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Investor Presentaiton

HIGH QUALITY CUSTOMERS WITH SIGNIFICANT BACKLOG Mitratel Independent TowerCo with 88% of revenue from the largest MNOS in Indonesia underpinned by a strong anchor tenant by Telkom Indonesia Revenue backed by high quality customers Others 5% Gr. 16.2% 9% Telkom XL Axiata Gr. 1.9% 10% →Telkomsel Gr. 10.7% Mitratel 56% by Telkom Indonesia Gr. 10.5% Indosat Ooredoo Hutchison 20% Gr. 17.0% Revenue breakdown (FY23) Strong future revenue visibility ~75% Long Tenancy Expiry Schedule 12% 0-2 years of our contracts has more than 4 years until expire. M Mitratel +6 years by Telkom Indonesia 62% Highest market share from MNO roll-out 13% 2-4 years 13% 4-6 years MTEL TP 1 TP 2 Other TP CAGR 18-FY23 22% 44,267 46,477 MTEL share of B2S / Colo in FY2023 MNO roll-out is 45% 33,794 55% 15% 27,256 B2S: 64% 17,019 18,848 21% B2S: 0% Colo: 50% B2S: 0% Colo: 41% Colo: 19% 6% TSEL 19% XL 0% IOH¹) 6% 41% 50% 2018 2019 2020 2021 2022 FY23 29% 33% 1) Excluding Relocation Right to Tower Provider 25% 10
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