<SEC-DOCUMENT>0001001807-23-000015.txt : 20230406
<SEC-HEADER>0001001807-23-000015.hdr.sgml : 20230406
<ACCEPTANCE-DATETIME>20230406131205
ACCESSION NUMBER:		0001001807-23-000015
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20230406
FILED AS OF DATE:		20230406
DATE AS OF CHANGE:		20230406

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK
		CENTRAL INDEX KEY:			0001001807
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
		IRS NUMBER:				999999999
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14406
		FILM NUMBER:		23805329

	BUSINESS ADDRESS:	
		STREET 1:		JL. JAPATI 1
		CITY:			BANDUNG
		STATE:			K8
		ZIP:			40133
		BUSINESS PHONE:		62-224527101

	MAIL ADDRESS:	
		STREET 1:		JL. JAPATI 1
		CITY:			BANDUNG
		STATE:			K8
		ZIP:			40133
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>tmb-20230406x6k.htm
<DESCRIPTION>6-K
<TEXT>
<!--Enhanced HTML document created with Toppan Merrill Bridge  9.14.0.96--><!--Created on: 4/6/2023 05:08:44 PM (UTC)--><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"><html><head><meta charset="UTF-8"><title></title></head><body><div style="margin-top:30pt;"></div><div style="max-width:100%;padding-left:14.09%;padding-right:14.09%;position:relative;"><div style="margin-top:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><div style="padding-top:1.0px;border-top:3.0pt solid #000000;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;padding-top:1pt;text-align:center;border-top:1.0pt solid #000000;margin:0pt;"><b style="font-size:12pt;font-weight:bold;">UNITED STATES</b></p></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-size:12pt;font-weight:bold;">SECURITIES AND EXCHANGE COMMISSION</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-size:12pt;font-weight:bold;">Washington, D.C. 20549</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-size:18pt;font-weight:bold;">Form 6-K</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-size:12pt;font-weight:bold;">REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13 a-16 OR 15d-16</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-size:12pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-size:12pt;font-weight:bold;">UNDER THE SECURITIES EXCHANGE ACT OF 1934</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-size:12pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-size:12pt;font-weight:bold;">For the month of April, 2023</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-size:18pt;font-weight:bold;">Perusahaan Perseroan (Persero)</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-size:18pt;font-weight:bold;">PT </b><b style="font-size:18pt;font-weight:bold;">Telekomunikasi Indonesia Tbk</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="font-size:11pt;background:#ffffff;">(Exact name of Registrant as specified in its charter)</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-size:14pt;font-weight:bold;background:#ffffff;">Telecommunications Indonesia</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="font-size:11pt;background:#ffffff;">(</font><font style="font-size:11pt;background:#ffffff;">A</font><font style="font-size:11pt;background:#ffffff;"> state-owned public limited liability </font><font style="font-size:11pt;background:#ffffff;">Company</font><font style="font-size:11pt;background:#ffffff;">)</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="font-size:11pt;">(Translation of registrant&#8217;s name into English</font><b style="font-size:11pt;font-weight:bold;">)</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-size:11pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-size:11pt;font-weight:bold;">J</b><b style="font-size:11pt;font-weight:bold;">l. </b><b style="font-size:11pt;font-weight:bold;">Japati No. 1 Bandung</b><b style="font-size:11pt;font-weight:bold;"> </b><b style="font-size:11pt;font-weight:bold;">40133</b><b style="font-size:11pt;font-weight:bold;">, Indonesia</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="font-size:11pt;">(Address of principal executive office)</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-size:11pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 10pt 0pt;"><b style="font-size:11pt;font-weight:bold;">Indicate by check mark whether the registrant files or will file annual reports under cover of Form&#160;20-F or Form&#160;40-F</b><b style="font-size:11pt;font-weight:bold;">:</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 10pt 0pt;"><b style="font-size:11pt;font-weight:bold;">Form&#160;20-F </b><b style="font-family:'Wingdings';font-size:11pt;font-weight:bold;">&#254;</b><b style="font-size:11pt;font-weight:bold;white-space:pre-wrap;">           </b><b style="font-size:11pt;font-weight:bold;">Form&#160;40-</b><b style="font-size:11pt;font-weight:bold;white-space:pre-wrap;">F  </b><font style="font-family:'Wingdings';font-size:11pt;">&#168;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 10pt 0pt;"><b style="font-size:11pt;font-weight:bold;">Indicate by check mark if the registrant is submitting the Form&#160;6-K in paper as permitted by Regulation S-T Rule&#160;101(b)(1):</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 10pt 0pt;"><b style="font-size:11pt;font-weight:bold;">Yes </b><font style="font-family:'Wingdings';font-size:11pt;">&#168;</font><font style="font-size:11pt;white-space:pre-wrap;">          </font><b style="font-size:11pt;font-weight:bold;">No </b><b style="font-family:'Wingdings';font-size:11pt;font-weight:bold;">&#254;</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 10pt 0pt;"><b style="font-size:11pt;font-weight:bold;">Indicate by check mark if the registrant is submitting the Form&#160;6-K in paper as permitted by Regulation S-T Rule&#160;101(b)(7):</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt 0pt 10pt 0pt;"><b style="font-size:11pt;font-weight:bold;">Yes </b><font style="font-family:'Wingdings';font-size:11pt;">&#168;</font><font style="font-size:11pt;white-space:pre-wrap;">          </font><b style="font-size:11pt;font-weight:bold;">No </b><b style="font-family:'Wingdings';font-size:11pt;font-weight:bold;">&#254;</b></p><div style="padding-bottom:1.0px;border-bottom:3.0pt solid #000000;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;padding-bottom:1pt;text-align:justify;border-bottom:1.0pt solid #000000;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.09%;margin-right:14.09%;margin-top:30pt;page-break-after:always;width:71.81%;border-width:0;"><div style="max-width:100%;padding-left:14.09%;padding-right:14.09%;position:relative;"><div style="margin-top:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-weight:bold;">SIGNATURES</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on behalf by the undersigned, thereunto duly authorized.</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;width:100%;"><tr style="height:1pt;"><td style="vertical-align:top;width:50%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:0pt 0pt 10pt 0pt;"><font style="font-family:'Calibri','Helvetica','sans-serif';font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td><td style="vertical-align:middle;width:50%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:50%;transform:translate(0,-50%);width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:center;margin:0pt;">Telekomunikasi Indonesia Tbk</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:0pt 0pt 10pt 0pt;"><font style="font-family:'Calibri','Helvetica','sans-serif';font-size:1pt;visibility:hidden;">&#8203;</font></p></div></div></td></tr><tr><td style="vertical-align:top;width:50%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><u style="text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">April 6, 2023</u> &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160;</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:middle;width:50%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:center;margin:0pt;">Perusahaan Perseroan (Persero)</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:center;margin:0pt;">PT Telekomunikasi Indonesia Tbk</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:center;margin:0pt;">-----------------------------------------------------</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:center;margin:0pt;">By: /s/ Edwin Julianus Sebayang</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:center;margin:0pt;">----------------------------------------------------</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:center;margin:0pt;">Edwin Julianus Sebayang</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:center;margin:0pt;">VP Investor Relations</p></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:0pt 0pt 10pt 0pt;"><font style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p><p style="display:none;line-height:0pt;margin:0pt;"><font style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-size:0pt;font-weight:bold;visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.09%;margin-right:14.09%;margin-top:30pt;page-break-after:always;width:71.81%;border-width:0;"><div style="max-width:100%;padding-left:14.09%;padding-right:14.09%;position:relative;"><div style="margin-top:30pt;min-height:27.8pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:1.7pt 5.5pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-right:0pt;visibility:hidden;">&#8203;</font></p><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;width:100%;"><tr style="height:1pt;"><td style="color:#ffffff;vertical-align:top;width:4.92%;background:#000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="color:#ffffff;font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:1.37;margin:1.7pt 5.5pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;margin-right:0pt;visibility:hidden;">&#8203;</font></p></td><td style="color:#ffffff;vertical-align:top;width:91.18%;background:#000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="color:#ffffff;font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">SPIN-OFF PLAN AND DISCLOSURE OF INFORMATION TO THE PUBLIC REGARDING THE SPIN-OFF OF INDIHOME BUSINESS SEGMENT OF PERUSAHAAN PERSEROAN (PERSERO) PT TELEKOMUNIKASI INDONESIA Tbk</b></p><p style="color:#ffffff;font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:1.37;margin:1.7pt 5.5pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;margin-right:0pt;visibility:hidden;">&#8203;</font></p></td><td style="color:#ffffff;vertical-align:top;width:3.89%;background:#000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="color:#ffffff;font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:1.37;margin:1.7pt 5.5pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;margin-right:0pt;visibility:hidden;">&#8203;</font></p></td></tr><tr style="height:7.75pt;"><td style="vertical-align:top;width:4.92%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;margin:0pt 5.5pt 0pt 0pt;"><font style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-weight:bold;margin-right:0pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:91.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:5pt;font-weight:bold;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:3.89%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;margin:0pt 5.5pt 0pt 0pt;"><font style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-weight:bold;margin-right:0pt;visibility:hidden;">&#8203;</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:4.92%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;margin:0pt 5.5pt 0pt 0pt;"><font style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-weight:bold;margin-right:0pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:91.18%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">THIS INFORMATION IS IMPORTANT TO NOTE</b></p></td><td style="vertical-align:top;width:3.89%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;margin:0pt 5.5pt 0pt 0pt;"><font style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-weight:bold;margin-right:0pt;visibility:hidden;">&#8203;</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:4.92%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;margin:0pt 5.5pt 0pt 0pt;"><font style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-weight:bold;margin-right:0pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:91.18%;border-bottom:1.0pt solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;font-weight:bold;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:3.89%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;margin:0pt 5.5pt 0pt 0pt;"><font style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-weight:bold;margin-right:0pt;visibility:hidden;">&#8203;</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:4.92%;border-right:1.0pt solid #000000;margin:0pt;padding:0pt 4.9pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:1.37;margin:1.7pt 5.5pt 0pt 0pt;"><font style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-weight:bold;margin-right:0pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:91.18%;border-bottom:1.0pt solid #000000;border-left:1.0pt solid #000000;border-right:1.0pt solid #000000;border-top:1.0pt solid #000000;margin:0pt;padding:0pt 4.9pt 0pt 4.9pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">If you have any difficulty in understanding this information or are in doubt in making any decision, we recommend that you consult with any securities broker, investment manager, legal consultant, accountant or other professional adviser.</font></p></td><td style="vertical-align:top;width:3.89%;border-left:1.0pt solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 4.9pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:1.37;margin:1.7pt 5.5pt 0pt 0pt;"><font style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-weight:bold;margin-right:0pt;visibility:hidden;">&#8203;</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:4.92%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:1.37;margin:1.7pt 5.5pt 0pt 0pt;"><font style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-weight:bold;margin-right:0pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:91.18%;border-bottom:1.0pt solid #000000;border-top:1.0pt solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:3.89%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:1.37;margin:1.7pt 5.5pt 0pt 0pt;"><font style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-weight:bold;margin-right:0pt;visibility:hidden;">&#8203;</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:4.92%;border-right:1.0pt solid #000000;margin:0pt;padding:0pt 4.9pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:1.37;margin:1.7pt 5.5pt 0pt 0pt;"><font style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-weight:bold;margin-right:0pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:91.18%;border-bottom:1.0pt solid #000000;border-left:1.0pt solid #000000;border-right:1.0pt solid #000000;border-top:1.0pt solid #000000;margin:0pt;padding:0pt 4.9pt 0pt 4.9pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">The Board of Commissioners and the Board of Directors of the Company, individually or jointly, are responsible for the completeness and correctness of all material information or facts contained in this Spin-Off Plan and Disclosure of Information and confirm that the information presented is true and there are no undisclosed material facts which may cause this information to be misleading.</font></p></td><td style="vertical-align:top;width:3.89%;border-left:1.0pt solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 4.9pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:1.37;margin:1.7pt 5.5pt 0pt 0pt;"><font style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-weight:bold;margin-right:0pt;visibility:hidden;">&#8203;</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:4.92%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:1.37;margin:1.7pt 5.5pt 0pt 0pt;"><font style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-weight:bold;margin-right:0pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:91.18%;border-top:1.0pt solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:12pt;font-weight:bold;"><img src="tmb-20230406x6k001.jpg" alt="Graphic" style="display:inline-block;height:78pt;left:0%;padding-bottom:0pt;position:relative;top:0pt;width:143.55pt;"></b></p><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:6pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;line-height:1.37;text-align:center;margin:0pt 85.05pt 0pt 85.05pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:-0.05pt;">PERUSAHAAN PERSEROAN (PERSERO) P</b><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">T</b><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:-0.15pt;"> </b><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">TELEKOMUNIKASI INDONESIA</b><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:-0.4pt;"> </b><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;">TBK </b></p><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;line-height:1.37;text-align:center;margin:0pt 56.7pt 0pt 56.7pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Domiciled in </b><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Bandung</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:1.37;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.37;text-align:center;margin:0pt 56.7pt 0pt 56.7pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Business Activities</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:center;margin:0pt;"><font style="font-size:11pt;"> </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.05pt;">Operation of telecommunication networks and services, informatics services, and optimization of utilization of resources proprietary to the Company</font></p></td><td style="vertical-align:top;width:3.89%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:1.37;margin:1.7pt 5.5pt 0pt 0pt;"><font style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-weight:bold;margin-right:0pt;visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:1.7pt 5.5pt 0pt 0pt;"><font style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-weight:bold;margin-right:0pt;visibility:hidden;">&#8203;</font></p><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;width:100%;"><tr><td style="vertical-align:top;width:49.96%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.37;text-align:center;margin:0pt -32.35pt 0pt 0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Head Office</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.37;text-align:center;margin:0pt -32.35pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Graha Merah Putih</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.37;text-align:center;margin:0pt -32.35pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Jl. Japati No. 1 Bandung</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.37;text-align:center;margin:0pt -32.35pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Jawa Barat, Indonesia - 40133</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.37;text-align:center;margin:0pt -32.35pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Telephone: (022) 4526417</font></p></td><td style="vertical-align:top;width:50.03%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.37;text-align:center;margin:0pt 56.7pt 0pt 0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Operational Office</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.37;text-align:center;margin:0pt 56.7pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Telkom Landmark Tower, Lantai 39, Jenderal Gatot Subroto Kav 52, Jakarta Selatan, Indonesia </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.37;text-align:center;margin:0pt 56.7pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Telephone: (021) 5215109</font></p></td></tr><tr><td colspan="2" style="vertical-align:top;width:100%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.37;text-align:center;margin:0pt -3.25pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Email: </font><u style="color:#0000ff;font-family:'Arial','Helvetica','sans-serif';text-decoration-line:underline;text-decoration-style:solid;">investor@telkom.co.id</u><font style="font-family:'Arial','Helvetica','sans-serif';"> </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:1.37;text-align:center;margin:0pt -3.25pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Official Website: </font><u style="color:#0000ff;font-family:'Arial','Helvetica','sans-serif';text-decoration-line:underline;text-decoration-style:solid;">www.telkom.co.id</u></p></td></tr><tr><td style="vertical-align:top;width:49.96%;border-bottom:1.0pt solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:1.37;text-align:center;margin:0pt -32.35pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;font-weight:bold;margin-right:0pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:50.03%;border-bottom:1.0pt solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:1.37;text-align:center;margin:0pt 56.7pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;font-weight:bold;margin-right:0pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td colspan="2" style="vertical-align:top;width:100%;border-bottom:1.0pt solid #000000;border-left:1.0pt solid #000000;border-right:1.0pt solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 4.9pt 0pt 4.9pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:justify;margin:1pt -2.45pt 1pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">The Spin-Off Plan and Disclosure of Information was made in connection with the spin-off plan of IndiHome Business Segment through which the Company will transfer its assets and liabilities related to the Company&#8217;s IndiHome Business Segment, to Telkomsel, the Company&#8217;s controlled subsidiaries, which is 65% (sixty-five percent) owned directly by the Company, as well as a few transactions that will be carried out by the Company and Telkomsel to support the operational activities of IndiHome Business Segment after the Spin-Off.</font></p></td></tr><tr><td colspan="2" style="vertical-align:top;width:100%;border-bottom:1.0pt solid #000000;border-left:1.0pt solid #000000;border-right:1.0pt solid #000000;border-top:1.0pt solid #000000;margin:0pt;padding:0pt 4.9pt 0pt 4.9pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:justify;margin:1pt 0pt 1pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">The announcement of the Spin-Off Plan and Disclosure of Information is made in order to comply with the provisions in Article 127 paragraph (2) of Law Number 40 of 2007 on Limited Liability Companies and Regulation of the </font><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">Otoritas Jasa Keuangan</i><font style="font-family:'Arial','Helvetica','sans-serif';"> Number 17/POJK.04/2020 on Material Transactions and Changes in Business Activities, as well as to fulfil the Disclosure of Information principle regarding the Proposed Transaction. </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;margin:1pt 0pt 1pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:justify;margin:1pt 0pt 1pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Telkomsel is a Controlled Company of the Company, where the Company is a shareholder of 65% (sixty-five percent) shares in Telkomsel, and the value of the Proposed Transaction is more than 50% (fifty percent) equity of the Company based on Financial Statement. The Proposed Transaction is a Material Transaction that contains Affiliated Transaction of the Company which requires approval from Independent Shareholders in the GMS based on Article 6 paragraph (1) letter (d) and Article 14 of Regulation of the </font><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">Otoritas Jasa Keuangan</i><font style="font-family:'Arial','Helvetica','sans-serif';"> Number 17/POJK.04/2020 on Material Transactions and Changes in Business Activities and Article 4 paragraph (1) letter (d) Regulation of the </font><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">Otoritas Jasa Keuangan</i><font style="font-family:'Arial','Helvetica','sans-serif';"> Number 42/POJK.04/2020 on Affiliated Transactions and Conflict of Interest Transactions. </font></p></td></tr><tr><td colspan="2" style="vertical-align:top;width:100%;border-bottom:1.0pt solid #000000;border-left:1.0pt solid #000000;border-right:1.0pt solid #000000;border-top:1.0pt solid #000000;margin:0pt;padding:0pt 4.9pt 0pt 4.9pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:justify;margin:1pt 0pt 1pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Any objections to this Spin-Off plan can be submitted by the creditors to the Company in writing no later than 4 PM Western Indonesia Time on April 20, 2023. </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;margin:1pt 0pt 1pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:8pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;text-align:justify;margin:1pt 0pt 1pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">In the event that until the specified time limit, the Company&#8217;s creditors do not submit their objections, then the creditors shall be deemed to have approved the Spin-Off plan.</font></p></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:center;margin:0pt 2.75pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;margin-right:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;line-height:1.37;text-align:center;margin:0pt 2.75pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';"> </font><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">This Spin-Off Plan and Disclosure of Information is published in Bandung on April 6, 2023</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:1.7pt 5.5pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-right:0pt;visibility:hidden;">&#8203;</font></p><p style="display:none;line-height:0pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:0pt;visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:14.09%;margin-right:14.09%;margin-top:30pt;page-break-after:always;width:71.81%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><div style="padding-left:5pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;padding-right:0pt;table-layout:auto;width:98.47%;"><tr style="height:15.85pt;"><td style="color:#ffffff;vertical-align:top;width:100%;background:#000000;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><div style="height:15.85pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><p style="color:#ffffff;font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:0.05pt;">DEFINITIONS AND ABBREVIATIONS</b></p></div></div></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:12pt;margin:0.3pt 0pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:12pt;visibility:hidden;">&#8203;</font></p><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;width:97.9%;"><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&quot;Affiliates&quot;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">has the meaning given to it in Law Number 8 of 1995 on Capital Market, and its amendments from time to time.</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&#8220;BAE&#8221;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means Security Administration Bureau.</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&#8220;IDX&#8221;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means Indonesia Stock Exchange (PT Bursa Efek Indonesia).</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&quot;Securities&quot;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means securities or investment contracts both in conventional and digital form or other forms in accordance with the development of technology that gives the owner the right to directly or indirectly obtain economic benefits from the issuer or from certain parties based on an agreement and any derivative of Securities, which can be transferred and/or traded on the capital market.</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&#8220;KSEI&#8221;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means Indonesia Central Securities Depository (PT Kustodian Sentral Efek Indonesia).</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&#8220;Financial Statements&#8221;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means the annual financial statements of the Company as of December 31, 2022 audited by Public Accounting Firm (KAP)</font><font style="color:#ff0000;font-family:'Arial','Helvetica','sans-serif';"> </font><font style="font-family:'Arial','Helvetica','sans-serif';">Purwantono Sungkoro &amp; Surja.</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&quot;MoLHR&quot; </font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means Minister of Law and Human Rights of the Republic of Indonesia.</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&quot;OJK&quot;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means </font><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">Otoritas Jasa Keuangan</i><font style="font-family:'Arial','Helvetica','sans-serif';">.</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&#8220;Independent Shareholders&#8221;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means a shareholder who has no personal economic interest in connection with a particular transaction and: </font></p><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><div style="display:table-row;"><div style="width:0.8pt;display:table-cell;"></div><div style="display:table-cell;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">a.</div><div style="display:table-cell;padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">is not a member of the board of directors, member of the board of commissioners, major shareholder, and </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">c</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">ontroller; or</font></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><div style="display:table-row;"><div style="width:0.8pt;display:table-cell;"></div><div style="display:table-cell;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">b.</div><div style="display:table-cell;padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">is not an Affiliate of members of the board of directors, members of the board of commissioners, major shareholders, and controllers.</font></div></div></div></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&#8220;Spin-Off&#8221; </font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means the legal action of the Company to transfer the IndiHome Business Segment which results in certain assets and liabilities of the Company in relation to the IndiHome Business Segment, as agreed between the Company and Telkomsel, being transferred by operation of law to Telkomsel, which constitutes a partial spin-off as referred to in Article 135 paragraph (3) of the Company Law, which will be conducted by the Company and Telkomsel based on Conditional Spin-Off Agreement</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&#8220;Fixed Broadband Core Transition Service Agreement&#8221;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means Fixed Broadband Core Transition Service Agreement dated April 6, 2023, made by and between the Company and Telkomsel, related to, among other things, the provision of fixed broadband core services.</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&#8220;IT System Transition Service Agreement&#8221;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means IT System Transition Service Agreement dated April 6, 2023, made by and between the Company and Telkomsel, related to, among other things, the provision of IT system services. </font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&#8220;Conditional Spin-Off Agreement&#8221;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means Conditional Spin-Off Agreement dated April 6, 2023, made by and between the Company and Telkomsel, that stipulates the terms and </font></p></td></tr></table></div></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;width:97.9%;"><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">conditions related to the Spin-Off of IndiHome Business Segment from the Company to Telkomsel. </font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&quot;Company&quot; or &#8220;Telkom&#8221;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk, domiciled in Bandung, a limited liability company established according to and based on the laws and regulations of the Republic of Indonesia.</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&quot;Public Company&quot;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means an issuer that has made a public offering of equity securities or a public company.</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&quot;Controlled Company&quot;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means a company that is controlled either directly or indirectly by a Public Company.</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&#8220;PMK 56&#8221;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means Minister of Finance Regulation No. 52/PMK.010/2017 concerning on the Use of Book Value in the Transfer and Acquisition of Assets in the context of Business Mergers, Consolidations, Expansions or Acquisition, as last amended by Minister of Finance Regulation No. 56/PMK.010/2021.</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&#8220;POJK 15/2020&#8221;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.05pt;">means OJK Regulation N</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">o</font><font style="font-family:'Arial','Helvetica','sans-serif';">.</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.1pt;"> </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">1</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.1pt;">5</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">/</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.05pt;">P</font><font style="font-family:'Arial','Helvetica','sans-serif';">OJK.</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.1pt;">0</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">4</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.05pt;">/</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">2</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.1pt;">0</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">2</font><font style="font-family:'Arial','Helvetica','sans-serif';">0 concerning on Plan and Implementation of the General Meeting of Shareholders of Public Company, and its amendments from time to time.</font><font style="color:#ff0000;font-family:'Arial','Helvetica','sans-serif';"> </font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&quot;POJK 17/2020&quot;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means OJK Regulation No. 17/POJK.04/2020 on Material Transactions and Changes in Business Activities, and its amendments from time to time.</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&quot;POJK 42/2020&quot;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means OJK Regulation No. 42/POJK.04/2020 on Affiliated Transactions and Conflict of Interest Transactions, and its amendments from time to time.</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&#8220;Proposed Transaction&#8221;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means Spin-Off and Related Transaction.</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&quot;GMS&quot;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means General Meeting of Shareholders.</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&#8220;Independent GMS&#8221;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means General Meeting of Independent Shareholders attended by Independent Shareholders as stipulated in the regulations in the capital market sector.</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&quot;IndiHome Business Segment&quot;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means IndiHome business of the Company which serves customers in the categories of individuals and individuals registered as micro enterprises which includes the following services:</font></p><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><div style="display:table-row;"><div style="width:0.75pt;display:table-cell;"></div><div style="display:table-cell;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">a.</div><div style="display:table-cell;padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">internet;</font></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><div style="display:table-row;"><div style="width:0.75pt;display:table-cell;"></div><div style="display:table-cell;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">b.</div><div style="display:table-cell;padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">voice bundling </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">(including voice only (1P) with Homewifi access)</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">;</font></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><div style="display:table-row;"><div style="width:0.75pt;display:table-cell;"></div><div style="display:table-cell;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">c.</div><div style="display:table-cell;padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">internet protocol television (IPTV);</font></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><div style="display:table-row;"><div style="width:0.75pt;display:table-cell;"></div><div style="display:table-cell;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">d.</div><div style="display:table-cell;padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">over-the-top (OTT)</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">; and</font></div></div></div><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><div style="display:table-row;"><div style="width:0.75pt;display:table-cell;"></div><div style="display:table-cell;font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">e.</div><div style="display:table-cell;padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">digital services,</font></div></div></div><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 0.75pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p></td></tr></table></div></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;width:97.9%;"><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">including customers from services point (a) to (e) above as well as the related assets and liabilities and related agreements with the agreed vendors (as applicable).</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&quot;Singtel&quot;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means Singapore Telecom Mobile Pte Ltd., a limited liability company established according to and based on the laws of Singapore.</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&#8220;Spin-Off Effective Date&#8221;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means the effective date of the Spin-Off, which shall be counted from the date of approval/receipt of notification by the Minister of Law and Human Rights of the Republic of Indonesia on the increase of Telkomsel&#39;s capital related to the Spin-Off.</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&quot;Telkomsel&quot;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means PT Telekomunikasi Selular, a limited liability company established according to and based on the laws of Republic of Indonesia, domiciled in South Jakarta, which is the legal entity that will receive the Spin-Off.