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Press Release PEFINDO i-Grade Index for The Perod of January 1, 2024 - June 30, 2024

Press Release PEFINDO i-Grade Index for The Perod of January 1, 2024 - June 30, 2024

1 Jan 2024

The PEFINDO i-Grade Index remains superior throughout 2023 amidst Global Financial Market Uncertainty Overshadowing the Stock Market  The PEFINDO i-Grade Index, as one of PEFINDO's rating-based indices, can consistently perform positively amidst high global financial market uncertainty. In the last year, the PEFINDO i-Grade index still showed outperformed performance or ranked second among other indices listed on the Indonesia Stock Exchange and continues to move in a positive trend in line with the best-selected constituents. During 2023, the PEFINDO i- Grade Index was able to record a positive return of 14,86% year-to-date (YTD) until the end of December 2023, far outperforming other reference stock indexes.

PEFINDO i-Grade Index Constituents for January–June 2024 As one of the best "alpha" producers in 2023, PEFINDO together with BEI re-determined the PEFINDO i-Grade Index constituents in the routine major evaluation for the January to June 2024 period. Based on the results of a review using ranking data held by PEFINDO as well as stock trading data from companies- companies ranked by PEFINDO, the following are the companies that are constituents of the PEFINDO i-Grade Index for the period January to June 2024:

1 ADHI* Adhi Karya (Persero) Tbk. idA-
2 AKRA AKR Corporindo Tbk. idAA
3 BBCA Bank Central Asia Tbk. idAAA
4 BBNI Bank Negara Indonesia (Persero) Tbk. idAAA
5 BBRI Bank Rakyat Indonesia (Persero) Tbk. idAAA
6 BJBR Bank Pembangunan Daerah Jawa Barat dan Banten Tbk. idAA
7 BMRI Bank Mandiri (Persero) Tbk. idAAA
8 BMTR Global Mediacom Tbk. idA+
9 BNGA Bank CIMB Niaga Tbk. idAAA
10 BRPT Barito Pacific Tbk. idA+
11 BSDE Bumi Serpong Damai Tbk. idAA-
12 DSNG Dharma Satya Nusantara Tbk. idA
13 ELSA Elnusa Tbk. idAA
14 HEAL Medikaloka Hermina Tbk. idAA
15 HRTA* Hartadinata Abadi Tbk. idA
16 INKP Indah Kiat Pulp and Paper Tbk. idA+
17 ISAT Indosat Tbk. idAAA
18 JSMR Jasa Marga (Persero) Tbk. idAA
19 MDKA Merdeka Copper Gold Tbk. idA+
20 MEDC Medco Energi Internasional Tbk. idAA-
21 MFIN* Mandala Multifinance Tbk. idA
22 MYOR Mayora Indah Tbk. idAA
23 PNBN Bank Pan Indonesia Tbk. idAA
24 PTPP Pembangunan Perumahan (Persero) Tbk. idA
25 SMDR* Samudera Indonesia Tbk. idA+
26 SMGR Semen Indonesia (Persero) Tbk. idAA+
27 SMRA Summarecon Agung Tbk. idA+
28 TINS Timah Tbk. idA
29 TLKM Telkom Indonesia (Persero) Tbk. idAAA
30 TPIA Chandra Asri Petrochemical Tbk. idAA-

(*) New member of PEFINDO i-Grade for January 2024 – June 2024.