Announcement on behalf of PT KGI Sekuritas Indonesia a penalty imposed by Indonesia Financial Services Authority

2026-03-03
Announcements

1.Date of occurrence of the event:2026/03/02
2.The subject of the incident:report on behalf of subsidiaries:PT KGI Sekuritas Indonesia (KGIID)
3.Cause of occurrence (Explanation of the event):It was alleged that KGIID violated relevant provisions of the laws and regulations of Indonesia while handling the subscription of an IPO case, and was subject to administrative sanctions by Indonesia Financial Services Authority (OJK)
4.Handling procedure:KGIID will implement necessary improvement measures
5.Status of the injunction by the respective competent authority:Administrative monetary fine and a one-year suspension of underwriting business
6.Whether being fined or penalized:Yes
7.Administrative fines(amount):NTD 0 元;
IDR 3,400,000,000 元
8.Anticipated possible loss or impact:IDR 3,400,000,000
9.Amount of insurance claims that might be obtained(amount):Not available
10.Improvement status and future countermeasures:KGIID will strengthen relevant procedures and implement improvements
according to the requirement of the competent authority
11.Whether material information regarding the same event has been previously released:None
12.Any other matters that need to be specified:The penalty amounts to approximately NTD 6.34 million, with the exchange rate
based on IDR to NTD at 0.001865 as of 26 February 2026. Furthermore, KGIID's President Director was also subjected to administrative sanctions, including a fine of IDR650,000,000 and a prohibition from conducting activities in the capital market for 18 months.