PT Chandra Asri Pacific Tbk : Chandra Asri Group Announces Shareholding Rebalancing with Increased Free Float to 25.7%, Reinforcing Commitment to Capital Market Value Enhancement and Long-Term Growth Strategy

About this update from Pt Charoen Pokphand Indonesia Tbk

PRESS RELEASE Chandra Asri Group Announces Shareholding Rebalancing with Increased Free Float to 25.7%, Reinforcing Commitment to Capital Market Value Enhancement and Long-Term Growth Strategy Jakarta, 8 June 2026 - PT Chandra Asri Pacific Tbk (Chandra Asri Group) (IDX:TPIA) announced a shareholding rebalancing transaction by one of its long-term shareholders, SCG Chemicals Public Company Limited (SCGC). The transaction forms part of SCGC's capital allocation strategy, including deleveraging efforts and the reallocation of capital toward its core growth initiatives. Following the transaction, SCGC continues to hold approximately 15.71% of Chandra Asri Group's shares and remains one of the Company's key long-term shareholders. As a result of the transaction, Chandra Asri Group's public float has increased to approximately 25.7%, enhancing market liquidity and broadening access for a wider range of domestic and international investors. The increased free float not only supports compliance with Indonesia's evolving capital market regulations but also strengthens the Company's attractiveness to investors and supports long-term value creation. President Director & CEO Chandra Asri Group, Erwin Ciputra said, "SCGC has been a valued long-term shareholder and strategic partner of Chandra Asri Group. While this transaction reflects SCGC's capital allocation priorities, it does not change the Company's strategic direction, governance, or commitment to delivering sustainable long-term growth. We remain focused on executing our rejuvenation and transition plans as we continue to strengthen our energy, chemicals, and infrastructure portfolio across Southeast Asia." The transaction does not result in any material change to Chandra Asri Group's ownership control, governance structure, management, or business operations. Following the transaction, Chandra Asri Group's three key long-term shareholders-PT Barito Pacific Tbk, SCGC, and Thai Oil Public Company Limited-collectively retain approximately 74.3% ownership in the Company, demonstrating their continued commitment and confidence in Chandra Asri Group's long-term prospects. Chandra Asri Group continues to pursue strategic growth opportunities while maintaining operational excellence, disciplined capital allocation, and strong corporate governance to create sustainable value for all stakeholders. *** About Chandra Asri Group Chandra Asri Group is a leading provider of energy, chemicals, and infrastructure solutions in Southeast Asia, supplying products and services to various manufacturing industries in both domestic and international markets. Since its establishment in 1992, Chandra Asri Group has continuously grown and strengthened its reputation as a reliable growth partner with strategic assets across Indonesia and Singapore. The Company's asset portfolio includes a refinery with a capacity of 237,000 barrels per day and an ethylene cracker unit with a capacity of 1.1 million metric tons in Pulau Bukom, 2.5 million metric tons of downstream chemical assets in Pulau Jurong, ~60 Esso retail fuel stations in Singapore, and Indonesia's first naphtha cracker in Cilegon with an ethylene production capacity of 0.9 million metric tons per year. The Company's business operations are supported by core infrastructure assets covering energy, water, port and storage, and logistics. For more information, please visit https://www.chandra-asri.com . For further information, please contact: Chandra Asri Group Chrysanthi Tarigan Head of Corporate Communications Telp: 021-530 7950 Email: [email protected]

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