Investor Presentaiton

4. VOLUNTARY DISCLOSURE PROGRAM (VDP) 1. The program aims to improve taxpayers' voluntary compliance based on simplicity, legal certainty, and usefulness. 2. The program provides opportunities for taxpayers to voluntarily report or disclose unfulfilled tax obligations through: a. Payment of Income Tax based on the disclosure of assets that were not or have not been fully reported by the participants of the Tax Amnesty program; and b. Payment of Income Tax based on the disclosure of assets that have not been reported in the Annual Individual Income Tax Return for Fiscal Year 2020. 3. The program is implemented for 6 months (1 January 2022 to 30 June 2022) 4. VDP consists of 2 policies: Details Subjects Asset Base Final Rate Policy I Individual and Corporate Taxpayers Participated in Tax Amnesty Asset as of 31 December 2015 which has not been disclosed in tax amnesty program • 11% for declaration 8% for domestic assets and repatriated foreign assets 6% for domestic assets and repatriated foreign assets which is invested in govt. securities/downstream/renewable energy Policy II Individual Taxpayers Assets acquired in 2016-2020 which has not been reported in 2020 tax return (SPT) • 18% for declaration • 14% for domestic assets and repatriated foreign assets • 12% for for repatriated foreign assets and domestic assets which is invested in govt. securities/downstream/renewable energy 72

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