SUPPLEMENTARY INFORMATION

Transcription

1 SUPPLEMENTARY INFORMATION THE INDONESIAN SUPPLEMENTARY INFORMATION IS THE GOVERNING VERSION. IN THE EVENT OF ANY INCONSISTENCY BETWEEN THE INDONESIAN SUPPLEMENTARY INFORMATION AND THE ENGLISH SUPPLEMENTARY INFORMATION, THE INDONESIAN SUPPLEMENTARY INFORMATION SHALL PREVAIL AND THE RELEVANT ENGLISH SUPPLEMENTARY INFORMATION WILL BE DEEMED TO BE AUTOMATICALLY AMENDED TO CONFORM TO AND TO BE CONSISTENT WITH THE INDONESIAN SUPPLEMENTARY INFORMATION. THE FINANCIAL SERVICES AUTHORITY (OTORITAS JASA KEUANGAN, OJK ) NEITHER GIVES ITS APPROVAL OR DISAPPROVAL ON THE SECURITIES, NOR DOES THE OJK CONFIRM THE ACCURACY OR COMPLETENESS OF THE CONTENT OF THIS SUPPLEMENTARY INFORMATION. ANY STATEMENT IN CONTRARY TO THE ABOVE SHALL CONSTITUTE AN UNLAWFUL ACT. PT INDOSAT Tbk ( THE COMPANY ) AND THE JOINT LEAD UNDERWRITERS OF THE BOND AND SUKUK IJARAH ISSUE SHALL BE FULLY RESPONSIBLE FOR THE ACCURACY OF ALL MATERIAL IN FORMATION OR FACTS, AND THE TRUTHFULNESS OF OPINIONS STATED IN THIS SUPPLEMENTARY INFORMATION. THIS PUBLIC OFFERING IS A PHASE-4 DEBT SECURITIES AND SUKUK OFFERING OF THE DEBT SECURITIES AND SUKUK SHELF REGISTRATION PUBLIC OFFERING I THAT HAS BECOME EFFECTIVE. PT INDOSAT Tbk Line of Business: Network Provider and/or Telecommunication and Informatics and/or convergence technology service provider. Head Office Address : Jl. Medan Merdeka Barat 21 Jakarta 10110, Indonesia Phone: (021) ; Facsimile: (021) Website: investor@indosatooredoo.com Domiciled in Central Jakarta, Indonesia Regional Offices: Jabotabek Regional Office, Sumatera Regional Office West Java & Central Java Regional Office East Java, Bali and Nusa Tenggara Regional Office Kalimantan, Sulawesi, Maluku and Papua Regional Office INDOSAT SHELF REGISTRATION BONDS I SHELF REGISTRATION PUBLIC OFFERING WITH A TARGET RAISED FUND TOTALING Rp9,000,000,000,000 (NINE TRILLION RUPIAH) ( SHELF REGISTRATION BONDS I ) WITH REGARD TO THE SHELF REGISTRATION PUBLIC OFFERING REFERRED TO ABOVE, THE COMPANY SHALL ISSUE AND OFFER: INDOSAT SHELF REGISTRATION BONDS I PHASE IV YEAR 2016 WITH TOTAL BOND PRINCIPAL OF RP3,172,000,000,000.- (THREE TRILLION ONE HUNDRED SEVENTY TWO BILLION RUPIAH) ( BONDS ) and INDOSAT SHELF REGISTRATION SUKUK IJARAH I SHELF REGISTRATION PUBLIC OFFERING WITH A TARGET IJARAH PRINCIPAL OF RP1,000,000,000,000.- (ONE TRILLION RUPIAH) (SHELF REGISTRATION SUKUK IJARAH I ) WITH REGARD TO THE SHELF REGISTRATION PUBLIC OFFERING REFERRED TO ABOVE, THE COMPANY SHALL ISSUE AND OFFER: INDOSAT SHELF REGISTRATION SUKUK IJARAH I PHASE IV YEAR 2016 WITH TOTAL IJARAH PRINCIPAL OF RP288,000,000,000.- (TWO HUNDRED EIGHTY EIGHT BILLION RUPIAH) ( SUKUK IJARAH ) The Bonds shall be offered at 100% (one hundred percent) of the Bond Principal. The Bonds shall be issued scripless, except the Bond Jumbo Certificate, which shall be issued under the name of PT Kustodian Sentral Efek Indonesia ( KSEI ), with a total offering of Rp3,172,000,000,000.- (three trillion one hundred seventy two billion Rupiah), subject to the following Bond s terms and conditions: A : Totaling Rp1,075,000,000,000.- (one trillion seventy five billion Rupiah) with a fixed interest rate of 7.50% (seven point fifty percent) per annum and havi ng a maturity of 370 (three hundred Series seventy) Calendar Days from the Issue Date; B : Totaling Rp1,047,000,000,000.- (one trillion forty seven billion Rupiah) with a fixed interest rate of 8.00% (eight percent) per annum and having a maturity of 3 (three) years from the Issue Series Date; C : Totaling Rp734,000,000,000.- (seven hundred thirty four billion Rupiah) with a fixed interest rate of 8.60% (eight point sixty percent) per annum and havi ng a maturity of 5 (five) years from the Series Issue Date; D : Totaling Rp115,000,000,000.- (one hundred fifteen billion Rupiah) with a fixed interest rate of 9.00% (nine percent) per annum and having a maturity of 7 (seven) years from the Issue Date; Series E : Totaling Rp201,000,000,000.- (two hundred one billion Rupiah) with a fixed interest rate of 9.15% (nine point fifteen percent) per annum and having a maturity of 10 (ten) years from the Issue Series Date; Bond Interest shall be paid every quarter (3 months) commencing on the Issue Date, where the first Bond Interest shall be pai d on December 2, 2016, whereas the last Bond Interest and the Bond Principal that has matured shall be paid on September 12, 2017, for A Series Bonds, on September 2, 2019, for B Series Bonds, on September 2, 2021, for C Series Bonds, on September 2, 2023, for D Series Bonds and on September 2, 2026, for E Series Bonds. The Sukuk Ijarah shall be offered at 100% (one hundred percent) of the Ijarah Principal. The Sukuk Ijarah shall be issued scripless, except the Sukuk Ijarah Jumbo Certificate, which shall be issued under the name of PT Kustodian Sentral Efek Indonesia ( KSEI ), with a total offering of Rp288,000,000,000.- (two hundred eighty eight billion Rupiah), subject to the following Sukuk Ijarah s terms and conditions: A : Totaling Rp163,000,000,000.