#1PT. Indosat Tbk. Results for the half-year ended 30 June 2022 ('1H22') indosat OOREDOO HUTCHISON United for Indonesia#2Disclaimer indosat OOREDOO HUTCHISON PT Indosat Tbk ( "Indosat Ooredoo Hutchison" or the "Company") cautions investors that certain statements contained in this document state its management's intentions, hopes, beliefs, expectations, or predictions of the future which are forward-looking statements The Company wishes to caution the reader that forward-looking statements are not historical facts and are only. estimates or predictions. Actual results may differ materially from those projected as a result of risks and uncertainties including, but not limited to: O O O O O O O O O O C The Company's ability to manage domestic and international growth and maintain a high level of customer service Future sales growth Market acceptance of the Company's product and service offerings The Company's ability to secure adequate financing or equity capital to fund our operations Network expansion Performance of the Company's network and equipment The Company's ability to enter into strategic alliances or transactions Cooperation of incumbent local exchange carriers in provisioning lines and interconnecting our equipment Regulatory approval processes Changes in technology Price competition Other market conditions and associated risks Integration of Hutchison 3 Indonesia's business and operations The Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of future events, new information, or otherwise O Indosat Ooredoo Hutchison 2022 - www.ioh.co.id#3Presented by 3 01 Nily La indosat 02 03 indosat OOREDOO HUTCHISON 2Q'22 Results Overview Vikram Sinha President Director and CEO Financial Performance Nicky Lee Director and CFO Operational Performance Vikram Sinha President Director and CEO#44 indosat OOREDOO HUTCHISON 2Q'22 Results Overview Vikram Sinha President Director and CEO#55 indosat OOREDOO HUTCHISON Solid Revenue Growth Quarter 2 - 2022 "1 Well rounded growth for IOH While in 1Q22; foundation for IOH was laid through one of the biggest mergers in the region of two highly complimentary brands - IOH has delivered solid performance in 2Q22. All financial and commercial indicators showing solid positive momentum. IOH is well poised to enhance the digital lifestyle of people of Indonesia Subscribers Growth Winning Customer Trust (NPS) Digital Subscriber Growth ARPU Growth Organically Profitable Integration Synergies – Ahead of plan#6indosat OOREDOO HUTCHISON 6 Revenue +7.2% QoQ Solid revenue growth Cellular Rev +8.3% QoQ Both brands contributing to good performance EBITDA +9.5% QoQ EBITDA growing faster than revenue Net Profit* IDR 105bn Continue to deliver organic net profits 2Q'22 Highlights Subscribers +1.6 M QOQ Increase in subscribers reflects strong traction Mobile ARPU +9.2% QoQ Rising Mobile ARPU indicative of quality customer adds MOCN integration progressing as planned Network Integration Synergy realization ahead of target Full support from vendor partners *Normalized for one-offs consisting of gain from Data Center (IDR2,997Bn), consultant cost (IDR2Bn), tax provision (IDR73Bn), deferred reversal of deferred tax impairment in 2021 (IDR167Bn) and severance gap Jiwasraya (IDR62Bn)#77 Integration is on track; Synergies ahead of plan Network Integration is the Biggest Contributor of Synergies & We Are Ahead of our Targets 01 10 Accelerated Focus. MOCN network Integration activation & Site Shutdown 05 95 indosat OOREDOO HUTCHISON 90 06 02 -0 Around 5,000 physical sites have been integrated in 1H 22 03 33 9 quarter integration plan on track. 