PT Jasa Marga Persero Tbk : Jasa Marga Update 2Q2022

Jasa Marga Update

1H2022olders Meeting

1 August 2019

Company Overview

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Company Highlights

Brief Snapshot

• Leading toll road operator in Indonesia with more than 40 years of experience.
• 35 toll road concessions with total length of 1,809 km.
• 70% shares owned by the Government of Indonesia.
• Listed on the Indonesia Stock Exchange since 2007, with a market cap Rp24.97 trillion as of 31st August 2022.
• Jasa Marga's Business Line
• • Toll Road Concession Business Line (Hold concessions and manage its assets to give optimum return)
  • Toll Road Operation Business Line (Provides operation & maintenance services for Jasa Marga Group and other toll road investors)
  • Prospective Business (Manages rest areas and other properties along toll road corridors)

1H2022 Revenue Breakdown

Company Highlights

• Largest toll road operator in Indonesia with 64% market share in term of operated commercial toll roads lengths (± 1,260 km).
• The longest concession period holder in Asia reflecting stable income.
• The toll road industry has a long concession period, reflecting stable income in the future.
• Resilient industry with strong government focus.
• Strong financial profile with promising growth going forward.

Vision & Mission

Vision		To be the largest, trusted and sustainable national toll
	road network company.

		1.	Lead toll road business along the end-to-end value
			chain professionally and continuously to improve
			National connectivity.
		2.	Optimize regional development for community
			progress.
Mission		3.	Increase value for shareholders.
		4.	Enhance customer satisfaction through service
			excellence.
		5. Encourage the development and enhancement of
			employee performance in a harmonious
			environment.

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Company Key Development Milestone

✓Jasa Marga was established with focus on business management, maintenance and procurement of the toll road network.

✓Jagorawi as the first toll road in Indonesia began its operation.

1978

✓Government offered the opportunities for the private sector to participate in toll road business through Build, Operate and Transfer (BOT) system with Jasa Marga.

✓Jakarta Toll roads operated by Jasa Marga initiated its operations gradually.

1987

The authority function was returned	Jasa Marga became a public
company through an Initial Public
to the Government, Toll Road
Offering (IPO) and listed its shares
Regulatory Agency (BPJT) under the
on the Indonesia Stock Exchange.
Ministry of Public Works.

2004

2007

✓Fully	implemented	electronic	✓ Operated	24	toll	road
payment system in all toll roads	concessions (±1,000 km)
✓Issue	alternative	financing	✓ Issue	alternative	financing
product: Securitization, Project	product:		Mutual Fund	Limited
Bond, Komodo Bond.		Participation	(Reksa	Dana
			Penyertaan Terbatas)

• Successfully doubled our business by operating 28 toll road concessions (±1,162 km)
• Issue alternative financing
  product: Infrastructure Investment Mutual Fund (KIK DINFRA) and Sukuk Ijarah, both at Gempol Pandaan Toll Road

• Still manage to operate 1,191 km
• Issue alternative financing product "Commercial Paper" and also Continuing Public Offering Bond Phase I

2017

2018

2019

2020

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Company Structure & Business Line Jasa Marga's Group

Jasa Marga owns 35 toll road concessions which are operated at the parent and subsidiary level, and under the sub-holding PT Jasamarga Transjawa Tol. Jasa Marga has 3 Subsidiaries which focus on the toll road operation and maintenance business and 1 Subsidiary in the prospective business.

Government of

Indonesia ("GOI")

Ministry of State-Owned

Enterprises ("MSOE")

70%

Public 30%

Shareholder Structure

As of August 31st , 2022

Toll Road Concession Business Line

		13 Mature Toll Roads			22 New Toll Roads
1.	Cawang-Tomang-Pluit
1.	Nusa Dua-Ngurah Rai-	14.	Jakarta-Cikampek II
		(Jakarta Inner Ring Road)			Benoa		Elevated
2.	Prof. Dr. Ir. Sedyatmo	2.	JORR W2 Utara (part of	15.	Batang-Semarang
		JORR)	16.	Semarang-Solo
		(Airport)
		3.	Medan-Kualanamu-Tebing	17.	Solo-Ngawi
3.	Jagorawi			Tinggi	18.	Ngawi-Kertosono-Kediri
4.	Padalarang	4.	Bogor Ring Road	19.	Surabaya-Mojokerto
5.	JORR2 (Kunciran-Serpong)	20.	Gempol-Pasuruan
5.	Cileunyi
6.	Balikpapan-Samarinda	21.	Gempol-Pandaan
6.	Jakarta Outer Ring Road	7.	JORR2 (Cengkareng-	22.	Pandaan-Malang
7.	Ulujami-Pondok Aren	8.	Kunciran)
8.	Jakarta-Tangerang	JORR2 (Serpong-Cinere)
9.	Manado-Bitung
9.	Belmera
10.	Jakarta-Cikampek II South
	10.	Jakarta-Cikampek	11.	Probolinggo-Banyuwangi
	11.	Palikanci	12.	Yogyakarta-Bawen
	13.	Gedebage-Cilacap
	12.	Surabaya-Gempol
	13.	Semarang A B C		Legend
					Branch and Subsidiaries under Subholding
					PT Jasamarga Transjawa Tol

Toll Road Operations Business Line		Prospective Business Line
3 Subsidiaries Supporting Operations		1 Subsidiary in Business Development in Toll Road
PT Jalantol
Lingkarluar
Jakarta

12 Associated Entities & Financial Asset Entities

PRIVATE AND CONFIDENTIAL

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