- (one hundred sixty three billion Rupiah), with a Fixed Ijarah Return totaling Rp12,225,000,000,000.- (twelve billion two hundred twenty five million Rupiah) per Series annum, having maturity of 370 (three hundred seventy) Calendar Days from the Issue Date. B : Totaling Rp61,000,000,000.- (sixty one billion Rupiah), with a Fixed Ijarah Return totaling Rp4,880,000,000,000.- (four billion eight hundred eighty eight million Rupiah) per annum, having Series maturity of 3 (three) years from the Issue Date. C : Totaling Rp10,000,000,000.- (ten billion Rupiah), with a Fixed Ijarah Return totaling Rp860,000,000,000.- (eight hundred sixty million Rupiah) per annum, having maturity of 5 (five) years from Series the Issue Date. D : Totaling Rp54,000,000,000.- (fifty four billion Rupiah), with a Fixed Ijarah Return totaling Rp4,941,000,000,000.- (four billion nine hundred forty one million Rupiah) per annum, having maturity Series of 10 (ten) years from the Issue Date. The Fixed Ijarah Return shall be paid every quarter (3 months) commencing on the Issue Date, where the first Fixed Ijarah Return Payment Date shall fall on December 2, 2016, whereas the last Fixed Ijarah Return as well as the Repayment Date of Sukuk Ijarah Principal shall fall on December 12, 2017, for A Series Sukuk Ijarah, on September 2, 2019, for B Series Sukuk Ijarah, on September 2, 2021, for C Series Ijarah Sukuk and on September 2, 2026, for D Series Sukuk Ijarah. Indosat Shelf Registration Bond I Phase V and/or subsequent phases (if any) shall be determined in the future. IMPORTANT NOTICE THE BONDS AND SUKUK IJARAH ARE NOT SECURED WITH SPECIFIC COLLATERALS IN THE FORM OF OBJECTS OR REVENUES OR OTHER ASSETS OF THE COMPANY IN ANY FORM AND ARE NOT SECURED BY ANY OTHER PARTY WHATSOEVER. ALL OF THE COMPANY'S ASSETS, BOTH MOVABLE AND IMMOVABLE ASSETS, WHETHER THOSE THAT HAVE EXISTED OR WILL EXIST IN THE FUTURE, EXCEPT FOR THE COMPANY S ASSETS THAT ARE SPECIFICALLY PLEDGED AS COLLATERALS TO ITS CREDITORS, SHALL SERVE AS COLLATERALS FOR ALL OF THE COMPANY S DEBTS TO ALL ITS CREDITORS THAT ARE NOT SECURED WITH SPECIFIC COLLATERALS OR THOSE WITHOUT PREFERENCE, WHICH SHALL RANK PARI PASSU BASED ON THE TRUSTEE AGREEMENT, IN ACCORDANCE WITH ARTICLE 1131 AND 1132 OF THE CIVIL CODE. WITHIN ONE YEAR SUBSEQUENT TO THE ALLOTMENT DATE, THE COMPANY MAY BUY BACK ALL OR A PORTION OF THE BONDS AND/OR SUKUK IJARAH THAT HAVE NOT MATURED AT MARKET PRICE. IN THE EVENT THAT THE COMPANY BUYS BACK A PORTION OR ALL OF THE BONDS AND/OR SUKUK IJARAH, THE COMPANY SHALL HAVE THE RIGHT TO CONDUCT SUCH BUYBACK FOR THE PURPOSE OF REPAYMENT OR AS BONDS/SUKUK IJARAH THAT ARE REPURCHASED TO BE HELD AND RESOLD AND/OR TO BE CONSIDERED AS A REPAYMENT. THE BUYBACK OF BONDS AND/OR SUKUK IJARAH MAY BE CONDUCTED SUBSE QUENT TO THE ANNOUNCEMENT OF SUCH BONDS AND/OR SUKUK IJARAH BUYBACK PLAN. SUCH ANNOUNCEMENT SHALL BE MADE IN AT LEAST 1 (ONE) NEWSPAPER PUBLISHED IN THE INDONESIAN LANGUAGE WITH NATIONAL CIRCULATION BY NO LATER THAN 2 (TWO) CALENDAR DAYS PRIOR TO THE OFFERING DATE OF BUYBACK. THE COMPANY'S MAIN BUSINESS RISK EXPOSURE IS COMPETITION FROM EXISTING PLAYERS AS WELL AS NEW PLAYERS IN THE INDUSTRY, WHICH MAY HAVE ADVERSE IMPACTS TO THE COMPANY S CELLULAR SERVICE BUSINESS, INCLUDING THE EMERGENCE OF OTT (OVER-THE-TOP) BUSINESS IN THE TELECOMMUNICATION INDUSTRY. INVESTORS PURCHASING THE BONDS AND SUKUK IJARAH MAY BE EXPOSED TO THE RISK THAT THE BONDS AND SUKUK IJARAH OFFERED IN THIS PUBLIC OFFERING ARE NOT LIQ UID AS A RESULT OF, AMONG OTHERS, THE FACT THAT BONDS AND SUKUK IJARAH ARE GENERALLY PURCHASED FOR THE PURPOSE OF LONG-TERM INVESTMENTS. IN ADDITION, THERE IS A POSSIBILITY THAT THE COMPANY MAY BUY BACK THE BONDS AND SUKUK IN THE OPEN MARKET AFTER ONE YEAR SUBSEQUENT TO THE ALLOTMENT DATE. THE COMPANY SHALL ONLY ISSUE THE BONDS AND SUKUK IJARAH JUMBO CERTIFICATES, WHICH SHALL BE REGISTERED UNDER THE NAME OF KSEI. THE BONDS AND SUKUK IJARAH SHALL BE DISTRIBUTED ELECTRONICALLY THROUGH KSEI AND SHALL BE ADMINISTERED IN KSEI S COLLECTIVE DEPOSITORY. With respect to the issuance of Bonds and Sukuk Ijarah referred to above, the Company has obtained the rating on long-term debt instruments (Bonds and Sukuk Ijarah) from PT Fitch Ratings Indonesia ( Fitch ) and PT Pemeringkat Efek Indonesia ( Pefindo ): AAA(idn) (Triple A) idaaa (Triple A) AAA(idn) (Triple A) idaaa(sy) (Triple A Syariah) The Bonds and Sukuk Ijarah shall be listed on the Indonesia Stock Exchange ( IDX ) The Offering of these Bonds and Sukuk Ijarah Issues are guaranteed in full commitment. THE BOND AND SUKUK IJARAH JOINT LEAD UNDERWRITER UNDERWRITERS, WHICH CONCURRENTLY ACT AS THE BOND AND SUKUK IJARAH UNDERWRITERS PT BCA SEKURITAS PT CIMB SECURITIES INDONESIA PT DANAREKSA SEKURITAS PT DBS VICKERS SECURITIES INDONESIA BOND TRUSTEE AND SUKUK IJARAH TRUSTEE PT Bank Rakyat Indonesia (Persero) Tbk. This Supplementary Information is issued in Jakarta on August 16, 2016 PT INDO PREMIER SECURITIES