46% of the initiatives completed 04 All partners- Huawei, Ericsson and Nokia are fully onboard to support our integration and participate in our growth Ongoing IT Integration will deliver best end-to- end customer experience Synergy realization ahead of plan through relentless execution Focus MOCN Progress Milestones Align and transform organization No disruption in Customer Experience Our priorities ahead Improve cost effeciencies Partner Support IT Integration Synergies Grow non-core revenue streams Leverage mobile and fixed customer base#88 indosat OOREDOO HUTCHISON Financial Performance Nicky Lee Director and CFO#9Solid 20'22 Performance Across All Financial Metrics indosat OOREDOO HUTCHISON 1Q'22 2Q'22 Change Revenue (IDR Bn) 10,873 11,654 7.2% EBITDA (IDR Bn) 4,380 4,798 9.5% EBITDA Margin 40.3% 41.2% 0.9% Net-Profit (Attributable to owners - IDR Bn) 129 3,132 2,332.4% Net Debt to EBITDA 9 © Indosat Ooredoo Hutchison 2022 - www.ioh.co.id 1.13x 0.85x -0.28x#10Normalized positive net-profit of 149Bn 1Q22 2Q22 YTD 2022 Reported Net Profit 129 3,132 3,260 Gain from Data Center (2,997) (2,997) Consultant Cost 5 2 7 One-off transactions related with 2021 (97) (97) tower sale transaction Tax Provision 7 73 81 Reversal deferred tax impairment in 2021 (167) (167) Severance gap Jiwasraya 62 62 Normalized Net Profit* 44 105 149 All figures in IDR BN. 10 Indosat Ooredoo Hutchison 2021 - www.ioh.co.id indosat OOREDOO HUTCHISON Positive normalized net profit driven by stellar top line performance * Net of Tax Impact#11Financial Indicators 14,984 +50.3% 22,527 1H21 1H22 -4.5pp 45.2% 40.7% 1H21 1H22 Total Revenue 10,873 EBITDA Margin +7.2% 6,778 11,654 +35.4% 9,178 1Q22 2Q22 1H21 1H22 EBITDA indosat OOREDOO HUTCHISON +9.5% 4,380 4,798 1Q22 2Q22 Net-Profit (Attributable to owners) -41.8% 0.9pp 5,598 40.3% 41.2% 1Q22 2Q22 1H21 3,260 1H22 All figures in IDR Bn. Net profit contains gain on Tower Sale (IDR +6,080Bn) in Q2'21 and gain on Disposal Investment (IDR +3,047Bn) in Q2'22 1H21 numbers pre-merger & 1H22 numbers post-merger. 11 O Indosat Ooredoo Hutchison 2022 - www.ioh.co.id +2,332.4% 3,132 129 1Q22 2Q22#12All business lines showing strong YoY momentum indosat OOREDOO HUTCHISON Cellular Revenue +57.5% 19,537 +8.3% 12,403 10,159 9,378 +14.0% 2,618 2,297 MIDI +0.2% 1,308 1,310 Fixed Telecom +31.0% 284 372 -0.8% 187 185 1H21 1H22 1Q22 2Q22 1H21 1H22 1Q22 2Q22 1H21 1H22 1Q22 2Q22 All figures in IDR Bn. 1H21 numbers pre-merger & 1H22 numbers post-merger. 12 Indosat Ooredoo Hutchison 2022 - www.ioh.co.id#13Enlarged cost base YoY in 1H 22 due to merger OPEX Performance +62.7% 13,349 indosat OOREDOO HUTCHISON 1H'21 1H'22 Change 1Q'22 2Q'22 Change Cost of Services 6,342 10,580 67% 5,286 5,294 0% Personnel Marketing 1,045 1,757 68% 721 1,036 44% 522 656 26% 296 360 21% General & Administration 297 356 20% 189 167 -11% +5.6% 8,206 6,492 6,856 >> Total OPEX 1H21 1H22 1Q22 2Q22 8,206 13,349 63% 6,492 6,857 6% Depreciation & Amortization 5,033 6,711 33% 3,310 3,401 3% Other Operating (Income)/Expenses -5,329 -3,631 32% -146 -3,485 2,285% Total Expenses 7,910 16,429 108% 9,656 6,773 30% All figures in IDR Bn OPEX increase due to seasonality and one-off in employee costs Other Inc/(Exp) include gain on Tower Sale (IDR +6,080Bn) in Q2'21 and gain on Disposal Investment (IDR +3,047Bn) in Q2'22 1H21 numbers pre-merger & 1H22 numbers post-merger. 13 Indosat Ooredoo Hutchison 2022 - www.ioh.co.id#14Increased CAPEX spend YoY while maintaining an efficient CAPEX to Revenue Ratio indosat OOREDOO HUTCHISON 2,996 Capitalized CAPEX +31.5% 3,940 1H21 1H22 CAPEX to Revenue Ratio -8.4ppt -2.5ppt 21.8% 20.0% -34.0% 17.5% 2,374 1,567 13.4% 1Q22 2Q22 1H21 1H22 1Q22 2Q22 All figures in IDR Bn. 1H21 numbers pre-merger & 1H22 numbers post-merger. 