CASH DIVIDEND DISTRIBUTION TO SHAREHOLDERS OF PT INDONESIA KENDARAAN TERMINAL Tbk

ANNOUNCEMENT
CASH DIVIDEND DISTRIBUTION TO SHAREHOLDERS
PT INDONESIA KENDARAAN TERMINAL Tbk

In accordance with the resolution of the Annual General Meeting of Shareholders (AGMS) for the 2024 Fiscal Year held on June 17, 2025, at the Indonesian Maritime Museum, Tanjung Priok, North Jakarta, it has been approved that the Company will distribute cash dividends to its Shareholders amounting to 80% (eighty percent) of the Company’s Net Profit for the 2024 Fiscal Year, which totals Rp169.772.981.599,00 (one hundred sixty-nine billion seven hundred seventy-two million nine hundred eighty-one thousand five hundred ninety-nine Rupiah), to be distributed proportionally according to each shareholder’s ownership.

Of that amount, Rp44.407.321.204,65 (forty-four billion four hundred seven million three hundred twenty-one thousand two hundred four point six five Rupiah) or Rp24,4213 (twenty-four Rupiah four thousand two hundred and thirteen cents) per share has already been distributed as an interim dividend. The remaining amount, which will be distributed as a final dividend, is Rp125.365.660.394,10 (one hundred twenty-five billion three hundred sixty-five million six hundred sixty thousand three hundred ninety-four point ten Rupiah) or Rp68,9434 (sixty-eight Rupiah nine thousand four hundred and thirty four cents) per share, resulting in a total dividend per share of Rp93.3647 (ninety-three Rupiah three thousand six hundred and forty seven cents).

In relation to the above, the Company hereby announces the Schedule and Procedure for the Cash Dividend Distribution for the 2024 Fiscal Year as follows:

The Cash Dividend Distribution Schedule:
1. 17 June 2025 : AGMS Implementation Date;
2. 19 June 2025 : The report on the results of the AGMS is accompanied by a summary of the minutes of the AGMS on the Indonesia Stock Exchange website and the Company's website;
3. 19 June 2025 : Announcement of the schedule and mechanism for the distribution of final cash dividend on IDX’s website and the Company’s website;
4. 25 June 2025 : End of Cum Dividend Trading Period in Regular Market and Negotiated Market;
5. 26 June 2025 : Start of Ex Dividend Trading Period in Regular Market and Negotiated Market;
6. 30 June 2025 : The date for recording the shareholders who are entitled to final cash dividend (“Recording Date”);
7. 30 June 2025 : Cum Dividend in Cash Market
8. 1 July 2025 : Ex Dividend in Cash Market
9. 17 July 2025 : Payment of final cash dividend


Distribution Mechanism for Final Cash Dividend

Interim Dividends will be distributed to the Company's shareholders whose names are registered in the Register of Shareholders or recording date on December 6, 2024 and/or owners of company shares in securities accounts at PT Kustodian Sentral Efek Indonesia ("KSEI") at closing Indonesian Stock Exchange trading date December 6, 2024 at 4PM.

  1. This announcement shall serve as the official announcement from the Company and the Company will not issue any separate announcement to the shareholders.
  2. The final cash dividend will be distributed to the shareholders listed in the Company’s List of Shareholders on the Record Date (Jun 30, 2024) until 16.00 WIB.
  3. The shareholders whose shares are recorded in the collective custody of Kustodian Sentral Efek Indonesia (“KSEI”) will receive the final cash dividend through the holders of the accounts at KSEI. The written confirmation on distributed final cash dividend will be submitted by KSEI to the securities firms and/or custodian banks, and the shareholders will subsequently receive the information on the matter from the respective securities firm and/or custodian bank of their account.
  4. The distribution of the final cash dividend will be deducted by the Company's Income Tax (PPh) in accordance with the applicable Tax Regulations.
  5. The provisions of income tax deduction on the distribution of the final cash dividend to foreign shareholders (foreign tax payers) are:
    a. The income tax deduction for the shareholders domiciled in the countries with no tax treaty with the government of Indonesia shall refer to Article 26 of Income Tax Law, in
    which the withholding tax rate is 20% (twenty percent) of gross amount.
    b. For shareholders of the Company who are domiciled in countries that have signed a Tax Treaty with the Government of Indonesia, the provisions as regulated in the relevant Tax Treaty shall apply, namely generally imposing lower tax withholding rates. However, to take advantage of the P3B facility, the shareholders of the Company concerned must
    comply with the requirements of the Director General of Taxes Regulation No. PER25/PJ/2018 concerning Procedures for Application of Double Taxation Avoidance Agreement by submitting a document of record evidence or receipt of DGT/SKD that has been uploaded to the Directorate General of Taxes website to KSEI or the Securities Administration Bureau of in accordance with KSEI's rules and regulations . Without this document, the dividend paid will be subject to Article 26 Income Tax of 20% (twenty percent).
  6. The slips of the tax withheld from the payment of final cash dividend for both the shareholders recorded at KSEI collective custody (scripless) can be obtained from the Company’s Bureau of Securities Administration.


Jakarta, 19 June 2025
PT INDONESIA KENDARAAN TERMINAL Tbk
Board of Director