Bank Indonesia Policy Mix

Republic of Indonesia - Samurai Bond JPY100bn Issuer Issuer Rating Exp. Issue Rating Format Pricing Date Republic of Indonesia Baa2 Moody's (Stable) BBB S&P (Neg) BBB Fitch (Stable) Baa2 Moody's / BBB S&P / BBB Fitch Samurai Bond (Public Offering) May 21, 2021 Investor Breakdown by Investor Type Others, 19.6% Settlement Date Deal Size Size Tenor May 27, 2021 JPY100bn Shinkin banks/ Regional JPY29.0bn JPY46.8bn JPY1.2bn JPY18.2bn JPY2.5bn JPY2.3bn Public Funds, 3-year 5-year 7-year 10-year 15-year Maturity May 27, May 27, May 26, May 27, May 27, 20-year May 27, banks, 8.9% 0.2% Coupon 2024 0.33% 0.57% 2026 2028 2031 2036 2041 Central Central 0.70% 0.89% 1.17% 1.44% Banks, 4.0% Cooperative s, 7.0% Re-offer Spread over YMS+35 YMS+56 YMS+65 YMS+76 YMS+90 YMS+105 Yen Mid Swap (YMS) Daiwa/Mizuho/Nomura/SMBC City Banks, 22.2% Asset Managers, 31.1% Insurers, 7.0% Joint Lead Managers Transaction Highlights . Rol's seventh consecutive year accessing this market with JPY 100 billion or larger sized benchmark transactions since 2015. This benchmark sized transaction has been achieved with the lowest JPY spreads and coupon levels in comparison with Rol's past Samurai deals, maintaining a fairly low premium over its USD secondary curves • The lowest coupon in the history of the issuance of Samurai Bonds for a tenor of 10 years, amounting to 0.89%. This coupon is even lower when compared to the issuance of 10-year Samurai Bonds with JBIC guarantee in 2015 which was at the level of 0.91%. • Rol successfully issued mid to long tenured tranches (5-year and above) for more than 70% of the total issuance with the lowest ever dependency on 3-year tenor. This significant demand shift from 3-year tranche to longer tenors reflected investors' confidence on Rol's fundamentals. Source: Ministry of Finance 79

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