PT ASTRA INTERNATIONAL TBK Full Year 2018 - Results Presentation Disclaimer The materials in this presentation have been prepared by PT Astra International Tbk (Astra) and are general background information about Astra Group business performances current as at the date of this presentation and are subject to change without prior notice.

This information is given in summary form and does not purport to be complete. Information in this presentation, including forecast financial information, should not be considered as advice or a recommendation to investors or potential investors in relation to holding, purchasing or selling securities or other financial products or instruments and does not take into account their particular investment objectives, financial situation or needs. Before acting on any information, readers should consider the appropriateness of the information having regard to these matters, any relevant offer document and in particular, readers should seek independent financial advice.

This presentation may contain forward looking statements including statements regarding our intent, belief or current expectations with respect to Astra businesses and operations, market conditions, results of operation and financial condition, capital adequacy, specific provisions and risk management practices. Readers are cautioned not to place undue reliance on these forward looking statements; past performance is not a reliable indication of future performance. Astra does not undertake any obligation to publicly release the result of any revisions to these forward looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events.

We disclaim any responsibility or liability whatsoever arising which may be brought or suffered by any person as a result of acting in reliance upon the whole or any part of the contents of this report and neither Astra and/or its affiliated companies and/or their respective employees and/or agents accepts liability for any errors, omissions, negligent or otherwise, in this report and any inaccuracy herein or omission here from which might otherwise arise. 1 Highlights

Auto Market Share Higher coal prices Net earnings per share Improved benefit heavy Lower crude palm Rp535 earnings equipment, oil prices contribution from mining adversely impact 15% 51% 75% financial services contracting and agribusiness mining revenue

Net revenue 2018 239,205 (Rp bn) 16% 2017 206,057

Net income 2018 21,673 (Rp bn) 15% 2017 18,847

roup Results Results roup G Net earnings 2018 535 15% per share (Rp) For the year ended the31st year For December 2017 466

Shareholder’s funds 2018 136,947 11% (Rp bn) 123,780 2017

2018 3,383 roup Results Results roup Net asset value 11% G per share (Rp) As at 31st 31st at As December 3,058 2017 * Restated due to implementation of PSAK No. 69: Agriculture The financial results for the year ended 31st December 2018 and 2017 as well as the financial position as at 31st December 2018 and 2017 have been prepared in accordance with Indonesian Financial Accounting Standards and audited in accordance with the auditing standards established by the Indonesian Institute of Certified Public Accountants. 2 Business Structure

Automotive Property

Automobile • Menara Astra • Toyota • • Brahmayasa Bahtera • Daihatsu • Samadista Karya • Isuzu Component • Astra Land Indonesia • BMW •Astra Otoparts • Astra Modern Land • Peugeot • UD Trucks Others •AstraWorld

Heavy Equipment, Infrastructure Information Financial Services Agribusiness Mining, Construction and Logistics Technology and Energy

Automobile Heavy Construction Machinery Palm Oil Plantation Toll Road Document Solution •Astra Credit Equipment • United Tractors • Astra Agro Lestari • Marga Mandalasakti •Astra Graphia Companies • Surya Artha • Traktor Nusantara • Marga Harjaya •Toyota AstraOther Nusantara Refineries Infrastruktur IT Solution Finance Finance Mining Contracting • Tanjung Sarana Lestari • Marga Trans Nusantara • Astra Graphia • Komatsu Astra • Pamapersada Nusantara • Kreasijaya Adhikarya • Trans Marga Jateng Information Motorcycle Finance • Trans Bumi Serbaraja Technology • Federal Mining Commodity Trading • Lintas Marga Sedaya International Banking • Tuah Turangga Agung • Astra-KLK Pte.Ltd Office Services Solution Finance • Permata Bank • Agincourt Resources Sea Port • Astragraphia Xprins Cattle in Palm Oil • Pelabuhan Penajam Indonesia Mobile Lending Insurance Construction Industry Plantation Banua Taka Fintech • Asuransi Astra • Acset Indonusa • Astra WeLab Buana Logistics Digital Arta • Astra Life Energy • Serasi Autoraya • Bhumi Jati Power Market Position as at 31 December 2018 • Astra’s car market share decreased from 54% to 51%. • Astra’s motorcycle market share maintained at 75%. • Komatsu heavy equipment market share increased from 35% to 36%. Car Motorcycle

