Business UpdateMarch 2016

Multipolar at-a-Glance

PT IMTV 65.00% indirect share Satellite TV

provider

PT Tecnoves Int’l 85.00% indirect share Satellite operator

• Listed in Jakarta Stock Exchange (MLPL)• Market Cap: IDR 3.9tn (USD 293mm)1)

Matahari Putra Prima (MPPA)

50.23% share

Mkt Cap:IDR 8.7tn(USD 0.7bn)1)

Mkt share: 35.5%2)

110 Hypermarts23 Foodmarts50 FMX105 Boston1 Smartclub4)

Retail

Indonesia Food Retail

China Retail Operations

Robbinz Department Store Wholly owned

3 RobbinzDepartment Stores4)

Telecommunication, Multimedia & Technology (TMT)

Multipolar Technology 80.00% share IT consulting, hardware, software

& application system provider to integration & maintenance services

Mkt Cap: IDR 1.9tn(USD 148mm)1)

VisioNet

80.00% indirect share

IT outsourcing; operational and support solutions

Data Center• 52.00% indirect share

IT Services Multimedia

First Media

33.76% indirect share

Mkt Cap:IDR 1.8tn(USD 138mm)1)

Link Net

Broadbandinternet, cable TV, data comm

Other Businesses & Investments

Department Store

Matahari Dept. Store(MDS)

20.48% share

Mkt Cap:IDR 54tn(USD 4.0bn)1)

Mkt share: 34.4%2)

142 stores4)

Timezone

• 50.01% indirect share

• 84 stores4)

Books & Beyond

Wholly owned

38 bookstores4)

Other TMT Others

Multifiling MitraIndonesia (MMI)

33.13% indirect share

Mkt Cap:IDR 227bn(USD 17mm)1)

Documentmanagement

Others

Nobu Bank• 19.58% indirect share• Mkt Cap:

IDR 2.2tn(USD 166mm)1)

Notes:

1) As of Mar 31, 2016; USD 1 = IDR 13,276

2) Source: Euromonitor

3) Includes contribution from consolidated entities only

4) Updated per 31 March 2016

Consolidated Non-consolidated

RetailOthers

Properties

MatahariPacific

Nadya PutraInvestama

Wholly owned

84.5%

12.2%3.3%1Q16 Sales

Contribution

Retail

TMT

Others

Matahari Putra Prima (MPPA)Multipolar owns 50.2% of MPPA, operator of the fastest growing hypermarket chain in Indonesia

with an extensive store portfolio of hypermarkets, supermarkets and health & beauty stores across Indonesia.

New formats: Foodmart Primo, SmartClub, Foodmart Express (FMX)6

1Q16 net loss IDR 123 bn vs 1Q15 net profit IDR 82 bn5

1Q16 vs 1Q15 same-store sales growth: -5.2%4

1Q16 vs 1Q15 total sales growth: -2.4% to IDR 3.3 tn 3

289 multiformat stores 2

Largest hypermarket network in Indonesia: 110 stores in 68 cities1

Matahari Department Store (LPPF)Multipolar owns 20.5% of Matahari Department Store, the #1 department store in Indonesia based on

market share2) and brand awareness with a proven low risk, high-return business model

1Q16 vs 1Q15 net profit growth: 31.8% to IDR 244 bn 6

1Q16 vs 1Q15 same-store sales growth: 9.4%5

1Q16 vs 1Q15 ttl sales growth: 13.2% to IDR 3.3 tn4

Opening 6-8 new stores in 20163

Largest dept store network in Indonesia: 142 stores in 66 cities1

Largest market share in Indonesia: 34.4% vs. 23.1% nearest comp2

Multipolar Technology (MLPT)Multipolar owns 80% of Multipolar Technology, which provides end-to-end IT services to Indonesian

corporate clients with special focus on the financial, Telecom & natural resources industries

1Q16 vs 1Q15 net profit growth: -17.9% to IDR 18.3 bn3

1Q16 vs 1Q15 ttl sales growth: -12.0% to IDR 478 bn2

133 service points in over 125 cities, 1,100 personnels 5

Largest system integrator in Indonesia since 19751

Trusted world-class brands – IBM, HP, Cisco, Oracle, Microsoft 4

Partners with Mitsui to build Rate-4 ready data center (July 2016) 6

Indonesia Media Televisi (BigTV)Indonesia Media Televisi (IMTV) is Multipolar’s direct-to-home (DTH) satellite pay TV subsidiary,

operating under the “Big TV” brand. Launched in late 2013, IMTV continues to grow its subscriber baseamidst an increasingly competitive landscape, with the help of its extensive nationwide sales distribution

network, dynamic sales and marketing campaigns, as well as a robust installation capacity.

Largest channels offering: 124 channels incl 46 HD channels1

Reduced OPEX by efficiency measures3

1Q16 vs 1Q15 revenue growth: -28% to IDR 45 bn 2

EBITDA improved by 51% (IDR -85 bn in 1Q15 to IDR -41 bn in 1Q16) 4

Synergy with Lippo retail, malls, residentials, hotels, hospitals 5

Economy of scale with First Media’s cable pay TV 6

1Q16 Profit and Loss

in million IDR

Mar 31, 2016 Mar 31, 2015

Net Sales 4,162,972 4,365,539

COGS (3,459,832) (3,483,246)

Gross Profit 703,140 882,293

Net Loss (195,567) (241,980)

Attributable to owners

of the parents(124,654) (254,488)

Attributable to non-

controlling interests(70,913) 12,508

Balance Sheet per March 31, 2016

Mar 31, 2016 Mar 31, 2015

Total Assets 22,053,120 22,733,802

Total Liabilities 13,420,640 13,821,171

Total Equity 8,632,480 8,912,631

Source: Company materials, filings.

26.97% 5.05%

100%

67.98%

Cyport Limited

Grandhill Asia Limited

Public

PT Multipolar Tbk

(MLPL)

Shareholding Structure