Investor Presentaiton

1 Highly attractive long term fundamentals for Indonesia's fixed broadband markets and pay TV markets Underpenetrated Broadband segment with ADSL being the Link Net Explosive growth in Broadband market driven by HSBB demand dominant technology Broadband penetration (2017) 43.0% 1 ~5.2x 8.3% 3.7% 4.6% ■ ADSL ■ HSBB Underpenetrated Pay TV segment Pay TV penetration (2017) (b) I -6.5x (a) APAC Broadband subscribers Broadband penetration 5.9% 8.3% 9.8% HSBB penetration 0.7% 3.7% 7.5% 6,831 5,606 CAGR (2016-21) 3,826 426 2,562 5,231 26% 3,400 3,080 1,600 (14)% (e) 2014 2017 2021F ■ADSL (k) ■ HSBB (k) Explosive growth in Cable TV & IPTV markets Pay TV penetration 71.0% 9.7% Pay TV subscribers 11.0% 12.4% Cable TV + IPTV penetration 1.3% 4.8% 7.7% 5,796 CAGR 4,605 (2016-21) 3,744 2,225 11.0% 6.2% 4.8% 2,019 3,243 3,571 (5)%(c)) 21% (d) 2,586 502 (a) APAC (e) 2014 2017 2021F ■Cable TV + IPTV ■DTH + DTT ■Cable TV + IPTV (k) ■DTH + DTT (k) Source: 2017 Media Partners Asia unless otherwise stated a) Refers to average APAC Broadband and Pay TV penetration rates respectively b) Pay TV penetration is as a % of TV households c) Refers to DTH and DTT CAGR d) Refers to Cable TV and IPTV CAGR e) Indicates a forecast, which is inherently subject to various risks and uncertainties. Actual results and future events could differ materially 11

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