#1oratelindo broadband company PT Mora Telematika Indonesia ("Moratelindo") Summary to Annual Report April 2022#2Disclaimer You must read the following before continuing. This following presentation has been prepared by PT Mora Telematika Indonesia Tbk (the "Company") solely for information purposes only and does not constitute a recommendation regarding any securities of the Company. The information contained in these materials has not been independently verified, approved or endorsed and is subject to material changes. The information and opinions in this document are of a preliminary nature, subject to change without notice, its accuracy is not guaranteed and it may not contain all material information concerning the Company. Neither the Company nor any of its subsidiaries or affiliates (together with the Company, the "Group") make any representation, express or implied, regarding, and assumes any responsibility or liability whatsoever (in negligence or otherwise) for, the accuracy or completeness of, or any errors or omissions in, any information contained herein nor for any loss howsoever arising from any use of these materials. The information contained in this document should be considered in the context of the circumstances prevailing at the time and is subject to change without notice and will not be updated to reflect material developments that may occur after the date hereof. The statements contained in this document speak only as at the date as of which they are made, and the Company expressly disclaims any obligation or undertaking to supplement, amend or disseminate any updates or revisions to any statements contained herein to reflect any change in events, conditions or circumstances on which any such statements are based. This presentation may not be all-inclusive and may not contain all the information that you may consider material. By preparing this presentation, none of the Company, its management nor any of its subsidiaries, affiliates, shareholders, directors, employees or agents undertakes any obligation to provide you with access to any additional information or to update this presentation or any additional information or to correct any inaccuracies in any such information which may become apparent. Certain statements in these materials constitute "forward-looking statements" and information with respect to the future financial condition, results of operations and certain plans and objects of management of the Company and the Group. Forward-looking statements may include words or phrases such as the Company or any of its business components, or its management "believes", "expects", "anticipates", "intends", "plans", "foresees", or other words or phrases of similar import. Similarly, statements that describe the Company's objectives, plans or goals both for itself and for any of its business components also are forward-looking statements. Such forward-looking statements are made based on management's current expectations or beliefs as well as assumptions made by, and information currently available to, management. The Company does not assume any responsibility to update forward-looking statements or to adapt them to future events or developments. These forward-looking statements speak only as at the date of this presentation and nothing contained in this presentation is or should be relied upon as a promise or representation as to the future. There is no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. These forward-looking statements are based on the Company's current views concerning future events, and necessarily involve and are subject to risks, uncertainties and assumptions and other matters beyond the control of the Company. Actual future performance could differ materially from these forward-looking statements, and you should not place any undue reliance on these forward-looking statements, which speak only as of the date of these materials. The information in these materials is provided as at the date of this document (unless stated otherwise) and is subject to change without notice. No representation