Investor Presentaiton

TOWR strategy supports ESG & sustainability goals 1. Capital Management - Access to low-cost funding - Liquidity amounts to $413 mn 1 - Investment grade ratings from top 3 agencies inline with global best practice 4. Attractive industry structure - Industry consolidating - Majority of other players backed by financial sponsors - Gov't support: Palapa Ring, USO & non-USO projects to further investment² A. Best positioned to benefit from growth in internet 1. Invest strong FCF and low cost of capital. 2. Indonesia still in middle of 4G cycle 3. 4G a sweet spot for fintech, e-commerce, e-government. 2. Low-risk business - Digital infrastructure business with high demand difficult to replace. - Proven enforceability of long-term irrevocable contracts 5. Most unique in asset class - Contracted revenue of Rp68.1 tn is largest in market - Attractively valued business with high annual recurring FCF that funds capex, dividend, share buybacks - TOWR has been successful a consolidator Going into the future B. Improve Indonesia internet 1. Internet speed and traffic have each grown at 50% for the past year 3 2. Only 50% of Indonesia territory is served with 4G signal 4 3. Towers per capita ratio of 1:2700 is roughly 1/3 that of USA or China 5 3. ESG-conscious company - Very small carbon footprint - 95% of internet traffic in Indonesia is wireless - Towers and fiber are important to reduce digital gap 6. Efficient infra provider - EBITDA and AFFO 5-year CAGR of 15.9% and 12.5%, respectively, with 2022 ROE of 20.3%. C. Prepared for new opportunities 1. Proven successful track record in expanding product offering 2. Strategy driven by evolving customer needs 3. 5G to be another era of strong growth in tower and fiber 1 includes committed or offered term sheets from financial institutions and cash in bank 2 USO is Universal Service Obligation. Government is mandating for nation-wide telecommunication infrastructure spending to reduce digital gap 3 for 2020; adapted from industry sources 4 source: PT Telkom, September 2020. 5 source: Verdhana Sekuritas. @2023 PT Sarana Menara Nusantara Tbk 2

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