Danamon and MUFG Indonesia Announce Proposed Name and Logo for the Integrated Bank: Bank MUFG Danamon

Jakarta, 6^th October 2026 – PT Bank Danamon Indonesia Tbk (“Danamon”, IDX: BDMN), a consolidated subsidiary of MUFG Bank, Ltd. (“MUFG Bank”), together with MUFG Bank, Ltd., Jakarta Branch (“MUFG Indonesia”), today introduced the proposed name and logo for the Integrated Bank resulting from the integration of Danamon and MUFG Indonesia namely PT Bank MUFG Danamon Tbk (“Bank MUFG Danamon”). Subject to shareholders, related ministry, and regulatory approval on the Integration, the Integrated Bank is expected to operate under the proposed name and logo from the effective date of the Integration.

For context, MUFG Bank intends to Integrate its branch in Indonesia, MUFG Indonesia, into its subsidiary, Danamon, forming an integrated locally incorporated bank in Indonesia (“Integrated Bank”), in accordance with the terms of Financial Services Authority (Otoritas Jasa Keuangan – “OJK”) Regulation No. 41/POJK.03/2019 on Merger, Consolidation, Acquisition, Integration and Conversion of Commercial Banks (the “Integration”). The intention to undertake the Integration was voluntarily announced on May 11, 2026.

Today’s announcements reflect our commitment to maintaining open and transparent communication with all stakeholders. The proposed name and logo are more than just a new identity, Bank MUFG Danamon represents Danamon's and MUFG Indonesia's long-term commitment to growing together in Indonesia by bringing together the best of both institutions, combining local strengths with global expertise.

President Director of PT Bank Danamon Indonesia Tbk, Nobuya Kawasaki, said, “Together, we will bring forward Danamon’s 70 years of experience in Indonesia, combined with MUFG’s strong global expertise and network, as we continue building for the future.”

Meanwhile, Executive Officer, Country Head of Indonesia, MUFG Bank, Ltd., Kenji Sato, said, "The proposed new name and logo reflect our commitment to create greater value by bringing together the strengths of both institutions. More importantly, this combination will strengthen our ability to better serve customers, support our colleagues, benefit the communities we serve, and contribute to Indonesia’s growth."

Until all required approvals are obtained and the Integration is completed, there will be no changes to the business operations of Danamon and MUFG Indonesia:

• Both banks still operate as separate legal entities.
• Customers of Danamon and MUFG Indonesia may still continue to transact and utilize their respective products and services as usual, with no changes to the existing products and services, general current operating hours, or branch networks.
• All contractual relationships between Danamon or MUFG Indonesia and their respective contractual counterparties, including vendors, contractors, outsourcing companies, and other parties, will remain unchanged.

Danamon and MUFG Indonesia remain committed to ensuring all material information relating to the Integration is disclosed in a timely manner through respective official communication channels.

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Disclaimer and Cautionary Statement Regarding Forward‑Looking Plans and Projections

This announcement contains forward-looking statements regarding the intention to undertake the Integration of MUFG Bank, Ltd., Jakarta Branch (“MUFG Indonesia”) and PT Bank Danamon Indonesia Tbk (“Danamon”), including the proposed name and logo for the Integrated Bank, namely PT Bank MUFG Danamon Tbk (“Bank MUFG Danamon”). These statements are based on information, conditions, and assumptions available and considered reasonable at the time of this announcement and are provided solely as preliminary information for relevant stakeholders. The proposed name “Bank MUFG Danamon” and logo and the implementation of the Integration remain subject to obtaining the necessary approvals on the Integration from shareholders, related ministry and regulators. Until all such approvals have been obtained and the Integration process has been completed, MUFG Indonesia and Danamon will continue to operate as separate entities. There can be no assurance that the Integration will proceed as planned or that the proposed name and logo will ultimately become the name and logo of the Integrated Bank.

The intent to Integrate is subject to applicable review processes and prevailing laws and regulations, including approvals from the relevant authorities and/or regulators. Accordingly, there is a possibility that the intent to Integrate may be delayed, amended, fail to obtain the necessary approvals, or be cancelled, whether as a result of regulatory decisions or other factors beyond the control of the respective entity.

Forward‑looking statements inherently involve uncertainties, risks, and other factors that may cause actual outcomes or results to differ materially from those expressed or implied in this announcement. In this regard, stakeholders and investors are cautioned not to place undue reliance on this announcement when making any investment or financial decisions. Investors are encouraged to conduct their own independent evaluations and analyses and, where appropriate, to consult licensed investment advisers.

All parties are advised to read and interpret this announcement carefully and with due caution, with the understanding that this announcement does not constitute any commitment, guarantee, or definitive statement regarding future events, and may be subject to change at any time without prior notice.

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• Danamon: Corporate Communications Danamon (corporate.communications@danamon.co.id)
• MUFG Indonesia: Corporate Communications MUFG Indonesia (corporate_communications@id.mufg.jp)