Description of Underwriting Prospektus PT Integra Indocabinet Tbk English

169 XIII. UNDERWRITING

1. Description of Underwriting

Pursuant to the Deed of the Company’s Initial Public Offering Underwriting Agreement No. 64 dated March 23, 2017, read together with Amendment I of the Shares Underwriting Agreement of the Company’s Public Offering No. 1 dated May 2, 2017 and Amendment II of the Shares Underwriting Agreement of the Company’s Public Offering No. ● dated June 8, 2017, all drawn up before Fathiah Helmi, S.H., a Notary in Jakarta, the Joint Lead Underwriters agree to, in accordance with their respective underwriting portion, offer and sell the Offering Shares to the public and to bind themselves to purchase the Offering Shares that remain unsold at the closing date of the offering period of the Initial Public Offering at the Offering Price. The Shares Underwriting Agreement shall supercede any similar agreements, whether written or unwritten, which have previously existed or will exist in the future, between the Company and the Underwriters. The Joint Lead Underwriters participating in the underwriting of the Offering Shares have agreed to perform their duties in accordance with Regulation No. IX.A.7. The underwriters, their respective underwriting portion and percentage participating in the Company’s Initial Public Offering are as follows: No. Underwriters Underwriting Portion Percentage Number of Shares Rp Joint Lead Underwriters: 1. PT Bahana Sekuritas 497,800,000 129,428,000,000 39.824 2. PT DBS Vickers Sekuritas Indonesia 497,800,000 129,428,000,000 39.824 3. PT BCA Sekuritas 248,900,000 64,714,000,000 19.912 Subtotal 1,244,500,000 323,570,000,000 99,560 Underwriters: 1. PT Erdhika Elit Sekuritas 1,500,000 390,000,000 0.120 2. PT Profindo Sekuritas Indonesia 1,000,000 260,000,000 0.080 3. PT Panca Global Sekuritas 1,000,000 260,000,000 0.080 4. PT Bosowa Sekuritas 450,000 117,000,000 0.036 5. PT Dhanawibawa Sekuritas Indonesia 450,000 117,000,000 0.036 6. PT Magenta Kapital Sekuritas Indonesia 450,000 117,000,000 0.036 7. PT Yulie Sekuritas Indonesia 450,000 117,000,000 0.036 8. PT KGI Sekuritas Indonesia 100,000 26,000,000 0.008 9. PT Phillip Sekuritas Indonesia 100,000 26,000,000 0.008 Subtotal 5,500,000 1,430,000,000 0.440 Total 1,250,000,000 325,000,000,000 100.00 PT Bahana Sekuritas, PT BCA Sekuritas and PT DBS Vickers Sekuritas Indonesia, as the Joint Lead Underwriters and Underwriters, hereby expressly represent that they are not Affiliated Parties of the Company, whether directly or indirectly, based on the definition set forth in the Capital Market Law.

2. Determination of Offering Price in the Primary Market