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Investor Presentaiton

State Budget Keeps Supporting Pandemic Handling and Economic Recovery In line with economic activity improvement and government support in Covid-19 pandemic handling and economic recovery Revenue 2020 2021 Account (IDR T) Budget Realized² % of Budget³ YoY (%) Budget Realized4 % of Budget YoY (%) 1,647.8 922.5 54.3 (12.3) 1,743.6 1,031.5 59.2 11.8 Tax Revenue 1,072.1 602.0 50.2 (14.7) 1,229.6 647.7 52.7 7.6 Customs & Excise 213.0 109.1 53.0 3.7 215.0 141.2 65.7 29.5 Non Tax Revenue 343.8 209.0 71.1 (13.5) 298.2 242.1 81.2 15.8 Expenditure 2,595.5 1,252.4 45.7 1.3 2,750.0 1,368.4 49.8 9.3 Central Government Expenditure 1,833.0 793.6 40.2 4.2 1,954.5 952.8 48.7 20.1 Regional Transfer & Village Funds Primary Balance Surplus (Deficit) % to GDP Financing 762.5 458.8 60.1 (3.4) 795.5 415.5 52.2 (9.4) (633.6) (147.1) (633.1) (143.6) (947.7) (329.9) (1,006.4) (336.9) (6.14) (2.14) (5.70) (2.04) 1,193.3 502.7 48.4 115.2 1,006.4 447.8 44.5 (10.9 245.6 172.9 110.9 Budget Surplus (Deficit) Revenue • Tax Revenue grew positively in line with improving economic activity and international trade. Non-tax revenue increased in line with the upward trend in commodity prices, especially oil, minerals, coal, and CPO. Fiscal incentives are optimized for the handling of the Covid-19 pandemic and support for the business. Expenditures Government spending is accelerated to support Covid-19 handling and national economic recovery at the central and regional levels. The 2021 APBN Law provides flexibility for the management of state expenditures through refocusing and reallocating the budget. Financing The Budget Deficit and Financing is in line with the countercyclical policy implemented by the government (1) LKPP Audited 2020, (2) As of July 31, 2020, (3) % to Presidential Regulation 72/2020, (4) As of July 31, 2021 65
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