Public Offering Prospectus

In 2024, the Company entered a new chapter by conducting an Initial Public Offering and becoming a public company by listing some of its shares on the Indonesian Stock Exchange. stock exchange in Indonesia with code (NAIK) on November 13, 2024. The Company’s head office is located at Mutiara Taman Palem Office No. 53, Jl. Outer Ring Road Cengkareng, West Jakarta. Initial public offering of 750,000,000 shares with a par value of Rp20,- per share. Offering price of Rp107,- per share.

The Company hereby conducts a Public Offering of 750,000,000 (seven hundred fifty million) Registered Ordinary Shares or 23.08% (twenty three point zero eight percent) of the issued and fully paid-up capital after the Public Offering with a nominal value of Rp20,- (twenty Rupiah) per Share. All shares are offered to the Public at an Offering Price of Rp107,- (one hundred and seven Rupiah) per share. The total value of this Initial Public Offering is Rp80,250,000,000,- (eighty billion two hundred and fifty million Rupiah).

In conjunction with the Initial Public Offering, the Company also issued 375,000,000 (three hundred seventy-five million) Series I Warrants or 15.00% (fifteen percent) of the total number of shares issued and fully paid at the time the registration statement for this Initial Public Offering was submitted. Series I Warrants were provided free of charge as an incentive to holders of Offered Shares on the Allotment Date. Each holder of 2 (two) Offered Shares is entitled to obtain 1 (one) Series I Warrant, where each 1 (one) Series I Warrant entitles the holder to purchase 1 (one) share of the Company issued from the portfolio at an exercise price of Rp135,- (one hundred and thirty five Rupiah) per Series I Warrant. Series I Warrants can be exercised into Company shares after 6 (six) months from their issuance and up to the next 12 (twelve) months, namely from May 14, 2025 to May 13, 2026. Holders of Series I Warrants do not have rights as shareholders including dividend rights as long as the Series I Warrants have not been exercised into shares. If the Series I Warrants are not exercised until their expiration date, the Series I Warrants will expire, be worthless, and invalid. The term of the Series I Warrants cannot be extended. The value of the proceeds from the exercise of Series I Warrants is a maximum of IDR 50,625,000,000 (fifty billion six hundred twenty five million Rupiah).

The shares offered in this Initial Public Offering are all new shares issued from the Company’s portfolio, which will provide the holders with the same and equal rights in all respects with the Company’s shares that have been issued and fully paid, including the right to dividend distribution, the right to vote in the GMS, the right to bonus share distribution and Pre-emptive Rights (HMETD) in accordance with Law No. 40 of 2007 dated August 16, 2007 concerning Limited Liability Companies (UUPT).

The following is the Public Offering Prospectus of PT Adiwarna Anugerah Abadi Tbk.

Publication of NAIK Prospectus