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Investor Presentaiton

Share Price and Liquidity Current Capitalization Share Price (IDR)1 Shares Outstanding (m) 21,898 Market Cap (IDR) Market Cap² ~US$2.7b 2,000 1,810 1,800 1,600 IDR39.6t Share Price (IDR) 1,400 1,200 1,000 800 Net Debt³ Enterprise Value 1 month 600 400 US$165.0m 200 0 1/2/19 ~US$2.9b Trading Volume Average Daily Trading Volume (US$m) 10.40 6 months 7.89 12 months 6.84 Note: 1. Share price information as at 28 July 2020 2. Using exchange rate IDR 14,605 per US$ 3. Using cash balance and debt number as of 30 June 2020 4. Ring: iShares MSCI Global Gold Miners ETF Share Price (Rebased to 100%) 300% 250% 200% MDKA Share Price Performance MERDEKA COPPER GOLD 7/2/19 1/2/20 7/2/20 Volume MDKA Share Price MDKA Performance vs Gold Index 150% 100% 50% 0% 1/2/19 7/2/19 1/2/20 7/2/20 MDKA Share Price (Rebased) Gold Index (Rebased) 9 CAGR +88% MDKA: +174% Gold Index:4 +123%
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