transaction. The transaction size of Carnival Magic Project, calculated according to the notification of the Capital Market Supervisory Board No. Torjor. 20/2551 Re: Acquisition or Disposition of Assets and the
statements of the Company for the 6-month period as of 31 December 2018 has the details as follows. (1) Net Tangible Asset Criteria Cannot be calculated due to this is the transaction of the disposal of
2016. 3.2 Financial information used for calculations Remark: Intangible asset 1 is the right under the power purchase agreement, so it will not be calculated for NTA. 3.3 Category and Size of
selling price below 90% of the market price. In this regard, the market price and the selling price shall be calculated in accordance with the Notification of the Office of the Securities and Exchange
2017 ( the maximum transaction value is calculated listed) In this regards, all the listed are more than 15 percent but less than 50 percent of the Company total assets (31th December 2017). So, the
disposal of this assets transaction of the Company calculated based on the total value of consideration paid criteria, which gives the highest value, is equivalent to 0.39 percent of the Company’s total
53.5% 65.2% Return on Equity 19.8% 22.2% Debt/Equity Ratio 0.70x 0.66x Net Interest-bearing Debt/Equity Ratio 0.58x 0.57x 1 Net profit margin is calculated by dividing the Net Profit attributable to
conversion. 4 The percentage of the voting rights of securities shall be calculated based on the total number of voting rights of the business. 5 Including securities which the reporting person deposits with
percentage of the voting rights of securities shall be calculated based on the total number of voting rights of the business. 5 Including securities which the reporting person deposits with other person(s) or