Tercatat                         7.100.168                                                                                                                                            7.519.995   Net Book Value




      Beban penyusutan dialokasikan sebagai berikut:                                                                            Depreciation expense was allocated to the following:

                                                                                        2025                                   2024

       Beban langsung (Catatan 31)                                                              715.247                               645.827                   Direct cost (Note 31)
       Beban usaha (Catatan 32)                                                                  50.152                                40.628                   Operating expenses (Note 32)
           Jumlah                                                                               765.399                               686.455                         Total

      Pengurangan aset tetap termasuk penjualan dan                                                                             Deductions include the sale and disposal of certain
      penghapusan aset tetap sebagai berikut:                                                                                   property and equipment with details as follow:

                                                                                        2025                                   2024

       Harga jual                                                                                 2.650                                    9.078               Selling price
       Nilai buku                                                                                 3.960                                   12.382               Net book value
       Kerugian penjualan                                                                                                                                      Loss on sale of property
         aset tetap                                                                              (1.310)                                      (3.304)            and equipment

       Nilai buku                                                                                 4.056                                          551           Net book value
       Nilai penggantian                                                                              2                                          187           Reimbursement value
                                                                                                                                                               Loss on property
       Kerugian pelepasan aset tetap                                                             (4.054)                                       (364)             and equipment disposal
       Kerugian penjualan                                                                                                                                      Loss on sale and disposal
        dan pelepasan aset tetap                                                                 (5.364)                                      (3.668)            of property and equipment


      Pada tahun 2024, Perusahaan dan entitas anak                                                                              In 2024, the Company and its subsidiary revalued its
      melakukan revaluasi atas aset tetap, kecuali tanah,                                                                       property and equipment except land which was
      yang dilakukan oleh KJPP Sugianto Prasodjo dan                                                                            performed by KJPP Sugianto Prasodjo dan Rekan,
      Rekan, penilai independen, dengan Putri                                                                                   independent valuers, in its report, Putri Sekarningrum
      Sekarningrum S.MB.,M.H.,MAPPI (Cert.) sebagai                                                                             S.MB.,M.H.,MAPPI (Cert.) as report person, dated
      penanggungjawab, dalam laporannya tertanggal                                                                              September 30, 2024. Market data and cost approach
      30 September 2024. Penentuan nilai wajar                                                                                  methods were used in determining of fair value. The
      dilakukan dengan metode pendekatan data pasar                                                                             Group recognized net gain on revaluation amounting
      dan pendekatan biaya. Grup membukukan surplus                                                                             to Rp 200,376.
      revaluasi aset tetap sebesar Rp 200.376.

      Pada tanggal 31 Desember 2025 dan 2024, saldo                                                                             As of December 31, 2025 and 2024, revaluation
      surplus revaluasi aset tetap setelah dikurangi selisih                                                                    surplus of property and equipment after deducting the
      penyusutan aset tetap berdasarkan nilai                                                                                   difference between depreciation based on the
      revaluasian dan harga perolehan masing-masing                                                                             revalued carrying amount and depreciation based on
      adalah sebesar Rp 246.401 dan Rp 324.195.                                                                                 original cost amounted to Rp 246,401 and
                                                                                                                                Rp 324,195, respectively.




Draft/March 28, 2026                                                                                  - 48 -                                                                                                                       paraf:
Page 293
PT MORA TELEMATIKA INDONESIA TBK                                         PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                            Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
31 Desember 2025 dan 2024                                                             December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                             (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)



      Biaya pinjaman dan biaya-biaya yang diperlukan               Borrowing costs and other expenses that are
      untuk membawa aset ke kondisi yang                           necessary to bring an asset to its working condition
      siap digunakan dikapitalisasi sebagai bagian                 capitalized to construction in progress for the years
      dari aset dalam penyelesaian untuk tahun-tahun               ended December 31, 2025 and 2024 amounted to
      yang berakhir 31 Desember 2025 dan 2024                      Rp 41,621 and Rp 29,197, respectively.
      masing-masing sebesar Rp 41.621 dan Rp 29.197.

      Pekerjaan dalam pelaksanaan merupakan                        The     construction    in   progress     represents
      infrastruktur   telekomunikasi dan     peralatan             the telecommunication infrastructure and other
      penunjang lainnya dalam rangka ekspansi jaringan             supporting equipment under installation for business
      fiber optik yang dilakukan Perusahaan setiap                 network expansion continuously, in which the
      tahunnya berupa pembangunan Fiber Optic dan                  Company’s construction of Fiber Optic and capacity
      upgrade       kapasitas    dengan     persentase             upgrade has completion percentage of 15% - 98%
      penyelesaian berkisar antara 15% - 98% dan 20% -             and 20% - 90% as of December 31, 2025 and
      90% masing-masing pada tanggal 31 Desember                   2024, respectively, and expected to be completed
      2025 dan 2024, dan diharapkan akan selesai dalam             within two until three years since the construction
      jangka waktu dua sampai tiga tahun sejak                     started.
      pembangunan dimulai.

      Grup memiliki beberapa bidang tanah yang terletak            The Group owns several parcels of land located in
      di berbagai wilayah dengan mengikuti jangkauan               various regions within the scope of the Group’s
      jaringan atau network yang dimiliki Grup dengan              network coverage with Building Use Rights (Hak
      hak legal berupa Hak Guna Bangunan yang                      Guna Bangunan or HGB) for 30 years until 2029 to
      berjangka waktu 30 tahun yang akan jatuh tempo               2055. Management believes there will be no difficulty
      pada tahun 2029 sampai dengan 2055. Manajemen                in the extension of the landrights since all of the
      berpendapat tidak terdapat permasalahan dengan               parcels of land were acquired legally and supported
      perpanjangan hak atas tanah karena seluruh tanah             by sufficient evidence of ownership.
      diperoleh secara sah dan didukung dengan bukti
      pemilikan yang memadai.

      Tanah, bangunan, dan peralatan telekomusnikasi               Land, buildings, and telecommunication equipment
      dijadikan jaminan untuk utang non-bank dan utang             are used as collaterals for non-bank loans and bank
      bank (Catatan 22 dan 23).                                    loans (Notes 22 and 23).

      Pada tanggal 31 Desember 2025 dan 2024, Grup                 As of December 31, 2025 and 2024, the Group
      mengasuransikan peralatan telekomunikasi kepada              insured its telecommunication facilities with various
      beberapa perusahaan asuransi yaitu PT Lippo                  insurance companies, including PT Lippo General
      General Insurance Tbk, PT Asuransi Sinarmas dan              Insurance Tbk, PT Asuransi Sinarmas and PT Zurich
      PT Zurich Asuransi Indonesia, pihak ketiga,                  Asuransi Indonesia, third parties, against earthquake
      terhadap gempa bumi dan property all risk dengan             and property all risk for Rp 16,096,679 and
      jumlah nilai pertanggungan masing-masing sebesar             Rp 15,940,609, respectively.
      Rp 16.096.679 dan Rp 15.940.609.

      Manajemen      berpendapat   bahwa     nilai                 Management believes that the insurance coverage is
      pertanggungan tersebut cukup untuk menutup                   adequate to cover possible losses on the assets
      kemungkinan       kerugian   aset     yang                   insured.
      dipertanggungkan.

      Pada tanggal 31 Desember 2025 dan 2024                       As of December 31, 2025 and 2024 based on the
      berdasarkan penelaahan manajemen Grup, tidak                 Group management’s assessment, there is no
      terdapat penurunan nilai tercatat aset tetap.                impairment in values of the aforementioned property
                                                                   and equipment.

      Harga perolehan aset tetap yang telah disusutkan             The cost of property and equipment that have been
      penuh dan masih digunakan adalah sebesar                     fully depreciated but are still in used amounted to
      Rp 57.193 dan Rp 32.130, masing-masing pada                  Rp 57,193 and Rp 32,130 as of December 31, 2025
      tanggal 31 Desember 2025 dan 2024.                           and 2024, respectively.




Draft/March 28, 2026                                      - 49 -                                                  paraf:
Page 294
PT MORA TELEMATIKA INDONESIA TBK                                                                       PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                                        AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                            For the Years Ended
31 Desember 2025 dan 2024                                                                                           December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                                           (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                                               unless Otherwise Stated)



       Nilai jumlah tercatat untuk aset tetap seandainya                                     The carrying amount of property and equipment if
       aset tetap tersebut dicatat dengan model biaya                                        those assets were accounted as cost model is
       adalah sebesar Rp 7.475.795 dan Rp 6.916.026                                          amounting to Rp 7,475,795 andRp 6,916,026 as of
       masing-masing pada tanggal 31 Desember 2025                                           December 31, 2025 and 2024, respectively.
       dan 2024.

       Pada tanggal 31 Desember 2025 dan                                                     As of December 31, 2025 and 2024, there are no
       2024, tidak terdapat aset tetap yang tidak dipakai                                    property and equipment are not used temporarily.
       sementara.

       Pada tanggal 31 Desember 2025 dan 2024, tidak                                         As of December 31, 2025 and 2024, there are no
       terdapat aset tetap yang dihentikan dari                                              property and equipment that have discontinued from
       penggunaan aktif dan tidak diklasifikasikan sebagai                                   active use and are not classified as available for sale.
       tersedia untuk dijual.


 14.   Aset Hak Guna                                                                 14.     Right-of-Use Assets

       Grup menandatangani beberapa perjanjian sewa                                          The Group entered into various lease agreements for
       peralatan telekomunikasi. Periode sewa tiga (3)                                       use of telecommunication. The lease terms are three
       tahun dan sebagian besar perjanjian sewa tersebut                                     (3) years and the majority of the lease agreements
       diperpanjang kembali pada akhir masa sewa                                             are renewable at the end of the lease period at
       dengan penyesuaian ke harga pasar kini.                                               market rate.

                                                                      Perubahan selama tahun 2025/
                                                                          Changes during 2025
                                                       Selisih
                                  1 Januari/       penjabaran kurs/                                               31 Desember/
                                  January 1,         Translation          Penambahan/           Pengurangan/      December 31,
                                     2025            Adjusments             Additions            Deductions           2025

       Aset Hak Guna                                                                                                               Right-of-use assets
       Jaringan                         163.865                545                112.978              (11.229)          266.159   Link
       Ruangan peralatan dan
         ruangan kantor                   35.701               162                  26.224              (9.486)           52.601   Equipment space and office space
       Peralatan telekomunikasi           50.000                 -                       -                   -            50.000   Telecommunication facilities
       Jumlah                           249.566                707                139.202              (20.715)          368.760   Total


       Akumulasi penyusutan:                                                                                                       Accumulated depreciation:
       Jaringan                         108.574                471                  82.861             (15.629)          176.277   Link
       Ruangan peralatan dan
         ruangan kantor                   10.674               176                  17.450              (4.461)           23.839   Equipment space and office space
       Peralatan telekomunikasi           17.940                 -                   3.139                   -            21.079   Telecommunication facilities
       Jumlah                           137.188                647                103.450              (20.090)          221.195   Total

       Nilai Tercatat                   112.378                                                                          147.565   Net Book Value



                                                                      Perubahan selama tahun 2024/
                                                                          Changes during 2024
                                                       Selisih
                                  1 Januari/       penjabaran kurs/                                               31 Desember/
                                  January 1,         Translation          Penambahan/           Pengurangan/      December 31,
                                     2024            Adjusments             Additions            Deductions           2024

       Aset Hak Guna                                                                                                               Right-of-use assets
       Jaringan                         184.799                500                   3.374             (24.808)          163.865   Link
       Ruangan peralatan dan
         ruangan kantor                   62.500               196                  20.979             (47.974)           35.701   Equipment space and office space
       Peralatan telekomunikasi           50.000                 -                       -                   -            50.000   Telecommunication facilities
       Jumlah                           297.299                696                  24.353             (72.782)          249.566   Total


       Akumulasi penyusutan:                                                                                                       Accumulated depreciation:
       Jaringan                           80.891               411                  52.080             (24.808)          108.574   Link
       Ruangan peralatan dan
         ruangan kantor                   48.577               110                   9.943             (47.956)           10.674   Equipment space and office space
       Peralatan telekomunikasi           14.545                 -                   3.395                   -            17.940   Telecommunication facilities
       Jumlah                           144.013                521                  65.418             (72.764)          137.188   Total

       Nilai Tercatat                   153.286                                                                          112.378   Net Book Value




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Page 295
PT MORA TELEMATIKA INDONESIA TBK                                                           PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                            AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                              Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                For the Years Ended
31 Desember 2025 dan 2024                                                                               December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                               (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                                   unless Otherwise Stated)



       Laporan laba rugi dan penghasilan komprehensif                             The consolidated statements of profit or loss and
       lain konsolidasian menyajikan saldo berikut                                other comprehensive income shows the following
       berkaitan dengan sewa:                                                     amounts related to leases:

                                                        2025                      2024

       Penyusutan aset hak-guna:                                                                    Depreciation of right-of-use assets:
        Jaringan (Catatan 31)                                82.861                  52.080          Link (Note 31)
        Ruangan peralatan dan ruangan kantor                                                         Equipment space and office space
          (Catatan 32)                                       17.450                      9.943         (Note 32)
        Peralatan telekomunikasi (Catatan 31)                 3.139                      3.395       Telecommunication facilities (Note 31)
         Subjumlah                                         103.450                   65.418           Subtotal

       Beban berkaitan dengan sewa                                                                  Expenses relating to short-term
        jangka pendek (Catatan 32)                           82.128                  77.832           leases (Note 32)
       Beban bunga atas liabilitas                                                                  Interest expense on lease
        sewa (Catatan 33)                                    16.336                  14.255           liabilities (Note 33)
                                                             98.464                  92.087



 15.   Aset Takberwujud                                                     15.   Intangible Assets
                                                        Perubahan selama tahun 2025/
                                                            Changes during 2025
                                     1 Januari 2025/    Penambahan/     Pengurangan/       31 Desember 2025/
                                     January 1, 2025      Additions      Deductions        December 31, 2025

       Biaya perolehan:                                                                                              At cost:
       Lisensi jaringan tertutup              3.188                   -               -                  3.188       Intranet license
       PKS dan lisensi                       47.798              61.476             (45)               109.229       PKS and license
       Lisensi clarent                          727                   -               -                    727       Clarent license

       Jumlah                                51.713              61.476             (45)               113.144       Total

       Akumulasi amortisasi                                                                                          Accumulated amortization
       Lisensi jaringan tertutup              3.188                   -               -                  3.188       Intranet license
       PKS dan lisensi                       33.185              19.903             (45)                53.043       PKS and license
       Lisensi clarent                          715                   -               -                    715       Clarent license

       Jumlah                                37.088              19.903             (45)                56.946       Total

       Nilai Tercatat                        14.625                                                     56.198       Net Carrying Value

                                                           Perubahan selama tahun 2024/
                                                                Changes during 2024
                                   1 Januari 2024/     Penambahan/          Pengurangan/         31 Desember 2024/
                                   January 1, 2024       Additions           Deductions          December 31, 2024

       Biaya perolehan:                                                                                                At cost:
       Lisensi jaringan tertutup             3.188                  -                      -                3.188      Intranet license
       PKS dan lisensi                      32.222             15.576                      -               47.798      PKS and license
       Lisensi clarent                         727                  -                      -                  727      Clarent license

       Jumlah                               36.137             15.576                      -               51.713      Total

       Akumulasi amortisasi                                                                                            Accumulated amortization
       Lisensi jaringan tertutup             3.188                  -                      -                3.188      Intranet license
       PKS dan lisensi                      22.930             10.255                      -               33.185      PKS and license
       Lisensi clarent                         715                  -                      -                  715      Clarent license

       Jumlah                               26.833             10.255                      -               37.088      Total

       Nilai Tercatat                        9.304                                                         14.625      Net Carrying Value




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Page 296
PT MORA TELEMATIKA INDONESIA TBK                                                     PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                      AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                        Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                          For the Years Ended
31 Desember 2025 dan 2024                                                                         December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                         (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                             unless Otherwise Stated)



       Beban amortisasi aset tidak berwujud yang dicatat                    Amortization of intangible assets amounted to
       sebagai beban usaha masing-masing sebesar                            Rp 19,903 and Rp 10,255 for the years ended
       Rp 19.903 dan Rp 10.255 untuk tahun-tahun yang                       Desember 31, 2025 and 2024, respectively and is
       berakhir 31 Desember 2025 dan 2024 dan dicatat                       recorded as part of “Operating Expenses” in profit or
       sebagai “Beban Usaha” dalam laba rugi                                loss (Note 32).
       (Catatan 32).

       Pada tanggal 31 Desember 2025 dan                                    As of December 31, 2025 and 2024, management
       2024 manajemen berkeyakinan bahwa tidak                              believes that there is no impairment in values of the
       terdapat penurunan nilai atas aset takberwujud.                      aforementioned intangible assets.

       Aset takberwujud tidak dibatasi penggunaannya                        Intangible assets are not restricted in use and are not
       dan tidak dijaminkan.                                                used as collateral.


 16.   Aset lain-lain                                               16.    Other Assets

                                                2025                      2024

       Aset Lancar                                                                       Current Assets
         Persediaan                                                                       Inventories
           Peralatan dan perlengkapan             209.776                   114.483          Equipment and supplies
           Perangkat                               90.921                    79.643          Device
           Suku Cadang                             16.518                    13.124          Spare Part
         Biaya ditangguhkan                                                               Deferred charges
           Proyek                                      1.464                     1.464       Project
         Uang jaminan                                    788                     1.768    Security deposits
         Jumlah                                   319.467                   210.482       Total

       Aset Tidak Lancar                                                                 Non current Assets
         Proyek dalam proses konstruksi                                                   Project in progress
           Saldo awal                               84.484                   81.140         Beginning balance
           Penambahan                                  311                    3.344         Additions
           Pengurangan                             (42.768)                     -           Deduction
           Saldo akhir                             42.027                    84.484        Ending balance
         Biaya ditangguhkan                                                               Deferred Charges
           Proyek                                  12.198                    13.664        Project
           Uang jaminan                            10.719                    11.342        Security deposits
         Jumlah                                    64.944                   109.490       Total


       Pekerjaan dalam proses konstruksi merupakan aset                     The project in progress represent other assets from
       lain-lain yang dikerjakan oleh PT Oxygen                             PT Oxygen Infrastruktur Indonesia, a subsidiary.
       Infrastruktur Indonesia, entitas anak.

       Persediaan dijadikan jaminan untuk utang non-bank                    Inventories are used as collateral for non-bank loans
       (Catatan 22).                                                        (Note 22).




Draft/March 28, 2026                                       - 52 -                                                            paraf:
Page 297
PT MORA TELEMATIKA INDONESIA TBK                                                     PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                      AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                        Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                          For the Years Ended
31 Desember 2025 dan 2024                                                                         December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                         (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                             unless Otherwise Stated)



 17.   Utang Usaha                                                  17.    Trade Accounts Payable

       a.   Berdasarkan Jenis Transaksi                                    a.      By Transaction Category

                                              2025                        2024
            Pihak berelasi (Catatan 39)                                                  Related parties (Note 39)
              Pengadaan aset tetap               60.924                          3.110    Addition in property and equipment
              Jasa telekomunikasi                   306                         41.077    Telecommunications service
              Sub jumlah                         61.230                         44.187      Subtotal
            Pihak ketiga                                                                 Third parties
              Jangka pendek                                                                Short - term
                Pengadaan aset tetap            192.827                     214.385          Addition in property and equipment
                Jasa telekomunikasi              93.173                     174.858          Telecommunications service
                Sub jumlah                      286.000                     389.243              Subtotal

            Jangka panjang                                                                  Long-term
                Pengadaan aset tetap                   -                           382        Addition in property and equipment
            Jumlah                              347.230                     433.812         Total



       b.   Berdasarkan Umur                                               b.      By Age

                                              2025                        2024
            Pihak berelasi (Catatan 39)                                                  Related parties (Note 39)
              Belum jatuh tempo                  58.003                      35.494       Not yet due
              Sudah jatuh tempo                                                           Past due
                1 s/d 30 hari                          -                         4.576       1 to 30 days
                31 s/d 60 hari                       3.227                       1.327       31 to 60 days
                > 60 hari                              -                         2.790       > 60 days
              Sub jumlah                         61.230                      44.187         Subtotal

            Pihak ketiga                                                                 Third parties
              Belum jatuh tempo                                                            Not yet due
                Jangka pendek                   254.974                     257.607          Short-term
              Sudah jatuh tempo                                                            Past due
                1 s/d 30 hari                    16.472                      55.551          1 to 30 days
                31 s/d 60 hari                   10.556                      13.989          31 to 60 days
                > 60 hari                         3.998                      62.096          > 60 days
              Sub jumlah                        286.000                     389.243         Subtotal
            Jangka panjang                                                               Long-term
              Belum jatuh tempo                                                            Not yet due
                Jangka panjang                         -                          382       Long-term

            Jumlah                              347.230                     433.812      Total




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PT MORA TELEMATIKA INDONESIA TBK                                                     PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                      AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                        Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                          For the Years Ended
31 Desember 2025 dan 2024                                                                         December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                         (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                             unless Otherwise Stated)



       c.   Berdasarkan Mata Uang                                           c.     By Currency

                                                    2025                         2024
            Pihak berelasi (Catatan 39)                                                          Related parties (Note 39)
              Rupiah                                        61.230                      44.187    Rupiah

            Pihak ketiga                                                                         Third parties
              Rupiah                                                                               Rupiah
                Jangka pendek                           263.402                     244.777          Short-term
              Dolar Amerika Serikat (Catatan 40)                                                   U.S. Dollar (Note 40)
                Jangka pendek                               22.596                  143.914          Short-term
              Dolar Singapura (Catatan 40)                       2                      552        Singapore Dollar (Note 40)
              Sub jumlah                                286.000                     389.243        Subtotal
            Jangka panjang                                                                       Long-term
              Rupiah                                                                               Rupiah
                Jangka panjang                                 -                           382      Long-term
            Jumlah                                      347.230                     433.812      Total

       Utang usaha jangka panjang merupakan utang                           Long-term trade accounts payable represent trade
       usaha atas pengadaan barang dan jasa OLT dan                         accounts payable on procurement of OLT’s and
       ONT kepada PT Huawei Tech Investment dan                             ONT’s material and services of the Company to
       PT ZTE Indonesia untuk pembangunan jaringan                          PT Huawei Tech Investment and PT ZTE Indonesia,
       network Perusahaan yang pembayarannya                                for network construction with deferred payment. This
       ditangguhkan. Pembayaran ditangguhkan ini tidak                      deferred payment is non-interest bearing and
       dikenakan bunga dan Perusahaan mengeluarkan                          the Company issued Promissory Notes with maturity
       surat janji bayar dengan jatuh tempo masing-                         period of 18 months and 24 months, from issuance
       masing dalam 18 bulan dan 24 bulan sejak                             date.
       diterbitkan.

       Grup menggunakan dana dari aktivitas operasional                     The Group uses funds from its operational activities
       untuk melunasi utang usaha terkait dengan                            to pay off its trade accounts payable related with
       kegiatan operasional sedangkan utang usaha                           operational activities meanwhile, trade accounts
       terkait dengan belanja modal dibiayai dengan utang                   payable related to capital expenditure is financed by
       bank, dana penawaran umum perdana saham dan                          bank loans, initial public offering and a portion of
       sebagian dari dana operasional Grup.                                 operational activities funds owned by the Group.


 18.   Utang Lain-lain                                                18.   Other Accounts Payable

       a.   Berdasarkan Jenis Transaksi                                     a.     By Transaction Category

                                                    2025                         2024
            Pihak berelasi (Catatan 39)                                                          Related parties (Note 39)
              Lain-lain                                     1.254                            -    Others
            Pihak ketiga                                                                         Third parties
              Beban operasi                                41.904                       32.297     Operating expenses
              Lain-lain                                    58.884                       59.936     Others
              Sub jumlah                               100.788                          92.233     Subtotal
            Jumlah                                     102.042                          92.233   Total




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PT MORA TELEMATIKA INDONESIA TBK                                                    PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                     AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                       Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                         For the Years Ended
31 Desember 2025 dan 2024                                                                        December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                        (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                            unless Otherwise Stated)



       b.   Berdasarkan Mata Uang                                           b.    By Currency

                                                     2025                        2024
            Pihak berelasi (Catatan 39)                                                         Related parties (Note 39)
              Rupiah                                         1.254                        -      Rupiah
            Pihak ketiga                                                                        Third parties
              Rupiah                                        99.939                  92.163        Rupiah
              Dolar Amerika Serikat (Catatan 40)               849                      70        U.S. Dollar (Note 40)
              Sub jumlah                                100.788                     92.233        Subtotal

            Jumlah                                      102.042                     92.233      Total


       Berdasarkan perjanjian pengalihan piutang tanggal                    Based on novation of loan agreement, dated
       24 September 2021, PT Indo Pratama Teleglobal                        September 24, 2021, PT Indo Pratama Teleglobal
       (IPT), PT Telekomunikasi Nusantara Sejahtera                         (IPT), PT Telekomunikasi Nusantara Sejahtera (TNS)
       (TNS) dan Perusahaan telah menyetujui pengalihan                     and the Company have agreed to transfer IPT’s
       utang     IPT     kepada       TNS       sebesar                     payable to TNS amounting to Rp 39,300 into the
       Rp 39.300 menjadi utang Perusahaan ke TNS.                           Company’s payable to TNS.


 19.   Utang Pajak                                                    19.   Taxes Payable

                                                     2025                        2024

       Pajak penghasilan badan (Catatan 35)                                                     Corporate income tax (Note 35)
         Pasal 29 - Perusahaan                                                                    Article 29 - Company
           - Tahun 2025                                      1.629                        -         - Year 2025
           - Tahun 2024                                          -                      758         - Year 2024
         Pasal 29 - Entitas anak                                                                  Article 29 - Subsidiaries
           - Tahun 2025                                     14.875                       -          - Year 2025
           - Tahun 2024                                          -                  81.103          - Year 2024
       Pajak penghasilan:                                                                       Income taxes:
         Pasal 4 (2)                                         3.315                   3.107        Article 4 (2)
         Pasal 15                                               29                       -        Article 15
         Pasal 21                                              334                     522        Article 21
         Pasal 23                                            1.302                   1.477        Article 23
         Pasal 25                                            7.456                  10.325        Article 25
         Pasal 26                                                -                      29        Article 26
       Pajak Pertambahan Nilai - Entitas anak               21.757                  25.142      Value Added Tax - Subsidiaries
       Jumlah                                               50.697                 122.463      Total



       Besarnya pajak yang terutang ditetapkan                              The filed tax returns are based on the Group’s own
       berdasarkan perhitungan pajak yang dilakukan                         calculation of tax liabilities (self-assessment). The
       sendiri oleh wajib pajak (self-assessment). Kantor                   time limit for the tax authorities to assess or amend
       Pajak dapat melakukan pemeriksaan atas                               taxes is determined in accordance with provisions of
       perhitungan pajak dalam jangka waktu tertentu                        the prevailing Law.
       setelah terutangnya pajak, sebagaimana diatur
       dalam Undang-undang yang berlaku.




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PT MORA TELEMATIKA INDONESIA TBK                                                 PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                  AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                    Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                      For the Years Ended
31 Desember 2025 dan 2024                                                                     December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                     (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                         unless Otherwise Stated)



 20.   Uang Muka Penjualan                                           20.   Advances from Customers

                                                 2025                      2024

       PT Jejaring Mitra Persada                    153.557                       45.952   PT Jejaring Mitra Persada
       SKY Perfect JSAT                              61.120                       64.871   SKY Perfect JSAT
       PT Fiberhome Technologies Indonesia                -                       11.614   PT Fiberhome Technologies Indonesia
       Lain-lain (masing-masing                                                            Others (each below
         dibawah Rp 1 miliar)                                -                     6.762     Rp 1 bilion)
       Jumlah                                       214.677                   129.199      Total
       Dikurangi bagian jangka pendek                 6.216                    24.385      Less Current portion
       Bagian jangka panjang                        208.461                   104.814      Long portion

       Uang muka penjualan terkait perjanjian kerjasama                    Advance from customers are in relation to agreement
       sehubungan dengan pekerjaan pembangunan                             for the construction of fiber optic infrastructure and
       jaringan infrastruktur serat optik dan jasa                         gateway service VSAT.
       penyediaan gateway service VSAT.


 21.   Pendapatan Ditangguhkan                                       21.   Deferred Income

       Akun ini termasuk pendapatan ditangguhkan atas                      This account includesg advance rental fees received
       sewa kapasitas inti jaringan optik berdasarkan                      from several telecommunication operators for the
       perjanjian Indefeasible Right of Use (IRU) dengan                   rental of capacity of optical fiber core based on
       beberapa operator telekomunikasi selama tujuh (7)                   Indefeasible Right of Use (IRU) for a term of seven
       sampai dengan lima belas (15) tahun. Perjanjian                     (7) to fifteen (15) years. The IRU agreements also
       IRU tersebut juga mencakup jasa terkait untuk                       include related services for domestic links,
       sambungan domestik, sambungan internasional,                        international links, internet services, and data
       jasa internet dan jasa data center.                                 center services.

       Mutasi selama tahun berjalan adalah sebagai                         Movements for the year ended are as follows:
       berikut:

                                                 2025                      2024

       Saldo awal                                   464.930                    320.288     Beginning balance
       Penambahan selama tahun berjalan             201.699                    504.747     Additions during the year
       Selisih kurs penjabaran                          324                      3.572     Translation adjustment
       Amortisasi                                  (218.270)                  (363.677)    Amortization
       Saldo akhir                                  448.683                   464.930      Ending balance
       Dikurangi bagian jangka pendek                   54.995                    52.474   Less current portion

       Bagian jangka panjang                        393.688                   412.456      Noncurrent portion




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PT MORA TELEMATIKA INDONESIA TBK                                                     PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                      AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                        Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                          For the Years Ended
31 Desember 2025 dan 2024                                                                         December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                         (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                             unless Otherwise Stated)



 22.   Utang Non-Bank                                                22.    Non-Bank Loans

                                                2025                       2024

       PT Indonesia Infrastructure Finance          460.000                   380.000      PT Indonesia Infrastructure Finance
       Cisco System Capital Asia, Ltd.                3.168                    15.253      Cisco System Capital Asia, Ltd.
       Biaya provisi dan biaya transaksi                                                   Unamortized provision fee and
         yang belum diamortisasi                     (5.935)                   (6.988)      transaction costs
       Jumlah                                       457.233                   388.265      Total
       Dikurangi:                                                                          Less:
         Bagian yang jatuh tempo dalam
           waktu satu tahun                            51.892                     31.202   Current portion

       Bagian yang jatuh tempo
        lebih dari satu tahun                       405.341                   357.063      Noncurrent portion

       PT Indonesia Infrastructure Finance (IIF)                            PT Indonesia Infrastructure Finance (IIF)

       Pada tanggal 21 Desember 2023, Perusahaan                            On December 21, 2023, the Company entered into
       melakukan      perjanjian    kerjasama     dengan                    a loan agreement with IIF to finance working capital
       IIF untuk pembiayaan (Tranche A) kebutuhan                           (Tranche A) needs and general business activities
       modal kerja dan kegiatan umum usaha sebesar                          amounting to Rp 200,000 with credit term of 7 years.
       Rp 200.000 dengan jangka waktu kredit selama 7                       Installment payments are made in the 1st year, 3rd
       tahun. Pembayaran cicilan dilakukan pada tahun                       year, 5th year and 7th year for seven (7) years with
       ke-1, tahun ke-3, tahun ke-5 dan tahun ke-7 selama                   an interest rate of 10.15% per year.
       tujuh (7) tahun dengan bunga 10,15% per tahun.

       Pada tanggal 29 Juli 2024, Perusahaan melakukan                      On July 29, 2024, the Company entered into an
       Addendum      perjanjian    kerjasama     dengan                     Addendum to the cooperation agreement with
       IIF terkait adanya penambahan pembiayaan                             IIF related to additional financing (Tranche B) for
       (Tranche B) kebutuhan modal kerja dan kegiatan                       working capital needs and general business activities
       umum usaha sebesar Rp 300.000 dengan jangka                          amounting to Rp 300,000 with a credit term of
       waktu kredit selama 7 tahun. Pembayaran cicilan                      7 years. Installment payments are made in the 1st
       dilakukan pada tahun ke-1, tahun ke-3, tahun ke-5                    year, 3rd year, 5th year and 7th year for seven (7)
       dan tahun ke-7 selama tujuh (7) tahun dengan                         years with interest of 9.00% per year.
       bunga 9.00% per tahun.

       Pada tanggal 12 Maret 2025, Perusahaan                               On March 12, 2025, the Company signed an
       menandatangani addendum perjanjian pinjaman                          addendum to a loan agreement with IIF regarding the
       dengan IIF mengenai penurunan suku bunga atas                        reduction of the interest rate on the Tranche A facility
       fasilitas Tranche A yang sebelumnya sebesar                          from 10.15% per year to 9.00% per year.
       10,15% per tahun menjadi 9,00% per tahun.

       Jaminan untuk fasilitas kredit investasi di atas                     The collaterals for this credit facility are fiduciary of
       adalah fidusia atas persediaan, peralatan                            inventory, telecommunication facilities, land and
       telekomunikasi, tanah dan bangunan.                                  building.

       Pada tanggal 31 Desember 2025 dan 2024, saldo                        As of December 31, 2025 and 2024, outstanding loan
       pinjaman kepada IIF masing-masing sebesar                            to IIF amounted to Rp 460,000 and Rp 380,000,
       Rp 460.000 dan Rp 380.000.                                           respectively.

       Pembayaran pokok utang non-bank pada tahun-                          Payment of non-bank loans for the years ended
       tahun yang berakhir 31 Desember 2025 dan 2024                        December 31, 2025 and 2024 both amounted to
       masing-masing sebesar Rp 20.000.                                     Rp 20,000.

       Bunga pinjaman pada tahun-tahun yang berakhir                        Interest expense on this loan for the years ended
       31 Desember 2025 dan 2024 masing-masing                              December 31, 2025 and 2024 amounted to
       sebesar Rp 36.178 dan Rp 20.638 (Catatan 33).                        Rp 36,178 and Rp 20,638, respectively (Note 33).




