INVITATION THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS PT BANK BTPN Tbk

The Board of Directors of PT Bank BTPN Tbk, having domicile and headquartered in South (the “ Company ”), hereby invites the Shareholders of the Company to attend the Extraordinary General Meeting of Shareholders (the “ Meeting ”), which will be held on:

Day/ Date : Wednesday/ 18 th November 2020 Time : 10.00 a.m. Western Indonesian Time – onwards Venue : Menara BTPN, 27 th Floor, CBD Mega Kuningan, Jl. DR. Ide Anak Agung Gde Agung Kav. 5.5-5.6 , Jakarta 12950

The Meeting’s Agenda and Explanation 1. Changes to the Company's Articles of Association 2. Resignation of a member of the Board of Directors of the Company 3. The Appointment of members of the Board of Directors of the Company 4. The Appointment of the Board of Commissioners (President Commissioner) of the Company 5. The Appointment of the Board of Commissioners (Independent Commissioner) of the Company

The explanation on the agenda of the Meeting contained in the Invitation can be downloaded on the Company's website www.btpn.com and the website of PT Kustodian Sentral Efek (“ KSEI ”).

Material of the Meeting Material or all supporting materials for all agenda of the Meeting can be accessed and downloaded through the website of the Company, the Indonesia Stock Exchange (“ BEI ”) and the eASY.KSEI application from KSEI, as of the date of the Invitation of the Meeting, or can be obtained by submitting a written request to Corporate Secretary of the Company during office hours to the address below stated.

Eligible Shareholders The Shareholders who are entitled to attend the Meeting are those whose names are registered in the Shareholders Register of the Company on 26 October 2020 16.00 p.m. Western Indonesian Time and/or the Shareholders whom registered at the security sub account with KSEI on the closing of share trading at the Indonesian Stock Exchange on 26 October 2020.

Quorum of Attendance dan the Meeting’s Resolutions 1. Agenda 1 The Meeting can be held if it is attended by the shareholders or their authorized attorney’s representing at least 2/3 (two-third) of the total issued shares of the Company with valid voting rights. The Meeting decision must be taken based on the deliberation for consensus. In the event that the deliberation for consensus fails to be reached, the decision is valid if it is approved by more than 2/3 (two-third) of the total issued shares of the Company with valid voting rights present or represented at the Meeting.

2. Agenda 2 to 5 The Meeting can be held if it is attended by the shareholders or their authorized attorney’s representing more than 1/2 (half) of the total issued shares of the Company with valid voting rights. The Meeting decision must be taken based on the deliberation for consensus. In the event that the deliberation for consensus fails to be reached, the decision is valid if it is approved by more than 1/2 (half) of the total issued shares of the Company with valid voting rights present or represented at the Meeting.

General Provisions 1. The Company will not issue separated Invitation letter to each Shareholder and this Invitation of the Meeting is considered as the official invitation to the Shareholders to attend the Meeting. This Invitation can also be viewed on the website of the Company, BEI and the eASY.KSEI application.

2. Shareholders can participate in the Meeting by attending themselves or giving power of attorney to other parties or through the eASY.KSEI application.

Shareholders may authorize the Board of Directors, Board of Commissioners and Employees of the Company, however the votes cast for the agenda of the Meeting will not be counted.

3. For Shareholders or Shareholder’s Attorney who will still attend the Meeting, please bring personal and shareholder identities in terms of acting as Shareholder’s Attorney, and must follow to the safety and health protocols listed below. Only Shareholders or Shareholder’s Attorney who comply with the safety and health protocol can enter the Meeting Room.

4. Shareholders who will authorize using the eASY.KSEI application, can contact the respective intermediary agents/ investment managers or contact PT Datindo Entrycom, the Company's Securities Administration Bureau. Explanations on the use of the eASY.KSEI application can be obtained through the Company's and KSEI websites, or by contacting: [email protected] and [email protected].

