#1ROSE BRAND MINYAK GORENG SAWIT DIFORTIFIKASI VITAMIN A A KRISTAL PL Manis & Bersih Membuat masakan menjadi Gurih dan Lezat Superbrands) 2013 ISI BERSIH: 2L ROSE BRAND 902 Berat Bersih 1 kg PREMIUM* GULA TEBU DIPRODUKSI OLEH: PT. ADI KARYA GEMILANG SUNGAI BUDI GROUP LAMPUNG 35244 INDONESIA i oleh: ARU LAMPUNG Tbk ROUP INDONESIA SNI S ท PT. TUNAS BARU LAMPUNG TBK (IDX: TBLA) Investor Presentation 2021 Dec 2021#2DISCLAIMER These materials have been prepared by PT Tunas Baru Lampung Tbk (the “Company”) and have not been independently verified. No representation or warranty, expressed or implied, is made and no reliance should be placed on the accuracy, fairness or completeness of the information presented or contained in these materials. The Company or any of its affiliates, advisers or representatives accepts no liability whatsoever for any loss howsoever arising from any information presented or contained in these materials. The information presented or contained in these materials is subject to change without notice and its accuracy is not guaranteed. These materials contain statements that constitute forward-looking statements. These statements include descriptions regarding the intent, belief or current expectations of the Company or its officers with respect to the consolidated results of operations and financial condition of the Company. These statements can be recognized by the use of words such as "expects," "plan," "will," "estimates," "projects," "intends," or words of similar meaning. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those in the forward-looking statements as a result of various factors and assumptions. The Company has no obligation and does not undertake to revise forward-looking statements to reflect future events or circumstances. These materials are for information purposes only and do not constitute or form part of an offer, solicitation or invitation of any offer to buy or subscribe for any securities of the Company, in any jurisdiction, nor should it or any part of it form the basis of, or be relied upon in any connection with, any contract, commitment or investment decision whatsoever. Any decision to purchase or subscribe for any securities of the Company should be made after seeking appropriate professional advice.#3Company Milestones 1974 2000 2004 2004 2006 2012 2013 2016 2017 2018 2020 Public listing in the IDX. 2nd CPO mill commence operation Join RSPO and extend FOSFA membership Sugar refinery commence operation Sugar mill commence operation Strong sales growth despite Covid 19 pandemic PT. Tunas Baru Lampung was established TBLA's first corporate bond issuance Acquired 3rd CPO mill Started oil palm to sugar cane conversion program in Lampung estate First biodiesel plant commence operation Successful issuance of US$200mn global bond and IDR1tn IDR bond 1#4Company Structure Shareholding & Subsidiaries (30 September 2021) PT. SUNGAI BUDI (28.08%) PT. BUDI DELTA SWAKARYA (27.19%) BSA (99.97%) Oil Palm Plantation PUBLIC (44.65%) OTHERS (0.08%) PT. TUNAS BARU LAMPUNG Tbk (IDX:TBLA) BDP (99.99%) Oil Palm Plantation BNIL (99.99%) Sugar cane Plantation BNCW (99.90%) Oil Palm Plantation BTLA (99.71%) Oil Palm Plantation AKG (99.80%) Oil Palm & Sugar Cane Plantation, Sugar Mill & Refinery ABM (99.90%) CPO Mill (99.90%) Oil Palm Plantation SUJ (99.23%) Oil Palm Plantation BPG (85.00%) Oil Palm Plantation SJP DGS (29.41%) Sugar Cane Plantation TBLA I (100%) Holding BSA