Toyota Others 31% 25% Others 49% Heavy Equipment

Honda Daihatsu 75% Isuzu 18% 2% Others Komatsu 13% 36% Sumitomo 5%

Kobelco Source : AISI Source : Gaikindo 12%

Hitachi 15% Caterpillar 19%

4 Source: United Tractors – Internal Market Research Corporate Actions

Feb ‘18 • The Group invested US$150 million for a minority stake in GOJEK, Indonesia’s leading multi-platform technology group, which provides access to a wide range of services from transportation and payments to food delivery, logistics and other on-demand services.

Apr‘18 • 50%-owned Astra Land Indonesia purchased a 3-hectare site in ’s Central Business District, for residential and commercial development.

May‘18 • Permata Bank divested its 25% shareholding in Astra Sedaya Finance to the Group for Rp2.8 trillion, in order to strengthen the bank’s capital position and maximize its capital allocation for lending.

5 Corporate Actions

Sep‘18 • Astra (through its subsidiary, Sedaya Multi Investama) and WeLab, a leading technology enabler for consumer lending in China established Astra WeLab Digital Arta, 60%-owned by the Group, to offer mobile lending products to retail consumers and provide financial technology solutions to enterprise customers in Indonesia.

Dec ‘18 • United Tractors, through Danusa Tambang Nusantara, completed the acquisition of a 95% stake in Agincourt Resources (owner of the Martabe gold mine concession), for approximately US$1.0 billion.

6 Financial Performance

7 Consolidated Income Statement

In Billion Rupiah 2018 2017* Change USD / IDR, average (full rupiah) 14,267 13,398 6% Net Revenue 239,205 206,057 16% Gross Profit 50,769 42,368 20% Selling, General and Administrative Expenses (23,901) (22,042) 8% Finance Costs - net (1,246) (60) 1,977% Foreign Exchange Losses - net (87) (9) 867% Other Income - net 2,424 2,186 11% Share of Results of Joint Ventures and Associates 7,036 6,694 5% Income Tax Expenses (7,623) (6,016) 27% Non-controlling Interests (5,699) (4,274) 33% Net Income 21,673 18,847 15%

* Restated due to implementation of PSAK No. 69 : Agriculture

“The Group achieved satisfactory results in 2018 but 2019 is likely to be a more challenging year, owing to macro economic uncertainties, the highly competitive car market and lower commodity prices.” - Prijono Sugiarto, President Director - 8 Divisional Net Revenue and Net Income Divisional Net Revenue

16%

239,205 206,057

44% 46% Automotive 8% 9% 35% 31% Financial Services

8% 9% 44%5% 46%5% Heavy Equipment, Mining, Construction & 2018 2017 Energy 8% 9% Agribusiness Divisional35% Net Income 31%

8% 15% 9%

21,6735% 18,847*5% Others (Infrastructure & Logistics, IT and Property) 2018 2017

39% 47%

22% 20%

31% 24%

5% 8% 3% 1% 2018 2017* *Restated due to implementation of PSAK No. 69 : Agriculture 9 Consolidated Balance Sheet

