Investor Presentaiton

1 2 Large land bank to sustain medium to long term development intiland Land area (ha) Large land bank of c. 2,066.2 ha (as of Mar 2019) is sufficient to sustain ongoing developments for the next 20 years Undeveloped Land bank Surabaya & Greater Surabaya area Undeveloped Land bank Land area (ha) Maja, Banten Tangerang, Banten Others Jakarta area 90.5 Total land bank 2,066.2 ha Talaga Bestari, Cikupa 76.0 1,068.7 - Others Surabaya area 235.9 8% 13% 393.9 Pantai Timur, Surabaya 90.1 1% Bukit Pencu, Surabaya 33.0 Bukit Sampe, Trawas 31.8 Lontar 23.2 Serenia Hills 1.3 79% Graha Famili, Surabaya 8.8 Gandaria, Jakarta Pondok Pinang 3.9 Jakarta & Greater Jakarta area 3.3 Jajar Tunggal 4.9 Wiyung 1.0 Jakarta & Greater Jakarta area 1,637.5 ■Greater Jakarta ■Greater Surabaya ■ Jakarta ■Surabaya Surabaya & Greater Surabaya area 428.7 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) 25 25

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