PT. Bumi Sentosa Abadi AKG PT. Adi Karya Gemilang DGS PT. Dinamika Graha Sarana BDP PT. Budi Dwiyasa Perkasa ABM PT. Agro Bumi Mas TBLA I TBLA International Pte Ltd BNIL PT. Bangun Nusa Indah Lampung BPG PT. Bumi Perkasa Gemilang TB I Tunas Baru Lampung Pte Ltd BNCW PT. Budi Nusa Cipta Wahana SJP PT. Solusi Jaya Perkasa BTLA PT. Bangun Tata Lampung Asri SUJ PT. Samora Usaha Jaya 2 TB I (100%) Investment, Trade, Consultation#5Business Segmentation Upstream: Crude Palm Oil 1. Oil Palm Palm Plantation & Mill Downstream: Cooking oil, FAME Refinery (+ Biodiesel) ROSE BROSE BRAND ROSE BRAND Type CPO Mills PKO Mills 2. Sugar Mills Sugar Cane Plantation & Mill Sugar Refinery Tons/annum 1,800,000 270,000 Palm Plantation Type Size (Ha) Planted 59,653 Mature 48,468 TOTAL 76,721 Type Refinery & Biodiesel Palm Oil Refinery(1) Biodiesel(2) ROSE BRAND Sugar Mill Sugar Refinery Туре Sugar Mill Tons of cane/day 8,000 Type Tons of cane/day Sugar Refinery 900 Sugar Cane Plantation Type Size (Ha) Tons/annum Cane Plantation 14,149 1,110,000 315,000 GULA KRISTAL PUTIH Manis & Bersih GULA KRISTAL PUTIH Manis & Bersih GULA KRISTAL PUTIH ROSE BRAND ROSE BRAND 3 ROSE BRAND Berat Bersih 1 kg GULA TEBU РОМ 20 ROSE BRAND Berat Bersih 1 kg PREMIUM⭑ GULA TEBU NETTO:50 KG SNI DIPRODUKSI OLEH PADI KARYA LANG BANDAR LAMPUNG 35244 INDONESIA#6Plantation Profile Estate Location & Size - 30 September 2021 SUMATERA LAMPUNG Oil Palm Nucleus PALEMBANG Oil Palm Nucleus PONTIANAK Oil Palm Nucleus Mature 6,543 Mature 13,443 Immature 1,293 Immature 6,480 Unplanted 9,699 Unplanted 1,072 Oil Palm Plasma Oil Palm Plasma Mature 122 Mature 2,680 Immature 178 Unplanted 72 Unplanted 18 TOTAL Total Oil Palm 32,374 Total Oil Palm 9,226 OIL PALM Sugar Cane Landbank Planted 6,000 564 Mature 18,731 Immature 1,902 Unplanted 5,104 Oil Palm Plasma Mature 9,792 Total Oil Palm 35,529 Sugar Cane Landbank 18,518 Planted 13,276 4 Oil Palm Nucleus BORNE Total Mature 38,717 Immature 9,675 Unplanted 15,875 64,267 Oil Palm Plasma Mature 12,594 Immature Unplanted Total 178 90 12,862 JAVA Total Oil Palm 77,129 SUGAR CANE Landbank Planted 24,518 13,840#7Oil Palm Age Profile Hectares - 30 September 2021 Lampung 6,689 4,638 3,698 1,902 6,480 13,498 5,738 Palembang 6,238 4,147 0 0-3 4-9 10-14 15-19 20+ 0-3 4-9 10-14 15-19 20+ Pontianak Total 16% 20% 24% 18% 22% 4,021 2,644 1,471 14,897 13,498 12,080 10,836 9,853 0 0 0-3 4-9 10-14 15-19 20+ 0-3 4-9 10-14 15-19 20+ 5#8Production Facilities TBLA is an integrated manufacturer of oil palm and sugar products with well-invested mills, refineries and factories strategically located throughout Indonesia. Margarine Location Tons/annum Tons/hour Medan Riau Pontianak East Java 108,000 18 Padang Biodiesel Bengkulu Location Tons/annum Tons/day Palembang Lampung 315,000 1,050 Lampung* 450,000 1,500 Lampung TOTAL 765,000 2,550 *Under construction (Exp completion 4Q2022) CPO Mill East Java PKO Mill Palm Cooking Oil, Stearin & PFAD Facility Soap Factory Margarine Factory Sugar Mill Sugar Refinery CPO Mills FFA Esterification Plant Location Tons/annum Tons/hour Location Lampung 1,125,000 225 Lampung* Tons/annum 30,000 Tons/day Biodiesel Plant 100 *Under construction (Exp completion 1Q2022) Palembang 450,000 90 Pontianak TOTAL 225,000 45 Palm Oil Refinery Location Lampung Soap Tons/annum Tons/hour 13,750 2.25 1,800,000 360 Sugar Refinery Location Tons/annum Tons/day Palembang 13,750 2.25 TOTAL 27,500 4.5 Lampung 510,000 1,700 PKO Mills Location Lampung