2 SCHEDULE SCHEDULE Effective Date : December 4, 2014 Public Offering Period : August 29-30, 2016 Allotment Date : August 31, 2016 Bond and Sukuk Ijarah Electronic Distribution Date : September 2, 2016 Listing Date on the Indonesia Stock Exchange : September 5, 2016 SERIAL PUBLIC OFFERING A. BOND SHELF REGISTRATION PUBLIC OFFERING Title of the Bonds Indosat Shelf Registration Bonds I Phase IV Year 2016 Bond s Principal Amount, Term, Maturity and Bond Interest The Bonds shall consist of: A Series B Series C Series D Series E Series : Totaling Rp1,075,000,000,000.- (one trillion seventy five billion Rupiah) with a fixed interest rate of 7.50% (seven point fifty percent) per annum and having a maturity of 370 (three hundred seventy) Calendar Days from the Issue Date, the A Series Bonds shall mature on September 12, : Totaling Rp1,047,000,000,000.- (one trillion forty seven billion Rupiah) with a fixed interest rate of 8.00% (eight percent) per annum and having a maturity of 3 (three) years from the Issue Date, the B Series Bonds shall mature on September 2, : Totaling Rp734,000,000,000.- (seven hundred thirty four billion Rupiah) with a fixed interest rate of 8.60% (eight point sixty percent) per annum and having a maturity of 5 (five) years from the Issue Date, the C Series Bonds shall mature on September 2, : Totaling Rp115,000,000,000.- (one hundred fifteen billion Rupiah) with a fixed interest rate of 9.00% (nine percent) per annum and having a maturity of 7 (seven) years from the Issue Date, the D Series Bonds shall mature on September 2, : Totaling Rp201,000,000,000.- (two hundred one billion Rupiah) with a fixed interest rate of 9.15% (nine point fifteen percent) per annum and having a maturity of 10 (ten) years from the Issue Date, the E Series Bonds shall mature on September 2, TYPE OF BONDS The Bonds shall be issued in scripless form, except for the Bond Jumbo Certificate, which shall be issued under the name of KSEI as debentures for the interest of the Bondholders. The Bonds shall be registered under the name of KSEI for the benefit of the Account Holders at KSEI, which shall be further registered for the benefit of the Bondholders on the date of delivery of Bond Jumbo Certificate from the Company to KSEI. The Bondholders evidence of ownership of such Bonds shall be the Written Confirmation issued by KSEI or the Account Holders. Transfer Unit a. The Bond s unit of transfer shall be Rp1 (one Rupiah) or any multiple thereof. b. One Transfer Unit shall have the right to cast 1 (one) vote in the GMB. MINIMUM SUBSCRIPTION The Bond subscription shall be made in the sum of no less than Rp5,000,000 (five million Rupiah) and/or any multiple thereof. General Terms of Bond Interest Payment The Bond Interest shall be paid by the Company to the Bondholders through the Paying Agent on the Bond Interest Payment Date. The Bond Interest Payment dates shall be as follows: 2

3 Bond Interest Payment Date Interest No. A Series B Series C Series D Series E Series 1 December 2, 2016 December 2, 2016 December 2, 2016 December 2, 2016 December 2, March 2, 2017 March 2, 2017 March 2, 2017 March 2, 2017 March 2, June 2, 2017 June 2, 2017 June 2, 2017 June 2, 2017 June 2, September 12, 2017 September 2, 2017 September 2, 2017 September 2, 2017 September 2, December 2, 2017 December 2, 2017 December 2, 2017 December 2, March 2, 2018 March 2, 2018 March 2, 2018 March 2, June 2, 2018 June 2, 2018 June 2, 2018 June 2, September 2, 2018 September 2, 2018 September 2, 2018 September 2, December 2, 2018 December 2, 2018 December 2, 2018 December 2, March 2, 2019 March 2, 2019 March 2, 2019 March 2, June 2, 2019 June 2, 2019 June 2, 2019 June 2, September 2, 2019 September 2, 2019 September 2, 2019 September 2, December 2, 2019 December 2, 2019 December 2, March 2, 2020 March 2, 2020 March 2, June 2, 2020 June 2, 2020 June 2, September 2, 2020 September 2, 2020 September 2, December 2, 2020 December 2, 2020 December 2, March 2, 2021 March 2, 2021 March 2, June 2, 2021 June 2, 2021 June 2, September 2, 2021 September 2, 2021 September 2, December 2, 2021 December 2, March 2, 2022 March 2, June 2, 2022 June 2, September 2, 2022 September 2, December 2, 2022 December 2, March 2, 2023 March 2, June 2, 2023 June 2, September 2, 2023 September 2, December 2, March 2, June 2, September 2, December 2, March 2, June 2, September 2, December 2, March 2, June 2, September 2, 2026 The Bond's Interest Rate shall be calculated based on the elapsed Calendar Days where 1 (one) month shall consist of 30 (thirty) Calendar Days and 1 (one) year shall consist of 360 (three hundred sixty) Calendar Days. Collaterals The Bonds are not secured by any specific collateral, but are secured by all of the Company's assets, both movable and immovable assets, whether those existing or will exist in the future, in accordance with the provisions set forth in Article 1131 and 1132 of the Civil Code of the Republic of Indonesia. The rights of the Bondholders shall rank pari passu without preference to the rights of the Company's other creditors in accordance with the prevailing laws and regulations. Taxation Descriptions concerning taxation with respect to this Bond Issue are presented in Chapter VII of the Supplementary Information. Bond Principal Repayment and Bond Interest Payment 3

