Investor Presentation 2020

Sugar - Industry Dynamics 1 Refining Milling CANE PLANTATION IMPORTED RAW SUGAR NOTE: Governed by quota system through Ministry of Trade SUGAR MILL SUGAR REFINERY Indonesia's sugar production vs consumption (Million Ton) GULA KRISTAL PUTIH GULA KRISTAL PUTIH ROSE BRAND PREMIUM PREMIUM SUGAR GULA KRISTAL PUTIH ROSE BRAND NETTO:50 KG SNI SUGAR 7.05 7.20 Consumption Production 6.80 5.33 5.52 5.62 5.70 5.80 6.00 4.70 4.76 4.25 4.34 4.50 4.00 4.10 3.34 2.78 2.10 2.24 2.30 2.45 2.60 2.59 2.54 2.58 2.28 2.26 2.40 2.20 2.10 2.17 2.22 2.13 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 12 2015 2016 2017 2018 2019 2020 Source: Kontan, Kemendag, Agroindonesia, 2020 consumption based on USDA estimates

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