#1INVESTOR COMPANY UPDATE December 2022 Finance and Investor Relations Division A leading catalyst in the acceleration on the national infrastructure development CATALYST VSMI SMI PT SARANA MULTI INFRASTRUKTUR (PERSERO)#2Financial Highlights IDR Trillion Total Assets Total Liabilities Total Equity 114.50 117.13 100.74 75.60 76.58 75.82 63.22 eq. eq. USD 7.1 bn eq. USD 5.4 bn eq. USD 8.0 bn USD 7.5 bn eq. 38.97 USD 4.9 bn eq. eq. USD 4.5 bn USD 5.3 bn 36.85 37.52 38.90 40.55 eq. USD 2.8 bn eq. USD 2.6 bn eq. USD 2.7 bn eq. USD 2.7 bn eq. USD 2.6 bn Dec19 Dec20 Dec21 Dec22 Dec19 Dec20 Dec21 Dec22 Dec19 Dec20 Dec21 Dec22 Total Revenue 5.64 6.09 Net Profit 1.91 1.83 2.16 DER** 5.19 5.07 1.70 eq. USD 0.3 bn eq. eq. USD 0.4 bn USD 0.1 bn eq. eq. eq. USD 0.1 bn eq. USD 0.3 bn USD 0.4 bn USD 0.1 bn eq. USD 0.1 bn Dec19 Dec20 Dec21 Dec22 Dec19 Dec20 Dec21 Dec22 96.37 eq. Loan Commitment USD 6.1 bn 145.17 128.29 106,14 eq. USD 6.8 bn eq. USD 8.2 bn USD 9.2 bn Dec19 Dec20 Dec21 Dec22 Loan Outstanding 93.95 80.76 70.60 62.06 eq. USD 5.0 bn eq. eq. USD 5.1 bn USD 4.4 bn 1.85 x NPL (gross) 0.76% NPL (net) 0.34% VSMI PT SARANA MULTI INFRASTRUKTUR (PERSERO) PT SMI continues to carry out additional mandate from the Government by participating in the National Economic Recovery Program related to Covid-19. NPL (net) stood stable at 0.34% eq. USD 5.9 bn Loan Loss Provision 254.93% ER 1 USD: Dec19 IDR 14,105 Dec20 IDR 14,105 Dec21 IDR 14,269 Dec22 IDR 15,731 Dec19 Dec20 Dec21 Dec22 ** the gearing ratio in accordance with the Indonesian FSA Regulation No. 29/2014 is 2.2x PT Sarana Multi Infrastruktur (Persero) | 2#3National Economic Recovery Program ("PEN") 1 IP PEN BUMN (SOE National Economic Recovery Program) Support and Competency Assessment Aspects 1 Urgency 3 Financial Government Investment SOE PEN Fund Rp 15 Trillion (eq. USD 1.03 bio) EY Centeng Surts ashurst LPEM FEB UI UNIVERSITAS INDONESIA 2 Economic KEMENTERIAN KELANGAN PT SMI's Role: Reviewing, assessing the PEN investment fund disbursement for SOES Assist the Government in monitoring the investment performance in the SOE receiving PEN funds REFUS RINUNA BU HUE H135- VENNI Mandate Deloitte. ASSEGA HAME ARTNERS LPEM FEB UI UNIVERSITAS INDONESIA Risk VSMI PT SARANA MULTI INFRASTRUKTUR (PERSERO) Return KERETA API PT KERETA INDONESIA (PERSERO) Garuda Indonesia KRAKATAU STEEL SOE Restructuring Program SMI pwc Oenieng Suita & Farmers *****astust 6 Regulation LPEM FEB UI UNIVERSITAS INDONESIA (PMK 118/PMK.06/2020) 7 Fiscal VSMI ↓ PT SARANA MULTI INFRASTRUKTUR (PERSERO) Regional Economic Recovery Program (PMK 105/PMK.07/2020 as amended by PMK 179/PMK.07/2020) 2 PEN PEMDA (Regional Economic Recovery Program) 28 Regional Governments signed the PEN Agreement with PT SMI Rp 3,5 T (Disbursed Rp 3,5 T) Rp 8,5 T (Disbursed Rp 1,0 T) Rp 3,0 T (Disbursed Rp 2,2 T) JAYA KAVA Pemprov DKI Jakarta Pemkab Sampang Pemkab Probolinggo Pemkab Sinjai Pemkot Bogor Pemprov Kep. Bangka Belitung COUAK Pemprov Sulsel Pemkab Gianyar Pemprov Sulbar Pemkab Tulang Bawang Barat Pemprov Jawa Barat Pemkab Tapanuli Utara Pemprov Sumsel Pemkab Pemkot Singkawang Pemkab Enrekang Pemprov Batubara Pemprov Bali Jawa Timur Pemkab Ponorogo Pemkab Pemprov Pamekasan Gorontalo Pemkab Gorontalo Pemprov Banten Pemkab Pulau Morotai Pemprov Banda Aceh Pemprov Maluku Pemkot Gorontalo PT SMI's Role: Manifestation of our role as a countercyclical tool for the Government to manage