4 Bond Principal Repayment and Bond Interest Payment shall be paid by KSEI as the Paying Agent on behalf of the Company in accordance with the terms and conditions stipulated in the Paying Agent Agreement to the Bondholders through the Account Holders according to the respective Bond Interest Payment and Bond Principal Repayment schedules that have been set. In the event that the date of payment falls on any day other than the Exchange Day, the payment shall be made on the next Exchange Day. Trustee Pursuant to the Trustee Agreement, the Company has appointed PT Bank Rakyat Indonesia (Persero) Tbk to act as the Trustee with respect to this Bond Public Offering, having its address at Gedung BRI II, 30 th Floor, Jl. Jend. Sudirman Kav , Jakarta Further information concerning the Trustee is presented in Chapter XII of the Supplementary Information. Covenants, Obligations and Negligence of the Company Article 6 of the Trustee Agreement stipulates the covenants and obligations imposed to the Company with respect to the Bond Public Offering, which shall be described further in Chapter XI of the Supplementary Information concerning the Description of Bonds and Sukuk Ijarah. In addition to the covenants and obligations of the Company, article 9 of the Trustee Agreement stipulates the conditions and arrangements concerning negligence (defaults) of the Company, which shall be described further in Chapter X of Supplementary Information concerning the Description of Bonds and Sukuk Ijarah. Bond Subscription Procedures The Bond Subscription Procedures are available in Chapter XI of the Supplementary Information concerning Terms of Bond and Sukuk Ijarah Subscription. Repurchase (Buyback) The Company may, from time to time, after one year from the Allotment Date, repurchase (buy back) a portion or all of the Bonds prior to each Bond Principal Repayment Date, provided that such repurchase (buyback) may be performed if the Company is not in default by the definition of the Trustee Agreement and the Company shall have the right to treat such repurchase (buyback) to be held and sold in the future or as a repayment of the Bonds with due considerations to the laws and regulations. Further information concerning the repurchase (buyback) shall be described in Chapter XI of the Supplementary Information concerning the Description of Bonds and Sukuk Ijarah. Bond Principal Repayment Fund (Sinking Fund) The Company does not form a sinking fund for the Bonds based on the consideration to optimize the use of proceeds from the Bond Issue in accordance with the purpose of use of proceeds from the Bond Issue as disclosed in Chapter II of the Supplementary Information. RATING RESULT Pursuant to Regulation Number IX.C.1 Annex to the Decree of Bapepam Chairman dated October 27, 2000, Number: Kep- 42/PM/2000 concerning Guidelines on the Form and Content of Registration Statement for Public Offering, and Regulation Number: IX.C.11 Annex to the Decree of Bapepam & LK Chairman Number: Kep-712/BL/2012 dated December 26, 2012, concerning Rating of Debt Securities and/or Sukuk. Based on the rating result on long-term debt instruments set forth in Pefindo s Letter No. 1320/PEF-Dir/VIII/2016 dated August 12, 2016, Pefindo has determined the rating of the Company s Bonds to be: idaaa(triple A) The rating shall remain valid for the period from August 12, 2016, until August 1, Based on the rating result on long-term debt instruments set forth in Fitch s Letter No. 122/DIR/RAT/VIII/2016 dated August 9, 2016, Fitch has determined the rating of the Company s Bonds to be: 4

5 AAA(idn)(Triple A) The Company is not Affiliated to Pefindo and Fitch, which acted as the rating agencies. Rights of the Bondholders 1. To receive repayment of Bond Principal, payment of Bond Interest and other rights pertaining to Bonds with due considerations to the provisions of Article 5 paragraph 10 of the Trustee Agreement. 2. The Bondholders entitled to receive Bond Interest Payment shall be the Bondholders whose names are registered in the Account Holders Register on the 4 th (fourth) Exchange Day prior to the Bond Interest Payment Date, unless determined otherwise by KSEI or the prevailing laws and regulations. Therefore, in the event of Bond transaction subsequent to the cutoff date to determine the party entitled to receive such Bond Interest, such party receiving such transfer of Bonds shall not be entitled to the Bond Interest during the respective Bond Interest period. 3. In the event that the Company fails to provide sufficient fund for the payment of Bond Interest and/or repayment of Bond Principal after the Bond Interest Payment Date or Bond Principal Repayment Date has passed, the Company shall be obligated to pay a penalty for such negligence to pay the Bond Principal and/or Bond Interest, the amount of which shall be determined in the Addendum to the Trustee Agreement. The penalty shall be calculated on a daily basis (based on the number of elapsed days) up to the repayment or payment of the amount which the Company is obligated to pay has been made. The penalty referred to above shall be calculated under the basis that 1 (one) year shall constitute 360 (three hundred sixty) Calendar Days and 1 (one) month shall constitute 30 (thirty) Calendar Days. The penalty paid by the Company shall be the rights of the Bondholders, which shall be paid by the Paying Agent to the Bondholders in proportion to the amount of their Bond ownership. 4. One or more Bondholders representing a minimum of 20% (twenty percent) of the outstanding Bond Principal (excluding the Bonds owned by the Company and/or Affiliated Companies) may submit a written request to the Trustee for the GMB to convene by stating the proposed agenda and attaching the photocopy of Written Confirmation to GMB (KTUR) from KSEI, which is obtained from the Account Holders and by presenting the original KTUR to the Trustee, provided that commencing on the issuance of such KTUR, the Bonds shall be suspended by KSEI in the amount equals to the amount of Bonds stated in the KTUR. Such suspension shall be revoked by KSEI solely upon written approval from the Trustee. 5. Based on the GMB Resolutions, the Bondholders shall have the right to perform, among others, the followings: a. Submitting notification to the Company or to the Trustee, or providing directions to the Trustee or taking other actions. b. Discharging the Trustee and appointing the replacement of the Trustee in accordance with the provisions set forth in the Trustee Agreement; c. Taking other actions which are authorized to be conducted by, or on behalf of the Bondholders, including but not limited to, amending the Trustee Agreement with due considerations to the provisions stipulated in the Trustee Agreement and the prevailing laws and regulations. d. Making decisions with respect to the change of Bond Interest rate, change of Bond Interest and/or Bond Principal payment procedures, changes in the term of the Bonds and amendment to the Trustee Agreement with respect to such changes referred to above, whereby the Company shall be entitled to make such changes referred to above solely if the Company is in default according to the definitions set forth in Article 12 of the Trustee Agreement. e. Making the necessary decisions with regard to the intention of the Company or the Bondholders representing a minimum of 20% (twenty percent) of the outstanding Bond Principal to cancel the registration of Bonds at KSEI in accordance with the provisions of the Capital Market and KSEI regulations. f. Making decisions concerning events of force majeure in the event of failure to reach an agreement between the Company and the Trustee. g. Taking other necessary actions for the benefit of the Bondholders based on the provisions of the Trustee Agreement and/or the prevailing laws and regulations. h. Taking decisions with respect to Events of Defaults within the definition of Article 9 of the Trustee Agreement. The rights of the Bondholders, which include, among others, the right to receive payment of Bond Interest and/or repayment of Bond Principal on the Bond Interest Payment Date and/or Bond Principal Repayment Date, are available in Chapter X of the Supplementary Information concerning the Description of Bonds and Sukuk Ijarah. 5