• The net asset value per share was Rp3,383 as at 31st December 2018, 11% higher than at the end of 2017. • Net debt, excluding the Group’s financial services subsidiaries, was Rp13.0 trillion at the end of 2018, down from a net cash position of Rp2.7 trillion at the end of 2017, due mainly to the Group’s investments in its toll road businesses, a gold mining concession and GOJEK. The Group’s financial services subsidiaries had net debt of Rp47.7 trillion, compared with Rp46.1 trillion at the end of 2017. In Billion Rupiah 31-Dec-18 31-Dec-17* Change Cash and Cash Equivalents 25,193 31,574 (20%) Trade Receivables 31,226 25,420 23% Inventories 30,622 22,648 35% Financing Receivables 65,907 63,252 4% Investment in Joint Ventures and Associates 40,358 39,260 3% Fixed Assets 57,733 48,402 19% Other Assets 93,672 65,274 44% Total Assets 344,711 295,830 17% Short-term Borrowings 19,588 16,321 20% Trade Payables 42,263 29,468 43% Long-term Debt 66,326 58,657 13% Other Liabilities 42,171 34,879 21% Total Liabilities 170,348 139,325 22% Equity Attributable to the Owners of The Parent 136,947 123,780 11% Non – controlling Interests 37,416 32,725 14% Total Equity 174,363 156,505 11% Net Debt (Cash) 60,721 43,404 40% Net Debt (Cash) (Excl. Financial Services) 13,040 (2,654) N/A 10 * Restated due to implementation of PSAK No. 69 : Agriculture Consolidated Cash Flow As at 31 December 2018, Astra’s consolidated closing cash balance (incl. bank overdraft) was Rp24.9 trillion. In Billion Rupiah 2018 2017 Change Cash generated from operations 33,119 26,976 6,143 Tax Payments (7,044) (5,390) (1,654) Interest Received 1,617 1,699 (82) Net Cash flows provided from Operating Activities 27,692 23,285 4,407 Dividend Received 7,021 7,033 (12) Net Investment (21,179) (9,356) (11,823) Net Capex (14,029) (11,816) (2,213) Other Investing (1,544) (802) (742) Net Cash flows used in Investing Activities (29,731) (14,941) (14,790) Net Proceeds of Debt 8,900 3,560 5,340 Finance Costs Paid (1,723) (2,017) 294 Dividend Payments (10,197) (8,587) (1,610) Other Financing (1,853) 860 (2,713) Net Cash flows used in Financing Activities (4,873) (6,184) 1,311 (Decrease) / Increase in Cash (6,912) 2,160 (9,072) Opening Cash Balance (incl. Bank Overdraft) 31,574 29,356 2,218 Exchange Rate Adjustment 279 58 221 Closing Cash Balance (incl. Bank Overdraft) 24,941 31,574 (6,633) 11 Business Update

12 Domestic Wholesale Car Market In 2018, car sales increased slightly, driven by increased commercial sales.

Weak GDP of 4.79% Improved GDP of 5.17% LTV Policy (↓16%) (↑7%) In thousand units (↑25%) Astra Others 1,230 1,208 1,116 1,151 Lehman Crisis 1,080 1,013 1,063 (↓20%) 894 575 594 765 511 474 501 569 503 411 486 338

205 605 655 614 589 579 582 427 483 510 281

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Segment 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Sedan 5% 4% 3% 3% 3% 2% 2% 1% 1% 1% 4x2 & 4x4 69% 67% 64% 67% 65% 57% 54% 58% 55% 55% Commercial 26% 29% 33% 30% 28% 27% 28% 19% 22% 24% LCGC 0% 0% 0% 0% 4% 14% 16% 22% 22% 20% Source: Gaikindo 13 Automotive – Wholesale Car Market TheAstra’s wholesale car sales market were for 10 cars% higher was 7 %at higher 421,000 in 2018units, at resulting 1.15 million in an units increase. Astra’s in car market sales sharewere 1% higherfrom at50 58% 2to,000 54% units. but increased competition resulted in a decline in market share from 54% to 51%. 2018 7% 2017 1,151,413 1,079,886

LCGC 232,565 / 20.2% LCGC 234,554 / 21.7% Others Other Brands 568,967 / 49.4% 568,967 / 49.4% Others Other Brands Commercial 500,772 / 46.4% 500,772 / 46.4% 281,040 / 24.4% Commercial 238,547 / 22.1%