the impacts that occur due to significant changes in the economic situation. Pemprov Sulut *Exchange Rate: USD = IDR 15,731 Financing Status (as per Dec22) Rp 35.82 Trillion (eq. USD 2.28 bio) Total Commitment Rp 31.65 Trillion (eq. USD 2.01 bio) Total Outstanding PT Sarana Multi Infrastruktur (Persero) | 3#4P128 -->> AGENDA 1 About PT SMI 2 Business Activities 3 Financial Performance Initiatives on SDGs SMI PT BARANA MULTI INFRASTRUKTUR PERSER#5About PT SMI (a Special Mission Vehicle Of MoF) PT Sarana Multi Infrastruktur (Persero) (“PT SMI") was established in 2009 as a State-Owned Enterprise under the Indonesian Financial Service Authority Regulation Number 46/POJK.05/2020 on Infrastructure Financing Companies. Structure of PT SMI Government of Indonesia Shareholder Ministry of Finance Republic of Indonesia 100% Vision "A leading catalyst in the acceleration on the national infrastructure development" Mission 1. To become a strategic partner who provides added value in infrastructure development in Indonesia. 2. To establish flexible financing products. 3. To provide quality services which comply with good corporate governance. VSM: SMI PT SARAHA VULTI INFRASTRUKTUR (PERSERO) 30% INDONESIA INFRASTRUCTURE FINANCE PT SMI carries the duty of supporting the Government's infrastructure development agenda for Indonesia through partnerships with private and/or multilateral financial institutions including in Public-Private Partnership (PPP) projects. PT SMI has received an additional mandate given by The Government of Indonesia through Government Regulation (PP) Number 53 of 2020. VSMI PT SARANA MULTI INFRASTRUKTUR (PERSERO) PT Sarana Multi Infrastruktur (Persero) | 5#6Board of Commissioner and Directors Board of Commissioner Sukatmo Padmosukarso Iskandar Saleh Suryo Utomo Kunta Wibawa Dasa Nugraha President Commissioner & Independent Commissioner Independent Commissioner Commissioner Commissioner Edwin Syahruzad President Director Directors Sylvi J. Gani Darwin T. Djajawinata Faaris Pranawa Pradana Murti Director Director Director Director VSMI PT SARANA MULTI INFRASTRUKTUR (PERSERO) Sharia Supervisory Board Kanny Hidaya Chairman Abdul Mughni Member PT Sarana Multi Infrastruktur (Persero) | 6#7Sharia Business Pillars Conventional Source of Funds VSMI PT SARANA MULTI INFRASTRUKTUR (PERSERO) Pillar #1 Pillar #2 FINANCING & INVESTMENT ADVISORY SERVICES PT SMI Business Pillars Pillar #3 PROJECT DEVELOPMENT Sectoral Focus Transportation Road Telecommunication Commercial & Sustainable Financing Energy Efficiency Financial Advisory PPP Project Development • Senior loan Train Rolling Electricity Oil and Stock Gas Capital Injection from GOI Capital Market (Bonds, Notes, Securitization, Green Bond) Loans and Grants Asset Sales and Other Income based on Shareholders Meeting approval Sharia Capital Market (Sukuk, Sharia Hedging) BPJS / Sharia Insurance Hajj & Syirkah Funds Sovereign Wealth Fund ⚫ Junior Loan • Mezzanine •Cash Deficiency Support • • Bridging Loan Equity Investment Arranger & Underwriter • Credit Enhancement • Standby Financing • Funds Management Sharia Financing Investment Advisory Financing Arranger • IMBT/Lease with Option to Own Sale with Deferred Payment • Murabahah/Installment • MMQ/Diminishing Partnership Musyarakah/Joint Partnership • IMFZ/Indent Lease with Option To Own Public Sector Financing Investment Advisory & Financial Advisory (Sharia) SDG