6 B. SUKUK IJARAH SHELF REGISTRATION PUBLIC OFFERING Title of the Sukuk Ijarah Indosat Shelf Registration Sukuk Ijarah I Phase IV Year 2016 Total Ijarah Principal, Term, Maturity, and Fixed Ijarah Returns The total Ijarah Principal shall be Rp288,000,000,000.- (two hundred eighty eight billion Rupiah), with the following terms: A Series B Series C Series D Series : Totaling Rp163,000,000,000.- (one hundred sixty three billion Rupiah), with a Fixed Ijarah Return totaling Rp12,225,000,000,000.- (twelve billion two hundred twenty five million Rupiah) per annum, having maturity of 370 (three hundred seventy) Calendar Days from the Issue Date, the Ijarah Principal Payment Date shall fall on September 12, : Totaling Rp61,000,000,000.- (sixty one billion Rupiah), with a Fixed Ijarah Return totaling Rp4,880,000,000,000.- (four billion eight hundred eighty eight million Rupiah) per annum, having maturity of 3 (three) years from the Issue Date, the Ijarah Principal Payment Date shall fall on September 2, : Totaling Rp10,000,000,000.- (ten billion Rupiah), with a Fixed Ijarah Return totaling Rp860,000,000,000.- (eight hundred sixty million Rupiah) per annum, having maturity of 5 (five) years from the Issue Date, the Ijarah Principal Payment Date shall fall on September 2, : Totaling Rp54,000,000,000.- (fifty four billion Rupiah), with a Fixed Ijarah Return totaling Rp4,941,000,000,000.- (four billion nine hundred forty one million Rupiah) per annum, having maturity of 10 (ten) years from the Issue Date, the Ijarah Principal Payment Date shall fall on September 2, Type of the Sukuk Ijarah The Sukuk Ijarah shall be issued in scripless form, except for the Sukuk Ijarah Jumbo Certificate, which shall be issued under the name of KSEI as proof of Ijarah Principal Payment obligations for the benefit of the Sukuk Ijarah Holders. The Sukuk Ijarah shall be registered under the name of KSEI for the benefit of the Account Holders at KSEI, which shall be further registered for the benefit of the Sukuk Ijarah Holders on the date of delivery of Sukuk Ijarah Jumbo Certificate from the Company to KSEI. The Sukuk Ijarah Holders evidence of ownership of such Sukuk Ijarah shall be the Written Confirmation issued by KSEI, Securities Companies or Custodian Banks. Transfer Unit a. The Sukuk Ijarah s unit of transfer shall be Rp1 (one Rupiah) or any multiple thereof. b. One Transfer Unit shall have the right to cast 1 (one) vote in the GMSi. MINIMUM SUBSCRIPTION The Sukuk Ijarah subscription shall be made in the sum of no less than Rp5,000,000 (five million Rupiah) and/or any multiple thereof. General Terms of Fixed Ijarah Return Payment The Fixed Ijarah Returns shall be paid by the Company to the Sukuk Ijarah Holders through the Paying Agent on the Sukuk Ijarah Installment Payment Date. The Fixed Ijarah Return Payment dates shall be as follows: Fixed Ijarah Return Payment Date Fixed Ijarah Return No- A Series B Series C Series D Series 1 December 2, 2016 December 2, 2016 December 2, 2016 December 2, March 2, 2017 March 2, 2017 March 2, 2017 March 2, June 2, 2017 June 2, 2017 June 2, 2017 June 2, September 12, 2017 September 2, 2017 September 2, 2017 September 2, December 2, 2017 December 2, 2017 December 2, March 2, 2018 March 2, 2018 March 2, June 2, 2018 June 2, 2018 June 2, September 2, 2018 September 2, 2018 September 2, December 2, 2018 December 2, 2018 December 2, March 2, 2019 March 2, 2019 March 2,

7 Fixed Ijarah Return Payment Date Fixed Ijarah Return No- A Series B Series C Series D Series 11 June 2, 2019 June 2, 2019 June 2, September 2, 2019 September 2, 2019 September 2, December 2, 2019 December 2, March 2, 2020 March 2, June 2, 2020 June 2, September 2, 2020 September 2, December 2, 2020 December 2, March 2, 2021 March 2, June 2, 2021 June 2, September 2, 2021 September 2, December 2, March 2, June 2, September 2, December 2, March 2, June 2, September 2, December 2, March 2, June 2, September 2, December 2, March 2, June 2, September 2, December 2, March 2, June 2, September 2, 2026 The Fixed Ijarah Return shall be calculated based on the elapsed Calendar Days, commencing on the Issue Date, whereas 1 (one) month shall consist of 30 (thirty) Calendar Days and 1 (one) year shall consist of 360 (three hundred sixty) Calendar Days. Sukuk Ijarah Scheme 1. Based on the Ijarah Agreement with respect to the Sukuk Ijarah Public Offering entered into between the Company and Sukuk Ijarah Trustee, the Company has transferred the usufruct from a portion of network capacities used by the Company to provide closed fixed network services for a period of 370 Calendar Days, 3 (three) years, 5 (five) years, and 10 (ten) years, commencing on the date of issuance of the Sukuk Ijarah, with the transfer of Ijarah Object amounting to Rp288,000,000,000.- (two hundred eighty eight billion Rupiah) or equal to the Ijarah Principal. The type of network used by the Company to provide closed fixed network service consists of Private Leased Circuit, Carrier Ethernet, IPVPN, IP Transit and Dedicated Internet Access. In addition to governing the transfer of ijarah usufruct, the Ijarah Agreement also stipulates that the Company shall guarantee that the MIDI network which usufruct serve as the Ijarah Object is properly functioning and in good condition, guarantee the risk of damages/impairment in value of ijarah usufruct transferred, and guarantee the availability of Ijarah Object s replacement in certain conditions. 2. Furthermore, based on the Wakalah Agreement entered into between the Company and the Sukuk Ijarah Holders, the Sukuk Ijarah Holders as the Muwakkil (principal of Ijarah Object) grant special authorization to the Company as the Agent to perform the followings: a. Prepare and enter into, and extend agreement/contract with third parties as the users of the said MIDI network for the benefit of Sukuk Ijarah Holders as the principal of Ijarah Object based on the Ijarah Agreement and Sukuk Ijarah Trustee Agreement, and, if necessary, prepare amendment to agreement/contract previously signed by the Agent and the said third parties, provided that such amendment is in line with the generally accepted industry practices. b. Representing all the interests of Muwakkil with respect to the performance of agreement with third parties as the users of MIDI network, including but not limited to, invoicing, and, without prejudice to the following conditions, receiving all the 7