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PT MORA TELEMATIKA INDONESIA TBK                                         PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                            Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
31 Desember 2025 dan 2024                                                             December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                             (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)



      Pembatasan-pembatasan                                       Covenants

      Berdasarkan perjanjian tersebut, Perusahaan                 Based on the agreement, the Company is required to
      diharuskan memenuhi beberapa persyaratan dan                comply with several terms and conditions, including
      ketentuan, diantaranya mempertahankan rasio-                maintaining financial ratios as follows:
      rasio keuangan sebagai berikut:

      • Rasio Interest Bearing Debts (Net Debts)                  •   Interest Bearing Debts (Net Debts) to Earning
        dibanding Earning Before Interest Tax                         Before    Interest  Tax     Depreciation    and
        Depreciation and Amortization (EBITDA) kurang                 Amortization (EBITDA) ratio is less than 400%;
        dari 400%;
      • Rasio Earning Before Interest Tax Depreciation            •   Earning Before Interest Tax Depreciation and
        and Amortization (EBITDA) dibanding Interest                  Amortization (EBITDA) to Interest Expense ratio
        Expense lebih dari 110%;                                      is more than 110%;
      • Debt Service Coverage Ratio (DSCR) lebih dari             •   Debt Service Coverage Ratio (DSCR) of more
        100%; dan                                                     than 100% ; and
      • Debt to Equity Ratio (DER) kurang dari 300%.              •   Debt to Equity Ratio (DER) of less than 300%.

      Pada tanggal 31 Desember 2025 dan 2024,                     As of December 31, 2025 and 2024, the Company
      Perusahaan telah memenuhi batasan umum dan                  has complied with the required general covenants
      rasio keuangan yang dipersyaratkan.                         and financial ratios.

      Cisco Systems Capital Asia, Pte. Ltd. (Cisco)               Cisco Systems Capital Asia, Pte. Ltd. (Cisco)

      Pada 16 September 2020, Perusahaan melakukan                On September 16, 2020, the Company entered into a
      perjanjian kerjasama dengan Cisco untuk                     loan agreement with Cisco to finance backbone
      pembiayaan       investasi  backbone    sebesar             investment amounting to USD 4,629,869 (in full US
      USD 4.629.869 (dalam Dolar AS penuh).                       Dollar). The loan shall be paid on a quaterly basis for
      Pembayaran cicilan dilakukan setiap triwulan                five (5) years with an interest rate of 3% per year. On
      selama lima (5) tahun dengan bunga 3% per tahun.            January 13, 2021, this agreement has been amended
      Pada 13 Januari 2021, perjanjian tersebut diubah            to change the facility to USD 3,775,080 (in full US
      nilai pembiayaan menjadi USD 3.775.080 (dalam               Dollar).
      Dolar AS penuh).

      Perusahaan melakukan perjanjian kerjasama                   The Company entered into a loan agreements with
      dengan Cisco untuk pembiayaan solusi Teknologi              Cisco to finance Information Technology solution
      Informasi dengan total sebesar USD 2.023.541                amounting to USD 2,023,541, (in full US Dollar),
      (dalam Dolar AS penuh) dimana penandatanganan               which these agreements signed on September 26,
      perjanjian tersebut pada tanggal 26 September               2017 and December 18, 2017 amounting to
      2017 dan 18 Desember 2017 dengan masing-                    USD 1,023,541 and USD 1,000,000 (in full US
      masing nilai kontrak sebesar USD 1.023.541 dan              Dollar), respectively. The loan shall be paid on a
      USD 1.000.000 (dalam Dolar AS penuh).                       quarterly basis for five (5) years with an interest rate
      Pembayaran cicilan dilakukan setiap triwulan                of 4.8% per year.
      selama lima (5) tahun dengan bunga 4,8%
      pertahun.

      Perusahaan melakukan perjanjian kerjasama                   The Company entered into a loan agreement with
      dengan Cisco untuk pembiayaan solusi Teknologi              Cisco to finance Information Technology solution
      Informasi dengan jumlah sebesar USD 1.276.508               amounting to USD 1,276,508 (in full US Dollar) which
      (dalam Dolar AS penuh) dimana penandatanganan               these agreement signed on September 19, 2017 and
      perjanjian tersebut pada tanggal 19 September               September 26, 2017 amounting to USD 579,446 and
      2017 dan 26 September 2017 dengan masing-                   USD 697,062 (in full US Dollar), respectively. The
      masing nilai kontrak sebesar USD 579.446 dan                loan shall be paid on a quaterly basis for five (5)
      USD 697.062 (dalam Dolar AS penuh).                         years with an interest rate of 4.8% per year.
      Pembayaran cicilan dilakukan setiap triwulan
      selama lima (5) tahun dengan bunga 4,8%
      pertahun.




Draft/March 28, 2026                                     - 58 -                                                     paraf:
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PT MORA TELEMATIKA INDONESIA TBK                                                PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                 AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                   Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                     For the Years Ended
31 Desember 2025 dan 2024                                                                    December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                    (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                        unless Otherwise Stated)


       Pada tanggal 31 Desember 2025 dan                                  As of December 31, 2025 and 2024, the Company’s
       2024, Perusahaan memiliki saldo pinjaman masing-                   outstanding loan payable amounted to USD 188,754
       masing sebesar USD 188.754 (setara dengan                          (equivalent to Rp 3,168) and USD 943,770
       Rp 3.168) dan USD 943.770 (setara dengan                           (equivalent     to    Rp    15,253)    (in    full
       Rp 15.253) (dalam Dolar AS penuh).                                 US Dollar), respectively.

       Pembayaran pokok utang non-bank pada                               Payment of non-bank loans for the years ended
       tahun-tahun yang berakhir 31 Desember 2025 dan                     December 31, 2025 and 2024 amounted to
       2024 masing-masing sebesar USD 755.016 (setara                     USD 755,016 (equivalent to Rp 12,468) and
       dengan Rp 12.468) dan USD 755.016 (setara                          USD 755,016 (equivalent to Rp 12,102) (in full US
       dengan Rp 12.102) (dalam Dolar AS penuh).                          Dollar), respectively.

       Bunga pinjaman pada tahun-tahun yang berakhir                      Interest expense on this loan for the years ended
       31 Desember 2025 dan 2024 masing-masing                            December 31, 2025 and 2024 amounted to Rp 1,116
       sebesar Rp 1.116 dan Rp 1.069 (Catatan 33).                        and Rp 1,069, respectively (Note 33).

       Pada Februari 2026, utang non-bank kepada Cisco                    In February 2026, the non-bank loan from Cisco has
       telah dilunasi seluruhnya.                                         been settled.

       Pembatasan-pembatasan                                              Covenants

       Perusahaan membutuhkan persetujuan terkait                         The Company requires consent regarding merger,
       merger dan akuisisi perusahaan atau anak usaha,                    acquisition of another a company or a subsidiary,
       mendirikan anak usaha, menjual aset atau bisnis,                   establishment of a subsidiary, selling of assets or
       perubahan lingkungan bisnis, membagi dividen ke                    business, change the scope of business, distributing
       pemegang saham, dan pelunasan utang pemegang                       dividend to shareholders and payment of shareholder
       saham.                                                             loans.

       Pada tanggal 31 Desember 2025 dan                                  As of December 31, 2025 and 2024, the Company
       2024, Perusahaan telah memenuhi batasan umum                       has complied with the required general covenants.
       yang dipersyaratkan.


 23.   Utang Bank                                                   23.   Bank Loans

                                                  2025                     2024

       PT Bank Mandiri (Persero) Tbk                3.320.279                3.133.962    PT Bank Mandiri (Persero) Tbk
       PT Bank Negara Indonesia (Persero) Tbk         682.646                1.228.622    PT Bank Negara Indonesia (Persero) Tbk
       Biaya provisi dan biaya transaksi                                                  Unamortized provision fee and
         yang belum diamortisasi                       (8.207)                 (20.382)     transaction costs
       Jumlah                                       3.994.718                4.342.202    Total

       Dikurangi: bagian yang jatuh tempo
         dalam satu tahun                            (985.962)              (1.437.211)   Less: current portion
       Bagian yang jatuh tempo
         lebih dari satu tahun                      3.008.756                2.904.991    Noncurrent portion

       PT Bank Mandiri (Persero) Tbk (Bank Mandiri)                       PT Bank Mandiri (Persero) Tbk (Bank Mandiri)

       Perusahaan                                                         The Company

       •   Pada tanggal 14 Oktober 2011, Perusahaan                       • On October 14, 2011, The Company obtained
           memperoleh fasilitas pinjaman dari Bank                          a loan facilities from Bank Mandiri follows:
           Mandiri sebagai berikut:

           a)   Fasilitas kredit untuk modal kerja                           a)    Working capital credit facility obtained from
                operasional sebesar Rp 20.000 memiliki                             Bank Mandiri amounting to Rp 20,000 which
                periode jatuh tempo tahunan. Pada                                  has a term of one (1) year. On October 18,
                tanggal 18 Oktober 2015, Perusahaan                                2015, the Company obtained additional
                memperoleh tambahan fasiitas modal                                 working capital credit facility from Bank
                kerja dari Bank Mandiri sebesar Rp 5.000                           Mandiri amounting to Rp 5,000 bringing the
                sehingga jumlah fasilitas menjadi                                  total facility to Rp 25,000.
                Rp 25.000.

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Page 304
PT MORA TELEMATIKA INDONESIA TBK                                         PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                          AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                            Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                              For the Years Ended
31 Desember 2025 dan 2024                                                             December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                             (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                 unless Otherwise Stated)


               Fasilitas ini diperpanjang setiap tahun dan                  This facility has been renewed every year
               terakhir kalinya diperpanjang pada tanggal                   with latest renewal made on July 5, 2024 for
               5 Juli 2024 untuk jangka waktu dua belas                     twelve (12) months.
               (12) bulan.

               Pada tanggal 31 Oktober 2024,                                On October 31, 2024, the Company has
               Perusahaan telah melunasi seluruh                            fully paid this credit facility.
               fasilitas kredit ini.

          b)   Fasilitas     Non-Cash       Loan     (NCL)             b)   Non-Cash Loan (NCL) LC/SKBDN/Bank
               LC/SKBDN/Bank Garansi (BG) sebesar                           Guarantee (BG) amounting to Rp 5,000 with
               Rp 5.000 dengan tenor maksimal selama                        a term of 180 days. This facility will be used
               180 hari. Tujuan penggunaan fasilitas ini                    to purchase fiber optic lease network,
               adalah untuk pembelian sewa jaringan                         network material and imported and local
               serat optik, material jaringan dan peralatan                 equipment in order to support the
               impor dan lokal dalam rangka menunjang                       Company’s operating activity. The NCL and
               kegiatan       operasional     Perusahaan.                   BG facilities have been extended several
               Fasilitas NCL dan BG ini telah beberapa                      times, with the latest extension on July 5,
               kali    mengalami         perubahan     dan                  2024, for 12 months amounting to
               perpanjangan, terakhir diperpanjang pada                     Rp 25,000 and the Bank Guarantee facility
               tanggal 5 Juli 2024, untuk periode selama                    amounting to Rp 25,000 is sub limit of NCL.
               12 bulan dengan jumlah fasilitas sebesar
               Rp 25.000 dan fasilitas Bank Garansi
               sebesar Rp 25.000 merupakan sub limit
               dari fasilitas NCL.

               Pada tanggal 11 September 2024,                              On September 11, 2024, the Company
               Perusahaan memperoleh tambahan                               obtained additional facility of Rp 70,000
               fasilitas sebesar Rp 70.000 sehingga                         thus, increasing this facility to Rp 95,000,
               jumlah fasilitas ini menjadi sebesar                         and the Bank Guarantee facility amounted
               Rp 95.000, dimana fasilitas Bank Garansi                     Rp 25,000 which is a sub limit of the NCL.
               tetap sebesar Rp 25.000 yang merupakan
               sub limit dari fasilitas NCL.

               Pada tanggal 26 Juni 2025, Perusahaan                        On June 26, 2025, the Company obtained
               memperoleh tambahan fasilitas sebesar                        additional facility of Rp 65,000 thus,
               Rp 65.000 sehingga jumlah fasilitas ini                      increasing this facility to Rp 160,000, with
               menjadi sebesar Rp 160.000, dimana                           the Bank Guarantee facility increasing by
               fasilitas Bank Garansi meningkat sebesar                     Rp 15,000 to Rp 40,000, which is a sub-limit
               Rp 15.000 sehingga fasilitas Bank Garansi                    of the NCL facility.
               ini menjadi Rp 40.000 yang merupakan
               sub limit dari fasilitas NCL.

               Pada tanggal 31 Desember 2025 dan                            As of December 31, 2025 and 2024, the
               2024, Perusahaan telah menggunakan                           Company has utilized these credit facilities
               fasilitas kredit ini masing-masing sebesar                   amounting to Rp 22,538 and Rp 13,856,
               Rp 22.538 dan Rp 13.856.                                     respectively.

          c)   Treasury line sebesar USD 1.000.000                     c)   Treasury        facility    amounting      to
               (dalam Dolar AS penuh) dengan jangka                         USD 1,000,000 (in full US Dollar) for a
               waktu 12 bulan. Tujuan penggunaan                            period of 12 months. The purpose of this
               fasilitas ini adalah hedging transaksi usaha                 facility is to support the import and export
               impor dan ekspor. Fasilitas ini telah                        hedging transactions. This facility has been
               beberapa kali diperpanjang, terakhir pada                    renewed for several times, the latest on
               tanggal 9 Juli 2026 untuk jangka waktu                       July 9, 2026 for twelve (12) months.
               dua belas (12) bulan.

               Sampai dengan tanggal laporan keuangan                       As of date of completion of the consolidated
               konsolidasian ini diterbitkan, Perusahaan                    financial statements, the Company has not
               belum menggunakan fasilitas kredit ini.                      utilized this credit facility.




Draft/March 28, 2026                                          - 60 -                                                paraf:
Page 305
PT MORA TELEMATIKA INDONESIA TBK                                                 PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                  AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                    Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                      For the Years Ended
31 Desember 2025 dan 2024                                                                     December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                     (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                         unless Otherwise Stated)



          Jaminan untuk fasilitas kredit investasi di atas                    The collaterals for these credit facilities are the
          adalah masing-masing perangkat yang akan                            project itself and all of the working capital
          dibangun dan seluruh agunan fasilitas kredit                        collaterals.
          modal kerja.

      •   Pada tanggal 21 Juni 2018, Perusahaan                           •   On June 21, 2018, the Company obtained loan
          memperoleh      fasilitas   pinjaman dari                           facility from Bank Mandiri as follows:
          Bank Mandiri sebagai berikut:

          a)   Fasilitas kredit investasi sejumlah                            a)   Investment credit facility amounting to
               Rp 300.000 yang digunakan untuk                                     Rp 300,000 which will be used to finance
               pembiayaan proyek fiberisasi tower                                  tower fiberization project for PT Indosat Tbk,
               PT Indosat Tbk, PT Hutchison 3 Indonesia                            PT Hutchison 3 Indonesia and PT XL Axiata
               dan PT XL Axiata Tbk. Fasilitas kredit ini                          Tbk. This credit facility has a term of sixty
               memiliki periode pelunasan selama enam                              (60) months with a 18 month grace period.
               puluh (60) bulan dengan 18 bulan grace
               period.

               Pada tanggal 30 Januari 2025,                                       On January 30, 2025, the Company has
               Perusahaan telah melunasi seluruh                                   fully paid this credit facility.
               fasilitas kredit ini.

               Pada tanggal 31 Desember 2024, saldo                                As of December 31, 2024, the outstanding
               utang pokok atas fasilitas ini sebesar                              loan from this facility amounted to Rp 416.
               Rp 416.

          b)   Fasilitas kredit investasi sejumlah                            b)   Investment credit facility amounting to
               Rp 70.000 yang digunakan untuk proyek                               Rp 70,000 which will be used for the
               penyediaan infrastuktur telekomunikasi                              construction     of    telecommunication
               berupa BTS backhaul untuk PT Smartfren                              infrastructure of BTS backhaul for
               Telecom Tbk dan/atau PT Smart Telecom.                              PT Smartfren Telecom Tbk and/or PT Smart
               Fasilitas kredit ini memiliki periode                               Telecom. This credit facility has a
               pelunasan selama enam puluh enam (66)                               repayment period of sixty-six (66) months
               bulan sejak berakhirnya masa penarikan.                             from the end of the drawdown period. The
               Masa penarikan adalah 9 bulan.                                      drawdown period is 9 months.

               Pada tanggal 30 Oktober 2024,                                       On October 30, 2024, the Company has
               Perusahaan telah melunasi seluruh                                   fully paid this credit facility.
               fasilitas kredit ini.

      •   Pada tanggal 20 Oktober 2020, Perusahaan                        •   On October 20, 2020, the Company entered into
          menerima pinjaman dari Bank Mandiri sebesar                         a loan agreement with Bank Mandiri for
          Rp 240.000 dengan tujuan general corporate                          Rp 240,000 for general corporate purposes. This
          purposes. Fasilitas kredit ini memiliki periode                     credit facility has a term of sixty (60) months.
          pelunasan selama enam puluh (60) bulan.

          Pada tanggal 28 Mei 2021, Perusahaan                                On May 28, 2021, the Company entered into a
          menerima pinjaman dari Bank Mandiri sebesar                         loan agreement with Bank Mandiri for
          Rp 500.000 dengan tujuan general corporate                          Rp 500,000 for general corporate purposes. This
          purposes. Fasilitas kredit ini memiliki periode                     credit facility has a term of sixty (60) months. The
          pelunasan selama enam puluh (60) bulan.                             Company has fully drawdown this facility.
          Perusahaan telah mencairkan seluruh fasilitas
          ini.

          Pada tanggal 30 Juni 2022, Perusahaan                               On June 30, 2022, the Company entered into a
          menerima pinjaman dari Bank Mandiri sebesar                         loan agreement with Bank Mandiri for
          Rp 400.000 dengan tujuan general corporate                          Rp 400,000 for general corporate purposes. The
          purposes. Perusahaan telah mencairkan                               Company fully drawdown of this facility. This
          seluruh fasilitas ini. Fasilitas kredit ini memiliki                credit facility has a repayment period of sixty (60)
          periode pelunasan selama enam puluh (60)                            months from the date of agreement.
          bulan sejak tanggal perjanjian.



Draft/March 28, 2026                                             - 61 -                                                     paraf:
Page 306
PT MORA TELEMATIKA INDONESIA TBK                                                PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                 AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                   Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                     For the Years Ended
31 Desember 2025 dan 2024                                                                    December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                    (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                        unless Otherwise Stated)



          Pada tanggal 30 November 2022, Perusahaan                          On November 30, 2022, the Company entered
          menerima pinjaman dari Bank Mandiri sebesar                        into a loan agreement with Bank Mandiri for
          Rp 460.000 dengan tujuan general corporate                         Rp 460,000 for general corporate purposes. The
          purposes. Perusahaan telah mencairkan                              Company fully drawndown of this facility. This
          seluruh fasilitas ini. Fasilitas kredit ini memiliki               credit facility has a repayment period of sixty-one
          periode pelunasan selama enam puluh satu (61)                      (61) months including availability period of one (1)
          bulan termasuk availability period selama satu                     month.
          (1) bulan.

          Pada tanggal 26 Juni 2023, Perusahaan                              On June 26, 2023, the Company entered into a
          menerima pinjaman dari Bank Mandiri sebesar                        loan agreement with Bank Mandiri ofor
          Rp 650.000 dengan tujuan general corporate                         Rp 650,000 for general corporate purposes. The
          purposes. Perusahaan telah mencairkan                              Company has fully drawdown this facility. This
          fasilitas ini seluruhnya. Fasilitas kredit ini                     credit facility has a repayment period of sixty-one
          memiliki periode pelunasan selama enam puluh                       (61) months.
          satu (61) bulan.

          Pada tanggal 16 November 2023, Perusahaan                          On November 16, 2023, the Company entered
          menerima pinjaman dari Bank Mandiri sebesar                        into a loan agreement with Bank Mandiri for
          Rp 650.000 dengan tujuan general corporate                         Rp 650,000 for general corporate purpose of the
          purposes dalam rangka pembangunan Project                          construction of Jakarta to Singapore backbone
          Backbone Jakarta - Singapura. Per tanggal                          project. As of December 31, 2025 and 2024 the
          31 Desember 2025 dan 2024 Perusahaan telah                         Company has drawndown of this facility
          mencairkan fasilitas ini masing-masing sebesar                     amounting to Rp 389,025 and Rp 268,580,
          Rp 389.025 dan Rp 268.580. Fasilitas kredit ini                    respectively. The credit facility has a term of 60
          memiliki waktu pelunasan 60 bulan dengan                           months with Availabillity period and a grace
          Availability period dan grace period selama 18                     period of 18 months. This credit facility has a
          bulan. Fasilitas kredit ini memiliki periode                       repayment period of seventy-eight (78) months.
          pelunasan selama tujuh puluh delapan (78)
          bulan.

          Pada tanggal 27 Desember 2023, Perusahaan                          On December 27, 2023, the Company entered
          menerima pinjaman dari Bank Mandiri sebesar                        into an agreement with Bank Mandiri for
          Rp 426.000 dengan tujuan general corporate                         Rp 426,000 for general corporate purposes. The
          purposes. Perusahaan telah mencairkan seluruh                      Company has fully drawndown this facility. This
          fasilitas ini. Fasilitas kredit ini memiliki periode               credit facility has a repayment period of thirty-two
          pelunasan selama tiga puluh dua (32) bulan.                        (32) months.

          Pada tanggal 26 Maret 2024, Perusahaan                             On March 26, 2024, the Company entered into a
          menerima pinjaman dari Bank Mandiri sebesar                        loan agreement with Bank Mandiri for
          Rp 1.122.000 dengan tujuan general corporate                       Rp 1,122,000 for general corporate purposes. The
          purposes. Perusahaan telah mencairkan                              Company has fully drawndown of this facility. This
          seluruh fasilitas ini. Fasilitas kredit ini memiliki               credit facility has a repayment period of sixty-two
          periode pelunasan selama enam puluh dua (62)                       (62) months.
          bulan.

          Pada tanggal 31 Desember 2025 dan                                  As of December 31, 2025 and 2024, the
          2024, saldo utang pokok bank atas fasilitas ini                    outstanding balances of bank loan from these
          masing-masing adalah sebesar nihil dan                             facilities amounted to nil and Rp 2,785,888,
          Rp 2.785.888.                                                      respectively.

      •   Pada bulan Mei 2025, Perusahaan memperoleh                      • In May 2025, the Company obtained loan facilities
          fasilitas pinjaman dari Bank Mandiri sebagai                      from Bank Mandiri as follows:
          berikut:




Draft/March 28, 2026                                             - 62 -                                                    paraf:
Page 307
PT MORA TELEMATIKA INDONESIA TBK                                        PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                         AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                           Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                             For the Years Ended
31 Desember 2025 dan 2024                                                            December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                            (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                unless Otherwise Stated)



          a) Fasilitas  kredit   investasi     sejumlah              a) Investment credit facility amounting to
             Rp 98.000 yang digunakan untuk                             Rp 98,000, which is used to finance the
             pembiayaan aset eksisting Perusahaan                       Company’s existing assets in the form of land
             berupa Tanah dan Bangunan yang terletak                    and buildings located at Jalan Penataran No.
             pada Jalan Penataran No. 9, Pegangsaan,                    9, Pegangsaan, Menteng, Central Jakarta.
             Menteng, Jakarta Pusat. Fasilitas kredit ini               This credit facility has a repayment period of
             memiliki periode pelunasan selama tujuh                    seventy-three (73) months. The Company has
             puluh tiga (73) bulan. Perusahaan telah                    fully drawn down this facility.
             mencairkan seluruh fasilitas ini.

          b) Fasilitas    kredit    investasi   sejumlah             b) Investment credit facility amounting to
             Rp 189.000 yang digunakan untuk                            Rp 189,000, which is used to finance the
             pembiayaan aset eksisting Perusahaan                       Company’s existing assets in the form of land
             berupa Tanah dan Bangunan yang terletak                    and buildings located at Jalan Proklamasi
             pada Jalan Proklamasi No. 48, Menteng,                     No. 48, Menteng, Central Jakarta. This credit
             Jakarta Pusat. Fasilitas kredit ini memiliki               facility has a repayment period of seventy-
             periode pelunasan selama tujuh puluh tiga                  three (73) months. The Company has fully
             (73) bulan. Perusahaan telah mencairkan                    drawn down this facility.
             seluruh fasilitas ini.

          c) Fasilitas    kredit    investasi sejumlah               c) Investment credit facility amounting to
             Rp 40.000 yang digunakan untuk                             Rp 40,000, used to finance the Company’s
             pembiayaan aset eksisting Perusahaan                       existing assets in the form of land and
             berupa Tanah dan Bangunan Data Center                      buildings of the NIX Data Center located at
             NIX yang terletak di Jalan Raya Jatinegara                 Jalan Raya Jatinegara Barat No. 44,
             Barat No. 44, Jatinegara, Jakarta Timur.                   Jatinegara, East Jakarta. This credit facility
             Fasilitas kredit ini memiliki periode                      has a repayment period of seventy-three (73)
             pelunasan selama tujuh puluh tiga (73)                     months. The Company has fully drawn down
             bulan. Perusahaan telah mencairkan                         this facility.
             seluruh fasilitas ini.

          d) Fasilitas     term    loan       sejumlah               d) Term      loan    facilities amounting     to
             Rp 1.994.000 (Tranche A), Rp 800.000                       Rp 1,994,000 (Tranche A), Rp 800,000
             (Tranche B), dan Rp 391.000 (Tranche C)                    (Tranche B), and Rp 391,000 (Tranche C),
             yang digunakan untuk pembiayaan aset                       used to finance the Company’s existing
             eksisting Perusahaan berupa jaringan fiber                 assets in the form of fiber optic backbone
             optik backbone, fiber optik fiberisiasi,                   network, fiber optic access network,
             equipment, dan peralatan pendukung.                        equipment, and supporting tools. The credit
             Fasilitas kredit ini memiliki periode                      facility has a repayment period of seventy-
             pelunasan selama tujuh puluh tiga (73)                     three (73) months for Tranche A, ninety-nine
             bulan untuk tranche A, sembilan puluh                      (99) months for Tranche B, and ninety-three
             sembilan (99) bulan untuk tranche B, dan                   (93) months for Tranche C.
             sembilan puluh tiga (93) bulan untuk
             tranche C.

             Pada tanggal 31 Desember 2025,                             As of December 31, 2025, the Company has
             Perusahaan telah menggunakan fasilitas                     utilized this credit facility in the amount of
             kredit ini sebesar Rp 2.573.234.                           Rp 2,573,234.

          e) Fasilitas term loan sejumlah Rp 460.000                 e) Term      loan    facilities amounting       to
             (Tranche A), dan Rp 139.000 (Tranche B)                    Rp 460,000 (Tranche A) and Rp 139,000
             yang digunakan untuk pembiayaan aset                       (Tranche B), used to finance the Company’s
             eksisting Perusahaan berupa jaringan fiber                 existing assets in the form of inner-city fiber
             optik innercity dan FTTH, serta peralatan                  optic networks and FTTH, as well as
             dan equipment pendukung. Fasilitas kredit                  supporting equipment and devices. The credit
             ini memiliki periode pelunasan selama                      facility has a repayment period of ninety-six
             sembilan puluh enam (96) bulan untuk                       (96) months for Tranche A, and ninety (90)
             tranche A, dan sembilan puluh (90) bulan                   months for Tranche B.
             untuk trance B.




Draft/March 28, 2026                                        - 63 -                                               paraf:
Page 308
PT MORA TELEMATIKA INDONESIA TBK                                             PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                              AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                  For the Years Ended
31 Desember 2025 dan 2024                                                                 December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                 (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                     unless Otherwise Stated)



             Pada tanggal 31 Desember 2025,                                   As of December 31, 2025, the Company has
             Perusahaan telah menggunakan fasilitas                           utilized this credit facility in the amount of
             kredit ini sebesar Rp 389.000.                                   Rp 389,000.

      Pada tanggal 31 Desember 2025, saldo utang                      As of December 31, 2025, the outstanding loan from
      pokok atas fasilitas yang disebutkan di atas adalah             the facilities mentioned above amounted to
      sebesar Rp 3.085.279.                                           Rp 3,085,279.

      Pembatasan-pembatasan                                           Covenants

      Pembatasan Perusahaan atas perjanjian kredit                    The covenant of the Company's credit facilities from
      dengan Bank Mandiri tersebut meliputi mengikatkan               Bank Mandiri is that the Company is not allowed to
      diri sebagai penjamin utang/menjaminkan harta                   be debt guarantors/pledging assets to other parties
      kekayaan kepada pihak lain dan memperoleh                       and obtaining credit/loan facilities from other parties,
      fasilitas kredit/pinjaman dari pihak lain, kecuali              unless the financial covenant is fulfilled by a
      financial covenant terpenuhi cukup surat                        notification letter only.
      pemberitahuan saja.

      Berdasarkan perjanjian tersebut, Perusahaan                     Based on the agreement, the Company is required to
      diharuskan memenuhi beberapa persyaratan dan                    comply with several terms and conditions, including
      ketentuan, diantaranya mempertahankan rasio-                    maintaining financial ratios as follows:
      rasio keuangan sebagai berikut:

      -   Debt to Equity Ratio (DER) kurang dari 300%                 -   Debt to Equity Ratio (DER) is less than 300%
      -   Rasio Interest Bearing Debts (Net Debts)                    -   Interest Bearing Debts (Net Debts) to Earning
          dibanding Earning Before Interest Tax                           Before Interest Tax Depreciation and Amortization
          Depreciation and Amortization (EBITDA) kurang                   (EBITDA) ratio is less than 400%;
          dari 400%;
      -   Rasio Earning Before Interest Tax Depreciation              -   Earning Before Interest Tax Depreciation and
          and Amortization (EBITDA) dibanding Interest                    Amortization (EBITDA) to Interest Expense ratio
          Expense lebih dari 110%; dan                                    is more than 110%; and
      -   Debt Service Coverage Ratio (DSCR) lebih dari               -   Debt Service Coverage Ratio (DSCR) of more
          100%.                                                           than 100%.

      Pada tanggal 31 Desember 2025 dan 2024,                         As of December 31, 2025 and 2024, the Company
      Perusahaan telah memenuhi batasan umum dan                      has complied with the required general convenant
      rasio keuangan yang dipersyaratkan.                             and financial ratios.

      PT Palapa Ring Barat (PRB) - Entitas Anak                       PT Palapa Ring Barat (PRB) - a Subsidiary

      •   Berdasarkan Perjanjian Kredit Investasi (KI) dan            •   Based on Investment Credit (KI) and
          Fasilitas Non-Cash Loan (LC/SKBDN/BG)                           Non-Cash Loan Facility (LC/SKBDN/BG)
          dengan Bank Mandiri tanggal 25 Juli 2016, PRB                   Agreement with Bank Mandiri dated July 25,
          memperoleh fasilitas kredit sebagai berikut:                    2016, PRB obtained the following credit facilities:

          Fasilitas Kredit Investasi (“KI”) sebesar                       Investment Credit Facility (“KI”) amounting to
          Rp 875.785 untuk membiayai pembangunan                          Rp 875,785 used to finance the construction of
          jaringan Tulang Punggung (Backbone) Serat                       Backbone network of National Fiber Optic West
          Optik Nasional Paket Barat. Jangka waktu                        Package. The period of credit facilities is 8 years
          fasilitas kredit adalah 8 tahun sejak                           from the signing of the Credit Agreement
          penandatanganan Perjanjian Kredit (termasuk                     (including grace period and availability period
          grace period dan availability period selama 2                   within 2 years, which is from July 25, 2016 until
          tahun, yaitu sejak tanggal 25 Juli 2016 sampai                  July 24, 2024). On July 23, 2024, PRB has fully
          dengan 24 Juli 2024). Pada tanggal                              paid this credit facility.
          23 Juli 2024, PRB telah melunasi seluruh
          fasilitas kredit ini.




Draft/March 28, 2026                                         - 64 -                                                     paraf:
Page 309
PT MORA TELEMATIKA INDONESIA TBK                                                 PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                  AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                    Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                      For the Years Ended
31 Desember 2025 dan 2024                                                                     December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                     (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                         unless Otherwise Stated)



          Fasilitas ini dijamin dengan pembangunan                         These facilities are secured by the construction of
          jaringan tulang punggung (backbone) serat optik                  national fiber optic backbone network western
          nasional paket barat termasuk jaringan fiber                     package including fiber optic network, land, trade
          optik dan tanah, piutang usaha dari                              receivables from Ministry of Communications and
          Kementerian Komunikasi dan Informatika                           Information Technology (Kominfo), claim
          (Kominfo),      pembayaran      klaim      dari                  payments from PT Penjaminan Infrastruktur
          PT Penjaminan Infrastruktur Indonesia (PII),                     Indonesia (PII), corporate guarantee and deficit
          corporate guarantee dan deficit cashflow dari                    cashflow from the Company, pledges of shares of
          Perusahaan, gadai saham PRB atas nama                            PRB on behalf PT Ketrosden Triasmitra and the
          PT Ketrosden Triasmitra dan Perusahaan, gadai                    Company, pledges of shares PT Inovasi Mas
          saham PT Inovasi Mas Mobilitas atas nama                         Mobilitas on behalf of Farida Bau and personal
          Farida Bau dan personal guarantee dari                           guarantee of Galumbang Menak, a related party.
          Galumbang Menak, pihak berelasi.

