Other material information or facts as referred to in Article 6 (cc) of Financial Services Authority Regulation No. 31/POJK.04/2015 concerning Disclosure of Material Information or Facts by Issuers or Public Companies, as amended in part by OJK Regulation No. 45 of 2024 concerning the Development and Strengthening of Issuers and Public Companies.
Signing of the Conditional Share Sale and Purchase Agreement
With reference to Financial Services Authority (OJK) Regulation No. 31/POJK.04/2015 concerning Disclosure of Material Information or Facts by Issuers or Public Companies, as amended in part by OJK Regulation No. 45 of 2024 concerning the Development and Strengthening of Issuers and Public Companies and the Attachment to the Decree of the Board of Directors of PT Bursa Efek Indonesia No. Kep-00087/BEI/12-2025 concerning Amendments to Regulation No. I-E concerning the Obligation to Submit Information, we, PT Wahana Interfood Nusantara Tbk. (The Company) hereby announces that on Wednesday, May 6, 2026, the Company entered into a Conditional Share Purchase Agreement (CSPA) with Metaside Global Holding Pte Ltd, a company incorporated under the laws of Singapore and domiciled in Singapore (MGH), regarding the proposed acquisition of a number of MGH shares in PT Sari Murni Abadi, a company incorporated under the laws of the Republic of Indonesia and domiciled in Bogor Regency (SMA), to the Company (Transaction).
The Transaction was executed under the following conditions:
a) Transaction Date:
May 6, 2026
b) Names of Parties Entering into the Transaction:
i. The Company; and
ii. MGH.
c) Nature of the Relationship of the Parties
The company has no affiliated relatiobship with MGH.
d) Type of Contract
This type of contract is a conditional agreement relating to the Company’s plan to acquire MGH’s shares in SMA, totaling a maximum of 99.99% (ninety-nine point ninety-nine percent) of all issued and paid-up shares in SMA, which will be implemented in accordance with the provisions of the CSPA.
e) Reason for Acquisition/Objectives of the Acquisition:
1. To drive revenue growth by optimizing distribution channels in Indonesia and Vietnam and expanding distribution reach to more outlets and markets;
2. To improve operational efficiency by consolidating raw material procurement, optimizing organizational structure, optimizing production capacity utilization, and enhancing efficiencies in the supply chain and other production processes;
3. To synergize product development, including collaboration by leveraging entity capabilities and integrating research and development processes;
4. To synergize product development, including collaboration by leveraging entity capabilities and integrating research and development processes;
5. Strengthening market position and competitiveness with a larger business scale to compete in the Ingredients and Fast-Moving Consumer Goods (FMCG) industry, as well as increasing bargaining power with suppliers; and
6. Improving business governance and scalability through the integration of systems, organizations, and processes to support long-term growth.
The Company is conditionally bound to complete the Transaction as stipulated in the CSPA.
Completion of the Transaction is subject to and remains contingent on the fulfillment of several requirements stipulated in the CSPA as well as the fulfillment of material transaction procedures as stipulated in OJK Regulation No. 17/POJK.04/2020 concerning Material Transactions and Changes in Business Activities and other applicable laws and regulations (as relevant).
Sumedang, May 7,2026
PT Wahana Interfood Nusantara Tbk
Corporate Secretary