8 proceeds from the utilization of MIDI network from third parties; and c. Representing the interests of Muwakkil in finding the replacements of third parties to utilize the MIDI network. In addition, based on the Wakalah Agreement, the Company, in its capacity as Agent, agreed to pay the Fixed Ijarah Returns received from third parties to the Sukuk Ijarah Holders in accordance with the value and payment procedures stipulated in the Sukuk Ijarah Trustee Agreement. The authorizations stipulated in the Wakalah Agreement shall form an integral part of the Wakalah Agreement, without which the Wakalah Agreement would not be made. The authorizations stipulated in the Wakalah Agreement are irrevocable and shall not cease due to reasons that terminates the grant of authorization as stipulated in Article 1813, 1814 and 1816 of the Civil Code or due to any reasons whatsoever. It has been agreed that re-signing of the agreements/contracts that have been signed by the Company and the third parties as the users of Ijarah Object shall not be necessary. Presented below is the diagram of Sukuk Ijarah scheme referred to above: Wakalah Agreement Ijarah Agreement 2) 1) The Company as Investor s Agent Investor /Financier: The Company as lessor 6) Ijarah Principal (at maturity) 1.a) Sukuk Ijarah Funds 5) Fixed Ijarah Return (quarterly) 1.b) Sukuk 4)Payment from end customers 3)Lease to end customers Ijarah Agreement : The Company enters into Ijarah Agreement with investrors trhough Trustee as an agent of the investor to transfer the ususfruct of MIDI utilization with certain specifications, amount, and period. In this respect, the investor become the Sukuk Ijarah Holder 1.c) MIDI s usufruct Wakalah Agreement The Company and the Investor enter into the Wakalah Agreement, in this respect, the Company acts as the Investor s agent to re-transfer the ususfruct of MIDI utilization to the end customers and receive payments from the end customers MIDI MIDI User End customers Collaterals The Sukuk Ijarah are not secured by any specific collateral, but are secured by all of the Company's assets, both movable and immovable assets, whether those existing or will exist in the future, in accordance with the provisions set forth in Article 1131 and 1132 of the Civil Code of the Republic of Indonesia. The rights of the Sukuk Ijarah Holders shall rank pari passu without preference to the rights of the Company's other creditors in accordance with the prevailing laws and regulations. Taxation Descriptions concerning taxation with respect to this Sukuk Ijarah Issue are presented in Chapter VII of the Supplementary Information. Repayment of Ijarah Principal and Payment of Fixed Ijarah Return Ijarah Principal Repayment and Fixed Ijarah Return payment shall be paid by KSEI as the Paying Agent on behalf of the Company in accordance with the terms and conditions stipulated in the Paying Agent Agreement to the Sukuk Ijarah Holders through the Account Holders according to the respective Fixed Ijarah Return Payment and Ijarah Principal Repayment schedules that have been set. In the event that the date of payment falls on any day other than the Exchange Day, the payment shall be made on the next Exchange Day. 8

9 Trustee of the Sukuk Ijarah Pursuant to the Sukuk Ijarah Trustee Agreement, the Company has appointed PT Bank Rakyat Indonesia (Persero) Tbk to act as the Sukuk Ijarah Trustee with respect to this Sukuk Ijarah Public Offering, having its address at Gedung BRI II, 30 th Floor, Jl. Jend. Sudirman Kav , Jakarta Covenants, Obligations and Negligence of the Company Article 6 of the Trustee Agreement stipulates the covenants and obligations imposed to the Company with respect to the Bond Public Offering, which shall be described further in Chapter X of the Supplementary Information concerning the Description of Bonds and Sukuk Ijarah. Sukuk Ijarah Subscription Procedures The Sukuk Ijarah Subscription Procedures are available in Chapter XI of the Supplementary Information concerning Terms of Bonds and Sukuk Ijarah Subscription. Repurchase (Buyback) The Company may, from time to time, after one year from the Allotment Date, repurchase (buy back) a portion or all of the Sukuk Ijarah prior to each Sukuk Ijarah Principal Repayment Date, provided that such repurchase (buyback) may be performed if the Company is not in default by the definition of the Sukuk Ijarah Trustee Agreement and the Company shall have the right to treat such repurchase (buyback) to be held and sold in the future or as a repayment of the Ijarah Principal with due considerations to the laws and regulations. Further information concerning the repurchase (buyback) shall be described in Chapter X of the Supplementary Information concerning the Description of Bonds and Sukuk Ijarah Sukuk Ijarah Repayment Fund (Sinking Fund) The Company does not form a sinking fund for the Sukuk Ijarah based on the consideration to optimize the use of proceeds from the Sukuk Ijarah Issue in accordance with the purpose of use of proceeds from the Sukuk Ijarah Issue as disclosed in Chapter II of the Supplementary Information. Rating Result Pursuant to Regulation Number IX.C.1 Annex to the Decree of Bapepam Chairman dated October 27, 2000, Number: Kep- 42/PM/2000 concerning Guidelines on the Form and Content of Registration Statement for Public Offering, and Regulation Number: IX.C.11 Annex to the Decree of Bapepam & LK Chairman Number: Kep-712/BL/2012 dated December 26, 2012, concerning Rating of Debt Securities and/or Sukuk. Based on the rating result on long-term debt instruments set forth in Pefindo s Letter No. 1320/PEF-Dir/VIII/2016 dated August 12, 2016, Pefindo has determined the rating of the Company s Sukuk Ijarah to be: id AAAsy (Triple A Syariah) The rating shall remain valid for the period from August 12, 2016, up to August 1, Based on the rating result on long-term debt instruments set forth in Fitch s Letter No. 122/DIR/RAT/VIII/2016 dated August 9, 2016, Fitch has determined the rating of the Company s Bonds to be: AAA(idn)(Triple A) The Company is not Affiliated to Pefindo and Fitch, which acted as the rating agencies. Rights of the Sukuk Ijarah Holders 1. To receive repayment of Ijarah Principal, payment of Fixed Ijarah Return and other rights pertaining to the Sukuk Ijarah with due considerations to the provisions of Article 5 of the Sukuk Ijarah Trustee Agreement. 2. The Sukuk Ijarah Holders entitled to receive Fixed Ijarah Return Payment shall be the Sukuk Ijarah Holders whose names are registered in the Account Holders Register on the 4 th (fourth) Exchange Day prior to the Sukuk Ijarah Installment Payment 9

