#1Corporate Presentation Citi Indonesia Investor Conference 2019 PT Intiland Development Tbk Intiland. Developing Your World. intiland www#2Table Of Contents Section 1 Company Overview Section 2 Strategy Section 3 Key Investment Highlights Section 4 Section 5 Key Financials Appendix Disclaimer intiland 9 12 31 35 We caution readers that all statements other than statements of historical fact included in this document, including without limitation, those regarding our financial position, business strategy, plans and objectives of management for future operations (including development plans and objectives relating to our existing and future products), are forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other facts, which may cause our actual results, performance or achievements or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding our present and future business strategies and the environment in which we expect to operate in the future. We expressly disclaim any obligation or undertaking to release any update of or revision to any forward-looking statements contained herein to reflect any change in our expectations with regards hereto or any change in events, conditions or circumstances on which any such statements is based. This document is the property of PT Intiland Development Tbk. It is for intended recipients only and for intended use only. This document only serves as a reference and it does not constitute an offer solicitation or invitation to subscribe for and/or purchase any shares in any proposed venture. 2#3Session 1 Company Overview intiland#4PT Intiland Development Tbk ("Intiland") intiland Since 1983, Intiland has established a long and successful track record over 61 projects, as a trend-setter and innovator with high quality award- winning projects in Jakarta and Surabaya Over 3 decades of operating history • First established in 1983 under the name of PT Wisma Dharmala Sakti, Intiland has a long operating track record of c.40 yrs . Listed on the IDX since 1991 with market capitalization of Rp3.9tn (~USD281m)* as at 30 June 2019 Developer with high quality projects in Indonesia Large, strategically located land bank Well-diversified portfolio • • • • South Quarter, the integrated mixed use development in TB Simatupang, South Jakarta CBD Graha Famili, the first golf-themed luxurious residential development in Surabaya Aeropolis, the integrated mixed use development in Soekarno-Hatta's international airport area (only 500 meters away) Regatta, a luxury sea-front condominium in Jakarta Pantai Mutiara, the reclaimed housing development with canal bay (in South East Asia) Intiland Tower Jakarta, a "green" building in CBD Jakarta designed by Paul Rudolph with direct MRT station access Over 2,000 ha of remaining land bank spread across key locations in Jakarta, Greater Jakarta, Surabaya and Greater Surabaya Successfully developed over 61 projects in Jakarta and Surabaya across a wide spectrum of sub-sectors including landed residential townships, office towers, high-rise apartments, hospitality, industrial estates as well as sports and golf club management 18% Revenue breakdown (Mar 2019) 18% 7% Rp 888bn Rp 888bn 59% 16% 82% Land bank breakdown (as of Mar 2019) 21% 2,066ha 79% ■Mixed use and high rise Industrial estate ■Houses and land Investment properties ■Development Revenue Recurring Revenue ■ Jakarta & Greater Jakarta Area ■Surabaya & Greater Surabaya Area *Based on an IDR/US$ conversion rates of 14,244 which is the middle of the buying and selling foreign exchange transaction rates announced by Bank Indonesia on 31 March 2019 4#5Key Corporate Milestone intiland 1974 Founder Hendro S. Gondokusumo started first development of Cilandak Garden Housing in South Jakarta 1981 Commenced the first property development in Surabaya, Darmo Baru Housing Project 1982 Development of Taman Harapan Indah 1990 Branched into Industrial Estate with the commencement of Ngoro Industrial Park 2007 Corporate restructuring; Rp1.1tn outstanding debt converted to 2.2bn shares; Rebranding to PT Intiland Development Tbk; New CEO and BOD appointed intiland 2008 Completion of Regatta phase I 2011 Launched South Quarter, a new integrated mixed- use development in South Jakarta Started development of Aeropolis, near Soekarno-Hatta International Airport 2014 Started the construction of Praxis, Surabaya Started development of Spazio Tower, Surabaya Indonesia Top 50 Public Companies in the 2015 Indonesia Best of the Best Awards, Forbes Indonesia 2016 Launched new project, The Rosebay, Surabaya 2017 Received Rp750bn from GIC for the first phase of the share issuance of 241,481 shares (32.66% stake) in PT Putra Sinar Permaja, which owns South Quarter Project (Phase I & II) 2018 Soft launched SQ Res apartments, a second-stage development of the South Quarter integrated zone Obtained a syndicated loan amounting to Rp2.8 trillion from PT Bank Negara Indonesia (Persero) Tbk and PT Bank Central Asia Tbk 1970- 1980s 1990s 2007- 2010 2011- 2013 2014- 2015 2016 2017 2018- 1H 2019 Rights Issue III with the value of Rp2.7 trillion 1983 1991 2010 Establishment of the company under the name PT Wisma Dharmala Sakti Listed on Indonesia Stock Exchange 1986 Completion of Intiland Tower Jakarta 1989 Started development of the first canal estate in South East Asia, Pantai Mutiara, North Jakarta Indonesia Schenge 1992 Launching of Graha Famili, a prestigious housing area in Surabaya 1997 Completion of Intiland Tower Surabaya development Stock split 2:1. From 5.1bn shares to 10.2bn shares Started development of Graha Natura Phase 1, Surabaya Completion of Whiz Hotel Yogyakarta, the first hotel by PT Intiwhiz International 2013 Started development of 1Park Avenue condominium in South Jakarta Initial Public Bonds offering worth Rp500bn 2014 Divested 60% shares of PT Intiland Infinita, the parent company of Intiwhiz Hotel Chain 2015 South Quarter receives Gold - Design Recognition certification from Green Building Council Indonesia (GBCI) Completion of South Quarter Phase 1, Jakarta Launching of Graha Golf Condominium project in Graha Famili, Surabaya Started the development of Graha Natura Edenia, Surabaya Second public bonds offering worth Rp590bn Entered into a JV with GIC, for the ownership and development of the first and second phase of South Quarter, Jakarta Launched new project, 57 Promenade Phase I in Kebon Melati, Central Jakarta Entered into a JV with GIC, for the ownership and development of the first phase of, 57 Promenade, Jakarta 2019 Forged a new strategic partnership with PT Menara Prambanan for the development of mixed-use and high rise project, Poins Square, in South Jakarta. Signed a CSPA to sold 9% stake in South Quarter worth Rp244bn to Reco Kris Private Limited. 