Investor Presentaiton

1. INCOME TAX 3. Non-taxable Gross-turnover Threshold for Individual Taxpayers. Individual entrepreneurs that calculated their Income Tax with final tax rate at 0,5% (GR 23/2018) and generates annual revenue up to Rp500 million are not taxable. Example: Income tax calculation for Mr.A, grocery store entrepreneur in 2022 Fiscal Year: Cumulative Gross- No Month Gross-turnover (Rp) turnover Non-Taxable Gross- turnover (Rp) Taxable Gross- turnover (Rp) Final Income tax Final Income tax after HPP Law (Rp) Before HPP Law (Rp) (Rp) 1 January 100.000.000 100.000.000 0 0 500,000 2 February 100.000.000 200.000.000 0 0 500,000 3 March 100.000.000 300.000.000 0 0 500,000 4 April 100.000.000 400.000.000 0 0 500,000 500.000.000 5 May 100.000.000 500.000.000 0 0 500,000 6 June 100.000.000 600.000.000 100.000.000 500,000 500,000 7 July 100.000.000 700.000.000 100.000.000 500,000 500,000 8 August 100.000.000 800.000.000 100.000.000 500,000 500,000 9 September 100.000.000 900.000.000 100.000.000 500,000 500,000 10 October 100.000.000 1.000.000.000 100.000.000 500,000 500,000 11 November 100.000.000 1.100.000.000 100.000.000 500,000 500,000 12 December 100.000.000 1,200.000.000 1.200.000.000| 100.000.000 500,000 500,000 700.000.000 3,500,000 6,000,000 Total By HPP Law Implementation: • Up to the first 5 months, Mr. A's gross-turnover has not reached Rp500 million, so he does not have to pay income tax The total income tax borne by Mr. A has decreased by Rp2.5 million from the previous Rp6 million to Rp3.5 million 66

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