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Investor Presentaiton

28 28 Rank 2007-2008 Improving Global Perception ...with recent improvements on governance effectiveness Global Competitiveness Index¹ Ease of Doing Business² 2008-2009 2009-2010 Higher rank is better 2010-2011 2011-2012 20 30 40 50 60 70 80 90 India Indonesia Worldwide Governance Indicators³ 2012-2013 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018* 2019* 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 0 20 Higher rank is better (rankings at the time of annual report publication) 40 36 41 60 45 50 80 100 72 73 91 128 120 140 *New Concepts by using the Global Competitiveness index 4.0 which captures the determinants of long- term growth. 160 Philippines Bulgaria Colombia Indonesia -India - Philippines Bulgaria Colombia Corruption Perception Index4 65 L 60 46 Higher score is better 53 55 44 51 42 45 42 38 40 35 38 28 25 Higher rank is better 36 15 34 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 32 Voice and Accountability Government Effectiveness Political Stability/Absence of Violence Regulatory Quality 30 Rule of Law Control of Corruption 2012 2013 2014 2015 2016 2017 2018 2019 2020 Indonesia India Philippines Bulgaria Colombia 1. Source: World Economic Forum - The Global Competitiveness Report 2019; 2. Source: World Bank - Doing Business 2020 Report; 3. Source: World Bank - The Worldwide Governance Indicators 2020 Update; 4. Source: Transparency International - Corruption Perceptions Index 2020 Report 34 40 39 37 44
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