Financial and Market Opportunity Overview

Revenue Composition per Segment Robust revenue growth was mainly attributed to the increase in the Enterprise/Retail segment and Telecommunication service revenue 54.5% 8.5% 12.6% 10.4% 10.2% 11.7% 15.1% FY 2019 Telecommunication Enterprise/Retail 34.7% FY 2020 Wholesale 15.8% 15.5% 9.2% 33.1% 29.1% FY 2021 10.9% 28.7% - Others Palapa Others - Non-Palapa Source: Company Information, annual reports Notes: As of December 31, 2020, there was no longer any recognition of construction revenue from service concession due to the implementation of accounting standard ISAK 16 "Concession services" oratelindo broadband company 25 25

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