Investor Presentaiton

Improved Ease of Doing Business Implementation of the Job Creation Law: No. 11/2021 as Amended By Law No. 6/2023 Breakthrough in the legal system in Indonesia Job I simplified Creation Law I I I Opening more sectors for 100% FDI All business sectors are 100% open to foreign ownership, except for a few mentioned in Presidential Decree 49/2021 concerning Investment Business Sector. Previously, there were 515 business fields that were restricted to FDI in the "Negative Investment List". Competitive capital requirements for FDI There is no requirement for authorized capital for the establishment of a business entity but there is a requirement for a minimum paid-up capital of IDR 10 billion (~US$700,000) for foreign investment (PMA). 79 Laws simplified in 1 Law 11 cluster which regulates various sectors. ☐ Improve the investment climate and create legal certainty Harmonize the central - regional policies Minimize and prevent the practice of corruption ☐ Simplify regulation ☐ Creating a vast job opportunity I I Reduction of Company Income Tax (PPh). I I Corporate Income Tax 22% for companies that are not registered or 19% for companies listed on the Indonesia Stock Exchange (IDX). I Provide protection and facility for SME's and Cooperatives Before 2020 Starting 2020 25% 22% Source: Ministry of Investment 24 24

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