Investor Presentaiton

Indonesia Investment Authority (INA) as an Alternative Source of Economic Financing • The President has appointed 3 Supervisory Boards from the professional element on 27 Jan 2021. • Initial capital has been allocated IDR 15 T in 2020, in 2021 PMN non-cash IDR 60 T Progress • INA is planned to start operating in the first quarter of 2021 Internasional and Domestic Investor Discussions with more than 50 companies as strategic partners, and several countries have expressed a desire to partner with INA Republic of Indonesia Gov't (through Ministry of Finance) Indonesia Sovereign Wealth Fund (Indonesia Investment Authority (INA)) Main Investors (ex: ADIA, JBIC) Master Fund Manager Management Agreement Target Optimization of Central Government Investment Value Increase Foreign Direct Investment (FDI) Share Co-Investment saham (Minority Ownership) Directly to the company and/ or assets/projects Investment Agreement (LP) Master Fund! Managed funds Infrastructure Sector Management Fund Toll roads Airports Seaports ■ Oil & Gas reserves Energy and Natural Resources Sector Managed Fund Health Sector Managed Fund Tourism Sector Managed Fund Hospitals Pharma- ceuticals • Tourism SEZ Tanamori Toba Source: Coordinating Ministry for Economic Affairs + Likupang Hotel chain Investment Agreement (LP) Encouraging the improvement of the investment climate Technology Sector Managed Fund Digital lending Payments Commerce " New Capital City Managed Fund Contractor Utilities Land & building Top SWF in Global with its total assets: ○ Norway Gov USD 1,1 trillion О China Inv. Co.→ USD 1 trillion О Abu Dhabi USD 579 trillion Top SWF in ASEAN with its total assets: GIC Private Limited → USD 453 billion Temasek Holdings → USD 417 billion Khazanah Nasional Berhad → USD 20 billion

View entire presentation