INITIAL PUBLIC OFFERING Prospektus Awal Soechi Lines Versi Inggris FINAL

3 2 Shares 000,000 000,000 000,000 000.000 94.00 120,000,000 000.000 2.00 120,000,000 000.000 2.00 120,000,000 000.000 2.00 000,000 000,000 100.00 000,000 000,000 ber of alue ber of alue 000,000 000,000 000,000 000,000 000,000 000,000 94.00 000,000 000,000 65.80 120,000,000 000,000 2.00 120,000,000 000,000 1.40 120,000,000 000,000 2.00 120,000,000 000,000 1.40 120,000,000 000,000 2.00 120,000,000 000,000 1.40 - - - 428,500 850,000 30.00 pital 000,000 000,000 100.00 428,500 850,000 100.00 000,000 000,000 571,500 150,000 3 thousand and five hundred shares is allocated for the ESA program. Remaining shares that are not subscribed by the employees will be offered to public. The ESA program is designated to the Company’s employees, excluding the directors, commissioners and shareholders of the Company. The implementation of the ESA program will adhere to the provisions set forth in Rule No. IX.A.7, Annex to the Decree of Bapepam and LK Chairman No. KEP-691BL2011 dated 30 December 2011 regarding Responsibilities of Allotment Managers with Respect to Subscription and Allotment of Securities in a Public Offering. The objectives of ESA program implementation are as follows:  Retention Retaining existing and qualified employees will be easier when the employees have equity participation.  Motivation and Performance Making the employees part of the Company will improve employees’ performance and motivation, which will eventually improves the Company’s overall performance. Therefore, employees with significant equity participation in their Company will be strongly motivated to put their best effort and maximize the Company’s performance and shares value.  Development of Team Culture Involving employees in the ESA program will improve the spirit of togetherness and teamwork, where all employees work together, focusing on the Company’s performance objectives. Employees will be more alert to the Company’s needs and will start to think and act like an owner. The Company will implement and report the ESA program in accordance with the prevailing rules and regulations. All ESA Program Shares are Award Shares which are given to employees as appreciation. Participation Requirements The Company’s Board of Directors has appointed officers from the Company’s human resources and legal department as the ESA Administrators. Total employees eligible to participate in the ESA program will be further regulated without prejudice to this BOD’s provision. Employees eligible for the ESA program are those who meet the following participation requirements:  Permanent employees who are actively employed as of 1 November 2014  Meet certain performance level in accordance with the performance review standards set forth by the Company.  A minimum period of service of 3 three months as ESA program implemented.  Not being subject to administrative sanctions at the time of the implementation of the ESA program. Award Shares  Award Shares are awarded free of charge by the Company to all employees participating in the ESA program who satisfy the requirements; the shares are registered under the name of each participant.  The allocation of Award Shares is calculated based on performance, rank of office and years of service of the participant.  The lock-up period for Award Shares is 1 one year commencing from the date of shares distribution.  In the event that the respective employee resigns, is dismissed or is involved in a criminal activity during the lock-up period, the right to the Award shares shall be annulled. The likewise applies in the event that the ESA participants surrender their participating right to the Company on their own will.  The participants are not subject to any cost for the ownership of Award Shares. Company will bear the cost of Award Shares, which will be paid at full cost in accordance with the Offer Price of each Company Shares Shares Allotment Allocation Procedures  The Company allocates the Award Shares to employees who satisfy the requirements; the shares are registered under the name of each participant.  Allocation of Award Shares is based on the employees’ rank of office, work performance and years of service.  Employees entitled to the ESA program must adhere to the following requirements: - Adhere to the ESA share ownership requirements set forth by the Company and the regulation of the Indonesian Capital Market. - Register as ESA shares participants through the Human Resources Department of each Working Unit where such employees are assigned by the Company.  The HRD of each Working Unit records, recapitulates and reports the employees interested to participate in ESA program to the Company’s Head Office Human Resources Department.