          Fasilitas ini mengharuskan PRB memenuhi                          The facilities agreement required PRB to comply
          beberapa persyaratan, yaitu persyaratan yang                     with several requirements, such as requirements
          bersifat wajib untuk dilakukan dan hal-hal yang                  which are compulsive and matters which are not
          tidak boleh dilakukan tanpa persetujuan serta                    to be done without approval and other additional
          persyaratan tambahan lainnya, salah satunya                      requirements, one of them is that when the
          adalah apabila proyek pembangunan jaringan                       construction of national fiber optic backbone
          tulang punggung (backbone) serat optik                           network western package is completed then PRB
          nasional paket barat telah selesai maka PRB                      must provide minimum restricted funds
          wajib menyediakan pencadangan dana minimal                       amounting to Rp 7,000 to cover the risk of
          sebesar       Rp     7.000    yang      dibatasi                 uninsured of submarine cable/fiber optic owned
          penggunaannya sebagai pencadangan atas                           by PRB when construction of backbone network
          risiko dari tidak ditutupnya asuransi jaringan                   of National Optical Fiber West Package project
          submarine cable/serat optik milik PRB, apabila                   had finished.
          proyek pembangunan jaringan tulang punggung
          (backbone) Serat Optik Nasional Paket Barat
          telah selesai.

     •   PRB melakukan perjanjian kredit baru dengan                   •   PRB entered into new credit facilities agreement
         Bank Mandiri pada bulan September 2024                            with Bank Mandiri in September 2024 amounting
         sebesar Rp 320.000 untuk pelunasan utang                          to Rp 320,000 to pay off debts to shareholders.
         kepada pemegang saham. Jangka waktu                               The term of the credit facility is 61 months from
         fasilitas kredit adalah 61 bulan sejak                            the signing of the Credit Agreement (including an
         penandatanganan Perjanjian Kredit (termasuk                       availability period of 5 months). These facilities
         availability period selama 5 bulan). Fasilitas ini                are secured by time deposits amounting to
         dijaminkan dengan deposito sebesar Rp 16.000                      Rp 16,000 and account receivable amounting to
         dan piutang usaha sebesar Rp 320.000.                             Rp 320,000.

          PRB telah mencairkan fasilitas ini sebesar                       PRB has drawdown this facility amounting to
          Rp 300.000 pada bulan September 2024 dan                         Rp 300,000 in September 2024 and
          Rp 20.000 pada bulan Oktober 2024.                               Rp 20,000 in October 2024.

          Pada tanggal 31 Desember 2025 dan 2024,                          As of December 31, 2025 and 2024, the
          saldo utang pokok atas fasilitas ini masing-                     outstanding loan from these facilities amounted to
          masing sebesar Rp 235.000 dan Rp 308.000.                        Rp 235,000 and Rp 308,000, respectively.

          Pembatasan-pembatasan                                            Covenants

          Pembatasan PRB atas perjanjian kredit dengan                     The PRB’s Covenant for credit facility with
          Bank Mandiri meliputi mengikatkan diri sebagai                   Bank Mandiri is that PRB is not allowed to be
          penjamin utang/menjaminkan harta kekayaan                        debt guarantor/pledge assets to other parties and
          kepada pihak lain dan memperoleh fasilitas                       obtain new credit/loan facilities from other parties.
          kredit/pinjaman dari pihak lain.

         PRB disyaratkan untuk memenuhi batasan                            PRB is required to fulfill certain general covenant
         umum dan rasio keuangan tertentu, diantaranya:                    and financial ratios, including:

          -   Rasio Debt dibanding Equity dan Utang                        -     Debt to Equity and Shareholder Loan ratio of
              Pemegang Saham kurang dari 300%;                                   less than 300%;


Draft/March 28, 2026                                          - 65 -                                                      paraf:
Page 310
PT MORA TELEMATIKA INDONESIA TBK                                                PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                 AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                   Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                     For the Years Ended
31 Desember 2025 dan 2024                                                                    December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                    (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                        unless Otherwise Stated)


          -    Debt Service Coverage Ratio (DSCR) lebih                   -     Debt Service Coverage Ratio (DSCR) of more
               dari 100%; and                                                   than 100%; and
          -    Equity selalu positif.                                     -     Equity is always positive.

          Pada tanggal 31 Desember 2025 dan 2024,                         As of December 31, 2025 and 2024, PRB has
          PRB telah memenuhi batasan umum dan rasio                       complied with the required general covenant and
          keuangan yang dipersyaratkan.                                   financial ratios.

      PT Indo Pratama Teleglobal (IPT) - Entitas Anak                 PT Indo Pratama Teleglobal (IPT) - a Subsidiary

      •   Berdasarkan Surat Penawaran Pemberian                       •   Based on the letter of offering for Granting
          Kredit tanggal 23 Juni 2023, IPT melakukan                      Credit dated June 23, 2023, IPT made renewal
          perpanjangan waktu dan perubahan ketentuan                      and terms and condition changing for the
          Fasilitas Pinjaman Kredit Modal Kerja (KMK)                     working capital credit (KMK) loan facility
          dengan limit sebesar Rp 25.000 dan melakukan                    amounting Rp 25,000, also made renewal and
          perpanjangan serta tambahan limit fasilitas                     additional limit for Treasury Line Facility from
          Treasury Line yang semula USD 1.000.000                         USD 1,000,000 to USD 2,500,000 (in full US
          menjadi USD 2.500.000 (dalam Dolar AS                           Dollar). The term for this facility is 12 months
          penuh). Jangka waktu fasilitas kredit adalah                    with period from June 27, 2023 until June 26,
          12 bulan dengan periode 27 Juni 2023 sampai                     2024 and bears interest at 9.50% per annum.
          dengan 26 Juni 2024 dengan dikenakan bunga                      This credit facility is guaranteed by
          9,50% per tahun. Fasilitas kredit ini dijamin                   telecommunications fixed assets and IPT’s
          dengan aset tetap telekomunikasi dan mesin                      machines amounting to Rp 4,400 as additional
          IPT sebesar Rp 4.400 sebagai jaminan                            collateral.
          tambahan.

          Fasilitas Treasury Line telah beberapa kali                     The Treasury Line facility has been extended
          diperpanjang, terakhir pada tanggal 20 Juni                     several times, most recently on June 20, 2025,
          2025 untuk jangka waktu dua belas (12) bulan.                   for a period of twelve (12) months.

          Pada tangal 30 April 2024, fasilitas kredit                     On April 30, 2024, the outstanding balance of the
          tersebut sudah dilunasi seluruhnya.                             facility had been settled.

      •   Berdasarkan Surat Persetujuan Pemberian                     •   Based on the Letter of Approval for Granting
          Kredit (SPPK) tanggal 22 Desember 2020, IPT                     Credit (SPPK) dated December 22, 2020, IPT
          memperoleh fasilitas pinjaman kredit sebagai                    obtained a loan facility as follows:
          berikut:

          a)    Fasilitas Kredit Investasi 1 sebesar                      a)      Investment Credit Facility 1, amounting
                Rp 90.000 yang digunakan untuk                                    to Rp 90,000 which is used to
                pembiayaan aset milik IPT berupa 47                               finance the IPT's existing assets in the form
                Tower, 510 VSAT dan Sentra Komunikasi                             of     47    towers,    510       VSAT      and
                (HUB) atas Penyediaan Kapasitas Satelit                           Communication Centers (HUB) for the
                Telekomunikasi       beserta      sarana                          provision of capacity for telecommunications
                pendukung. Jangka waktu fasilitas ini                             satellites and supporting facilities. The credit
                adalah 43 bulan sejak berakhirnya 3 bulan                         facility has a term of 43 months from the 3
                grace period dan dikenakan bunga 9,50%                            months grace period and bears interest of
                per tahun.                                                        9.50% per annum.

                Pada tanggal 27 September 2024, fasilitas                         On September 27, 2024, the outstanding
                kredit tersebut sudah dilunasi seluruhnya.                        balance of the facility had been settled.

          b)    Fasilitas Kredit Investasi 2 sebesar                      b)      Investment Credit Facility 2, amounting
                Rp 60.000 yang digunakan untuk                                    to Rp 60,000 which is used for
                pembiayaan proyek pengadaan Tower                                 financing    procurement      projects    of
                Power,      VSAT       dan     perangkat                          Tower     Power,     VSAT      and     other
                telekomunikasi lainnya dengan Bouwheer                            telecommunications       equipment      with
                BUMN, Lembaga Pemerintah, perusahaan                              Bouwheer BUMN, Government Institutions,
                operator provider atau Bouwheer lainnya.                          provider operators or other Bouwheer
                Jangka waktu fasilitas ini adalah                                 companies. The credit facility has a term of
                34 bulan sejak berakhirnya 12 bulan grace                         34 months from the 12 months grace period
                period dan dikenakan bunga 9,5% per                               and bears interest at 9.5% per annum.
                tahun.


Draft/March 28, 2026                                         - 66 -                                                         paraf:
Page 311
PT MORA TELEMATIKA INDONESIA TBK                                             PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                              AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                  For the Years Ended
31 Desember 2025 dan 2024                                                                 December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                 (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                     unless Otherwise Stated)


               Pada tanggal 27 September 2024, fasilitas                       On September 27, 2024, the outstanding
               kredit tersebut sudah dilunasi seluruhnya.                      balance of the facility had been settled.

          c)   Penawaran fasilitas Treasury Line sebesar                  c)   Offering of Treasury Line facility of
               USD 1.000.000 (dalam Dolar AS penuh)                            USD 1,000,000 (in full US Dollar) which is
               yang digunakan untuk melakukan hedging                          used for hedging foreign currency
               transaksi valuta asing yang terkait dengan                      transactions related to the IPT's operational
               kegiatan operasional IPT.                                       activities.

               Jangka waktu fasilitas ini adalah 12 bulan.                     The term of this facility is 12 months.

      •   Berdasarkan Surat Persetujuan Pemberian                     •   Based on the Letter of Approval for Granting
          Kredit (SPPK) tanggal 8 Desember 2021, IPT                      Credit (SPPK) dated December 8, 2021, IPT
          memperoleh fasilitas pinjaman kredit sebagai                    obtained a loan facility as follows:
          berikut:

          Fasilitas  Kredit    Investasi   3     sebesar                  Investment Credit Facility 3, amounting to
          Rp 70.000 yang digunakan untuk Pembiayaan                       Rp 70,000 which is used to finance procurement
          proyek pengadaan Tower Power, VSAT dan                          projects of Tower Power, VSAT and other
          perangkat telekomunikasi lainnya dengan                         telecommunications equipment with Bowheer
          Bowheer BUMN, Lembaga Pemerintah,                               BUMN, Government Institutions, provider
          perusahaan operator provider atau Bowheer                       operators or other Bowheer companies. The
          lainnya. Fasilitas kredit ini memiliki periode                  credit facility has a term of 60 months from the 12
          pelunasan 60 bulan sejak berakhirnya 12 bulan                   months grace period and this facility bears
          grace period dan dikenakan bunga 9,5% per                       interest at 9.5% per annum.
          tahun.

          Pada tangal 31 Desember 2025 dan                                As of December 31, 2025 and 2024 the
          2024 saldo utang pokok bank atas fasilitas ini                  outstanding balance of bank loan from this facility
          adalah masing-masing sebesar nihil dan                          amounted to nil and Rp 39,658, respectively.
          Rp 39.658.

      •   Berdasarkan Surat Persetujuan Pemberian                     •   Based on the Letter of Approval for Granting
          Kredit (SPPK) tanggal 29 November 2022, IPT                     Credit (SPPK) dated November 29, 2022, IPT
          memperoleh fasilitas pinjaman kredit sebagai                    obtained a loan facility as follows:
          berikut:

          a)   Perpanjangan Fasilitas Non-Cash Loan                       a)   Renewal      Non-cash    Loan    (NCL)
               (NCL) LC/SKBDN/Bank Garansi (BG)                                LC/SKBDN/Revolving Line Guarantee Bank
               sebesar Rp 37.400 yang digunakan untuk                          Facility of Rp 37,400 used to guarantee
               untuk    menjamin    (Payment   Bond)                           (Payment Bonds) year-end payment to
               pembayaran akhir tahun ke Badan                                 Badan Aksesibilitas Telekomunikasi dan
               Aksesibilitas   Telekomunikasi    dan                           Informasi (BAKTI).
               Informasi (BAKTI).

          b)   Perpanjangan fasilitas Treasury Line                       b)   Renewal of Treasury Line facility of
               sebesar USD 1.000.000 (dalam Dolar AS                           USD 1,000,000 (in full US Dollar) which is
               penuh) yang digunakan untuk melakukan                           used for hedging foreign currency
               hedging transaksi valuta asing yang terkait                     transactions related to the IPT’s operational
               dengan kegiatan operasional IPT. Jangka                         activities. The term of this facility is from
               waktu       fasilitas     ini      adalah                       December 9, 2022 – June 26, 2023 and can
               9 Desember 2022 – 26 Juni 2023 dan                              be renewed yearly.
               diperpanjang setiap tahun.

               Sampai dengan tanggal laporan keuangan                          As of the issuance date of these
               konsolidasian ini diterbitkan, IPT belum                        consolidated financial statements, IPT has
               menggunakan fasilitas kredit ini.                               not used this credit facility.




Draft/March 28, 2026                                         - 67 -                                                      paraf:
Page 312
PT MORA TELEMATIKA INDONESIA TBK                                               PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                  Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                    For the Years Ended
31 Desember 2025 dan 2024                                                                   December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                   (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                       unless Otherwise Stated)



      Seluruh fasilitas kredit dijamin dengan aset yang                  All credit facilities are secured by the assets financed
      dibiayai oleh fasilitas kredit investasi, piutang usaha            by the credit facility, trade receivables from
      dari Bowheer, gadai saham IPT atas nama                            customers, pledges of shares of IPT on
      Perusahaan dan PT Telematika Cahaya Global,                        behalf of the the Company and PT Telematika
      Corporate Guarantee dan Deficit Cash Flow                          Cahaya Global, corporate guarantee and deficit cash
      Guarantee dari PT Gema Lintas Benua dan                            flow guarantee from PT Gema Lintas Benua and
      Personal Guarantee dari Galumbang Menak.                           personal guarantee of Galumbang Menak.

      Pembatasan-pembatasan                                              Covenants

      Berdasarkan perjanjian tersebut, IPT diharuskan                    Based on the agreement, IPT is required to comply
      memenuhi beberapa persyaratan dan ketentuan,                       with several terms and conditions, including
      diantaranya mempertahankan rasio-rasio keuangan                    maintaining financial ratios as follows:
      sebagai berikut:

      -    Menghasilkan laba bersih;                                     -    Generate net income;
      -    Equity selalu positif;                                        -    Equity is always positive;
      -    Current ratio lebih dari 100%;                                -    Current ratio of more than 100%;
      -    Rasio Interest Bearing Debts (Net Debts)                      -    Interest Bearing Debts (Net Debts) to Earning
           dibanding Earning Before Interest Tax                              Before Interest Tax Depreciation and
           Depreciation and Amortization (EBITDA)                             Amortization (EBITDA) ratio is less than 4
           kurang dari 4 (empat) kali; dan                                    (four) times; and
      -    Debt Service Coverage Ratio (DSCR) lebih                      -    Debt Service Coverage Ratio (DSCR) of more
           dari 1,2 (satu koma dua) kali.                                     than 1.2 (one point two) times.

      Pada tanggal 31 Desember 2024, IPT telah                           As of December 31, 2024, IPT has complied with the
      mematuhi perjanjian umum dan rasio keuangan                        required general covenant and financial ratios.
      yang diwajibkan.

      Pada tanggal 1 Oktober 2025, IPT telah melunasi                    On October 1, 2025, IPT fully settled its investment
      seluruh fasilitas kredit investasi dari Bank Mandiri.              credit facility from Bank Mandiri.

      Pada tanggal 31 Desember 2025 dan 2024, seluruh                    As of December 31, 2025 and 2024, the total
      saldo utang pokok atas pinjaman Grup pada Bank                     outstanding balance of bank loans of the Group from
      Mandiri    adalah     masing-masing    sebesar                     Bank Mandiri amounted Rp 3,320,279 and
      Rp 3.320.279 dan Rp 3.133.962.                                     Rp 3,133,962, respectively.

      Pembayaran jumlah pokok pinjaman oleh Grup pada                    Total payments made by the Group for
      Bank Mandiri untuk tahun-tahun yang berakhir                       the loan principal to Bank Mandiri for the years ended
      31 Desember 2025 dan 2024 masing-masing                            December 31, 2025 and 2024 amounted to
      sebesar Rp 3.043.313 dan Rp 943.350.                               Rp 3,043,313 and Rp 943,350, respectively.

      Pada tahun 2025 dan 2024, suku bunga yang                          In 2025 and 2024, the interest rate is between 8.25%-
      dikenakan berkisar antara 8,25%-9,50% per tahun.                   9.50% per annum.

      Bunga pinjaman yang dibayarkan atas keseluruhan                    Total payment of interest expense on these loan
      fasilitas pinjaman ini sebesar Rp 277.461 dan                      facilities amounted to Rp 277,461 and Rp 247,223 for
      Rp 247.223 masing-masing untuk tahun-tahun yang                    the years ended December 31, 2025 and 2024,
      berakhir 31 Desember 2025 dan 2024 (Catatan 33                     respectively (Notes 33 and 13).
      dan 13).

      PT Bank Negara Indonesia (Persero) Tbk (BNI)                       PT Bank Negara Indonesia (Persero) Tbk (BNI)

      PT Palapa Timur Telematika (PTT) - Entitas Anak                    PT Palapa Timur Telematika (PTT) - a Subsidiary

      Berdasarkan Perjanjian Kredit dengan BNI tanggal                   Based on Credit Agreement withBNI dated March 16,
      16 Maret 2017, PTT memperoleh fasilitas kredit                     2017, PTT obtainedthe following credit facilities:
      sebagai berikut:




Draft/March 28, 2026                                            - 68 -                                                     paraf:
Page 313
PT MORA TELEMATIKA INDONESIA TBK                                                    PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                     AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                       Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                         For the Years Ended
31 Desember 2025 dan 2024                                                                        December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                        (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                            unless Otherwise Stated)



      a) Fasilitas Kredit Investasi Paket 1 dan 2                            a)   Investment Credit Facility package 1 and 2 (“KI
         (“KI paket 1 dan 2”) masing-masing                                       package 1 and 2”) amounting to Rp 2,075,800
         sebesar Rp 2.075.800 dan Rp 1.667.200 untuk                              and Rp 1,667,200, respectively, used to finance
         membiayai pembangunan jaringan Tulang                                    the construction of Backbone network of National
         Punggung (Backbone) Serat Optik Nasional                                 Fiber Optic East Package 1 which connected 35
         Paket Timur 1 yang menghubungkan 35                                      towns/cities in East Nusa Tenggara, Maluku,
         kabupaten/kota di Nusa Tenggara timur, Maluku,                           Papua and West Papua with length around 2,780
         Papua dan Papua Barat dengan panjang sekitar                             km (inland) and 4,670 km (submarine). The term
         2.780 km (inland) dan 4.670 km (submarine).                              of credit facilities is ten (10) years from the
         Jangka waktu fasilitas kredit adalah sepuluh (10)                        signing of the Credit Agreement (including grace
         tahun sejak penandatanganan Perjanjian Kredit                            period and availability period within two (2) years,
         (termasuk grace period dan availability period                           from March 16, 2017 until March 16, 2027).
         selama dua (2) tahun, yaitu sejak tanggal 16
         Maret 2017 sampai dengan 16 Maret 2027).

      b) Fasilitas Kredit Investasi - bunga dalam                            b)   Investment        Credit     Facility  –    Interest
         pembangunan (IDC) sebesar Rp 261.000 untuk                               During       Construction       (IDC)     amounting
         pembiayaan        bunga    untuk      kebutuhan                          Rp 261,000 used to finance the obligation for
         pembayaran kewajiban bunga selama masa                                   interest payment during construction. The term of
         konstruksi. Jangka waktu fasilitas kredit adalah                         credit facilities is ten (10) years from the signing
         sepuluh (10) tahun sejak penandatanganan                                 of the Credit Agreement (including grace period
         Perjanjian Kredit (termasuk grace period dan                             and availability period within two (2) years, from
         availability period selama dua (2) tahun, yaitu                          March 16, 2017 until March 16, 2027).
         sejak tanggal 16 Maret 2017 sampai dengan 16
         Maret 2027).

          Fasilitas ini dijamin dengan peralatan serat optik                      These facilities are secured by the equipment of
          dan infrastuktur sesuai perjanjian antara                               fiber optic and infrastructure as stated in an
          Kementerian Komunikasi dan Informatika                                  agreement between Ministry of Communications
          (Kominfo) dan PTT, tanah yang akan digunakan                            and Information Technology (Kominfo) and PTT,
          sebagai lokasi infrastruktur fiber optik milik PTT,                     land which used as infrastructure location of fiber
          tagihan termin selama masa sewa kredit 10                               optic owned by PTT, receivable during rental
          tahun antara antara Kementerian Komunikasi                              credit period for 10 years between Ministry of
          dan Informatika (Kominfo/BP3TI) dan PTT,                                Communication and Information Technology
          pembayaran klaim kepada PT Penjaminan                                   (Kominfo/BP3TI) and PTT, claim payments to PT
          Infrastruktur Indonesia (PII), gadai saham PTT                          Penjaminan Infrastruktur Indonesia (PII), pledges
          atas nama PT Infrastuktur Bisnis Sejahtera dan                          of shares of the PTT on behalf PT Infrastruktur
          Perusahaan, dan personal guarantee dari                                 Bisnis Sejahtera and the Company, and personal
          Galumbang Menak, pihak berelasi.                                        guarantee of Galumbang Menak, a related party.

      Pembatasan-pembatasan                                              Covenants

      Berdasarkan Surat BNI No. SSF/5.1/2072 tanggal                     Based on BNI Letter No. SSF/5.1/2072 dated August 21,
      21 Agustus 2024 terkait Penurunan Dana pada                        2024 related to the decrease of funds in the Debt Service
      Rekening Debt Service Reserve Account (DSRA)                       Reserve Account (DSRA) on behalf of the PTT, the
      atas nama PTT, para kreditur sindikasi menyetujui                  syndicated creditors approved the PTT’s request for a
      permohonan PTT untuk penurunan dana pada                           decrease in funds in the Company’s DSRA account from
      rekening DSRA PTT yang semula 3 (tiga) kali                        3 (three) principal and interest payments to 2 (two)
      pembayaran pokok dan bunga menjadi 2 (dua) kali                    principal and interest payments, so that the terms and
      pembayaran pokok dan bunga, sehingga                               conditions that must be met by the PTT are as follows:
      persyaratan dan ketentuan yang harus dipenuhi oleh
      PTT adalah sebagai berikut:

      -    Current ratio (di luar Bagian Lancar Utang                    -   Current ratio (exclude Current Portion Long Term
           Jangka Panjang) lebih dari 1 (satu) kali;                         Debts) of more than 1 (one) time;
      -    Debt to Equity Ratio (DER) kurang dari 220%;                  -   Debt to Equity Ratio (DER) less than 220%;
      -    Debt Service Coverage Ratio (DSCR) lebih dari                 -   Debt Service Coverage Ratio (DSCR) of more than
           100%;                                                             100%;
      -    Wajib mencadangkan biaya bunga dan pokok                      -   Required reserve current interest and principal cost;
           berjalan;




Draft/March 28, 2026                                            - 69 -                                                          paraf:
Page 314
PT MORA TELEMATIKA INDONESIA TBK                                              PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                               AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                 Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                   For the Years Ended
31 Desember 2025 dan 2024                                                                  December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                  (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                      unless Otherwise Stated)



      -     Wajib mencadangkan perkiraan kewajiban                  -   Required reserve estimated interest liabilities for the
            bunga untuk 2 (dua) bulan ke depan; dan                     next 2 (two) months; and
      -     Wajib mencadangkan dana berkenaan dengan                -   Required to reserve funds related to the granting of
            pemberian fasilitas kredit dengan perkiraan                 credit facility with an estimated interest obligation of
            kewajiban bunga untuk 2 (dua) kali                          2 (two) principal payment on all investment credit
            pembayaran pokok seluruh fasilitas kredit                   facilities in Debt Service Reserve Account (DSRA).
            investasi didalam rekening Debt Service
            Reserve Account (DSRA).

      Pembatasan atas perjanjian kredit PTT dengan BNI              The covenant for credit facility from BNI is that PTT not
      meliputi pengikatkan diri sebagai penjamin                    allowed to be debt guarantors/pledging assets to other
      utang/menjaminkan harta kekayaan kepada pihak                 parties and obtaining credit/loan facilities from other
      lain dan memperoleh fasilitas kredit/pinjaman dari            parties.
      pihak lain.

      Pada tanggal 31 Desember 2025 dan 2024, seluruh               As of December 31, 2025 and 2024, the total
      saldo utang pokok atas pinjaman Grup pada BNI                 outstanding loan of the Group from these facilities in BNI
      adalah masing-masing sebesar Rp 682.646 dan                   amounted to Rp 682,646 and Rp 1,228,622,
      Rp 1.228.622.                                                 respectively.

      Pembayaran pokok pinjaman oleh Grup pada BNI                  Total payments made by the Group for the principal loan
      untuk tahun-tahun yang berakhir 31 Desember 2025              balance of BNI for the years ended December 31, 2025
      dan 2024 masing-masing sebesar Rp 545.976 dan                 and 2024 amounted to Rp 545,976 and Rp 545,976,
      Rp 545.976.                                                   respectively.

      Pada tahun 2025 dan 2024, suku bunga yang                     In 2025 and 2024, the interest rate is 9.5% per annum.
      dikenakan berkisar antara 9,5 % per tahun.

      Bunga pinjaman yang dibayarkan atas keseluruhan               Total payment of interest expense on these loan facilities
      fasilitas pinjaman ini sebesar Rp 93.572 dan                  amounted to Rp 93,572 and Rp 147,249 for the years
      Rp 147.249 masing-masing pada tahun-tahun yang                ended December 31, 2025 and 2024, respectively
      berakhir 31 Desember 2025 dan 2024 (Catatan 33).              (Note 33).

                                                 2025                    2024

       Pembayaran jatuh tempo pada tahun:                                                Payments due in:
         2025                                             -                 1.446.552      2025
         2026                                       990.323                 1.277.082      2026
         2027                                       616.414                   808.086      2027
         2028                                       504.565                   540.116      2028
         2029                                       500.493                   268.366      2029
         2030                                       630.514                    22.382      2030
         2031                                       425.001                         -      2031
         2032                                       252.261                         -      2032
         2033                                        83.354                         -      2033
       Jumlah pembayaran pokok                     4.002.925                4.362.584    Total principal payment
       Provisi                                        (8.207)                 (20.382)   Provision
       Jumlah                                      3.994.718                4.342.202    Total
       Dikurang: Porsi jangka pendek                (985.962)              (1.437.211)   Less: Current portion
       Bagian utang jangka panjang yang akan                                             Long-term portion of lease
         jatuh tempo lebih dari satu tahun         3.008.756                2.904.991      liabilities - net of current portion




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Page 315
PT MORA TELEMATIKA INDONESIA TBK                                                                           PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                                            AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                              Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                For the Years Ended
31 Desember 2025 dan 2024                                                                                               December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                                               (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                                                   unless Otherwise Stated)



       Rincian biaya provisi yang belum diamortisasi untuk                                      Details of unamortized provision for overall bank
       keseluruhan     utang     bank    pada     tanggal                                       loans as of December 31, 2025 and 2024 are as
       31 Desember 2025 dan 2024 adalah sebagai                                                 follows:
       berikut:

                                                  1 Januari/                                                  31 Desember/
                                                  January 1,      Penambahan Provisi/      Amortisasi/        December 31,
                                                    2025           Additions provision    Amortization            2025

       Biaya provisi belum diamortisasi:                                                                                         Unamortized provision costs:
         PT Bank Mandiri (Persero) Tbk                   13.956                 5.608            (13.365)               6.199      PT Bank Mandiri (Persero) Tbk
         PT Bank Negara Indonesia (Persero) Tbk           6.426                     -             (4.418)               2.008      PT Bank Negara Indonesia (Persero) Tbk

       Jumlah                                            20.382                 5.608            (17.783)               8.207    Total


                                                  1 Januari/                                                  31 Desember/
                                                  January 1,      Penambahan Provisi/      Amortisasi/        December 31,
                                                    2024           Additions provision    Amortization            2024

       Biaya provisi belum diamortisasi:                                                                                         Unamortized provision costs:
         PT Bank Mandiri (Persero) Tbk                  12.802                  7.322             (6.168)              13.956      PT Bank Mandiri (Persero) Tbk
         PT Bank Negara Indonesia (Persero) Tbk         13.355                      -             (6.929)               6.426      PT Bank Negara Indonesia (Persero) Tbk

       Jumlah                                           26.157                  7.322            (13.097)              20.382    Total




 24.   Liabilitas Sewa                                                                   24.    Lease Liabilities

                                                                      2025                           2024

       PT Mizuho Leasing Indonesia Tbk                                            -                         12.192       PT Mizuho Leasing Indonesia Tbk
       PT BCA Finance                                                             -                             13       PT BCA Finance
       Lain-lain                                                             96.561                         66.540       Others

       Jumlah                                                                96.561                         78.745       Total


       Berikut adalah pembayaran sewa minimum masa                                              The following are the future minimum lease payments
       yang akan datang (future minimum lease payment)                                          based on the lease agreements:
       berdasarkan perjanjian sewa:

                                                                       2025                          2024

       Pembayaran jatuh tempo pada tahun:                                                                                 Payments due in:
         2025                                                                    -                          74.093          2025
         2026                                                                 36.098                         3.751          2026
         2027                                                                 29.255                           701          2027
         2028                                                                  7.543                           769          2028
         2029                                                                  3.381                           672          2029
         2030                                                                  3.382                           -            2030
         2031                                                                  3.383                           -            2031
         2032                                                                  3.385                           -            2032
         2033                                                                  3.386                           -            2033
         2034                                                                  3.388                           -            2034
         2035                                                                  3.390                           -            2035
         2036                                                                      18                          -            2036
       Jumlah pembayaran sewa minimum                                         96.609                        79.986        Total minimum lease liabilities
       Bunga                                                                     (48)                       (1.241)       Interest
       Nilai sekarang pembayaran                                                                                          Present value of minimum lease
         sewa minimum                                                         96.561                         78.745         liabilities
       Dikurang: Porsi jangka pendek                                         (36.050)                       (72.906)      Less: Current portion

       Bagian utang jangka panjang yang akan                                                                              Long-term portion of lease
         jatuh tempo lebih dari satu tahun                                    60.511                         5.839          liabilities - net of current portion




Draft/March 28, 2026                                                            - 71 -                                                                               paraf:
Page 316
PT MORA TELEMATIKA INDONESIA TBK                                            PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
31 Desember 2025 dan 2024                                                                December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                    unless Otherwise Stated)



      Pada tanggal 20 November 2020, Perusahaan                       On November 20, 2020, the Company entered into
      melakukan perjanjian sewa dengan PT Mizuho                      lease agreement with PT Mizuho Leasing Indonesia
      Leasing Indonesia Tbk atas perolehan fiber optik dan            Tbk for the acquisition of fiber optic and
      peralatan telekomunikasi. Liabilitas sewa berjangka             telecommunication equipment. This liability has terms
      waktu lima (5) tahun, dengan suku bunga efektif                 of five (5) years with effective interest rates at 10.5%
      10,5% per tahun (Catatan 13).                                   per annum (Note 13).

      Pada tanggal 1 Maret 2022, PT Indo Pratama                      On March 1, 2022, PT Indo Pratama Teleglobal, the
      Teleglobal, entitas anak, melakukan Perjanjian                  subsidiary, entered into lease agreement with
      sewa dengan PT BCA Finance atas perolehan                       PT BCA Finance for the acquisition of one (1) Unit
      satu (1) unit kendaraan. Liabilitas sewa berjangka              vehicle. This liability has term of three (3) years with
      waktu tiga (3) tahun, dengan suku Bunga efektif                 effective interest rates at 7.09% per annum which
      7,09% per tahun dan dijamin dengan aset yang                    collateralized with the related leased asset.
      disewa.

      Pada tahun 2025, liabilitas sewa kepada PT Mizuho               In 2025, the lease liabilitiies to PT Mizuho Leasing
      Leasing Indonesia Tbk dan PT BCA Finance telah                  Indonesia Tbk and PT BCA Finance have been
      dilunasi seluruhnya.                                            settled.

      Pembayaran pokok liabilitas sewa pada                           Payment of lease liabilities for the years ended
      tahun-tahun yang berakhir pada 31 Desember 2025                 December 31, 2025 and 2024 amounted to
      dan 2024 masing-masing sebesar Rp 12.205 dan                    Rp 12,205 and Rp 11,135, respectively.
      Rp 11.135.

      Beban bunga sewa lembaga pembiayaan adalah                      Financing       institution lease      interest
      sebesar Rp 598 dan Rp 1.819 masing-masing pada                  expense amounted to Rp 598 and Rp 1,819 for the
      tahun-tahun yang berakhir 31 Desember 2025 dan                  years ended December 31, 2025 and 2024,
      2024 (Catatan 33).                                              respectively (Note 33).

