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Investor Presentaiton

Burger King Indonesia Burger King Indonesia at a glance An impressive QSR platform combining scale, growth and profitability Master franchisee Pan Indonesia exclusive rights to 2039, with the option to sub-franchise and renew LIÐ BURGER KING 2nd largest Burger QSR chain in Indonesia Fastest growing Burger QSR chain of scale in Indonesia m +120 net new stores added between 2016 and 2020 ~185 stores across 13 provinces by end 2021F ~ 3.0 m contact points Full CRM Stack 3.6x1 2016 to 2020 revenue growth to US$77m Notes: 1 2 Local currency converted to US$ based on 1 US$: 14,500 IDR Store growth based on internal estimates and targets. Estimated as at December 2021 $ 4.0x1,2 2016 to 2020 Store EBITDA growth to ~ US$ 11.6m . $ 12.0x2 2016 to 2020 Company EBITDA growth to US$ ~4.7m Source: Euromonitor, Company 8
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