CONFIDENT OF GROWTH, PRESIDENT DIRECTOR SUGENG MULYADI AND DIRECTOR OF OPERATIONS & ENGINEERING BAGUS DWIPOYONO BUY IPCC SHARES

Jakarta, 21st December 2023. President Director of PT Indonesia Kendaraan Terminal Tbk (IPCC) Sugeng Mulyadi purchased 354,000 shares of the Company with an average purchase price of Rp707.68 per share which spent Rp250.5 million.

"The purpose of purchasing these shares is for personal investment with direct ownership," said Sugeng.
After the purchase, Sugeng Mulyadi's share ownership became 354,000 shares or equivalent to 0.0194678 percent.

PT Indonesia Kendaraan Terminal Tbk has recorded operating revenue of IDR 548.16 billion until September 30, 2023, where there was an increase in operating income previously of IDR 508.33 billion in the same period in 2022.

Bagus Dwipoyono's Director of Operations and Engineering also purchased 200,000 shares with an average purchase price of IDR 715 per share which cost IDR 143 million. Bagus Dwipoyono's share ownership becomes 200,000 shares or equivalent to 0.0109988 percent.

In line with the President Director, "the purpose of purchasing these shares is for personal investment with direct ownership," said Bagus.

This action confirms that Management has confidence in the Company's future performance prospects will continue to grow positively.