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0 89 79 245 175 22 PT Kawasan Industri Jababeka Tbk. 132 115 82 Investor Presentation March 2019 200 218 78 86 134 182 205 102 95 133 111 160 0 0 89 Leading township developer & infrastructure powerhouse 79 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... 245 KIJA overview Business segments 175 22 FY17 Revenue Breakdown (%) PT Kawasan Industri Jababeka Tbk (Rp 2,995 billion) Infrastructure & Port, 14% 132 Real Estate Infrastructure 115 82 Real Estate & Industrial Power Others, 41% 200 Residential Infrastructure 218 Power Plant, 78 Commercial Dry Port 45% Established in 1989 and became the first publicly listed industrial FY17 Gross Profit Breakdown (%) 86 estate developer in Indonesia in 1994 (Rp 1,137 billion – 38% GPM) 134 Kota Jababeka, KIJA's flagship development, is a mature industry- 182 based integrated township in Cikarang with on-site power plant Infrastructure & and dry port Port, 17% Diversification projects: Kendal Industrial Park – Park by the Bay in Central Java, tourism-based township in Tanjung Lesung, Banten 205 and a tourism development project in Morotai 102 Large and strategically located land bank of 3,883 hectares as of 30 Real Estate & Power Plant, 20% Others, 63% 95 September 2018 Vision: To Create Modern Self Sustained Cities in Every Province in Indonesia and Provide Jobs for Better Life 133 111 160 …with world class infrastructure to support its development 1 0 89 Milestones & Awards 79 More than 25 years track record in township development Selected awards 245 175 22 #1 #1 Investor Magazine - 2012 SWA Magazine - 2016 132 Indonesia Property Watch- Fortune Indonesia - 2015 Top 10 Best performing 2015 Best Company award Top 25 Most Creative 115 listed companies and Best The best township Companies in Indonesia 82 listed company in property development concept 2016 Groundbreaking 200 Kendal Industrial 218 #1 #1 2014 Park – Park by 78 the Bay D’Khayangan Frontier Consulting Group Award Supply Chain Asia Awards 2014 Ministry of Industry - 2015 2013 Senior Living 2014 #1 Corporate Image Asia Logistics Centre/Park of the Best Industrial Estate – Launched Bekasi Industrial Estate Year Infrastructure & Facilities 86 2011 Power Plant 134 commenced Acquisition 182 2010 operations of 1,500 ha Cikarang Dry land in 2003 Port begins Tanjung operations Lesung, 2001 Commenced 205 Banten 1996 development of 102 Inauguration of 1994 Jababeka CBD Education Park, 95 1989 Acquisition of including President IPO on Menara Batavia University Jababeka Group Jakarta and in Jakarta CBD established and Surabaya 133 started Stock 111 development of Exchange 160 the industrial estate 2 0 89 Sizeable land bank in strategic locations with upside potential 79 Kota Jababeka Cikarang Fully integrated and matured city development 35km east of Jakarta, 45mins from Jakarta’s CBD 245 Master plan: 5,600 hectares 175 35km east of Jakarta Most established industrial area in Greater Jakarta, home 22 Land Bank: 1,239ha(1) to >2,000 local and multinational companies INDONESIA 132 115 Tanjung 82 Lesung Kota Jababeka Kendal, Cikarang Central Java 200 Semarang 218 78 Karawang Surabaya 86 134 182 Tanjung Lesung Master plan: 1,551 hectares 170km southwest of Jakarta (1) 205 Land Bank: 1,537ha Designated strategic estate 102 Kendal, Central Java status under presidential 95 Master plan: 2,700 hectares decree Designated as a Special Economic Zone 450km east of Jakarta Strategically located along Located 180km southwest of Jakarta and covers 1,500 (1) Land Bank: 587ha the Jakarta-Semarang- ha of untouched peninsula facing the Indian Ocean 133 Surabaya Economic Envisaged to become a first-class integrated resort Offers a deep pool of young Corridor 111 destination for both domestic and international tourists and skilled labour at a 160 competitive cost Note: 1 Land bank as at 30 September 2018 3 0 89 1 Kota Jababeka — Flagship industry-based integrated township 79 Kota Jababeka is a mature industry-based township strategically located in close proximity to Jakarta CBD, sea port and airport… 245 175 Excellent accessibility and connectivity with 3 Exit Toll Accesses to Kota Jababeka 22 and development of Major Transportation Infrastructure along Jakarta Eastern Corridor to Kota Jababeka. 