is being made that such forward-looking statements and information will actually be achieved. You should carefully consider such forward-looking statements and information (as well as the information in this presentation generally) and should not place undue reliance on these forward-looking statements. oratelindo broadband company 1#3Disclaimer (Cont'd) To the extent available, the industry, market and competitive position data contained in this presentation has come from official or third party sources. Third party industry publications, studies and surveys generally state that the data contained therein have been obtained from sources believed to be reliable, but that there is no guarantee of the accuracy or completeness of such data. While the Company believes that each of these publications, studies and surveys has been prepared by a reputable source, the Company has not independently verified the data contained therein. In addition, certain industry, market and competitive position data contained in this presentation come from the Company's own internal research and estimates based on the knowledge and experience of the Company's management in the market in which the Group operates. While the Company believes that such research and estimates are reasonable and reliable, they, and their underlying methodology and assumptions, have not been verified by any independent source for accuracy or completeness and are subject to change without notice. Accordingly, undue reliance should not be placed on any of the industry, market or competitive position data contained in this presentation. No representation or warranty, expressed or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of, the information (including certain data that was obtained from various external data sources, and which have not been verified with independent sources) or otherwise made available or opinions or as to the reasonableness of any assumption contained herein. This information and materials should not be regarded by you as a substitute for the exercise of your own judgment. It is not the intention to provide, and you may not rely on these materials as providing, a complete or comprehensive analysis of the financial or trading position or prospects of the Company and the Group. The information contained in these materials includes historical information about, and relevant to the assets of, the Company and the Group that should not be regarded as an indication of the future performance or results of such assets. This presentation is for information purposes only and does not constitute a prospectus, offering circular or other offering memorandum or form part of an offer, solicitation, recommendation or invitation of any offer, to buy or subscribe for any securities in any jurisdiction, nor should it or any part of it form the basis of, or be relied in any connection with, any contract or commitment whatsoever or as an inducement to enter into investment activity. No part of it nor the fact of its presentation shall form the basis of or be relied upon in connection with any investment decision, contract or commitment whatsoever. No reliance may be placed for any purpose whatsoever on the information set forth in this document or on its completeness. This presentation is not directed to, or intended for distribution to or use by, any person or entity that is a citizen or resident or located in any locality, state, country or other jurisdiction where such distribution, transmission, publication, availability or use would be contrary to law or regulation or which would require any registration or licensing within such jurisdiction. Failure to comply with this restriction may constitute a violation of applicable securities laws. This presentation and the information contained herein does not constitute or form part of any offer for sale or subscription of or solicitation or invitation of any offer to buy or subscribe for any securities of the Company. This document is not an offer of securities for sale in the Republic of Indonesia and is not intended