5#6Corporate Structure CGS-CIMB Securities (Singapore) Pte Ltd Hendro S. Gondokusumo Notes: 1. 2345678 2. 3. 4. 5. 6. 7. 8. 10.30% JPMorgan Chase Bank, N.A. - Bali Private Vila (S) Pte Ltd PT Bina Yatra Sentosa 19.27% 5.84% intiland Public < 5% Intiland Tower Intiland Tower Jakarta Surabaya PT Intiland Development Tbk 12.35% Total Issued Shares Market Capitalization as of 30 Jun 2019(6) Book Value as of 31 Mar 2019 (7) RNAV as of 31 Dec 2017 (7)(8) 52.24% : 10,365,854,185 shares. : Rp 3.9 tn (~USD 281 mn) @Rp 384 : Rp 6.6 tn (~USD 465 mn) @Rp 639 : Rp 20.8 tn (~USD 1,464 mn) @Rp 2,012 36.6% 100.0% 100.0% 100.0% 30.0% PT Raharja Mitra Familia PT Taman Harapan Indah PT Intiland Grande PT Intiland Esperto PT Intiland Infinita Others 57 Promenade (Phase 1)¹ 33.4% Aeropolis 1 Park Avenue Graha Natura Spazio Tower Ngoro Ind. Park Serenia Hills Intiwhiz Hotel Chain5 GIC 49.0%² South Quarter (Phase I & II)² Regatta³ Praxis Graha Golf The Rosebay 100% ownership <100% ownership 57 Promenade (Phase I) is jointly held and developed by PT Raharja Mitra Familia (33.63% stake), GIC's affiliate (33.40% stake) and PT Galang Gema Pradana (29.97% stake) South Quarter is jointly held and developed by PT Putra Sinar Permaja (51% stake), GIC's affiliate (49% stake) Regatta is held by Badan Kerjasama Mutiara Buana (BKMB), a 50-50 JO partnership between PT Taman Harapan Indah and PT Global Ekabuana The Rosebay is held by PT Grande Family View, a 75%-owned subsidiary of PT Intiland Grande The Intiwhiz Hotel Chain is operated by PT Intiwhiz International, a subsidiary of PT Intiland Infinita Based on an IDR/USD conversion rate of 14,141 which is the Jakarta Interbank Spot Dollar Rate (JISDOR) benchmark on 30 June 2019 Based on an IDR/USD conversion rate of 14,244 which is the Jakarta Interbank Spot Dollar Rate (JISDOR) benchmark on 31 March 2019 The company appraised its major assets on 31 Dec 2017, primarily done by Knight Frank and Jones Lang LaSalle 6#7SURABAYA & GREATER AREA JAKARTA & GREATER AREA Core Portfolio intiland The Company develops various products classified into mixed use & high rise, landed residential, industrial estates and investment properties. Some of the existing and future projects are as follows: Mixed Use & High Rise Landed Residential South Quarter Phase 1 Aeropolis. • South Quarter Phase 2 ● • Serenia Hills • Pinang Residence ⚫ • Talaga Bestari • 57 Promenade Phase 1. • West One City. Magnolia Residence . 1 Park Avenue • Serenia Hills Apartment • South Grove • Regatta Phase 2. Griya Semanan • 1Park Homes Praxis. . Tierra Phase 1. • Spazio Tower ● . Graha Golf Phase 2. . Sumatra 36 • Graha Natura Apartment ⚫ . Graha Golf Phase 1. The Rosebay Pipeline projects Under construction Industrial Estates Investment Properties Aeropolis Technopark. • Intiland Tower Jakarta • South Quarter Phase 1 • 57 Promenade ⚫ Poins • Others Graha Famili • Ngoro Industrial Park. • Intiland Tower Surabaya • Graha Natura Development Income • Praxis. Spazio Tower. Ngoro Industrial Park • Others Recurring Income 7#8Selected Awards and Achievements 2019 intiland INDONESIA PROPERTY AWARD 2019 Intiland Excellent in Marketing Strategy in Indonesia Property Award 2019 Warta Ekonomi Intiland Warta Ekonomi INDONESIA SPOKESPERSON Best Spokesperson in Building Innovative Positive Image of Property Companies in Indonesia Spokesperson of The Year Award 2019 Warta Ekonomi Intiland Habitat for Humanity Indonesia Community Builder Community Builder in Donor Appreciation Night Habitat for Humanity Indonesia Appreciation on Water Conservation Green Building Council Indonesia South Quarter Appreciation on Water Conservation in Green Building Appreciation & "Innovation Day: Building Re-Invented" Schneider Indonesia & Green Building Council Indonesia Regatta PROPERTY MANAGEMENT SERVICE EXCELLENCE AWARD 2019 Property Management Service Excellence Award (PMSEA) 2019 for Upper Class Apartment Property In Magazine & Carre INDONESIA NDONESIA PROPERTY REAL ESTATE OF THE EN Hendra Sund Ind Despre WINNER EESTHICH END HOUSING Sari H 2018 PropertyGuru ASIA PROPERTY AWARDS infobank 100 FASTEST GROWING COMPANIES 2010 Top Fastest Growing Intiland Intiland GOLDEN PROPERTY AWARDS Best National Property 2018 Companies Developer Partners Infobank Awards 2018 BTN Property Awards 2018 Bank Tabungan Negara TOPTEN Intiland Top 10 Developers BCI Asia Awards 2018 BCI Asia Hendro S. Gondokusumo 2018 Real Estate Personality Property Guru Group PROPERTI INDONESIA AWARDS 2018 Serenia Hills Best Housing Development (Jakarta) & Best High-End Housing Development (Indonesia) in Indonesia Property Awards 2018 by Property Guru Group Fifty Seven Promenade Serenia Hills The Country Winner-Best Housing/Landed Development (Indonesia) Asian Property Awards 2018 by Property Guru Group The Recommended Condominium in Jakarta Properti Indonesia Awards 2018 Properti Indonesia Magazine Majalah Beranda 2nd Winner Best In-House ICMA Magazine in Privae Sector Real Estate Awards 2018 Indonesia Content Marketing Awards 2018 Kompas Gramedia Serenia Hills The Most Preferred Landed Houses In South Tangerang Real Estate Awards 2018 Rumah123.com Real Estate Awards 2018. Magnolia Residence The Most Preferred Landed Houses in Tangerang Real Estate Awards 2018 Rumah123.com Majalah Beranda Property Guru by Davey Gold Awards 2018 by Davey INDONESIA PROPERTY AWARD 200 Serenia Hills Top 8 Marketing Communications in Housing Category Indonesia Property Awards 2018 Warta Ekonomi 8#9Session 2 Strategy intiland DOLCE#10Growth Strategy Organic Growth Acquisition Growth Strategic Partnership Capital & Investment Management intiland Focus on developing existing projects in Jakarta and Surabaya Maximize