Investor Presentaiton

Up To Aug 2022, Transfer To Region Performance Was Improved Local Government Budget performance needs to be optimized, as the local gov't saving remains higher 2022 2021 REVENUE Revenue Sharing (DBH) General Allocation (DAU) ■Physical Special Allocation (DAK Fisik) • Local Gov't revenue was dominated by local tax (71.4%). Local tax performance was improved and grew high return to pre-pandemic level. Tax on consumption goods booked excellence performance along with economic recovery Source: Ministry of Finance IDR 478.89 T (59.5% from budget) IDR 472.91 T (59.4% from budget) -0.5 % • Local government compliance on meeting administrative requirements have improved, driving higher realization on various items of transfer. • Several items of transfer realization, such as DID was lower compared to previous year, mainly due to lower budget allocation. Local Gov't Performance 2022 Others Revenue Return of Local Gov't SPENDING . Up to Aug, local Gov't spending was recorded lower 1.7% compared to previous year. The biggest decline was contributed by other expenditures The spending reached 44.9% to local budget. 2021 Personnel ■Capital Exp 2022 ■Operational Other Exp 2021 70 10

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