      Berikut adalah pembayaran sewa minimum masa                     The following are the future minimum lease payments
      yang akan datang (future minimum lease payment)                 based on the lease agreement between the Group
      berdasarkan perjanjian sewa antara Grup dan                     and PT Mizuho Leasing Indonesia Tbk and
      PT Mizuho Leasing Indonesia Tbk dan                             PT BCA Finance:
      PT BCA finance:

                                                   2025                2024

       Pembayaran jatuh tempo pada tahun:                                                Payments due in
         2025                                                -                12.909        2025
       Bunga                                                 -                  (704)    Interest
       Nilai sekarang pembayaran                                                         Present value of minimum lease
         sewa minimum                                        -                 12.205       liabilities
       Dikurang: Porsi jangka pendek                         -                (12.205)   Less: Current portion

       Bagian utang jangka panjang yang akan                                             Long-term portion of lease
         jatuh tempo lebih dari satu tahun                   -                    -        liabilities - net of current portion




Draft/March 28, 2026                                         - 72 -                                                               paraf:
Page 317
PT MORA TELEMATIKA INDONESIA TBK                                                                          PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                                           AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                             Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                               For the Years Ended
31 Desember 2025 dan 2024                                                                                              December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                                              (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                                                  unless Otherwise Stated)



 25.   Sukuk Ijarah                                                                           25.   Sukuk Ijarah

       Perincian sukuk ijarah adalah sebagai berikut:                                               The following are the details of sukuk ijarah:

                                                       Imbalan hasil
                       Seri/                        sukuk ijarah/Profit        Jatuh Tempo (Tahun)/     Nilai Nominal/
                      Series                      sharing of sukuk ijarah         Due Date (Year)       Nominal Value        2025              2024

       Seri B Tahap II/Series B Phase II                           48.375                5                       86.000                 -             86.000
       Seri B Tahap III/Series B Phase III                         31.584                5                       56.150                 -             56.150
       Seri B Tahap IV/Series B Phase IV                           16.995                5                       30.900              30.900           30.900
       Seri A Berkelanjutan II Tahap I
        /Series A Continuous 2 Phase I                            138.780                3                      462.600             462.600          462.600
       Seri B Berkelanjutan II Tahap I
        /Series B Continuous 2 Phase I                             14.273                5                       25.950              25.950           25.950
       Seri A Berkelanjutan II Tahap II
        /Series A Continuous 2 Phase II                            80.184                3                      267.280             267.280          267.280
       Seri B Berkelanjutan II Tahap II
        /Series B Continuous 2 Phase II                              6.793               5                       12.350              12.350           12.350

       Jumlah sukuk ijarah/Total outstanding sukuk ijarah                                                                           799.080          941.230
       Biaya provisi dan biaya transaksi yang belum diamortisasi Tahap II/
       Unamortized provision fee and transaction costs Phase II                                                                         -               (233)
       Biaya provisi dan biaya transaksi yang belum diamortisasi Tahap III/
       Unamortized provision fee and transaction costs Phase III                                                                        -               (192)
       Biaya provisi dan biaya transaksi yang belum diamortisasi Tahap IV/
       Unamortized provision fee and transaction costs Phase IV                                                                         (74)             (81)
       Biaya provisi dan biaya transaksi yang belum diamortisasi Berkelanjutan II Tahap I/
       Unamortized provision fee and transaction costs Continuous II Phase I                                                         (1.152)          (2.757)
       Biaya provisi dan biaya transaksi yang belum diamortisasi Berkelanjutan II Tahap II/
       Unamortized provision fee and transaction costs Continuous II Phase II                                                        (1.023)          (1.798)

       Jumlah - bersih/net                                                                                                          796.831          936.169
       Dikurangi bagian yang jatuh tempo dalam satu tahun/
       Less current portion                                                                                                         492.419          141.725
       Bagian sukuk ijarah yang akan jatuh tempo lebih dari satu tahun/
       Long-term portion of sukuk ijarah - net current portion                                                                      304.412          794.444


       Pada bulan Juli 2019, Perusahaan menerbitkan sukuk                                           In July 2019, the Company issued sustainable sukuk
       ijarah berkelanjutan I tahap I tahun 2019 dalam                                              ijarah I Phase I of 2019 in Rupiah amounting to
       Rupiah sebesar Rp 1.000.000 dengan cicilan imbalan                                            Rp 1,000,000, with fixed ijarah installments payable
       ijarah tetap dibayar setiap triwulanan. Jangka waktu                                         quarterly. The Series A bonds have a term of three
       Seri A adalah tiga (3) tahun dan jatuh tempo pada                                            (3) years until 2022 and the Series B bonds have a
       tahun 2022 dan jangka waktu obligasi Seri B adalah                                           term of five (5) years until 2024. All the bonds were
       lima (5) tahun dan jatuh tempo pada tahun 2024.                                              sold at its nominal value and are listed at the
       Seluruh sukuk ijarah dijual pada nilai nominal dan                                           Indonesia Stock Exchange with PT Bank KB
       tercatat di Bursa Efek Indonesia, dengan PT Bank KB                                          Indonesia Tbk (formerly PT Bank KB Bukopin Tbk) as
       Indonesia Tbk (dahulu PT Bank KB Bukopin Tbk)                                                trustee.
       sebagai wali amanat.

       Amortisasi sukuk ijarah adalah sebesar                                                       Amortization on sukuk ijarah amounted to
       nihil dan Rp 879 masing-masing untuk tahun-tahun                                             nil and Rp 879 for the years ended December 31,
       yang berakhir 31 Desember 2025 dan 2024, dan                                                 2025 and 2024, respectively, and were presented as
       disajikan sebagai bagian dari akun “Beban bunga                                              part of “Interest expense and financial charges” in
       dan keuangan” dalam laba rugi (Catatan 33).                                                  profit or loss (Note 33).

       Rencana penggunaan dana sukuk ijarah adalah                                                  Usage plan of obligation fund is used for (i) 85% for
       untuk (i) 85% akan digunakan untuk kebutuhan                                                 investment of backbone network construction
       investasi pembangunan jaringan backbone                                                      including passive and active devices and
       termasuk perangkat dan infrastruktur pasif dan aktif.                                        infrastructure. The proceds are also be used for the
       Dana tersebut juga akan digunakan untuk                                                      construction of Inland Cable, Ducting, and supporting
       pembangunan Inland Cable, Ducting, dan                                                       devices for active and passive infrastructure (ii) 15%
       perangkat penunjang baik aktif maupun pasif                                                  for working capital of the Company.
       infrastruktur (ii) 15% akan digunakan untuk
       kebutuhan modal kerja Perusahaan.




Draft/March 28, 2026                                                               - 73 -                                                              paraf:
Page 318
PT MORA TELEMATIKA INDONESIA TBK                                              PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                               AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                 Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                   For the Years Ended
31 Desember 2025 dan 2024                                                                  December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                  (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                      unless Otherwise Stated)



      Pada bulan Juli 2024, Perusahaan telah melunasi                   In July 2024, the Company has paid suistainable
      sukuk ijarah berkelanjutan I tahap I tahun 2019 Seri              sukuk ijarah I phase I of 2019 Series B in Rupiah
      B dalam Rupiah sebesar Rp 653.000.                                amounting to Rp 653,000.

      Pada bulan Agustus 2020, Perusahaan menerbitkan                   In August 2020, the Company issued Rupiah
      sukuk ijarah berkelanjutan I tahap II tahun 2020 dalam            amounting to Rp 277,000 sustainable sukuk ijarah I
      Rupiah sebesar Rp 277.000, dengan cicilan imbalan                 phase II of 2020, with fixed ijarah installment payable
      ijarah tetap dibayar setiap triwulanan. Jangka waktu              quarterly. The Series A bonds have a term of three
      Seri A adalah tiga (3) tahun dan jatuh tempo pada                 (3) years until 2023 and the Serie B bonds have a
      tahun 2023 dan jangka waktu obligasi Seri B adalah                term of five (5) years until 2025. All the bonds were
      lima (5) tahun dan jatuh tempo pada tahun 2025.                   sold at its nominal value and are listed at the
      Seluruh sukuk ijarah dijual pada nilai nominal dan                Indonesia Stock Exchange, with PT Bank KB
      tercatat di Bursa Efek Indonesia, dengan PT Bank KB               Indonesia Tbk (formerly PT Bank KB Bukopin Tbk) as
      Indonesia Tbk (dahulu PT Bank KB Bukopin Tbk)                     trustee.
      sebagai wali amanat.

      Amortisasi sukuk ijarah berkelanjutan I tahap II                  Amortization on sukuk ijarah I phase II amounted to
      adalah sebesar Rp 233 dan Rp 268 masing-masing                    Rp 233 and Rp 268 for the years ended
      untuk tahun-tahun yang berakhir yang berakhir                     December 31, 2025 and 2024, respectively, and were
      31 Desember 2025 dan 2024, dan disajikan                          presented as part of “Interest expense and financial
      sebagai bagian dari akun “Beban bunga dan                         charges” in profit or loss (Note 33).
      keuangan” dalam laba rugi (Catatan 33).

      Rencana penggunaan dana sukuk ijarah                              Usage plan of sukuk ijarah I phase II fund is used for
      berkelanjutan I tahap II adalah untuk (i) 90%                     (i) 90% for investment of backbone network
      digunakan      untuk     kebutuhan         investasi              construction and access including passive and active
      pembangunan jaringan backbone dan access                          devices and infrastructure. This also be used for the
      termasuk perangkat dan infrastruktur pasif dan aktif.             construction of Inland Cable, Ducting, and supporting
      Termasuk     juga    akan     digunakan       untuk               devices for active and passive in several islands in
      pembangunan Inland Cable, Ducting, dan                            Indonesia, it was used to increase the capacity of
      perangkat penunjang baik aktif maupun pasif di                    existing networks and addition new capacity (ii) 10%
      beberapa pulau di indonesia digunakan untuk                       for working capital of the Company.
      peningkatan kapasitas jaringan yang sudah ada
      maupun penambahan kapasitas baru (ii) 10%
      digunakan untuk kebutuhan modal kerja
      Perusahaan.

      Pada bulan Agustus 2025, Perusahaan telah                         In August 2025, the Company has paid the
      melakukan pelunasan sukuk ijarah berkelanjutan I                  sustainable sukuk ijarah I phase II of 2020 Series B
      tahap II tahun 2020 Seri B sebesar Rp 86.000.                     amounting to Rp 86,000.

      Pada bulan Oktober 2020, Perusahaan menerbitkan                   In October 2020, the Company issued Rupiah
      sukuk ijarah berkelanjutan I tahap III tahun 2020                 amounting to Rp 389,515 sustainable sukuk ijarah I
      dalam Rupiah sebesar Rp 389.515 dengan cicilan                    phase III of 2020, with fixed ijarah installment payable
      imbalan ijarah tetap dibayar setiap triwulanan. Jangka            quarterly. The Series A bonds have a term of three
      waktu Seri A adalah tiga (3) tahun dan jatuh tempo                (3) years until 2023 and the Serie B bonds have a
      pada tahun 2023 dan jangka waktu obligasi Seri B                  term of five (5) years until 2025. All the bonds were
      adalah lima (5) tahun dan jatuh tempo pada tahun                  sold at its nominal value and are listed
      2025. Seluruh sukuk ijarah dijual pada nilai nominal              at the Indonesia Stock Exchange, with PT Bank KB
      dan tercatat di Bursa Efek Indonesia, dengan                      Indonesia Tbk (formerly PT Bank KB Bukopin Tbk) as
      PT Bank KB Indonesia Tbk (dahulu PT Bank KB                       trustee.
      Bukopin Tbk) sebagai wali amanat.

      Amortisasi sukuk ijarah berkelanjutan I tahap III                 Amortization on sukuk ijarah I phase III amounted to
      adalah sebesar Rp 192 dan Rp 131 masing-masing                    Rp 192 and Rp 131 for the years ended
      untuk tahun-tahun yang berakhir 31 Desember                       December 31, 2025 and 2024, respectively, and were
      2025 dan 2024, dan disajikan sebagai bagian dari                  presented as part of “Interest expense and financial
      akun “Beban bunga dan keuangan” dalam laba rugi                   charges” in profit or loss (Note 33).
      (Catatan 33).




Draft/March 28, 2026                                           - 74 -                                                     paraf:
Page 319
PT MORA TELEMATIKA INDONESIA TBK                                             PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                              AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                  For the Years Ended
31 Desember 2025 dan 2024                                                                 December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                 (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                     unless Otherwise Stated)



      Rencana penggunaan dana sukuk ijarah                             Usage plan of sukuk ijarah I phase III fund is used for
      berkelanjutan I tahap III adalah untuk (i) 75%                   (i) 75% for refinancing Obligation Moratelindo 2017
      digunakan untuk refinancing Obilgasi I Moratelindo               Series A (ii) 25% for investment of backbone network
      Tahun 2017 Seri A (ii) 25% untuk kebutuhan                       construction and access including passive and active
      investasi pembangunan jaringan backbone dan                      devices and infrastructure. This also be used for the
      access termasuk perangkat dan infrastruktur pasif                construction of Inland Cable, Ducting, and supporting
      dan aktif. Termasuk juga akan digunakan untuk                    devices for active and passive in several islands in
      pembangunan Inland Cable, Ducting, dan                           Indonesia, it was used to increase the capacity of
      perangkat penunjang baik aktif maupun pasif di                   existing networks and addition new capacity.
      beberapa pulau di indonesia digunakan untuk
      peningkatan kapasitas jaringan yang sudah ada
      maupun penambahan kapasitas baru.

      Pada bulan Oktober 2025, Perusahaan telah                        In October 2025, the Company fully settled the 2022
      melunasi sukuk ijarah tahap III tahun 2022 Seri B                Phase III Sukuk Ijarah Series B in Rupiah amounting
      dalam Rupiah sebesar Rp 56.150.                                  to Rp 56,150.

      Pada bulan Mei 2021, Perusahaan menerbitkan                      In May 2021, the Company issued Rupiah amounting
      sukuk ijarah berkelanjutan I tahap IV tahun 2021                 to Rp 500,000 sustainable sukuk ijarah I phase IV of
      dalam Rupiah sebesar Rp 500.000 dengan cicilan                   2021, with fixed ijarah installment payable quarterly.
      imbalan ijarah tetap dibayar setiap triwulanan.                  The Series A bonds have a term of three (3) years
      Jangka waktu Seri A adalah tiga (3) tahun dan jatuh              until 2024 and the Serie B bonds have a term of five
      tempo pada tahun 2024 dan jangka waktu obligasi                  (5) years until 2026. All the bonds were sold at its
      Seri B adalah lima (5) tahun dan jatuh tempo pada                nominal value and are listed at the Indonesia Stock
      tahun 2026. Seluruh sukuk ijarah dijual pada nilai               Exchange, with PT Bank KB Indonesia Tbk (formerly
      nominal dan tercatat di Bursa Efek Indonesia,                    PT Bank KB Bukopin Tbk) as trustee.
      dengan PT Bank KB Indonesia Tbk (dahulu PT Bank
      KB Bukopin Tbk) sebagai wali amanat.

      Amortisasi sukuk ijarah berkelanjutan I tahap IV                 Amortization on sukuk ijarah I phase IV amounted to
      adalah sebesar Rp 127 dan Rp 800 masing-masing                   Rp 127 and Rp 800 for the years ended
      untuk tahun-tahun yang berakhir 31 Desember                      December 31, 2025 and 2024, respectively, and were
      2025 and 2024, dan disajikan sebagai bagian dari                 presented as part of “Interest expense and financial
      akun “Beban bunga dan keuangan” dalam laba rugi                  charges” in profit or loss (Note 33).
      (Catatan 33).

      Rencana penggunaan dana sukuk ijarah                             Usage plan of sukuk ijarah I phase IV fund is used for
      berkelanjutan I tahap IV adalah untuk (i) 80%                    (i) 80% for investment of backbone network
      digunakan      untuk     kebutuhan         investasi             construction and access including passive and active
      pembangunan jaringan backbone dan access                         devices and infrastructure. This also be used for the
      termasuk perangkat dan infrastruktur pasif dan aktif.            construction of Inland Cable, Ducting, and supporting
      Termasuk     juga    akan     digunakan       untuk              devices for active and passive in several islands in
      pembangunan Inland Cable, Ducting, dan                           Indonesia, it was used to increase the capacity of
      perangkat penunjang baik aktif maupun pasif di                   existing networks and addition new capacity and
      beberapa pulau di indonesia digunakan untuk                      (ii) 20% for capital expenditure.
      peningkatan kapasitas jaringan yang sudah ada
      maupun penambahan kapasitas baru (ii) 20% untuk
      untuk modal kerja.

      Pada bulan Mei 2024, Perusahaan telah melakukan                  In May 2024, the Company has paid the sustainable
      pembayaran sukuk ijarah berkelanjutan I tahap IV                 sukuk ijarah I phase IV of 2021 Series A amounting
      tahun 2021 Seri A sebesar Rp 469.100.                            to Rp 469,100.




Draft/March 28, 2026                                          - 75 -                                                    paraf:
Page 320
PT MORA TELEMATIKA INDONESIA TBK                                                PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                 AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                   Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                     For the Years Ended
31 Desember 2025 dan 2024                                                                    December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                    (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                        unless Otherwise Stated)


      Pada bulan Juli 2023, Perusahaan menerbitkan                        In July 2023, the Company issued sustainable Sukuk
      sukuk ijarah berkelanjutan II tahap I tahun 2023                    Ijarah II Phase I year 2023 with maximum value
      dengan nilai maksimal Rp 3.000.000 dan dana yang                    Rp 3,000,000 and the fund have been collected
      telah terhimpun sebesar Rp 488.550 dengan cicilan                   amounting to Rp 488,550, with fixed ijarah
      imbalan ijarah tetap dibayar setiap triwulanan.                     installments payable quarterly. Series A have a term
      Jangka waktu Seri A adalah tiga (3) tahun dengan                    of three (3) years with 95% from total amount until
      jumlah 95% yang jatuh tempo pada tahun 2026 dan                     2026 and the Series B bonds have a term of five (5)
      jangka waktu Seri B adalah lima (5) tahun dengan                    years with 5% until 2028. All the bonds were sold at
      jumlah 5% dengan tempo pada tahun 2028.                             its nominal value and are listed at the Indonesia
      Seluruh sukuk ijarah dijual pada nilai nominal dan                  Stock Exchange, with PT Bank KB Indonesia Tbk
      tercatat di Bursa Efek Indonesia, dengan PT Bank                    (formerly PT Bank KB Bukopin Tbk) as trustee.
      KB Indonesia Tbk (dahulu PT Bank KB Bukopin Tbk)
      sebagai wali amanat.

      Amortisasi sukuk ijarah berkelanjutan II tahap I                    Amortization on sukuk ijarah II phase I amounted to
      adalah sebesar Rp 1.725 dan Rp 1.647 masing-                        Rp 1,725 and Rp 1,647 for the years ended
      masing untuk tahun-tahun yang berakhir                              December 31, 2025 and 2024, respectively, and were
      31 Desember 2025 dan 2024, dan disajikan                            presented as part of “Interest expense and financial
      sebagai bagian dari akun “Beban bunga dan                           charges” in profit or loss (Note 33).
      keuangan” dalam laba rugi (Catatan 33).

      Rencana penggunaan dana sukuk ijarah                                Usage plan of Sukuk Ijarah II Phase I year 2023 fund
      berkelanjutan II tahap I tahun 2023 adalah untuk                    is used for (i) 36% for refinancing (ii) 57% for
      (i) 36% digunakan untuk refinancing (ii) 57%                        investment of backbone network construction
      digunakan       untuk      kebutuhan     investasi                  including passive and active devices and
      pembangunan jaringan backbone termasuk                              infrastructure. The proceds are also be used for the
      perangkat dan infrastruktur pasif dan aktif. Dana                   construction of Inland Cable, Ducting, and supporting
      tersebut juga akan digunakan untuk pembangunan                      devices for active and passive infrastructure (iii) 7%
      Inland Cable, Ducting, dan perangkat penunjang                      for working capital of the Company.
      baik aktif maupun pasif infrastruktur (iii) 7%
      digunakan untuk kebutuhan modal kerja
      Perusahaan.

      Pada bulan Januari 2024, Perusahaan menerbitkan                     In January 2024, the Company issued Rupiah
      sukuk ijarah berkelanjutan II tahap II tahun 2024                   amounting to Rp 279,630 sustainable Sukuk Ijarah II
      dalam rupiah sebesar sebesar Rp 279.630 dengan                      Phase II of 2024, with fixed ijarah installments
      cicilan imbalan ijarah tetap dibayar setiap                         payable quarterly. Series A have a term of three (3)
      triwulanan. Jangka waktu Seri A adalah tiga (3)                     years with 96% from total amount until 2027 and the
      tahun dengan jumlah 96% yang jatuh tempo pada                       Series B bonds have a term of five (5) years with 4%
      tahun 2027 dan jangka waktu Seri B adalah lima (5)                  until 2029. All the bonds were sold at its nominal
      tahun dengan jumlah 4% dengan tempo pada tahun                      value and are listed at the Indonesia Stock
      2029. Seluruh sukuk ijarah dijual pada nilai nominal                Exchange, with PT Bank KB Indonesia Tbk (formerly
      dan tercatat di Bursa Efek Indonesia, dengan PT                     PT Bank KB Bukopin Tbk) as trustee.
      Bank KB Indonesia Tbk (dahulu PT Bank KB Bukopin
      Tbk) sebagai wali amanat.

      Amortisasi sukuk ijarah berkelanjutan II tahap II adalah            Amortization on sukuk ijarah II phase II amounted to
      sebesar Rp 894 dan Rp 762 pada tahun-tahun yang                     Rp 894 and Rp 762 for the years ended
      berakhir 31 Desember 2025 dan 2024, dan disajikan                   December 31, 2025 and 2024, respectively, and were
      sebagai bagian dari akun “Beban bunga dan                           presented as part of “Interest expense and financial
      keuangan” dalam laba rugi (Catatan 33).                             charges” in profit or loss (Note 33).

      Rencana penggunaan dana sukuk ijarah                                Usage plan of Sukuk Ijarah II Phase II year 2024 fund
      berkelanjutan II tahap II tahun 2024 adalah untuk                   is used for (i) 49% for refinancing (ii) 51% for
      (i) 49% digunakan untuk refinancing (ii) 51%                        investment of backbone network construction
      digunakan       untuk       kebutuhan     investasi                 including passive and active devices and
      pembangunan jaringan backbone termasuk                              infrastructure. The proceds are also be used for the
      perangkat dan infrastruktur pasif dan aktif. Dana                   construction of Inland Cable, Ducting, and supporting
      tersebut juga akan digunakan untuk pembangunan                      devices for active and passive infrastructure (iii) for
      Inland Cable, Ducting, dan perangkat penunjang                      working capital of the Company.
      baik aktif maupun pasif infrastruktur (iii) akan
      digunakan untuk kebutuhan modal kerja
      Perusahaan.).


Draft/March 28, 2026                                             - 76 -                                                    paraf:
Page 321
PT MORA TELEMATIKA INDONESIA TBK                                                                                                            PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                                                                             AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                                                 For the Years Ended
31 Desember 2025 dan 2024                                                                                                                                December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                                                                                (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                                                                                    unless Otherwise Stated)



         Pada tanggal 31 Desember 2025 dan 2024,                                                                                  As of December 31, 2025 and 2024, based on the
         peringkat sukuk ijarah Perusahaan yang dibuat oleh                                                                       rating issued by PT Pemeringkat Efek Indonesia, the
         PT Pemeringkat Efek Indonesia adalah A+ (sy).                                                                            sukuk ijarah are rated is A+ (sy).

         Jadwal pembayaran pokok di masa yang akan                                                                                The future scheduled principal payments of the sukuk
         datang atas saldo sukuk ijarah pada tanggal                                                                              ijarah outstanding as of December 31, 2025 are as
         31 Desember 2025 adalah sebagai berikut:                                                                                 follows:
                                                                                                                    2026                      2027                 2028                  2029              Jumlah/Total

         Sukuk Ijarah Berkelanjutan 1 Moratelindo Tahap IV Tahun 2020 Seri B                                            30.900                         -                       -                     -               30.900
         Sukuk Ijarah Berkelanjutan 1 Moratelindo Berkelanjutan 2 Tahap I Tahun 2023 Seri A                            462.600                         -                       -                     -              462.600
         Sukuk Ijarah Berkelanjutan 1 Moratelindo Berkelanjutan 2 Tahap I Tahun 2023 Seri B                                  -                         -                  25.950                     -               25.950
         Sukuk Ijarah Berkelanjutan 1 Moratelindo Berkelanjutan 2 Tahap II Tahun 2024 Seri A                                 -                   267.280                       -                     -              267.280
         Sukuk Ijarah Berkelanjutan 1 Moratelindo Berkelanjutan 2 Tahap II Tahun 2024 Seri B                                 -                         -                       -                12.350               12.350

                                                                                                                       493.500                   267.280                  25.950                12.350              799.080




 26.    Penilaian Nilai Wajar                                                                                         26.         Fair Value Measurement

         Tabel berikut menyajikan pengukuran nilai wajar                                                                          The following table provides the fair value
         aset dan liabilitas tertentu Grup:                                                                                       measurement of the Group’s certain assets and
                                                                                                                                  liabilities:
                                                                                                                 2025
                                                                                                            Pengukuran nilai wajar menggunakan:/
                                                                                                               Fair value measurement using:
                                                                                                                                            Input signifikan
                                                                                                                                              yang tidak
                                                                                                                        Input signifikan          dapat
                                                                                                Harga kuotasian           yang dapat          diobservasi
                                                                                                dalam pasar aktif/       di observasi          (Level 3)/
                                                                                                    (Level 1)/             (Level 2)/         Significant
                                                                                                 Quoted prices            Significant        unobservable
                                                                       Nilai Tercatat/         in active markets      observable inputs          inputs
                                                                      Carrying Values               (Level 1)              (Level 2)           (Level 3)

            Aset yang diukur pada nilai wajar:                                                                                                                       Assets measured at fair value:
             Aset tetap dengan model revaluasi                                                                                                                        Revalued property and equipment
               Bangunan                                                         206.582                         -                  206.582                     -        Buildings
               Perangkat dan perabot kantor                                      57.806                         -                   57.806                     -        Office fumiture and fixtures
               Peralatan telekomunikasi                                       6.597.971                         -                6.597.971                     -        Telecommunication facilities
               Kendaraan                                                         18.874                         -                   18.874                     -        Vehicles

            Liabilitas yang nilai wajarnya disajikan                                                                                                                 Liabilities for which fair values are disclosed:
              Pinjaman dan utang dengan bunga                                                                                                                          Interest-bearing loans and borrowings:
                Utang bank (bagian jangka pendek dan                                                                                                                     Bank loans (including current
                  bagian jangka panjang)                                      3.994.718                         -                3.994.718                     -           and noncurrent portion)
                Sukuk Ijarah (bagian jangka pendek dan                                                                                                                   Sukuk Ijarah (including current
                  bagian jangka panjang)                                        796.831                 787.831                           -                    -           and noncurrent portion)
                Utang non-bank (bagian jangka pendek dan                                                                                                                 Non-bank loans (including current
                  bagian jangka panjang)                                        457.233                         -                 457.233                      -           and noncurrent portion)

                                                                                                           2024
                                                                                                      Pengukuran nilai wajar menggunakan:/
                                                                                                         Fair value measurement using:
                                                                                                                                      Input signifikan
                                                                                                                                        yang tidak
                                                                                                                  Input signifikan          dapat
                                                                                          Harga kuotasian           yang dapat          diobservasi
                                                                                          dalam pasar aktif/       di observasi          (Level 3)/
                                                                                              (Level 1)/             (Level 2)/         Significant
                                                                                           Quoted prices            Significant        unobservable
                                                                  Nilai Tercatat/        in active markets      observable inputs          inputs
                                                                Carrying Values               (Level 1)              (Level 2)           (Level 3)

       Aset yang diukur pada nilai wajar:                                                                                                                          Assets measured at fair value:
        Aset tetap dengan model revaluasi                                                                                                                           Revalued property and equipment
          Bangunan                                                         133.673                          -                133.673                       -          Buildings
          Perangkat dan perabot kantor                                      44.053                          -                 44.053                       -          Office fumiture and fixtures
          Peralatan telekomunikasi                                       6.384.663                          -              6.384.663                       -          Telecommunication facilities
          Kendaraan                                                         25.581                          -                 25.581                       -          Vehicles

       Liabilitas yang nilai wajarnya disajikan                                                                                                                    Liabilities for which fair values are disclosed:
         Pinjaman dan utang dengan bunga                                                                                                                             Interest-bearing loans and borrowings:
           Utang bank (bagian jangka pendek dan                                                                                                                        Bank loans (including current
             bagian jangka panjang)                                      4.342.202                          -              4.342.202                       -             and noncurrent portion)
           Sukuk ijarah (bagian jangka pendek dan                                                                                                                      Sukuk ijarah (including current
             bagian jangka panjang)                                        936.169                  977.433                           -                    -             and noncurrent portion)
           Liabilitas sewa (bagian jangka pendek dan                                                                                                                   Lease liabilities (including current
             bagian jangka panjang)                                         12.205                         -                     12.205                    -             and noncurrent portion)
           Utang non-bank (bagian jangka pendek dan                                                                                                                    Non-bank loans (including current
             bagian jangka panjang)                                        388.265                         -                 388.265                       -             and noncurrent portion)




Draft/March 28, 2026                                                                                       - 77 -                                                                                                       paraf:
Page 322
PT MORA TELEMATIKA INDONESIA TBK                                           PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                            AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                              Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                For the Years Ended
31 Desember 2025 dan 2024                                                               December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                               (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                   unless Otherwise Stated)



      Hirarki Nilai Wajar                                            Fair Value Hierarchy

      Nilai    wajar      instrumen    keuangan     yang             The fair value of financial instruments traded in active
      diperdagangkan di pasar aktif adalah berdasarkan               markets is based on quoted market prices at the
      kuotasi harga pasar pada tanggal pelaporan. Pasar              reporting date. A market is regarded as active if
      dianggap aktif apabila kuotasi harga tersedia                  quoted prices are readily and regularly available from
      sewaktu-waktu dan dapat diperoleh secara rutin                 an exchange, dealer or broker, industry group pricing
      dari bursa, pedagang efek atau perantara efek,                 service, or regulatory agency, and those prices
      badan penyedia jasa penentuan harga kelompok                   represent actual and regularly occurring market
      industri atau badan pengatur, dan harga tersebut               transaction on an arm’s lengths basis. The quoted
      mencerminkan transaksi pasar yang aktual dan                   market price used for financial assets held by the
      rutin dalam suatu transaksi yang wajar. Kuotasi                Group is the current bid price. These instruments are
      harga pasar yang digunakan untuk aset keuangan                 included in Level 1. The fair value of sukuk ijarah is
      yang dimiliki oleh Grup adalah harga penawaran                 measured based on quoted market price published
      (bid price) terkini. Instrumen keuangan seperti ini            as of December 31, 2025 and 2024.
      termasuk dalam hirarki Level 1. Nilai wajar sukuk
      ijarah dana diukur berdasarkan kuotasi harga pasar
      terakhir yang dipublikasikan pada tanggal
      31 Desember 2025 dan 2024.

      Nilai wajar instrumen keuangan yang tidak                      The fair value of financial instruments that are not
      diperdagangkan di pasar aktif ditentukan                       traded in an active market is determined by using
      menggunakan teknik penilaian. Teknik penilaian ini             valuation techniques. These valuation techniques
      memaksimalkan penggunaan data pasar yang                       maximize the use of observable market data where it
      dapat diobservasi yang tersedia dan sesedikit                  is available and rely as little as possible on entity’s
      mungkin mengandalkan estimasi spesifik yang                    specific estimates. If all significant inputs required to
      dibuat oleh entitas. Jika seluruh input signifikan             fair value an instrument are observable, the
      yang dibutuhkan untuk menentukan nilai wajar                   instrument is included in Level 2.
      dapat diobservasi, maka instrumen tersebut
      termasuk dalam hirarki Level 2.

      Jika satu atau lebih input signifikan tidak diambil            If one or more of the significant inputs is not based on
      dari data pasar yang dapat diobservasi, maka                   observable market data, the instrument is included in
      instrumen tersebut termasuk dalam hirarki                      Level 3.
      level 3.

      Teknik penilaian spesifik yang digunakan untuk                 Specific valuation techniques used to value financial
      menentukan nilai wajar instrumen keuangan seperti              instruments such as discounted cash flow analysis,
      analisa arus kas diskonto, digunakan untuk                     are used to determine fair value of the financial
      menentukan nilai wajar instrumen keuangan.                     instruments.

      Pengukuran nilai wajar berulang aset non keuangan              The fair value measurement for recurring non-
      termasuk dalam Level 2 hirarki nilai wajar                     financial assets falls within level 2 of the fair value
      sebagaimana dijelaskan pada Catatan 2.                         hierarchy outlined in Note 2.

      Informasi tentang pengukuran nilai wajar yang                  The information about fair value measurements using
      menggunakan input signifikan yang tidak dapat                  significant unobservable inputs (Level 2) is market
      diobservasi (Level 2) adalah pendekatan harga                  comparable approach for building, office furniture and
      pasar pembanding untuk bangunan, perangkat dan                 fixtures, telecommunication facilities and vehicles.
      perabot kantor, peralatan telekomunikasi dan
      kendaraan.

      Seluruh aset dimanfaatkan pada penggunaan                      All assets are based on their highest and best use.
      tertinggi dan terbaiknya.

      Aset-aset tertentu telah dinilai oleh penilai                  These assets has been valued by independent
      independen sebagaimana diungkapkan pada                        valuers as mentioned in Note 13.
      Catatan 13.




Draft/March 28, 2026                                        - 78 -                                                      paraf:
Page 323
PT MORA TELEMATIKA INDONESIA TBK                                                  PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                   AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                     Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                       For the Years Ended
31 Desember 2025 dan 2024                                                                      December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                      (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                          unless Otherwise Stated)



 27.   Modal Saham                                                    27.   Capital Stock

       Susunan pemegang saham Perusahaan pada                               The composition of the Company’s stockholders as of
       tanggal 31 Desember 2025 dan 2024, berdasarkan                       December 31, 2025 and 2024, based on the record
       catatan yang dibuat oleh PT Sinartama Gunita, Biro                   of PT Sinartama Gunita, share’s registrar, follows:
       Administrasi Efek, adalah sebagai berikut:

                                                                2025
                                           Jumlah            Persentase          Jumlah
                                           Saham/           Kepemilikan/          Total/
                                          Number of         Percentage of        Paid-up
       Pemegang Saham                      Shares            Ownership         Capital Stock      Name of Stockholder
                                                                 %                  Rp

       PT Candrakarya Multikreasi           8.510.884.260      35,992                   851.088   PT Candrakarya Multikreasi

       PT Gema Lintas Benua                 7.135.484.421      30,175                   713.549   PT Gema Lintas Benua

       Masyarakat                           8.000.300.010      33,833                   800.030   Public

       Jumlah                              23.646.668.691      100,00                 2.364.667   Total

       Pada tanggal 27 November 2025, PT Candra Karya                       On November 27, 2025, PT Candra Karya Multikreasi
       Multikreasi menjual saham Perusahaan yang                            sold its 1,143,000,000 shares in the Company and on
       dimilikinya sebanyak 1.143.000.000 lembar saham,                     December 5, 2025, PT XLSMART Telecom Sejahtera
       dan pada tanggal 5 Desember 2025, PT XLSMART                         Tbk (formerly PT Smart Telecom) sold all of its
       Telecom Sejahtera Tbk (sebelumnya PT Smart                           shares in the Company, totaling to 4,331,835,710
       Telecom) menjual seluruh saham Perusahaan yang                       shares.
       dimilikinya sebanyak 4.331.835.710 lembar saham.

