Investor Presentaiton

Triliun Rp Disciplined and Sophisticated Debt Portfolio Management Stable Debt to GDP Ratio Over the Years Prudent Fiscal Deficit IDR Tn Government Debt / GDP (%) Debt to GDP 500 442 446.3 0.0% 407 414.52 362 41.64% 7,000.00 6,000.00 400 45% 39.36% -0.5% 40% 300 861.91 5,000.00 27.46% 28.34% 29.40% 29.81% 30.18% 852.91 35% 200 -1.0% 30% 24.68% 100 764.48 19 4,000.00 810.74 25% 0 746.32 3,000.00 734.85 755.12 2,000.00 1,000.00 1,931.22 677.54 2,410.01 2,780.86 3,248.93 3,612.69 4,014.80 5,221.65 5,583.16 20% -100 -58 -4 -69 (20) (56) 15% -200 10% -300 5% -2.5% -2.5% -2.6%298 (308) -400 14 111111 -1.5% -1.8% (66) (9)(35) -2.0% -2.2% -2.5% (269) 0% (341) (349) -3.0% 2015 2016 2017 2018 2019 2014 2015 2016 2017 2018 Bond Loan Weighted Average Debt Maturity of ~8.6 Years 2019 Debt to GDP 2020 Mar-21 GS Nett Non-Debt Loan Nett Surplus (Deficit) Budget Well Diversified Across Different Currencies 9.75 9.39 9.13 2014 2015 Source: Ministry of Finance 8.68 8.6 8.52 8.5 8.37 % of Yearly Issuance 1% 1% 7% 4% 6% 31% 29% 30% 27% 23% 22% 57% 59% 58% 62% 66% 67% 2016 2017 2016 2017 2018 2018 2019 2019 2020 2020 Mar-21 Mar-21 IDR USD EUR JPY OTHER 90

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