</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&quot;Affiliated Transaction&quot;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means any activity and/or transaction conducted by a Public Company or a Controlled Company with Affiliates of the Public Company or Affiliates of members of the board of directors, members of the board of commissioners, major shareholders, or controllers, including any activity and/or transaction conducted by a Public Company or a Controlled Company for the benefit of Affiliates of the Public Company or Affiliates of members of the board of directors, members of the board of commissioners, major shareholders, or controllers.</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&quot;Material Transaction&quot;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means any transaction carried out by a Public Company or a Controlled Company which fulfills the value limit as stipulated in POJK 17/2020.</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&#8220;Related Transaction&#8221;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means transactions to be conducted between Company and Telkomsel to support the operational activities of IndiHome Business Segment after the Spin-Off, including the provision of infrastructure, devices, professional services, and supporting network capacity, as well as the provision of fixed broadband core and IT system services from the Company to Telkomsel, based on the Wholesale Agreement, Fixed Broadband Core Transition Service Agreement, and IT System Transition Service Agreement. &#160;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&quot;Company Law&quot;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means Law No. 40 of 2007 on Limited Liability Companies,</font><font style="color:#ff0000;font-family:'Arial','Helvetica','sans-serif';"> </font><font style="font-family:'Arial','Helvetica','sans-serif';">and its amendments from time to time.</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p></td></tr><tr><td style="vertical-align:top;width:24.75%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">&#8220;Wholesale Agreement&#8221;</font></p></td><td style="vertical-align:top;width:75.24%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">means Wholesale Agreement dated April 6, 2023, made by and between the Company and Telkomsel, related to, among other things, to the provision of infrastructure, devices, professional services, and supporting network capacity.</font></p></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">This Spin-Off Plan and Disclosure of Information is made with reference to the Company Law and POJK 17/2020. This Spin-Off Plan and Disclosure of Information is prepared and submitted to the authorities, the public and employees of the Company in order to comply with the principle of information disclosure. Therefore, in accordance with the applicable regulations, the Spin-Off Plan and Disclosure of Information will be published in national newspapers which shall also contain the notification regarding the time given to all parties, especially for the Company&#8217;s creditors to submit objections (if any).</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><div style="margin-left:-0.3pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;padding-right:0pt;table-layout:auto;width:99.44%;"><tr style="height:15.85pt;"><td style="color:#ffffff;vertical-align:top;width:100%;background:#000000;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><div style="height:15.85pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:center;width:100%;border:0pt;"><div style="display:table-row;"><div style="color:#ffffff;display:table-cell;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">I.</div><div style="display:table-cell;padding:0pt;"><font style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;"> </font><b style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">INTRODUCTION</b></div></div></div></div></div></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:12pt;margin:0.3pt 0pt 0pt 0pt;"><font style="font-size:12pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 9pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">The Company is a state-owned enterprise in the form of limited liability company with the status of a public company, established and conducting its business activities in Indonesia. The Company&#39;s name has officially changed to Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia which previously had the name Perusahaan Umum Telekomunikasi Indonesia in 1991. The Company is engaged in the provision of mobile telecommunications networks and services, which has four main segments namely mobile, consumer, enterprise, and wholesale &amp; international business</font><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">. </i><font style="font-family:'Arial','Helvetica','sans-serif';">In 2015, the Company launched one of its main products in the consumer segment, under the brand IndiHome. IndiHome Business Segment provides among others, fixed voice, fixed broadband, IPTV and digital services to customers with high-speed internet connectivity. </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 9pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-right:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 9pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">To maintain the competitiveness and advantage of the Company in facing business competition in the Indonesian telecommunications sector and to improve the quality of services provided to customers, the Company plans to merge its fixed broadband &#160;and mobile broadband (cellular) services into a single business entity by separating the IndiHome Business Segment to the Company&#39;s subsidiary entity, namely Telkomsel.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 9pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-right:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 9pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">In addition, the Spin-Off of the IndiHome Business Segment to Telkomsel is also expected to accelerate the process of providing broadband services to the public throughout all regions of Indonesia.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 9pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-right:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 9pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">The Spin-Off that will be carried out by the Company is a partial spin-off as referred to in Article 135 paragraph (1) letter b and paragraph (3) of the Company Law, which after the spin-off is effective, it will result in a portion of the assets and liabilities of the Company being transferred by operation of law to 1 (one) or more company or companies that receive the transfer, and the company who participate in the spin-off remains exist. </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 9pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-right:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 9pt 0pt 0pt;"><a name="_Hlk131668666"></a><font style="font-family:'Arial','Helvetica','sans-serif';">The Spin-Off is done based on the agreed valuation of IndiHome Business Segment of Rp 58,249,920,571,200 (fifty eight trillion two hundred forty nine billion nine hundred twenty million five hundred seventy one thousand two hundred Indonesian Rupiah) and the agreed valuation of Telkomsel of Rp 319,359,999,960,480 (three hundred nineteen trillion three hundred fifty nine billion nine hundred ninety nine million nine hundred sixty thousand four hundred eighty Indonesian Rupiah). In parallel with the Spin-Off, Singtel decides to participate in the capital injectionby injecting &#160;a cash deposit to Telkomsel using the same Telkomsel valuation used at the time of the Spin-Off in the amount of </font><font style="font-family:'Arial','Helvetica','sans-serif';">Rp 2,713,081,886,064,- (two trillion seven hundred thirteen billion eighty one million eight hundred eighty six thousand sixty four Indonesian Rupiah).</font><font style="font-family:'Arial','Helvetica','sans-serif';">, Therefore, the Company&#39;s ownership in Telkomsel after the Spin-Off Effective Date become 69.9% (sixty nine point nine percent) and Singtel&#39;s ownership in Telkomsel become &#160;30.1% ((thirty point one percent).</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 9pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-right:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 9pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Regarding the increase in the Company&#8217;s ownership of Telkomsel shares, with the pro forma composition of Telkomsel share ownership, is as follows:</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;font-weight:bold;visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:justify;margin:0pt;"><b style="font-weight:bold;">A. Before Spin-Off Plan</b></p><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;width:101.08%;"><tr><td style="vertical-align:middle;width:33.32%;background:#bfbfbf;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">Shareholders</b></p></td><td style="vertical-align:middle;width:33.32%;background:#bfbfbf;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">Total Shares</b></p></td><td style="vertical-align:middle;width:33.34%;background:#bfbfbf;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">%</b></p></td></tr><tr><td style="vertical-align:top;width:33.32%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;text-align:justify;margin:0pt;">Company</p></td><td style="vertical-align:top;width:33.32%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;text-align:center;margin:0pt;">118,677</p></td><td style="vertical-align:top;width:33.34%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;text-align:center;margin:0pt;">65.00</p></td></tr><tr><td style="vertical-align:top;width:33.32%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;text-align:justify;margin:0pt;">Singtel</p></td><td style="vertical-align:top;width:33.32%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;text-align:center;margin:0pt;">63,893</p></td><td style="vertical-align:top;width:33.34%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;text-align:center;margin:0pt;">35.00</p></td></tr><tr><td style="vertical-align:top;width:33.32%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;text-align:justify;margin:0pt;"><b style="font-weight:bold;">Total</b></p></td><td style="vertical-align:top;width:33.32%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">182,570</b></p></td><td style="vertical-align:top;width:33.34%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">100.00</b></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;text-align:justify;margin:0pt;"><font style="font-family:'Times New Roman','Times','serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;text-align:justify;margin:0pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:12pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:justify;margin:0pt;"><b style="font-weight:bold;">B. After Spin-Off Plan </b></p><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;width:101.08%;"><tr><td style="vertical-align:middle;width:33.32%;background:#bfbfbf;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">Shareholders</b></p></td><td style="vertical-align:middle;width:33.32%;background:#bfbfbf;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">Total Shares</b></p></td><td style="vertical-align:middle;width:33.34%;background:#bfbfbf;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">%</b></p></td></tr><tr><td style="vertical-align:top;width:33.32%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;text-align:justify;margin:0pt;">Company</p></td><td style="vertical-align:top;width:33.32%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:center;margin:0pt;">151,977</p></td><td style="vertical-align:top;width:33.34%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:center;margin:0pt;">69.90</p></td></tr><tr><td style="vertical-align:top;width:33.32%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;text-align:justify;margin:0pt;">Singtel</p></td><td style="vertical-align:top;width:33.32%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:center;margin:0pt;">65,444</p></td><td style="vertical-align:top;width:33.34%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:center;margin:0pt;">30.10</p></td></tr><tr><td style="vertical-align:top;width:33.32%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;text-align:justify;margin:0pt;"><b style="font-weight:bold;">Total</b></p></td><td style="vertical-align:top;width:33.32%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">217,421</b></p></td><td style="vertical-align:top;width:33.34%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">100.00</b></p></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 9pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-right:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 9pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">As part of the Spin-Off to be carried out by the Company, the Company and Telkomsel will conduct Related Transactions in the form of the provision of infrastructure, devices, professional services, and supporting network capacity, as well as the provision of fixed broadband core and IT system services from the Company in order to support future operational activities of IndiHome Business Segment and provide transition services until Telkomsel can operate IndiHome Business Segment independently.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 9pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-right:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 9pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Considering that the Spin-Off is carried out with the Company&#39;s Controlled Company, namely Telkomsel, which is as of the date of this Spin-Off Plan and Disclosure of Information, the Company&#39;s share ownership in Telkomsel is 65% (sixty five percent) and the value of the Proposed Transaction, which consist of the valuation of IndiHome Business Segment that is agreed at Rp 58,249,920,571,200 (fifty eight trillion two hundred forty nine billion nine hundred twenty million five hundred seventy one thousand two hundred Indonesian Rupiah) and the value of WSA of Rp 18,747,341,007,230 (eighteen trillion seven hundred forty seven billion three hundred forty one million seven thousand two hundred thirty Indonesian Rupiah) the value of TSA-1 of Rp 495,971,226,790 (four hundred ninety five billion nine hundred seventy one million two hundred twenty six thousand seven hundred ninety Indonesian Rupiah) and the value of TSA-2 of Rp 489,264,960,646 (four hundred eighty nine billion two hundred sixty four million nine hundred sixty thousand six hundred forty six Indonesian Rupiah), which in overall is estimated to be greater than 50% of the Company&#39;s equity based on the Financial Statement December 31, 2022, therefore, in accordance with the definition and value limitation of Material Transaction on POJK 17/2020, this Proposed Transaction is a Material Transaction that contains Affiliated Transaction for the Company thus requiring approval from Independent Shareholders in the GMS based on Article 6 paragraph (1) letter (d) and Article 14 POJK 17/2020 and Article 4 paragraph (1) letter (d) POJK 42/2020.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 9pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-right:0pt;visibility:hidden;">&#8203;</font></p><div style="margin-left:-0.3pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;padding-right:0pt;table-layout:auto;width:99.44%;"><tr style="height:29.15pt;"><td style="color:#ffffff;vertical-align:top;width:100%;background:#000000;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><div style="height:29.15pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:center;width:100%;border:0pt;"><div style="display:table-row;"><div style="color:#ffffff;display:table-cell;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">II.</div><div style="display:table-cell;padding:0pt;"><b style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">DESCRIPTION OF THE TRANSACTION</b></div></div></div></div></div></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0.6pt 0pt 0pt 0pt;"><font style="font-size:12pt;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:21.3pt;padding:0pt;">A.</td><td style="padding:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">MATERIAL TRANSACTION OBJECT</b></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">The object of the Proposed Transaction includes the Spin-Off of IndiHome Business Segment from the Company to Telkomsel, which will be followed by Related Transactions in the form of the provision of infrastructure, devices, professional services, and supporting network capacity, as well as the provision of fixed broadband core and IT system services from the Company to Telkomsel.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">The summary of each of the Conditional Spin-Off Agreement, Wholesale Agreement, Fixed Broadband Core Transition Service Agreement, and IT System Transition Service Agreement, is as follows:</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:21.3pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">1.</td><td style="padding:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;">Conditional Spin-Off Agreement</b></td></tr></table><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Parties</u></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;text-decoration-line:underline;text-decoration-style:solid;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">a.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">The Company; and</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">b.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Telkomsel</font></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Transaction Structure</u></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;text-decoration-line:underline;text-decoration-style:solid;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">a.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">The Company shall transfer IndiHome Business Segment to Telkomsel through a partial spin-off, and as a compensation, Telkomsel will issue </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">new shares to the Company</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">. </font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">b.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">The transfer by way of </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">spin-off </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">is intended to fulfill the transaction criteria that receive the tax facility according to PMK 56.</font></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';text-decoration-line:underline;text-decoration-style:solid;visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Consideration and Issuance of New Shares</u></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;text-decoration-line:underline;text-decoration-style:solid;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">a.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Non-cash payment (non-cash basis) by the Company</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">b.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">The value of IndiHome Business Segment </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">that will be spun-off </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">is </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">amounting to </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Rp 58,249,920,571,200</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> (fifty eight trillion two hundred forty nine billion nine hundred twenty million five hundred seventy one thousand two hundred Indonesian Rupiah). As a result of the Spin-Off, Telkomsel will issue </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">33,300 new shares to </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">the Company</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">c.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Singtel will</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> subscribe for 1,551 new shares by way of </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">capital </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">injection</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> to Telkomsel </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">amounting to</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> Rp 2,713,081,886,064</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> (two trillion seven hundred thirteen billion eighty one million eight hundred eighty six thousand sixty four Indonesian Rupiah)</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">d.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">After </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">the implementation of the entire spin-off transaction</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">s</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">, </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">the Company&#8217;s ownership in Telkomsel</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> will </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">be </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">69.9%. </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Meanwhile, Singtel&#8217;s</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> ownership </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">in Telkomsel </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">will be </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">30.1%.</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> </font></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Conditions Precedent</u></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Among other things:</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">a.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">The Company has announced the summary of spin-off plan in one </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">nationwide </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">daily newspaper;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">b.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">The Company has obtained the approval from general meeting of shareholders of the Company;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">c.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Telkomsel has obtained the approval from general meeting of shareholders of Telkomsel. </font></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Closing</u></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;text-decoration-line:underline;text-decoration-style:solid;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:14.15pt;padding:0pt;">a.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Effective Date: The date </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">of which </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">MoLHR issues an approval and/or </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">notification </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">receipt of Telkomsel&#8217;s capital increase.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:14.15pt;padding:0pt;">b.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">The Parties will carry out the following actions </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">at the latest of</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> one day prior</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> to</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> the Effective Date:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;text-align:right;vertical-align:text-top;white-space:nowrap;width:63.8pt;padding:0pt;">i.</td><td style="text-align:right;width:7.1pt;padding:0pt;"></td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">The </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">signing</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> of Deed of Spin-Off;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;text-align:right;vertical-align:text-top;white-space:nowrap;width:63.8pt;padding:0pt;">ii.</td><td style="text-align:right;width:7.1pt;padding:0pt;"></td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">The </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">signing</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> of deed of Telkomsel&#8217;s capital </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">increase</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> (including the issuance of new shares that will be subscribed </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">for by</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> Telkom)</font></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Applicable Law</u></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Law of Republic of Indonesia</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Dispute Settlement</u></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Indonesian National Board of Arbitration (BANI)</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:21.3pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">2.</td><td style="padding:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;">Wholesale Agreement (WSA)</b></td></tr></table><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Parties</u></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;text-decoration-line:underline;text-decoration-style:solid;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">a.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">The Company; and </font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">b.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Telkomsel</font></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Scope of Services</u></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;text-decoration-line:underline;text-decoration-style:solid;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">a.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Main services:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;text-align:right;vertical-align:text-top;white-space:nowrap;width:72pt;padding:0pt;">i.</td><td style="text-align:right;width:18pt;padding:0pt;"></td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Fiber to the Home (FTTH) connectivity and transport, which includes (i) FTTH Optical Line Termination (OLT) to drop cable connection connectivity, including Home Segment services, and (ii) Aggregation network connectivity and IP backbone (Transmission Throughput)</font></td></tr></table></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;text-align:right;vertical-align:text-top;white-space:nowrap;width:72pt;padding:0pt;">ii.</td><td style="text-align:right;width:18pt;padding:0pt;"></td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Internet services which includes Global Internet Throughput and domestic connectivity (local IX, Content Delivery Network (CDN) and direct peering)</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;text-align:right;vertical-align:text-top;white-space:nowrap;width:72pt;padding:0pt;">iii.</td><td style="text-align:right;width:18pt;padding:0pt;"></td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Voice services</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;text-align:right;vertical-align:text-top;white-space:nowrap;width:72pt;padding:0pt;">iv.</td><td style="text-align:right;width:18pt;padding:0pt;"></td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Connectivity for IPTV services</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;text-align:right;vertical-align:text-top;white-space:nowrap;width:72pt;padding:0pt;">v.</td><td style="text-align:right;width:18pt;padding:0pt;"></td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Service Level Guarantee (fulfillment, assurance, and quality)</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;text-align:right;vertical-align:text-top;white-space:nowrap;width:72pt;padding:0pt;">vi.</td><td style="text-align:right;width:18pt;padding:0pt;"></td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Monitoring visibility</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">b.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;white-space:pre-wrap;"> </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Additional services, </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">among other things,</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> 5G core implementation support and other services agreed upon through Future Investment mechanism. </font></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Term</u></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Five years, with an option to be extended for the next five years based on the negotiation between the parties related to cost scheme after the extension.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Invoice Term and Reconciliation</u></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Monthly.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Cost Scheme</u></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;text-decoration-line:underline;text-decoration-style:solid;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:36pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">a.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">For a period of 2 years from the effective date, Cost Scheme 1 (Price per SSL based on the customer&#39;s access speed level/FUP) shall apply.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:36pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">b.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">After 2 years from the effective date, the parties agree to review the implementation of a potential continuation of the cost scheme, taking into account Telkomsel&#39;s service throughput history and the following parameters: (i) price per SSL based on customer access speed level, (ii) transmission throughput, (iii) global internet throughput, and (iv) FUPs may be adjusted by Telkomsel</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:36pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">c.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Prior to the extension for the next 5 years, the parties shall conduct a review of the cost scheme to be used</font></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Applicable Law</u></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Law of Republic of Indonesia</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Dispute Settlement</u></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Indonesian National Board of Arbitration (BANI)</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:21.3pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">3.</td><td style="padding:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;">Fixed Broadband Core Transition Service Agreement (TSA 1)</b></td></tr></table><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Parties</u></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-left:0pt;text-decoration-line:underline;text-decoration-style:solid;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">a.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">The Company; and </font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">b.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Telkomsel</font></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Scope and Services</u></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;text-indent:36pt;margin:0pt 0pt 0pt 6.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Fixed Broadband Core (FBC), among other things:</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">a.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">The provision of FBC Services operational devices</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">b.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Services and deliverables, which includes:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:right;vertical-align:text-top;white-space:nowrap;width:72pt;padding:0pt;">i.</td><td style="text-align:right;width:18pt;padding:0pt;"></td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Technical support (TATSR, support engineer, migration support engineer, service desk)</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:right;vertical-align:text-top;white-space:nowrap;width:72pt;padding:0pt;">ii.</td><td style="text-align:right;width:18pt;padding:0pt;"></td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Supporting tools (data sharing, monitoring visibility)</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:right;vertical-align:text-top;white-space:nowrap;width:72pt;padding:0pt;">iii.</td><td style="text-align:right;width:18pt;padding:0pt;"></td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Reporting and performance evaluation (monthly report, special report, quarterly report, and knowledge sharing)</font></td></tr></table></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Term</u></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Two years, with an option to be extended until a period of three years </font><font style="font-family:'Arial','Helvetica','sans-serif';">if </font><font style="font-family:'Arial','Helvetica','sans-serif';">Telkomsel still requires FBC Services.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Invoice Term and Reconciliation</u></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Monthly.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Cost Scheme</u></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Lumpsum based on Existing Asset Value (referring to Asset Anuity Value of each FBC devices) and OPEX.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Applicable Law</u></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Law of Republic of Indonesia</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Dispute Settlement</u></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Indonesian National Board of Arbitration (BANI)</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:21.3pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">4.</td><td style="padding:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;">IT System Transition Service Agreement (TSA 2)</b></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Parties</u></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">a.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">The Company; and </font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">b.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Telkomsel</font></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Scope and Services</u></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">a.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">IT Services, </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">among other things</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">: </font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:right;vertical-align:text-top;white-space:nowrap;width:72pt;padding:0pt;">i.</td><td style="text-align:right;width:18pt;padding:0pt;"></td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Service </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">and</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> platform maintenance (software dan hardware);</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:right;vertical-align:text-top;white-space:nowrap;width:72pt;padding:0pt;">ii.</td><td style="text-align:right;width:18pt;padding:0pt;"></td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Technical managed operation;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:right;vertical-align:text-top;white-space:nowrap;width:72pt;padding:0pt;">iii.</td><td style="text-align:right;width:18pt;padding:0pt;"></td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Ticket handling and SRSM (service request support and management) related to IT system;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:right;vertical-align:text-top;white-space:nowrap;width:72pt;padding:0pt;">iv.</td><td style="text-align:right;width:18pt;padding:0pt;"></td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Application enhancement and capacity expansion;&#160;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:right;vertical-align:text-top;white-space:nowrap;width:72pt;padding:0pt;">v.</td><td style="text-align:right;width:18pt;padding:0pt;"></td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Audit and IT Compliance;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:right;vertical-align:text-top;white-space:nowrap;width:72pt;padding:0pt;">vi.</td><td style="text-align:right;width:18pt;padding:0pt;"></td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">System and data migration;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:right;vertical-align:text-top;white-space:nowrap;width:72pt;padding:0pt;">vii.</td><td style="text-align:right;width:18pt;padding:0pt;"></td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Coordination, performance evaluation and reporting.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">b.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Billing and collection system operation services, </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">among other things</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:right;vertical-align:text-top;white-space:nowrap;width:72pt;padding:0pt;">i.</td><td style="text-align:right;width:18pt;padding:0pt;"></td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Billing operation support;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:right;vertical-align:text-top;white-space:nowrap;width:72pt;padding:0pt;">ii.</td><td style="text-align:right;width:18pt;padding:0pt;"></td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Revenue assurance and fraud management;&#160;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:right;vertical-align:text-top;white-space:nowrap;width:72pt;padding:0pt;">iii.</td><td style="text-align:right;width:18pt;padding:0pt;"></td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Billing A/R, collection operation support; and</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:right;vertical-align:text-top;white-space:nowrap;width:72pt;padding:0pt;">iv.</td><td style="text-align:right;width:18pt;padding:0pt;"></td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Changes in the configuration of standard applications to support business parameter changes related to billing.&#160;</font></td></tr></table><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 90pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Term</u></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Two years, with an option to be extended for a period of three years if Telkomsel still requires IT System Services.