Investor Presentaiton

PT Japfa Tbk: Growth plans Recalibrate short term growth plans JAPFA In the light of the current challenging conditions, we have recalibrated our growth plans and prudently adjusted our Capex accordingly. We have a proven track record to adjust capex roll-out according to the prevailing market situation. In 2Q2020, when Covid-19 first hit Indonesia, PT Japfa Tbk froze non-essential growth capex. This freeze has continued until over the last 3 years as reflected by the lower capex levels compared to FY2019. Streamline poultry breeding farm operations to improve efficiency and control costs. Cost tightening measures, such as a freeze of new permanent hires, business travel restrictions, etc. Platform for long term growth PT Japfa Tbk will drive future growth by leveraging on: Downstream business: The Company will continue to strengthen its downstream business through the development of its poultry processing and consumer products business, as well as encourage retail sales growth through its retail outlets both offline and online. Aquaculture: refer to page 20 Vaksindo: refer to page 21 19

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