Tons of cane/day 900 Lampung* 750,000 2,500 Location Tons/annum Tons/day Refined Glycerin Plant Palembang 300,000 1,000 Lampung Palembang 210,000 700 Sugar Mill East Java 300,000 1,000 Location Tons/annum Tons/day 60,000 200 TOTAL 1,860,000 6,200 Lampung* 36,000 120 TOTAL 270,000 900 Location Lampung Tons of cane/day 8,000 *Under construction (Exp completion 3Q2022) *Under construction (Exp completion 1Q2022) 6#9Production Facilities Oil Palm Mill (45 ton/hour) - Sukadana, Lampung STERILIZER LOADING RAMP STORAGE TANK CPO NO:1 STORAGE TANK CPO NO:2 STORAGE TANK 7 PABRIK PKS 6#10Production Facilities New Oil Palm Mill (45 ton/hour) - Pontianak, West Kalimantan 8#11Distribution Platform NATIONWIDE DISTRIBUTION - 23 marketing offices across Indonesia, with access over 48,000 distribution outlets. 齊 Padang Bengkulu Medan Riau Pontianak Lampung Palembang East Java 2X BRAND BRAND ROSE BRAND NYAK GORENG OSE BRAN ROSE BRAND 2X MINYAK GORENG E-COMMERCE CHANNEL- Rose Brand official shop in major E-Commerce platform including Shopee and Tokopedia Rose Brand Store > Rose Brand Pilihan Terbaik Cari di TokoOSE BRAND Filter Q Cari di Toko Filter ROSE BRAND Online 1 jam lalu • Jakarta Selatan 4.9 Rating & Ulasan B 4 Rose Brand Official Store > + Ikuti Toko ROSE BRAND POSE BRAND ROSE BRAND ± 6 Jam BEBAS ROSE BRAND Pesanan diproses ONGKIR Ja MADE FOR THE FINEST COOKING Aktif 5 jam lalu Chat Bihun Instan Ruse Brand Shopee Hall Nikmatinya Bikin Hepi BIG RAMADAN 4.9/5.0 Chat Follow Dari Pembeli 44RB Pengikut 89% Performa chat SALE tokopedia WIB GEBYAR KOLEKSI SPESIAL AG TRAKTIRAN ULANC TAHUN NANTIKAN 17-31 AGUSTUS CASHBACK hingga -100 GRATIS ONGKIR gosend Cek Sekarang Rose Brand Pilihan Terbaik ROSE BRAND An Ingredient Brings a Perfect Taste ROSE BRAND An ingredient Brings a Perfect Taste Produk lain dari Rose Brand Rose Brand ROSE BRAN ROSE BRAND ROSE BRAND OSE BRAND ROSE BRAND EBRAND Produk Kategori FLASH PRODUK PILIHAN TERBAIK Minyak 2 Liter Rp30.200 Guia Premin Rp13.400 Tepung Beras Rp 7.600 Santan 1 Liter Rp37.600 FLASI Q Cari di Toko Futer Toko Produk Kategori FLASH KOTA JAKARTA SELATAN KOTA JAKARTA SELATAN 14% Moll 11% Mall PAKET OFF MINYAK GORENG ROSE BRAND IL (6PCS) Toko Produk Kategori ROSE BRAND FASH SALE Dimulai Pada 12:00 Besok Lihat Semua > ROSE BRAND Spatan Tepung Tapioka Gunung Agung Merah 500gr Rp 7.000 Rp 7.529 6 pengingat diatur ROSE BRAND 9.9 RATHA ROSE BRAND PILIHAN TERBAIK 9.9 RAAKIRA Rose Brand Super Bihun kemasan 400 Gram R10 500 Rp9.300 Bundle Minyak Goreng Rose Brand 1 Liter (6 Pcs) FINE Ingatkan Saya Rekomendasi 1RB terjual KOTA JAKARTA SELATAN Rp 12.000 Rp96.030 ♡ 395 terjual KOTA JAKARTA SELATAN Moll 11% Mall ROSE BRAND Mall Reborn Sud Past Paki 21% Mall RO OFF RO OFF RO: OFF RO OFF pak TANI MARGARINE PILIHAN TERBAIK PAKET FREE TAI SEBUT COCO Sembako Spesial Rose Brand Tapioka Cap Tani Gunung 1 D ↑ Food & Beverages Makanan Instan 9 Food & Beverages TAQRARO ROSE BRAND 99 TRA 9.9 ONGKIAKILA SA ATRASY 99 TRASACK AIRA Tepung Beras Rose Brand 500 gram Rose Brand Minyak Goreng 1 Liter Murah Lebay F Rp 500 Rp7.500 Re18.000 Rp16.600. 