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';text-decoration-line:underline;text-decoration-style:solid;visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Invoice Term and Reconciliation</u></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Monthly.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Cost Scheme</u></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Lumpsum based on Existing Asset Value (referring to Asset Anuity Value of each IT system assets) and OPEX.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Applicable Law</u></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;text-decoration-line:underline;text-decoration-style:solid;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Law of Republic of Indonesia</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Dispute Settlement</u></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Indonesian National Board of Arbitration (BANI)</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:21.3pt;padding:0pt;">B.</td><td style="padding:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">MATERIAL TRANSACTION VALUE</b></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">The value of IndiHome Business Segment that will be spun-off by the Company to Telkomsel based on the Conditional Spin-Off Agreement is Rp 58,249,920,571,200,- (fifty eight trillion two hundred forty nine billion nine hundred twenty million five hundred seventy one thousand two hundred Indonesian Rupiah).</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">As part of the Spin-Off that will be carried out by the Company, the Company and Telkomsel will also carry out the Related Transaction with the following details:</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:21.3pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:32.7pt;padding:0pt;">a.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">for transactions based on the Wholesale Agreement</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> (WSA)</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">, the service fee to be received by the Company from Telkomsel shall be calculated based on </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">the percentage of the revenue from IndiHome Business Segment multiplied by the projection of IndiHome Business Segment&#39;s revenue from the period of 2023 H2 until 2024 H1</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">, which is estimated to be Rp </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">18,747,341,007,230</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> (</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">eighteen trillion seven hundred forty seven billion three hundred forty one million seven thousand and two hundred thirty </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Indonesian Rupiah)</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:21.3pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:32.7pt;padding:0pt;">b.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">f</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">or transactions based on the Fixed Broadband Core</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Transition Service Agreement </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">(TSA-1)</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">, the service fee to be received by the Company from Telkomsel shall be calculated based on</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> 3</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">(three) components: (i) Operating Expenses (OPEX), (ii) Existing Asset Value, and (iii) Additional investment fee in the future from the period of 2023 H2 until 2024 H1</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">, which </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">amount </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">is estimated to be Rp </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">495,971,226,790</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> (</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">four hundred ninety five billion nine hundred seventy one million two hundred twenty six thousand seven hundred ninety</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> Indonesian Rupiah)</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:21.3pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:32.7pt;padding:0pt;">c.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">f</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">or transactions based on the IT System</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Transition Service Agreement </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">(TSA-2)</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">, the service fee to be received by the Company from Telkomsel shall be calculated based on </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">3 (three) components: (i) Operating Expenses (OPEX), (ii) Existing Asset Value, and (iii) Additional investment fee in the future from the period of 2023 H2 until 2025 H1</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">, which </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">amount </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">is estimated to be Rp </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">489,264,960,646</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> (</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">four hundred eighty nine billion</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">two hundred sixty four million nine hundred sixty thousand six hundred forty six </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Indonesian Rupiah).</font></td></tr></table><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 54pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:21.3pt;padding:0pt;">C.</td><td style="padding:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">PARTIES CONDUCTING THE TRANSACTION</b></td></tr></table><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;margin-left:0pt;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:21.3pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">1.</td><td style="padding:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;letter-spacing:0.05pt;">INFORMATION ABOUT THE COMPANY</b></td></tr></table><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin:0pt 0pt 0pt 39.3pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;">GENERAL</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">The Company was established under the Deed of Establishment of PT Telekomunikasi Indonesia (Persero) Tbk Number 128 dated September 24, 1991, drawn up before Imas Fatimah, S.H., a Notary in Jakarta, which has obtained approval from the Ministry of Law and Human Rights based on its decree Number C2-6870.HT.01.01.Tahun 1991 dated November 19, 1991 and announced in the State Gazette of the Republic of Indonesia Number 5 dated January 17, 1992, Supplement to the State Gazette Number 210 (&quot;</font><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Deed of Establishment of the Company</b><font style="font-family:'Arial','Helvetica','sans-serif';">&quot;). </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">The Company&#8217;s Articles of association has been amended several times and the latest amendment as stated in the Deed of Statement of GMS Resolution of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk No. 37 dated June 22, 2022, drawn up before Ashoya Ratam, S.H., M.Kn., a Notary in South Jakarta, as has been approved and recorded in the database of the Legal Entity Administration System of the Ministry of Law and Human Rights based on MoLHR Decree Number AHU-004650.AH.01.02.Tahun 2022 dated June 29, 2022 on Approval of Company&#8217;s Amendment of the Articles of Association (&quot;</font><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Deed 22/2022</b><font style="font-family:'Arial','Helvetica','sans-serif';">&quot;). The Deed of Establishment of the Company as last amended by Deed 22/2022 is the articles of association of the Company (&quot;</font><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Articles of Association of the Company</b><font style="font-family:'Arial','Helvetica','sans-serif';">&quot;). The Company is domiciled and</font><font style="font-family:'Arial','Helvetica','sans-serif';"> </font><font style="font-family:'Arial','Helvetica','sans-serif';">having a head office in </font><font style="font-family:'Arial','Helvetica','sans-serif';">Bandung, having the address</font><font style="font-family:'Arial','Helvetica','sans-serif';"> </font><font style="font-family:'Arial','Helvetica','sans-serif';">at </font><font style="font-family:'Arial','Helvetica','sans-serif';">Graha Merah Putih, Jl. Japati No. 1, Bandung, West Java, 40133. &#160;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">The Company has the purpose and objective as stated in Article 3 paragraph (1) Articles of Association of the Company, i.e., to engage businesses in the operations of telecommunication networks and services sector, informatics, and optimization of utilization of resources proprietary to the Company to produce high quality and strongly competitive goods and/or services to obtain/pursue profits in order to increase the value of the Company by applying the principles of Limited Liability Company. </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Based on Article 3 paragraph 2 of the Company&#8217;s Articles of Association</font><font style="font-family:'Arial','Helvetica','sans-serif';">, in order to achieve the purposes and objectives mentioned above, the Company may carry out its main business activities generally as follows:</font><font style="font-family:'Arial','Helvetica','sans-serif';"> </font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">a.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Planning, constructing, providing, developing, operating, marketing/selling/leasing and maintaining telecommunication and informatics networks in the broadest definition with due observance of the statutory regulations;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">b.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Planning, developing, providing, marketing/selling and improving telecommunication and informatics networks in the broadest definition with due observance of the statutory regulations;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">c.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Making investment including capital participation in other companies who are in line with and in order to achieve the purposes and objectives of the Company. </font></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">In addition to the main business activities as referred above on Article 3 paragraph (2) of the Company&#8217;s Articles of Association, generally the Company may carry out supporting/auxiliary business activities in optimizing the utilization of its resources to:</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">a.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">P</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">rovide payment and money transfer transaction services through telecommunication and informatics networks</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">;</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> </font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">b.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;">C</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;">arry out other activities and businesses in the framework of optimization of resources owned by the Company, among others, the utilization of fixed assets and current assets, information system facilities, education and training facilities, maintenance and repair facilities</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:normal;">;</font></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:17.85pt;padding:0pt;">c.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">C</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">ooperate with other parties in the framework of optimization of informatics, communication or technology resources owned by other parties as informatics, communication and technology industry players, which are in line with and in order to achieve the purposes and objectives of the Company.</font></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin:0pt 0pt 0pt 42.55pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;">COMPANY&#8217;S CAPITAL STRUCTURE AND SHAREHOLDER COMPOSITION </b></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">The current capital structure of the Company, based on the Company&#8217;s Articles of Association, is as follows: </font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;letter-spacing:0.05pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><div style="padding-left:45pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;padding-right:0pt;table-layout:auto;width:90%;"><tr style="height:28.75pt;"><td style="vertical-align:middle;width:21.09%;background:#d9d9d9;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Information</b></p></td><td style="vertical-align:middle;width:17.86%;background:#d9d9d9;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Total Shares</b></p></td><td style="vertical-align:middle;width:29.22%;background:#d9d9d9;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Nominal Value Per Share</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">(Rp)</b></p></td><td style="vertical-align:middle;width:31.8%;background:#d9d9d9;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Total Nominal Value (Rp)</b></p></td></tr><tr style="height:23.15pt;"><td colspan="4" style="vertical-align:top;width:100%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:justify;margin:0pt 5.5pt 0pt 4.5pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Authorized Capital</b></p></td></tr><tr style="height:23.15pt;"><td style="vertical-align:top;width:21.09%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:justify;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Dwiwarna Series A Share </font></p></td><td style="vertical-align:top;width:17.86%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:justify;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">1</font></p></td><td style="vertical-align:top;width:29.22%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">50</font></p></td><td style="vertical-align:top;width:31.8%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">50</font></p></td></tr><tr style="height:23.15pt;"><td style="vertical-align:top;width:21.09%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:justify;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Series B</font></p></td><td style="vertical-align:top;width:17.86%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:justify;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';white-space:pre-wrap;"> </font><font style="font-family:'Arial','Helvetica','sans-serif';">389,999,999,999</font></p></td><td style="vertical-align:top;width:29.22%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">50</font></p></td><td style="vertical-align:top;width:31.8%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">19,499,999,999,950</font></p></td></tr><tr style="height:23.15pt;"><td style="vertical-align:top;width:21.09%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:justify;margin:0pt 5.5pt 0pt 4.5pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Total</b></p></td><td style="vertical-align:top;width:17.86%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;margin-left:0pt;margin-right:0pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:29.22%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;margin-left:0pt;margin-right:0pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:31.8%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">19,500,000,000,000</font></p></td></tr><tr style="height:21.1pt;"><td colspan="4" style="vertical-align:top;width:100%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;margin:0pt 5.5pt 0pt 4.5pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Issued and Paid-Up Capital </b></p></td></tr><tr style="height:3pt;"><td style="vertical-align:top;width:21.09%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:justify;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Dwiwarna Series A Share</font></p></td><td style="vertical-align:top;width:17.86%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:justify;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">1</font></p></td><td style="vertical-align:top;width:29.22%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">50</font></p></td><td style="vertical-align:top;width:31.8%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">50</font></p></td></tr><tr style="height:3pt;"><td style="vertical-align:top;width:21.09%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:justify;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Series B</font></p></td><td style="vertical-align:top;width:17.86%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:justify;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">99,062,216,599</font></p></td><td style="vertical-align:top;width:29.22%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">50</font></p></td><td style="vertical-align:top;width:31.8%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">4,953,110,829,950</font></p></td></tr><tr style="height:3pt;"><td style="vertical-align:top;width:21.09%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:justify;margin:0pt 5.5pt 0pt 4.5pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Total</b></p></td><td style="vertical-align:top;width:17.86%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;margin-left:0pt;margin-right:0pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:29.22%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;margin-left:0pt;margin-right:0pt;visibility:hidden;background:#ffff00;">&#8203;</font></p></td><td style="vertical-align:top;width:31.8%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">4,953,110,830,000</font></p></td></tr></table></div><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;letter-spacing:0.05pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">The current shareholder composition of the Company, based on Company&#8217;s Register of Shareholders from BAE, PT Datindo Entrycom as of March 31, 2023, is as follows:</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><div style="padding-left:45pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;padding-right:0pt;table-layout:auto;width:90%;"><tr style="height:15.7pt;"><td style="vertical-align:middle;width:30.84%;background:#d9d9d9;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Shareholders</b></p></td><td colspan="2" style="vertical-align:middle;width:47.09%;background:#d9d9d9;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Total Shares</b></p></td><td style="vertical-align:middle;width:22.06%;background:#d9d9d9;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">%</b></p></td></tr><tr style="height:15.7pt;"><td style="vertical-align:middle;width:30.84%;background:#d9d9d9;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;font-weight:bold;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:middle;width:22.06%;background:#d9d9d9;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Dwiwarna Series A Share</font></p></td><td style="vertical-align:middle;width:25.02%;background:#d9d9d9;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Series B</font></p></td><td style="vertical-align:middle;width:22.06%;background:#d9d9d9;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;font-weight:bold;visibility:hidden;">&#8203;</font></p></td></tr><tr style="height:11.5pt;"><td style="vertical-align:top;width:30.84%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:justify;margin:0pt 8.9pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Government of Republic Indonesia </font></p></td><td style="vertical-align:top;width:22.06%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 0pt 0pt 3.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">1</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:center;margin:0pt 0pt 0pt 3.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:25.02%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 0pt 0pt 3.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">51,602,353,560</font></p></td><td style="vertical-align:top;width:22.06%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">52.09</font></p></td></tr><tr style="height:11.5pt;"><td style="vertical-align:top;width:30.84%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:justify;margin:0pt 8.9pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Public</font></p></td><td style="vertical-align:top;width:22.06%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 0pt 0pt 3.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">-</font></p></td><td style="vertical-align:top;width:25.02%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 0pt 0pt 3.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">47,459,863,039</font></p></td><td style="vertical-align:top;width:22.06%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">47.91</font></p></td></tr><tr style="height:11.5pt;"><td style="vertical-align:top;width:30.84%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:justify;margin:0pt 8.9pt 0pt 4.5pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Total</b></p></td><td style="vertical-align:top;width:22.06%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:center;margin:0pt 0pt 0pt 3.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;width:25.02%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 0pt 0pt 3.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">99,062,216,599</font></p></td><td style="vertical-align:top;width:22.06%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">100</font></p></td></tr></table></div><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;">MANAGEMENT AND SUPERVISION</b></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Based on the Deed of Statement of GMS Resolution </font><font style="font-family:'Arial','Helvetica','sans-serif';">Number</font><font style="font-family:'Arial','Helvetica','sans-serif';"> 34 </font><font style="font-family:'Arial','Helvetica','sans-serif';">dated</font><font style="font-family:'Arial','Helvetica','sans-serif';"> June 18, 2021 </font><font style="font-family:'Arial','Helvetica','sans-serif';">drawn up before</font><font style="font-family:'Arial','Helvetica','sans-serif';"> Ashoya Ratam, S.H., M.Kn., a Notar</font><font style="font-family:'Arial','Helvetica','sans-serif';">y</font><font style="font-family:'Arial','Helvetica','sans-serif';"> in Jakarta, </font><font style="font-family:'Arial','Helvetica','sans-serif';">which have been notified to MoLHR based on Notification of Company&#8217;s Data Amendment Receipt </font><font style="font-family:'Arial','Helvetica','sans-serif';">No. AHU-AH.01.03-0401450 </font><font style="font-family:'Arial','Helvetica','sans-serif';">dated </font><font style="font-family:'Arial','Helvetica','sans-serif';">June 25, 2021 </font><font style="font-family:'Arial','Helvetica','sans-serif';">regarding changes in the Company&#8217;s management as well as based on Company&#8217;s Board of Commissioners Letter Number 073/SRT/DK/2022 dated July 11, 2022</font><font style="font-family:'Arial','Helvetica','sans-serif';">, and Number 167/SRT/DK/2022 dated December 6, 2022 regarding the Duty Period Extension of FM Venusiana R as Officer (PLT) Director of </font><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">Enterprise &amp; Business Service</i><font style="font-family:'Arial','Helvetica','sans-serif';">, the Company&#8217;s composition of the members of the Board of Commissioners and the Board of Directors, is as follows: </font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;text-decoration-line:underline;text-decoration-style:solid;visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><u style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Board of Commissioners</u></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;letter-spacing:0.05pt;margin-left:0pt;text-decoration-line:underline;text-decoration-style:solid;visibility:hidden;">&#8203;</font></p><div style="padding-left:40.5pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;width:95.09%;"><tr><td style="vertical-align:top;width:49.58%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">President Commissioner concurrently serving as Independent Commissioner</font></p></td><td style="vertical-align:top;width:50.41%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">: </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Bambang Permadi Soemantri Brojonegoro</font></p></td></tr><tr><td style="vertical-align:top;width:49.58%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Independent Commissioner</font></p></td><td style="vertical-align:top;width:50.41%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">: </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Wawan Iriawan</font></p></td></tr><tr><td style="vertical-align:top;width:49.58%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Independent Commissioner</font></p></td><td style="vertical-align:top;width:50.41%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">: </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Bono Daru Adji</font></p></td></tr><tr><td style="vertical-align:top;width:49.58%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Independent Commissioner</font></p></td><td style="vertical-align:top;width:50.41%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">: </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Abdi Negara Nurdin</font></p></td></tr><tr><td style="vertical-align:top;width:49.58%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Commissioner</font></p></td><td style="vertical-align:top;width:50.41%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">: </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Marcelino Pandin</font></p></td></tr><tr><td style="vertical-align:top;width:49.58%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Commissioner</font></p></td><td style="vertical-align:top;width:50.41%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">: </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Ismail</font></p></td></tr><tr><td style="vertical-align:top;width:49.58%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Commissioner</font></p></td><td style="vertical-align:top;width:50.41%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">: </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Rizal Mallarangeng</font></p></td></tr><tr><td style="vertical-align:top;width:49.58%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Commissioner</font></p></td><td style="vertical-align:top;width:50.41%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">: </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Isa Rachmatarwata</font></p></td></tr><tr><td style="vertical-align:top;width:49.58%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Commissioner</font></p></td><td style="vertical-align:top;width:50.41%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">: </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Arya Mahendra Sinulingga</font></p></td></tr></table></div><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;letter-spacing:0.05pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><u style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Board of Directors</u></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;letter-spacing:0.05pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><div style="padding-left:40.5pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;width:95.09%;"><tr><td style="vertical-align:top;width:49.58%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">President Director</font></p></td><td style="vertical-align:top;width:50.41%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">: </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Ririek Adriansyah</font></p></td></tr><tr><td style="vertical-align:top;width:49.58%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Director of</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> Strategic Portofolio</font></p></td><td style="vertical-align:top;width:50.41%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">: Budi Setyawan Wijaya</font></p></td></tr><tr><td style="vertical-align:top;width:49.58%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Director of</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Finance </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">&amp; </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Risk Management</font></p></td><td style="vertical-align:top;width:50.41%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">: </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Heri Supriadi</font></p></td></tr><tr><td style="vertical-align:top;width:49.58%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Director of </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Network &amp; IT Solution</font></p></td><td style="vertical-align:top;width:50.41%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">: </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Herlan Wijanarko</font></p></td></tr><tr><td style="vertical-align:top;width:49.58%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Director of </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Wholesale &amp; International Service</font></p></td><td style="vertical-align:top;width:50.41%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">: </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Bogi Witjaksono</font></p></td></tr><tr><td style="vertical-align:top;width:49.58%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Director of </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Digital Business</font><font style="display:inline-block;width:22.56pt;"></font></p></td><td style="vertical-align:top;width:50.41%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">: </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Muhamad Fajrin Rasyid</font></p></td></tr><tr><td style="vertical-align:top;width:49.58%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Director of </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Human Capital Management</font></p></td><td style="vertical-align:top;width:50.41%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">: </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Afriwandi</font></p></td></tr><tr><td style="vertical-align:top;width:49.58%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Director of </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Consumer Service</font></p></td><td style="vertical-align:top;width:50.41%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">: </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">FM Venusiana R</font></p></td></tr><tr><td style="vertical-align:top;width:49.58%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Tasks Executor (PLT) </font><font style="font-family:'Arial','Helvetica','sans-serif';">Director of </font><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">Enterprise &amp; Business Service</i></p></td><td style="vertical-align:top;width:50.41%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">: </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">FM Venusiana R</font></p></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:21.3pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:12pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">2.</td><td style="padding:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:12pt;font-style:normal;font-weight:bold;letter-spacing:0.05pt;">INFORMATION ABOUT TELKOMSEL</b></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin:0pt 0pt 0pt 42.55pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">GENERAL</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Telkomsel is </font><font style="font-family:'Arial','Helvetica','sans-serif';">a limited liability company established according to and based on the laws of Republic of Indonesia, domiciled in South Jakarta, </font><font style="font-family:'Arial','Helvetica','sans-serif';">based on Deed of Establishment No. 181 dated May 26, 1995, drawn up before Poerbaningsih Adi Warsito, S.H., a Notary in Jakarta, which have received approval from the Ministry of Law and Human Rights of the Republic of Indonesia in accordance with Decree No. C2-7735.HT.01.01.TH.1995 dated June 19, 1995 and been announced in the Republic of Indonesia State Gazette No. 94 dated November 24, 1995, Supplement No. 9719 </font><font style="font-family:'Arial','Helvetica','sans-serif';">(&quot;</font><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Telkomsel Deed of Establishment</b><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">&quot;</b><font style="font-family:'Arial','Helvetica','sans-serif';">)</font><font style="font-family:'Arial','Helvetica','sans-serif';">.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Telkomsel&#8217;s Articles of Association are contained in Deed No. 69, dated June 26, 2008, drawn up before </font><font style="font-family:'Arial','Helvetica','sans-serif';">Mala Mukti, S.H., L.L.M., a Notary in Jakarta, and have received approval from MoLHR of Republic of Indonesia in accordance with Decree No. AHU-36943.AH.01.02.Tahun 2008 dated June 30, 2008, as recently amended based on </font><font style="font-family:'Arial','Helvetica','sans-serif';">the Deed of Statement of Shareholders </font><font style="font-family:'Arial','Helvetica','sans-serif';">No. </font><font style="font-family:'Arial','Helvetica','sans-serif';">14 </font><font style="font-family:'Arial','Helvetica','sans-serif';">dated </font><font style="font-family:'Arial','Helvetica','sans-serif';">January 30, 2023, </font><font style="font-family:'Arial','Helvetica','sans-serif';">drawn up before </font><font style="font-family:'Arial','Helvetica','sans-serif';">Bonardo Nasution, S.H.</font><font style="font-family:'Arial','Helvetica','sans-serif';">, a Notary in Jakarta, as has been approved by MoLHR based on MOLHR Decree No. </font><font style="font-family:'Arial','Helvetica','sans-serif';">AHU-0006614.AH.01.02.TAHUN 2023</font><font style="font-family:'Arial','Helvetica','sans-serif';"> dated January 31</font><font style="font-family:'Arial','Helvetica','sans-serif';">, 2023 regarding the Approval of the Amendment of Article of Association of PT Telekomunikasi Selular </font><font style="font-family:'Arial','Helvetica','sans-serif';">(collectively referred to as &quot;</font><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Telkomsel</b><font style="font-family:'Arial','Helvetica','sans-serif';"> </font><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Articles of Association</b><font style="font-family:'Arial','Helvetica','sans-serif';">&quot;). </font><font style="font-family:'Arial','Helvetica','sans-serif';">Telkomsel is domiciled in South Jakarta and having its head office at Telkom Landmark Tower, Tower 1, Jalan Jend. Gatot Subroto Kav. 52, Jakarta, 12710. </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Based on Article 3 paragraph 1 of Telkomsel Articles of Association, the purpose and objectives, as well as Telkomsel&#8217;s business activities are to engage in the provision of mobile/wireless telecommunications networks and services, internet protocol television services, resale of telecommunication services, specialized retail of information and telecommunication equipment, other telecommunication activities, information services activities, and programming activities, as well as services related to web portals, web hosting, services for organizing trade transactions through electronic systems, advertising services related to Mobile Digital Advertising, data processing activities, consulting in the field of telecommunications, and technology-based financial services (financial technology/fintech).</font><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;"> </i></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">To achieve the purpose and objectives mentioned above, Telkomsel may carry out the following main business activities in general:</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';text-decoration-line:line-through;text-decoration-style:solid;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">a.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Carrying out and conducting business activities in the field of facilities and the implementation of mobile telecommunications services and wireless telecommunications activities throughout Indonesia or across countries using Global System for Mobile Communication (&quot;GSM&quot;) technology and/or other technologies (including but not limited to any replacement technology for GSM technology and/or future wireless telecommunications technology) in accordance with applicable regulations. </font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">b.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Planning, engineering, constructing, providing, developing and operating as well as maintaining facilities in the form of mobile telecommunication networks including STBS-GSM networks and other supporting infrastructure/facilities necessary to support the implementation of related telecommunication services.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">c.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Providing, developing and organizing services related to mobile telecommunication networks and services and their derivative services including but not limited to the following: (i) multimedia services; (ii) internet service provider services; (iii) internet telephony services; (iv) Internet of Things services; (v) Machine to Machine application services; (vi) mobile cyber security services; (vii) application analytical services; (viii) content provider services, (ix) electronic financial transaction services including card payment services; (x) electronic money issuers; and (xi) electronic money transfer services both domestically and across countries in order to provide expanded telecommunication services for the public;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">d.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Providing facilities to sellers related to electronic transaction programs (e-commerce platforms), which connect sellers and consumers and enable sellers to open and operate their online shops, operate and provide websites that function as internet shopping centers, where consumers can purchase goods (including digital content) or services sold by participating sellers, and provide market place services;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">e.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Providing data processing </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">services</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> and consultancy services in the telecommunications sector including but not limited to the provision of mobile consumer insight and mobile data analytics;;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">f.