PT Matahari Putra Prima Tbk

PT Matahari Putra Prima Tbk (“MPPA” or the “Company”) was established on March 11, 1986, based on Notarial Deed No. 30 of Budiarti Karnadi, S.H., and obtained its legal approval on July 26, 1986. The Company’s Articles of Association have been amended several times, with the latest amendment stipulated in Deed No. 31 dated May 8, 2024, prepared by Notary Sriwi Bawana Nawaksari, S.H., M.Kn, and approved by the Ministry of Law and Human Rights of the Republic of Indonesia. The Company operates in retail trading of various products, including food, beverages, apparel, household goods, and medical supplies through supermarket, hypermarket, and community-based store formats, with a strategic focus on the modern retail Fast-Moving Consumer Goods (FMCG) segment since 2012.

In its business journey, the Company has continuously driven growth through retail format innovation, including the introduction of the Hyfresh supermarket concept in 2019. In 2020, the Company accelerated its digital transformation by developing omnichannel platforms such as Hypermart Online, Chat & Shop, Park & Pickup, as well as integration with national marketplaces, enhancing accessibility, convenience, and customer engagement.

The Company is also the first retailer in Indonesia to obtain national halal certification from BPJPH covering multi-format stores, distribution centers, and head office. From 2023 to 2025, the Company further strengthened its transformation through operational efficiency, improved inventory management, store modernization, and the utilization of data analytics. The rebranding of Hypermart with a new visual identity marks an important milestone in reinforcing brand relevance and supporting sustainable business growth.