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Investor Presentaiton

5 Strong Operating Profile Leading to Resilient Financials Increased production as our plantations mature and enter into their prime production age MT '000 CPO Production Slight decrease due to adverse weather conditions Strategic location, logistical efficiencies and best practices in plantation management Application of best-in-class agronomy practices Nursery Use of only high yield seeds Maintenance High quality fertilizer Culling of unhealthy seeds Harvesting Harvest at maximum oil content Processed within 12 hours Sawit Sumbermas Sarana Karya Nyata untuk Negeri 321 296 290 262 2014 2015 2016 9M 2017 Revenue USD mm 194 176 249 202 complemented with organic fertilizer from byproducts of mills 2014 2015 2016 LTM Sep '17 EBITDA and Margin Natural methods for planting and pest control USD mm/% 49.7% 50.3% Yield Analysis Yield gap analysis to benchmark against industry 51.1% 46.9% 127 96 88 95 2014 2015 EBITDA 2016 LTM Sep '17 EBITDA margin Exchange rate USD: IDR of 13,492 used. LTM financial metrics have been calculated by adding the relevant entity's consolidated financials for the nine months ended 30 September 2017 to the relevant entity's consolidated financials for the year ended 31 December 2016 and subtracting the relevant entity's consolidated financials for the nine months ended 30 September 2016. 21
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