General Announcement::Release of Announcement by a Subsidiary Listed on IDX - Annual Public Expose Report

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RELEASE OF ANNOUNCEMENT BY A SUBSIDIARY ON THE INDONESIA STOCK EXCHANGE -

ANNUAL PUBLIC EXPOSE REPORT

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The board of directors ("Board") of Wilton Resources Corporation Limited (the "Company", and together with its subsidiaries, the "Group") wishes to inform shareholders of the Company that PT Wilton Makmur Indonesia Tbk ("PT WMI"), the Company's subsidiary listed on the Indonesia Stock Exchange ("IDX"), had on 14 December 2021, released an announcement on the IDX entitled "Annual Public Expose Report" ("IDX Announcement").

The IDX Announcement contains, inter alia, the business overview of PT WMI, overview and progress of the Ciemas Gold Project, financials of PT WMI and the corporate plans of PT WMI for the year 2022. A copy of the IDX Announcement is attached with this announcement. The IDX Announcement can also be found on PT WMI's corporate website in the link below:-

https://wilton.id/investors/idx-announcements/

BY ORDER OF THE BOARD

Wijaya Lawrence

Chairman and President

14 December 2021

This announcement has been prepared by Wilton Resources Corporation Limited (the "Company") and its contents have been reviewed by the Company's sponsor, ZICO Capital Pte. Ltd. (the "Sponsor"), in accordance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited ("SGX-ST") Listing Manual Section B: Rules of Catalist.

This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Ms. Alice Ng, Director of Continuing Sponsorship, ZICO Capital Pte. Ltd. at 8 Robinson Road, #09-00 ASO Building, Singapore 048544, telephone [phone].

PT. Wilton Makmur Indonesia Tbk

Public Expose

December 2021

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BUSINESS OVERVIEW

Tinjauan Bisnis

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GROUP STRUCTURE

STRUKTUR GRUP USAHA

Wilton Resources Corporation Limited

(Listed in SGX, Stock Code 5F7)

			100%
		Wilton Resources Holdings Pte. Ltd.
			(Singapore)
	87.49%			100%
	PT. Wilton Makmur Indonesia Tbk.			Wilton Assets Management Ltd
	(Listed in IDX, Stock Code SQMI)					(Malaysia)
		99%
	PT. Wilton Investment					Mr Wijaya Lawrence
	(Indonesia)		1%
		99%
	PT. Wilton Wahana Indonesia
	(Indonesia)		1%				Operation Production Mining Licence (IUP OP)
		99%						Holders of two Concession Blocks
							Pemegang 2 Konsensi IUP Operasi-Produksi
	PT. Liektucha Ciemas						("Ciemas Gold Project")
	(Indonesia)		1%

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BOARD OF COMMISSIONERS

DEWAN KOMISARIS

PRESIDENT COMMISIONER / Komisaris Utama

Mr. Wijaya Lawrence, an Indonesian citizen and an entrepreneur, is the Executive Chairman and President of Wilton Resources Corporation Limited ("Wilton", and together with its subsidiaries, the "Group") and the President Commissioner of PT. Wilton Makmur Indonesia Tbk. ("WMI") Being the founder of Wilton, Mr. Wijaya Lawrence is responsible for the strategic planning, overall management and operations of the Group.

In 2000, Mr. Wijaya Lawrence founded PT. Wilton Wahana Indonesia ("PT WWI"), which was involved in the business of trading in lighting products and electronics. In 2007, Mr. Wijaya Lawrence was also involved in the business of trading of various natural resources, such as zirconium, lead and coal, to several countries. In 2010, Mr. Wijaya Lawrence decided to cease the trading business of PT WWI and focus on the mining business of the Group.

Bapak Wijaya Lawrence, seorang warga negara Indonesia dan wirausahawan, merupakan Ketua Eksekutif dan Presiden Wilton Resources Corporation Limited ("Wilton", dan bersama dengan anak perusahaannya, "Grup") dan Presiden Komisaris PT. Wilton Makmur Indonesia Tbk. ("WMI") Sebagai pendiri Wilton, Bapak Wijaya Lawrence bertanggung jawab atas perencanaan strategis, keseluruhan manajemen dan operasi Grup.

Pada tahun 2000, Bapak Wijaya Lawrence mendirikan PT. Wilton Wahana Indonesia ("PT WWI"), yang bergerak dalam bisnis perdagangan produk penerangan dan elektronik. Pada tahun 2007, Bapak Wijaya Lawrence juga melakukan bisnis perdagangan berbagai sumber daya alam seperti zirkonium, timbal dan batubara ke beberapa negara. Pada tahun 2010, Bapak Wijaya Lawrence memutuskan untuk menghentikan bisnis perdagangan PT WWI dan fokus pada bisnis pertambangan Grup.

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