40 Bev ♡ ***** 3,9RB terjual ♡ ***** 4,2RB terjual Rp 500 Rp22.800 ♡ **** 574 terjual KOTA JAKARTA SELATAN ♡ BACK ATRA Rose Brand Bihun Instant Goreng 10 pcs 9.9 ORA CASTTRA Bihun Instant Asam Pedas 10 pcs R2400 Rp22.000 ***** 365 tefal KOTA JAKARTA S#12ESG guiding principles ISPO Certification TBLA plantation and mills are adhering to strict ISPO guidelines and in the process of obtaining ISPO certification for all plantations and production facilities. Sustainability Apply Good Agricultural Practices (GAP) such as strict zero burning policies. Maintains a high standard of sustainability practices, for new plantation development and management of existing plantations Green Energy & Recycle Reduce carbon emissions through the operation of two biogas power plants in Lampung. All six CPO mills and sugar mills uses biomass to produce electricity. Active participant in Biodiesel initiative. 33% of oil palm revenue is generated from production and sales of biodiesel, which is a sustainable substitute for pure petroleum diesel. Using biodiesel as a transportation fuel increases energy security, improves air quality and the environment, and provides safety benefits Social Contributions Uplift local economy. Engage, support and enable the local cooperatives under the Plasma Program in Palembang, Lampung and Pontianak with total planted area of 12,772 Ha. The collaboration with locals and assist in conversion of un-utilized land into productive income-generating plantation. 10#13Palm Oil Production Highlights FFB Harvest Volume ('000 Ton) Nucleus ■Plasma ■3rd party purchase 1002 829 702 620 693 219 382 172 215 197 296 157 149 142 646 723 542 593 480 367 373 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 9M2021 Cooking Oil (Ton) 295,768 240,081 CPO (Ton) 281,638 IT 374,692 335,134 222,040 165,823 T FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 9M2021 Biodiesel/FAME (Kilo Liter) 264,180 271,255 276,889 215,872 223,090 208,048 222,163 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 9M2021 11 157,326 96,526 69,085 297,469 294,545 259,820 FY2016 FY2017 FY2018 FY2019 FY2020 9M2021#14Sugar - Industry Dynamic Refining Milling CANE PLANTATION SUGAR MILL IMPORTED RAW SUGAR NOTE: Governed by quota system through Ministry of Trade SUGAR REFINERY Indonesia's sugar production vs consumption (Million Ton) GULA KRISTAL PUTIH GULA KRISTAL PUTIH PREMIUM ROSE BRAND SUGAR PREMIUM GULA KRISTAL PUTIH ROSE BRAND NETTO:50 KG SNI SUGAR 7.05 7.20 Consumption -Production 6.80 5.33 5.52 5.62 5.70 5.80 6.00 4.70 4.76 4.25 4.34 4.50 4.00 4.10 3.34 2.78 2.10 2.24 2.30 2.45 2.60 2.59 2.54 2.58 2.28 2.26 2.40 2.20 2.10 2.17 2.22 2.13 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 12 2015 2016 2017 2018 2019 2020 Source: Kontan, Kemendag, Agroindonesia, 2020 consumption based on USDA estimates#15Sugar - Industry Dynamic Sugar Price (IDR/Kg) 9,700 8,900 9,100 9,100 9,100 9,100 8,100 8,100 8,250 7,000 6,350 6,032 6,161 5,986 5,681 5,350 5541 5,064 4,779 4,885 4,502 4,342 4,458 4,656 4,441 4,634 4690 4,307 4,423 3,699 3,688 3,326 3,307 3,549 3,704 3585 April 09 April 10 April 11 April 12 April 13 April 14 -Indonesia's sugar floor price (HPP Gula - Deperindag) April 15 April 16 -Raw sugar (CSCE Sugar #11) April 17 April 18 April 19 Refined sugar (London white sugar #5) Apr-20 Note: •Indonesia's floor price for sugar is set by the Ministry of Trade before the start of the milling season in April of each year. •Raw sugar price as quoted on the New York Coffee, Sugar and Cocoa Exchange (CSCE). •Refined sugar price as quoted on the LIFFE ⚫ For illustration purposes, Price for International raw and refined sugar were converted from USD/Pound to IDR/Kg based on the average USD: IDR exchange on the first week of April of each particular year: April 2009 = Rp11,200, April 2010 = Rp8,880; April 