Investor Presentaiton

Highly attractive long term fundamentals for Indonesia's fixed broadband markets and pay TV markets Underpenetrated Broadband segment with ADSL being the dominant technology Broadband penetration (2016) Link Net Explosive growth in Broadband market driven by HSBB demand ~4.7x 7.7% 2.5% 5.2% ■ ADSL ■ HSBB Underpenetrated Pay TV segment Pay TV penetration (2016) (b) ~5.3x 10.5% 7.1% 3.4% Broadband subscribers Broadband penetration 5.9% 7.7% 9.8% 35.9% HSBB penetration 0.7% 2.5% 7.5% 6,831 5,090 CAGR (2016-21) 3,826 1,661 5,231 26% 426 3,400 3,429 1,600 (14)% (e) APAC (a) 2014 2016 2021F ■ ADSL (k) ■ HSBB (k) Explosive growth in Cable TV & IPTV markets Pay TV penetration 9.7% Pay TV subscribers 10.5% 12.4% 55.2% Cable TV + IPTV penetration 1.3% 3.4% 7.7% 5,796 CAGR 4,271 (2016-21) 3,744 2,225 3,243 2,890 3,571 (5)%(c)) 21% (d) 502 1,381 (a) APAC (e) 2014 2016 2021F ■DTH + DTT ■Cable TV + IPTV (k) ■DTH + DTT (k) ■Cable TV + IPTV Source: 2017 Media Partners Asia unless otherwise stated a) Refers to average APAC Broadband and Pay TV penetration rates respectively b) Pay TV penetration is as a % of TV households c) Refers to DTH and DTT CAGR d) Refers to Cable TV and IPTV CAGR e) Indicates a forecast, which is inherently subject to various risks and uncertainties. Actual results and future events could differ materially 11

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