For shareholders who have given power of attorney and are interested in participating the Meeting, the Company provides a virtual meeting room for shareholders who are interested in following the meeting. Requests for a virtual meeting link can be requested to the Corporate Secretary of the Company by e-mail to [email protected] and access to the link will only be given to shareholders who are recorded on the Record Date for the Meeting. The virtual meeting room is a one-way communication, the Company will not provide answers to questions submitted by Shareholders through the virtual meeting room.

5. Shareholders can provide power of attorney through eASY.KSEI up to 1 (one) working day before the Meeting is held, or on 17 November 2020 at 12.00 WIB.

Shareholders who have provided power of attorney outside the eASY.KSEI application can cancel the power of attorney submitted to the Company no later than 3 (three) days before the Meeting, or on 12 November 2020 at 16.00 WIB.

6. For the Meeting's efficiency and effectiveness, the Meeting will be started on time. Registration process for shareholders or shareholder's attorney, the process will take place from 09.00 WIB and will close at 09.50 WIB. Shareholders or Shareholder’s Attorney who come late, are not permitted to attend the Meeting.

7. The Company provides the Code of Order, Power of Attorney and other supporting documents which can be downloaded from the Company's website www.btpn.com from the date of this Invitation.

Specific Provision on Preventive Action towards COVID19 Outbreak By fully observing the Government's direction and OJK’s Provision on the Prevention of COVID19 Outbreak, the Company hereby advise the Shareholders to not physically attending the Meeting, but to authorize its intermediary agents/ investment managers using eASY.KSEI application.

For the individual shareholder or Shareholder’s attorney, who will still attend the Meeting, must follow the security and health protocols applicable to the building where the Meeting take place , by using a mask and face shield also submit the results of the rapid test which is taken 3 (three) days before the Meeting. Only Shareholders who comply with the safety and health protocol are allowed to enter the Meeting room.

Jakarta, 27 October 2020 The Board of Directors of PT Bank BTPN Tbk

PT Bank BTPN Tbk Menara BTPN, 29 th Floor, CBD Mega Kuningan Jl. DR. Ide Anak Agung Gde Agung Kav. 5.5-5.6, Jakarta 12950 email: [email protected]; website: www.btpn.com

