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Investor Presentaiton

Segment Adjusted EBITDA & Contribution Margin Reconciliation In IDR Billions, unless otherwise stated For Six Months Ended, June 30, 2023 On-demand services E-commerce Financial technology Logistics All other segments (1,176) (1,594) (1,505) (334) (32) Corporate costs (1,468) Adjustment & elimination Total Consolidated Segment loss from operations (6,109) Add/(Deduct): Depreciation and amortization expenses 327 69 99 46 Share-based compensation cost 400 729 335 38 Non-operating income/expenses Non-recurring items Adjusted EBITDA (26) (20) 65 64 47 (410) (752) (1,024) (250) བ༅་་འྱི 21 817 1,379 (10) 201 1,693 45 (1) 4 53 233 (17) (352) (2,805) Add/(Deduct): Recurring cash opex¹ 1,433 1,267 976 238 Non-recurring items - variable (21) Allocated corporate costs 124 77 63 6 Non-operating income/expenses 20 Contribution Margin 1,147 591 15 (6) 기 - 1 - 3 - 71 668 (121) 4,532 (21) (271) (45) (25) 55 (121) 1,681 On-demand services (4,832) E-commerce (4,600) Financial technology (2,196) Logistics For Six Months Ended, June 30, 2022 All other segments (554) (227) Corporate costs (3,373) Adjustment & elimination Total Consolidated (15,782) Segment loss from operations Add/(Deduct): Depreciation and amortization expenses 424 76 116 27 72 824 Share-based compensation cost 1,002 832 395 28 28 2,106 Non-operating income/expenses 64 Non-recurring items 295 11 5 295 Adjusted EBITDA (3,111) (3,681) (1,680) (499) (127) (84) 1,539 4,391 64 606 (9,182) Add/(Deduct): Recurring cash opex' 1,971 1,413 861 180 179 508 (133) 4,979 Non-recurring items - variable (293) - (293) Allocated corporate cost 158 114 77 10 (360) Non-operating income/expenses (64) (64) Contribution Margin (1,275) (2,154) (742) (309) 53 0 (133) (4,560) goto 2Q 2023 27 Note: 1. Recurring cash opex mainly consists of personnel, non-variable marketing, IT and other expenses which are not directly attributable to the net revenues.
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