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Investor Presentaiton

Enhancing Kota Jababeka's value proposition: Bekasi Power Plant KIJA is the only industrial estate developer in Indonesia with its own power plant located within its estate Integrated Power Generation & Distribution Process 1 100% output to PLN 4 • • 2 Buy back from PLN PLN (+ margin) 3 Direct sale to factories (+ margin) Financial Highlights (IDR billion) Factories 900 Gross Profit Revenue ▲ Gross Profit Margin 60% 800 692 700 638 633 600 50% 607 515 40% 500 30% 400 27% 300 33% 31% 26% 20% 200 15% 10% 100 227 172 159 157 93 0 0% 2020 2021 2022 9M22 9M23 SAFETY FIRST! 130MW gas fired combined cycle plant 20 year 100% off-take agreement from Perusahaan Listrik Negara ("PLN") signed in Feb 2011 - Contracted capacity: 118.8MW Rate per kWh: ~US$11 cents - Average gas cost / MMBTU: ~US$6.0 - Fuel costs borne by PLN on a 100% pass- through basis; company has secured gas supply and is not exposed to any fuel price increases - Flexibility to buy back power and resell to industrial customers at a premium -Take-or-pay: ~25% of total gas requirement, and un-utilized gas can be carried forward for a maximum of 12 months Providing a significant marketing advantage over its competitors as access to reliable electricity supply is one of the primary concerns for industrial clients in Indonesia 10
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