to constitute a public offering under Indonesian Law No. 8 of 1995 on Capital Markets and its implementing regulations ("Indonesian Capital Market Law"), which is defined as an offer to more than 100 Indonesian parties (including Indonesian citizens or entities in Indonesia or offshore, or foreign nationals domiciled in Indonesia) and/or to fewer than 100 Indonesian parties but result in sales to more than 50 Indonesian parties (including Indonesian citizens or entities in Indonesia or offshore, or foreign nationals domiciled in Indonesia). This document is not financial, legal, tax or other product advice. oratelindo broadband company 2#4Vision and Mission Moratelindo's growth is driven by focusing on several key objectives VISION L Actively contribute to transform the country into a leading digital society MISSION To develop the best-in class national telecom infrastructure, leading telecommunication services and digital ecosystem oratelindo broadband company 3#5Our achievement at a glance 51.749 km Total network length Network and Services ODDD Financials 21,000 G Data capacity 385 Points of presence IDR 4.180bn 2021 Revenue -6,700 ~112K 6 Enterprise customers FTTH customers Data centers Source: Company information, data as of Dec 31, 2021 oratelindo broadband company 50% 2021 EBITDA Margin 4#6The 5 pillars of our business and the Palapa concession One of Indonesia's largest privately-owned telecom infrastructure platforms servicing all key segments of technology and telco markets in the nation Enterprise Full suite of Fiber-to-the-X ("FTTX") solutions including Fiber-to-the-Building ("FTTB") Optimal fiber and network connectivity solutions Wholesale Telco Retail Full suite of Fiber-to-the- Home ("FTTH") solutions Data center Data center solutions across Indonesia oratelindo broadband company Palapa concession & others 15-year concession of the East and West Palapa Ring fiber optic network(1) Source: Company information (1) Commencing from the initial date of operations, which is Mar 2018 and Aug 2019 for the Palapa Ring West Package and the Palapa Ring East Package respectively. oratelindo broadband company 5#7Key Milestones Proven track record in developing Indonesia's digital infrastructure FO Length (in km) 60,000 50,000 40,000 ■ Granted Facility Based Operations license in Singapore ■ 2nd Int'l link of Batam-Dumai- Malacca (Submarine - 2009) ■ Sumatera backbone "Oxygen" was introduced to market ■ Award of East package Palapa Ring ■ Award of West package Palapa Ring ■ Decision to expand to FTTX Corporate market ■ Metro-e development in 21 cities ■ 1st int'l link of Jakarta- Singapore (Submarine) ■ Establishment of Moratel Int'l Pte. Ltd. 30,000 ■ 1st milestone as infrastructure provider (Java Backbone) 20,000 ■ 3rd Int'l link of Jakarta- Bangka-Bintan-Batam- Singapore (Submarine) ■ Establishment of Nusantara Data Center (6 NDC) L Expanding new retail market outside Java island ■ Deploy Ducting Semarang ■ East Palapa live in Aug 2019 ■ West Palapa live in Mar 2018 ■ Launch "Oxygen" to retail Market (FTTH) 30,018 40,442 36,951 51,749 48,515 ■ Establishment ■ Started as calling card 10,000 provider and ISP 18,914 14,140 9,681 7,620 6,020 936 0 7.5 2000 2007 2008 2010 2012 2014 2015 2016 2017 2018 2019 2020 2021 Source: Company information oratelindo broadband company 6#8Our achievements and strengths Strong backbone network, delivering high quality services oratelindo broadband company Proven track record in developing Indonesia's digital infrastructure Diversified well- established multinational client base บบบ Solid financial performance Experienced management team with diverse competencies 7#9Favorable macroeconomic and demographic factors Well-positioned to capture the opportunities for growth expected in the Indonesian internet market Large scale economy Growing affluence Young demographics Digital transformation WWW 275 million people (1) 4th largest economy globally US$1.0+tn GDP(1) ~US$4,000 GDP per capita(1) 8.5% GDP CAGR for 2021-2026 2.9% Disposable income CAGR for 2021-2026 Median age of 31 years 9 hrs Online/Day