the value of existing asset portfolio (e.g. mixed use & high rise) Continue the land acquisition surrounding existing projects • Strategic acquisition to support our vision and mission • Maintain focus on our core business Prudent acquisition to increase our long term stakeholders' value Strategic partnership to strengthen our position Track record in developing joint projects with strategic partners Provide balance sheet support for project execution Cash flow management to sustain our growth and profitability Prudent financing to manage our business risks Expand our global network to support our financing strategy Mission 66 To be reputed as a transparent, trustworthy and trendsetting property developer committed to highly sustainable and long-term growth and profitability that deals fairly with all stakeholders Vision ናና To make possible the experience of not only living, but living well throughout Indonesia 10#11Strategic partnership case study: GIC intiland Our JVs with GIC present a good example of what we seek in a strategic partner and how we employ such partnerships as a way to mitigate development risk and proactively strengthen our balance sheet JV overview November 2016 & April 2019 GIC Entered into a JV with GIC to divest 40% ownership stake in the integrated mixed-use complex, South Quarter (both Phase 1 & 2) in Nov 2016 and an additional 9% in April 2019 Together with GIC, Intiland will continue to develop South Quarter Phase II, which comprises two condominium towers August 2017 GIC Entered in a 2nd JV with GIC for the ownership and development of the Phase I of 57 Promenade project in Jakarta Post transaction ownership breakdown in 57 Promenade Phase 1: Intiland (36.63%), GIC (33.40%), land owner JV partner (29.97%) Strategic benefits Synergistic strengths and experience/track record of quality partner As one of the largest institutional real estate investors globally, GIC brings broad knowledge and expertise from its investment network Intiland, in turn, provides local market insights, a proven development track record and land bank access as one of the most established Indonesian property developers Enables Intiland to expand into new projects while reducing funding needs and mitigating execution risk Like-minded partners with a long term investment outlook Our 2nd JV with GIC in 2017 further demonstrates confidence in our capabilities and is a testament to the strength of our partnership Capital management Total sale proceeds from divestment of 40% stake in South Quarter: IDR 1trn Received IDR 750bn of which c.IDR 660bn was used to pay off the project loan Remaining amount of IDR 250bn will be used as working capital for the construction of South Quarter Phase II Total sale proceeds from divestment of 9% stake in South Quarter: IDR 244bn The proceeds will be used to strengthen Intiland's financial position Total sale proceeds of IDR 230bn for divestment of stake in 57 Promenade Phase 1 IDR 184bn was used to reduce loan Remaining amount of IDR 46bn will be used as working capital 11 14#12Session 3 Key Investment Highlights intiland#13Key Investment Highlights Experienced management and strong corporate governance driving sustainable growth 5 mtland Strong pipeline of high quality developments and growing recurring income intiland intiland 1 Established track record in successfully developing and launching premium flagship projects Large land bank to sustain medium to long term development Diversified portfolio in strategic locations which stands to benefit from ongoing/recent infrastructure developments 13#14*Launched in 2H 2017 An iconic mixed-use urban living development in Kebon Melati, Jakarta CBD housing estate Word 2015 The Most Favored Mid-up Apartment in Mixed-use Project Housing Estate Awards South Quarter 5 1 intad 3 2 Established track record in successfully developing and launching premium flagship projects intiland Over the past 40 years, we have developed/launched various award-winning premium projects which have become benchmarks in their respective markets Mixed Use & High Rise Mixed Use & High Rise Landed Residential Regatta Integrated mixed-use development in South Jakarta CBD-premised on the concept of sustainability and located on a 7.2ha site, amongst the largest in the city SOUTH EAST ASIA PROPERTY AWARDS 57 Promenade* Best Commercial Development Best Office Development Best Office Architectural Design South East Asia Property Awards Luxury sea-front condominiums in Jakarta Best Premium Apartment Golden Property Awards Office Intiland Jakarta Tower Green building in Indonesia; the building model was exhibited at the Museum of Modern Art in New York Landed Residential Green residential complex in South Jakarta - equipped with integrated security system, waste management system and sports facilities INNOVATION CONSUMER CHOICE AWARDS PROPERTY AWARDS The Best Innovation in Property Product Concept Property Innovation Awards Best Compact Development in Jakarta & Indonesia Golden Property Awards Best Housing Development Indonesia Property Awards The Most Popular Landed in South Jakarta Consumer Choice Awards Best Housing/Landed Development Asian Property Awards Pantai Mutiara Graha Famili One of the first reclaimed housing developments in SE Asia First golf-themed luxurious residential development in Surabaya 14 Serenia Hills#154 5 intiland 3 1 Diversified portfolio in strategic locations which stands to benefit from ongoing/recent infrastructure developments intiland Our diversified portfolio is well-positioned to capture demand across different product types and locations 2015 2016 Projects 2017 Locations 2018 1H18 1H19 Rp bn % Rp Rp bn % Rp Mixed Use & High Rise 897 55% 591 45% Rp bn 1,921 % Rp 65% Rp bn 1,210 % Rp Rp bn % Rp Rp bn % Rp 53% 968 75% 526 70% The Rosebay Surabaya 0 0% 206 16% 33 1% 62 3% 29 2% 18 2% South Quarter Jakarta 23 1% 86 7% 0 0% 0 0% 0 0% 0 0% SQ Res Jakarta 0 0% 0 0% 0 0% 0 0% 0 0% 402 53% Aeropolis Jakarta 60 4% 152 12% 54 2% 81 4% 10 1% 10 1% Sumatra 36 Surabaya 0 0% 16 1% 0 0% 3 0% 6 0% 0 0% Regatta (50%) Jakarta 37 2% 40 3% 16 1% 26 1% 11 Praxis Spazio Tower 1 Park Avenue Graha Golf 1 Park Residence 57 Promenade Spazio Landed Residential Surabaya 8 1% g 1% 20 