Isuzu, 26,098 / 2.3% Isuzu, 20,085 / 1.9% Daihatsu 4x2 & 4x4 Daihatsu 202,738 / 17.6% 4x2 & 4x4 186,381 / 17.3% 630,987 / 54.8% 597,624 / 55.4% Astra Astra 582,446 / 50.6% 579,114 / 53.6% Toyota & Lexus Toyota & Lexus 353,471 / 30.7% 372,614 / 34.5% Sedan Sedan 6,821 / 0.6% 9,161 / 0.8% M/S Market Segment Brand M/S Market Segment Brand 2018 2017 14 Source: Gaikindo Automotive – Car Product Launches In 2018, Astra launched 18 new models and 7 revamped models.

Daihatsu Sirion (NEW) Peugeot 3008 SUV (NEW) Toyota C-HR (NEW) February 2018 March 2018 April 2018

Isuzu Traga (NEW) Lexus UX (NEW) BMW X2 sDrive18i M Sport X (NEW) May 2018 August 2018 October 2018 15 Domestic Wholesale Motorcycle Market Wholesale market for increased by 8% to 6.4 million units in 2018.

In thousand units LTV Policy Weak GDP of 4.79% Improved GDP of 5.17% (↓12%) (↓18%) (↑8%) 8,013 7,867 Lehman Crisis 7,744 7,373 (↓6%) 7,064 6,480 6,383 2,816 5,931 5,852 3,739 3,047 5,886 3,957 2,975 2,026 1,624 1,550 1,500

3,151

4,697 5,051 4,759 4,274 4,089 4,454 4,381 4,386 3,416 2,701

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Astra (i.e. Honda) Others

Source: AISI 16 Automotive – Wholesale Motorcycle Market The wholesale market for motorcycles increased by 8% to 6.4 million units. ’s domestic sales increased by 9% to 4.8 million units, with its market share stable at 75%. 8% 2018 2017

Others Others 25.4% 25.5%

6,383,111 5,886,103 units units

Honda Honda 74.6% 74.5%

17 Source: AISI Automotive – Motorcycle Product Launches In 2018, Astra Honda Motor launched 6 new models and 19 revamped models.

Honda CB 150 Verza Honda Vario 150 (NEW) Honda GL 1800 Gold Wing (NEW) February 2018 April 2018 April 2018

Honda Forza (NEW) 125 (NEW) Honda PCX Electric (NEW) August 2018 August 2018 November 2018

18 Automotive – Components Astra Otoparts, the Group’s automotive components business, reported net income 11% higher at Rp611 billion, with increased revenues from its original equipment manufacturing and replacement market segments. Share of Results of Joint Revenue (Rp bio) Net Income (Rp bio) Ventures and Associates (Rp bio)

13% 11% 43%

611 479 15,356 551 13,550 335

2018 2017 2018 2017 2018 2017

19 Financial Services Net income from the Group’s financial services division increased by 28% to Rp4.8 trillion, with improved contributions from its consumer finance, banking and general insurance businesses.

Unit Financed 2018 2017 % Amount Financed (Rp bio) 2018 2017 % ACC 170,592 177,694 (4) ACC 25,699 27,276 (6) TAF 82,106 107,676 (24) TAF 16,507 19,831 (17)

Total ACC & TAF 252,698 285,370 (11) Auto Total ACC & TAF 42,206 47,106 (10) Auto FIF* (in thousand) 3,763 3,569 5 FIF 38,355 34,622 11 Total Auto 4,015,632 3,854,670 4 Total Auto 80,561 81,728 (1) SANF 1,143 975 17 SANF 1,812 3,004 (40) HE KAF 530 578 (8) HE KAF** 3,365 2,855 18 Total HE 1,673 1,553 8 Total HE 5,177 5,858 (12%)