Millennials with "Internet lifestyle" 21% Average mobile data usage CAGR for 2021-2026(2) Average fixed data usage of 110GB/month by 2026 Source: Analysys Mason, USD1 to IDR14,337. (1) (2) As of 2020. Per connection. oratelindo broadband company 8#10Wholesale telecom Retail telecom Our market opportunity Expanding Addressable Markets 2021 Addressable Markets Fiber Infrastructure Rp. 10.7 trn Ducting Infra- structure(1) Rp.10.7 trn Fiber-to-the-X ("FTTX") (2) Rp. 53.9trn Data center Rp.2.2trn (3) Rp.56.1 trn 2026 Addressable Markets Ducting Infrastructure Fiber Infrastructure Rp. 22.5 trn Rp. 0.6 trn >> Rp.23.0 trn CAGR 16.6% Fiber-to-the-X ("FTTX") (2) Data center Rp. 82.5 trn (2) Rp. 10.1 trn(3) >> Rp.92.6 trn Source: Analysys Mason (1) (2) (3) Relatively small market size at the current time although demand could significantly pick up in the coming years. Including residential broadband, enterprise broadband, enterprise dedicated connections Refer to Co-location data-centre market size. oratelindo broadband company CAGR 10.5% 9#11Favorable macroeconomic and demographic factors Strong economic growth supported by the high proportion of young and working population in Indonesia Robust GDP growth trend to sustain in the coming future Nominal GDP (IDR quadrillion) and nominal GDP per capita Above average GDP growth across South-East Asia Growth in nominal GDP in South-east Asia Forecast +8.5% 10.9% +8.5% 86.5 80.5 75.0 8.7% 55.1 58.2 56.1 59.2 64.0 69.6 8.5% 8.0% 47.1 51.1 25 7.0% 23 20 21 18 4.7% 4.5% 14 15 16 15 16 12 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Nominal GDP Nominal GDP per capita ASEAN average High proportion of young and working age population with over 55% below 35 Population distribution in Indonesia by age group A young and growing society across South-East Asia Median age in Indonesia and ASEAN countries Forecast 6% 6% 6% 6% 6% 6% 34% 35% 35% 36% 36% 36% 36% 36% 37% 37% 7% 7% 7% 7% 39 8% 36 37% 33% 33% 32% 32% 33% 32% 32% 31% 31% 31% 31% 27% 27% 27% 26% 25% 26% 26% 25% 25% 25% 24% 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Population aged: 0-14 ■15-34 35-64 65+ Source: Analysys Mason. oratelindo broadband company 32 32 32 32 31 29 29 Average 24 24 10#12Reflect huge growth potential in digital infrastructure With market trend to shift to Over the Top ("OTT") service and tailwinds of COVID, Indonesia is expected to see vast growth potential from both retail and enterprise market Continuous demand for digital infrastructure with tailwinds increasing OTT voice traffic Robust growth in Indonesia enterprise market across all different market segments OTT voice traffic (billion minutes) Indonesia market revenue by segment (IDR trillion) CAGR: +47% 226 186 127 89 48 CAGR: 16.5% CAGR 37.8 34.4 29.9 29% 25.7 11.5 9.7 20.5 7.8 6.2 4.1 15.2 15.8 9.4% 14.1 12.6 11 5.4 6.9 8.0 9.5 10.5 18% 2016 2017 2018 2019 2020 2016 2017 2018 2019 2020 Increasing trend from residential subscribers and household Residential fixed broadband subscribers (million) and household penetration (%) ■Enterprise broadband Enterprise connection laaS/PaaS/Co-location and hosting Fastest growing countries across South-East Asia over the last 5 years Indonesia market CAGR by segment 2016-2020 Forecast CAGR: +14.6% 28% 18.2% 24% 26% 21% 19% 15% 13% 10.0 11.8 14.4 16.7 18.8 20.7 22.6 2020 2021 2022 2023 2024 Residential fixed broadband connections Source: Analysys Mason. oratelindo broadband company 2025 9.4% 5.6% 13.5% 5.1% 2.8% 1.0% Indonesia (1.2%) Singapore Philippines 2026 Enterprise broadband Household penetration 1.9% Thailand (0.1%) Malaysia Enterprise connection 11#13...Supported by an underpenetrated digital infrastructure network for development Increasing connections and strong demand for data consumption will continue to drive the Indonesian digital infrastructure space Unique subscribers are expected to grow Unique mobile subscribers and unique subscriber penetrations Indonesia lags in the adoption of mobile technologies Share of 4G/5G as a proportion of total mobile connections in 2020 Forecast +1.6% +2.0% 93% 83% 62% 63% 