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Providing advertising services related to Mobile Digital Advertising</font><i style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:italic;font-weight:normal;">;</i></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">g.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Providing technology-based financial services (financial technology/fintech) including but not limited to mobile payment, mobile funding, mobile aggregator, payment gateway (non switching), e-wallet; and &#160;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">h.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Carrying out other business activities in order to optimize the resources owned by Telkomsel, among others, the utilization of fixed assets and movable assets, and Telkomsel&#39;s information system facilities among others, such as activities of technical analysis and testing.</font></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin:0pt 0pt 0pt 42.55pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">TELKOMSEL CAPITAL STRUCTURE AND SHAREHOLDER COMPOSITION</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;font-weight:bold;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">The current Telkomsel&#8217;s capital structure, based on Telkomsel Articles of Association</font><font style="font-family:'Arial','Helvetica','sans-serif';">, is as follows</font><font style="font-family:'Arial','Helvetica','sans-serif';">:</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p><div style="padding-left:45pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;padding-right:0pt;table-layout:auto;width:88.14%;"><tr style="height:8.5pt;"><td style="vertical-align:middle;width:18.23%;background:#d9d9d9;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Information</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;font-style:italic;font-weight:bold;margin-left:0pt;margin-right:0pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:middle;width:19.9%;background:#d9d9d9;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Total Shares</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><font style="color:#ff0000;font-family:'Arial','Helvetica','sans-serif';font-size:13pt;font-style:italic;font-weight:bold;margin-left:0pt;margin-right:0pt;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:middle;width:29.45%;background:#d9d9d9;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Nominal Value Per Share</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">(Rp)</b></p></td><td style="vertical-align:middle;width:32.4%;background:#d9d9d9;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Total Nominal</b><font style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;"> </font><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Value</b><font style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;"> </font><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">(Rp)</b></p></td></tr><tr style="height:5.35pt;"><td style="vertical-align:top;width:18.23%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:justify;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Authorized Capital</font></p></td><td style="vertical-align:top;width:19.9%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">650,000</font></p></td><td style="vertical-align:top;width:29.45%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">1,000,000</font></p></td><td style="vertical-align:top;width:32.4%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">650,000,000,000</font></p></td></tr><tr style="height:5.35pt;"><td style="vertical-align:top;width:18.23%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:justify;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Issued and Paid-Up Capital</font></p></td><td style="vertical-align:top;width:19.9%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">182,570</font></p></td><td style="vertical-align:top;width:29.45%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">1,000,000</font></p></td><td style="vertical-align:top;width:32.4%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 5.5pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">182,570,000,000</font></p></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Telkomsel&#8217;s shareholder composition, based on Telkomsel Articles of Association</font><font style="font-family:'Arial','Helvetica','sans-serif';">,</font><font style="font-family:'Arial','Helvetica','sans-serif';"> is as follows:</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p><div style="padding-left:45pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;padding-right:0pt;table-layout:auto;width:88.14%;"><tr style="height:16.6pt;"><td style="vertical-align:middle;width:38.11%;background:#d9d9d9;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 4.05pt 0pt 4.5pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Shareholders</b></p></td><td style="vertical-align:middle;width:29.47%;background:#d9d9d9;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 4.05pt 0pt 4.5pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Total Shares</b></p></td><td style="vertical-align:middle;width:32.4%;background:#d9d9d9;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 4.05pt 0pt 4.5pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">%</b></p></td></tr><tr style="height:11.5pt;"><td style="vertical-align:top;width:38.11%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:justify;margin:0pt 4.05pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Company</font></p></td><td style="vertical-align:top;width:29.47%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 4.05pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">118,677</font></p></td><td style="vertical-align:top;width:32.4%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 4.05pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">65</font></p></td></tr><tr style="height:11.5pt;"><td style="vertical-align:top;width:38.11%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:justify;margin:0pt 4.05pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Singapore Telecom Mobile Pte Ltd</font></p></td><td style="vertical-align:top;width:29.47%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 4.05pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">63,893</font></p></td><td style="vertical-align:top;width:32.4%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 4.05pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">35</font></p></td></tr><tr style="height:11.5pt;"><td style="vertical-align:top;width:38.11%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:justify;margin:0pt 4.05pt 0pt 4.5pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Total</b></p></td><td style="vertical-align:top;width:29.47%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 4.05pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">182,570</font></p></td><td style="vertical-align:top;width:32.4%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:8pt;line-height:13pt;text-align:center;margin:0pt 4.05pt 0pt 4.5pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">100.00</font></p></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;text-indent:3.25pt;margin:0pt 0pt 0pt 39.3pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">MANAGEMENT AND SUPERVISION</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;font-weight:bold;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">As stated in the Deed of Statement of GMS Resolution of Telkomsel </font><font style="font-family:'Arial','Helvetica','sans-serif';">No. </font><font style="font-family:'Arial','Helvetica','sans-serif';">54</font><font style="font-family:'Arial','Helvetica','sans-serif';"> dated </font><font style="font-family:'Arial','Helvetica','sans-serif';">June 15, 2022, </font><font style="font-family:'Arial','Helvetica','sans-serif';">drawn up before </font><font style="font-family:'Arial','Helvetica','sans-serif';">Mala Mukti, S.H., LL.M, a Notary in Jakarta, which has been notified to the MoLHR based on Notification of Company&#8217;s Data Amendment Receipt No. AHU-AH.01.09-0022572 dated June 16, 2022, </font><font style="font-family:'Arial','Helvetica','sans-serif';">the Telkomsel&#8217;s composition of the members of the Board of Commissioners and the Board of Directors, is as follows:</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Board of Commissioners</u></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">President Commissioner </font><font style="display:inline-block;width:25.75pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';">:</font><font style="display:inline-block;width:33.22pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';">Wishnutama Kusubandio</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:65.45pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Commissioner</font></font><font style="display:inline-block;width:36pt;"></font><font style="display:inline-block;width:36pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';">:</font><font style="display:inline-block;width:33.22pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';">Heri Supriadi</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:65.45pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Commissioner</font></font><font style="display:inline-block;width:36pt;"></font><font style="display:inline-block;width:36pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';">:</font><font style="display:inline-block;width:33.22pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';">Yose Rizal</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:65.45pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Commissioner</font></font><font style="display:inline-block;width:36pt;"></font><font style="display:inline-block;width:36pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';">:</font><font style="display:inline-block;width:33.22pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';">Nanang Pamuji Megasejati</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:65.45pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Commissioner</font></font><font style="display:inline-block;width:36pt;"></font><font style="display:inline-block;width:36pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';">:</font><font style="display:inline-block;width:33.22pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';">Yuen Kuan Moon</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:65.45pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Commissioner</font></font><font style="display:inline-block;width:36pt;"></font><font style="display:inline-block;width:36pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';">:</font><font style="display:inline-block;width:33.22pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';">Anna Yip</font><font style="display:inline-block;width:31.41pt;"></font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;padding-left:117pt;text-align:justify;text-indent:-117pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;font-weight:bold;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;padding-left:198pt;text-align:justify;text-indent:-198pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;font-weight:bold;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><u style="font-family:'Arial','Helvetica','sans-serif';text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Board of Directors</u></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">President Director</font><font style="display:inline-block;width:21.42pt;"></font><font style="display:inline-block;width:36pt;"></font><font style="display:inline-block;width:36pt;"></font><font style="display:inline-block;width:36pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';">:</font><font style="display:inline-block;width:33.22pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';">Hendri Mulya Syam</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Director of Finance and Risk Management </font><font style="display:inline-block;width:19.36pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';">: </font><font style="display:inline-block;width:30.44pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';">Mohamad Ramzy</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Director of Sales</font><font style="display:inline-block;width:27.53pt;"></font><font style="display:inline-block;width:36pt;"></font><font style="display:inline-block;width:36pt;"></font><font style="display:inline-block;width:36pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';">:</font><font style="display:inline-block;width:33.22pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';">Adiwinahyu Basuki Sigit</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Director of Planning &amp; Transformation</font><font style="display:inline-block;width:6.16pt;"></font><font style="display:inline-block;width:36pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';">: </font><font style="display:inline-block;width:30.44pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';">Wong Soon Nam</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="display:inline-block;text-align:left;text-indent:0pt;width:65.45pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Director of IT</font></font><font style="display:inline-block;width:36pt;"></font><font style="display:inline-block;width:36pt;"></font><font style="display:inline-block;width:36pt;"></font><font style="display:inline-block;width:36pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';">:</font><font style="display:inline-block;width:33.22pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';">Bharat Alva</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Director of Network</font><font style="display:inline-block;width:15.87pt;"></font><font style="display:inline-block;width:36pt;"></font><font style="display:inline-block;width:36pt;"></font><font style="display:inline-block;width:36pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';">:</font><font style="display:inline-block;width:33.22pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';">Nugroho</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Director of Human Capital Management</font><font style="display:inline-block;width:33.26pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';">:</font><font style="display:inline-block;width:33.22pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';">R Muharam Perbawamukti</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Director of Marketing</font><font style="display:inline-block;width:8.64pt;"></font><font style="display:inline-block;width:36pt;"></font><font style="display:inline-block;width:36pt;"></font><font style="display:inline-block;width:36pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';">:</font><font style="display:inline-block;width:33.22pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';">Derrick Heng</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;background:#ffff00;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><div style="margin-left:-0.3pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;padding-right:0pt;table-layout:auto;width:99.44%;"><tr style="height:29.15pt;"><td style="color:#ffffff;vertical-align:top;width:100%;background:#000000;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><div style="height:29.15pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:center;width:100%;border:0pt;"><div style="display:table-row;"><div style="color:#ffffff;display:table-cell;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">III.</div><div style="display:table-cell;padding:0pt;"><b style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">REASONS, EXPLANATIONS, AND BENEFITS OF CONDUCTING THE PROPOSED TRANSACTION</b></div></div></div></div></div></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:21.3pt;padding:0pt;">A.</td><td style="padding:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;letter-spacing:0.05pt;">REASONS AND EXPLANATIONS OF CONDUCTING THE PROPOSED TRANSACTION</b></td></tr></table><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 36pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Currently, </font><font style="font-family:'Arial','Helvetica','sans-serif';">Telkom</font><font style="font-family:'Arial','Helvetica','sans-serif';">&#39;s business activities continue to grow and expand, especially in the field of telecommunications and information technology industries </font><font style="font-family:'Arial','Helvetica','sans-serif';">which</font><font style="font-family:'Arial','Helvetica','sans-serif';"> follow the development of information technology, networks, and </font><font style="font-family:'Arial','Helvetica','sans-serif';">digitalization</font><font style="font-family:'Arial','Helvetica','sans-serif';">. In line with the transformation to become a digital telco, T</font><font style="font-family:'Arial','Helvetica','sans-serif';">elkom</font><font style="font-family:'Arial','Helvetica','sans-serif';"> has set its focus on three pillars of business domains, namely digital connectivity, digital platforms, and digital services. This transformation aims to make T</font><font style="font-family:'Arial','Helvetica','sans-serif';">elkom</font><font style="font-family:'Arial','Helvetica','sans-serif';">&#39;s organization more lean and agile in addressing rapid changes in the telecommunications and information technology industries, which will improve efficiency and effectively enhance customer experience. As other telecommunications operators have done, such as Telstra and Telefonica, T</font><font style="font-family:'Arial','Helvetica','sans-serif';">elkom</font><font style="font-family:'Arial','Helvetica','sans-serif';"> is seeking alternatives to create and utilize value from its assets and businesses, including broadband business.</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Mobile or fixed-only operators globally are deploying a fixed mobile convergence strategy, capturing significant synergies and providing a seamless experience for their customer. To maximize value and address challenges in the telecommunications industry, T</font><font style="font-family:'Arial','Helvetica','sans-serif';">elkom</font><font style="font-family:'Arial','Helvetica','sans-serif';"> plans to integrate its mobile and broadband businesses to provide the best broadband offering with cost efficiency to customers. In addition, T</font><font style="font-family:'Arial','Helvetica','sans-serif';">elkom</font><font style="font-family:'Arial','Helvetica','sans-serif';"> can also produce new generation telecommunications services (modernization) that can improve customer loyalty and length of stay and accelerate the process of equalizing broadband services for people throughout </font><font style="font-family:'Arial','Helvetica','sans-serif';">all regions of </font><font style="font-family:'Arial','Helvetica','sans-serif';">Indonesia.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:21.3pt;padding:0pt;">B.</td><td style="padding:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;letter-spacing:0.05pt;">BENEFITS OF CONDUCTING THE PROPOSED TRANSACTION</b></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 0pt 21.25pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">The Proposed Transaction is expected to provide a number of benefits as follows: </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:26.35pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:16.2pt;padding:0pt;">1.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">For Telkom:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">a.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Potential efficiency from fixed &amp; mobile broadband network collaboration;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">b.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Strengthening Telkom Group&#39;s positioning as a market leader in digital telco; </font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">c.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Improving</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> company performance;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">d.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">More adaptable to industry dynamics.</font></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:26.35pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:16.2pt;padding:0pt;">2.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">For customers:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">a.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Improved service with seamless experience;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">b.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Easier and more equitable access to digital services, leading to increased productivity;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">c.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Prioritizing value for money.</font></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:26.35pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:16.2pt;padding:0pt;">3.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">For the Government:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">a.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Supporting the growth of the company which has the potential to increase government revenue from taxes</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">/, </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">dividends</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">, and state non-tax revenue</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">b.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Increasing the company&#39;s valuation;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">c.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Promoting higher levels of digital adoption;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">d.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Accelerating home broadband penetration.</font></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:26.35pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:16.2pt;padding:0pt;">4.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">For the industry:</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">a.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Greater industry efficiency and productivity;</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Times New Roman','Times','serif';font-size:10pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:21.25pt;padding:0pt;">b.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Making the industry more attractive and competitive.</font></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><div style="margin-left:-0.3pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;padding-right:0pt;table-layout:auto;width:99.44%;"><tr style="height:24.15pt;"><td style="color:#ffffff;vertical-align:top;width:100%;background:#000000;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><div style="height:24.15pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:center;width:100%;border:0pt;"><div style="display:table-row;"><div style="color:#ffffff;display:table-cell;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">IV.</div><div style="display:table-cell;padding:0pt;"><b style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">EXPLANATION, CONSIDERATION, AND REASONING BEHIND TRANSACTION WITH AFFILIATED PARTY</b><b style="color:#ff0000;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;"> </b></div></div></div></div></div></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:21.3pt;padding:0pt;">A.</td><td style="padding:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">NATURE OF AFFILIATED RELATIONSHIP</b></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Telkomsel is a Controlled Company of the Company with a percentage of Company&#8217;s ownership in Telkomsel, as of the date of this Spin-Off Plan and Disclosure of Information, of 65% (sixty-five percent) of Telkomsel&#39;s total issued and paid-up capital.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:21.3pt;padding:0pt;">B.</td><td style="padding:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">EXPLANATION, CONSIDERATION, AND REASONING BEHIND AFFILIATED TRANSACTIONS COMPARED TO OTHER SIMILAR TRANSACTIONS NOT CONDUCTED WITH THE AFFILIATED PARTY</b></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">This Proposed Transaction is carried out with an affiliated party considering that Telkomsel is a Controlled Company that is directly owned and controlled by the Company and will remain owned and controlled by the Company after the completion of the Proposed Transaction. This Proposed Transaction will mutually benefit the IndiHome Business Segment and Telkomsel in strengthening market penetration efforts and providing services to meet the needs of the community. In addition, in carrying out its business activities, the Company and Telkomsel understand and share an aligned business vision, so that this Proposed Transaction is expected to have a positive impact on the Indihome Business Segment, Telkomsel, and the Company. On the other hand, if this Spin-Off is carried out with a party that is not affiliated, it may potentially result in the Company losing control and management over the spun-off IndiHome Business Segment and the failure to realize the expected synergy potential for the Indihome Business Segment and the other unaffiliated entity.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><div style="margin-left:-0.3pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;padding-right:0pt;table-layout:auto;width:99.44%;"><tr style="height:17.55pt;"><td style="color:#ffffff;vertical-align:top;width:100%;background:#000000;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><div style="height:17.55pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:center;width:100%;border:0pt;"><div style="display:table-row;"><div style="color:#ffffff;display:table-cell;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">V.</div><div style="display:table-cell;padding:0pt;"><b style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">SUMMARY OF FINANCIAL STATEMENTS</b></div></div></div></div></div></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:21.3pt;padding:0pt;">A.</td><td style="padding:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;letter-spacing:0.05pt;">COMPANY</b></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">The table below shows the financial statements and statement of profit and loss of the Company that are summarized from the Company&#39;s financial statements ending on December 31, 2020, December 31, 2021, and December 31, 2022, which have been audited by a Public Accounting Firm (KAP) Purwantono Sungkoro &amp; Surja</font><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">.</i></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:13pt;text-align:justify;text-indent:21.3pt;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Company&#8217;s Financial Position</b></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:13pt;text-align:center;margin:0pt 0pt 0pt 324pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">in billions of Rupiah</font></p><div style="padding-left:21.3pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:89.13%;"><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:37.7%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td colspan="3" style="vertical-align:bottom;white-space:normal;width:62.29%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">December 31</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:37.7%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:normal;width:21.31%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2020</b></p></td><td style="vertical-align:bottom;white-space:normal;width:24.57%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2021</b></p></td><td style="vertical-align:bottom;white-space:normal;width:16.4%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2022</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:37.7%;background:#cceeff;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">CURRENT ASSETS </font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.31%;background:#cceeff;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">46,503 </font></p></td><td style="vertical-align:bottom;white-space:normal;width:24.57%;background:#cceeff;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">61,277 </font></p></td><td style="vertical-align:bottom;white-space:normal;width:16.4%;background:#cceeff;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">55,057 </font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:37.7%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">NON-CURRENT ASSETS </font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.31%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">200,440 </font></p></td><td style="vertical-align:bottom;white-space:normal;width:24.57%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">215,907 </font></p></td><td style="vertical-align:bottom;white-space:normal;width:16.4%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">220,135 </font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:37.7%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">TOTAL ASSETS</b></p></td><td style="vertical-align:bottom;white-space:normal;width:21.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">246,943 </b></p></td><td style="vertical-align:bottom;white-space:normal;width:24.57%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">277,184 </b></p></td><td style="vertical-align:bottom;white-space:normal;width:16.4%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">275,192 </b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:37.7%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">SHORT-TERMLIABILITIES </font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.31%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">69,093 </font></p></td><td style="vertical-align:bottom;white-space:normal;width:24.57%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">69,131 </font></p></td><td style="vertical-align:top;white-space:normal;width:16.4%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">70,388</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:37.7%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">LONG-TERM LIABILITIES </font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">56,961 </font></p></td><td style="vertical-align:bottom;white-space:normal;width:24.57%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">62,654 </font></p></td><td style="vertical-align:top;white-space:normal;width:16.4%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';white-space:pre-wrap;">55,542   </font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:37.7%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">TOTAL LIABILITIES</b></p></td><td style="vertical-align:bottom;white-space:normal;width:21.31%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">126,054 </b></p></td><td style="vertical-align:bottom;white-space:normal;width:24.57%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">131,785 </b></p></td><td style="vertical-align:bottom;white-space:normal;width:16.4%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">125,930 </b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:37.7%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">TOTAL EQUITY</b></p></td><td style="vertical-align:bottom;white-space:normal;width:21.31%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">120,889 </b></p></td><td style="vertical-align:bottom;white-space:normal;width:24.57%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">145,399 </b></p></td><td style="vertical-align:bottom;white-space:normal;width:16.4%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">149,262 </b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:37.7%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">TOTAL LIABILITIES &amp; EQUITY</b></p></td><td style="vertical-align:bottom;white-space:normal;width:21.31%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">246,943 </b></p></td><td style="vertical-align:bottom;white-space:normal;width:24.57%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">277,184 </b></p></td><td style="vertical-align:bottom;white-space:normal;width:16.4%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">275,192 </b></p></td></tr></table></div><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:13pt;text-align:justify;text-indent:21.3pt;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Company&#8217;s Statement of Profit and Loss</b></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:13pt;text-align:center;margin:0pt 0pt 0pt 324pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">in billions of Rupiah</font></p><div style="padding-left:21.3pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:87.68%;"><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td colspan="3" style="vertical-align:bottom;white-space:normal;width:58.37%;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">December 31</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2020</b></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2021</b></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2022</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">REVENUE</b></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Telephone Revenue</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">21,610 </font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">16,467 </font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">13,588 </font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Interconnection Revenue </font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">7,686 </font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">7,787 </font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">8,472 </font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Data, Internet, and Information Technology Services Revenue </font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">75,816</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">82,224</b></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">86,410</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Network Revenue </font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">1,689</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">1,880</b></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2,378</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">IndiHome Revenue</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">22,214</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">26,325</b></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">28,020</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Other Services </font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">5,170</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">6,115</b></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">5,834</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Revenue from Lessor Transactions</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">2,277</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2,412</b></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2,604</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Total Revenue</b></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">136,462 </b></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">143,210 </b></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">147,306 </b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">COSTS AND EXPENSES</b></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Operating, maintenance and telecommunication services expenses</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';white-space:pre-wrap;"> (34,593)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';white-space:pre-wrap;"> (38,133)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';white-space:pre-wrap;"> (38,184)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Depreciation and amortization expenses</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';white-space:pre-wrap;"> (28,892)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';white-space:pre-wrap;"> (31,816)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';white-space:pre-wrap;"> (33,255)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Employee expenses</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(14,390)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(15,524)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(14,907)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Interconnection expenses</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(5,406)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(5,181)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(5,440)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">General and administrative expenses </font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(6,511)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(5,016)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(5,854)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Marketing expenses </font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(3,482)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(3,633)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(3,929)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Unrealized gains from fair value changes </font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">129</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">3,432</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(6,438)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Other income &#8211; net</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">274</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">174</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">26</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Gain (loss) on foreign exchange &#8211; net </font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(86)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">50</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">256</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;font-weight:bold;visibility:hidden;">&#8203;</font></p><div style="padding-left:21.3pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;width:88.65%;"><tr style="height:1pt;"><th style="font-weight:normal;text-align:left;vertical-align:bottom;white-space:nowrap;width:39.38%;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></th><th colspan="3" style="font-weight:normal;text-align:left;vertical-align:bottom;white-space:nowrap;width:60.61%;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">December 31</b></p></th></tr><tr style="height:1pt;"><th style="font-weight:normal;text-align:left;vertical-align:bottom;white-space:nowrap;width:39.38%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></th><th