Investor Presentaiton

. • . • 0 Bank Indonesia's Policy Mix Synergy Maintaining Stability and Strengthening National Economic Recovery Policy rate hike as a pre-emptive and forward-looking measure to mitigate the risks posed by rising core inflation and inflation expectations caused by higher non-subsidized fuel prices and a build-up of inflationary pressures on volatile food Strengthening exchange rate policy to maintain Rupiah stability in line with the market mechanism and economic fundamental. Accelerating liquidity policy normalization by incrementally raising Rupiah reserve requirements Continuing the strengthening strategy for monetary operations to reinforce the effectiveness of the monetary policy transmission, and increasing the attractiveness of short-term SBN portfolio investment and creating a flatter long-term SBN yield structure Controlling inflation through Inflation Control Team in national and regional level, and accelerating implementation of the National Movement for Food Inflation Control (GNPIP) Support the State Budget through SBN purchases in the primary market while maintaining macroeconomic stability Support the national economic recovery program through cooperation and collaboration with the MOF Strengthening the coordination with the Government and related authorities to revive bank intermediation function Strengthening policy coordination with the Government and Financial System Stability Committee to maintain macroeconomic and financial system stability Monetary Policy • 2 Macro- prudential Policy BB BANK INDONESIA Coordinatio n with other Authorities 5 Accelerating foreign exchange market deepening to support rupiah exchange rate stability, while expanding the availability of hedging instruments and promoting international trade and investment. Strengthening money market deepening by expanding underlying DNDF to boost liquidity and reinforce JISDOR as a reference for exchange rate setting in the forex market Accelerating infrastructure development, including Electronic Trading Platforms (ETP) as well as a Central Counterparty (CCP) Developing Money Market Development Blueprint 2025 Promoting inclusive and green economy and finance Source: Bank Indonesia BANK SENTRAL REPUBLIK INDONESIA Financial Market Deepening • Payment System Policy Strengthening the accommodative macroprudential policy stance in 2022 to revive bank lending to the corporate sector and drive the national economic recovery, while maintaining financial system stability Increasing incentives for banks disbursing loans/financing to priority sectors and MSMEs and/or meeting the target Macroprudential Inclusive Financing Ratio (RPIM) from 1st September 2022 Strengthening implementation of the RPIM, primarily through bank commitment to the RPIM target, based on the expertise and business models available Accommodative macroprudential policy stance by: • • • • Relaxing the Loan / Financing-to-Value (LTV / FTV) ratio on housing loans / financing Relaxing down payment requirements on automotive loans/financing Holding the countercyclical buffer (CCB) at 0% Macroprudential Intermediation Ratio (MIR) in the 84- 94% range Macroprudential Liquidity Buffer (MLB) at 6% with 6% repo flexibility, and the Sharia Macroprudential Liquidity Buffer (SMLB) at 4.5% with repo flexibility at 4.5% Accelerating payment system digitalization to stimulate economic recovery, particularly household consumption, while advancing an inclusive and efficient economy and finance Expanding cross-border QRIS by, among others, accelerating implementation, piloting local currency settlement (LCS) with other Asian countries and organising National QRIS Week to achieve the target of 15 million new users Strengthening payment system policy to reinforce economic recovery and accelerate inclusive digitalization by: . Extending the grace period on a min credit card payments and late fees from 30th June 2022 previously to 31st Dec 2022 to support credit card transactions while mitigating credit risk. Extending the 0% QRIS merchant discount rate (MDR) for micro merchants from 30th June 2022 previously to 31st Dec 2022 to continue efforts to expand the digital ecosystem and boost transactions, particularly amongst MSMEs.. ° Strengthening and expanding electronification: Social program, e-payment for Government • Increasing the number of participants, expanding the services and garnering greater acceptance of BI-FAST for more efficient transactions between banks and members of the public 96

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