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PT Kawasan Industri Jababeka Tbk. Investor Presentation February 2021 (with 9M20 Financial Report & FY21 Guidance) 0 Disclaimer This presentation material has been prepared by PT Kawasan Industri Jababeka Tbk (the “Company”) and may contain statements that constitute forward-looking statements. These statements include descriptions regarding the intent, belief or current expectations of the Company or its officers with respect to the consolidated results of operations and financial condition of the Company. These statements can be recognized by the use of words such as “expects,” “plan,” “will,” “estimates,” “projects,” “intends,” or words of similar meaning. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those in the forward-looking statements as a result of various factors and assumptions. These materials are for information purposes only and do not constitute or form part of an offer, solicitation or invitation of any offer to buy or subscribe for any securities of the Company, in any jurisdiction, nor should it or any part of it form the basis of, or be relied upon in any connection with, any contract, commitment or investment decision whatsoever. Any decision to purchase or subscribe for any securities of the Company should be made after seeking appropriate professional advice. The information has been compiled from sources believed to be reliable. The information contained in this section is subject to change without notice, its accuracy is not guaranteed and it may not contain all material information concerning the Company. The Company makes no representation regarding, or assumes any responsibility or liability for, the accuracy or completeness of, or any errors in or omissions from, any information contained herein. 1 Outlook & Guidance for 2021 Marketing Sales & Other Highlights Cash Flow Overview for 2021: 2020 Real Estate Marketing Sales Achievement Cash inflow: • Rp1,450bn • Rp898.7bn realized in 2020, about 54% compared to - 50% Backlog (3/4 Cikarang/others – 1/4 Kendal) 2019 mainly due to the Covid-19 pandemic - 50% New Sales (2/3 Cikarang/others – 1/3 Kendal) • On a positive note, the performance in 2H20 was more • Rp400bn Recurring EBITDA from power, water, port and than 2.5x 1H20 on the back of an industrial pick-up in other recurring businesses Kendal and Cikarang, and a successful launch of a landed residential project in Cikarang • Total: Rp1,850 billion 2021 Real Estate Marketing Sales Target Cash outflow • Rp250bn Construction & Land Development in Cikarang • Rp1,400bn: • Rp400bn Infrastructure & Land Development in Kendal - Rp1,000bn Cikarang & Others: 50/50 split • Rp100bn Maintenance Capex between Industrial vs Residential/Commercial • Rp150bn Land Acquisition (discretionary) - Rp400bn Kendal: all industrial • Rp400bn Interest • Positive momentum of 2H20 carried on into early 2021 • Rp450bn SG&A (excl. infra) • Solid pipeline for industrial in both Cikarang and Kendal • Rp150bn Tax • Launch plan of 3-4 residential & commercial products • Total: Rp1,900 billion Infrastructure – resilient in terms of margin, cash flow Cash balance of Rp1.15trillion as at 31 December 2020 despite pressure on volume in 2020 (yoy reductions of 15% (compared to about Rp1trillion at the end of 2019). for water, 9% for power end-users, 24% for TEU port volume – offset by PLN capacity payments and other Total debt expected to stay flat for the year as principal infrastructure services in 2020 2021 expected to be in repayments of loans at subsidiary / JV levels are mostly offset line with 2020 by drawdown of maximum Rp100bn (likely less in 2021) of a new loan (provided by OCBC) at Kendal for infrastructure Leisure & Hospitality – not very material with overall small development (cost of ~10% per annum) contributions to earnings & cash flow 2 Jababeka Group Joining the Fight against Covid-19 Together with President University, Jababeka Group initiated a crowd-funding exercise, which has raised nearly Rp 7 billion (and counting) for medical equipment required to combat Covid-19 Collaboration with tenants Croda Indonesia, Evonik Indonesia and Danone Indonesia for the production and packaging of hand sanitizers and disinfectant fluids – totally producing 15 tons so far Together with several tenants produced 50,000 fabric face masks for the Covid-19 task force in Bekasi Together with President University and numerous tenants provided Rp 7.2 billion in to the Bekasi Regency to combat and prevent the spread of Covid-19 Distribution of free face masks in and around Kota Jababeka Providing social aid to 13 villages in and around Kota Jababeka Implemented work-from-home across the entire organization to the extent possible