Related parties

Nature of relationships

Nature of accounts/ transactions

The Government Ministry of Finance

Majority stockholder

Internet and data service revenues, other telecommunication service revenues, finance income, finance costs, and investment in financial instruments

Government agencies

Entities under common control

Network service revenues, internet and data service revenues, other telecommunication revenues, life insurance expenses, press release expenses, customer education expenses, office building lease expenses, consultant expenses, training expenses, finance income, and purchase of property and equipments

MoCI

Entity under common control

Concession fees, radio frequency usage charges, USO charges, telecommunication service revenues, and license expenses

State-owned enterprises

Indosat

Entity under common control

Interconnection revenues, leased lines revenues, satellite transponder usage revenues, interconnection expenses, telecommunication facilities usage expenses, operating and maintenance expenses, and usage of data communication network system expenses

PT Pertamina (Persero) (“Pertamina”)

Entity under common control

Internet and data service revenues and other telecommunication service revenues

State-owned banks

Entities under common control

Finance income and finance costs

Bank Mandiri

Entity under common control

Internet and data service revenues, other telecommunication service revenues, finance income, finance costs, cash in bank, time deposits, loan, and consultant expenses

BNI

Entity under common control

Internet and data service revenues, other telecommunication service revenues, finance income, finance costs, cash in bank, time deposits, loan, consultant expenses, medical expenses, and financing

BRI

Entity under common control

Internet and data service revenues, other telecommunication service revenues, finance income, finance costs, cash in bank, time deposits, and loan

PT Perusahaan Listrik Negara (Persero) (“PLN”)

Entity under common control

Internet and data service revenues, other telecommunication service revenues, and electrical utility expenses

Indonesia Financial Group

Entity under common control

Property and equipment insurance expenses and personal insurance expenses

Bahana TCW

Entity under common control

Mutual funds

Sarana Multi Infrastruktur

Entity under common control

Other borrowings and finance costs

BTN

Entity under common control

Cash in bank and time deposits

BSI

Entity under common control

Cash in bank, time deposits, and loan

PT Omni Inovasi Indonesia Tbk. (“Omni Inovasi Indonesia”)

Associated company

Distribution of SIM cards and pulse reload voucher

PT Fintek Karya Nusantara (“Finarya”)

Associated company

Marketing expenses and distribution of SIM cards and pulse reload voucher

Indonusa

Associated company

Internet and data service revenues and other telecommunication service revenues

PT Kereta Cepat Indonesia China (“KCIC”)

Other related entity

Other telecommunication service revenues

Padi UMKM

Other related entity

Operational and maintenance expenses, collection fees, training expenses, internal security expenses, research and development expenses, printing expenses, meeting expenses, general and other administrative expenses, promotion expenses, advertising expenses, sales fees, customer education expenses, and marketing expenses

Directors

Key management personnel

Honorarium and facilities

Commissioners

Supervisory personnel

Honorarium and facilities