#1Corporate Presentation September 2020 PT Intiland Development Tbk Intiland. Developing Your World. intiland Intiland Tower Jakarta 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 33 37 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 SQ Res#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 Rp1.5tn (~USD102m)* as of Sept 30, 2020 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 Revenue breakdown (as of Sept 30, 2020) Land bank breakdown (as of Sept 30, 2020) 15% 15% 21% Rp 2,065bn 48% 21% Rp 2,065bn 64% 0% 16% 20% 2,044ha 80% ■Mixed use and high rise ■Industrial estate Houses and land Investment properties ■ Other** ■Development Revenue Recurring Revenue Other** *Based on an IDR/US$ conversion rates of 14,918 which is the middle of the buying and selling foreign exchange transaction rates announced by Bank Indonesia on Sept 30, 2020 **A contribution of Rp 307.3bn (15% of the Revenue) derived from the impact of the implementation of the new accounting standard Jakarta & Greater Jakarta Area ■Surabaya & Greater Surabaya Area 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- 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. Sold shares and receivables of a subsidiary who operates National Hospital in Surabaya valued at Rp636bn. 5#6Corporate Structure CGS-CIMB Securities (Singapore) Pte Ltd Hendro S. Gondokusumo 15.00% 15.69% Intiland Tower Intiland Tower Jakarta Surabaya PT Bina Yatra Sentosa Bali Private Villa (s) Pte, Ltd 12.35% 7.48% intiland Public < 5% 49.48% Total Issued Shares PT Intiland Development Tbk Book Value as of Sept 30, 2020 (6) RNAV as of Dec 31, 2017 (6)(7) : 10,365,854,185 shares. Market Capitalization as of Sept 30, 2020 (6) : Rp 1.5 tn (~USD 102 mn) @Rp 147 : Rp 6.0 tn (~USD 400 mn) @Rp 576 : Rp 20.8 tn (~USD 1,459 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 Industrial. Park Serenia Hills Intiwhiz Hotel Chain5 GIC 49.0%² South Quarter Regatta³ Praxis Graha Golf The Rosebay & SQ Res² 100% ownership <100% ownership 57 Promenade (Phase I) is jointly held and developed by PT Raharja Mitra Familia (36.63% 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 Notes: 1. 2. 3. 4. The Rosebay is held by PT Grande Family View, a 75%-owned subsidiary of PT Intiland Grande 5. 6. 7. The Intiwhiz Hotel Chain is operated by PT Intiwhiz International, a subsidiary of PT Intiland Infinita Based on an IDR/USD conversion rate of 14,918 which is the Jakarta Interbank Spot Dollar Rate (JISDOR) benchmark on Sept 30, 2020 The company appraised its major assets on Dec 31, 2017, primarily done by Knight Frank and Jones Lang LaSalle 6#7SURABAYA & GREATER AREA JAKARTA & GREATER AREA, BATANG 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: . • South Quarter Aeropolis • Mixed Use & High Rise 57 Promenade Phase 1. 1 Park Avenue Regatta Phase 2 Praxis • Spazio Tower. . Sumatra 36 . Graha Golf Phase 1. The Rosebay Landed Residential Industrial Estates • • SQ Res. Serenia Hills Aeropolis Technopark • Talaga Bestari • Pinang Apartment⚫ Magnolia Residence • West One City. • South Grove • Serenia Hills Apartment • Griya Semanan . Tierra Phase 1. . Graha Golf Phase 2. • Graha Natura Apartment ⚫ 1Park Homes Pinang Residence Investment Properties Intiland Tower Jakarta • South Quarter • 57 Promenade ⚫ Poins • Others . Graha Famili Ngoro Industrial Park • Intiland Tower Surabaya • Graha Natura • Batang Industrial Park. Pipeline projects Under construction Development Income Located in Batang, Central Java • Praxis Spazio Tower. Ngoro Industrial Park • Others Recurring Income 7#8Selected Awards and Achievements INDONESIA PROPERTY AWARD 2019 2020 Intiland Top CSR Awards Star 3 at the Top CSR Awards 2020 held