Indonesia One IMBT Ijarah Muntahia Bittamlik SDG Indonesia One MMQ=Musyarakah Mutanaqisah IMFZ= Ijarah Mausufah Fiz Zimmah Fund Management for Geothermal Infrastructre Development Wastewater Water Resources Irrigation Drinking Water Waste Management System Sports Facilities Arts 8m8 Facilities Renewable Energy Renewable Energy Project Development & Energy Efficiency Informatics Social Infrastructure ME Public Housing & Energy Conservation Project Preparation for Municipal Financing Capacity Building and Technical Assistance Health (Hospital) Education Facilities Correctional Facility Urban Tourism Estate Expansion of Mandate Other development financing based on government assignment PT Sarana Multi Infrastruktur (Persero) | 7#8QU22 G GUCCI 1 AGENDA About PT SMI 2 Business Activities 3 Financial Performance 4 Initiatives on SDGs PT Sarana Multi Infrastruktur (Persero) | 8 SMI PT BARANA MULTI INFRASTRUKTUR PERSER#9Innovative Funding THE WORLD BANK IBRD IDA | WORLD BANK GROUP AIIB ASIAN INFRASTRUCTURE INVESTMENT BANK Schweizerische Eidgenossenschaft. Confédération suisse Confederazione Svizzera. Confederaziun svizra ADB AFD AGENCE FRANÇAISE DE DÉVELOPPEMENT gef VSMI PT SARANA MULTI INFRASTRUKTUR (PERSERO) PT SMI increases its financing capabilities by utilizing a variety of products and funding sources. CTF GREEN CLIMATE FUND MUFG CTBC BANK Maybank Bank of Tokyo-Mitsubishi UFJ mandırı Standard | UOB Chartered 口 中国銀行(香港) GRUP BCA BANK OF CHINA (HONG KONG) BCA Danamon XBNI DBS PermataBank *QNB HSBC ብብ • EMTN Program • Shelf Registration Conventional Bonds I, II, & III • Shelf Registration Sukuk Mudharabah I & II • Shelf Registration Green Bonds • MTN Rupiah KFW Development Partners USD 700 mio Offshore Loan Syndication Bank Loan Capital Market VSMi SMi Infrastructure Projects PT Sarana Multi Infrastruktur (Persero) | 9#10Debt Securities Issued IDR 2014 SR Bond I SR Bond II SR Bond III Bond I IDR 1.0 T SR Green Bond I Stage I 2016 IDR 5.0 T Stage II 2017 IDR 7.0 T Stage III 2018 Stage I IDR 1.0 T IDR 500 bio Stage I 2019 2020 2022 IDR 3.0 T Stage II IDR 4.1 T Stage III IDR 2.8 T Stage IV IDR 1.5 T Stage V IDR 3.3 T Stage I IDR 1.0 T Stage II IDR 3.5 T TOTAL IDR BONDS ISSUED SR Sukuk Mudharabah I Stage I IDR 1.0 T Stage II IDR 1.0 T IDR 1.0 T SR Sukuk Mudharabah II TOTAL USD EMTN Programme Program Size Establishment USD 2,000 million May 2021 IDR 5.0 T 2026 Notes USD 300 million IDR 7.0 T Listing Singapore Exchange IDR 2.5 T Distribution Regulation S IDR 11.9 T Stage III IDR 1.0 T IDR 4.8 T Stage I IDR 0.5 T IDR 5.0 T VSMI PT SARANA MULTI INFRASTRUKTUR (PERSERO) IDR debt securities outstanding as of Dec22 is IDR 16.3 T Issued the biggest single emission amounting IDR 7 T in 2017 In 2019, PT SMI issued the highest total corporate bonds with the amount of IDR 11.9 trillion PT SMI issued it's first Global Bond in 2021, amounting USD 300 million with a maturity in 2026 under Reg S. IDR 37.2 T SR Shelf Registration (Program) PT Sarana Multi Infrastruktur (Persero) | 10#11Financing Activities Commitment & Outstanding* Outstanding Commitment IDR bio Asset Quality VSMI PT SARANA MULTI INFRASTRUKTUR (PERSERO) 2019 2020 2021 2022 145,170 NPL Gross 1.16% 0.60% 1.19% 0.76% 128,291 106,144 96,374 NPL Net 0.05% 0.02% 0.58% 0.34% 93,948 80,756 62,062 70,601 Loan Loss Coverage 192.81% 462.27% 172.53% 254.93% 2019 2020 2021 2022 Loan Composition by sector Toll Road as of 31 December 2022 