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Landed Residential Portfolio

1 Maja, Banten 2 Large land bank to sustain medium to long term development Large land bank of c. 2,043.5 ha (as of Sept 30, 2020) is sufficient to sustain ongoing developments for the next 20 years Undeveloped Land bank Land area (ha) 1,068.7 intiland Surabaya & Greater Surabaya area Land Undeveloped Land bank area (ha) - Others Surabaya area 255.4 Tangerang, Banten 6% 14% 392.7 Pantai Timur, Surabaya 47.4 Others Jakarta area 91.8 Bukit Pencu, Surabaya 33.0 Total land bank 2,043.5 ha Bukit Sampe, Trawas 31.8 Talaga Bestari, Cikupa 76.2 Lontar 23.6 Gandaria, Jakarta 3.9 79% Graha Famili, Surabaya 8.5 Pondok Pinang 3.4 Jakarta & Greater Jajar Tunggal 4.9 Jakarta area Serenia Hills 1.3 Wiyung 1.0 Jakarta & Greater Jakarta area 1,638.0 ■Greater Jakarta ■Greater Surabaya ■ Jakarta ■Surabaya Surabaya & Greater Surabaya area 405.5 Our long term land bank strategy will focus on balancing sustainable growth with mitigating balance sheet and execution risk Optimize utilization of current land bank (e.g., high density mixed use developments) Focus on land consolidation and project extension in area surrounding or in close proximity to existing projects Enter into strategic collaboration with land owners to minimize capex for land acquisition Leverage on capital recycling opportunities (e.g., divest longer term land bank holdings with no immediate development plans) 26
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