style="font-weight:normal;text-align:left;vertical-align:bottom;white-space:nowrap;width:21.43%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2020</b></p></th><th style="font-weight:normal;text-align:left;vertical-align:bottom;white-space:nowrap;width:19.52%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2021</b></p></th><th style="font-weight:normal;text-align:left;vertical-align:bottom;white-space:nowrap;width:19.66%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2022</b></p></th></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">OPERATING PROFIT/(LOSS) </b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">43,505</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">47,563</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">39,581</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Finance income </font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">799</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">558</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">878</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Financing costs</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(4,520)</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(4,365)</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(4,033)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Share of loss of long-term investment in associates</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(246)</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(78)</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(87)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Impairment of long-term investment in associates</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(763)</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">-</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">-</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">PROFIT/(LOSS) BEFORE INCOME TAX</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">38,775</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">43,678</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">36,339</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">(EXPENSE) BENEFIT OF INCOME TAX</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Current</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(9,789)</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(9,556)</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(9,259)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Deferred</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">586</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(174)</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">600</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Total</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">(9,212)</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">(9,730)</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">(8,659)</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">CURRENT YEAR PROFIT/(LOSS) </b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">29,563</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">33,948</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">27,680</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">OTHER COMPREHENSIVE INCOME</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Actuarial profit (loss) &#8211; net</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(3,596)</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">1,955</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">1,464</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Other comprehensive income (loss) &#8211; net</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(3,577)</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">1,980</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">1,767</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td></tr></table></div></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><div style="padding-left:21.3pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;width:88.65%;"><tr style="height:1pt;"><th style="font-weight:normal;text-align:left;vertical-align:bottom;white-space:nowrap;width:39.38%;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></th><th colspan="3" style="font-weight:normal;text-align:left;vertical-align:bottom;white-space:nowrap;width:60.61%;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">December 31</b></p></th></tr><tr style="height:1pt;"><th style="font-weight:normal;text-align:left;vertical-align:bottom;white-space:nowrap;width:39.38%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></th><th style="font-weight:normal;text-align:left;vertical-align:bottom;white-space:nowrap;width:21.43%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2020</b></p></th><th style="font-weight:normal;text-align:left;vertical-align:bottom;white-space:nowrap;width:19.52%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2021</b></p></th><th style="font-weight:normal;text-align:left;vertical-align:bottom;white-space:nowrap;width:19.66%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2022</b></p></th></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">TOTAL COMPREHENSIVE PROFIT/(LOSS) FOR THE CURRENT PERIOD </b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">25,986</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">35,928</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">29,447</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Profit for the current year attributable to:</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Owners of the parent entity</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">20,804</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">24,760</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">20,753</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Non-controlling interests</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">8,759</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">9,188</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">6,927</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">TOTAL</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">29,563</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">33,948</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">27,680</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Total comprehensive profit for the current year attributable to:</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Owners of the parent entity</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">17,595</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">26,767</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">22,468</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Non-controlling interests</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">8,391</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">9,161</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">6,979</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">TOTAL</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">25,986</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">35,928</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">29,447</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">BASIC PROFIT PER SHARE (in full amount)</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Net profit per share</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">210.01</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">249.94</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">209.49</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Net profit per ADS (100 Series B share per ADS)</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">21,000.94</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">24,994.39</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.27;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">20.949.46</font></p></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:10pt;margin:0pt;"><font style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;margin-left:0pt;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:21.3pt;padding:0pt;">B.</td><td style="padding:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;letter-spacing:0.05pt;">TELKOMSEL</b></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:14pt;margin:0.2pt 0pt 0pt 0pt;"><font style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:14pt;font-weight:bold;letter-spacing:0.05pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">The table below shows the financial statements and statement of profit and loss of Telkomsel that are summarized from the Corporation&#39;s financial statements ending on December 31, 2020, December 31, 2021, and December 31, 2022, which have been audited by a Public Accounting Firm (KAP) Purwantono Sungkoro &amp; Surja:</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 27pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;text-indent:21.3pt;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Telkomsel&#8217;s Financial Position</b></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:13pt;text-align:center;margin:0pt 0pt 0pt 324pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">in billions of Rupiah</font></p><div style="padding-left:21.3pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:89.07%;"><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:33.43%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td colspan="3" style="vertical-align:bottom;white-space:normal;width:66.56%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">December 31</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:33.43%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:normal;width:25.57%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2020</b></p></td><td style="vertical-align:bottom;white-space:normal;width:24.58%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2021</b></p></td><td style="vertical-align:bottom;white-space:normal;width:16.4%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2022</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:33.43%;background:#cceeff;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">CURRENT ASSETS</font></p></td><td style="vertical-align:bottom;white-space:normal;width:25.57%;background:#cceeff;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">19,488 </font></p></td><td style="vertical-align:bottom;white-space:normal;width:24.58%;background:#cceeff;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">12,288 </font></p></td><td style="vertical-align:bottom;white-space:normal;width:16.4%;background:#cceeff;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">16,290 </font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:33.43%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">NON-CURRENT ASSETS</font></p></td><td style="vertical-align:bottom;white-space:normal;width:25.57%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">84,164 </font></p></td><td style="vertical-align:bottom;white-space:normal;width:24.58%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">89,014 </font></p></td><td style="vertical-align:bottom;white-space:normal;width:16.4%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">84,700 </font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:33.43%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">TOTAL ASSETS</b></p></td><td style="vertical-align:bottom;white-space:normal;width:25.57%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">103,652 </b></p></td><td style="vertical-align:bottom;white-space:normal;width:24.58%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">101,302 </b></p></td><td style="vertical-align:bottom;white-space:normal;width:16.4%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">100,991 </b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:33.43%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">SHORT-TERMLIABILITIES </font></p></td><td style="vertical-align:bottom;white-space:normal;width:25.57%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">28,997 </font></p></td><td style="vertical-align:bottom;white-space:normal;width:24.58%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">31,654 </font></p></td><td style="vertical-align:bottom;white-space:normal;width:16.4%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">32,241 </font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:33.43%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">LONG-TERM LIABILITIES </font></p></td><td style="vertical-align:bottom;white-space:normal;width:25.57%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">23,568 </font></p></td><td style="vertical-align:bottom;white-space:normal;width:24.58%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">30,205 </font></p></td><td style="vertical-align:bottom;white-space:normal;width:16.4%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">38,708 </font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:33.43%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">TOTAL LIABILITIES</b></p></td><td style="vertical-align:bottom;white-space:normal;width:25.57%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">52,565</b></p></td><td style="vertical-align:bottom;white-space:normal;width:24.58%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">61,859 </b></p></td><td style="vertical-align:bottom;white-space:normal;width:16.4%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">70,949 </b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:33.43%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">TOTAL EQUITY</b></p></td><td style="vertical-align:bottom;white-space:normal;width:25.57%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">51,088 </b></p></td><td style="vertical-align:bottom;white-space:normal;width:24.58%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">39,443 </b></p></td><td style="vertical-align:bottom;white-space:normal;width:16.4%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">30,042 </b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:33.43%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">TOTAL LIABILITIES &amp; EQUITY</b></p></td><td style="vertical-align:bottom;white-space:normal;width:25.57%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">103,652 </b></p></td><td style="vertical-align:bottom;white-space:normal;width:24.58%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">101,302 </b></p></td><td style="vertical-align:bottom;white-space:normal;width:16.4%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">100,991 </b></p></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;text-indent:21.3pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;font-weight:bold;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;text-indent:21.3pt;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Telkomsel&#8217;s Statement of Profit and Loss</b></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:13pt;text-align:center;margin:0pt 0pt 0pt 324pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">in billions of Rupiah</font></p><div style="padding-left:21.3pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:87.68%;"><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td colspan="3" style="vertical-align:bottom;white-space:normal;width:58.37%;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">31 Desember</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2020</b></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2021</b></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2022</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">REVENUE</b></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Revenue</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">87,103 </font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">87,506 </font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">89,039 </font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Total Revenue</b></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">87,103 </b></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">87,506 </b></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">89,039 </b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">COSTS AND EXPENSES</b></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Operating and maintenance expenses </font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';white-space:pre-wrap;"> (20,657)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';white-space:pre-wrap;"> (20,792)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';white-space:pre-wrap;"> (21,347)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Depreciation and amortization expenses</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';white-space:pre-wrap;"> (19,884)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';white-space:pre-wrap;"> (20,333)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';white-space:pre-wrap;"> (21,024)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Employee expenses</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(5,330)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(5,975)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(6,530)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Service expenses</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(4,118)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(5,411)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(5,250)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Marketing expenses</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(2,555)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(2,393)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(2,333)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Interconnection expenses</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(1,814)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(1,490)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(1,492)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">General and administrative expenses</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(1,535)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(1,425)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(1,598)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Loss on disposal of fixed asset</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(156)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(380)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(783)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Gain on sale and leaseback of tower</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">2,238</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">3,458</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">4,379</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Unrealized gain from changes in investment value</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(1)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">2,600</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(6,710)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Gain (loss) on foreign exchange &#8211; net</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(4)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">2</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">41</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Other income &#8211; net</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">26</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(299)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(101)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Total Costs and Expenses</b></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">53,791</b></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">52,436</b></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">62,747</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#cceeff;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Finance income</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#cceeff;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">388</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">189</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">161</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#ffffff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Financing costs</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#ffffff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(1,941)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(2,034)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(2,251)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Financing costs - net</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(1,553)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(1,845)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(2,090)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#ffffff;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#ffffff;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;white-space:normal;width:18.31%;background:#ffffff;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;background:#ffff00;">&#8203;</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Share of loss from associate</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(209)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(87)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(80)</font></p></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;font-weight:bold;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;font-weight:bold;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;font-weight:bold;visibility:hidden;">&#8203;</font></p><div style="padding-left:21.3pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;width:88.65%;"><tr style="height:1pt;"><th style="font-weight:normal;text-align:left;vertical-align:bottom;white-space:nowrap;width:39.38%;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></th><th colspan="3" style="font-weight:normal;text-align:left;vertical-align:bottom;white-space:nowrap;width:60.61%;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">31 Desember</b></p></th></tr><tr style="height:1pt;"><th style="font-weight:normal;text-align:left;vertical-align:bottom;white-space:nowrap;width:39.38%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></th><th style="font-weight:normal;text-align:left;vertical-align:bottom;white-space:nowrap;width:21.43%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2020</b></p></th><th style="font-weight:normal;text-align:left;vertical-align:bottom;white-space:nowrap;width:19.52%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2021</b></p></th><th style="font-weight:normal;text-align:left;vertical-align:bottom;white-space:nowrap;width:19.66%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2022</b></p></th></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">PROFIT/(LOSS) BEFORE INCOME TAX</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">31,550</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">33,137</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">24,122</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">(EXPENSE) BENEFIT OF INCOME TAX</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Current</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(7,230)</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(6,466)</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(6,276)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Deferred</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">741</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(511)</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">521</font><font style="font-family:'Arial','Helvetica','sans-serif';background:#ffff00;"> </font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Total</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">(6,488)</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">(6,977)</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">(5,755)</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">CURRENT YEAR PROFIT/(LOSS)</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">25,062</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">26,160</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">18,367</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">OTHER COMPREHENSIVE INCOME</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Changes in the value of pension plan</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(1,058)</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(73)</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">142</font><font style="font-family:'Arial','Helvetica','sans-serif';background:#ffff00;"> </font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Changes in fair value of equity investments</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">3</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(2)</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">3</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Share of other comprehensive income from associate</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">1</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">-</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">-</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Other comprehensive income (loss) - net </font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(1,054)</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(74)</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">145</font><font style="font-family:'Arial','Helvetica','sans-serif';background:#ffff00;"> </font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#ffffff;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#ffffff;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#ffffff;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#ffffff;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">TOTAL COMPREHENSIVE PROFIT/(LOSS) FOR THE CURRENT PERIOD</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">24,008</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">26,086</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">18,511</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td></tr></table></div></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><div style="padding-left:21.3pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;width:88.65%;"><tr style="height:1pt;"><th style="font-weight:normal;text-align:left;vertical-align:bottom;white-space:nowrap;width:39.38%;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></th><th colspan="3" style="font-weight:normal;text-align:left;vertical-align:bottom;white-space:nowrap;width:60.61%;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">31 Desember</b></p></th></tr><tr style="height:1pt;"><th style="font-weight:normal;text-align:left;vertical-align:bottom;white-space:nowrap;width:39.38%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></th><th style="font-weight:normal;text-align:left;vertical-align:bottom;white-space:nowrap;width:21.43%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2020</b></p></th><th style="font-weight:normal;text-align:left;vertical-align:bottom;white-space:nowrap;width:19.52%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2021</b></p></th><th style="font-weight:normal;text-align:left;vertical-align:bottom;white-space:nowrap;width:19.66%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2022</b></p></th></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Profit for the current year attributable to:</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Owners of the parent entity</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">25,062</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">26,160</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">18.379</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Non-controlling interests</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">0</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">0</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(13)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">TOTAL</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">25,062</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">26,160</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">18,367</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Total comprehensive profit for the current year attributable to:</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Owners of the parent entity</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">24,008</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">26,086</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">18,524</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Non-controlling interests</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">0</font></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">0</font></p></td><td style="vertical-align:top;white-space:nowrap;width:19.66%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(13)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:nowrap;width:39.38%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">TOTAL</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:21.43%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">24,008</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.52%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">26,086</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:19.66%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">18,511</b></p></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:10pt;margin:0pt;"><font style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:10pt;margin:0pt;"><font style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;visibility:hidden;">&#8203;</font></p><div style="margin-left:-0.3pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;padding-right:0pt;table-layout:auto;width:99.44%;"><tr style="height:29.15pt;"><td style="color:#ffffff;vertical-align:top;width:100%;background:#000000;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><div style="height:29.15pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:center;width:100%;border:0pt;"><div style="display:table-row;"><div style="color:#ffffff;display:table-cell;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">VI.</div><div style="display:table-cell;padding:0pt;"><b style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">TRANSFER OF COMPANY&#8217;S ASSETS AND LIABILITIES RELATED TO INDIHOME BUSINESS SEGMENT TO TELKOMSEL</b></div></div></div></div></div></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0.6pt 11.05pt 0pt 0pt;"><font style="font-size:13pt;margin-right:0pt;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:21.3pt;padding:0pt;">A.</td><td style="padding:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;letter-spacing:0.05pt;">INFORMATION ON INDIHOME BUSINESS SEGMENT</b></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';background:#ffff00;"> </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;margin-left:0pt;visibility:hidden;background:#ffff00;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">One of the four main business segments of the Company is the </font><font style="font-family:'Arial','Helvetica','sans-serif';">IndiHome</font><font style="font-family:'Arial','Helvetica','sans-serif';"> Business Segment, which </font><font style="font-family:'Arial','Helvetica','sans-serif';">provides fixed voice, fixed broadband, IPTV and digital services with high speed internet connectivity</font><font style="font-family:'Arial','Helvetica','sans-serif';">. The </font><font style="font-family:'Arial','Helvetica','sans-serif';">IndiHome</font><font style="font-family:'Arial','Helvetica','sans-serif';"> Business Segment was launched in 2015 after the Company became the first operator in Indonesia to provide 4G LTE services. The IndiHome Business Segment, which is part of the consumer business segment, leads the fixed broadband market in the country, </font><font style="font-family:'Arial','Helvetica','sans-serif';">possessing</font><font style="font-family:'Arial','Helvetica','sans-serif';"> </font><font style="font-family:'Arial','Helvetica','sans-serif';">75.2</font><font style="font-family:'Arial','Helvetica','sans-serif';">%</font><font style="font-family:'Arial','Helvetica','sans-serif';"> (seventy five point two percent) of market share</font><font style="font-family:'Arial','Helvetica','sans-serif';">. At the end of 202</font><font style="font-family:'Arial','Helvetica','sans-serif';">2</font><font style="font-family:'Arial','Helvetica','sans-serif';">, the number of </font><font style="font-family:'Arial','Helvetica','sans-serif';">IndiHome</font><font style="font-family:'Arial','Helvetica','sans-serif';"> Business Segment customers reached </font><font style="font-family:'Arial','Helvetica','sans-serif';">9.2</font><font style="font-family:'Arial','Helvetica','sans-serif';"> million, and as a result, the consumer segment revenue increased significantly by </font><font style="font-family:'Arial','Helvetica','sans-serif';">5.7</font><font style="font-family:'Arial','Helvetica','sans-serif';">%</font><font style="font-family:'Arial','Helvetica','sans-serif';"> (five point seven percent)</font><font style="font-family:'Arial','Helvetica','sans-serif';"> to Rp 2</font><font style="font-family:'Arial','Helvetica','sans-serif';">6</font><font style="font-family:'Arial','Helvetica','sans-serif';">.</font><font style="font-family:'Arial','Helvetica','sans-serif';">55</font><font style="font-family:'Arial','Helvetica','sans-serif';"> trillion, making a significant contribution to the Company&#39;s consolidated revenue growth. </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">The Spin-Off is done based on the agreed valuation of IndiHome Business Segment of Rp 58,249,920,571,200 (fifty eight trillion two hundred forty nine billion nine hundred twenty million five hundred seventy one thousand two hundred Indonesian Rupiah) and the agreed valuation of Telkomsel of Rp 319,359,999,960,480 (three hundred nineteen trillion three hundred fifty nine billion nine hundred ninety nine million nine hundred sixty thousand four hundred eighty Indonesian Rupiah). In parallel with the Spin-Off, Singtel decides to participate in the capital injection by injecting &#160;a cash deposit to Telkomsel using the same Telkomsel valuation used at the time of the Spin-Off, which is </font><font style="font-family:'Arial','Helvetica','sans-serif';">Rp 2,713,081,886,064,- (two trillion seven hundred thirteen billion eighty one million eight hundred eighty six thousand sixty four Indonesian Rupiah).</font><font style="font-family:'Arial','Helvetica','sans-serif';"> Therefore, the Company&#39;s ownership in Telkomsel after the Spin-Off Effective Date become 69.9% (sixty nine point nine percent) and Singtel&#39;s ownership in Telkomsel become &#160;30.1% (thirty point one percent).