                                                                2024
                                           Jumlah            Persentase          Jumlah
                                           Saham/           Kepemilikan/          Total/
                                          Number of         Percentage of        Paid-up
       Pemegang Saham                      Shares            Ownership         Capital Stock      Name of Stockholder
                                                                 %                  Rp

       PT Candrakarya Multikreasi           9.653.884.260      40,826                   965.388   PT Candrakarya Multikreasi

       PT Gema Lintas Benua                 7.135.484.421      30,175                   713.549   PT Gema Lintas Benua

       PT XLSMART Telecom Sejahtera Tbk                                                           PT XLSMART Telecom Sejahtera Tbk
        (dahulu PT Smart Telecom)           4.331.835.710      18,319                   433.184    (formerly PT Smart Telecom)

       Masyarakat                           2.525.464.300      10,680                   252.546   Public

       Jumlah                              23.646.668.691      100,00                 2.364.667   Total



       Manajemen Permodalan                                                 Capital Management

       Tujuan utama dari pengelolaan modal Grup adalah                      The primary objective of Group’s capital
       untuk memastikan bahwa Grup mempertahankan                           management is to ensure that it maintains healthy
       rasio modal yang sehat dalam rangka mendukung                        capital ratios in order to support its business and
       bisnis dan memaksimalkan nilai pemegang saham.                       maximize shareholder value.

       Grup mengelola struktur modal dan membuat                            The Group manages its capital structure and makes
       penyesuaian terhadap struktur modal sehubungan                       adjustments to it, in light of changes in economic
       dengan perubahan kondisi ekonomi. Grup                               conditions. The Group monitors its capital using debt
       memantau modalnya dengan menggunakan analisa                         to equity ratio, by dividing net debt with the total
       rasio utang terhadap modal, yakni membagi utang                      equity.
       bersih terhadap jumlah modal.




Draft/March 28, 2026                                         - 79 -                                                            paraf:
Page 324
PT MORA TELEMATIKA INDONESIA TBK                                                                         PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                                          AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                            Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                              For the Years Ended
31 Desember 2025 dan 2024                                                                                             December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                                             (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                                                 unless Otherwise Stated)



       Rasio utang bersih terhadap ekuitas pada tanggal                                       Ratio of    net   debt   to     equity                        as       of
       31 Desember 2025 dan 2024 adalah sebagai                                               December 31, 2025 and 2024 follows:
       berikut:

                                                               2025                           2024

       Jumlah pinjaman                                            5.248.782                      5.678.841             Total borrowings
       Dikurangi: kas dan setara kas                              1.365.807                      1.819.585             Less: cash and cash equivalents

       Utang bersih                                               3.882.975                      3.859.257             Net debt

       Jumlah ekuitas                                             7.914.130                      7.390.238             Total equity

       Rasio utang bersih terhadap ekuitas                   49,06%                          52,22%                    Net debt to equity



 28.   Tambahan Modal Disetor                                                          28.   Additional Paid-in Capital

       Akun ini merupakan tambahan modal disetor                                              This account represents additional paid-in capital in
       sehubungan dengan:                                                                     connection with the following:

                                                               2025                           2024

                                                                                                                        Difference in value of restructuring
       Selisih nilai transaksi restrukturisasi                                                                           transactions among entities under
         entitas pengendali                                            (5.551)                          (5.551)          common control
       Penambahan dari program
         pengampunan pajak                                              3.021                            3.021          Additional from tax amnesty program
       Agio sebagai hasil                                                                                               Premium on stock from
         penawaran umum perdana saham                               747.538                          747.538              stock initial public offering
       Beban emisi saham                                            (18.772)                         (18.772)           Stock issuance cost

       Saldo akhir                                                  726.236                          726.236            Ending balance



       Tambahan modal disetor sebesar Rp 5.551                                                Additional paid in capital amounting to
       merupakan selisih antara jumlah imbalan yang                                           Rp 5,551 represents the difference between the
       dialihkan dan nilai tercatat investasi di PT Indo                                      consideration transferred and the carrying amount of
       Pratama Teleglobal, yang diakuisisi dari entitas                                       investment in PT Indo Pratama Teleglobal, an
       sepengendali.                                                                          associate acquired from an entity under common
                                                                                              control.

       Agio atas nilai nominal saham dari penawaran                                           Premium on stock from stock initial public offering’s
       umum saham perdana Perusahaan sebesar                                                  the Company amounted Rp 747,538 with stock
       Rp 747.538 dengan beban emisi saham sebesar                                            issuance cost Rp 18,772.
       Rp 18.772.


 29.   Kepentingan Nonpengendali                                                       29.   Non-Controling Interest

       Akun ini merupakan bagian kepemilikan                                                  This account represents the share of non-controlling
       nonpengendali atas aset bersih entitas anak,                                           stockholders on the net assets of the subsidiaries,
       dengan rincian sebagai berikut:                                                        with details as follows:

                                                                                                       2025
                                                                                                                Penghasilan
                                                                                      Laba (rugi)             komprehensif lain/
                                                                                   tahun berjalan/                 Other
              Entitas Anak/             Modal Saham/         Saldo Laba/             Profit (loss)             comprehensive           Dividen/           Jumlah/
               Subsidiary               Capital Stock     Retained Earnings          for the year                 Income              Dividends            Total

       PT Palapa Ring Barat                       1.100               4.822                    1.038                          (2)             (1.254)            5.704
       PT Oxygen Multimedia Indonesia                 1                  74                       (3)                          -                   -                72
       PT Palapa Timur Telematika                 3.300             507.509                   91.006                        (228)                  -           601.587
       PT Indo Pratama Teleglobal                 3.924              82.861                  (24.678)                       (144)                  -            61.963

       Jumlah/Total                               8.325             595.266                   67.363                        (374)             (1.254)          669.326
                                                                                                                                                         84.289.355.641




Draft/March 28, 2026                                                          - 80 -                                                                             paraf:
Page 325
PT MORA TELEMATIKA INDONESIA TBK                                                                       PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                                        AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                            For the Years Ended
31 Desember 2025 dan 2024                                                                                           December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                                           (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                                               unless Otherwise Stated)


                                                                                                     2024
                                                                                                              Penghasilan
                                                                                      Laba (rugi)           komprehensif lain/
                                                                                   tahun berjalan/               Other
              Entitas Anak/              Modal Saham/         Saldo Laba/            Profit (loss)           comprehensive        Dividen/            Jumlah/
               Subsidiary                Capital Stock     Retained Earnings         for the year               Income           Dividends             Total

       PT Palapa Ring Barat                        1.100                4.926                  (105)                         1                 -            5.922
       PT Oxygen Multimedia Indonesia                  1                   96                   (10)                         -               (12)              75
       PT Palapa Timur Telematika                  3.300              492.775                14.625                        109                 -          510.809
       PT Indo Pratama Teleglobal                  3.924               75.371                 2.586                      4.904                 -           86.785

       Jumlah/Total                                8.325              573.168                17.096                      5.014               (12)         603.591
                                                                                                                                                    84.289.355.641


 30.   Pendapatan                                                                  30.    Revenues

                                                               2025                        2024
       Pendapatan dari kontrak dengan pelanggan                                                                 Revenues from contracts with customers
         Penyelenggaraan telekomunikasi                                                                          Telecommunication operations
           Internet                                              1.253.217                   1.158.870             Internet
           Jaringan domestik                                     1.022.495                     987.313             Domestic link
           Jaringan internasional                                  370.904                     301.983             International link
           VSAT                                                    137.894                     502.399             VSAT
         SubJumlah                                               2.784.510                   2.950.565          Subtotal

       Non- penyelenggaraan telekomunikasi                                                                      Non-telecommunication operations
        Pendapatan dari proyek konsesi                           1.053.623                      881.735          Revenue from concession project
        Pusat data                                                  82.994                       64.977          Data Center
        Lain-lain                                                   34.140                       47.408          Others
         Sub Jumlah                                              1.170.757                      994.120         Subtotal
       Jumlah pendapatan dari
         kontrak dengan pelanggan                                3.955.267                   3.944.685          Total revenue from contracts with customers

       Indefeasible Right of Use (IRU)                                44.951                      33.503        Indefeasible Right of Use (IRU)
       Jumlah                                                    4.000.218                   3.978.188          Total

       Pendapatan non-penyelenggara telekomunikasi -                                       Revenues from non-telecommunication operations -
       lain-lain merupakan pendapatan dari proyek                                          others represents revenues derived from fiberization
       pembangunan fiberisasi.                                                             project.

       Grup tidak memiliki pendapatan usaha yang berasal                                   The Group does not have operating income derived
       dari pertukaran barang dan jasa.                                                    from the exchange of goods and services.

       Pendapatan yang melebihi 10% dari pendapatan                                        Revenue from Badan Aksesibilitas Telekomunikasi
       adalah pendapatan dari Badan Aksesibilitas                                          dan Informasi (BAKTI) in 2025 and 2024 amounting
       Telekomunikasi dan Informasi (BAKTI) dengan                                         to Rp 1,053,623 and Rp 881,735, respectively,
       jumlah pendapatan pada tahun 2025 dan 2024                                          represents more than 10% of the revenues, related
       masing-masing sebesar Rp 1.053.623 dan                                              with West and East Package of Palapa Ring Projects.
       Rp 881.735, terkait proyek Palapa Ring Paket Barat
       dan Paket Timur.

       Pendapatan yang berasal dari proyek Palapa Ring                                     Revenue related with West and East Package of
       Paket Barat dan Paket Timur sudah sesuai dengan                                     Palapa Ring Projects already meet arm’s length
       prinsip kewajaran nilai transaksi.                                                  requirement.




Draft/March 28, 2026                                                      - 81 -                                                                            paraf:
Page 326
PT MORA TELEMATIKA INDONESIA TBK                                                   PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                    AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                      Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                        For the Years Ended
31 Desember 2025 dan 2024                                                                       December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                       (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                           unless Otherwise Stated)



 31.   Beban Langsung                                                  31.   Direct Costs

       Rincian dari beban langsung adalah sebagai                            The details of direct costs are as follows:
       berikut:

                                                     2025                    2024

       Penyelenggaraan telekomunikasi                                                        Telecommunication operations
         Jaringan domestik                              444.979                 432.227        Domestic link
         VSAT                                            77.140                 333.670        VSAT
         Jaringan internasional                          54.834                  42.077        International link
         Internet                                        31.236                  26.012        Internet
         Subjumlah                                      608.189                 833.986        Subtotal

       Non - penyelenggaraan                                                                 Non - telecommunication
        telekomunikasi                                                                        operations
        Penyusutan (Catatan 13)                         715.247                 645.827       Depreciation (Note 13)
        BHP - USO *)                                    101.155                  55.923       BHP - USO *)
        Penyusutan aset hak guna (Catatan 14)            86.000                  55.475       Depreciation of right-of-use assets (Note 14)
        Biaya Persediaan                                 57.328                  35.228       Inventory cost
        Lain-lain                                        65.219                  25.916       Others
         Subjumlah                                    1.024.949                 818.369        Subtotal
       Jumlah                                         1.633.138                1.652.355     Total

       *) Biaya Hak Penyelenggaraan – Universal Service                      *) Maintenance Right Fee – Universal Service
         Obligation                                                             Obligation

       Beban langsung non-penyelenggara telekomunikasi                       Direct cost from non-telecommunication operations -
       - lain-lain merupakan beban dari proyek                               others represents expenses derived from fiberization
       pembangunan fiberisasi.                                               project.


 32.   Beban Usaha                                                     32.   Operating Expenses

       Rincian dari beban usaha adalah sebagai berikut:                      The details of operating expenses are as follows

                                                     2025                    2024


       Gaji dan tunjangan                               413.157                 338.937      Salaries and allowances
       Perbaikan dan pemeliharaan                       307.611                 455.402      Repairs and maintenance
       Sewa                                              82.128                  77.832      Rental
       Pemasaran                                         76.790                  61.042      Marketing
       Asuransi                                          70.863                  78.636      Insurance
                                                                                             Depreciation of property
       Penyusutan aset tetap (Catatan 13)                   50.152                  40.628     and equipment (Note 13)
       Komunikasi dan utilitas                              49.049                  43.290   Communication and utilities
       Beban kantor                                         40.063                  28.944   Office expenses
       Perjalanan dinas                                     30.048                  26.109   Business travel expenses
       Jasa profesional                                     27.259                  25.017   Professional fees
       Amortisasi aset tidak berwujud (Catatan 15)          19.903                  10.255   Amortization of intangible asset (Note 15)
       Imbalan kerja jangka panjang karyawan
          (Catatan 36)                                      19.231                  15.309   Long-term employee benefits (Note 36)
       Penyusutan aset hak guna (Catatan 14)                17.450                   9.943   Depreciation right of use assets (Note 14)
       Jamuan dan representasi                              13.924                  12.669   Entertainment and representation
       Pajak                                                 9.138                  11.513   Tax
       Jasa payment gateaway                                 7.841                   6.663   Payment gateaway services
       Izin legal                                            6.742                  10.490   Legal license
       Penyisihan piutang ragu-ragu (Catatan 6)              2.740                   3.654   Provision for impairment (Note 6)
       Lain-lain
          (masing-masing dibawah Rp 200 juta)                3.707                   3.439   Others (each below Rp 200 million)
       Jumlah                                         1.247.796                1.259.772     Total




Draft/March 28, 2026                                          - 82 -                                                                  paraf:
Page 327
PT MORA TELEMATIKA INDONESIA TBK                                               PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                  Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                    For the Years Ended
31 Desember 2025 dan 2024                                                                   December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                   (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                       unless Otherwise Stated)



 33.   Beban Bunga dan Keuangan                                    33.   Interest Expense and Financial Charges

                                                2025                      2024

       Bunga atas:                                                                            Interest on:
         Utang bank (Catatan 23)                       342.461                   377.646         Bank loans (Note 23)
         Utang non-bank (Catatan 22)                    37.294                    21.707         Non-bank loans (Note 22)
         Liabilitas sewa - hak guna                     15.738                    12.436         Lease liabilities - right of use
         Liabilitas sewa - lembaga pembiayaan                                                    Lease liabilities - multifinance
            (Catatan 24)                                   598                     1.819           (Note 24)
       Cicilan imbalan ijarah                           92.594                   140.026      Ijarah installment
       Provisi                                           9.365                    11.923      Provision
       Amortisasi atas:                                                                       Amortization on:
         Utang bank                                     17.783                    13.097         Bank loans
         Biaya sukuk ijarah (Catatan 25)                 3.171                     4.487         Cost of sukuk ijarah (Note 25)
         Utang non-bank                                  1.055                       506         Non-bank loans
       Jumlah                                          520.059                   583.647      Total



 34.   Lain-lain Bersih                                            34.   Others – Net

                                                2025                      2024

       Penghasilan Lain-lain                                                                Other Income
         Klaim asuransi                                  1.386                      545       Bank loans (Note 23)
         Sewa ruangan                                      404                      427       Non-bank loans (Note 22)
         Pendapatan lain-lain                           20.131                   16.181       Lease liabilities - right of use
         Subjumlah                                      21.921                   17.153       Lease liabilities - multifinance

       Beban Lain-lain                                                                      Other Expense
         Administrasi bank                              (1.339)                    (458)      Bank administration
         Beban lain-lain                               (14.485)                  (8.769)      Other expense
         Subjumlah                                     (15.824)                  (9.227)      Subtotal

       Jumlah- net                                       6.097                    7.926     Total - net



 35.   Pajak Penghasilan                                           35.   Income Tax

       Beban pajak Grup terdiri dari:                                    Tax expense of Group consists of the following:

                                                2025                      2024

       Pajak kini                                                                            Current tax
         Perusahaan                                     66.339                    64.096      The Company
         Entitas anak                                  101.374                   200.115      Subsidiaries
       Pajak tangguhan                                  (4.943)                   (5.146)    Deferred tax

       Jumlah                                          162.770                   259.065     Total




Draft/March 28, 2026                                      - 83 -                                                                    paraf:
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PT MORA TELEMATIKA INDONESIA TBK                                                PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                 AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                   Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                     For the Years Ended
31 Desember 2025 dan 2024                                                                    December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                    (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                        unless Otherwise Stated)



      Pajak Kini                                                       Current Tax

      Rekonsiliasi laba sebelum pajak menurut laporan                  A reconciliation between the profit before tax per
      laba rugi dan penghasilan komprehensif lain                      consolidated statements of profit or loss and other
      konsolidasian dengan laba kena pajak Perusahaan                  comprehensive income and taxable income of the
      adalah sebagai berikut:                                          Company follows:

                                                    2025               2024

       Laba sebelum pajak menurut laporan                                               Profit before tax per consolidated
         laba rugi dan penghasilan                                                        statements of profit or loss and
         komprehensif lain konsolidasian               678.626            521.633         other comprehensive income
       Dikurangi: laba sebelum pajak                                                    Less: profit before tax of the
         entitas anak                                  302.964            267.722         subsidiaries
       Laba sebelum pajak Perusahaan                   375.662            253.911       Profit before tax of the Company

       Perbedaan temporer:                                                              Temporary differences:
        Beban imbalan kerja jangka panjang                 14.407             11.657      Provision for long-term employee benefit
        Cadangan kerugian penurunan nilai piutang           2.740              3.654      Allowance for impairment accounts receivable
        Liabilitas sewa                                     8.718              8.689      Leased liabilities
        Pembayaran pesangon                                (6.925)            (1.684)     Payment of benefit
        Perbedaan penyusutan komersial                                                    Difference between commercial
           dan fiskal                                        (409)            (8.930)       and fiscal depreciation
        Bersih                                             18.531             13.386    Net

       Perbedaan yang tidak dapat
        diperhitungkan menurut fiskal:                                                  Permanent differences:
        Beban jamuan dan representasi                      34.855             42.695     Entertainment and representation
        Beban perayaan dan ucapan                           5.424              3.819     Celebrations and honorings
        Beban pajak                                         4.605              2.348     Tax expenses
        Penghasilan yang telah dikenakan                                                 Income already subjected
           pajak final                                 (55.580)           (49.058)         to final tax
        Lain-lain                                      (81.958)            24.246        Others
         Bersih                                        (92.654)               24.050      Net
       Laba kena pajak                                 301.539            291.347       Taxable income


      Perhitungan beban pajak dan utang pajak kini                     The current tax expense and payable are computed
      adalah sebagai berikut:                                          as follows:

                                                    2025               2024
       Beban pajak kini                                                                 Current tax expense
        Perusahaan                                      66.339             64.096        The Company
        Entitas anak                                   101.374            200.115        Subsidiaries
        Subjumlah                                      167.713            264.211        Subtotal
       Dikurangi pembayaran dimuka
         pajak penghasilan                                                              Less prepaid taxes
         Perusahaan                                     64.710             63.339         The Company
         Entitas anak                                  118.568            142.440         Subsidiaries
         Subjumlah                                     183.278            205.779         Subtotal
       Kurang bayar pajak kini - bersih                (15.565)            58.432       current tax under payment - net

       Rincian kurang (lebih) bayar pajak                                               Details of under (over) tax payment
         Perusahaan (Catatan 19)                         1.629                 758       The Company (Note 19)
         Entitas anak (Catatan 19)                      14.875              81.103       Subsidiaries (Note 19)
         Entitas anak (Catatan 10)                     (32.069)            (23.429)      Subsidiary (Note 10)

       Jumlah                                          (15.565)               58.432    Total


      Aset dan liabilitas pajak tangguhan Grup pada                    The Group's deferred tax assets and liabilities as of
      tanggal 31 Desember 2025 dan 2024 telah dihitung                 December 31, 2025 and 2024 have been calculated
      dengan menggunakan tarif 22%.                                    at 22%.




Draft/March 28, 2026                                          - 84 -                                                            paraf:
Page 329
PT MORA TELEMATIKA INDONESIA TBK                                                                                  PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                                                   AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                     Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                       For the Years Ended
31 Desember 2025 dan 2024                                                                                                      December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                                                      (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                                                          unless Otherwise Stated)



      Laba kena pajak dan beban pajak Grup tahun 2024                                                      The taxable income and tax expense of the Group
      sesuai dengan Surat Pemberitahuan Tahunan                                                            in 2024 are in accordance with the corporate income
      (SPT) yang disampaikan Grup kepada Kantor                                                            tax returns filed with the Tax Service Office.
      Pelayanan Pajak.

      Pajak Tangguhan                                                                                      Deferred Tax

      Rincian aset (liabilitas) pajak tangguhan Grup                                                       The details of the Group’s deferred tax assets
      adalah sebagai berikut:                                                                              (liabilities) follows:

                                                                                Dikreditkan (dibebankan) ke
                                                                                   /Credited (charged) to
                                                                                         Penghasilan
                                                                                      komprehensif lain/
                                              1 Januari 2025/     Laba rugi/        Other comprehensive      Reklasifikasi/     31 Desember 2025/
                                              January 1, 2025    Profit or loss            income           Reclassification    December 31, 2025

       Aset pajak tangguhan                                                                                                                         Deferred tax assets
       Entitas anak                                                                                                                                 Subsidiaries
         Perbedaan antara penyusutan                                                                                                                   Difference between commercial and
            komersial dan fiskal                        1.466              (721)                   -                    -                   745            fiscal depreciation
         Cadangan kerugian penurunan                                                                                                                   Allowance for impairment
            nilai piutang                               1.031                -                     -                    -                  1.031           of accounts receivable
         Sewa pembiayaan                                  (13)               -                     -                    -                    (13)      Finance lease
         Revaluasi aset                                   -                                       (131)                                     (131)      Assets revaluation
         Imbalan kerja jangka panjang                   7.353              (174)                   350                  -                  7.529       Long-term employee benefits liability
       Aset pajak tangguhan                             9.837              (895)                   219                  -                  9.161    Deferred tax assets

       Liabilitas pajak tangguhan                                                                                                                   Deferred tax liabilities
       Perusahaan                                                                                                                                   The Company
          Imbalan kerja jangka panjang                 15.795             1.646                  1.718                  -                 19.159       Long-term employee benefits liability
          Cadangan kerugian penurunan nilai             6.757               603                    -                    -                  7.360       Allowance for impairment
          Sewa pembiayaan                              (5.854)            1.918                    -                    -                 (3.936)      Finance lease
          Perbedaan antara penyusutan                                                                                                                  Difference between commercial and
             komersial dan fiskal                     (21.086)               (90)                  -                    -                (21.176)          fiscal depreciation
          Revaluasi aset                              (28.510)               -                   6.272                  -                (22.238)      Assets revaluation

         Subjumlah                                    (32.898)            4.077                  7.990                  -                (20.831)      Subtotal

       Entitas anak                                                                                                                                 Subsidiaries
         Perbedaan antara penyusutan                                                                                                                  Difference between commercial and
            komersial dan fiskal                       (1.263)            1.761                    -                    -                   498           fiscal depreciation
         Imbalan kerja jangka panjang                     260               -                       49                  -                   309       Long-term employee benefits liability

       Liabilitas pajak tangguhan                     (33.901)            5.838                  8.039                  -                (20.024)   Deferred tax liabilities


                                                                                Dikreditkan (dibebankan) ke
                                                                                  /Credited (Changed) to
                                                                                         Penghasilan
                                                                                     komprehensif lain/
                                              1 Januari 2024/     Laba rugi/        Other comprehensive      Reklasifikasi/     31 Desember 2024/
                                              January 1, 2024    Profit or loss            income           Reclassification    December 31, 2024

       Aset pajak tangguhan                                                                                                                         Deferred tax assets
       Entitas anak                                                                                                                                 Subsidiaries
         Perbedaan antara penyusutan                                                                                                                   Difference between commercial and
            komersial dan fiskal                          152             1.153                        -                161                1.466           fiscal depreciation
         Cadangan kerugian penurunan                                                                                                                   Allowance for impairment
            nilai piutang                               1.031                 -                      -                    -                1.031           of accounts receivable
         Sewa pembiayaan                                   15               (28)                     -                    -                  (13)      Finance lease
         Imbalan kerja jangka panjang                   6.850               964                   (183)                (278)               7.353       Long-term employee benefits liability
       Aset pajak tangguhan                             8.048             2.089                   (183)                (117)               9.837    Deferred tax assets

       Liabilitas pajak tangguhan                                                                                                                   Deferred tax liabilities
       Perusahaan                                                                                                                                   The Company
          Imbalan kerja jangka panjang                 14.175             2.194                   (574)                     -             15.795       Long-term employee benefits liability
          Cadangan kerugian penurunan nilai             5.953               804                      -                      -              6.757       Allowance for impairment
          Sewa pembiayaan                              (7.766)            1.912                      -                      -             (5.854)      Finance lease
          Perbedaan antara penyusutan                                                                                                                  Difference between commercial and
             komersial dan fiskal                     (19.121)            (1.965)                    -                      -            (21.086)          fiscal depreciation
          Revaluasi aset                              (18.619)                 -                (9.891)                     -            (28.510)      Assets revaluation
         Subjumlah                                    (25.378)            2.945                (10.465)                     -            (32.898)      Subtotal


       Entitas anak                                                                                                                                 Subsidiaries
         Perbedaan antara penyusutan                                                                                                                  Difference between commercial and
            komersial dan fiskal                       (1.213)              111                        -               (161)              (1.263)         fiscal depreciation
            Imbalan kerja jangka panjang                                                                                                                  Long-term employee
                                                            -                 1                    (19)                 278                  260              benefits liability
         Subjumlah                                     (1.213)              112                    (19)                 117               (1.003)   Subtotal

       Liabilitas pajak tangguhan                     (26.591)            3.057                (10.484)                 117              (33.901)   Deferred tax liabilities




Draft/March 28, 2026                                                                - 85 -                                                                                          paraf:
Page 330
PT MORA TELEMATIKA INDONESIA TBK                                                     PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                      AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                        Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                          For the Years Ended
31 Desember 2025 dan 2024                                                                         December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                         (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                             unless Otherwise Stated)



       Rekonsiliasi antara jumlah beban pajak dan hasil                        A reconciliation between the total tax expense and
       perkalian laba akuntansi sebelum pajak dengan tarif                     the amounts computed by applying the effective tax
       pajak yang berlaku adalah sebagai berikut:                              rates to profit before tax follows:

                                                      2025                     2024

       Laba sebelum pajak menurut laporan                                                      Profit before tax per consolidated
         laba rugi dan penghasilan                                                               statements of profit or loss and other
         komprehensif lain konsolidasian                  678.626                 521.633        comprehensive income
       Dikurangi: laba sebelum pajak                                                           Less: profit before tax of
         entitas anak                                     302.964                 267.722        the subsidiaries

       Laba sebelum pajak Perusahaan                      375.662                 253.911      Profit before tax of the Company

       Beban pajak berdasarkan tarif pajak                   82.646                   55.860   Tax expense at effective tax rates

       Pengaruh pajak atas beda tetap:                                                         Tax effect of permanent difference:
         Beban jamuan dan representasi                         7.668                   9.393     Entertainment and representation
         Beban pajak                                           1.193                     840     Tax expenses
         Beban perayaan dan ucapan                             1.013                     517     Celebrations and honorings
         Penghasilan yang telah                                                                  Income already subjected to
           dikenakan pajak final                          (12.228)                 (10.793)        final tax
         Lain-lain                                        (18.030)                   5.334       Others
       Beban pajak Perusahaan                              62.262                  61.151      Tax expense of the Company
       Beban pajak entitas anak                           100.508                 197.914      Tax expense of subsidiaries

       Beban pajak - bersih                               162.770                 259.065      Tax expense - net




 36.   Liabilitas Imbalan Kerja Jangka Panjang                           36.   Long-Term Employee Benefits Liability

       Besarnya imbalan kerja jangka panjang dihitung                          The amount of long-term employee benefits is
       berdasarkan ketentuan yang berlaku.                                     callculated based on the applicable provisions.

       Perhitungan aktuaria terakhir atas liabilitas imbalan                   The latest actuarial valuation upon the long-term
       kerja jangka panjang tersebut dilakukan oleh                            employee benefits liability was from Consultant Arya
       Konsultan Arya Bagiastra, aktuaris independen,                          Bagiastra, an independent actuary, dated
       tertanggal 19 Februari 2026 untuk tahun yang                            February 19, 2026 for the year ended
       berakhir pada tanggal 31 Desember 2025.                                 December 31, 2025.

       Jumlah karyawan Grup yang berhak atas imbalan                           The number of employees of the Group entitled to
       kerja jangka panjang tersebut sebanyak 1.380 dan                        employee benefits totaled to 1,380 and 1,404
       1.404 karyawan (tidak diaudit) masing-masing pada                       (unaudited) as of December 31, 2025 and 2024,
       tanggal 31 Desember 2025 dan 2024.                                      respectively.




Draft/March 28, 2026                                            - 86 -                                                                    paraf:
Page 331
PT MORA TELEMATIKA INDONESIA TBK                                          PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                           AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                             Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                               For the Years Ended
31 Desember 2025 dan 2024                                                              December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                              (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                  unless Otherwise Stated)



      Jumlah-jumlah yang diakui dalam Iaporan laba rugi             Amounts recognized in the consolidated statements
      dan penghasilan komprehensif lain konsolidasian               of profit or loss and other comprehensive income in
      sehubungan dengan imbalan pasti adalah sebagai                respect of this benefit plans follows:
      berikut:

                                                  2025              2024

       Biaya jasa kini                                   13.264            12.216    Current service costs
       Biaya bunga                                        6.636             5.505    Net interest expense
       Pengakuan segera dari biaya jasa                                              Immediate recognation of past
         lalu yang vested                                 2.591               -        service cost - vested
       Dampak kurtailmen/penyelesaian                    (3.260)           (2.412)   Curtailment effects/settlement
       Komponen biaya imbalan pasti                                                  Components of defined benefit costs
         yang diakui di laba rugi                        19.231            15.309      recognized in profit or loss

       Pengukuran kembali liabilitas                                                 Remeasurement on the defined
        imbalan pasti:                                                                benefit liability:
        Keuntungan (kerugian) aktuarial                                               Actuarial losses (gains)
          yang timbul dari:                                                             arising from:
                                                                                        Changes in financial
           Perubahan asumsi keuangan                      9.093            (3.833)        assumptions
           Penyesuaian pengalaman                           614               110       Experience adjustments
         Komponen biaya imbalan pasti                                                Components of defined benefit
           yang diakui di penghasilan                                                  costs recognized in other
           komprehensif lain                              9.707            (3.723)     comprehensive income
         Jumlah                                          28.938            11.586    Total

      Beban imbalan kerja jangka panjang untuk tahun                Long-term employee benefits expense for the year
      berjalan disajikan sebagai bagian dari “Beban                 are included in the “Operating expenses” in profit or
      usaha” pada laba rugi (Catatan 32).                           loss (Note 32).

      Pengukuran kembali atas liabilitas imbalan pasti              The remeasurement of the net defined benefit liability
      diakui dalam penghasilan komprehensif lain.                   is included in other comprehensive income.

      Mutasi nilai kini liabilitas imbalan pasti adalah             Movements of present value of defined benefit
      sebagai berikut:                                              obligation follows:

                                                  2025              2024

       Saldo awal tahun                                  92.341            83.669    Balance at the beginning of the year
       Biaya jasa kini                                   13.264            12.216    Current service costs
       Biaya bunga                                        6.636             5.505    Interest expense
       Pengakuan segera dari biaya jasa                                              Immediate recognation of past
         lalu yang vested                                 2.591                 -      service cost - vested
       Dampak kurtailmen/penyelesaian                    (3.260)           (2.412)   Curtailment effect/settlement
       Imbalan dibayarkan                                (8.887)           (2.914)   Benefit paid
       Kerugian (keuntungan) pengukuran kembali
         kerugian (keuntungan) aktuarial                                             Remeasurement losses (gains)
            yang timbul dari:                                                         Actuarial losses (gain) arising from:
            Perubahan asumsi keuangan                     9.093            (3.833)      Changes in financial assumptions
            Penyesuaian pengalaman                          614               110       Experience adjustments

       Saldo akhir tahun                             112.392               92.341    Balance at the end of the year




Draft/March 28, 2026                                       - 87 -                                                             paraf:
Page 332
PT MORA TELEMATIKA INDONESIA TBK                                                              PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                               AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                 Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                   For the Years Ended
31 Desember 2025 dan 2024                                                                                  December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                                  (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                                      unless Otherwise Stated)



       Asumsi utama yang digunakan untuk menentukan                                   The actuarial valuation was carried out using the
       penilaian aktuarial adalah sebagai berikut:                                    following key assumptions:

                                                       2025                                   2024

                                           6,13%-6,65% IGSYC (Durable)            7,06%-7,11% IGSYC (Durable)
       Tingkat diskonto                                                                                             Discount rate
                                                  per tahun/annum                        per tahun/annum
       Tingkat kenaikan gaji                  7%-8% per tahun/annum                  7%-8% per tahun/annum          Future salary increment rate
       Umur pensiun normal                         56 tahun/years                         56 tahun/years            Normal retirement age
       Tabel mortalitas                              TMI IV 2019                            TMI IV 2019             Mortality table
       Tingkat pengunduran diri             6% - 10% sampai dengan 29              6% - 10% sampai dengan 29        Resignation rate
                                           tahun, menurun 0,25% secara            tahun, menurun 0,25% secara
                                           linear setiap tahun sampai 1%          linear setiap tahun sampai 1%
                                           pada usia 55 tahun/10% up to           pada usia 55 tahun/10% up to
                                         age 29 and decreasing linearly by      age 29 and decreasing linearly by
                                          0.25% for each year up to 1% at        0.25% for each year up to 1% at
                                                       age 55                                 age 55
       Tingkat cacat                                     10%                                    10%                 Disability

       Analisa      sensitivitas    dari     perubahan                                The sensitivities of the overall long-term employee
       asumsi-asumsi utama terhadap liabilitas imbalan                                benefit liabilities to changes in the weighted principal
       kerja jangka panjang adalah sebagai berikut:                                   assumptions are as follows

                                                                             2025
                                        Dampak kenaikan (penurunan) terhadap liabilitas imbalan pasti/
                                           Impact on Defined Benefit Liability Increase (Decrease)
                                    Perubahan asumsi/               Kenaikan asumsi/      Penurunan asumsi/
                                  Change in Assumptions         Increase in Assumptions Decrease in Assumptions

       Tingkat diskonto                     1%                                        (10.295)                         11.780         Discount rate
       Tingkat pertumbuhan gaji             1%                                        10.952                            (9.805)       Salary growth rate


                                                                               2024
                                        Dampak kenaikan (penurunan) terhadap liabilitas imbalan pasti/
                                           Impact on Defined Benefit Liability Increase (Decrease)
                                    Perubahan asumsi/               Kenaikan asumsi/      Penurunan asumsi/
                                  Change in Assumptions         Increase in Assumptions Decrease in Assumptions

       Tingkat diskonto                     1%                                         (8.253)                           9.445        Discount rate
       Tingkat pertumbuhan gaji             1%                                          8.872                           (7.931)       Salary growth rate



 37.   Cadangan Umum                                                           37.    General Reserve

       Pada tahun 2025, Perusahaan telah meningkatkan                                 In 2025, the Company has increased general reserve to
       cadangan umum menjadi sebesar Rp 63.750                                        Rp 63,750 based on the Annual General Stockholders’
       berdasarkan Rapat Umum Pemegang Saham                                          Meeting dated June 5, 2025
       Tahunan tanggal 5 Juni 2025.