2011 = Rp8,460; April 2012 = Rp8,960; April 2013 = Rp9,500; April 2014 = Rp11,100, April 2015 = Rp12,900, April 2016 = Rp13,182, April 2017 = Rp13,200, April 2018 = Rp14,000, April 2019 = Rp14,000 SUGAR CONSUMPTION PER CAPITA 2015/2016 (KG) 57.2 56.2 50.5 38.3 33.9 21.8 21.7 21.5 Malaysia Singapore Australia Thailand USA Philliphines Indonesia Vietnam 13 Source: USDA sugar consumption#16Integrated Sugar Production Plantation, Mill & Refinery SUGAR MILL - Capacity 8,000 TCD (Ton Cane Day), or + 100,000 ton of sugar per annum LAMPUNG PT. AKG PT. BNIL PT. TBL SUGAR REFINERY - Capacity 900 TON/DAY (324,000 TON/ANNUM) 14#17Sugar Cane Plantation Accelerated Growth Cane Plantation (Ha) 14,149 12,105 12,493 10,640 10,455 7,929 4,516 1,305 1,736 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 15#18Revenue highlights IDR/USD at Rp14,000 for illustration purpose 9M2021 - REVENUE Rp11.1tn / USD792mn 9M2021 "Others" include: Margarine, Soaps, Palm expeller, Glycerin, Biogas, Slopy fatty acid, Glycerin, PKFD, Molasses 6.5% 3.6% 7.1% SUGAR 16.0% 25.5% COOKING OIL 3.9% BIODIESEL ■ РКО 49.6% STEARINE 34.4% 24.9% ■FFA OTHERS 28.5% 9M2020 "Others" include: CPO, Margarine, Soaps, Palm expeller, Palm kernel, sloppy fatty acid, 5% 3.1% 4.5% Biogas, PKFD, Molasses 2.5% 26.1% 9M2020 - REVENUE Rp8.1tn / USD576mn 28.2% ■SUGAR 12.3% 30.6% ■COOKING OIL BIODIESEL PKO 29.6% STEARINE 58.1% FFA OTHERS 16 DOMESTIC (IDR) DOMESTIC (USD Linked) EXPORT (USD) I DOMESTIC (IDR) I DOMESTIC (USD Linked) EXPORT (USD)#19Sales highlight 267,737 +29.1% 207,310 SALES VOLUME (TON) 9M2021 9M2020 243,277 +12.6% Sugar +6.4% 259,363 243,691 215,961 Cooking oil FAME (Biodiesel) ASP (Rp/Kg) 9M2020 9M2021 -11.1% +23.1% 12,978 11,899 +23.5% 10,573 10,543 10,661 8,629 Sugar Cooking oil 17 FAME (Biodiesel)#20P&L Highlight IDR millions 4,504,294 REVENUE 8,065,544 6,609,403 6,290,429 6,344,579 11,092,564 758,904 1,230,650 OPERATING PROFIT 1,249,809 1,236,618 1,267,601 1,453,978 9M2016 9M2017 9M2018 9M2019 9M2020 9M2021 9M2016 9M2017 9M2018 9M2019 9M2020 9M2021 1,042,643 EBITDA 2,037,457 1,818,895 1,688,003 1,585,244 1,466,361 469,847 NPAT 725,153 541,203 503,261 407,509 553,429 9M2016 9M2017 9M2018 9M2019 9M2020 9M2021 9M2016 9M2017 9M2018 9M2019 9M2020 9M2021 18#21Consistent Growth IDR billions EBITDA 779 678 655 476 495 403 352 203 192 214 1,444 1,096 873 2,533 2,371 2,226 2,223 2,037 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 9M2021 Sugar refinery commenced Biodiesel plant Sugar mill commenced commenced operation operation operation 19#22Leverage Matrix Debt Coverage Ratios 4,394,495 1.55 2,887,355 872,735 FY2015 5,653,790 3,652,984 1,443,513 FY2016 Net Debt/Equity 1.50 1.40 133 ■Net Debt Equity EBITDA Figures in IDR Millions 5,646,467 4,256,654 2,226,108 7,158,706 4,783,616 9,355,304 9,083,010 7,519,193 6,313,099 5,888,856 5,362,924 2,533,274 2,751,837 2,371,393 2,222,897 FY2017 FY2018 FY2019 1.54 3.92 1.48 Net Debt/ EBITDA FY2020 9M2021 Note: Annualized EBITDA and interest expense EBITDA / Interest Exp 3.59 3.38 3.40 5.14 3.02 4.79 2.54 3.51 3.20 3.17 3.06 FY2016 FY2017 FY2018 FY2019 FY2020 9M2021 FY2016 FY2017 FY2018 FY2019 FY2020 9M2021 FY2016 FY2017 FY2018 FY2019 FY2020 9M2021 20#23Board of Commisioner APPENDIX - Management Profile Santoso Winata President Commissioner Indonesian. Joined Sungai Budi Group in 1982. Mr. Winata is also the Vice Chairman of Sungai Budi Group and President Director of PT Budi Starch & Sweetener Tbk since 1987. He