Business UpdateDecember 2017

Investment Summary

RetailTelecommunications, Multimedia &

Technology (TMT)Other Businesses

& Investments

- MPPA FMCG retailMarket cap: USD 179 millionShareholding value: USD 90 million

- Matahari Department Store fashion retail

Market cap: USD 2.1 billion Shareholding value: USD 376 million

Complementary/other retail:

Timezone, Books & Beyond

New retail channels:

- Mbiz B2B & B2G e-commerce

- Matahari Mall B2C e-commerce

(thru MPPA & MDS)

- Property GroupRetail malls, free-standingretail stores, warehouse, office buildingBook value: USD 144 million

- Lippo KarawaciMarket cap: USD 820 millionShareholding value:USD 17 million

- Nobu BankMarket cap: USD 314 millionShareholding value:USD 61 million

- Multipolar TechnologyGroupIT system integration, services, data center

Market cap: USD 93 millionShareholding value: USD 74 million

- First Media GroupCable TV, broadband Internet,4G LTE, satellite TV

Market cap: USD 55 millionShareholding value: USD 18 million

As of Dec 31, 2017; USD 1 = IDR 13,548

• Listed in Jakarta Stock Exchange (MLPL)• Market Cap: IDR 1.4tn (USD 106mm)

Multipolar at-a-Glance

• Listed in Jakarta Stock Exchange (MLPL)• Market Cap: IDR 1.4tn (USD 106mm)

Matahari Putra Prima (MPPA)

50.2% share

Mkt Cap: IDR 2.4tn(USD 179mm)

113 Hypermarts25 Foodmarts15 FMX102 Boston4 Smartclub

Retail

FMCG

Telecommunications, Multimedia & Technology (TMT)

Multipolar Technology (MLPT) 80% share IT consulting, hardware, software

& application system provider to integration & maintenance services

Mkt Cap: IDR 1.3tn(USD 93mm)

VisioNet Data Internasional

80% indirect share

Business Process Managed Services

Data Center• 52% indirect share

IT Services Multimedia

First Media (KBLV)

33.8% indirect share

Mkt Cap:IDR 746bn(USD 55mm)

Link Net (LINK)

11.75% indirect share

BroadbandInternet, cable TV, data comm

Other Businesses & Investments

Department Store

Matahari Dept. Store(LPPF)

17.5% share

Mkt Cap:IDR 29.2tn(USD 2.2bn)

155 stores

Timezone

50% indirect share

80 stores

Books & Beyond

Wholly owned

35 bookstores

As of Dec 31, 2017; USD 1 = IDR 13,548

Consolidated Non-consolidated

Others

Nadya Putra Investama & Matahari Pacific Wholly owned Mall, office,

apartment

Nobu Bank (NOBU) 19.6% share Mkt cap:

IDR 4.3tn(USD 314 mm)

Mbiz 80% share B2B & B2G

e-Procurement

Multifiling MitraIndonesia (MFMI) 33.1% share Mkt Cap:

IDR 606bn(USD 45mm)

Document management

79.8%

12.5%

7.7%

85.8%

7.8%6.4%

Net Sales by Segment Gross Profit by Segment

FY17 Segment Analysis

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

FY17 net loss IDR 1.2 tn vs FY16 net income IDR 38 bn5

FY17 net sales IDR 12.6 tn vs FY16 net sales IDR 13.5 tn4

Opened 16 multi-format stores during 20173

259 multi-format stores in 74 cities2

Largest hypermarket network in Indonesia: 113 Hypermart stores1

Matahari Department Store (LPPF)Multipolar owns 17.5% of Matahari Department Store, the #1 department store in Indonesia based on

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

FY17 net income IDR 1.9 tn vs FY16 net income IDR 2.0 tn 5

FY17 ttl sales IDR 17.5 tn vs FY16 ttl sales IDR 17.3 tn4

Plan to open 6-8 stores in 20183

Largest dept store network in Indonesia: 155 stores in 73 cities1

Opened 8 new stores in 20172

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

Partners with Mitsui operating Rate-3 ready data center3

Trusted world-class brands – IBM, Cisco, Oracle, NCR, Microsoft2

FY17 sales IDR 2.1 tn vs FY16 sales IDR 1.9 tn5

Largest system integrator in Indonesia since 19751

204 service points in 181 locations4

FY17 net profit IDR 100 bn vs FY16 net profit IDR 130 bn6

FY17 Profit and Loss

in million IDR

Dec 31, 2017 Dec 31, 2016

Net Sales 17,077,396 17,814,235

COGS (14,868,612) (14,625,667)

Gross Profit 2,208,784 3,188,568

Net Profit (Loss) (1,823,532) 312,379

Attributable to owners of the

parent(1,246,872) 243,625

Attributable to non-controlling

interests(576,660) 68,754

Balance Sheet as of Dec 31, 2017

in million IDR

Dec 31, 2017 Dec 31, 2016

Total Assets 22,864,795 24,122,671

Total Liabilities 15,328,905 14,758,200

Total Equity 7,535,890 9,364,471

As of Dec 31, 2017

72.79% 27.21%

PT Inti AnugerahPratama

Public

PT Multipolar Tbk (MLPL)

Shareholding Structure