Daily The Jakarta Post size 3 x 230 mm

BBUSINESSUSINESS TUESDAY October 27, 2020 5 Gas and tensions Hardened by heat in the eastern Med Benoît Pelegrin its reserves are estimated at 238 billion cbm. Agence -Presse/London In addition, Israel has fi elds The discovery in recent years of of smaller sizes, including Tanin huge natural gas reserves in the and Karish. eastern Mediterranean has whet- Neighboring Egypt also has ted the appetite of nearby coun- a gigantic off shore fi eld, Zohr, tries but exacerbated geopolitical discovered in August 2015 by tensions between Turkey and its ENI, which could house 850 bil- neighbors. lion cbm. Relations have been strained in To transport this abundance of recent months following Turkish gas to the rest of Europe, and help exploration and drilling opera- meet its aim of reducing energy tions in waters claimed by both dependence on Russia, Cyprus, Cyprus and Greece. Greece and Israel struck an agree- Here is the latest on these so- ment in December 2018 to build a called “blue gold” reserves. gas pipeline, called East Med. Cyprus, which has aspirations This 2,200-km pipeline is set to of becoming a major energy play- pass 171 km south of Cyprus and er in the region, has a key exclu- end in Otranto, in southern Italy sive economic zone (EEZ), divid- after crossing the Greek island of ed into 12 blocks and potentially Crete and mainland Greece. rich in gas. The cost of its construction Last November, it signed its is estimated at $7 billion and it fi rst operating license with three should be able to transport 20 bil- Energy heavyweights, Noble En- lion cbm of natural gas annually. ergy, Shell and Delek. However, building the pipe- The deals, which last 25 years, line is still several years away and JP/P.J.Leo allow operations at the Aphrodite it would not be operational until Minan, the owner of a clay brick business, arranges bricks at a kiln in South Cikarang in Bekasi, West Java, on Friday. Brick sales have dropped gas fi eld, discovered in block 12 2025 at the earliest. with the rising popularity of lightweight bricks, autoclaved aerated concrete and cellular lightweight concrete. south of the island in 2011. In the meantime, regional ten- Aphrodite’s reserves are esti- sions abound, with Greece ac- mated at 127.4 billion cubic me- cusing Turkey of violating in- ters (cbm) of gas. ternational maritime law by In return, Nicosia is expect- prospecting in its waters. ed to earn revenues estimated at Ankara maintains that it has US$9.3 billion over 18 years, ac- the right to conduct energy re- Ministry provides $14.75 million cording to calculations by its en- search, arguing small Greek is- ergy ministry. lands near its coast do not pre- Italian fi rm ENI and France’s clude it from exploring the vast Total are also mounting explora- waters of the eastern Med. stimulus to boost aviation industry tion activities further west, partic- It dispatched a gas explora- ularly in block 6 at a site called Ca- tion vessel there in August, but af- lypso, which could contain between ter provoking a storm of regional Subsidy could reduce costs for airport operators 170 and 225 billion cbm of gas. controversy withdrew it shortly Meanwhile further south in before a European summit in ear- Mardika Parama that the number of domestic air International Airport in Manado, demic, the passenger service block 10, United States giant Exx- ly October. passengers between January and North ; I Gusti Ngurah charge stimulus is a signifi cant onMobil and Qatar Petroleum an- Turkey also maintains a The Jakarta Post/Jakarta August fell 56.99 percent year-on- Rai International Airport in ; step that we hope can support the nounced the discovery in 2019 of fraught relationship with its Cy- The Transportation Ministry has year (yoy) to 21.6 million people. and Komodo International Air- aviation industry’s recovery ef- the Glaucus-1 fi eld, which could priot neighbor, decades after its agreed to provide the aviation in- Meanwhile, the number of for- port in Labuan Bajo, East Nusa fort by increasing demand from house 130 billion cbm of gas. 1994 invasion of the northern dustry with a stimulus package eign air passengers in the same Tenggara, among other airports. the public,” he said in a statement The East Mediterranean has part of the island in response to worth Rp 216.5 billion (US$14.75 period plummeted 71.51 percent “The passenger service charge released on Thursday. been “an explorer’s paradise in a coup by Greek Cypriots wishing million) as part of a plan that in- yoy to 3.5 million people. exemption will be given direct- According to Garuda Indonesia the past decade with giant low- to unify with Greece. cludes a passenger service charge The International Air Trans- ly to passengers departing from data, the number of passengers