1% 26 1% 16 Surabaya 16 1% 21 2% 55 2% 11 0% 165 1% 0 0% 1% 17 2% 0% 4 1% Jakarta 151 9% 42 3% 157 5% 183 8% 105 8% 64 8% Surabaya 603 37% 19 1% 51 2% 39 2% 4 0% 5 1% Jakarta 0% 0 0% 0 0% 0 0% 0 0% 0 0% Jakarta 0 0% 0 0% 1,536 52% 781 34% 783 61% 5 1% Surabaya 0 0% 0 0% 0 0% -1 0% 0 0% 1 0% 530 33% 648 49% 483 16% 569 25% 270 Graha Natura Surabaya 94 6% 357 27% 165 6% 191 8% 88 Serenia Hills Jakarta 202 12% 166 13% 214 7% 225 10% 140 Magnolia Residence Jakarta 36 2% 38 3% 28 1% 32 1% 15 Taman Semanan Indah Jakarta 9 1% 6 0% 20 1% 8 0% Talaga Bestari Jakarta 68 4% 29 2% 46 2% 29 1% South Grove Jakarta 0 0% 0 0% 이 0% 25 1% 1 Park Homes Jakarta 22 1% 0 0% 0 0% 0 0% 28355 a coo 21% 229 30% 7% 99 13% 11% 63 8% 1% 16 2% 0% 6 1% 9 1% 31 4% 8 1% 9 1% 0 0% 0 0% Pinang Residence Jakarta 0 0% 0 0% 0 0% 0 0% 0 0% 4 1% Industrial Estate 192 12% 81 6% 531 18% 505 22% 45 4% 0 0% Ngoro Industrial Park Surabaya 192 12% 81 6% 531 18% 505 22% 45 4% 0 0% Total Marketing Sales 1,619 100% 1,320 100% 2,935 100% 2,284 100% 1,284 100% 755 Development Income 1,619 100% 1,320 100% 2,935 100% 2,284 100% 1,284 100% 755 100% 100% 15#165 1 intilad 3 High-rise developments - Mixed-use/Integrated intiland Our flagship high-rise mixed-use/integrated projects have seen strong take-up rates across various components (residential, office, retail) Our high rise developments are high density projects, located in prime urban locations typically located on plots of land measuring ~1-10 ha Completed South Quarter Phase 1 Ongoing development 57 Promenade Phase 1 • Phase 2* 2.7 ha 0 Integrated mixed-use development comprising three office towers and supporting retail facilities - premised on the concept of sustainability • Ownership: 51.0% (JV with GIC Singapore owning the remaining 49.0%) Phase 1 4.4ha Phase 1 comprises three 20-floor office towers with some retail space Tower A: 100% strata sold, Tower B and C retained for leasing Total semi gross area of 130,229 sq.m. Net leasable office area of 76,793 sq.m. and retail space (lease) of 7,516 sq.m. Launched Completion Land area Location 4Q 2012 2015 4.4ha TB Simatupang, South Jakarta *Soft launch of sales in 4Q 2018 Phase 2 Phase 1 City57 Sky57 Planned mixed use & high rise development with outdoor elements such as pedestrian walkways and retail outlets Ownership: 36.63% (JV with GIC and PT Galang Gema Pradana owning 33.40% and 29.97% respectively) Phase 1 includes 2 condo towers and retail space: 24-floor City57 tower (strata): 260 units 49-floor Sky57 tower (strata): 236 units Retail space (lease): 769 sq.m. Launched 3Q 2017 Expected completion 3Q 2022 Land area 1.2ha Location Kebon Melati, CBD Jakarta 16#175 1 intilaced 3 High-rise developments - Residential intiland Our current pipeline and high-rise residential projects are located in strategic areas with strong infrastructure connectivity and/or within established areas. It will offer a wider range of unit sizes to provide more affordability High quality projects in strategic locations targeted at middle-up income demographic Current Projects High quality projects in strategic locations targeted at middle to high income demographic Pipeline Projects Regatta South Quarter 1 Park Avenue 57 Promenade South Quarter Phase 2 Graha Golf Praxis Graha Golf Phase 1 Current Projects Rosebay Est. size / unit (SGA sq.m.) Pipeline Projects Tierra Pondok Pinang Apartment Serenia Hills Low rise Apartment Est. size / unit (SGA sq.m.) 48-135 57 Promenade Phase 1 38-183 South Quarter Phase 2 Regatta 2 104-235 Pinang Residence Phase 2 24-95 _ 1Park Avenue (K,Q,R); 1Park Hamilton 138-335 Graha Golf Phase 2 182-411" Graha Golf Phase 1 139-168 Tierra 28-68 Praxis (Apartment) Rosebay 44-85 Serenia Hills Low Rise 28-100 75-166 Graha Natura Apartment 31-71 * Net size ** Price range not including Penthouse unit 17#185 1 mtland 3 Landed residential intiland Our portfolio of well-located, high quality landed residential projects allows us to broaden our customer reach and further diversifies our revenue base Ongoing development Serenia Hills Premium estate located on 26ha, offering a modern residential facility with a private cluster concept and club facilities Ownership: 100% The residential complex comes equipped with an integrated security system, waste management system and sports facilities and has been developed in 2 phases: Phase 1: 261 residential units Phase 2: 331 residential units Graha Natura Residential project in Lontar, West Surabaya, sprawling over 86-hectare land. Graha Natura is a unique housing estate with a focus on healthy lifestyle, nature and eco-friendly technology Ownership: 100% Graha Natura works together with a number of scientific institutes for environment conservation program which takes place almost half of the green open space all around the residential area Phase 1 Phase 2 Launched 2011 & 2012 2013 & 2014* Launched Phase 1 2010, 2014, 2015, 2016 ** Completion Land area Location 2013 2016* 10ha 16ha Launched Phase 2 Land area 86ha 2016, 2018, 2019 *: ** Lebak Bulus, South Jakarta Location West Surabaya * Excluding the Quantum cluster (launched in 2017) which covers an area of 1.8ha and offers 75 residential units ** Please refer to page 39 18#195 1 3 Industrial Estate - Ngoro Industrial Park intiland Our industrial estate in Ngoro allows locators to access East Java and is located in close proximity to key transport hubs (sea port and airport), with toll road and main road access Ngoro Industrial Park is a modern industrial estate complete with infrastructure and facilities for industrial factories Location and features Located c.45km south of Surabaya in Ngoro, Mojokerto, East Java Quick access to Surabaya's Tanjung Perak Port (50km) and Juanda International Airport (50km) Facilities and services include an export processing zone, standard factory buildings, warehouses, commercial areas, clinics, banks & ATMs, office spaces, guest houses, outdoor sports facilities, a police station, internal security and a fire brigade Total development plan Development area Launched* Land bank (30 June 2019) Key tenants NIP H.B. Fuller Δ Ngoro Industrial Park I Ngoro Industrial Park II ROMAN MULIA CERAMICS 220ha 285ha Yakult HITACHI 1991 87ha MITSUI-SOKO HOLDINGS 2010 