Permata Bank Asuransi Astra Buana • 2018 net income of Rp901 billion • Higher net income by 4% to Rp1.0 trillion. (2017: net income of Rp748 billion) • 2018 Gross Written Premium up by 3% YoY to • Loan book increased by 9% YoY to Rp107 trillion Rp4.6 trillion. *** • LDR 90%, Total CAR 19% • RBC: 238% vs regulatory minimum of 120%. • Gross and Net NPL at the end of December 2018 were * Unit financed includes electronics 4.4% and 1.7% respectively (2017: 4.6% and 1.7% **Average exchange rate USD/IDR: 14,267 (2018) & 13,398 (2017) respectively) ***Tentative figure, awaiting confirmation from OJK 20 Heavy Equipment Market Heavy equipment market in 2018 improved significantly due to strong coal price (Newcastle index US$107.3 / tonne in 2018 vs US$88.5 / tonne in 2017). 17,360 Others Komatsu 14,421 In Units 13,550 11,781 8,893 10,252 10,823 8,219 8,867 8,672 6,377 6,644 6,844 6,049 5,912 7,035 5,354 3,533 8,467 3,788 4,663 6,202 5,404 4,878 4,203 3,513 3,788 3,111 2,124 2,181

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Market Share 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Komatsu 47% 46% 49% 43% 41% 40% 36% 32% 35% 36% Caterpillar 21% 16% 18% 19% 19% 18% 22% 17% 18% 19% Hitachi 18% 19% 15% 21% 21% 20% 18% 20% 15% 15% Others 14% 19% 18% 17% 19% 22% 24% 31% 32% 30% Source: UT’s internal research 21 Heavy Equipment, Mining, Construction and Energy

United Tractors, which is 59.5%-owned, reported net income of Rp11.1 trillion, 50% higher than the previous year, mainly due to improved performances in its construction machinery, mining contracting and mining operations, all of which benefited from strong coal prices.

Revenue (Rp bio) Mining Contracting

31%

84,625 4% 13% 64,559 Coal OB 5% Production Removal 11% 48% 11% 22% 46% 979.4 800.8 35% 38% 125.1 112.6 2018 2017 2018 2017 Construction Machinery Mining Contracting Coal Production (mn tonnes) Overburden Removal (mn bcm) Mining Construction Industry Komatsu Unit Sales Coal Sales (incl. Trading) General Contractor New Contracts

4,878

15% 29% 3,788 11 % 80%

24% 15% 10% 24% 11% 7,022 8.4 51% 50% 6,336 1.6 2018 2017 2018 2017 2018 2017 22 Mining Forestry Construction Agro Total Coal Sales (all in thousand tonnes) New Contracts Secured (Rp tn) Agribusiness

Astra Agro Lestari, which is 79.7%-owned, reported a 27% decline in net income to Rp1.4 trillion, primarily due to the fall in crude palm oil prices, which were 12% lower at Rp7,275/kg compared with the average in 2017. This more than

offset a 30% increase in crude palm oil and derivatives sales to 2.3 million tonnes.

Revenue (Rp bio) CPO Productivity (tonne/Ha)

10% 7% 19,084 17,306 41% Export 37% Local 4.23 3.96

59% 63%

2018 2017 2018 2017

CPO Production (‘K tonnes) CPO & Derivatives Sales (‘K tonnes) Average CPO Price (Rp/Kg)

19% 30% 12%

2,267 1,741 8,271 1,937 7,275 1,634

2018 2017 2018 2017 2018 2017 CPO Production CPO & Derivatives Sales 23 Infrastructure and Logistics The Group’s infrastructure and logistics division reported a net income of Rp196 billion in 2018, compared to a net loss of Rp231 billion in the prior year. This was mainly due to improved earnings from the Tangerang-Merak toll road and Serasi Autoraya, as well as the inclusion in the prior year’s results of a one-off loss on the disposal of the Group’s 49% interest in PAM Lyonnaise Jaya. MMS Toll Revenue (Rp bio) MHI Toll Revenue (Rp bio) LMS Toll Revenue (Rp bio) TMJ Toll Revenue (Rp bio)

[72.5km] [40.5km] [116.8km] [72.6km]

10% 407% 12% 39 %

1,066 971 213 1,399 248 1,245 178 42 2018 2017 2018 2017 2018 2017 2018 2017

SERA under Contract (units) Astra Toll Roads Portfolio (Km)

2% As at Toll Road 31 December 2018

In Operation 302.4 23,014 23,397 Under Construction 11.2

2018 2017 24 Information Technology

Astra Graphia, which is 76.9%-owned, reported net income of Rp270 billion, 5% higher than the previous year as a result of increased revenue from its document and IT solutions businesses.