by Top Business magazine, Komite Nasional Kebijakan Governance, and CSR Society Hendro S. Gondokusumo Top Leader on CSR Commitment 2020 at the Top CSR Awards 2020 held by Top Business magazine, Komite Nasional Kebijakan Governance, and CSR Society Warta Exonomi INDONESIA SPOKESPERSON 2019 Habitat for Humanity Indonesia Community Builder Appreciation on Water Conservation *** intiland PROPERTY SERVICE EXCELLENCE MANAGEMENT AWARD 2019 Intiland Excellent in Marketing Strategy in Indonesia Property Award 2019 Warta Ekonomi Intiland Best Spokesperson in Building Innovative Positive Image of Property Companies in Indonesia Spokesperson of The Year Award 2019 Warta Ekonomi Intiland Community Builder in Donor Appreciation Night Habitat for Humanity Indonesia 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 (PMSEA) 2019 for Upper Class Apartment Property In Magazine & Carre 71 Serenia Hills PROPERTI INDONESIA AWARD 2019 The Exclusive Housing Development in Jakarta Award in Majalah Properti Indonesia Properti Indonesia Award 2019 Intiland KOHLER PropertyGuru INDONESIA PROPERTY AWARDS Special Recognition & Sustainable Development award at the Indonesia Property Awards 2019 by PropertyGuru Intiland KOHLER PropertyGuru INDONESIA PROPERTY AWARDS Special Recognition & Design Construction award at the Indonesia Property Awards 2019 by PropertyGuru Intiland KOHLER PropertyGuru INDONESIA PROPERTY AWARDS Best Developer award at the Indonesia Property Awards 2019 by PropertyGuru Intiland PropertyGuru ASIA PROPERTY AWARDS Best Developer award at the Asia Property Awards 2019 by PropertyGuru SQ Res KOHLER PropertyGuru INDONESIA PROPERTY AWARDS Best High-End Condo Development awardat the Indonesia Property Awards 2019 by PropertyGuru 8#9Session 2 Strategy intiland DOLCE Praxis#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 66 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 & SQ Res in Nov 2016 and an additional 9% in April 2019 Together with GIC, Intiland will continue to develop SQ Res, 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 Regatta#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 1 Diversified portfolio in strategic locations which stands to intiland benefit from ongoing/recent infrastructure developments 3 intiland Our diversified portfolio is well-positioned to capture demand across different product types and locations Marketing Sales 33% 74% by product type 0% by project 1% 1% 6% 0% 1% 0% 3% 3% 0% 12% 16% by location 9M19: Rp862bn 10% 9M19: Rp862bn 49% 9M19: Rp862bn 67% 1% 0% 84% -3% 8% 0% 5% 3% 0% 1% 3% 4% 2% 4% 2% 9% 1% 0% 23% 0% 5% 0% 5% 9M20: Rp642bn 6% 54% 9M20: 7% Rp642bn 4% 9M20: Rp642bn 46% 0% 2% 0% 0% 3% 28% 14% ■Mixed Use & High Rise ■Landed Residential Industrial Estate ■The Rosebay ■ Sumatra 36 Spazio Tower ■1 Park Residence ■ Serenia Hills ■ Taman Semanan Indah 1 Park Homes SQ Res - Regatta (50%) ■1 Park Avenue 57 Promenade ■ Graha Famili Talaga Bestari ■ Pinang Residence ■ Aeropolis Praxis Graha Golf Graha Natura ■Magnolia Residence ■ South Grove Gunung Anyar Jakarta & Greater Jakarta ■Surabaya & Greater Surabaya 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 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 Phase 1 4.4ha • Ownership: 51.0% (JV with GIC Singapore owning the remaining 49.0%) 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 Graha Golf Tierra Graha Golf Phase 1 Rosebay Current Projects 57 Promenade Phase 1 Regatta 2 1Park Avenue (K,Q,R); 1Park Hamilton Graha Golf Phase 1 Praxis (Apartment) Rosebay SQ Res * Net size ** Price range not including Penthouse unit SO Res Est. size / unit (SGA sq.m.) Pipeline Projects Pinang Apartment Perenia Hills Lowrise Apartment