AM TOYOTA-ASTRA MOTOR * The first phase of the development (Park I) started in 1991 while the second phase (extension, Park II) commenced in the first half of 2010 Unicharm 19 19#205 1 Well-located portfolio within Central and Greater Jakarta... intiland Most of our ongoing/near term projects in Jakarta are located within 5-10km radius from CBD in well-established areas and supported by infrastructure developments Internationa I Airport Aeropolis Bandar Udara Internasional Soekarno... Tangerang NorthJakarta West One City Tanjung Priok Port Regatta Phase 2 PECIAL CAPITAL REGION OF JAKARTA 57 Promenade Serpong To Talaga Bestari To Magnolia Residence JORR Semango Toll Pinang Residence South Tangerang. To Maja Source: Note: Intiland Tower Jakarta 1 Park Avenue Fast Sakarta Bekasi South Jakarta Poins TB South Quarter To Cikarang South Grove Serenia Hills JORR 2 Toll ⑫2 BANTENRoad WEST JAVA Gunung Sindur Depok City To Bogor -5 km Google maps, company data Location and scale drawing above are best estimates 5km radius from Semanggi Interchange, CBD • 57 Promenade Intiland Tower Jakarta 1 Park Avenue 10km radius from Semanggi Interchange, CBD Poins South Quarter Serenia Hills • South Grove Pinang Residence West One City Other projects within Jakarta and its Greater Area Regatta Phase 2 Aeropolis • Talaga Bestari . Magnolia Residence Maja Legend Existing Toll Road Planned Toll Road MRT Route Existing Railway Intiland's Projects 20#215 1 3 ...poised to benefit from infrastructure developments intiland Our portfolio stands to benefit from ongoing development of transit infrastructure (LRT/MRT) within Jakarta, which is expected to translate into stronger take-up/occupancy rates as well as higher average selling prices/rental rates TALAGA BESTARI Cikupa, Tangerang AEROPOLIS Cengkareng, Tangerang MAGNOLIA RESIDENCE Jatake, Tangerang Tangerang KS O Bandara Soekarno-Hatta K7 L2 A Batu Ceper K4 Rawa Buaya K3 TAMAN SEMANAN INDAH Cengkareng. Jakarta Barat Tanah Ka Abang REGATTA Pluit, Jakarta Utara Kampung Bandan Ma FIFTY SEVEN PROMENADE Thamrin, Jakarta Pusat INTILAND TOWER Sudirman, Jakarta Pusat Dukuh Atas 3 M13 HI Ke Cikarang Ke Bekasi Margahayu Ke Cibubur Ke Bandara Hallim Ke Bogor Benhil Ma MRT Route Jakarta 1 MRT Route Jakarta 2 Commuterline Train LRT Route Intiland's Property close to MRT Intiland's Property close to Commuterline Intiland's Property close to LRT 1PARK AVENUE Gandaria, Jakarta Selatan GRAND WHIZ POINS SQUARE Lebak bulus, Jakarta Selatan Lebak bulus SOUTH GROVE Lebak bulus, Jakarta Selatan. Ma Fatmawati Blok M SOUTH QUARTER SQ RES Tb Simatupang, Jakarta Selatan SERENIA HILLS Lebak bulus, Jakarta Selatan Tanjung Priok Ke Gading Nias 21 24#225 1 4 3 ...poised to benefit from infrastructure developments intiland DUKUH ATAS BENHIL BUND.HI FIFTY SEVEN PROMENADE BLOK M ◆ FATMAWATI INTILAND TOWER 1PARK AVENUE SOUTH QUARTER & SQ RES SERENIA HILLS SOUTH GROVE GET ON THE BLUE LINE +62 811 889956 PINANG RESIDENCE POINS LEBAK BULUS 22 22#235 1 3 #LivingConnected Jakarta 10MINS FROM MRT INFRONT OF MRT 57 Promenade, CBD Jakarta Intiland Tower Jakarta, CBD Jakarta 10MINS FROM MRT South Quarter, TB Simatupang NEXT TO MRT poins TMbookstore ARTland VIZTA Poins, Lebak Bulus 10MINS FROM MRT SOUTH GROVE South Grove, Lebak Bulus 10MINS FROM MRT 10MIN FROM MRT 10MINS FROM MRT FUTURE MRT 1Park Avenue, Gandaria Serenia Hills, Lebak Bulus Pinang Residence, Pondok Pinang Talaga Bestari, Tangerang 23 intiland#245 1 3 Well-located portfolio in Central and West Surabaya intiland Our presence in Surabaya started with the Graha Famili project, which has become a market benchmark for high-end residential development, and extended into landed residential, mixed-use & high-rise projects, industrial estates as well as investment properties in Central and West Surabaya To Gresik, Lamongan Tik. Lam To Madura 4km radius from Jl. Panglima Sudirman, CBD Surabaya Intiland Tower Surabaya Tierra Jl. Kenjeran Surabaya Sumatra 36 Praxis Graha Natura Intiland Tower Surabaya Spazio Graha Golf Jl. Raya Menganti Spazio Tower The Rosebay National Hospital Graha Famili nung Sari Aloha-Perak Toll Road Praxis • Sumatra 36 8km radius from Jl. Panglima Sudirman, CBD Surabaya Lingkar Timur Toll Road • Spazio Tower • Graha Famili • Graha Golf • The Rosebay Graha Natura • Tierra . Spazio Mastrip Warda To Ngoro ( Jl. Brigjen Katamso International Airport ~2 km Source: Note: Google maps, company data Location and scale drawing above are best estimates National Hospital Other projects within Surabaya and its Greater Area Ngoro Industrial Park Legend Existing Toll Road Planned Toll Road Existing Railway Intiland's Projects 24 24#251 2 Large land bank to sustain medium to long term development intiland Land area (ha) Large land bank of c. 2,066.2 ha (as of Mar 2019) is sufficient to sustain ongoing developments for the next 20 years Undeveloped Land bank Surabaya & Greater Surabaya area Undeveloped Land bank Land area (ha) Maja, Banten Tangerang, Banten Others Jakarta area 90.5 Total land bank 2,066.2 ha Talaga Bestari, Cikupa 76.0 1,068.7 - Others Surabaya area 235.9 8% 13% 393.9 Pantai Timur, Surabaya 90.1 1% Bukit Pencu, Surabaya 33.0 Bukit Sampe, Trawas 31.8 Lontar 23.2 Serenia Hills 1.3 79% Graha Famili, Surabaya 8.8 Gandaria, Jakarta Pondok Pinang 3.9 Jakarta & Greater Jakarta area 3.3 Jajar Tunggal 4.9 Wiyung 1.0 Jakarta & Greater Jakarta area 1,637.5 ■Greater Jakarta ■Greater Surabaya ■ Jakarta ■Surabaya Surabaya & Greater Surabaya area 428.7 Our long term land bank strategy will focus on balancing sustainable growth with mitigating balance sheet and execution risk Optimize utilization of current land bank (e.g., high density mixed use developments) Focus on land consolidation and project extension in area surrounding or in close proximity to existing projects Enter into strategic collaboration with land owners to minimize capex for land acquisition Leverage on capital recycling opportunities (e.g., divest longer term land bank holdings with no immediate development plans) 25 25#265 intiland Strong pipeline of high quality developments Historical marketing sales (2016-1H 2019) Rp'bn 4,000 2,935 3,000 531 2,284 483 2,000 505 1,500 1,000 1,320 569 81 1,000 648 1,921 755 500 