10 Date, unless determined otherwise by KSEI or the prevailing laws and regulations. Therefore, in the event of Sukuk Ijarah transaction subsequent to the cut-off date to determine the party entitled to receive such Sukuk Ijarah Installment, such party receiving such transfer of Sukuk Ijarah shall not be entitled to the Fixed Ijarah Return during the respective Fixed Ijarah Return payment period. 3. In the event that the Company fails to provide sufficient fund for the payment of Fixed Ijarah Return and/or repayment of Ijarah Principal after the Fixed Ijarah Return Payment Date or Ijarah Principal Repayment Date has passed, the Company shall be obligated to pay a compensation for losses arising from such negligence to pay the Ijarah Principal and/or Fixed Ijarah Return. Such compensation for losses arising from late payment by the Company shall be the rights of the Sukuk Ijarah Holders, which shall be paid by the Paying Agent to the Sukuk Ijarah Holders in proportion to the amount of Sukuk Ijarah held by such Sukuk Ijarah Holders. 4. One or more Sukuk Ijarah Holders representing a minimum of 20% (twenty percent) of the outstanding Ijarah Principal (excluding the Sukuk Ijarah owned by the Company and/or Affiliated Companies) may submit a written request to the Trustee for the GMSi to convene by stating the proposed agenda and attaching the photocopy of Written Confirmation to GMSi (KTUR) from KSEI, which is obtained from the Account Holders and by presenting the original KTUR to the Sukuk Ijarah Trustee, provided that commencing on the issuance of such KTUR, the Sukuk Ijarah shall be suspended by KSEI in the amount equals to the amount of Sukuk Ijarah stated in the KTUR. Such Sukuk Ijarah suspension shall be revoked by KSEI solely upon written approval from the Sukuk Ijarah Trustee. 5. Based on the GMSi Resolutions, the Sukuk Ijarah Holders shall have the right to perform, among others, the followings: a. Submitting notification to the Company or to the Sukuk Ijarah Trustee, or providing directions to the Sukuk Ijarah Trustee or taking other actions. b. Discharging the Sukuk Ijarah Trustee and appointing the replacement of the Sukuk Ijarah Trustee in accordance with the provisions set forth in the Sukuk Ijarah Trustee Agreement; c. Taking other actions which are authorized to be conducted by or on behalf of the Sukuk Ijarah Holders, including but not limited to, amending the Sukuk Ijarah Trustee Agreement with due considerations to the provisions stipulated in the Sukuk Ijarah Trustee Agreement and the prevailing laws and regulations. d. Making decisions with respect to the change of Fixed Ijarah Return amount, change of Fixed Ijarah Return and/or Ijarah Principal payment procedures, including the conversion of Sukuk Ijarah to the Company's equity, changes in the term of the Sukuk Ijarah and amendment to the Sukuk Ijarah Trustee Agreement with respect to such changes referred to above, whereby the Company shall be entitled to make such changes referred to above solely if the Company is in default according to the definitions set forth in Article 9 of the Sukuk Ijarah Trustee Agreement. e. Making the necessary decisions with regard to the intention of the Company or the Sukuk Ijarah Holders representing a minimum of 20% (twenty percent) of the outstanding Ijarah Principal to cancel the registration of Sukuk Ijarah at KSEI in accordance with the provisions of the Capital Market and KSEI regulations. f. Making decisions concerning events of force majeure in the event of failure to reach an agreement between the Company and the Sukuk Ijarah Trustee. g. Taking other necessary actions for the benefit of the Sukuk Ijarah Holders based on the provisions of the Sukuk Ijarah Trustee Agreement and/or the prevailing laws and regulations. h. Taking decisions with respect to Events of Defaults within the definition of Article 9 of the Sukuk Ijarah Trustee Agreement. Other rights of the Sukuk Ijarah Holders include, among others, receiving payments of Ijarah Installment Returns and/or repayment of Ijarah Principal on the Fixed Ijarah Return Payment Date and/or Ijarah Principal Repayment Date, are available at Chapter X concerning Descriptions of Bonds and Sukuk Ijarah. Terms of Shelf Registration Public Offering The Company has satisfied the criteria to conduct a Debt Securities Shelf Registration Public Offering as stipulated in OJK Regulation No. 36/POJK.04/2014, as follows: 1. The Shelf Registration Public Offering shall be conducted within a period that shall be no longer than 2 (two) years. 2. Has become an Issuer or a Public Company for a period of no less than 2 (two) years. 3. Has never experienced a Default during the last 2 (two) years prior to the filing of Registration Statement with respect to the Shelf Registration Public Offering. 4. The securities to be issued through a Shelf Registration Public Offering are debt securities which ratings are included in the top 4 (four) categories, which represents the best 4 (four) ratings and shall be categorized as investment grade based on the standards applied by Rating Agencies. 10

11 USE OF PROCEEDS FROM THE BOND AND SUKUK IJARAH SHELF REGISTRATION PUBLIC OFFERING Proceeds from the Bond Public Offering, net of issuance cost, shall be entirely used by the Company to: Repay all or a portion of (refinancing) of one or all of the Company's Rupiah denominated loans as detailed below: a) Loan from PT Bank Central Asia Tbk with total credit facility (Investment Loan) of Rp1,000,000,000,000.-, which shall be repaid in a maximum sum of Rp150,000,000,000.- b) Loan from PT Bank Negara Indonesia (Persero) Tbk with total credit facility of Rp1,200,000,000,000.-, which shall be repaid in a maximum sum of Rp700,000,000,000.- c) Loan from PT Bank BNP Paribas Indonesia with total credit facility of Rp350,000,000,000.-, which shall be repaid in a maximum sum of Rp350,000,000,000.- d) Loan from PT Sarana Multi Infrastructure ( SMI ) with total credit facility of Rp100,000,000,000.-, which shall be repaid in a maximum sum of Rp100,000,000,000.- e) Loan from PT Indonesia Infrastructure Finance ( IIF ) and SMI with total credit facility of Rp750,000,000,000.-, which shall be repaid in a maximum sum of Rp750,000,000,000.- f) Loan from the Bank of Tokyo-Mitsubishi UFJ, Ltd., with total credit facility of Rp250,000,000,000.-, which shall be repaid in a maximum sum of Rp250,000,000,000.- g) Loan from PT Bank Mizuho Indonesia with total credit facility of Rp250,000,000,000.-, which shall be repaid in a maximum sum of Rp250,000,000,000.- h) Loan from PT Bank Sumitomo Mitsui Indonesia with total credit facility of Rp550,000,000,000.-, which shall be repaid in a maximum sum of Rp550,000,000,000.- i) Loan from PT Bank CIMB Niaga Tbk with total credit facility of Rp1,000,000,000,000.-, which shall be repaid in a maximum sum of Rp72,000,000,000.- The Company does not require the approval from creditors with respect to such early repayments and the Company is not affiliated with the creditors. Proceeds from the Sukuk Ijarah Public Offering, net of issuance cost, shall be entirely used by the Company to: Pay the Utilization Right Fee (Biaya Hak Penggunaan, BPH ) of Radio Frequency Spectrum to the Government. The Utilization Right Fee of Radio Frequency Spectrum is paid in advance for a Radio Station License that is valid for one year. Whereas the validity of frequency utilization license for 850 MHz, 900 MHz, 1800 MHz and 2100 MHz cellular frequency is 10 years, which may be extended for the next 10 years. The amount of Utilization Right Fee of Radio Frequency Spectrum is set by the Government annually based on the formula stipulated in the respective Decree of Minister of Communication and Informatics. The use of proceeds from this Public Offering shall conform to the prevailing Capital Market regulations in Indonesia. 11

