Telkom Indonesia SEC Filings

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk filed a Form 6-K to report changes in the composition of its Audit Committee, as required under Indonesian Financial Services Authority Regulation No.55/POJK.04/2015 on the establishment and guidelines for audit committees.

Based on a Board of Commissioners decision dated December 23, 2025, the Audit Committee now consists of Mr. Deswandhy Agusman as Chairman/Member (Independent Commissioner) and four members: Ms. Ira Noviarti (Independent Commissioner), Ms. Rofikoh Rokhim (Independent Commissioner), Mr. Achmad Taufik (Secretary of the committee/Fraud & Investigation Expert), and Mr. Irhoan Tanudiredja (Financial Expert/Independent Member). The filing formally notifies regulators of this updated governance structure.

PT Telkom Indonesia (Persero) Tbk signed a decree to separate part of its wholesale fiber connectivity business and related assets into its subsidiary PT Telkom Infrastruktur Indonesia (TIF). This step is Phase 1 of a broader plan to transfer the entire wholesale fiber connectivity business and assets to TIF and follows approval at an extraordinary general meeting of shareholders on December 12, 2025.

Once the separation and related capital increase take effect, which is expected on January 1, 2026 after completion of required approvals, Telkom's effective ownership in TIF will rise from 99.999995% to 99.9999997%. PT Multimedia Nusantara's stake in TIF will fall from 0.000005% to 0.0000003%, and TIF will remain a controlled company within the Telkom group.

PT Telkom Indonesia (Persero) Tbk reports the result of a shareholder share buyback right connected to its 2025 extraordinary general meeting. Under Article 62 of Indonesian company law, shareholders who voted against the agenda to approve a partial separation of the wholesale fiber connectivity business and assets (Phase-1) into 99.99%-owned subsidiary PT Telkom Infrastruktur Indonesia could request the company to repurchase their shares.

The company states that the deadline for submitting statements of intent to sell, on December 16, 2025 at 17:00 Western Indonesia Time, passed with no shareholders submitting such statements. It considers that this outcome will not have any material adverse impact on its business continuity.

PT Telkom Indonesia (Persero) Tbk held an Extraordinary General Meeting of Shareholders on December 12, 2025, attended by holders of 86.4698563% of voting shares.

Shareholders approved a partial spin-off of the wholesale fiber connectivity business and assets (Phase-1) to subsidiary PT Telkom Infrastruktur Indonesia and the related increase in capital participation, to become effective after all regulatory requirements are met.

The meeting also approved amendments to the Articles of Association to align with new state-owned enterprise laws, delegated approval of the 2026 work plan and budget to the Board of Commissioners subject to majority Series B shareholder consent, and endorsed a government special assignment for Temporary National Data Center (PDNS) services.

Finally, shareholders approved management changes, replacing the Director of Wholesale & International Service and an Independent Commissioner, and confirming a new composition of the Board of Directors and Board of Commissioners.

PT Telkom Indonesia (Persero) Tbk plans to buy back shares to comply with Indonesian company law after some shareholders opposed a partial spin-off of its wholesale fiber connectivity business and assets to subsidiary PT Telkom Infrastruktur Indonesia.

The buyback right applies to public shareholders who were on the register on November 19, 2025, attended the EGMS, voted against the first agenda, and submit a Statement of Sale of Shares Form. The company will purchase shares at Rp3,090 per share, based on the 90-day average closing price on the Indonesia Stock Exchange before the October 21, 2025 spin-off disclosure. The process runs through December 16, 2025, with payment to be made via KSEI after ratification of the spin-off deed, and total repurchases are limited so they do not exceed 10% of issued capital. The company states it does not expect material negative impacts on its business.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk plans a partial spin-off of its Wholesale Fiber Connectivity business and related assets to its 99.9%-owned subsidiary PT Telkom Infrastruktur Indonesia (TIF), based on an independent valuation of Rp35,787,258,000,000, equal to 22,02% of its equity as of 31 December 2024. The spin-off will be executed via a Deed of Spin-Off, increasing Telkom’s ownership in TIF to 99.9999997% through the issuance of new TIF shares.

The transaction is classified as a Material Transaction containing an Affiliated Transaction under Indonesian OJK rules, but, because TIF is more than 99% owned, it does not require an appraiser or separate shareholder approval under those regulations. Telkom will nevertheless seek shareholder consent at a General Meeting of Shareholders scheduled for 12 December 2025.

On a consolidated basis, Telkom’s pro forma 2024 assets, liabilities, equity, revenue, profit, and key financial ratios remain unchanged after the spin-off, while TIF’s standalone balance sheet will show higher assets, liabilities, and equity as it assumes the fiber business.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk plans a partial spin-off of its Wholesale Fiber Connectivity business and related assets to its controlled subsidiary PT Telkom Infrastruktur Indonesia (TIF), which is almost fully owned by the company. The transferred business includes wholesale Metro-Ethernet, SL-WDM, access network, global link, and IP transit products, along with associated customers, assets, and liabilities.

The spin-off value is based on an independent appraisal of Rp35,787,258,000,000 and is classified as a material affiliated transaction under Indonesian capital market rules, though no conflict of interest is identified. Legally it is a partial spin-off, so Telkom will continue to exist, while TIF’s capital and Telkom’s ownership in TIF will significantly increase.

Management expects the restructuring to sharpen focus on digital infrastructure, improve asset efficiency, and support Indonesia’s connectivity agenda. Pro forma figures show no change to Telkom’s consolidated assets, equity, or profit metrics because TIF remains a controlled subsidiary. Shareholder approval will be sought at a General Meeting scheduled for 12 December 2025.

PT Telekomunikasi Indonesia Tbk reports a change in the composition of its Audit Committee, as disclosed to the Indonesian Financial Services Authority and furnished on Form 6-K. The Board of Commissioners decided on December 1, 2025 to replace Mr. Edy Sihotang as Audit Committee member and financial expert with Mr. Irhoan Tanudiredja, who will now serve as the Audit Committee’s financial expert and independent member.

This change is made in order to comply with Indonesian Financial Services Authority Regulation No.55/POJK.04/2015 on the establishment and guidelines for audit committees. The letter is signed by Jati Widagdo, SVP Corporate Secretary, confirming the board-level decision and the updated Audit Committee composition.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk plans a partial spin-off of its Wholesale Fiber Connectivity Business and Assets to its controlled subsidiary PT Telkom Infrastruktur Indonesia (TIF). The carved-out business, covering wholesale Metro-Ethernet, SL-WDM, Access Network, Global Link and IP Transit (including certain customers, assets and liabilities), has an agreed valuation of Rp35,787,258,000,000, equal to 22,02% of the Company’s equity as of 31 December 2024.

The spin-off will be executed under a Conditional Spin-Off Agreement and implemented as Phase 1 of a broader fiber separation roadmap, with Phase 1 targeted for December 2025 and later phases prepared for 2026. In return for the transferred business, TIF will issue new shares to Telkom, increasing Telkom’s ownership in TIF to 99,9999997%, while consolidated financial position and key ratios for Telkom remain unchanged. Shareholder approval will be sought at a General Meeting of Shareholders scheduled for 12 December 2025, following completion of creditor objection procedures and required Indonesian corporate and capital market regulatory steps.