1,210 229 591 526 2016 2017 ■ High Rise ■Landed Residential 2018 1,518 Marketing Sales 823 526 229 160 1H 2019 High Rise Landed Industrial ■ 1H Result ■Industrial Estate ■ 2019 Target 26#275 muland 2 Growing recurring income base... Our recurring revenue base has grown by more than 2x since 2015 Recurring Revenue (Rp'bn) % of total Rp'bn revenue 750 600 450 intiland 10.3% 15.3% 24.0% 23.4% 17.7% 596 528 65 54 348 218 1 48 300 227 31 170 150 126 69 2015 225 157 307 257 59 129 2016 * ■ Facilities ■ Offices * Facilities include building management and estate management fees 2017 2018 ** ■Industrial Estate ■ Others ** Industrial estate includes rental payments from tenants of standard factory buildings in the NIP as well as payments for maintenance service and utilities received from tenants of our industrial estate properties 82 Q1 2019 27 27#28Retail Office 5 muland 2 ...underpinned by robust rental income streams... Office Tower A (Strata) C Office Tower B (Lease) Retail Phase 2-2.7 ha Office Tower (Future development) (Lease) 0 Phase 1-4.4 ha 0.0 Phase 1 Office Towers & Retail citibank General Electric LOTTE intiland • • South Quarter is premised on the concept of sustainability and is one of the largest integrated mixed use developments in TB Simatupang corridor in South Jakarta, a popular business hub where many MNCs across multiple industries are located The site's strategic location has attracted many blue chip corporate tenants that are committed to long term leases South Quarter is accessible via TB Simatupang toll road and Lebak Bulus Street and is located between Jakarta's MRT Fatmawati and Lebak Bulus stations Selected key tenants Darya-Varia NISSAN Tupperware FAST RETAILING LABORATORIA AUTHENTIC RANKED TLJ AECOM calmic. JTi Coca-Cola SUNTORY WING Carl's Jr. STOP CHARBROILED Bu INCE 1997 STARBUCKS RANCH MARKET seribu rasa Occupancy profile As at 30-Jun-19 Net leasable area (sq.m.) Leased area (sq.m.) Committed Occupancy (%) As at 30-Jun-19 Net leasable area (sq.m.) Leased area (sq.m.) Committed Occupancy (%) Tower A 426 426 100.0 Tower B 40,477 33,063 81.7 Retail 7,516 5,508 73.3 Tower C 35,889 23,384 65.2 Combined 76,792 56,873 74.1 28#295 muland 2 ...and a visible additional project pipeline Upcoming projects contributing to future additional recurring income stream CBD Jakarta Phase 2 Phase 1 intiland CBD Surabaya West Surabaya Projects 57 Promenade Phase I 57 Promenade Phase II Praxis Retail NLA: 769 sq.m. Office SGA: 48,509 sq.m. Retail NLA: 11,141 sq.m. Serviced apt. SGA: 9,726 sq.m. Office SGA: 4,140 sq.m. Hotel SGA: 14,326 sq.m. (267 rooms) Retail NLA: 8,609 sq.m. • Area (Recurring component) Project description 57 Promenade is a mixed use & high rise development located in the Jakarta CBD area and is spread across an area of 3.0 ha The development consists of a modern commercial sector, pedestrian walkways and retail outlets Phase 1: covers an area of 1.2 ha, and includes 2 condominium towers, the 24-story City57, and the 49-floor Sky57 Phase 2: covers an area of 1.8 ha, and includes two office towers, one serviced apartment tower, and promenade retail area . • Praxis is the extension of Intiland Tower Surabaya, located in Surabaya business district, spread across an area of 1.1 ha Project comprises 5 office floors, 28 apartment floors and 18 hotel floors Features 185 office units including strata title and lease units, retail space, 295 apartment units and 267 hotel rooms • • Expected completion 3Q 2022 Planning phase 2019 Spazio Tower Hotel + function SGA: 7,640 sq.m. (145 rooms) Retail NLA: 5,077 sq.m. Spazio Tower is a multi-function office tower located in Graha Festival, West Surabaya, spread across an area of 0.5 ha Project comprises 20 floors, of which 11 floors are for office space, 7 floors for hotel, 2 floors for supporting retail and F&B activities, and 5 floors for basement parking The facilities at the tower include swimming pool, multipurpose hall, meeting room, gym and spa 2019 29#301 2 3 Strong corporate governance & highly experienced management team intiland Intiland is led by a highly experienced management team and board of commissioners Board of Commissioners Lennard Ho Thio Gwan Po Micky Walman Siahaan Jahya Asikin Cosmas Batubara President Commissioner / Independent Commissioner Kian Guan Vice President Commissioner Independent Commissioner Serving since 1996 Serving since 2011 Serving since 2010 Hendro S. Gondokusumo Suhendro Prabowo Sinarto Dharmawan Commissioner Commissioner Ping Handyani Hanli Commissioner Serving since 2010 Serving since 2007 Serving since 2007 Board of Directors Utama Gondokusumo Ricky Holil Archied Noto Pradono Perry Yoranouw Permadi Indra Yoga President Director & CEO Serving since 2011 VP Director & COO North West Jakarta & Tangerang Serving since 2007 VP Director & COO Surabaya VP Director & COO Central/South Jakarta Executive Director & CFO Executive Director Independent Director Executive Director Serving since 2003 Serving since 2007 Serving since 2007 Serving since 2007 Serving since 2016 Serving since 2018 30#31Session 4 Key Financial intiland#32Financial Performance Revenue in billion Rupiah 2,553 2,201 2,276 2,203 888 EBITDA in billion Rupiah 605 585 540 532 intiland 213 2015 2016 2017 2018 1Q19 2015 2016 2017 2018 1Q19 401 Net Profit In billion Rupiah 299 297 204 48 2015 2016 2017 2018 1Q19 1,619 1,320 2015 2016 Marketing Sales¹) In billion Rupiah 2,935 2017 1) Marketing Sales includes Development Income only 2,284 254 2018 1Q19 32 32#33Segments Contribution 523 373 Revenue in IDR bn 197 145 62 0 157 139 888 709 33% 29% Gross Profit Margin % of Revenue 48% 45% 55% 0% intiland 40% 36% 36% 35% Mixed use Houses and Industrial Investment TOTAL & high rise land Estate Properties Mixed use Houses and Industrial Investment Overall & high rise land Estate Properties 1Q19 1Q18 33#34Financial Highlights intiland Cash & Cash Equivalents 1019 inhouse inhouse 1Q18 2018 YoY Growth in Rp billion 2017 Audited Audited 2016 Audited 2015 2014 Audited Audited-R Revenue 888 709 25% Revenue 2,553 2,203 2,276 2,201 1,828 Gross Profit 313 283 10% Gross Profit 1,006 956 1,036 1,043 993 EBITDA 213 189 12% EBITDA 532 540 585 605 665 Net Income 48 113 -57% Net Income 204 297 