MERI Stock Phenomenon: 4 Days of ARA (Upper Auto Rejection) in a Row, Evidence of Increasing Public Trust

Shares of PT Merry Riana Edukasi Tbk (stock code:MERI) again stole attention on the Indonesian Stock Exchange (BEI). After a successful debut, this stock continues to show spectacular performance by breaking the Upper Auto Rejection (ARA) limitfour days in a row, strengthening investors' confidence in its long-term potential.

Withtotal increase of more than 282%Since its IPO on Thursday (10/7), MERI shares have now become one of the most discussed issuers among retail and institutional investors. Trading volume reached hundreds of millions of shares per day, and market capitalization soared sharply.

Based on official data from the IDX, MERI experienced ARA in every trading session over the last four days:

What Does This Mean for Investors?

1. Investor Interest Increases 24.83% (ARA)

The occurrence of consecutive ARAs is not a coincidence — it reflects high interest from institutional and retail investors who see potential in the education and character development sectors.

2. High Liquidity and Positive Volatility

Large volumes and ever-increasing price volatility provide high liquidity. For aggressive investors, this could be a day trading opportunity. For long-term investors, this is a signal that this stock is worth monitoring for further momentum.

3. Strong Fundamentals Behind the Rise

MERI's IPO is designed to strengthen the education ecosystem:65%IPO funds are used for Learning Center expansion,35%for event development. The founder also locked his personal share ownership (lock‑up) for five years. This shows management's seriousness in building the business sustainably and provides a strong foundation for long-term investors.

The ARA phenomenon for four consecutive days isa strong indicator of market confidence in MERI shares.The extreme spike in price and volume suggests momentum has not abated. Supported by solid fundamentals, long-term vision and institutional support, MERI is now emerging as an emerging stock worth paying attention to. More than just numbers,MERI is starting to establish its position as a symbol of change in the world of education and social investment in Indonesia.

In her upload on Instagram (@merryriana),Founder and Main Commissioner of PT Merry Riana Edukasi Tbk, Merry Rianaresponded regarding MERI shares experiencing ARA for four consecutive days.

"To the long-term investors who choose to believe in our vision, who don't just look at today's numbers, but the future of Indonesian education, thank you. Your support is the foundation of our long journey forward. I believe this journey is not a sprint, but a marathon. I personally will only enjoy the results later, after 2030. But today I enjoy something much bigger. Seeing many people believe in it, take part in the movement, and become part of this vision," said Merry Riana.

An Investment, A Movement

This consecutive ARA phenomenon is not only due to market momentum. This is a reflection ofpublic confidence in MERI's long-term visionin building character education andsoft skillsIndonesia's young generation. From small garages to trading floors. From a personal dream to a national mission. MERI is not just a stock —MERI is a movement.And as Merry said,"This journey is not a sprint. It's a marathon."

The following is the complete response from the Founder and Main Commissioner of PT Merry Riana Edukasi Tbk:

Touching Hearts Changing Lives,

Astri Novaria

PR & Media Officer

Merry Riana Group

WA: 0857 1784 7626 | Tel: 021 5010 0576

www.MerryRiana.com