Investor Presentaiton

CEO MESSAGE - Moving Forward to the Light at the End of the Tunnel BRI Melayani Dengan Setulus Hati 2020 could be a year that will be remembered for all the worries brought about by Covid-19 pandemic. Even if there will still be challenges in 2021, we see clearer signs of recovery and we are moving forward to the light at the end of this covid-19 tunnel. The accelerated government spending has been able to withstand the economic slowdown. In general, liquidity in the system is very adequate. The financial system regulators, BI and OJK, keep providing accommodative policies to help accelerate economic recovery. The economic recovery trend also shown by increasing BRI Micro and SME Index (BMSI). The Government's Economic Recovery Programs was very well carried out with 80% budget realization and BRI has contributed more than 60% in each program that has given BRI's customers and BRI itself a lot of positive impacts. Covid-19 Vaccination Program have also been rolled out in countries, including in Indonesia, sooner than expected, which could be one of positive catalysts to improve economy in 2021. As we look beyond 2020, we see that BRI's business recovery is getting stronger as our loan restructuring keeps declining from its peak at Rp193.7 Trillion in September 2020 to Rp186.6 Trillion in December 2020, below our previous expectation of Rp200 Trillion. Even so, BRI will continue to remain watchful on our loan restructuring by close monitoring and adequate provisioning to anticipate loan quality deterioration. Loan disbursement has recovered especially in micro segment which has led to an increase in micro loan composition, reaching 40% of our total loans. All in all, the recovering loan restructuring and loan disbursement has gradually improved our profitability. Moreover, this pandemic has also encouraged the acceleration of our digital initiatives with promising results. We are now more confident to enter 2021 as we move forward to the light at the end of the tunnel. We have sharpened our corporate plan and evolved it into BRIvolution 2.0. Through our previous BRIvolution, we have successfully unlocked new growth engines; ultra micro loans and digital initiatives. In BRIvolution 2.0, we will strengthen BRI Group core for growth and scale up new growth engines which will ultimately bring us to our strategic vision to be "The Most Valuable Banking Group in Southeast Asia & Champion of Financial Inclusion". Sunarso, CEO BRI 3

View entire presentation