299 401 431 EPS 5 11 -57% EPS 20 29 29 39 42 Gross Profit Margin 35% 40% Gross Profit Margin 39% 43% 46% 47% 54% EBITDA Margin 24% 27% EBITDA Margin 21% 25% 26% 27% 36% Net Income Margin 5% 16% Net Income Margin 8% 14% 13% 18% 24% ROA (Annualized) 1% 4% ROA 1% 2% 3% 4% 5% ROE (Annualized) 3% 8% ROE 3% 5% 6% 8% 10% in Rp billion 1019 FY18 inhouse Audited 2018 Growth in Rp billion Audited 2017 Audited 2016 Audited 2015 2014 Audited Audited-R Total Assets Total Liabilities 14,116 14,216 -1% Total Assets 14,216 13,097 11,840 10,289 9,008 7,495 7,700 -3% Total Liabilities 7,700 6,787 6,783 5,518 4,539 Total Equity 6,622 6,516 2% Total Equity 6,516 6,311 5,057 4,771 4,469 Sales Advance 1,356 1,685 -19% Sales Advance 1,685 1,374 1,168 1,343 1,760 Cash & Cash Equivalents 1,098 1,124 -2% Cash & Cash Equivalents 1,124 750 473 405 552 Total Debt 5,093 5,012 2% Total Debt 5,012 4,431 4,455 3,200 2,127 Net Debt/Equity 60% 60% Net Debt/Equity 60% 58% 79% 59% 35% Dividend 21 N/A 52 51 103 Dividend per Share 2 N/A 5 5 10 EBITDA: Operating profit + final tax + depreciation + amortization 34 ==#35Session 5 Appendix intiland#36Development Income - Mixed Use & High Rise TOWER57 CBD Jakarta FRASER SERVICE CITY57 UNION57 APARTMENT 57 Promenade SKY57 South Jakarta 1Park Avenue North Jakarta Regatta intiland CBD Surabaya Praxis Launched: Total Area: 2017 3.0 ha Launched: 2012 (Tower 1,2,3) Launched: 2014 Launched: 2015 (Tower 4) (Tower London & New York) (Phase 1 1.2 ha, Phase 2 - 1.8 ha) Total Area: 2.8 ha Total Area: 11 ha Total Area: GFA: 2013 1.1 ha Infrastructure: MRT, Busway Infrastructure: Ownership: 36.63% MRT, Mainroad, Shuttle bus (Phase 1 - 2.5 ha, Phase 2 - 1.7 ha) Infrastructure: 102,498 sqm Mainroad Infrastructure: Future LRT Ownership: Progress: 11% Ownership: 100% Ownership: 50% Progress: 100% 95% Expected Completion: 2022 Progress: 100% Progress: 97% Expected completion: 2019 Saleable area: Sold: ASP 1H19: Condominium: Saleable area: Sold: ASP 1H19: Rp 56.9 mn/sqm Retail Lease Office tower: SGA 34,491 sqm SGA 14,018 sqm SGA 9,726 sqm Condominium: Tower City 17,876 sqm (260 units) 16,734 sqm (94%) Rp 54.8 mn/sqm Tower Sky 31,092 sqm (236 units) 26,537 sqm (85%) Semi gross area: NLA 769 sqm Market: Phase 2 Information Boutique office: Serviced Apartment: Retail: NLA 11,141 sqm King, Queen, Royal (Tower 1, 2, 3) Condominium The Hamilton (Tower 4) Saleable area: ASP 1H19: Phase 2 Information 18,116 sqm 9,003 sqm (50%) Rp 39.6 mn/sqm Condominium Saleable area: Sold: ASP 1H19: 52,136 sqm 50,904 sqm (98%) Rp 35.0 mn/sqm Condominium: Tower Name: Semi gross area: Phase 2 (3 towers) London New York Shanghai 51,720 sqm Market: Expected Completion: 2019 Condominium Semi gross area: 19,634 sqm (295 units) Strata title Sold: 13,713 sqm (70%) ASP 1H19: Rp 25.1 mn/sqm Office Market: Sold: Sold: ASP 1H19: (London & New York) Strata title 29,918 sqm (58%) Rp 35.7 mn/sqm Semi gross area: 21,544 sqm (185 units) Market: Strata title 17,404 sqm Lease 4,140 sqm Sold: 4,519 sqm (26%) ASP 1H19: Rp 20.6 mn/sqm Others 1 Park Homes Net land area: Saleable unit: 0.8 ha 32 units Phase 2: London tower was launched in June 2014, while New York tower was pre-launched in June 2014. Hotel Semi gross area: 14,326 sqm Unit: 267 rooms Retail Semi gross area: 8,609 sqm 36 36#37Development Income - Mixed Use & High Rise South Jakarta South Quarter Residence West Surabaya Rosebay Launched: 2018 Total Area: Total Area: 1.3 ha Infrastructure: MRT, Toll Road Ownership: Progress: +/- 1ha 75% 67% Ownership: 51% Total Units: West Surabaya Launched: Total Area: Spazio Tower intiland West Surabaya Graha Golf 2014 0.5 ha Launched: 2015 Total Area: 2.4 ha Mainroad Ownership: 100% 100% Progress: 86% 81% Infrastructure: Semi gross area: Expected Completion: 229 units Ownership: 20,782 sqm 2019 Progress: Expected Completion: 2019 Expected Completion: 2022 Condominium: Tower D & E: Market: Total units: Semi gross area: Sold: ASP 1H19: Strata title 672 units 46,797 sqm 9,784 sqm (21%) Rp 41.7 mn/sqm Condominium: Tower A, B, F, G, H Market: Total units: Semi gross area: Sold: ASP 1H19: Launched: Expected Completion: 2019 Phase 1-2 condominium (Tower 1 & 2) Total area: Office Semi gross area: 23,732 sqm Strata title Strata title 177 units 16,505 sqm 9,754 sqm (59%) Rp 25.7 mn/sqm 14 January 2016 Condominium Tower C, E Market: Strata title Total units: 52 units Semi gross area: Launch: 4,277 sqm TBD Market: Sold: ASP 1H19: Retail Semi gross area: Market: Hotel + Function Semi gross area: Market: 7,532 sqm Market: Strata title Semi gross area: 27,174 sqm 12,679 sqm (53%) Rp 39.2 mn/sqm Sold: 23,824 sqm (88%) ASP 1H19: Rp 27.0 mn/sqm Note: 5,077 sqm Lease 7,640 (145 rooms) Lease Phase 2 TBD - 3 condominium towers & townhouse 37 32#38Development Income - High Rise & Landed Residential CBD Surabaya Sumatra 36 Launched: Type: Total Area: Semi gross area: Sold: 2011 High Rise 0.2 ha 9,020 sqm 4,452 sqm (49%) ASP 1H19: Rp 25.1 mn/sqm South Jakarta Tangerang Masterplan Talaga Bestari intiland South Jakarta SOUTH GROVE South Grove Launched: 1995 Infrastructure: Future Toll Road, Future MRT Land bank: 76 ha Area developed: 115 ha Land ASP: Rp 4.2 mn/sqm Remarks: Key catalyst - Lion City, a 30 ha of land purchased by Lion Air for training center, warehouses, dormitories Total Area: Ownership: Total Units: Launched: Infrastructure: Sold Units: Land ASP 1H19: Building ASP 1H19: 0.5 ha 100% 15 units 2018 MRT, Roll Road 4 units (27%) Rp 19.0 mn/sqm Rp 10.1 mn/sqm Tangerang Project Facts Development Sold Harmony The Hills Harmony - 214 houses Harmony 2-111 houses 95% 207 houses 100% Fluora 212 houses 93% The Forest Phase 1 191 houses 40% Pinang Residence Taman Palem 1 1,876 houses 97% Launched: Ownership: Total area: Infrastructure: Total units: Sold units: Land ASP 1H19: Building ASP 1H19: 2019 100% Magnolia Taman Palem 2 417 houses 24% 0.5 ha Total Area: Mainroad, MRT 17 units Real Estate 615 houses 82% Ownership: Launched: 1 unit (6%) Plaza D'Captiva 201 shophouses 63% Sold Units: Rp 20.0 mn/sqm Jungle Walk Land ASP 1H19: 136 shophouses 17% Rp 8.5 mn/sqm Building ASP 1H19: 14.7 ha 52.5% 2015 233 units (44%) 5.0 mn/sqm 5.0 mn/sqm 38#39Development Income South Jakarta Serenia Hills intiland West Surabaya