14 Indosat Ooredoo Hutchison 2022 - www.ioh.co.id#15Healthy balance sheet maintained Net - Debt Net - Debt to EBITDA -18.0% +216.7% 16,844 +0.51x 13,808 13,808 0.85 4,360 1H21 1H22 All revenue figures in IDR Bn. 0.34 indosat OOREDOO HUTCHISON -0.28x 1.13 0.85 1Q22 2Q22 1H21 1H21 1Q22 2Q22 1H21 numbers pre-merger & 1H22 numbers post-merger. 15 Indosat Ooredoo Hutchison 2022 - www.ioh.co.id#1616 indosat OOREDOO HUTCHISON Operational Performance Vikram Sinha President Director and CEO#17indosat OOREDOO HUTCHISON 17 2Q'22 Highlights +8.3% growth in cellular revenue 2Q22 QoQ +1.6 Mn Mobile customers added in 2Q22 QoQ +1.6 Mn 4G data users added in 2Q22 QoQ Highest NPS amongst BIG 4 operators for brand IM3 - 3 Brand also gains NPS +9.2% growth in blended mobile ARPU -2Q22 QoQ 9.0% growth in data traffic in 2Q22 QoQ indosat OOREDOO HUTCHISON#18Base growth with growing customer trust Brand IM3 now has the highest NPS amongst BIG 4 operators in Indonesia (Source Nielsen) indosat OOREDOO HUTCHISON 60.3 Customers NPS IM3 NPS 3 94.6 +1.6 96.2 38 25 +4.0 42 19 +3.0 34 31 Q2'21 Q1'22 Q2'22 Q2'21 Q1'22 Q2'22 Q2'21 Q1'22 Q2'22 18 Customer base in million, NPS score in absolute#19Underlying commercial indicator trend is positive Strong growth in data traffic supported by customer base growth indosat OOREDOO HUTCHISON 2,948 1 Data Traffic +9.0% 2 3 Blended Mobile ARPU 4G Data Users +1.6 Mn 3,212 68.3 70.0 32.0 Q1'22 Q2'22 +9.2% 35.0 Q1'22 Q2'22 Q1'22 Q2'22 19 Data traffic in Peta-Bytes | 4G Data Users in Million | Blended Mobile ARPU in IDR'000#20Strengthened network experience and established world-class data center company Network Roll-Out 199 indosat OOREDOO HUTCHISON BDx Indonesia Launched on Jun'22 133 +55k 124 4G BTS 69 26 -9k 3G BTS 35 49 2G BTS 29 +20k 2021 2Q 22 20 Indosat Ooredoo Hutchison 2022 - www.ioh.co.id BDX INDONESIA A JOINT VENTURE WITH INDOSAT AND LINTASARTA al TransT 0000 BDX Indonesia is a Joint Venture between IOH, Lintasarta, and BDX, to Empower Indonesia's Digital Transformation with a New Hyperscale-Focused Data Center Company#212Q 2022 Awards APAC Stevie Award 2022 Indonesia Brand Champion 2022 NOVATION TRAS CO INDONESIA BRAND CHAMPION INFO BRAND indosat OOREDOO HUTCHISON Indonesia Most Acclaimed Company 2022 CERTIFICATE DIGITAL INDONESIA 7 INNOVATION AWARDS 2022 LEADING THROUGH INNOVATION wwwwww GOLD 2022 STEVIEⓇ WINNER ASIA-PACIFIC STEVIE AWARDS Gold - Excellence in Innovation and Technology Industries NOVATION CERTIFICATE OF APPRECIATION Presented To indosat As a Brand Champion Of The Year Book Brand Champion Of The Year Top Innovation Choice Award 2022 PT India Ouredoo Hutchin indosat al Telecommunication & Media Services Industry iNews Maker Awards 2022 ARDS BRONZE 2022 STEVIE WINNER ASIA-PACIFIC STEVIE AWARDS Bronze - Innovation in Technology Management, Planning, and Implementation 21 O Indosat Ooredoo Hutchison 2022 - www.ioh.co.id TOP INNOVATION CHOICE AWARD 2022 Tri: Bima Kredit Innovation of CSR and Community Development#22We thank our customers, investors, and partners for their trust in us and continuing to give us the opportunity to serve them We will continue to do our best to provide best services and digital experiences to our customers#2323 Thank you indosat OOREDOO HUTCHISON#24Appendix - Guidance indosat OOREDOO HUTCHISON Consolidated Revenue Growth EBITDA Margin CAPEX Spent *Prospects for industry growth looking much better after Covid-19 impacted previous years O Indosat Ooredoo Hutchison 2022 - www.ioh.co.id 2022 Guidance In line w/ market* Low 40's IDR 10 trillion