Investor Presentaiton

Exchange Rate Movement In Line With BI Stabilization Measures Movement of Rupiah 24-Jul-23 14120 Quarterly Average 14893 14669 14064 14219 Rupiah Exchange Rate Volatilty 15568 14935 15223 14566 14373 14157 14339 14399 14259 14344 14860 16.500 16.000 15.500 15023 14.000 13.500 Rupiah exchange rates remain under control in 17.000 line with the stabilisation measures implemented by Bank Indonesia. Year to date, the rupiah has gained 3.63% (ptp) in value from the position recorded at the end of December 2022, thereby exceeding the Philippine peso 15.000 (1.78%), Indian rupee (1.11%) and Thai baht 14.500 (0.04%). Moving forward, as global financial market uncertainty subsides, Bank Indonesia expects rupiah appreciation to persist, fostered by solid economic growth, low inflation, attractive 13.000 yields on domestic financial assets for investment and the positive impact of implementing Government Regulation 66/2023 concerning the foreign exchange proceeds of natural resources exports (DHE SDA). Investor perception concerning the national economic outlook is also improving, as reflected by an upgrade to Indonesia's sovereign credit rating by the R&I rating agency from a stable to positive outlook, with a BBB+ rating (a full two notches above the lowest investment grade category). Bank Indonesia will also continue strengthening rupiah stabilisation policy through triple intervention and the twist operation to mitigate the contagion risk of global financial market uncertainty. 81 TRY -30,59 -18,98 ZAR -5,40 -9,86 INR 1,03 -4,24 CNY -4.21 3,09 JPY -7,18 -2,69 MYR -3,82 1,63. IDR 3,63 -121. PHP 1-1,78- -1,08 KRW 2023 vs 2022 (YTD) -1,12 0,13 BRL 10,41 ■point-to-point average 2,49 THB 0,43 2,59 EUR 3,37 24-Jul-23 SGD 0,61 3,24 -35,0 -30,0 -25,0 -20,0 -15,0 Source: Reuters, Bloomberg (calculated) -10,0 -5,0 0,0 5,0 10,0 15,0

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