Graha Natura Phase 1 Type Land Area Development Plan Phase 1 Residential 10 ha Phase 2 Residential Cluster GLA Launched Development Plan Sold Cluster A 5.9 ha 2010 105 units 96% 16 ha Cluster B 5.4 ha 2010 85 units 100% Regent Signature 187 units 74 units Titan 59 units Cluster C 6.0 ha 2010 58 units 100% Ultimate 51 units Venture Barat 84 units Cluster D 8.4 ha 2010 93 units 100% Venture Timur 62 units Garden 0.6 ha 2014 31 units 100% Quantum 75 units Ville 1 Total 261 units Garden Total 331 units 0.6 ha 2015 24 units 96% Ville 2 Soho (BS) 0.6 ha 2014 27 units 100% Launched 2011 & 2012 Sold 2013 & 2014; 2017 (Quantum) Soho (DS) 1.0 ha 2016 37 units 97% Regent 172 units (92%) Signature 73 units (99%) Titan 59 units (100%) Ultimate 46 units (90%) Phase 2 Venture Barat Venture Timur 83 units (99%) 62 units (100%) Developmen Cluster GLA Launched Sold t Plan Total 245 units (94%) Quantum Total 75 units (100%) Edenia 5.4 ha 2016 212 units 82% 325 units (98%) (E&F) Gravillea 1.8 ha 2018 45 units 62% Land ASP 1H19 Building ASP 1H19 Rp 14.6 mn/sqm Rp 16.4 mn/sqm (Quantum: Rp 18.5 mn/sqm) Acacia 1.1 ha 2019 52 units 13% Rp 8.5 mn/sqm Rp 8.5 mn/sqm (Quantum: Rp 7.2 mn/sqm) ASP 1H19: Land: Infrastructure: MRT, Shuttle Bus 9.1 mn/sqm Building: 9.2 mn/sqm 39#40Development Income Type: Mixed used & high rise Tangerang Aeropolis intiland East Java Ngoro Industrial Estate Total Development: 505 ha Projects Launched Year Year Total Total Sold Launched Completed (Unit) (Sqm) (Sqm) ASP 1H19 (Rp mn/m2) Construction (%) Aeropolis Residence 1 & 2011 2014 1,153 25,126 22,980 9.3 100% Commercial Park Aeropolis Residence 2 2012 2017 1,048 20,248 20,163 10.3 100% Aeropolis Residence 3 2018 (T1) 2014 E 2019 1,446 24,107 20,191 11.3 100% (T1), 95% (T3) Launched: Infrastructure: 1991 (1st phase) 2010 (2nd phase) Natural gas, power substation, waste water treatment, telecommunication Access: Toll road, main road, 45 km from Surabaya, 50 km from Tanjung Perak Seaport, 50 km from Juanda International Airport (Tower 1, 3, 5) (T3 & 5) 91% (T5) Sold: 323 ha Land bank: ± 87 ha Aeropolis Crystal 2018 (T2) 100% (T2) 2013 393 Residence (Tower 2, 3) 14,016 13,360 10.5 ASP 1H19: 2019 (T3) Rp 2 mn/sqm 100% (T3) Aeropolis Lucent 2016 E 2019 253 7,129 2,756 20.2 52% Residence Total 4,293 90,626 79,450 Tenancy Unicharm, Mitsui-Soko, Hitachi, HB Fuller, Yakult, Roman Ceramic, Mulia Ceramic (Dharma Persada Gemilang), Cort Indonesia, Toyota Astra Motor, etc. In Aeropolis Techno Park 2014 E 2019 42 Phase 1-1 Land: 20,937 Building: 18,492 Land: 17,097 Building: 14,807 Land: 9.0 Building: 3.7 Facility & Services progress Aeropolis Techno Park 2015 E 2019 70 Phase 1-2 Land: 14,530 Building: 5,952 Land: 10,874 Building: 3,216 Land: 8.3 Building: 4.5 In progress Export Processing Zone, Standard Factory Building, Warehouse, Commercial Area, Clinic, Bank & ATM, Office Space, Guest House, Outdoor Sport, Police Station, Internal Security, Fire Brigade. 40 40#41Recurring Income South Jakarta intiland CBD Jakarta CBD Surabaya West Surabaya Launched: South Quarter Infrastructure: Ownership: Progress: Office (Tower A, B, C) Lettable space: Leased space: Asking base rent: 2012 MRT, Shuttle Bus, Toll Road 51% 100% 76,793 sqm 56,873 sqm (74%) Rp 280,000/sqm/month Retail Lettabe space: Leased space: Asking base rent: 7,516 sqm 5,508 sqm (73%) Rp 300,000-Rp 350,000/sqm/month Intiland Tower Jakarta Intiland Tower Surabaya Ownership: 100% Total area: Total area: 0.8 ha Mainroad, MRT Infrastructure: Office Tower Lettable space: 25,470 sqm Leased space: 17,776 sqm Available space: 7,694 sqm Occupancy: 70% Avg. gross rent: Rp 274,600/sqm/month South Jakarta Ownership: Infrastructure: Lettable space: Leased space: Available space: Occupancy: Avg. gross rent: 0.5 ha 100% Mainroad 19,568 sqm 12,844 sqm 6,725 sqm 66% Rp 185,700/sqm/month Launched: Total area: Ownership: Infrastructure: Spazio Retail (include terrace) Lettable space: Leased space: Occupancy: Avg. gross rent: 2010 0.8 ha 75% Mainroad Rp 84,000/sqm/month Development Income Office Tower Total area (SGA): Market: Sold: 5,124 sqm 3,989 sqm 78% 16,019 sqm Strata title 15,182 sqm (95%) Ownership: Total area: Infrastructure: Poins 50% 2.5 ha MRT 41 44#42Recurring Income West Surabaya National Pipeline Projects SITE ACCESS West Surabaya Site Location CURRENT SECONDAR ARTERIAL ROAD FUTURE SECONDARY ARTERIAL ROAD intiland West Jakarta Total Area: National Hospital Infrastructure: Ownership: Development Bed capacity: 0.85 ha Mainroad 37.5% 205 beds 123 wards GP and Specialists: Nurses: 98 person Center of Excellence: 151 person Neurosurgeon Note: On April 11, 2015, Indonesian Museum of Records (MURI) awarded National Hospital as the first hospital in Indonesia to perform Parkinson surgery, tremor procedure, and Deep Brain Stimulation installation. Intiwhiz Hotel Chain The Company, through its subsidiary PT Intiwhiz International, has embarked on hospitality business by opening medium-class hotels suited to value-conscious, frequent travelers. Under the brand Whiz (two star-plus), Whiz Prime (three-star) and Grand Whiz (four-star) Hotels, the hotel chain spreads in big cities such as Jakarta, Surabaya, Semarang, Bali and Yogyakarta. Ownership: Total area: Location: Tierra 100% 6.3 ha Plaza Segi Delapan, West Surabaya Mainroad 2 condominium towers Total land area: Ownership: Total area: Location: West One City Infrastructure: 40% 21 ha Daan Mogot, West Jakarta Train, busway, JORR toll road Building plot ratio: 4-5 High-rise residential Strata title office Market: Middle class Infrastructure: Phase 1 Information - 10,760 sqm Project Information Condominium Tower 1 Market: Strata title Estimated SGA: 9,695 sqm Estimated launch date: 2020 Others Condominium Tower 2 roads, Completed the construction of front entrance, infrastructure and Market: Strata title marketing office. Estimated SGA: 21,161 sqm Estimated launch date: 2020 Podium / SOHO and Commercial Area Market: Estimated SGA: Strata/Lease ,221 sqm 42 42#43THANK YOU#44Contact Us Nathan Tanugraha [email protected] Investor Relations PT Intiland Development Tbk Intiland Tower, Penthouse Floor Jl. Jend. Sudirman 32 Jakarta 10220 Indonesia Tel: +62 21 5701912 Fax: +62 21 5700015 www.intiland.com