64% 65% 66% 67% 67% 67% 67% 68% 68% 79% 69% 65% 65% 45% 164 167 180 177 173 185 188 190 193 195 198 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Unique mobile subscriber (mn) Unique mobile penetration Average Low penetration of fixed broadband penetration compared to other South-East Asia countries Benchmarks of household fixed broadband penetration Low subscriber penetration offers considerable headroom for growth Unique subscriber penetration across benchmark countries 102%106% 101% 89% Source: Analysys Mason. oratelindo broadband company 84% 71% 60% 62% 52% 55% 56% 40% 40% 36% Average ■2020 ■2026 28% 13% 88% 87% 80% 76% 75% 67% 66% Average 12#14Our market opportunity- Fibre infrastructure Backhaul requirements and the steady growth of data traffic will fuel market, providing considerable opportunities to infrastructure suppliers through fiberizing Increasing demand from both retail and enterprise market Robust growth with market size exceeding IDR20tn by 2026 // Soaring consumer data usage to reach ~20GB/month(2) by 2025 Growth in residential fixed broadband subscriptions Growth in enterprise data revenue with tailwinds from Government "MSME (1) Go Online" initiative Indonesia's wholesale fibre market revenue (IDR trillion) Forecast 13.2 10.7 8.4 +17.8% 22.5 20.9 18.7 16.0 2020 2021 2022 2023 2024 2025 2026 Increasing backhaul requirements as mobile technologies advance (5G) Source: Analysys Mason. (1) (2) MSME is defined as micro-small-medium enterprises. Data usage per mobile connection. oratelindo broadband company Wholesale fibre market revenue 13#15Our market opportunity- FTTx Fiber to the x ("FTTX") network to further grow as enterprise digitalization, adoption of cloud and increasing coverage will facilitate the adoption of high-speed broadband Existing under-penetration and increasing demand for high- bandwidth connections... ...Results in growth of both enterprise and residential segments Enterprise market revenue (IDR trillion) Forecast Soaring increase in data consumption +4% +13% 24.7 26.3 27.4 28.7 30.0 31.1 32.1 33.1 22.1 19.5 16.4 15.2 15.8 16.1 16.4 16.7 16.8 16.9 17.0 14.1 12.6 Growth in the number of households and the average disposable income 11.0 5.4 6.9 8.0 9.5 10.5 11.3 12.3 13.3 14.3 15.2 16.1 2016 2017 2018 2019 2020 Fixed broadband 2021 2022 2023 2024 2025 2026 Dedicated connection Work from home arrangement and home schooling during COVID Residential fixed broadband market revenue (IDR trillion) Forecast +13% 49.5 45.6 41.8 37.1 31.6 26.5 23.7 t Digitalisation of enterprises and SMEs (1) 2020 2021 2022 2023 2024 2025 2026 Source: Analysys Mason. FTTx accounts for -90% of the fixed broadband market. (1) SME is defined as small and medium enterprises. oratelindo broadband company 14#16Our market opportunity- Data centres Entry of hyperscalers and demand for local data storage as mandated by regulations will drive robust growth for the local data centre market Increasing demand from the start-up ecosystem is to drive the growth in the hyperscaler segment Vibrant start-up ecosystem with fast-growing IT requirements Strong demand for co-location data center services driven by demand from hyperscalers and capacity expansion Co-location data-centre market size in Indonesia (IDR trillion), by type Forecast +33% 10.1 8.5 6.7 7.2 4.8 5.8 3.3 4.3 1.8 2.2 2.7 Changing perception of co-locations and cloud services 1.3 0.3 0.4 1.6 1.8 1.9 2.1 2.4 2.6 3.0 2020 2021 2022 2023 2024 2025 2026 ■ Traditional ■ Hyperscale Co-location data- centre capacity in Indonesia (MW) by type Forecast Content caching as traffic booms 328 +28% 286 254 212 171 260 220 120 190 150 73 110 60 000 14 Regulation on sensitive data storage to drive demand for local data centres 60 60 61 62 64 66 68 2020 2021 2022 2023 2024 2025 2026 Source: Analysys Mason. oratelindo broadband company ■Traditional ■ Hyperscale 15#17Our market opportunity- Ducting Strategic initiative by a few city governments leads the technology advancement and development trend Public-sector ambition to deploy ducting fibre driving overall market growth Nurtures huge