cost gas discoveries”, explained Formal discussions on reunifi - exemption and a subsidy aimed port Association (IATA) earlier the 13 airports in order to boost who fl ew with the airline between Aditya Saraswat and Pranav cation have stalled since 2017. at cutting costs and boosting de- this year estimated that Indone- the local economy and tourism,” January and August dropped 70.1 Joshi, analysts at Rystad Energy. Israel’s turbulent relations mand throughout the COVID-19 sia’s aviation industry would suf- Novie said. percent yoy to 3.83 million. In Israeli waters, local com- with its neighbors add to region- pandemic. fer a 49 percent passenger drop Passenger service fee rates dif- Indonesian National Air Carri- pany Delek began exploiting the al tensions, including an ongoing The ministry’s air transporta- and an $8.2 billion fall in revenue fer depending on the airport and ers Association (INACA) chairper- Leviathan fi eld located 130 kilo- dispute with Lebanon over an off - tion director general, Novie Ri- this year from last year as an im- terminal. For instance, in Sam son Denon Prawiraatmadja told meters off the coast of Haifa in shore zone. yanto, said on Thursday that the pact of the global health crisis. Ratulangi Airport, the rate is Rp The Jakarta Post that the associa- January 2020. While the Jewish state has stimulus package consisted of Rp Novie said that for the stimu- 60,000 per domestic passenger, tion welcomed the stimulus even Discovered a decade earlier, it been exporting natural gas from 175.7 billion worth of service fee lus, the Transportation Minis- while in Ngurah Rai International though it was hoping for a direct is thought to contain 539 billion the Leviathan and Tamar fi elds exemptions at 13 airports across try was targeting airports located Airport, it is Rp 100,000 per pas- airline stimulus, in addition to the cbm of natural gas. to Egypt since January, Jordan Indonesia, as well as Rp 40.8 bil- near tourist destinations, as the senger, according to AP I data. current exemption and subsidy. The Tamar deposit — closer, has passed a motion to ban Israeli lion worth of subsidies for a fl ight stimulus funds would be sourced National fl ag carrier Garuda “Surely we are also hoping for at just 80 km from Haifa — has gas imports, undermining a 2016 facility calibration fee. from the Tourism and Creative Indonesia president director Ir- an airline stimulus. However, we been in operation since 2013 and agreement allowing them. The passenger service charge Economy budget. fan Setiaputra said that the airline are currently focusing on bring- exemption, a component of the The stimulus will be directed welcomed the Transportation ing the passenger number closer fl ight ticket fee, means that pas- toward Soekarno-Hatta Interna- Ministry’s decision and hoped for to pre-pandemic levels and the sengers might be aff orded lower tional Airport and Halim Perdan- a passenger boost. stimulus signifi cantly supports airplane ticket costs. The exemp- akusumah International Airport “During these challenging that eff ort,” he told the Post in a Reaching customers tion would be available for fl ights in Greater Jakarta; times due to the COVID-19 pan- phone interview. booked between Oct. 23 and Oct. 31 with scheduled departure be- fore midnight of Jan. 1, 2021, the ministry stated. The fl ight facility subsidy serves to ease the cost burden for airport operators, including state-owned INVITATION airport operator Angkasa Pura THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS (AP) I and AP II, as the Trans- PT BANK BTPN Tbk portation Ministry previously charged the operators in nontax The Board of Directors of PT Bank BTPN Tbk, having domicile and headquartered in South Jakarta (the “Company”), hereby invites the Shareholders of the Company revenue to ensure that aircraft to attend the Extraordinary General Meeting of Shareholders (the “Meeting”), which will be held on: Day/ Date : Wednesday/ 18th November 2020 equipment, including telecommu- Time : 10.00 a.m. Western Indonesian Time – onwards nications systems and visual land- Venue : Menara BTPN, 27th Floor, CBD Mega Kuningan, ing tools, worked properly. Jl. DR. Ide Anak Agung Gde Agung Kav. 5.5-5.6 , Jakarta 12950 “We hope the stimulus lowers The Meeting’s Agenda and Explanation the burden for those who travel 1. Changes to the Company’s Articles of Association 2. Resignation of a member of the Board of Directors of the Company using air transportation and reig- 3. The Appointment of members of the Board of Directors of the Company nites the aviation industry, which 4. The Appointment of the Board of Commissioners (President Commissioner) of the Company could spill over into tourism and 5. The Appointment of the Board of Commissioners (Independent Commissioner) of