Est. size/unit (SGA sq.m.) 38-183 Pinang Apartment 104-235 Graha Golf Phase 2 27-92 182-411** _ 138-335 139-168 Tierra 28-68 Graha Natura Apartment 31-71 44-85 75-166 48-135 12 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: 297 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 (Sept 30, 2020) Key tenants NIP H.B. Fuller Δ Ngoro Industrial Park I Ngoro Industrial Park II ROMAN MULIA CERAMICS 220ha 285ha Yakult HITACHI 1991 85ha 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 3 Industrial Estate - Batang Industrial Park intiland Our new industrial estate in Batang is well connected to West and East Java through Trans-Java toll and is a future key industrial hub of Central Java Batang Industrial Park is strategically located at Batang Region, Central Java Province, right at the center of Java Island Location and features • Banda Ack INDONESIA Well connected to both West and East java through Trans-Java toll Located c.360km East of Jakarta and c.425km of West Surabaya Quick access to Semarang's Tanjung Mas Port (95km) and Ahmad Yani International Airport (85km) Facilities and services include warehouses, commercial areas, police station, internal security, fire brigade, stable electric supply from PLN. Makassar Bandar Lampun Jakarta Batang Industrial Park- Batang Central Java Total development plan 260 km Batang Industrial Park I 370 km Seaport (Tanjung Priuk) Jakarta Seaport (Patimban) Subang 210 km Airport (Kertajati) Cirebon 360 km Development area* 280ha Launched 2020 Land bank (Jun 30, 2020) 190 ha *Total development plan for phase 1 and phase 2 is 500 ha JAKARTA BANDUNG 280 km 8 km Exit Kandeman Semarang Batang Toll Road 95 km Seaport (Tanjung Mas) Semarang 85 km Airport (Ahmad Yani) Semarang 425 km Batang Industrial Park 90 km SEMARANG 430 km Seaport (Tanjung Perak) Surabaya SURABAYA 430 km Airport (Juanda) Surabaya 20 20#215 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 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 Depok City To Bogor MRT Route ~5 km Google maps, company data Location and scale drawing above are best estimates Existing Railway Intiland's Projects 21 24#225 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 22 22#235 1 4 3 ...poised to benefit from infrastructure developments intiland DUKUH ATAS BENHIL BUND.HI FIFTY SEVEN PROMENADE BLOK M ◆ FATMAWATI SOUTH QUARTER & SQ RES SERENIA HILLS INTILAND TOWER 1PARK AVENUE GET ON THE BLUE LINE +62 811 889956 PINANG RESIDENCE SOUTH GROVE POINS LEBAK BULUS 23#245 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 24 14 intiland#255 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 Jl. Raya Menganti Tik. La To Madura 4km radius from Jl. Panglima Sudirman, CBD Surabaya Intiland Tower Surabaya • Praxis • Sumatra 36 Jl. Kenjeran Lingkar Timur Toll Road 8km radius from Jl. Panglima Sudirman, CBD Surabaya • Spazio Tower Graha Famili Graha Golf The Rosebay Surabaya Sumatra 36 Praxis Tierra Graha Natura Intiland Tower Spazio Surabaya Graha Golf Spazio Tower The Rosebay ng Sari Graha Famili To Batang To Ngoro Jl. Raya astrip. Source: Note: Google maps, company data Location and scale drawing above are best estimates Aloha-Perak Toll Road Waru • Graha Natura Tierra Spazio Other projects within Surabaya and its Greater Area Ngoro Industrial Park Batang Industrial Park Jl. Brigjen Katamso International Airport Legend ~2 km Planned Toll Road Existing Toll Road Existing Railway Intiland's Projects 25 45#261 Maja, Banten 2 Large land bank to sustain medium to long term development Large land bank of c. 2,043.5 ha (as of Sept 30, 2020) is sufficient to sustain ongoing developments for the next 20 years Undeveloped Land bank Land area (ha) 1,068.7 