Astra Graphia Revenue (Rp bio) Astra Graphia Net Income (Rp bio)

4,070 4% 3,918 5%

31% 37%

29% 25% 270 257

40% 38%

2018 2017 2018 2017

Astra Graphia Document Solution

Astra Graphia Information Technology

Astragraphia Xprins Indonesia

25 Property

Net Income (Rp bio) The Group’s property division reported a 28% lower net profit at Rp160 billion, due mainly to reduced development earnings recognised from 28% its Anandamaya Residences project as a result of lower percentage completion in its final stages of construction. 223 160 The Group’s other projects include interests in Arumaya in South Jakarta and Asya in East Jakarta, both residential projects, and a 3-hectare residential and commercial development in 2018 2017 Jakarta’s Central Business District.

26 Appendices

27 Car Product Launches 2018

Models Launched Launching Period Engine Capacity Prices (Rp mio) BMW 520i Luxury Jan’18 2,000cc 1,009* Daihatsu Sirion Feb’18 1,300cc 182.5-193.5 Toyota Yaris Feb’18 1,500cc 235.4-275.9 Lexus RX 350L Mar’18 3,500cc 2,135 Peugeot 3008 SUV Mar’18 1,600cc 697 Isuzu Giga FVR34 Mar’18 7,800cc 543-557 Isuzu Giga FVM34 Mar’18 7,800cc 648-675 Isuzu Giga FVZ34 Mar’18 7,800cc 820-833 Toyota Alphard Mar’18 2,500-3,500cc 925.2-1,773.4 Toyota C-HR Apr’18 1,800cc 488.7-490.2 Toyota Vios Apr’18 1,500cc 291.1-326 BMW X3 xDrive20i Luxury Apr’18 2,000cc 839* Isuzu Traga May'18 2,500cc 190

* Off the Road price

28 Car Product Launches 2018

Models Launched Launching Period Engine Capacity Prices (Rp mio) BMW X1 xDrive18i Dynamic Jun'18 1,500cc 609* BMW i8 Roadster Jun'18 1,500cc 3,969* BMW i8 Coupe Jun'18 1,500cc 3,559* BMW 530i Touring M Sport Aug'18 1,998cc 1,429* BMW 6 series GT Aug'18 1,998cc 1,569* Lexus ES Aug'18 2,487cc 1,150 Lexus UX Aug'18 1,987cc N/A Isuzu NMR81 T SHD Aug'18 4,788cc 342.6 Toyota Innova Aug'18 2,000cc-2,400cc 305.2-460.3 Toyota Fortuner Aug'18 2,400cc-2,700cc 471.9-663.9 BMW X2 sDrive18i M Sport X Oct’18 1,500cc 839* Lexus LX 570 Sport Oct’18 5,700cc 3,255

* Off the Road price

29 Motorcycle Product Launches 2018

Models Launched Launching Period Engine Capacity Prices (Rp mio) Sporty Jan’18 110cc 15.2-15.4 Honda BeAT Street Jan’18 110cc 15.9 Honda CBR 150 R Jan’18 150cc 32.9-33.7 Honda CB 150 Verza Feb’18 150cc 19.3-19.9 Honda Scoopy Feb’18 110cc 17.8 Honda Supra X 125 FI Mar’18 125cc 17.1-18.1 Honda GL1800 Gold Wing Apr'18 1,800cc 1,010 Honda Vario 150 Apr'18 150cc 22.5 Honda Vario 125 Apr'18 125cc 19.9 Honda CB500R Apr'18 500cc 144.9 Honda CB500F Apr'18 500cc 139.9 Honda CB500X Apr'18 500cc 148.9 Honda CB650F Apr'18 650cc 235.38 Honda PCX Hybrid Apr'18 150cc 40.3 Honda Supra GTR150R May'18 150cc 22.3