headroom for growth in market size as surrounding cities follow Indonesia's ducting rental revenue (IDR bn) market Deployment of smart-city solutions Quick fiber deployment to market 81.8 +195.0% 185.2 351.3 552.9 7.3 Increase the aesthetic appeal of the cities 2022 2023 2024 2025 2026 Source: Analysys Mason. oratelindo broadband company 16#18One of Indonesia's largest privately-owned telecommunications network and infra providers Total Fiber Optic 100% Point of Presence 385 Data Center 6 Data Center Utilization Rate 70% Network 51,749 Km Length Homes Passed 413,025 Total Subscriber 111,968 FTTH Utilization / Penetration Rate 27% Network Data Capacity 21,000 G Medan Kisaran Aek Nabara Dumal Duri Slak Pekanbaru P.Cermin Panipahan Malaka Bengkalis Tebing Tinggi Karlmun MORATELINDO BACKBONE NETWORK TPinggir Batam TJ. Bemban Bintan Tarempa Ranai Daik Lingga Kuala Tungkal Pesaren Sungal Liat Kaba Toboali Tj. Pandan Mentigi Singkawang Pontianak Sungai Kakap Sungai Akar Bukit Baling Jambi Sri Gunung Palembang SUMATERA SBB BACKBONE RING Bumi Agung Lempuyang Bandar Kedatan Kalianda ULTIMATE UJB JAVA BACKBONE RING Distrik P.Lumut Tellanalpura Anyer Serang LEGEND DK Jakarta C Ancol Bobotsari -Salatiga Tj. Pakis Karawang Purwakarta Subang Indramayu Sumedang Cirebon Tegal Pekalongan Waleri Kendal Purwodadi Cepu Semarang Bojonegoro Lamongan Banyu Urip Surabaya JAVA SUBMARINE (JAYABAYA) Mojokerto Pasuruan Probolinggo Lumajang Sorong FEF Alfat Teminabuan Kawindamae Labuhanbajo Tiakur Bima Amlapura Mataram Sape Ruberg Balawa Wetar Ende Maritaing Alor Sauma kii Bogor Sukabumi Cirajang Bandung Cilacap Garut Clamis Gandrungmangu Purwokerto Kebumen Wates Yogyakarta Madiun །། Secang Nganjuk Surakarta Jombang Puger Jember Candingan Malang Banyuwangi Padang Galak Negara NTB Waingapu Sa bu Pasirian Moratelindo Submarine Cable Moratelindo Inland Cable Palapa Ring Barat Submarine Cable Palapa Ring Barat Inland Cable Source: Company information, data as of Dec 31, 2021. oratelindo broadband company Dil Anggi Ramsiki sintuni Tangguh Raisiel Nabire Kigamani W E Manokwari Numfor Sorendiwer Biak Serui Botawa Enaretall Tigi Tud Timi ka llaga Dobo Tiom Wamena Agats Kenyam Sumohai Dakai Oksibil Burmese Sami Sugapa Kota Mulia Karu baga Kobakma Elem Kapi Tanah Merah Warapko Muting Marauke Waris Jayapura Palapa Timur Telematika Submarine Cable Palapa Timur Telematika Inland Cable Radio Connection State Capital Point of Presence (POP) JIBA B3) S Jambi Batam Cable-system Jakarta - Bangka - Batam - Bintan - Singapore Inland Amplifier (ILA) MIC-1 D Nusantara Data Center (NDC) BDM Moratelindo International Cable-system One Batam - Dumai - Malaka 17#19We Serve All Key Segments of the Telecommunications Markets In Indonesia Our comprehensive set of service offerings and licenses positions us to capture the opportunities available in the digital telecommunications infrastructure space Our Segments " ■ Telco & Its Ecosystem International Private Leased Circuit ("IPLC") Domestic Leased Circuit ("DLC") IP Virtual Private Network ("MPLS") Interconnection, data center, cloud and hosting Infrastructure services ex. ducting rental and tower colocation Wholesale IP transit Backbone, IPLC, DLC, and MPLS Interconnection, internet, data center, cloud and hosting Infrastructure services ex. ducting rental and tower colocation Enterprise " Dedicated internet services " Oxygen.id Soho broadband internet Data center Domestic leased line (Metro) oratelindo broadband company ■ VSAT Others Palapa Ring Project Other projects ■ " Retail Quadruple play & Triple play services Internet services Telephony and cable television 18#20Diversified well-established multinational client base Our client base ranging from major regional mobile and fiber operators, multinational enterprises and Over-the-Top media services ("OTTS") oratelindo broadband company Our customers include: Mobile network operators (MNOS) Internet service providers (ISPs) Tier 1 international telcos Over-the-Top (OTT) companies Cloud providers Content providers Large enterprises Small and medium enterprises Retail customers High renewal