intiland Surabaya & Greater Surabaya area Land Undeveloped Land bank area (ha) - Others Surabaya area 255.4 Tangerang, Banten 6% 14% 392.7 Pantai Timur, Surabaya 47.4 Others Jakarta area 91.8 Bukit Pencu, Surabaya 33.0 Total land bank 2,043.5 ha Bukit Sampe, Trawas 31.8 Talaga Bestari, Cikupa 76.2 Lontar 23.6 Gandaria, Jakarta 3.9 79% Graha Famili, Surabaya 8.5 Pondok Pinang 3.4 Jakarta & Greater Jajar Tunggal 4.9 Jakarta area Serenia Hills 1.3 Wiyung 1.0 Jakarta & Greater Jakarta area 1,638.0 ■Greater Jakarta ■Greater Surabaya ■ Jakarta ■Surabaya Surabaya & Greater Surabaya area 405.5 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) 26#271 2 Selling of Non-Core Assets Non-Core Assets . intiland Non-core assets are the assets that have not been planned to be developed in the next 5 years. In line with the deleveraging strategy, the Company is focusing on selling the non-core assets to enhance the liquidity and profitability of the Company. . 9% share ownership in PT Putra Sinar Permaja (South Quarter, Jakarta) Office building in Surabaya Divestment of Non-Core • ~30 ha land in Pantai Timur, Surabaya Assets in 2019 • ~9.3 ha land in Gunung Anyar, Surabaya 50% share ownership in PT Surabaya Jasa Medika (National Hospital, Surabaya) Use of Proceeds • Divestment of Non-Core Assets in 1020 Total transaction value from selling the non-core assets in 2019 was ~IDR 1.3tn The proceeds from selling of the non-core assets were used for loan repayment and additional working capital to strengthen the Company's financial position. ~3.2 ha land in Gunung Anyar, Surabaya Total transaction value from selling the non-core assets was ~IDR 58.3bn 27#285 intiland Strong pipeline of high quality developments Historical marketing sales (2015-9M20) In billion Rupiah 2,935 531 2,284 483 505 1,558 569 784 1,619 192 1,320 81 530 648 1,921 642 1,210 897 591 768 474 149 2015 2016 2017 2018 2019 9M20 ■High Rise ■Landed Residential ■Industrial Estate 28#295 muland 2 Growing recurring income base... Our recurring revenue base has grown by more than 2x since 2015 Recurring Revenue (Rp'bn) % of total revenue Rp'bn 750 600 450 intiland 10.3% 15.3% 24.0% 23.4% 22.8% 21.2% 348 623 596 76 528 65 54 218 1 48 300 227 1 31 170 150 126 129 69 2015 2016 ■ Facilities 438 217 225 58 159 330 307 257 221 2017 ■ Offices 2018 2019 ** *** ■Industrial Estate ■ Others Facilities include building management and estate management fees 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 Others consist of Hospitality and Contractors 9M20 29 29#30Retail 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 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 Office Towers & Retail Selected key tenants citibank General Electric Darya-Varia NISSAN LOTTE Tupperware FAST RETAILING LABORATORIA THENTIC RANDY TLJ SINCE 1997 STARBUCKS RANCH MARKET Occupancy profile As at Sept 30, 2020 Net leasable area (sq.m.) Leased area (sq.m.) Committed Occupancy As at Sept 30, 2020 (%) Tower A 426 426 100.0 Tower B 40,477 31,646 78.2 Retail Tower C 35,850 27,238 76.0 Combined 76,327 58,883 77.1 AECOM calmic. SUNTORY Coca-Cola WIN Carl's Jr. CHARBROILED Bu STOP Net leasable area (sq.m.) Leased area (sq.m.) Committed Occupancy (%) 7,542 5,277 70.0 30#315 2 ...and a visible additional project pipeline Upcoming projects contributing to future additional recurring income stream CBD Jakarta Phase 2 Phase 1 CBD Surabaya intiland West Surabaya South Jakarta Projects 57 Promenade Phase I Area (Recurring component) Project description • Retail NLA: 769 sq.m. 57 Promenade Phase II • Office SGA: 48,509 sq.m. Retail NLA: 11,141 sq.m. • Serviced apt. SGA: 9,726 sq.m. • 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 • Office SGA: 4,140 sq.m. Hotel SGA: 14,326 sq.m. (267 rooms) •Retail NLA: 8,609 sq.m. • 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 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 Poins Retail NLA: 36,000 sq.m Poins is strategically located at the Transit Oriented Development (TOD) zone of Lebak Bulus, South Jakarta, with a total area of 2.5 ha It comprises of retail area and hotel, as well as a 15-floor apartment building. As a transit mall, Poins is located next to the MRT Lebak Bulus station, thus will serve as a meeting point and hub for thousands of people that will commute through the area Expected completion 3Q 2022 Planning phase 2019 2020 2020 31#321 2 3 Strong corporate governance & highly experienced management team intiland Intiland is led by a highly experienced management team and board of commissioners Sinarto Dharmawan President Commissioner Board of Commissioners Lennard Ho Thio Gwan Jahya Asikin Kian Guan Vice President Commissioner Po Micky Independent Commissioner Commissioner Friso Palilingan Independent Commissioner Serving since 2020 Serving since 2011 Serving since 2010 Serving since 2007 Serving since 2020 Board of Directors Archied Noto Pradono Ping Handayani Hanli Perry Yoranouw Permadi Indra Yoga Hendro S. Gondokusumo President Director & CEO Suhendro Prabowo Vice President Director & COO Utama Gondokusumo Vice President Director & COO Executive Director Serving since 2011 Serving since 2007 Serving since 2007 Serving since 2007 Executive Director & CFO Serving since 2020 Independent Director Serving since 2016 Executive Director Serving since 2018 32#33Session 4 Key Financial intiland Graha Natura#34Financial Performance Revenue in billion Rupiah EBITDA¹) in billion Rupiah 2,736 2,553 2,201 2,276 2,203 605 585 2,065 540 532 III intiland 718 602 2015 2016 2017 2018 2019 9M20 2015 2016 2017 2018 2019 9M20 Net Profit In billion Rupiah 401 299 297 251 204 2015 2016 2017 2018 2019 40 9M20 1,619 1,320 Marketing Sales ²) In billion Rupiah 2,935 2,284 1,558 642 2015 2016 2017 2018 2019 9M20 1) EBITDA 2015-2018: Operating profit + final tax + depreciation + amortization EBITDA 2019 & 2020: Operating profit + depreciation + amortization Final tax is added in the calculation of EBITDA for 2015-2018. As of 2019 onward final tax is excluded in the calculation of operating profit, thus eliminated from EBITDA calculation 2) Marketing Sales includes Development Income only 34#35Segments Contribution 990 858 329 472 62 Revenue in IDR bn 438 462 307 2,065 1,854 Gross Profit Margin % of Revenue 36% 30% 31% 55% 48% intiland 26% 23% 0% Mixed use Houses and Industrial Investment Other* & high rise land Total Estate Properties Mixed use & high rise Houses and land Industrial Estate Investment Properties 9M20* 9M19 *A contribution of Rp 307bn (15% of the Revenue) derived from the impact of the implementation of the new accounting standard 35#36Financial Highlights intiland 9M20 in Rp billion 9M19 Inhouse Inhouse 2019 YoY Growth in Rp billion 2018 2017 2016 2015 Audited Audited Audited Audited Audited Revenue 2,065 1,854 11% Revenue 2,736 2,553 2,203 2,276 2,201 Gross Profit 826 646 28% Gross Profit 1,132 1,006 956 1,036 1,043 EBITDA 602 329 83% EBITDA 718 532 540 585 605 Profit for the year 29 83 -65% Profit for the year 437 194 272 297 419 Net Income 39 7 505% Net Income 251 204 297 299 401 EPS 4 1 505% EPS 24 20 29 29 39 Gross Profit Margin 40% 35% Gross Profit Margin 41% 39% 43% 46% 47% EBITDA Margin 29% 18% EBITDA Margin 26% 21% 25% 26% 27% Net Income Margin 2% 0% Net Income Margin 9% 8% 14% 13% 18% ROA (Annualized) 0% 0% ROA 2% 1% 2% 3% 4% ROE (Annualized) 1% 0% ROE 3% 3% 5% 6% 8% 9M20 FY19 2019 