132 115 82 1.5 hours 200 Proposed 218 MRT Station 78 JAKARTA KOTA JABABEKA 86 134 KM 29 182 KM 31 6 lane Highway of Jakarta Inner Ring Road 205 Tranportation infrastructure 102 KM 34 (Proposed / Under Construction) 95 • 35 KM from Jakarta City LRT Track • Close to International Airport & Seaport High Speed Train Elevated Toll Road • Accessible by toll road and railway MRT Track 133 Double-double track Railway 111 160 …and is home to over 2,000 local and multinational customers from over 20 countries 4 0 89 1 Kota Jababeka – Anchored by a blue-chip customer base 79 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 245 175 22 Diverse mix of occupants across sectors (breakdown by number of occupants) – As of 30 Sept 2018 Portfolio of high quality customers 132 115 82 Electronics 11% Machinery 200 7% Customer Goods 218 Chemicals 78 45% 6% Automotive Plastics 6% 86 Foods 134 6% Building 182 Metal Fabrication 5% 4% Tekstile 4% 4% Others 205 2% 102 95 133 111 160 5 0 89 1 Jababeka Residence – A City for Your World 79 Residential & Commercial Developments 245 175 22 132 115 Oscar Townhouse Sudirman Boulevard 82 Cluster Commercial Center Mixed-Use Developments 200 218 KM 29 78 KM 31 86 134 182 Hollywood Junction, Monroe & Elvis Tower KM 34 Facilities 205 102 95 133 111 International Senior Living 160 Hospitals President Jababeka Golf & Jababeka Jababeka Stadium Hotels University & Country Club D’Khayangan Convention Center 6 Reputable Schools 0 89 1 Kota Jababeka – Enhancing value through Joint Venture projects 79 PT PP Properti (Persero) Tbk PT Plaza Indonesia Realty Tbk 245 175 22 51% “Riverview 30% “MAYFAIR Estate JV 1 JV 1 49% 132 Residence” 70% & Park Land” 115 82 4 apartment towers strategically located near the Mixed use superblock on a 12-ha site right next to the golf course toll exit Groundbreaking happened in June 2015; piling completed 200 Catering to the lower end of 218 the market 78 Tower 1 – Mahakam Tower – 90% sold out & topped off, hand-over started - Tower 2 – 86 Bengawan Tower –> 199 units 134 sold, piling completed 182 47.4% JV 2 52.6% 205 70% 102 JV 2 95 Mixed use superblock on a 30% 4.6-ha site With 6 apartment towers To be developed on 4-ha site adjacent to JV 1 and Japanese style mall 133 Concept to be decided on at a later stage – to support / complement 111 JV 1 160 7 0 89 1 Kota Jababeka – Kawana Golf Residence 79 Kawana Golf Residence – The One & Only Golf Residence in Indonesia 245 Kawana Golf Residence is a JV between KIJA’s Jababeka Residence (60%) and Creed Group (40%) from Japan 175 High-end golf view apartment tower with 234 units 22 Total 100% sold in 2 phases – delivery scheduled in 2020 Kawana 2 planned to be launched later in 2019 132 115 82 200 218 78 86 134 182 205 102 95 133 111 160 8 0 89 2 Enhancing Kota Jababeka's value proposition: Jababeka Infrastruktur 79 PT Jababeka Infrastruktur provides top notch to infrastructure and services, including clean water provision, waste water 245 treatment, estate management, and other services such in-house fire brigade, 24 hour security, fiber optics, natural gas 175 and others… 22 WWTP 2 WTP 1 WTP 2 WWTP 1 Capacity Capacity 125 L/sec 132 400 L/sec Capacity Capacity 115 200 L/sec 208 L/sec 82 Waste Water 200 Treatment Plan 218 78 86 134 182 Water Treatment Plan 205 102 95 Telco Natural Gas 133 111 …which meet the international standards and operate in accordance with environmentally 160 friendly policies in integrated city Kota Jababeka in Cikarang 9 0 89 2 Enhancing Kota Jababeka's value proposition: Bekasi Power Plant 79 KIJA is the only industrial estate developer in Indonesia with its own power plant located within its estate Integrated Power Generation & Distribution Process 245 130MW gas fired combined cycle plant 175 20 year 100% off-take agreement from Perusahaan Listrik Negara 22 1 (“PLN”) 100% output to PLN – Rate per KWH: ~US$11 cents – Average gas cost / MMBTU: ~US$9.0 – Fuel costs borne by PLN on a pass-through basis 132 – Fully contracted gas supply 115 2 Buy back from PLN PLN 82 (+16% margin) – Flexibility to buy back power and resell it at a premium During the repair of a leakage in one of the boilers the power 3 Direct sale to factories plant operated at about 50% of the usual capacity for about 3 (+ margin) months in 2016 200 The power plant was in full “reserve shutdown” for most of 1Q18 218 Factories and has operated intermittently since then, since 3Q18 on 5 days 78 full capacity during the week and half capacity on weekends Financial Highlights Operational Highlights IDR billion Description 2014 2015 2016 2017 9M18 86 1,600 1,499 30.0% 134 1,360 1,400 1,310 26.7% Net Dependable Capacity 118.8MW 120MW 120MW 121MW 119MW 182 1,267 25.0% 1,200 1,062 Load Factor 108MW 110MW 93MW 109.1MW 112MW 20.0% 1,000 17.1% 774 Capacity factor 90.01% 90.01% 81.85% 87.95% 92% 800 14.3% 15.0% 205 12.5% 600 12.2% 102 10.0% Equivalent Availability Factor 90.34% 96.39% 82.85% 94.53% 99% 95 400 7.7% 215 232 Planned Outage Factor 7.88% 3.09% 15.15% 5.00% 0% 155 164 207 5.0% 200 82 - 0.0% Equivalent