Preventive spraying of disinfectants at all office premises, providing hand sanitizer for all staff, checking body temperatures, etc. 3 Leading township developer & infrastructure powerhouse PT Kawasan Industri Jababeka Tbk. ("KIJA") is a leading township developer with an established track record in industry- based townships supported by residential & commercial components... KIJA overview Business segments FY19 Revenue Breakdown (%) PT Kawasan Industri Jababeka Tbk (Rp 2,254 billion) Dry Port; 9% Water / Estate; Real Estate Infrastructure 11% Real Estate & Industrial Power Others; 43% Residential Water & Estate Commercial Dry Port Power; 37% Established in 1989 and became the first publicly listed industrial FY19 Gross Profit Breakdown (%) estate developer in Indonesia in 1994 (Rp 843 billion – 37% GPM) Kota Jababeka, KIJA's flagship development, is a mature industry- based integrated township in Cikarang with on-site power plant Dry Port ; 6% and dry port Kendal Industrial Park – Park by the Bay in Central Java, tourism- Water / Estate; based townships in Tanjung Lesung, Banten, and in Morotai, North 15% Maluku - all three enjoy Special Economic Zone status Large and strategically located land bank of 5,087 hectares as 30 September 2020 Real Estate & Others; 62% Vision: To Create Modern Self Sustained Cities in Every Power; 16% Province in Indonesia and Provide Jobs for Better Life …with world class infrastructure to support its development 4 Milestones & Awards More than 30 years track record in township development Selected awards 6th Property Golden Property Indonesia Awards Award 2019 2018 The Best Township The Recommended 2016 Development Project – Condominium Groundbreaking Kota Jababeka Development in Cikarang - Kawana Kendal Industrial Cikarang 2014 Golf Residence Park – Park by the Bay D’Khayangan 2013 Senior Living Golden Property Launched Award 2019 Bekasi 2011 Lifetime Achievement Power Plant commenced Award to Mr.Setyono Acquisition 2010 operations Djuandi Darmono of 1,500 ha land in 2003 Cikarang Dry Port begins Tanjung 2001 operations Lesung, Commenced Banten 1996 development of Inauguration of Property Guru - 2020 1994 Jababeka CBD Education Park, Best Developer & 1989 Acquisition of including President Industrial Estate IPO on Menara Batavia University Jababeka Group Jakarta and in Jakarta CBD established and Surabaya started Stock development of Exchange the industrial estate 5 Sizeable land bank in strategic locations with upside potential Kota Jababeka Cikarang Fully integrated and matured city development 35km east of Jakarta, 45mins from Jakarta’s CBD Master plan: 5,600 hectares 35km east of Jakarta Most established industrial area in Greater Jakarta, home Land Bank: 1,245a(1) to >2,000 local and multinational companies INDONESIA Tanjung Lesung Kota Jababeka Kendal, Cikarang Central Java Semarang Karawang Surabaya Tanjung Lesung Master plan: 1,500 hectares 170km southwest of Jakarta Land Bank: 1,496ha(1) Kendal, Central Java Special Economic Zone for Master plan: 2,700 hectares Industrial Estate Designated as a Special Economic Zone for Tourism 450km east of Jakarta Located 170km southwest of Jakarta and covers more than Land Bank: 552ha(1) Strategically located along the 1,500 ha of land on a peninsula facing the Indian Ocean Jakarta-Semarang-Surabaya Envisaged to become a first-class integrated resort Offers a deep pool of young Economic Corridor destination for both domestic and international tourists and skilled labour at a competitive cost Note: 1 Land bank as at 30 September 2020 6 1 Kota Jababeka — Flagship industry-based integrated township Kota Jababeka is a mature industry-based township strategically located in close proximity to Jakarta CBD, sea port and airport… • 35 KM from Jakarta City • Close to International Airport & Seaport JORR 2 Toll Road Cibitung – Tanjung • Accessible by toll road and railway Priok Seaport ±1.5 • Connectivity with 3 Toll Access / Exit hours • Development of Major Transportation KOTA Infrastructure JAKARTA JABABEKA Cikarang Train Station Lemah Abang 6 lane Highway of Jakarta Inner Ring Road Train Station Proposed MRT Station KM 29 LRT MRT High speed train KM 31 Tranportation infrastructure (Proposed / Under Construction) KM 34 LRT Track High Speed Train Elevated Toll Road MRT Track Double-double track Railway Commuter train Elevated toll road JORR 2 Jakarta 2nd Outer Ring (JORR) Road 7 1 Kota Jababeka – Anchored by a blue-chip customer base The portfolio of high quality multinational and domestic customers at Kota Jababeka is a testament to the township's strategic location and superior infrastructure facilities Diverse mix of occupants across sectors (breakdown by number of occupants as of 30 September 2020) Portfolio