Investor Presentaiton

Tower and Fiber Business Long-term Predictable Revenue with Upside PREDICTABLE REVENUE DEPENDENT TENANTS Long-term contracts* (10 years for tower and can be longer for fiber), non-cancellable and renewable Contract renewal likely due to high relocation cost and significant network impact UPSIDE FROM ADDITIONAL REVENUE Incremental revenue from colocation or higher asset utilisation at minimal additional cost HIGH BARRIERS TO ENTRY FAST GROWING INDUSTRY • Significant investment needed, as well as economies of scale, knowledge of government rules and local conditions • Surging data demand creates need for more towers and fibers • 4G consumers require reliable and high speed internet leading to increase in FTTT Impact from 5G to come in 2-3 years *In general, lease price includes annual inflation escalator for opex portion @2023 PT Sarana Menara Nusantara Tbk 4

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