Investor Presentaiton

Republic of Indonesia - Global Sukuk US$3bn 34% 6% 8% Issuer Issue Format Issuer Rating Pricing Date Republic of Indonesia 144A/Reg S, Senior, Unsecured, Wakala US$ Trust Certificate ("Sukuk") issued under a USD$25billion Trust Certificate Issuance Program Baa2 Moody's (Stable) / BBB S&P (Neg) / BBB Fitch (Stable) Investor Breakdown by Investor Type 5-Year USD 7% 10% 10-Year USD 12% 30-Year USD 27% 35% 02 June 2021 18% Issue Date 09 June 2021 (T+5) Tenor Maturity 5-year Sukuk 9-Jun-26 10-year Sukuk 9-Jun-31 30-year Green Sukuk 9-Jun-51 33% 6% 16% 29% Trance Size Profit Rate USD1.25B USD1.00B 1.5% fixed, semiannual, 2.55% fixed, semiannual, 30/360 30.360 Re-Offer Price 100.00% 100.00% Re-Offer Spread UST +70.4bps UST +95.7bps Listing Joint Bookrunners Co-Managers USD750M 3.55% fixed, semiannual, 30/360 " ■ ME/Islamic ■ Europe ■ US ■ Asia (ex-Indonesia) Indonesia Investor Breakdown by Geography 100.00% UST +125.5bps 5-Year USD 10-Year USD 2% 256 23% 30-Year USD 1% 19% Transaction Highlights . SGX-ST and Nasdaq Dubai CIMB, Citigroup, Dubai Islamic Bank, HSBC, SCB (B&D) PT BRI Dana Sekuritas and PT Trimegah Sekuritas Indonesia Tbk Republic of Indonesia marked their annual return to the Sukuk market with the issuance of Global Sukuk which was very well received by investors by generating a total order book in excess of USD 10.3 billion reflecting an oversubscription of more than 3.43x. • The transaction was carried out in line with the 2021 financing strategy, including accommodating the needs of the state budget in handling the impact of the Covid 19 pandemic. The USD 3 billion issuance also included a Green Tranche. The Green tranche was issued under the 30 year tenor for the first time, which is also the first in the world, after consistently issuing Green Sukuk with a 5 year tenor every year since its debut in 2018. This aptly demonstrates the Republic's dedication and long term commitment to Green and sustainable finance, as well as pioneering financing methods in the fight against climate change. Source: Ministry of Finance 41% 40% 12% 5% 30% 4% 10% 12% - Fund Managers - CBS/SWFs - Ins/Pension = Banks ■ PB & Others Achievement ■ Lowest ever 5, 10 and 30 year yield, spread over UST and profit rate achieved by the Republic of Indonesia for global Sukuk issuance, First ever 30 year Green Sukuk issuance in the world, ■Robust investor orderbook allowed pricing below fair value across all tranches. Challenges Global • financial market conditions are very volatile and still affected by the Covid 19 pandemic • Performed under WFH conditions . No roadshow. 88 63%

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