the Company The explanation on the agenda of the Meeting contained in the Invitation can be downloaded on the Company’s website www.btpn.com and the website of PT Kustodian other industries,” Novie said. Sentral Efek Indonesia (“KSEI”). The COVID-19 pandemic has Courtesy of Indonesia Marketing Association severely hit tourism and the avia- Material of the Meeting Material or all supporting materials for all agenda of the Meeting can be accessed and downloaded through the website of the Company, the Indonesia Stock Exchange Trade Minister Agus Suparmanto (top) joins a virtual conference with tion industry with border restric- (“BEI”) and the eASY.KSEI application from KSEI, as of the date of the Invitation of the Meeting, or can be obtained by submitting a written request to Corporate Indonesia Marketing Association (IMA) president Suparno Djasmin tions that have prompted people 6HFUHWDU\RIWKH&RPSDQ\GXULQJRႈFHKRXUVWRWKHDGGUHVVEHORZVWDWHG (bottom right) and marketing expert Hermawan Kartajaya during the to cancel their travel plans. Eligible Shareholders IMA national meeting on Saturday. Statistics Indonesia data show The Shareholders who are entitled to attend the Meeting are those whose names are registered in the Shareholders Register of the Company on 26 October 2020 16.00 p.m. Western Indonesian Time and/or the Shareholders whom registered at the security sub account with KSEI on the closing of share trading at the Indonesian Stock Exchange on 26 October 2020. Quorum of Attendance dan the Meeting’s Resolutions 1. Agenda 1 The Meeting can be held if it is attended by the shareholders or their authorized attorney’s representing at least 2/3 (two-third) of the total issued shares of the Offl ine engagement key to SME credit scoring Company with valid voting rights. The Meeting decision must be taken based on the deliberation for consensus. In the event that the deliberation for consensus fails to be reached, the decision is Eisya A. Eloksari had never used a fi ntech or fi nan- does not mean that everyone will valid if it is approved by more than 2/3 (two-third) of the total issued shares of the Company with valid voting rights present or represented at the Meeting. cial product. be included,” Hendra said, adding 2. Agenda 2 to 5 The Meeting can be held if it is attended by the shareholders or their authorized attorney’s representing more than 1/2 (half) of the total issued shares of the Company The Jakarta Post/Jakarta According to the 2019 e-Con- that fi ntech fi rms should not only with valid voting rights. Agent-based payment technolo- omy SEA report produced by focus on product innovation but The Meeting decision must be taken based on the deliberation for consensus. In the event that the deliberation for consensus fails to be reached, the decision is gy company Payfazz CEO Hendra Google, Temasek and Bain & also reach out to rural consumers. valid if it is approved by more than 1/2 (half) of the total issued shares of the Company with valid voting rights present or represented at the Meeting. Kwik has said the company’s strat- Company, there are 93 million “There is a long way to go, but General Provisions egy to have offl ine agents assess ru- underbanked people in Indonesia collaborations can foster more  7KH&RPSDQ\ZLOOQRWLVVXHVHSDUDWHG,QYLWDWLRQOHWWHUWRHDFK6KDUHKROGHUDQGWKLV,QYLWDWLRQRIWKH0HHWLQJLVFRQVLGHUHGDVWKHRႈFLDOLQYLWDWLRQWRWKH6KDUHKROGHUV to attend the Meeting. This Invitation can also be viewed on the website of the Company, BEI and the eASY.KSEI application. ral small businesses on the ground and only half of those with a bank inclusion.” 2. Shareholders can participate in the Meeting by attending themselves or giving power of attorney to other parties or through the eASY.KSEI application. is the key to better credit scoring account have access to services Meanwhile, P2P lender Modalku Shareholders may authorize the Board of Directors, Board of Commissioners and Employees of the Company, however the votes cast for the agenda of the Meeting and reducing bad loan risks. such as lending and insurance. cofounder and COO Iwan Setiawan will not be counted. “One thing that we learn from The country has been push- said that while the COVID-19 pan- 3. For Shareholders or Shareholder’s Attorney who will still attend the Meeting, please bring personal and shareholder identities in terms of acting as Shareholder’s Attorney, and must follow to the safety and health protocols listed below. Only Shareholders or Shareholder’s Attorney who comply with the safety and health protocol banks is that they have people on ing for greater fi nancial inclusion demic had led to an increase in bad can enter the Meeting Room. the fi eld to do offl ine verifi cations. with experts calling on fi ntech loans, it had also boosted people’s 