Investor Presentaiton

TRY 36.53 JPY EUR KRW INR PHP MYR SGD THB IDR CNY ZAR BRL Exchange Rate In Line with Fundamentals Movement of Rupiah Quarterly Average IDR/USD 17,000 Monthly Average 16,500 15-Jan-20 4-Feb-20 24-Feb-20 15-Mar-20 4-Apr-20 24-Apr-20 14-May-20 3-Jun-20 13-Jul-20 2-Aug-20 23-Jun-20 1-Oct-20 21-Oct-20 10-Nov-20 22-Aug-20 11-Sep-20 15,711 14,673 14,494 14893 15,500 15,179 14,53 14,80€ 14,322 14,708 14373 14358 14,180 14157 14,529 14339 14399 14,252 14,265 14,357 13,714 14,387 14,855 14,201 14,378 14669 14,34815,000 14.500 14344 14,000 14,105 14,122 14259 14219 14,023 14344 13,500 14,044 13,000 30-Nov-20 20-Dec-20 9-Jan-21 29-Jan-21 18-Feb-21 10-Mar-21 19-Apr-21 30-Mar-21 9-May-21 29-May-21 18-Jun-21 8-Jul-21 2020 2021 2021 2022 Rupiah Exchange Rate Fared Relatively Well Compared to Peers 2022 vs 2021 (YTD) -30.0 -40.0 -20.0 Source: Reuters, Bloomberg (calculated) 28-Jul-21 17-Aug-21 6-Sep-21 26-Sep-21 16-Oct-21 5-Nov-21 -9.16 -9.06.60 -5.83 -3.67 -5.25 --2.535 ■point-to-point average -4.47 -245 -2₁197 18-Apr-22 -8.88 39.77 -0.70 -0.35. -0.14 1.56 18.55 -2.04 18.60 4.96 -10.0 0.0 10.0 20.0 30.0 25-Nov-21 4-Jan-22 13-Feb-22 24-Jan-22 35 % 40 5-Mar-22 14-Apr-22 25-Mar-22 16,000 on Rupiah exchange rate stability has been maintained despite persistent global financial market uncertainty. Rupiah stability throughout April 2022 was supported by adequate domestic supply of foreign exchange, foreign capital inflows and positive perception surrounding Indonesia's economic outlook despite ongoing global financial market uncertainty. As of 18th April 2022, the rupiah depreciated by just 0.70% the level recorded at the end of 2021, comparatively less than the several other currency depreciation experienced in developing economies, such as Thailand (0.77%), Malaysia (2.10%) and the Philippines (2.45%). Moving forward, the value of the rupiah is expected to remain stable in line with solid economic fundamentals in Indonesia, account particularly deficit. Furthermore, Bank Indonesia will continue to strengthen rupiah exchange rate stabilisation policy in line with market mechanisms and economic fundamentals. the Rupiah Exchange Rate Volatilty lower current 2021 YTD 2022 37.20 30 221 25 23.45 18.91 19.2893 20 13.81 15 10 5 As of 18 Apr 22 13.59 10.34 10.57 9.34 7.52 11.55 7.22 5.72 5.71 5.19 2.83 2.92 ZAR BRL TRY IDR THB PHP INR MYR 58

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