GALLANT VENTURE LTD 16 Annual Report 2019

GROUP STRUCTURE

SUBSIDIARIES Effective percentage Entities of ownership Domicile PT Batamindo Investment Cakrawala 100% Batam PT Bintan Inti Industrial Estate 100% Bintan Bintan Resorts International Pte. Ltd. 100% Singapore PT Buana Megawisatama 100% Jakarta BU Holdings Pte Ltd 100% Singapore PT Taman Indah 100% Bintan PT Surya Bangun Pertiwi 100% Jakarta Lagoi Dreams Limited 100% British Virgin Islands Verizon Resorts Limited 100% Malaysia Batamindo Investment (S) Ltd 100% Singapore PT Suakajaya Indowahana 100% Jakarta Win Field Limited 100% British Virgin Islands Bintan Power Pte. Ltd. 100% Singapore Golf View Limited 100% Seychelles Treasure Home Ltd 100% British Virgin Islands PT Gallant Lagoi Abadi 100% Jakarta PT Gallant Lagoi Berjaya 100% Jakarta PT Gallant Lagoi Cemerlang 100% Jakarta PT Gallant Lagoi Damai 100% Jakarta PT Gallant Lagoi Elok 100% Jakarta PT Gallant Lagoi Fenomena 100% Jakarta PT Gallant Lagoi Gemilang 100% Jakarta PT Gallant Lagoi Harmoni 100% Jakarta PT Gallant Lagoi Inti 100% Jakarta PT Gallant Lagoi Jaya 100% Jakarta GV Airport Holdings Pte Ltd 100% Singapore GO Greenhouse Investments Pte Ltd 100% Singapore PT Batam Bintan Telekomunikasi 95% Batam Bintan Resort Ferries Private Limited 90.74% Singapore PT Bintan Resort Cakrawala 86.77% Bintan PT Batamindo Executive Village 77.50% Batam PT Indomobil Sukses Internasional Tbk 71.49% Jakarta PT 71.49% Jakarta PT Central Sole Agency 71.49% Jakarta PT IMG Bina Trada 71.49% Jakarta PT Indomobil Trada Nasional 71.49% Jakarta PT Indomobil Wahana Trada 71.49% Jakarta PT Multicentral Aryaguna 71.49% Jakarta PT Wahana Indo Trada 71.49% Tangerang PT Wahana Prima Trada Tangerang 71.49% Tangerang PT Wahana Wirawan 71.49% Jakarta PT Wahana Wirawan Manado 71.49% Manado PT Wahana Wirawan Palembang 71.49% Palembang PT Sentra Trada Indostation 71.49% Tangerang PT Indomobil Sukses Energi 71.49% Jakarta PT Wahana Wirawan Riau 71.49% Riau GALLANT VENTURE LTD Annual Report 2019 17

SUBSIDIARIES Effective percentage Entities of ownership Domicile PT Indomatsumoto Press & Dies Industries 71.49% Bekasi PT IMG Sejahtera Langgeng 71.48% Jakarta PT Indomobil Multi Trada 71.48% Jakarta PT Indomurayama Press & Dies Industries 71.48% Bekasi PT Wahana Inti Central Mobilindo 71.48% Jakarta PT Wahana Inti Selaras 71.48% Jakarta PT National Assemblers 71.47% Jakarta PT Wangsa Indra Permana 71.44% Jakarta PT Garuda Mataram Motor 71.42% Jakarta PT Indo Swedish Motor Assembly Corporation 70.91% Jakarta PT Unicor Prima Motor 70.80% Jakarta PT Indomobil Prima Niaga 70.80% Jakarta PT Jasa Kencana Utama 70.78% Jakarta PT Indojaya Tatalestari 70.77% Jakarta PT Prima Sarana Gemilang 70.77% Jakarta PT 68.16% Jakarta PT Wahana Rejeki Mobilindo Cirebon 67.31% Cirebon PT Indomobil Finance Indonesia 65.76% Jakarta PT CSM Corporatama 65.75% Jakarta PT Duta Indi Jasa 65.75% Jakarta PT Indomobil Bintan Corpora 65.75% Bintan PT Kharisma Muda 65.75% Jakarta PT Wahana Indo Trada Mobilindo 65.75% Jakarta PT Indomobil Multi Jasa Tbk 65.75% Jakarta PT Indomobil Edukasi Utama 65.75% Jakarta PT Indomobil Ekspress Truk 65.75% Jakarta PT Indomobil Energi Lestari 64.69% Jakarta PT Indomobil Prima Energi 64.41% Jakarta PT Rodamas Makmur Motor 64.34% Batam PT Marvia Multi Trada 57.18% Tangerang PT Indo Traktor Utama 53.61% Jakarta PT Indotruck Utama 53.61% Jakarta PT Wahana Senjaya Jakarta 50.47% Jakarta PT Seino Indomobil Logistics 49.25% Jakarta PT Data Arts Experience 46.46% Jakarta PT Multistrada Agro International 45.43% Jakarta PT Mitra Jaya Nusa Indah 45.27% Jakarta PT Sylvaduta Corporation 45.17% Jakarta PT Meranti Laksana 44.71% Jakarta PT Meranti Lestari 44.55% Jakarta PT Kreta Indo Artha 42.89% Jakarta PT Prima Sarana Mustika 42.89% Jakarta Teachcast Global Pte Ltd 42.89% Singapore PT Eka Dharma Jaya Sakti 42.89% Jakarta PT Indomobil Summit Logistics 39.45% Jakarta PT Lippo Indorent 39.45% Jakarta GALLANT VENTURE LTD 18 Annual Report 2019

