#1Telkom Indonesia the world in your hand Corporate Presentation FY21 Results PT Telkom Indonesia (Persero) Tbk April 2022#2Disclaimer Telkom Indonesia the world in your hand This document may contain forward-looking statements within the meaning of safe- harbor. Actual results could differ materially from projections, estimations or expectations. These may involve risks and uncertainties and may cause actual results and development to differ substantially from those expressed or implied in the statements. The company does not guarantee that any action, which may have been taken in reliance of this document will bring specific results as expected. 2#3FY21 RESULTS Telkom in Brief FY21 Financial and Operational Results Telkom Indonesia the world in your hand 3#4Telkomsel TELKOM Group Board of Directors Telkom Indonesia the world in your hand CEO TELKOM GROUP RIRIEK ADRIANSYAH DIRECTOR HERI SUPRIADI DIRECTOR HERLAN WIJANARKO DIRECTOR EDI WITJARA DIRECTOR FM VENUSIANA R DIRECTOR BUDI SETYAWAN WIJAYA DIRECTOR MUHAMAD FAJRIN RASYID DIRECTOR AFRIWANDI DIRECTOR BOGI WITJAKSONO CEO TELKOMSEL HENDRI MULYA SYAM DIRECTOR MOHAMAD RAMZY DIRECTOR ADIWINAHYU BASUKI S. DIRECTOR BHARAT ALVA DIRECTOR NUGROHO DIRECTOR R. MUHARAM PERBAWAMUKTI DIRECTOR DERRICK HENG DIRECTOR WONG SOON NAM 4#5Share Ownership *as of 18 April 2022 52.1% 47.9% Government Public Telkom 敬 Indonesia the world in your hand Total Shares 99,062,216,600 shares Market Capitalization Rp467Tn (USD32.7 Bn)* Telkom Indonesia is listed at Indonesia Stock Exchange (Bloomberg: TLKM IJ) and New York Stock Exchange (TLK US) IDX Indonesia Stock Exchange Bursa Efek Indonesia www NYSE 5#6FY21 RESULTS Telkom in Brief FY21 Financial and Operational Results Telkom Indonesia the world in your hand 6#7Performance Highlights FY21 Telkom 敬 Indonesia the world in your hand Amidst continued pandemic situation, in FY21 Telkom recorded positive growth of 4.9% YoY in Revenue, with EBITDA and Net Income grew by 5.1% and 19.0% YoY, respectively. Furthermore, both EBITDA and Net Income Margins were expanding to 52.9% and 17.3%, increased by 0.1ppt and 2.1ppt compared to the same period last year. IndiHome continued to become our engine of growth as it posted Revenue of Rp26.3 Trillion or grew by 18.5% YoY, supported by 8.6 million total subscribers with relatively stable ARPU. Telkomsel's Digital Business enticed strong traction with significant growth in data traffic of 43.3% YoY and it accounted for 78.0% of Telkomsel's total revenue. We are of the view that the industry consolidation would lead to a healthier industry going forward. After successfully brought Mitratel to go public, Telkom is now pursuing another 4 bold-move strategies, they are 1) accelerating investment in digital company, 2) unlocking data center business, 3) strengthening B2B IT services and 4) conducting fixed-mobile convergence. Telkom's investment strategy in digital space has demonstrated strong performance, reflected from the positive valuation results. The company's digital business portfolio is also a proof to build an inclusive and sustainable digital ecosystem as part of digital trifecta; Digital Connectivity, Digital Platform, and Digital Services. 