2018 2017 2016 2015 in Rp billion Growth in Rp billion Inhouse Audited Audited Audited Audited Audited Audited Total Assets 15,870 14,777 7% Total Assets 14,777 14,216 13,097 11,840 10,289 Total Liabilities 9,896 7,543 31% Total Liabilities 7,543 7,700 6,787 6,783 5,518 Total Equity 5,973 7,235 -17% Total Equity 7,235 6,516 6,311 5,057 4,771 Sales Advance 3,537 1,428 148% Sales Advance 1,428 1,685 1,374 1,168 1,343 Cash & Cash Equivalents 1,424 1,416 1% Cash & Cash Equivalents 1,416 1,124 750 473 405 Total Debt 5,020 4,960 1% Total Debt 4,960 5,012 4,431 4,455 3,200 Net Debt/Equity 60% 49% Net Debt/Equity 49% 60% 58% 79% 59% Dividend N/A 21 N/A 52 51 Dividend per Share N/A 2 N/A 5 5 * EBITDA 2019 & 2020: Operating profit + depreciation + amortization EBITDA 2014-2018: Operating profit + final tax + depreciation + amortization 36#37Session 5 Appendix intiland The Rosebay#38Development Income - Mixed Use & High Rise TOWER57 CBD Jakarta FRASER SERVICE CITY57 UNION57 APARTMENT 57 Promenade SKY57 South Jakarta 1Park Avenue Launched: Total Area: 2017 3.0 ha Launched: 2012 (Tower 1,2,3) 2015 (Tower 4) (Phase 1 1.2 ha, Phase 2 - 1.8 ha) Total Area: 2.8 ha Infrastructure: MRT, Busway Infrastructure: Ownership: 36.63% MRT, Mainroad, Shuttle bus Progress: 28% Ownership: 100% Expected Completion: 2022 Progress: 100% Condominium Condominium: Tower City Saleable area: Sold: ASP 9M20: Condominium: 17,876 sqm (260 units) 16,361 sqm (92%) Rp 52.2 mn/sqm Tower Sky 31,092 sqm (236 units) 25,357 sqm (82%) Saleable area: Sold: ASP 9M20: Rp 52.8 mn/sqm Retail Semi gross area: NLA 769 sqm Market: Lease Phase 2 Information Office tower: SGA 34,491 sqm SGA 14,018 sqm Boutique office: Serviced Apartment: Retail: SGA 9,726 sqm NLA 11,141 sqm King, Queen, Royal (Tower 1, 2, 3) Saleable area: Sold: ASP 9M20: Condominium 52,136 sqm 51,374 sqm (99%) Rp 33.0 mn/sqm The Hamilton (Tower 4) Saleable area: Sold: ASP 9M20: Phase 2 Information 1 Park Homes Net land area: Saleable unit: 18,116 sqm 12,592 sqm (70%) Rp 35.0 mn/sqm 0.8 ha 32 units North Jakarta Regatta intiland CBD Surabaya Praxis Launched: 2014 Launched: (Tower London & New York) Total Area: (Phase 1 - 2.5 ha, Phase 2 - 1.7 ha) 11 ha Total Area: GFA: 2013 1.1 ha 102,498 sqm Infrastructure: Mainroad Future LRT Ownership: 100% 50% 100% 100% 2019 2019 Infrastructure: Ownership: Progress: Completion: Condominium: Tower Name: Semi gross area: Phase 2 (3 towers) London New York Shanghai 51,720 sqm (London & New York) Strata title Progress: Completion: Condominium Semi gross area: Market: 19,634 sqm (295 units) Strata title 13,764 sqm (70%) Sold: ASP 9M20: Rp 21.5 mn/sqm Office Semi gross area: 21,544 sqm (185 units) Market: Strata title 17,404 sqm Market: Sold: ASP 9M20: 31,058 sqm (60%) Rp 31.2 mn/sqm Lease 4,140 sqm Sold: 5,788 sqm (33%) Others ASP 9M20: Rp 19.7 mn/sqm 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 38#39Development Income - Mixed Use & High Rise Launched: Total Area: South Jakarta Infrastructure: Ownership: SQ Res 2018 1.3 ha MRT, Toll Road 51% West Surabaya West Surabaya Spazio Tower Total Area: Ownership: Progress: Total Units: Rosebay +/- 1ha 75% 100% Launched: Total Area: Infrastructure: Semi gross area: Expected Completion: 229 units Ownership: 20,782 sqm 2020 Progress: Expected Completion: 2023 Condominium: Tower D & E: Market: Total units: Semi gross area: Sold: ASP 9M20: Note: Strata title 672 units 46,797 sqm 10,665 sqm (23%) Rp 42.7 mn/sqm Tower E has not yet launched. Total percentage sold based on the total semi gross area of tower D and E Condominium: Tower A, B, F, G, H Market: Sold: intiland West Surabaya Graha Golf 2014 0.5 ha Launched: 2015 Total Area: 2.4 ha Mainroad