PT Telekomunikasi Indonesia Tbk Share Buyback Plan

PT Telekomunikasi Indonesia (Persero) Tbk ("Company") announced its plan to buy back up to Rp1,000,000,000,000.00 (one trillion Rupiah) of its shares and ADRs. This buyback is intended to strengthen confidence in the Company's long-term value and prospects, maintain harmony between market conditions and fundamentals, and preserve stakeholder trust for sustainable growth. The buyback will be conducted in compliance with Indonesian Financial Services Authority (OJK) Regulation No. 29 of 2023 and relevant US SEC regulations. The buyback period is set for 12 months from the General Meeting of Shareholders (GMS) approval date, estimated to be between June 9, 2026, and June 8, 2027. The total number of shares repurchased will not exceed 10% of the Company's issued and paid-up capital, ensuring the free float remains above 15%. The Company anticipates no material adverse effect on its business activities or revenue, as the buyback will be financed through internal cash. This will result in a decrease in assets and equity by up to Rp1,000,000,000,000.00. Proforma analysis indicates no significant changes to the Company's financial indicators. Share prices for the buyback will adhere to regulatory limits, with transactions potentially occurring on or off the stock exchange.