7#8Revenue Growth Driven by Mobile Data and IndiHome Telkom 敬 Indonesia the world in your hand 136.5 143.2 FY20 FY21 FY21 Revenues Rp trillion, YoY 74.9% 71.0 77.5 22.2 26.3 26.4 21.2 FY20 FY21 7.7 7.8 9.1 10.4 Data, Internet & IndiHome IT Services SMS, Fixed & Cellular Voice Interconnection 79.1% 718.5% 19.7% 71.3% Network & Other Telco Services 713.9% 8#9Expenses Manageable, EBITDA & Net Income Margin Expanded Telkom 95.6 93.0 38.1 EBITDA Rp trillion, YoY 75.7 72.1 34.6 75.1% 20.8 24.8 Indonesia the world in your hand Net Income Rp trillion, YoY 19.0% FY20 FY21 FY21 Expenses Rp trillion, YoY 2.9% % Margin 52.8 52.9 15.2 17.3 FY20 FY21 14.4 15.5 FY20 FY21 5.4 5.2 6.5 5.0 3.5 3.6 Operation, Maintenance & Telco Services Personnel Interconnection Marketing 10.2% 717.9% 4.2% 74.3% General & Administrative 23.0% 9#10Fixed Broadband as the Engine of Growth FY21 IndiHome Revenue (Rp) ■ EBITDA Margin expanded to 46.7% in FY21 to IndiHome revenue contribution TelkomGroup significantly increased to 18.4% in FY21 from 16.3% in the same period last year 26.3tn KHOKSEUMAWE ANTHO ACEH SUMATERA UTARA KAB SEADANG AGA KAKAR HASUNDURAN KAIL LAUNATU • SLEATAN KABANA KAPADANG SIDEMPUAN RIAU PAKUMBUH KAB INDRAGIRI BUKITTINGG HUR SUMATERA BARAT KAB RESIS SELATAN BENGKULU JAMBI BENGKULU 718.5% YoY IndiHome covers 498 (97%) cities/districts throughout Indonesia. Telkom 敬 Indonesia the world in your hand Additional customers of 585K in FY21, total subscribers reach 8.6 million (+7.3% YoY). 58% Dual Play Package & 42% Triple Play. Revenues from add-ons grew by 25.8% YoY, contributed 15.5% (14.7% previous year) of total IndiHome revenues. KALIMANTAN UTARA KABESERAM BAGIAN TAUR KEPULAUAN RIAU PANCHAL KALANGKA SUMATERA SELATAN LAMPUNG KAB SAMBAS SINGKAWANG © KAR KAPUAS HAL OKAL SANGGAU KAR KUMURA PONTIANAK KALIMANTAN BARAT KAR MAHAKAM PLU KALIMANTAN TIMUR KAB KUTAI KALIMANTAN KARTANEGARA TENGAH ASKUTA KAB TABALONG KAB SARITO TIMUR SARAT BONTANG SAMARINDA ALKARAN KAB PASER PANG BANGKA KAB LAMANDAU BELITUNG KAB SERUYAN KAS SUPP KARBANGKA BANMASIN KAB KOTAKARE KALIMANTAN SELATAN JAKARTA KAR SERANG be JAWA TENGAH BANER JAWA TIMUR JAWA BARAT YOGYAKARTA BALI KAR TORAJA UTARA KALWAD SANGKANG SULAWESI SELATAN KAS TAKALAR GORONTALO GORONTALE KABANGGA KAR HALMAHERA BARA SULAWESI UTARA KABTIDONE SULAWESI TENGAH KALHALMARA SELATAN MALUKU UTARA KAR KEPULAUAN SULA KAB-BANGGA LAUT XENDARE BABBONE KAR MENA WATAMPONI MALUKU ALBUTON BAUBAU SELATAN KAB BANTAEN SULAWESI KARTON TENGGARA NUSA TENGGARA BARAT NUSA TENGGARA TIMUR 16 districts/cities Under Development PAPUA 10#11Telkomsel Performance Telkom 敬 Challenging market dynamics with on-going transition of Legacy & continuing competitive environment Indonesia TSEL to maintain sustainable margin with EBITDA & Net Income Margin 57.2% & 29.9%. the world in your hand REVENUES 70.5% Rp Trillion EBITDA Rp Trillion 2.1% NET INCOME Rp Trillion 87.1 87.5 Digital 68.2 Business 62.3 79.5% Legacy 24.8 22.2% 19.3 FY20 FY21 TOTAL ASSETS Rp Trillion 51.1 50.0 YEAR-ON-YEAR CAPEX 73.7% Rp Trillion 74.4% 25.1 26.2 Margin 59% 57% Margin 29% 30% FY20 FY21 FY20 FY21 CUSTOMERS 73.8% 2.3% In