Ownership: 100% 100% Progress: 100% 91% Expected Completion: 2020 Office Expected Completion: 2020 Phase 1-2 condominium (Tower 1 & 2) Total area: 7,532 sqm Market: Strata title Strata title Semi gross area: 27,174 sqm 13,437 sqm (56%) Rp 33.7 mn/sqm Sold: 24,428 sqm (90%) ASP 9M20: Rp 25.8 mn/sqm Strata title Semi gross area: Market: 23,807 sqm Total units: 177 units Sold: Semi gross area: ASP 9M20: Rp 24.3 mn/sqm Launched: 14 January 2016 16,505 sqm 11,243 sqm (68%) ASP 9M20: Retail Semi gross area: Market: 5,077 sqm Lease Condominium Tower C, E Market: Strata title Total units: 52 units Semi gross area: Launch: 4,277 sqm TBD Hotel + Function Semi gross area: Market: 7,640 (145 rooms) Lease Note: Phase 2 TBD - 3 condominium towers & townhouse 39#40Development 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 4,937 sqm (55%) ASP 9M20: Rp 25.5 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 4.5 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 9M20: Building ASP 9M20: 0.5 ha 100% 15 units 2018 MRT, Roll Road 6 units (40%) Rp 25.51 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 95% The Forest Phase 1 193 houses 63% Pinang Residence Taman Palem 1 1,875 houses 96% Launched: 2019 Magnolia Ownership: Total area: Infrastructure: Total units: Sold units: Land ASP 9M20: Building ASP 9M20: 100% Taman Palem 2 408 houses 38% 0.5 ha Total Area: Real Estate 628 houses Mainroad, MRT 17 units 82% Ownership: Launched: 1 unit (6%) Plaza D'Captiva 201 shophouses 69% Sold Units: Rp 20.0 mn/sqm Rp 8.5 mn/sqm Land ASP 9M20: Building ASP 9M20: 14.7 ha 52.5% 2015 277 units (52%) 5.4 mn/sqm 5.0 mn/sqm 40 40#41Development Income - Landed Residential 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 97% 16 ha Cluster B 5.4 ha 2010 85 units 99% Regent Signature 187 units Titan 59 units Cluster C 6.0 ha 2010 58 units 90% 74 units Ultimate 51 units SH5 36 units Venture Barat 84 units Cluster D 8.4 ha 2010 93 units 95% Venture Timur 62 units Quantum Garden 0.6 ha 2014 31 units 97% 75 units Ville 1 Total 297 units Garden 0.6 ha 2015 24 units 96% Ville 2 Total 331 units Soho (BS) 0.6 ha 2014 27 units 100% Launched Sold 2011 & 2012 Regent Signature 173 units (93%) Titan 74 units (100%) SH5 20 units (56%) 2013 & 2014; 2017 (Quantum) Soho (DS) 1.0 ha 2016 37 units 95% 59 units (100%) Ultimate 49 units (96%) Phase 2 Venture Barat 83 units (99%) Cluster GLA Launched Venture Timur Quantum 62 units (100%) Development Plan Sold 75 units (100%) Total 267 units (90%) Edenia (E&F) Gravillea 1.8 ha 5.4 ha 2016 249 units 86% 2018 53 units 85% Land ASP 9M20 Building ASP 9M20 Infrastructure: Rp 22.3 mn/sqm Rp 7.5 mn/sqm Total Rp 21.0 mn/sqm (Quantum: Rp 18.4 mn/sqm) 328 units (99%) Acacia 1.1 ha 2019 62 units 66% Dandelion 0.9 ha 2020 63 units. 70% Rp 8.5 mn/sqm (Quantum: Rp 7.2 mn/sqm) ASP 9M20: Land: MRT, Shuttle Bus 9.0 mn/sqm Building: 9.2 mn/sqm 41#42Development Income - Mixed Use & High-Rise Type: Mixed used & high rise Tangerang Aeropolis Projects Launched Year Year Launched Completed Total (Unit) Total (Sqm) Sold (Sqm) ASP 9M20 (Rp mn/m2) Construction Aeropolis Residence 1 & 2011 2014 1,299 25,126 22,898 (%) 13.2 100% Commercial Park Aeropolis Residence 2 2012 2017 1,048 20,248 20,145 11.1 100% Aeropolis Residence 3 2018 (T1) 100% (T1) 2014 2020 1,446 24,107 21,242 11.5 100% (T3) (Tower 1, 3, 5) (T3 & 5) 100% (T5) Aeropolis Crystal 2013 Residence (Tower 2, 3) 2018 (T2) 2019 (T3) 100% (T2) 393 14,016 13,486 10.4 100% (T3) Aeropolis Lucent 2016 E 2021 253 7,129 3,297 11.7 80% Residence Total 4,439 90,626 81,067 Aeropolis Techno Park 2014 2020 42 Phase 1-1 Land: 20,937 Building: 18,492 Land: 18,759 Building: 16,529 Land: 7.3 Building: 4.5 100% Aeropolis