</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;margin-left:0pt;visibility:hidden;background:#ffff00;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">The table below shows the financial statements and profit and loss statements of IndiHome that ended on December 31, 2020, December 31, 2021, and December 31, 2022, which have been prepared by KAP Purwantono Sungkoro &amp; Surja. </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;background:#ffff00;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:13pt;text-align:justify;text-indent:21.3pt;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">IndiHome&#8217;s Financial Position</b></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:13pt;text-align:center;margin:0pt 0pt 0pt 324pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">in billions of Rupiah</font></p><div style="padding-left:21.3pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:89.07%;"><tr style="height:12.75pt;"><td style="vertical-align:bottom;white-space:normal;width:33.43%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td colspan="3" style="vertical-align:bottom;white-space:normal;width:66.56%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">December 31</b></p></td></tr><tr style="height:12.75pt;"><td style="vertical-align:bottom;white-space:normal;width:33.43%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:normal;width:25.57%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2020</b></p></td><td style="vertical-align:bottom;white-space:normal;width:24.58%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2021</b></p></td><td style="vertical-align:bottom;white-space:normal;width:16.4%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2022</b></p></td></tr><tr style="height:15pt;"><td style="vertical-align:bottom;white-space:normal;width:33.43%;background:#cceeff;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">CURRENT ASSETS </font></p></td><td style="vertical-align:bottom;white-space:normal;width:25.57%;background:#cceeff;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">2,230 </font></p></td><td style="vertical-align:bottom;white-space:normal;width:24.58%;background:#cceeff;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">2,580 </font></p></td><td style="vertical-align:bottom;white-space:normal;width:16.4%;background:#cceeff;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">2,706</font></p></td></tr><tr style="height:15pt;"><td style="vertical-align:bottom;white-space:normal;width:33.43%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">NON-CURRENT ASSETS </font></p></td><td style="vertical-align:bottom;white-space:normal;width:25.57%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">5,890 </font></p></td><td style="vertical-align:bottom;white-space:normal;width:24.58%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">6,301 </font></p></td><td style="vertical-align:bottom;white-space:normal;width:16.4%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">5,882 </font></p></td></tr><tr style="height:15.75pt;"><td style="vertical-align:bottom;white-space:normal;width:33.43%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">TOTAL ASSETS</b></p></td><td style="vertical-align:bottom;white-space:normal;width:25.57%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">8,120 </b></p></td><td style="vertical-align:bottom;white-space:normal;width:24.58%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">8,881 </b></p></td><td style="vertical-align:bottom;white-space:normal;width:16.4%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">8,588 </b></p></td></tr><tr style="height:15.75pt;"><td style="vertical-align:bottom;white-space:normal;width:33.43%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">SHORT-TERM LIABILITIES </font></p></td><td style="vertical-align:bottom;white-space:normal;width:25.57%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">3,931 </font></p></td><td style="vertical-align:bottom;white-space:normal;width:24.58%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">4,292 </font></p></td><td style="vertical-align:top;white-space:normal;width:16.4%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">3,911</font></p></td></tr><tr style="height:15pt;"><td style="vertical-align:bottom;white-space:normal;width:33.43%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">LONG-TERMLIABILITIES </font></p></td><td style="vertical-align:bottom;white-space:normal;width:25.57%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">808 </font></p></td><td style="vertical-align:bottom;white-space:normal;width:24.58%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">972 </font></p></td><td style="vertical-align:top;white-space:normal;width:16.4%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;text-indent:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">1,047</font></p></td></tr><tr style="height:15pt;"><td style="vertical-align:bottom;white-space:normal;width:33.43%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">TOTAL LIABILITIES</b></p></td><td style="vertical-align:bottom;white-space:normal;width:25.57%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">4,739</b></p></td><td style="vertical-align:bottom;white-space:normal;width:24.58%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">5,265 </b></p></td><td style="vertical-align:bottom;white-space:normal;width:16.4%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">4,958 </b></p></td></tr><tr style="height:15pt;"><td style="vertical-align:bottom;white-space:normal;width:33.43%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">TOTAL EQUITY</b></p></td><td style="vertical-align:bottom;white-space:normal;width:25.57%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">3,381 </b></p></td><td style="vertical-align:bottom;white-space:normal;width:24.58%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">3,616 </b></p></td><td style="vertical-align:bottom;white-space:normal;width:16.4%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">3,630 </b></p></td></tr><tr style="height:15pt;"><td style="vertical-align:bottom;white-space:normal;width:33.43%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">TOTAL LIABILITIES &amp; EQUITY</b></p></td><td style="vertical-align:bottom;white-space:normal;width:25.57%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">8,120 </b></p></td><td style="vertical-align:bottom;white-space:normal;width:24.58%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">8,881 </b></p></td><td style="vertical-align:bottom;white-space:normal;width:16.4%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.26;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">8,588 </b></p></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:13pt;text-align:justify;text-indent:21.3pt;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">IndiHome&#8217;s Statement of Profit and Loss</b></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:13pt;text-align:center;margin:0pt 0pt 0pt 324pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">in billions of Rupiah</font></p><div style="padding-left:21.3pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:87.68%;"><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td colspan="3" style="vertical-align:bottom;white-space:normal;width:58.37%;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">December 31</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2020</b></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2021</b></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2022</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">REVENUE</b></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Revenue</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">20,109 </font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">23,927 </font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">25,388 </font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Total Revenue</b></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">20,109 </b></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">23,927 </b></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">25,388 </b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">COSTS AND EXPENSES</b></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;visibility:hidden;">&#8203;</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Operating and maintenance expenses</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';white-space:pre-wrap;"> (1,989)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';white-space:pre-wrap;"> (2,250)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';white-space:pre-wrap;"> (2,315)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Depreciation and amortization expenses</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';white-space:pre-wrap;"> (1,115)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';white-space:pre-wrap;"> (1,466)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(1,667)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Employee expenses</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(738)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(632)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(516)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Marketing expenses</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(1,279)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(1,406)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(1,583)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">General and administrative expenses</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(177)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(151)</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(157)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Other income &#8211; net</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">196</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">208</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">19</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">PROFIT/(LOSS) BEFORE INCOME TAX</b></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">15,006</b></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">18,230</b></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">19,170</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">(EXPENSE) BENEFIT OF INCOME TAX</b></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">(2,857)</b></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">(3,463)</b></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#cceeff;border-bottom:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">(3,641)</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">CURRENT YEAR PROFIT/(LOSS)</b></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">12,149</b></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">14,767</b></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">15,528</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:bottom;white-space:normal;width:41.62%;background:#ffffff;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:normal;width:21.74%;background:#ffffff;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:bottom;white-space:normal;width:18.31%;background:#ffffff;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:top;white-space:normal;width:18.31%;background:#ffffff;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;background:#ffff00;">&#8203;</font></p></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:21.3pt;padding:0pt;">B.</td><td style="padding:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">IMPACT OF THE TRANSFER OF THE COMPANY&#8217;S ASSETS AND LIABILITIES RELATED TO THE SPIN-OFF OF INDIHOME BUSINESS SEGMENT ON THE COMPANY</b></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">As a result of the Spin-Off of the Company&#8217;s assets and liabilities related to the IndiHome Business Segment to Telkomsel, the pro forma financial statements of the Company before and after the Spin-Off is as follows:</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><div style="padding-left:21.05pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;width:95.91%;"><tr style="height:1pt;"><td style="vertical-align:middle;width:30.51%;background:#d9d9d9;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Description</font></p></td><td style="vertical-align:middle;width:24.98%;background:#d9d9d9;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Before Spin-Off</font></p></td><td style="vertical-align:top;width:22.24%;background:#d9d9d9;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Necessary adjustments in the Spin-Off process</font></p></td><td style="vertical-align:middle;width:22.24%;background:#d9d9d9;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">After Spin-Off</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:30.51%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Total Assets</font></p></td><td style="vertical-align:top;width:24.98%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">275</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">,</font><font style="font-family:'Arial','Helvetica','sans-serif';">192</font></p></td><td style="vertical-align:top;width:22.24%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">2</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">,</font><font style="font-family:'Arial','Helvetica','sans-serif';">713</font></p></td><td style="vertical-align:top;width:22.24%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">277</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">,</font><font style="font-family:'Arial','Helvetica','sans-serif';">905</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:30.51%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Total Liabilities</font></p></td><td style="vertical-align:top;width:24.98%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">125</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">,</font><font style="font-family:'Arial','Helvetica','sans-serif';">930</font></p></td><td style="vertical-align:top;width:22.24%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">-</font></p></td><td style="vertical-align:top;width:22.24%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">125</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">,</font><font style="font-family:'Arial','Helvetica','sans-serif';">930</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:30.51%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Total Equity</font></p></td><td style="vertical-align:top;width:24.98%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">149</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">,</font><font style="font-family:'Arial','Helvetica','sans-serif';">262</font></p></td><td style="vertical-align:top;width:22.24%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">2</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">,</font><font style="font-family:'Arial','Helvetica','sans-serif';">713</font></p></td><td style="vertical-align:top;width:22.24%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">151</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">,</font><font style="font-family:'Arial','Helvetica','sans-serif';">975</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:30.51%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Total Liabilities and Equity</b></p></td><td style="vertical-align:top;width:24.98%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">275</b><b style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-weight:bold;">,</b><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">192</b></p></td><td style="vertical-align:top;width:22.24%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">2</b><b style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-weight:bold;">,</b><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">713</b></p></td><td style="vertical-align:top;width:22.24%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">277</b><b style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-weight:bold;">,</b><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">905</b></p></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;text-indent:21.3pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">*</font><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">in billions of Rupiah</i></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">The following is the pro forma Statement of Profit and Loss of the Company before and after the Spin-Off:</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p><div style="padding-left:21.05pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;width:94.77%;"><tr style="height:1pt;"><td style="vertical-align:middle;width:30.47%;background:#d9d9d9;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Description</font></p></td><td style="vertical-align:middle;width:25%;background:#d9d9d9;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Before Spin-Off</font></p></td><td style="vertical-align:top;width:22.25%;background:#d9d9d9;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Necessary adjustments in the Spin-Off process</font></p></td><td style="vertical-align:middle;width:22.25%;background:#d9d9d9;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">After Spin-Off</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:30.47%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Business Profit</font></p></td><td style="vertical-align:top;width:25%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">39,581</font></p></td><td style="vertical-align:top;width:22.25%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">-</font></p></td><td style="vertical-align:top;width:22.25%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">39</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">,</font><font style="font-family:'Arial','Helvetica','sans-serif';">581</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:30.47%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Profit Before Tax</font></p></td><td style="vertical-align:top;width:25%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">36</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">,</font><font style="font-family:'Arial','Helvetica','sans-serif';">339</font></p></td><td style="vertical-align:top;width:22.25%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">-</font></p></td><td style="vertical-align:top;width:22.25%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">36</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">,</font><font style="font-family:'Arial','Helvetica','sans-serif';">339</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:30.47%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Tax</font></p></td><td style="vertical-align:top;width:25%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(8</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">,</font><font style="font-family:'Arial','Helvetica','sans-serif';">659)</font></p></td><td style="vertical-align:top;width:22.25%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">-</font></p></td><td style="vertical-align:top;width:22.25%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">(8</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">,</font><font style="font-family:'Arial','Helvetica','sans-serif';">659)</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:30.47%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Net Profit after Tax</font></p></td><td style="vertical-align:top;width:25%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">27</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">,</font><font style="font-family:'Arial','Helvetica','sans-serif';">680</font></p></td><td style="vertical-align:top;width:22.25%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">-</font></p></td><td style="vertical-align:top;width:22.25%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">27</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">,</font><font style="font-family:'Arial','Helvetica','sans-serif';">680</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:30.47%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Other Comprehensive Income</font></p></td><td style="vertical-align:top;width:25%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">1</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">,</font><font style="font-family:'Arial','Helvetica','sans-serif';">767</font></p></td><td style="vertical-align:top;width:22.25%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">-</font></p></td><td style="vertical-align:top;width:22.25%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">1</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">,</font><font style="font-family:'Arial','Helvetica','sans-serif';">767</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:30.47%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Total Profit and Comprehensive Income</b></p></td><td style="vertical-align:top;width:25%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">29</b><b style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-weight:bold;">,</b><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">447</b></p></td><td style="vertical-align:top;width:22.25%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">-</font></p></td><td style="vertical-align:top;width:22.25%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">29</b><b style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-weight:bold;">,</b><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">447</b></p></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;text-indent:21.3pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">*</font><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">in billions of Rupiah</i></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:21.3pt;padding:0pt;">C.</td><td style="padding:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">IMPACT OF THE TRANSFER OF THE COMPANY&#8217;S ASSETS AND LIABILITIES RELATED TO THE SPIN-OFF OF INDIHOME BUSINESS SEGMENT ON TELKOMSEL</b></td></tr></table><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">In addition, the Spin-Off of the Company&#8217;s assets and liabilities related to the IndiHome Business Segment to Telkomsel has an impact on Telkomsel&#8217;s Financial Statements, as shown in the Proforma Financial Statements before and after the Spin-Off, as follows:</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p><div style="padding-left:21.05pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;width:95.91%;"><tr style="height:1pt;"><td style="vertical-align:middle;width:30.51%;background:#d9d9d9;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">Description</font></p></td><td style="vertical-align:middle;width:24.98%;background:#d9d9d9;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">Before Spin-Off</font></p></td><td style="vertical-align:top;width:22.24%;background:#d9d9d9;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">Necessary adjustments in the Spin-Off process</font></p></td><td style="vertical-align:middle;width:22.24%;background:#d9d9d9;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">After Spin-Off</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:30.51%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">Total Assets</font></p></td><td style="vertical-align:top;width:24.98%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">100,991</font></p></td><td style="vertical-align:top;width:22.24%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">8,479</font></p></td><td style="vertical-align:top;width:22.24%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">109,470</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:30.51%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">Total Liabilities</font></p></td><td style="vertical-align:top;width:24.98%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">70,949</font></p></td><td style="vertical-align:top;width:22.24%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">1,234</font></p></td><td style="vertical-align:top;width:22.24%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">72,183</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:30.51%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">Total Equity</font></p></td><td style="vertical-align:top;width:24.98%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">30,042</font></p></td><td style="vertical-align:top;width:22.24%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">7,245</font></p></td><td style="vertical-align:top;width:22.24%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">37,287</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:30.51%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-weight:bold;">Total Liabilities and Equity</b></p></td><td style="vertical-align:top;width:24.98%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-weight:bold;">100,991</b></p></td><td style="vertical-align:top;width:22.24%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-weight:bold;">8,479</b></p></td><td style="vertical-align:top;width:22.24%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;line-height:13pt;text-align:justify;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-weight:bold;">109,470</b></p></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;text-indent:21.3pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">*</font><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">in billions of Rupiah</i></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">The certainty of the assets and liabilities of the IndiHome Business Segment that will be transferred to Telkomsel will be further regulated in the Deed of Spin-Off. Further, in relation to the implementation of the Spin-Off, the Company will carry out actions deemed necessary to complete the transfer of separated assets and liabilities as well as the capital participation to Telkomsel, with due observance of the applicable laws and regulations.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Regarding the increase in the Company&#8217;s ownership percentage of Telkomsel shares, with the proforma composition of Telkomsel&#8217;s share ownership, is as follows: </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 22.5pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">A. Before Spin-Off Plan</b></p><div style="padding-left:22.25pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;width:96.49%;"><tr><td style="vertical-align:middle;width:30.16%;background:#bfbfbf;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">Shareholders</b></p></td><td style="vertical-align:middle;width:34.91%;background:#bfbfbf;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">Total Shares</b></p></td><td style="vertical-align:middle;width:34.92%;background:#bfbfbf;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">%</b></p></td></tr><tr><td style="vertical-align:top;width:30.16%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:justify;margin:0pt;">Company</p></td><td style="vertical-align:top;width:34.91%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:center;margin:0pt;">118,677</p></td><td style="vertical-align:top;width:34.92%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:center;margin:0pt;">65.00</p></td></tr><tr><td style="vertical-align:top;width:30.16%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:justify;margin:0pt;">Singtel</p></td><td style="vertical-align:top;width:34.91%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:center;margin:0pt;">63,893</p></td><td style="vertical-align:top;width:34.92%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:center;margin:0pt;">35.00</p></td></tr><tr><td style="vertical-align:top;width:30.16%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:justify;margin:0pt;"><b style="font-weight:bold;">Total</b></p></td><td style="vertical-align:top;width:34.91%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">182,570</b></p></td><td style="vertical-align:top;width:34.92%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">100.00</b></p></td></tr></table></div><p style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;text-align:justify;margin:0pt;"><font style="font-family:'Times New Roman','Times','serif';font-size:10pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt 0pt 0pt 22.5pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">B. After Spin-Off Plan </b></p><div style="padding-left:22.25pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;width:96.49%;"><tr><td style="vertical-align:middle;width:30.16%;background:#bfbfbf;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">Shareholders</b></p></td><td style="vertical-align:middle;width:34.91%;background:#bfbfbf;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">Total Shares</b></p></td><td style="vertical-align:middle;width:34.92%;background:#bfbfbf;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">%</b></p></td></tr><tr><td style="vertical-align:top;width:30.16%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:justify;margin:0pt;">Company</p></td><td style="vertical-align:top;width:34.91%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:center;margin:0pt;">151,977</p></td><td style="vertical-align:top;width:34.92%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:center;margin:0pt;">69.90</p></td></tr><tr><td style="vertical-align:top;width:30.16%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:justify;margin:0pt;">Singtel</p></td><td style="vertical-align:top;width:34.91%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:center;margin:0pt;">65,444</p></td><td style="vertical-align:top;width:34.92%;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:center;margin:0pt;">30.10</p></td></tr><tr><td style="vertical-align:top;width:30.16%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:justify;margin:0pt;"><b style="font-weight:bold;">Total</b></p></td><td style="vertical-align:top;width:34.91%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">217,421</b></p></td><td style="vertical-align:top;width:34.92%;background:#cceeff;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.15pt 0pt 5.15pt;"><p style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">100.00</b></p></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p><div style="margin-left:-0.3pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;padding-right:0pt;table-layout:auto;width:99.44%;"><tr style="height:29.15pt;"><td style="color:#ffffff;vertical-align:top;width:100%;background:#000000;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><div style="height:29.15pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:center;width:100%;border:0pt;"><div style="display:table-row;"><div style="color:#ffffff;display:table-cell;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">VII.</div><div style="display:table-cell;padding:0pt;"><b style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">VALUATION OF THE FAIRNESS OF THE PROPOSED TRANSACTION BY AN INDEPENDENT PARTY </b></div></div></div></div></div></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;margin:0.8pt 0pt 0pt 0pt;"><font style="font-size:13pt;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:5pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">A.</td><td style="padding:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">VALUATION OF THE FAIR VALUE OF THE INDIHOME BUSINESS SEGMENT IN THE PROPOSED TRANSACTION</b></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:0.3pt 0pt 0pt 0pt;"><font style="font-size:13pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 5.1pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Public Appraisal Services Offices</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.15pt;"> </font><font style="font-family:'Arial','Helvetica','sans-serif';">Ruky, Safrudin &amp; Rekan</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.45pt;"> as </font><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;letter-spacing:-0.1pt;">Kantor Jasa Penilai Public </i><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.1pt;">or </font><font style="font-family:'Arial','Helvetica','sans-serif';">KJPP</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.45pt;"> </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.05pt;">with Business License </font><font style="font-family:'Arial','Helvetica','sans-serif';">No.&#160;2.11.0095</font><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;"> </b><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.05pt;">b</font><font style="font-family:'Arial','Helvetica','sans-serif';">ased on the Decree of Minister of Finance </font><font style="font-family:'Arial','Helvetica','sans-serif';">No.&#160;1131/KM.1/2011 </font><font style="font-family:'Arial','Helvetica','sans-serif';">dated October </font><font style="font-family:'Arial','Helvetica','sans-serif';">14</font><font style="font-family:'Arial','Helvetica','sans-serif';">,</font><font style="font-family:'Arial','Helvetica','sans-serif';"> 2011</font><font style="font-family:'Arial','Helvetica','sans-serif';">, with the Appraiser registered as a supporting professional in the capital market at </font><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">Ot</i><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;letter-spacing:0.05pt;">o</i><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">ri</i><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;letter-spacing:-0.1pt;">t</i><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">as</i><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;letter-spacing:0.15pt;"> </i><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;letter-spacing:-0.05pt;">J</i><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">asa</i><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;letter-spacing:0.1pt;"> </i><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">K</i><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;letter-spacing:0.05pt;">e</i><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;letter-spacing:-0.05pt;">u</i><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">a</i><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;letter-spacing:-0.05pt;">ng</i><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">an</i><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.1pt;"> </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.15pt;">with Registered Certificate (</font><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">S</i><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;letter-spacing:-0.1pt;">u</i><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">rat</i><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;letter-spacing:0.15pt;"> </i><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">Tan</i><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;letter-spacing:-0.05pt;">d</i><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">a T</i><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;letter-spacing:0.05pt;">e</i><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">r</i><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;letter-spacing:-0.05pt;">d</i><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">aftar</i><font style="font-family:'Arial','Helvetica','sans-serif';"> or ST</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.1pt;">T</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">D</font><font style="font-family:'Arial','Helvetica','sans-serif';">)</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:1.15pt;"> </font><font style="font-family:'Arial','Helvetica','sans-serif';">of Supporting Professional in the Capital Market </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.15pt;">N</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">o</font><font style="font-family:'Arial','Helvetica','sans-serif';">. STTD.PB-23/PM.2/2018 (&#8220;</font><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:-0.1pt;">K</b><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:-0.05pt;">J</b><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;">PP RSR</b><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">&#8221;</font><font style="font-family:'Arial','Helvetica','sans-serif';">) as an independent appraiser to conduct business and stock valuation and provide opinions on the fairness of the Company&#8217;s Proposed Transaction.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 5.1pt 6pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Below is a summary of the valuation report on the object of the Proposed Transaction as outlined in the Business Valuation Report of IndiHome dated </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">April 4, 2023</font><font style="font-family:'Arial','Helvetica','sans-serif';">.</font></p><div style="margin-top:6pt;"></div><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:24.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">1.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Party Identity</font></td><td style="width:5.1pt;"></td></tr></table><div style="margin-top:6pt;"></div><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 5.1pt 6pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Please refer to section II.C for information on the Company&#39;s identity. </font></p><div style="margin-top:6pt;"></div><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:24.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">2.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Valuation Object</font></td><td style="width:5.1pt;"></td></tr></table><div style="margin-top:6pt;"></div><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 5.1pt 6pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">The </font><font style="font-family:'Arial','Helvetica','sans-serif';">valuation </font><font style="font-family:'Arial','Helvetica','sans-serif';">object is the </font><font style="font-family:'Arial','Helvetica','sans-serif';">IndiHome</font><font style="font-family:'Arial','Helvetica','sans-serif';"> Business Segment as of December 31, 2022</font><font style="font-family:'Arial','Helvetica','sans-serif';">.</font></p><div style="margin-top:6pt;"></div><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:24.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">3.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;letter-spacing:0.05pt;">Purpose and Objective of</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;letter-spacing:0.05pt;"> </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Valuation</font></td><td style="width:5.1pt;"></td></tr></table><div style="margin-top:6pt;"></div><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 5.1pt 6pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">The purpose of this </font><font style="font-family:'Arial','Helvetica','sans-serif';">valuation</font><font style="font-family:'Arial','Helvetica','sans-serif';"> is to estimate the market value of the </font><font style="font-family:'Arial','Helvetica','sans-serif';">Indi</font><font style="font-family:'Arial','Helvetica','sans-serif';">H</font><font style="font-family:'Arial','Helvetica','sans-serif';">ome</font><font style="font-family:'Arial','Helvetica','sans-serif';"> Business Segment in relation to the</font><font style="font-family:'Arial','Helvetica','sans-serif';"> Proposed </font><font style="font-family:'Arial','Helvetica','sans-serif';">Transaction, as described in the </font><font style="font-family:'Arial','Helvetica','sans-serif';">valuation</font><font style="font-family:'Arial','Helvetica','sans-serif';"> report, in order to comply with the OJK Capital Market regulations, not for taxation, banking, </font><font style="font-family:'Arial','Helvetica','sans-serif';">and not for</font><font style="font-family:'Arial','Helvetica','sans-serif';"> other forms of transaction plans.</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 5.1pt 6pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">The objective of the </font><font style="font-family:'Arial','Helvetica','sans-serif';">valuation</font><font style="font-family:'Arial','Helvetica','sans-serif';"> is to conduct a business </font><font style="font-family:'Arial','Helvetica','sans-serif';">valuation</font><font style="font-family:'Arial','Helvetica','sans-serif';"> for the purpose of transactions in a public company.</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> </font></p><div style="margin-top:6pt;"></div><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:24.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">4.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Assumptions and Limiting Conditions</font></td><td style="width:5.1pt;"></td></tr></table><div style="margin-top:6pt;"></div><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 5.1pt 6pt 42.55pt;"><u style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Assumptions</u></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 5.1pt 6pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">This V</font><font style="font-family:'Arial','Helvetica','sans-serif';">aluation</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> Report is a </font><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;letter-spacing:0.05pt;">non-disclaimer opinion</i><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">based on a </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">review of the documents used in the </font><font style="font-family:'Arial','Helvetica','sans-serif';">valuation</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> process, data and information obtained from the Company&#39;s management, and other reliable sources. </font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 5.1pt 6pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">This </font><font style="font-family:'Arial','Helvetica','sans-serif';">Valuation</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> report is </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">prepared using financial projections prepared by the Company&#39;s management, reflecting the </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">fairness</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> of the projections and their ability to be achieved (</font><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;letter-spacing:0.05pt;">fiduciary duty</i><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">). </font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 5.1pt 6pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">KJPP RSR is responsible for conducting an analysis and appraising the financial projections prepared by the Company&#39;s management. KJPP RSR is responsible for the opinions generated in the </font><font style="font-family:'Arial','Helvetica','sans-serif';">valuation</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> report.</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 5.1pt 6pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">The </font><font style="font-family:'Arial','Helvetica','sans-serif';">valuation</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> report is open to the public, except for confidential information that may affect the Company&#39;s operations.</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 5.1pt 6pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">KJPP RSR has obtained information on the legal status of the </font><font style="font-family:'Arial','Helvetica','sans-serif';">valuation</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> object from the Company.