       Pada tahun 2024, Perusahaan telah meningkatkan                                 In 2024, the Company has increased general reserve
       cadangan umum berdasarkan jumlah modal                                         based on the total issued and paid up capital to
       ditempatkan dan disetor menjadi sebesar                                        Rp 62,750 based on the Annual General Stockholders’
       Rp 62.750 berdasarkan Rapat Umum Pemegang                                      Meeting dated June 13, 2024.
       Saham Tahunan tanggal 13 Juni 2024.

       Cadangan umum tersebut dibentuk sehubungan                                     This general reserve was provided in relation with the
       dengan ketentuan dalam Undang-Undang Republik                                  Law of Republic of Indonesia No. 40 year 2007
       Indonesia No. 40 Tahun 2007 tentang Perseroan                                  regarding Limited Liability Company, which requires
       Terbatas, yang mewajibkan perusahaan untuk                                     companies to set up general reserve equivalent to at
       membentuk cadangan umum sedikitnya 20% dari                                    least 20% of the total issued and paid up capital. There
       jumlah modal ditempatkan dan disetor. Tidak                                    is no timeline over which this amount should be
       terdapat batas waktu yang ditetapkan atas                                      appropriated.
       pemenuhan kewajiban tersebut.

Draft/March 28, 2026                                                  - 88 -                                                                          paraf:
Page 333
PT MORA TELEMATIKA INDONESIA TBK                                                   PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                    AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                      Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                        For the Years Ended
31 Desember 2025 dan 2024                                                                       December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                       (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                           unless Otherwise Stated)



 38.   Laba Per Saham                                                  38.   Earnings Per Share

       Perhitungan laba per saham dasar dan dilusian                         The computation of basic and diluted earnings per
       berdasarkan pada informasi berikut:                                   share is based on the following data:

                                                     2025                    2024

       Jumlah laba yang digunakan dalam                                                     Profit for computation basic earnings
         perhitungan laba persaham dasar:                                                      per share:
         Jumlah laba bersih yang diatribusikan                                                 Profit attributable to owners of
           kepada pemilik entitas induk                 448.493                245.472             the Company
       Jumlah rata-rata tertimbang jumlah saham                                             Weighted average number of shares
         (dalam lembar saham penuh)               23.646.668.691        23.646.668.691         outstanding (in full number of shares)

       Laba per saham                                       18,97                   10,38   Earning per share



 39.   Sifat dan Transaksi Hubungan Berelasi                           39.   Nature of Relationships and Transactions with
                                                                             Related Parties

       Sifat Pihak Berelasi                                                  Nature of Relationships

       Rincian sifat hubungan dan jenis transaksi yang                       The nature of the relationship with the related parties
       signifikan dengan pihak-pihak berelasi adalah                         are as follows:
       sebagai berikut:

           Pihak-pihak berelasi/                    Sifat dan hubungan/                               Jenis transaksi/
              Related parties                      Nature and relationship                            Transaction type

        PT Pakkodian                         Memiliki sebagian pemegang saham                Pembelian aset tetap, utang usaha,
                                             yang sama dengan Entitas Induk/                 pendapatan, beban langsung dan
                                             Has partly the same stockholders with           beban usaha/ Acquisition of
                                             the Parent Entity                               property and equipment, trade
                                                                                             accounts payable, revenue, direct
                                                                                             costs, and operating expense

        PT Gema Lintas Benua                 Pemegang saham dan manajemen                    -
                                             yang sama dengan Entitas Induk/
                                             Stockholders  and     has    same
                                             management with the Parent Entity

        PT Candrakarya Multikreasi           Pemegang saham dan manajemen                    -
                                             yang sama dengan Entitas Induk/
                                             Stockholder   and     has    same
                                             management with the Parent Entity

        PT Infrastruktur Bisnis              Pemegang saham tidak langsung dari              Piutang usaha, utang usaha,
        Sejahtera                            dengan Entitas Induk/                           pendapatan dan beban langsung/
                                             Indirect stockholder of the Parent              Trade accounts receivable, trade
                                             Entity                                          accounts payables, revenue and
                                                                                             direct costs

        PT Inti Bangun Sejahtera             Memiliki pemegang saham tidak                   Pendapatan     dan        Beban
        Tbk*)                                langsung yang sama dengan Entitas               langsung/Revenue and direct costs
                                             Induk/
                                             Has the same indirect stockholder with
                                             the Parent Entity




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Page 334
PT MORA TELEMATIKA INDONESIA TBK                                                                        PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                                         AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                           Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                             For the Years Ended
31 Desember 2025 dan 2024                                                                                            December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                                            (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                                                unless Otherwise Stated)



         PT Ketrosden Triasmitra                            Memiliki sebagian pemegang saham                                Piutang usaha, pembelian aset
         Tbk                                                yang sama dengan Entitas Induk/                                 tetap, utang usaha, utang lain-lain,
                                                            Has partly the same stockholders with                           dan pendapatan/
                                                            the Parent Entity                                               Trade      accounts    receivable,
                                                                                                                            Acquisition of property and
                                                                                                                            equipment, trade accounts payable,
                                                                                                                            other payable, and revenue

         PT Triasmitra Multiniaga                           Memiliki sebagian pemegang saham                                Pembelian aset tetap, utang usaha,
         International                                      yang sama dengan Entitas Induk/                                 pendapatan, beban langsung, dan
                                                            Has partly the same stockholders with                           beban usaha/
                                                            the Parent Entity                                               Acquisition of property and
                                                                                                                            equipment, trade accounts payable,
                                                                                                                            revenue,    direct   costs,   and
                                                                                                                            operating expenses

         PT Jejaring Mitra Persada                          Memiliki sebagian pemegang saham                                Piutang usaha, pembelian aset
                                                            yang sama dengan Entitas Induk/                                 tetap, utang usaha, uang muka
                                                            Has partly the same stockholders with                           penjualan, pendapatan, dan beban
                                                            the Parent Entity                                               langsung/
                                                                                                                            Trade      accounts    receivable,
                                                                                                                            acquisition of property and
                                                                                                                            equipment, trade accounts payable,
                                                                                                                            advances from customer, revenue,
                                                                                                                            and direct costs

      *) Pada bulan Juli 2024, PT Inti Bangun Sejahtera                                         *) In July 2024, PT Inti Bangun Sejahtera Tbk is no
         Tbk sudah bukan merupakan pihak berelasi                                                  longer a related party to the Company.
         bagi Perusahaan.

      Transaksi dengan Pihak Berelasi                                                           Transactions with Related Parties

      Dalam kegiatan usahanya, Grup melakukan                                                   In the normal course of business, the Group entered
      transaksi tertentu dengan pihak berelasi, yang                                            into certain transactions with related parties, among
      meliputi antara lain:                                                                     others, follows:

                                                                                      Persentase terhadap jumlah Aset
                                                                                       dan terhadap jumlah Liabilitas/
                                                                                         Percentage to Total Assets
                                                                                      and Percentage to Total Liabilities
                                                     2025             2024               2025                    2024
                                                                                          %                         %
       Aset                                                                                                                      Assets
         Piutang usaha                                                                                                             Trade accounts receivable
            PT Jejaring Mitra Persada                   114.646               -          0,78                        -               PT Jejaring Mitra Persada
            PT Ketrosden Triasmitra Tbk                     353             133          0,00                      0,00              PT Ketrosden Triasmitra Tbk
            PT Infrastruktur Bisnis Sejahtera                 -          50.667            -                       0,35              PT Infrastruktur Bisnis Sejahtera

            Jumlah                                      114.999          50.800          0,78                      0,35               Total


         Pembelian aset tetap                                                                                                         Acquisition of property and equipment
           PT Jejaring Mitra Persada                         6.304       49.548          0,04                      0,34               PT Jejaring Mitra Persada
           PT Ketrosden Triasmitra Tbk                           -      115.351            -                       0,79               PT Ketrosden Triasmitra Tbk
           PT Triasmitra Multiniaga International                -        2.792            -                       0,02               PT Triasmitra Multiniaga International
           PT Pakkodian                                          -        2.025            -                       0,01               PT Pakkodian

         Jumlah                                              6.304      169.716          0,04                      1,16            Total

       Liabilitas                                                                                                                Liabilities
         Utang usaha                                                                                                               Trade accounts payable
            PT Ketrosden Triasmitra Tbk                     58.103       26.379          0,85                      0,36               PT Ketrosden Triasmitra Tbk
            PT Triasmitra Multiniaga International           1.578       10.191          0,02                      0,14               PT Triasmitra Multiniaga International
            PT Pakkodian                                     1.243        3.110          0,02                      0,04               PT Pakkodian
            PT Infrastruktur Bisnis Sejahtera                  306          976          0,00                      0,01               PT Infrastruktur Bisnis Sejahtera
            PT Jejaring Mitra Persada                            -        3.531            -                       0,05               PT Jejaring Mitra Persada

         Jumlah                                             61.230       44.187          0,89                      0,60            Total


         Utang lain-lain                                                                                                           Other accounts payable
           PT Ketrosden Triasmitra Tbk                       1.254            -          0,02                        -               PT Ketrosden Triasmitra Tbk


         Uang muka penjualan                                                                                                       Advances from a customer
            PT Jejaring Mitra Persada                   153.557          45.952          2,25                      0,63               PT Jejaring Mitra Persada



Draft/March 28, 2026                                                         - 90 -                                                                                            paraf:
Page 335
PT MORA TELEMATIKA INDONESIA TBK                                                                              PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                                               AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                 Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                   For the Years Ended
31 Desember 2025 dan 2024                                                                                                  December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                                                  (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                                                      unless Otherwise Stated)


                                                                                                Persentase terhadap Pendapatan/
                                                                                                   Beban yang bersangkutan/
                                                                                           and Percentage to Total Revenues/Expenses
                                                     2025                   2024                   2025                   2024
       Pendapatan                                                                                                                        Revenues
         PT Triasmitra Multiniaga International             14.921                 8.553           0,37                   0,21             PT Triasmitra Multiniaga International
         PT Jejaring Mitra Persada                           6.027                 5.996           0,15                   0,15             PT Jejaring Mitra Persada
         PT Infrastruktur Bisnis Sejahtera                   4.160                 5.631           0,10                   0,14             PT Infrastruktur Bisnis Sejahtera
         PT Ketrosden Triasmitra Tbk                           231                     -           0,01                     -              PT Ketrosden Triasmitra Tbk
         PT Pakkodian                                           14                     -           0,00                     -              PT Pakkodian
         PT Inti Bangun Sejahtera Tbk*)                          -                 2.166             -                    0,05             PT Inti Bangun Sejahtera Tbk*)

         Jumlah                                             25.353             22.346              0,63                   0,55             Total

       Beban Langsung                                                                                                                    Direct Costs
         PT Triasmitra Multiniaga International             12.318              4.964              0,76                   0,30             PT Triasmitra Multiniaga International
         PT Infrastruktur Bisnis Sejahtera                   9.351             10.965              0,57                   0,66             PT Infrastruktur Bisnis Sejahtera
         PT Jejaring Mitra Persada                              80                 80              0,00                   0,00             PT Jejaring Mitra Persada
         PT Pakkodian                                           62                 40              0,00                   0,00             PT Pakkodian
         PT Inti Bangun Sejahtera Tbk*)                          -              2.293                -                    0,14             PT Inti Bangun Sejahtera Tbk*)

         Jumlah                                             21.811             18.342              1,33                   1,10             Total

       Beban usaha                                                                                                                       Operating expense
         PT Triasmitra Multiniaga International             17.914             15.795              1,44                   1,25             PT Triasmitra Multiniaga International
         PT Pakkodian                                        3.367              6.178              0,27                   0,49             PT Pakkodian

         Jumlah                                             21.281             21.973              1,71                   1,74             Total




       Perusahaan memberikan kompensasi kepada                                                       The Company provides compensation to its key
       karyawan kunci. Personil manajemen kunci                                                      management personnel. The key management
       Perusahaan adalah direksi dan dewan Komisaris.                                                personnel of the Company are directors and board of
       Imbalan yang diberikan kepada direksi dan dewan                                               commissioners. The renumeration of directors and
       komisaris pada tahun-tahun yang berakhir                                                      board of commissioners for the years ended
       31 Desember 2025 dan 2024 adalah sebagai                                                      December 31, 2025 and 2024 follows:
       berikut:

                                                                     2025                                 2024

       Imbalan jangka pendek                                                 8.027                                 7.341         Short-term benefits
       Imbalan kerja jangka panjang                                          6.167                                 7.289         Long-term employee benefits

       Jumlah                                                               14.194                                14.630         Total



 40.   Tujuan dan                Kebijakan        Manajemen            Risiko                40.    Financial Risk Management Objectives and
       Keuangan                                                                                     Policies

       Aktivitas Grup terpengaruh berbagai risiko                                                    The Group’s activities are exposed to a variety of
       keuangan: risiko pasar (termasuk risiko mata uang                                             financial risks: market risk (including currency risk
       dan risiko suku bunga), risiko kredit dan risiko                                              and fair value interest rate risk), credit risk and
       likuiditas. Program manajemen risiko Grup secara                                              liquidity risk. The Group’s overall risk management
       keseluruhan difokuskan pada pasar keuangan yang                                               programme focuses on the unpredictability of
       tidak dapat diprediksi dan Grup berusaha untuk                                                financial markets and seeks to minimize potential
       meminimalkan dampak yang berpotensi merugikan                                                 adverse effects on the Group’s financial performance.
       kinerja keuangan Grup.

       Manajemen risiko merupakan tanggung jawab                                                     Risk management is the responsibility of the Board of
       Direksi. Direksi bertugas menentukan prinsip dasar                                            Directors (BOD). The BOD has the responsibility to
       kebijakan manajemen risiko Grup secara                                                        determine the basic principles of the Group’s risk
       keseluruhan serta kebijakan pada area tertentu                                                management as well as principles covering specific
       seperti risiko suku bunga, risiko mata uang asing,                                            areas, such as interest rate risk, foreign exchange
       risiko kredit dan risiko likuiditas.                                                          risk, credit risk and liquidity risk.




Draft/March 28, 2026                                                                - 91 -                                                                                     paraf:
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PT MORA TELEMATIKA INDONESIA TBK                                                       PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                        AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                          Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                            For the Years Ended
31 Desember 2025 dan 2024                                                                           December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                           (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                               unless Otherwise Stated)



      Risiko Mata Uang Asing                                                     Foreign Exchange Risk

      Grup terpengaruh risiko nilai tukar mata uang asing                        The Group is exposed to foreign exchange risk
      yang timbul dari berbagai eksposur mata uang,                              arising from various currency exposures, primarily
      terutama terhadap Dolar Amerika Serikat dan Dolar                          with respect to the U.S. Dollar and Singapore Dollar.
      Singapura. Risiko nilai tukar mata uang asing timbul                       Foreign exchange risk arises from future settlement
      dari transaksi komersial yang akan diselesaikan di                         of commercial transactions and recognized assets
      masa depan serta aset dan liabilitas yang diakui.                          and liabilities.

      Eksposur Grup yang terpengaruh risiko nilai tukar                          The Group’s exposure to the foreign exchange risk
      terutama terkait dengan kas dan setara kas, piutang                        relate primarily to cash and cash equivalents, trade
      usaha, utang usaha dan utang non-bank.                                     accounts receivable, trade accounts payable and
                                                                                 non-bank loans.

      Selain kas dan setara kas, piutang usaha, utang                            Other than cash and cash equivalents, trade
      usaha dan utang non-bank, Grup memiliki eksposur                           accounts receivable, trade accounts payable and
      dalam mata uang asing yang timbul dari transaksi                           non-bank loans, the Group has transactional
      operasionalnya. Eksposur tersebut timbul karena                            currency exposures. Such exposure arises when the
      transaksi yang bersangkutan dilakukan dalam mata                           transaction is denominated in currencies other than
      uang selain mata uang fungsional unit operasional                          the functional currency of the operating unit or the
      atau pihak lawan.                                                          counterparty.

      Pada tanggal 31 Desember 2025 dan 2024, Grup                               As of December 31, 2025 and 2024, the Group has
      mempunyai aset dan liabilitas moneter dalam mata                           monetary assets and liabilities in foreign currencies
      uang asing sebagai berikut:                                                as follows:
                                                  31 Desember 2025/                     31 Desember 2024/
                                                 December 31, 2025                     December 31, 2024
                                           Mata Uang                             Mata Uang
                                             Asing/          Ekuivalen/            Asing/         Ekuivalen/
                                            Foreign         Equivalent in         Foreign        Equivalent in
                                           Currency              Rp              Currency             Rp

       Aset                                                                                                           Assets

       Kas dan setara kas           USD     24.321.356              408.161      19.826.630              320.438      Cash and cash equivalents
                                    SGD        938.282               12.262         622.434                7.419
                                    EUR            557                   11             712                   12
                                     JPY   935.703.116              100.673               -                    -
       Piutang usaha                USD      4.305.089               72.248       3.511.694               56.756      Trade accounts receivable
                                    SGD         31.679                  414          38.509                  459
       Setoran jaminan dalam akun                                                                                     Securities deposit included in
       "Aset lain-lain"             USD          3.099                      52        4.600                      74     "Other assets"

       Jumlah Aset                                                  593.821                              385.158      Total Assets

       Liabilitas                                                                                                     Liabilities

       Utang usaha                  USD      1.346.443               22.596       8.904.467              143.914      Trade accounts payable
                                    SGD            153                    2          46.311                  552
       Utang lain-lain              USD         50.590                  849           4.331                   70      Other accounts payable
       Utang non-bank               USD        188.774                3.168         943.770               15.253      Non-bank loans

       Jumlah Liabilitas                                             26.615                              159.789      Total Liabilities

       Jumlah Aset - bersih                                         567.206                              225.369      Net Assets


      Pada tanggal 31 Desember 2025 dan                                          As of December 31, 2025 and 2024, if the currencies
      2024, jika mata uang melemah/menguat sebesar                               had weakened/strengthened by 3% against the
      3% terhadap Rupiah dengan variabel lain konstan,                           Rupiah with all other variables held constant, post-tax
      laba setelah pajak untuk tahun-tahun yang berakhir                         profit for the years ended would have been
      pada tanggal tersebut berjalan akan lebih                                  higher/lower by Rp 13,273 and Rp 5,274,
      tinggi/rendah sebesar Rp 13.273 dan Rp 5.274                               respectively, mainly as a result of foreign exchange
      terutama diakibatkan keuntungan selisih kurs                               gains on translation foreign currency denominated
      karena penjabaran aset dan liabilitas moneter.                             monetary assets and liabilities.




Draft/March 28, 2026                                            - 92 -                                                                       paraf:
Page 337
PT MORA TELEMATIKA INDONESIA TBK                                                           PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                            AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                              Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                For the Years Ended
31 Desember 2025 dan 2024                                                                               December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                               (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                                   unless Otherwise Stated)



      Pada tanggal 31 Desember 2025 dan                                            As of December 31, 2025 and 2024, the conversion
      2024, kurs konversi yang digunakan Grup                                      rates used by the Group were disclosed in Note 2 to
      diungkapkan pada Catatan 2 dalam laporan                                     the consolidated financial statements.
      keuangan konsolidasian.

      Risiko Suku Bunga Arus Kas dan Nilai Wajar                                   Cash Flow and Fair Value Interest Rate Risk

      Risiko suku bunga adalah risiko dimana nilai wajar                           Interest rate risk is the risk that the fair value or
      atau arus kas kontraktual masa datang dari suatu                             contractual future cash flows of a financial instrument
      instrumen keuangan akan terpengaruh akibat                                   will be affected due to changes in market interest
      perubahan suku bunga pasar. Eksposur                                         rates. The Company’s exposures to interest rate risk
      Perusahaan yang terpengaruh risiko suku bunga                                relate primarily to bank loans.
      terutama terkait dengan utang bank.

      Untuk meminimalkan risiko suku bunga,                                        To minimize interest rate risk, the Company manages
      Perusahaan mengelola beban bunga melalui                                     interest cost through variable-rate debts, by
      kombinasi utang dengan suku bunga variabel,                                  evaluating market rate trends. Management also
      dengan mengevaluasi kecenderungan suku bunga                                 conducts assessments among interest rates offered
      pasar. Manajemen juga melakukan penelaahan                                   by creditors to obtain the most favorable interest rate
      berbagai suku bunga yang ditawarkan oleh kreditur                            before it takes any decision to enter a new loan
      untuk    mendapatkan     suku    bunga      yang                             agreement.
      menguntungkan sebelum mengambil keputusan
      untuk melakukan perikatan utang.

      Tabel berikut adalah nilai tercatat, berdasarkan                             The following table sets out the carrying amount, by
      jatuh temponya, atas liabilitas keuangan                                     maturity, of the Company’s financial liability that are
      Perusahaan yang terkait risiko suku bunga                                    exposed       to  interest    rate    risk     as    of
      pada tanggal 31 Desember 2025 dan 2024:                                      December 31, 2025 and 2024:

                                                      2025                                         2024
                                    Rata-rata                                      Rata-rata
                                Suku Bunga Efektif/                            Suku Bunga Efektif/
                                Average Effective            Saldo/            Average Effective          Saldo/
                                   Interest Rate             Balance              Interest Rate           Balance
                                         %                                              %
       Liabilitas                                                                                                        Liability
       Utang bank                   8,25 - 9,50                  3.994.718         8,75 - 9,50               4.342.202   Bank loans


      Risiko Kredit                                                                Credit Risk

      Risiko kredit adalah risiko bahwa Grup akan                                  Credit risk is the risk that the Group will incur a loss
      mengalami kerugian dari pelanggan, klien atau                                arising from the customer, client and other parties
      pihak lawan yang gagal memenuhi kewajiban                                    who failed to meet their contractual obligations. There
      kontraktual mereka. Tidak ada risiko kredit yang                             is no significant concentration of credit risk. The
      terpusat secara signifikan. Grup mengelola dan                               Group manages and controls credit risk by setting
      mengendalikan risiko kredit dengan menetapkan                                limits of acceptable risk for individual customers and
      batasan jumlah risiko yang dapat diterima untuk                              monitors the exposure associated with these
      pelanggan individu dan memantau eksposur terkait                             restrictions.
      dengan batasan-batasan tersebut.

      Grup melakukan hubungan usaha hanya dengan                                   The Group conducts business relationships only with
      pihak ketiga yang diakui dan kredibel. Grup memiliki                         recognized and credible third parties. The Group has
      kebijakan untuk semua pelanggan yang akan                                    a policy to go through customer’s credit verification
      melakukan perdagangan secara kredit harus                                    procedures. In addition, the amount of receivables is
      melalui prosedur verifikasi kredit. Sebagai                                  monitored continuously to reduce the risk for
      tambahan jumlah piutang dipantau secara terus                                impairment.
      menerus untuk mengurangi risiko piutang tak
      tertagih.




Draft/March 28, 2026                                                  - 93 -                                                          paraf:
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PT MORA TELEMATIKA INDONESIA TBK                                               PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                  Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                    For the Years Ended
31 Desember 2025 dan 2024                                                                   December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                   (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                       unless Otherwise Stated)


      Kualitas kredit dari aset keuangan baik yang belum               The credit quality of financial assets that are neither
      jatuh tempo atau tidak mengalami penurunan nilai                 past due nor impaired can be assessed by
      dapat dinilai dengan mengacu pada peringkat kredit               reference to external credit ratings (if available) or
      eksternal (jika tersedia) atau mengacu pada                      to historical information about counterparty default
      informasi historis mengenai tingkat gagal bayar                  rates.
      debitur.

      Kas dan setara kas dinilai sebagai kelas tinggi                  Cash and cash equivalents are assessed as high
      karena disimpan di bank-bank terkemuka di                        grade since it is deposited in reputable banks in the
      Indonesia yang telah disetujui oleh Dewan Direksi                country as approved by the Board of Directors and
      dan   yang     memiliki    probabilitas   rendah                 which have low probability of insolvency.
      kebangkrutan.

      Piutang dinilai sebagai berikut:                                 Receivables are assessed as follows:

                                                   2025                    2024

       Piutang usaha                                                                        Trade accounts receivable
         Pihak lawan tanpa peringkat                                                          Counterparties without external
           kredit eksternal                                                                      credit rating
           Grup A                                         129.139                  37.411        Group A
           Grup B                                         577.182                 571.179        Group B
       Jumlah piutang usaha yang tidak                                                      Total unimpaired trade accounts
         mengalami penurunan nilai                        706.321                 608.590     receivable

       Piutang Lain-lain                                                                    Other accounts receivable
         Grup B                                             5.039                   5.793     Group B


      •   Grup A – pelanggan baru/pihak berelasi (kurang               •    Group A – new customers/related parties (less
          dari enam (6) bulan).                                             than six (6) months).

      •   Grup B – pelanggan yang sudah ada/pihak                      •    Group B – existing customers/related parties
          berelasi (lebih dari enam (6) bulan) tanpa kasus                  (more than six (6) months) with no defaults in
          gagal bayar di masa terdahulu.                                    the past.

      Berikut adalah eksposur laporan posisi keuangan                  The table below shows consolidated statements of
      konsolidasian yang terkait risiko kredit pada tanggal            financial position maximum exposures related to
      31 Desember 2025 dan 2024:                                       credit risk as of December 31, 2025 and
                                                                       2024:

                                                   2025                    2024

       Aset keuangan pada biaya perolehan
            diamortisasi                                                                    Financial assets at amortized cost
            Kas dan setara kas                         1.365.202              1.819.034          Cash and cash equivalents
            Aset pengampunan pajak - kas                     100                    100          Tax amnesty asset - cash
            Piutang usaha - bersih                       706.321                608.590          Trade accounts receivable - net
            Piutang lain-lain                              5.039                  5.793          Other accounts receivable
            Aset yang dibatasi penggunaannya              16.000                 17.674          Restricted assets
            Piutang konsesi jasa                       3.767.551              4.077.232          Service concession receivable
            Uang jaminan dalam akun                                                              Security deposits under
               "Aset lancar lain-lain"                        788                   1.768          "Other current assets"
            Setoran jaminan dalam akun                                                           Security deposits under
               "Aset tidak lancar lain-lain"               10.719                  11.342          "Other assets"

       Jumlah                                          5.871.720              6.541.533     Total




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PT MORA TELEMATIKA INDONESIA TBK                                                                                PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                                                 AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                   Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                     For the Years Ended
31 Desember 2025 dan 2024                                                                                                    December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                                                    (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                                                        unless Otherwise Stated)



      Risiko Likuiditas                                                                           Liquidity Risk

      Risiko likuiditas adalah risiko kerugian yang timbul                                        Liquidity risk is a risk arising when the cash flow
      karena Grup tidak memiliki arus kas yang cukup                                              position of the Group is not enough to cover the
      untuk memenuhi liabilitasnya.                                                               liabilities which become due.

      Dalam pengelolaan risiko likuiditas, manajemen                                              In managing the liquidity risk, management monitors
      memantau dan menjaga jumlah kas dan setara kas                                              and maintains a level of cash and cash equivalents
      yang dianggap memadai untuk membiayai                                                       deemed adequate to finance the Group’s operations
      operasional Grup dan untuk mengatasi dampak                                                 and to mitigate the effects of fluctuation in cash
      fluktuasi arus kas. Manajemen juga melakukan                                                flows. Management also regularly evaluates the
      evaluasi berkala atas proyeksi arus kas dan arus                                            projected and actual cash flows, including loan
      kas aktual, termasuk jadwal jatuh tempo utang, dan                                          maturity profiles, and continuously assesses
      terus-menerus melakukan penelaahan pasar                                                    conditions in the financial markets for opportunities
      keuangan untuk mendapatkan sumber pendanaan                                                 to obtain optimal funding sources.
      yang optimal.