Techno Park 2015 2020 70 Phase 1-2 Land: 14,530 Building: 5,952 Land: 11,386 Building: 3,600 Land: 8.5 Building: 4.5 100% intiland 42 42#43Development Income - Industrial Estate Mokokerto, East Java 333333 Ngoro Industrial Park 260 km Seaport (Patimban) Subang 1370 km Seaport (Tanjung Priuk) Jakarta 360 km JAKARTA 210 km Batang, Central Java Airport (Kertajati) Cirebon 280 km BANDUNG 8 km Exit Kandeman Semarang Batang Toll Road 95 km Seaport (Tanjung Mas) Semarang 85 km Airport (Ahmad Yani) Semarang Batang Industrial Park 425 km 90 km SEMARANG Batang Industrial Park intiland 430 km Seaport (Tanjung Perak) Surabaya SURABAYA 430 km Airport (Juanda) Surabaya Total Development: Launched: Infrastructure: 505 ha 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 Sold: 323 ha Land bank: ± 85 ha Tenancy Unicharm, Mitsui-Soko, Hitachi, HB Fuller, Yakult, Roman Ceramic, Mulia Ceramic (Dharma Persada Gemilang), Cort Indonesia, Toyota Astra Motor, etc. Facility & Services Export Processing Zone, Standard Factory Building, Warehouse, Commercial Area, Clinic, Bank & ATM, Office Space, Guest House, Outdoor Sport, Police Station, Internal Security, Fire Brigade. Development plan: 500 ha 280 ha 190 ha 1st phase development: Landbank: Launched: 2020 (1st phase) Access: Toll road, main road, 90 km from Semarang, 95 km from Tanjung Mas Seaport, 85 km from Ahmad Yani International Airport Situated on solid ground ensuring stability of building structure and enables lower construction costs Surrounded by green and beautiful hilly land, a perfect environment for industry ASP 9M19: Rp 2 mn/sqm 43 33#44Recurring 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% 76,753 sqm 59,310 sqm (77%) Rp 230,000/sqm/month Retail Lettabe space: Leased space: Asking base rent: 7,542 sqm 5,277 sqm (79%) Rp 300,000-Rp 350,000/sqm/month Intiland Tower Jakarta Intiland Tower Surabaya Ownership: Infrastructure: Ownership: 100% Total area: Total area: 0.8 ha Infrastructure: Mainroad, MRT Office Tower Lettable space: 23,218 sqm Leased space: 14,612 sqm Available space: 8,605 sqm Occupancy: 63% Avg. gross rent: Rp 257,000/sqm/month South Jakarta Lettable space: Leased space: Available space: Occupancy: Avg. gross rent: 0.5 ha 100% Mainroad 19,239 sqm 10,311 sqm 8,928 sqm 55% Rp 188,000/sqm/month Launched: Total area: Ownership: Infrastructure: Spazio 2010 0.8 ha 75% Mainroad Retail (include terrace) Lettable space: Leased space: 5,114 sqm 2,439 sqm 48% Occupancy: Avg. gross rent: Rp 101,000/sqm/month Development Income Office Tower Total area (SGA): Market: Sold: 16,019 sqm Strata title 15,740 sqm (98%) Ownership: Total area: Infrastructure: Poins 50% 2.5 ha MRT 44#45Recurring Income Pipeline Projects Major Cities in Indonesia Intiwhiz Hotel Chain SITE ACCESS West Surabaya Site Location WATERENT SCONC ARTERIAL ROAD Tierra ARTERIAL ROAD 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: Infrastructure: Phase 1 Information - 100% 6.3 ha Plaza Segi Delapan, West Surabaya Mainroad 2 condominium towers Total land area: West Jakarta Ownership: Total area: Location: West One City 40% 21 ha Daan Mogot, West Jakarta Infrastructure: Train, busway, JORR toll road Building plot ratio: 4-5 10,760 sqm Project Information Condominium Tower 1 Market: Strata title High-rise residential Strata title office Market: Middle class Estimated SGA: 9,695 sqm Others Condominium Tower 2 Market: Strata title Estimated SGA: 21,161 sqm Podium / SOHO and Commercial Area Completed the construction of front entrance, roads, infrastructure and marketing office. Market: Estimated SGA: Strata/Lease 5,221 sqm intiland 445#46THANK YOU#47Contact 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