29.40% Others 20.84% Transportation 8.43% *including financing to Municipalties, IIF, equity investment and signed credit agreement PEN Pemda 26.70% Electricity 14.61% Though there's a slowdown in the financing cycle, stronger optimism towards 2023 as the economy began to recover. Apart from the significant portion of the National Economic Recovery Program through Municipal Financing in the past 3 years, Toll Road and Electricity still the largest sector in our portfolio. Comprehensive Risk Management Policy resulting an NPL net below 1% in the last three years, even during the pandemic. PT Sarana Multi Infrastruktur (Persero) | 11#12AGENDA 1 About PT SMI 2 Business Activities 3 Financial Performance 4 Initiatives on SDGs SMI PT BARANA MULTI INFRASTRUKTUR PERSER PT Sarana Multi Infrastruktur (Persero) | 12#13Corporate Rating Press Release May 9, 2022 VSMI PT SARANA MULTI INFRASTRUKTUR (PERSERO) Total equity [IDR Billion] PT Sarana Multi Infrastruktur (Persero) Analysts: Adrian Noar/ Danan Dito Phone/Fax/E-mail: (62-21) 5096 8469/5096 8468/[email protected]/[email protected] MWStable .. FINANCIAL HIGHLIGHTS As of/for the year ended Total assets (IDR Billon] Gross receivables [IDR Billon] Total eaming assets [IDR: Bion]] 76.268.4 Dec-2021 (Audited) 114,502.1 Dec-2020 (Audited) 100,740.2 Dec-2019 Dec-2018 (Audited) (Audited) 75,818.6 62,493.2 66,749.8 58,429.0 46,455.7 102,415.0 88,060.2 74,689.0 61,225.4 38,900.3 37,523.4 36,854.2 35,575.9 M коли Net interest revenue [IDR Billion] 2.143.8 2,777.4 2.918.8 2,410.2 Net income: [IDR Bilion] 1,830.1 1,906.7 1,703.6 1,531.1 Cost to lincome [%] 20.91 14.9 15.3 16.1 Operating profit margin [%] 44.3 44.1 43.0 50.6 ROAA (including off-balance) [%] 1.7 2.2 2.5 2.6 NPR-Balance/ gross receivables [%] 1.2 0.6 1.2 1.5 Reserves/gross receivables [%] 2.0 2.7 1.8 Equity/gross receivables [%] 51.0 56.2 63.1 76.6 Total debt/ equity [x]] MMA/Stable MN/Stable Exchange Rate [IDR/USD] 1.9 14,269 1.7 14.105 10 0.7 13.901 14,481 MW/Stable MA/Rable MA/Stable RC44-retum on average assets (including off balance sheet); non-performing receivables (overdue The above rats have been computed based on information from the company and published accounts, where applicable, some dans have been reclassified according to PERINDO's definitions 30 (1895). PT Sarana Multi Infrastruktur (Persero) rated "AAA", outlook stable PEFINDO has affirmed its "AAA" ratings for PT Sarana Multi Infrastruktur (Persero) (SMI) and its outstanding bonds, as well as its "AAA" rating for SMI's outstanding sukuk. The outlook for the corporate rating is "stable". An obligor rated AAA. has the highest rating assigned by PEFINDO. Its capacity to meet its long-term financial commitments, relative to those of other Indonesian obligors, is superior. A syariah based financing instrument rated AAA) has the highest rating assigned by PEFINDO. The issuer's capacity to meet its long- term financial commitments under the syariah financing contract, relative to other Indonesian issuers, is superior. The suffix (sy) means the rating indicates Islamic principles compliant. The rating for the green bonds only reflects SMI's capacity to meet its long-term financial commitments on the debt security, and does not reflect the green certification of the debt security. If the green certification is downgraded, which may trigger the acceleration of the principal payment and/or a step up on the coupon