Merdeka Gold Resources Announces Hong Kong HDR IPO: Up to HK$26.60 per Unit for 89.67 Million Receipts

PT Merdeka Gold Resources Tbk (“Merdeka Gold”) has formally launched a global offering of up to 89.67 million Hong Kong‐listed depositary receipts (HDRs), paving the way for a secondary listing on the Main Board of the Stock Exchange of Hong Kong (SEHK). The receipts will trade under stock code 6228, with dealings scheduled to commence at 9:00 a.m. on 26 June 2026.

The transaction combines: • Hong Kong Public Offering: an initial 8.97 million HDRs, representing 10.0 % of the base deal size and subject to reallocation. • International Offering: an initial 80.70 million HDRs, or 90.0 % of the base deal, also subject to reallocation and a 15 % over-allotment option (up to 13.45 million additional HDRs).

Key terms include a maximum offer price of HK$26.60 per HDR, plus customary charges (1.0 % brokerage, 0.0027 % SFC levy, 0.00565 % SEHK trading fee, and 0.00015 % AFRC levy). The receipts carry no par value. The price is expected to be finalized by 24 June 2026.

Subscription for the Hong Kong Public Offering opens at 9:00 a.m. on 17 June 2026 and closes at 12:00 noon on 23 June 2026. Applications are accepted solely through electronic channels: the White Form eIPO platform (www.eipo.com.hk) or the HKSCC EIPO channel via brokers or custodians. A minimum application size of 100 HDRs applies.

CLSA Limited acts as stabilizing manager and, together with other joint sponsors, overall coordinators, global coordinators, bookrunners and lead managers, may conduct price‐stabilization activities for up to 30 days after the close of the Hong Kong Public Offering.

Merdeka Gold has applied for the listing of up to 589.25 million HDRs under Chapters 18 (Mineral Companies), 19B (Depositary Receipts) and 19C (Secondary Listings of Overseas Issuers) of the HKEX Listing Rules. Subject to final approvals and satisfaction of listing conditions, HDR certificates will be valid from 8:00 a.m. on 26 June 2026.

Key indicative timetable • 17 Jun 2026: Public offering opens (9:00 a.m.) • 23 Jun 2026: Public offering closes (12:00 noon) • 24 Jun 2026: Price determination (by 12:00 noon) • 25 Jun 2026: Allocation results published (by 11:00 p.m.) • 26 Jun 2026: First day of trading on SEHK (9:00 a.m.)

Settlement of trading will occur through CCASS, with HDRs traded in board lots of 100 units. Investors transacting before receipt of definitive HDR certificates will do so at their own risk, as no temporary documents of title will be issued.