Investor Presentaiton

Adjustment of LTV/FTV Requirements on Automotive loans/financing (effective from 1st March 2021 until 31st December 2021) Bank Indonesia relaxes down payment requirements on automotive loans/financing to minimum 0% for all new motor vehicles to stimulate credit growth in the automotive sector, while maintaining prudential principles and risk management Policy Objectives and Background a. b. C. d. e. In response to the latest global and domestic developments, Bank Indonesia is maintaining an accommodative policy mix in line with efforts to stimulate economic recovery and maintain financial system stability. Considering the need to stimulate recovery, particularly in the automotive sector, and considering the sector has strong backward and forward linkages in the economy. The policy is implemented as part of the policy mix with fiscal stimuli issued by the Government, including a reduction to the luxury goods sales tax (PPnBM). The amendment also takes into consideration the contained credit/financing risk in the automotive sector. Looser downpayment requirements on automotive loans must comply with prudential principles and risk management. Changes to Down payment Requirements on Automotive Loans/Financing Current Requlation Downpayment Requirements on Non-Green Vehicles New Regulation Devinpayment solirements Downpayment Requirements on Green Vehicles Source: Bank Indonesia Downpayment Require rents on Green Vehicles Vehicle Type NPL Requirements Met NFL Requirement Not Met NFL Requirements Met-- NPL Requirements Not Met Vehicle Type on Non-Green Vehicles NPL Requirements Met NFL Requirements Not Met NFL Requirements Met- NFL Requirements Not Met Two Wheels 19% 20% 0% 15% Two Wheels 0% 10% 0% 0% Two Wheels 15% 25% 0% 20% Two Wheels 0% 10% 0% 0% or More (Non- Commercial) Two Wheels 10% 15% 0% 10% of (Non- Commercial) Two Wheels More 0% 5% 0% 0% Mare or More (Commercial) (Commercial) *) previous regulation, PBI No. 21/13/PBI/2019 *) Requirements as follows: 1. Gross NPL/NPF ratio <5%; and 2. Net NPL/NPF ratio <5% Notes: Green vehicles include battery electric vehicles (BEVS) as stipulated in prevailing laws and regulations on accelerating the battery electric vehicle program for road transportation. 138

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