Investor Presentaiton

Performance: Consolidated Financial Profit & Loss (in IDR bn) FY18 FY19 9M19 9M20 %Change Sales 1,952 1,984 1,421 Gross Profit 285 127 89 Operating Loss -154 -316 -215 242 171.9% -69 -67.9% EBITDA 93 -42 -12 83 n/m Net Comprehensive Loss -1,461 -4,833 -190 -1,058 456.8% Margins Gross Margin 14.6% 6.4% 6.3% Operating Loss Margin -7.9% -15.9% -15.1% EBITDA Margin 4.8% -2.1% -0.8% Net Comprehensive Loss Margin -74.8% -243.6% -13.4% 14.0% 122.8% -4.0% -73.7% • 4.8% n/m -61.0% 356.3% Balance Sheet (in IDR bn) Current Assets Non Current Assets FY18 FY19 9M20 %Change 1,474 1,287 1,413 9.8% 11,889 7,113 7,178 0.9% Total Assets Current Liabilities Non Current Liabilities 13,363 8,400 8,591 2.3% 13,099 12,087 13,328 10.3% 1,699 1,759 1,767 0.5% Total Liabilities 14,798 13,846 15,095 9.0% Capital Deficiency -1,435 -5,446 -6,504 19.4% Total Liabilities and Capital Deficiency 13,363 8,400 8,591 2.3% 1,734 22.0% Compared to 9M19, Sales increased by 22% to Rp 1,734 billion in 9M20, Gross Profit increased by 172% to Rp 242 billion in 9M20 due to contribution from both upstream and downstream. Net comprehensive loss increased by 457% due to significant Rp 1,017 weakening against the USD from Rp 13,901 in FY19 to Rp 14,918 in 9M20. PT. Bakrie Sumatera Plantations Tbk | Management Presentation | 23 December 2020 19

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