Merry Riana Education (MERI) Officially Listed on the Indonesia Stock Exchange Development Board

Merry Riana and Hermanto Tanoko's Strategic Steps to Build an Educational Ecosystem for Indonesia's Young Generation

Jakarta, 10 July 2025 - PT Merry Riana Edukasi Tbk,a company operating in the leading education and self-development sector in Indonesia, today officially listed its initial shares orInitial Public Offering(IPO) on the Indonesia Stock Exchange (BEI) with the stock codeMERIon the Development Board. The company, which was founded in 2014 by Merry Riana, officially became the 21st company listed on the IDX in 2025. This listing is a key milestone in the Company's journey to move forward as a public company that is accountable, transparent and responsible to all investors, the public and all stakeholders in running its business in the future.

This step is not just business expansion. This islong term missionto strengthen the character education ecosystem andsoft skillsin Indonesia — with the same spirit when PT Merry Riana Edukasi Tbk was first started...from a small garage, to now become a market leader.

Full Support for MERI's IPO from a Number of National Figures

MERI's IPO step received full support from various national figures, including the 6th President of the Republic of Indonesia SusiloBambang Yudhoyono (SBY)and Coordinating Minister for Infrastructure and Regional DevelopmentAgus Harimurti Yudhoyono (AHY).

"This is a good example. Merry Riana never stops thinking about increasing the resilience and initiative of the Indonesian people we love," said SBY.

"Human capital is the nation's strategic asset. Hopefully MERI's IPO will be successful and have a positive impact on Indonesia's future," said AHY while attending Merry Riana's 45th anniversary celebration and the announcement of MERI's IPO in Jakarta.

Oscar Darmawan, Founder of Indodax also provided his support for MERI's IPO. "I really believe in Merry Riana because I really followed her journey from zero (in Singapore) to now which is extraordinary." Oscar said.

Founder Commitment and Strategic Investor Support

As founders, Merry Riana and Alva Tjenderasa show extraordinary commitmentby locking (lock up) all of his share ownership for a full 5 years—a rare move in the capital markets.

"We have signed a commitment letter which we have submitted to the Stock Exchange not to sell our own shares. I choose to stay, with you. Because MERI's value is not only there today - but will continue to grow in the next five years," emphasized Merry Riana.

The entry of Hermanto Tanoko, a national businessman and Founder of Tancorp, as a strategic investor adds to MERI's credibility and fundamental strength. Through this listing, PT Merry Riana Edukasi Tbk became the 9th company that Hermanto Tanoko successfully brought to the floor on the IDX. "After this IPO, Tancorp will continue to actively support the expansion and growth of MERI. We willFULL SUPPORT," said Hermanto Tanoko.

With corporate support, wide network access, and high professionalism benchmarks, this is a signal to the market: that MERI not only has spirit, but also structure. Not only do you have a dream, but also a road map to achieve it.

Courage to Step Amid Market Turmoil

The decision to continue carrying out the MERI IPO process amidst global market dynamics was not an impulsive decision—but a bold, strategic and confident step. This step proves that in Indonesia, there are educational institutions that are managed professionally, are profitable, and prioritize healthy governance.

"I believe that the future of education is not determined by who is the best at building a curriculum, but by who is able to build an ecosystem," explained Merry Riana.

"Education is not just about teaching in the classroom, but about mobilizing the entire ecosystem — parents, teachers, communities, business people and investors — to work together to create a generation of intelligence and character. Let me take this first step. A step that is not only big, but meaningful. For one goal:Mobilizing the Education of the Indonesian People.

Share Offering and Use of IPO Funds

MERI offers235,132,500share (22.72%of issued and paid-up capital after IPO) at priceRp. 128,-with total proceeds from the public offering ofIDR 30,096,960,000.Funds obtained from the IPO will be used in a measurable and strategic manner to:

●65%to expand the Merry Riana Learning Center network through a partnership & rental model

●35%to strengthen the Merry Riana Event programs such as Life Camp, Leadership Camp, and Billionaire Camp

This includes: HR recruitment, training, marketing and strengthening digital infrastructure.

With approachasset-lightbased on partnerships and leases, this strategy allows for rapid expansion without excessive financial burden — making PT Merry Riana Edukasi Tbk's growth quality and sustainable.

"The shares that IPOed with Lotus Andalan Sekuritas and Pak Hermanto rose 100% on average. We have explained everything, so there really is data," saidAndry Hakim, retail investor and Chief Investment Officer of StockWise.

Strong Fundamentals, Sustainable Expansion

With consistent average annual growth over the last 3 years and 3 pillarsrevenue(Learning Center, Events,AndDigitalLearning), PT Merry Riana Edukasi Tbk proves its long-term potential. The company has also appointed PT Lotus Andalan Sekuritas as Managing Underwriter.

“We don't have a big wait togo public. We went public so we could be bigger and have a wider impact. Taking the floor on the stock exchange is not the end, but the beginning of a bigger leap, from Indonesia, to the world." concluded Merry.

About PT Merry Riana Edukasi Tbk

Founded in 2014 by Merry Riana, PT Merry Riana Edukasi Tbk (MERI) is a character education and self-development institution that has reached tens of thousands of children and teenagers in Indonesia through aExperiential Learning Technologies™.

Currently, MERI has an ecosystem with learning methods:

• Offline Events: Merry Riana Events

• Offline Regular Class: Merry Riana Learning Center (34 locations)

• Online: Merry Riana Digital Learning

With a mission to create a positive impact from Indonesia to the world through developing the superior character of the nation's children, MERI is leading the education-based movementsoft skillsto form a young generation who is tough, confident and has high integrity.

The following isVideo Profile of PT Merry Riana Edukasi Tbk:

ListenPT Merry Riana Edukasi Tbk's successful journeyfrom the garage to the trading floor through the following documentary:

Touching Hearts Changing Lives,

Astri Novaria

PR & Media Officer

Merry Riana Group

WA: 0857 1784 7626 | Tel: 021 5010 0576

www.MerryRiana.com