PT Sinar Mas Agro Resources Technology Tbk (PT SMART Tbk) deeply regrets the announcement by the KPK (Indonesian Corruption Eradication Commission) of its investigations into alleged corruption involving PT Binasawit Abadi Pratama (BAP) that implicates the Vice President Director of PT SMART Tbk, who is also a director of PT BAP. The Board of Directors of PT SMART Tbk, has accepted Mr. Edy S. Suradja's resignation, effective immediately. Mr. Suradja offered his resignation expressing a desire to avoid any further disruption to PT SMART Tbk as a result of the investigation into his role in PT BAP. The Board has accepted his resignation.