has been the President Commissioner of TBLA since 1990. Albert Oey Commissioner Indonesian. Joined Sungai Budi Group since 1998. Mr. Oey is also a director at PT Budi Starch & Sweetener Tbk. He was appointed as Commissioner of TBLA in 1999. Justinus Aditya Sidharta Commissioner Indonesian. Joined the Company since 2016 as an Independent Commissioner. His past and current appointment include: Independent Commisioner at PT. Catur Sentosa Adiprana Tbk (2015 Present), Managing Director at justinus a Sidharta CPA firm (2011 - present), Deputy Managing Director at Johan Malonda Astika & Partnerts (1998 - 2010).#24Board of Directors APPENDIX - Management Profile Widarto President Director Indonesian. Joined Sungai Budi Group in 1966 and appointed as Chairman of the group in 1985. Mr. Widarto has been in charged as President Director of TBLA since 1986. He is also currently the President Commissioner of PT Budi Starch & Sweetener Tbk. Sudarmo Tasmin Deputy President Director Indonesian. Obtained Master of Economic degree from Trisakti University in 1981. Started his career as auditor in Public Accountant Firm Santoso Reskoatmojo (1981-1982) before serving as internal auditor in PT. Inti Salim Corpora (1982-1984). Mr. Tasmin joined Sungai Budi Group in 1984 and was appointed as director in 1986. Mr. Tasmin was put in charge as Deputy President Director of TBLA in 1999. He also presently serves as Vice-President Director of PT Budi Starch & Sweetener Tbk. Alfred Oey Director Indonesian. Obtained Bachelor of Science in Business Administration Major Finance of Ohio State University, Colombus, USA in 2000. Joined Sungai Budi Group in 2000 and was appointed as the Director of TBLA in 2002. Djunaedi Nur Director Indonesian. Obtained Master of Economic degree from Trisakti University in 1978. Previously served as Manager of Administration and university instructor of Economics Faculty both at Trisakti University (1972- 1982). He joined Sungai Budi Group in 1982 and was appointed as General Manager in a number of Sungai Budi group companies until 1990. He was appointed as Director of Sungai Budi Group since 1991, Commissioner of PT Budi Starch & Sweetener Tbk since 1994 and Director of TBLA since 1997.#25Board of Directors APPENDIX - Management Profile Chin Poh Peng Director Malaysian. Joined TBLA Board of Director in 2018. Obtained bachelor degree in agriculture from Malaysia Agriculture University. Worked for Guthrie Malaysia from 1979 to 1997 where last position hold was agronomist consultant. Joined Tropicrop group as CEO from 1997 up until 2010. Worked for PT. SMART Tbk as Head agronomy audit & advisory up until 2014. Joined Sungai Budi group in 2016 as Head of Plantations. Murugaiah Perisamy Director Malaysian. Joined TBLA Board of Director in 2018. Obtained executive master degree in plantation & estate management from e-Malaysia University. Started his career in Guthrie Malaysia in 1972 as senior conductor. Joined Sungai Budi in 1998 as Plantation Manager and holds various position within the group over the last 20 years. Last position hold was plantation general manager from 2015 2018. Mawarti Wongso Director Indonesian. Obtained Bachelor of Economics from Trisakti University, Jakarta. Started her career at Malonda & partners public accountant in 1990. Joined Sungai Budi group in 1994 as a financial controller. Ms Wongso previously served as corporate secretary at PT. Budi Starch & Sweetener Tbk up until 2015.