4. Shareholders who will authorize using the eASY.KSEI application, can contact the respective intermediary agents/ investment managers or contact PT Datindo Entrycom, the Company’s Securities Administration Bureau. Explanations on the use of the eASY.KSEI application can be obtained through the Company’s and KSEI Our offl ine agents also assess fi rms to branch out their ser- appetite for lending. websites, or by contacting [email protected] and [email protected]. SMEs [small and medium enter- vices beyond the island of Java. The company’s nonperforming For shareholders who have given power of attorney and are interested in participating the Meeting, the Company provides a virtual meeting room for shareholders prises] so we can better serve them The Indonesian Fintech Asso- loan rate stood at around 2 per- who are interested in following the meeting. Requests for a virtual meeting link can be requested to the Corporate Secretary of the Company by e-mail to corporate. [email protected] and access to the link will only be given to shareholders who are recorded on the Record Date for the Meeting. The virtual meeting room is a with lower risk,” Hendra said dur- ciation (Aftech) reported that by cent amid the health crisis, rela- one-way communication, the Company will not provide answers to questions submitted by Shareholders through the virtual meeting room. ing an online conference hosted by the end of the second quarter of tively better than the industry av- 5. Shareholders can provide power of attorney through eASY.KSEI up to 1 (one) working day before the Meeting is held, or on 17 November 2020 at 12.00 WIB. Tech in Asia on Thursday. this year, it had 362 fi ntech start- erage of 7.9 percent as reported by Shareholders who have provided power of attorney outside the eASY.KSEI application can cancel the power of attorney submitted to the Company no later than 3 He added that Payfazz, which up members. the Indonesian Fintech Lenders (three) days before the Meeting, or on 12 November 2020 at 16.00 WIB.  )RUWKH0HHWLQJ¶VHႈFLHQF\DQGHႇHFWLYHQHVVWKH0HHWLQJZLOOEHVWDUWHGRQWLPH5HJLVWUDWLRQSURFHVVIRUVKDUHKROGHUVRUVKDUHKROGHU¶VDWWRUQH\WKHSURFHVVZLOO secured a US$58 million series Aftech’s recent survey showed Association in September. take place from 09.00 WIB and will close at 09.50 WIB. Shareholders or Shareholder’s Attorney who come late, are not permitted to attend the Meeting. B fund in July, had yet to make only 23 percent of fi ntech com- “SMEs and retail loans are im- 7. The Company provides the Code of Order, Power of Attorney and other supporting documents which can be downloaded from the Company’s website www.btpn. a profi t from its lending prod- panies have a reach outside of the pacted, while microbusinesses are com from the date of this Invitation. uct. However, the company’s most populous island, while 41 the hardest hit by the pandemic,” 6SHFL¿F3URYLVLRQRQ3UHYHQWLYH$FWLRQWRZDUGV&29,'2XWEUHDN core business of bill payments percent have operations in Great- Iwan said at the conference. By fully observing the Government’s direction and OJK’s Provision on the Prevention of COVID19 Outbreak, the Company hereby advise the Shareholders to not and money transfers has been er Jakarta. More than half of the “But we also see 20 times more physically attending the Meeting, but to authorize its intermediary agents/ investment managers using eASY.KSEI application. For the individual shareholder or Shareholder’s attorney, who will still attend the Meeting, must follow the security and health protocols applicable to the building profi table. respondents, however, said they traffi c on our platform.” where the Meeting take place, by using a mask and face shield also submit the results of the rapid test which is taken 3 (three) days before the Meeting. Only Hendra also said that peer-to- had set their sights on the un- Recent Financial Services Au- Shareholders who comply with the safety and health protocol are allowed to enter the Meeting room. peer (P2P) lending was a good banked and rural population as a thority data show that P2P lend- Jakarta, 27 October 2020 way to boost fi nancial inclusion, target market. ers disbursed loans totaling Rp The Board of Directors of PT Bank BTPN Tbk but challenges remained as mi- “Despite the many fi ntech apps, 121.87 trillion ($8.29 billion) as of PT Bank BTPN Tbk crobusinesses were often diffi cult the problem of people onboard the August, more than double the Rp Menara BTPN, 29th Floor, CBD Mega Kuningan Jl. DR. Ide Anak Agung Gde Agung Kav. 5.5-5.6, Jakarta 12950 to handle and lacked digital and platforms persists. This means the 54.72 trillion issued over the cor- email: [email protected]; website: www.btpn.com fi nancial literacy, as most people launch of new fi ntech products responding period last year.