Impact Beyond Returns

Mandiri Investment Forum 2023

Presentation to Analysts and

Investors

Disclaimer

This presentation has been prepared by the management of PT Barito Pacific Tbk. ("Barito Pacific" or the "Company") for information purposes and contains general background information about Barito Pacific group including forward-looking statements on its business, financial condition and results of operations as at the date of this presentation, and has not been independently verified. No representation or warranty, expressed or implied, is made and no reliance should be placed on the accuracy or completeness of the information presented or contained in this presentation.

Information in this presentation including forecast financial information, should not be considered as advice or recommendation in relation to holding, buying or selling securities or other financial instruments. Before acting on any information, readers should consider the appropriateness of the information and should seek independent financial advice.

This presentation may contain forward-looking statements including statements regarding our belief, intent and/or current expectations with respect to Barito Pacific group businesses and operations. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those in the forward-looking statements as a result of various factors and assumptions. Barito Pacific has no obligation to revise or update such forward- looking statements in the future to reflect the actual events or circumstances.

This presentation is for information purposes only and do not constitute or form part of an offer, solicitation or invitation of any offer to buy or subscribe for any securities of the Company, in any jurisdiction, nor should it or any part of it form the basis of, or be relied upon in any connection with, any contract, commitment or investment decision whatsoever. Any decision to purchase or subscribe for any securities of the Company should be made after seeking appropriate professional advice.

Key Discussions

Group Overview & Latest Key Updates

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02

03

Petrochemicals - CAP

Energy - Barito Renewables (Star Energy)

Barito Pacific Transformation

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● Consortium with PLN and KEPCO

Barito Pacific Overview

Group Structure

  • Listed on the IDX since 1993, Barito Pacific has a market capitalization of c.US$4.9bn as at 30 Sep 2022
  • Barito Pacific's largest shareholder is Prajogo Pangestu with a 70.86% stake as at 30 Sept 2022
  • Rating Pefindo: idA+ (Stable)

Petrochemicals

38.4% (1)

Energy

Property and Others

66.67% (3)

34.00% (4)

100%

Barito Renewables

Energy

100% (2)

  • Indonesia's largest and only integrated petrochemical company. Operates a world scale naphtha cracker.
  • Domestic market share (including imports) of approximately 50%, 30% and 32% in olefin, polyethylene, and polypropylene, respectively
  • Market capitalization of c.US$13.6bn as at 30 Sep 2022
  • Rating Pefindo: idAA- (Stable)

● 2,000 MW ultra supercritical coal- fired power project (scheduled COD

● One of the largest operators in Indonesia 1H 2025) and in the world.

  • 885 MW installed capacity across three operating assets.
  • Long-termofftake contract agreement with Pertamina and PLN with JOC expiry period beyond 2039
  • Net Book Value 9M22: US$1,122 Million
  • Ratings (M/F):
    o SEG Wayang Windu: Ba3/BB-
    o SEG Salak & Darajat: Baa3/BBB-
  • Wisma Barito Pacific office complex in Jakarta
  • Operator of Integrated industrial park: 60 ha
  • Wisma Barito Pacific 2 (delivered: Q2 2021)
  • Hotel Mambruk Anyer
  • Particle board production plant: 60,000 m3 pa
    1. As at 31 July 2021. Direct 34.5% and indirect 3.9%
    2. Effective acquisition in June 2018
    3. Ownership restructuring thru share swap in Dec 2022
    4. Indirectly though PT Barito Wahana Lestari ("BWL") and PT Barito Wahana Tenaga ("BWT")

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01 Petrochemicals

Large war chest & long runway for multi-year growth

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PT Barito Pacific Tbk published this content on 03 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 February 2023 00:57:05 UTC.