PERUSAHAAN PERSEROAN PERSERO PT TELEKOMUNIKASI INDONESIA TBK SEC Filings

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk is calling an Extraordinary General Meeting of Shareholders in 2025. The meeting will be held online via the eASY.KSEI electronic system on Friday, December 12, 2025, starting at 14.00 WIB.

Key agendas include seeking shareholder approval for a partial spin-off of a portion of the Wholesale Fiber Connectivity business and assets (Phase-1) to PT Telkom Infrastruktur Indonesia, a subsidiary that is 99.99% owned by the company. Shareholders will also be asked to approve amendments to the Articles of Association and to delegate authority for approving the company’s 2026 RKAP (annual work plan and budget) to the Board of Commissioners.

Another agenda item seeks approval for a special assignment from the Central Government related to supporting government digital services and protecting government data through the Temporary National Data Center during the transition toward full operation of the National Data Center.

PT Telekomunikasi Indonesia (TLK) filed unaudited 9M25 results. Revenue was Rp109,617 billion versus Rp112,219 billion in 9M24, reflecting softer top-line performance. Operating profit reached Rp29,173 billion compared with Rp32,450 billion. Profit for the period was Rp20,595 billion versus Rp23,021 billion. Basic earnings per share were Rp159.33 versus Rp178.42, and profit per ADS (100 Series B shares per ADS) was Rp15,933.42 versus Rp17,842.32.

Cash from operating activities rose to Rp49,605 billion from Rp45,955 billion, while investing cash outflows were Rp18,550 billion and financing cash outflows were Rp33,713 billion, including cash dividends of Rp21,047 billion to shareholders and Rp7,359 billion to non‑controlling interests. Cash and cash equivalents ended at Rp31,554 billion (Rp24,540 billion in 9M24). Total assets were Rp291,897 billion and total equity Rp155,012 billion as of September 30, 2025. The company also executed a share buyback of 1,750,000 shares for Rp5 billion.

Telkom Indonesia (TLK) announced a partial spin-off of its Wholesale Fiber Connectivity business and related assets to its controlled subsidiary, PT Telkom Infrastruktur Indonesia (TIF). The assets are valued at Rp35,787,258,000,000, representing 22.02% of Telkom’s equity as of December 31, 2024. TIF will issue new shares to Telkom, raising Telkom’s ownership in TIF to 99.9999997% after effectiveness.

The carve-out covers wholesale Metro-Ethernet, SL‑WDM, Access Network, Global Link, and IP Transit, including certain customers and associated liabilities. Telkom states services will continue without disruption or added costs during integration. Pro forma, Telkom’s consolidated totals remain unchanged, while TIF’s assets increase to Rp51,898 billion with equity at Rp37,619 billion.

Creditors may object in writing until November 4, 2025 (5 PM WIB). A General Meeting of Shareholders to approve the spin-off is scheduled for December 12, 2025, with the record date on November 19, 2025. The Deed of Spin‑Off signing is slated for December 18, 2025.

PT Telkom Indonesia (Persero) Tbk will hold its Extraordinary General Meeting of Shareholders (EGMS) on December 12, 2025 at 14:00 Western Indonesia Time, conducted electronically via eASY.KSEI (https://easy.ksei.co.id).

Shareholders entitled to attend are those recorded on the register as of November 19, 2025 at 16:15 WIB. The EGMS notice will be published on November 20, 2025 on the e-RUPS provider site, the Indonesia Stock Exchange and Financial Services Authority portals, and the Company’s website. Electronic proxies through eASY.KSEI are available from the notice date until one day before the meeting.

Agenda proposals may be submitted by the Series A Dwiwarna shareholder or holders representing at least 1/20 of issued shares with voting rights, in writing to the Board of Directors by November 13, 2025, with reasons and materials, and in line with laws and the Articles of Association.

PT Telkom Indonesia (TLK) signed a Conditional Spin-Off Agreement with its subsidiary PT Telkom Infrastruktur Indonesia (TIF) on October 20, 2025. The agreement covers a partial spin-off of Telkom’s Wholesale Fiber Connectivity business and related assets valued at IDR 35,787,258,000,000.

The spin-off is intended to focus business development, create added value, increase efficiency, and optimize fiber asset utilization, strengthening Telkom’s role as a national connectivity infrastructure provider. It also aligns with Indonesia’s goals to accelerate digital equality, expand fixed broadband penetration, and ensure reliable, high‑quality connectivity nationwide.

After completion, Telkom’s shareholding in TIF will be 99.9999997%. The company states the transaction has no significant impact on its financial condition because TIF is already a consolidated subsidiary. The transaction is classified as both a material transaction and an affiliated party transaction under OJK regulations, with no conflicts of interest as referred to in POJK 42/2020. Telkom will fulfill all related regulatory obligations and will publish a summary of the spin‑off plan.

PT Telekomunikasi Indonesia Tbk filed a Form 6-K to report a change in the composition of its Audit Committee, in line with Indonesian Financial Services Authority Regulation No.55/POJK.04/2015 on audit committee establishment and guidelines. The company states that the Audit Committee is now chaired by Deswandhy Agusman, who serves as an Independent Commissioner.

The Audit Committee members are listed as Yohanes Surya (Independent Commissioner), Ira Noviarti (Independent Commissioner), Edy Sihotang (Financial Expert/Independent Member), and Achmad Taufik (Secretary of the committee / Fraud & Investigation Expert). This update focuses on governance and oversight structure rather than financial performance or transactions.

PT Telekomunikasi Indonesia Tbk (TLK) convened an Extraordinary General Meeting of Shareholders for 2025 to ratify changes in senior management and the boards. The meeting ratified the honorable dismissal of Mr. Henry Christiadi from his role as Director of Human Capital Management, effective September 5, 2025, with thanks for his service. The filing records additional honorable dismissals and appointments to the Company’s management and states that the terms of newly appointed Board of Directors and Board of Commissioners will follow the Company’s Articles of Association and applicable capital market laws, subject to shareholder removal rights. The filing also requires any newly appointed directors or commissioners holding positions that are legally prohibited to be resigned or dismissed from those conflicting roles. Finally, the meeting authorized the Board of Directors to execute the resolutions in a notarial deed and make any adjustments required by authorities to implement the decisions.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk filed a Form 6-K to notify shareholders of a change in the time of its Extraordinary General Meeting of Shareholders. The meeting will still be held on Tuesday, September 16, 2025, via the eASY.KSEI electronic system provided by PT Kustodian Sentral Efek Indonesia.

The only change is the start time, which moves from 11.00 WIB to 15.00 WIB (Western Indonesia Time Zone). The agenda and code of conduct remain as stated in the revised invitation published on September 4, 2025, on the Indonesia Stock Exchange and Kustodian Sentral Efek Indonesia websites.

PT Telkom Indonesia (Persero) Tbk reports that its Director of Human Capital Management, Mr. Henry Christiadi, has submitted his resignation letter dated 5 September 2025. The company states that this resignation has no material impact on the continuity of its business and operations. Telkom Indonesia indicates it will take the necessary measures related to this resignation in accordance with applicable regulations.