Debt Securities and/or Sukuk Offerings Required to Be Conducted Through an Electronic System: Minimum 5% Centralized Allotment with One-Third Retail Allocation, Effective 21 September 2027

The Members of the Board of Commissioners of the Financial Services Authority (Otoritas Jasa Keuangan– “ OJK ”)has issued Regulation No. 11 of 2026 on the Implementation of Electronic Public Offerings of Debt Securities and/or Sukuk (“ Regulation 11/2026 ”). Regulation 11/2026 implements the provisions mandated under Regulation of the OJK No. 41/POJK.04/2020 [1] on the Electronic Implementation of Public Offerings of Equity Securities, Debt Securities, and/or Sukuk. [2]