      Berikut adalah jadwal jatuh tempo liabilitas                                                The table below summarizes the maturity profile of
      keuangan konsolidasian berdasarkan pembayaran                                               consolidated financial liabilities based on contractual
      kontraktual yang tidak didiskontokan (tidak termasuk                                        undiscounted payments (excluding interest
      pembayaran          bunga)       pada         tanggal                                       payment) as of December 31, 2025 and 2024.
      31 Desember 2025 dan 2024.
                                                                             31 Desember/ December 31, 2025
                                   <= 1 Tahun/       1-2 Tahun/         3-5 Tahun/             > 5 Tahun/            Jumlah/         Nilai Tercatat/
                                    <= 1 Year        1-2 Years          3-5 Years              > 5 Years              Total          As Reported

     Liabilitas                                                                                                                                          Liabilities
       Utang usaha                         347.230                  -                -                         -           347.230             347.230     Trade accounts payable
       Utang lain-lain                     102.042                  -                -                         -           102.042             102.042     Other accounts payable
       Beban akrual                        205.137                  -                -                         -           205.137             205.137     Accrued expenses
       Liabilitas jangka panjang                                                                                                                           Long-term liabilities
          Utang bank                       990.323        1.120.979          1.556.008                 335.615           4.002.925           3.994.718       Bank loans
          Sukuk ijarah                     493.500          293.230             12.350                       -             799.080             796.831       Sukuk Ijarah
          Liabilitas sewa                   36.098           36.798             10.146                  13.567              96.609              96.561       Lease liabilities
          Utang non-bank                    51.892           41.276            250.000                 120.000             463.168             457.233       Non-bank loans

     Jumlah                              2.226.222        1.492.283          1.828.504                 469.182           6.016.191           5.999.752   Total

                                                                           31 Desember/ December 31, 2024
                                   <= 1 Tahun/       1-2 Tahun/         3-5 Tahun/           > 5 Tahun/             Jumlah/          Nilai Tercatat/
                                    <= 1 Year        1-2 Years          3-5 Years            > 5 Years               Total           As Reported


     Liabilitas                                                                                                                                          Liabilities
       Utang usaha                        433.430                 382                -                         -          433.812             433.812      Trade accounts payable
       Utang lain-lain                     92.233                   -                -                         -           92.233              92.233      Other accounts payable
       Beban akrual                       149.649                   -                -                         -          149.649             149.649      Accrued expenses
       Liabilitas jangka panjang                                                                                                                           Long-term liabilities
         Utang bank                     1.446.552        1.277.082          1.616.568                  22.382           4.362.584           4.342.202        Bank loans
         Sukuk ijarah                     142.150          493.500            305.580                       -             941.230             936.169        Sukuk Ijarah
         Liabilitas sewa                   74.093            3.751              2.142                       -              79.986              78.745        Lease liabilities
         Utang non-bank                    31.202           43.051            160.000                 160.000             394.253             388.265        Non-bank loans

     Jumlah                             2.369.309        1.817.766          2.084.290                 182.382           6.453.747           6.421.075    Total




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PT MORA TELEMATIKA INDONESIA TBK                                                                                  PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                                                   AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                     Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                       For the Years Ended
31 Desember 2025 dan 2024                                                                                                      December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                                                      (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                                                          unless Otherwise Stated)



 41.   Segmen Operasi                                                                             41.      Operating Segment
       Grup menjalankan dan mengelola usahanya                                                             The Group operates and maintains its business by
       mengelompokan segmen pasar dalam memenuhi                                                           grouping market segment in order to give a services
       kebutuhan pelanggannya sebagai berikut:                                                             for the customer as follow:
                                                                                              2025
                                                     Telco/            Wholesale/          Retail/            Lainnya/         Konsolidasi/
                                                     Telco             Wholesale           Retail/             Others          Consolidated

       Laporan Laba Rugi dan Penghasilan                                                                                                           Consolidated Statement of Profit or Loss and
         Komprehensif Lain Konsolidasian                                                                                                             Comprehensive Income
       Pendapatan Usaha                                                                                                                            Revenue
         Pendapatan usaha segmen - pihak eksternal        557.248            876.978         1.340.336            1.225.656           4.000.218      Segment sales - external parties

       Beban Segmen                                                                                                                                Segment Expenses
        Beban langsung                                   (494.510)          (446.514)         (414.554)            (277.560)         (1.633.138)     Direct cost

       Laba Kotor                                             62.738         430.464             925.782            948.096           2.367.080    Gross Profit

       Beban usaha yang tidak                                                                                                                      Unallocated
        dapat dialokasikan                                         -                -                  -                  -          (1.247.795)     operating expenses
       Beban lain-lain - bersih yang tidak                                                                                                         Unallocated
        dapat dialokasikan                                         -                -                  -                  -            (438.987)     other expenses - net

       Laba sebelum pajak                                          -                -                  -                  -             680.298    Income before tax
       Beban pajak final                                           -                -                  -                  -              (1.672)   Final tax
       Beban pajak - bersih                                        -                -                  -                  -            (162.770)   Income tax expense

       Laba tahun berjalan                                         -                -                  -                  -             515.856    Profit for the year

       Laporan Posisi Keuangan Konsolidasian                                                                                                       Consolidated Statement of Financial Position

       Aset Segmen                                                                                                                                 Segment Assets
       Piutang usaha                                      316.165            143.295             127.569            119.292             706.321    Trade accounts receivable
       Piutang konsesi jasa                                     -                  -                   -          3.767.551           3.767.551    Service concession receivable
       Aset yang tidak dapat dialokasikan                                                                                                          Unallocated assets
         Aset tetap                                                -                -                  -                  -           8.114.132      Property and equipment
         Aset pajak tangguhan                                      -                -                  -                  -               9.161      Deferred assets
         Lain-lain                                                 -                -                  -                  -           2.163.190      Others

       Jumlah aset                                        316.165            143.295             127.569          3.886.843          14.760.355    Total assets



       Liabilitas Segmen                                                                                                                           Segment Liabilities
       Uang muka penjualan                                         -               -                   -            214.677             214.677    Advance from customers
       Pendapatan ditangguhkan                                58.119         383.092               7.472                  -             448.683    Deferred income
       Liabilitas yang tidak dapat dialokasikan                                                                                                    Unallocated liabilities
         Utang usaha                                               -                -                  -                  -             347.230      Trade accounts payable
         Utang bank                                                -                -                  -                  -           3.994.718      Bank loans
         Sukuk ijarah                                              -                -                  -                  -             796.831      Sukuk ijarah
         Utang non-bank                                            -                -                  -                  -             457.233      Non-bank loans
         Lain-lain                                                 -                -                  -                  -             586.853      Others

       Jumlah liabilitas                                      58.119         383.092               7.472            214.677           6.846.225    Total liabilities




Draft/March 28, 2026                                                                    - 96 -                                                                                             paraf:
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PT MORA TELEMATIKA INDONESIA TBK                                                                                PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                                                 AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                   Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                     For the Years Ended
31 Desember 2025 dan 2024                                                                                                    December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                                                    (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                                                        unless Otherwise Stated)


                                                                                             2024
                                                     Telco/            Wholesale/         Retail/          Lainnya/         Konsolidasi/
                                                     Telco             Wholesale          Retail/           Others          Consolidated

       Laporan Laba Rugi dan Penghasilan                                                                                                        Consolidated Statement of Profit or Loss and
         Komprehensif Lain Konsolidasian                                                                                                          Comprehensive Income
       Pendapatan Usaha                                                                                                                         Revenue
         Pendapatan usaha segmen - pihak eksternal        631.461            803.620        1.111.565          1.431.542           3.978.188      Segment sales - external parties

       Beban Segmen                                                                                                                             Segment Expenses
        Beban langsung                                   (530.694)          (319.284)        (349.192)          (453.185)         (1.652.355)     Direct cost

       Laba Kotor                                         100.767            484.336          762.373            978.357           2.325.833    Gross Profit

       Beban usaha yang tidak                                                                                                                   Unallocated
        dapat dialokasikan                                         -                -                -                 -          (1.259.772)     operating expenses
       Beban lain-lain - bersih yang tidak                                                                                                      Unallocated
        dapat dialokasikan                                         -                -                -                 -            (544.224)     other expenses - net

       Laba sebelum pajak                                          -                -                -                 -             521.837    Income before tax
       Beban pajak final                                           -                -                -                 -                (204)   Final tax
       Beban pajak - bersih                                        -                -                -                 -            (259.065)   Income tax expense

       Laba tahun berjalan                                         -                -                -                 -             262.568    Profit for the year

       Laporan Posisi Keuangan Konsolidasian                                                                                                    Consolidated Statement of Financial Position

       Aset Segmen                                                                                                                              Segment Assets
       Piutang usaha                                      234.533             96.337          108.550            169.170             608.590    Trade accounts receivable
       Piutang konsesi jasa                                     -                  -                -          4.077.232           4.077.232    Service concession receivable
       Aset yang tidak dapat dialokasikan                                                                                                       Unallocated assets
         Aset tetap                                                -                -                -                 -           7.519.995      Property and equipment
         Aset pajak tangguhan                                      -                -                -                 -               9.837      Deferred assets
         Lain-lain                                                 -                -                -                 -           2.438.493      Others

       Jumlah aset                                        234.533             96.337          108.550          4.246.402          14.654.147    Total assets



       Liabilitas Segmen                                                                                                                        Segment Liabilities
       Uang muka penjualan                                         -               -                 -           129.199             129.199    Advance from customers
       Pendapatan ditangguhkan                                66.606         392.331             5.994                 -             464.930    Deferred income
       Liabilitas yang tidak dapat dialokasikan                                                                                                 Unallocated liabilities
         Utang usaha                                               -                -                -                 -             433.812      Trade accounts payable
         Utang bank                                                -                -                -                 -           4.342.202      Bank loans
         Sukuk ijarah                                              -                -                -                 -             936.169      Sukuk ijarah
         Utang non-bank                                            -                -                -                 -             388.265      Non-bank loans
         Lain-lain                                                 -                -                -                 -             569.332      Others

       Jumlah liabilitas                                      66.606         392.331             5.994           129.199           7.263.909    Total liabilities




 42.   Komitmen dan Perjanjian                                                                   42.     Commitments and Agreements

       PT Palapa Ring Barat                                                                              PT Palapa Ring Barat

       Pada bulan Februari 2016, Perusahaan mendirikan                                                   In February 2016, the Company established a
       entitas anak, PT Palapa Ring Barat (PRB) yang                                                     subsidiary, PT Palapa Ring Barat (PRB) to fulfil the
       bertujuan untuk memenuhi persyaratan atas proyek                                                  requirement from the project of Constuction and
       pembangunan dan pengelolaan Jaringan Tulang                                                       Management of Fiber Optic Backbone Palapa Ring
       Punggung (backbone) Serat Optik Palapa Ring                                                       for West Package. PRB started its commercial
       untuk Paket Barat. PRB mulai beroperasi secara                                                    operation in March 2018.
       komersial sejak bulan Maret 2018.




Draft/March 28, 2026                                                                    - 97 -                                                                                        paraf:
Page 342
PT MORA TELEMATIKA INDONESIA TBK                                            PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                             AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                               Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                 For the Years Ended
31 Desember 2025 dan 2024                                                                December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                    unless Otherwise Stated)



      Pada tanggal 29 Februari 2016, PRB dan                          On February 29, 2016, PRB and Ministry of
      Kementerian     Komunikasi     dan    Informatika               Communications and Information Technology
      Republik           Indonesia            (Kominfo)               (Kominfo) signed Cooperation Agreement with
      menandatangani perjanjian kerjasama dengan                      agreement No. 284/M.KOMINFO/HK.03.02/02/2016
      No. 284/M.KOMINFO/HK.03.02/02/2016 dan                          and No. 002/PRB/PD-DIR/II/2016 for the construction
      No.       002/PRB/PD-DIR/II/2016          tentang               and management of fiber optic backbone network of
      pembangunan dan pengelolaan jaringan tulang                     palapa ring western package. PRB is required to
      punggung serat optik palapa ring paket barat.                   build a fiber optic network with a certain capacity to
      PRB diwajibkan untuk membangun jaringan serat                   areas that have been agreed in the agreement and
      optik dengan kapasitas tertentu untuk daerah-                   operate them for a period of 15 years commencing
      daerah yang telah disepakati dalam perjanjian dan               from the Handover Date March 2, 2018 and ending
      mengoperasikannya dengan jangka waktu                           on March 2, 2033.
      15 tahun terhitung sejak tanggal serah terima
      2 Maret 2018 sampai dengan 2 Maret 2033.

      Perjanjian    Kerjasama      ini   akan    berakhir             This agreement will expire in fifteen (15) years from
      lima belas (15) tahun sejak tanggal operasional                 the date of commercial operation, which was
      komersial, yang didahului dengan dua (2) tahun                  preceded by two (2) years of project construction
      masa pembangunan proyek. Nilai total kontrak                    period. The total contract value of this agreement
      atas     perjanjian     ini      adalah    sebesar              amounted to Rp 3,486,383 to be received by PRB in
      Rp 3.486.383 yang akan diterima oleh PRB sesuai                 accordance with the agreed schedule. At the end of
      jadwal yang telah disepakati. Pada saat berakhirnya             the agreement, PRB must transfer the fiber optic
      periode perjanjian ini, PRB harus mengalihkan                   network    to    Kominfo      with     payment      of
      jaringan serat optik tersebut kepada Kominfo                    Rp 1,000 (in Rupiah full amount) to be made by
      dengan pembayaran oleh Kominfo kepada PRB                       Kominfo to the PRB.
      sebesar Rp 1.000 (dalam Rupiah penuh).

      Pada tanggal 29 Februari 2016, PRB selaku Badan                 On February 29, 2016, PRB as a Business Entity
      Usaha Pelaksana (BUP) melakukan perjanjian                      Executive (BUP) performs a guarantee agreement
      penjaminan dengan PT Penjaminan Infrastruktur                   with PT Penjaminan Infrastruktur Indonesia (Persero)
      Indonesia (Persero) (PII) sehubungan dengan                     (PII) in relation to Governments and Enterprises
      Proyek Kerjasama Pemerintah dan Badan Usaha                     Partnership Projects (KPBU) Fiber Optic Backbone
      (KPBU) Jaringan Tulang Punggung Serat Optik                     Network Palapa Ring Western Package (Guarantee
      Palapa Ring untuk Paket Barat (Perjanjian                       Agreement). Under this Guarantee Agreement, PII
      Penjaminan). Dalam Perjanjian Penjaminan, PII                   has been mandated and trusted by the Government
      telah mendapatkan mandat dan amanat dari                        to conduct the infrastructure guarantee in relation to
      Pemerintah untuk melaksanakan penjaminan                        financial obligations of the Partnership Project Owner
      infrastruktur sehubungan dengan kewajiban                       (PJPK) to BUP based on the Cooperation Agreement
      finansial Penanggung Jawab Proyek Kerjasama                     as mentioned above.
      (PJPK) kepada BUP berdasarkan Perjanjian
      Kerjasama tersebut di atas.

      Perjanjian ini akan berakhir dalam waktu                        This agreement will expire in twelve (12) years from
      12 (dua belas) tahun sejak tanggal operasional                  the date of commercial operation. In the Guarantee
      komersial.     Dalam      Perjanjian   Penjaminan,              Agreement, PRB is obliged to pay an upfront fee to
      PRB berkewajiban membayar imbal jasa dimuka                     PII of Rp 4,200 and the recurring fee of
      kepada PII sebesar Rp 4.200 dan imbal jasa                      Rp 600 every six (6) months from the effective date
      penjaminan sebesar Rp 600 setiap enam (6) bulan                 of the agreement until the end of this Guarantee
      sejak tanggal efektif Perjanjian Penjaminan tersebut            Agreement. For the years ended December 31, 2025
      sampai dengan berakhirnya Perjanjian Penjaminan                 and 2024, PRB has made payment to PII both
      ini. Untuk tahun-tahun yang berakhir 31 Desember                amounted to Rp 1,200.
      2025 dan 2024, PRB telah melakukan pembayaran
      kepada PII masing-masing sebesar Rp 1.200.




Draft/March 28, 2026                                         - 98 -                                                   paraf:
Page 343
PT MORA TELEMATIKA INDONESIA TBK                                              PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                               AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                 Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                   For the Years Ended
31 Desember 2025 dan 2024                                                                  December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                  (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                      unless Otherwise Stated)



      PT Palapa Timur Telematika                                        PT Palapa Timur Telematika

      Pada bulan Agustus 2016, Perusahaan mendirikan                    In August 2016, the Company established a
      entitas anak, PT Palapa Timur Telematika (PTT)                    subsidiary, PT Palapa Timur Telematika (PTT) to fulfil
      yang bertujuan untuk memenuhi persyaratan atas                    the requirement from project of Constuction and
      proyek pembangunan dan pengelolaan Jaringan                       Management of Fiber Optic Backbone Palapa Ring
      Tulang Punggung Serat Optik Palapa Ring untuk                     for East Package. PTT started its commercial
      Paket Timur. PTT mulai beroperasi secara                          operation in August 2019.
      komersial sejak bulan Agustus 2019.

      Pada tanggal 29 September 2016, PTT selaku                        On September 29, 2016, the PTT as Implementing
      Badan Usaha Pelaksana (BUP) melakukan                             Business Entity (BUP) entered into an agreement
      perjanjian kerjasama dengan Kominfo sebagai                       with Kominfo as Responsible Project Cooperation
      Penanggung Jawab Proyek Kerjasama (PJPK)                          (PJPK) with No.1425/M.KOMINFO/HK.03.02.09/2016
      dengan No. 1425/M.KOMINFO/HK.03.02.09/2016                        and No. 2901/PTT/PD-DIR/IX 2016 in relation with
      dan No. 2901/PTT/PD-DIR/IX 2016 terkait dengan                    Construction and Management of Fiber Optic
      pembangunan dan pengelolaan Jaringan Tulang                       Backbone Palapa Ring for East Package. The latest
      Punggung Serat Optik Palapa Ring untuk Paket                      amendment       is   based    on      the   Seventh
      Timur.       Perubahan       terakhir     berdasarkan             Amendment to the Cooperation Agreement
      Amandemen Ketujuh Perjanjian Kerjasama                            No.     46/M.KOMINFO/HK.04.02/XI/2019            and
      No.      46/M.KOMINFO/HK.04.02/XI/2019            dan             No.    2201/AMD/PTT-KOMINFO/XI/2019            dated
      No. 2201/AMD/PTT-KOMINFO/XI/2019 tanggal                          November 22, 2019. BUP must build fiber optic
      22 November 2019. BUP diwajibkan untuk                            backbone with a certain capacity for areas as agreed
      membangun jaringan serat optik dengan kapasitas                   in an agreement and operate for 15 years
      tertentu untuk daerah-daerah yang telah disepakati                commencing from the Handover Date of August 29,
      dalam perjanjian dan mengoperasikan dengan                        2019 and ending on August 29, 2034. This
      jangka waktu selama 15 tahun terhitung sejak                      agreement will expire within 15 (fifteen) years from
      tanggal serah terima 29 Agustus 2019 sampai                       the date of commercial operation, which was
      dengan 29 Agustus 2034. Perjanjian ini akan                       preceded by 2 (two) years of construction projects.
      berakhir dalam waktu 15 (lima belas) tahun sejak                  The contract value of this agreement amounted to
      tanggal operasional komersial, yang didahului                     Rp 14,068,866 which will be received by PTT in
      dengan 2 (dua) tahun masa pembangunan proyek.                     accordance with the schedule that has been agreed.
      Nilai total kontrak atas perjanjian ini adalah sebesar            At the end of this agreement, PTT as implementing
      Rp 14.068.866 yang akan diterima oleh PTT sesuai                  business entity should handover the fiber optic
      skedul yang sudah disepakati bersama. Pada saat                   network to PJPK with value of Rp 1,000 (in Rupiah
      berakhirnya periode perjanjian ini, PTT sebagai                   full amount).
      badan pelaksana harus mengalihkan jaringan serat
      optik tersebut kepada PJPK dengan pembayaran
      sebesar Rp1.000 (dalam Rupiah penuh).

      Pada tanggal 29 September 2016, PTT selaku BUP                    On September 29, 2016, PTT as BUP entered into a
      melakukan      perjanjian penjaminan      dengan                  guarantee agreement with the PII for the
      PT Penjaminan Infrastruktur Indonesia (Persero)                   Construction and management of PKBU of Backbone
      (PII) atas pembangunan dan pengelolaan Proyek                     Network Fiber Optic Palapa Ring for East Package.
      Kerjasama Pemerintah dan Badan Usaha (PKBU)                       In this agreement, PII has an instruction from the
      Jaringan Tulang Punggung Serat Optik Palapa Ring                  Government to implement the infrastructure
      untuk Paket Timur. Dalam perjanjian ini, PII telah                assurance in relation with financial obligations of
      mendapatkan mandat dan amanat dari Pemerintah                     PJPK to BUP based on Cooperation Agreement
      untuk melaksanakan penjaminan infrastruktur                       mentioned above.
      sehubungan dengan kewajiban finansial PJPK
      kepada BUP berdasarkan Perjanjian Kerjasama
      tersebut di atas.




Draft/March 28, 2026                                           - 99 -                                                   paraf:
Page 344
PT MORA TELEMATIKA INDONESIA TBK                                                     PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                      AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                        Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                          For the Years Ended
31 Desember 2025 dan 2024                                                                         December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                         (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                             unless Otherwise Stated)



       Perjanjian ini akan berakhir dalam waktu dua belas                      This      agreement        will     expire    within
       (12) tahun sejak tanggal operasional komersial.                          twelve (12) years from the date of commercial
       Dalam Perjanjian ini, PTT berkewajiban membayar                         operation. In this Agreement, PTT is obliged to pay
       imbal jasa dimuka kepada PII sebesar                                    an     upfront    fee   to      PII  amounting     to
       Rp 4.800 dan imbal jasa penjaminan sebesar                              Rp 4,800 and the guarantee services fee amounting
       Rp 2.100 setiap enam (6) bulan sejak tanggal                            to Rp 2,100 for every six (6) months from the
       efektif perjanjian tersebut sampai dengan                               effective date of the agreement until the end of this
       berakhirnya perjanjian penjaminan ini. Untuk tahun-                     agreement.        For      the      years     ended
       tahun yang berakhir 31 Desember 2025 dan 2024,                          December 31, 2025 and 2024, PTT has made
       PTT telah melakukan pembayaran kepada PII                               payment to PII amounted to 4,200 and
       masing-masing sebesar Rp 4.200 dan Rp 2.100.                            Rp 2,100, respectively.


 43.   Perkara Hukum                                                     43.   Legal Matters

       PT Palapa Ring Barat (PRB) – entitas anak                               PT Palapa Ring Barat (PRB) – a subsidiary

       Pada       tanggal     11    Februari      2022,                        On February 11, 2022, PRB, a subsidiary, of the
       PRB, entitas anak, yang merupakan entitas                               Company submitted an arbitration request to the
       anak Perseroan mengajukan permohonan                                    Kominfo as project owner of Development and
       arbitrase kepada Kominfo yang merupakan                                 Management of Palapa Ring Fiber Optic Backbone
       penanggung       jawab`    proyek     kerjasama                         West Package through the Indonesian National
       Pembangunan dan Pengelolaan Jaringan Tulang                             Arbitration Board (BANI) with registration
       Punggung Serat Optik Palapa Ring Paket                                  No. 45016/II/ARB-BANI/2022 dated February 11,
       Barat     selaku   termohon    melalui    Badan                         2022.
       Arbitrase     Nasional    Indonesia     (“BANI”)
       dengan pendaftaran permohonan penyelesaian
       sengketa No.45016/II/ARB-BANI/2022 tanggal
       11 Februari 2022.

       Permohonan penyelesaian sengketa diajukan oleh                          The Resolution letter was submitted by PRB to
       PRB (Pemohon) kepada Kominfo (Termohon)                                 Kominfo related with the dispute of interpretations of
       sehubungan dengan perbedaan penafsiran                                  the provisions in the agreement about Value Added
       ketentuan-ketentuan dalam perjanjian yang                               Tax (PPN) and the difference in the imposition of
       mengatur      mengenai   pengenaan      Pajak                           VAT as a payment of service availability as stated in
       Pertambahan Nilai (PPN) dan perbedaan                                   Attachment 11 of the Cooperation Agreement which
       pengenaan PPN pada nilai Pembayaran                                     signed by PRB and Kominfo.
       Ketersediaan Layanan sebagaimana tercantum
       dalam Lampiran 11 Perjanjian Kerjasama yang
       dibuat antara PRB dan Kemenkominfo.

       Adapun nilai yang menjadi sengketa adalah                               The value of dispute is Rp 105,831 where the value
       sebesar Rp 105.831 dimana nilai tersebut kurang                         is less than 20% of the Company’s consolidated
       dari 20% dari nilai ekuitas Perseroan terkonsolidasi,                   equity value, so that based on the consideration of
       sehingga berdasarkan pertimbangan batasan nilai                         the value limit, the Company’s management opinion
       dimaksud, manajemen Perseroan berpandangan                              the value is immaterial to the Group.
       bahwa nilai yang menjadi sengketa tidak material
       bagi Grup.

       Nilai PPN tersebut di atas seluruhnya telah                             The afore mentioned VAT above has been fully
       dipungut oleh Kominfo, sehingga apabila sengketa                        collected by Kominfo, so if the dispute is won by the
       dimenangkan oleh Kominfo, PRB tidak memiliki                            Kominfo, PRB has no obligation to make payment
       kewajiban pembayaran lagi.                                              anymore.




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Page 345
PT MORA TELEMATIKA INDONESIA TBK                                              PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                               AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                 Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                   For the Years Ended
31 Desember 2025 dan 2024                                                                  December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                  (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                      unless Otherwise Stated)


      Pada tanggal 21 September 2022, BANI                              On September 21, 2022, BANI has released decision
      mengeluarkan surat keputusan No. 45016/II/ARB-                    letter No. 45016/II/ARB-BANI/2022 which stated that
      BANI/2022 dimana PRB telah memenangkan                            PRB has won the dispute of interpretations of the
      sengketa mengenai pengenaan Pajak Pertambahan                     provisions in the agreement about Value Added Tax
      Nilai (PPN) dan perbedaan pengenaan PPN pada                      (PPN) and the difference in the imposition of VAT as
      nilai   Pembayaran     Ketersediaan     Layanan                   a payment of service availability as stated in
      sebagaimana tercantum dalam Lampiran 11                           Attachment 11 of the Cooperation Agreement which
      Perjanjian Kerjasama yang dibuat antara PRB dan                   signed by PRB and Kominfo. In 2024, Bakti has paid
      Kominfo. Pada tahun 2024 bakti sudah                              to PRB based on the decision letter of BANI.
      membayarkan pada PRB atas hasil keputusan
      BANI tersebut.

      PT Palapa Timur Telematika (PTT) – Entitas                        PT   Palapa      Timur     Telematika      (PTT)     -
      Anak                                                              a Subsidiary

      Pada tanggal 12 Desember 2022, PTT, entitas                       On December 12, 2022, PTT, a subsidiary, of the
      anak, yang merupakan entitas anak Perseroan                       Company submitted an arbitration request to the
      mengajukan permohonan arbitrase kepada Kominfo                    Kominfo as project owner of Development and
      yang merupakan penanggung jawab proyek                            Management of Palapa Ring Fiber Optic Backbone
      kerjasama Pembangunan dan Pengelolaan                             East Package through the Indonesian National
      Jaringan Tulang Punggung Serat Optik Palapa Ring                  Arbitration Board (BANI) with registration
      Paket Timur selaku termohon melalui Badan                         No.45102/XII/ARB-BANI/2022 dated December 12,
      Arbitrase Nasional Indonesia (“BANI”) dengan                      2022.
      pendaftaran permohonan penyelesaian sengketa
      No.45102/XII/ARB-BANI/2022               tanggal
      12 Desember 2022.

      Permohonan penyelesaian sengketa diajukan oleh                    The Resolution letter was submitted by PTT to
      PTT (Pemohon) kepada Kominfo (Termohon)                           Kominfo related with the dispute of interpretations of
      sehubungan dengan perbedaan penafsiran                            the provisions in the agreement about Value Added
      ketentuan-ketentuan dalam perjanjian yang                         Tax (PPN) and the difference in the imposition of
      mengatur      mengenai    pengenaan     Pajak                     VAT as a payment of service availability as stated in
      Pertambahan Nilai (PPN) dan perbedaan                             Attachment 11 of the Cooperation Agreement which
      pengenaan PPN pada nilai Pembayaran                               signed by PTT and Kominfo.
      Ketersediaan Layanan sebagaimana tercantum
      dalam Lampiran 11 Perjanjian Kerjasama yang
      dibuat antara PTT dan Kominfo.

      Adapun nilai yang menjadi sengketa            dalah               The value of dispute is Rp 382,152 where the value
      sebesar Rp 382.152 dimana nilai tersebut kurang                   is less than 20% of the consolidated Company’s
      dari 20% dari nilai ekuitas Perseroan terkonsolidasi,             equity value, so that based on the consideration of
      sehingga berdasarkan pertimbangan dalah nilai                     the value limit, the Company’s management opinion
      dimaksud, manajemen Perseroan berpandangan                        the value is immaterial to the Group.
      bahwa nilai yang menjadi sengketa tidak material
      bagi Grup.

      Nilai PPN tersebut di atas seluruhnya telah                       The afore-mentioned VAT above has been fully
      dipungut oleh Kominfo, sehingga apabila sengketa                  collected by Kominfo, so if the dispute is won by the
      dimenangkan oleh Kominfo, PTT tidak memiliki                      Kominfo, PTT has no obligation to make anymore
      kewajiban pembayaran lagi.                                        payment.

      Pada tanggal 15 Juni 2023, BANI mengeluarkan                      On June 15, 2023, BANI has released decision letter
      surat       keputusan      dalam       perkara                    in case no 45102/XII/ARB-BANI/2022 which stated
      nomor 45102/XII/ARB-BANI/2022 dimana PTT telah                    that PTT has won the dispute of interpretations of the
      memenangkan sengketa mengenai pengenaan                           provisions in the agreement about Value Added Tax
      Pajak Pertambahan Nilai (PPN) dan perbedaan                       (PPN) and the difference in the imposition of VAT as
      pengenaan PPN pada nilai Pembayaran                               a payment of service availability as stated in
      Ketersediaan Layanan sebagaimana tercantum                        Attachment 11 of the Cooperation Agreement which
      dalam Lampiran 11 Perjanjian Kerjasama yang                       signed by PTT and Kominfo. In 2024, Bakti has paid
      dibuat antara PTT dan Kominfo. Pada tahun 2024                    to PTT based on the decision letter of BANI.
      bakti sudah membayarkan pada PTT atas hasil
      keputusan BANI tersebut.



Draft/March 28, 2026                                          - 101 -                                                   paraf:
Page 346
PT MORA TELEMATIKA INDONESIA TBK                                                                                                                   PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                                                                                    AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                                                                                      Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                                                                                        For the Years Ended
31 Desember 2025 dan 2024                                                                                                                                       December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                                                                                       (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                                                                                           unless Otherwise Stated)



       Tidak ada tuntutan atau tuduhan yang timbul                                                                                   There are no claims or accusations arising from
       karena pelanggaran hukum dan undang-undang                                                                                    violations of laws and regulations which had a
       yang menumbulkan pengaruh yang cukup besar                                                                                    significant impact on the financial position or results
       terhadap posisi keuangan maupun hasil usaha                                                                                   of operations of the Company for the years ended
       Perusahaan selama periode 31 Desember 2025                                                                                    December 31, 2025 and 2024.
       dan 2024.


 44.   Rekonsiliasi Kewajiban Konsolidasian yang                                                                             44.    Reconciliation of Consolidated Liabilities Arising
       Timbul dari Kegiatan Pendanaan                                                                                               from Financing Activities

       Tabel berikut menjelaskan perubahan pada liabilitas                                                                           The table below details changes in the Group
       Grup yang timbul dari aktivitas pendanaan, yang                                                                               liabilities arising from financing activities, including
       meliputi perubahan terkait kas dan nonkas:                                                                                    both cash and non-cash changes:

                                                                                                                                         2025
                                                                                                                        Perubahan Nonkas/Non-cash Changes
                                                                         Arus kas                  Pergerakan                               Amortisasi
                                             1 Januari/                 pendanaan/                 valuta asing/        Perubahan nilai   biaya transaksi/       Perubahan             31 Desember/
                                             January 1,                 Financing                  Changes in           wajar/Fair value   Amortization of         lainnya/            December 31,
                                                2025                    cash flows              foreign exchange          adjustment     transaction costs      Other changes              2025

       Utang bank                                 4.342.202                   (359.659) *)                         -                 -                17.783              (5.608)              3.994.718    Bank loans

       Liabilitas sewa                               12.205                    (12.205)                            -                 -                     -                    -                      -    Lease liabilities

       Utang non-bank                               388.265                    67.532      *)                    381                 -                 1.055                    -               457.233     Non-bank loans

       Sukuk ijarah                                 936.169                   (142.150)                            -                 -                 3.171                (359)               796.831     Sukuk ijarah

       Jumlah liabilitas dari                                                                                                                                                                               Total liabilities from
         aktivitas pendanaan                      5.678.841                   (446.482)                          381                 -                22.009              (5.967)              5.248.782      financing activities

       *) Arus kas dari utang bank dan utang non-bank merupakan jumlah bersih dari penerimaan dan pembayaran pinjaman pada laporan arus kas konsolidasian/
          The cash flows from bank loans and non-bank loans represent the net amount of proceeds and repayment of borrowings in the consolidated statements of cash flows


                                                                                                                                        2024
                                                                                                                        Perubahan Nonkas/Non-cash Changes
                                                                                Arus kas                      Pergerakan            Amortisasi
                                                     1 Januari/                pendanaan/                     valuta asing/       biaya transaksi/     Perubahan                31 Desember/
                                                     January 1,                Financing                      Changes in           Amortization of       lainnya/               December 31,
                                                       2024                    cash flows                  foreign exchange      transaction costs    Other changes                 2024

       Utang bank                                          4.239.174                       97.253    *)                     -             13.097                (7.322)                   4.342.202   Bank loans


       Liabilitas sewa                                         23.340                     (11.135)                          -                     -                   -                     12.205    Lease liabilities


       Utang non-bank                                         223.195                     167.898    *)                (3.334)                  506                   -                    388.265    Non-bank loans


       Sukuk ijarah                                        1.777.196                    (844.451) *)                        -               4.487               (1.063)                    936.169    Sukuk ijarah

       Jumlah liabilitas dari                                                                                                                                                                         Total liabilities from
         aktivitas pendanaan                               6.262.905                    (590.435)                      (3.334)             18.090               (8.385)                   5.678.841     financing activities

       *) Arus kas dari utang bank, utang non-bank dan sukuk ijarah merupakan jumlah bersih dari penerimaan dan pembayaran pinjaman pada laporan arus kas konsolidasian/
          The cash flows from bank loans, non-bank loans and sukuk ijarah represent the net amount of proceeds and repayment of borrowings in the consolidated statements of cash flows




 45.   Pengungkapan Tambahan Laporan Arus Kas                                                                                45.    Supplemental Disclosure                                    on          Consolidated
       Konsolidasian                                                                                                                Statement of Cash Flows

       Aktivitas investasi Grup yang tidak mempengaruhi                                                                             The following are the noncash investing activities of
       kas dan setara kas adalah sebagai berikut :                                                                                  the Group:

                                                                                                          2025                           2024

       Penambahan aset tetap                                                                                                                                   Additions in property and equipment
         melalui kapitalisasi:                                                                                                                                  through the capitalization of:
           Bunga pinjaman dan biaya sukuk ijarah                                                               28.572                            22.089            Loan interest and cost of sukuk ijarah
           Gaji                                                                                                13.049                             7.108            Salaries




Draft/March 28, 2026                                                                                           - 102 -                                                                                                         paraf:
Page 347
PT MORA TELEMATIKA INDONESIA TBK                                                    PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                                     AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                       Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                         For the Years Ended
31 Desember 2025 dan 2024                                                                        December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                        (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                            unless Otherwise Stated)



 46.   Rencana Penggabungan Usaha                                      46.   Merger Plan

       Pada tanggal 17 Desember 2025, Perusahaan,                            On December 17, 2025, the Company,
       PT Eka Mas Republik (EMR), PT Candrakarya                             PT Eka Mas Republik (EMR), PT Candrakarya
       Multikreasi, PT Gema Lintas Benua dan                                 Multikreasi, PT Gema Lintas Benua and
       PT Innovate Mas Utama telah menandatangani                            PT Innovate Mas Utama signed a Conditional Merger
       Perjanjian Penggabungan Usaha Bersyarat yang                          Agreement, which among other things, establishes
       antara lain menetapkan kesepakatan para pihak                         the agreement of the parties to carry out the Merger
       untuk melakukan Penggabungan Usaha dan syarat                         and the terms and conditions that must be met for the
       dan ketentuan yang harus dipenuhi untuk                               completion of the Merger. The merged Company will
       penyelesaian Penggabungan Usaha. Perusahaan                           be named PT Ekamas Mora Republik Tbk.
       gabungan akan kemudian diberi nama PT Ekamas
       Mora Republik Tbk.

       Berdasarkan struktur transaksi yang direncanakan,                     Under     the     planned    transaction     structure,
       Perusahaan akan bertindak sebagai entitas                             the Company will be the surviving entity, while EMR
       penerima penggabungan (surviving entity),                             will cease to exist as a legal entity status as of the
       sementara EMR akan berakhir status badan                              effective date of the merger.
       hukumnya pada tanggal efektif penggabungan

       Pada tanggal 17 Maret 2026, Perusahaan telah                          On March 17, 2026, the Company obtained an
       memperoleh pernyataan efektif dari Otoritas Jasa                      effective statement from the Financial Services
       Keuangan sehubungan dengan rencana transaksi                          Authority (Otoritas Jasa Keuangan) in relation to the
       penggabungan usaha tersebut.                                          planned merger transaction.

       Berdasarkan Rapat Umum Pemegang Saham Luar                            Based on the Company’s Extraordinary General
       Biasa Perusahaan tanggal 26 Maret 2026, para                          Meeting of Shareholders held on March 26, 2026,
       pemegang saham Perusahaan telah menyetujui                            the Company’s shareholders have approved the
       rencana transaksi penggabungan usaha tersebut.                        planned merger transaction.

       Penggabungan usaha ini diperkirakan akan efektif                      The merger is expected to be effective on April 22,
       pada tanggal 22 April 2026.                                           2026.


