Business UpdateJune 2017

Investment Summary

RetailTelecommunications, Multimedia &

Technology (TMT)Other Businesses

& Investments

- MPPA FMCG retailMarket cap: USD 283 millionShareholding value: USD 142 million

- Matahari Department Store fashion retail

Market cap: USD 3.1 billion Shareholding value: USD 543 million

New retail channels:

- Matahari Mall B2C e-commerce

(thru MPPA & MDS)

Complementary/other retail:

Timezone, Books & Beyond

- Property GroupRetail malls, free-standingretail stores, warehouse, office buildingBook value: USD 160 million

- Lippo KarawaciMarket cap: USD 1.1 billionShareholding value:USD 24 million

- Nobu BankMarket cap: USD 300 milionShareholding value:USD 59 million

- Multipolar TechnologyGroupIT system integration, services, data center

Market cap: USD 132 millionShareholding value: USD 106 million

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

Market cap: USD 137 millionShareholding value: USD 46 million

As of Jun 30, 2017; USD 1 = IDR 13,319

• Listed in Jakarta Stock Exchange (MLPL)• Market Cap: IDR 2.1tn (USD 156mm)

Multipolar at-a-Glance

• Listed in Jakarta Stock Exchange (MLPL)• Market Cap: IDR 2.1tn (USD 156mm)

Matahari Putra Prima (MPPA)

50.2% share

Mkt Cap: IDR 3.8tn(USD 283mm)

117 Hypermarts26 Foodmarts30 FMX112 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 1.8tn(USD 132mm)

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 1.8tn(USD 137mm)

Link Net (LINK)

BroadbandInternet, cable TV, data comm

Other Businesses & Investments

Department Store

Matahari Dept. Store(LPPF)

17.5% share

Mkt Cap:IDR 41.4tn(USD 3.1bn)

155 stores

Timezone

50% indirect share

84 stores

Books & Beyond

Wholly owned

37 bookstores

As of Jun 30, 2017; USD 1 = IDR 13,319

Consolidated Non-consolidated

Others

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

apartment

Nobu Bank (NOBU) 19.6% share Mkt cap:

IDR 4.0tn(USD 300 mm)

Mbiz 80% share B2B & B2G

e-Procurement

Multifiling Mitra Indonesia (MFMI) 33.1% share Mkt Cap:

IDR 583bn(USD 44mm)

Document management

92.5%

3.4%4.0%

Net Sales by Segment Gross Profit by Segment

84.4%

9.4%6.2%

1H17 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

1H17 Same Store Sales Growth (SSSG): -3.0%5

1H17 net sales IDR 6.7 tn vs 1H16 net sales IDR 6.9 tn4

Opened 11 multi-format stores during 1H173

289 multi-format stores in 73 cities (opened 27 stores in 2016) 2

Largest hypermarket network in Indonesia: 117 Hypermart stores1

1H17 net loss IDR 170 bn vs 1H16 net income IDR 25 bn6

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

1H17 Same Store Sales Growth (SSSG): 8.0%5

1H17 ttl sales IDR 10.0 tn vs 1H16 ttl sales IDR 9.0 tn4

Plan to open 6-8 new stores in 2017 (4 new stores opened in 1H17)3

Largest dept store network in Indonesia: 155 stores in 71 cities1

Opened 9 stores in 20162

1H17 net income IDR 1.3 tn vs 1H16 net income IDR 1.2 tn 6

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

1H17 net profit IDR 33 bn vs 1H16 net profit IDR 96 bn3

1H17 sales IDR 849 bn vs 1H16 sales IDR 967 bn2

202 service points in 179 locations5

Largest system integrator in Indonesia since 19751

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

Partners with Mitsui operating Rate-3 ready data center6

1H17 Profit and Loss

in million IDR

Jun 30, 2017 Jun 30, 2016*

Net Sales 8,603,525 8,718,107

COGS (7,072,193) (7,122,899)

Gross Profit 1,531,332 1,595,208

Net Loss (391,971) (21,615)

Attributable to owners

of the parents(323,477) (24,708)

Attributable to non-

controlling interests(68,494) 3,093

*) Restated and reclassified (MPPA changed its techniques for measurement of inventory method from the conventional retail method to the average cost method since August 1, 2016)

Balance Sheet as of Jun 30, 2017

in million IDR

Jun 30, 2017 Dec 31, 2016

Total Assets 27,032,282 24,122,671

Total Liabilities 18,007,416 14,758,200

Total Equity 9,024,866 9,364,471

Source: Company materials, filings.

26.97% 5.05%

100%

67.98%

Cyport Limited

Grandhill Asia Limited

Public

PT Multipolar Tbk (MLPL)

Shareholding Structure

1H17 Profit and Loss

in million IDR

Jun 30, 2017 Jun 30, 2016* %

Net Sales 8,603,525 8,718,107 -1.3%

COGS (7,072,193) (7,122,899) -0.7%

Gross Profit 1,531,332 1,595,208 -4.0%

Net Loss (391,971) (21,615) -1713.4%

Attributable to owners

of the parents(323,477) (24,708)

Attributable to non-

controlling interests(68,494) 3,093

*) Restated and reclassified (MPPA changed its techniques for measurement of inventory method from the conventional retail method to the average cost method since August 1, 2016)

Balance Sheet as of Jun 30, 2017

in million IDR

Jun 30, 2017 Dec 31, 2016 %

Total Assets 27,032,282 24,122,671 12.1%

Total Liabilities 18,007,416 14,758,200 22.0%

Total Equity 9,024,866 9,364,471 -3.6%