Group Overview Operation and Financial Review Financials Other Information Sustainability and Governance Indofood Agri Resources Ltd. 114 Notes to the financial statements For the financial year ended 31 December 2025 19. Investment in subsidiary companies (cont’d) (a) Composition of the Group (cont’d) Name of subsidiaries Country of incorporation Effective percentage of equity held Principal activities % 2025 2024 Held by PT Salim Ivomas Pratama Tbk (cont’d) PT Manggala Batama Perdana (PT MBP) * Indonesia 73.46 73.46 Investment holding PT Sarana Inti Pratama (PT SAIN) 3 Indonesia 73.46 73.46 Investment, research, management and technical services, and oil palm seed breeding PT Mentari Subur Abadi (PT MSA) 3 Indonesia 57.36 57.36 Investment and ownership of oil palm plantations and mill PT Mega Citra Perdana (PT MCP) 4, ** Indonesia 39.51 21.83 Investment holding PT Swadaya Bhakti Negaramas (PT SBN) 3 Indonesia 43.82 43.82 Ownership of oil palm plantations PT Lajuperdana Indah (PT LPI) 2 Indonesia 22.44 22.44 Ownership of sugar cane plantations and sugar mills/ refineries PT Mitra Intisejati Plantation (PT MISP) 3 Indonesia 73.46 73.46 Ownership of oil palm plantations and mill PT PP London Sumatra Indonesia Tbk (Lonsum) 2 Indonesia 43.72 43.72 Business of breeding, planting, milling and selling of oil palm products, rubber and other crops PT Cakra Alam Makmur (PT CAM) 3 Indonesia 73.46 73.46 Ownership of bulking facilities PT Hijaupertiwi Indah Plantations (PT HPIP) 3 Indonesia 73.46 73.46 Ownership of oil palm plantations and mill PT Cangkul Bumisubur (PT CBS) 3 Indonesia 73.31 73.31 Ownership of oil palm plantations
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