 47.   Perubahan Pernyataan Standar Akuntansi                          47.   Changes to Statements of Financial Accounting
       Keuangan dan Interpretasi Standar Akuntansi                           Standards and Interpretations of Financial
       Keuangan                                                              Accounting Standards

       Diterapkan pada tahun 2025                                            Adopted during 2025

       Penerapan amendemen PSAK No. 221, "Pengaruh                           The implementation of amendments to PSAK
       Perubahan Kurs Valuta Asing" terkait kondisi ketika                   No. 221, "The Effect of Changes in Foreign Exchange
       suatu mata uang tidak tertukarkan, yang berlaku                       Rates" regarding to conditions when a currency is not
       efektif 1 Januari 2025 dan relevan bagi Grup, tidak                   exchangeable, which is effective from January 1,
       menyebabkan perubahan material terhadap jumlah-                       2025 and relevant for the Group, had no material
       jumlah yang dilaporkan dalam laporan keuangan                         impact on the amounts reported in the consolidated
       konsolidasian.                                                        financial statements

       Telah diterbitkan namun belum berlaku efektif                         Issued but not yet effective

       Standar baru dan amandemen standar akuntansi                          The new standard and amendments to financial
       keuangan yang telah diterbitkan yang bersifat wajib                   accounting standard issued that are mandatory for
       untuk tahun buku yang dimulai pada atau setelah:                      the financial year beginning or after:

       1 Januari 2026                                                        January 1, 2026

       -   Amandemen PSAK No. 109, “Instrumen                                -   Amendment to PSAK No. 109, “Financial
           Keuangan” dan PSAK No. 107, “Instrumen                                Instruments” and PSAK No. 107, “Financial
           Keuangan: Pengungkapan” tentang klasifikasi                           Instruments: Disclosure” about classification and
           dan pengukuran instrumen keuangan.                                    measurement of financial instruments.




Draft/March 28, 2026                                         - 103 -                                                          paraf:
Page 348
PT MORA TELEMATIKA INDONESIA TBK                                              PT MORA TELEMATIKA INDONESIA TBK
DAN ENTITAS ANAK                                                                               AND ITS SUBSIDIARIES
Catatan atas Laporan Keuangan Konsolidasian                                 Notes to Consolidated Financial Statements
Untuk Tahun-tahun yang Berakhir                                                                   For the Years Ended
31 Desember 2025 dan 2024                                                                  December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah,                                  (Figures are Presented in Millions Rupiah,
kecuali Dinyatakan Lain)                                                                      unless Otherwise Stated)



      -   Amendemen PSAK No. 109, “Instrumen                           -   Amendment to PSAK No. 109, “Financial
          Keuangan” dan PSAK No. 107, “Instrumen                           Instruments” and PSAK No. 107, “Financial
          Keuangan: Pengungkapan” tentang kontrak                          Instruments: Disclosure” about contracts
          yang mengacu pada listrik bergantung alam.                       referencing nature-dependent electricity.

      -   Amendemen PSAK No. 338, “Kombinasi Bisnis                    -   Amendment to PSAK No. 338, ‘Business
          Entitas Sepengendali” terkait perubahan rujukan                  Combinations of Entities Under Common
          pengukuran bisnis alihan dan penyajian                           Control,’ regarding changes in the reference for
          informasi prakombinasi bisnis dalam kondisi                      measuring transferred businesses and the
          tidak praktis.                                                   presentation of pre-combination information when
                                                                           impracticable.

      1 Januari 2027                                                   January 1, 2027

      -   PSAK No. 118, “Penyajian dan Pengungkapan                    -   PSAK No. 118, “Presentation and Disclosure of
          dalam Laporan Keuangan”.                                         Financial Statements”.

      Sampai dengan tanggal otorisasi atas laporan                     As at the authorisation date of these consolidated
      keuangan konsolidasian, Grup masih mempelajari                   financial statements, the Group is still evaluating the
      dampak yang mungkin timbul dari penerapan                        potential impact from the implementation of the new
      standar baru dan amandemen terhadap laporan                      standard and amendments on the Group’s
      keuangan konsolidasian Grup.                                     consolidated financial statements.



                                                            ********




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PT MORA TELEMATIKA INDONESIA TBK                                                                                          PT MORA TELEMATIKA INDONESIA TBK
Laporan Posisi Keuangan Entitas Induk *)                                                                      Parent Entity's Statements of Financial Position *)
31 Desember 2025 dan 2024                                                                                                           December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah kecuali Dinyatakan Lain)                          (Figures are Presented in Millions Rupiah, unless Otherwise Stated)


                                                              2025                   2024


ASET                                                                                                      ASSETS


ASET LANCAR                                                                                               CURRENT ASSETS
Kas dan setara kas                                               379.983                665.410           Cash and cash equivalents
Aset pengampunan pajak                                               100                    100           Tax amnesty assets
Piutang usaha                                                                                             Trade accounts receivable
    Pihak berelasi - setelah dikurangi
        penyisihan kerugian penurunan                                                                         Related parties - net of allowance
        masing-masing sebesar Rp 1.643                                                                           for doubtful accounts of Rp 1,643
        dan Rp 1.134 pada tanggal                                                                                 and Rp 1,134 as of December 31, 2025
        31 Desember 2025 dan 2024                                149.191                    11.786                and 2024, respectively
    Pihak ketiga - setelah dikurangi
        penyisihan kerugian penurunan                                                                         Third parties - net of allowance
        masing-masing sebesar Rp 31.811                                                                          for doubtful accounts of Rp 31,811
        dan Rp 29.580 pada tanggal                                                                               Rp 29,580 as of December 31, 2025
        31 Desember 2025 dan 2024                                409.011                301.590                   and 2024, respectively
Piutang lain-lain                                                      3.370                 4.628        Other accounts receivable
Uang muka                                                              8.563                22.607        Advances
Biaya dibayar dimuka                                                  30.856                25.255        Prepaid expenses
Pajak dibayar dimuka                                                  40.419                 2.212        Prepaid taxes
Aset lancar lain-lain                                            292.701                189.820           Others Current Assets

Jumlah Aset Lancar                                              1.314.194             1.223.408           Total Current Assets


ASET TIDAK LANCAR                                                                                         NONCURRENT ASSETS
Biaya dibayar dimuka                                                  21.526                11.737        Prepaid expenses
Piutang kepada pihak berelasi                                    760.216                950.216           Due from related parties
Investasi pada entitas anak                                      133.975                133.975           Investment in subsidiaries
Aset tetap - setelah dikurangi                                                                            Property and equipment - net of
    akumulasi penyusutan masing-masing                                                                        accumulated depreciation of
    sebesar Rp 1.286.708 dan                                                                                  Rp 1,286,708 and Rp 603,085
    Rp 603.085 pada tanggal                                                                                   as of December 31, 2025
    31 Desember 2025 dan 2024                                   7.957.432             7.245.689               and 2024, respectively
Aset pengampunan pajak - setelah dikurangi                                                                Tax amnesty asset - net of
    akumulasi penyusutan masing-masing                                                                        accumulated depreciation of Rp 1,194
    sebesar Rp 1.194 dan                                                                                      and Rp 1,063 as of
    Rp 1.063 pada tanggal                                                                                     December 31, 2025
    31 Desember 2025 dan 2024                                          1.727                 1.859            and 2024, respectively
Aset tidak berwujud - setelah dikurangi                                                                   Intangible assets - net of
    akumulasi amortisasi sebesar                                                                              accumulated amortization of
    Rp 56.471 dan Rp 36.671                                                                                   Rp 56,471 and Rp 36,671
    pada tanggal 31 Desember 2025                                                                             as of December 31, 2025
    dan 2024                                                          50.422                 8.841            and 2024, respectively
Aset hak-guna - setelah dikurangi                                                                         Right-of-use assets - net of
    akumulasi penyusutan masing-masing                                                                        accumulated depreciation of
    sebesar Rp 213.970 dan                                                                                    Rp 213,970 and Rp 122,266
    Rp 122.266 pada tanggal                                                                                   as of December 31, 2025
    31 Desember 2025 dan 2024                                    108.443                102.035               and 2024, respectively
Aset lain-lain                                                         2.411                 3.321        Other assets

Jumlah Aset Tidak Lancar                                        9.036.152             8.457.673           Total Noncurrent Assets

JUMLAH ASET                                                    10.350.346             9.681.081           TOTAL ASSETS




*) Investasi pada entitas anak disajikan menggunakan metode biaya.                            *) Investment in subsidiaries are presented using cost method.

                                                                               i.1
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PT MORA TELEMATIKA INDONESIA TBK                                                                                         PT MORA TELEMATIKA INDONESIA TBK
Laporan Posisi Keuangan Entitas Induk *)                                                                      Parent Entity's Statements of Financial Position *)
31 Desember 2025 dan 2024                                                                                                           December 31, 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah kecuali Dinyatakan Lain)                          (Figures are Presented in Millions Rupiah, unless Otherwise Stated)


                                                              2025                   2024


LIABILITAS DAN EKUITAS                                                                                    LIABILITIES AND EQUITY


LIABILITAS LANCAR                                                                                         CURRENT LIABILITIES
Utang usaha                                                                                               Trade accounts payable
   Pihak berelasi                                                     57.344                36.286            Related parties
   Pihak ketiga                                                  226.700                205.353               Third parties
Utang lain-lain                                                                                           Other accounts payable
   Pihak ketiga                                                       84.215                87.578            Third parties
Utang pajak                                                            8.100                 7.372        Taxes payable
Beban akrual                                                          45.190                43.113        Accrued expenses
Uang muka penjualan                                                        -                 6.752        Advances from customer
Bagian liabilitas jangka panjang yang akan                                                                Current portion of
   jatuh tempo dalam waktu satu tahun:                                                                        long term-liabilities:
   Utang Bank                                                    365.056                809.058               Bank Loans
   Sukuk ijarah                                                  492.419                141.725               Sukuk ijarah
   Liabilitas sewa                                                    28.427                69.095            Lease liabilities
   Utang non-bank                                                     51.892                31.202            Non-bank loans
Pendapatan ditangguhkan                                               38.062                43.238        Deferred Income

Jumlah Liabilitas Lancar                                        1.397.405             1.480.772           Total Current Liabilities

LIABILITAS TIDAK LANCAR                                                                                   NONCURRENT LIABILITIES
Utang usaha - pihak ketiga                                             -                       381        Trade account payable - third parties
Liabilitas pajak tangguhan                                        20.831                    32.898        Deferred tax liabilities
Uang muka penjualan                                              153.557                    45.952        Advances from customers
Liabilitas jangka panjang
    setelah dikurangi bagian yang                                                                         Long-term liabilities net of
    jatuh tempo dalam satu tahun:                                                                            current portion:
   Utang bank                                                   2.715.232             1.964.960               Bank Loans
   Sukuk ijarah                                                   304.412               794.444               Sukuk ijarah
   Liabilitas sewa                                                    30.166                 1.694            Lease liabilities
   Utang non-bank                                                405.341                357.063              Non-bank loans
Pendapatan ditangguhkan                                          282.429                290.815           Deferred Income
Liabilitas imbalan pasca kerja                                        87.086                71.794        Post-employment benefits liability

Jumlah Liabilitas Tidak Lancar                                  3.999.054             3.560.001           Total Noncurrent Liabilities

JUMLAH LIABILITAS                                               5.396.459             5.040.773           TOTAL LIABILITIES

EKUITAS                                                                                                   EQUITY
Modal Saham                                                                                               Capital Stock
   Modal dasar - 32.668.308.891 saham                                                                        Authorized - 32,668,308,891 shares with
       nilai nominal Rp 100 (dalam Rupiah penuh)                                                                  nominal value Rp 100 (In Rupiah full amount)
       Modal ditempatkan dan disetor -                                                                            Issued and fully paid -
       23.646.668.691 saham                                     2.364.667             2.364.667                   23,646,668,691 shares
Tambahan modal disetor                                            726.236               726.236           Additional paid-in capital
Surplus revaluasi aset                                            245.299               315.187           Revaluation surplus of property and equipment
Komponen ekuitas lainnya                                               1.141                 1.141        Others equity component
Saldo laba                                                                                                Retained earnings
   Ditentukan penggunaannya                                           63.750                62.750            Appropriated
   Belum ditentukan penggunaannya                               1.552.794             1.170.327               Unappropriated

Jumlah Ekuitas                                                  4.953.887             4.640.308           Total Equity

JUMLAH LIABILITAS DAN EKUITAS                                  10.350.346             9.681.081           TOTAL LIABILITIES AND EQUITY




*) Investasi pada entitas anak disajikan menggunakan metode biaya.                            *) Investment in subsidiaries are presented using cost method.


                                                                               i.2
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PT MORA TELEMATIKA INDONESIA TBK                                                                                      PT MORA TELEMATIKA INDONESIA TBK
Laporan Laba Rugi dan Penghasilan Komprehensif Lain                                                        Parent Entity's Statements of Financial Position *)
Entitas Induk *)                                                                                                               Others Comprehensive Income *)
Untuk Tahun-tahun yang Berakhir 31 Desember 2025 dan 2024                                                 For the Years Ended December 31 , 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah kecuali Dinyatakan Lain)                      (Figures are Presented in Millions Rupiah, unless Otherwise Stated)


                                                                 2025                 2024

PENDAPATAN                                                            2.716.145         2.557.819      REVENUES

BEBAN LANGSUNG                                                    (1.403.670)          (1.256.833)     DIRECT COSTS

LABA KOTOR                                                            1.312.475         1.300.986      GROSS PROFIT

BEBAN USAHA                                                            (716.705)         (670.731)     OPERATING EXPENSES

LABA USAHA                                                             595.770           630.255       INCOME FROM OPERATIONS

PENGHASILAN (BEBAN) LAIN-LAIN                                                                          OTHER INCOME (EXPENSES)
Penghasilan bunga                                                        21.771            23.164      Interest income
Laba selisih kurs - bersih                                               34.462             5.190      Gain on foreign exchange - net
Rugi pelepasan atau penjualan aset tetap                                 (1.442)           (3.343)     Loss on sale and disposal of property and equipment
Beban bunga dan keuangan                                               (385.520)         (401.962)     Interest expense and financial charges
Lain-lain-bersih                                                        110.621            30.607      Others-net

Beban Lain-Lain - Bersih                                              (220.108)          (346.344)     Other Expenses - Net


LABA SEBELUM PAJAK                                                     375.662           283.911       PROFIT BEFORE TAX

BEBAN (PENGHASILAN) PAJAK                                                                              TAX EXPENSE (BENEFIT)
  Pajak kini                                                            66.339               64.096      Current tax
  Pajak tangguhan                                                       (4.077)              (2.945)     Deferred tax

BEBAN PAJAK - Bersih                                                    62.262               61.151    TAX EXPENSE - Net

LABA TAHUN BERJALAN                                                    313.400           222.760       PROFIT FOR THE YEAR


PENGHASILAN (RUGI) KOMPREHENSIF LAIN                                                                   OTHER COMPREHENSIVE INCOME (LOSS)
                                                                                                       Items that will not be reclassified
Pos yang tidak akan direklasifikasi ke laba rugi                                                          subsequently to profit or loss
   Pajak tangguhan atas revaluasi aset tetap                              6.271              (9.891)      Deferred tax on asset revaluation
   Pengukuran kembali liabilitas imbalan pasti                           (7.810)              2.611       Remeasurement of defined benefit liability
   Keuntungan revaluasi aset tetap                                          -            186.518          Gain on revaluation of fixed asset
   Pajak sehubungan dengan pos yang                                                                       Tax relating to item that will not be
       tidak akan direklasifikasi                                         1.718                (574)          reclassified

   Jumlah                                                                  179           178.664          Total

JUMLAH PENGHASILAN KOMPREHENSIF                                        313.579           401.424       TOTAL COMPREHENSIVE INCOME




*) Investasi pada entitas anak disajikan menggunakan metode biaya.                     *) Investment in subsidiaries are presented using cost method.


                                                                                i.3
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PT MORA TELEMATIKA INDONESIA TBK                                                                                                                                                                                                                                   PT MORA TELEMATIKA INDONESIA TBK
Laporan Perubahan Ekuitas Entitas Induk *)                                                                                                                                                                                                               Parent Entity's Statements of Financial Position *)
Untuk Tahun-tahun yang Berakhir 31 Desember 2025 dan 2024                                                                                                                                                                                               For the Years Ended December 31 , 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah kecuali Dinyatakan Lain)                                                                                                                                                                    (Figures are Presented in Millions Rupiah, unless Otherwise Stated)
                                                                                                                    Surplus Revaluasi
                                                                                             Tambahan                     Aset/                   Saldo Laba/ Retained Earnings              Komponen Ekuitas    Jumlah
                                                                                           Modal disetor/          Revaluation Surplus          Ditentukan           Belum Ditentukan            lainnya/        Ekuitas/
                                                                      Modal Saham/        Additional paid in        on Property and           Pengunaannya/           Pengunaannya/            Others Equity      Total
                                                                      Capital Stock            Capital                 Equipment               Appropriated           Unappropriated            Component        Equity
Saldo Pada tanggal 1 Januari 2024                                            2.364.667                726.236                     218.574               61.750                    866.516               1.141         4.238.884         Balance as of January 1, 2024
Penghasilan komprehensif                                                                                                                                                                                                                Total comprehensive income
   Laba tahun berjalan                                                                -                        -                          -                   -                   222.760                    -          222.760             Profit for the year
   Penghasilan komprehensif lain-lain                                                                                                                                                                                                       Other comprehensive income
       Keuntungan revaluasi aset tetap                                                -                        -                  186.518                     -                         -                    -          186.518                 Gain from fixed assets revaluation
       Dampak pajak atas revaluasi aset tetap                                         -                        -                   (9.891)                    -                         -                    -           (9.891)                Tax effect of revaluation property and equipment
       Pengukuran kembali liabilitas imbalan                                                                                                                                                                                                    Remeasurement of long-term employee
            kerja jangka panjang - bersih                                             -                        -                          -                   -                     2.037                    -              2.037                     benefits liability - net
Jumlah Penghasilan Komprehensif                                                       -                        -                  176.627                     -                   224.797                    -          401.424         Total comprehensive income
Transfer surplus revaluasi aset tetap ke saldo laba                                   -                        -                  (80.014)                   -                     80.014                    -                     -    Transfer from revaluation surplus to retained earnings
Pembentukan cadangan umum                                                             -                        -                        -                1.000                     (1.000)                   -                     -    Appropriation for general reserve
Saldo Pada tanggal 31 Desember 2024                                          2.364.667                726.236                     315.187               62.750                1.170.327                  1.141        4.640.308         Balance as of December 31, 2024
Penghasilan komprehensif                                                                                                                                                                                                                Total comprehensive income
   Laba tahun berjalan                                                                -                        -                          -                   -                   313.400                    -          313.400             Profit for the year
    Laba komprehensif lain                                                                                                                                                                                                                  Other comprehensive income
       Dampak pajak atas keuntungan                                                                                                                                                                                                             Tax effect of surplus on revaluation
            revaluasi aset tetap                                                      -                        -                    6.271                     -                         -                    -              6.271                   property and equipment
       Pengukuran kembali liabilitas imbalan                                                                                                                                                                                                    Remeasurement of long-term
           kerja jangka panjang - bersih                                              -                        -                      -                       -                    (6.092)                   -              (6.092)                 employee benefits liability - net
Jumlah Penghasilan Komprehensif                                                       -                        -                    6.271                     -                   307.308                    -          313.579         Total comprehensive income
Transfer surplus revaluasi aset tetap ke saldo laba                                   -                        -                  (76.159)                   -                     76.159                    -                 -        Transfer from revaluation surplus to retained earnings
Pembentukan cadangan umum                                                             -                        -                        -                1.000                     (1.000)                   -                 -        Appropriation for general reserve
Saldo Pada tanggal 31 Desember 2025                                          2.364.667                726.236                     245.299               63.750                1.552.794                 1.141         4.953.887         Balance as of December 31, 2025
*) Investasi pada entitas anak disajikan menggunakan metode biaya.                                                                                                                                                                     *) Investment in subsidiaries are presented using cost method.
                                                                                                                                                  i.4
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PT MORA TELEMATIKA INDONESIA TBK                                                                                  PT MORA TELEMATIKA INDONESIA TBK
Laporan Arus Kas Entitas Induk                                                                           Parent Entity's Statements of Financial Position *)
Untuk Tahun-tahun yang Berakhir 31 Desember 2025 dan 2024                                               For the Years Ended December 31 , 2025 and 2024
(Angka-angka Disajikan dalam Jutaan Rupiah kecuali Dinyatakan Lain)                    (Figures are Presented in Millions Rupiah, unless Otherwise Stated)



                                                                 2025              2024

ARUS KAS DARI AKTIVITAS OPERASI                                                                    CASH FLOWS FROM OPERATING ACTIVITIES
Penerimaan kas dari pelanggan                                     2.495.591         2.593.299      Cash receipts from customers
Pembayaran kas kepada pemasok                                      (771.010)         (650.794)     Cash paid to suppliers
Pembayaran kas kepada karyawan                                     (307.443)         (215.944)     Cash paid to employees

Kas dihasilkan dari operasi bersih                                1.417.138         1.726.561      Net cash generated from operations
Penerimaan bunga                                                     21.771            23.148      Interest received
Penerimaan dari klaim asuransi                                          334               381      Cash Receipt from Insurance Claim
Pembayaran pajak penghasilan                                        (91.483)          (80.941)     Income tax paid
Pembayaran bunga dan beban keuangan                                (382.595)         (420.137)     Interest and financial charges paid

Kas Bersih Diperoleh dari Aktivitas Operasi                           965.165       1.249.012      Net Cash Provided by Operating Activities

ARUS KAS DARI AKTIVITAS INVESTASI                                                                  CASH FLOWS FROM INVESTING ACTIVITIES
Penerimaan dividen                                                   112.746                -      Dividends received
Hasil penjualan aset tetap                                             2.682            8.936      Proceeds from sale of property and equipment
Pencairan aset yang dibatasi penggunaannya                                 -           19.000      Withdrawal of restricted assets
Perolehan aset tak berwujud                                          (61.381)         (15.572)     Acquisitions of intangible assets
Perolehan aset lain-lain                                            (158.385)         (61.898)     Acquisitions of other assets
Perolehan aset tetap                                              (1.359.992)        (867.348)     Acquisitions of property and equipment

Kas Bersih Digunakan untuk Aktivitas Investasi                    (1.464.330)        (916.882)     Net Cash Used in Investing Activities

ARUS KAS DARI AKTIVITAS PENDANAAN                                                                  CASH FLOWS FROM FINANCING ACTIVITIES
Penerimaan dari:                                                                                   Proceeds from:
   Utang bank                                                     3.342.288         1.266.578         Bank loans
   Utang non-bank                                                   100.000           200.000         Non-bank loans
   Penerbitan sukuk ijarah                                                -           277.649         Issuance of sukuk ijarah
Pembayaran:                                                                                        Payment of:
   Liabilitas sewa                                                   (12.191)          (10.981)       Lease liabillities
   Utang non-bank                                                    (32.469)          (32.102)       Non-bank loans
   Sukuk ijarah                                                     (142.150)       (1.122.100)       Sukuk ijarah
   Utang bank                                                     (3.043.313)         (775.736)       Bank loans

Kas Bersih Diperoleh (Digunakan) dari Aktivitas Pendanaan             212.165        (196.692)     Net Cash Provided by (Used in) Financing Activities

KENAIKAN (PENURUNAN) BERSIH KAS DAN                                                                NET INCREASE (DECREASE) IN CASH AND
  SETARA KAS                                                          (287.000)       135.437        CASH EQUIVALENTS

Selisih transaksi dalam mata uang asing                                  1.573            (888)    Effect of changes in foreign exchange rates

                                                                                                   CASH AND CASH EQUIVALENTS
KAS DAN SETARA KAS AWAL TAHUN                                         665.410         530.861        AT THE BEGINNING OF THE YEAR

                                                                                                   CASH AND CASH EQUIVALENTS
KAS DAN SETARA KAS AKHIR TAHUN                                        379.983         665.410        AT THE END OF THE YEAR




*) Investasi pada entitas anak disajikan menggunakan metode biaya.                 *) Investment in subsidiaries are presented using cost method.

                                                                             i.5
Page 354
2025                   Laporan Tahunan
                       Annual Report




PT Mora Telematika Indonesia Tbk
Grha 9
Jalan Penataran No. 9, Kelurahan Pegangsaan,
Kecamatan Menteng, Jakarta Pusat, 10320, Indonesia.

Tel.  : (+62 21) 3199 8600
Fax.  : (+62 21) 314 2882
Email : corsec@morarepublic.co.id

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Names mentioned 170 people and organisations named in the text · linked when the evidence is strong

linked org Mora Telematika Indonesia Tbk. p.1 ×547
linked org Jakarta Selatan, DKI Jakarta p.9 ×2
linked person Jimmy Kadir · President Director p.25 ×21
linked person Indra Nathan Kusnadi · President Commissioner p.39 ×16
linked person Karim Panjaitan · Commissioner p.48 ×11
linked person Kanaka Puradiredja · Commissioner p.48 ×16
linked person Genta Andhika Putra · President Director p.48 ×20
linked person Menteng, Jakarta Pusat p.52
linked org PT Jejaring Mitra Persada p.57 ×3
linked person Michael C. McPhail · Director p.67 ×3
linked org Inti Bangun Sejahtera p.73 ×3
linked org ABM Investama p.73
linked org Astra Otoparts Tbk p.73 ×10
linked person M. Arsjad Rasjid P.M. · Commissioner p.87
linked person Marlo Budiman · Commissioner p.87
linked person Handhianto S. Kentjono · Commissioner p.87
linked person Yopie Widjaja · Director p.87
linked person Hendra Gunawan · Director p.87
linked person Edward Sanusi · Director p.87
linked person Melanie Dwita Maharani · Director p.87
linked person Edward Anwar · Director p.87
linked org XL Axiata Tbk p.89 ×10
linked org PT XLSMART Telecom p.100
linked org Ketrosden Triasmitra Tbk p.102 ×2
linked org Bakti Taruna Sejati p.102
linked — Inovasi Mas Mobilitas p.102
linked person Glory Palmy Simanjuntak p.102
linked org Bank KB Indonesia Tbk p.107 ×2
linked org Bank Permata p.160
possible org Bursa Efek Indonesia p.21 ×4
possible org PT Gema Lintas Benua p.52 ×10
possible person Aulia S.H. · Notaris p.60
possible person Drs. Mulyadi p.67 ×2
possible — Beliau · Direktur Utama p.73
possible org Inti Bangun Sejahtera Sejahtera Tbk p.73 ×2
possible org ABM ABM Investama Tbk p.73 ×2
possible org PT Mora p.73 ×8
possible person Iman Syahrizal · Director p.87
possible org Mora Mora Telematika Indonesia Tbk p.91 ×2
possible org Otoritas Jasa Keuangan p.94 ×9
possible org PT Candrakarya p.100 ×2
possible person Farida Bau p.102 ×4
possible — Central Business p.107
unresolved org PT Mora Pengelolaan p.9
unresolved org Telematika Indonesia Tbk p.9 ×7
unresolved org PT Mora Telematika p.9 ×13
unresolved org Indonesia Tbk p.9 ×13
unresolved org BSI Assurance UK Limited p.9 ×5
unresolved org Kementerian Ketenagakerjaan Republik Indonesia p.11
unresolved org Ministry of Manpower p.11
unresolved org Indonesia Stock Exchange p.21 ×3
unresolved org Pusat Statistik p.26 ×2
unresolved org PT Eka Mas Republik p.34 ×5
unresolved org Ekamas Mora Republik Tbk. p.34 ×15
unresolved org Financial Services Authority p.35 ×10
unresolved org PT Eka Mas p.41 ×2
unresolved person Reflecting · Komisaris p.41
unresolved person Vice · President Director p.48 ×2
unresolved org PT Candrakarya Multikreasi p.52 ×10
unresolved person KH Abdullah Syafei p.52
unresolved org Menteri Kehakiman dan Hak Asasi Manusia Republik Indonesia p.55
unresolved person Notary Daniel Parganda Marpaung · Notaris p.55 ×2
unresolved org Minister of Justice and Human Rights p.55
unresolved org PT Palapa Ring Barat p.56 ×13
unresolved org PT Palapa Timur Telematika p.56 ×8
unresolved org PT Indo Pratama Teleglobal p.56 ×8
unresolved person Taufani p.60 ×4
unresolved org Kementerian Hukum Republik Indonesia p.60
unresolved org Ministry of Law p.60
unresolved person CSBO · Direktur Utama p.66
unresolved org PT Kreasi Teknologi p.73
unresolved org PT Kreasi Teknologi Solusindo p.73 ×3
unresolved person Solusindo · Direktur p.73
unresolved org PT Oxygen Infrastruktur Indonesia p.73 ×12
unresolved org PT Oxygen p.73 ×12
unresolved org PT Oxygen Multimedia Indonesia p.73 ×9
unresolved org PT Sejahtera. p.73 ×3
unresolved org PT Oxygen Infrastruktur Infrastruktur Indonesia p.73
unresolved org PT Oxygen Multimedia p.73 ×3
unresolved org PT Inovasi Mitra Sejahtera p.73 ×2
unresolved org PT Tunas Citra Persada p.73 ×3
unresolved org PT Inti Bangun p.73 ×2
unresolved org Kantor Akuntan Publik AK p.73
unresolved org Investama Tbk p.73
unresolved org PT Gemala Kempa p.73
unresolved org PT Gemala Kempa Daya Daya p.73
unresolved org PT Astra p.73 ×2
unresolved org Otoparts Tbk p.73 ×2
unresolved org PT Astra Komponen p.73
unresolved org PT Astra Komponen Indonesia p.73
unresolved — Concurrent Positions Selain · Wakil Direktur Utama p.75
unresolved org PT Palapa Timur p.75 ×2
unresolved org PT Palapa Ring p.75 ×4
unresolved person Panjaitan · Commissioner p.79
unresolved — Concurrent Positions Menjabat · Anggota p.81 ×2
unresolved org Equity Partner Adnan Buyung Nasution & Partners p.81
unresolved org Adnan Buyung Nasution & Partners p.81 ×4
unresolved org PT Palapa Barat p.81
unresolved org PT Oxygen Multimedia Indonesia. Pengalaman Kerja p.81
unresolved org PT Bali Towerindo p.81
unresolved org Bali Sentra Tbk p.81 ×2
unresolved org Towerindo Sentra Tbk p.81
unresolved org Albert Hasibuan & Rekan p.81
unresolved org Albert Hasibuan & Partners p.81
unresolved org PT Global Visi Vindici p.83 ×3
unresolved org PT Petro Niaga Sukses. p.83 ×3
unresolved org PT Petro Niaga Sukses. Pengalaman Kerja p.83
unresolved org PT Oxygen Infrastruktur p.83
unresolved org Directorate General of Post p.83 ×3
unresolved org Ministry of Communication p.83 ×3
unresolved org Kementerian Perhubungan p.83
unresolved org Directorate General of Post and Telecommunications p.83
unresolved org Ministry of Transportation p.83
unresolved org Direktorat Jenderal Pengawasan p.85
unresolved org Directorate General of State Financial Keuangan Negara p.85
unresolved org Departemen Keuangan p.85
unresolved org Ministry of Finance p.85
unresolved person Independence Statement · Komisaris Independen p.86
unresolved person Timotius M. Sulaiman · President Director p.87 ×2
unresolved person Resi Y. Bramani · Director p.87
unresolved org PT Axis Telekom p.89
unresolved org PT Axis Telekom Indonesia p.89
unresolved — BACKGROUND Beliau · Sekretaris Perusahaan p.93
unresolved org Kantor Notaris Misahardi Wilamarta p.93
unresolved org PT Kriling Penjamin Efek Indonesia p.95
unresolved org KPEI p.95 ×2
unresolved org PT Kriling Indonesian p.95
unresolved org Securities Guarantee Corporation p.95
unresolved org Online Reporting Forms p.95
unresolved org PT Gema Lintas p.100
unresolved — Annual Report 2025 p.101
unresolved org PT Indo Pratama Teleglobal TBS p.102
unresolved org PT Oxygen Multimedia Indonesia TCP p.102
unresolved org Moratel International Pte. Ltd. p.102
unresolved org PT Infrastruktur Bisnis Sejahtera p.102
unresolved org PT Bakti Taruna Sejati KT p.102
unresolved org PT Bakti Taruna Sejahtera p.102
unresolved org PT Taruna Bina Sejahtera p.102
unresolved org PT Inovasi Mas Mobilitas PRB p.102
unresolved org PT Candrakarya Utama p.103
unresolved org PT Gema Lintas Benua. Entitas Anak p.103
unresolved org Operational Singapore Ltd. p.103
unresolved org PT Indo Pratama p.104
unresolved org Kantor Akuntan Publik Information p.106
unresolved org Moore Global Network Limited p.106 ×9
unresolved org PT Pemeringkat Efek Indonesia p.107
unresolved org PT Kustodian Sentral Efek Indonesia p.107
unresolved org PT Kustodian Sentral Efek Indonesia Equity Tower p.107
unresolved person Notary Aulia Taufani · Notaris p.107 ×16
unresolved person H. Menara Sudirman p.107
unresolved org PT Eka Mas Republik Republik p.141
unresolved org Kantor Akuntan Publik Mirawati Sensi Idris p.150 ×6
unresolved person Aulia Aulia Taufani · Notaris p.151
unresolved org Kantor Akuntan Publik Independen p.155
unresolved person Joint Meetings · Komisaris p.159
unresolved person Regulation · Komisaris p.159
unresolved org PT Mora Telematika Solusi Terpadu p.160
unresolved org PT Tri Kreasi Mandiri Jaringan Bisnis p.160
unresolved person Aston Ballroom · President Director p.160 ×2
unresolved person Inspiring Connectivity · Wakil Direktur Utama p.160 ×2
unresolved org ZTE Corporation p.160 ×2
unresolved person Workshop · President Director p.160 ×2
unresolved org Bank Syariah Growth p.161
unresolved person Shangrila · President Director p.161 ×2
unresolved org Bank Navigating Global Shocks p.161
unresolved person Piagam · Komisaris p.162
unresolved person Chapter V · Komisaris Independen p.162
unresolved person Chapter X · Komisaris p.162

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