</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 5.1pt 6pt 42.55pt;"><u style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Limiting Conditions</u></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 5.1pt 6pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Considering that the </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">IndiHome</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> Business Segment is part of the Company, the </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">IndiHome</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> Business Segment does not have a separate audited financial statement. Therefore, in conducting historical analysis, KJPP RSR relies on the working papers prepared by the Company for the period ending December 31, 2020 &#8211; December 31, 2022, which were reviewed by </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">KAP Purwantono Sungkoro &amp; Surja </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">using S</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">AE </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">3000 accounting standards.</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;text-align:justify;margin:6pt 5.1pt 6pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">This Business </font><font style="font-family:'Arial','Helvetica','sans-serif';">Valuation</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> Report is open to the public; however, the publication of all or part of the report must be approved by the Company&#39;s management, given the possibility of confidential information that may affect competition and the Company&#39;s operations.</font></p><div style="margin-top:6pt;"></div><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:24.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">5.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Valuation</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;letter-spacing:0.05pt;"> Approach and Method</font></td><td style="width:5.1pt;"></td></tr></table><div style="margin-top:6pt;"></div><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;text-align:justify;margin:6pt 5.1pt 6pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Based on the analysis conducted, the </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Indi</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">H</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">ome</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> Business Segment has good business prospects, where revenue factors are one of the main drivers of the Company&#39;s value. Therefore, the </font><font style="font-family:'Arial','Helvetica','sans-serif';">valuation</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> is conducted using the income approach as the primary </font><font style="font-family:'Arial','Helvetica','sans-serif';">valuation</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> approach. Considering that the </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Indi</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">H</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">ome</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> Business Segment is an ongoing business and information related to comparable companies for similar businesses is available, KJPP RSR applies the market approach as the second </font><font style="font-family:'Arial','Helvetica','sans-serif';">valuation</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> approach.</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;text-align:justify;margin:6pt 5.1pt 6pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">KJPP RSR does not apply the asset approach in this </font><font style="font-family:'Arial','Helvetica','sans-serif';">valuation</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">, considering that most of the fixed assets needed to support the </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Indi</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">H</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">ome</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> Business Segment are not transferred and are still managed by the Company.</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;text-align:justify;margin:6pt 5.1pt 6pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">The approach and </font><font style="font-family:'Arial','Helvetica','sans-serif';">valuation</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> method mentioned above are considered by KJPP RSR as the most appropriate to be applied in this assignment.</font></p><div style="margin-top:6pt;"></div><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;width:100%;border:0pt;"><tr><td style="width:24.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">6.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;letter-spacing:0.05pt;">Conclusion of Value</font></td><td style="width:5.1pt;"></td></tr></table><div style="margin-top:6pt;"></div><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;margin:0pt 5.1pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">The Market Value of </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Indi</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">H</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">ome</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> Business Segment as of December 31, 2022, using the income and market approach, is </font><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;">IDR </b><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;">58</b><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;">,</b><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;">165</b><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;">,</b><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;">000</b><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;">,</b><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;">000</b><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;">,</b><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;">000</b><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;">.</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:0.44pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:5pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">B.</td><td style="padding:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">VALUATION OF PT </b><b style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">TELEKOMUNIKASI SELULAR</b><b style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">&#39;S SHARES</b></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 5.1pt 0pt 21.3pt;"><a name="_Hlk130217269"></a><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;margin-right:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 5.1pt 6pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.1pt;">KJPP RSR as the independent appraiser to conduct business and stock </font><font style="font-family:'Arial','Helvetica','sans-serif';">valuation</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.1pt;"> and provide an opinion on the fairness of the Company&#39;s Proposed Transaction.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 5.1pt 6pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.1pt;">The following is a summary of the </font><font style="font-family:'Arial','Helvetica','sans-serif';">valuation</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.1pt;"> report on the object of the Proposed Transaction as set forth in the Share </font><font style="font-family:'Arial','Helvetica','sans-serif';">Valuation</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.1pt;"> Report of PT Telekomunikasi Selular and Subsidiaries dated </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">April 5, 2023</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.1pt;">.</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:1.75pt;"> </font></p><div style="margin-top:6pt;"></div><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:21.3pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">1.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Party Identity </font></td><td style="width:297.3pt;"></td></tr></table><div style="margin-top:6pt;"></div><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 1.05pt 6pt 39.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Please refer to section II.C for identity information of the Company and </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Telkom</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">sel.</font></p><div style="margin-top:6pt;"></div><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:21.3pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">2.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Valuation</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> Object</font></td><td style="width:297.3pt;"></td></tr></table><div style="margin-top:6pt;"></div><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 1.05pt 6pt 39.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">The object of this </font><font style="font-family:'Arial','Helvetica','sans-serif';">Valuation</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> is 100% Shares of </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Telkom</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">sel and Subsidiaries.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:21.3pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">3.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;letter-spacing:0.05pt;">Purpose and Objective of</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;letter-spacing:0.05pt;"> </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Valuation</font></td><td style="width:270.35pt;"></td></tr></table><div style="margin-top:6pt;"></div><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 8.1pt 6pt 39.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">The purpose of this </font><font style="font-family:'Arial','Helvetica','sans-serif';">valuation</font><font style="font-family:'Arial','Helvetica','sans-serif';"> is to estimate the market value of 100% Shares of </font><font style="font-family:'Arial','Helvetica','sans-serif';">Telkom</font><font style="font-family:'Arial','Helvetica','sans-serif';">sel and Subsidiaries as of December 31, 2022 in connection with the </font><font style="font-family:'Arial','Helvetica','sans-serif';">Proposed </font><font style="font-family:'Arial','Helvetica','sans-serif';">Transaction, as described in the </font><font style="font-family:'Arial','Helvetica','sans-serif';">valuation</font><font style="font-family:'Arial','Helvetica','sans-serif';"> report in order to fulfill the provisions of OJK Capital Market regulations, not for taxation, banking and not for other forms of transaction plans.</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;background:#ffff00;"> </font></p><div style="margin-top:6pt;"></div><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:21.3pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">4.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Assumptions and Limiting Conditions</font></td><td style="width:267.85pt;"></td></tr></table><div style="margin-top:6pt;"></div><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 8.1pt 6pt 39.3pt;"><u style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Assumptions</u></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 8.1pt 6pt 39.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">This </font><font style="font-family:'Arial','Helvetica','sans-serif';">valuation</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> report is a non-disclaimer opinion based on the review of documents</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> referred in the valuation process</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">, data and information obtained from the Company&#39;s</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">, Telkomsel&#39;s</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> management and other sources that can be trusted.</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 8.1pt 6pt 39.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">This </font><font style="font-family:'Arial','Helvetica','sans-serif';">valuation</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> report is prepared using financial projections prepared by </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Company&#39;s and </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Telkom</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">sel&#39;s management by reflecting the fairness of the projections and their achievability (fiduciary duty). </font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 8.1pt 6pt 39.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">KJPP RSR is responsible for the implementation of analysis, assessment of financial projections prepared by </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Company&#39;s and</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> Telkom</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">sel&#39;s management. KJPP RSR is responsible for the opinion generated in the </font><font style="font-family:'Arial','Helvetica','sans-serif';">valuation</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> report.</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 8.1pt 6pt 39.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">The </font><font style="font-family:'Arial','Helvetica','sans-serif';">valuation</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> report is open to the public, unless there is confidential information that may affect the operations of the Company and </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Telkom</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">sel.</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 1.5pt 6pt 39.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">KJPP RSR has obtained information on the legal status of the object of </font><font style="font-family:'Arial','Helvetica','sans-serif';">valuation</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> from the Company.</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 8.1pt 6pt 39.3pt;"><u style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Special Assumptions</u></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 8.1pt 0pt 39.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Based on the information from the </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">C</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">ompany&#39;s management through a statement letter on the amount of TSEL dividend distribution for the 2022 fiscal year No. Tel.48/UM 000/COP-K0000000/2023 dated April 5, 2023, Telkom and Singtel plan to withdraw dividends from TSEL before the </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">T</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">ransaction. The dividend distributed is a dividend on net income after taxes for the TSEL fiscal year that has been normalized at Rp21,166,836,013,177. In the statement letter, the dividend to be distributed is Rp20,108,494,212,518 or 95% of the net income adjusted after taxes for the TSEL fiscal year.</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:0pt 8.1pt 0pt 39.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;letter-spacing:0.05pt;margin-left:0pt;margin-right:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 8.1pt 6pt 39.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">This dividend distribution plan will affect the 100% Market Value of TSEL Shares and its Subsidiaries. Therefore, this valuation is done using the assumptions mentioned above..</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 1.5pt 6pt 39.3pt;"><u style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Limiting Conditions</u></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 1.5pt 0pt 39.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Considering that the audited financial statements for Telkomsel&#39;s subsidiaries for the period ended December 31, 2022 are not available, therefore in analyzing the historical of Telkomsel&#39;s subsidiaries, </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">KJPP RSR </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">have relied on internal financial statements prepared by the respective management of each Telkomsel&#8217;s subsidiary. </font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:0pt 1.5pt 0pt 39.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;letter-spacing:0.05pt;margin-left:0pt;margin-right:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 1.5pt 0pt 39.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Additionally, </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">KJPP RSR </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">have not evaluated Telkomsel&#39;s investments in Bridge Mobile Alliance and PT Telkomsel Mitra Inovasi (</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">&#8220;</font><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;">TMI</b><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">&#8221;</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">), collectively referred to as </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">&#8220;</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Unvalued Objects</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">&#8221;,</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> due to the unavailability of financial statements for the Unvalued Objects as of the valuation date. Therefore, </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">KJPP RSR</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> have used the book value of the Unvalued Objects in the valuation of Telkomsel&#39;s and its subsidiaries&#39; shares.</font></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:0pt 1.5pt 0pt 39.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;letter-spacing:0.05pt;margin-left:0pt;margin-right:0pt;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:21.3pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">5.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;letter-spacing:0.05pt;">This Valuation Report is open to the public, but the publication of all or parts of the report must be approved by the Company&#39;s management, considering the possibility of confidential information that may affect the Company&#39;s competition and operations.Approach and Method of </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Valuation</font></td><td style="width:3.5pt;"></td></tr></table><div style="margin-top:6pt;"></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 8.1pt 6pt 39.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">To determine the market value of 100% shares of </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Telkom</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">sel and Subsidiaries, KJPP RSR uses the Sum of The Parts (SOTP) method so that it is necessary to first estimate the indicative market value of </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Telkom</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">sel as a standalone and the indicative market value of each subsidiary as of December 31, 2022.</font></p><div style="margin-top:6pt;"></div><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:6pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:38.7pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">a.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">In estimating the market value of T</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">elkom</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">sel on a standalone basis, KJPP RSR applied the Discounted Cash Flow (</font><b style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;">DCF</b><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">) method with Free Cash Flow to Firm (</font><b style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;">FCFF</b><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">) and market approach with Guideline Publicly Traded Company Method (</font><b style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;">GPTCM</b><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">).</font></td><td style="width:3.15pt;"></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:6pt;margin-top:6pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:38.7pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">b.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">In estimating the standlone market value of Indico</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;"> on standalone basis, </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">KJPP RSR applied the </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;letter-spacing:0.05pt;">the Adjusted Net Assets Method</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;letter-spacing:0.05pt;"> (</font><b style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;letter-spacing:0.05pt;">ANAM</b><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;letter-spacing:0.05pt;">).</font></td><td style="width:3.15pt;"></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:6pt;margin-top:6pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:38.7pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">c.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">In estimating the market value of Indico&#8217;s subsisiaries, namely Fita, Kuncie and MajaMojo, KJPP RSR applied the Discounted Cash Flow (DCF) method with Free Cash Flow to Firm (</font><b style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;">FCFF</b><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">) and market approach with Guideline Publicly Traded Company Method (</font><b style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;">GPTCM</b><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">).</font></td><td style="width:3.15pt;"></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:6pt;margin-top:6pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:38.7pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">d.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">In estimating the market value of Finarya as a standlone and its subsidiary iGrow, &#160;KJPP RSR applied the Discounted Cash Flow (DCF) method with Free Cash Flow to Firm (</font><b style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;">FCFF</b><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">) and market approach with Guideline Publicly Traded Company Method (</font><b style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;">GPTCM</b><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">).</font></td><td style="width:3.15pt;"></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:6pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:38.7pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">e.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">In estimating the market value of TMI, </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">KJPP RSR </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;letter-spacing:0.05pt;">uses the Adjusted Net Assets Method</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;letter-spacing:0.05pt;"> (</font><b style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:bold;letter-spacing:0.05pt;">ANAM</b><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;letter-spacing:0.05pt;">).</font></td><td style="width:3.15pt;"></td></tr></table><div style="margin-top:6pt;"></div><div style="margin-top:6pt;"></div><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:21.3pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">6.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;letter-spacing:0.05pt;">Conclusion of Value</font></td><td style="width:267.85pt;"></td></tr></table><div style="margin-top:6pt;"></div><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 8.1pt 6pt 39.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">The</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> Market Value of 100% Shares of Telkomsel and Subsidiaries as of December 31, 2022 by applying the SOTP method and Special Assumption is </font><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;">IDR 320,479,000,000,000.</b></p><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-left:0pt;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:5pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">C.</td><td style="padding:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">ANALYSIS RESULT OF INDEPENDENT </b><b style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">APPRAISER</b><b style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;"> REGARDING THE FAIRNESS OF THE PROPOSED </b><b style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">TRANSACTION</b><b style="font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;"> </b></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;margin:0.34pt 0pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 0pt 6pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.1pt;">KJPP RSR as </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.1pt;">the</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.1pt;"> independent appraiser to conduct business and share valuation and provide an opinion on the fairness of the Company&#39;s </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.1pt;">Proposed </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.1pt;">Transaction</font><font style="font-family:'Arial','Helvetica','sans-serif';">.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 11.3pt 6pt 21.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">The following is a summary of the fairness opinion report on the Proposed Transaction based on Report </font><font style="font-family:'Arial','Helvetica','sans-serif';">dated </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">April 6, 2023</font><font style="font-family:'Arial','Helvetica','sans-serif';">:</font></p><div style="margin-top:6pt;"></div><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:28.35pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:14.2pt;padding:0pt;">1.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Parties to the Proposed Transaction</font></td></tr></table><div style="margin-top:6pt;"></div><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;text-indent:3.25pt;margin:6pt 1.05pt 6pt 39.3pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Please refer to section II.C for identity information of the Company and </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Telkom</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">sel.</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;background:#ffff00;"> </font></p><div style="margin-top:6pt;"></div><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:28.35pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:14.2pt;padding:0pt;">2.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Object of Valuation</font></td></tr></table><div style="margin-top:6pt;"></div><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 0pt 6pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">The object of the Transaction analyzed in this report is the Company&#39;s plan to conduct the </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Spin-Off</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> of </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">IndiHome</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> Business Segment from the Company to </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Telkom</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">sel which will be followed up with Related Transactions in the form of </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">providing</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> infrastructure, devices, professional services and supporting network capacity as well as providing fixed broadband core and IT system services from the Company to </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Telkom</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">sel.</font></p><div style="margin-top:6pt;"></div><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:28.35pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:14.2pt;padding:0pt;">3.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;letter-spacing:0.05pt;">Objective and Purpose of the Valuation</font></td></tr></table><div style="margin-top:6pt;"></div><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 0pt 6pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">The purpose of the Fairness Opinion Report is to provide an opinion on the fairness of the Company&#39;s plan to separate the </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">IndiHome</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> Business Segment from the Company to </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Telkom</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">sel which will be followed up with Related Transactions in the form of </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">providing</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> infrastructure, devices, professional services and supporting network capacity as well as providing fixed broadband core and IT system services from the Company to </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Telkom</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">sel, as defined in the report in order to fulfill the provisions of OJK Capital Market regulations, not for taxation, banking and not for other forms of transaction plans.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:28.35pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:14.2pt;padding:0pt;">4.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;letter-spacing:-0.05pt;">Limiting Conditions and Key </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;letter-spacing:0.05pt;">Assumptions</font></td></tr></table><div style="margin-top:6pt;"></div><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 0pt 6pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">The Fairness Opinion Report is a non-disclaimer opinion, KJPP RSR has reviewed the documents used in the process of preparing the fairness opinion, data and information obtained from both the Company&#39;s management and other sources that can be trusted for accuracy. </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 1.05pt 6pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">The Fairness Opinion Report is prepared using Financial Projections prepared by the Company&#39;s management by reflecting the fairness of the projections and their achievability (fiduciary duty). </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 1.05pt 6pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">KJPP RSR is responsible for analyzing the fairness of financial projections prepared by the Company&#39;s management. KJPP RSR is responsible for the opinion generated in the Fairness Opinion Report.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 1.05pt 6pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">The Fairness Opinion Report is open to the public, unless there is confidential information that may affect the Company&#39;s operations.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:6pt 1.05pt 6pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">KJPP RSR has obtained information on the legal status of the Fairness Opinion object from the Company.</font></p><div style="margin-top:6pt;"></div><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:28.35pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:14.2pt;padding:0pt;">5.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;letter-spacing:-0.05pt;">Approach and Method of Valuation</font></td></tr></table><div style="margin-top:6pt;"></div><table border="0" cellpadding="0" cellspacing="0"><tr><td style="width:42.55pt;padding:0pt;"></td><td style="vertical-align:text-top;white-space:nowrap;width:14.15pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin-bottom:6pt;margin-top:6pt;text-align:justify;"><font style="font-family:'Arial','Helvetica','sans-serif';">a.</font></p></td><td style="padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin-bottom:6pt;margin-top:6pt;text-align:justify;"><font style="font-family:'Arial','Helvetica','sans-serif';">Transaction analysis: identification of the parties involved in the transaction, analysis of the terms and conditions of the agreements and analysis of the benefits and risks of the transaction;</font></p></td></tr></table><table border="0" cellpadding="0" cellspacing="0"><tr><td style="width:42.55pt;padding:0pt;"></td><td style="vertical-align:text-top;white-space:nowrap;width:14.15pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin-bottom:6pt;margin-top:6pt;text-align:justify;"><font style="font-family:'Arial','Helvetica','sans-serif';">b.</font></p></td><td style="padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin-bottom:6pt;margin-top:6pt;text-align:justify;"><font style="font-family:'Arial','Helvetica','sans-serif';">Qualitative analysis: analysis of the background of the transaction, brief description of the Company and its business activities, industry analysis, operational analysis, business prospects, benefits and disadvantages of the transaction;</font></p></td></tr></table><table border="0" cellpadding="0" cellspacing="0"><tr><td style="width:42.55pt;padding:0pt;"></td><td style="vertical-align:text-top;white-space:nowrap;width:14.15pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin-bottom:6pt;margin-top:6pt;text-align:justify;"><font style="font-family:'Arial','Helvetica','sans-serif';">c.</font></p></td><td style="padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin-bottom:6pt;margin-top:6pt;text-align:justify;"><font style="font-family:'Arial','Helvetica','sans-serif';">Quantitative analysis: historical performance analysis, financial projection analysis, pro forma financial statement analysis and incremental analysis;</font></p></td></tr></table><table border="0" cellpadding="0" cellspacing="0"><tr><td style="width:42.55pt;padding:0pt;"></td><td style="vertical-align:text-top;white-space:nowrap;width:14.15pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin-bottom:6pt;margin-top:6pt;text-align:justify;"><font style="font-family:'Arial','Helvetica','sans-serif';">d.</font></p></td><td style="padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin-bottom:6pt;margin-top:6pt;text-align:justify;"><font style="font-family:'Arial','Helvetica','sans-serif';">Analysis of other relevant factors, in the form of analysis of relevant costs and revenues, relevant non-financial information, decision-making procedures by the Company and other material matters that can provide confidence in providing a fairness opinion</font><font style="font-family:'Arial','Helvetica','sans-serif';">;</font></p></td></tr></table><table border="0" cellpadding="0" cellspacing="0"><tr><td style="width:42.55pt;padding:0pt;"></td><td style="vertical-align:text-top;white-space:nowrap;width:14.15pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin-bottom:6pt;margin-top:6pt;text-align:justify;"><font style="font-family:'Arial','Helvetica','sans-serif';">e.</font></p></td><td style="padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin-bottom:6pt;margin-top:6pt;text-align:justify;"><font style="font-family:'Arial','Helvetica','sans-serif';">Analysis of the fairness of the transaction price;</font></p></td></tr></table><div style="margin-top:6pt;"></div><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:28.35pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:14.2pt;padding:0pt;">6.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Analysis on Fairness</font></td></tr></table><div style="margin-top:6pt;"></div><div style="margin-top:6pt;"></div><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:6pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">a.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Financial </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">highlight </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">of the company based on the Company&#39;s Consolidated Financial Statements for the years ended December 31, 2017-December 31, 2022, which have been audited by KAP Purwantono, Sungkoro &amp; Surja with an unqualified opinion in all material respects. The Company and its Subsidiaries&#39; revenue during 2018-2022 experienced an increase of 3.02% in Compound Annual Growth Rate (CAGR). The Company&#39;s consolidated operating, maintenance, and telecommunication expenses experienced a fluctuating decrease of 3.37% in CAGR. The Company&#39;s consolidated EBITDA experienced a fluctuating increase of 7.49% in CAGR. The Company&#39;s consolidated net income experienced a fluctuating increase of 0.64% in CAGR. The Company&#39;s consolidated total assets during 2018-2022 experienced a fluctuating increase of 7.48% in CAGR. The Company&#39;s consolidated total liabilities during 2018-2022 experienced a fluctuating increase of 9.10% in CAGR, while the Company&#39;s consolidated total equity during 2018-2022 experienced a fluctuating increase of 6.21% in CAGR.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">b.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Financial Projection Analysis of the Company with and without the Transaction Plan for the period of 2023-2027: With the implementation of the Transaction Plan, the Company&#39;s revenue is projected to increase, where at the end of the projection period, in 2027, the revenue with the Transaction Plan is projected to be IDR 191.59 trillion and without the Transaction Plan is projected to be IDR 189.20 trillion. The increase is due to commercial synergy, as well as additional revenue resulting from the refocusing of the Company to the B2B segment and Telkomsel to the B2C segment. The Company&#39;s expenses and costs are projected to decrease, where at the end of the projection period, in 2027, the Company&#39;s expenses and costs with the Transaction Plan are projected to be IDR 92.96 trillion and without the Transaction Plan is </font></td></tr></table></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;"></td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">projected to be IDR 93.58 trillion. The decrease in the Company&#39;s expenses and costs is due to cost efficiency between Telkomsel and Indihome. Cost efficiency occurs due to the unification of marketing and sales campaigns, call center integration, optimization of information technology applications, potential increase in CDN capacity, and joint asset utilization. With the implementation of the Transaction Plan, the Company&#39;s net profit during the period of 2023-2027 is projected to increase. In line with the benefits that the Company will obtain from the transaction, the increase in the Company&#39;s net profit comes from the increase in revenue and cost efficiency of the Company. With the implementation of the Transaction Plan, the total assets as a whole are projected to be lower compared to without implementing the Transaction Plan, which is from IDR 341.75 trillion to IDR 338.82 trillion by implementing the Transaction Plan in 2027, some of which come from the decrease in the Company&#39;s fixed assets. With the implementation of the Transaction Plan, the total liabilities as a whole are projected to be lower compared to without implementing the Transaction Plan, which is from IDR 126.57 trillion to IDR 117.31 trillion in 2027, some of which come from the decrease in long-term loans and trade payables of the Company. With the implementation of the Transaction Plan, the total equity of the Company during the period of 2023-2027 is projected to increase due to retained earnings and the increasing non-controlling interests of the Company, which come from the increase in the Company&#39;s net profit. At the end of the projection period, in 2027, with the implementation of the Transaction Plan, it is projected to be IDR 221.52 trillion, and without the Transaction Plan, it is projected to be IDR 215.17 trillion.