Investor Presentaiton

Risk-Based Licensing Approach Risk Level PREPARATION OPERATIONAL COMMERCIAL NIB as the single license for preparation, operational, and commercial stages Low ⚫ Business actors are still required to comply with the implementation of K3L standards NIB ⚫ For Micro & Small Businesses, guidance is carried out by the Government in the implementation of K3L standards Low Middle Upper Midle SS* : self declaration SS**: verification result NIB and Standard Certificate (SS) as the license for preparation, operational, and commercial stages Notes: NIB+SS NIB+SS* Standard Certificate in the form of self-declaration to meet business activity standards Business actors are required to meet business standards Supervision is carried out to ensure that business actors meet business standards • Standard Certificate in the form of self- declaration to meet business activity standards ⚫NIB + SS* as the license for preparation stage. verification SS** SS** is issued after verification of compliance with business standards by the Government NIB + SS ** as a business license is valid for operational and commercial stages High NIB NIB as the business license for the preparation stage NIB + LICENSE Companies must meet all the requirements before license is issued. NIB + Permit as business license for the operational and commercial stages Source: Ministry of Investment (BKPM) 30 30

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