On June 14, 2022,
PT DSST Video Gemilang, an indirect subsidiary of the Company, has made an
investment in PT Vidio dot Com (“Vidio”), an Over-The-Top (OTT) video streaming
company, through subscription of new shares issued by Vidio. The exercise price
for the investment is in the aggregate amount of USD25,000,000 (twenty-five
million United States dollars). The investment is conducted as part of
collaboration in the Company’s digital business development strategies.