30 Motorcycle Product Launches 2018

Models Launched Launching Period Engine Capacity Prices (Rp mio) Honda CB 150R Jul’18 150cc 26.8-27.9 Honda CBR 250RR Jul’18 250cc 59.9-71.3 Honda Super Cub 125 Aug'18 125cc 55 Honda Forza Aug'18 250cc 76.5 Honda CRF1000L Africa Twin Aug'18 998cc 464.1-499.1 150R Aug'18 150cc 22.5-22.7 Honda CRF150L Sep’18 150cc 32.6 Honda CBR 150R Oct’18 150cc 33.8-38.7 Honda BeAT Street Oct’18 110cc 16.2 Honda PCX Electric Nov’18 - N/A

31 Equity Research Contact Details

No Brokerage House Analyst Name Contact Number Email Address 1 BCA Sekuritas Aditya Eka Prakasa +62 21 23587222 [email protected] 2 BoA Merrill Lynch Swati Chopra +65 6678 0405 [email protected] 3 CIMB Sekuritas Indonesia Jovent Muliadi +62 21 3006 1727 [email protected] 4 Ciptadana Sekuritas Asia Arief Budiman +62 21 2557 4800 [email protected] 5 Citigroup Investment Research Ferry Wong +62 21 2924 9213 [email protected] 6 CLSA Indonesia Sarina Lesmina +62 21 2554 8820 [email protected] 7 Danareksa Sekuritas Stefanus Darmagiri +62 21 2955 5831 [email protected] 8 DBS Vickers Maynard Priajaya Arif +62 21 3003 4900 [email protected] 9 Deutsche Verdhana Securities Joko Sogie +62 21 2964 4543 [email protected] 10 Goldman Sachs Pramod Kumar +91 22 6616 9043 [email protected] 11 HSBC Global Research Colin Davis +65 6658 0606 [email protected] 12 Indo Premier Sekuritas Raditya Immanzah +62 21 5793 1168 [email protected] 13 J.P. Morgan Securities Indonesia Benny Kurniawan +62 21 5291 8024 [email protected] 14 Kresna Securities Franky Rivan +62 21 2939 1900 [email protected] 15 Macquarie Sekuritas Indonesia Robert Pranata +62 21 2598 8366 [email protected] 16 Mandiri Sekuritas Ariyanto Kurniawan +62 21 5296 9682 [email protected] 17 Maybank Kim Eng Securities Isnaputra Iskandar +62 21 2557 1129 [email protected] 18 Morgan Stanley Divya Gangahar Kothiyal +65 6834-6438 [email protected] 19 NH Korindo Sekuritas Arnold Sampeliling +62 21 797 6202 [email protected] 20 Nomura Indonesia Elvira Tjandrawinata +62 21 2991 3341 [email protected] 21 Onix Capital Bagus Hananto +62 21 3190 1777 [email protected] 22 RHB Sekuritas Indonesia Andrey Wijaya +62 21 2598 6888 [email protected] 23 Samuel Sekuritas Akhmad Nurcahyadi +62 21 2854 8144 [email protected] 24 Sinarmas Sekuritas Evan Lie Hadiwidjaja +62 21 392 5550 [email protected] 25 Trimegah Securities Willinoy Sitorus +62 21 2924 9088 [email protected] 26 UOB Kay Hian Securities Stevanus Juanda +62 21 2993 3845 [email protected] 27 Valbury Asia Securities Budi Rustanto +62 21 2553 3600 [email protected] 28 Yuanta Securities Indonesia Kristiadi +62 21 5153 608 [email protected] 32 For further information please contact: PT Astra International Tbk Corporate Investor Relations P: (+62 21) 5084 3888 E: [email protected]

33