rates across business segments on back of strong offering of products and services A Telco Segment: -100% Wholesale Segment: -96% Retail and Enterprise Segment: -95% Source: Company information oratelindo broadband company 19#21Strategic relationship with Smartfren Smartfren subscribed to Company's new shares issuance in 2021, resulting being a shareholder with 20.5% stake 1 Long-term business partner One of major customers on telco segment with business collaboration for more than one decade, contributing for 14.5%(1) of Moratelindo's 2021 total revenue smartfren communication & technology Strategic collaboration 2 Business synergy ■ Potential synergy Fiber optic usage - Data center usage - Ducting and pole plan 3 Strengthen competitiveness Convergence trend between fixed broadband and mobile broadband is expected to strengthen competitiveness to win market Source: 2021 annual report. oratelindo broadband company C 20 20#22Experienced management team Our management team are formed by industry experts with diverse competencies Galumbang Menak President Director & CEO 20+ President Director since 2001 Telkom Indonesia UNIVERSITAS INDONESIA nusatrip Veritas, Probitas, hetila Eg 20+ Jimmy Kadir Vice President Director & CFO INNOVATIVE SOLUTION PROVIDER ibs PT. INTI BANGUN SEJAHTERA, Tbk. ABM KAPAL API GLOBAL Michael C. Mcphail Chief Technology Officer ~ UNIVERSITAS TRIBAKTI 20+ XL Axiata AXIS HERIOT WATT UNIVERSITY Founder and Commissioner at Nusatrip.com (2012-Present), Operational Director at PT Wahana Lintas Sentral Komunikasindo - Telkom Group (2001-2004), Senior Manager of Business Development at PT Telekomindo Primabhakti (1996-2000), Engineer at PT Telekomunikasi Indonesia (1992-1996) Received his Bachelors (S1) of Engineering from the University of Indonesia ■ Vice President Director since 2018 ■ Director at Moratelindo (2016-2018), Independent Director at PT Inti Bangun Sejahtera Tbk (2014), Accounting Manager at PT ABM Investama Tbk (2011-2013), Accounting Manager at PT Kapal Api Global (2010-2011) ■ Received his Master of Economy from University of Pancasila and Bachelors (S1) in Economics from Trisakti University Jakarta Chief Technology Officer since 2016 ■ SVP Demand Management & Technology Strategy at PT XL Axiata Tbk (2014-2015) and Chief Technology Officer at PT Axis Telekom Indonesia (2011-2013) ■ Received his Master of Engineering with Merit from Heriot-Watt University, UK Extensive local market experience and industry insight oratelindo broadband company A diverse array of fields, including digital infrastructure, telecommunications, data centers and information technology Years of experience 21#23Proven track record in developing Indonesia's digital infrastructure | Proven track record of deploying projects successfully in challenging geographical areas Palapa Ring West MALAYSIA Singapore SUMATERA Project highlights: ✓ Length: Commencement: Concession period: Source: Company information oratelindo broadband company PALAPA RING BARAT But Membangun Meg Palapa Ring East MALUKU WEST PAPUA PALAPA TIMUR TELEMATIKA But Membangun Negeri PAPUA WEST NUSA TENGGARA EAST NUSA TENGGARA One of a few fiber optic telecommunications infrastructure projects throughout Indonesia ✓ Serves as foundation of all telecommunications operators and users of telecommunications services in Indonesia and is integrated with the existing network of telecommunications operators Palapa Ring West: Submarine: 1,727km, Inland: 404km Palapa Ring East: Submarine: 4,557km, Inland: 2,446km Mar 2018 for Palapa Ring West, and Aug 2019 for Palapa Ring East 15 years after commencement Legend: West Palapa submarine cable West Palapa inland cable East Palapa submarine cable East Palapa inland cable East Palapa radio connection Point of presence ("POP") Inland amplifier ("ILA") 22 22#24We work with local governments to develop shared ducting and pole infrastructure Further strengthen our leading position through shared ducting and pole infrastructure in Tier-1 and Tier-2 cities across the country Develop Indonesia major cities with deploying shared ducting