Million BTS ON AIR In Thousand 8.6% 103.7 101.3 169.5 176.0 251.1 231.2 13.0 12.6 FY20 FY21 FY20 FY21 FY20 FY21 FY20 FY21 11#12Telkomsel Performance Continue to Focus on Digital Business Engine of growth and accounted for 78% of Total Revenues DIGITAL BUSINESS REVENUES 79.5% Rp Trillion 62.3 68.2 Telkom Indonesia the world in your hand YEAR-ON-YEAR Digital Business DATA USERS In Million DATA USER CONSUMPTION 3.9% In MB 734.0% Telkomsel Video Telkomsel Games Telkomsel 10,307 Telkomsel 7,691 Orbit IOT Telkomsel Music Telkomsel redi 120.5 Broadband 115.9 76.9% 58.5 54.8 Digital Services 728.1% 7.6 FY20 9.7 FY21 FY20 FY21 DATA TRAFFIC In PB 3G/4G CAPABLE DEVICE In Million 743.3% 73.7% TADEX Telkomsel FY20 FY21 Telkomsel 3G/4G/5G BTS ON AIR In Thousand 11.0% ENTERPRISE MSIGHT BANKING TELKOMSEL 200.9 180.9 5G BTS 13,513 9,428 0.1 127.3 132.1 4G BTS 728.0% 107.5 137.6 3G BTS 73.4 63.1 14.0% FY20 FY21 FY20 FY21 FY20 FY21 Telkomsel DigiAds Link Aja! 12#13Enterprise Business Focused on Enterprise Solutions FY21 Major Contributors Enterprise Business Revenue (Rp) 19.1tn 78.0% YOY * Telkom Indonesia the world in your hand B2B IT Services Enterprise Digital Services Industry Solutions © + Product Solutions 13#1414 Wholesale & International Business, Supported by Tower, Data Center, and A2P Services FY21 Wholesale & International Business Revenue (Rp) 14.3tn 5.6% YoY Major Contributors Tower Business M Mitratel by Telkom Indonesia Rp6.9th 711.0% YoY Revenue (Mitratel stand-alone) 28,206 towers 1.51x tenancy ratio Data Center Rp 1.7tn 19.0% YoY Revenue 27 data centers 22 domestic 5 overseas Telkom 敬 Indonesia the world in your hand A2P Services 14#155 Bold Moves to strengthen competitive advantage and leadership in the industry Mitratel IPO 1 2 To Mitratel successfully conducted its IPO on 22 November 2021 to become one of the biggest listed tower providers in Indonesia, Rp18.8 proceeds. with trillion 90% of IPO proceed for business expansion including potential another c. 6,000 Accelerating DigiCo Business accelerate digital services through Digico in selected sectors aligned Telkom's competence. Strengthen B2B IT Service Transformation Unlocking 3 4 Data Center Business Telkom is in the process consolidating Data Center (DC) of Service through with assets and core To collaborate with partners who have strong capability in digital services and to invite strategic investors, to avoid cash-burning approach DC enhancing business capacity To accelerate DC business growth in collaboration with hyper-scaler and tech giant towards B2B IT-Digital partnership & collaboration Enhance TelkomSigma to be B2B IT Service leading player tower acquisition from TSEL. Strengthen capability the in INDICO as the entity that invest in digital company Telkom 敬 Indonesia the world in your hand Fixed-Mobile 5 Convergence Initiative Continuing strong momentum in Fixed Broadband and enhancing Mobile Broadband experience MoU with Singtel to explore the best FMC to enrich Telkom Group's value preposition 15#16Q&A Telkom 敬 Indonesia the world in your hand 16#17Telkom Indonesia the world in your hand Thank You PT Telkom Indonesia (Persero) Tbk April 2022