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Operational Excellence and Employee Training Overview

INVENTORY LEVEL (Days, IDR bn, %) MAP Mitra Adiperkasa 2019 2020 2021 1Q22 Aging inventory > 6 month 23% 38% 43% 31% INVENTORY DAYS 109 2019 152 125 106 2020 2021 1Q22 The strong gross margin gains in Q1 were driven by higher full price sales via ever fine tuning of the Group's merchandise planning and data analytics. This allowed improved targeting of its best customers and better inventory management control through disciplined supply chain optimization - hence, resulted in lower inventory days and aging. 21 21

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