Acquisition | SMARTFREN TELECOM TBK PT | 18th April 2025

On December 11, 2024 SMARTFREN TELECOM TBK PT announced the merger with XL AXIATA TBK PT for 0.011 New XL AXIATA TBK PT shares per share held. SMARTFREN TELECOM TBK PT shareholders approved the merger at a meeting held on March 25, 2025. The last day of trading for SMARTFREN TELECOM TBK PT was on April 14, 2025. In the absence of an active market, the last close price will reflect the Deal Terms of the transaction.

The treatment below will be applied to the following indices:

• SMARTFREN TELECOM TBK PT will be removed from the Index.
• The shares of XL AXIATA TBK PT (EXCL.JK) will be increased according to the stock terms of the transaction.
• Effective Date (open): 18/04/2025

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