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Investor Presentaiton

Weak performance in Indonesia; recovery in core business on track • Sales dropped by 11% (constant currency); Sales growth excluding Hygiene (Saniter) was 8% (constant currency) ⚫ EBITDA margins at 17.1%, decreased by 930 bps year-on-year due to consumption of high-cost inventory, upfront higher marketing investments, high hygiene comparator and scale deleverage Continue to put building blocks in place to drive category development and general trade distribution expansion HIT Good XPRESS knight AC9LY Good HIT XPRESS kowight Paket Alat+Reti hanya Rp. 20.000 Hit Goodknight electric - device and refill at only IDR 20K 151

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