• Bank Mandiri clarified on November 2, 2026, that its Additional Tier 1 perpetual bonds strengthen capital without diluting shareholders at issuance.
• The initial 7.35% annual distribution rate was set September 3, 2026, at 287 basis points over five-year US Treasuries.
• September 10, 2031, is the first distribution reset date, not maturity; redemption is optional and requires prior OJK approval.
• Without redemption, the bonds remain outstanding at a distribution rate based on the applicable US Treasury reference rate plus a fixed spread.
• Mandiri Securities acted as a joint lead manager, not a purchaser; settlement occurred September 10, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT Bank Mandiri (Persero) Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 32171367) on November 02, 2026, and is solely responsible for the information contained therein.