PT Acset Indonusa Tbk Performance Update 1H 2017 Integrated Construction Company Disclaimer The material in this presentation has been prepared by PT Acset Indonusa Tbk (ACSET) and is general background information about ACSET activities 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 your particular investment objectives, financial situation or needs. Before acting on any information you should consider the appropriateness of the information having regard to these matters, any relevant offer document and in particular, you should seek independent financial advice. This presentation may contain forward looking statements including statements regarding our intent, belief or current expectations with respect to ACSET 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 reliable indication of future performance. ACSET 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 ACSET 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. Performance Update, 1H 2017 2 Contents Company Profile Business Profile & Operations Business Strategy Financial Highlights & Updates Performance Update, 1H 2017 3 Company Profile Performance Update, 1H 2017 4 Overview Indonesia’s Leading Integrated Construction Company PT Acset Indonusa Tbk (“ACSET”) is an integrated construction company, providing technical and construction services in building, civil engineering, foundation and ground engineering specialist works. ACSET is one of the few construction groups in Indonesia with the capability to provide services that spans across the entire value chain, and even been able to diversify ACSET's business lines in high-rise controlled-demolition business and infrastructure-related works. Our niche is in our capability to integrate the specialist works and general construction works effectively to produce the most efficient and cost effective construction; and this differentiates us from others. Performance Update, 1H 2017 5 Milestones For the past 22 years, ACSET has been striving to become the pioneer in providing integrated construction solutions to its clients. Performance Update, 1H 2017 6 Part of Indonesia’s Largest Business Group Manufacture & Distribution (Market Share 56% for cars and 74% for motorcycles) Construction Machinery Market Leader Banking, general and life insurance, (32% market shares) leasing company Mining Contracting An Integrated Construction Company Market Leader (48% CPO producer, 900.000 ton for Foundation, Structures, market shares) Infrastructures Concession: toll-road, clean water and port Coal Mining IT Hardware, software, consulting and Coal reserved 392 million document solution ton Property developer and building management *Source: PT Astra International Tbk & PT United Tractors Tbk 2016 Annual Report Performance Update, 1H 2017 7 Shareholding Structure Aneka Raya Konstruksi Mesindo (ARKM) Tower Crane & Passenger 99.9% Hoist Rental 100.0% 0.01% Foundation & Specialist Karya Supra 0.1% 99.9% Acset Pondasi Indonusa Works Perkasa 84.0% Formwork Sales, Rental & Innotech System Contractor 50.1% 92.3% Sales & Rental of Heavy Sacindo Machinery Equipment 100.0% Foundation & General Acset Indonusa Co., Ltd. (Vietnam) Contractor 55.0% Concrete Pumping Services 49.9% ATMC Pump Service Mechanical, Electrical & Bintai Kindenko Engineering Indonesia Plumbing (MEP) Contractor 40.0% Public Performance Update, 1H 2017 8 On-Going Projects Bakauheni-Sidomulyo Toll Road, Lampung The Stature, Jakarta PLTU Jepara, Soil Improvement Work, Central Java Green Sedayu, Jakarta Mixed-use development Millenium Centennial Batang, Central Java Kebon Sirih, Jakarta Tower, Jakarta Sedayu City, Kelapa Gading, Jakarta Astra Biz Centre, BSD Grand Mansion, Jalan Borobudur, Jakarta Indonesia 1 Tower West Vista, Jakarta Thamrin Nine, Jakarta New Plant Surya Cipta PT. IPPI Puri Mansion Apartment Flyover, Jakarta Lot 28, SCBD Tol JORR II, Ruas Kunciran- Langham Lot 13, SCBD Serpong Menara Tendean, Foundation Jakarta-Cikampek II Elevated Jakarta Construction Toll Road, Jakarta Infrastructure Performance Update, 1H 2017 9 Management ACSET is managed by a dedicated professional, experienced team. BOARD OF COMMISSIONERS BOARD OF DIRECTORS JEFFREY GUNADI GIDION