12 INDEBTEDNESS As of June 30, 2016, the balance of the Company s consolidated liabilities was Rp36,362,466 million. Liabilities that will mature within 3 (three) months from the issuance of the Supplementary Information amount to Rp1,000,000 million and US$21,140 thousand, which consist of: 1. AB Svensk Exportkredit ( SEK ), secured by collaterals from Exportkreditnamnden ( EKN ) Tranche B totaling US$11,071 thousand. 2. HSBC France, Coface, totaling US$7,859 thousand. 3. HSBC France, Sinosure, totaling US$2,210 thousand. 4. Syndicated revolving time loan IIF and SMI RevolvingTime Loan totaling Rp750,000 million 5. Revolving Time Loan from MIZUHO Bank, Ltd., totaling Rp250,000 million. The loans shall be repaid by the Company's operating income and the Company s financing facilities in Rupiah and US Dollar. 12

13 A. THE COMPANY'S ARTICLES OF ASSOCIATION SUPPLEMENTARY INFORMATION OF THE COMPANY Since the Shelf Registration Indosat Bond I Phase III in Year 2015 Public Offering and the Shelf Registration Indosat Sukuk Ijarah I Phase III in Year 2015 Public Offering up to the Date of issuance of this Supplementary Information, there has been no changes to the Company's Articles of Association. B. THE COMPANY'S CAPITAL STRUCTURE AND SHAREHOLDER COMPOSITION The structure and percentage of the Company s shareholder composition since the Shelf Registration Indosat Bond I Phase III in Year 2015 Public Offering and Shelf Registration Indosat Sukuk Ijarah I Phase III in Year 2015 up to the date of issuance of this Supplementary Information have been changed. Whereas the Company's capital structure as of the date of issuance of the Supplementary Information is as stated in the Company s Register of Shareholders with 5% Ownership or more as of June 30, 2016, and the Report of Share Ownership by the Board of Directors and Board of Commissioners of the Company as of June 30, 2016, issued by PT EDI Indonesia as stated below: Description Nominal Value Rp100 per share Number of Shares Total Nominal (Rp) Percentage (%) Authorized Capital : 20,000,000,000 2,000,000,000,000 - A Shares B Shares 19,999,999,999 1,999,999,999,900 - Issued and Fully Paid-up Capital A Shares The State the Republic of Indonesia B Shares: 1. Ooredoo Asia Pte Ltd 3,532,056, ,205,660, The State the Republic of Indonesia 776,624,999 77,662,499, Public (ownership below 5%) 1,125,251, ,525,190, Total Issued and Fully Paid-up Capital 5,433,933, ,393,350, Shares in Portfolio 14,566,066,500 1,456,606,650,000 - C. MANAGEMENT AND SUPERVISION As of the issuance of this Supplementary Information, the compositions of the Company's Board of Commissioners and Board of Directors are as follows: Board of Commissioners: President Commissioner : Waleed Mohamed Ebrahim Alsayed Commissioner : Ajay Bahri Commissioner : Hans Anthony Kuropatwa Commissioner : Chris Kanter Commissioner : Astera Primanto Bhakti Commissioner : Edy Sudarmanto Commissioner : Ian Charles Dench Independent Commissioner : Richard Farnsworth Seney Independent Commissioner : Elisa Lumbantoruan Independent Commissioner : Wijayanto Samirin Board of Directors: President Director & Chief Executive Officer : Alexander Rusli Director & Chief Financial Officer : Caba Pinter Director & Chief of Wholesale and Enterprise Officer : Herfini Haryono Independent Director & Chief Sales and Distribution Officer : Joy Wahjudi Director & Chief Technology Officer : John Martin Thompson 13

14 INTERNAL AUDIT As of the issuance of this Supplementary Information, the Company's Internal Audit Head has made changes to the composition of the Company's internal audit team as follows: Head of Internal Audit : Hanna Sitorus Member : Henriko Samosir, as Division Head Network Audit Venerdi Faizal. F. W., as Division Head Information Technology Audit Benny Roy Parluhutan Napitupulu, as Division Head Commercial Audit Suryani, as Division Head Finance & Supply Chain Audit Florensius Benny, as Division Head Quality Assurance Audit Imanastu Wicaksono, as Division Head Compliance Audit Chandra Aprely Putra, as Division Head Technology & Data Analytics Fredweri, as Audit Project Expert AUDIT COMMITTEE As of the issuance of this Supplementary Information, the composition of the Company's audit committee is as follows: Chairman : Richard Farnsworth Seney Member : Wijayanto Samirin Member : Kanaka Puradiredja RISK MANAGEMENT COMMITTEE As of the issuance of this Supplementary Information, the composition of the Company's Risk Management Committee is as follows: Chairman : Ajay Bahri Member : Ian Charles Dench Member : Elisa Lumbantoruan Member : Chris Kanter Member : Edy Sudarmanto NOMINATION AND REMUNERATION COMMITTEE As of the issuance of this Supplementary Information, the composition of the Company s Remuneration Committee, which also acts as the Nomination Committee, is as follows: Chairman : Elisa Lumbantoruan Member : Astera Primanto Bhakti Member : Ian Charles Dench Member : Hans Anthony Kuropatwa CORPORATE SECRETARY The Company has appointed Trisula Dewantara as the Corporate Secretary, who shall undertake the function as a liaison between the Company and the OJK, the Indonesia Stock Exchange (IDX), KSEI, and other capital market supporting institutions as well as the public. 14