and tower pole Difficult to achieve infrastructure expansion through fiber optic and tower pole in big cities Key benefits of shared ducting and tower pole ✓ Strengthen our leading position by providing 5G readiness ✓ Upgrading infrastructure to support digitalization ✓ Development of "Smart Cities" ✓ Improve operational efficiency (Ig)) Jakarta P: 10.8m Other Jakarta Satellite Cities P: 9.3m Semarang P: 1.7m Yogyakarta P: 0.4m ((9)) T (18) Surabaya Malang P: 0.9m P: 3.2m Denpasar P: 1.0m Before After Source: World Bank, Public Sources. oratelindo broadband company INDONESIA Legend: Note: Project agreement sign P: City's population. Pipeline 23 23#25Revenue Composition per Segment Robust revenue growth was mainly attributed to the increase in the Enterprise/Retail segment and Telecommunication service revenue 54.5% 8.5% 12.6% 10.4% 10.2% 11.7% 15.1% FY 2019 Telecommunication Enterprise/Retail 34.7% FY 2020 Wholesale 15.8% 15.5% 9.2% 33.1% 29.1% FY 2021 10.9% 28.7% - Others Palapa Others - Non-Palapa Source: Company Information, annual reports Notes: As of December 31, 2020, there was no longer any recognition of construction revenue from service concession due to the implementation of accounting standard ISAK 16 "Concession services" oratelindo broadband company 24 24#26Financial Highlights Moratelindo has successfully diversified its revenue base and grown Non-Palapa revenues, driven by the strong demand for Internet capacity Revenue Composition by Palapa vs Non-Palapa (1) Gross Profit and Margin (IDR bn) (IDR bn) 4,062.4 1,266.8 946.9 4,180.1 3,765.7 1,217.3 1,307.9 2,795.6 2,962.8 2,457.8 1,848.7 47.5% 65.8% 60.7% 2,477.2 2,537.3 1,931.2 2019 2020 2021 2019 2020 2021 ■Non-Palapa ■Palapa (Non-Construction) Palapa (Construction) ■Gross Profit Margin EBITDA and Margin (2) (IDR bn) 37.6% Net Profit and Margin (IDR bn) 51.3% 49.9% 16.6% 18.0% 16.1% 2,084.9 1,932.4 679.7 676.1 1,526.7 671.4 2019 2020 ■ EBITDA 2021 Margin 2019 2020 ■Net Profit 2021 Margin Source: Company information, annual reports (1) 2019 revenue excludes Palapa construction revenue from concession project. As of December 31, 2020, there was no longer any recognition of construction revenue from service concession due to the implementation of accounting standard ISAK 16 "Concession services". (2) EBITDA refers to earnings before interest, tax, depreciation and amortization and margin is defined as EBITDA divided by consolidated revenue. oratelindo broadband company 25#27Cash and Liquidity Position Over the years, Moratelindo has demonstrated the ability to strengthen its balance sheet and improve its liquidity position Net Debt (IDR bn) Total Equity (IDR bn) 7,101.0 6,710.6 6,837.0 1,432.2 1,059.2 494.8 3.2x 2.1x 1.5x 4,558.4 3,207.5 2,192.8 8,533.2 7,896.2 7,205.4 2019 ■Borrowings 2020 ■Cash & Cash Equivalents 2021 Net Debt Net Debt/EBITDA 4.7x 2019 3.5x 3.3x 2019 2020 2021 ■Total Equity Net Debt/Equity Current Asset and Current Liabilities (IDR bn) 117.4% 143.8% 3,730.1 3,178.3 2,779.6 1,932.8 100.2% 3,442.7 3,434.5 2020 2021 ■Net Debt/EBITDA 2019 ■Current Asset 2020 ■Current Liabilities 2021 Current Ratio Source: Company information, annual reports oratelindo broadband company 26#28Capital Expenditure For the years ended December 31, 2019, 2020 and 2021, the majority of Moratelindo's capital expenditure was for network expansion Capital Expenditure (IDR bn) 1,864.3 2019 Others, 13.1% 1,614.3 Others, 2.5% Telecommunication Facilities, 29.3% 1,014.6 Telecommunication Facilities, 49.8% Others, 3.1% Telecommunication Facilities, 28.0% Construction in Progress, 57.6% ■Construction in Progress 2020 Construction in Progress, 47.6% ■Telecommunication Facilities Others 2021 Construction in Progress, 68.9% Budgeted capex for 2022 and 2023 is approx. Rp 5 trn, where approx. 25%, 46% and 29% will be used for the expansion of our backbone, access and FTTH networks respectively Source: Company information, annual reports Notes: Others comprise of land, buildings, office furniture and fixtures, vehicles oratelindo broadband company 27#29oratelindo broadband company Thank You! 28