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PPRO Focuses on Structuring Fundamentals and Strengthening Corporate Governance

Jakarta, 31 March 2026 – PT PP Properti Tbk (the “Company”) continues to take strategic steps in structuring the company’s fundamentals and strengthening overall governance in order to ensure long-term business sustainability. This strategic step is carried out as part of the company’s strategic program to ensure business sustainability in the face of the dynamics of the property industry in recent years.

In line with these efforts, throughout 2025, the Company will implement prudent strategic measures through the readjustment of the value of certain assets, inventories, and investments to reflect the fair value that can be realized, including the establishment of conservative reserves as part of strengthening the quality of the company’s assets. The Company also organizes its portfolio with a focus on more productive assets and has a more optimal monetization rate. These steps also take into account the dynamics after the Homologation Decision that the Company has gone through as part of efforts to maintain business sustainability and the gradual fulfillment of obligations.

This step prioritizes prudence to ensure that financial statements become more representative of the Company’s condition, while supporting the strengthening of the financial structure and improving the quality of financial reporting that is more transparent and prudent. To date, the Company’s operational activities have continued to run normally, including marketing activities, productive asset management, and project completion. This step also does not remove the Company’s rights to assets or recovery efforts that are still actively carried out as part of the asset portfolio optimization strategy.

VP Corporate Secretary, Afrilia Pratiwi, said that this restructuring step is an important part of strengthening the Company’s overall fundamentals.

“The Company proactively conducts a review of its asset portfolio and recording quality to produce a healthier financial structure and more reliable financial statements. This step is an important foundation for the Company’s gradual and sustainable performance growth,” said Afrilia

As part of strengthening fundamentals, the Company also carried out various strategic steps, including:

Strengthening financial fundamentals through a focus on operating cash flow and a gradual reduction in liabilities;

Quality growth through increased productivity and operational performance, through increased cost efficiency and operational productivity to encourage higher quality growth, strengthening recurring income, strengthening strategic cooperation to support the development of priority projects. Acceleration of asset monetization, and improved corporate governance and integrated risk management;

Strengthening GCG commitments and increasing transparency to stakeholders.

The Company is committed to continuing to carry out business activities in accordance with the principles of Good Corporate Governance, by prioritizing transparency and accountability in the presentation of financial statements.

Management believes that the fundamental restructuring steps taken at this time will be a strong foundation for the Company’s business sustainability. With improved asset quality, a more prudent financial structure, and a more targeted business strategy to gradually improve performance and create long-term value for all stakeholders.

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More information:
Afrilia Pratiwi
Corporate Secretary
PT PP Properti Tbk
Plaza PP Lantai 7
Jl. TB. Simatupang No. 57, Pasar Rebo
Jakarta Timur 13760