rate of the debt security, PEFINDO will conduct a special review of the rating assigned to SMI and its outstanding debt security. The corporate rating reflects SMI's status as a critical government-related entity, the high potential demand for infrastructure financing, a very strong capitalization profile, and strong liquidity and financial flexibility indicators. The rating is constrained by its concentrated financing profile and limited number of viable infrastructure projects. The rating may be lowered if there is a material weakening in support from the government, which may result from a significant deterioration in SMI's business and asset quality profiles. SMI is a state-owned entity established to serve as a catalyst in the acceleration of infrastructure development in Indonesia by providing an alternative source of funds for project financing and promoting public-private partnerships (PPP). It is wholly owned by the government. Fitch Ratings RATING ACTION COMMENTARY Fitch Affirms Sarana Multi Infrastruktur at 'BBB'/'AAA(idn)'; Outlook Stable Tue 05 Apr, 2022 9:53 AM ET Fitch Ratings Jakarta/Sydney-05 Apr 2022: Fitch Ratings has affirmed PT Sarana Multi Infrastruktur (Persero)'s (SMI) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRS) at 'BBB' and Short-Term Foreign-Currency IDR at 'F2: Fitch Ratings Indonesia has also affirmed the National Long- Term Rating at 'AAA(idn): The Outlook is Stable. The long-term senior unsecured rating has been. affirmed at 'BBB The key mission of SMI, an Indonesian state-owned enterprise, is to support the country's infrastructure development by extending financing to infrastructure projects and providing financial, investment and training advisory services for public-private partnership (PPP) projects.. 'AAA(idn)' National Ratings denote the highest rating assigned by the agency in our National Rating scale for Indonesia. This rating is assigned to issuers or obligations with the lowest expectation of default risk relative to all other issuers or obligations in the same country. Local (Pefindo/Fitch) International (Fitch) PEFINDO PEDIT MING AGENCY CREDIT PROFILE Corporate Rating 2012 AA (idn) 2013 AA+ (idn) BBB- Rated Issues Shelf Registered Bonds 1/2016 Shelf Registered Green Bonds I/2018 Shell Registered Sukuk 1/2018 Shelf Registered Bonds II/2019 Rating Period April 28, 2022-April 1, 2023 Rating History APR 2022 APR 2021 APR 2020 APR 2019 APR 2018 2014 idAA+ BBB- 2015 idAA+ BBB- 2016 idAAA BBB- 2017 idAAA BBB 2018 idAAA BBB 2019 idAAA BBB 2020 idAAA BBB 2021 idAAA BBB 2022 idAAA BBB PT SMI received idAAA (outlook stable) rating from Pefindo on 4th April 2022. Pefindo has also assessed SMI's status as a critical government-related entity with strong liquidity and financial flexibility indicators. PT SMI received BBB international rating and AAA(idn) (outlook stable) from Fitch Ratings on 5th April 2022, consistent with the previous period. Fitch classifies SMI as a government- related entity (GRE) that is credit linked to the Indonesia sovereign. PT Sarana Multi Infrastruktur (Persero) | 13#14Financial Highlights - Profitability (IDR Billion) Revenues Operating Profit 2019 2020 2021 2022 YOY 5,193 5,639 5,072 6,090 19.0% 2,115 2,408 2,154 2,739 27.2% Other income (expense) 55 (7) (34) 49 -243.1% Profit Before Tax Net income 2,170 2,402 2,120 2,788 31.5% 1,704 1,907 1,830 2,164 18.3% SMI PT SARANA MULTI INFRASTRUKTUR (PERSERO) Revenues improves by 19.0% YoY as economic and financing cycle began to recover. Profit before tax improve significantly by 31.5% due to significant efficiencies in our operation PT Sarana Multi Infrastruktur (Persero) | 14#15Financial Highlights - Financial Position (IDR Billion) Total Assets Cash & M Sec. 2019 2020 2021 2022 75,819 100,740 114,502 117,129 13,781 19,646 23,891 23,182 Loans Receivable and Sharia Financing 62,062 70,601 80,756 93,948 Borrowings (net) 15,798 41,697 53,377 54,535 Debt Securities issued (net)* 22,089 20,498 21,279 20,972 Total Liabilities 38,964 63,217 75,602 76,581 Equity 36,854 37,523 38,900 40,548 *including Syirkah Fund (Sukuk) VSMI PT SARANA MULTI INFRASTRUKTUR (PERSERO) On 30 June 2022, there was a transfer of 55% ownership on Cimanggis Cibitung Tollways (CCT) from Waskita Karya to PT SMI, as a result of share conversion from PT SMI's ownership on Waskita Toll Road (WTR). The conversion value was IDR 339 bio, with Total Assets of CCT amounting IDR 9.1 T as of 30 June 2022. Total liabilities slightly increased due to the new bond issuances in 2022. Equity increased due to the profit earned for period ended as of Dec 31, 2022. PT Sarana Multi Infrastruktur (Persero) | 15#16Financial Highlights - Key Ratios NIM 2019 2020 2021 2022 4.10% 3.10% 1.90% 2.50% Cost to Income 17.10% 16.10% 22.70% 17.00% DER VSMI PT SARANA MULTI INFRASTRUKTUR (PERSERO) NIM increased YoY, with the expectation of further improvement following the projection of the reference rate. 1.03x 1.66x 1.92x 1.85x ROA, ROE is also increase due to the higher revenue YoY. ROA 2.25% 1.89% 1.60% 1.98% ROE 4.62% 5.08% 4.70% 5.71% LLP 192.8% 462.3% 172.5% 254.9% NPL Gross 1.16% 0.60% 1.19% 0.76% NPL Net 0.05% 0.02% 0.58% 0.34% PT Sarana Multi Infrastruktur (Persero) | 16#17AGENDA 1 About PT SMI 2 Business Activities 3 Financial Performance Initiatives on SDGs SMI PT BARANA MULTI INFRASTRUKTUR PERSER PT Sarana Multi Infrastruktur (Persero) | 17#18VSMI PT SARANA MULTI INFRASTRUKTUR (PERSERO) Role in Supporting Sustainable Development Goals (SDGs) PT SMI is actively supporting the financing and developing SDG Projects SMI's commitment in promoting SDGs are reflected not only in its three business pillars, but also on other programs Examples: Umbulan Drinking Water Supply System SMI financed a PPP water supply system project with designed capacity of 900 litres/second and potentially provide 1.3 million of people with drinkable clean water • Cardiology and Heart Specialist Hospital SMI financed a hospital project designated for cardiology and heart in Southeast Sulawesi which was planned to serve not only people form the region but also people from central and east side of Indonesia 1 6 CLEAN WATER Financing and Investment AND SANITATION 4 3 GOOD HEALTH AND WELL-BEING 6 52 MW Incineration Waste to Energy Power Plant - Sunter 7 SMI provided a technical assistance in feasibility study review for a 52 MW Incineration Waste to Energy Power Plant in Sunter, Jakarta AFFORDABLE AND CLEAN ENERGY 2 Consultation Services 3 Project Development Implementation of the 10 Elements of Environmental and Social Safeguards Establishment of SDG Indonesia One Platform 1 NO POVERTY ZERO HUNGER 3 GOOD HEALTH AND WELL-BEING QUALITY EDUCATION INDUSTRY INNOVATION 10 NEQUALITIES REDUCED 11 AND COMMUNITIES SUSTAINABLE CITIES 12 RESPONSIBLE CONSUMPTION AND PRODUCTION AND INFRASTRUCTURE 5 