LPKR Announces New Board of Directors Appointment at the 2025 Annual General Meeting of Shareholders (AGMS)

Jakarta, 13 June 2025 – PT Lippo Karawaci Tbk. (“LPKR” or “the Company”) officially announced changes to its Board of Directors at the Annual General Meeting of Shareholders (AGMS), held on Friday, 13 June 2025, at Hotel Aryaduta Menteng, Jakarta.

During the AGMS, shareholders approved and ratified the Company’s Annual Report for the financial year ended 31 December 2024, including the Company’s audited financial statements.

For the 2024 fiscal year, LPKR successfully recorded total revenue of Rp11.5 trillion, exceeding the previously set target of Rp10.7 trillion by 7.5%.

The Company also posted EBITDA of Rp2.5 trillion and net profit of Rp18.7 trillion, supported by improved business performance, effective liability management, and proceeds from the divestment of strategic assets.

In addition to approving the Annual Report, the AGMS also accepted the resignation of Gita Irmasari from her position as Director of the Company and approved the appointment of Fendi Santoso as Director of the Company, effective as of the closing of the AGMS.

The AGMS also reaffirmed the composition of the Board of Commissioners and introduced changes to the Board of Directors. The updated composition of the Company’s Board of Commissioners and Board of Directors, effective as of the close of the 2025 AGMS, is as follows:

Board of Commissioners

President Commissioner / Independent Commissioner : Prof. DR. IR. Ginandjar Kartasasmita

Independent Commissioner : Anangga W. Roosdiono

Independent Commissioner : DR. Kartini Sjahrir

Commissioner : Anand Kumar

Commissioner : Kin Chan

Commissioner : George Raymond Zage III

Commissioner : Ketut Budi Wijaya

Board of Directors

President Director : Marlo Budiman

Director : Marshal Martinus Tissadharma

Director : Surya Tatang

Director : Dominique Dion Leswara

Director : David Iman Santosa

Director : Fendi Santoso

LPKR’s management warmly welcomes the new board members with great optimism, and hopes that their strong leadership and collaboration will deliver significant added value to the company’s future business development, particularly in the property sector, which continues to demonstrate substantial growth potential.

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About PT Lippo Karawaci Tbk

Listed on the Indonesia Stock Exchange, PT Lippo Karawaci Tbk (“LPKR”) is a leading real estate and healthcare platform in Indonesia, with a presence in 26 provinces and 56 cities nationwide, and total assets of IDR 53.7 trillion as of December 31, 2024. The Company’s core businesses include real estate development, township management, healthcare services, lifestyle retail malls, and hospitality.

As a prominent real estate developer and township operator with 1,395 hectares of landbank ready for development, LPKR primarily focuses on urban developments across Java and Sulawesi, including its flagship township Lippo Village in Tangerang. Through its two publicly listed subsidiaries—PT Lippo Cikarang Tbk and PT Gowa Makassar Tourism Development Tbk, in which LPKR holds 83.99% and 62.69% ownership respectively—the Company also develops and manages Lippo Cikarang in Bekasi and Tanjung Bunga in Makassar.

LPKR also holds a 29.09% stake in PT Siloam International Hospitals Tbk, Indonesia’s leading private hospital network, operating 41 hospitals and 73 clinics across 23 provinces. In addition to healthcare, LPKR manages 59 malls across the country and holds a 47.29% stake in Lippo Malls Indonesia Retail Trust (LMIRT), a Singapore-listed REIT with assets under management of SGD 1.6 billion as of December 31, 2024. The Company also operates 10 Aryaduta-branded hotels, as well as country clubs and golf courses.