The Board of Directors of Sinarmas Land Limited announced the following appointments, effective 24 April 2024: (A) Appointment of Non-executive Independent Director The appointment of Mr. Irhoan Tanudiredja ("Mr. Tanudiredja") as a Non-executive Independent Director of the Company. Mr. Tanudiredja has almost 40 years' experience in public accounting and financial reporting, including external, internal, and compliance audits, before retiring in 2023. Mr. Tanudiredja was PwC Indonesia's Entrepreneur & Private Business (EPB) Unit Leader & Client Service (July 2020 - June 2023), and Firm Managing Partner (CEO/President Director) & Client Service (July 2009 - June 2020).

He joined KAP Tanudiredja, Wibisana, Rintis & Rekan, an Indonesian member firm of the PwC global network, in 1985. Mr. Tanudiredja is a Certified Public Accountant (Indonesia), a member of CPA Australia, and a member of the Association of Chartered Certified Accountants. He graduated with a Bachelor of Economics (Accountancy major) degree from the University of Catholic Parahyangan, Bandung, Indonesia in 1986.

For purposes of Rule 704(8) of the listing manual of the Singapore Exchange Securities Trading Limited ("Listing Manual"), Mr. Tanudiredja is considered independent by the Board. Details on the appointment of Mr. Tanudiredja as required under Rule 703(7) of the Listing Manual are set out in a separate announcement released today. (B) Appointment /Changes to Board Committees (i) Audit Committee ("AC") The appointment of Mr. Tanudiredja as a member of the AC.

(ii) Nominating Committee ("NC") The appointment of Mr. Willy Shee Ping Yah ("Mr. Shee") as a member and chairman of the NC. (iii) Remuneration Committee ("RC") The appointment of (1) Mr. Lim Jun Xiong, Steven ("Mr. Lim"), a current RC member, as RC chairman; and (2) Mr. Ng Ee Peng and Ms Margaretha Natalia Widjaja as RC members. Mr. Shee, will step down as RC chairman and remain as RC member.

(C) Appointment as Lead Independent Director The appointment of Mr. Lim, who joined the Board on 6 May 2020, as Lead Independent Director. (D) Composition of Board and Board Committees Following changes as set out above, the Board and Board Committees will comprised of the following members: Board: Mr. Franky Oesman Widjaja - Executive Chairman Mr. Muktar Widjaja - Executive Director and Chief Executive Officer Ms. Margaretha Natalia Widjaja - Executive Director Mr. Ferdinand Sadeli - Executive Director and Chief Investment Officer Mr. Robin Ng Cheng Jiet - Executive Director and Chief Financial Officer Mr. Lim Jun Xiong, Steven - Non-executive Independent Director & Lead Independent Director Mr. Willy Shee Ping Yah - Non-executive Independent Director Mr. Ng Ee Peng - Non-executive Independent Director Mr. Irhoan Tanudiredja - Non-executive Independent Director Board Committees: Audit Committee: Mr. Lim Jun Xiong, Steven - Chairman Mr. Willy Shee Ping Yah - Member Mr. Irhoan Tanudiredja - Member Nominating Committee: Mr. Willy Shee Ping Yah - Chairman Mr. Lim Jun Xiong, Steven - Member Mr. Franky Oesman Widjaja - Member Remuneration Committee: Mr. Lim Jun Xiong, Steven - Chairman Mr. Willy Shee Ping Yah - Member Mr. Ng Ee Peng - Member Ms. Margaretha Natalia Widjaja - Member By Order of the Board SINARMAS LAND LIMITED Robin Ng Cheng Jiet Director 17 April 2024.