PRESENTATION MATERIAL

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Important Notice

IMPORTANT: The following disclaimer forms part of this presentation, and should be read in conjunction with the other contents of this presentation materials.

By attending the meeting where this presentation is made, or by reading the presentation materials, you have acknowledged and agreed to maintain strict confidentiality regarding the information disclosed in this document and to be bound by the following limitations:

The information in this presentation and the accompanying presentation materials (the “Presentation”) has been prepared by representatives of PT Panca Budi Idaman, Tbk. (the “Company”) for use in presentations by the Company and does not constitute a recommendation regarding the securities of the Company. You will be solely responsible for your own assessment of the market and the market position of the Company and you will conduct your own analysis and be solely responsible for forming your own view of the potential future performance of the business of the Company. Any decision of purchase securities in any offering of securities of the Company should be made solely on the basis of information contained in a prospectus or offering circular issued by the Company in relation to such an offering.

No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information in the Presentation, or opinions contained herein. The Presentation may not contain all material information concerning the Company. Neither the Company nor any of the Company’s affiliates, advisors or repre-sentatives shall have any responsibility or liability whatsoever (for negligence or otherwise) for any loss howsoever arising from any use of this Presentation or its contents or otherwise arising in connection with this Presentation. Further, nothing in the Presentation should be construed as constituting legal, business, tax, investment or financial advice. The information set out herein is still in draft form and may be subject to updating, completion, revision, verification and amendment and such information may change materially without further notice.

It should be understood that information contained in this Presentation should be considered in the context of the circumstances prevailing at the time and therefore subsequent developments may affect the information contained in this Presentation, which neither the Company nor its affiliates, advisors or representatives are under an obligation to update, revise or affirm. Any information or reference to past performance of the Company should not be taken as an indication of its future performance.

Certain statements contained in this Presentation may be statements of the Company’s beliefs, plans, and expectations about the future and other forward-looking statements that are based on management’s current expectations or beliefs as well as a number of assumptions about the Company’s operations, liquidity, prospects, growth, strategies and financial conditions and factors beyond the Company’s control or third party sources and involve known and unknown risks and uncertainties that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. Forward-looking statements can be recognized by the use of words such as “expects,” “plan,” “will,” “estimates,” “projects,” “intends,” or words of similar meaning. Forward-looking statements contained in this Presentation regarding part trends or activities should not be taken as a representation that such trends or activities will continue in the future. There is no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. You should not place undue reliance on forward-looking statements, which speak only as of the date of this Presentation.

Certain data contained in this Presentation was obtained from various external data sources, and none of the Company nor any of their respective affiliates, advisors or representatives have verified this data with independent sources. Accordingly, the Company and its affiliates, advisors and representatives make no representation as to the accuracy or completeness of that data, and this data involves risks and uncertainties and is subject to change based on various factors.

This Presentation and the information contained herein does not constitute or form part of any offer for sale or subscription of or solicitation or invitation of any offer to buy or subscribe for or otherwise acquire any securities of the Company and neither this Presentation nor anything contained herein shall form the basis of or be relied on in connection with any commitment whatsoever. The securities of the Company have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered, sold or delivered within the United States absent registration under or an applicable exemption from the registration requirements of the United States securities laws. This Presentation and the information contained herein is being furnished to you solely for your information and may not be disclosed, reproduced or redistributed, directly or indirectly, to any other person, in whole or in part, in any manner or for any purpose. In particular, neither the information contained in this Presentation nor any copy hereof may be, directly or indirectly, taken or transmitted into or distributed in the U.S., Canada, Australia, Japan or any other jurisdiction which prohibits the same except in compliance with applicable securities laws. Any failure to comply with this restriction may constitute a violation of the United States or other national securities laws. No money, securities or other consideration is being solicited, and, if any is sent in response to this Presentation or the information contained herein, it will not be accepted. This document may not be taken away.

By viewing or participating in this Presentation, you are deemed to have represented and agreed that you and any customers you represent are (a) outside of the United States (within the meaning of Regulation S under the Securities Act), and (b) persons into whose possession these presentation materials may be lawfully delivered in accordance with the law of the jurisdiction in which they are located, and that any investment in the Company will be in an offshore transaction in compliance with Regulation S under the Securities Act and in compliance with applicable law.

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Table of Contents

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Management Team

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Company’s Group Structure

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PANCA BUDI AT A GLANCE

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Brief Overview

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History & Milestones

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Business Model

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Brand Portfolio

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Distribution Network

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Competitive Landscape

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Key Investment Highlights

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Key Investment Highlights

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Key Investment Highlights

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Key Investment Highlights

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Key Investment Highlights

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Key Investment Highlights

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Financial Highlights

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Financial Highlights: COGS

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Financial Highlights: Key Ratios

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Financial Highlights: Key Ratios

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Growth Strategy

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Indicative Offering Structure

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Indicative Timetable

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