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The Joint Lead Underwriters, Underwriters and Selling Agents accepting the submission of FPPS shall return to the subscribers, the copy or photocopy of the 5th fifth page of the FPPS that has been
signed original signature as Receipt of Share Subscription. Such Receipt of Share subscription is not a guarantee that the share subscription shall be fulfilled. The Receipt shall be safely kept to be
submitted upon refund of subscription fund andor upon receipt of the Allotment Confirmation Form for the share subscriptions. For special share subscriptions, the Receipt of Share Subscription shall be
provided directly by the Company.
12. Share Allotment
The allotment shall be performed by the Joint Lead Underwriters as the Allotment Manager, using a combined system of Pooling Allotment and Fixed Allotment in accordance with the Regulation No.
IX.A.7 and other prevailing laws and regulations, including the Capital Market regulations.
To maintain the liquidity of its shares, the Company has determined the allotment system to be implemented, i.e. Fixed Allotment and Pooling Allotment, where the fixed allotment is limited up to a
maximum of 98.0 of the total shares offered and the remaining 2.0 shall be based on Pooling Allotment.
i Fixed Allotment
Fixed allotment is limited to 98.0 of the total Offered Shares, that shall be allocated to, but not limited to, Pension Funds, Insurance, Mutual Funds, Foundations, other types of Institutions,
Individuals, both domestic or international. The fixed allotment portion has included total shares in the ESA program totaling 1.0 of the total Offered Shares to the public in this Initial Public
Offering.
Fixed allotment in the Initial Public Offering shall be performed solely if the following requirements are satisfied:
1. The Allotment Manager shall determine the percentage and the parties entitled to the fixed allotment in the Initial Public Offering. The determination of Fixed Allotment percentage shall
consider the interests of individual subscribers; 2. The total Fixed Allotment referred to in point 1 has included the allocation for the Company’s
employees submitting subscriptions in the Initial Public Offering if any, in a maximum sum of 1.0 of the total shares offered in the Initial Public Offering; and
3. Fixed Allotment may not be granted to: a. Directors, Commissioners, employees, or Parties holding 20.0 or more of the shares in a
Securities Company acting as Underwriter or Selling Agent with respect to the Initial Public Offering;
b. The Company’s Directors, Commissioners andor majority shareholders; or c. Affiliates of the Parties referred to in point a and b, which are not the Parties that subscribe
shares on behalf of third parties.
ii Pooling Allotment
Pooling allotment is limited up to 2.0 of the total Offered Shares. In the event that the total shares subscribed exceeds the number of Offered Shares, the Allotment
Manager shall perform the following allotment procedures for the remaining Securities subsequent to the Fixed Allotment:
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1. If, upon exclusion of the Securities subscribers referred to in Regulation No. IX.A.7 and there are remaining shares which total is equal or higher than the amount subscribed, then:
a the subscribers who are not excluded shall receive all the subscribed shares; and
b In the event that the subscribers who are not excluded have received full allotment and
there are remaining shares available, such remaining shares shall be distributed proportionally to the subscribers, who are:
a. Directors, Commissioners, employees, or Parties holding 20.0 or more of the shares
in a Securities Company acting as Underwriter or Selling Agent with respect to the Initial Public Offering;
b. The Company’s Directors, Commissioners andor majority shareholders; or
c. Affiliates of the Parties referred to in point a and b, which are not the Parties that
subscribe shares on behalf of third parties. according to the amount subscribed by the subscribers.
2. If, upon exclusion of the Securities subscribers referred to in Regulation No. IX.A.7 and there are remaining shares which total is lower the amount subscribed, then the allotment for subscribers
who are not excluded shall follow the following requirements: a
In the event that such shares will not be listed on the IDX, such shares shall be allocated proportionally in accordance with the amount subscribed by the subscribers without fraction;
or b
In the event that such shares shall be listed on the IDX, such shares shall be allocated in accordance with the following requirements:
1 The subscribers who are not excluded shall be entitled to one unit of trading at the IDX, if there is sufficient units of trading available. In the event of insufficient units available,
the available units of trading shall be allocated by way of lottery. The number of shares included in the unit of trading referred to above shall be the highest full unit of trading
determined by the IDX where the shares are listed; and
2 If, there are remaining shares available, then after one unit of trading is allocated to subscribers who are not excluded, allocation shall be performed proportionally, in the
unit of trading according to the amount subscribed by the subscribers. The Allotment Manager shall submit the Accountant Audit Report to the OJK concerning the fairness
of the allotment with reference to Regulation No. VII.G.12 and Regulation No. IX.A.7. The Company shall submit the Initial Public Offering Proceeds Report to the OJK by no later than five
Business Days subsequent to the allotment date in accordance with Regulation No. IX.A.2, supported by the Allotment Report as set out in Regulation No. IX.A.7.
In the event of oversubscription of Securities and it is proven that certain parties have submitted Securities subscriptions through more than one subscription form for each Initial Public Offering,
whether directly or indirectly, then, for the purpose of allotment, the Allotment Manager shall include only one Securities subscription form that is first submitted by the concerned subscribers.
13. Postponement of Public Offering Period or Cancellation of Public Offering