HASAN YOHANES EKA CHANDRAWIJAYA President PRAYUDA Commissioner President Director Director TAN TIAM SENG DAVID IMAN RONNIE ELLYJAWATI SENTOSA Director Commissioner Vice President Director TJANDRAWATI HERJADI HILARIUS WAAS BUDIMAN ARWANDHI Independent Independent Director Commissioner Director As of AGMS 2017 decision, 10 April 2017 Performance Update, 1H 2017 10 Organizational Structure Board of Commissioners Audit Committee Corporate Board of Directors Secretary Corporate Audit Corporate Legal Business Development Operation & Marketing Independent Finance Director HC Director Director Director Project Management Finance & HC, GA, ESR Procurement Group Project Support & Representative Accounting Division Division Division Plant Division (ISO) Marketing & Foundation IT & Customer Project Management Engagement Division System Division Division Performance Update, 1H 2017 11 Business Profile & Operations Performance Update, 1H 2017 12 Areas of Expertise CONSTRUCTION BUSINESS General Civil Foundation Infrastructure Demolition Building Engineering Other Works Works Works Works Works Works Geotechnical Mechanical, Electrical Toll Roads Works & Plumbing Construction Heavy Equipment Sales and Bored Piling & Marine Works Rental (Tower Crane/ Diaphragm Wall Concrete Pump/Passenger Hoist) Waterproofing & Slip Forming/ Power Plants Driven Pilling Formwork System Pre-Stressing/ Bridge Post- Tensioning Performance Update, 1H 2017 13 General Building Works Performance Update, 1H 2017 14 Civil Engineering Works Performance Update, 1H 2017 15 Bored Piling & Diaphragm Wall Performance Update, 1H 2017 16 Infrastructure Works Performance Update, 1H 2017 17 Marine Works Performance Update, 1H 2017 18 Slipforming & Formwork System Performance Update, 1H 2017 19 Demolition Works Performance Update, 1H 2017 20 Current Project Portfolio: Foundation Projects 18 1. Indonesia 1, Jakarta 15. Pacific Place, Jakarta 2. Millenium Centennial Tower, 16. Plaza Sudirman, Jakarta Jakarta 17. Pasar Tanah Abang (blocks A 21 19 3. Taman Anggrek Residences, and B), Jakarta 20 Jakarta 18. Estella Residential 4. Mangkuluhur City, Jakarta Development Project, Ho Chi 5. SBCD Lot 10, Jakarta Minh City, Vietnam 6. Thamrin Nine (phase I-II), 19. Approach bridge of Jakarta Suramadu Bridge, East Java 7. St. Regis, Jakarta 20. Plaza Ambarukmo, 8. Bahana Office Tower, Jakarta Yogyakarta 3 9. District 8 Senopati, Jakarta 21. Soil Improvement Work 22 1 10. Sahid Sudirman Center, (Central Java Project), 17 2 6 Jakarta Batang 10 13 8 5 9 14 11. Botanica Residences, Jakarta 22. Mixed-use Development 7 15 11 4 16 12. Pakubuwono House, Kebon Sirih, Jakarta 12 Pakubuwono Signature, and Pakubuwono House, Jakarta 13. Ciputra World, Jakarta 14. Gandaria City, Jakarta Performance Update, 1H 2017 21 Current Project Portfolio: Structural Projects 1. Indonesia 1, Jakarta 15. BG Junction Supermall Pakuwon, 17 2. Millenium Centennial Tower, Surabaya Jakarta 16. Supermall PTC Pakuwon Indah, 14 3. Thamrin Nine, Jakarta Surabaya 15 18 19 16 21 4. District 8 Mixed-Use and 17. Sun Plaza, Medan 20 Langham Tower Development, 18. Tunjungan Plaza IV, Surabaya Jakarta 19. Artotel Sanur, Bali 5. Equity Tower, Jakarta 20. TS Suites Hotel and Mall Town 6. Kota Kasablanka (phase I-II), Square, Bali Jakarta 21. Alila Seminyak Resort, Bali 10 7. Gandaria City, Jakarta 22. Millenium Centennial Center, 11 8. Pacific Place, Jakarta Jakarta 1 3 2 23 9. New British Embassy, Jakarta 23. Grand Mansion Borobudur, 22 10. West Vista Apartment, Jakarta Jakarta 5 6 11. Hotel Harris and Yello, Jakarta 4 7 8 12. Pakubuwono Signature and 12 13 9 Pakubuwono House, Jakarta 13. Residence 8 @ Senopati Office and Apartment, Jakarta 14. Astra Business Centre, Tangerang Performance Update, 1H 2017 22 Current Project Portfolio: Civil & Infrastructure 4 3 18 6 17 12 1 16 2 11 13 9 14 15 5 10 8 7 1. Tanjung Priok Access Road (phase II), Jakarta 12. Construction of toll gate and transaction line, Balaraja 2. Blending silo of PT Semen Gresik Rembang, Central Java Timur and Cilegon Barat, Banten 3. Silo, Packer, and Pen Building of PT Semen Indonesia, 13. Construction of toll gate and office building of East Kalimantan Kertosono-Mojokerto