Austindo Nusantara Implements Strategic Restructuring After Change in Control

Business Realignment Following Acquisition

PT Austindo Nusantara Jaya Tbk (ANJT) has initiated comprehensive restructuring efforts following the change in controlling shareholder in October 2025. The significant transaction, valued at Rp 5.54 trillion, saw First Resources Limited becoming the new controlling entity. The Ciliandra Fangiono family, associated with the new controlling shareholder, has been driving various strategic changes within the company.

Key Restructuring Measures

1. Discontinuation of Non-Core Subsidiaries The company has decided to cease operations of three subsidiaries:

• PT Austindo Nusantara Jaya Boga
• PT ANJ Agri Papua
• PT Gading Mas These entities were primarily involved in edamame and sago flour businesses.

1. Brand Identity Refresh ANJT has undertaken a rebranding exercise, changing its logo as part of the broader transformation effort.

2. Operational Alignment The management has conducted a thorough evaluation of operational and financial performance of various business units. The decision to discontinue certain subsidiaries was based on the finding that their operations were not aligned with the company's medium to long-term business strategy.

Strategic Rationale

The restructuring is aimed at focusing the company's resources on core business areas that offer better growth prospects and strategic alignment. This move is expected to enhance operational efficiency and improve overall financial performance. The new management's approach indicates a shift towards more focused business operations and better resource allocation.