QUALITY GENDER CLEAN WATER AND SANITATION 7AFFORDABLE AND CLEAN ENERGY DECENT WORK AND 13 ACTION CLIMATE 15 ON LAND 16 PEACE JUSTICE AND STRONG INSTITUTIONS ECONONIC GROWTH M 17 PARTNERSHIPS FOR THE GOALS PT SMI has played a role in 16 goals (out of 17 goals) to support the SDGs PT SMI is actively promoting SDG Development and Initiation through Capacity Building, Sharing Session and Business Matching Examples: Green Framework & Green Assessment Process Capacity building, collaboration with Asian Development Bank Waste Management Development Model from AFD's Project Experience Capacity building, collaboration with Agence Française de Développement 5 Activities Related to Climate Action 1. The Sustainable Financing Division has channeled IDR880.3 billion for more than 400 MW renewable energy projects 2. First geothermal project financing: 10 MW Small Scale Dieng Geothermal Power Plant 3. Collaboration with GIZ on the Project Preparation Facility of the Semarang BRT project 4. Collaboration with GGGI related to the de-risking instruments study in Indonesia and technical review of waste-to-energy technology 5. Geothermal project assignment: a) Wae Sano (government drilling) b) Jailolo (government drilling) 6. Instrument guarantee products assessment with Climate Policy Initiative PT Sarana Multi Infrastruktur (Persero) | 18#19Pioneer of Corporate Green Bond in Indonesia OK OTORITAS JASA KEUANGAN POJK No. 60/POJK.04/2017 PT SMI has issued the first Green Bond in Indonesia amounting Rp 500 bio (~USD 0.04 bio) and allocated 100% of the proceeds from the issuance to the projects that meet the requirements on PT SMI's Green Bond Framework. about Green Bond Issuance Allocation of Proceeds and the Estimated Environmental Impact 2021 ASEAN Capital Markets Forum ASEAN Green Bond Standards The Green Bond Principles SMI's Green Bond Eligible Sectors: 1. Renewable energy 2. Energy efficiency 3. Sustainable pollution management and prevention 4. Sustainable natural resource and land use management 5. Clean transportation 6. Sustainable water and sewage management Clean Transportation Renewable Energy VSMI PT SARANA MULTI INFRASTRUKTUR (PERSERO) GHG Emission Avoided Project Name Proceeds Allocation Sustainable Development Goals Energy Savings Energy Produced (TJ) Renewable Energy Capacity Added Climate Change Category Mitigation 100% (ton CO2e) (SDGs) (MWh) (MW) Financing Type Mini Hydro Tunggang Bengkulu* 12.6% 59,568 1 ENEXION EMISIJONAK 73,000 10.0 Refinancing 100% Mini Hydro Lubuk Gadang 23.7% 48,924 PENGAN 10 13 TAN 3 Light Rail Transit (LRT) Jabodebek* PERMALINK 10 SINON 63.7% 40,852 2,641 11 13 PONIMY Second Opinion: *CICERO Medium Green *Targeted impact 100.0% 149,344 Published Green Bond Report 2021 can be accessed on www.ptsmi.co.id/green-bond-reports/ Sector Distribution 58,803 7.5 2,641 131,803 17.5 Renewable Energy 36.3% Clean Transportation 63.7% PT Sarana Multi Infrastruktur (Persero) | 19#20SDG Indonesia One SMI Thank You, PT Sarana Multi Infrastruktur (Persero) Sahid Sudirman Center, Lantai 48 Jl. Jenderal Sudirman No. 86 Jakarta 10220, Indonesia : (62-21) 8082 5288 (hunting) Telepon Faksimile Surel : (62-21) 8082 5258 www.ptsmi.co.id : [email protected] infralib infralib.ptsmi.co.id f@ptsmi Optsmi_id PT Sarana Multi Infrastruktur (Persero) A leading catalyst in the acceleration on the national infrastructure development SMi PT SARANA MULTI INFRASTRUKTUR (PERSERO)