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Financial Results Presentation

Consolidated Performance - 1Q 2022 Consolidated Statements of Financial Position Delta Dunia Consolidated Statements of Profit or Loss and OCI Cash and cash equivalents In US$ mn (unless otherwise stated) Other financial assets - current Mar-22 Dec-21 YTD In US$ mn (unless otherwise stated) Mar-22 Mar-21 YOY 138 194 -29% Net revenues 332 160 108% 18 26 -32% Revenue excl. fuel 291 145 102% Trade receivables - current 323 295 9% Other current assets 188 158 19% Cost of revenues Gross profit (301) (152) 98% 31 8 300% Fixed assets - net 852 849 0% Operating expenses (18) (9) 97% Other non-current assets 114 114 0% Finance cost (15) (23) -37% TOTAL ASSETS 1,633 1,636 0% Others - net 3 (6) -154% Pretax profit 2 (30) -106% Trade payables LT liabilities - current Other current liabilities 187 253 -26% Tax expense (2) 5 -146% 116 100 16% Profit (loss) for the period (0) (25) -98% 125 121 3% Other comprehensive income (loss) - net (1) (0) 778% LT liabilities - non current Other non-current liabilities TOTAL LIABILITIES 873 830 5% Comprehensive income (loss) (1) (25) -94% 71 66 7% EBITDA 70 31 122% 1,371 1,370 0% 2) Basic EPS (in Rp) ´ (0) (42) -100% TOTAL EQUITY 261 266 -2% Notes: Financial Ratios 1) Mar-22 Mar-21 1) Margins are based on net revenues excluding fuel 2) Reported Basic EPS translated into Rp using average exchange rate of Rp 14,346 and Rp 14,185 for 1Q22 and 1Q21 respectively.. Gross margin 10.7% 5.4% Operating margin 4.6% -0.9% EBITDA margin 23.9% 21.8% Pretax margin Net margin 0.6% -20.9% -0.2% -17.7% - STRICTLY CONFIDENTIAL - 31
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