</font></td></tr></table><p style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 60.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;margin-left:0pt;visibility:hidden;">&#8203;</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:42.55pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:18pt;padding:0pt;">c.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Fairness analysis of the transaction price was conducted on: i) comparison of the Separation Plan Price to the market value of Indihome Business Segment as of December 31, 2022; ii) comparison of the Planned Share Increase Price to the market value of Telkomsel shares; iii) comparison of SingTel&#39;s cash injection to the market value of Telkomsel shares; iv) comparison of the market value of Indihome Business Segment as of December 31, 2022 to the market value of the Company&#39;s increased shares in Telkomsel. Based on the comparison of the Independent </font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">Valuer</font><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">&#39;s market value of the Indihome Business Segment and Telkomsel&#39;s market value to the Transaction Plan Price, the transaction is fair since the Company&#39;s transaction price is within the upper limit of fairness range of 7.5% of market value as stipulated in POJK 35 Article 48, b.</font></td></tr></table><div style="margin-top:6pt;"></div><div style="margin-top:6pt;"></div><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="width:28.35pt;"></td><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:14.2pt;padding:0pt;">7.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;letter-spacing:-0.05pt;">Conclusion of Valuation</font></td></tr></table><div style="margin-top:6pt;"></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">By considering the fairness analysis of the transaction which includes analysis of the transaction plan, qualitative analysis and quantitative analysis, analysis of the fairness of the transaction price and other relevant factors, in the opinion of KJPP RSR, this transaction is </font><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;">Fair.</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 0pt 0pt 42.55pt;"><font style="color:#ff0000;margin-left:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:10pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><div style="margin-left:-0.3pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;padding-right:0pt;table-layout:auto;width:99.44%;"><tr style="height:29.15pt;"><td style="color:#ffffff;vertical-align:top;width:100%;background:#000000;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><div style="height:29.15pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:center;width:100%;border:0pt;"><div style="display:table-row;"><div style="color:#ffffff;display:table-cell;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">VIII.</div><div style="display:table-cell;padding:0pt;"><b style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">PLANS FOR MANAGEMENT AND EMPLOYEES </b></div></div></div></div></div></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:10pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:7pt;margin:0.34pt 0pt 0pt 0pt;"><font style="font-size:7pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">the Spin-Off of IndiHome Business Segment to Telkomsel shall still be carried out with due regard to the rights and obligations and status of the Company&#8217;s employees in IndiHome Business Segment based on the applicable laws in Indonesia and regulations and the Company&#8217;s internal policies, including on the transfer or secondment of employees from the Company to Telkomsel as well as arrangements related to the scope, procedures and rights and obligations of the Company and Telkomsel in connection with the transfer of employees.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">The announcement regarding the implementation of the Spin-Off has been delivered in writing to all employees of the Company on April 6, 2023.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><div style="margin-left:-0.3pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;padding-right:0pt;table-layout:auto;width:99.44%;"><tr style="height:29.15pt;"><td style="color:#ffffff;vertical-align:top;width:100%;background:#000000;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><div style="height:29.15pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:center;width:100%;border:0pt;"><div style="display:table-row;"><div style="color:#ffffff;display:table-cell;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">IX.</div><div style="display:table-cell;padding:0pt;"><b style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">SETTLEMENT OF RIGHTS AND OBLIGATIONS TO CREDITORS</b></div></div></div></div></div></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0.6pt 0pt 0pt 0pt;"><font style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:0.05pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">In accordance with the prevailing laws and regulations in Indonesia, the Company has announced the Summary of Spin-Off Plan and Disclosure of Information in Harian Terbit published on April 6, 2023, which date does not exceed 30 (thirty) days prior to the notice of the Company&#39;s GMS. </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">If within a period of no later than 14 (fourteen) days after the announcement in the newspaper mentioned above there are no creditors of the Company who object or disagree to this Spin-Off plan, then in accordance with the provisions of Article 127 Paragraph (5) of the Company Law, the creditors shall be deemed to have accepted and approved the implementation of this Spin-Off.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">If there are creditors who do not agree to this Spin-Off plan, the Company will prepare or conduct re-negotiations (if possible) to the extent that it complies with the provisions of the prevailing laws and regulations.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0.6pt 0pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">If after such negotiation, the creditors still decide not to approve this Spin-Off and will withdraw their loan funds and/or request the repayment of receivables, the Company will handle and resolve the matter. </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0.6pt 0pt 0pt 0pt;"><font style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:0.05pt;visibility:hidden;">&#8203;</font></p><div style="margin-left:-0.3pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;padding-right:0pt;table-layout:auto;width:99.44%;"><tr style="height:29.15pt;"><td style="color:#ffffff;vertical-align:top;width:100%;background:#000000;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><div style="height:29.15pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:center;width:100%;border:0pt;"><div style="display:table-row;"><div style="color:#ffffff;display:table-cell;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">X.</div><div style="display:table-cell;padding:0pt;"><b style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">NOTIFICATION TO CUSTOMERS</b></div></div></div></div></div></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:14pt;margin:0.15pt 0pt 0pt 0pt;"><font style="font-size:14pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">In accordance with the prevailing laws and regulations in Indonesia, assets and liabilities relating to IndiHome Business Segment, including some of the agreements or contracts with third parties which have been signed by the Company in respect with the IndiHome Business Segment, shall be automatically transferred by operation of law to Telkomsel after the Spin-Off becomes effective, which is on July 1, 2023. This also includes contracts with IndiHome Business Segment customers.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Therefore, as per July 1, 2023, Telkomsel will become the provider of IndiHome services that will be more integrated, become the party to the contract with the customers of IndiHome Business Segment, and become the controller of IndiHome Business Segment customers&#8217; personal data. This notification to customers is also made to fulfill the provision of Article 48 (1) Law Number 27 of 2022 on Personal Data Protection. </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">During this integration process, customers may continue to enjoy IndiHome services without having to change their device or system configurations. It can also be ensured that there will be no immediate impact on all IndiHome services and they will continue to run without connection disruption or any additional charges in respect with this Spin-Off.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">As per July 1, 2023, because Telkomsel will become the provider of IndiHome services, all communication, inquiries, comments, and complaints submitted by IndiHome Business Segment customers should be addressed to Telkomsel. </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-size:14pt;visibility:hidden;">&#8203;</font></p><div style="margin-left:-0.3pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;padding-right:0pt;table-layout:auto;width:99.44%;"><tr style="height:29.15pt;"><td style="color:#ffffff;vertical-align:top;width:100%;background:#000000;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><div style="height:29.15pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:center;width:100%;border:0pt;"><div style="display:table-row;"><div style="color:#ffffff;display:table-cell;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">XI.</div><div style="display:table-cell;padding:0pt;"><b style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">SETTLEMENT OF THE MINORITY SHAREHOLDERS RIGHTS</b></div></div></div></div></div></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">If there are shareholders who do not agree with the Spin-Off plan, it shall be resolved in accordance with the prevailing Company Law&#39;s provisions.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Further information on this matter can be accessed on the Company&#39;s website at www.telkom.co.id as of the date of the GMS.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="font-size:14pt;visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><div style="margin-left:-0.3pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;padding-right:0pt;table-layout:auto;width:99.44%;"><tr style="height:29.15pt;"><td style="color:#ffffff;vertical-align:top;width:100%;background:#000000;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><div style="height:29.15pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:center;width:100%;border:0pt;"><div style="display:table-row;"><div style="color:#ffffff;display:table-cell;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">XII.</div><div style="display:table-cell;padding:0pt;"><b style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">GENERAL MEETING OF INDEPENDENT SHAREHOLDERS</b></div></div></div></div></div></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:2.29pt 0pt 0pt 0pt;"><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;">X</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:0.05pt;">I</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:-0.05pt;">V</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;white-space:pre-wrap;">.      </b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:0.05pt;"> </b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;">R</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:0.05pt;">A</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;">P</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:-0.1pt;">A</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;">T</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:-0.05pt;"> </b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;">U</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:-0.05pt;">M</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;">UM</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:-0.05pt;"> </b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;">P</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:0.05pt;">E</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:-0.05pt;">M</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:-0.1pt;">E</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:0.05pt;">G</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:-0.1pt;">A</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:-0.05pt;">N</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;">G</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:-0.05pt;"> </b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:0.05pt;">S</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;">A</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:-0.1pt;">H</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;">AM L</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:-0.1pt;">U</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;">AR</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:-0.05pt;"> </b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:0.05pt;">B</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:-0.05pt;">I</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:-0.1pt;">A</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;letter-spacing:0.05pt;">S</b><b style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;">A</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 3.1pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Independent GMS to approve the Proposed Transaction shall be held on May 30, 2023. Shareholders who are entitled to attend the Independent GMS are Independent Shareholders registered in the Company&#39;s Register of Shareholders and/or holders of securities sub-accounts at the close of share trading on the Stock Exchange on May 5, 2023 or their authorized representatives with a power of attorney.</font><font style="color:#ff0000;font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;"> </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 3.1pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;margin-right:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 3.1pt 0pt 0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;">Attendance Quorum and Resolution of Independent GMS </b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 3.1pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;margin-right:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 3.1pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Referring to the Company&#39;s Articles of Association and POJK 15/2020 and Article 14 POJK 17/2020, the attendance quorum and decision quorum of the GMS for this agenda is attended by more than 1/2 (one-half) of the total number of shares with voting rights owned by Independent Shareholders. </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 3.1pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;margin-right:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 3.1pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">The resolution of the Independent GMS are valid if approved by Independent Shareholders representing more than 1/2 (one-half) of all shares with valid voting rights owned by Independent Shareholders. </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:0.94pt 0pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 406.5pt 0pt 0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Second Meeting</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:0.05pt 0pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 3.2pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">In the event that the attendance quorum is not reached, </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.2pt;">the second GMS can be held and can be declared valid if attended by Independent Shareholders representing more than </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.05pt;">1/2 (one-half) of the total shares with valid voting rights owned by Independent Shareholders and approved by more than 1/2 (one-half) of the total shares owned by Independent Shareholders present at the meeting. </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:0.89pt 0pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;background:#ffff00;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 412.2pt 0pt 0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Third Meeting</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:0.05pt 0pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 3.25pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">In the event that the attendance quorum at the second GMS is not fulfilled</font><font style="font-family:'Arial','Helvetica','sans-serif';">,</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.1pt;"> the third GMS may be held provided that the third GMS shall be valid and shall have the right to make decisions if the GMS is attended by Independent Shareholders of the share with </font><font style="font-family:'Arial','Helvetica','sans-serif';">valid voting rights fulfilling the attendance quorum as determined by the OJK at the request of the Company.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 3.25pt 0pt 0pt;"><font style="display:inline-block;width:288.5pt;"></font><font style="font-family:'Arial','Helvetica','sans-serif';margin-right:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 3.25pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">The resolution of the third GMS shall be valid if approved by the Independent Shareholders representing more than 50% (fifty percent) of the shares owned by the Independent Shareholders present in the meeting. </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 3.25pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-right:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:0pt;"><font style="font-size:5pt;visibility:hidden;">&#8203;</font></p><div style="margin-left:-0.3pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;padding-right:0pt;table-layout:auto;width:99.44%;"><tr style="height:29.15pt;"><td style="color:#ffffff;vertical-align:top;width:100%;background:#000000;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><div style="height:29.15pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:center;width:100%;border:0pt;"><div style="display:table-row;"><div style="color:#ffffff;display:table-cell;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">XIII.</div><div style="display:table-cell;padding:0pt;"><b style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">GENERAL MEETING OF SHAREHOLDERS (SPIN-OFF APPROVAL AGENDA)</b></div></div></div></div></div></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 3.1pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">GMS to approve the Spin-Off plan shall be held on May 30, 2023. Shareholders who are entitled to attend the GMS are shareholders registered in the Company&#39;s Register of Shareholders and/or holders of securities sub-accounts at the close of share trading on the Stock Exchange on May 5, 2023 or their authorized representatives with a power of attorney. </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 3.1pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;margin-right:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 3.1pt 0pt 0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;letter-spacing:0.05pt;">Attendance Quorum and Resolution of GMS </b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 3.1pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;margin-right:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 3.1pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">Referring to the Company&#39;s Articles of Association and POJK 15/2020, the attendance quorum and decision quorum of the GMS for this agenda is attended by the shareholders of Dwiwarna Series A and other legal shareholders who collectively represents at least 3/4 (three-quarters) of the total number of shares with valid voting rights.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 3.1pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;margin-right:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 3.1pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">The resolution of the GMS are valid if approved by the shareholders of Dwiwarna Series A and other legal shareholders who collectively represents at least 3/4 (three-quarters) of the total votes.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 3.1pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-right:0pt;visibility:hidden;">&#8203;</font></p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 406.5pt 0pt 0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Second Meeting</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:0.05pt 0pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 3.2pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">In the event that the attendance quorum is not reached, </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.2pt;">the second GMS shall be held and shall be declared valid if attended by shareholders of Dwiwarna Series A and other shareholders and/or their legal representative that collectively represents at the minimum of </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.05pt;">2/3 (two-thirds) of the total shares with valid voting rights and such resolution shall be approved by the shareholder holding Dwiwarna Series A and other shareholders and/or their legal representative that collectively represent more than 3/4 (three-quarters) </font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">of the total votes</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:-0.05pt;"> present at the GMS. </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:0.89pt 0pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;visibility:hidden;background:#ffff00;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 412.2pt 0pt 0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Third Meeting</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:0.05pt 0pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 3.25pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">In the event that the attendance quorum at the second GMS is not fulfilled</font><font style="font-family:'Arial','Helvetica','sans-serif';">,</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.1pt;"> the third GMS may be held provided that the third GMS shall be valid and shall have the right to make decisions if the GMS is attended by shareholders of Dwiwarna Series A and other shareholders and/or their legal representatives collectively in the attendance quorum and terms of decision-making </font><font style="font-family:'Arial','Helvetica','sans-serif';">as determined by the OJK at the request of the Company.</font><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.1pt;"> </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0.64pt 3.05pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:9pt;letter-spacing:0.05pt;margin-right:0pt;visibility:hidden;">&#8203;</font></p><div style="margin-left:-0.3pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;padding-right:0pt;table-layout:auto;width:99.44%;"><tr style="height:29.15pt;"><td style="color:#ffffff;vertical-align:top;width:100%;background:#000000;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><div style="height:29.15pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:center;width:100%;border:0pt;"><div style="display:table-row;"><div style="color:#ffffff;display:table-cell;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">XIV.</div><div style="display:table-cell;padding:0pt;"><b style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">ESTIMATED SCHEDULE RELATED TO THE SPIN-OFF</b></div></div></div></div></div></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0.6pt 0pt 0pt 0pt;"><font style="font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;visibility:hidden;">&#8203;</font></p><div align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;table-layout:auto;width:99.37%;"><tr style="height:1pt;"><td style="vertical-align:middle;width:59.3%;background:#d9d9d9;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-weight:bold;">Activities</b></p></td><td style="vertical-align:middle;width:2.87%;background:#d9d9d9;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-weight:bold;visibility:hidden;">&#8203;</font></p></td><td style="vertical-align:middle;width:37.82%;background:#d9d9d9;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-weight:bold;">Date</b></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:59.3%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">Announcement of the Spin-Off Plan and Disclosure of Information in National Newspaper</font></p></td><td style="vertical-align:top;width:2.87%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">:</font></p></td><td style="vertical-align:top;width:37.82%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">April 6, 2023</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:59.3%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">Announcement of the Spin-Off Plan to the Employees of the Company</font></p></td><td style="vertical-align:top;width:2.87%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">:</font></p></td><td style="vertical-align:top;width:37.82%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">April 6, 2023</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:59.3%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">Deadline for Submitting Any Objections by Creditors </font></p></td><td style="vertical-align:top;width:2.87%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">:</font></p></td><td style="vertical-align:top;width:37.82%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">April 20, 2023</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:59.3%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">Announcement of the GMS</font></p></td><td style="vertical-align:top;width:2.87%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">:</font></p></td><td style="vertical-align:top;width:37.82%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">April 6, 2023</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:59.3%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">Notice of GMS</font></p></td><td style="vertical-align:top;width:2.87%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">:</font></p></td><td style="vertical-align:top;width:37.82%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">May 8, 2023</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:59.3%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">GMS</font></p></td><td style="vertical-align:top;width:2.87%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">:</font></p></td><td style="vertical-align:top;width:37.82%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">May 30, 2023</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:59.3%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">Announcement of GMS Result </font></p></td><td style="vertical-align:top;width:2.87%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">:</font></p></td><td style="vertical-align:top;width:37.82%;background:#cceeff;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">June 5, 2023</font></p></td></tr><tr style="height:1pt;"><td style="vertical-align:top;width:59.3%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">The Signing of the Deed of Spin-Off</font></p></td><td style="vertical-align:top;width:2.87%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">:</font></p></td><td style="vertical-align:top;width:37.82%;border-bottom:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt 5.4pt 0pt 5.4pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:11pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;">June 30, 2023 (</font><i style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:italic;">or other date determined by the Company</i><i style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:italic;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">)</i></p></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><div style="margin-left:-0.3pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;padding-right:0pt;table-layout:auto;width:99.44%;"><tr style="height:29.15pt;"><td style="color:#ffffff;vertical-align:top;width:100%;background:#000000;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><div style="height:29.15pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:center;width:100%;border:0pt;"><div style="display:table-row;"><div style="color:#ffffff;display:table-cell;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">XV.</div><div style="display:table-cell;padding:0pt;"><b style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">LEGAL IMPACT OF THE SPIN-OFF</b></div></div></div></div></div></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">The Company shall separate the IndiHome Business Segment in accordance with Article 135 paragraph (1) letter (b) of the Company Law by transferring the IndiHome Business Segment to Telkomsel and Telkomsel shall accept the separation, and subsequently Telkomsel shall issue new shares in the name of the Company.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Accordingly, since the </font><font style="font-family:'Arial','Helvetica','sans-serif';">Spin-Off </font><font style="font-family:'Arial','Helvetica','sans-serif';">Effective Date:</font></p><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">1.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">All operations, businesses, activities and business activities related to the IndiHome Business Segment are transferred by operation of law to, and to be conducted by Telkomsel for the benefit, loss and liability of Telkomsel as the transferee of the IndiHome Business Segment as a result of the Spin-Off.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">2.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">All transferred assets included in the IndiHome Business Segment shall automatically be transferred by operation of law to Telkomsel.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">3.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">All legal obligations owed and incurred by Telkom to any party included in the IndiHome Business Segment shall pass by operation of law to Telkomsel including but not limited to obligations to the government of the Republic of Indonesia (both central and regional), creditors or other financing institutions, shareholders, employees and other parties.</font></td></tr></table><table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;line-height:1.37;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:justify;width:100%;border:0pt;"><tr><td style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">4.</td><td style="padding:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:10pt;font-style:normal;font-weight:normal;">The handling or settlement of any matter that may arise after the Spin-Off Effective Date relating to the IndiHome Business Segment (including matters concerning all reasonable costs incurred in handling such matter) will be conducted in accordance with the agreement in the Conditional Spin-Off Agreement.</font></td></tr></table></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-bottom:30pt;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:always;width:81.51%;border-width:0;"><div style="max-width:100%;padding-left:10.25%;padding-right:8.24%;position:relative;"><div style="margin-top:21.3pt;min-height:47.7pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><u style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;font-weight:bold;text-decoration-color:#000000;text-decoration-line:underline;text-decoration-style:solid;">Un-official translation </u></p><p style="font-family:'Times New Roman','Times','serif';font-size:7pt;text-align:right;margin:0pt;"><i style="font-family:'Arial','Helvetica','sans-serif';font-style:italic;">In the event of any inconsistency between, or if there is any discrepancy in interpreting, provisions in Indonesian language version shall prevail.</i></p></div><div style="clear:both;max-width:100%;position:relative;"><div style="margin-left:-0.3pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;padding-right:0pt;table-layout:auto;width:99.44%;"><tr style="height:29.15pt;"><td style="color:#ffffff;vertical-align:top;width:100%;background:#000000;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><div style="height:29.15pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:center;width:100%;border:0pt;"><div style="display:table-row;"><div style="color:#ffffff;display:table-cell;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">XVI.</div><div style="display:table-cell;padding:0pt;"><b style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">BOARD OF DIRECTORS AND BOARD OF COMMISSIONERS STATEMENT</b></div></div></div></div></div></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 3.25pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;margin-right:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 3.25pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">The Board of Directors and Board of Commissioners of the Company hereby state that the Proposed Transaction is a Material Transaction and Affiliated Transaction and the Proposed Transaction does not contain any conflict of interest as referred to in POJK 42/2020.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 3.25pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;margin-right:0pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 3.25pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';letter-spacing:0.05pt;">The Board of Directors and Board of Commissioners of the Company, individually or collectively, are responsible for the completeness and accuracy of all information or material facts contained in the Spin-Off Plan and Disclosure of Information and confirm that the information disclosed is correct and that there are no undisclosed material facts that could make this information misleading.</font><font style="font-family:'Arial','Helvetica','sans-serif';"> </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt 3.25pt 0pt 0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';margin-right:0pt;visibility:hidden;">&#8203;</font></p><div style="margin-left:-0.3pt;" align="left"><table style="border-collapse:collapse;font-size:16pt;height:max-content;padding-left:0pt;padding-right:0pt;table-layout:auto;width:99.44%;"><tr style="height:29.15pt;"><td style="color:#ffffff;vertical-align:top;width:100%;background:#000000;border-bottom:1px solid #000000;border-left:1px solid #000000;border-right:1px solid #000000;border-top:1px solid #000000;margin:0pt;padding:0pt;"><div style="height:29.15pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:0pt;width:100%;"><div border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse;display:table;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;margin-bottom:0pt;margin-top:0pt;table-layout:fixed;text-align:center;width:100%;border:0pt;"><div style="display:table-row;"><div style="color:#ffffff;display:table-cell;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-weight:bold;vertical-align:text-top;white-space:nowrap;width:36pt;padding:0pt;">XVII.</div><div style="display:table-cell;padding:0pt;"><b style="color:#ffffff;font-family:'Arial','Helvetica','sans-serif';font-size:11pt;font-style:normal;font-weight:bold;">ADDITIONAL INFORMATION</b></div></div></div></div></div></td></tr></table></div><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0.6pt 3.9pt 0pt 0pt;"><font style="color:#ffffff;font-family:'Calibri','Helvetica','sans-serif';font-size:11pt;font-weight:bold;margin-right:0pt;visibility:hidden;background:#000000;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">This Spin-Off Plan and Disclosure of Information is made for the benefit of the Company&#39;s shareholders, Company&#8217;s employees, public, and interested parties, and can be obtained at the Company&#39;s office at Telkom Landmark Tower, 39th floor Jl. Jendral Gatot Subroto Kav. 52 South Jakarta, starting from the date of announcement of the Summary of Spin-Off Plan and Disclosure of Information in a daily newspaper until the date of the Company&#39;s GMS regarding the approval of the Spin-Off Plan and Disclosure of Information is held. </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.37;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">If there is any inquiry to this Spin-Off Plan and Disclosure of Information, please submit it in writing to the Company addressed to: </font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:justify;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Investor Relation</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Telkom Landmark Tower, 39-th floor Jl. Jendral Gatot Subroto Kav. 52 Jakarta Selatan</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';">Thus, this Spin-Off Plan and Disclosure of Information is made to fulfill the provisions of the prevailing regulations.</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:center;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Bandung, 6 April 2023</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:center;margin:0pt;"><b style="font-family:'Arial','Helvetica','sans-serif';font-weight:bold;">Board of Directors</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;margin:0pt;"><font style="font-family:'Arial','Helvetica','sans-serif';font-size:13pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;margin:0pt;"><font style="font-size:13pt;visibility:hidden;">&#8203;</font></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:13pt;text-align:center;margin:0pt;">***</p></div><div style="clear:both;margin-bottom:30pt;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:center;margin:0pt;"><font style="visibility:hidden;">&#8203;</font></p></div></div><hr style="background-color:#000000;clear:both;color:#000000;height:2pt;line-height:0;margin-left:10.25%;margin-right:8.24%;margin-top:30pt;page-break-after:avoid;width:81.51%;border-width:0;"></body></html>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