GROUP STRUCTURE

SUBSIDIARIES Effective percentage Entities of ownership Domicile PT Wahana Niaga Lombok 39.32% Lombok PT United Indo Surabaya 36.46% Surabaya PT Wahana Adidaya Kudus 36.46% Kudus PT Wahana Inti Nusa Pontianak 36.46% Pontianak PT Wahana Investasindo Salatiga 36.46% Salatiga PT Wahana Jaya Indah Jambi 36.46% Jambi PT Wahana Jaya Tasikmalaya 36.46% Tasikmalaya PT Wahana Lestari Balikpapan 36.46% Balikpapan PT Wahana Megahputra Makassar 36.46% Makassar PT Wahana Persada Jakarta 36.46% Bogor PT Wahana Sumber Baru Yogya 36.46% Yogyakarta PT Wahana Sumber Lestari Samarinda 36.46% Samarinda PT Wahana Sumber Mobil Yogya 36.46% Yogyakarta PT Wahana Sumber Trada Tangerang 36.46% Tangerang PT Autobacs Indomobil Indonesia 36.46% Tangerang PT Furukawa Indomobil Battery Sales 36.46% Karawang PT Indo Auto Care 36.46% Jakarta PT Makmur Karsa Mulia 36.45% Jakarta PT Indomobil Sugiron Energi 36.45% Jakarta PT Kyokuto Indomobil Distributor Indonesia 36.45% Jakarta PT Indosentosa Trada 36.10% Bandung PT Wahana Delta Prima Banjarmasin 36.10% Banjarmasin PT Wahana Persada Lampung 36.10% Lampung PT Wahana Sun Hutama Bandung 36.10% Bandung PT Wahana Sun Motor Semarang 36.10% Semarang PT Wahana Sun Solo 36.10% Solo PT Wahana Trans Lestari Medan 36.10% Medan PT Indomobil Cahaya Prima 36.10% Lombok Barat PT Indomobil Sumber Baru 35.75% Semarang PT Indotama Maju Sejahtera 35.75% Jakarta PT Wahana Sugi Terra 35.75% Jakarta GALLANT VENTURE LTD Annual Report 2019 19

ASSOCIATES Effective percentage Entities of ownership Domicile Batamindo Carriers Pte Ltd 36% Singapore PT Indo Citra Sugiron 35.75% Jakarta PT Indo Trada Sugiron 35.75% Jakarta PT Kyokuto Indomobil Manufacturing Indonesia 35.03% Cikampek PT Indomobil Sompo Japan 34.76% Jakarta PT Bintan Aviation Investments 33.33% Jakarta PT Seino Indomobil Logistics Services 33.19% Jakarta PT Penta Artha Impressi 32.11% Jakarta PT Car & Cars Indonesia 32.03% Jakarta PT Soxal Batamindo Industrial Gases 30% Batam PT Persada Hijau Cemerlang 30% Bintan PT Persada Hijau Permai 30% Bintan PT Sales Indonesia 28.60% Jakarta PT Hino Finance Indonesia 26.30% Jakarta PT Indo Masa Sentosa 21.45% Jakarta PT Nissan Motor Distributor Indonesia 17.87% Jakarta PT Mitsuba Automotive Parts Indonesia 17.87% Purwakarta PT Shinhan Indo Finance 17.55% Jakarta PT Sumi Indo Wiring Systems 14.66% Jakarta PT Karanganyar Indo Auto Systems 14.66% Karanganyar PT Vantec Indomobil Logistics 14.30% Jakarta